DOCTOR_PIPS05

DOCTOR_PIPS05

The chart shows USD/JPY in a rising channel with a projected bearish reversal setup forming. Here’s a breakdown: 🔹 Current Price: 148.83 🔹 Pattern Observed: The pair is trading inside a rising channel. A potential double top or lower high formation near the top of the channel suggests weakening bullish momentum. Price may break down through the channel...

DOCTOR_PIPS05

Price recently rejected from the key resistance zone around 3,370–3,380 (highlighted in yellow). A double top pattern is evident, indicating bearish pressure. Price broke the rising trendline support and is forming lower highs. Immediate support levels lie at: 3,291.46 3,290.79 A confirmed break below this support could send price toward the next major...

DOCTOR_PIPS05

Chart Analysis Summary: Current Price: $3,429.21 (at the time of the screenshot) Trend: Strong uptrend within a bullish ascending channel. Price has been respecting the trendline and moving upward steadily. Key Chart Patterns & Tools: Ascending Channel: ETH is trading within an upward sloping channel, suggesting bullish momentum. Ichimoku Cloud (green):...

DOCTOR_PIPS05

The pair has formed a double bottom pattern around the 0.5800 level (highlighted by the blue arrows), indicating strong support and a potential bullish reversal. Price has broken the short-term bearish trendline and is now retracing slightly, possibly to retest the breakout zone or neckline of the double bottom. Ichimoku Cloud is thinning, suggesting weakening...

DOCTOR_PIPS05

The chart shows a falling wedge pattern, a typical bullish reversal signal. Price has broken out of the wedge, suggesting a potential trend reversal to the upside. Two strong demand zones (highlighted with blue arrows and yellow box) show strong buying pressure around 1.15500–1.15700. The Ichimoku Cloud above indicates resistance, but a breakout above it would...

DOCTOR_PIPS05

📈 Trade Plan Summary • Entry Range: 316 to 332 • Target 1: 280 • Target 2: 250 • Stop Loss: 370 ⸻ 📉 Type of Trade: This appears to be a short (sell) position, since your targets are below the entry point. ⸻ ✅ Risk Management Check Let’s consider your worst-case entry (i.e., highest point in the range: 332) and best-case exit (Target 2 = 250): • Risk =...

DOCTOR_PIPS05

Current Price: ~$3,371 Trend: Currently breaking out of a downtrend channel, with a strong upward push. Chart Pattern: Price has formed a rounded bottom and is moving higher, indicating bullish momentum 🔼 Resistance Levels (Targets): 1. First Resistance / Target: ~3,404.54 – 3,403.61 → This is the first breakout target after crossing the trendline. 2. Final...

DOCTOR_PIPS05 Updated 

Based on the chart we provided (ETH/USD 1H from TradingView), here’s a technical analysis for potential Take Profit (TP) and Stop Loss (SL) levels: 🟢 Buy Setup Analysis (From the yellow demand/support zone) Entry Zone: Around $2,556 – $2,563 (current price zone and consolidation before projected breakout) Stop Loss (SL): Just below the yellow support...

DOCTOR_PIPS05

Current Price: $117,755 Trend: Recently bullish, now facing a potential correction Chart Pattern: Breakout above ascending channel, followed by a sharp projected correction. 🔍 Technical Breakdown: > Ascending Channel: Price was respecting an ascending channel (highlighted in green). A bullish breakout occurred with strong momentum. > Sharp Rejection &...

DOCTOR_PIPS05 Updated 

📊 Pattern & Structure: The chart shows a downward channel (falling wedge) pattern that has recently been broken to the upside, indicating a bullish breakout. The breakout is clean, with a sharp upward move, confirming the reversal from the bearish trend. 🔍 Key Levels Identified: Support Zone: 142.284 – 141.790 (marked with an orange box) This zone acted as...

DOCTOR_PIPS05

Market Structure: Current Price: 1.17057 The market has rejected a key resistance zone around 1.17600–1.17800 (highlighted in yellow). Price formed a lower high, suggesting bearish momentum is taking control after an uptrend. The pair is trading around a key trendline and Ichimoku cloud, with a likely break below. Bearish Signals: 1. Double Top / Lower High...

DOCTOR_PIPS05

Trade Setup (Buy Position): Entry Point: 3330 Target 1: 3380 Target 2: 3420 Stop Loss: 3290 Strategy Insight You’re targeting a +50 pip move to Target 1 and +90 pip move to Target 2. Risk is -40 pips from the entry (3330 → 3290). Risk-Reward Ratio: To Target 1: 1.25 : 1 To Target 2: 2.25 : 1 This is a moderately aggressive setup with a good reward potential.

DOCTOR_PIPS05

Sell Setup (Bearish Bias) Support: 3360 Entry Point (Sell): 3295 Target 1: 3260 Target 2: 3164 Suggested Stop Loss: Above 3360, e.g., 3380 depending on market structure. Summary: Price is expected to break below the 3360 support zone. Selling from 3295 aims to capture momentum down toward 3260 and 3164.

DOCTOR_PIPS05 Updated 

Based on the chart we provided, which shows a descending channel and a bearish pattern on Ethereum (ETH/USD) on the 1-hour timeframe, it seems like you're anticipating a breakdown from the channel support. The chart also shows a projected drop with a strong bearish move marked by a thick black arrow. Here are some potential Take Profit (TP) levels based on...

DOCTOR_PIPS05 Updated 

The chart you've shared for BTC/USD (1H timeframe) indicates a bullish outlook based on the following elements: Ascending Channels: Price moved within two rising channels, suggesting a bullish momentum. Support Zone: Marked by arrows, previous bounces suggest strong support near 102,200–102,300. Breakout and Pullback: Price appears to be forming a higher low,...

DOCTOR_PIPS05

I'm providing here (GBP/USD, 1-hour timeframe) Pattern Observation: The price tested a resistance zone around 1.33400 – 1.33550 multiple times (triple top). A potential bearish move is forecasted, as indicated by the drawn black and blue arrows. Ichimoku Cloud shows bearish pressure (price is under the cloud). Suggested Trade Setup: Trade Type: Sell...

DOCTOR_PIPS05

miraninaveed337: G Sijjad Zong: (XAUUSD, 1-hour timeframe) Sell Setup (Bearish Continuation from Channel Breakout) Entry (Sell): Around current price area: $3,190 Stop Loss: Just above the recent high or marked SL area: $3,263 Take Profit (TP) Levels: 1. TP1: $3,150 – conservative target based on recent support 2. TP2: $3,121 – matching the previous...

DOCTOR_PIPS05 Updated 

Based on the USD/JPY 4-hour chart we provided, the market is currently in an ascending channel. A recent dip from the upper boundary of the channel suggests a possible retracement before a bounce back up. The chart indicates a bullish continuation pattern with a projected move toward the top of the channel and a marked target around 148.725–148.855. Suggested Buy...