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Candlestick Analysis

3300 becomes the dividing line between long and short positions🗞News side: 1. The situation in the Middle East and between Russia and Ukraine has escalated again 2. Pay attention to the opening of US stocks today 📈Technical aspects: Good morning, bros. Gold is currently testing the important support of 3300. Once it falls below 3300, it can be officially confirmed that the correction trend is coming. Today's opening of the U.S. stock market is critical. If the U.S. stock market opens higher, it is very likely to pull down gold prices. The stable operation suggestion for the day is to go long when it retreats to 3295-3290, and then rely on the upper side of the previous low point for protection, that is, look at the vicinity of 3325-3330. If it encounters resistance and pressure near 3330-3340, you can consider entering a short position and continue to be bearish. At present, the first focus below is the support of 3290-3280. If it continues to fall, it may touch the 3266 line. If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices. OANDA:XAUUSD FX:XAUUSD TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD
OANDA:XAUUSDShort
by AllenBoswell
AudCad..PWL taken!!Good day traders, I’m back with another setup on AudCad and I like that previous week low was taken. We can now look at the power of 3 with higher TF in mind. On the 4H TF price has been bearish but we can see that price left very “smooth” highs(relative equal highs) but ICT teaches us that price will always go back to make the smooth highs, smooth cries(liquidity sweep). Before price took our low it left a FVG that’s we wanna see turn into an inverse. The first target has to be our internal liquidity than the external liquidity that also has relatively equal highs too.
Long
by FxPipMaster_TebohoMatla
1
The mouth can't drive gold up 💡Message Strategy US President Trump announced that the deadline for EU trade negotiations will be extended to July 9, and at the same time withdrew the threat of a 50% tariff on EU goods originally scheduled for June 1. This decision marks a phased easing of US-EU trade tensions, leading to a significant cooling of market risk aversion. The statement of European Commission President Ursula von der Leyen revealed the key reason for the extension: "The EU needs more time to reach a comprehensive agreement that is beneficial to both sides." It is worth noting that just three days ago on May 23, Trump also threatened to impose high tariffs on EU cars and other goods in a tough manner, and even considered wielding the tariff stick against iPhones produced outside the United States. These remarks pushed the gold price up more than 2% in a single day. 📊Technical aspects At present, the direction of gold is only a correction and decline. The market is not driven by words. The idea of ​​gold trend that has been emphasized last week is to pull back to high altitudes. Facts have proved that gold cannot break through the high pressure position. All the news is filled with the atmosphere of gold rising. The truth is often in the hands of a few people. We should correctly judge the changes in the market and not blindly follow them. 💰 Strategy Package Short Position：3340-3350,3360-3370
OANDA:XAUUSDShort
by TheodoreSilas
1
Failed Wedge, New Setup. Is SUI About to Break Out?In my previous post about BYBIT:SUIUSDT , I mentioned a potential falling wedge pattern. However, the breakout above the 4.0040 resistance turned out to be a false breakout, and the price eventually dropped to the invalidation level at 3.5868. This made the setup invalid. But despite the failed wedge breakout, BYBIT:SUIUSDT remains in a bullish trend overall. During the current consolidation, the price appears to be forming a new bullish pattern — a Descending Broadening Wedge (DBW). This pattern typically starts with low volatility and gradually widens. Once price reaches its lower boundary, it often experiences a strong breakout to the upside. Let’s break down the key price action in this DBW setup: Price is moving within a Descending Broadening Wedge and is currently near the lower boundary of the pattern. It’s also sitting around a key support level at 3.4833. A rejection candle formed right at 3.4833, showing the market’s response to this support area. A reversal confirmation would come if the price breaks above 3.6102. A bullish divergence is also visible — price is forming lower lows, while the stochastic indicator is forming higher lows. Based on these five price action signals, it seems that buyers are still in control, even though short-term volatility has created a series of lower lows. That’s why I still believe BINANCE:SUIUSDT has more room to go up. What’s your take on this?
Long
by EkyFabyanto
3
MarketBreakdown | USDJPY, US100, BITCOIN, GBPJPY Here are the updates & outlook for multiple instruments in my watch list. 1️⃣ #USDJPY 4H time frame 🇺🇸🇯🇵 I see a strong bullish reaction to a key daily/intraday horizontal support. A formation of a high momentum bullish candle and a violation of a resistance line of a bullish flag indicate a highly probable rise to higher levels. 2️⃣ #US100 #NASDAQ Index 4H time frame I spotted one more bullish flag on US100. Its resistance was violated yesterday and we already see a strong buying interest. I think that the market will rise more, at least to a current local high. 3️⃣ #BITCOIN #BTCUSD daily time frame The price nicely respected a confluence zone based on a rising trend line and a recently broken horizontal structure. Probabilities will be high that the market will continue rising from that. 4️⃣ #GBPJPY daily time frame 🇬🇧🇯🇵 The price nicely respected a solid rising trend line. I see a breakout attempt of a minor daily horizontal resistance. IF a daily candle closes above that, it will provide a strong bullish confirmation. Do you agree with my market breakdown? ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by VasilyTrader
1
NEM SHORT IDEANEM Insurance stock is ready to have a drop. There's a bearish divergence signal from the awesome oscillator showing that there's a high tendency for the price of the stock to drop as much as to 11.65 and below that value. Any value below 11.50 is the discount level where there can be a potential for the next long opportunity. Looking at the past data, some patterns were revealed. In September 2016, there was a bearish divergence signal and the price dropped from around 3.71 to around around 1.51. Likewise, in September 2022, there was a bearish divergence and the price dropped from around 5.65 to around 3.71. Similar pattern is what is repeating itself showing that there's a higher probability that the price dropped into the discount level. For an investor holding this stock, this maybe a signal to sell and wait for another long opportunity. For a trader, it's an opportunity to short the stock, targeting the discount price around 11.65. Confluences for the short signal: 1. Price is showing higher high while awesome oscillator is showing lower high indicating bearish divergence. 2. When similar patterns occured in the past, price dropped into the discount level. 3. A bearish engulfing candlestick had been formed showing that price is likely going to drop further. Disclaimer: This is not a financial advice. The outcome maybe different from the projection. If you can't accept the risk, don't take the signal.
NSENG:NEMShort
by KofTFx
GBPAUD…being the best is a mindset!!Good day traders, I am back again with another great setup and again another opportunity to learn something new. On the daily TF on GBpAUD we still in a bearish structure and if we use the 2022 model, we had a structure shift lower and now that price is retesting the OTE entry levels we can now expect price to shoot lower, before you asked about the recent FVG on 4H TF. That newly formed BISI is that candle that created the BPR and from what I’ve learned is that price normally shoots past BPR’s. My poll of liquidity is resting below(weekly), that Ray line makes weekly represents previous week’s low which we want to see the market get to. Just on top of that ray line we have a FVG that price left open, we also wanna see price fill that FVG fully.
Short
by FxPipMaster_TebohoMatla
3
Why EUR vs GBP Could Be Your Best Trade This Week!When it comes to forex swing trading or even forex intraday trading, the temptation to zoom into lower timeframes—like the 15-minute or 1-hour charts—is strong. Most forex traders focus on short-term momentum, often diving into scalping strategies that chase quick pips. However, the real edge lies where most don’t look: the higher timeframes, particularly the weekly chart. The EUR/GBP forex pair is a perfect example of these higher timeframes' power, especially when paired with smart money concepts like demand and supply imbalances. EUR/GBP: A Hidden Gem for Forex Swing Traders The EUR/GBP Forex cross pair is often overlooked compared to major USD-based pairs. However, for seasoned swing traders and institutional players, EUR/GBP offers deep liquidity, cleaner technical analysis and price action structures, and strong reaction zones that are respected time and time again. At the end of May 2025, a significant weekly demand imbalance at 0.8384 finally took control of price action—something smart money traders had been anticipating for months. This wasn't a surprise for those watching the higher timeframes. Similar to how the previous weekly imbalance at 0.8299 took control in February 2025, these zones have proven critical in guiding the medium- to long-term direction of EUR/GBP.
Long
by AlfonsoMoreno
How to plan for gold price box fluctuations🗞News side: 1. The situation between Russia and Ukraine escalated again 2. Israel in the Gaza Strip was once again criticized by the international community 📈Technical aspects: After gold opened lower today, it fell into a small box-shaped shock in the short term. It seems that the situation in Russia and Ukraine and the Middle East over the weekend did not have further impact on the gold price. The gold daily level closed with a positive line again, injecting new vitality into the trading space last week. These two rounds of rise not only successfully crossed the resistance level of 3250 last Monday, but also further broke through the suppression of 3320, showing a clear upward trend. The current volatility is more like a correction after breaking through the previous high! Last Friday, the price failed to break through the 3370 line several times and encountered resistance continuously, which shows that the pressure from above is still relatively strong! Due to the particularity of today's market trading, the technical side of the hourly chart shows a downward trend. The European session temporarily focuses on the 3350-3355 line resistance, and the 3330-3320 support is seen below. If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices. FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD FX:XAUUSD OANDA:XAUUSD
OANDA:XAUUSDShort
by AllenBoswell
USD/CHF: Ducks in a Row for a Dive Below .8200?USD/CHF is teetering on .8200 horizontal support, with a break of the level opening the door for a move towards the April low at .8040. With price and momentum indicators both trending lower, and Friday’s bearish engulfing candle warning of further dollar weakness, the ducks appear to be lining up for downside near term. If the price breaks .8200 and holds there, consider initiating shorts with a stop above the level for protection. .8100 and .8040 screen as potential targets. Good luck! DS
Short
by FOREXcom
Short trade 🟥 Sell-side Trade Log 📉 Pair: SHIB/USDT 🏷️ Type: Intraday | LND Session AM 🧠 Setup: Liquidity Sweep & Breakdown 📅 Date: Sunday, 26th May 2025 🕗 Time: LND Session AM 🔹 Entry Price: 0.00001433 🔹 Profit Target: 0.00001401 (+2.23%) 🔹 Stop Loss: 0.00001440 (-0.49%) 🔹 Risk-Reward Ratio: 4.57 🔍 Reasoning: A New York session high was swept during the Tokyo session, triggering a liquidity trap. This was quickly followed by strong sell-side pressure, validating the setup for a lower low. The LND session entry capitalised on directional momentum as market structure broke to the downside
Short
by davidjulien369
Short trade 🟥 Sell-side Trade Log 📉 Pair: BONK/USDT 🏷️ Type: Intraday | LND Session AM 🧠 Setup: Breakout 📅 Date: Sunday, 26th May 2025 🔹 Entry Price: 0.00001992 🔹 Profit Target: 0.00001908 (+4.22%) 🔹 Stop Loss: 0.00002007 (-0.75%) 🔹 Risk-Reward Ratio: 5.60 🔍 Reasoning: This breakout trade was initiated after BONK/USDT failed to sustain its rally and formed a lower high structure. The price broke below a key intraday support zone during the LND AM session, signalling a shift in directional order flow.
Short
by davidjulien369