Get started

Chart Patterns

BUY USDCAD for bearish false breakout STOP LOSS : STOP LOSS BUY USDCAD for bearish false breakout STOP LOSS : STOP LOSS position is left opened ( am only closing this trade based on a candle stick pattern) First what is false breakout, A false breakout in Forex occurs when the price breaks through a key level (like support or resistance) but quickly reverses and returns to its original range, often trapping traders who were expecting a continuation of the breakout. It's essentially a false signal, indicating a potential trend reversal or continuation, but the price doesn't follow through.... Secondly what is divergence ,In forex trading, divergence occurs when the price of a currency pair moves in one direction, while a technical indicator (like an oscillator) moves in the opposite direction. This mismatch can signal a potential trend reversal or weakening trend. There are two main types: bullish and bearish divergence........ On this trade we are taking it because we saw regular bullish Divergence, Regular Bullish Divergence In case of Regular Bullish Divergence: * The Indicator shows Higher Lows * Actual Market Price shows Lower Lows We can see a strong divergence on the RSI already and There is a strong trend reversal on the daily time frame chart..... The daily time frame is showing strength of trend reversal from this strong level of Support so we are looking for the trend reversal and correction push from here ..... TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything Remember to risk only what you are comfortable with…….trading with the trend, patient and good risk management is the key to success here
Long
by BALE_FX
GBPAUD SELL TRADE PLAN📅 Date: May 06, 2025 🆔 Trade Plan: GBPAUD 📈 Trade Type: Intra-Day / Short-Term Swing 🔒 Format: Institutional OB + EQH Trap + Liquidity Sweep 🎯 Direction: SELL 📊 Confidence Score: ⭐⭐⭐⭐ (84%) 🧠 Bias Source: Structure + Liquidity + Order Flow 🧩 Market Context & Justification: Daily (D1): Maintains a bearish structure, LH/LL sequence Current bullish pullback remains corrective, not a structural shift H4: Strong bearish OB just under 2.0730 Price is reacting off a prior liquidity sweep + EQH Bearish BOS was formed earlier, confirming direction H4 demand below remains untapped, allowing clean downside room M30/M15: Clean internal liquidity buildup below 2.0600 Favorable for execution confirmation via engulfing or divergence 🟥 ENTRY ZONE (Primary Sell Zone): 🔻 2.0700 – 2.0730 Refined 50% of OB = 2.0712 Aligned with EQH + imbalance fill Expecting entry rejection within this band ❗ STOP LOSS: 🔺 2.0782 Above wick high + OB + 1.0x ATR buffer Adds protection against engineered stop hunts 🎯 TAKE PROFIT LEVELS: 🥇 TP1: 2.0600 (imbalance close + RR 2.0:1) 🥈 TP2: 2.0520 (H4 swing low + RR 3.5:1) 🥉 TP3: 2.0450 (D1 demand zone + RR 4.8:1) ⚙️ Execution Rules: ✅ Limit entry at 2.0710 or wait for M15 bearish engulfing confirmation ✅ Risk: 0.50% of total portfolio ✅ SL to BE after TP1 hit ✅ TP1 = 50%, TP2 = 30%, TP3 = 20% (trail) 🚫 Invalidation Criteria: H1 close above 2.0782 Break of structure to upside on M30 AUD macro or sentiment shifts (watch Iron Ore, risk flows) 📌 Plan Summary: Elite-level short setup into 2.0700–2.0730 with institutional OB + EQH inducement trap. Downside liquidity target aligned with structure and imbalance. High precision, not to be forced — confirmation or clean entry only. Risk remains capped.
Short
by jibkhan111
USDJPY D1 | Bullish Bounce Off 61.8%Based on the D1 chart analysis, the price is falling toward our buy entry level at 143.53, a pullback support that aligns with the 61.8 Fibonacci retracement. Our take profit is set at 145.49, an overlap resistance. The stop loss is placed at 141.61,a pullback support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by Tradu
Gold on expected upswingTechnical analysis: Nothing irregular at the moment on the Short-term as Gold (Xau-Usd Spot) continues to Trade on Buying extension taken from local Low's Bullish accumulation within #3,370’s zone with clear Resistance point, and Support levels / ready to deliver the breakout I was after. I highlighted many times recently that every / more serious decline may represent Buying accumulation towards new ATH's. The underlying Medium-term trend is still Bullish, so if the Intra-day Low breaks throughout today’s session, then I expect another run towards the #3,400.80 benchmark / Higher High's Upper zone and possible benchmark extension. One important difference though: the Hourly Moving Average broke and for the first time in #3 sessions Gold was testing it from below as a Resistance (this was needed to break again to comfort Buyers). However, if (November #4 - #9) / (January #1 - #6) (January #20 - #25) variance is yet to be repeated, Gold finished the same pattern (Trading on such configuration) and now should engage the aggressive decline once local High's are met. My position: My practical suggestion is to Buy every dip on Gold.
TVC:GOLDLong
by goldenBear88
EUR/CAD Price Analysis: Euro edges higher near 1.5600 as longer-The EUR/CAD pair ticked higher on Monday, trading around the 1.5600 area after the European session. While price action remained within the middle of the daily range, the pair showed signs of underlying strength, aligning with a broader bullish structure. Momentum signals remain mixed for now, though the longer-term trend bias continues to favor the euro over the loonie. Technically, the EUR/CAD setup holds a bullish tone despite some neutral momentum signals. The Relative Strength Index sits near 49, showing a balanced market, while the Moving Average Convergence Divergence leans bearish with a soft sell signal. The Awesome Oscillator is neutral, and the Bull Bear Power indicator suggests a slight bias toward buying pressure, offering mild confirmation of demand.
Long
by Alena-786
$MSFT AI & CLOUD COMPUTING GROWTHAs of March 12, 2025, Microsoft Corporation (MSFT) is trading at $383.08, reflecting a modest increase of 0.69% from the previous close. Despite recent market volatility affecting major technology stocks, several factors underscore a bullish outlook for Microsoft's stock: Microsoft continues to demonstrate strong financial health, maintaining robust cash flows and a solid balance sheet. This financial stability enables ongoing investments in research, development, and strategic acquisitions, positioning the company for sustained growth. Microsoft's significant investments in artificial intelligence, including its partnership with OpenAI, position it to capitalize on the growing enterprise demand for AI services. Analysts believe that the current stock price may undervalue Microsoft's strong fundamentals and potential in the AI market. Microsoft's extensive range of products and services, from its dominant position in desktop operating systems and productivity software to its growing cloud computing platform, provides multiple revenue streams. This diversification enhances the company's resilience against sector-specific downturns. Microsoft's position as a leader in the technology sector, coupled with its strong brand recognition, offers a competitive advantage. The company's ability to set industry trends and command premium pricing supports robust profit margins and market share. Microsoft's solid financial foundation, strategic investments in AI, diversified product portfolio, and strong brand equity contribute to a positive long-term outlook for MSFT stock.
NASDAQ:MSFTLong
by Smarter_Trades
Crude Oil 4h time frame , potential double bottom🛢️ WTI Crude Oil (WTI3!) 4H Chart Analysis – May 5, 2025 🧠 Technical Snapshot: Market Structure: Clear downtrend from late April into early May. Price recently found support at $54.38, a level that previously held as demand in early April. Current Price Action: Strong bullish reaction from the $54.38–54.16 zone. Breakout attempt forming a higher low after retesting the lows, suggesting a potential bullish reversal or range play. Trade Setup Observed: Entry: ~$56.08 Stop-Loss: ~$54.17 Take-Profit: ~$63.50 Risk-to-Reward: ≈ 1:3.5 — excellent setup from a reward perspective. 🔍 Bias: Bullish (Short-term to Mid-term Reversal) Why? Price bounced from key support zone where price also previously reversed in early April. Bullish engulfing candle suggests buyer interest. Entry aligned with a potential double-bottom formation. 📍 Key Technical Levels: Support: $54.38 (Major swing low support) $54.16 (Stop zone) Resistance: $63.50 (Major horizontal resistance zone) Above $63.50 = Potential trend reversal confirmation 🔔 Strategy Suggestion: A pullback entry toward $55.50–$56.00 may offer a better risk-adjusted entry. Close partial profits near $60.00 if momentum slows before final TP.
PYTH:WTI3!Long
by Forexbeats
Hellena | EUR/USD (4H): LONG to the resistance area 1.15878.Colleagues, I believe .that the five-wave movement is not over yet and another wave of upward movement is waiting for us. I believe that wave “4” has almost completed the correction or has already completed it. In any case, I consider the main target to be the resistance area at 1.15878, which is the minimum target and the top of wave “3”. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Long
by Hellena_Trade
27
$CHILLGUY/USDT ready for a massive pump to $0.15BYBIT:CHILLGUYUSDT has been showing bullish signs, and is earing up for a big bullish push. Having broken and retested the $0.045 resistance zone, and also a break out rom the bullish flag formed. I believe we are about to see a huge rally up to $0.15 region, but then some resistance zones should not be overlooked as price usual bounce off from such support & resistance zones. So prices is expected to push to; TP1: $0.063 TP2: $0.09 TP3: $0.15 Expect minor retracements along the way.
Long
by Kene247
Bearish reversal off overlap resistance?USTEC is rising towards the pivot and could reverse to the 1st support. Pivot: 20,418.65 1st Support: 19,265.30 1st Resistance: 21,137.24 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:USTECShort
by ICmarkets
2
Cardano: Buy Opportunity In The Making (Buy When Red)Retraces, even if these are very small, can be used as an opportunity to buy. Whenever the market turns red that is an opportunity in the making, because we are set to experience growth long-term. When the market is green, we either wait patiently or secure portions of profits. When the market turns red, that's the time to buy because as soon as the low is in (higher low always) what happens is the continuation of the initial and main move, the bullish wave. Cardano is red today but it was also red on the 30th of April, the 29 and so on. If you consider the chart closely, the action always fluctuates between green and red. Now, this red action won't last long so the opportunity within hours or days can be gone. » Any drops, corrections and retraces are an opportunity to buy-in, rebuy and reload. This is true for Cardano as it is true for Bitcoin and the rest of the Altcoins. Namaste.
Long
by MasterAnanda
1
EURUSD Channel Up favors buying but keep an eye on this.The EURUSD pair has been trading within a Channel Up pattern since the February 28 Low and its current Bearish Leg almost reached the 0.382 Fibonacci retracement level. That is where the previous Bearish Leg made a Higher Low (March 27) and rebounded. This keeps for now the bullish trend intact and it will remain so for as long as the price remains within the Channel Up. The short-term Target is the -0.236 Fib extension at 1.17500. If on the other hand it breaks below the Channel Up, be ready to take the small loss and sell towards the 1D MA200 (orange trend-line) at 1.08500, which is the level that supported the market on that previous March 27 Low. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
#EURAUD: Two Major Buying Zones|, Which One Are You In? Hey Everyone Following a substantial bullish candle, the price failed to maintain the bullish momentum and swiftly transitioned into a bearish position, effectively eradicating the bullish gain. Nevertheless, we remain optimistic that the price will retain its bullish trend in the upcoming weeks. We have identified two potential areas where price may reverse from either of the two zones. You are welcome to set take profit and stop loss orders based on your own investment strategy. It is advisable to closely monitor the prices before making any trading decisions. We extend our sincere best wishes and best of luck in your trading endeavours. Your unwavering support is greatly valued. If you wish to contribute, we have provided several avenues for your assistance: - Liking our ideas - Commenting on our ideas - Sharing our ideas Team Setupsfx_🚀❤️
Long
by Setupsfx_
10
Brent Crude Opens with a Bearish GapBrent Crude Opens with a Bearish Gap As shown on the XBR/USD chart, Brent crude oil opened this Monday morning around $59.00, forming a bearish gap relative to Friday’s closing price of approximately $61.40. The current Brent crude oil price is near the yearly low reached about a month ago, following the announcement of Trump’s tariffs, which turned out to be significantly higher than expected. Why Is Oil Falling? As we noted on 30 April, market participants are closely watching news related to OPEC+. Over the weekend, during an online meeting (according to media reports), the following developments occurred: → It was stated that the current oil market is fundamentally healthy; → A decision was made to accelerate the pace of oil production increases. According to the plan, output will rise by 411,000 barrels per day — with some believing this move is partly due to certain OPEC+ countries previously failing to adhere to production quotas. Technical Analysis of the XBR/USD Chart Oil price movements in 2025 form a descending channel (shown in red), with progressively lower highs and lows indicating bearish sentiment. Although bulls may hope that the lower boundary of the channel could act as support, bears are showing signs of dominance (as indicated by arrows): → the median line of the channel previously acted as resistance; → now, similar behaviour is seen at line Q, which divides the lower half of the channel into two quarters; → the Rounding Top pattern also signals strong selling pressure. Fundamentally, oil prices are supported by China’s willingness to negotiate tariffs with the US. However, considering the OPEC+ decision and ongoing fears of a global recession, the current downward channel on the Brent crude oil price chart is unlikely to lose relevance any time soon. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
FXOPEN:XBRUSD
by FXOpen
Fed interest rate suspense and tariff shockGiven the current heightened uncertainty, the implementation of tariff policies, rising inflation expectations, and declining household and business confidence, the market generally expects the Federal Reserve to keep its policy interest rate unchanged this week. Fed Chairman Powell may hint that he is not in a hurry to cut interest rates, and mentioned that tariffs will push up inflation and drag down economic growth. With the implementation of tariffs, inflation will rise significantly in the coming months, and the US economy may fall into a mild recession in the second half of the year, with economic activity and employment likely to shrink in the third and fourth quarters. In terms of gold, yesterday the lowest fell to 3305 and began to stabilize and rise. It closed at 3334. The daily line closed with a big positive column. Gold opened slightly with a slight correction of 3323 and began to stabilize and rise. Asian gold once again made a strong effort to rise to the highest position of 3386. The current lowest is 3353. It is currently at noon. It is hovering at 3365, and the overall trend is strong, but the excessive rise seems to reserve rhythm space for the next European and American trading. Be careful with short covering. The current upper resistance is at 3372-3377, and the lower support is at 3324-3317. In terms of operation, it is recommended to rebound and short. Operation strategy 1: It is recommended to short on the rebound at 3372-3377, stop loss at 3382, and the target is 3350-3325.
OANDA:XAUUSDShort
by MariaLee66
The same repeat as 4 April 2022The market seems to be recovering and more and more positive ideas are emerging. However, on a weekly timeframe, the NDX appears to be forming a pattern very similar to what we saw at the end of 2021. Even the RSI shows remarkably similar levels. Personally, I’m staying cautious. I haven’t taken a position yet, but I’m ready to buy in on the next significant dip. I’ve set my alert around 14,500 – let’s hope we reach that level again. 😉 What are your thoughts on this? Feel free to share your opinion!
NASDAQ:NDXShort
by Stockbuzzr