Chart Patterns
GBP/JPY - OTE Entry SetupHi all,
This is a strong OTE setup. Can possibly look for small buy setups into this OTE zone to then sell from. This is a strong sell setup with Buy side Liquidity yet to be swept.
Once Liquidity has been swept IM looking at the following marked out targets. Price has a high chance to sell of hard
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US30: Local Bearish Bias! Short!
My dear friends,
Today we will analyse US30 together☺️
The market is at an inflection zone and price has now reached an area around 41,170 where previous reversals or breakouts have occurred. And a price reaction that we are seeing on multiple timeframes here could signal the next move down so we can enter on confirmation, and target the next key level of 41,039..Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️
ETHEREUM: Will Go Up! Long!
My dear friends,
Today we will analyse ETHEREUM together☺️
The price is near a wide key level
and the pair is approaching a significant decision level of 1801$ Therefore, a strong bullish reaction here could determine the next move up.We will watch for a confirmation candle, and then target the next key level of 1810$ Recommend Stop-loss is beyond the current level.
❤️Sending you lots of Love and Hugs❤️
Gold breaks through 3350. Can the bullish pattern continue?In the early Asian session, gold rose rapidly and broke through the 3350 resistance level predicted by Quaid.
Fundamental analysis:
US political developments also add uncertainty to the market. The Trump administration's decision to impose a 100% tariff on imported films shocked the market, and this unpredictable trade policy weakened market confidence. Although the dollar was supported by strong employment data, it still struggled to gain substantial upward momentum, which further supported gold prices.
Economic uncertainty also boosted gold prices. The market generally expects the Federal Reserve to start a rate cut cycle in the near future, which weakens the attractiveness of interest-bearing assets and increases the relative value of non-yielding gold. However, many traders remain cautious and avoid building large positions, waiting for clearer policy signals.
Technical analysis interpretation:
From the monthly chart analysis, gold breaking through the neckline becomes a key trigger point. The pattern measures the depth from the neckline to the bottom of the head and projects it upward, giving a target price range of $3200-3300, which has now been achieved.
In addition, the pattern is not only technically strong, but also psychologically significant. A breakout after a long period of consolidation often attracts new long-term market participants and speculators.
Market Observation:
Current market sentiment is cautiously optimistic. On the one hand, macro uncertainty and risk aversion demand drive funds to the gold market; on the other hand, concerns about the timing and magnitude of the Fed's policy adjustments restrict the willingness of some bulls to take risks.
Quaid Analysis:
Bull Outlook
After the gold price breaks through the 3350 resistance level I predicted, the next target range may point to 3380-3400.
Short Outlook
In the short term, gold may face technical pullback pressure. The main support levels are at 3330 and 3300. If it falls below 3300, it may trigger a deeper pullback to around 3240.
Quaid believes that the market's expectations for the Fed's shift may be too optimistic. If future data show that inflationary pressure remains stubborn or economic resilience exceeds expectations, it may lead to a delay in expectations for rate cuts, thereby putting pressure on gold prices.
Gold (XAUUSD) – Triangle Breakout | 1H Chart | Trade ActiveTechnical Analysis:
Gold has broken out of a symmetrical triangle pattern on the 1-hour chart, signaling a potential bullish continuation. The breakout above the resistance trendline confirms buyer momentum, supported by a strong impulse candle. The previous bearish move has now reversed, and price is testing the breakout zone.
Pattern: Symmetrical Triangle
Breakout Direction: Bullish
Entry Zone: Above 3,280 breakout area
Target: 3,360–3,380 short-term, with extended resistance near 3,400
Support: 3,280 (retest zone)
Risk: Failure to hold above 3,280 may invalidate breakout
Fundamental View:
Gold remains supported by weaker USD, ongoing global risk concerns, and expectations of easing Fed policy. These factors enhance safe-haven appeal, providing bullish momentum.
Trend: Bullish
Status: Trade Active – watching for continuation or retest bounce.
Call to Action:
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NOTE: This is not financial advice. Trade at your own risk.
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Important Level TDOC touched a key level again and recently appeared to have a fake out. It is consolidating and if it breaks this consolidaton downward it can make new lows. We need a break from the parallel structure upward around 7.33 and then a break from the blue 10 EMA for some bullish action.
PYTH/USDTPyth has completed a bullish butterfly harmonic pattern and is now showing the beginnings of an inverse head and shoulders.
Given its distance to any local support or resistance this is a very high risk trade, however this is likely the zone where this coin will find its bottom due to it being at the all time .886 of the TGE candle.
Trade safely.
WedgePrice is 23.36 facing resistance from the 10 EMA(blue)and the 50 EMA(purple), the last fully printed candle is a small body with a longer upper shadow. Price is also consolidating inside a Demand Zone. In addition, the closing prices of the candles have formed an inverse head and shoulders inside a falling wedge. We need a break past the EMAs and Higher Highs and Higher Lows past 25.07 for some good bullish action, if rejection at the EMA's ,we might see fall back to the 20.00 price range or lower.
SPX 1st rejection1st rejection of last week's close. I say mark the zone and be cautious. Key levels will be targets (daily hi & lo minimum). If your hit targets, take profit. when aiming above, take the trade from a support level or specific candle shift.
Again... FOMC Wed 5/7. Will update my thoughts daily this week.
Tue 6th May 2025 GBP/JPY Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/JPY Sell. Enjoy the day all. Cheers. Jim
Tue 6th May 2025 BTC/USD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a BTC/USD Sell. Enjoy the day all. Cheers. Jim
Gold caught me today📊 Gold Watch – Key Zones to Mark Up 🔥
Taking a closer look at XAU/USD – here’s what I’m watching 👇
🟠 Bearish OB Zones
🔹 3345 (4hr) / 3348 (2hr)
This is my marked sell zone – lots of structure here worth noting.
⚠️ Resistance at 3366 has been hit multiple times — caution advised!
✅ If I take the entry, it’ll be with smaller lots, SL around 3354 (where that last rejection wick formed).
Break above 3354 could push us back into that previous resistance zone.
📉 Price just bounced off a bullish FVG (valid support area from April 24) — signs are pointing towards a move up to the OB & sell zone.
💥 Premium Sell Zone: 3366–3378
This is the same level we saw a 300+ pip rejection from recently — high confluence, strong reversal potential.
🔍 These are my main zones for tomorrow — I’ll be patient and only enter with confirmation. No forced trades.
📸 Will drop the TradingView chart + trade idea soon to match this breakdown.
🙌 If you’re watching Gold too, drop a 👍 or 👎 — let’s see who’s bearish vs bullish. Always appreciate the feedback!
#GoldAnalysis #XAUUSD #SmartMoneyConcepts #TradingView #ForexCommunity #PriceAction
Session Realtime BarJust an idea for better visuals, use 2 of the SessionBar indicator on the chart use the spacing setup with the active bar to the left of the overnight bar in the other indicator...
One indicator for the Active Session Bar: indicating the current session bar.
2nd indicator for the Overnight Session Bar: indicating the overnight session bar.
TSLA looks tired295 is seemingly the tough level. I was just praising TSLA for turning slightly bullish too. We rejected pretty hard Fri 5/2.
<285, 280, 275, 270... may even take out 265. I definitely think that TSLA is trying to hold the range and not breakdown. Stay conscious of each level if you are playing it and take profit.
FOMC Wed 5/7. I think that may determine a lot of opportunities for end of week.