Jack-Mastermind

Jack-Mastermind Updated 

Price action has delivered a textbook bullish breakout after forming a strong double bottom around early April, signaling a shift in market sentiment. Following that, the price consolidated in a tight range before decisively breaking out, marking the start of a new bullish structure. Key Technical Highlights Parallel Channel The downtrend was well-respected...

Jack-Mastermind Updated 

Overview: Price has successfully broken out of a long period of consolidation, pushing above the descending trend line and showing strong bullish momentum. We're now observing a retest of the breakout zone, which is acting as support around 3,378 – 3,365 USD. Key Observations: Consolidation Phase: Price was range-bound for several days, creating a strong...

Jack-Mastermind

ETH has been trading within a clear consolidation range following a sharp downward move in early April. This sideways structure suggests the market is gathering momentum for its next big move. Let's break down the key elements on this chart: Current Structure: ETH has been consolidating between ~0.01836 support and ~0.01989 resistance. Price has shown strong...

Jack-Mastermind

After a strong bullish recovery, USDT recently entered a consolidation phase near the $2.30 region, forming a clear distribution zone. Price has now broken below the lower boundary of the consolidation and the ascending parallel channel, signaling potential bearish continuation. Key Technical Insights: Break of structure at $2.0988 confirms selling...

Jack-Mastermind Updated 

We’re currently watching a well-defined c onsolidation zone after a sustained downtrend on this USDCAD pair. Key Observations: Trend Line Break: Initial strong downtrend followed by a break of the trend line, showing a potential shift in momentum. Consolidation Zone: Price has been ranging between ~1.38616 ( resistance and 1.38122 ( support) for several...

Jack-Mastermind Updated 

Chart Breakdown: The chart illustrates a clear breakout scenario following a prolonged consolidation phase marked in the beige box. After multiple failed attempts to break the descending trendline, the price action finally surged above it, indicating a strong shift in market structure. Key Highlights: Consolidation Zone: Price traded sideways for several...

Jack-Mastermind

The EURAUD is currently respecting a well-defined parallel downtrend channel, with price consistently making lower highs and lower lows. Recently, we saw a consolidation phase that ended with a bearish breakout. Key Levels to Watch: Resistance-turned-support at 1.76582 – now acting as a ceiling. Immediate support at 1.74481. Further downside targets:...

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After a strong bullish run, the market reached a peak and entered a consolidation phase, marked by sideways movement and reduced momentum. This was followed by a break of structure and a clear trend line violation, signaling a shift in momentum from bullish to bearish. Key Observations: Consolidation Zone: Price ranged within a horizontal channel before...

Jack-Mastermind Updated 

GBPJPY Bullish Momentum: Trade Setup & Price Forecast The GBPJPY is showing strong signs of bullish momentum, with technical patterns aligning for a potential breakout. Here's a detailed breakdown of the current market structure, trade plan, and key levels to watch: Technical Outlook The pair is currently in a train line consolidation phase, hinting at an...

Jack-Mastermind Updated 

After weeks of sideways movement price has finally broken above the consolidation range near the 88,293 level signaling a potential shift in market sentiment Key Observations Support Zone The market found strong support around the 78,479 level multiple times forming a solid base Trendline Break A descending trendline was respected until early April when price...

Jack-Mastermind Updated 

Price action has followed a well-defined structure recently, providing several opportunities for analysis and potential setups. We initially saw a pullback after a period of sideways movement, followed by a strong bullish move that led to a new high. This was followed by a consolidation phase, where the market took a breather before continuing upward. After the...

Jack-Mastermind Updated 

XAUUSD PRICE FORECAST – BEARISH MOVE INCOMING Gold is showing signs of strong consolidation, and all indicators are pointing toward a bearish breakout. Watch the trendline closely—this could be the golden setup you've been waiting for! Retest Entry 3377 Entry Level: 3344 1st Target: 3290 2nd Target: 3247 Final Target: 3200 Price is consolidating near...

Jack-Mastermind

The EUR/USD pair is showing signs of consolidation, hinting at a potential bearish move on the horizon. Here’s what to watch: Market Structure: Consolidation Phase suggests a build-up before a sharp move. Price likely to retest the Entry Zone: 1.14120, confirming resistance before dropping. Trade Setup: Entry Level: 1.13300 Target Level: 1.09556 Stop Loss: Based...

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Price action on the JPY chart shows a breakout from a significant downtrend, with recent bullish momentum testing the 141.760 resistance. After a long period of consolidation, the market seems ready for a potential upside rally. Key Highlights: Breakout from the parallel channel and test of a previous consolidation range. Price retesting the support zone...

Jack-Mastermind Updated 

GBP/USD Bullish breakout Incoming Get Ready for a Big Move – Here's the Game Plan The British Pound is showing serious strength against the US Dollar, and the charts are speaking loud and clear. We’re locked into a Parallel Channel Consolidation, and momentum is building for a powerful bullish breakout. Support Zone: 1.32550 – 1.32160 (Watch this area closely...

Jack-Mastermind Updated 

BTC/USD Price Forecast – Bullish Breakout in Play! Market Overview: Bitcoin (BTC/USD) is showing strong bullish momentum following a Parallel Channel Consolidation Breakout on the 4H chart. After several days of sideways movement, BTC has finally made a decisive move to the upside, signaling the potential for a sustained rally. Technical Setup: Entry Level:...

Jack-Mastermind Updated 

XAUUSD TRADE IDEA – GOLD HEADING HIGHER? Gold is showing signs of strength after a clean consolidation phase. Eyes on the BUY side as price prepares for the next leg up. Market Structure: Pullback in motion Support zone forming Bullish momentum building KEY LEVELS TO WATCH: Support Zone: $3309 – $3290 Entry: $3327 (confirmed breakout or support...

Jack-Mastermind Updated 

SOLUSDT Price Forecast – backside Momentum Ahead! Chart Pattern: Consolidation in a Parallel Channel Key Resistance: Holding strong at the top of the channel Entry Level: 126.50 (Watch for confirmation!) Bearish Targets: Target 1: 111.60 Target 2: 103.40 Final Target: 95.20 Risk Management is Key! Use a tight stop loss Follow your trading plan Stay...