The JPY/USD 1-hour chart is displaying a well-defined falling wedge pattern, which is typically a bullish reversal setup. This pattern forms as price action moves within converging trendlines, indicating that selling pressure is gradually weakening. The breakout from this pattern signals a potential trend reversal, and the price may be heading toward key resistance zones and an eventual bullish target. This analysis will break down the chart structure, market psychology, key levels, and a trading setup to help traders make an informed decision. 1. Understanding the Falling Wedge Pattern The falling wedge is a common price action pattern characterized by: ? Lower highs and lower lows forming within two downward-sloping trendlines. ? Decreasing volume, indicating that sellers are losing momentum. ? A breakout above the upper trendline, confirming a shift in trend and signaling the start of bullish momentum. Market Psychology Behind the Wedge Pattern: ? During the wedge formation, the market is in a downtrend, and sellers are in control. However, with each new lower low, the price finds strong support, and buyers start stepping in. ? As the wedge narrows, the downward momentum weakens, and sellers struggle to push the price lower. Eventually, demand exceeds supply, leading to a breakout to the upside, which is exactly what we see on this chart. 2. Key Levels & Market Structure ? Support Zone & Reversal Area: The support zone between 0.006660 - 0.006680 acted as a strong demand area, preventing further downside. This is also labeled as a reversal area, meaning buyers were aggressive in this zone. The final touch at this support led to a strong bounce, initiating the breakout. ? Resistance Level: The price is now approaching a key resistance area at 0.006780 - 0.006800, which previously acted as a supply zone. A break and retest of this level would further confirm bullish momentum. ? All-Time High (ATH) & Target Level: The ATH region is marked on the chart as a historical resistance level where price faced strong selling pressure before. If the current breakout holds, price action could aim for the 0.006851 target level, completing the measured move from the wedge pattern. 3. Trading Strategy & Execution Plan ? Entry Strategy: There are two main ways to enter this trade: 1️⃣ Aggressive Entry: Enter immediately after the breakout above the falling wedge. 2️⃣ Conservative Entry: Wait for a breakout AND retest of the previous resistance turned support (0.006780 zone) before entering long. ? Stop-Loss Placement: To manage risk, traders should consider placing stop-loss orders: Below the previous support zone (0.006660) to minimize downside risk. Alternatively, below the wedge breakout point if using a tight stop-loss. ? Take-Profit Targets: 1️⃣ First Target: 0.006780 (near-term resistance level). 2️⃣ Final Target: 0.006851 (based on wedge breakout projection). 4. Confirmation & Risk Management ? Key Confirmation Factors for a Strong Breakout: ✅ Price breaks above the falling wedge with strong bullish candles. ✅ Volume increases, showing strong buying interest. ✅ RSI or other momentum indicators confirm bullish divergence. ⚠️ Potential Risks to Consider: False Breakout: If price falls back inside the wedge, this could invalidate the bullish setup. Rejection at Resistance: If buyers fail to push price above the 0.006780 resistance, it could lead to another consolidation. 5. Final Thoughts & Trading Outlook ? This JPY/USD chart presents a high-probability bullish setup due to the breakout from a falling wedge pattern. ? The breakout, strong support zone, and bullish price action indicate further upside potential. ? Risk management is key—waiting for confirmation can increase the probability of success. ? Final Verdict: Bullish Bias – Watching for Retest & Continuation to Target! ?
Crude oil has developed the upswing having hit the neckline of cup-and-handle formation. Currently, the price action is muted, but should the price come to test this area again, it might develop the upswing with a target of $70, as it is still considered a fair price from a supply/demand point of view. OPEC+ has announced plans for several member countries to reduce output by between 189,000 and 435,000 barrels per day until June 2026 to address previous overproduction and tighten supply, so that’s a bullish factor. Demand from China has slightly decreased, but the situation looks balanced for now and technical factor would probably dominate the action.
Gold has been the biggest runner in Q1, 2025, pulling in much capital from institutional investors, which was seen in a form of growing open interest for GC futures and increasing net position of commercial traders in Commitment of traders report. Technically, it might have reached the problematic area for growth: the upper boundary of the Bollinger Bands indicator, with the price action being exhausted at $3050 area. Price is locked in a narrow coil on the 4-hour chart - a small head-and-shoulders formation: should the price retest the middle area of this formation and fails to proceed higher, it might give a decent opportunity for a short position with a limited risk. Though, it’s a counter-trend situation, so be careful and protect your position at all times!
Analysis on screen. I think this can be a very profitable trade is we break structure on the smaller timeframes earlier next week. If this pattern does come to light we can sell at the right shoulder too
Key Observations: Descending Wedge Breakout: BTC has been trading within a descending wedge pattern, which is typically a bullish reversal formation. The price has now broken above the wedge, signaling potential upside momentum. Buy Setup: A buy entry is marked around $83,900 - $85,000. The stop-loss is placed near $79,154 - $80,000, just below the previous support. The target is set at $90,126, aligning with a key resistance level. Trade Strategy: Bullish case: If BTC sustains above the breakout level, it could rally toward $90,000+, offering a strong risk-reward opportunity. Bearish case: If BTC falls back below $83,305, it may invalidate the bullish breakout and revisit lower support. Conclusion: This setup suggests bullish potential with a favorable risk-to-reward ratio. Traders should monitor BTC’s reaction at the buy zone and adjust their stop-loss accordingly.
"By analyzing the one-hour structure of gold, I think the price will touch the FVG H1 at $3040 and then start dropping, sweeping the liquidity of the lows."
Technicals say strong sell. Fundamentals say strong by. Maybe a little bounce here? Stop is just below a recent close, a little below 300 and the MA. Conservative target. r/r is >1:1.
XAUUSD (Gold) 1H Analysis – Head and Shoulders Breakdown Chart Pattern Analysis: The chart displays a Head and Shoulders pattern, a classic bearish reversal structure. The left shoulder, head, and right shoulder are clearly labeled, confirming the formation. Price has broken below the neckline, signaling potential further downside movement. Support and Resistance Levels: The breakdown target is measured from the head to the neckline, which suggests a further decline. Immediate support: Around 3,000 – 3,010 zone (psychological level and prior structure). Resistance: 3,035 – 3,050 (previous highs and right shoulder area). Volume & RSI Analysis: Volume increased slightly on the breakdown, confirming selling pressure. RSI is at 40.22, indicating bearish momentum but not yet oversold, meaning there could be more downside before a bounce. Trade Considerations: ? Bearish bias as long as price stays below the neckline. ? Potential targets: 3,000 – 2,980 zone. ⚠️ Watch for a retest of the neckline (potential short entry if rejection occurs). ? If price reclaims the neckline, invalidation of the bearish setup is possible.
Sell after bearish candle stick pattern, buy after bullish candle stick pattern.... Best bullish pattern , engulfing candle or green hammer Best bearish pattern , engulfing candle or red shooting star NOTE: IF YOU CAN'T SEE ANY OF TOP PATTERN IN THE ZONE DO NOT ENTER Stop lost before pattern R/R %1/%3 Trade in 5 Min Timeframe, use signals for scalping
?Since the day before yesterday, I've been sincerely inviting everyone to watch the bear dance.Gold has decisively broken below the recent support zone at 3030-3026 and extended its decline to around 3021. Based on this price action, two key conclusions can be drawn: 1. 3057 is now confirmed as the current high. 2. Gold has successfully formed a head and shoulders pattern in the short term. ?This indicates that bearish momentum remains strong and far from exhausted. Under the pressure of structural resistance, gold is likely to continue testing lower support levels around 3010-3000, with a possible extension toward 2995. ?Trade Idea: Xauusd: Sell at 3035-3045 TP:3015-3005 SL:Adjust according to risk tolerance. ?Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals