OANDA:USDCHF In this video, I’ll be sharing my analysis of USDCHF, using FXAN's proprietary algo indicators with my unique Heikin Ashi strategy. I’ll walk you through the reasoning behind my trade setup and highlight key areas where I’m anticipating potential opportunities. I’m always happy to receive any feedback. Like, share and comment! ❤️ Thank you for watching my videos! ?
In this update we review the recent price action in the US Treasury Bonds, The US 10yr yield & the USDJPY and identify the next high-probability trade setups and price targets. To reivew today's video analysis click here!
? Overview of the Chart The chart illustrates a classic Rising Wedge pattern that has broken down, signaling a potential bearish continuation. The price action respected technical structures, including support and resistance levels, trendlines, and key psychological zones. The breakdown of the rising wedge led to a sharp decline, followed by a retest of the previous support as resistance, confirming further downside momentum. Traders analyzing this setup can identify clear entry points, stop-loss placements, and target objectives based on price action behavior. ? 1️⃣ Understanding the Rising Wedge Pattern A Rising Wedge is a bearish pattern that forms when price moves upward within converging trendlines. It indicates that buying momentum is slowing, and a potential reversal or breakdown is imminent. ✔ Characteristics of the Rising Wedge on This Chart: ? Higher Highs and Higher Lows: The price was trending upwards, but the narrowing structure indicated exhaustion. ? Decreasing Momentum: Volume likely started declining as the price approached resistance. ? Bearish Breakdown: Price broke below the lower trendline, confirming the pattern’s bearish nature. ? What Happened Next? The price dropped sharply after the wedge breakdown. A retest of the broken trendline acted as a confirmation of resistance. The downtrend continued, targeting a lower support level. ? 2️⃣ Key Support & Resistance Levels ? Major Resistance – 34.27 USD (All-Time High & Supply Zone) This level served as a strong supply zone, rejecting multiple bullish attempts. Price struggled to break this level, leading to a sell-off. The stop-loss for short trades is placed above this zone to minimize risk. ? Support Level – 32.80 USD (Previous Support Turned Resistance) This was a key support zone before the wedge breakdown. Once broken, price retested this level and faced rejection, confirming a trend shift. ⚫ Trendline Support (Now Broken) The lower support trendline was a crucial guide for bulls. Once price broke below, it signaled strong bearish control. A retest of the trendline was unsuccessful, confirming a bearish continuation. ? Target Zone – 31.93 USD (Projected Breakdown Target) The measured move target of the rising wedge aligns around 31.93 USD. If selling pressure continues, price may reach this level. ? 3️⃣ Trading Strategy – Short Setup & Execution This setup provides a high-probability short trade based on the pattern breakdown. ? Short (Sell) Entry Criteria: ✅ Entry Zone: After the price broke below the wedge and retested the trendline (~33.80 USD). ✅ Confirmation: Bearish candlestick formations (Doji, Engulfing, or Pin Bars). Increased volume on bearish moves. ? Stop-Loss Placement: ? Above the resistance level (34.27 USD) – If price breaks above this, the setup is invalid. ? Reasoning: Protects against unexpected bullish reversals. ? Take-Profit Target: ? Target Price: 31.93 USD (based on measured move projection). ? Risk-Reward Ratio: At least 2:1 (adjusted based on volatility). ? 4️⃣ Market Psychology & Price Action Analysis Understanding trader sentiment is crucial: ? Before the Breakdown: Bulls were in control, pushing price higher. However, momentum slowed down, forming the rising wedge. Traders who identified this pattern anticipated a potential trend reversal. ? After the Breakdown: Sellers overpowered buyers, causing a rapid break of structure. The price retested the previous support as resistance, confirming further downside. The market sentiment shifted to bearish, aligning with technical confirmations. ? 5️⃣ Alternative Scenarios & Risk Factors ? Bullish Reversal (Invalidation of Bearish Bias) ? If price reclaims 34.00-34.27 USD, it invalidates the bearish setup. ? A break above this level could trigger a new bullish wave, targeting higher highs. ⚠️ Key Risk Factors: Unexpected macroeconomic events (e.g., Fed policy, inflation data, geopolitical tensions). Strong bullish rejection at lower support zones (~32.00 USD). Volume divergence (if selling volume dries up, bears may lose control). ? Conclusion: High-Probability Bearish Trade with Clear Risk Management This rising wedge breakdown provides a strong short setup, with technical confirmations and price structure supporting further downside movement. ? Bearish Bias Until 31.93 USD A breakdown retest suggests sellers remain in control. Price is expected to continue lower unless bulls regain 34.00+ levels. ? Key Trading Question: Will Silver (XAG/USD) continue to its measured target of 31.93 USD, or will bulls defend key support and push prices higher? Let’s discuss! ??
Bitcoin has broken cleanly above the Bollinger Band midline (20-day moving average), marking a notable shift in structure. This move signals that momentum is leaning back in favor of the bulls. After weeks of price action stuck below the midline and hugging the lower band, reclaiming this level flips the tone from defensive to opportunistic. Historically, when price moves above the midline and holds, it often targets the upper band — currently near $89,200. Price is now riding the upper half of the bands, suggesting increasing bullish pressure. While the bands are still relatively wide — indicating no classic volatility squeeze yet — sustained strength could begin to compress them and build toward a breakout. In short, reclaiming the midline is a technical win for the bulls, with the upper Bollinger Band as the next logical target.
Happiest mind has shown pennant Break down on weekly time frame. It will have potential down side as below, 610 - 500 - 400 - 333
$JELLYJELLY | 1H $JELLYJELLY found support at 0.012 after a massive 75% drop. I'm taking a shot at this level with a stop just below the low at 0.012 Entry: .0136 to .013 Stoploss: .012 Targets: tp1: .0164 to .0173 tp2: .0202 to .0232 tp3: .0271 to .0297
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. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
As discussed throughout my yesterday's session commentary: "My position: Strategy remains / Buying every dip on Gold from my re-Buy calculated zones." I have Bought Gold on #3,014.80 Support pullback twice, once on #3,014.80 and one more order on #3,016.80 as I was well awaited #3,027.80 Resistance re-test or above. I have closed both of my re-Buy orders with Profit on #3,027.80 Resistance throughout yesterday's session. Technical analysis: This and last week’s Fundamentals missed their estimates by a respectable margin and the DX found the Support and already pulling back on a strong Hourly 1 chart’s Bull candle. Bond Yields also followed that sequence (found Buyers on spiral downtrend aftermath) and the only reason Gold hasn't acted according to it’s first negative then diagonal correlation is the consolidation of Investors capital on High levels (using Gold as an safe-haven in High demand). Soon enough I am expecting 2 Gaps to be closed (DX downwards and Gold upwards) which will be ultimate Profit opportunity where Gold will deliver aggressive Buying sequence where I will be ready to pursue #3,027.80 Resistance zone beginning first then #3,07.80 Resistance in extension. However the Price-action is just above its Hourly 4 chart’s Support zone and it should start trending upwards anytime, so according to my Technicals and assuming no new Fundamental surprises, Gold is on the verge of an aggressive Bullish trend extension taken from recent local Low's. As long as Hourly 4 chart remains stable (Ascending Triangle slowly forming), Gold has more chances of breaking the #3,052.80 benchmark Higher High’s local peak than testing and breaking Daily chart’s Support zone (#3,000.80 benchmark barrier and below). My position: I will continue Buying every dip on Gold taken from my calculated re-Buy zones as long as #2,992.80 - #3,000.80 Support zone is preserved and rejecting every downside break-out attempt.
The stock bounced from a strong support around 14.30 after a steep decline. Currently testing 14.90 as a key breakout level. If it holds, targets are set at 15.60 and 16.20, with a stop loss below 14.30. If it fails, next support lies around 13.70. Short-term analysis on the 4H timeframe.