? Chart Pattern: Inverse Head & Shoulders The chart clearly shows an Inverse Head and Shoulders pattern forming, which is typically a bullish reversal signal after a downtrend. The neckline has been drawn near the $3,010 level. If the price breaks and closes above this neckline with strong volume, it could confirm the pattern and suggest a trend reversal to the upside. ? Target Projection Based on the measured move from the head to the neckline (~75.6 points), the projected target is approximately: Entry (Breakout of neckline): ~$3,010 Target: ~$3,085 – $3,090 Potential Gain: +2.49% ? Volume Volume increased around the right shoulder area, which supports buying interest and the validity of the reversal pattern. We need to see a volume spike on the breakout to confirm real buyer momentum. ? RSI (Relative Strength Index) RSI is currently around 56, showing a move out of the mid-range with some bullish momentum. It’s above the signal line (yellow moving average), suggesting further upside potential. No signs of divergence are evident right now. ⚠️ Key Levels Support: $2,980–$2,990 (recent base of the pattern) Resistance/Neckline: ~$3,010 Target (bullish breakout): $3,085–$3,090 ✅ Trading Idea Entry: Buy on confirmed breakout above $3,010 (with strong candle close and volume) Stop Loss: Below right shoulder (~$2,990) Take Profit: $3,085–$3,090
#PHGC timeframe 1 DAY Created a bearish Gartley pattern Sell point around 1.48 ( PRICE NOW 1.50 ) Stop loss / reentry 1.574 (estimated loss -6.35%) First target at 1.267 (estimated profit 14.40%) Second target 1.077 (estimated profit up to 27.63%) NOTE: this data according to timeframe 1 DAY. It's not an advice for investing, only my vision according to the data on chart. Please consult your account manager before investing. Thanks and good luck.
4h Trend is bearisd, 1h Trend is bearish, give us2 potential sell : 1) Price reach last 1H demand, and make rejection candle , take sell with SL slightly above last high of rejection candle, TP on last 1h Low 2) Price break from support trendline/break from channel, better probability if wait price break 15m HL and retest (but have probability to not retest and miss the trade). SL slightly above rejection candle, TP on last 1h Demand
After big dip I will go big up ..track till next week either SL or TP with huge reward..
? PENDLEUSDT 4H Analysis: Price rebounded from the 2.444 demand zone after a short-term breakdown and is now stabilizing above the 200 EMA, with the bullish trendline still intact. Key resistance lies at 3.219, and breaking it could open the path to 3.602. However, a drop below 2.626 and the trendline may trigger a deeper correction.
This is an update on our POL wave count shared earlier, we have modified the wave count looking at the formations and excluded the possibility of the current wave being a wave C. If the wave count is correct then we are in 5 or Y of wave 1 or A. With reference to my last idea of POL in which we got greedy and took a loss on 50% of our positions and are still holding 50% of the long positions for long term. Since are preferred wave count is still showing some downside which can reach 500-475 range and even further, It is not wise to just let our investment sit there and wait for the upward movement which can take months from now. Therefore we have decided to hedge our current position with a small portion of short sell in POL futures. Will share the short sell trade setup tomorrow morning Let see how this plays, Good Luck! Disclaimer: The information presented in this wave analysis is intended solely for educational and informational purposes. It does not constitute financial or trading advice, nor should it be interpreted as a recommendation to buy or sell any securities.
An evolving projection on XRP. Using time and experience in the market as well as Elliot Wave methods this is my projection of the market. ** WARNING: THIS CRYPTO IS HEAVILLY MANIPULATED **
This chart is a **Gold (XAUUSD) short trade setup** on a lower timeframe (likely 1-hour or 30-minute). Here's a breakdown of the analysis: --- ### ? **Chart Components:** - **Instrument**: Gold Spot vs USD (XAUUSD) - **Entry Point**: Around **3007.10** - **Stop Loss (SL)**: **3018** - **Take Profit (Target)**: **3057** --- ### ? **Trade Idea:** - The chart shows a **bearish breakout** from a rising wedge pattern (or possibly a bearish flag), a common reversal pattern. - After the breakout, price **retested the trendline**, suggesting confirmation of the breakdown. - The arrowed projection indicates a **move downward** targeting **3057**, aligning with the lower support zone. --- ### ? **Risk/Reward Overview:** - **Short trade bias** (expecting price to fall) - **Risk**: ~11 points (3018 - 3007) - **Reward**: ~50 points (3007 - 2957) - **Risk-to-Reward Ratio (RRR)**: Approx. **1:4.5** – a favorable ratio --- ### ?️ **Technical Signals:** - **Price Action**: Break and retest - **Chart Pattern**: Rising wedge or flag - **Bearish confirmation** from rejection wick at resistance and a clean breakout candle
During the European trading session on Tuesday, the GBP/USD exchange rate held steady above 1.2700. On Monday, this currency pair dipped below the 200 - day Simple Moving Average (SMA) for the first time in a month. A positive swing in risk sentiment enabled the currency pair to maintain its position. Yet, following a short - lived recovery attempt, GBP/USD tumbled to its weakest level in nearly a month, hovering around 1.2700 on Monday. Although the enhanced risk sentiment on Tuesday curbed the decline, the technical perspective does not indicate a sustained upward trend. In the European trading hours, US stock index futures registered a 1.5% - 2% increase, while the UK's FTSE index climbed approximately 2%. In the absence of significant high - impact data releases, risk perception will remain a key determinant of the GBP/USD exchange rate's movement. Should the stock market display robust performance after the Wall Street opening, it could lend support to the GBP/USD exchange rate; conversely, a deterioration in market sentiment might drive it further downward. On Monday, GBP/USD closed below the 200 - day Simple Moving Average (SMA) for the first time since early March, and at present, this SMA stands at 1.2815. The Relative Strength Index (RSI) on the 4 - hour chart is below 40, signifying a bearish sentiment in the market. GBP/USD is likely to first encounter support at 1.2700, with additional support levels at 1.2630 (100 - day SMA) and 1.2600. On the upside, potential resistance levels are at 1.2815 (200 - day SMA), 1.2880, and 1.2930 (20 - day SMA). GBPUSD buy@1.27000-1.27500 tp:1.28500-1.29300 I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.
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