


Jos-ProTrader
BTCUSD has officially broken out of a bullish wedge pattern on the 1H chart. This move confirms a reversal from the major support zone at $115,200, where price formed a W-structure and bounced sharply. The breakout is supported by strong volume, indicating real buyer interest — not a fakeout. Price closed above the trendline, signaling momentum shift to the...
Price has formed a classic Head & Shoulders pattern just below key resistance near 3,416 now showing early signs of breakdown from the right shoulder. 🔍 Technical Breakdown: H&S Pattern completed → neckline broken Retest of broken support as resistance expected Confluence with previous structure and volume profile zones 📉 Bearish Bias Activated: Trigger: Clean...
USDT Dominance is showing some interesting movement after breaking out of a descending channel that has held since July 11. Here's a quick breakdown of what we're seeing and what to watch next: 🔍 Current Market Structure ✅ Breakout Attempt: Price has broken above the descending channel, suggesting potential bullish momentum. 🔄 Retest Zone: We’re now watching the...
The pair is respecting a clear descending channel, and the recent push above 1.3780 appears to be a classic liquidity sweep at a major resistance zone. 🔍 Wave Breakdown: Market structure showing a potential W-X-Y-X-Z corrective pattern. Price tapped into liquidity above previous highs and is now rejecting. Expecting a move down toward the 1.3550–1.3570 support...
Gold is trading within a well-respected ascending channel, and we’ve just witnessed a clean bullish flag breakout, backed by strong price action from a bullish order block. 📈 Technical Highlights: Breakout from a bullish flag pattern with volume support. Price respected the bullish OB and continued the uptrend. Targeting the upper channel resistance near...
TSLA is testing the resistance line of a long-term consolidation wedge after bouncing cleanly off the support base. 🔍 Key Technical Highlights: Price approaching a breakout point above the wedge's resistance. Historical move suggests potential 93-point rally (~28%). If breakout holds above $369, next targets lie near $410–$444. Watch for a bullish retest for...
Price is approaching a key resistance zone and liquidity pocket around 1.6060–1.6076, forming a potential lower high setup under a descending trendline. 🔍 Setup Breakdown: Multiple equal highs (liquidity target) at resistance zone. Structure suggests a fake breakout followed by sharp rejection. Targeting support zone at 1.5937 and possibly deeper to 1.5895. 📊...
Gold is coiling within a large ascending channel, and the current price action suggests a potential bullish OB (Order Block) retest, setting up for a leg higher. 📊 Technical Breakdown: Bullish OB Zone near ~3,320 is expected to act as support. Price recently broke above a mid-range descending structure and is now retesting it — a classic breakout-retest...
Price action on the 2-hour chart continues to respect a well-defined ascending channel indicating a bullish structure overall 🔹Recent Price Behavior: After an impulsive rally from the channel's lower boundary GBP/JPY entered a sideways range consolidating between \~198.10 and 199.75. This range has acted as a pause in the prevailing uptrend. 🔹Key Levels: Range...
The euro has broken out of its ascending channel and is now showing signs of a bearish trend reversal. 🔍 Technical Breakdown: Clear break below the channel support, confirming momentum shift. Retest expected around the 1.1600 supply zone, a key area of prior structure. If rejection holds, next bearish leg could target the 1.1450 demand zone. 🧠 Market...
The Aussie has broken decisively below its consolidation range and ascending trendline, triggering a strong bearish continuation. 📉 Key Technical Highlights: Price rejected the upper bound of the range (~0.6550) and breached the trigger zone (~0.6485), confirming bearish intent. The POI at ~0.6439 was quickly taken out, signaling aggressive sellers in...
USDJPY has been locked inside a broad consolidation zone for several weeks on the 4H timeframe, ranging between key support near 143.00 and resistance around 148.00. This structure highlights a high-volume range, with multiple rejections from both extremes. The recent price action shows bullish pressure building, and price is now approaching the upper boundary of...
GBPJPY has been following a well-defined uptrend channel for weeks, making consistent higher highs and higher lows. Currently, price action is trapped in a clear consolidation zone near the upper channel boundary. This consolidation indicates market indecision and potential absorption of liquidity before the next move. A confirmed breakdown below this zone would...
GBPUSD is trading inside a strong downtrend marked by clear lower highs and a descending trendline. Price has broken below the previous support zone and is now retesting it as new resistance. Market structure remains firmly bearish, with sellers controlling the channel. The setup suggests the potential for continued downside if this retest holds. Trade Plan: ...
EURJPY is trading inside a well-defined uptrend channel on the 1-hour timeframe. We see a rising lower trendline supporting price action and a flat upper line acting as resistance. This structure indicates clear bullish order flow and institutional buying pressure pushing price higher. Currently, price has moved above the recent highs but may retrace to test the...
EURUSD is currently moving within a well-defined downtrend channel on the 1-hour timeframe. The pair has completed a clear breakdown below key support, creating a retest zone that traders should watch carefully. Price action shows a series of lower highs and lower lows, confirming strong bearish structure. After the initial breakdown, EURUSD is now retesting the...
XAUUSD is trading within a well-defined uptrend channel on the 15-minute timeframe. Price is approaching a clearly marked small demand zone that has acted as support on prior moves. This area is likely to act as a trap for sellers before buyers push price higher, offering a strong bullish trading opportunity. Market structure shows consistent higher lows,...
GBP/USD is trading inside a strong uptrend channel on the 4-hour chart. Recent price action confirmed a Break of Structure (BOS), signaling solid bullish control. Buyers have pushed price firmly above previous resistance zones. Price is now near the upper boundary of the channel. Signs of short-term exhaustion suggest a likely retracement ahead. A pullback into...