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Breakdownretest

$Gold: Breakdown or Bounce?🔻 #Gold Breakdown or Bounce? 🔺 Price tested a critical level (upward sloping trendline - Breakdown Retest ) after a bearish engulfing and is now pulling back. Will the breakdown continue, or can bulls reclaim control? 👀 Trendline break 🚨 Breakdown retest ⚠️ Key levels to watch: 🚧 Resistance: $4099.40 - $4126.08 / $4185.91 - $4195.21 / $4355.80 - $4381.44 🛡 Support: $4024.53 / $3932.10 - $3930.62 / $3953.00 Below $3953 → opens downside toward $3500.20–$3432.84 📉 Between ATH & $3953 → market likely stays trendless/choppy ⚖️ TVC:GOLD #Gold #XAUUSD #Forex #BearishEngulfing #CandleStickPatterns #BreakdownRetest #BearishReversal #PriceAction #ForexTrading 📌 #Disclaimer: This analysis is shared for educational purposes only. It is not a buy/sell recommendation. Please do your own research before making any trading decisions.
OANDA:XAUUSD
by Stocks_Mario
Shorting BTCUSD After Trendline Failure & Bearish RetestPlanning to short BTCUSD as price has rejected from the descending trendline resistance after breaking the minor ascending trendline support. The confluence of trendline rejection and bearish retest suggests potential downside continuation. Entry Zone: ~107,300–107,350 Stop-Loss: Above 107,550 (recent high) Target: 106,550 support area Risk-to-Reward Ratio: ~1:2 (Min) 1:4 (Final Target) Quote: "Trendline confluence and failed bullish continuation often lead to deeper pullbacks." 📊 Summary of the Idea ✅Reason for Entry: Multiple rejections at trendline + structure breakdown. ✅Confirmation: Retest rejection candle. ✅Invalidation: A clean breakout and hold above the descending trendline.
CRYPTO:BTCUSDShort
by Scalper_San