Long
EUR/JPY (4H) – Bullish ABCD Pattern | Double Bottom & Fibonacci EUR/JPY is showing signs of a potential bullish reversal following a significant bearish move. Price formed a double-bottom pattern around 177.85, accompanied by bullish RSI divergence, suggesting weakening selling pressure and the possibility of a trend reversal.
Following the double bottom, price rallied from Point A (177.85) to Point B (181.50), establishing the first bullish leg of a potential ABCD pattern.
Price is currently consolidating within a descending structure, forming a potential bull flag while retracing toward the Fibonacci support zone. This corrective movement could establish Point C before the next bullish impulse toward Point D.
Fibonacci Retracement & Potential Demand Zone
The Fibonacci retracement is drawn from Point A (177.85) to Point B (181.50), identifying potential support levels during the current pullback.
The primary area of interest is between the 0.382 and 0.500 Fibonacci levels (180.10–179.65), where Point C is expected to develop.
Price has already approached this support region and is showing an initial bullish reaction. A confirmed reversal from this zone would support the continuation of the proposed ABCD pattern.
RSI & Momentum Confirmation
The RSI previously developed bullish divergence near the double bottom, supporting the initial recovery from Point A.
Currently, the RSI is around 53, holding above the neutral 50 level. This suggests that bullish momentum remains present despite the ongoing consolidation.
A sustained move above 50, accompanied by a bullish breakout in price, would provide additional confirmation of the proposed bullish continuation.
Trade Plan – Potential Bullish Continuation
Potential entry zone · Point C 180.80
Wait for bullish price-action confirmation within the Fibonacci support zone, followed by a breakout above the descending consolidation structure.
Target 1 · Point B 181.50
A successful breakout could lead to a retest of the previous swing high at Point B.
Target 2 · Point D 183.50
The projected ABCD completion area, where the next bullish impulse could encounter resistance.
Extended target 185.25
A sustained breakout above Point D could open the way for an extended bullish move toward the upper resistance area.
Risk Management: A sustained break below the Point C support area near 179.65 would weaken the immediate bullish scenario. A protective stop should be placed below the confirmed Point C swing low, with an appropriate buffer.
Conclusion
EUR/JPY is approaching an important decision area. The double-bottom formation, previous bullish RSI divergence, Fibonacci support and developing ABCD structure support the possibility of a bullish continuation.
The key confirmation will be a successful defense of the 179.65–180.10 support zone, followed by a breakout above the descending consolidation structure.
If buyers regain control, the proposed bullish path targets 181.50 initially, followed by the ABCD completion area around 183.50.
#EURJPY #Forex #TechnicalAnalysis #ABCDPattern #DoubleBottom #FibonacciRetracement #RSIDivergence #BullFlag #TradingView #Sarmaaya.pk 
Short
BTCUSDT | 15m — Watching for a reversal after another sweep loweBTCUSDT | 15m — Watching for a reversal after another sweep lower
BTC has broken below the 85,200–85,600 support area and is now trading near 84,140. My scenario allows for another move lower toward 82,600–82,800 before a potential reversal.
I’ll watch for a sweep of the low followed by a reclaim of the nearby Fibonacci levels. If buyers regain control, the projected target is around 87,100, where I plan to take full profit.
The lower turn is a projected scenario, not a confirmed long entry. If price reaches that area but fails to recover, I’ll reassess the idea. 
Long
Long
Long
Long
Long
Short
ETH/USDT: Liquidity Sweep & 4H MSS — Corrective Cycle Toward WCLFollowing an aggressive expansion off the August base that propelled price beyond the initial ABC sequence target, Ethereum ( BYBIT:ETHUSDT ) entered an extended distribution phase above External Liquidity (~$2,470) . This consolidation engineered repeated runs above local highs, successfully sweeping resting buy-side liquidity ($$$) up to $2,585 before encountering heavy selling pressure.
Institutional distribution has now been confirmed by a sharp bearish displacement, printing a clear Market Structure Shift (MSS) on the 4-Hour timeframe. Price is currently offering a clean retest of the broken structural level around $2,459 , establishing an optimal risk-defined entry zone as momentum rotates firmly back into the hands of sellers.
With structural invalidation defined above the liquidity sweep high at $2,585.75 , the initial objective is the sequence breakout base at $2,222.57 (TP1) . A sustained continuation below this level opens the high-probability path toward the overarching Whole Correction Level (WCL) spanning $1,860 – $2,040 , where unmitigated Internal Liquidity awaits. 
Short
Short
XAUUSD — Wave 5 Lower Toward 4,250
From Kelly’s view, gold remains inside a short-term bearish structure after rejecting from the 4,370 area. Price is now trading around 4,313, below the key liquidity retest level at 4,323, while the current decline continues to respect the projected Elliott Wave sequence.
The key idea is simple: the broader downside structure may remain active while price stays below the 4,325–4,335 sell zone, with Wave (5) potentially extending toward the 4,250–4,260 target area.
⟡ Market structure
Gold has formed a clear lower-high structure after failing near 4,370.
The latest bearish leg has already pushed price below 4,323, turning this level into an important liquidity retest area. A corrective rebound toward 4,325–4,335 could therefore become the next zone where sellers look for confirmation.
Below current price, the 4,298–4,305 area is the first important support and short-term buy zone. If this support fails, bearish continuation could accelerate toward the larger Fibonacci extension and projected Wave (5) completion zone around 4,250–4,260.
➤ Key levels
◌ Current price area: 4,310–4,315
◌ Main sell zone: 4,325–4,335
◌ Liquidity retest: 4,323
◌ Strong resistance: 4,365–4,375
◌ First support: 4,298–4,305
◌ First target: 4,300
◌ Second target: 4,280
◌ Main target: 4,250–4,260
◌ Invalidation: Above 4,375
⌁ Elliott Wave view
Wave (1): The first bearish leg started from the recent upper structure and pushed price lower.
Wave (2): Gold corrected back toward the 4,370 area, but buyers failed to create a new high.
Wave (3): The stronger bearish impulse is now driving price toward the 4,300 zone.
Wave (4): A corrective rebound may develop toward 4,323–4,335, where liquidity and resistance overlap.
Wave (5): If sellers defend that rebound, the final bearish leg could extend toward 4,280 and then the 4,250–4,260 Fibonacci target zone.
▸ Trading scenario
Preferred bearish scenario
Entry: 4,325–4,335 after bearish confirmation
Stop Loss: Above 4,375
Take Profit 1: 4,300
Take Profit 2: 4,280
Take Profit 3: 4,250–4,260
The cleaner plan is to wait for a liquidity retest and bearish rejection around 4,323–4,335 rather than chase the current move lower.
Alternative scenario:
If gold holds the 4,298–4,305 support and breaks back above 4,335, price could extend into a deeper corrective rebound before the broader bearish structure resumes.
◌ Invalidation
The bearish scenario would weaken if price regains sustained acceptance above 4,335. A confirmed break above 4,375 would invalidate the preferred Wave (5) continuation structure.
⌁ Kelly’s view
Kelly’s main view remains bearish while gold stays below the 4,325–4,335 resistance zone.
The first key test is 4,298–4,305. If sellers break this support, the bearish sequence may continue toward 4,280, followed by the larger 4,250–4,260 Wave (5) target.
Do you think gold will retest the 4,325–4,335 sell zone first, or continue directly toward 4,260? Short 
Long
Bitcoin Reclaims the 50% Retracement — Fair Value Gap Behind Us?Bitcoin has staged a significant recovery from its recent low near $57,800, climbing back above $86,000 and reclaiming several important technical levels on the weekly chart.
One of the areas I have been watching closely is the Fair Value Gap (FVG) between approximately $65,000 and $77,000 . Bitcoin traded deeply into this imbalance during the correction, with price ultimately extending below the zone before finding demand around the $57K–$60K region.
Since then, the reaction has been strong.
The 50% Retracement Has Now Been Reached
The Fibonacci retracement drawn from the $126,199 high to the $57,800 low gives us several important levels:
0.786: ~$68,313
0.618: ~$77,889
0.50: ~$85,407
0.382: ~$93,651
0.236: ~$104,960
Bitcoin has now reached — and is currently trading slightly above — the 50% retracement level at approximately $85,407.
This makes the current area particularly interesting.
The 50% level is effectively the midpoint of the entire decline from the $126K high to the $57.8K low. Holding above this level would show that Bitcoin has recovered more than half of that decline and could shift attention toward the next major Fibonacci level around $93,650.
$65K–$77K Fair Value Gap
The $65K–$77K region remains one of the most important areas on this chart.
This zone represents a weekly Fair Value Gap created during the aggressive move lower. Price has now traded through this imbalance and reclaimed its upper boundary.
That changes the technical picture considerably.
Rather than viewing $65K–$77K exclusively as an upside target, I am now watching whether this region can act as support during any future pullback.
The upper portion of the FVG also sits close to the 0.618 Fibonacci retracement at approximately $77,889, creating additional technical confluence around the $77K–$78K area.
Moving Averages Are Coming Back Into Play
Bitcoin is also interacting with an important cluster of weekly exponential moving averages.
On this chart, the approximate levels are:
20 EMA: $73,856
50 EMA: $77,886
100 EMA: $78,672
200 EMA: $68,857
BTC is currently trading above all four.
The 50-week and 100-week EMAs sitting around $78K are particularly noteworthy because they overlap closely with the upper end of the Fair Value Gap and the 0.618 Fibonacci level.
That makes roughly $77K–$79K an important area to watch if Bitcoin experiences another significant retracement.
Momentum Is Strong — But Getting Hot
Momentum has improved dramatically.
The weekly RSI has pushed above 70, while the Stochastic RSI is also sitting deep in overbought territory.
That does not automatically mean Bitcoin has to reverse. Strong trends can remain overbought for extended periods.
However, it does suggest that after such an aggressive recovery from $57.8K, some consolidation or a pullback would not be surprising.
The key question is no longer simply whether Bitcoin can bounce.
It is whether buyers can now defend the levels that have been reclaimed.
Levels I'm Watching
For me, the structure is becoming fairly clear.
Above current price, the first major area is around $93,650, corresponding with the 0.382 Fibonacci retracement. Beyond that, approximately $104,960 represents the 0.236 retracement and another significant resistance area.
Below current price, the first level I am watching is the $85,400 midpoint. Losing that level would put the $77K–$79K confluence back into focus.
Below there sits the broader $65K–$77K Fair Value Gap, followed by the major low around $57,800.
Final Thoughts
Bitcoin's weekly structure has improved considerably from the lows.
The market has rebounded from approximately $57.8K, traded back through the $65K–$77K Fair Value Gap, reclaimed the major weekly moving averages, and has now reached the 50% retracement of the entire decline from $126.2K.
For me, $85.4K is the immediate level to watch.
If Bitcoin can establish acceptance above the 50% retracement, the next major technical area on this chart sits around $93.6K.
If price is rejected here, however, the $77K–$79K region becomes especially important, given the convergence of the 0.618 retracement, weekly moving averages, and the upper portion of the Fair Value Gap.
Either way, Bitcoin is now trading at a technically important point in its recovery.
This analysis is based purely on technical structure and is not financial advice. Short 
Long
