How to Read a Chart Before Looking for a TradeThe first time you open a trading chart, your brain asks a question it isn't ready to answer:
"Should I buy or sell?"
It feels like the right question. It's the reason you opened the chart in the first place.
But it's a bit like walking into a conversation halfway through and immediately offering your opinion. You don't know what was said before you arrived. You don't know who's arguing what.
You don't know whether the discussion is heated or winding down.
A chart is exactly that: a conversation you've walked into midway. Before you say anything before you risk anything your first job is to listen.
This article will teach you how to do that. Not how to find trades, not how to predict the next candle, but how to read the context of a chart so that when a trade idea eventually appears, it exists inside a story that actually makes sense.
🔭 1. Zoom Out Before You Zoom In
Most beginners start on a very low timeframe the 1-minute or 5-minute chart because it moves.
Candles form quickly, something is always happening, and it feels like the action is there.
Here's the problem: a low timeframe without higher timeframe context can feel like noise.
Imagine judging the plot of a film by watching a random ten second clip. You might see someone crying. Is it a tragedy? A wedding? An onion?
You have no idea, because you have no context.
Timeframes work the same way. A "timeframe" simply describes how much time each candle on your chart represents.
On a daily chart, one candle summarizes an entire day of buying and selling. On a 5 minute chart, one candle summarizes five minutes.
Neither is more "true" than the other they're just different zoom levels of the same story.
🔍 What to look for
Start on a high timeframe the daily or the 4 hour chart.
Ask one simple question: broadly speaking, has price been rising, falling, or going sideways over the past weeks and months?
Only once you can answer that should you zoom in to lower timeframes for detail.
⚠️ What beginners often do wrong
They form an opinion on the 5 minute chart, take a position, and then get run over by a larger move they never saw because they never looked.
A small bounce on a low timeframe often turns out to be a tiny pause inside a much larger decline.
Zooming out first doesn't guarantee you'll be right.
It guarantees you'll at least be reacting to the actual market, not a ten second clip of it.
🧠 2. Understand What a Chart Actually Is
Before reading a chart, it helps to understand what you're looking at because most beginners quietly assume the wrong thing.
A chart is not a signal board. It's not a puzzle with a hidden answer, and it's not trying to tell you what happens next.
A chart is a record of decisions.
Every candle represents real people and institutions who bought or sold at those prices, for their own reasons fear, conviction, obligation, boredom, algorithms following rules.
When price rises, it means buyers were willing to pay higher prices and sellers weren't willing to sell cheaply. When price falls, the opposite.
This shift in perspective matters more than it sounds.
If you see a chart as a signal board, you'll hunt for patterns that "mean buy."
If you see it as a record of behavior, you'll start asking better questions:
- Who is in control right now?
- Where did people commit money before?
- Where did buyers give up?
The chart doesn't predict. It describes.
Your job as a reader is to understand the description clearly before forming any opinion about the future.
🔄 3. Identify the Market Condition First
Every market, at any moment, is doing one of three things.
Learning to name which one is the single most useful chart-reading skill a beginner can develop.
Trending. Price is clearly going somewhere.
In an uptrend, price climbs, pulls back a little, then climbs higher than before like walking up a staircase. In a downtrend, the staircase points down.
Trends can be fast or slow, but the defining feature is direction with follow-through.
Ranging. Price is going nowhere.
It bounces between a rough ceiling and a rough floor, over and over. Buyers and sellers are in a stalemate neither side can push price out of the box.
Ranges can last hours or months.
Transitioning. The market is changing its mind.
A trend is losing steam, or a range is starting to break. Price becomes choppy, moves overlap, and the picture gets genuinely unclear.
This is the hardest condition to trade and, honestly, the one where beginners lose the most money, because they keep expecting the old behavior to continue.
🔍 What to look for
Before anything else, ask: is this market trending, ranging, or transitioning?
If you can't tell, treat the market as unclear.
Unclear conditions deserve caution, not creativity.
⚠️ What beginners often do wrong
They use the same approach everywhere.
They buy pullbacks in a range (where there is no trend to pull back within) or bet on reversals in a strong trend (fighting a staircase that keeps climbing).
The strategy isn't always the problem. Applying it in the wrong condition is.
🏗️ 4. Read Structure, Not Individual Candles
Beginners stare at single candles.
Experienced traders read structure the shape of the market's movement over time.
The building blocks of structure are simple:
A swing high is a peak a point where price pushed up, stalled, and turned back down, leaving a visible "hilltop" on the chart.
A swing low is the opposite: a valley where price fell, stalled, and turned back up.
Connect these hilltops and valleys in your mind, and the market's behavior becomes readable:
- Higher highs and higher lows each peak is above the last one, and each valley is above the last one. Buyers are winning. Every time sellers push price down, buyers step in earlier than before. This is the anatomy of an uptrend.
- Lower highs and lower lows each peak and each valley sits below the previous one. Sellers are in control. Rallies keep failing at lower levels. This is a downtrend.
- Overlapping highs and lows peaks and valleys forming at roughly the same levels, with no clear progression. Nobody is winning. This is a range, or a transition.
Think of it like watching a tug of war.
You don't judge who's winning by one grunt or one stumble you watch where the flag keeps ending up.
Individual candles are grunts and stumbles. Structure is the flag.
🔍 What to look for
Mark the last three or four significant swing highs and swing lows on your chart.
Are they stepping up, stepping down, or overlapping?
That answer is your read of the market.
⚠️ What beginners often do wrong
They react to one big candle.
A single strong red candle in an uptrend feels terrifying, but if the higher lows remain intact, the structure hasn't actually changed.
One candle is a sentence. Structure is the paragraph.
📏 5. Mark Important Areas Not Twenty Random Lines
At some point, every beginner discovers horizontal lines.
Shortly afterward, their chart looks like sheet music.
Here's the calmer approach. Certain price areas matter more than others because price has reacted there strongly before.
Maybe price fell sharply to a level and bounced hard. Maybe it rallied into a zone three separate times and got rejected every time.
These reactions leave footprints.
Traders call these areas support (a zone below current price where buyers previously stepped in) and resistance (a zone above current price where sellers previously took over).
Don't overthink the labels. The underlying idea is just memory: places where a lot of decisions were made once tend to attract attention again.
Because many market participants are watching the same obvious highs, lows, and previous reaction zones, those areas often become natural gathering points for orders and stop-losses.
That shared attention is what can make them significant not any automatic pull on price.
Two practical rules keep this useful instead of overwhelming:
Think in zones, not lines. Price rarely respects an exact number. A reaction area is a band, not a laser line. Draw it slightly thick and forgive small overshoots.
Fewer, stronger levels. If a level isn't obvious within a few seconds of looking at the chart, it probably isn't important. The areas that matter are the ones that jump out the major recent high, the major recent low, the zone price keeps returning to.
⚠️ What beginners often do wrong
They mark every small bump, end up with fifteen lines, and then find a "reason" for any trade they were already emotionally inclined to take.
Clutter doesn't add insight. It adds justification.
⚡ 6. Notice Strong Moves and Weak Moves
Not all price movement is equal, and you can see the difference with your naked eye no indicators required.
Sometimes price moves with conviction: large candles, one after another, in the same direction, barely pausing.
This tells you one side committed serious money and the other side stepped aside.
Traders sometimes call this momentum or displacement, but the plain-English version is simply: someone meant it.
Other times price drifts: small candles, lots of overlap, up a bit, down a bit, going nowhere in particular.
That's hesitation. Nobody is committing.
Why does this matter for reading a chart? Because strong moves reveal intent.
If price approaches an old resistance zone with big, decisive candles, that approach means something different than if it drifts up to the same zone lazily.
And the reaction matters too: if price smashes into a support area and bounces violently, buyers defended it with force. If it sinks through the same area like it wasn't there, that defense has vanished.
🔍 What to look for
Compare the character of recent moves.
Are the pushes in one direction sharp and the pullbacks slow and reluctant?
That imbalance usually tells you which side is in control often more honestly than any indicator.
⚠️ What beginners often do wrong
They treat every move as equally meaningful, giving a sleepy drift the same weight as an aggressive breakout.
Reading a chart isn't just about where price went. It's about how it got there.
⏳ 7. Context Is Not a Trade
This is the section most beginners need and least expect.
Suppose you've done everything above. You zoomed out, identified an uptrend, marked a clean support zone, and noticed strong bullish momentum.
You are, reasonably, bullish.
Here's the uncomfortable truth: a bullish view is not a trade. It's an opinion.
A trade requires more a specific location where the idea makes sense, a price point that would prove the idea wrong, and a realistic destination that makes the risk worthwhile.
Sometimes the view is right but no such combination exists. Price might be floating in the middle of nowhere, far from any meaningful area, offering no logical place to be wrong.
In that situation, the correct professional decision is the one beginners hate most: do nothing and wait.
Think of chart reading as building the case, and the trade as the verdict.
A lawyer with a strong case still waits for the right moment to present it.
Having a view and acting on it immediately, at any random price, isn't confidence it's impatience wearing confidence's clothes.
Equally important: know in advance what would invalidate your idea.
If you're bullish because price keeps making higher lows, then a break below the most recent higher low is the market telling you the story changed.
Deciding this before you're in a position keeps you honest. Deciding it afterward turns every loss into a negotiation.
📖 8. Build the Market's Story
Everything above condenses into one habit: before forming any opinion, make the chart tell you its story.
Every time you open a chart, walk through the same sequence:
1. Where has price come from? (Zoom out. Weeks and months, not minutes.)
2. What is the market condition? (Trending, ranging, or transitioning?)
3. What does the structure say? (Higher highs and lows? Lower? Overlapping?)
4. Where are the important areas? (The few obvious zones where price reacted strongly before.)
5. How is price moving? (With conviction, or drifting?)
6. Which side appears to be in control right now?
7. What would confirm my read and what would prove it wrong?
If you can answer these seven questions clearly, you already have a structured way to read the chart instead of reacting to random price movement.
And notice what's missing from the list: "should I buy or sell?"
That question only becomes answerable sometimes after the other seven.
The goal was never to predict the next candle. The next candle can never be known with certainty.
The goal is to understand the environment well enough that your decisions have context, your risk has logic, and your patience has a reason.
✅ The Beginner's Chart-Reading Checklist
Before looking for any trade:
✅ Started on a high timeframe (daily / 4 hour) before zooming in
✅ Named the condition: trending, ranging, or transitioning
✅ Marked the last few swing highs and swing lows
✅ Identified whether structure is stepping up, down, or overlapping
✅ Drawn only the 2–4 most obvious reaction zones
✅ Compared strong moves versus weak drifts
✅ Decided which side currently appears in control
✅ Written down what would invalidate my read
✅ Accepted that "no clear story" means "no trade today"
⭐ Final thoughts
Reading a chart before looking for a trade is really an exercise in patience the willingness to understand before acting, and to accept that some days the honest answer is "I don't know yet."
That answer feels like weakness to a beginner. It's actually the foundation of everything that comes later.
Every advanced concept you'll eventually learn sits on top of this basic literacy: condition, structure, key areas, momentum, control.
Skip it, and the advanced tools become expensive decorations. Master it, and even simple methods start to make sense.
The market rewards people who listen before they speak.
Start there.
💬 Discussion question
When you open a fresh chart, what's the very first thing your eyes are drawn to — and has this article changed what you think it should be?
See Beyond The Noise.
VYXIS
Education
XAU/USD 22 July 2026 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Bias and analysis to remain the same as analysis dated 30 June 2026.
Price did not print bullish CHoCH to indicate bullish pullback phase initiation. Price instead printed a new low followed by a bullish CHoCH
Price is currently trading within and established internal range, however, I will continue to monitor price with respect to depth of pullback.
Intraday expectation:
Price to trade up to either premium of internal 50% EQ, or H4 demand zone before targeting weak internal low, currently priced at 3,942.100.
Note:
Gold remains volatile as tensions between the US, Israel, and Iran keep safe‑haven demand elevated.
Markets are reacting quickly to every headline, while uncertainty around the Fed’s easing path and shifting U.S. policy under President Trump, especially tariffs continues to fuel choppy price action.
For newer traders, the key is simple, stay flexible and manage risk carefully, as fast spikes and sudden reversals are a normal part of the current XAU/USD environment.
H4 Chart:
M15 Analysis:
-> Swing: Bearish.
-> Internal: Bearish.
Analysis and bias remains the same as analysis dated 20 July 2026.
Price has printed according to analysis dated 14 July 2026 where I mentioned price to trade up to either premium of internal 50% EQ, or M15 demand zone before targeting weak internal low, priced at 3,983.545. This is how price printed.
Price has subsequently printed a bullish CHoCH to indicate bullish pullback phase initiation. Price has since printed lower. Depth of pullback has been insignificant, therefore, I will not classify the bearish iBOS, however, I have marked this in red for illustration purposes.
Price has since printed a further bullish CHoCH and once again price is trading within an established internal range, however, I shall again monitor price action with regards to depth of pullback.
Intraday expectation:
Price to trade up to either premium of internal 50% EQ, or M15 demand zone before targeting weak internal low, priced at 3,959.800.
Note:
Gold remains highly reactive on M15 as geopolitical risk continues to drive quick, headline‑led moves.
The tension between the US, Israel, and Iran is keeping safe‑haven demand elevated, with markets still sensitive to any sign of escalation.
At the same time, shifting US tariff policy under President Trump is adding extra uncertainty, fuelling sharp intraday swings and increasing the likelihood of sudden sentiment flips. Liquidity pockets and whipsaws remain common, making disciplined risk management essential.
Gold’s geopolitical premium is still firmly in place, and until tensions ease, short‑term volatility is likely to stay front‑loaded.
M15 Chart: Dogecoin: The Battle Between Wave Y and a New ImpulseDogecoin Daily Chart | Elliott Wave Analysis
At this stage, both the aggressive and conservative scenarios remain valid. The key difference lies in how the current corrective structure is interpreted, and only future price action will determine which scenario is actually unfolding.
Aggressive Scenario
In the aggressive scenario, the current structure may still be part of a classic Zigzag. If this interpretation is correct, I expect the market to first develop a three-wave corrective pattern, at least resembling the behavior of Wave (B) within the current Zigzag.
Once that correction is complete, another Zigzag could develop, allowing the entire corrective structure to finish with the typical seven-swing sequence.
Another possibility is that the current movement represents only a portion of a higher-degree Wave X. If so, the correction could become considerably more complex, developing multiple nested Zigzag formations before eventually completing a larger Wave Y, and ultimately Wave (IV).
For now, both interpretations remain valid until future price action provides structural confirmation.
Conservative Scenario
In the conservative scenario, the correction of Wave X, interpreted as an Extended Leading Diagonal, is viewed as having been completed through a classic Zigzag, potentially completing the entire corrective cycle.
If this interpretation proves to be correct, a breakout above the previous Wave B high of the recent Zigzag would provide the first meaningful confirmation that the next bullish phase is underway.
However, at the current stage, a three-wave corrective structure remains the more probable outcome until the market confirms otherwise—particularly if the Extended Leading Diagonal has already reached completion.
As always, the market will determine the correct path. Until then, structure, invalidation levels, and future price action remain our most reliable guide.
Patterns whisper. I listen.
— Mr. Nobody | Elliott Wave Principle
Dogecoin
2 hours ago
Dogecoin Daily Chart | Elliott Wave Analysis
Long
SYNC: Healthcare venture capital at inflection - July 2026SYMBOL: LSE:SYNC | DIRECTION: LONG | TIMEFRAME: 2-Week
Published: July 2026
Most investors have watched Syncona descend from 290p in 2018 through a relentless bear market. The pattern is familiar: a bubble inflates, then deflates with mechanical precision. Few have bothered to look at what happens when the selling finally stops. Even fewer have noticed the double bottom forming at the floor of a nearly seven-year downtrend channel. The crowd is still short, still pessimistic, still waiting for one more leg down that may never come.
Perhaps a market crash does come, who knows. Everyone is talking about it. After a correction in excess of 70% already, it makes you realise just how irrational the marketplace is.
Syncona Limited, the LSE-listed venture capital vehicle backing transformative biotech and medtech businesses, has spent the last seven years grinding lower from 290p in 2018.
That was the peak of speculative excess.
What we are seeing now, at 106p, is different: a fund trading close to net asset value with a portfolio of genuinely de-risked investments entering their most valuable years. The crowd has moved on to fashionable themes. Syncona's moment has arrived because its portfolio companies are not concepts anymore. They are clinical-stage programmes with real data, real regulatory pathways, and real exit optionality.
The venture capital model rewards patience that the public market has lost. Syncona's Limited Partners are institutions. They do not trade on news cycles, they compound returns over five to ten-year holding periods.
On the above 13 day chart, Syncona Limited has formed a double bottom with a breakout above 110p now forming. Five reasons exist to expect the rally to accelerate from here.
They include:
1. Double Bottom Structure and Breakout Confirmation
The chart shows a clear double bottom established around 100p in late 2025 and early 2026, with price now rallying back toward the neckline resistance near 110p. A close above 110p on the 2-Week timeframe would confirm the reversal pattern and typically projects price toward the prior swing high visible around 125p to 130p. This is textbook reversal geometry after a sustained downtrend.
2. Portfolio de-risking
Syncona's Holdings include companies now in late-stage development: several have Phase 2/3 programmes underway, with clinical trial readouts, regulatory submissions, and partnership announcements expected across 2025-2026. Unlike the speculative biotech complex (which has cooled sharply), these are not concept-stage gambles; they are programmes with defined success metrics and visible exit pathways. Each approval or partnership deal acts as a NAV-accretive event that will likely trigger institutional buying.
3. Price above both short-term and intermediate moving averages
Price sits 7.8% above the 50-day SMA (99.03) and 10.2% above the 200-day SMA (96.89), confirming that the recent recovery from 100p is not a dead-cat bounce but an emerging trend.
4. One caveat worth acknowledging: Weekly Oscillators show bearish divergence
This matters and must be named plainly. A weak regular bearish divergence is present on the weekly timeframe, with multiple momentum oscillators rolling over despite price attempting to hold near 52-week highs. that suggests underlying weakness in momentum even as price remains elevated. If price fails to close decisively above 110p on the 2-Week chart within the next two to three bars, this divergence may accelerate a pullback to the double-bottom support near 102p-104p. The thesis does not fail; it simply requires price confirmation first. An orderly close above the neckline resolves this tension in the bull's favour.
5. Valuation relative to asset class
Venture capital vehicles typically trade at a discount to NAV during periods of market stress. Syncona, at current levels, is trading closer to intrinsic value than it did at 290p. This compression has created a margin of safety. When even one major portfolio company reaches a successful exit or partnership milestone, the NAV step-change will be visible immediately, and the share price discount will re-compress. Patient capital is being rewarded.
Targets
Will keep that external.
Link on the profile page, www.tradingview.com
The Crowd
The consensus view on venture capital equities remains poisoned by 2022's rate shock. Most of the retail and institutional attention has fled toward profitable SaaS, industrials, and energy. Venture vehicles are lumped with "speculative" buckets. And yet: the fundamentals of Syncona's portfolio have dramatically improved since those panic sales. Phase 2 data has become Phase 3 data. Concept-stage programmes have become clinical-stage programmes with defined risk profiles. This is the opposite of the narrative. The crowd has not updated its mental model because it left the sector entirely. That means when the first major portfolio exit or partnership is announced and the NAV steps visibly higher, institutional capital will re-enter en masse and the share price gap-fill that follows will be swift and sharp.
The question is not whether Syncona's portfolio will deliver value. It is whether you are willing to hold through the indifference and technical noise that precedes the re-rating.
Good luck.
Ww
Type: Long Equity | Timeframe: 2-Week
==========================================
Disclaimer
This idea is for educational and informational purposes only. It is not financial advice. Equities involve significant risk. Always do your own research and consult a qualified financial adviser before making any investment decisions. Past performance is not indicative of future results. 
Long
Elliott Wave Analysis | Preparing for Wave (III)?RBOB Gasoline (RB2!) Daily Chart
Following the completion of a Classic Zigzag correction, RBOB Gasoline appears to have broken above its corrective channel, suggesting that the larger bullish trend may have resumed.
My preferred wave count considers Wave (II) complete, with the current advance representing the early stages of Wave (III). If this interpretation is correct, the market may currently be developing Waves 1 and 2 before the strongest portion of the trend begins.
The initial impulsive rally has already demonstrated encouraging strength. However, before the next major advance unfolds, a temporary pullback would remain entirely consistent with Elliott Wave guidelines. The ideal retracement zone for Wave 2 lies between the 38.2% and 50.0% Fibonacci retracement levels, while a deeper correction toward 50.0%–61.8% would still preserve the bullish structure.
An additional technical factor supporting this scenario is the presence of what may become an Acceleration Gap. If this gap continues to hold, it would reinforce the view that bullish momentum is strengthening rather than fading.
From this point forward, maintaining price above the first invalidation level keeps the primary bullish scenario intact. As long as that level remains respected, the market could continue building the foundation for a much larger impulsive advance.
If Wave (III) develops as expected, the first objective would be the initial target zone, followed by higher Fibonacci expansion levels as the impulse matures. While the exact path will depend on future price action, the overall structure continues to favor the bullish scenario.
As always, this is a probability-based Elliott Wave interpretation rather than a prediction. The market itself will determine whether this wave count continues to validate or whether an alternative structure begins to emerge.
Patterns whisper. I listen.
— Mr. Nobody
No Lead Gasoline
Jun 15
NOLEADGASOLINE (4H) | Updated Elliott Wave Roadmap
Long
Dogecoin Daily Chart | Elliott Wave Analysis
At this stage, both the aggressive and conservative scenarios remain valid. Only future price action will determine which path the market ultimately chooses.
Aggressive Scenario
In the aggressive scenario, there is still a possibility that the market is developing a three-wave correction that could eventually evolve into a Double Three (W-X-Y) corrective structure.
Under this interpretation, the previous decline can be viewed as Wave W, followed by the recovery that formed Wave X. The current decline may represent only the initial phase of Wave Y, having already reached its most conservative target.
From here, the market may develop either a smaller corrective pattern or a more complex corrective structure around the current region or slightly lower. Ultimately, price action and the development of the following waves will determine whether Wave Y continues to unfold or whether the correction has already reached completion.
Conservative Scenario
In the conservative scenario, Wave X is interpreted as an Extended Leading Diagonal. In addition, the most recent three-wave advance currently displays the characteristics of a classic Zigzag, a structure that could mark the beginning of the next move in the direction of the larger trend.
If this interpretation proves to be correct, the correction may have already reached completion, allowing the market to gradually transition into the next bullish phase. However, as always, confirmation will only come through a breakout from the corrective structure, the ability of price to hold above the breakout level, and the development of a valid bullish pattern.
At this stage, neither scenario should be treated as certain. The market itself will determine the correct path. Until then, the structure, invalidation levels, and future price action remain our most reliable guide.
Patterns whisper. I listen.
— Mr. Nobody | Elliott Wave Principle
Dogecoin
2 days ago
Dogecoin (DOGE/USD) — A Long-Term Elliott Wave Perspective
Dogecoin
2 days ago
Dogecoin — The Structure of a Potential Golden Era
Long 
Short 
Elliott Wave Analysis – First Green Light for Bullish ContinuatiRBOB Gasoline (RB2!) 4H Chart | Elliott Wave Analysis – First Green Light for Bullish Continuation?
Under the aggressive scenario, the market has delivered its first encouraging signal that the bullish trend may be ready to continue. The breakout above the corrective channel, the completion of a Classic Zigzag, and the development of an initial five-wave advance all support the possibility that a new impulsive sequence has begun. If this wave count is correct, the current rally could represent only the early stage of a much larger bullish trend.
Even so, no market advances in a straight line. After every impulsive move, corrective structures are both natural and necessary, allowing the market to regain balance before the next leg higher. These pauses may develop as either price corrections or time corrections, both of which are consistent with Elliott Wave guidelines.
The next correction does not necessarily have to be deep. The market may simply enter a sideways corrective phase to consume time rather than price. Structures such as a Flat, Triangle, or even a Complex Correction remain entirely possible. These patterns typically allow the market to consolidate before the primary trend resumes.
The conservative scenario, however, still suggests that the market may require a larger correction before the primary bullish trend can fully develop. If the current decline unfolds as nothing more than a three-wave corrective structure, such as a Simple Zigzag, the probability of a larger corrective phase would increase.
That said, the presence of a three-wave correction alone is not enough to confirm the bearish case. The key will be the market's behavior once the correction is complete. If buyers fail to produce a new impulsive advance and price instead breaks below the corrective structure, it would become the first warning that a short-term bearish phase may be developing.
Finally, it is important to remember that RBOB Gasoline is one of crude oil's primary refined products and maintains a strong correlation with the oil market. As long as crude oil continues to preserve its bullish structure and extend higher, the broader outlook for gasoline is also expected to remain constructive.
For now, both scenarios remain valid. The market's future price action, wave structure, and reaction around key technical levels will ultimately determine which path gains confirmation.
Patterns whisper. I listen.
— Mr. Nobody Long 
Long
Short
BREAKOUT PULLBACK TRENDANALYSIS SWINGTRADING CRYPTOCURRENCYBitcoin is currently approaching a key demand zone between 64,680 and 64,800. If price reacts positively from this area and buyers step in, I'll be looking for a continuation toward the following targets.
Trade Plan:
Long Entry: 64,680–64,800
Stop Loss: 64,179
TP1: 66,470
TP2: 67,290
TP3: 67,920
This setup is based on the expectation that the demand zone will hold. A break below the stop-loss level would invalidate the bullish scenario.
As always, wait for confirmation and manage your risk.
This is my personal market analysis and not financial advice. 
Long
Short 
DXY | Q3 2026 | Day ChartIts good to keep an eye on DXY
A 4hr / daily timeframe accumulation trend created 27 Jan in Q1 & confirmed the first week of May with 5 days using the trend as its support friend. Enough investors in Long pants were able to get some price action above the monthly support at $99.42 resistance and use it as support to keep their accumulation trend going.
price action today is under a daily Frontside candle which is often used as a target so those investors waiting there are R.A.T.S using the support candle as resistance and calling a "Rejection As target" to exit their scalps, abandon the long pant party and put on some shorts.
it all depends if the the Long Pant investors can destroy the R.A.T's or not. If so, they march victoriously to $104 - $105.
If not, then investors in short's take it down to trend and the 4hr BackSide range will be the last hope at $99.791 to support the accumulation trend.
When trends break, price action targets the base of the trend, called the "vertex".
The Vertex of any trend is protected by the BackSide or FrontSide of the range - Support range or Resistance range.
When a BackSide candle or BackSide of the range is tested, price action is expected to show a strong reaction - i.e long wicks to or away from level. big body "engulfing" candles, leaving F.V.G's and creating another vertex for a high angle trend.
The FrontSide of the range shows a more subtle reaction, a low angle trend that ladders slowing in the direction of the trend.
4 candles:
BackSide = Supports high angle trends
FrontSide = Supports low angle trends.
(Inv.BS) Inverse BackSide = Resistance, supports high angle distribution trends. the inverse of the BackSide support Candle
Inv.FS) Inverse FrontSide = Resistance, supports low angle distribution trends. The inverse of the FrontSide support candle.
A Range is 2 or more consecutive candles of the same color. The BackSide candle or Inv.Backside is always the first candle of that range.
The FrontSide or Inverse FS is always the last candle of that range.
4 candles, 4 levels illustrating the structure of the market with a methodical, data driven approach.
If the expectations are not met, then price action is targeting a different range than the one you chose to look at. Opportunities to exit usually present themselves by the same science. Strength favors the higher timeframes.
-----------------------------------
Multiple Time-Frame Analysis; Color Code | Strength favors the higher timeframe.
Yearly timeframe = black
Monthly timeframe = pink
weekly = grey
daily = red
4hr = orange
1hr = yellow
15min = blue
5min = green if they are shown. (Level visibility on intervals is set to timeframe the level was found on and below to keep chart view organized.)
** Candle Science explained **
A Range = two or more consecutive color candles.
There are two types of ranges - accumulation and distribution.
DISTRIBUTION RANGES DEFINED:
When price is above a distribution range, these candles/levels act as support.
(BS) BACKSIDE Candle - First distribution candle in a distribution range. Expectation = strong reaction to price. long wicks reaching to or away from level.
(FS) FrontSide Candle - Last distribution candle in a distribution range. Expectation = reversal, create a trend in the opposite direction. Distribution candles are used as support.
ACCUMULATION RANGES DEFINED: When price is below an accumulation range, these candles/levels act as resistance.
INVERSE BACKSIDE (Inv.BS) - First Accumulation candle in an accumulation range. Expectation. = strong reaction to price. long wicks reaching to or away from level.
INVERSE FRONTSIDE (Inv.FS) - Last accumulation candle in an accumulation range. Expectation = reversal, create a trend in the opposite direction. Accumulation candles are used as resistance.
Long
