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Candlestick Analysis

Will US Reversals Hold?As of last week's close, all major US indices completed their weekly movements, and all of them indicated a reversal pattern. S&P 500, Nasdaq, and Russell 2000 all formed a bearish engulfing pattern, while the Dow Jones formed an inverted hammer. So, is a correction coming? Based on these technical studies, a correction appears to be developing. We will discuss how to manage these risks and whether this correction will be shallow or deep. Micro E-mini S&P 500 Index Futures & Options Code: MES Minimum fluctuation 0.25 index points = $1.25 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
CME_MINI:NQ1!
by konhow
2
#US500 4H#US500 4H The SPX has dropped with a very sharp bearish momentum, quickly reaching the purple zone and showing a clear bearish engulfing pattern. This is in strong contrast to the steep and aggressive upside move that preceded it. This kind of price action is concerning and may suggest that the correction could continue for now. Two possible scenarios: * Continued downside expansion * Mid-case: consolidation / ranging phase In a deeper correction scenario, price could even extend toward the blue zone around 7186, and if that level is broken, further downside cannot be ruled out. As expected, any correction in US equities can have a ripple effect across other markets such as gold and crypto. With today’s CPI release, we may also see increased liquidity and volatility in the market. Overall, conditions remain highly risk-sensitive. We will keep updating.
OANDA:SPX500USDShort
by mohamadvalizibayi
SAA: classic distribution as buyers run out of steamThe trend looks like it is coming to an end here. Zooming in to the detail, there are clear signs that the effort to push this higher is exhausting. Prices have failed to make new highs since the 21st of May, carving out a slow series of lower highs instead. To me, that is a classic sign of distribution, there is a bit more desperation creeping in from the sellers to exit. Thursday’s price action was the real giveaway. We saw a massive amount of effort on the day with 6x the average volume, yet the result was a 3.5% drop right into the dead low of the session. That is serious price weakness. It feels like the sellers are firmly in control now, and this could continue downwards for some while yet.
LSE:SAAShort
by Stockso_Simple
HBARUSDT at macro floor: structural reset aheadThe Macro Picture 🗺️ HBARUSDT just delivered the textbook failed-breakout reversal. The late-May spike into $0.1100 proved to be the structural peak rather than the start of expansion, with $0.1000 rejected as resistance and price unwinding the entire four-month range in two weeks. Selling pressure has now driven price into the $0.0750–$0.0800 macro floor, the same level that absorbed February's flush and triggered the year's structural reset. RSI has bled into near-oversold territory and is curling higher, hinting that sellers are running out of fuel exactly where buyers historically step in. The Setup ⚙️ The Sweep: The wick into $0.0760 hunted liquidity below the spring base and cleared out late longs positioned for the bullish continuation that never came, completing a textbook structural reset at the macro floor. The Floor: The $0.0750 line is the macro support that defined the February low and now anchors the entire 2026 range, and bulls desperately need to defend it to keep the broader structure intact. The Reclaim: $0.0850 is the immediate hurdle, with the prior local floor now flipped into overhead supply, and bulls need a clean daily close above this level to confirm the reversal and unlock the path back into the old range. The Roadmap: Primary target sits at $0.0900, the mid-range resistance and natural destination for a structural reset bounce, as indicated by the white projection tracing a sweep-and-reverse trajectory off the macro floor. Invalidation: a sustained 2D close below $0.0750 would invalidate this bullish thesis and open the path toward the $0.0700 liquidity extension.
BINANCE:HBARUSDTLong
by 3Commas
INTC broken floor retest: targeting $95The Macro Picture 🗺️ INTC has completed the first wave of its post-parabolic correction — price flushed through the $106 horizontal floor and wicked deep into the $95 liquidity pocket before bulls produced a reactive bounce off the deeper level. That sweep cleared out over-leveraged longs and reset oversold momentum, but the broader structure remains intact: lower highs at $135, $130, and $125, with a broken floor now sitting overhead as supply. Price has rallied straight into the underside of the $106 band, and this is where the bear flag either confirms or fails. The Setup ⚙️ The Support Flip: The $106 level was the structure's last line of defense and has now flipped into overhead resistance — the path of least resistance for sellers is to defend this band on the first retest and reject price back into the lower range. The Reaction: The sharp recovery from the $95 sweep low has the shape of a reactive bounce rather than a structural reclaim, with RSI lifting off the oversold zone but still capped below the mid-line — momentum has cooled but not reversed. The Trigger: A rejection wick from the $106–$115 band followed by a 1D close back below $106 confirms the bear flag and reopens the path toward the $95 sweep low for a retest, with sell stops sitting just below. The Roadmap: Primary target sits at $95 — the white projection traces a shallow relief push into the broken-floor supply followed by a clean rejection back toward the recent sweep low. Invalidation: a sustained 1D close above $115 would invalidate this bearish thesis and reopen the path toward the $125 lower-high band.
BITGET:INTCUSDT.P
by 3Commas
LINKUSDT: bearish spike toward $7.20The Macro Picture 🗺️ LINKUSDT spent May pushing toward the $11.00 structural peak before that level rejected the entire rally and dragged price into a steep retracement. The June wick into $7.00 swept the $7.20 macro floor but failed to spark a sustained reversal — price has stalled beneath the $8.50 local resistance and is now compressing sideways instead of reclaiming higher. That is the kind of stalled bounce that desperately needs to be tested again before the structural picture clears, and the macro floor is back in play as a destination rather than a defensive zone. The Setup ⚙️ The Rejection: The bounce from $7.00 stalled cleanly into $8.50, where bears are defending the prior local low turned resistance. The inability to reclaim this band on the first attempt is the structural tell — supply is reloading into the bounce rather than capitulating. The Sell Area: Price is now distributing in the $7.80–$8.00 pocket directly beneath that resistance. As indicated by the white projection, the path of least resistance traces a brief consolidation followed by a directional break lower toward the macro floor. The Trigger: A clean 1D close below $7.50 confirms the failed bounce thesis and clears the road back toward the $7.20 macro support. Sustained pressure beneath that level reopens the $7.00 sweep low as the next liquidity target. The Roadmap: Primary target sits at $7.20 — a sustained break of the macro support opens the extended path toward a deeper flush below the $7.00 sweep low. Invalidation: a sustained 1D close above $8.50 would invalidate this bearish thesis and signal the bounce structure is repairing, putting $9.00 back in play.
BINANCE:LINKUSDT
by 3Commas
Shorting the rebound: Gold may fall further!Gold prices have been under pressure and have weakened further, hitting a low of around 4237. Although there has been a slight rebound, it is merely a recovery after the sharp drop, and the short-term recovery momentum is insufficient to constitute a trend reversal. Moreover, there are no clear bottoming signals for gold in the short term, so gold may weaken again after the rebound. From the current technical perspective, the intraday rebound in gold failed to even reach the 4400 level, only touching around 4363 before retreating again, and showing a long upper shadow on the candlestick chart, indicating heavy selling pressure above. On the smaller timeframes, the price has broken through short-term support zones and even fallen below yesterday's low of around 4268, indicating that gold is in a weak zone. Therefore, it is still likely that there is still room for further decline in the short term. As gold continues to decline, short-term resistance has shifted to 4300-4320, followed by 4340-4360; the only psychological support in the short term is the area around 4200. Once gold breaks through this area, the decline may extend to the area around the previous low of 4100. Therefore, given the current strong bearish sentiment and lack of enthusiasm for going long, shorting after any rebound will remain the main strategy, at least until the CPI is released. Short-term technical support levels: 4220-4200 / 4100-4080 Short-term technical resistance levels: 4300-4320 / 4340-4360 Therefore, in the short term, if gold rebounds to the 4290-4310 area first, I might prioritize shorting gold; however, if gold continues to retrace and touches the psychological support area of 4220-4200 for the first time, I might try going long on gold again.
OANDA:XAUUSDShort
by Ray_View
Gold rebound setup: Rebound momentum may be building fast!As expected, gold rebounded and reached the 4360-4380 area, successfully activating my short-selling strategy. Subsequently, it fell back and hit TP: 4325, continuing its decline to a low of around 4270. In the short term, the bears still dominate the market rhythm. From the current technical structure, gold is undoubtedly in a clear downtrend in the short term. However, what I cannot ignore is the long lower shadows that gold showed around 4268 and 4272 in the short term, which may form a key low support structure. Although this does not mean that the market has reversed, it may alleviate the bearish momentum to some extent and gradually evolve from a strong short-term downtrend into a range-bound trend. In addition, the important support of the current yearly moving average is also located around 4255, and gold is unlikely to break through this support area in the short term. Therefore, although the downtrend in gold is strong in the short term, the conditions are now in place for the downtrend to gradually evolve into a range-bound movement. So, the momentum for a rebound may be accumulating. However, since the downtrend is currently in control, gold cannot rebound directly all at once. Therefore, the price action will still be volatile and will require time to test and verify before a reversal signal appears. Short-term technical support levels: 4285-4265 / 4250-4230 Short-term technical resistance levels: 4345-4365 / 4400-4420 Therefore, in short-term trading, we can still try to go long on gold in the 4285-4265 range.
OANDA:XAUUSDLong
by Ray_View
BTCUSDT: liquidity sweep before bearish continuationThe Macro Picture 🗺️ The structural read from late May has fully resolved — BTC didn't just hit the $68,000 target, it blew through it, swept the $60,000 macro floor, and printed RSI in the low 20s for the first time since February's capitulation. What looked like a range-bound consolidation between $66,000 and $82,500 has now revealed itself as a complete distribution structure, and the lower boundary has been broken without ceremony. The question is no longer whether the range holds — it doesn't — but how much open air sits below the swept floor before the next structural reaction. The Setup ⚙️ The Sweep: The $59,000 wick low cleared the February capitulation reference and every late long stop parked beneath the macro floor — this is the textbook liquidity event that bears were positioning for all along, and bulls were leaning against without conviction. The Reaction: The current chop above the swept low between $60,000 and $63,000 is post-sweep digestion, not accumulation — without a volume reclaim and without a bullish RSI divergence forming underneath, this consolidation reads as continuation pause rather than structural reversal. The Trigger: A clean 1D close below $59,000 confirms the breakdown and opens the path of least resistance into a structural air pocket where no horizontal demand sits until the prior macro shelves come into view. The Roadmap: Primary target sits at $55,000 — the next major demand pocket in open air below the macro floor, where the structural reset can either complete or extend toward deeper liquidity. Invalidation: a sustained 2D close back above $68,000 would invalidate this bearish thesis and trigger a full structural reclaim of the broken range floor.
BYBIT:BTCUSDT.PShort
by 3Commas
NVDAUSDT: Bearish spike toward $164The Macro Picture 🗺️ NVDAUSDT spent April and May driving a clean macro uptrend off the $164 floor into a structural peak at $241. Since that peak the chart has shifted character — a sequence of lower highs and a multi-week range capped at $225 and floored at the $202 prior break level. That range is the digestion of an over-extended rally, and the path of least resistance on the local lens now points back toward the level that started the breakout. Price is pressing the range floor with momentum fading. The Setup ⚙️ The Rejection: The $241 macro ceiling was never reclaimed, and the early-June push stalled cleanly at the $225 local high — the second rejection from that zone. Each lower high since the structural peak tells the same story: the bulls can no longer defend the upper edge of the range, and supply is stacking into every bounce. The Trigger: The whole thesis pivots on the $202 prior break level — the floor of the range box and the exact level that launched the May breakout. A clean 1D close below $202 flips it from support back to resistance and traps the late longs who bought the range, the kind of move that triggers sell stops clustered just beneath. RSI sliding under its mid-line confirms momentum has already rotated. The Roadmap: Primary target sits at $164 — the macro support and April flush low, a deep liquidity pocket where over-leveraged longs get cleared out before the macro trend can reset. Invalidation: a sustained 1D close back above $202 would invalidate this bearish thesis and signal a rotation back toward the $225 range top.
OKX:NVDAUSDT.PShort
by 3Commas
RUNEUSDT post-sweep reclaim: targeting $0.45The Macro Picture 🗺️ RUNE has completed the structural sweep that the broader range demanded. The June 4 framing called for a defense of the $0.355 macro floor with a reflex bounce higher; instead, price executed the deeper version of that thesis — sweeping liquidity all the way down to $0.30, clearing out late shorts and the last over-leveraged longs, before reclaiming the broken floor from underneath. This is the textbook capitulation pattern: the level that desperately needed to be tested has now been tested below and recovered above, with RSI printing a structural low near 22 at the wick. The bullish destination from June 4 stays intact, just with sweep confirmation now beneath it. The Setup ⚙️ The Reclaimed Floor: The $0.355 level has been broken and reclaimed from below — the kind of sweep + reclaim that historically marks local bottoms and flips the structural bias back to the upside. The Squeeze: As indicated by the white projection, the path of least resistance now points toward a tight consolidation just above the reclaimed floor before continuation — bulls accumulate, late shorts get trapped, and momentum coils for the next leg. The Trigger: A clean push through $0.40 — the first overhead resistance from the broken support flip — would open the runway toward the $0.45 local high magnet where the original June 4 target still sits. The Roadmap: Primary target sits at $0.45 — as indicated by the white projection, the roadmap points toward the local high magnet once the squeeze resolves higher, with $0.50 as the structural ceiling still capping the broader range. Invalidation: a sustained daily close back below $0.30 would invalidate this bullish thesis and confirm that the sweep was the start of a deeper structural breakdown rather than the bottom.
BINANCE:RUNEUSDTLong
by 3Commas
NTCT A+ 9.4 Holy Grail SetupNTCT flashing a Holy Grail setup on the daily. Came out of a power earnings gap and held the trend, then pulled back on light volume into its first test of the 20 EMA. Today it lost the 20 intraday and reclaimed it to close back above — that reclaim candle is the trigger. Stacked EMAs, trend intact. Targeting $44.86 on the resumption, with a hard stop below the setup low at $39.44 (a close under there kills it). #holygrail #20ema #pullback #swingtrading
NASDAQ:NTCTLong
by SWRLS
SCGBHD TRADE On the 4hr chart, price is in a uptrend and broke a 2.17 resistance zone. It broke with increasing volume and retraced with decreasing volume which shows that sellers are loosing their strength. The 2.17 zone is also the value area low for the anchored volume profile. On the 1hr chart, theres a hammer candle but theres also a double bottom pattern forming. Entry is on the second bottom since it offers us a better rr ratio. stops is before the lows and we aim for a 2:1 RR
MYX:SCGBHDLong
by ikafrs
ETHUSDT – Bearish Breakdown Setup Below 1,550, Eyes on 1,425ETH is grinding into the gap fill while pressing right into the local low zone around 1,550 — and that level is the entire trade. Why This Level Matters: The 1,550 zone is the base that has held price for the last several sessions. A clean break here flips this support into the launchpad for a much larger downside move, while holding it keeps the range alive. Gameplan / Primary Scenario: Sell the breakdown below 1,550 and target the demand zone at 1,425. If sellers crack and close below the zone, treat any retest from underneath as a mega short entry and ride continuation lower. If price bounces off 1,550 instead, watch the 1,675 supply for the next rejection rather than chasing longs. If this added value, boost it forward. What are your thoughts? Swallow Academy
BITUNIX:ETHUSDT.PShort
by SwallowAcademy
11
After the breakdown storm, a relief rally may follow!With gold prices breaking through several key lows such as 4360 and 4310, the short-term market has gradually formed a new downward trend. Although there was a rebound after touching the support level near 4260, it was merely a recovery after a sharp drop and did not form a full reversal pattern. Moreover, there are no obvious bottoming signals in the short term. Therefore, I advocate trend-following trading in the short term, focusing on shorting gold at higher levels. However, it should be noted that gold has just experienced a sharp decline, and there may be some speculative funds entering the market to drive a rebound in gold prices, which may continue for some time. The first resistance level to watch is the 4360-4380 area, followed by the 4400-4420 area. On the downside, the primary support level to watch is the 4265-4245 area, followed by the stabilization around 4300. Short-term technical support levels: 4310-4290 / 4265-4245 Short-term technical resistance levels: 4360-4380 / 4400-4420 Therefore, in short-term trading, if gold rebounds to 4360-4380, I will first consider shorting gold; if gold returns to consolidation and repair during the pullback, we can consider trying to go long on gold in small batches in the 4310-4290 area.
OANDA:XAUUSDShort
by Ray_View
What Are & How to Find High and Low Liquidity Zones in Trading Liquidity analysis is the essential part of trading Forex, Gold and any other market. Your ability to identify and differentiate high and low liquidity zones is crucial for spotting profitable trading setups. In this article, we will go through important Supply & Demand basics. You will learn how to measure a concentration of market liquidity and orders on different price levels. What is Liquidity Let me start with explaining what I mean by the market liquidity. The orders of the market participants are not equally distributed among different price levels. While some levels will accumulate the liquidity, some price levels will lack that. High Liquidity Analysis One of the proven and the most efficient way to analyse liquidity is based on price action and candlestick analysis. Let me explain. Candlestick Analysis & Liquidity One of the most evident signals of a high concentration of liquidity is a formation of multiple long wicks within the same area. Long wicks signify a dense participation of buyers and sellers. It means high market efficiency and that every price level was traded by the buyers and by the sellers. Multiple candles pushing up to roughly the same high, each leaving a long upper wick will signify a strong concentration of supply and inability of the buyers to breakthrough. Multiple candles dropping to roughly the same low, each leaving a long lower wick, then closing higher will signify a strong concentration of demand and inability of the buyers to breakthrough. Price Action Analysis & Liquidity Price action analysis will help you identify high liquidity zones too. The levels or the zones from where strong price movements initiate will indicate liquidity concentration. An area or level from where a rapid bullish movement started will suggest a strong concentration of demand. Because that level or area contained enough buying orders to absorb all selling pressure and then push price upward rapidly. An area or level from where a rapid bearish movement started will suggest a strong concentration of supply . Because that level or area contained enough selling orders to absorb all buying pressure and then push price downward rapidly. Low Liquidity Analysis Now, let me explain how to identify low liquidity zones easily. Strong bullish or bearish candles with tiny or no wicks are a perfect indicator of low liquidity. High momentum bullish candles with little or no wicks will signify a clear dominance of the buyers with a very low presence of the sellers. The absence of supply and overwhelming demand will create the market inefficiency , pushing the prices way higher until a high liquidity zone is found. High momentum bearish candles with little or no wicks will signify a clear dominance of the sellers with a very limited buyers' participation. The absence of demand and overwhelming supply will create the market inefficiency , pushing the prices way lower until a high liquidity zone is found. Liquidity Analysis Example Now let me show you how a complete liquidity analysis should look like. The blue zones above are high liquidity zones on GBPCAD forex pair. While gray zones are low liquidity zones. These areas are identified using the rules that we discussed above. Summary Price action and candlestick analysis are powerful tools in measuring the market liquidity on different price levels. It will help you better orient yourself and make more accurate predictions in trading Forex or any other market. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDEducation
by VasilyTrader
4