MR_NARCOS_ANALYSIS

Current Price: 4,347.85 Market Structure: Price is currently testing a strong resistance zone around 4,360 – 4,380. Previous attempts to break this area resulted in sharp rejections to the downside. The chart suggests a potential double-top formation developing near the resistance level. 📉 Bearish Scenario (Sell Setup) Sell Zone: 4,360 – 4,380 Direction: 🔴 SELL Target: 🎯 4,221.50 Stop Loss: 🔻 Above 4,390 📊 Technical Rationale: The resistance zone has been tested multiple times, showing strong selling pressure. A rejection from this level could trigger a short-term correction toward the 4,221 target. Confirmation of the move will occur if price breaks below the recent local low near 4,300, validating the double-top structure. ⚠️ Invalidation: A 1H candle close above 4,390 would invalidate the bearish setup and may open the way toward 4,420+. ✅ Summary: Watch for a rejection pattern (such as a bearish engulfing or pin bar) in the 4,360–4,380 zone. A confirmed rejection provides a short opportunity toward 4,221 with a favorable risk–reward ratio. NQ1! ES1! MNQ1! GC1! YM1! MGC1! CL1! SI1! BTC1! MYM1!

NQ1! FW201! FCDR1! FDNP1! FW401! FPEO1! FCDR1! FALE1! FMBK1! Gold Spot (XAU/USD) Timeframe: 15-minute chart 🔍 Technical Analysis Summary 1. Trend Context The chart shows a recent downtrend after a strong bullish rally. A descending channel is drawn with two “TRADE LINE” boundaries — upper and lower. Price is currently trading near the upper boundary of this bearish channel. 2. Resistance Zone The highlighted resistance area around $4,270–$4,280 aligns with: The upper trade line of the channel. A previous support-turned-resistance level. This makes it a key decision zone for potential reversals or breakouts. 3. Scenario 1 – Bullish Breakout (Blue Path) If price breaks and closes above the resistance zone and upper channel: A bullish move could target around $4,382 (the marked upper target). Confirmation would come with a retest of the broken resistance that holds as new support. This move aligns with a trend reversal structure (break of market structure). 4. Scenario 2 – Bearish Rejection (Purple Path) If price fails to break above the resistance and gets rejected: Expect a pullback continuation within the descending channel. The next downside target is around $4,185, as labeled on the chart. This would maintain the short-term bearish momentum. 🧭 Summary Outlook ScenarioConditionTargetBias Bullish breakoutBreak & close above $4,280$4,382Reversal potential Bearish rejectionRejection from resistance zone$4,185Continuation of downtrend ⚠️ Key Watchpoints Watch for price action confirmation (strong candle close) near the resistance zone. A false breakout is possible; confirmation via retest is crucial. Volatility spikes around this level could indicate institutional interest.

Asset: Bitcoin (BTC/USD) Exchange: Bitstamp Timeframe: 30-minute Current Price: $108,168 Trend: Breakout from descending channel; potential bullish reversal forming. 🔍 Key Chart Features: Descending Channel (Yellow Trend Lines) Bitcoin was trading inside a well-defined downward-sloping channel. Multiple touchpoints confirm the validity of the pattern. The price has now broken out above the upper trendline, suggesting a shift in momentum. Buy Zone (Purple Rectangle, ~$105,600 – $106,300) Marked as “ZONE BUY.” This acted as a strong support zone where price bounced. Aligns with previous reaction lows. Breakout Confirmation The breakout from the channel, followed by a higher low within the buy zone, confirms bullish sentiment. Immediate rally of +1.85% (1,970 points) adds weight to the breakout. Target Projection: $116,052 Based on measured move (channel height or breakout projection). Represents a potential +9.5% upside from breakout region. Shown with a large blue arrow indicating bullish target zone. 🧠 Interpretation: Current Market Structure: A trend reversal is likely underway after prolonged selling pressure. Bullish Setup: Rejection from the buy zone with a sharp move up. Break of channel trendline + confirmation pullback = classic reversal pattern. Upside Target: $116,052, if momentum holds and support zones remain protected. Risk Management: Invalidation level: Below $105,600 (bottom of the buy zone). Consider trailing stop-loss as price rises. ✅ Summary Strategy: Entry Zone: ~$106,000 (within Buy Zone or breakout retest) Stop-Loss: Below $105,600 (buy zone base) Target: ~$116,052 Reward/Risk: Attractive (approx. 9.5% potential upside vs ~1.5% risk)

t: Gold Spot / USD (XAU/USD) Timeframe: 30-minute Current Price: $4,253.975 Trend: Recently broke below an ascending channel but bounced from a support zone. 🔍 Key Features on the Chart: Ascending Channel (Yellow lines) Price was previously moving inside a well-defined ascending channel. It broke below the channel, suggesting a possible trend shift or correction. Buy Zone (Purple Box ~ $4,200 - $4,220) A demand zone where buyers stepped in. Price bounced strongly from this zone, indicating support is respected. Projected Price Path (Blue Zigzag Arrow) Indicates a possible bullish wave structure (higher highs and higher lows). Suggests a continuation of the uptrend after the correction. Target Level: $4,392.539 (Blue Line) A projected resistance or take-profit zone. Price is expected to reach this level based on the bullish scenario. 🧠 Interpretation: Bullish Bias: The chart suggests that the correction might be over after finding support in the "Buy Zone". Entry Zone: Around $4,200–$4,220 appears to be a strong buy area. Target: $4,392.539 (approx. +140 points from current level). Risk Consideration: If price drops below the buy zone significantly, the bullish bias may be invalidated. ✅ Summary of Strategy: Potential Buy: From current levels or on pullback toward the $4,220–$4,200 zone. Stop-Loss: Below the buy zone (e.g., under $4,180 or based on your risk tolerance). Target: Around $4,392. If you'd like, I can help you: Calculate potential risk/reward. Convert this into a trading plan. Monitor updates (with live data).