Chart Patterns
DowJones INTRADAY important resistance retest Key Support and Resistance Levels
Resistance Level 1: 42,920
Resistance Level 2: 43,300
Resistance Level 3: 43,620
Support Level 1: 41,470
Support Level 2: 41,160
Support Level 3: 40,890
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
DOGE|Bearish Triangle Formation On30-Min Chart-Breakdown Ahead?📉 DOGE Bearish Triangle Breakdown | 30-Min Chart
This chart highlights a classic *bearish triangle formation* in DOGE's market cap on the 30-minute timeframe. The pattern shows a series of lower highs with horizontal support around the 32.45B zone.
🔍 Key Observations:
- Pattern: Bearish Triangle
- Resistance: ~34.7B
- Support Zone: ~32.45B
- Target Zone (Post-Breakdown): ~31.3B
A breakdown below the support level could signal further downside movement. However, confirmation is key — traders should watch for volume and candle close below support.
🕒 Timeframe: 30-Minute Chart
📆 Analysis Date: May 29, 2025
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⚠ *Disclaimer:*
This analysis is shared purely for *educational purposes* and does not constitute financial advice. Please do your own research and risk management before making any trading decisions.
Toncoin (TON): Seeing Buyside Dominance | Shooting UpToncoin had good upward movement where the price reached our high area (which was the first target of ours). We see that we have established a strong bounce area near the local support zone so at any point from here, we are expecting to see volatile movement to upper zones!
Swallow Academy
SIGN/USDT – Bullish Breakout Alert!🚀 SIGN Breakout Alert – 80% Potential Incoming?! 👀🔥
Hey Traders! If you're all about high-conviction plays and real alpha, smash that 👍 and tap Follow for more setups that actually deliver! 💹💯
SIGN has just broken out from a symmetrical triangle after consolidating tightly for weeks. The breakout is supported by strong volume and a solid bounce from the base of the structure.
Entry: $0.082 - $0.085 (post-breakout zone)
Targets:
• $0.095
• $0.112
• $0.134
• $0.159
Stop-loss: Below $0.076
Risk-Reward: Over 6:1 — Excellent setup for trend traders.
This move could mark the beginning of a strong upside wave. Keep it on your radar and manage your risk accordingly!
Let me know your thoughts or if you're riding this one too!
Canara Bank: Rounding Bottom Breakout in Progress!🚀 Canara Bank: Rounding Bottom Breakout in Progress! 🚀
📉 CMP: ₹111.8
🔒 Stop Loss: ₹104
🎯 Targets: ₹126 | ₹140
🔍 Why It Looks Promising?
✅ Rounding Bottom Formation
✅ Breakout Above Key Fibonacci 62% Level
✅ Sectoral Strength: Banking & Financials are poised to lead the next leg of the Nifty rally—and Canara Bank could be a key driver.
💡 Strategy & Risk Management
📈 Staggered Entry: Accumulate in phases near support for better risk control
🔒 Strict SL: Protect downside with a disciplined stop loss at ₹104
📍 Outlook: Strong technical breakout with sector tailwinds makes Canara Bank a compelling swing and positional trade setup.
📉 Disclaimer: Not SEBI-registered. Please conduct your own research or consult a financial advisor before investing.
#CanaraBank #BankNifty #BreakoutTrade #FibonacciLevels #SwingTrading #TechnicalAnalysis #StockMarketIndia #InvestSmart
+113% gain made in 40 minues with Double BuyHUGE 🚀 +113% gain made in 40 minues with Double Buy Alert from $0.70 to Take Profit Alert at $1.10 🎯 Expected $1+ that's why two buy attempts were made during the day at $0.66 with both with $1.10 max target but shortsellers kept dropping the price and preventing a push higher so had to exit each time for controlled loss.
Finally once after hours came they can't manipulate as much as they're able during the day so I notified everyone about $0.70 double buy and $1+ expectation. Soon after huge win was pocketed!
Awesome end of the day with NASDAQ:ASBP after bumpy start of the day not taking profit on AMEX:SGN on time
GBP/JPY Elliott Wave Count Warns of Impending Sell-OffThe GBP/JPY pair has just completed a 5-wave downtrend, which ended around early April. Since then, the price has been moving higher in what appears to be a typical A-B-C corrective pattern — a common move that occurs after a major downtrend in Elliott Wave Theory.
We are currently in the final wave (C) of this correction, and within that, it appears that Wave 5 of C is now unfolding. This final wave appears to be nearing its end, and the price is approaching a strong resistance area between 196.813 and 197.513.
T1: 193.735
T2: 192.133
SL: 198.252
❌ Invalidation Level:
If the price closes above 198.252, this Elliott Wave count is likely wrong. That could mean the market is preparing for a bigger rally instead.
MFL LONG TRADEMFL gave an ERC breakout in Dec 2024 - touching a high of 54.5 but showed SOT shortly and started trading in a downward corrective channel. This steep downward channel is actually a Bull Flag as per Price Action Principles. MFL has shown reversal with supportive Volume Gradient confirmations and upward movement from Golden Ratio Fibonacci retracement. Reversal trades are one of the best R:R trades.
🚨 TECHNICAL BUY CALL – MFL 🚨
🎯 BUY ZONE: Rs. 34-40.85
📈 TP1 : Rs. 47
📈 TP2 : Rs. 54.6
🛑 STOP LOSS: BELOW Rs. 29.9 (Daily Close)
📊 RISK-REWARD: High Conviction | 1:4.2
Caution: Please buy in 3 parts in buying range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
NEARUSDT UPDATE
Pattern: Descending Triangle Breakout
Current Price: \$2.937
Target Price: \$3.60
Target % Gain: 22.69%
Technical Analysis: NEAR has broken out of a descending triangle on the 8H chart. Price is closing above resistance with decent momentum, indicating a potential move toward \$3.60.
Time Frame: 8H
euraud buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
USDJPY Will Go Lower From Resistance! Sell!
Take a look at our analysis for USDJPY.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 145.162.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 142.359 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Hanzo / US30 15 Min Path ( Confirmed Bullish Reversal )🆚 US30
The Path of Precision – Hanzo’s Market tactics
🔥 Key Levels & Breakout Strategy – 30 M TF
☄️ Bullish Reversal – 42400 Zone
Price must break liquidity with high volume to confirm the move.
Reasons
Bullish After Retest
42450
1hr key level
Retest - History Of 42470
21 May / 2025
19 May / 2025
16 May / 2025
12 May / 2025
GBPNZD – Bullish Bias Still IntactWe’ve seen a slightly deeper pullback with resistance forming around 2.26228. While price remains bullish overall, this week could present either a breakout or deeper retracement setup:
🔁 High risk/reward buys: from 2.25282 if structure holds
🟢 Safe continuation buys: break above 2.26228 or 2.27286
🛡️ Safest breakout buys: clear break of 2.28114
We’ll reassess at the previous high levels of 2.29000+ once we get confirmation.
SHORT The S&P 500 Index: Not A Bear Market, Just A CorrectionWe are about to witness an inception of bearish action. A correction within a correction.
After 7-April, the Cryptocurrency market started to recover, but the main Altcoins that were growing were all memecoins, and I wondered, "Why are mainly memecoins growing?" I know that when memecoins grow the market is actually bearish on the bigger picture. I shrugged it off and went LONG.
It seems I have an explanation now, this recovery was only a partial recovery or, we are just in front of a classic retrace, a small correction. This means that regardless of how fast and strong it goes the end will result in a higher low, compared to 7-April. This means that the bullish structure will remain intact, but you can't change the fact that strength is not present on this chart.
The SPX is going down next. There two main support levels to consider, you decide which one is the one that you should take. My job is to alert you of the event before it happens, great timing and entry prices, you can take care of the rest.
Thank you for reading.
This is a friendly reminder.
Market conditions can always change.
Namaste.
XAUUSD:[GOLD]: First Drop And Then Reverse! Comment Your Views! Gold touched $3350 but was rejected at that level, dropping around 3288. The price shows some minor support at this region, which we’re currently monitoring. If it breaks through, it could touch our buying zone, reversing the trend. You can set three targets based on your own analysis and bias. Please use accurate risk management while trading.
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GBPCHF INTRADAY bearish below 1.1230The GBP/CHF currency pair is currently exhibiting a bearish sentiment, aligned with the broader downtrend. Recent price action shows the market is in a sideways consolidation phase, indicating a potential pause before the next directional move.
Key Trading Level: 1.1230
This level marks a prior intraday consolidation zone and serves as a critical resistance area within the current trend context.
Bearish Scenario (on rejection from 1.1230):
A failed test of 1.1230 resistance would likely reinforce bearish momentum.
Downside support targets include:
1.1100 – Initial support
1.1050 – Next structural support
1.0980 – Long-term bearish target
Bullish Scenario (on breakout above 1.1230):
A confirmed breakout and daily close above 1.1230 would invalidate the bearish structure.
In that case, potential upside targets include:
1.1300 – Key resistance level
1.1370 – Higher resistance from previous reversal zones
Conclusion
The medium-term outlook for GBP/CHF remains bearish, with 1.1230 acting as a decisive pivot level. As long as price stays below this threshold, downside continuation toward 1.1100 and beyond remains favored. However, a clear breakout above 1.1230 on a daily closing basis would shift the sentiment and open the door for a bullish correction toward 1.1300–1.1370. Traders should monitor the 1.1230 level closely for directional confirmation.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.