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"XAU/USD Bearish Momentum Continues –Will Gold Break Below $3060📉 XAU/USD (Gold) Analysis – 1H Timeframe 🔹 Resistance Levels: $3,135.69 (Major Resistance) $3,100.14 (Intermediate Resistance) 🔹 Support Levels: $3,059.69 (First Key Support) $3,037.41 (Second Support) $2,994.18 - $2,982.53 (Strong Demand Zone) 🔺 Market Structure & Trend Gold is currently in a downtrend after facing rejection from the $3,135 zone. A bearish structure is forming, with lower highs and lower lows. The price attempted a recovery but faced resistance near $3,100, suggesting a possible continuation of the bearish move. 📊 Technical Outlook ✅ Bearish Confirmation: If price fails to break above $3,100, we may see a continuation toward the $3,060 support. ✅ Breakdown Confirmation: If $3,060 breaks, gold could further drop to $3,037 or even $2,994-$2,982 (major demand zone). ✅ Bullish Recovery: A strong close above $3,100 may invalidate the bearish scenario and lead to a retest of $3,135. 🔥 Trading Plan 🔻 Short Entry: Around $3,100 with SL above $3,110, TP at $3,060 and $3,037. 🔹 Long Entry: If price reaches $3,037 and shows reversal signals, TP at $3,080 and $3,100. 📌 Key Watch: Price action at $3,100 (resistance) Support reaction at $3,060 and $3,037 ⚠️ Disclaimer: This analysis is for educational purposes only. Always manage risk and follow your trading plan! 📊📉🚀
FOREXCOM:XAUUSDShort
by FOREXTRADELIVEUSA
2
(BTC) bitcoin "the case for bitcoin"Where is bitcoin going to be during this 2025 year. The image shows a blank canvas. The drawing untold, unknown for now? Where will the price move and how long will it take to move through the pattern, bearish? bullish? neutral? fire? ice? greener pastures? The graph showing what is being seen tends to see a rise in price once the price moves past the crossing of the blue lines but the purple and pink dotted lines are facing down with no indication that the price is moving neutrally in a recovery effort.
BITSTAMP:BTCUSD
by CryptocurrencyBlot
1
(ETH) ethereum "update"Ethereum update. Nothing per se to analyze. More of an image to share with two indicators. Not much else to say here. It would be better if the average lines (pink and purple) had dots closer together. The further those dots become on a descent, the higher the likelihood there is of a big drop in price. We want the purple line to begin to curve in a reversal pattern for the price to recover from what is losing right now. Huge discount on Etheruem though, if you like that sort of thing, and Ethereum.
BITSTAMP:ETHUSD
by CryptocurrencyBlot
1
BITCOIN - Price can correct to support area and rise to $86000Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Some days ago, the price moved inside rising channel and then made breakout, reaching upper resistance area. After that, Bitcoin dropped sharply and entered a flat pattern between support and resistance boundaries. It tested $82300 support level several times, bouncing from this zone without a clear downward breakout. Recently, the price again touched the support area between $82300 and $81500 and bounced from this demand zone. Now BTC trades near the middle of the flat and shows signs of strength after holding a support area. In my opinion, Bitcoin can rise from current range and reach $86000 resistance level in the next move. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
4
GBPUSD H4 I Bullish Rise Based on the H4 chart analysis, we can see that the price is testing our buy entry at 1.2963, which is a pullback support that aligns with the 78.6% Fibo retracement. Our take profit will be at 1.3078, which is a pullback resistance level. The stop loss will be placed at 1.2859, a swing low support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at fxcm.com/au Stratos Global LLC (fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by FXCM
1
Bonds Don’t Lie: The Signal is ClearU.S. 10-year Treasuries are a crucial cog in the global financial machine, serving as a benchmark borrowing rate, a tool for asset valuation, and a gauge of the longer-term outlook for U.S. economic growth and inflation. As such, I keep a close eye on 10-year note futures, as they can offer clues on directional risks for bond prices and yields. The price action over the past few days has sent a clear and obvious signal as to where the risks lie: prices higher, yields lower. Futures had been grinding lower within a falling wedge for several weeks but broke higher last Friday on decent volumes following soft U.S. household spending data. It has since extended bullish the move, reclaiming the 200-day moving average before surging above key resistance at 115’09’0 after Trump’s reciprocal tariff announcement on Wednesday. RSI (14) is trending higher but isn’t yet overbought, while MACD has crossed the signal line above 0, confirming the bullish momentum signal. That favours further upside, putting resistance at 116’11’0 and 118’12’0 on the immediate radar. For those who prefer it expressed in yield terms, that’s around 4% and 3.8% respectively. Good luck! DS
CBOT:TN1!Education
by FOREXcom
USDJPY Faces Strong Resistance at 151.20 USDJPY Faces Strong Resistance at 151.20 USDJPY tested a strong resistance zone near 151.20. The initial reaction was solid, reinforcing the importance of this level. Sellers appear to be defending 151.20, as the price has moved down twice after testing the area, successfully halting bullish momentum both times. If this resistance holds, USDJPY could continue its downward move toward these targets: 🎯 148.85 🎯 148.20 🎯 146.95 🎯 145.80 You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by KlejdiCuni
17
NZDUSD: Trading Within a Narrow 50-pip RangeNZDUSD: Trading Within a Narrow 50-pip Range The NZDUSD currency pair has been trading within a narrow 50-pip range, stuck between 0.5710 and 0.5760 for about 10 days. It seems likely that this sideways movement will continue in the coming week, as there are no major developments expected. Next week, two key events could impact the US dollar. The first is the decision on Trump's tariffs, expected by April 2 or 3. The second is the release of Non-Farm Payroll (NFP) data. The U.S. is forecasted to report a decline in job growth to 128,000, down from 151,000 in the previous month. Market conditions may remain choppy, and even if NZDUSD moves lower, I don't expect it to fall below 0.5680. The reversal zone between 0.5680 and 0.5710 will likely remain critical for the pair to regain upward momentum, as highlighted on the chart. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by KlejdiCuni
6
Apple (AAPL) Shares Plummet Over 9% Following Trump's TariffApple (AAPL) Shares Plummet Over 9% Following Trump's Tariff Announcement Many stock indices declined after the US President announced the introduction of tariffs for multiple countries, as we reported yesterday morning. During yesterday’s trading session, the sell-off in equities intensified. According to media reports, market participants had hoped that the tariff threats were mere rhetoric and a negotiation tactic. However, many were shocked by both the number of countries affected and the scale of the imposed tariffs. Several well-known technology companies led the market downturn. How Do Trump's Tariffs Impact Big Tech Companies? Significant tariffs were imposed on Chinese imports, yet Apple manufactures around 90% of its iPhones in China. Many affordable products sold on Amazon are also set to become more expensive, as they are sourced from China. Meta Platforms' advertising business could suffer considerable losses as companies worldwide cut advertising budgets. Nvidia and Broadcom may also struggle, given that the tariffs apply to many electronic devices incorporating their chips. As a result, shares of Apple (AAPL), Amazon (AMZN), Meta Platforms (META), Broadcom (AVGO), and Nvidia (NVDA) fell by approximately 9% by the close of trading yesterday. Microsoft (MSFT) shares, however, proved more resilient, dropping just 2.3%, as software products are not easily subject to tariffs. Moreover, software developers do not rely on international supply chains. Technical Analysis of AAPL Chart Apple’s stock price fluctuations have formed a trend channel (shown in blue), with: → The upper boundary acting as resistance since last autumn, although bulls managed to push the price above it during the Christmas rally. We previously highlighted Apple’s overbought condition and the possibility of a correction on 27 December 2024. → New data indicates that resistance has now shifted to the median at around $225. This puts the lower boundary of the trend channel at risk of a bearish breakout. In the coming days, AAPL’s chart may see a bearish assault on the psychological $200 level, which proved significant in August 2024. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NASDAQ:AAPL
by FXOpen
1
Triangle Chart Patterns: How to Identify and Trade ThemTriangle Chart Patterns: How to Identify and Trade Them Triangle chart patterns are essential tools in technical analysis, helping traders identify potential trend continuations. These formations build as the price consolidates between converging trendlines, signalling an upcoming move in the market. In this article, we’ll explore the three types of triangle patterns—symmetrical, ascending, and descending—and how traders use them to analyse price movements. What Are Triangle Chart Patterns? Triangle chart patterns are a common tool used to understand price movements in the market. These patterns form when the price of an asset moves within two converging trendlines, creating a triangle shape on a chart. The lines represent support and resistance levels, and as they get closer together, it signals a potential breakout in one direction. Symmetrical, ascending, and descending are three types of triangle patterns. Each of these patterns reflects a different market sentiment, with symmetrical triangles showing indecision, ascending triangles suggesting a bullish bias, and descending triangles hinting at bearish momentum. These formations are useful because they help traders spot potential breakouts, where the price might move sharply up or down after a period of consolidation. It’s important to note that triangles and wedge patterns are similar but not the same. Both patterns involve converging trendlines, but wedges tend to slope upward or downward. Triangles, on the other hand, either feature one horizontal trendline and a sloping trendline or two sloping trendlines at roughly the same angle. Below, we’ll cover the three triangle types. If you’d like to follow along, head over to FXOpen and TradingView to get started with real-time charts. Symmetrical Triangle The symmetrical triangle is a popular chart pattern that shows up when the price of an asset starts consolidating within a tighter range. Unlike other triangle patterns, it doesn’t lean heavily in either direction—bullish or bearish—making it a neutral signal. It forms when buyers and sellers are in a bit of a standoff, with no clear trend in sight. However, this period of indecision often leads to a significant move once the price breaks out of the pattern. What Does It Look Like? - Two converging trendlines; - One sloping down from the highs (resistance); - One sloping up from the lows (support); - The price oscillates between these two lines, forming lower highs and higher lows; - The formation narrows as the lines get closer together, creating a point of breakout. What Does It Indicate? A symmetrical triangle pattern indicates a period of indecision in the market. Buyers and sellers are evenly matched, causing the price to move within a narrowing range. As it gets smaller, the pressure builds, and the price is likely to break out either up or down. Since the formation is neutral, the breakout could occur in either direction, and traders wait for this moment to see where the market is heading. How Do Traders Use It? Traders typically watch for a breakout from the symmetrical triangle to signal the next significant price movement. They often look for an increase in trading volume alongside the breakout, as this can confirm the strength of the move. In most cases, it’s used as a signal for potential price continuation. However, some traders see it as a reversal indicator, depending on what the preceding trend looks like. Ascending Triangle An ascending triangle is a bullish triangle pattern that’s often looked for when analysing potential price breakouts. It usually forms during an uptrend but may also appear in a downtrend. It suggests that buyers are becoming more aggressive, while sellers are struggling to push the price lower, creating a situation where the market might break upwards. What Does It Look Like? - A horizontal resistance line at the top (price struggles to break above this level); A rising trendline at the bottom, connecting higher lows (buyers are stepping in earlier each time); - The price moves between these two lines, creating a triangle shape; - The formation narrows over time, putting pressure on the resistance level. What Does It Indicate? An ascending triangle pattern signals that buyers are gaining control. While the price keeps hitting a ceiling (resistance), the higher lows show that the market’s buying pressure is increasing. This often leads to a breakout above the resistance level, where the price can make a significant upward move. Traders usually see this formation as a sign that the market is primed for a continuation of the current uptrend. However, sometimes it can appear in a downtrend and signal a trend reversal. How Do Traders Use It? Traders typically use the ascending triangle to spot potential breakouts above the resistance level. When the price finally moves and closes above this line, it’s seen as confirmation that the upward trend is continuing. Many also pay close attention to the trading volume during this breakout—rising volume can confirm that the breakout is genuine. In some cases, the price may break through the resistance quickly, while in others, it could take time before the upward move happens. There may also be false breakouts before the true bullish move occurs, with the price typically closing below resistance. Descending Triangle A descending triangle is a bearish chart pattern that signals potential downward movement in the market. It typically forms during a downtrend but can also appear in an uptrend. It shows that sellers are becoming more dominant, while buyers are struggling to push the price higher, which could lead to a breakdown below a key support level. What Does It Look Like? - A horizontal support line at the bottom (price struggles to break below this level); - A descending trendline at the top, connecting lower highs (sellers are pushing the price down); - The price moves between these two lines, creating a triangle shape; - The formation narrows over time, with the pressure building on the support level. What Does It Indicate? A descending triangle chart pattern suggests that sellers are in control. While the price holds at the support level, the series of lower highs shows that selling pressure is increasing. This often leads to a breakdown below the support line, where the price might experience a sharp decline. Traders see the formation as a bearish signal, indicating that the market could continue its downward trend. How Do Traders Use It? Traders typically use the descending triangle to identify potential breakdowns below the support level. When the price falls and closes below this line, it’s considered confirmation that the sellers have taken over and that further downside movement could follow. Similar to other triangle patterns, it’s common to watch for a rise in trading volume during the breakdown, as it can confirm the strength of the move. It’s also possible to see false breakouts below the support level when the price closes back inside the pattern almost immediately. How Traders Use Triangle Patterns in Technical Analysis These patterns are just one piece of the puzzle in technical analysis, but they can offer us valuable insights when used correctly. Triangle Pattern Trading: Entry, Stop-Loss, and Profit Targets Entry Points Traders typically wait for a confirmed breakout from the triangle formation’s boundaries before entering a trade. For ascending triangles, this means watching for the price to break above the upper trendline (resistance), while for descending triangles, they look for a breakdown below the lower trendline (support). In a symmetrical triangle, the breakout may be in either direction, usually informed by the broader market trend. The entry is often confirmed by a closing candle above or below these key levels to reduce the risk of false breakouts​. Stop-Loss Placement Stop-loss orders are crucial here. For ascending triangles, stop losses might be placed just below the last swing low, while for descending triangles, they might be set just above the recent swing high. In the case of symmetrical triangles, traders often place the stop-loss just outside the formation’s apex. Profit Targets To set profit targets, traders typically use the triangle's height (the distance between the highest and lowest points). This height is then projected from the breakout point, offering a realistic target for the trade. For example, if a triangle stock pattern’s height is $10 and the breakout occurs at $50, the target would be $60 for a bullish move​. Combining with Market Context Triangles may become more reliable when considered in the context of the broader market environment. Traders don’t just look at the pattern in isolation—they analyse the prevailing trend, market sentiment, and even macroeconomic factors to gauge whether a breakout aligns with the larger market movement. For instance, an ascending formation in a strong uptrend adds confidence to the idea of a bullish breakout. Using Other Indicators for Confirmation While triangles provide a useful framework, they’re usually combined with other technical indicators for confirmation. Traders often align triangles with volumes, moving averages, or momentum indicators to assess whether the breakout has strong support behind it. For instance, a breakout confirmed by high volume or a moving average crossover might add confluence to the trade. Limitations and Considerations of Triangle Patterns Triangles are useful tools in technical analysis, but they come with limitations and important considerations. While they can signal potential breakouts, it’s essential to approach them cautiously. - False Breakouts: Triangles often experience false breakouts, where the price briefly moves beyond the trendline but quickly reverses. This may trap traders in unfavourable positions​. - Subjectivity: These formations are open to interpretation. Different people may draw trendlines slightly differently, leading to varying conclusions about where the breakout occurs​. - Need for Confirmation: Relying solely on patterns can be risky. They may work better when combined with other indicators, such as volume or moving averages, to confirm the trend direction. - Market Conditions: In volatile or news-driven markets, chart patterns may not behave as expected, reducing their reliability. They may provide false signals or lose significance in these situations. The Bottom Line Triangle chart patterns are popular tools among those looking to analyse market movements and potential breakouts. Whether it’s a symmetrical, ascending, or descending triangle, these patterns provide valuable insights into price consolidation and future trends. While no pattern guarantees a winning trade, combining triangles with other indicators may improve market analysis. Ready to apply your knowledge? Open an FXOpen account to explore chart patterns in more than 700 live markets and take advantage of our low-cost, high-speed trading environment backed by advanced trading platforms. FAQ What Is a Triangle Chart Pattern? A triangle chart is a pattern in technical analysis that forms when the price of an asset moves between converging trendlines, creating a triangle shape on a price chart. They typically signal a period of consolidation before a strong potential breakout in price. What Are the Patterns of Triangles? There are three main types of triangles in chart patterns: symmetrical, ascending, and descending. Symmetrical triangles indicate indecision in the market while ascending triangles are often bullish, and descending triangles tend to be bearish. How to Trade a Triangle? Traders typically wait for a confirmed breakout from the triangle’s trendlines. According to theory, entry points are based on a breakout above resistance or below support, with stop-loss orders placed just outside the triangle. Profit targets are often set based on the height (the distance between the highest and lowest points) of the pattern. What Is the Triangle Pattern Strategy? The triangle pattern strategy involves waiting for a breakout and using the formation’s height to set profit targets. It’s combined with tools like volume, moving averages, and momentum indicators to confirm the move and avoid false breakouts​. Is the Triangle Pattern Bullish or Bearish? They can be both bullish and bearish. Ascending triangles are generally seen before a bullish movement, descending triangles are bearish, and symmetrical triangles can be either. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Education
by FXOpen
1
Finally happened. Semi’s getting creamed. Semiconductors and all the trappings are finally falling. The bubble has popped for the near term at least. LONG 3 days ago AMEX:SOXS is saving my portfolio🙏🏼👍 I’m using a 30 min chart with 10,50,200 sma’s. When the S&P drops below the 50 sma its time to short. NASDAQ:NVDA was range bound and had dropped below 50sma. Time to short. But NASDAQ:NVDA was leading the way to a reset for all the other Semi underlings. AMEX:SOXS the answer!!!!
AMEX:SOXSLong
by getyler55
1
SOXL in Buy ZoneMy trading plan is very simple. I buy or sell when at three of these events happen: * Price tags the top or bottom of parallel channel zones * Money flow spikes beyond it's Bollinger Bands * Stochastic Momentum Index (SMI) at near oversold overbought level * Price at Fibonacci levels So... Here's why I'm picking this symbol to do the thing. Price in buying zone at bottom of 2 of 3 channels Stochastic Momentum Index (SMI) at oversold level Money flow momentum is spiked negative and under bottom of Bollinger Band Price at or near Fibonacci level Entry at $13.30 Target is upper channel around $19
AMEX:SOXLLong
by chancethepug
4