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Parallel Channel

XRP is so BACK!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per our last XRP idea, attached on the chart, it rejected the lower green structure and surged by over 25%. 📈XRP is now bullish long-term trading within the rising channel marked in blue. Moreover, the upper green zone is a strong structure! 🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of structure and lower blue trendline acting as a non-horizontal support. 📚 As per my trading style: As #XRP retests the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
5
NZDJPY may end its rally with a correctionNZDJPY almost without pullbacks, with one impulse forms a strong fall. The potential is starting to run out and the market will need a breather. The current wave may test the zone of interest at 85.268 and move into the correction phase The price is ready to test the strong support at 85.268, the limit level is most likely still in the market and may hold the support area and thus trigger a correction and pullback to 0.5 fibo Scenario: fall to 85.268, false breakdown and rebound to the first zone of interest (imbalance) 86.500
Long
by AndeWave
2
Bitcoin at PRZ! Is This the Calm Before a Drop?As I expected in yesterday's idea , Bitcoin ( BINANCE:BTCUSDT ) started to rise from near the Support line and hit the Target . Bitcoin is trading near the Potential Reversal Zone(PRZ) , the upper line of the ascending channel(minor) , and the Resistance line . In terms of Elliott Wave theory , it seems that Bitcoin has successfully completed the microwave B of the main wave 4 in the ascending channel(minor). A break of the lower line of the ascending channel(minor) could be a sign of the completion of this wave. The corrective structure of the main wave 4 so far could be a Zigzag(ABC/5-3-5) . I expect Bitcoin to drop to at least $100,923 AFTER breaking the lower line of the ascending channel(minor) and breaking the Support line, the next target could be the lower line of the ascending channel(major) . Cumulative Short Liquidation Leverage: $106,943-$105,913 Cumulative Short Liquidation Leverage: $105,525-$104,500 Cumulative Long Liquidation Leverage: $100,763-$99,774 Note: If Bitcoin goes above $105,300, we can expect more pumps. Note: If Bitcoin touches $99,400, we should expect further declines. Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
18
GOLD → Correction ahead of news. Will the decline resume?FX:XAUUSD has been buying back all the losses from the Asian and Pacific sessions since the opening of the European session, but this looks more like a catapult being loaded... GOLD broke through the global consolidation base of 3200, which only confirmed the bearish market structure. Investors are waiting for PPI and retail sales data in the US, as well as Fed Chair Powell's speech. Expectations of fewer Fed rate cuts and optimism surrounding trade talks with China and South Korea continue to weigh on gold. However, weak macro data and a growing US budget deficit could revive interest in this safe-haven asset. GOLD is in a correction phase and is heading towards the zone of interest: the liquidity zone and previously broken support of global consolidation. Resistance levels: 3187-3190, 3200 Support levels: 3123, 3100 Gold may test the indicated resistance, but based on the nature of the market, this situation may end in a false breakout and a fall. Target 3123 - 3100. However, unpredictable data may temporarily change the market, which could lead to momentum towards 3220-3230. Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
13
History repeats itselfOANDA:EURUSD Here’s a technical analysis of the higher timeframes, specifically the monthly chart for EUR/USD. As clearly visible, price action is currently moving within a respected descending channel. The saying "history repeats itself" seems particularly relevant here, especially in the context of Trump’s presidency. While this topic has been discussed frequently, I wanted to highlight the striking similarities once again. The current market cycle closely mirrors the previous one from 2016-2017 — in terms of structure, timing, and volume. At present, we appear to be in the distribution phase, which is far from complete. It’s quite plausible that we may see further downside before another significant move to the upside begins. If we take the 2017 distribution phase as a reference (lasting approximately 300 days), the current phase has only been unfolding for around 80-100 days. Of course, there is no guarantee that price will rise again — but I consider it very likely that this market cycle has not yet fully played out. Technical analysis on higher timeframes often provides stronger probabilities and a clearer picture of the overall trend. On the right-hand side of the chart, I’ve marked a weekly imbalance (not directly visible on the monthly chart), which aligns with the 50% retracement level of the Fibonacci tool. I view this confluence as a strong potential entry for a swing trade targeting the upper boundary of the descending channel. This outlines my current trading outlook.
by Crispp
GOLD → One step away from a bullish trend reversalFX:XAUUSD is emerging from the local corrective channel “flag.” Pre-breakdown consolidation relative to the base of the reversal pattern continues. All eyes are on 3200... Gold is losing ground amid trade optimism and a strong dollar. The price is falling at the start of Wednesday as traders take profits after a rise from weekly lows. Weaker-than-expected US inflation has not justified expectations, but the Fed's refusal to cut rates soon is weighing on the metal. Optimism surrounding new trade agreements between the US and China, the UK, and other countries, as well as hopes for peace talks between Russia and Ukraine, are reducing demand for gold as a safe-haven asset. Technically, the overall situation looks bearish. There is no deep pullback from support, which means pressure from sellers in the market. Consolidation is forming before an attempt to break through the 3200 level. Resistance levels: 3243, 3257, 3269 Support levels: 3222, 3200 If the price continues to consolidate in the current local range and continues to attack support at 3222-3200, then in the short and medium term, we can expect the decline to continue. However, knowing the tricks of MM, the price may form a short squeeze relative to local resistance zones before falling further. Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
35
NZDJPY → Countertrend correction and false breakoutFX:NZDJPY is testing resistance within a global downtrend. The currency pair is not yet ready to continue its growth and is forming a local reversal pattern. Within the global downtrend, the currency pair is forming a countertrend correction and testing resistance at 87.400. The liquidity pool formed above this level is not yet ready to let the price move further. Without the possibility of continuing growth, the price returns to the range and forms a false breakout of resistance. However, since we are in the range and the price has returned inside it, if the bears hold the line (the upper limit of the trading range) at 87.400, this could trigger a further decline, thereby continuing the global downtrend. Resistance levels: 87.400 Support levels: 86.5, 85.26 Consolidation of the price below 87.400 will confirm that the price is not yet ready to continue the trend. The falling dollar index is provoking a rise in the Japanese yen, which may also put pressure on the currency pair. Best regards, R. Linda!
Short
by RLinda
9
EURO - Price can continue to decline in falling channelHi guys, this is my overview for EURO, feel free to check it and write your feedback in comments👊 Not long ago, price entered to pennant, where it at once made an impulse up and broke $1.0820 level. Then price rose to resistance line of a pennant and then corrected to support area, where it later reached the support line. Next, Euro made an upward impulse, thereby exiting from the pennant pattern and breaking $1.0820 level again. Price made a small correction and then rose higher than $1.1270 level, breaking it, but later started fall in falling channel. In channel, Euro broke $1.1270 level one more time and fell to support line, after which rose almost to this level. Now, I expect that price can rise to the resistance line and then continue to fall in a falling channel to $1.0960 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
3
W / USDT Main trend. 23 03 2025Logarithm. Time frame 3 days. Descending channel, price in local clamping in consolidation at dynamic support of the internal channel. From listing -94% at the moment. Local percentages, medium-term and long-term to key zones of chart logic and liquidity, are shown on the chart as a guide for building your tactics and risk control. 🔴 There is potential for a decline to external support of a large descending channel (optional). I showed this option for building tactics and money management. Such assets in terms of liquidity, as a rule, decrease by 96-98% 🟢 If, from this price clamp, the price goes up , then the first resistance is the dynamic resistance of the internal channel (from which there may be a local reversal). Then the external (similarly). If the trend breaks and exits the descending channel, then strong resistance is the previous consolidation of 0.24-0.36 Locally, this clamping zone looks like this.
BINANCE:WUSDLong
by SpartaBTC
2
USDCHF 30min | Fibonacci + Order Block Combo Reversal Setup💵 USDCHF 30-Min Smart Money Breakdown — May 14, 2025 This is a prime example of a multi-confluence reversal trade. Let’s walk through this sniper setup: 🔍 1. Market Structure & Context Price has been flowing within a solid descending channel We just witnessed a sharp impulse leg downward, now reacting from a key demand area Channel bottom + OB + fib = confluence stacker heaven 🧱 2. Zone Confluence Price taps into a high-probability Order Block (highlighted purple) Lining up with the 61.8% fib retracement, one of the most powerful golden pockets Immediate reaction seen with bullish wick rejection — evidence of smart money stepping in 📈 3. Entry Logic Entry: Around 0.83350 SL: Below 0.83200 (protected under 70.5%) TP: Near 0.84700 RRR ≈ 1:5+ — perfect for prop firm funded traders or swing-style scalpers 🔁 Management & Outlook Key confirmation = break above midline channel Scale out at 0.83700 (50% fib), then trail SL for runners If price rolls back under 0.83200, it may seek the 79% or deeper liquidity zone 💡This type of setup is what separates reactive traders from anticipatory Smart Money traders. You’re not chasing—you're waiting in the kill zone. 💬 Comment “🔥” if you’d take this setup. 🔁 Repost if you love OB + Fib sniper logic. 📲 Follow @ChartNinjas88 for next-level breakdowns.
Long
by ChartNinjas88
GOLD (XAUUSD): Detailed Technical Outlook & Trading Plan As we discussed on the yesterday's live stream, Gold is currently in a consolidation stage. The price is stuck within a wide horizontal channel on a daily and we see a test of its support at the moment. With the absence of high impact news in the economic calendar, I assume that a consolidation will continue and there is a high chance to see a pullback. Your confirmation signal will be a bullish breakout and a 4H candle close above 3271 - upper boundary of the intraday horizontal range. There will be a strong possibility of a rise to at least to 3320 level. Alternatively, a bearish violation of a support of the range on a daily and a daily candle close below that may trigger a further decline. ❤️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:XAUUSDLong
by VasilyTrader
3
SHORT. Approaching Key Resistance – Descending Channel 4HEntered a bit too early—currently in drawdown, but risk is managed. This is exactly the moment I step back, stay off the charts, and let the plan breathe. Discipline over impulse. Price is climbing toward the upper boundary of a descending channel. Watching closely for a potential tap and rejection at the trendline. This level could act as a solid resistance zone for short entries, especially if momentum stalls. Patience is key—waiting for confirmation before diving in.
Short
by NeroForteFX_255
GOLD → Retest resistance before fallingFX:XAUUSD is forming a correction and retesting a strong resistance and liquidity zone within a downtrend. The global trend is one step away from a reversal... Gold stabilized ahead of the release of US inflation data. After falling 3%, gold is holding steady at around $3,200, consolidating against a weaker dollar. Investors are awaiting US CPI data, which could set a new direction. Optimism about the US-China trade agreement, geopolitical détente, and profit-taking on the dollar are holding back the price decline. The market is assessing how inflation data will affect Fed policy and demand for safe-haven assets. Globally, the market doubts that the upward trend will continue, and there are reasons to look for points from which the price could start to fall sharply... Resistance levels: 3269, 3284 Support levels: 3246, 3200, 3167 The news may cause a shake-up, but if there are no surprises, a false breakout of 3260-3270 and consolidation of prices in the selling zone could trigger a decline to 3200-3150. Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
22
SUIUSDT → False breakdown of support before growthBINANCE:SUIUSDT has entered a consolidation phase within a bullish trend. The chart shows a zone of interest and a trigger area that are worth paying attention to... The coin looks quite positive. An upward trend is forming, which is also supported by the growth of Bitcoin and a relatively positive fundamental background. Technically, SUI is consolidating between 4.110 and 3.811. Below the support level, a huge liquidity pool has formed, which has not yet been tested. There is a high probability of a false breakdown before the growth continues, but if the market turns out to be more aggressive, buyers may not let the price fall to 3.811, in which case we can consider a breakout of the resistance at 4.11-4.275 and consolidation of the price above these levels with the aim of continuing growth. Support levels: 3.811, 3.667 Resistance levels: 4.11, 4.275 The movement of Bitcoin shows that the market is gathering liquidity as part of a local correction against the backdrop of a bullish trend. Yesterday, we all witnessed a local liquidation, but there are no reasons for a decline yet. SUI, in an ideal scenario, may test support at 3.811 and form a false breakdown before continuing to grow. Best regards, R. Linda!
Long
by RLinda
11
SOLUSDT may rise to 200.0 after long-squeezeMarket maker collected liquidity from 168.5 (liquidation of buyers, entry of sellers and subsequent liquidation of sellers) After a false breakdown the price went up on a light wave After the long squeeze, the price is already going to continue the trend with peace of mind. Ahead is a strong resistance from D1 180 - 180.3. A break of the level will attract buyers. The target may be 200 - 205 Scenario: a retest of the resistance may end in a small correction. If there is no reversal and the price continues to test 180-180.3, we can expect a breakout, which may attract buyers and further growth to 200 - 205.
Long
by AndeWave
8
BTC - New Short-Term Long!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈BTC has been overall bullish trading within the rising channel marked in blue. Moreover, the green zone is a strong demand and structure. 🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of structure and lower blue trendline acting non-horizontal support. 📚 As per my trading style: As #BTC retests the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
8
HelenP. I Bitcoin will continue to grow inside upward channelHi folks today I'm prepared for you Bitcoin analytics. The price has recently shown another confident bullish impulse, pushing higher within a clean ascending channel. The key moment was the breakout above the resistance zone, which had previously acted as a ceiling for the price. This breakout marked the continuation of a higher-high, higher-low sequence that confirms the strength of the ongoing trend. Then the market returned to retest this former resistance, now acting as support, and immediately bounced, reinforcing buyer control and validating the area as a foundation for the next move. Now BTC is holding firm in the upper half of the channel, maintaining its position above the trend line with little sign of weakness. This combination of sustained bullish structure, well-respected technical levels, and steady volume behavior suggests that the market is still preparing for higher levels. With the current structure and momentum, I expect BTCUSDT will continue its upward path within the channel. My goal is 108700 points, which aligns almost with the resistance line of the upward channel. If you like my analytics you may support me with your like/comment ❤️
by FirstNameHelen
11