Get started

Parallel Channel

USDCHF - Bearish => Bullish => Now Bearish?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈USDCHF has been overall bearish trading within the falling channel marked in orange. And it is currently retesting the upper bound of the channel. Moreover, the green zone is a strong resistance. 🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the upper orange trendline and resistance. 📚 As per my trading style: As #USDCHF approaches the red circle zone, I will be looking for bearish reversal setups (like a double top 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 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 TheSignalyst
5
EURGBP - Bullish No More!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 EURGBP has been overall bullish trading within the rising channel marked in blue. And it is currently retesting the upper bound of the channel. Moreover, the orange zone is a strong weekly resistance. 🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the upper blue trendline and resistance. 📚 As per my trading style: As #EURGBP is around the red circle zone, I will be looking for bearish reversal setups (like a double top 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 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 TheSignalyst
4
EURUSD - Shifting from Bearish to Bullish Soon!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈EURUSD has been overall bullish trading within the rising wedge marked in blue. Moreover, the orange zone is a strong support! 🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of support and lower blue trendline acting as a non-horizontal support. 📚 As per my trading style: As #EURUSD approaches 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 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 TheSignalyst
4
ETHEREUM → Rally and liquidity capture. Up or down?BINANCE:ETHUSDT.P is strengthening following Bitcoin. This is a reaction to developments in the Middle East, namely Trump's comments on peace. But there are doubts... The crypto market is reacting to the situation in the Middle East, namely Trump's statements about peace. But apart from him, no one else is talking about peace. No agreements have been reached, so the level of risk is quite high. Another nuance hinting at the general mood in the market: 66% of the largest traders on Hyperliquid are currently shorting crypto — Cointelegraph ETH, technically, has stopped in the trend resistance zone as part of a local rally in the Pacific session. If there is not enough potential to break through the trend resistance and the price forms a false breakout of 2390, the local trend may continue Resistance levels: 2433, 2475 Support levels: 2390, 2313 The inability to continue growth will confirm the fact of bearish pressure (market distrust of the bullish momentum). The past momentum, in hindsight, can be considered manipulation (liquidity capture). Consolidation below 2390 may trigger a decline. Best regards, R. Linda!
Short
by RLinda
4
ADAUSDT → Bear market. Support breakdownBINANCE:ADAUSDT.P is in the distribution phase after exiting consolidation. The coin continues to update local lows within a downtrend. Technically, the cryptocurrency market is in stagnation/correction, as there is no bullish driver yet. Bitcoin is currently consolidating but continues to shoot local downward impulses, which generally has a negative impact on coins. ADA is entering a distribution phase of accumulation formed in the range of 0.62 - 0.71. If the bears keep the price below 0.62-0.6, ADA may well test the intermediate bottom of 0.5364-0.51 Resistance levels: 0.61, 0.62 Support levels: 0.5993, 0.5364 Focus on 0.61 and the local level of 0.5993. Price consolidation below this zone could confirm the bearish nature of the market, which could lead to another decline. Best regards, R. Linda!
Short
by RLinda
7
EURCAD Bearish Setup | Trend Reversal Incoming?The EUR/CAD pair has been respecting a parallel ascending channel, with price recently touching the upper boundary and now showing signs of a potential sharp reversal. 🔹 Key Technical Observations: Price broke out of a long consolidation zone (early June), followed by a strong bullish impulse. Currently rejecting the upper boundary of the parallel channel, suggesting bullish exhaustion. Bearish projection aims for a potential drop toward the 1.55400 support zone, aligning with channel midline or lower boundary. 📊 Trade Idea: Watch for confirmation of rejection (bearish engulfing / break of minor support). Short entries can be considered on break below intraday structure. Target Zone: 1.55400 Invalidation: Clean break and close above 1.58500 ⚠ Always manage risk and confirm with your trading strategy.
Short
by James-Pipstr
Gold Technical ✅ Entry Level (Long Position): Ideal entry zone: Between $3,360 – $3,370 This is near the Wave (4) low and just above the ascending channel support line. Also aligns with the 23.6% Fibonacci retracement level, where price has shown signs of support. --- 🎯 Take Profit (Exit Levels): These targets are based on Fibonacci extensions and the upper boundary of the channel: 1. TP1: $3,400 (50.0% Fib level) – conservative target, aligns with minor resistance. 2. TP2: $3,415 (61.8% Fib level) – key Fibonacci golden ratio and likely Wave (5) area. 3. TP3: $3,435–$3,440 (upper channel line) – aggressive target, aligns with 100% extension and projected Wave (5) peak.
OANDA:XAUUSDLong
by LegendMasterFX
BITCOIN → Possibility of retesting 100K. Buyer weakeningBINANCE:BTCUSDT.P is in consolidation after the rally stalled due to the exhaustion of the bullish driver. The price updates local lows and starts looking at 100K Bitcoin is under pressure after the escalation of conflict in the middle east and after the FOMC speech. There is also another observation: large companies, politicians, funds and investors have long and aggressively motivate the crowd to buy, verbally confirming that they bought dozens and hundreds of bitcoins at a time for the balance, but bitcoin is standing still and updating lows. At the same time, various services such as "cryptorank" fix bullish sentiment at the lows. The market either lacks liquidity or something more unpredictable is happening (chart drawing????) Technically, bitcoin is following the behavior of the SP500 quite strongly, which closes Friday's session quite weak and close to key support, which could trigger a continuation of the decline. Bitcoin won't stay on the sidelines and could also follow the index.... Resistance levels: 104K, 105K, 106K Support levels: 102K, 100.6K, 97.5K The price is coming out of the “symmetrical triangle” consolidation breaking the support, thus confirming the bearish mood. After a small correction after a false breakdown of 102500 the price may again return to storm (retest) the level under market pressure, which will only strengthen expectations of further decline. The target is liquidity 100600 - 100K. From 100K rebound and growth is possible. Regards R. Linda!
Short
by RLinda
38
Bitcoin and the descending channel it consistently followsAccording to the UTC+3 time zone, there is a Bitcoin channel between the 23:00 and 03:00 candles on May 21, which uses the width of the channel (the yellow channel). If we copy the same channel and place it at the upper wick of the 15:00 candle on May 27, we get the green channel. Similarly, by copying the yellow channel and aligning it with the lower wick of the 03:00 candle on May 22, which is one of the first two white candles at the start of the channel, we get the orange channel. The blue channel, on the other hand, is my prediction. In addition, not only the 0 and 1 points (solid line) of the channels but also the 0.5 (short line), 0.25, and 0.75 (dotted lines) levels act as support and resistance.
by Oktay_KRC
1
AERO: Clears the Runway! Can it gain altitude!?AERO gave a valid long setup We were eye a possible retrace of an impulsive move and it displayed enough to trigger a rules-based entry. Technical Breakdown Key structural elements supported the setup: Initial leg up showed impulse-like behavior Pullback found support at a clearly defined AOI Multiple MLT levels aligned with a common zigzag framework Swift bounce off the Golden Corner Pocket (GCP) Break and close above 0.54 completed the impulse structure Prior resistance flipped into support Volume confirmed the move, and price reached the first algo target, producing a reactive wick and confirming potential of algo activity. This created a textbook TDU-style GCP/Algo/C-3 setup with measured entry and exit. Risk Management Partial profit was taken at the first MLT zone Stop loss was moved into profit post-structure break Scenario planning: If move continues: positioned If move stalls as a larger zigzag: no loss Outlook Attention now shifts to the next actionable level, possible second entry long 0.62 is the AOI for re-entry atm Ideal scenario = Continuation in a wave 3, obvi Alt scenario = Clean corrective to AOI + long Bear scenario = Zig Zag complete Conclusion The trade played by the book! Confluence across AOI, GCP, MLT, and volume created a qualified entry — not a guess. This remains a great example of structure over sentiment and waiting for the market to meet criteria before engaging.
COINBASE:AEROUSDLong
by CryptoKnee
Ethereum at PRZ: Bullish Setup _ Short termEthereum ( BINANCE:ETHUSDT ) reacted from the Potential Reversal Zone (PRZ) around the confluence of key Fibonacci levels , the Important Support line and 50_SMA(Daily) . From an Elliott Wave point of view , we can identify a Expanding Flat (ABC/3-3-5) structure ending right above the Support zone ($2,474-2,437) . The structure also hints at the formation of a new upward leg , potentially leading ETH toward the Resistance zone ($2,564-$2,524) and the upper line of the Ascending Channel . I expect Ethereum to test the 38.2%($2,531=First Target) - 50%($2,561) Fibonacci retracement levels on the way to a potential retest of the previous swing highs . Note: Stop Loss (SL) = $2,451= Worst Stop Loss(SL) Please respect each other's ideas and express them politely if you agree or disagree. Ethereum Analyze (ETHUSDT), 15-minute 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.
Long
by pejman_zwin
1
NXPCUSDT → The coin is being killed. Searching for a new bottomNXPCUSDT is testing the bottom at 1.1675 while Bitcoin and the top 10 cryptocurrencies are in a global/local bullish trend... NXPCUSDT is showing its weakness in the cryptocurrency market. There is no potential or driver for the coin, and it continues to be killed... Against the backdrop of a growing market and Bitcoin forming a bullish trend, the NXPC coin is testing the bottom... After a strong and long-term decline, the NXPC coin is forming a flat (consolidation) in the range of 1.5637 - 1.1675. A pre-breakdown base is forming relative to support, which could lead to the price breaking out of consolidation downwards... Resistance levels: 1.2532 Support levels: 1.1675 Focus on support for the range and bottom in the current coin at 1.1675. This is a risk zone and a panic zone. If the price breaks out of this consolidation, there are no obstacles below and the fall could be aggressive. A breakout of the consolidation support could trigger a continuation of the rally or a decline with the aim of forming a new bottom... Best regards, R. Linda!
Short
by RLinda
6
Visa Wave Analysis – 19 June 2025 - Visa broke daily up channel - Likely to fall to support level at 332.90 Visa recently broke the support zone located between the support level 345,00 (which reversed the price earlier this month) and the 38.2% Fibonacci correction of the upward impulse from the start of April. The breakout of this support zone coincided with the breakout of the daily up channel from April – which accelerated the active wave 4. Visa can be expected to fall to the next support level at 332.90 (former minor support from April and the target for the completion of the active wave 4).
NYSE:VShort
by FxProGlobal
GOLD (XAU/USD) – Price Action OutlookGold is currently moving within an ascending channel, showing signs of weakening momentum near the 3,400 resistance level. After a strong bullish move, price has entered a consolidation phase. 🔍 Market Structure: Price pulled back after reaching a peak and is now ranging between 3,386 and 3,373. The structure suggests a potential distribution phase before a move lower. 📉 Bearish Possibility : A break below 3,373 could trigger a drop toward the next key support at 3,360, and possibly 3,349 at the ascending channel’s lower boundary. A rejection from the 3,400 resistance would further strengthen the bearish case. 📌 Summary: Gold is in a critical zone . If it fails to break above 3,400, sellers may step in and push the price toward lower support zones. Watch for clean breaks and confirmation before entering any trades.
TVC:GOLDShort
by Mr_Gold_Trader
1
Euro can fall to support area and then rebound upHello traders, I want share with you my opinion about Euro. Observing this chart, we can see how the price, after a period of sideways trading, the price started to grow gradually and formed a consistent bullish structure. The trend was supported by regular bounces from the support line, confirming the bullish sentiment. At some point, price made a temporary drop below the support area, but this move was short-lived; bulls quickly stepped in, and the pair recovered. After that, EURUSD returned back into the channel and began forming higher highs and higher lows again, confirming the continuation of the trend. Right now, the price is declining slightly and approaching the support area again, which is located between 1.1455 and 1.1430. This zone has shown itself as a strong support during previous moves and is now being retested from above. Given the current structure and the upward channel in play, I expect the Euro to rebound from this support area and continue growing toward the 1.1580 points - that’s my current TP 1. Please share this idea with your friends and click Boost 🚀 Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Long
by LegionQ8
4
The GENIUS Act: A Historic Breakthrough in Stablecoin RegulationIn the fast-evolving world of cryptocurrencies, stablecoins have carved out a unique role, acting as a bridge between digital assets and traditional finance. Until recently, however, the regulatory framework for these instruments remained fragmented and unclear. The adoption of the GENIUS Act marks the first major step toward establishing a coherent regulatory system for stablecoins in the United States — an event already being hailed as a historic breakthrough. What Is the GENIUS Act? The GENIUS Act (short for "Guaranteeing Effective National Incorporation of Ubiquitous Stablecoins") is a legislative initiative designed to set clear rules for the issuance, backing, and circulation of stablecoins. Its primary goal is to ensure transparency, stability, and security for users, investors, and financial institutions engaging with these digital assets. The bill has received bipartisan support, demonstrating a broad political consensus on the need to bring order and trust to the digital asset market. Why Is It a Breakthrough? Before the GENIUS Act, the legal status of stablecoins existed in a regulatory "gray area." Issuing companies often faced uncertainty: were they subject to banking laws, SEC oversight, or fintech regulations? This ambiguity led to high-profile lawsuits, account freezes, and declining institutional trust. The GENIUS Act introduces: A licensing framework for stablecoin issuers, requiring 100% reserves in fiat currency or secure liquid assets Mandatory audit and reporting standards, including independent verification and public disclosures Clear separation between fiat-backed and algorithmic stablecoins, acknowledging their different risk profiles Mechanisms for coordination with the Federal Reserve, paving the way for stablecoin integration into the broader financial infrastructure Impact on the Market The passage of the GENIUS Act has already had a ripple effect. Major issuers like Circle (USDC) and Paxos have expressed their readiness to comply with the new standards. Meanwhile, less transparent players are beginning to lose market share. Institutional investors — including banks and asset managers — are increasingly viewing stablecoins as a reliable instrument for payments and capital storage. This growing confidence could be the key to the mass adoption of Web3 apps, decentralized finance (DeFi), and digital commerce. Global Significance The GENIUS Act also sets a precedent for other countries. Just as the U.S. once led the way in traditional financial regulation, it is now establishing benchmarks for digital assets. The EU, UK, Singapore, and others are closely analyzing the bill’s elements for adoption in their own jurisdictions. Conclusion The passage of the GENIUS Act represents a historic step toward crypto market maturity. It not only eliminates regulatory uncertainty but also lays the groundwork for sustainable digital economic growth. For the first time, stablecoins have a clear, institutionally recognized legal status — marking the transition from chaotic innovation to structured trust.
CRYPTO:BTCUSD
by HCN-News12
Wedge Breakout in Motion – 317% Potential Toward Channel Up📍 Ticker: NASDAQ:ACB (Aurora Cannabis Inc.) 📆 Timeframe: 1D (Daily) 📉 Price: $4.71 📊 Volume: 1.22M 📈 RSI: 42.76 (rising from oversold territory) 🔍 Technical Setup: After years of decline, NASDAQ:ACB has broken out of a large descending wedge, with price pushing above downtrend resistance and reclaiming horizontal support. 🔼 Breakout Structure: Descending wedge + horizontal base 📉 Bear market floor established at ~$3.00 📈 Next key level: ~$5.60, then $9.00+ 💠 Price projection drawn within expanding ascending channel, targeting mid-to-upper range reversion over time. 🧠 Trade Plan & Price Targets: ✅ Entry Zone: $4.60–$4.80 (confirmed breakout, medium risk) ✅ Entry Zone: $3.60–$3.80 (full gap retest, lower risk) ✅ Entry Zone: $2.95–$3.10 (Lowest low, lowest risk) ❌ Stop-Loss: Close below $4.00 (failed retest + support invalidation) ❌ Stop-Loss 2: Close below $3.55 (Lower than the biggest gap low level) ❌ Stop-Loss 3: Close below $2.84 (Lower than the lowest low) 🎯 Target 1: $5.60 → 📈 Return: +18.9% 🎯 Target 2: $9.00 → 📈 Return: +91.0% 🎯 Target 3: $15.00 → 📈 Return: +217.0% ⚠️ Key Insights: RSI curling up from below 40 = momentum shift Short interest remains high → potential short squeeze trigger Price is now above long-term downtrend — trend reversal scenario in play Macro sentiment toward cannabis may act as catalyst Still haven't started the biggest US market 💬 Can Aurora Cannabis light up again and return to its long-term channel highs? Follow for more setups with asymmetric risk/reward. #TargetTraders #ACB #CannabisStocks #WedgeBreakout #ChannelReversion #PennyStockSetup
NASDAQ:ACBLong
by TargetTraders
SPY: What's Next After the Resistance Retest? The price action of SPY, shows a significant decline from early February highs, followed by a strong recovery and an established uptrend from mid-April. Price is currently testing the "Previous Flip Zone" (indicated by the purple shaded area), a level that previously acted as support before the market's sharp decline and has since been retested as resistance. The "All time High 613" is marked as a major overhead resistance level, representing the peak achieved before the February drawdown. An "Intermediate Support" zone is identified between 590 and 592, coinciding with the upward-sloping green trendline that has supported the recent rally. A "Key Area" of support is highlighted further down between 576 and 582, indicating a more substantial demand zone should the intermediate support be breached. Disclaimer: The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.
AMEX:SPYLong
by ManiMarkets