AUDJPY Triangular BreakoutWe're looking at a potential buy on AUDJPY with a Triangular Breakout. Expecting price to reach around 95.70 zone within next few hours
Triangle
Gold (XAU/USD) Breakout & Retest Trade Setup - Bullish Move!Gold (XAU/USD) has successfully broken out of the consolidation zone after a strong rally. The price action recently tested the previous resistance level, which is now acting as new support.
Trade Setup:
Entry: Price has retested the breakout zone and is showing signs of bullish momentum.
Support: The previous resistance area (now turned support) is holding well.
Stop Loss: Placed just below the support at $3,034.562 to manage risk.
Target: A potential upside move towards the $3,055 zone, which aligns with the next key resistance level.
This setup follows a breakout-retest continuation pattern, a classic technical strategy where price revisits a breakout level before resuming the trend. If bullish momentum continues, we can expect a move towards the projected target.
📌 Key Levels to Watch:
Support: $3,034.562
Resistance/Target: $3,055
Current Price: $3,039.925
💡 Risk-to-Reward Ratio: Favorable, as the stop loss is placed strategically below support.
⚠️ Disclaimer : This is not financial advice. Always manage your risk and use proper risk management techniques.
What are your thoughts on this setup? Will Gold push higher or face rejection? Let me know in the comments! 🚀💬
Analysis of USD/JPY Chart**Analysis of USD/JPY Chart**
**Chart Pattern & Market Structure**
- The chart identifies a **triangle chart pattern**, which often signals a potential breakout.
- Price has been consolidating within this structure and recently **broke above the pattern**, indicating possible bullish momentum.
**Key Technical Levels**
- **Resistance Zone (~149.8 - 150.0):** Price is testing this area, which previously acted as a supply zone. A breakout above could open doors for higher levels.
- **Support Zone (~148.5 - 149.0):** If price retraces, this area could act as a strong demand zone.
- **EMA50 (~149.2):** Currently acting as a dynamic support, maintaining the bullish structure.
**Potential Price Movement**
- The chart suggests a possible pullback toward **support** before continuing higher toward the next resistance zone (~151.5 - 152.0).
- If price breaks below the **support zone**, the uptrend could weaken, leading to a bearish scenario.
**Trading Considerations**
- A **successful breakout above resistance** (~150) could push price towards **152.0**.
- A **rejection at resistance** might bring price back to **support (~148.5 - 149.0)** before another bullish attempt.
- Traders should watch for **confirmation signals** (candlestick patterns, volume spikes) before entering trades.
Copper breaks out but misses target, what's next?Copper formed an ascending triangle from mid-February, triggering the pattern on March 12. The price moved higher as expected but remains just shy of its target at 5.12. If there is a pullback toward 4.91, or in the worst case down to the breakout point at 4.84, traders will likely see this as a buying opportunity to align with the pattern's upward momentum. The pattern remains valid as long as the price stays above 4.78, a level just below the strong retest of the breakout point on March 13.
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XAUUSD still hoping for retracementThis is an update to my related chart (see link below)
Update:
Gold is rising quickly. I am still hoping for a retracement. I have updated my entry positions to:
First Entry: 3023.365 which is in the middle of a new support level on the 1hour chart. Using Fib on the Bullish Pennant target, this entry is at the 0.5 level.
Second Entry: 3012.392 which is within a support area as well. Using Fib on the Triangle target, this entry is just below 0.618 level.
Testing and bounce?The pair is testing the upper vortex after breaking it out. I have a small position just for fun. I think is going to bounce up to the next resistance shown on the chart. SL triggers if a daily candle CLOSES under 189.10.
XAUUSD small retracement then longI see two outstanding targets from a previous Triangle and a Bullish Pennant on the 1hour chart.
Right now Gold keeps hitting a soft resistance block.
First Entry at 3,009.388 near 0.5 Fib
Second Entry at 2,998.41 between 0.618 and 0.786 Fib
Risk to Reward: 3.15
Gold remains bullish.
In support:
Name Simple Exponential
MA5 3020.87 Buy 3020.99 Buy
MA10 3015.91 Buy 3016.22 Buy
MA20 3007.51 Buy 3009.40 Buy
MA50 2996.65 Buy 2995.01 Buy
MA100 2972.48 Buy 2977.08 Buy
MA200 2941.12 Buy 2953.95 Buy
Market Trading is risky. The above is just my idea and you should do your own analysis before comparing it with mine. Never risk more than you can afford to loose.
Good Luck!
Gold (XAU/USD) Sell-Off Continues | Bearish Target insightGold Spot (XAU/USD) indicates a potential continuation of the current downtrend.
🔹 Sell Limit at 3082: A significant level where a sell order was placed, marking the start of the recent decline.
🔹 Strong Downtrend: After rejecting the 3082 level, gold has been making lower highs and lower lows, confirming bearish momentum.
🔹 Support & Target Zone: Price is approaching a key support area near 2880-2900, which aligns with the marked target level.
📉 Bearish Outlook:
If the price breaks below the current support, further downside is expected.
A potential bounce could occur at the target zone before a trend reversal.
💡 Key Levels to Watch:
Resistance: 3082
Support/Target: 2880-2900
Traders should monitor price action at support to determine if further downside is likely or if buyers step in for a potential reversal.
What’s your outlook on gold? Will the bearish trend continue? 📉💰
DexCom Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# DexCom Stock Quote
- Double Formation
* A+ Set Up)) | Completed Survey At 125.00 USD
* ((Triangle Structure)) | SideWays, No Entry | Subdivision 1
- Triple Formation
* ABC Flat Feature & Retest | Subdivision 2
* (TP1) | Subdivision 3
* Daily Time Frame | Trend Settings Condition
- (Hypothesis On Entry Bias)) | Indexed To 100
- Position On A 1.5RR
* Stop Loss At 52.00 USD
* Entry At 61.00 USD
* Take Profit At 76.00 USD
* (Downtrend Argument)) & Pattern Confirmation
* Ongoing Entry & (Neutral Area))
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
Gold (XAU/USD) Chart Analysis**Gold (XAU/USD) Chart Analysis**
📌 **Current Price:** $3,014.41
📊 **Chart Pattern:** Uptrend with Higher Highs & Higher Lows
🎯 **Short-Term Target:** $3,020
**🔹 Key Levels:**
- **Support:**
- $3,012 (7 EMA)
- $3,008 (21 EMA)
- $3,003 (50 EMA)
- **Resistance:**
- $3,015 (Immediate)
- $3,020 (Psychological Level)
**✅ Trade Setup (Scalping Strategy):**
- **Entry:** On retracement near $3,012 (7 EMA)
- **Stop-Loss:** Below $3,008
- **Take Profit:** $3,020
📢 **Gold is in a strong uptrend. Bullish momentum remains intact unless price drops below $3,008!** 🚀
GOLD → Consolidation for continued growth. 3025?FX:XAUUSD is consolidating between 2981 - 2993. After strong growth there is no hint of a possible reversal, and consolidation above the channel boundary indicates readiness to continue growth
The gold price remains below the record $3,005 but is supported by the trade war, geopolitical tensions and expectations of Fed policy easing. The escalating US conflict with Yemen, the escalation in Gaza and possible talks between Trump and Putin are boosting demand for defensive assets. China's stimulus is also supporting prices. U.S. retail sales data may influence the dollar and further gold movement, but investors are cautious in anticipation of the Fed meeting.
Resistance levels: 2993, 3008
Support levels: 2891, 2956
Consolidation is being formed, regarding which, against the background of the bullish trend, two strategies can be considered:
1) resistance breakdown and consolidation above 2993 with the purpose of growth continuation
2) false breakdown of support 2981 and further growth after liquidity capture.
Regards R. Linda!
OMUSDT → Paranormal behavior. Rally readinessBINANCE:OMUSDT as a whole looks stronger than the market. After a strong rally a correction in the format of a bearish wedge is formed, subsequently the price broke the resistance and is trying to consolidate above the key support
Against the background of a weak market OM coin has good prospects as technically someone is interested in this project and the coin as a whole behaves strongly and looks stronger than the market.
A breakout of the bearish wedge (consolidation pattern within the correction) is forming. If the bulls keep the coin above the previously broken figure resistance and above the base of the 6.752 reversal pattern, the growth may continue in the short to medium term
Resistance levels: 7.39, 7.98
Support levels: 6.752, 6.51
One of the few coins that is rising while bitcoin is falling. Focus on the previously mentioned support levels, as well as on the local resistance 7.05, the break of which may provoke a prolongation of growth
Regards R. Linda!
GBPUSD → Consolidation after a trend breakout. Long-Squeeze?FX:GBPUSD may test the local support amid the pre-news correction of the DOLLAR. Traders are waiting for inflation data, high volatility is possible
The fundamnetal situation is predisposed in favor of the pound sterling, which has an advantage on the back of the falling dollar, which is likely to take a medium-term position on the back of the Trump administration.
Technically, GBPUSD is consolidating above the key support zone of 1.286 - 1.280 below which a huge pool of liquidity has formed which could be tested before the trend continues.
Important news ahead. Traders are waiting for CPI data. High volatility is possible
Resistance levels: 1.2938 (trigger)
Support levels: 1.2868, 1.281, 1.2728
Bulls may be aggressive and keep the price from correcting downwards. In this case, price consolidation above 1.2938 could be a good entry point for the continuation of growth. But because of the upcoming news, I would prefer to wait for a retest of the liquidity zone 1.2868 - 1.281 before taking action to open a position.
Regards R. Linda!
Bajaj Finance Elliott Wave Analysis – Triangle Before Next move? The daily chart of Bajaj Finance suggests an ongoing Elliott Wave triangle correction in Wave (4). Currently, the price appears to have completed Wave (d) near the upper trendline resistance, indicating a potential pullback towards the lower boundary (~₹6,533) to form Wave (e). If this structure holds, we could see a strong bullish breakout in Wave (5), targeting new highs.
🔹 Key Observations:
✅ Triangle Formation: Price action is consolidating within a contracting structure.
✅ Wave (d) Completion? Price has touched the upper boundary, signaling a possible correction.
✅ Wave (e) Drop? A move towards ₹6,533 would complete the correction before a bullish leg up.
✅ Upside Target: A breakout from the triangle could lead to a strong rally beyond ₹9,000.
🔹 Strategy:
📉 Short-term: Watching for a potential dip towards Wave (e) for a buying opportunity.
📈 Long-term: Bullish bias remains intact if the structure holds.
🚨 Disclaimer: This is my personal analysis, and I may be completely wrong. This is for educational purposes only and should not be considered financial advice. Please conduct your own research before making any trading decisions. I am not a SEBI-registered analyst.
BAVARIAN NORDIC BAVA LARGE ASCENDING TRIANGLE FORMATIONHello Traders,
Here is my chart idea for Bavarian Nordic. This idea is solely based on me looking at the chart formation and no research has been done into the companies financials, potential upcoming vaccines or anything like that.
The price has been going sideways inside a large ascending triangle for about 22 years now and price movement still looks to be corrective waves not impulsive waves. It looks like the price wants to come down to the bottom trendline and bounce from there. This would also print a low, oversold value on the monthly RSI.
On the weekly chart it looks like the price has just broke down from a head and shoulders.
Lets see what happens.
UNIUSDT.P LongUNISWAP Long from Order block to high liquidity levels (6.320-6.330). Supported with daily triangle pattern. Waiting for bounce from order block and triangle support zone to high liquidity levels
Oil: Pending ShortThis is based on descending triangles being bearish setup. So I would think that there are 2 entry points:
1. When it touches the upper trendline, or better yet,
2. When it breaks down from the lower trendline.
BITCOIN → Short-squeeze 86-89K before falling further to 75KBINANCE:BTCUSD continues to form a downtrend after breaking the bullish structure on the weekly timeframe. There is no bullish driver yet, and technically, the price is heading to the global imbalance zone of 75-73K
The past crypto summit and any other talk of cryptovalt support cannot support the market. Such events end with further market decline.
Technically, the market continues to form a downtrend (global counter-trend), based on this alone, we can say that the price is now going against the crowd and this is generally logical behavior. Globally, the zone of interest is located in the following zones - 75K, 73K and order block 69-66K
Locally, I would emphasize the nearest liquidity zones, located at the top, which can be tested before the further fall: 86697, 89.397
Resistance levels: 85135, 86678, 89397
Support levels: 79987, 78173, 73512
After the false break of 78K support there is no strong reaction, the market is forming a struggle for 84-85K zone, which generally indicates buying weakness. Before the further fall there may be a short-squeeze relative to the above mentioned zones of liquidity, which may lead to a further fall
Regards R. Linda!
BTC TRIANGLE CHART PATTERN IN 15-MHello Guys Here Is Chart Of BTCUSDT in 15-M AT
Entry Level: SELL Around 84500
Resistance: The upper trendline of the Triangle 84800
Support: Around below our Target 82000
Target Will Be : 82600
If BTC breaks below this level, the Triangle pattern and,And then it went to more further downside could.
Scalping Set up $IOXT$IOXT will exploud after breakout that snr and also asc triangle
just wait until he break that asc triangle!
Goodluck , Dyor!
AUDNZD strong bullish expectations
AUDNZD pair which I am watching last 5 months, other my analysis on AUDNZD are attached, plus I am attach and CADCHF analysis its interesting to look, its almost same based on SYMMETRICAL TRIANGL.
AUDNZD price is make bounce on trend line, its break upper trend line-SYMMETRICAL TRIANGL, plus CHANNEL on 4h TF is visible and its also breaked.
Technicalls on medium and long term are strong bullish, when take all this parameters i am here still bullish.
SUP zone: 1.09200
RES zone: 1.11500, 1.12400
Trading opportunity for ZKUSDTBased on technical factors there is a Buy position in :
📊 ZKUSDT
🔵 Buy Now
🪫Stop loss 0.0635
🔋Target 0.0888
📏 R/R 2
💸RISK : 1%
We hope it is profitable for you ❤️
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GOLD → Distribution phase. One step away from $3000. Up!FX:XAUUSD breaks upward and reaches the intermediate target. After strong growth there is no pullback at all. A consolidation is forming which shows us strong levels.
Gold updates ATH to +2990, preparing to overcome $3,000. Growth is being fueled by Trump's trade war and expectations of a Fed rate cut. Investors are cautious ahead of the Fed meeting. A stronger dollar and hopes for a US-Canada trade truce may temporarily cause a correction, but it is not the strongest factor. However, recession risks and escalation of trade and geopolitical conflicts may increase demand for protective assets, supporting the growth of gold prices
Technically, the price is in consolidation, relative to which there may be a breakthrough of resistance and further growth. Or a local false breakout, correction to support at 2980 and continuation of growth after support retest
Resistance levels: 2993, 3000, 3008
Support levels: 2981, 2956
Thus, if the bulls are able to consolidate above 2993, the price may continue its aggressive growth.
BUT! There is a possibility of correction to the risk (liquidity) zone 2981 - 2977 before gold resumes its growth.
Regards R. Linda!
