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Triangle

GBPJPY eyes breakout with 450 pip potentialGBPJPY is testing key resistance at 196.43 in an ascending triangle. A breakout could trigger a 450+ pip move. EURJPY and Dow Jones show similar setups, adding confluence. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Long
by ThinkMarkets
GOLD LONG🔥 XAUUSD TRADING PLAN – 4H/15M Confluence-Based Setup (as of June 9, 2025) 🧠 Bias: STRONGLY BULLISH (while above $3,290) 🔍 TRADE OVERVIEW Item Detail Pair XAUUSD (Gold) Timeframes 4H (macro bias), 15M (entry precision) Entry Style Scale-in with confirmation from lower TF Risk Type Aggressive with tight SL Target $3,500 (ATH) Stop Loss Initial SL: $3,288 (tight), invalidation SL: $3,280 RR Ratio 1:4+ minimum ✅ ENTRY ZONES (with reasons and confluences): 🔹 Zone 1: $3,294 – $3,308 (LIVE price area) 🔁 Type: Immediate entry on confirmation (15M bullish structure) 📌 Reasons: ✅ 4H Key Support from previous horizontal base. ✅ 38.2% Fibonacci Retracement of major bullish leg. ✅ Demand Zone tapped twice on 4H and 15M. ✅ Bullish Rejection Candles forming in both TFs. ✅ Break and Retest of descending wedge/channel on 15M. ✅ Touch of ascending trendline on 4H — trend still active. 🎯 Entry: Execute small size position now around $3,298–$3,306 📍 SL: $3,288 (below trendline wick trap + structure) 📍 TP1: $3,336 📍 TP2: $3,375 📍 TP3: $3,420 📍 TP4: $3,500 🔹 Zone 2: $3,266 – $3,280 (Deeper pullback entry) 🔁 Type: Scale-in/add-on (limit order) 📌 Reasons: ✅ 50%–61.8% Fibonacci Zone (mean reversion level). ✅ 4H Trendline Deviation Trap Zone (fake-out potential). ✅ Liquidity Sweep Zone below current support = classic entry trap. ✅ Reversal candlesticks expected on 15M here if tested. 🎯 Entry: Set limit orders at $3,274 ±3 📍 SL: $3,258 📍 TP: Same levels — ride toward ATH with scaling logic 🧱 TRADE MANAGEMENT – SCALING STRATEGY Position Entry Zone SL Risk % TP1 TP2 TP3 TP4 Entry #1 $3,298–$3,306 $3,288 0.5% $3,336 $3,375 $3,420 $3,500 Entry #2 $3,266–$3,274 $3,258 0.75% $3,336 $3,375 $3,420 $3,500 Entry #3 (Optional Pullback Buy) $3,230 $3,218 0.5% $3,294 $3,336 $3,420 $3,500 💡 Total Risk: ~1.75% with staggered entries 📈 Scaling Out: Partial profit on each target, trailing SL above structure post TP2 🔁 LIVE MONITORING SIGNALS If you see this... Then do this... Bullish engulfing on 15M in Zone 1 Enter with tight SL Breakout above $3,320 Move SL to BE Retest of $3,294 with strong rejection Re-enter/add-on Clean break down below $3,280 Close position; wait for $3,230 📉 INVALIDATION CONDITIONS Clean 4H close below $3,280 AND break of trendline support Break of 61.8% zone ($3,266) without reversal pattern Sudden fundamental shock (e.g. CPI/NFP ruining trend) 🏁 FINAL TARGET PATH ✅ $3,336 – intraday resistance ✅ $3,375 – minor swing high 🔜 $3,420 – clean breakout zone 🏁 $3,500 ATH – Final TP target, psychological + technical milestone
OANDA:XAUUSDLong
by ForexKid101
BTC: Decision Time Ahead! A Quick Update!!Hey Traders! If you’re finding value in this analysis, smash that 👍 and hit Follow for high-accuracy trade setups that actually deliver! Bitcoin is once again testing the descending trendline resistance on the 4H chart. We're currently at a make-or-break level: A clear breakout above the trendline could trigger a bullish move toward $110K+ A rejection here might push BTC back to the $100K–$98K support zone 📍The green zone remains key — last time, it held as strong support. But without a breakout above $106.5K, bulls are on the defensive. Watch price action closely here — the next big move could start from this very point. What’s your take? Bullish breakout or another dump loading?
Long
by CoreCrypto1
Gold will make impulse up from support line of triangle to 3430Hello traders, I want share with you my opinion about Gold. Some days ago, price entered to triangle, where it made an upward impulse at once to the resistance line, breaking the resistance level. But then price turned around and in a short time declined back, breaking the resistance level one more time. Next, Gold continued to fall and reached the support line of the triangle. After this, it made an impulse up again and exited from the triangle pattern with broke the 3280 level. Price rose to the resistance level and then started to trade inside another triangle pattern. In this pattern, Gold dropped from the 3430 resistance level, which coincided with the resistance line, and dropped to the support line, breaking the 3280 level. After this movement, Gold turned around and started to grow, and later reached the 3280 level and broke it again. Then the price continued to grow and reached the resistance line of the triangle pattern, where at the moment continues to trades near. In my opinion, Gold can rebound from the support line of the triangle and rise to the resistance level, exiting from triangle pattern. For this case, my TP is 3430 level. 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.
THINKMARKETS:XAUUSDLong
by LegionQ8
22
SHREE DIGVIJAY CEMENET AT LONG TERM SUPPORT ZONEThis is the Weekly chart of SHREDIGCEM. SHREDIGCEM is trading near it's long term support zone at 60-70 range. stock has been moving within a long-term parallel channel, with a well-established support zone in the range of ₹65–₹70. Currently, the stock is forming a broadening pattern near its support zone, with the pattern support range between ₹70–₹75. If this level is sustain then,we may see higher prices in SHREDIGCEM.
NSE:SHREDIGCEMLong
by FiveCircles
Euro will correct a little and then continue to move up nextHello traders, I want share with you my opinion about Euro. Observing this chart, we can see how the price entered to upward channel, where it at once dropped from the resistance line to the support line and then started to grow. In a short time price rose to the 1.1210 level, broke it, and even rose a little more, but soon turned around and declined to the support line of the channel. Then the Euro made an upward impulse, and then broke the 1.1210 level one more time and continued to grow inside the channel. Later price reached the resistance line of the channel and then corrected, after which, in a short time rose to the support area, breaking the 1.1400 level. But soon the price turned around and dropped to the 1.1210 level, thereby exiting from channel. Next, Euro continued to grow inside the wedge, where it rose to the current support level and soon broke it. After this, the price rose to the resistance line of the wedge and then corrected, after which it made an upward impulse. Price exited from the wedge, and now I think that the Euro can make a correction, after the rise, and then continue to grow next. That's why I set my TP at 1.1560 points. 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
7
GOLD - Price can drop to support line of triangle patternHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 In this chart price formed a triangle pattern, where it first declined to support line and then made an impulse up. After this, Gold broke $3165 level and, after a small correction reached and broke $3400 level too. Then it rose to resistance line of triangle and dropped below $3400 level, breaking it one more time. Price tried to back up, but failed and dropped more to support line of triangle, after which started to grow. In a short time price rose to resistance line of triangle, which coincided with resistance level and area. Now, I think that Gold can drop from resistance area to $3250 point of support line of triangle. If this post is useful to you, you can support me with like/boost and advice in comments❤️ Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
THINKMARKETS:XAUUSDShort
by WalterMoon
14
DONEAR AT SUPPORT ZONE.This is the Weekly chart of DONEAR. Donear is currently trading near its support zone in the ₹95–₹100 range. The stock is trading within a larger pattern structure (broadening pattern) and is currently moving inside a smaller formation—an ascending channel (in DAILY timeframe) support at 103-105 range. if this level is sustain ,then we may see higher price on ascending channel resistance at 130-135 range and long term resistance of the broadening pattern ......... Thank you !!!!
NSE:DONEARLong
by FiveCircles
Could AAPL Breakout Soon...Symmetrical Triangle Setup...Pre-WWDCAAPL is forming a symmetrical triangle on the 4H chart, setting up for a potential breakout. This neutral pattern, with converging trendlines, signals consolidation before a big move. The upper trendline (resistance) is near $207, and the lower trendline (support) is around $200, with the current price at $205. RSI is neutral at 50, and volume is decreasing—classic signs of an imminent breakout. Fundamental Catalyst: WWDC next week could be a game-changer, with potential AI updates (think “Apple Intelligence” enhancements). Positive news could fuel a bullish breakout, while a “sell the news” reaction might trigger a downside move.
NASDAQ:AAPLLong
by Gutta_CEO_
GOLD → Intra-range strategy. Waiting for NFPFX:XAUUSD remains consolidated in the 3340-3391 range. The price is stuck in the middle of the range due to the uncertainty created by upcoming unemployment news... On Friday, gold rose slightly, remaining within the range ahead of important US employment data (NFP), which could set the direction for the market. Optimism over the US-China deal and profit-taking on the dollar are supporting the USD, holding back gold's rise. A weak NFP (less than 100,000) will reinforce expectations of a Fed rate cut and support gold. A strong report (above 200,000) will have the opposite effect. The probability of a rate cut in September is 54%. Technically, on the daily timeframe, the market structure is bullish. After a sharp breakout of resistance and a new high, the price is consolidating above the upward trend line, forming a plateau in the 3300-3340 zone. Another shakeout from support is possible before the trend resumes Resistance levels: 3375, 3391, 3414 Support levels: 3339, 3331 Forming a price forecast ahead of news, especially ahead of NFP, is a thankless task. Therefore, it is advisable to wait for the news and monitor the price reaction. A retest of the consolidation boundary and a rebound are possible. There is a chance that the price will remain in consolidation until next week, but again, it all depends on the fundamental background... Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
9
Intel poised for a breakoutIntel NASDAQ:INTC is quite possibly poised for a breakout, as we look at a triangle formation here on the 3W chart, roughly ten months in the making, beside consolidating momentum. Longer term timeframes are good for determining the main trend in a stock's price. On the short term 4H timeframe, better suited for trade entry and exit signals, an inverted head & shoulders pattern has formed both in price and momentum. Fundamentally, Intel shares are arguably cheap, with a discount to Net Asset Value that began in 3Q 2024. A stock trading at a discount to net asset value is selling for less than the per‐share value of its assets minus liabilities.
NASDAQ:INTCLong
by quickshiftinn
1
HelenP. I Euro may continue to decline to trend lineHi folks today I'm prepared for you Euro analytics. In this chart, we can see how the price reached the trend line and then started to grow inside a triangle pattern. Price some time traded near the trend line and then made an impulse up to the support level, which coincided with the support zone, and then made a correction, after which it turned around and made an impulse up one more time, breaking the support level. The euro reached the resistance level, which coincided with the resistance zone, and then made a small correction, after which it continued to move up and rose to the resistance line of the triangle. But then the Euro dropped below the resistance level, breaking it, and then continued to decline, after a retest. Price fell to the support zone, where it rebounded from the trend line, which is the support line of the triangle as well, and then started to grow. The euro has grown to a resistance zone, but recently it started to fall and now trades below the 1.1425 resistance level. So, I think that EURUSD will enter to resistance zone one more time and then continue to fall to the trend line. For this case, I set my goal at 1.1305 points, which coincided with this line. If you like my analytics you may support me with your like/comment ❤️ Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Short
by FirstNameHelen
5
Crude Oil (WTI) Daily Chart AnalysisCrude Oil (WTI) Daily Chart Analysis Pattern Formed: A Symmetrical Triangle formation is clearly visible. Context: The prior trend leading into the triangle was bearish. Typically, in technical analysis, a triangle after a downtrend is considered a continuation pattern — meaning there is a higher probability that the price will break downward. The triangle appears to have completed its 5-wave internal structure (ABCDE), a classical behavior of contracting triangles. Breakout Expectation: After a completed 5-wave triangle, a breakout is imminent. Directional Bias: Since this triangle is forming after a strong downtrend, the higher probability is for a bearish breakout. However, triangles can break either way, and when they do, the move is often impulsive. Potential Scenarios: Bearish Breakdown (High Probability): A downside break would likely trigger a sharp fall. Immediate support levels to watch post-breakout: $60.00 $56.50 $46.75 (measured move — target derived from the height of the triangle projected downward) Bullish Breakout (Low Probability but Possible): In case of an upside breakout, resistance zones are: $72.00 (supply zone + previous highs) $78.00 Upside could see sharp momentum but is less likely unless there is strong fundamental support (e.g., geopolitical tensions, production cuts). Volume Confirmation: Volume typically contracts during triangle formation. Post-breakout, volume expansion is essential to confirm the breakout direction. Indicators (Suggested Additional Confirmations): Watch for RSI — if divergence forms, could signal weakness. Monitor MACD for crossovers at breakout zones. Summary Triangle Completed: 5-wave structure inside the triangle — ready for breakout. Bias: Bearish continuation pattern — higher probability of a downward move. Trigger: Breakout of the triangle boundary with volume expansion will confirm the next move. Targets (Post-Breakout): Downside: $60 ➔ $56.5 ➔ $46.75 Upside (less probable): $72 ➔ $78 ⚠️ Disclaimer: This analysis is based purely on technical chart patterns and historical price action. Trading and investing involve substantial risk. Always perform your own due diligence or consult a financial advisor.
FX:USOIL
by shiva560060
2
RIVN 1D — It’s Time to Buy: Setup UpdateThe setup on Rivian (RIVN) just got upgraded from “interesting” to “strategically significant.” We’re looking at a textbook symmetrical triangle that’s been developing since July 2023, with a clean breakout and retest on the weekly trendline. The breakout was followed by a bullish retest, right at the intersection of the triangle base and the key trendline. Volume kicked in, price held — and that’s what smart money calls confirmation. Now, the Golden Cross is live: the 50-day MA just crossed the 200-day MA from below. Price is confidently holding above both — momentum is shifting hard. Fibs from the bottom (10.22) to the last local top (17.05) project the first target at $17, and the extended Fibonacci confluence gives us $25.64 as a long-range goal (2.618 extension). The weekly trendline — which acted as resistance for over a year — has flipped to support. Price action respects it, bulls are loading, and structure is clean. This is not just a bounce. It’s a technical rotation from accumulation to expansion. The time to talk about potential is over — price action has spoken.
NASDAQ:RIVNLong
by TotoshkaTrades
5
EURO - Price can drop to $1.1280, breaking support levelHi guys, this is my overview for EURO, feel free to check it and write your feedback in comments👊 A few days ago price broke $1.1375 level and then entered to triangle pattern, where it at once dropped from resistance line. Price fell to $1.1375 level, where it some time traded between and then continued to decline to $1.1220 level. When Euro declined to this level, it at once broke this level and fell to support line of a triangle pattern. Next, price turned around and in a short time rose higher than $1.1220 level, breaking it and continued to grow next. Euro rose to resistance line and then corrected, after which it made an upward impulse, thereby exiting from triangle. Now, price traded inside resistance area, near $1.1375 level, and I think EUR can drop to $1.1280 If this post is useful to you, you can support me with like/boost and advice in comments❤️ Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Short
by WalterMoon
8
GOLD → Retesting resistance may lead to a breakoutFX:XAUUSD is still bullish. The price is consolidating in the range of 3390-3345, with an intermediate bottom forming inside the channel, which overall indicates positive signs. On Thursday, gold is consolidating ahead of $3390. Consolidation after growth, within a bullish trend, is a good sign. But, on the one hand, the price is supported by growing tensions between Russia and Ukraine. On the other hand, optimism about US trade negotiations with Canada, the EU, and China is strengthening the dollar and holding back demand for gold. Additional pressure on the dollar is coming from weak US macro statistics, especially ADP data and the decline in the ISM Services PMI, which have reinforced expectations of Fed policy easing. Traders are waiting for further signals from the regulator. Resistance levels: 3391.4, 3414, 3435 Support levels: 3365, 3345 Technically, gold is rising and forming a retest of consolidation resistance. If the 3391 level is broken, the price may head towards 3435. Before breaking through resistance, a correction or retest of 3365 may form. However, consolidation near 3391 and a gradual squeeze towards the level will increase the chances of a breakout and growth. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
13
GOLD (XAUUSD): Strong Bullish Pattern Following my previous analysis, Gold in going up. Your next signal to buy will be a bullish breakout of a neckline of an ascending triangle pattern on a 4H time frame. A 4H candle close above 3392 will confirm a violation. Next resistances will be 3408 / 3428 ❤️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
1