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Triangle

Bitcoin can fall to buyer zone and then start to growHello traders, I want share with you my opinion about Bitcoin. A while ago, the price entered a downward channel, where it immediately rebounded from the resistance line and dropped to the resistance level, which aligned with the seller zone. After that, BTC bounced back up, rising to the resistance line of the channel before falling to the support line. However, it quickly climbed back to the seller zone before continuing its decline within the downward channel. Later, the price reached the 99000 resistance level, reversed, and dropped to the support level, which coincided with the buyer zone. Eventually, it broke through this level, exiting the downward channel. After that, Bitcoin started trading within a triangle pattern, where it made a sharp upward impulse from the support line to the resistance line, followed by a correction to the 84400 support level. Recently, BTC rebounded from this level and attempted to grow but failed, and now it is trading near the support line of the triangle. In my view, Bitcoin could decline to the buyer zone, breaking out of the triangle pattern before beginning a new upward movement. Based on this, my target is set at 93000. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
19
GOLD → Long-sqeeze (double bottom) before breakout 2926FX:XAUUSD is forming the maneuver we need regarding the previously mentioned consolidation. False break of support on the background of the rising market, we discussed it with you yesterday. The reaction is the formation of a reversal set-up and bullish momentum This week the markets are awaiting the JOLTS jobs report (today) and CPI data (Wednesday), which could provide fresh impetus to prices. Additional pressure comes from expectations of US-Ukraine peace talks, a possible mineral agreement and ongoing trade tensions related to Trump's protectionism. However, a weaker dollar and lower bond yields are supporting gold, limiting its losses Gold may test yesterday's high and after a slight pullback continue to rise with a target of retesting the 2926 consolidation resistance. The market structure is bullish at the moment and it plays to our advantage.... Resistance levels: 2918, 2926, 2942 Support levels: 2905, 2893.5, 2880 At the moment the price is still in consolidation, but the price is forming a bullish rally due to the collected liquidity in the Asian session. The local pattern “double bottom” is formed (false breakdown of support) and the next target is the resistance of consolidation 2926. Also focus on 2918 - possible retest and pullback to 0.5 fibo before the price will storm 2926. Regards R. Linda!
FX:XAUUSDLong
by RLinda
6
GOLD → Strong consolidation. What could happen?FX:XAUUSD is consolidating in the range of 2926 - 2890. The market is generally bullish, but there is a high probability of a short / long-squeeze before the strong news, which will be on Wednesday. Markets are waiting for data on inflation and employment in the U.S., which may affect the Fed's decisions. Despite a weaker dollar and expectations of monetary easing, Fed chief Jerome Powell remains cautious. Gold demand is supported by China, which is increasing purchases, as well as growing fears of stagflation in the US. However, traders are keeping an eye on new economic data and the impact of Chinese tariffs on US goods Technically, the focus is on 2926 - 2890. The ideal scenario in a bull market would be a false break of the support at 2893 - 2890 and further growth due to the change of imbalance in the market after liquidation and liquidity capture. But, based on the current situation (strong range) there is a high probability of short-squeeze or long-squeeze. Resistance levels: 2926, 2942 Support levels: 2893, 2890 At the moment the emphasis is on 2926. Formation of pre-breakout consolidation, further breakout and price consolidation above the resistance can provoke a bullish impulse. But the difficulty is that the support has not been tested yet. If the price approaches 2926 very quickly, a false breakout could be made and in that case the price could go down to 2890 to retest the liquidity zone before storming 2926 for further upside. Regards R. Linda!
FX:XAUUSDLong
by RLinda
9
Bullish Ascending Triangle Pattern EUR/CAD✅ **EUR/CAD Trade Idea with Risk Management** ✅ 📈 **Trend:** Bullish continuation (possible breakout) 📊 **Entry:** Buy above **1.561** after confirmation 🎯 **Take Profit (TP) Levels:** - **TP1:** 1.564 - **TP2:** 1.568 - **TP3:** 1.572 🔻 **Stop Loss (SL):** **1.555** (below support level) ⚠️ **Risk Management:** Always use **1-2% risk per trade** to protect capital. 📌 **Trade Wisely & Stick to Your Plan!** 🚀
Long
by TradingStar090
BTC Trend Based Fib Extension Levels & Descending Triangle 10/03Old Range Trend Based Fib Extension: An idea based on previous range when price was at 50k. Notice fib levels from fib extension pulled from A to B to C how the levels were respected. New Range Trend Based Fib Extension: New range = Trend Based Fib Extension from Higher High to the range low and then to the lower high. Notice the fibs how they are respected! Fib Speed Resistance Fan: Also, pulled out the magic Speed Fan resistance, the old trick from the hat (thanks to Chart Champions). Fib Speed Fan Pull A to Fib Speed Fan Pull B. 0.75 always a massive support! Currently at 0.618 support. Decending Triangle: Bullish no doubt, the descending triangle pattern. Seems well respected now at the possible bottom. Just an idea. Happy trading. :) Using Fibs in this example as a guide. Just looking at this in hind sight. That bloody 0.382 at the top of both ranges that once lost seems a big one for down side. BUT, seems when reclaimed, its another story! :) (wink wink)!
by hmaroudas
2
GBPCAD: One More Wave Ahead?! 🇬🇧🇨🇦 GBPCAD is positioned to continue rising to new highs. A bullish breakout of a neckline of the ascending triangle pattern on a 4H time frame provides a strong trend-following bullish signal. With a high probability, the price will reach 1.868 level soon. ❤️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.
Long
by VasilyTrader
2
Powell’s Speech & Bitcoin’s Decline: Is More Downside Ahead? Today, Fed Chair Jerome Powell is set to speak, and traders should brace for potential market volatility! Given the recent economic data , his tone is likely to be balanced but leaning hawkish . Why a More Hawkish Powell? 1- Strong Job Market : Unemployment Rate : 4.1% (Still low) Non-Farm Payrolls (NFP) : 151K (Decent, but lower than before) Average Hourly Earnings : 0.3% (Steady wage growth) This suggests that the labor market remains resilient, which might discourage the Fed from cutting rates too soon. 2- Inflation Still a Concern : Wage growth and inflationary pressures persist, which means Powell may emphasize keeping rates steady longer to combat inflation. 3- Markets Are Too Optimistic on Rate Cuts : Investors are heavily betting on rate cuts in 2024, but Powell may push back against these expectations to prevent excessive risk-taking. Powell will likely maintain a cautious yet hawkish stance to manage expectations. Big price swings are expected across forex, crypto, and commodities—so stay alert! (Of course, this is just a personal analysis). In addition to Donald Trump , Signs Executive Order to Create Bitcoin Strategic Reserve Of course, today, we didn't see any strange movement in Bitcoin, and probably, the proverb " buy the rumor, sell the news " was fulfilled. ---------------------------------------------------------- Now let's take a look at the Bitcoin chart on the 1-hour time frame and also take help from technical analysis tools . Bitcoin ( BINANCE:BTCUSDT ) is in a Heavy Resistance zone($93,300_$89,250) and has started to decline from Potential Reversal Zone(PRZ) . From a Classic Technical Analysis , Bitcoin appears to move in a Symmetrical Triangle . According to Elliott Wave theory , Bitcoin has completed the Double Three Correction(WXY) , and we should wait for the next bearish wave . I expect Bitcoin to attack 200_SMA(Daily) again after breaking the lower line of the Symmetrical Triangle . Note: Bitcoin is likely to pump more if the symmetrical triangle's upper line breaks. 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
54
GOLD - Price can exit of triangle and then drop to support levelHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 A few moments ago, the price entered a wedge, bounced from the support line, and rose to the resistance area. Also, price breaking $2845 level and then it turned around and made correction from resistance area to support line. Then Gold rose to resistance area again, where it some time traded and then dropped to support level. Thereby price broke $2935 level and exited from a wedge, after which it started to trades inside a triangle. In this pattern, price made a gap and then rose to resistance line of the triangle, after which made correction. Now, I think that Gold can exit from a triangle and then start to decline to $2860 If this post is useful to you, you can support me with like/boost and advice in comments❤️
OANDA:XAUUSDShort
by WalterMoon
4
HelenP. I Bitcoin can small correct and then continue to growHi folks today I'm prepared for you Bitcoin analytics. Looking at this chart, we can see that the price rebounded from the resistance zone and dropped to the support level, eventually reaching the trend line. After that, it reversed and started moving upward within a triangle pattern, where it soon broke through the 80400 support level before climbing to the resistance level. Shortly after, BTC broke this resistance as well and surged to 94700, before pulling back to the trend line, breaking through the 88500 level. However, the price then bounced off the trend line and quickly climbed back to the resistance line of the wedge, breaking the resistance once again. It traded near this level for some time before starting to decline, eventually dropping to the support level, breaking the resistance level, and exiting the triangle pattern. Recently, BTC has shown signs of recovery, and in my view, it may make a slight correction before continuing its upward movement toward the trend line. Based on this scenario, my goal is set at 86700, which aligns with this trend line. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
7
GBPAUD → Correction to strong support before continuing growthFX:GBPAUD is forming a range with a consolidation target after breaking the base of the ascending triangle. The pound is correcting due to the dollar Technically, on the daily timeframe we have a strong bullish structure, the price is trying to accelerate after breaking the trend resistance, but against the background of the dollar correction the pound sterling is also making a small pullback. There are no strong fundamental changes and the general direction may continue. At the moment the focus is on ob, located in the zone of 2.0285, as well as the liquidity zone, which is located below 2.0285 + weekly low - 2.015, which also hides a huge pool of liquidity that can be tested. Resistance levels: 2.05088 Support levels: 2.0285, 2.0151 On the background of the uptrend and the correction to the support after the update of the maximum, we can consider the strategy - false breakdown of the support with the purpose of continuation of the growth. Emphasis on 2.0285 - 2.015 Regards R. Linda!
Long
by RLinda
1
BITCOIN → The fall continues... 82K → 76K → 73KBINANCE:BTCUSD is in a sell zone. Trump's comments on the federal reserve, crypto summit failed to impact the crypto market other than a global shakeup and liquidation... The market has failed to see a proper bullish driver, so far. Trump's comments on the Fed ended in a global shakeup (liquidation). Yesterday's summit went so far as to prevent the cryptovalt market from turning green. Technically. Global growth is temporarily halted, the flagship is moving into a deep correction phase, with 73K still the primary target. The market needs liquidity, as it will not be possible to grow at the expense of buyers and only bullish leverage all the time. Price is forming a 90K - 82K range in the short zone after exiting the global consolidation. False break of 91K resistance ( global consolidation support ) ended with a fall, which may continue to both 82K and 73.5K. Resistance levels: 89400, 91K, 93K Support levels: 82K, 78K, 73K The key zone of interest and liquidity is 73-66K. The price is working on a false break of resistance, the imbalance of forces in favor of bears, thus the first stop may happen in the zone of 82K ( lower boundary of the range ). Further it is necessary to observe the reaction to the support. Consolidation, breakdown and consolidation below 82K will provoke a fall to lower targets. Regards R. Linda!
BINANCE:BTCUSDShort
by RLinda
71
Bitcoin - Historical trap (122k then 60k in 2026)Bitcoin is in the final stage of the bullish cycle, and we want to look for the best price to sell and prepare for the 2025/2026 bear market! The best price to sell Bitcoin is at the 1.618 FIB extension or at the main long-term 2017-2021-2025 trendline. This is exactly at 122,069, as we can see on the chart. Many people are saying that it's over for Bitcoin and that Trump's post was a giant trap. I think we will see a final 2 waves on Bitcoin to form an ending diagonal wedge pattern (1-2-3-4-5). Bitcoin is in wave 3. I am also bullish because of the 50-week moving average. Historically, Bitcoin reacted to this MA very precisely. I always recommend using simple moving averages with 20, 50, 100, and 200 periods because this is what the big players are using as well. These MAs are very popular among giant institutions, banks, and investors. I think a huge altseason should kick in anytime soon now because Ethereum is very undervalued, and BTC.D needs a break as well. ETH could be a much better choice for the final 2025 pump. Write a comment with your altcoin + hit the like button, and I will make an analysis for you in response. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
BITSTAMP:BTCUSDLong
by Xanrox
149
GOLD - Price can correct to support level and then start to growHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 The chart shows how the price rose in a rising channel, reaching the $2925 level before breaking it. Then it touched resistance line of channel and made correction to $2925 level, where it some time traded. After this, price moved up and then started to decline inside a triangle, where it soon exited from channel. Next, price broke $2925 level and declined until to support line of the triangle, breaking $2880 level too. But soon, Gold made strong movement up, breaking $2880 level and rose to resistance level, after which it corrected. Now, I think that XAU can exit from a triangle, fall to support level and then start to grow to $2940 If this post is useful to you, you can support me with like/boost and advice in comments❤️
OANDA:XAUUSDLong
by WalterMoon
7
BJs Wholesale 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 # BJs Wholesale Club Holdings Stock Quote - Double Formation * A+ Set Up)) | Completed Survey At 34.00 USD * 012345 Wave Feature & Entry Bias| Subdivision 1 - Triple Formation * ((Triangle Structure)) | Continuation Area | Subdivision 2 * 0.618 Retracement Area | Subdivision 3 * Daily Time Frame | Trend Settings Condition - (Hypothesis On Entry Bias)) * (Uptrend 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
CAPITALCOM:BJLong
by TradePolitics
Palantir’s Uptrend May Be at RiskPalantir Technologies has climbed steadily since the summer, but some traders may think the run is nearing an end. The first pattern on today’s chart is the series of higher lows since early August. The software company is now under that line, which may suggest its uptrend is at risk. Second, PLTR has made lower highs while holding its February 3 low of $78.47. That descending triangle is potentially bearish. Third, prices have failed to hold the 50-day simple moving average. Is its intermediate-term direction changing? Fourth, the 8-day exponential moving average (EMA) is below the 21-day EMA. Prices also hit resistance at the 8-day EMA yesterday and MACD is dropping. Those patterns may be consistent with a short-term downtrend. Finally, PLTR is one of the most active underliers in the options market. (It’s averaged about 1.3 million contracts per day in the last month, according to TradeStation data.) That could make some traders look to position for moves with calls and puts. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. Options trading is not suitable for all investors. Your TradeStation Securities’ account application to trade options will be considered and approved or disapproved based on all relevant factors, including your trading experience. See www.TradeStation.com . Visit www.TradeStation.com for full details on the costs and fees associated with options. Margin trading involves risks, and it is important that you fully understand those risks before trading on margin. The Margin Disclosure Statement outlines many of those risks, including that you can lose more funds than you deposit in your margin account; your brokerage firm can force the sale of securities in your account; your brokerage firm can sell your securities without contacting you; and you are not entitled to an extension of time on a margin call. Review the Margin Disclosure Statement at www.TradeStation.com . TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NASDAQ:PLTR
by TradeStation
GOLD → Consolidation ahead of NFP. What can happen?FX:XAUUSD is heading for resistance after a false breakdown of 2895. The market continues to test 2926 with the aim to break this zone. There is news ahead and the risks of increased volatility are growing. Markets remain jittery over Trump's tariff plans, which supported gold demand. Trade tensions and mixed U.S. jobs data are adding to inflation risks, which could weaken the dollar. All eyes are on the NFP report. Based on the analysis of the last few reports, a rough conclusion is that on average in the first 15 minutes, weak data led gold to rise 60 points and strong data led gold to fall 50 points However, other factors such as inflation and data revisions may dampen the market reaction. The final effect depends on investors' assessment of the Fed's future policy. Resistance levels: 2926, 2942 Support levels: 2912.5, 2909.5, 2895 Before the news, the price may test 2926 with a false breakout (MM trap for liquidity) and roll back to the nearest support. But further prospects depend on the news. Gold is in consolidation 2926 - 2895. On the background of possible weak data gold may overcome 2926 and accelerate to ATH. Strong data may provoke profit taking and correction to 2895 - 2875 Regards R. Linda!
FX:XAUUSDLong
by RLinda
9
Bitcoin Slumps as Trump’s Crypto Reserve Plan Avoids Market BuyU.S. President Donald Trump has signed an executive order establishing a U.S. strategic crypto reserve, but rather than direct market purchases, it will be funded using previously seized tokens. Unsurprisingly, Bitcoin has slumped on the news. Now sitting in a symmetrical triangle pattern after entering from above, Bitcoin is threatening to resume its bearish trend. A downside break of triangle support would put $81,500, $78,206, and the 200DMA in play. If the latter gives way, there’s little in the way of technical support until $71,900. On the topside, Bitcoin struggled above $92,000 earlier this week, making it a key level to watch if triangle support holds. Good luck! DS
FOREXCOM:BTCUSDShort
by FOREXcom
CRUDE is looking weak. Price connection is expected#CRUDE #Analysis Description --------------------------------------------------------------- + Crude has formed a nice descending triangle pattern and price has broken down the support line which formed over the years. + A clear breakdown from this support would push down the prices further. + Next target is 50-40$ range. --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
TVC:USOILShort
by VectorAlgo
EUR/USD Analysis – Invitri Strategy Masterclass Date of Analysis[/b Status: COMPLETED as predicted! On 24th Feb, we shared this clear Elliott Wave setup using our exclusive Invitri Strategy under Green Fire Forex. Here’s how the move played out step by step: Wave 1-2: Formed the base structure. Wave 3: Strong breakout, as expected – the most powerful wave. Wave 4: Beautiful correction holding between 50%-78% Fibonacci, creating a bullish flag pattern. Wave 5: Final push completing the impulse, exactly as predicted. Entry: After Wave 4 breakout confirmation (red zone). Target: Wave 5 completion (achieved successfully). Result: Full 0–5 wave structure completed with precision. What’s next? Now watching for an ABC correction to unfold from here. Why Invitri Strategy works: Combines Elliott Wave + Fibonacci + Chart Patterns. Focuses on breakout confirmations. Gives high-confidence trades with perfect risk-reward setups. Stay tuned for the next move! —
by Greenfireforex