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HelenP. I Gold can break resistance level and continue move upHi folks today I'm prepared for you Gold analytics. At the moment, price is forming a tightening triangle structure, and the market appears to be respecting both the horizontal support levels and the rising trend line that frames the lower boundary of this pattern. After bouncing strongly from the support zone around 2970 - 2940 points, the price rebounded right off the trend line, confirming it once again as a key structural level. Recently, XAU approached the resistance zone between 3205 and 3230, which has acted as a cap for the price several times before. But this time, the move into resistance comes from a place of strength. Momentum is building steadily after each pullback, and buyers have consistently stepped in near the ascending support. Given the context sustained higher lows, compression within a triangle, and a base forming just under resistance, there’s a strong chance the price could push through the 3205 level on a renewed attempt. A clean breakout above this resistance, followed by a retest, would offer strong confirmation that bulls are ready to extend the move. That’s why I’ve set my current goal at 3320 points, which almost aligns with the upper range of the triangle projection. 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.
THINKMARKETS:XAUUSDLong
by FirstNameHelen
2
EURUSD: Bearish Continuation After Breakout 🇪🇺🇺🇸 EURUSD broke and closed below a significant horizontal support this week. After a retest of a broken structure, the price formed a descending triangle pattern on a 4h time frame. Its neckline violation is a strong bearish confirmation signal. The price is going to continue falling next week. Next support - 1.11 ❤️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.
Short
by VasilyTrader
1
GUN/USDT – Breakout Retest in Play!🚀 GUN Breakout Alert – 100% Potential Incoming?! 👀🔥 Hey Traders! If you're all about high-conviction plays and real alpha, smash that 👍 and tap Follow for more setups that actually deliver! 💹💯 GUN just completed a clean breakout from a long-term symmetrical triangle and is now retesting the breakout zone — a classic bullish continuation signal! 🔁 ✅ Strong breakout followed by healthy pullback ✅ Retesting previous resistance turned support ✅ Perfect technical structure for a potential explosive move ahead 💥 📍 Entry: CMP and add more around $0.051 🎯 Target: $0.107 🛑 SL: Close below $0.047 📊 Leverage: Use low leverage (Max 5x) for safety Momentum looks primed for another 100%+ rally if support holds. Let’s ride this wave! 🌊 What do you think about this? Share your views in the comments section.
Long
by CoreCrypto1
BTCUSD 4H Triangle Compression. Watch for Breakdown Below 100.7KBitcoin is currently trading within a well-defined symmetrical triangle on the 4H timeframe, showing tightening price action between lower highs and rising support. The price is compressing just under the triangle resistance (~104.4K) and approaching a key decision point. Key Technical Observations: • Structure: Symmetrical triangle • Support: ~100,762 (also aligns with 55 SMA on higher timeframe) • Resistance: Descending trendline capped at ~104,400 • RSI: Sitting at 51.26, indicating indecision • Volume: Modest increase, not yet showing breakout conviction • 0.5 Fib retracement level lies at 99,585, potential first support on breakdown What I’m Watching For: • A 4H or preferably daily candle close below ~100,762 • RSI dropping below 40 to confirm bearish momentum • Volume spike to validate breakout strength If Confirmed Breakdown: • TP1: 99,585 • TP2: 98,000 zone • SL: High of breakdown candle or above prior structure highs (~104K) • Bearish momentum needs to be strong to avoid false breakdown traps This is not a trade yet—just a technical setup in play. Watching for confirmation before engaging. Time to stay patient.
INDEX:BTCUSD
by BitcoinMillio18
EURUSD - Aggressive, Medium & Conservative Target IdeasEURUSD offers an excellent example of how a countertrend trader can take a trend continuation approach to involving themselves in a trade. After violating a previous high, the Euro has started to retrace. no despite already reaching our conservative prediction point, I do think that there is an opportunity for it to travel lower and that's what we're looking at in today's video. As we head down to the 1 Hour timeframe we can see that price action ended the week by violating and confirming a descending triangle. With price now retracing back into that previous zone of support (which should now act as resistance), there's the potential to hop on the next move down while achieving some extremely good risk/reward ratios. If you have any questions, comments, or just want to share an idea, please do so below! Akil
Short
by Akil_Stokes
2
GOLD → The fight for 3,200 continuesFX:XAUUSD has recovered after a bearish distribution. The price has returned to the range but continues to test the fundamental threshold of 3200. The fundamental background has been gradually improving recently, which is putting pressure on the gold market, increasing the profit-taking ratio and the level of sales. After the resolution of the tariff war, all attention has shifted to the negotiations between Russia and Ukraine, and de-escalation could also reduce economic risks. As well as the escalation of the conflict in the Middle East... Technically, the price is returning to the range after a deep false breakout but is facing strong resistance and pressure from sellers. Further developments depend on the 3200 level, which is of fundamental importance. Resistance levels: 3225, 3236, 3257 Support levels: 3204 - 3200, 3194 The battle for the 3200 area continues, with bulls likely to try to keep the price above 3200, in which case the market may test the 0.5-0.7 Fibonacci zone. However, given the recent improvement in fundamentals, the price may return from these zones of interest to 3200 with the aim of continuing the assault to break through and continue the downtrend. Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
12
GBPJPY → Return to range. Possible price decline.FX:GBPJPY is forming a local bearish trend amid a correction in the dollar. The price is returning to the range and entering strong resistance. Amid a correction in the dollar, the Japanese yen is strengthening, putting pressure on the currency pair. GBPJPY is returning below a strong level (within the range) and consolidating in the selling zone, which could trigger a continuation of the decline towards areas of interest. Technically, the global trend is neutral and the currency pair is forming a rebound from strong downward resistance. If the bears keep the price below 193.45 - 193.74, the local downward trend may continue. Resistance levels: 193.45, 193.74, 194.22 Support levels: 193.04, 192.35, 191.65 Price consolidation below 193.74 - 193.45 will confirm that bears are holding the range resistance. The sell-off may continue, and in this case, the price will head towards the indicated zones of interest and liquidity. Best regards, R. Linda!
Short
by RLinda
3
Descending Triangle Pattern Breakout - MedplusTechnical Analysis: Current Price: ₹885 Stop Loss: A closing basis stop loss at ₹785 provides a defined risk level. Target: Your target of ₹1500 suggests a significant potential upside. Descending Triangle Breakout: A breakout from a descending triangle is typically considered a bearish signal, indicating a potential continuation of a downtrend. However, in some cases, a breakout in the opposite direction (above the upper trendline) can occur, which would be considered bullish. It's crucial to confirm the direction of the breakout you are observing. Time Frame: A 3 to 6-month timeframe is reasonable for a pattern like this to play out. Understanding Descending Triangle Breakouts: Typical (Bearish) Scenario: In a typical descending triangle, the price makes lower highs while the lows remain around a horizontal support level. The breakout usually happens below this support, indicating further downside. Atypical (Bullish) Scenario: If the price breaks decisively above the descending upper trendline of the triangle, it can signal a bullish reversal or a strong upward move, negating the typical bearish implication. This is what you seem to be anticipating. Key Factors to Consider for a Bullish Breakout: Breakout Confirmation: For a bullish scenario, the price needs to break clearly above the upper descending trendline of the triangle with strong volume. Sustainability: The price should sustain above the breakout level and not fall back into the pattern. Market Context: The overall market sentiment and the performance of the pharmaceutical/healthcare sector can influence MEDPLUS's price action. Company Fundamentals: While you haven't mentioned fundamental analysis, it's always wise to consider the company's financial health and future prospects alongside technical patterns. Recent positive financial results for MEDPLUS could support a bullish move. Target of ₹1500:
NSE:MEDPLUSLong
by sara54654
Bitcoin can drop from wedge to 100K pointsHello traders, I want share with you my opinion about Bitcoin. After consolidating for an extended period within a triangle pattern, the price eventually broke out with strong bullish momentum. The move was supported by a solid rebound from the buyer zone and a clean breakout above the 92800 - 94200 support area. This breakout initiated a steep climb, forming a new upward wedge structure, defined by narrowing trend lines and rising local highs. Currently, the price is trading near the resistance boundary of the wedge, around the 104000 - 105000 zone. This zone has already triggered one rejection and is showing signs of weakening bullish strength. Given the rising wedge geometry and the fading impulse strength, the risk of a correction is increasing. The current structure typically leads to a pullback, especially after such a steep rise. I expect that BTC may rise to the resistance line of the wedge and then drop below the support line, thereby exiting from this pattern. That's why I set my TP 1 at the 100K points. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
17
Gold can correct to support line of channel and then start growHello traders, I want share with you my opinion about Gold. In this chart, we can see how the price, after forming a triangle structure and breaking out to the upside, Gold entered a downward channel, where it has been consistently respecting both the resistance and support lines. Each bounce from the lower boundary of this channel signals local buyer interest, especially near the support level around 3060, which also overlaps with the buyer zone. Recently, the price rebounded from this support line, indicating a potential start of a bullish correction inside the channel. This move is consistent with past price behavior, strong impulses from the bottom boundary followed by gradual movement toward the upper resistance line. Given the structure and the ongoing bounce, I expect Gold can correct the support line of the channel, after which it turns around and starts to grow to the 3290 resistance level, which aligns with the upper boundary of the pattern and the beginning of the seller zone. That’s why my TP 1 is set at 3290 points - a reasonable technical target within the current channel formation. 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
1
Triangle Breakout Alert: IOLCP Eyes ₹100!Key Observations: Symmetrical Triangle Pattern: The price was consolidating within a symmetrical triangle, marked by: Descending trendline (upper resistance) Ascending trendline (lower support) Breakout: On May 15, 2025, the stock broke out above the descending trendline with a strong bullish candle. The breakout is accompanied by a significant increase in volume (5.3M), which validates the breakout strength. Price Movement: The stock closed at ₹77.04, up 9.56% for the day. This strong move above resistance suggests the beginning of a potential uptrend. Technical Implications: Bullish Signal: The breakout from a consolidation pattern with high volume is a classic bullish indicator. Resistance Turned Support: The breakout level around ₹68-₹70 could now act as a support zone. Upside Targets (based on pattern height): Approximate height of triangle: ₹88 (peak) - ₹58 (base) = ₹30 Projected target = Breakout level (₹70) + ₹30 = ₹100 (short- to medium-term target) Conclusion: This is a bullish breakout setup. Traders might consider this a buy signal with potential targets around ₹90–₹100, and a stop-loss near ₹68 to manage risk.
NSE:IOLCPLong
by Breakout-Ideas
GOLD - Price can continue to decline to support levelHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 A few days ago price reached $3075 level, broke it, and then rose a little, but soon turned around and made correction movement. Next, price entered to triangle, where it reached support line, at once, and then made an upward impulse. Price broke $3075 level and soon reached and broke too $3290 level, after which Gold rose to resistance line. After this, price turned around and corrected $3290 level, but then it came back to resistance line. But recently, Gold dropped to support line of triangle, breaking $3290 level and making a gap, after which it exited from triangle. Now I think XAU can make a retest, after exiting, and then continue to decline to $3075 support level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
THINKMARKETS:XAUUSDShort
by WalterMoon
8
Bitcoin ready to test support before risingThe volume profile indicates a clear boundary of the trading range - consolidation support as a target for the current local movement. 102200 - 101400 - panic zone, price may enter this zone, provoke bids (buyers' stoplosses and speculators' sales) and return to the range, which will activate a zone of interest for the market - 103930. Scenario: the price is trading inside the consolidation with clear boundaries - support and resistance. The price is aiming for the support within a bullish trend. False breakdown of support may trigger a rebound and growth. Target 103930 - 105000
Long
by AndeWave
9
ETHEREUM → Consolidation. Which way will the distribution go?BINANCE:ETHUSDT.P has moved into a consolidation phase after the distribution phase. Focus on the 2414-2725 range. A retest of support is possible during the current phase. Despite the bullish trend, there are risks of a reversal... ETH has been a fairly unprofitable project over the past few years, with the price hitting one bottom after another. While Bitcoin and altcoins were flying high, ETH has only shown itself to be a bull in the last few days. In the current phase, the focus is on the consolidation boundaries, as well as the 2550 level. If the bulls keep the market above 2550, then the coin could strengthen to 2725, which would be a positive sign for us that buyers are interested in continued growth. If ETH continues its correction towards support at 2414, then we will need to monitor the market's reaction to this level. I remain skeptical about ETH due to its weak long-term performance despite a strong fundamental backdrop. Resistance levels: 2550, 2725 Support levels: 2414, 2260 Further movement will determine the price's exit from consolidation: a breakdown of support means a fall, a breakout of resistance means growth. But the current scenario is trading within the range. If ETH trades near 2725 and forms a pre-breakout consolidation, then we will have a chance for growth. The opposite scenario is if the price falls below 2550 and begins to test 2414. In this case, sticking to the support level and numerous retests will indicate that the bull market has exhausted its strength and we can expect a correction to 2260-2065. Best regards, R. Linda!
Long
by RLinda
4
LTC/USDT 1-Hour Chart – Symmetrical Triangle Alert! Litecoin is gearing up for a big move on the 1-hour chart! We’ve got a textbook Symmetrical Triangle forming, with LTCUSDT squeezing tighter and tighter between converging trendlines. The price is now approaching the upper resistance of the triangle around $104. This setup is screaming breakout potential! If LTC clears the triangle’s resistance, we could see a strong push toward the $111.01 target — a key resistance level to watch. On the flip side, if it fails to break out, the $92.16 level (now potential support) will be critical to hold. Volatility is coming, and I’m ready for it — are you? Let’s see if Litecoin can spark a rally! Key Levels to Watch: Support: $92.16 (previous resistance, now support) Resistance: $104 (triangle upper boundary) Target: $111.01 and $125 (next major resistances) What’s your take, traders? Are we breaking out or pulling back? Drop your thoughts below!
by ArShevelev
1
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
34
MAGIC Breaking Out – Next 100% Move on the Horizon?🚀 MAGIC Breakout Alert – 100% Potential Incoming?! 👀🔥 Hey Traders! If you're all about high-conviction plays and real alpha, smash that 👍 and tap Follow for more setups that actually deliver! 💹💯 MAGIC has finally broken out from a long-standing symmetrical triangle on the 4H chart — a classic bullish reversal pattern. After consolidating tightly, it's now flashing signs of a strong upward impulse! ⚡ 📌 Entry: CMP ($0.200) and add more on dips up to $0.195 🎯 Targets: $0.25 / $0.29 / $0.33 / $0.39 🛑 Stoploss: Close below $0.176 ⚙️ Leverage: 5x (Max) ✨ Previous breakout delivered over 100% gains — this one could be next! Chart structure + volume looks perfect. If BTC stays calm, we might witness another explosive move in MAGIC. 💬 What are your thoughts on this setup? Drop your opinions below and don't forget to like & follow for more high-conviction trade setups! 💥
Long
by CoreCrypto1
ROKU Close to Key Support After the Selloff Roku fell after its earnings report and updated guidance. Despite reporting EPS that beat expectations by 27.14%, Roku lowered its revenue guidance to $4.55 billion, down from the previous estimate of $4.61 billion. However, the sharp decline in price may present a buying opportunity for a medium-term swing trade. Roku’s EPS is expected to turn positive in the third quarter, supported by increasing revenue in each quarter. The 12-month analyst consensus price target is $83.76, which is approximately 38% above the current price. From a technical perspective, an ascending triangle formation appears to be developing at the bottom. While ascending triangles are typically continuation patterns, and rarely form at bottoms, it is still a positive sign for Roku. The lower line of the channel, which is near the 52 level and aligned with key horizontal support, can be viewed as solid support. As long as this support holds, an upward move toward the 200-day SMA and then to the 82.50 level is possible.
NASDAQ:ROKULong
by ftdsystem
2