JPY/USD Weekly Chart – Bullish Triangle Breakout Pattern Forming🔍 Chart Pattern Breakdown:
The chart is showing a symmetrical triangle pattern forming on the weekly timeframe of JPY/USD (Japanese Yen vs. US Dollar). This triangle is developing after a massive multi-year downtrend, which started all the way back in 2021. Such a triangle at the bottom of a trend often signals a potential reversal or a strong trend shift.
Here's what's happening technically:
🔺 Triangle Formation (Consolidation Phase):
Lower highs and higher lows indicate a clear symmetrical triangle.
The price has been bouncing between these converging trendlines for months.
This compression is like a spring — it’s storing energy and getting ready to break out.
The triangle pattern is nearing its apex, which means a breakout is likely soon.
📉 Previous Trend Context:
Before the triangle, the market had a strong bearish move — a downtrend that brought the pair into a major weekly support zone.
This support zone (marked in light blue) around 0.0062–0.0063 has been tested and respected multiple times.
📊 Key Technical Zones:
Support Zone: 0.0062 – 0.0063 — this is where price bounced and formed the base of the triangle.
Resistance Zone / Triangle Top: Around 0.0071 – this is the upper boundary of the triangle. A breakout above this will confirm the bullish scenario.
Target Area: 0.00829 – derived from measuring the height of the triangle and projecting it from the breakout point.
Major BOS (Break of Structure): Once price breaks above the triangle and the BOS line, it confirms a shift from bearish to bullish structure.
SL Zone: Stop loss area is just below the support zone at 0.00629 to protect against false breakouts.
🔁 Retest Setup:
After the breakout, it's common to see a pullback to retest the previous resistance (now turned support). That retest often provides a high-probability entry for swing and position traders. If it happens — that’s your golden moment!
🎯 Trade Plan (Example for Education):
Entry Criteria Value/Zone
Breakout Entry Above 0.0071 (confirmed candle close)
Retest Entry 0.0069 – 0.0070 (support flip)
Stop-Loss (SL) Below 0.00629
Target (TP) 0.00829
✅ Why This Setup Matters:
Clear structure on the weekly chart.
Multi-touch points on both trendlines = strong pattern.
Support zone backing the triangle base gives extra conviction.
A breakout from such consolidation patterns often results in sharp movements.
Risk/reward ratio is highly favorable.
⚠️ Risk Management Reminder:
Always trade with a plan, use a stop-loss, and don’t jump into the breakout blindly. Volume confirmation or retest confirmation will help increase the success rate. These kinds of setups are powerful, but only when approached with discipline.
🧠 Final Thoughts:
This JPY/USD triangle on the weekly chart is a textbook example of potential bullish reversal from a major downtrend. It’s showing signs of a structural shift, supported by strong support, tightening price action, and the chance for a breakout to deliver a major upside move toward 0.00829.
If you’re a swing or position trader, keep this on your radar. Momentum is building — don’t miss the move when the breakout hits. 📈🔥
Trianglepattren
GOLD → Need to break Triangle Pattern !!!Gold Analysis
Following a rejection at the 3,120.00 level last Thursday — a key H4 demand zone — gold is currently forming a triangle pattern.
🟢 Bullish Scenario:
If the price breaks above the 3,250.00 level, it may present a buying opportunity with the nearest target at 3,320.00 .
🔴 Bearish Scenario:
If the price breaks below the lower trendline of the triangle pattern, the nearest selling target is seen around 3,055.00.
Best Regard
Ethereum - Perfect exactly how I thoughtEthereum
Stage 1 - Triangle Pattern - Gave perfect breakdown of triangle pattern
Stage 2 - Form M Pattern - Have almost completed the selling target
Stage 3 - Retesting completed *Current)
Stage 4 - Forming inverse cup and handle and inverted head and shoulder pattern
Stage 5- in either of the scenario it may come down but if it goes above 2297 expect it to reach 4000/500/7000 in coming days
Stage 5.2 - if the retesting is completed and bearish patter is continued expect it to reach to 900 USD
For more details ping me
GK Trade manthan
A larger corrective pattern is formingIn the previous analysis, a specific range was determined for the price to reverse, after reaching that price range, the price jumped upwards and the price grew by 1700 pips. However, considering that the structure of wave-c is not an impulse, the zigzag was not confirmed and it seems that a larger corrective pattern is forming.
It seems that the reverse contracting triangle pattern is forming, which is currently in wave-d of the triangle. With the completion of wave-d, we can better find the end point of wave-e.
"ZEC Analysis" Currently, ZEC is forming an ascending triangle, indicating a potential price increase. It is anticipated that the price could rise, aligning with the projected price movement (AB=CD).
However, it is crucial to wait for the triangle to break before taking any action.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Bullish Triangle Pattern on ProgressIn my previous update on BINANCE:CRVUSDT , I mentioned three potential scenarios: a bullish triangle formation, sideways movement, and a double top pattern.
Right now, it looks like the bullish triangle pattern is playing out. If this continues, I expect the price to reach the 0.7853 – 0.8343 target zone. But before that, all eyes are on the key resistance at 0.6667 — the prior high.
The best-case scenario would be a strong breakout above 0.6667, ideally with a solid bullish candle showing strong buyer momentum.
However, stay cautious. If price breaks the resistance but quickly falls back into the triangle and breaks the low of the breakout candle, that could be a false breakout (or what some might call a liquidation sweep). In that case, reducing exposure could be a wise move, as price might enter a sideways phase.
On the other hand, if price gets rejected (before breakout) at 0.6667 with a large red candle, that’s still acceptable — as long as price holds above the invalidation level at 0.5781.
Let’s keep watching how price reacts around key levels. Market structure still favors the bulls, but risk management is key.
GRASIMNSE:GRASIM
Note :
1. One should go long with a Stop Loss, below the Trendline or the Previous Swing Low.
2. Risk :Reward ratio should be minimum 1:2.
3. Plan your trade as per the Money Management and Risk Appetite.
Disclaimer :
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GBP-AUD Bearish Triangle Pattern! Sell!
Hello,Traders!
GBP-AUD has formed a
Bearish triangle pattern
So we are bearish biased
And IF we see a bearish
Breakout then we will be
Expecting a further
Bearish continuation
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USD/CAD 1H Breaking Structure: The Start of a New Trend?Hi traders! Analyzing USD/CAD on the 1H timeframe, spotting a potential bullish reversal from a descending wedge pattern:
🔹 Entry: 1.38846
🔹 TP: 1.40286
🔹 SL: 1.37692
Price is bouncing off the lower boundary of a falling wedge, showing signs of bullish divergence with RSI also turning upwards. The breakout of the descending structure may signal a trend reversal or at least a corrective move to the upside.
The RSI is recovering from the oversold region, reinforcing the idea of a possible bullish push. A break and close above the minor resistance zone could confirm the move towards higher levels.
Watching closely for momentum confirmation!
⚠️ DISCLAIMER: This is not financial advice. Every trader must evaluate their own risk and strategy.
ETH back to 1900$ soon?ETH has broken the downtrend line and just completed a successful retest. Price is now moving within a new compression triangle, showing signs of consolidation before the next move.
Meanwhile, BTC is showing positive signals, adding momentum to the market.
📊 Breakout loading? Stay sharp.
The analysis provided reflects personal opinions only and does not constitute investment advice.
Learn These Patterns And You'll Never Regret ItEVERYTHING ON THE TRIANGLE PATTERN
a triangle chart pattern involves price moving into a tighter and tighter range (like a consolidation phase which has a triangle-like shape) as time goes by and provides a visual display of a battle between bulls and bears.
The triangle pattern is generally categorised as a “continuation pattern”, meaning that after the pattern completes, it’s assumed that the price will continue in the trend direction it was moving before the pattern appeared.
note: the triangle pattern depends on the trend however don't hold on to that thought since fake-outs are possible. the point i am trying to make is that you should not be obsessed with which direction the price goes, but you should be ready for movement in either direction.
there are three triangle patterns:
a) the ascending (upward slope consisting of higher-lows and a consistent resistance),
b) descending (downward slope consisting of lower-highs and a consistent support)
c) symmetrical (equal slopes the market is forming lower-highs and higher-lows)..
the triangle is different from a wedge. however, a wedge can be in a triangle or better put the general formation of a wedge is a triangle-like shape (in some cases).
point to note:
• you need at least two points (bullish or bearish) to connect for a triangle to be considered, and a consistent support or resistance.
• the volatility of price of any instrument decreases when there's a triangle pattern and increases on breakout of the pattern.
• measuring the size of the triangle can serve as a good profit target (will explain in meeting)
• keep an open mind at all times.
📝..
FluoroChem ,1WFirst Triangle Pattern is Breaked Out and Next Channel Pattern is Formed at Retest for Triangle Pattern .
Now Channel Pattern is Ready to breakout , SO look an Eye on it when Breaking
Only Enter after the breakout of upper Trendline of Channel Pattern .
Be Careful when entering at breakout
Follow for more Swing Trade Ideas Like This
a Bounce is expected from the Current level but Resistance aheada Bounce is expected from the Current level.
but 21 - 21.20 is a Very Strong Resistance.
as of now. & if it is Crossed with Good Volumes
& Sustained, we may see the price touching 22.50 - 23.50
& lets enjoy further upside above 24 - 25.
However, Monthly Support is around 16 - 16.50.
Bitcoin (BTC/USD) – Symmetrical Triangle Breakout or Breakdown?Bitcoin is currently consolidating inside a symmetrical triangle on the 1H timeframe, preparing for a strong move in either direction!
Key Levels to Watch:
📌 Breakout Target: $105,939 (+18%) 🚀
📌 Breakdown Target: $73,429 (-18%) ⚠️
📌 Resistance Zone: $92,000 (important breakout level)
📌 Support Zone: $84,000 (potential breakdown zone)
Technical Analysis:
🔹 BTC is forming a symmetrical triangle, which typically leads to a strong breakout or breakdown.
🔹 A breakout above $92,000 could send Bitcoin towards $105,939.
🔹 A breakdown below $84,000 could push BTC towards $73,429.
🔹 Confirmation with volume is key before entering a trade!
Trade Plan:
✅ Bullish Scenario: Buy above $92,000, target $105,939
❌ Bearish Scenario: Short below $84,000, target $73,429
🎯 Wait for a confirmed breakout or breakdown before entering a position.
Bitcoin is at a critical decision point—which way will it go? Let me know your thoughts in the comments! 🚀👇
ETH Weekly chart - do you get the pattern?Well, my friends,
This is the CRYPTOCAP:ETH with the weekly chart.
Following my other Chart using the #GANN Fan, I now drawed the triangle for you.
Like that you can see how the #ETHERUM behaves and when we will see it imo in a few months.
This is almost the beginning of the #ALTSEASON.
The #ETH still has some work to do.
We need to see a clear break of the last high at 2924$ and then based well above 3000$.
After that, we shall start attacking the 3400$ area and we will have to watch the retest of that area.
Once we are done with those technical areas, we will be able to push to the 4000$ and #ATH
What is missing now, is the MA13 MA30, and MA55 Slopes, I want to see them turn positive and to see MA13 cross MA30 and then MA30 cross MA55, this should be MEGA BULLISH and we are on the way there.
NFA
DYOR
#ARCUSDT - Monitor this asset closely📈 LONG BYBIT:ARCUSDT.P from $0.25588
🛡 Stop Loss: $0.24176
⏱️ 1H Timeframe
✅ Overview:
➡️ BYBIT:ARCUSDT.P has broken out of a Falling Wedge pattern and is following an upward trend.
➡️ The POC (Point of Control) at $0.24041 confirms liquidity in this zone, potentially acting as strong support.
➡️ The key resistance is at $0.25588; if the price holds above this level, it may lead to further gains.
➡️ Increased volume signals strong buyer activity and a high probability of continuation.
⚡️ Plan:
➡️ Important: Set an order in advance to ensure execution when the price reaches the entry level!
➡️ Enter long above $0.25588.
➡️ Stop-Loss placed at $0.24176 for risk management.
🎯 TP Targets:
💎 TP1: $0.26618
🔥 TP2: $0.27640
⚡️ TP3: $0.28670
🚀 BYBIT:ARCUSDT.P - Monitor this asset closely!
🚀 Place your order in the listing so that it executes automatically when the breakout occurs.