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Wedge

Euro may continue to rise inside wedge, after a small correctionHello traders, I want share with you my opinion about Euro. Analyzing the chart, we can see that the price initially climbed from the support line, which lies within the buyer zone, and quickly advanced to the resistance level, aligning with the seller zone. Following this movement, the price pulled back from the 1.0440 level and corrected down to the support line. It hovered around this level for a while before breaking through and dropping into the buyer zone, creating a gap. After that, the Euro began moving upward within a broadening wedge, but soon it retraced back to the support level again. From there, it rebounded and climbed to the resistance level, eventually breaking through and rising toward the upper boundary of the broadening wedge. However, at that point, the price reversed direction and started declining, quickly falling to the support line of the wedge and breaking the resistance level once again. Recently, the Euro bounced off this line and broke above the 1.0440 level again. Currently, it is trading within the seller zone, and I anticipate a correction toward the support line of the broadening wedge before the price resumes its upward movement. Given this outlook, my TP is set at 1.0540 points. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
1
GOLD - After correct to support line, price can bounce to $2930Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Recently price started to grow inside upward wedge, and soon reached $2855 level and broke it, after which made retest. Then Gold some time traded near this level, corrected to support area and then continued to move up. Later it reached resistance line of wedge, before making a gap, after which price turned around and dropped. Price almost fell to support line of wedge and then bounced up to resistance area, after which quickly fell back. Next, price in a short time rose to resistance line of wedge, breaking $2930 level, but then started to decline. In my opinion, after a breakout of $2930 level, Gold can bounce up to $2970 from support line and exit from wa edge. If this post is useful to you, you can support me with like/boost and advice in comments❤️
OANDA:XAUUSDLong
by WalterMoon
4
50% DISCOUNT BUY?As illustrated, Im trying to visualize a falling wedge pattern into the 50% retracement of Monday's impulsive push, for what could be a potential buy point to continue the uptrend. Nothing to get fancy about. This is just a chart analysis based on a potential corrective pattern that could take place within the next 24 hours and into tomorrow's NY session. It could be NY to make the strong bounce tomorrow THU with the unemployment news as catalyst. Remember; news don't mean anything. They are just gas / power for the market to distribute and manipulate (find liquidity) ... .. GOOD LUCK
VANTAGE:XAUUSDLong
by PersaGold
Will ANKRUSDT Finally Break Out? Key Levels to Watch Now!Yello, Paradisers! Is ANKRUSDT gearing up for a breakout, or is more downside coming? Let’s break it down. 💎ANKRUSDT has been forming a well-defined descending channel with a triple zig-zag pattern and bullish divergence, increasing the probability of an upcoming bullish move. 💎For a confirmed breakout, ANKRUSDT must show strength, break above the descending channel and resistance, and close a candle with strong volume. If that happens, the probability of a bullish move significantly increases. 💎In case of a retracement, a short-term bounce could be possible if we get a bullish Internal Change of Character (I CHoCH). However, considering the broader crypto market conditions, this remains a low-probability setup. 💎On the other hand, if we see panic selling, leading to a breakdown and candle close below the key support level, it will invalidate the bullish setup entirely. In that case, it’s best to wait for a stronger price action formation before taking any trades. 🎖 Patience and discipline are key in such setups, Paradisers. The market will always offer new opportunities—our job is to wait for the highest probability trades and execute with confidence. Stay sharp! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
BTC : This May Be Your Last Chance Before Exploding to Upside !!The price continues to move well within the wedge, and if this wedge is broken, you will no longer see Bitcoin below 100k dollars. 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.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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!!
COINBASE:BTCUSD
by CobraVanguard
1
NZD/USD: Flipping the Script at .5700?NZD/USD struggled above .5700 recently, but now that it’s pushed through, maybe the opposite will hold true. Price action around today’s RBNZ decision—where the bank delivered a third straight 50bp cut and flagged at least two more, possibly three—suggests it might. The post-decision dip below .5700 was snapped up quickly, casting doubt on the bearish signal from the three-candle evening star pattern completed Tuesday. If the rebound holds, minor resistance sits at .5723 (Jan 24 high), with a tougher test at .5750, where last week’s rally ran out of steam. A break there puts .5800 and .5888 in play. It’s too early to say whether the rising wedge pattern the Kiwi is trading in will be respected, but that’s another thing for longs to watch. The price has run a long way just while writing this, but dips towards and below .5700 look like solid long entry points, improving risk-reward while offering nearby levels for stops, like the 50DMA.Momentum indicators are flashing bullish, favouring dip-buying and bullish breaks in the near term. If NZD/USD were to close beneath the 50DMA, the bullish bias would be nixed. Good luck! DS
Long
by FOREXcom
$TSLA poised for an EASY rise to $400 and beyond.BUY NASDAQ:TSLA NOW A falling wedge is a chart pattern suggesting a probable rise in a stock's price. This bullish pattern emerges during a downtrend, as the price range tightens and the trend lines converge. RSI: 35.02 as of 02/10/2025 NASDAQ:TSLA 's price began 2025 at $403.84. As of today, it stands at $350.73, reflecting a -13% decrease since the start of the year. By the end of 2025, it's projected to reach $692 , a year-to-year increase of +71%. This marks a +97% rise from today’s price. Mid-2025 predictions place Tesla at $477 . In the first half of 2026, the price is expected to climb to $805, and by year-end, add another $163 to close at $968, which is +176% from the current price. -Month Low $350.51 Low $350.51 Pivot Point 1st Support Point $346.59 Pivot Point 2nd Support Point $342.46 Price 1 Standard Deviation Support $334.84 Pivot Point 3rd Support Point $334.40 Thank you
NASDAQ:TSLALong
by sej4974
NVIDIA & xAI’s Grok 3: A Game-Changer or Overhyped AI Play?NVIDIA’s stock ( NASDAQ:NVDA ) has been on an unstoppable rally, driven by the AI boom. Now, with Elon Musk’s xAI set to launch Grok 3 —trained on an impressive 100,000 NVIDIA H100 GPUs —the market is buzzing with speculation. Could this be the catalyst that propels NVDA to the next level, or are we approaching an AI-driven valuation bubble? Key Developments : Massive GPU Demand : xAI’s Grok 3 will utilize a staggering 100,000 H100 GPUs, reinforcing NVIDIA’s dominance in AI hardware and boosting its market position. Supercomputer Expansion : Musk’s team is building one of the most powerful AI training clusters in Memphis, Tennessee. This development could significantly increase NVIDIA’s long-term revenue streams, given its key role in powering these systems. Release Date : Grok 3 is set to launch today, February 17, 2025(4 AM GMT) , with a live demonstration, which may influence sentiment around AI-related stocks, especially NVIDIA. Market Sentiment & Risks : While these developments seem bullish for NVIDIA, some analysts, including hedge funds like Elliott Investment Management, have raised concerns over the potential for overvaluation as the AI euphoria spreads. Conclusion: Grok 3’s launch will be a pivotal moment, with NVIDIA at the heart of the AI revolution. Whether this sparks a fresh rally or raises concerns about an AI bubble remains to be seen. ------------------------------------------------------------------------------ Now, let's use Technical Analysis to analyze NVIDIA stock(NVDA) . In terms of technical analysis, the loss of an Ascending Channel is not good news for any asset and is a sign of weakness in the upward trend . This has happened to the NVIDIA stock(NVDA) . From the point of view of Classical Technical Analysis , it seems that NVIDIA stock is completing the Rising Wedge Pattern . Educational tip : The Rising Wedge Pattern is a bearish reversal or continuation pattern characterized by converging upward-sloping trendlines. It signals weakening bullish momentum, often leading to a breakdown below support. A confirmed breakout to the downside indicates a potential price decline. I expect the launch of Grok 3 Artificial Intelligence(AI) can increase at least +10%+15% of NVIDIA stock(NVDA) . If the upper line of the Rising Wedge Pattern breaks , we can expect a further increase [ the next target can be Yearly Resistance(1=$175.68)(in case of breaking) ]. What’s your take? Drop your thoughts about NVIDIA in the comments! 👇 Be sure to follow the updated ideas. NVIDIA Analyze (NVDAUSD), Daily time frame. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; 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.
NASDAQ:NVDALong
by pejman_zwin
8
BITCOIN → Consolidation. Shake-out before growth to 110KBINANCE:BTCUSD is consolidating both locally and globally. The market lacks drivers, but at the same time, big players continue to keep the coin from falling further Bitcoin is in consolidation or in a localized correction due to Trump putting cryptocurrencies on the back burner. No supportive executive orders have been issued, except that there is a little noise around the federal reserve, but only from the states and that is in question what assets will fill this fund, confiscated or still politicians will start buying BTC. As for the global economy regarding bitcoin, a lull has been forming lately. Except for SOL and DOGE, for which the SEC has already started accepting applications to launch ETFs. Technically, I'm keeping an eye on local consolidation: 94800 - 98400. A breakout of resistance could give hope to the market and in that case bitcoin could strengthen to 102 - 107K Resistance levels: 98.4, 100.2, 102.7 Support levels: 94.8, 91.3 But, based on the general technical situation, there is a huge pool of liquidity in the 91-90K zone and before further growth the price may test this zone and form a false breakdown before the market returns to active buying. Regards R. Linda!
BINANCE:BTCUSDLong
by RLinda
34
PYTHUSDT: A Massive Move Incoming? Watch This Level Closely! Yello, Paradisers! Is PYTHUSDT about to break out, or is a deeper drop still on the table? Let’s break it down. 💎PYTHUSDT has formed a well-structured descending channel with a corrective wave pattern and bullish divergence, signaling a strong probability of an upcoming bullish move. However, confirmation is key. 💎If PYTHUSDT breaks out and closes candle above the resistance zone, this will validate the descending channel and could trigger a bullish move. 💎In case of panic selling or a deeper retracement, we may see a temporary bounce, but the real focus should be on the resistance zone and a confirmed breakout for a high-probability setup. 💎On the flip side, if PYTHUSDT breaks down and closes candle below the key support level, the bullish setup will be invalidated, and waiting for better price action would be the smarter approach. 🎖 The key here is patience and precision—don’t jump in blindly. Watch for confirmation, trade with discipline, and always wait for the best setups. The market rewards those who stay ahead of the herd! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
2
EURO - Price can break support level and drop to $1.0370 pointsHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some time ago price started to grow inside a rising channel, where it soon broke $1.0255 level and continued to grow. Then it made a correction and after this continued to move up and soon reached $1.0490 level and broke it. After this, Euro started to decline and exited from a channel, breaking $1.0490 level too, after which continued to fall. Price made a strong gap and dropped to support line of wedge, after which started to grow and later made another gap. Next, EUR bounced up from support line of wedge and in a short time rose to $1.0490 level and broke it. Now, it trades close this level and I think it can break $1.0490 level and continue to decline to $1.0370 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
12
BTC Monthly Fib Extension and External Range Targets High or LowFib extension drawn from Fib ext A (start month low local low) to Fib ext B (high) to Fib ext C (low of the range). Formation is a decending wedge - obvious rejection 0.382. Only drawn 2 low Naked Daily PoCs (Naked Point of controls). Depicted, looking at a rejection fromm he wedge to loweest NPOC. Looking higher, elevated higher highs that could be putting in with the low nPocs acting as support. The external Fib is based of a Fib extension from the previous consolidation range, Zoom out to see how I got this.
by hmaroudas
GOLD - Price can bounce up from support line of wedgeHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Not a long time ago, price reached support level and broke it, after which made a retest and started to grow in channel. In channel, Gold rose to $2880 level, but at once made correction to support line of channel and then continued to grow. Soon, price broke $2880 level and rose to resistance line of channel, where it turned around and started to decline. Gold exited of channel and continued to trades in a wedge, where it fell to support line and then bounced up. Later it reached resistance line of the wedge, but recently it dropped to support line and now it rising near this line. In my mind, Gold can bounce up from support line to $2950, thereby exiting from the wedge pattern. If this post is useful to you, you can support me with like/boost and advice in comments❤️
OANDA:XAUUSDLong
by WalterMoon
3
KSMUSDT Setup: Will Bulls Step In, or Are We Heading Lower?Yello, Paradisers! Are you keeping an eye on KSM? This setup is shaping up for either a strong bullish recovery or a critical breakdown—and it all hinges on one key support zone. Let's break it down! 👇 💎KSMUSDT is currently showing a proper retracement within a descending channel, which typically signals a high probability of a bullish move ahead. But here’s the catch: the bulls need to reclaim momentum from a critical support zone before we see a confirmed reversal. 💎If KSMUSDT grabs liquidity below and forms a bullish I-CHoCH (Internal Change of Character) on the lower timeframes, it will greatly increase the likelihood of a strong bullish move. 💎However, if we see panic selling or a deeper retracement, we can expect a bounce from the stronger support zone below. At that point, look for bullish patterns like a W formation or an inverse head and shoulders on lower timeframes to confirm the move. 💎If KSMUSDT breaks down and closes a candle below the strong support zone, this will invalidate our bullish idea entirely. In that scenario, it’s best to stay patient and wait for a more favorable price action setup. Stay disciplined, Paradisers! Remember, it’s all about waiting for the highest probability moves. Jumping in too early can cost you—so keep a close eye on how the price reacts around these key zones. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
6
TOST looks to breakoutTOST earings are coming around the corner and the company is JUST becoming profitable. This reminds me of SOFI and HOOD and how they picked up steam so heavily as the negative EPS dropped. The stock saw a nice 50% fib pullback and is now contracting right into earnings. These wedges have a habit of breaking down after an upward pump. This is where you want to look at short interest, this amount isnt tremendously high but could cause a false wedge breakout. My plan: My target for the year is 56$ As I sell out of TSLL I might be adding this as a new play alongside NBIS The premium is high so I would likely buy 1-200 shares and then start selling CSP here
NYSE:TOSTLong
by Apollo_21mil