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Wedge

EURUSD → Pre-break consolidation against 1.053FX:EURUSD continues to form bullish hints for a possible continuation of growth. There is strong resistance ahead and the market is forming a pre-breakdown consolidation The dollar continues its correction amid economic data, the country's politics and hints from Trump and Powell of a possible rate cut soon. The euro is benefiting from the dollar's decline, but how long will it last, especially amid the tariff war between the U.S. and Europe? Technically, at the moment, the chart indicates a bullish outlook. Within the local uptrend, an ascending triangle is forming, which generally indicates bullish interest in the market. The focus is on the pattern base - resistance at 1.053. Support levels: 1.045, 1.040 Resistance levels: 1.053 If the dollar continues its downward course, the currency pair has all chances to grow. A retest of the trend support (false breakout) before the resistance breakout is possible. Breakout and consolidation of the price above 1.053 may provoke growth. Regards R. Linda!
Long
by RLinda
2
BITCOIN → Testing $88K - $90K. False or true breakdown?BINANCE:BTCUSD enters the risk zone and forms a false breakdown of the key support zone. All eyes are on the bulls, whether they can keep their defense on the market or not.... On D1 - W1 price in global consolidation after strong growth. The focus is on 90-91K, a zone that is a strong support for the global trend. A false breakout is forming at the moment. On the Local timeframe H1 - H4 the price is testing the local channel support, as well as the risk zone 89400. If the bulls can keep the defense above 89400 - 90K, bitcoin may strengthen. The primary target in this case could be 94K Support levels: 91280, 89400 Resistance levels: 94800, 99200 Statistically, the strongest dvjeniyas are formed after a false breakdown. But there is another question here, what kind of breakout will be - true or false. In our case, we need to wait for confirmation, namely, for the price to consolidate above the key zones and levels. Emphasis on 89400, 90000, 91300 Regards R. Linda!
BINANCE:BTCUSDLong
by RLinda
17
GOLD Daily, H4, H1 Forecasts, Technical Analysis & Trading IdeasDaily Timeframe: TVC:GOLD has been rising rapidly recently but has almost stopped since February 11, when it hit its uptrend channel line. With the RSI hitting resistance at 77 and showing signs of falling, there is a high probability that a corrective wave is about to begin. Four-hour Timeframe: A rising wedge pattern has formed in the price. As long as the price does not break the resistance at 2955 and the red line of the rising wedge continues upwards, a downward wave is expected to begin. A strong bearish divergence has also formed in the RSI. One-hour Timeframe: A head and shoulders pattern is forming. If the price can break the neckline downward and the blue trend line of the rising wedge is also broken, the probability of a downward wave will be very high.
FX:XAUUSDShort
by Navid_Jafarian
12
HelenP. I Gold may enter to resistance zone and then start fallHi folks today I'm prepared for you Gold analytics. Not long ago, the price climbed into the support zone before making a corrective move down to the trend line. After that, it reversed and began rising within a wedge pattern, eventually reaching the support level, breaking through it, and continuing to move higher. Later, Gold surged into the resistance zone but soon faced a sharp correction back to the trend line. However, in a short time, it rebounded and returned to the resistance level. After another drop to the trend line, the price once again started climbing. Soon, Gold reached the resistance level and consolidated below it for some time before finally breaking through and touching the wedge’s resistance line. Following this movement, the price reversed and started declining. It attempted to recover but is currently trading below the resistance level. From my perspective, XAUUSD is likely to enter the resistance zone again before reversing and falling back to the trend line, which also acts as the wedge’s support. Given this outlook, I’ve set my target at 2915, close to the trend line. If you like my analytics you may support me with your like/comment ❤️
OANDA:XAUUSDShort
by FirstNameHelen
12
GOLD → Bullish structure. Emphasis on 2955FX:XAUUSD is still in consolidation, but the flat is gradually changing into an ascending triangle structure, which further explains the bullish interest in the market. Gold price is consolidating near the record high of $2,956. Investors took a pause before a possible continuation of gains amid renewed trade war fears over Trump's statements on tariffs and controls on exports of Nvidia chips to China. Weak risk sentiment and a rising dollar are holding back gold, but lower bond yields and expectations of Fed policy easing are supporting prices. Gold will remain influenced by tariff negotiations and US consumer confidence data in the coming days Resistance levels: 2940, 2954.5 Support levels: 2930.7, 2921 Local resistance at 2940 is ahead. If the bulls are able to consolidate above this area, we should wait for the growth and the retest of 2954.5. 2954.5 is a trigger, the breakdown of which will provoke the continuation of the bull rally. But before that the consolidation between 2954 and 2940 may be formed. I don't exclude the flat support retest before further growth. Regards R. Linda!
FX:XAUUSDLong
by RLinda
11
Be careful with DOGE !!!The price drops to around 0.21 and then pumps to 0.29 cents. and if this wedge is broken, you will no longer see cardano below 23 cents. 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🌟! ❗Disclaimer ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
GOLD → Price is in consolidation and getting ready to go to $3KFX:XAUUSD is preparing to continue its growth. Consolidation is forming against strong resistance. The dollar in the correction phase continues to update the lows.... Gold is consolidating near 2945-2955, remaining cautious due to Trump's tariff threats and waiting for US inflation data. Which technically increases the chances of continued gains. Optimism in the markets is supported by upcoming US-Russia talks on Ukraine, new Chinese measures and the victory of conservatives in Germany. Weak dollar and expectations of Fed rate cuts support gold, but rising risk appetite reduces its attractiveness Resistance levels: 2946.5, 2954.5 Support levels: 2935, 2921 Technically, the focus is on 2946.5. If the bulls are able to break this level, the resistance ahead at 2954.5 will not seem so strong. In this case, the price will continue its growth to 2969 - 3K But, before further growth, as gold is still in consolidation, the price may test the liquidity zone 2935 - 2921. Regards R. Linda!
FX:XAUUSDLong
by RLinda
17
XAU/USD may enter the resistance zone and then start fallingHello everyone, today I'm ready to provide you with Gold analytics. Not long ago, the price surged into the support zone before correcting back down to the trend line. Following that, it reversed and began rising in a wedge formation, finally hitting the support level, breaking through it, and continuing higher. Later, gold rose into the resistance zone, but it quickly corrected back to the trend line. However, it quickly recovered and returned to the resistance level. Following another drop to the trend line, the price resumed its upward trend. Gold quickly approached the resistance level and consolidated beneath it for some time before breaking through and touching the wedge's resistance line. Following this fluctuation, the price reversed and began to decline. It attempted to recover, but is now trading below the resistance level. From my perspective, XAUUSD is expected to retest the resistance zone before reversing and dropping back to the trend line, which also serves as the wedge's support. Given this view, I've set a goal of 2915, which is close to the trend line. : 🚀 XAU/USD – Rising Wedge Formation! Key Breakdown Incoming? 📉 💰 Gold Spot (XAU/USD) - 1H Chart Analysis 🔍 Key Observations: 🔹 Ascending Trend Line is acting as strong dynamic support. 🔹 Resistance Zone at the top of the wedge is holding price down. 🔹 Support Zone has been tested multiple times, showing buying pressure. 🔹 Price is currently at the upper boundary of the wedge—possible rejection? 📉 Potential Trade Setups: 📌 Bearish Scenario: If price rejects from the resistance zone, a drop toward $2,915 is likely. A break below $2,915 could trigger further downside toward $2,880 support. 📌 Bullish Scenario: A clear breakout above resistance and trend line invalidates the wedge. If price closes above $2,950, it may rally toward $2,970 - $2,980. 🔔 Key Levels to Watch: ✅ Resistance: $2,950 - $2,960 ✅ Support: $2,915 - $2,880 💬 What’s your bias? Breakout or Breakdown? Drop your thoughts below! 🔥👇 #gold #xauusd #forex #trading #priceaction #technicalanalysis
OANDA:XAUUSDShort
by NexusTradesZone
GBP/USD - Fair Value Gap (FVG) Short SetupOverview: A bearish reversal setup based on Fair Value Gaps (FVGs), a concept used in Smart Money trading strategies. Key Technical Insights: 🔹 Fair Value Gap (FVG) Zones: The price is approaching an FVG entry zone around 1.2700, which may act as resistance. A second FVG zone is located around 1.2850 - 1.2900, offering a secondary entry for shorts. 🔹 Bearish Trade Setup: The plan anticipates a reaction at the first FVG zone, leading to a downside move. If price continues higher, the second FVG zone provides another opportunity to enter shorts. 🔹 Stop Loss & Target: Stop Loss: Placed above 1.2928 to protect against invalidation. Target: 1.2350 - 1.2400, aligning with previous demand zones and imbalance filling. Trade Plan: 📌 Entry Strategy: Watch for bearish confirmation (e.g., rejection candles, lower time frame structure shift) at the FVG entry zone. If price moves beyond the first FVG, consider a second entry at 1.2850 - 1.2900. 📌 Exit Strategy: Take Profit: At the 1.2350 - 1.2400 target zone for a favorable risk-to-reward trade. Stop Loss: Above 1.2928 to mitigate risk. Final Thoughts: ✅ Bearish bias unless price breaks above 1.2928. ✅ Look for rejection at FVG zones for ideal entries. ✅ Potential downside move towards 1.2350 target. 📉 Patience is key—wait for confirmation before entering! 🚀
Short
by PIPsOptimizer
Ethereum (ETH/USD) - Falling Wedge Breakout Setup!Overview: A potential bullish breakout from a falling wedge pattern, signaling a trend reversal. Key Technical Insights: 🔹 Falling Wedge Formation: Ethereum price has been trending downward inside a falling wedge, a common bullish reversal pattern. The price is now testing the upper wedge resistance, indicating a possible breakout. 🔹 Support & Resistance Levels: Support: Near 2,665 - 2,663 USD, acting as a strong downside cushion. Resistance: The price needs to break above 2,694 USD to confirm the breakout. 🔹 Target Projection: A breakout above the wedge could push the price up by 5.35% (144 USD) towards the 2,839 USD take-profit level. Trade Plan: 📌 Entry Strategy: Enter after confirmation of a breakout above 2,694 USD with volume. A retest of the wedge breakout zone could provide a better risk-to-reward entry. 📌 Stop Loss: Placed below 2,663 USD, invalidating the breakout if breached. 📌 Take Profit Target: Around 2,839 USD, aligning with the measured move of the pattern. Final Thoughts: ✅ Breakout potential is strong – wait for confirmation! ✅ Bullish momentum could drive ETH towards the 2,839 USD target. ✅ If price drops below 2,663 USD, consider exiting as the setup is invalidated. 📈 Watch for volume increase to confirm the breakout. 🚀
BINANCE:ETHUSDLong
by PIPsOptimizer
Is RAYUSDT About to Break Out? Key Levels to Watch Now!Yello, Paradisers! Is RAYUSDT gearing up for a massive breakout? The chart is showing a proper triple zigzag within a descending channel, which significantly increases the probability of an upcoming bullish move. 💎If RAYUSDT bounces from the current level, it could form a W-pattern, but for a high-probability setup, we need to see a breakout and a confirmed candle close above the key resistance. This move would also break the descending channel, signaling a stronger bullish push. 💎On the other hand, if the price retraces further or consolidates, a bounce may still occur, but the setup would be lower probability, making it less favorable to trade in this zone. 💎However, if RAYUSDT breaks down and closes below the support zone, the entire bullish setup will be invalidated. In that case, it would be wiser to wait for better price action before looking for new opportunities. 🎖 Patience and discipline are key, Paradisers. If this breakout happens, it will be a strong opportunity—but if invalidated, we wait for the market to present a better setup. Trade smart! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
12
EUR/USD is bullish now after this breakoutDESCENDING WEDGE PATTERN BREAKOUT : FX:EURUSD has broken out of a descending wedge pattern with strong confirmation indicating market will go upwards till the target equivalent to the max width of the pattern STRONG SUPPORT ZONE TESTED : market has recently tested a strong support zone which it had tested earlier two times and had gone upwards indicating strong upward momentum for the currency pair PROFIT TARGET : level is 1.05274
Long
by peace_lover