EURUSD | Symmetrical Wedge Breakdown
TF: 15m |
🎯 Setup Insight:
The market doesn’t move in straight lines — it coils.
What you're seeing is an ABCDE corrective wedge, playing out its final phase.
Wave E completed, and liquidity is built right above.
We expect a trap in the purple premium zone (1.1740–1.1757) — then a drop toward 1.1695.
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🧠 Strategy:
Sell Zone: 1.17410 – 1.17574
Target: 1.16958
Invalidation Above: 1.17600
Wedge ✅
Liquidity ✅
Confluence ✅
Only one move left — the snap.
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🗝️ Notes:
The market may spike into the OB zone to trap late buyers before the real move unfolds.
The mini-diagram on the right explains it all: "Trap them high, exit them low.✓
Wedge
AUDJPY: Strong Bearish Signal?! 🇦🇺🇯🇵
AUDJPY may retrace from a key daily resistance.
As a confirmation, I see a bearish breakout of a support line of a rising
wedge pattern with a high momentum bearish candle.
Goal - 96.47
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GOLD (XAUUSD): Bullish Move Ahead?!
I think that Gold is going to rise soon.
The price is now entering a strong demand area
based on a horizontal support and a rising trend line.
The price may pull back to 3376 level.
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TONUSDT continue up!Looking for an Impulse Up – TONUSDT Outlook
TONUSDT is showing momentum to the upside as it continues its current structure, possibly developing another impulsive leg.
It’s important to follow your own trading plan and maintain proper risk-reward (RR) discipline.
This idea is shared for educational purposes only to support your learning.
Got questions? Feel free to drop them in the comments!
BITCOIN BULLISH WEDGE|LONG|
✅BITCOIN is trading in a
Strong uptrend and the coin
Has formed a massive bullish
Wedge pattern so we are
Bullish biased and IF we see
A bullish breakout we will
Be expecting a further
Bullish move up
LONG🚀
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TSLA weekly coiling into something powerfulNever doubt the power of TSLA. Recently broke out of a huge pennant, and now nearing the end of another pennant while simultaneously holding support above the daily 20EMA(overlayed on this weekly chart).
Also recently found support off of the monthly 20EMA (overlayed on this weekly chart) and took 2 direct hits on the monthly 50EMA (overlayed on this weekly chart) before that and rallied up. It will take a lot to crush this setup but anything can happen. Possibly a longer pennant formation.
I'm just a cat not a financial advisor.
EUR-CAD Bullish Wedge! Buy!
Hello,Traders!
EUR-CAD is trading in an
Uptrend and the pair formed
A bullish wedge pattern and
Now we are seeing a bullish
Breakout from the wedge so
We are bullish biased and we
Will be expecting a further
Bullish move up
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
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Euro will rise a little and then start to fall to support lineHello traders, I want share with you my opinion about Euro. After a prolonged consolidation period, a strong upward trend was initiated from the buyer zone around 1.1285, propelling the EUR significantly higher. This initial impulsive move has since transitioned into a more complex and mature phase, taking the shape of a large upward wedge formation, a pattern which often signals underlying exhaustion in the prevailing trend. Currently, the pair is operating within this defined market zone, characterized by a clear ascending support line and a corresponding resistance line. The price action inside the wedge has become corrective, with the most recent upward correction originating from the support area near 1.1575. The working hypothesis is centered on a short-term bearish scenario, which anticipates that this current rally will fail as it approaches the upper boundary of the wedge. A rejection from this resistance would confirm that selling pressure is increasing and that the bullish momentum is waning. This would likely trigger a significant downward rotation within the structure, with the immediate objective being a retest of the main ascending support line. For this reason, the TP is strategically and logically placed at the 1.1665 level, as this point lies directly on the trend line and serves as the most critical test for the existing uptrend's viability. 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.
Building a Future for RWAs and Multichain DeFi: A Strategic OutlThe intersection of real-world assets (RWAs) and decentralized finance (DeFi) has become one of the most transformative trends in the blockchain space. As traditional financial institutions explore blockchain integration, and DeFi continues to mature, tokenized RWAs—like real estate, bonds, and commodities—are poised to redefine the global financial landscape. Combined with multichain interoperability, this evolution promises greater efficiency, transparency, and accessibility.
The Rise of Real-World Assets on Blockchain
Tokenization is the process of converting rights to an asset into a digital token on a blockchain. For RWAs, this means that tangible assets—such as property, equities, or art—can be fractionalized and traded globally in real-time. This unlocks liquidity in previously illiquid markets, enables 24/7 trading, and reduces administrative overhead.
Use cases are rapidly emerging: real estate funds issuing tokenized shares; commodities like gold being represented on-chain; and even government bonds available on DeFi platforms. These developments democratize access to assets once limited to high-net-worth individuals and institutions.
However, integrating RWAs into DeFi isn't just a technical feat. It requires robust legal frameworks, clear custodianship, and standardized processes for valuation and dispute resolution. Without proper infrastructure, tokenized RWAs risk becoming speculative rather than transformative.
The Role of Multichain Ecosystems
No single blockchain can accommodate the entire spectrum of financial use cases. Multichain architecture—where assets and applications span multiple blockchains—is essential to scale RWA integration effectively.
Cross-chain interoperability enables users to leverage different blockchains for what they do best. Ethereum offers deep liquidity and composability. Algorand and Avalanche deliver scalability and low fees. Polkadot and Cosmos focus on seamless interoperability. Bridging these ecosystems creates a holistic, resilient financial infrastructure.
Protocols like Wormhole, LayerZero, and Chainlink’s CCIP are leading the charge in enabling these connections. By ensuring assets can move securely and efficiently across chains, they support a unified liquidity layer that benefits both RWA issuers and investors.
Challenges and Opportunities
Despite the promise, several hurdles remain. Regulatory compliance is fragmented across jurisdictions, making it difficult for global RWA platforms to operate consistently. Many DeFi protocols are not yet equipped to handle the complexities of asset custody, identity verification, or investor rights enforcement.
Moreover, education is a significant barrier. Institutional investors and retail users alike must understand the risks and mechanisms of DeFi to participate confidently. Projects that prioritize transparency, usability, and regulatory alignment are more likely to gain mainstream adoption.
The opportunity, however, is vast. RWAs could unlock trillions in idle capital, while multichain frameworks reduce friction in global capital markets. Combined, they offer a future where financial products are borderless, inclusive, and programmable.
Conclusion
The convergence of RWAs and multichain DeFi represents a critical shift in finance—from centralized gatekeeping to decentralized participation. It has the potential to create a more accessible and efficient global financial system. While challenges persist, technological advances and increasing institutional interest suggest that this transformation is not only possible, but inevitable. The next few years will be pivotal in shaping the architecture, governance, and standards of this emerging ecosystem.
ARTYUSDT → A breakout of resistance could trigger another rallyBYBIT:ARTYUSDT is forming a cascading bottom as part of consolidation before a possible breakout of resistance. The decline in Bitcoin's market dominance gives altcoins a chance.
( (Idea from September 29, 2024!) We previously discussed this coin before its 300% rally. The root causes of its emergence from accumulation and readiness for strong growth were correctly identified).
The dump phase is coming to an end, a cascading market bottom is beginning to form, and a pre-breakout base relative to the triangle resistance is forming, which overall hints at a bullish behavior pattern.
Bitcoin is currently consolidating after the rally, and the Bitcoin dominance index is declining, which generally indicates a flow of funds into altcoins. The situation is such that the altcoin market has another chance for the season. The correction across the entire market may end in the near future, and under favorable conditions (the fundamental background is strengthening, Trump has announced another important event for cryptocurrencies), the market may return to strong movements...
The focus in ARTY is on the intermediate resistance at 0.1770 and the consolidation resistance at 0.2368. Consolidation above this range could trigger a rally.
Resistance levels: 0.2368
Support levels: 0.1235
Technically, a few days ago, the coin tested the consolidation resistance, but the decline did not continue, which generally indicates that buyers are showing interest and holding the market. Consolidation in the near term may end with a retest of 0.1770, 0.2368, a breakout, and further growth.
Best regards, R. Linda!
Trading Divergences With Wedges in ForexTrading Divergences With Wedges in Forex
Divergence trading in forex is a powerful technique for analysing market movements, as is observing rising and falling wedges. This article explores the synergy between divergence trading and wedges in forex, offering insights into how traders can leverage these signals. From the basics to advanced strategies, learn how you could utilise this approach effectively, potentially enhancing your trading skills in the dynamic forex market.
Understanding Divergences
In forex trading, the concept of divergence plays a pivotal role in identifying potential market shifts. A divergence in forex, meaning a situation where price action and a technical indicator like the Relative Strength Index (RSI) or Moving Average Convergence Divergence (MACD) move in opposite directions, often signals a weakening trend. This discrepancy is a valuable tool in divergence chart trading, as it may indicate a possible reversal or continuation of the current trend.
There are two primary types of divergence in forex—regular and hidden. Regular divergence occurs when the price makes higher highs or lower lows while the indicator does the opposite, often signalling a reversal. Hidden divergence, on the other hand, happens when the price makes lower highs or higher lows while the indicator shows higher highs or lower lows, typically suggesting a continuation of the current trend.
Trading Rising and Falling Wedges
Rising and falling wedges are significant patterns in forex trading, often signalling potential trend reversals. A rising wedge, formed by converging upward trendlines, often indicates a bearish reversal if it appears in an uptrend. Conversely, a falling wedge, characterised by converging downward trendlines, typically reflects a bullish reversal if it occurs in a downtrend.
Traders often look for a breakout from these patterns as a signal to enter trades. For rising wedges, a downward breakout can be seen as a sell signal, while an upward breakout from a falling wedge is often interpreted as a buy signal. When combined with divergences, this chart pattern can add confirmation and precede strong movements.
Best Practices for Trading Divergences
Trading divergence patterns in forex requires a keen eye for detail and a disciplined, holistic approach. Here are key practices for effective trading:
- Comprehensive Analysis: Before trading on divergence and wedges, be sure to analyse overall market conditions.
- Selecting the Right Indicator: Choose a forex divergence indicator that suits your trading style. Common choices include RSI, MACD, and Stochastic.
- Confirmation Is Key: It’s best to watch for additional confirmation from price action or other technical tools before entering a trade.
- Risk Management: Traders always set stop-loss orders to manage risk effectively. Divergence trading isn't foolproof; protecting your capital is crucial.
- Patience in Entry and Exit: Be patient as the divergence develops and confirm with your chosen indicators before entering or exiting a trade.
Strategy 1: RSI and Wedge Divergence
Traders focus on regular divergence patterns when the RSI is above 70 (overbought) or below 30 (oversold), combined with a rising or falling wedge pattern. The strategy hinges on identifying highs or lows within these RSI extremes. It's not crucial if the RSI remains consistently overbought or oversold, or if it fluctuates in and out of these zones.
Entry
- Traders may observe a regular divergence where both the price highs/lows and RSI readings are above 70 or below 30.
- After the formation of a lower high (in an overbought zone) or a higher low (in an oversold zone) in the RSI, traders typically watch as the RSI crosses back below 70 or above 30. This is accompanied by a breakout from a rising or falling wedge, acting as a potential signal to enter.
Stop Loss
- Stop losses might be set just beyond the high or low of the wedge.
Take Profit
- Profit targets may be established at suitable support/resistance levels.
- Another potential approach is to exit when the RSI crosses back into the opposite overbought/oversold territory.
Strategy 2: MACD and Wedge Divergence
Regarded as one of the best divergence trading strategies, MACD divergence focuses on the discrepancy between price action and the MACD histogram. The strategy is particularly potent when combined with a rising or falling wedge pattern in price.
Entry
- Traders typically observe for the MACD histogram to diverge from the price. This divergence manifests as the price reaching new highs or lows while the MACD histogram fails to do the same.
- The strategy involves waiting for the MACD signal line to cross over the MACD line in the direction of the anticipated reversal. This crossover should coincide with a breakout from the rising or falling wedge.
- After these conditions are met, traders may consider entering a trade in anticipation of a trend reversal.
Stop Loss
- Stop losses may be set beyond the high or low of the wedge, which may help traders manage risk by identifying a clear exit point if the anticipated reversal does not materialise.
Take Profit
- Profit targets might be established at nearby support or resistance levels, allowing traders to capitalise on the expected move while managing potential downside.
Strategy 3: Stochastic and Wedge Divergence
Stochastic divergence is a key technique for divergence day trading in forex, especially useful for identifying potential trend reversals. This strategy typically employs the Stochastic Oscillator with settings of 14, 3, 3.
Entry
- Traders may look for divergence scenarios where the Stochastic readings are above 80 or below 20, mirroring the RSI approach.
- This divergence is observed in conjunction with price action, forming a rising or falling wedge.
- Entry may be considered following a breakout from the wedge, which signals a potential shift in market direction.
Stop Loss
- Setting stop losses just beyond the high or low of the wedge might be an effective approach.
Take Profit
- Profit targets may be set at key support/resistance levels.
The Bottom Line
Divergence trading, coupled with the analysis of rising and falling wedges, offers a comprehensive approach to navigating the forex market. By integrating the discussed strategies with sound risk management and market analysis, traders may potentially enhance their ability to make informed decisions in the dynamic world of forex.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
BITCOIN → Consolidation and compression to 116K. Correction?BINANCE:BTCUSDT.P continues to consolidate, with the price testing support at 116K, leaving behind the zone of interest at 120K-121K. Are there any chances for further growth?
(Alternative scenario (if growth to 120K does not occur))
Fundamentally, there is nothing particularly new, and the hype surrounding Bitcoin is stagnating. Technically, on D1, consolidation is underway with pressure from bears against the backdrop of an outflow of funds into altcoins. However, the dominance index is starting to rise, which could trigger some correction in the market. The price on the working timeframe, without updating local highs, is testing lows, and the latest retest of the liquidity zone is provoking a fairly aggressive reaction that could bring the price to retest the zone of interest at 120K-121K.
But! If the price is squeezed between 116K and 0.5 Fib with a gradual squeeze towards support, the chances of a breakdown and a premature fall will increase.
Support levels: 116370, 115860
Resistance levels: 119650, 120100
Technically, the market needs a breather or correction, which is generally a sign of health. The nuance with Bitcoin is that below 115860 there is no support until 112K, and if the market breaks the current consolidation boundary, the further correction could be quite deep. In the current situation, I do not yet see any drivers or reasons for another rally.
Best regards, R. Linda!
Dollar Index (DXY): Strong Bearish Price Action
Dollar Index broke and closed below a support line
of a bullish flag pattern on a daily.
Because the market is trading in a bearish trend,
this violation provides a strong bearish signal.
I expect a bearish movement to 96.75
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Market Breadth Flashes Warning, but S&P 500 Still Holds SteadyThe S&P 500 continues its slightly positive movement. However, the momentum has been slowing, forming a long, wedge-like pattern. These long wedges have been a recurring feature in the stock market for years. From the monthly timeframe to the 1-hour chart, the market often forms wedges.
Wedge formations tend to break to the downside but can persist for a long time before doing so. The S&P 500 typically makes a sharp correction selloff, then recovers in a "V" shape, followed by the formation of another wedge. This pattern appears to be repeating once again. Still, there are some negative signals that traders should be aware of:
1- The impact of tariffs on growth remains a major unknown. Most tariff deals have not been finalized yet. While the Japan agreement is a positive step, negotiations with the EU will be more significant.
2- Many earnings reports will be released in the coming weeks, potentially shaping market sentiment. These earnings will reflect some of the tariff effects. AI and tech remain the key market drivers, so their results will be especially important.
3- Some breadth indicators are showing early warning signs. One of the most useful is the "percentage of stocks above the 200-day moving average." This metric shows whether the market is broadly participating in the rally or being driven by a few large-cap names. Typically, when the market weakens, traders rotate into mega caps. The rounded numbers below shows the weakness:
March 2024 Top: 5250 - Percantege Above 200 MA: 85%
July 2024 Top: 5675 - Percantege Above 200 MA: 80%
December 2024 Top: 6100 - Percantege Above 200 MA: 74%
July 2025 Current: 6309 - Percantege Above 200 MA: 66%
This shows that fewer and fewer stocks are managing to stay above their 200-day moving average while S&P making new highs. This is not an immediate red flag, but the weakening is apparent.
In summary, the slightly positive outlook remains intact for now and is expected to continue until the wedge breaks with some early warning signs. If that happens, a sharp selloff may follow, creating both selling and buying opportunities. In the short term, 6280 is the immediate support level to watch.
Milking USDCHF again! This time => BULLISH!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈USDCHF has been overall bullish as a correction phase, trading within the rising wedge marked in blue.
This week, USDCHF is retesting the lower bound of the wedge pattern.
Moreover, the green zone is a strong structure.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the lower blue trendline and green support.
📚 As per my trading style:
As #USDCHF approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
AMD 1W: If Not Now — Then When?The weekly chart of AMD looks like it’s holding its breath: a well-defined falling wedge, double bottom support, and price pressing right against long-term trendline resistance. Everything’s in place — now it just needs to break and run, preferably without tripping over nearby Fibonacci levels.
The stock is trading around $114 and attempting to hold above the 50-week MA. Just ahead is the 200-week MA (~131) — not only a technical hurdle but also a psychological pivot. A move above it could reignite talk of $150+ targets.
The wedge has been narrowing since late 2024. After repeated bounces off support, price has returned to the top of the pattern. A confirmed weekly close above the wedge could trigger a real breakout. Without that — it risks yet another scripted pullback.
Key Fibonacci levels:
0.618 — $133.60
0.5 — $151.42
0.382 — $169.25
0.236 — $191.30
0.0 — $226.95 (all-time high)
The roadmap looks clean — but only if volume follows through. There are signs of quiet accumulation at the bottom, but no explosive buying just yet.
Fundamentals:
AMD delivered solid Q1 results: revenue is growing, EPS beat expectations, and margins are holding. More importantly, the company launched a new $6 billion stock buyback program — showing clear internal confidence in its long-term trajectory.
There’s also a strategic AI partnership underway with a Middle Eastern tech group. This move positions AMD to challenge not just for GPU market share, but for future AI infrastructure dominance — long game stuff.
Analyst sentiment has turned bullish again, with new price targets in the $130–150 range. All of this makes the current chart structure more than just technical noise — it’s backed by strong tailwinds.
Gold at a Crossroad: Long or Short? Key Levels in FocusThere are three chart of Gold .
Gold1! is forming a Rising Wedge pattern, with resistance positioned between 103500-104000 levels.
Gold1! is facing Pivot Point resistance around the 103500 level, indicating potential supply pressure.
Gold1! is approaching the parallel channel resistance, and the upside move is nearly complete in percentage terms, with resistance around 103800-104000.
if this level sustain then we may see first of all higher prices then again fall in gold1!
Thank You !!
Gold Bulls Loading Up – Our Short Squeeze Trigger is Set!🚨 Gold Bulls Loading Up – Our Short Squeeze Trigger is Set!
We’re flipping the script on COMEX_MINI:MGC1! After a prolonged downtrend and textbook wedge compression, our breakout long is LIVE – but not without trapping the late shorts first.
💥 Entry: $3,312.1
🛑 Stop: $3,288.4
🎯 Target: $3,458.9
🧮 Risk/Reward: 6.19
Price just bounced at the retest of the wedge apex, and volume is confirming the move. If this holds, we’re riding momentum all the way up – and letting short pressure fuel the breakout.
📈 Trendline breached.
⏳ Time compression converging.
⚠️ If you’re still short, watch your stops!
Amazon Wave Analysis – 21 July 2025
- Amazon broke resistance zone
- Likely to rise to resistance 240.00
Amazon recently broke the resistance zone between the resistance level 227.30 (top of the previous impulse wave i) and the resistance trendline of the daily Rising Wedge from May.
The breakout of this resistance zone accelerated the active impulse wave 5 of the intermediate impulse sequence (C) from April.
Given the strength of the active impulse wave 5, Amazon can be expected to rise further to the next resistance level 240.00 (former multi-month high from February and the target price for the completion of the active impulse wave iii).
ARQQ weekly pennantBeautiful weekly pennant on ARQQ weekly timeframe. This chart is coiling nicely for a continuation. Still early in the process of reaching breakout but given the recent momentum in this sector a premature break to the upside can happen at any moment.
The ticker is currently sitting above the monthly 20ema (overlayed on this weekly chart), and just had a strong bounce off the daily 20ema (overlayed on this weekly chart). Golden cross is also highlighted that occurred in December 2024 with the daily 50ema retracing back to the daily 200ema and then continuing the uptrend earlier this spring.
SYM Trade Breakdown – Robotics Meets Smart Technical's🧪 Company: Symbotic Inc. ( NASDAQ:SYM )
🗓️ Entry: April–May 2025
🧠 Trade Type: Swing / Breakout Reversal
🎯 Entry Zone: $16.28–$17.09
⛔ Stop Loss: Below $14.00
🎯 Target Zone: $50–$64+
📈 Status: Strong Rally in Motion
📊 Why This Trade Setup Stood Out
✅ Macro Falling Wedge Reversal
After nearly two years of compression inside a falling wedge, price finally tapped multi-year structural support and fired off with strength. This wasn’t just a bottom — it was a structural inflection point.
✅ Triple Tap at Demand Zone
Symbotic tapped the ~$17 area multiple times, signaling strong accumulation. Volume and momentum picked up with each successive test, showing institutional interest.
✅ Clean Break of Trendline
Price broke through the falling resistance trendline decisively, confirming the bullish reversal and unleashing stored energy from months of sideways structure.
🔍 Company Narrative Backdrop
Symbotic Inc. isn't just any tech stock. It’s at the forefront of automation and AI-powered supply chain solutions, with real-world robotics deployed in major retail warehouses. That kind of secular growth narrative adds rocket fuel to technical setups like this — especially during AI adoption surges.
Founded in 2020, Symbotic has quickly become a rising name in logistics and warehouse automation, serving the U.S. and Canadian markets. With robotics in demand and investors chasing future-ready tech, the price action aligned perfectly with the macro theme.
🧠 Lessons from the Trade
⚡ Compression = Expansion: Wedges like this build pressure. When they break, the moves are violent.
🧱 Structure Never Lies: The $17 zone was no accident — it was respected over and over.
🤖 Tech Narrative Boosts Confidence: Trading is easier when the fundamentals align with the technicals.
💬 What’s Next for SYM?
If price holds above the wedge and clears the $64 resistance, we could be looking at new all-time highs in the next cycle. Watching for consolidation and retests as opportunity zones.
#SYM #Symbotic #Robotics #Automation #AIStocks #BreakoutTrade #FallingWedge #SwingTrade #TechnicalAnalysis #TradingView #TradeRecap #SupplyChainTech