Wedge
NIFTY ..Wedge or Ending diagonal..Excellent spot to buy stocks As you can see the wedge down in the charts is entering a throwdown overshoot..this over shoot can end max up till 21300...This over shoot will trap bears...that confirmation will come when Nifty closes voilently above previous days close...Till then its a downtrend to the above Nifty figure of 21300..So all the best..cause we will have a zoom up up till year end of 11 to 17%
Bearish Divergence on the weekly chart !Hello Traders 🐺,
Over the past few days, we've witnessed a massive market dump. Interestingly, just one day before BTC's drop, I published an idea predicting the downturn, yet it received the lowest engagement I've ever had! Why? Because most people were expecting a continuous pump. But here's the truth: even in a bull market, price corrections are inevitable — that's how the market functions. 📉
So, if you want to stay ahead of the game and not miss the next big move, make sure you're following me for more insights! 🚀
Despite the recent dump, I still believe that Altcoins are about to experience a massive pump. But why?
As you can see in the chart, there's a significant bearish divergence on the weekly time frame. And as many of you know, the higher the time frame, the more reliable the signals, so a bearish divergence on the weekly is something we can really count on.
Secondly, we have a double top formation near a key resistance zone, which is a strong indication that a reversal could be near. Thirdly, we’re seeing a rising wedge pattern, which is another bearish sign.
So, in my opinion, all these factors together strongly suggest that we’re about to witness a major correction in the BTC.D chart — and a huge pump in the Altcoin market! 🚀
🐺 Stay sharp, trade smart! – KIU_COIN 🐺
Euro can reach resistance level, break it and continue to growHello traders, I want share with you my opinion about Euro. A few days ago, the price entered a wedge pattern, where it immediately rebounded from the support line into the seller's zone. It then started to decline, quickly dropping to the 1.0355 support level, which aligned with the buyer's zone. Following this, the Euro experienced a sharp gap down, breaking out of the wedge and falling below the support level. However, it soon reversed direction and began to rise, reaching the support level again and breaking through it. After that, the Euro continued moving upward within the range formed by the resistance and support lines. It first corrected to the support line before making a strong push toward the support-turned-resistance level. After breaking it and completing a retest, the price climbed further to the resistance line. From there, it briefly pulled back before making another upward move, reaching the seller's zone, which coincided with a key resistance level. The price consolidated near this level for some time before dropping to the support line. However, not long ago, it rebounded and started to rise again. In this scenario, I expect the price to continue its upward movement toward the resistance level. If it manages to break through, a retest could follow before further growth. Based on this, I have set my TP at 1.0580. Please share this idea with your friends and click Boost 🚀
Is the Dollar's Rally Over? Key Levels to WatchIs the dollar trend doomed? Many say the trend is over, but the charts tell a different story. The Dollar Index remains at key support levels, with technicals pointing to a potential upside. A breakout retest around 105 could determine the next move. Will inflation, wage growth, and the Fed's stance push the dollar higher? Or will weak economic data trigger a breakdown? Watch now and decide—long or short?
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AudJpy formed rising wedge pattern!Looking for Impulse Down.
AudJpy formed rising wedge pattern as continuation pattern and AJ should continue fall to the deep. Make sure you have your own rules on RR and follow them. This is just a trading idea to help you gain better knowledge. If you have any question ask me in comments.
Learn & Earn!
Wave Trader Pro
BTCUSD: Bearish Signal from Mother Candle on Daily ChartMother Candle - A big candle that engulfs the subsequent candles.
The Mother Candle formed on Dec 5th on a Daily Chart still holds good, with a Bear Counter Attack and a Fake Break Down. With the Rising Wedge to get to the Mother Candle, there is a very high probability that this could be a bearish reversal.
If there is a Break Down on the Mother Candle, there are known support levels from GETTEX:92K to $85K. The price could dip down to one of these levels.
Let's see.
Nas100 Correction: Why a Drop Below 20K is LikelySince reaching its recent all-time high of 22,232, the PEPPERSTONE:NAS100 has dropped 1,000 points. While this might seem like a significant decline, it actually represents less than a 5% correction—hardly a major pullback.
This drop has brought the index into a key confluence support zone, raising the common question: Is the correction over?
In my opinion, it’s not. For a healthy correction, a dip below 20,000 is necessary.
Technical Perspective
🔹 Since the "bullish" event marked by Trump’s election, the index hasn’t made substantial progress. While it has technically risen, the gains have been marginal, suggesting more distribution than true bullish strength.
🔹 The index remains confined within a large rising wedge, as seen on the chart. This type of structure often signals topping and potential reversal rather than sustainable upside momentum.
What’s Next?
In the medium term, I expect a drop below 20,000. For traders looking to speculatively trade the Nas100, potential sell zones would be around 22,000 and 23,000— in the event of a new all-time high.
GOLD → Retest of risk zone 2880. A pullback is possibleFX:XAUUSD is breaking the local trend and is testing the panic and risk zone of 2880 as part of the correction. A retest of this area will increase the chances of a trend change
Gold is losing growth due to uncertainty of Trump's tariff plans and economic problems in the US. Contradictory statements from the president are supporting the dollar, while rising bond yields are holding back gold prices.
Markets are waiting for US GDP data: if the figures are lower than forecast (2.3%), gold may rise. Fed speeches are also important, but the key will be Trump's statement, which may change the market sentiment
Technically, locally we have a bearish market structure and in this case we expect the decline to continue after a small correction.
Support levels: 2878, 2888
Resistance levels: 2890, 2907
False breakdown of the above support, after such a strong fall, may form a correction. Initially, the price may head towards 0.5 Fibo, after a small pullback we may test 0.7 Fibo. But then we will have to watch the price reaction.
If the gold will go down, the focus will be on 2880.
If the movement will be difficult and the price will start to test the resistance, then in this case, against the background of high risks, we can return to the growth phase.
Regards R. Linda!
PEPEUSDT: A Massive Move Incoming?Yello, Paradisers! Is PEPEUSDT gearing up for a breakout, or will it crumble under pressure? Let's break it down.
💎PEPEUSDT has formed an ending diagonal with a clear 5-wave structure and bullish divergence, increasing the probability of an upcoming bullish move. But here's the catch—it all depends on key levels and volume confirmation.
💎If PEPEUSDT breaks out and closes a candle above resistance with strong volume, it will signal strength and increase the likelihood of a continued bullish push.
💎If price consolidates with weak volume, it’s better to stay on the sidelines—especially with the broader crypto market looking bearish for now. No need to force trades.
💎However, If PEPEUSDT breaks down and closes below the support zone, it completely invalidates the bullish setup. In this case, stepping aside is the best move.
🎖 Discipline and patience always win in this market, Paradisers. If the market gives confirmation, we strike. If not, we wait. Trade smart!
MyCryptoParadise
iFeel the success 🌴
SPCE class a bullish divergence + falling wedge?On the weekly we see very obvious bullish divergence. There's also a falling wedge like structure forming during the same period.
Arguably, it's about to form a double bottom on the daily as well.
I see at least some upside. As for targets, i didnt set any yet except I'll be taking out half at some point to secure the gains.
Posting idea for the first time and through app, sorry if out of place ❤️
BTCUSD Bearish Analysis Update
Back in December, I shared a bearish analysis on #BTCUSD, highlighting a potential major move. Now, we've seen:
📉 2.1M pips
📉 -19.56% decline
Key Technical Reasons:
✔ Falling Wedge on the Daily TF
✔ Retest of the Rising Wedge and trendline
👁 Falling Wedge formation on the Monthly TF, with a breakout of resistance that the market needs to retest to the downside
Now that we've reached a long-term support level, I'm expecting a short pullback to the upside before the bearish trend resumes toward $64K.
Sharing both my December analysis and an updated chart for reference. 📊
#Bitcoin #CryptoAnalysis #Trading #TechnicalAnalysis #BTC #Markets
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!
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!
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.