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Parallel Channel

GOLD → Sellers taking interest for retesting in goldHello Traders! As we all know that last week gold has made ATH with red candle and also did a retest to 2799 but this retest is not enough for continuation of bullish trend here i have shared my analysis about gold Currently gold is trading on 2799 at gold support level as next week is going to start in 3 hours so gold can do a gap down opening with strong volume candle and we can see 2774 in gold because gold is in strong bullish trend so it should touch 2774 which is golden zone of fib to continue its bullish trend. Support Level: 2758-2767 Resistance Level: 2815-2819 Fib Golden Zone: 2773-2763 Liquidity Zone: 2730 (also strong low) As gold is trading in a ascending channel so our target would be the trendline of ascending trendline but our entry should be at golden zone of fib. Do not take entry at ATH that is the first of technical analysis so here our entry for buy would be very risky so we will wait for retest. For Now we can take sell trade for scalping but always use SL because SL is better than liquidation so i am in for sell till 2763 If you like my analysis kindly boost my idea and follow me for more analysis Analysis By: PIPsOptimizer Have a nice day thank you!
FX:XAUUSDShort
by PIPsOptimizer
XAUUSD TODAY'S MAPPING IN 4H TF Hello Guy's Welcome To Another Day Of TRADING Here we are mapping chart of XAUUSD ( GOLD ) in 4-Hour TF This chart shows the price of gold (XAUUSD) over time. The price is moving in an upward trend (light blue channel). Current Situation: The price recently dropped but is near a strong support area (gray zone). Prediction: If the price stays above this support, it might bounce back up and continue rising. Risk: If it falls below the support zone, the trend could change. Basically, the idea is that gold might go up again after a small dip, but if it breaks below support, the trend could reverse.
OANDA:XAUUSDLong
by Art_of_TradingFX
Lowe’s Makes a Lower HighLowe’s has been falling since mid-October, and some traders may see further downside risk. The first pattern on today’s chart is the series of lower highs and lower lows over the last three months. If the resulting descending channel remains in effect, it could point to potential move below the January 8 low of $242.96. Next, the 50-day simple moving average (SMA) recently turned negative and crossed below the 100-day SMA. Prices are now stalling at both. That may suggest its longer-term is weakening. LOW also ended last week below its 8-day exponential moving average. That may suggest its short-term is weakening. Next, stochastics are dipping from an overbought condition. Finally, President Trump’s tariffs on Mexico and Canada may impact the home-improvement chain. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:LOW
by TradeStation
TRUMP Token Analysis: Is This Best Buy Zone Before a +40% PUMP!?Today, I decided to re-analyze the OFFICIAL TRUMP token( BINANCE:TRUMPUSDT ) for you; if you want to have the TRUMP token in your portfolio, in what range can you buy this token, and at what prices can you sell it with a profit or even prevent further loss? TRUMP Token started correcting after all the hype, after the news of the launch of the Official Melania Meme token ( BINANCE:MELANIAUSDT.P ) and has dropped more than -60% from its All-Time High(ATH) . TRUMP Token is moving near the upper line of the descending channel and the Resistance zone($32-$30) . According to the theory of Elliott waves , the TRUMP token seems to be completing microwave 5 of microwave c of the main wave Y . The main wave Y could end in a Potential Reversal Zone(PRZ) and be another opportunity to buy TRUMP Token , of course, with capital management in mind . I expect the TRUMP token to start rising again after the -15% decline from the close of the lower high line of the descending channel and the Support lines and at least a +20% increase . Note: Of course, the FOMC Statement, Federal Funds Rate decision, and Press Conference can affect the general trend of the crypto market and the TRUMP token. Note: If the TRUMP token goes below $22.00, there is a possibility that the fall will continue. Note: However, concerns have been raised about supply concentration, with 85% of the tokens controlled by Trump's team, who have reportedly liquidated approximately $500 million worth of tokens. This situation poses potential risks for retail investors. What do you think about the TRUMP token? Can the TRUMP Token rise again, or is it forming a Dead Cat Bounce Pattern ? Please respect each other's ideas and express them politely if you agree or disagree. OFFICIAL TRUMP Analyze (TRUMPUSDT), 1-hour time frame. Be sure to follow the updated ideas . Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; 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.
Long
by pejman_zwin
39
Bitcoin can exit from triangle and continue to fall nextHello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price started to grow inside the upward channel, where it at once rebounded from the resistance line of the channel and fell to the support line. Then BTC broke the support level and rose in a short time to the resistance line of the channel and then it started to decline. Bitcoin fell to the support level, which coincided with the buyer zone, thereby exiting from the channel and after it some time traded between 94250 level, it fell to 90850 points. Next, the price impulsed and continued to grow inside the upward triangle, breaking the support level again. Later it reached the even resistance level, which coincided with the seller zone. Soon, BTC broke the 104700 level, rose to the resistance line, and then fell back and continued to trades between the 104700 level. Later BTC broke this level and fell below, after which turned around and quickly rose to the resistance line of the triangle and then dropped to the support line, where at the moment continues to trades close. So, in my mind, I think that Bitcoin can move up and then exit from the triangle and continue to decline to the 94250 support level. For this case, I set my TP at this level. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
4
EURO - Price can reach resistance level and then bounce downHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A few moments ago price broke $1.0410 level and started to trades inside flat, where it at once fell to $1.0250 level. Then Euro bounced up from this level and rose to resistance area, after which turned around and started to decline. In a short time, price fell to $1.0180 points, thereby exiting from flat and then started to grow in rising channel. Inside channel, price broke $1.0250 level, rose a little, and then made a small correction to support line. Next, Euro rose to $1.0530 points, thereby breaking resistance level and making a gap, but soon fell to $1.0350 points. Price exited from channel, so, now I think it will make move to resistance level and then fall to $1.0250 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
10
USDJPY → Trump crashes the market, dollar ralliesFX:USDJPY breaks downtrend structure. Monday started unexpectedly for traders with Trump's actions, which gutted localized situations not only in the forex... The imposition of tariffs, another batch of statements about the Eurozone, BRICS, and also this: “Trump said that the Fed made the right decision last week to suspend rate cuts” produced a corresponding reaction in the market. On the back of inflation expectations, the dollar is accelerating its growth, thus provoking a rally in USDJPY. Technically, the focus is on the resistance at 155.95 and the support of the previously broken channel, which can be tested before further growth. Resistance levels: 155.95, 156.6 Support levels: 155.0, 153.6 The price is trying to consolidate in the buying zone, but the resistance at 155.95 is holding the price back from active strengthening. Breakdown and consolidation of the price above this area may provoke growth to the trend resistance. Regards R. Linda!
Long
by RLinda
6
PEPEUSDT🚀 PEPE/USDT Technical Analysis PEPE has entered a critical support zone after a sharp correction. Historically, this area has acted as a strong launching pad for significant upward moves (see previous rallies of 339% and 224%). Currently, price action is respecting the lower boundary of the ascending channel, showing potential for a bullish reversal. Should it hold, the next targets could align with key resistances around 0.00001400 and potentially as high as 0.00002000 in the mid-term. 🟠 Key Levels to Watch: Support: 0.00001080 Resistance: 0.00001350, 0.00001750 📈 Momentum Outlook: A breakout above the orange resistance zone would indicate renewed bullish momentum. However, a failure to hold the support zone may suggest further downside risk. Stay tuned for updates! 🔔
Long
by Aliirezaeii
16
Hedera Daily: Beware of the Bearish Dragon Pattern In my previous article, I focused on Elliott Wave counts for HBAR. () This time, I’ll approach the analysis from a different perspective: 1. **Dragon Pattern** 2. **Weekly Candlesticks** 3. **Parallel Channel** 4. **Oscillator** 5. **Fundamentals** 6. **Key Levels** 7. **Short-term Forecast and My Position** --- ### 1. Dragon Pattern The Hedera daily chart suggests a bearish “Dragon Pattern” forming. For a reference on a previous Dragon Pattern in Bitcoin, see: () --- ### 2. Weekly Candlesticks and the Dow Theory on the daily Overlaying the weekly candlesticks schematically also indicates a clear bearish bias. Unless the weekly candle closes bullish—or at least recovers to 31 cents—the continuation of the downtrend looks very likely. The daily lower-low in the Dow Theory we already have might emphasize the bearish sentiment more. --- ### 3. Parallel Channel The price has dropped below the yellow line on the diagonal parallel channel. The following likely targets appear to be the light blue or gray lines. Considering this, it seems natural to expect a move toward the green box, although the path may involve some fluctuations. --- ### 4. Oscillator At the same time, the oscillator values remain at their respective low levels, suggesting a scenario where any downward move might be more gradual than abrupt. However, such a steep decline itself isn't excluded at the extreme of oscillator values. --- ### 5. Fundamentals From a fundamental standpoint, overall market sentiment is pessimistic, influenced by the DeepSeek shock and U.S. tariff concerns, making a short-term return to optimism seem unlikely. However, from a TA perspective, this aligns with the scenario many have been anticipating. If a decline materializes now, it may reflect the market providing its catalyst. --- ### 6. Key Levels On the downside, the area near the 23-cent low is almost particular to command attention. I watch around 17.5 cents (the top of the green box). If the price does reach this level, panic selling could spark wicks down into the 15-cent region. Although the bottom of the box is around 12.6 cents—and the likelihood of dropping that far seems slim—long-term HBAR holders like myself would welcome the opportunity. --- ### 7. Short-term Forecast and My Position As I posted on X (formerly Twitter), I’m currently short 34.5 cents and plan to take profits around 17.9 cents. Since a minor bounce could happen first, I don’t intend to add to my short position at this level. My spot buy orders are scattered from around 24 to 15 cents, illustrating my long-term bullish stance on Hedera. For a bullish take, feel free to check out my earlier analysis (admittedly a bit optimistic, but I’m confident in the overall movement): ()
CRYPTO:HBARUSDShort
by jackrabbitrage
BITCOIN - Price can touch resistance level again and then fallHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 A few days ago, price declined inside falling channel to $92100 level, after which it turned around and started to grow. In a short time, price exited from channel and broke $99500 level, but when it started to trades in a wedge, it dropped back. Price some time traded near $92100 level and then in a short time rose to $106500 level, breaking $99500 level again. Then BTC exited from wedge and started to trades inside flat, but firstly it rose to $109K points and then fell back. Inside flat, price corrected to $99500 level and then in a short time rose to $106500, after which started to fall. I think BCT can touch resistance level one more time and then fall to $99500 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
9
BITCOIN → The price is getting ready to drop to 100K - 97KBINANCE:BTCUSD is facing strong resistance. The price is being pushed away from the 105-107K zone as much as possible, forming a defense conglomerate. But, this resistance cannot overshadow the global bullish situation yet A controversial situation is forming on H1-H4: a descending channel and a symmetrical triangle. And everything depends on what part of the market sees which figure. The primary reaction to the triangle support may be accompanied by a rebound, but based on the situation with the resistance, we can assume that the rebound from the triangle will not be deep and the price will try to go down. If we look at the descending channel, the price is held back from falling by the support at 101.600. Yes, technically, it is the support of 101.600 that plays the main role now. The main question is whether this level will hold the price or not. Fundamentally, the situation is debatable, as the situation mainly depends on America, on how Trump and officials will use rhetoric regarding cryptocurrencies. It could be a bubble, a scam to win an election, or empty talk. Or it could be an actual strategy Resistance levels: 103.4K, 105.8K Support levels: 101.6K, 99.6K Emphasis on 101.6. In the short term, I expect a breakdown and price consolidation below the level followed by a drop to 100-97K BUT! Since there is a symmetrical triangle on the chart, a false breakdown of 101.6 may lead to a small upward bounce before a further fall to 100K Regards R. Linda!
BINANCE:BTCUSDShort
by RLinda
62
GOLD (XAUUSD): Support & Resistance Analysis For Next Week Here is my latest structure analysis for Gold for next week. Vertical Structures Vertical Support 1: Rising Trend Line Vertical Resistance 1: Rising Trend Line Horizontal Structures Resistance 1: 2816 - 2820 area Support 1: 2786 - 2790 area Support 2: 2718 - 2732 area Support 3: 2689 - 2698 area Support 4: 2655 - 2663 area Support 5: 2614 - 2635 area Support 6: 2596 - 2605 area Support 7: 2583 - 2585 area Consider these structures for pulback/breakout trading. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDShort
by VasilyTrader
5
ETH | C&H | $8k+++☕The C&H Pattern With a Little Tilt to It💧 This chart showcases how we can grab forecasted targets using chart patterns similarly to my other postings and how we can use these patterns to our convictions BITSTAMP:ETHUSD is currently still trading within the falling wedge pattern and will play a big role into being the cause of the C&H breakout As shown on the chart we can see the main trendline target in orange somewhat lines up with fib extension and C&H trajected target which creates a great confluence in forecasting what's next to come After price makes it's way to breakout at the upper trendline we should see a push towards $4,800 in the acts of a Pullback Trigger and Not Permanent Resistance Price action doesn't go in a straight line forever so we'd have to see a cool off period retesting atop from the breakout (SnR) for a second point contact to launch price further, the first point contact is where we are now, and by adding a SMA or EMA this will allow for optimal accumulating zones The red squares are the major and minor pivot points to calculate the levels for the Fibonacci extensions and also line up with Fib Channel which was measured from the base structure (main trendline in orange). Follow to stay tuned on what price action will do next after this hopefully plays out🚀
BITSTAMP:ETHUSDLong
by Nathanl19
HelenP. I Gold will continue to move up inside upward channelHi folks today I'm prepared for you Gold analytics. In this chart, the price declined to support 2, which coincided with the support zone, and some time traded near this level and then rebounded up to support 1. Then Gold turned around and dropped to support 2, and when the price reached this level, it broke it and declined a little below. After this movement, the price in quickly rose back to support 2 and then some time traded in the support zone. Later price made a correction movement again and then started to grow inside an upward channel, where it soon broke support 2. In the channel, the price fell to the trend line, which is the support line of the channel also, and then continued to move up next. Some time later Gold rose to support 1, which coincided with one more support zone and broke this level. Soon, the price rose to the resistance line of the channel and then made a correction to trend line, but a not long time ago it rebounded and continued to rise. For this reason, I expect that XAUUSD will rise to 2800 points inside an upward channel. If you like my analytics you may support me with your like/comment ❤️
OANDA:XAUUSDLong
by FirstNameHelen
29
BTC's exhausting rangingBINANCE:BTCUSDT Bitcoin's ranging made me tired! look at this chart! It's gonna go below 100k once again and only support it has, is around 102k. if the support is lost, we can see it reach around 96k once again. ⚠️ Disclaimer: This is not financial advice. Always manage your risks and trade responsibly. 👉 Follow me for daily updates, 💬 Comment and like to share your thoughts, 📌 And check the link in my bio for even more resources! Let’s navigate the markets together—join the journey today! 💹✨
Short
by CRYPTONIC_trend
SWFT is showing bullish strength upon breakout of bullish flag!It appears as though the RSI is cooling off and SWFT may consolidate in the .035c-0.030c range before the next leg up.... One thing I have noticed is the price does not consolidate for too long which indicated a whale or two are gobbling up any SWFT they can get their hands on... Expect a gap up to the top of the ascending channel in the immediate term. Where are all my Swifties at!!! If we do see a sell off I dont expect the price to stay in the 0.03c range for very long. Don't swim against the current, ride the wave & be brave!
COINBASE:SWFTCUSD
by satoshi123
Gold (XAU/USD) Reverses from Resistance – Is a Sell-Off UnderwayGold (XAU/USD) Hits Resistance and Faces Reversal – Is the Sell-Off Beginning? Gold surged to test the upper boundary of its ascending channel, touching key resistance. However, bullish momentum seems to be fading as sellers step in, pushing prices lower. This could signal the start of a pullback, potentially targeting mid-channel support or even the 200 EMA. If buyers fail to reclaim control, we may see a deeper correction. Eyes are now on the next key support levels—will gold find strength, or is a larger sell-off underway?
OANDA:XAUUSDShort
by MrStellanSight
Descending Channel on EUR/NZD @ D1A descending channel pattern formed on the daily chart of the EUR/NZD currency pair following a month-long uptrend. The pattern's borders are marked with the yellow lines. The potential entry level is at the cyan line. The potential take-profit level is at the green line. The stop-loss can be set to the low of the candle preceding the breakout candle. It's not shown on the chart. I will ignore bearish breakouts from this descending channel formation.
Long
by AndriyMoraru
Bitcoin Faces Resistance for the 7th Time—Breakout or Rejection?Bitcoin ( BINANCE:BTCUSDT ) is attacking the Resistance zone($107,300-$105,400) for the seventh time ; even in one of these attacks , it created a Bull Trap . During the last two to three days , Bitcoin has formed an Ascending Channel(Black) and another Ascending Channel(Purple) in the 15-minute time frame . According to the theory of Elliott waves , Bitcoin seems to be completing microwave 5 of the main wave 5 , and we can expect corrective waves at least up to the upper line of the descending channel(broken) . I don't expect Bitcoin to succeed in breaking the Resistance zone($107,300-$105,400) in the seventh attack , although there is positive news around the crypto market , but I think we need a stronger stimulus to break this resistance zone (real news) . Cumulative Short Liquidation Leverage: $108,218-$106,476 Cumulative Long Liquidation Leverage: $104,460-$103,911 Note: The negative point is that the upper line of the descending channel was not broken with a large volume, so we hope for the break of the Resistance zone($107,300-$105,400). Note: If the lower line of the ascending channel(Black) is broken, we can expect further decline and filling of the CME Gap($101,525-$100,375). Note: If Bitcoin goes over $108223, we can expect more pumps and maybe a new ATH. Can Bitcoin break the Resistance zone($107,300-$105,400) and create a new All-Time High(ATH)!? Please share your ideas in the comments. Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 15-minute time frame. Be sure to follow the updated ideas. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; 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.
Short
by pejman_zwin
12