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The What vs. The Where - A 2nd Breakout Pattern After A Nice WinA few days ago we looked at a bullish breakout opportunity on Silver and it played out perfectly. After a lovely move to the upside, price has started to consolidate again providing us with a very similar setup. HOWEVER, just as in the case of the first, we need to be aware that once again the WHAT doesn't necessarily align with the WHERE stopping this from being a Grade A trading opportunity. Please leave any questions or comments below and remember to hit that LIKE button before you go! Akil
OANDA:XAGUSDLong
by Akil_Stokes
2
Raoul Pal's Big Banana. $100 Trillion dollars Crypto market.And how on earth do we reach that point? Is Raoul's thesis regarding the exponential age accurate, suggesting we have until 2030 to invest and reap the benefits; so "don't F@ck this up!" As a charting enthusiast, I am eager to see if there exists a technical foundation that could allow us to teleport to those levels and estimate how many years it might take. Let's examine the entire crypto market, which includes everything from stable coins to tangible real world assets like Gold. We can distinctly identify three significant consolidation patterns. Rising wedge #1 a sideways pennant rising pennant #2 Now, considering this is a logarithmic chart. It provides us with logarithmic amplitudes and projections. An amplitude is a calculated move based on the boundaries of the consolidation pattern. Essentially, it involves taking the top and bottom width and applying it to the breakout point for a rising pattern. In a #HVF, we utilise the midline of the funnel to forecast targets. The projections illustrated on this chart pertain to the sideways pennant, employing the flagpole to establish our target. It is this sideways pennant pole projection that leads us to 100 trillion dollars and beyond. Test it out for yourself if you find it hard to believe these figures could become a reality :) So there we have it; yes, 100 trillion dollars may appear excessively optimistic and fantastical, especially since we are currently at 3.28 trillion dollars. However, the charts indicate that Crypto could indeed be the sector where the majority of financial transactions take place in the forthcoming exponential future.
CRYPTOCAP:TOTALLong
by BallaJi
Small Clues In A Big Breakout PatternSilver has been consolidating as of late and if there's one thing we no about contraction is that it eventually leads to expansion aka a breakout. The issue with this particular setup is that based on location of the pattern, there's no predetermined directional bias for the breakout. Therefor, what we're doing today is looking for small clues that the market has provided to give us any type of edge in predicting a breakout one way or another and guess what. WE FOUND SOME! If you have any questions or comments, please leave them below! Akil
OANDA:XAGUSDLong
by Akil_Stokes
Euro can reach resistance line of pennant and then dropHello traders, I want share with you my opinion about Euro. The price of the Euro had been gradually declining, forming a series of lower highs and finding support around the 1.1070 - 1.1025 buyer zone. This pullback created the groundwork for a new structure to form as volatility narrowed and momentum shifted. After reaching a local bottom, the market rebounded and began constructing an upward pennant, a classic consolidation pattern that often precedes continuation or reversal, depending on breakout direction. Within this pennant, price respected both trendlines, each approach to the upper resistance was followed by a rejection, and each touch of the support line triggered a bounce. Now, the Euro is moving closer to the resistance line of the pennant once again. Given the overall structure, proximity to the 1.1415 resistance level, and prior reactions from the seller zone, I think the Euro can reach the top boundary and then continue to decline, potentially breaking below the pattern. That’s why I set my TP at 1.1150 points, targeting a move toward the support level and exit from the pennant. 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.
Short
by LegionQ8
7
Bitcoin 4H Outlook: Dual Wyckoff Reaccumulation in Play⚙️ Technical Thesis: We're currently witnessing the unfolding of two back-to-back Wyckoff reaccumulation structures on the 4H timeframe: 📦 Reaccumulation #1 (Left) Structure: PSY → BC → AR → ST → Spring + Test → LPS → SOS Bullish pennant formed after Spring, leading to a strong breakout BC of this phase (105,821) now acts as a major upper resistance 📦 Reaccumulation #2 (Right) Structure: BC → ST → UT → Shakeout → Minor Spring → SPRING (current) Current price has tagged Spring at the convergence of: Lower Bollinger Band ($105,174) 61.8% Fibonacci retracement ($105,915) 🧪 Market Internals RSI: 38.31 → deeply oversold, aligned with a Spring phase Volume: Fading on last leg down, hinting exhaustion BBs: Upper: $110,828 Basis: $108,006 (confluent with 55 SMA) Lower: $105,174 200 SMA: $102,248 (macro support) Pattern context: Another bullish flag is forming within the second structure 🎯 Trade Expectations (Pending Spring Test as Confirmation) If this Spring holds: 🔄 LPS → Look for bullish reaction with increased volume TP1: AR retest around $106,752 TP2: 55 SMA + BB Midline confluence at ~$108,000 TP3: Range target or previous BC level near $112,000–$113,000 A decisive break below $105,000 with RSI < 35 and rising volume would invalidate the Spring and shift focus to breakdown risk. 🔍 Wyckoff View This is a classic Spring setup from a Wyckoff reaccumulation structure. Two sequential structures are visible, and the first structure’s BC now serves as the foundational support for the second. This kind of layered support builds conviction — but needs validation via LPS and SOS phases. Yes the major trendline was broken, but we are now consolidation and reaccumulation for the next leg up, unless the pattern is invalidated. 🕹 No short setups active unless structural failure confirmed. 💬 Share your view: do you see this as a Spring or potential failure? #BTCUSDT #Wyckoff #Reaccumulation #CryptoTrading #BitcoinAnalysis #TechnicalAnalysis #Spring #LPS
BINANCE:BTCUSD.PLong
by BitcoinMillio18
PNUTUSDT – Breakout Brewing from Bullish Pennant!PNUT Bullish pennant Formation – 200%+ Potential Incoming?! 👀🔥 Hey Traders! If you're all about high-conviction plays and real alpha, smash that 👍 and tap Follow for more setups that actually deliver! PNUT is consolidating inside a bull pennant after a massive 200%+ rally earlier this month. Currently, it's sitting near the lower support zone, forming higher lows—a sign of growing pressure for an upside move. 🔍 Setup Highlights: Bull Pennant forming Strong bounce zone (green box) Potential breakout path marked in projection 📌 Trade Idea: Entry: $0.31–$0.28 support zone Targets: $0.39 / $0.46 / $0.55 / $0.72 SL: Below $0.27 Leverage: 5x–10x (only for experienced traders) Keep a close eye—once PNUT clears the triangle resistance, things could move fast. What are your thoughts?
Long
by CoreCrypto1
3
Bitcoin (BTC/USD) Bullish Breakout – Targeting $116K Using MMCBitcoin has printed one of the most powerful continuation setups in technical analysis — a Bullish Pennant — and it's playing out beautifully, backed by Mirror Market Concepts (MMC). Let's break down the structure, the reasoning behind this move, and how smart money could be driving this price action. 📈 1. Market Context – The Impulsive Rally That Set the Stage The first thing to notice is the strong bullish move that occurred before the pennant started forming. This rally is important because a Bullish Pennant is a continuation pattern, and without a strong preceding trend, the pattern loses its credibility. This initial move acts as the “pole” of the pennant — a clean, impulsive leg upward, driven by demand and momentum. Such moves are often the result of strong buying from institutions, retail FOMO, or positive macroeconomic catalysts. 🧠 Psychology Insight: The rally injects confidence into the market. Buyers who missed the move now wait for a pullback, while early buyers prepare to scale in on continuation. 🔺 2. Bullish Pennant Structure – The Calm Before the Next Storm After the bullish pole, the price enters a tight consolidation phase, forming a symmetrical triangle: Lower highs and higher lows compress price into a pennant shape. Volume usually declines during this phase, showing that the market is resting, not reversing. The market is essentially "charging up" for the next big move. 💡 Why This Matters: The Pennant shows temporary equilibrium between buyers and sellers. A breakout typically signals which side wins — and in this case, buyers have taken control. 🪞 3. Mirror Market Concepts (MMC) – The Secret Weapon This chart also showcases the power of MMC (Mirror Market Concepts), a strategy based on the idea that the market tends to reflect its previous behavior, structure, and reactions. Here’s how MMC applies: The price broke out of the pennant, then came back to retest the breakout area, just like it did during the previous breakout from the consolidation zone. The Mini SR – Interchange zone acted as resistance before, and now it’s acting as support — a classic Support/Resistance flip (SR flip). The retest behavior mirrors the earlier breakout structure, offering a confirmation that the market is following a familiar rhythm. 📊 Trading Logic: When a market behaves similarly at two different points in time, it’s often a signal of institutional activity — "smart money" repeating proven entry points and exits. 🔁 4. Retesting – The Entry Opportunity for Smart Traders After the breakout from the pennant, price didn’t just shoot up — it pulled back to retest the broken structure. This is a high-conviction setup in technical trading: ✅ Retest confirms the breakout was valid (not a fakeout). ✅ It provides a safe entry point for traders who missed the initial impulse. ✅ Volume and bullish candle structure post-retest indicate buyer interest. 📌 The Mini SR – Interchange zone, around $106,631.69, acted as the perfect launchpad for the next bullish leg. 🎯 5. Trade Setup – High R:R Swing Opportunity Let’s look at the exact setup this chart offers: Entry: After the breakout and retest near $107K–$108K Stop Loss (SL): Below the support zone at $106,631.69 Target (TP): At $116,105.65 — derived by projecting the height of the pole from the breakout zone This gives an excellent reward-to-risk ratio, a key principle in sustainable trading. 🧠 6. Psychological Fuel – Why This Move Has Legs Traders who missed the earlier rally are now watching closely for entries. Retail traders are seeing confirmation. Institutions may already be in from lower levels and are now defending support zones. Sentiment is bullish post-retest, increasing volume and momentum. It’s a self-fulfilling prophecy: as more traders recognize the pattern and the confluence, the trade becomes even more likely to play out. 🗓️ 7. What to Watch Next – Smart Risk Management Even though the pattern looks strong, smart traders always remain cautious: ✅ Move SL to breakeven once price moves halfway toward the target. 🔄 Consider taking partial profits near interim resistance zones (like $112K). 📆 Stay alert for economic events or Bitcoin news that could cause sudden volatility. 📘 Conclusion: Bullish Setup with Proven Structure and MMC Confirmation This BTC/USD chart is a textbook example of a Bullish Pennant breakout, with added strength from Mirror Market Concepts and a clean SR Flip retest. For swing traders and price action lovers, this setup offers a structured, strategic, and smart opportunity to ride the next wave of Bitcoin momentum.
CRYPTO:BTCUSDLong
by GoldMasterTrades
$NVDA $TSLA $META $AMZN – Triangle Squeeze Incoming?📊 Symmetrical triangle formations are building across these tech giants — and volatility is compressing. 🔍 What to watch: 📈 Breakout above upper trendline = bullish momentum 📉 Breakdown below lower trendline = bearish confirmation 📉 RSI on NASDAQ:NVDA is at 73.04 = overbought warning ⚠️ NASDAQ:NVDA earnings drop May 28, could be a trigger for resolution These coils don’t last forever. Price is building pressure — and one strong candle could break the dam. Stay sharp, and tighten your stops. This is where risk management matters most. 👇 Which side are you betting on — breakout or breakdown?
NASDAQ:AMZN
by SmartSignalss
Euro will start to grow from support and then leave pennantHello traders, I want share with you my opinion about Euro. Previously, price was moving confidently inside an upward channel, forming steady higher highs and higher lows. After a clear breakout from that structure, the price started consolidating inside a new pattern, an upward pennant. This formation usually appears as a continuation structure, where the market builds pressure before a new impulse. Currently, the price is trading near the middle of the pennant, after rolling down from the resistance line and rebounding up from the support area. The structure is compressing, and a retest of the support line near 1.1155 may occur before a breakout happens. Given the confluence of the pennant structure, the strong support area, and the previous bullish momentum, I expect the Euro to rebound again from the lower trend line and initiate an upward breakout. That’s why I set my TP 1 at the 1.1500 level, a logical target aligned with the upper boundary of the pattern and next key resistance. 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.
Long
by LegionQ8
6
Educational Video: Nifty Outlook-How Technical analysis is done.We have tried to draw a parallel channel on Nifty hourly chart. The chart indicates that we are just below the mid channel line. The mid channel line will act as a resistance if the price is below the same and will act as a support if the price is above it. Right now it is acting as a resistance. Top of the channel always acts as a resistance and bottom of the channel always acts as a support. Additionally there are historic resistances and supports which indicate the other levels which may act as support or resistance. There are also Mother and Father lines (50 and 200 EMA)(EMA = Exponential Moving Average). To understand in detail how parallel channel works or how supports and resistance are derived or what is Mother, Father and Small Child theory. I would recommend you my book The Happy Candles Way to Wealth creation. By reading this book you can understand all these concepts with ease. You can additionally understand what is fundamental and technical analysis and how to do it. You will also get to understand the dos and the don'ts of investment in equity by reading various chapters on Behavioural Finance. Overall it is a value for money book available on Amazon in Paperback and Kindle version. The book is also available on Google play book and other E-book stores. You can also contact us for getting the copy of it. The Happy Candles way is one of the highest rated books in the category and you can go through the reviews of the book on Amazon before purchasing it. Based on Parallel Channel, Supports and Resistances, Mother Father and Small child theory resistances and supports of Nifty remain at. Nifty Resistances Remain at: 24815, 24909, 24977, 25045 and 25116. The channel top resistance for the current parallel channel is around 25372. Nifty Supports Remain at: 24780 (Mother Line Support), 24679 and 24537. The Channel Bottom support is currently around 24396. 24247 is the most important Father line support. Shadow of the candles currently is neutral. Indicating Nifty can still go in any direction. A pennant like structure (Triangle is also formed). This indicates that Breakout or Breakdown of this triangle or pennant can take Nifty a long way on either side. Nifty is currently squeezing in the pennant with limited space. Usually when the space is limited a Breakout can happen in either direction. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NSE:NIFTY
by Happy_Candles_Investment
EURUSD | Bullish Pennant Breakout – Retest Before the Target📊 EUR/USD (1H Timeframe) The EUR/USD pair has shown a textbook example of a bullish pennant formation, which typically occurs during strong uptrends and signals a continuation of the bullish momentum. The price had an impulsive rally prior to the formation of the pennant, indicating a strong underlying bullish sentiment. Following the rally, the market entered a period of consolidation where price action began to coil between two converging trendlines – this is the pennant structure, marked by lower highs and higher lows. This tightening price action typically suggests that market participants are pausing to digest the previous move, often leading to another breakout in the same direction – in this case, bullish. 📐 Key Technical Elements Highlighted: Bullish Pennant Formation: Characterized by a sharp move up (flagpole) followed by a tight consolidation range (the pennant). Volume generally contracts during consolidation and expands on breakout, confirming momentum. Breakout and Retest: Price has broken above the upper resistance line of the pennant. Now pulling back for a retest, a healthy technical behavior often seen in strong setups. This pullback offers a second chance for entry for traders who missed the initial breakout. Support & Resistance Zones: SR Interchange Zone (previous resistance turned into potential support). Minor Resistance Zone above, now likely invalidated by breakout. These zones are critical in evaluating potential price reaction and risk control. Projected Target: Based on the measured move from the pole height of the pennant added to the breakout point, the projected target stands near 1.14315, a level of prior structural interest. 🎯 Trade Plan – Technical Strategy ⚠️ This is a hypothetical scenario for educational purposes. Always manage your risk. Entry Zone: On confirmation of a successful retest (bullish price action at trendline support) Stop Loss: Below the pennant’s lower trendline or the SR interchange zone (1.1245 – 1.1260 region) Target: 1.14315 (based on breakout projection) Risk-Reward Ratio: Approx. 1:2 to 1:3 depending on entry precision 🔍 Psychological & Market Structure Notes: A bullish pennant is a sign of accumulation after a strong rally – it tells us that buyers are resting, not gone. The retest shows institutional behavior: smart money often allows price to come back to a breakout level before driving it higher again, to shake out weak hands and trap late sellers. Momentum traders and breakout traders often wait for confirmation on the retest to pile in with higher confidence. 📚 Educational Takeaway: This setup serves as a great case study in: Continuation patterns (Bullish Pennants) Breakout-retest behavior Measured move target projections Trend confirmation techniques Market psychology and structure If you're learning technical analysis, this is a high-probability pattern that occurs across many asset classes including forex, crypto, and stocks.
Long
by GoldMasterTrades
TRUMP is Back on the Move! Breakout Trade Setup Inside!!🚀 TRUMP Bull Pennant Breakout – 40% Potential Incoming?! 👀🔥 Hey Traders! If you're all about high-conviction plays and real alpha, smash that 👍 and tap Follow for more setups that actually deliver! 💹💯 TRUMP is breaking out of a symmetrical triangle in the 4H time frame — signaling the potential for a massive upside move! The last time we saw similar consolidation, it exploded with over 40% gains. 📈 Entry: Current Market Price 🎯 Target: $18.70+ 🛑 Stop Loss: $12.58 Lev: Use low lev (Max 5x) 📊 Risk/Reward: High-reward setup for breakout traders 🔥 With momentum building and volume picking up, this setup could deliver strong returns if the breakout sustains. 💬 What are your thoughts on this move? Are you trading $TRUMP?
Long
by CoreCrypto1