Get started

Trend Lines

What’s the Next Move for GBP/AUD? The GBP/AUD pair is trading in an uptrend, forming higher highs and higher lows, and the current pullback is considered a corrective move within this upward trend. The level of 2.05763 is seen as a positive support level for the pair, where a potential rebound to the upside could occur, targeting the 2.07442 level. However, if the price falls below the 2.05110 level and closes a 4-hour candle beneath it, the bullish scenario would be invalidated, and the trend would shift from bullish to bearish. Note: Traders should monitor economic news and data related to the Australian dollar and the British pound, as their outcomes can significantly impact the movement of this currency pair.
by CFI
1
Lower Parallel Channel/Trendline tested again, 3rd time a charm?NOTE : I am not an expert trader by any means, I am open input and sharing my ideas. I am still learning this is my second time. ************************************* DAILY Price is consolidating or ranging ************************************* 4 HOUR - Price seen between support and resistance (DOWN/BEAR) - Parrallel channel seen: ---- its height is around 5000 pips. a little more. (that i was able to measure) ---- with this being the 3rd test to its bottom line,, still hoovering in the lower channel, which could be bearish. however, it is looking like a rejection (as it is loosing momentum, and a doji is forming and likely to close as so. ---- yet, the channel is sell/short pattern. so next few candles may come with the moment and still turn, to go down ************************************* In contrast (UP/ BULLS) - Ukraine is about to begin to use btc as its national assest and an answer for that is pending soon. ( price will go up b/c this is good for this pair) - two fake-outs seen at support - the channel could continue sideways and actually go up - or the channel will soon be invalidated, moving up, breaking thru top channel line. ************************************* Right now, most technical indications are neutral, a this time for this pair. So lets wait and see. ************************************* Happy trading. Open to comments and advice. *************************************
COINBASE:BTCUSD
by jbae-89
Long orders are trapped,what should we do with the US gold marke🗞News side: 1. India considers using new Indus River project to cut water supply to Pakistan. 2. Pay attention to the news of Russia-Ukraine ceasefire negotiations today 📈Technical aspects: Gold once fell to around 3170, which is in line with our judgment of bullish weakness. This is why we are not in a hurry to participate in long orders today. I know that many bros also listened to the outside world and went long around 3200, which led to being trapped. At present, the gold price is constantly testing the 3170 support line. If it falls below, it will look to the 3150 support line. If it does not break, it will be treated as a shock. On the top, temporarily pay attention to the 3205-3215 line of resistance. If it encounters resistance and pressure, go short. On the bottom, first pay attention to the 3170 support line, and then pay attention to the 3150-3140 support line. Hold if it breaks. If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices. OANDA:XAUUSD FX:XAUUSD TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD
OANDA:XAUUSDShort
by AllenBoswell
ETH 2nd rally to 2900 then 3000 Trend: Strong bullish momentum with price trading above key EMAs 10 20 50 Momentum: High RSI suggests strong buying pressure still above the red support line but also warns of potential overbought conditions could snap back would be worried unless we go below the 50 EMA. Volume: volume is picking up again MACD: temporary fear is fading out, greed is about to kicking again Target 1 2800 Target 2 2900 Target 3 3000 Other bullish factor A lot of positive headlines, government adoption , BTC is bullish. Good set up over all simple yet effective Great risk reward opportunity !
COINBASE:ETHUSDLong
by Missmoyeu
Skeptic | Solana’s Uptrend Ignites: Big Moves Ahead?Hey everyone, Skeptic here! Let’s kick off this Friday morning with a deep dive into Solana , one of my favorite coins! 😊 In this analysis, I’m breaking down the charts, spotting spot and futures triggers, and exploring what’s next for SOL. Stick with me to the end, and we’ll grow together! <3 Let’s start with the Daily Timeframe. 📊 Daily Timeframe: The Big Picture We’re riding a solid upward channel on Solana’s daily chart. The price has reacted beautifully to the ceiling, floor, and especially the midline, which gives this channel a ton of credibility—we can trust it. After a strong price surge starting October 20 and running through January 25 , we entered a price correction. I expected a pullback to 80.78 , but we corrected to 95.15 instead. Now, we’ve formed a head and shoulders pattern, and the neckline has broken, activating the pattern. This pattern, at the end of a correction, signals a trend reversal and a continuation of the major uptrend. The target for this pattern is the height from the head to the neckline, which takes us to 202.82 —coincidentally, a key resistance level ahead. I expect we might range around that level or, if we break it, it’ll likely be a sharp and messy move. So, plan ahead to avoid FOMO or making rash moves. Our spot entry was at 151.78 , but a break above 202.82 could be another solid trigger, with a stop loss below the support at 147.97 . Don’t FOMO —wait for confirmations from SOL/BTC and Bitcoin’s action. Volume is your friend for spotting momentum, so keep a close eye on it. Let’s zoom into the 4-Hour Timeframe for long and short triggers. 4-Hour Timeframe: Long & Short Setups After breaking the 153.29 resistance, we saw a nice rally, but then we hit some turbulence. If you look closely, the market seems to have formed a symmetrical triangle—the worst pattern for breakout and momentum-based strategies. Why? The market doesn’t care about support or resistance here, making it tough to tell if moves are fake or real. So, what’s the plan? Let’s drop to the 1-Hour Timeframe. The last level we got rejected from was 174.51 . If we revisit this level with rising volume and candles showing buyer strength—think good lower shadows and strong green bodies with high closes—it means sellers pushed the price down, but buyers stepped in and drove it back up. If you see this setup and we break the 174.51 resistance, you can open a long position. For shorts, since the major and secondary trends are uptrends, I’m not giving any short triggers—it’s completely against the trend, and the risk of hitting a stop loss is way too high. Be patient. Wait for this uptrend to fake out and drop below 149.07 —then we’ll hunt for shorts. 🙂 Let’s also take a quick look at SOL/BTC. SOL/BTC Analysis On the daily timeframe, we’ve got a clean head and shoulders pattern for SOL/BTC, with the neckline broken and a pullback to it now. This could lead to a strong rally moving forward, provided it’s not a fakeout and we don’t fall back below the support at 0.0015043. What does this mean? If the market stays in an uptrend, Solana could outperform Bitcoin. And if BTC.D is dropping during a market rally, Solana could see some serious growth. That’s the Solana breakdown! If you’ve got your own technical or fundamental analysis on this coin, I’d love to hear it—drop it in the comments so we can grow together! 😄 💬 Let’s Talk! If this analysis helped you out, give it a quick boost —it means a lot! 😊 Got a pair or setup you want me to tackle next? Drop it in the comments, and I’ll get to it. Thanks for hanging out, and I’ll see you in the next one. Keep trading smart! ✌️
Long
by SkepticWise
1
EURCAD: Another Bearish Pattern 🇪🇺🇨🇦 Earlier, we spotted a head & shoulder pattern on EURCAD on a daily and a confirmed breakout of its neckline. Analysing a price action, I spotted another bearish formation today. The price formed a bearish flag pattern, and it is retesting a broken trend line at the moment. I think that the pair may drop lower soon. Next support - 1.5503 ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by VasilyTrader
1
Gold Bullish Outlook - Gold BullishFollowing strong buying momentum observed yesterday, gold is currently consolidating within a falling wedge pattern — a typically bullish setup. A breakout from this pattern could trigger a fresh upward move in the price of gold. Post-Breakout Bullish Targets: Target 1: 3230 Target 2: 3240 Target 3: 3250 Target 4: 3275 Disclaimer: This is a technical analysis-based outlook. Please assess your risk-to-reward ratio and follow your individual trading strategy. This is not financial advice — trade responsibly and according to your plan.
FX:XAUUSDLong
by shroffakshar
XAUUSD remains bearish unless it breaks 3265🗞News side: 1. India considers using new Indus River project to cut water supply to Pakistan. 2. Pay attention to the news of Russia-Ukraine ceasefire negotiations today 📈Technical aspects: Today's opening correction is due to technical repair and adjustment, which is why I shorted. The support of 3200-3210 is of great significance to the short-term trend. If it can be supported here again, it may further promote the upward expansion space. However, after the rebound in the morning Asian session, it did not break through the 3265 line. On the contrary, the bulls began to weaken. Today is Friday, and the market is not expected to show a unilateral strong attitude. It will be treated as a shock during the day. Before breaking through 3265 above, we can short at a small level during the intraday rebound. Short-term operation suggestions, temporarily look at 3235-3240 on the upper side, and look at the support of 3210-3200 on the lower side. If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices. FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD FX:XAUUSD OANDA:XAUUSD
OANDA:XAUUSDShort
by AllenBoswell
Gold has a strong deep V, 3200 support is good for longThe 1-hour moving average of gold begins to turn and continue, so the momentum of gold bears begins to weaken, and gold bulls may begin to exert their strength. However, gold started to rise all the way from 3120 to 3252 yesterday. Gold rose by about 130 points, so the volatility began to increase. Therefore, we must wait patiently for gold to adjust. Because of such a large fluctuation, an adjustment will also be tens of dollars. We must wait patiently for the adjustment and stabilize before going long. After gold breaks through 3192, it is considered a strong deep V breakthrough of important resistance. Then 3192 of gold has now become an important support level. If it falls back to 3192 in the Asian session, go long on dips. If gold falls back to near the 3200 mark, you can try to go long. Since gold has started to reverse strongly, gold bulls have begun to show their muscles. In the short term, we should not be stubbornly bearish anymore. We should be flexible and adapt to the market. The market is like this, changing rapidly. We should adapt to the market and not be too obsessed with bears or bulls. Obsession is a trap. Gold bulls are strong now, so gold is now the home of bulls. Go long when the Asian session falls back.
OANDA:XAUUSDLong
by TP_Daniel5
GBP/USD: Bull Flag Watch as Momentum Builds for Topside BreakGBP/USD traders should be on alert for a potential topside break, with price action resembling a bull flag formation. Downtrend resistance comes in near 1.3340 today—a key level to watch for those considering bullish setups. A break above that trendline would shift focus to the April 29 high at 1.3444. If cleared, there's not much standing in the way until 1.3644. Momentum signals are also starting to turn more constructive, with the 14-day RSI breaking its recent downtrend and MACD curling back towards the signal line above zero. Taken together, the setup favours buying dips and trading in line with any upside break. Good luck! DS
Long
by FOREXcom
Latest trading opportunities for XAUUSD.The market went to the target position smoothly as expected. Due to the sharp decline this week, there was a huge rebound in technical demand on Thursday. The highest broke through 3175/3200/3250. There were some pullbacks in the Asian market. So what positions should we pay attention to now? How to trade? From the news side. The results of today's meeting between Russia and Ukraine are very important. The delay of one day in yesterday's negotiations has increased geopolitical uncertainty again. This is the biggest black swan event and the factor affecting the rise of XAUUSD. Before the results are announced today. There are still uncertain factors, which are the support for the decline of XAUUSD. However. If the results of the meeting are announced on the news side, then XUAUSD will have a corresponding response in the market. Then we can naturally choose the direction of trading. Two results. Stop or extend the truce, then XAUUSD will fall further. If no agreement is successfully reached, then it is an opportunity to buy. So the impact of today's news results is very large. It needs to be paid attention to. The basic data needs to pay attention to the support of 3200. Maintain the principle of long.
TVC:GOLDLong
by Band_analysis
Can a V-shaped reversal continue the bull market?🗞News side: 1. Hamas official: If a permanent ceasefire is achieved, control of the Gaza Strip can be handed over 2. Fed Chairman Powell: The Fed is adjusting its overall policy-making framework. Zero interest rates are no longer a basic situation. The wording of underemployment and average inflation rate needs to be reconsidered. PCE is expected to fall to 2.2% in April. 3. Russia and Ukraine reached a ceasefire at the technical level 📈Technical aspects: Yesterday, the gold price staged a V-shaped reversal and once rose to close near 3244. Although the technical indicators in the hourly chart show a favorable situation, there has been no correction in the current round of gold price increase, and the rise is slow. In addition, the RSI has entered the overbought area, so we need to be alert to the possibility of gold price correction today. Focus on the 3250-3260 resistance on the top and the 3210-3200 support on the bottom. SELL 3245-3250 TP 3210-3200 If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices. OANDA:XAUUSD FX:XAUUSD TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD
OANDA:XAUUSDShort
by AllenBoswell
3
Can $AMC come back to life again? NYSE:AMC is showing some good TA on the weekly and daily chart. We are visiting lows from the past, which reminds me of when I played NYSE:AMC and it visited the COVID lows. On both the Weekly and Daily we have the MACD in GREEN, RSI crossing MA which the weekly is showing downtrend being broke. Daily chart Is almost or is right on the 8 day crossing the 21 day EMA. Daily is also breaking the downtrend of ~$4.40 along with breaking the 100 day SMA. Holding VWAP form the low of $2.45 on 4/4/2025. NYSE:AMC Price as of 5/15/2025: $2.81 Need to see continuation out of the downtrend with volume Break the resistance level of $2.81 - $2.85, which has the 100 Day SMA around the $2.83 that needs to be cleared. Then $2.90 - $3.00 and we'll follow the Fib Levels and mark support/resistance levels as we go. This could get spicy so buckle up knuckleheads! NYSE:AMC Daily NYSE:AMC Weekly
NYSE:AMCLong
by Tillbob
5
Worley Ltd Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Worley Ltd Stock Quote - Double Formation * (Anchored VWAP)) - * Wave Feature | Completed Survey * Wave Feature - * ABC / Entry & Retest | Subdivision 1 - Triple Formation * Retracement Area | Subdivision 2 * (TP1) | Subdivision 3 * Daily Time Frame | Trend Settings Condition - (Hypothesis On Entry Bias)) | Indexed To 100 - Position On A 1.5RR * Stop Loss At 94.00 AUD * Entry At 90.00 AUD * Take Profit At 84.00 AUD * (Downtrend Argument)) & No Pattern Confirmation * Ongoing Entry & (Neutral Area)) Active Sessions On Relevant Range & Elemented Probabilities; European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
PEPPERSTONE:WOR.AUShort
by TradePolitics