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Trend Line Break

Is Tata Motors Ready for a Bullish Reversal?Timeframe: Daily Tata Motors (NSE) has been in an expanded flat correction pattern for the past 11 months. In this pattern, the highest high (HH) was 1179, and the lowest low (LL) was 683.2. Currently, the price is trading below the 200, 100, and 50 EMA levels, indicating a bearish trend. In this expanded flat correction: Wave (A) completed at 855.4, Wave (B) peaked at 1179, Sub-wave 4 of Wave (C) touched 786.65, Sub-wave 5 is now unfolding. Once Wave 5 is completed, traders can look for buying opportunities with target levels at 799 – 951 – 1050+. First, it’s crucial to identify the end of Wave (C) to confirm the correction’s completion and a bullish reversal. Projecting ending point of wave (C): Wave (C) may end at 2.618% of Wave (A) around 628.7. Wave 5 has multiple potential targets/support levels: 0.618 extension of Wave 1 at 526, 0.382 extension of Wave 1 at 628, 1.618 reverse Fibonacci of Wave 4 at 657, 2.618 reverse Fibonacci of Wave 4 at 562. We will update further information soon.
NSE:TATAMOTORS
by forextidings
EURGBP: What Are You Anticipating With This Volatile Pair?I am a swing trader, as you can probably tell from the timeframes I use in my posts. However, I do believe that EURGBP lends itself better to day trades or position trades, if you can stomach the movement. Considering it has made, for me, surprising reverses just when you think it would push further, I offer a couple of scenarios for both a sell and buy possibility. I do see EURGBP selling further but this is a pair you want to be prepared for movement in the opposite direction as well. Game plan, ready! What would be your move?
by rhashedaw
1
BITCOIN → Down to $90,000. Downside risks are risingBINANCE:BTCUSD feels the change of mood and continues to form set-ups hinting at a possible continuation of the correction. Another retest of the 90K risk zone is possible. On the medium-term timeframe bitcoin failed to hold near ATH, in the upper consolidation range and entered the local selling zone, under the level of 99800. A negative note is felt in the cryptocurrency market, as well as a change in sentiment. Altcoins continue to break through bottom after bottom without any positive prospects. Bitcoin at this time is most likely resentful of the US governing apparatus due to the fact that no promises from Trump have been kept so far, and the price is moving into a protracted correction in the local perspective Briefly, here's what's going on: Expectations: Bitcoin reserve, cryptocurrency market support, transparent regulation, pumping the market ... Reality: new scam coins created before the US election that sucked all liquidity, market manipulation, trade war with almost every country on the planet, dumping the market into the abyss. Support levels: 95.8 (trigger), 91300, 90K Resistance levels: 100.2, 102.67 Technically, the situation is that bitcoin may continue its decline and test 90K again, from which the risks around 90K will grow. At the moment, the price is in consolidation between 95.8 - 100.2. A pre-breakdown consolidation is forming near the support, foreshadowing the support breakdown and further fall to 90K. But, due to the dependence of the asset before the actions of politicians in the U.S., the price may shake out to 100.2 before further falling Regards R. Linda!
BINANCE:BTCUSDShort
by RLinda
40
Will GBP/JPY Attempt to Push Higher?Due to it's failed attempts to break each Lower High and the Highest High, I believe it's time for GBP/JPY to sell further. Looking at it on the daily timeframe, I've identified areas of strong support that needs to be broken, preferably with a momentum candlestick and a close below from H4 to Daily. Target prices identified, coincide with the various structural supports as well as Fib Trend Extension levels with the final target being a possibility for price to "spike" into, reversing for a possible retracement. View video for a full explanation and identified TPs. Please "like" and feel free to comment with your own ideas or agreement!
Short
by rhashedaw
5
#BNXUSDT - Expecting price decline📉 SHORT BYBIT:BNXUSDT.P from $0.4377 🛡 Stop Loss: $0.4502 ⏱ 1H Timeframe ✅ Overview: ➡️ BYBIT:BNXUSDT.P experienced a sharp pump, but after reaching $0.4735, signs of buyer exhaustion appeared. ➡️ The $0.4377 level now acts as a key resistance area. If the price fails to hold above it, a downward move is expected. ➡️ POC at $0.3045 confirms a high-liquidity zone, which could serve as a deeper retracement target. ➡️ High volume on recent candles suggests profit-taking by buyers, increasing the probability of a decline. ⚡ Plan: ➡️ Enter SHORT from $0.4377 if the price confirms rejection at resistance. ➡️ Risk management through Stop-Loss at $0.4502, above key selling pressure. 🎯 TP Targets: 💎 TP1: $0.3941 — first profit-taking level. 🔥 TP2: $0.3600 — next major support zone. 🚀 BYBIT:BNXUSDT.P Expecting a reversal and price decline! 📢 After a sharp price surge, BYBIT:BNXUSDT.P is showing weakness around $0.4377. It’s crucial to monitor this level for potential rejection. 📢 If the price breaks below $0.3941, further downside movement is likely, targeting $0.3600. However, if the price climbs above $0.4502, the short scenario could be invalidated.
BShort
by MoriartyTrading
1
How to determine trend line in trading?Determining a trend line in trading is a fundamental skill used to identify the direction and strength of a price trend. Here's a step-by-step guide to drawing and interpreting trend lines: 1. Understand the Basics of a Trend Line A trend line is a straight line that connects two or more price points on a chart, extending into the future to act as a line of support or resistance. Uptrend Line: Connects higher lows in an upward trend (acts as support). Downtrend Line: Connects lower highs in a downward trend (acts as resistance). Sideways/Ranging Market: Price moves horizontally, and trend lines may not be as effective. 2. Identify Key Price Points For an uptrend, identify at least two higher lows (swing lows) and draw a line connecting them. For a downtrend, identify at least two lower highs (swing highs) and draw a line connecting them. The more times the price touches the trend line without breaking it, the stronger and more valid the trend line is. 3. Draw the Trend Line Use a charting platform to draw the line manually. Connect the swing lows for an uptrend or swing highs for a downtrend. Ensure the line is not too steep or too flat; it should reflect the natural slope of the price movement. 4. Validate the Trend Line A valid trend line should be touched by price at least three times. The more touches, the more reliable the trend line. If the price breaks the trend line significantly, it may indicate a potential trend reversal or weakening of the current trend. 5. Use Trend Lines for Analysis Support/Resistance: In an uptrend, the trend line acts as support. In a downtrend, it acts as resistance. Breakouts: A break below an uptrend line or above a downtrend line may signal a trend reversal or continuation, depending on the context. Trend Strength: A steep trend line may indicate a strong trend, while a shallow one may suggest a weaker trend. 6. Combine with Other Tools Use trend lines in conjunction with other technical indicators (e.g., moving averages, RSI, MACD) to confirm trends and potential entry/exit points. Look for volume confirmation: Increased volume during a breakout or bounce off the trend line adds validity to the signal. 7. Adjust as Needed Trend lines are not static. As new price data comes in, you may need to redraw or adjust the trend line to reflect the current market conditions. Example: BTC has touched the line that I've drawn multiple time so It is a reliable Bullish Trend line. The next Possible connection can be around 93.5k! the line also acts as a support. By mastering trend lines, you can better identify potential trading opportunities and manage risk effectively. Always practice on historical data and use proper risk management techniques.
BITSTAMP:BTCUSDEducation
by CRYPTONIC_trend
GOLD → Price enters buying zone ahead of NonFarmsFX:XAUUSD resumes gains Friday after brief pause, retesting liquidity accumulation support, but traders cautious ahead of US NFP release NFP decline may support gold - if the actual NFP comes in below forecast (169K), it will reinforce expectations of an imminent Fed rate cut. Weaker labor market → pressure on the dollar → gold rises. Fed and policy: At 15:00, the Fed's monetary policy report will be released, which could clarify the regulator's future course. If signaling easing → gold up. If there will be hawkish notes → pressure on XAUUSD, but we should also take into account Trump's policy on economic risks Conclusion on XAUUSD: In the medium term there is every chance to reach $3,000, locally it all depends on the news: weak NFP and lack of wage growth could send gold above $2,900. If the data turns out to be strong → a downward correction is possible Resistance levels: 2870, 2882 Support levels: 2858, 2848 Technically, the focus is on the 2870 resistance. If the price can break this resistance and consolidate above, this maneuver will open the way to further upside. I do not rule out a retest of the channel boundary or 2858 before further upside. Regards R. Linda!
FX:XAUUSDLong
by RLinda
4
GOLD → Correction for accumulation of potentialFX:XAUUSD is growing during the week. The asset enjoys interest on the background of economic risks and dollar correction. After a small correction, the train may move north again Markets are watching the US-China trade talks, easing fears of a global trade war, as well as Trump's initiatives on the Middle East, weakening demand for the USD as a safe-haven asset. In addition, a rising yen is pressuring the USD, supporting gold. Investors' focus is on Friday's NFP data, which could influence the Fed's next steps. Attention is also paid to weekly jobless claims and Fed comments. The market is quite aggressive on any drastic action by Trump as this assessment is correlated relative to global risks Technically, the price is correcting to accumulate liquidity and potential for possible upside. Below are quite strong support areas that could push the price back. Support levels: 2845-2850, 2830 Resistance levels: 2860, 2872, 2882 As part of the correction in the uptrend, the price may test 0.5-0.7 Fibo as well as the previously broken resistance of the ascending channel. There are no technical and fundamental reasons to break the trend, the growth may continue after a false breakdown. Regards R. Linda!
FX:XAUUSDLong
by RLinda
23
Nvidia - The Future Is Actually Known!Nvidia ( NASDAQ:NVDA ) is repeating price action: Click chart above to see the detailed analysis👆🏻 Back in 2018 Nvidia has been retesting the upper channel resistance trendline again and again before we saw a trendline break and a massive drop. We are seeing the same behaviour today but so far, Nvidia still manages to consistently respect the trendline. Levels to watch: $200, $120 Keep your long term vision, Philip (BasicTrading)
NASDAQ:NVDALong
by basictradingtv
38
GOLD: Correction for potential accumulation.is growing during the week. The asset is performing well in the face of economic uncertainty and a dollar drop. After a minor modification, the train might go north again. Markets are keeping an eye on US-China trade talks, which are alleviating fears of a global trade war, as well as Trump's Middle East efforts, which are reducing demand for the US dollar as a safe-haven asset. Furthermore, a rising yen puts pressure on the US dollar, which supports gold. Investors are focused on Friday's NFP report, which may influence the Fed's future measures. Weekly jobless claims and Federal Reserve statements are also monitored. The market is quite aggressive on any radical action by Trump because this evaluation is tied to global concerns. Technically, the price is correcting to gather liquidity and potential for future gains. Below are some strong support levels that could send the price back. Support levels: 2845-2850 and 2830. Resistance levels: 2860, 2872, and 2882. Trade Active Gold is testing the previously defined support zone. The accent is on 2845-2840. If the bulls keep the defense above this zone, it is worth waiting for gains in the short-term. As part of the upward corrective, the price may test the 0.5-0.7 Fibo level, as well as the previously broken ascending channel barrier. There are no technical or fundamental grounds to break the trend; growth may continue despite a fake collapse. By Nexus Trades Zone
FX:XAUUSDLong
by NexusTradesZone
#BILLYUSDT expecting further decline!📉 SHORT BYBIT:BILLYUSDT.P from $0.00367 🛡 Stop Loss: $0.00390 ⏱ 1H Timeframe 📍 Overview: ➡️ BYBIT:BILLYUSDT.P continues to trend downward, forming new local lows. After retesting the $0.00387 zone, the price failed to hold and dropped again, confirming seller dominance. ➡️ POC (Point of Control) at $0.00475 shows the highest liquidity area, positioned above the current price. This confirms a bearish market sentiment, as major trading activity is still concentrated at higher levels. ➡️ A breakdown of support at $0.00367 strengthens the downtrend, opening the way toward $0.00336, where buyers previously showed interest. ➡️ If the price holds below $0.00367 , further downside movement is likely, with increasing sell pressure. ⚡ Plan: ➡️ Enter short after confirming a breakdown below $0.00367 , signaling further downside. ➡️ Risk management through Stop-Loss at $0.00390 , placed above the nearest resistance zone. ➡️ Primary downside target – $0.00336, where buyers may step in. 🎯 TP Targets: 💎 TP 1: $0.00336 🚀 BYBIT:BILLYUSDT.P remains weak — expecting further decline! 📢 BYBIT:BILLYUSDT.P remains in a strong downtrend with no signs of buyer recovery. If the $0.00367 level is broken with increasing volume, the decline may accelerate. 📢It's crucial to watch the reaction at $0.00336—if significant buying interest appears, a short-term bounce is possible. 📢However, in the long term, there are no clear reversal signals yet, and long positions should be approached with caution.
BShort
by MoriartyTrading
#1000PEPEUSDT expecting further decline!📉 SHORT BYBIT:1000PEPEUSDT.P from $0.009650 🛡 Stop Loss: $0.009875 ⏱ 1H Timeframe 📍 Overview : ➡️ BYBIT:1000PEPEUSDT.P remains under selling pressure after failing to sustain an upward move. The price is trading below the key POC $0.010072 , which previously served as a high-liquidity zone. ➡️ The recent breakdown of $0.009815 , followed by a retest as resistance, confirms the bearish scenario. ➡️ If the asset holds below $0.009650 , this could trigger a move toward $0.009242, where buying interest was previously observed. ➡️ Current price action shows weakness in buyers as volume does not support an upward breakout. ⚡ Plan : ➡️ Enter short once a firm breakdown below $0.009650 is confirmed. ➡️ Risk management through Stop-Loss at $0.009875 , positioned above the nearest resistance zone. ➡️ The main downside target is $0.009242 , where profit-taking and a possible bounce could occur. 🎯 TP Targets: 💎 TP 1: $0.009242 📢 BYBIT:1000PEPEUSDT.P is showing signs of further downside, with no strong buying reaction at the moment. 📢 The $0.009242 level should be closely monitored as a potential support zone. If weakness persists, breaking this level could accelerate downward pressure. 📢 For those holding long positions, caution is advised when facing repeated resistance retests. 🚀 BYBIT:1000PEPEUSDT.P continues to show weakness — expecting further decline!
Short
by MoriartyTrading
GBPUSD → A breakout of trend resistance. Change?FX:GBPUSD is forming a local trend change attempt. The price breaks the resistance of the descending price channel and forms a consolidation above the line, in the buying zone. The fundamental background is very complicated and not stable because of Trump's policy and the tariff war with the whole world. Sharp shifting statements have a huge impact on the markets. Technically, the price is breaking the resistance of the long downtrend and we have a chance to change the local trend. A breakout of the resistance at 1.2488 and a price consolidation above this zone may motivate a buyer to support this move. Resistance levels: 1.2488, 1.26 Support levels: 1.2414, 1.2377 The price may test the previously broken channel resistance before rising further, but the 1.2488 trigger plays an important role. If the bulls can keep the defense above this area, the currency pair may rally a bit in the short term. Regards R. Linda!
Long
by RLinda
5
ADANI GREEN The stock can't be predicted clearly as there are abnormal moves due to various news. However, it's likely forming an ascending triangle (not clearly). look for bearishness if it closes below 870 on a weekly TF, and the target would be 600 again. Bullishness is only visible above 2300 or the breakout of the trendline. For a successful breakout/breakdown, we should ideally see a strong respective timeframe candle on our chart to close —it’s crucial to use that timeframe. Following the breakout/breakdown, the ideal entry point would be after a consecutive candle that breaks above/below the breakout/breakdown candle As always, remember to do your own research before making any investment decisions!
NSE:ADANIGREENLong
by ShivNetha
The bear trap of TardFiMicroStrategy (MSTR): Locked & Loaded for a Breakout Trump just put David Sacks in charge of crypto policy—a massive win for the industry. This signals clear regulations, institutional confidence, and a green light for Bitcoin adoption. The crypto space is buzzing, with major players vying for a seat at the table. The recent trade war FUD triggered a classic bear trap, shaking out weak hands before the real move. Bitcoin briefly dipped but held strong, showing resilience. MSTR is tightening into a textbook bullish wedge—coiling up for what looks like an explosive breakout. With macro winds shifting in crypto’s favor, MSTR is primed to rip higher. The question isn’t if—it’s when. NASDAQ:MSTR BITSTAMP:BTCUSD
NASDAQ:MSTRLong
by choycekotori
1
GOLD → Price is susceptible to manipulation. Correction?FX:XAUUSD amid high risks of tariff wars and high inflation reaches a new ATH and trend resistance, but due to manipulation by politicians there is a possibility of a small correction. Gold price is consolidating above $2,800 after an all-time high of $2,831, awaiting US employment data and Fed speeches. Volatility increased amid manipulations about Trump's tariff policy: first they set tariffs, then a few hours later they cancel them. In a word, “politicians”. Gold is going into correction after a false breakout of resistance of the ascending channel and on the news about temporary suspension of tariff increase by the USA. Overall gold is holding its ground as the Fed remains cautious on rate cuts. Resistance levels: 2817, 2830 Support levels: 2811, 2801, 2790 If the price breaks 2811 and consolidates below this area, we should expect a correction to 2800 - 2790 in the short term, there is no hint of a trend change, growth may continue from the key support areas. Regards R. Linda!
FX:XAUUSDShort
by RLinda
9
ACTUSDT → Attempting to change the trend BINANCE:ACTUSDT is trying to move into the realization phase after breaking through the resistance of the bearish wedge, a pattern capable of changing trends After a prolonged downtrend, the coin has found a bottom in the 0.1500 area and yesterday's bitcoin recovery was a bullish driver for ACT. The market is pretty much confirmed manipulation by the US government and will have to come to terms with that. Technically, the focus is on 0.21400 support. The key pattern to wait for is a false break of the support followed by a consolidation above the level and the start of an upside move. This would be a characteristic bullish maneuver that could lead to local strengthening. Resistance levels: 0.26800, 0.35120 Support levels: 0.21420, 0.1500 For a trend change, the coin needs not only to consolidate above the support, but also to overcome the resistance at 0.26800. The altcoin market is weak, so there should be strong confirmations to open positions in one direction or another. Regards R. Linda!
Long
by RLinda
2
USDCHF → The bullish trend may get its continuationFX:USDCHF is entering the realization phase after a prolonged correction. A favorable background is created by the uptrend and rising dollar... The technical outlook on the daily timeframe is very good. The price after breaking the trend resistance tested the previously broken line. The currency pair after the false breakout managed to consolidate above the key point, marking an interim bottom and further prospects. Technically, the focus is on the resistance at 0.911, if the bulls can overcome this area and consolidate above this level, the currency pair will be able to realize a rise to 0.918 - 0.93. Resistance levels: 0.911 Support levels: 0.90555 Before breaking the resistance, the currency pair could test 0.90555 due to the liquidity generated below this area. But, the trigger that can provoke further growth is 0.911 Regards R. Linda!
Long
by RLinda
2
GBPUSD → What are the chances of a fall after a FB?FX:GBPUSD is testing the resistance of the downtrend, but the price does not have the strength to go beyond this range. Ahead of the news that can strengthen the downward movement.... On D1, the price is also forming a false breakdown, but relatively important level, thus confirming that the price is still in the selling zone. Ahead is the Fed rate meeting, where the interest rate is likely to remain at the same level. But the most important thing will be Powell's speech. If the official's tone is hawkish, which is the most likely scenario at the moment, the dollar will get support, which may negatively affect the GBP. Technically, the strongest moves occur after false breakouts. Resistance levels: 1.24887 Support levels: 1.2414, 2.2377 A retest of the trend resistance ends with a false breakout and consolidation of prices below the line... A break of the support at 1.2414 will trigger further selling. If there is no unexpected news, the currency pair may fall to 1.224 Regards R. Linda!
Short
by RLinda
2
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
NZD-USDThe NZD/USD pair has shown interesting price action recently: ✅ Downtrend Channel Broken: The strong bearish trend finally saw a breakout above the descending trendline. ✅ Retest Completed: After the breakout, the price retested the trendline, confirming it as new support. ✅ Strong Support Zone: The pair is currently hovering around a critical support area (0.5473 - 0.5526), which aligns with the monthly low—a key decision point for bulls and bears. ✅ Potential Bullish Setup: If the support holds, we could see a bullish reversal aiming towards the 0.58 area. However, a break below this zone could trigger further downside pressure. 💡 Watch closely: Bullish confirmation above 0.56 could signal a potential rally. A break below 0.5473 may invalidate the bullish scenario. 🚀 Key Levels: Support: 0.5473 - 0.5526 Resistance: 0.57 - 0.58 #ForexTrading #NZDUSD #TechnicalAnalysis #PriceAction #TrendlineBreak #SupportAndResistance #ForexSignals #TradingView #MarketAnalysis
Long
by Dhareja