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Triangle

Wajani Investments: ETHUSD Analysis ETHUSD has currently formed a triangle with a resistance broken to the upside. In most circumstances, I’ll like to wait for a retest of that resistance, i.e. resistance-becomes support to be sure that the breakout was not false. Once that level is tested and held, I’ll take a trade assuming Leg2 would have a similar move like Leg1. This is a very good trade with a 1:4 RR. If you have any questions, feel free to ask. You can add or subtract from this idea. Remember, trading always carries risks, and this is for EDUCATIONAL PURPOSES only.
COINBASE:ETHUSDLong
by racyrace
GOLD → Retest of consolidation resistance. Breakout?FX:XAUUSD is consolidating in a symmetrical triangle pattern. The price is stabilizing amid a falling dollar and uncertainty... Gold is recovering after falling to $3,283 thanks to a weaker dollar and lower bond yields amid concerns over Trump's new tariff threats. The announced tariffs against seven countries, including Brazil and the Philippines, have heightened tensions, partially offsetting the Fed's hawkish signals. Markets are now awaiting new data from the US and speeches by Fed officials, which could influence the further dynamics of gold. Technically, gold is squeezed between the resistance and support of a symmetrical triangle. The price is being aggressively pushed away from support within a bullish trend, but at the same time, gold is testing resistance for the fifth time, which only increases the chances of a breakout. Resistance levels: 3330, 3345, 3358 Support levels: 3308, 3295 If gold continues to storm the local resistance at 3330 and the triangle resistance during consolidation, we will have a good chance of catching the breakout and growth. An additional scenario could be growth after a shake-up of the triangle support and the global trend. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
30
Potential Top in CostcoCostco Wholesale has been quietly limping, and some traders may see downside risk in the big-box retailer. The first pattern on today’s chart is the June low of $973.90. COST made lower highs while trying to hold that level but is now sliding below it. That may be viewed as a potentially bearish triangle breakdown. Second, the 8-day exponential moving average (EMA) is under the 21-day EMA. MACD is also falling. Both of those signals may be consistent with short-term downtrends. Third, COST made a lower high in June compared with February. Compared with the broader market’s breakout, such price action may reflect a lack of buying interest. Finally, the 100-day simple moving average has turned meaningfully lower for the first time in over two years. That may suggest a weakening longer-term trend. 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.
NASDAQ:COST
by TradeStation
Ethereum can make a small correction before it continues to growHello traders, I want share with you my opinion about Ethereum. After a long period of consolidation within a descending triangle, Ethereum broke out and started forming a steady upward channel. The impulse move from the buyer zone gave the market fresh bullish energy. We saw the price pushing through key resistance levels, showing strong momentum and confidence from buyers. Eventually, ETH reached a local peak and is now hovering just above the current support level at 2835. This area is crucial - it previously acted as resistance and has now turned into a support area, giving bulls a chance to regroup. Based on the structure, I expect a short-term correction toward the support area, followed by a continuation to the upside. The trend remains strong, and the impulse is not yet exhausted. That’s why I set my TP at 3240 points, which aligns with the upper expansion target based on previous movement. Given the breakout, strong uptrend, and support zone now being retested, I remain bullish and anticipate further growth from the current levels. 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.
THINKMARKETS:ETHUSDLong
by LegionQ8
1
Silver Pushes HighsSilver broke out a month ago, and some traders may think the metal is ready to run. The first pattern on today’s chart is last Friday’s last price of 36.93. It was the highest weekly close in 14 years, which may reflect buying pressure. Second, XAGUSD has made higher lows while remaining trapped below resistance. That ascending triangle is a potentially bullish continuation pattern. Third, the 8-day exponential moving average (EMA) has remained above the 21-day EMA. Such configurations can be consistent with positive short-term momentum. Finally, Bollinger Band Width recently dropped to a four-year low. Will that tight price compression give way to expansion? Check out TradingView's The Leap competition sponsored by TradeStation. 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.
OANDA:XAGUSD
by TradeStation
GOLD → Distribution. There is potential for growth to 3450–3500FX:XAUUSD breaks through consolidation resistance and forms a distribution pattern. A breakout of 3345-3358 could lead to another rally amid high economic risks... Gold is rising for the third day in a row amid growing concerns about new tariffs announced by Trump. He threatened to impose tariffs on Canada and most of its trading partners, as well as the EU. Despite the strengthening of the dollar, demand for gold remains strong due to uncertainty and expectations for US inflation data next week. Investors are cautious ahead of CPI and the Fed's possible response The correlation between gold and the dollar is declining, with gold rising due to geopolitical reasons amid high economic risks. If the bulls keep the price above 3300-3345, the market could be extremely positive for 3400-3500. Resistance levels: 3345, 3358 Support levels: 3330, 3308 Gold has broken through the resistance of the “triangle” consolidation pattern and is forming a distribution phase towards the zone of interest 3345 - 3358, from which a small correction may form before growth. Since 3345 is an intermediate level, the focus is on 3358. I do not rule out the possibility of a long squeeze of the support levels 3330, the triangle support, and 3310 before the growth continues. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
15
DOGE/USDT – Is Dogecoin About to Ignite Altseason Again?Hey Traders! If you’re finding value in this analysis, smash that 👍 and hit Follow for high-accuracy trade setups that actually deliver! Dogecoin just broke out of a multi-month descending wedge — and history tells us to pay close attention when this meme king wakes up. Let’s dive into why this setup could be the start of something massive. 📈 Chart Pattern DOGE has been consolidating for months inside a falling wedge — a classic bullish reversal structure. It’s now finally broken out with strong volume confirmation, holding above the 50 EMA and showing signs of momentum building up. 🔍 Historical Clue Remember what happened in the previous bull markets? ✅ 2021: DOGE exploded 2000%+ and triggered the craziest altseason ever. ✅ 2017: DOGE moved first, followed by hundreds of altcoins rallying massively. Now, in 2025 — it looks eerily similar. Every time DOGE wakes up, it signals that retail and meme sentiment is heating up, a classic altseason ignition. 🎯 Trade Setup Entry: $0.198 (Already triggered) Targets: TP1: $0.28 TP2: $0.42 TP3: $0.64 Stoploss: $0.162 Risk-Reward: Massive upside potential, with clearly defined invalidation. 💡 Final Thoughts Altcoins are starting to follow. ETH has broken out. XRP is running. BTC dominance has rejected trendline resistance. Everything is aligning. If history repeats, this breakout in DOGE could mark the official start of Altseason 2025. 👉 Don’t sleep on DOGE. This might just be the trigger we’ve been waiting for. 📌 Follow for more setups & insights. Stay tuned!
Long
by CoreCrypto1
1
SOLB | Confirmed Descending Triangle Breakout – 32% Target📍 Ticker: SOLB (Solvay SA – Euronext Brussels) 📆 Timeframe: 1D (Daily) 📉 Price: €30.14 📈 Pattern: Descending triangle breakout confirmed on daily close 📊 Breakout Probability estimation: ~73% (short-term triangle breakout upward) 🔍 Technical Setup (Updated on Daily Chart): Solvay has now confirmed the breakout on the daily timeframe, closing above both the horizontal support and the descending trendline. This marks a multi-timeframe confluence breakout, increasing confidence in the projected move toward upper resistance levels. ✅ Daily candle close above descending resistance ✅ RSI breakout above 55, building momentum 📉 Stop clearly defined under €27.90 → optimal risk profile 📊 Volume expanding, validating move 🧠 Updated Trade Plan: 📥 Entry Zone: €29.90–€30.50 (daily confirmation) ⛔ Stop-Loss: Below €27.90 🔁 Hold while structure remains above descending trendline support 🎯 Upside Targets & Potential Return (from €30.14) 🎯 Target Price Return Target 1 €33.84 +12.06% Target 2 €39.76 +32.21% 📊 Pattern Probability – Daily Structure: 📐 Pattern: Descending Triangle Breakout 🔺 Upward breakout probability: ~73% 🎯 Full measured move supports Target 2 if buyers remain active ⚠️ Technical Signals to Watch: 🔎 Retest of descending line on lower volume = strong ✅ RSI > 55 with bullish structure 📈 Rising volume → growing institutional interest 📊 Price reclaiming structure from broader daily consolidation 💬 Solvay is transitioning from a textbook 4H breakout to a multi-day continuation setup. The alignment of pattern, structure, and momentum makes this one of the cleaner swing setups on the European market right now. 🔔 Follow @TargetTraders for high-probability technical trades. #SOLB #BreakoutSetup #DescendingTriangle #TechnicalPattern #SwingTrade #Euronext #TargetTraders #VolumeBreakout #ChartAnalysis
EURONEXT:SOLBLong
by TargetTraders
After breaking support level, Euro can continue to fallHello traders, I want share with you my opinion about Euro. After forming an ascending channel, the price steadily moved higher and reached a local range area near 1.1850 points. However, once it entered this zone, the momentum faded. The market started showing signs of distribution, and we saw multiple attempts to push higher being rejected. This range acted as a cap, preventing further growth. Now, the price has pulled back and is trading near the current support level at 1.1700, which also coincides with the support area. This zone has already been tested several times, and each bounce has been weaker than the previous one. That suggests growing pressure from sellers. Looking at the broader structure, the price exited the previous triangle formation with an upward move, but now that impulse has exhausted. The rising wedge is also broken. Based on the behavior at resistance and the weakness around the current support, I expect a breakdown from the range and further decline toward TP 1 at 1.1500 points. If bearish pressure continues, the price could eventually reach the major buyer zone around 1.1345 - 1.1300 points. Given the weakening momentum, retests of support, and lack of bullish continuation, I remain bearish and anticipate a continuation of the downtrend. 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
3
Gold Trade Setup – Watching the BreakoutGold Trade Setup – Watching the Breakout Gold is currently consolidating between $3,200 and $3,500, with price action now pressing against a descending resistance line that has triggered multiple rejections in the past. We’re approaching a key decision point. I'm favoring the upside in this setup — the momentum and structure suggest a potential breakout — but I fully recognize the downside potential and want to be prepared for both scenarios. Tight risk controls are key here. Here’s how I’m positioned: • Long Entry: Around $3,333 - Stop Loss: $3,330 - Target: $3,363 (looking for this level to be reached by end of day) • Short Entry: Around $3,336 - Stop Loss: $3,340 - Take Profit: $3,303 The structure could resolve sharply in either direction, so I’m staying nimble and reactive.
COMEX:GC1!Long
by JoshuaDanford