Get started

Wedge

Market Breadth Flashes Warning, but S&P 500 Still Holds SteadyThe S&P 500 continues its slightly positive movement. However, the momentum has been slowing, forming a long, wedge-like pattern. These long wedges have been a recurring feature in the stock market for years. From the monthly timeframe to the 1-hour chart, the market often forms wedges. Wedge formations tend to break to the downside but can persist for a long time before doing so. The S&P 500 typically makes a sharp correction selloff, then recovers in a "V" shape, followed by the formation of another wedge. This pattern appears to be repeating once again. Still, there are some negative signals that traders should be aware of: 1- The impact of tariffs on growth remains a major unknown. Most tariff deals have not been finalized yet. While the Japan agreement is a positive step, negotiations with the EU will be more significant. 2- Many earnings reports will be released in the coming weeks, potentially shaping market sentiment. These earnings will reflect some of the tariff effects. AI and tech remain the key market drivers, so their results will be especially important. 3- Some breadth indicators are showing early warning signs. One of the most useful is the "percentage of stocks above the 200-day moving average." This metric shows whether the market is broadly participating in the rally or being driven by a few large-cap names. Typically, when the market weakens, traders rotate into mega caps. The rounded numbers below shows the weakness: March 2024 Top: 5250 - Percantege Above 200 MA: 85% July 2024 Top: 5675 - Percantege Above 200 MA: 80% December 2024 Top: 6100 - Percantege Above 200 MA: 74% July 2025 Current: 6309 - Percantege Above 200 MA: 66% This shows that fewer and fewer stocks are managing to stay above their 200-day moving average while S&P making new highs. This is not an immediate red flag, but the weakening is apparent. In summary, the slightly positive outlook remains intact for now and is expected to continue until the wedge breaks with some early warning signs. If that happens, a sharp selloff may follow, creating both selling and buying opportunities. In the short term, 6280 is the immediate support level to watch.
SP:SPX
by ftdsystem
Milking USDCHF again! This time => BULLISH!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈USDCHF has been overall bullish as a correction phase, trading within the rising wedge marked in blue. This week, USDCHF is retesting the lower bound of the wedge pattern. Moreover, the green zone is a strong structure. 🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the lower blue trendline and green support. 📚 As per my trading style: As #USDCHF approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richard Nasr Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by TheSignalyst
9
AMD 1W: If Not Now — Then When?The weekly chart of AMD looks like it’s holding its breath: a well-defined falling wedge, double bottom support, and price pressing right against long-term trendline resistance. Everything’s in place — now it just needs to break and run, preferably without tripping over nearby Fibonacci levels. The stock is trading around $114 and attempting to hold above the 50-week MA. Just ahead is the 200-week MA (~131) — not only a technical hurdle but also a psychological pivot. A move above it could reignite talk of $150+ targets. The wedge has been narrowing since late 2024. After repeated bounces off support, price has returned to the top of the pattern. A confirmed weekly close above the wedge could trigger a real breakout. Without that — it risks yet another scripted pullback. Key Fibonacci levels: 0.618 — $133.60 0.5 — $151.42 0.382 — $169.25 0.236 — $191.30 0.0 — $226.95 (all-time high) The roadmap looks clean — but only if volume follows through. There are signs of quiet accumulation at the bottom, but no explosive buying just yet. Fundamentals: AMD delivered solid Q1 results: revenue is growing, EPS beat expectations, and margins are holding. More importantly, the company launched a new $6 billion stock buyback program — showing clear internal confidence in its long-term trajectory. There’s also a strategic AI partnership underway with a Middle Eastern tech group. This move positions AMD to challenge not just for GPU market share, but for future AI infrastructure dominance — long game stuff. Analyst sentiment has turned bullish again, with new price targets in the $130–150 range. All of this makes the current chart structure more than just technical noise — it’s backed by strong tailwinds.
NASDAQ:AMDLong
by TotoshkaTrades
Gold at a Crossroad: Long or Short? Key Levels in FocusThere are three chart of Gold . Gold1! is forming a Rising Wedge pattern, with resistance positioned between 103500-104000 levels. Gold1! is facing Pivot Point resistance around the 103500 level, indicating potential supply pressure. Gold1! is approaching the parallel channel resistance, and the upside move is nearly complete in percentage terms, with resistance around 103800-104000. if this level sustain then we may see first of all higher prices then again fall in gold1! Thank You !!
MCX:GOLD1!Long
by FiveCircles
Gold Bulls Loading Up – Our Short Squeeze Trigger is Set!🚨 Gold Bulls Loading Up – Our Short Squeeze Trigger is Set! We’re flipping the script on COMEX_MINI:MGC1! After a prolonged downtrend and textbook wedge compression, our breakout long is LIVE – but not without trapping the late shorts first. 💥 Entry: $3,312.1 🛑 Stop: $3,288.4 🎯 Target: $3,458.9 🧮 Risk/Reward: 6.19 Price just bounced at the retest of the wedge apex, and volume is confirming the move. If this holds, we’re riding momentum all the way up – and letting short pressure fuel the breakout. 📈 Trendline breached. ⏳ Time compression converging. ⚠️ If you’re still short, watch your stops!
COMEX_MINI:MGC1!Long
by JoshuaDanford
1
Amazon Wave Analysis – 21 July 2025 - Amazon broke resistance zone - Likely to rise to resistance 240.00 Amazon recently broke the resistance zone between the resistance level 227.30 (top of the previous impulse wave i) and the resistance trendline of the daily Rising Wedge from May. The breakout of this resistance zone accelerated the active impulse wave 5 of the intermediate impulse sequence (C) from April. Given the strength of the active impulse wave 5, Amazon can be expected to rise further to the next resistance level 240.00 (former multi-month high from February and the target price for the completion of the active impulse wave iii).
NASDAQ:AMZNLong
by FxProGlobal
ARQQ weekly pennantBeautiful weekly pennant on ARQQ weekly timeframe. This chart is coiling nicely for a continuation. Still early in the process of reaching breakout but given the recent momentum in this sector a premature break to the upside can happen at any moment. The ticker is currently sitting above the monthly 20ema (overlayed on this weekly chart), and just had a strong bounce off the daily 20ema (overlayed on this weekly chart). Golden cross is also highlighted that occurred in December 2024 with the daily 50ema retracing back to the daily 200ema and then continuing the uptrend earlier this spring.
NASDAQ:ARQQLong
by BorrowedClothes
SYM Trade Breakdown – Robotics Meets Smart Technical's🧪 Company: Symbotic Inc. ( NASDAQ:SYM ) 🗓️ Entry: April–May 2025 🧠 Trade Type: Swing / Breakout Reversal 🎯 Entry Zone: $16.28–$17.09 ⛔ Stop Loss: Below $14.00 🎯 Target Zone: $50–$64+ 📈 Status: Strong Rally in Motion 📊 Why This Trade Setup Stood Out ✅ Macro Falling Wedge Reversal After nearly two years of compression inside a falling wedge, price finally tapped multi-year structural support and fired off with strength. This wasn’t just a bottom — it was a structural inflection point. ✅ Triple Tap at Demand Zone Symbotic tapped the ~$17 area multiple times, signaling strong accumulation. Volume and momentum picked up with each successive test, showing institutional interest. ✅ Clean Break of Trendline Price broke through the falling resistance trendline decisively, confirming the bullish reversal and unleashing stored energy from months of sideways structure. 🔍 Company Narrative Backdrop Symbotic Inc. isn't just any tech stock. It’s at the forefront of automation and AI-powered supply chain solutions, with real-world robotics deployed in major retail warehouses. That kind of secular growth narrative adds rocket fuel to technical setups like this — especially during AI adoption surges. Founded in 2020, Symbotic has quickly become a rising name in logistics and warehouse automation, serving the U.S. and Canadian markets. With robotics in demand and investors chasing future-ready tech, the price action aligned perfectly with the macro theme. 🧠 Lessons from the Trade ⚡ Compression = Expansion: Wedges like this build pressure. When they break, the moves are violent. 🧱 Structure Never Lies: The $17 zone was no accident — it was respected over and over. 🤖 Tech Narrative Boosts Confidence: Trading is easier when the fundamentals align with the technicals. 💬 What’s Next for SYM? If price holds above the wedge and clears the $64 resistance, we could be looking at new all-time highs in the next cycle. Watching for consolidation and retests as opportunity zones. #SYM #Symbotic #Robotics #Automation #AIStocks #BreakoutTrade #FallingWedge #SwingTrade #TechnicalAnalysis #TradingView #TradeRecap #SupplyChainTech
NASDAQ:SYMEducation
by Adlercon333
GOLD - Price can rise to resistance line of wedgeHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 The price has been trading within a large ascending wedge for an extended period. The asset found significant support near the lower trendline of this formation, specifically in the 3205 - 3187 price area. From that support, the price initiated a sustained upward movement back towards the upper parts of the structure. Currently, XAU is facing a key horizontal resistance zone located between 3375 and 3390 points. The price is actively attempting to break through this area, which has historically served as a critical pivot point. I expect that once the price firmly breaks and consolidates above this resistance, it will continue its growth towards the upper boundary of the wedge, targeting the $3475 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️ Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
THINKMARKETS:XAUUSDLong
by WalterMoon
21
HelenP. I Acet Token may make correction and then continue growHi folks today I'm prepared for you Act Token analytics. If we look at the chart, we can observe a clear technical picture. For a considerable amount of time, the price was tightly compressed inside a large downward wedge, defined by a robust support zone at 0.0570 - 0.0550 and a descending trend line that put consistent pressure on the price. Such long consolidation periods often precede a powerful expansion. Recently, we have witnessed a decisive breakout from this wedge, confirmed by a strong impulse candle. This move signals a clear shift in market sentiment from neutral to bullish and invalidates the prior constraining structure. I believe that the momentum from this breakout will be sufficient to challenge the next major obstacle: the horizontal resistance zone at 0.0770 - 0.0790. This is a critical level to watch, as it has previously rejected price advances. My scenario implies that after potentially a small, healthy correction or retest, the price will continue its upward movement. A successful break above this critical area would confirm the newfound strength of the buyers and open up a clear path for further appreciation. For this reason, my primary goal, the logical target for this move, is set at the 0.0880 level. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
6
GBPAUD: Bullish Movement Continues 🇬🇧🇦🇺 GBPAUD is going to rise more, following a confirmed intraday bullish reversal: first, the price violated a resistance line of a falling channel. It started to consolidate within an inverted head & shoulders pattern then. Its neckline violation is another strong bullish signal. Next resistance - 2.0685 ❤️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.
Long
by VasilyTrader
1
Acet Token will break resistance level and continue to move upHello traders, I want share with you my opinion about Acet Token. Looking at the recent price action, we can see a clear narrative unfolding. The asset initially formed a large wedge pattern, experiencing a trend reversal that led to a breakdown and a period of prolonged consolidation within a defined range between the buyer zone around 0.0580 and the upper boundary. Recently, however, the market showed a strong impulse, breaking out of this range and decisively moving upwards. Currently, the price of act is testing the key resistance level at 0.0755, an area historically defined as a seller zone. The hypothesis is that after this powerful impulse, the asset will manage to break and hold above this resistance. A successful retest of the 0.0755 level would likely signal a continuation of the uptrend, paving the way towards our specified take-profit targets. The first goal is set at TP 1 at 0.0860, with a further extension to TP 2 at 0.0960, capitalizing on the anticipated bullish momentum. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
8
GOLD-XAUUSD vs. The FED: Technicals or Fundamentals?Good Morning Traders, Let’s break down what gold is showing us on the 1-day chart: - **Resistance:** 3,378 - **Support:** 3,282 - There’s a noticeable **head and shoulders pattern** on the chart. Under normal conditions, gold’s target sits at **3,170**. Gold is highly sensitive to fundamental factors. Sudden war news or events like last week’s rumors about Trump firing the Fed Chair can trigger serious volatility. That’s why I always combine **technical and fundamental analysis** in my approach. For gold to reach the 3,170 target, the **3,282 support level must first be broken**. Since that hasn't happened yet, we can't confirm a bearish move—fundamentals play a key role here. Keep in mind: this is a **swing trade** setup based on a 1-day chart. Reaching the target could take time. I want to sincerely thank everyone who’s been supporting my analyses with likes—your support is my biggest source of motivation when it comes to sharing content. Much love and respect to you all.💛
VANTAGE:XAUUSD
by TraderTilki
AUD/NZD – Falling Wedge Breakout with Bullish DivergenceAUD/NZD is currently forming a falling wedge pattern on the 1-hour timeframe, a structure typically associated with bullish reversals. Notably, bullish divergence on the RSI is developing while price continues to print lower lows, RSI is making higher lows, indicating weakening selling momentum. Trade Setup: Buy Stop Entry: 1.09309 (above recent Lower High — confirmation of breakout) Stop Loss: 1.09094 (recent Lower Low ) Take Profit 1 : 1.09520 Take Profit 2 : 1.09740 (full pattern projection target)
Long
by fahadfarooq54
8-Year Breakout Confirmed! SIACOIN Hardfork Activated!Breaking out from a near-identical structure to XRP’s Q3 2024 move, Siacoin (SC) is poised to moon. Once a top 20 crypto, SC has just closed outside an 8-year falling wedge on the weekly—marking the end of nearly a decade of compression. But this isn’t just a pattern breakout—it coincides with the biggest technical overhaul in Sia’s history, rolled out on the 10-year anniversary of the token’s launch. Some of the new features: - Full protocol overhaul — complete rewrite in Go (from siad to hostd/renterd) - Faster performance — significantly improved upload/download speeds - Modular architecture — easier dev integration, plug-and-play infrastructure - Efficient storage contracts — new ephemeral account system for faster payments - Lower gas costs — more cost-effective microtransactions for storage users - Better redundancy & reliability — improved renter-host coordination - Stronger developer tools — RESTful APIs + CLI tools for building on Sia V2 basically turned Sia from a clunky decentralized Dropbox into a scalable, developer-friendly Web3 storage protocol, just in time for the AI + data sovereignty wave. Still buried in market cap rankings, SC has the potential to quietly reclaim a top 30 spot as the world rediscovers decentralized storage. This isn’t a meme coin—it’s a battle-tested, utility-rich project with real infrastructure, real adoption potential, and serious upside. #Siacoin #SC #Sia
KRAKEN:SCUSDLong
by GunMoney
OMSE falling wedge after IPONeutral on OMSE, another relatively new ticker. Similar to my previous post on DVLT, this ticker is fundamentally strong but stuck in a falling wedge after IPO. Price is struggling to break the daily 20EMA (overlayed on this 4H chart) and has rejected multiple times. The company has strong financials, take the time to do some DD, however this pattern could break to the downside and hit new lows before we see any type of rally given the weakness in this sector at the moment. Set alerts and watch the price action play out, or don't bet your rent money on any direction if entering a position. I'm just a cat not a financial advisor.
NASDAQ:OMSE
by BorrowedClothes