Wedge
GOLD → News ahead. Price is testing the risk zone 2881FX:XAUUSD within the correction is testing the key risk zone from which either a continuation of the trend or a deeper correction will take place.
In the center of attention is the US CPI data, which may give a new impetus to prices.
Markets remain in uncertainty over Trump's possible tariffs and Fed policy. According to WSJ, the president's administration is preparing new tariffs and this is another dose of risks for the global economy.
Powell said that the Fed is in no hurry to change course, which raised expectations of a single rate cut in July and strengthened bond yields. Gold's further movement depends on inflation data and Trump's tariffs. If CPI exceeds forecasts, the dollar will strengthen and gold will fall in price. Weak data, on the contrary, may support the metal's growth.
Resistance levels: 2898, 2910, 2929
Support levels: 2881, 2870, 2855
A false break of the support at 2881 would mean that the market is still bullish and quite aggressive. If the bulls keep the price above 2881 - 2885, then in the short and medium term we should expect a rise to 2930 - 2950.
If gold breaks 2881 and sticks below this zone, then liquidation may take place in the market and the price may decline to 2855, 2848.
The situation is stalemate, as there is news ahead and that is why we should consider 2 scenarios.
Regards R. Linda!
EURUSD → Pending a breakout of resistanceFX:EURUSD is trying to take a chance amid the dollar correction. The price is forming a retest of consolidation resistance for a breakout and further growth
After an attempt to break the downtrend resistance, the price moves into consolidation and forms a range of 1.053 - 1.021. Inside this set-up a local channel (consolidation) is formed and the price tests the resistance at 1.038. The market is still trying to confirm the change of trend and get stronger on the background of the dollar correction.
The fundamental background is complicated due to the tariff war and economic crisis....
Resistance levels: 1.038, 1.053
Support levels: 1.033, 1.021
A breakthrough of the resistance at 1.038 and price consolidation above this area may trigger further growth within the distribution of the accumulated potential
Regards R. Linda!
AUDJPY Is Recovering After The Wedge PatternAUDJPY pair is sharply and impulsively recovering after we spotted the wedge pattern, so it’s now rising in minimum three waves A/1-B/2-C/3 that can retrace the price back to the starting point of the wedge pattern and back to 99-100 area, especially if we consider an unfilled GAP at 98.35 level. Currently we can see it making a five-wave impulse into wave A/1, so after corrective pullback in wave B/2, be aware of a bigger rally within wave C or maybe even wave 3 if goes decisively above 100 area.
The ending diagonal (wedge) pattern is a special type of wave that occurs in wave 5 of an impulse or wave C of a correction. An ending diagonal pattern is a type of pattern that can occur at the completion of a strong move. It reflects a “calming” of the market sentiment such that price still moves generally in the direction of the larger move, but not strongly enough to produce an impulsive wave. Ending diagonals consist of five waves, labeled 1-2-3-4-5, where each wave subdivides into three legs. Waves 1 and 4 overlap in price, while wave 3 can not be the shortest amongst waves 1, 3 and 5.
The reason why they are so interesting is because they are indicating a reversal, usually a strong one, which can retrace the price back to the starting point of the pattern.
Gold- Order Block Hunting! ICT and VSA Setup!As gold dropped today and sweep the order block near asian low there was also liquidity zone. and now gold bouncing from these level. gold can hit now 2899 and if gold breakout 2907 then we can see a new ATH on friday
Support: 2879-2876
Resistance Area: 2901
Liquidity Zone: 2899
Potential 10X - 200X, Don't Miss EOSEOS has been stuck in a 6-year downtrend channel and a 4-year falling wedge.
Volume has been drying up while price kept bleeding for years—most weak hands are likely already shaken out, meaning the supply is highly concentrated now.
📌 Current Setup:
Price has bounced off the wedge and is sitting near the lower boundary of the long-term downtrend channel.
If BINANCE:EOSUSDT closes a daily candle above the high-volume Feb 3rd level, it could signal the start of a major bullish move.
⚠️ No guarantees—always use a stop-loss and trade safely!
But if this setup plays out, COINBASE:EOSUSD could easily see a 10x move and a potential to 200x in this bull run.
🔴 for more future script “guesses” like this! 😉
BTC getting ready to revisit +$100k?It's playing out slightly quicker than anticipated but it's going in the expected direction, minus the fakeout and chop.
On the 45m tf I am looking for one more lower low to touch or break the falling wedge's support.
There could be another fake break out and it could be a big one to trigger shorts before liquidating them with the reversal.
I think a 104,000 target is still in play, for now. I thought it would be on Friday - it still might. I do not think this is the start of a rally to 1,000,000.
There is a high risk of liquidation for those taking long positions thinking 150,000 is imminent. There is always a risk the market doesn't do what I think is going to happen and 69,000 is closer than I realised.
SILVER - Finally Following Gold!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈SILVER has been in a correction phase and it is currently approaching the lower bound of the blue rising wedge pattern.
Moreover, the green zone is a strong structure and support zone.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of support and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #XAGUSD approaches the blue circle, 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!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EUR-NZD Bullish Breakout! Buy!
Hello,Traders!
EUR-NZD was trading in a
Narrowing wedge pattern
But now we are seeing a
Bullish breakout so we
Will be expecting a
Further bullish move up
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Be careful with DOT !!!The price has formed a bullish wedge on the 1h time frame, and if it breaks out, it can drive the price up to around $5.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
SOL About to EXPLODE? Key Pattern Signals a Massive Move!Yello, Paradisers! Is SOLUSDT gearing up for a breakout, or will the market shake out weak hands before the real move? Let’s break it down!
💎SOLUSDT has completed a triple zig-zag pattern, which significantly increases the probability of a bullish move. This structure often marks the end of corrective phases, setting the stage for a strong reversal.
💎Adding to the bullish case, SOL has broken out of a falling wedge pattern—a textbook bullish reversal signal. However, to manage risk effectively, scaling into positions rather than entering all at once is the smarter play.
💎Further confluence comes from a bullish divergence, reinforcing the likelihood of upward momentum. That said, we could still see some consolidation or even a liquidity grab before the next major move. If SOL sweeps the lows for inducement and then prints a bullish I-CHoCH (Internal Change of Character), that would present a high-probability, low-risk entry.
💎However, if SOL breaks down and closes candle below the support zone, it would invalidate this bullish setup. In that case, the best approach would be to stay patient and wait for clearer price action before taking any new positions.
🎖 The market rewards patience and precision. Let the liquidity games play out, and only strike when the setup is at its highest probability. Trade smart, Paradisers!
MyCryptoParadise
iFeel the success🌴
New Vertical LiftoffClean breakout of this wedge (yellow) provides a technical bullish direction back to the teens, most optimistic targets puts this on track to $17.
Monthly CCI swinging back up as well which also provides confirmation of the breakout.
Look to see volume pickup to add more, earnings in a little over a month.
Bitcoin is mimicking gold: Fractals are bullish!Bitcoin is following gold in its pattern formation. Fractal analysis of gold and Bitcoin reveals similarities in both charts. While gold is slightly ahead of Bitcoin, the same pattern is emerging on Bitcoin’s chart. If Bitcoin follows gold’s performance, it is likely to break out of this widening wedge pattern and reach new all-time highs, aligning with my previous analysis.
Silver's Next Big Move? Dont Miss This High Probability Short!In this analysis, I break down my short trade setup on Silver (XAG/USD) using a multi-timeframe approach to identify key levels, structure shifts, and liquidity targets.
• Monthly Outlook: Strong bullish close in January, but price is trading within a range between 32.67 - 28.77.
• Weekly Structure: Consecutive bullish candles since December with no real retracement, signaling potential liquidity grab to the downside.
• H4 Breakdown: Clear market structure shift with a lower high at 32.65, rejecting key resistance and breaking prior lows.
• Entry & Target: Shorting from 32.07, with stops above 32.67, targeting a 1:2 risk-reward down to 30.68 initially, with a possible extension toward 29.69.
Looking for liquidity sweeps and a healthy pullback before further continuation. Already in profit—let’s see how it plays out!
If you find this useful, make sure to like, share, and drop your thoughts in the comments!
my BTC outlook for coming weekOn the 45m tf I see a choppy falling wedge.
Beyond the chop, if price action can respect the emerging pattern then I would expect an upside measured move breakout towards 104,000 later in the week.
EURO - Price can bounce up from triangle to $1.0430 pointsHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Some days ago price rose to the resistance area, after which it dropped to support area inside wedge.
Euro turned around and started to grow near support line of wedge and later it reached $1.0390 level and broke it.
Next, price rose to resistance line of wedge and then made a correction movement to $1.0390 level and exited from wedge.
After this, price broke $1.0390 level and made a strong gap, after which it started to grow inside a triangle.
In this pattern, Euro rose to resistance line, some time traded near, and then in a short time fell back to support line.
In my mind, Euro can bounce up from support line to $1.0430, exiting from a triangle and breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
ETH is trying to get back into the falling wedge !Hello Traders 🐺,
First of all, I want to thank you all for your incredible support recently! My last idea about ETH is going absolutely viral , and now I’ve decided to share a quick update on the short-term price movement.
As you can see in the picture above, ETH is currently below an orange resistance line and above a key support level , which, in my personal humble opinion, could be very bullish for the following reasons:
1️⃣ A falling wedge is usually considered a bullish pattern , but what makes it extremely bullish ? When the price breaks below the falling wedge’s support line and comes back into it with a huge wick to the downside.
💡 But why is that bullish?
Because it can be considered a bear trap , shaking out weak hands, and showing us that the bulls are here and ready to take control. This could result in a strong move to the upside.
📈 As you might know, the price target for a falling wedge is typically the top of the wedge , which in this case is around $4,000 .
2️⃣ The second reason is very simple , and we already discussed it in my previous idea about BTC.D (you can find the link below this idea). So, make sure to read it carefully because the overall condition of altcoins depends on it.
📌 Also, I plan to publish a new update about BTC.D in the near future , so make sure to follow me for upcoming updates!
( this is not a financial advice ! )
SMCI - Super Micro Computer, Inc.Super Micro Computer, Inc. engages in the distribution and manufacture of information technology solutions and other computer products. Its products include twin solutions, MP servers, GPU and coprocessor, MicroCloud, AMD solutions, power supplies, SuperServer, storage, motherboards, chassis, super workstations, accessories, SuperRack and server management products. The company was founded by Charles Liang, Yih-Shyan Liaw, Sara Liu, and Chiu-Chu Liu Liang in September 1993 and is headquartered in San Jose, CA.
Lucid Group, Inc.Lucid Group, Inc. manufactures electric vehicles. It designs, develops, and builds energy storage systems for electric vehicles and supplies automakers with the battery pack system needed to power hybrid, plug-in, and electric vehicles. The company was founded in December 2007 and is headquartered in Newark, CA.
BTCUSDT (BITCOIN) LONG MAPPING IS HERE Hello Guy's Welcome To Another Day Of TRADING
Here we are mapping chart of BTCUSDT ( BITCOIN ) in 4-Hour TF
This chart shows Bitcoin’s price forming a falling wedge, which is usually a sign that the price might go up soon.
Breakout Signal: The price is slowly moving out of the wedge, which is a good sign for a possible upward move.
Next Target: If the price continues to rise, it may reach the $104,000–$106,000 .
Risk Factor: If Bitcoin doesn’t hold above the breakout level, it could drop to $92,000 or even $88,000.
In simple terms: Bitcoin might be ready to move up, but it needs to stay above this level to confirm the breakout.
$SOL longCRYPTOCAP:SOL will move to its next point of resistance, in around 13%. If it breaks that we'll go up another 17%. Falling wedge has been formed. It's gonna take off.
Euro can rise to resistance level inside broadening wedgeHello traders, I want share with you my opinion about Euro. By observing the chart, we can see that the price traded inside a range, where it rebounded from the support level and started to grow to the resistance level. When the Euro reached a resistance level, it broke it, thereby exiting from the range and entering to seller zone. Then the price rose a little more, made a first gap, and then started to decline inside the downward channel. In the channel, the price broke the 1.0465 level and fell to the support line, which continued to fall near and later rebounded up to the seller zone. When it reached this area, the price at once backed up to the channel and continued to fall next. But soon, the Euro made a strong second gap, thereby exiting from the channel and declining below a support level, breaking it. Next, the Euro started to grow inside a broadening wedge, where it rose to the buyer zone and soon broke the support level one more time. After this, the price continued to grow, until it reached 1.0445 points and then started to decline. Now price trades near the support line of the broadening wedge and I think that the Euro can rebound from this line and start to grow to the 1.0465 resistance level. That's why I set my TP at this level. Please share this idea with your friends and click Boost 🚀
