AUDCHF is having Rising WedgesRising wedges on audchf, if break the neckline then we may see further drop to the nearest support
Wedge
Morning Star To Wake GU TradersFX:GBPUSD has fallen into a Wedge Pattern after breaking Mondays Highs!
Price this morning has seemingly found Support at the 50% Retracement level signaling the potential ending of the Consolidation phase of the Wedge!
This Retracement comes in the form of a Morning Star, a strong Triple Candle Reversal Pattern!
If Price is supported in this area, we could see a Bullish Break to this Pattern delivering a Long Opportunities as a Break and Retest Set-up!
USDCHF set for big move? Fed meeting could trigger breakoutUSDCHF is stuck in a tight range ahead of today’s Fed meeting, with technical patterns pointing to a possible breakout. A dovish Fed could trigger a move toward 0.8872 or lower, with risk-reward setups as high as 11:1.
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VIRTUALUSDT → Rebound from resistance. Trend break, U-turn?BINANCE:VIRTUALUSDT.P is pausing within an uptrend and forming a range within which signals of a possible reversal and decline are appearing.
Bitcoin is pausing its rally and moving into correction. This is a negative development for altcoins, which will not grow without the flagship.
VIRTUAL is consolidating, but pressure is building in the market (as can be seen from the cascade of resistance levels within the range). Another prerequisite for a breakdown of the market structure is a downward exit from the upward channel (a break of the trend support). Another retest of support at 1.581 could trigger a breakout and a fall. There is a fairly free zone below, and the nearest target is located in the 1.178 zone.
Resistance levels: 1.72, 1.829
Support levels: 1.581, 1.416, 1.178
Focus on the current range of 1.581 - 1.829. The chart shows that the price continues to storm and test support, which is an important signal against the backdrop of a broken uptrend. A break of support at 1.581 and consolidation below this level could trigger liquidation and a fall to the fvg zone or the liquidity zone at 1.178.
Best regards, R. Linda!
XRPUSDT on the Edge: Is a Major Breakdown Coming? Yello Paradisers! Are you ready for what could be a huge bearish trap unfolding right now on XRPUSDT?
💎Currently, XRPUSDT is flashing serious warning signs. The formation of a rising wedge pattern is significantly increasing the probability of a bearish move. When analyzing the broader market structure, it appears this recent uptick is merely a retracement within the larger bearish trend—keeping the probability on the bearish side still very high.
💎If XRPUSDT bounces, grabs liquidity and starts forming clear bearish patterns from that resistance area, it could set up an excellent opportunity with a high risk-to-reward (RR) ratio for shorts.
💎However, if the price breaks out and closes a candle clearly above the resistance zone, our bearish thesis will be invalidated. In that case, it would be much smarter to stay patient and wait for a more reliable price action setup before considering any new trades.
🎖Remember Paradisers, the key to surviving and thriving in this market is to stay disciplined, patient, and smart. Trade what you see, not what you feel! Stick to the plan, and never rush decisions under emotional pressure. Play it safe, and stay focused—our time will come!
MyCryptoParadise
iFeel the success🌴
USDJPY: Pullback From Support 🇺🇸🇯🇵
There is a high chance that USDJPY will pull back from the underlined blue support.
AS a confirmation, I see a violation of a resistance line of a falling
wedge pattern on an hourly time frame.
Target - 144.35
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AUDNZD (4H) Symmetrical Triangle Breakout+Falling Wedge ReversalOn the 4-hour chart of AUDNZD, the market has completed a compression phase inside a symmetrical triangle, nested within a larger falling wedge structure. Both patterns suggest a potential bullish reversal after an extended downward trend.
The breakout occurred to the upside, with price moving above the triangle and breaking through short-term resistance around 1.0713. Volume increased on the breakout, confirming genuine buyer interest. If the price holds above this level and breaks 1.0766, it opens the path to the next major target at 1.0844, aligned with the previous key swing level.
Technical picture:
– Symmetrical triangle breakout confirmed
– Price also broke out of the falling wedge
– Volume expansion on the move
– Bullish realignment of EMAs is starting
– Holding above 1.0713 + breaking 1.0766 will activate the next phase
Fundamental backdrop:
The Australian dollar is benefiting from resilience in the commodity and export sectors, while the New Zealand dollar faces pressure from weakening inflation and growing expectations of monetary easing by the RBNZ. This economic divergence creates short-term advantage for AUD over NZD.
This double-pattern setup confirms the transition from consolidation to bullish impulse. Holding above 1.0713 and a confirmed break above 1.0766 would unlock a move toward 1.0844. These patterns offer clean early entries into trend reversals.
Gold Breaks Wedge, 3270–3280 Now Key Pivot for RecoveryGold's recent retreat has slowed, forming a descending wedge pattern that has now been broken. This is a constructive setup for a potential upward reaction after falling $300 from the $3,500 high. The 3,270–3,280 zone is now the short-term pivot point. If this level breaks as well, the upward move may finally begin.
Potential targets include the 38.2% retracement level at 3,316 and the main resistance zone at 3,355–3,370.
Gold’s Got Its Groove Back: Morning Star Lights the Way to $3500Gold delivered a powerful signal pointing to a resumption of the bullish trend, completing a morning star pattern that saw it break out of the falling wedge it had been trading over the past fortnight. It would have been nice to catch the initial move, but all is not lost after the price broke above $3367 on Tuesday.
The price has run hard, so I’m reluctant to chase the move. But if we see a pullback and bounce from $3367, it would generate a bullish setup where longs could be established above the level with a stop beneath for protection. The obvious trade target would be the record high of $3500 set in April.
If the price were to reverse below $3367 and stay there, the setup would be invalidated.
Good luck!
DS
Formation of the Wedge Pattern in the Japanese Index.The formation of a wedge pattern in the Japanese stock index has raised concerns among investors, as it often signals potential volatility and market correction.
A wedge pattern typically occurs when the price movement narrows between converging trend lines, indicating indecision among traders.
In the context of the Japanese stock market, this pattern can be particularly telling, as it suggests that the index may be reaching a critical juncture. Recent trends have shown a gradual decline in the index, which could lead to a significant downturn if the wedge breaks downward.
Investors should remain vigilant, as a sustained drop in the index could trigger broader market reactions and impact investor sentiment. Monitoring key economic indicators and geopolitical developments will be essential in navigating this precarious phase. As the situation unfolds, prudent risk management strategies will be vital for those looking to mitigate potential losses in a fluctuating market environment.
UJ Impulse Wave 5 IncomingFX:USDJPY seems to have finished Wave 4 being a Correction Wave of the Elliot Wave Theory and looks to be prepping for the start of Wave 5 being an Impulse Wave!
Now Price has not only made a 38.2% Retracement to 143.6 of the 145.941 Swing High that ended Wave 3 but is testing Break of Previous Structure being Past Resistance attempting to turn it into Support if enough Buyers enter the market in this opportune area.
Price Action during the Correction of Wave 4 has formed a Falling Wedge Pattern, typically seen as a Continuation Pattern. For this to be fact, we will need to see a Bullish Breakout to the Falling Resistance followed by a successful Retest of the Break where the Long Opportunities should present themselves.
Once Wave 5 is confirmed, we can expect Price to work from here and potential reach the Potential Range Target of ( 148.662 - 150.245 )
Wajani Investments: Wheat analysisWheat has formed a very strong Head and Shoulder with a bearish wedge or descending triangle . This can be seen from both monthly, weekly and daily timeframes. All these points to lower prices in the weeks ahead. In this market you can risk a 1:3
Remember to always adapt or make changes as the market changes.
Let me know your thoughts.
EURO - Price can rise to top part of flat from support areaHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Some time ago, price entered to wedge, where it bounced from support line and rose to $1.0860 level, breaking $1.0470 level.
Then price broke $1.0860 level too, but then it made correction to support line of wedge and then made upward impulse.
Euro exited from wedge and continued to grow to $1.1260 level, after which broke this level and started to trades in flat.
Inside flat, price rose to top part of flat and then made correction to support area, where it some time traded close.
At the moment, Euro trades inside support area, near support level, so, I think that price can correct to $1.1260 level.
After this movement, in my mind, EUR can start to grow to $1.1570 top part of the flat.
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Bitcoin Ascending Broadening Wedge (4H)After a clean breakout above the macro downtrend, BINANCE:BTCUSDT rallied into its supply zone — but price action has since become increasingly volatile, forming a rising broadening wedge (also known as a megaphone pattern).
Pattern Insights
• The structure is defined by diverging trendlines, with each swing becoming larger and more erratic.
• This pattern often signals instability or exhaustion, especially near key resistance.
• While it can break either way, broadening wedges in an uptrend frequently resolve to the downside, especially when supply is overhead.
Key Levels
• Resistance: ~$ 98K-$99.5k supply zone — the upper boundary of the pattern.
• Support: ~$93.5k area — prior S/R, potential flip zone.
• Reversal: A breakdown below ~$93k could confirm a short-term bearish resolution and open the door to ~$88.5k.
• Continuation: A breakout above the upper boundary with volume could trap shorts and ignite a squeeze toward new highs.
Until then, BTC remains in a high-volatility structure, best approached with caution or as a range-trading opportunity.
EURCHF new bearish push expecting
OANDA:EURCHF FALLING WEDGE we are have, in moment its be breaked, price is also be and on trend line with FW, i am expect price will continue pushing, but looks like we will have break of trend line and bounce on sup zone 0.93950
SUP zone: 0.94000
RES zone: 0.92450, 0.92000
$COST Rising WedgeCost perfectly tagged the upper line of the rising wedge that we have seen play out over the past couple of weeks. I opened some puts at the top today in hopes that it breaks to the downside of this wedge for a target around $900. This would also complete the right shoulder of H&S on daily chart.
Uj might be reversing- We are at a painfully large demand area.
- Price squeezing and consolidating in a dropping wedge.
- Thursday candle was a bullish harami (indicating a possible u-turn)
- Friday was the Good Friday (Market holiday), so it doesn't count
Let us patiently wait here for the price to either break the wedge or at least it hits the lower border of the wedge to place our first entry. The reversal is imminent provided we do not break the demand area. Patience is the key here.
Once we have a full confirmation to buy we will look further for targets, till then just watch it.
I will update you guys when I place my own entry. Pray hard, trade smart :) and best of luck!
Here is the close up look of the wedge:
Ishares 20+ Year Treasury Tumble with -15% crash ??On the above monthly chart price action has seen a nice 25% rise since November 2023. A number or reasons now exist to be bearish.
Incidentally, with all the recently published ideas on Tradingview, Without Worries appears to be the only one who is bearish.
The reasons?
1) Broken market structure confirmation.
2) Active price action resistance.
3) Rising wedge. A breakdown confirmation will see price action correct 17%.
4) $76 is the next support level, which is incidentally the measured move forecast by the bearish wedge identified in (3).
Is it possible price action continues to rise as most of Tradingview is calling for? Sure
Is it probable? No.
Ww
Bitcoin may rebound from seller zone and start to declineHello traders, I want share with you my opinion about Bitcoin. In the past, the price had been consolidating within a broad range, repeatedly rejecting support and resistance zones. The buyer zone between 79100 - 80300 provided a strong base, and from there, BTC began to grow, forming a bullish structure that led into an upward wedge. This growth accelerated once the price broke through the support area and continued upward until it approached the resistance level at 95500, which also overlaps with the seller zone. As the price moved inside the wedge, the bullish impulses weakened. Buyers lost strength near the resistance line of the wedge, and recent price action suggests that sellers are stepping in at the top. We’ve now seen multiple failed attempts to break higher, and the price is consolidating under resistance, forming pressure to the downside. This entire consolidation near the wedge resistance, especially inside a confirmed seller zone, indicates a likely reversal. The current structure shows signs of exhaustion, and if the support line of the wedge breaks, that would trigger a significant correction. Given this context, I expect BTC can make a bearish move toward TP1 at 91500 points. Please share this idea with your friends and click Boost 🚀
BITCOIN - Price can exit from wedge and rose to $102K pointsHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Some days ago, the price declined to $81600 level, after which it bounced and rose to $88500 points and then started to fall.
Also price entered to wedge pattern, where it fell to support line, breaking support level, but soon turned around and bounced up.
Price broke $81600 level again and continued to grow next, but later it corrected to support line.
Then, BTC rose from this line to $93000 level, broke it, and reached resistance line of wedge, after which corrected.
After correction, BTC fell to $93000 level and then rose back to resistance line of wedge, where it trades close.
In my mind, price can correct to support line and then bounce up to $102000 points, exiting from a wedge.
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Coca-Cola is Pouring Out Of the Wedge-Shaped Container.Experienced investors understand that market trends are not static.
Currently, Coca-Cola stock is presenting a compelling technical formation: a wedge pattern nearing completion.Repeated tests of both upper and lower trendlines within this wedge suggest a pivotal moment is approaching.
Our analysis indicates that a downward breakout is highly probable, presenting a potential short-selling opportunity for astute traders.
We anticipate confirmation of this bearish scenario upon a decisive break below the lower trendline, followed by a pullback and final test.
This is not a suggestion to act rashly, but rather a call to diligent observation and strategic preparation. By carefully monitoring price action and utilizing sound risk management principles, investors can position themselves to potentially profit from this projected decline in Coca-Cola stock.
NZDCAD: One More Bearish Forex Pair 🇳🇿🇨🇦
One more CAD pair that looks strongly bearish to me is NZDCAD.
Price action analysis speaks out loud on a daily.
The market was rallying nicely and started to slow down,
approaching a key horizontal resistance.
The price started to consolidate and dropped then violating
multiple horizontal supports and a rising trend line.
With a high probability, the market will drop even lower.
Next support - 0.81
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