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Chart Patterns

Classic Rectangle Formation — Breakout Defines DirectionPrice action is forming a classic rectangle (range), representing a consolidation phase after increased volatility. The market is compressing, building energy for the next impulsive move. A key rule for this structure: the direction of the breakout defines the direction of the move. Scenarios: 🔼 Bullish breakout: – Break and acceptance above the upper range boundary – Upside target: 🎯 $0.34 🔽 Bearish breakout: – Break and acceptance below the lower range boundary – Downside target: 🎯 $0.11 While price remains inside the rectangle, the market stays neutral. A confirmed breakout with volume is expected to trigger a strong directional move.
by BlessingTrade
1
XAU/USD Range Market – Sell from PremiumGold is currently trading in a clear ranging (TR) environment after the recent bullish expansion. On the H1 timeframe, price has reacted from the premium zone near the previous highs, while liquidity remains stacked below the range. 🔻 Sell Scenario: Price is expected to react from the 4303 – 4306 resistance zone, aligned with prior distribution and rejection. This area favors short-term sell opportunities while the market remains inside the range. 🔺 Buy Scenario: The 4247 – 4245 zone represents a liquidity pocket below the major value area, offering a favorable risk-to-reward setup. With a tight stop-loss, buy limit orders are valid if price sweeps liquidity and shows reaction. 📌 Key Levels: Resistance: 4303 – 4306 Support / Liquidity: 4247 – 4245 As long as price stays within the range, sell from premium and buy from discount remains the primary strategy. Always respect stop-loss levels and manage risk accordingly.
OANDA:XAUUSDLong
by tuanvlapag
2
ALCH Weekly Analysis Price is currently trading at a key HTF resistance zone, where multiple prior rejections have occurred. Structure Price has impulsed back into a long-standing resistance level No weekly close above resistance so far Current candles show hesitation → possible R/S flip attempt HTF structure remains range-bound until acceptance is confirmed Key levels Resistance: current HTF range high Support: previous range support below (range low) Mid-range remains a low-probability area Scenarios Bullish: Weekly close and acceptance above resistance → continuation toward higher HTF liquidity Bearish: Failure to hold this level → rejection back into the range Execution I’m waiting for weekly confirmation before looking for any lower-timeframe setups. Patience until structure decides direction. MrC
by Mrctradinglab
1
ASTERUSDT: Descending Triangle Breakdown – Bearish Targets AheadASTER has formed a clear descending triangle on the daily timeframe. Price is compressing toward a horizontal support level , indicating decreasing volatility and pressure building for a breakout. The structure remains bearish, with lower highs respecting the descending trendline while support is repeatedly tested. A confirmed breakdown below the horizontal support would likely trigger strong continuation to the downside. After the support break, I expect price to move toward the following targets: $0.55 $0.40 As long as price stays below the descending trendline, the bearish scenario remains valid.
Short
by BlessingTrade
2
Bearish Flag Forming — Potential Continuation to the DownsidePrice action suggests a bearish flag is forming after a sharp impulsive move down. The current rising channel looks corrective rather than impulsive, which is typical behavior before continuation to the downside. This asset shows classic pump & dump characteristics: a fast vertical pump, followed by heavy distribution and weak consolidation. Such structures statistically favor further decline once the flag breaks down. Bearish scenario: – Breakdown below the lower flag support confirms continuation – Downside targets: 🎯 $2.20 🎯 $1.00 As long as price remains inside the flag, volatility compression continues. A loss of support would likely trigger accelerated selling.
Short
by BlessingTrade
2
WIFUSDT: Bearish Continuation — Key Support Under ThreatPrice continues to move within a clear descending structure , respecting the long-term downtrend trendline . The marked blue zone represents a strong historical support, which has been holding price above a major downside area — essentially the last barrier before a deeper sell-off. At the moment, this support is being tested again , and momentum remains bearish. A clean breakdown below this level would likely open the door for a strong continuation to the downside. Bearish scenario: Confirmed support break → acceleration lower First target: 0.25 USD Second target: 0.15 USD If panic or high sell pressure enters the market, even lower levels are possible As long as price stays below the descending trendline, the bias remains bearish . The blue zone is the key level to watch — once it fails, the market may enter a “free fall” phase.
Short
by BlessingTrade
1
BSUUSDT: Descending Triangle — Bounce Before Bearish BreakdownA descending triangle has clearly formed on the chart. Price is compressing toward a strong horizontal support zone (blue area) while respecting the d escending resistance trendline, indicating growing bearish pressure. At the current stage, I expect a short-term bounce from the support zone , potentially as a final liquidity grab or relief move. However, this bounce is likely to be temporary. Main scenario: Short-term reaction / bounce from support After the bounce → bearish continuation Breakdown of support confirms the move lower Downside targets: 0.11 USD — first target 0.08 USD — second target As long as price remains below the descending trendline, the overall bias stays bearish . The support zone is critical — once it fails, the triangle breakdown could lead to a sharp impulsive move down.
Short
by BlessingTrade
1
Bear Flag Formation — Downside Continuation Toward 91–88A clear bear flag has formed after a strong impulsive bearish move. Price is currently consolidating inside an ascending corrective channel, which typically represents a pause before trend continuation rather than a reversal. After this corrective bounce, I expect a breakdown below the lower boundary of the flag and continuation of the bearish trend. The measured move of the pattern suggests a downside target in the 91–88 zone, which also aligns with a potential demand/support area. The bearish scenario remains valid as long as price stays below the upper boundary of the flag. A decisive breakdown with momentum would confirm the setup.
Short
by BlessingTrade
1
Bitcoin Bear Market AnalysisHere are the two counts that I think are most probable at this juncture. Now that we have broken the 120-SMA on a 3 day chart, my bull or bear line, I am assuming we are in a bear market until proven otherwise. I was one of the few people issuing caution in September, October and November. A break below the 100-week SMA opens up the strong possibility that red or blue counts are in play and a more bullish path is off the table. Whenever BTC breaks the 100-week SMA it goes to the 200-week SMA before a new high, so that also calls into question the blue count.
COINBASE:BTCUSDShort
by AscensionAlpha
1
GBPCAD – Strong Support Holds, Bulls Eye Higher TargetsGBPCAD – Strong Support Holds, Bulls Eye Higher Targets GBPCAD is currently trading above a well-defined and repeatedly tested support zone, which has proven to be very strong over the past sessions. Each dip into this area has been met with solid buying pressure, suggesting that sellers are losing momentum. As long as price continues to hold above this support, the bullish scenario remains valid. A rebound from this zone opens the door for a move toward the first resistance/target around 1.8490, followed by a potential extension toward the higher target near 1.8550. You may find more details in the chart! Thank you and Good Luck! PS: Please support with a like or comment if you find this analysis useful for your trading day
Long
by KlejdiCuni
3
EUR/USD Daily Outlook: Bullish Structure | COT & SeasonalityOn the daily chart, EUR/USD has developed a clean recovery structure after the November low, characterized by a well-defined sequence of higher lows and price holding above the short-to-medium term ascending trendline. The 1.1650–1.1600 area represents a key dynamic and structural demand zone, already defended multiple times, while the impulsive breakout toward 1.1730 confirmed renewed institutional interest on the long side. Price is now trading just below a relevant daily supply zone between 1.1750 and 1.1820, aligned with prior highs and a distribution area visible on higher timeframes. As long as this zone is not cleared with a strong daily close, the most likely scenario is a corrective pause or a controlled pullback toward 1.1680–1.1650 before any renewed attempt at the highs. From a COT perspective, the backdrop remains constructive for the euro: non-commercials are still net long EUR FX, with a reduction in short exposure and a positioning structure consistent with accumulation rather than distribution. At the same time, the US Dollar Index shows non-commercials still heavily net short, suggesting that large players are not aggressively defending the dollar and that pullbacks on EUR/USD are more likely continuation opportunities than structural reversals. From a seasonality standpoint, December has historically shown a moderately positive bias for EUR/USD, particularly in the second half of the month, favoring gradual upside moves rather than sharp directional spikes—consistent with a typical year-end environment of compressed volatility but positive directional bias. In summary, the broader bias remains bullish, though not an immediate breakout scenario: the highest-probability path favors technical pullbacks toward the 1.1650–1.1680 area to build trend-aligned long exposure, while only a confirmed daily break above 1.1820 would open room toward 1.1900. Structural invalidation sits below 1.1550, which currently remains a low-probability scenario.
Long
by EdgeTradingJourney
3
Selena | USDJPY | 2H – Institutional Demand Reaction ZoneFX:USDJPY After multiple rejections from the HTF supply zone, price declined in a controlled manner and reached institutional demand. The current consolidation near the demand zone suggests absorption of selling pressure rather than aggressive continuation. Structure is compressing, indicating a potential liquidity-driven expansion once price resolves from this range. Key Scenarios ✅ Bullish Case 🚀 If price holds above the institutional demand and reclaims channel midline: 🎯 Target 1: 155.20 🎯 Target 2: 156.00 🎯 Target 3: 156.60 (channel resistance) ❌ Bearish Case 📉 If price breaks and closes below structural support: 🎯 Downside Target 1: 153.80 🎯 Downside Target 2: 153.20 (HTF demand sweep) Current Levels to Watch Resistance 🔴: 156.00 – 156.60 Support 🟢: 154.20 – 153.80 ⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice.
Long
by Gold-Thoughts-by-Selena
8
Hello traders, let’s break down the CADUSD pair today!Canada’s CPI came in below expectations , yet CAD is still holding near its three-month highs , showing that the market views the Canadian dollar as stable and not under strong selling pressure. Meanwhile, the Bank of Canada keeping interest rates at 2.25% helps clarify policy expectations. As long as BoC does not signal further easing , CAD has a solid foundation to maintain relative strength against the USD. On the U.S. side, the spotlight remains on NFP, the unemployment rate, and average hourly earnings . If these figures come in weaker than expected, the USD is likely to face pressure, creating a favorable scenario for CADUSD to extend higher. Conversely, very strong U.S. data may only trigger short-term volatility, not enough to break the current trend. From a technical perspective, CADUSD is moving within a clear rising wedge , with price respecting the trendline and being supported from below by the Ichimoku cloud. The 0.7260 area is acting as near-term support, where price is consolidating firmly. The pattern of higher lows confirms that buyers remain in control. As long as 0.7260 holds, the probability is high that price will continue its upward momentum toward 0.7310, a key psychological resistance . Current pullbacks should therefore be seen as “pauses to build momentum”, rather than signals of a trend reversal.
Long
by Paradise_Noir
1
Long Setup with Defined Targets (818, 849) & SL 865📈 Short-Term Bullish Setup | Targets & SL Explained The recent price action, supported by improving volume and a strengthening short-term trend, indicates a potential bullish continuation. The structure suggests a favourable long opportunity with clearly defined targets and timelines. 🎯 Target 1: 818 (Expected in 3–4 Days) Price is approaching a key resistance area formed by previous swing highs. If buying momentum continues, the move toward 818 may materialize within the next few trading sessions. 🎯 Target 2: 849 (Expected in 20–30 Days) A higher upside objective becomes actionable only after a strong breakout above the ATM resistance zone backed by increased volume. A decisive breakout would signal buyer conviction and open the path toward 849 in the medium term. 🛡 Stop-Loss (SL): 865 A protective stop-loss at 865 helps manage risk by invalidating the setup if price reverses unexpectedly. 📌 Summary Trend outlook: Short-Term Bullish TG1: 818 (3–4 Days) TG2: 849 (20–30 Days, volume breakout required) SL: 865 ⚠️ Disclaimer I am not a SEBI-registered analyst. This idea is shared purely for educational and study purposes. Please do your own analysis or consult a certified financial advisor before taking any trades.
NSE:HDFCLIFELong
by salaisargunansp
1
XAUUSD needs correction for swing H4 -H1 TIMEFRAME SETUP 🙌 As I'm expecting that market will retest the POI of 4245 at least for next bullish momentum. POC-VAl -VAH also indicates market has to drop for further Upside trend. What will be my stance? If H4 -H1 candle closes below 4345 and rejected then we'll have again drop Towards 4280 then 4245-50. We have D1 FVG Pending as well at 4245. Caution ⚠️: If H1 candle closed above 4350-4355 then our setup will gets Invalid #XAUUSD
FOREXCOM:XAUUSDShort
by Forexmaestro121
6