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Parallel Channel

GOLD → Waiting for NFP... High importance level!FX:XAUUSD is stagnating ahead of the news. The market is in a phase of uncertainty, with long shadows and short candlestick bodies. The key factor will be the US employment data for September. We have not seen unemployment data for more than seven weeks, which makes this data highly significant. Complete uncertainty. Significant deviations from forecasts could significantly change expectations for Fed rates. The probability of a Fed rate cut in December fell to 33% after the publication of the minutes, in which the regulator expressed concerns about inflation. The market expects 50K jobs to be created in September, compared to 22K in August. The unemployment rate is forecast at 4.3%, with wage growth at 3.7% year-on-year. The further dynamics of gold depend on the NFP data. Weaker indicators may reinforce expectations of Fed policy easing and support price growth, while strong data will put pressure on the metal Resistance levels: 4082 - 4111 Support levels: 4040, 4006 In the current circumstances, having only one scenario means narrowing your view of the situation as much as possible. The market can be aggressive on news. Weak data could lock the price within the current range (trading between graces). However, a breakout of resistance at 4082 - 4111 and a close above this level could trigger growth. Otherwise, a breakdown and consolidation below 4040 could break the current bullish trend and trigger a sell-off to 3930 (especially against the backdrop of the Fed's weak but hawkish stance). Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
13
SOLANA → Manipulation - false breakout of resistance BINANCE:SOLUSDT.P flew up to resistance at 143.35 at the opening of the session and attempted to break through it, but bears may not let the price rise ahead of the news... Bitcoin is forming a local correction after a sharp decline. However, news is ahead and the market may remain within a narrow range. From the opening of the session, SOL rallies and breaks through the channel resistance, wasting 75% of its intraday growth potential. However, there is no momentum to continue the growth. It can be assumed that the coin is facing pressure. A false breakout and closing below 143.3 could trigger a pullback. Resistance levels: 143.35, 150.87 Support levels: 135.67, 130.0 Two key levels for countertrend movement: 143.35 - 150.87. If the liquidity pool does not stop the price at the nearest level, then 150.87 can be considered as an additional level for trading a false breakout. However, news on unemployment is coming soon, and the market may react quite aggressively. Therefore, if there are no trading opportunities before the news, I recommend refraining from action for an hour and waiting out the storm... Best regards, R. Linda!
Short
by RLinda
5
EURUSD - The Bears Are Waiting at the Gate!EURUSD remains overall bearish, trading within a falling red channel and respecting the sequence of lower highs and lower lows. 📈Currently, the pair is approaching a massive structure zone highlighted in blue, an area that has acted as both support and resistance multiple times in the past. This zone also aligns perfectly with the upper trendline of the channel, adding even more confluence. As long as this resistance holds, I’ll be looking for potential short setups, expecting a rejection that could drive price back toward the lower boundary of the channel. The bears are watching this level closely, will they step in again? 👀 ⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly. 📊All Strategies Are Good; If Managed Properly! ~Richard Nasr
Short
by TheSignalyst
16
COPPER / GOLD & ISM PMI = Critical For AltseasonBeen seeing a lot of commentary on COPPER / GOLD. This is a strong indication of industrial growth in the economy, as the demand for copper rises with build-outs. The ISM PMI has a very strong correlation with C/G, also showing strength in the economy, as consumers buy more which gives businesses the ability to expand operations. In a nutshell, these charts portray “Retail” ie “Main Street”. There’s a very real possibility that we do not get our typical Alt Season at all this cycle if C/G & ISM PMI do not have a violent move up in the next few months. (more on this later) The last time we saw such a divergence between these two was in January 2016 where it took C/G ~230 days to turn-up. This would put Alt-Season Q4 ’26 - Q1 ’27, which makes sense theoretically based on Trump’s suspected stimulus plans which would come right before mid-terms. This would give us our typical year-long bear market which has snuck up on us all because we lacked the retail euphoria phase due to very weak retail participation. HOPIUM: In 2016 When the ISM climbed above 50, COPPER soon found a bottom and Alts ripped. Notice the bullish divergence on the RSI during that time, same as we are seeing now. It looking like C/G may have found a bottom on this multi-decade parallel channel. *Our livelihood depends on the ISM showing immense strength in the coming months so that C/G can follow.
COMEX:HG1!
by jonnieking
Strategy is sliding deeper inside its descending chanStrategy NASDAQ:MSTR is sliding deeper inside its descending channel, drifting toward a heavyweight support zone near 134–135. Price isn’t touching the channel bottom yet, but the structure is clearly guiding it toward that confluence level where major reactions tend to happen. This support has history. It’s been a battleground before, and it could become the line where momentum flips once again. If buyers step in as price approaches that zone, it could set the stage for a powerful reversal.
NASDAQ:MSTRShort
by ledgerdary
GOLD → Market support, exit from consolidationFX:XAUUSD is feeling market support ahead of the news. The price is rebounding from trend support, breaking through strong resistance and enjoying high interest from bulls... The rise in demand for defensive assets is driven by concerns about the overvaluation of technology stocks and weak US labor market data. The number of applications for unemployment benefits rose significantly in October. Private employers cut jobs for four weeks. The Fed minutes may show disagreement over the regulator's future policy, and the probability of a rate cut in December is estimated at 50/50. The market's attention is focused on September NFP data (forecast: +50K). Gold is awaiting signals from the Fed and employment data. The Fed's cautious stance and weak NFP data could support further price growth. Resistance levels: 4145 - 4211 Support levels: 4097, 4082, 4055 Gold is entering a long zone. Any correction could be a good opportunity to enter the market. Pay attention to key support levels for trend trading... Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
14
SOLANA → Hunting for liquidity in a weak market BINANCE:SOLUSDT is forming a countertrend correction. Zone of interest: 140.0–143.5. The lack of bullish potential and positive fundamentals could cause another decline... Bitcoin is extremely weak, with the price testing the 90K zone. There is panic in the market. Against the backdrop of a bear market, altcoins may enter a phase of “liquidity hunting” before another decline. Solana's price on D1 broke through fairly strong support at 141.3-138.5. The trend is bearish, and the breakout of support confirms the weakness of buyers (strength of sellers) at the moment. SOL is updating its low to 129 and forming a pullback. As part of the current correction, the price may test the liquidity zone formed by yesterday's surge in volume - 140.5 - 143.3 Resistance levels: 139.0, 140.2, 143.3 Support levels: 135.67, 129.3 Consolidation is forming above the support range - 135.67. Most likely, bulls may flood the volume and provoke another rise to the liquidity zone, but there may not be enough potential for continued growth. A false breakout and lack of bullish momentum could trigger a decline to 135.5 - 129.3. Best regards, R. Linda!
Short
by RLinda
8
GBPJPY → Attempt to reverse the local trend to bullish FX:GBPJPY breaks the structure of the local downtrend amid the fall of the Japanese yen. The price may continue the global bullish trend... The yen continues to fall, the pound is rising. A breakout of the trend resistance is forming. The global trend is bullish. Key support is 203.500 - 203.260. Consolidation above this zone will confirm the bullish structure and may support further growth. If the bulls keep the price above 203.500, it could trigger growth. Resistance levels: 204.06, 205.32 Support levels: 203.52, 203.26 There is a battle between the bulls and bears for the 203.5 area. Consolidation is forming above 203.0, confirming the importance of the current zone. Now the focus is on the bulls; if they can keep the price above 203.5, the growth will continue. Otherwise, the price may test support... Best regards, R. Linda!
Long
by RLinda
6
BTC - Triple Intersection… Now or Never for the Bulls?Bitcoin has been in a steep correction for weeks, sliding inside a clear falling channel. Despite the heavy sell-off, price is now approaching one of the strongest confluence zones on the entire chart, a triple intersection. This key level combines: 1- The major weekly bullish trendline 2- The horizontal support between $85,000–$90,000 3- And the lower boundary of the falling corrective channel This kind of alignment doesn’t happen often. It’s the area where long-term bulls typically show up. As long as BTC holds above $85,000–$90,000, the macro bullish structure remains intact. A strong reaction here could trigger a reversal and kick off the next impulsive wave upward. However, if this triple confluence fails, the market may face a deeper correction before stabilising. We’re standing at a decisive moment… will this zone ignite the next bullish leg or break down into another wave of fear? 🤔 ⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly. 📚 Stick to your trading plan regarding entries, risk, and management. Good luck! 🍀 All Strategies Are Good; If Managed Properly! ~Richard Nasr.
Long
by TheSignalyst
1
EURAUD - Bulls Still in Control… Waiting for the Next Retest!📈EURAUD continues to hold a clean bullish structure , trading inside an ascending channel while respecting the major support zone around 1.7650–1.7700. ⚔️This green zone has acted as a strong rejection area multiple times , showing clear buying pressure each time price dips into it. As long as EURAUD remains above this structure, the bullish bias stays intact. I will be looking for longs on the next retest of the channel’s lower boundary, which aligns perfectly with the green demand zone - a powerful confluence area for trend-following entries. 🏹If the bulls manage to defend this zone once again, the next wave upward toward the upper boundary of the channel becomes the most likely scenario. But if price breaks below the structure, the bullish outlook would weaken. We’re now waiting for the market to make the next move… will the bulls step in again at support? 🤔 ⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly. 📚 Stick to your trading plan regarding entries, risk, and management. Good luck! 🍀 All Strategies Are Good; If Managed Properly! ~Richard Nasr.
Long
by TheSignalyst
1
EURUSD Rejected From Resistance — Pullback Toward 1.1560 in PlayHello traders! Let’s analyze the current EURUSD market structure. EURUSD continues to move within a broad descending channel, where both the Resistance Line and the Support Line have been respected multiple times, confirming a well-defined bearish market structure. Throughout the past sessions, price formed several Range phases near key levels, followed by Breakouts that maintained the overall downward momentum. Recently, EURUSD approached the upper boundary of the channel and reacted strongly from the major Resistance Level near 1.16600, which overlaps with the Seller Zone. This area has triggered multiple Turned Around movements in the past, reinforcing its importance as a supply region where sellers consistently regain control. After rejecting this resistance, price started a downward move toward the mid-range structure. The pair is now approaching the Buyer Zone around 1.15500–1.15600, which aligns with both the local support area and previous Range accumulation. This zone has historically served as a strong reaction level, where short-term bullish corrections often began. As long as EURUSD remains below the descending channel’s resistance and fails to break above the Seller Zone, the bearish structure remains intact. A continuation toward TP1: 1.15600 is the most likely scenario in the short term, especially if sellers maintain momentum below the 1.16200 area. A clean break below the Buyer Zone could open the door for a deeper decline toward the Support Line at the bottom of the channel. On the other hand, a confirmed breakout above the 1.16600 Resistance Level would invalidate the current bearish view and potentially shift the trend toward recovery. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
28
GBPAUD: volume Profile and Static levelsHello everyone! This is the daily chart! As you can see, there 2 channels here. One bearish and the other one is bullish. In coincide of two supports of them we see a strong previous S&R! V.P of October is out strong resistance! We see a great momentum after it. There is middle of the bearish channel around too. If we see a weak upward move, we can enter a short trade around the volume profile POC. The TP is just over the static support and around the dynamic support. You can also buy from support if we see a weakness in bears.
Short
by AliSignals
GBPCHF → Countertrend correction. Retest of resistance FX:GBPCHF is testing key resistance at 1.0515 as part of a countertrend correction. Bears are behaving quite aggressively in the current market... The global trend is downward. After retesting the local bottom, the currency pair is forming a correction to the previously broken consolidation border. The key area of interest is 1.0515, and bears are trying to hold it. The battle for the zone has been going on for several hours. In extreme cases, a retest of 1.054 is possible before a decline. A false breakout of resistance (consolidation border) is forming as part of a countertrend movement... Resistance levels: 1.0515, 1.0542 Support levels: 1.0486, 1.0443 If the bears keep the price below 1.0515, completing the reversal pattern, this could trigger a further decline. Otherwise, the currency pair may form a short squeeze and test 1.0542 before declining... Best regards, R. Linda!
Short
by RLinda
3
BITCOIN → 100K broken. Consolidation in the short zone...BINANCE:BTCUSDT.P broke through the 100K support level and is consolidating within the local range of 94,150 - 97,280. The decline may continue if the market does not receive support (news or other bullish drivers). Bitcoin is consolidating below the upward trend line of support and below 100K. The price has entered a zone of panic and sell-off. Before the fall, a “liquidity hunt” is possible - a retest of 97300 - 98900. The price is coming out of consolidation downwards, the bulls were unable to hold the 100K zone. The lack of a bullish driver and the negative fundamental background are doing their job... Resistance levels: 97280, 98900, 100700 Support levels: 94150, 91900 Before further decline, the market may test the previously broken support zone relative to the upward lower trend line. Focus on the 97280 - 98990 zone. A false breakout and lack of bullish momentum could form a reversal pattern and trigger a decline to 94150 - 91900. Best regards, R. Linda!
Short
by RLinda
48
PLTR Technical Analysis (Daily Chart)In your chart, PLTR is trading inside a well-defined ascending channel. Right now, the price is sitting exactly on the lower boundary of the channel, close to the 50-day moving average (SMA50) — a major decision zone. This area typically determines whether the market will: Bounce toward the top of the channel, or Break down into a deeper correction. Bullish Scenario (Bounce from channel support) If PLTR holds support around $165–170 and prints a bullish reversal candle: Upside Targets 1. $185 – first resistance / SMA50 2. $205 – mid-channel resistance 3. $225–230 – top of the ascending channel Bullish Stop-Loss Below $158 (A confirmed breakdown of the channel support) Bearish Scenario (Breakdown below channel) If the price closes below $158, the ascending channel breaks and a broader correction begins. Downside Targets 1. $145 – first major support 2. $125 – next historical support 3. $105–110 – deeper correction / long-term support Bearish Stop-Loss Above $172 (In case of a failed breakdown and retest) Quick Summary • PLTR is at a major inflection point. • As long as the channel bottom holds, the trend remains bullish. • A confirmed breakdown = start of a larger correction.
NASDAQ:PLTRLong
by isahebdadi
GBP/USD – Major Resistance Rejection SetupThis GBP/USD weekly chart shows a long-term ascending channel driving price toward a multi-year diagonal resistance zone. Each rally into this resistance has produced a strong rounded top, signaling that buyers lose strength exactly at the upper trendline — and sellers take control. Price is again approaching this same resistance after completing another rounded cycle. This behavior suggests a repeating pattern: Resistance → Rejection → Drop to Support. If price rejects from the resistance again, the first downside target is the 1.2700 area, followed by a deeper drop toward the major weekly support near 1.2200. A break of this level opens the door for a high-timeframe bearish continuation down toward 1.0650, where the next macro demand zone sits. However, if bulls defend the mid-level and push back up strongly, another retest of the diagonal resistance becomes likely — but historically this area has acted as a ceiling, not a breakout zone. This chart is basically showing a macro exhaustion pattern, with the market respecting structure cleanly: Rally → Exhaust → Correction → Repeat.
Long
by ZACKFX7