Parallel Channel
GOLD → Retest 4050 in a weak market...FX:XAUUSD is bouncing off support at 4000 and forming a correction towards 4050, an important resistance level. The market's main focus is on the September employment report (NFP), which will be released on Thursday.
Key pressure factors:
The strong dollar is supported by hawkish statements from the Fed and risk aversion. The probability of a rate cut in December has fallen to 42%.
Support for gold: Demand for government bonds has lowered the yield on 10-year Treasuries, allowing gold to rebound to $4045.
A series of negative labor market reports keeps risks alive.
Gold remains under pressure. A break below $4000 will open the way to $3950, while a rise above $4050 will require weak NFP data or dovish Fed rhetoric. The week will determine the direction
Resistance levels: 4050, 4090
Support levels: 4000, 3965
The market is beginning to doubt the local bullish structure. Strong trend support is breaking down and the previously broken level is being retested. If the bears keep the price below 4045-4050, gold could continue to decline. However, it is worth keeping an eye on the news in the second half of this week...
Best regards, R. Linda!
BTCUSD Long: Short-Term Correction Eyes $97,500 ResistanceHello traders! BTCUSD continues to trade within a well-defined descending channel, maintaining a broader bearish structure while forming a series of lower highs and lower lows. Throughout the move, the price has created multiple pivot points along both the upper and lower channel boundaries, confirming the strength of this trend. Inside the channel, Bitcoin developed two notable range phases, each reflecting temporary consolidation before continuing downward. A key formation on the chart is the Rounding Top Pattern, which developed near the mid-channel area. This structure signaled weakening bullish pressure and preceded a sharp decline back toward the channel’s lower boundary. After the breakdown, BTC attempted a small recovery, but price failed at the Supply Zone, creating a rejection that aligned with a bearish breakout confirmation.
Currently, the price is approaching the $97,500 short-term target, which sits close to the lower edge of the Supply Zone. This level has acted as a significant reaction area several times, and the market may retest it before deciding the next direction. As long as BTC trades within the descending channel, the broader trend remains bearish, but short-term corrective moves to the upside are possible due to the strong reaction from demand.
My scenario as long as BTCUSD holds above the Demand Zone ($94,000–$94,500) and shows continued strength, a corrective move toward $97,500 remains likely. This level represents the nearest resistance and aligns with previous supply reactions. A clean breakout above $97,500 would open the way for a deeper correction toward the channel’s mid-line or even the upper boundary. However, if price gets rejected at the supply zone again, sellers may regain control and attempt another push back toward the demand area. A confirmed break below the Demand Zone would invalidate the bullish recovery setup and could trigger continuation of the broader downtrend. For now, the structure supports short-term bullish correction, but overall trend remains bearish until the descending channel is broken. Manage your risk!
BTCUSD: Buyers Aiming for a Move Toward 99,000 ResistanceHello everyone, here is my breakdown of the current Bitcoin setup.
Market Analysis
BTCUSD has recently completed a strong downward phase inside a well-defined Downward Channel, where price continuously formed lower highs and lower lows. After reaching the Support Zone around $94,500–$95,200, buyers stepped in and created a fake breakout, followed by a quick recovery — a sign of weakening seller pressure. Following this rebound, Bitcoin formed an Inverse Head and Shoulders pattern, confirming a potential bullish reversal. Price has now broken above the Triangle Resistance Line, signaling the first structural shift from bearish to bullish.
Currently, BTCUSD is consolidating just above the $95,500–$96,000 support zone, which now acts as a retest area for the breakout. As long as BTC stays above the Triangle Support Line, bullish momentum remains intact, and the market structure favors further upward movement. The nearest target for buyers is the $99,000 Resistance Zone, which previously acted as a strong supply area. A successful breakout above $99,000 would confirm bullish continuation and open the way toward higher resistance levels. If price fails to hold above support, a short-term pullback toward the lower triangle boundary may occur before buyers try to regain control.
My Scenario & Strategy
I expect BTCUSD to maintain its bullish bias as long as price trades above the Triangle Support Line and the key support zone. Potential long entries remain valid on retests of the $95,500–$96,000 area, with a primary target at the $99,000 Resistance Zone (TP1).
A confirmed breakout above $99,000 would strengthen bullish momentum and open the next leg upward. However, a breakdown below the triangle structure may lead to a deeper correction toward $94,500. For now, sentiment remains bullish, and Bitcoin appears ready for a continued recovery within the new reversal structure.
That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
Time to Buy APLD between 22 and 1622 looks perfect from every possible way. 50% of LT channel, intersection two rising trendlines. hope it doesn't break down from 22 then we looking at 16 where first major volume comes in
Patterns and colors - Moving averages, fib channel, parallels BTC at recent ATHs was unable to break through key upper resistance in Sept-Oct from a parallel channel originating from the 2018 bull top and the 2023 lows. It is about to test the mid point of that parallel channel which happens to coincide with the 100day moving average (100M/red line).
Traditionally price trends upward finding support at the 50M during a bull market. Once price confirms below the 50M, history shows price will descend towards or even test the 100M (red, start of bull trap) followed by significant bounce up to the upside (yellow circle- 20M drops below 50M, completing the bull trap), quickly followed by a flush to the down side (capitulation).
If this plays out again, price is likely to retest lower fib parallels and hover around the 200M. Note* - each time the 200M bottom is reached, a new lower fib channel is introduced and price is extended further along the x-axis, whether that plays out this time remains to be seen.
A caveat in this setup is that typically the percentage change from red circle to yellow circle, the bull trap, is ~45-60% which would put price back at ATHs? In this model the bull trap, from red to yellow circle would roughly be a 20-30% correction to the upside before ultimately flusing to the downside. To negate this previous pattern setup I'm assuming this longer bull run is likely exhausted after 3 notable pumps/bull flags since the 2022-2023 200M accumulation and is likely due for a larger pull back.
However if more free money is introduced to the system (stimulus checks, lower interest rates, etc) then all bets are off, or rather, reevaluated.
Yellow - 20M tends to cross below 50M (green) at height of bull trap, bull market if above 50M
Green - 50M provides support in bull market, if price goes below, start of bull trap the retest
Red - 100M last warning to sell if price crosses below, or buy if price crosses above
Blue - 200M always accumulate here
GOLD → Consolidation while awaiting the driverFX:XAUUSD is consolidating after a sharp decline. Bulls are consolidating above 4050. Important US data is ahead, including the employment report (NFP) on Thursday.
Decrease in bets on Fed easing: The probability of a cut in December has fallen to 46% (from 67% a week ago) after cautious statements by Fed officials. However, we have not yet seen inflation and employment data, so the situation may change... The September NFP report will be released on Thursday after a 43-day hiatus.
The market is waiting for clarity from the US data. Weak indicators (NFP, inflation) could bring back interest in gold, while strong data would strengthen the dollar and reinforce the correction.
Gold is in the $4030–4100 range. A break above $4100 will require weak US data or unexpectedly dovish rhetoric from the Fed. The $4030–4045 level is key support.
Resistance levels: 4097, 4110
Support levels: 4071, 4046, 4032
I think the market may remain in the current range while awaiting economic data or other drivers. A correction to support may form from resistance. It is important to monitor the levels from below; if the bulls keep the price above support during the correction, gold will be able to strengthen...
Best regards, R. Linda!
Upcoming rotation from big tech to crypto?Tech SP:SPX and crypto CRYPTOCAP:BTC have been tightly correlated despite suggestions that crypto is a hedge. Therefore it's surprising to see the relative outperformance in tech this year.
In fact, Bitcoin has just gone negative on the year, while the stock market is up double digits again after a sharp April drawdown.
History suggests that crypto / stock relationship should return to a tight correlation, but how do we get there? Will stocks hold and crypto appreciate? Will crypto hold and stocks depreciate?
I think crypto could dig in around current levels, but there's a very good chance I'm mental lol!
EURUSD Long: Buyers Targeting a Move Toward 1.1670 ResistanceHello traders! EURUSD is maintaining a bullish structure after rebounding from the Demand Zone at 1.1600–1.1610, where buyers consistently stepped in to defend support. This area also aligns with the Demand Line of the ascending channel, making it a key decision point for the current uptrend. Earlier, the pair formed a Rounding Top near the 1.1650–1.1670 Supply Zone, which triggered a downside breakout and a short-term correction. Once price reached the pivot point around 1.1530, buyers regained control and initiated a steady recovery, forming a clean ascending channel.
Currently, EURUSD is approaching the Supply Zone at 1.1650–1.1670, which also aligns with the Supply Line of the channel — creating a strong confluence resistance area. A breakout above this zone would confirm bullish continuation toward the next major liquidity cluster. As long as the pair holds above the Demand Line, the bullish structure remains intact. A minor pullback toward the 1.1610–1.1620 Demand Zone would be considered a healthy correction within the trend.
My scenario as long as EURUSD stays above 1.1600–1.1610, buyers remain in control and the bullish channel is valid. The primary upside target is 1.1670, which serves as both a Supply Zone and a key structural resistance. A confirmed breakout above 1.1670 would signal continuation toward higher levels and mark a shift into a stronger bullish phase. If the pair rejects the Supply Zone, a pullback toward 1.1620–1.1600 is likely, where buyers may re-enter. A break below 1.1600 would weaken the bullish outlook and open the path toward deeper correction. For now, the market favors buying pullbacks while holding above demand. Manage your risk!
EURUSD: Breakout Structure Supports Move Toward 1.1650Hello everyone, here is my breakdown of the current Euro setup.
Market Analysis
EURUSD is showing a clear bullish shift after breaking out of multiple downward structures and reclaiming higher support levels. The chart highlights several key phases: a prolonged decline inside two consecutive Downward Channels, followed by confirmed breakouts, each signaling weakening bearish momentum. After the second downward channel breakout, EURUSD established a stable bullish structure, forming an ascending move supported by the Triangle Support Line. Price has been consistently creating higher lows along this line, indicating strong buyer presence.
Currently, EURUSD retraced back toward the Triangle Support Line after being rejected from the major Resistance Area around 1.16500. This zone has acted as a key supply region multiple times, and it also aligns with the Triangle Resistance Line, making it a significant confluence area. As long as price remains above the ascending support, the bullish structure stays intact. The overall market behavior shows healthy correction patterns followed by breakouts, suggesting that buyers remain in control, with momentum gradually building toward the upper resistance once again.
My Scenario & Strategy
I expect price to rebound from the current correction zone and attempt another move toward the 1.16500 Resistance, which is the next major decision point. A successful breakout above 1.16500, followed by consolidation, would signal a bullish expansion and could open the path toward higher targets in the coming sessions.
However, if EURUSD breaks below the Triangle Support Line, the current bullish structure would weaken, and price may return to lower support areas before buyers attempt another recovery. For now, structure remains bullish, and pullback-based long entries continue to offer the best opportunity while price respects the rising support trendline.
That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
XRPUSDT → Consolidation before breaking through support BINANCE:XRPUSDT continues to storm the 2.24 support level amid a downtrend and a weak market. There is no bullish driver, and the fundamental background is also weak...
Bitcoin breaks through the key support zone of 100K and enters a zone of panic and sell-offs. The cryptocurrency market is weak and facing seasonal sell-offs in the absence of a bullish driver. The correction may continue...
XRP is forming a local downtrend with cascading resistance within a flat. The reaction to the 2.24 support is weakening and a pre-breakout base is forming. Before the fall, a retest of the 2.315 zone of interest is possible.
Resistance levels: 2.315, 2.4465
Support levels: 2.24, 2.153, 2.097
A false breakout of 2.3146 could trigger a further decline, but a close below 2.153 could trigger a sell-off and a subsequent decline to the 2.153-2.097 zone.
Best regards, R. Linda!
XAUUSD Buyers Step In — Market Aiming for $4,140 RetestHello traders! Let’s take a look at XAUUSD (Gold). XAUUSD maintains a bullish structure after bouncing from the key $4,050–$4,060 support zone, where price also retested the ascending trendline. After breaking out of the descending channel, Gold formed a new accumulation zone and moved higher, approaching the strong $4,140 resistance level. The price is now trading between the ascending support and the local supply zone near $4,140, forming a tightening structure. A breakout above this level could open the way for further upside, while a rejection may trigger a correction back toward $4,060. As long as XAUUSD holds above $4,060 and the ascending trendline, a renewed move toward $4,140 remains likely, with potential for a breakout. Please share this idea with your friends and click Boost 🚀
BTCUSD Rebounds From Buyer Zone — Correction Toward $101KHello traders! Let’s take a look at BTCUSD (Bitcoin). After an extended bearish phase inside a broad descending channel, price consistently respected both the resistance and support lines, forming a clear series of lower highs. Each touch of the descending resistance line resulted in a Turned Around reaction, confirming strong seller control throughout the structure. Earlier, Bitcoin broke below its local support area, initiating a deeper correction toward the major Support Level near $96,000. This zone aligns with the lower boundary of the descending channel and historically served as a strong reaction area for buyers. Recently, BTCUSD reached the bottom of the structure and is now showing early signs of a potential pullback. Price is attempting to rebound from the Buyer Zone, aiming toward the nearest resistance cluster around $100,800–$101,600, which also forms the lower boundary of the Seller Zone. This level previously acted as support and is now expected to serve as a strong retest area. As long as price remains below the descending resistance line, the overall trend stays bearish. A short-term bullish correction toward TP1: $101,600 remains possible, especially if buyers maintain control above the $96,000 support. However, if BTC fails to break above the Seller Zone, sellers may step in again, potentially pushing the price back toward the major support and even extending the downtrend. A confirmed breakout above the descending resistance would invalidate the bearish scenario and open the door for a stronger recovery. Please share this idea with your friends and click Boost 🚀
Gold. Where to short for 6150 pips. 16/Nov/25Xauusd have formed a pivot for downtrend at 4245.195. Trend will continue decline untill mid of December 2025..
XAUUSD: Bounce from Support Zone Targets $4,280 ResistanceHello everyone, here is my breakdown of the current Gold setup.
Market Analysis
Gold (XAUUSD) continues to maintain a bullish market structure after successfully recovering from the Support Zone near $4,090–$4,100, where buyers stepped in to defend a key demand area. Following a fake breakout to the downside in late October, price regained momentum and established a new Upward Channel, characterized by higher highs and higher lows — a strong sign of renewed buying pressure.
Currently, gold has already completed two major breakout phases, first reclaiming the support range and then extending toward the mid-channel zone. The current consolidation suggests a temporary pause before another impulsive leg upward. Price is now trading between the $4,190 support and the $4,350 resistance area, where previous reactions indicate strong liquidity. This resistance has acted as a cap for prior rallies, making it a crucial target zone for bulls. As long as the metal holds above the channel’s lower boundary, the short-term trend remains bullish. A minor pullback toward the support area could serve as a healthy correction before another rally unfolds. However, a confirmed break below $4,190 could temporarily weaken the bullish momentum and lead to a deeper retracement.
My Scenario & Strategy
I expect XAUUSD to maintain its bullish trajectory while respecting the ascending channel structure. Buyers may look for potential long setups near the $4,190–$4,200 support zone, targeting the $4,320–$4,350 resistance area (TP1). A breakout and close above $4,350 would open the path toward $4,400+ levels, confirming further continuation of the bullish cycle.
Conversely, a strong bearish break below the channel and support zone could signal a short-term correction toward $4,100 before buyers attempt to regain control. For now, sentiment remains optimistic, and gold continues to look poised for another bullish leg higher within its well-defined upward channel.
That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
EURUSD Breaks Channel Resistance — Rally Toward 1.1660 in FocusHello traders! Let’s analyze the current EURUSD market structure. After an extended downtrend within a descending channel, the pair has recently shown the first signs of potential bullish reversal. Throughout the decline, price consistently respected the resistance line of the channel, making lower highs and lower lows. However, buyers have now stepped in strongly near the 1.1500–1.1530 Buyer Zone, which coincides with both the horizontal Support Level and the lower boundary of the previous structure — confirming it as a major demand area. Following a fake breakout below this support, EURUSD quickly recovered, forming a turnaround pattern and breaking above the descending resistance line. This move indicates that sellers are losing control while bullish momentum is gradually building. The pair has now established a short-term ascending structure, where price is developing higher highs and higher lows. Currently, EURUSD is retesting the breakout zone near 1.1580, which acts as dynamic support inside the new bullish channel. As long as the pair holds above this level, the outlook remains constructive, and buyers could push the price higher toward TP1 at 1.1660, which represents a key Resistance Level and former Seller Zone. A confirmed breakout above 1.1660 would reinforce the bullish bias and open the door toward the next resistance area near 1.1720. On the other hand, a rejection from this level might trigger a temporary pullback back to the 1.1580–1.1550 Buyer Zone before a new upward wave emerges. Overall, the structure has shifted from bearish to bullish, with the ascending Support Line now serving as a key level for maintaining the positive outlook. Please share this idea with your friends and click Boost 🚀
Ethereum to 6000$ if successfully Breakout this Curve If we look at Ethereum on the daily timeframe, we can clearly see that a curve-shaped pattern is forming — you can also call it a curved trendline. This type of structure usually shows a gradual shift from a slow accumulation phase into a stronger upward trend.
If Ethereum manages to break out properly above this curved trendline — with strong volume and a clean retest — then the move can easily extend toward the $6,000 to $7,000 zone. But the key condition here is a confirmed breakout, not just a wick or a temporary spike.
A successful breakout of a curved trendline often signals the start of a stronger momentum phase. And if Ethereum breaks out cleanly from this pattern, we can also expect the possibility of an altseason, because Ethereum strength usually boosts mid-caps and low-caps as liquidity rotates into the rest of the market.
So the main points are:
A curved trendline/curve pattern is developing on the daily chart
A clean breakout is required to validate this structure
If confirmed, Ethereum has room to run toward $6K–$7K
Such a breakout can also trigger a wider altseason across the market
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XRPUSDT → False breakout of resistance in a weak marketBINANCE:XRPUSDT faces strong resistance and forms a false breakout amid a weak market. Bearish pressure remains high...
Bitcoin failed to break through the 106K resistance and returned to the short zone, with the cryptocurrency market, including XRP, reacting with a decline... Overall, the market is in a weak phase and is not yet ready to move into strong growth. Consolidation may continue...
False breakout of resistance at 2.5530 amid a weak market. The market has no potential for continued growth, and a reversal pattern is forming, provoking a sell-off...
Resistance levels: 2.496 - 2.553
Support levels: 2.376, 2.24
A retest of the local base at 2.5 is possible before the decline continues. As part of the current movement, the market may test 2.37, but if the bulls fail to hold this zone, the coin may drop to 2.24.
Best regards, R. Linda!
#ZECUSDT #4h (ByBit) Ascending channel on resistance [SHORT]Zcash just printed a shooting star and entered overbought territory again.
It seems likely to finally retrace down towards 50MA support, short-term.
⚡️⚡️ #ZEC/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (3.0X)
Amount: 4.4%
Current Price:
684.73
Entry Targets:
1) 694.97
Take-Profit Targets:
1) 484.39
Stop Targets:
1) 800.52
Published By: @Zblaba
CRYPTOCAP:ZEC BYBIT:ZECUSDT.P #4h #Privacy #ZK z.cash
Risk/Reward= 1:2.0
Expected Profit= +90.9%
Possible Loss= -45.6%
Estimated Gaintime= 1 week
Descending Channel make Descending Channel price go down
when Descending Channel make mostly price go down
rsi d yes
lower low make 1 point
rsi d yes 1 point
Descending Channel 1 point
2 bear point
SPX – Bounce or Break?The latest sell-off comes as higher yields and softening growth expectations weigh on risk. SPX is now testing the lower bound of the August channel and the anchored VWAP – a crucial confluence.
A reaction here sets the tone. A bounce could keep the structure intact, while a clean break opens the door to a broader correction and more cash waiting on the sidelines.
What’s your read?
AUDNZD Rally Losing Steam – Watch This Reversal Zone!As we’ve seen, AUDNZD ( OANDA:AUDNZD ) recently began an upward move after forming a Falling Wedge Pattern , and it’s been in an Ascending Channel for about the past 16 days.
Currently, AUDNZD is moving into a Heavy Resistance zone(1.1662 NZD-1.1340 NZD) and a Potential Reversal Zone(PRZ) .
From an Elliott Wave perspective, it seems like AUDNZD is completing the microwave 5 of the main wave 3 . Once it breaks below the lower line of the ascending channel, we can somewhat confirm the end of the main wave 3.
Additionally, we can see a Negative Regular Divergence(RD-) forming between two consecutive peaks.
I expect that in the coming hours, AUDNZD might decline at least to the Support zone(1.1480 NZD-1.1444 NZD) . If it breaks that Support zone, we could see it dropping toward around 1.1353 NZD(Second Target) .
Stop Loss(SL): 1.16403 NZD
Please respect each other's ideas and express them politely if you agree or disagree.
Australian Dollar/New Zealand Dollar Analyze (AUDNZD), 4-hour time frame.
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Do not forget to put a Stop loss for your positions (For every position you want to open).
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BTCUSD Long: Rebound From Demand Line Targets $104K ResistanceHello traders! Bitcoin (BTCUSD) continues to trade within a well-defined structure, showing a gradual transition from a bearish phase toward potential accumulation. After an extended decline inside the Descending Channel, the market found strong support around the $100,600–$101,000 Demand Zone, where a fake breakout occurred — signaling liquidity grabs and renewed buyer interest. This zone has acted as a major reaction area multiple times, marking it as a key demand region. Following the rebound from this level, BTCUSD formed a Pivot Point near $101,200, initiating a mild bullish recovery along the Demand Line, which now serves as dynamic support. However, price remains capped below the $104,000 Supply Zone, an area that aligns with both the upper boundary of the current Range and the previous Fibonacci Arc retracement, where sellers previously re-entered the market.
Currently, Bitcoin is consolidating between $101,200 support and $104,000 resistance, reflecting indecision before a potential breakout. If buyers manage to defend the Demand Line and reclaim $103,000, a move toward $104,000 and possibly higher could follow, completing the short-term recovery phase. Conversely, a confirmed breakdown below $101,000 would invalidate the bullish scenario, likely driving price back toward the $100,000–$99,600 zone for another liquidity test.
I expect the current structure suggests Bitcoin is in a neutral-to-bullish phase, with attention focused on how price reacts around the Demand Line and Range boundaries. A strong rebound from current levels could trigger the next leg toward $104,000 resistance. Manage your risk!
