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Parallel Channel

BTCUSDT: Holding 87,300 Support Ahead of a 89,000 RetestHello everyone, here is my breakdown of the current BTCUSDT setup. Market Analysis BTCUSDT is trading within a well-defined ascending channel, reflecting a sustained bullish structure after breaking out of the prior consolidation range. Earlier in the chart, price spent significant time moving sideways inside a broad range, capped by a resistance zone near 89,000 and supported by demand below. A decisive breakout from the range confirmed a shift toward bullish market conditions. Recently, BTC pushed back into the 89,000 Resistance Zone, where selling pressure appeared again. The current reaction from resistance looks corrective, not impulsive, suggesting temporary rejection rather than a trend reversal. Price is consolidating just above support, indicating compression between support and resistance within the bullish channel. My Scenario & Strategy My primary scenario remains bullish as long as BTCUSDT holds above the 87,300 Support Zone. Continued defense of this area could lead to another attempt to test the 89,000 Resistance Zone. A clean breakout and acceptance above resistance would confirm continuation within the channel and open the door for further upside. However, on the flip side, a decisive breakdown below the support zone and channel structure would weaken the bullish bias and signal a deeper corrective move toward lower levels. For now, price remains constructive, with buyers defending structure while BTC consolidates below resistance. That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
Long
by Ratner
22
JPM — Bullish Channel at Decision PointTechnical Overview • Price is moving inside a well-defined ascending channel • Currently testing the upper channel resistance • Trend remains bullish as long as price holds above the channel midline & SMA Bullish Scenario • Confirmation: Strong daily close above the channel top (~330) • Targets: • 345 • 360 • Stop-loss: 318 (back inside channel) Bearish / Pullback Scenario • Rejection from resistance may trigger a healthy correction • Downside zones: • 305 • 295 (lower channel support) • Invalidation of trend: Daily close below 295 Trend Bias • Short-term: Neutral → Bullish (breakout-dependent) • Mid / Long-term: Bullish while inside the ascending channel Fundamental Snapshot (Brief) • JPM remains the strongest U.S. bank fundamentally • Benefits from: • High interest rates • Strong balance sheet • Market leadership in investment & commercial banking • Fundamentally aligned with long-term bullish technical structure
NYSE:JPMLong
by isahebdadi
21
EURUSD: 1.1750 Support Sets Up a Retest of 1.1800Hello everyone, here is my breakdown of the current EURUSD setup. Market Analysis EURUSD has confirmed a bullish shift after breaking out of the previous downward channel, signaling a clear change in market structure from bearish to bullish. This breakout marked the start of a strong impulsive move higher, with price establishing higher highs and higher lows. Following the breakout, EURUSD respected a rising trend line, which is now acting as dynamic support and reinforcing the bullish bias. Currently, price pushed into the 1.1800 Resistance Zone, where selling pressure emerged, leading to a rejection and short-term pullback. This reaction looks corrective rather than impulsive, suggesting profit-taking instead of a trend reversal. The pullback is currently unfolding toward the Support Zone around 1.1750, which aligns with the previous breakout area and the ascending trend structure. This zone has already shown buyer reaction, indicating active demand. My Scenario & Strategy My primary scenario remains bullish as long as EURUSD holds above the 1.1750 Support Zone. I expect buyers to defend this area and attempt another push toward the 1.1800 Resistance Zone. A clean breakout and acceptance above 1.1800 would confirm bullish continuation and open the path toward higher targets. However, a decisive breakdown below the support zone would weaken the bullish structure and signal a deeper corrective move. For now, price action favors buyers while the ascending structure and key support remain intact. That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
Long
by Ratner
18
EURUSD in Uptrend – Retest of Support Before Next PushHello traders! Here’s my technical outlook on EURUSD (2H) based on the current chart structure. EURUSD is trading within a clear bullish environment after transitioning from a prolonged consolidation phase into an impulsive upward move. Earlier on the chart, price was moving inside a range, indicating balance between buyers and sellers. This range was eventually resolved to the upside, confirming a shift in market control. Currently, price is trading above the Support Level around the 1.1750 area, which also aligns with the Buyer Zone and the former range high. This zone is acting as a key demand area after the breakout. The recent pullback appears corrective, with price retesting support rather than showing impulsive selling pressure. As long as EURUSD holds above this support zone, the bullish structure remains intact. My scenario: if buyers continue to defend the 1.1750 Buyer Zone, EURUSD could resume its upward move toward the 1.1800 Resistance Level and potentially extend toward the 1.1820 TP1. A clean continuation above resistance would confirm further upside momentum. However, a breakdown below the support zone would signal a deeper correction and weaken the bullish setup. For now, the structure favors buyers while price respects support. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
17
TON at a Major Long-Term SupportOverall Market Structure • TON is trading inside a long-term ascending channel • Price is currently sitting right at the lower boundary of this channel • This zone represents a high-importance decision area from a technical perspective Short-Term Scenario (Trading View) Bullish Short-Term Scenario • Price reaction at the lower channel support • High probability of a technical rebound after heavy selling pressure • Suitable for short-term swing trades Logical entry zone: • $1.50 – $1.65 Short-term stop-loss: • $1.38 • A confirmed breakdown below this level invalidates the setup Short-term targets: • First target: $1.95 • Second target: $2.30 • Extended target (strong momentum): $2.80 📌 Risk-to-reward is attractive, but the scenario depends entirely on holding channel support. Bearish Short-Term Scenario • A confirmed breakdown below the channel • Increased downside momentum and liquidation pressure Downside targets: • $1.20 • $0.95 • Critical support zone: $0.75 Mid- to Long-Term Scenario (Investment View) Bullish Long-Term Outlook • As long as price remains inside the ascending channel, the bullish market structure remains intact • The current zone represents a strong long-term accumulation area Long-term stop-loss: • $1.10 (weekly close below this level = exit signal) Long-term targets: • Conservative target: $3.50 • Mid-cycle target: $5.00 • Full bull-market target: $7.00 – $9.00 📌 Achieving higher targets requires: • Increasing volume • A favorable broader crypto market • Positive ecosystem developments Fundamental Overview (Brief) • TON is the native blockchain of the Telegram ecosystem • Potential access to hundreds of millions of Telegram users is a major strategic advantage • Key focus areas: • In-app payments • Telegram Mini Apps • Web3 integration inside Telegram • Main risks: • Heavy dependency on Telegram’s strategic decisions • Strong competition from L2 networks and high-performance blockchains Fundamental takeaway: TON has strong long-term growth potential, but remains a high-volatility asset, making risk management essential. Final Summary • TON is at one of its most critical technical levels • Short-term: high-quality bounce opportunity with defined risk • Long-term: suitable for gradual accumulation, not all-in entries • A breakdown below channel support would invalidate the bullish thesis
CRYPTO:TONUSDLong
by isahebdadi
SILVER - Record High $72.70Executive Summary Silver just hit an ALL-TIME HIGH of $72.70 on December 24, 2025, capping off a historic year that has seen the precious metal surge +148.54% YTD - outperforming gold's impressive +70% gain. Currently trading at $71.80, silver is riding a powerful ascending channel on the 4H timeframe with no signs of slowing down. Safe-haven demand, Fed rate cut expectations, inclusion on the U.S. critical minerals list, and rising industrial use have created a perfect storm for silver bulls. BIAS: BULLISH - Strong Uptrend Intact This is one of the most bullish setups I've seen. +148% YTD, record highs, ascending channel intact, and technicals screaming "BUY." The trend is your friend. Current Market Context - December 24, 2025 Silver is having a historic year: Current Price: $71.8050 (+0.50% on the day) Day's Range: $70.2124 - $72.693 52-Week Range: $28.3390 - $72.693 ALL-TIME HIGH: $72.70 (hit today) Technical Rating: BUY Performance Metrics - ALL GREEN (HISTORIC): 1 Week: +12.68% 1 Month: +43.50% 3 Months: +63.61% 6 Months: +96.26% YTD: +148.54% 1 Year: +142.28% This is the best performing major asset of 2025. Silver has more than doubled from its 52-week low of $28.34. THE BIG STORY - Silver Outshines Gold in Historic Rally Record-Breaking Performance Silver has surged more than 150% year-to-date, significantly outpacing gold's impressive 70%+ gain. This is gold's biggest annual gain since 1979, and silver is beating it handily. Key milestones: ALL-TIME HIGH: $72.70 (December 24, 2025) Previous record broken multiple times this month Up 143.56% from 52-week low of $28.94 Up 142.08% from 2025 low of $29.116 (April 4) Month-to-date: +24.87% Three consecutive winning sessions Largest 3-day gain: +9.12% ($5.893) Why Silver Is Outperforming Gold Strong investment demand Inclusion on U.S. critical minerals list Rising industrial use (solar panels, electronics, EVs) Tighter supply dynamics Rotation from gold investment demand Safe-haven appeal in uncertain times FUNDAMENTAL DRIVERS - The Perfect Storm 1. Safe-Haven Demand Geopolitical tensions driving investors to precious metals U.S. President Trump calling for regime change in Venezuela Global uncertainty supporting haven assets Investors flocking to tangible assets 2. Fed Rate Cut Expectations Markets pricing in two rate cuts for 2026 Non-yielding assets like silver thrive in low-rate environments Trump wants next Fed chairman to lower rates Falling U.S. dollar supporting precious metals Interest rates ticking lower 3. Industrial Demand Surge Silver added to U.S. critical minerals list Solar panel production driving demand Electric vehicle growth increasing silver usage Electronics and technology applications expanding Industrial use creating structural demand 4. Supply Constraints Tight mine supply globally Limited new production coming online Inventory drawdowns Supply unable to keep pace with demand 5. Broader Precious Metals Rally Gold broke above $4,500 for first time Platinum up ~160% YTD Palladium up ~100% YTD Copper and base metals climbing Entire commodities complex in bull mode Expert Analysis Fawad Razaqzada (City Index/FOREX.com): "The lack of any bearish factors and strong momentum, all backed by solid fundamentals, which include continued central bank buying, a falling U.S. dollar and some level of haven demand" is supporting precious metals. Societe Generale Analysts: "The risk of a major drop in the gold price would seem largely linked to a slowing of outright gold buying, such as by emerging market central banks. Barring such an event, investor positions suggest that the extraordinary surge in gold prices is likely to continue." Gold target: $5,000/oz by end-2026 (Societe Generale) ADM Investor Services: "With the dollar weakening, interest rates ticking lower, and the U.S. President calling for regime change in Venezuela the bull camp has a plethora of bullish themes." Technical Structure Analysis Price Action Overview - 4 Hour Timeframe The chart shows a textbook bullish structure: Ascending Channel Pattern: Clear ascending channel established Lower trendline (support) rising from ~$58 area Upper trendline (resistance) at ~$73-74 area Price respecting channel boundaries well Midline (dashed) providing dynamic support/resistance Higher highs and higher lows throughout Recent Price Action: Strong rally from channel bottom Price currently near upper channel (~$71.80) Recent pullback found support at midline Recovery to new highs Momentum remains strong No signs of channel breakdown Key Observations: Price at all-time high territory Channel intact and well-defined Trend structure extremely bullish Pullbacks being bought aggressively Volume supporting the move Key Support and Resistance Levels Resistance Levels: $72.693 - Day's high / immediate resistance $72.70 - ALL-TIME HIGH $73.00 - Psychological level $74.00-$75.00 - Upper channel resistance $80.00 - Extended bullish target $100.00 - Major psychological target (analyst projections) Support Levels: $71.00 - Immediate support $70.00 - Psychological support / recent breakout level $68.00-$69.00 - Channel midline support $65.00-$66.00 - Secondary support $62.00-$63.00 - Channel bottom support $58.00-$60.00 - Major support zone Channel Analysis Channel width: approximately $10-12 Channel slope: strongly bullish (steep angle) Current position: Near upper channel Midline: ~$68-69 area (dynamic support) Channel bottom: ~$62-63 area (strong support) Channel top: ~$73-74 area (resistance) Moving Average Analysis Price trading well above all major moving averages All MAs sloping sharply upward Golden cross patterns on multiple timeframes MAs providing dynamic support on pullbacks Trend structure extremely bullish Technical Rating The TradingView technical gauge shows "BUY" - confirming the bullish bias across multiple indicators. SCENARIO ANALYSIS BULLISH SCENARIO - Continuation to New Highs Trigger Conditions: Price breaks above $73.00 with volume Channel breakout to upside Gold continues rally toward $5,000 Fed signals more rate cuts Dollar weakness continues Price Targets if Bullish: Target 1: $73.00-$74.00 - Upper channel Target 2: $75.00-$76.00 - Channel breakout target Target 3: $80.00 - Extended target Moon Target: $100.00 (analyst projections for 2026) Bullish Catalysts: Record highs attracting momentum buyers Gold rally continuing ($4,500+, targeting $5,000) Fed rate cut expectations Dollar weakness Safe-haven demand (Venezuela, geopolitics) Industrial demand (solar, EVs, electronics) Critical minerals list inclusion Supply constraints Entire precious metals complex in bull mode BEARISH SCENARIO - Pullback Within Channel Trigger Conditions: Rejection at upper channel ($73-74) Profit-taking after massive rally Dollar strength Fed hawkish surprise Risk-on rotation out of safe havens Price Targets if Bearish: Target 1: $70.00 - Psychological support Target 2: $68.00-$69.00 - Channel midline Target 3: $65.00-$66.00 - Secondary support Extended: $62.00-$63.00 - Channel bottom Bearish Risks: Overbought conditions after +148% YTD Near upper channel (potential rejection) Profit-taking at record highs Holiday thin volumes Potential dollar bounce Fed policy uncertainty NEUTRAL SCENARIO - Consolidation Near Highs Most likely short-term outcome: Price consolidates between $70-$73 Digests recent gains Builds base for next leg higher Healthy consolidation after massive rally Channel midline provides support MY ASSESSMENT - BULLISH The weight of evidence overwhelmingly favors bulls: Bullish Factors (Dominant): +148.54% YTD - Best performing major asset ALL-TIME HIGH just hit ($72.70) Ascending channel intact and well-defined Technical rating: BUY Outperforming gold significantly Multiple fundamental drivers aligned Safe-haven demand strong Fed rate cuts expected Industrial demand surging Supply constraints Entire precious metals complex bullish No bearish factors visible (per analysts) Bearish Factors (Minor): Near upper channel (potential short-term resistance) Overbought after massive rally Holiday thin volumes Profit-taking risk at record highs My Stance: BULLISH - Buy Dips This is one of the strongest trends in any market right now. +148% YTD with no signs of slowing. The fundamentals are aligned, the technicals are bullish, and the channel is intact. Don't fight this trend. Strategy: Buy dips to channel midline ($68-69) Buy dips to $70 psychological support Target upper channel ($73-74) and beyond Tight stops below channel support Don't short this market Respect the trend - it's massively bullish Trade Framework Scenario 1: Breakout Trade Above $73 Entry Conditions: 4H candle closes above $73.00 Volume confirmation Gold holding above $4,500 Trade Parameters: Entry: $73.00-$73.50 on confirmed breakout Stop Loss: $71.00 below recent support Target 1: $75.00 (Risk-Reward ~1:1) Target 2: $78.00-$80.00 (Risk-Reward ~1:2.5) Target 3: $85.00+ (Extended) Scenario 2: Buy the Dip at Channel Midline Entry Conditions: Price pulls back to $68-69 zone Bullish rejection candle Channel midline holds Trade Parameters: Entry: $68.00-$69.00 at channel midline Stop Loss: $65.00 below secondary support Target 1: $71.00-$72.00 (Risk-Reward ~1:1) Target 2: $73.00-$74.00 (Risk-Reward ~1:1.5) Target 3: $75.00+ (Extended) Scenario 3: Buy at $70 Psychological Support Entry Conditions: Price tests $70.00 level Bullish bounce Volume spike on recovery Trade Parameters: Entry: $70.00-$70.50 at psychological support Stop Loss: $68.00 below midline Target 1: $72.00-$72.70 (ATH retest) Target 2: $73.00-$74.00 (upper channel) Target 3: $75.00+ (Extended) Risk Management Guidelines Position sizing: 2-3% max risk per trade Respect the channel - it's your guide Don't short this market Buy dips, don't chase highs Use channel levels for entries/exits Scale out at targets Move stop to breakeven after first target Holiday volumes may be thin - use appropriate size Invalidation Levels Bullish thesis invalidated if: Price closes below $62 (channel bottom) Ascending channel breaks down Gold crashes below $4,000 Dollar surges significantly Fed signals no more rate cuts Bearish thesis invalidated if: Price closes above $75 (channel breakout) New all-time highs with momentum Gold breaks $5,000 Industrial demand accelerates further Conclusion Silver is having a historic year. With +148.54% YTD gains, it's the best performing major asset of 2025, significantly outpacing gold's impressive +70% rally. The precious metal just hit an ALL-TIME HIGH of $72.70 and shows no signs of slowing down. The Numbers: Current Price: $71.8050 ALL-TIME HIGH: $72.70 YTD Performance: +148.54% 1-Year Performance: +142.28% 52-Week Low: $28.34 Technical Rating: BUY Key Levels: $72.70 - ALL-TIME HIGH $73.00-$74.00 - Upper channel resistance $71.80 - Current price $70.00 - Psychological support $68.00-$69.00 - Channel midline $62.00-$63.00 - Channel bottom (major support) The Setup: Silver is in a powerful ascending channel with all fundamentals aligned. Safe-haven demand, Fed rate cuts, industrial demand, and supply constraints have created the perfect storm. The technical rating is "BUY" and the trend is undeniably bullish. Strategy: Buy dips to $68-70 support zone Target $73-74 (upper channel) and $75+ Stops below channel support Don't fight this trend Respect the channel Analysts are targeting gold at $5,000 by end-2026. If silver continues to outperform, $100 silver is not out of the question.
TVC:SILVERLong
by officialjackofalltrades
9
AVAXUSDT - The hunt for liquidity before the fall BINANCE:AVAXUSDT , within the context of a global downtrend and low liquidity associated with market conditions, is forming a short squeeze ahead of a possible decline. The global trend is protracted and downward, which generally indicates the dominance of bears in the medium and long term. Bitcoin is consolidating against the backdrop of a downward trend, which generally creates negative sentiment in the market. AVAX is forming a short squeeze of consolidation resistance at 12,460, formed against the backdrop of a global downward trend. This is a manipulative maneuver to accumulate liquidity before a possible decline. If the bears keep the price below 12.540 - 12.460, then a decline can be expected in the short and medium term. Resistance levels: 12.46, 12.54 Support levels: 12.03, 11.94, 11.26 A false breakout of resistance could confirm the end of the correction or consolidation and trigger a continuation of the main downtrend. Best regards, R. Linda!
Short
by RLinda
10
BTCUSDT: Buyers Defend 86K Support, Upside in FocusHello everyone, here is my breakdown of the current BTCUSDT setup. Market Analysis BTCUSDT has shifted its structure after breaking out of a prolonged Downward Channel, signaling a loss of bearish control and the start of a stabilization phase. Following the breakout, price entered a broad range, bounded by a clear Resistance Zone around 90,300 and a Support Zone near 86,000. This range reflects market indecision after the strong sell-off. Currently, price has formed a triangle structure, with descending resistance and ascending support lines, indicating compression and preparation for a directional move. Recently, BTCUSDT tested the lower boundary of the range and successfully defended the Support Zone, followed by a breakout from the short-term structure, suggesting renewed buyer interest. Current price action shows consolidation above support, favoring a bullish continuation scenario. My Scenario & Strategy My primary scenario is bullish as long as BTCUSDT holds above the 86,000 support zone. The recent pullback appears corrective within the broader recovery structure. I expect price to continue higher toward the range high and resistance zone around 90,300. Therefore, a clean breakout and acceptance above this resistance would confirm bullish continuation and open the path for further upside expansion. However, a sustained breakdown below the support zone would invalidate the bullish setup and increase the risk of a deeper move lower. For now, structure and price behavior favor buyers while support remains intact. That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
Long
by Ratner
16
GOLD - The market may update its ATH after a correction...FX:XAUUSD bounces off 4475 and updates its local maximum in the distribution phase to 4519.4. Against the backdrop of low liquidity associated with the end of the calendar year, movements may be sharp and unpredictable... The fundamental background remains unchanged, supporting gold: a weak dollar, tense geopolitical situation, mixed data from the US. However, the main problem at the moment is low liquidity due to the holidays. The Asian market bought up the supply and drove up the price. After such a strong movement, the market may enter a consolidation or correction phase, during which it may test 4508-4500 before rising. Resistance levels: 4519, 4526, 4550 Support levels: 4508, 4500 A low-liquidity market is easier to manage (in terms of manipulation). Accordingly, use strong setups and short targets for trading, as movements can be sharp and unpredictable. I expect the bull market to continue after the correction. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
10
XAUUSD Maintains Support – Buyers Eye $4,560Hello traders! Here’s my technical outlook on XAUUSD (Gold, 2H) based on the current chart structure. Gold continues to trade within a well-defined ascending channel, confirming a sustained bullish market structure. After a prolonged consolidation phase (range) on the left side of the chart, price successfully broke above resistance, signaling a shift in control from sellers to buyers. This breakout marked the beginning of the current impulsive bullish leg. Following the breakout, price accelerated higher and is now approaching the Seller / Resistance Zone around 4,500–4,510, where selling pressure has started to appear. The recent pullback is bringing price back toward the Buyer Zone near 4,430, which aligns with the previous breakout level and the midline/support of the ascending channel. This confluence makes the area a key demand zone to watch. Structurally, the pullback remains corrective, with price still holding above channel support and the broader bullish trend intact. My scenario: as long as Gold holds above the 4,430 Buyer Zone, the bullish structure remains valid. A strong reaction from this area could trigger another push toward the 4,560 (TP1) and potentially higher if a clean breakout occurs. A decisive breakdown below the buyer zone would signal a deeper correction. For now, buyers remain in control while price respects the ascending channel. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDLong
by LegionQ8
30
GOLD - Hunting for liquidity ahead of growth. Focus on 4475FX:XAUUSD reached a new historic high of around $4,525. However, profit-taking is causing a correction, with the 4,475-4,470 range being the area of interest in the bull market. The dollar is weakening, with the market anticipating two rate cuts in 2026. Geopolitical risks are supporting demand for safe-haven assets. Positive US GDP data for Q3 (+4.3%) did not support the dollar due to expectations of a slowdown in growth in Q4. The dollar index has hit its lowest level since early October. Today, US jobless claims data will be released, which may increase volatility. The overall positive sentiment in the stock markets is holding back more active growth in gold. The upward trend in gold continues. Any significant correction is likely to be seen as a buying opportunity, given the Fed's accommodative monetary policy and geopolitical uncertainty. Resistance levels: 4500, 4525 Support levels: 4475, 4470, 4466, 4452 Focus on the current trading range of 4475-4525. A false breakdown of support could attract buyers waiting for favorable prices. I do not rule out a retest of 4452-4442 before growth (against the backdrop of aggressive profit-taking). Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
42
XAUUSD Long: Demand Zone Holds, $4,540 in SightHello traders! Here’s a clear technical breakdown of XAUUSD based on the current chart structure. Gold previously completed a corrective phase after breaking above a descending resistance line, which marked a shift in market control from sellers to buyers. Following this breakout, price entered a consolidation Range, where the market absorbed supply and built a base before the next impulsive move higher. After leaving the range, XAUUSD accelerated into a strong bullish leg and formed an ascending channel, confirming sustained buying pressure. The breakout above the channel base was decisive, and price continued to print higher highs and higher lows. Recently, gold reached the Supply Zone around 4,500, where selling pressure appeared and caused a short-term rejection. This reaction pushed price back toward the Demand Zone near 4,430, which aligns with the channel support and previous breakout structure. Currently, price is pulling back in a controlled manner within the bullish channel. The rejection from supply looks corrective rather than impulsive, suggesting profit-taking instead of trend reversal. Buyers are expected to defend the demand area as long as the channel structure remains intact. My scenario: as long as XAUUSD holds above the 4,430 Demand Zone, the bullish structure stays valid. A strong reaction from this area could lead to another push toward the 4,500 Supply Zone, with a potential continuation toward 4,540 if a clean breakout occurs. A decisive breakdown below demand would invalidate the bullish setup and signal a deeper correction. For now, the bias remains bullish while price respects the ascending channel. Manage your risk!
FOREXCOM:XAUUSDLong
by heniitrading
22
EURUSD: Bullish Structure Holds Inside Upward ChannelHello everyone, here is my breakdown of the current EURUSD setup. Market Analysis EURUSD has confirmed a bullish structure after breaking out of the previous Downward Channel. This breakout shifted market control to buyers and initiated a steady move higher. Price is now trading within a well-defined Upward Channel, forming higher highs and higher lows, which supports the bullish trend. Recently, EURUSD pulled back from the Resistance Zone near 1.1800 and found support around the 1.1750–1.1760 area. This zone aligns with the channel support and previous breakout structure, showing strong buyer interest. Current consolidation above support suggests continuation rather than reversal. My Scenario & Strategy My primary scenario remains bullish as long as EURUSD holds above the Support Zone around 1.1750. The recent pullback looks corrective within the broader uptrend. I expect price to resume its upward move and push toward the upper boundary of the Upward Channel, 1.1840 - 1.1850 as the next key target. A clean breakout and acceptance above 1.1800 would confirm trend continuation and open the door for further upside expansion. However, a sustained breakdown below 1.1750 would weaken the bullish setup and could lead to a deeper correction. For now, the structure favors buyers, with support holding and momentum aligned with the prevailing uptrend. That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
Long
by Ratner
15
Fib Levels Decide the Next Move?On Friday, after price reached 4352, the market experienced a retracement to the 50% Fibonacci level. Price is currently trading around 4299.38, holding above key structural support. Looking ahead to next week, a confirmed break and close above the 78.6% Fibonacci level would significantly increase the probability of trend continuation, with price likely advancing toward the upside targets marked on the chart. Conversely, if price breaks below 78.6% with strong momentum, a deeper corrective move becomes likely. In that scenario, price could extend toward the 161.8% Fibonacci extension, with the 200% extension acting as a further downside target. As always, traders should wait for confirmation through price action and volume before committing to positions. Happy Trading SpicyPips
OANDA:XAUUSD
by Cabeero
BTCUSDT Long: Demand at 88K Could Fuel a Move to $92,700Hello traders! Here’s a clear technical breakdown of BTCUSDT based on the current chart structure. Bitcoin recently completed a prolonged move lower within a well-defined descending channel, confirming strong bearish pressure during that phase. This bearish structure remained intact until price reached a key pivot low, where selling momentum clearly weakened. After the initial impulsive move higher, BTC tested the 92,700 Supply Zone, where temporary rejection occurred. This reaction resulted in several pullbacks toward the 88,000 Demand Zone, which aligns with previous resistance turned support and the lower boundary of the ascending channel. Each pullback into this demand area was met with buying interest, indicating absorption rather than distribution. Currently, price is stabilizing above the 88,000 Demand Zone, and the pullbacks remain corrective in nature. Multiple minor breakouts along the channel support further confirm that buyers continue to defend structure. The market is consolidating while maintaining bullish alignment. My scenario: as long as BTCUSDT holds above the 88,000 Demand Zone, the bullish structure remains intact. A strong reaction from this area could lead to another attempt toward the 92,700 Supply / Resistance Zone. A confirmed breakout and acceptance above 92,700 would open the door for further upside continuation within the ascending channel. Only a decisive breakdown below demand would invalidate the bullish scenario. For now, the bias remains bullish, with buyers in control while price respects the ascending channel. Manage your risk!
Long
by heniitrading
25
XAUUSD: Rejection from 4,420 Resistance - Pullback Toward 4,350Hello everyone, here is my breakdown of the current XAUUSD setup. Market Analysis XAUUSD continues to trade within a broader bullish structure, but the current price action signals a short-term corrective phase. After forming a strong upward impulse, gold established a well-defined upward channel, confirming buyer control. Price then broke above the previous consolidation range, which marked a continuation of bullish momentum. Currently, XAUUSD pushed higher and reached the Resistance Zone around 4,410–4,420, a level that has historically acted as a strong supply area. At this zone, price showed clear rejection, with sellers stepping in aggressively and limiting further upside. This reaction suggests that supply is currently outweighing demand at these highs. As a result, price is now pulling back from resistance and moving toward the Support Zone around 4,350, which aligns with the previous breakout area and the lower boundary of the upward channel. This zone represents a key demand area where buyers have previously defended the trend. The recent breakout above this level followed by a retest further strengthens its importance. My Scenario & Strategy My scenario remains short-term bearish as long as XAUUSD stays below the 4,410–4,420 Resistance Zone and continues to show rejection from this area. I expect price to retrace toward the 4,350 Support Zone, where the next reaction will be crucial for determining continuation or deeper correction. Therefore, A clean breakdown below the 4,350 Support Zone would confirm a deeper corrective move within the structure and could open the path toward lower demand levels along the channel support. However, if price reaches support and shows a strong bullish reaction, the broader bullish structure remains intact, and buyers may attempt another push toward the resistance highs. For now, the focus is on the corrective pullback, with 4,350 acting as the key level to watch. That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
FOREXCOM:XAUUSDShort
by Ratner
23
SUIUSDT - Readiness for bearish distributionBINANCE:SUIUSDT is updating local lows after breaking through consolidation support. The market structure is weak (bearish), and the decline may continue... Bitcoin is consolidating in a symmetrical triangle. It is within a downtrend. A breakout of support will trigger a bearish rally. If the flagship of the crypto market begins to fall, altcoins may fall even lower. For SUI, within the D1 timeframe, there is potential for a fall to 1.3148 - 1.1163. SUIUSDT has a weak market structure: a downtrend, declining highs, updating local lows, breaking through consolidation support. If the bears keep the price below 1.4154, the altcoin's decline may continue towards the liquidity zone at 1.326 Resistance levels: 1.4154, 1.457, 1.4977 Support levels: 1.326 Bulls are not yet ready to make an effort to change the trend. The market is under selling pressure. Keeping the price below 1.4154 after breaking through the level could trigger further sell-offs towards a double bottom... Best regards, R. Linda!
Short
by RLinda
2
GOLD → Long squeeze support could strengthen the price to 4500FX:XAUUSD continues its aggressive rally. The price has reached a new high of 4497.5, leaving a small gap of $2.5 to 4500 (insurance against profit-taking???). A retest of support could renew interest in buying... Statements by US Treasury Secretary Bentsen about a possible transition to inflation targeting (instead of a fixed target of 2%) undermine confidence in the Fed's long-term policy. • The escalation of US sanctions against Venezuela (detention of tankers) and continued tensions in Ukraine and the Middle East are boosting demand for defensive assets. Today, US GDP data for the third quarter and durable goods orders are expected. Speeches by Fed members may cause increased volatility amid low liquidity (end of the year). The upward trend in gold continues, but in order to continue growing, the market may switch to liquidity hunting mode and form retests of support levels... Resistance levels: 4497.5, 4500, 4510 Support levels: 4470, 4460, 4450 The 4470 zone is a liquidity pool; a retest or long squeeze could resume the rally. However, I do not rule out that, against the backdrop of the news, gold may test 4460 - 4450 before continuing to grow. In the current situation, all attention is focused on the range of 4470 - 4500. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
39
USDCAD - Price breakdown from consolidation. Distribution...FX:USDCAD breaks through consolidation support amid a global downtrend and weak DXY The dollar index breaks through the local support area and enters a short zone, which may intensify the sell-off. The currency pair is consolidating below the previously broken level of 1.3737... Technically and fundamentally, the dollar is weak, and against this backdrop, the Canadian dollar may strengthen. This could be reflected in a subsequent decline in the currency pair if bears keep the price below 1.3737 Resistance levels: 1.3737, 1.3756 Support levels: 1.370, 1.365, 1.360 If bears keep the price below the triangle support, namely below the 1.3745 - 1.3737 zone, then in the short and medium term, the currency pair may fall to the specified target. Best regards, R. Linda!
Short
by RLinda
3