Get started

Parallel Channel

BigBear.ai Holdings is bouncing from bottom of channelBigBear.ai Holdings NYSE:BBAI is bouncing from the lower boundary of its ascending channel, price is now 𝗮𝗽𝗽𝗿𝗼𝗮𝗰𝗵𝗶𝗻𝗴 𝗺𝗶𝗱-𝗰𝗵𝗮𝗻𝗻𝗲𝗹 𝗿𝗲𝘀𝗶𝘀𝘁𝗮𝗻𝗰𝗲 𝗮𝗿𝗼𝘂𝗻𝗱 $𝟴.𝟲𝟱, a critical zone that previously rejected momentum. If bulls can push through that resistance, the next move could target the upper trendline of the channel, potentially igniting the next leg higher.
NYSE:BBAILong
by ledgerdary
BTCUSD Long: Breakout From Descending Channel Targets $108KHello traders! Bitcoin is showing a potential continuation of bullish momentum after breaking out of the descending channel, where sellers had previously maintained control over the market structure. During the prolonged downtrend, the price consistently made lower highs and lower lows, until forming a strong Pivot Point near the $100,500–$101,000 Demand Zone — an area that has historically triggered solid bullish reactions. Currently, after a fake breakout below this demand zone, the price quickly recovered, signaling liquidity sweeps and seller exhaustion. Since then, BTCUSD has rebounded strongly, confirming a structural shift from bearish to bullish control. The pair has now broken above the channel resistance, establishing a short-term bullish bias supported by steady higher lows. At the moment, Bitcoin is approaching the $107,500–$108,000 Supply Zone, which coincides with previous market consolidation and marks a potential reaction area where sellers might temporarily slow down the move. A clean breakout and close above $108,000 would open the door for a further rally toward the $111,000 Supply 2 Zone, reinforcing the medium-term bullish structure. I expect the $104,500–$105,000 area to act as immediate support and a key retest level, allowing buyers to maintain momentum and target $108,000. Holding above this zone maintains the bullish scenario, while a confirmed break below it could trigger a pullback to the previous demand level before a new rally develops. Manage your risk!
BINANCE:BTCUSDLong
by heniitrading
4
Shopify is holding its ground within a strong ascending channelShopify Inc. NASDAQ:SHOP is holding its ground within a strong ascending channel on the daily timeframe. After facing resistance near $250, price pulled back to retest the lower boundary of the channel around $223, a level that could now act as key support. As long as it stays above this trendline, the structure remains bullish with potential to retest $250 in the near term. If momentum picks back up, Shopify could be gearing up for another powerful run toward the upper channel.
NEO:SHOPLong
by ledgerdary
Eli Lilly Testing $1000 — Breakout or Fakeout?After consolidating for over a year inside a descending channel, LLY has rallied back to the top resistance zone around $1000. Bullish Case: • Breakout above $1000 = start of new uptrend. • Targets: $1100 → $1200. Bearish Case: • Rejection at $1000 could pull price back to $850–$800, or even $700 (channel bottom). Conclusion: LLY is at a make-or-break point — a confirmed breakout could send it to new all-time highs, while rejection would trigger a correction back into the channel.
NYSE:LLYLong
by isahebdadi
1
EURUSD Retests Buyer Zone — Bullish Momentum Aiming for 1.1600Hello traders! I’d like to share my view on EURUSD. After an extended bearish trend inside a descending channel, the pair finally found strong buying interest around the 1.15300–1.15400 Buyer Zone, where price reacted multiple times in the past. This area aligns with both the horizontal Support Level and the ascending Support Line, which together form a solid base for potential bullish continuation. Recently, EURUSD broke above the descending resistance line, confirming a possible short-term trend reversal. The price is now retesting the breakout area, showing signs of accumulation above support. As long as price remains above 1.15300, the bullish structure stays valid. The immediate upside target (TP1) is seen around the 1.16000–1.16100 zone, which coincides with the previous consolidation and minor resistance area. A breakout and confirmed close above this zone could open the way toward the 1.16600 Resistance Level. However, a clear bearish rejection pattern near 1.16000–1.16100 might lead to another corrective pullback back into the Buyer Zone before further continuation. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
28
GOLD → The bullish trend continues its movement FX:XAUUSD is testing the $4,150 level, hitting a three-month high amid expectations of a resumption of US government operations and weak economic data. The weekly gain exceeded 3%. Expectations of Fed easing - 64% probability of a rate cut in December, Consumer Sentiment Index (50.3) - lowest in 3.5 years. Layoffs rose 183.1% in October. The end of the shutdown will allow the release of missed data (NFP, CPI), which may confirm the need for a rate cut. All of this provides support for the metal. Today, it is worth paying attention to ADP employment data (4-week average) — an assessment of the labor market. Fundamentally, gold remains bullish thanks to a combination of monetary expectations and macro risks. Resistance levels: 4150, 4160 Support levels: 4125, 4085 The trend is bullish and quite aggressive, with the market not allowing for deep pullbacks. Ahead lies resistance at 4150-4160, a fairly dense pool of liquidity that is likely to halt the current movement and trigger a small correction before continuing to rise to 4200-4250. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
29
USDCHF → Manipulation? False breakout of resistance FX:USDCHF attempted to take advantage of the trend reversal opportunity after breaking out of a descending wedge, but the weak dollar hindered the rally... The currency pair is facing resistance at 0.8076. There is no continuation of the momentum towards a breakout, and bearish pressure, which is intensifying as the dollar index declines, is negatively affecting the currency pair. The price has returned to the trading range, with an emphasis on 0.8057 - 0.8076. If the bears keep the price below this zone, this move could trigger further sell-offs. Resistance levels: 0.8057, 0.8076 Support levels: 0.7957, 0.7925 The false breakout confirms that sellers currently have the upper hand and buyers lack the strength to push the price higher. Accordingly, consolidation below the key level could trigger a further decline towards the zone of interest at 0.7975. Best regards, R. Linda!
Short
by RLinda
5
USDJPY → Consolidation above key support. Growth?FX:USDJPY breaks the structure of downward resistance on the daily timeframe. A retest is forming as part of the correction, and bulls have every chance of growth... The dollar is in an uptrend, which generally supports the currency pair. Against this backdrop, the Japanese yen continues to weaken. USDJPY is testing the previously broken resistance of the trading range as part of the correction. However, the price was not allowed to fall and quickly returned to the long zone. Accordingly, support at 153.0 - 153.2 plays a key role. Consolidation above this level could trigger further growth to 153.8 - 156.0. Support levels: 153.23, 152.83 Resistance levels: 154.83, 156.0 The bullish trend may support the current movement, and a breakout of the trend resistance on D1 is a fairly strong sign of interest in growth against the backdrop of a strong dollar. Best regards, R. Linda!
Long
by RLinda
7
STBL RR Demon Long - Channel breakoutAnother daily close above the channel can be seen as confirmation SL is below the previous daily low First target is at about 0.14$. This would be a good place to either TP1 or move SL to BE. If you choose to fully close at TP1, RR would be about 4:1 TP2 would be at VAH 0.325$ Reaching this price could happen quickly if we break through 0.15$ since the area between 0.15$ and VAH shows little volume on the FRVP Manage risk! This is a small-cap coin, which makes the success rate more uncertain
Long
by QThanhT
Big Catalysts Behind Bitcoin’s Pump – Can BTC Hit $110K?Bitcoin ( BINANCE:BTCUSDT ) started pumping yesterday as I expected in my previous idea . Let's take a look at the fundamental reasons for Bitcoin . Why the sudden BTC pump? Here are the 3 BIG catalysts hitting at once: 1-US Government Shutdown officially ending tomorrow (Nov 12) Senate finally reached a budget deal. Treasury General Account (TGA) will start draining → hundreds of billions in fresh liquidity flooding markets. Same thing that ignited the 2020-2021 bull run. 2-Trump’s “Tariff Dividend” President promised every American adult at least $2,000 from tariff revenue (potentially $400B+ total). Last time we got $1,200 stimulus checks, BTC went from $7K → $69K. Do the math. 3-Short squeeze + ETF flow reversal Despite last week’s $1.22B ETF outflows, today we’re seeing fresh bids stacking. Bears who shorted the dip are now fuel for the rocket. ------------------------------------------------------------------------------ Let's take a look at Bitcoin’s technical analysis on the 1-hour timeframe . Right now, Bitcoin is trading around a Resistance zone($107,600,980-$106,100) , and it looks like it might be forming a potential ascending channel , though the second top of that channel isn’t confirmed yet. My expectation is that after a brief pullback to the Support zone($104,840-$103,600) —where there’s also Cumulative Long Liquidation Leverage($105,311-$104,111) —Bitcoin could start rising again and attempt to break through the Resistance lines. If BTC manages to break above those Resistance lines, then the next target could be around $110,000 . Cumulative Long Liquidation Leverage: $99,865-$98,168 Cumulative Short Liquidation Leverage: $112,590-$111,459 New CME Gap: $104,565-$104,160 So what do you think? Can Bitcoin push up to $110,000, or will it turn back down again? Note: These days, the market can be pretty volatile and unpredictable, so always remember to manage your risk and stick to your risk management strategy. Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analysis (BTCUSDT), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
11
AUDCAD is in descending channel soon breakout and pumpAs observed on the AUDCAD chart, the price has executed a decisive breakout above its previous consolidation range, indicating a preliminary shift toward bullish momentum. Currently, the price is undergoing a corrective phase within a newly formed descending channel, which represents a potential bull flag pattern. We anticipate a subsequent breakout above this channel's resistance, which would validate the pattern and likely initiate a strong bullish impulse toward our primary technical targets. DISCLAIMER: ((trade based on your own decision)) <<press like👍 if you enjoy💚
Long
by MMBTtrader
EURUSD Long: Bullish Correction Toward 1.16100 ResistanceHello traders! EURUSD is showing signs of recovery after an extended period of bearish movement inside a descending channel, where sellers controlled the market structure. After several failed attempts to break above the upper boundary, the price has formed a Pivot Point near the Demand Zone around 1.15300, a level where buyers have previously shown strong reaction. Currently, a rising Demand Line now supports the bullish correction, helping price break out of the descending channel to the upside. The pair is currently moving toward the Supply Zone located at 1.15900–1.16100, which aligns with a key resistance level that previously triggered reversals.For now, the 1.15300 area remains the critical support for buyers. I expect, holding above this level may allow EURUSD to continue pushing toward the 1.16100 resistance. However, any bearish rejection pattern in the 1.15900–1.16100 zone would signal a potential pullback toward the Demand Line or a retest of 1.15300. On the other hand, a confirmed break and close above 1.16100 would indicate a possible shift toward a medium-term bullish structure. Manage your risk!
Long
by heniitrading
15
USDCAD - Bulls Preparing to Reload!📈USDCAD has been moving within a clear ascending channel, maintaining a well-defined bullish structure over the past months. After rejecting the upper bound, price is now pulling back toward a key confluence area, the intersection of the orange support zone and the lower trendline of the channel. 🏹This zone is crucial, as it has acted as a strong demand area in the past, where buyers consistently regained control. From here, I’ll be looking for long setups, aiming for a continuation toward the upper bound of the channel once more. ⚔️As long as the price holds above the orange zone, the overall bullish momentum remains intact. ⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly. 📊All Strategies Are Good; If Managed Properly! ~Richard Nasr
Long
by TheSignalyst
6
DOGEUSDT weekly support hold strong wait for more pumpAs observed on the chart, the major weekly support for DOGEUSDT at $0.15 has demonstrated significant resilience, establishing a robust foundation for the asset. The subsequent bullish momentum we anticipated has indeed commenced, indicating a potential shift in market structure. The critical technical level to monitor is the primary descending trendline resistance. A decisive and high-volume breakout above this resistance would serve as a strong confirmation of bullish strength, potentially invalidating the prior downtrend. Such a validated breakout could initiate a new bullish phase, with the potential to challenge previous cycle highs and establish new all-time highs on the chart. DISCLAIMER: ((trade based on your own decision)) <<press like👍 if you enjoy💚
Long
by MMBTtrader
12
Robinhood is bouncing from the bottom of the channelRobinhood Markets NASDAQ:HOOD is 𝗯𝗼𝘂𝗻𝗰𝗶𝗻𝗴 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗯𝗼𝘁𝘁𝗼𝗺 𝘀𝘂𝗽𝗽𝗼𝗿𝘁 𝗼𝗳 𝗶𝘁𝘀 𝗮𝘀𝗰𝗲𝗻𝗱𝗶𝗻𝗴 𝗰𝗵𝗮𝗻𝗻𝗲𝗹 on the daily timeframe. This zone has consistently acted as strong support since April, and bulls are showing signs of defending it once again. If momentum continues, 𝘁𝗵𝗲 𝗻𝗲𝘅𝘁 𝘁𝗮𝗿𝗴𝗲𝘁 𝗰𝗼𝘂𝗹𝗱 𝗯𝗲 𝘁𝗵𝗲 𝗺𝗶𝗱-𝗿𝗮𝗻𝗴𝗲 𝗻𝗲𝗮𝗿 $𝟭𝟱𝟯.
NASDAQ:HOODLong
by ledgerdary