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Parallel Channel

USDJPY - Triangle (consolidation before news) FX:USDJPY formed a false breakout of the symmetrical triangle consolidation support. An ideal maneuver ahead of the news and expectations of a positive outcome for the JPY. “The Bank of Japan may raise interest rates for the first time in 11 months at its meeting on December 19.” Against this backdrop, the currency pair may test the 156.00 area before a possible decline if the Bank of Japan takes this step. The Japanese national currency may strengthen, putting pressure on the dollar, which has been rising since yesterday's US session... Technically, the zone of interest for a decline is 156.0. A false breakout is possible before a decline to support. Resistance levels: 156.10 Support levels: 155.0, 154. 5 The strengthening of the yen may put pressure on the dollar. But again, it is worth paying attention to the context regarding the policy of the Japanese regulator. Further movement depends on the news. Best regards, R. Linda!
Short
by RLinda
ATOM/USDT short-term🔍 Market Structure Clear downtrend – price is moving within a descending channel (lower highs and lows). Each bounce is sold at the upper band of the channel. No signal of a change in structure yet (no HH + HL). 📉 Current Price Status Price is at the lower end of the channel. Consolidation after a downward impulse → typical bearish continuation or short technical rebound. Current Zone: ~2.02–2.05 USDT – local support + demand reactions. 🟢 Key Levels Support 2.049 – local support (current reaction) 1.999 – strong psychological support 1.951 1.878 – lower demand zone (important!) Resistance 2.099 2.125 2.201 – key resistance / S→R flip. Upper channel line (~2.20–2.23) 📊 Stochastic RSI Oscillator often in oversold territory. Currently recovering from the low → possible short rebound. BUT: in a downtrend. The Stoch RSI is not a long-term signal. ➡️ More likely a pullback, not a trend change. 🧠 Scenarios 🔴 Baseline scenario (most likely) Bounce to: 2.09 → 2.12 Rejection + further decline: 1.99 then 1.95 / 1.88 ➡️ Short at resistance levels in line with the trend. 🟢 Alternative scenario (less likely) Breakout of 2.20 + close of the 1H candle above the channel Retest from above Then targets: 2.28 2.35–2.40 ➡️ Only then can we talk about a change in structure.
by cryptodailyuk
1
Bitcoin Technical AnalysisBitcoin is trading inside a long-term ascending channel, but recently got rejected from the upper boundary and is now approaching the lower channel support. Price is currently below the 50-day SMA, indicating short-term momentum weakness, while the broader structure remains intact. The 85,000–88,000 zone is a critical support area. Bullish Scenario (Bounce / Recovery) If price holds the channel support and rebounds: Targets • Target 1: 95,000 • Target 2: 110,000 • Target 3: 120,000+ Stop Loss • Daily close below 84,000 Rationale: Holding channel support + reclaiming the 50 SMA could trigger a continuation of the bullish trend. Bearish Scenario (Breakdown) If Bitcoin breaks below the ascending channel support: Targets • Target 1: 78,000 • Target 2: 70,000 • Target 3: 60,000 Stop Loss • Reclaim above 90,000 Rationale: A confirmed breakdown would signal a deeper corrective phase within the broader cycle. Technical Summary • Above 90K → Bullish continuation • Below 84K → Deeper correction likely • Current area = Major decision zone Brief Fundamental Outlook – Bitcoin • Bullish drivers: • Institutional inflows via ETFs • Supply shock after halving • Growing global adoption • Risks: • Tight monetary policy • Risk-off sentiment in global markets Fundamental Takeaway: Bitcoin remains a long-term bullish asset, but deep pullbacks are structurally normal within its cycle.
CRYPTO:BTCUSDShort
by isahebdadi
GOLD - Retest of key support ahead of newsFX:XAUUSD is falling during the Asian session, retreating from $4,350 — its highest level since late October — amid optimism over a peace agreement between Russia and Ukraine and ahead of US employment data. Trump's statements about the approaching peace agreement are reducing demand for safe-haven assets. The probability of a Fed rate cut in January is about 77%, with two easing measures expected in 2026. Expectations of a dovish Fed chair appointment continue to put pressure on the dollar. • Today, October NFP data will be released, which may confirm the weakening of the labor market • On Thursday, US inflation data will be released The current decline looks like a correction and profit-taking. The uptrend remains intact unless employment data exceeds expectations. Any further decline could be seen as a buying opportunity Resistance levels: 4292, 4317 Support levels: 4265, 4255 If the news is positive, which will only reinforce expectations of an aggressive rate cut, gold's growth after retesting key support may continue. Otherwise, the correction may continue. However, the 4265-4255 area plays an important role and needs to be monitored. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
12
BITCOIN - The downward trend may continue. Focus on 88KBINANCE:BTCUSDT.P failed to realize its bullish potential associated with positive news. Is crypto winter getting closer and closer? Fundamentally, despite the rate cut and a relatively positive overall backdrop, the market continues to fall. Bears held the 95k resistance and the 90k zone. Bitcoin is breaking the consolidation support and entering a distribution phase. The decline has been temporarily halted by support at 85,500, and the market may correct to 87,000-88,000 (the break-even zone) before continuing its decline within the current trend. The target the market may strive for is 84K-80K. Resistance levels: 87,000, 88,000, 90,000 Support levels: 85,560, 83,800, 80,000 If the market continues to lack support or no bullish driver emerges, the price may fall even lower. I expect a retest of the zone of interest (the support area of the trading range) and a further decline to key levels... Best regards, R. Linda!
Short
by RLinda
8
Devyani International Testing Key Channel SupportDevyani International – weekly Timeframe • Stock is trading near the falling channel support zone at 110–120. • A 36–37% correction from the highs has already been completed near this support area. • Support Zone (Key): 115–120 Major support zone : 100-105 • If this support sustains, a reversal towards 140 is possible (LOP resistance). RSI is also taking support, which has been valid since 2023. • Historically, whenever RSI has tested this support zone, the stock has shown a clear reversal. • The current RSI behavior supports the possibility of a trend reversal from present levels. • A decisive move above 140 may lead to higher prices towards the upper boundary of the channel. Thank You .
NSE:DEVYANILong
by FiveCircles
GOLD → Consolidation before reaching ATH FX:XAUUSD has been rising for the fifth consecutive day amid a weakening dollar and expectations of a dovish Fed policy. The market is testing intermediate resistance before reaching ATH. The Fed cut rates by 25 basis points, but the market expects two cuts in 2026, not one, as stated in the regulator's forecasts. The possible appointment of a new “dovish” Fed chair is putting pressure on the dollar. The increase in US unemployment claims (to 236K) confirms fears of a slowdown in the labor market. Tomorrow, US employment (NFP) and retail sales data will be released, followed by inflation (CPI) data on Thursday. Friday: Bank of Japan decision. The results could significantly adjust expectations for interest rates. The upward trend in gold continues, but its stability will be tested by macro data. Weak employment and inflation figures will support growth, while strong data could trigger a correction. Resistance levels: 4353, 4380, 4400 Support levels: 4329, 4305 The market may consolidate before breaking through the nearest resistance. Locally - 4333, 4329, 4318. The bullish trend may continue afterwards. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
19
BTCUSD Holds Buyer Zone - Push Toward 96,700 LikelyHello traders! Here’s my technical outlook on BTC/USD based on the current market structure. After a prolonged decline, Bitcoin reversed from the Support Level and broke out of the downward channel, shifting momentum in favor of buyers. The price then moved into a consolidation Range, where accumulation formed before a confirmed Breakout pushed BTC higher. Since then, Bitcoin has been respecting the rising Triangle Support Line, forming higher highs and higher lows. Buyers consistently defend this structure, keeping the bullish trend intact despite local corrections. Currently, BTC is holding above the 90,500–88,800 Buyer Zone, which serves as the key demand area maintaining bullish pressure. As long as the price stays above this zone, the upward scenario remains valid. The market is now heading toward the major 96,700 Resistance Level, located inside the broader Seller Zone. A breakout above this level may open the door for further continuation, while rejection could trigger a pullback toward the Triangle Support Line. For now, the structure favors buyers, with 96,700 as the main upside target. Please share this idea with your friends and click Boost 🚀
THINKMARKETS:BTCUSDLong
by LegionQ8
40
GBPUSD - Consolidation above uptrend support FX:GBPUSD is consolidating above the support of the uptrend. Growth is facilitated by the decline in interest rates in the US. The dollar has broken the trend and is falling under pressure from falling interest rates. GBPUSD is in an uptrend and testing key support. A long squeeze could trigger growth The trend is upward, after updating the maximum to 1.3438, a correction is forming, within which MM is testing the break-even and interest zone of 1.3355. If the bulls hold their defense above key support, this action will support the growth of the trend. Resistance levels: 1.3438 Support levels: 1.3355 Focus on the mirror support zone of 1.3355, which plays a fairly important role in the current uptrend. Consolidation above this zone and local confirmation of the end of the correction could trigger further growth. Best regards, R. Linda!
Long
by RLinda
7
Bitcoin falling trendline soon will break and Bulls will lead Bitcoin is currently trading within an ascending channel, encountering resistance near both the channel's upper boundary and a significant historical descending trendline. While this confluence of resistance has prompted a short-term pullback, the overall structure suggests a potential breakout attempt in the near term. A decisive move above the falling trendline would signal a shift in market structure, likely invalidating the bearish momentum and transitioning the market into either a consolidation range or a renewed bullish phase . Following a confirmed breakout, the technical setup would support the potential for further upward movement, with progress expected to become more sustained once this key resistance zone is cleared. So get Ready also other paths mentioned on the chart too what may happen in your view comment below !! DISCLAIMER: ((trade based on your own decision)) <<press like👍 if you enjoy💚
Long
by MMBTtrader
23
ETH is targeting 3500$ or 2500$?Wait for breakout here on blue zone or if it hold gain is cooking. As observed on the chart, Ethereum is testing a critical multi-confluence support zone (marked in blue). The significance of this level is derived from three key technical factors: Fibonacci Support : It aligns with the 0.5 to 0.618 retracement zone on the 4-hour chart, a common area for trend reversals. Channel Support : This zone coincides with the lower boundary of the prevailing price channel. Psychological Support : It reinforces the major round-number support at $3,000. Scenarios: Bullish: A sustained hold and bullish reaction from this confluence support could catalyze an upward move toward $3,500 and higher. Bearish : A decisive breakdown below this zone (as indicated by the bearish projection on your chart) would invalidate the support structure and target a decline toward the $2,450 area. This zone represents a clear inflection point where the market's next medium-term direction is likely to be determined. DISCLAIMER: ((trade based on your own decision)) <<press like👍 if you enjoy💚
Long
by MMBTtrader
1
BCHUSDT Bulls Beware? Price Just Triggered a Classic TrapYello Paradisers! have you noticed how BCHUSDT just tapped into a key resistance right after sweeping liquidity above previous highs? This could be the perfect bull trap, and what comes next might catch many traders off guard if they’re not prepared. 💎BCHUSDT has just taken inducement and is now reacting from a strong resistance zone. Price is currently moving within an ascending channel while also showing clear bearish divergence, a combination that increases the probability of a bearish move. This setup suggests that momentum is weakening despite higher price action, often a red flag for trend continuation. 💎Aggressive traders may already be looking to enter short from current levels. However, the more strategic and safer approach is to wait for another reaction from the resistance zone, ideally accompanied by a clear bearish candlestick pattern. That will give us a much higher probability entry with a more defined invalidation level. If this confirmation comes, we can then look to target the liquidity pools and support zones lying below. 💎That said, if BCHUSDT manages to break and close above the resistance zone with strength, it would completely invalidate our bearish scenario. In that case, it’s best to stay on the sidelines and wait for fresh price action to develop before taking any new trades. Chasing trades without structure is where most traders lose. 🎖Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. Stay patient, disciplined, and focused only on high-probability setups, this is the only way you’ll make it long-term in this market. MyCryptoParadise iFeel the success🌴
Short
by MyCryptoParadise
6
GOLD - Distribution phase. Target - ATH (4380), 4400...FX:XAUUSD is rallying after breaking through consolidation resistance. The fundamental background is positive, with the train heading for an all-time high. Expectations of a soft Fed policy remain, with the market pricing in two rate cuts in 2026. India's pension fund regulator has allowed investments in gold and silver ETFs. An increase in US unemployment claims (+44,000) has heightened fears of a slowdown in the labor market. A reversal in the Bank of Japan's policy (rate hike) and a pause by the ECB are boosting the appeal of gold. Any correction is likely to be short-term and will be met with support from buyers. The baseline scenario remains bullish amid soft monetary policy and a weakening dollar. Technically, it is dangerous to sell in the current market; it is worth looking for buying opportunities after corrections or pullbacks... Resistance levels: 4325, 4335, 4380 Support levels: 4300, 4285, 4265 The rally phase is quite aggressive due to the long period of consolidation that the market has been in. All possible factors are supporting growth. In such a market, one can only buy on pullbacks. I expect a pullback from the indicated zone, within which growth to ATH can be considered. Sincerely, R. Linda!
FX:XAUUSDLong
by RLinda
20
BITCOIN → Downward trend pressure. 86K - 84K?BINANCE:BTCUSDT.P sold off all the gains associated with Tuesday and Wednesday's news. Technically, a false breakout of resistance is forming against the backdrop of a downtrend. There is no fundamental support. Bitcoin failed to consolidate above 91800 - 94200, a false breakout was formed, and the price returned to the range. There is an imbalance zone on the chart, which the price may test before falling (weak technical and fundamental background). The trend is downward in the medium term. A countertrend correction is forming, within which the market is facing pressure in the 94K - 95K zone. Zone of interest is 91850. I expect a retest, liquidity capture, and another phase of selling down to 88K - 86K. Resistance levels: 91850, 92500 Support levels: 89550, 87980, 86260 The price is in the trading range of 84K - 94K. Resistance has been tested, and a double top reversal pattern has formed. Currently, a distribution phase is forming relative to the specified pattern and consolidation at 91850 - 94200. A retest of the nearest resistance could trigger a rebound and cause the price to fall further to the next zone of interest. Best regards, R. Linda!
Short
by RLinda
12
Ascending Channel | Golden Zone Retracement SetupAfter analyzing the chart on the 2-hour timeframe, price action has been moving within a well-defined ascending channel since Tuesday, 25 November 2025. The upper boundary of the channel has been consistently respected, confirming the strength and validity of this bullish structure. Following a rejection from the upper boundary, price is currently trading around 1.17403. At this stage, the market appears to be developing a bearish corrective structure, resembling either an upper flag formation or a falling broadening wedge, which is still in progress and not yet completed. Based on this structure and overall market behavior, we anticipate a potential retracement toward the Fibonacci Golden Zone, which aligns with our projected price target. This area may act as a key decision zone for the next directional move, especially if supported by price action confirmation and volume reaction. Traders should monitor price behavior closely around the channel boundaries and Fibonacci levels for high-probability setups. Happy Trading SpicyPips
Long
by Cabeero
NETSOL – Bullish Reversal Setup! 1:3 Risk/Reward Play Awaits VolNetSol Technologies (NETSOL) is forming a bullish reversal pattern on 4H — and the reward potential is huge! Entry zone: 133.67 - 135.67 TP1: 140.35 TP2: 146.93 TP3: 154.09 (+17% upside) Risk/Reward = 1:3 — exceptional for swing trade Key Condition: Wait for high volume on breakout or retest — no chase without confirmation! Disclaimer: This idea is intended for educational and research purposes, based on technical patterns. It is not investment advice. Always conduct your own analysis (DYOR) and manage your risk carefully before entering any trade.
PSX:NETSOLLong
by MindTrade_2026
1
Technical Analysis of GOOG (1H Timeframe)The price is currently oscillating inside a short-term descending channel. Multiple touches on both the upper and lower boundaries increase the pattern’s reliability. The SMA50 is positioned slightly above the price and is acting as resistance for now. This structure suggests that the market is trapped between two scenarios and is likely to experience a breakout or breakdown soon. Bullish Scenario If the price breaks above the channel resistance (around 319–320) and closes a confirming candle above it: Targets • Target 1 → 323 • Target 2 → 327–328 (full channel breakout) • Target 3 → 332 Stop-Loss • A close below 313 Bullish Reasons • EMA/SMA are beginning to flatten and may shift back upward • Price action at the channel bottom signals active demand • A bullish reversal pattern often forms after a short-term descending channel Bearish Scenario If the price breaks below the channel support at 310: Targets • Target 1 → 304–305 • Target 2 → 298–300 • Target 3 → 292 Stop-Loss • A close back above 316–317 Bearish Reasons • The MA50 is currently acting as resistance • The descending channel has strong validity • Multiple rejections at the channel top Quick Summary • GOOG is compressed inside a short-term descending channel. • Break above 320 → continuation of the bullish move. • Break below 310 → deeper correction likely. • For now, the market is in a neutral to slightly bearish stance.
NASDAQ:GOOGLong
by isahebdadi
BTCUSDT: Buyers Regain Control — $96,000 in FocusHello everyone, here is my breakdown of the current BTCUSDT setup. Market Analysis Bitcoin is transitioning from a broader bearish phase into a developing bullish structure. After a prolonged decline inside a well-defined downward channel, BTC formed a base near the $89,600 support zone, where strong buyer interest appeared. Multiple breakouts and fake breakouts around this level confirmed accumulation and growing bullish pressure. Following this reversal, price broke out of the bearish channel and entered a new ascending channel, forming higher highs and higher lows. Currently, BTCUSDT is consolidating inside this upward structure and trading below the key $96,000 resistance, which remains the major obstacle for buyers. Several false breakouts near this resistance indicate that sellers are still active in this area. However, as long as price holds above the $89,600 support, the bullish structure remains valid and buyers stay in control. My Scenario & Strategy My scenario is bullish as long as BTCUSDT stays above the $89,600 support zone and continues to respect the ascending channel structure. I expect the price to gradually build momentum and attempt a retest of the $96,000 resistance. A clean and confident breakout above this level would confirm further upside continuation and open the way for higher targets. However, if the price fails to break $96,000 and shows strong rejection, a short-term pullback toward the lower channel support may occur. For now, the market favors buyers, with $96,000 as the key upside objective. That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
Long
by Ratner
14
Accenture plc ACN Multi Timeframe Channel AnalysisAccenture plc (ACN) Multi Timeframe Channel Analysis 1. Long-Term Structure This analysis is built on three major structural channels: 24-year channel 5-year channel 3-year extended channel Price is currently positioned at a rare triple confluence zone, touching: The bottom of the 24-year channel The bottom of the 5-year channel The extended lower boundary of the 3-year channel This alignment significantly strengthens the probability of a medium-term bullish reversal. 2. Reversal Signals At the channel confluence, price completed a clean Ending Diagonal pattern and reacted strongly, showing: Powerful bullish divergences on momentum indicators A decisive breakout from the diagonal structure These signals collectively confirm a strong demand zone and a potential macro reversal. 3. Wave Count and Bullish Scenario Following the breakout, price has started to build a five-wave impulsive structure. After breaking its key level, ACN is now positioned in wave 3 of 3, which is typically the strongest part of the move. Minimum upside target: 310 This level aligns with structural resistance and wave projections. 4. Final Notes This is my personal analysis I’d be glad to hear your views. For more detailed breakdowns and live swing trades on stocks, feel free to follow me on TradingView.
NYSE:ACNLong
by AG-Precision-Trading
XAUUSD Range Resistance Holds — Pullback Toward $4,170 in FocusHello, traders! Here’s my technical outlook on GOLD (XAUUSD) based on the current market structure visible on the chart. After a strong rebound from the previous lower demand area, price moved into a steady ascending structure, respecting the rising Support Line and forming higher highs and higher lows. This bullish impulse later transitioned into a corrective consolidation, where Gold entered a well-defined range below the major 4,260 resistance level. The repeated rejection from this resistance confirms strong selling pressure at the top of the range, while buyers continue to defend the 4,170 support level, keeping price compressed between these key boundaries.Currently, XAUUSD is trading inside this consolidation box, while also respecting the descending short-term resistance line from the recent swing highs. The market previously broke out from the bullish channel and is now showing signs of weakness beneath the upper boundary of the range, suggesting that upside momentum is fading. As long as price remains capped below 4,260, the risk of a deeper corrective move remains elevated.My primary scenario is bearish as long as Gold stays below the 4,260 resistance and continues to respect the descending resistance line. I expect price to gradually move lower toward the TP1 target at 4,170, which is the first key support inside the structure. If selling pressure accelerates and this level fails to hold, the next downside objective stands at TP2 around 4,120, where stronger demand could emerge. A clear breakdown below TP1 would confirm bearish continuation. However, if price reclaims 4,260 with strong momentum, this bearish setup would be invalidated and the bullish trend could resume. For now, the structure favors a corrective pullback toward 4,170–4,120. Please share this idea with your friends and click Boost 🚀
THINKMARKETS:XAUUSDShort
by LegionQ8
50