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Parallel Channel

ETHFIUSDT → Correction to support consolidation. Rally?BINANCE:ETHFIUSDT is correcting after updating its local maximum to 1.9382. The breakout of the 1.6775 zone is an attempt to start distribution after a long consolidation. Will the bulls hold this zone? Bitcoin is correcting after a false breakout of resistance. Against this backdrop, the entire cryptocurrency market is declining. However, the trend is bullish and the fundamental background is positive. The end of the correction may resume growth in the market. ETHFI on the daily timeframe is trying to move into a distribution phase after 5-6 months of consolidation. The trend is upward, and after breaking through resistance, a correction to the liquidity zone of 1.6775 is forming. A false breakdown, a change in market imbalance, and consolidation above 1.6780 could increase buyer interest, which in turn could lead to growth. Resistance levels: 1.8980, 1.9382 Support levels: 1.6775, 1.5343 The chart shows two key levels - 1.6775 and 1.5343. If the bulls hold their ground above the nearest level of 1.6775, this could lead to a rebound and growth, which in turn would confirm the continuation of the distribution phase. Otherwise, the market may test the POC zone at 1.5343, and liquidity capture may in turn trigger growth. Best regards, R. Linda!
Long
by RLinda
14
GOLD → The correction will trigger growth to $4,000.FX:XAUUSD hit a new record high of nearly $3,977 and entered a correction phase to build up potential before further growth. Despite the local strengthening of the dollar, the upward trend continues thanks to a combination of macroeconomic and geopolitical factors. Key supporting factors: Ongoing US government shutdown: The Democrats' fifth unsuccessful attempt to resolve the issue increases uncertainty. Markets expect two interest rate cuts before the end of the year. China has been increasing its reserves for the 11th consecutive month, and global central banks bought +15 tons in August. No bearish triggers: Any correction is seen as a buying opportunity. Gold maintains its upward momentum. Breaking through $4,000 seems a matter of time if current drivers remain in place. Key risks are an unexpected resolution to the shutdown or hawkish signals from the Fed. Resistance levels: 3977, 4000 Support levels: 3945, 3927, 3920 Technically, a false breakdown of support could lead to continued growth. A retest of 3945 is possible; a weak reaction could trigger a deeper correction, for example to 3927, before further growth. Sincerely, R. Linda!
FX:XAUUSDLong
by RLinda
20
NZDJPY – Retesting Upper Channel: Looking for Shorts!NZDJPY remains inside a falling channel on the 4H. Price just spiked back into the upper trendline / supply (87.40–87.80), where sellers have reacted before. As long as this red zone holds, I’ll look for lower-high + break-of-structure sell setups toward 86.30, then the 85.40–85.00 channel low. A clean 4H close above ~88.00 would invalidate the idea and open room for 88.70–89.00. ⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly. 📚 Stick to your trading plan regarding entries, risk, and management. Good luck! 🍀 All Strategies Are Good; If Managed Properly! ~Richard Nasr
Short
by TheSignalyst
5
Ascending channels trading applied to Gold current situation🔼 Ascending Channel – Explained Simply An ascending channel is a bullish pattern — but not always a bullish ending. It shows a market climbing step by step between two parallel rising lines: the lower trendline (support) and the upper trendline (resistance). 🧠 Market Psychology Buyers dominate, but sellers still show up at every swing high. Each dip gets bought, keeping the trend alive — until one side finally breaks the rhythm. ⚙️ How to Trade It • Inside the channel: Buy near the lower rail, take profit near the upper rail. • Breakout play: Go long on a confirmed close above resistance, or short on a clean break below support. • Stops: Just outside the opposite rail — below support for longs, above resistance for shorts. • Targets: Use the channel height projected from the breakout point. ⚠️ What to Watch Out For • False breakouts happen often. • Too-steep channels usually fail faster. • Volume must confirm — low volume = fake strength. • Statistically, breakdowns occur slightly more often than breakouts. ________________________________________ Key takeaway: An ascending channel isn’t a promise of a bull run —it’s a structured climb that eventually ends. Trade the rhythm, not the hope. 🎯 Statistically, in 57% of cases, up channels are broken to the downside Gold now situation: the recent 1k pips is way-way-way to steep Confirmation came with a drop under 3950 zone Usually, in the case of such a steep channel, all the move is negated, so a drop to the 3850 zone. However 3900 zone is strong support now, so a break under 3950 zone could lead to "only" a drop to this support.
OANDA:XAUUSDEducation
by Mihai_Iacob
16
Ethereum Wave Analysis – 6 October 2025- Ethereum broke daily down channel - Likely to rise to resistance levels 4755.00 and 5000.00 Ethereum cryptocurrency recently broke the resistance trendline of the daily down channel from the end of August (which encloses the previous intermediate ABC correction (2)). The breakout of this down channel accelerated the active intermediate impulse wave (3) – which started earlier from the round support level 4000.00. Given the clear daily uptrend, Ethereum cryptocurrency can be expected to rise to the next resistance level 4755.00 (top of the earlier wave B) – the breakout of which will open the way for further gains toward 5000.00.
FXPRO:ETHUSDLong
by FxPro
EURUSD Long: Bounce Expected from 1.1660 DemandHello, traders! The prior market structure for EURUSD was defined by a descending channel, from which the price eventually broke out and entered a new consolidation range. The price action within this range has seen a rotation from the 1.1780 supply level down to the 1.1660 demand level, where buyer initiative has re-emerged. Currently, the auction is trading near this 1.1660 demand level after a reversal from the lows. The market is showing signs of building support in this zone, suggesting that the corrective move from the range highs may be complete. My scenario for the development of events is that after a final small correction, the price will continue its growth within the consolidation. I believe a successful defense of the demand zone will trigger a new rotation to the upside. The take-profit is therefore set at 1.1750, targeting the upper portion of the range. Manage your risk!
Long
by heniitrading
4
EURUSD: Price Bounce Down from Triangle ResistanceHello everyone, here is my breakdown of the current Euro setup. Market Analysis From a broader perspective, the key event that has defined the current market structure was a 'fake breakout' above the 1.1785 Resistance. After briefly trading above this level, the price was aggressively sold off, signaling strong seller presence and shifting the market into a corrective phase. Currently, this corrective phase has taken the form of a large symmetrical triangle. My Scenario & Strategy The current rally to the triangle's resistance is, in my view, a corrective move that is likely to fail as it runs into an area of seller interest. I'm looking for the price to complete its move and test the Triangle Resistance Line. The key signal would be a clear rejection from this line, confirming that sellers are still in control and that the consolidation is likely to resolve to the downside. Therefore, the strategy is to watch for this rejection. A confirmed failure would validate the short scenario, potentially leading to a breakdown from the triangle. The primary target for this move is the 1.1695 Support. That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
Short
by Ratner
5
USDJPY | Policy Shock Gap & Channel Breakout RiskMacro Hook: USDJPY gapped higher after Japan’s election outcome signaled fiscal easing and a more dovish BOJ tone under Takaichi’s leadership. The move widened the yield gap versus the U.S., reigniting yen weakness — but intervention risk lingers near the 152–155 zone. Technical Lens: Price has surged from channel support and is now testing the upper boundary. A clean breakout above 151.00 would confirm acceleration; failure here could see mean reversion back toward mid-channel support. Scenarios: If channel breaks → momentum could extend toward 153–154 resistance zone. If rejected → potential pullback toward 147.50–148.00 support area. Catalysts: BOJ communication, U.S. CPI data, and any verbal intervention from Japan’s MoF. Takeaway: The gap reflects policy shock, but sustained upside requires a confirmed channel breakout.
by Alchemy Markets
GOLD → Rally to the psychological target of $4,000FX:XAUUSD hit a new all-time high of $3,950 (+1.7% for the day at the time of writing), continuing its move toward the psychological $4,000 mark. The growth continues despite the strengthening of the dollar and the rally in the stock markets. Key drivers: The ongoing US shutdown (now in its seventh day): The lack of progress in negotiations and the risk of mass layoffs of civil servants are increasing demand for safe havens. The probability of a rate cut in October is 100%, and in December, 94%. Weak labor market: Trump's statements blaming Democrats for job losses are fueling pessimism. Fundamentally, gold remains on an upward trend thanks to the perfect combination of US fiscal risks and soft monetary policy. A breakout to $4,000 seems only a matter of time if the shutdown is not resolved. Resistance levels: 3,950, 3975, 4000 Support levels: 3920, 3900, 3880 Technically, before reaching the 4000 mark, MM may form a liquidation, especially against the backdrop of the FOMC meeting on Wednesday and the Fed on Thursday. Key areas of interest before growth: 3920 and 3900, behind these areas lies a pool of liquidity that will not prevent the accumulation of energy before the next bull run. Sincerely, R. Linda!
FX:XAUUSDLong
by RLinda
18
USDJPY → Gap and retest of resistance on a neutral trendThe Japanese yen opens with a gap in the Asia-Pacific session and forms a distribution, within which it tests the resistance zone of 149.93 - 150.79. The dollar is rebounding again, provoking a corresponding reaction in the markets. However, based on fundamental data, the decline may continue after the pullback. Gap in USDJPY, distribution and entry into the resistance zone at high speed, there may not be enough potential for continued growth. There is no trend, the price is in a sideways market. A false breakout of 149.93 may trigger a correction towards the lower boundary of the gap. Resistance levels: 149.93, 150.79 Support levels: 148.76, 148.09 If the currency pair is unable to continue growing, then a false breakout of resistance can be considered. A return of the price to the range on D1 may trigger a decline to support. Best regards, R. Linda!
Short
by RLinda
9
GOLD (XAU/USD): Waiting for BreakoutUpdate for ⚠️Gold: It has been observed that the market is currently trading within a significant ascending parallel channel on a 4-hour chart. Upon analyzing the hourly timeframe, a cup and handle formation has been identified, with a neckline situated between 3858 and 3864. It is anticipated that a trend-following movement may commence shortly. To validate this, it is advisable to await for a bullish breakout of the designated blue area. Confirmation would require an hourly candle to close above that level. Subsequently, the market is expected to rise to at least 3900. For the time being, it is recommended to exercise patience and await the breakout before proceeding.
CAPITALCOM:GOLD
by linofx1
8
AUDJPY — Buy the Retest?AUDJPY remains overall bullish inside a rising channel. Price is hovering above a 96.0–96.5 support zone, which previously acted as resistance and now aligns with the channel’s lower boundary, a solid confluence area. 🔑 Key levels Support: 96.0–96.5 (zone to watch for bullish rejection) Resistance: 98.5 then 100.0 (round number / channel upper band) 📊 Scenarios Bullish 📈 If price retests 96.0–96.5 and prints confirmation (higher low / bullish candle), I’ll look for longs toward 98.5 → 100.0. Bearish 📉 A daily close below 96.0 would invalidate the setup and open room toward the next liquidity pocket near the channel low. What’s your plan here => wait for the retest into 96s, or trade the continuation if momentum kicks in first? 🤔 ⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly. 📚 Stick to your trading plan regarding entries, risk, and management. Good luck! 🍀 All Strategies Are Good; If Managed Properly! ~Richard Nasr
Long
by TheSignalyst
3
USDJPY - Range Floor + Trend Support = ConfluenceUSDJPY remains overall bullish within a rising channel, while price has been ranging between a lower demand band and the upper supply. We’re now dipping into the 146.0–146.7 support area, which aligns with the channel’s lower boundary — a classic confluence zone to hunt for longs. 🔑 Key levels Support: 146.0–146.7 (range floor + channel support) Resistance: 149.8–151.0 (range top / supply) 📊 Scenarios Bullish 📈 Look for a higher-low / bullish candle from 146s → path toward 149.8–151.0. Bearish 📉 Daily close below 146.0 would invalidate the setup and open a deeper pullback before buyers try again. Do you buy the retest into the 146s, or wait for momentum to kick in first? 🤔 ⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly. 📚 Stick to your trading plan regarding entries, risk, and management. Good luck! 🍀 All Strategies Are Good; If Managed Properly! ~Richard Nasr
Long
by TheSignalyst
1
How To Adjust To 100 Day Moving AverageIn this video i show you how to adjust your moving average. Am a little exhausted from taking a walk yesterday which i needed to decompress from stress of starting an online business but despite that i thought i share this idea with you. Yes your moving average can be static even though if that's the case. Then you are trading trends. We dive into : OANDA:EURAUD KUCOIN:BTCUSDT NYSE:IBM NASDAQ:AAPL OANDA:EURGBP Am going to show you how similar the price patterns are. Also we dive into how the ADX shows you if its a middle market or uptrend market.. Watch this video to learn more. Disclaimer:Trading is risky.Please use a simulation trading account before you trade with real money. Also learn risk management and profit taking strategies.
Long
by lubosi
EURUSD Short: Continuation Within the Downward WedgeHello, traders! The prior market structure for EURUSD was a bullish ascending channel, which failed and led to a breakdown. This reversal has established the current bearish market phase, which has taken the form of a downward wedge. This pattern has been guiding the price auction lower through a series of lower highs and lower lows, confirming that seller initiative is dominant. Currently, the price action is consolidating within this wedge. Following a minor bounce, the market is showing signs of weakness and appears ready to continue the established downtrend, respecting the wedge's boundaries. My scenario for the development of events is a direct continuation of the decline within this wedge. I expect the price to complete another leg down from the current levels. The take-profit is therefore set directly at the 1.1615 level, targeting the demand zone which aligns with the lower support line of the pattern. Manage your risk!
Short
by heniitrading
17
BTCUSD Long: Path to 123000 After BreakoutHello, traders! The prior market structure for BTCUSD saw a significant reversal after the price broke out of a descending channel. This shifted control to buyers and led to a prolonged consolidation phase, with the price auction building a range between the demand zone 2 near 109700 and the supply zone around the 117000 level. Currently, this long period of balance has been resolved with a decisive breakout. A strong bullish initiative from the demand zone 2 has propelled BTCUSD above the 117000 supply level and out of the consolidation range. The market is now in a clear bullish expansion phase after breaking this key structural point. My scenario for the development of events is a classic breakout and retest. I expect the price to make a corrective pullback to test the former resistance at the 117000 - 118000 supply zone as new support. In my opinion, a successful bounce from this zone would confirm the breakout's validity and trigger the next impulsive wave higher. The take-profit is therefore set at 123000. Manage your risk.
BINANCE:BTCUSDLong
by heniitrading
8
Gold can Start a Corrective Move After a Strong RallyHello traders, I want share with you my opinion about Gold. The broader market context for Gold has been decidedly bullish since the price reversed and broke out from a prior descending channel. This structural shift established a new uptrend, which has since been neatly contained within a well-defined ascending channel, guiding the price action of XAU higher through a series of higher highs and higher lows. After breaking two key levels, the price has completed another full rotation and is now at a critical inflection point. Currently, the asset is trading very close to the resistance line of this ascending channel. My strategy is based on the expectation that the price will reach this line and then be rejected, initiating a corrective decline. I think that after such a strong run, a pull-back is a probable scenario. A confirmed reversal from this upper boundary would validate the short idea. Therefore, I have placed my TP at 3715 points. As noted, this is an intermediate target not located at a major support zone, designed to capture the initial phase of the anticipated downward correction. Please share this idea with your friends and click Boost 🚀 Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
THINKMARKETS:XAUUSDShort
by LegionQ8
18
Euro will potentially Fall to 1.1680 After a Fake RallyHello traders, I want share with you my opinion about Euro. The market dynamic for the Euro has shifted from bullish to corrective after the price broke down from a prior upward channel. This structural change has led to the formation of a large downward pennant, a consolidation pattern that has been guiding the price of EURUSD lower. The market is currently trading near the resistance line of this pennant, with volatility compressing as it approaches the apex, signaling that a significant move is imminent. In my mind, an immediate breakout from this pennant could be a deceptive move designed to trap buyers. I expect that the price may initially break out to the upside and rally towards the major 1.1800-1.1780 seller zone. I think this rally will fail upon testing this significant area of historical resistance, creating a 'bull trap'. A confirmed and strong rejection from this seller zone would validate the overarching bearish scenario and likely trigger a sharp reversal to the downside. Therefore, I have placed my TP at the 1.1680 level, representing a logical objective for the decline that would follow such a failed breakout. Please share this idea with your friends and click Boost 🚀 Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Short
by LegionQ8
11