Descending Channel make Descending Channel price go down
when Descending Channel make mostly price go down
rsi d yes
lower low make 1 point
rsi d yes 1 point
Descending Channel 1 point
2 bear point
ShortParallel Channel
Short
SPX โ Bounce or Break?The latest sell-off comes as higher yields and softening growth expectations weigh on risk. SPX is now testing the lower bound of the August channel and the anchored VWAP โ a crucial confluence.
A reaction here sets the tone. A bounce could keep the structure intact, while a clean break opens the door to a broader correction and more cash waiting on the sidelines.
Whatโs your read?
AUDNZD Rally Losing Steam โ Watch This Reversal Zone!As weโve seen, AUDNZD ( OANDA:AUDNZD ) recently began an upward move after forming a Falling Wedge Pattern , and itโs been in an Ascending Channel for about the past 16 days.
Currently, AUDNZD is moving into a Heavy Resistance zone(1.1662 NZD-1.1340 NZD) and a Potential Reversal Zone(PRZ) .
From an Elliott Wave perspective, it seems like AUDNZD is completing the microwave 5 of the main wave 3 . Once it breaks below the lower line of the ascending channel, we can somewhat confirm the end of the main wave 3.
Additionally, we can see a Negative Regular Divergence(RD-) forming between two consecutive peaks.
I expect that in the coming hours, AUDNZD might decline at least to the Support zone(1.1480 NZD-1.1444 NZD) . If it breaks that Support zone, we could see it dropping toward around 1.1353 NZD(Second Target) .
Stop Loss(SL): 1.16403 NZD
Please respect each other's ideas and express them politely if you agree or disagree.
Australian Dollar/New Zealand Dollar Analyze (AUDNZD), 4-hour time frame.
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.
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Short
BTCUSD Long: Rebound From Demand Line Targets $104K ResistanceHello traders! Bitcoin (BTCUSD) continues to trade within a well-defined structure, showing a gradual transition from a bearish phase toward potential accumulation. After an extended decline inside the Descending Channel, the market found strong support around the $100,600โ$101,000 Demand Zone, where a fake breakout occurred โ signaling liquidity grabs and renewed buyer interest. This zone has acted as a major reaction area multiple times, marking it as a key demand region. Following the rebound from this level, BTCUSD formed a Pivot Point near $101,200, initiating a mild bullish recovery along the Demand Line, which now serves as dynamic support. However, price remains capped below the $104,000 Supply Zone, an area that aligns with both the upper boundary of the current Range and the previous Fibonacci Arc retracement, where sellers previously re-entered the market.
Currently, Bitcoin is consolidating between $101,200 support and $104,000 resistance, reflecting indecision before a potential breakout. If buyers manage to defend the Demand Line and reclaim $103,000, a move toward $104,000 and possibly higher could follow, completing the short-term recovery phase. Conversely, a confirmed breakdown below $101,000 would invalidate the bullish scenario, likely driving price back toward the $100,000โ$99,600 zone for another liquidity test.
I expect the current structure suggests Bitcoin is in a neutral-to-bullish phase, with attention focused on how price reacts around the Demand Line and Range boundaries. A strong rebound from current levels could trigger the next leg toward $104,000 resistance. Manage your risk!
Long
GOLD โ Correction and retest 4150 FX:XAUUSD still retains its bullish structure. The price is entering a correction phase within the trading range. The key support level that may attract the attention of MM is 4150.
The probability of a decline in December fell to 51% (from 63% the day before) after hawkish statements by Fed officials. Government bond yields are rising. These factors are putting pressure on gold.
However, a weak dollar, a flight to safe assets amid global market sell-offs, and uncertainty surrounding US data (September reports may be published, but October data is likely to be lost) are providing support for the bullish trend.
Gold retains its growth potential due to macro risks. A short-term correction is possible due to profit-taking ahead of the weekend, but the $4150 level remains key support.
Resistance levels: 4211, 4239
Support levels: 4161, 4150, 4100
Within the current trading range, the focus is on support at 4161 - 4148. A false breakdown and bulls holding prices above key levels could trigger a rebound and growth to local resistance levels...
Best regards, R. Linda!
Long
EURUSD โ Correction for consolidation before growth FX:EURUSD is in a โliquidity huntโ phase, testing an intermediate support level, and may continue to rise if the dollar's decline intensifies...
On the daily timeframe, the price is within a wide trading range, but at the same time, it is breaking through the resistance of the local downtrend, which allows us to observe bullish sentiment in the market. The trend is changing, and there are local confirmations of the presence of bulls in the market...
Without reaching the resistance level of the range, the price is consolidating and correcting, testing the key support level of 1.1618. If the bulls hold this area, the price will continue to rise to 1.1667 - 1.1728.
Support levels: 1.1618, 1.1577
Resistance levels: 1.1667, 1.1728
A false breakdown and price consolidation above 1.1618 could lead to a continuation of the bullish momentum and the achievement of the first key target of 1.1667.
Best regards, R. Linda!
Long
XAUUSD Retests Resistance โ Pullback Toward $4,060 SupportHello traders! Letโs take a look at XAUUSD (Gold). After a prolonged bullish movement within a well-defined ascending channel, price reached a significant Resistance Level near $4,200, where sellers stepped in to regain control. This resistance coincides with the upper boundary of a descending resistance line, confirming its importance as a reaction area. Following this rejection, Gold experienced a sharp correction, forming a Range structure near the top before breaking below it โ marking a shift in short-term sentiment. The breakout from this range confirmed the beginning of a downward phase, where price continued to move inside a new descending pattern. Currently, XAUUSD is testing the resistance line once again after a breakout retest from below. This area aligns with a former pivot zone where several reversals occurred in the past. The overall structure suggests that buyers are losing momentum, while sellers are preparing to defend this key zone. As long as price remains below the $4,160โ$4,200 resistance, a corrective pullback toward the $4,060 Support Level (TP1) looks likely. This area also aligns with the ascending support line, which may act as the next major decision point. A clean break below $4,060 could extend the decline toward the $3,950โ$3,970 zone, while a confirmed breakout above $4,200 would invalidate the short scenario and potentially trigger another bullish continuation phase. Please share this idea with your friends and click Boost ๐
Short
Dogecoin (DOGE/USD) Technical Analysis โ Monthly ChartStructure:
Long-term ascending channel since 2021.
Currently trading near the 50-month SMA (~$0.14) โ a key support level that has held multiple times.
Bullish Scenario
If DOGE holds above $0.14โ$0.16 and confirms a monthly close above $0.18,
momentum could push it higher within the channel.
Targets:
โข Target 1: $0.30
โข Target 2: $0.38
โข Target 3 (major resistance): $0.50
Stop Loss: Below $0.13 (monthly close)
Bearish Scenario
If DOGE breaks and closes below $0.14, the long-term uptrend channel weakens.
A deeper correction could follow.
Downside Targets:
โข Target 1: $0.10 (channel bottom)
โข Target 2: $0.06 (major psychological support)
Stop Loss for shorts: Above $0.19 (monthly close)
Long
HUT is approaching a make-or-break zone on the chartHut 8 NASDAQ:HUT is approaching a make-or-break zone on the chart.
A clear double top has formed at the upper channel, and price has now fallen back to retest the neckline. This level needs to hold if the larger trend is going to stay intact.
A failure here could trigger a move toward the lower channel support near 26.35, where the broader structure would get its next real test.
If buyers step in and defend this neckline, momentum can shift back in their favor. If not, the chart may need a deeper reset before any real recovery begins.
Short
$TSLA double top neckline breakoutNASDAQ:TSLA double top neckline gave way, could be sending price toward the ๐บ๐ฎ๐ท๐ผ๐ฟ ๐๐๐ฝ๐ฝ๐ผ๐ฟ๐ ๐๐ผ๐ป๐ฒ ๐๐ถ๐๐๐ถ๐ป๐ด ๐ถ๐ป ๐๐ต๐ฒ ๐ฏ๐ฑ๐ฌโ๐ฏ๐ณ๐ฌ ๐ฟ๐ฎ๐ป๐ด๐ฒ. That area has been a key battleground, and itโs where bulls will need to dig in if they want to stop the slide.
Until that support is tested, this chart is telling a story of weakness after a failed attempt to push higher.
If the support zone holds, the reversal could be powerful. If it doesnโt, the next chapter could get rough.
Short
$TSLA could be pulling back right into ๐๐๐ฝ๐ฝ๐ผ๐ฟ๐ NASDAQ:TSLA could be pulling back right into a major ๐๐๐ฝ๐ฝ๐ผ๐ฟ๐ ๐๐ผ๐ป๐ฒ ๐ผ๐ป ๐๐ต๐ฒ ๐๐ฒ๐ฒ๐ธ๐น๐ ๐ฐ๐ต๐ฎ๐ฟ๐ ๐ฎ๐ฟ๐ผ๐๐ป๐ฑ $๐ฏ๐ด๐ฌ.
This is the kind of retest that often decides the next chapter. Hold this level, and the structure stays intact with room to rebuild momentum. ๐๐ผ๐๐ฒ ๐ถ๐, ๐ฎ๐ป๐ฑ ๐๐ต๐ฒ ๐ฑ๐ผ๐ผ๐ฟ ๐ผ๐ฝ๐ฒ๐ป๐ ๐๐ผ๐๐ฎ๐ฟ๐ฑ ๐๐ต๐ฒ ๐น๐ผ๐๐ฒ๐ฟ ๐๐๐ฝ๐ฝ๐ผ๐ฟ๐ ๐ป๐ฒ๐ฎ๐ฟ ๐ฏ๐ญ๐ฑ.
UNI SWAPHello friends
As you know and the news has spread, UNI has grown well, which indicates the arrival of buyers.
Now that the price is correcting, we have two scenarios:
The first scenario is that the price breaks the specified channel from here and moves to the specified targets.
The second scenario is that the price corrects further, which is also better because you can buy at lower prices.
Please note that our suggestion is to buy a ladder with capital and risk management and be careful to observe capital management and not act emotionally.
*Trade safely with us*
Long
NEAR OR FARHello friends
NEAR After the price compression in the channel, you will see that the channel has been broken and pumped with great force and the price has returned to the specified level.
Now, we need to see how the buyers react in the specified support levels. That is why we have set the support levels and if the price is supported by these levels, it can move to the targets we have set.
Be sure to observe risk and capital management and buy in stages.
*Trade safely with us*
Long
APT;Is it possible to climb the stairs?Hello friends
Considering the rise we had and the subsequent price compression that occurred, there is now an important resistance in the way of the price, and buyers can take the price to the higher targets that have been identified by breaking this resistance.
In case of further correction, we have also identified two other support areas.
Don't forget risk and capital management.
*Trade safely with us*
Long
๐ค๐๐ฎ๐ป๐๐๐บ ๐๐ผ๐บ๐ฝ๐๐๐ถ๐ป๐ด ๐๐ป๐ฐ. Breakdown of channel๐ค๐๐ฎ๐ป๐๐๐บ ๐๐ผ๐บ๐ฝ๐๐๐ถ๐ป๐ด ๐๐ป๐ฐ. NASDAQ:QUBT is at a pivotal moment on the daily chart.
After months of steady movement inside a clean ascending channel, price has now broken down from the structure and is sliding toward major support levels. ๐ง๐ต๐ฒ ๐ณ๐ถ๐ฟ๐๐ ๐ธ๐ฒ๐ ๐๐ผ๐ป๐ฒ ๐๐ถ๐๐ ๐ฎ๐ฟ๐ผ๐๐ป๐ฑ ๐ต.๐ญ๐ฑ.
If that area gives way, the next ๐ฑ๐ฒ๐ฒ๐ฝ๐ฒ๐ฟ ๐๐๐ฝ๐ฝ๐ผ๐ฟ๐ ๐ฐ๐ผ๐บ๐ฒ๐ ๐ถ๐ป ๐ป๐ฒ๐ฎ๐ฟ ๐ฒ.๐ฌ๐ฐ.
Short
IREN is breaking down of the channel.After months of climbing inside a clean ascending channel, price has now broken down from that structure and is pulling back toward the ๐ฏ๐ฟ๐ฒ๐ฎ๐ธ๐ผ๐๐ ๐๐ผ๐ป๐ฒ ๐ฎ๐ฟ๐ผ๐๐ป๐ฑ $๐ฑ๐ฑ.๐ณ๐ฌ.
If the decline continues, the ๐ป๐ฒ๐
๐ ๐บ๐ฎ๐ท๐ผ๐ฟ ๐๐๐ฝ๐ฝ๐ผ๐ฟ๐ ๐๐ถ๐๐ ๐ป๐ฒ๐ฎ๐ฟ $๐ฐ๐ต, a level that could act as the reset point before momentum attempts to rebuild.
Short
AMD Breakout on the dailyAdvanced Micro Devices NASDAQ:AMD Price just broke out of a clean falling channel. This breakout didnโt happen in isolation, it happened inside a well-defined ascending channel that has carried the entire trend since early summer.
The next major test is the upper channel resistance near 280. That level is where momentum, structure, and trend all meet.
Long
Opendoor Technologies breakout of descending channelOpendoor Technologies NASDAQ:OPEN is putting together one of the cleanest daily setups on the chart right now.
Price just broke out of a falling channel and reclaimed the mid-range trendline inside a larger ascending channel that has been guiding this entire move since summer.
The next major level sits near the upper channel resistance around 13.47. A push into that zone would confirm the breakout and keep momentum firmly on track.
If buyers keep control, this could shape up to be something truly Ledgerdary.
Long
AXS NYSE:AXS 4H chart showing a falling channel structure, price just bounced perfectly from the 4h FVG support zone.
A potential bullish breakout could target the $1.58 area, aligning with the upper channel and 4h resistance zone.
Looks like smart money accumulation in progress.
#AXSUSDT #Crypto #YodaXCalls
Long
IRCTC Hi ,
Price traded at near support area so possiblity that it will be moves upper side of the resistance area, let's see what happens.....
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered
Long
EURUSD: Descending Channel Breakout Targets 1.1630 ResistanceHello everyone, here is my breakdown of the current Euro setup.
Market Analysis
EURUSD is showing early signs of a potential bullish reversal after a prolonged downtrend within a descending channel. The pair found strong buying interest near the 1.15300โ1.15400 Support Zone, an area that previously acted as a key pivot level where price frequently rebounded. This zone aligns with the ascending Support Line, forming a solid confluence for a possible trend reversal setup. After several tests of the lower boundary, EURUSD successfully broke above the descending channel, indicating a potential shift in market sentiment from bearish to bullish. Price is now consolidating above the broken resistance line, showing accumulation and confirming buyer strength. The pair is approaching the 1.16100โ1.16300 Resistance Area, which has acted as a major supply zone and a decision point for further upside continuation.
Currently, as long as the price holds above 1.15300 support, the bullish outlook remains valid. A successful breakout and sustained move above 1.16300 could confirm a structural reversal, opening the door for further growth toward 1.17000 in the medium term. Conversely, a bearish rejection from resistance may trigger a short-term pullback toward the Support Line before another attempt higher.
My Scenario & Strategy
From my perspective, as long as EURUSD trades above 1.15300, I remain bullish-biased. My near-term target (TP1) is set around the 1.16100โ1.16300 zone, with a potential extension toward 1.17000 if momentum continues. I will be looking for pullback-based long entries near support or retests of the breakout level.
However, if EURUSD breaks back below 1.15300, this would invalidate the bullish scenario and suggest a continuation of the broader downtrend. For now, structure and price action support a bullish correction setup toward resistance.
That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
Long
GOLD โ Consolidation before the next rally?FX:XAUUSD is trying to consolidate above the psychological threshold of 4200-4225 amid uncertainty surrounding the publication of US data after the end of the shutdown. Despite the resumption of government work, key reports for October may be lost...
Key factors: The House of Representatives has approved funding, ending the shutdown. However, data for October (including NFP and CPI) may not be published. We need to wait for confirmation... However, the restoration of statistics (possibly next week) will clarify the Fed's trajectory.
Fed support: 80% of economists surveyed by Reuters expect a 25 bp rate cut in December.
Gold retains its growth potential. The $4200 level is a key barrier, with the price entering a new trading range of 4200-4400. A breakout of the local trigger is possible if data is weak or the Fed confirms a rate cut in December...
Support levels: 4200, 4161, 4148
Resistance levels: 4239, 4274, 4317
Focus on local consolidation and the 4239 trigger. A breakout and close above this level could trigger further growth. Otherwise, the market may test 4220-4200 before resuming its rally. Overall, the market structure and sentiment are bullish.
Best regards, R. Linda!
Long
BTCUSD Bulls Aim Higher: Buyers Eye Breakout Toward $107,500Hello traders! Letโs take a look at the current BTCUSD structure. After an extended corrective phase within a descending movement, the market found solid support near the $100,000โ$100,200 Buyer Zone, which aligns with both the horizontal Support Level and the lower boundary of the broader structure. This zone has repeatedly triggered strong buying reactions in the past, confirming it as a key demand area. Recently, Bitcoin began forming a bullish correction channel, where price has been developing higher highs and higher lows, suggesting early signs of trend recovery. Within this structure, buyers successfully defended the Buyer Zone, followed by a steady rise toward the $107,000โ$107,500 Resistance Level โ a zone that previously acted as a Seller Zone during prior rejections. At the moment, BTCUSD is consolidating inside this ascending channel, trading slightly below resistance. The market may attempt another push toward TP1 at $107,500, which aligns with the upper resistance line and marks a potential short-term target. If price manages a confirmed breakout above this level, we could see further continuation toward the next resistance around $111,000. However, if the price faces rejection at the current resistance, a temporary pullback toward the Support Line or Buyer Zone ($100,200โ$101,000) could occur before the next wave of growth. The structure remains bullish as long as Bitcoin stays above the ascending Support Line. Please share this idea with your friends and click Boost ๐
Long