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Rectangle

Rectangular Breakout GALGAL is forming a well-defined rectangle base in the 530–535 zone after a corrective phase. Bullish RSI divergence suggests seller exhaustion and a potential reversal. A breakout above the rectangle will be the first confirmation of strength; a sustained move above 562 should further accelerate upside momentum. Stop-loss: 520 on hourly close. 🎯 Target 1 (T1): 570 → R:R ≈ 1:3 🎯 Target 2 (T2): 630 → R:R ≈ 1:6 Structure favors continuation once the rectangle is decisively broken.
PSX:GALLong
by faizaneali345
A+ Setup Consolidation Breakout StrategyConsolidation Breakout Strategy (Summary) In this strategy, the first step is to identify a clear consolidation zone and mark it with a box to define the trading range visually. Once price is ranging, we wait patiently for a valid breakout or breakdown with a strong candle close outside the range. If you want additional confirmation before entering a trade, it’s important to recognize candlestick patterns. Understanding patterns such as Doji, Bullish/Bearish Engulfing, Hammer, Shooting Star, Morning Star, Evening Star, and others will significantly increase the accuracy of your execution. After the breakout, we do not enter immediately. Instead, we wait for a retest of the breakout level. The retest candle becomes our Point of Interest (POI) and serves as the execution entry, ensuring the trade aligns with both price action and candlestick confirmation. Stop-Loss Options Two stop-loss methods can be used: 1. Aggressive Stop Loss • Placed below the low of the retest candle (for buys) or above the high (for sells). • Provides better risk-to-reward, but has a higher chance of being stopped out, especially on lower timeframes. 2. Conservative Stop Loss • Placed on the opposite side of the consolidation zone. • Offers more protection against fake breakouts and is more suitable for consistent and prop-firm style trading. Take-Profit Methods Primary TP — Price Projection (Measured Move) • Measure the full height of the consolidation range. • Project the same distance from the breakout point in the direction of the move. • This projected level is used as the main target, as shown on the chart. This method is especially useful when price is trading in new territory or near all-time highs, where no clear resistance is present. Trailing Stop for Trend Continuation Since price does not move in a straight line and often forms new micro-ranges during trends, a trailing stop approach is used to capture extended moves: • After price creates a new consolidation, move the stop loss below the most recent range low (for buys) or above the range high (for sells). • Continue trailing the stop behind each new structure until stopped out. This is a trend-following management method designed to maximize reward-to-risk and allow winners to run. Alternative Trailing Methods Traders may also trail stops using indicators such as: • 21 SMA, or • SuperTrend In this case, the stop loss is trailed below (for buys) or above (for sells) the indicator as long as trend conditions remain valid. Future Use of the Range Zone The original consolidation zone is extended to the right because it often acts as a future support or resistance area. As shown on the chart, price later returned to the range, respected it as support, and continued higher — confirming the importance of these zones. Performance Expectation When all rules are followed correctly — proper consolidation, confirmed breakout, retest entry, and disciplined risk management — the realistic win rate for this setup is approximately 50% to 65%, with positive expectancy due to favorable risk-to-reward ratios. ⸻ This Consolidation Breakout Strategy is just one of my A+ setups. There are many more high-probability strategies I use and will be sharing soon. Cabeero
OANDA:XAUUSDEducation
by Cabeero
EURJPY Wave Analysis – 22 January 2026 - EURJPY broke resistance level 185.30 - Likely to rise to resistance level 188.00 EURJPY currency pair recently broke above the resistance level 185.30 (which is the upper border of the sideways price range inside which the price has been moving from December). The breakout of this resistance level 185.30 accelerated the active impulse waves 5 and (5). Given the strong daily uptrend, rising daily Momentum and the strongly bearish yen sentiment see across the FX markets today, EURJPY currency pair can be expected to rise to the next resistance level 188.00.
Long
by FxPro
6457 - 5 months RECTANGLE══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant; - the information that I think is important is very simple and can easily be understood just by looking at charts; For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart. Thank you all for your support 🔎🔎🔎 ALWAYS REMEMBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" ═════════════════════════════ ⚠ DISCLAIMER ⚠ The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
TSE:6457Long
by TheArtOfCharting
Gold is accelerating at same rate as prior cycles big picture Bullish Gold how far will gold move to? this shows it could go over 8k? Yes there are big round numbers out there But if it scales like last time maybe we get another chance to add soon Then wheres the top Elliot 5th wave top ? Have a look at the boxes to give you some perspective how far gold could travel and still be in the same remit similar to what it did in the past. Same works for Silver Long term 15k or even 25k looks like big real numbers but first its got to do 5k and 10k Chart needs cleaning up for exact numbers just was drawn fast to look at big picture to see how far the gold and silver miners could keep running for as they lag. How many gold and silver miners were in the top 100 companies or top 10 last time around? and look to see if a similar amount are there again. As a relative comparison I guess would be sensible Using fib exertion tool on the monthly often you see price reach one of the key fib numbers and then inflect and gold likes Fib numbers historically.
OANDA:XAUUSDLong
by William_Playfair
Tokyo Trap ResolutionOn the 15-minute timeframe during the Tokyo session, a defined BSB trap bar has been identified and is serving as the current bar of focus. Price action is now being monitored for a decisive close outside of this trap zone to establish direction. 15-Minute Chart Highlights • BSB trap bar clearly identified • Swing high defines bullish boundary • Swing low defines bearish boundary 15-Minute Trade Logic • A confirmed close above the trap swing high triggers a bullish entry targeting 10 basis points, while a confirmed close below the trap swing low triggers a bearish entry targeting 10 basis points; a close beyond the trap in the opposite direction of the active signal serves as the stop condition.
OANDA:XAUUSD
by MR_HYPOTHESIS
Ajanta Pharma | Box Breakout → Trend Initiation | SwingTechnical Long consolidation between ₹2,400–₹2,800 resolved upward. Clean breakout and acceptance above ₹2,800. Prior downtrend invalidated. RSI >60 confirms momentum regime shift. Volume expansion on breakout, no rejection so far. Levels Buy zone: ₹2,800–2,900 Invalidation: Daily close < ₹2,750 (hard fail < ₹2,700) Targets T1: ₹3,450–3,550 (prior V-top / supply) T2: ₹4,400–4,600 (measured move from base) Fundamental support (brief) H1 FY26 revenue +14%, US business +42% YoY. Normalized EBITDA ~27–28%, ROCE ~33%. Strong balance sheet, dividend + capex confidence. Growth-focused execution, not margin gimmicks. View This is a post-acceptance breakout, not a chase. As long as price holds above ₹2,800, path of least resistance is up. Disclaimer Not financial advice.
NSE:AJANTPHARMLong
by eggubonda
Selena | XAUUSD –Weekly Structure|Correction Before ContinuationFOREXCOM:XAUUSD PEPPERSTONE:XAUUSD Market Overview XAUUSD delivered a strong bullish expansion and is now consolidating near the upper range, signaling potential profit-taking before continuation. As long as price holds above the internal structure and demand support, bullish momentum remains valid. A deeper pullback into demand would offer healthier continuation rather than immediate breakout chasing. Key Scenarios ✅ Bullish Case 🚀 → Shallow pullback or structure hold above demand opens upside continuation toward liquidity resting above recent highs (4,620+). ❌ Bearish Case 📉 → Failure to hold the channel and clean acceptance below demand exposes a deeper correction toward lower range support. Current Levels to Watch Resistance 🔴: 4,600 – 4,620 Support 🟢: 4,480 – 4,450 (Strong Buying Zone) ⚠️ Disclaimer: This analysis is for educational purposes only. It is not financial advice
FOREXCOM:XAUUSDLong
by Gold-Thoughts-by-Selena
23
VENKYSVenky’s (India) Ltd. (CMP ₹1,577.10, -2.14%), headquartered in Pune, is India’s leading poultry and animal health company. Incorporated in 1976, Venky’s operates across poultry breeding, processed chicken, animal feed, and pharmaceutical products. It is also known for producing pathogen-free eggs used in vaccine manufacturing. Promoter: Venkateshwara Hatcheries Pvt. Ltd. (~51.6% holding). Founded by Dr. B.V. Rao, recognized as the Father of the Indian Poultry Industry, who pioneered modern poultry farming in India. FY22–FY25 Snapshot Sales – ₹3,050 Cr → ₹3,420 Cr → ₹3,680 Cr → ₹3,950 Cr Net Profit – ₹210 Cr → ₹185 Cr → ₹160 Cr → ₹175 Cr Operating Performance – Strong → Moderate → Weak → Improving Dividend Yield – 0.8% → 0.9% → 1.0% → 1.1% Equity Capital – ₹14 Cr (constant) Total Debt – ₹1,050 Cr → ₹980 Cr → ₹940 Cr → ₹900 Cr Fixed Assets – ₹2,800 Cr → ₹3,000 Cr → ₹3,200 Cr → ₹3,400 Cr EPS – ₹150 → ₹132 → ₹114 → ₹125 Institutional Interest & Ownership Trends Promoter holding is ~51.6% (Venkateshwara Hatcheries Pvt. Ltd.), reflecting strong family-led governance. FIIs and DIIs have modest exposure due to Venky’s niche poultry focus. Public float is ~48%, with delivery volumes showing long-term positioning by consumer and agri-focused funds. Strategic Moves & Innovations Venky’s has diversified into processed chicken products, animal health supplements, and poultry feed. The company is investing in biosecurity, vaccine inputs, and pathogen-free egg production, which are critical for pharma and poultry industries. It continues to expand its retail presence through Venky’s branded outlets. Cash Flow & Balance Sheet Strength Operating cash flows remain stable, though margins are cyclical due to feed cost volatility. Free cash flow is modest, with reinvestment into poultry infrastructure and pharma products. Debt levels are gradually declining, reflecting disciplined capital allocation. Risk Factors Key risks include raw material inflation (maize, soybean), disease outbreaks in poultry, regulatory changes in food safety, and competitive intensity from other poultry and FMCG players. Investor Takeaway Venky’s demonstrates steady fundamentals with improving profitability, strong brand equity in poultry, and diversification into animal health and pharma inputs. While cyclical risks remain, it is positioned as a long-term niche player in India’s poultry and food processing sector.
NSE:VENKEYSLong
by TechnicalAnalystSucrit
BNB Wave Analysis – 13 January 2026 - BNB broke out of sideways price range - Likely to rise to resistance level 1000.00 BNB recently broke the resistance area between the resistance level 910.00 (upper border of the sideways price range from November) and the 50% Fibonacci correction of the downward impulse from November. The breakout of this resistance area accelerated the active impulse wave iii – which belongs to the medium-term impulse wave (C) from November. BNB can be expected to rise to the next round resistance level 1000.00 (target for the completion of the active impulse wave iii).
FXPRO:BNBUSDLong
by FxPro
1
GBPJPY: Breaking Another High 🇬🇧🇯🇵 GBPJPY is breaking another high after a consolidation and accumulation within a horizontal channel on a daily. The market will most likely continue rising. The next strong resistance will be 213.5. For extra confirmation, I recommend waiting for a daily candle close above the underlined structure before you buy. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by VasilyTrader
6
Chart Patterns ranked by reliability (1-8)Chart Patterns as a Strategy (Not a System) In the world of technical analysis, chart patterns are often marketed as stand-alone trading systems. In reality, their real edge comes from probabilistic structure recognition, not prediction. The key insight from my large-sample testing (10 years, 200,000+ patterns (Futures, FX)) is this: Patterns don’t predict direction — they quantify structural bias once price has already revealed intent. That distinction is what separates profitable traders from pattern collectors. How These Patterns Were Tested (Why the Stats Matter) All patterns discussed below were: Only counted once fully completed Required confirmed breaks of structure (trendline, neckline, or support/resistance) Measured using objective projection rules, not discretionary targets TP Rule: Full Head and Shoulder Height, using the Head distance and the right shoulder as the SL. Full Height of triangles, and a full height for flags as well. Twice the height of the Channel as TP, and Time TP for Channels, for half of the duration of the it. Rectangles were Full Box Width as TP, and a time-based TP of 1/4 the Length. It could be trailed further, but some such as Rectangle TP made great mean-reversion trade. This removes hindsight bias — a major flaw in most pattern discussions. Continuation Patterns (Trend Context Is Mandatory). #8. Bull & Bear Flags (~67%) (Alt. Name: Cups, Volatility Contraction Pattern) Occur after near-vertical impulse moves, typically the 50 EMA can filter the direction. Represent temporary pauses, not reversals. Best when: Flag is tight Forms near the extreme of the impulse Volume contracts during consolidation Professional takeaway: Flags are trend health checks, not entries. If a flag fails, momentum is likely exhausted. #7. Ascending & Descending Triangles (~73%) Market compresses against a hard level One side shows aggression, the other absorption Breakout confirms institutional imbalance Use them to answer: “Is price being accumulated or distributed?” #6. Ascending & Descending Channels (~73%) (Alt. Name: Cups & Handle) Wide consolidations between parallel trendlines Stronger than flags due to time + participation Breakouts often lead to measured trend continuation Key insight: Channels are delayed continuation, not indecision. Reversal Patterns (Confirmation Is Everything) The Joker: Double Tops & Bottoms (75–79%) Require structural failure Completion only occurs after neckline break Bottoms outperform tops statistically (markets rise faster than they fall) ⚠️ Common mistake: Anticipating the second top/bottom instead of waiting for confirmation. The Queen: Triple Tops & Bottoms (77–79%) Stronger due to repeated rejection Represent exhaustion of dominant participants Interpretation: The market tried three times — and failed. The King: Rectangle Patterns (~78–80%) Flat consolidation after a trend, more than 3 touches top and bottom. Essentially failed reversal attempts. Breakouts often trap traders positioned against the trend, it's best to enter on retest of breakout or earlier at the Bear-Bull Midline of the Box. Critical lesson: Most “double tops” fail — and turn into rectangles. The Ace: Head & Shoulders (~83%) Why it works so well: Clear distribution → failure → confirmation Captures institutional exit mechanics Neckline break aligns with order-flow imbalance Both regular and inverted versions are the most reliable classical patterns when properly confirmed. ⚠️ Common mistake: It's easy to mistake a Head and Shoulders with another pattern like a Double or Triple Bottom if it's neckline is not broken well. The Trap Pattern: Pennants (~55%) Despite being taught alongside flags: Pennants break against trend too often Over-compression increases randomness Lack clear structural dominance, Pivot HL are spots where trader's should sell. Professional rule: If it looks too tight, it’s probably a coin flip. It's better to target Equal High and Lows to the left as TP. How Professionals Actually Use Chart Patterns We don’t trade patterns — we trade what they imply. Patterns help answer: Is the market accepting or rejecting price? Are participants trapped or in control? Is this continuation, transition, or reversal? They work best when combined with: Market structure (HH/HL, LH/LL) Time-of-day context Volume or order-flow Higher-timeframe bias Final Truth About Pattern Accuracy Pattern Type Role Best Use Flags / Channels Continuation Trend validation Triangles Pressure build Breakout bias Double / Triple Reversal Failure detection Rectangles Continuation Trap identification Head & Shoulders Reversal Distribution confirmation Pennants ❌ Avoid
SP:SPXEducation
by GabrielAmadeusLau
12
Elite | EURUSD – H1 | Pullback into DemandFX:EURUSD After rejecting the previous high near 1.1803, price corrected into demand where buying interest has previously entered. Current price action suggests consolidation and liquidity engineering, with continuation dependent on confirmation rather than anticipation. Key Scenarios ✅ Bullish Case 🚀 – Strong reaction from 1.1660–1.1680 – H1 close above 1.1803 → Bullish BOS confirmed 🎯 Target 1: 1.1850 🎯 Target 2: 1.1900 🎯 Target 3: 1.2000 (HTF liquidity) ❌ Bearish Case 📉 – Failure to hold demand – Acceptance below 1.1620 🎯 Downside Target: 1.1588 Current Levels to Watch Resistance 🔴: 1.1803 Support 🟢: 1.1660–1.1680 Invalidation ❌: H1 close below 1.1620 ⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice.
Long
by Elite-Forex-Trades
2