Rectanglebreak

Trading Roadmap | Classical TA·L 08— Continuation Chart Patterns Lesson 8 - Continuation Chart Patterns: When Trends Pause Difficulty: (Beginner–Intermediate) Trends rarely move in straight lines. They pause, consolidate, and continue. Continuation patterns are the shapes that form during those pauses — Flags, Pennants, Triangles, Rectangles, and Wedges. Learning to identify them can help you enter trend-following trades with clearer context and more defined risk. 🔵 RECAP — WHERE WE LEFT OFF In Lesson 7, you learned reversal patterns — the shapes that often mark the end of a trend. Now we cover their counterpart: patterns that form inside an existing trend and often precede continuation of the same direction. 🔵 WHY CONTINUATION PATTERNS MATTER Every strong trend has periods of consolidation — moments where price catches its breath before extending. These consolidations are not random. They often form specific, recognizable shapes. Recognizing these shapes can help you: Enter trend-following trades with better structure Define your risk with clearer stop placement Set targets using measured moves 🐳 Pro Tip: Continuation patterns are only meaningful inside a clear trend. In a range or choppy market, they lose most of their reliability. 🔵 1. FLAGS — THE MOST COMMON CONTINUATION SHAPE A Flag is a short, tight consolidation that leans against the trend direction. Bull Flag: a sharp rally (the "pole"), followed by a small downward-sloping channel (the "flag"). Often precedes another leg up. Bear Flag: mirror image. A sharp drop, followed by a small upward-sloping channel, often preceding another leg down. Confirmation: a decisive close beyond the flag's boundary in the trend direction. Target (measured move): the length of the pole projected from the breakout point. Below is a real Bear Flag example on BTC — a sharp decline followed by a rising channel consolidation, then continuation of the downtrend. 🐳 Pro Tip: Flags that consolidate for too long can lose momentum. The cleanest Flags typically resolve within a few candles. 🔵 2. PENNANTS — THE SYMMETRIC COUSIN OF FLAGS A Pennant is similar to a Flag, but the consolidation forms a small symmetric triangle instead of a channel. Bull Pennant: sharp rally + small symmetric triangle + continuation up. Bear Pennant: sharp drop + small symmetric triangle + continuation down. Confirmation and targets follow the same logic as Flags. 🐳 Pro Tip: Flags and Pennants often signal the same continuation. The difference is cosmetic — the shape of the consolidation, not the outcome. 🔵 3. TRIANGLES — THREE VARIATIONS Triangles are longer consolidations built by two converging trendlines. Symmetric Triangle: two trendlines converging at the same rate — one connecting lower highs, one connecting higher lows. Breakout direction is not predetermined; the market often continues in the direction of the prior trend. Ascending Triangle: a flat resistance line above, a rising support line below. Often precedes a bullish breakout, especially inside an existing uptrend. Descending Triangle: mirror image. Flat support below, falling resistance above. Often precedes a bearish breakdown, especially inside an existing downtrend. Confirmation: a decisive close beyond one of the triangle's boundaries with follow-through. Target (measured move): the height of the triangle at its widest point, projected from the breakout. 🐳 Pro Tip: Triangles that break too close to their apex tend to be less reliable. The strongest breakouts often occur around the 2/3 mark of the triangle's length. 🔵 4. RECTANGLES — TRADING THE RANGE A Rectangle is a horizontal consolidation between two parallel levels — essentially a mini-range inside a trend. Bullish Rectangle: forms inside an uptrend. Price consolidates sideways before continuing up. Bearish Rectangle: forms inside a downtrend. Price consolidates sideways before continuing down. Confirmation: a decisive close beyond the rectangle's boundary in the trend direction. Target (measured move): the height of the rectangle projected from the breakout. 🐳 Pro Tip: While consolidating, a Rectangle can be traded as a range (buy support, sell resistance) — until the eventual breakout. 🔵 5. WEDGES — RISING AND FALLING Wedges look like triangles but slope in one clear direction. Their meaning depends on where they form. Rising Wedge (Bearish): both trendlines slope up, but the upper one flattens. Often precedes a bearish breakdown — especially at the end of an uptrend or during a bounce inside a downtrend. Falling Wedge (Bullish): both trendlines slope down, but the lower one flattens. Often precedes a bullish breakout — especially at the end of a downtrend or during a pullback inside an uptrend. 🐳 Pro Tip: Wedges are a case where a "continuation shape" often signals a reversal instead. Context decides — always check the higher-timeframe trend. 🔵 6. HOW TO TRADE CONTINUATION PATTERNS The universal 4-step process: Confirm the prior trend — continuation patterns need a trend to continue Identify the consolidation shape and draw its boundaries Wait for a decisive close beyond the boundary in the trend direction Choose your entry style: - Aggressive traders may enter on the breakout candle close - Conservative traders often wait for a retest of the broken boundary Stop loss: just beyond the opposite boundary of the pattern. Target: measured move from the pattern's height (or the pole, for Flags/Pennants). 🔵 7. COMMON BEGINNER MISTAKES Trading continuation patterns in a range or trendless market Anticipating the breakout instead of waiting for the close Forcing a pattern where the boundaries don't cleanly fit Confusing a Bear Flag inside a downtrend with a bullish reversal Ignoring volume — many breakouts fail on low volume Not deciding whether you're playing the break or the retest 🔵 8. YOUR CONTINUATION FRAMEWORK Before acting on any continuation pattern, ask: Is there a clear trend before this consolidation? Does the pattern's boundaries fit the price action cleanly? Has price closed decisively beyond the boundary? What is the measured target, and does it justify the risk? 🔵 QUICK SELF-CHECK Identify a Bull Flag vs a Bear Flag Distinguish a Pennant from a Symmetric Triangle Explain when to expect a bullish vs bearish break from a Symmetric Triangle Recognize a Falling Wedge and know why it often signals a bullish break Measure a target using the pole (Flag) or the triangle's height 🔵 WHAT IS NEXT Lesson 9 — Volume Analysis: we add a completely new dimension to price action. Volume tells you how much conviction is behind a move — and can help confirm whether a breakout is real or fading. We will cover volume spikes, divergences, climax volume, and how to use Volume Profile. Drop a comment: which continuation pattern do you trade most often — Flag, Triangle, or Wedge? Full Trading Roadmap | Classical TA Course Trading Roadmap | Classical TA · Lesson 01 — Mastering the Chart Trading Roadmap | Classical TA · Lesson 02 — Mastering Trends Trading Roadmap | Classical TA · Lesson 03 — Support & Resistance Trading Roadmap | Classical TA · Lesson 04 — Price Channels Trading Roadmap | Classical TA · Lesson 05 — Single Candle Patterns Trading Roadmap | Classical TA · Lesson 06 — Multi-Candle Patterns Trading Roadmap | Classical TA · Lesson 07 — Reversal Chart Patterns Best Regards, BigBeluga 🐳

$OPEN Rectangle Possible Breakdown NASDAQ:OPEN has been stuck in a clean rectangle since February. Floor at $4.20 and ceiling at $5.66. Before that it bled from $11 down to $4, so this whole range is just a pause inside a downtrend, not a bottom. Ranges that form after a fall usually resolve the way price came in. So that is to the downside. The big green volume bar on 6/26 fooled a lot of people. 171M shares, roughly 4x normal and the timeline called it buyers defending the floor. It was not. That was the Russell 3000 reconstitution. Opendoor got added to the index and passive funds were forced to buy at the close. That is mechanical money. It buys once on the day and then it is gone. Here is the tell. 171M shares went through and the stock closed up a whole 1.63% parked right on the floor at $4.37. If that much forced buying could only lift it one percent and could not get it off the lows that is supply getting dumped into the index bid. That is not strength. A real defense closes strong and pushes back into the range. So now the index bid is behind us and the floor has been tested five times. I'm not short yet. I don't guess the break. The trigger is one thing only and that is a daily close below $4.20. I also want the next session to fail to reclaim it because a name this popular with retail loves to fake a break and snap straight back to trap the shorts. If it goes, the measured move is the height of the range projected down. $5.66 minus $4.20 is $1.46. So target around $2.70 to $2.80, I aim for the middle. Invalidation is a close back above $4.20 that holds or any clean reclaim of the range. If the floor keeps holding there is no trade and I stand down. One more note on how I would play it. Vol is cheap right now because the catalyst already passed, so if this triggers I'm buying $5 puts.

GBPCHF higher bullish expectations OANDA:GBPCHF trend based analysis, we are bounce on strong sup. zone (violet), we are have and break of RECTANGLE, currenly price in MEGAPHONE pattern, from here new bullish expecting. SUP zone: 1.05800 RES zone: 1.07200, 1.07600

USoil Key Trading Signal Analysis On the daily chart, oil prices surged above $110 due to geopolitical and macroeconomic influences. The moving average system is diverging upwards, indicating an upward trend in the medium term. The price action is currently in a secondary consolidation at higher levels, supported by the price action, but bullish momentum remains strong. The medium-term trend is expected to remain bullish. In the short term, crude oil is repeatedly crossing the moving average system, indicating a mainly volatile short-term trend. The range is expected to be between $105.60 and $91.00. The MACD indicator has broken upwards near the zero line, suggesting potential for further upward movement. Trading Analysis: Crude oil broke through the resistance level around $96.3, which is expected to form new support. Today, the strategy is to prioritize buying on pullbacks, with selling on rallies as a secondary approach. Key resistance levels to watch are $101.5-$102.5, and key support levels are $97.5-$96.0. Trading Summary: The key to success lies in consistently focusing on these detailed and accurate trading signals or real-time information. Traders who consistently follow these signals will ultimately succeed.

by Willie_Colette

Rectangular Breakout GAL GAL 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.

by faizaneali345

Don't Sleep on UPWK Macro signs for Upside MACRO Technicals on UPWK as long as the developments continue, showcase UPSIDE. This analysis is on 1 Week. So if today showcases a positive day, a Bullish weekly close would be in the cards for UPWK. So important to note and observe. What i want to highlight is the almost 3 year Consolidation zone or in other words rectangle pattern UPWK managed to breakout and confirm in Sept 2025. I like to look at consolidation zones as a thing that builds up pressure for assets and breakouts are always followed by Major Moves in the direction of breakout. Which is really the main reason i have my eyes on UPWK. We were in it from Sept 2022 to Sept 2025. Confirmed the breakout with multi weekly candle prints above between Oct - Nov 2025. After which we have been in an Uptrend. Momentum indicators are also indicating Momentum in the Bullish case is still strong. With STOCH RSI attempting a Bullish Cross these week. At the very least we move to the Target Zone of roughly $24.75 to $30.00 Zooming out onto 1 Month Further Supports Macro signals for continued UPSIDE. MACD has made it Above the 0 level, which is a major sign of Bullishness and long Uptrends. This is also the first time in history that UPWK has printed this Signal. Something to watch due to lack of data. STOCH RSI is in a Bull cross, it is important to note that it is in Overbought terroritory. So one thing to be on the lookout for is a Bearish Cross below the 70 level. Which can lead to a downtrend. Also note the area and price action above the "Target" Zone. There is very little candles above it so if price can manage to move here, UPWK has potential for significant upside. But lets humble ourselves and focus 1 move at a time. First being reaching the target area and seeing what price does here. Mentioned developments have my attention here and i will continue to observe. Look for more updates.

by SafofAllTrades

Ajanta Pharma | Box Breakout → Trend Initiation | Swing Technical 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.

Webull: Falling Wedge Breakout Imminent NASDAQ:BULL has been in a steady decline essentially since the start of the government shutdown, forming a clean falling wedge structure very similar to the setup we saw in May and June. Back then, the wedge resolved with a brief breakout but ultimately moved into a sideways consolidation inside the yellow range before finally lifting in late June/early July. Price is now sitting at the apex of a new wedge right as the government has officially reopened, almost to the day. With the president signing the bill, this may act as a macro green light for liquidity into year end, and BULL is positioned to potentially benefit from that. Technically, the stock is deeply beaten down (roughly 40 percent from pre-shutdown levels), the MACD is starting to curl up, and there’s a clear daily RSI divergence. Together, these conditions make a relief move or breakout increasingly plausible. If we don’t get a meaningful directional move between now and earnings on 11/20, then the most likely scenario is a replay of the May/June pattern: a period of sideways chop inside its current established support and resistance band zone around 9.54-10.18/10.39 while the market waits for the earnings catalyst. That report would then determine the next substantial move up or down. In short: BULL is at a technical decision point, with momentum indicators improving, macro pressure easing, and earnings close enough that either a near-term wedge break or a consolidation-before-catalyst are both reasonable outcomes from here.

ETHUSD 30-MIN – Holding Zone Reaction Ahead BITSTAMP:ETHUSD Market Overview After sweeping liquidity from the upper rejection zone, ETH experienced a controlled sell-off, reaching into the strong blue holding zone. The current structure shows early signs of absorption and a potential W-shaped reversal forming. If buyers defend this area, we could see a breakout toward the 4 535 and 4 672 reaction zones. Otherwise, failure to hold this block could drive price deeper toward the yellow demand base for the next bullish reload. Key Scenarios ✅ Bullish Case 🚀 → 🎯 Target 1 : 4 435 | 🎯 Target 2 : 4 535 | 🎯 Target 3 : 4 672 ❌ Bearish Case 📉 → 🎯 Target 1 : 4 250 | 🎯 Target 2 : 4 100 (deeper demand) Current Levels to Watch Resistance 🔴 : 4 435 – 4 672 Support 🟢 : 4 280 – 4 100 ⚠️ Disclaimer: This analysis is for educational purposes only. It is not financial advice.

by vipblueprintfx

USDCAD 15M – Bearish Correction Setup 📉 OANDA:USDCAD Structure | Trend | Key Reaction Zones Price is respecting a descending trendline, rejecting multiple times near 1.3960–1.3965, showing exhaustion after minor pullbacks. The structure remains bearish with lower highs forming consistently. Market Overview USDCAD is currently consolidating below resistance, forming a corrective pattern within the descending structure. A clean break below 1.3949 would confirm downside momentum targeting the 1.3920–1.3930 demand zone, where strong buyers may appear for short-term reversals. Key Scenarios ✅ Bearish Case 📉 → 🎯 Target 1: 1.3942 | 🎯 Target 2: 1.3920 ❌ Bullish Case 🚀 → Break and close above 1.3965 could invalidate the setup and push toward 1.3971 resistance. Current Levels to Watch Resistance 🔴: 1.3965 – 1.3971 Support 🟢: 1.3942 – 1.3920 ⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice.

by vipblueprintfx

COIN – Breakout Setup With Dual Scenario Technical Context: COIN has been consolidating for several weeks and just broke above the range. The 20-MA has turned upward, confirming a renewed bullish bias. Today’s resting bar after the breakout creates an ideal continuation setup for a long entry. Primary Trade Plan (Long): Entry: Buy above the resting bar’s high (confirmation). Stop Loss: Below the breakout candle’s low. Target: New high (NH) above the recent swing. Management: Move SL to breakeven after first push, trail bar-by-bar or by short-term swing lows. Alternative Scenario (Short): If price fails violently and breaks back below the breakout level, I would flip short with a target near the base of the consolidation (support zone). Bias: Bullish while price holds above the breakout zone. Aggressive short only if a strong reversal invalidates the breakout.

by manueldelcura1

XRP Consolidation pattern breakout imminent Looks to me like XRP is breaking out of a rectangle or consolidation pattern as we speak. Pattern formed since NOvember 2024 and since then XRP has been trading in this range. Our current weekly candle is clearly in the process of attempting a breakout above the upper band or resistance trendline of the consolidation pattern. We still have a day for candle close of this week. Look to see if a potential engulfing candle print occurs or not. Also note, this is by no means confirmation of the pattern break. We would need a concise bullish candle pattern for the next week to print for COnfirmation. If we do confirm breakout. XRP will be back in price discovery mode like BTC. And i personally wouldn't sleep on it. Its one of the better performers in crypto and seems like to me with every passing day a major player like BTC. (Opinion based on TA) I would also monitor the MACD indicator. Observe for increasing histogram bars and deep green color as well as bullish cross. On Macro timeframes, being above the 0 line on MACD is always bullish until we cross below.

by SafofAllTrades

Hero MotoCorp — Daily Chart Breakout Trade Setup Hero MotoCorp — Daily Chart Breakout Trade Setup Range Bound: The stock has been consolidating between ₹4,170–₹4,400 for the past several weeks. Structure: This is a classic rectangle consolidation, often a continuation pattern. Volume: Watch for volume expansion on the breakout; prior breakouts lacked follow-through due to low volumes. Higher Timeframe (Weekly/Monthly) charts show a bullish continuation since mid-May, with high-volume candles across weekly and monthly charts Key resistance zones: Weekly resistance lies between ₹4,930–₹5,000. Strong fundamental macro tailwinds: March sales show robust performance in both domestic ICE and EV segments (Vida) 🔍 Key Confirmation Signals for a Potential Trade ✅ Strong daily candle close above ₹4,420 ✅ Above-average volume on breakout ✅ RSI crossing 60 on breakout adds momentum confirmation ⚠️ Risk Management Notes Avoid early entry within the range (false breakouts possible) Wait for EOD close above resistance for confirmation Consider a trailing SL once the stock crosses ₹4,500

by manuagarwal21

USDCHF - Important Breakout !Hello Traders ! The USDCHF formed a rectangle pattern. The price broke the resistance level (0.83350 - 0.82931). This key level becomes new support ! So, I expect a bullish move🚀 ________________ TARGET: 0.85890🎯

by Hsan_Benhmed

Watch for a breakout from the #BANKUSDT 📍 The price of MEXC:BANKUSDT.P is approaching the apex of the pattern — a breakout from consolidation is expected soon. The main scenario favors a downward breakout, with a short opportunity if confirmed. 📍 Important note: ➡️ Don’t rush the entry! Wait for a clear breakout from the pennant and confirmation of the direction. 📍 Beware of fakeouts — the key to success lies in confirmation with candle closes and volume. 📉 SHORT MEXC:BANKUSDT.P from $0.04118 🛡 Stop loss: $0.04284 🕒 Timeframe: 1H 📢 Overview: ➡️ The main structure of MEXC:BANKUSDT.P remains bearish, showing consolidation after a drop. ➡️ A break below the $0.04118 support will trigger the Bearish Pennant pattern. ➡️ Volume increase on the breakout will confirm sellers' dominance. 🎯 TP Targets for SHORT: 💎 TP 1: $0.04010 💎 TP 2: $0.03900 💎 TP 3: $0.03815 📢 Entry conditions for MEXC:BANKUSDT.P : Enter only after a clear breakdown and candle close below $0.04118, ideally with volume confirmation. 📢 If the price holds above $0.04588, the structure may be invalidated, and the short scenario should be reconsidered. 📈 LONG MEXC:BANKUSDT.P from $0.04652 🛡 Stop loss: $0.04501 🕒 Timeframe: 1H 📢 Overview: ➡️ Price is compressing inside a Bearish Pennant, but there is still potential for a fake breakout upward. ➡️ A breakout above the pennant on strong volume may lead to a bullish impulse. ➡️ The $0.04652 level is key for a long entry after confirmation. 🎯 TP Targets for LONG: 💎 TP 1: $0.04760 💎 TP 2: $0.04870 💎 TP 3: $0.04970 📢 Entry conditions: Enter only after a confident breakout above $0.04652 and a solid candle close (preferably with high volume). 🚀 Watch for a breakout from the MEXC:BANKUSDT.P structure and trade only in the confirmed direction. Either way — there is good movement potential and the R/R ratio is solid in both directions!

by MoriartyTrading

GBPCAD bearish view OANDA:GBPCAD whats next?, we are have two times bounce on trend line, currently on D is visible DESCENDING TRIANGL, in triangl we have RECTANGLE PATTERN 4h which is breaked, below rectangle pattern we have on lower TF better visible BEARISH FLAG pattern 1h (violet doted), which currently looks breaked, here expecting bearish push now till next trend zone. SUP zone: 1.85000 RES zone: 1.82250, 1.81600

EURCHF short bearish push expected OANDA:EURCHF trend based analysis, we can see bearish trend in last period, we are have rectangle channel, which is breaked, price is start moving more bearish, its make few revers on sup zone, few touches of sup zone. Now we can see strong bearish candle, from here now expecting this structure is confirmed and we can see now higher bearish fall. SUP zone: 0.95500 RES zone: 0.94350

BTC/USD - Bearish Break & Retest Setup Market Overview : Bitcoin (BTC/USD) has broken below a key consolidation zone after trading in a range between $90,000 - $108,000 for several weeks. The price is now attempting a retest of the previous support, which has turned into a resistance (supply zone) before a potential continuation to the downside. Chart Pattern & Technical Setup: 📉 Break & Retest Structure: The price has broken below the previous range and is now testing the $87,000 - $91,000 resistance zone. 📉 Lower High Formation: BTC is expected to create a lower high before continuing its downward trend. 📉 Bearish Wave Projection: The chart suggests a zigzag movement, forming successive lower highs and lower lows, targeting $67,399 as the next support level. Trade Setup: Bias: Bearish Entry: Sell limit at $87,000 - $91,000 (Supply Zone) Stop Loss: Above $95,000 (Invalidation Level) Take Profit: $67,399 (Next Key Support) Confluences Supporting Bearish Bias: ✅ Supply Zone Rejection: The resistance area is likely to attract sellers. ✅ Market Structure Shift: A break below the previous range indicates a trend reversal. ✅ Lower High Confirmation: A rejection at resistance will confirm the bearish outlook. Risk Management: Risk-Reward Ratio (RRR): 1:3+ Position Sizing: Adjust based on risk tolerance. Alternative Scenario: A break and close above $95,000 would invalidate the bearish setup, signaling a potential bullish continuation. 📌 Disclaimer: This analysis is for educational purposes only. Always manage risk properly before entering a trade.

by ForexOptimizer

BNB up trend Binance coin already braked out of the long time rectangle classic pattern, it is expected to to continue up trend to the targets which are mentioned in the charts.

by samanhemati1993

NZDJPY - Important Breakout Hello Traders ! On the daily time frame, The NZDJPY formed a rectangle pattern. At the moment, The support level is broken ! So, I expect a bearish move 📉 _______________ TARGET: 87.350🎯

by Hsan_Benhmed

CAD/CHF Trade Setup: Breakout Retest with High R/R Opportunity The CAD/CHF pair has displayed significant bullish momentum, successfully breaking out of a strong consolidation zone that has persisted since August. This consolidation pattern resembled a rectangle, providing a clear range for price action. The breakout above this range indicates a potential shift in market sentiment, favoring buyers. Key Technical Observations Breakout Confirmation: The price has decisively closed above the upper boundary of the rectangle, confirming a breakout. This breakout signals increased buying interest and opens the path for further upside potential. Support and Fibonacci Confluence: The previous resistance zone of the rectangle is now expected to act as a support area upon a retest. Notably, this area aligns with the 0.382 Fibonacci retracement level, further reinforcing its significance as a potential demand zone. Bullish Continuation Bias: The breakout aligns with broader market trends and technical indicators, suggesting a continuation of bullish momentum if the support area holds. Trade Setup The following trade setup is proposed for CAD/CHF based on the outlined technical framework: Entry Zone : Near 0.63600 (retest of the previous resistance-turned-support). Stop Loss: Near 0.62800 (below the support zone to account for volatility). Take Profit Levels: TP1: 0.64400 (initial profit target near minor resistance). TP2: 0.65200 (mid-term target in line with historical levels). TP3: 0.66000 (extended target, capturing the broader bullish potential). Risk-Reward Assessment This setup offers an attractive risk-to-reward ratio with a controlled downside (80 pips) and substantial upside potential at each target: TP1: +80 pips (1:1 R/R). TP2: +160 pips (1:2 R/R). TP3: +240 pips (1:3 R/R). Market Conditions to Monitor Retest Validation: Ensure the price action confirms support near 0.63600, such as a bullish reversal candlestick or increased volume. Fundamental Events: Monitor economic data releases and geopolitical developments affecting CAD or CHF to avoid unexpected volatility. Momentum Indicators: RSI and MACD should sustain bullish trends, supporting the continuation of upward momentum. Conclusion The CAD/CHF pair presents a high-probability trading opportunity following its breakout from a well-defined consolidation zone. A retest of the newly established support area near 0.63600 offers an ideal entry point. Traders are advised to remain vigilant and adhere to the defined risk management parameters to maximize potential returns while minimizing exposure. This report is for informational purposes and does not constitute financial advice. Always conduct your due diligence before entering any trade.

UNITDSPR Breakout, Long for Intraday UNITDSPR Breakout closing in 15 Min. chart, Rectangle/Flag & Pole pattern breakout. Daily Trend is also upwards Wait for the retracement then can go for long position. Question : Why wait for retracement? Ans : Already made 8 green candles, there is a high probability that a red candle can be formed only then we can see the intensity and exact seller price. If sellers are strong then it can be a breakout fail or if buyers are strong then that red candle will be act like a small stoploss/better price place for Buyers. Note: This is just an analysis wait for the price to confirm. Disclaimer : Always follow Risk to Reward, because this is the key to success in this business, no matter how much good a trade is looking, we never know the future.

Legal & General new direction After creating a rectangle since Jan 2024, Legal and General has broken to the downside after lacklustre targets issued yesterday. Price is falling below 231 support. Since March 2013, L&G has gone nowhere and it looks like it could eventually hit 161, if the stock market reverts to a downtrend or business is below expectations.