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Trend Line Break

COFFEE could turn around big timePrice on COFFEE looks very interesting at the moment, this latest move broke the narrative of a downtrend. The most recent interaction with the downtrend is particularly interesting, because it's already showing early signs of consolidation, decreased bearish momentum. What may follow: retest of trendline, low-volume candles suggesting exhaustion, all aligning for potential upwards. My target would be toward 350$ where we have a clear zone. If this move plays out, it will make a beautiful switch of a narrative that’s we've been seeing for COFFEE. This is what makes the setup so compelling. It’s a "story being shown". Though a scenario for more downside is possible. Still, I am taking the side for more upside because such decrease is not sustainable long without a correction. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:COFFEELong
by TrendDiva
14
GOLD → One step away from 3500. Consolidation. What next?FX:XAUUSD has been rallying towards 3500 since the opening of the session, and the market has every chance of testing this level. Consolidation or correction may form before the next breakout... Gold resumed its growth at the beginning of the week, reaching five-month highs around $3480 amid declining risk appetite and expectations of Fed policy easing. Trading activity remains low due to holidays in the US and Canada. Key drivers : Weak Asian markets and uncertainty surrounding Trump's trade policy are supporting interest in gold. The probability of a rate cut in September is estimated at 90% after last week's PCE data. Overall, the market maintains its momentum towards record levels ($3500), but low liquidity may increase volatility. Technically , gold is strongly bullish. The price is striving to test the ATH - 3500. Before that, consolidation or a retest of the 3469-3460 zone may form. The dollar is weak at the moment and continues to trend downward, which generally supports gold. Resistance levels: 3484.8, 3500 Support levels: 3469.5, 3460 Undoubtedly, after consolidation or correction, gold may reach its target. However, continued growth beyond 3500 may be questionable due to a lack of energy, as the market has spent it to reach 3500. Accordingly, a false breakout of the ATH could trigger a strong profit-taking phase, which in turn could lead to a sell-off and correction. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
31
Gold Update – With US Banks Closed, Beware of a Possible TrapGold Update – With US Banks Closed, Beware of a Possible Trap Hello traders, With US banks closed today, market liquidity linked to the dollar may be thinner than usual, creating less predictable moves for gold. The rally during the Asian session has tempted many traders to look for a “sell the top” opportunity with hopes of sizeable profits. In my view, the market could set up a trap for short-sellers, meaning price may either push higher during the US session or remain sideways at current levels before revealing clearer direction. At this stage, it may be better to wait for a cleaner wave structure before committing. The priority should still be trading in line with the broader uptrend. Buy entry zone: around 3340–3345, with a stop-loss of roughly 10 dollars. For short positions: patience is key – wait for clear channel confirmation on the M15–H1 timeframes before considering entries. That’s my current view on gold for today’s US session. Use it as reference and manage risk carefully.
OANDA:XAUUSDLong
by BrianLionCapital
GOLD → Retest 3400 before the news. Will there be a rally?FX:XAUUSD is pulling back slightly after hitting a new high of 3423. The trend is bullish, and on the D1 chart we see a breakout of a symmetrical triangle, which generally hints at bullish potential. Gold is correcting after rising to $3423 in anticipation of US PCE inflation data. Key factors: Doubts about the Fed's independence are limiting the USD's strengthening. Soft Fed rhetoric: Board member Waller supported a rate cut in September and further easing. The probability of a September rate cut is estimated at 87%. Today's news: Core PCE inflation data (forecast: 2.6% y/y). If below forecast → increased expectations for policy easing → support for gold If above forecast → dollar strength → gold correction Short-term gold dynamics depend on inflation data and its impact on Fed rate expectations Support levels: 3405, 3394, 3386.5 Resistance levels: 3415, 3423, 3433 As part of the correction, the price may test liquidity zones and enter a consolidation phase ahead of the news. However, the market is one step away from distribution (exit from a symmetrical triangle). If the bulls keep the price above 3400 as part of the correction, we will have a good chance to catch the rally... Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
20
XAUUSD – Medium-Term Trading ScenarioXAUUSD – Medium-Term Trading Scenario Hello traders, Gold is moving into the final stage of its flag formation. Medium-term traders are now waiting for a clear breakout confirmation, as that will determine the next medium- to long-term move. Once confirmed, the plan is to trade immediately in the breakout direction. In the meantime, short-term and intraday traders continue to work inside the flag, taking scalping opportunities while price remains range-bound. From my perspective, the probability of an upside breakout and continuation of the broader bullish trend is high after such a long period of consolidation. To optimise entries, buying near the lower boundary of the trendline makes sense, with stop-losses placed just below in case of a breakdown. A particularly important zone is the Fibonacci retracement 0.5 at 3354, which combines dynamic and static support with a key Fibonacci level. This is a strong area to build medium- to long-term long positions. An earlier entry can also be considered around 3372, where the previous candle confirmed strong bullish momentum. In this case, stops should be kept tight, just under the nearest support. The bullish case only fails if price breaks and closes firmly below the lower trendline, which would confirm a reversal. That’s my view on gold for the coming sessions – stay patient, manage risk, and wait for the structure to confirm. What’s your outlook? Let’s discuss in the comments.
OANDA:XAUUSDLong
by BrianLionCapital
GOLD → Retest 3400. Readiness for a breakthroughFX:XAUUSD is "consolidating" creeping up on resistance, which generally increases the chances of a breakout, but the initial resistance test may end in a pullback. However, there is news ahead that could trigger one of two scenarios... At the moment, gold is testing $3,400, but is ready for a correction pending new data from the US. However, further decline may be limited for the following reasons: Weak dollar: The probability of a Fed rate cut in September is estimated at 90%. Trump-Fed conflict: Pressure on Fed Chair Lisa Cook undermines confidence in the dollar. Trade wars: New US tariffs (on India) and retaliatory measures (Mexico, Canada against China) increase demand for "safe havens" What is important: Political uncertainty and soft rhetoric of the Fed continue to play in favor of gold. Any attempts to reduce will be supported by buyers. It is also worth paying attention to the GDP and Initial Jobless Claims, which will be published today at 12:30 GMT. Resistance levels: 3405, 3420, 3433 Support levels: 3386, 3373, 3369 Technically, the situation is ambiguous and everything depends on the reaction to 3405 and further news. Weakening of the fundamental background may lead to consolidation or correction to 3373 - 3369. However, if traders feel support, then the retest of 3405 may end with a small consolidation around the level and subsequent breakout and growth to the specified targets (I am more inclined to this scenario based on the above situation) Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
18
XAUUSD Price Action Update – Waves in PlayXAUUSD Price Action Update – Waves in Play Hello traders, As I shared yesterday in the long-term outlook for gold, the first scenario is playing out almost perfectly. Price reaction levels have been spot on, making trading much easier – and that’s exactly why detailed planning is so important when building a scenario. Key reaction zones have already delivered profits: the buy at 3375 and the sell at 3409 both worked well. More importantly, my long-side projection is still valid, with targets at least around 3430 and potentially as high as 3450. Following that scenario, the plan remains to look for buy entries on pullbacks, since no market goes straight up or straight down. Every move needs secondary phases of liquidity grabs and corrections. With the current structure, buying here feels a bit “mid-range”, but with larger profit potential the risk can be justified. A buy entry around 3405 looks reasonable, while corrective short setups can be considered near 3430. Holding onto long positions at current levels remains very logical – and remember, cultivating the right trading mindset is just as important as finding good entries. Drop your thoughts in the comments, let’s discuss this setup together.
OANDA:XAUUSDLong
by BrianLionCapital
GOLD → Bullish trend. Pullback before growthFX:XAUUSD continues to gradually storm the 3375-3405 area, paving its way to strong resistance at 3410. The fundamental background is relatively positive, with a bullish trend. Gold has retreated slightly from its two-week peak ($3400), but retains its growth potential against the backdrop of two key factors: Pressure on Fed Chair Lisa Cook is undermining confidence in the dollar and strengthening demand for defensive assets. New tariffs on China and India are reviving fears about global growth, which is beneficial for safe havens. But there are also restraining factors: A strong dollar could limit gold's growth. It is also worth paying attention to Friday's US inflation data (PCE), which will determine the further trend. Soft data will reinforce expectations of a Fed rate cut and push gold higher. Resistance levels: 3386.5, 3393.5 Support levels: 3373.7, 3369.6 Movements up to 3410 may be zigzagging due to the fairly heavy zone of 3375 - 3410 (this can be seen in the volume profile). Focus on local but strong support: 3373 - 3369, the market may test this area before storming resistance 3386 - 3393 for growth to 3405 - 3410. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
33
NZDJPY → A false breakout of resistance will trigger a declineFX:NZDJPY entered a correction phase after a sharp decline. The main trend is downward, with a countertrend movement aimed at consolidating potential before further decline. A countertrend correction is forming against the backdrop of the main downward trend. The current movement may be aimed at hunting for liquidity before continuing its movement. Focus on the resistance zone at 86.67 The currency pair is trading below key resistance within the global downtrend. As part of the correction, the price may test 86.67 - 87.10 before continuing the main trend. Resistance levels: 86.67, 86.97, 97.11 Support levels: 85.97, 85.6 If a false breakout of the key zone of interest forms during the correction without the possibility of continuing growth, we will receive confirmation that the market is ready to move down. Consolidation below the level may trigger a downward impulse. Best regards, R. Linda!
Short
by RLinda
6
Bitcoin Correction Unfolding — First Wave in MotionAfter successfully hitting the BITCOIN target and anticipating a major correction in my previous ideas, here’s how the first wave of that correction is shaping up on the daily chart: 1- At the recent high, a Shooting Star candle formed — a classic reversal signal. 2- Using Volunacci analysis, the price retraced exactly to the Golden Zone, validating the first leg of the pullback. 3- The next step? A breakdown of the blue trendline would likely send us toward the Volunacci target at $108,600. 4- For confirmation, we're watching the RSI trendline — if it breaks down as well, it would strongly support the bearish continuation. The setup is clean and developing as expected — it's all about following price and letting the chart guide the story.
CRYPTO:BTCUSDShort
by HEISENBERG_SayMyName
GBPAUD → The correction is nearing completion...FX:GBPAUD is set to end the correction formed within the global bullish trend. A false breakdown of the liquidity zone is forming... GBPAUD on D1 is testing a strong support zone, which gives traders hope for a possible recovery. Locally, the chart shows signs of the correction ending... After correcting to 1/2 of the range, GBPAUD is forming a false breakdown of the order block and breaking the bearish structure, confirming the end of the correction. Consolidation above 2.076 could trigger a recovery within the bullish trend. Resistance levels: 2.086, 2.0978 Support levels: 2.076, 2.0715 Despite breaking through the resistance of the local correction, the market must confirm the bullish sentiment. Consolidation of the price above 2.076 will confirm this nuance, and consolidation above the key support may influence further growth. Best regards, R. Linda!
Long
by RLinda
5
XAUUSD – Medium-Term Trading OutlookXAUUSD – Medium-Term Trading Outlook Hello traders, Gold is now entering the final stage of its flag formation. Medium-term traders are watching closely for a clear breakout confirmation, as this will define the next medium- to long-term move. Once price confirms the break, the plan is to enter immediately in the direction of that breakout. In the meantime, short-term and intraday traders can continue trading within the flag, taking advantage of scalping opportunities inside the range. From my perspective, the probability of an upside breakout and continuation of the broader bullish trend is fairly high after such a long consolidation. To optimise entries, it makes sense to buy near the lower boundary of the trendline, with stop-losses placed immediately if the pattern breaks down. The key level to watch is the Fibonacci retracement 0.5 at 3354 – an area that acts as both dynamic and static support, as well as a critical Fibonacci level. This is a strong zone for long-term buy setups. Additionally, an earlier entry can be considered around 3372, where the previous candle showed strong buying momentum. Traders entering here should keep stops tight, just below the nearest support. This bullish outlook would only be invalidated if price breaks below the lower trendline and closes firmly underneath it, confirming a reversal. Wishing you success with this trading plan. If you share a similar outlook, feel free to drop your thoughts in the comments and let’s discuss further.
OANDA:XAUUSDLong
by BrianLionCapital
1
Bitcoin – Long-Term Outlook with Elliott Wave StructureBitcoin – Long-Term Outlook with Elliott Wave Structure Hello traders, Taking a step back for a medium- to long-term perspective on BTC. The broader trend remains bullish, yet for any rally to be sustainable, corrective phases are essential. Right now, BTC is in a corrective move, which aligns with wave 4 of the Elliott Wave structure. To measure the depth of this correction before wave 5 develops, we can look at the Fibonacci retracement levels. Two zones stand out as significant: 0.618 and 0.5. At 0.618, support is strong but not yet decisive. If price reacts here and wave 5 unfolds, the Elliott count stays intact and relatively clean. At 0.5, this is often the ideal retracement level on Fibonacci. The chart also shows this as a major structural support. If it breaks, deeper downside could follow, as the ascending trendline also suggests. Long-Term Trading Plan Entry 1: Around the 0.618 retracement at 105k Entry 2: Around the 0.5 retracement at 99k This setup forms the basis for a medium-term strategy, but if the second zone (99k) holds strongly, it could well serve as the foundation for a longer-term bullish cycle. Stay patient, keep risk management at the forefront, and let the structure play out. What’s your take on BTC’s long-term wave structure? Drop your thoughts in the comments and let’s discuss.
BINANCE:BTCUSDLong
by BrianLionCapital
1
Gold – US Session UpdateGold – US Session Update Hello traders, Gold is moving in line with the scenario, currently tracking wave 2 in Elliott, even though overall market volume remains light. What matters now is a clean break above 3386 resistance – that would provide enough momentum for gold to extend higher, with the next target around 3411, before continuing into wave 3. At present, the setup is already running with around 200 pips profit. Traders can continue to hold positions, but taking partial profit (closing half) may help ease the psychology and allow more comfort in holding for extended targets. For those who missed the earlier entry, the 3380 zone still offers a possible entry point. Although it’s slightly late, the target remains far enough to justify action. Stick with this scenario if it aligns with your outlook – and always remember to manage risk carefully. Wishing you success with your gold trades.
OANDA:XAUUSDLong
by BrianLionCapital
GOLD → Consolidation to continue growth towards 3400FX:XAUUSD is updating its local maximum but is facing pressure in the 3375-3400 zone. The market is bullish, but the dollar is consolidating. Traders are waiting for signals and stronger drivers... Gold resumes growth, approaching the $3400 level, amid a weakening dollar and falling US government bond yields. Key drivers: Trump's new threats of tariffs on Chinese goods and his attack on the Fed (removal of Lisa Cook) are undermining confidence in US assets (pressure on the dollar). Soft Fed rhetoric: Expectations of a September rate cut have strengthened after Powell's speech. Key risks: The dollar's recovery amid trade threats, US economic data may adjust rate expectations, and the escalation of the trade war supports demand for safe assets The short-term dynamics of gold will depend on the balance between the Fed's soft monetary policy and trade tensions. Resistance levels: 3379, 3400 Support levels: 3369, 3362, 3358 As part of the correction, the market may test local support zones located within the current trading range, after which gold may return to attack 3375-3379 to continue its growth towards 3400. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
18
BNBUSDT → Strong altcoin. Correction before growth.BINANCE:BNBUSDT.P , after forming an ATH, entered a correction, which may stop at 10-15%, after which the market may enter a recovery phase. The coin looks quite strong, especially against the backdrop of a bullish trend... BNB looks quite stronger than Bitcoin. While the flagship is forming a deep correction, the altcoin is testing local support within the bullish trend. BNB has quite positive dynamics. There is a strong bullish trend, the ATH has been updated, but a correction is forming, which is 8% of the permissible 30% (there is still room to move). The liquidity zone of 820-815 may serve as an area of interest. By the time the mirror level and strong area of interest are retested, Bitcoin may move into a recovery phase, which in turn will trigger growth in BNB. Support levels: 820, 816, 796 Resistance levels: 861, 884, 901 At the moment, the entire cryptocurrency market is in a downtrend. As part of this cycle, BNB may test support at 820-816. A false breakdown of support and consolidation above this level may indicate that bulls are interested in further growth. This could trigger a recovery within the main trend. Best regards, R. Linda!
Long
by RLinda
2
Gold Scenario – Following the Medium-Term UptrendGold Scenario – Following the Medium-Term Uptrend Hello traders, Gold continues to move in line with expectations. Price reacted at the Fibonacci 1.618 resistance, effectively completing a liquidity test. The 3368 zone now offers a reasonable area to consider long positions. With the previous ABC Elliott cycle complete, gold appears to be forming a new wave structure. Price is likely in wave 3 of the uptrend, pulling back slightly at the H4 descending trendline, before finishing with wave 5 breakout, which would also confirm the flag pattern forming on H4. Trading plan: Look to buy around 3368, with a strict stop placed below the previous swing low. Profit target: 3410 is a reasonable first take-profit. After that, expect a wave 4 correction, where short setups can be considered. The MACD remains supportive, holding above its average and confirming bullish momentum. At this stage, it’s all about finding the right entry and trading with discipline. This is my personal outlook for gold in the short to medium term. Use it as reference, and feel free to share your perspective in the comments so we can discuss further.
OANDA:XAUUSDLong
by BrianLionCapital
Bitcoin Reversal in Focus –Elliott Wave Signals Further DownsideBitcoin Reversal in Focus – Elliott Wave Signals Further Downside Hello traders, BTC has now broken firmly below a key support zone, confirming stronger short-side pressure and signalling the potential start of a medium-term reversal. The 112k level, which twice acted as firm support, has finally given way. With that break, the market is now looking lower, with Fibonacci Extension pointing towards 97k–98k as the next major downside objective. From an Elliott Wave perspective, price is in wave 3 of the decline and has not yet reached the corrective bounce expected for wave 4. The 105k region may provide temporary support, leading to a short-lived recovery, before a final wave 5 drop completes the structure towards 97k, or possibly 95k. That zone could present the next meaningful opportunity for medium-term longs. Momentum indicators support this outlook – the MACD shows both volume and averages pressing lower, reinforcing the bearish bias. I’ve highlighted the critical levels on the chart. Use them as guidance, but keep risk management tight and stay disciplined with your trading decisions. What’s your perspective on BTC here? Do you see 97k coming into play soon? Share your thoughts in the comments.
BINANCE:BTCUSDShort
by BrianLionCapital
Bitcoin – Bulls Hold the Edge After 110k BounceBitcoin – Trading Plan Update Hello traders, BTC has followed the scenario well, reacting strongly at 110.4k and bouncing higher. This level effectively cleared short-side liquidity, while the H4 candle failed to close below the 111.8k support. As such, long entries around 110k remain valid, with upside targets towards 115.5k. The bias stays on the long side as long as price does not confirm a decisive bearish break. Long positions remain in play until price moves firmly below 110k. For those who closed longs or missed the earlier move, watch for a retest of the FVG zone near 111.5k. If price reacts higher, fresh longs can be taken around 113k. Short opportunities may also arise at resistance levels near 115.5k and 117.2k. My BTC strategy continues to align with current market action. However, this is my personal view based on my trading approach. Always remain disciplined, manage risk, and follow your own plan. What’s your outlook on BTC at this stage? Share your perspective in the comments below.
BINANCE:BTCUSDLong
by BrianLionCapital
Gold – Weekly Opening UpdateGold – Weekly Opening Update Hello traders, Gold is holding steady after last week’s strong rally. As outlined in my earlier analysis, the metal has completed an ABC Elliott Wave structure, with wave C driving higher and achieving the projected target. As the new week begins, the market has opened quietly, with price consolidating around 3368. This suggests accumulation, with traders waiting for a clear signal before taking action. Gold has formed a minor resistance at 3359. If price breaks below this level, it could act as a short-term sell confirmation, with entries possible near 3366. Alternatively, if price holds or breaks last week’s resistance high, the outlook shifts towards longer-term buying opportunities. Even if a short plays out after 3359, the next significant buy zone sits near 3345, aligned with the ascending trendline. Price remains within the flag pattern, meaning trading is still revolving around major liquidity zones. On the D1 chart, the broader structure continues to favour the upside bias. Any short trades should be treated as scalping opportunities only, to maintain the highest accuracy. This is my personal outlook for Monday’s session. Stay disciplined, trade with structure, and manage risk effectively. What’s your perspective on gold at the start of this week? Share your thoughts in the comments so we can learn together.
OANDA:XAUUSDLong
by BrianLionCapital
GOLD → Correction before continuing distribution to 3400FX:XAUUSD entered a correction phase at the start of the session after Friday's rally, triggered by positive fundamentals... Gold is falling after Friday's rise, triggered by Powell's unexpectedly dovish comments in Jackson Hole. He confirmed the Fed's readiness to cut rates in September amid risks to employment and economic growth. The probability of a September rate cut has risen to 88%. Gold is correcting after a sharp jump, but the downside potential is limited. Market attention is focused on PCE inflation data this week Technically, the decline in gold prices may be temporary as the market continues to reassess the prospects for the Fed's dovish policy. The key factor will be Friday's PCE data, which will confirm or adjust expectations for an aggressive rate cut. Support levels: 3358, 3350, 3340 Resistance levels: 3375, 3405 The 3358-3350 area acts as a strong support zone, and it is also worth paying attention to the previously broken downward consolidation resistance. The market may test the support zone before rising, and a false breakdown and consolidation above the support level could have a bullish impact on the market... Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
25
BITCOIN → Market potential change. Chance for growth to 125K...BINANCE:BTCUSDT , after a false breakdown of support, which we had been preparing for in my last idea, with the support of dovish hints from Powell, soared from 112K to 117K. What's next??? After Powell's speech and the shift in the fundamental background to positive, BTC broke the local bearish structure, forming a rally to 117K. The market exhausted its potential and, against the backdrop of the approaching weekend and a decline in liquidity, entered a correction phase. However, the relatively positive fundamental background should be taken into account when making further decisions. Lower interest rates could support the market... Technically, after retesting the 112K zone and forming a false breakdown, Bitcoin changed market sentiment. The capture of liquidity and the breakdown of the local downward structure changes the technical situation in favor of buyers. Potential areas of interest could be 117.8, 120.27, and 125K Resistance levels: 117K, 117.86K, 120.27K Support levels: 114.6K, 111.9K If, during the correction, the bulls manage to keep the price above the upper limit of the local trading range, i.e. above the downward channel and above the 114.600 zone, then interest in buying may increase. The market has the potential to test the resistance of the global trading range... Best regards, R. Linda!
Long
by RLinda
35
Bitcoin – Medium-Term AnalysisBitcoin – Medium-Term Analysis Hello traders, BTC made a strong breakout recently, reacting precisely at the 117k level as anticipated. At the moment, price is undergoing a correction, clearing liquidity from last Friday’s bullish candle. The firm rejection at 117k suggests we should reassess the medium-term structure. The main scenario still favours the upside. The 113.4k zone is an attractive level for long entries, as buyers previously dominated this area and short-side liquidity remains in play. From a market psychology perspective, this could trigger short covering and push price towards 115.7k. A confirmed break above 117k would strengthen the medium- to long-term bullish outlook, opening the way for further long positions. Alternatively, if price reacts lower from 115.7k, it may offer a medium-term short opportunity. Should support at 111.7k give way, BTC could extend down to 110k, a level that has seen multiple strong rejections in the past and could provide a solid base for renewed long positions. This outlook is guided by support/resistance dynamics and major liquidity zones. Always trade with discipline and keep risk management as your priority. What’s your perspective on BTC right now? Share your thoughts in the comments so we can refine our strategies together.
BINANCE:BTCUSDLong
by BrianLionCapital