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XRPUSD → Will the rate meeting be a bullish driver for altcoins?BINANCE:XRPUSDT.P is consolidating above the previously broken boundary of the descending triangle formed within the bullish trend. Important news is ahead—the Fed's meeting on interest rates, which is highly likely to become a bullish driver for the cryptocurrency market. The daily structure of the XRP market looks promising. The price is not updating global lows, is staying within the boundaries of the uptrend, and at the same time is breaking through the resistance of the downward correction, trying to consolidate above the fairly strong support level of 2.9535. But the market is waiting for a driver, namely fundamental background. If this background strengthens after Powell's speech, Bitcoin and altcoins may strengthen, including XRP. However, the fundamental background largely depends on the overall mood of the Fed and its comments. The market has already priced in an interest rate cut, as this is predictable given the economic data. But traders will be watching Powell's tone and how dovish or hawkish his view of the situation is. Support levels: 2.9535, 2.8853 Resistance levels: 3.0577, 3.155, 3.359 Technically, at the moment, I am considering a scenario of a retest of support and the formation of a long squeeze at 2.9535 - 2.8853 against the backdrop of increased news volatility (manipulative nature). However, if this does not happen, the focus will be on 3.0577, and a close above this level could trigger further growth. Best regards, R. Linda!
Long
by RLinda
6
EUR/JPY: Triangle Tension Nears BoilBanging up against resistance within an ascending triangle, traders should be on alert for a possible bullish breakout in EUR/JPY. A clean break above 173.90 could see longs established with a stop beneath for protection, looking for either 174.50 or the July 2024 swing high of 175.42, depending on desired risk-reward from the setup. Slight negative divergence with RSI (14) is a minor concern, although the message is still one that favours upside over downside, especially with MACD trending further into positive territory having already crossed the signal line from below. While longs are favoured, if the pair can’t clear 173.90, the setup could be flipped with shorts established beneath the level with a stop above for protection. Possible targets include uptrend support/50DMA along with minor support levels at 172.13 or 171.00. Good luck! DS
by FOREX.com
EURUSD Wave Analysis – 16 September 2025- EURUSD broke key resistance level 1.1835 - Likely to rise to resistance level 1.2000 EURUSD currency pair recently broke above the key resistance level 1.1835 (which stopped the previous impulse wave (5) at the end of June, as can be seen below). The breakout of the resistance level 1.1835 was preceded by the breakout of the daily Triangle from July, which accelerated the active impulse wave (3). Given the clear daily uptrend, EURUSD currency pair can be expected to rise to the next round resistance level 1.2000, target for the completion of the active impulse wave (3).
Long
by FxProGlobal
GBPCAD - 6 months ASCENDING TRIANGLE══════════════════════════════ 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.
Long
by TheArtOfCharting
HLMA - 4 months ASCENDING TRIANGLE══════════════════════════════ 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.
LSE:HLMALong
by TheArtOfCharting
8630 - 7 months ASCENDING TRIANGLE══════════════════════════════ 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:8630Long
by TheArtOfCharting
Tesla’s Breakout Test: Impulse or Fakeout?Tesla’s recent price action is stirring interest again, not just for retail traders but also for chart technicians who track Elliott Wave structures across global equities. After a deep corrective phase that carried price down from 488.54 to 217.02 , Tesla has been carving out a multi-layered corrective structure. Here’s the breakdown: Wave W completed into 217.02 , marking a sharp low. This was followed by a complex X wave , which included an expanded flat where the B-wave unfolded as a triangle — a rare but valid corrective formation. Wave Y then ended with a contracting triangle, neatly completing the W–X–Y correction near 297.82 . From that point, Tesla appears to have begun an impulsive sequence: Wave 1 and 2 are already visible, with the 297.82 low as the key invalidation level. A decisive break and close above 367.71 would confirm the onset of Wave 3, targeting 397.38 (1.618× Wave 1). Momentum is supporting the structure: RSI has reclaimed the 50 level, hinting at renewed strength. What Next? If the count holds, Tesla could be in the early stages of a larger impulsive rally, with Wave 1/A projecting toward the 400–420 zone . However, traders should remember that breaking below 297.82 invalidates the impulsive outlook and revives the broader corrective scenario. Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
NASDAQ:TSLALong
by WaveXplorer
EURUSD – Bullish Technical Outlook Still Intact👋Hello everyone, what do you think about the trend of FX:EURUSD ? As of now, EURUSD is moving as expected, with the pair trading around 1.174 at the start of the week. EURUSD is approaching a significant resistance zone around 1.1800, with the first target at 1.176 already tested. From a technical standpoint, the pair is in a clear uptrend, supported by the trendline and two EMA lines, with strong bullish momentum in play, following the trajectory of an Ascending Triangle pattern. The target to break through remains 1.1800. If the price breaks this level, we could see the next leg of the rally towards 1.1900 or even higher. Watch for a solid confirmation before entering the trade for a safer position. What do you think about EURUSD? 💬Share your thoughts in the comments! Good luck!
Long
by Kevinn_Nguyen
18
GOLD → Testing 3700. What to expect from the price going forwardFX:XAUUSD continues to rally. Ahead lies the psychological barrier of 3700, where the market may form profit-taking ahead of Tuesday and Wednesday's news... Gold is testing 3700. The bullish trend remains unshakable thanks to a combination of macroeconomic and geopolitical factors. Expectations of Fed policy easing: There is a high probability of a 25 bps rate cut (possibly even 50 bps) as early as this week. Trump's pressure on Powell reinforces these expectations. Stagflation risks: Slowing growth amid steady inflation increases the appeal of gold as a hedge. Risks: Profit-taking: After a sharp rise, a short-term correction is possible in the psychological target zone of 3700. Retail sales data (today): Weak data will support gold, while strong data may temporarily strengthen the dollar. Fed decision (tomorrow): Even if the rate is lowered, a “sell on the fact” reaction is possible. Resistance levels: 3700, 3710 Support levels: 3685, 3675, 3657 Technically, since the opening of the session, gold has lost part of its daily ATR, and the upward movement may be zigzag-shaped, especially ahead of the news. I expect a correction from the market to 3685-3675 with the aim of rebounding upwards... Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
29
GBPJPY → Ascending triangle on an upward trend...FX:GBPJPY is attempting to break through the resistance of the ascending triangle consolidation pattern amid the strengthening of the pound sterling, driven by expectations of interest rate cuts... The currency pair is breaking through consolidation resistance amid the growth of the pound sterling. The driver is the expectation of positive news... An attempt to break through resistance is forming, with bulls forming a cascade of support and a local uptrend. If the price closes above 200.27, it will be able to move into a distribution phase. Resistance levels: 200.27, 200.75 Support levels: 200.06, 199.65 Technically, the chart looks quite strong and aimed at continuing the uptrend. If the bulls can consolidate above the specified level of 200.0 - 200.27, then overall we will see a growth phase. Above the current levels, there is a free zone, and up to 208.0, there are practically no obstacles except for local levels that are not capable of reversing the trend... Best regards, R. Linda!
Long
by RLinda
5
EURUSD: Bounce from Triangle Support LineHello everyone, here is my breakdown of the current Euro setup. Market Analysis From a broader perspective, EURUSD has been in a long phase of accumulation, which has formed a large Upward Triangle. This pattern is defined by a flat horizontal resistance at the 1.1770 level and a rising support line, showing that while sellers are holding the highs, buyers are progressively becoming more aggressive on each pullback. Currently, the price is in a corrective pullback phase within this triangle. It is now approaching the ascending support line, a key dynamic level that has consistently provided a floor for the price during this entire consolidation period. My Scenario & Strategy My scenario is built on the expectation that this Upward Triangle will resolve to the upside, in line with its classic technical interpretation. I'm looking for the price to complete its dip and find strong support on the triangle's support line. The key event would then be a decisive breakout above the 1.1770 Resistance. Therefore, the strategy is to watch for this bounce as the entry trigger. A confirmed breakout above the Resistance Zone would validate the long scenario. The primary target for the subsequent expansion is 1.1820, a logical measured move objective after such a prolonged consolidation. That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
Long
by Ratner
2
Euro will reach seller zone and then start to fallHello traders, I want share with you my opinion about Euro. The market for the Euro is currently positioned at a critical inflection point, as a prolonged period of consolidation appears to be nearing its resolution. After transitioning from a prior downward channel, the price action for EURUSD has been contained within a large symmetrical triangle, a pattern of contracting volatility. This structure has been defined by a clear descending resistance line and an ascending support line, anchored by the major seller zone and the buyer zone. At present, the asset has rallied from the support line and is now directly testing the upper boundary of this triangle. This area represents a powerful confluence of resistance, where the dynamic trendline meets the horizontal seller zone near the 1.1730 Resistance Level. The primary working hypothesis is a short, rotational scenario, based on the expectation that this resistance will hold. A confirmed rejection from this 1.1730 - 1.1750 area would validate the integrity of the triangle and signal that another major swing to the downside is underway. Therefore, the TP is logically placed at 1.1620 поинтов, a key target located in a high-liquidity area on the path towards the main 1.1575 support level. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
13
HBARUSDT → Correction before the rally...After strong growth from the 0.14 zone, BINANCE:HBARUSDT HBAR updated its maximum to 0.30 and entered a correction phase, testing the intermediate and strong support level of 0.2300. A false breakdown has formed, and price consolidation above the key zone could trigger another rally. HBAR currently has two key levels: 0.243 and 0.2337. The bulls are trying to keep the correction at the upper support level. However, there is a huge pool of liquidity hidden behind 0.2337, which could be tested (before growth resumes) if 0.243 fails to hold the price. Locally, the coin is breaking the structure of the downward correction (consolidation in a bull market) and is trying to consolidate above support (in the zone of interest). The end of the current correction phase may lead to a resumption of distribution. Support levels: 0.2432, 0.2337 Resistance levels: 0.2547, 0.26, 0.2763 The formation of a bullish structure relative to 0.2432 will confirm the presence of an interested, large buyer. This could trigger strong growth. Otherwise, I will wait for a retest of 0.2337, from where I will look for an opportunity to open long positions with the aim of medium-term growth. Best regards, R. Linda!
Long
by RLinda
4
ETHUSDT → Correction and hunt for liquidity ahead of growth BINANCE:ETHUSD is showing positive dynamics and breaking through the resistance conglomerate (consolidation boundary and downward correction line). The fundamental background is positive, and bulls are generally quite confident... The cryptocurrency market, Bitcoin, and altcoins are awaiting a batch of positive news. Traders are waiting for interest rates to fall, which could attract additional capital to the cryptocurrency market, especially ETH. The breakout of the correction resistance and consolidation resistance gives the market hope for growth. The global trend is bullish, and the fundamental background is positive. If the bulls hold their defense above 4488-4450, ETH may strengthen. Resistance levels: 4661, 4783 Support levels: 4488, 4450 Technically, I expect a false breakdown of support (retest of the liquidity zone). If this maneuver ends with the price closing above 4488 and the formation of a confirming bullish pattern, then in this case, we can consider the continuation of growth. Sincerely, R. Linda!
Long
by RLinda
28
GOLD → Consolidation before continuing growth to 3700 FX:XAUUSD resumed its growth on Friday, approaching the $3,650 level, amid growing expectations of aggressive Fed rate cuts and geopolitical risks. The metal remains near record highs and is poised for a fourth consecutive week of gains. Key drivers: Probability of a 25 bp rate cut on September 17 — 92%, chance of a 50 bp cut — 8%. Markets are expecting three cuts in 2024. US plans to impose new tariffs on India and China are supporting demand for safe havens. Gold remains in a bullish trend. The weak US economy and geopolitics are pushing it to new highs, but profit-taking at current levels is possible. There is no news today, so trading may be relatively calm. Technically, if the price does not retest 3738 but begins to consolidate near 3657 and attempts a breakout, the chances of continued growth will increase. Support levels: 3638, 3630 Resistance levels: 3649, 3657 I expect the market to reach the liquidity zone of 3638 before returning to retest the trigger. However, if MM deems this maneuver unnecessary and forms a trading range between 3657 and 3649, then closing above 3657 could lead to another bullish distribution. Sincerely, R. Linda!
FX:XAUUSDLong
by RLinda
13
LTCUSDT – Quick Triangle Scalping OpportunityTimeframe: 5M/15M | Bias: Bullish (1H) Hey traders! 👋 Looks like LTC is forming a neat triangle pattern on the 5M/15M chart. Support is holding strong and momentum is picking up – all signs pointing to a potential quick move upward! 🎯 Target: Watch for a breakout toward our TP. Could skyrocket… or maybe not 😅 – let’s see how it plays out! 📌 Note: Keep an eye on support levels and trade responsibly. Quick scalps can be exciting but stay flexible! Let’s go! 💪💎
Long
by minno91