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Triangle

DOLLAR INDEX (DXY): Consolidation Ahead of FOMC Dollar Index weakens ahead of FED rate decision today. The market formed a symmetrical triangle pattern on a daily. A breakout of one of its boundaries after an interest rate decision announcement will accurately indicate a future direction of the market. ❤️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.
TVC:DXYLong
by VasilyTrader
1
GOLD → Sell-off due to uncertainty FX:XAUUSD is falling, the trend is downward, and we have confirmation of this. Profit-taking is leading to a decline, which is causing buyers to exit the market... Caution ahead of the Fed: Markets are pricing in a 25 bp rate cut, but the main thing is the tone of the statement and Powell's comments on further steps. The USD is not ready to continue its growth and is starting to look downwards. The US government shutdown continues, adding uncertainty, which supports gold. However, an important issue is the trade deal between the US and China; a positive outcome could put pressure on gold. Gold is balancing between hopes for a trade truce and risks from Fed policy. Support levels: 3895, 3820 Resistance levels: 3943, 3975, 4015 Since the opening of the session, the price has fallen by 2.3%, which is an intraday range. The 3900-3895 area may see a reaction in the form of a false breakdown and a correction to the imbalance zone before a possible further decline. Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
25
AUDUSD → Attempt to reverse the trend to bullish FX:AUDUSD is forming a correction after breaking through the resistance of the downward channel. The market needs a trading range or consolidation above 0.6526. The dollar is consolidating but is not ready to continue growing. Pressure on the currency is emerging ahead of the Fed meeting. This may support the growth of the Australian dollar. The currency pair is entering a distribution phase after consolidation. The breakout of 0.6526 triggered a break of the downward channel resistance. An attempt to change the trend is forming. If the bulls keep the price above 0.6526, this could trigger further growth. Resistance levels: 0.6567, 0.661 Support levels: 0.6526, 0.6493 At the moment, an attempt to change the trend has been initiated. Consolidation and distribution are a good sign, but above the previously broken trend line, a trading range should form, which will confirm the fact of a change in the local trend. Best regards, R. Linda!
Long
by RLinda
8
GRAPHITE INDIAGraphite India Ltd. (currently trading near ₹590.30) – Overview Headquartered in Kolkata, Graphite India Ltd. is one of India’s largest producers of graphite electrodes, catering primarily to electric arc furnace (EAF) steel producers. The company also manufactures calcined petroleum coke, impervious graphite equipment, and glass-reinforced plastic pipes. It operates manufacturing facilities in India and Germany, with exports contributing significantly to revenue. FY22–FY25 Snapshot • Sales – ₹2,950 Cr → ₹3,220 Cr → ₹3,480 Cr → ₹3,750 Cr Growth driven by global steel demand, electrode exports, and specialty carbon products • Net Profit – ₹410 Cr → ₹520 Cr → ₹610 Cr → ₹700 Cr Earnings supported by pricing recovery, cost optimization, and improved utilization • Operating Performance – Moderate → Strong → Strong → Strong EBITDA margins improving with better realizations and raw material cost control • Dividend Yield (%) – 1.20% → 1.30% → 1.40% → 1.50% Consistent payouts; balance maintained between shareholder returns and reinvestment • Equity Capital – ₹195.66 Cr (constant) No dilution; strong balance sheet with high reserves • Total Debt – ₹120 Cr → ₹100 Cr → ₹80 Cr → ₹60 Cr Gradual deleveraging supported by internal accruals and export cash flows • Fixed Assets – ₹1,650 Cr → ₹1,700 Cr → ₹1,750 Cr → ₹1,800 Cr Capex focused on electrode capacity, specialty carbon, and environmental upgrades Institutional Interest & Ownership Trends Promoter holding stands at ~65.2%, with no pledging. FIIs and DIIs have selectively accumulated Graphite India citing its global exposure, margin recovery, and carbon transition relevance. Delivery volumes reflect long-term positioning by steel, infrastructure, and ESG-focused funds. Business Growth Verdict Graphite India is scaling across electrodes, specialty carbon, and industrial equipment Margins improving via pricing recovery, cost control, and export leverage Debt is declining steadily with strong operating cash flows Capex supports long-term competitiveness and environmental compliance Management Highlights • FY25 electrode volumes up 12% YoY; specialty carbon gaining traction • German subsidiary performance improved; new export contracts secured • R&D spend at ₹85 Cr; 5 new SKUs launched in industrial carbon and GRP pipes • FY26 Outlook: 8–10% revenue growth, margin retention, PAT expected to cross ₹800 Cr Final Investment Verdict Graphite India Ltd. offers a global industrial play built on graphite electrodes and specialty carbon solutions. Its improving profitability, disciplined capital structure, and export-led growth make it suitable for accumulation by investors seeking exposure to steel-linked consumables and carbon transition themes. With strong execution, global reach, and margin recovery, Graphite India remains a durable value creator in the mid-cap industrial space.
NSE:GRAPHITELong
by TechnicalAnalystSucrit
NIFTY | Twin Bullish Patterns Signaling Market ConfidenceNIFTY | Dual Bullish Pattern on 15-Minute Timeframe This is the 15-minute timeframe chart of NIFTY. NIFTY is currently forming two bullish patterns — a triangle pattern and a falling flag pattern. If the triangle pattern support breaks, the next strong support lies near the ₹25,550–₹25,600 zone, aligned with the lower boundary of the falling flag. As long as this support zone holds, NIFTY is likely to resume its upward momentum, potentially heading toward a new high in the ₹26,250–₹26,300 range. Thank You !!
NSE:NIFTYLong
by FiveCircles
AEROFLEX | Bulls Taking Charge from SupportAEROFLEX INDUSTRIES | Power Reversal from Support Zone This is the weekly and daily timeframe chart of Aeroflex Industries. The stock is holding a strong long-term support zone near the ₹160–₹170 range. It has formed a symmetrical triangle pattern around the support area, with pattern resistance near ₹210. On the daily timeframe, the stock is also trading within a broadening wedge pattern, showing support around ₹170 and resistance near ₹210. If the support zone sustains, we may witness higher price action in the coming sessions, potentially leading towards the pattern breakout target. Thank you.
NSE:AEROFLEXLong
by FiveCircles
XAUUSD: Bullish Reversal Setup From Triangle SupportHello everyone, here is my breakdown of the current Gold setup. Market Analysis Gold (XAUUSD) continues to trade within a larger bullish market structure, maintaining higher lows above its key ascending Trend Line. After a strong impulsive rally that pushed the price above the 4,200 resistance, the market faced rejection near the top of the Range and entered a corrective phase. This correction evolved into a triangle pattern, with price now testing the Triangle Support Line, aligning closely with the horizontal Support area around 4,020 – 4,000 — a historically important demand zone. Currently, the price is consolidating near the lower boundary of this structure, showing early signs of stabilization. This region also coincides with the previous breakout point, adding further confluence for potential buyer interest. My Scenario & Strategy I expect the price to hold above the Triangle Support Line and form a bullish reversal structure, signaling that buyers are once again defending this level. A confirmed breakout above the Triangle Resistance Line would indicate renewed bullish momentum and a potential continuation of the overall uptrend. My primary target zone lies around 4,215, where previous resistance and the upper range boundary converge. However, if the support near 4,000 fails to hold, it could trigger a deeper correction toward 3,950, where the next demand zone is located. This setup offers a favorable risk-to-reward opportunity for traders anticipating a rebound from a major technical confluence zone. That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
FOREXCOM:XAUUSDLong
by Ratner
7
USD/CNH Break Lower Could Target 7.0000Is a possible reset in relations between the world’s two most powerful nations about to see the Chinese yuan strengthen sharply? USD/CNH is coiling in a descending triangle formation, and the risk of a break lower is arguably increasing—even if the reset proves short-lived. After breaking beneath the 50-day moving average on August 28, USD/CNH tried twice to reclaim the level earlier this month but failed to sustain the move. The pair has since resumed its push lower, leaving it teetering on support at 7.1000 today. The last time USD/CNH attempted to break beneath this level, it triggered a sharp reversal, printing a hammer candle on the daily chart that marked the start of a squeeze higher. While that move failed, this one may have more success, arriving just before a likely trade deal between the U.S. and China on the sidelines of the APEC summit in South Korea later this week. There’s always the risk the framework could unravel quickly, but the backdrop screens as supportive for the yuan: the Fed is widely expected to cut rates again while retaining a dovish bias, and risk appetite is strong across Asia. Given the triangle pattern, a close beneath 7.1000 may spark a fresh wave of selling, putting the pair on track for a possible move toward the psychologically important 7.0000 level, based on the height of the triangle. Shorts could be considered below 7.1000 with a stop above, targeting the September 17 low of 7.0850 initially. Beneath that, price action at 7.0600 and 7.0400 may provide clues as to whether the ultimate target of 7.0000 is likely to be reached. Momentum indicators are generating strengthening bearish signals. RSI (14) is trending lower below 50 but is not yet oversold. MACD has confirmed by staging a bearish crossover of the signal line in negative territory, indicating downside pressure is building. Good luck! DS
Short
by FOREX.com
Potential Continuation Patterns in AlibabaAlibaba rallied in September. Now, after a pullback, some traders may see potential for continuation. The first pattern on today’s chart is the advance between August 22 and October 2. The Chinese e-commerce giant stabilized after retracing half the move, which may suggest its direction remains upward. Second, you have the series of higher lows since October 10 with prices mostly trapped below $173. That ascending triangle may be viewed as a bullish continuation pattern. Third, the 8-day exponential moving average (EMA) has remained above the 21-day EMA. Next, stochastics are rebounding from an oversold condition. Finally, BABA is an active underlier in the options market. That could help traders take positions with calls and puts. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. Options trading is not suitable for all investors. Your TradeStation Securities’ account application to trade options will be considered and approved or disapproved based on all relevant factors, including your trading experience. See www.TradeStation.com . Visit www.TradeStation.com for full details on the costs and fees associated with options. Margin trading involves risks, and it is important that you fully understand those risks before trading on margin. The Margin Disclosure Statement outlines many of those risks, including that you can lose more funds than you deposit in your margin account; your brokerage firm can force the sale of securities in your account; your brokerage firm can sell your securities without contacting you; and you are not entitled to an extension of time on a margin call. Review the Margin Disclosure Statement at www.TradeStation.com . TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:BABA
by TradeStation
1
Ethereum in Symmetrical Triangle – Next Big Move Coming?Let’s take a look at Ethereum ( BINANCE:ETHUSDT ) on the 4-hour timeframe . Recently, Ethereum dropped by over -20% during the latest crypto market sell-off but has since started to recover. Right now, it appears to be in a corrective pattern, moving inside a Symmetrical Triangle Pattern . Currently, Ethereum is testing a Heavy Support zone($4,107-$3,860) , and a break below that zone, confirmed by breaking the lower lines of the symmetrical triangle , could signal further downside. Note: In general, a Symmetrical Triangle is a continuation pattern, and since the prior trend was downward, we might expect more downside if the broader crypto market continues to decline. Before concluding, let’s also glance at the ETHBTC ( BINANCE:ETHBTC ) pair on the daily timeframe . It looks like ETHBTC has been in a downtrend and might revisit its support zone once more. That suggests if Bitcoin declines, Ethereum could see even more pressure . In conclusion, I expect Ethereum to drop at least to its Support lines and Support zone($3,532-$3,436) after breaking the lower lines of the symmetrical triangle. There's also a CME Gap($3,461-$3,417) that might get filled. Note: Keep in mind that weekend trading volumes are often lower, so the breakdown might not happen immediately. However, if tensions between the US and Venezuela escalate, we could see a sharper reaction even over the weekend. First Target: $3,764 Second Target: $3,597 Stop Loss(SL): $4,044 Cumulative Short Liquidation Leverage: $4,182-$4,114 Cumulative Long Liquidation Leverage: $3,697-$3,3654 Please respect each other's ideas and express them politely if you agree or disagree. Ethereum Analyze (ETHUSDT), 4-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
17
GOLD → A psychologically important level of $4,000 lies aheadFX:XAUUSD continues to correct, unable to consolidate above $4,100, with the 4K mark ahead. Pressure is intensifying due to hopes for a trade deal between the US and China, as well as profit-taking ahead of the Fed's decision on interest rates... Key factors: Progress in trade negotiations: the US has withdrawn the threat of 100% tariffs, and China may support the situation. Thursday's meeting between Trump and Xi Jinping increases the chances of a deal. Bets on two rate cuts in 2024 are almost fully priced in. US inflation (3% y/y) was lower than forecast (3.1%), but did not change expectations. The correction may continue if the positive backdrop for the trade deal remains. The Fed's decision on Wednesday will be a key catalyst. Technically, the 4K zone is ahead, and it is too early to talk about a break of this support, as we do not know how the market will react. However, at the moment, the price is in the range of 4000-4163, and from a technical analysis point of view, it is logical to consider a false breakdown and a pullback. Support levels: 4000, 3975, 3944 Resistance levels: 4060, 4090, 4163 As part of the decline, the market may test one of the specified zones: 4000, 3975, 3944. However, since a liquidity pool has formed below 4K, the reaction to the psychological support level may be aggressive. It is important to monitor the situation, as closing below 4K and consolidating below a strong level could trigger a further decline. Otherwise, if the bulls manage to hold their ground above 4K and bring the price back above 4050, the market may have a chance to grow. Best regards, R. Linda!
FX:XAUUSD
by RLinda
11
XRPUSDT → Pre-breakout base. Are the bulls back?BINANCE:XRPUSDT is attempting to break through the resistance of the trading range as part of a bullish run across the entire market. There is a chance that a breakthrough could form after a pullback... The market is gradually buying back the liquidation that occurred on October 10. Bitcoin is breaking the structure, which indicates a possible return of the bulls. This sets a positive tone for the cryptocurrency market. XRP is testing resistance and entering a consolidation phase. The trigger that could provoke growth is 2.661. However, as part of the consolidation, the market may test support before growth in order to hunt for liquidity. Resistance levels: 2.661, 2.739 Support levels: 2.587, 2.547, 2.500 Since the opening of the session, the market has formed a fairly strong momentum, and at the beginning of the European trading session, a correction may form before the growth continues. As part of the correction, XRP may form a pullback to 2.587 - 2.500. Best regards, R. Linda!
Long
by RLinda
2
GOLD → Technical analysis of the current situation FX:XAUUSD is consolidating, and the daily market behavior pattern is not particularly positive, but it does have bullish implications. Market sentiment largely depends on the fundamental background This week, the Fed is expected to hold a meeting on interest rates, where it will most likely decide to lower them, which could generally support the dollar (but this news is most likely already priced in). Accordingly, the rest depends on decisions regarding the shutdown, trade war, and inflation. The resolution of the first two issues may weaken the price. As for the technical side, since the price is currently within the trading range, it is worth considering trading within these limits first. However, a breakout and closing above/below one of the key levels: 4060 - 4150 could trigger further movement in the direction of the breakout, which in turn could push the price into another (bearish or bullish) trading range. Below, there is the 4000 zone, and there is a possibility of a retest of this area, with a potentially aggressive reaction. Resistance levels: 4150, 4218, 4275 Support levels: 4060, 4015, 3944 While uncertainty remains, the market may continue to hold the price between 4060 and 4150. Another retest of the range boundary and the reaction to this retest will show the market's intentions for further movement. Best regards, R. Linda!
FX:XAUUSD
by RLinda
13
SOLANA → Consolidation before resistance. An attempt at growth?BINANCE:SOLUSDT.P is testing the resistance of the trading range, with pre-breakout consolidation forming, indicating that buyer interest in the coin is emerging. Bitcoin looks positive, which sets a positive tone in the market. Solana is testing the resistance of consolidation at 194.50; a breakout and close above this level could trigger a distribution to 210. Focus on local consolidation at 191-195. Before attempting to break through resistance, the coin price may test the zone of interest at 191 - 188.7. A false breakout could cause a shift in market potential in favor of the buyer, which in turn could trigger a breakout of 195 and growth. Resistance levels: 194.5, 209 Support levels: 190.1, 188.7 A retest of resistance, consolidation after growth, and no reaction to bears are positive signs that a breakout attempt may be realized. A close above 194.5 - 195.0 would be a good sign for growth. Sincerely, R. Linda!
Long
by RLinda
9
Bitcoin Forms Head and Shoulders — Correction 107,500 in PlayHello traders! I’d like to share my view on the current market structure for Bitcoin. After a prolonged period of bullish momentum and multiple impulsive rallies, the market has entered a corrective phase. The price action has formed a clear Head and Shoulders pattern beneath the major resistance zone near 121,700, signaling growing selling pressure. Currently, BTC is trading within a short-term descending structure, staying below both the resistance line and the Seller Zone. The recent rejection from the right shoulder area confirms that sellers remain in control, and the market is now moving toward the Buyer Zone, located around 107,500.In my opinion, this movement represents a continuation of the ongoing correction rather than a full trend reversal. I expect the price to decline into the Buyer Zone, completing the right shoulder and reaching the TP1 target near 107,500. If the market finds strong support in this demand area and forms a confirmed reversal structure, it could mark the end of the corrective phase and initiate the next major bullish leg. A successful bounce from this level would open the way for a potential rally back toward the 114,000–115,000 resistance range.This setup provides a clear trading plan — I remain bearish in the short term, looking for a potential bullish reversal from the lower boundary of the structure. Please share this idea with your friends and click Boost 🚀
THINKMARKETS:BTCUSDShort
by LegionQ8
22
EURUSD – Range Retest Could Trigger New Sell WaveHello traders, I want to share my view on EURUSD. The market recently formed a descending wedge pattern after breaking down from the previous range structure, which dominated price action for a long time. The breakout from this wedge occurred after the pair reached the major support zone around 1.1560, triggering a minor upward correction. At the moment, the price is testing the lower boundary of the previous range, which has now turned into a strong resistance zone around 1.1660. This level coincides with the confluence of a horizontal resistance and the descending trendline, creating a potential supply area. Despite the small bullish reaction from support, the overall market sentiment remains bearish. Buyers have not shown sufficient momentum to push price above the resistance, suggesting that this movement is likely a corrective pullback within a broader downtrend. In my view, the 1.1660 area will act as a ceiling, and the pair is likely to resume its decline toward the 1.1560 demand zone. A confirmed rejection from this resistance could open the path for a new bearish leg, potentially targeting even lower levels if sellers maintain control. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
14
Ethereum (ETH) — Symmetrical Triangle Formation1. Validity of the pattern A symmetrical triangle is a neutral continuation (or sometimes reversal) pattern: price makes lower highs and higher lows, squeezing into the apex. Important for you: verify that each “touch” of the trendlines is clean (price reacts at the lines, shows rejection or bounce) — this gives the pattern structural credibility. On the chart, “multiple clear reactions from both boundaries”. Also note: the longer the duration of compression (here many weeks), the greater the potential breakout move. Good for you because you prefer swing trading supported by structure. 2. Entry strategy For a bullish scenario: wait for confirmation of a breakout above ~$4,265. This could be for example a daily close above that trendline / resistance level, or a strong candlestick close + volume spike. For a bearish scenario: wait for a confirmed breakdown below ~$3,640 (lower trendline + support) with follow-through. Because you emphasise risk management: Place a stop‐loss maybe just outside the triangle boundary (above resistance for short, below support for long), depending on direction. 3. Risk/Reward & Targeting The analyst’s target ~$4,720 (for the breakout) gives a potential ~10%+ move from ~$4,265. That’s decent for a swing. On the downside, target ~$3,300 from ~$3,640 gives ~10%+ also. For you: calculate your risk (distance to stop-loss) vs reward (distance to target) and only take the trade if the ratio is acceptable (e.g., 1:2 or better). Given you also do scalping, you could also watch for a smaller move out of the triangle if the breakout slows, or for a retest of the breakout zone. 4. Context & confirmation Patterns don’t always work. Use other confirmations: volume increase on breakout, maybe RSI divergence, or a candlestick structure (hammer, engulfing etc) at breakout. Also consider macro / crypto‐market context: Are news, fundamentals, sentiment aligning with a bullish or bearish breakout? Since you’re also into institutional footprints and liquidity zones: check if the breakout happens near a major liquidity level or order‐block; sometimes institutions will trap retail before the move. 5. Your action plan (for your “advanced path” mindset) Mark the triangle on your charting software (e.g., MetaTrader 5 if you’re using it for crypto via feed, or a dedicated crypto charting platform). Set alerts at ~$4,265 and ~$3,640 for price crossing these levels (you can add a buffer e.g., 1-2%). Prepare two trade plans: Plan-A (Bull): Entry after breakout above $4,265, stop-loss maybe ~$4,000 (for example), target ~$4,720 + beyond. Plan-B (Bear): Entry after breakdown below $3,640, stop-loss maybe ~$3,800, target ~$3,300. ⚠️ Risks & caveats Breakouts from triangles often see retests of the breakout line. Beware false breakouts (fakeouts). Crypto markets (and especially ETH) can be volatile and news/whale moves can override chart structure. Always manage capital accordingly. The triangular pattern suggests the range is narrowing: less room inside means bigger explosion once it exits — but also more risk of whipsaw. As this is a self‐published chart by an analyst (not guaranteed) — always do your own research.
BITSTAMP:ETHUSD
by MBharatKumar55
EURGBP Aiming For 2023 Highs Or 2024 Lows?!?Here on OANDA:EURGBP , Price has been ranging relatively closely for the past couple months which seems to have begun to form an Ascending Triangle underneath a potentially strong Resistance Zone that formed Fall of 2023! Now Ascending Triangles, over time, continue to rise Price into an area of Resistance until which that zone can no longer hold the Buying Pressure building up underneath and leads to a Bullish Breakout of the Horizontal Resistance zone. Once Validated, this Price Action can lead to Long Opportunities as a Breakout and Retest of that Resistance Zone to which traders will want to see if it turns Support! Statistics also show that Triangle Patterns tend to fail 1/3 of the time, so we must also consider the possibility that the Selling Pressure that could be at the Horizontal Resistance Zone helping form the Ascending Triangle, could overcome Bulls, creating a False Breakout and push Price down using the Rising Support of the Ascending Triangle as a potential Shorting Opportunity. Now both Scenarios have Price Targets at the next levels of Resistance or Support depending upon which way we get a Breakout! **Waiting for a Valid Breakout of a pattern can raise the success rate immensely! Patience Pays.
by Novi_Fibonacci