EUR/USD | Triangle Formation |EUR/USD – Symmetrical Triangle Formation | Elliott Wave Count (ABCDE)
Price action is currently developing within a symmetrical triangle pattern, with waves a–b–c–d–e in play.
Demand Zone (Buyers Zone): Price recently tapped into demand, showing bullish reaction.
Supply Zone 2 (1.1687): Acts as a key resistance level for short-term targets.
Wave Structure: The market is respecting Elliott Wave triangle formation, suggesting a possible bullish breakout after wave e completes.
Plan: Expect consolidation within the triangle before a potential push toward 1.1687. Break and close above may confirm continuation; failure could lead to retest of lower support levels.
📊 This setup aligns with both Elliott Wave theory and supply-demand dynamics, offering clear short-term trading opportunities.
Triangle
Alibaba Group Wave Analysis – 2 September 2025
- Alibaba Group broke resistance level 135.00
- Likely to rise to resistance level 147.70
Alibaba Group recently broke the resistance level 135.00 (former monthly high from May), which was preceded by the breakout of the resistance level 127.60 (top of wave i from August).
Before breaking these resistance levels Alibaba Group broke the extended daily Triangle from March.
Alibaba Group can be expected to rise to the next resistance level 147.70, the former multi-month high from March.
RELIANCE: 1300 Median – A Weekly Pivot PointRELIANCE: 1300 Median – A Weekly Pivot Point
Reliance is exhibiting price action within a broad ascending channel, bordered by a clear Trendline Resistance and Trendline Support on the weekly chart.
The 1300- Median Range acts as a significant pivot point, with the stock repeatedly finding support or resistance at this level.
The price has recently bounced from the ascending Trendline Support, indicating sustained buying interest at lower levels within the channel.
A decisive break above the Trendline Resistance would signal further bullish momentum, while a failure to hold the Trendline Support could lead to a test of the 1000 Key Long-term support zone.
Disclaimer
The information provided in this chart and accompanying analysis is for educational and informational purposes only. It does not constitute investment advice, recommendations, or an offer to buy or sell any financial instrument.
Important: I am not a SEBI registered Investment Adviser or Research Analyst. The views expressed herein are purely personal observations for educational purposes and should not be construed as professional financial guidance.
Trading and investing in financial markets involve substantial risk, including the potential loss of principal, and are not suitable for every investor. You should carefully consider your financial situation, risk tolerance, and investment objectives, and consult with a qualified, SEBI registered financial advisor before making any investment decisions.
The creator of this chart does not guarantee any specific outcome, profit, or loss, and is not responsible for any direct or indirect losses incurred as a result of using this information. Past performance is not indicative of future results.
This chart has been created for my own personal improvement in Trading and Investment Analysis. Always conduct your own thorough analysis and due diligence before making any investment or trading decisions. Use this information at your own risk.
WLFIUSDT → Liquidation of hamsters before the rally to 0.3300BINANCE:WLFIUSDT.P is Trump's project. This relatively new coin is demonstrating aggressive and manipulative trading, but there are key areas on the chart that can be used as a guide...
We all know about the manipulative games of Trump's projects ;) and this can be used in trading... The WLFI coin has growth potential, but we need to wait for confirmation. Technically, this is a rather aggressive and manipulative game. A sharp drop and liquidation of all “hamsters” to the 0.25 - 0.20 zone. However, the price has stopped updating lows, volatility is decreasing (consolidation). If the price returns to the range, there will be potential for growth. At the moment, the price is not allowed to fall, consolidation is forming, with resistance at the 0.2521 trigger. The market is testing this trigger... At the same time, Bitcoin is strengthening and may support altcoins...
Resistance levels: 0.2521
Support levels: 0.2250, 0.2042
Technically, if the local structure does not break down and the price continues to storm 0.2520 - 0.255, this could lead to a return of the price to the trading range, which would open up the possibility of growth to 0.33.
The structure will break if the price breaks through the support level of 0.225 - 0.22.
Best regards, R. Linda!
NQ1! 4H Technical SnapshotNQ1! 4H Technical Snapshot
NQ1! is currently consolidating within a symmetrical triangle formation on the 4-hour timeframe.
The price is testing the Fib Golden Level (50-61.8% retracement) along with the ascending trendline, which serves as immediate confluent support.
The descending trendline above has acted as resistance, limiting upside momentum and defining the upper boundary of this consolidation.
Should current support break, further downside targets include the 'Good Support' zone around 23,000-23,100, followed by the 'Key Support' area near 22,800-22,900.
Disclaimer:
The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.
GSFC | Buy @LTP | SL below 195 | Targets 265, 300GSFC | Buy @LTP | SL below 195 | Targets 265, 300
Disclaimer:
This is not financial advice. Please do your own research or consult with a financial advisor before making any investment decisions. Investments in stocks can be risky and may result in loss of capital.
Gold Wave Analysis – 1 September 2025
- Gold broke resistance zone
- Likely to rise to resistance level 3500.00
Gold recently broke the resistance zone between the resistance level 3450.00 (which has been reversing the price from May, as can be seen from the daily Gold chart below) and the resistance trendline of the daily Triangle from April.
The breakout of the resistance level 3450.00 continues the active short-term impulse wave 3 of the intermediate impulse wave (5) from May.
Given the strong daily uptrend, Gold can be expected to rise to the next resistance level 3500.00 - the breakout of which can lead to further gains toward 3550.00, target price for the completion of the active impulse wave 3.
IH&S and Asc Triangle gives 5-7 x in time for EQTY Silver stockBullish set up for silver stock
Silver charts long term indicate break out, this small silver miner could 5 to 7 x according to
the inverse Head and Shoulders pattern its making atm
On the right hand side of the shoulder its made an ascending triangle
Bulkowski suggests 60 % chance of breakout into the next zone up, which is realistic for ascending triangles
The chart calls for 7x from here, thats possible but may take a while, as the pattern took such a long time to form
Good luck out there this is one to tuck away for 5 years in some tax free savings fund or off shore account and be pleasantly surprised when it gets there sooner!
Its only a small 50 M stock so liquidity may be an issue. Equally for a small investor that may well help to make those above average gains that you are looking for
GLD - CALL4hr chart pattern: ascending triangle
Resistance: 321.99 -> need to break & close above 322.2 to confirm bullish breakout. A retest to the equal high at $317 ish might happen after reaching this resistance. Still a good call play from 318 to 321.9
Ultimate price target : $349.2
Stoploss: $304.9
*** Stoploss (for option): Just in case if it is still consolidating in the triangle, stop loss at $313, monitor price movement and re-entry when it reacts at $305.2
GBPUSD → Retest resistance for a breakout. Distribution?FX:GBPUSD is attempting to break through the resistance of the symmetrical triangle consolidation pattern, which is a continuation pattern of the main bullish trend.
Against the backdrop of stagnation and weakening of the dollar index, the GBPUSD price has stopped updating local lows, and consolidation in the form of a symmetrical triangle is forming. The strengthening of the GBP led to a breakout of the consolidation resistance, and if the bulls can stay above 1.352, then the market may trigger a rally to the resistance at 1.3588, from which a small correction is expected before continuing to grow to 1.378 thanks to motivated buyers.
Resistance levels: 1.3589, 1.3674
Support levels: 1.3524, 1.3446
In the 1.3525 zone, there may be a prolonged struggle for the buying area (above resistance). If the bulls manage to stay above the resistance conglomerate, this will confirm the fact of a resistance breakout and the end of the downward correction, which may trigger a continuation of the global trend and price growth to 1.378.
Best regards, R. Linda!
USDCAD: Bullish Move From Demand Zone?! 🇺🇸🇨🇦
There is a high chance that USDCAD will respect
the underlined demand zone and go up from that.
As a confirmation, I spotted an ascending triangle pattern on a 4H
time frame and a formation of a bullish imbalance candle.
Goal - 1.377
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GOLD ASCENDING TRIANGLE FORMATION Price is in BREAKOUT MODE(D1) - Price has rallied for 4 consecutive bull days as it approaches Resistance level.
(D1) - Price is at Previous top of the range and previous swing high at (3454.023 -3423.989 ).
(D1) - Price has formed an ascending triangle which is strong bullish continuation pattern or bearish reversal pattern.
(D1) - Price may form another bearish leg before breakout to new ALL TIME HIGH.
- Strong Fundamentals for the USD this NFP week & Apply proper risk management.
Monthly logarithmic chart on total3 suggests it could 44x!On the total3 chart we can see the majority of altcoins (excluding ethereum) have been consolidating for quite a long time in this ascending triangle which s also a bullish pennant. These patterns break to the upside far more than they break to the downside and this current one is nearing its apex. If we clued the pole of the pennant to calculate the Bullish breakout target/measured move, we can see that the target is 44 x higher than the current price. Of course this beng a logarithmic scale pattern, it may not ht its full 100% breakout target for multiple years even, but the angle of the measured move line does suggest we could see it reach such heights by 2028 and possibly even before it. *not financial advice*
EURUSD Short: Drop from Supply LevelHello, traders! The price auction for EURUSD has been characterized by a period of consolidation, which has formed a large symmetrical triangle. This pattern of contracting volatility was established by a series of key pivot points, with a pivot point high anchoring the 1.1720 supply area and a pivot point low defining the 1.1575 demand area. These actions have set the stage for the current state of market equilibrium, squeezing the price between the supply line and the demand line.
Currently, the auction is at a critical inflection point. Following a bounce from the ascending demand line, the price has rallied across the pattern and is now directly testing the descending supply line. This area represents a significant confluence of resistance, as it aligns with the horizontal 1.1720 - 1.1740 supply zone, a known territory of seller activity.
The primary scenario anticipates that sellers will successfully defend this resistance confluence and reject the current rally. A confirmed failure to break above the supply line would validate the integrity of the triangle pattern and likely initiate a new downward rotation. This would shift the short-term initiative back to the bears. The take-profit for this rotational play is therefore set at 1.1620, targeting the ascending demand line. Manage your risk!
BANANAS31 / USDT : Breaking out from symmetrical triangleBANANAS31/USDT is breaking out of its trendline resistance. If this breakout holds, a short-term rally toward $0.0075 looks likely.
📌 Best strategy: Wait for confirmation through a bullish move or successful retest before entering. Always manage risk and avoid chasing without confirmation.