Get started

Triangle

GOLD → Retest of support within an uptrendFX:XAUUSD is forming a liquidation phase as part of the previously mentioned bullish wedge pattern. Bulls were unable to break through the 3400 mark, and due to uncertainty, the price has entered a correction phase... On Monday, gold fell to $3350, echoing the bearish sentiment in Asian trading, as $3400 remains an unattainable level. The pressure is intensified by weak data from China (PPI −3.6%), profit-taking and expectations for the US inflation report, as well as uncertainty in US-China trade negotiations and microchip policy. Optimism is being held back by expectations of Fed policy easing after negative statistics and forecasts of rate cuts, as well as possible meetings between US and Russian leaders. All this reduces demand for gold as a safe haven asset. The focus is on the local trading range of 3400-3350. Before a possible rise, the market may test a strong support zone... Resistance levels: 3376, 3405 Support levels: 3358, 3350, 3345 At the moment, we are seeing a retest of 3358 and a false breakdown, with a fairly weak reaction to the zone. In the short term, gold may test 3350-3345. A false breakdown and the bulls holding the price above this zone could bring the price back up... Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
20
#LDO breakout alerA nice right-angle pattern developed on Lido. It had a double bottom reversal and broke the previous swing high. Despite RSI going to the daily overbought has more room to continue to previous resistance. It broke above the 200SMA with a high-volume showing sign of strength from the bulls, a pullback/retest position presents a conservative approach to enter for the long side. Chart shows a continuation at the moment, bullish momentum in place targets next resistance 1.9Area. The resistance of 1.43Area become a support and needs to hold.
COINBASE:LDOUSDLong
by Moemony
2
ENA possible Ascending triangle breakout playLook for confirmation above the Resistance line in Pink... maybe wait for a breakout, then a pullback touching the Prior Resistance line before entering... and then note the size of the triangle as a possible TP zone. It is however, Entirely possible that the structure falls apart as a candle deviates from this pattern and falls to the bottom... just be careful on your entry. Not Financial Advise... duh.. #ENA #scalptrade #leveragetrading #leveragetrade #eth BINANCE:ENAUSDT.P
Long
by integritydesign
EURUSD → The correction is over. Bullish trend...FX:EURUSD is consolidating above key support from D1. The trend is bullish, and against the backdrop of a weaker dollar, the currency pair is returning to its main movement. The currency pair is forming a local uptrend, with a fairly clear upward support line that intersects with an important support level. The price has emerged from correction and returned to the trend amid a decline in the dollar, which is mainly bearish. Given the situation with EUR/USD, I would focus on the support zone of 1.1631 - 1.1613, 1.1597. A fairly large pool of liquidity has formed in this zone. A false breakdown and the price holding in the buy zone could trigger a bullish run... Resistance levels: 1.1676, 1.171, 1.175 Support levels: 1.163, 1.161, 1.160 If the bulls keep the price in the buying zone, i.e. above the key support zone mentioned above, then in the medium term, the currency pair may continue to rise with the possibility of updating local highs... Best regards, R. Linda!
Long
by RLinda
13
EUR/USD Breaking Point! ALERT Price action is coiling up in a tight triangle and a breakout is imminent! See how the ABCDE pattern on the chart is setting up for a potential explosive move. Will EUR/USD surge higher or drop to key support? I've mapped out BOTH scenarios with clear technical targets—don’t miss your chance to catch the next big wave! 💡 Tap "Boost" if you found this analysis helpful. 📈 Follow my page for daily actionable trading setups! 👇 Drop your predictions in the comments below—are you bullish or bearish on EUR/USD this week? Let’s win together!
by Greenfireforex
SoFi: Ascending TriangleSoFi Technologies rallied sharply in June and early July. Now, after a pause, some traders may see further upside. The first item on today’s chart is the July 17 close of $22.09. The financial stock has remained mostly trapped below that level while making higher lows. The resulting ascending triangle is a potentially bullish continuation pattern. Second, Bollinger Band Width has narrowed to its lowest reading since June 2024. Such tight consolidation may reflect a lack of selling pressure. Third, the 8-day exponential moving average (EMA) has remained above the 21-day EMA. That may reflect bullishness in the short term. Next, prices are consolidating below previous record highs from 2021. (The peaks then ranged from $24.65 to $28.26.) Could the stock challenge its old highs? Finally, SOFI is an active underlier in the options market. Its average volume of 411,000 contracts would rank 11th in the S&P 500 (if it were a member), according to TradeStation data. 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.
NASDAQ:SOFI
by TradeStation
Tight Squeeze in TeslaTesla rallied sharply in late 2024, followed by a drop in the first quarter. Now, after a long period of consolidation, some traders may think the EV maker is getting ready to move again. The first pattern on today’s chart is the series of higher lows and lower highs since May. That converging triangle may give TSLA breakout potential. Second, Bollinger Bandwidth has squeezed to a 13-month low. Will that price compression give way to expansion? Third, the rising 200-day simple moving average may suggest a longer-term uptrend remains in effect. Next, prices are trying to push above the 21-day exponential moving average. That may be consistent with increasing bullishness in the short term. Finally, TSLA is a highly active underlier in the options market. (Its average daily volume of 2.3 million contracts ranks behind only Nvidia in the S&P 500, according to TradeStation data.) That may 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.
NASDAQ:TSLA
by TradeStation
GOLD → Correction before a breakout and rallyFX:XAUUSD is gradually making its way upward, but it faces a fairly difficult resistance zone. Most likely, a long squeeze may form before further growth. Gold is rising amid uncertainty: Expectations of key US labor market data (unemployment claims, labor costs), the possibility of a Fed rate cut in September after weak employment and services data, new trade threats (possible 15% tariffs on Japanese imports and restrictions on Russian oil supplies to China) Key risks: Trump's decision on Fed appointments (replacement of Kugler and Powell) and further escalation of trade conflicts could increase volatility. For now, dovish expectations and demand for safe-haven assets are supporting gold. Technically, the focus is on the local range of 3390-3335 (3350). A false break of support could trigger growth... Resistance levels: 3390, 3405, 3433 Support levels: 3365, 3358, 3350 The fall of the dollar is supporting the already bullish gold... However, before continuing its growth, the price is forming a correction, and a false breakout of support and liquidity capture could have a positive effect on the market for further upward movement... Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
21
BITCOIN → Retest of resistance in the bearish trading rangeBINANCE:BTCUSDT.P is consolidating in the range of 115,600 - 113,500. The price is testing resistance, relative to which a huge pool of liquidity has formed, which bears are likely to defend quite aggressively... Idea from July 22: expectation of a decline from 120K to 112K. Target achieved Bitcoin is correcting on D1, the price previously broke through the support level of 115650 and formed another trading range, with the previously broken lower boundary of the consolidation acting as resistance. The market has not yet tested the zones of interest at 110K and 105K, and therefore the possibility of a further decline remains relevant. A liquidity pool has formed relative to the resistance of the trading range at 115678. There is a high probability of a short squeeze before the decline. Resistance levels: 115678, 116370 Support levels: 113530, 112660, 110K In the short term, I expect a retest of resistance and a capture of liquidity. If the market is unable to continue its upward momentum and returns the price below the level, a false breakout will form, which may trigger a decline to the indicated areas of interest. Best regards, R. Linda!
Short
by RLinda
13