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Triangle

Nifty 50 – Symmetrical Triangle SetupNifty is consolidating inside a large symmetrical triangle. Support: 24,000–23,500 zone (rising trendline) Resistance: 25,500–25,800 (falling trendline) Volume: Contracting, confirming consolidation Scenarios: Above 25,800 → room toward 26,500–27,000 Below 24,000 → risk opens toward 22,500–22,000 Bias: Long-term trend is still up. Near-term, likely sideways between 24,000–25,800 until breakout. ⚠️ Disclaimer: This post is for educational purposes only. I am not SEBI registered. Not investment advice.
NSE:NIFTYLong
by moodycoast
I Should Have Noticed This Pattern (Episode 1) Just today I zoomed out on my GS chart and noticed for the first time this almost perfect triangle pattern. How did I completely miss this? -There are many times in my short trading career that I have come across things I should have noticed. Whether it's chart patterns, correlation, volume spikes, or indicators indicating; I kick myself for my neglect! -Now the least I can do is point out those mistakes and share them with you as I see them, in the hopes that more get noticed in the future. -This is an example of a symmetrical triangle which is considered the most common type of triangle pattern. Despite the name, the triangle does not have to be symmetrical and like all patterns is evaluated in the approximate. Some imagination is required. Most triangles are a representation of consolidation before continuation, but can sometimes represent a top or bottom before reversal. When price does break out of a triangle, volume should spike and this example clearly shows that. This example also shows a false breakout which would have been discovered when closing for the day back "inside" the pattern. Also like all patterns, the larger the time interval, the more important the pattern. Daily and longer are preferred. -Again this is what I see after the fact and far too late. I would not enter this trade now. Please let me know if I missed something or if you were able to trade this in real time and there was details that I left out. Also, did anyone make money on noticing this pattern? Am I mistaken in any way?
COMEX:GCZ2025Education
by NoMorePaperTrading
GOLD → Intermediate bottom. Consolidation before growth FX:XAUUSD is being sold off and declining amid profit-taking following speeches by Powell and Trump. However, the market is quite aggressive amid falling interest rates. After forming an interim bottom, the market quickly bought back the decline. Gold is correcting after record growth, awaiting new signals from Fed representatives and PCE inflation data on Friday. The price remains close to historic highs, but the upward momentum has temporarily slowed, with consolidation forming at 3752-3791. Key factors : Powell gave no clear hints about future rate cuts, noting the risks of rising inflation and a weakening labor market. The probability of a rate cut in October has risen to 92%, but the Fed's sentiment index is fluctuating somewhat... The risk of a US government shutdown on October 1 and mixed PMI data are holding back the USD's strengthening. Technically, gold remains in a bullish trend, but consolidation is possible in the short term. PCE data will be the deciding factor — weak figures will support the metal, while strong figures will trigger a correction. Resistance levels: 3776.9, 3791, 3800 Support levels: 3767, 3752, 3738 The price is consolidating. Before reaching 3791-3800, there may be a retest of local support. Similarly, a retest of the ATH may also trigger a small pullback of 1/2 of the impulse before a breakout and growth to the specified targets. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
9
EUR/USD: Coiling for a breakout as triangle tightenSitting in an ascending triangle with RSI (14) and MACD generating bullish signals on price momentum, traders should be on alert for a potential topside break in EUR/USD. If we see a definitive push above 1.1820, longs could be established with a tight stop beneath for protection, targeting 1.1848 initially and 1.1860 after that. While the price and momentum picture favours longs, you can’t ignore that the pair struggled around these levels during the North American session, putting a possible countertrend short trade on the menu should no definitive bullish break emerge when Asian trade is in full swing later today. Shorts could be placed beneath 1.1820 with a stop above the level for protection, targeting uptrend support found around 1.1795 currently. Good luck! DS
by FOREX.com
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
AMEX:GLDLong
by Contradnging
2
Follow-Up on EURNZD Breakout TradeIn our last video, we looked at a consolidation pattern forming on EURNZD and discussed the potential for a breakout. Well, that breakout has now happened — price has pushed above the sideways channel/high-and-tight flag, and we’re currently seeing a pullback into a zone that provides a solid bullish entry reason. If you’d like to see the full breakdown, including our projected targets for this move, make sure to check out the original video I posted this weekend (linked below). Please leave any questions or comments below. Akil
Long
by Akil_Stokes
EURUSD: Dip and Bounce from Triangle SupportHello everyone, here is my breakdown of the current Euro setup. Market Analysis After reversing from a prior Downward Channel, EURUSD has been consolidating in a large Upward Triangle. This pattern is typically bullish and is defined by a flat horizontal Resistance at the 1.1780 level and an ascending support line, showing that buyers are becoming progressively more aggressive on each dip. An interesting part of this pattern's history is the 'fake breakout' we saw previously, where the price spiked to a local ATH at 1.1920 before falling back inside. Currently, the price is again in a corrective pullback, heading towards the ascending Triangle Support Line for another test. My Scenario & Strategy My scenario is based on the expectation that this Upward Triangle will eventually resolve to the upside. I'm looking for the price to complete its downward movement and find strong support on the ascending Triangle Support Line. A confirmed bounce from this line would be the key signal that buyers are stepping in to defend the trend. Therefore, the strategy is to watch for this bounce. A successful rebound that finally leads to a decisive breakout above the Resistance Zone would validate the long scenario. The primary target for the subsequent expansion is 1.1860, a logical objective for the move that would follow. That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
Long
by Ratner
9
GOLD → Aggressive growth is not over. Powell's speech...FX:XAUUSD is rallying, with demand high amid a falling dollar and the Fed's rate cuts. Technically, there are no obstacles to growth, and the market is aggressive. For trading, look for buying opportunities on pullbacks. Gold is rallying and hitting new highs as people realize what's going on (interest rates are falling). Powell's speech is coming up, and it may trigger a correction (profit-taking) amid growing risks. Key factors: Powell's speech today, at which time the market is waiting for hints of further easing of Fed policy. PMI data (US), weak figures will support the possibility of further rate cuts... Demand for metal is supported by geopolitical tensions in the Middle East and Eastern Europe. Resistance levels: 3800 Support levels: 3760 Many factors are supporting the rise in gold, and there are no compelling reasons to sell gold now. The ideal trading strategy is to wait for a pullback and retest of support levels with the formation of strong reversal points for buying. Sincerely, R. Linda!
FX:XAUUSDLong
by RLinda
18
COOKIE/USDT – Accumulation before potential breakout This is truly an amazing chart. ✨ I haven’t seen anything like this in the altcoin world for a long time, and it even reminds me of Bitcoin’s structure. On the weekly chart, COOKIE has been trading in a yellow accumulation zone, while forming a descending trendline (yellow). The price is approaching a decision point – either a breakdown or a potential breakout to the upside. Support: around 0.10 – 0.13 USDT Resistance: descending trendline Volume profile: shows strong interest in this range Upside target (if breakout): green zone $3 – $4.5 🟢 📌 Conclusion: The market is in accumulation. Watch closely how price reacts at the trendline. A breakout to the upside could open the door for a significant rally.
Long
by patriq8
5
GOLD → The rally continues. We are waiting for a pullback to buyFX:XAUUSD is rallying since the opening of the trading session. The movement has been continuing since Friday, after the end of the correction. The market is realizing the potential for interest rate cuts... The metal is showing gains for the fifth week in a row, despite the local recovery of the dollar. Key supporting factors: The forecast of two rate cuts before the end of the year continues to fuel interest. Tensions in US trade relations with India and other sources of instability. Upcoming PCE data on Friday may confirm the need for a soft policy. BUT! Caution is needed, as a short-term correction (profit-taking) is possible after record growth. Resistance levels: 3730, 3740, 3750 Support levels: 3703, 3685, 3674 The price is in the ATH zone, having come a long way since the opening of the session, and a correction may form. It is dangerous to sell in the current zone, and for trading within the bullish trend, it is worth waiting for a pullback to the nearest local support levels... Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
18
SEI — Triangle Pattern Breakout Ahead?SEI has been consolidating in a symmetrical triangle for the past 78 days, now reaching the apex, signaling that a big move is coming soon. Price has been trading between two anchored VWAPs: From the $0.13 low → acting as support (currently ~$0.27) From the ATH → acting as resistance (currently ~$0.365) The POC of the 280-day trading range sits at $0.287, a key pivot level to watch. Support Confluence Anchored VWAP (from $0.13 low): ~$0.27 (long entry zone already tested) POC (280-day range): $0.287 → key stop-loss reference Symmetrical triangle breakout retest: ~$0.33 → potential re-entry after breakout Fib Speed Resistance Fan 0.618: ~$0.27 → reinforcing support at the anchored VWAP Resistance Confluence 0.618 Fib retracement: $0.5044 → aligns with $0.5 key level 3B Market Cap resistance: ~$0.505 Fair Value Gap (FVG): sitting around $0.5 Trend-Based Fib Extension 1.0: $0.5 → major target confluence 🟢 Long Trade Setup Entry Zone: Retest around $0.33 after breakout Stop-Loss: Below $0.287 (POC), to be adjusted after seeing a clear reversal sign. Target (TP): $0.50 Potential Gain: ~+50% Timeframe: Could take ~1 month to play out Technical Insight SEI has been compressing for over two months, and volatility is about to expand. The ideal entry at $0.27 (anchored VWAP support) has already triggered. The next opportunity lies in a triangle breakout + retest around $0.33. The $0.50 level stands out as a high-confluence target, combining Fib levels, market cap, FVG, and extension symmetry. _________________________________ 💬 If you found this helpful, drop a like and comment!
Long
by SiDec
2
LINK (Chainlink) – Triangle Pattern Breakout Loading?#LINK is currently consolidating within a triangle pattern on the 4H timeframe. No bearish signals are visible for now, but volume remains low — indicating traders are waiting for a decisive move. Key Points: Triangle pattern forming on 4H chart No bearish structure yet Low volume = patience needed Breakout above resistance with strong volume = bullish confirmation Best setup: Enter long on retest with proper risk management Plan the trade, trade the plan. A clean breakout with strong momentum could bring exciting upside opportunities. What’s your outlook on #LINK? Do you expect a bullish breakout, or will bears surprise us? Drop your thoughts #LINK #Chainlink #Crypto #Altcoins #Breakout #TrianglePattern #TradingView #CryptoTrading #PriceAction #CryptoCharts
Long
by mudusir
2
PFC , 1W Breakout In this stock we clearly see the Channel pattern is formed and Ready for Breakout , Wait for candle Close in 1D with good volume , then we can see very good move up to 35% nearly . As now nifty is given Breakout from 1D Channel pattern and in Market Breadth 1D has given breakout and in weekly market Breadth it is near the Resistance , if we see good volume close in this week we can expect Market will be Bullish for next 2-3 Months . Follow for more Swing Ideas Like This .
NSE:PFCLong
by mahesh56a
1
NTPC , Daily Breakout In this stock we clearly see the Triangle pattern is formed and Ready for Breakout , Wait for candle Close in 1D with good volume , then we can see very good move up to 15% nearly . As now nifty is given Breakout from 1D Channel pattern and in Market Breadth 1D has given breakout and in weekly market Breadth it is near the Resistance , if we see good volume close in this week we can expect Market will be Bullish for next 2-3 Months . Follow for more Swing Ideas Like This .
NSE:NTPCLong
by mahesh56a
IndHotel Weekly Breakout In this stock we clearly see the Triangle pattern is formed and Ready for Breakout , Wait for candle Close in 1D with good volume , then we can see very good move up to 20% nearly . As now nifty is given Breakout from 1D Channel pattern and in Market Breadth 1D has given breakout and in weekly market Breadth it is near the Resistance , if we see good volume close in this week we can expect Market will be Bullish for next 2-3 Months . Follow for more Swing Ideas Like This .
NSE:INDHOTELLong
by mahesh56a
Supriya Weekly Breakout (Triangle)In this stock we clearly see the Triangle pattern is formed and Ready for Breakout , Wait for candle Close in 1D with good volume , then we can see very good move up to 30% nearly . As now nifty is given Breakout from 1D Channel pattern and in Market Breadth 1D has given breakout and in weekly market Breadth it is near the Resistance , if we see good volume close in this week we can expect Market will be Bullish for next 2-3 Months . Follow for more Swing Ideas Like This .
NSE:SUPRIYALong
by mahesh56a