ZECUSDT Daily Chart Analysis | Symmetrical Triangle BO WatchZECUSDT Daily Chart Analysis | Symmetrical Triangle Breakout Watch
🔍 Let’s dissect the ZEC/USDT daily chart, where price action is nearing a pivotal breakout from a symmetrical triangle—often a precursor to major moves when combined with rising volume.
⏳ Daily Chart Overview
Zcash has been consolidating over recent weeks, forming a clear symmetrical triangle pattern bounded by converging trendlines. This pattern, characterized by lower highs and higher lows, signals that volatility is being compressed and a decisive breakout may be imminent.
🔺 Long Setup:
A daily close above the $45.50 resistance, especially with strong volume, will act as a “safe trigger” and confirm breakout validity. If bulls take charge here, the next upside objectives are $55.00 followed by $73.55. Watch for volume confirmation, ideally on a 4H candle close above resistance, to further add confidence to the breakout.
📊 Key Highlights:
- Symmetrical triangle pattern shows growing pressure for a directional move.
- Recent price tested triangle resistance; a close above $45.50 is the bullish trigger.
- Upside targets post-breakout are $55.00 and $73.55, provided volume supports the move.
- Volume spike serves as crucial confirmation—don’t chase without it.
🚨 Conclusion:
ZEC is coiling within a symmetrical triangle, setting the stage for potential breakout action. Bulls are watching $45.50 for a clean breakout trigger, eyeing $55 and $73.55 as next targets. Always wait for strong volume and confirmed closes before acting—symmetrical triangles can break both ways if conviction is lacking.
Trianglepattren
CTCUSDT 1D Chart Analysis | Ascending Momentum Targets Major BOCTCUSDT 1D Chart Analysis | Ascending Momentum Targets Major Breakout
🔍 Let’s break down CTC/USDT spot price action and map out the upward scenario as bullish momentum gains traction, with a focus on trendline support, volume dynamics, and key resistance levels.
⏳ 1-Day Overview
CTC/USDT on the daily chart is carving out an ascending triangle formation, supported by a firm rising yellow trendline. Price is pressing against key horizontal resistance at $0.7950 as trading volume builds, hinting at buying interest ahead of a breakout move.
📈 Volume & Structure Insights
- Steady volume expansion as price approaches the apex, confirming accumulation and bullish intent.
- Strong base forming above the yellow ascending trendline, which has consistently held since April.
- Immediate upside resistance stands at $0.7950; higher levels to target are $1.1511 and $1.4411 on a convincing breakout.
📊 Key Highlights:
- Technical structure: Clear ascending triangle signals bullish continuation if resistance cracks.
- Volume spike: Increasing volume supports the validity of the upward move.
- Breakout scenario: If price closes above $0.7950, expect momentum to carry toward $1.1511 (next resistance), followed by $1.4411.
- Price projection: Short-term retests are likely (see mapped path), but trend bias favors upside as long as the rising support holds.
🚨 Conclusion:
CTC/USDT is poised for a breakout, with momentum and volume aligning for an upward move. Watch for a daily close above $0.7950 as the trigger—targets are $1.1511 and $1.4411. Volume acceleration and bullish structure reinforce the setup. Stay alert for invalidation if the ascending trendline fails to hold.
H4 shows a converging triangle patternAs shown in the chart, H4 shows a converging triangle pattern. It's recommended to trade within this converging triangle pattern: buy low and sell high. Consider buying low at the lower level of the support trend line, as a false fall breakout and rebound is possible.
Strategy:
Sell Zone @ 3370 - 3410
SL: 20-40, TP: 40-80
Buy Zone @ 3270 - 3320
SL: 20-40, TP: 50-120
Volume and Structural Analysis of THYAO — Reaching Resistance at📝 Analysis:
My initial focus in this chart was on the daily buy and sell volumes.
According to the table displayed at the bottom of the chart for August 6th:
Buy Volume (t-0): 46.305M
Sell Volume (t-0): 24.566M
These values show a clear increase compared to previous checkpoints (t-13 and t-26).
Notably, the buy volume is 28.3M higher than t-13 and about 1.6M higher than t-26.
This gives us a broader picture: buying strength remains dominant, even though delta volume has not surpassed its value at t-26 (still about 7M short). Nevertheless, the current volume levels show stronger positioning compared to the mid-term past.
On the upper-right side of the chart, four system-based scenarios have been triggered via our custom indicator:
✅ Scenario 01 – Buyer Power Convergence with Price
✅ Scenario 08 – Seller Weakness Divergence
✅ Scenario 09 – Bullish Volume Pressure
✅ Scenario 11 – Volume Dominance Bullish
Together, they present a market that is tilting in favor of the buyers, with bullish sentiment supported by volume structure.
Next, my attention shifts to the triangle formations on the chart, which were automatically plotted based on cross high/low logic.
🔺 The green ascending triangle, with a slope of 20.65°, indicates a healthy and steady bullish structure.
Its top has not yet reached the resistance zone, where the red triangle forms a descending structure aligned with the R4 level at 314.25.
Beyond the technical interpretation, I also look at triangles symbolically.
Throughout history, from the Seal of Solomon (Star of David) to the Egyptian pyramids, triangles have represented stability, energy focus, and a path upward.
In this chart, that symbolism holds true — the green triangle embodies a progressive, rising support, while the red triangle offers a calculated obstacle.
What’s intriguing is the parallel structure of the triangle bases — suggesting a balanced energy field, ready to be tipped by momentum.
📊 When combined with other indicators:
Price is above the red Ichimoku cloud
It sits in the upper zone of the regression channel
Bollinger Bands show an upward breakout bias
Daily pivot levels align with this structure, and the R4 level (314.25) becomes a relevant resistance to monitor
📍 Conclusion:
Given the alignment of structural elements and volume behavior,
a move toward the resistance at 314.25 is well within reach under current market dynamics.
⚠️ This analysis is based on a custom-built indicator named Volume Based Analysis V 1.4+ and is provided strictly for educational and analytical purposes.
No investment or trading advice is intended.
👥 I welcome your interpretations and experiences —
Do you also see 314.25 as a realistic target?
NzdUsd formed a Triangle pattern to move down. (Swing Setup)Looking for Impulse Down.
NzdUsd getting ready to move down. It completed leg 5 with a triangle pattern. Now it will follow a way to complete another impulse. It's important to have your own rules on RR and adhere to them. This trading idea is intended to assist you and enhance your knowledge. If you have any questions, please ask me in the comments.
Learn & Earn!
Wave Trader Pro
XRPUSD formed the Triangle pattern. The price may increase.XRPUSD formed the Triangle pattern. The price may increase.
XRPUSD has been declining since July 23, reaching the lowest mark at 2.72000 on August 3. Since then the price started to form the triangle pattern. It is not a reversal chart pattern, however, RSI indicator started to show some strength of the bullish momentum. In this case, if the price breaks through the SMA200 on hourly chart and holds above it and the level of 3.00000, the following rise towards 3.20000 is expected.
Gold – Bear-to-Bull Transition in Motion?🧠 MJTrading:
TVC:GOLD – 8H Chart: Bulls, It’s Your Move.
📸 Viewing Tip:
🛠️ Some layout elements may shift depending on your screen size.
🔗 View the fixed high-resolution chart here:
The impulsive move from 3000 to 3500 wasn’t just a trend — it was a statement of strength.
That rally carved the ATH, then left behind weeks of digestion and structural compression.
Now, the market may be setting up for its next decision.
Notice how each bearish leg has been shrinking — a classic behavioral signal that sellers are losing momentum — possibly a shift in control underway.
We’re also pressing above the downtrend line from the ATH (3500), while the uptrend from 3000 remains clean and respected.
We’re now testing the 3400 zone — a key battleground.
📍 If bulls want to reclaim the momentum and show dominance, this is the moment to act.
🔹 1st Support: 3363–3377
🔹 2nd Support: Rising trendline
🎯 Target Zone: 3455–3500+ (Liquidity Pool & ATH proximity)
⚠️ Break back inside the triangle could delay the breakout narrative.
⚠️ If momentum fails to increase from here, and bulls can’t break out with conviction, the market is likely to remain range-bound for longer — extending the sideways phase between 3250–3500.
💭 If you’re watching for a new ATH… stay sharp, stay structured — the market rewards patience and readiness.
“If the structure speaks to you, let it echo, boost it.”
📐 MJTrading 🚀
What do you think?
#GoldAnalysis #XAUUSD #MarketStructure #LiquiditySweep #AnythingCanHappen
#MJTrading
#ChartDesigner
Psychology Always Matters:
Click on them for the caption...
XAUUSD SEEMS TO ESTABLISH NEW BULLISH IMPULSEXAUUSD SEEMS TO ESTABLISH NEW BULLISH IMPULSE
The recovery of the gold market appears to have gained momentum in recent days. This has resulted in the precious metal surpassing what appears to be a triangular pattern.
What is a triangle pattern?
A triangle pattern is a chart pattern with converging trendlines, signaling consolidation before a breakout. Types: Ascending (bullish, flat top, rising bottom), Descending (bearish, flat bottom, declining top), Symmetrical (neutral, both trendlines converge). To trade: Identify the pattern (two touches per trendline), wait for a breakout with volume, enter after confirmation, set stop loss below (long) or above (short) breakout, and target the triangle’s height projected from the breakout.
From here, a break above the June high of 3,450.00 would increase the probability of a further rise toward the record high near 3,500.00. But before that slight decline towards upper border of the symmetrical triangle with further rebound is expected.
Gold (XAU/USD) – 4H Time Frame Trade Idea📈MJTrading:
Gold is currently testing support at the main ascending trend line on the 4-hour chart. Price action suggests a potential bounce, but the setup remains probabilistic—ideal for traders who operate on higher time frames and manage risk with discipline.
🔹 Trade Setup
Entry: 3340
Stop Loss: 3309
Take Profit 1: 3368
Take Profit 2: 3400
🔍 Technical Context
Price is respecting the long-standing trend line, hinting at bullish continuation.
Risk-reward ratio is favorable, especially for swing traders.
A break below the trend line invalidates the setup—hence the tight SL.
⚠️ Note: While the trend supports upside potential, failure to hold the trend line could trigger deeper retracement. Trade the probabilities, not the certainties.
In case it's not shown properly on your monitor because of different resolutions:
Psychology Always Maters:
#MJTrading #Gold #XAUUSD #Trend #Trendline #Forex #Chart #ChartAnalysis #Buy #Long
Weekly Outlook: Gold Builds Pressure – Is the Big Move Coming?📆 Big Picture View
Since the start of 2024, Gold has been moving in a well-defined long-term bullish trend.
Yes, there were meaningful pullbacks along the way — but the direction was never in doubt. Step by step, Gold climbed over 15,000 pips in just over a year, reaching a new all-time high in late April.
📉 Post-ATH: A Period of Stabilization
After peaking, Gold shifted into consolidation mode, with price gravitating around the 3300 zone.
This sideways movement has been ongoing for the past three months, but it’s not a sign of weakness — it’s the market catching its breath.
On the weekly chart, this consolidation is now forming a symmetrical triangle, a classic continuation pattern that often appears mid-trend.
📐 The Technical Setup
- The symmetrical triangle shows compression of volatility
- Buyers and sellers are slowly converging toward a decision point
- A breakout is approaching, and when it comes, it could be explosive
🎯 What’s the Trigger?
- A confirmed break above 3450 would validate the triangle breakout
- That opens the door to quickly test the 3500 round figure
- The measured target for the triangle sits at 3800
Given the time Gold has spent consolidating (3+ months), this target could realistically be reached by year’s end
🧭 Strategic Takeaway
- As long as Gold holds above 3300, the bullish structure remains valid
- Breakout above 3450 is the green light for the next leg up
- Until then, the consolidation continues, and smart money prepares
📌 Conclusion:
Gold is building pressure. The weekly triangle is maturing.
This isn’t the end — it’s the pause before the next move.
Stay patient. Stay focused.
Because if 3450 breaks… 3800 is not a dream — it’s a destination. 🚀
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
P.S: Here you have a short term analysis on Gold
METISUSD Double Bottom at Triangle Support!METISUSD has been trading inside a symmetrical triangle for the past 1,400 days. The price is currently sitting at the triangle support and forming a potential double bottom pattern. The double bottom can be confirmed once the price breaks the neckline resistance zone. If the price breaks this key resistance zone, we could expect a 100%–250% bullish move toward the triangle’s upper resistance
Cheers
Hexa🧘♀️
BINANCE:METISUSDT SEED_DONKEYDAN_MARKET_CAP:METIS
HDB Financial: Strategic Entry Near IPO Price After Breakout...!HDB Financial Services, recently listed at a 12.8% premium over its issue price of ₹740, has shown promising technical movement. After a period of sideways consolidation, the stock has broken out of a descending triangle pattern—an encouraging sign for potential downside momentum.
For long-term investors and swing traders, the ₹740 level presents a strategic entry point. This level, being the IPO issue price, is likely to act as a strong support zone. Investors looking to accumulate quality stocks can consider initiating a position near this level, with a long-term perspective or for a medium-term trade setup, depending on individual risk profiles.
PEL , 1M , BullishThe Triangle Pattern is Breaking Out in Monthly Time Wait for Strong and Perfect close in Weekly Time and Enter after Confirmation .
Take Risk According to your capital
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RAMCOCEM
NSE:RAMCOCEM
Note :
1. One should go long with a Stop Loss, below the Trendline or the Previous Swing Low.
2. Risk :Reward ratio should be minimum 1:2.
3. Plan your trade as per the Money Mangement and Risk Appetite.
Disclamier :
>You are responsible for your profits and loss.
>The idea shared here is purely for Educational purpose.
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USDJPY Converges in Triangle Ahead of Potential BreakoutUSDJPY on the daily chart is coiling within a textbook contracting triangle, with support ascending near 143.00 and resistance compressing downward toward 147.00. This symmetrical structure suggests traders are awaiting a decisive catalyst, as volatility has steadily declined alongside rangebound price action.
Recent sessions show USDJPY respecting both its triangle boundaries and key moving averages. The 50- and 100-day SMAs near 145.00 have capped advances, while buyers have consistently defended dips toward 143.00. Price remains inside the triangle’s narrowing apex, hinting that a breakout could be imminent.
Technically, the pair has followed recent divergences between price action and the stochastic oscillator. RSI remains neutral near 49, offering little directional bias, while ATR confirms the tightening range with sharply falling volatility.
If bulls manage to push past 147.00 and the descending trendline, momentum could accelerate toward 149.00. Conversely, a daily close below 143.00 would invalidate triangle support and open the path toward 141.00. Until then, USDJPY may continue oscillating between these boundaries.
Fundamentals now favor the dollar, after stronger-than-expected U.S. jobs data showed 147,000 new positions added in June, beating forecasts. While private hiring slowed, the drop in unemployment to 4.1% supports a cautious Fed, likely delaying a rate cut until at least September. This labor resilience underpins near-term dollar strength.
With sentiment and structure aligning, USDJPY’s breakout from this triangle pattern may shape its next major move. Traders should watch for price and volatility confirmation above 147.00 or below 143.00.
NZD_JPY WAIT FOR BREAKOUT|LONG|
✅NZD_JPY is trading in an
Uptrend and the pair has formed
A bullish triangle pattern
And we are bullish biased
So IF we see a bullish breakout
It will be our signal that
A bullish continuation is
Likely and we will be
Able to enter a long trade
LONG🚀
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
BEMLNSE:BEML
Note :
1. One should go long with a Stop Loss, below the Trendline or the Previous Swing Low.
2. Risk :Reward ratio should be minimum 1:2.
3. Plan your trade as per the Money Management and Risk Appetite.
Disclaimer :
>You are responsible for your profits and loss.
>The idea shared here is purely for Educational purpose.
>Follow back, for more ideas and their notifications on your email.
>Support and Like incase the idea works for you.
Elliott Wave Insight Into EUR/USD’s Recent MovesThe EUR/USD chart has delivered a clean Elliott Wave sequence, which helps us forecast what may come next.
Wave Count Overview
The structure leading up to the high shows a clear five-wave impulsive rally, ending at Wave 3 in yellow.
This was followed by a corrective A-B-C zigzag, with:
A sharp Wave A down
A shallow Wave B bounce
A clean Wave C drop, matching Wave A in length, bottoming at the 100% Fibonacci projection around 1.10711.
Why This Matters
Elliott Wave theory tells us that a completed zigzag correction—especially when followed by a consolidation like a triangle—often leads to a continuation in the direction of the larger trend. If this consolidation is indeed a Wave 4 triangle, Wave 5 may soon emerge with strength.
What to Watch For:
Breakout from the current flag/triangle pattern.
Confirmation via price closing above the Wave B high.
Strong bullish momentum and rising volume as signs Wave 5 is kicking off.
Conclusion
EUR/USD may be gearing up for a Wave 5 breakout, following a classic zigzag correction and potential triangle consolidation. If this pattern breaks to the upside, it could offer a great trend continuation trade opportunity.
EUR/CHF Triangle Setup- Breakout or Breakdown ImminentThe EUR/CHF pair is currently consolidating within a triangle pattern on the 1-hour chart. This type of pattern typically forms when neither buyers nor sellers are in full control, leading to a tightening price range between descending resistance and ascending or flat support. In this case, the resistance trendline (marked in red) is sloping downward, while the support zone (highlighted in green) remains relatively flat around the 0.9330–0.9335 region.
The repeated tests of both resistance and support lines suggest that a major breakout or breakdown is likely approaching. The height of the triangle (measured from the initial impulse move) provides the basis for projecting potential breakout and breakdown targets.
🔼 Breakout Scenario (Bullish):
If price breaks above the descending resistance line, especially with volume confirmation, it may trigger a bullish move toward the breakout target of 0.9406. This level is calculated by adding the height of the triangle to the breakout point. Traders could look for buying opportunities upon breakout with stops placed below the breakout candle or just under the triangle.
🔽 Breakdown Scenario (Bearish):
Alternatively, if price breaks below the flat support zone, a bearish continuation is expected, targeting 0.9281, which is derived by subtracting the triangle's height from the breakdown level. This would indicate sellers regaining control, and the pair may revisit recent swing lows. A breakdown with strong bearish candles would validate this move.
📌 Strategy Notes:
This is a neutral-to-directional setup, meaning traders should wait for a confirmed breakout or breakdown before entering.
Volatility contraction inside the triangle typically precedes an explosive move.
Entry can be taken post-breakout with volume, or with a retest of the broken trendline for confirmation.
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.






















