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U.S. NATURAL GAS SUCCESSFULLY REBOUNDED FROM FIRM SUPPORT.U.S. NATURAL GAS SUCCESSFULLY REBOUNDED FROM FIRM SUPPORT. Yesterday the natural gas storage report came out higher than expected. U.S. natural gas inventories increased by 48 billion cubic feet last week to 3,123 Bcf, increasing the surplus over the five-year average to 195 Bcf from 171 Bcf the week before, the EIA reports. The storage increase was bigger than the 24 Bcf average for the week, and above the 36 Bcf estimate. However, the price rised on 2.35% afterwards, supported by increased volume, which indicates the strength of the level. The upward movement towards the 3.3000 level is highly expected. Additionally, seasonals suggest us that current prices may become the lowest till the end of the year. Historically, since August the natural gas prices increase in anticipation of a new heating season and higher energy demand (pic2).
CAPITALCOM:NATURALGASLong
by ProfessorSingapore
TSLA Breakout Watch: Symmetrical Triangle Squeeze!Trade Summary Setup: Symmetrical triangle pattern tightening since March; volatility compression signals an imminent breakout. Entry: On daily close above the triangle resistance (~$324) Stop‑loss: Below triangle support (~$305) Targets: • Target 1: $375 • Long-term: $500+ Risk/Reward: ~2.5–3:1 (Initial target), higher for long-term hold Technical Rationale 📈 Symmetrical triangle: Clear converging trendlines; price nearing apex after months of higher lows and lower highs 🔔 Volatility squeeze: Range compression increases odds of explosive move ⏳ Daily timeframe: Signals a swing/position trade opportunity with significant upside Catalysts & Context ⚡️ Earnings season ahead could trigger a breakout 🌱 EV sector momentum and renewed tech leadership 🏦 Analyst upgrades and potential for macro rate cuts Trade Management Plan Entry: Wait for a daily close and volume confirmation above $324 resistance Stop-loss: Tight initial stop below $305; trail to breakeven after breakout confirmation Scaling: Partial profits at $375; let remainder run for $500+ if momentum continues Poll What’s your view? Are you watching TSLA? Comment below or vote: 🔼 Bullish 🔽 Bearish 🔄 Waiting for confirmation Follow us for daily high-probability setups & real-time trade updates! Disclaimer: Not financial advice. Trade at your own risk.
NASDAQ:TSLALong
by NinjaCodeSolutions
5
XRPUSDT → Range formation. Retest of resistanceBINANCE:XRPUSDT.P , after a false breakout of the daily resistance level of 3.352 and the elimination of traders, has entered a correction phase. The trading range shown below has been formed, with an emphasis on resistance... XRP previously formed a false breakout of the daily resistance level of 3.352, as indicated in the idea above. After changing its market character, the price entered a correction phase. Focus on the range of 3.00 - 3.264. A retest of resistance (zone of interest and liquidity) is possible before falling to 3.161, 3.05 or to the liquidity zone of 3.00. There are no technical or fundamental reasons for exiting the consolidation; most likely, a retest of the zone of interest may end in manipulation and a pullback to support... Resistance levels: 3.1609, 3.264, 3.352 Support levels: 3.05, 3.00 I do not rule out the fact that a retest of the 3.264 resistance level may have a breakout structure and the price will continue to rise, but based on the price behavior pattern on D1, the market structure, and market stagnation, I conclude that at the moment, the chances of seeing a correction from resistance are higher. Further developments will need to be considered after the retest of key zones on the chart... Best regards, R. Linda!
Short
by RLinda
12
USOIL IS GOING BULLISH. FOR HOW LONG?USOIL IS GOING BULLISH. FOR HOW LONG? Brent has started this week with a strong bullish momentum and holds near 6-week high on supply fears. President Trump announced plans to impose tariffs on Indian exports and penalize its Russian oil imports. In a parallel move, the US introduced its most extensive sanctions on Iran in seven years. The United States has even offered its oil to the world in exchange for Iranian and Russian oil, but there is evidence that the US production capacity is now at historic highs and is unlikely to grow in the near future. However, technically oil shows us bearish divergence on RSI and bearish wedge here. The price may reverse towards 6,900.00 as a first target. EIA data showed US crude inventories jumped by 7.7 million barrels last week—the largest increase in six months and defying forecasts for a decline. Market participants are waiting for the OPEC+ meeting this week, expecting a significant output hike.
FOREXCOM:USOILLong
by ProfessorSingapore
ETHUSD MAY FORM THE BEARISH WEDGE. THE PRICE IS GETTING READY TOETHUSD MAY FORM THE BEARISH WEDGE. THE PRICE IS GETTING READY TO DROP. ETHUSD has been moving bullish since July 8. However since July 21 the price started to form the bearish wedge with bearish divergence on RSI on 4-h timeframe. A bearish wedge is a bearish reversal pattern in an uptrend, where the price forms higher highs and higher lows within converging upward trendlines, signaling weakening bullish momentum and a potential downward reversal. To trade, identify the wedge with declining volume and confirm with RSI or divergence. Sell or short on a breakdown below the lower trendline with a volume spike. Set a stop-loss above the recent high or upper trendline. Target the wedge’s height projected downward from the breakdown or the next support level with a 1:2 risk-reward ratio. We expect that the price will establish another bullish momentum and the price will go towards upper border of the wedge, slightly below the 4,100.00 resistance level and will decline towards 3,500.00 support level afterwards.
COINBASE:ETHUSDShort
by ProfessorSingapore
Nasdaq Short: multiple reasonsOver here, I present to you the Nasdaq short idea again. For my previous idea, it was stopped out at 23500. This time, I changed the wave counts again, mainly merging the previous wave 5 into wave 3, allowing for the new high to be a wave 5. On top of that, here are the few other reasons for the short: 1. Fibonacci extension levels: Wave 5 is slightly more than Wave 1. 2. RSI overbought for the 3rd time on the hourly timeframe. 3. Rising wedge false breakout. 4. Head-and-shoulders on the 1-min timeframe. As usual, the stop for this idea is slightly above the recent high, around 23700. Thank you.
OANDA:NAS100USDShort
by yuchaosng
2
$BTCUSD, rally into rate cuts?BITSTAMP:BTCUSD has been coiling for some time now in a right angled descending broadening wedge. A measured move of this cone so far would place BTC at right around ~$100k. This aligns well with historical performance of BTC heading into a cutting cycle. If we rally into September and have a selloff following the cuts (sell the news), I wouldn't be shocked. This is a pattern that has happened in multiple years of the previous QE/QT Cycle (2016/2017, 2019/2020). The real fireworks will be in 2025 if things go according to the FED's schedule
BITSTAMP:BTCUSDLong
by httpz
GC1! – The Wedge Strikes BackGC1! – The Wedge Strikes Back 🚀 Gold futures (GC1!) just gave us a textbook rollover move. As the front-month rolled, price faked a wedge breakdown, only to rip back inside the structure once rollover completed. That failed breakout speaks volumes – and now the wedge is back in control. Rollover Trap → Back Inside the Wedge Rollover volatility flushed price below the wedge, pulling in shorts… but the move didn’t stick. Buyers stepped up and snapped price back inside, turning the wedge’s lower boundary into rock-solid support once again. The Long Game 🎯 With GC1! holding the wedge: Longs off wedge support are the play Resistance: 3,380 Target: 3,446 (upper wedge boundary) Stop-loss: 3,336 (below support) Risk/Reward: 🔥 10.69 RRR Volume Profile also shows heavy accumulation in the 3,336–3,380 zone – crack through 3,380, and we could see momentum accelerate quickly. Bottom Line This isn’t just another bounce – it’s a failed breakdown on rollover. Wedge traders are back in the driver’s seat, and the setup offers a crystal-clear invalidation point with serious upside potential.
COMEX:GC1!Long
by JoshuaDanford
1
USDJPY Setup: Prime Buy Zone with a Clear Target!Good morning my friends, I've prepared a fresh USDJPY analysis just for you. Currently, the most logical buy zone sits at 147.170. If price reaches this level and performs a retest, it’s likely to target the 149.185 level. I'll personally be entering at 147.170 and waiting for my target: 149.000. This setup is based on the 4-hour timeframe, so it may take some time to reach the target. Every single like you give is a major source of motivation for me to keep sharing these analyses. Thanks so much to everyone supporting with a like!
Long
by TraderTilki
Wedge Pattern — A Key to Trend Movements📐 Wedge Pattern — A Key to Trend Movements 📈 🔍 Introduction The Wedge is a chart pattern that represents a phase of directional consolidation following a trending move. It can act as a continuation 🔄 or a reversal 🔃 signal, depending on the context. The structure consists of two converging trendlines, both sloping in the same direction. 🧩 Pattern Description Unlike the Flag pattern 🚩, the Wedge has no flagpole and doesn’t depend on the direction of the previous move. The direction of the wedge body determines its type: A falling wedge ⬇️ is bullish 🟢 (buy signal) A rising wedge ⬆️ is bearish 🔴 (sell signal) The breakout is the key point to watch. The two trendlines slope in the same direction but at different angles, causing them to converge. This reflects a loss of momentum ⚠️ and typically indicates that buyers or sellers are preparing to take control. This pattern can act as: A continuation signal 🧭 — appearing at the end of a correction A reversal signal 🔄 — forming at the end of a strong trend 📉 Volume is usually low during the wedge and rises on breakout. A low-volume breakout increases the risk of a false breakout ❗. Often, price retests the breakout level 🔁, giving traders a second chance to enter. 🎯 Entry & Stop-Loss Strategy 📥 Entry: On breakout confirmation 🛑 Stop-loss: Below the pattern’s low (bullish) or above its high (bearish), or under/above the most recent local swing point 🎯 Target: Project the height of the widest part of the wedge from the breakout point. Alternatively, use key price levels 📊 or a trailing stop 🔂 to lock in profits. 💡 My Pro Tips for Trading the Wedge ✅ Pattern Criteria Two converging trendlines ➡️➕➡️ Clearly defined structure ✏️ Prior trending move before the wedge 🚀 Low volume within the wedge 📉, high volume on breakout 📈 Retest of breakout level = confirmation 🔁 🔥 Factors That Strengthen the Signal Breakout on strong volume 📊💥 Appears after an extended trend 🧭📉📈 More touches = stronger pattern ✍️ Breakout occurs close to the apex 🎯 ⚠️ Factors That Weaken the Signal Low volume on breakout 😐 Poorly defined trendlines 🫥 Few touches on lines Early breakout (too far from apex) ⏱️ No prior trend / appears in a range-bound market 📏 ✅ Examples of My Successful Wedge Trades 📸 ❌Examples of Failed Wedge Overview 💥 💬 Do you use the wedge pattern in your trading? It’s a powerful pattern, especially when confirmed by volume and market structure. Share your favorite wedge setups or ask questions below 👇👇
CAPITALCOM:NATURALGASEducation
by ProfessorSingapore
Gold - Short Setup Off Major Trendline Rejection📉 Gold - Short Setup Off Major Trendline Rejection Gold has broken down through the rising trendline and is now retesting it — the moment of truth! 🧐 🔻 Short Entry: 3,336 🎯 Target: 3,236 (Fib 1.0 + HVN gap fill) 🛑 Stop: 3,346 (Above trendline retest) ⚖️ Risk/Reward: ~1:10 📊 Bonus: High volume node above adds resistance. Bearish volume profile structure confirms the breakdown bias. Watching for volume to pick up on the move down. Let's see if GC bleeds into August. 🩸📆
COMEX:GC1!Short
by JoshuaDanford
1
XRP Breakout Could Be a Trap… Or the Start of Something Big?Yello, Paradisers — are you about to buy into a fake breakout or position yourself right before a major move? Let’s break it down before emotions take over. 💎XRPUSDT has officially broken out of a falling wedge — a classic bullish reversal structure. What makes this breakout even more interesting is that it's supported by bullish divergence on both MACD and RSI, plus a Change In State of Delivery (CISD). All these technical signals combined significantly increase the probability of a bullish continuation. 💎Now, if you’re a disciplined trader looking for a safer entry with a higher risk-to-reward ratio, the smart move is to wait for a potential pullback to the CISD level. That would set up an opportunity offering a risk-to-reward of over 1:2.55 — not something you want to ignore. 💎But don’t get too comfortable… 💎If the price breaks down and closes below our invalidation level, the entire bullish idea is off the table. In that case, it’s wiser to stay patient and wait for clearer price action to develop. No emotional entries — only strategic moves. 🎖Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. That’s how you’ll get inside the winner circle. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
BITCOIN → Hunting for liquidity. Retest resistance before a fallBINANCE:BTCUSDT.P continues to consolidate after a strong rally. There is no strong driver yet, and Bitcoin is reacting weakly to economic data. There is a possibility of a continued correction... Bitcoin is still in correction, but is rebounding from the local low of 117.4, formed during the pullback, and is heading back up towards the zone of interest at 119.8-120.1, which it did not reach during the main upward movement. I see no fundamental or technical reasons for the correction to end and for growth beyond 121K. I expect a rebound from the resistance zone towards 115-114K. However, in the medium term, I expect the market to attempt to close half or all of the gap between 112K and 114.8K, thereby expanding the key trading range. Resistance levels: 119.77, 120.1K, 120.8K Support levels: 117.4, 116.37, 115.68 Technically, a false breakout (liquidity capture) of key resistance and price consolidation in the selling zone could trigger bearish pressure on the market, which in turn would lead to a correction. Best regards, R. Linda!
Short
by RLinda
6
GOLD → Retest of trend support. Consolidation...GOLD is consolidating below the previously broken trend support. On Sunday, Trump announced a trade deal with the EU, which is putting pressure on the market along with the rising dollar... Gold rebounded from support at $3310 after a week-long low, interrupting a three-day decline amid profit-taking. However, the overall downtrend remains intact as markets brace for a busy week with the release of US GDP data and the Fed's decision. Optimism surrounding US-China trade talks and the US-EU framework agreement is reducing demand for safe-haven assets. Additional pressure on gold is coming from easing geopolitical tensions: Thailand and Cambodia have agreed to ceasefire talks. The metal's recovery may be short-lived. Technically, we have global and local bullish trends, against which gold is testing support, but as we can see, buyers are trying to hold back the decline due to uncertainty over interest rates. There is a chance that we will see active action by the Fed, behind which lies a rate cut, this week... Resistance levels: 3345, 3375 Support levels: 3320, 3287 At the moment, I do not see a proper reaction to the support breakout. The price is consolidating after confirming the key trigger at 3345. Thus, if the price starts to return to 3345, test and consolidate above the level, we will have a chance for growth. I do not rule out a liquidity grab from 3325 (false breakout) before the rise. BUT! The structure will be broken if the price breaks 3325 - 3320 and begins to consolidate below this zone. In this case, gold may fall to 3287 Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
10
GBPCAD - Long-Term Long!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈GBPCAD has been overall bullish trading within the rising wedge pattern marked in blue. This week, GBPCAD has been retesting the lower bound of the wedge. Moreover, the red zone is a strong weekly structure. 🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the lower blue trendline and red structure. 📚 As per my trading style: As #GBPCAD approaches the blue circle zone, I will be looking for trend-following bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by TheSignalyst
8