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Wedge

XAUUSD edges lower on geopolitical reliefXAUUSD edges lower on geopolitical relief Gold dipped in early Asian trading on Monday, as easing geopolitical tensions reduced its safe-haven appeal. Despite no progress in Friday’s Trump-Putin meeting, Trump told European leaders he’s open to U.S. security guarantees for Ukraine, with Putin reportedly agreeing to Western troop presence in any peace deal. On the contrary, Thursday's PPI came out weaker than expected, signaling the possibility of a higher inflation in the nearest future. This may influence on Jerome Powell's decision on the U.S. key rate. Some experts already expect Powell to be hawkish on September 17. This week Powell will be participating on annual Jackson Hole event. XAUUSD has been moving within a wedge for the last week. MACD is turning into a green zone on 4-h chart. Price successfully rebounds from the local support of 3,300.00. Future sideways movement is expected, the price may rebound from local support of 3,300.00 towards 3,380.00 as a first target.
SAXO:XAUUSDLong
by ProfessorSingapore
EURGBP: Up Move From Support Confirmed 🇪🇺🇬🇧 Odds are high that EURGBP will continue rising after a test of a major daily support cluster. The price violated a resistance line of an expanding wedge pattern on an hourly time frame, indicating a strong intraday bullish sentiment. Goal - 0.865 ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by VasilyTrader
4
ARB Secondary trend. 24 04 2025Logarithm. Time frame 3 days (less is not necessary). ⚠️ Currently a decline from the maximum of -90% . For assets of such liquidity, these are not the lowest values, but perhaps the previous hype played a role in this. Work from the average price, or on a breakout , and you will not care when the reversal occurs. The main thing is to distribute the entry and exit points after the purchase in advance, that is, distribute the risk and profit. And, after that, no longer be interested in the asset, or opinions, or fictitious positive / negative news to stimulate demand / supply of “stupid money”. Do not get stuck in market noise and unnecessary, fear-driven or greed-driven opinions. Main trend (the entire history of cryptocurrency trading), for clarity of pricing and the zone for work now, which is discussed. ARB Main Trend 24 04 2025 🟣 Local trend. At the moment, a wedge-shaped formation has formed in it, there is an attempt to break through it and the price is clamped. 1️⃣ If this zone of minimums is held — for a start, the potential for a downward trend of the secondary trend (shown with a red line). 2️⃣ Then, when it is broken through , — to the channel median (green dotted line).
Long
by SpartaBTC
XAU/USD 15-Min Time Frame Overview🧠 Strategy: Smart Money Concepts (SMC) + ICT-based Trade Setup 🔥 Currently, gold (XAU/USD) is trading around the 3336 zone after showing signs of accumulation within a falling wedge. A clear breakout scenario is being monitored! 👀 🟢 If price respects the lower demand block zone between 3330 to 3334 and holds this structure, we may anticipate a bullish continuation targeting: 🎯 First TP: 3339.50 🎯 Second TP: 3343.65 🎯 Final TP: 3348.79 These are clearly marked resistance levels that align with liquidity zones visible in the recent market structure. ❗ However, any strong rejection or a clean break below 3330.68 could invalidate this setup and shift bias back to bearish — so stay alert. 🛠️ This analysis is based on smart money liquidity traps, imbalance correction zones, and possible trendline manipulation, closely following institutional price behavior. 📌 Disclaimer: This content is for educational and informational purposes only and should not be considered financial advice. Always do your own research before making any trading decisions.
FOREXCOM:XAUUSDLong
by PEAKALPHAFXMARKETS
British Pound can rise to 1.3680 points, exiting from wedgeHello traders, I want share with you my opinion about British Pound. The market dynamic for the British pound has undergone a significant reversal, shifting from a well-defined downward channel to a new bullish phase following a strong breakout from the buyer zone. This change in control has established a new upward trend, which has since been developing within the confines of a large upward wedge. The price action within this wedge has been constructive, with the asset making a series of higher highs and higher lows. Currently, the pair is undergoing a corrective pull-back after testing the seller zone near the top of the formation, and it is now approaching a key confluence of support around the 1.3535 level, where the ascending support line of the wedge is located. The primary working hypothesis is a long scenario, which anticipates that this correction will find strong support in this area, leading to a new upward impulse. The scenario further projects that this new impulse will not only carry the price to the wedge's resistance line but will have enough momentum to force a breakout to the upside, signalling an acceleration of the trend. Therefore, the TP for this breakout scenario is logically placed at the 1.3680 level, a target that represents a potential measured move following the resolution of the multi-week wedge pattern. Please share this idea with your friends and click Boost 🚀 Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Long
by LegionQ8
Wajani Investments; USDCHF Analysis for the days ahead.Monthly, weekly and daily has formed a bullish wedge. In addition, the market on the daily has created a HH from support. To add, the new HH has formed a triangle with price hoping to break out on the weaker side. All these point to a bullish move. Adjust entry and stop loss as market proceeds. Let me know your thoughts. If this means something to you, please like, share and follow for more. FOR EDUCATIONAL PURPOSE ONLY. HaPPY tRADING.
Long
by racyrace
Wajani Investments; EURUSD Analysis for the days aheadMonthly, weekly and daily time frames show a bearish wedge (3 point touch) which is usually a very strong reversal signal. The two bullish candles for the past two weeks should be monitored closely as this could be a turning point to the downside looking at the size of the candles. In addition, monitor entry when the market resumes and adjust entry and may be stop loss. Let me know your thoughts and this is FOR EDUCATIONAL PURPOSE ONLY. If you like my analysis, please like, comment and follow. Happy Trading.
Short
by racyrace
Binance Coin may drop to 805 points and break support levelHello traders, I want share with you my opinion about Binance Coin. The bullish momentum for BNB has been visibly accelerating, with the price transitioning from a steady upward channel into a steeper and more aggressive rising wedge formation. This change in character often suggests a late-stage trend that may be approaching exhaustion. The price action has been oscillating within this wedge, using the 820 level as a key support area for its most recent rebound. Currently, the asset is making another push towards the apex of the formation, approaching the final resistance line that has capped the highs. The primary working hypothesis is a short scenario, which is based on the typically bearish resolution of a rising wedge pattern. It is anticipated that the price will be rejected from the upper resistance line of the wedge, signaling the exhaustion of buying pressure. A confirmed rejection from this peak would likely trigger a sharp reversal, with enough momentum to cause a breakdown below the wedge's ascending support line and the critical horizontal support area around 820. This structural failure would validate the bearish thesis. Therefore, the tp for this anticipated reversal is logically placed at the 805 level, representing a prudent first target for the price to reach following a breakdown of the multi-week wedge structure. Please share this idea with your friends and click Boost 🚀 Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
THINKMARKETS:BNBUSDShort
by LegionQ8
Euro may reach seller zone and then start to decline to 1.1600Hello traders, I want share with you my opinion about Euro. The historical price action for the Euro began with a period of contracting volatility, where the market consolidated within a triangle formation. A decisive breakout from this triangle unleashed a strong upward impulse, which marked a shift into the current market environment characterised by expanding volatility. This new phase is captured by a large broadening wedge, which has since been defining the trading range between the major buyer zone around 1.1450 and a significant seller zone near the 1.1740 resistance. After a powerful impulse down from the top of this wedge was absorbed by the buyer zone, the asset has entered a corrective rally back towards the upper boundary. Currently, the price is approaching this critical confluence of resistance. The primary working hypothesis is a short scenario, predicated on the expectation that the seller zone will once again cap the rally. A confirmed rejection from this area would validate the integrity of the broadening pattern and suggest that another major downward rotation is imminent. Therefore, the TP for this anticipated decline is logically placed at the 1.1600 points, representing a key area of prior price interaction and a prudent first objective. Please share this idea with your friends and click Boost 🚀 Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Short
by LegionQ8
9
XNGUSD came to a global support lineXNGUSD came to a global support line Natural Gas has been declining since the beginning of June, forming the falling wedge. On Tuesday the price found support on a global trendline. The price is ready to reverse. Additionally, seasonals notice that shoulder season is about to get started, which historically means buying pressure for the natural gas, due to more natural gas is purchased before winter comes. Mid-term target may be the 3.4000 level.
CAPITALCOM:NATURALGASLong
by ProfessorSingapore
2
Bitcoin may continue to decline to support level in wedgeHello traders, I want share with you my opinion about Bitcoin. The market structure for Bitcoin has evolved significantly, transitioning from a contained downward channel into a much more volatile and expansive broadening wedge after a major breakout. This new pattern has defined a wide trading range, with price action making higher highs and lower lows, indicating a fierce battle between market participants. The most recent and critical development within this structure has been the price's failure to hold above the key level of 119700, breaking down below this former support and seller zone. Currently, the asset appears to be in a corrective phase, setting up for a potential retest of this broken level from underneath. The primary working hypothesis is a short scenario, which anticipates that the price will rally to test the 119700 resistance level and be rejected. A confirmed failure to reclaim this level would serve as a strong validation of the bearish pressure and suggest that a full rotation towards the bottom of the broadening wedge is now the most probable outcome. Therefore, the tp is logically and strategically placed at the 115200 level. This target is particularly significant as it represents a powerful confluence of the horizontal support level, the main buyer zone, and the ascending support line of the wedge, making it a natural magnet for price on the next major downward impulse. Please share this idea with your friends and click Boost 🚀 Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
THINKMARKETS:BTCUSDShort
by LegionQ8
6
Why ETH Remains Bullish and Its Next Potential Move !The ETH will increase $200 and reach to the top of the wedge in the coming days . We can be hopeful that after breaking out of the wedge, we will see significant price growth. Best regards CobraVanguard.💚 Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
1
AUDNZD Technical OutlookWhat I See! AUDNZD is showing a rising wedge formation after an extended move higher from the May swing low. Price is reacting around the 1.1000 psychological level, which overlaps with a daily Fair Value Gap (FVG) and a prior supply zone. From a structural perspective, a move toward the bullish daily FVG near 1.0850 is a possible short-term development. If this zone holds, the chart could continue to build toward the equal highs around 1.1181. Alternatively, invalidation of the 1.0850 daily FVG could open the door for a deeper decline, potentially completing the wedge pattern and drawing price toward lower demand areas. This chart is presented for educational discussion of market structure and technical patterns only. It is not a trade signal or financial advice. 💬 Got questions? You’re welcome to share your thoughts in the comments.
by Wave-Trader-Pro
Inverse Head an Shoulders for FIL coinIt has been chaotic for the FIL coin stans, I not sure what do they call them :D. Will this be the bottom or the base before the ALT season? I don't think FIL will reach its ATH soon, maybe a decade? On the weekly timeframe, we are seeing an inverse head and shoulders pattern inside a falling wedge. If the price breaks out the upside, a huge gap could be filled and we might see the price coming back to 11 this year on conservative poin of view. Keep in mind the Fil coin has its unique utility for decentralized storage and through out the years we are seeing an influx of memory usage. Remember the time when 16mb was a huge thing ? What about having it decentralized and on a blockchain ? What do you guys think ? Is it possible to even get back at 50-70s? Cheers, cjustgold
COINBASE:FILUSDLong
by czguinto
4
British Pound can little grow and then drop to buyer zoneHello traders, I want share with you my opinion about British Pound. If we look at the chart, we can see how the price started to grow inside an upward channel, where it at once broke the 1.3280 level. In the channel, it rose to the resistance level, which coincided with the seller zone, after which it rebounded and fell to the support line of the channel. Later, GBP rose to the seller zone and dropped, breaking the resistance level and exiting from the upward channel. Then the price entered to wedge and then made an impulse up, breaking the resistance level, and rose to the resistance line of the wedge. After this movement, it turned around and started to decline. Soon, it broke the 1.3580 level one more time and fell more. But later it turned around and rose to the 1.3580 resistance level, which coincided with the resistance line of the wedge. Then it dropped to the support line of the wedge, breaking the support level, but soon it backed up and rose back to the resistance line of the wedge pattern. Now I expect that the British Pound can continue to decline inside the wedge, and reach the buyer zone, breaking the support level. For this case, I set my TP at 1.3245 points, which coincided with the buyer zone. Please share this idea with your friends and click Boost 🚀 Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Short
by LegionQ8
16