Get started

Wedge

EURUSD Short: Targeting the 1.1560 Demand ZoneHello, traders! The prior market structure for EURUSD was a complex downward wedge, from which the price eventually broke out and entered the current consolidation range. This range has been established between the 1.1795 supply 2 level and a demand zone at the lows, with the price action rotating between these two key boundaries. Currently, the auction is at a critical inflection point. After bouncing twice from the demand zone at the bottom of the range, the price has rallied back up to test the key horizontal supply at the 1.1670 level. After a brief test, the price has been rejected from this area, showing that sellers are in control here. My scenario for the development of events is a continuation of this decline from the supply level. I believe this rejection confirms the range is still active and that the next logical move is a rotation back down to the lows. In my opinion, the bearish initiative from this rejection will be strong enough to push the price to the demand zone. The take-profit is therefore set at 1.1560. Manage your risk!
Short
by heniitrading
3
S&P500 | Mild CrashRisk assets looking to sell off as the stock market tops out around $6,800. Current price action is only pulling back to test sellers again and we should see a continuation in selling until mid November and hopefully to see a Christmas rally to end the year off. Since price action awfully looks similar to '24 - '25 Fractal we could say the SPX will look to top next year February/March also considering we're on correction 4 in the Elliott Wave Theory. Would like to see the S&P bottom out around April - July months of next year at $5,600 if we can continue the bullish parallel trend.
OANDA:SPX500USDShort
by Nathanl19
Price Action Key for FTSE 100With momentum indicators generating neutral signals and the price resting on support, there are numerous two-way trades to consider in the FTSE 100 contract. 9360 is the level to watch in the short term, coinciding with the high set on August 22. Since being established, it has provided resistance and support, making it a decent level to build setups around. If we see a clean break beneath 9360, shorts could be established below the level with a tight stop above for protection, targeting either 9315 (the intersection of former triangle resistance and wedge support), the 50-day moving average at 9271, or 9200, depending on the desired risk-reward you’re seeking from the trade. Alternatively, if the price manages to reclaim 9360 and hold there, the setup could be flipped, allowing for longs to be established above with a stop below for protection. Given the falling wedge pattern the contract finds itself coiling in, convention suggests that if we see a break of downtrend resistance around 9440 today, it could see the price revisit the swing high of 9579 set earlier this month. Resistance at 9485 provides another option for those seeking less from the setup. There is no firm directional signal from either RSI (14) or MACD, sitting in either neutral territory or indicating waning bullish strength. Price action should therefore take precedence when it comes to trade selection. Good luck! DS
FOREXCOM:UK100
by FOREX.com
$TSLA: Symmetrical wedge breaking down. NASDAQ:TSLA Symmetrical wedge breaking down. ⚠️ Volume confirms exit pressure — sellers controlling equilibrium. Lower highs compressing liquidity. Fib confluence supports a leg toward $411–$401 zone (1.0–1.272 extension). RSI momentum flattening under 50. DSS bias = short-term bearish continuation. Target → $401–$400 liquidity pool Invalidation above $436.50 This could be a slow liquidity drain before a bigger displacement. 🧠 #VolanX #LiquidityZones #AITrading #TSLA #SMC
NASDAQ:TSLAShort
by Wavervanir_International_LLC
#GASUSDT #1D (ByBit) Falling broadening wedge breakout & retestNeoGas printed a golden cross on daily and a morning star at the same time, just like last year. Also formed a triangle, seems likely to bounce on 200MA support then break bullish in the coming weeks. ⚡️⚡️ #GAS/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (2.0X) Amount: 5.4% Current Price: 3.281 Entry Targets: 1) 3.201 Take-Profit Targets: 1) 4.387 Stop Targets: 1) 2.607 Published By: @Zblaba HOSE:GAS BYBIT:GASUSDT.P #1D #NeoGas #dBFT neo.org Risk/Reward= 1:2.0 Expected Profit= +74.1% Possible Loss= -37.1% Estimated Gaintime= 1-2 months
Long
by TradingOn
GBPUSD Breaks Out of Descending WedgeGBPUSD has broken the descending wedge formation to the upside. The move came alongside a falling dollar index and a drop in gilt yields. Expectations for BOE rate cuts have increased following dovish comments from Bank of England members, particularly Governor Bailey, who focused on signs of weakness in the labor market. Normally, rising dovish expectations would weigh on a currency, but the market has interpreted the fall in already high yields as positive for the pound. On Tuesday, the unemployment rate unexpectedly rose to 4.8 percent from 4.7 percent. However, today’s narrower trade deficit and mild GDP growth figures were both supportive for GBP. With the wedge now broken, upward pressure is likely to continue. Before another leg higher, GBPUSD may retest the broken wedge around the 1.3360–1.3390 zone. If this area holds, any short-term pullback could create buying opportunities toward levels above 1.35.
by ftdsystem
NIFTY Pattern analysis📈 Chart Structure Overview The chart clearly shows a rising wedge formation — a bearish reversal pattern typically appearing at the end of a bullish rally. ✅ Summary View Aspect Observation Pattern Rising Wedge (Bearish) Bias Short-term corrective / bearish Key Resistance 25,380–25,420 Key Breakdown Zone 25,120 Targets 24,900 → 24,700 → 24,400 Stop-loss (for short) 25,450 Conclusion Nifty’s price action suggests distribution and exhaustion at the top. A confirmed breakdown below 25,120 could open up a short-term correction of 500–700 points. Stay cautious of false breakouts above 25,400 unless backed by strong volume. Disclaimer: This analysis is for educational and technical insight purposes only. Trading decisions should be based on your own confirmation strategy, volume validation, and risk management.
NSE:NIFTYShort
by shiva560060
1
EURUSD – Triple Top Zone Formed | Correction Expected Before FX:EURUSD 📊 📉 Market Overview EURUSD continues to respect its ascending structure but is currently struggling to break above the top resistance, forming equal highs — a liquidity trap area. A clean rejection here could drive price toward the 1.1620–1.1610 demand base before the next bullish impulse. Buyers are expected to re-enter at this region to continue the broader bullish leg. Key Scenarios ✅ Bullish Case 🚀 → After correction to 1.1620–1.1610, expect move toward 🎯 1.1650 | 🎯 1.1680 ❌ Bearish Case 📉 → Break below 1.1600 may shift structure toward 1.1560 zone Current Levels to Watch Resistance 🔴 1.1645 – 1.1650 Support 🟢 1.1620 – 1.1600 ⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice
Short
by vipblueprintfx
GOLD (XAUUSD) – Decision Zone Ahead | Bulls Holding DemandTVC:GOLD Market Overview Gold has shown repeated rejections from the demand base, confirming aggressive buyer interest. Every retest of the yellow box created higher lows, showing accumulation before a potential expansion toward new highs. If bulls hold above 4 200, continuation toward the 4 228–4 235 zone (previous all-time-high region) is expected. Key Scenarios ✅ Bullish Case 🚀 → 🎯 Target 1 4 218 | 🎯 Target 2 4 230 | 🎯 Target 3 4 240 ❌ Bearish Case 📉 → Rejection from decision zone → Retest of 4 185 then 4 165 Current Levels to Watch Resistance 🔴 4 218 – 4 230 Support 🟢 4 185 – 4 165 ⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice.
TVC:GOLDLong
by vipblueprintfx
EURUSD Short: Trend Continuation After BreakdownHello, traders! The prior market structure for EURUSD has shifted to a bearish bias following a major reversal from the supply 2 level near 1.1835. The failure of a prior ascending channel initiated a new downtrend, which has been guiding the price auction lower through a series of complex breakdowns and consolidations. Currently, the price action has shown significant weakness by breaking below the key horizontal support at the 1.1580 level. After multiple failed attempts by buyers to hold this level, sellers have successfully pushed the price below this critical area. The auction is now in a corrective pullback, approaching this broken support level from below for a classic retest. My scenario for the development of events is a continuation of the downtrend. I believe this rally is a corrective retest that will fail upon reaching the 1.1580 level, which should now act as strong resistance. In my opinion, a confirmed rejection from this area will validate the bearish control and trigger the next impulsive move down. The take-profit is therefore set at 1.1510. Manage your risk.
Short
by heniitrading
15
EURUSD: Down Trend will Continue in ChannelHello everyone, here is my breakdown of the current Euro setup. Market Analysis EURUSD has shifted to a bearish structure. This happened after a 'fake breakout' to a new All-Time High was aggressively sold off, leading to a sharp reversal. This sell-off has since been contained within a well-defined Downward Channel, creating a series of lower highs and lower lows. Currently, the price is in a corrective rally phase. After finding support near the 1.1550 level, the price has bounced and is now directly testing the descending resistance line of this channel. This is a critical area where the dominant downtrend could resume. My Scenario & Strategy I'm looking for the price to complete this corrective rally, possibly with one small final push higher, and then show a clear sign of rejection from the resistance line. This failure to break out would be the key signal that sellers are stepping back in. Therefore, the strategy is to watch for this rejection. A confirmed reversal would validate the short scenario. The primary target for the subsequent decline is 1.1525, aiming for a new low within the channel's structure, near the Support zone. That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
Short
by Ratner
4
AUDUSD | Sliding Door Moment Below 0.6550The Aussie’s drop below 0.6550 wasn’t on many radars a month ago. A resurgent USD and renewed US–China trade friction have flipped the tone, leaving AUD at a critical crossroads. Technical Lens: AUD/USD sits just under key support near 0.6550 — a zone that could define whether the pair stabilises into year-end or slides toward the 0.62 handle. Momentum remains fragile, but oversold signals are emerging on shorter timeframes. Scenarios: The Calm Returns: A diplomatic thaw or tariff pause could lift sentiment and reopen the path toward 0.68 by December. Controlled Chaos: Ongoing noise without escalation keeps AUD capped near 0.66 as the Fed easing cycle does the heavy lifting. Fractured Trade Front: A full tariff hike wave risks dragging AUD/USD toward 0.62 as RBA easing expectations rise sharply. Dollar Backfire: An aggressive tariff shock could first hit AUD, then spark a USD selloff that flips the script back toward 0.67. Catalysts: Watch for headlines ahead of the Trump–Xi summit in South Korea (Oct 31), China’s next PMI prints, and RBA guidance into November. Takeaway: AUD/USD is sitting on a fault line — 0.6550 is the pivot between relief and renewed trade-driven stress.
by Alchemy Markets
QQQ: Bull Trap or Bounce Time? The $593 Line in the SandQQQ is gapping down right into a massive technical test: the $593 Gap Support. This is not a regular drop. Our chart is showing a rare conflict: Bullish Setup: A Hidden Bullish Divergence (HBD) is screaming for a bounce. Bearish Risk: A loss of the low could trigger a rapid descent to the $580 Zone. The bias right now is neutral-bullish — cautious optimism. If bulls hold the gap, expect a short-term rebound toward $603–$605 where sellers will likely re-emerge. But if $593 gives way, this turns into a full-on correction targeting $582 → $560, completing the wedge breakdown target. This is the moment of truth. Bulls need to defend $593 or risk a complete sentiment shift. Key Levels: $603.85 — Breakout Zone $593.24–$597.23 — Gap Support $589.05 — Structural Floor $580–$582 — Breakdown Zone $555–$560 — Rising Wedge Target Bias: 🟡 Neutral-Bullish (Cautious) Timeframe: 1H Indicators: RSI Hidden Bullish Divergence, Rising Wedge Breakdown
NASDAQ:QQQ
by Alchemy Markets
1