Get started

Breakout

Latest Gold Price Update Today – The Downtrend Isn’t Over Yet👋Hello everyone , great to see you again — let’s take a look at OANDA:XAUUSD ! From a fundamental perspective, gold remains range-bound as the US dollar (USD) shows a strong recovery following remarks from Fed Chair Jerome Powell during Wednesday’s press conference. On the technical chart, gold has formed a clear Double Top pattern on the 4H timeframe, breaking its previous bullish structure and confirming a Change of Character (CHOCH) from an uptrend to a downtrend. Additionally, the EMA 34 and EMA 89 have crossed downward, reinforcing the short-term bearish signal. For now, the immediate support zone sits around the psychological level of $3,900. If this level is broken, I expect another Break of Structure (BOS) to follow. What about you — do you think gold will rebound from this support zone or continue falling in the coming sessions? 💬 I’d love to hear your thoughts in the comments!
OANDA:XAUUSDShort
by Kevinn_Nguyen
57
BTCUSD Rebound Setup: Buyers Target 114K Resistance ZoneHello traders, I want to share with you my opinion about Bitcoin (BTCUSD). Bitcoin continues to move within a well-defined descending channel, forming a consistent pattern of lower highs and lower lows. This confirms that the market remains under bearish control, with sellers actively defending each retest of the resistance line. The Resistance Level at 115,600 has acted as a major cap for bullish attempts, rejecting multiple upside moves over the past few weeks. Recently, BTC retested the Buyer Zone near 108,000–109,000, where strong demand emerged, preventing further downside. This level aligns with both the Support Line of the channel and the horizontal Support Level at 106,400, making it a critical zone for potential bullish reactions. At the current stage, the price is showing early signs of a corrective rebound from the Buyer Zone. I believe this recovery could push the price toward the Seller Zone and Resistance Line, with a short-term target (TP1) around 114,000. However, this move should be viewed as a correction within a broader bearish trend unless BTC manages to break and hold above the 115,600 resistance area. My scenario suggests that BTC could face selling pressure once it reaches the upper boundary of the channel, possibly leading to another bearish leg unless bulls confirm a breakout. Please share this idea with your friends and click Boost 🚀
THINKMARKETS:BTCUSDLong
by LegionQ8
4
XAUUSD: Correction Phase Aiming Toward 3,900 SupportHello everyone, here is my breakdown of the current Gold setup. Market Analysis Gold (XAUUSD) has shifted from a strong bullish phase into a clear bearish structure after failing to sustain momentum above the 4,130 Resistance Zone. The market initially traded within an Upward Channel, forming a steady series of higher highs and higher lows until buyers lost strength near the top of the range. A breakout from the channel confirmed the end of the bullish impulse, followed by a range formation and multiple fake breakouts, indicating indecision and growing selling pressure. Eventually, the market broke below the range, retested the resistance area, and established a Downward Channel, showing that sellers have regained control. Currently, Gold is moving within this descending structure, respecting both the upper and lower boundaries of the channel. The Resistance Zone around 4,130 has once again acted as a strong supply area, rejecting price and pushing it lower toward the Support Zone near 3,900. My Scenario & Strategy From my perspective, XAUUSD is likely to continue its short-term bearish correction toward the 3,900 support level, which aligns with the lower boundary of the channel. A successful test of this area could trigger a short-term reaction or even a potential reversal if buyers step in. As long as price remains below the Resistance Zone (4,130) and within the Downward Channel, the bearish sentiment remains dominant. A confirmed breakdown below 3,900 could open the door for a deeper move toward the 3,850–3,820 zone. For now, I remain bearish in the short term, looking for short opportunities from the upper channel resistance with a primary target at 3,900. That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
FOREXCOM:XAUUSDShort
by Ratner
9
BTCUSDT – Rejection at Resistance - What’s Next for Bitcoin?👋Hello everyone , what do you think about BINANCE:BTCUSDT ? Today, BTCUSDT is trading around $110,700 after failing to sustain its recovery above the $115,000 resistance zone. This area is considered a “redistribution zone”, where sellers are regaining short-term control. After the drop from resistance, price made a pullback, and the key zone to watch is between the 0.5–0.618 Fibonacci levels. If selling pressure continues, Bitcoin could likely decline toward the $106,000–$105,000 support area in the coming sessions. From a sentiment perspective, Bitcoin’s momentum has slowed down in October. Investors are becoming more cautious as institutional inflows cool off and expectations rise that the Fed may maintain tight policy for longer. This has tilted the short-term outlook slightly toward a correction phase. What about you — do you think Bitcoin will bounce back from support, or will it continue to drop deeper? 💬
by Kevinn_Nguyen
15
BTCUSD Short: Targeting 108,000 Demand ZoneHello, traders! Bitcoin (BTCUSD) has recently transitioned from a prolonged bullish structure into a corrective phase after facing strong rejection from the 116,000 Supply Zone. The market previously traded inside a well-defined Ascending Channel, forming a steady sequence of higher highs and higher lows — a classic bullish formation.However, after testing the upper boundary of the channel and the Pivot Point, BTC failed to sustain bullish momentum. The breakout attempts above the supply zone turned out to be fake breakouts, showing exhaustion among buyers. Since then, the market has shifted its tone and started to form a descending structure, moving below the Supply Line that now acts as dynamic resistance. Currently, the price is pushing lower from the mid-range of the channel toward the Demand Zone, located between 108,000 and 107,700. This area has previously served as a strong support base that triggered impulsive bullish reversals in the past. In my opinion, BTC is likely to extend its bearish correction toward the 108,000–107,700 demand area. A successful test and strong reaction from this zone could mark a potential bullish reversal, confirming demand absorption and the end of the correction phase. However, if sellers maintain control and manage to break decisively below 107,700, the market may open the way for a deeper decline toward the 106,000 level. As long as the price remains below the Supply Line, short-term bearish pressure prevails. I’m currently bearish to neutral, looking for price action signals around the demand area to confirm whether a new upward impulse is about to begin. Manage your risk!
BINANCE:BTCUSDShort
by heniitrading
6
XAUUSD Long: Demand Zone Holding, Eyes on $4,080Hello traders! Gold (XAUUSD) is currently showing a corrective phase within its broader bullish trend. After a strong rally from the $3,850 Demand Zone, price climbed steadily along the ascending Trend Line, forming higher highs and higher lows until reaching the $4,150–$4,180 Resistance Area. This zone acted as a key pivot point, where buyers lost momentum and sellers initiated a retracement. Following this, the market broke below the Trend Line, signaling the start of a short-term correction. The correction found temporary support near the $3,950 Demand Zone, where buyers have recently stepped in again. This level coincides with a previous pivot and a key structural support area, suggesting a potential rebound setup. At the moment, price is consolidating between the $3,950 Demand Zone and the $4,080–$4,150 Resistance Area, indicating indecision before the next move. From my perspective, Gold is likely to attempt a bullish correction toward the $4,080–$4,150 Resistance Zone, which aligns with both the previous Trend Line and recent pivot structure. A successful break and close above $4,150 would confirm a trend continuation toward higher levels. However, if the price fails to break above this resistance area and gets rejected, sellers could regain control, pushing the market back down toward $3,950 or even lower. For now, I’ll be watching for confirmation of a bullish reaction from the $3,950 Demand Zone to validate a short-term long setup targeting $4,080. Manage your risk!
FOREXCOM:XAUUSDLong
by heniitrading
1
Gold Rebound: Bulls Target 4,130 ResistanceHello, traders, I want share with you my opinion about Gold. Gold has been trading within a broad technical structure, evolving from a strong bullish phase into a corrective descending channel. The previous uptrend was clearly defined by an ascending channel, which guided the price through multiple impulsive rallies and pullbacks. However, after forming a double-top pattern near the 4320 resistance level, buyers began to lose momentum, resulting in a sharp decline. Currently, the price is trading within a well-defined descending channel, where sellers have been maintaining short-term control. After a deep test of the Buyer Zone around 3920, the market has shown early signs of a potential rebound. The asset is now pulling back from this support area and is approaching the resistance line of the descending channel. In my opinion, this upward correction represents a short-term recovery within a larger bearish context. I expect that the price will rally towards the Resistance Level near 4130–4140, where strong selling pressure may reappear. This area is also aligned with the upper boundary of the descending channel, creating a strong confluence zone. A rejection from this resistance line would confirm the continuation of the bearish structure. The next potential move could be a rotation back down towards the Buyer Zone, or even a deeper retest of the Support Line around 3920. My take-profit (TP1) for the corrective rally is placed at 4108, targeting the upper range of the structure before the next potential reversal. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDLong
by LegionQ8
14
EURUSD – Sellers Still in Control After FOMC Pressure👋 Hello everyone , what’s your view on FX:EURUSD ? The EUR/USD pair lost momentum and slipped below the 1.1600 support level following the Federal Open Market Committee (FOMC) meeting on Wednesday. The strong rebound of the U.S. dollar after Chair Powell’s press conference continued to weigh on the pair as investors now turn their focus toward the upcoming ECB meeting on Thursday. From a technical perspective, EURUSD is moving exactly as previously forecasted . After being strongly rejected at the 1.166 resistance, the price reversed downward and remains under bearish control. Currently, the pair is seeing a minor pullback, but both the EMA 34 and EMA 89 continue to slope downward, indicating that bearish momentum remains intact. As long as the price stays below the descending trendline, the path of least resistance for EURUSD is still to the downside. What about you — do you think the pair can recover or will it keep falling further? 💬 Share your thoughts in the comments below — and good luck!
Short
by Kevinn_Nguyen
8
EURUSD Long: Buyers Targeting a Move Toward 1.1670 ResistanceHello traders! EURUSD has recently shown a structural shift after forming a strong rejection from the Demand Zone near 1.1560, which also acted as a key pivot area. This reaction marked the end of the previous bearish phase inside the Descending Channel, leading to the formation of a new Ascending Channel — indicating the potential start of a medium-term recovery. After the price reached the Supply Line, a fake breakout occurred around 1.1670, followed by a brief pullback to retest the lower boundary of the channel. This move trapped early sellers, and the quick rebound suggests that buyers are still active and defending the structure. At the moment, EURUSD is trading around 1.1640, aiming for another test of the 1.1670 resistance zone, which aligns with both the supply line and the upper boundary of the channel. A successful breakout above this area could confirm bullish continuation, targeting higher levels. However, a strong rejection from this resistance might trigger another short-term correction back toward 1.1600–1.1580, where demand could once again reappear. Overall, the structure remains bullish-to-neutral in the short term, with 1.1670 acting as the critical breakout level to watch. Manage your risk!
Long
by heniitrading
8
XAUUSD Breaks Out and Continues Its Bullish RallyOANDA:XAUUSD The market is still in a strong downtrend, yet the bearish momentum is gradually losing strength as a double bottom pattern begins to form, a classic signal that sellers are running out of steam. After the second bottom took shape, buyers stepped in with growing confidence, and the price is now testing the neckline, confirming a structural shift toward a potential bullish reversal. At this point, all eyes are fixed on the neckline. If a breakout above this level occurs, it will confirm the pattern and open the path for buyers to push the price higher toward 4,135.
OANDA:XAUUSDLong
by Erikk_Kraft
3
USDJPY Potential BULLISH Setup🚀 USDJPY UPDATE: BULLISH Setup Summary: Analysing price action from yesterday, breakout from the Daily timeframe accumulation zone has materialized with strong conviction. TRADE SETUP Metrics: - Entry: ✅ - Stop loss - Below Support Zone - Target 1: (R:R 1:2)🎯 Technical Anticipations: - Price action to show a Bearish rejection around BOS - Support zone to hold Position Management: - Profits secured at Target 1 (choosing to keep it short and sweet) LIKE or COMMENT if this idea sparks your interest, or share your thoughts below! FOLLOW to keep up with fresh ideas. Tidypips: "Keep It Clean, Trade Mean!"
Long
by Tidypips
Bitcoin Approaches Key Resistance — Bulls Eye 117K BreakoutHello traders, I want to share my view on Bitcoin (BTCUSD). The current market structure shows a gradual recovery phase following the previous breakdown from a large range near the 118,000 level. After a sharp decline and retest of the 106,400 support zone, the market found strong buying interest, forming a new ascending channel structure. This setup has been characterized by steady higher highs and higher lows, confirming the presence of short-term bullish momentum. At this stage, BTCUSD is approaching a key resistance level around 116,000, which aligns with both the upper boundary of the current channel and the prior horizontal resistance zone — a region that previously acted as a strong supply area. This confluence suggests that the market could face a short-term pause or pullback before attempting another bullish impulse. My primary scenario anticipates that if the price holds above the support line near 113,000–113,500, buyers may maintain control and push toward the 117,000 target (TP1) — the next logical resistance level and the top of the channel. However, a clear rejection from 116,000 without follow-through could open the door to a corrective pullback toward 110,500–111,000 for another demand test. In my opinion, the structure remains bullish in the short term, as long as the lower boundary of the ascending channel holds. Therefore, I continue to favor a long scenario with a TP at 117,000, expecting a potential breakout or test of the upper resistance. Please share this idea with your friends and click Boost 🚀
THINKMARKETS:BTCUSDLong
by LegionQ8
19
XAUUSD: A Potential Reversal on the HorizonOANDA:XAUUSD The price has been on a steady decline, but there's a shift happening. Sellers have tried to push the price even lower twice, but both attempts were met with strong rejection at nearly the same price level. This is forming a Double Bottom, a classic signal that the downward momentum is losing power. Now, all focus is on the neckline. A decisive breakout and a close above this level will not only confirm the pattern but could also spark a significant rally toward the 4,135 target. If this happens, we could be looking at the beginning of a powerful trend reversal. The market is gearing up for a move, and this is where it gets exciting.
OANDA:XAUUSDLong
by Erikk_Kraft
2
EURUSD - Reversal, But Still Many Risks👋Hello everyone, what do you think about FX:EURUSD ? Since the beginning of the week, EURUSD has shown a relatively positive reversal as the US dollar weakened from last week's highs. At the time of writing, the pair is trading around 1.1655, approaching the fib retracement zone, which also serves as an important resistance level. This area could create a clear breakout. If buying momentum is strong enough to break through, a solid candle close above this level could push EURUSD to test the area above 1.1700. On the other hand, this is also a level that bears are watching closely, so make sure to monitor the price action carefully before making any trading decisions. From your perspective, do you think EURUSD will follow scenario 1 or 2 ? 💬 Share your thoughts in the comments!
by Kevinn_Nguyen
15
XAUUSD: The Bullish ABCD Pattern Signals Potential Price SurgeHey everyone, it's Erik! The price has decreased within the bullish ABCD pattern, a pattern that often indicates that the sellers have exhausted their strength, with their momentum weakening near the bottom. Recently, the price broke above the upper trendline, signaling that buyers are starting to intervene, shifting the market dynamics in their favor. If the price stays above this recently broken level, we could see a significant rise. My target is for the price to reach around 4,130, a reasonable level based on the current setup.
OANDA:XAUUSDLong
by Erikk_Kraft
5
BTCUSD Breakout: Daily Neckline Close Targets 122,000–124,500Hello, traders—BTCUSD is coiling inside a broad 1D range after topping near 126,000. Buyers defended the demand zone at 104,000–108,000 and price has since pushed back toward a clear neckline around 116,000 formed by a developing double-bottom (lows from early September and mid-October). The structure is neutral-to-bullish, with momentum improving as price rebounds from the lower boundary. Primary path: a daily close above 116,000 confirms the neckline break and opens room toward 122,000 first, then the 124,500–125,000 resistance where supply repeatedly capped rallies. If strength persists, watch for a break-and-hold above 125,000 to transition the range into continuation. Trade-wise, the cleaner confirmation is a daily close ≥116,000/116,500 with targets at 122,000 and 124,500 while using the prior breakout area to trail risk. Alternative: a firm rejection at 116,000 would keep the range intact and invite a pullback toward 111,500. A decisive daily close below 111,500 puts 108,000 back in play; a loss of 108,000 risks a deeper sweep toward the 104,000 floor. Invalidation for the bullish idea is a daily close back below 111,500 after breakout, or any decisive failure of 108,000 that negates the base. This is a study, not financial advice. Manage risk and invalidations
Long
by bbqgio
2
ZEC not a secret anymore with a bullish monthly close incoming ZEC has been unreal and life changing. But this is only the beginning. Zcash will print another candle on the monthly chart today. The asset is looking for support above the 2021 top. All signs are pointing to this happening. ZEC has on exchange price history at $30k and beyond a coin. The buy volume on the monthly chart is massive. It's time to lock in. Tf in. My intent for your reality is the same bliss I am seeking.
KRAKEN:ZECUSDLong
by observingthetrade
ALLCARGO MAKING STRONG BASE FOR HUGE BREAKOUT SOONAllcargo Logistics operates as a global integrated logistics solutions provider, specializing in multimodal transport, container freight stations, contract logistics, and project cargo. It plays a pivotal role in global trade, with a presence in over 180 countries. Yes, Allcargo Logistics is showing signs of short-term strength. The stock is currently trading around 33.30, slightly above key pivot and resistance levels , a VCP pattern is emerging and waiting for full confirmation , - 📈 Bullish trigger: Sustained close above 33.76 (100-day EMA) with volume - 📉 Bearish risk: Breakdown below 31.20 could invite further downside short to mid term it may show good upside as risk and reward ratio looking good at current levels .
NSE:ALLCARGO
by ACHARTS3108
XAUUSD Short: Selling the Bounce Within the Descending ChannelHello, traders! The price action for Gold (XAUUSD) has been dominated by a bearish structure since the breakout below the ascending channel and rejection from the SUPPLY ZONE 2 near 4250. This move initiated a clear downtrend, forming a descending channel that has guided the market lower through a sequence of impulsive declines and short corrective rebounds. Currently, the price is testing the Demand Line of this descending channel, located just above the Demand Zone around 3867. This zone represents a key area of potential buying interest that previously acted as a reaction point during earlier phases of the uptrend. In my view, the market is now entering a critical stage. A temporary corrective rally towards the upper boundary of the channel (near the Supply Zone 1 at 3950–4100) is likely before sellers may step in again to resume the broader downtrend. My scenario anticipates that this corrective bounce will be limited, with sellers defending the Supply Zone 1, leading to another move downward toward the Demand Zone and potentially lower levels. A confirmed reversal signal in this area, however, could offer a long opportunity for a larger bullish impulse later on. Manage your risk!
FOREXCOM:XAUUSDShort
by heniitrading
6