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Parallel Channel

GOLD → The market depends on the mood of the FED. Rate cuts FX:XAUUSD , after reaching 3700, entered a correction phase triggered by profit-taking ahead of important market news—the Fed's interest rate meeting. Gold is falling and testing 3660-3650 after updating its ATH to 3703 ahead of the Fed's decision. All eyes are on Powell's forecasts and comments on future policy. Fundamentally, a 25 bp rate cut is already priced in. Much more important is whether the Fed will hint at more than two cuts before the end of the year. The market is expecting aggressive easing due to the risks of stagflation (weak labor market + persistent inflation). If the Fed takes a dovish stance (three rate cuts), gold could hit new records. If it is hawkish, i.e., a surprise (only one or two rate cuts), the dollar will strengthen and gold will correct Resistance levels: 3674.7, 3686, 3700 Support levels: 3657, 3646.5, 3637 Technically, the further scenario for gold depends solely on the mood of the Fed and Powell's comments. The market still hopes to hear more positive hints and, before that, is forming a deep correction to the liquidity zones indicated on the chart in order to buy cheaper, if the situation allows... Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
10
Bitcoin will break resistance level and continue to move upHello traders, I want share with you my opinion about Bitcoin. The market dynamic for Bitcoin has undergone a significant shift, with the prior bearish trend being invalidated by a strong breakout from a downward channel. This reversal has established a new bullish market structure, with the price action for BTC now being methodically guided higher within a well-defined upward channel. This pattern has been confirmed by multiple rotations between its support and resistance boundaries, originating from the 108400 - 109400 buyer zone. Currently, the asset is undergoing a healthy correction after testing the upper part of the channel, and the price is now approaching a critical confluence of support. This area is defined by the ascending support line of the channel and the major horizontal 109400 support level. The primary working hypothesis is a long, trend-continuation scenario, anticipating that buyers will defend this support confluence. A confirmed bounce from this area would signal the end of the correction and the resumption of the primary upward trend. This move is expected to break through the intermediate 117500 resistance level. Therefore, the TP is logically placed at 119600, targeting the upper resistance line of the channel. 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:BTCUSDLong
by LegionQ8
10
Gold will correct to support area and then continue to growHello traders, I want share with you my opinion about Gold. The market context for Gold has been firmly bullish, with the price action being guided by a well-established upward channel that has defined the trend for a significant period. The structure of this channel has been confirmed by multiple rotations between its support and resistance lines, originating from the deep 3370 - 3390 buyer zone. Currently, after a rejection from the channel's highs, the price of XAU is undergoing a healthy corrective phase. This pull-back has brought the asset into a critical confluence of support, defined by the 3635 - 3615 support zone and the ascending support line of the channel itself. The primary working hypothesis is a long, trend-continuation scenario, which anticipates that buyers will step in to defend this key support cluster. A confirmed bounce from this area would signal the conclusion of the corrective move and the resumption of the dominant upward trend. This would likely initiate the next impulsive wave higher within the channel's structure. Therefore, the TP is logically placed at 3740 points, representing a new potential structural high and a measured objective for the next impulsive wave. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDLong
by LegionQ8
27
Gold corrects ahead of rate cut (bullish) Gold is rebounding from trend resistance ahead of the new week. The market was not ready to buy at high prices ahead of a possible Fed interest rate cut. Under pressure from sellers, the price of gold is falling to retest trend support. The price attraction zone is support at 3657-3646. Below this area, there is an accumulation of trader positions that may be liquidated before the price begins to rise. As for the Fed, rates are likely to be cut, but it will be necessary to monitor what Powell says about future policy. If he supports 2-3 interest rate cuts, gold may continue its global growth...
FX:XAUUSDLong
by AndeWave
4
GBPAUD → False breakdown. Return to bullish trend FX:GBPAUD is forming a false breakdown of support and returning to a bullish trend. The market has seen a breakdown of the local structure, signaling the end of the correction. The pound sterling has consolidated above the consolidation resistance, thereby showing bullish signs, which has a positive effect on the GBPAUD currency pair. False breakdown of the trend and support of global consolidation. The price returned to the range and closed in the long zone. Bulls may provoke continued growth after the formation of local patterns... Resistance levels: 2.0746, 2.103 Support levels: 2.04788, 2.0301 Consolidation of the price above support and a breakout of local consolidation may trigger further growth. The trend is bullish, targets are indicated on the chart. Best regards, R. Linda!
Long
by RLinda
4
GOLD → Rates have been cut. Will growth continue?FX:XAUUSD , following the Fed's decision on interest rates, caused a shock, updating the ATH to 3707, then updating the minimum to 3633. Since the opening of the European session, the market has been recovering, but there is a BUT... The Fed's Dot Plot confirmed the forecast of two additional rate cuts before the end of the year, which provides long-term support for gold. The USD remains under pressure after the Fed's decision, despite a short-term rebound. Trump's statements and the escalation of conflicts continue to fuel demand for safe havens. After rising to a record high of $3707, a short-term correction is possible. If today's jobless claims come in better than expected, it will temporarily strengthen the USD. As for Powell, his emphasis on “meeting-to-meeting decisions” may limit appetite for risky assets. Resistance levels: 3674.7, 3688.6 Support levels: 3654.5, 3633, 3626.8 Technically, since the opening of the European session, gold has spent its intraday ATR reserve. From the specified resistance level of 3675 (psychological level), a correction to 3660-3655 may form before continuing to grow to 3675-3688. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
7
XRPUSD → Will the rate meeting be a bullish driver for altcoins?BINANCE:XRPUSDT.P is consolidating above the previously broken boundary of the descending triangle formed within the bullish trend. Important news is ahead—the Fed's meeting on interest rates, which is highly likely to become a bullish driver for the cryptocurrency market. The daily structure of the XRP market looks promising. The price is not updating global lows, is staying within the boundaries of the uptrend, and at the same time is breaking through the resistance of the downward correction, trying to consolidate above the fairly strong support level of 2.9535. But the market is waiting for a driver, namely fundamental background. If this background strengthens after Powell's speech, Bitcoin and altcoins may strengthen, including XRP. However, the fundamental background largely depends on the overall mood of the Fed and its comments. The market has already priced in an interest rate cut, as this is predictable given the economic data. But traders will be watching Powell's tone and how dovish or hawkish his view of the situation is. Support levels: 2.9535, 2.8853 Resistance levels: 3.0577, 3.155, 3.359 Technically, at the moment, I am considering a scenario of a retest of support and the formation of a long squeeze at 2.9535 - 2.8853 against the backdrop of increased news volatility (manipulative nature). However, if this does not happen, the focus will be on 3.0577, and a close above this level could trigger further growth. Best regards, R. Linda!
Long
by RLinda
5
EURAUD – Channeling the Bears!EURAUD has been overall bearish 📉, trading inside a clear descending channel. Price recently bounced and is now retesting the 1.7800 structure zone, which aligns with the upper bound of the channel. This area is acting as a strong confluence 🔑, making it a potential spot to look for short opportunities. As long as price remains below this structure, sellers 🐻 are likely to stay in control, with downside continuation toward the channel’s lower bound. Patience ⏳ is key here — waiting for bearish confirmation can provide a cleaner entry and reduce risk. ⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly. 📚 Stick to your trading plan regarding entry, risk, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richard Nasr
Short
by TheSignalyst
2
Wyckoff Re-Accumulation RangeMOG Coin continues to respect the Wyckoff Accumulation model, showing strong structural alignment with the textbook schematic. Phase A: PSY, BC, AR, and ST defined the range after the initial uptrend exhaustion. Phase B: Distribution-like chop with a clear UT before the breakdown. Phase C: Spring & Test successfully swept deep liquidity into the $0.00000045 – $0.00000077 zone. Phase D: Current action shows a Jump Across the Creek (JAC) followed by an LPS, building the foundation for a Sign of Strength (SOS). Phase E (Projection): If SOS confirms above $0.0000244, markup towards $0.000040 – $0.000050 becomes the next likely phase target.
CRYPTO:MOGUSDLong
by TheTraderAndy
NVIDIA Analysis: Short-Term Gains & Long-Term PotentialShort-Term Analysis (1-2 weeks): Price Action: The current price is near the lower boundary of the descending channel, with the support level around $174.80. This could act as a good entry point for a potential rebound. Technical Insights: The chart shows a descending channel, indicating that if the price reaches the lower boundary, there's a likelihood of a short-term reversal. Price Target: In the short term, the first target would be around $180, which is near the upper resistance of the channel. If broken, a further move toward $185 could be possible. Stop Loss: If the support at $174.80 breaks, the stop loss could be set at $170. Long-Term Analysis (1-3 months): Price Action: If the price manages to break out of the descending channel, a continued bullish trend would likely push the price toward $190. This is a strong resistance level. Technical Insights: A breakout from the descending channel would indicate a continuation of the bullish trend. In that case, the price might reach higher levels above $190. Price Target: In the long run, if the price breaks above the channel, the next target could be $200. Stop Loss: In case the price drops below $170 in the long term, the bearish trend would likely continue, with a stop loss set at $160. Summary: Short-Term: Support at $174.80, with a price target of $180 and a stop loss at $170. Long-Term: Bullish target at $190-$200, with a stop loss at $160. Always consider fundamental news that could significantly impact price movements.
NASDAQ:NVDALong
by isahebdadi
Alibaba Wave Analysis – 16 September 2025- Alibaba broke key resistance level 147.70 - Likely to rise to resistance level 170.00 Alibaba Group has been rising sharply in the last few trading sessions after the earlier breakout of the key resistance level 147.70 (which stopped the previous wave (A) in the middle of March, as can be seen below). The breakout of the resistance level 147.70 was preceded by the breakout of the 2 daily up channels from July and April - which accelerated the active impulse wave (C). Given the strong daily uptrend, Alibaba Group can be expected to rise to the next round resistance level 170.00, the target for the completion of the active impulse wave (C).
NYSE:BABALong
by FxProGlobal
EURUSD - Follow The Bulls Indeed!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈EURUSD has been overall bullish trading within the rising channel marked in blue. This week, EURUSD has been retesting the lower bound of the channel. Moreover, the orange zone is a strong demand. 🏹 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 orange demand. 📚 As per my trading style: As #EURUSD 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! ~Richard Nasr
Long
by TheSignalyst
9
Undeads Games may Be Preparing for its Next Major Move UpHello traders, I want share with you my opinion about Undeads Games. The market for Undeads Games has transitioned from a strong impulsive uptrend into a prolonged corrective phase, setting the stage for its next potential major move. After a rally within an upward channel peaked near the 2.0200 Resistance Level, the price entered a lengthy consolidation, forming a large pennant pattern. This correction guided the price of UDSUSDT back down to the key 1.6100 buyer zone, where it found significant support. Currently, the asset is at a critical inflection point, with the price coiling tightly at the apex of this pennant, signaling that a high-volatility breakout is imminent. The primary working hypothesis is a long scenario, which anticipates a bullish resolution to this consolidation. The expectation is that the price will break out from the top of the pennant and rally towards the major Resistance zone at 2.0200, which serves as TP 1. Following the achievement of this first target, a healthy correction or retest of the broken resistance is anticipated. A successful hold of this level as new support would then provide the foundation for the next impulsive wave higher, with a secondary objective set at TP 2 at the 2.3000 level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
LSEG Wave Analysis – 16 September 2025 - LSEG broke support level 9000.00 - Likely to fall to support level 8000.00 LSEG under the bearish pressure after the earlier breakout of the support level 9000.00 (which has been reversing the price from July). The breakout of the support level 9000.00 continues the active short-term impulse wave 5, which belongs to the intermediate impulse wave (C) from May. Given the overriding downtrend, LSEG can be expected to fall to the next round support level 8000.00, the target for the completion of the active short-term impulse wave 5.
LSE:LSEGShort
by FxProGlobal
GOLD → Testing 3700. What to expect from the price going forwardFX:XAUUSD continues to rally. Ahead lies the psychological barrier of 3700, where the market may form profit-taking ahead of Tuesday and Wednesday's news... Gold is testing 3700. The bullish trend remains unshakable thanks to a combination of macroeconomic and geopolitical factors. Expectations of Fed policy easing: There is a high probability of a 25 bps rate cut (possibly even 50 bps) as early as this week. Trump's pressure on Powell reinforces these expectations. Stagflation risks: Slowing growth amid steady inflation increases the appeal of gold as a hedge. Risks: Profit-taking: After a sharp rise, a short-term correction is possible in the psychological target zone of 3700. Retail sales data (today): Weak data will support gold, while strong data may temporarily strengthen the dollar. Fed decision (tomorrow): Even if the rate is lowered, a “sell on the fact” reaction is possible. Resistance levels: 3700, 3710 Support levels: 3685, 3675, 3657 Technically, since the opening of the session, gold has lost part of its daily ATR, and the upward movement may be zigzag-shaped, especially ahead of the news. I expect a correction from the market to 3685-3675 with the aim of rebounding upwards... Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
28
Bitcoin will start to correction after touching resistance levelHello traders, I want share with you my opinion about Bitcoin. The established market structure for Bitcoin remains bullish, with the price action being methodically guided higher within a well-defined upward channel. This pattern has been in effect since the resolution of a prior upward wedge, creating a clear sequence of higher highs and higher lows between its support and resistance lines. The price of BTC has just completed another full rotation from the channel's support and has now arrived at a critical inflection point. Currently, the asset is directly testing the upper boundary of the channel, a level which forms a powerful confluence of resistance with the horizontal 118200 - 117200 seller zone. The primary working hypothesis is a short, corrective scenario, based on the high probability that the channel's resistance will be respected. A confirmed rejection from this area would signal that the current upward impulse is exhausted and a downward rotation towards the channel's support is underway. Therefore, the TP for this rotational play is logically placed at 112200 points. This target aligns perfectly with the ascending support line of the channel, representing the most probable objective for a corrective move of this nature. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
15
GBPJPY → Ascending triangle on an upward trend...FX:GBPJPY is attempting to break through the resistance of the ascending triangle consolidation pattern amid the strengthening of the pound sterling, driven by expectations of interest rate cuts... The currency pair is breaking through consolidation resistance amid the growth of the pound sterling. The driver is the expectation of positive news... An attempt to break through resistance is forming, with bulls forming a cascade of support and a local uptrend. If the price closes above 200.27, it will be able to move into a distribution phase. Resistance levels: 200.27, 200.75 Support levels: 200.06, 199.65 Technically, the chart looks quite strong and aimed at continuing the uptrend. If the bulls can consolidate above the specified level of 200.0 - 200.27, then overall we will see a growth phase. Above the current levels, there is a free zone, and up to 208.0, there are practically no obstacles except for local levels that are not capable of reversing the trend... Best regards, R. Linda!
Long
by RLinda
5
GOLD → A s.triangle against the backdrop of a bullish trend... FX:XAUUSD is consolidating in anticipation of positive news from the Fed, namely a cut in interest rates. Against this backdrop, the dollar is falling, which only supports the price of gold... Gold is trading in a sideways range around $3650 at the start of a week packed with central bank events. Despite the lack of a clear direction, the metal is finding support thanks to several factors. Key drivers: Weak economic data from China, anticipation of the Fed's decision: On Wednesday, the Fed will almost certainly cut rates by 25 basis points, but there is a chance of 50 basis points. This supports gold. The tone of Powell's comments will determine expectations for further cuts. Technically, gold remains stable ahead of key events. China's weak economy and the Fed's dovish policy limit the potential for decline. A break above $3650 is possible with dovish signals from the Fed or an escalation of trade risks. Resistance levels: 3646, 3657, 3675 Support levels: 3630, 3620, 3600 As part of the formation of a “symmetrical triangle” consolidation, I will consider a retest of the consolidation support with the possibility of further growth (distribution). Sincerely, R. Linda!
FX:XAUUSDLong
by RLinda
22
BITCOIN → Consolidation in anticipation of a bullish driver...BINANCE:BTCUSDT is testing the 117K area as part of an upward movement triggered by the end of the bearish correction. The price is moving into consolidation. Focus on the range boundaries... The market is awaiting the Fed's interest rate meeting. A rate cut could support the growth of the flagship, but before that, the market may form a manipulation in the form of a long squeeze. The market is forming consolidation after breaking the local correction against the backdrop of a global bullish trend. Focus on the boundaries of the range. Technically, I would highlight the support of local consolidation and the previously broken trend boundary as two key details that can be used in further trading: 114600, 113300. Behind this zone lies a pool of liquidity, and before a possible rise, the price may try to absorb it... Technically, we are seeing confirmation of a bullish market structure; all that remains is to wait for the appearance of a bullish driver and the market's readiness for growth. Support levels: 114600, 113300, 110700 Resistance levels: 11700, 117860 A false breakdown of support followed by a close above one of the specified zones could attract buyer interest, which in turn could trigger a price increase within the global bullish trend. Best regards, R. Linda!
Long
by RLinda
13