Symmetrical Triangle

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 ag

GOLD → Testing 3700. What to expect from the price going forward FX: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: Slow

EURUSD → Breakthrough of consolidation resistance. Rally?FX:EURUSD ends correction with a breakout of consolidation resistance. The market is waiting for a positive driver in the form of economic news that could support the growth of the euro... A breakout of the correction (consolidation) resistance has formed. However, the momentum is being replaced by a correction aimed at consolidating in the bullish plane, which could trigger continued growth in the medium term. The dollar looks weak, and expectations of interest rate cuts are supporting t

SOLUSDT → Consolidation before the rally. New high?BINANCE:SOLUSDT continues to form a bullish trend without reacting to market noise. The price is consolidating before a possible rise. Focus on the trigger... Bitcoin previously overcame correction resistance and is consolidating in an intermediate zone in anticipation of a bullish driver, which could generally strengthen positive sentiment in strong altcoins. Against this backdrop, the market may form growth... SOL is consolidating in a symmetrical triangle pattern within an uptrend. Buye

Chart Alert: Major Pattern Formation in JSW Energy This is the daily timeframe chart of JSW Energy. The stock is currently forming a symmetrical triangle pattern with support around ₹465–₹475 and resistance near ₹564–₹570. If JSW Energy sustains above this resistance zone, it could trigger a breakout, potentially leading to higher price levels in the coming sessions. Thank you.

EURUSD Long: Impulse Up from Demand Line of Triangle Hello, traders! The price auction for EURUSD has been consolidating for an extended period, forming a large symmetrical triangle pattern. This structure signifies a period of balance and contracting volatility, with key pivot points establishing the upper supply line near the 1.1735 SUPPLY level and the lower demand line originating from the 1.1575 DEMAND level. The market has been coiling within these boundaries, building energy for a decisive move. Currently, the auction is at a critical infl

by heniitrading

STRK / USDT : Near to support of symmetrical triangle STRK/USDT is trading near the support of the symmetrical triangle. Bullish scenario: If support holds, price could bounce toward the resistance at $0.13. Bearish scenario: A breakdown from this support may drag price toward $0.096. Always wait for confirmation before entering. Manage risk properly and trade according to market conditions.

by Crypto-by-PRIME

Gold is now less than $100 from hitting target I called in 2023 Been a long journey but the top target I charted all the way back in 2023 for gold is about to get hit as we are now less than100 dollars away from that target. Based on this blue symmetrical triangle it is currently breaking up from we should not only hit the old target but surpass it and head to 3800 as well. *not financial advice*

GBPUSD → Retest resistance for a breakout. Distribution?FX:GBPUSD is attempting to break through the resistance of the symmetrical triangle consolidation pattern, which is a continuation pattern of the main bullish trend. Against the backdrop of stagnation and weakening of the dollar index, the GBPUSD price has stopped updating local lows, and consolidation in the form of a symmetrical triangle is forming. The strengthening of the GBP led to a breakout of the consolidation resistance, and if the bulls can stay above 1.352, then the market may t

BANANAS31 / USDT : Breaking out from symmetrical triangle BANANAS31/USDT is breaking out of its trendline resistance. If this breakout holds, a short-term rally toward $0.0075 looks likely. 📌 Best strategy: Wait for confirmation through a bullish move or successful retest before entering. Always manage risk and avoid chasing without confirmation.

by Crypto-by-PRIME

GOLD → Retest 3400 before the news. Will there be a rally?FX:XAUUSD is pulling back slightly after hitting a new high of 3423. The trend is bullish, and on the D1 chart we see a breakout of a symmetrical triangle, which generally hints at bullish potential. Gold is correcting after rising to $3423 in anticipation of US PCE inflation data. Key factors: Doubts about the Fed's independence are limiting the USD's strengthening. Soft Fed rhetoric: Board member Waller supported a rate cut in September and further easing. The probability of a September

JTO / USDT : Breaking out from symmetrical triangle JTO/USDT is breaking out of a symmetrical triangle pattern. If this breakout sustains, we could see a strong bullish rally toward the $3 – $4 zone. Recommendation: Spot buying is favorable here — enter after confirmation and consider holding for midterm gains. Always manage risk wisely.

by Crypto-by-PRIME

GOLD → Bullish trend. Pullback before growth FX:XAUUSD continues to gradually storm the 3375-3405 area, paving its way to strong resistance at 3410. The fundamental background is relatively positive, with a bullish trend. Gold has retreated slightly from its two-week peak ($3400), but retains its growth potential against the backdrop of two key factors: Pressure on Fed Chair Lisa Cook is undermining confidence in the dollar and strengthening demand for defensive assets. New tariffs on China and India are reviving fears about global g

Symmetrical Triangle/ Bull Pennant on XRPUSD Nearing its Apex The bottom trendline of this triangle definitely seems to have finally been narrowed down to this purple line and green line with multiple touch points to back that up. *not financial advice*

GOLD → Correction before continuing distribution to 3400 FX:XAUUSD entered a correction phase at the start of the session after Friday's rally, triggered by positive fundamentals... Gold is falling after Friday's rise, triggered by Powell's unexpectedly dovish comments in Jackson Hole. He confirmed the Fed's readiness to cut rates in September amid risks to employment and economic growth. The probability of a September rate cut has risen to 88%. Gold is correcting after a sharp jump, but the downside potential is limited. Market attention is foc

GOLD → Consolidation and news. What are the chances for growth?FX:XAUUSD is consolidating in a symmetrical triangle pattern. Market uncertainty remains high. The global trend is bullish, while the local trend is neutral. What can we expect from gold? Gold is falling ahead of Powell's speech in Jackson Hole. The dollar is strengthening on strong US economic data (housing sales and PMI growth), which reduces the likelihood of an early easing of Fed policy. Key factors: Powell may confirm a cautious approach to rate cuts. The probability of a rate cut

PENDLEUSDT → Retest of the 5.0 liquidity zone before rising to 7 BINANCE:PENDLEUSDT is still consolidating, but is preparing to enter a correction phase, which could be triggered by a breakdown the 5.23 support level. Correction is a vital stage for further growth. Bitcoin has entered a correction phase, which in turn is triggering a correction in altcoins. PENDLE is testing support at 5.23, and a break of this support level, which is already being tested for the sixth time, could trigger a price decline to the liquidity zone of 5.01 - 4.72 PENDLE looks

GOLD → Breakthrough of downward resistance, news ahead...FX:XAUUSD is recovering after a fairly prolonged decline, and there are signs of bullish sentiment on the chart, but caution is advised as important news is ahead... Gold is in a holding pattern. Its short-term fate depends on today's US economic data and, to a greater extent, on tomorrow's speech by Powell, which will set the tone for the future. The price is recovering slightly after a recent decline, but is trading cautiously. The market is awaiting the release of S&P Global's business

Indian Hotels: Pattern Discovery Signals Potential Rally Indian Hotels is currently forming a Symmetrical Triangle Pattern with: Support: near ₹730 Resistance Zone: ₹800–810 As the wave structure is now complete, a breakout from this pattern is highly possible. 📈 If the breakout occurs, we may witness new highs in the stock. THANK YOU !!

GOLD → Correction and retest of a previously broken level...FX:XAUUSD breaks through the support of the local consolidation “symmetrical triangle” and falls to a minimum of 3311... Gold remained at a three-week low of around $3,300 in Asian trading on Wednesday as markets awaited the Fed minutes and Powell's speech in Jackson Hole. The dollar is strengthening on expectations that the Fed chair will reject the idea of aggressive rate cuts despite weak labor market and inflation data. The probability of a rate cut in September is estimated at 85%. St

GOLD → The market is waiting for a kick (driver). Consolidation FX:XAUUSD is in a stalemate. A “casino” pattern is forming in the form of a symmetrical triangle. The odds are 50/50, and everything depends on the fundamental background and the emergence of a driver. Gold is stuck in a symmetrical triangle - consolidation. Gold is trading around $3330 on Tuesday, remaining in a range with a downward bias amid caution among traders ahead of the Fed minutes. Technically, it is possible to trade the breakout from consolidation with the price consolidating

ICICI Bank on the move! A strong buy opportunity spotted.There are two charts of ICICI Bank—one on the 1-hour timeframe and the other on the 4-hour timeframe. On the 4-hour chart, ICICI Bank is trading within a well-defined parallel channel, with strong support in the 1400–1410 zone. “On the 1-hour chart, ICICI Bank is forming a Symmetrical Triangle pattern with support near 1424. The weekly pivot level at 1423 may also act as strong support, while the monthly pivot at 1450 is acting as resistance. The pattern breakout indicates a potential target o

GOLD → Attempt to break through 3350 for a retest of 3370 FX:XAUUSD is stagnating in a range, awaiting a driver. The price is consolidating, with boundaries narrowing and forming a symmetrical triangle... Gold is trying to consolidate above $3,350 after falling to an 11-day low of $3,325 amid geopolitical uncertainty. Markets are awaiting Trump's talks with Zelensky, which will be joined by European leaders, hoping for a quick peace agreement on Ukraine. However, general optimism is limiting demand for “safe assets.” Expectations of a dovish Fed

GOLD → Consolidation ahead of CPI data...FX:XAUUSD is consolidating ahead of news. Inflation is on the horizon, and further developments for the dollar and gold will depend on the data. Globally, gold is in a bullish trend, but locally we are seeing a correction... Gold is rebounding slightly from $3,341 ahead of US CPI data for July and against the backdrop of the extension of the US-China trade truce until November. Investors are assessing the prospects for a Fed rate cut, expecting inflation to remain within 2.8% (core inflati