Rectangle
Follow-Up on EURNZD Breakout TradeIn our last video, we looked at a consolidation pattern forming on EURNZD and discussed the potential for a breakout. Well, that breakout has now happened โ price has pushed above the sideways channel/high-and-tight flag, and weโre currently seeing a pullback into a zone that provides a solid bullish entry reason.
If youโd like to see the full breakdown, including our projected targets for this move, make sure to check out the original video I posted this weekend (linked below).
Please leave any questions or comments below.
Akil
EURNZD: More Growth Ahead! ๐ช๐บ๐ณ๐ฟ
EURNZD broke a significant daily resistance cluster on Friday, providing
a confirmed bullish BoS.
We see a retest of a broken structure today, with a consequent consolidation on that.
A bullish violation of its intraday resistance leaves another bullish clue.
I think the pair will rise more and reach 2.015 soon.
โค๏ธPlease, support my work with like, thank you!โค๏ธ
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Watchlist for the upcoming MonthWatchlist, I am leaving the buy and hold or technical analysis to the trader.
90% Equity Allocation
T (AT&T) โ One of the largest U.S. telecom operators. Known for wireless, broadband, and media services. Defensive dividend stock, often favored for income but less growth.
HWM (Howmet Aerospace) โ Supplies aerospace components, particularly jet engine parts and fastening systems. Strong tie to aviation cycles and Boeing/Airbus demand.
PLTR (Palantir Technologies) โ A data analytics and AI-driven company with heavy government and enterprise contracts. Popular among growth investors for its AI positioning.
TPR (Tapestry) โ Parent of luxury brands like Coach, Kate Spade, and Stuart Weitzman. A play on consumer discretionary spending and global luxury markets.
CBOE (Cboe Global Markets) โ A major U.S. options exchange. Benefits from high volatility and increased derivatives trading.
STX (Seagate Technology) โ A storage solutions company, specializing in HDDs and increasingly in data center storage. Sensitive to tech hardware cycles.
VST (Vistra Corp.) โ A Texas-based power generator and retail electricity provider. Recently a big beneficiary of U.S. grid transition and power demand growth.
LDOS (Leidos Holdings) โ Provides defense, IT, and engineering services. A government contractor with exposure to cybersecurity and national defense budgets.
RTX (RTX Corporation / Raytheon Technologies) โ Aerospace & defense giant. Combines Pratt & Whitney engines and Raytheon defense systems. Key player in defense spending.
RPRX (Royalty Pharma) โ Buys pharmaceutical royalties, giving exposure to drug revenues without direct R&D risks. A unique business model in biotech financing.
NFLX (Netflix) โ Streaming leader. Strong global brand with massive original content library. Faces competition from Disney+, Amazon Prime, etc., but maintains scale advantage.
PM (Philip Morris International) โ Tobacco company with a pivot toward smoke-free products (IQOS). Strong global distribution, especially outside the U.S.
AVGO (Broadcom) โ A semiconductor and infrastructure software powerhouse. Key supplier to Apple and data centers. Huge in AI-driven chip demand.
UAN (CVR Partners LP) โ Produces nitrogen fertilizer. Highly cyclical, tied to agricultural demand and natural gas pricing.
10% 2x Leverage Allocation
CAKE (Cheesecake Factory) โ U.S. casual dining chain. Consumer discretionary, sensitive to economic cycles and inflation.
NVDA (NVIDIA) โ AI and GPU leader. Critical to data centers, gaming, and autonomous vehicles. Market darling in AI revolution.
TSLA (Tesla) โ EV leader, also expanding into energy storage and AI-driven autonomous driving. Strong growth but highly competitive sector.
GEV (GE Vernova, the energy spinoff of General Electric) โ Focused on renewable and grid solutions. Plays into global decarbonization and power infrastructure demand.
MMM (3M) โ Diversified industrial conglomerate (healthcare). Currently restructuring amid legal challenges, but historically a strong dividend payer.
redusdt done a bullish reversal triangle pattern redusdt just done a bullish reversal triangle pattern in 1hr tf.
it looks like is a successful reversal play to continuation pump above the moon.
confluence with other factor:
daily rsi momentum is 59.
still remain in bullish momentum in higher time frame.
OKLO โ when nuclear momentum breaks resistanceSince late 2024, OKLO had been consolidating inside a clear rectangle between $17 and $59. The breakout from this long-term range triggered a new bullish impulse. The price has since returned to retest the breakout zone, now aligned with the 0.618 Fibonacci retracement at $51.94. The retest has completed, and the price is bouncing upward, confirming buyer interest.
Technically, the trend remains firmly bullish. The price closed above the prior range, EMAs are aligned below, and the volume spike during breakout supports genuine demand. The volume profile shows a clean path toward $100, indicating limited resistance ahead. The structure suggests a controlled rally rather than an exhausted move.
Fundamentally, OKLO is a next-generation SMR (Small Modular Reactor) company focused on delivering compact, efficient nuclear power solutions. Following its public debut via SPAC and recent capital injection, OKLO is transitioning from development to implementation. Institutional interest is holding strong, and the broader move toward decarbonization and energy independence places the company in a strategic position.
Target levels:
โ First target: $100 โ psychological and technical resistance
โ Second target: $143 โ projected from prior range breakout
OKLO isnโt just another clean energy ticker โ itโs a quiet disruptor with nuclear potential. The chart broke out. The volume confirmed. Now itโs time to see if the market follows through.
MGR - 3 years RECTANGLEโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
๐คLetโs learn and grow together ๐ค
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Hello Traders โ
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
๐๐๐ ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ DISCLAIMER โ
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
4528 - 7 months RECTANGLEโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
๐คLetโs learn and grow together ๐ค
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Hello Traders โ
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
๐๐๐ ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ DISCLAIMER โ
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
4091 - 3 months RECTANGLEโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
๐คLetโs learn and grow together ๐ค
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Hello Traders โ
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
๐๐๐ ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ DISCLAIMER โ
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
USDJPY BreakoutPrice has been consolidating since early August and has formed a clear 4-hour horizontal channel.
This week's news may cause a USDJPY breakout:
Tuesday, 16th September, US Retail Sales
Wednesday, 17th September, ๐จ FOMC, Fed Interest Rate Decision, Fed Press Conference ๐จ
Friday, 19th September, Inflation for Japan, BOJ Interest Rate Decision
Nasdaq-100 Wave Analysis โ 15 September 2025
- Nasdaq-100 broke key resistance level 24000.00
- Likely to rise to resistance level 25000.00
Nasdaq-100 index recently broke above the key resistance level 24000.00 (upper border of the narrow sideways price range inside which the index has been trading from July).
The breakout of the resistance level 24000.00 accelerated the active impulse wave v of the higher order impulse wave 5 from June.
Given the clear daily uptrend, Nasdaq-100 index can be expected to rise to the next resistance level 25000.00, target for the completion of the active impulse wave v.
5020 - 13 months RECTANGLEโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
๐คLetโs learn and grow together ๐ค
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Hello Traders โ
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
๐๐๐ ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ DISCLAIMER โ
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
Yes the chicken man - PPC Short?PPC is at the bottom of a monthly box and at VAL of the daily and weekly anchored volume profile. It could catch a bid here and retest $45.60s(VPOC).
If the retest ends in a rejection of that area, and a daily close below the previous low around $41.95 then I expect short continuation and validation of the H&S.
I would especially like this trade after a retest and rejection of box bottom around $43.41 - $43.30.
My targets would be 40.11, 38.98, 37.27,35.96 then 33.72.
A buy idea on Sei/UsdtLiquidity was built up on the buy side to be taken, and we have a three touch thread line liquidity.
Price is also coming off a strong 4hr breaker zone, and a confirmation entry on 30minute already presented it self. Waited for the break of structure and an inducement of recent low ro be taken in the 5mins to fuel โฝ price going up. Targeting candle the 4hr next swing high Incase of price waiting to reverse.
ICON โ Breakout from Rectangle with H Projection Targeting $700ICON (3D) โ Technical Structure Analysis
ICON has broken out from a prolonged horizontal rectangle pattern ($380โ$540). The move activated a measured move structure with two H-sized waves. The first H was completed. The second H projects a move to the $700 area.
Key points:
-Confirmed breakout from range
-First H = 153 pts, completed
-Second H = 162 pts, targeting $700
-Price holding above breakout zone ($515โ$541)
ICON has moved out of accumulation and entered trend expansion. As long as the support holds, the scenario remains valid. The technical model targets the $700 area.
Gold Analysis โ Is the Correction Over?Yesterday I maintained my bias that OANDA:XAUUSD correction could extend lower, with 3570 as the focus for the next swing low. I even sold rallies above 3640 zone with that scenario in mind.
However, after the CPI release, Gold dipped to 3620 zone but quickly recovered. That prompted me to lock in a modest 100 pips gain rather than fight the market.
A wise move in hindsight, since Gold is now back testing the 3650+ resistance zone.
So, is the correction finished?
โก๏ธ Most probably, yes.
Hereโs why:
โข Bulls are defending the 3620 zone, stepping in strongly on dips.
โข The chart is shaping into a rectangle, typically a continuation pattern, which suggests consolidation before trend resumption.
โข Momentum is aligning again with the broader bullish trend.
Trading Plan:
โข As long as 3620 holds, my strategy shifts to buying dips instead of selling rallies.
โข A break above 3660 would open the path for continuation, with 3700 as the next bullish milestone.
The market has spoken โ the correction seems to be losing steam, and the trend is ready to reassert itself. ๐
Germany 40 Index โ Range Trade or Something More?It has been a nervy week for the Germany 40 index as it has struggled for direction ahead of todayโs ECB rate decision, which is due at 1315 BST, and then the press conference, led by ECB President Lagarde, which starts at 1345 BST.
While general sentiment has been boosted by US inflation data (PPI) supportive of a Federal Reserve rate cut next week, helping to lift the Germany 40 up to a weekly high of 23887 (Wed), issues related to Ukraine, including a violation of Polish airspace by a Russian drone leading to it being shot down, and the start of discussions between the US and EU regarding the potential for new tariffs on China and India, two big export markets for German companies, for their continued purchases of Russian energy, have weighed on rallies, which resulted in lows being seen at 23582 this morning (0700 BST).
Now, looking forward, Germany 40 traders may be focused on the ECB who are fully expected to keep interest rates unchanged, which could shift the focus for volatility to what Madame Lagarde says regarding the potential for one more 25bps (0.25%) rate cut in December, economic growth, the outlook for global trade and the sustainability of European government debt, particularly in France.
Any surprises here, combined with the US CPI release at 1330 BST could decide where the Germany 40 moves into the weekend, ensuring that monitoring the technical outlook could also be helpful for traders.
Technical Update: Range Trade or Something More?
Since early July, when the Germany 40 index hit its all-time high of 24639 on July 9th, it hasnโt shown a clear upward or downward trend. As shown on the chart below, prices have mostly moved sideways, staying between the resistance level at 24639 and the support level at 23378, which was the low on August 1st.
It is impossible to say when this type of sideways price movement will end. A strong close above the resistance level or below the support level would suggest that prices may start moving more steadily in the direction of the break.
That said, with recent price weakness and a decline toward the August 1st low of 23378, traders may be wondering whether this could lead to a break lower from the sideways range, or if support will hold again, keeping the range intact.
So, letโs look at what may be the key support and resistance levels to watch
Potential Support Levels:
One could argue that the August 1st low of 23378 is the first key support to watch. If prices close below this level, it could signal a more extended phase of weakness, with the next potential support being 23013, which is the low from June 19th.
While there is no guarantee of further weakness, a close below 23013 could trigger a deeper decline toward 22420, which marks the 38.2% Fibonacci retracement of the price strength from April 7th to July 9th, possibly further.
Possible Resistance Levels:
While the July 9th high of 24639 remains the key resistance level marking the upper boundary of the current sideways range, if the August 1st low of 23378 continues to hold and sees a rebound, traders may want to watch for earlier resistance levels that could come into play before opening possibilities of moves toward the top of the range.
As shown in the chart above, the Bollinger mid-average is currently declining and sits at 24006. This level may act as the immediate resistance.
If prices manage to close above 24006 in coming sessions, it could open the door for a retest of the July 9th high at 24639.
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Pepperstone doesnโt represent that the material provided here is accurate, current or complete, and therefore shouldnโt be relied upon as such. The information, whether from a third party or not, isnโt to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readersโ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isnโt permitted.






















