Gold Breaks the Broadening Wedge — Is $4,500 Next?Gold ( OANDA:XAUUSD ) has successfully broken above the upper trendline of the Descending Broadening Wedge Pattern and is currently trading above the pattern.
This breakout could signal the beginning of another bullish move during the final trading hours of the week and potentially into next week.
Can gold confirm the breakout above $4,400 and extend its rally toward $4,487?
Technical Analysis
The breakout above the Descending Broadening Wedge suggests that bearish pressure may be weakening and buyers are attempting to regain control.
However, the key trading level of $4,400 remains important for confirming stronger bullish momentum.
💡 Educational Note: A breakout above a Descending Broadening Wedge can signal a bullish reversal, especially when price successfully holds above the broken upper trendline.
I expect gold to gain stronger bullish momentum after breaking above $4,400 and rise at least toward $4,443.
If bullish momentum increases, the move could extend toward $4,487.
Trade Setup
First Take Profit(TP): $4,443
Second Take Profit(TP): $4,487
Stop Loss(SL): $4,321(Worst)
Key Trading Levels: $4,330 _ $4,400
Which level do you think gold will reach first?
🟢 $4,487
🔴 $4,321
📌 Gold Analysis(XAUUSD), 4-hour time frame.
🛑 Always use proper risk management and set a Stop Loss(SL) for every position.
🚀 If this analysis helps your trading plan, a BOOST would help more traders discover it.
Wedge
How I did a 1-week swing trade on BTC after a clear bullish flagAfter a 1-year downtrend on BTC, it finally broke out of a long-term descending trendline - this can be seen in a weekly chart if you zoom out.
BTC clearly started trending sideways like a bullish flag, which made me accumulate coins between Sep 8 and 17. I targeted my favourite coins at the moment personally - BTC, ETH, XRP, SOL, ADA, AVAX and QNT. My target of at least a 5% increase was achieved for all my trades.
In case you want to go deeper into technical analysis and my thought process:
1 - At first I spotted an ascending channel (blue rectangles)
2 - This channel started getting squeezed, forming a bullish pennant (black lines). This is when I started buying.
3 - When the pennant failed, I kept holding because there was a big support around 75-76k
4 - BTC could not close below 75500 even with bad news (clarity act), and it formed a falling wedge (yellow lines)
5 - BTC finally broke out, continuing its bullish trend since July 1st
6 - Now BTC is retesting 82k and most likely it will breakout
During these 3 patterns, all of them told me the same type of formation - BULLISH FLAG. In case you don't know, flags are not always descending like the textbook ones: they form in 3 directions - ascending, descending or flat.
Conclusion: BTC was clearly showing a bullish formation and it paid off.
I wish I could add pics or links to show the before and after but TradingView does not allow it. I hope you enjoyed it and please engage if you did!
Near Update (1D)Near Has completed it's bearish corrective pattern around February known as A-B-C
At the moment, Near's movement can be explained by an Impulsive 5 waved structure.
Wave 4 is already finished and another triangle can be detected aroud 4 time frame for inner wave counting.
The last impulsive wave 5 is coming and the minimum target should be around $2.8.
If for some reason we see an upward move and lack of momentum, analysis will be invalidated below $1.5 levels.
Max target of this wave should be around $4.2
BE: Are We About to Witness a 90% Rally?The chart is starting to tell an interesting story...
After the massive run toward $350, BE entered a prolonged correction in a falling wedge
Then came the reversal. 👀
🔻 Falling wedge broken
🔄 Breakout followed by a pullback
🟢 Retest held around the 200 EMA / bullish zone
🔥 Volume expanded aggressively
Now the question isn't whether the stock has already moved...
It's whether the correction has finally completed and a new leg higher is beginning.
🎯 The roadmap
$185-190 area → immediate structure / EMA support
$250 → 🚨 Major resistance & first real test
A sustained breakout above $250 could open the door toward:
🎯 $300
🎯 $350 — measured target
That would represent roughly +90% from the setup/retest zone.
⚡ And the fundamentals are finally catching up
This isn't just a technical turnaround story.
Bloom just reported record Q2 revenue of $1.065B, up 165% YoY, with adjusted EBITDA rising more than sixfold. Management subsequently raised FY2026 revenue guidance to $3.9–4.2B.
The bigger catalyst?
⚡ AI data-center power demand
Bloom's onsite fuel-cell technology is increasingly being positioned as a solution to the power bottleneck facing AI infrastructure. The recent 300 MW Nebius data-center project is particularly interesting because the customer switched from gas turbines to Bloom's fuel cells.
🧭 My confirmation levels
🟢 Above ~$185–195: bullish structure remains alive
🚀 Above $250 + sustained: major breakout confirmation
🎯 $300: intermediate target
🏆 $350: measured-move target
⚠️ Lose the 200 EMA / bullish zone: thesis weakens considerably
So... 90% rally ahead?
Maybe.
But first, $250 has to fall.
That's the level where I'll be watching whether this is simply a bounce from support... or the beginning of another major BE expansion. 🚀
Technical setup + fundamental catalyst. Not a prediction; levels are the confirmation points.
XAU/USD (Gold) 4H: Bullish Reversal at $4,254 SupportTechnical Analysis
Pattern Structure: On the 4-hour timeframe, Gold (XAU/USD) is completing a Falling Wedge / Descending Channel structure following a pullback from peak levels above $4,500.
Key Support Zone ($4,254 – $4,280): Price bounced directly off the major structural support demand zone (~$4,254). The lower boundary of the wedge aligns with this key historical level, forming a strong confluence zone.
Current Price Action: Gold is trading around $4,350, approaching the upper falling trendline resistance of the wedge pattern.
Trade Projection:
Pullback / Retest: A minor pullback toward the lower wedge boundary or $4,280–$4,300 zone is projected before a definitive breakout attempt.
Upside Target 1: Minor resistance region around $4,400.
Upside Target 2: Major resistance level at $4,481 – $4,500.
Fundamental Analysis
Central Bank & Real Yield Dynamics: Gold has rebounded above $4,300 as markets absorb recent macroeconomic developments, including Federal Reserve interest rate expectations and global central bank demand.
Inflation & Commodity Pressures: Elevated energy prices (crude oil firming near $100+) and ongoing structural inflation trends keep safe-haven demand intact.
Macro Backdrop: Safe-haven allocations and long-term debasement hedges continue to provide a solid baseline demand for precious metals despite short-term interest rate volatility.
Trade Parameters Summary
Level Price Level (USD) Notes
Primary Support $4,254.35 Major horizontal demand zone & wedge floor
Immediate Pivot / Entry Zone $4,280.00 – $4,320.00 Pullback buy zone / Trendline retest area
Intermediate Resistance $4,400.00 First structural supply zone
Major Target / Resistance $4,481.80 – $4,500.00 Primary pattern objective
Disclaimer
This analysis is strictly for educational and informational purposes only and does not constitute financial or investment advice. Trading Forex and precious metals involves significant risk of monetary loss. Always conduct your own research, use proper risk management, and consult a certified financial advisor before placing any live trades.
RMBS: Bull Run Over? Major Breakdown Signals Deeper CorrectionRMBS has confirmed a major technical breakdown, suggesting its long-term bullish trend has come to an end. After breaking down from a Rising Wedge, the stock has now lost the critical 119 support on exceptionally strong volume—a bearish confirmation that sellers are in control.
Key Technical Observations:
📉 Confirmed Rising Wedge breakdown, a classic bearish reversal pattern.
🔻 Decisive break below the major 119 support on heavy volume, adding conviction to the breakdown.
🎯 The measured target from the Rising Wedge points toward the 70s, implying substantial downside if the bearish trend continues.
While short-term relief rallies are always possible, they are likely to remain corrective unless the stock can reclaim key resistance.
Bullish Invalidation
The bearish thesis would be invalidated only if RMBS can reclaim and close decisively above 150, indicating that buyers have regained control and the recent breakdown was a false move.
Until then, the technical outlook favors further downside, with the wedge target in the 70s remaining the primary objective.
Bitfinex Sees 33,180 ETH Deposit from Long-Dormant WalletsTraders scanning the order books got a surprise when two wallets, likely belonging to the same whale, deposited 33,180 ETH into Bitfinex after more than two years of inactivity. This large transfer, valued at approximately $86.93 million, has sparked renewed interest in Ethereum among market participants. As a result, traders should closely monitor Ethereum’s network activity for potential shifts in sentiment and price trends.
Breaking It Down
The recent transfer of 33,180 ETH into Bitfinex has not only highlighted significant whale activity but also underscores a potential shift in market dynamics. This deposit, reported by the CryptoTwitter commentator @lookonchain, marks a notable reactivation of wallets that have been dormant for over two years. Given the current mixed signals in the broader crypto market, such movements may lead to increased scrutiny and speculation among traders regarding the future direction of Ethereum.
Ethereum, a leading smart contract platform, enables various decentralized applications and services within the blockchain ecosystem. Bitfinex, one of the largest cryptocurrency exchanges globally, plays a crucial role in facilitating trading and liquidity for Ethereum and other digital assets. The recent activity involving dormant wallets reactivating suggests possible strategic shifts within the Ethereum market, which traders should watch closely.
Key Levels to Watch
Traders are now on alert for further movements from this whale and any potential trends that may arise from increased trading volume on Bitfinex. The current dynamics could lead to heightened volatility in Ethereum’s price action, especially as traders assess the implications of this large transfer. Additionally, the reactivation of dormant wallets often indicates strategic repositioning, so ongoing monitoring of Ethereum’s on-chain metrics will be vital.
Market conditions are subject to change, and past performance is not indicative of future results.
Long Gold on Wave 3 Update: Completion and Breakout of WedgeIn this video, I review the previous Gold idea published 2 days back where I mentioned that there is potentially a 5th wave down.
I explain in this video how I would adjust the waves by toggling between timeframes and checking for validation against EW rules, ultimately setting for a wave count based on 4 hourly timeframe.
At the end, I set a new stop loss using the support zone of subwave 4 of wave 1 of wave 3 and wave 2 of 3. The previous 1st TP target is kept for now, and I reiterate the I still expect price to exceed that target.
Till then.
Good luck!
ZETA | Weekly Structure | $38 Is the Next Key TestThesis:
ZETA continues to look constructive on the weekly chart. In my view, the stock is currently developing a Subwave 4 pullback within a larger Wave 3 structure. As long as price continues to hold in the $27-$29 area, I expect the next move to be a push toward the all-time-high resistance around $38. If that level is reclaimed, the longer-term structure continues to point much higher.
Context
- Weekly timeframe
- This is an update to my earlier ZETA view
- ZETA broke out of its bullish wedge in June, retested the breakout area from above and held
- That successful retest was followed by a strong move higher, helped by another strong earnings report
- Price is now consolidating after that impulsive advance
- My average entry and the one of my copiers is approximately $18.53
- Even after the recent move, I still view the stock as being in the middle of a larger bullish cycle rather than at the end of it
What I see
- The larger structure continues to look like Wave 3 is still in progress
- The current pullback fits well as a Subwave 4 correction within that larger move
- Price has already completed the breakout from the wedge and confirmed it with a retest
- That was an important technical development because it changed the character of the chart materially
- The current consolidation is happening above the breakout area, which is constructive
- The $27-$29 area is where I want to see support continue to hold
- The next major resistance is the all-time-high area around $38
- If that level breaks, the chart opens the door to the next higher-degree targets
What matters now
- $27-$29 is the key support area I am watching in the near term
- Holding that area keeps the current bullish structure intact
- The next important upside test is the all-time-high resistance around $38
- A clean break above $38 would strengthen the case that the next leg of Wave 3 is underway
- Until then, I am treating the current move as consolidation inside a constructive trend rather than as a reversal
Buy / Accumulation zone
- The current accumulation area remains around the rising support structure shown on the chart
- Near term, I want to see price continue holding approximately $27-$29
- My average entry is approximately $18.53
- I am not interested in chasing emotional breakouts after a large move
- I prefer using technically constructive consolidations inside strong trends
- ZETA continues to fit that framework for me
Targets
- Near-term support: approximately $27-$29
- Next key resistance: approximately $38
- Higher-degree Wave 3 target: approximately $70
- If that target is reached, I would expect to trim part of the position
- A future pullback into approximately the $45-$50 area would then become interesting for potential recycling
- Ultimate long-term target: approximately $105
Portfolio note
ZETA is one of the clearest examples of why I like combining long-term technical structure with fundamental conviction.
The breakout in June, the successful retest, and the strong post-earnings reaction all confirmed that the market was beginning to recognize the setup again.
Since then, the chart has behaved in a constructive way.
My approach here is straightforward. I want to see the current consolidation hold above the $27-$29 area, then I want to see whether ZETA can make its way back to the $38 all-time-high resistance.
If that level breaks, I believe the larger Wave 3 structure can continue developing toward the $70 area.
That remains my main target for this phase of the cycle, while $105 stays the longer-term objective if the broader structure continues to play out.
MESZ Sep 18: Can 7680 Hold for a Bounce Toward 7738?MESZ is trading around 7,700 after a sharp short-term sell-off.
The first downside liquidity and reaction level I’m watching is around 7,680. Price could test that area before deciding on the next directional move.
If buyers defend 7,680, the first upside liquidity target sits around 7,738.
The more important downside level is 7,656. A confirmed 1-hour or 4-hour close below that area would invalidate my short-term bullish setup and shift the structure bearish.
Key levels
7,680 — first pullback / reaction level
7,738 — upside liquidity target
7,656 — bullish invalidation
Bullish scenario: Hold 7,680–7,656 → watch for continuation toward 7,738.
Bearish scenario: Lose 7,656 with confirmation → stop looking for the bullish bounce and respect further downside.
Not financial advice. No confirmation, no trade. CME_MINI:MESZ2026
COHU — Squeezing Into a Multi-Decade Resistance Zone COHU Forming a Symmetrical Triangle in a Multi Decade Resistance Zone
📈 The Chart
Big picture structure: price rallied from the $25 base to an all-time high near $74.60 (July 2026), then rolled into a large symmetrical triangle pattern — a descending trendline off the ATH meeting a rising trendline off the 2024 lows. Price is now compressing right into that apex, sitting inside a historically significant supply zone: the Feb'00, Feb'21, and Jul'23 reference lines all cluster in the same $51-61 band, meaning this level has capped COHU multiple times across market cycles. A breakout here would be resolving both the short-term wedge and long-term overhead supply at once.
⚙️ The Fundamentals
Cohu just posted a strong Q2 2026 beat — revenue $149M, +38% YoY, with recurring revenue at 53% of the mix. The HPC (high-performance computing/AI) pipeline has expanded to $850M annually, and full-year revenue growth guidance was raised to 35%. This is a semiconductor-test recovery story riding the same AI capex wave as its peers.
🔑 Setup
Trend: Wedge compression at the apex of a multi-year structure
Structure: Confluence of short-term wedge resistance and long-term (2000/2021/2023) supply zone around $55-61
Catalyst: Guidance raised to 35% growth; HPC pipeline scaling; analyst targets trending toward $65-80
Watch: A confirmed close above ~$61 clears both the wedge and the multi-cycle ceiling — that's the level that matters most on this chart. Failure to clear it keeps COHU rangebound between $42-55.
Not a recommendation to buy/sell — #COHU #Semiconductors #AIInfrastructure #StageAnalysis
EURUSD: Wedge Structure Regain Control, 1.1430 in FocusHello everyone, here is my breakdown of the current EURUSD setup.
Market Analysis
EURUSD previously traded inside a range and wedge structure before breaking lower and shifting bearish. Price then entered a downward channel, where multiple breakouts above the Resistance Zone were rejected and price moved back lower.
Currently, EURUSD is trading below the 1.1550 Resistance Zone while holding above the 1.1430 Support Zone and respecting the downward channel. The recent rejection suggests sellers may attempt another move lower.
My Scenario & Strategy
As long as EURUSD remains below the 1.1550 Resistance Zone and respects the wedge structure, the bearish scenario remains valid. A continuation lower could push price toward the 1.1430 Support Zone (TP1).
However, a breakout and close above 1.1550 would weaken the bearish outlook and increase the possibility of further upside.
That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
MRVL: Rising Wedge Breakdown Suggests Further Downside📉 Price has broken down decisively from a rising wedge while trading inside the 0.5 - 0.618 Golden Pocket retracement zone, and that too with strong volume, increasing the probability of a deeper correction.
🎯 Bearish Points:
📉 Golden Pocket: $244 - $264
📉 Rising Wedge Breakdown
📉 Supported by huge volume
✅ Targets:
🎯 First major support/ Target: $160 - $167
📊 Extended Bearish Scenario
⚠️ Break below $160-$167 opens the door for a move toward sub-$100 levels
📉 That would represent a decline of more than 60% from the recent swing high around 255
❌ Bearish Invalidation
Strong daily/weekly reclaim above $255. A breakout back into the wedge structure would weaken the current bearish outlook
👀 For now, all eyes are on the $160-$167 EMA200 confluence zone. How price reacts there will likely determine whether this becomes a normal pullback or the start of a much larger correction.
EUR/USD — Daily StructureEUR/USD is approaching the 1.1400–1.1430 demand zone.
🔸 Hold: potential move toward 1.1669 → 1.1800
🔸 Break: structure needs reassessment
🔸 Higher target: 1.2050–1.2200
No chase. No prediction. Let price confirm.
EUR/USD | 1D | GreenFire Forex
#EURUSD #ForexAnalysis #PriceAction #SMC
CRDO: Multi-TF Bearish Divergence Signals a Major CorrectionCRDO has hit the target shared previously (see attached post).
Now it appears to be entering a significant corrective phase after an extended bullish run.
The stock has developed bearish divergence on both the Daily and Weekly timeframes, indicating that bullish momentum has been fading despite price making new highs. It recently reached the upper boundary of a rising wedge near 308, where sellers stepped in aggressively.
Adding to the bearish case, price formed an Evening Star reversal pattern, followed by a gap-down session that confirmed the shift in momentum. The subsequent breakdown below the wedge occurred on nearly four times the average daily trading volume, suggesting strong institutional selling rather than routine profit-taking.
In the short term, CRDO could attempt a throwback to retest the breakdown area around 260. However, unless that level is reclaimed decisively, the path of least resistance remains to the downside.
Key support levels to watch are:
199 – First major support
149 – Secondary support
86–90 – Long-term measured target based on the wedge breakdown
Bearish thesis invalidation: A strong daily close above 310 would invalidate the current bearish setup and shift the outlook back in favor of the bulls.
While short-term bounces are always possible, the combination of multi-timeframe bearish divergence, a completed rising wedge breakdown, heavy distribution volume, and a confirmed reversal candlestick pattern suggests that the correction may have only just begun.
ULTA: Doji Suggests the Pullback May Be Over — Next Leg Higher?Sometimes the important part of a breakout isn't the breakout itself...
It's what happens after the breakout.
ULTA has been giving us an interesting sequence:
🔹 Broke out of the long-term falling structure
🔹 Ran all the way above $700
🔹 Pulled back sharply
🔹 Returned to $445 — the previous breakout level
🔹 Successfully retested that zone
🔹 Recovered and broke above $490
🔹 Reached $565
🔹 And now pulled back to retest the $490–500 area
And this is where the chart gets interesting. 👀
🧩 The latest candle
The weekly candle has formed a doji around the $495 area, almost exactly where the previous breakout occurred.
That doesn't guarantee a reversal.
But after a pullback into a former resistance-turned-support zone, a doji can indicate that selling pressure is losing momentum and buyers are beginning to defend the level.
So I'm watching the next candle for confirmation.
🎯 Levels I'm watching
🟢 $490–500 — Key support / retest zone
If this area holds:
➡️ $565 — first resistance
➡️ $578 — major resistance
➡️ $700 — previous ATH / major target
And if price eventually clears the ATH with strength...
🚀 Discovery mode begins.
⚠️ What would invalidate the setup?
A sustained move back below the $490 area would weaken the bullish continuation thesis.
And a deeper break below $445 would be much more concerning, because that would mean the previous breakout/retest structure is failing.
🔥 The bigger picture
What I like here is the structure:
Breakout → Deep correction → Retest → Recovery → Breakout → Retest
That's exactly the kind of sequence I want to see in a healthy bullish continuation.
Now the question is:
Was $565 merely the first bounce... or the beginning of the next leg higher?
I'm watching $490–500 very closely.
Hold the retest → reclaim $565 → challenge $578 → ATH back in sight. 👀📈
Not a prediction. The levels are the confirmation points.
MarketBreakdown | USDCHF, EURGBP, EURCAD, DXY
Here are the updates & outlook for multiple instruments in my watch list.
1️⃣ #USDCHF daily time frame 🇺🇸🇨🇭
The market turned strongly bullish after the FED Interest Rate Decision yesterday.
We can see a valid bullish break of structure BoS.
This indicates a highly probable trend continuation.
Look for buying the pair after a retest.
2️⃣ #EURGBP daily time frame 🇪🇺🇬🇧
The market retested a recently broken support line of a huge rising wedge pattern.
I expect a bearish movement from that.
3️⃣ #EURCAD daily time frame 🇪🇺🇨🇦
The market coils within a horizontal parallel channel.
We can expect a continuation of sideways price action within it.
4️⃣ Dollar Index #DXY daily time frame 🇺🇸
The market violated 2 important resistances:
a strong falling trend line and a major horizontal structure cluster.
It indicates the strength of the buyers.
Bullish sentiment will likely prevail.
Do you agree with my market breakdown?
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
CRUDE OIL: Rising Wedge Breakdown Setup Crude Oil is showing a potential bearish reversal setup as price develops a clear Rising Wedge pattern near the ₹10,000–₹10,200 resistance zone.
Key Technical Observations
Rising Wedge Pattern
Price has been moving upward within a narrowing structure, indicating weakening momentum despite higher prices. A breakdown from the lower trendline can confirm the bearish setup.
Critical Breakdown Zone
A sustained break below ₹9,220 could trigger aggressive selling pressure and confirm the downside move.
Downside Levels
Target 1: ₹9,020
Target 2: ₹8,500
CMT Perspective:
The setup reflects a potential loss of momentum near resistance, followed by a possible breakdown of the rising trendline. Confirmation through a decisive close below the breakdown level would strengthen the bearish thesis.
Trading View
Resistance: ₹10,000–₹10,200
Aggressive Selling: Below ₹9,220
T1: ₹9,020
T2: ₹8,500
NZDCAD | 3H Analysis — Falling Wedge Formation + Bullish RSI DivNZDCAD is currently forming a Falling Wedge on the 3H timeframe, accompanied by Bullish RSI Divergence.
The divergence suggests that downside momentum is weakening, while the wedge structure indicates a potential shift in market direction. A confirmed breakout above the wedge could provide further evidence of a possible bullish reversal.
Key focus: Breakout confirmation before considering any directional move.
Risk management remains the priority.
XAGUSD: Silver Rebounds from Support as Bulls Test RecoveryWhat happened?
Silver is trading near $63.30 after bouncing from the lower part of the short-term channel. The move shows that buyers are defending the $62.50–63.00 area after the recent selloff.
News background
The macro backdrop is still challenging because higher oil prices and recent inflation data keep Fed rate-hike expectations elevated. That can pressure metals through higher yields and a stronger dollar.
But silver is reacting from support, and short-term momentum is improving. If yields cool or the dollar weakens, XAGUSD may extend the rebound.
Chart analysis
Silver has reclaimed the EMA 9 near $63.12, while RSI has recovered toward 45. MACD is still negative, but the histogram is improving, which suggests bearish momentum is fading.
The next test is the $63.85–64.00 resistance zone. A reclaim of this area would strengthen the recovery and open the way toward the higher moving-average cluster.
Bullish setup
A confirmed reclaim of $63.85–64.00 would support a bullish recovery scenario.
Targets:
$65.46–65.54
Key idea: silver has bounced from support, but bulls need to reclaim $63.85–64.00 to turn the rebound into a stronger recovery.
⚠️ Not financial advice.






















