Parallel Channel

Euro Struggles Below Trendline — Support at 1.1360 Under Watch Hello traders! Here’s my technical outlook based on the current EURUSD (4H) chart structure. EURUSD previously traded inside a broad descending channel before breaking lower and entering a consolidation range. After the breakdown, price attempted a recovery but was rejected from the long-term descending trendline, confirming that sellers continue defending the higher levels. Currently, EURUSD is trading above the 1.1360 Buyer Zone while remaining below the 1.1460 Seller Zone and the descending trendline. Price is moving sideways inside a range, suggesting the market is waiting for the next directional move. As long as EURUSD remains below the 1.1460 Seller Zone and respects the descending trendline, the bearish scenario remains valid. A rejection from current levels could push price toward the 1.1360 Buyer Zone (TP1), where buyers may attempt to defend support. Please share this idea with your friends and click "Boost" 🚀

Bitcoin Faces Strong Resistance — Pullback Toward 63,800?Hello traders! Here’s my technical outlook based on the current BTCUSDT (2H) chart structure. BTCUSDT previously broke above a descending channel, confirming a bullish recovery. The rally has now reached the 66,400 Seller Zone, where price is facing strong resistance after an impulsive move higher. Currently, BTCUSDT is trading below the 66,400 Seller Zone while remaining above the 63,800 Buyer Zone. The strong rejection from resistance suggests buyers are losing momentum and sellers may attempt to regain control. As long as BTCUSDT remains below the 66,400 Seller Zone, the bearish scenario remains valid. A rejection from current levels could push price back toward the 63,800 Buyer Zone (TP1), where buyers may attempt to defend support. However, a confirmed breakout above 66,400 would invalidate the bearish outlook and open the door for further upside. Please share this idea with your friends and click "Boost" 🚀

GBPCAD Dumping now let it fall and then enter Long On the 4H chart of GBPCAD, patience is required. Price needs to see a deeper correction before a buy signal is activated. The long entry will be placed near the daily trendline support zone, as highlighted on the chart. After that, a move toward the upside target is expected. Learn this: Patience is one of the most underrated skills in trading. Many traders lose money not because their analysis is wrong, but because they enter too early. Waiting for price to come to your level, rather than chasing it, improves your risk-to-reward and increases the probability of a successful trade. The buy signal will be activated near the daily trendline support zone, as already marked on the chart. This level represents a strong technical area where buyers have previously stepped in. It is the optimal zone for a long entry. Once the correction reaches that zone and shows signs of a reversal, the trade will be opened. The expectation is for price to move higher from that support and eventually reach the target.

GOLD - The Hunt for Liquidity (Correction) Before the Drop ICMARKETS:XAUUSD is recovering after Thursday's sharp decline, trading around $4,060 on Friday. This rebound may represent nothing more than a liquidity-building move before the broader downtrend resumes The U.S. dollar continues to strengthen, while gold remains under selling pressure, reinforcing the prevailing bearish market structure. The broader trend remains firmly bearish. From a technical perspective, gold continues to face pressure from geopolitical uncertainty and hawkish Federal Reserve expectations. The current recovery appears to be a countertrend correction toward key liquidity zones, potentially building momentum for another decline toward the 4000–3983 support area. The next directional move will largely depend on the U.S. dollar, oil prices, PMI data, and developments surrounding the geopolitical conflict. Bearish drivers: Stronger hawkish Fed expectations, Rising oil prices, Continued U.S. dollar strength, Profit-taking, Bearish technical structure Bullish drivers: U.S. dollar weakness triggered by new tariff developments, Geopolitical de-escalation, Weaker-than-expected PMI data Resistance levels: 4061, 4067, 4109 Support levels: 4021, 4000, 3983 Within the current countertrend correction, gold is testing the first trigger zone at 4061–4067. A short squeeze around this area could trigger another reversal and send price back toward support. However, a deeper correction toward the 4109–4134 liquidity zone before the next bearish leg cannot be ruled out Best regards, R. Linda

Gold(XAUUSD) Outlook for the upcoming week In current week Gold went through a roller coaster ride where after the breakout form a major bearish trendline at 4030, it retested the level 4166 and again returned back the 4022, structurally gold seems to be moving within a ascending channel, currently taking support of lower boundary, bounce is expected following to which price might retest the significant resistance zone. However breaking of the channel below the level of 4022 can lead for deeper corrections as trend on the higher timeframe remain bearish. If you look at the overall structure it might seem like gold forming a double bottom (a bullish reversal pattern), whose neckline is at 4200 on higher timeframes. support & resistance levels are: S1: 4022 S2: 3960 S3: 3900 R1: 4082 R2: 4166 R3: 4200 For Educational Purposes only, Not an Investment Advice, Always use strict Risk management measures. Regards CrazyTrades247.

by CrazyTrades247

BTC/USDT: Below the Flip Level HI! The 1h chart for BTC/USDT shows clear exhaustion after a brief rally. Price managed to push above the local resistance zone, but the move lacked follow-through and quickly dropped back under the flip level (around $65,700). Following this deviation, the market has entered a descending channel and is printing lower highs and lower lows. With the flip level now acting as overhead resistance again, the path of least resistance remains downward. Key Outlook: Expect continued bearish momentum within the descending channel, targeting the confluence area where the lower channel boundary meets the long-term ascending trendline near $64,000–$64,100. A temporary bounce could occur along the way, but the overall structure favors sellers until the descending channel is broken to the upside. I’m excited to announce that I’m now a Brand Ambassador for AvaTrade!

by melikatrader94

How to Trade Consolidation on Gold Easily. XAUUSD Strategy In article, you will learn how to identify and trade consolidation on Gold easily. I will share with you my consolidation trading strategy and a lot of useful XAUUSD trading tips. 1. How to Identify Consolidation In order to trade consolidation, you should learn to recognize that. The best and reliable way to spot consolidation is to analyse price action. Consolidation is the state of the market when it STOPS updating higher highs & higher lows in a bullish trend OR lower lows & lower highs in a bearish trend. In other words, it is the situation when the market IS NOT trending. Most of the time, during such a period, the price forms a horizontal channel. Above is a perfect example of a consolidation on Gold chart on a daily. We see a horizontal parallel channel with multiple equal or almost equal highs and lows inside. For a correct trading of a consolidation, you should correctly underline its boundaries . Following the chart above, the upper boundary - the resistance, is based on the highest high and the highest candle close. The lowest candle close and the lowest low compose the lower boundary - the support. 2. What Consolidation Means Spotting the consolidating market, it is important to understand its meaning and the processes that happen inside. Consolidation signifies that the market found a fair value. Growth and bullish impulses occur because of the excess of demand on the market, while bearish moves happen because of the excess of supply. When supply and demand find a balance, sideways movements start. Look at the price movements on Gold above. First, the market was rising because of a strong buying pressure. Finally, the excess of buying interest was curbed by the sellers. The market started to trade with a sideways range and found the equilibrium At some moment, demand started to exceed the supply again and the consolidation was violated . The price updated the high and continued growth. Usually, the violation of the consolidation happens because of some fundamental event that makes the market participants reassess the value of the asset. At the same time, the institutional traders, the smart money accumulate their trading positions within the consolidation ranges. As the accumulation completes, they push the prices higher/lower, violating the consolidation. 3. How to Trade Consolidation Once you identified a consolidation on Gold, there are 2 strategies to trade it. The resistance of the consolidation provides a perfect zone to sell the market from. You simply put your stop loss above the resistance and your take profit should be the upper boundary of the support. That is the example of a long trade from support of the consolidation on Gold. The support of the sideways movement will be a safe zone to buy Gold from. Stop loss will lie below the support zone, take profit will be the lower boundary of the resistance. AS the price reached a take profit level and tested a resistance, that is a short trade from that. You can follow such a strategy till the price violates the consolidation and establishes a trend. The market may stay a very extended period of time in sideways , providing a lot of profitable trading opportunities. What I like about Gold consolidation trading is that the strategy is very straightforward and completely appropriate for beginners. It works on any time frame and can be used for intraday, swing trading and scalping. ❤️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.

by VasilyTrader

XAUUSD Short: Rejects Channel Resistance, Downside Toward 3,970$Hello traders! Here’s my technical outlook based on the current XAUUSD (2H) chart structure. XAUUSD continues to trade inside a descending channel, maintaining the broader bearish trend. After losing the 4,160 Supply Zone, price made several recovery attempts, but each was rejected near the channel resistance, confirming continued selling pressure. Currently, XAUUSD is trading above the 3,970 Demand Zone while remaining below the 4,160 Supply Zone. The latest rejection from channel resistance suggests sellers are still in control. As long as XAUUSD remains below the 4,160 Supply Zone and respects the descending channel, the bearish scenario remains valid. A continuation lower could push price toward the 3,970 Demand Zone (TP1). However, a breakout above 4,160 and the channel resistance would weaken the bearish outlook. Manage your risk!

by heniitrading

BTCUSDT: Retests Support Before Potential Rally Toward $68K Hello everyone, here is my breakdown of the current BTCUSDT chart structure. Market Analysis BTCUSDT previously traded inside a broad descending channel before breaking below its lower boundary, confirming a strong bearish move. After finding support near the 64,300 Support Zone, buyers regained control and price formed a large symmetrical triangle, with multiple breakouts and successful retests signaling improving bullish momentum. Currently, BTCUSDT is trading above the 64,300 Support Zone while remaining below the 68,000 Resistance Zone. The recent rebound from triangle support suggests buyers continue defending higher lows and are attempting to extend the recovery. My Scenario & Strategy As long as BTCUSDT remains above the 64,300 Support Zone and continues respecting the ascending triangle support, the bullish scenario remains valid. A continuation higher could push price toward the 68,000 Resistance Zone (TP1). However, if BTCUSDT breaks below the 64,300 Support Zone and loses triangle support, bullish momentum would weaken and a deeper pullback could develop. That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.

Euro Rebounds From Support — Can Buyers Reach 1.1460?Hello everyone, here is my breakdown of the current EURUSD chart structure. Market Analysis EURUSD previously traded inside a descending channel before breaking above the upper boundary, confirming a bullish shift in market structure. After establishing a strong base near the 1.1400 Support Zone, buyers continued to defend higher lows, allowing price to develop inside an ascending channel. Currently, EURUSD is trading above the 1.1400 Support Zone while remaining below the 1.1460 Resistance Zone. The recent pullback held above channel support, suggesting buyers are still in control as long as the bullish structure remains intact. My Scenario & Strategy As long as EURUSD remains above the 1.1400 Support Zone and continues respecting the ascending channel, the bullish scenario remains valid. A continuation higher could push price toward the 1.1460 Resistance Zone (TP1). However, if EURUSD breaks below the 1.1400 Support Zone and loses the ascending channel, the bullish outlook would weaken, allowing sellers to regain short-term control. That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.

Gold Technical Analysis: Breakout Opens Path Toward 4,200$Hello traders! Here’s my technical outlook based on the current XAUUSD (1H) chart structure. XAUUSD previously traded inside a descending channel before forming a Double Bottom, where buyers regained control and triggered a recovery. Price later broke above a second descending channel, confirming strengthening bullish momentum. Currently, XAUUSD is trading above the 4,100 Buyer Zone while remaining below the 4,200 Seller Zone. The recent breakout and successful retest of support suggest buyers remain in control. As long as XAUUSD holds above the 4,100 Buyer Zone, the bullish scenario remains valid. A continuation higher could push price toward the 4,200 Seller Zone (TP1). However, a move back below the 4,100 Buyer Zone would weaken the bullish outlook. Please share this idea with your friends and click "Boost" 🚀

BTC - Keep It Simple Sometimes, the best analysis is the simplest one. Bitcoin (BTC) continues to trade within the rising blue channel, keeping the short-term trend constructive. 📈 📌 As long as BTC remains inside this rising channel, the path of least resistance remains bullish, and we will continue to favor trend-following long setups. However, the blue structure zone around $64,000–$64,500 remains the key level to watch. A decisive break below this structure would invalidate the current bullish scenario, shift the momentum from bullish to bearish, and increase the probability of a deeper correction. As always, rather than predicting the next move, we will wait for price confirmation before considering any positions. Will buyers keep defending the channel, or will sellers finally break this key support? 🤔 ⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly. 📚 Stick to your trading plan regarding entries, risk, and management. Good luck! 🍀 All Strategies Are Good; If Managed Properly! ~Richard Nasr

by TheSignalyst

NZDJPY - Long squeeze before a rally. Bullish trend FX:NZDJPY is consolidating following a distribution phase, while the broader trend remains bullish. The continued weakness of the Japanese yen is providing medium-term support for the pair The Japanese yen remains under pressure, which continues to favor the New Zealand dollar. From a technical perspective, NZDJPY is maintaining its bullish structure while consolidating within the 94.59–95.35 range. A false breakout below support could shift the short-term imbalance back in favor of buyers and trigger the next leg higher Resistance levels: 95.19, 95.35 Support levels: 94.59, 94.45 A false break below the 94.58–94.45 support zone, followed by a recovery back into the range and sustained consolidation above this key area, could become the technical catalyst for a continuation of the primary bullish trend Best regards, R. Linda

GOLD - A false breakout of resistance within a bearish trend ICMARKETS:XAUUSD has broken out of its short-term descending channel within the current distribution phase and is now testing the 4134 liquidity zone while printing fresh intermediate highs. Despite the technical recovery, the broader fundamental backdrop remains weak Gold remains caught between geopolitical support and pressure from hawkish Federal Reserve expectations and elevated real yields. Analysts note that a sustainable recovery would likely require lower oil prices, declining bond yields, and softer expectations for further monetary tightening. Until then, the upside potential is expected to remain limited. At the moment, oil prices continue to rise, while the U.S. dollar has strengthened for a fifth consecutive session, maintaining its broader bullish trend. Bullish drivers: Geopolitical de-escalation, Falling oil prices, A weaker U.S. dollar, Softer expectations for Fed rate hikes Bearish drivers: Escalation of geopolitical tensions, Rising oil prices, Hawkish Fed rhetoric, Continued U.S. dollar strength Resistance levels: 4124, 4134, 4195 Support levels: 4103, 4067, 4028 Technically, the market is testing a key liquidity pool within the current distribution phase and may be forming a short squeeze. If bears manage to keep price below the 4124–4134 resistance zone, it could trigger another leg lower in line with the broader daily bearish trend Best regards, R. Linda

A year of consolidation Price has been trading in a descending channel for a year. Looks like it want to break out but it might take a few more weeks. I have a position, if it pulls back to 140 ish and the support holds I'll add. Fundamentals look goo too. SL triggers if a weekly candle breaks down the support shown and closes under it.

PEP: Nearing Bottom of Channel With Two Buy Zones PEP remains inside a broad descending channel while daily RSI forms bullish divergence, suggesting downside momentum may be weakening. Stochastics are oversold. *Note; the RSI looks weaker on the 4HR so this is time frame to watch for the RSI to confirm divergence. I expect that it may not hold. If we reclaim the current resistance as support, close above the red channel mid-line and the RSI crosses its average, a small-long position could be taken. If price moves lower first, I am watching: $132.63: small gap-fill support $127.65: stronger daily support with lower-channel confluence (I like this a lot). Upside targets would be the upper channel boundary, followed by the 100/200 SMA area and Volume Profile POC. A break through that resistance cluster could develop into a larger channel breakout. The recent gap down was filled, but price has since moved sideways, so another move into support remains possible. This is a conditional setup: either wait for the trendline support flip or watch for a reaction from the lower entry zones. Educational analysis only—not financial advice.

by NexusChartTools

HYPE. Little ephemeral value.XETR:HYPE is incredibly dependent on news environment due to its low Gini coefficient, imo wealth is concentrated in certain hands, which reap the primary benefits and hold this asset solely for statistical reasons there are few convictions here, little ephemeral value

BTCUSDT Long: Climbs Toward $67K Resistance – Bulls in Control?Hello traders! Here’s my technical outlook based on the current BTCUSDT (4H) chart structure. BTCUSDT previously traded inside a broad descending channel before breaking below support, confirming a bearish shift. After consolidating inside a range, buyers regained control from the 62,900 Demand Zone and pushed price into an ascending channel. The recovery has now reached the 67,000 Supply Zone. Currently, BTCUSDT is trading above the 62,900 Demand Zone while approaching the 67,000 Supply Zone. Price continues to respect the ascending channel, although the nearby supply area may trigger selling pressure. As long as BTCUSDT remains above the 62,900 Demand Zone and holds within the ascending channel, the bullish scenario remains valid. A continuation higher could push price toward the 67,000 Supply Zone (TP1). Manage your risk!

by heniitrading

Pullback Before the Next Move Higher?Hi everyone!🐻🦬🌴 Bitcoin came within just $676 of my 67,600 target yesterday before pulling back 👾 ❗️Looking at the way price broke above 65k, I don’t think this rally is over yet. To me, this is only the beginning of the current bullish leg. So far, the move continues to develop inside the ascending parallel channel shown on the chart. Another important development is the new local support at 66,550. This level acted as resistance several times over the past week and may now provide support on the way up. The lower boundary of the channel is by no means a “concrete” level. As you can see, price has already produced several false breakdowns below it. The same goes for 65,500. Still, during a healthy uptrend, local support levels don’t have to be perfect to stop a pullback. That’s exactly why it’s worth keeping them on the chart. 🦬🚀 Bullish scenario. As long as Bitcoin holds above 65k, I view the current pullback as a healthy pause before another attempt to break through 67,600. The next leg higher could start either from the lower boundary of the channel around 65,850 or from the horizontal support at 65,500 (green arrows on the chart🟢). 🐻🪓 Bearish scenario. If Bitcoin fails to regain and hold above 65k, sellers may take back control, opening the door to a much deeper correction toward: - 62,500 — Key support where price has been consolidating since early June. - 60,800 — Local horizontal support. - 60,000 — Strong horizontal support. Trade safe, and see you in the next update! Peace 🌄 ⚠️ Disclaimer: All information shared on this channel is for educational and informational purposes only and is not investment advice. The author is not responsible for your trading decisions. Always manage your risk and make your own decisions.

by inchartswetrust

GOOGL pre-earnings looks interesting GOOGL looks interesting ahead of earnings. Support 335-345 is the berkshire share support levels.

by StockPickingEnthusiast

Bullish Reversal Signs in Refinery Stock!PRL Analysis Closed at 42.07 (10-07-2026) Inverse Head & Shoulders Falling channel breakout Resistance breakout (38.78) Strong bullish candle High breakout volume Higher low forming on the right shoulder. If price falls back below the neckline and remains below it, the breakout may turn into a false breakout.

by House-of-Technicals

Usdjpy short?This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.

by VORSwingTrading

XAUUSD - Downward Channel Continues, Target at 3,790 XAUUSD is trading around 4,048 and remains entirely within its H4 downtrend channel. Previous rallies have consistently created lower highs, indicating that buyers lack the strength to break the dominant downtrend structure. The current macroeconomic context also supports a bearish scenario. The USD is maintaining near its one-week high, while the yield on 10-year US Treasury bonds is around 4.59%. High oil prices continue to fuel inflation concerns and expectations that the Fed may keep interest rates high for longer, thereby increasing the opportunity cost of holding gold. The price is currently approaching the 4,035–4,080 resistance zone, while also being close to the upper trendline of the channel. If this area continues to be rejected, the rebound may only be a pullback before selling pressure returns. A H4 candle closing below 3,990 would reinforce the possibility of price heading towards 3,900, and further to the target zone around 3,750–3,790.