XRPUSD attempting to break up from daily symmetrical triangleYou can see that price action has starting closing above this light blue triangle on the daily xrpusd chart and is holding the top trendline as support on the retest for now as well. Should we close the current daily candle above the triangle as well that increases the probability of confirming the breakout. The breakout target should lift price action up to the 200ma the darker blue line just above and perhaps even above it, hopefully it will flip it to support in the process. *not financial advice*
Symmetrical Triangle
An updated look at the weekly logchart for xrpusdWe can see price action is currently consolidating inside a bull pennant that I have colored light blue here and as long as the blue 200 weekly MA maintains solid support price should break upward from the pennant by the time it reaches where I have placed the dotted measured move line. If that is the point at which it breaks out the target is around $9.19 or so but on my linear weekly chart (not shown here) price is currently a weekly candle or 2 away from breaking above the top trendline of a wedge on that chart that has a breakout target around 3.09 or so. So if that linear wedge plays out odds are good we would also breakout up from this log chart pennant considerably sooner than where I have arbitrarily placed the dotted line, in which case the price target for this log pennants breakout would be even higher than 9.18 potentially even above 10 dollars at that point. We can also see that we have two other even bigger chart patterns here on this weekly log chart as well. The tan colored symmetrical triangle, and the ascending triangle with the red line as its top trendline. The tan triangle’s breakout target around $33 and the ascending triangles target all the way up at $100. Being a log chart, some of these bigger patterns will take much longer to hit their targets than the linear chart patterns usually take to reach theirs, however I believe we are very likely to hit the smaller light blue pennant’s breakout target by sometime next year at the latest and possibly even this year, I have included the linear weekly wedge chart for xrpusd in a link below *not financial advice*
EURUSD H1 | Sell From Premium Supply — 1.17500 RejectionBias: Bearish (Short-Term)
Price has pushed into a premium supply zone on the 1H timeframe, tapping into a key resistance level at 1.17500 – 1.17550. This aligns perfectly with the 4H symmetrical triangle upper boundary and prior structure resistance — a high probability sell setup is forming.
Technical Confluence
1.17500 – 1.17550 is a clear supply/resistance zone on the 1H
Aligns with 4H triangle upper trendline resistance
Prior CHoCH level — structure flip zone
Price trading in premium relative to the recent range
EMA resistance cluster at this level on 1H
Momentum showing signs of exhaustion at current levels
Ties into the 4H FVG sweep narrative — price needs to come down to 1.16240 before any real breakout
🔴 Trade Setup — SELL
🔴 Sell Entry: 1.17500 – 1.17550
Premium supply zone
1H resistance / prior structure
Triangle upper boundary
Look for bearish rejection candle before entering
🛑 Stop Loss: 1.17850
Above the supply zone
Above the Weak High on 1H
Clears all liquidity above entry
Take Profit 1: 1.17200
Nearest 1H support / demand area
Partial close recommended
Take Profit 2: 1.16500
Mid-range support
Previous consolidation zone
Take Profit 3: 1.16247
FVG target from 4H analysis
Full bearish objective
Smart money magnet below
Risk-to-Reward
LevelPriceEntry1.17500Stop Loss1.17850 (-35 pips)TP11.16950 (+55 pips)TP21.16500 (+100 pips)TP31.16247 (+125 pips)
RR to TP1 ≈ 1:1.6 ✅
RR to TP2 ≈ 1:2.9 ✅✅
RR to TP3 ≈ 1:3.6 ✅✅✅
🧠 Narrative
On the 4H timeframe, EURUSD is compressing inside a symmetrical triangle with an untouched FVG sitting below at 1.16247. Before any major bullish breakout can happen, smart money needs to sweep that liquidity below.
Dropping down to the 1H, price has now pushed into the premium supply zone at 1.17500 — exactly where sellers are expected to step in. This 1H sell is not against the bigger picture bullish bias — it IS the bigger picture play. Price needs to come down from 1.17500 to fill the FVG at 1.16247 before the real bullish move launches.
This sell is the mechanism that fills the 4H FVG.
The logic is clean:
🔴 Sell at 1.17500 → ride down to FVG
🟢 Buy at 1.16247 → ride the major breakout
Two trades. One complete narrative. Execute both with discipline.
EURUSD H4 | Symmetrical Triangle — FVG Sweep Below Before Major Bias: Bullish (After Bearish Liquidity Grab )
EURUSD is compressing inside a Symmetrical Triangle on the 4H timeframe following a massive bullish impulse from the 1.1435 lows. Price is coiling tighter with each swing — a major breakout is approaching. The higher probability play is a sweep of the FVG below before the real bullish move begins.
Technical Confluence
Symmetrical Triangle clearly defined — lower highs and higher lows compressing price
CHoCH (Change of Character) confirmed bullish on the macro move from 1.1435
FVG (Fair Value Gap) sitting below at 1.16240 – 1.16247 — untouched and acting as a magnet
Weak High resting above at 1.18293 — liquidity target if breakout happens upward
Price currently inside the triangle apex zone — decision point imminent
EMA clusters tightening — momentum squeeze building
🔴 Scenario 1 — HIGH PROBABILITY: Sweep FVG Then Buy
Price breaks briefly below triangle support, taps the FVG at 1.16240–1.16247, grabs liquidity below, then reverses bullish for the main move.
🟢 Buy Entry Zone: 1.16240 – 1.16500
FVG fill zone
Triangle support / liquidity sweep area
Discount zone for smart money accumulation
🛑 Stop Loss: 1.15156
Below the major demand zone
Below the swing structure
Full setup invalidation level
TP1: 1.17519
Back inside triangle / internal resistance
TP2: 1.18044
Upper triangle resistance / prior structure
TP3: 1.18293
Weak High — full liquidity target above
🎯 TP4 (Extended — Breakout): 1.19500+
If breakout above triangle confirms
Major move continuation target
RR to TP3 ≈ 1:3.5 ✅✅✅
🟢 Scenario 2 — LOW PROBABILITY: Direct Breakout Above
Price breaks above the triangle without sweeping the FVG — immediate bullish continuation targeting the weak highs and beyond.
🟢 Buy Entry: 1.18044 – 1.18293 (on confirmed breakout + retest)
Breakout above triangle upper trendline
Retest of breakout level as support
🎯 Target: 1.19500 – 1.20000
Measured move from triangle height
Major psychological resistance
Lower probability — smart money typically grabs liquidity below before major moves
Risk-to-Reward (Scenario 1)
LevelPriceEntry1.16350Stop Loss1.15156 (-119 pips)TP11.17519 (+117 pips)TP21.18044 (+169 pips)TP31.18293 (+194 pips)TP41.19500 (+315 pips)
RR to TP2 ≈ 1:1.4 ✅
RR to TP3 ≈ 1:1.6 ✅✅
RR to TP4 ≈ 1:2.6 ✅✅✅
My Narrative
EURUSD made a historic bullish impulse from the 1.1435 demand zone, printing a clean CHoCH on the macro timeframe. However, price has now entered a consolidation phase inside a symmetrical triangle — this is classic smart money accumulation before the next explosive move.
The chart clearly shows a headline note: "A MAJOR BREAKOUT IS APPROACHING" — and the technical structure agrees.
Here's why the FVG sweep is the higher probability play:
Smart money does not move price in a straight line. Before launching the next leg higher toward 1.18293 and beyond, institutions will likely engineer a liquidity sweep below the triangle — grabbing the stops of retail traders who went long, filling their own orders at the FVG (1.16240–1.16247), then launching price explosively upward.
The two scenarios:
Price dips to FVG (1.16240) → liquidity grabbed → BUY → target 1.18293+ (HIGH PROB)
Price breaks directly above triangle → retest → BUY → target 1.19500+ (LOW PROB)
Either way the bias is ultimately bullish. The question is just — does price sweep below first or not?
Patience is key. Wait for your level. Don't chase the triangle break.
XRP PREPARING FOR A VOLCANIC MOVE!Hey traders! I’m back with a fresh analysis of XRP/USDT , where I’ve identified a massive symmetrical triangle pattern that is reaching its terminal point.
As you can see on the daily chart, this pattern has been coiling for months following the major correction. The "quiet" volume on the OBV and standard indicators is the ultimate tell—the market is holding its breath before a violent expansion. While the selling pressure has looked heavy on the dips, triangles are famous for trapping over-eager traders. We don't guess; we react.
My Trade Execution Plan
To avoid getting caught in a "fakeout," I am using a dual-stop strategy to catch the momentum the moment the dam breaks. Here is exactly how I’m setting up my orders:
🚀 BULLISH SCENARIO (Long):
BUY STOP: 1.50
Take Profit: 1.85
Rationale: A break above 1.50 clears the descending resistance and confirms a shift in market structure.
📉 BEARISH SCENARIO (Short):
SELL STOP: 1.30
Take Profit: 1.05
Rationale: If we lose the 1.30 support, the "measured move" suggests a fast slide back toward the $1.00 psychological level.
Symmetrical Triangle Theory: Why This Works
For those following along at home, here is the technical breakdown:
1. The Squeeze: Volume must decrease as price gets pinched toward the apex. We are seeing that perfectly here.
2. The Breakout: For a move to be "real," we need to see a massive spike in volume at the breakout point.
3. The Target: We calculate the "measured move" by taking the height of the triangle’s mouth and projecting it from the breakout price.
Master the Charts
If you want to understand the math behind these patterns, John Murphy’s "Technical Analysis of the Financial Markets" is the gold standard. It’s how the pros identify these setups before they happen.
What’s on your watchlist? I’m looking for my next setup—drop a coin in the comments and I might feature it in tomorrow’s update!
Don't forget to follow, like, and comment to stay ahead of the next big move!
Symmetrical Triangle Forms on GAThe Bulls and Bears struggle in OANDA:GBPAUD seems to be coming to a point with price forming a Symmetrical Triangle!
Bears have been keeping price below a Falling Resistance with tests @ 1.8946 and 1.8916 and Bulls keeping price above a Rising Support with tests @ 1.88084 and 1.88449.
Now this pattern can either be a Continuation of trend of a Reversal, which all depends on whether price breaks the Falling Resistance or Rising Support!
Once a valid breakout occurs with a successful retest, this will generate opportunities to take price to either the overhead Resistance or underlying Support levels marked on the chart!
SONACOMS . Multi-Timeframe Breakout Setup | Big Move Incoming . This stock is currently showing a strong multi-timeframe setup, combining short-term momentum with a broader swing opportunity.
On the short-term chart, price is moving in a rising structure and approaching a key resistance zone of 630–650. The trend is gradually shifting bullish, with higher lows forming — indicating accumulation. A breakout above this resistance can trigger fresh momentum.
Looking at the swing chart, the stock has already completed a corrective phase and is now attempting a breakout from a contraction pattern. If this breakout sustains, the pattern target comes around 770–800, making it a strong positional opportunity.
On the alternate short-term structure, price is again respecting an upward channel. The immediate resistance lies near 625–630, while the trend remains intact as long as higher lows are maintained.
Key Strategy:
Bias remains bullish
Best approach: Buy on dips
Immediate support: 500–510
Strong swing support: 470–480.
Conclusion:
As long as the stock holds its support zones, dips can be considered buying opportunities, with a potential upside move toward higher targets in the coming sessions .
$EURUSD - $1.18 as a decisive levelHi guys! 👋
🔔 EURUSD is at 1.1690 and the market is stuck. It bounced hard off the March lows at 1.1407, gained over 200 pips in a week when the ceasefire headlines hit, and now it's sitting right under the one level that matters — 1.1820.
🔔 Break it and hold it, this goes to 1.2000 and potentially 1.2500. Can't break it, and 1.1200–1.1180 becomes the next stop.
🔔 What followed in early 2025 was a strong impulsive move — clean, fast, technically valid — that broke price above the mid-range of the triangle and ran all the way to 1.2000. That impulse matters.
🔔 The problem is the ascending broadening wedge sitting on top of it. Higher highs, higher lows, but the boundaries are expanding not tightening.
🔔 The MA50 crossed below the MA200. That's a Death Cross, it's confirmed, and it's sitting right where price is trading now. You're basically trading inside the moving average cluster, which means every candle from here is a fight between the bulls trying to reclaim it and the bears defending it.
🔔 The 50% level is where the market tends to find genuine buyers after a corrective move, and the bounce off it has been real. The question is whether that bounce has enough behind it to take out 1.1820 or whether it fades into the moving average cluster and rolls over.
Bias : Retest $1.182 and go down to $1.11
Invalidation : If closes above $1.182, which will lead to another jump to $1.20
✊ Good luck with your trades! ✊
• If you like the idea, hit the 🚀 button
• Please ✍️ your thoughts in the Comments section
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BITCOIN - Market stagnation. Bearish trend BINANCE:BTCUSDT.P is stagnating, forming a symmetrical triangle within a global flat pattern that has formed as part of a global downtrend. There is still no fundamental support for the crypto market.
Bitcoin has attempted to act as a hedge in the current tense geopolitical and economic situation, but all attempts at growth are being aggressively sold off.
A trend line is forming, and the market is not allowing the price to reach intermediate key areas of interest, which indicates the presence of bearish pressure. Bitcoin is in a global downtrend. Focus on the current range of 69,185 - 71,100. The market may test 70100 - 71000 before falling within the main figure (to 67K).
Resistance levels: 7010, 71000, 72000
Support levels: 69180, 66270
The reaction to the 69200 support is weakening, and the bulls may not be able to withstand market pressure. A close below 69185 could trigger distribution within the main bearish trend. Before that, a short squeeze of 70100 - 71060 is possible. However, the structure will be broken if Bitcoin manages to break through 72K and consolidate above this zone.
Best regards, R. Linda!
Bitcoin Just Reclaimed $68,000 — Breakout Confirmation Next?After the military tensions in the Middle East began, Bitcoin ( BINANCE:BTCUSDT ) initially moved lower. However, as the situation stabilized, the market regained confidence — and BTC started to recover.
Now, Bitcoin has successfully broken the key $68,000 trading level and is currently attempting to break the upper lines of a symmetrical triangle.
From an Elliott Wave perspective, it appears that BTC is completing microwave C of the main wave Y.
In addition, Bitcoin maintains a strong correlation with the SPX500 index( FX:SPX500 ). Since SPX500 has been pumping strongly in recent hours, this increases the probability of further upside for BTC.
I expect Bitcoin to break the upper lines of the symmetrical triangle and potentially move toward at least $70,881.
Will BTC successfully confirm the breakout and continue higher?
First Target: $70,881
Second Target: $72,273
Third Target: Cumulative Short Liquidation Leverage($74,560-$72,440)
Stop Loss(SL): $66,956
Points may shift as the market evolves
Cumulative Long Liquidation Leverage: $68,480-$67,760
Cumulative Long Liquidation Leverage: $64,440-$63,750
💡 Please respect each other's opinions and express agreement or disagreement politely.
📌Bitcoin Analysis (BTCUSDT), 4-hour time frame.
🛑 Always set a Stop Loss(SL) for every position you open.
✅ This is just my idea; I’d love to see your thoughts too!
🔥 If you find it helpful, please BOOST this post and share it with your friends.
IREN: Compression at a Critical Inflection — Resolution Near!(A) THE TECHNICAL SETUP
Iris Energy (IREN) has spent the last several months compressing into a descending triangle inside a larger Symmetrical Triangle on the weekly timeframe. Momentum has stalled, volatility has contracted, and price is now pressing into the apex of the smaller structure.
• The Last Line of Defense: Price is resting directly on the ascending support trendline. This level also aligns with the Anchored VWAP from the April 2025 low (yellow line), making it a technically significant pivot.
• The Compression: Volatility contraction suggests a decisive directional expansion is approaching. The structure currently leans toward a test of lower bounds unless buyers reclaim control.
• The Approach: We are not front-running. The chart is mapping exhaustion. We are defining failure points and letting price confirm.
----------
(B) FUNDAMENTAL HEADWINDS (Context Matters)
The AI infrastructure narrative that fueled the prior impulse is maturing. Markets are beginning to differentiate between theme and economics.
1️⃣ Narrative vs. Margins:
The pivot from Bitcoin mining to AI cloud was rewarded aggressively. However, this transition is capital-intensive. As AI enthusiasm normalizes, investors are scrutinizing margin durability and return on invested capital.
2️⃣ CapEx Burden:
Scaling gigawatts of data center capacity requires sustained capital deployment. If compute demand growth moderates, high fixed costs compress operating leverage. In capital-heavy models, execution precision matters.
3️⃣ High-Beta Rotation Risk:
We are observing selective rotation out of narrative-driven, high-beta technology into stronger cash-flow profiles. In tightening liquidity environments, speculative multiples compress first.
This does not mean collapse. It means expectations are being repriced.
----------
(C) KEY LEVELS (Scenario Mapping)
📉 --> Base Case: Breakdown Scenario (Structure Currently Favors)
A weekly close below the ascending trendline and the April 2025 AVWAP (~$37–38) signals structural failure.
• Downside Target: $27–28 demand zone (green box).
• Why $28 Matters: Prior IPO high and former breakout base. It represents the last meaningful institutional accumulation shelf.
Loss of $38 opens air toward the prior demand shelf.
📈 --> Alternative Case: Upside Resolution (Lower Probability, Must Track)
A weekly close above descending resistance (~$48) invalidates the bearish lean.
• Break above $48 resets consolidation.
• Reclaims momentum and opens room toward $60–62 (next major resistance zone).
• Signals continuation of the primary uptrend.
Structure decides. Not opinion.
----------
(D) OPTIONS POSITIONING (Defined Risk)
Consider Bear Call Credit Spreads above descending resistance.
• Thesis: Upside is capped beneath resistance.
• Even if price chops sideways, time decay works in your favor.
• If breakdown materializes, premium is retained with strictly defined risk parameters.
This is structure-driven positioning — not directional guessing.
----------
(E) BOTTOM LINE
IREN is compressing at a critical inflection point.
Support: $37–38 | Resistance: ~$48
Below support, the path opens toward $28.
Above resistance, the trend resumes higher.
This is not prediction. This is scenario management. Let price confirm.
Jay Vohra: Chartered Accountant (CA) | Ex-UK Commodity Desk | Equity & Options Strategist — Aligning macro, fundamentals & technical precision to capture high-conviction asymmetric setups. Risk defined before capital deployed.
Disclaimer: Educational purposes only.
VIRTUAL/USDT – Long Setup!Hey Traders!
If you’re finding value in this analysis, smash that 👍 and hit Follow for high-accuracy trade setups that actually deliver!
Symmetrical triangle breakout. Momentum building.
🟢 Entry: $0.71 – $0.73
🎯 Target 1: $0.85
🎯 Target 2: $0.98
🎯 Target 3: $1.20 – $1.25
🛑 Stop Loss: $0.67 (4H close below support)
Recommended:
✔️ Spot accumulation
✔️ Low leverage only (2x–3x max)
✔️ Trail SL after T1 hit
Risk management is key. Don’t overleverage.
What’s your view on this?
Share your thoughts in the comments below 👇
Bitcoin Just Pulled a “Fake Breakdown” | Watch What Happens NextAs I expected in the previous idea , Bitcoin( BINANCE:BTCUSDT ) hit my first target; however, with the start of the new week, it began to decline again. Now, the question is: Can Bitcoin break the heavy support zone ($78,260-$64,850 or not? Stay with me.
Bitcoin is currently moving near the lower and critical levels of the heavy support zone ($78,260-$64,850. If it breaks the previous price bottom($64,290) on the 4-hour timeframe, it might start a stronger decline. But in my view, that won't happen.
Bitcoin seems to have broken the lower line of the symmetrical triangle, but since it couldn’t continue, it appears to have been a fake break.
From an Elliott Wave theory perspective, Bitcoin still hasn’t completed its upward corrective waves. With the new week, it seems wave X is complete, and we can expect the main upward wave Y.
We can confirm this by analyzing USDT.D%( CRYPTOCAP:USDT.D ). In my view, USDT.D% might decline, as its main wave four isn’t finished, which could help Bitcoin’s upward movement.
I expect Bitcoin to rise in the coming hours and at least fill the upper CME Gap($67,925-$67,760). The second target could be the upper lines of the symmetrical triangle and the Cumulative Short Liquidation Leverage($70,000-$68,750).
First Target: $68,011
Second Target: $68,696
Third Target: $69,731
Stop Loss(SL): $64,367(Worst)
Points may shift as the market evolves
Cumulative Long Liquidation Leverage: $64,270-$63,820
Cumulative Long Liquidation Leverage: $60,000-$58,000
CME Gap: $84,560-$79,660
CME Gap: $54,545-$52,980
Note: Since my short-term analysis on the S&P 500 ( FX:SPX500 ) is bullish, the S&P’s rise, given its high correlation with Bitcoin, could also support Bitcoin’s rise.
What’s your outlook for Bitcoin in the coming hours?
💡 Please respect each other's opinions and express agreement or disagreement politely.
📌Bitcoin Analysis (BTCUSDT), 4-hour time frame.
🛑 Always set a Stop Loss(SL) for every position you open.
✅ This is just my idea; I’d love to see your thoughts too!
🔥 If you find it helpful, please BOOST this post and share it with your friends.
Btc appears 2 be breaking down from symmetrical triangle/pennatThe full bear pennant breakdown target is all the way at 40k however just the symmetrical triangle on its own is around 54k or so which is the exact target of the previous bear flag shown here with the dotted magenta line. There’s a chance it could finish dumping once it reached the full target of both the symmetrical triangle and the previous bearflag but if we are indeed inside a bear market currently then probability is high that it will also head to the current bear pennant breakdown target of 40k. *not financial advice*
Bitcoin Near a “Do-or-Die” Zone — Here’s What I’m WatchingThis analysis is on the 4-hour timeframe, in line with the idea I shared with you a few days ago . Since Bitcoin ( BINANCE:BTCUSDT )'s moves in the past few days have been rather range-bound and without significant momentum, I’m sharing another update with you based on Bitcoin’s current conditions.
Bitcoin is still moving near the lower area of a heavy support zone ($78,260-$64,850) and close to a Cumulative Long Liquidation Leverage($65,590-$65,200).
From a classical technical analysis standpoint, Bitcoin’s movements in the past two weeks have shown two moves in a descending channel. Now, in these recent three days, Bitcoin has formed a descending channel. Additionally, there’s a chance of a symmetrical triangle forming. Since a symmetrical triangle is a continuation pattern and the higher timeframes are bearish, if this pattern completes and Bitcoin moves downward, the heavy support zone might break with the triangle’s help. Of course, that’s just one scenario.
From an Elliott Wave theory perspective, Bitcoin still has a chance for an upward wave as long as it doesn’t drop below $65,000. We could expect a wave C of a Zigzag Correction(ABC/5-3-5) to be on the way.
Also, looking at USDT.D%( CRYPTOCAP:USDT.D ) we can see a classical rising wedge pattern. If the lower lines of this pattern break, we could expect a drop in USDT.D%, which could help boost prices in the crypto market, including Bitcoin.
I expect, based on the above, that after breaking the descending channel, Bitcoin could rise at least to the Cumulative Short Liquidation Leverage($68,890-$68,440). If momentum picks up, it might even reach the upper lines of the symmetrical triangle.
What’s your outlook for Bitcoin in the coming hours?
Note: Beyond the technicals, rising Middle East tensions—especially at weekends—could increase, affecting Bitcoin. Also, if the S&P 500( TVC:SPX ) experiences a sudden drop, due to its correlation with Bitcoin, it could trigger a Bitcoin decline as well.
First Target: $68,267
Second Target: Upper lines of symmetrical triangle
Third Target: Cumulative Short Liquidation Leverage($71,830-$70,500)
Stop Loss(SL): $64,859
Points may shift as the market evolves
Cumulative Long Liquidation Leverage: $60,000-$58,000
CME Gap: $84,560-$79,660
CME Gap: $54,545-$52,980
💡 Please respect each other's opinions and express agreement or disagreement politely.
📌Bitcoin Analysis (BTCUSDT), 4-hour time frame.
🛑 Always set a Stop Loss(SL) for every position you open.
✅ This is just my idea; I’d love to see your thoughts too!
🔥 If you find it helpful, please BOOST this post and share it with your friends.
Blue Star Ltd. – Breakout Structure with Seasonal TailwindBlue Star has registered a decisive breakout from a symmetrical triangle formation, signalling a potential expansion phase following prolonged consolidation. Post-breakout, the stock is currently trading within a narrow range just below a key swing resistance, indicating controlled price action ahead of a possible momentum move.
A decisive close above the immediate swing high would confirm continuation and could trigger an accelerated upside move, supported by the structural breakout pattern.
From a thematic perspective, the stock also stands to benefit from a seasonal demand tailwind, with the approaching summer period historically supportive for air-conditioning and cooling solution companies.
For trading purposes, ₹1900 may be considered as a protective stop-loss, maintaining a favourable risk profile. Upside objectives are placed at ₹2260, followed by ₹2450 and ₹2520 based on prior swing projections and measured move potential.
In case price achieves initial targets with sustained momentum, a trailing stop approach is preferred over premature profit booking, allowing participation in any extended breakout move.
HIMATSEIDE | Last Leg in Formation – Watch Closelythe stock is forming a dual pattern across two different timeframes.
A strong demand zone is clearly visible on both charts, with the same support range between 80–95, reinforcing the reliability of this base.
On the higher timeframe, the structure reflects a Symmetrical Triangle formation. while the intermediate timeframe shows a Broadening Wedge,
The key resistance levels to watch are:
₹200 near the upper boundary of the triangle
₹300 near the broadening wedge resistance
Historically, whenever this support zone has sustained, the stock has gone on to register new highs.
As long as price holds above the base, the broader structure remains bullish and continuation is favored, subject to confirmation by price action.
thank you ..
AUDNZD Setup: Symmetrical Triangle + Bullish FundamentalsToday, I want to share a long idea on AUDNZD ( OANDA:AUDNZD ) with you.
Let’s walk through the fundamental and technical picture step by step.
From a fundamental perspective, AUDNZD maintains a mild bullish bias.
Australia’s monetary policy remains slightly more restrictive compared to New Zealand’s.
Persistent inflation pressures keep the RBA cautious about rate cuts, while recent inflation data in New Zealand has largely been priced in and has not provided a fresh advantage for the NZD.
Additionally, Australia continues to benefit from relatively stronger growth support driven by the commodity sector, which adds to AUD resilience.
Overall, the fundamental balance currently favors AUD over NZD, making a long AUDNZD position reasonable — though, as always, not without risk.
AUDNZD is currently trading near key support lines.
From a classic technical analysis perspective, the pair is consolidating inside a symmetrical triangle, signaling compression and a potential expansion phase ahead.
From an Elliott Wave perspective, AUDNZD appears to have completed the main wave 4, suggesting the market may be preparing for the next impulsive move.
If price breaks above the upper line of the symmetrical triangle, I expect AUDNZD to push at least toward the 1.16370 NZD as an initial upside target.
First Target: 1.16370 NZD
Second Target: 1.1668 NZD
Stop Loss(SL): 1.1547 NZD
Points may shift as the market evolves
Do you think AUDNZD can resume its upward trend?
💡 Please respect each other's opinions and express agreement or disagreement politely.
📌Australian Dollar/New Zealand Dollar Analysis (AUDNZD), 4-hour time frame.
🛑 Always set a Stop Loss(SL) for every position you open.
✅ This is just my idea; I’d love to see your thoughts too!
🔥 If you find it helpful, please BOOST this post and share it with your friends.
ASL , Triangular BreakoutAisha Steel Mills Ltd. (ASL) is consolidating in a descending / symmetrical triangle after a pullback. Price compression indicates selling pressure is easing. A breakout above 14 would confirm strength, while a sustained move above 14.80 could accelerate upside momentum.
Stop-loss: 12.89 on a close below structure.
🎯 Target 1: 15.85 (R:R ~1:1.25)
🎯 Target 2: 16.89 (R:R ~1:2.05)
Structure favors upside continuation on a decisive breakout.
AUDCAD is Breaking Triangle — Bullish Breakout Ahead of CPI?Today, I want to share a long trading opportunity on the AUDCAD pair ( FX:AUDCAD ), so stay tuned!
Currently, AUDCAD has successfully broken through its resistance line and is now situated within a heavy resistance zone(0.9585 CAD-0.9247 CAD).
From a classic technical analysis perspective, if we look at the AUDCAD chart on the 4-hour timeframe, we can see a symmetrical triangle pattern, which suggests a continuation of the recent bullish trend of AUDCAD.
From an Elliott Wave perspective, it appears that AUDCAD has completed microwave 4 of the main wave 5, and we can expect the start of microwave 5 of the main wave 5. The breakout above the upper line of the symmetrical triangle could confirm the end of the microwave 4.
Additionally, today’s Canadian CPI data could act as a key catalyst for AUDCAD.
Based on recent macro trends, I expect inflation pressures in Canada to remain soft.
If CPI comes at or below expectations, it should weaken CAD and support a bullish continuation on AUDCAD.
As long as the structure holds, I remain biased to the long side.
As a result, I expect that after breaking the upper line of the symmetrical triangle, AUDCAD could rise at least to 0.9357 CAD.
First Target: 0.9357 CAD
Second Target: 0.9397 CAD
Stop Loss(SL): 0.9241 CAD
💡 Please respect each other's opinions and express agreement or disagreement politely.
📌Australian Dollar/Canadian Dollar Analysis (AUDCAD), 4-hour time frame.
🛑 Always set a Stop Loss(SL) for every position you open.
✅ This is just my idea; I’d love to see your thoughts too!
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