Triangle
EURUSD Bullish Structure Intact — Retest Could Lead to 1.1750Hello traders! Here’s my technical outlook based on the current EURUSD (2H) chart structure. EURUSD previously traded inside a descending structure before breaking above the resistance line and shifting bullish. After the breakout, price formed an ascending channel and continued higher toward the 1.1750 Seller Zone, where sellers may defend the upside. Currently, EURUSD is trading above the 1.1670 Buyer Zone while approaching the 1.1750 Resistance Level. The recent breakout and continued movement inside the ascending channel suggest that buyers remain in control. As long as EURUSD remains above the 1.1670 Buyer Zone and respects the ascending channel, the bullish scenario remains valid. A successful retest of support could push price toward the 1.1750 Seller Zone (TP1). However, a breakdown and close below 1.1670 would weaken the bullish outlook and increase the risk of a deeper correction. Please share this idea with your friends and click "Boost" 🚀
ETHUSDT - Consolidation could trigger further growthBINANCE:ETHUSDT.P remains relatively strong compared to Bitcoin. After a strong rally, the altcoin has entered consolidation near key resistance levels, which is a locally positive setup
Bitcoin is strengthening on the back of recent news and breaking out of its year-long bearish trend. Last week’s session closed favorably, and the lack of a deep correction increases the chances of further upside across the broader market.
After a strong rally and reaching a new high at 2,550, Ethereum has entered a consolidation phase, indicating strong buyer interest in further upside
Resistance levels: 2485, 2550
Support levels: 2423, 2356
Technically, the market could form a local long squeeze around the support zone before continuing higher. However, a breakout and close above 2,485 would open the way for a potential rally toward 2,550–2,620
Best regards,
R. Linda.
MCRO — Triangle Breakout Continues Toward 1.75EGX:MCRO confirmed a bullish breakout from the descending triangle structure on the daily chart, followed by strong upward momentum and a sequence of higher highs.
The previously identified targets at 1.26, 1.30, 1.50, and 1.59 have all been reached. After testing higher levels, the stock is currently consolidating near 1.56 while remaining above the former breakout area and the rising long-term moving average.
The next challenge is the 1.59–1.60 resistance zone. A confirmed daily close above this area would strengthen the continuation scenario toward 1.68, followed by the primary target at 1.75.
Achieved targets:
1.26 / 1.30 / 1.50 / 1.59
Next target:
1.75
Key support levels:
First support: 1.50–1.54
Second support: 1.45–1.46
Key resistance levels:
First resistance: 1.59–1.60
Second resistance: 1.68
The technical structure remains constructive while the price holds above the 1.50 area. A daily close below 1.45 would weaken the breakout structure and increase the risk of a deeper correction.
Educational content for research purposes only. This is not a recommendation to buy or sell. Do your own research before making any investment decision.
BTC: The Key Level Between a Bull Cycle and a TrapSince last Wednesday, the hottest topic in my circle of friends (and in many other places, I’m sure) has been whether this move marks the beginning of a new bullish cycle or is simply a bull trap.
Two weeks ago, I shared my BTC analysis using the weekly and daily charts. On the weekly chart, I highlighted the importance of the trendline that had held since late 2018, until June 2026, when the price finally broke below it. BTC then found support in an area where two significant technical indicators converged: the 200-week moving average (blue line) and the 0.618 Fibonacci retracement at $57,778, just $30 above the eventual bottom at $57,748. This Fibonacci level measures the entire move that started in November 2022 and peaked in September 2025.
The explosive move we’ve seen over the last few days came after two months of consolidation inside a symmetrical triangle, with BTC trading in a range between $58K and $67K.
For me, the most important indicator for determining whether we’ve started a new bull cycle or are looking at a bull trap is the yellow trendline that was broken in June 2026.
There is a very common pattern in technical analysis where, after a major trendline breaks to the downside, price attempts to reclaim it but often fails, especially on the first attempt.
Here is an example of a failed reclaim of a trendline:
It’s the total crypto market cap chart, where we can see a trendline that held from August 2024 until November 2025. After breaking below it, the price consolidated for a few weeks before attempting to reclaim the trendline. For about a month, price made several attempts to get back above it, but ultimately failed each time.
Now, back to the BTC weekly chart. For me, the key question is whether Bitcoin can successfully reclaim this major trendline. That will be my main gauge for determining whether we’re entering a new bull cycle or looking at another bull trap.
I expect BTC to spend at least a few days consolidating around this area, and by the end of that consolidation, we should have a much clearer idea of which way the wind is blowing.
Another technical indicator I’ll be watching closely is the weekly RSI. We can see that the RSI has been respecting the same trendline since March 2024, and it’s currently right at that resistance. A clean breakout above this RSI trendline would be another strong signal that momentum is shifting toward a new bullish cycle.
Now I want to zoom in on the daily chart, because it’s also giving us some important clues:
On the daily chart, we can see that BTC consolidated between $58K and $67K inside a symmetrical triangle that developed over roughly two months.
There are a few very interesting things to note here. First, during the breakout, Bitcoin broke above the 200-day moving average (blue line) for the first time since November 2025, which is a very bullish sign.
Using the classic symmetrical triangle method to project targets, we get $69,330 for Target 1 and $75,313 for Target 2.
One thing to keep in mind: when a breakout happens this quickly, fueled by strong FOMO and short covering, it’s quite common for the price to move significantly beyond the traditional triangle targets as we saw here.
The RSI on the daily chart reached an extreme level of almost 87, so a pullback was expected. That said, with Bitcoin, it’s not unusual to see the RSI remain at extremely high levels for an extended period of time.
Currently, the price is holding just above the key trendline, and I believe the 75k-77k area should now act as a strong support zone. As I mentioned earlier, I expect a consolidation phase here, which could last anywhere from a few days to several weeks.
There are plenty of positive signs, as I’ve shown throughout this analysis, that Bitcoin could be starting a new bull cycle. But for me, the most important thing is holding above this trendline.
At this point, I think it’s still too early to say that the bear market is behind us but there are definitely reasons to be optimistic.
GOLD - Local correction before growth ICMARKETS:XAUUSD is making new highs, but toward the end of Friday’s trading session, the market entered a local correction phase amid profit-taking. The market remains in a local bullish phase
The dollar is stagnating again after its sharp decline, with no change in market structure. Technically, the bearish move could continue
Gold is forming a correction within its bullish phase. The current liquidity-hunting phase could soon give way to another bullish impulse.
Next week, the main focus will be on the PCE data and GDP.
Technically, gold is forming a bottom around 4,000 and breaking its local market structure, suggesting a potential return to the broader trend. At the open of the session, gold could continue its local correction before resuming the uptrend.
Areas of interest: 4,770–4,860
Resistance levels: 4630, 4650
Support levels: 4590, 4578, 4563
Locally, the key range is 4,563–4,630. Within the current range, gold is correcting toward the liquidity zone.
A long squeeze around the 4,590–4,580 area could trigger a bounce and a move higher toward 4,650
Best regards,
R. Linda
BITCOIN - Correction before a rally to 83000BINANCE:BTCUSDT.P , amid the current market euphoria and a shift from consolidation to distribution, is testing the 80K resistance area. Locally, there are bullish conditions, but strong resistance lies ahead
The market entered a rally phase following the crypto summit held at the White House. Is Trump once again engaging in pre-election manipulation???
Technically, Bitcoin is breaking out of its year-long bearish trend, with news acting as the main catalyst for the move.
The 67,200–60,000 consolidation phase is coming to an end with relatively strong distribution, while price is heading toward 82,900.
Locally, after the strong rally, Bitcoin has entered a 76K–79.5K consolidation phase. Within the local bullish trend, the market could retest the 76,400–75,700 support zone.
A long squeeze around the support zone could shift the balance of power in favor of buyers, potentially triggering a move toward 82,500
Resistance levels: 79550, 82460
Support levels: 76390, 75770, 73450
A long squeeze of the support zone, followed by a return into the range and consolidation above the key level, could become a technical catalyst for further upside under the current market conditions
Best regards,
R. Linda
SPOT: Symmetrical Triangle Breakout + Bullish ConfirmationsNYSE:SPOT is shaping up to be one of the more interesting charts on my watchlist for a swing trade.
On Tuesday, SPOT broke above a five-month symmetrical triangle. That's a great start, what really gets my attention is the confluence: price, volume, RSI, and the 200-day moving average are all lining up at the same time. Those are the kinds of setups I like to watch.
The breakout came with a nice pickup in volume over the last two sessions, exactly what you want to see when price is trying to break out from a long consolidation.
I also like what the RSI is doing. It formed a triangle of its own and is now close to a breakout, giving this setup another bullish signal.
One level still stands in the way: the 200-day moving average (blue line).
SPOT hasn't traded above its 200-day moving average since November 2025. Reclaiming it would be an important shift in the long-term trend and a strong confirmation that buyers are back in control.
The whole setup actually reminds me a lot of the NASDAQ:EXPE trade idea I shared a few days ago, which has already started breaking out. Both charts have a very similar structure, and even the RSI patterns look almost identical.
EXPE chart:
Trade idea-
I'm not looking to jump in just because the triangle broke. I'd rather see the stock reclaim the 200-day moving average first
Entry: $534, a break above the second swing high of the triangle.
Stop-loss: $515. If price breaks above $534 and then falls back to $515, it would put the stock back below the 200-day MA and invalidate the setup for me.
Target 1: $616 (+15.4%) | R/R: 3.1
Target 2: $705 (+32.0%) | R/R: 6.46
Keep in mind, this is a swing trade setup, not a short-term trade. If the breakout plays out, it could take several weeks or even a few months for price to reach the targets.
SBUX - 50 SMA Base and Ascending Triangle Pattern💡 Swing setup idea
Resistance breakout / ascending triangle pattern
🔎 Analysis summary:
The price is hovering around the 50 SMA, but we can spot an ascending triangle forming and pushing close to resistance . The upside potential is projected by the depth/height of the pattern from the breakout point.
👀 Levels to watch:
Entry trigger: Break above $109.25
Target: $124.40
Stop: Under the breakout level
💬 Will the stock break through resistance this time? Let me know in the comments! 👇
Good luck!
⚠️ Note: This is for educational purposes only and is not financial advice.
HYPEUSDT - ATH Retest. Consolidation Before a Rally?BINANCE:HYPEUSDT.P is testing its ATH (all-time high), while the market is becoming increasingly euphoric. The main catalyst is the crypto summit at the White House. Another pre-election move by Trump?
The cryptocurrency market is in a state of euphoria. Bitcoin has most likely completed its bearish cycle. However, a strong rally could be followed by a correction, and a short squeeze — for example, in the 80K–83K area — could trigger a 30–40% pullback.
HYPE is outperforming the broader market and is testing its ATH, giving the coin strong potential for further upside.
After a strong rally, the altcoin is testing the resistance zone of its trading range. A prolonged consolidation would increase the chances of a breakout above 75.88 and a potential move toward 88.90
Resistance levels: 75.88
Support levels: 71.27, 69.11
I expect HYPE to hold above 76.0 without a significant pullback and continue consolidating. A breakout and close above this zone could trigger further upside toward the stated target
Best regards,
R. Linda
GOLD - The Hunt for Liquidity Ahead of the Rally ICMARKETS:XAUUSD , within a news-driven distribution phase, is testing the 4,525 D1 level and is bouncing back toward support in search of liquidity
The Dollar Index continues to decline sharply, providing support for gold. However, caution is warranted given the current fundamental and geopolitical backdrop.
Gold’s bullish bias should remain intact unless we see a sharp rise in oil prices or a hawkish shift from the Fed.
The nearest areas of interest and liquidity are 4,480 (4,472)–4,450
Drivers:
Downside: hawkish Fed signals, conflict escalation (which could support the dollar), higher oil prices.
Upside: weaker dollar, lower yields, dip-buying
Resistance levels: 4525, 4541, 4580
Support levels: 4472, 4450, 4435
Technically, before continuing higher toward 4,540–4,580, gold could form a correction toward 4,472–4,450–4,435, targeting liquidity below the current price.
A long squeeze could shift the local balance of power in favor of buyers and trigger further upside
Best regards,
R. Linda
So goes IONQ, so goes quantumIt's still a difficult trading environment due to macro factors like yields, rates, oil prices, etc. The war in Iran presents geopolitical risk which is doing a lot of the driving of those macro factors.
But opportunities still exist, and if we get a reprieve - for instance if US wins the war in Iran for the 11th time - equities may get a lift.
On the theme of quantum computing itself: IonQ makes hardware and software for quantum but is a heavyweight holding within the theme, so if IonQ makes a move then the sector should see a pickup generally. As of right now though, the theme has logged three consecutive weeks improving in my sector rotation dashboard. This tool tracks themes are performing relative to index benchmarks.
Starting with technicals : IONQ is in a triangle outlined by the blue lines in the chart. The lower line anchors to lows in March of 2025 (not pictured here). The upper line acts differently: when IONQ hit the June high this summer, it dropped around 23% in two days. Rather than anchor to that drastic drop, I anchor to the post-drop period. And what we see here is that it bounced off of support in late July and has rallied ~40%. Price is still trapped inside, and could stay there longer, but a breakout that clears this rally-high at 48 could really get this moving and put an end to the lower highs in the triangle.
We're now at a really interesting spot where all the moving averages have converged: short-term trends from 10sma and 21ema are meeting intermediate 50sma and long term 200sma. This week was the first backtest to the short-term trend lines, and price responded favorably. If price breaks out from the 50- and 200- now, then intermediate and longer term trends begin to shape up. I've seen plenty lately where price breaks these intermediate and long term lines, then pulls back to test them, and then goes. (This is also what's happening now with short-term trends). There's a lot going on in here.
On the weekly chart, the MACD histogram is approaching zero from negative, and positive momentum from price is reflected here. The MACD line crossing the signal line is not far off if price continues its upward trajectory, a bullish cross that shows short-term momentum is accelerating against recent baseline.
IONQ remains below both the daily and weekly ichimoku cloud model, and that places major resistance around 52 and then 55.30. Gives me something to track going forward if I enter.
A lot of entry options for me: Watch for price breaking out from the cloud and pulling away from the moving averages. There is also the possibility of entering here, now, and placing stop below recent low (yesterday) of 40.33. This is about $3.40 per share of risk, not great, but possible with smaller risk. Another option, possibly safest in this atmosphere, is to let the breakout prove itself by clearing that ~48 area and then try to buy close to the 10sma or 21ema when they catch up. Could justify any one of these, but I am going to just wait for now, but watch closely.
BTCUSDT Short: Rejection From 72,6K Supply Trigger a PullbackHello traders! Here’s my technical outlook based on the current BTCUSDT (3H) chart structure. BTCUSDT previously traded inside a descending channel before breaking above its upper boundary and shifting bullish. Price then formed a rising structure and rallied toward the 72,600 Supply Zone, where sellers may step in.
Currently, BTCUSDT is trading below the 72,600 Supply Zone while approaching the 70,000 Demand Zone. The rejection from the supply area could trigger a short-term correction lower.
As long as BTCUSDT remains below the 72,600 Supply Zone and shows rejection from current levels, the bearish scenario remains valid. A pullback could push price toward the 70,000 Demand Zone (TP1). However, a breakout and close above 72,600 would weaken the bearish outlook and increase the risk of further upside. Manage your risk!
ZENUSDT | Descending Triangle BreakoutZENUSDT is attempting to break above a descending triangle structure on the 1D timeframe.
The breakout is constructive, but price still needs to clear the nearby resistance before the setup gains stronger confirmation.
Current price: $4.363
Key Levels
🎯 Resistance: $4.532 (+3.87%)
🚀 Target: $5.056 (+15.88%)
⚠️ Invalidation: 1D candle close below $4.15 (-4.88%)
🛑 Stop loss: $3.79 (-13.13%)
The important level now is $4.532.
A sustained move above this resistance would strengthen the breakout and open the way toward the $5.056 target.
On the downside, a daily close below $4.15 would weaken the breakout structure, while $3.79 remains the final stop-loss level for this setup.
The setup is based on confirmation rather than simply trading the first move above the descending trendline.
#ZEN #ZENUSDT #Horizen #Crypto #TechnicalAnalysis
Technical analysis for educational purposes only, not financial advice.
TRANSRAILL: Testing Major Support — Reversal Setup or Breakdown?TRANSRAILL is currently testing a major ₹450–460 support zone.
This area has acted as support multiple times previously, making the current price action an important technical level to watch.
🔹 ₹450–460: Key support zone
🔹 ₹480–500: First resistance / recovery confirmation
🔹 ₹520–540: Stronger resistance zone
🔹 ₹600+: Major trend-reversal area
The broader trend is still bearish, with price below the long-term descending trendline and major moving averages. Therefore, I would like to see a clear reaction from ₹450–460 before considering this a reversal.
Bullish scenario: Support holds → higher low forms → recovery toward ₹500 and potentially ₹520–540.
Bearish scenario: A decisive break below ₹450 could invalidate the support setup and expose the ₹400–420 area.
Key takeaway: This is a critical support test, not a confirmed reversal yet. The reaction around ₹450–460 should determine the next move. 📊
NIFTY - Movement as per previous pattern.Hello traders, let's break down the current daily (1D) chart for NIFTY using pure price action.
I have marked the key levels directly on the chart for easy understanding. As you can see, Nifty has been consolidating within a highly structured ascending triangle pattern. We are seeing a textbook battle between buyers and sellers: resistance is holding firm at the top boundary, while bulls continue to step in at higher lows, signaling underlying strength and accumulation.
What I am watching right now:
The Pullback: Instead of front-running a breakout, I am anticipating a minor corrective move. I am expecting the market to come down towards the white dashed line and the circle marked on the chart before making a decisive move upwards.
The Confluence: This specific area around 24,125 acts as a crucial demand zone, aligning with previous market structure and the ascending support trendline.
The Breakout Attempt: If price action demonstrates strength and rejection of lower prices at this support level, it will set the stage for a high-probability breakout attempt above the upper resistance boundary.
Trade Psychology & Next Steps:
The most important edge a trader can have is patience. Do not anticipate the breakout before it happens. Wait for Nifty to retrace to the marked support zone, and observe the price action there. Look for candlestick confirmation (like a bullish pin bar or engulfing candle) before committing.
Trading this kind of setup is straightforward when you stick to the plan and remove emotions from the equation—mastering the psychology of patience means anybody can trade these setups successfully.
Let me know your thoughts in the comments! Are you waiting to buy the dip at support, or are you expecting a breakdown?
EURUSD: Rebound From 1.1550 Could Trigger Further UpsideHello everyone, here is my breakdown of the current EURUSD setup.
Market Analysis
EURUSD previously traded inside a broad range before breaking above the triangle resistance line and shifting bullish. Price then formed an ascending channel and continued higher toward the 1.1610 Resistance Zone, where sellers may defend the upside.
Currently, EURUSD is trading below the 1.1610 Resistance Zone while holding above the 1.1550 Support Zone and ascending channel support. The recent pullback suggests a possible retest of support before another move higher.
My Scenario & Strategy
As long as EURUSD remains above the 1.1550 Support Zone and respects the ascending channel, the bullish scenario remains valid. A successful rebound from support could push price toward the 1.1610 Resistance Zone (TP1).
However, a breakdown and close below 1.1550 would weaken the bullish outlook and increase the risk of further downside.
That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
Symmetrical Triangle Breakout Setup 📈 Symmetrical Triangle Breakout Setup NSE:COHANCE
After a sharp decline from the higher levels, price formed a significant bottom around the 280–300 zone and subsequently staged a strong recovery toward 480–510.
Price is now consolidating inside a symmetrical triangle, characterized by:
Lower highs forming a descending resistance trendline.
Higher lows forming an ascending support trendline.
Gradually narrowing price action, indicating compression and a potential volatility expansion.
The pattern is developing after a strong upward recovery, making an upside continuation breakout a possibility.
🔑 Key Levels
Resistance / Breakout Zone
The upper triangle trendline currently converges around 480–510, with the major horizontal resistance near 510–532.
Support:
The rising triangle support is currently around 390–410.
Current Price:
Approximately 476at the time of analysis.
🚀 Bullish Scenario
A convincing candle close above the triangle's upper trendline, preferably accompanied by increased volume, would provide confirmation of an upside breakout.
The first important hurdle is the 510–532 resistance zone. A successful break and close above this area could open the way toward higher levels.
A measured-move target can be estimated by taking the maximum height of the triangle and projecting it upward from the breakout point.
⚠️ Bearish / Invalidating Scenario
If price fails to break the upper trendline and instead breaks below the ascending support trendline*, the bullish setup would weaken.
A sustained move below approximately **390–400** would invalidate the immediate bullish triangle thesis and could lead to a deeper retracement.
📊 Volume Confirmation
Volume is an important factor for this setup. Ideally:
Triangle consolidation → declining/normalizing volume → breakout → volume expansion
An upside breakout without meaningful volume should be treated cautiously because it may represent a false breakout.
🎯 Trade Approach
Rather than entering solely because price is inside the triangle, wait for confirmation:
Bullish entry: Breakout + candle close above resistance
Confirmation: Increased volume / successful retest
Stop-loss: Below the breakout structure or below the most recent higher low
Targets: Previous resistance levels followed by the measured-move projection
📝 Conclusion
The chart is currently showing a symmetrical triangle after a strong bullish recovery. The compression between lower highs and higher lows suggests that a larger move may be approaching.
The key level to watch is the upper trendline and 510–532 resistance zone. A confirmed breakout with strong volume would strengthen the bullish case, while a breakdown below the rising support would invalidate the setup.
Wait for confirmation — don't treat the pattern itself as a guaranteed breakout.
This is a technical-analysis observation, not financial advice. Always manage risk according to your own trading plan.
Crypto God Market just signalled early start of new bull -weeklyLooking at BTC’s relative strength against US CPI (inflation), this relationship has historically provided excellent long-term signals for major market tops and bottoms. Because it is a relative-strength measure, it remains useful when comparing different Bitcoin cycles over time.
On the weekly chart, the signal is now showing a bullish bias.
The long-term channel line, shown in red, has been extended lower to highlight the potential KLOR level in green. Interestingly, that level was not reached. This could be significant, particularly as the average historical length of Bitcoin’s bear cycles suggests we could expect BTC to begin rallying around 6 October.
With that in mind, bullish entries may already be worth considering. Price briefly broke below the dotted trend line but quickly reversed. It also broke the solid red trend line before recovering. That failed breakdown could be an indication that the major low is already in.
Over the years, I have found this BTC-versus-CPI chart to provide some very clear signals for Bitcoin market timing.
There is considerably more information within the chart. Analysing the triangle formations and key support levels on the daily version provides further insight, particularly where previous price targets have been met with impressive precision.
Wishing everyone the best with their trading. After a long period of weakness, the crypto market finally appears to be setting up for another potential bull cycle.
I have used and published this chart for years now, decided to share it to help others and not just publish it in internally in the old community I used to be part of - sometimes you can take a horse to water but you cannot make it drink
BTC tends to run for 3 years up, and 1 year down, if we have ended its bear, then many cryptos should be bullish for the next 3 years, so lets switch bullish and go shopping again.
For me this is one of the most important charts you can monitor in crypto land, we may get a retest of the lower support green line if that happens it will be a stunning entry point but we are close enough now to start to build positions in the strongest cryptos again
There are countless examples of triangles breaking down and up and H&S breaking lower when you go into the daily chart and look at the detail its very interesting and support and resistance
Crypto Market to take off early this cycleOne crypto is showing notable relative strength within its long-term triangle pattern.
The BTC cycle points to the next major crypto bull phase beginning around October 2026. However, the relative strength we're already seeing makes me think this cycle could kick off earlier than the retail market expects.
So, where else should we be looking?
TRX and XLM are two obvious candidates. Both have attractive Point & Figure (PnF) upside targets and are trading close to their long-term support trend lines, giving them strong potential if the broader crypto market turns bullish.
I'm particularly interested in cryptos that are currently out of favour with the market. The ideal setup is one where:
The downside PnF target has already been met.
That target area is now acting as long-term support.
Price is showing signs of relative strength or accumulation.
There is a strong PnF upside target if sentiment turns bullish.
These overlooked cryptos could offer some of the best upside potential because much of the downside may already have played out, while the market has yet to price in a bullish recovery.
HYPEUSDT - A Pullback Before a Bull Run BINANCE:HYPEUSDT.P is forming a local bullish setup. The altcoin is outperforming the broader market, including Bitcoin, and for this reason, the coin has further upside potential
Bitcoin, meanwhile, remains neutral within a consolidation that has been developing for several months as part of the broader global bearish market.
HYPE maintains its global bullish trend, within which a 53.0–75.0 trading range is forming. The range is relatively wide, and the bounce from support opens up a medium-term trading opportunity. There is still room for further upside, and we are waiting for the bulls to step in more aggressively
Resistance levels: 60.47, 63.0
Support levels: 58.0, 57.09
The market is confirming its local bullish structure. However, after reaching a new high, a counter-trend correction is developing toward the imbalance zone.
An upside breakout followed by consolidation above 58.0 could provide the catalyst for the continuation of the uptrend toward 60–63
Best regards,
R. Linda
Fully funded pipeline in advanced stages. 30% short interest?INTRODUCTION:
- The company has three compounds in the pipeline, two of which are slated for commercial launch by 2028, with the third one soon to follow.
- The business if fully funded towards those goals as of the writing of this idea.
- The two compounds in Phase 3 studies are already showing significant promise, as reflected in the EU and US regulatory designations: Regenerative Medicine Advanced Therapy (RMAT), Orphan Drug Designation (ODD), Orphan Medicinal Product Designation (OMPD), Advance Therapy Medicinal Products (ATMP), Rare Pediatric Disease Designation (RPDD).
And yet the company is shorted 30% of its float . Roughly 100 million shares are shorted. This appears to be a recipe for disaster (for the shorts), especially since the chart appears to be notably bullish.
THE TA:
The above 3D chart illustrates the main bullish arguments in this idea.
1. The company is out of a multi-year downtrend which started with the IPO in 2015.
2. Following a massive spike in 2021, price action entered a three-year period of distribution (rotated teal rectangle).
3. The distribution period ended with a breakout of the multi-year downtrend.
4. The breakout from the multi-year downtrend precipitated a period of uptrending consolidation under the $1.75 resistance.
5. The $1.75 resistance together with higher lows that have been printing since November 2023 create an ascending triangle, a classic bullish continuation pattern.
6. Price action has exited a local corrective downtrend (light red diagonal channel) just as a double bottom and a potential new higher low have printed on the following:
- top of market structure (the horizontal support/resistance channel); three times tested now,
- the golden ratio; following a retracement from a previous local high (the 0.382 lies squarely on top of market structure),
- the bottom of a 3D Gaussian Channel
- the 200-day SMA (which happens to run exactly along the bottom of the 3D Gaussian Channel).
7. RSI and MFI are both out of local corrective downtrends (MFI with backtest).
SUPPLEMENTAL TA:
1. On the 6D chart, price action confirms support on GC mean just as the 50-day and 200-day SMAs are gearing up for a life-cross, first time ever:
2. On the 13D chart, price action prints a successful test of support on past horizontal resistance (and a potential new local higher low) just as the 13D GC flips from red to green for the first time ever:
MFI and RSI on this timeframe have both printed higher lows. Stochastic RSI is gearing up for a cross up 20 which should be a favorable event like most of the past ones, given all the other bullish signals.
SUMMARY:
This is the kind of bio I'm looking for these days (having learned to do so the hard way). Although not as overwhelmingly bullish as some ( NASDAQ:ALT for example) it's got all the important green lights on: a bullish chart, funded for at least 2 years, and a pipeline with very promising compounds in Phase 3 of trials. This should minimize the risk of downside from the typical troubles that plague startup bios: failed trials and no money.
Dashed horizontal lines in light blue denote major levels of support/resistance. If or when the $1.75 resistance is conquered, there is very little to stop the action before $7, and then $14. Should that break too, I wouldn't push my luck past $30. I'm not using a stop-loss.
***
Written by hand.
I'm not a pro.
I write these down for myself so triple-check it all if you think of jumping in after me. Or just triple-check it anyway to rub an error in my face, if I've made one. I'll own it, and hopefully learn from it.
XAUUSD: Rejected at Triangle Resistance — Sellers Target 4,320$Hello everyone, here is my breakdown of the current XAUUSD setup.
Market Analysis
XAUUSD previously traded inside a descending channel before breaking above resistance and shifting bullish. Price then rallied toward the 4,420 Resistance Zone, where a fake breakout was rejected and sellers stepped in.
Currently, XAUUSD is trading below the 4,420 Resistance Zone while holding above the 4,320 Support Zone and triangle support line. The rejection from resistance suggests that sellers may regain control, with price consolidating inside the triangle.
My Scenario & Strategy
As long as XAUUSD remains below the 4,420 Resistance Zone and respects the triangle resistance line, the bearish scenario remains valid. A rejection from current levels could push price toward the 4,320 Support Zone (TP1).
However, a breakout and close above 4,420 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.






















