Wedge
Toast Facing Rising Wedge Fear or Possible Trend ReversalIndicator "All Chart Patterns" detected a rising wedge awaiting breakdown to $19.
The chart here calls out three signposts that may indicate the validation of a price collapse, but I find this to be a pessimistic outlook for the company for several reasons:
1) There was enormous volume on June 30th thanks to Toast's inclusion in the S&P Mid Cap 400, forcing a rebalancing of institutional portfolios which should be considered a good thing as we are seeing a boost in confidence and positive sentiment in the company.
2) Toast's financials look great considering their net income has turned positive for two years running and they have very little debt compared to cash.
3) There is a strong, long-term base at $22 which has been retested several times over the last several years.
Possible support for the rising wedge breakdown include:
-1) Profit Taking. The good news of being added to Mid Cap 400 could lead to quick sell-offs to capitalize on any short-term gains.
-2) Market limit. How many customers can Toast acquire in the industry? Though, this is a long-term issue which I do not see affecting its price in the next few weeks or months.
-3) Industry volatility. Restaurants come and go, so how can Toast secure
-4) Competition from other systems. Go to 10 restaurants and you are likely to see 10 different payment systems. How can Toast assert itself in a tough market?
The only real short-term problem I see for Toast is the possibility of profit taking. Still, that would likely mean a buying opportunity and not a total collapse of confidence.
If the price starts to break down through signpost 2 I will become worried. If it hits signpost 3 then I will see it as a huge buying opportunity and not a failure of the company.
Cheers
AAVE - Trend-Following Long Opportunity?AAVE remains overall bullish, continuing to trade within a well-defined rising blue wedge. 📈
Price is now approaching a high-confluence support area formed by the intersection of the lower bound of the rising wedge and the demand zone marked in blue.
📌 As long as this confluence holds, we will be looking for trend-following long setups, anticipating the continuation of the broader bullish trend.
As always, rather than buying blindly into support, we will wait for bullish confirmation before considering any long positions.
Will buyers defend this key confluence and trigger the next bullish impulse? 🤔
⚠️ 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
GOOGL - High-Confluence Support AheadGOOGL has been in a strong long-term uptrend, consistently respecting its rising wedge structure while printing higher highs and higher lows. 📈
The stock is now retesting a high-confluence support area, where two important technical factors intersect:
• The lower bound of the rising red wedge, acting as dynamic support.
• The blue structure zone, which has previously served as a strong support and resistance area.
📌 As long as this intersection continues to hold, we will be looking for trend-following long setups, anticipating the continuation of the primary bullish trend.
As always, rather than buying immediately, we will wait for bullish confirmation before considering any long positions.
Will this confluence trigger the next bullish impulse? 🤔
⚠️ 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
GOLD Technical Analysis
Each candle represents 30 minutes of price movement
Current Price: 4,053.62
. The Pattern: Descending Triangle
The shaded orange area highlights a market consolidation:
The Top Line: Sloping downwards, showing sellers are pushing the highs lower.
The Bottom Line: A flat, horizontal support floor around 4,046 where buyers keep stepping in.
. The Strategy (The Setup)
The green arrow illustrates a bullish trade idea:
The Breakout: Anticipating price to break above the descending orange trendline.
The Move:A rapid, sharp move upward once the breakout occurs.
The Target: The green arrow points to an upside target around 4,105.
⚠️ Note: For this trade to validate, price needs to cleanly break out of the top orange line. If it breaks below the bottom floor instead, the setup is canceled.
BTCUSD: Falling Wedge + Bearish OB at 62,600-62,700 – Liquidity Market Outlook:
Bitcoin is currently in a bearish trend, forming a Falling Wedge pattern.
The structure suggests one final move higher to grab Buy Side Liquidity above the wedge before continuing lower.
Key Selling Zone:
62,600 – 62,700 (Bearish Order Block)
Reasons: Overall bearish market structure intact
Falling Wedge pattern (often leads to continuation after liquidity sweep)
Strong Bearish OB acting as major supply area
High probability of rejection after grabbing liquidity above the wedge
Expected Scenario:
Price likely sweeps liquidity above the wedge → then reverses down from the 62,600-62,700 zone for the next leg lower.
Bias: Bearish (after liquidity grab)
This is not financial advice. Always manage your risk properly.
DXYZ: Accumulation Breakout Toward $100?The Vision
After a massive retracement from its 2024 highs, DXYZ has spent nearly a year carving out a base.
We are currently seeing a tightening range—a "volatility contraction"—just below the key $30.00 psychological level.
If the price can clear the immediate resistance at $33.98, it confirms a structural shift from sideways accumulation to a fresh bullish trend.
Technical Targets & Levels
The chart utilises logarithmic projections for long-term targets, suggesting a massive asymmetrical reward-to-risk ratio.
Entry Trigger: Daily/Weekly close above $33.98 (Pattern Breakout).
Target 1 (Log T1): $39.25
Target 2 (Log T2): $51.67
Target 3 (Log T3): $103.14 (Previous High Resistance)
Stop Loss: A sustained close below $25.99.
Market Sentiment
As an investment in private-market tech giants, DXYZ often moves on sentiment regarding the broader "Pre-IPO" and venture capital space.
This technical setup suggests the "selling exhaustion" phase is over.
Risk Management Note: This is a high-volatility asset. If the breakout fails to hold $30 on a retest, the pattern may require more time to mature.
Always size positions according to your personal risk tolerance.
What do you think?
Are you playing this for the short-term swing to $4-$50 or are you planning to hold for the full "Log T3" moonshot?
#HVF
@TheCryptoSniper
GBPCHF: Bullish Trend Continuation 🇬🇧🇨🇭
GBPCHF broke and closed above a resistance line of a bullish
flag pattern on a 4H time frame.
It matches perfectly with a valid change of character.
I expect that the price will continue rising and reach 1.0721 level soon.
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CADJPY | H1 | Rising Wedge + Supply RejectionBearish Confluence
✅ Price tapped H1 supply.
✅ Rising wedge breakdown.
✅ Liquidity taken above recent highs.
✅ Waiting for mitigation into imbalance.
✅ Targeting the previous weekly low.
Entry: Sell on retracement into the marked zone.
Invalidation: A clean close above the supply zone.
Target: Weekly low (1W).
MarketBreakdown | USDCAD, BITCOIN, GBPJPY, GBPCHF
Here are the updates & outlook for multiple instruments in my watch list.
1️⃣ #USDCAD daily time frame 🇺🇸🇨🇦
The market is trading in a strong bullish trend.
The price respects the boundaries of an expanding wedge pattern.
We see a retracement after a test of its resistance.
I will look to buy after a test of its support.
2️⃣ #BITCOIN #BTCUSD daily time frame
59000 level hold, and the market was unable to break through.
The price respects 58000 - 59000 demand cluster.
Its bearish breakout and a daily candle close below that
will confirm a downtrend continuation.
Alternatively, a breakout of 61000 level and a daily candle close above
that will provide a strong bullish signal.
3️⃣ #GBPJPY daily time frame 🇬🇧🇯🇵
As I predicted earlier, the pair continues rising after a test of a strong
rising trend line.
With the absence of high-impact fundamentals today, the market will likely continue growing.
4️⃣ #GBPCHF daily time frame 🇬🇧🇨🇭
We see a strong uptrend within a rising wedge pattern.
We can expect another wave up after a test of its support line.
Do you agree with my market breakdown?
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Turning Conflicting Signals into Structured DecisionsOne of the biggest misconceptions in trading is the belief that every good opportunity should look obvious. Many traders wait for every indicator, every chart pattern, and every momentum signal to point in the same direction before considering a position. While this sounds logical, markets rarely offer such perfect alignment.
Instead, they often present conflicting information. A chart may display a bullish pattern while momentum remains weak. A trend may appear constructive while resistance sits immediately overhead. Oscillators may begin improving before price confirms the move.
At first glance, conflicting signals appear to complicate decision-making. In reality, they can offer one of the most valuable lessons in trading: uncertainty is unavoidable, but risk can still be structured.
This idea can be illustrated using Ether futures as a practical case study.
Every Decision Has Pros and Cons
Trading is not unique in requiring decisions under uncertainty.
Buying a home involves weighing location against cost. Accepting a new job means balancing opportunity against risk. Starting a business requires optimism while acknowledging uncertainty.
Every meaningful decision contains arguments for and against it.
Financial markets are no different.
Waiting until every piece of evidence agrees often means waiting for a move that has already developed. On the other hand, acting on a single indicator while ignoring conflicting information can expose traders to unnecessary risk.
Rather than searching for certainty, experienced traders often focus on building a structured process for evaluating competing evidence.
The objective is not to eliminate uncertainty.
The objective is to make disciplined decisions despite uncertainty.
A Chart That Tells Two Stories
The accompanying daily chart of Ether futures provides an interesting example.
At first glance, several bullish characteristics are visible.
Price has developed a falling wedge, a classical chart pattern frequently associated with the possibility of an upside resolution after a period of declining prices. As the wedge narrows, selling pressure appears to become less aggressive, allowing buyers an opportunity to regain control.
The Commodity Channel Index (CCI) adds another constructive observation.
Although price recently produced lower lows, the CCI formed a bullish divergence, suggesting downside momentum may be weakening. Divergences do not guarantee reversals, but they often encourage traders to monitor price action more closely.
If those were the only observations available, many traders might conclude that the market presents a constructive technical picture.
However, the chart also contains meaningful bearish evidence.
Immediately above price lies a bearish UFO resistance (Sell UnFilled Orders) between approximately 1,959.0 and 2,140.5. This area represents a zone where previously unexecuted sell orders may still be waiting, potentially increasing selling pressure should price revisit the region.
Momentum also introduces caution.
The MACD histogram remains below the zero line, indicating bearish momentum has not fully reversed despite recent price improvement.
The result is a chart where neither buyers nor sellers possess overwhelming technical evidence.
Bullish signals exist.
Bearish signals exist.
Neither side completely dominates the discussion.
For many traders, this is exactly where uncertainty begins.
Replacing Opinions with a Decision Matrix
Instead of asking a simple question—
"Is this chart bullish or bearish?"
—it may be more useful to ask a different one:
"What evidence supports each side?"
Viewed this way, the chart becomes less emotional and more objective.
Bullish observations
Falling wedge pattern.
CCI bullish divergence.
Early signs that selling pressure may be slowing.
Bearish observations
Bearish UFO resistance directly overhead.
MACD histogram remains negative.
Overhead supply may limit upside progress.
Notice that none of these observations automatically invalidates the others.
All of them can be true simultaneously.
Markets frequently contain conflicting information because buyers and sellers are continuously expressing different opinions.
The purpose of technical analysis is not to identify certainty.
It is to organize evidence into a structured decision-making process.
The Hidden Opportunity Inside Conflicting Signals
Many traders stop their analysis once they recognize conflicting signals.
They conclude that uncertainty means no opportunity exists.
Yet conflicting evidence often creates another characteristic that deserves attention.
When opposing technical arguments meet within a relatively narrow price range, the market frequently resolves the disagreement sooner rather than later.
In other words, the market may reveal relatively quickly which side has gained control.
This can create an important advantage from a risk management perspective.
Suppose a trader believes the bullish interpretation deserves greater weight.
If the bullish thesis is correct, price should continue respecting the falling wedge while attempting to challenge the overhead resistance.
If the bullish thesis is incorrect, the market may invalidate the pattern relatively quickly by breaking decisively below the wedge.
The chart therefore provides a clearly identifiable point where the original hypothesis would no longer be supported.
Rather than focusing exclusively on whether the market eventually moves higher, the trader can focus on whether the original idea remains valid.
This distinction is important.
Successful trading is often less about predicting direction and more about defining when a trading idea is no longer supported by evidence.
A Hypothetical Case Study
Consider a purely illustrative example.
A trader observes the falling wedge beginning to resolve to the upside while recognizing that meaningful resistance remains overhead.
Rather than assuming the bullish pattern must succeed, the trader constructs a hypothesis.
The hypothesis could be summarized as follows:
The falling wedge suggests buyers may be regaining control.
The bullish CCI divergence supports the possibility of improving momentum.
Overhead UFO resistance represents the first significant obstacle.
The bearish MACD histogram reminds traders that downside momentum has not fully disappeared.
Under this framework, a hypothetical long position might only be considered after sufficient confirmation that buyers are attempting to regain control.
Equally important, the trader defines an invalidation level before entering the position.
On this chart, a decisive move below approximately 1,504 would represent a meaningful breakdown beneath the falling wedge, suggesting the bullish technical structure has failed.
If that occurs, the original thesis would no longer be supported.
Notice that this approach is not built around certainty.
It is built around predefined risk.
Should the bullish interpretation prove incorrect, the trader knows relatively quickly that the hypothesis requires reassessment.
Conversely, if buyers continue gaining control, price may begin challenging the identified resistance area.
Whether the market ultimately succeeds or fails is less important than the process itself.
The lesson is that structured decisions begin with clearly defining both the opportunity and the conditions under which that opportunity no longer exists.
Ether Futures and Micro Ether Futures
This case study uses CME Ether futures and Micro Ether futures to illustrate the concepts discussed above.
The standard Ether futures contract (ticker: ETH) represents 50 ether, providing exposure suitable for larger notional positions. The Micro Ether futures contract (ticker: MET) represents 0.1 ether, allowing traders to adjust exposure in much smaller increments while following the same underlying market. Both contracts are cash settled using the CME CF Ether-Dollar Reference Rate.
From a contract specification perspective:
ETH (Ether Futures): The minimum price fluctuation for ETH is 0.50 index points, equivalent to $25.00 per contract.
MET (Micro Ether Futures): The minimum price fluctuation for MET is 0.50 index points, equivalent to $0.05 per contract.
Because cryptocurrency markets can experience elevated volatility, margin requirements may change over time.
At the time of writing, traders should expect approximately:
ETH Margin: approximately $25,000 per contract.
MET Margin: approximately $50 per contract.
These figures are exchange requirements and remain subject to periodic adjustment as market conditions evolve. Traders should always verify current requirements with their broker before initiating any position.
The availability of both standard and micro-sized contracts gives market participants flexibility to align position size with their individual risk management framework.
Risk Management Comes Before Direction
Perhaps the most valuable lesson from this chart has little to do with Ether itself.
It concerns risk management.
Charts containing conflicting signals remind traders that no indicator deserves absolute trust.
Instead of searching for perfect agreement, traders may benefit from asking three simple questions:
What evidence supports the trade?
What evidence argues against it?
At what price would my original idea no longer be valid?
Answering those questions before entering a position encourages discipline rather than emotion.
Equally important, a relatively small predefined risk does not imply a trade is "safe."
Unexpected news, volatility, and execution differences can always influence outcomes.
Position sizing should therefore remain consistent with an individual's overall trading plan, regardless of how attractive a particular technical setup may appear.
Being proven wrong quickly is not a failure.
Failing to recognize when the original hypothesis has been invalidated is often the greater risk.
Final Thoughts
Conflicting technical signals are often viewed as obstacles.
In practice, they can become valuable teachers.
They encourage traders to organize evidence objectively rather than searching for certainty where none exists.
The falling wedge, bullish CCI divergence, bearish UFO resistance, and bearish MACD histogram each contribute meaningful information.
None should be ignored.
Rather than asking which indicator is "correct," traders may find greater value in asking how all available evidence fits together within a structured decision-making process.
Markets will always contain uncertainty.
Good risk management does not eliminate that uncertainty.
It simply provides a disciplined framework for navigating it.
Data Consideration
When charting futures, the data provided could be delayed. Traders working with the ticker symbols discussed in this idea may prefer to use CME Group real-time data plan on TradingView: www.tradingview.com - This consideration is particularly important for shorter-term traders, whereas it may be less critical for those focused on longer-term trading strategies.
General Disclaimer
The trade ideas presented herein are solely for illustrative purposes forming a part of a case study intended to demonstrate key principles in risk management within the context of the specific market scenarios discussed. These ideas are not to be interpreted as investment recommendations or financial advice. They do not endorse or promote any specific trading strategies, financial products, or services. The information provided is based on data believed to be reliable; however, its accuracy or completeness cannot be guaranteed. Trading in financial markets involves risks, including the potential loss of principal. Each individual should conduct their own research and consult with professional financial advisors before making any investment decisions. The author or publisher of this content bears no responsibility for any actions taken based on the information provided or for any resultant financial or other losses.
$SOLUSDT Falling WedgeSOLUSDT Perpetual Contract on the 1D timeframe is trading around the 71 USDT zone after developing a large Falling Wedge pattern visible on the chart.
The structure shows a prolonged series of lower highs and lower lows contained within converging trendlines. This type of pattern is commonly monitored for a potential bullish reversal if price breaks above the upper resistance trendline with confirmation.
Key support is located around 60 USDT, where the lower boundary of the wedge has provided multiple reactions. Immediate resistance is the descending trendline near the 80–90 USDT region, followed by the broader upper wedge resistance.
A bullish breakout could be considered only if price closes convincingly above the upper trendline. Until then, the pattern remains under observation and confirmation is still required.
The chart projects a measured target near 250.41 USDT, representing an approximate 250% move from the current price area if the breakout is confirmed and the measured move develops as illustrated.
If price fails to hold the 60 USDT support and breaks below the lower wedge boundary, the bullish pattern may become invalid, increasing the risk of additional downside. Watch for confirmation before interpreting the projected target.
LLY- Breakout Above Persistent Resistance Opens Strong UpsideNYSE:LLY shares jumped over 7% on Friday on strong volume after positive regulatory and policy developments. The European Medicines Agency’s Committee for Medicinal Products for Human Use backed its cancer drug Jaypirca, while the company’s popular weight-loss treatments are also expected to be included in a new Medicare program, boosting investor sentiment.
With this move, the stock broke above the rising trendline of a rising wedge pattern that had acted as strong resistance four times since July 2024, consistently rejecting price on each test.
A bullish breakout above the upper trendline of a rising wedge can trigger a strong move higher because it goes against the pattern’s usual bearish bias, where rising wedges often end in a breakdown. When price breaks out, short sellers can get trapped and forced to cover, while new breakout buyers step in at the same time, creating a surge in demand. If the breakout happens with strong volume (as it did), it confirms real buying pressure and can lead to fast upside acceleration, sometimes even turning into a parabolic move
Price targets in a rising wedge are based on the pattern’s height projected from the breakout point. Target 1 uses the smaller height between the second top and second bottom (blue trendline), while Target 2 uses the full height from the first top to the first bottom (purple trendline). Target 1 reflects the initial move after breakout, while Target 2 represents the full measured move that usually takes longer to complete.
Trade Idea-
Ideally, I’m looking for a retest of the rising trendline around $1180, followed by a bounce as confirmation of support holding.
Entry: ~$1180
Stop-loss: $1120 (invalidation below trendline)
Target 1: $1578.79 (~+34%, R/R 6.7)
Target 2: $1836.68 (~+55.6%, R/R 10.94)
Clean risk/reward with strong upside if momentum continues.
NVDA Testing Major Support- Bounce or Rising Wedge BreakdownNVDA is approaching a significant technical decision area, currently about to test a trendline that has held strong support multiple times since October 2023.
The broader structure is a rising wedge, a pattern that tends to resolve with a bearish breakdown.
Adding more significance to this area, the 200-day moving average is sitting almost exactly at the bottom of the trendline around $190.64, creating another strong technical support zone.
Bullish scenario:
If NVDA manages to hold the trendline and the 200 MA, this could trigger a bounce from the support area. The upside target would be a move back toward the upper trendline, the “ceiling” of the wedge structure.
Bearish scenario:
A confirmed breakdown below the trendline and 200 MA would invalidate this support zone. The breakdown does not necessarily have to happen immediately, price could consolidate around this area first. If support fails, the next major support level sits around $170.
This is a key area where buyers need to defend support, otherwise the rising wedge setup could start playing out.
TTD Counter-trend Rally?I've been watching The Trade Desk for many moons now, looking for a sign of life. I’m finally starting to see a few things that could support a long setup.
Bullish Signals
(1) Breakout of falling wedge with volume (2 indicators) - spike on the breakout candle, 437K on the hourly, the fat green daily bar
(2) RSI Divergence (1 indicator) - multiple points of divergence on the daily chart
(3) Rising 3 Methods (1 weak indicator) - Continuation Pattern. It’s a weaker signal though, since it formed late in the day with no follow-through yet.
Why this is a terrible idea
(1) Going against a brutal downtrend
(2) Overhead supply is heavy and close/falling knife - Rallies get sold into
Catalysts are mixed - Corporate rotation is a revolving door (bad), Publicis dispute resolved (good), decelerating revenue (bad), major insider buys (good)
If I were to take this trade and get advice from Claude:
TP1 ~$19 — clears the immediate red supply zone. This is the make-or-break level; if it can't take $19 the breakout is suspect. Lock partials here.
TP2 ~$20.5–21 — next supply shelf + round number. This is where a normal counter-trend bounce typically exhausts.
TP3 ~$22–24 — top of the visible supply band and the May consolidation shelf. Reaching here would start to look like an actual trend change.
Stretch ~$25–26 — analyst fair-value zone; realistically needs Aug earnings to cooperate.
Stop loss: daily close below $17.20.
Bottom Line
Trade is too early. Would like to see higher high first before entering. Not a confirmed bottom. Probably better to wait until August earnings. But if I was a gambling man...
ASAN | Bullish Wedge Ready to Explode | LONGMost of the market looks at Asana (ASAN) and sees a broken chart.
Down massively from its peak and grinding in the high $6 range, the retail crowd has largely given up.
But for technical traders, this is exactly where the best risk-to-reward setups hide. ASAN isn't just randomly drifting lower; it is actively carving out a textbook bullish descending wedge, and the coil is getting incredibly tight.
What is a Descending Wedge?
A descending wedge (also called a falling wedge) is a powerful reversal pattern. It forms when a stock is trapped in a downtrend, but the selling pressure is quietly losing its strength.
Here is how the pattern is currently playing out on the ASAN chart:
Lower Highs: The stock keeps getting rejected at lower prices, forcing the top trendline to point sharply downward.
Lower Lows:
The price continues to drop, forming a bottom trendline.
The Squeeze: This is the key. The bottom trendline is flatter than the top one. Sellers are struggling to push the price significantly lower. The two lines are pinching together, trapping the price in a shrinking box.
Eventually, the price runs out of room to compress. Because the sellers are exhausted, the stock typically breaks out of the top trendline, sparking a sharp rally.
Why ASAN is Ready for Higher Highs
The wedge itself is just a shape. To know it's ready to explode, we have to look under the hood at the momentum and volume.
1. Volume is Drying UpAs ASAN gets squeezed into the very tip of this wedge, the trading volume is fading away. This is exactly what you want to see. It means the "weak hands" have already sold everything they have.
Because there are so few sellers left, it will only take a small burst of buyer demand to push the price through the roof of the wedge.
2. Blinding Bullish Divergence
While the price has been slowly bleeding out into the $6 range, momentum indicators (like the Stochastic RSI) have actually been rising. The price is making lower lows, but the momentum is making higher lows. This divergence is the ultimate warning sign that a trend reversal is imminent.
3. Fundamentals Are Catching UpTechnical breakouts need real-world fuel. While the stock chart has been ugly, Asana's actual business is hitting an inflection point. The company recently posted massive improvements in operating margins and positive free cash flow. Their biggest enterprise clients—those spending over $100,000 a year, are sticking around because Asana is a tool companies use to consolidate their budgets and replace smaller, single-function apps.
The Trade Setup
ASAN is sitting right at the apex of this descending wedge. We are looking for a clean, high-volume break above the upper trendline, which currently sits near the $7.20 to $7.40 zone.
Once that upper ceiling shatters, the algorithm and short-seller buybacks trigger. The technical vacuum above that level leaves the door wide open for a rapid climb back toward the $9.50 to $10.00 range.
The crowd waits to buy until the stock is already making headlines. The smart money buys the wedge.
Go Pro: Ready, get set, GO!NASDAQ:GPRO
> Hot name in distress with 15% SI and 3.5 days to cover. IMHO this one is about to fly hard. All it needs is a little nudge over $0.85 to ignite the rockets.
> A perfect entry is right here where she pulled to, it is a little early TBH but the setup is clear with RSI, price, and retracement just where it needs to be.
> As is the case with early anticipatory setups you will need a plan to manage your risk. Have a SL below the demand zone and position size with caution, at least for the first batch of your position given that there's about %8 gap down to the most recent swing low.
> There are a lost of speculative talks on social media about a possible B.O. and low balling price anchoring, nothing to back any of it up so i'd take that with a big pinch of salt. In terms of price target's there's room for it to pass $2 in the short run, and if the rally sustains itself then sky is the limit here.
> Trade responsibly and GL!
> Authors Notes
My approach to technical analysis is built on Fibonacci retracements, pivot zones, price action, smart money concepts, and classic chart patterns. I also use supporting tools and indicators—such as oscillators and moving averages—to refine my view. The chart itself reflects a simplified version of my process, as I prefer to keep visuals clean while incorporating additional analysis behind the scenes.
GOLD (XAUUSD): 4000 Level Holds
As I explained on a live stream this week, 4000 psychological level holds strongly.
We see multiple bullish clues on a 4H time frame after its test.
The price violated a resistance line of a falling wedge pattern
and we also have a valid CHoCH.
I expect a bullish continuation to 4088.
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$BTC: Massive Falling Wedge Retest | Is a 100K+ Rally Loading?Bitcoin is currently retesting the lower boundary of a long-term Falling Wedge, a pattern that has historically been associated with bullish reversals after extended downtrends.
Chart Observations
• Price is trading near the wedge's major support around $58K–60K.
• The descending resistance line continues to cap bullish momentum.
• Multiple touches on both trendlines strengthen the validity of the pattern.
• A successful defense of support could mark the beginning of a significant trend reversal.
Bullish Scenario
A confirmed breakout above the wedge resistance could open the door to:
🎯 Target 1: ~$108,000
🎯 Target 2: ~$126,000
These targets are derived from the projected move of the falling wedge pattern.
Bearish Scenario
If Bitcoin fails to hold the current support zone, the bullish structure would weaken, and additional downside could follow before any meaningful recovery.
Trading Plan
✔ Wait for a confirmed breakout with strong volume.
✔ Avoid anticipating the breakout before confirmation.
✔ Manage risk with proper position sizing and stop-loss placement.
The current support zone is one of the most important levels on the chart. Whether BTC holds or breaks this area will likely determine the next major move.
$GOLD Back to $4k!! Death Cross Next to $3,600TVC:GOLD BACK TO $4k ‼️
Exactly what I predicted 1-month ago 🤓
There doesn’t appear to be much interest at this level as we’ve failed to see a volume breakout.
Note there is slight bullish divergence, but it’s not meaningful without a strong reaction from PA.
First step will be to reclaim the 9EMA.
There is a bullish wedge pattern that allows for further downside to $3,900 which lines up with prior support.
The 50/200 DMA Death Cross should occur within the next week which will be fueled by one final leg down.
My bias is leaning towards further downside to retest support at the 50% Gann level ~$3,600
I personally have my bids in here.
🔖 Bookmark this to see how I did with this f/u call






















