Ascending Channel

GOLD - The Hunt for Liquidity Ahead of a Rally ICMARKETS:XAUUSD is testing the 4,313 support level as part of a correction. Against the backdrop of a stagnant Dollar Index, the market still has room for further upside The Dollar Index remains stagnant, but an unstable fundamental and geopolitical backdrop is putting pressure on the dollar and providing support for gold. Price is correcting after the recent rally, but the fundamental backdrop — including easing rate expectations and geopolitical risks — remains favorable. Buyers are exp

DXY: Twenty-Year Channel Still Intact at 99.64 This channel goes back to 2008. Every major low since then, 2011, 2014, 2018, 2021, has respected the lower boundary, and every major high, 2017, 2022, 2025, has respected the upper one. Twenty years of the same structure containing price is a rare thing to find on any chart, let alone the world's reserve currency index. The 2025 high near 114 tagged the upper channel boundary directly before rolling over into the current decline. That's not a coincidence at this point, it's the fourth time in

by TheChartWhisperr

GOLD - The news could trigger a long squeeze ICMARKETS:XAUUSD is consolidating within the 4355–4435 range, while the U.S. dollar remains largely stagnant ahead of the upcoming CPI data. Until the release, the market may remain trapped inside the current range while preparing for a potential liquidity manipulation The U.S. Dollar Index is also consolidating as traders wait for the CPI report. Gold has stalled ahead of this key inflation data, and the initial reaction to CPI could be short-lived as geopolitical risks remain elevated. A

GOLD - Local bullish sentiment. NFP coming up Following a strong rally, ICMARKETS:XAUUSD has entered a consolidation phase, signaling the potential for further upside if buyers can successfully defend the 4300 level. The U.S. Dollar Index has broken its bullish structure, although the broader fundamental backdrop remains mixed. Geopolitical uncertainty persists, while the Federal Reserve continues to maintain a hawkish stance. After the recent advance, gold is consolidating and building a liquidity pool around the 4242–4229 zone, wh

MSFT rising channel Rising channels are on the rise huh? Well if we break down out of it, then we are bearish. MSFT rallied hard after earnings. So we may be up for a bit. There can be plays in either direction, but right now it's looking up. Look up rising channel if patterns are your thing. 20/50/100/200 ema Will be watching Week & Daily candles to see if I can get in on this good good. @RealMacro has interesting insight on potential cracks LT.

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ETHUSDT - Ready for Continued Growth BINANCE:ETHUSDT is consolidating above 1898 following a distribution phase. From a technical perspective, the daily structure remains constructive, with ETH showing relative strength compared to Bitcoin, which increases the probability of further upside Bitcoin is gradually recovering and approaching the key 65,150 trigger level. A breakout above this zone could provide additional support for the broader crypto market. Against this backdrop, Ethereum has broken out of its local bearish cor

NZDUSD - Ready for growth within the trend Following a strong rally, FX:NZDUSD is now retesting the former resistance of its trading range, which has turned into support. This creates an opportunity for the bullish trend to continue. The U.S. Dollar Index has broken its recent market structure, and continued dollar weakness could provide additional support for the pair From a technical perspective, NZDUSD is performing a classic support retest within its countertrend recovery, while buyers are actively defending the 0.5863 level.

EURJPY - Long squeeze on support amid a bullish trend FX:EURJPY has fallen sharply following the Bank of Japan's intervention, triggering a long squeeze below key support. A recovery back into the trading range could provide the foundation for a bullish rebound The market is currently stabilizing after the sharp decline, with price testing what was previously the daily range support, now acting as resistance. A move back above the 180.80 level, followed by sustained consolidation, would confirm the recent breakdown as a false breakout and could t

HIMS: Bullish after Correction HIMS has already shown a bullish reversal after a bottom of $14 Series of HH and HL are evident Price is moving in an Ascending Parallel channel. However, breakdown of Ascending channel will activate bearish Flag pattern. Entry now with tight SL (Low Risk High Reward Setup) Trail your SL while taking the ride.

AUDCAD - Pullback Nears a Key Buy Zone!AUDCAD remains bullish from a broader perspective and continues to trade within its corrective range. After rejecting the previous high and the red resistance zone, price is now moving toward the blue support area. As the current pullback unfolds, the blue support zone comes back into focus and may provide another opportunity for buyers to defend the broader bullish structure. ⭕As price approaches the blue support area, we can start looking for buy setups on lower timeframes, anticipating a c

AUD H3: Buyers Are Strong at Channel AUDUSD has returned to the lower boundary of its ascending channel, where the next directional move is likely to begin. The broader structure remains constructive: price has continued to form higher lows since late June, and the current decline is reaching the same demand zone that previously triggered strong bullish reactions. The key area is 0.6950–0.6975. This zone overlaps with the rising channel support and the latest structural base, while momentum is already approaching an exhausted con

by Allison_LutherX

CADJPY Long Opportunity in Bullish Continuation Dow theory at play Series of HHs and HLs Ascending channel continuation pattern also No bearish RSI divergence CMP has retested 0.5 fib level to form HL CMP also tested lower boundary of channel Entry at CMP SL at last HL TP at RR1

NZDJPY - Long squeeze before a rally. Bullish trend FX:NZDJPY is consolidating following a distribution phase, while the broader trend remains bullish. The continued weakness of the Japanese yen is providing medium-term support for the pair The Japanese yen remains under pressure, which continues to favor the New Zealand dollar. From a technical perspective, NZDJPY is maintaining its bullish structure while consolidating within the 94.59–95.35 range. A false breakout below support could shift the short-term imbalance back in favor of buyers

ETHUSDT - The Battle for a Key Support Zone BINANCE:ETHUSDT.P is showing local bullish momentum and appears stronger than Bitcoin in the current market environment. Price action is focused on the 1800–1850 zone, where buyers and sellers are competing for control Bitcoin remains in consolidation between 61,000 and 65,000, while the broader market trend is still bearish. The lack of both fundamental and technical support continues to weigh on the crypto market as a whole. From a technical perspective, Ethereum has broken above resista

Bitcoin Battles $65K Resistance — Is Another Correction Next?Over the past few hours, Bitcoin ( BINANCE:BTCUSDT ) has experienced highly volatile price action, with strong momentum in both bullish and bearish moves. One of the main reasons could be the reopening of the financial markets, along with the latest news surrounding geopolitical tensions in the Middle East and recent statements from political leaders. Bitcoin is once again trading near the 50_EMA (Daily), the upper trendline of the Descending Channel, the Cumulative Short Liquidation Leverage(

AUDNZD - Bullish Momentum Faces a Critical Test!AUDNZD remains bullish from a broader perspective, but recent price action suggests that bullish momentum is beginning to weaken after the break below the red ascending channel. Following the rejection from the red supply area, price moved lower and is now testing the lower boundary of the blue channel, where it aligns with an important support area. This creates a technical zone that may attract buyers and is worth monitoring closely. ⭕As long as this support continues to hold, we can start

NZDJPY - Recovery Meets an Intermediate Supply Zone!NZDJPY continues to respect its long-term bullish structure, with the blue ascending channel guiding price action for an extended period. The recent rebound from the lower channel support has kept buyers in control, allowing price to push higher toward the next technical obstacle. ⭕Before reaching the upper boundary of the channel, price is now testing a smaller supply zone where sellers may attempt to slow the current advance. If rejection develops, lower timeframes could provide opportuniti

U.S. Dollar / Japanese Yen ($USDJPY) Daily: Classical Elliott U.S. Dollar / Japanese Yen ( FX:USDJPY ) Daily: Classical Elliott Wave Matrix – Mapping Wave (4) Correction Toward 158.000 Channel Floor ### 🇺🇸🇯🇵 U.S. Dollar / Japanese Yen ( FX:USDJPY ) Daily Macro Technical Study (Ref: USDJPY_2026-07-09_08-44-48.png) We are deploying a comprehensive structural and behavioral forecast for the USDJPY currency pair on the Daily (1D) interval. The asset continues to trend within a pristine, high-timeframe ascending channel framework, adhering strictly to classic

by ChartPro_Data

HYPEUSDT - Consolidation Before Further Growth BINANCE:HYPEUSDT.P is consolidating within both its local and global bullish trends. Technically, this phase appears to be a period of accumulation before a potential continuation of the uptrend Bitcoin is currently caught between three major forces: the Fed's softer rhetoric, a reversal in ETF flows, and renewed geopolitical tensions in the Middle East. While Bitcoin remains in a countertrend correction within its broader bearish trend, HYPE continues to show relative strength. The market

GOLD - A pullback before a potential rise to 4220 Following the breakout above the 4100 consolidation range and the recent rally, ICMARKETS:XAUUSD has entered a corrective phase. The geopolitical and fundamental backdrop remains unstable Gold staged a strong recovery after weaker-than-expected U.S. employment data shifted Fed expectations from hawkish to more neutral. The probability of a September rate hike has fallen from 66% to around 53–55%, while the U.S. dollar has stalled and Treasury yields have declined, creating favorable condit

USD/JPY : Ascending Wedge Breakout & Support retest Technical Breakdown & Observations 1. Historical Price Action & Range Range Bound Phase: Between March and May, the price consolidated within a horizontal box structure labeled "Range bound" roughly between the 157.000 and 160.500 levels. Resistance Zone: A prominent pink horizontal banner marks a historical resistance area labeled "STF RBS" (Resistance Become Support). 2. Chart Patterns & Breakout Ascending Channel/Wedge: Following the range-bound phase, the price formed an aggressive upward

by Expert_Travis

EURJPY - A Breakthrough of Resistance to Continue the Uptrend FX:EURJPY is testing the 184.84 support level after breaking above a key resistance. The broader trend remains bullish, providing overall support for further upside EURJPY is currently influenced by three major factors: a widening interest rate differential in favor of the euro, persistent bearish positioning on the Japanese yen as large speculators continue to increase short exposure, and growing risks of a Japanese currency intervention amid the yen's weakest levels in decades. Despite t

GBPCAD - Resistance Zone Under Pressure !GBPCAD remains overall bullish, continuing to respect the red ascending channel that has been guiding the broader trend. After rejecting the lower boundary of the channel and the support area, price managed to recover and is now approaching a strong resistance zone that has generated multiple rejections recently, making this an interesting area to monitor. From here, we can start looking for sell setups on lower timeframes, especially if price shows signs of rejection from the current resista

Micron Just Smashed Earnings — So Why Is the Chart Hesitating?Micron just posted one of the biggest earnings beats in its history and gapped higher into a level it's been respecting for weeks. In this video we step back from the headline and let the chart talk: the rising channel that's framed the entire move off the spring low, where price is sitting right now relative to channel resistance, and the two anchored VWAPs that could decide what happens if this stalls. Record revenue, record margins, and a stock pressed against structure — the fundamentals are

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by Alchemy Markets