Triangle
GBPJPY Breakdown: Is a Deeper Correction Beginning?GBPJPY ( OANDA:GBPJPY ) started to decline after reacting to the upper boundary of the Ascending Channel and the resistance zone(221.35 JPY-219.32 JPY).
After breaking below the support lines, the pair formed a Symmetrical Triangle, and its lower trendline has now been broken.
Can GBPJPY recover, or is the pair entering a deeper corrective phase?
Technical Analysis
From an Elliott Wave perspective, GBPJPY appears to have completed its main Five-Wave Impulsive Structure above the Ascending Channel, suggesting that a corrective phase may now be underway.
The breakdown of the Symmetrical Triangle further supports the bearish scenario.
๐ก Educational Note: A Symmetrical Triangle breakout can signal the next directional move, but confirmation is stronger when the breakout aligns with the broader market structure.
Based on these signals, I expect GBPJPY to continue its bearish move and decline at least toward 216.98 JPY.
Trade Setup:
Take Profit(TP): 216.98 JPY
Stop Loss(SL): 218.800 JPY
Whatโs your view on GBPJPY? Do you think the pair can resume its bullish trend, or should we expect a deeper correction and further downside?
๐ British Pound/ Japanese Yen Analyze(GBPAUD), 4-hour time frame.
๐ Always use proper risk management and set a Stop Loss(SL) for every position.
๐ If this analysis helps your trading plan, a BOOST would help more traders discover it.
SOLUSDT - Manipulation by MM could trigger a drop BINANCE:SOLUSDT remains in a broader bearish trend, with price developing a local downtrend inside the 74.55โ72.30 trading range. Within this structure, I expect a potential market maker manipulation phase
The fundamental backdrop for the cryptocurrency market remains weak. Bitcoin has already broken its local bullish structure and is building bearish momentum ahead of a possible continuation lower. Further weakness in the market leader could weigh on the rest of the crypto market
Against this backdrop, Solana shows little relative strength. The medium-term countertrend correction has transitioned into a local downtrend, with price now consolidating inside a range. The primary focus is on 74.55, where I expect market makers may retest resistance and sweep liquidity before the next bearish leg
Resistance: 74.55
Support: 73.13, 72.30
SOLANA is consolidating within a range that has accumulated significant liquidity around its boundaries. Given the weak fundamental backdrop and prevailing bearish trend, a short squeeze into the 74.55 resistance zone could become the technical trigger for another decline toward the listed support levels
Best regards,
R. Linda
EURUSD: Sellers Defend 1.1400 โ 1.1330 Becomes the Next TargetHello everyone, here is my breakdown of the current EURUSD setup.
Market Analysis
EURUSD previously traded above a rising trendline before breaking below it, confirming a shift in momentum. Price then entered a descending channel, where multiple failed breakouts near the 1.1400 Resistance Zone confirmed that sellers remain in control. The latest rejection from channel resistance reinforces the bearish structure.
Currently, EURUSD is trading below the 1.1400 Resistance Zone while holding above the 1.1330 Support Zone. Price continues to respect the descending channel, suggesting downside pressure remains dominant.
My Scenario & Strategy
As long as EURUSD remains below the 1.1400 Resistance Zone and continues respecting the descending channel, the bearish scenario remains valid. A continuation lower could push price toward the 1.1330 Support Zone (TP1).
However, if EURUSD breaks above the 1.1400 Resistance Zone and the upper channel boundary, the bearish outlook would weaken, opening the door for a stronger recovery.
Thatโs the setup Iโm tracking. Thank you for your attention, and always manage your risk.
GOLD - Ahead of the Fed meeting. Bearish trendICMARKETS:XAUUSD is rebounding from the 4000 level but remains trapped within the 4010โ4050 trading range. At the same time, the U.S. Dollar Index has entered a consolidation phase as markets await the upcoming Federal Reserve meeting
Gold is trading cautiously ahead of the Fed decision amid renewed geopolitical tensions. The key catalyst will be the Fed's guidance on the future path of interest rates. Any hint of a dovish shift could fuel a rally in gold, while a hawkish message would likely restore downside pressure.
Bullish drivers: Dovish Fed rhetoric, A weaker U.S. dollar, Lower rate expectations, Geopolitical de-escalation
Bearish drivers: Hawkish Fed guidance (persistent inflation concerns, hints of further tightening, a more hawkish voting balance), Escalation of geopolitical tensions, supporting both the U.S. dollar and oil prices
Resistance levels: 4070, 4083, 4116
Support levels: 4011, 3983
Fundamentally, there are reasons to expect the Federal Reserve to maintain a hawkish tone. From a technical perspective, gold remains under pressure within a broader bearish trend. As a result, the upcoming news-driven volatility could trigger a retest of the 4070โ4083 resistance zoneโor even 4116โbefore the downtrend resumes toward the 4000โ3950 area.
Best regards,
R. Linda
XAUUSD for those who like to swing tradingOANDA:XAUUSD
XAUUSD now trading at premium valuation and got bearish movement from year to date as the impact of premium price.
I still think gold will keep trading at premium valuation and this is my long plan:
BUY ZONE 1:
Entry: 3860-4000
SL: 3830
BUY ZONE 2:
Entry: 3625-3800
SL: 3580
If price breaking below buy zone 2 with strong daily candle, there is possibility we can trade long at attractive valuation of 3100-3350 and hold from there.
Use good risk management.
This is my opinion.
Do your own research.
EXPE- Symmetrical Triangle Breakout Setup EXPE is attempting to break out of a symmetrical triangle after nearly six months of consolidation.
While the price is pushing above the upper trendline, I prefer to wait for confirmation rather than anticipate the move. For me, a valid breakout requires a decisive close above $279.22, which marks the triangle's second swing high and would confirm buyers have taken control.
Key Levels to Watch:
Breakout Confirmation: $279.22
Target 1: $358.92 (+28% from the breakout level)
Target 2: $431.69 (+54% from the breakout level)
AUDUSD - A long squeeze could trigger a rally FX:AUDUSD is testing a key support zone, with a significant liquidity pool positioned just below it. The broader daily trend remains bullish, giving buyers an opportunity to regain control
At the same time, the U.S. Dollar Index is testing resistance. Profit-taking near the 101.5 area could trigger a pullback in the dollar, providing additional support for the Australian dollar.
From a technical perspective, a substantial liquidity pool has formed below 0.69615. A long squeeze in this area could trigger a rebound and support a continuation of the prevailing uptrend toward the next target zone
Resistance levels: 0.6994, 0.7010, 0.7021
Support level: 0.6960
A false breakout below 0.69615, followed by a recovery and sustained consolidation above this level, could become the technical catalyst for a rally toward 0.6994โ0.7020
Best regards,
R. Linda
BITCOIN - A countertrend correction before a decline BINANCE:BTCUSDT.P is breaking the local bullish market structure within a broader bearish distribution phase while also forming a false breakdown below the 63,680 support area. The market continues to reinforce the dominance of the higher-timeframe bearish trend, although a corrective rebound remains possible before the next leg lower
Higher timeframe: The broader bearish trend remains intact. Sellers prevented price from reaching the key technical retracement level at 67,250, while a weak fundamental backdrop and continued ETF outflows continue to weigh on market sentiment.
From a technical perspective, Bitcoin has invalidated the local bullish structure after bears rejected the advance toward 67,250. The false breakout above 66K triggered a sharp sell-off and was followed by a break below the ascending trendline support
Resistance levels: 64,692, 65,590
Support levels: 63,860, 62,750, 61,322
Following the recent decline, Bitcoin may attempt a countertrend correction to sweep liquidity and fill the existing fair value gap. The primary focus remains on the 64,692 and 65,590 resistance levels. A short squeeze into this resistance zone could provide the technical setup for another bearish reversal toward the lower boundary of the current trading range
Best regards,
R. Linda
EUR/USD Coiling For Another Leg LowerIt may not have arrived after a prolonged bullish run, but Monday's bearish pin candle from a known resistance level still warns downside risks are evident in the days ahead.
Not only does EUR/USD remain in a well-established longer-term downtrend beneath its key medium and long-term moving averages, but we're also seeing a shorter-term bearish trend emerge from the middle of July, with each bounce ending in failure. That leaves the price coiling in a structure that resembles a descending triangle, a bearish continuation pattern.
A convincing break beneath 1.1364 would put the 38.2% Fibonacci retracement of the Jan 2025-Jan 2026 bull move at 1.1355 into focus. Should that level also give way, the June 24 swing low at 1.1325 becomes the next downside target.
Shorts could be considered on a break of either 1.1364 or 1.1355, depending on entry preference, with a stop above the respective breakdown level for protection.
Beneath 1.1325, there is very little technical support evident until 1.1200, suggesting the broader downtrend may extend further should the coiling price action resolve to the downside.
The message from the oscillators is also mildly bearish. RSI (14) remains below 50 while setting lower highs, while MACD is on the cusp of a bearish crossover, reinforcing the view that downside momentum is beginning to build. For now, the technical picture continues to favour selling rallies and downside breaks.
Good luck!
DS
GOLD - Correction Before a Decline ICMARKETS:XAUUSD remains under pressure from the broader bearish trend. However, within this primary direction, the market is developing a sideways range and a countertrend correction. A stronger U.S. dollar could once again weigh on the metal
Gold has received temporary support from the recent geopolitical pause and a softer U.S. dollar. However, the sustainability of the recovery remains uncertain as markets await the upcoming Federal Reserve decision and further developments in the Middle East. Technical indicators continue to point to a bearish bias, limiting buyers' appetite.
Bullish drivers: Further U.S. dollar weakness, Geopolitical de-escalation, Lower oil prices and bond yields, A dovish signal from the Federal Reserve
Bearish drivers: Renewed geopolitical escalation, Rising oil prices, Hawkish Fed rhetoric, Renewed U.S. dollar strength
Resistance levels: 4109, 4134
Support levels: 4082, 4067, 4028
Although the U.S. dollar is currently in a corrective phase, its broader trend remains bullish. This could allow gold to complete a liquidity sweep before resuming its decline.
Before any further advance, gold may retest the 4082 support level. The primary focus remains on the 4134 liquidity zone, where a short squeeze could trigger another bearish reversal
Best regards,
R. Linda
PKG- This Boring Stock Could Be My Swing Trade of the YearThese are the swing trades every trader hopes to find.
Last Friday, PKG had a massive breakout day, gaining more than 8% and pushing above a textbook symmetrical triangle pattern.
What makes this breakout even more interesting is that it wasn't driven by technicals alone. It was backed by several strong fundamental catalysts all hitting at the same time: an earnings beat, solid shipment data, and optimistic guidance around future pricing realization. That's exactly the kind of news flow you want to see supporting a technical breakout.
From a chart perspective, the stock has been consolidating inside this symmetrical triangle since late 2024, and Friday's move finally broke it to the upside. On top of that, volume has picked up significantly over the last three trading sessions, adding confidence that this is a genuine breakout rather than a fakeout.
Key levels-
Breakout level: $249.51 (green line on the chart)
Target 1: $308.20 (+23.52% from the breakout), R/R: 8.88
Target 2: $363.95 (+45.86% from the breakout), R/R: 17.31
Trade idea
As I'm writing this, U.S. index futures are trading strongly higher, with S&P 500 futures up more than 1%. That increases the chances that PKG continues its momentum at the open.
That said, I wouldn't be surprised to see a short-term pullback first. The stock is looking stretched after Friday's move, with the 30-minute RSI sitting around 85, which suggests it's in overbought territory.
Ideally, I'd like to see a healthy retracement back toward the $250โ$252 area. That would give the stock a chance to cool off while potentially offering a much better risk/reward entry.
My stop-loss is $242.90, slightly below the third peak of the triangle. If price falls back below that level, it would invalidate the breakout in my view, which is why that's where I'm defining my risk.
Overall, I like this setup because it combines a clean technical breakout with strong fundamental support. The trend is now pointing higher, and if buyers continue to defend the breakout level, this could have plenty of room to run over the coming weeks.
Three tries at 0.9890. Wednesday's CPI decides the fourthAUD/CAD - long swing setup, ARMED (1D)
THE SETUP
AUD/CAD has run into the same ceiling three times this month. The daily highs print at 0.98874, 0.98890 and 0.98882 - 1.6 pips between the highest and the lowest, which is close enough to call it one price. Underneath it the lows keep rising: 0.97613, then 0.98024, then 0.98079, then 0.98463 today. Flat top, rising floor. That is an ascending triangle, and the coil is tight enough that ADX has dropped to 13.2 while all twelve moving averages I track sit below price.
I am not long yet. This arms on a daily close above 0.9890.
CONFLUENCES
- Trend agrees: price above all 12 MAs, the 200 EMA is 275 pips below at 0.96023
- Flat resistance tested three times inside 1.6 pips
- Four consecutive higher lows compressing into it
- RSI 55, so momentum is with the trend but nowhere near overbought. Room to run
- A dated catalyst that points the same way as the trade
- Clean invalidation: no close above 0.9890 means no trade and nothing risked
FUNDAMENTALS
Australian Q2 CPI lands Wednesday 29 July. Trimmed mean is expected at 3.7% against 3.5% prior, and June employment already surprised hard at +76.3K, which pushed pricing toward an RBA hike on 11 August. The other leg is asleep: the Bank of Canada held at 2.25% in July for a sixth straight meeting and does not meet again until 2 September. One side has a catalyst, the other has none.
The risk cuts both ways. A soft CPI removes the August hike case and this triangle likely resolves downward instead. That is precisely why there is a trigger rather than a position.
TRADE PLAN
Trigger: daily close above 0.9890
Entry zone: 0.9884 - 0.9893
Stop loss: 0.9840 (below the last higher low at 0.98463)
TP1: 1.0000, parity (+1.12% | 2.2R)
TP2: 1.0017, the measured move - triangle height is 128 pips (+1.29% | 2.6R)
Watch 0.9944, the June high, for friction on the way. I scale there rather than treat it as a target.
Invalidation: no daily close above 0.9890.
Every call I publish goes in the public scorecard, wins and losses both.
So which are you: take the close above 0.9890, or wait for CPI to print and pay up for the certainty?
Not financial advice. Trade your own plan and manage risk.
๐ญ๐๐ ๐๐ฎ๐ถ๐น๐ ๐ง๐ฟ๐ถ๐ฎ๐ป๐ด๐น๐ฒ๐ญ๐๐ ๐๐ฎ๐ถ๐น๐ ๐ง๐ฟ๐ถ๐ฎ๐ป๐ด๐น๐ฒ ๐ช๐ถ๐๐ต ๐ฆ๐๐ผ๐ฐ๐ต๐ฅ๐ฆ๐ ๐๐๐ ๐ฆ๐ถ๐ด๐ป๐ฎ๐น
CRYPTOCAP:ZEC is currently trading inside a large symmetrical triangle on the daily chart, with price being compressed between descending resistance and rising support.
Historical studies show that roughly ๐ฒ๐ฌ% ๐ผ๐ณ ๐๐๐บ๐บ๐ฒ๐๐ฟ๐ถ๐ฐ๐ฎ๐น ๐๐ฟ๐ถ๐ฎ๐ป๐ด๐น๐ฒ๐ continue in the direction of the previous trend. Upward breakouts can produce an average move of around ๐ฏ๐ฐ%, although not every breakout reaches its full technical target.
The daily StochRSI has now generated another buy signal from oversold territory. On this chart, the previous completed signals have shown a strong success rate, with most leading to rebounds of approximately ๐ฏ๐ฌ% ๐๐ผ ๐ฑ๐ฌ%.
In the short term, a pullback is still possible because the ๐ฐ-๐ต๐ผ๐๐ฟ ๐ฐ๐ต๐ฎ๐ฟ๐ is showing a StochRSI sell signal. These sell signals have also worked well recently and could push CRYPTOCAP:ZEC back toward the lower trendline before a larger move begins.
For that reason, the most attractive entry would be near the ๐น๐ผ๐๐ฒ๐ฟ ๐ฏ๐ผ๐๐ป๐ฑ๐ฎ๐ฟ๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐๐ฟ๐ถ๐ฎ๐ป๐ด๐น๐ฒ, as this offers a stronger risk-to-reward setup.
The first target is around $๐ฒ๐ฌ๐ฌ, followed by $๐ด๐ฌ๐ฌ after a confirmed breakout above the descending resistance line. Ideally, the breakout should be supported by increasing volume.
The bullish setup remains valid as long as the rising trendline holds. A clear daily close below this support would weaken or invalidate the setup.
APLAPOLLO | Risk-Takers Buy @LTP or Safer Entry above @1850 APLAPOLLO | Risk-Takers Buy @LTP or Safer Entry above @1850 | Strict SL below 1800 | 1st Target 2020
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The stock market involves risk, risk, and only risk. To survive in the market, accepting stop-loss with discipline and without hesitation. There is no other way to protect you capital.
Any stock I share is either already part of my existing holding or I take a fresh entry at the same level I mention. I always place the stop-loss in my system at the time of buying, and I give the highest importance to stop-loss more than the target. Once the target is achieved, I usually book profit once and then wait for either a retest or a fresh breakout.
Disclaimer (Please Read Carefully):
This is not investment advice. The stocks shared here are purely for educational and informational purposes. Please do your own research or consult with a financial advisor before making any investment decisions.
EURUSD: Breaks Below Rising Channel โ 1.1330 Support in FocusHello everyone, here is my breakdown of the current EURUSD setup.
Market Analysis
EURUSD previously traded inside a large symmetrical triangle before breaking below support, confirming a bearish shift in market structure. After the breakdown, price consolidated inside a broad range and later broke lower once again, extending the downtrend.
Currently, EURUSD is trading inside an upward channel while remaining below the 1.1430 Resistance Zone and the long-term descending trendline. The latest rejection near channel resistance suggests sellers continue defending the upper boundary despite the recent recovery.
My Scenario & Strategy
As long as EURUSD remains below the 1.1430 Resistance Zone and continues respecting both the descending trendline and the upper boundary of the ascending channel, the bearish scenario remains valid. A rejection from current levels could push price toward the 1.1330 Support Zone (TP1).
However, if EURUSD secures a confirmed breakout above the 1.1430 Resistance Zone and the long-term trendline, the bearish outlook would weaken, allowing buyers to extend the recovery.
Thatโs the setup Iโm tracking. Thank you for your attention, and always manage your risk.
$SPCX two patterns, two directionsNASDAQ:SPCX
Interesting short-term setup here. Fridayโs post-market price was hovering around the $112 mark, keeping the descending triangle in play.
Conversely, a double bottom pattern is currently in the making and would validate on a break of $118.26 to project a rebound target of $125.
Neither setup is valid until price breaks out.
The most likely direction usually aligns with the prevailing trend, so the triangle may prove the more favorable one here.
ETHUSDT: ascending triangle long into the $2K short wallETHUSDT โ Long swing setup (1D)
THE SETUP
ETH has built a clean staircase of higher lows through July (~1,450 to 1,600 to 1,700 to 1,800 to now ~1,870) while capped by the $2,000 round number โ an ascending triangle. Rising demand into fixed resistance is a bullish continuation structure, and $2,000 is stacked with shorts (reports cite ~$975M above $1,952). A reclaim would force covering โ squeeze fuel.
CONFLUENCES
- Daily uptrend intact: higher lows, structure unbroken above $1,800
- Entry at rising support / prior structure, $1,845โ$1,880
- Ascending triangle: flat $2,000 resistance + rising lows
- Funding positive but not overheated โ room to run
- Whale accumulation (10k ETH off Binance; a16z 25k+ ETH) into a heavy short cluster
- Clean invalidation below $1,800, RR ~1.8:1 to TP1
FUNDAMENTALS
Whales and long-term holders accumulated on exchange outflows through late July while ~$1โ2B of shorts sit at/above $2,000. Glamsterdam upgrade targeted H2 2026. Note: spot ETH ETFs saw net outflows recently โ a mixed signal, which is why the $1,800 invalidation is firm.
TRADE PLAN
Entry zone: 1,845 โ 1,880
Stop loss: 1,795 (below the $1,800 July higher-low structure)
TP1: 1,985 (+6.6% | ~1.8R)
TP2: 2,100 (+12.8% | ~3.5R)
TP3: 2,250 (+20.8% | ~5.8R)
Invalidation: a daily close below $1,800 kills the idea.
Follow for the daily levels โ updates posted on this idea as it plays out.
Not financial advice. Trade your own plan and manage risk.
TRIANGLE BREAKOUT IN DJML- EDUCATIONAL PURPOSEStock has undergone huge correction from 209 ( Dec -2024) to 52 ( Dec 2025) i.e. 75% correction in 1 year. After that stock stated rising and now triangle breakout is seen in May 2026, after retesting the breakout level stock is ready to continue the rally. Higher high higher low structure is also formed which indicates uptrend.
Long position can be initiated at CMP 114.40
TARGET : 198 (73%)
SL : 96 (-16%) ON WEEKLY CLOSING BASIS
RR RATION :1:4.5
TIME HORIZON : 3 YEARS(JULY 2029)
ONLY FOR INVESTMENT VIEW, NOT FOR SHORT TERM TRADING






















