EURUSD at a Breakout PointHello my wonderful friends, what do you think about FX:EURUSD ?
Today, the pair is trading around 1.172, approaching both the resistance zone and the trendline cap after several days of consolidating at support. Previously , we had set this level as our target, and now it has been reached.
A breakout above the trendline could pave the way for a stronger rally, with 1.200 eyed as a medium-term target. The EMAs also align with this view, flashing positive signals. As long as support holds, the bulls remain in control.
What do you think? Will EURUSD break out, or continue consolidating around support? Share your thoughts in the comments!
Good luck!
Breakout
Bitcoin will continue to decline inside downward channelHello traders, I want share with you my opinion about Bitcoin. The dominant market structure for Bitcoin remains bearish, with the price action being clearly contained within a well-defined downward channel since the major rejection from the 116800 Resistance Level. This structure has been guiding the asset lower through a series of impulsive declines and corrective rebounds, confirming that sellers are in control of the trend. The most significant recent development was the breakdown below the key horizontal support around the 109000 level. Currently, after this breakdown, the price of BTC is in a corrective phase, rallying back to retest this broken structure from below, which now acts as the current resistance level. This 109000 - 109800 resistance zone is a critical inflection point. The primary working hypothesis is a short scenario, predicated on the failure of this retest. A confirmed rejection from this former support area would validate the continuation of the bearish momentum and signal that the next impulsive downward fall is imminent. Therefore, the TP for this trend continuation play is logically placed at 104000 points. This target represents a new lower low within the channel and is the next major area of structural interest for the price. Please share this idea with your friends and click Boost 🚀
Avidity Biosciences (RNA) AnalysisCompany Overview:
Avidity Biosciences NASDAQ:RNA is pioneering RNA therapeutics with its Antibody Oligonucleotide Conjugates (AOC) platform, aiming at rare genetic diseases where no treatments exist—unlocking high unmet demand.
Financial Snapshot (Q2):
Revenue: $3.85M
Net loss: $157.31M (reflecting heavy early-stage R&D investment)
Valuation: P/S 529.67, P/B 9.27, signaling premium growth pricing by investors.
Technical View:
Stock has formed multiple bull flag patterns.
Breakout potential is strong after recent consolidation phase.
Investment Outlook:
Bullish above: $37.00–$38.00
Upside target: $70.00–$72.00, supported by pipeline innovation + bullish technical setup.
📢 RNA — premium biotech bet with rare-disease focus and breakout momentum.
#RNA #Biotech #Genomics #GrowthStocks #BullFlag #Breakout
Gold Keeps Searching for New HighsHello everyone, what are your thoughts on OANDA:XAUUSD ?
Gold continues to surprise us one move after another. As the new week opened, the precious metal recorded a historic breakout, trading near the $3,500 level amid ongoing global economic turbulence.
From a technical perspective, XAUUSD maintains a solid bullish structure, breaking past key resistance levels. The EMA 34 and 89 both confirm that there is still plenty of room for further upside. This rally not only reflects the market’s “gold hunting” sentiment but also opens major opportunities for traders who can catch the right wave.
So, how should we trade? At this sensitive stage, buyers may find it difficult to identify an ideal entry point. For sellers, no new top has yet been confirmed. That’s why it may be safer to wait for clearer signals—whether gold sets a new high or establishes fresh support. For short-term traders, make sure you set both SL and TP with a ratio of 1:1 or 1:2.
In addition, there are several news events this week and in the near future that could further impact gold’s trend. I’ll cover these in upcoming analyses, so stay tuned.
And you—what do you think about XAUUSD’s direction? Leave a like if you agree with my view, and drop a comment if you’d like to share your thoughts.
Good luck!
EURUSD: Price break resistance and continue to growHello everyone, here is my breakdown of the current Euro setup.
Market Analysis
From a broader perspective, after exiting a prior Upward channel, the price action has entered a large consolidation phase. This has created a well-defined trading range between the major Support zone around the 1.1470 level and the key Resistance Zone up to the 1.1745 area, indicating a period of market balance.
Currently, the price is coiling within a large pennant formation, a classic sign of contracting volatility before a significant move. The price is now at a critical point, testing the descending resistance line of this pennant, which also aligns with the major horizontal Resistance at the 1.1710 level.
My Scenario & Strategy
My scenario is built on the idea that this pennant is a bullish continuation pattern, where buyers are absorbing supply before attempting the next leg higher. I'm anticipating a brief corrective dip from the current position before the main move begins. Following this, I expect buyers to take the initiative and push the price upwards, forcing a breakout above both the pennant's resistance line and the horizontal 1.1710 Resistance level.
A successful break and hold above the Resistance Zone would validate the long scenario. The primary target for this breakout move is 1.1820 points, representing a logical next objective for an upward expansion.
That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
BITCOIN Bearish Breakout! Sell!
Hello,Traders!
BITCOIN is going down
Now and the coin made
A bearish breakout of the
Key horizontal level
Of 110k$ so we are locally
Bearish biased and we
Will be expecting a
Further bearish move down
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
SILVER Will Keep Growing! Buy!
Hello,Traders!
SILVER is trading in an
Uptrend and the price
Made a bullish breakout
Of the key horizontal
Level of 39.53$ and the
Breakout is confirmed so
We are bullish biased
And we will be expecting
A further bullish continuation
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
AUD-USD Bullish Bias! Buy!
Hello,Traders!
AUD-USD made a bullish
Breakout of the key
Horizontal level of 0.6624
Which is now a support
Then made a retest and
A rebound so we are
Bullish biased and we
Will be expecting a
Further bullish move up
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Let’s Do It Again – XRP Retests the Triangle Support!XRP continues to coil inside a textbook symmetrical triangle on the 4H timeframe.
🔻 Sellers remain active at the descending trendline (red arrows).
🔹 Buyers are once again stepping in at the rising support (blue arrows).
📉 Price is now retesting the lower bound of the structure. As long as this zone holds, we can anticipate another potential bounce toward the upper boundary.
🚀 For the bulls to take full control, a break above the last high marked in orange is needed. A confirmed breakout from this triangle will likely define XRP’s next major move — either continuation higher or a bearish breakdown.
This clean and well-defined triangle keeps XRP among the most exciting setups to watch right now!
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk management, and trade execution.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Gold Surges Above Expectations, Reaches 5-Week Highs!👋Hello everyone, let’s take a look at OANDA:XAUUSD !
📍Gold continues its impressive rally, even surpassing our previous expectations and reaching the highest levels in 5 weeks. Currently, the bullish momentum is intact, trading around $3412 and surpassing the key psychological level of $3400, gaining over 300 pips from the previous session.
The recent surge in gold is largely driven by concerns over the Fed. Pressure from Trump is fueling speculation that the central bank could cut rates faster and keep them low for a longer period. The CME FedWatch tool shows that investors now expect an 87% chance of a rate cut in September, which is beneficial for gold prices.
📈From a technical perspective: Gold has broken through the $3400 level and closed clearly above the resistance, turning it into new support. The EMA 34 and 89 still favor the bulls, and our strategy will prioritize selling at the top and continuing to buy as long as support holds. The target for the strategy is $3430–3433 USD (D1 resistance).
What do you think💬? How will gold move, and what will the price be at the close today?
✍️ Leave your thoughts in the comments!
ETH 4H Analysis – Key Triggers Ahead | Day 7💀 Hey , how's it going ? Come over here — Satoshi got something for you !
⏰ We’re analyzing ETH on the 4-hour timeframe timeframe .
🔭 In the 4-hour timeframe of Ethereum, we can see that after registering its all-time high, Ethereum was rejected downwards and then took support from the $4,273 area and moved upwards. We need to see how valid this support can remain in the new week. There is also an important resistance at the $4,515 area, and breaking this level could end Ethereum’s corrective trend.
⛏ The key RSI areas are 35 and 58. If the fluctuation passes these levels, Ethereum could enter a new phase of volatility and eventually start its movement.
💰 The size and number of red candles have almost decreased, and with increasing volume and larger candle sizes, Ethereum can start a good trend. Keep in mind that today is a holiday, so not much volume enters the market. On the other hand, there are rumors on Twitter about the death of Donald Trump, which could also prevent an increase in volume.
🪙 In the 4-hour timeframe of the ETHBTC index , we can see that this index broke its box at the 0.03946 area and registered an all-time high for Ethereum against Tether pair. Then it was rejected from this area and showed two rebound reactions at the 0.03946 support, which is the broken box top. With a breakout of the highlighted areas in this index analysis, both Bitcoin and Ethereum could see more liquidity, and this directly affects the ETH/USDT pair.
🔔 The alarm zones that can be considered for Ethereum in this timeframe are the $4,273 and $4,514 areas. The price action in these areas can be of high value, and with increasing volume, they could give us either a short or long trade opportunity.
❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
Gold will start to decline and then exit from wedgeHello traders, I want share with you my opinion about Gold. The market dynamic for XAUUSD has seen a significant evolution, transitioning from a corrective falling wedge into a new bullish phase after a powerful breakout from the lows. This upward trend has since matured and taken the shape of a large upward wedge, a pattern that has been guiding the price higher through a series of rebounds and corrections. This formation, while bullish in the short term, often signals potential trend exhaustion as it approaches its apex. Currently, the price action for XAU is at a critical juncture, pushing up against the upper resistance line of this wedge. The primary working hypothesis is a short scenario, which is predicated on the common bearish resolution of a rising wedge pattern. It is anticipated that the asset will be rejected from this resistance line, signalling that buying momentum is waning. A confirmed failure at this peak would likely trigger a sharp reversal, with enough selling pressure to cause a breakdown below the wedge's ascending support line and the current support level of 3390. This structural failure would validate the bearish thesis and initiate a new downward leg. Therefore, the TP is logically set at 3370 points, representing a prudent first objective for the price to achieve following the anticipated breakdown of the wedge structure. Please share this idea with your friends and click Boost 🚀
EUR/USD: Accumulation Phase with Breakout PotentialHello traders, what do you think about the trend of OANDA:EURUSD ?
The pair is currently trading around 1.1670, entering an accumulation phase after a strong bullish move earlier.
If the price breaks through the 1.1680 resistance, another recovery could push EUR/USD to test the 1.1720 level. Trendlines and EMA support levels continue to favor the buyers, so keep an eye on these levels.
📍Key Levels:
Support: 1.1635 (50% retracement)
Resistance: 1.1680
Target: 1.1725
If the breakout happens (1.172), it could trigger a strong rally, but make sure to manage risk carefully.
Do you think EUR/USD will break upwards or reverse? Share your thoughts in the comments!
Latest EURUSD Strategy Update TodayHello everyone, what do you think about FX:EURUSD ?
EUR/USD experienced notable volatility, driven mainly by key economic data from both the Eurozone and the U.S. In the Eurozone, the service PMI showed a slight recovery, but it still fell short of expectations, raising doubts about the sustainability of economic growth in this sector.
In contrast, U.S. labor market data showed a slower pace of new job creation, but still exceeded forecasts. This increased the likelihood of the Federal Reserve maintaining a more aggressive stance on interest rates. These factors led to sharp movements in EUR/USD, with continuous ups and downs.
Currently, the pair is trading around 1.164, moving below the trendline and showing some consolidation near the EMA 34. Without a clear candle close above the trendline, the preferred strategy remains to sell at the upper limit and buy at support (around the EMA 89).
Do you agree with this view? Feel free to share your thoughts in the comments below.
Good luck with your trading!
NZD-USD Will Keep Growing! Buy!
Hello,Traders!
NZD-USD is going up
And the pair made a bullish
Breakout of the key horizontal
Level around 0.5880 and the
Breakout is confirmed so
We are bullish biased
And we will be expecting
A further bullish move up
On Monday!
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
XAUUSD: Price Rebound from Support line to $3440Hello everyone, here is my breakdown of the current Gold setup.
Market Analysis
From a broader perspective, we've seen a clear shift in control on the chart. The market successfully reversed a prior downtrend by breaking out of a Downward Channel. This breakout was significant and has established the current bullish market structure, which has been guiding the price higher.
This new bullish phase has formed a well-defined Upward Wedge. The price has been respecting its boundaries, making higher highs and higher lows. Currently, the price is undergoing a corrective pullback and is testing the ascending support line of this wedge, which aligns with the Support zone around the 3390 level.
My Scenario & Strategy
My scenario is built on the expectation that this upward wedge structure will remain intact. The current pullback to the support line presents a classic opportunity within an established uptrend.
I'm anticipating a clear bounce from the current support zone. This should initiate a rally back towards the wedge's resistance line. The key part of this scenario is that I expect the buying pressure to be strong enough to force a breakout above that resistance, signaling an acceleration of the trend. The primary target for this breakout scenario is 3440 points.
That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
Tesla (TSLA) — Symmetrical Triangle Breakout IdeaSummary
Pattern: Symmetrical triangle on daily chart.
Expected timeframe for breakout: Within 1–2 weeks.
Targets: $367 on an upside breakout; $273 on a downside breakout.
Risk management: Use a stop-loss just outside the triangle after breakout confirmation; position size per your risk rules.
Setup & Rationale
A well-defined symmetrical triangle has formed on TSLA’s price action, characterized by converging trendlines connecting lower highs and higher lows. Volume has contracted inside the pattern, consistent with consolidation. Symmetrical triangles are neutral continuation/reversal patterns; the breakout direction provides the trading signal.
Key technical points:
Price is approaching the apex, increasing the likelihood of a decisive breakout in the next 1–2 weeks.
Volume decline during the consolidation and a volume spike on breakout would confirm conviction.
The breakout should be taken after a daily close beyond the upper or lower trendline (or after a retest), not merely intraday probes.
Entry Criteria
Upside trade: Enter long on a daily close above the upper trendline (or on a confirmed retest).
Downside trade: Enter short on a daily close below the lower trendline (or on a confirmed retest).
Targets & Measurement
Measure the pattern height (vertical distance between the initial high and low of the triangle) and project it from the breakout point.
Upside target (projected): $367.
Downside target (projected): $273.
Adjust targets proportionally if you use a measured move from the actual breakout point rather than the pattern’s maximum height.
Stops & Risk Management
Place stop-loss slightly outside the opposite trendline or beyond a recent swing point to avoid false breakouts.
Preferred approach: fixed-risk percent per trade (e.g., 1–2% of portfolio) and scale position size accordingly.
Consider tightening stops to breakeven after price clears ~50% of the distance to the target.
Confirmation: daily close beyond trendline plus above-average volume (up or down depending on direction).
Symmetrical triangles are neutral; false breakouts occur. Wait for confirmation.
News, earnings, or market-wide events can invalidate technical setups quickly—monitor catalysts.
Adjust targets/stops if volatility expands or if the breakout lacks volume confirmation.
XAUUSD Shines Bright: Safe-Haven Demand Lifts GoldHello everyone, what are your thoughts on OANDA:XAUUSD ?
Yesterday, XAUUSD continued its impressive recovery, with the precious metal trading as high as 3,393 USD and still holding around 3,387 at the time of writing.
This sharp rally from near 3,350 up to almost 3,400 is largely driven by the broad sell-off in the U.S. Dollar (USD) and weaker short-term U.S. Treasury yields. These factors boosted safe-haven demand for gold as investors shifted capital into the metal.
This week, the market will focus on the upcoming U.S. Personal Consumption Expenditures (PCE) report, due on August 29. As the Fed’s preferred inflation gauge, this data will be crucial in shaping expectations for potential Fed rate cuts, which could further influence gold’s direction.
I remain optimistic on gold’s outlook, with my analysis targeting resistance at 3,400 – 3,415 and support in the 3,350 – 3,360 zone. The short-term trend still favors the upside.
What do you think about XAUUSD? Share your view!
Canaopy Growth looking to break outCannabis stocks are finally starting to wake up after rumours that Trump will finally legalize weed in the country.
A break above $1.99 should open $3.84 where the line linking the tops and the former lows should act as important resistances.
A break below $1.15 should invalidate this view.