Chart Patterns
gbpnzd buy signal. Don't forget about stop-loss.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Gold within known rangeTechnical analysis: Descending Channel on Hourly 4 chart was discontinued as there was an attempt on the same chart to develop Ascending Channel and extend the Intra-day’s relief rally above #3,402.80 benchmark. My action plan remains intact as I will continue operating with Scalp Sell and Buying orders as long as #3,362.80 - #3,402.80 zone holds (so far it hasn't been crossed again to the upside or downside) and reversal towards #3,417.80 Resistance in extension if #3,402.80 benchmark gets invalidated. Consider the Lower High’s Upper zone test on the Daily chart’s scale, while Hourly 4 chart turned Bearish on my key indicators sessions ago. As expected, yesterday's session Daily candle closed below the #3,395.80 Resistance, widely above both of the Daily chart’s MA’s, turning flat for the session (isolated within Neutral rectangle however). That is a strong indication that the market is attempting to Price the Bottom here (temporary or not), which just so happens to be a Lower High's Lower zone within Daily chart’s Ascending Channel. It is no surprise that today's Hourly 4 chart’s candle is attempting to engage Bearish sequence so far and since its on Bearish Technicals (invalidated Ascending Channel), I consider it the most optimal re-Buy entry for a Short-term recovery back towards #3,288.80 - #3,392.80 Resistance belt or above (representing last week’s High’s).
My position: Even though I mentioned remaining on sidelines, I used #3,388.80 - #3,392.80 as an excellent re-Buy zone and closed my set of Scalping orders within #3,393.80 - #3,398.80 and remained off for the session. It is indeed clash of Bearish Technicals and War news (Fundamentally Bullish) as I will keep my Trading activity to minimum, protecting my capital for now.
Gold is rising in the shock!
From the analysis of the 1-hour chart, pay attention to the long-short watershed of 3360-3365. If it stabilizes at this position, it is expected to further bottom out and rebound. The upper short-term resistance is around 3410-3420, and the support is 3377-3380. Rely on this range to see the wide range of long and short shocks during the day. In the middle position, watch more and do less, be cautious in chasing orders, and wait patiently for key points to enter the market. I will remind you of the specific operation strategy during the session, and pay attention to it in time.
Buy gold when it falls back to the 3375-3383 range, and continue to buy when it falls back to the 3360-3364 line. The target is 3415-3420, and continue to hold if it breaks;
SELL EURJPYIn todays session we are monitoring EURJPY for selling opportunity. Our entry is at 167.302 our stop is above 168.000 and targets are below 165.200. Use proper risk management and remember the stop loss should be adjusted based on your risk management, sometimes it can be too tight or it can be extended depending on validity of a set up . Cheers to you all.
BTC-----Sell around 105500, target 104000 areaTechnical analysis of BTC contract on June 17:
Today, the large-cycle daily level closed with a small positive line yesterday, and the K-line pattern was a single positive line with continuous negative lines. The price was consolidating at a high level, but the attached indicator was dead cross, and the closing line yesterday was a long upper lead, and the high point was near the 109,000 area. Why is it difficult to continue the rise? The price did not break the previous high point, the continuity was poor, the technical indicators were not obvious, etc., which are all reference data; the short-cycle hourly chart showed that the European session rose yesterday, and the US session continued to break the weekend correction high position. The price fell under pressure, the intraday high was 109,000 area, and the intraday retracement low was 106,000 area. There is no obvious direction at present, so the European and American sessions are the focus, so pay attention to the strength and weakness of the European and American sessions and the breakout situation, and then we will layout according to the real-time trend. The European and American sessions are currently showing a downward trend.
Today's BTC short-term trading contract strategy:
The current price is 105,500 and directly short, stop loss in the 106,000 area; the target is the 104,000 area;
Hanzo / Gold 30 Min ( Accurate Tactical Break Out Zones )🔥 Gold – 30 Min Scalping Analysis (Bearish Setup)
⚡️ Objective: Precision Breakout Execution
Time Frame: 30-Minute Warfare
Entry Mode: Only after verified breakout — no emotion, no gamble.
👌Bullish After Break : 3412
Price must break liquidity with high volume to confirm the move.
👌Bearish After Break : 3372
Price must break liquidity with high volume to confirm the move.
☄️ Hanzo Protocol: Dual-Direction Entry Intel
➕ Zone Activated: Strategic liquidity layer detected — mapped through refined supply/demand mechanics. Volatility now rising. This isn’t noise — this is bait for the untrained. We're not them.
🦸♂️ Tactical Note:
The kill shot only comes after the trap is exposed and volume betrays their position.
Hanzo / Gold 30 Min ( Accurate Tactical Break Out Zones )
DOW JONES: Will the 4H MA200 produce a rally?Dow is neutral on its 1D technical outlook (RSI = 51.949, MACD = 356.820, ADX = 20.639), trading between its 4H MA50 and MA200 in the past 2 days. The price just hit the 4H MA200 for the 2nd time again at the bottom of the Channel Up. As long as it holds, the pattern can initiate the new bullish wave. We exepct it to repeat the +3.74% rise of the one before, TP = 43,550.
See how our prior idea has worked out:
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EURCHF: Get Ready For Another Bullish Movement -UpdateEURCHF: Get Ready For Another Bullish Movement -Update
The EURCHF pair has tested a major support zone for the fourth time since December 2023.
This level also marks the lowest price in years.
If this support holds, EURCHF could rebound towards key resistance levels: 0.9410, 0.9425, 0.9485, 0.9545, and 0.9600.
✅On Thursday, the Swiss National Bank (SNB) will announce its latest interest rate decision, with expectations pointing to a 25 basis point cut, bringing rates down to 0%.
This move could put the Swiss franc (CHF) at a significant disadvantage against other major currencies, many of which still maintain relatively high interest rates. However, the extent of CHF weakness remains uncertain, as broader monetary policy and market sentiment will play a crucial role.
You may find more details in the chart!
Thank you and Good Luck!
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USDCHF: Pullback From Resistance 🇺🇸🇨🇭
USDCHF is going to retrace from a key daily horizontal resistance cluster.
As a confirmation, I spotted a bearish breakout of a support line of a rising
wedge pattern on an hourly time frame.
We see its retest now.
Goal - 0.815
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Bullish bounce?EUR/USD is falling towards the support level which is an overlap support that is slightly above the 61.8% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 1.1480
Why we like it:
There is an overlap support that is slightly above the 61.8% Fibonacci retracement.
Stop loss: 1.1438
Why we like it:
There is a pullback support level that lines up with the 71% Fibonacci retracement.
Take profit: 1.1542
Why we like it:
There is a pullback resistance.
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SPX 6900 Forms Bullish Pennant After 18% Rally — $2.20 in SightSPX 6900 has surged 18.20% on the day, continuing a strong bullish market structure that began at the $0.25 low. Since then, price has consistently posted higher highs and higher lows, reclaiming major volume levels and flipping resistance into support.
The latest pivot came from a clean reaction off the 0.618 Fibonacci retracement, propelling price into the ATH region. Now, SPX appears to be forming a bullish pennant, with converging support and resistance signaling a potential breakout setup.
Volume remains elevated, which confirms healthy trend participation. The $1.42 level is now acting as a key support zone, aligned with the value area high and a daily level. As long as this region holds, the current consolidation is likely a continuation pattern.
A confirmed breakout from this pennant structure would project a move toward the $2.20 Fibonacci extension, taken from the previous swing low to high.
Key Levels:
Support: $1.42
Resistance: ATH / Breakout Zone
Target: $2.20 (Fibonacci Extension)
Excellent Profits throughout yesterday's sessionAs discussed throughout yesterday's session commentary: "I have engaged multiple re-Buy Scalp orders on #3,412.80 Bottom and closed them on #3,420.80 and engaged Swing order on #3,423.80 which was closed on #3,4335.80 which finalized last week in excellent way."
My position: As Gold delivered #3,388.80 - #3,392.80 Support zone test throughout yesterday's session, I have used that opportunity to Buy Gold with both Swing and Scalp orders (#3,388.80 Swing) and #4 aggressive Scalp orders from #3,390.80 towards #3,396.80 - #3,398.80 finishing the session in excellent Profit. I will not engage for today's session as Gold is Technically Bearish and Fundamentally Bullish which displays very mixed / unpredictable Trading as I will remain on sidelines, Highly satisfied with my results.
Keep in mind that as long as #3,377.80 Support is preserved, Bull structure is preserved and Price-action will push for #3,400.80 benchmark test or above. If however #3,377.80 gets invalidated and market closes below it, #3,352.80 benchmark will be tested.
MERIT LONG TRADE - 17-06-2025 (MERIT PACKAGING)MERIT Technical Buy Call
Rationale - MERIT broke out of a prolonged range (Rs. 7.23 - Rs. 14) since Oct 2022 with strong volume distribution, forming a bullish IFDZ and other supportive patterns. These levels are expected to act as barriers against downward movement.
🚨 TECHNICAL BUY CALL – MERIT🚨
- Buy 1: Current level (Rs. 14.92)
- Buy 2: Rs. 14.20
- Buy 3: Rs. 13.50
- TP 1: Rs. 15.97
- TP 2: Rs. 17.15
- TP 3: Rs. 18.30
Stop Loss - Below Rs. 12.00 closing basis
Risk-Reward Ratio- 3.31
Caution: Please buy in 3 parts in buying range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
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4 days ago
NML LONG TRADE 17-06-2025NML LONG TRADE (1H)
Rationale: NML previously surged in a vertical uptrend, then consolidated in a trading range with various chart patterns. The stock is now poised to break out and resume its upward journey.
🚨 TECHNICAL BUY CALL –NML🚨
- Buy 1: Current level (Rs. 126.5)
- Buy 2: Rs. 122.6
- Buy 3: Rs. 119.1
- TP 1: Rs. 132
- TP 2: Rs. 138
- TP 3: Rs. 144
Stop Loss - Below Rs. 115 closing basis
Risk-Reward Ratio- 1: 3.1
Caution: Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
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DOGEUSD 1H Technical AnalysisTrend & Key Levels 🎯
DOGEUSD is in a downtrend after breaking the short - term uptrend line.
Resistance: 0.1810 - 0.1900 zone (previous suppression, 👀 watch for pullback risks if price rebounds here).
Support: 0.1600 (critical level; a break could deepen declines 💣).
Signals 📡
Trend Break: The broken uptrend line confirms bearish control 🐻; failing to reclaim it on a rebound keeps the downtrend.
Price Action: Dominant bearish candles (with implied heavy selling 💰💨) show strong downside momentum.
Range Play: Price is testing 0.1600 support. A hold may spark a bounce 🚀; a break opens further downside (check larger timeframes for prior lows 🔍).
⚡️⚡️⚡️ BTCUSD ⚡️⚡️⚡️
🚀 Sell@ 0.17500 - 0.17000
🚀 TP 0.16500 - 0.16000
Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟 👇
GOLD Gold (XAU/USD), DXY (U.S. Dollar Index), 10-Year Bond Yield, and Interest Rate Correlations
As of June 2025, the relationships between these assets reflect a mix of traditional dynamics and evolving market forces. Below is a breakdown of their correlations and current data:
1. Gold (XAU/USD) and DXY (U.S. Dollar Index)
Traditional Inverse Relationship: Gold is priced in USD, so a stronger dollar (higher DXY) typically makes gold more expensive for foreign buyers, reducing demand and lowering prices. Conversely, a weaker dollar supports gold prices.
Recent Anomaly (2023–2025): Geopolitical tensions (e.g., Iran-Israel conflict, U.S.-China trade disputes) and central bank gold purchases (notably by China and Russia) have driven simultaneous strength in gold and the dollar. For example:
Gold hit a record high of $3,500/oz in April 2025 despite DXY hovering near 98.43.
Central banks bought 1,037 tonnes of gold in 2024, offsetting typical dollar-driven headwinds.
The inverse correlation is reasserting as Fed rate-cut expectations grow, but geopolitical risks still support gold.
2. Gold and 10-Year Treasury Yield
Inverse Correlation Typically: Higher yields increase the opportunity cost of holding non-yielding gold.
Inflation Hedge Exception: When real interest rates (nominal yield - inflation) are negative or low, gold rises despite higher yields. For example:
10-year yield: 4.450% (June 2025)
U.S. inflation: 3.1% (May 2025) → real rate ~1.26%, reducing gold’s appeal but not eliminating it.
Current Driver: Market focus on Fed policy (potential cuts) and inflation persistence keeps gold supported even with elevated yields.
3. DXY and 10-Year Treasury Yield
Positive Correlation: Higher yields attract foreign capital into U.S. bonds, boosting dollar demand (DXY↑).
Divergence Risks: Geopolitical tensions can decouple this relationship (e.g., safe-haven dollar demand outweighs yield changes).
4. Interest Rates and Gold
Fed Policy Impact: Higher rates strengthen the dollar and dampen gold demand, while rate cuts weaken the dollar and boost gold.
2025 Outlook:
Fed funds rate: 4.25–4.50% (held steady in June 2025).
Geopolitical Risks: Safe-haven demand for gold and the dollar persists.
Real Interest Rates: Gold’s performance hinges on whether real rates stay subdued.
Central Bank Demand: Record gold purchases (1,200+ tonnes in 2024) provide structural support.
Conclusion
While traditional correlations between gold, DXY, and yields persist, structural shifts (central bank buying, geopolitical fragmentation) and evolving Fed policy are redefining these relationships. Gold remains bullish in the medium term.
WATCH MY GREEN BAR ZONE FOR BUY.
#gold