Chart Patterns
S&P 500 ETF & Index Hit Resistance – A Technical Warning Shot 📉⚠️ S&P 500 ETF & Index Hit Resistance – A Technical Warning Shot 🔍🧠
Following up on the video I just posted , I had to share this updated chart of the VOO ETF (Vanguard S&P 500) and US500 Index , now that both are testing key resistance levels.
On the left: AMEX:VOO has reached the very top of a multi-year ascending channel—a zone that has historically triggered sharp corrections. The level at 590.85 marks a major resistance zone.
On the right: The US500 Index is showing a similar technical overextension, trading just under 6,450, with 5,928.25 as the nearest support below.
🎯 Technicals at play:
VOO could retrace toward 526.17 and potentially 465.72, both of which are solid technical supports within this channel.
This setup doesn't mean panic—but it does argue for caution, especially after such an extended run.
🧠 And yes, the Buffett Indicator (Stocks-to-GDP) continues to point toward an overheated market . While it's not a timing tool, it adds macro weight to the technical signals.
In the video, I also touched on:
Taking profits on NASDAQ:NVDA after a near-perfect technical rejection at target.
Reviewing Rolls Royce nearing upper channel resistance.
Gold and Silver at inflection points—likely to be impacted if equities begin to unwind.
Rotational potential into Bitcoin and Ethereum, which may benefit from macro shifts.
This is how I trade: respect structure, stay proactive, and prepare before the move—not after. Let me know how you’re positioning or if you’re sitting on hands waiting for a dip.
One Love,
The FX PROFESSOR 💙
Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! 🌟🤝📈
This is why I firmly believe we'll witness BTC reach 150K soon.No caption needed and every reasons are kept in the chart. Zoom In and analyze every single lines in the chart and hope you will see what I tend to see as far as my capabilities allows me. Let me know your comments on the idea. I am looking forward to witness $150K in the next 3 to 4 months time. I will be updating my confluences to say this on higher timeframes too.
With Regards. And stay Tuned.
GBP/JPY Clears July LowGBP/JPY clears the July low (195.37) as it tumbles to a fresh weekly low (195.34), and a close below the 195.70 (61.8% Fibonacci extension) to 196.60 (23.6% Fibonacci extension) region may push the exchange rate toward the June low (192.73).
Failure to hold above the 192.40 (50% Fibonacci extension) to 193.50 (38.2% Fibonacci extension) zone may lead to a test of the May low (190.33), but the selloff in GBP/JPY may turn out to be temporary if it defends the rebound from the June low (192.73).
GBP/JPY may attempt to retrace the decline from the July high (199.98) should it hold/close above the 195.70 (61.8% Fibonacci extension) to 196.60 (23.6% Fibonacci extension) region, with a close above the 199.80 (61.8% Fibonacci retracement) to 200.50 (78.6% Fibonacci extension) region opening up 201.20 (23.6% Fibonacci retracement).
--- Written by David Song, Senior Strategist at FOREX.com
TON Bearish DivergenceBINANCE:TONUSDT
Trade Setup:
Target 1: 3.523 (0.786 Fibonnaci Golden Zone).
Target 2: 3.389 (0.618 Fibonnaci Golden Zone).
Target 3: 3.295 (0.786 Fibonnaci Golden Zone).
Target 4: 2.897 (0 Fibonnaci).
Stop Loss: 3.910 (1.272 Fibonnaci).
RSI Analysis: The RSI is showing a bullish divergence, suggesting potential bullish momentum. The current RSI is around 75.44, approaching overbuy territory, so caution is advised.
#QQQ Weekly Chart – Technical Breakdown As of August 1, 2025QQQ Weekly Chart – Technical Breakdown
🧠 Key Observations
Bearish Weekly Rejection
A red candle at the recent high ($574.63) suggests buyers are taking profits.
Short-term reversal likely in play.
First Reaction Zone:
0.236 Fib at $533.87 is the first potential bounce zone.
Aligned with:
Fair Value Gap (FVG)
Upper range of the Weekly Order Block (OB)
Deeper Demand Zone:
If $533 fails, the Weekly Order Block becomes critical.
That zone stretches down toward $520–$508 (Fib 0.382).
Strong historical reaction area — may attract long setups if macro aligns.
RSI Divergence Risk:
RSI shows some signs of flattening.
Still above 59, so momentum is intact — but weakening.
📉 Pullback Path (Base Scenario):
Potential move to $533 → $520, consolidating inside the order block
From there, bullish continuation back toward $575+
Invalidated below $500, where structure breaks
📈 Mid-Term Bullish Bias Intact
Strong uptrend, higher lows still in place
Any dip into the OB + FVG zone = buy-the-dip opportunity.
$TSLA ~ Elliott Wave Updates.This whole wave is Wave C(Black) that started when Wave B(Black) was completed. This Wave C(Black) expresses itself in 5 main waves shown in Green. Wave 2(Green) was a Zigzag and a Flat should be expected for 4(Green). Meanwhile, Wave 3(Green) expresses itself in a 5 wave move shown in Black- with Wave 2(Black) being a Zigzag, our 4 was a Flat. This Flat is shown as Blue ABC. When Wave 4(Black) completed, our Wave 5 began which upon completion, would be Wave 3(Green) of the main wave. Wave 2(Red) is a Flat and a Zigzag should be expected after 3(Red).
Go to for more information of the same.
SUI | Spot Buy Zone for PullbackPrice has pulled back after a local top and is heading toward a clear demand zone.
Key buy area sits around $3.12, aligned with 0.618 retracement and recent consolidation.
Strong structure below—if majors keep retracing, this is where risk/reward for new spot buys becomes attractive.
Plan:
Waiting for price to reach the green zone to accumulate spot.
Invalidation below $2.80, targeting a move back toward $4.45 and higher if momentum returns.
Gold deeper consolidation supported at 3266The Gold remains in a bullish trend, with recent price action showing signs of a continuation breakout within the broader uptrend.
Support Zone: 3266 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 3266 would confirm ongoing upside momentum, with potential targets at:
3335 – initial resistance
3351 – psychological and structural level
3366 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 3308 would weaken the bullish outlook and suggest deeper downside risk toward:
3250 – minor support
3230 – stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the Gold holds above 3266. A sustained break below this level could shift momentum to the downside in the short term.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Bitcoin willIt hold if we stay above $115k ?? Fixing up last post I’ve deleted now as image was not good. Anyway simple RSI and Auto Fib Retrace with only general CRYPTOCAP:BTC market understanding backing this. This isn’t finacial advice at all. It’s pure speculation this post and anything related to it. I’m
Not a finacial advisor and I will not be held accountable for anyone’s actions that I didn’t do.
Silver coiling price action support at 3600The Silver remains in a bullish trend, with recent price action showing signs of a continuation breakout within the broader uptrend.
Support Zone: 3600 – a key level from the previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 3600 would confirm ongoing upside momentum, with potential targets at:
3756 – initial resistance
3855 – psychological and structural level
3915 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 3600 would weaken the bullish outlook and suggest deeper downside risk toward:
3544 – minor support
3480 – stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the Silver holds above 3600. A sustained break below this level could shift momentum to the downside in the short term.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
GOLD – SMC ProTrading Breakdown Plan Next WEEK GOLD – SMC ProTrading Breakdown | Clinton Scalper | 4H Timeframe
XAUUSD is currently displaying clear institutional order flow behavior after a deep liquidity sweep at the end of July. Here’s a full breakdown using advanced SMC (Smart Money Concepts) methodology:
🔍 1. Liquidity Sweep at the Low
Price maintained a series of lower highs and bearish structure until it executed a classic liquidity grab between 3,270 – 3,290. This is a textbook move by Smart Money: sweep retail stop orders before initiating a reversal.
This zone aligned with:
✅ Untapped Fair Value Gap (FVG)
✅ Reversal Order Block (OB)
✅ Fibo 0.236 of the mid-term bullish leg
After the sweep, the market printed a micro CHoCH, indicating early signs of smart money accumulation.
🧠 2. CHoCH → BOS → Reaccumulation Structure
CHoCH (Change of Character) marks the first break in the bearish microstructure – suggesting a possible shift.
Then, price delivered a BOS (Break of Structure) around the 3,334 zone, confirming bullish intent.
Buy-side is now:
Positioned from a deep discount zone
Mitigating key inefficiencies
Targeting higher liquidity zones above current price
Price is currently reacting to a previous supply OB around 3,362.
📐 3. Institutional Order Flow & Target Zones
Now that price is in a key reaction zone, we prepare for two high-probability scenarios:
🅰️ Continuation Scenario (Reaccumulation)
A retracement to the 3,317–3,311 zone (Fibo 0.5–0.618) could offer a premium re-entry
This area is stacked with:
FVG
Order Block
Equal lows liquidity
🔼 From there, potential targets include:
🎯 TP1: 3,371 – previous imbalance zone
🎯 TP2: 3,392 – minor liquidity cluster
🎯 TP3: 3,429 – premium OB and high-liquidity zone
🅱️ Distribution Scenario (Bearish Rejection)
If price fails to hold bullish structure and forms a bearish CHoCH around 3,392–3,429
This would signal a distribution zone, and potential reversal back toward 3,290 support
🔂 4. Smart Money Flow Logic
“Smart Money doesn’t follow price. They lead price to liquidity.”
This chart reflects the complete Sweep → CHoCH → BOS → Mitigation → Expansion sequence. A classic SMC Pro model where:
Liquidity is engineered and swept
Structure is shifted
Price returns to mitigate institutional entries
Price expands into external liquidity
📌 Clinton Scalper Outlook:
We don’t chase reversals – we track the footprints of capital. The real edge is understanding where smart money is positioned, and aligning with their narrative.
🔔 Stay tuned for continued updates using this precise and probability-driven Pro SMC framework.
SILVER (XAGUSD): More Growth Ahead
It looks like Silver is going to continue growing next week,
following a strong bullish reaction to a key daily horizontal support.
The next strong resistance is 3748.
It will be the next goal for the buyers.
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JUP/USDT Retests Key Support! Bounce Incoming or Breakdown Ahead📉 Complete Technical Analysis:
The JUP/USDT pair is currently showing a critical price action after breaking out from a medium-term descending trendline (yellow diagonal line). However, the price is now retesting a major demand zone around $0.4200–$0.4574.
📌 Pattern Identified:
Descending Trendline Breakout: Price successfully broke above a long-standing bearish trendline.
Retest of Breakout Zone: The current move is a classic retest, often seen before a trend reversal continuation.
Strong Demand Zone: The yellow zone ($0.4200–$0.4574) has historically served as a strong accumulation and bounce area.
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📈 Bullish Scenario:
If the price holds and bounces from the $0.4200–$0.4574 zone, bullish momentum could resume with upside targets:
Short-term target: $0.6089
Next resistances: $0.7213 – $0.8075
A confirmed higher low above support would strengthen the bullish structure.
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📉 Bearish Scenario:
If the price breaks down below $0.4200, bearish pressure could return, leading to further downside.
Potential decline toward deeper support levels around $0.35–$0.30.
Breakdown with increasing volume would confirm seller dominance.
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🎯 Key Levels to Watch:
Support Zone: $0.4200 – $0.4574 (Critical Retest Area)
Immediate Resistance: $0.4883, $0.6089
Major Resistance Levels: $0.7213, $0.8075, $1.1158, up to $1.6576
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🧠 Conclusion:
JUP/USDT is currently at a crucial decision point. The reaction at this support zone will define whether the breakout holds or fails. Traders should watch this level closely for confirmation of the next major move.
#JUPUSDT #CryptoAnalysis #AltcoinUpdate #TechnicalAnalysis #CryptoBreakout #SupportAndResistance #TradingView #Cryptocurrency #ChartPattern #BullishSetup #BearishCase
DOGE 1H – Descending Into Demand, But Will Buyers Step Up Again?DOGE is approaching a key inflection point after a clean rejection from the previous supply zone (~0.23) and consistent lower highs. The descending trendline has acted as dynamic resistance, compressing price into a major demand zone that previously triggered a strong rally. If bulls step in here, we could see a breakout and retest of the overhead supply. However, failure to hold this zone opens up potential for a deeper move toward the mid-$0.18s.
📌 Key Levels:
– Resistance: 0.23 (supply zone)
– Support: 0.19 (demand zone)
– Structure: Lower highs into horizontal demand = potential spring or breakdown.
This is a classic make-or-break structure — momentum and volume will reveal the winner.
This Bitcoin 4-hour chart from TradingView shows multiple techni • Falling Wedge (early May) → Bullish breakout, target achieved.
• Bullish Pennant → Strong upward continuation.
• Rising Wedge (June) → Bearish breakdown, target met.
• Falling Wedge (mid-June) → Bullish breakout, target achieved.
• Bullish Pennant (late July) → Upward move toward the 140,000 target zone.
Currently, BTC is trading around 113,829, below recent highs, and near the dotted horizontal support zone from the last breakout.
CIRCLE Stablecoin Revolution Circle is more than a crypto firm—it’s building infrastructure for a regulated digital dollar economy. With transparent reserves, global licenses, deep financial integrations, and robust blockchain functionality, USDC is rapidly positioning itself as a cornerstone of future finance.
I see a longer term potential for a great investment opportunity given the coming banking revolution involving stable coins.
For a lower risk entry, after a nearly 40% decrease in less than a week, the stock price is currently supported at the VWAP from the original IPO release.
Should the trend continue higher, I would prefer to see a bounce here on the stock.