Chart Patterns
Bearish drop for the Cable?The price is rising towards the pivot and could drop to the 1st support which is a pullback support.
Pivot: 1.3632
1st Support: 1.3503
1st Resistance: 1.3693
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EUR-NZD Strong Uptrend! Buy!
Hello,Traders!
EUR-NZD is trading in a
Strong uptrend along the
Rising support so we are
Bullish biased and we will
Be expecting a further
Bullish move up
Buy!
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Mastercard Could Face ResistanceMastercard fell hard in June on the threat of stablecoin competition. Now, after a rebound, some traders may expect another push to the downside.
The first pattern on today’s chart is the selloff that began on June 13 when the Wall Street Journal reported that major retailers were considering stablecoins as an alternative to credit-card payment systems. Another drop came the following week after the U.S. Senate passed the GENIUS Act regulating stablecoins.
The stock recovered in the second half of June but it halted at the post-drop closing high of $569.45. Has new resistance emerged?
Third, prices could be stalling at the 50-day simple moving average. The 8-day exponential moving average (EMA) is additionally below the 21-day EMA. Those signals may reflect weakening intermediate- and short-term trends.
Fourth, stochastics have reached an overbought condition.
Finally, this month’s lower high could potentially represent the start of a new falling channel. Such a pattern could make investors expect a lower low closer to $500.
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Eth looks ready to meThe range is going to break soon, price looks primed to test 3200 area. Lots of wicks cleared overhead resistance. My plan is to take 25% off at 3200 and let the rest run. I like Eth to hit ATH by around Thanksgiving. On the TD indicator (momentum), eth is hitting green 2s on a lot of bigger timeframes, this is not something that happens too often. Last time i came across such a confluence it was Zoom pre-covid.
Ethereum / U.S. Dollar 4-Hour Chart (BINANCE)4-hour candlestick chart displays the price movement of Ethereum (ETH) against the U.S. Dollar (USD) on the BINANCE exchange. The current price is $2,740.99, reflecting a +$124.74 increase (+4.77%) in the last period. The chart includes a buy/sell indicator with no current activity (0.00), a resistance zone highlighted in pink, and a support zone in light green. The price has recently surged, breaking through the $2,740.99 level, with additional price points ranging from $2,400.00 to $2,949.06 shown on the right axis. The time frame spans from late June to July 10, 2025.
USD-CHF Bearish Flag! Sell!
Hello,Traders!
USD-CHF is trading in a
Downtrend and the pair broke
Out of the bearish flag so
We are bearish biased
And we will be expecting
A further bearish move down
Sell!
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
KSE-100 ANALYSIS 09 JULY 2025
🔍 TECHNICAL ANALYSIS: KSE-100 INDEX | 09 JULY 2025
The index recently pierced the 132,700 level, which appears to be a spring below support, rather than a confirmed breakdown. Based on the current structure, we expect a bounce from these levels. However, if the index closes below 132,390 (the BRD level marked in red) on a 1-hour timeframe, a deeper retracement is likely, with the breakout level at 131,300 as the next key support.
Support Level: Rs. 131,300
Crucial Level to Watch (BRD): Rs. 132,390
Target Prices:
Immediate TP: Rs. 136,300
Further Targets: As previously highlighted
📌 Watch for confirmation around 132,390. A sustained move above this level may resume the upward trajectory, while a breakdown could lead to corrective price action.
MeghaHorn or BowTie Pattern !!!Key Observations:
Pattern Formation:
A broadening wedge or megaphone pattern (also likened to a bow tie) is forming.
Price is oscillating between expanding trend lines.
Labeled waves: 1, 2, 3, 4, 5 within the pattern.
Critical Zones:
Buy Above: $2,815.98 (upper boundary of the wedge).
Sell Below: $2,258.03 (lower boundary of the wedge).
No Trading Zone: Between $2,258 – $2,815 (uncertainty/consolidation area).
Price Target:
If price breaks below, Target 1 is indicated around $1,800 or below (implied from structure).
Current Price:
Trading at $2,748.56, up +5.05%, within the “No Trading Zone”.
Summary:
The chart suggests waiting for a breakout or breakdown from the wedge pattern to determine the next move. A breakout above $2,815 could signal a buy opportunity, while a breakdown below $2,258 could trigger a sell with a potential target near $1,800.
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DXY Holds Above Channel Support: Next Leg Higher?Hey Traders,
The U.S. Dollar Index (DXY) is consolidating just above a strong support cluster around 97.325, aligned with ascending channel structure and historical demand. Price action is suggesting a potential bullish continuation if this support zone holds firm.
Current Market Conditions:
* DXY is trading within a well-defined ascending channel, maintaining higher highs and higher lows.
* Price is currently hovering above the 97.325 key support area and mid-channel dynamic trendline.
* Recent candles show rejection from the lower boundary of the bullish channel, indicating buyers may be stepping in again.
* Structure remains bullish unless price closes decisively below 97.325.
Fundamental Analysis/Outlook:
The dollar remains buoyed by persistent inflation pressures and Fed Chair Powell’s continued hawkish tone. Markets are pricing in fewer rate cuts in the near term, reinforcing USD strength. Today’s USD resilience is also supported by mild risk-off sentiment ahead of U.S. CPI data and Powell’s congressional testimony, which could further move the greenback.
Targets:
* TP1: 97.756
* TP2: 98.085
* TP3: 98.373
Risk Management:
* Stop-loss: Below 97.325 to invalidate bullish structure.
* Risk-to-Reward (R\:R): Minimum 1:2 setup. Consider adjusting position size based on support behaviour and macro event volatility.
Technical Outlook:
* Price needs to hold above 97.421–97.325 zone to maintain bullish bias.
* Watch for bullish engulfing or momentum candles as confirmation for long setups.
* A break above 97.630 could accelerate the rally toward higher resistance at 98.373.
Conclusion:
DXY is at a decision point. If bulls maintain control above 97.325, the index could push higher toward the 98.00+ zone. Keep an eye on U.S. economic data and Fed commentary for directional confirmation.
Sign-off:
“In markets, clarity often lies just beyond the fear. Trade the levels, not the noise.”
💬 Let me know your thoughts in the comments, and don’t forget to boost and follow for more insights. Trade safe!
Bitcoin / U.S. Dollar 4-Hour Chart (BTCUSD)4-hour candlestick chart displays the price movement of Bitcoin (BTC) against the U.S. Dollar (USD) from late June to early July 2025. The current price is $108,895.04, with a 24-hour change of +$619.70 (+0.57%). Key levels include a support zone around $107,278.58 and a resistance near $110,908.05. The chart highlights recent price action, including a potential upward trend indicated by a green shaded area, with buy and sell signals marked at $108,895.04.
Google: Upcoming TopWe locate Google in turquoise wave 2 (of a downward impulse). In more detail, we see the stock developing a complex - - - pattern and expect turquoise wave 2 to conclude imminently with wave . All the while, the price should maintain a safe distance from resistance at $209.28. Looking ahead to turquoise wave 3, we anticipate sell-offs down into our magenta Target Zone between $123.92 and $98, before wave 4 likely triggers a temporary rebound up to the $138.35 level. Ultimately, the entire turquoise downward impulse should bottom out again in the magenta zone, which would also mark the completion of waves (C) in magenta and in green. Since a new larger upward phase should begin afterward, the magenta zone presents an opportunity to establish long positions. However, if Google were to break above the $209.28 resistance next, we would have to expect a new high for magenta wave alt.(B) —which would only temporarily postpone the anticipated sell-off though (probability: 24%).
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EUR/USD Bullish Setup from Key Support📈 EUR/USD Bullish Setup – Targeting 1.18500
Timeframe: 4H
Pair: EUR/USD
💡 Analysis:
The market is currently showing strong bullish momentum with clear support zones holding price action. After a healthy retracement, price is reacting well around the recent support level near 1.16800. If this level holds, we can anticipate a bullish continuation toward the target resistance zone at 1.18500.
🔶 Support Levels:
1. 1st Support Area: ~1.16800 – Recent consolidation and strong reaction zone
2. 2nd Support Area: ~1.15800 – Previous breakout level
3. 3rd Support Area: ~1.14300 – Major structure support
🎯 Target Point:
• 1.18500 – Major resistance and previous swing high
📊 Trade Idea:
We are looking for a bullish move from the current price level (~1.1700) toward the resistance at 1.1850. If price respects the nearest support zone, long entries with proper risk management could be favorable.
TOM LEE leading the charge in this new BULL MarketThank you for providing excellent analysis,
being on the right side of the trade
and helping retail with your public speaking on your own channel, podcasts, and of course CNBC.
I wish you continued success in you Granny shots ETF which is already over $1.5 Billion in AUM!
Btcusd techinical analysis.This BTC/USD 1-hour chart suggests a bullish breakout scenario. Here's a breakdown of key technical signals:
Key Observations:
1. Price Level: Current price is $109,582.1, with a recent rise of +0.59%.
2. Resistance Zones (Purple Boxes):
First resistance near $109,800 – $109,900.
Second (minor) resistance around $109,300 – $109,400.
Price is testing the upper resistance zone now.
3. Bullish W Pattern:
A sharp drop and recovery formed a “W” pattern—common before breakouts.
The neckline of this W is being challenged.
4. Trendline Breakout Projection (Blue Arrows):
The chart suggests a breakout projection towards $110,300 – $110,400.
This is based on the upward trajectory from the recent swing low.
5. Support Zone (Lower Purple Box):
Support established at $109,150 – $109,250.
If price
GOLD PULLS BACK TO TREND LINE AND RE-ENTERS BUY ZONE!Hey Traders so looking at Gold right now seems like we are consolidating at 3310 looking for direction. However I think the trend is still up because if you look close at support levels 3240 it has rejected that level twice.
Of course markets can flip on a dime when something unpredictable happens in this tariff driven environment so we still need to be cautious.
Seasonally Gold Rises in the Summer from a historical standpoint. But watch out to see what happens at todays FED meeting.
So if your Bullish this is the place to buy cautiously consider small position on an aggressive entry and put stop below 3230 which looks like it could be good level.
Or if conservative wait until after FED meeting to see how market reacts off this level and they buy again on a pullback if market reacts positive.
However if Bearish I would wait for a daily close and break below 3215 or 3200 before considering selling.
Good Luck & Always use Risk Management!
(Just in we are wrong in our analysis most experts recommend never to risk more than 2% of your account equity on any given trade.)
Hope This Helps Your Trading 😃
Clifford