ETH Forming Bullish AB=CD Pattern | Eyes on Breakout #Ethereum (ETH) is showing strong bullish momentum on the 4H timeframe and is currently developing a classic AB=CD harmonic pattern, which often precedes a continuation of trend.
✅ Key Observations:
#ETH is holding within a solid uptrend structure
No signs of bearish divergence or reversal patterns yet
Momentum remains healthy, with buyers in control
🔍 What to Watch For:
We are closely watching the previous Higher High (HH) — currently acting as a key resistance level. A 4H candle close above this level will serve as confirmation for the continuation of the bullish trend.
📈 Trading Plan:
Once #ETH breaks above the resistance and confirms with a close, we’ll look to enter a long position with proper risk management and stop-loss placement below recent structure.
💬 What’s your bias on #ETH in the short term? Are you already long, or waiting for the breakout too?
📌 Don’t forget to Like, Comment, and Follow for more clean setups and strategy-based analysis!
#ETH #Ethereum #CryptoTrading #ABCDPattern #TechnicalAnalysis #Harmonics #TradingSetup #Breakout #PriceAction
Harmonic Patterns
JASMY/USDT – Potential Bullish Breakout Ahead?Hey traders! 👋
#JASMY is currently consolidating sideways on the 4H timeframe, right after completing a harmonic pattern – a strong technical signal often followed by a trend reversal or continuation.
🔍 What I’m Watching:
✅ Harmonic Pattern Completed: The recent price structure aligns well with a bullish harmonic setup.
🔄 Sideways Movement: Market is in accumulation, signaling potential energy buildup.
📈 Bullish Divergence forming on RSI/MACD (waiting for confirmation).
🚀 Key Resistance Level: If price breaks and retests this resistance, it could trigger a strong uptrend.
📌 Trade Plan:
We'll wait for confirmation:
Bullish divergence on 4H indicators.
Clean breakout and retest of the resistance zone.
Enter long with proper risk management (SL below recent swing low).
💡 Patience is key – no entry until confirmation.
💬 What do you think? Will #JASMY break out soon or continue ranging?
👇 Drop your thoughts in the comments!
❤️ Like if you find this helpful
📌 Follow for more clean setups and real-time updates!
#JASMY #CryptoTrading #HarmonicPattern #TechnicalAnalysis #BullishSetup #BreakoutTrade #Altcoins #TradingView #CryptoCommunity #TrendReversal #PriceAction #RiskManagement
Gold Pullback After Rally – Key Risk Zone at 3,340 in FocusHello dear traders, this is Lucas speaking!
After a prolonged period of accumulation, gold broke out and approached the key area around 3,400. However, the price quickly reversed as liquidity failed to follow through. The rally was sharply sold off, partly due to investor uncertainty amid a cloudy global economic outlook.
From my perspective, the market is reacting with surprising caution to geopolitical tensions in the Middle East. Although reports have emerged about U.S. airstrikes targeting Iran’s nuclear facilities, gold has failed to respond strongly—suggesting that investors are awaiting clearer economic signals such as PMI data from the U.S. and Eurozone, GDP figures, and the upcoming Fed statement.
This "half-hearted" environment has somewhat weakened gold’s appeal as a safe-haven asset, especially as Iran has yet to retaliate in any decisive way. As such, the market’s current focus remains a delicate balance between geopolitics and macroeconomic data.
From a technical standpoint, gold is currently trading above the 3,340–3,350 zone, which is considered a key buy area. A retest of liquidity may be underway, and if buyers can defend this zone, a move back toward 3,400 is very much on the table. On the flip side, if the reaction around 3,340 is weak and support breaks down further, a decline toward 3,300 could become likely. However, if we see a false break followed by a strong rebound and breakout of the bullish structure, that would serve as an early signal for another upward leg.
Warm regards,
Lucas_Reid
SDJPY BULLISH OR BEARISH DETAILED ANALYSISUSDJPY has successfully broken out of the symmetrical triangle structure that has been forming since early April, with today’s daily candle showing strong bullish momentum above the resistance zone around 147.500. The breakout is clean and backed by volume, which suggests that bulls are in full control. Price action is respecting the trendline structure and has now confirmed a fresh higher high, setting the stage for the next bullish leg. My immediate upside target for this move stands at 157.900.
Fundamentally, the divergence between the Federal Reserve and the Bank of Japan continues to widen. The Fed remains hawkish with inflation still sticky in the US and interest rate cuts being pushed further out. In contrast, the Bank of Japan remains ultra-dovish, with no major policy tightening in sight and continued yield curve control. This policy mismatch is keeping the Yen under consistent selling pressure. Additionally, Japan's core inflation slipped again this week, further reducing the probability of any BOJ rate hike this quarter.
The technical breakout aligns perfectly with the macro narrative. A strong bullish candle breaking structure on the daily suggests momentum will likely continue. With no strong resistance until the 157.900 area, this setup offers a high-conviction long opportunity. Traders should watch for minor pullbacks toward 147.000–146.800 as potential re-entry or add-on zones.
With rising US bond yields, weak Japanese fundamentals, and breakout confirmation on the chart, USDJPY is now well-positioned for a continuation rally. This is a trend-following setup with solid fundamentals and momentum confirmation—ideal conditions for a profitable move in the current forex environment.
U
Safe-Haven Flows Lift Silver Near $36.10Silver (XAG/USD) rose near $36.10 on Monday, snapping a three-day losing streak as rising Middle East tensions increased safe-haven demand. The gain followed US airstrikes on three Iranian nuclear sites Sunday. Iran vowed to respond, while Trump warned any retaliation would be met with greater force.
Escalation risks continue to support silver. Additionally, Fed Governor Waller signaled a possible rate cut as early as July. Dovish Fed comments and lower rates tend to increase silver demand by making it more affordable globally.
The first resistance is seen at 37.50, while the support starts at 35.40.
Trump’s Strike on Iran Lifts Dollar, Weighs on EuroEUR/USD dipped to around 1.1480 in early Asian trading Monday as the dollar strengthens following President Trump’s decision to join Israel’s war on Iran, escalating the conflict. Over the weekend, US forces struck three Iranian nuclear sites; Fordo, Natanz, and Isfahan. Trump claimed the facilities were “totally obliterated” and warned of harsher attacks unless Iran seeks peace. The escalation supports safe-haven demand for the dollar, pressuring EUR/USD.
Meanwhile, the ECB cut rates for the eighth time this year but signaled a pause in July. President Lagarde said cuts are nearing an end, which may help limit euro losses.
Resistance is located at 1.1530, while support is seen at 1.1450
GBPUSD: The Bearish Setup Remains IntactGBPUSD: The Bearish Setup Remains Intact
From our previous analysis we can see that GBPUSD remains bearish despite not having broken down yet.
The war is not affecting the strength of the US dollar and may perhaps become stronger at a time when we expected the US dollar to show slight weakness given that the war could become more serious.
However, as I have explained before, this is not the first time that the US has been involved in a war.
You may watch the analysis for further details
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Yen Falls Despite Japan’s Manufacturing ReboundThe yen fell past 146 on Monday, its lowest in over five weeks, as the US dollar gained on safe-haven demand after US airstrikes on Iranian nuclear sites escalated Middle East tensions. Domestically, Japan’s manufacturing sector grew in June for the first time since May 2024, and services expanded for a third straight month, showing economic resilience.
The key resistance is at $148.15 meanwhile the major support is located at $146.15.
BITCOIN Is this just a giant Bull Flag??Bitcoin (BTCUSD) saw a strong sell-off yesterday in the aftermath of the U.S. strike in Iran and fears of retaliation, but in later hours recovered some of the lost ground. The recovery is being extended into the Asian and early E.U. hours today and the emerging Channel Down pattern already draws strong similarities with the one in December 17 2024 - January 13 2025.
Both broke below their respective 1D MA50 (blue trend-lines) to form a Lower Low, which in the case of Jan 2025, it initiated a rebound that tested the All Time High (ATH) Resistance. See also how similar their 1D RSI patterns are, testing the same Support level too (41.20).
Given that this time the uptrend has been much shorter since the April 07 2025 Low, this Channel Down may be nothing but a giant Bull Flag in the middle of a standard Bull Cycle Leg. Until confirmed with a 1W candle closing above the ATH Resistance though, the medium-term Target is $111900.
Notice also the formation today of a 1D MA100/200 Bullish Cross, the first since November 13 2024.
So what do you think? Is $111900 your short-term Target? Feel free to let us know in the comments section below!
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Gold price 15 days, will the gold price rise or fall?
📣 Macroeconomic data and central bank policies
1. Iran launched a large-scale missile attack on Israel: This morning, Iran launched about 27 to 30 ballistic missiles at Israel, targeting Tel Aviv, Haifa and Ben-Gurion International Airport. Israel's "Hammer" air defense system intercepted multiple incoming missiles, but still caused about 20 to 86 injuries, and some residential houses and infrastructure were damaged. Subsequently, the Israeli Air Force launched a retaliatory strike on military targets in western Iran, destroying two Iranian F-5 fighters and multiple missile launchers and military bases. The large-scale military conflict between the two sides further exacerbated tensions in the Middle East.
2. Iran plans to block the Strait of Hormuz, a major oil route in the Middle East: After the United States bombed Iran's nuclear facilities, the Iranian parliament immediately approved the closure of the Strait of Hormuz, and is currently awaiting approval from the highest authority. The Strait of Hormuz is known as the mouthpiece of oil. About a quarter of the world's seaborne crude oil trade passes through this place, and the oil exported by the Gulf countries through the strait accounts for 20%-25% of the world's total oil output. Once the Strait of Hormuz is blocked, the global oil supply will be severely impacted, triggering violent fluctuations in the energy market. This will not only exacerbate inflation expectations, but also make the economic outlook more uncertain. In this case, gold, as an important tool to combat inflation and economic uncertainty, will significantly increase its attractiveness, which may trigger a large number of investors to buy, thereby driving up gold prices.
3. The Fed maintains interest rates unchanged, and internal differences increase: In the early morning of June 19, Beijing time, the Federal Reserve announced that it would maintain the target range of the federal funds rate at 4.25%-4.5%, which is the fourth consecutive month that it has maintained this interest rate level. In this statement, the unemployment rate was slightly adjusted. Although the uncertainty of the economic outlook has been reduced, it is still at a high level. The dot plot shows that the Federal Reserve maintains its forecast of two interest rate cuts this year, but has raised the median forecast for the interest rate in 2026. Judging from the attitude of officials, the number of people who support two rate cuts this year is basically the same as those who support maintaining the current interest rate, which indicates that the differences within the Fed on the direction of monetary policy are increasing.
🎈Technical factors
Support and resistance From the technical chart, gold currently forms a double bottom support at 3340 in the hourly cycle, showing that this position has a certain support strength. If the gold price can hold the 3340-3350 first-line support in the next 15 days, it is expected to rebound on this basis. The short-term resistance above is 3385-3390, which is the previous trading concentration area. If gold can break through this resistance level, the long volume will really start to exert force and look further to a higher position. If the gold price falls below 3340, the key support level, it may trigger further selling, and the bottom may test $2941.
Gold price trend forecast and operation suggestions for the next 15 days:
Based on the above factors, there are several possibilities for the gold price trend in the next 15 days:
Optimistic outlook (probability 40%)
If geopolitical conflicts further escalate or US economic data, such as consumer confidence, are not as expected, leading to further strengthening of the Fed's interest rate cut expectations, gold prices are expected to stabilize and rebound around $3340-3350, and retest the previous high of $3450-3470. In terms of operation, investors can buy on dips when the gold price falls back to the support level, set a reasonable stop loss, and look at the resistance level.
Neutral scenario (probability 50%)
The price remains in the range of $3350-3385, waiting for the Fed's policy signals and macroeconomic data to guide the direction. In this case, investors can adopt a high-sell-low-buy operation strategy, buy at the bottom of the range, and short at the top of the range, strictly control positions and stop losses, and avoid large losses due to emotional fluctuations.
Pessimistic scenario (10% probability)
If the US economic data is strong, indicating stable economic growth, or the geopolitical risks suddenly ease, and the market risk aversion sentiment cools down significantly, the gold price may fall below the key support level of $3,340 and seek support at $2,941. At this time, investors should stop losses in their long orders in time, and even consider shorting at highs, but pay attention to market changes and control risks.
Overall, the gold market is full of uncertainty in the next 15 years. When investing in gold, investors must pay close attention to changes in macroeconomic data, central bank policies and geopolitical situations, combine technical analysis, reasonably control positions, set stop losses, and make investment decisions with a profit-taking spirit.
Xauusd market update The chart you've shared is a 2-hour price chart for CFDs on Gold (US$/OZ) and presents a bearish setup. Here's a detailed breakdown of the analysis:
---
📉 Pattern Overview:
The price is currently moving within a descending channel (highlighted in blue).
A bearish flag or descending parallel channel is clearly visible, indicating continuation to the downside.
There is a clear lower high and lower low structure, reinforcing the bearish sentiment.
---
⚠️ Key Zones:
Yellow zones mark key support levels.
First support zone around 3,320 (minor support).
Second, stronger support zone around 3,290.
The upper red box (near 3,401) indicates a stop-loss region.
The green box shows a take-profit target area, aligned with the support.
---
📊 Trade Setup Indicated:
Entry: Around current price (~3,357).
Stop-loss: ~3,401 (above the recent high).
Take-profit: ~3,290 zone (support zone below).
Risk-to-reward ratio (R:R): Favorable, likely around 1:2 or more.
---
🔔 Fundamental Overlay:
Icons at the bottom (flags and lightning bolt) show upcoming U.S. economic events, which could add volatility and may impact gold price action — something to watch closely before entering.
---
✅ Summary:
This is a bearish trade setup expecting a breakdown from the channel and a move toward the 3,290 support. It’s a technically sound setup assuming no major reversal catalyst from the U.S. economic events shown.
Would you like an updated version with live prices or to run a backtest on this pattern?
THE KOG REPORTTHE KOG REPORT:
In last week’s KOG Report we said we would be ideally be looking for the market to open, give us a high into that red box region 3455-60 and then give the reaction we wanted for the short trade. We didn’t quite hit that level falling just shy, but the move did present itself and as you can see all the bearish below red box targets were completed as well as KOG’s bias of the week targets which was bearish below 3465.
We then posted the FOMC KOG Report in which we suggested looking for price to continue the move as long as the bias level stood, which it did and we got another move downside, but again, falling just shy of the level we wanted to then attempt that swing long.
So, what can we expect in the week ahead?
As we suggested on Friday, it would be a good idea for traders to be sitting neutral on the markets with minimum to zero exposure anticipating gaps and glitches across the markets on open. This news was expected so those who played discipline should be cash in account, which is also a position in the markets.
We have key levels now 3350-55 support with extension 3340 which will need to break downside for us to go lower, while support there should take us up towards the 3385-90 level initially, which is the level to look for a potential RIP for the scalp short. This will give us the flip, red box activation 3380-75 which if held should allow us to complete the move to break through the 3400 level with red box target 3445 and above that 3451. This is based on there being a completely aggressive move from the open upside.
On the flip, break below key level here 3335 and 3320 is the first level to consider which will continue the path we wanted from last week. Ideally, not for this news and potential for this to spike upside, we would have stuck with the plan from last week. Difference now, we need more buyers higher up and a potential test on that high again.
Key Levels:
Red box defence 3375-80, needs to be broken
Red box defence 3350, needs to be broken
KOG’s bias of the week:
Bullish above 3340 with targets above 3375, 3390, 3395 and above that 3410
Bearish on break of 3340 with targets below 3330, 3320, 3310, 3306 and below that 3298
RED BOX TARGETS:
Break above 3375 for 3378, 3390, 3395, 3406, 3410 and 3419 in extension of the move
Break below 3365 for 3355, 3350, 3340, 3336, 3330 and 3323 in extension of the move
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
AAPL Daily – Key Breakout Zone AheadWe're currently sitting at the lower boundary of a large descending channel on AAPL in the daily timeframe.
After completing what appears to be a 5-wave Elliott bearish structure, the price made a strong bullish rebound. Since then, it has been consolidating in a mid-range zone, forming an ascending triangle, which could signal a continuation of the recent bullish move.
At the current price level, we can identify two key bullish patterns:
An ascending wedge (or "púa")
An ascending triangle
Both patterns are developing around the 0.78 Fibonacci retracement level of the last major bearish impulse — a critical zone. A breakout above this level could imply structural damage to the previous downtrend and open the door to a potential long setup.
🎯 Target zone: 232.00 – 235.00
Keep an eye on volume and breakout confirmation.
USDCAD possible bullish reversal for 1.3960#usdcad weekly key reversal bar, made a new low, closed off the high, early indication for reversal. It's better to wait for correction 61.8 fib level, 79.0 fib level and 79.0 fib level to reduce/secure drawdwon i.e. 1.3622-1.3585 is the area of interest for long trade. stop loss below key reversal bar i.e. 1.3520. target level: 1.3960
Technical Analysis (KASPA/USDT - Daily Chart)Technical Analysis (KASPA/USDT - Daily Chart)
Trend & Structure Overview
KASPA has been in a prolonged downtrend after peaking near $0.22.
The Elliott Wave structure indicates a completed (A)-(B)-(C) correction pattern after a prior bullish wave (4).
Price is currently testing a triple bottom structure near $0.060–$0.065, highlighted by orange circles. This zone has previously acted as strong support.
Key Support and Resistance Levels
Type Price Zone (USDT)
Strong Support $0.060 – $0.065
Intermediate Resistance $0.080 – $0.085
Major Resistance $0.100 – $0.105
Upper Resistance Zones $0.120, $0.140, $0.160, $0.180, $0.200
The price is currently bouncing from the lower bound of this key support zone.
Indicators Summary
RSI (14):
Current: ~32.2 → Approaching oversold territory, signaling potential reversal or bounce.
Stochastic RSI:
Current: ~19.3 and crossing up, suggesting a bullish reversal signal forming.
Money Flow Index (MFI):
Value: 23 → Indicates weak inflows, but any spike could confirm a bottom formation.
VMC Cipher B:
Multiple green dots and momentum waves bottoming → Suggests bullish divergence and possible accumulation.
Volume:
No clear breakout volume yet, but prior bounce zones had relatively stronger support volume.
Trading Plan for KASPA/USDT
Entry Strategy
Primary Long Entry Zone: $0.060 – $0.065 (Current support region)
Entry Confirmation:
RSI holding above 30
Stochastic RSI bullish cross
Price maintaining above $0.065 on a daily close
Targets (Take Profit Levels)
TP Level Price Target (USDT) Rationale
TP1 $0.080 Nearest horizontal resistance
TP2 $0.100 Psychological level & prior S/R
TP3 $0.120 Top of major cluster
TP4 $0.140 – $0.160 Mid-term swing high zone
Stop-Loss Strategy
Conservative SL: Below $0.058 (breakdown of key support)
Aggressive SL: Below $0.0615 (to avoid wicks)
Risk/Reward Assessment
Risk from entry ($0.065) to SL ($0.058): ~10.8%
Potential reward to TP1 ($0.080): ~23%
R/R Ratio to TP1: ~2.1
R/R to TP3 ($0.120): ~8.5+
Alternative Scenarios
If KASPA breaks below $0.058 with volume:
Re-evaluate long positions
Possible next demand zone: $0.040 – $0.050
If volume increases on the bounce and breaks $0.085:
Add to position or open swing trade toward $0.100+
Summary
Current Bias: Cautiously Bullish
Setup Type: Support Bounce / Reversal Play
Key is holding above the triple bottom, while indicators point toward a possible short-term trend reversal.
Watch volume and momentum confirmation closely.
XAU/USD Price Action Update – June 23, 2025📊 XAU/USD Price Action Update – June 23, 2025
🔹Current Price: 3,351.86
🔹Timeframe: 1H
📌 Key Demand Zones:
🟢 3344–3347 – Active demand zone, currently being tested
🟢 3315–3225 – Major higher-timeframe demand
🟢 3293–3308 – Extreme demand base (last defense)
📌 Resistance to Watch:
🔺 3380 – Short-term breakout level for bullish continuation
⚡️Bullish Scenario:
Price is testing the 3344 demand zone with a possible bounce setup. A 1H close above 3380 could confirm a bullish reversal toward 3400–3420 levels.
⚠️Bearish Scenario:
Break and hold below 3344 may lead to deeper downside toward the 3315–3300 zone before any significant reaction.
🔍 FXFOREVER Insight:
✅ Price is sitting on strong support
✅ Watch for bullish engulfing or BOS from this zone
✅ Patience needed — let price confirm with structure shift
#XAUUSD #GoldForecast #FXFOREVER #SmartMoneyConcepts #PriceAction #DemandZone #ForexSetup #IntradayTrading