Technical Analysis – TSLAChart Summary:
Current Price: ~$349.21
Local Top: ~$357.53 (100% Fib extension)
Bearish Rejection: Notable wick + retrace from 0.886–1.0 zone
Probable Pullback Zone: 343.00–338.50 (Fibonacci 0.618–0.5 retracement)
Major Support Levels:
$334.50 – Prior key horizontal + Fib confluence
$311.62 – Historical demand zone
Projection:
Intraday double-leg correction toward $338–$343
Possible bounce and continuation toward the golden target zone:
$366.47 (1.236 Fib)
$374.16–$380.95 (1.618 zone)
🌍 Macro Alignment
Bullish backdrop:
Tech sector leading broader rally
Tesla’s robotaxi and AI narrative lifting sentiment
Oil down → margin relief for EV production
Catalysts this week: Powell testimony, PCE inflation
📈 Trading Plan
Type Direction Entry Target(s) Stop Loss Confidence
Intraday Bearish $352–$353 rejection zone $343 → $338.5 Above $357.5 🔶 Medium
Swing (Buy the dip) Bullish $338–$334 zone $366.47 → $374.16 Below $330 🟢 Strong
📌 Suggested Strategy
Scalp short if rejection at $353.2–$357.5 confirms with bearish candle on volume.
Add long exposure if price consolidates or reverses from the $338–$334.5 support area.
Monitor Powell’s remarks – Any dovish tilt could accelerate tech upside.
TSLA sentiment remains strong, but intraday shakeouts are expected.
✍️ Summary Signal
“TSLA remains bullish on a swing basis, but intraday looks set for a Fibonacci pullback to $338–$334. Buy dips if structure holds. Macro backdrop (robotaxi + Fed pause) supports continuation to $366–$374.”
Community ideas
Excellent session yesterdayAs discussed throughout my yesterday’s session commentary:” My position: Besides all Fundamental factors / escalation, Gold isn't soaring as one could expect. Therefore I will continue Scalping #3,352.80 - #3,377.80 Neutral belt and will Trade the break-out. #3,352 towards #3,327.80 or #3,377.80 to the upside however with DX rising, I give more probabilities to the downside.“
I have firstly engaged many Scalping orders from #3,377.80 - #3,382.80 Scalp re-Buy zone towards #3,392.80 and closed all with Profit. Then late U.S. session delivered #3,352.80 benchmark test which I re-Bought in repetition and closed my Scalp orders on #3,358.80 - #62 belt. Also my Selling Swing projection was delivered (#3,327.80 test).
Technical analysis: Gold is taking strong Intra-day hits in form of Three Black Crows candlestick formation and most likely Selling sequence is not stopping here. The Hourly 4 chart’s Resistance cluster has rejected the Price-action twice already which gives a updated Targets with a potential extension towards #3,200.90 psychological benchmark if #3,322.80 - #3,327.80 Support zone gives away. Only if #3,352.80?mark breaks to the upside and market closes (especially Weekly (#1W) closing) above, I will contemplate Buying the market as at the moment / Hourly 1 chart’s reveals no clues nor configuration is not worth entering / only Sell orders both Scalp / Swing are suitable. I don't expect today’s session Fundamental reports to be relevant, as I await Support extension test (Selling on every local High’s) due ceasefire talks / deal.
My position: I will Sell every High’s on Gold especially if #3,352.80 benchmark is not recovered waiting for #3,300.80 benchmark test.
Gold prices rebounded weakly after a sharp plunge!After Trump announced that Israel and Iran had reached a comprehensive ceasefire agreement, market risk aversion significantly cooled, and gold prices plunged by more than $30 in early trading. From a technical perspective, the moving average system of gold's daily chart shows an intertwined state, with relatively balanced bullish and bearish forces. Currently, the key resistance above is near 3350, which is an important psychological threshold. If effectively broken through, it may open up an upward space; the support level below focuses on the 3285-3290 range, which is the lower edge of the May platform (shock platform). If broken, it may exacerbate pullback pressure. The loss of the middle 轨 (middle track) in the 4-hour chart further confirms the short-term weak structure, providing technical support for the downward trend. It is recommended to go long near 3285-3290 during the pullback in the evening, but currently, gold continues to decline following the trend.
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Trading Strategy:
buy@3290-3295
TP:3335-3340
Gold prices rebound weakly after sharp fallFrom a technical perspective, the gold daily moving average system is intertwined, and the long and short forces are relatively balanced. The current key resistance above is near 3350, which is an important psychological barrier. If an effective breakthrough is achieved, it may open up the upward space; the support below focuses on the 3285-3290 line, which is the lower edge of the May oscillation platform. If it falls below, it may increase the pressure of the correction. The loss of the middle track in the 4-hour chart further confirms the short-term weak structure and provides technical support for the downward trend. It is recommended to go long near the 3285-3290 level. At present, gold continues to fall in line with the trend.
Operation strategy:
1. It is recommended to go long in the 3287-3292 area of gold, with a stop loss at 3280 and a target of 3320-3340.
GBPUSD UPDATEGBPUSD pushed clean and fast, but skipped my entry with no real pause. Structure’s still rising, candles stayed tight, but volume started to fade mid-push.
Feels like early buyers got paid — now it’s baiting the late ones 🧠
Waiting on a pullback that makes sense. Letting it come to me.
⚡
Still tracking GBPUSD from last week’s post.
Gold Holds the Line – Will It Break Above $3,500?Gold continues to maintain its long-term uptrend after a technical pullback toward dynamic support around $3,325, aligning with both the EMA34 and the rising trendline.
If price rebounds from this zone and breaks above the key resistance between $3,460 and $3,500, a strong rally toward $3,600 could unfold in the medium term.
However, upcoming U.S. economic data—including GDP and the Fed’s preferred inflation gauge, Core PCE—will be critical in determining whether gold has the momentum for a breakout or remains in consolidation.
Are you holding gold, or waiting on the sidelines?
Potential bullish rise?DAX40 (DE40) is reacting off the pivot and could rise from this level to the 1st resistance which aligns with the 78.6% Fibonacci retracement.
Pivot: 23,602.60
1st Support: 23,390.34
1st Resistance: 24,148.42
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CADCHF: Bullish Harmonic Pattern - Shor-Term Trade SetupCADCHF: Bullish Harmonic Pattern
CADCHF completed a bullish harmonic pattern near to a strong resisntace zone.
The chances are that we can see the price to rise the bullish volume more during the coming hours.
Remains a bit strange the fact that SNB it's not giving up from manipulating the forex market but probably they will try to be more careful now that the U.S added them on the back list as Market Manipulators.
The price may rise in the short term and CADCHF could reach 0.5930 and 0.5960
You may find more details in the chart!
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.
CADCHF SELL
🚨 **CAD/CHF: Strong downtrend despite fundamental divergence!**
The pair keeps dropping, but a correction could offer a better short entry. Here's my full breakdown 👇
🔎 **CAD/CHF Analysis – Ongoing Tech/Fundamental Divergence**
📉 The trend on **CAD/CHF** remains clearly bearish and has been intact for several weeks. We’ve broken key levels multiple times, notably **0.61990**, which was retested and then broken again. Most recently, a short-term support around **0.59600** has also been breached, reinforcing the bearish momentum.
🕵️♂️ I’m currently watching for **a corrective move** to get a cleaner entry for shorts. However, **client sentiment is largely short**, which isn’t ideal if we expect an immediate continuation — risk of overcrowding.
📊 On the **fundamental side**, rate differentials favor the Canadian dollar, but the **Swiss franc remains highly attractive**, especially in a risk-off environment. That’s where things get tricky: **technicals are strongly bearish**, yet **fundamentals would suggest a potential rebound for CAD/CHF**.
🔁 For now, **there’s no clear technical trigger** for a long-term bullish reversal. As long as that remains the case, I maintain a **bearish bias**, waiting for a potential pullback to re-enter short.
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\#Forex #CADCHF #TradingView #TechnicalAnalysis #FundamentalAnalysis #BearishTrend #CarryTrade #SwissFranc #CanadianDollar #FXMarket #BreakoutTrading #RetailSentiment #TechFundDivergence
The golden storm is coming again, are you ready?Gold rebounded after falling back to 3333 in the first wave, and then rebounded to 3357 in the second wave before falling again, breaking through the previous low of 3333 and accelerating down to 3316. Currently, the short-term trend has stabilized in the 3316 area, which is also the support level for multiple rebounds in the previous period. After continuing to fall today, it has not broken through. We have arranged long orders in the 3316-3317 area in advance and have taken profits near 3331. Gold rebounded after stepping back again. Our long order plan is still in position. If the subsequent rebound breaks through the 3333 line, it is expected to further rise to the 3340-3348 area. We will try to short in this area.
In the short-term structure, the upper resistance focuses on the 3340-3348 area, and the lower support focuses on the 3310-3315 area. 3300-3305 is the watershed between the strength of long and short positions in the short term. The daily level is still under pressure as a whole, and the main idea of high altitude continues.
Gold operation strategy: short gold when it rebounds to around 3340-3348, target the 3330-3320 range.
# Niftydirections and levels for June 24:Good morning, Friends! 🌞
Here are the market directions and levels for June 24:
Market Overview
Due to ongoing global issues, the markets are showing high volatility. Structurally, both the global and our local markets are still moving within a range.
However, Gift Nifty is indicating a strong gap-up of around 250 points.
So, what can we expect today?
In the previous session, both Nifty and Bank Nifty witnessed sharp ups and downs. Even with those swings, they still ended within a range.
However, today’s gap-up might break that previous range—if it holds.
We should wait for clear confirmation before expecting any continuation.
That means, if the market breaks the resistance with a solid candle or consolidates around the resistance zone, we can expect the rally to continue.
On the other hand, if the market faces rejection at the resistance, it may re-enter the range and move back within the channel.
Let’s look at the chart for more clarity.
Both Nifty and Bank Nifty appear to be showing a similar structure.
Current View
As already discussed:
If the market breaks out or consolidates around the rejection zone, we can expect a further rally continuation towards a minimum of the 78% Fibonacci level — for Bank Nifty and for Nifty, around the 25,286 to 25,383 zone.
On the other hand, if the market faces rejection and breaks the 38% Fibonacci level of the minor swing:
Then we can expect a minimum correction of 50% to 78% in that minor swing.( to use fib
Nifty: Low to High – 24,864 to the upcoming high)
Alternate View
If the gap-up doesn’t sustain and the market breaks the 38% Fibonacci level of the minor swing:
Then again, we can expect a correction of at least 50% to 78% in the same swing..( to use fib
Nifty: Low to High – 24,864 to the upcoming high)
EUR/USD 1H FLAG CHART PATTERNEUR/AUD 1H (Euro/Australian Dollar), MY analyzing a bullish flag chart pattern, which is a continuation pattern following a strong uptrend. The price has broken out of the flag to the upside, indicating a potential continuation of the bullish move.
📈 Targets Based on the Chart:
1. First Resistance / Target 1:
Price Level: Around 1.78500
2. Second Resistance / Target 2:
Price Level: Around 1.79500
These levels are clearly marked on your chart with arrows pointing upward, showing expected upward movement after the breakout.
✅ Trade Idea Summary:
Pattern: Bullish Flag
Breakout Direction: Upward
Entry Suggestion: On breakout above flag resistance (already occurred)
TP1: 1.7850
TP2: 1.7950
SL (Suggested): Below 1.7730 (previous low or support zone)
Let me know if you want a complete trade setup (entry, SL, TP, risk/reward).
GBPUSD Sell - June, 24📍Context:
Reaction from Weekly & Daily OBs
Price tapped into a 4H OB
Asia low to fill
15m & 5m POIs showing clear rejection
Presence of wicks signaling slowdown + bearish engulfing confirming seller control
📍Entry:
Based on 15m imbalance left behind
SL placed above recent highs – structure still valid
🎯 TP:
Minimum 1:3 RR
Final target: Asia lows
NAS100 | 15min | Breakout or Breakdown SetupPrice is currently testing the descending trendline and a key demand zone after a short-term selloff. Entry taken at a possible liquidity grab with bullish intent, targeting a breakout above the trendline. If rejection continues, a drop towards the lower liquidity area near 22,060 is likely. Watching for confirmation on the next 1–2 candles.
US30 ShortElite Live Analysis – US30
Market Structure: Bearish across the Weekly, Daily, and 4H timeframes.
Key Level: Price has tapped into a significant zone, aligning with higher timeframe bias.
1H Confirmation: Price also tapped into a 1H Order Block and showed clear rejection, further validating downside potential.
Expectations:
Anticipating a strong move to the downside in alignment with market structure.
Targets:
Structured liquidity resting below
Liquidity pools beneath current price