GBPNZD Ready to Flip? Key Reversal Zone in Play๐น 1. Price Action and Technical Structure
Price is currently at 2.2405, declining from the recent high in the 2.26โ2.28 area.
The pair completed a descending channel with potential for reversal. A bullish reaction is taking place from the 2.2280โ2.2170 demand zone, supported by previous volume spikes.
The RSI is falling, nearing oversold territory but not yet at extreme levels.
Possible technical scenarios:
Bullish: Recovery toward 2.2560โ2.2600, with a potential breakout above recent highs.
Bearish: A break below 2.2170 could trigger further downside toward 2.2000 and 2.1800.
๐น 2. Seasonality (June)
NZD
June tends to be slightly positive for NZD (average: +0.0011 over 20 years), with consistent monthly patterns.
GBP
June is historically neutral to negative for GBP (average: +0.0015 over 20 years, but negative over 5 and 2 years).
โก๏ธ This implies a seasonal edge for NZD over GBP.
๐น 3. Retail Sentiment
60% of retail traders are long on GBPNZD.
40% are short, but long positions average 2.1874, currently in profit.
โก๏ธ This presents a mild contrarian bearish pressure, due to crowding on the long side.
๐น 4. Commitment of Traders (COT) โ Institutional Positioning
GBP (as of 2025-06-03)
Commercials Net Long: +74.5K
Non-Commercials Net Short: -11.3K
Weekly changes: +30.3K longs vs. +32.6K shorts
โก๏ธ Moderate balance, but growing speculative short interest.
NZD (as of 2025-06-03)
Non-Commercials Net Short: -23.6K
Strong weekly increase in commercial longs (+6.4K) and total long flows
โก๏ธ NZD is seeing renewed interest from commercial players โ a potential bullish signal.
๐น 5. Trading Outlook
๐ Current Bias: Neutral with short-term bearish tilt, but medium-term bullish reversal risk rising.
โค Potential setups:
Conservative Long Entry: On bullish confirmation at 2.2170 (double bottom or bullish engulfing), target 2.2560โ2.2600
Aggressive Short Entry: On pullback to 2.2490โ2.2560, with stop above 2.2620, target 2.2280โ2.2170
๐ฏ Seasonal and institutional factors favor NZD strength, but technical structure calls for caution and confirmation.
Community ideas
The 23 Years Long Cryptocurrency Bull Market CycleWe are looking at Crypto Total Market Cap. Index (TOTAL).
The weekly session trades at the highest level based on candle body since January 2025. The recovery has been swift. It started in April and after three green weeks there was a red week. Then three more green weeks followed by two red weeks. And now we are green again.
If the same pattern repeats, we get three green weeks or more followed by another retrace small in size. The main target for this already big bullish wave stands at 4.61T. This is a very strong bullish period already as it started in early April, it has been going for more than two months.
The market tends to grow and become more and more bullish, that is, bullish momentum starts to grow. When the action is really heating up doubt starts to creep in. Will it really continue higher? Is there a crash just around the corner? The crash happened last week.
If you notice last week's candle, it has a long lower shadow and a very small real body. It is a classic reversal signal. This week being full green confirms this reversal but the week is early.
TOTAL is the entire Cryptocurrency market, then we have individual charts. When we look at some altcoins in isolation, we know the top is far from being in, we know this only too well. Let's look at some examples. Ethereum, far from the top. Litecoin, very far. Dogecoin, Cardano, XRP, etc, etc, etc.
Bitcoin is now a completely different domain and is basically trading at a new all-time high. If this was the case while all the altcoins are also at new ath this would be worrisome, but the truth is that Bitcoin now has institutional demand and that's why it is so strong. There is no point in selling because whales are buying and will continue to buy, money is endless of course and money is becoming cheaper and cheaper all around the world. It is also coming to country near you but it is already happening. Remember, the cycle goes up and then down when it comes to interest rates. It already hit the top, peaked and now it is going the other way. This to say that there is room for so much growth.
Things tend to repeat, cycles tend to repeat until they don't. Literally, you can have a pattern where you do the same daily, weekly, monthly, for years until some time when you stop, it works like this with Crypto and other areas of the world. Bitcoin can produce a certain cycle and a certain pattern for 15 years straight, and then, all of a sudden things change. Not out of nowhere of course, we are seeing the world changing right in front of our eyes. Technology?
Where was the world 80 years ago?
How much change we saw between 1980 and 2010?
How about 2021 and the pandemic? You see, it continues to change.
Now it is money. You can have centuries of the same financial system, the same monopoly, all the same. Then you have credit cards and virtual bank accounts and now it is code, Crypto; nothing new, it is the same old, the only thing permanent is change and the world continues to change.
So Bitcoin can have big drawdowns just a few years ago, and in the present, these become smaller and smaller, the same happened with the stock market and the biggest stocks. It keeps on changing.
It goes from highly volatile, unpredictable and unstable to stability and growth long-term. Humanity is on a rising trend and this will always be reflected across all areas of life, finance, health, education, freedom, prosperity, liberty and the rest.
We are going up. Forever and then some more.
It is great to be alive in this world.
Namaste.
11 june Nifty50 brekout and Breakdown leval Nifty 50 Index, here's a breakdown of the "Sell Levels" from a trading strategy point of view:
๐ Key Sell (Put Entry / PE) Zones:
25,140 โ Below this level:
Tagged as "Below nigetive trade view"
This suggests initiating bearish positions (sell or buy PE) if price falls below this
25,040 โ Opening Support / Resistance:
If price breaks below this with volume, it's a confirmed breakdown, suitable for short trades.
24,980 โ above 10m hold CE by RISKY ZONE:
Below this, call options (CE) become risky. Could start unwinding.
24,980 โ Below 10m hold PE By Zone:
Strong confirmation to hold PE positions.
24,908 โ CE By Safe Zone:
A very strong bearish confirmation if price dips below this.
SOONUSDT โ The coin that gets killed...BINANCE:SOONUSDT.P is under pressure. The coin looks extremely weak against the backdrop of a bullish market, with key support ahead, separating traders from the panic zone and a sharp decline
This coin is being killed. The price is gradually consolidating and compressing before support - the trigger is 0.2332. Against the backdrop of the overall decline that the market has experienced after a slight impulse from 0.2332, shocks are forming with the aim of capturing liquidity (red check marks). This generally indicates that large players are gathering a bearish position. A breakout of the risk zone will trigger panic and distribution.
Against the backdrop of growth in Bitcoin and the top 10 cryptocurrencies (bull market), the SOON coin is gradually declining and contracting towards key support, which could be broken accompanied by strong sell-offs.
Resistance levels: 0.2478, 0.25777
Support levels: 0.2332
If the coin continues to contract towards the 0.2332 support and form a pre-breakdown consolidation, there will be little chance of survival. In the short and medium term, I expect prices to fall.
Best regards, R. Linda!
Trump's signalHello friends๐
๐Given the good growth we had, you can see that the price has hit resistance and you can see that the upward waves are getting weaker, which indicates that we are likely to have a correction until the support areas are identified...
You can buy in the identified support areas in steps and with capital management and move with it to the specified targets.
๐ฅJoin us for more signals๐ฅ
*Trade safely with us*
DeGRAM | GOLD broke the wedge๐ Technical Analysis
โ Price still respects the former channel roof (now support) at 3 315-3 320; every dip to this line (green arrows) printed a higher low, preserving the rising-wedge structure.
โ A break of the local wedge cap at 3 350 would reopen the April supply/median target at 3 435; failure to pierce keeps the pull-back window open toward the lower grey band at 3 245, where the broader demand begins.
๐ก Fundamental Analysis
โ US ISM-services prices and NFP cooled, lifting September Fed-cut odds >70 % and capping real yields, while continued PBoC purchases offset ETF outflows, under-pinning bullion.
โจ Summary
Buy 3 305-3 320; confirmation above 3 350 targets 3 435, extension 3 500. Long bias void on an H4 close below 3 245.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
BTCUSD: Very aggressive rally to 130k has just started.Bitcoin turned bullish again on its 1D technical outlook (RSI = 61.233, MACD = 1503.700, ADX = 19.938) following yesterday's strong 1D candle, which is a result of the June 6th 1D MA50 rebound, and is even close to turning the day positive despite the correction early on. This rise is similar to the one that started after the April 7th rebound and eventually pearked just under the 2.382 Fibonacci extension. We remain bullish on Bitcoin, TP = 130,000.
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
EURUSD: Breakout and Potential RetraceHey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.14200 zone, EURUSD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.14200 support and resistance zone.
Trade safe, Joe.
GBPUSDHello Traders! ๐
What are your thoughts on GBPUSD?
On the 4-hour timeframe, GBPUSD has broken below its ascending trendline and is now trading below a key resistance zone.
We expect the pair to consolidate briefly within this area, and then move lower toward the specified support level.
As long as the price remains below the resistance and the broken trendline, the bearish bias remains valid.
Donโt forget to like and share your thoughts in the comments! โค๏ธ
Worldcoin, How Long Will It Take For A $30 (2,544%) Target?Do you think a $30 target is possible for Worldcoin in under 6 months? What about a target of $19?
$19 gives 1,552% while $30 would yield a total of 2,544%. That's potential profits for this newly developing bullish wave.
The low was hit more than two months ago already, 7-April. This is important. Normally the build-up process takes some three months, and we are already two months in. This means that next month the market can become extremely green. Or by the start of next month everything will be 3 to 5 levels up. For Worldcoin this would be a minimum target of $9. That's 729% potential profits.
Two months just to recover from the market bottom. Three months for bullish momentum to be fully present and a new high established. Then a retrace or correction and then the final jump, makes sense? This is just a map, it can help us navigate the market, plan ahead.
We adapt to market conditions though as things can always change but this is the picture. This is how it always goes. The surprise can be prices moving beyond our calculations and that is always a nice surprise and welcomed.
Six months from now will put us in December 2025.
The next top can happen between October and December this year. These are good dates.
Since this project peaked in March 2024, no strong high in late 2024 or early 2025, this can be one of the pairs that continue growing into 2026.
Remember, some will end their bull market this year for sure and enter a bear market, others will continue growing into 2026. This is the most important part to keep in mind, it will make all the difference when taking profits.
We will continue with this thought process in one of the next charts.
I think of you when reading.
(I mean, "Thank you for reading.")
Namaste.
DOTUSDT|1H ANALYSIS๐ In the 1-hour timeframe, DOT is currently holding above a valid ascending trendline ๐ป which has acted as support multiple times and prevented further downside ๐ก๏ธ๐
This suggests that buyers are stepping in at lower levels, showing accumulation interest ๐งฒ๐ฐ
๐๏ธโ๐จ๏ธ Now, the price is approaching a key resistance zone around 4.204 ๐ง๐ฅ
This level has previously rejected price action multiple times and is now being tested again! ๐ค๐
๐๏ธ Keep an eye on volume, confirmation candles, and beware of fake outsโ๐
Monitor the chart closely, as market conditions can shift quickly โณโ ๏ธ
๐
Analysis Date:
๐ข Drop your thoughts in the comments โ Iโd love to hear your outlook on DOT ๐ค๐ฌ
If you enjoyed this analysis, donโt forget to like and follow for more updates โค๏ธ๐
#DOT #Polkadot #CryptoAnalysis #TechnicalAnalysis #TradingView #CryptoSignals #TA #Bitcoin #Altcoins
EUR/USD !!! ( 12RR Setup) Once in while opportunity : EUR/USD
Timeframe: 30M
Strategy: Elliott Wave + Wyckoff Structure
Risk-Reward: 1:12
Toolset: Supply Zone, Change of Character (ChoCh), Break of Structure (BoS), Entry Refinement
๐ Analysis Summary:
Price completed Wave 5 of the Elliott Wave structure.
Clear supply zone rejection near previous high โ strong confluence.
Break of structure (BoS) confirms bearish bias.
A clean ChoCh (Change of Character) signals the shift from bullish to bearish.
Perfect Wyckoff schematic distribution playing out.
Entry taken from mitigation block with tight SL above zone.
Targeting higher-timeframe demand zone (highlighted in blue box).
๐ก Key Zones:
Entry: Red mitigation zone
SL: Above local high
TP: Demand zone zone (RR 1:12)
๐
Watch this level around June 10โ14 โ expecting a strong impulsive move downward.
Comment โ๐ฅโ if you caught this early.
MMTC LTD Inverse H&S Breakout with Wave 3 PotentialMMTC is showcasing a clean Inverse Head & Shoulders breakout with price already retesting the neckline as support, followed by a strong bounce.
Weโre now tracking Wave 3 development, with a projected target near โน416.35, slightly above the classical H&S measured move.
The structure is well-defined and offers a favorable setup for both traders and positional investors.
Keep it on watch as momentum is building.
Hanzo / Nas100 15 Min ( Accurate Tactical Bullish Break Out )๐ฅ Nas100 โ 15 Min Scalping Analysis
โก๏ธ Objective: Precision Breakout Execution
Time Frame: 15-Minute Warfare
Entry Mode: Only after verified breakout โ no emotion, no gamble.
๐Bullish After Break : 21920 / Break out done
Price must break liquidity with high volume to confirm the move.
โ๏ธ Hanzo Protocol: Dual-Direction Entry Intel
โ Zone Activated: Strategic liquidity layer detected โ mapped through refined supply/demand mechanics. Volatility now rising. This isnโt noise โ this is bait for the untrained. We're not them.
Gold/XAUUSD Move 9th June 2025๐ XAUUSD Analysis โ June 10, 2025
Market Structure:
Market remains in a bearish sequence, with lower highs and lower lows intact on the HTF.
The current bullish leg is corrective, retracing into a well-defined supply zone at 3333โ3338.
This zone previously triggered strong selling pressure, marking institutional activity.
Key Supply Zone:
3333โ3338: Strong supply zone aligning with previous bearish OB and unmitigated FVG.
Expecting a liquidity grab above intra-day highs, followed by rejection from this zone.
Invalidation Level:
If price closes above 3340 with strength (especially on M15/H1), the bearish bias is invalidated, and we may shift toward the upper supply zone around 3375โ3380.
Target Zone:
3295โ3305: Strong demand area from which the last impulsive move originated.
Also a logical draw for liquidity resting below prior lows.
๐ผ Trade Idea:
Type: Sell Limit
Entry Zone: 3333โ3338
Stop Loss: Above 3344 (structure break buffer)
Take Profit 1: 3310
Take Profit 2: 3300
Risk-to-Reward: ~1:2+
๐ง Execution Plan:
Wait for price to enter the 3333โ3338 supply zone.
Look for LTF confirmations: bearish engulfing, BOS, or CHoCH (M1/M5).
Enter short on confirmation with SL above zone and scale out at each TP level.
USNAS100 Bearish Below 21,790 โ Key Levels to WatchUSNAS100 โ Overview
The price remains under bearish pressure as long as it trades below the pivot level at 21,790. A continued move lower is expected toward the support at 21,635, and a 15-minute close below this level may extend the bearish trend toward 21,480.
To shift to a bullish outlook, the price must stabilize above 21,920, which could open the path toward 22,090.
Pivot: 21,790
Support Levels: 21,635 ยท 21,480 ยท 21,250
Resistance Levels: 21,920 ยท 22,090 ยท 22,200
UNI/USDT Breakout: Bulls in Control?BME:UNI / USDT 1D Chart Update
UNI/USDT has just broken above a key resistance zone and cleared the strong descending resistance line.
This breakout is significant; it shifts market structure in favor of the bulls.
As long as UNI holds above the breakout zone, the path is open for further upside.
If momentum continues, we could see a strong move toward higher targets in the coming days.
One to keep a close eye on.
DYOR, NFA
BTC and George Bayer's cypherGeorge Bayer's forecast continues on to the Wing-heart-wing phase. A break out from the last bull flag with a mid leg pause. The next phase (white wine) will be the pull back to ensure higher structure. It will be fast and violet to make the news.
As you can see. the Weekly Gann fan has now been added to the focal pivot point where P&S will start.
Trade safe~
Bitcoin Rally Overextended: Patience is Key for the Next Move๐น BTC/USDC โ Bullish Outlook, heres my Trade Plan.
Bitcoin (BTC/USDC) is currently maintaining a strong bullish trajectory ๐, showing impressive momentum after breaking through recent resistance levels ๐.
However, price is now overextended from the last swing low, and Iโm anticipating a pullback into value ๐ โ specifically targeting the 50%โ61.8% Fibonacci retracement zone drawn from the latest swing low to swing high ๐. This zone often acts as a rebalancing point for institutional traders and provides confluence for smart entries ๐ฏ.
Iโll be closely watching this retracement area for signs of support forming, and more importantly, a bullish break in market structure ๐ง ๐. Only after that confirmation, would I consider executing a long position โ no structure break, no trade โ
.
This isnโt about predicting โ itโs about reacting with discipline.
Gold (XAUUSD) Technical Analysis : MMC Setup Confirmed + Target๐ 1. Market Structure Overview
After a strong rally earlier this month, XAUUSD entered a corrective phase and formed a descending trendline which acted as resistance for multiple days. This trendline has just been tested and broken, suggesting that the correction may be coming to an end.
At the same time, price is showing signs of strength by bouncing off the lower boundary of a long-standing parallel ascending channelโa structure that has acted as dynamic support over the past two weeks.
๐งฑ 2. Key Technical Elements
๐ฆ Support/Resistance Interchange Zone (S/R Flip)
Price recently interacted with a horizontal S/R interchange zone around the $3,310โ$3,330 area.
This zone served as resistance during the earlier part of the trend and is now acting as support after the breakout.
It also overlaps with the mid-section of the ascending channel, adding confluence to this support area.
๐ Descending Trendline Break
The break above the descending trendline signals a potential shift in momentum.
Traders often view this kind of breakout as an early indicator of bullish continuation, especially when combined with volume or retests.
๐ฉ Next Reversal/Target Zone
A green box is highlighted around the $3,345โ$3,355 zone, which could act as the next resistance or reversal level.
This is based on prior market structure and Fibonacci extension zones.
This area may offer a take-profit level for longs or a short-term reversal zone for countertrend traders.
๐ 3. What to Watch
โ
Bullish Scenario
If the price sustains above $3,310 and holds above the broken trendline, we could see a push toward the $3,345โ$3,355 area.
Ideal long entries may occur on a retest of the trendline or the S/R flip zone, confirming it as support.
โ Bearish Scenario
Failure to hold above the $3,300โ$3,310 support region would invalidate the breakout.
A clean break below this zone could result in a drop back to the lower parallel channel boundary near $3,270 or even lower.
โ๏ธ 4. Trading Plan & Bias
Short-term Bias: Bullish (Trendline break + support hold)
Mid-term Bias: Cautiously Bullish (until major resistance is tested)
Risk Management: Stop-loss for long entries should be placed below $3,300 with targets near $3,345 and $3,355.
๐ฌ Conclusion
This setup presents a classic case of trendline breakout + S/R flip confluence, which often leads to favorable risk/reward opportunities. Gold traders should monitor the retest behavior around current levels closely, as it will likely determine the next directional move.
๐ Always wait for confirmation, manage risk, and donโt chase movesโespecially near major zones.
MASSIVE NEW BREAKOUT - LiveMassive New Breakout in Bitcoin at Dual Resistance
Post with emojis:
๐จ๐ฅ Massive New Breakout in Bitcoin at Dual Resistance ๐๐ฅ
Okay, time to revisit the BTC chart because weโve just arrived at a crucial intersection that could define the next major move!
In our previous update, we anticipated a dip โ and it played out perfectly. Using Fibonacci support, we entered long right at the sweet spot, just before a strong upward move that tested resistance levels.
And now... itโs official โ BTC has just broken through that massive dual resistance! ๐
This breakout pushes us back into the ascending channel, which had previously flipped to resistance. Two major technical levels โ white and yellow zones โ just got cleared in one explosive move.
What's next?
๐น Monitor for a possible retest of the breakout zone
๐น Eyes on the 113 key resistance โ thatโs the next likely magnet for price
๐น For those already in longs (like me), itโs smart to take partial profits and trail stops ๐ง ๐ผ
This is a textbook breakout structure, and weโll need to watch volume and structure confirmation closely.
One Love,
The FXPROFESSOR ๐
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! ๐๐ค๐