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GBP/USD Is This the Last Dip Before 1.37?🔹 1. Price Action & Technical Structure (Weekly & Daily Charts) Price has broken above the ascending channel highlighted on the weekly chart. The 1.3545 area is currently acting as dynamic resistance — a weekly close above it is crucial to confirm a breakout. Below, we find a bullish order block (demand zone) around 1.3340 – 1.3280, aligning with the 0.5 Fibonacci level. RSI is neutral, showing no bearish divergence at the moment. 🔹 2. COT Report (Commitment of Traders) USD Index: Non-commercial traders: +823 new longs, +363 new shorts → Neutral to bullish positioning. Commercials remain net short, indicating short-term USD strength potential. EUR FX (inverse proxy for USD): Significant reduction in speculative long positions → Less bullish pressure on the Euro, favoring USD strength. 🔹 3. Sentiment 67% of retail traders are short GBP/USD vs. 33% long. This is a bullish contrarian signal, suggesting potential continuation toward the 1.36–1.37 zone. 🔹 4. Seasonality Historically, June tends to be bearish for GBP/USD over the past 5–10 years. However, the first 10 days of the month often start with bullish momentum before correcting in the second half. 🔹 5. Economic Calendar Today: Construction PMI (GBP), ECB Press Conference (EUR), Unemployment Claims (USD). Tomorrow: High potential volatility across all USD pairs. Watch out — upcoming macro data may strongly impact breakout confirmation. 🔹 6. Operational Outlook Primary Bias: Neutral/Bullish with potential for a technical pullback. 📍 Key Levels: Resistance: 1.3545 – 1.3593 (Supply zone + 0.0 fib) Support: 1.3340 – 1.3280 (OB + 0.5/0.618 fib) 🧠 Scenario 1 – Bullish Continuation: Retest of 1.3340 → long targeting 1.3590 / 1.3680 Confirmation on daily close above 1.3550 🔻 Scenario 2 – Bearish Retracement: Rejection below 1.3550 + USD macro strength → drop toward 1.3280 If that breaks → extended move to 1.3170 / 1.3150
Short
by EdgeTradingJourney
6
EUR/USD Reversal Imminent? 5 Powerful ReasonsEUR/USD – Tactical Bearish Outlook Ahead of Key Reversal EUR/USD is approaching a critical inflection point where multiple technical and fundamental signals are aligning to suggest a potential short-term reversal. 📉 1. Price Action & Technical Structure (1W / 1D) The pair recently completed a clean bullish structure inside an ascending channel, originating from the 1.0600 demand zone and reaching into the key supply area between 1.1400–1.1550. Recent price behavior indicates: A weekly candle with a strong upper wick, signaling institutional rejection. A visible RSI bearish divergence, showing weakening momentum. The most recent daily candle broke below the channel, suggesting a potential swing high. Implication: A short-term reversal is likely, targeting the 1.1180 zone, with an extended move potentially reaching the 1.1050–1.1000 area. 🧠 2. COT Data – Institutional Positioning USD Index: Non-Commercials increased longs (+823) and slightly increased shorts (+363) — net bias still bullish USD. Commercials also added to longs, further confirming institutional accumulation. → USD strength building. EUR Futures: Non-Commercials reduced longs (-1,716) and added shorts (+6,737). The net long position in EUR continues to weaken. → Increasing risk of EUR retracement. 📅 3. Seasonality – EUR/USD in June EUR/USD tends to be neutral to bearish in June. The 5- and 10-year averages show consistent early-month declines, supporting a short bias in the first two weeks. 📊 4. Retail Sentiment Sentiment is currently evenly split (50/50). However, more volume is positioned long — a potential contrarian signal. → A break in this balance may trigger volatility and directionality. 🧭 5. Macro Context Eurozone is facing stagnation, with falling inflation and weak growth. U.S. data remains stronger, supporting the Fed’s “higher for longer” narrative. → This divergence favors a stronger USD in the near term. ✅ Trading Outlook 📉 Current Bias: Bearish (corrective) 📌 Short-Term Target: 1.1180 📌 Mid-Term Target: 1.1050–1.1000 ❌ Invalidation: Weekly close above 1.1460 🎯 Strategy: Look for intraday rejection confirmations and sell pullbacks, in alignment with HTF structure and institutional flows.
Short
by EdgeTradingJourney
8
Bitcoin at a Crossroads: 110k RejectionAfter the powerful rally that began in the last quarter of 2024, Bitcoin is now at a critical market juncture. The price has once again reached the 106,000–110,000 USD zone, an area that already showed strong signs of distribution back in February and March 2025. This isn’t just a typical resistance level—it’s a psychologically loaded zone, marked by previous highs and repeated selling pressure. In May, the monthly candle revealed a clear rejection from this zone: a prominent upper wick and a bearish body, signaling the bulls' struggle to sustain new highs. This behavior suggests the beginning of a profit-taking phase or, more likely, a medium-term consolidation. The picture becomes even more complex when we look at the COT Report dated May 27, 2025. Non-commercial institutional traders—speculative funds, hedge funds, and portfolio managers—have significantly increased their short positions, now exceeding 26,800 contracts. Meanwhile, long positions are hovering around 24,500, resulting in a net bearish exposure. The message is clear: smart money isn’t buying the breakout—it's selling into it. Seasonality analysis reinforces this narrative. Historically, June tends to be a weak month for Bitcoin, often followed by renewed strength in the next quarter. The 2025 seasonal curve has mirrored the bullish pattern of 2021 up to May, but now—consistent with historical patterns—is showing signs of slowing. This supports the idea that the market might need a breather before potentially rallying again in Q3. From a technical standpoint, the key levels are well defined. The 95,000–97,000 USD area is the first dynamic support zone, where the price might find short-term relief. However, the more significant support lies between 82,000 and 85,000 USD—this is the origin of the current rally and aligns with the old breakout structure. A return to this level would represent a healthy and natural correction within a still structurally bullish long-term context. In summary, the current outlook calls for caution. Momentum is fading, seasonality is unfavorable, and institutional players are trimming long exposure while adding to shorts. Until the price can consolidate above 110,500 USD, the dominant scenario remains a corrective pullback, with interim targets at 95k and potential drops toward the 85k zone. However, if the market surprises with a strong weekly close above the highs, it could pave the way for a new leg up toward the 125,000–135,000 USD range—potentially fueled by macro catalysts such as ETF inflows, Fed narratives, or broader adoption.
BINANCE:BTCUSDShort
by EdgeTradingJourney
6
TESLA RECOVERY AHEAD|LONG| ✅TESLA lost more than 25% On the Elon VS Trump fallout In less than a week which is Seen by many as an excellent Opportunity to add TESLA stocks To their portfolios with a great Discount which is why we are Already seeing a nice rebound From the wide strong horizontal Support just above 270$ level And as we are locally bullish Biased we will be expecting Further growth on Monday LONG🚀 ✅Like and subscribe to never miss a new idea!✅ 

 Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
NASDAQ:TSLALong
by ProSignalsFx
4
XAUUSD Short SetupPrice is currently respecting the trendline liquidity and forming lower highs. We have a clear POI zone where price is expected to react. A potential liquidity sweep above the POI and trendline could trap early buyers. If price taps the POI and rejects, we look for confirmation (e.g., BOS or bearish engulfing) to enter short. 🎯 Target: 3,307 🛑 SL: Above POI (approx. 3,372) 📊 RR: 5.35 📌 Key Levels: 1H Resistance acting as support flip zone POI aligns with previous supply area Target zone near previous demand imbalance 🧠 Wait for confirmation inside POI before execution to avoid early entry.
ICMARKETS:XAUUSDShort
by RadinFinancial
CADJPY: Bearish Forecast & Bearish Scenario The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the CADJPY pair price action which suggests a high likelihood of a coming move down. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ❤️ Please, support our work with like & comment! ❤️
Short
by UnitedSignals
2