Support and Resistance
LONG ON GBP/USDGU is currently in its pullback phase of its uptrend.
We have a nice sell side Liquidity sweep being completed at this moment.
Price should now tap into previous demand that broke a high to repeat history and rise again.
Very Nice Setup over 300 pips on the table to the previous high/supply zone.
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
Nice start to the week with price attempting that higher red box and failing to breach it. We then activated an Excalibur signal short, identified the structure and got a lovely move into the 3552 level from 3371 activation. Traders then had the opportunity to capture the tap and bounce from the 50MA on the hourly, again giving a minimum of 100pips on the bounce.
Now, we have support below 3340 which was the bias level which has also rejected price giving a long, but, resistance here stands at 3357. Below that level we are more likely to see this range or attempt lower sticking to the plan on the KOG Report published yesterday.
KOG’s Bias of the day:
Bullish above 3340 with targets above 3375, 3388 and above that 3392
Bearish on break of 3340 with targets below 3335, 3332, 3320 and 3310 (No Breach)
RED BOXES:
Break above 3376 for 3382, 3390, 3396 and 3304 in extension of the move (No breach)
Break below 3365 for 3362✅ and 3355✅ in extension of the move
As always, trade safe.
KOG
Bitcoin - Looking To Sell Pullbacks In The Short TermM15 - Strong bearish move.
Lower lows on the moving averages of the MACD.
No opposite signs.
Currently it looks like a pullback is happening.
Expecting bearish continuation until the two Fibonacci resistance zones hold.
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SIGN buy/long setup (4H)A tight consolidation range has been broken to the upside, and price has not yet pulled back to it.
On the chart, we have a trigger line breakout and the formation of a bullish change of character (CH).
When the price reaches the green zone, we can look for buy/long positions.
Targets are marked on the chart.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
BankNifty levels - Jul 16, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
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Nifty levels - Jul 16, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
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GBPUSD – Potential Short Term Volatility Ahead This WeekSo far, the month of July has not been a good one for GBPUSD, undermined by the precarious state of the UK Labour government’s finances, a deteriorating growth backdrop, and shifting interest rate differentials back in favour of the US dollar. This has seen a liquidation of stale long positioning and a steady decline from a 40 month high of 1.3789 registered on July 1st to a low of 1.3419 seen earlier today.
Looking forward, it could be another challenging week for FX traders to navigate. There are several economic data releases in the US and UK to digest, starting with the latest US CPI release later this afternoon (1330 BST), followed by the UK CPI update tomorrow (0700 BST) and then the UK Employment release on Thursday (0700 BST). All of these may have the potential to shift trader thinking on the next interest rate moves from the Federal Reserve (Fed), who are currently expected to keep rates unchanged when they next meet on July 31st, and the Bank of England (BoE), who are expected to cut by 25bps (0.25%) on August 7th.
When the outcome of these events is combined with the uncertain backdrop for global trade as President Trump’s new tariff deadline approaches on August 1st, alongside his ability to drop market moving social media headlines on a whim, this week has the potential to be a volatile one for GBPUSD.
Technical Update: Watching Closing Defence of 38.2% Retracement Support
So far, July has seen GBPUSD enter a correction phase, as prices have sold off from the 1.3789 July 1st session high into Tuesday’s current 1.3419 low. As the chart below shows, this 2.7% decline, seen over little more than a 10 session period, is now approaching what some might class as a support focus at 1.3370.
This level is equal to the 38.2% Fibonacci retracement of the April 7th to July 1st phase of strength, and could be one that traders are now monitoring on a closing basis over coming sessions. While this level remains intact, some might argue there is still a positive uptrend pattern in place.
However, it is also important to consider what are the support and resistance levels on which to focus, if either 1.3370 is broken to the downside, or it continues to stem the current phase of weakness, even helps prompt fresh attempts at price strength.
Possible Support Levels:
As we’ve suggested, it could be the 1.3370 retracement level that represents the first support, with closing breaks below this level opening potential for a more extended phase of price declines.
While much will depend on future market sentiment and price trends, closes below 1.3370 may represent possibilities of further weakness towards 1.3244, which is equal to the lower 50% retracement level. This giving way, may in time result in tests of 1.3140, the May 12th session low.
Possible Resistance Levels:
While the 1.3370 retracement continues to hold current price declines, it might be successful in prompting fresh attempts at price strength.
With that in mind, if moves back higher do materialise, a resistance point to monitor on a closing basis could be 1.3586. This is the current level of the Bollinger mid-average and this giving way on a closing basis may in turn lead to further attempts at price strength to challenge 1.3789, the July 1st high again.
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DeGRAM | GOLD broke the trend line📊 Technical Analysis
● The break of the July descending cap at 3 355 has held as support; price is stair-stepping along a steep intraday channel whose lower rail coincides with the 3 350 pivot.
● Momentum is pressing the 3 368–3 393 supply; clearing that band opens the March swing objective at 3 430, while pullbacks into 3 350-3 355 are buffered by the former trend-line.
💡 Fundamental Analysis
● A second straight downside surprise in US PPI cooled 2-yr yields and the DXY, restoring carry appeal for non-yielding gold.
● World Gold Council notes June central-bank net purchases rose 6 % m/m, signalling persistent official demand.
✨ Summary
Long 3 350-3 360; hold above 3 355 targets 3 393 → 3 430. Bias void on an H1 close below 3 325.
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GOLD Last move down Next Target after this Breakout?Gold edged higher on Tuesday ahead of key U.S. inflation data, which is expected to provide clearer insight into the Federal Reserve’s future interest rate decisions. Market participants are watching closely for any signals that could influence the dollar and yields, thereby impacting gold prices.
Technical Outlook:
Gold has entered a potential buy zone, showing signs of bullish support Price recently retested the 3353 level, forming a long squeeze setup and now aiming to challenge the resistance at 3373. A successful breakout above 3373 could open the path toward the 3400 and 3432 long-term targets.
On the downside, a retest of the key 3345 level is also possible. This zone between 3345 – 3353 is seen as strong support, and as long as bulls defend it, upward momentum remains likely.
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GOLD → Consolidation ahead of CPI. Chances for growth?FX:XAUUSD Gold is consolidating amid a correction in the dollar ahead of important news. Consumer price index data is due later today. The market is stagnant and will not move prematurely.
On Tuesday, gold rose slightly amid profit-taking ahead of the US CPI release. Investors are waiting for a signal from inflation: weaker data could strengthen bets on a Fed rate cut and support gold, while strong inflation would strengthen the dollar and put pressure on the metal. The situation is exacerbated by Trump's new tariff threats and his criticism of the Fed chair. Let me remind you of Trump's pressure on regulators regarding inflation and interest rate cuts.
Technically, gold is trading above the previously broken “symmetrical triangle” consolidation. Bulls are trying to hold their ground above 3340-3350. Focus on the current range of 3340-3373
Resistance levels: 3373, 3394
Support levels: 3350, 3340
Favorable news for gold could boost interest in the metal, which would generally lead to growth. However, there is a factor of unpredictability, and against this backdrop, gold may test support at 3350-3340. If the bulls manage to keep the price above this zone, we may see growth in the medium term. Otherwise, the price may drop to 3310-3280.
Best regards, R. Linda!
Buy XAUUSD?Date: July 15, 2025
Pair: XAUUSD (Gold Spot)
Timeframe: 4H
Direction: Long
Entry: ~3,360
Stop Loss: ~3,327 (below sell-side liquidity)
Take Profit: ~3,492
RR Ratio: ~1:4
⸻
🔍 Market Context
• Price had been trending downward and then consolidated for several sessions.
• A sell-side liquidity sweep occurred just below 3,327 — taking out stops beneath local lows.
• Strong bullish reaction followed, forming a clean bullish order block and reclaiming structure.
⸻
🎯 Trade Rationale
• Sell-side liquidity taken → market structure shift → bullish BOS (break of structure).
• Bullish order block formed with clear mitigation.
• Small black-box consolidation likely a retest zone for low-risk entry.
• Targeting inefficiency toward 3,492, with a clean range above.
⸻
🧠 Trade Management Plan
• Move stop to breakeven at 3,375 once price clears local resistance.
• Consider partial TP at 3,420–3,450 to lock profit.
• Trail remainder to higher lows or use fib-based trailing stop.
⸻
😐 Emotional State Before Trade
Calm and focused. Recognized a textbook SMC entry — no rush or FOMO.
⸻
✅ Post-Trade Reflection (To Fill Later)
• ❓ Did price react to the zone as expected?
• ❓ Was entry execution precise (limit vs market)?
• ❓ Any slippage or management improvements?
• ❓ Was I patient enough?
BONK | Time for a PullbackBONK is showing signs of exhaustion after its recent breakout above the descending trendline. The price has reached a key resistance zone around 0.00002854, which aligns with previous highs from earlier in the year.
Key Technical Signals:
RSI approaching overbought levels near 80
Price struggling at major resistance confluence
Volume appears to be declining on recent advances
Long-term descending trendline now acting as potential support
Pullback Scenario:
The most likely correction target would be the green support zone around 0.00002000-0.00002100, which represents:
Previous resistance turned support
50% retracement level
Confluence with broken trendline
Risk Considerations:
Crypto markets can remain overbought longer than expected
Strong momentum could push price to next resistance at 0.00003986
A break below 0.00001717 would invalidate the bullish structure
The setup favors a healthy pullback before any continuation higher, making this an ideal zone to wait for better entry opportunities.
$XRP All Tie High After Shallow Pullback?CRYPTOCAP:XRP had a fantastic week smashing all resistances. I am looking for a shallow pull back to test the High Volume Node support at $2.7 at the .236 Fibonacci retracement before continuing to challenge the all time high.
Wave (3) of a motif wave appears complete adding confluence to a shallow retracement for wave (4).
Daily RSI is extremely overbought.
Safe trading
USNAS100 Outlook – CPI Data to Confirm Breakout or PullbackUSNAS100 – Bullish Momentum Holds Ahead of CPI
USNAS100 continues to show strong bullish momentum, trading above 22,905 and recently printing a new all-time high (ATH).
As long as price remains above this level, the next upside target is 23,170, followed by 23,300.
Market Focus – CPI Data Today:
• Expected: 2.6%
• Below 2.6% → bullish reaction likely
• Above 2.6% → bearish pressure expected
• Exactly 2.6% → could trigger a short-term bearish pullback
Key Risk Level:
A confirmed break below 22,905 would signal weakness and open the door for a correction toward 22,615.
$MARA Hits the Weekly PivotNASDAQ:MARA path has been grinding higher clearing the High Volume Node (HVN) resistance where it is sat as support.
The weekly pivot rejected price perfectly so far but if the count is correct and Bitcoin doesn't dump I expect this continue strongly towards the descending orange line resistance as my partial take profit target.
Once that line is broken i am looking at terminal bull market targets of $80 but will of course take profit at key areas along the way.
Wave 2 swung below the descending support and recovered at 0.5 Fibonacci retracement potentially kicking off wave 3.
Safe trading
DeGRAM | GBPUSD broke down the channel📊 Technical Analysis
● Cable’s bounce stalled at the channel base (≈1.3500); price is now carving a bear flag beneath that rail and the prior wedge-break line, signalling failure to regain trend support.
● A 4 h close under 1.3415 confirms channel loss, opening the mid-May pivot 1.3271; flag top at 1.3470 caps risk while lower-high sequence stays intact.
💡 Fundamental Analysis
● Friday’s firm US consumer-sentiment and Fed Gov. Waller’s “no urgency to cut” comments nudged 2-yr yields back toward 4.80 %, reviving dollar demand.
● UK June payrolls contracted for a third month and wage growth cooled, boosting August BoE-cut odds and weighing on sterling.
✨ Summary
Sell 1.3460-1.3490; sustained trade below 1.3415 targets 1.3271. Short view void on a 4 h close above 1.3470.
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$HUT Clear for Further Upside?NASDAQ:HUT is having a great time clearing resistances, the weekly 200EMA and the weekly Pivot point did not prove challenging.
It is currently sitting in a High Volume Node (HVN) where price is likely to reject and retest the weekly pivot as support before continuing upwards towards $32 and beyond in wave 3.
Wave 2 tested the 'alt-coin' golden pocket between 0.618-0.782 Fibonacci retracement giving me confidence in the count.
Safe trading
$HBAR Weekly Pivot Time...In classic CRYPTOCAP:HBAR fashion what a powerful move this week! Moves like this leave me skeptical of continuation straight away as you often get a pretty decent pullback afterwards before the next leg up. However how many times have you seen a move like this that completely unwinds weeks later and goes lower?
Wave (3) looks truly underway after wave (2) tested the High Volume Node and 'Golden Pocket' 0.50.618 Fibonacci retracement as support on weekly bullish divergence from the RSI.
The weekly pivot is now resistance and it already proving itself. If price continues the all time high is next resistance and price has a weekly R5 pivot target of $1.2 while the Fibonacci extension targets have a minimum of $5.2..
Analysis is invalidated below $0.12
Safe trading
Trendline Breakout for Wave 3Navitas is currently looking at breaking out of its recent downtrend to potentially begin wave 3 of its move up, which, as we all know, is the most impulsive move.
Could be very tasty after a 350% pump already
Need to get above the range POC and breakout of the trend line, would be looking to get in on the retest of the downtrend line.
$FET Does Zooming out look better?NYSE:FET has been underperforming lately and the local chart looks trash so I wanted to zoom out to give us all some context on the larger picture which hasn't really changed.
Price appears to have completed wave II at the High Volume Node (HVN) support and 0.5- 0.618 'Golden Pocket' Fibonacci retracement and wave 3 is underway but finding local resistance.
Pivots are warped due to the strength of the move last year so wouldn't count them as reliable so focusing on support and resistance. The megaphone pattern is clear and the next area of resistance when FET starts moving is the $1.2
Weekly RSI is decreasing and is attempting to cross bearishly. If Bitcoin has a significant pullback I would expect new lows for FET at this rate. I have a neutral stance at this point.
Analysis is invalidated below $0.546
Safe trading