OSCR 1W — When the Chart Speaks Before the FundamentalsThe Oscar Health chart is currently forming a textbook cup and handle — a long-term reversal structure that has completed its base and is now breaking out of the consolidation zone. The bullish structure is confirmed through price action, volume, and positioning relative to key moving averages.
The price has broken through the upper boundary of the handle, shaped as a descending wedge. The breakout is accompanied by increased volume — a clear sign of capital rotation out of accumulation. All major moving averages (EMA, MA50, MA200, WMA) are trending upward, and the price is holding above them all, confirming the bullish momentum.
According to Fibonacci extension levels, drawn from the historical low of $1.50 to the peak near $23.26, the first wave target stands at $36.71 (1.618 level), with an extended target at $45.02 (2.0 level).
Structurally, the setup suggests a medium-term scenario pointing from current levels toward the $36–45 range, with the potential to repeat the kind of explosive move seen during the 2023 phase, when the price increased more than sixfold.
On the fundamental side, Oscar Health is actively recovering: in 2024, revenue grew by more than 50%, net losses were cut nearly in half, and the client base continued to expand. The company is strengthening its share in the digital insurance market and gaining support from institutional investors, including Morgan Stanley and Capital Group. The latest quarterly report was positively received.
The breakout is technically clean and fundamentally supported. The immediate pullback zones sit at $14.95 and $13.40. Below that, moving averages may act as control zones for reaction.
Technical Analysis
XAU/USD Bounces Off Strong Support Zone – Bullish MomentumGold (XAU/USD) has shown a strong bounce from the clearly defined support zone around the 3280–3290 level on the 1-hour timeframe. This zone has held multiple times in the past, confirming its significance. Additionally, the 200 EMA (red) is aligned with this horizontal support, creating a strong confluence area. Price action has respected this level, forming a bullish reversal candle setup, indicating potential for upside movement.
Based on this structure, a long (buy) trade can be considered around the 3300–3305 range, ideally after a bullish confirmation candle or price holding above the EMAs. This entry provides an opportunity to ride the next wave upward while maintaining a favorable risk-to-reward ratio.
The stop loss for this trade should be placed just below the support zone—around 3275 USD. Placing the stop slightly below this area protects against fakeouts while still maintaining good risk control. This is a logical level where the setup would be invalidated if breached.
For targets, the first potential resistance and partial profit booking zone is near 3335–3340 USD. This zone acted as resistance during previous price swings. If momentum sustains, the second target zone is around 3360–3370 USD, which marks a previous swing high and a likely destination for bullish continuation. For extended upside potential, traders can aim for 3385+ USD, especially if the price action is supported by volume and broader market sentiment.
This setup offers a clean technical play with a risk-reward ratio of approximately 1:2.5 or higher. Traders can also trail their stop-loss once the price crosses above the first target to protect gains while riding further upside.
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
SelectQuote | SLQT | Long at $2.18SelectQuote NYSE:SLQT is currently resting within my historical simple moving average zone. This often signals consolidation and a future move (in this case, let's hope up). Looking at the company's financials, NYSE:SLQT is currently profitable. For Q3 2025 (ended March 31, 2025), the company reported a net income of $26.0 million, up from $8.6 million in Q3 2024. This follows a strong Q2 2025 with a net income of $53.2 million. While like most companies there are likely headwinds in 2025 (earnings are projected at a loss of -$0.20 per share due to seasonal fluctuations and investments in 2025 (e.g., new Kansas facility)), profitability is likely to stabilize in 2026, with EPS forecasts of $0.05, supported by improved Medicare reimbursement rates and operational efficiencies. Ongoing Department of Justice allegations could pose risks... but SelectQuote’s recent $350M investment and cost management suggest profitability may continue if legal issues are resolved favorably.
Thus, at $2.18, NYSE:SLQT is in a personal buy zone. There is a potential for the price to dip to the bottom of the historical simple moving average channel (near $1.25) in the near-term, but time will tell.
Targets:
$2.64
$4.24
WTI Crude Oil Testing Make-or-Break Support ZoneWTI crude is grinding into a pivotal horizontal support near 6,020 after another sharp rejection near the 50-day SMA:
Support at Risk: Price is pressing into the horizontal support zone formed by May’s lows (~6,020). A clean break below would shift momentum back decisively to the downside.
Bearish Structure: Price remains well below both the 50- and 200-day SMAs, which are angled downward—consistent with a medium-term downtrend.
Momentum Fading: MACD is negative and turning lower again, while RSI is stuck near 45 and showing no bullish divergence.
Next Support: If support fails, next downside level is likely around the YTD low near 5,400.
As it stands, bears remain in control unless bulls can defend this floor and drive a breakout back above the 50-day SMA.
-MW
USD/CAD Defends Support but Bears Still LurkingUSD/CAD is clinging to key horizontal support around 1.3780 after a recent sharp decline:
Support Retest: Price briefly dipped below the 1.3780 area before buyers stepped in, forming a potential short-term base.
Downtrend Intact: Price remains well below both the 50- and 200-day SMAs, which are beginning to fan out—an increasingly bearish configuration.
Momentum Weak: MACD is negative and RSI is hovering just above oversold territory (~38), suggesting continued bearish pressure despite the bounce.
Critical Levels: A break below 1.3780 could open the door to 1.3420 (October support), while upside recovery would need a move above the 200-day (~1.40) to shift the broader tone.
The bounce may offer a short-term reprieve, but unless bulls reclaim trend-defining moving averages, the bears remain in control.
-MW
Bitcoin Clears Key Resistance as Bulls Maintain Grip on UptrendBitcoin (BTC/USD) has officially broken above the psychologically and technically significant 108,500 zone, confirming bullish continuation:
Trendline Support Holds: The rising trendline from March remains intact and continues to guide the advance.
Breakout Confirmation: Price is now comfortably above previous resistance at 108,500, turning it into new support.
Momentum Strong: MACD remains firmly in bullish territory, while RSI is pushing into overbought levels—suggesting strong upside but warranting caution.
Next Resistance: Little stands in the way until 115,000 and potentially 120,000 if momentum persists.
Watch for Retest: Short-term consolidation or a retest of the 108,500 zone could provide a healthier base for further gains.
Bitcoin remains in bulls' control unless we see a decisive drop back below trendline support.
-MW
Bitcoin Hits New All-Time Highs — Rally Targets $130K+Bullish Momentum Accelerates:
Bitcoin has reached new all-time highs, confirming a strongly bullish technical outlook. Accelerating upside momentum and growing investor confidence are driving the current rally.
Breakout Confirmation:
A decisive breakout from a broadening wedge pattern has unlocked potential targets in the $130,000–$135,000 range, signaling a likely continuation of the uptrend.
Key Support Levels:
With Bitcoin now trading well above $106,000, the previous resistance at $108,000 is expected to act as strong support during any pullbacks — providing a clear risk threshold for traders.
Favorable Risk-Reward Setup:
This alignment of:
Strong momentum
Completed consolidation
Successful breakout
...creates a compelling risk-reward scenario and reinforces the case for continued upside in the current bull cycle.
Bitcoin may just be getting started on its next leg higher. 🚀🔥
#Bitcoin #BTC #AllTimeHigh #Crypto #TechnicalAnalysis #Bullish #Breakout #MarketMomentum #CryptoTrading #CryptoMarket
ETH ANALYSIS🔴 #ETH Analysis : ❓❓
🔮There is a formation of "Bullish Pennant Pattern" in #ETH in 4HR time frame. We can expect around $2800 bullish move if the price break the pattern.📈
⚡️What to do ?
👀Keep an eye on #ETH price action. We can trade according to the chart and make some profits. ⚡️⚡️
#ETH #Cryptocurrency #Breakout #DYOR
USDCAD: Strong Bearish Confirmation ?! 🇺🇸🇨🇦
I see an important sign of strength of the sellers on USDCAD
on an hourly time frame after a release of the today's US fundamentals.
The price violated a support line of a horizontal range and is retesting
that at the moment.
I believe that the price may drop at least to1.374 level soon.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
On the Cusp of a Breakout - Short-Term Buy OpportunityEntry Price:
Aggressive Entry: Around CMP (₹165.00) with a strict stop loss, anticipating the breakout.
Conservative Entry: On a confirmed breakout and close above ₹170 on a daily basis.
Target Price 1 (T1): ₹180
Target Price 2 (T2): ₹190
Stop Loss (SL): ₹157 (Closing basis below immediate support)
DISCLAIMER
This report is prepared for informational purposes only and is not intended as a solicitation or an offer to buy or sell any securities. The information contained herein is based on technical analysis and publicly available data, which are believed to be reliable, but no guarantee is made as to their accuracy or completeness. Investing in equities involves risks, and investors should conduct their own due diligence and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
GARDEN REACH SHIPBUILDERS: Breakout Potential - Watch for EntryEntry Price:
Aggressive / Risk-Takers: Await a clear weekly close above ₹2,850, with sustained high volumes. Entry around ₹2,850-₹2,900.
Target Price 1 (T1): ₹3,200 (Based on previous highs and extension)
Target Price 2 (T2): ₹3,600 (Based on Fibonacci extensions and chart patterns)
Stop Loss (SL): ₹2,600 (Closing basis below immediate support, previous resistance)
DISCLAIMER
This report is prepared for informational purposes only and is not intended as a solicitation or an offer to buy or sell any securities. The information contained herein is based on technical analysis and publicly available data, which are believed to be reliable, but no guarantee is made as to their accuracy or completeness. Investing in equities involves risks, and investors should conduct their own due diligence and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
TATA CHEMICALS Breakout Confirmed - Buy on MomentumEntry Price:
Aggressive Entry: Around CMP (₹900-₹905)
Conservative Entry: On a retest of the breakout zone (₹875-₹885), if the opportunity arises.
Target Price 1 (T1): ₹920
Target Price 2 (T2): ₹945
Stop Loss (SL): ₹865 (Closing basis below the breakout zone and previous support)
Double Top Alert: Key Resistance at 1.3570 Before US PCE DataGBPUSD PLAN – MAY 27 | Double Top Alert: Key Resistance at 1.3570 Before US PCE Data
GBPUSD is currently testing a critical resistance zone near 1.3570, forming a potential Double Top pattern. As markets await this week’s US Core PCE inflation release, the pair may be at risk of a short-term pullback.
🌍 MACRO FUNDAMENTALS
USD Rebounds Slightly ahead of April’s PCE inflation report – a key Fed inflation gauge due this Friday.
GBP Under Pressure as dovish tones from Bank of England (BoE) officials signal a potential pause in rate hikes.
UK Political Uncertainty and sluggish EU-UK trade talks continue to dampen investor confidence in the pound.
📊 TECHNICAL ANALYSIS
Price Structure: GBPUSD surged from 1.3446 support but is now facing resistance near 1.3570, where a Double Top formation is emerging.
Key Levels:
Resistance: 1.3570 – 1.3580 (previous high and psychological barrier)
Support 1: 1.3496 (confluence of EMA89 and 38.2% Fibonacci retracement)
Support 2: 1.3446
Indicators:
EMA13, EMA34 show early signs of bearish crossover on the 30-minute chart.
RSI approaches overbought territory, hinting at potential bearish divergence.
🎯 TRADE SETUP (IF PRICE REJECTS 1.3570)
🔻 SELL SETUP
Entry: 1.3570 – 1.3550
Stop-Loss: 1.3595
Take-Profit Targets:
TP1: 1.3496
TP2: 1.3446
📌 A bullish breakout only becomes valid if price closes strongly above 1.3590 on the H1 chart.
🧠 STRATEGIC NOTES
Wait for a clear reaction or bearish confirmation near 1.3570 before entering trades.
Avoid chasing trades mid-range; focus on clean breakouts or rejections.
PCE data may trigger volatility — manage risk tightly and prepare for directional momentum.
👉 What do you think of this Double Top scenario? Will GBPUSD reject or break through resistance? Drop your analysis below and follow for daily structured plans!
RBNZ rate decision coming upKeep your eyes on the rate cut tomorrow by the RBNZ and on the NZD reaction to all of it. We have an interesting technical set up building on FX_IDC:NZDUSD . Let's dig in...
MARKETSCOM:NZDUSD
Let us know what you think in the comments below.
Thank you.
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JPY/USD – Clean Rejection from Mini Resistance | Bearish Move🔻 1. Major & Mini Resistance Zones
Mini Resistance Zone: This is a key supply area that aligns with previous highs and recent structure points. As the price approaches this level, it tends to react due to unfilled sell orders and trapped buyers.
The chart shows a rejection from this mini resistance zone — visible through strong bearish candles. This suggests institutional selling pressure has entered the market.
Major Resistance is still untouched above, which becomes a clear invalidation level for any short bias. If price breaks and sustains above it, the bearish idea would be invalidated.
🔄 2. MMC (Mirror Market Concepts) at Work
The MMC idea is clearly illustrated. The price movement after the last major drop is mirrored on the right side:
Strong rally > Formation of lower highs > Resistance retest > Sharp decline
These mirrored behaviors often hint at psychological repetition in the market, driven by trader memory and order placement.
The bearish movement after retesting the mini resistance looks nearly identical to the previous leg on the left — reinforcing the idea that we may see a similar downside structure repeat.
🌀 3. Central Zone Area – Liquidity Trap and Reaction Point
The Central Zone Area is labeled where a previous sharp bounce occurred. This zone is critical for several reasons:
It acted as support multiple times.
It’s also where a liquidity grab occurred — shown with a long wick — before a reversal rally.
In current price action, this zone may again act as a magnet for price, as institutions seek liquidity to fuel further moves. Once price reaches it, expect a temporary bounce or reaction.
📐 4. 50% Fibonacci Retracement Confluence
The projected target sits right on the 50% retracement level of the previous bullish leg.
Institutions frequently target the 50%–61.8% Fibonacci zones to rebalance orders and create continuation moves.
This target zone is marked in purple and is aligned with historical support, adding confluence.
📉 5. Sharp Bearish Reversal from Structure
You can observe a very clear shift in momentum:
The uptrend was broken with a strong bearish engulfing candle.
That move wiped out several minor bullish structures — a sign of structure collapse.
This breakdown, combined with the resistance rejection and MMC mirroring, strongly supports a bearish continuation bias.
📊 6. Previous Targets and Structure Memory
The previous targets and historical swing points are not just annotations — they represent real zones of order flow memory.
When price revisits these levels, you often see reactions (reversals, consolidations, or continuation).
🎯 Trade Plan (Based on Chart):
Bias: Bearish
Entry Zone: After rejection confirmation at mini resistance
Target Zone: 0.00675 area (50% retracement)
Invalidation: Close above 0.00715 (Major Resistance)
✅ Conclusion:
This JPY/USD 4H chart beautifully showcases the power of technical structure, Mirror Market Concepts, and liquidity-focused trading. With a clean rejection from mini resistance, a history of mirrored bearish setups, and a confluence target at the 50% zone, this chart suggests a high-probability short opportunity for disciplined traders.
Cautiously Bullish - Approaching Long-Term Resistance.Entry Zone: We recommend initiating a BUY position in TCGSRAAC only upon a decisive and sustained breakout above the major descending trendline (around ₹115 - ₹118). A daily close above this level with good volumes would be a strong confirmation.
Target 1 (T1): ₹125
Target 2 (T2): ₹132
Target 3 (T3): ₹140+ (If momentum sustains significantly post-breakout)
Stop Loss (SL): ₹105 (Strictly on a daily closing basis, for a breakout entry)
Rationale:
Long-Term Resistance Test: The stock is currently testing a significant descending trendline that has been acting as a major resistance for over several months. A successful breakout would signal a substantial shift in the long-term trend.
Support from Accumulation Zone: The stock has recently bounced from a strong demand zone around ₹80 - ₹88 (highlighted in blue), indicating underlying buying interest.
RSI Rising: The Relative Strength Index (RSI) has recently crossed above the 50-mark and is trending upwards, suggesting a buildup of bullish momentum as the price approaches resistance.
Volume Activity: While recent volumes are moderate, a significant surge in volume on the day of the potential breakout would be crucial for confirmation.
Risk-Reward: A breakout offers a good risk-reward setup for short-term traders, targeting the next set of resistance levels.
Key Risk: Failure to break above the major descending trendline could lead to a reversal and a fall back towards the ₹95 - ₹100 levels. A sustained daily close below ₹105 would invalidate the bullish breakout attempt.
Disclaimer: This report is for informational purposes only and does not constitute financial advice. Investors should conduct their own due diligence and consult with a qualified financial advisor before making any investment decisions. Equity investments are subject to market risks.
For Education Purposes Only
BTCUSD Curve Breakout & MMC Structure | Targeting $111KIn this idea, we apply Mirror Market Concepts (MMC), a method of analyzing symmetrical price behavior to forecast key market moves. This BTC/USD 15-minute chart showcases a beautiful execution of MMC principles, blending curved structure analysis, SR interchange, and trendline dynamics to capture a compelling bullish opportunity.
🧩 Chart Structure Analysis (Detailed Breakdown):
🔸 1. Curve Line Formation & Mirror Market Concepts (MMC):
The centerpiece of this analysis is the curved market structure, which resembles a cup-like formation. Using MMC, the market is seen as reacting in mirrored patterns — left side = right side. In this context, the curve mimics the balance of supply and demand over time, providing a visual roadmap of potential price behavior.
Curve Line Resistance: The upper black arc served as dynamic resistance.
Curve Line Support: The lower arc acted as dynamic support.
Once price broke above the curved resistance, it confirmed a bullish market structure shift, triggering a key breakout signal.
🔸 2. Breakout & Retest Pattern:
Following the curve line resistance breakout, price pulled back for a retest, validating the structure. This is a high-probability continuation setup where:
The breakout confirms bullish interest.
The retest confirms that former resistance is now support.
This retest occurred exactly near the intersection of:
Curve Line Support
SR Interchange Zone (gray shaded area)
Trendline Support
This confluence adds strength to the bullish outlook.
🔸 3. SR Interchange Zone (Support/Resistance Flip):
The horizontal SR Interchange area is a key pivot zone, where price previously faced resistance. After the breakout, price came back to this level and found strong buying interest, flipping it into support.
This acts as a reaccumulation zone.
Price rejected from this zone with a clean bullish impulse.
🔸 4. Trendline Support Validation:
After the retest, price formed a new ascending trendline, respected multiple times by price. This ascending trendline acts as a guide for trailing stop placements or re-entry zones. Price remained above this trendline, reinforcing bullish structure integrity.
🔸 5. Central Zone & Liquidity Sweep:
The Central Zone marked a midpoint in the curve, which:
Acts as a balance point between the mirrored halves.
Is often used as a liquidity grab area before direction continuation.
Price dipped into this zone, likely collecting stop orders or liquidity before reversing higher — a classic MMC behavior.
🔸 6. 50% Retracement Level:
A horizontal marker near the 50% retracement level serves as a psychological and technical barrier. As of the last candle:
Price is hovering around this midpoint.
A breakout above this level would trigger further bullish movement toward the target zone.
Traders often look for volume expansion at this point to confirm conviction.
🔸 7. Target Zone (Projected via Curve Symmetry & Range Extension):
The target zone is marked near $111,600, based on:
Mirror projection of the curve's depth (height symmetry).
Range extension from the curve’s breakout.
Potential measured move based on pre- and post-breakout range.
This level represents a logical exit or partial TP zone for long positions.
📈 Trading Plan Summary:
Entry Zone: After breakout and retest around the SR Interchange/Curve Support/Trendline Confluence.
Support Confirmation: Trendline holding and bullish structure above central zone.
Mid-Target: 50% retracement breakout ($110,400).
Main Target: $111,600+ target zone based on curve projection.
Invalidation: Clear break below trendline and loss of SR flip zone.
🔍 Educational Takeaways:
Mirror Market Concepts (MMC) are highly effective in anticipating symmetrical price behavior.
Confluence of curved breakout, SR flip, and trendline validation provides high confidence in trade setups.
Market symmetry helps define logical targets, entries, and risk zones.
Always look for a pullback to structure — the best trades often come after the breakout and confirmation.
🚨 Risk Management Reminder:
As always, proper risk management is crucial. Wait for confirmation before entering, and use stop-losses below structural levels (such as the trendline or SR Interchange zone) to limit downside risk.
Downtrend Awaiting ConfirmationUSDJPY has just made a technical rebound from the support zone at 142.22 up to the resistance area around 144.60 — a confluence with both the EMA 34 and EMA 89. However, based on the chart, this zone has previously acted as a reversal point, and price is now retesting that same level of rejection.
The current price action suggests a high likelihood of a small double-top pattern forming around 144.60. If selling pressure re-emerges here, the market could reverse and head back down toward 142.22, aligning with the developing downtrend.
Moody’s recent warning on U.S. credit rating has placed pressure on the USD, while the JPY continues to hold its safe-haven appeal amid market uncertainty.
Silver Slips to $33.31 on Profit-TakingSilver eased to $33.31 per ounce, pulling back slightly as investors booked profits after recent gains. The retreat came even as the dollar remained weak and geopolitical tensions, including the conflict in Ukraine, persisted. While momentum slowed, physical demand, especially from Asia, continues to provide a firm base for silver.
Support is at $32.30, with resistance at $33.80. Additional levels include $34.20 and $34.90 above, and $31.40 and $30.20 below.
Gold Holds Near $3,340 on Trade HopesGold remained steady at nearly $3,340 per ounce on Tuesday, with demand easing slightly due to renewed trade optimism after Trump pushed back EU tariffs to July 9. The EU pledged to speed up negotiations, lifting risk sentiment. However, worries over U.S. fiscal health, global trade dynamics, and geopolitical tensions kept markets cautious. Investors now await the FOMC minutes and PCE inflation data for policy cues.
Support is seen at $3,270, while resistance is located at $3,370. Further levels include $3,150 and $3,025 below, and $3,440 and $3,500 above.
Pound Tops $1.357 on Solid DataGBP/USD advanced above $1.357, hitting its highest level since February 2022, as Trump’s delay of the 50% EU tariff boosted global sentiment. The pound also gained from promising April data, with retail sales rising 1.2%, marking the fourth monthly gain. Inflation stayed high at 3.5%, adding uncertainty over the BoE’s next move. Markets now price in a 50% chance of a rate cut by August, with another possible by year-end.
Support lies at 1.3425, with resistance at 1.3600. Other key levels are 1.3850 and 1.3750 above, and 1.3165 and 1.2890 below.
Euro Nears $1.14 as Dollar is PressuredEUR/USD climbed to $1.1395, approaching a one-month high as the dollar softened amid mounting U.S. fiscal concerns and uncertainty over Trump’s tax-and-spending bill. Risk sentiment improved after Trump delayed a planned 50% tariff on EU goods, easing fears of a transatlantic trade clash. The euro also gained from ECB President Lagarde’s remarks that it could strengthen as a global currency if EU institutions were reinforced.
Resistance is at 1.1425, with additional levels at 1.1460 and 1.1580. Support begins at 1.1260, followed by 1.1100 and 1.1050.