Euro will correct a little and then continue to move up nextHello traders, I want share with you my opinion about Euro. Observing this chart, we can see how the price entered to upward channel, where it at once dropped from the resistance line to the support line and then started to grow. In a short time price rose to the 1.1210 level, broke it, and even rose a little more, but soon turned around and declined to the support line of the channel. Then the Euro made an upward impulse, and then broke the 1.1210 level one more time and continued to grow inside the channel. Later price reached the resistance line of the channel and then corrected, after which, in a short time rose to the support area, breaking the 1.1400 level. But soon the price turned around and dropped to the 1.1210 level, thereby exiting from channel. Next, Euro continued to grow inside the wedge, where it rose to the current support level and soon broke it. After this, the price rose to the resistance line of the wedge and then corrected, after which it made an upward impulse. Price exited from the wedge, and now I think that the Euro can make a correction, after the rise, and then continue to grow next. That's why I set my TP at 1.1560 points. Please share this idea with your friends and click Boost 🚀
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Trend Analysis
AUD/USD.1Day chart patternAUDUSD 1 DAY CHART
📊 Observations:
Price has broken out of a resistance zone around 0.65500.
There are two key targets drawn on the chart:
1. First target zone: ~0.66800
2. Second (major) target zone: ~0.69000
---
🎯 Target Estimations:
Using the breakout base near 0.65000 and measuring the move:
✅ First Target:
Around 0.66700 – 0.66800
This aligns with previous structure and resistance from mid-2024.
✅ Second Target:
Around 0.68800 – 0.69000
Based on a larger measured move and previous highs from July–August 2023.
---
🚨 Key Support:
Breakout support around 0.65000
Cloud (Ichimoku) support & structure at 0.64000 (critical invalidation level)
Let me know if you'd like help calculating stop-loss, lot size, or risk-reward for this setup.
XAU/USD.2h chart pattern..From your XAU/USD (Gold vs USD) 2-hour chart, im showing a bullish channel breakout with a clearly marked target level.
📊 Observations:
The chart displays an ascending channel with price breaking above a key resistance zone (~3412).
The projected target is explicitly marked at:
🎯 3,500.641
This is likely derived from a measured move using the height of the previous consolidation range added to the breakout point.
---
🔍 Summary:
Breakout Zone: ~3,412
Target Zone: 3,500.641
Support Zones:
Near-term: 3,370 – 3,390
Channel bottom: ~3,337
Key invalidation: Below 3,320
Would you like help with setting a stop-loss or trailing exit plan to lock in profits as price moves?
Bearish momentum to meet support on USDCAD: Looking for a bounceEvening, just wanted to share what I’m seeing on the USDCAD chart
Price on USDCAD has been in clear bearish momentum, but we’re now approaching a strong support zone, that’s held firm multiple times before, as I marked it on my chart. Price is approaching the zone again and I am taking it into account for a potential bounce.
I’ll be watching for bullish confirmation as usual requirement before entering. If that support holds, I’m targeting 1.38400 , totally achievable if momentum shifts.
BUT, if this zone breaks with momentum, I’ll reassess it and stay flexible.
💡 Reminder: Patience is power, no entry until price shows me something worth reacting to. This is not financial advice.
congrats to tesla longs! boost and follow for more ❤️🔥 in my last tesla update in early april I mentioned the break of trend resistance, and how that resistance acted as support.. how this meant the bottom was likely in. lots of people doubted this, but here we are a few months later at my short term targets 🎯
now we are sitting at a important trend support that has held since april, a break below can send us to 290-300 before the next push higher.. if we hold here and start to rally it might go straight to my next target around 430..
whether it breaks or holds, I think 430 will get hit soon enough.. I am wearing a tesla shirt as a write this analysis hehe.. 🤣 I will see you soon with more updates, I am done for today! felt good to post some stuff after being gone for over a month.
Altcoins Market Bull Market Confirmed, RavencoinI have something very, very interesting here, and it has two parts.
1) Ravencoin is breaking out with three digits green, +150% within today's candle.
2) This is very interesting because this is the exact same chart as all the other major and minor altcoins —What one does, the rest follows. It confirms the altcoins market bull market is here.
First, let me ask you something; Would an altcoin breakup by 150% in a single day in a correction or bear market? This only happens preceding a major bullish phase.
Ravencoin hit bottom early April, the low first happened on the 7th followed by double-bottom on the 9th. This led to a small recovery and now a massive bullish breakout.
All the altcoins we've been seeing, most of them, bottomed early April as well. All of these produced some growth between April and May. All of these went into a retrace late May to early June, and all those will start to break up soon.
The altcoins market bull market is already confirmed, this is proof.
Prepare for massive growth.
Thanks a lot for your continued support.
Namaste.
USD/CHF - Triangle Breakout (06.06.2025)The USD/CHF pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.
Target Levels:
1st Resistance – 0.8263
2nd Resistance – 0.8227
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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.
XAU/USD) Breakout strong bullish trend Read The captionSMC Trading point update
Technical analysis chart of gold (XAUUSD) on the 4-hour timeframe. Here’s a breakdown of the key ideas presented in the chart:
---
Key Support/Resistance Zone
A yellow rectangular zone marks a significant support/resistance level.
This level was previously a resistance and has now been flipped into support ("new support level").
---
Trend Analysis
Uptrend line (lower diagonal line): Shows support and higher lows forming a bullish structure.
Downtrend lines (upper diagonals): Show past resistance levels being tested.
Strong downtrend line has now been broken, which is bullish.
---
Target Points
Three bullish targets are marked:
1. $3,436.70
2. $3,500.93
3. $3,647.33
These targets seem to be based on:
Breakout above the resistance zone.
Measured move projections from previous impulsive rallies.
---
Technical Indicators
200 EMA (Exponential Moving Average): Currently at $3,261.87, acting as dynamic support.
RSI (Relative Strength Index):
Current RSI is 54.80, indicating neutral momentum.
Previously touched overbought zone (~69), indicating strong recent bullish momentum.
---
Arrows
Green arrows mark strong bullish bounce points.
Red arrow marks a rejection from the downtrend line (previous resistance).
Mr SMC Trading point
---
Conclusion (Idea Summary)
Price has broken out of consolidation and downtrend resistance.
If the price holds above the yellow support zone and 200 EMA, a bullish continuation is likely.
Targets: $3,436 → $3,501 → $3,647.
Confirmation of breakout and momentum depends on volume and RSI behavior in coming candles.
---
pelas support boost 🚀 analysis follow)
Gold Update – The Reversal Is Still in PlayYesterday’s price action confirmed what we’ve been discussing in recent updates: the upside is vulnerable, and the real move could be lower.
Gold did push toward the 3400 zone, as expected — but that test was short-lived. Sellers stepped in aggressively, and price dropped back toward the 3350 support zone, closing the day with a bearish engulfing candle on the daily chart.
Will we have a new leg down?
That’s the big question now. While bulls are hoping for continuation, the current rebound is weak and seems to be shaping into a bear flag.
Why I Expect More Downside:
- Strong rejection from 3400 key level
- Daily chart printed a bearish engulfing
- Rebound structure looks corrective, not impulsive
Trading Plan:
I continue to look for selling opportunities on spikes, especially near resistance levels like 3375–3385.
If the 3340-3350 zone falls, I expect down acceleration and a drop even to 3200 zone.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
USD/CAD) Bearish trand analysis Read The captionSMC trading point update
Technical analysis of USD/CAD on the 3-hour timeframe reflects a bearish market outlook. Here’s a breakdown of the idea:
---
Trend Overview:
The pair is in a clear downtrend, confirmed by:
Lower highs and lower lows
Price trading below the 200 EMA
A bearish flag pattern in play
---
Key Zones & Levels:
1. Resistance Zones (Yellow boxes):
Upper zone (~1.3835 area): Previously tested and rejected (marked by the red arrow).
Mid-zone (~1.3745 area): Labeled as a resistance level, previously support turned resistance.
2. Support Zone:
The price is heading toward a projected target point at ~1.35584, which aligns with previous support.
---
Bearish Confirmation:
The price attempted a retracement but failed to break above the resistance level.
The structure shows a bearish continuation pattern, suggesting a move downward is likely.
---
Indicators:
RSI (Relative Strength Index):
Currently near 37, not oversold yet, but suggests bearish momentum is still strong.
Also shows slight bearish divergence (lower highs on RSI while price was consolidating).
---
Projection/Trade Idea:
Scenario: Break and retest of the current level (~1.3679), with a continuation to the target at 1.35584.
Risk Areas: Any break above 1.3745 could invalidate the setup.
Confirmation: A clean bearish candle below the minor support could confirm entry for short sellers.
Mr SMC Trading point
---
Summary:
This is a supply-and-demand + structure-based bearish setup. The market is showing weakness below resistance, and the next logical target is 1.35584, barring any macroeconomic reversal (e.g., USD or CAD news).
Please support boost 🚀 this analysis)
USDJPY is Nearing an Important ResistanceHey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 143.700 zone, USDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 143.700 support and resistance area.
Trade safe, Joe.
Bitcoin's Roadmap: Price Structure, Fair Value & Market RhythmSince bottoming on November 21, 2022, Bitcoin has embarked on a remarkable bull run, rising +623.5% over 927 days and reaching a new all-time high (ATH) of ~112K.
When compared to the previous bull cycle, spanning 1061 days and producing a +2086% gain, this current rally shows signs of diminishing returns, a typical behaviour of maturing markets. Traders now face a critical question: has Bitcoin peaked for this cycle, or is another surge toward ~120K+ possible?
Historical Echoes: Elliott Wave Comparison
The 2018–2021 bull market formed a five-wave Elliott structure. That cycle ended with a -77.5% correction. The current cycle similarly traces out a completed five-wave advance from the $15.5K low, suggesting we may now be in a corrective phase.
Current hypothesis: Bitcoin is in Wave B of an ABC correction, with Wave C potentially targeting $64K–$70K.
Harmonic Confirmation: Cypher Sigma Pattern
A refined harmonic formation, I call it the Cypher Sigma Harmonic Pattern (CSHP) and it has proven highly effective in volatile assets like Bitcoin. It differs from the classic Cypher by:
BC projection: 1.07–1.136 of XA (vs. 1.272–1.414)
CD retracement: 0.786–0.886 of XC
BD extension: 1.272–1.618 of BC (not present in traditional Cypher but often targets 1.272-2.0)
In 2022, this pattern predicted the bottom near $16K. Currently, another Cypher Sigma is potentially forming, pointing to a possible correction to ~$64K. This target aligns with historical level (the 2021 ATH zone) and represents a possible -40% pullback.
Multi-Layered Technical Confluence
Pitchfork Resistance: Bitcoin rejected the upper resistance (Fib 1.0–1.136 zone)
Pitchfork Golden Pocket Support: ~$64K matches the golden pocket and high-liquidity area
Fibonacci Circles: Rejection precisely at the 1.618–1.65 circle arc (~$112K)
Speed Fan 0.618: Key structural support intersects projected retracement zone
Previous 2021 ATH
Together, these tools strongly support the hypothesis of a macro top forming.
Fair Value Trend Model (FVTM) – New Indicator
As part of ongoing research into Bitcoin’s long-term valuation, I developed the Fair Value Trend Model—a logarithmic regression-based indicator tailored for Bitcoin. Here is an example on the monthly timeframe.
Key Features:
Computes a log-log regression: ln(Price) vs ln(Days since inception)
Yields a power-law growth curve: F(t) = C · ^b
Includes dynamic channel bands at user-defined percentage offsets
Projects the trend forward in time with linear extrapolation
I have just freshly published this indicator for free on TradingView. Visit my profile, add it to your chart, and explore how Bitcoin consistently revisits its fair value in bear markets before launching new macro waves.
Use Cases:
Identify overextensions above the fair value channel
Spot mean-reversion setups near the lower channel band
Gauge long-term trend continuation via slope and forecast
The indicator is best used on daily, weekly and monthly charts, and it supports both all-time and rolling-window modes.
Educational Insight:
The Fair Value Trend Model isn’t just a tool! It's a lens to view the long-term rhythm of the Bitcoin market. By understanding where the fair value lies, you gain the clarity to separate short-term volatility from long-term opportunity.
Every great trader starts with a desire to understand. If you're learning, experimenting, and observing patiently—you’re on the right path. Let this model be your guide through the noise. Trust the math, respect the cycles, and never stop refining your edge.
Study day and swing trading, improve your technical and psychological skills, and wait patiently for high-probability trade setups, whether short-, medium-, or long-term. Being patient is key.
Psychological Insight: Mastery Over Impulse
The greatest returns favour the patient. Traders who ignored the noise in 2022 and accumulated around $16K were rewarded exponentially. As Bitcoin potentially enters a correction, the same principle applies: monitor, learn, and prepare—not panic.
Top-tier traders execute based on structure, not emotion. This cycle will reward those who:
-> Study multi-timeframe confluences
Outlook: Bearish Retracement, Bullish Opportunity
While a push to $120K+ is possible, the confluence of Elliott Wave, harmonic patterns, and macro tools suggest a potential 40% retracement into ~$64K by end of 2025/early 2026. This aligns with historical patterns and may offer a great buying opportunity.
This cycle isn’t about catching the exact top—it’s about navigating it intelligently. Use tools that reflect structural value, not just reactive price action. Combine the Fair Value Trend Model with other tools to gain clarity. Most importantly: remain curious, remain disciplined.
Happy trading.
Thanks for reading =) stay sharp, stay patient, and keep evolving 🚀
_________________________________
If you found this helpful, leave a like and comment below! Got requests for the next technical analysis? Let me know.
Bitcoin in a clear bearish movementBitcoin in a clear bearish movement
BTC created a clear bearish movement yesterday following our previous swing trade setup.
The price spend some time below the red zone near 106700 and yesterday suddenly the bearish wave started and already reached the first target.
The price could take a pause today near to 103500 - 104000 but it should continue to drop further as shown in the chart with targets 97800 and 94000
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❤️
Previous analysis:
FETUSD is an excellent buy, targeting at least $3.75Artificial Superintelligence Alliance (FETUSD) or otherwise known as FETCH.AI has been trading within a multi-year Channel Up and right now is on its latest Bullish Leg and quite possibly the last for this Cycle.
Given that all similar Bullish Legs that started with 1W MACD Bullish Crosses that low, grew by at least +1012%, we expect a minimum Target for this Cycle at $3.75. If it follows the more aggressive +2041% rise of 2023/ 2024, we can even see $7.00 but that is the more optimistic scenario.
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EURUSD Long Setup Above 1.14544 – Trendline in FocusFX:EURUSD is showing a potential long setup if price breaks above the 1.14544 level . The trade's potential is influenced by an ascending trendline around 1.14710 . If the market hesitates at this level, it may be wise to close the position or move the stop loss to breakeven .
SPY/QQQ Plan Your Trade For 6-5 : Inside BreakawayToday's SPY Cycle Pattern is an Inside Breakaway pattern - which indicates the markets want to try to break away from the sideways range I've been sharing with you.
Gold and Silver are making a very big move higher this morning - which may be indicative of some crisis or military conflict move throughout the world.
I see this move in Metals as a bit of a warning to the global markets. Metals hedge global risk levels. A rise in metals suggests traders fear some crisis event and are banking on Silver/Gold as an efficient hedge.
BTCUSD is still trading within the sideways channel as well. I see BTCUSD less as a hedge and more as a technology/Block-chain asset. No matter how you slice it, BTCUSD is not really an alternate currency, it is a Technology asset.
We could see some big moves over the next 2-5+ days because of how the markets are setting up and how Gold/Silver are reacting.
Buckle Up.
Get Some.
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Lingrid | EURCAD long OPPORTUNITY in Consolidation ZoneFX:EURCAD has formed a double bottom at the intersection of the support level and upward trendline after a steep correction from the 1.57201 high. The price is consolidating just above 1.56000, showing signs of reversal as it tries to reclaim the bullish structure. A confirmed breakout above minor resistance may open a path toward the 1.56760 level.
📈 Key Levels
Buy zone: 1.55800–1.56050
Buy trigger: close above 1.56200
Target: 1.56760
Sell trigger: drop below 1.55800
💡 Risks
Failure to hold above the upward trendline could invite bearish continuation
Extended rejection from the swap zone limits upward momentum
Lower highs forming may signal weakening bullish strength
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
USD/CHF 4H Bearish Setup: FVG Rejection & EMA Resistance Strateg🔵 Chart Structure
🔻 Downtrend Identified
* Lower highs & lower lows forming.
* Resistance line sloping down 📉.
🧲 EMA 70 (0.82387)
* Acting as dynamic resistance 🔴.
* Price currently sitting just below it ⬇️.
💠 FVG (Fair Value Gap) — 0.82441 to 0.83097
* Price expected to fill the imbalance here.
* Confluence with resistance = 🔥 ideal sell zone.
🎯 Trade Plan (Short Setup)
🟦 Entry Point:
* 💥 0.82415
* Just under EMA + inside FVG zone.
🛑 Stop Loss:
* ❌ 0.83110
* Above FVG + above previous high = protected stop.
🎯 Take Profit:
* ✅ 0.80150
* Near prior demand zone + horizontal support.
* Target zone clearly marked in light blue 🧊.
⚖️ Risk-Reward Ratio
🎲 Estimated around 2.5:1 or better.
✅ High reward potential if resistance holds.
⚠️ Caution / Notes
🔎 Watch for bearish confirmation candles 🕯️ at entry zone.
📆 Be aware of economic news that could impact USD or CHF.
🧪 If price closes above 0.83110, setup becomes invalid ❌.
📌 Summary
Element Level Emoji
🔵 Entry 0.82415 💥
🛑 Stop Loss 0.83110 ❌
✅ Take Profit 0.80150 🎯
🔻 Trend Bias Bearish 📉
📐 Tools Used EMA, FVG, Resistance 📊
EURUSD Analysis – Short Bias Builds on Key Resistance RejectionEURUSD pair is currently testing a critical resistance zone around 1.1495–1.1500, with bearish rejection beginning to form on the 4H timeframe. The technical setup suggests a potential lower high forming within the context of a broader downtrend, supported by a confluence of horizontal resistance and bearish risk catalysts.
🔍 Technical Overview:
Resistance Zone: 1.1495–1.1575 (multi-timeframe key levels)
Support Levels to Watch: 1.1234 (range base) and 1.1086 (swing low)
Price Action: After a sustained rally, price is showing exhaustion near previous highs, and a rejection pattern is emerging, suggesting selling interest.
Risk Management: Stop placed above 1.1575 high, with downside targets near 1.1234 and extended toward 1.1086.
🧠 Fundamental Backdrop:
ECB Policy Outlook: Lagarde recently warned that a stronger euro and higher tariffs may hurt EU exports. This dovish tone could weigh on EUR sentiment in the medium term.
US Dollar Strengthening: The latest US labor market data (ADP, JOLTS) beat expectations, showing continued resilience in employment and wage growth. This supports the Fed's data-dependent approach, favoring a stronger USD.
Macro Tensions: Global trade concerns (Trump’s tariffs, weak China demand, Germany’s slowing job market) are adding pressure to EUR while supporting safe-haven USD flows.
ECB Consumer Expectations Survey (April): Highlights persistent inflation fears and deteriorating economic confidence.
⏳ Scenario Outlook:
✅ Bearish Bias Preferred below 1.1500 with confirmation of rejection.
🎯 Target Zone 1: 1.1234 – Strong structure & demand zone.
🎯 Target Zone 2 (Extended): 1.1086 – Major low from mid-May.
❌ Invalidation: A breakout and close above 1.1575 would neutralize the bearish outlook and open up higher targets toward 1.17.
Conclusion: The EURUSD pair presents a compelling short opportunity, with both technical resistance and macro pressure aligning for a retracement or reversal. Short setups are favored unless bulls reclaim and hold above the 1.1575 handle.
EURO - Price can drop to $1.1280, breaking support levelHi guys, this is my overview for EURO, feel free to check it and write your feedback in comments👊
A few days ago price broke $1.1375 level and then entered to triangle pattern, where it at once dropped from resistance line.
Price fell to $1.1375 level, where it some time traded between and then continued to decline to $1.1220 level.
When Euro declined to this level, it at once broke this level and fell to support line of a triangle pattern.
Next, price turned around and in a short time rose higher than $1.1220 level, breaking it and continued to grow next.
Euro rose to resistance line and then corrected, after which it made an upward impulse, thereby exiting from triangle.
Now, price traded inside resistance area, near $1.1375 level, and I think EUR can drop to $1.1280
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
TradeCityPro | ALGO: Bearish Pressure Builds Near Key Support👋 Welcome to TradeCity Pro!
In this analysis, I’m going to review the ALGO coin for you. The Algorand project is one of the Layer 1 and RWA projects.
⚡️ The coin, with the ticker ALGO, currently holds a market cap of $1.63 billion and ranks 53rd on CoinMarketCap.
⏳ 4-Hour Timeframe
As you can see in the 4-hour timeframe, after the price reached the 0.2505 resistance level, a bearish phase began, and with the breakdown of the 0.2123 level, the first bearish leg extended down to 0.1912.
✔️ After this drop, the price retraced up to the 0.382 Fibonacci level and now has returned to the 0.1912 zone. Given the strong bearish momentum in the market, the probability of breaking this level is quite high.
✨ If 0.1912 is broken, the extension wave could begin. According to Fibonacci projections, the targets for this position are 0.1780, 0.1732, and 0.1602.
💥 An entry of RSI into the Oversold zone would serve as a very strong momentum confirmation for this position. If that happens, the price may reach the 0.1602 target.
📊 Volume also plays a key role. Currently, the selling volume isn’t very strong, which might result in a fake breakout of 0.1912. I suggest waiting to see whether sell volume increases, because without volume, price movement is unlikely.
📈 For a long position, the first trigger we currently have is the 0.2023 level, which is a significant high and overlaps with the 0.382 Fibonacci retracement level. Breaking this level could resume the long-term bullish trend.
💫 The momentum confirmation for a long position would be the RSI breaking above the 50 level. A breakout here could kick off a bullish trend in the higher timeframes.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
EUR/AUD Bullish Channel Trade Setup –Demand Zone Bounce Strategy📉 1. Downtrend Ends
🔽 Price was falling earlier (left side of chart)
🔄 Then it reversed at the bottom of the channel (yellow dot)
➡️ Trend Change Begins
📈 2. Uptrend Channel Forms
📊 Channel consists of:
🔵 Resistance Line (upper blue)
🟢 Support Line (lower blue)
🔁 Price is bouncing between these two lines like a pinball:
🔵 Resistance Line
| 🔼
🟢 Support Line
💠 3. Key Trading Zone
🔷 DEMAND ZONE: (Bright blue box)
🟦 Between 1.74697 and 1.75349
👉 Buyer interest expected here
🎯 4. Trade Setup (Bullish Idea)
🟢 Entry Point:
📍 1.75349
✨ Near support zone and channel bottom
🔻 Stop Loss:
🚫 1.74710
📉 Below the demand zone, protects from downside
🎯 Target Point:
🎯 1.77800
📈 Near the resistance line at the top of the channel
📊 Strategy Flow (Emoji Dots Path)
📉 🔽 🔽 🔽
🟡 Bottom found
⬆️ 🔼 🔼 🔼
📈 Enters channel
🟦 Price enters DEMAND ZONE
🔽
🔵 Entry: 1.75349
🔼
🎯 Target: 1.77800
✅ Final Thoughts
This is a clean bullish setup within a rising channel
✅ Wait for price action confirmation (like a bullish candle 🕯️) in the demand zone
🔒 Protect with your stop loss
🚀 Potential reward is strong if it bounces up