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GBPUSD → Countertrend retest of support before growthFX:GBPUSD is forming a countertrend correction to the zone of interest and liquidity while the dollar is stagnating. The market is waiting for a fundamental driver. Within the uptrend, a countertrend correction is forming towards the liquidity zone at 1.342. Against this backdrop, the dollar is correcting and contracting towards support. The currency pair's price continues to decline, but within the uptrend, breaking the local structure but not the market character. The focus is on the current trading range of 1.342 - 1.359. A retest of support could bring the price back to resistance. Support levels: 1.3421, 1.339 Resistance levels: 1.3507, 1.3593 A quick retest of the liquidity zone at 1.3421, the inability of GBPUSD to continue falling, a false breakdown, and the price consolidating above 1.3421 would be a good indication that buyers are trying to hold the market. In this case, we could see the price strengthen. Best regards, R. Linda!
Long
by RLinda
1
GAIL 1H Chart Analysis (Trendline Breakout Setup)NSE:GAIL GAIL 1H Chart Analysis (Trendline Breakout Setup) The 1-hour chart of GAIL (India) Ltd shows a clean descending trendline breakout followed by higher lows, indicating strength building up. The price is consolidating just below a horizontal resistance around ₹193, forming a potential ascending triangle pattern. Trendline Breakout: Price has broken a long-standing descending trendline. Retest and higher lows have followed the breakout, showing bullish intent. Ascending Triangle Pattern: Horizontal resistance near ₹193 is tested multiple times. Rising trendline support suggests buyers are becoming aggressive. Volume Confirmation Needed: A breakout above ₹193.10 with volume would validate the bullish setup. Trade Setup: Buy Entry: Above ₹193.10 (confirmed breakout Stop Loss: Below ₹190.00 (below rising trendline) CLOSING BASIS Target 1: ₹196.85 (resistance zone) Target 2: ₹204.50 (swing high) The combination of trendline breakout and ascending triangle formation indicates a strong bullish continuation setup. Entry above ₹193.10 is ideal after confirmation, with targets up to ₹204 and risk well-managed below ₹190. Disclaimer: I am not a SEBI-registered advisor. The analysis shared is purely for educational and informational purposes only. Please consult your financial advisor before making any investment or trading decision. Trading and investing in the stock market involves financial risk. The author will not be held responsible for any losses incurred. @thetradeforecast NSE:GAIL NSE:NIFTY
NSE:GAILLong
by thetradeforecast
Gold V-shaped reversal still has room to rise In the morning, the market was under pressure at 3328, and two consecutive big negative lines fell to the low of 3302, breaking through the lower track of the descending flag consolidation channel, forming an effective break. 3317 was originally the confirmation point of the channel counter-pressure, and it was also the 618 split resistance at the time. Then the middle track was lost, and the trend was bearish, so it tried to rebound but continued to fall under pressure. But the market immediately made a V-shaped reversal, breaking through the morning high of 3328, and had attacked to 3342 before the US market. The European session was volatile and strong, and with the help of a pullback before and after the U.S. session to lure short sellers, there is still hope for a second rise The focus of the support for the retracement is on two positions: one is the 3322 line, corresponding to the middle track and 50% split support; the other is 3318, corresponding to the 618 split support. If it stabilizes after touching it, it will most likely point to the 3348 counter-pressure position. If the pressure of 3348 cannot be broken, there is still a possibility of repeated fluctuations in the short term. It is necessary to pay attention to whether the secondary low point appears when it pulls back to further consolidate the support structure. If the market directly breaks through and stands above 3348, 3293 may have been confirmed as a short-term low. The recent trading strategy ideas are all realized, and all the points are predicted accurately. If your current gold operation is not ideal, I hope I can help you avoid detours in your investment. Welcome to communicate with us!
OANDA:XAUUSDLong
by TP_Daniel5
PayPal: Rebound or Rerun?PayPal in 2025: A breakout with backbone or just another spineless fintech? PayPal is still in the rehabilitation ward after its fall from grace in 2021. Management drama, growth slowdown — the full fintech fatigue package. But something has shifted behind the scenes. A new CEO is cutting costs, AI integration is being whispered about, and earnings have started to surprise again. Wall Street pretends not to notice — but volume tells a different story. Technically, we’re looking at a well-formed inverse head and shoulders. The neckline stretches from $72.00 to $74.76, aligning with the 0.5 Fibonacci level. A confirmed breakout above this zone opens the path to a clear target at $93.66 — the 1.0 Fibonacci extension. Multiple EMA clusters and strong pattern symmetry reinforce the setup. But no fairy tales here: the real entry comes after a retest. Without confirmation, it’s just another pretty formation for chart enthusiasts.
NASDAQ:PYPLLong
by TotoshkaTrades
7
AUDUSD InsightHello to all our subscribers! Please share your personal opinions in the comments. Don’t forget to like and subscribe. Key Points - U.S. Secretary of Commerce Howard Lutnick stated that "a broad agreement has been reached to implement the Geneva Accord with China," adding that "the results will be reported to President Trump, and the agreement will be implemented once both leaders approve." - It is reported that in this negotiation, the U.S. offered to ease semiconductor-related sanctions in exchange for a stable supply of rare earth elements from China. Major Economic Events This Week + June 11: U.S. May Consumer Price Index (CPI) + June 12: U.K. April GDP, U.S. May Producer Price Index (PPI) + June 13: Germany May Consumer Price Index (CPI) AUDUSD Chart Analysis The pair has broken out of the recent range between 0.64000 and 0.65000 and is showing upward momentum. In the long term, a rise toward the 0.69000 level is expected. However, there may be resistance near the 0.67000 level, so close attention is warranted in that area.
Long
by shawntime_academy
Gold fluctuates repeatedly and opportunities emerge.Gold bottomed out in the Asian session and rebounded to break through the opening of the decline. The European session continued to break through yesterday's high. The US session continued to break through the key pressure position of 3335-3345, and walked out of the standard strong cycle. After the break, it is necessary to change the thinking and follow the trend to be bullish. Pay attention to the support below 3315-3325. In terms of operation, it is mainly long when it falls back. The upper side gradually looks to 3352 and 3365. If the pressure is not broken, look at the falling space! Operation suggestion: Go long when gold falls back to 3325-3315, and look at 3338 and 3352! If the pressure above 3352 and 3365 is not broken, you can short! The recent trading strategy ideas are all realized, and all the points are predicted accurately. If your current gold operation is not ideal, I hope I can help you avoid detours in your investment. Welcome to communicate with us!
OANDA:XAUUSDLong
by TP_Daniel5
XRP Is Quiet—But This Calm Is Deceptive!Yello Paradisers—have you noticed how #XRP isn't on anyone’s radar right now? It’s not trending, no one’s hyping it, and to many, it’s just another slow mover. But here’s the thing: this type of silence often comes before the real storm, and the technical are quietly lining up. 💎#XRPUSDT is seeing now a period of consolidation The 1D bullish trend structure has been broken, and since then, price has entered into a tightening consolidation phase. While this may seem like indecision, it’s more likely a preparation for a potential high-probability upside expansion. 💎Price is now hovering just above the 0.786 Fibonacci level (~$2.25), which has started acting as a soft support. This is not a level to blindly trust, but one to monitor for reactions. If price manages to hold here, the next high-probability target lies at the short-term resistance around $2.5917, followed by major resistance at $2.9480, which aligns with a broader liquidity zone. 💎One key factor to keep in mind: the descending trendline liquidity has not been swept for a long time. That uncollected liquidity still sits just overhead, and markets usually don’t leave such inefficiencies behind forever. A spike toward that zone becomes increasingly probable the longer we range here. 💎At the same time, the MTF EMA on the daily chart is acting as a soft dynamic resistance, pushing the price down gradually. This setup increases the probability that we may see another touch of the 0.786 level. If that fails to hold decisively, the next likely area of interest will be the major support zone around $2.00. 💎Still, that major support remains unbroken and continues to act as a probability-backed structure for potential bullish defense. Until we get a clean daily candle close below $1.791 (invalidation level), this entire zone remains technically favorable for a potential reversal or liquidity sweep to the upside. We are playing it safe right now, Paradisers. If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
6
AVAX About to Nuke Longs Before Pumping to $30?Yello Paradisers — are you prepared for the next major #AVAX move, or will you once again fall into the trap smart money is setting right now? The chart is screaming probable bullish continuation, but not before one final trick to flush out weak hands. We warned you before — and now the game is unfolding exactly as expected. 💎#AVAXUSDT has clearly broken market structure by forming a higher high, confirming a potential trend shift. However, price failed to close above the 25.82–26.93 resistance zone, leaving the bullish breakout unconfirmed. This hesitation right at a critical level increases the probability of a fakeout or liquidity sweep before any continuation. 💎Right now, we are hovering just above the ascending trendline, and based on current structure, the most probable scenario is a sweep of that trendline liquidity, grabbing stops from impatient longs before the market forms a clean higher low and reverses aggressively to the upside. 💎The green zone around 22.00–23.00, which previously acted as resistance, has now flipped to support. As long as price holds above this level, the bullish probability remains dominant. However, if we see a temporary dip below the trendline toward the 19.08 region, where support lies, that would likely be a classic liquidity hunt — designed to trigger fear, force early exits, and then reverse powerfully into the next leg. 💎And while both scenarios favor upside, it is the path of maximum frustration — likely a wick into 19.00 — that has historically proven most probable before larger breakouts. 💎A sustained move above the 26.93 level, especially on a daily candle close, would significantly increase the probability of continuation toward the major resistance between 30.00 and 30.74. This zone remains the main upside target in the short to mid-term. 💎On the other hand, if price closes below 16.67, that would invalidate this bullish outlook and open the door to deeper downside. Until then, structure remains bullish, and the higher-probability outcome still favors upside after a potential short-term shakeout. This is the point where the weak hands get shaken out and smart money reloads, Paradisers. If you're aiming for long-term success, wait for high-probability setups and protect your capital. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
2
Gold rebounds and repairs, is it a shock or a bull market?📰 Impact of news: 1. Geopolitical situation 2. Impact of the US dollar trend on gold 📈 Market analysis: At the gold hourly level, after the pressure in the Asian session in the morning, it directly fell to the vicinity of 3302. The big Yin effectively lost the lower track of the descending flag consolidation channel. The original 3318 line was the confirmation of the channel counter-pressure point, which happened to be the 61.8% split resistance level at that time. At the same time, it lost the middle track. Therefore, we gave a trading idea of ​​looking at the rebound under pressure and continuing to decline in the European session. As a result, the market directly took a V-shaped wash-up and once pulled up to the vicinity of 3342. The European session fluctuated strongly and rose. Before and after the US session, it took advantage of the retracement to lure the short position, and there is still the possibility of a second pull-up space. Therefore, in the subsequent retracement support level, pay attention to two positions, one is 3322-3324, and the other is the 61.8% division support level of 3318. If it stabilizes, there is a high probability that there will be a second upward space, pointing to 3348. If the pressure here cannot be overcome, the bottom will continue to oscillate back and forth. At that time, it will fall back to see if a secondary low point can be formed to further stabilize the support. If it goes straight through and stands on it, 3293 may already be the short-term low. On the whole, I still hold short orders before the effective breakthrough of 3345, but at the same time, as the gold price rebounds and moves upward, the short-term support level is temporarily expected to be 3325-3320. 🏅 Trading strategies: SELL 3335-3345 TP 3325-3315 BUY 3325-3330 TP 3350-3360 If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices. TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD OANDA:XAUUSD
OANDA:XAUUSDLong
by AllenBoswell-2
PCG | Potential Reversal Zone at LT Support + Breakdown Retest📍 Ticker: NYSE:PCG (Pacific Gas & Electric Co.) 📆 Timeframe: 1W (Weekly) 💡 Pattern: Head and Shoulders Breakdown → Testing Key Support 📉 Price: $14.79 (as of last candle close) 📊 Volume: 87M 📉 RSI: 32.92 (approaching oversold) 🔍 Technical Setup: A Head and Shoulders top has completed, with price breaking down below the neckline. However, PCG is now approaching a major confluence zone: ✅ Multi-year ascending trendline support (dating back to 2020) ✅ Previous horizontal support from 2022–2023 ✅ RSI nearing oversold (32.9) — potential for bullish divergence ✅ Volume spike on breakdown — possible capitulation The blue zone marks a potential retest area. If price holds and forms a reversal candle here, a bounce toward $16–$17 is possible (prior support zone). 🧠 Trading Plan: Bullish Bias: If price shows bullish price action at/above trendline (~$14.40–$14.70) 🟢 Entry Idea 1: $14.75–$14.90 🟢 Entry Idea 2:$13.60–$14.20 🎯 Target 1: $16.20 🎯 Target 2: $17.00 ⛔️ Stop1: Close below $14.20 (trendline + neckline invalidation) ⛔️ Stop 2: Close below $12.50 (Bearish Continuation: Close below ascending trendline + neckline = further downside risk toward $12.50) ⚠️ Watchlist Notes: PCG is defensive (utilities), but often reacts to regulatory/news-driven catalysts. Recent weakness may offer a risk/reward setup near major support. RSI bearish structure is weakening — watch for divergence or failed breakdown. 💬 What do you think? Bounce or breakdown from here? 📌 Like & Follow for more setups! #TargetTraders #PCG #HeadAndShoulders #RSI #Utilities #SwingTrade #TechnicalAnalysis
NYSE:PCGLong
by TargetTraders
2
USD/JPY Battle Lines Drawn at Key Support- CPI on TapUSD/JPY plunged 4.4% into the close of May- The bears have been unable to break the 2021 original slope line, and the immediate focus is on a breakout of near-term range above support. Initial weekly resistance is now eyed with the May high-week close (HWC) / 61.8% retracement of the May decline at 145.63-146.15- a breach / weekly close above this level would be needed to suggest a larger rebound is underway. Subsequent resistance objectives eyed at the December low / May high at 148.65 and the 52-week moving average (currently ~150.08). Ultimately a weekly close above the 61.8% retracement of the yearly range / 2022 & 2023 highs at 151.62/95 would be needed o threaten resumption of the broader multi-year uptrend in USD/JPY. Weekly support rests with the yearly low-week close (LWC) at 143.68 with a close below the 2021 slope needed to fuel another run at key support (multi-year bullish invalidation) at the yearly lows near 139.58-140.49- a region defined by the December 2023 & 2024 lows and the 61.8% retracement of the 2023 advance. Look for a larger reaction there IF reached. Subsequent support objective seen at the 100% extension of the 2024 decline / July 2023 swing low around 136.51-137.24. Bottom line: USD/JPY is trading just above multi-year uptrend support with a tight-range in view early in the month. From a trading standpoint, the immediate focus is on a breakout of the 143.68-146.15 range for guidance here with the yearly downtrend vulnerable while above the 2021 trendline. Look for the breakout in the days ahead. -MB
by FOREXcom
1
Another try on the gold short tradeTo be honest, it was beyond my expectation that gold could continue to rebound above 3340. According to my original expectation, the upper limit of gold's rebound in the short term was around 3336-3338. However, gold has already touched around 3342 during the rebound, but because gold failed to close above 3345, I still advocate shorting gold in batches in the 3335-3345 area. Recently, both the long and short sides of gold have not continued, and the overall market tends to be volatile. In the short term, as long as gold does not break through 3345, gold still has a chance to retrace, which also means that the rebound is an opportunity for us to short gold, but with the rebound of gold, we need to moderately reduce the expectation of gold retracement, so for short-term short gold, our primary retracement target is in the 3325-3320 area. So for short-term trading, I think we can still try to short gold again!
OANDA:XAUUSDShort
by Steffen_Schade
Perfect grasp of the high altitude and low multi rhythm!The current trend of gold continues yesterday's trend, maintaining a high rebound and volatile market. But don't panic, focus on the performance of the rebound. If the rebound fails to break through the upper resistance level, continue to focus on shorting. The upper suppression area is locked at the 3335-3345 line. Although the bullish performance has been strengthened, if it cannot effectively break through this range, it is still a short-term weak signal. From the current market, the upper pressure is obvious, and the rebound can rely on this range to layout the main short, focusing on the continuation of the decline. The lower support focuses on the 3293-3300 integer mark, and the overall long and short wide range of volatile market is maintained. Before the daily level fails to effectively break through and stand firm at the 3345 mark, it is difficult to say that the bulls will turn strong, and operations need to be cautious. If the market adjusts, the strategy will be updated simultaneously. Operation strategy suggestion: Gold rebounds to the 3335-3345 first-line area to choose the opportunity to short, target the 3295-3306 range, strictly control risks, and follow the trend.
OANDA:XAUUSDShort
by TP_Daniel5
Full Cycle BTC Trendline Mid-2023 to Bull 2025Trendline stretching from mid-2023 lows through the entire bull structure into 2025. Unbroken since inception Touched 3+ times Currently being retested from above BTC is retesting the primary uptrend Price dipped below it in April → false breakdown May-June recovery has reclaimed it Now sitting right at the trendline, testing it as resistance-turned-support This is the ultimate decision zone A daily or weekly close above $110K confirms the trend resumed Rejection here → opens the door for retrace to $98K–$100K
KRAKEN:BTCUSD
by dogdaddevan