BITCOIN - Price can continue grow inside flat to $107933 level#BTC
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a support area at the lower boundary of the channel at 106500, acting as strong support from which the price can rebound.
We have a major support area in green that pushed the price upward at 106000.
Entry price: 106736
First target: 106996
Second target: 107434
Third target: 107933
To manage risk, don't forget stop loss and capital management.
When you reach the first target, save some profits and then change your stop order to an entry order.
For inquiries, please comment.
Thank you.
Wave Analysis
BTCUSDT Hello traders. Wishing you a great start to the week!
This week’s first trade opportunity comes from the BTCUSDT pair. Over the weekend, the pair showed significant volatility, dropping from 108,776 to 107,565 in just a few hours. However, I see this drop as a potential buying opportunity.
In my view, the price is likely to bounce back towards the 108,930.12 level in the short term. Therefore, I’ve activated the trade and I’m sharing the details with you below:
🔍 Trade Details
✔️ Timeframe: 1-Hour (H1)
✔️ Risk-to-Reward Ratio: 1:3.20
✔️ Trade Direction: Buy
✔️ Entry Price: 107,590.73
✔️ Take Profit: 108,930.12
✔️ Stop Loss: 107,181.36
🕒 If momentum weakens or price consolidates in a tight range, I will keep this trade open only until 23:00 (UTC+4). After that, I’ll manually close it—whether in profit or loss—based on how price action evolves.
🔔 Disclaimer: This is not financial advice. I’m simply sharing a trade I’ve taken based on my personal trading system, strictly for educational and illustrative purposes.
📌 Interested in a systematic, data-driven trading approach?
💡 Follow the page and turn on notifications to stay updated on future trade setups and advanced market insights.
Weekly $SPY / $SPX Scenarios for June 30 – July 3, 2025🔮 Weekly AMEX:SPY / SP:SPX Scenarios for June 30 – July 3, 2025 🔮
🌍 Market-Moving News 🌍
📈 US Stocks Rally to Record Highs
Following a volatile first half, U.S. equities surged into record territory in late June on a combination of easing Middle East tensions, cooling inflation data, and the 90-day tariff pause
💵 Dollar Weakens on Fed and Trade Uncertainty
The U.S. dollar fell to a 3½-year low, pressured by persistent speculations over President Trump replacing Fed Chair Powell and extending rate-cut expectations, as well as progress in U.S.-Canada trade talks
🇨🇦 U.S.–Canada Trade Talks Lift Sentiment
Canada temporarily repealed its digital services tax to facilitate talks seeking a broader trade agreement by July 21, boosting U.S. equity futures
🛢️ Oil Prices Stabilize
After spiking on geopolitical fears, oil traders settled between $65–78/bbl amid supply relief following ceasefire developments and easing Middle East risks
⚠️ July Risks Loom
The coming week will spotlight:
July 4 deadline for Trump’s tax bill
Expiry of the tariff pause on July 9
U.S. Nonfarm Payrolls on July 3
Each poses potential for increased volatility if outcomes disappoint
📊 Key Data Releases & Events 📊
📅 Monday, June 30
9:45 AM ET – Chicago PMI (June): Gauge of Midwestern factory activity
📅 Tuesday, July 1
U.S. markets open, watch trade developments
📅 Wednesday, July 2
Global PMI readings released
📅 Thursday, July 3 (Early close ahead of Independence Day)
8:30 AM ET – Nonfarm Payrolls (June)
8:30 AM ET – Unemployment Rate (June)
8:30 AM ET – Average Hourly Earnings (June)
These labor metrics will be critical for Fed rate outlooking
⚠️ Disclaimer:
This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.
📌 #trading #stockmarket #economy #jobs #Fed #oil #trade #technicalanalysis
GOLD 02/07 – WAVE (5) IN FOCUS WHILE ABOVE 3330 SUPPORT📊 MACRO FUNDAMENTAL CONTEXT:
The market is closely watching today's ADP Non-Farm Employment report (forecast: 99K vs. previous: 37K), which will serve as a key signal ahead of Friday's Non-Farm Payrolls.
At the same time, President Trump’s remarks on the tax reform bill triggered renewed concerns over the growing US budget deficit, raising demand for gold as a hedge.
Overall, the macro outlook remains mildly bullish for gold, especially in the context of a weakening US Dollar and rising fiscal risk.
🧠 ELLIOTT WAVE + SMC STRUCTURE OVERVIEW:
Price has likely completed a Wave (4) correction, supported by Fibonacci confluence (0.382 – 0.5 – 0.618 zone).
We are now entering Wave (5), targeting the FE 1.618 zone near 3380 – 3413, aligning with key external liquidity and the previous supply imbalance.
Short-term structure confirms CHoCH → BOS → MSS in alignment with ICT model, reinforcing the internal structure of bullish market flow.
🔍 KEY LEVELS & TRADING ZONES:
🔼 BUY ZONE:
3306 – 3304 (Demand zone + Fib retracement area)
📍 Stop Loss: 3300 (Below SSL and last swing low)
🎯 Take Profits:
3310 → 3315 → 3320 → 3325 → 3330 → 3340
🔽 SELL ZONE (SCALP):
3388 – 3390 (Potential liquidity grab & reversal)
📍 Stop Loss: 3394
🎯 Take Profits:
3384 → 3380 → 3376 → 3370 → 3365 → 3360 → 3350
📈 PROJECTED SCENARIOS:
✅ Scenario 1 – Preferred (Wave (5) Extension Active):
If price consolidates and holds above 3330 – 3335, we expect an impulsive continuation towards 3380 – 3410.
Structure remains aligned with bullish wave count, with minor retracements forming flags or wedges.
⚠️ Scenario 2 – Controlled Pullback:
If price retraces to 3310 – 3320, it may tap into remaining imbalance before resuming the uptrend.
This remains within the bullish framework unless structure breaks below 3300, which would invalidate the current wave structure.
🕵️♂️ OBSERVATION:
Current Asian session shows tight consolidation after the US correction, suggesting bullish absorption.
A breakout above 3345 will reconfirm the momentum and may attract new volume before the ADP release.
⚙️ FINAL REMARK (STRUCTURAL SUMMARY):
The overall structure remains bullish with caution, as price currently navigates the tail end of Wave (4) and potentially the start of Wave (5).
Patience is required at key levels – chasing price here is risky. Ideal approach: Wait for pullbacks into demand zones or breakout confirmations.
BITCOIN STRATED FORMING BEARISH TREND STRUCTURE.BITCOIN STRATED FORMING BEARISH TREND STRUCTURE.
Market started forming lower low, which indicate bearish trend.
After a long Bullish trend, a correction is expected in market.
Market is expected to remain Bearish in upcoming trading session.
On lower side market may hit the target level of 99,000$ in upcoming trading sessions.
On higher side 12,000$ price may act as a key resistance level for the market.
NZDCAD at Resistance: Will the Bearish Pattern Repeat?NZDCAD at Resistance: Will the Bearish Pattern Repeat?
NZDCAD has faced a strong resistance zone, and it shows no signs of a clear direction.
Looking to the left side of the chart, we can observe that despite occasional upward movements, the pair has repeatedly followed a similar bearish pattern.
This repeated behavior suggests that the current setup may once again lead to a downside move.
If history repeats itself, NZDCAD could initiate another bearish wave from this zone, potentially targeting the 0.8300 and 0.8280 levels.
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
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GOLD → Retesting resistance may lead to a breakout.FX:XAUUSD breaks the downward resistance line on the senior timeframe and tests the upper limit of the trading range amid the falling dollar and Powell's speech. The metal may continue its upward movement.
The dollar's rise was short-lived after Fed Chairman Jerome Powell hinted at an imminent interest rate cut, but not in July... The probability of a rate cut in July fell to 22%, and in September to 72%.
Markets are awaiting fresh employment data (ADP and Nonfarm Payrolls), which could influence the prospects for rate cuts. Weak reports could revive interest in gold, but for now, the asset remains under pressure due to the short-term strengthening of the dollar and uncertainty surrounding Fed policy.
Technically, if the pre-breakout structure remains intact and gold continues to attack resistance within the local range of 3347-3330 (3335), the chances of further growth will be high...
Resistance levels: 3347, 3358
Support levels: 3336, 3316, 3311
The global trend is upward, and locally, the price is also returning to growth. If the bulls can maintain the current trend, break through the resistance at 3347, and hold their ground above this level, then the next target will be 3390-3400. I do not rule out a correction to 3325, 3316 (liquidity hunt) before the growth continues.
Best regards, R. Linda!
July 2, 2025 - XAUUSD GOLD Analysis and Potential OpportunityAnalysis:
Yesterday’s rally was extremely strong, breaking above 3351, a key level I’ve been watching this week — clear sign of bullish dominance.
The swing from recent lows to highs has spanned over 100 points, a move similar to past NFP weeks, where strong rallies early in the week sometimes led to sharp drops post-NFP release.
However, it’s important not to trade based on assumptions or dreams — strategies must adapt quickly to real-time price action and data.
🔍 Key Levels to Watch:
• 3375 – Resistance
• 3365 – Resistance
• 3358 – Yesterday’s high
• 3350 – Resistance
• 3337 – Important support
• 3325 – Key support
• 3310–3312 – Intraday key support zone
• 3300 – Psychological level
📈 Short-Term (15m) Trading Strategy:
• SELL if price breaks below 3340 → watch 3337, then target 3335, 3330, 3325
• BUY if price holds above 3344 → watch 3347, then target 3350, 3352, 3355
👉 If you want to know how I time entries and set stop-losses, hit the like button so I know there’s interest — I may publish a detailed post by the weekend if support continues!
Disclaimer: This is my personal opinion, not financial advice. Always trade with caution and manage your risk.
AUDUSD → Pre-breakout consolidation for trend continuationFX:AUDUSD may continue its upward trend. After another local distribution, the currency pair is consolidating and may repeat the cycle
The dollar index continues to fall, the global trend is clear, and the price is testing multi-year lows. After yesterday's speech by Powell, the decline may intensify amid expectations of a rate cut, which will only support AUDUSD.
AUDUSD is moving within an uptrend, stopping below resistance at 0.6583, but is not going to fall.
There was a false breakout (the zone was tested), the structure is not broken, and the price continues to squeeze towards resistance, which could lead to a breakout and growth
Resistance levels: 0.6583
Support levels: 0.6566, 0.6556
There is potential accumulation in the market, and the market is choosing growth against the backdrop of a falling dollar as its direction. Accordingly, the currency pair is one step away from a possible realization phase. Thus, if the price breaks 0.6583 and consolidates above this zone, it may continue to grow in the short and medium term.
Best regards, R. Linda!
X1: GOLD/XAUUSD Long Trades Risking 1% to make 1.8%X1:
#XAUUSD/#GOLD Long Trades
GOLD/XAUUSD Long for day trade, with my back testing of this strategy, it hits multiple possible take profits, manage your position accordingly.
Risking 1% to make 1.8%
Note: Manage your risk yourself, its risky trade, see how much your can risk yourself on this trade.
Use proper risk management
Looks like good trade.
Lets monitor.
Use proper risk management.
Disclaimer: only idea, not advice
Failed Breakout Sets the Stage for Bullish Continuation"Boost it, if you like it (Thanks)"
Gold is showing resilience after a failed breakout attempt, bouncing strongly off the 3,250 support zone. This 4H chart suggests bulls are regaining control, with momentum building toward the next key resistance.
🔍 Technical Breakdown:
Failed Breakout (Failed MTR Structure): Price briefly dipped below the trendline but reversed sharply, invalidating the bearish move.
Dynamic Support: The ascending trendline near 3,250 has held firm, reinforcing bullish structure.
EMA Structure:
15 EMA: 3,323.84
60 EMA: 3,331.61 Price is now trading above both EMAs, signaling bullish momentum.
Current Price: 3,339.0
Target: 3,434.34 – the first major resistance zone before ATH retest.
🧠 Market Psychology:
This setup reflects a classic “shakeout” – weak hands were flushed out below support, only for price to reclaim the level with strength. This often precedes a strong directional move as confidence returns.
🎯 Trade Setup:
Entry: On a confirmed break above 3,345–3,350
Stop Loss: Below 3,325
TP1: 3365
TP2: 3385
Final TP(x): 3,434.34
⚠️ Watchlist:
Monitor price action near 3,360–3,370 for signs of rejection or continuation.
A clean break above 3,434 opens the door for an ATH retest.
#MJTrading
#Gold #XAUUSD #TechnicalAnalysis #TradingView #FailedBreakout #SupportAndResistance #EMA #BullishSetup #PriceAction #ForexTrading #GoldBulls #MarketPsychology
XAUUSD Consolidates Near Resistance After Strong RallyGold (XAUUSD) on the 1H timeframe has staged a solid bullish reversal from the 3,263 USD support zone, reaching a recent high of 3,357 USD. Now, the market is entering a consolidation phase just below this resistance. This price action may be setting the stage for the next directional move.
After breaking a clear descending trendline, XAUUSD formed a two-leg bullish structure with higher highs and higher lows – a classic signal of trend reversal. The rally paused around 3,357 USD, a previous swing high acting as short-term resistance. The price is currently ranging between 3,330–3,340 USD with decreasing volume, indicating a potential accumulation zone rather than distribution.
Resistance: 3,357 USD – breakout target
Support zone: 3,330–3,335 USD – short-term demand zone
Invalidation level: 3,306 USD – below this, bullish structure breaks
As long as price holds above 3,330 USD, a bullish continuation remains the primary scenario. Traders can look for pullbacks or bullish patterns within this zone for potential long entries. A break and close above 3,357 USD would confirm strength, opening the path toward 3,370 or even 3,390 USD.
Stop-loss should be placed below 3,306 USD to manage risk if the breakout fails. If price loses the 3,306 support decisively, the setup turns neutral to bearish short-term.
The breakout leg was supported by rising volume, validating real demand. Current low-volume sideways movement suggests the market is “cooling off” after the rally, often a precursor to the next breakout move. Watching for bullish engulfing candles or volume spikes near support can offer trade confirmation.
Conclusion:
Gold remains in a bullish technical structure on the 1H chart. The current range between 3,330–3,357 USD is key. If price breaks above resistance, we could see strong continuation toward higher levels. Traders should stay patient, manage risk carefully, and let price action confirm the next move.
Sol searching, for an entry. If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
The Elliottician’s Paradox: 12-12 or Zigzag? Bias Is the Key
Ever stare at a chart and ask, “Is that a 12-12 or a classic zigzag?” Yeah… welcome to the paradox we Elliotticians live in. Pattern recognition’s a blessing and a curse because context is everything, but confidence can get you wrecked.
This one’s got me on the edge.
What’s Happening Here
We’re currently watching a move that could be either:
- A corrective zigzag (5-3-5), or
- A 1-2, 1-2 setup, gearing up for a blastoff
That’s the core dilemma — two valid options, both technically legal. So what tips the scales? Bias.
The Line in the Sand: 152
Here’s what I’m watching for:
Key Level: 152
- That’s the bull/bear line for me.
- A strong impulsive reclaim above 152 flips the script. I’d reconsider the bearish view if price surges with intent.
- But if we return to 152 in a sluggish, corrective way? I’ll be eyeing continuation lower, aligned with a more traditional zigzag structure.
Elliott View
This is where the paradox plays out:
If we’re looking at a 1-2, 1-2 setup, expect:
- A powerful Wave 3 soon (should not be shy)
If it’s a Zigzag ABC:
- Then we should expect a corrective internal retracement and continuation to the down side, at minimum past the origin of the initial move.
The chart will speak loudest. But structure and strength of this next leg will confirm the story.
Final Thoughts
Trading isn’t about being right. It’s about managing scenarios — and this one’s a classic fork-in-the-road moment. I’ve got a plan for both directions.
152 is my trigger. Stay below it and fade the rally. Break above it impulsively, and I’ll flip my bias with it.
The Elliottician’s paradox isn’t a trap — it’s an invitation to stay sharp.
Your Turn
How are you reading this structure? Do you favor the zigzag or the 1-2 setup? Drop a comment and let me know.
Trade safe, trade clarity!
Gold (XAUUSD) Signals Bullish Trend ResumptionGold (XAUUSD) has exhibited a robust rally since its low on May 15, 2025. The metal formed a five-swing motive sequence that culminated in wave 1 at 3452.50 on June 16, 2025. This five-swing structure, characteristic of an impulsive Elliott Wave pattern, signals potential for further upside. The subsequent pullback in wave 2 appears to have completed at 3246.15, as illustrated in the accompanying 1-hour chart. The internal structure of wave 2 unfolded as a double-three Elliott Wave corrective pattern. Specifically, from the wave 1 peak, wave ((w)) declined to 3340.18. A corrective rally in wave ((x)) followed to 3398.35. The final leg, wave ((y)), concluded at 3246.15, marking the completion of wave 2 in the higher-degree structure.
Gold has since resumed its upward trajectory in wave 3. However, to confirm the bullish outlook and eliminate the possibility of a double correction, the price must decisively break above the wave 1 high at 3452.50. From the wave 2 low, wave (i) advanced to 3296.85. A shallow pullback in wave (ii) followed to 3274.41. Wave (iii) then propelled the metal to 3358.02. Based on the current structure, gold is expected to rally further in wave (v) to complete wave ((i)). Subsequently, a corrective pullback in wave ((ii)), likely unfolding in a 3, 7, or 11-swing structure, is anticipated from the June 30 low before the metal resumes its upward trend. In the near term, as long as the pivot low at 3246.15 remains intact, gold is poised to extend higher, supported by the impulsive momentum of the ongoing wave 3.
Elliott Wave Analysis – XAUUSD | February 7, 2025🌀 Elliott Wave Structure (H1 Timeframe)
Looking at the current price structure, we can see that the price is moving sharply and steeply—this suggests the formation of a 5-wave impulsive structure.
Specifically:
- Waves 1, 2, and 3 (green) appear to have completed.
- Currently, wave 4 is forming as a 3-wave corrective structure (abc in black).
- Once wave 4 completes, we anticipate the next upward move as wave 5, which will complete the full 5-wave cycle (green).
🎯 Potential Price Targets for Wave 4
Based on the structure of the abc correction and support zones, we identify two key target areas:
+ Target 1: 3324
+ Target 2: 3311
When the price breaks above the top of wave b (black), it will serve as a strong confirmation that wave 4 has ended and wave 5 is beginning.
📈 Momentum Analysis
Daily (D1): Momentum is still rising and likely needs 2–3 more days to enter the overbought zone, supporting the continuation of the uptrend.
H4: Momentum is about to turn upward, signaling wave 4 may be nearing completion.
H1: Momentum is also preparing to turn up, suggesting the price is approaching the end of the wave 4 correction zone.
💼 Trading Plan
BUY ZONE: 3325 – 3322
STOP LOSS: 3215
TAKE PROFIT 1: 3345
TAKE PROFIT 2: 3368
TAKE PROFIT 3: 3395
📌 Wait for H1–H4 momentum alignment before triggering a BUY entry for wave 5.
XAU/USD 4H – Retracement or Rejection? Key Levels to WatchGold bulls made a strong push out of the descending channel, but now the real test begins. The market is currently in retracement mode after a sharp impulse, and the next move will be decisive.
🔹 Channel Breakout & Retest in Play:
Price broke out of the descending channel with momentum and hit the $3,357 region before pulling back. We're now hovering around the 0.236 Fib at $3,331 — with the 0.382 and 0.618 Fib zones below offering potential long entry confluence.
🔹 Fibonacci Cluster Support Zone:
Between $3,314 – $3,287 lies a high-probability demand zone, where multiple Fibonacci levels converge with the broken channel top. This area also aligns with the 50 EMA, creating a pocket for bullish continuation — if held.
🔹 RSI Divergence to Watch:
RSI shows signs of slowing bullish momentum after peaking, which suggests this retracement could deepen toward the 0.5–0.618 levels before any meaningful bounce. A bullish RSI reversal in this zone would confirm re-entry.
📌 Scenario 1 – Bullish Continuation:
Price finds support between $3,314–$3,287
Momentum kicks in for a leg up toward $3,388
Final TP at $3,427 (Fib -0.618 extension)
📌 Scenario 2 – Rejection and Deeper Drop:
Failure to hold the 0.5 zone flips the bias bearish
Watch for re-entry back into the previous channel
Next downside target: $3,251 and potentially $3,233–$3,221 (Fib + extension)
💡 Elite Insight:
The pullback is not the risk — entering without a plan is. This is the zone where patience meets precision. Let the levels do the work.
MR.DIY Chart Check: Bullish Wave Structure with Cloud SupportMR.DIY is riding a bullish wave, supported by both Elliott Wave structure and Ichimoku signals. Price action suggests a developing Wave iii, with strong momentum above the cloud—confirming trend strength. The Tenkan-sen and Kijun-sen crossover adds bullish conviction, while the Chikou Span remains above price, reinforcing upward bias. As long as price holds above the cloud base, the bullish count remains valid. Invalidation sits below MYR 1.51. Eyes on a potential breakout if Wave iii extends.