Chart Patterns
Bitcoin Retests Broken Channel | Bounce to $110k?Bitcoin is currently retesting the broken downward channel. This selloff was a market shock reaction due to Israel's airstrikes on Iran. Price found support around $103k, at the daily timeframe 50SMA. The daily 50SMA also served as support in the previous drop to $100k last week.
In the chart's red circle is likely where many long leveraged positions had their stop losses or liquidation levels. We can safely assume this event was a liquidity hunt as Bitcoin remains strong above $100k. A healthy pullback to retest.
Historically, we have seen similar market shock selloffs like this. One example is the 1st of October 2024 Iran strikes on Israel. Bitcoin crashed 5% from $63k to $60k. What followed after was a recovery to over $100k, never seeing $60k again.
Will Bitcoin recover?
We still have multiple bullish developments. Institutions are becoming increasingly interested in Bitcoin, the US Bitcoin reserve, SEC x Ripple case settlement, SOL ETF approval, Fed rate cuts, among others.
Provided that the conflict does not escalate, once the market panic reaction is over, we can expect a healthy bullish continuation, as long as Bitcoin remains above $100k.
We also have a massive pool of short liquidity above $111k. Once we break above this level it will be a short-squeeze to $120k.
Silver's march towards $40 resumes...this rising support line needs to hold for higher up targets to be reached
Could be at $40 before August
GBP/USD BEARS ARE STRONG HERE|SHORT
Hello, Friends!
We are going short on the GBP/USD with the target of 1.344 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
GBPJPY SHORT FORECAST Q2 W25 D17 Y25GBPJPY SHORT FORECAST Q2 W25 D17 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Daily order block
✅15' order block
✅Intraday breaks of structure
✅Daily high rejection
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
Bitcoin still ranging just under ATH line but be RealisticQuick post to show you very simply that the Odds are against a push above that Blue ATH right now.
The chance of a Dip is higher than the chances of a push higher.
That does not mean to say it will not happen, just be ready in case it does not happen
Charts do not lie.
Gold Spot / U.S. Dollar (XAU/USD) 4-Hour Chart4-hour candlestick chart displays the price movement of Gold Spot (XAU) against the U.S. Dollar (USD) from late June to mid-July 2025. The current price is $3,385.30, with a slight increase of $0.66 (+0.02%). The chart highlights a recent upward trend, with a resistance level around $3,420.58 and a support level near $3,370.10, as indicated by the shaded zones.
Retrace and continue bearishwe witnessed change of character in huiigh timeframe and now we are in a down trend correcting all imperfections.
CHECK XAUUSD SIGNAL READ CAPTION(xauusd) buy zone
(trade satup)
entry point (3385) to (3392) 📊
first target (3406)📊
2nd target (3421) 📊
last target (3435) 📊
stop loss (3377)❌
XAUUSD is about to bullishfrom the chart, you will find out from the decending chart pattern that xauusd is about to be bullish.
reasons;
1, descending pattern
2. trendline touch
AUDUSD TECHNICALS AND FUNDAMENTALS DETAILED ANALYSISAUDUSD has officially broken out of a multi-week ascending triangle structure, and momentum is now building for a bullish continuation. The price is currently trading around 0.6533 after a strong breakout above the 0.6520 resistance zone. This consolidation was forming higher lows, signaling accumulation and bullish intent. The clean breakout above the horizontal resistance confirms buyers are in control. With this pattern validated, my short-term target is 0.6700–0.6750, aligning with the measured move projection.
From a macro perspective, AUD is gaining strength due to a divergence in monetary policy outlooks. The Reserve Bank of Australia remains hawkish, supported by sticky inflation data and a tight labor market, while the Federal Reserve has recently hinted at a dovish turn, acknowledging signs of economic slowdown. Additionally, a weaker U.S. dollar index (DXY) and rising commodity prices—especially iron ore and copper—are tailwinds for the Australian dollar. These fundamental shifts are reinforcing the bullish technical breakout.
On the 8H chart, the ascending triangle is a clear signal of bullish pressure. The zone around 0.6450–0.6520 acted as strong demand during the consolidation phase. A successful breakout retest of this zone could offer secondary entry opportunities. The risk-reward ratio is attractive, with a defined invalidation below the trendline and a target extending toward yearly highs near 0.6750.
This setup stands out as high-probability. With bullish price action, supportive fundamentals, and risk-on sentiment returning across FX majors, AUDUSD is primed for further upside. I’m holding long with conviction, expecting continuation toward the projected breakout target. This trade aligns with current market structure, trend strength, and macro drivers—perfect timing in a trending market environment.
CADJPY-SELL strategy 6 hourly chart GANNThe pair is overbought, and we are trading around a resistance line 106.73. The indicators are not as yet negative, but considering the pattern, and also how much is has moved higher, the chances are seeing a decline in the coming sessions.
Strategy SELL @ 106.50-106.90 and take profit near 105.17 for now.
EUR/USD Triangle Pattern – 1H Timeframe
📊 EUR/USD Triangle Pattern – 1H Timeframe
🕐 Date: 17 June 2025
📌 Chart by: GreenfireForex
🔷 Pattern: Contracting Triangle (ABCDE)
🔍 Context: Forming inside Wave (4) – possible breakout before Wave (5)
📈 Upside Potential: Break above triangle → target near 1.16500+
📉 Downside Risk: If fails to break up → revisit demand zone around 1.15000
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🔮 Possible Scenarios:
✅ Bullish Breakout:
Breaks above wave (e)
Clean rally toward target zone
Ideal for a long setup with tight SL
❌ Bearish Fakeout:
Rejection from triangle resistance
Falls back into demand zone
Look for reversal or retest opportunities
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🎯 Strategy Tips:
Wait for a breakout candle
Use SL outside triangle zone
Entry based on confirmation – avoid early trades
💬 Let’s discuss live market reaction as price nears triangle edge. Stay ready .
USDCAD LONG FORECAST Q2 W25 D17 Y25USDCAD LONG FORECAST Q2 W25 D17 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
💡Here are some trade confluences📝
✅1H order block
✅HTF 50 EMA
✅Intraday bullish breaks of structure to be identified
✅15’ order block identified
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
GOLD BULLISH OUTLOOK📊 Gold Market Analysis – Bullish Outlook Developing
In yesterday’s market, we observed gold take out a key lower liquidity in the 3370s range. This liquidity sweep typically indicates the clearing of weak hands and positions the market for a potential reversal or continuation of a larger trend.
Following this move, gold has begun to establish a bullish trend stance, as the market structure shows signs of strength and renewed buying interest. The rejection of the 3370s level suggests that buyers are stepping in aggressively, potentially setting a solid foundation for an upward move.
From a technical perspective, this positions gold for a potential climb toward the 3440s, which serves as a short- to mid-term target. If the bullish momentum continues to build — particularly if it’s supported by favorable macroeconomic data or weakening in the U.S. dollar — we could see price action surge above the 3440s, opening up further upside potential.
This developing bullish scenario has been highlighted and discussed in the analysis. Traders and investors should monitor key support and resistance levels closely, as well as any macro developments that could reinforce or challenge this upward trajectory.
An update on my NAS100 trade idea I shared over the weekend.I analyzed over the weekend and ended up breaking down a weak high, my mistake was not considering some of the information the chart was communicating at that time.
I ended up not getting any entry opportunity on the POI I was targeting. As I was waiting, I noticed I was looking for entry on the push of a weak high which was now acting as an inducement then reevaluated my analysis and noticed price was going to look for liquidity above that weak high.
6.17 Gold Trend after the Big Drop6.17 Gold Trend after the Big Drop
Yesterday, gold continued to fall after rising, and the bulls lacked effective momentum to fight back. During the US trading session, the geopolitical risk aversion sentiment temporarily eased and accelerated the break, making it more difficult to rise in the short term.
In addition to the current decline in oil prices and gold prices, the conflict between Iran and Israel may end with one side kneeling down and surrendering. If this happens, the current gold price will continue to fall.
The current technical side shows that the hourly moving average tends to flatten, and yesterday's low of 3383 has become a key support level. The opening rebound touched the 3403 line and then fell under pressure again, proving that this area is a range of fluctuations between long and short watersheds.
If it cannot stand above 3400 before the opening of the US market, the bears will rely on the moving average to launch a new round of offensives, with the lower targets of 3375 and 3360.
If there is no good news at present, it is recommended to rebound high short strategy.
Thank you for your attention, I hope my analysis can help you.
Fed Rate Decision May Trigger a Decline in Gold PricesDespite heightened tensions in the Middle East providing safe-haven support, gold failed to break through the 3450–3455 resistance zone today and instead pulled back to the 3400–3386 support area.
This decline was mainly driven by two factors:
Iran expressed willingness to resume nuclear talks, easing geopolitical tensions and weakening safe-haven demand.
Growing expectations that the Fed will keep rates unchanged this week strengthened the DXY, reducing gold's appeal.
That said, inflation concerns persist, offering medium-term support to gold. On the technical front, the 3378–3340 consolidation zone may serve as secondary support, while stronger trend support lies in the 3310–3289 range—a level that may only be tested under extreme bearish conditions.
For now, the primary support to watch is 3386–3373, with short-term rebound resistance around 3400–3420.
Trading Suggestion:
Ahead of the Fed’s rate decision tomorrow, consider buying on dips, as today’s decline may lead to a technical rebound. Then reassess the market’s response to key support and resistance levels to determine further action.
TPR: Navigating the Ascending ChannelTechnical Analysis:
Ascending Channel in Play : TPR has been consistently trading within a well-defined ascending channel since its March lows, indicating a strong intermediate-term uptrend with a clear pattern of higher lows and higher highs.
Critical Resistance Test at 85-88 : The stock is currently challenging immediate intermediate resistance at $85.00 (red band). A more significant overhead resistance zone between $86.00 and $88.00 (gray band), encompassing prior highs, needs to be decisively overcome for further upside.
Layered Support Structure : Immediate dynamic support is provided by the lower trendline of the ascending channel, which converges closely with a horizontal intermediate support level at $80.00. A stronger, long-term key support zone is identified between $75.00 and $77.00, bolstering the bullish structure.
Projected Breakout & Upside Target : The chart suggests a potential scenario where TPR pushes through the 86-88$ resistance. A confirmed breakout could propel the stock towards its upside target of 93−95$, aligning with the upper boundary of the ascending channel.
Confirmation & Risk Management: For a validated long position, a strong daily close above 88$ on increased volume would be ideal confirmation. A sustained break below the 88$ on increased volume would be ideal confirmation. A sustained break below the 75-77$ key support would invalidate the current bullish outlook and suggest a deeper correction.
Fundamental & News Context:
Tapestry (TPR) is a global house of luxury brands including Coach, Kate Spade, and Stuart Weitzman. The company benefits from resilient demand in the affordable luxury segment and the ongoing recovery in international markets, particularly China. The most significant fundamental catalyst is the proposed acquisition of Capri Holdings (parent of Versace, Michael Kors, Jimmy Choo). This move, if approved by regulators, is expected to create a diversified, global luxury powerhouse with enhanced scale and market positioning, though integration and regulatory risks remain. Strong brand performance and strategic growth initiatives underpin the long-term outlook.
Disclaimer:
The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.
UVIX nice little chunk today!I picked up almost 3% today, and called it out as it happened! Always have Williams % and SMA9 on the 15min charts. When it crosses down or comes down (in the case of W%), just take your profit!
There will be another bounce real soon!
$MSTU – Breakout Brewing or Bull Trap? Here’s My TakeSwing Setup | Risk/Reward 3:1 | Watching MACD & Ichimoku
📊 This is a leveraged ETF that tracks NASDAQ:MSTR , and it’s setting up for a potential breakout. Here’s the breakdown:
🔍 Chart Context:
Price: $8.11 (as of June 11, 2025)
Target: $11.40 area (+40.57%)
Stop: $7.07 (–12.82%)
R:R: 3.16 – attractive setup for swing or momentum traders.
📈 Technical Breakdown:
✅ MACD Histogram just flipped positive. That’s a momentum shift after weeks of red. We’re at the zero line—any crossover here historically leads to explosive moves in leveraged ETFs like this.
✅ Ichimoku Cloud: Price is above the cloud, which is thin and transitioning to bullish. Lagging span (Chikou) is starting to clear previous price action. This is a classic bullish continuation signal—only if price confirms.
✅ Structure: Consolidation zone forming a base at ~$8.00. We've had several failed breakdowns, and bulls have absorbed the selling. If it clears $8.50 with volume, I expect short-covering and fresh entries to flood in.
⚠️ Resistance Zones:
$9.15: Local high and volume shelf
$11.40: Target based on prior impulse leg (April rally leg cloned)
💡 Strategy:
I’m long with size, aiming for a 40%+ move, using MSTR’s volatility as tailwind.
Stop is below recent higher low — invalidation is clean.
If it breaks $8.50 with strength and MSTR joins the move, I’ll consider adding.
🔄 This is a leveraged play—don’t diamond hand it. Monitor daily. It can move 10-15% in a single session.
Drop your thoughts or alternative plays. Are you using MSTU or trading NASDAQ:MSTR directly?
