107.6-107.8 and 109-110KMorning folks,
So, position taking stage is done, now let's take a look at targets. In general we have a sequence of a few targets, starting from 107.6-107.8, 109-110, 113 and 116K. But in current situation I would watch for only first two.
Daily overbought is around 114, so 116K target seems too far. 113K is possible, but with rather extended downside action last week, it seems as very optimistic. That's why, more or less base case seems around 109-110K, while the easiest target is 107.6-107.8K.
So, once the first target will be reached - think about partial profit booking, if you want to continue trading. Say, take off 30-40% and move stops to the breakeven on the rest.
Chart Patterns
BTCUSD Expected Growth! BUY!
My dear friends,
Please, find my technical outlook for BTCUSD below:
The price is coiling around a solid key level - 10537
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 10693
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous 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.
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WISH YOU ALL LUCK
EURNZD Massive Short! SELL!
My dear subscribers,
EURNZD looks like it will make a good move, and here are the details:
The market is trading on 1.9194 pivot level.
Bias - Bearish
My Stop Loss - 1.9246
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.9095
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
XAUUSD on bullish reversal H4 Timeframe Analysis
Gold is currently showing a bullish trend holding the Proper rising wedge pattern on H4,although I'm holding my trade from 3382 which is floating 150+ profits towards our Target
Bullish scanario:
I’ve identified my re-entry zones and plan to buy on every dip, focusing on scalping with buy positions only.
3380-3390 is the optimal buying area.
My target towards the $3430-3435 milestone on intraday.
However, if gold closes the H4 below the $3380 level, i will reassess my outlook towards 3355-3360.
Keep in mind market is on bullish reversal.
#XAUUSD
Iran seeks peace, Israel strikes – Gold dip, buy opportunity🌍 Iran's peace overtures sent gold prices plummeting to 3382, but Israel is unlikely to accept the olive branch lightly. With no clear signs of de-escalation in the Middle East situation, it's advisable to continue going long at lower levels 📉→📈
Israeli PM Benjamin Netanyahu vows military strikes will continue until Iran's nuclear program and ballistic missile capabilities are fully dismantled—showing no signs of halting ⚡. While he claims regime change is not the objective, he notes that given the weakness of Iran's leadership, political upheaval could emerge as a collateral outcome of the operations 🌪️
🌍 Currently, only Iran is seeking peace, but Israel won't simply end the war🌍 Currently, only Iran is seeking peace, but Israel won't simply end the war
⚡️⚡️⚡️ XAUUSD ⚡️⚡️⚡️
🚀 Buy@ 3385 - 3390
🚀 TP 3410 - 3420
Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟 👇
$MANA Trading SignalKey Zones: Clear supply zone above and demand zone below the current price.
Fair Value Gaps (FVGs):
3 FVGs on the 4H timeframe below the current price.
2 FVGs on the 1H timeframe above the current price.
Trend & Indicators:
Market structure remains bullish.
OBV is forming a rising wedge, indicating potential momentum exhaustion.
Anchored volume profile shows high volume concentration below the current price, suggesting strong support.
Trade Plan:
Scalp Setup: Based on the smaller Fibonacci retracement tool, with a target at the previous swing high. Risk-to-reward (R:R) is approximately 1:1.
Swing Setup: Entry between the two 4H FVGs around 0.2874, targeting the psychological levels above. Stop loss set below the most recent swing low.
Watch for price action near the upper resistance and trendline.XAUUSD (Gold vs USD) 1H chart analysis:
📊 XAUUSD 1H Technical Analysis Overview:
The chart shows a clear ascending channel pattern, indicating a short-term bullish trend. Price action is currently respecting the channel boundaries well.
🔹 Key Highlights:
Support Zone: The green horizontal zone around 3,310 – 3,330 represents a strong demand area where price previously reversed.
Resistance Zone: The upper green box near 3,460 – 3,470 marks a significant supply area where potential selling pressure could emerge.
Current Position: Price is trading near the mid-to-upper range of the ascending channel, showing bullish momentum.
🔀 Projection:
Two potential scenarios are outlined:
Bullish Continuation: Price may continue to respect the channel and push towards the resistance zone before reacting.
Bearish Reversal: If price fails to break higher and shows weakness, a breakdown below the channel could lead to a sharp move toward the lower demand zone (3,310 area).
📌 Outlook: Watch for price action near the upper resistance and trendline. A break above may lead to further gains, while rejection or bearish candlestick patterns could confirm a potential reversal setup.
gold on sell reverse#XAUUSD multiple 2 times breakout below 3408 will drop the price till 3400-3376.
Price holds bearish reversal below 3408, target 3400-3376. SL 3419.
Bullish range and reverse is at 3403.6 price can reverse from here but if drop happens first below 3399 its invalid.
H1 closure above 3425 holds longer bullish.
GBPAUD Trend UpdateThe trend at 4Hr timeframe is starting to shape as an inverted holder (Inverted cup formation completed).
In addition, on the daily time frame, it shows inverted head and shoulder pattern that I described in my previous post.
Need to keep an eye on the trend pattern , if it breaks below 2.0700 phycological level, the trend will shift to bearish targeting 2.0500 level.
Stay tuned and Good Luck!
$BANANOUSDT New ATH possible, nay, plausible??
An extreme local inverse head and shoulders formation can be observed in the area circled in white.
trading just under local VWAP, great entry for anyone lacking potassium.
HL double bottom observable on the daily chart.
if recent trends continue to develop, a strong surge past $0.00162477 could lead to a increase in momentum.
$0.00210914 would be the next resistance, although weaker than the one currently testing. if price continues to develop past $0.00236478, ill be looking for TP1 at $0.00274825, another rough patch through til $0.00339408 follows, about 50% thru that zone would be a good TP2 and 100% thru the zone would be my TP3. the last major resistance would be at $0.00385154 (TP4). after that, a new ATH for COINEX:BANANOUSDT becomes an increasing plausibility. i am long potassium at $0.00143801
ANYONE HAVE MUSCLE CRAMPS?
GOLD Is Very Bullish! Buy!
Please, check our technical outlook for GOLD.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 3,327.72.
Considering the today's price action, probabilities will be high to see a movement to 3,385.41.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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 subscribe and comment my ideas if you enjoy them!
USDCAD 15 MINUTEYour chart on USD/CAD (15-minute timeframe) clearly shows a bearish breakdown from the ascending trendline, and here’s a quick analysis based on what you’ve marked:
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📉 Technical Breakdown
🔻 Trendline Broken: Price has broken below the ascending trendline, indicating loss of bullish momentum.
🧱 Register Support (turned resistance): Price rejected after testing this area – confirms a bearish flip.
🧭 Support Zone (gray box): Price is currently testing this level. If it breaks below, continuation to TP is likely.
🎯 Target TP: Marked around 1.3625–1.3630, showing good confluence with prior swing lows.
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✅ Bearish Bias Confirmation
This looks like a textbook setup:
Break of trendline ✅
Retest of broken support (now resistance) ✅
USDJPY H1 I Bullish Bounce Off the 50%Based on the H1 chart analysis, the price is falling toward our buy entry level at 143.74, a pullback support that aligns with the 50% Fibonacci retracement.
Our take profit is set at 144.79, an overlap resistance.
The stop loss is placed at 143.29, a pullback support.
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Losses can exceed deposits.
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Middle East tensions rise, gold eyes 3500 this week
🌍 Over the weekend, tensions in the Middle East escalated sharply, with geopolitical conflicts further intensifying. Multiple forces were drawn into the fray, the scope of conflict expanded continuously, and related military actions triggered widespread international concern, significantly increasing regional uncertainty. This geopolitical instability has had a profound impact on global financial markets, causing a notable decline in investors' risk appetite. Against this backdrop, gold, as a traditional safe-haven asset, has once again become the top choice for investors. The market expects that as the Middle East situation continues to ferment in the coming week, risk-averse sentiment will remain high, and gold is expected to continue benefiting from this trend, with a high likelihood of breaking through the key $3,500 mark 📈.
Additionally, this week's Federal Reserve interest rate decision and Chairman Powell's speech will also be key factors influencing the trend of gold prices. Recent U.S. economic data has been mixed, and fluctuations in inflation figures as well as subtle changes in the job market have left the market full of uncertainty about the Fed's monetary policy direction. If the Fed signals a dovish stance in its interest rate decision, hinting at the possibility of future rate cuts, gold prices will undoubtedly gain further upward momentum. A lower interest rate environment reduces the opportunity cost of holding gold while weakening the appeal of the U.S. dollar, thus prompting more funds to flow into the gold market. Conversely, if the Fed adopts a hawkish stance, emphasizing the maintenance of current interest rates or even hinting at possible future rate hikes, this will exert certain pressure on gold prices ⚖️.
Equally noteworthy is that U.S. President Trump will visit Canada from June 15th to 17th to attend the G7 Leaders' Summit. Trump's words and deeds in international affairs often carry significant influence and uncertainty. At this summit, his speeches and interactions with other world leaders may trigger a reassessment of the global economic and trade situation by the market, thereby causing fluctuations in gold prices 📊. For example, if Trump makes tough statements on trade policies, geopolitics, etc., it may exacerbate market concerns and push gold prices higher; if he conveys more positive signals of cooperation, market risk appetite may recover, and gold prices may face certain correction pressure. Therefore, investors need to closely monitor every move of Trump at the summit to timely grasp investment opportunities and risks in the gold market 👀
⚡️⚡️⚡️ XAUUSD ⚡️⚡️⚡️
🚀 Buy@ 3410 - 3415
🚀 TP 3480 - 3490
Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟 👇