Not time to dismount yet!!!Dont get shaken off the horse...yet. There is more to come imo...this is to shake the weak hands...
Chart Patterns
They're lying! WIF will explode to 28.8$ ✅ Golden Pocket Extension: $28.80 aligns with the 1.618–1.65 fib extension (golden pocket zone) from the last major impulse.
✅ Measured Move: Breakout from the prior downward consolidation projects to ~$28.80 when using the height of the range added to the breakout point.
✅ Confluence = High Probability: Both fib extension and measured move target the same zone, increasing confidence.
✅ Momentum + Meme Rotation: If broader meme coin rotation continues, WIF has narrative + volatility fuel.
GBPUSD in Trend ReversalGBPUSD is in bullish divergence and we observed an inverse FVG forming suggesting a reversal in trend
Entry Price 1.3237
Stop Loss 1.3200
Risk 1%
Lot 0.68
TP1 1.3274
TP3 1.3348
XAU intra?
Hi ,
Broke low at 3305/04 yesterday.
Made low below 3300
Now retesting this area. Good place to place a ticket.
All the best
Not a guru
TONUSDT Analysis : Bullish Setup Breakout – Advanced MMC Analyze“Blue Ray Pattern Breakout Confirms Bullish Trend Continuation”
The 30-minute chart of TONUSDT highlights a clean and structured bullish setup based on the MMC (Mirror Market Concepts) methodology. The price action exhibits disciplined market behavior, respecting structural levels, breakout dynamics, and volume-based reactions.
🔷 1. Blue Ray Pattern – Trend Continuation Phase
This chart begins with the formation of the Blue Ray, a visual representation of trend consolidation and energy buildup. This pattern functions as a trend continuation flag or wedge. Prices compressed within a narrowing range, forming higher lows and lower highs, signaling accumulation under buyer control.
Once the pattern matured, we witnessed a decisive bullish breakout, where the price closed above resistance with conviction. This event marked a clear market intention shift and established a new impulsive leg.
🔍 2. Breakout Confirmation and Follow-Through
Post-breakout, TONUSDT experienced:
High-volume candles with elongated bodies, indicating increased buyer participation.
Immediate upside momentum that pushed the asset into a short-term overextended condition – often a healthy sign of strength when followed by a controlled pullback.
The breakout wasn’t just a false move – it was sustained, and the price held above the broken structure, proving that supply was absorbed and buyers were dominant.
🔑 3. Demand Zones (Minor and Major)
Two key MMC demand zones are highlighted:
🔹 Minor Demand Zone (~3.43–3.45):
This is the most immediate support and current price is hovering just above it. It's the first zone of interest for buyers and may serve as a re-entry or scaling point.
🔸 Major Demand Zone (~3.34–3.36):
In case of deeper retracement or volatility, this zone is expected to act as a strong bounce region based on past structure and MMC’s reversal logic. Price memory here suggests accumulation or reactive interest.
📐 4. Structure, Momentum, and Higher Timeframe Confluence
TONUSDT is in a confirmed uptrend, forming a clear sequence of higher highs and higher lows.
The structure supports a bullish flag breakout with minimal overhead resistance.
The projected path drawn on the chart illustrates a stair-stepping price pattern with continuation toward 3.60–3.70, if current levels hold.
📊 5. MMC Strategy Bias – Bullish
Using the MMC lens:
Blue Ray breakout confirms continuation
Volume absorption succeeded at the base of the flag
No signs of dominant supply entering post-breakout
Wave projection supports ongoing momentum
Structure favors buying dips, not shorting spikes
💡 Trader’s Takeaway:
TONUSDT is providing a textbook bullish opportunity under the MMC framework. As long as price stays above the Minor Demand Zone, continuation upward toward 3.60 and beyond remains in play. If price dips to the Major Zone, watch for strong buyer reactions for fresh entries.
Ideal for MMC traders and technical analysts looking to align with structured, logic-based entries and exits. This setup reflects market strength, technical clarity, and volume confirmation – a powerful trio for continuation plays.
USDJPY long at current market priceDaily candle USDJPY closed at strong bullish.
we observed healthy retracement during Asian session.
I'm expecting the price will bounce from here.
Calculate your own risk & reward.
Good Luck
CHZUSDT Reversal Potential Breakout & Fibonacci Retest in FocusChart Analysis:
The CHZ/USDT pair on the 1D timeframe has successfully broken out of a long-term descending trendline, which had been acting as resistance since December 2024. The breakout occurred with a strong bullish candle, suggesting a potential trend reversal.
Currently, the price is performing a retest of the breakout zone, which aligns perfectly with the Fibonacci retracement levels:
0.5 at $0.03902
0.618 at $0.03703
This confluence zone is critical as it may serve as a base for a continued bullish move.
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Pattern Identified:
Descending Triangle Breakout → Signaling the end of a distribution phase and the potential start of accumulation.
Bullish Retest Zone → Price is testing the previous resistance turned support + Fibonacci confluence.
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Bullish Scenario:
✅ If price holds above the $0.037–$0.039 support area and forms a bullish rejection candle, potential upside targets include:
$0.04699 (minor resistance)
$0.05395
$0.06310
$0.07483
Up to psychological resistance at $0.09686
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Bearish Scenario:
❌ If price breaks below the $0.03703 level, further downside could be seen toward:
$0.03306 (local support)
And possibly the recent low at $0.03060
However, as long as the price stays above the 0.618 Fibonacci, the bias remains bullish.
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Conclusion:
CHZ/USDT is at a critical decision point. A successful retest of the breakout zone combined with Fibonacci support could provide a strong accumulation opportunity for buyers. Watch closely for bullish confirmation candles in the yellow zone before entering.
#CHZ #CHZUSDT #CryptoBreakout #FibonacciLevels #TechnicalAnalysis #AltcoinWatch #TrendReversal #CryptoTrading #TradingViewAnalysis
ALGOUSDT Break Downtrend – Reversal in Progress or Just a Retest📊 Technical Analysis Overview:
The Algorand (ALGO) / Tether (USDT) pair has shown a notable technical development by successfully breaking above a medium-term descending trendline that has acted as resistance since early 2025.
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🔍 Pattern & Structure:
A clean breakout above the descending trendline (yellow sloped line) indicates a potential shift in trend from bearish to bullish.
Price is currently undergoing a retest of the breakout zone, aligning with the Fibonacci retracement levels 0.5 ($0.2451) and 0.618 ($0.2273).
The yellow horizontal zone ($0.25–$0.29) has been a significant support/resistance flip zone, showing strong historical reaction throughout 2024 and early 2025.
A higher high and higher low structure is starting to form — an early signal of a potential bullish reversal.
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📈 Bullish Scenario:
If the price holds the support zone between $0.2451 and $0.2273, we could see a continuation of the upward move toward the following resistance levels:
$0.2909 (current minor resistance)
$0.3187
$0.3500
$0.3871
Mid-term targets: $0.4936 and $0.6106
A daily or 2D candle close above $0.3187 with strong volume would confirm a bullish continuation.
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📉 Bearish Scenario:
On the other hand, failure to hold above the $0.2451–$0.2273 support zone could lead to a renewed bearish move with potential targets at:
$0.1900 (weekly historical support)
$0.1500
Extreme support: $0.0938 (2024 cycle low)
A break below $0.2273 would invalidate the breakout and may signal a bull trap.
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📌 Summary:
ALGO is at a key inflection point. The current pullback could be a healthy correction after a breakout or a failed retest. Watch for price action and volume reaction near $0.2451–$0.2273 to confirm the next move.
#ALGO #Algorand #ALGOUSDT #CryptoAnalysis #TechnicalAnalysis #Breakout #BullishReversal #Fibonacci #SupportResistance #Altcoins #CryptoSetup #PriceAction
XAUUSD Outlook – From Bias to Execution Previous day closed bearish, leading to a sell bias, On the 1H, I then identified a familiar chart pattern, a rising wedge, On the 45M, I then looked for a possible entry and exit zone.
PUMP / USDT : Looking Bullish PUMP/USDT Analysis:
PUMP/USDT shows strong bullish potential after breaking out of consolidation. A retest to the box area is likely before a breakout from the trendline resistance. Once the trendline is broken, expect a major rally with a 40-50% potential upside.
Key Levels:
Support: Consolidation Box
Resistance: Trendline
Wait for confirmation of the trendline breakout before entering. Always manage risk with a stop-loss and stay patient for a clear move. The setup looks promising for a solid bullish rally!
GoldTVC:GOLD price overall is bearish and looks like during NFP tomorrow it does looks like it's bout to be drop all the way down. But what are your ideas guys let me know on the comment session
Gold Faces Strong Rejection Below $3,365 – Bearish Wave Ahead?Gold is currently trading around $3,359, showing signs of exhaustion after climbing from the $3,248 low. The chart illustrates a textbook scenario of channel rejection after testing the upper boundary of the descending wedge and failing to break above the $3,365–$3,392 resistance zone. Price is now hovering just below the diagonal black trendline, indicating a potential lower high formation and setting up for another bearish wave.
📌 Key Technical Highlights
Resistance Zone: $3,365–$3,392
This area marks the confluence of the black long-term trendline, the top of the descending purple channel, and the previous high at $3,392.
Price attempted a "Possible Retest" as annotated on the chart and is now starting to pull back—showing signs of bearish rejection.
Bearish Scenario (Blue Arrows):
Multiple downward arrows show likely bearish paths if the current resistance holds.
Key short-term targets:
$3,337, $3,320, $3,303, Strong support at $3,293–$3,248
Further downside may test extension levels toward $3,220–$3,200 by early August if momentum builds.
⚠️ Bearish Confirmation Criteria
Failure to close above $3,365 (black trendline)
Breakdown below $3,337 followed by $3,320
Strong selling pressure supported by fundamentals (e.g. USD strength, Fed hawkish stance)
✅ Invalidation / Bullish Outlook
A decisive breakout and close above $3,392.73 would invalidate the bearish structure.
In that case, targets would shift toward:
$3,412, $3,434, $3,490 (long-term trendline intersection)
However, today's U.S. CPI (Consumer Price Index) release adds a layer of volatility and potential trend disruption, making this a high-risk trading day.
📊 CPI News Impact – What to Watch
High CPI (Stronger than forecast):
- Increases expectations of further Fed tightening → strengthens USD → bearish for gold
- Likely scenario: sharp drop toward $3,337 → $3,320 → $3,293
Low CPI (Weaker than forecast):
- Signals disinflation → weakens USD → bullish for gold
- Possible breakout above $3,365 → retest of $3,392 → if broken, target $3,412 and $3,434
Neutral or as expected CPI:
- Likely leads to whipsaw — fakeout on both sides
- Caution advised — wait for candle close confirmations post-news
Note
Please risk management in trading is a Key so use your money accordingly. If you like the idea then please like and boost. Thank you and Good Luck!
SILVER Bullish SetupSilver has been in a clear Bullish Trend Recently, and we are looking Silver to continue bullish.
#Banknifty directions and levels for July 31st:
What can we expect today?
In the previous session, both Nifty and Bank Nifty went through consolidation.
Structurally, we are still in a bearish tone, and with Gift Nifty indicating a gap-down start,
if the market breaks the immediate support levels with a solid candle, we can expect further correction.
On the other hand, if it finds support there, then the range-bound movement is likely to continue.
Which means, if the initial market takes a pullback, we can expect consolidation within the previous day’s range.
Trade deal thread could pump USDCAD?USDCAD as with the bounce off the monthly support level, current is a strong uptrend.4H perspective, price is trading above 10ema since the cross over of 20ema and 10ema price is pushing back to the upside. With trade deal thread, including upcoming GDP on CAD could pump this price back to the resistance ?
As 10ema has not been tested since cross over, we may see the price to back to the upside with respecting the 10ema.
Buying on EMA is a high probability trade setup.
$ETH 1H Descending Channel Breakout🟩 Breakout Level: $3,770
🟩 Fib-Based Targets:
→ $3,878 (0.236)
→ $3,940 (0)
→ $4,040 (0.382)
🟥 Invalidation:
Break back inside the channel + loss of $3,678
Momentum Summary:
Perfect touchpoints across the descending channel. Final wick tagged demand with massive volume, followed by impulsive breakout and retest. Short-term structure favoring bullish continuation.
Symmetry Bearish Setup Targeting PCZ Liquidity Zone 1HELLO awesome traders, I hope y'all have had a great weekend!! What a beginning of trading week, ha? lets crack on by droping some chart here for yall.
After completing a clean ABC symmetry leg, EURJPY is now showing signs of exhaustion just below 173.250, with price stalling at the high-volume node. The projected Potential Completion Zone (PCZ) aligns at 169.997 (78.6%) and 169.113 (100%), backed by volume profile voids and confluence from prior structure.
This symmetrical move offers a classic liquidity sweep play, with target zones sitting below price in thin auction areas.
📌 Pattern Structure:
A: 165.204
B: 161.071
C: 173.246
D Target = 1:1 Symmetry → PCZ = 169.997–169.113
🔻 Bearish Trigger:
Break below 23.6% retracement (172.271) = early momentum shift
Liquidity likely rests between 170.00–169.00
🎯 Targets:
T1: 169.997
T2: 169.113 (let's do T1, Them will see)
🧠 Context:
JPY strength resurfaces amid macro uncertainty. Volume profile suggests fast price drop once liquidity is triggered below 171.00. Watching for confirmation candle or rejection below 172.20 zone.
“Symmetry leads the setup, but liquidity confirms the move.”
HIMS & HER - Uptrend to continueHIMS & HER NYSE:HIMS is looking at a strong bullish continuation after the stock broke above both the symmetrical triangle and the bearish gap. Resistance at 67.57 has been tested multiple times and is likely to be weakened. Hence, they are likely to break higher.
Furthermore, the stock has shown strong momentum returning after long-term MACD histogram has turned positive and stochastic oscillator crossed above the 50-line and rose, indicating momentum in the mid-term is back in action.
Directional movement index continues to show strong bullish strength.
Strategy:
Buy spot @ 65.53 or buy stop above 67.57. Bull limit @ 49.32 in the event of a correction.
Target 1: 96.93 (1 month est)
Target 2: 110.88 (3-6 month est)
Thoughts on EU/USHave some ideas bout this chart. Dont want talk too much& If ur interested in. Just read previous takes in my acc. Feel to cozy, might delete later >/>
Crude Oil: Buying Pressure StrengthensFenzoFx—Crude Oil maintained its bullish trend with an ideal dip for entry on July 25. Stochastic and RSI 14 indicate overbought conditions, suggesting intensified buying pressure. A breakout seen yesterday reinforces the bullish bias.
Our projection remains optimistic, targeting a move toward the Fair Value Gap zone, extending to $73.8. However, if Oil closes below the $69.3 support, the bullish outlook will be invalidated.
GOLD Will Go Higher From Support! Buy!
Here is our detailed technical review for GOLD.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 3,311.57.
Taking into consideration the structure & trend analysis, I believe that the market will reach 3,369.04 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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!
EURUSD after the FedEURUSD continues to trade within the reversal zone highlighted in our previous analyses.
Following yesterday’s Fed decision, we’re seeing additional downside movement, though price hasn’t yet reached the support level at 1,1346.
Our outlook remains unchanged – we’re watching for the end of the pullback and will look for buying opportunities afterwards.
The H1 candle formed during the news release can serve as a reference. A break and close above it would signal a potential reversal to the upside.
Conversely, if price breaks and closes below that candle, it would suggest the correction is likely to continue toward lower levels.
GOLD Will Move Lower! Sell!
Here is our detailed technical review for GOLD.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 3,337.68.
Taking into consideration the structure & trend analysis, I believe that the market will reach 3,280.02 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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!
