$NCNA – Classic Bull Flag Forming! Breakout & Clinical CatalystPotential upside of 600%
Chart Setup (1‑Hr):
📈 Massive gap‑up on strong volume—ideal bull flag “pole.”
⚠️ Downward‑sloping consolidation channel = textbook bull flag.
🔥 Volume tapering during consolidation—often precedes sharp breakouts.
🚀 Approaching breakout near channel resistance (~$0.14), with 50‑ema & trendline support converging.
🎯 Technical Targets:
Near term: $0.20 (gap fill/resistance)
Measured move: ~$0.50 if breakout sustains
🧬 Fundamental Trigger – Clinical Readouts Imminent:
NuCana is expecting two key data updates in late 2025:
NUC‑7738 expansion trial (melanoma, post-PD‑1 failure) – top-line results due Q4 2025
finance.yahoo.com
NUC‑3373 Phase 1b/2 combination data (solid tumors + pembrolizumab) expected later this year
ir.nucana.com
These catalysts are on the horizon, and positive results could ignite a sharp pre-event ramp—especially in a low‑float biotech like NCNA.
🧠 Why This Matters
Bull flag + Fundamental setup = ideal trade structure: technical breakout, followed by a fundamental trigger.
Remember that this is a low float stock meaning less number of shares are available, thus any small positive news can result in a buying frenzy and a massive squeeze to the upside. Classic example is KALA (Kala Pharmaceuticals which rallied 800% in 2023
✅ Trade Plan
Action Target / Level
Entry On breakout above $0.14–0.15 with volume
Target First: $0.25 → Surge to $0.60 if catalyst is strong
Stop‑Loss Below channel support (~$0.11)
Bottom line: NASDAQ:NCNA is forming a textbook bull flag and is set up for a breakout ABOVE 0.2. With clinical trial results due SECOND HALF 2025, this trade could see significant upside before the headline.
Community ideas
EURUSD: Awaiting Confirmation to Continue the UptrendThe EUR/USD pair closed yesterday at 1.1550, moving within the 1.1526–1.1558 range. The euro continues its bullish trend, driven by U.S. inflation data coming in lower than expected, which increases expectations of an upcoming rate cut by the Fed. In addition, geopolitical tensions in the Middle East—particularly between Israel and Iran—have slightly weakened the U.S. dollar, providing additional support to the euro.
From a technical perspective, the price is currently correcting toward the 1.1480 area, where the ascending trendline converges with the exponential moving average. This is a key support zone. If it holds and a clear bullish signal emerges, EURUSD could rebound and move toward the 1.1610 resistance level.
Main scenario: look for buying opportunities around 1.1480 if a bullish confirmation appears, targeting 1.1610.
Alternative scenario: if the 1.1480 level is broken, the short-term uptrend could be at risk.
Gold hovers at high levels as the market awaits FOMCOn Tuesday (June 17), spot gold once reached above $3,400 during the Asian session, then fell slightly during the European session, and maintained a high-level volatile trend during the session. Earlier on Monday, gold recorded its largest single-day drop in a month (1.4%). After the sudden outbreak in the Middle East and US President Trump's warning to Tehran, the market's risk aversion demand heated up again, pushing gold prices to rebound in the Asian session. The two-day interest rate meeting of the Federal Reserve has also become a top priority for the market.
Fundamentals
Tensions in the Middle East have heated up again. According to Reuters, Israel's air strikes on Iran's state-run TV station, Iran's threats to launch the most violent missile attack in history, and the fire of three oil tankers near the Strait of Hormuz have caused market concerns about the escalation of geopolitical conflicts. US President Trump left the G7 summit early and convened a national security meeting, which increased market risk aversion.
At the same time, ETF holdings increased significantly. Data showed that ETFs increased their holdings of gold by 136,000 ounces on the previous trading day, and the net purchase volume has reached 6 million ounces this year, reflecting that funds still have strong confidence in the future of gold. SPDR Gold ETF even recorded a single-day net inflow of $285 million last Friday, the largest in weeks.
In terms of the US macroeconomics, the market generally expects the Fed to keep interest rates unchanged this week, but the focus is on Powell's speech and changes in the dot plot. As expectations of further rate cuts in 2025 heat up, the US dollar is still under pressure close to a three-year low, and analysts believe that this will form a structural support for gold in the medium term.
Technical aspects:
The gold daily candlestick chart shows that the current trend is in a typical "rising wedge" pattern. Prices have been steadily rising along an upward trend line this year, while the upper side is suppressed by strong resistance in the 3450-3500 area. The current market is in a wait-and-see state.
There are obvious signs of Bollinger Bands closing, with the upper Bollinger track at $3440.63, the middle Bollinger track at $3317.51, and the lower track has moved up to around $3194.38, reflecting that the market is brewing a breakthrough. The current price is basically running between the upper and middle Bollinger tracks, indicating that it is still in a bullish structure, but once it falls below the middle Bollinger track or the lower edge of the wedge (about $3,330), it may trigger accelerated downside risks. The RSI indicator remains at 55.79, neutral to strong, and has not entered the overbought area.
Comprehensively judged, the analysis believes that the short-term trend is in consolidation, and be alert to the risk of technical reversal. If the support of $3,330 is lost, further downside space will be opened; on the upside, it needs to break through the pressure range of $3,450 before trying the previous high of $3,499.83.
Market sentiment observation
The current gold market sentiment is in a "highly sensitive" stage. On the one hand, risk aversion once pushed gold to rebound rapidly, reflecting that the market has a very high pricing sensitivity to geopolitical risks; on the other hand, traders are still uncertain about the outlook for the Fed's policy, and the expectation that interest rates will remain unchanged has been fully priced in, but there are large differences in the future path of interest rate cuts.
The weak rebound of the US dollar shows that the market does not fully agree with the logic of "hawkish stability maintenance". This contradictory sentiment has caused gold to fluctuate at a high level and has not yet formed a trend breakthrough. The continued increase in ETF holdings provides substantial buying support for gold, which constitutes the optimistic support of the "underlying logic".
In addition, the market is still waiting for the FOMC meeting to release new signals. This "uncertain outlook" constitutes a typical "cautious optimism" market psychology. Traders are more likely to adopt a wait-and-see strategy, further amplifying the importance of technical signals.
Outlook for the future
Bullish outlook: Analysts believe that if the geopolitical situation continues to heat up or the Federal Reserve releases dovish signals, gold is expected to break through the $3,450 resistance area and challenge the previous high of $3,499.83; by then, the momentum of ETF holdings and safe-haven inflows will jointly promote a new round of bullish market.
Short-term outlook: Analysts believe that if the FOMC meeting results are hawkish or Powell sends a signal that he will not cut interest rates, coupled with the easing of risk aversion in the market, gold may fall back to the key support area of $3,330. If it loses this position, it will form a trend reversal signal, with the target down to the lower Bollinger track of $3,194, or even lower.
Overall, the analysis believes that gold is still running in an upward trend structure, but volatility is compressed, and the short-term direction needs to wait for clear signals from the Fed meeting. Traders are closely watching the changes in the Fed's monetary policy and geopolitical situation, while being alert to the risks of "false breakthroughs" and sharp pullbacks. FX:XAUUSD ACTIVTRADES:GOLD PYTH:XAUUSD PYTH:XAUUSD CMCMARKETS:GOLD
CRTM LONG TRADE 17-06-2025CRTM ONG TRADE
Rationale - CRTM broke out of a trading range, bounded by a resistance line (red dotted line), and a wedge pattern forming an inverted head and shoulders. Although this pattern isn't always a successful reversal indicator, the powerful breakout momentum and volume dynamics in this case suggest a strong potential for a breakout and upside movement.
🚨 TECHNICAL BUY CALL – CRTM🚨
- Buy 1: Current level (Rs. 17.58)
- Buy 2: Rs. 16.96
- Buy 3: Rs. 16.40
Target Prices
- TP 1: Rs. 18.6
- TP 2: Rs. 19.98
- TP 3: Rs. 22.31
Stop Loss- Below Rs. 15.4 closing basis
Risk-Reward Ratio - 1:3.48
Caution: Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
US30 Consolidates Amid Geopolitical UncertaintyUS30 Overview – Market Caught Between Geopolitical Risk and Technical Boundaries
The ongoing Middle East crisis continues to weigh on market sentiment, keeping US30 (Dow Jones) in a consolidation phase.
Technical Outlook:
Price is currently trading between 42160 and 42410.
As long as it holds above 42160, a move toward 42410 remains likely.
🔺 A break and stability above 42410 would confirm bullish momentum toward 42810.
🔻 A break below 42160 opens the door for a decline toward 41780, with further downside potential.
Key Levels:
• Pivot: 42410
• Support: 42160 / 41780 / 41310
• Resistance: 42610 / 42810 / 43210
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.
gold on buy#XAUUSD price holds on 3398 for buy continuation.
Above 3398 will take bullish which will breakout 3406, entry 3398, SL 3384, TP 3406-3425.
If price breakout 3406 and H1 closes above there then bullish will continue till 3425, but reverse and closure below 3402 down will drop the price more.
AUDJPY SHORT FORECAST Q2 W25 D17 Y25AUDJPY 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📝
✅Weekly Order block rejection
✅15' Order block
✅Daily 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
Bitcoin,when it’s all said and done.Bitcoin has no reason to revisit under 100k before a new high. Although markets are manipulated by large players often, it’s usually to change market sentiment for those who are over leveraged and ignorant of the whale games. If it were to wick down to below 100k, I strongly believe it will reverse violently to the upside surpassing ATH. There will be no WWIII. Believe in righteousness and give peace a chance.
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
XAUUSD Trade Setup – June 17, 2025🔍 30-Min Timeframe | Volume Profile | Risk-Reward Analysis
🔹 Short Position Idea
🔻 Entry: $3,393.83
🔻 Stop Loss: $3,402.14 (above recent value area high)
🔻 Take Profit: $3,359.88 (prior HVN support area)
📉 R:R ≈ 3:1
🔸 Context:
Price rejected the upper volume node and failed to break the prior high.
Strong selling pressure followed by a pullback to a low-volume node.
VWAP and POC levels show imbalance favoring bearish continuation.
🔸 Confirmation:
Break and close below $3,389 with volume could confirm downside momentum.
📌 Watching for price to respect the value area and migrate toward the lower demand zone.
Nifty levels - Jun 18, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
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Wishing you success in your trading activities!
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.