AUDUSD Will Move Lower! Sell!
Please, check our technical outlook for AUDUSD.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 0.648.
Considering the today's price action, probabilities will be high to see a movement to 0.644.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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Short
GBPUSD Is Bearish! Short!
Here is our detailed technical review for GBPUSD.
Time Frame: 7h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 1.353.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 1.341 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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02/06/25 Weekly OutlookLast weeks high: $110,718.68
Last weeks low: $103,065.74
Midpoint: $106,892.21
As we approach the middle of the year, Bitcoin is back above $100,000 despite pulling back from a new ATH of $112,000. In the month of MAY BlackRocks ETF had record inflows of over $6B propelling prices 11% higher.
Last week we saw as the month closed and with that it's natural to have a window dressing period that usually leads to de-risking slightly. BTC stayed within the previous weeks range and maintains the pattern of:
Chop/consolidation --> expansion to the upside --> chop/consolidation...
However in this case the consolidation week had a much larger range than in the past which is a sign to me that the rally is exhausted for now. It's because of this I feel we may see a weekly low break for the first time in a month and get a more meaningful pullback than we've seen since early April. My target would be around the $97,000 area.
The case for the bulls is still a convincing one despite some red flags. Record ETF inflows continue to pour, M2 money supply continues to grow and a general shift to risk-on assets is clear. However these are longer term factors and just for this weeks outlook the momentum is with the bears briefly.
EURUSD Will Go Down From Resistance! Short!
Here is our detailed technical review for EURUSD.
Time Frame: 6h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 1.136.
The above observations make me that the market will inevitably achieve 1.126 level.
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.
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GOLD BEARS ARE GAINING STRENGTH|SHORT
GOLD SIGNAL
Trade Direction: short
Entry Level: 3,351.42
Target Level: 3,139.75
Stop Loss: 3,492.20
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1D
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CHF/JPY SELLERS WILL DOMINATE THE MARKET|SHORT
CHF/JPY SIGNAL
Trade Direction: short
Entry Level: 174.761
Target Level: 172.259
Stop Loss: 176.429
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1D
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CAD/JPY BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
We are going short on the CAD/JPY with the target of 102.555 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.
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USD/CHF BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
We are now examining the USD/CHF pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 0.817 level.
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USD/CAD SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
We are going short on the USD/CAD with the target of 1.375 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.
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DAX Take 1 Part 2 – Reloaded but not yet good to goThe first time, we saw the DAX poke the 1/4 line.
This was followed by several attempts (distribution by the big players), and from that point on, it headed south and the DAX rolled down the hill.
Currently, it looks very similar.
I’m watching and observing the break of the trend barrier very closely, even on smaller timeframes than the daily.
The profit targets are indicated by the red arrows.
After the break of the thick white centerline, a strong retest of the CL could be in store.
My main target would then be the red centerline.
Since the markets are behaving completely irrationally, I’ll need more “breathing room” in the trade and will handle this trade using long-dated LEAP options.
...poor little guy §8-)
USDCHF SELL IDEAUSDCHF is Ready to continue It's SELL Move to the higher time frame recent swing low of 0.803.
SELL IDEA BREAKDOWN;
Weekly is bearish and price is moving closer to the 0.803 swing low.
Daily is also bearish, price is moving towards the weekly swing low.
4HR had a bearish break in market structure, followed by a retest of the recent swing low that was broken by price to give MSS.
My entry was taken after the formation of a swing low and price is done retesting the old low.
This is a continuation trade.
Bitcoin Daily Technical Overview (BTC/USD)Currently, Bitcoin (BTC/USD) is trading around $104,800. Up slightly but still digesting a sharp reversal that rattled short-term bulls.
Recent Price Action: Rejection From $112K
Back on 22nd May, Bitcoin surged to a new high near $112,000, fueled by bullish momentum, institutional flows, and strong on-chain accumulation. However, that breakout was swiftly rejected, and BTC fell as low as $103,400.
This kind of "bull trap" reversal highlights a few key dynamics:
1) Overextended sentiment: The rally above $110K was not supported by volume or follow-through, suggesting exhaustion.
2) Profit-taking by large holders or institutions likely triggered a cascade of stop-losses, accelerating the decline.
3) Liquidation clusters in leveraged long positions likely exacerbated the drop.
Bitcoin is now attempting to reclaim stability around the $104K–$105K range.
🔍 Technical Snapshot
- Support Zones at $103,000 and $93,200
- Resistance Levels at $112,000 (ATH)
Price is still above the 50 & 200-day SMAs, which could be a bullish longer-term signal.
In addition, the price remains above the upper band of the cloud, but momentum is stalling. A decisive bounce off the cloud could reignite bullish sentiment. Or falling into the cloud could trigger more uncertainty and downside.
Macro tailwinds: Concerns over U.S. fiscal stability and potential Fed rate cuts could keep Bitcoin attractive as a non-sovereign asset.
📈 Projection Scenarios
Bullish Case:
If BTC consolidates above $107K, we could see another attempt and retest of $112K.
Bearish Case:
Failure to hold above $103K could see Bitcoin revisit $100K, and if that breaks, downside opens toward the $93K level.
🧭 Insight & Takeaway
The current reversal serves as a healthy reminder that no trend goes up in a straight line. Especially not in crypto.
It likely shook out overleveraged longs, reset sentiment, and may give the market room to breathe before the next leg up.
The long-term trend remains intact, but expect more volatility before any clean break to new highs.
Always DYOR and DYODD and manage your risk.
S&P 500 – Projection to the SouthLooking at the market's behavior using the orange median line/fork, one can clearly see how the market reacts when it touches one of the lines.
Median lines/forks are not an oracle. They simply project the highest probable path of the price based on a mathematical calculation inherent to the tool.
If you follow the rule set, money management, and risk management, you have a wonderful framework that offers a significant advantage in trading the markets.
Let’s take a look at the current situation:
The orange fork:
– Price closes outside the fork (1)
– Multiple retests of the L-MLH (textbook behavior) (2)
– Break of the 1/4 line, heading toward the 1st warning line (3)
Next movement pattern according to the median line framework:
– Drop to the white centerline (4)
– Retest of the centerline (5)
– 1/4 line (6)
– Lower median line parallel (7) with a possible retest
– Orange centerline of the pendulum fork (8)
Wishing everyone a wonderful start to the week.
TESLA: Short Trade with Entry/SL/TP
TESLA
- Classic bearish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Short TESLA
Entry - 345.78
Sl - 360.55
Tp - 309.96
Our Risk - 1%
Start protection of your profits from lower levels
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EURUSD: Bearish Continuation
The recent price action on the EURUSD pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down.
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SOL(targeting breakdown) — Eyes on BreakerThe market structure suggests further downside, with no bullish trigger in sight yet.
Setup:
🔻 Primary Target: $130–140 zone
This area aligns with the weekly breaker, a key HTF support level for potential bounce. Until then — no reason to long.
🟥 Rejection Zone: $156–160
Monthly open + FVGs. Strong rejection confirms bear control.
🟩 Major Support: $122–123
If breakdown continues, this is the final HTF defense.
Plan:
• Expect continued bleed or spike into breaker at $130–140
• Swing short play from rejection, monitoring PA into breaker for reaction
📌 Let the flush play out. Best setups come at higher timeframe supports — not mid-trend.
US30 Is Going Down! Short!
Please, check our technical outlook for US30.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 42,213.7.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 41,560.7 level.
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.
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NG1! BEARS ARE STRONG HERE|SHORT
NG1! SIGNAL
Trade Direction: short
Entry Level: 3.461
Target Level: 3.044
Stop Loss: 3.737
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 12h
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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GBP/NZD SHORT FROM RESISTANCE
Hello, Friends!
The BB upper band is nearby so GBP-NZD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 2.218.
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HelenP. I Gold may continue to fall to support levelHi folks today I'm prepared for you Gold analytics. The trend line on this price chart has been acting as a clear descending dynamic resistance. Every attempt to break above it resulted in a rejection, which confirmed the sellers' dominance in this area. After several touches and a breakout through the trend line, the price managed to climb higher but failed to hold above the key resistance zone around 3360 - 3375 points. A visible price gap formed during this rise, followed by another gap closer to the resistance zone, which could now act as magnets for retracement. Currently, the market is pulling back after reaching that resistance area, and the short-term structure still shows signs of weakness. The price is forming lower highs, and bullish attempts are being met with selling pressure. Given the historical respect for the trend line and the reaction near the resistance zone, I expect a short-lived rise, followed by a continuation of the downward move. My goal is the 3205 support level, which aligns with the lower boundary of the current price structure and fills the imbalance left behind by previous gaps. That’s why I remain bearish and set my goal at this level. If you like my analytics you may support me with your like/comment ❤️
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EURUSD Under Pressure! SELL!
My dear friends,
Please, find my technical outlook for EURUSD below:
The instrument tests an important psychological level 1.1348
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.1313
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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
GBP/AUD SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
Previous week’s green candle means that for us the GBP/AUD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 2.041.
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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