USNAS100 – Bullish Scenario Valid Above 21640, Targeting 21920USNAS100 | Technical Analysis
The price initiated a bullish trend after breaking above 21470, as previously mentioned. It is now continuing toward the target at 21770.
Currently, price is approaching the resistance at 21775.
If it fails to break above and stabilizes below 21775, we may see a consolidation within the range of 21775–21640.
🔺 A 1H close above 21775 may trigger a continued bullish move toward 21920 and 22100.
🔻 A 1H close below 21640 could lead to a correction down to 21475.
Resistance: 21775, 21920, 22100
Support: 21640, 21510, 21370
Trend Lines
FVRR - The Algorithms can tell you everythingI've been following FVRR this entire consolidation period and have been able to track movements based on just two simple algorithms - are we respecting the white taper or are we respecting the red stronger.
Once we proved the white taper on the sell side, we immediately broke out of red with strength and found the HTF white.
That is the game we play here and it can yield incredible results if handled with patience!
Happy Trading :)
Trading Signals for GOLD sell below $3,392 (21 SMA-6/8 Murray)Gold is trading around 3,355, reaching the 100% technical rebound according to the Fibonacci extension indicator. Gold could continue to rise in the coming days and could reach 161.8% around 3,437.
8/8 Murray has acted as a strong selling zone in the past, so we believe this level could serve as a good selling point only if the gold price consolidates below 3,392.
On the other hand, we believe that below 3,378, gold could undergo a technical correction toward the 61.8% Fibonacci retracement level located at 3,345. This level could offer a good point to resume buying, with targets at 161.8% or around the 8/8 Murray level located at 3,437.
Gold left a gap at 3,427 in early May, and we believe it could close this gap in the coming days. Therefore, any pullback in he coming day will be seen as a buying opportunity. The key is for the price of gold to remain within the uptrend channel or above the 200 EMA located at 3,260.
At the opening of this week's trading sessions, gold left a gap around 3,289, and it is likely that this gap could be filled in the coming days. A pullback below 3,307 could confirm the decline and could even reach 3,260.
At current price levels, we believe gold will undergo a technical correction, so we must be very cautious. The key would be to sell below 3,380. The indicator is giving a negative signal, which indicates a potential technical correction in the coming hours.
EURUSD IDEAHere chart has been analysed and some trading ideas have been placed .
the trades shown are not confirmed trade .
only take trade after confirmation or when i told to take trade in the comment .
wait for the price action to come to our zone and form the structure we hoped for.
Please subscribe and follow to support me . thank you !
Gold- Short-Term Bull, Medium-Term BearIn my previous analysis, I pointed out the possibility of Gold correcting back to retest the broken descending trendline.
That zone is now acting as a key confluence area, and as long as the price holds above it, bulls maintain the advantage.
However, beyond the technicals, I also shared my personal view: while we could see some upside in the short term (next few days), I believe that Gold is setting up for another leg down in the medium term.
From a strictly technical perspective, the current price action reinforces the likelihood of a short-term bounce. We're seeing a clean retest of previous resistance turned support, which often leads to continuation moves.
📉 But if you're aiming for 1,000+ pip swings (like me), it's wiser to wait for clear bearish confirmation. The real opportunity may come after this short-term rise, at least in my opinion.
In conclusion:
- Short term is bullish as long as it stays above 3340-3350 in terms of daily close
- In the medium term, my opinion is unchanged, drop to 3200
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
LTCUSD is expected to fall to 80.0On the daily chart, LTCUSD rebounded after a shock decline. At present, attention can be paid to the resistance near 93.0-96.0. If the rebound encounters resistance, short selling can be considered. The support below is around 80.0. If the price breaks through the resistance near 99.0, it will start to rise.
Stronger U.S. JOLTS Data Pressures EURUSD!!!EURUSD ( FX:EURUSD ) failed to break the Resistance zone($1.1487-$1.1424) and started to fall again , breaking the Support lines .
In terms of Elliott Wave theory , it seems that EURUSD has managed to complete the main wave X of the Double Three Correction(WXY) structure .
Just moments ago, the U.S. JOLTS Job Openings data was released.
-------------------------------
Actual: 7.39M
Forecast: 7.11M
Previous: 7.19M
The stronger-than-expected JOLTS figure at 7.39 million signals a resilient labor market. This reduces recession fears and increases the likelihood that the Federal Reserve may keep interest rates elevated for longer.
Bullish for the U.S. Dollar( TVC:DXY )
Bearish pressure could hit EURUSD, especially if it's approaching the key resistance zone.
-------------------------------
I expect EURUSD to start to fall again after the pullback to the Support lines and to fall to the targets I have specified on the chart.
Note: If EURUSD touches $1.14580(Stop Loss(SL)), we can expect a failure of the Resistance zone($1.1487-$1.1424).
Please respect each other's ideas and express them politely if you agree or disagree.
Euro/U.S. Dollar Analyze (EURUSD), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
EURCAD's Triangle Hints Drop AheadThe correction looks like a contracting triangle, which is a common pattern in Elliott Wave theory. This kind of triangle usually forms during wave B or wave 4. It includes five smaller waves labeled A, B, C, D, and E, which move within two sloping lines that get closer together. There is also a demand zone marked in red on the chart.
Triangles often show a pause in the market before the price continues in the same direction as before. In this case, the triangle suggests that once wave E is complete, the price may drop again to finish wave C. The expected target area is between 1.54900 and 1.54320. This outlook remains valid as long as the price stays within the correction channel.
USDJPY InsightWelcome, everyone!
Please share your personal opinions in the comments. Don't forget to hit the booster and subscribe!
Key Points
- Japanese local media, including Kyodo News, reported that the U.S. and Japan are likely to hold the 5th round of high-level tariff negotiations later this week in the U.S.
- The Eurozone’s preliminary Consumer Price Index (CPI) for May rose by 1.9% YoY, slightly below the market forecast of 2.0%. The ECB is expected to cut interest rates this Thursday, and further stimulus measures are anticipated through the end of the year.
- Caroline Leavitt, White House Press Secretary, stated that “dialogue between the U.S. and China will take place soon,” reaffirming that communication between President Trump and President Xi Jinping remains valid and active.
- The U.S. job openings in April stood at 7.39 million, exceeding the market expectation of 7.10 million, suggesting continued strength in the U.S. labor market.
This Week’s Major Economic Events
+ June 4: Bank of Canada Interest Rate Decision
+ June 5: ECB Interest Rate Decision
+ June 6: U.S. Nonfarm Payrolls for May, U.S. May Unemployment Rate
USDJPY Chart Analysis
The pair has recently shown significant movement around the 144 level. The downtrend has been completely broken, and in the short term, USDJPY is expected to fluctuate within the 140–149 range. Due to resistance at higher levels, there's a strong chance the price could fall back to the 140 support zone. However, if the pair turns upward, a rise toward the 149 level is also likely.
6/4 Gold Analysis and Trading SignalsGood morning, everyone!
Gold experienced a strong intraday reversal yesterday, pulling back sharply after an initial rally. The price rebounded after entering our 3338–3321 buy zone, and is now approaching the 3362 resistance level. Technically, the short-term structure remains within an ascending rebound channel.
Key resistance levels to watch today:
First resistance near 3378
Psychological level at 3400
Extended resistance zone at 3416–3438
If price stalls near 3362 and pulls back, support is expected around 3345–3336, which could form a secondary bottom. If the rejection happens closer to 3380, then 3358–3352 is the support zone to watch. Should gold rally into the 3400–3416 area, keep a close eye on 3385, 3372, and 3365 as potential pullback supports.
📉 Technical Outlook:
4H chart: Price remains in a mild uptrend channel, with key structural support at 3323–3307. However, volume is not confirming the rally, and a potential double top formation cannot be ruled out.
1H chart: Strong support lies at 3343. The MACD is at a decision point, with bulls slightly favored. If volume increases, gold may retest the 3390 high or even push higher.
🗞 Fundamental Factors:
Today, focus on the ADP Employment Report and key Fed-related news during the U.S. session, which may create sharp intraday volatility or alter the trend trajectory. Be especially alert during the New York session.
📌 Today’s Trade Plan:
Sell between 3418–3438
Buy between 3318–3306
Key levels for tactical trades:
3413 / 3392 / 3381 /3365 / 3358 / 3343 / 3328
Strategy Outlook:
Maintain a “sell high, buy low” intraday approach, focus on volume-driven breakouts, and avoid chasing extreme moves blindly.
Columbus McKinnon Corp | CMCO | Long at $14.90Columbus McKinnon Corp NASDAQ:CMCO is a stock that is highly cyclical, moving in "boom and bust" cycles every 3-5 years. As indicated by its entry into my "crash" simple moving average area (currently between $11 and $13), it may be nearing the end of its bust cycle (time will tell). With a book value at $31, debt-to-equity of 0.6x (healthy), quick ratio over 1 (healthy), insiders buying over $1 million in the past 6 months, a 2% dividend yield, and earning forecast to grow after 2025, NASDAQ:CMCO may be a hidden gem for double-digit returns in the coming years. But every investment is a risk.
Thus, at $14.90, NASDAQ:CMCO is in a personal buy zone.
Targets:
$25.00 (+67.8%)
$30.00 (+101.3%)
XAU/USD Update - Riding Wave 5 to the TopGold continues its bullish recovery, having completed Wave (4) at the channel low. We're now riding Wave (5) with strong momentum.
🔹 Entry Executed: Entered long at the 0.382 Fibonacci retracement – $3,272.57, a key confluence zone with the EMA and previous structure support.
📈 Bullish Targets:
$3,396.89 (0.27 extension)
$3,463.25 (0.618 extension)
$3,499.84 (1.0 extension / Wave (5) completion)
The move is playing out cleanly, with RSI confirming upside momentum. As long as price holds above the 0.5–0.618 zone, bulls remain in control.
Letting this one breathe — eyes on higher highs. 💰📈
@WrightWayInvestments
@WrightWayInvestments
@WrightWayInvestments
$FET Ascending Triangle Incoming PUMP? 1 Hour Time FraNYSE:FET 1Hr Time Frame
📝 Technical Analysis:
FET is currently forming an ascending triangle pattern, a typically bullish continuation structure. This pattern is developing after a clear retest of the demand zone between $0.7038 and $0.7390, which previously acted as a strong support area.
✅ Key confirmations:
- Two clear rejections from the lower boundary of the ascending triangle, suggesting strong buying interest.
-A break of the previous bearish trendline, shifting market sentiment from bearish to neutral/bullish.
-Volume consolidation seen in the lower portion of the chart aligns with the tightening price action – often a precursor to breakout.
📊 Price Action Insights:
- The next potential retracement is expected around the Golden Pocket (0.618–0.65 Fib zone), which aligns with both the ascending triangle support line and demand zone – this confluence adds strength to the level.
- A breakout above the triangle's resistance, with confirmation, would present a long opportunity.
- Fair Value Gaps (FVGs) on the 4H timeframe are visible overhead at:
$0.7873 – $0.8061
$0.8401 – $0.8470
These serve as profit-taking targets for any bullish breakout trades.
📊 Volume Profile:
Using the anchored Volume Profile:
- High volume node is seen around $0.9141–$0.9889 – indicating historical resistance where price may slow down.
- Low volume node (volume gap) exists in the mid-region, implying a potential fast move through this zone if the triangle breaks upward.
❌ Invalidation Criteria:
This bullish setup is invalidated if:
- Price breaks below the ascending triangle support, followed by a loss of the swing low and demand zone below $0.7038.
This would likely lead to a continuation of the prior downtrend.
🧠 Conclusion:
The setup currently favors bulls, provided the ascending triangle holds. A confirmed breakout above resistance opens the path toward the identified FVG zones. However, risk management is crucial around the support area as a breakdown would negate the bullish structure.
Gold Breakout and Potential RetraceHey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 3,330 zone, Gold was trading an a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 3,330 support and resistance zone.
Trade safe, Joe.
USDJPY Potential DownsidesHey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 143.200 zone, USDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 143.200 support and resistance area.
Trade safe, Joe.
Falling Wedge - Bullish Reversal - Bullish DivergenceOANDA:EURGBP has formed and broken out of a falling wedge, which is considered a bullish reversal pattern. Pattern has formed after price found support at the support trend line and broke the lower highs in the retracement!
I am expecting bullish momentum in the coming days!
The pullback did not change the bullish trendGold maintained a weak structure of shock in the Asian and European sessions, and the price slowly adjusted back, forming a secondary bottoming pattern during the day. The current trend is mainly structural consolidation. From a technical perspective, 3328 and 3335 below constitute key short-term support. If it does not break expectations, it will effectively stop the decline and stabilize, and provide a basis for a rebound.
At present, the profit space for chasing shorts is limited. The only stable idea is to wait for the gold price to fall back and stabilize before participating in the long position layout. In terms of operation, it is recommended to arrange long positions near the support level, focusing on the strength of gold's retracement in the 3325-3330 range, and confirming the stabilization of the decline.
Once it stabilizes and rebounds, the short-term long target can be seen at 3350 and 3378, and the extended target focuses on the previous high of 3392. If it breaks through strongly and stands firm at this position, it will further open up to 3400-3410 space.
Operation suggestion: If gold falls back to the 3325-3330 range, go long with a light position. If it falls to 3335 and stabilizes, you can enter long orders in advance, with targets at 3350 and 3378.