Gold in correction waveFor intraday trading:
Gold is showing an ABC correction pattern on the chart, ending around 3275-3265. I'm looking to sell next week, with an invalidation level above 3338.
Looking for a buying opportunity at 3265, targeting 3462. Confirmation of continued buying interest above 3338, then 3400. invalidation level for buying is close below 3245.
Wave Analysis
S&P500 is Nearing an Important Support of 5,960!!!Hey Traders, in today's trading session we are monitoring US500 for a buying opportunity around 5,960 zone, US500 is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 5,960 support and resistance area.
Trade safe, Joe.
Bitcoin at the Crossroads: Will BTC Breakout or Retest SupportBitcoin (BTC) – Testing Resistance, Ready for Reversal or Breakout
Technical Outlook — June 11, 2025
Current Market Condition:
Bitcoin (BTC/USDT) is currently trading around $108,644 following a modest decline of -1.48% on the daily chart. After a bullish recovery from the $92,000–$96,000 zone, BTC has approached a strong resistance band near $112,000. The current structure suggests the market is in a critical phase — either poised to break higher or risk a deeper retracement toward key demand levels.
Key Technical Highlights:
Price is trading above the 50 EMA (blue) and the 200 MA (red), suggesting a bullish short- to medium-term bias.
The $112,000 zone is acting as a strong resistance, where BTC has previously faced rejections.
The ascending yellow parallel channel outlines the broader uptrend structure — BTC remains well within bounds, showing potential for continuation.
The Stochastic Oscillator is climbing, indicating building bullish momentum but nearing overbought territory, which could trigger short-term pullbacks.
Immediate supports are found near $104,000 and $96,000. A failure to hold above $104,000 could trigger downside pressure.
Trade Plan:
✅ 1. Bullish Breakout (Long) – Most Probable Scenario
Trigger: Daily close above $112,000 with strong volume and momentum
Target: $122,000 - $125,000
Stop Loss: Below $109,000
⚠️ 2. Bearish Rejection (Short) – Possible Scenario
Trigger: Bearish reversal candle at $112,000 or daily close below $106,000
Target: $102,000, then $92,000
Stop Loss: Above $111,000
📉 3. Dip Buy Setup – Last Scenario
Trigger: Price retests and holds $96,000 or $92,000 with a bullish reversal signal (e.g., pin bar, hammer)
Target: Immediate resistance at $104,000, then $112,000
Stop Loss: Below $91,000
Risk Management:
Always apply proper risk management, including clear stop-loss placement and responsible position sizing. Bitcoin can react aggressively to macroeconomic events and regulatory news — monitor sentiment closely when near major technical levels.
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⚠️ Disclaimer: This content is intended for educational purposes only and does not constitute financial advice.
Nasdaq - This starts the next +50% rally!Nasdaq - TVC:NDQ - might break out soon:
(click chart above to see the in depth analysis👆🏻)
Despite the quite harsh correction of about -25% which we saw in the beginning of 2025, the Nasdaq is clearly heading for new all time highs. It sounds almost incredible but if the Nasdaq breaks above the current confluence of resistance, a breakout rally of +50% will follow thereafter.
Levels to watch: $21.500, $33.000
Keep your long term vision!
Philip (BasicTrading)
US30 Bigger Picture - Make or Break MomentUS30 H4
Technical Outlook — 11 June, 2025
Market Context:
The Dow Jones (DJI) is currently consolidating around 42,730, forming a tight range near the "Previous Day High." Price action suggests a potential ascending triangle or consolidation pattern, indicating a crucial decision point for the short-term trend. The market is showing indecision at a key resistance cluster.
Key Levels & Trade Plan:
Resistance:
Immediate: ~$42,890 - $42,950 (Previous Day High / Upper consolidation boundary).
Major: ~$43,100 - $43,150.
Support:
Immediate: ~$42,700 - $42,750 (Lower consolidation boundary / Ascending trendline).
Strong: ~$42,545 - $42,600.
Lower/Previous Day Low: ~$42,280 - $42,390.
Trade Plan:
Bullish Breakout (Long):
Trigger: Clear 1-hour close above $42,950 with good volume.
Target: $43,100.
Stop Loss: Below breakout level (e.g., $42,850).
Bearish Breakdown (Short):
Trigger: Clear 1-hour close below $42,700 with strong selling volume.
Target: $42,600, then $42,390.
Stop Loss: Above breakdown level (e.g., $42,780).
Dip Buy (Long):
Trigger: Price holds $42,545 - $42,600 with bullish reversal.
Target: Resistance levels.
Stop Loss: Below the confirmed support.
Risk Management: Always use proper position sizing and set a stop loss.
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Disclaimer: This content is intended for educational purposes only and does not constitute financial advice.
Gold/XAUUSD Possible CPI Move 11 June 2025Technical Analysis
Key Confluences Supporting the Buy Setup:
Trendline Support
The gold shows a well-respected ascending trendline, which has been tested multiple times. This provides a dynamic level of support.
Horizontal Support Zone (3323–3326)
This area previously acted as resistance and has now flipped to support. The consolidation here suggests a demand zone.
Bullish Market Structure
The market is forming higher highs and higher lows, indicating a bullish structure. The current pullback may serve as a liquidity grab before continuation.
Liquidity Below 3320
There is likely a liquidity pocket just below 3320. Price could sweep below support to trap sellers before reversing upward.
CPI News Catalyst
CPI data release can cause volatility. The stop-loss below 3314 is well-placed to allow for a spike without invalidating the bullish structure.
Trade Setup Summary
Bias: Bullish
Entry Zone: 3323–3326
Confirmation: Reaction from the trendline and horizontal support after CPI release
Take Profit (TP): 3335/3349 (targeting the recent high and potential double top liquidity)
Stop Loss (SL): Below 3314
Risk-Reward Ratio (RRR): Approximately 1:2
Entry Trigger: Look for a strong bullish rejection or engulfing pattern at the 3323–3326 zone to confirm entry.
Management: Consider partial profit booking near 3340 if volatility increases or if price shows signs of rejection before the target.
CHCC LONG TRADE 11-06-2025CHCC long trade
We're issuing a buy call for CHCC (PSX) based on its promising technical setup. Here's a brief overview:
- *Breakout and Correction:* CHCC broke out of its accumulation phase in October 2024, posting a high of 318. Since then, it has been in a downward corrective channel, which appears to be a bull flag based on price action analysis.
- *Breakout and Current Setup:* The stock has been gearing up for a breakout above this bull flag, supported by sufficient volume distribution. The breakout occurred today, and we expect the uptrend to continue.
🚨 TECHNICAL BUY CALL – CHCC🚨
- Buy levels:
- Buy 1: Current level (285)
- Buy 2: 271
- Buy 3: 260
- Targets:
- TP1: 312
- TP2: 335
- Long-term TP1: 364
- Long-term TP2: 392
- Long-term TP3: 422
- Stop Loss: Below 250
- Risk Reward Ratio: Greater than 4.86
This is a short-term buy trade and long-term investment call. We expect the uptrend to continue. Keep a close eye on CHCC's price action and adjust your strategies accordingly.
PPP LONG TRADE 11-06-2025PPP LONG TRADE
- *Historical Performance:* PPP started a gradual uptrend in 2013, followed by a spike-like upturn in April 2017, reaching 135. The stock then traded in a range between 35 and 137 until the start of this year.
- *Breakout and Pullback:* PPP broke out of this long-term trading range with strong volume distribution. After the breakout, the stock experienced a slow pullback, touching the breakout level and the major gap created by the breakout spike. Recently, it has shown reversal signs upwards.
- *Current Setup:* The stock is primed for an up move.
🚨 TECHNICAL BUY CALL – PPP🚨
- Buy levels:
- Current level: 170
- 162
- 155
- Targets:
- TP1: 190
- TP2: 210
- TP3: 231
- Stop Loss: Below 125
- Risk Reward Ratio: 2.4
Caution: Please buy in 3 parts in buying range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
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PPL LONG TRADE (11-06-2025)PPL LONG TRADE
- *Trend Breakdown and Reversal:* PPL previously followed a trend supported by a dotted blue trend line but broke down in the first week of April. It found support at a major trend line around 127 and reversed sharply upwards in a spike fashion, reaching 175.
- *Current Setup:* After a brief pullback, PPL has resumed its upward drive. The upward reversal has formed an inverted head and shoulder pattern, indicating a potential bullish trend. The stock has created multiple small IFDs and FVGs on the lower timeframe (LTF), and the volume gradient supports the continuation of this uptrend.
🚨 TECHNICAL BUY CALL – PPL🚨
- Buy levels:
- Current level: 174
- 170
- 166
- Targets (calculated using Quantified Displacement Method):
- TP1: 190
- TP2: 210
- TP3: 224
- Stop Loss: Below 154
- Risk Reward Ratio: 3
Caution: Please buy in 3 parts in buying range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
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ETHEREUM: THE NEW BOND OF THE DIGITAL WORLDPrice isn’t the goal. Price is the side effect.
Meanwhile, BlackRock - a black hole with a trust-backed logo - just absorbed 42,000 ETH more.
Yesterday, you may have read this "regular" headline:
BlackRock increases its Ethereum exposure to $4 billion, adding $109.5 million via ETFs.
But here’s what you missed: there are no random numbers on the market.
When a player like this moves - it’s not hype. It’s a blueprint for the future.
Ethereum is no longer an altcoin.
It’s no longer speculation. It’s a financial infrastructure, already recognized by law, exchanges, and institutions.
What does this mean?
💡 Ethereum is now a digital bond - with yield flowing from blocks.
Profit is no longer built on promises, but on the structure of the chain itself.
Trust lies not in faces, but in code.
Growth is not artificial — it’s architectural.
And here’s why this is terrifyingly beautiful:
While you sleep, they are building an era.
Each ETF purchase removes ETH from circulation - permanently. Because:
✅ This ETH is gone from the open market
✅ It won’t be panic-sold
✅ It becomes income-bearing collateral, not a speculative asset
Still waiting for an entry signal?
The big players are already in.
This is no longer crypto - this is cash flow infrastructure, embedded into the digital economy.
And when pension funds, insurers, and sovereign investors move into Ethereum - they will come via ETFs.
Not because it’s trendy, but because it’s regulated, stable, and profitable.
📉 When institutional demand meets vanishing supply - the price won’t simply rise. It will explode, not as growth, but as a structural liquidity shift.
Ethereum is:
💸 Staking = passive yield
🔗 Backbone of DeFi
🖼 Fuel for NFTs
⚙️ Millions of transactions per second
⚖️ A regulated ETF asset
This is the new digital bond system, where the bet isn’t on the dollar - it’s on ETH as an income-producing asset.
💥 While you're reading this, the game is already on.
ETFs are rewriting the rules of time-ownership.
No hype. Just filings. Just intention.
Best regards EXCAVO
S&P500: Within reachThe S&P 500 has edged past the 88.70% retracement and is now trading within our magenta Target Zone (Coordinates: 5,880 points to 6,166 points). This places magenta wave (B) likely near its peak - a move that could soon give way to a sharper decline as part of the anticipated wave (C). At current levels, the setup remains favorable for initiating short positions. To manage risks, a stop just 1% above the upper boundary of the Target Zone is recommended. If the index breaks above resistance at 6,6675 points, however, we would shift to an alternative interpretation: a bullish continuation in the form of the wave alt.(III) in blaue. We currently assign a 40% probability to this scenario. One final note: the minimum technical requirement for wave (B) has already been fulfilled by the entry into the Target Zone. This means wave (C) could begin any time.
Over 190 precises analyses, clear entry points and defined Target Zones - that's what we do.
EUR-JPY Pullback Ahead! Sell!
Hello,Traders!
EUR-JPY keeps growing
Just as I predicted in my
Previous analysis and the
Pair is locally overbought
So after the pair hits the
Horizontal resistance above
At 166.715 we will be
Expecting a local pullback
And a bearish correction
Sell!
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MIRKS LONG TRADE 11-06-2025MIRKS LONG TRADE
- *Previous Uptrend and Correction:* MIRKS was in an uptrend until June 2023, followed by a corrective downward channel, completing three pushes down in a bearish wave.
- *Accumulation and Breakout:* Over the last year, institutions have been gradually accumulating the stock, leading to a huge breakout after a mini accumulation phase in a yellow channel (January 2025 to May 2025). The stock has made significant gains since then.
- *Current Setup:* After a brief pullback, we expect the stock to resume its upward trajectory soon.
🚨 TECHNICAL BUY CALL – MIRKS🚨
- Buy levels:
- Buy 1: 32.5
- Buy 2: 30.5
- Buy 3: 28.5
- Targets:
- TP1: 38.95
- TP2: 41.99
- TP3: 46.9
- TP4: 52.85
- Stop Loss: Below 25.3
- Risk Reward Ratio: 3
Caution: Please buy in 3 parts in buying range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
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₿ Bitcoin: Further Upside ExpectedBitcoin (BTC) pulled back slightly in yesterday’s session but remains on track to continue its corrective rally within green wave B. In line with our primary scenario, this advance is expected to reach the blue Target Zone between $117,553 and $130,891. Afterward, we anticipate the onset of wave C, which should initiate a substantial decline—driving the price down into the lower blue zone between $62,395 and $51,323. This is also where we expect orange wave a to conclude. From there, wave b should provide a temporary rebound before wave c resumes the broader downtrend, ultimately completing blue wave (ii). That said, there’s still a 30% probability that blue wave alt.(i) has not yet topped. In this alternative scenario, BTC would extend higher, potentially breaking above resistance at $130,891 before the corrective phase resumes. The daily chart illustrates the entire five-wave blue sequence and shows our expected low for wave (ii) within the blue zone between $37,623 and $26,082.
📈 Over 190 precise analyses, clear entry points, and defined Target Zones - that's what we do.