post market ideasSPX rallied into resistance today, so far it's being held back there. Gold looks like a bounce is coming but I don't think it lasts. NG is looking more and more bullish. USOIL found support under 70 and should test the highs from Friday. BTC looks like it could come down a bit here.
Wave Analysis
I think these 2 scenarios can happen for gold to reach new ATHGold supported by Israel-Iran conflict, US intervention in focus
Gold's sharp rise came late last week after Israel struck multiple targets in Iran, including Tehran's nuclear facilities.
The attack sparked fierce retaliation from Iran, which launched a barrage of missiles at key Israeli targets, including the financial capital Tel Aviv. Some of the Iranian missiles were also seen penetrating Israel's "Iron Dome" defense system.
What do you think?
Best regards, StarrOne !!!
The last leg down?Enphase is holding on for it's life here, if support is lost then we could be heading towards my final target of $17-20. This stock has been a disaster. We had a 5 wave move up, then an abc correction. We are still in the final leg of wave c, nobody knows where it will end.
I have kept an eye on the stock, i'm certainly not trying to be too smart catching this falling knife. The downtrend was compounded last night by the news I was long anticipating - the administration is withdrawing tax credits for the industry.
Whilst this indeed a highly volatile stock that shows no strength of reversing trend, I may swing trade this stock once the sellers are exhausted. There is a need for energy in the AI era, solar will not disappear and this maximum fear scenario may soon present an opportunity.
Not financial advice, do what's best for you.
XAU/USD 1H Technical Breakdown – Structure Shift in ProgressThis chart captures a clear market structure transition on Gold’s 1-hour timeframe, highlighting a shift from bullish momentum to a potential bearish phase.
🔍 Key Observations:
Uptrend Structure:
Price had been respecting a bullish channel with a sequence of Higher Highs (HH) and Higher Lows (HL), showing strong bullish momentum.
Break of Structure (BOS):
The bullish market structure was invalidated when price broke below the most recent Higher Low, marking a Break of Structure (BOS). This signals the end of the uptrend and beginning of possible bearish control.
CHoCH (Change of Character):
Before the BOS, price failed to make a new HH and began forming lower highs — this internal shift hinted at weakness and can be considered the Change of Character, occurring subtly before the BOS.
Bearish Projection:
Price is expected to retest the broken structure (potential lower high formation) and continue dropping toward the demand zone (green box) around $3,330 - $3,340.
Supply Zone Above:
The upper green zone marks a supply region, from where the bearish rejection initiated, reinforcing the bearish bias.
✅ Conclusion:
This is a textbook example of a trend reversal setup:
CHoCH ➤ BOS ➤ Pullback ➤ Continuation.
Traders may watch for short opportunities after a bearish retest, with the green demand zone below as a potential take-profit area.
SSGC LONG TRADE - SECOND STRIKE 17-06-2025SSGC Technical Buy Call - Second Strike on 1H
Rationale: SSGC previously surged from Rs. 10 to Rs. 50 in a few months, then reaccumulated in a double bottom bull flag pattern. With a bullish access zone as support, the stock is poised for further upward movement.
🚨 TECHNICAL BUY CALL – SSGC🚨
- Buy 1: Current level (Rs. 45)
- Buy 2: Rs. 44
- Buy 3: Rs. 43
- TP 1: Rs. 50.6
- TP 2: Rs. 55.5
- TP 3: Rs. 60.5
Stop Loss - Below Rs. 40 closing basis
Risk-Reward Ratio-1:3
Caution: Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
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AUDUSD Will Go Up From Support! Long!
Please, check our technical outlook for AUDUSD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 0.653.
Considering the today's price action, probabilities will be high to see a movement to 0.657.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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$BTC Post-Market Update - 6/16Hello Fellow Gamblers,
Bitcoin did a beautiful move towards our confirmation level, but we are now facing with a possible rejection.
As you can see in the chart, i have 2 paths that are possible for us to see happening.
- We need the 1hr 20EMA hold support for a continuation up, a break of the 20EMA support will take price towards 106k level.
- A break of 106 level will validate the bearish scenario.
- If 106k level holds, we could see come quick accumulation to recharge for a stronger breakout.
- Level's to watch: 110.5k, 108.4k, 106.6k, 104.3k, 101.0k
GBP/JPY Rejection – Bearish Move ExpectedChart Description (GBP/JPY – 1H Timeframe):
This GBP/JPY chart shows a strong resistance level around 196.566–196.693, where the price has been rejected multiple times (marked by the red arrow). After testing this resistance zone, the price is expected to drop.
The chart suggests a sell setup:
Entry: Near resistance zone (196.566)
Target: Around 193.766 (marked with yellow dotted line)
Stop-loss: Above the resistance at 196.710
The black arrows indicate the expected bearish move from resistance down to support.
Summary:
Price is rejecting a major resistance. Expecting a drop towards 193.766 — possible short opportunity.
GOLD - WAVE 5 BULLISH TO $3,622 (UPDATE)Gold is currently going through a strong 'accumulation' phase for buyers, hence why we're seeing these choppy price actions, trying to liquidate buyers. It won't surprise me if we see dips lower, but overall we remain bullish as long as Gold is ABOVE THE WAVE 2 LOW. Breaking below this low, will invalidate bullish structure.
Wave 2 Invalidation Level - $3,245❌
Uber: Upward Momentum ExpectedUber attempted to counter recent sell-offs with an upward move; however, downward pressure quickly resumed. We must still consider a 35% chance that the turquoise wave alt.3 has already concluded, which would imply direct declines below support at $77.57 during wave alt.4 . In this scenario, long entry opportunities could emerge within our alternative turquoise Target Zone between $65.94 and $57.24. Primarily, the regular wave 3 should reach its peak well above the $94.10 mark, and wave 4 would start later.
📈 Over 190 precise analyses, clear entry points, and defined Target Zones - that's what we do.
NML LONG TRADE 17-06-2025NML LONG TRADE (1H)
Rationale: NML previously surged in a vertical uptrend, then consolidated in a trading range with various chart patterns. The stock is now poised to break out and resume its upward journey.
🚨 TECHNICAL BUY CALL –NML🚨
- Buy 1: Current level (Rs. 126.5)
- Buy 2: Rs. 122.6
- Buy 3: Rs. 119.1
- TP 1: Rs. 132
- TP 2: Rs. 138
- TP 3: Rs. 144
Stop Loss - Below Rs. 115 closing basis
Risk-Reward Ratio- 1: 3.1
Caution: 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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NZDUSD Potential UpsidesHey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.60000 zone, NZDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.600000 support and resistance area.
Trade safe, Joe.
Gold is rising in the shock!
From the analysis of the 1-hour chart, pay attention to the long-short watershed of 3360-3365. If it stabilizes at this position, it is expected to further bottom out and rebound. The upper short-term resistance is around 3410-3420, and the support is 3377-3380. Rely on this range to see the wide range of long and short shocks during the day. In the middle position, watch more and do less, be cautious in chasing orders, and wait patiently for key points to enter the market. I will remind you of the specific operation strategy during the session, and pay attention to it in time.
Buy gold when it falls back to the 3375-3383 range, and continue to buy when it falls back to the 3360-3364 line. The target is 3415-3420, and continue to hold if it breaks;
EUR/USD - Upside Bias Continues Amid Market EventsHi Everyone,
As outlined in our analysis last week, we continue to expect EUR/USD to advance further to the upside. A successful retest of the 1.15240 level provides support for the move.
This promises to be an eventful week as markets navigate geopolitical tensions and upcoming central bank decisions. As long as price holds above 1.14483, we anticipate a continuation higher toward the 1.16564 level, which would further reinforce our long-term bullish outlook.
A confirmed break above this resistance would likely open the door for a move toward 1.18325, where we anticipate encountering dynamic resistance.
We will provide further updates on the projected path for EUR/USD should price reach this level.
The longer-term outlook remains bullish, with expectations for the rally to extend toward the 1.2000 level, provided the price holds above the key support at 1.10649.
We will continue to update you throughout the week with how we’re managing our active ideas and positions. Thanks again for all the likes/boosts, comments and follows — we appreciate the support!
All the best for a good end to the week. Trade safe.
BluetonaFX
EURAUD: A Risky and Bearish Trading SetupEURAUD: A Risky and Bearish Trading Setup
Since Wednesday, EURAUD has surged over +370 pips in just two days, despite the move lacking a clear catalyst. It appeared to be a pure bullish impulse. Notably, AUD failed to show strength even after the U.S.–China trade agreement, which would typically support the Australian dollar.
However, today’s geopolitical escalation—Israel’s military strike on Iran—triggered a price reaction near the 1.7880 level.
While the setup remains risky, there’s a reasonable chance the pair may retrace just as swiftly as it rallied.
🎯 Key downside targets to watch: • 1.7700 • 1.7610 • 1.7510
You may find more details in the chart!
Thank you and Good Luck!
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.