MESM June 2: Hold 7573 for 7632, lose it watch 7550MESM analysis for Tuesday, June 2
MESM is still trading inside a consolidation range, with support around 7573 and resistance / previous all-time high around 7632.
On the 4H chart, the key level for me today is 7573. If I want to stay constructive, then I do not want to see a 4H candle close below 7573. As long as price holds above that level, I’m still watching for continuation back toward 7632.
If price starts closing below 7573, then I think the structure weakens and opens the door for dow
Head and Shoulders
Bitcoin | Are We Even in Bull Market or Bear market?BTC is doing exactly what these markets tend to do — make things look unclear right before the next significant move.
What we are watching:
Sellers failed to hold the neckline around $70K, and instead of a clean breakdown, we got a failed breakdown followed by a push into the $80K psychological resistance. That level is not just a zone — it's a round number, which historically carries more weight than a regular resistance because of the volume of orders and attention concentrated around it. W
Gold Chart Pattern in playGOLD WEEKEND ANALYSIS — XAU/USD 1H
A potentially powerful pattern is forming on Gold and it's worth watching closely next week.
We have an Inverse Head & Shoulders developing on the 1H chart:
📌 Left Shoulder — formed
📌 Head — bottomed out around $4,366
📌 Right Shoulder — forming NOW
Price pushed up into a key resistance level at $4,579 and printed a pin bar rejection — which is exactly what we want to see. That rejection is now giving us the pullback to form the right shoulder.
📍 Key observ
Gold Update 📊 *GOLD (XAU/USD) — Reading the Chart Like a Pro*
Ever look at a chart and feel like it's just noise? 👀
Let me show you what I'm seeing on Gold right now — and more importantly, *why* I'm seeing it.
🔍 *Step 1: The Big Clue — A Pin Bar at Resistance*
Gold pushed up to $4,579 and left a Pin Bar — a candle with a long upper wick and a small body. That wick tells us buyers tried to push higher... but sellers rejected them hard.
When that happens at a known resistance level? That's not random. T
Celsius to $40Celsius has been beaten down with increased production and expense costs (double compared from 2024 500m to nearly 1B due imo to iran conflict). I expect their revenues to keep increasing YoY.
With JP Morgans new price target for the 12m period of $67 i think once this down trend is broken the inverse head and shoulder target will hit around $40. There is also a gap here too.
Currently this beverage company are valued at 8B mcap ish with a forward p/e of 22. I think its a steal.
$GRPN Revised Thesis & ChartsNASDAQ:GRPN
Groupon failed to adapt amid intensifying competition, with annual revenue declining from approximately $3 billion in 2016 to about $500 million in 2023. Free cash flow troughed at -$173 million in 2021.
Pale Fire Capital began accumulating shares in 2021. Firm partner Dušan Senkypl assumed the CEO role in 2023 and now beneficially owns 34.1% of outstanding shares.
Since Pale Fire’s activist involvement, the business has stabilized. Operations have improved with a liquidity buffe
NZDUSD: Different Ways to Counter-trend TradeWhile many traders are focused on finding opportunities in the direction of the trend, counter-trend traders are often looking for something different: relief.
The 4-hour chart supports this idea as price continues to respect the resistance zone, RSI has pushed into overbought territory, and recent price action appears to be pausing and evaluating its next move.
Dropping down to the hourly chart reveals the potential formation of a double top pattern. While the pattern isn't complete yet, a va
ACHR | The Macro Arbitrage Player Wall Street Is MispricingHey Seekers!
While the macro crowd is obsessing over stubborn inflation, shifting energy costs, and municipal gridlock, a massive structural rotation is happening right under their noses. If you are hunting for an asymmetric growth setup where the technical chart matches an explosive regulatory inflection point, pull up Archer Aviation (NYSE: ACHR).
The tape tells the story: the daily chart has been carving out a beautiful staircase of higher lows, turning old resistance near the $5.70–$6.00 p
Aussie on the Edge - when the Patterns allign📊 AUD/USD | Weekly Watchlist
🗓 First Week of June 2026
Aussie is on my radar next week 👇
Price busy forming a clean Head & Shoulders on the 4H with an ABCD pattern in play. We're sitting at the Right Shoulder, which lines up with the 61.8% Fibonacci retracement — a textbook confluence zone .
What I'm waiting for:
🕯 A bearish candlestick confirmation on the Right Shoulder
— Bearish engulfing, shooting star, or evening star
— Needs to form at or near the 61.8% fib level
Once confirmed
Accumulate Gold Buyout Dryden Gold corpDryden Gold is practically tailor-made to be bought out, and major producers have already positioned themselves for it.The Strategic Backing: Major intermediate producers Alamos Gold and Centerra Gold have strategic equity stakes in Dryden. Alamos holds a 10.46% stake, while Centerra maintains a 9.9% interest. The "Top-Up" Behavior: Major miners don't just hold these shares passively; when Dryden raised an upsized $9.5 million in financing, both Alamos and Centerra actively exercised their top-
Bitcoin Short Update: Wave 1 of C Down CompletedIn this video, I updated the Elliott Waves counts for Bitcoin and shows the breakdown of the 5-wave structure of wave 1 of C, and also the 5-subwaves for Wave 3 of 1 of C.
I also showed the head-and-shoulders pattern and discussed the profit targets using traditional Head-and-shoulders measurement rules, and Elliott Waves measurement rule using Fibonacci extension. My preference for Fibonacci extension gives a price target of $65,000.
What this means is that the breakdown formed by the correct
EUR/USD - LONG EUR/USD is making higher lows and higher highs on the 4H time frame. The daily timeframe is bullish. Aslong as the 4H time frame does not break the previous low. I will be looking for an entry signal on the 30 or 15 minute time frame. This is a swing trade that I will hold for the upcoming week. The same for GBP/USD
Support is loading: A powerful rebound may be next!Gold prices have been fluctuating frequently due to market news. Gold continued its upward trend throughout the day with little sign of pullback, indicating strong short-term bullish momentum. However, from the perspective of trading volume, although the trading volume has increased, it is not stable, which means that the current bullish buying is still more of a corrective buying, and the real trend-driven incremental funds have not yet fully formed.
From a technical perspective, gold rose rap
BTC - Reversal in the 4H - BULLISH PATTERNIncase you haven't been watching the shorter timeframes...
My last two updates have been about BTC in the short term. First was a long and short setup in the immediate term, which played out as such:
Now, after the trade has played out, an interesting set-up occurs in the 4h : a bullish Inverse H&S Pattern.
However, one thing needs to happen for this pattern to translate into longer term upside - the support MUST hold. Since the right shoulder is already lower than the left, this means that
USDT.D: The Shill Killer SetupUSDT.D still has unfinished upside business.
The crowd wants risk-on, but #Tether dominance is coiling above reclaimed support within a bull-flag.
unresolved projections at 9.8%, 10.36%, 12.3%, and 15.27%.
If 9.05% breaks, crypto beta likely gets dragged into the woodshed.
The shillers can chant “supercycle” all they want; this chart is quietly counting exit liquidity.
#Crypto is likely to dump because the market structure is already showing liquidity preference
which means capital is not
GLDRUB_TOM levels and TA scenariosI decided to draft my thoughts about GOLDRUB_TOM. I see 3 levels at ~10000, ~9000, ~8000. At the same time I believe there are 2 TA figures possible: double top and head-and-shoulders.
1) Double top scenario marked in yellow color with potential target at 8750.
2) Head-and-shoulders scenario marked in violet color with potential target at 7000. In case of this scenario we would see a bounce from current 10000 to somewhere at 11000























