Parallel Channel
GOLD - Consolidation above 4,700...Gold is testing the downward resistance of the daily market structure. A de-escalation in the Middle East and consolidation above 4,700 could provide an opportunity for a shift in market sentiment.
Gold is holding above $2,700 amid geopolitical uncertainty and anticipation of key NFP data on the U.S. labor market. The main drivers of growth are weakening demand for the dollar and hopes for a Fed rate cut in the event of weak employment statistics. The fate of the precious metal depends on progress in U.S.-Iran negotiations and the NFP data
Technically, the dollar looks weak. The fundamental backdrop is unstable, but the weakening of the DXY and oil prices is supporting gold
Gold is consolidating within the 4,660–4,764 range; however, the market is attempting to hold above the pivot point and the key 4,700 level.
Resistance levels: 4764, 4798, 4803
Support levels: 4700, 4660, 4646
Technically, the market is in a consolidation phase within the range. Focus is on 4700 and the 4660–4646 cluster. Given the news, if the fundamental backdrop remains unchanged, the market may form a long squeeze before rising. However, if the bulls keep gold above 4700, the market will have the potential to rise to 4800–4830.
Best regards, R. Linda!
EURUSD: Rejection from Resistance Targets Lower Support LevelsHello everyone, here is my breakdown of the current EURUSD setup.
Market Analysis
EURUSD previously traded inside a downward channel, confirming bearish momentum. After breaking lower, price formed a range near support and later reversed through an inverse head and shoulders pattern, triggering a short-term recovery.
Currently, price is trading below the 1.1750 resistance zone inside a new descending channel, while holding above the 1.1630 support zone. Recent rejection from resistance confirms renewed selling pressure.
My Scenario & Strategy
As long as EURUSD remains below the 1.1750 resistance and respects the descending channel, the bearish scenario remains valid. A rejection from this area could push price toward the 1.1630 support (TP1).
However, if price breaks above 1.1750 and exits the descending channel, the bearish outlook would be invalidated, opening the path for a potential upward move.
That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
XAUUSD: Escapes Bearish Channel – Long Scenario in PlayHello everyone, here is my breakdown of the current XAUUSD setup.
Market Analysis
Gold previously traded within a downward channel. After reaching a local bottom, price formed a fake breakout near the lower boundary of the channel and quickly reversed upward, signaling buyer strength and a possible trend reversal.
Currently, XAUUSD is holding above the 4,720 support zone while trading near the upper boundary of the previous bearish structure. A recent breakout and successful retest of support indicate growing bullish momentum, while price continues to recover from the descending channel.
My Scenario & Strategy
As long as XAUUSD remains above the 4,720 support zone and holds the breakout structure, the bullish scenario remains valid. A continuation higher could push price toward the 4,800 resistance zone (TP1).
However, if price breaks back below 4,720 and loses support, the bullish setup would be invalidated, opening the path for a deeper pullback.
That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
EURUSD Rejected From Seller Zone – Return To The Trend LineHello traders! Here is my technical outlook based on the current EURUSD (2H) chart structure. EURUSD previously traded within a range before breaking out upward and entering a bullish recovery phase. However, after reaching the upper boundary of the structure, price faced strong rejection near the descending resistance line and started showing signs of weakening momentum. Currently, price is trading below the 1.1800 seller zone, while holding above the 1.1720 buyer zone. The market is also respecting the descending resistance line, and recent rejections from this area indicate growing selling pressure. As long as EURUSD remains below the 1.1800 resistance level, I expect a return to the trend line, where buyers are already possible. A deviation from this zone could push the price to the 1.1720 (TP1) support level. Please share this idea with your friends and click "Boost" 🚀
Huge Long Potential on BTCMarking the Micro (Light Green ②) complete as a WXY, though a 5-wave structure remains on the table. The key tell over the next 8–12 hours: whether the rally to the H&S neckline is impulsive or corrective. Impulsive gets me adding. ABC up to that level likely means another ABC down — and I'm out.
Partial long entered off the low. Managing from here. Be careful if price goes lower and make sure once the 5 waves are complete that you use the low as an invalidation point and exit fully if it's broken.
XAUUSD 1H Long Trade PlanXAUUSD 1H Long Trade Plan
Trading Instrument: XAUUSD (Gold)
Time Frame: 1 Hour
Trading Direction: Long
Entry & Key Levels
• Entry Price: Enter market directly near current price 4722.000
• Stop Loss: 4685.000
• First Take Profit (TP1): 4807.000
• Second Take Profit (TP2): 4900.000
Position Management & Trailing Stop Rules
1. When price reaches 4807.000, close half of the position and move stop loss to breakeven to lock profits.
2. When price hits 4900.000, close half of the remaining position again and trail stop loss higher continuously.
3. Hold the final residual position, keep trailing stop loss dynamically until price reaches supply & demand zone, then reduce position and fully protect floating profits.
Risk Disclosure
This trading plan is purely technical analysis reference, not any form of investment advice. Always abide by strict stop loss discipline, control reasonable position size, trade rationally, and bear all trading risks independently.
EURUSD Long: Bullish Structure in Play - Buyers Target 1.1830Hello traders! Here’s my technical outlook based on the current EURUSD (4H) chart structure. EURUSD previously traded within a range before breaking below the demand zone. After forming a bottom at a pivot point, price reversed and developed an inverse head and shoulders pattern, signaling a shift toward bullish momentum.
Currently, EURUSD is trading above the 1.1740 demand zone, which now acts as support, while approaching the 1.1830 supply zone. Price is also moving within an ascending channel, forming higher lows and showing sustained buying strength.
As long as EURUSD holds above the 1.1740 support and respects the ascending channel, the bullish scenario remains valid. A continuation higher could push price toward the 1.1830 resistance (TP1). Manage your risk!
EURGBP Short Opportunity in a clear Bear TrendPair has been shortlisted from myfxbook.com
81% long sentiment, indicating short opportunity
Parallel descending channel is a continuation chart pattern, indicationg
continuation of Bearish trend
No divergence on RSI
Entry at CMP where price:
1. testing 0.382 fib level of the previous bearish leg
2. testing upper boundary of channel
SL at last prominent LH
Rule-based TP at Risk-Reward Ratio of 1:1
BTCUSDT: Uptrend Continues – Targeting 83K ResistanceHello everyone, here is my breakdown of the current BTCUSDT setup.
Market Analysis
BTCUSDT previously traded within an upward channel, forming higher highs and higher lows, confirming strong bullish momentum. After a brief consolidation phase inside a range, price broke out to the upside and continued its upward movement.
Currently, BTCUSDT is holding above the 80,500 support zone and approaching the 83,000 resistance zone. A recent breakout followed by a successful retest of support indicates sustained buying pressure, while price continues to respect the ascending channel structure.
My Scenario & Strategy
As long as BTCUSDT holds above the 80,500 support and remains within the ascending channel, the bullish scenario remains valid. A continuation higher could push price toward the 83,000 resistance (TP1).
However, if price breaks below 80,500 and loses the channel support, the bullish setup would be invalidated, opening the door for a deeper correction.
That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
Gold Market Structure Turns Bullish – Key Levels AheadHello traders! Here is my technical outlook based on the current XAUUSD (3H) chart structure. Gold previously traded within a range before breaking down and entering a bearish phase. After reaching a local bottom, price reversed and started moving within an ascending channel, signaling a recovery phase. Currently, price is trading above the 4,630 buyer zone, which acts as strong support, while approaching the 4,800 resistance level (seller zone). A recent bounce from the ascending support line, along with multiple breakout confirmations, indicates growing bullish momentum in the short term. As long as XAUUSD holds above the 4,630 support and respects the ascending support line, the bullish scenario remains valid. A continuation higher could push price toward the 4,800 resistance (TP1). Please share this idea with your friends and click Boost 🚀
ETHUSDT - A pullback before breaking through 2400...BINANCE:ETHUSDT.P is forming a correction following a short squeeze. The altcoin is testing a key support level within its uptrend and may continue to rise. The uptrend remains intact
Bitcoin is consolidating above the 80,000 mark, having previously opened a new range of 80,000–95,000. The consolidation is forming above resistance, i.e., in the buying zone.
Accordingly, the flagship coin’s bullish momentum will support altcoin prices.
Ethereum is forming a liquidity hunt (correction) within the trading range. The correction does not break the bullish trend but gathers liquidity for a possible breakout of the consolidation resistance.
Resistance levels: 2,385, 2,398, 2,463
Support levels: trendline, 2313, 2250
If the bulls hold the price above 2315, this will confirm the formation of a local bottom and support the bullish trend. A breakout above 2400 could trigger a rally toward 2600
Best regards, R. Linda!
NETWEB | Pennant Formation Inside Rising Broad Channel | 5300+ PNETWEB is currently consolidating in a pennant formation after a strong up move, and the structure is developing within a broader rising channel, which keeps the overall trend constructive.
Chart View:
Price continues to respect the broader upward channel
After the recent rally, the stock has moved into a tight pennant consolidation
This kind of setup often acts as a continuation pattern, provided the breakout comes with strength and volume
Trade Thesis:
A decisive breakout above the pennant resistance can trigger the next leg of the up move.
If price sustains above the breakout zone, the stock can potentially head towards the 5300+ zone in the coming sessions.
Strategy:
Entry: Only on a confirmed breakout above the pennant / upper trendline
Confirmation: Prefer a strong candle close with improving volume
Target Zones:
Immediate target: previous swing high / channel resistance
Positional target: 5300+
Stop Loss: Below the pennant low / recent swing support
Invalidation: Any breakdown below key support or failure to sustain after breakout may delay the move
What to Watch:
Volume expansion on breakout
Sustaining above resistance, not just intraday spike
Price behavior near channel resistance
Bias remains bullish as long as the stock holds the structure.
Breakout confirmation is the key.
Not a buy/sell recommendation. Manage risk properly.
XAUUSD Short: Sellers Dominate Below 4,580, Potential Aim 4,490Hello traders! Here’s my technical outlook based on the current XAUUSD (1H) chart structure. Gold previously traded within a range, showing consolidation before reaching a pivot point at the top of the structure. From there, price reversed sharply and entered a descending channel.
Currently, XAUUSD is trading below the 4,580 supply zone, which acts as resistance, while approaching the 4,510 demand zone. Multiple rejections and breakouts inside the channel highlight strong selling pressure and continuation of the downtrend.
As long as XAUUSD remains below the 4,580 resistance and respects the descending channel, the bearish scenario remains valid. A rejection from this area could push price toward the 4,490 support (TP1). Manage your risk!
USDJPY: Consolidation Breakout!USDJPY has successfully broke below the horizontal range. the pair have been trapped on this consolidation momentum for couple of weeks now, moving in support and resistance formation. price is currently at retest of breakout, as it approaches the support level in respect of the structure. we anticipate more bearish.
A bearish reverse confirmation, activates sell continuation down to $155.36-$154.31, as next potential target.
Thanks for reading.
BTCUSDT Bullish Continuation Toward 82K Within Ascending ChannelHello traders! Here is my technical outlook based on the current BTCUSDT (4H) chart structure. Bitcoin previously traded under a descending resistance line. After the breakout, price established an ascending channel with higher lows, confirming growing bullish momentum. Currently, price is trading above the 78,900 buyer zone, which acts as strong support, while approaching the 81,300–82,000 resistance area (seller zone). A recent breakout from the range and continuation within the ascending channel indicate sustained buying strength. As long as BTCUSDT holds above the 78,900 support and respects the ascending channel, the bullish scenario remains valid. A continuation from this structure could push price toward the 82,000 resistance (TP1). Please share this idea with your friends and click Boost 🚀
EURCHF - Consolidation ahead of the rally FX:EURCHF is forming a long squeeze amid a local uptrend. Bulls are trying to hold key support...
A long squeeze has formed. The market is not letting the price fall below 0.9150. Bulls are trying to keep the price within the current range, and a rise in the euro could provide an opportunity for a bullish run.
The market is breaking the local structure and beginning to build momentum.
Resistance levels: 0.9162, 0.9178, 0.92
Support levels: 0.915
A long squeeze following a sharp drop could be a liquidity-hunting pattern ahead of a reversal. If the bulls hold the price above 0.915–0.9162, this could support a rise to 0.92–0.924 in the medium term
Best regards, R. Linda!
BTC Daily: Ascending Channel, 84K Next?BTC has been printing a clean ascending channel on the daily since late February.
Preliminary Support marked the base. The 67,000 level held as macro support across multiple tests before the channel structure formed above it. Every pullback inside the channel since has been shallower than the last. Buyers stepping in earlier each cycle.
The VRVP node at 72,777 is the dominant volume concentration. Price has not revisited it since breaking above. The volume profile on the left confirms this is not a low-participation rally.
Current price: 81,341. Holding above the 80,742 session open.
$84,000 is the next structural decision point. A clean daily close above that level changes the label on this move from recovery to continuation.
Invalidation: daily close below the channel lower boundary, currently near 79,200.
Protocol note: no entry valid without Gate 2 BOS confirmation and CVD alignment on the 4H. Structure is constructive. Trigger not yet confirmed.
Comparing Dow Jones Transportation Index (DJT) and SPX (US500)Chart comparing DJT and US500.
This comparison assumes both are in similar positions regarding their supercycle structures.
DJT has already completed its ((B)) wave with a blow-off top, as DJT tends to be a leading rather than lagging indicator for the larger equity markets.
US500 has been very technical since COVID low. I'm looking for it to top around 7451 or perhaps it goes a little bit extra to the median line target.
GOLD - The hunt for liquidity ahead of the fall ICMARKETS:XAUUSD is testing the 4,500 level and forming a counter-trend correction. The fundamental backdrop is weak; sellers are likely to return amid sustained demand for the dollar and renewed tensions in the Strait of Hormuz...
Since yesterday’s session, the US–Iran escalation has intensified, pushing the dollar and oil higher.
Inflation risks: An energy shock (rising oil prices) is fueling inflation, reinforcing “hawkish” expectations regarding Fed rates. The dollar is the primary safe-haven and reserve currency, which is weighing on gold.
Gold remains under pressure due to a combination of geopolitical tensions and hawkish expectations regarding Fed rates. Downside potential persists unless there are signs of de-escalation in the Strait. The key question is whether the ceasefire (in effect since early April) will collapse amid a new round of tensions within the context of a local uptrend.
Resistance levels: 4566, 4579, 4600
Support levels: 4510, 4482
Technically, a rebound from support is forming with the aim of a counter-trend retest of resistance and the liquidity zone. A short squeeze could shift the balance toward sellers and trigger a drop toward the support level of the range and the trend.
Best Regards, R. Linda!






















