FTM [FANTOM] EWP TC FIB ANALYSIS WEEKLY TFFTM – Weekly Structure Overview
Price completed a clear 5-wave impulse from the 2020 low into the 2021/22 peak. Since then, the market has been unfolding a higher-degree A–B–C correction within a descending channel.
Wave B stalled in the typical 0.618–0.707 Fibonacci retracement zone, followed by an impulsive decline forming Wave C. The current selloff remains technically corrective and is approaching a strong confluence support area between the 0.5–0.618 retracements, aligned with long-term channel support.
Structure suggests late-stage correction, not trend failure.
A completed Wave C would open the door for a new primary impulsive cycle.
Key Takeaways:
• Macro trend remains structurally intact
• Current price action appears to be late-stage corrective behavior
• No bullish confirmation yet — but downside risk is approaching exhaustion levels
• Patience is required until Wave C completes and structure confirms
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Parallel Channel
Double Bottom Reversal and Channel breakoutSNOW has been correcting in a bearish channel since November 2025.
It has recently made a double bottom reversal near 118 and broken out and tested the descending channel.
I would expect it to break the resistance of 157 and go long. It needs to break another resistance at 184 to hit the target 193 for now. Will revaluate as it goes.
Should not fall below 130 (SL)
VEDL Near a High-Probability Support Zone – Is the Next Rally LoThe stock remains in a well-established long-term uptrend, trading within a defined ascending channel. Following a strong rally, the recent price correction appears to be a healthy retracement rather than a change in the prevailing trend.
The 295–300 zone represents a critical short-term support area, coinciding with the rising trendline and acting as a key level to monitor for potential buying interest. A sustained hold above this range could support the continuation of the broader upward movement.
From a medium-term perspective, the 260–270 zone serves as a major structural support area. As long as the stock remains above this level, the overall bullish outlook remains intact.
Upside objectives are placed near 344 and 370, while the current trend structure continues to favor buyers above the identified support zones.
Conclusion
The ongoing pullback should be viewed within the context of a broader uptrend. Market participants may closely watch the 295–300 support region for signs of stabilization, as a positive price reaction from this area could pave the way for the next leg of the upward move.
Thank you !!
GBPUSD to retest 12-month long Support zone?Broadly price is moving in a sideways direction, consolidating between the resistance zone at the level around 1.3652 & the support zone which is at the level around 1.3175.
Price is moving downward after retesting the Resistance zone, in a declining channel, respecting the lower and upper boundaries of the channel multiple times as marked by Green and red arrows.
Most Recent rejection from the upper boundary of the channel as marked by yellow arrow, has led us to think of the move that can lead the price till the confluence of lower boundary of the channel & Support zone.
Emergence of a symmetric Triangle acting as a consolidation formation before breaking in the downward direction, validate our outlook!
To capture this expected decline we can plan for a short trade
High risk short entry @ 1.3402
Low risk entry @ 1.3363
Stop loss around 1.3488
For the target of 1.3200
Strict Risk management should be applied and Position should be sized according to individuals risk appetite.
For Educational Purposes only, Not an Investment Advice
Preparation and script for the Nasdaq 100 H1 cash sessionOn the H1 timeframe, the price has been moving within a downtrend channel from the all-time high to the present (with a brief upward breakout yesterday, but it quickly returned to the channel overnight, which is bad news for the bulls)
Bulls: will definitely want to hold the current lows and bounce back up toward resistance—the green lines on the chart indicate the range of movement.
Bears: will try to push the price down to the lower side of the channel; the red lines indicate the range of movement, and support levels are marked horizontally.
BITCOIN - A pullback before a drop to 60K, or perhaps even lowerBINANCE:BTCUSDT is moving toward 59,800 — the key support zone. However, after retesting a local level, the market is forming a correction against the broader trend
The market remains in panic mode and is testing the 60K area. Dynamic buyers have yet to appear, while fear continues to intensify. A move below 60K could trigger a cascade of liquidations, as many institutional hedging strategies are concentrated around this level.
There is currently no fundamental support for the market, while a series of weak news catalysts has fueled aggressive selling. Large funds continue transferring Bitcoin to exchanges.
Technically, the primary area of interest remains 59,800–53,300. Before reaching this target zone, Bitcoin may enter a local corrective phase
Resistance levels: 64,000, 64,740, 65,360
Support levels: 61,350, 59,800
A long squeeze from local support is driving the current correction. Technically, this is not buying pressure but rather a reaction to profit-taking. The market has entered a liquidity-hunting phase ahead of a potential continuation lower. Key triggers (areas of interest) are located at 63,955 and 65,360. A short squeeze could trigger the next leg down.
Best regards, R. Linda
GOLD - The bearish trend may continue...ICMARKETS:XAUUSD has entered a corrective phase after printing a new local low. Against the backdrop of a strong U.S. dollar, the bearish trend in gold may continue...
Gold has received temporary relief from ceasefire-related headlines, but pressure from the dollar and hawkish Fed expectations remains intact. The key event ahead is Friday’s Non-Farm Payrolls (NFP) report. Geopolitical developments continue to play a decisive role.
Technically, within both the global and local downtrend, gold is consolidating inside the 4425–4550 range. Due to the uncertainty factor, the market has entered a corrective phase and a liquidity-hunting stage, during which it may test either 4496 or 4540 before resuming its decline.
Resistance levels: 4496, 4540, 4589
Support levels: 4456, 4425, 4400
The U.S. dollar remains in stagnation (consolidation) within a bullish trend. The geopolitical backdrop continues to support the dollar and weigh on gold, which is currently in a corrective phase. A short squeeze at 4496 could trigger a decline toward 4425–4400. Additionally, if the market fails to react at 4496, gold may test 4540 before moving lower.
Best regards, R. Linda
BTC heading sub 50K levels ?Declining channel is intact since October 2025, and price is respecting its boundaries by taking support & resistance form the lower & upper boundaries of the channel, as pointed by green and red arrow.
For the period of 4 months price consolidated near its support level of 62,300 and had showed multiple bounces in the upper direction, which couldn't sustain, now price is at an crucial point where, it's threatening the long standing support level so 60,000.
It 60k is out then consider a quick down-move, following to that subsequent bearish moves can test the levels below 50,000 as per the structure of channel intact.
Strict Risk management should be applied and Position should be sized according to individuals risk appetite.
For Educational Purposes only, Not an Investment Advice
#RENDERBTC #3D (Binance) Descending channel break retest [LONG]Render Network pulled back to 50MA regain support, looks like it's heading towards 200MA resistance next.
⚡️⚡️ #RENDER/BTC ⚡️⚡️
Exchanges: Binance
Signal Type: Regular (Long)
Amount: 4.2%
Entry Targets:
1) 0.00002288
Take-Profit Targets:
1) 0.00003928
Stop Targets:
1) 0.00001741
Published By: @Zblaba
CRYPTOCAP:RENDER BINANCE:RENDERBTC #3D #RenderNetwork #AI #DePIN #Web3 rendernetwork.com
Risk/Reward= 1:3.0
Expected Profit= +71.7%
Possible Loss= -23.9%
Estimated Duration= 3-4 months
Breakout from Parallel Channel done.QUICE Analysis
Closed at 27.51 (19-05-2026)
Breakout from Parallel Channel done.
Then sideways consolidation; Double bottom around 20 done.
Printed HH around 30 & Higher Low around 25 - 26.
Chances to continue the momentum and print HH HL if it
crosses 30 - 31 with Good Volumes.
33 - 35 is the Next Reachable level if previous HH is crossed.
J&KBANK Bullish above ₹144.J&KBANK is exhibiting a clean trend-continuation breakout on the daily timeframe. The stock has cleared the prior ceiling near ₹144, and price is now attempting to establish acceptance in the ₹148–150 zone, which is exactly where a market should trade if the breakout is genuine.
From a chart-structure perspective, this is no longer a recovery stock; it has shifted into a momentum phase. The sequence of higher lows into the breakout suggests institutional accumulation rather than random retail-driven spikes. That is important because continuation setups tend to work best when price compresses under resistance and then expands with conviction.
For a swing trader, the key reference is now the breakout base around ₹144. As long as the stock holds above that level on a closing basis, the trend remains constructive. A decisive close below ₹144 would tell you the breakout has failed and the stock is likely reverting back into a consolidation phase.
The near-term upside is open toward ₹152–155, followed by ₹158–160 if volume sustains and the broader market remains supportive. However, because price has already moved sharply, the risk-reward becomes less attractive if you chase it blindly at current levels. The better approach is either a controlled pullback entry near the breakout zone or a confirmed close above the recent high with follow-through.
In professional terms, this is a bullish breakout setup with trend confirmation pending. The chart is strong, but the trade is not complete until price proves it can hold above the new support zone and continue building value above resistance.
Your swing framework can be summarized like this:
Bias: Bullish above ₹144.
Entry: Breakout continuation above ₹148.5–149 or pullback near ₹144–145.
Stop-loss: Below ₹141.5 for tighter risk, or below ₹144 for structure-based risk.
Targets: ₹152–155 first, then ₹158–160.
Invalidated if: Price closes back below ₹144 with weak follow-through.
This is the kind of setup where discipline matters more than prediction. The chart is telling you the stock has strength, but the market still needs to confirm acceptance above the breakout zone.
This is not buy and sell reco, please do your research before you invest. This post is for educational purpose only.
AUDCHF: Important Breakout 🇦🇺🇨🇭
AUDCHF broke and closed above a horizontal resistance
of a consolidation range on a daily time frame.
It indicates a strong buying interest.
The price will likely continue rising and reach 0.5674 level.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
XAUUSD Short: Faces Rejection from 4,540 Resistance AreaHello traders! Here is my technical outlook based on the current XAUUSD (1H) chart structure. Previously, XAUUSD was trading inside an ascending channel before breaking below this structure after a rejection from the main pivot point. This move followed a failed breakout (fake breakout) near the descending trendline.
Currently, XAUUSD is trading below the supply zone at 4,540.00, while holding above the demand zone at 4,470.00. Recently, price broke down from a short-term range and is still being capped by the descending trendline resistance.
As long as XAUUSD remains below the 4,540.00 supply zone and continues to respect the descending trendline resistance, the bearish scenario remains valid. Further downside movement could push price toward the 4,470.00 demand zone (TP1). Manage your risk!
EURUSD: Consolidation Indicates a Potential Drop To The 1.1610Hello everyone, here is my breakdown of the current EURUSD setup.
Market Analysis
EURUSD previously traded inside a broad range before breaking lower and forming a clear descending channel, confirming growing bearish pressure. After several failed attempts to regain bullish momentum, price continued respecting the channel structure.
Currently, EURUSD is trading inside a consolidation range between the 1.1610 Support Zone and the 1.1660 Resistance Zone. A recent breakout above the range failed to hold, creating a fake breakout near resistance and signaling that sellers remain active around the upper boundary.
My Scenario & Strategy
My scenario: as long as EURUSD remains below the 1.1660 resistance zone and continues to respect the descending channel structure, the bearish bias remains valid. A rejection from current levels could push price back toward the 1.1610 support zone (TP1).
However, a confirmed breakout above resistance would weaken the bearish outlook and open the door for a broader recovery.
That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
GBPUSD - bearish U-pattern relative to resistance FX:GBPUSD remains in a corrective phase, but after encountering resistance at 1.3485, the pair is breaking its local structure and preparing for a potential decline
Based on market positioning data, large players continue to maintain a bearish bias. At the same time, the growing concentration of short positions created the conditions for the short squeezes seen in late May and early June. Technically, a strong U.S. dollar, which is attempting an upward distribution move amid geopolitical tensions, is weighing on the pound. Meanwhile, GBPUSD continues to consolidate below key resistance, opening the door for a move toward support zones
Resistance levels: 1.3485, 1.3412
Support levels: 1.3375, 1.3305
GBPUSD tested the 1.3485 resistance level and formed a U-shaped pattern below it, signaling buyer weakness against the backdrop of a strong U.S. Dollar Index. The structure is breaking down, and the market may continue lower following consolidation below 1.3485. The primary areas of interest remain 1.3375–1.3305.
Best regards, R. Linda
Bitcoin Analysis - Next Stop 67,600 After Major BreakdownHello traders! Here’s my technical outlook on BTCUSDT (4H) based on the current chart structure. BTC previously recovered from a major Buyer Zone near 67,600 after breaking out of a descending channel. The recovery evolved into a strong bullish trend, supported by an ascending channel that carried price toward a major swing high around 82,000. After reaching that pivot area, bullish momentum faded and BTC reversed lower. Currently, BTC has broken below both the channel support and the 72,000 Seller Zone, confirming renewed bearish pressure. The former support area is now acting as resistance. As long as BTC remains below 72,000, the bearish outlook stays valid. A continuation lower could send price toward the 67,600 Buyer Zone (TP1), which is the next key demand area. Please share this idea with your friends and click “Boost” 🚀
BITCOIN Currently looking VERY similar to 2013 PA and the DANGER
I posted this chart some time ago, discussing the idea that Bitcoin has entered a New cycle and had already entered the New "Cuo" pattern.
The idea also discussed the The Long Term channel that Bitcoin PA has been in somve 2017, only leaving this channel to reach higher to ATH.
The chart below reminds you of this channel and the Cycle "Cups"
On the Far left is the 2013 ATH and what happened after.
Lets zoom in
Here we can see how PA was UNDER the Cup, Resistance, till it reached the Lower trend line of channel. It Ranged there for 56 days. This was actualy the creation of the Channel..the Anchors if you like....
It bounced a little, got rejected, Hit trend line, bounced stronger, broke through and into the Cup, got rejected again, settled on Trend line but 266 days after ATH, PA Fell trough the Lower line of channel and fell back on to the Cuo, where it remained until 2017.
Also take note how ATH in 2013 was still in Channel.
Lets have a look at Current PA
So, what similarities do we have to 2013?
First of all, the Current ATH is also still in Channel. Infact, the 2013 and 2025 ATH's are the ONLY ATH's in Channel.
Since reaching lower trend line, PA ranged 49 days. ( 56 in 2013)
I have 2 versions of the "Cup" because, as yet, neither have been confirmed.
But if we look to the Fainter of the 2, the similarities with 2013 are scary. PA runs down under Cup till it reaches Trend line, Bounces ,Gets rejected, Bounces Stronger off trend line, breaks into Cup, gets rejected and returns to Lower line of channel.
EXACTLY the same..
In 2013, PA fell under the Channel line 266 days After ATH, Currently, that takes us t around 29 June, though I think things are happening Quicker and so, IF we are going to follow that 2013 pattern, we could Fall through anytime soon
But I did say IF...................
The Daily version of this chart with Candles
We can see PA Fell trough the first 2 lines of support and is currently bouncing off the Last line of defence before a sharper drop down to around 64K then 61K
Should they fail, and PA wants to follow 2013, the Cuo sits around the 50K mark
I have been VERY Bullish and I remain that way and so, I am thinking that PA will remain in channel on a Weekly chart with possible Wicks lower..
HOWEVER, the similarities with 2013 are very close and so I will take some precautions and be ready for a possible sustained Visit below channel.
The Danger of dropping out of channel is the FEAR that will arrive, the selling off of BTC ETF's and Stratagy etc.....it would certainly unsettle many , though I will continue Buying as much as I can Get.............
If we do drop out of channel, We could see the creation of a New one happening, as we saw in 2013 and THAT could lead to some very exciting things........
So as ever, we Wait............
And lastly, That Arrow pointing to the 2022 bounce.
Please ignore it, I forgot to remove it....Apologies.
GOLD - The hunt for liquidity ahead of the fall ICMARKETS:XAUUSD remains trapped within the 4450–4590 trading range. A long squeeze from support is triggering a rebound toward the liquidity zone or the range resistance. The primary trend remains bearish...
The U.S. dollar remains bullish due to geopolitical uncertainty. The index is consolidating above 99.0 and is positioned to move higher if tensions escalate. Oil also continues to show strength, which collectively creates pressure on the gold market, as gold remains in both a local and global bearish trend. Gold is stuck inside a range. The nearest catalysts are Middle East developments, today's JOLTS job openings data, and Friday’s Non-Farm Payrolls (NFP) report.
Drivers:
Upward: Progress in U.S.–Iran negotiations, de-escalation in Lebanon, a weaker dollar, weak U.S. labor market data.
Downward: Breakdown of negotiations, escalation, rising oil prices, hawkish Fed rhetoric, a stronger dollar
Resistance levels: 4540–4546, 4589
Support levels: 4510, 4462, 4450
Gold is approaching the liquidity zone quite aggressively. Technically, this may represent a liquidity grab before a further decline. Against the backdrop of both the local and global bearish trend, short positions remain the preferred bias. A short squeeze at 4540 (4546) could trigger a move down toward 4450. However, it cannot be ruled out that the market may test the current range resistance due to liquidity resting above 4589 before resuming its decline.
Best regards, R. Linda






















