EURUSD Wave Analysis – 20 July 2026
- EURUSD reversed from resistance level 1.1465
- Likely to fall to support level 1.1370
EURUSD currency pair recently reversed from the resistance level 1.1465 (top of earlier wave a) intersecting with the 50% Fibonacci correction of the downward impulse from June.
The downer reversal from the resistance level 1.1465 (also strengthened by the upper daily Bollinger band) started the active impulse wave iii.
Given the clear daily downtrend, EURUSD currency pair can be expected to fall further to the next support level 1.1370 (low of earlier wave b).
Fibonacci
XAUUSD: Bearish Structure – Multiple Selling Opportunities AheadMarket Structure Overview:
Gold remains in a clear downtrend on the higher timeframes. We are seeing consistent lower highs and lower lows, with sellers dominating the price action.
Key Selling Zones: Immediate Selling Zone: 4350 – 4370
Strong Bearish Order Block in the current downtrend. High probability for short entries with good risk-reward.
Break & Sell Setup: 3945 – 3950
If price breaks the bullish trendline, this level becomes a strong retest area for aggressive shorts.
Long-Term Buying Zone (Counter-Trend):
3430 – 3470
Fibonacci Extension Zone – Major demand area for potential long-term reversal or deep pullback bounce.
Trade Plan Summary: Focus on shorts from 4350-4370 with trend alignment
Watch for trendline break to add more short positions at 3945-3950
Keep 3430-3470 on watchlist for long-term buying opportunity
Bias: Bearish (with clear counter-trend level at lower Fib zone)
This is not financial advice. Always manage your risk properly and confirm with your own analysis.
$BONK - Long Trade IdeaAfter weeks of bleeding lower, BINANCE:BONKUSDT is finally showing signs of life. Buyers are stepping in with increasing volume while price reclaims local support, making this an interesting spot for a relief rally if momentum continues.
I'm looking for continuation into the next supply zones as long as the recent low holds.
It's looking good here with volume kicking in.
Longing here at .0030–.0028s
Stop: Just below the recent low.
Targets:
TP1: .0035–.0037
TP2: .0039–.0042
TP3: .0045–.0047
BearQ: 1. Is price expanding , pulling back or consolidating ?
2. Who is Control ? Bears or Bulls .
3.Where are the obvious highs and low's?
4. Where is price drawing towrds ?
5. Is the market continuing or preparing to shift ?
6.Is price at premium for a sell , or discount for a buy ?
7. Did price bounce off any fib levels ?
8. Did you check the Fair Vaule Gaps ?
A:1. Expanding
2. Overall Bulls But market is in a retracement
3. High = 219.617
Low= 216.425
4. 218.512
5. preparing to shift
6. Premium
7. its playing around 78.6 fib
8. yes
XAUUSD — Can 4,030 Stop Gold Again?Gold is trying to recover, but the chart is still not showing a clean bullish shift yet.
Price is trading around 4,010 after bouncing from the lower area, but the bigger structure remains inside a descending channel.
This is why I do not want to chase the bounce too early.
A bounce can look strong.
But if it happens below resistance, it can also become a trap.
The simple read
Gold is now approaching the 4,030 area.
This zone is important because it is the OB sell scalping area and also lines up with the current Fibonacci reaction structure.
If gold cannot break and hold above 4,030, sellers may still have control.
The first support to watch is 4,002.
If 4,002 breaks, price may continue toward 3,970.
And if 3,970 fails, the deeper target on the chart is 3,909.
The stronger resistance remains higher at 4,081.
So for me, 4,030 is the first test.
4,081 is the bigger test.
Key price zones
Current price area: 4,005 - 4,015
First reaction zone: 4,002
OB sell scalping zone: 4,030
Short-term resistance: 4,081
OB buy scalping / support zone: 3,970
Fibo extension target: 3,909
Bearish pressure weakens above: 4,030
Recovery becomes stronger above: 4,081
Trading plan
📉 If gold rejects from 4,030
The bounce may fail.
Sellers may try to push price back toward 4,002.
If 4,002 breaks, 3,970 becomes the next important support.
Below 3,970, the chart opens space toward 3,909.
I prefer waiting for rejection confirmation instead of selling blindly.
📈 If gold breaks above 4,030
A short-term recovery may continue.
The next upside area to watch is 4,081.
But this is still not a full bullish reversal unless gold can break and hold above 4,081 with strength.
No clean hold above 4,030 = no strong buy view.
📈 If gold pulls back to 3,970
This becomes the key support reaction zone.
A clean bullish reaction from 3,970 may create another recovery attempt.
But if 3,970 breaks clearly, I will watch 3,909 as the deeper reaction zone.
No reaction from support = no buy.
Tiara’s View
The market is giving a bounce, but not yet a full confirmation.
For today, the cleanest question is simple:
Can buyers push gold above 4,030?
If yes, the recovery may continue toward 4,081.
If no, the bounce may turn into another lower high inside the descending channel.
Main view:
Gold remains cautious below 4,030.
4,030 is the first resistance test.
4,002 and 3,970 are the nearest support zones.
3,909 is the deeper downside target if sellers keep control.
Reaction first.
Confirmation second.
Trade last.
No confirmation = no trade.
Do you think gold can break 4,030, or will sellers defend this zone again?
XAUUSD: Wave 5 Downside Remains Active
Gold is still trading under short-term bearish pressure after failing to hold above the recovery trendline. From Kelly’s view, the current structure suggests that price may be preparing for another downside continuation, with wave 5 still open towards the lower Fibonacci target zones.
The key idea is simple: gold may retest resistance first, but the bearish structure remains valid while price stays below the sell zone.
⟡ Market structure
The chart shows gold attempted to recover from the lower area, but the rebound lost strength near the 4,020–4,030 region. Price is now trading around 4,004 and reacting below the broken uptrend line.
This is important because the trendline that previously supported the recovery is now acting as a retest area. If gold cannot reclaim this line with strength, the current bounce may only be a correction before the next bearish leg continues.
The nearest sell-test area is around 4,005–4,012, while the stronger sell zone wave 4 sits near 4,020–4,030. As long as these zones hold, sellers still have the technical advantage.
➤ Key levels
◌ 4,005–4,012: sell-test trendline zone
◌ 4,020–4,030: sell zone wave 4 and main resistance
◌ 4,004: current price reaction area
◌ 3,982: first buy scalping reaction level
◌ 3,959: next support checkpoint
◌ 3,938–3,945: Fibonacci 1.618 target area
◌ 3,855–3,865: possible wave 5 completion zone
◌ Above 4,030: area where the bearish setup starts to weaken
⌁ Elliott Wave view
From an Elliott Wave perspective, gold appears to be developing the final part of a bearish 5-wave sequence.
Wave 1 started the downside move after the recovery failed.
Wave 2 created a short rebound but could not break the structure.
Wave 3 pushed price lower with stronger selling pressure.
Wave 4 is now likely forming as a retest into the trendline and sell zone.
If this resistance holds, wave 5 may continue towards 3,938–3,945 first, then 3,855–3,865 if momentum expands.
This is why Kelly would not treat the current bounce as a bullish reversal yet. The market is still below the key resistance and the Elliott structure still supports one more downside leg.
▸ Trading scenario
Preferred scenario: wait for price to retest the sell-test trendline or the sell zone wave 4 and show bearish confirmation.
Sell zone: 4,005–4,030 if rejection appears
Stop loss: above the confirmed rejection high or above 4,030
Take profit 1: 3,982
Take profit 2: 3,959
Take profit 3: 3,938–3,945
Take profit 4: 3,855–3,865 if wave 5 extends strongly
Alternative scenario: if gold breaks above 4,030 and holds with strong acceptance, the bearish wave 5 setup weakens. In that case, price may move into a larger corrective recovery before the next direction becomes clear.
⌁ Kelly’s view
For Kelly, this is still a sell-the-retest structure. Gold has not fully reversed yet, and the current reaction is happening under the broken trendline and wave 4 resistance.
The cleaner plan is to wait for confirmation near resistance, not chase price while it is already close to support.
Gold remains vulnerable below the sell zone.
If sellers defend 4,005–4,030, wave 5 may continue towards the Fibonacci targets below.
Share your view below.
US 100 - Bubble Fears Are Back Driving SentimentA sell off in previously high-flying chip stocks was a key reason why the US 100 index dropped 3.9% last week from opening levels at 29800 on Monday down to a close of 28566 on Friday. Sentiment has turned down at the start of July as fears of an AI bubble resurface once more, repeating a pattern of risk on then off again that has been witnessed by traders in this very popular area of financial markets since the middle of last year.
Looking forward, the huge capital expenditure being committed to artificial intelligence by several of the world biggest companies and whether it’s generating commensurate revenue returns is once again being questioned just days before Tesla and Alphabet report their latest earnings on Wednesday (after close), and 10 days before Microsoft, Meta and Amazon provide their next updates. These stocks carry a large index weighting meaning their actual results, future revenue growth predictions and capital expenditure forecasts could contribute to outsized directional moves in the US 100 across this crucial two week period into the end of July.
The technical outlook is potentially flagging an interesting dynamic that may also be worth monitoring.
Technical Update: Downside Focus Potentially Shifting to Last Low at 28206
Since posting the all‑time high at 30776 on June 3rd, the US 100 index has traced out a period of choppy sideways activity, as a decision‑making process appears to have formed between buyers and sellers. The lower limits of this sideways pattern could be marked by 28206, the June 9th low, which has held throughout the recent consolidation pattern.
However, as the chart above shows, price weakness is currently emerging after a failure to breach previous session highs on a closing basis. This price action has created a series of lower highs, which could leave traders wondering if this type of price activity is an indication of negative sentiment emerging.
Within this backdrop, being aware of potential key support and resistance levels may prove useful to establish where the next directional risks could lie this week as the key risk events play out.
Potential Support Levels:
In technical analysis, if there is a suspicion of potentially negative weak tests of previous price highs, it is often the last correction low of the previous uptrend that becomes the key support focus for traders, as closing breaks below this level can lead to further price weakness.
In the case of the US 100 index, this dynamic could bring 28206, the June 9th downside extreme into play as this level may represent the last correction low and therefore may be the first key support focus for the coming week.
While not a guarantee of continued price declines, closing breaks below 28206 could open the way for further downside momentum to emerge. Such moves, if seen, could suggest scope toward 27696, which is the 38.2% retracement, possibly then the deeper 50% level at 26753.
Potential Resistance Levels:
Of course, the support at the 28206 low is currently still intact, and while this remains the case, it’s possible the choppy sideways range can extend further. If this is the case, closing breaks back above 29239, which is equal to the 38.2% Fibonacci retracement of the latest decline, may be required to open potential for a push to higher levels.
Closing breaks above 29239 could be viewed as an indication of upside re‑emerging. If this is the case, risks may shift toward further price strength to test the next resistance at 29434, the current level of the Bollinger mid‑average, and if this is also breached, on toward 29791, the higher 61.8% retracement level.
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MASON XAUUSD – Key Support And Resistance Setup
XAUUSD is trading around 4,010 after recovering from the lower support area, but price is still moving below the main descending trendline. The short-term reaction shows buyers are defending the support zone, but the broader structure still needs confirmation before a stronger bullish move can be trusted.
The priority plan is to trade from strong support and resistance zones, with sell pressure still favoured if gold rejects from the upper Fibonacci resistance areas.
Technical View
Gold is currently trading below the descending trendline, which means the market is still under short-term bearish pressure. Even though price has reacted from the lower area, the recovery remains corrective while gold stays below the trendline and key resistance zones.
The 3,991–3,997 area is the main buy zone on the chart. This zone aligns with the Fibonacci 50 reaction area and sits above the 3,982 support. If gold pulls back into this area and holds, a short-term bullish reaction may appear.
However, the upside still has two important resistance zones. The first one is the 4,051–4,055 sell scalping FVG zone. This area may create the first bearish reaction if price recovers from the buy zone.
The stronger resistance is around 4,078–4,085, marked as the sell zone and Fibonacci 50 area. This zone is important because it aligns with the previous structure, Fibonacci resistance, and the descending trendline region. If gold reaches this zone and rejects, it may confirm another lower high before price turns down again.
The 3,982 level is the key support. If gold loses this level, the bullish reaction becomes weak, and price may move back toward the stronger support range around 3,960–3,970.
Key Zones
Current price: 4,010
Main buy zone: 3,991–3,997
Key support: 3,982
Strong support: 3,960–3,970
Sell scalping FVG zone: 4,051–4,055
Major sell zone: 4,078–4,085
Descending trendline resistance: 4,055–4,085
Invalidation for sell view: above 4,085
Trading Plan
Sell Priority: 4,051–4,055
Condition: wait for bearish rejection, failed breakout above the FVG zone, or price staying below the descending trendline.
SL: above 4,085
TP1: 3,991–3,997
TP2: 3,982
TP3: 3,960–3,970
Alternative Sell Scenario
If gold pushes higher into 4,078–4,085, wait for a clear bearish rejection from this major resistance zone before looking for sell continuation. This would be the stronger resistance-based sell setup.
SL: above 4,095
TP1: 4,051–4,055
TP2: 3,991–3,997
TP3: 3,982
Buy View
Buy is possible only as a short-term reaction from the 3,991–3,997 zone or near 3,982 support. The condition is clear bullish rejection, price holding above support, and a lower-timeframe higher low formation.
Buy Zone: 3,991–3,997
SL: below 3,982
TP1: 4,051–4,055
TP2: 4,078–4,085
Final View
Overall, gold is reacting from support, but the market has not broken the descending trendline yet. The cleaner plan is to wait for price to reach the strong decision zones. A reaction from 3,991–3,997 may support a short-term buy, while rejection from 4,051–4,055 or 4,078–4,085 keeps the bearish structure active.
Will gold hold the 3,991–3,997 support zone and recover, or reject from resistance and return toward 3,982?
BTC/USDT (1D): Testing Resistance | SuperTrend & 200 EMAIn this daily analysis of Bitcoin (BTC/USDT), we take a look at the current price action relative to key trend indicators and key resistance zones.
Key Technical Factors:
SuperTrend Indicator:
The SuperTrend flipped bearish in late May/early June after the strong drop from the $70k+ levels. The red trailing stop level currently sits around $66,000, acting as immediate dynamic resistance.
Order Book Volume Ratio (OB Volume):
At the current level, sell volume dominance is showing around 89% vs. 13% buy volume, highlighting significant selling pressure right near this dynamic SuperTrend resistance.
Recovery Zone (70k – 73k):
If BTC manages to break and hold above the current red SuperTrend line (~$66,000), the next major target area lies within the Recovery Zone ($70,000 – $73,000), which corresponds to the base of the previous major breakdown.
200 EMA:
The 200-day Exponential Moving Average is currently sloping downward above the price, adding a layer of long-term dynamic resistance above the 73k mark.
Scenario Breakdown:
Bearish / Rejection Scenario:
As long as price remains capped under the $66,000 SuperTrend line and heavy selling volume persists, a rejection back toward local support levels ($60,000 – $58,000) remains a strong possibility.
Bullish Confirmation:
A daily candle close above $66,000 would invalidate the short-term bearish SuperTrend and open up a potential move toward the $70,000 – $73,000 Recovery Zone.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always manage your risk according to your trading strategy.
Bear Build Narrative + trend direction
1. Is the market bullish , bearish or ranging ?
2. Where is price relative to key , supply or demand ?
3. Is price in premium or discount ?
4. What liquidity is nearby ?
5. Are we approaching and order block, fair value gap or major zone ?
1. Bullish - Ranging , Retracing at the moment
2. Supply - Supply
3. Premium
4.
5. Major Zone
NQ Power Range Report with FIB Ext - 7/20/2026 SessionCME_MINI:NQU2026
- PR High: 28851.00
- PR Low: 28709.75
- NZ Spread: 315.5
No key scheduled economic events
Session Open Stats (As of 12:15 AM)
- Session Open ATR: 676.90
- Volume: 53K
- Open Int: 288K
- Trend Grade: Short
- From BA ATH: -7.1% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 31904
- Mid: 29517
- Short: 27131
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
GBPUSD 4H – Bullish Setup from Demand ZonesOn the 4H timeframe, GBPUSD is trading near key demand zones aligned with Fibonacci retracement levels. I am watching two potential long entries.
Key Demand Zones:
Demand Zone 1: 1.34260 (Aligned with 61.8% Fibonacci)
Demand Zone 2: 1.33700 – 1.33800 (Aligned with 78.6% – 86.6% Fibonacci)
Target: 1.36200
Trade Plan – Long Setup:
I am waiting for price to reach one of the demand zones. After seeing bullish confirmation on a lower timeframe, I will enter long.
Entry Zone 1: 1.34260 (after confirmation)
Entry Zone 2: 1.33700 – 1.33800 (after confirmation)
Stop Loss: Below the demand zone structure
Take Profit: 1.36200
Invalidation: Price breaks below 1.33500 with strong momentum
Pro Tips:
1. Do not chase price. Wait for price to come to demand zones.
2. Fibonacci levels add strong confluence to these demand zones.
3. Always wait for lower timeframe confirmation before entering.
4. Patience is key.
My Personal View:
I am watching 1.34260 and 1.33700 – 1.33800. If price reaches either zone and shows bullish confirmation, I will look for longs toward 1.36200. If price breaks below 1.33500, I will re-evaluate.
Not financial advice. Trade at your own risk.
Tags: GBPUSD, Forex, Bullish, DemandZone, Fibonacci, PriceAction, TradingView
Bitcoin Retests Buyer Zone Inside an Ascending ChannelHello traders! Here’s my technical outlook based on the current BTCUSDT (1H) chart structure. BTCUSDT previously formed a Rounding Bottom, signaling the end of the previous decline and the beginning of a bullish recovery. Price later entered a broad ascending channel, repeatedly reacting between the 62,300 Buyer Zone and the 64,000 Seller Zone, confirming a well-defined trading range. Currently, BTCUSDT is trading above the 62,300 Buyer Zone after pulling back from the 64,000 Seller Zone. The lower boundary of the ascending channel continues to provide support, suggesting buyers may attempt another recovery. As long as BTCUSDT remains above the 62,300 buyer zone and holds the support of the ascending channel, the bullish scenario remains valid. I expect a bounce from the 62,300 support zone to the 64,000 seller zone (TP1). Please share this idea with your friends and click "Boost" 🚀
TSLA: Opportunity or Trap?TSLA Outlook – Bullish Reversal Scenario
Tesla is currently trading within a compelling zone from both a technical and fundamental perspective. Technically, TSLA has entered the Potential Reversal Zone (PRZ) of a Bullish Butterfly pattern around the 370–381 area, a region that often marks seller exhaustion and the beginning of a trend reversal. If this setup plays out as expected, TSLA could be approaching the end of its multi-month correction and potentially begin a new bullish leg toward $490 (TP1) and $541 (TP2).
Fundamentally, the market is increasingly viewing Tesla as more than just an electric vehicle manufacturer. Investor attention has shifted toward Tesla's long-term growth engines, including Robotaxi, Cybercab, Optimus, and its AI ecosystem. The upcoming Q2 2026 earnings release on July 22, 2026, could serve as a major catalyst. Positive guidance regarding Robotaxi expansion and Optimus production timelines may significantly improve market sentiment.
Interestingly, while concerns over slowing automotive growth and downward EPS revisions have weighed on sentiment in recent months, Tesla appears to be entering a phase where its long-term narrative is being tested. Historically, some of the best investment opportunities emerge when quality companies face peak skepticism. The combination of a strong technical support zone, subdued market expectations, and several potential catalysts makes this reversal scenario particularly worth watching.
That said, no setup carries a 100% probability of success. The bullish thesis begins to weaken if TSLA fails to hold the 370–381 support area and would be considered fully invalidated on a daily close below $329.35. Proper risk management remains essential, and investors should always define their downside before focusing on potential upside.
Disclaimer: This analysis reflects a personal opinion based on a combination of technical and fundamental analysis and should not be considered financial advice or a recommendation to buy or sell any security. Always conduct your own research (DYOR – Do Your Own Research) and make investment decisions according to your own risk tolerance and financial circumstances.
Long trade
Pair: BTCUSD
Direction: 🟢 Buyside
Model: DRT Buyside Raid → FVG Reclaim → Range Expansion
Date: Fri 17th July 26
Session: London AM
Entry Time: 7:00 AM
Entry: 63,609.54
Target / Profit Level: 64,798.05
Stop: 62,571.45
Gain Target: 2.74%
Risk: 0.73%
RR: 3.47
🧠 DRT Bias
🟢 Bias: Buyside while price holds above 62,571.45
BTC has already swept down into the lower internal range and tapped the buy-side FVG / daily imbalance support area. The long idea comes from price defending that discount zone and attempting to rotate back into the next imbalance above.
🧭SNAP MAP
The weekly range created major high and major low boundaries
→ Price traded from the June low into a mid-to-premium range
→ Recent move swept lower into the 4H sell-side imbalance zone
→ Buy-side FVG / daily FVG became the support base
→ Entry at 63,609.54 is the reclaim level
→ Target is 64,798.05, sitting near the next 1H sell-side FVG / imbalance
Best management: take 64,798.05 as the first pay zone. If BTC breaks and holds above it, then 65,266–65,600 becomes the next expansion target. If price fails below 63,609.54, the setup becomes weak; if it loses 62,571.45, the long is dead.
Master Fibonacci Retracement: The Ultimate Tool for PredictingFibonacci Retracement is a powerful Price Action tool based on the Fibonacci sequence and golden ratio (1.618). It helps traders identify potential support and resistance levels during price corrections within a trend.
Key Fibonacci Retracement Levels & Their Applications
23.6% → Shallow retracement. Often seen in very strong trends. Good for early continuation entries.
38.2% → Moderate pullback. One of the most reliable levels for entries in strong trends.
50% → Psychological midpoint (not a true Fib ratio but widely watched). Strong support/resistance zone.
61.8% → The Golden Ratio – Most important retracement level. High probability of reversal or bounce.
78.6% → Deep retracement. Acts as strong support in uptrends or resistance in downtrends.
100% → Full retracement back to the starting point of the move.
How to Draw Fibonacci Retracement
Identify a strong swing move (low to high in uptrend or high to low in downtrend).
On TradingView, select the Fib Retracement tool.
Drag from the swing low to swing high (for uptrend) or high to low (for downtrend).
Watch how price reacts at the key levels.
High-Probability Trading Strategies:
In an uptrend: Buy on pullbacks to 38.2%, 50%, or 61.8% levels.
In a downtrend: Sell on rallies to 38.2%, 50%, or 61.8% levels.
Look for confluence — when Fib levels align with Order Blocks, FVGs, or previous support/resistance.
Use candle confirmation (Pin Bar, Engulfing) at these levels.
Real Examples Right:
Bitcoin ( BINANCE:BTCUSDT ): From Sep2024 to May2025.
Pro Tips for Mastery
Always draw Fibs from the most recent significant swing (higher timeframes = stronger levels).
Combine with other tools: RSI for overbought/oversold + Volume for confirmation.
In strong trends, shallower retracements (23.6%–38.2%) are common.
In ranging or weak trends, deeper levels (61.8%–78.6%) are more likely.
Never rely on Fibs alone — always wait for price action confirmation.
Add Fibonacci Retracement to your charts today and start trading pullbacks with precision!
Which Fib level do you trust the most?
Share your best Fibonacci trade in the comments below 👇
DFMREI : Is Downtrend Over ?DFM:DFMREI (Dubai Financial Markets Real Estate Index)
📉 Is the Downtrend Over? Reverse Fibonacci Suggests Another Leg Lower ⚠️
After rejecting from the 16.8k trendline resistance, the market continues to respect its broader bearish structure.
Here's what the chart is telling us:
🔹 The previous impulse moved from a 13k swing low to a 16.8k swing high, which also aligned perfectly with a major descending trendline resistance. Applying a Reverse Fibonacci Extension projected the 10.6k zone as the first major downside objective—and price respected it almost precisely during the sharp selloff triggered by the Middle East geopolitical conflict (highlighted by the black arrow).
🔹 The subsequent dead cat bounce stalled near 12.8k, a level that has repeatedly acted as both historical support and resistance, confirming it as a significant supply zone where sellers regained control.
What's Next?
Using the latest price structure:
Swing Low: 10.6k
Swing High: 12.8k
The prevailing trend remains bearish, with lower highs and lower lows still intact.
Projecting another Reverse Fibonacci 1.618 Extension identifies the 9k–8k demand zone as the next high-probability downside target (illustrated by the red path).
Adding further weight to the bearish outlook, the chart is also developing a Bearish Pennant / Bear Flag continuation pattern. If this structure confirms with a downside breakout, the measured move projects a final target around the 7.3k–7k region ( blue arrow marked )
Key Technical Confluences
✅ Reverse Fibonacci Extensions
✅ Bearish Pennant / Bear Flag Pattern
✅ Trendline Resistance Rejection
✅ Lower High–Lower Low Market Structure
✅ Historical Support & Resistance Flip
✅ Momentum Continuation Setup
My View
As long as price remains below 12.8k, rallies may continue to be selling opportunities rather than signs of a trend reversal.
A confirmed break below 10.6k could accelerate downside momentum toward the 9k–8k zone, while a completed bear flag projection opens the possibility of testing the 7k area.
What do you think? Is this simply another correction, or are we preparing for the next major leg down? Share your analysis below.
#TechnicalAnalysis #TradingView #PriceAction #ReverseFibonacci #FibonacciExtension #BearFlag #BearishPennant #ChartPattern #SupportAndResistance #TrendAnalysis #SwingTrading #MarketStructure #StockMarket #Crypto #Investing #Trading #Momentum #Breakdown #TrendFollowing #SmartMoney #VolumeAnalysis #ChartOfTheDay #TradeIdeas #MarketOutlook #Bearish
Btw, i had already shared the dead cat bounce scenario, proof below
Educational content only. Not financial advice.
DShort
XAUUSD: Weekly Supply Zone Signals More Downside?Gold remains under bearish pressure after rejecting a key weekly supply zone. Price is testing an important support area, and a weak reaction here could open the door for another leg lower.
📌 Key Observations:
* Strong rejection from the weekly supply zone.
* Market structure remains bearish.
* A confirmed break below support may accelerate selling pressure.
* Watch for confirmation before entering any trade.
Bearish outlook: If sellers stay in control, the next downside targets could be significantly lower.
BTCUSD: Strong Support Holding – Is a Bullish Reversal Next?Bitcoin is currently trading above a major weekly support zone after a strong bearish move. Price is showing signs of stabilization, and buyers may be preparing for a potential recovery.
📌 Key Observations:
* Strong weekly support zone remains intact.
* Bullish reaction from demand could trigger higher prices.
* A break above nearby resistance would strengthen the bullish outlook.
* Risk management is essential—wait for confirmation before entering.
Possible upside targets: 68K → 75K → 85K → 95K+ if bullish momentum continues.
⚠️ This is an educational market analysis based on price action and Smart Money Concepts (SMC), not financial advice. Always do your own research before trading.
Ethereum Ready for a Massive Bullish Move?ETHUSD is approaching a key bullish Order Block after confirming a Change of Character (CHoCH), suggesting a potential continuation to the upside. A successful retest of this demand zone could provide buyers with an opportunity to target higher liquidity levels.
📌 Key Levels:
* 🟦 Buy Zone: Order Block
* 🎯 Bullish Target: 2,300 – 2,400+
* ❌ Invalidation: Daily close below the order block
Always wait for confirmation before entering a trade and manage your risk carefully.
Disclaimer: This analysis is for educational purposes only and is not financial advice.






















