GBPCAD - Massive Resistance Intersection!GBPCAD remains overall bearish, trading within the large descending channel marked in blue. 🔵
Currently, price is retesting the intersection of two important bearish confluences: the upper bound of the blue channel and the upper boundary of the red wedge pattern. This creates a strong overbought area and a significant non-horizontal resistance zone. ⚠️
As long as this intersection holds, we will be looking for trend-following shorts, expecting the bears to maintain control and push price lower within the broader bearish structure. 📊
A bearish rejection from this zone would further strengthen the case for another downward impulse.
Will the bears defend this confluence zone once again? 🤔
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Bearish Patterns
Silver: Wave D Selloff Signals Further Downside PotentialSilver is declining precisely from our highlighted resistance zone between 85 and 90 (yellow box), where a sharp and impulsive selloff has emerged. The strength and structure of this decline suggest that further weakness may lie ahead.
We view this move as part of Wave D, which is expected to unfold in a three-wave pattern. As such, additional downside remains likely, potentially targeting the previous subwave B swing lows and the support region between 67 and 72.
Overall, the market may continue to trade within this larger-degree triangle formation, as wave E could still be missing, but the current price action confirms that the decline from the February highs is far from complete. Bears could maintain control and push prices lower later this year, with major support near the 50 level.
CAD/JPY SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
We are going short on the CAD/JPY with the target of 114.990 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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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GBP/NZD SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
We are now examining the GBP/NZD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 2.240 level.
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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USDCHF – Bearish Pressure Building at Resistance?USDCHF is approaching a strong confluence zone where the upper bound of its falling wedge pattern intersects with a major resistance zone marked in red. 🔴
This area has already proven its importance multiple times in the past, making it a key decision point for the pair.
As long as this resistance intersection holds, we will be looking for shorts, anticipating another bearish leg lower within the overall corrective structure. 📊
The falling wedge remains intact for now, and sellers continue to defend the upper boundary of the pattern.
A clear rejection from this zone could provide the trigger for the next bearish impulse. ⚡
Will the bears defend resistance once again? 🤔
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
EUR/JPY BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
The BB upper band is nearby so EUR-JPY is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 185.348.
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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01/06/26 Weekly OutlookLast weeks high: $78,080.00
Last weeks low: $72,512.49
Midpoint: $75,296.25
Last week was a clean distribution week. Price opened near the weekly high (~$78,080), spent the early week grinding down through the midpoint ($75,296), and printing a triple low to mark the bottom for the week after a large capitulation candle through the 0.25 line.
Critically, the candles we're seeing at the weekly low are not showing a convincing base. There's no wide spread reversal bar, no absorption of supply. Price arrived at the low with momentum still pointing down.
May closed with $2.43 billion in net Bitcoin ETF outflows — the largest monthly outflow of 2026, and the last week alone saw $1.42 billion exit, marking three consecutive weeks of over $1 billion in withdrawals.
The ongoing US-Iran conflict and a higher-than-expected CPI print of 3.8% YoY have sharply reduced Fed rate cut odds, with market pricing now showing a 67% probability of no rate cuts in 2026 at all. That's a brutal environment for Bitcoin, which tends to thrive on easy liquidity.
Bitcoin needs to reclaim 0.25 ($73,869) on a 3-day close to neutralize the bearish setup. A reclaim opens the path to midpoint and then weekly high. Failure to reclaim $73,869 puts the lower channel trendline at $70,342 in play.
The bear case involves a weekly close below the current low ($72,512) and a grind toward $70K. The bull case requires a swift reclaim of $73,904 and a hold there. ETF flow data or geopolitical de-escalation (Iran ceasefire progress) as the catalyst. Until one of those happens, the path of least resistance remains down.
AUDJPY – Overbought at Major Resistance?AUDJPY remains overall bullish, but it is now retesting a strong confluence zone where multiple bearish factors align ⚠️
Price is currently testing the intersection of the resistance zone marked in red and the upper bound of its rising channel, creating what I consider a strong overbought area.
As long as this intersection holds, we will be looking for shorts 📊
A bearish rejection from this zone could trigger a healthy correction toward the middle or lower bounds of the channel before the next major move develops.
Until a confirmed breakout above this resistance cluster occurs, the risk-to-reward favors waiting for bearish setups rather than chasing the rally. 🔍
Will the bears finally force a correction from this overbought zone? 🤔
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
NG1! SENDS CLEAR BEARISH SIGNALS|SHORT
NG1! SIGNAL
Trade Direction: short
Entry Level: 3.273
Target Level: 3.024
Stop Loss: 3.439
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 7h
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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AUD/CHF BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
AUD-CHF uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.558 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the AUD/CHF pair.
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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EURUSD Bearish on Strong USD and Rising Oil Prices!Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around the 1.17300 zone. EURUSD is trading in a downtrend and currently is in a correction phase, with price approaching the trendline resistance around the 1.17300 support and resistance area.
From the macro side, the US Dollar remains supported as renewed geopolitical tensions in the Middle East continue to reinforce demand for safe-haven assets. Following fresh strikes and retaliatory actions involving Iran, markets have shifted back into a defensive tone, supporting USD strength while increasing inflation concerns through higher energy prices.
At the same time, rising oil prices are reviving higher-for-longer rate expectations, keeping Treasury yields elevated and reinforcing bullish momentum in the dollar. This combination continues to pressure EURUSD, especially as the Euro remains vulnerable to slowing growth sentiment and energy-related risks.
With EURUSD correcting into a key resistance zone within a broader bearish structure, rallies continue to look attractive for sellers. As long as price remains below the 1.17300 resistance zone, the bearish trend remains intact, and we anticipate continuation toward lower support levels.
Trade safe, Joe.
US30 SELLERS WILL DOMINATE THE MARKET|SHORT
US30SIGNAL
Trade Direction: short
Entry Level: 50,977.5
Target Level: 50,300.8
Stop Loss: 51,427.3
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 9h
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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NZD/CAD BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
NZD/CAD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 1H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 0.821 area.
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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USD/JPY BEST PLACE TO SELL FROM|SHORT
USD/JPY SIGNAL
Trade Direction: short
Entry Level: 159.485
Target Level: 159.257
Stop Loss: 159.636
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1h
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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USD/CHF BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
Previous week’s green candle means that for us the USD/CHF pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 0.784.
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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EUR/CHF BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
The BB upper band is nearby so EUR-CHF is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 0.912.
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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NZDUSD Breakout and Potential Retrace!Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.59800 zone, NZDUSD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.59800 support and resistance area.
Trade safe, Joe.
EURUSD Breakout and Potential Retrace!Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.16700 zone, EURUSD was trading in an uptrend and currently is in a correction phase in which it is approaching the retrace area at 1.16700 support and resistance area.
Trade safe, Joe.
CHF/JPY BEARS ARE STRONG HERE|SHORT
Hello, Friends!
We are going short on the CHF/JPY with the target of 202.692 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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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BITCOIN SHORT FROM RESISTANCE
BITCOIN SIGNAL
Trade Direction: short
Entry Level: 73,647.40
Target Level: 72,728.54
Stop Loss: 74,253.17
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
GBPNZD – Bears Defending the Upper Bound?GBPNZD has been overall bearish, trading within the falling wedge pattern marked in red 🔴
Currently, price is retesting the intersection of the upper bound of the wedge and the resistance zone marked in red, creating a strong confluence area for the bears.
As long as this intersection holds, we will be looking for shorts 📊
A bearish rejection from this zone could trigger the next impulsive movement lower, in line with the overall bearish trend.
However, a confirmed breakout above the wedge would be the first signal that the bearish pressure is fading. ⚠️
Will the bears defend this resistance once again? 🤔
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
WLFI Price Bearish Structure Continues World Liberty Financial (WLFI) continues to display a clear bearish market structure on the daily timeframe, with price action consistently forming lower highs and lower lows. This ongoing trend confirms that sellers remain in control, while bullish momentum continues to weaken across the broader structure. Recent attempts at recovery have struggled to sustain momentum, reinforcing the overall downtrend currently visible on the chart.
One notable development is the reclaim of a key daily support region following a swing failure pattern (SFP), which briefly pushed price below support before reversing back above it. While this reclaim provided short-term relief and created a temporary reaction from buyers, the broader bearish structure remains intact. The Value Area Above also sits overhead within the current trading range, creating additional resistance pressure that could limit upside continuation if buyers fail to regain stronger positioning.
Price is currently trading beneath the Point of Control (POC), which remains a critical level for directional bias. As long as WLFI remains below this region, the probability favors continuation of the existing downtrend and the establishment of another lower high before further downside expansion occurs.
From a higher timeframe perspective, the chart remains bearish until market structure is decisively broken and buyers reclaim key resistance levels with strong momentum confirmation.






















