ETHUSDT - The Battle for a Key Support Zone BINANCE:ETHUSDT.P is showing local bullish momentum and appears stronger than Bitcoin in the current market environment. Price action is focused on the 1800–1850 zone, where buyers and sellers are competing for control
Bitcoin remains in consolidation between 61,000 and 65,000, while the broader market trend is still bearish. The lack of both fundamental and technical support continues to weigh on the crypto market as a whole.
From a technical perspective, Ethereum has broken above resistance, confirming a short-term bullish structure. During the ongoing correction, price is respecting the local trendline while testing the 1808–1848 area of interest
Resistance levels: 1848, 1946, 1966
Support levels: 1833, 1807, 1774
The key trigger remains 1848. If bulls can establish sustained consolidation above this level, it could become the technical catalyst for a move toward 1945–1966
Best regards,
R. Linda 
Long
Long
EURUSD - Retest of support at 1.143–1.140 before distribution FX:EURUSD is showing early bullish signals. The pair is breaking above the 1.1434 resistance cluster and the descending trendline, opening the door for a potential continuation higher
The latest FOMC minutes did not deliver a clear hawkish message, with markets pricing in only a 25–30% probability of a July rate hike. Meanwhile, the 1.1400 support continues to provide a solid base for a technical rebound. However, renewed geopolitical tensions in the Middle East continue to support the U.S. dollar as a safe-haven asset
The ECB is widely expected to remain on hold in July, while the Fed still retains the option of another rate hike. Technically, the U.S. dollar is showing a limited reaction to recent news and appears vulnerable to a corrective pullback, which could provide additional support for the euro following the false breakout below support and the breakout above consolidation resistance
Resistance levels: 1.1477, 1.1528
Support levels: 1.1434, 1.1400
The pair is also confirming a false breakout below the major weekly (W1) support. The prolonged battle around 1.1400 highlights persistent buying interest. Locally, EURUSD is breaking above the 1.1434 consolidation resistance and the descending corrective trendline. If bulls can hold 1.1434 as new support, the pair could extend its advance toward 1.1478 and 1.1528
Best regards,
R. Linda HYPEUSDT - Consolidation Before Further Growth BINANCE:HYPEUSDT.P is consolidating within both its local and global bullish trends. Technically, this phase appears to be a period of accumulation before a potential continuation of the uptrend
Bitcoin is currently caught between three major forces: the Fed's softer rhetoric, a reversal in ETF flows, and renewed geopolitical tensions in the Middle East. While Bitcoin remains in a countertrend correction within its broader bearish trend, HYPE continues to show relative strength. The market is forming two key trigger levels around the boundaries of the current trading range: 72.09 and 68.30
Resistance levels: 72.09, 77.00
Support levels: 68.30, 65.60
Technically, two scenarios remain in focus before the next bullish leg. The first is a retest of resistance followed by a breakout, where consolidation and a close above 72.09 could trigger further upside. Alternatively, the market may first perform a long squeeze below the 68.30 support level before resuming its upward trend
Best regards,
R. Linda 
Long
GOLD - A pullback before a potential rise to 4220 Following the breakout above the 4100 consolidation range and the recent rally, ICMARKETS:XAUUSD has entered a corrective phase. The geopolitical and fundamental backdrop remains unstable
Gold staged a strong recovery after weaker-than-expected U.S. employment data shifted Fed expectations from hawkish to more neutral. The probability of a September rate hike has fallen from 66% to around 53–55%, while the U.S. dollar has stalled and Treasury yields have declined, creating favorable conditions for a rebound after gold's sharpest quarterly drop in years.
However, with the start of the new trading week, gold has temporarily lost momentum due to renewed geopolitical developments. Market attention is now focused on headlines from the Middle East and the return of liquidity following the U.S. holiday weekend.
Key drivers:
Bearish for gold: stronger U.S. dollar, renewed geopolitical risks, profit-taking after the recent rally.
Bullish for gold: weaker U.S. dollar, progress in geopolitical negotiations, and the return of market liquidity after the U.S. holidays
Resistance levels: 4198, 4220
Support levels: 4144, 4121, 4095
Technically, market makers may target a retest of the 4198–4220 liquidity zone and the recent swing high. However, both the Asian and European sessions are currently favoring a corrective move and a liquidity hunt before another potential rally. A long squeeze into the 4144–4121 support zone could trigger another bullish impulse.
However, keep in mind that both the local and the broader market trends remain bearish.
Best regards,
R. Linda 
Long
EURJPY - A Breakthrough of Resistance to Continue the Uptrend FX:EURJPY is testing the 184.84 support level after breaking above a key resistance. The broader trend remains bullish, providing overall support for further upside
EURJPY is currently influenced by three major factors: a widening interest rate differential in favor of the euro, persistent bearish positioning on the Japanese yen as large speculators continue to increase short exposure, and growing risks of a Japanese currency intervention amid the yen's weakest levels in decades. Despite these factors, the technical structure remains favorable for further gains.
The chart is forming a classic breakout pattern, with price holding above the former resistance level
Resistance levels: 185.37, 186.32
Support levels: 184.84, 184.57
Following a pullback from 185.37, the pair is testing the 184.84 support and liquidity zone. Within the broader bullish trend, if bulls manage to defend this trigger level, it could pave the way for another leg higher
Best regards,
R. Linda 
Long
CIPLA: 278-Point Compression Near a Major Resistance Zone🔥 CIPLA: 278-Point Compression Near a Major Resistance Zone — Expansion Ahead? 📊
Cipla Limited (CIPLA) is currently trading within a tight price structure just below a key resistance area at 1,444.50. As price continues to compress beneath this supply zone, the chart is approaching a point where a larger directional move may begin to develop.
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📐 Understanding the Current Structure
What makes this setup particularly interesting is that it can be viewed in two different ways.
Automated View
Many pattern-detection algorithms identify the current formation as a Rising Wedge, a structure created when both highs and lows continue to rise while the price range gradually narrows.
Discretionary Price Action View
When viewed manually, the same chart also displays characteristics of a classic Ascending Triangle, with price repeatedly testing a horizontal resistance zone while forming higher lows underneath.
Some traders may also recognize elements of an Inverse Head & Shoulders accumulation structure within the broader pattern.
This creates a fascinating case of structural duality, where automated and discretionary analysis arrive at different interpretations of the same price action.
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📊 Key Structural Reference Points
Pivot A: 1,409.50
Pivot B: 1,165.70
Pivot C: 1,444.50
Pivot D: 1,341.10
Spatial Measurements
Measured Spatial Depth: 278.80 Points
Technical Upper Horizon: 1,723.00
Technical Lower Horizon: 1,062.00
These levels are derived from historical price structure and are intended as analytical reference zones.
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📉 Volume & Compression Profile
One of the most important observations is the ongoing reduction in volatility as the pattern matures.
Price continues to trade within a narrowing range while repeatedly interacting with the 1,444.50 supply area. This type of compression often attracts attention because it reflects a temporary balance between buyers and sellers.
A future expansion in participation and volume may help confirm the next phase of market structure.
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🔍 Conditional Horizons
Scenario Structural Condition Reference Horizon
Upside Ref Daily close above 1,444.50 Technical Upper Horizon:
supported by increased volume participation 1,723.00
Downside Ref Failure to maintain higher lows Technical Lower Horizon:
followed by deterioration in structure 1,062.00
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At present, the chart remains in a consolidation phase and neither scenario can be considered active until price provides further confirmation.
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⚠️ Structural Invalidation Parameters
For the Ascending Triangle Interpretation
Pivot D (1,341.10) remains an important structural support area.
Sustained weakness below this zone would reduce the strength of the higher-low sequence.
For the Broader Structure
Pivot B (1,165.70) represents a major structural reference point.
A move below this level would significantly alter the current long-term pattern framework.
These levels are useful for monitoring whether the existing structure remains intact.
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📊 Technical Perspective
CIPLA currently sits at an interesting intersection between two different pattern interpretations.
The automated view favors a Rising Wedge structure, while the underlying price behavior continues to resemble an Ascending Triangle with repeated tests of a horizontal supply ceiling.
As the price range continues to tighten, market participants may focus closely on how the stock behaves around 1,444.50, as this remains the most important structural level on the chart.
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📚 Educational Note
This publication demonstrates how the same chart can produce different interpretations when viewed through automated pattern recognition and discretionary price-action analysis. The purpose of this study is educational and informational only.
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💬 Community Discussion
Which interpretation do you find more convincing here?
Do you favor the automated Rising Wedge perspective, or do you believe the repeated tests of the 1,444.50 horizontal supply wall reflect a stronger Ascending Triangle accumulation structure?
Share your view below.
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Disclaimer:
This publication is intended solely for educational and informational purposes. The analysis is based on chart structure and historical price action and should not be considered investment advice, trading advice, research advice, or a recommendation to buy, sell, or hold any security. Market conditions can change without notice, and all decisions should be made after independent research and appropriate risk assessment.
Long
ICICIGI Three White Soldiers Within a Large Ascending Triangle📊 ICICI Lombard General Insurance: Daily Technical Snapshot – Three White Soldiers Emerging Within a Large Ascending Triangle
📊STWP Equity Snapshot
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MARKET STRUCTURE SNAPSHOT | NSE: ICICIGI | DAILY
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• Closing Price: 1,839.00 (+48.50 | +2.71%)
• Core Trend: Downtrend (Weakening) / Recovery Structure Emerging
• Market State: Consolidation Near Breakout Zone
• Price Structure: Ascending Triangle Formation with bullish reversal characteristics
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OPERATIONAL PRICE GRID & KEY REFERENCE LEVELS
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• Model Reference Level: 1,844.00
• Hard Invalidation Level: 1,669.50
• Structural Risk: 174.50 (9.46%)
• Resistance Levels: R1 1,860.23 | R2 1,881.47 | R3 1,918.90
• Support Levels: S1 1,801.53 | S2 1,764.07 | S3 1,742.83
• Range Structure: Low 1,671.80 | High 1,908.90
• Higher Timeframe Observation Zones: 2,018.50 | 2,193.00
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MOMENTUM, PARTICIPATION & CPR DATA
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• Volume Profile: 539.56K Shares
• Volume Character: Normal Participation
• RSI Metric: 58.80 (Bullish Momentum Recovery)
• ADX Reading: 12.78 (Weak Trend Environment)
• ROC: +6.12%
• MACD Status: Recovery Phase | Momentum Improving
• Stochastic Reading: 97.10 (Strong Momentum Zone)
• Current Bias: BUY ON PULLBACKS
• CPR State: Bullish Zone | CPR Moving Up (Wide)
• Today's CPR: Pivot 1786.20 | Top 1788.35 | Base 1784.05
• Tomorrow's CPR (Projected): Pivot 1822.75 | Top 1830.90 | Base 1814.65
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📚 EDUCATIONAL OBSERVATION
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ICICI Lombard is displaying a constructive technical structure after spending several months consolidating within a broad contracting range. Price action has developed into what appears to be a large Ascending Triangle pattern, characterized by rising lows and a relatively stable resistance zone near the 1,900 region. Such formations often reflect gradual accumulation as buyers become increasingly willing to absorb supply at higher prices.
The dashboard identifies a Three White Soldiers pattern with an estimated reliability of approximately 64%, suggesting a strong bullish reversal signal following a period of weakness. Recent candles demonstrate improving buyer participation, with price recovering sharply from the lower boundary of the triangle and approaching the upper resistance region once again.
Momentum indicators are beginning to support the improving structure. RSI has recovered to 58.80 and remains comfortably above the neutral zone, indicating strengthening buying pressure. ROC has turned positive at 6.12%, while Stochastic readings near 97 reflect strong short-term momentum. ADX remains relatively low at 12.78, indicating that a powerful directional trend has not yet fully developed despite the recent improvement in price behavior.
The projected CPR structure remains bullish and has shifted higher, with tomorrow's Pivot projected near 1,822.75. Rising CPR structures generally indicate improving market acceptance of higher price levels and often support continuation moves when price remains above the projected range.
From a broader structural perspective, the most important level remains the descending resistance trendline near the 1,900–1,920 zone. A decisive breakout above this region could complete the larger Ascending Triangle structure and potentially shift market focus toward the higher timeframe observation zones near 2,018 and 2,193. Until such a breakout occurs, the stock remains in a consolidation-to-recovery phase rather than a confirmed expansion phase.
From a business perspective, ICICI Lombard continues to benefit from growing insurance penetration in India, increasing awareness of health and general insurance products, and long-term expansion opportunities within the domestic insurance sector. While technical analysis remains the primary focus of this report, the broader sector backdrop remains supportive for long-term growth.
Support and resistance levels should be treated as observation zones rather than predictive targets. Chart patterns, momentum indicators, volume analysis, and CPR frameworks are educational tools that help market participants understand evolving market structure within a disciplined risk-management framework.
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⚠️ Disclaimer
________________________________________
• This analysis is provided strictly for educational and informational purposes.
• This is not financial, investment, or trading advice and should not be considered a recommendation to buy or sell any security.
• Stock market investments are subject to market risks, including the possible loss of capital.
• Past performance, historical observations, chart patterns, and technical indicators do not guarantee future results.
• Please conduct your own research and consult a SEBI-registered financial advisor before making investment decisions.
• STWP assumes no responsibility or liability for any financial loss arising directly or indirectly from the use of this information.
Long
USDCAD - Retest of 1.40. Markets are awaiting the Fed's decisionFX:USDCAD maintains a strong bullish trend and is testing the 1.4000 resistance level while attempting to hold above this key threshold. The Federal Reserve meeting is now in focus
USDCAD has entered a consolidation phase ahead of major news events, with the primary focus on the Fed's interest rate decision and comments from the new Fed Chair
The U.S. dollar is currently correcting within a broader bullish trend. With key economic releases approaching and geopolitical tensions still in the background, a hawkish stance from the Federal Reserve could push the Dollar Index higher, providing additional support for the currency pair.
Resistance levels: 1.4000, 1.4024, 1.4100
Support levels: 1.3995, 1.3980, 1.3967
Within the prevailing bullish trend, price is consolidating above the key 1.3995 level. If bulls manage to defend this area and secure a close above 1.4000, it could become a technical catalyst for further upside
Best regards,
R. Linda GOLD - Consolidation before growth. Positive background?ICMARKETS:XAUUSD is holding above $4,300 on Tuesday after pulling back from the six-day high of $4,369 reached during the previous U.S. trading session. The three-day rally has given way to consolidation, leaving room for further gains
Gold is currently in a phase of strong technical recovery, driven by a combination of geopolitical optimism and a reassessment of inflation risks. The market is entering the upcoming Federal Reserve meeting in a much more balanced position than it was immediately after the jobs report.
The market is awaiting two key events: the June 16–17 Federal Reserve meeting (including the updated dot plot and Chair Warsh’s press conference) and the official signing ceremony of the peace agreement in Geneva on June 19.
If the Fed’s dot plot proves less hawkish than the market expects and Friday’s signing ceremony confirms progress, gold could test 4426–4476 and continue higher. However, if Warsh confirms a high probability of further rate hikes in the second half of the year and the details of the agreement disappoint, gold may enter a corrective phase
Resistance levels: 4363, 4426, 4476
Support levels: 4306, 4268, 4246
A false breakout of 4363 is triggering a correction (the reaction remains weak), while gold continues to consolidate above the key support zone at 4300–4310. Fundamentally, the local backdrop is improving and providing support to the market. A rebound from the 4300 area could lead to a move toward 4426–4476
Best regards,
R. Linda Long 
HYPEUSDT - Ready for the trend to continue BINANCE:HYPEUSDT.P continues to maintain its overall bullish trend and appears poised to resume its upward movement following the recent correction. Despite weakness in Bitcoin, the altcoin remains resilient and has a strong chance of retesting its all-time high.
After a period of consolidation during the corrective phase, the market is transitioning back into a rally phase and looks poised to continue higher. The coin continues to demonstrate notable relative strength, and in the medium term, it may challenge its all-time high. The broader weakness across the cryptocurrency market has had limited impact on HYPE, aside from the wave of negative news in early June that triggered panic and capital outflows.
The fundamental outlook for HYPE continues to improve, giving traders an opportunity to target the 70.0–75.0 range.
Resistance levels: 65.80, 70.0, 72.4
Support levels: 64.0, 62.40
Technically, the price remains in a bullish cycle. The key trigger is 65.800—a close above this level could open the door for the rally to continue.
Best regards, R. Linda Long 
GMDCLTD is offering a low-risk entry on weekly triangle retestNSE:GMDCLTD broke out of a multi-week ascending triangle two weeks ago with a strong bullish candle, making the initial entry relatively high risk. However, the stock retested the neckline last week , confirming it as a strong support and offering a lower-risk entry , backed by a bullish reversal on the weekly chart.
The stock is also displaying strong relative strength against NSE:CNX500 and NSE:CNXSMALLCAP , of which the stock is part of, reinforcing the bullish outlook.
On momentum, the weekly RSI (14) stands at 65.73, indicating sustained strength with room for further upside. The RSI holding above 60 suggests a shift into a bullish regime , with a potential move above 70 likely to accelerate momentum and open the path toward new highs.
From a trend perspective, the 20-week EMA is trending upward and acting as dynamic support. Also on the weekly timeframe, the 20-week EMA has stayed above the 50-week EMA since June 2025, highlighting a strong short-term structure even during the broader market weakness during the US-Iran war tensions. On the monthly timeframe, the stock has consistently held above the 50 EMA since March 2025, delivering ~190% upside , while the rising 200-week EMA further confirms a multi-timeframe bullish structure.
If NSE:GMDCLTD sustains above ₹640 , it could drive the stock toward the ₹890 zone . A minor pullback toward ₹715–720 may offer a more favorable risk-reward entry, with a stop loss at ₹620 and a projected upside target near ₹920 based on the ascending triangle breakout.
Key Supports: ₹720, ₹680, ₹650
Targets: ₹805, ₹870, ₹920
Disclaimer:
Investments in the securities market are subject to market risks, read all related documents carefully before investing. Securities quoted here are exemplary, not recommendatory. I am not a SEBI registered financial advisor, please consult your financial advisor before investing. Please note that I do not guarantee any assured returns for the securities quoted here.
Hari Narayan N
Chartered Market Technician (CMT – All 3 Levels Cleared) 
Long
Long
Long
Long
