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GBP/JPY 4H Chart Analysis – Bullish Channel Setup📈 Trend: Price is moving in an ascending channel 🔵 Support line below 🔴 Resistance line above --- Key Zones & Levels: 📍 Demand Zone (Buy Area): Between 191.753 – 194.016 Price might bounce here before continuing up 🔵 Likely pullback expected here 🎯 Target Point: 202.500 🚀 If price respects the demand zone, this is the upside target 🟢 Entry Point: Around 193.964 – 194.016 Optimal buying zone before the projected rise ❌ Stop Loss: Below 191.700 🛑 Placed to minimize losses if price breaks down --- Indicators: 📉 EMA (70): Currently at 192.816 ✅ Acting as dynamic support --- Trade Plan Summary: 🔄 Wait for a retracement into the Demand Zone 🛒 Enter long near 193.964 ⛔ Stop loss at 191.700 🎯 Target at 202.500
Long
by Jameshead007
29
GOOGLE Repeating 2024 pattern and eyes $197.00Alphabet Inc. (GOOG) has established a Channel Up pattern since the (near) 1W MA200 (orange trend-line) rebound. With the 1D MA50 (blue trend-line) now acting as a Support, this pattern resembles the Channel Up formations that emerged in 2024. Both in terms of 1W RSI and pure price action alike, we are in a similar consolidation level as November and April 2024. Both patterns peaked after similar rallies (+40.60% and +46.23% respectively), so the minimum Target we are expecting on the medium-term is $197.00. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:GOOGLLong
by TradingShot
1
Gold is mainly oscillating at high levels Gold prices weakened in light trading as Trump postponed his threat of "directly imposing 50% tariffs" on the European Union. The delay reduced safe-haven demand, but broader market drivers still favor gold's bullish outlook. Market anxiety about the United States' ballooning deficit has intensified. The Congressional Budget Office estimates that this could increase the deficit by nearly $4 trillion. Long-term Treasury yields soared, with the 30-year Treasury yield reaching 5.14%, raising concerns about debt monetization and inflation. As a result, gold is more popular than traditional U.S. assets. Gold broke down from a high today and did not continue the bullish rise of the previous trading day, further indicating a phenomenon of bullish profit-taking. Whether the market will continue to break down in the future, we need to pay attention to whether the gold price continues to break down. At present, the main resistance level of gold is at 3347, and then $3357. Overall, Zhang Yifu believes that due to the early market closure, gold is likely to fluctuate in a narrow range. In terms of future operations, the high-altitude and low-multiple strategies should be considered. Pay attention to the resistance of $3347-3357 on the top and the support of $3325-3315 on the bottom. If the gold price breaks above $3347, it will stop the expected bearish trend and push the gold price to regain the main volatility trend. It is expected that the gold price will trade between the support level of $3320 and the resistance level of $3357 today.
OANDA:XAUUSD
by FredericaCrichton
1
SPY update - still bullish!In today’s session, we saw an increase in volume without significant price movement. This could indicate underlying uncertainty or a potential shift in momentum. At the moment, price is still respecting a key trend line and several support levels. Until these are broken, it's too early to confirm whether the broader market is turning bearish. 🧠 I also want to point out that the price is forming an ascending channel, often a reversal pattern, especially when occurring at market highs. While we’re seeing some bearish signs, it’s crucial to remain patient and let the market show its hand. 📊 As always, the key is to observe, not assume, and be ready to adapt as the price action develops. Thanks for watching the update, I hope it brought some insight and value to your trading journey!
ICMARKETS:US500Long
by GonzooTrading
Gold rebound is weak, short at high levelYesterday, gold stabilized and rebounded in the 3290-3300 area as expected, and the rebound high reached 3325. Friends who bought in this area should have made money. Judging from the situation of this rebound, the bullish momentum can be said to be relatively weak. With the current strength, the rebound will not go too far. From the chart, the rebound high is gradually moving down, and the key support area of ​​3290-3300 below is very close, and there is a possibility of breaking through at any time. Once it breaks through, it will inevitably test 3250 and 3200. I will not consider going long on gold. On the contrary, I think the risk of going short will be much smaller.
TVC:GOLDShort
by YettaTerry
Markets Lower Ahead of Nvidia Earnings Equity Indices traded loEquity Indices traded lower on the session today after seeing strong gains yesterday to start the week with the Russell leading the downside pressure being down near 1%. The FOMC minutes were released this afternoon and showed that the Fed was comfortable with rates remaining unchanged for the time being, and equity markets fell while traders saw Bond Yields trade higher. Gold, Silver and Copper also saw losses on the session with Copper leading the selling pressure being down near 1.5%. The big news today came after the bell with Nvidia reporting earnings, where they saw a beat on both EPS and Revenue, and the S&P and Nasdaq are seeing some after hours gains. There was news this afternoon as well where President Trump ordered US chip designers to stop selling software to China, which could have longer term effects on the global supply and demand. Looking ahead for the rest of the week, traders will see key economic data looking at jobs and GDP that can add volatility to the equity indices and outside markets like the precious metals or crypto markets. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/ *CME Group futures are not suitable for all investors and involve the risk of loss. Copyright © 2023 CME Group Inc. **All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report reflect solely those of the author and not necessarily those of CME Group or its affiliated institutions. This report and the information herein should not be considered investment advice or the results of actual market experience.
CME_MINI:ES1!
by CME_Group
MU Monthly Chart – Support Bounce $65, Resistance at $97Micron Technology ( NASDAQ:MU ) delivered a textbook bounce in April — right off major monthly support around $65, which also aligns with a trendline dating back to 2015. This bounce came during a broader market pullback, and NASDAQ:MU showed strength with the overall market rebounded. Since then, price has climbed into a critical level of resistance/support at $97 — a key area to watch ahead of earnings on June 25th. Long-term trendline support from 2015 Analyst average target: $123 TradingView rating: Strong Buy Next resistance = $97 Major earnings catalyst in late June If NASDAQ:MU can break and hold above $97, that opens the path toward the $120 zone. If not, we could see a retest of lower levels post-earnings. 📅 Watch how price behaves around $97 leading into earnings.
NASDAQ:MU
by disciplinetradingteam
Gold bullish pattern continuesThe 1-hour gold candlestick chart shows that the Bollinger channel is in an upward opening shape, and the short-term trend is weak. From the analysis of the moving average system, the short-term moving average is in a bullish arrangement, which continues to support the gold price and further confirms the upward trend. However, the current price is close to the overbought area, and we need to be alert to the risk of a pullback. In terms of operation strategy, Weng Fuhao recommends maintaining a low-to-long mentality and focusing on long opportunities after the pullback. The upper resistance level is the 3335-3340 area, and the lower support is the 3280-3270 range. The specific operation suggestion is that if the gold price pulls back to the 3305-3310 area and stabilizes, you can consider arranging a long order, and this range needs to be paid attention to. Operation strategy: Gold recommends long positions in the 3305-3310 area, with a stop loss at 3297, and a target of 3320-3330. If it breaks, hold
FX:XAUUSDLong
by IvesBeck
BTC/USD Testing Resistance Near Downtrend LineBitcoin is currently approaching a descending trendline and horizontal resistance zone around $109,148–$109,177 on the 15-minute chart. Price has shown a steady climb, but is now testing a key level that previously acted as a supply zone. If price fails to break and close above this level, a potential retracement toward the $107,437 area may follow. The setup displayed on the chart suggests a short-term risk-managed approach, with clearly defined zones for price reaction. Volume remains steady, and this could be a decision point for bulls and bears in the short term. Watching for confirmation either way. 📌 For educational and charting purposes only.
BITSTAMP:BTCUSDShort
by UAE_USA_GOLD_TRADERS
Be careful with TON !!!Currently, TON is forming an ascending triangle, indicating a potential price increase. It is anticipated that the price could rise, aligning with the projected price movement (AB=CD). However, it is crucial to wait for the triangle to break before taking any action. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard