JUN 24 - SPY VIX DXY GLD USO SPY (4H)
Trend: Bullish
Current price: 604.32
Active resistance block: 604.33
Channel: Rising, intact
Key support: 581.99
📈 Break above 604.33 could trigger fast move toward 610+
🔹 QQQ (4H)
Price: 536.25
Resistance: 536.45
Support: 509.95
Volume: Building under resistance
📊 Breakout expected if 537 is cleared with volume
🔹 VIX (4H)
Level: 13.89
Trend: Bearish
Support: 11.60
🔻 Falling volatility supports continued upside in equities
🔹 BTC/USD (4H)
Price: 105,244
Volatility: 10.14
Rebounding from: Block at 99,914
Institutional CALL flow at 106,512 (+19.3%)
🟢 If BTC holds above 104k, next target is 111,292 block
🔹 US10Y (4H)
Price: 536.45
Testing: Channel resistance
⚠️ Watching for rejection at 540 or breakout toward 550
→ Impacts tech sector positioning
🔹 GLD (4H)
Price: 306.42
Support zone: 305.9
Institutional PUTs around strike 308
🔻 Bearish pressure remains; loss of 305 opens path to 291
Harmonic Patterns
WTI Oil: further downside?Front page news this morning focussed on the ceasefire between Israel and Iran, first announced by US President Donald Trump on his Truth Social platform. However, reports recently emerged of Iran firing missiles, seemingly violating the ceasefire, but no confirmation has been received yet. The point is that things remain somewhat uncertain as of writing.
The technical front, nevertheless, is interesting on WTI Oil (West Texas Intermediate), and ultimately points to a moderate pullback before heading lower.
Monthly descending triangle in play
The flow on the monthly chart reveals that price action completed a descending triangle in April this year, formed between US$95.00 and US$64.41. Following the breach of the lower boundary and refreshing year-to-date (YTD) lows of US$55.15, a determined pullback materialised and resulted in the unit testing the upper barrier of the pattern. As you can see, the test has held for now, with June poised to end the month considerably off its best levels.
Given that price has aggressively rejected the upper boundary of the triangle formation, and if we see WTI push to fresh YTD lows, this would unearth a possible bearish scenario in the direction of support from US$42.57.
Daily Fibonacci resistance
Across the page on the daily chart, you will note that recent flow touched gloves with support at US$64.55, a level complemented by a 1.272% Fibonacci projection ratio at US$64.76, a trendline support (extended from the low of US$55.40), and a neighbouring 61.8% Fibonacci retracement level at US$63.70. Given that the 1.272% Fibonacci projection ratio also represents an ‘alternate’ AB=CD support pattern, traders that are long from US$64.55 may aim for the 38.2% and 61.8% Fibonacci retracement ratios of US$69.53 and US$72.59. Consequently, both of these lines serve as potential resistance levels to watch.
H1 confluence
With monthly price suggesting further selling, and daily resistance on the table, the H1 chart shines the spotlight on two levels of resistance at US$68.35 and US$70.14. However, I am more drawn to the latter level as a potential resistance. This is because it converges closely with the 38.2% Fibonacci retracement ratio on the daily timeframe mentioned above at US$69.53, as well as a nearby 1.618% Fibonacci projection ratio on the H1 chart at US$69.13.
As a result, my focus will be on H1 resistance between US$70.14 and US$69.13.
Written by FP Markets Chief Market Analyst Aaron Hill
EURUSD - Shifting from Bearish to Bullish Soon!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈EURUSD has been overall bullish trading within the rising wedge marked in blue.
Moreover, the orange zone is a strong support!
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of support and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #EURUSD approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
XAUUSD is still on Rising channel on D1H4 Timeframe Analysis
Gold is currently holding the falling wedge pattern on H1 & Rising wedge on D1 Today we have volume opening Gap on OANDA which is still pending.
Market is holding the Range of 3330-3380
What's possible scanarios we have?
if gold sustained with this falling channel and H4 remains above 3320-3330 then Before the US market, I think gold can still return to around 3350 then 3370.
On the otherhand if The H4 candle closes below 3320 buyying will be limited and market will again the rangbound 3290-3330
#XAUUSD
TONUSDT: Short the Rejection,Buy the Capitulation – A Dual-Level
📉 TONUSDT Technical Analysis – Trending in a Long-Term Descending Channel, Is the Ideal Short Entry Coming?
TONUSDT is currently trading inside a long-term descending channel, with clear bearish momentum dominating the structure.
🔻 Scenario 1 (Early & Risky Entry):
Traders may consider opening a short position from the current level, but this setup carries higher risk, as the price could still push upward toward the upper boundary of the channel.
Stop-loss level is clearly marked on the chart.
🧭 Scenario 2 (Smarter, Low-Risk Entry):
A more calculated approach is to wait for the price to revisit the upper resistance zone of the descending channel (marked as Entry 1 on the chart).
This zone offers a clean low-risk, high-reward short opportunity, with a tight stop-loss and excellent setup.
🎯 Defined Targets in This Analysis:
Target 1: The midline of the descending channel
Target 2: The bottom of the long-term descending channel
💎 Important Insight:
If this bearish scenario completes and the price reaches the bottom of the descending channel, that zone could be a prime buying opportunity for long-term holders.
Technically, it's a major support level and psychologically, it's where smart money often steps in.
⚠️ Disclaimer:
This is not financial advice. This analysis is for educational purposes only. Always wait for confirmation and apply strict risk management when trading.
📩 What’s your opinion on this setup? Do you agree with the short plan, or see another scenario unfolding? 👇
Symmetry 📍 Hello traders, hope you’re having a great start to the trading week!
USD/CAD has just completed a clean bearish AB=CD symmetry pattern, and we now have confirmed structure shift from the Price Completion Zone (PCZ). Price is rejecting perfectly, and the bearish move is now underway.
🌀 What we’re seeing:
AB=CD symmetry completed right into the 127.2–161.8% extension
Rejection from the D point followed by a strong bearish candle
Structure has shifted — new lower low and confirmed lower high
Price is now flowing cleanly from the top, confirming the setup
📌 Key levels and confluence:
Pattern completed with symmetry and fib alignment
PCZ respected with immediate rejection
Structure confirms sellers are in control below the D point
🎯 Target:
TP1: 23.6% retracement of CD leg — locked in and already reacting
Extended downside remains possible if structure stays bearish
⚠️ Risk management:
Entry: After confirmation below the D point
Stop: Above the D high — pattern invalidation level
Setup is live — manage it with precision
🧠 The pattern completed, price shifted, and the move is now in progress. Let structure lead. TP1 at 23% keeps it sharp.
Pattern. Trigger. Structure. Repeat.
— TradeChartPatternsLikeThePros
Trade of the day - Tuesday!📊 Tuesday Trading Update
As we saw yesterday, the market reacted uncharacteristically to global events — we witnessed some interesting volatility, to say the least ⚡. While there’s still plenty of opportunity to capitalise on, today is a new day, and here are the trades you should be watching like an eagle 🦅.
Most setups today are continuation plays, especially considering we SFP’d the range low and failed to close below 100.3 on the daily. Did we get a bearish close on the LTF? Yes — so we must tread with caution ⚠️.
We're currently sitting at 4H supply, which makes it a juicy spot for a range deviation play — hence my single short 📉. However, if we continue to purge this zone, a continuation long could come into play, targeting the previous demand range.
I doubt I'll be having a class later today. If I get the time, I’ll record a quick session — but if not, here’s what you should be looking for to enter this trade:
👉 A clear change in market structure on the LTF. Or a divergence if you use oscillators
Not sure what that means? Go back and scour through the older videos — it’s all there 📚.
📅 Weekly Schedule:
Wednesday – Potential class
Thursday – ❌ No class
Friday – ❌ No class
Potential Long Setup on BTC After Fakeout and V-Shaped Recovery🟢 Potential Long Setup on BTC After Fakeout and V-Shaped Recovery
After the fake breakdown around $101,116 and a strong V-shaped recovery, Bitcoin is showing signs of strength. If $105,771 breaks to the upside, a long entry with a stop at $104,579.8 could be a solid setup.
Keep in mind:
This long position should be taken with the bigger picture in mind — if BTC breaks $110,246.8, it might be much harder to catch a position then. So it's wise to already be in the market.
📌 Important note:
Don’t take heavy risk just yet. Skip taking profit (TP) on this one for now, but size your position cautiously. If the market confirms a trend later, you'll have more room to enter altcoins with higher conviction.
---
💬 What’s your take on this V-recovery? Are you entering early or waiting for more confirmation? Let me know in the comments!
BTC at Decision Point: Symmetrical Triangle Breakout Incoming ??BTC is now trading within a symmetrical triangle, bouncing strongly from the trendline support at $98,898, and now faces overhead resistance of around $106,000.
Price is moving between higher lows and lower highs; a breakout in either direction could trigger a significant move.
Key Levels:
Support Zones:
$101,409 – Near-term support
$98,898 – Strong ascending trendline support
$93,343 – Critical structure base
Resistance Zones:
$105,807 – Immediate ceiling
$106,057 – Triangle breakout point
$108,895 – First major upside target
$111,785 – Higher target if bulls take control
Analysis:
The structure shows clear compression, and BTC has already made a sharp bounce off the lower range, suggesting bulls are stepping in. However, a clean breakout above $106K is needed to confirm the momentum shift.
A breakout above this triangle could lead to a fast move toward $111K, while failure could send the price back toward $101K or even lower.
This is a make-or-break zone.
DYOR | Not Financial Advice
BITCOIN Trump and the 1D EMA100 saved the day!Bitcoin (BTCUSD) rebounded yesterday on its 1D EMA100 (green trend-line) and along with Trump's truce announcement between Israel and Iran, it sent the market into a buying frenzy and back above the $105k mark.
Technically, the 1D EMA100 isn't something to be ignored as since the November 2022 market bottom, each Bullish Leg (Channel Up) that started had a contact (or near) with it that resulted into a considerable bullish extension.
The 1st Channel Up even breached below it, but after rebounding, it reached the 1.382 Fibonacci extension before the next correction. The 2nd Channel Up rebounded exactly on the 1D EMA100, and reached the 1.618 Fibonacci extension. The 3rd Channel Up almost hit the 1D EMA100 and then rebounded to the 2.0 Fibonacci extension.
It is obvious that the pattern follows a progression and each Fib extension peak is higher than on the previous Channel Up. As a result, it is not unlikely to see a High even above the 2.0 Fib ext ($168k) on the current (4th) Channel Up, however on the short-term we would still welcome the 1.382 Fib 'minimum' expectation, targeting $130000.
Do you think we should at least be expecting that? Feel free to let us know in the comments section below!
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USD/CAD H1 | Overlap support at 38.2% Fibonacci retracementUSD/CAD is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 1.3686 which is an overlap support that aligns closely with the 38.2% Fibonacci retracement.
Stop loss is at 1.3623 which is a level that lies underneath an overlap support and the 61.8% Fibonacci retracement.
Take profit is at 1.3773 which is a swing-high resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Losses can exceed deposits.
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Bitcoin (BTC): Buyers Back in Play | Buyside DominanceBitcoin had a strong sell-side movement recently, which led the price below the EMAs and showed us again the failed breakout attempt.
What we saw was news-based movement, which got eaten up very quickly by buyers, where the price is now back above the 100K area and going again for an attempt to break out from here.
Nothing is confimed yet but what we saw was strong buyside dominance!
Swallow Academy
EURUSD Potential Topping ActionTaking a look at the 4hr chart, RSI is showing signs that the bullish momentum is starting to fade with the bearish divergence. In the event we get a 4hr candle that closes below the last, I'll be looking to start scaling some short positions with this pair.
Trade Safe - Trade Well.
GBPAUD XABCD Short from PRZ/D TP1/TP2 Swing Trade🔸Hello traders, let's review the 20 MINUTE chart for GBPAUD. Strong gains off the lows recently, however price getting overextended and expecting reversal later at/near PRZ/D.
🔸Speculative XABCD structure defined by point X 1000 point A 0700 point B 0930 point C 0640 point D/PRZ 1080 still pending.
🔸Currently most points validated, point D/PRZ still pending 1080, so traders should wait until we hit D before SHORTING.
🔸Recommended strategy for GA traders: wait for price to max out to complete at point D near 1080, short/hold, SL 80 pips, TP1/TP2/TP3 0940/0840/0780. SHORT/HOLD at point D/PRZ at 1080 swing trade setup. keep in mind this is a swing trade setup, patience required.
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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Xauusd market update This chart shows a bullish setup for Gold (XAU/USD) on the 30-minute timeframe as published on June 24, 2025. Here's a quick breakdown:
🔍 Key Elements:
Current Price: ~$3,323.63
Strong Support Zone: ~$3,297–$3,323 (highlighted in yellow at the bottom)
Immediate Resistance Zone: ~$3,390–$3,410
Upper Target/Resistance: ~$3,430–$3,440
🧠 Analysis Insight:
The price recently tested the lower support zone and bounced off sharply.
A bullish reversal is anticipated with an upward projection marked by the blue arrow.
The setup suggests a long (buy) position is favored from current levels (~$3,323) with targets around the previous supply zone ($3,410–$3,430).
✅ Bullish Confirmation Factors:
Double-bottom–like formation at support
Strong historical support zone held
Sharp V-shape recovery projection
⚠️ Risk Area:
Stop loss likely sits just below the support at around $3,297.
Invalidates the idea if price breaks and sustains below this level.
Let me know if you'd like help with a trade plan or backtest for this idea.
False Breakdown on ETH – Bulls Back in Control?CRYPTOCAP:ETH just pulled a classic fakeout move — breaking below a key support and rising trendline, only to snap right back above it.
This false breakdown caught the bears off guard, and now price has reclaimed the support zone with strength.
As long as ETH holds above this reclaimed level, we could see a short-term push higher. Watch for follow-through, bulls need to keep the momentum alive.