USD/CAD: Momentum Turns South Again with Fed Cut Bets BuildingDownside risks flagged in a separate trade idea earlier this week finally materialised for USD/CAD, resulting in the initial target being achieved. With the price now trading marginally below those levels and momentum indicators still bearish, another short setup has presented itself.
If USD/CAD continues to hold beneath 1.3650, shorts could be initiated below the level with a stop above for protection. The obvious target would be support at 1.3550, where the price bounced strongly in May.
With market pricing for Fed rate cuts continuing to build, narrowing yield differentials between the United States and Canada, downside is also favoured from a fundamental perspective.
Good luck!
DS
M-oscillator
ADA About to Explode or Fakeout Trap?Yello Paradisers — is ADA quietly setting up for a powerful reversal, or are we about to walk straight into a painful bull trap? This zone could decide everything, and here’s why you need to pay close attention.
💎Cardano (ADAUSDT) is currently sitting right on the supportive trendline of a descending channel, while also forming a classic double bottom pattern. What makes this even more significant is the presence of bullish divergence on RSI. This combination alone already hints at a potential bullish reversal, but there’s more to it.
💎The current zone also served as a previous resistance area, and it has now flipped into support—this “resistance-turned-support” structure adds confluence and increases the probability of an upward move. When multiple bullish signals align at a major structural level like this, it usually sets the stage for a strong bounce.
💎Aggressive traders who entered early from current levels are already seeing a potential 1:1 risk-to-reward ratio. However, for safer and more strategic positioning, conservative traders can wait for a pullback to this support zone. Waiting for a bullish confirmation candle after the pullback can offer a better entry with a healthier RR and higher probability of success.
💎That said, if the price breaks below the current support and closes a candle below our invalidation level, the entire bullish idea will be invalidated. In that scenario, the smart move is to remain patient and wait for a new setup to form. Chasing trades after invalidation is how most retail traders get trapped—don’t be one of them.
🎖Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. This is the only way you’ll make it far in your crypto trading journey. Be a PRO.
MyCryptoParadise
iFeel the success🌴
Skeptic | RSI Masterclass: Unlock Pro-Level Trading Secrets!Hey traders, it’s Skeptic ! 😎 Ready to transform your trading? 95% of you are using the Relative Strength Index wrong , and I’m here to fix that with a game-changing strategy I’ve backtested across 200+ trades. This isn’t a generic RSI tutorial—it’s packed with real-world setups, myth-busting insights, and precise rules to trade with confidence. Join me to master the art of RSI and trade with clarity, discipline, and reason. Big shoutout to TradingView for this epic free tool! 🙌 Let’s dive in! 🚖
What Is RSI? The Core Breakdown
The Relative Strength Index (RSI) , crafted by Welles Wilder, is a momentum oscillator that measures a market’s strength by comparing average gains to average losses over a set period. Here’s the formula:
G = average gains over n periods, L = average losses.
Relative Strength (RS) = | G / L |.
RSI = 100 - (100 / (1 + RS)).
Wilder used a 14-period lookback , and I stick with it—it’s smooth, filters noise, and gives a crystal-clear read on buyer or seller momentum. Let’s get to the good stuff—how I use RSI to stack profits! 📊
My RSI Strategy: Flipping the Script
Forget what you’ve read in books like The Handbook of Technical Analysis by Mark Andrew Lim— overbought (70) and oversold (30) aren’t just for shorting or buying. I go long when RSI hits overbought, and it’s been a goldmine. I’ve backtested over 200 trades with this approach, and it’s my go-to confirmation for daily setups. Why does it work? When RSI hits overbought on my 15-minute entry chart, it signals explosive buyer momentum. Here’s what you get:
Lightning-Fast R/R: I hit risk/reward targets in 30 minutes to 2 hours on 15-minute entries (longer for 1-hour entries, depending on your timeframe).
Massive R/R Potential: An overbought RSI on 15-minute can push 1-hour and 4-hour RSI into overbought, driving bigger moves. I hold for R/Rs of 5 or even 10, not bailing early. 🚀
Rock-Solid Confirmation: RSI confirms my entry trigger. Take BTC/USD:
BTC bounces off a key support at 76,000, sparking an uptrend.
It forms a 4-hour box range, but price tests the ceiling more than the floor, hinting at a breakout.
Trigger: Break above the box ceiling at 85,853.57.
On 15-minute, a powerful candle breaks the ceiling, and RSI hits overbought—that’s my green light. I open a long.
Soon, 1-hour and 4-hour RSI go overbought, signaling stronger momentum. I hold, and BTC pumps hard, hitting high R/R in a short window.
This keeps trades fast and efficient—quick wins or quick stops mean better capital management and less stress. Slow trades? They’re a mental grind, pushing you to close early for tiny R/Rs. 😴
Pro Rules for RSI Success
Here’s how to wield RSI like a trading weapon:
Stick to the Trend : Use RSI in the direction of the main trend (e.g., uptrend = focus on longs).
Confirmation Only: Never use RSI solo for buy/sell signals. Pair it with breakouts or support/resistance triggers.
Fresh Momentum: RSI is strongest when it just hits overbought/oversold. If the move’s already rolling, skip it—no FOMO, walk away!
Customize Zones: Overbought (70) and oversold (30) can shift—it might show reactions at 65 or 75. Adjust to your market’s behavior.
Backtesting RSI: Your Path to Mastery
To make RSI yours, backtest it across at least 30 trades in every market cycle— uptrend, downtrend, and range. Test in volatile markets for extra edge. 😏 Key takeaways:
Range Markets Kill RSI: Momentum oscillators like RSI (or SMA) are useless in ranges—no momentum, no signal. Switch to ROC (Rate of Change) for ranges—I use it, and it’s a beast. Want an ROC guide? Hit the comments!
Overextended RSI Zones: On your entry timeframe (e.g., 15-minute), check higher timeframes (e.g., 4-hour) for past RSI highs/lows. These are overextended zones—price often rejects or triggers a range. Use them to take profits.
Final Vibe Check
This RSI masterclass is your key to trading like a pro—fast R/Rs, big wins, and unshakable confidence . At Skeptic Lab, we live by No FOMO, no hype, just reason. Guard your capital— max 1% risk per trade, no excuses. Want an ROC masterclass or more tools? Drop a comment! If this fired you up, smash that boost—it means everything! 😊 Got a setup or question? Hit me in the comments. Stay sharp, fam! ✌️
NZD/JPY: Bullish Breakout or Another Fade?NZD/JPY hasn’t closed above the 200-day moving average since July 2024, racking up more than ten failed bullish breaks in that time—seven of them in the past month alone. If today’s probe finds more traction, it could be the catalyst to bring bulls off the sidelines, especially on a close above 88.00 where wedge and horizontal resistance intersect.
If that plays out, traders could look to initiate longs above 88.00 with a stop below it or the 200-day moving average for protection. Minor resistance sits at 88.39, offering a nearby hurdle for the setup. Should that give way, 89.20 or 90.00 stand out as logical upside targets.
Alternatively, if the pair fails at the 200-day moving average again, the setup could flip, allowing shorts to be established beneath the level with a stop above for protection. 87.00 or wedge support around 50 pips lower may come into play as downside targets.
Momentum indicators favour upside near term. RSI (14) has broken its downtrend and moved further above 50, while MACD is on the cusp of a bullish crossover, confirming the signal.
Good luck!
DS
US30: Short setup brewingSitting in a rising wedge with bearish divergence after running into resistance at 43100, the US30 contract finds itself at an interesting juncture on the charts. If it can’t stage a definitive break above these levels, a short setup could be on the cards.
If the contract cannot break and hold above 43100, traders could look to initiate short positions targeting the 200-day moving average initially. If that were to give way, the target could be lengthened to 42000, where wedge support is currently found. A stop above 43100 would protect against reversal.
While MACD has staged a bullish crossover, the momentum signal is countered by what’s still bearish divergence between RSI (14) and price despite the latest bounce.
Given the proximity to month end—a period notorious for window dressing and false signals—the preference would be to wait for another retest and failure at 43100 before initiating the trade.
A de-escalation in trade tensions, lower crude prices and the prospect of a Fed rate cut as soon as July have been tailwinds for the contract over recent days. If it can’t continue to rally in this environment, it questions just what would be required to deliver further upside, just as negative tariff headlines potentially loom.
Good luck!
DS
SPX Bullish Breakout: 18% Upside to $7,300The S&P 500 has broken out of an inverse head and shoulders formation, targeting approximately $7,300 within three months. The MACD shows strong bullish momentum with a recent crossover above the signal line. The price is holding above the 21-day EMA, further confirming bullish momentum.
U.S. Small Caps Eye Breakout as Fed Rate Cut Bets BuildUnless it’s accompanied by a recession, there are few things U.S. small cap stocks enjoy more than rate cuts—especially given how many rely on the kindness of others to fund their growth ambitions. With another soft core PCE report expected at the end of the week, and with some Fed officials signalling a preparedness to cut rates again as soon as July, the ducks look to be lining up for a potential bullish break in the U.S. Small Cap 2000.
Recent price action backs this up, coiling within an ascending triangle on the daily chart just beneath horizontal resistance at 2170 and the key 200-day moving average just above. Price momentum is also on board, with RSI (14) breaking its downtrend and moving further above 50. MACD has crossed the signal line above zero, reinforcing the bullish message.
One look at how price has interacted with the 200-day moving average in the past suggests the higher probability play would be to wait for a break and close above the level before establishing longs, allowing a stop to be placed beneath it or 2170 for protection against reversal.
2320 looms as an obvious target, coinciding with a known resistance level. If hit, traders can assess whether to cut, hold or reverse the trade depending on how price reacts at that level.
Good luck!
DS
JD last correction is overSince fiscal stimulus announced by China, JD started to print an expanding diagonal which I labeled in black as 1-2-3-4-5. Currently, wave 4 is over (or will be over within a few days) and wave 5, the longest in such a type of diagonal, is set to unfold.
Which supportive evidence I found:
wave 4 is formed as a double three as (w)-(x)-(y) and (y) contains and ending diagonal - see green impulsive wave down. The diagonal's wave 5 reached the lower edge.
wave 4 retraced 61.8% of wave 3
wave can be seen as a bullish flag - it nicely fits into the channel (I showed in green)
both RSI and MACD show bullish divergence with price on daily
I believe JD will revert with strong impulse up in the coming days.
See divergences:
USD/CAD: Failed Break Leaves Bears in ControlWhether it’s Monday’s bearish pin candle, the rejection at the 50-day moving average, or what increasingly looks like an evening star pattern forming, directional risks for USD/CAD look to be skewing lower following the false break of 1.3750.
Those looking to position for renewed weakness could initiate shorts beneath 1.3750, with a stop above the level to guard against a reversal. 1.3650 and 1.3550 both stand as prospective targets, depending on the risk-reward profile you're seeking.
While momentum indicators are off their lows, with RSI (14) rolling over beneath 50 and MACD still in negative territory, the overall picture continues to favour downside over upside.
For those considering the setup, be aware Canadian inflation data will be released later Tuesday, with the key core rate (the average of the median and trimmed mean reads) expected to ease marginally to an annual clip of 3%. While offshore factors remain the dominant driver of USD/CAD moves, a stronger-than-expected result would likely benefit the trade.
Good luck!
DS
Hong Kong 50: Bulls Back in Business Above 23,700Monday’s bounce from support at 23,200 has seen the Hong Kong 50 push above minor resistance at 23,700, generating a potential long setup to play the broader improvement in risk appetite seen in recent hours.
Longs could be initiated above 23,700 with a stop beneath for protection, initially targeting the June 12 high of 24,429. A break above that would open the door for a possible run towards the March 20 swing high of 24,895.
RSI (14) has broken its downtrend and remains above 50, suggesting bullish momentum may be starting to build again. While not yet confirmed by MACD, it’s beginning to curl back towards the signal line above zero, hinting that too may not be far away.
Good luck!
DS
Is DOGE About to Explode or Collapse?Yello Paradisers! Are you ready for what could be DOGE’s most explosive move in weeks? DOGEUSDT is currently developing a very interesting bullish setup that deserves attention.
💎The pair has formed a falling wedge — a pattern that often precedes a breakout to the upside. This comes right after a confirmed bullish Change of Character (CHoCH), indicating that buyers are quietly stepping back in.
💎Even more important, we’ve seen a classic inducement grab, meaning early liquidity has been taken out, clearing the way for a potential real move. On top of that, there’s hidden bullish divergence on the RSI and clear bullish divergence on the MACD. This combination of signals significantly increases the probability of a bullish reversal from the current support zone.
💎If DOGE prints a convincing bullish candlestick pattern at these levels, it could offer a high-probability long opportunity with a strong risk-to-reward ratio. But be careful — if the price breaksdown and closes candle below this key support, the bullish scenario becomes invalid, and it’s better to wait for a more favorable structure to develop.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. This is the only way you will make it far in your crypto trading journey. Be a PRO.
MyCryptoParadise
iFeel the success🌴
The 3 Step Rocket Booster Strategy – Bullish Setup BreakdownHey traders!
Here’s a trade idea on GBP/USD using a multi-timeframe trend strategy I call the Rocket Booster Strategy. It’s based on trend strength, oscillator signals, and price action confirmation.
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📊 Weekly Chart – The Big Picture
The Stochastic RSI on the weekly chart recently pulled back near the 80 zone. This isn’t a reversal — it’s a healthy pause in a strong uptrend. I’m watching for a breakout continuation as momentum builds up.
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📉 Daily Chart – Oversold Alert
On the daily chart, the Stochastic RSI dropped below 20, signaling that GBPUSD might be ready for a bullish reversal. It’s setting the stage for a solid long opportunity — as long as the trend agrees.
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🕯 4H Chart – Bullish Engulfing Entry
This is where it gets exciting — a clear Bullish Engulfing pattern has formed on the 4-hour chart. That’s my entry trigger. This confirms the reversal idea with a strong price action signal.
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✅ Rocket Booster Strategy Criteria
To take a long trade using this strategy, I require all 3 of the following:
1. ✅ Price is above the 50 EMA
2. ✅ Price is above the 200 EMA
3. ✅ A breakout or gap-up is either happening or imminent
All three conditions are currently aligning on GBPUSD — this is a potential high-probability setup.
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💡 Optional Tip for Automation
If you’d like to automate this entry using alerts on TradingView, you’ll need a paid monthly plan to unlock multiple alerts and advanced conditions like candlestick detection or EMA confirmation.
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⚠️ Disclaimer
Trading is risky. Always use:
Proper risk management
Well-placed stop-losses
A demo account to test your strategy
And take profits with discipline 🧠💰
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🔚 Final Thoughts
This is a clean example of trend trading with structure and precision.
I used multi-timeframe analysis, the Stochastic RSI, and price action to time the entry. If you're learning trading, this is a great case to study or test in your journal.
Let me know what you think or how you'd manage this trade.
Happy trading! 📈💥
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Bitcoin Holds $100k as Risk Assets Shrug Off Mideast TensionsWeakness in risk assets has been relatively contained so far on Monday in Asia, despite the escalation in geopolitical tensions in the Middle East over the weekend—including in bitcoin.
Yes, it’s down, but not by any margin that sets this open apart from the usual. And having bounced after a brief dip below the psychologically important $100,000 level—which also doubles as wedge support—it’s generated a potential long setup if risk appetite improves.
Longs could be considered above $100k with a stop beneath today’s low to protect against a reversal. Targets include $102,500, $106,500 or even $109,000, depending on your preferred risk-reward.
While momentum signals are neutral to mildly bearish, the price action so far has been constructive for the setup.
Good luck!
DS
$BTC Heading to the Long-Awaited 200DMA Retest ~$96kFULFILL THY PROPHECY 📖
CRYPTOCAP:BTC making its way down to the long-awaited 200DMA retest, which just so happens to show confluence with the .618 Fib level at $96k.
RSI shows a bit more room to the downside as well.
Make sure to get those bids in!
BTC MACRO PLAY - SHORT TRADE SETUP📉 BTC/USDT SHORT TRADE SETUP – WEEKLY TIMEFRAME
🔍 Trade Idea Overview:
We are seeing a bearish divergence between price and volume on the weekly chart — while price makes higher highs, volume is decreasing, signaling a potential reversal or weakening trend.
Further confluence is seen with the VMC Cipher indicator. If a red dot prints, it will confirm the short entry. If not, the trade idea should be abandoned.
📊 Trade Plan:
Entry Zone: Around $106,300–$107,000 (wait for confirmation)
TP 1 🎯: $102,000
TP 2 🎯: $97,500
TP 3 🎯: $93,000
🛑 Risk Management:
Stop-Loss: Above recent highs at $111,800 (or adjusted based on your entry)
⚠️ Disclaimer:
Once TP 1 is reached, move stop-loss to breakeven to protect capital and eliminate risk.
TP 3 may never be reached, but it remains part of the plan to capture extended downside if momentum continues.
If no red dot prints, there is no confirmation — be ready to abandon the trade.
Short WISE as leading diagonal has been completedWISE can be shorted with the first target at the lower edge of the diagonal and then, at around 800 pence (start of wave 5), if move lower confirmed.
Clear RSI divergence shows trend reversal in the short-term at least (until touching lower band of the diagonal). So the lowest upside is around 14-16% here.
SL can be set to 1230 pence.
Nasdaq-100 Wave Analysis – 19 June 2025- Nasdaq-100 reversed from long-term resistance level 22000.00
- Likely to fall to support level 21000.00
Nasdaq-100 index recently reversed down from the major long-term resistance level 22000.00 (which has been steadily reversing the price from the end of last year).
The downward reversal from the resistance level 22000.00 will form the weekly Shooting Star candlesticks reversal pattern if the price closes this week near the current levels.
Given the strength of the resistance level 22000.00 and the overbought weekly Stochastic, Nasdaq-100 index can be expected to fall to the next support level at 21000.00.
Crypto consolidating ahead of rally towards All Time HighsWith US equity markets closed for Juneteenth, I'm checking in on an equal weight basket of cryptos. Recently I said crypto looked to be heating up for a run at new highs.
As I look today, prices appear range bound on the daily chart. There's a bearish double-top formation, beside declining momentum. The bottom of the range resting at the 200 Day Moving Average, and a test of it seems likely.
Should there be a bounce off the 200 Day SMA, and a break through the top end of the range we might get a shot at those new All Time Highs.
ELLIOTT WAVE XAUUUSD H4 update
EW Trade Set Up H4
minuette wave (iv) running?
The upside move from 3120a of 150525 to 3439a of 130625 does not seem a motive (sure not impulsive/leading diagonal maybe) wave , so a sideways (flat) correction of the minuette wave (iv) is more likely
key levels (area)
3462
3402
3317 POC
3270
3238
Silver Under Pressure with Dollar on the MoveSitting in a rising wedge and with momentum indicators rolling over, the ducks look to be lining up for a potential downside break for silver. Throw in signs the U.S. dollar may have bottomed—an adversary to commodity prices—and the unwind could be sizeable, especially if risk appetite were to evaporate.
If silver were to break beneath wedge support and hold there, it would allow for shorts to be established with a tight stop above the level for protection. $35.50—where the price bounced strongly from on June 12—screens as an initial target. If broken, it would bring uptrend support established in early April, along with the October 2024 highs at $34.87, into play.
Bullish momentum that helped power silver higher is also showing signs of waning—we’ve seen bearish divergence between RSI (14) and price, while MACD is also rolling over towards the signal line. The momentum picture isn’t outright bearish but just looks heavy.
Another important factor to consider beyond technicals is that silver and other commodity prices often struggle in an environment where the U.S. dollar is strengthening. That point is reinforced by the inverse correlation between silver and DXY over the past month, sitting with a score of -0.66—not strong by any stretch, but not something you can ignore either.
Good luck!
DS