BTC/USD Short Setup – Breakdown from Bear Flag Edge🚀||| 👆Your Boost is appreciated in Advance👆 |||🚀
Thesis: Bitcoin is trading within a well-defined descending channel, potentially forming a bear flag on the higher time frame. Price is currently hovering just below the key resistance zone near $108,600 (“The Edge”), failing to reclaim the upper boundary of the flag.
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Entry: 🔻 Short at $106,850 – Price is rejecting the upper channel resistance and failing to break above “The Edge”
Stop-Loss: 🔺 $109,000 – Above the recent swing high and invalidation of the flag structure
Take-Profit 1: ✅ $104,700 🎯
Take-Profit 2: ✅ $102,400 🎯
Optional extended:
TP4: $98,000 – Full measured move of the flag breakdown
Risk-Reward Ratio: ~1:1 to 1:4 depending on target
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Signals
XAUUSD – Correction or Reversal? 1. What happened yesterday
As expected, Gold started to rise after finding support at 3250. The move up played out perfectly, reaching the resistance area highlighted in yesterday’s analysis — around 3320–3340.
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2. The key question today
Is this just a correction in a bearish trend, or the start of reversal?
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3. Why I remain bearish
• On the weekly chart, structure still leans bearish
• On lower time frames, the bounce looks corrective — not impulsive
• No breakout above 3360 yet, which would be needed to shift the bias
• A move back below 3320 would likely trigger renewed selling
• If that happens, 3250 could be tested again quickly
We need to respect the bounce — but not overreact to it.
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4. Trading plan
My bias remains bearish as long as price stays under 3360.
However, if we get a daily close above 3360, I’ll pause and re-evaluate the short bias. The market would then be signaling a potential trend shift.
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5. Final thoughts 🚀
This is a key moment for gold. We’re at resistance zone but not broken above yet.
Until proven otherwise, the trend remains down — and rallies into 3340 zone should be considered selling opportunities.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Lingrid | CADJPY Potential Downside Move After BreakoutThe price perfectly fulfilled my previous idea . FX:CADJPY is facing continuous rejection from the descending trendline, maintaining its position within the downward channel. Price is struggling to hold above the 105.00 region, showing signs of distribution after a fake breakout and lower high formation. A sustained breakdown below 105.00 would confirm the bearish continuation targeting the 104.00–104.50 zone.
📉 Key Levels
Sell zone: 105.40–105.50
Buy trigger: breakout above 105.60 and retest
Target: 104.500
Sell trigger: confirmed break and close below 105.00
⚠️ Risks
False breakdown could lead to sharp recovery toward 106.20
Oversold conditions may slow downside near 104.50
Range re-accumulation above 105.00 could trap short-sellers
Thin liquidity around 104.20 might cause price spikes
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
QQQ Nasdaq 100 Year-End Price Target and Technical Rebound SetupIf you haven`t bought the previous oversold area on QQQ:
Now the Nasdaq-100 ETF (QQQ), which tracks the performance of the largest non-financial companies in the Nasdaq, has recently entered oversold territory, suggesting that a technical rebound may be imminent. Similar to the Russell 2000, QQQ has experienced significant selling pressure, driving key technical indicators into oversold zones and creating favorable conditions for a bounce.
The Relative Strength Index (RSI) has dropped below 30, a level that typically signals oversold conditions and the potential for a reversal. Additionally, QQQ is trading near key support levels, with a large portion of its components underperforming their 50-day and 200-day moving averages — a classic setup for a mean reversion rally.
From a historical perspective, QQQ has shown a tendency to rebound strongly after similar oversold conditions, particularly when macroeconomic factors stabilize and buying pressure returns. Given the current technical setup, my price target for QQQ is $550 by the end of the year. This represents a recovery of approximately 8-10% from current levels, aligning with previous post-oversold rallies in the index.
While downside risks remain — including potential volatility around Federal Reserve policy and broader economic data — the technical backdrop suggests that QQQ is well-positioned for a recovery in the coming months.
Gold Trading Strategy for 500 Pips !Dear friends!
The exit from the bearish channel has led to an impressive price increase. At the time of writing, the financial market is trading above the $3,300 mark. The uptrend is very strong as it consolidates at high levels with stable trading activity on the 2-hour time frame.
Therefore, the upcoming reports on US employment and manufacturing are highly anticipated. This has contributed to the market being hotter than ever. The price increase is expected to reach $3,385, if the Fed signals monetary policy easing. What do you think about this? Do you agree with me?
XAUUSD – Technical Outlook 4HXAUUSD is currently undergoing a corrective move after last week's bearish continuation. Price is now testing the minor resistance zone of 3295–3322, and could potentially extend the correction to test the descending trendline near 3333–3342.
The overall market structure remains bearish, with lower highs and lower lows clearly intact. Price has yet to break above the dynamic resistance trendline or the key swing high at 3366 — making any bullish move at this stage corrective, not a reversal.
Unless we see a strong bullish break and close above 3366, we expect sellers to return once price reaches the trendline or supply area around 3333–3342.
📌 Trade Plan (Sell on Pullback)
Sell Limit: 3333–3342
SL: 3368
TP1: 3296
TP2: 3255
TP3: 3220
📊 Key Levels:
R2: 3342
R1: 3322
Pivot: 3295
S1: 3254
S2: 3214
S3: 3180
Summary: Wait for bearish confirmation at the supply zone before entering. Bias remains bearish until proven otherwise by a structural break above 3366. Use smaller lot size or scale in slowly if price approaches the sell zone with weak bullish momentum.
NZD_JPY WAIT FOR BREAKOUT|LONG|
✅NZD_JPY is trading in an
Uptrend and the pair has formed
A bullish triangle pattern
And we are bullish biased
So IF we see a bullish breakout
It will be our signal that
A bullish continuation is
Likely and we will be
Able to enter a long trade
LONG🚀
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GOLD Short From Resistance! Sell!
Hello,Traders!
GOLD made a bullish
Rebound from the support
Below just as we predicted in
Our previous analysis but
Gold is still trading in the
Downtrend as the lower lows
And higher highs are intact
And the structure is healthy
So after the price retested the
Horizontal resistance above
Around 3,310$ we are
Likely to see a further
Bearish move down
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
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CAD_CHF WILL KEEP FALLING|SHORT|
✅CAD_CHF broke the key structure level of 0.5840
While trading in a strong downtrend
Which makes me bearish
And I think that after the retest of the broken level is complete
A rebound and bearish continuation will follow
SHORT🔥
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CAD-JPY Bullish Bias! Buy!
Hello,Traders!
CAD-JPY keeps trading
In an uptrend along the
Rising support line and
We are already seeing a
Bullish rebound so we are
Bullish biased and we will
Be expecting a further
Bullish move up
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GOLD WILL FALL|SHORT|
✅GOLD is trading in a
Downtrend and the price is
Making a typical rebound but
After the horizontal resistance
Level above around 3,300$ is
Retested we will be expecting
A further bearish move down
SHORT🔥
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
NASDAQ Possible short-term pull-back.Last time we analyzed Nasdaq (NDX) was a week ago (June 23, see chart below), giving a comfortable buy signal as the price was rebounding at the bottom of the 6-week Channel Up:
The price hit our 22300 Target and has now touched the top of the Channel Up. Based on the 4H RSI, it resembles the May 15 price action, which soon after pulled back to the 0.382 Fibonacci retracement level.
It is possible to see such relief profit taking on the short-term and a test of 22200 (Fib 0.382).
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GBP-CHF Bearish Breakout! Sell!
Hello,Traders!
GBP-CHF formed a H&S
Pattern and now we are
Seeing a strong bearish
Breakout of the neckline
Key level around 1.0933
Area and as the breakout
Is confirmed we will be
Expecting a further bearish
Move down towards the
Target below around 1.0867
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Embracing Uncertainty
In trading, the illusion of certainty is often our biggest enemy.
Even the cleanest setups—like a MTR (Major Trend Reversal)—can fail.
Mark Douglas said it best:
“Anything can happen.”
This simple truth is what keeps professional traders humble and disciplined.
Respect the market, manage your risk, and never assume you know what comes next.
Stay sharp.
#MJTrading
#GoldTrading #XAUUSD #TradingPsychology #AnythingCanHappen #MarkDouglas #ForexMindset #TradingQuotes #PriceAction #RiskManagement #MindOverMarkets #ChartOfTheDay #MJTrading
EURUSD Sell signal at the top of the Channel Up.Last time we analyzed the EURUSD pair (June 23, see chart below) we gave a strong buy signals at the bottom of the 1.5-month Channel Up:
The price is almost near our Target but since it's been consolidating for so many 4H candles on the pattern's top, it is better to take the good profit and turn bearish.
The 0.5 Fibonacci retracement level has been a solid target for the previous two Bearish Legs, but since the last one bottomed just above it on the 4H MA100 (green trend-line), we will place the Target a little higher this time also at 1.16100.
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XAUUSD Channel Down starting new Bearish Leg.Gold (XAUUSD) has been trading within a 2-week Channel Down, recently rejected on its 4H MA50 (blue trend-line). The last Lower High was priced on the 0.5 Fibonacci retracement level, so currently we are on the ideal level for a new short.
With a 4H Death Cross emerging, we are targeting the 1.382 Fibonacci extension (as the previous Bearish Leg did) at 3210 for the Channel's new Lower Low.
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FFM -- ASX – Breakout Consolidation in Focus
📝 Description
Firefly Metals is setting up a classic breakout continuation scenario after reclaiming the $1.00 psychological level and breaking the long-term trendline resistance.
🔹 Key Observations:
• Trendline Break: The descending trendline from the prior high was decisively breached, signaling a structural shift.
• Accumulation Zone: Price has consolidated in a tight range above $1.00, forming a bullish flag or box accumulation.
• EMA Cluster Support: Both the 15 and 60 EMAs are aligned below the consolidation, providing dynamic support.
🔹 Potential Scenarios:
✅ Bullish Continuation:
A clean breakout above the top of the blue box could trigger a momentum rally toward $1.30 and ultimately the $1.38–$1.50 resistance levels.
✅ Deeper Pullback:
If price loses the $1.00 support decisively, a retracement to retest the breakout base is possible.
Trade Plan:
I am monitoring for a confirmed breakout candle with volume expansion to validate the continuation thesis.
• Entry trigger above the range high ($1.10 area)
• Stops below recent swing low / $1.00 level
• First target: $1.30 resistance
As always, risk management first—no breakout, no trade.
#MJTrading
#FFM #FireflyMetals #ASXTrading #BreakoutSetup #TechnicalAnalysis #PriceAction #TradingPlan #ChartOfTheDay #AustralianStocks #MomentumTrading #MJTrading
GOLD Will Grow! Buy!
Here is our detailed technical review for GOLD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 3,281.18.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 3,396.94 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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 Will Go Higher From Support! Long!
Take a look at our analysis for EURUSD.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 1.172.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.177 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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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GBPJPY Will Go Down From Resistance! Sell!
Please, check our technical outlook for GBPJPY.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 197.551.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 196.207 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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GBPAUD Will Go Higher! Buy!
Here is our detailed technical review for GBPAUD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 2.098.
The above observations make me that the market will inevitably achieve 2.106 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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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USDCAD Is Going Up! Buy!
Please, check our technical outlook for USDCAD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 1.356.
Considering the today's price action, probabilities will be high to see a movement to 1.360.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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 subscribe and comment my ideas if you enjoy them!