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GBP-USD Massive Swing Breakout! Buy! Hello,Traders! GBP-USD is trading in a Strong uptrend and the Pair made a massive Bullish breakout of the Key horizontal level Of 1.3444 and went Further up which reinforces Our bullish bias and after A potential pullback we Will be expecting a Further bullish move up Next week 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.
Long
by TopTradingSignals
1
SPY Will Keep Growing! Buy! Hello,Traders! SPY is trading in an uptrend And the index made a retest Of the key horizontal level Of 579$ from where we are Already seeing a bullish Rebound so as we are Bullish biased 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.
AMEX:SPYLong
by TopTradingSignals
5
EUR-USD Potential Long! Buy! Hello,Traders! EUR-USD is trading in an Uptrend and the pair made A breakout of the key horizontal Level of 1.1300 which is confirmed So now the price is consolidating Above the new support And after a potential retest Of the support level we are Likely to see 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.
Long
by TopTradingSignals
2
GBP/CAD Poised for Breakout – What’s Next After 1.8600?1. TECHNICAL CONTEXT (Daily Chart) GBP/CAD has been trading within a well-defined ascending channel since early 2025. After hitting the lower bound of the channel around 1.8050 in May, price bounced sharply and regained strength, pushing back above the key 1.8400–1.8450 zone, now confirmed as new support. Currently, price is approaching the 1.8600 area, which represents: The upper boundary of the April–May consolidation range A clear supply zone visible on the weekly chart A technical resistance cluster (previous closes + Fibonacci levels) The RSI shows growing momentum, yet not overbought, suggesting potential upside extension toward 1.8779, the monthly high. Key Technical Levels: Resistance: 1.8600 – 1.8779 (extended target) Support: 1.8401 (weekly) and 1.8250 (mid-range level) Primary Trend: Bullish Structure: Active ascending channel 2. INSTITUTIONAL POSITIONING (COT REPORT – May 13, 2025) CAD: Non-Commercials (speculators) are heavily net short: 23,250 longs vs 105,466 shorts = -82,216 net Weekly increase: +18,084 new shorts → clear rise in bearish pressure Commercials (hedgers) are net long, typical of risk hedging, indicating an opposing view to speculators GBP: Non-Commercials are net long: 89,540 longs vs 62,324 shorts = +27,216 net, despite a minor weekly reduction (-4,844) Commercials are net short, likely hedging strength in the pound COT Takeaway: Speculators are clearly favoring GBP strength vs CAD, while CAD is under heavy short pressure. This supports further upside in GBP/CAD. 3. RETAIL SENTIMENT 80% of retail traders are short GBP/CAD, with an average entry at 1.8551 20% long, with average entry at 1.8147 This extreme retail skew represents a contrarian bullish signal: the market may push higher to trigger stop-losses on poorly positioned shorts. 4. SEASONALITY CAD in May: Mixed behavior with a slight bearish/neutral tendency on 10y and 2y averages Monthly average: as low as -0.0097 (10-year data) GBP in May: Historically one of the weakest months for the British pound Average returns range between -0.015 and -0.0226 That said, 2025 appears to diverge from seasonal norms, with GBP showing relative strength across the board. Seasonality Takeaway: While seasonality favors CAD over GBP in May, this year’s price action and positioning override that pattern. TRADING SUMMARY 🔹 Primary Bias: Moderately Bullish 🔹 Technical Outlook: Positive structure above key support at 1.8400 🔹 COT Insight: Supports upside due to aggressive CAD short buildup 🔹 Retail Sentiment: Skewed short → potential short squeeze 🔹 Seasonality: Bearish for GBP, but currently outweighed by fundamentals/positioning SCENARIOS 📈 Bullish Scenario (preferred): Break and hold above 1.8600 → acceleration toward 1.8779 Midway target: 1.8670 (psychological level) Technical stop: Below 1.8400 (or trailing SL on breakout) 📉 Corrective Scenario: Failure at 1.8600 → pullback to 1.8401 (bullish retest) Deeper weakness only confirmed on break below 1.8250, which would invalidate the ascending channel CONCLUSION GBP/CAD is in a structurally bullish setup, backed by speculative favor toward GBP and an extreme short bias on CAD. Despite the unfavorable seasonality for GBP, the technical trend and positioning data justify a bullish outlook with a target at 1.8779, contingent on a confirmed break above 1.8600.
Long
by EdgeTradingJourney
13
XAUUSD Breakout from Bullish Flag – Eyes on $3,387Gold (XAUUSD) on the 1H timeframe is exhibiting a strong bullish continuation setup, supported by multiple confluences that suggest the uptrend is far from over. The chart clearly shows the market breaking out from a Bullish Flag Pattern, respecting curve support, and targeting the major resistance zone near $3,387. 🔍 Technical Breakdown: 1. Bullish Flag Pattern Formation After a sharp bullish impulse, price consolidated in a tight downward-sloping channel — the classic bullish flag. This pattern typically appears mid-trend and signals a healthy pause before the next leg higher. The breakout from the flag confirms bullish continuation, often offering a high-probability trade entry. 2. Break of Structure (BOS) The breakout above minor resistance marked a Break of Structure (BOS), which is a key bullish signal. It indicates a shift in market sentiment and validates the end of the corrective phase (flag) and beginning of the next impulse wave. 3. Curve Support (Parabolic Trajectory) A parabolic curve support is now guiding price upward, showing increasing bullish pressure and higher lows forming consistently. This type of dynamic support often appears in strong trending markets where buyers step in aggressively at every pullback. 4. Liquidity Sweep & Smart Money Behavior Before the breakout, price dipped below recent lows within the flag, likely sweeping liquidity and triggering stop-losses. This move provided institutional players with the liquidity needed to push price higher — a classic smart money trap-and-break scenario. 5. Volume & Momentum Confirmation The breakout occurred with strong bullish momentum and rising volume (if checked on the volume profile), reinforcing the credibility of this move. A momentum-based continuation is likely as long as price remains above previous resistance (now support). 🎯 Target & Resistance Levels: Short-Term Target: $3,387 — aligned with the previous major resistance area Support Zone: $3,260–$3,275 (previous flag breakout + structure support) Major Resistance Zone: Around $3,360–$3,387 (historical supply zone) 🧠 Trade Idea / Strategy: As long as price holds above the curve support and retests the previous breakout zone (flag top or minor resistance), bullish entries on pullbacks are favored. ✅ Buy on dips into curve support or minor resistance retests. ❌ Avoid shorting into a strong parabolic structure unless signs of exhaustion appear. 🎯 Potential RR setups: 1:2 and beyond if entry is timed well. 💬 Conclusion: The market structure, pattern confirmation, and strong bullish momentum all point toward a continuation move toward the $3,387 level. This setup provides a solid technical case for bullish trades with multiple entry options and well-defined risk levels. Keep an eye on curve support and potential higher timeframe resistance reactions for dynamic trade management.
OANDA:XAUUSDLong
by GoldMasterTrades