GBPUSD GBPUSD has completed its bullish leg, reaching our previously identified target zone.
Current price action indicates potential exhaustion, and we are now actively monitoring for a short setup, targeting the 1.37200 level, which aligns with a minor inefficiency and previous structural support turned resistance.
This move is supported by overextended intraday momentum on the 15-minute chart, along with bearish divergence forming against key price levels — suggesting a potential retracement phase.
Risk Management Strategy:
Entry: Upon confirmation of a bearish setup (e.g., rejection from a lower high or failure to break recent highs with strength).
Stop-Loss: Placed above the most recent swing high or invalidation level, ensuring protection against false breakouts.
Target: 1.37200, offering a favorable risk-to-reward ratio of at least 1:2.
We’ll continue to monitor price behavior closely and adjust if momentum shifts or invalidation levels are breached.
Supply and Demand
Divergence FormingThe descending channel pattern is always my favorite. Mixed with RSI, channels aligning with gaps and volatility being at $20, its a good chemical mix.
AMEX:SOXS to $10 can happen quickly but I think the move will be sharp and quick. Long term bearish signals forming to.
Lets see where it goes!
#USDCAD: Two Major Buying Zones, Patience Pays! As previously analysed, USDCAD is expected to decline towards our predetermined entry point. We anticipate a bearish US Dollar for the remainder of the week, which will ultimately lead USDCAD to reach the entry zone. Three distinct target areas exist, collectively worth over 1100 pips. Each entry point, stop loss, and take profit is clearly defined.
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GOLD 30M ANALYSIS (LONG)In this analysis we're focusing on 30Min time frame. If we look in this 30Min chart, we have supply area and demand area. And we have also a minor resistance level. Now what I'm looking for that price move impulsively upside after sweeping all SSL. I'm expecting that price will come back and retest (3310 - 3305) area at least. So keep an eye on these level, confirmation is key.
Second Condition:
If price break above 3332 and close above 3332 with strong momentum than we will plan a buy trade on retracement.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
#XAUUSD 30M Technical Analysis Expected Move.
BTC/USDT Drop to 101k?🧠 High Time Frame Context
Trend: Consolidation within a broad range (support and resistance clearly defined).
Key Psychological Levels:
105,000 USDT – minor level, acting as a magnet in short-term PA.
110,000 USDT – major supply confluence and liquidity target.
🟪 Supply & Resistance Zone
Zone: Marked in purple (108.5k-112k).
Key Observation:
Swing high formed inside this zone, indicating liquidity trap.
Potential fake-out or strong rejection from this area.
Strong confluence with a descending resistance trendline, adding to the selling pressure.
🔵 Fair Value Gap (FVG) & Retracement Targets
FVG identified just below the current price (~103.5k-104.5k).
Price is projected to:
Reject from the current high.
Drop to fill the FVG zone.
Possibly bounce between FVG and Fibonacci retracement levels:
0.5
0.618
0.786
🔴 Volume & RSI Divergence
Volume breakout is noted on the last push down (bottom red annotation), followed by a retrace.
OBV shows bullish divergence with price:
🔻 Support Structure
Lower red trendline is a key long-term support.
Previous swing low aligns with this trendline – buyers showed strong interest here.
If FVG fails to hold, expect a retest of this trendline near 97,000–98,000.
📈 Likely Scenarios
Base Case (Neutral-Bearish):
Price rejects current zone (~107,000).
Pullback into FVG (101–104K).
Bounce to 105K (minor resistance), then decide next direction.
Bullish Breakout:
If price breaks and closes above 110K, it invalidates supply zone.
Opens door to 115–118K range.
Bearish Breakdown:
Fails FVG zone.
Tests previous swing low and support (~97K).
Below that, structure becomes macro bearish.
🧩 Summary
Short-Term: Retracement into FVG likely. Monitor reaction.
Medium-Term: Bearish bias while price is below 110K.
Invalidation for bears: Clean break and hold above 110K.
GOLD Can Turn Bearish Now, After Completing a 50% Retracement!GOLD futures analysis for Wed Jun 26th.
Price reached the -FVGand is reacting to it now.
This, after pulling back tothe 50% fib.
Should the FVG fail, Gold is bullish. This is not
supported by fundamentals, though.
As the market environment is more risk on than
off, I expect the -FVG to hold, and the retracement
of the last impulsive move down to end, and a new
bearish leg to begin.
Enjoy!
May profits be upon you.
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Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
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BankNifty levels - Jun 27, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
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Nifty levels - Jun 27, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
EURUSD Eyes Higher HighsHi there,
The EUR/USD is showing a bullish setup on the 30-minute chart, with two key price targets in focus and an upside bias toward 1.16867.
I’ve seen a completed ABC corrective pattern, followed by a significant low at point D. This suggests that the recent correction may be over. If momentum continues, the pair could rally from current levels, potentially breaking above the previous swing high at point C to form a new higher high.
Immediate resistance levels to watch are 1.16016 and 1.16311, with the main bullish target at the 0.618 Fibonacci extension near 1.16867. If price holds above the recent low and maintains upward momentum, we can anticipate that these targets remain in play.
Happy Trading,
K.
Not trading advice.