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EUR/GBP Breakdown in Play: Time to Target the Next Support Below🔍 Technical Analysis Summary: EUR/GBP (Daily) The pair is in a clear downtrend, with two descending blue trendlines confirming strong bearish pressure. After breaking below key support (now turned resistance), the price is forming lower highs and lower lows, a classic bearish continuation pattern. Currently, price is testing the trendline zone after a steep rejection, indicating renewed selling interest at resistance. Price failed to break above recent structure, validating the short setup further. 📉 Bearish Confluences 1. Descending Trendline The price respects a multi-month downward trendline, rejecting it multiple times — confirming institutional selling interest. 2. Failed Retest of Structure (0.8465) This level acted as prior support and has flipped into strong resistance. Price was rejected upon retesting, validating bearish continuation. 3. Momentum Shift Candlestick structure and shrinking bullish bodies near resistance show fading bullish momentum — favoring sellers. 4. Lower Highs and Lower Lows The chart clearly prints lower highs, indicating continuous bearish structure since early April. ✅ Trade Setup: Short Position • Entry Point 🟡 Current market price around 0.83710–0.83740 after rejection from resistance • Stop Loss (SL) 🔴 Above recent resistance and trendline at 0.84650 • Take Profit 1 (TP1) 🟢 Near recent support zone at 0.83234 • Take Profit 2 (TP2): 🟢 Near major trendline confluence / stronger support at 0.82218 📌 Final Thoughts This EUR/GBP short setup is technically sound: • It aligns with the overall trend • Resistance has been confirmed with rejection wicks and weak bullish candles • Bearish structure and trendline resistance remain intact 💡 Unless EUR/GBP breaks above 0.84650, the bias remains bearish, and this setup favors a continuation toward lower supports.
Short
by SupertradeOfficial
Exploded, gold fell as expected 💡Message Strategy The minutes of the Federal Reserve meeting showed that the risk of rising unemployment and inflation has increased, and the interest rate cut is expected to cool down again. In addition, Trump claimed that the US-Iran nuclear agreement may be reached "in the next few weeks" and warned Israel not to attack Iran for the time being. Hamas claimed that it had reached an agreement with the US Middle East envoy on the outline of the Gaza ceasefire. The risk aversion sentiment cooled down, causing gold to open directly down in the morning. 📊Technical aspects The 1-hour level shows that the short-term gold price expanded its rebound and once formed a trend of stepping back on the hourly 60-day moving average. The current gold price fell again and continued to intensify the overall hourly moving average, which was arranged in a relatively regular downward divergence, maintaining a short-term bearish guidance reference. The current hourly RSI is oversold. The 4-hour level shows that the current gold price has fallen sharply, forming a downward breakthrough trend of the four-hour 60-day moving average, gradually forming a bearish performance of the four-hour indicator, and the four-hour RSI is oversold. There is a strong demand for gold prices to fall in the short term. 💰 Strategy Package Short Position：3250-3260
TVC:GOLDShort
by TheodoreGwc
1
Skeptic | Gold (XAU/USD): Breakout Triggers Set to Pop?Hey everyone, Skeptic here! Let’s fire up this Thursday morning with a fresh Gold (XAU/USD) analysis! 😊 We’re diving into the Daily Timeframe to spot the trend, then zooming into the 4-Hour Timeframe for juicy long and short triggers. Stay with me—let’s get to it! 📊 Daily Timeframe: The Big Picture Gold’s been on a tear, climbing to a high of 3416.19 (it went higher, but I’m using the candle close for faster triggers when we hit those levels :)). Now, we’re in a correction phase, forming a downward channel . This correction has been solid, dropping to the 0.5% Fibonacci retracement. What’s cool about this channel is how cleanly it’s reacting to the ceiling, floor, and midline, making it super valid for us. A break of either the ceiling or floor could give us some killer triggers. But since we’re in a correction, it’s smart to dial back risk on all positions. Lowering risk can mean taking profits quicker, shrinking position sizes, tighter stop losses, or a mix of these to keep your account safe. 4-Hour Timeframe: Long & Short Setups Now, let’s get to the 4-hour chart for our long and short triggers. 📈 For longs, we’ve got two setups. The first is a bit risky since we haven’t confirmed the downward channel breakout yet—it’s a preemptive move. You can go long after breaking the resistance at 3366.71 . Our main long trigger, though, is a break above 3416.19 , which also cracks the channel’s ceiling and sets us up for new all-time highs. If you catch this one, don’t rush to take profits too fast—let it run! 📉 For shorts, a break below support at 3249.68 opens the door, with RSI hitting oversold as a solid confirmation. But since this goes against the major uptrend, it’s risky—take profits early and keep position sizes small to stay safe. :) 💬 Let’s Talk! If this analysis sparked some ideas, give it a quick boost—it means a lot! 😊 Got a pair or setup you want me to dive into next? Drop it in the comments, and I’ll tackle it. Thanks for joining me—see you in the next one. Keep trading smart! ✌️
FXOPEN:XAUUSD
by SkepticWise
1
Skeptic | SPX 500 Update: Bullish Breakout Brewing?Hey everyone, Skeptic here! It’s been a while since we’ve checked in on the SPX 500 , but the market’s now flashing a killer long opportunity with a high R/R—don’t miss this one! 😊 Stay with me to the end for the full breakdown. Let’s dive into the Daily Timeframe to set the stage. 📊 Daily Timeframe: The Big Picture The SPX 500 pulled off a deep correction , dropping from a high of 6154.64 to lows around 4810.39 with some wild shadows that caught everyone off guard. But now, it’s firing up with fresh momentum, carving out higher highs and higher lows that scream bullish strength. The corrections in this new uptrend are super shallow and flow with the trend—exactly what we want to see! After hitting resistance at 5961.82 , we’ve had a slight pullback, but it looks like this correction is wrapping up, and we’re on the verge of the next big uptrend leg. Let’s zoom into the 4-Hour Timeframe to hunt for long and short triggers. 4-Hour Timeframe: Long & Short Setups On the 4-hour chart, the correction shaped up as a descending trendline . We broke it, pulled back, and now we’re primed to crack 5895.39. A breakout above this level is our main long trigger. To get more precise, let’s check the 1-Hour Timeframe. For the long setup , a clean break above 5896.34 gets us in the game. This move also busts through P.P. Level 1, giving us solid confirmation, and we could ride the wave up to P.P. Levels 3 or 4, targeting 5930.83 to 5956.97 . Those are prime spots to lock in some profits, but don’t close the whole position—since we’re trading with the trend, we can hold for more upside. For shorts, I’ve got nothing. Going against this bullish momentum would be pure madness! I’d wait for a sharp drop below support at 5849.67 before even considering short triggers, but right now, there’s zilch. 💬 Let’s Talk! If this update sparked some ideas, give it a quick boost—it means a lot! 😊 Got a pair or setup you want me to tackle next? Drop it in the comments. Thanks for hanging out— let’s grow together and remember: Weathermen forecast. We trade! :))) ✌️
SPREADEX:SPXLong
by SkepticWise
1
GBPUSD InsightHello to all our subscribers. Please feel free to share your personal opinions in the comments. Don’t forget to like and subscribe! Key Points - NVIDIA’s Q1 earnings exceeded expectations. Despite export restrictions to China under the Trump administration, NVIDIA performed strongly, boosting risk appetite in the markets. - The May FOMC meeting minutes confirmed that Fed officials will maintain a wait-and-see approach in conducting future monetary policy. - A U.S. federal court ruled that the Trump administration’s “reciprocal tariffs” are invalid, stating, “The tariff order is nullified and permanently prohibited,” and ordered a cancellation of all tariffs collected thus far. This Week’s Key Economic Events + May 29: U.S. Q1 GDP + May 30: U.S. April Personal Consumption Expenditures (PCE) Price Index GBPUSD Chart Analysis As anticipated, a peak formed around the 1.35500 level, followed by a downward trend. A mid- to short-term downtrend is likely from the current range, with the next potential low expected near the 1.32000 level. However, if the price unexpectedly breaks above the 1.36000 level, the high could extend toward the 1.40000 level, indicating a shift toward a bullish trend.
Short
by shawntime_academy
Crude oil rebounds after encountering 60 support 📊Technical aspects Due to concerns that global supply growth may exceed demand growth, WTI prices fell slightly and rebounded slightly after hitting the 60 mark. From the daily chart level, the medium-term trend moving average system suppresses the rebound of oil prices, and the medium-term objective trend direction is downward. After the oil price hit the low of 55.20, the frequent alternation of long and short formed, and the embryonic form of the falling flag relay appeared from the shape. Pay attention to the strength of the oil price testing the upper edge of the flag. It is expected that after the medium-term trend fluctuates, it will still rise to the 64 position. The short-term (1H) trend of crude oil fell and touched the key support of 60, then rose slightly. The moving average system turned to divergent upward arrangement, and the short-term objective trend direction was upward. The MACD indicator fast and slow lines crossed the zero axis, and the bullish momentum was sufficient. It is expected that the trend of crude oil will continue to rise during the day, and the probability of breaking through the 63 resistance and moving upward is relatively high. 💰 Strategy Package Long Position: 60.5-61.5
TVC:USOILLong
by TheodoreGwc
1
Vistry Group, Rolling Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Vistry Group, Rolling Stock Quote - Double Formation * (Target Entry Or Gap Fill)) | Completed Survey * Wave Feature - *Ongoing Wave 3 | Subdivision 1 - Triple Formation * Retracement Area 2x 0.5 & 0 | Subdivision 2 * (TP1) | Subdivision 3 * Daily Time Frame | Trend Settings Condition - (Hypothesis On Entry Bias)) | Regular Settings - Position On A 1.5RR * Stop Loss At 445.00 GBP * Entry At 635.00 GBP * Take Profit At 920.00 GBP * (Uptrend Argument)) & No Pattern Confirmation * Ongoing Entry & (Neutral Area)) Active Sessions On Relevant Range & Elemented Probabilities; European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
SPREADEXSB:VTYLong
by TradePolitics
Wayfair | W | Long at $34.62Wayfair $NYSE:W. Recession fears are valid. But long-term, once this company becomes truly profitable, this will be a multi-bagger. I won't go on much about the fundamentals because there are too many economic unknowns ahead, but from a technical analysis perspective, the historical simple moving average lines/area is repeatedly converging with the price and leveling out. Often, this means a change in directional momentum. There are no more open price gaps below the current price on the daily chart. Thus, at $34.62, NYSE:W is in a personal buy zone. Note: The price entering the teens in the near-term is a possibility. Targets: $40.00 $50.00
NYSE:WLong
by WorthlessViews
The volatility is an illusion, and gold is brewing major changesGold fluctuated downward in the Asian session on Friday, while it remained in the range of 3287-3303 in the European session. Although it tried to break through the short-term pressure level of 3300-3306 many times, it has never been able to stand firmly. I arranged to go long at 3288-3289 in advance, notified to enter the market at the point, and finally reached the target of 3303 perfectly, earning 15 points of profit! Quick, accurate and ruthless, with the right idea, profit-taking is as easy as drinking water! Therefore, it is recommended that we continue to pay attention to the short-term support of 3290-3285 below. If the price fails to break through the support range like in the early trading, you can consider trying to enter the long position. Given that today is Friday, the market volatility may be "demon-like", so you need to be extra cautious in operation and pay close attention to the changes in the market. At the same time, you must keep in mind the principle of "taking profits for safety"-lock in profits in time when you can see them, and don't easily bet on trends that you don't understand. If your current gold operation effect is not ideal, I hope my analysis can help you avoid some detours. Welcome to communicate at any time! Today, the monthly, weekly and daily lines closed simultaneously. At the same time, the PCE data will be released during the US trading session, and the market volatility may intensify. From a technical point of view, 3285 is also the key to long and short today. If gold does not break 3285 today, the strength of gold bulls is expected to continue, and there is still room for gold to move upward. If gold continues to fall and falls below 3285, then gold may begin to fluctuate in a large range. The upper resistance is in the 3320-3330 area, and the focus is on the 3335-3340 line of suppression. Pay attention to the 3290-3285 line of support below, and the key position below is in the 3280 area. If it breaks below the 3280 area during the day, the market is expected to fall again to the 3265-3250-3240 area.
OANDA:XAUUSDLong
by TP_Daniel5
European session focuses on 3312 to accelerate the opening of th Today, I still treat it as bearish. The market rebounded to 3322 and then started to fall, which is different from our expectations. The retracement and decline accelerated after breaking 3312. The current lowest is 3290. The main bearish idea is correct, but there is still room for decline. Now let me tell you about today's risk data! On Friday, the U.S. Bureau of Economic Analysis will release the personal consumption expenditure (PCE) price index for April. As the most favored inflation indicator of the Federal Reserve, the year-on-year change of the core PCE price index has a greater impact on policymakers. If the data is released today, the core PCE price index in April will rise faster than expected. The direct reaction of the market may lead investors to prefer the policy interest rate to remain unchanged in July. In this case, the US dollar may gather strength, causing gold prices to fall before the weekend. A view on the trend of gold in the European session Gold opened today with a maximum rise of 3322 and then started to fall. As of now, the lowest price has retreated to 3290. At present, it is not ruled out that gold will fluctuate widely, but my view on the trend is still biased towards the short side. Today's accelerated opening is at 3312. The current rebound strength still depends on the strength of the European session. In the European session, we should first focus on the 3312 line. If there is pressure, we will still look down to 3280! Otherwise, we have to test the high point of the opening above. But if the European session directly breaks through the 3280 line, there is still room for decline, and the support is at the 3260-50 line. In addition, today is the last day of the monthly line closing, and the range of fluctuations has not yet left. If there is no suitable entry opportunity, just wait patiently. In my personal opinion, if the closing is below 3320, June is still short for the time being. Gold: Short near 3212, defense above 20, target 3280, break to see 60 line!
TVC:GOLDShort
by Yuliya1l11
Deere & Company Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Deere & Company Stock Quote - Double Formation * (Uptrend Argument)) | Completed Survey * (Upper Band)) #1 - *470.00 USD | Subdivision 1 - Triple Formation * (Wave feature)) - *12345 Wave Cycle | Subdivision 2 * (TP1) | Subdivision 3 * Daily Time Frame | Trend Settings Condition - (Hypothesis On Entry Bias)) | Regular Settings - Position On A 1.5RR * Stop Loss At 480.00 USD * Entry At 502.00 USD * Take Profit At 534.00 USD * (Uptrend Argument)) & No Pattern Confirmation * Ongoing Entry & (Neutral Area)) Active Sessions On Relevant Range & Elemented Probabilities; European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
PEPPERSTONE:DELong
by TradePolitics
EURUSD: weekly overviewTake FOMC meeting under observation, the US GDP is also a really important news. The indicated levels are determined based on the most reaction points and the assumption of approximately equal distance between the zones. Some of these points can also be confirmed by the mathematical intervals of Murray. You can enter with/without confirmation. IF you want to take confirmation you can use LTF analysis, Spike move confirmation, Trend Strength confrimation and ETC. SL could be placed below the zone or regarding the LTF swings. TP is the next zone or the nearest moving S&R, which are median and borders of the drawn channels. ******************************************************************* Role of different zones: GREEN: Just long trades allowed on them. RED: Just Short trades allowed on them. BLUE: both long and short trades allowed on them. WHITE: No trades allowed on them! just use them as TP points
Long
by AliSignals
Gold PCE data outlook 💡Message Strategy Gold remained under pressure today, hovering around the $3,300 mark, mainly affected by the mild rebound of the U.S. dollar. As gold prices are highly sensitive to the U.S. dollar, a stronger dollar usually suppresses demand for gold. However, gold still remains above this week's low, indicating that there is still a lot of room for further decline. Tim Waterer, chief market analyst at KCM Trade, said: "The market is hesitant to establish new gold long positions before the release of the US core PCE." The market currently expects the Federal Reserve to cut interest rates by 50 basis points by the end of this year, and the first rate cut may begin in October. 📊Technical aspects From a technical perspective, gold prices have been frustrated at the $3,320 resistance level, with a short-term bias to the downside. The momentum indicator on the 4-hour chart has turned negative, supporting gold prices to further test the $3,280 support level. If it fails, it may fall to the previous day's low of $3,250. If it breaks further, it may fall to the key psychological support of $3,200. The rebound of the US dollar has put some pressure on gold, but the weak support of gold prices still shows a clear decline. Considering the rising geopolitical risks and the uncertainty of US policies, the market tends to maintain a short position in gold. 💰 Strategy Package Long Position:3295-3300
TVC:GOLDShort
by TheodoreGwc
1
BTC Daily Breakdown – Major Uptrend BreachedBitcoin has now closed below the multi-week ascending trendline on the daily chart — the same trendline that defined the entire Phase D markup structure. ⸻ 🔍 Breakdown Highlights: 📉 Daily Close: 107,764 → well below trendline ✅ 🔻 Volume: 18.42M (near 20-day average) → not a panic candle, but confirms exit ✅ 📉 Fibonacci Cluster: 0.5 (107,093) and 0.618 (105,495) now in play ✅ ⚠️ RSI (14): 61.14 → still neutral, but diverging from price ❗ 🧱 Next supports: • 106,146 = BB basis • 105,821 = BC Pole End • 104,000 = Point of control from volume profile ⸻ 🧩 Structural Impact (Wyckoff View): • ❌ Trendline break = Phase D invalidated • ❌ No breakout above ATH (109,852) after 3 attempts • 🟠 Still not fully invalidated — if 105.8K holds, Spring-like scenario still possible • 🔻 Close below 105.8K = Phase C fails → transition into Redistribution ⸻ ⚠️ What to Watch Next: • Bounce from 106.1–105.5K with volume could offer one last recovery setup • A close below 105.8K confirms structural invalidation ⸻ 🧠 Final Take: The trendline break is real. Bulls need to defend the Fibonacci cluster + BC base around 105.8K. If that gives way, this becomes a failed reaccumulation and BTC risks a deeper structural rotation. #Bitcoin #BTCUSDT #Breakdown #Trendline #TechnicalAnalysis #Wyckoff #BTC #CryptoMarkets #BTCdaily
BINANCE:BTCUSD.PShort
by BitcoinMillio18
Bitcoin's Breakout Fizzles: Is a Major Reversal in Play...?Bitcoin Technical Analysis – In-Depth Breakdown Over the past two months, Bitcoin has exhibited a strong bullish trend, appreciating by approximately 51%. The sustained rally was primarily driven by bullish momentum, increased investor confidence, and broader market sentiment. Recently, Bitcoin broke through its all-time high (ATH) of 106,500, surging to a new peak near 112,000. However, this breakout was short-lived as the price failed to sustain above this level, indicating significant profit-taking activity by traders and long-term holders. This inability to hold the ATH region highlights a potential liquidity pocket where sell orders accumulate, resulting in a rejection wick and a subsequent reversal. From a Technical perspective: The price has now fallen back below 106,500, turning this key level into a major resistance zone. Historically, once a strong resistance level (like an ATH) is breached and subsequently reclaimed, it often acts as a formidable barrier to upward price movement unless there’s renewed bullish momentum. Additionally, Bitcoin has broken its ascending trendline (drawn from the lows of the uptrend) and has already retested this trendline from below. The retest was successful in confirming the breakdown, which further strengthens the bearish bias. The price structure is now forming a potential lower high pattern near the 106,500 resistance. This could signal a shift in market sentiment from bullish continuation to consolidation or correction. In terms of market psychology, the all-time high region represents a crucial psychological barrier. Traders and investors often exhibit heightened caution near such levels. Many choose to lock in profits due to fear of a double top or a false breakout. This behavior can create increased volatility, especially when combined with institutional and retail order flows. Trading Strategy and Risk Management Given the technical breakdown and the psychological factors at play: ✅ A short position can be considered, particularly around the 106,500 resistance, with confirmation from the trendline retest. ✅ However, exercise caution due to the high volatility typically observed near ATH levels. Whipsaws and fakeouts are common as both bulls and bears battle for control. ✅ Avoid high-leverage positions unless you have a strict stop-loss in place. Ideally, place the stop-loss just above the 106,500 - 107,000 zone, where a decisive breakout would invalidate the short setup. ✅ For profit targets, initial supports are seen around 100,000 - 98,000, and a deeper correction could test the 94,000 - 92,000 zone. ✅ Wait for clear confirmation, such as a strong bearish candle on the retest of the resistance, before entering the trade.
Short
by Kartik_Elkunchwar
XAUUSD buying opportunitiesToday, I am adapting to low buy operation again. Yesterday, the lowest price in New York market reached 3278, and today the lowest price in Asian market hit the low near 3245. But with the addition of buy orders, the profit has expanded a lot again. XAUUSD market quotation is 3298. This position can still be arranged for buying. Do not trade independently. Remember to leave me a message. Pay attention to the subsequent precise trading opportunities.
OANDA:XAUUSDLong
by Band_analysis