AAPL | Apple Stock | Three Drives Down PATTERNThe Three Drives / Three Dives Down pattern is usually short term bearish , but near term and long term bullish .
Previously, we saw a -32% correction. This time, it could be a little higher if we consider the previous neckline support:
The only way I see this paying out differently, is if the price captures the current resistance zone, and CLOSES above it:
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NASDAQ:AAPL
Trend Line Break
BAJELBAJEL seems a perfect candidate for very short term momentum play. Showing Inverted H&S pattern breakout with decent volume. We may see 18-20% rally from this breakout level. Pattern may confirm pause in recent fall and now showing strong reversal from here. 178 is very strong support. Risk reward is in favor!
GOLD → Retest resistance before fallingFX:XAUUSD is forming a correction and retesting a strong resistance and liquidity zone within a downtrend. The global trend is one step away from a reversal...
Gold stabilized ahead of the release of US inflation data. After falling 3%, gold is holding steady at around $3,200, consolidating against a weaker dollar. Investors are awaiting US CPI data, which could set a new direction.
Optimism about the US-China trade agreement, geopolitical détente, and profit-taking on the dollar are holding back the price decline. The market is assessing how inflation data will affect Fed policy and demand for safe-haven assets.
Globally, the market doubts that the upward trend will continue, and there are reasons to look for points from which the price could start to fall sharply...
Resistance levels: 3269, 3284
Support levels: 3246, 3200, 3167
The news may cause a shake-up, but if there are no surprises, a false breakout of 3260-3270 and consolidation of prices in the selling zone could trigger a decline to 3200-3150.
Best regards, R. Linda!
SUIUSDT → False breakdown of support before growthBINANCE:SUIUSDT has entered a consolidation phase within a bullish trend. The chart shows a zone of interest and a trigger area that are worth paying attention to...
The coin looks quite positive. An upward trend is forming, which is also supported by the growth of Bitcoin and a relatively positive fundamental background.
Technically, SUI is consolidating between 4.110 and 3.811. Below the support level, a huge liquidity pool has formed, which has not yet been tested. There is a high probability of a false breakdown before the growth continues, but if the market turns out to be more aggressive, buyers may not let the price fall to 3.811, in which case we can consider a breakout of the resistance at 4.11-4.275 and consolidation of the price above these levels with the aim of continuing growth.
Support levels: 3.811, 3.667
Resistance levels: 4.11, 4.275
The movement of Bitcoin shows that the market is gathering liquidity as part of a local correction against the backdrop of a bullish trend. Yesterday, we all witnessed a local liquidation, but there are no reasons for a decline yet. SUI, in an ideal scenario, may test support at 3.811 and form a false breakdown before continuing to grow.
Best regards, R. Linda!
KPIGREENKPIGREEN has posted solid numbers. Technically on trendline breakout. now if it crosses and closes above 448 then it may take a new ride from here. 30-35% from here is very much possible provided that 400 it hold 400 support! Volume also increased in last few sessions. But Close above 448 is very important.
Tesla - The Next 7 Days Decide Everything!Tesla ( NASDAQ:TSLA ) is sitting at a crucial structure:
Click chart above to see the detailed analysis👆🏻
Despite the -60% correction which we have been seeing over the past couple of months, Tesla still continuously validates its overall uptrend. That's exactly the reason for my strong bullish thesis and the assumption, that after we see bullish confirmation, Tesla will reject the current support area.
Levels to watch: $250, $400
Keep your long term vision,
Philip (BasicTrading)
EURJPY → Storming the resistance. Ready for the rallyFX:EURJPY is rising amid a stronger dollar and positive news about the de-escalation of the trade war. The currency pair is storming the resistance of the range.
The currency pair is forming a retest of resistance. A breakout and consolidation above 164.19 - 164.50 could support the market amid the dollar's growth.
The dollar is strengthening after positive news related to the de-escalation of the trade war. Against this backdrop, the Japanese yen is losing ground, which is generally affecting EURJPY.
A move above the key level will confirm a breakout of the resistance of consolidation, which could trigger a distribution phase...
Resistance levels: 164.19, 166.7
Support levels: 163.15, 162.38
The price has already entered the buying zone, meaning that resistance has been broken. All that remains is to wait for confirmation that the bulls are ready... Consolidation above 164.19 - 164.5 will confirm this, and in that case, we can expect distribution towards 166.7.
Best regards, R. Linda!
BITCOIN → Consolidation before the rally. 106K - 110K?BINANCE:BTCUSDT , after breaking out of consolidation at 97,860 and distributing to 104,300, has returned to a consolidation phase, which is generally a positive sign for possible continued growth.
The growth of Bitcoin is linked to several reasons:
General improvement in the global market situation — easing of trade conflicts; Expectations of a US Fed rate cut; Influx of investment into Bitcoin ETFs
Technically , we see the price breaking out of its local downtrend and entering a strong distribution phase. The northern train continues to pick up passengers.
At this stage, I would like to draw your attention to the consolidation at 104300 - 102300. A rebound from resistance is currently forming, and we need to monitor the levels of 103300 - 102300 - 101700. These are quite important areas of interest. A false breakdown (liquidity capture) may form before further growth. A return to resistance and the formation of pre-breakout consolidation, for example between 104300 and 103300, will only increase the chances of a breakout of resistance and growth to 106-107K.
Resistance levels: 104300
Support levels: 103300, 102300, 101700
The trend is bullish, with Bitcoin consolidating. The coin is not going to fall (at the moment), but to build up potential, the price may form a false breakdown of support (a deceptive maneuver) before continuing to rise. Retesting the 104300 level could lead to a breakout and upward distribution.
Best regards, R. Linda!
ETHUSDT Breakout & Retrace: Watching the $2,200 Buy Zone!Hey Traders,
In today's session, we're keeping a close eye on ETHUSDT for a potential buying opportunity around the $2,200 zone. After trending downward, Ethereum has successfully broken out of its downtrend and is now undergoing a correction. It’s currently approaching a key support/resistance area at $2,200, which could act as a strong retracement level.
As always, trade safe.
Joe
GOLD → Return to range. Fall from resistance...FX:XAUUSD is reacting to data related to the tariff war. The price is returning to the range and forming a false breakout of resistance. The level of 3370 and the zone of interest at 3387 play a key role.
On Thursday, gold rose to $3,400 amid a weaker dollar, increased demand for safe-haven assets, and continued uncertainty due to US trade policy and tensions in the Middle East and Ukraine. The Fed left rates unchanged and expressed caution in its assessment of the outlook, which also supports gold's rise.
However, in the European session, we are seeing gold react to the trade deal with Britain, most likely due to the easing of tariffs. Now the main focus is on the terms of the deal. We should not forget about China, where the situation remains tense, but everyone is waiting for a resolution.
Resistance levels: 3352, 3369, 3385
Support levels: 3319, 3269
The fundamental backdrop changes several times a day. At the moment, the situation is as follows: the rise of the dollar, the weakening of the tariff war, and the hawkish stance of the Fed may put pressure on gold. Therefore, I expect the decline to continue after a retest of 3370-3386. In this case, the target could be 3319.
Best regards, R. Linda!
SOLANA → Resistance level and free zone for growth up to 180.0BINANCE:SOLUSDT.P is holding steady and consolidating near the resistance level of the global price range of 152.85–111.85. Thus, the market has signaled that it is in a positive mood. A trigger is ahead...
SOL is forming a flag consolidation near the upper border of the trading range of 152 - 111, which indicates the accumulation of pre-breakout potential. A breakout from the flag, a break of resistance, and consolidation above 152.85 could provide support and growth. The cryptocurrency market is reviving after yesterday's news and relatively positive data in the tariff war. Countries are gradually beginning to agree, which is generally supportive for the crypto market.
Resistance levels: 152.85
Support levels: 144.6, 141.2
A breakout of the resistance range of 152.85 and consolidation of the price above this level will confirm the readiness for further growth. Further on, there is a free zone and the price can easily reach 180.00.
Best regards, R. Linda!
ETH BreakoutDown‑trend break
A sharp, high‑volume candle has punched through the descending trend‑line, giving a clear bullish break of structure.
Resistance → Support flip
The 2 100‑2 150 USDT band that capped price earlier is now a potential support zone. A brief retest that holds would keep the bullish scenario intact.
First objective: 2 500‑2 550 USDT
Liquidity sits there (horizontal line on your chart). It’s a logical partial‑take‑profit area.
Expected pullback
The arrow sketches a throwback toward 2 350‑2 400 USDT to form a higher low after the breakout.
Second objective: 2 800‑3 000 USDT
3 000 is a psychological level and aligns with a higher supply zone. If that breaks, the broader 3 300‑3 600 USDT grey box comes into play.
Invalidation
A 4‑hour close back under ~2 100 USDT or a move below the broken trend‑line would kill the bullish thesis.
The arrow shows a classic breakout → retest → continuation roadmap. As long as ~2 100 USDT holds, it’s a reasonable bullish path—but keep tight risk management in case the retest fails.
Why I'm Bullish on the DXY: A Fundamental Approach!Powell continues to take a cautious tone, emphasizing a wait-and-see approach while acknowledging rising inflation risks, which suggests there's no urgency to cut rates. This leans slightly hawkish, especially compared to the market’s more dovish expectations, and could support some near-term Dollar strength. However, a more sustained move in the USD likely hinges on progress in upcoming trade discussions—particularly with China. Today's FOMC outcome is just one part of the broader picture; the next key signal may come with developments in the coming days. For now, the bias remains USD bullish heading into the London session.
Technically, the DXY has broken its downtrend, signaling a potential shift in momentum. I’ll be watching for a possible retracement toward the 99.700 area, which could serve as a key support level before any further upside continuation.
GOLD → The rally has given way to a correction. News aheadFX:XAUUSD is rising amid a challenging geopolitical environment. During the Asian session, a correction to the zone of interest (0.5 Fibonacci) is forming. The situation is quite complex and tense.
On Tuesday, the metal strengthened to 3433 due to tensions in the Middle East, but during the Asian session, gold fell sharply due to optimism surrounding the upcoming US-China trade talks, the strengthening of the dollar, and profit-taking ahead of the Fed's decision.
Investors are waiting for Powell's speech, which will determine the future of interest rate policy.
Despite the decline, gold is supported by ongoing geopolitical risks in the Middle East, Eastern Europe, and South Asia.
Theoretically, if the bulls keep the price above 0.5 Fibonacci, the growth may continue to 3439, as the price has not yet reached the liquidity zone.
Resistance levels: 3439
Support levels: 3369, 3352
However, unpredictable data could trigger a return of the price to the range and a correction to 3323-3300. Risk is posed by upcoming news: FOMC, Powell's speech, and the rate meeting. The Fed's hawkish stance could put pressure on gold...
Best regards, R. Linda!
NZDCAD → Intra-range trading. Retest of resistanceFX:NZDCAD is strengthening within a neutral trading range. The currency pair is supported by the dollar's correction, but how long will this last? Ahead of us are the FOMC meeting and Powell's speech...
The focus is on the trading range within which the currency pair continues its local trend. Liquidity around the 0.8317 level is attracting the price. The correction of the dollar is having a positive effect on the NZD. However, news is ahead, and traders are expecting a hawkish stance from the Fed. Against this backdrop, a reversal may occur...
Since the currency pair is in a neutral range, there is a high probability of a false breakout and correction.
Resistance levels: 0.83175
Support levels: 0.82644, 0.8235, 0.8225
The liquidity zone is likely to stop the price (temporarily or reverse it). Further movement depends on fundamental sentiment, but based on rumors about the Fed's position, it is worth carefully analyzing what data the market will receive this evening. A tougher Fed policy or hints of one could strengthen the dollar and weaken currencies...
Best regards, R. Linda!
Nasdaq - Printing The Obvious Bottom!Nasdaq ( TVC:NDQ ) already finished the correction:
Click chart above to see the detailed analysis👆🏻
After we witnessed a minor "crash" of about -25% over the past couple of weeks, the bottom might be in on the Nasdaq. We simply saw another very bullish all time high break and retest and depite the possibility of a second retest, I am (still) extremely bullish at these levels.
Levels to watch: $17.000
Keep your long term vision,
Philip (BasicTrading)
Litecoin Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring LTCUSDT for a selling opportunity around 85 zone, Litecoin was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 85 support and resistance area.
Trade safe, Joe.
GOLD → An amazing recovery. Up to 3400?FX:XAUUSD continues to strengthen, testing resistance in the range, with buyers not giving up. The price breaks through the flat line and enters the buying zone; everything depends on the bulls...
Gold is rising for the second day in a row amid a weak dollar, increased demand for safe assets, and escalating conflicts in the Middle East and Eastern Europe.
Market nerves are being stoked by trade risks and instability in Asia, while investors await the Fed's decisions and Powell's speech.
GOLD is breaking out of its neutral range. Focus on 3369 and local resistance at 3381. The fundamental backdrop is favorable for gold. If buyers hold their ground above the indicated levels, the price may continue to rise.
Resistance levels: 3369, 3381, 3408
Support levels: 3352 (0.5f), 3330
I do not rule out the possibility of a retest of the local liquidity zone (long squeeze) at 3352 (0.5f) before continuing to rise. But at the moment, the focus is on 3369-3370, which are key levels (currently acting as support).
Best regards, R. Linda!
VIRTUALUSDT → Rebound from resistance. Trend break, U-turn?BINANCE:VIRTUALUSDT.P is pausing within an uptrend and forming a range within which signals of a possible reversal and decline are appearing.
Bitcoin is pausing its rally and moving into correction. This is a negative development for altcoins, which will not grow without the flagship.
VIRTUAL is consolidating, but pressure is building in the market (as can be seen from the cascade of resistance levels within the range). Another prerequisite for a breakdown of the market structure is a downward exit from the upward channel (a break of the trend support). Another retest of support at 1.581 could trigger a breakout and a fall. There is a fairly free zone below, and the nearest target is located in the 1.178 zone.
Resistance levels: 1.72, 1.829
Support levels: 1.581, 1.416, 1.178
Focus on the current range of 1.581 - 1.829. The chart shows that the price continues to storm and test support, which is an important signal against the backdrop of a broken uptrend. A break of support at 1.581 and consolidation below this level could trigger liquidation and a fall to the fvg zone or the liquidity zone at 1.178.
Best regards, R. Linda!
USDCAD → Storming the support level to break throughFX:USDCAD continues to storm support within the trading range amid a global downtrend
The currency pair is within the range, but the battle for support continues. The reaction to false breakouts is weakening and the price continues to attack the 1.378 level, which only increases the chances of a further decline
The dollar is rebounding from resistance and beginning to fall, which is having a corresponding effect on USDCAD. If the currency pair breaks 1.378 and consolidates below the level, this could trigger a continuation of the trend after consolidation...
Resistance levels: 1.381, 1.383
Support levels: 1.378, 1.374
Focus on the lower boundary of the trading range at 1.378. The role of the range is consolidation against the backdrop of a downtrend. Thus, a breakout of support will activate the distribution phase
Best regards, R. Linda!
Gold Breakout and Potential RetraceHey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 3300 zone, Gold was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 3300 support and resistance area.
Trade safe, Joe.
GOLD → Gold not ready to fall? What's going on?FX:XAUUSD is forming a local bottom and is not ready to continue falling. The price is breaking through the downward resistance amid a weakening dollar and a complicated fundamental backdrop.
At the beginning of the week, the price of gold stabilized above $3,250 as investors returned to defensive assets due to ongoing uncertainty surrounding US trade agreements with China and Japan, as well as growing geopolitical tensions in the Middle East and Ukraine.
The weakness of the dollar ahead of the Fed meeting and declining expectations of a rate cut are also supporting demand for gold. The focus remains on US trade news and the possible hawkish tone of the Fed this week.
Technically, the price is testing the bottom of the range as resistance. If there is no reaction to the false breakout and the price continues to storm 3268, then a breakout and consolidation above the level will allow it to strengthen to 3292-3314.
Resistance levels: 3269, 3294, 3314
Support levels: 3243, 3222, 3204
The price is forming a second retest of 3269 since the session opened. Buyers are testing resistance for a breakout. If the bulls break 3269 and consolidate above 3270, the chances for growth will be good. I do not rule out the possibility of a retest of the liquidity zone at 3243 before growth.
Best regards, R. Linda!