GBP/USD Under Pressure Ahead of US CPI & Fed Signals (11.07.2026GBP/USD has broken below a rising wedge structure after rejecting a major resistance zone near 1.34375–1.34515, indicating weakening bullish momentum. Price is attempting a minor pullback toward the broken trendline, but sellers remain in control while trading below resistance. If the rejection continues, the pair could extend lower toward the next key support levels, keeping the short-term outlook bearish unless buyers reclaim the resistance zone. FX:GBPUSD
(SELL)
🔴 1st Support : 1.33389
🔴 2nd Support : 1.33070
🟢 Resistance Zone : 1.34375 – 1.34515
📅 High Impact Events :
13 Jul 2026 – BoE Chief Economist Huw Pill Speech
14 Jul 2026 – US Core CPI (June)
15 Jul 2026 – US Producer Price Index (PPI)
⚠️ Disclaimer : This analysis is for educational purposes only.
Support the idea 🚀 Boost | 💬 Comment | 🔁 Share
🔸🔸 Charts Don’t Lie, Traders Don’t Quit 🔸🔸
Community ideas
AI Trading - BTCUSDT H1 - awaiting breakout from consolidation zThis idea comes from a trading strategy shared by a member of the AI Trading Discord community by Code2trade. The AI read and understood the member's strategy and marked it up automatically on the chart.
Strategy
Draw the price accumulation/consolidation zone; when price breaks out, buy or sell in the direction of that breakout.
Analysis
BTCUSDT has been consolidating tightly in the roughly 63,980-64,310 zone for the last ~13 candles (07-10 21:00 to 07-11 09:00), with a very narrow range and no candle closing clearly outside it yet. The latest closed candle finished at 64,167.34, still inside the consolidation range, so there is no confirmed breakout per the strategy rule. Confidence is therefore insufficient to call long or short - waiting for a clear close above 64,310 (bullish breakout) or below 63,980 (bearish breakout) with confirming volume before entering.
Not financial advice.
USDJPY: Fears of BOJ intervention could push USDJPY lowerUSDJPY: Fears of BOJ intervention could push USDJPY lower
Some of our members asked me about USDJPY, so I am re-posting this analysis on the 60-minute timeframe.
From a technical perspective, USDJPY has nothing to bearish.
There is not even a bearish pattern.
Why might it fall again?
The top formed at 162.85 shows that USD/JPY reached a 38-year high. It has never been in that area before. After testing this area, the BOJ initiated a small Forex intervention by lowering the price to 160.50.
Once again, the market is waiting for a possible BOJ intervention considering that they already showed interest near 162.85 and stopped the price there. This could be the only reason for USDJPY to fall... fear of BOJ intervention in the currency.
From a technical perspective, it remains only bullish.
You can find more details on the chart.
Thank you and good luck! 🍀
⚠️PS: Do your own analysis and use your own strategy to join the trade.
❤️ If this analysis helps your trading day, please support it with a like or comment ❤️
Bitcoin Faces Multiple Bearish Signals — Can Bulls Hold $65K?Over the past couple of days, as the S&P 500 ( CAPITALCOM:SPX500 ) attempted to climb higher, Bitcoin ( BINANCE:BTCUSDT ) followed that rally and moved up as well. As I mentioned in previous ideas, Bitcoin has shown a strong correlation with the U.S. stock indices in recent months, especially the S&P 500.
Right now, Bitcoin is trading within a resistance zone($64,750-$63,700), Cumulative Short Liquidation Leverage($65,240-$64,850), and also near a Potential Reversal Zone(PRZ) as well as a Time Reversal Zone(TRZ).
From an Elliott Wave perspective, it looks like Bitcoin is still completing its main wave 4. More precisely, the structure of this main wave 4 appears to be a Double Three Correction (WXY). The main wave 4 could also complete within a descending channel, although the second top inside that channel hasn't been confirmed yet. Still, that remains a potential area for wave completion.
During the recent rally, we can clearly see a negative divergence between price and volume. In other words, while price kept rising, volume started to decline, and we also have negative Regular Divergence(RD-) on the indicators.
Since my outlook on both the DXY index ( TVC:DXY ) and U.S. 10-Year Government Bond Yield ( TVC:US10 ) remains bullish, a continued uptrend in these indices could put downward pressure on risk assets such as Bitcoin. If the DXY continues to strengthen while liquidity conditions remain unfavorable, Bitcoin may struggle to sustain higher prices and could face another corrective move.
Given that the S&P 500 is near its all-time high and may correct, I expect Bitcoin to start a downward move from the PRZ and TRZ. At least down toward the Cumulative Long Liquidation Leverage($62,780-$62,380). If bearish momentum strengthens, we might even see a move toward the support zone($62,000-$60,750).
First Target: Cumulative Long Liquidation Leverage($62,780-$62,380)
Second Target: Support zone($62,000-$60,750)
Third Target: Cumulative Long Liquidation Leverage($58,300-$57,700)
Stop Loss(SL): $66,220
Cumulative Short Liquidation Leverage: $68,650-$67,500
Cumulative Long Liquidation Leverage: $61,440-$60,800
Cumulative Long Liquidation Leverage: $58,300-$57,700
CME Gap: $54,545-$52,980
Note: A key level Bitcoin must break for further decline is $62,800.
Note: Since global markets are currently sensitive to the Middle East tensions, it's important to monitor geopolitical developments and be even more disciplined with risk management.
What's your view on Bitcoin? Do you think it can hold above $65,000, or should we expect another correction?
💡 Please respect each other's opinions and express agreement or disagreement politely.
📌Bitcoin Analysis (BTCUSDT), 4-hour time frame.
🛑 Always set a Stop Loss(SL) for every position you open.
✅ This is just my idea; I’d love to see your thoughts too!
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ETH Bulls Take Control | SMC Points to $2,050ETHUSD 4H Bullish SMC Analysis | Smart Money Eyes 2,050 Liquidity
ETHUSD has confirmed a bullish Change of Character (CHoCH) after sweeping liquidity beneath the recent lows and establishing a strong reversal from the 1,500–1,550 demand zone. The sharp impulsive rally and subsequent Break of Structure (BOS) indicate that buyers have regained control and market structure has shifted in favor of the bulls.
The Fair Value Gap (FVG) around 1,630–1,650 has acted as an institutional rebalancing zone, supporting continued upside. As long as price remains above this area, the bullish momentum is likely to remain intact.
The first key resistance lies at the 1,850–1,875 supply zone, where previous equal highs (SSL) and resting liquidity may attract profit-taking. A decisive breakout above this region would likely trigger a liquidity run toward the higher-timeframe sell-side liquidity between 2,035 and 2,050.
#SMC Bullish Summary
✅ CHoCH confirms a bullish shift in market structure.
✅ BOS validates continuation of the uptrend.
✅ FVG is acting as a strong bullish support zone.
✅ Higher-timeframe demand at 1,500–1,550 remains the key institutional buying area.
🎯 Target 1: 1,850–1,875 (Supply / Sell-Side Liquidity)
🎯 Target 2: 2,050 (Major liquidity objective)
United Health - Another decent bullrun of +50%!🚨United Health ( NYSE:UNH ) just continues its strong bullrun:
🔎Analysis summary:
Just a couple of months ago, United Health retested a major confluence of support. Thus the recent rally of about +70% was actually also totally expected. Looking at the higher timeframe, United Health remains clearly bullish, heading for another +50% move soon.
📝Levels to watch:
$475 and $650
Keep your #LONGTERMVISION🙏
— Phil (@TheTraderPhil)
GOLD STILL LACKS BREAKOUT MOMENTUM, HOW WILL WEEK END?Ahead of the weekly close, gold remains in a short-term recovery phase after rebounding from trendline support. However, price is approaching the 4136–4141 resistance area, where previous supply and intraday liquidity are concentrated.
The US session could bring increased volatility as traders position themselves before the weekly candle closes. A rejection from resistance would favor a continuation of the broader bearish trend, while a confirmed breakout may extend the recovery toward the next liquidity zone.
☑️ Primary Scenario – Sell From Resistance
Watch the 4136–4141 resistance zone for bearish confirmation.
Rejection from resistance or the FVG area favors new short opportunities.
Target 1: 4085
Target 2: 4050
☑️ Alternative Scenario – Bullish Breakout
A strong H1 close above 4141 shifts short-term momentum higher.
Gold may extend toward the 4160–4170 liquidity zone before sellers reappear.
Resistance Zone
4136 – 4141
Major Supply Zone
4160 – 4170
Nearest Support
4080 – 4085
Session Bias
🔴 Bearish Scalping
As long as gold remains below the 4136–4141 resistance area, rallies are still viewed as opportunities to position with the prevailing bearish trend. The weekly close is likely to provide the next directional confirmation.
ETHUSDT: Bearish Drop to 1660?BINANCE:ETHUSDT is eyeing a bearish reversal on the 1-hour chart , with price testing resistance after recent recovery, converging with a potential entry zone that could trigger downside momentum if sellers defend amid volatility. This setup suggests a pullback opportunity, targeting lower support levels with more than 1:3 risk-reward .🔥
Entry between 1790–1800 (entry from current price with proper risk management is recommended). Target at 1660 . Set a stop loss at a 4-hour close above 1835 , yielding a risk-reward ratio of more than 1:3 . Monitor for confirmation via a bearish candle close below entry with rising volume, leveraging Ethereum's weakness near resistance.🌟
📝 Trade Setup
🎯 Entry (Short):
1790 – 1800
(Entry from current price is valid with proper risk & position sizing.)
🎯 Target:
• 1660
❌ Stop Loss:
• 4H close above 1835
⚖️ Risk-to-Reward:
• > 1:3
⚠️ Important warning: This position is high risk.
💡 Does Ethereum reject the 1790–1800 resistance zone and retrace toward 1660, or will buyers break through resistance and extend the recovery? 👇
Gold Spot (XAU/USD) – 1H Technical AnalysisMarket Structure
Gold remains in a well-defined bearish trend, respecting a descending trendline that has been tested multiple times. Every retest has resulted in selling pressure, confirming that sellers are still in control.
The market continues to print:
Lower Highs (LH)
Lower Lows (LL)
This confirms that the short-term trend remains bearish.
Key Resistance
4,100–4,120
This area aligns with the descending trendline and has repeatedly rejected bullish attempts. Unless buyers can break and hold above this zone, the downtrend remains intact.
Bearish Scenario (Primary)
As long as price stays below the descending trendline:
Initial support: 4,040–4,050
Psychological level: 4,000
A confirmed break below 4,000 would likely accelerate bearish momentum toward:
Target: 3,945
This represents the next major liquidity area and a potential new swing low.
Bullish Invalidation
The bearish outlook becomes invalid if Gold:
Breaks above the descending trendline.
Closes above it with strong bullish momentum.
Successfully retests the trendline as support.
A sustained move above 4,200 would indicate a potential trend reversal and shift market sentiment toward the upside.
Trading Plan
Sell Zone:
4,100–4,120 (Trendline resistance)
Confirmation Signals:
Bearish Engulfing
Shooting Star
Evening Star
Strong rejection wick from resistance
Stop Loss:
Above the most recent swing high or above 4,200 for swing traders.
Bearish Targets:
TP1: 4,040
TP2: 4,000
TP3: 3,945
Technical Outlook
Trend: Bearish
Bias: Sell the rallies
Market Structure: Lower Highs & Lower Lows
Probability: As long as price remains below the descending trendline, the bearish scenario remains favored.
S&P500 What does it historically do before midterm elections?On November 03 2026 the U.S. goes for its midterm elections. Right now we 17 weeks before, this rather critical event for the stock market so let's see how the S&P500 index (SPX) has performed historically 17 weeks before its midterm elections since 2002 and the Dotcom Bubble Crisis.
As you can see, we've had 6 midterm elections since 2002. On 4 occasions, the market ended lower (red Rectangles) at the time of the elections and only 2 (green Rectangles) managed to rise. As a result, there are twice as many probabilities for S&P500 to decline and be at a lower price than today, than they are to rise.
Also it is worth mentioning that unless the price is on it that 17 week period before, the market tends to seek its 1W MA50 (blue trend-line) by the midterm elections. And since this time we are above it, it is historically justified to consider a pull-back towards it, the strongest probability. And by November, contact with the 1W MA50 can be made at around 7100 at least.
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Bitcoin Bulls Have It for Now, But Can They Break Structure?Decent Run From Monday's Low
Bitcoin has put in a pretty decent run since Monday's $61,306 low, with several bullish 4-hour candles pushing price higher. The bulls have the short-term momentum for now, but price is approaching an important area.
Previous Highs Now Being Tested
Price is sitting just below the previous 4-hour highs at $64,243 and $64,700. With the current candle showing some rejection from $64,200, could we be seeing the early stages of another rejection candle?
Swing Highs at $65,261 Then $67,292
A clear break above the previous highs would target the 0.786 Fib at $65,261. Beyond that, the next major daily high stands at $67,292, although this level isn't marked on the chart.
100/50-Period EMAs Turn Bullish
The 100/50-period EMAs have now bullishly crossed, with price trading above both averages. This supports the improving short-term picture and gives the bulls something to build on.
Bears Need Confirmation
A confirmed bearish candle from the current area could signal that the latest rally is running out of steam. That could potentially re-kick the primary downtrend and put the recent lows back into focus.
In Summary
Bitcoin has enjoyed a decent run from Monday's low, but price is now testing the previous 4-hour highs. A break above would bring the 0.786 Fib at $65,261 into focus, followed by the $67,292 daily high. However, a confirmed bearish candle from here could signal rejection and potentially re-kick the primary downtrend. For now, the bulls have the short-term momentum, but this is where the real test begins.
S&P 500 Loses $7,500 — Are Bears Taking Control?The S&P 500 ( FOREXCOM:SPX500 ) is currently moving near a resistance zone($7,625-$7,524) and seems to have broken the support line and the key trading level of $7,500.
From an Elliott Wave perspective, the S&P 500 appears to have completed a Zigzag correction(ABC/5-3-5) over the past month, and we could expect the next wave of decline.
Given that Bitcoin ( BINANCE:BTCUSDT ) has shown a strong correlation with the S&P 500 in recent months, a sudden drop—especially in the S&P 500—could impact crypto markets and lead to a decline in Bitcoin’s price .
I expect the S&P 500 to continue its bearish move in the coming hours and test the support zone($7,463-$7,438). If it breaks below, it could drop at least to the next support line. The next key trading level to watch is $7,400.
From an Elliott Wave standpoint, the downward waves in the S&P 500 seem to continue.
I expect the S&P 500 to break the support zone($7,402-$7,326) in the coming hours and potentially drop at least to the support lines around $4,311. If the downward momentum is stronger, we can expect even lower levels.
First Target: Support zone($7,402-$7,326)
Second Target: Support lines
Stop Loss(SL): $7,588(Worst)
What’s your view on the S&P 500? Will it make new all-time highs again, or should we expect a deeper correction for the index and the U.S. stock market?
💡 Please respect each other's opinions and express agreement or disagreement politely.
📌 S&P 500 Index Analyze (SPX500USD), 4-hour time frame.
🛑 Always set a Stop Loss(SL) for every position you open.
✅ This is just my idea; I’d love to see your thoughts too!
🔥 If you find it helpful, please BOOST this post and share it with your friends.
Wedge Breakout PotentialBitcoin is currently consolidating within a falling wedge pattern, positioned near the lower boundary of its broader upward-sloping macro channel. The price action suggests a potential breakout to the upside, targeting the upper resistance levels of the channel as momentum begins to stabilise. Watch for a decisive break above the wedge for confirmation of a new bullish leg.
BTCUSDT: Spring & Test Long, BOS to TP1 to TP2 ConfirmedGate one, BOS confirmed bullish structure had already shifted at 62,400 before the pullback into the fib zone even started.
Gate two, price pulled back through the 0.236 to 0.382 zone, tagging 0.295 directly. This is a Wyckoff Spring & Test in the classic sense: a probe below the recent structure into 61,800, immediately followed by a test that held higher, refusing to make a new low on the retest. That's the difference between a spring and a genuine breakdown, the second touch shows less willingness to sell than the first.
Gate three, CHoCH confirmed once the control bar reclaimed the spring low and closed back through 0.382, turning the test into the actual trigger.
Under Continuation Acceleration Protocol, spring and test functions as an alternate version of the same gate three logic as turtle soup or SFP CHoCH, the mechanism differs, but the requirement is identical: price has to prove it can hold above the sweep before the setup is live, not just touch a fib level and hope.
TP1 hit at 62,650, the first structural pocket above entry. TP2 completed at 62,900, and price has continued climbing since, currently trading above 63,000 well past both targets.
Structure first, spring second, confirmation last. Same three gates, same discipline, different mechanism triggering gate two this time.
Seneca wrote that luck is what happens when preparation meets opportunity. The spring into 61,800 looked like the trend breaking. The test that followed is what separated preparation from noise.
am i the only 1 thats been super bullish on PYPL?!February is when I started to pay attention to PYPL. There was a nice bullish engulfing at the beginning of April (Daily) and also is where moving averages started to shift. There was very nice volume in late February and earnings in May. The small lower arrow where I have it saying "reclaim 1st" Coincides with the 200 EMA on the daily time frame. On the daily timeframe one can argue that it is in a bottoming head and shoulder and also in a sort of large pennant. It's sort of a "janky" pennant. The weekly looks sort of weak with decreased volume on this up move but also decreased volume can lead to a pop. Usually when it's going opposite of each other, usually one is lying. PayPal has been beaten up and it looks like it's ready to test its upper support from $64 upwards of $125. First reclaiming the pink 10 SMA. 64 and 75 need to be reclaimed as well, with 75 being where the weekly 200 EMA is as of right now. So 64 and 75 get reclaimed on the monthly with three-candle confirmation and then looking into the daily with volume and maybe a pattern or a candle confirmation as well. I'd be very confident with this testing towards $125. Those white arrows point to areas of interest and where I see price being able to test. Paying attention to the Fibonacci levels will also be important. Where it really catches my eye is where the yellow and purple SMAs match up with the Fibonacci.
Call me crazy...
GBP/USD | Buyside Liquidity sweep to 1.35!By analyzing the 4H chart of GBPUSD we can see that it deed break above the Supply Zone at 1.3425 to 1.3433, but it failed to sweep the Minor BSL above the 1.3461 level, and is currently being traded at around 1.3427, inside the Supply Zone.
I expect GBPUSD to break above the Supply Zone once more, and this time sweep the Minor BSL above the 1.3461 level, and if it stabilizes above the Supply Zone then afterwards, I expect it to go towards the Buyside Liquidity pools above the 1.3485 and 1.3509 respectively, finally reaching the Supply Zone at 1.3519 to 1.3532.
However, if GBPUSD fails at sweeping the Minor BSL, a drop towards 1.34 and then further drop towards the 1.3384 level is likely to happen.
AMAT Rose 300%+ to a Record, Then Fell. What Its Chart Says NowIt's no secret that semiconductor-related stocks like Applied Materials NASDAQ:AMAT have had a pretty rough week or so, with AMAT falling some 20% after hitting an all-time high just on June 30. Let’s see what Applied Materials' chart and fundamental analysis say could happen next with the semiconductor-equipment maker’s stock.
Applied Materials’ Fundamental Analysis
Semiconductor stocks have mostly been on a tear in 2026, with the Philadelphia Semiconductor Index NASDAQ:SOX hitting an all-time high on June 22 after rising 106.9% year to date.
But the sector pulled back in recent days and weeks, with the SOX giving back some 11% since June 22.
The Dow Jones US Semiconductor Index DJ:DJUSSC has likewise shed roughly 7% since setting a record high on June 3.
Semiconductor-equipment providers like Applied Materials have taken a hit as well. AMAT rose more than 300% over 12 months to peak on June 30, but has given back about 20% since then.
On the other hand, Morgan Stanley analyst Shane Brett recently boosted the stock's price target to $647 from a previous $502 while reiterating Applied Materials' hold-equivalent rating.
He also named AMAT as a "top pick" for the sector. (Separately, Brett raised his price targets for Lam Research NASDAQ:LRCX to $404 from $331 and KLA Corp. NASDAQ:KLAC to $274 from $190 while reiterating their current ratings.)
Brett is rated at five stars out of a possible five by TipRanks and has an 81% success rate over that past two years, with an 80% average return.
You’d think that AMAT might take off on an endorsement like that. But looking at its chart, I’m not so sure.
Applied Materials’ Technical Analysis
Here’s AMAT's chart going back some seven months and running through Monday afternoon (July 6):
Readers will first see that AMAT had a very nice run that saw it more than double in price since 2026 began.
However, the shares then tried but failed in June to break above the upper trendline of the stock's Raff Regression model (marked in orange and pink shading).
Instead, the stock ended up testing its 21-day Exponential Moving Average (or "EMA," marked with a green line above at $590.50). Applied Materials also probably tested the swing crowd at that line as well.
The stock recently fell below the 21-day EMA, but has not yet definitively dropped under that line. (Shares were trading Friday afternoon at $603.18, back above the 21-day EMA's $590.50.)
Meanwhile, Applied Materials has recently begun to form what might fully develop into a bearish head-and-shoulders pattern, marked with red lines at the chart's right.
However, that pattern's right shoulder has yet to fully form, hence the question mark I added to the chart's right.
But should AMAT manage to regain and hold its 21-day EMA, the stock could experience an algorithmic surge that might complete that missing right shoulder. This would be a tradeable event -- although again, a head-and-shoulders pattern is one of bearish reversal.
That would create the potential for a more important test of Applied Materials' 50-day Simple Moving Average (or "SMA," denoted with a blue line at $494.10 above). That's where professional managers would likely have to make decisions concerning whether to maintain exposure to the stock. Of course, that's still about a $100 haircut from where AMAT has been trading at.
As for the other technical indicators in the chart above, those appear a bit shaky as well.
For example, Applied Materials' Relative Strength Index (the gray line marked "RSI" at the chart's top) has come down from overextended levels and stands just above the neutral line.
Similarly, the stock's daily Moving Average Convergence Divergence indicator (or "MACD," denoted by blue bars, a black line and a gold line at the chart's bottom) is sending less-than-bullish signals as well.
First, the histogram of the 9-day EMA (the blue bars) has moved into negative territory, which is a short-term bearish sign.
And while the 12-day EMA (the black line) and the 26-day EMA (the gold line) are both well into positive territory (a bullish signal), the 12-day line has crossed below the 26-day one. That's bearish.
(Moomoo Technologies Inc. Markets Commentator Stephen "Sarge" Guilfoyle had no position in AMAT at the time of writing this column.)
This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct.
The Analyst Ratings feature comes from TipRanks, an independent third party. The accuracy, completeness, or reliability cannot be guaranteed and should not be relied upon as a primary basis for any investment decision. The target prices are intended for informational purposes only, not recommendations, and are also not guarantees of future results.
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Gold selling plan! Strong Resistance Zone: 4130
Selling Zone: 4120
Technical Targets:
Target 1: 4106
Target 2: 4089
Target 3: 4035
This setup is based on technical analysis and price action around a key resistance level. Patience and discipline are essential—wait for confirmation and manage your risk wisely.
Trading Psychology Matters More Than Entries.
The market rewards discipline, not emotions. Trust your analysis, follow your plan, and avoid impulsive decisions.
XAUUSD 4H | SMC Rebound Mix Sell Setup | Supply Zone Rejection The market remains bearish on the higher timeframe, with the current bullish move viewed as a rebound into premium supply zones rather than a confirmed trend reversal. The highlighted supply areas are expected to attract institutional selling interest if price shows rejection and bearish confirmation. The setup is based on Smart Money Concepts (SMC), BOS, CHoCH, liquidity, and Supply & Demand, providing a structured approach for identifying high-probability sell opportunities.
Expected Targets:
TP1: 4,080
TP2: 4,000 (Major Demand Zone)
TP3: 3,920
TP4: 3,880 (Final Target)
If price breaks and closes above the major supply zone with strong bullish structure, the bearish outlook becomes invalid and the setup should be re-evaluated. This analysis is for educational purposes only and should always be combined with proper confirmation and risk management before taking any trade.
BTC Analysis: Will the Falling Channel Finally Break?BTC Analysis
CRYPTOCAP:BTC is testing resistance above the falling channel. Buyers taking charge again but the real proof of trend reversal will come only on daily close above channel resistance.
In the meanwhile volatility inside the range should prevail. Be patient and wait for the breakout confirmation before becoming aggressive.
DYOR, NFA
MASON XAUUSD – Bullish Pullback Before Mid-Term Rally
XAUUSD is trading around 4,123 after recovering from the short-term correction zone. Price is still holding above the main uptrend trendline, while the current pullback is moving around the Fibonacci reaction area.
The priority view remains bullish in the medium term, as long as gold continues to hold above the buy order zone and the rising trendline support.
Technical View
Gold is still moving inside a bullish recovery structure. The higher low formation from the previous support area shows that buyers are still defending the market, even though price is currently correcting below the short-term descending trendline.
The most important point on this chart is the uptrend trendline. Price has respected this trendline several times, which means the broader bullish structure remains valid while gold stays above it.
The 4,101–4,106 area is the main buy order zone. This zone is important because it aligns with the Fibonacci correction area, the rising trendline support, and the previous reaction zone. If gold pulls back into this area and holds, it may confirm another higher low before the next bullish leg.
Short term, price may still face resistance around 4,138 and 4,159. The 4,159 area is marked as a sell order zone, so some rejection or consolidation may appear there first. However, if gold breaks and holds above 4,159, the bullish structure may open a stronger move toward the 4,203 resistance.
Ichimoku also supports the idea that the market is trying to recover. Price has moved back near the Ichimoku structure, and if buyers can keep price above the cloud support, the next medium-term bullish continuation will become more convincing.
Key Zones
Current price: 4,123
Buy order zone: 4,101–4,106
Trendline support: 4,095–4,106
Short-term resistance: 4,138
Sell order reaction zone: 4,159
Major resistance: 4,203
Ichimoku support area: 4,067–4,101
Invalidation: below 4,067
Trading Plan
Buy Priority: 4,101–4,106
Condition: wait for bullish rejection, higher low formation, or price holding above the uptrend trendline and Fibonacci support area.
SL: below 4,067
TP1: 4,138
TP2: 4,159
TP3: 4,203
Alternative Scenario
If gold breaks above 4,159 directly, wait for a retest of this zone as support before looking for buy continuation toward 4,203. A clean hold above 4,159 would confirm stronger bullish momentum for the medium-term move.
Sell View
Sell is not the priority while price stays above the uptrend trendline and the 4,101–4,106 buy order zone. A short-term sell reaction may appear around 4,159, but it should only be treated as a correction unless gold breaks below 4,067.
Final View
Overall, gold remains in a bullish structure. The current movement looks more like a Fibonacci correction before continuation rather than a full bearish reversal. The cleaner plan is to wait for price to hold the 4,101–4,106 buy zone, then follow the next bullish leg toward 4,138, 4,159, and potentially 4,203.
Will gold respect the Fibonacci buy zone and start the next bullish leg, or retest the trendline support first?
XAUUSD: Reaction From the Order Block Meets the FVG TestGold's structure tells a clean story over the past two weeks. Sell-side liquidity at 3,942 was swept before the market committed to a sustained bullish run, confirmed through repeated breaks of structure into the 4,180–4,202 region. That leg was decisive, but it didn't hold. Two consecutive bearish structure shifts followed, and price gave back a meaningful portion of the advance on its way into the 4,021–4,044 demand block.
What's happened since is the more interesting part. Price didn't just tag the order block and stall, it reacted, and that reaction is now carrying price back toward the FVG sitting at 4,098–4,115. This is the zone that matters right now. The order block did its job as a demand area, but the FVG is where the market gets to prove whether this move is a genuine reversal or another leg of distribution.
I'm leaning neutral to cautiously bullish while price holds above the OB low. The two prior bearish breaks can't be ignored, they reflect real weakening momentum after the 4,202 high, so I'm not treating this bounce as confirmed strength yet. The FVG is the actual test. A clean push through 4,115 opens the path toward 4,140–4,160, with the prior highs near 4,180–4,202 as the extended target if momentum builds. Rejection from the FVG, on the other hand, keeps the broader structure tilted bearish and puts the order block low back in play.
Invalidation is straightforward on both sides. For longs from the OB, a close below 4,021 removes the basis for the demand thesis entirely. For shorts from the FVG, a sustained move above 4,140 invalidates the bearish continuation view and shifts weight back toward the highs.
Right now, the chart is asking a question at the FVG. I'd rather wait for that answer than assume it.
MICROSOFT on a 2022 repeat, targeting $310 and the 1M MA100.Microsoft (MSFT) is consolidating around both its 1W MA200 (orange trend-line) and 1M MA50 (black trend-line), having previously broken below both following a strong rejection on its 1W MA50 (blue trend-line) exactly at the beginning of June.
That was the 1W MA50's first test as a Resistance since January 26 2026. Within Microsoft's dominant 6-year Channel Up, that rejection is perfectly aligned with the one on August 15 2022 of the previous Bear Cycle, which technically was the pattern's previous Bearish Leg.
Having already marginally broken below the long-term Support Zone of the 1W MA200 and the 1M MA50, as mentioned, which is where the 2022 Bear Cycle bottomed, the market now eyes the next key long-term Support level, which is the 1M MA100 (green trend-line), directly below the Channel Up.
If the current Bearish Leg (Channel Down) also lasts 343 days (49 weeks) like the one is 2022, then by October 05 2026, it may hit the bottom of the Channel Up at around $310. Note that the 1M MA100 has been untouched since January 2013.
Additionally, notice also that even the 1W RSI and MACD sequences among the two Bear Cycle fractals are almost identical and it appears that, in symmetrical terms, we might be at a similar spot as mid-September 2022.
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