Bearish on DXY DXY is about to break a long standing critical static area and at the same time it didn't bounce well off the lower line in the Andrew's pitchfork and now it has turned into a resistant too.
Parallel Channel
GOLD → Consolidation ahead of potential growth. PPI ahead...FX:XAUUSD is still consolidating, with the range expanding. The price has confirmed the formation of an upward price channel, which bulls are defending quite aggressively...
Gold remains in positive territory for the third day in a row and is consolidating above $3,350 in Asian trading, awaiting PPI data and jobless claims in the US. Moderate CPI and weak labor market statistics have reinforced expectations of a Fed rate cut in September, with some experts forecasting -50 bps. The dollar remains at a two-week low amid dovish comments and rumors of a possible change in the Fed chair, which supports demand for gold. Weak PPI data could accelerate the rise in metal prices, although market attention is gradually shifting to the meeting between Trump and Putin on Ukraine.
Technically, the focus is on the 3366-3340 range. A small correction may form from resistance before breaking the 3366 level and continuing to rise within the trend...
Resistance levels: 3366, 3381, 3400
Support levels: 3341, 3334
Before rising, the market may test the trend support or form a false breakdown. But there is a possibility that the price will immediately start storming 3366 for further growth. But, again, further developments depend on economic data, which will most likely be controlled by Trump after the NFP mistake...
Best regards, R. Linda!
USDJPY — Bulls on Standby for a Big Comeback!USDJPY is approaching a key confluence zone where the 🟧 daily support aligns with the long-term bullish trendline.
Price has been in a medium-term correction, but now it’s knocking on the door of a potential bullish reversal.
As long as the highlighted support holds , I’ll be looking for trend-following longs targeting a continuation of the long-term bullish structure.✅
A clear break above the short-term 🔴 channel will confirm the shift in momentum and open the door for the next 📈 impulse move.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
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BITCOIN to 160kBitcoin appears to have an inverted Head & Shoulders pattern and has broken the neckline. It's now rising, targeting 160k, which aligns with the top of the rising channel.
Apple Is Climbing the Fibonacci Channel Ladder – Step 5 Ahead?On the monthly chart, Apple (AAPL) is steadily moving within a well-defined ascending Fibonacci channel, like climbing a ladder — step by step.
The price is currently testing Step 4 , a zone that has acted as a strong resistance barrier.
Despite the pressure here, the structure still appears bullish, and even a minor pullback might simply be a pause before the next move.
If momentum picks up, we could soon see a breakout toward the next step — targeting 234 at Step 5.
The trend remains technically intact unless the channel is broken, and the overall formation still leans toward continuation.
British Pound can little grow and then drop to buyer zoneHello traders, I want share with you my opinion about British Pound. If we look at the chart, we can see how the price started to grow inside an upward channel, where it at once broke the 1.3280 level. In the channel, it rose to the resistance level, which coincided with the seller zone, after which it rebounded and fell to the support line of the channel. Later, GBP rose to the seller zone and dropped, breaking the resistance level and exiting from the upward channel. Then the price entered to wedge and then made an impulse up, breaking the resistance level, and rose to the resistance line of the wedge. After this movement, it turned around and started to decline. Soon, it broke the 1.3580 level one more time and fell more. But later it turned around and rose to the 1.3580 resistance level, which coincided with the resistance line of the wedge. Then it dropped to the support line of the wedge, breaking the support level, but soon it backed up and rose back to the resistance line of the wedge pattern. Now I expect that the British Pound can continue to decline inside the wedge, and reach the buyer zone, breaking the support level. For this case, I set my TP at 1.3245 points, which coincided with the buyer zone. Please share this idea with your friends and click Boost 🚀
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Gold may bounce from support level and rise to resistance levelHello traders, I want share with you my opinion about Gold. The technical narrative for gold has fundamentally shifted from bearish to bullish following a significant breakout from a prior downward wedge. This powerful upward rebound signaled a clear change in market control, invalidating the previous downtrend and establishing a new, constructive market structure. This new structure has taken the form of a well-defined upward channel, which has been guiding the price action higher through a series of impulsive and corrective waves. Currently, the asset is undergoing a natural corrective phase after recently testing the upper resistance line of the channel. This downward correction is guiding the price towards a critical confluence of support located around the 3330 level. This area is significant as it represents the intersection of the channel's ascending support line and a strong horizontal buyer zone. The primary working hypothesis is a long scenario, based on the expectation that buyers will step in to defend this key support confluence and maintain the integrity of the upward channel. A confirmed bounce from this area would likely initiate the next impulsive leg higher within the trend. Therefore, the tp is logically set at the 3405 resistance level, as this represents a full rotation back to the top of the channel and aligns with the major seller zone. Please share this idea with your friends and click Boost 🚀
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GOLD → From consolidation to distribution. Target 3400FX:XAUUSD is entering a distribution phase after the end of consolidation. The market is strong, bulls managed to keep prices from falling and formed an intermediate bottom in the 3340 zone.
The price increase was supported by expectations of a soft Fed policy after moderate July CPI data (2.7% y/y, 0.2% m/m, core 0.3%), which led to a decline in bond yields and a weakening of the dollar. However, demand for safe assets is declining amid optimism in global markets, fueled by the US-China trade truce, a possible meeting between Trump and Putin, and bets on a Fed rate cut in September. In the long term, gold could be supported by purchases by the Chinese central bank and a recovery in jewelry demand in India.
Technically, the focus is on the zone of interest ahead at 3370-3373, with a possible rebound before growth, as well as on the support zone at 3359. I do not rule out that the market may test the liquidity zone...
Resistance levels: 3370, 3380, 3400
Support levels: 3358, 3341, 3334
There is considerable potential within the consolidation, and the rally may be directed towards the resistance range of 3400. However, pullbacks are possible before growth, which could give us a good entry point.
Best regards, R. Linda!
Wave 5 to the upside on Arbitrum!Wave 4 completed with double confluence using Jeff Kennedy's Channeling Technique. As shown on the chart wave 3 peaks after an extended 5th wave to finish wave 3. Wave 4 retracement lasted 2 days, finishing after the 1 Fib Time, it retraced at least 38.2% of wave 3 in a WXY Complex Correction falling below the bottom of the Acceleration Channel, confirmation we are in a wave 4. Wave 4 fell a bit below the top of the base channel, often if the top line fails, and the correction extends, I may look for a center line reversal inside the Base Channel. So, for these reasons I am looking up for wave 5 and calling wave 4 done. I may update with the wave 5 Termination Channel as it would have been to cluttered displaying 3 channels. Using these channels it is possible to be profitable trading Elliott Waves without knowing everything about the wave principle.
AMZN's Path towards 240AMZN: Primed for a Rebound? 🚀 Bullish Signals Emerging!
•Pivotal Support Holding Firm: The price has found robust demand around the 215 support zone 🟢, a critical area that has demonstrated its strength in halting previous declines. This level is proving to be a formidable floor, absorbing selling pressure and hinting at buyer conviction.
•Developing Bullish Reversal Pattern: A clear bullish reversal pattern, resembling an inverse head and shoulders or a W-bottom, appears to be unfolding. This formation, characterized by successive higher lows, signals a significant shift from bearish to bullish sentiment.
•Key Bullish Confirmation Point: For an accelerated move higher, a decisive and sustained break above the 226 level ⬆️ is crucial. This price point represents a significant resistance flip, and a push beyond it would likely trigger further buying momentum, confirming the bullish bias.
•Eyes on the Upside Target: Should AMZN successfully break past the 226 confirmation level, the immediate upside target is projected towards the 240 resistance zone 🎯. This area represents a key supply zone from earlier price action, and reaching it would mark a substantial recovery.
Disclaimer:
The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.
GOLD → Consolidation ahead of CPI data...FX:XAUUSD is consolidating ahead of news. Inflation is on the horizon, and further developments for the dollar and gold will depend on the data. Globally, gold is in a bullish trend, but locally we are seeing a correction...
Gold is rebounding slightly from $3,341 ahead of US CPI data for July and against the backdrop of the extension of the US-China trade truce until November. Investors are assessing the prospects for a Fed rate cut, expecting inflation to remain within 2.8% (core inflation is 3%). Weaker-than-expected data could cause the dollar to fall and support gold, while stronger data could resume the downward trend.
Technically, on D1-H4, gold is consolidating in a symmetrical triangle pattern and the price is in the support zone. There is a possibility that Trump may not make a mistake with inflation data, as he did with employment data...
Support levels: 3341, 3334, 3311
Resistance levels: 3358, 3375, 3405
The 3335-3310 zone attracts MM with an open FVG, which the market may partially close, forming a liquidity trap before continuing growth. However, it is also worth watching the boundaries of the current local consolidation, as a breakout of one or the other boundary could trigger a strong impulse.
Best regards, R. Linda!
LINK Macro signs pointing towards a buyHi,
This is a Macro analysis on the 1 Month timeframe for LINKUSD pair.
I've been looking for opportunities to trade in altcoin market. With BTC in price discovery mode and other signs appearing like altcoin only market cap charts point towards liquidity coming in, it is important now than ever to be spending time to scope out opportunities here.
I do think that not all altcoins will behave the same, im trying to use TA to find those with strong technicals.
LINKUSD sticks out due to several factors.
1. We are in an ascending channel, that i believe currently price action will eventually attempt to reach the upper trend line. (We could be at the very moment be attempting this.)
2. Momentum indicators are flashing bullish, though note that there is still a long way to go for the current monthly candle to close.
Both MACD and STOCH RSI are flashing buys in my opinion.
If our August Candle closes with:
MACD flashing histogram bar as deep green with bullish cross and
STOCH RSI flashing bullish cross and cross occurs above the 20 line.
This would indicate a potential for Macro Bullish move to the upside. ANd i believe that move to be at the very least to the previous highs, if not to new all time highs.
For the 1Month to stay bullish, we need to look for more bullish evidence such as in lower timeframes like the 1 week or 3 day to support 1 Month changes. And Bulls need to maintain dominance in those timeframes for 1 Month to print bullish.
Stay tuned for more updates.
GOLD → Retest of support within an uptrendFX:XAUUSD is forming a liquidation phase as part of the previously mentioned bullish wedge pattern. Bulls were unable to break through the 3400 mark, and due to uncertainty, the price has entered a correction phase...
On Monday, gold fell to $3350, echoing the bearish sentiment in Asian trading, as $3400 remains an unattainable level. The pressure is intensified by weak data from China (PPI −3.6%), profit-taking and expectations for the US inflation report, as well as uncertainty in US-China trade negotiations and microchip policy. Optimism is being held back by expectations of Fed policy easing after negative statistics and forecasts of rate cuts, as well as possible meetings between US and Russian leaders. All this reduces demand for gold as a safe haven asset.
The focus is on the local trading range of 3400-3350. Before a possible rise, the market may test a strong support zone...
Resistance levels: 3376, 3405
Support levels: 3358, 3350, 3345
At the moment, we are seeing a retest of 3358 and a false breakdown, with a fairly weak reaction to the zone. In the short term, gold may test 3350-3345. A false breakdown and the bulls holding the price above this zone could bring the price back up...
Best regards, R. Linda!
Bitcoin Bullish Flag Pattern Analysis & $140,000 Target🚩 Bullish Flag Pattern Formation
Bitcoin is currently forming a bullish flag pattern on the 4-hour chart. This pattern typically appears after a sharp upward move and represents a short-term consolidation within a descending channel. It usually signals a continuation of the strong bullish trend. Currently, the price is oscillating between the upper and lower boundaries of this channel, poised for a potential breakout.
⏳ Duration of the Correction Phase
The correction inside this channel has lasted from July 14 to August 8, 2025, spanning approximately 25 days. This relatively long consolidation period indicates a deep stabilization phase, allowing the market to gather momentum for the next upward wave. During this time, Bitcoin traded in a tight range between the channel’s support and resistance levels.
⚠️ Critical Resistance at $120,000
The key resistance level to watch is $120,000. If Bitcoin can break this level decisively with strong volume and confirming candles, the bullish flag pattern will be validated, signaling a continuation of the upward trend. This breakout point is considered an optimal entry for new long positions.
🎯 Price Target at $140,000
The target price derived from the bullish flag pattern, calculated by measuring the flagpole and projecting it from the breakout point, is around $140,000. This represents approximately a 20% gain from the breakout and may serve as a significant psychological resistance level.
Chainlink ($LINK) – The Make-or-Break ZoneWe’re now entering what I believe could be one of the most important price regions for Chainlink in its entire trading history.
On the monthly chart, LINK has been forming a textbook bullish structure since bottoming in mid-2022 — higher lows, strong rebounds from trendline support, and steady momentum building over time. Price is now pushing into a major resistance zone that has capped rallies for years (highlighted in grey).
Here’s why this level matters:
Historical Significance: Every time LINK has tested this zone in the past, it’s been rejected sharply. A monthly close above would mark a structural shift in market behavior.
Psychological Breakout: Breaking above this region could flip long-term sentiment from cautious optimism to full-on bullish conviction.
Technical Structure: We’ve respected the ascending channel perfectly. The upper trendline break, coupled with the reclaim of prior highs, would open the door for a larger impulsive move.
If LINK can close above this resistance on the monthly, I believe we may never see prices below it again — similar to what happened with previous crypto cycle leaders after key breakout moments.
Upside targets (Fibonacci projections and prior structures):
First major target: $36
Next key level: $53
If momentum accelerates, $196+ becomes possible over a longer horizon.
The structure is primed, momentum is brewing, and the next few monthly candles could determine whether LINK enters a new phase of price discovery.
CKB Main trend. Horizontal pump channel. AI. 08 2025Logarithm. Time frame 1 week (less is not needed). Work in a horizontal channel from support/resistance zones. Pay attention to what a huge % (more than +1400%) pumped up this asset in 2024, when all the alts were and are at their minimum zones.
Local trend of the decline phase, after the pump +1400% as before. The local reversal zone, on which the medium-term trend direction (the entire market) will depend, is a coin as a projection.
GOLD → A stalemate situation - a bullish wedgeFX:XAUUSD is unable to break through the resistance level of 3400. However, an ambiguous “bullish wedge” pattern is forming on the chart...
The price of gold retreated from a two-week high on profit-taking. The correction intensified after the US imposed tariffs on imports of gold bars (1 kg), which could disrupt supplies from Switzerland and London.
Key supporting factors: Escalation of trade conflicts, concerns about the US economy and pressure on the Fed, questions about the Fed's independence after Trump's appointments
Risks: Short-term volatility ahead of US CPI data next week. However, fundamental drivers remain bullish.
Support levels: 3390, 3350
Resistance levels: 3405, 3435
The problem with the bullish wedge pattern is that it forms an ambiguous figure. We have an upward movement, but the pattern could easily reverse the local upward trend due to the fairly difficult resistance zone of 3390-3410.
If gold manages to consolidate above 3405, this will increase the chances of growth to 3435-3500.
BUT! There is a fairly high chance that the 3390 support level could be broken. In this case, the market could fall to 3350 before rising...
Best regards, R. Linda!
EURUSD → The correction is over. Bullish trend...FX:EURUSD is consolidating above key support from D1. The trend is bullish, and against the backdrop of a weaker dollar, the currency pair is returning to its main movement.
The currency pair is forming a local uptrend, with a fairly clear upward support line that intersects with an important support level. The price has emerged from correction and returned to the trend amid a decline in the dollar, which is mainly bearish. Given the situation with EUR/USD, I would focus on the support zone of 1.1631 - 1.1613, 1.1597. A fairly large pool of liquidity has formed in this zone. A false breakdown and the price holding in the buy zone could trigger a bullish run...
Resistance levels: 1.1676, 1.171, 1.175
Support levels: 1.163, 1.161, 1.160
If the bulls keep the price in the buying zone, i.e. above the key support zone mentioned above, then in the medium term, the currency pair may continue to rise with the possibility of updating local highs...
Best regards, R. Linda!
SHORT ON GOLD (XAU/USD)GOLD has a nice rising channel which is a (BEARISH) reversal pattern with plenty of sell side liquidity to be captured to the downside.
I sold GOLD at 3397 and expect Gold to fall over $80-$100 which is 800-1000 pips.
GBPUSD - Bearish ValidationGBP completed HAS pattern and now is testing the Resistance cluster - what for me is the Bearish Validation of trend reversal to downtrend.
Yet the price is staying within the downtrend channel.
If price respects the Resistance and the channel - we are in the downtrend.
Jus my humble opinion
$SOL channel breakout could lead to a rally toward $260Solana has broken out of its recent downtrend on both the daily and 4-hour charts, showing clear signs of bullish strength. The price is pushing beyond its channel, and momentum suggests that the $200 liquidity zone is within reach.
If CRYPTOCAP:SOL can close above the $206 resistance, it could open the door for a rally toward $230–$260, revisiting the prime all-time high area. EMA structure is also supportive — the 21 EMA has crossed above the 50 EMA, while the 100 EMA has crossed over the 200 EMA, both reinforcing the bullish outlook.
With technical aligning and momentum building, Solana’s next move could be one of the most significant runs we’ve seen this year.
MarketBreakdown | USDJPY, NZDUSD, EURJPY, US100
Here are the updates & outlook for multiple instruments in my watch list.
1️⃣ #USDJPY daily time frame 🇺🇸🇯🇵
The market is trading in uptrend.
After the price updated a high, it retraced.
I see a consolidation now and a formation of a narrow
horizontal trading range.
A bullish breakout of a resistance of the range and a daily
candle close above that will provide a strong trend-following bullish signal.
An uptrend will most likely resume then.
2️⃣ #NZDUSD daily time frame 🇳🇿🇺🇸
A test of a historically significant major demand cluster triggered a strong
bullish reaction. The price violated a strong resistance and closed above that.
I think that the market will most likely continue growing.
3️⃣ #EURJPY daily time frame 🇪🇺🇯🇵
The pair is trading within a horizontal parallel channel.
With the absence of high impact fundamental news today,
I think that the market will most likely continue consolidating
and the price may retrace from the resistance.
4️⃣ #NASDAQ Index #US100 daily time frame 🇺🇸🇨🇭
Looks like the market is preparing to update the ATH.
A confirmed violation of a minor daily resistance and a valid
Change of Character on intraday time frames indicate clear
strength of the buyers.
I guess that 23700 level will be tested soon with its highly probable breakout.
Do you agree with my market breakdown?
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Bitcoin Bounces Back — Is $120K the Next Stop?!Bitcoin ( BINANCE:BTCUSDT ) reacted well to the 50_SMA(Daily) and the Heavy Support zone($112,000-$105,800 and started to rise again.
The question is, can Bitcoin reach $120,000 again and even create a new All-Time High(ATH)!?
In terms of Elliott Wave theory , it seems that Bitcoin has managed to complete the main wave 4 in the descending channel . To confirm the end of the main wave 4 , we must wait for the upper line of the descending channel to break. The structure of the main wave 4 is a Zigzag Correction(ABC/5-3-5) .
I expect Bitcoin to trend higher in the coming hours and attack the resistance area and the upper line of the descending channel(First Target: $117,490) .
Do you think Bitcoin's main correction has begun, or does Bitcoin still have a chance to create a new ATH?
Second target: $119,991
Cumulative Long Liquidation Leverage: $113,526-$112,591
Note: Stop Loss: $111,070
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 2-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
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