Flag Pattern in play. TREET Analysis
Closed at 23.93 (04-07-2025)
Flag Pattern in play.
Sustaining 23 may lead it towards
25.50 - 26.50 & then around 28 - 29.
It should not break 18.50 this time.
Reversalpattern
XAUUSD At Critical PRZ: Will Gold Reverse or Break to New Highs?Hello Traders And Investors
XAUUSD At Critical PRZ: Will Gold Reverse or Break to New Highs? 🔥”
The recent price action on Gold (XAUUSD) has reached a very critical level near $3,586 – $3,600, which aligns with a strong resistance zone. This area is marked as a Potential Reversal Zone (PRZ), where sellers may step back into the market.
🔍 Market Structure Breakdown:
Previous Liquidity Sweep
Price collected liquidity below the July lows before forming a Higher Low at the start of August.
This move gave the market strength to push higher, creating a clean bullish structure.
Strong Impulsive Rally
From mid-August onwards, gold showed a strong bullish impulse, breaking through minor resistance levels without much pullback.
However, such parabolic moves often lack sustainability, making them vulnerable to a healthy correction.
Resistance & PRZ Reaction
The current resistance zone has historically acted as a strong rejection level.
Price tapping into this zone suggests exhaustion in bullish momentum, increasing the probability of a short-term pullback.
🎯 Target Zones for Downside Move:
1st Target: $3,480 – $3,500
This area coincides with a previous demand block and will act as the first reaction point.
Final Target: $3,330 – $3,320 (Key Support)
If bearish momentum sustains, price could revisit this major support, completing the correction phase before potentially resuming the broader uptrend.
Strong Bullish Divergence. Closed at 8.17 (03-06-2025)
Strong Bullish Divergence.
But 8.45 is an Important Resistance
that needs to sustain on Weekly basis
at least.
Crossing & sustaining 10 would lead it
towards 14 - 15.
On the flip side, 6.50 - 7.0 may act
as a Strong Support level.
Gold 15-Min Chart: Potential Bullish Reversal Toward 3,378Gold on the 15-min chart is trading around 3,372, with price dipping toward a small demand zone marked as "reversal." The projection shows a potential bounce from this zone, aiming for the 3,378.76 resistance level. The setup suggests a short-term bullish move if the reversal zone holds.
TVC:GOLD
EURUSD Short Idea! 4H, RR 1:5Daily Trend line broke and being tested back on fibonacci retracement and trend line resistance.
It looks like there is some downward movement coming possible till the key zone. Cheers! Let’s see!
DXY: Dollar’s ready, but the starter pistol’s still silentDXY is holding in the 97.50–97.60 support zone, an area where buyers have stepped in multiple times. Current market structure suggests possible liquidity accumulation before an upside move. The key tactical trigger is a breakout and close above 98.76, opening the path to 100.28, then 101.84 where historical selling pressure has emerged. The long-term target, if all levels break in sequence, is 104.40. While price remains below 98.76, buyers have no confirmed advantage and any rally remains speculative.
Fundamentally , the dollar lacks unconditional support: US macro data is mixed and Fed policy remains uncertain. However, safe-haven demand and cautious risk positioning by large players create a backdrop for a potential upward correction.
Tactical plan: watch 97.50–97.60, a confirmed break above 98.76 activates a move towards 100.28 → 101.84 → 104.40. Failure to break cancels the idea until a fresh impulse emerges.
The dollar right now is like a boxer before stepping into the ring - warmed up, focused, but waiting for the bell.
UNH – Force Bottom with Bullish Divergence at Support(Weekly Chart) NYSE: UNH remains a fundamentally strong company, even though healthcare is not currently the market’s leading sector. On the weekly chart, price action shows a force bottom (double bottom with take-out stops pattern), flushing stop-losses below the previous low at $248.88.
Last week, price closed back above the $250 support with a bullish candle. Price action and stochastic show a bullish divergence, with stochastic oversold and starting a golden cross. Risk-reward looks very favorable from this level.
NZDUSD – Breakout from Inverse Head & Shoulders + Trendline AreaNZDUSD is showing a bullish reversal setup on the 1-hour chart.
Price has broken above a long-standing descending trendline, indicating a potential shift in market structure.
A clear Inverse Head & Shoulders pattern has formed, suggesting a bullish reversal.
Price has broken above the neckline and the key resistance zone (highlighted in grey)
he 50 EMA has now been reclaimed, supporting the bullish bias
GBPUSD is in Bearish Reversal Head & ShoulderGBPUSD is showing clear bearish head & shoulder pattern on daily chart it will retrace for some time to get close to the price 1.33788 at that point short sell will be good
How to Use Engulfing Candles in TradingViewEngulfing patterns are among the most powerful candlestick formations because they signal strong momentum shifts and can help you spot dramatic trend reversal opportunities.
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• Step-by-step trading strategy for engulfing reversal setups
• Setting proper stop losses above engulfing candle highs
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This tutorial may help futures traders and technical analysts who want to use powerful candlestick patterns to identify significant momentum changes.
The strategies covered could assist you in creating effective reversal setups when strong buying or selling pressure appears at key price levels.
Learn more about futures trading with Tradingview: optimusfutures.com
Disclaimer:
There is a substantial risk of loss in futures trading. Past performance is not indicative of future results. Please trade only with risk capital. We are not responsible for any third-party links, comments, or content shared on TradingView. Any opinions, links, or messages posted by users on TradingView do not represent our views or recommendations. Please exercise your own judgment and due diligence when engaging with any external content or user commentary.
This video represents the opinion of Optimus Futures and is intended for educational purposes only. Chart interpretations are presented solely to illustrate objective technical concepts and should not be viewed as predictive of future market behavior. In our opinion, charts are analytical tools—not forecasting instruments. Market conditions are constantly evolving, and all trading decisions should be made independently, with careful consideration of individual risk tolerance and financial objectives.
GBPCHF - Classic 'W' PatternGBPCHF has been setting up for the next impulse phase as we can see common 'W' price action pattern which has made the last swing low in this reversal structure to see buyers step in and push price upward.
Always wait for confirmation, Good Luck
EUR/JPY – Double Top with RSI Divergence (Bearish Setup)Technical Analysis (Short Trade Idea)
EUR/JPY is forming a textbook double top pattern with notable bearish signals:
First top: 173.242
S econd top: 173.111 (lower high, indicating weakening bullish pressure)
Neckline: 171.650 – key support level, potential breakdown trigger
RSI divergence: Bearish divergence observed as RSI prints lower highs while price forms nearly equal tops, signaling momentum loss
This structure suggests a potential reversal from recent highs. A short opportunity may arise if price breaks below the neckline at 171.650 with confirmation.
Trade Setup
Sell Stop: 171.650
Stop Loss: 173.148
Take Profit 1: 170.180
Take Profit 2: 168.642
GOLD IS MELTING LIKE A ICEGOLD IS MELTING LIKE A ICE -
Trading below 20SMA and 50SMA making it less attractive at current price level.
ALSO RELATIVE STRENGH IS WEAKNING .
As per my view Sell on rise will be profitable for short term .
DOWNSIDE TARGET SHOULD BE WITHIN 92000 TO 90000 .
H & S Pattern on Bigger tf.ISL Analysis
Closed at 97.65 (04-07-2025)
H & S Pattern on Bigger tf.
Very Important to Sustain 99 - 100.
Sustaining this level may lead it
towards further upside around 105 - 109
initially.
Otherwise it may test 85 - 87.
Amd - This is just the beginning!Amd - NASDAQ:AMD - perfectly plays out:
(click chart above to see the in depth analysis👆🏻)
Despite the harsh drop of about -65% which we have been witnessing starting back in 2024, Amd remains bullish. Just three months ago, Amd retested a textbook confluence of support. We saw bullish confirmation, the bottom is in and Amd will rally significantly from here.
Levels to watch: $200, $300
Keep your long term vision!
Philip (BasicTrading)
Bitcoin - We have to see new highs now!Bitcoin - CRYPTO:BTCUSD - is now at the previous highs:
(click chart above to see the in depth analysis👆🏻)
It could really not be more exciting on Bitcoin at the moment. With the current "all or nothing" potential breakout or double top creation, we will either see a bullrun or a bear market. So far, bulls are still strong, so the chances of a breakout luckily remain higher.
Levels to watch: $100.000
Keep your long term vision!
Philip (BasicTrading)
Cup of the Morning for DXYThe TVC:DXY seems to be forming a Cup and Handle Pattern on the 1Hr Chart!
Cup and Handle pattern is considered a strong Reversal Pattern where we should expect Bullishness for the USD.
After the 2nd or Equal High to the 1st was formed, Price made a Retracement to the 38.2% Fibonacci level and found Support to the begin forming the "Handle" or Consolidation Phase of the Pattern.
Price must Break and Close above the "Brim" or Equal Highs of the Cup @ 99.113 to Confirm the pattern!
Once confirmed, we can then look for price on DXY to rise up to the next level of Resistance in the 99.6 area!
Micron Technology - Starting the next +80% move!Micron Technology - NASDAQ:MU - perfectly respects structure:
(click chart above to see the in depth analysis👆🏻)
Starting back in mid 2024, Micron Technology created the expected long term top formation. We witnessed a correction of about -60%, which ultimately resulted in a retest of a confluence of support. So far, Micron Technology rallied about +60%, with another +80% to follow soon.
Levels to watch: $150, $180
Keep your long term vision!
Philip (BasicTrading)
Dogecoin - Don't forget the dog now!Dogecoin - CRYPTO:DOGEUSD - still remains quite bullish:
(click chart above to see the in depth analysis👆🏻)
Basically during every major bullrun on Dogecoin, we always saw a correction of at least -60%. Therefore the recent drop of -70% was not a surprise at all but rather a natural all time high rejection. If Dogecoin manages to now create bullish confirmation, the bullrun will continue.
Levels to watch: $0.2. $0.5
Keep your long term vision!
Philip (BasicTrading)
Could BOJ's "HOLD" on Rates Turn AUDJPY "On Its Head"?Here I have a Multi-Timeframe analysis on OANDA:AUDJPY which is giving multiple signs of Higher Prices potentially to come!!
First on the Daily we can see that Price formed a Hammer Candle after testing the March 11th Support Zone and as the next Daily candle forms (Today), we are already seeing a Bullish Confirmation candle begin!
*Bullish Engulfing would be a textbook Confirmation Candle!
Now zooming into the 4Hr / 1 Hr Charts, this Hammer is formed by what looks to be a very Strong Reversal Pattern, the Inverted Head and Shoulders!
Now we are still waiting for the Confirmation of the Pattern where Price needs to rise to the "Neckline" or Resistance Level.
Once Confirmed, we will look for a Breakout of the Pattern and if Validated, could deliver great Long Opportunities as a Breakout and Retest of the Inverted Head and Shoulders Pattern!
If the Pattern is Successful, we could expect the Price Target to be at the next level of Resistance being the 95.3 - 95.6 Area!
Fundamentally, the BOJ begins the week with Policy Rate decision Monday evening where they forecast a HOLD on Interest Rates, staying at .5%. This could have drastic implications on the JPY, potentially weakening it.
Inverse H&S pattern in play.GWLC Closed at 50.33 (16-06-2025)
Inverse H&S pattern in play.
50.20 is important to sustain.
Upside Resistances are 56 then 60 - 62.
Should not Break 45 now.
I'm Buying!Price will go above 3500 just don't know how much. I want to play safe, 1st target @3500. As our 2nd target accomplishes we'll take reverse position on the possible top.
Amd - This starts the next +200% rally!Amd - NASDAQ:AMD - is preparing a major rally:
(click chart above to see the in depth analysis👆🏻)
It has - once again - not been unexpected at all that we now see a major reversal rally on Amd. After the harsh drop of about -65%, Amd retested a significant confluence of support and already created bullish confirmation. It is quite likely that this now starts the next bullrun.
Levels to watch: $100, $300
Keep your long term vision!
Philip (BasicTrading)
