Bullish Setup: ICP Eyes 70% Gain if Resistance BreaksAfter the strong drop that started in December last year — a move of almost 70%, from 15.5 down to around 4 — ICP entered a 4-month consolidation/accumulation phase.
The range is well defined:
• Support: around 4.5
• Resistance: slightly above 6
With Total3 showing a bullish outlook, there’s a high probability that ICP will finally break above 6 and accelerate towards the 10 USD key zone.
That would mean roughly a 70% upside, and with a 1:3 risk-to-reward ratio, this setup deserves your attention.
📌 Plan : Watch for a confirmed breakout above 6 and manage risk according to your trading rules.
🚀
Signalprovider
EURUSD Bulls Defend 1.16 – Break Above 1.17 Could Ignite RallyOn Monday, I mentioned that EURUSD could extend its ascent thanks to a short-term pennant formation.
For this reason, I bought into dips and, fortunately, my stop loss was well placed — the pair reversed only 5 pips above it.
Now, the trade is sitting comfortably with a 40-pip profit, and in my view, the upside potential isn’t over yet.
Technical view:
• On Monday, EURUSD dipped to test the 1.1600 support zone.
• The bounce from there resumed the uptrend that started after this month’s NFP release.
• The pair is now challenging the horizontal resistance around 1.1700.
A clean break above 1.1700 would likely open the door to the 1.1800 area.
Bias: EURUSD remains bullish as long as 1.1600 holds. 🚀
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Silver at a Crossroads – 38.50 Break or 38.00 Collapse?Right now, Silver is worth keeping on the radar.
After falling from multi-year highs near 40 down to 36.20, the metal reversed and broke above both the falling trendline from the top and the 37.80 resistance.
Similar to Gold, the final sessions of last week were marked by range trading, with a clear top at 38.50 and bottom at 38.00.
Looking ahead:
• Bullish case: A break above 38.50 would be significant for buyers and could open the door for another test of the 40.00 zone.
• Bearish case: A daily close below 38.00 would be very negative, confirming a lower high at 38.50 and raising the probability of an ABC-type correction. In this scenario, 35.50 support becomes a likely target, with potential for a 2,500-pip drop.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
BTC Bulls Back in Control – 130K in SightIn my previous BTC analysis, I highlighted that the price was sitting right in a confluence support zone, with strong odds for a bullish reversal.
That scenario played out well — bulls regained control. After a retest of the low pruces in the middle of last week and a modest initial bounce, momentum accelerated today, pushing BTC close to its previous all-time high at the time of writing.
Looking ahead, I don’t expect the old ATH to be a major obstacle for buyers. A clean break above should open the path toward 130K+ as the next logical upside target.
For now, as long as BTC trades above 114K, bulls have no reason for concern.
Range, Gaps, and Whipsaws: Gold Awaits Its Next Big MoveThe final days of last week have been frustrating for Gold traders, to say the least.
Starting Thursday, when the price tested the waters around 3400, we entered a range — but not a calm one. The moves inside this range were sharp and violent: a quick rally to 3400 followed by an equally quick drop to the 3380 zone, and so on.
Even the final hours of Friday mirrored this behaviour, with Gold dipping to 3380 only to recover and close the week near 3400.
The Asian open a few hours ago brought another twist — a gap above 3400 that was quickly filled, followed by continued downside in what could be described as a classic “gap and crap” scenario.
From a chart perspective, the bigger picture is still unclear. We do, however, have two critical levels to watch:
• 3365 → important support
• 3400 → key psychological resistance and technical level
Until we get a clear and decisive break above or below one of these zones, direction remains uncertain.
Personal plan:
• I would avoid trading an immediate breakdown below support today — in such a case, I’d prefer to wait for the daily close before committing.
• On the other hand, if price pushes back towards 3400, I suspect we might finally see a breakout, so I’ll be preparing for long positions in that scenario.
For now, a wait-and-see approach seems most prudent.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Gold Futures Hit $3,534 – Spot Lags by $100. What Could Mean?I don’t usually track Gold Futures every single day, but today a fellow trader drew my attention to something — and it’s impossible to ignore.
Gold Futures just printed an all-time high at $3,534, while spot gold (XAUUSD) topped at $3,409 — a $120 spread at the peak, now narrowed to about $100 at the time of writing.
A spread like this is highly unusual and, more importantly, unsustainable. By the time the August 27th contract expires, futures and spot must converge to the same price.
That means one of two things is about to happen — and either way, the move would be explosive.
1. Bullish Scenario – Futures Are Right
If the futures market is telling the truth, spot gold will have to accelerate higher to close the $100 gap.
If XAUUSD stabilize above $3,400, the odds of a push toward its own ATH become significant — and the move could be fast and aggressive.
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2. Bearish Scenario – Futures Are Overreaching
If futures are overshooting, they will have to correct — hard.
From a technical standpoint, if spot will drop below $3,370, the door to a continuation is open toward at least $3,330 support.
A 400-pip drop in spot could translate into at least a 1,000-pip drop in futures, bringing the spread back toward its more typical 20–30 range.
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Why This Matters?
Regardless of direction, $100+ spreads do not last. In the next three weeks, one side will be proven wrong, and the prices will snap back together.
Looking back at this year’s price action, spot and futures have always mirrored each other with an average spread of 20-30usd, depending on conditions and expectation, and for example:
• The spot ATH at $3,500 matches $3,509 in futures.
• The May low was identical in both markets.
This current divergence is the outlier — and it’s screaming that a major move is coming.
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Bottom line: If futures are right, spot gold is about to rip higher. If spot is right, futures are about to collapse.
Gold Price Action Update: Neutral to Bearish BiasThis week, apart from my short trade on Tuesday, I’ve maintained a bullish outlook on Gold, suggesting buying the dips with the expectation of a breakout above the 3380-85 zone. I was targeting an acceleration above 3400 and eventually 3440. I followed through with this idea and bought in anticipation of the move.
However, something about Gold's recent price action raised a red flag for me, prompting me to close my buy positions. Let’s break it down:
Starting yesterday morning, the price action became erratic. Initially, we saw the expected breakout, but it was quickly reversed, and the price action turned choppy. Then came a series of quick pumps, followed by quick reversals—each time the market would move up, only to fall back again. As of writing, we’re sitting at 3388.
This kind of erratic movement usually suggests that we’re nearing a top, and even if Gold spikes again above 3400, I don’t want to hold positions in a market that’s so volatile and unsustainable in either direction.
So, I’m out for now, adopting a neutral to bearish stance.
If the price drops below 3370, it would indicate a likely top formation, and at that point, I’ll be looking to sell rallies; till then, wait and see.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Ethereum (ETH): On Fire, Heading For Another Breakout Attempt ETH is on fire, where the price is catching the buyside momentum and probably going for that $4000K breakout attempt once again, where our trade will be closed as well (in the region of $3950-$4000).
So we wait for that zone to be reached and once we break it there, we will be looking for another entry for a long to $4800!
Swallow Academy
Gold – Bulls Hold the Line, Pressure Builds for Upside BreakoutIn yesterday’s analysis, I argued that following Tuesday’s reversal — which printed a strong continuation bullish Pin Bar — buyers had regained control despite the intraday pullback.
For this reason, I suggested looking to buy dips, as the structure remained constructive.
And once again, during yesterday’s session, the scenario repeated itself.
The drop toward the 3360 zone was met with renewed buying interest, keeping the bullish structure intact.
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🔍 Technical Context – Higher Lows Building Pressure
At the time of writing, Gold is trading around 3380, a short-term resistance area that has capped gains so far.
However, the technical picture remains bullish:
Starting with Monday’s low at 3340, which came after a strong impulsive leg up, price has printed a clear succession of higher lows.
This behavior strongly suggests increasing buying pressure and builds the case for a potential breakout to the upside.
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🎯 Trading Bias – Holding My Long Position
My bias remains bullish.
In fact, I’m currently holding a long position, entered yesterday, which is now running with a 150 pips unrealized profit.
I’m sticking with the trade, anticipating that a confirmed break above 3380–3390 could trigger upside acceleration toward my final target — a 750 pips profit objective.
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🔄 What to Watch Next
• Daily close: A close above 3380=3385 zone would add confirmation to the bullish thesis.
• Key support: The zone around 3360 is now support.
• Breakout trigger: A move above 3380–3385 could unleash momentum buying and open the path to higher levels.
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Let’s stay patient and let the market confirm the breakout.
Until then, the structure favors the bulls. 🚀
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
XAUUSD – Bears Gave It a Shot, But Bulls Still in Control1. Quick recap of yesterday
In yesterday’s analysis, I highlighted the possibility of a short-term correction on Gold and noted that, although risky, a short trade could be justified. Acting on that conviction, I took a short with a sniper entry, capturing over 250 pips in floating profit. However, Gold found strong support around 3350 and reversed aggressively. I closed the trade with a more modest +140 pips gain.
2. Key development: NY session reversal
Despite early signs of weakness, the New York session flipped the script, sending Gold back toward the top of the daily range. The daily close near highs tells us one thing:
➡️ The bulls aren’t done just yet.
3. Technical outlook
• Resistance remains firm at 3375–3380+ zone
• A clear breakout above this zone opens the door for 3400+, with a likely magnet at 3430
• As long as the market holds above this week’s low, dips are buyable opportunities
4. Trading plan
For now, the bias shifts back to the long side. I’m watching for intraday dips to build longs, with invalidation below this week’s low. The structure favors continuation — but only if 3380 gives way we have confirmation.
5. Final thoughts
Gold may have teased the bears, but the real power still lies with the bulls. If momentum kicks in above 3380, we could be on our way to test 3430 soon. 🏹
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
XAGUSD: Correction May Be Over – Watch $37.60 BreakoutAfter reaching a local top around the $39.50 zone on July 24, Silver entered a normal corrective phase, with price dropping over 3,000 pips from top to bottom — roughly an 8% retracement.
📉 Despite the strength of the drop, the structure was clearly corrective, not impulsive. Even more, the move formed a descending broadening wedge, a pattern that often hints at a potential reversal.
📈 Yesterday, we saw a clean breakout above the wedge’s upper boundary — which may signal the end of the correction.
At the time of writing, price is trading at $37.45, right under a key horizontal resistance zone between $37.50 and $37.60.
A breakout above this level would confirm the low and likely initiate a new move toward the $38.70 resistance.
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🎯 Summary & Plan:
• A break above $37.60 = bullish confirmation
• Target: $38.70 (first resistance)
• Invalidation: If price drops below $37, bulls lose control
As long as price holds above the $37 zone, the technical outlook remains constructive, and traders could consider setups aligned with the upside scenario. 🚀
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Altcoins Recovering: TOTAL3 Bounces from Key Support ZoneIn my previous analysis on TOTAL3, I mentioned that I'm working with two possible bullish scenarios for altcoins. It now seems we're firmly in Scenario #2.
📉 The price dropped exactly into the highlighted support zone, then yesterday we saw a clean recovery and reversal starting right from that area — a textbook technical reaction.
📈 At the time of writing, TOTAL3 sits at $986B, and a break above the $995B–$1T resistance could trigger a new leg up for altcoins.
🎯 Short- and mid-term targets remain:
• $1.08T (recent top)
• $1.15T
• Potential for new all-time highs if momentum builds
✅ As long as price holds above the $920–$930B support zone, bulls remain in control. This keeps the door open for selective altcoin entries — ideally, projects with real structure, strong tokenomics, and clear momentum.
EURUSD – Retest in Play After NFP Reversal?EURUSD started last week with a heavy bearish tone, dropping 200 pips on Monday alone — which is quite a move for such a typically stable pair.
After a brief consolidation around the neckline support of the recent double top, sellers came back in, pushing the pair down to 1.1400 by Friday — a level I highlighted in my previous analysis.
But then came NFP...
The weak jobs data triggered a sharp bullish reversal, and the euro took off like a rocket.
By the weekly close, the pair had rallied all the way back to the neckline zone, now acting as potential resistance.
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🔍 Technical Outlook:
This area around 1.1550–1.1590 could now serve as a retest of the broken structure.
• 🔽 A rejection here, followed by a break back below 1.1500, would confirm the bearish scenario and open the door for a move toward 1.1200, the next major support.
• 📌 On the flip side, a sustained move above the neckline would invalidate the double top — and put bulls back in control.
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Conclusion:
Watching for sell signals around the neckline makes technical sense — but confirmation is key.
The reaction early this week will likely set the tone for the next major swing.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
XAUUSD – Bullish Reversal or Just a Deep Correction?Last week was a wild one for Gold.
After a quiet start and some choppy price action, the market dropped hard on Wednesday, breaking not only the 3300 key level but also the 3280 horizontal support — and what followed was anything but calm.
As expected after a strong move, the price pulled back to retest the broken support.
But Friday changed everything.
Instead of continuing down, Gold reversed sharply, fueled by weaker-than-expected NFP data. Price surged 800 pips from low to high, breaking above both the 3310 resistance zone and the weekly high around 3335.
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🧭 Key Question:
Are we back in the bullish trend, or is this just a strong correction of the 3440 → 3270 drop?
Since May, Gold has lacked a clear trend — so a step-by-step trading approach is the most advisable to adopt.
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🔍 Outlook:
Given the strength of the reversal and the break above two important resistance levels, my bias is bullish.
• 📌 Support: 3335 — a pullback into this zone could offer a buy opportunity in line with the recent momentum.
• 📌 Resistance: 3375 is the next key level to watch.
• ❌ Invalidation: A drop below 3310 would cancel the current bullish scenario.
🧠 Final Thoughts
Gold’s recent move challenges both bulls and bears.
Yes, the bounce was strong. Yes, key resistance levels broke.
But with no clear trend since May, chasing long term direction can be risky.
That’s why a step-by-step approach is the most advisable to adopt — let the market confirm each move before committing to the next.
For now, the breakout above 3310 and 3335 leans the bias to the upside.
However, staying reactive — not being stuck with an idea — is the smartest approach.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
BTCUSD – Is the Correction Over? Key Support Holding so FarLast week was a red one for Bitcoin, with price declining day after day, and losses accelerating into Thursday and Friday.
However, yesterday’s low around 112K landed perfectly at a strong confluence support: a key horizontal level aligned with the ascending trendline from April.
Despite the drop, the broader structure remains firmly bullish. So far, this move looks like a normal correction within an uptrend — nothing more.
Looking ahead, I expect a reversal from this support. If bulls can reclaim the 117.5K–118K zone, the path toward a new all-time high opens up again.
🔍 Bias: Bullish
🎯 I consider this current level a good swing trade opportunity, with at least a 1:2 risk–reward potential.
Gold Rejected at 3315 – But Bulls Might Not Be Done Yet📌 What happened yesterday?
During the Asian session, Gold printed a fresh local low at 3268, continuing the downtrend that already dropped over 1700 pips in just one week. However, that move quickly reversed, and we saw a natural corrective bounce.
📈 Resistance holds firm
The correction took price back up into the 3310 zone, which acted as confluence resistance. After two taps into that area, price failed to sustain above 3300, indicating sellers are still active there.
❓ Is the upside correction over?
I don't think so. The recent drop has been choppy, lacking the strong momentum of previous legs. This type of price action often signals that we are still within a correction, not in a clean continuation.
📊 What am I watching?
I’m actively monitoring for:
• Exhaustion signs on the downside
• Upside reversal signals
My plan is to open long trades only when I see confirmation, aiming for a move back toward the 3330 zone, which could act as resistance.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Correction Ahead? SP500 Prints Reversal Signal at Key Resistance📘 This market moves like a textbook chart
SP500 is acting like a perfect case study from a trading manual. Back in early April, the index dipped just below 5,000, right into a confluence support zone ( I had spoken about this at the time ) – formed by the long-term ascending trendline and the 2022 all-time high. Just like other U.S. indices, the market reversed aggressively from that area.
🚀 A 30% rally in 4 months
From that low, SP500 rallied around 30% in just four months. An incredible move that brought the index straight to the upper boundary of the yearly rising channel.
🕯️ Bearish signal at the top
And just like in NAS100’s case , the index printed a strong Bearish Engulfing candle exactly at that resistance level. This kind of signal, after such a rise, shouldn’t be ignored.
📉 A correction is not only probable – it’s needed
A pullback from here is not just likely, but in my opinion, healthy and necessary . Short-term speculators could look for a move toward the 6,150 zone, which would already offer decent room for profit.
🔍 What if it goes deeper?
I wouldn’t be surprised to see a correction down to 5,750–5,800. That’s about a 10% decline, which wouldn't even classify as a bear market, just a normal reset after a euphoric rally.
🧠 Perspective matters
In a market that gained 30% in four months, a 10% correction is not a crash — it’s discipline being restored.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Top in Place? NASDAQ100 Signals Exhaustion After Incredible Run📈 The crazy run since April
NASDAQ100 has had a spectacular run since early April, when the index dipped to 16,300 amid rising tensions caused by Trump’s tax war. From that low, we’ve seen a mind-blowing rally of over 7,000 points, which translates to a 40% gain in just 4 months.
Such a rise is not just impressive— it’s overextended , especially by historical standards. Markets don’t move in straight lines forever, and this one might be showing signs of fatigue.
🕯️ Bearish signal at the top
Fast forward to this week: yesterday, the index marked a new all-time high at 23,700, but closed the day with a strong bearish engulfing candle — one that wipes out the gains of the previous 4 trading sessions.
This is not a small technical detail. Such candles, when appearing after an extended rally, often signal exhaustion and a potential shift in momentum.
❗ Top in place?
In my opinion, there's a high probability that a top has been set, at least temporarily. We might be looking at the beginning of a healthy correction, or even something more meaningful, depending on follow-through in the next sessions.
📉 Where to next?
The first major support to watch is the 22,200 level.
I expect that zone to be tested soon — and honestly, considering how much the index has gone up, this shouldn’t surprise anyone. It’s nothing more than a minor pullback, all things considered.
🧠 Stay smart!
When markets go vertical, it pays to stay disciplined and realistic. Tops rarely announce themselves, but when signals like this appear, it’s wise to listen.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
XAUUSD Update – Down Continuation to 3250?1. What Happened Yesterday
After an anemic correction that formed a bearish flag, Gold finally broke below 3300 and even dipped under the 3280 support zone — which was my primary downside target. While the move during the day didn’t have enough momentum to reach my second sell limit, I was already in a low-volume short position, so I didn’t miss the move entirely.
2. The Key Question
Has the drop ended, or are we looking at further downside?
3. Why I Expect More Downside
• The overall structure remains bearish.
• The newly formed resistance (previous support) is now the new sell zone.
• If the price drops towards 3280 again, continuation to 3250 becomes very probable.
4. Trading Plan
Selling rallies remains the preferred strategy, especially on spikes into resistance. As long as the price stays below 3335-3340 zone, the bearish outlook remains intact.
5. Conclusion
Sell the rallies. The technical picture still favors downside continuation — no need to overcomplicate it. 🚀
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Closed Longs, Now Selling Rallies on EURUSD ReversalAs mentioned in my previous posts, I’m been bullish on EURUSD in the medium term, targeting 1.20 and even beyond.
But no pair—especially not EURUSD, which tends to move more steadily and rationally—goes up in a straight line.
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🔹 Last week, the pair stalled just below 1.18, and I decided to close my long trade with a +150 pip gain. That proved to be a wise call, as price dropped hard shortly after.
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📉 What’s happening now?
• EURUSD has broken below the rising trendline
• More importantly, it’s broken below the neckline of a double top pattern
• Now trading around 1.1535
This opens the door for a deeper correction, and I expect we could see a test of the 1.1150–1.1100 zone by the end of summer.
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📌 Trading Plan:
• I’m now in sell-the-rally mode
• Ideal short entry: around 1.1650, where we also get a favorable 1:3+ risk-reward
• Watch also for interim support around 1.1400
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Conclusion:
The bigger picture remains bullish— but this correction looks healthy and isn’t done yet.
Selling rallies makes more sense now, until the structure tells us otherwise.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
XAGUSD – Reversal Signs After the Run Toward $40Lately, I’ve been a strong advocate for a Silver rally toward $40, and indeed, we got a solid move, with price reaching as high as $39.50, not touching 40 though...
Just like with Gold, the last 3 days of last week turned bearish, and now it looks like we may be entering the early stage of a correction.
📉 Current Setup:
- The rejection from $39.50, right below the psychological $40 level, is significant
- I’ll be monitoring for a possible short entry if we get a rebound into the $38.80–$39.00 zone
- A new high above $39.50 would invalidate this setup
📌 On the downside, if price breaks below the confluence support at $37.70–$38.00, that would confirm the reversal and could lead to an acceleration toward $35.50 support
Conclusion:
The bullish narrative on Silver is pausing here. Until a new high is made, I’m looking to sell the bounce and follow the momentum if the breakdown under support is confirmed.
Let’s see how this plays out this week. 🧭
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
TOTAL3 – Still Bullish, But Waiting for Clarity
In my previous analysis on TOTAL3, I mentioned the high probability of a correction, but also noted that I didn’t expect the 925–940B zone to be reached.
And indeed, price reversed early — finding support around 975B before moving higher.
However, after a push up to 1.07T, the market has started to pull back again.
📊 Current Outlook – Two Scenarios I’m Watching:
Bullish Triangle:
Price may continue to consolidate into a symmetrical triangle, then resume the uptrend from there.
Deeper Pullback into Support:
The market could retest the 925–940B zone, a key support area, before bouncing back up.
⚠️ Bearish Reassessment?
Of course, if price breaks back below 925B and stays there, we’ll have to reconsider the bullish case.
But for now, the trend remains intact, and there’s no technical reason to panic.
📌 My Plan:
I already hold a bag of alts, and I’m not adding for now.
I’ll wait until the pattern becomes clearer — whether it’s a triangle breakout or a dip into support.
Until then, I’m sitting comfortably on what I already hold.