GLD long-term TAGold is having a healthy strong weekly uptrend and monthly as well for quite a while.. but will it grow further? sure it can but there's a small negative divergence and distribution ongoing on mid-term which is why gold stuck at these levels at the moment. As for the GLD on weekly and gold in general watch for support level (blue line) and upward moving SMA50 to hold the price in the event of correction.
As of now Gold continues its uptrend, GLD got through the $381 pivot on Daily and shows the sign for the support in current range between $360-380 but the distribution hasn't completed yet.
Technical Analysis
Crude Oil Has Finally Finished An Intraday Corrective SetbackCrude oil made a very strong rebound back in mid-October with an impulsive move of more than 11%, while the current retracement from 62 is very slow, which still suggests a counter-trend movement despite the weakness now retesting the 78.6% support levels. We can still see three waves down, and ideally subwave c is coming into a potential support zone, so a rebound can still happen while the market trades above 55.96 invalidation.
Looks like Crude oil is finally on the way back to October highs, as we see a sharp and impulsive rebound from the 78,6% Fibonacci retracement after a completed wedge pattern. So be aware of more intraday gians, especially if breaks back above 60 level, just watch out for pullbacks.
FXI long-term TAChina's large-cap has been in a healthy weekly uptrend since spring of 2024 and it's still holding up the uptrend, but the mid-term is currently in heavy distribution, we need more time for it to balance and bottom out before the uptrend continues. Watch for SMA50 to hold the support during the test.
USDCAD Potential DownsidesHey Traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.30600 zone, USDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.30600 support and resistance area.
Trade safe, Joe.
Gold Eyes 4,110 — USD Weakness Could Fuel the Next Leg Up!!Hey Traders,
In today's trading session we are monitoring GOLD (XAUUSD) for a potential buying opportunity around the 4,110 zone. Gold continues to trade firmly within an established uptrend, and the current pullback is bringing price right into a key support + trend confluence at 4,110 — a zone where buyers have consistently stepped in.
Macro context supports this setup:
The US Dollar has been losing momentum, pressured by rising expectations of a December FED rate cut and increasingly soft economic data. Weak labor market signals, cooler inflation trends, and shifting rate expectations have collectively weighed on the DXY.
A softening USD typically acts as a tailwind for gold, especially in environments where monetary policy is turning more accommodative.
If the Dollar continues to slide, it could provide the catalyst needed for Gold to resume its bullish leg off the 4,110 support zone.
Trade safe,
Joe
EUR/USD – Rising Wedge Breakdown Signaling Deeper BearishThis EUR/USD 2H chart shows a classic rising-wedge distribution, a pattern that often forms before a strong bearish move. Price rallied inside a rising channel, but the momentum weakened near the upper resistance zone, creating lower highs and showing sellers stepping in early.
A clean breakout below the wedge support confirms that buyers lost control. After the drop, price pulled back for a retest of the broken structure — exactly where sellers typically reload positions. That retest (highlighted in yellow) shows rejection, signaling bearish continuation.
The market is now expected to push toward the 1.15400 support zone, which aligns with previous demand and high-volume areas. If that level fails, the larger support near 1.14700 becomes the next major target.
This setup reflects a textbook bearish transition:
Breakout → Retest → Continuation.
MarketBreakdown | USDJPY, EURCHF, Dollar Index, Silver XAGUSD
Here are the updates & outlook for multiple instruments in my watch list.
1️⃣ #USDJPY 4H time frame 🇺🇸🇯🇵
USDJPY is trading in a strong uptrend on a daily.
After the market updated the last high, it started a correctional movement.
We see an intraday downtrend now.
I think that the pair found a bottom and is going to rise soon.
Look for a bullish breakout of 156.75 level as your signal.
It will confirm a violation of a bearish trend and a highly probable start of a new bullish wave.
2️⃣ #EURCHF daily time frame 🇪🇺🇨🇭
I see a confirmed bullish change of character and a violation
of a bearish trend.
I think that the market will continue recovering and will grow more soon.
3️⃣ Dollar Index #DXY daily time frame $
The market reached a strong rising trend line and formed
a doji candle on that.
Because the trend is bullish, I will expect a bullish wave.
4️⃣ Silver #XAGUSD daily time frame 🪙
The market is very close to a current all time high.
With the tendency to set higher lows after retracing from that
there is a high chance to see a breakout and a formation of a new higher high soon.
A daily candle close above the levels of the ATH will confirm the violation.
Do you agree with my market breakdown?
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GBPCAD: Pullback From Resistance ?! 🇬🇧🇨🇦
There is a high chance that GBPCAD will retrace from
a key daily resistance cluster.
I see a nice double top pattern on a 4h time frame on that
and a confirmed breakout of its neckline.
Expect a bearish movement to 1.851 level.
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GOLD (XAUUSD): Another BoS
A quick follow-up for the yesterday's post for Gold.
The price successfully bounced and broke another intraday resistance,
setting one more local higher high on a 4H.
The market will most likely continue rising following the plan
and reach 4205 soon.
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ETH — Scaling Mastery Trendlines: Strat!This ETH setup combines three Scaling Mastery setups—the 1/10, 1/4, and 1/3 structures—stacked inside the same region. That alone makes this a high-value educational chart, because seeing all three appear together is rare.
1️⃣ Scaling Mastery Trendlines (1/10 • 1/4 • 1/3 Sets)
This chart uses the official Scaling Mastery Trendline System, where each trendline ratio tells you a different part of market behavior:
🟧 1/10 Trendline
Shows micro-reaction structure
Helps detect early shifts in momentum
Usually breaks first and gives the initial signal
ETH already broke this one cleanly.
🟦 1/4 Trendline
Shows medium-level structure
Confirms trend bias and filters false moves
ETH is currently retesting/reclaiming this region.
🟩 1/3 Trendline
The strongest diagonal structure
When this breaks, major HTF direction usually follows
ETH is attempting to push into this breakout zone now.
Having all three ratios interacting inside the same price zone is extremely valuable because:
➡️ It shows a stacked confluence of momentum
➡️ It forms a “ladder” of breakout confirmations
➡️ It gives a clean model for trend reversal and expansion
2️⃣ Bullish + Bearish Trendlines Forming a Hidden Channel
When you overlay:
The bearish red channel (recent downtrend)
The bullish turquoise macro expansion trendlines
…you actually get a dual-channel structure.
This means ETH is breaking both:
✔ The bearish downtrend channel
✔ Into the bullish expansion channel
At the same time.
This is a classic Scaling Mastery visual where bearish and bullish diagonals overlap and create a “channel breakout zone.” ETH is currently reacting inside that zone.
3️⃣ Expected Behavior if Breakout Holds
If ETH continues to hold above the 1/10 → 1/4 → 1/3 progression:
🎯 Target 1: $3,941
Mid-channel expansion target.
🎯 Target 2: $4,729 – $4,800
Full expansion to the upper turquoise trendline.
This aligns with standard Scaling Mastery expansion rules.
4️⃣ Structure Summary
1/10 broken ✔
1/4 reclaim attempt ✔
1/3 test incoming ✔
Bearish + Bullish diagonal confluence ✔
Dual-channel breakout structure ✔
Clear expansion targets to the upside ✔
This is a clean educational example of multi-trendline alignment, a signature technique of the Scaling Mastery system.
⚠️ Educational Disclaimer
This idea is for educational purposes only. It is not financial advice or a trade signal. Always analyze your own charts and manage your own risk.
BTC — Trendline Rejection or Breakout? BTC is approaching a key structural decision point, and the next move will determine whether we see continuation upward or a corrective sweep to lower liquidity levels. This idea outlines both scenarios with clear targets and educational structure analysis.
Key Structural Areas
1️⃣ Rising Trendline Support
BTC continues to respect a clean ascending trendline. This line has been a major pivot for the past several days.
Price is currently hovering just above it, and the yellow circle marks the confluence of:
Rising trendline support
A local demand block
Prior liquidity sweep zone
This is the most important area to watch for reaction.
2️⃣ Short-Term Rejection Scenario (White Path)
Before breaking upward, BTC may show short-term downside rejection, targeting:
➡️ Short-Term Target:
$88,180
This level aligns with:
Demand block retest
Trendline kiss
Local inefficiencies needing fill
A rejection into 88,180 would be normal and healthy before a potential bullish continuation.
3️⃣ Bullish Reclaim Scenario
If price taps the rejection zone and reclaims the trendline, upside targets remain:
$95,800 – $96,500 → Half-filled FVG + structural supply
$99,500 – $100,200 → Major FVG + macro resistance zone
These zones are where we expect strong reaction and profit-taking.
4️⃣ Breakdown Scenario
If BTC fails the trendline with a full candle close below, expect:
Breakdown of structure
Full sweep of demand
Deeper correction into mid-range levels
Not my primary bias, but it's critical to acknowledge the possibility.
Summary
BTC is sitting on an important trendline.
A quick rejection into 88,180 could be the liquidity grab needed before upside continuation.
Reclaiming the trendline = bullish continuation toward FVGs.
Breaking below = deeper corrective move.
📘 Disclaimer
This analysis is for educational purposes only. It represents personal opinion and not financial advice. Always do your own research and manage your own risk.
Structure of the Double Top PatternStructure of the Double Top Pattern
The Double Top consists of three main components:
1. First Top
- Price rises strongly and forms the first peak.
- Then price pulls back → creating the middle low (neckline).
2. Second Top
- Price rallies again but fails to break above the first top.
- This indicates weakening bullish pressure.
3. Neckline Breakout
- When price breaks below the neckline, the pattern is confirmed.
- This is the safest SELL entry.
Meaning of the Double Top Pattern
- Buying pressure weakens after the second top is formed.
- Sellers begin to dominate.
- Once the neckline is broken → a new downtrend begins.
- It is considered a strong and reliable reversal pattern when it forms after a clear uptrend.
Conditions for a Valid & High-Quality Double Top
✔️ The prior trend must be strongly bullish
✔️ Both tops should be approximately equal in height
✔️ Volume is usually higher on the first top and lower on the second
✔️ A strong neckline break with high volume → solid confirmation
How to Trade the Double Top Pattern
1. SELL Entry
Enter when price breaks the neckline and retests it.
✔️ The safest entry: SELL on the neckline retest → higher probability.
2. Stop Loss Placement
- Place SL slightly above the second top (or the first top).
- SL should be placed outside the structure to avoid false breakouts.
3. Take Profit (TP)
- How to estimate the target:
- Measure the distance from the top to the neckline, then project it downward.
Tips to Avoid Getting Trapped by a Double Top
1. Do NOT SELL just because price forms the second top → not confirmed yet
2. Only SELL when the neckline is clearly broken
3. Check volume or candle strength to increase accuracy
4. Combine with RSI, FVG, Trendline, Liquidity concepts for higher probability
Don’t forget to like and share your thoughts in the comments! ❤️❤️❤️
GBP/JPY: Strong Uptrend, Breakout or Correction?Hello traders! Today, we will analyze the GBP/JPY pair , which is currently in a strong uptrend and looking for opportunities to break higher.
The latest news from the UK shows expectations for a dovish policy from the Bank of England (BoE) , along with the weakening of the Japanese Yen (JPY) , which has pushed GBP/JPY higher. Additionally, the stability of the UK labor market has boosted confidence in the British Pound.
From a technical analysis perspective, on the H1 chart, GBP/JPY is moving in a clear uptrend channel . The price has surpassed 206.700 USD and is currently hovering near the resistance zone of 207.700 USD. The EMA 34 and EMA 89 are both supporting the upward trend, indicating a strong possibility of further gains in the short term.
The trading strategy is to buy when the price corrects to 206.700 USD and shows signs of reversal. The target for the uptrend could be 207.700 USD, and if the price breaks this level, we can expect it to move towards the 208.00 USD range. A stop loss should be placed at 205.500 USD to manage risk.
Interest Rate Cut – EUR/USD Soars, Great Buying Opportunity!We are witnessing a very exciting phase for EUR/USD. In the context of the US dollar continuing to face downward pressure due to expectations that the Fed will cut interest rates in December 2025, the euro is in a great position to continue its upward trend. Let’s take a closer look at the chart and key support levels to make the right decision.
The H4 chart of EUR/USD shows a clear bullish structure, with the price attempting to break the key resistance level around 1.1600 and continuing to rise strongly. Currently, the price is fluctuating around 1.1602, and according to technical forecasts, EUR/USD could continue to rise toward the 1.1650 level if it maintains support above the 1.1600 resistance.
Below the price, the area around 1.15500 serves as a strong support, where the price could bounce back in the case of a minor pullback. The appearance of higher lows indicates that the bullish trend remains intact.
With positive signals from both the market and technical analysis, buying EUR/USD during pullbacks remains a reasonable strategy. If the price continues to hold above the 1.1550 support, we can look to buy with a target at 1.1620, where a short-term sell-off might occur. If the trend remains strong, the next resistance level is at 1.1650, where EUR/USD may face selling pressure, but the preference remains to buy in line with the overall trend.
XAUUSD: Gold Continues to Rise on Rate Cut ExpectationsGold continues its upward trend from yesterday, with the current price at 4,159.455 USD. The chart shows that gold is moving within a stable upward channel, and if it maintains above this support level, there is a high likelihood that the price will continue towards the 4,190,000 USD level.
Why is gold continuing to rise?
Weaker-than-expected U.S. retail sales data has reinforced the forecast that the U.S. Federal Reserve (Fed) will cut interest rates in December 2025. This has weakened the USD, which in turn reduces yields and increases gold's appeal as a safe-haven asset. These factors, combined with expectations of rate cuts, suggest that gold has the potential to continue rising sharply.
Next Scenario:
If the price of gold stays above the 4,120,000 USD support zone, there is a high probability it will break through the 4,190,000 USD resistance level. The potential for continued upward movement could push gold to 4,230,000 USD in the near future.
With strong support and a favorable market backdrop, XAUUSD is likely to continue this upward trend, especially as labor market data from the U.S. is released.
BTCUSD: A fragile rebound, with risk of returning to the 84,000 After a fairly “tiring” week , Bitcoin has ticked up slightly at the start of the week, but the overall picture still leans clearly toward the bears . Outflows from U.S. spot Bitcoin ETFs have now extended into the fourth consecutive week , showing that institutional money is still cutting exposure. At the same time, the market is both hoping for a Fed rate cut in December (around 70% probability) and worrying because many Fed officials remain cautious. With no new bullish catalyst , the crypto market in general – and BTC in particular – remains under short-term downside pressure.
On the D1 timeframe, BTCUSD is holding a clear downtrend below the Ichimoku cloud . A descending trendline drawn from the previous highs continues to cap every rebound. Price is currently trading around 87,000 USD, after dropping to a recent low near 83,500 USD and then bouncing slightly. The scenario illustrated on the chart suggests BTC may range and consolidate before pushing up to retest the 96,700 USD area – a key confluence resistance where the descending trendline meets a horizontal supply zone.
If BTC reaches the 96,700 USD region but faces strong selling, the primary scenario is a new leg down back toward the 84,000 USD support zone. With ETF flows still negative and the Fed’s outlook still uncertain, every bounce into higher resistance levels currently looks more like a distribution opportunity than the start of a sustainable uptrend .
TSLA — Bullish Above 317.77, Targeting 544.53TSLA maintains a bullish structure as long as price holds above the key zone at 317.77.
This level represents the foundation of the current upward leg and serves as the invalidation point for the broader trend. As long as buyers protect 317.77, upside continuation remains the dominant scenario.
Price is currently reclaiming the 0.5 Fibonacci level at 424.43. A sustained close above this area strengthens bullish momentum toward 452.77 (0.618), followed by 472.47–484.48 (0.7–0.75). A breakout above these mid-range levels would open the path toward the major extension target at 544.53.
In a bearish scenario, price cannot break above the key support zone; any rally into it while trading below would be considered only a corrective bounce.
But as long as 317.77 holds, the primary outlook remains bullish.
MU long-term TAMicron is one of the strongest among semis, there's no need to wonder why it's holding up so good, it has plenty of heavy bullish volumes on weekly time frame which have started to correct recently yes, to be more precise since last week the mid-term has initiated the distribution, so now MU needs some time to balance everything. Watch the blue lines for the support to hold.
Coca-Cola Is Attacking All-Time HighsCoca-Cola is basically one of the most famous drink brands in the world. It started in the late 1800s in the U.S., and over time it turned into a huge global company. They’re known for their classic Coke, but they also make tons of other drinks—juices, waters, teas, and even energy drinks.
After that gap up, Coca-Cola filled that gap as expected and then turned higher and broke above 71.77 resistance. So the wave structure remains bullish, and we could still see a push to new highs, as wave C — possibly the final leg of an ending diagonal — may target the 76–78 area. So latest retracement toward 68 might have been just temporary setback ideally wave two and bulls are now ready for new highs. We remain bullish as long as price stays above 66.
Highlights:
Trend: Bullish (wave C continuation in w. 5)
Support: 71, 68, 66
Resistance: 74, 78
Note: Bullish above 66, watching for wave C resumption towards new highs.
PLTR long-term TAPalantir is a massive beast, this stock has a very strong uptrend on weekly time frame and it's far from done yet, currently there's a countertrend correction in the process and the distribution on mid-term but as for the long-term it has lots of resources left to continue the uptrend rally after the correction. Watch for the blue line and SMA50 to hold the support.
BTC mid-term TABitcoin is having a relief rally from the continuous falling initiated by excessive selling, you may also see the MACD crossover, yes, but it's in bearish area and it's too early for the downtrend reversal, it's just a bounce or a short-lived rally, you may call it the way you like it, but the bearish downtrend is engaged and it's still very strong and it will need much more time and effort to finally bottom out. For now let's hope for X-mas rally to continue.
Watch for the resistance levels at 95k and the falling SMA50.
BTCUSD Bearish Setup?Bitcoin on the weekly chart has shifted from strong trend to corrective territory. After topping twice near the 125,000 resistance, price has broken below the 20-week and 60-week MAs (around 110,662 and 99,350), and is now pressing into the 86,000 demand area and the prior swing low near 85,250. This aligns with a moderately confirmed Double Top, with the neckline around 105,000 now acting as key resistance within a broader, still-intact long-term uptrend supported by the 120-week MA near 75,292.
The primary path favors further downside as long as BTCUSD holds below the neckline and the 99,000–105,000 region. A weekly close below 85,250 would confirm a bearish Market Structure Shift, validating the Double Top and opening room toward 82,000 and then the 75,500 target just above the 120-week MA. In this scenario, rallies back toward 95,000–99,000 are likely to be treated as corrective bounces within a dominant downtrend.
If buyers can defend 86,000 and push for a 1W close above 98,000, the focus shifts to a mean-reversion move toward the 60-week MA and the 105,000 neckline, with potential extension toward 112,000. A sustained weekly close back above 95,000–98,000 would begin to weaken the bearish thesis. This is a study, not financial advice. Manage risk and invalidations.
Thought of the Day 💡:
Clear triggers and invalidations matter more than perfect forecasts.
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QCOM long-term TAQualcomm looks good on weekly time frame and it's actually very similar to Marvell's setup, these two semis have much more in common on long-term indicators setup. Currently there's a small distribution ongoing on mid-term and the same as Marvell both are having positive trampoline formation. Follow the support around $160-165 area to hold.






















