BITCOIN → The hunt for liquidity before the decline BINANCE:BTCUSDT is testing the 100K area and updating its local minimum to 98,900 as part of another liquidation. The market is weak, and bulls are trying to wait out the panic...
Bitcoin looks weak. After a sharp decline, a pullback is forming, during which the price may test the break-even and interest zones — previously broken support areas. Buyers are not yet showing themselves in the market...
There is an intermediate bottom at 98,900, as well as the upper limit of the local range at 105,200. The range of 105,200 - 107,200 - 108,200 is important because it hides a pool of liquidity for a downward movement. MM may reach these zones and bring the price back into the trading range.
Resistance levels: 105,182, 107,271
Support levels: 101130, 98900
A retest of resistance at 105182 and the lack of potential for continued growth may confirm the fact of a false breakout, which in turn may provoke a fall to local targets. I do not rule out the possibility that the price may go even higher, for example, to 107270 - 108200. I do not see any point in waiting for a trend reversal yet...
Best regards, R. Linda!
Trend Lines
URUSD Faces Pressure Near 1.15100 as DXY Holds Strong Above 100!Hey Traders,
In today’s trading session we are monitoring EURUSD for a selling opportunity around the 1.15100 zone. The pair is trading within a broader downtrend and is currently in a correction phase, approaching the trend resistance at 1.15100.
Structure:
EURUSD continues to form lower highs and lower lows, suggesting that sellers remain in control. The 1.15100 zone stands as a key resistance where bearish momentum could resume.
Fundamentals:
This setup aligns with the recent DXY analysis, where the Dollar Index is holding firm around 100.000 after hawkish Fed remarks downplayed the likelihood of a December rate cut. A resilient Dollar backdrop strengthens the bearish case for EURUSD as policy divergence continues to favor the greenback.
Next move:
We’ll be watching price action at 1.15100 for potential rejection and continuation lower.
Trade safe,
Joe.
GBPUSD Eyes 1.31000 Rejection as Fed Cut Bets Look Overstated!Hey Traders,
In today’s trading session, we’re monitoring GBPUSD for a selling opportunity around the 1.31000 zone. The pair remains within a broader downtrend and is currently in a correction phase, approaching a key resistance area where previous sell-side momentum originated.
Structure:
GBPUSD has been struggling to sustain any meaningful rebound, with each rally meeting renewed selling interest. The 1.31000 zone aligns with both structural resistance and the descending trendline, making it a crucial level to watch for potential downside continuation.
Fundamentals:
The likelihood of a December rate cut from the Fed remains high. The ADP employment report came in solid, and ISM Services showed continued strength, suggesting that the labor market and service sector remain resilient.
As these stronger readings filter through, the market could begin to gradually price out that December rate cut expectation, reinforcing USD strength and pressuring GBPUSD further.
Next move:
Watching for price rejection near 1.31000 — sustained bearish pressure here could open the door toward a deeper retracement in the coming sessions.
💬 What’s your take on the Fed pricing dynamic? Drop your thoughts below!
Trade safe,
Joe.
USD/JPY: Setup Screams Buying Opportunity—Are You Watching?The USDJPY pair may continue to ascend following a test of a robust support cluster, which consists of a horizontal range and a rising trend line on the daily chart.
Subsequent to the test of this support cluster, we observed a positive bullish reaction, accompanied by a bullish Change of Character on a 4-hour timeframe, indicating significant buying interest
Our target is 155.00.
GOLD → The market is trying to buy back the decline...FX:XAUUSD continues to consolidate in the $4000 zone, failing to develop a rebound in the middle of the week. The price remains in a sideways trend for the eighth day in a row, waiting for a driver that will finally move the price forward...
Reasons for market restraint:
Strong US data: growth in ADP private employment, growth in the ISM services business activity index, lower odds of Fed easing, the probability of which has fallen to 62% for December...
However, the ongoing government shutdown and the delay in employment and inflation data are supporting the metal...
Gold is looking for new catalysts. A break above $4030-$4050 will require weak US data or an escalation of risks, which is not currently the case.
Resistance levels: 4030, 4050
Support levels: 4000, 3967, 3955
As the specified resistance is reached, the potential for further growth may be exhausted, and in this case, a false breakout could lead to a correction to 4K. However, if support does not hold the decline, this phase could last much longer. I am not yet talking about further growth beyond 4050, as the fundamental background is weak and there has been no reaction to this zone yet, since the price is still far from the level...
Best regards, R. Linda!
NZDUSD - Triple Confluence Zone in Play!NZDUSD has been in a steady bearish trend, but the pair is now reaching a major confluence area that could act as a strong turning point.
🔎The blue circle marks the intersection of two descending trendlines and a key demand zone, making it a massive area to look for long opportunities.
⚔️This triple intersection increases the probability of a bullish rebound, especially as the pair is also showing signs of being oversold. A potential rejection from this zone could trigger a short-term correction toward the upper orange trendline, aligning with the next resistance area.
🏹As long as this demand zone holds , the bulls have a chance to step in and shift short-term momentum upward.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📊All Strategies Are Good; If Managed Properly!
~Richard Nasr
ETHUSDT is testing major Fibonacci support level now As the chart illustrates, ETHUSDT has completed a significant correction and is now testing a crucial technical level: the 50% retracement level of the Fibonacci sequence. This level often acts as a dynamic support zone in a strong trend.
A confirmed bullish rejection at this 0.5 Fibonacci support, evidenced by a strong reversal candlestick pattern, would signal that the correction may be complete. This would establish a high-probability setup for a resumption of the primary bullish trend.
In such a scenario, we would anticipate a strong bullish impulse, with an initial technical target projected toward the $5,500 level. This target is derived from the magnitude of the prior uptrend and represents a key resistance zone on the higher timeframes.
DISCLAIMER: ((trade based on your own decision))
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USNAS100 | Bearish Bias Holds Below 26,180 Ahead of Key DataUSNAS100 – MARKET OUTLOOK | Testing Pivot Zone, Awaiting Breakout 🇺🇸
The NASDAQ 100 is testing the pivot zone at 26,095–26,180, with momentum still bearish as long as it trades below this range.
🔽 Below 26,180: Bearish bias toward 25,890 → 25,700 → 25,340.
🔼 Above 26,180: Bullish reversal toward 26,500 → 26,850.
Pivot Zone: 26,095–26,180
Support: 25,890 · 25,700 · 25,350
Resistance: 26,320 · 26,500 · 26,850
USNAS100 remains bearish below 26,180, but a confirmed break above this level could signal the start of a new bullish leg.
$NVO Last opportunity!🌱 Novo Nordisk: A Healthy Pullback in a Long-Term Growth Story
After years of remarkable growth, Novo Nordisk (NYSE: NVO) has seen its stock cool off — sliding from over 💲130 to around 💲49. At first glance, that might look alarming, but the reality is far more balanced. What we’re seeing is an organic correction after a period of exceptional hype, not a collapse of fundamentals.
💉 From Breakthrough Buzz to Market Reset
The rally through 2022–2023 was powered by massive excitement over Ozempic and Wegovy, Novo Nordisk’s revolutionary GLP-1 drugs transforming diabetes and weight-loss treatment.
As the world caught on, valuations skyrocketed — but eventually, markets needed to breathe. Profit-taking, competition from Eli Lilly’s Mounjaro, and normalization of expectations triggered the current pullback.
📈 The Bigger Picture
Zooming out tells a very different story — over the decades, Novo Nordisk’s stock has gained over 30,000% 🚀, riding steady innovation and strong global demand.
Even now, the long-term uptrend remains intact, with the stock retesting support around $45–$50, a level that previously served as a major base.
💡 A Discounted Opportunity?
For long-term investors, this phase could be an opportunity to accumulate a quality company at a discount.
Novo Nordisk continues to lead in metabolic treatments, maintain strong margins, and expand production — all pillars of sustainable growth.
While no one can predict the short-term, history suggests this pullback may simply be the market’s way of resetting before the next phase of growth.
🧠 Educational Takeaway
🔁 Strong fundamentals can lead to temporary overvaluation during hype cycles.
📉 Pullbacks are natural and healthy in long-term uptrends.
💎 Quality companies often reward patience when bought during corrections.
In short: Novo Nordisk’s story isn’t broken — it’s evolving. This dip may be less of a warning sign and more of a lesson in long-term investing discipline. 🌍📊
Gold – Bearish Momentum Builds | Key Support at 3983GOLD | Fundamental & Technical 💎
🔻 Fundamental:
Gold climbed back above $4,000 as traders weigh the impact of recent U.S. labor data on the Federal Reserve’s rate path.
🟢 With the Fed’s final 2025 meeting approaching and key data delayed by the U.S. government shutdown, markets face heightened uncertainty over the next policy move.
🟢 Despite the recovery, the broader trend remains technically sensitive near a key resistance zone.
🕯 Technically:
Currently, gold is testing the 4025 resistance area.
🔽 As long as price remains below 4025, bearish pressure may continue toward 3983 → 3961.
🔼 A 1H close above 4025, however, would confirm renewed bullish momentum, targeting 4055, with an extended upside path toward 4105 if momentum accelerates.
Key Levels
Pivot Line: 4025
Resistance: 4053 · 4076 · 4105
Support: 3984 · 3961 · 3925
GBPUSD: Bearish Structure Points to 1.3000 NextAround two weeks ago, I mentioned that GBPUSD could fall toward the 1.32 support, and indeed, the pair reached that level on Wednesday.
Since then, GBPUSD even broke below 1.32 and is now trading around 1.3140, raising the big question — will it fall further to test 1.3000?
In my view, yes, it will.
The structure remains bearish, and since mid-September, every rally has been sold into, forming a clear lower highs – lower lows pattern.
So, in conclusion, rallies above 1.32 should be sold, with a target at 1.3000, as mentioned earlier. 🚀
USNAS100 | Buyers Hold Control Above 25440USNAS100 | Overview
The price reached the resistance zone after stabilizing above 25440.
Currently, it appears to be retesting 25440 before attempting another push higher toward 25700 – 25820.
A 1H close above 25820 would confirm further bullish momentum toward the all-time high (ATH) at 26170.
However, a move below 25440 would indicate renewed bearish pressure toward 25220, with a confirmed break below 25220 activating a broader downward trend.
Pivot Line: 25700
Resistance: 25820 · 25960 · 26170
Support: 25440 · 25230 · 25010
Outlook:
Bullish while above 25440, targeting 25700–25820.
Bearish scenario activates only below 25220.
US30 – Correction Toward 47100 | Next Leg Up Toward 47920US30 – MARKET OUTLOOK | Bullish Bias Above 47100
US30 is showing a mild bearish correction after facing resistance near 47460, but the broader structure remains bullish while price holds above 47100.
🔼 Above 47460: Bullish continuation toward 47750 → 47920 → 48200.
🔽 Below 47100: Bearish correction possible toward 46920 → 46600.
Pivot: 47430
Support: 47100 · 46920 · 46600
Resistance: 47750 · 47920 · 48200
US30 stays bullish while above 47100, but a confirmed close below this level could trigger a short-term bearish correction toward 46920.
"Short-selling is correct" - Gold consolidation awaits breakout.Gold prices have indeed been somewhat sluggish recently, fluctuating repeatedly within a range. While this volatility can be agonizing, it reflects the market's rhythm. In terms of trading, avoid blindly chasing highs and lows. If you're bearish, don't chase the market down. Patiently wait for a rebound and resistance before entering a position. The recent market rhythm is very clear: sharp rallies are prone to pullbacks, and sharp drops are prone to rebounds – typical characteristics of a range-bound market. Our trading advice remains clear: focus on the 4010-4030 area. If a rebound fails to break through resistance, continue shorting, building positions in batches and proceeding steadily. We have repeatedly emphasized that gold is currently in a range-bound, slightly bearish adjustment phase, with the overall center of gravity continuing to shift downwards. Short-term rallies do not signify a reversal, and so-called signals are often just bull traps. High-level rebounds remain a good opportunity to establish short positions. Market conditions can change rapidly, but there are always patterns to follow. Don't be misled by appearances; look at the underlying logic and structure. Gold is still in a downward continuation phase. Rebounds present opportunities, while false breakouts pose risks. Gold prices fell as expected. Although we exited early and missed the lowest point, a steady exit is a victory in itself. Trading is never about who is more greedy, but about who knows how to control the pace better.
Gold breaks through $4,000, has the bulls returned?You might be surprised if I said gold could continue to decline? But the truth is, I'm not surprised. I see this round of trend very clearly: the break below the 4000 mark was just a brief "acceleration" rather than a true reversal of direction. After the price broke through, it quickly rose to around 4017. This performance is more like an emotional release than a trend reversal. After all, the 4000 level has been breached or recovered many times before. There have been too many short-term fluctuations, and the real significance has already been digested by the market's inertia. I maintain a bearish outlook because the chart structure has reached the testing area of the channel's low point, a key position I have repeatedly emphasized. There are only two possibilities for the trend: either the market will soar upwards and return to the upward channel, or it will begin a new round of decline. What I want to seize is the volatility opportunity in the latter. Looking at the key levels: the highs this week are 4050, 4040, and 4030. If the rebound stops in the 4020-4030 area, then a short-term top has likely appeared. At this point, entering a short position would be extremely cost-effective. As long as the market cannot regain a foothold above 4030, I remain firmly bearish, with targets to watch for a break below 4000 and further down to the 3980-3960 area. I don't strive for perfect predictions, but every move I make must be logical, structured, and valuable. When opportunities arise, do not hesitate or waver; execution is key. Seek victory through stability and do not blindly follow the noise of the market.
GBPUSD is Tanking Under The Pressure of a Strong Dollar!!Hey Traders, in today’s trading session we’re monitoring GBPUSD for a selling opportunity around the 1.31000 zone. The pair has broken below a key support level and is now showing signs of a potential retracement, possibly setting up a continuation to the downside.
From a fundamental standpoint, the Federal Reserve’s firm tone and the reduced likelihood of a rate cut in December continue to support dollar strength, keeping pressure on the pound.
Watching closely for rejection signals near 1.31000 that could confirm bearish momentum resuming.
Trade safe,
Joe
NVIDIA STOCKS TECHNICAL DETAILS FOR AI STOCKS NVIDIA.
AFTER A RALLY COMES A CORRECTION TO KEEP A HEALTHY TREND.NVIDIA WEEKLY REJECTION LEVEL AT 213$ WILLHAVE THE FIB 0.382 (165.32$) DEMAND FLOOR WATCHED FOR POTENTIAL BUY.
THE NEXT DEMAND FLOOR IS 50% FIBONACCI 150.52$ A STRONG PSYCHOLOGICAL DEMAND FLOOR AND THE WEEKLY SMA 50 PROVIDING BUY BIAS. TO THE NEXT DEMAND FLOOR AT 150.52$ FOR NVIDIA .
FUNDAMENTAL OUTLOOK.
Reasons for Recent Stock Drop:
Concerns over valuation: The stock trades at a high forward P/E (~59x), raising worries about near-term growth sustainability.
Competitive pressures: Emerging competitors (e.g., AMD, Intel) and Chinese startups with cost-effective AI models (like DeepSeek) create market uncertainties.
Regulatory and geopolitical risks: US export restrictions on advanced AI chips may constrain NVIDIA’s international growth.
Profit margin pressure: Expectations of tighter profit margins due to accelerated rollout of new chip architecture (Blackwell).
Broader tech sector pullbacks driven by rising bond yields and inflation fears have also weighed on NVIDIA.
Overall, while NVIDIA's long-term outlook in AI remains positive, short-term market dynamics including valuation concerns and increased competition caused the stock to retreat after reaching highs near $213.
#STOCKS #NVIDIA
GBP/USD Plunge Pauses at Support Ahead of BoEThe British Pound is showing signs of stabilizing after a six-day decline, with GBP/USD holding just above confluent multi-month downtrend support. While the broader bias remains tilted to the downside, the immediate focus is on a reaction from this zone for guidance into the November opening range.
GBP/USD trading within the confines of a descending pitchfork extending off the October 6 high, with price responding to support today at 1.3000/45- a region defined by the 2024 July high, September low-day close & November high and the 2025 March swing / close highs. The immediate decline may be vulnerable while above this threshold near-term.
Initial resistance is eyed at the October swing low at 1.3097 and is backed by near-term bearish invalidation at the 38.2% retracement of the yearly range and the November open at 1.3144/51. Ultimately, a breach / close above the July low-day close (LDC) at 1.3207 is needed to suggest a more significant low is in place / a larger reversal is underway.
A break below this key pivot zone exposes subsequent support objectives at the 50% retracement at 1.2944, and the 1.618% extension of the September decline at 1.2876- look for a larger reaction there IF reached. Losses below this threshold could fuel another accelerated bout of declines with the next major technical consideration seen at the 2024 yearly open / 61.8% retracement at 1.2731/45.
Bottom line: The British Pound is testing confluent support near the lower bounds of a multi-month downtrend- risk for some kickback here. From a trading standpoint rallies should be limited to the monthly open (1.3251) IF Sterling is heading lower on this stretch with a close below 1.30 needed to fuel the next leg of this decline.
-MB
XAUUSD XAU/USD – Gold Analysis
Gold is approaching the upper boundary of the descending channel after a strong bounce from the midline support earlier today.
As it nears this zone, price faces a confluence of resistance factors: the descending trendline, the 0.5 Fibonacci retracement, and the upper Bollinger Band.
From this area, I’ll be looking for a short setup, targeting a move back toward the midline of the channel to capture the liquidity left by today’s upward move.
Fundamental Outlook:
The U.S. dollar remains firm as investors continue to favor USD as a safe-haven amid ongoing geopolitical tensions and uncertainty around global growth.
The Federal Reserve’s cautious stance and limited expectations for rate cuts are supporting higher Treasury yields, which typically weigh on gold prices.
However, gold’s safe-haven demand could re-emerge if geopolitical risks intensify or U.S. economic data begins to soften.
For now, the short-term bias remains bearish, with gold under pressure from strong USD fundamentals and technical resistance zones above.
Summary:
📈 Testing major resistance (trendline + 0.5 Fibo + Bollinger top).
📉 Looking for short setups near 4024.
🎯 Target: Mid-channel around 3962.
⚙️ Fundamentals: Strong USD and yields keep gold capped short-term.
💡 Bias: Bearish near resistance, bullish only if price breaks above the channel.






















