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GBPNZD: Trend ContinuationAugust has been a slow month, which I'm hoping volatility with pick up in September. While most pairs have been ranging, GBPNZD has a relatively cleaner trend. Daily Timeframe: Over on the daily timeframe, price crossed above a key level that it held below for several months. After crossing up, it found another minor resistance level, which it made another clean break above. Given the clean breakouts above the resistance levels, this is an indication that the market is pretty one sided. We're not seeing fakeouts or any other indications that sellers still want control. Hourly Timeframe: The intraday timeframe is used to optimized my proposed entry. There are two key details here. The EMA20 is crossing above EMA 60, which is an indication confluence where the intraday trend is aligned with the daily trend. The pink trendline helps indicate the end of the counter-trend movement. When price crosses above this trendline, it also indicates that I can expect further upside (or that it's very likely).
Long
by FinancialGamblR
Dow Jones Regains Momentum After Pivot BounceUS30 – Overview Rebound From Pivot, Testing Higher Levels The Dow Jones reversed from the 45,110 pivot line mentioned previously and has now stabilized above 45,410, signaling renewed bullish pressure. 🔹 Technical Outlook As long as price trades above 45,510, the bullish trend is expected to continue toward 45,690. ✅ A breakout above 45,690 would further strengthen upside momentum, with potential to extend higher. ⚠️ However, if the index closes a 4H candle below 45,410, this would confirm a bearish correction toward 45,285. 🔹 Key Levels Resistance: 45,560 – 45,690 – 45,860 Support: 45,285 – 45,110 ✅ Summary: US30 has regained bullish momentum after rebounding from the pivot zone. Holding above 45,510 keeps the upside intact, but a 4H close below 45,410 would shift the outlook toward a correction.
OANDA:US30USDLong
by SroshMayi
Nasdaq 100 Rebounds From Pivot Ahead of Nvidia EarningsUSNAS100 – Overview Bullish Momentum Ahead of Nvidia Earnings The Nasdaq 100 reversed from its pivot line and is showing renewed bullish momentum ahead of Nvidia’s earnings — a potential key catalyst for the index. 🔹 Technical Outlook As long as price trades above 23,525, the bullish trend remains intact, with upside potential toward 23,690 → 23,870. ✅ A confirmed 1H close above 23,690 would strengthen bullish momentum and open the way to higher levels. ⚠️ A 1H close below 23,525 would weaken sentiment, with downside targets at 23,430 → 23,295. 🔹 Key Levels Pivot: 23,525 Resistance: 23,690 – 23,870 Support: 23,430 – 23,295 ✅ Summary: USNAS100 is holding bullish momentum above the pivot, with Nvidia earnings acting as a major driver. Watch 23,525 as the decision level — staying above supports the bullish case, while a break below shifts focus back to 23,430 and 23,295.
OANDA:NAS100USDLong
by SroshMayi
SPX500 Futures Hold Gains Ahead of Nvidia EarningsSPX500 Futures – Overview Markets Edge Higher Ahead of Nvidia Earnings U.S. stock futures are trading slightly higher on Wednesday as investors await Nvidia’s earnings after today’s closing bell, seen as a bellwether for global AI demand and overall market sentiment. 🔹 Technical Outlook Price has stabilized above 6,471, confirming bullish momentum. As long as it holds above this level, upside targets are 6,484 → 6,512 → 6,528. ✅ A 1H close above 6,484 would reinforce the bullish outlook toward higher resistance. ⚠️ However, if the index reverses and stabilizes below 6,471 (1H close), this would trigger a bearish correction toward 6,447. 🔹 Key Levels Pivot: 6,471 Resistance: 6,484 – 6,512 – 6,528 Support: 6,447 – 6,425 – 6,390 ✅ Summary: SPX500 futures are consolidating in bullish territory ahead of Nvidia earnings. A breakout above 6,484 would extend upside momentum, while a drop back below 6,471 risks a correction toward 6,447.
OANDA:SPX500USDLong
by SroshMayi
Bitcoin – Wedge at Wave 5, Exhaustion Signals RisingBitcoin’s multi-year rally from the 2022 lows has unfolded in a clean Elliott Wave impulse. The structure now appears to be entering its terminal phase, with wedge-like price action and weakening momentum suggesting exhaustion. Wave Structure: Wave 1 rose from the November 2022 bottom at 15,479 to 31,035. Wave 2 corrected to 24,920. Wave 3 extended sharply to 73,794. Wave 4 pulled back to 49,577. Wave 5 has pushed into new highs, reaching 124,517 so far. Although 124,517 is a candidate top, the internal structure still leaves room for one final minor push higher before Wave 5 is truly complete. Wedge Formation & Exhaustion: The advance in Wave 5 is taking the form of a wedge-like structure with higher highs , a setup often associated with ending diagonals. Such patterns are typically found in the 5th of 5th wave position, signalling the final stretch of a trend. At the same time, the RSI is diverging — price is making new highs while momentum prints lower highs. This bearish divergence reinforces the case that the rally is losing strength, even as it grinds upward. Correction Outlook: When the Wave 5 top is confirmed , correction targets can be mapped using Fibonacci retracements and prior support zones. Until that point, exact downside levels remain open. What matters is the process: once the rally exhausts, retracements are expected to be swift, and the initial reaction will help define the corrective path. Risk Management: The bearish view applies only after Wave 5 is complete. A sustained break and continuation above 124,517 would suggest Wave 5 is extending further before exhaustion sets in. Traders should respect the possibility of one more thrust higher before the corrective phase begins. Summary: Bitcoin’s 5th wave is nearing completion, likely in the form of an ending diagonal. Price has made higher highs, but RSI divergence points to fading momentum. Once the Wave 5 top is confirmed, correction levels can be projected using Fibonacci tools and prior support zones. Until then, the market remains in its final push, with exhaustion signals growing louder. Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
BITSTAMP:BTCUSDShort
by WaveXplorer
SOL - 1H Elliott Wave Analysis - 27.08.25Greetings :) Today we got two scenarios ready for you! Scenario 1: The low of the 20th August is the finished green Wave 2 and the bounce we saw from the support area can be counted as the white 5 wave move up which finished the blue Wave 1. It do be not the pretties 5 wave move up. The sharp drop after the high of the 25th August can be seen as blue Wave 2 and we started the 3rd Wave up. Scenario 2: The low of the 20th August was only the A Wave of a bigger correction and the bounce we saw was an overshooting B Wave which topped on the 25th of August and currently we are working on Wave C down which would then finished the green Wave 2. The next target for the C would be the 1 to 1 FIB at 178.82 USD which is in confluence with the two lower white trendlines we put on the chart. The green Wave 2 support are lies between the 0.5 FIB at 180.84 USD and the 0.786 FIB at 166.08 USD. In either Scenario as long as we hold support we are looking for a aggressive Wave 3 to the upside which should take us to 300 USD+ respectively to a new ATH. We think both scenarios are likely but we lean slightly to Scenario 1. Thanks for reading. NO FINANCIAL ADVICE.
Long
by KanashimiBro
iShares Lithium Miners & Producers ETF (ILIT) – Bearish to BulliILIT is showing signs of a major trend reversal after a long bearish cycle. The ETF has broken out of its descending trendline (red) and is now establishing a new bullish trendline (green). The rounded bottom structure highlights a transition from bearish to bullish momentum. Currently, price is consolidating around $10.20–10.60, just below the key resistance level at $12.60. A breakout above this zone could confirm a strong bullish continuation. 🔑 Trade Plan: Entry Trigger: Break and close above $10.60–11.00 for early confirmation, or above $12.60 for full breakout. Profit Targets: Target 1: $12.60 (+19%) Target 2: $18.00–20.00 (medium term) Target 3: $30.00+ (long-term projection if bullish momentum sustains). Stop-Loss: Below $9.50 (back inside bearish zone). 📊 ILIT’s chart shows strong accumulation and a potential sector-wide recovery in lithium miners. If buyers step in at the current level, this ETF could transition into a long-term uptrend. Not financial advice. No responsibility for any actions taken.
NASDAQ:ILITLong
by asaf_shabat
Symmetrical Triangle on XAUUSD ! opportunity at sight Long-Term Direction Gold has been moving up strongly, but for the past few months, it’s been going sideways, squeezed between two lines that form a triangle shape. When prices move like this, it’s called a “symmetrical triangle,” and it’s like a spring being compressed; usually, it’ll eventually break out with a strong move in one direction. Because the price moved up strongly before getting stuck in the triangle, there’s a better chance it could keep going up, but it’s not guaranteed. Only when the price goes above the top line of the triangle and stays there should one expect a longer-term upward trend. If it falls below the bottom line, that could mean gold starts heading down instead. Short-Term Direction -Gold is stuck in a tight range and could burst out of this range soon. Until then, the price will likely keep swinging between the two sides of the triangle, not making any big moves. - If the price goes above the top line and closes there for the day, it’s a sign that gold is likely to go higher. - If the price falls below the bottom line and closes there for the day, it’s a sign that gold could drop further and selling could speed up. In short, gold is at a crossroads—soon it could make a big move up or down, and the direction will become clear only once it breaks out of this triangle pattern.
FX_IDC:XAUUSD
by XAUUSDANALYST
Cleveland-Cliffs (CLE) – Inverse Head & Shoulders Near BreakoutCleveland-Cliffs (CLE) is showing a strong bullish reversal pattern with a well-formed inverse head & shoulders. The neckline is right at the $12.20–12.30 resistance zone, which also coincides with a long-term descending trendline that has been guiding price lower since 2022. A breakout above this confluence level could be a powerful trend change signal. 🔑 Trade Plan: Entry Trigger: Daily close above $12.30 (neckline + trendline breakout). Profit Targets: Target 1: $14.50 (+23%) Target 2: $19.00–20.00 (+53%) Stop-Loss: Below $10.50 (protect against a failed breakout). 📊 This setup offers a strong risk/reward scenario. A confirmed breakout could shift sentiment and attract momentum buyers, while rejection at the neckline could lead to further consolidation. Not financial advice. No responsibility for any actions taken.
NYSE:CLFLong
by asaf_shabat
AMGN: the medicine cabinet for your portfolioOn the weekly chart, Amgen (AMGN) trades at $289.56, holding above the key $272–280 support zone, aligned with the 0.705–0.79 Fibo levels. This area forms a clear buy zone, where buyers are likely to step in. The technical structure remains bullish: the uptrend is intact, with targets at $346.85, matching historical highs and the upper boundary of the formation. Price currently sits near the lower part of the range, where volume accumulation could fuel the next upward move. Fundamentally , Amgen stands as a biotech heavyweight: its drug portfolio remains strong, late-stage pipeline candidates progress steadily, and recent earnings showed stable revenue and profit growth. Investors treat the stock as a defensive asset amid market volatility, with biotechnology demand remaining largely cycle-independent. Additionally, institutional funds have been accumulating positions, providing further support. Tactically , the $272–280 zone is critical: holding it preserves the bullish scenario. Should the bounce continue, the targets shift to $300 and $346.85. While a retest of support is possible, the broader structure remains upward. Amgen stays true to its name - when the market is sick, this stock has the cure.
NASDAQ:AMGNLong
by TotoshkaTrades
Cup and Handle + Long-Term Trendline Test – NUE (Nucor CorporatiNUE has formed a cup and handle pattern on the daily chart, with price pushing into the $151 resistance zone. What makes this setup stronger is the confluence with a multi-year descending trendline, tested several times since 2021. A breakout above both the $151 resistance and the descending trendline could confirm a strong bullish reversal. 📈 Entry: On breakout and daily close above $151 + trendline 🎯 Targets: $167 (cup breakout target) → $190 (extended move) 🔻 Invalidation: Below $143 (handle low support) This is a high-stakes level — clearing resistance could unlock significant upside momentum. Not financial advice. No responsibility for any actions taken.
NYSE:NUELong
by asaf_shabat
Gold is fluctuating and rising slowly!Gold prices fluctuated and consolidated in the 3380-3367 range during the Asian and European trading sessions and for most of the evening yesterday. The market did not show any signs of further pullback, and bulls successfully maintained their position. The continued fluctuations have formed a new support platform. Although there was a rapid rise at the opening, the volume expansion was moderate, avoiding excessive and rapid release of volume, and the overall upward trend remained stable. The current upward trend is characterized by a volatile upward trend. Due to the relatively limited rise, the retracement should not be too large, as a deep retracement would affect the subsequent upward momentum. Therefore, the retracement low of 3375-3370 has become a key support level. Intraday trading should focus on the 3375-3370 support level to establish a bullish strategy. It is important to note that the current upward trend has not yet formed a strong unilateral trend, and the overall trend is characterized by small and slow increases. The target range should not be overly optimistic, similar to the slow and volatile decline of the past two weeks. The key level for bulls to defend is 3367. In a relatively strong market, retracements generally do not fall below this support level. Gold trading suggestion: Go long around 3380-3370, with upward targets towards 3390-3405.
OANDA:XAUUSD
by Trade-Daniel1
1
Cup and Handle Breakout – ALB (Albemarle Corporation)ALB is showing a cup and handle formation on the daily chart. Price is now testing the $84–$87 resistance zone which aligns with the long-term descending trendline. A confirmed breakout above this level could trigger a bullish continuation, with a measured move target near $115 (+41%). 📈 Entry: On breakout and daily close above $87 🎯 Target: $115 🔻 Invalidation: Below $75 (handle low) This setup suggests strong bullish potential if resistance is cleared with volume. Not financial advice. No responsibility for any actions taken.
NYSE:ALBLong
by asaf_shabat
USAR — Multi-touch resistance; breakout watchSetup: Price is pressing a long, descending resistance with multiple prior rejections around $15.7–$16.5. Rising trendlines below suggest a constructive higher-lows structure. Entry (valid only after breakout): Trigger: Daily close above $16.45 (trendline + horizontal cluster) with strong volume. Conservative: Wait for a pullback to $16.0–$16.45 that holds as support. Invalidation / Risk: Stop: Below $15.18–$15.25 (failed breakout / back inside range). Tighter traders can use < $15.50 intraday. Targets: T1: $18.50–$18.60 (recent supply) T2: $20.00 (round-number / prior pivot) Context: The lithium theme could see a bullish tailwind for U.S. names if Chinese import supply remains constrained, potentially favoring domestic producers and related plays—adding fuel to any confirmed breakout. Timeframe: swing (days–weeks). As always, let price confirm the break; no entry before the close above resistance.
NASDAQ:USARLong
by asaf_shabat
GBPAUD → The correction is nearing completion...FX:GBPAUD is set to end the correction formed within the global bullish trend. A false breakdown of the liquidity zone is forming... GBPAUD on D1 is testing a strong support zone, which gives traders hope for a possible recovery. Locally, the chart shows signs of the correction ending... After correcting to 1/2 of the range, GBPAUD is forming a false breakdown of the order block and breaking the bearish structure, confirming the end of the correction. Consolidation above 2.076 could trigger a recovery within the bullish trend. Resistance levels: 2.086, 2.0978 Support levels: 2.076, 2.0715 Despite breaking through the resistance of the local correction, the market must confirm the bullish sentiment. Consolidation of the price above 2.076 will confirm this nuance, and consolidation above the key support may influence further growth. Best regards, R. Linda!
Long
by RLinda
5
Final Bear Profit—Then Gold Turns BullishSupported by Trump's statement and geopolitical tensions, gold continued to rise to around 3394 and is currently fluctuating narrowly around 3390. Although the upward momentum of gold seems strong, the bulls are not resolute during the rise. Instead, they will launch an attack again after repeatedly testing the support. It is expected that the market is not highly unanimous in its agreement on the continuation of the strong bull market stimulated by the news, so the short-term volatility of gold will be exacerbated during the rise. As gold continues to rise, it is clearly under pressure in the 3400-3410 area in the short term. Moreover, the bullish sentiment of gold has obviously weakened before facing this area, so we must consider that gold may still retreat after being under pressure in the short term. Below, we should first note the short-term support area of 3385-3375. If gold fails to effectively break below this area during a pullback, it will likely retest 3400. Therefore, in short-term trading. At present, we can consider shorting gold appropriately in the 3390-3400 area. If gold retreats as expected, we will first observe the performance of gold in the 3385-3375 area. If it cannot effectively fall below this area, we can adjust the trading strategy and re-enter the long trade!
OANDA:XAUUSDLong
by Trading-Diary_Steffen
EURCAD Divergence + Wave 5 Complete → Correction Ahead?EURCAD ( OANDA:EURCAD ) started to fall after entering the Potential Reversal Zone(PRZ) and hitting the Resistance line . The question is whether EURCAD will continue to fall in the coming hours or not!! EURCAD has already managed to break the Support lines and is moving close to the Support zone(1.612 CAD-1.600 CAD) . Also, we can see the Regular Divergence(RD-) between Consecutive Peaks. In terms of Elliott Wave theory , it seems that EURCAD has managed to complete the main wave 5 , and we should wait for corrective waves . I expect EURCAD to drop to at least 1.601 CAD AFTER breaking the Support zone(1.612 CAD-1.600 CAD) . Second target: 1.597 CAD Third target: Support line Stop Loss(SL): 1.626 CAD Please respect each other's ideas and express them politely if you agree or disagree. Euro/Canadian Dollar Analyze (EURCAD), 4-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). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
10
XAUUSD – Medium-Term Trading OutlookXAUUSD – Medium-Term Trading Outlook Hello traders, Gold is now entering the final stage of its flag formation. Medium-term traders are watching closely for a clear breakout confirmation, as this will define the next medium- to long-term move. Once price confirms the break, the plan is to enter immediately in the direction of that breakout. In the meantime, short-term and intraday traders can continue trading within the flag, taking advantage of scalping opportunities inside the range. From my perspective, the probability of an upside breakout and continuation of the broader bullish trend is fairly high after such a long consolidation. To optimise entries, it makes sense to buy near the lower boundary of the trendline, with stop-losses placed immediately if the pattern breaks down. The key level to watch is the Fibonacci retracement 0.5 at 3354 – an area that acts as both dynamic and static support, as well as a critical Fibonacci level. This is a strong zone for long-term buy setups. Additionally, an earlier entry can be considered around 3372, where the previous candle showed strong buying momentum. Traders entering here should keep stops tight, just below the nearest support. This bullish outlook would only be invalidated if price breaks below the lower trendline and closes firmly underneath it, confirming a reversal. Wishing you success with this trading plan. If you share a similar outlook, feel free to drop your thoughts in the comments and let’s discuss further.
OANDA:XAUUSDLong
by BrianLionCapital
1