USUSDT Forming Ascending ChannelUSUSDT is forming a clear ascending channel pattern, a classic bullish wave signal that often indicates an upcoming breakout. The price has been consolidating within a well-defined upward channel, suggesting that selling pressure is gradually weakening while buyers continue to maintain control of the trend. With consistent trading volume confirming accumulation at lower levels, the current setup hints at a potential bullish breakout in the near future. If the breakout is confirmed, the projected move could lead to an impressive gain of around 40% to 50%.
This ascending channel pattern is commonly seen during healthy uptrends or at the end of corrective phases, representing a potential continuation of bullish momentum. Traders closely watching USUSDT are noticing strengthening price action as it approaches a key breakout zone. Healthy trading volume adds confidence to this setup, showing that market participants are positioning early in anticipation of a sustained upward move.
Growing investor interest in USUSDT reflects increasing confidence in the project's long-term potential and its current technical structure. If buyers successfully push the price above the channel resistance with sustained volume, it could mark the beginning of a fresh bullish leg. The ongoing consolidation within the ascending channel suggests steady accumulation, creating favorable conditions for a strong continuation rally once the breakout is confirmed.
Traders may find this an attractive medium-term opportunity, especially as the ascending channel pattern nears completion and buying pressure continues to build. A confirmed breakout could attract additional market participation and accelerate the move toward the projected upside target.
โ
Show your support by hitting the like button.
โ
Leaving a comment below! (What is You opinion about this Coin)
Your feedback and engagement keep me inspired to share more insightful market analysis with you!
US
NAUFF - A Major Confluence Is Approaching!NAUFF remains within its broader bullish structure, with price continuing to trade above the rising green trendline acting as long-term non-horizontal support.
At the same time, the stock is currently moving through a corrective phase defined by the falling wedge pattern marked in red.๐
This correction is now bringing price closer to a particularly important technical area formed by the intersection of:
1๏ธโฃ The rising green trendline
2๏ธโฃ The lower boundary of the red falling wedge
3๏ธโฃ The psychological $1 round number
4๏ธโฃ The previous all-time high, which may now act as support
๐As NAUFF approaches this intersection , the area could become a significant decision zone for the stockโs next directional move.
An additional bullish signal is also developing on the MACD .
While price has continued forming lower lows within the correction, the MACD histogram has been forming higher lows, creating a potential bullish divergence. This suggests that bearish momentum may be weakening, although price confirmation is still required.โก
As long as the broader support intersection continues to hold, the bullish structure remains intact and we will be watching for trend-following long setups.๐
However , the correction has not yet been fully invalidated.
๐ฏFor the bulls to regain stronger control and confirm the beginning of the next major impulsive movement, price would need to break and close above the upper boundary of the red falling wedge.
Such a breakout would confirm that buyers are overcoming the current corrective structure and would increase the probability of renewed bullish continuation.
๐ Gold has also been added to the chart for broader sector context.
NevGold is an exploration and development company with meaningful exposure to gold through projects such as Limousine Butte, Cedar Wash, and Nutmeg Mountain. For that reason, goldโs broader price structure can provide useful context when evaluating sentiment toward the company and the wider gold-exploration sector.โ๏ธ
Gold is currently approaching an important support area of its own, which may provide a more constructive backdrop for gold-focused exploration companies if buyers begin defending that zone.
However , NAUFF should still be evaluated on its own technical structure, as the stock may not move in direct correlation with gold at all times.
In brief, NAUFF remains broadly bullish while trading above its rising trendline. The intersection near the $1 round number and previous all-time high could become an important support area, while a confirmed breakout above the falling wedge would provide stronger evidence that the next bullish impulse is beginning. ๐
โ ๏ธ Disclaimer: This analysis is provided for informational and educational purposes only. It does not constitute financial advice or a recommendation to buy or sell any security. Technical conditions can change, and no outcome is guaranteed. Always conduct your own research and manage risk appropriately.
๐ Stick to your trading plan regarding entries, risk, and management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
CNXU - Bulls Challenge Resistance!Conexeu Sciences continues reporting progress across its regenerative-tissue platform, including recent preclinical, manufacturing, and regulatory-development activities.๐งฌ
๐ From a technical perspective, NASDAQ:CNXU has remained overall bearish, trading within the falling wedge pattern marked in red.
However , downside momentum appears to be weakening.
While price continued forming lower lows, the MACD recorded two bullish divergence signals by forming higher lows. This divergence indicates that bearish momentum is losing strength and serves as an early alert that a potential bullish reversal may be developing.๐
๐ Volume has also supported this observation. Trading activity increased around the recent lows while the divergences were forming, showing stronger market participation near the lower boundary of the wedge.๐
๐ฏ Whatโs Next?
For bulls to take control and confirm a broader momentum shift, CNXU needs a decisive breakout and close above the highlighted blue structure around $11.50.
Until that confirmation occurs, the falling wedge and the broader bearish structure remain active.
If buyers successfully reclaim the blue resistance zone, the first bullish objective would be the current all-time high around $18.50.
A confirmed break above that all-time high would move CNXU into price discovery, where no established historical resistance would remain above price.๐
๐From a fundamental perspective, investors will likely continue monitoring the companyโs lead CXUโข wound-care program , its planned FDA 510(k) submission process, the completed preclinical P.R.O.O.F. study, and the ongoing development of its investigational B.R.E.A.S.T.โข bioregenerative matrix platform.๐ฌ
In brief, CNXU remains technically bearish below the $11.50 structure. However, the falling wedge, bullish MACD divergences, and increased volume near the recent lows suggest that selling momentum may be weakening. A confirmed breakout above resistance is still required before bulls can claim control.โ
โ ๏ธDisclaimer: This analysis is provided for informational and educational purposes only. It does not constitute financial advice, investment advice, or a recommendation to buy or sell any security. Technical and fundamental conditions can change, and no outcome is guaranteed. Always conduct your own research and manage risk appropriately.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
NAUFF - Four Confluences at One Critical Support Zone!NAUFF remains within its broader bullish structure , while the ongoing correction has brought price into one of the most technically significant areas on the chart.๐ฏ
At the same time, OTC:NAUFF continues advancing its Limousine Butte Gold-Antimony Project in Nevada through an active drilling program, while antimony continues receiving increased strategic attention across the United States.๐
๐From a technical perspective, NAUFF is currently retesting a potential support zone formed by the intersection of four major confluences:
1๏ธโฃ The 100 SMA , acting as dynamic support.
2๏ธโฃ The lower bound of the rising green channel, acting as non-horizontal support .
3๏ธโฃ The 0.618 Fibonacci retracement , commonly known as the golden ratio.
4๏ธโฃ The lower boundary of the red corrective channel.
๐ These four technical factors are meeting around the area marked by the blue circle, making it an important decision zone for the stockโs next directional move.
As long as this intersection continues to hold, the broader bullish bias remains intact, and we will be looking for trend-following long setups .๐
A confirmed bullish reaction from this area could signal that the current correction is approaching completion and that a new impulsive movement may be developing.
However , the corrective structure has not yet been fully invalidated.
๐ For the bulls to regain stronger short-term control, price would first need to break and close above the upper boundary of the red corrective channel.
Such a breakout would increase the probability of a move toward the previous major high.
A decisive break above the previous all-time high would then be required before NAUFF could officially return to price discovery.๐
๐From a fundamental perspective, the broader U.S. antimony narrative continues to strengthen.
The U.S. Export-Import Bankโs approval of a US$2.9 billion senior secured loan for Perpetua Resourcesโ Stibnite project, subject to definitive documentation and customary closing conditions, reflects the growing strategic focus on developing a secure domestic antimony supply chain.
For NevGold, this sector-wide attention is relevant as the company continues advancing its near-surface antimony-gold opportunity at Limousine Butte through a 20,000-meter drill program focused on resource conversion, expansion, and new discoveries.๐๏ธ
The company also completed an upsized financing for gross proceeds of approximately C$42.2 million, with the stated intention of supporting work at its projects, working capital, and general corporate purposes.
These developments do not guarantee a positive market outcome, but they provide a relevant fundamental backdrop while the chart tests a technically significant support area.โ ๏ธ
In brief, NAUFF remains technically constructive as long as the four-confluence support zone holds.
A breakout above the red corrective channel would provide additional confirmation that bullish momentum may be returning, while a decisive break above the previous all-time high would open the door to renewed price discovery. ๐
โ ๏ธDisclaimer: This analysis is provided for informational and educational purposes only. It does not constitute financial advice, investment advice, or a recommendation to buy or sell any security. Technical and fundamental conditions can change, and no outcome is guaranteed. Always conduct your own research and manage risk appropriately.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
INTC - Retesting the $100 Decision Zone?Intel (INTC) is currently pulling back toward a major support confluence after its recent bullish rally. ๐
Price is now retesting a key decision zone, formed by the intersection of:
โข The $100 round number.
โข The previous daily low marked in blue.
๐ As long as this confluence holds as support, we will be looking for trend-following long setups, anticipating a continuation of the broader bullish trend.
However, if sellers manage to break this support decisively, bearish pressure would likely increase, exposing the next major demand zone around $70 marked in red.
As always, rather than buying blindly into support, we will wait for bullish confirmation before considering any long positions.
Will buyers defend the $100 support zone and resume the uptrend? ๐ค
โ ๏ธ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
๐ Stick to your trading plan regarding entries, risk, and management.
Good luck! ๐
All Strategies Are Good; If Managed Properly!
~Richard Nasr
CMCSA - Approaching a High-Confluence Oversold ZoneCMCSA has been trending lower within a falling wedge pattern, bringing price closer to a major area of long-term support. ๐
Price is now approaching a high-confluence oversold zone, formed by the intersection of:
โข The previous major high marked in blue.
โข The $15 round number.
โข The lower bound of the falling wedge pattern.
๐ As CMCSA approaches this confluence, we will consider it an oversold zone and will be looking for long setups, targeting the upper bound of the falling wedge as the first objective during the expected correction phase.
As always, rather than buying blindly into support, we will wait for bullish confirmation before considering any long positions.
Will buyers step in at this key confluence and trigger a corrective rally? ๐ค
โ ๏ธ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
๐ Stick to your trading plan regarding entries, risk, and management.
Good luck! ๐
All Strategies Are Good; If Managed Properly!
~Richard Nasr
XRP - Bulls Take ControlXRP's momentum has shifted from bearish to bullish after breaking above both the falling red channel and the green structure, signaling that buyers have regained control. ๐
Following the breakout, price is now entering a healthy correction back toward the former resistance, which could now act as support.
๐ As long as the green structure holds as support, we will be looking for trend-following long setups on every bearish correction, anticipating the continuation of the new bullish impulse.
As always, rather than buying blindly into support, we will wait for bullish confirmation before considering any long positions.
Will buyers defend the breakout and fuel the next leg higher? ๐ค
โ ๏ธ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
๐ Stick to your trading plan regarding entries, risk, and management.
Good luck! ๐
All Strategies Are Good; If Managed Properly!
~Richard Nasr
GOOGL - High-Confluence Support AheadGOOGL has been in a strong long-term uptrend, consistently respecting its rising wedge structure while printing higher highs and higher lows. ๐
The stock is now retesting a high-confluence support area, where two important technical factors intersect:
โข The lower bound of the rising red wedge, acting as dynamic support.
โข The blue structure zone, which has previously served as a strong support and resistance area.
๐ As long as this intersection continues to hold, we will be looking for trend-following long setups, anticipating the continuation of the primary bullish trend.
As always, rather than buying immediately, we will wait for bullish confirmation before considering any long positions.
Will this confluence trigger the next bullish impulse? ๐ค
โ ๏ธ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
๐ Stick to your trading plan regarding entries, risk, and management.
Good luck! ๐
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Bullish continuation setup?US Dollar is falling to the support level, which is a pullback support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 100.72
Why we like it:
There is a pullback support level that lines up with the 38.2% Fibonacci retracement.
Stop loss: 100.09
Why we like it:
There is an overlap support level that aligns with the 61.8% Fibonacci retracement.
Take profit: 101.41
Why we like it:
There is a pullback resistance level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (โVantage Global Limitedโ, โweโ) by a third-party provider (โEverest Fortune Groupโ). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
SP500 โ Next move loading
๐ขS&P 500 dropped into the highlighted demand area and, once again, that lower zone produced a reaction. Price is now trying to stabilize after the sell-off, but itโs still trading inside a short-term recovery structure rather than a confirmed breakout.
The market is sitting at an important decision point here: either buyers build on this bounce, or sellers use it as another lower-high setup.
๐ Bullish scenario
If buyers can hold this local base and push price back above the nearby resistance / dynamic SR area, we can expect continuation toward the upper marked liquidity zones.
๐ Bearish scenario
If price loses the current LQ support area, the downside path opens again and the next lower demand zones become the main targets. A clean breakdown would likely continue the bearish structure.
For now, the lower zone has done its job and produced a bounce, but price still needs to reclaim resistance before we can talk about a stronger bullish continuation.
NAUFF - The Sine Line Cycle Points Higher!NAUFF continues to respect a remarkably clean cyclical structure, and the recent price action is beginning to resemble a pattern that has already played out successfully before.๐ฏ
With drilling activities underway and several upcoming catalysts on the horizon, investor attention is increasingly shifting toward how the stock is behaving from a technical standpoint.๐
If we look closely at the recent price action, NAUFF has been following the Sine Line Cycle surprisingly well.
The stock previously completed a full cycle consisting of:
โข A cycle top ๐บ
โข A corrective phase ๐ป
โข A cycle bottom ๐ป
โข A breakout above a key minor structure level
โข Followed by a strong bullish impulse movement ๐
Interestingly, a very similar sequence appears to be developing once again.
๐ From a technical perspective, the recent cycle bottom appears to have already been confirmed after price successfully broke above the last minor high marked in red.
Historically , after breaking above this type of structure, NAUFF tended to retest the breakout area before launching the next bullish impulse.
That is exactly the scenario currently developing on the chart.
๐ An additional layer of confluence comes from the major support zone marked in blue.
Price is currently trading within this support area while attempting to establish a higher low, which strengthens the technical significance of the current setup.
As long as this support zone continues to hold, the bullish bias remains intact and we will be looking for trend-following long opportunities.๐
๐ฏ If history continues to rhyme, the next objective would be the upper portion of the current cycle, which also aligns with the upper bound of the projected move shown on the chart.
๐ From a fundamental perspective, OTC:NAUFF recently completed a debt settlement, strengthened its balance sheet, and continues advancing a large-scale 20,000-meter drill program focused on resource expansion and new discoveries at Limousine Butte.
The company also completed an upsized financing earlier this year, providing substantial capital to advance its development plans and upcoming milestones.๐๏ธ
This combination of active project advancement and improving technical structure creates an interesting alignment between the fundamentals and the chart.โ ๏ธ
In brief, NAUFF remains technically constructive, and the current cycle structure suggests that a new bullish phase may be developing if buyers continue defending the key support area.๐
โ ๏ธ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
๐ Stick to your trading plan regarding entries, risk, and management.
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Bearish reversal off pullback resistance?US Dollar is rising towards the resistance level, which is a pullback resistance, and could reverse from this level to our take profit.
Entry: 99.02
Why we like it:
There is a pullback resistance level.
Stop loss: 99.62
Why we like it:
There is a pullback resistance level.
Take profit: 98.43
Why we like it:
There is a pullback support that aligns with the 50% Fibonacci retracement.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (โVantage Global Limitedโ, โweโ) by a third-party provider (โEverest Fortune Groupโ). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
us100 longUS100 BULLISH? Yesterday saw us filing an big price inefficiency. Same move facilitated us taking out a lot of Sell-side liquidity. I believe this gives a bit of bullish momentum atleast for today. I am looking to see price react around the marked 30.100 price range where there is a lot of bullish support. Feel free to comment your views.
NAUFF - The Trend Is Being Tested, Not Broken!NAUFF continues to maintain a constructive bullish structure across multiple timeframes, and the current correction appears to be bringing price into a particularly important support cluster. ๐ฏ
While OTC:NAUFF continues advancing its Limousine Butte Gold-Antimony Project in Nevada, one of the company's flagship assets, the chart itself is once again presenting an interesting trend-following setup.๐
Currently, price is hovering around the intersection of three major technical factors:
1๏ธโฃ The previous major low , marked in red, acting as a key structure support.
2๏ธโฃ The lower bound of the rising blue channel , acting as a strong non-horizontal support.
3๏ธโฃ The 100 EMA , which continues to act as a dynamic support within the broader uptrend.
๐ When multiple support factors align at the same location, these zones often become important decision points for the market.
As long as this intersection continues to hold, the bullish bias remains intact and we will be looking for trend-following long setups.๐
๐กThere is also an interesting momentum signal developing in the RSI .
Previously, when RSI reached oversold territory and then crossed back above its signal line, NAUFF launched a bullish impulse that resulted in a rally of more than 160%. ๐
Today, RSI has once again reached oversold conditions, and another bullish crossover appears to be developing.
If confirmed, it could signal the beginning of a fresh bullish impulse, similar to the one that preceded the previous major rally.โก
๐ฏ In such a scenario, our first target remains the upper bound of the rising channel.
Beyond that, additional upside may become possible if momentum continues building and buyers regain control of the trend.
๐ Another interesting factor supporting the bullish structure is that NevGold recently identified extremely high-grade antimony mineralization within the historical Pre-Strip Dump area, including multiple double-digit antimony samples reaching as high as 53.7% Sb .๐
What makes this particularly interesting is that the mineralization sits at surface near historical World War II-era antimony mining zones , while the company simultaneously advances toward what could become the first modern Gold-Antimony Mineral Resource Estimate ( MRE ) completed at Limousine Butte.โ๏ธ
This ongoing transition from exploration narrative into resource-definition progress continues to align well with the strong bullish momentum currently reflected on the chart.โ ๏ธ
In brief,
NAUFF remains technically constructive, and the current support cluster could become the foundation for the next bullish impulse if buyers continue defending the area.๐
โ ๏ธ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
๐ Stick to your trading plan regarding entries, risk, and management.
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Bearish drop off?US Dollar Index has rejected off the resistance level, which is an overlap resistance, and could drop from this level to our take profit.
Entry: 99.43
Why we like it:
There is an overlap resistance level.
Stop loss: 100.07
Why we like it:
There is a multi-swing high resistance level.
Take profit: 98.74
Why we like it:
There is a pullback support level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (โVantage Global Limitedโ, โweโ) by a third-party provider (โEverest Fortune Groupโ). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Where Go Us OIL My Analysemy analysis to us oil now oil is in last moment of he now i waiting give me same next wave so any wave and corrective and big momentum and big corection or big momentum and corection i can buy to funish the next wave
like and follow and support our profile for new analyse forex crypto stock index
DXY โ Will the Range Hold Again?The U.S. Dollar Index (DXY) is currently trading around the upper bound of its long-standing range.
This area has acted as a major resistance zone multiple times in the past, making it a key level to monitor. ๐
As long as this resistance holds, we will be expecting a weaker USD moving forward. ๐
The current rally is still contained within the rising red channel, which means buyers remain in control in the short term.
However, for the bears to take full control and confirm a broader bearish move, a break below the lower bound of the rising red channel is needed. โ ๏ธ
Until then, the focus remains on watching for bearish rejection signals around the upper range boundary.
๐ Key levels to watch:
๐น Upper bound of the range acting as resistance
๐น Lower bound of the rising red channel acting as trend support
A rejection from current levels could trigger a move back toward the lower half of the range and reinforce the bearish outlook for the dollar. ๐ฏ
Will the resistance hold once again? ๐ค
โ ๏ธ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
๐ Stick to your trading plan regarding entries, risk, and management.
Good luck! ๐
All Strategies Are Good; If Managed Properly!
~Richard Nasr
XRP โ Is History Repeating Itself?I'm comparing the current XRP cycle with the previous one to better estimate the timing of a potential bottom.
Back in the previous cycle, XRP first broke below a major support level and entered a prolonged correction phase.
What happened next? ๐
๐น Price consolidated for more than 112 days
๐น RSI spent an extended period below the 30 oversold level
๐น Momentum gradually stabilized while sellers exhausted themselves
The real bullish signal only came later:
โ
RSI turned back higher from oversold territory
โ
Price broke above the falling red channel
โ
A new bullish phase started
Now, a very similar structure is developing.
Once again:
๐น Price has broken below a major low
๐น XRP is trading within a falling channel
๐น RSI is diving below the 30 level
If the historical pattern continues to play out, we could see a prolonged consolidation phase lasting around 112 days before the bulls are ready to take control.
For now, the focus is not on predicting the exact bottom price.
The focus is on watching for the same sequence of events that marked the previous cycle bottom:
๐ RSI recovering from oversold conditions
๐ A breakout above the falling red channel
๐ Confirmation that bullish momentum is returning
Until then, patience remains key. โณ
Will XRP follow the same roadmap once again? ๐ค
โ ๏ธ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
๐ Stick to your trading plan regarding entries, risk, and management.
Good luck! ๐
All Strategies Are Good; If Managed Properly!
~Richard Nasr
AVGO โ Bullish Trend Meets Key Support AVGO has been maintaining a strong bullish structure, trading within a rising channel while consistently printing higher highs and higher lows.
After the recent correction, price is now approaching a major confluence support area formed by:
๐น The lower bound of the rising channel
๐น The blue support zone and previous structure area
This intersection creates a strong demand zone where buyers could step back in and defend the broader uptrend.
As long as this support confluence holds, we will be looking for trend-following long opportunities. ๐
The overall trend remains bullish, and pullbacks toward support are often healthy corrections within a larger uptrend.
A bullish reaction from this area could trigger the next impulsive move higher and potentially send AVGO toward new all-time highs. ๐ฏ
๐ The key area to monitor is the intersection between channel support and the blue structure zone.
Will the bulls defend the trend once again? ๐ค
โ ๏ธ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
๐ Stick to your trading plan regarding entries, risk, and management.
Good luck! ๐
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Crude at 96: War Premium Exit or Dip Worth Buying? War Premium Unwinds, But the Strait Is Still Shut
The single biggest driver of crude over the past several months has been the US-Israel war on Iran, which began on February 28, 2026, and effectively closed the Strait of Hormuz to commercial traffic. At its peak in early April, Brent crude surged above $140 per barrel, the highest since 2008, as the conflict removed an estimated 12 to 15 million barrels per day from global supply and triggered record inventory drawdowns. The IEA noted that cumulative supply losses from Gulf producers already exceeded 1 billion barrels, with more than 14 million barrels per day shut in. The EIA reported that the US made its single largest-ever weekly drawdown from the Strategic Petroleum Reserve in mid-May, underscoring just how tight the physical market became.
The story in May, however, shifted dramatically toward diplomacy. Reports emerged that the US and Iran had "mostly agreed" to a 60-day memorandum of understanding that would pause hostilities, sending Brent down roughly 19% for the month, its worst monthly performance since the COVID-19 pandemic. By May 29, Brent settled near $92.56. That peace optimism has since proven fragile. Iran subsequently halted ceasefire talks, fresh strikes were reported on Kuwait and Oman in early June, and Iran's Foreign Minister stated there had been "no tangible progress" despite ongoing back-channel messaging via mediators. WTI has since bounced back above $90 on renewed geopolitical risk premium.
On the supply side, OPEC+ approved a largely symbolic 188,000 barrel-per-day production hike for June on May 3, with Saudi Arabia signaling further similar-sized increases are possible. However, these additions are meaningless so long as Gulf producers cannot physically export through Hormuz. The UAE, meanwhile, exited OPEC+ entirely. The IEA reaffirmed a significant 2026 global surplus outlook contingent on Hormuz reopening, a condition that remains unresolved. In correlated markets, the DXY traded near 99 to 100 at end of May, holding near two-month highs on safe-haven demand and higher-for-longer Fed pricing after US headline CPI hit 3.8% in April. Equities are under pressure, with the S&P 500 trading near 7,383 and the Nasdaq off over 4% on the week. A stronger dollar and weakening risk appetite are headwinds for crude demand narratives, even as supply fears keep a floor under prices.
What the Market Has Done
Since April, the market has been compressing with higher lows and lower highs, forming a textbook symmetrical contraction as the market digested the initial war shock and the subsequent peace-deal-driven sell-off.
In May, price stabilized into a sideways range between 105 (daily level 1) and 86 (daily level 2), with participants on both sides unwilling to commit directionally amid the ceasefire noise.
May closed with a double distribution profile on the volume profile, reflecting two distinct areas of accepted value and signaling the market is in a balancing phase rather than a trending one.
Recently in the last week, sellers have stepped down to the 96 area, which aligns with May's Low Value Area (LVA) and VPOC, suggesting the short side has found an area of interest and is probing for acceptance below the upper distribution.
What to Expect in the Coming Weeks
Key levels to watch are 86 (daily level 2) and the 96 area (May LVA / VPOC).
Neutral Scenario.
If buyers continue defending 86 while sellers maintain offers around 96, expect a two way balanced auction as the market continues establishing value before its next directional resolution.
A possible trigger could be a continued diplomatic stalemate on the Hormuz deal, where neither a full ceasefire nor a re-escalation materializes, leaving markets in a geopolitical holding pattern.
Bearish Scenario
If buyers fail to defend 86, expect acceptance below Daily Level 2 and a move toward 77, which represents Daily Level 3.
Acceptance below 86 would suggest that buyers are no longer willing to defend the lower end of the current range and that the market is seeking value lower.
A possible trigger could be a confirmed ceasefire deal or the formal reopening of the Strait of Hormuz, releasing pent-up supply and collapsing the geopolitical risk premium rapidly.
Bullish Scenario
If buyers reclaim and establish acceptance above the 96 area, expect a move back toward 105, which remains Daily Level 1.
Reclaiming 96 would signal that buyers have regained control of the upper distribution and that the market is prepared to continue rotating higher within the broader 105 to 86 range.
A possible trigger could be a breakdown of ceasefire talks combined with fresh strikes on Gulf infrastructure, reigniting supply fears and sending the risk premium sharply higher.
Conclusion
Crude oil is caught between two powerful and opposing forces. On one hand, the physical market remains deeply undersupplied as the Strait of Hormuz stays restricted, with global inventories drawing down at a record pace and no credible timeline for normalization. On the other side, the diplomatic noise around a potential US-Iran deal has already slapped nearly 20% off the highs in a single month, demonstrating just how violently risk premium can exit this market. Structurally, price is compressing at the May LVA/VPOC around 96, with 86 as the critical line in the sand for bulls and 105 as the ceiling sellers are defending. Whether 86 holds or breaks will be the defining trade of the coming weeks. The geopolitical tape is trading faster than any chart. The ceasefire crowd already took 20% off the highs. If they are wrong and Hormuz stays shut, 105 could come back on the table fast. Which side of this are you on?
D isclaimer: Past performance is not necessarily indicative of future results. Trading futures involves substantial risk of loss and is not appropriate for all investors. This content is intended for informational and educational purposes only and does not constitute trading advice or a solicitation to buy or sell any futures contract. Trade your own plan and manage risk.
Acronyms:
C - Composite
w - Weekly
m - Monthly
VA - Value Area
VAH - Value Area High
VAL - Value Area Low
VPOC - Volume Point of Control
LVN - Low Value Node
LVA - Low Value Area
HVN - High Value Node
HVA - High Value Area
SP - Single print
ATH - All time high
Copper shortHi guys!
Considering that I think copper has behaved more normally than gold and silver in recent months, I preferred to collaborate with him.๐คทโโ๏ธ
So...I think that given the fact that the situation between Iran and the US has calmed down a bit, or at least instead of physical fighting they are engaged in verbal and economic battles, in any case... the situation will get better for the US dollar (unlike the Iranian rial), at least in the short term Until the situation changes.
Considering these facts, which are created by my not-so-wise mind๐, It is better to consider a few technical facts as well.
Well, um... currently we are in an bullish daily trend. I agree with this.๐ Butโ I think we've climbed enough, isn't it enough? ๐๐ค(tired bulls, waiting bears). So๐, to give credibility to my theory, let's take a look at the latest high on the daily timeframe.๐ง In my opinion, in that last case, the bulls were terrible. They ruined it.๐คฆโโ๏ธ
So... you can see my Entry area
SL : it's a bit too big, I don't really like it.
TP1 : It's not very attractive; maybe I won't use it myself.
: My favourite!
TP3 : The dramatic one.
MCD โ The TRIO Retest I'm LovingMCD remains overall bullish, trading within the rising blue channel that has guided the uptrend for years. ๐ต
After the recent correction, price is now approaching what I call a TRIO Retest ๐
This is the intersection of three major bullish confluences:
๐ The lower red trendline acting as dynamic support.
๐ The lower bound of the long-term rising blue channel.
๐ A key blue structure zone that has previously attracted buyers.
When multiple support factors align at the same area, the probability of a meaningful reaction increases significantly.
As long as this intersection holds, we will be looking for longs, expecting the bulls to defend this zone and potentially start the next impulse movement higher. ๐
The TRIO Retest will be the key area to watch in the coming weeks.
Will the bulls step in and defend all three supports at once? ๐ค
โ ๏ธ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
๐ Stick to your trading plan regarding entries, risk, and management.
Good luck! ๐
All Strategies Are Good; If Managed Properly!
~Richard Nasr






















