XAU/USD (GOLD) BULLISH BREAKOUT SETUP: Riding the Strong 📊 Trade Setup Summary
Asset: Gold Spot / U.S. Dollar (XAU/USD)
Bias: Strongly Bullish / Long
Entry Zone: $4,360.00 – $4,362.00
Stop Loss (SL): $4,338.40
🎯 Target Levels (Take Profit)
Take Profit 1 (TP1): $4,380.00 (Initial resistance test & risk-free point)
Take Profit 2 (TP2): $4,400.00 (Psychological handle)
Take Profit 3 (TP3): $4,420.00 (Intermediate continuation level)
Final Target / TP4: $4,438.90 (Major Buy-Side Liquidity sweep)
🔍 Comprehensive Technical Analysis & Confluence
🛑 Retracement Phase Completed: Following a healthy pullback into dynamic support, the downside correction has officially concluded. Price respected key sub-structure support and cleared out sell-side liquidity (SSL) without violating the overall bullish trend.
📈 4-Hour Bullish Expansion & Volume: Strong institutional buyers stepped in on the 4-Hour timeframe, leaving behind heavy bullish displacement and confirming that the higher-timeframe trend remains firmly intact.
🛡️ Dynamic Support Alignment: Price continues to trade cleanly above the 100 EMA (~$4,335.73) on lower timeframes, offering strong dynamic backing right beneath our execution zone.
🎯 Liquidity Magnet Ahead: Above the current market price lies a critical pool of Buy-Side Liquidity (BSL). Market structure favors a decisive expansion higher to grab this resting liquidity above $4,435+.
⚠️ Risk Management Note
Always manage your exposure responsibly. Stick to proper position sizing (1-2% risk per trade) and move your stop loss to breakeven once TP1 is secured.
📌 Disclaimer: This trade analysis is purely for educational purposes and idea-sharing. It is not financial advice. Trading forex and commodities involves high risk—always conduct your own independent research.
#XAUUSD #GoldTrading #ForexSignals #SmartMoneyConcepts #TechnicalAnalysis #PriceAction #PulseWire #BullishSetup #Gold #DayTrading
Chart Patterns
GOLD (XAU/USD) H4 Breakout, Bulls are back! Gold (XAU/USD) has successfully broken above a long-term falling wedge pattern on the H4 timeframe, signaling a potential trend reversal after weeks of sustained bearish pressure. The breakout was followed by a healthy retest of the former wedge resistance, which has now started acting as new support—a classic technical confirmation that buyers are gradually taking control. OANDA:XAUUSD FX:XAUUSD
📊 Technical Analysis
✅ Falling wedge breakout confirms bullish reversal potential.
✅ Successful breakout and retest strengthen buyer confidence.
✅ Demand zone continues to attract institutional buying interest.
✅ Higher lows indicate improving bullish market structure.
✅ Momentum favors further upside while price holds above support.
🔑 Key Levels
✅Primary Demand / Support Zone: 3955 – 3995 (Key Zone)
✅First Bullish Target: 4370 – 4385 (Major Resistance)
✅Second Bullish Target: 4485 – 4500 (Key Resistance)
✅Bullish Bias: Valid while price remains above the highlighted demand zone.
⚠️ Risk Management: Always wait for confirmation before entering a trade. Use proper stop-loss placement and never risk more than 1–2% of your trading capital on a single position.
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EUR/USD - Smart Money Rejection Points to Liquidity Sweep BelowEUR/USD has broken below a key ascending trendline, confirming a shift in market structure after a Change of Character (CHoCH). The recent rejection from the Bearish Order Block and Premium Zone suggests sellers are regaining control, while price consolidates beneath the broken trendline. FX:EURUSD
As long as price remains below the highlighted supply zone, the bearish bias remains intact. A weak retracement into the bearish order block could provide another selling opportunity before the market targets the next liquidity pools below. A decisive reclaim above the premium zone would invalidate the current bearish outlook.
🎯 Key Levels
🔴 Bearish Order Block: 1.1540 – 1.1548
🚫 Premium Supply Zone: 1.1550 – 1.1562
🎯 Take Profit 1 (Liquidity): 1.1455
🎯 Take Profit 2 (Liquidity): 1.1434
⚠️ Bullish Invalidation: Sustained close above 1.1562
📊 Trade Idea: Watch for bearish confirmation inside the supply zone before considering short positions. Patience and confirmation remain the key to high-probability setups.
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Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always use proper risk management and wait for confirmation before entering any trade.
GBP/CAD - Triangle Breakout in H1GBP/CAD is currently trading inside a symmetrical triangle, where price continues to produce lower highs while repeatedly testing the ascending trendline support. This tightening price action signals that volatility is compressing, and a significant breakout is approaching. Based on the current market structure, bearish momentum remains dominant, with sellers gradually gaining control after every recovery attempt.
The upper descending trendline continues to act as dynamic resistance, rejecting bullish momentum and preventing buyers from establishing a higher high. At the same time, the lower ascending trendline has been tested multiple times, weakening its strength. Repeated tests of support often reduce buying pressure, increasing the probability of a bearish breakdown.
A confirmed close below the triangle support would validate the bearish continuation pattern and could trigger a strong wave of selling. The projected downside move targets the highlighted Key Support Zone, where buyers may attempt to defend price. Until a confirmed breakout above the descending resistance occurs, rallies should be viewed as potential selling opportunities rather than trend reversals.
🔑 Key Levels
Immediate Resistance: Descending triangle resistance near 1.8890–1.8910
Triangle Support: Rising trendline around 1.8830–1.8845
Major Support / Demand Zone: 1.8700–1.8715 (Key Zone)
Bias: Bearish while price remains below the descending trendline.
📊 Technical Outlook
Bearish symmetrical triangle pattern.
Lower highs indicate sellers remain in control.
Multiple support retests increase the probability of a downside breakout.
Breakdown confirmation could accelerate selling toward the highlighted demand zone.
⚠️ Risk Management: Wait for a confirmed candle close below support before considering bearish continuation. Always use proper stop-loss placement and risk only 1–2% of your trading capital per position.
Silver: breakout attempt or rejection at trendline?Silver: breakout attempt or rejection at trendline?
XAGUSD is trading near $61.80 after a strong rebound from the lower part of the descending structure. On the daily chart, silver is now testing a key resistance cluster: the falling trendline, SMA 50 near $62.38, and the current supply zone around $62.00–$63.00. RSI is above 50, which supports the rebound, but it is also approaching its own descending resistance line. So the next 24 hours look like a confirmation test, not a clean bullish signal yet.
Current situation — Ten of Stonks
Silver is trying to recover after a long corrective phase. Buyers have pushed price back above EMA 9, but the market is still below the major SMA 200 near $71.00. This suggests momentum is improving, but the bigger trend has not fully reversed yet.
Key factor — Page of Currencies
The key factor is whether buyers can turn this rebound into a confirmed breakout. A daily hold above $62.40–$63.00 would show that fresh demand is entering the market. If price fails there, the move may become only a short-term bounce inside the wider downtrend.
Probable scenario — Ten of Futures
The most likely scenario for the next 24 hours is volatility around resistance. Silver may try to break above $62.40–$63.00, but if buyers cannot hold that zone, a pullback toward $59.60 is possible. A stronger bearish reversal below $59.60 would open the way back toward $57.50–$55.00. If silver confirms above $63.00, the next upside zone is $65.00–$66.00.
Bottom line: silver has a bullish rebound setup, but confirmation is still missing. Ten of Stonks shows recovery potential, Page of Currencies asks for proof through resistance, and Ten of Futures warns not to fight the market if the breakout fails.
What does your analysis suggest: buy the breakout, wait for confirmation, or stay on the sidelines?
Tarot offers one possible perspective and is not a substitute for technical analysis. This publication does not constitute investment advice.
Bitcoin vs FUD | The Bears Lost This RoundBitcoin has recovered from around $62.5K at the start of the week and is now trading back near $64K. What stands out is not necessarily the strength of the rally, but the market’s ability to absorb several negative events without a major breakdown
Last week, Strategy announced the sale of 1,638 BTC worth approximately $104.7 million. At the same time, the Coldcard security incident continued to grow, with estimated losses reaching around 1,755 BTC, or roughly $110 million, across nearly 5,000 wallets as of August 4. Despite these developments, Bitcoin managed to hold its ground instead of facing a deeper sell off
Volatility Refuses to Panic
The options market is showing a similar level of calm. 7 day and 30 day at the money implied volatility stood at 28.8 and 32.6, both near the lower end of their recent ranges, while 90 day volatility remained at 37.1
Short-term downside protection demand has also eased. The 7 day 25 delta risk reversal improved from -7.39 to -2.10, showing that traders are less aggressively positioning for a sharp decline
While short-term implied volatility remains slightly above recent realized volatility, the 90 day market is pricing in less volatility than what has already occurred. Positioning has also become more balanced, with traders selling large amounts of August $50K puts while showing selective interest in short term $65K calls
The overall message is clear, despite several crypto specific shocks, options markets are not showing the same level of fear that typically appears during major market sell offs
Growth Holds, Hiring Slows
The US economy continues to send mixed signals. July’s ISM Manufacturing PMI climbed to 55.6, its strongest level in more than four years, while the services sector remained in expansion territory at 54.1
However, employment data has been weaker. JOLTS job openings dropped to 7.36 million, ADP private payrolls added only 44,000 jobs, and the ISM services employment index returned to contraction
The picture that emerges is an economy that is still growing, but with a slower pace of hiring. Layoffs remain relatively limited, suggesting the labor market is cooling rather than entering a broad downturn
Markets are now focused on July’s payroll report . Wall Street expects around 83,000 jobs added, with unemployment staying at 4.2%. With inflation still above the Fed’s target, the report will play an important role in shaping expectations for future interest rate decisions
Hormuz Remains a Risk Factor
Geopolitical uncertainty continues to influence markets. Iran and Oman have made progress toward a potential agreement regarding commercial traffic through the Strait of Hormuz, but a full reopening has not yet been achieved
The proposed arrangement would create separate shipping lanes under Iranian and Omani oversight, but key issues such as transit fees and unrestricted access remain unresolved
Meanwhile, Iran’s parliament is considering legislation that could limit access for vessels connected to countries it considers hostile, with possible penalties reaching up to 20% of cargo value for violations. US maritime authorities continue to view the risk to commercial shipping in the region as elevated
Brent crude has moved back above $83 as markets assess the possible impact on energy supplies and global shipping. Until there is more clarity, Hormuz remains a major source of uncertainty across financial markets
Japan Remains a Global Liquidity Story
Japan continues to be an important factor for global markets. Attention increased after Treasury Secretary Scott Bessent’s handwritten notes appeared to mention a possible $5 billion to $10 billion US purchase of yen
The following US intervention was carried out by the New York Fed on behalf of the Treasury and, unusually, involved selling euros to buy yen instead of selling dollars
The bigger issue is not the intervention itself, but what it means for global currency flows, bond markets, and liquidity conditions. The Bank of Japan still owns roughly half of all outstanding Japanese government bonds, while rising domestic yields have made Japanese fixed income more attractive after years of ultra low rates
The key question is whether higher Japanese yields encourage domestic investors to bring capital back home instead of allocating it overseas. That potential shift keeps the yen and JGB market important for global liquidity and bond markets
Resilience, Not Confirmation
For crypto markets, this week’s price action shows resilience rather than a confirmed trend reversal. Bitcoin has absorbed corporate selling pressure and a major security incident, while options markets show limited signs of panic
However, the broader environment remains uncertain. Labor data, energy prices, US Treasury yields, and Japanese monetary conditions continue to influence the liquidity backdrop for digital assets.
Regulatory progress in the US has also slowed. The Senate has not completed work on the CLARITY Act before the August recess, pushing the next major legislative window toward September. The bill still faces procedural challenges, unresolved ethics concerns, and criticism from community banks over potential competition from stablecoins
The process is still moving forward, but the delay reduces short term regulatory clarity
For now, the situation is straightforward.. the market is no longer getting worse, but Bitcoin’s price action has not yet confirmed a stronger move into a new trend.
GOLD (XAU/USD): Bulls Defend Demand Zone — Is the Next Breakout?📊 Market Analysis
The XAU/USD chart shows a strong bullish structure, with price continuing to form higher highs and higher lows after multiple breakout and pivot-point confirmations.
🟢 1. Breakout Confirmation
Gold has successfully broken above the previous resistance area, signaling that buyers have regained control. The breakout is followed by consolidation rather than an immediate reversal, which can be a positive sign for further upside.
💎 2. Demand Zone — Key Area to Watch
Price is currently trading around the marked Demand Zone. This area could act as the launchpad for the next bullish move. If buyers continue defending this zone, the bullish setup remains valid.
🛡️ 3. Strong Support Zone
The lower green Strong Support Zone provides an additional layer of protection for the bullish structure. A sustained hold above this region keeps the overall trend favorable for buyers.
🚀 4. Bullish Scenario
The chart illustrates a potential retest → bounce → continuation pattern. If price respects the demand zone and breaks above the recent local high, bullish momentum could accelerate toward the marked TARGET zone.
🎯 Target: The upper green target area shown on the chart
📌 Key Support: Demand Zone
🔥 Major Support: Strong Support Zone
⚡ Bias: Bullish while price holds above the key support areas
🔥 Final Outlook
Gold bulls are defending the battlefield! 🐂⚔️
As long as XAU/USD maintains the demand zone, the structure favors another bullish attempt. A decisive breakout above the recent high could open the door toward the projected target.
🚨 Watch the Demand Zone closely — this could be the launchpad for Gold's next major move
GOLD 2H – Short SetupHi fellow traders,
Price has reached my Blue Box, where I begin looking for short opportunities.
My analysis combines Elliott Wave, Fibonacci and price action to identify high-confluence setups. I don't sell the Blue Box blindly but wait for multiple technical factors to align before taking an entry.
This area marks a potential completion of Wave (B). If the bearish scenario remains valid, I'm looking for a move toward new lows as Wave (C) unfolds.
Entry: Current
Stop Loss: 4452.86
Take Profit: 3872.71
Risk remains fixed at 1%. If price breaks above my stop, the setup is invalidated.
Good luck and trade safe!
XAUUSD Resistance Test – Watching for a Drop Toward 4,230📊 XAUUSD Resistance Test – Watching for a Drop Toward 4,230
🔍 Market Overview
XAUUSD has delivered a powerful bullish expansion and is now pressing into a major resistance zone around 4,370–4,385. This area previously acted as an important ceiling, so the current reaction could decide whether Gold pauses here or extends the rally further.
The bullish momentum is still strong, which is exactly why I would not short blindly. The cleaner opportunity comes only if price fails to establish itself above resistance and begins showing clear rejection from the zone.
📉 Market Structure Insight
Market Bias: Bearish correction from resistance
Momentum: Strong bullish move, now extended into supply
Current Phase: Testing major resistance and waiting for rejection
The setup here is not based on assuming the entire bullish move is over. It is based on price reaching an area where sellers have a technically reasonable place to respond after a sharp advance.
🚀 Primary Bearish Scenario
I would be watching for one thing above all: failure at resistance.
A rejection wick, bearish reversal candle, or repeated inability to hold above the highlighted zone would strengthen the idea that buyers are losing momentum. If sellers take control from there, I expect XAUUSD to begin a corrective move toward 4,230.
🎯 Target: 4,230
❌ Invalidation
The bearish setup loses credibility if Gold breaks decisively above the resistance zone and continues holding there. In that case, the market would be accepting higher prices rather than rejecting them, and selling into the move would no longer make technical sense.
📍 Key Levels
🔴 Major Resistance: 4,370–4,385
🎯 Downside Target: 4,230
⚠️ Invalidation: Sustained breakout above resistance
⚠️ Trading Perspective
The rally into resistance has already been aggressive, so the advantage comes from waiting for the market to prove that sellers are actually present. A resistance touch alone is not enough.
For me, the higher-quality setup is simple: price reaches the zone, fails to hold above it, then confirms weakness.
🧠 Professional Insight
What makes this chart interesting is the contrast between strong bullish momentum and a historically important resistance area. That combination often creates one of two outcomes: a clean breakout or a sharp corrective reaction.
I am interested in the second scenario only if price confirms it.
Touch resistance first. Rejection second. Trade third.
🛡️ Risk Management
Wait for bearish confirmation, avoid selling directly into strong bullish candles, keep invalidation above the resistance structure, and size the position so a breakout does not create excessive account risk.
No rejection, no trade.
This analysis is for educational purposes only and should not be considered financial advice.
PNUT — Major Descending TrendLine Under Pressure!📊🔥 TECHNICAL ANALYSIS
💵 Coin: $PNUT #PNUT
⌛ Time Frame: 3D
📉 Pattern: Descending TrendLine / Long-Term Downtrend
💰 Current Price: around $0.04185
🎯 Key Resistance: $0.05150 → $0.06650 → $0.09450 → $0.11800
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📉🔻 DESCENDING TRENDLINE PATTERN
🔻📉 On the 3D chart, $PNUT is still trading below the main Descending TrendLine that has formed since the previous high.
🔻🧱 This yellow TrendLine has repeatedly limited price increases, showing that sellers still have control over the medium- to long-term structure.
🔻⚠️ As long as the price has not successfully broken above this TrendLine with confirmation, the overall structure can still be considered bearish/downtrending.
👀🔥 However, the price is currently getting closer to the TrendLine. This makes this zone a KEY AREA TO WATCH.
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🟢🚀 BULLISH SCENARIO — BREAKOUT 📈🔥
🟢🚀 If $PNUT successfully breaks out and closes above the Descending TrendLine on the 3D timeframe, this could be an early indication that bearish pressure is starting to weaken.
🟢📊 The breakout would be stronger if accompanied by increased volume and the price manages to hold above the TrendLine after the breakout.
🟢🎯 After the breakout, the next resistance levels to watch are:
🥇 Target 1: $0.05150
🥈 Target 2: $0.06650
🥉 Target 3: $0.09450
🏆 Target 4: $0.11800
🚀🔥 If bullish momentum continues to strengthen and all of these resistance levels are broken, the price structure could experience a MUCH LARGER REVERSAL from the previous downtrend.
📌🎯 The $0.05150 area is an important initial resistance. A TrendLine breakout alone is not enough if the price falls back below this area.
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🔴📉 BEARISH SCENARIO — REJECTION ⚠️
🔴⚠️ If the price reaches the Descending TrendLine but fails to break out, the TrendLine will continue to act as a MAJOR RESISTANCE.
🔴📉 A rejection from the TrendLine could cause the price to move lower again and continue the bearish structure.
🔴💥 If nearby support fails to hold, selling pressure could potentially push the price back toward the previous low area around $0.03104.
⚠️🚨 Until a valid breakout occurs, a move toward the TrendLine should NOT be considered confirmation of a reversal.
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🧠📌 KEY LEVELS TO WATCH
🟡 $0.05150 — First resistance / continuation confirmation area
🟡 $0.06650 — Next resistance
🟡 $0.09450 — Strong resistance
🟡 $0.11800 — Major resistance / main bullish target shown on the chart
⚪ $0.04185 — Current price area
🔴 $0.03104 — Major low / extreme support on the chart
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🔥🧠 CONCLUSION
📌👀 $PNUT is currently in a very interesting area to watch as the price gets closer to the major Descending TrendLine.
🟢🚀 Breakout + 3D candle close above the TrendLine → potential structure shift toward bullish.
🟢📈 If the breakout is confirmed, $0.05150 → $0.06650 → $0.09450 → $0.11800 become the key levels to monitor.
🔴📉 Rejection from the TrendLine → bearish structure remains valid.
🔴⚠️ Losing support could open the possibility of a retest toward the previous low area.
👁️🗨️🔥 THE KEY IS SIMPLE: WATCH THE DESCENDING TRENDLINE.
🚀📈 A CONFIRMED BREAKOUT COULD BE THE FIRST MAJOR SIGNAL THAT THE LONG-TERM BEARISH STRUCTURE IS CHANGING.
---
#PNUT 🥜 #PNUTUSDT 🐿️ #PeanutTheSquirrel #Crypto 🚀 #Cryptocurrency #TechnicalAnalysis 📊 #CryptoTA #Altcoins #AltcoinAnalysis #DescendingTrendLine 📉 #Breakout 🚀 #Bullish 🟢 #Bearish 🔴
SOL/USDT 1H — Breakout Setup Toward $76.59The chart shows **SOL/USDT on the 1-hour timeframe** breaking above a clearly defined **resistance zone around $74.80–$75.00**. The breakout is supported by rising momentum, with price currently trading around **$75.48**.
### 🎯 Key Levels
* **Breakout zone:** $74.80–$75.00
* **Current price:** ~$75.48
* **Target:** **$76.59**
* **Target zone:** approximately **$76.50–$76.70**
* **Trend support:** Rising blue trendline around $73.5–$74.0
### 📈 Trade Setup
A sustained move above **$75.00** confirms the breakout structure and opens the path toward the marked **$76.59 target**.
**Breakout → $75.00**
⬆️ **Target → $76.59**
If SOL fails to hold the breakout zone, the setup could weaken and price may retest the **$74.80–$75.00** area before making another attempt higher.
### 🏷️ Suggested Chart Title
**“SOL/USDT 1H — Resistance Breakout | Target $76.59”**
**Bias:** 🟢 **Bullish above $75.00**, targeting **$76.59**.
EURUSD H1 — SELL SetupEURUSD H1 — SELL Setup
Entry: 1.1545–1.1555
Stop Loss: 1.1570
TP1: 1.1520
TP2: 1.1500
TP3: 1.1360
Bias: 🔴 Bearish
Price is reacting from the 1.1555–1.1565 supply/resistance zone. Expected move is lower after rejection. First target 1.1520, then 1.1500. If strong bearish momentum continues, 1.1360 can be the extended target.
Trade with proper risk management.
TDD - $9 is the bottom. Last week I shared a TDD chart a few days before the drop at earnings. I wanted to see TDD around $15. Well that happened much quicker than I expected. I didnt buy that dip though as we lost my support level in the after market. I dont like that kind of price action. Orders were immediately cancelled. I would like us to test this huge yearly level at $8.50 to $9.50. There are two huge yearly levels here and this zone should be layered with major buys.
Going Over Q's, long Natural Gas, Profits taken on FridayIn this video for my subscribers I go over my thoughts on the Q's and what I'm personally looking for and mapping out ideas of what could happen and What I would do. We also go over natural gas and I went long using a double leverage AMEX:BOIL ETF but I entered with 0.5% of portfolio as a starter position. I also cover two charts that I decided to take profits on NYSE:PFE I'm sill holding Moderna NASDAQ:MRNA as it go news and the bear flag looks like it can fail. Big moves come from failed moves if it has follow through / NASDAQ:SOUNW Great profits on those charts! Amazing to see sound do that 75% from the lows!
Gold Breaks Correction Channel | Bullish Structure Remains IntacGold continues to show strength after completing a healthy correction within an overall bullish trend.
The recent pullback developed inside a descending corrective channel. Price has now broken above that channel while also reclaiming an important horizontal resistance level, suggesting that buyers are regaining control.
From a market structure perspective, the sequence of higher highs and higher lows remains intact, so the broader bullish bias has not changed.
However, chasing the current breakout may not offer the best risk-to-reward profile. A pullback toward the 4260 support zone would be a healthier scenario. If buyers defend that area and bullish price action appears, it would provide stronger confirmation that the breakout is being accepted by the market.
The level around 4230 is the key invalidation point for this bullish scenario.
A decisive move below that support would weaken the current structure and require a fresh evaluation.
Trade Plan Levels
• Buy Zone: Around 4260 (after bullish confirmation)
• Invalidation: 4230
• Short-Term Target: 4380
• Mid-Term Target: 4470
As always, patience is often rewarded. Waiting for confirmation instead of chasing price is usually the better approach in trending markets.
WLD 6H – Trendline Breakdown Recovery Into ResistanceWLD on the 6H timeframe is currently trading around 0.3836 after breaking below the descending trendline support near 0.3060–0.3100 in late July and dropping to a low near 0.2960 before recovering sharply, with price now pressing into the 0.3396–0.3500 horizontal resistance zone that has been a consistent pivot throughout the post-breakdown structure.
The chart shows a descending trendline originating from the early July low near 0.3560, connecting the July 8 low near 0.3500 and continuing to slope downward across the entire visible structure into the 0.2960–0.3000 area before the breakdown. Price ground lower along the trendline from early July through late July, with recoveries consistently capped and each successive high lower than the prior one. The trendline was eventually broken to the downside in late July as price accelerated through 0.3160–0.3200 and into the low near 0.2960 before reversing sharply. A horizontal level near 0.3160–0.3200 has been a recurring reference through the lower portion of the structure and is now sitting as support after being reclaimed on the recovery. The sharp bounce from 0.2960 pushed price back through 0.3160–0.3200, 0.3280–0.3320, and now into the 0.3396–0.3500 zone where the broken descending trendline previously sat.
Price has recovered nearly the entire breakdown move in a single sharp candle and is now pressing into the first meaningful resistance above the low, with the broken trendline level sitting as the key reference for whether the move was structural or a liquidity event.
Key Levels To Watch
→ 0.4200–0.4400 Prior range high, major resistance above
→ 0.3800–0.3900 Mid-range resistance zone
→ 0.3500–0.3560 Prior breakdown zone, resistance
→ 0.3396–0.3500 Horizontal resistance, current test
→ 0.3160–0.3200 Reclaimed support, key level on pullback
→ 0.3060–0.3100 Prior trendline level, secondary support
→ 0.2960–0.3000 Breakdown low, macro support floor
A confirmed 6H close above 0.3396–0.3500 and follow-through above 0.3500–0.3560 would suggest the breakdown was a liquidity sweep rather than a structural break, reopening a move toward 0.3800–0.3900 and potentially 0.4200–0.4400 on continuation.
A rejection at 0.3396–0.3500 and a return below 0.3160–0.3200 would keep the bearish structure intact, and a loss of 0.3060–0.3100 on a confirmed close would reopen the risk of a retest of the breakdown low near 0.2960–0.3000.
Sharp recovery from breakdown low now testing first meaningful resistance. Break above 0.3500–0.3560 → breakdown invalidated, eyes on 0.3800–0.4200. Reject here and lose 0.3160–0.3200 → bearish structure intact, retest of 0.2960 open. Bias neutral pending confirmation. Shift bullish only on confirmed close above 0.3500–0.3560.
SOL - Breakout + Potential Retest Solana has broken out of its structure on the daily timeframe and has begun to see increased appreciation against Bitcoin, as I outlined in my last idea:
Let's start by examining the SOL/BTC pair:
Since that post, SOL/BTC saw a brief failed break below the 100 MA before reclaiming it two days later. Upon reclaiming the 100 MA, SOL/BTC entered its expansion phase and is now heading toward the dotted green line or the red box I outlined in that idea.
Because of this relative strength against BTC, it has also helped SOL/USD break out of its own pattern. Solana has been trading within this triangular pattern since early May 2026, and it now looks ready to begin moving to the upside. That said, it is still possible SOL could drop once more back to the trendlines (black upper and lower trendline) to test them as new support and demand. This is what I have labeled on the chart as "Watch for Retest."
This retest does not have to occur, as SOL has already confirmed the breakout and remains in alignment with the theory of SOL outpacing BTC in the near term. Even with the weakness BTC has shown today, SOL is still holding strong, which further supports the thesis that SOL is positioned to gain value against BTC in the short term.
If price does dip slightly lower and the retest does occur, I will make a follow up post in real time to walk through what the market structure looks like at that point.
The last thing worth noting is volume. Since the February 6, 2026 low was formed for SOL, volume has spiked three separate times, (orange circles) each time coinciding with a significant low forming.
Right now, volume has continued to decline and there is no volume supported breakout yet. Ideally, if price does pull back for the retest, volume would ramp up alongside it, giving Solana the volume supported retest needed to solidify demand and help push price toward the upper targets.
Minda Corp Weekly Chart
Long consolidation
2 year Range Breakout
Range % 38 expected move
Auto Components
Minda Corporation Ltd is one of the leading automotive component manufacturing companies in India with a pan-India presence and international footprint.
It is the flagship company of Spark Minda, which was part of the erstwhile Minda Group.
The company was formed after a split between the businesses of the Minda brothers in 2012. Presently, NK Minda owns and operates Minda Industries Ltd and Ashok Minda is the owner of Minda Corporation Ltd. Both the companies are listed on the exchanges.
EURUSDOn Friday, EURUSD rose to 1,1580 following weaker-than-expected US labor market data.
This week, the focus will be on inflation data, which could trigger the market’s next major move.
The next key resistance levels are around 1,1600 and 1,1648.
A break below 1,1520 would provide new reasons to look for selling opportunities.
Don’t rush into new entries ahead of the inflation data. Wait for confirmation from the market before taking a position.
GBP/USD Triangle Breakdown & Bearish Continuation# **GBP/USD Technical Analysis – Bearish Outlook**
GBP/USD is consolidating within a symmetrical triangle after failing to sustain higher highs, indicating that bullish momentum is gradually fading. The current price action reflects compression between rising support and descending resistance, a structure that often precedes a volatility expansion.
From a technical perspective, the **intraday high at 1.3470** remains the immediate resistance and the key level buyers must overcome to regain short-term control. As long as price remains below this level, the broader structure favors a bearish continuation. A confirmed **break of structure (BOS)** below the ascending trendline would signal that sellers have regained control and could trigger an impulsive move lower.
On the downside, the **1.3386** demand zone represents the first bearish objective, where initial buying interest may emerge. However, if selling pressure persists and liquidity below this level is swept, GBP/USD could extend its decline toward the **1.3274** liquidity zone, which remains the primary downside target.
### **Key Technical Levels**
**Resistance**
* **1.3470** – Intraday high (key resistance)
* **Descending trendline** – Dynamic resistance
**Support**
* **Ascending trendline** – Dynamic support
* **1.3386** – First bearish target
* **1.3274** – Primary liquidity target
### **Bearish Thesis**
* Price is compressing within a symmetrical triangle, signaling an imminent breakout.
* The inability to break above the intraday high suggests weakening bullish momentum.
* A confirmed **break of structure (BOS)** below the ascending trendline would validate the bearish continuation scenario.
* A move below **1.3386** could trigger additional sell-side liquidity and accelerate the decline toward **1.3274**.
### **Professional Insights**
* **Market Structure:** The recent rally is losing momentum as lower highs begin to develop beneath descending resistance.
* **Liquidity:** Sell-side liquidity is concentrated below **1.3386**, making it a key magnet if support fails.
* **Order Flow:** Buyers continue to defend rising support, but repeated failures at resistance indicate sellers are absorbing demand.
* **Breakout Potential:** Price compression within the triangle suggests volatility is building, with a downside breakout currently carrying the higher probability.
* **Risk Management:** Waiting for a confirmed break below trendline support reduces the risk of trading a false breakout.
### **Trade Invalidation**
The bearish outlook will be invalidated by a **decisive break and sustained close above 1.3495**, clearing both the intraday high and descending trendline resistance. Such a move would signal renewed buyer strength and increase the probability of a continuation toward higher highs.
USDJPY: Short-term rebound or weekly trap?USDJPY: Short-term rebound or weekly trap?
Japanese wisdom says: “After victory, tighten the cords of your helmet” — 勝って兜の緒を締めよ.
USDJPY has recovered toward 158.87 after the intervention-driven decline. CFTC data show that leveraged funds reduced their yen shorts by 42,159 contracts, but the pair continues to recover as the US–Japan yield differential remains wide.
On the hourly chart, 158.53 has turned into support. Price remains above the EMA 9, EMA 20 and SMA 50, but the SMA 200 near 158.95 is the next obstacle.
The weekly picture is less bullish. USDJPY remains below the weekly EMA 20 at 159.46 and EMA 9 at 159.85, while the SMA 50 near 156.62 provides support.
1-hour setup — conditional long
Entry: 158.53–158.63 after a bullish rejection
Stop loss: 158.18
TP1: 158.95
TP2: 159.50
TP3: 160.08
Confirmation : 158.53 holds as hourly support.
Invalidation : an hourly close below 158.20.
Weekly setup — conditional short
Entry: 159.45–159.85 after a bearish rejection
Stop loss: 160.90
TP1: 156.62
TP2: 152.50
Confirmation : price fails to recover above the weekly EMA 20 and EMA 9.
Invalidation : a weekly close above 160.90.
The hourly setup follows the short-term recovery. The weekly setup treats the same advance as a possible retest of higher-timeframe resistance.
US CPI on August 12 at 12:30 UTC is the main catalyst and may determine which scenario activates.
Will USDJPY reclaim the weekly averages or reject them?
This material is intended for informational purposes only and does not constitute investment advice or a personalized investment recommendation.
























