Chart Patterns
Bitcoin Pulls Back to Key Support Bitcoin Pulls Back to Key Support – Is the Next Breakout Around the Corner?
Market Structure
The 4-hour chart remains range-bound with a slight bullish bias. Although recent selling pressure interrupted the previous advance, higher support levels continue to hold, keeping the broader recovery scenario alive.
Key Resistance
First Resistance: 64,300–64,500
This is the first resistance zone where recent selling pressure accelerated. A recovery above this area would improve short-term bullish momentum.
Second Resistance: 64,900–65,200
A breakout above this region could signal that buyers have regained full control and open the way toward another test of recent highs.
Key Support
First Support: 63,500–63,700
This support zone is currently being tested. Holding above it would encourage buyers to rebuild momentum.
Second Support: 62,900–63,100
If the first support level fails, the price may revisit this stronger demand area, where buyers could step in again.
Market Sentiment
Market sentiment remains cautiously optimistic.
Although recent profit-taking has interrupted the advance, buyers have not completely lost control. As long as key support remains intact, the current pullback can still be viewed as a healthy correction within a broader recovery phase.
Please share your view below:
Do you think Bitcoin is building a base for another breakout? Or will sellers extend the correction before buyers regain momentum?
More market structure and key level updates will be shared regularly.
Gold Price Strategy & Key NotesGold surged all the way to a high of $4435, followed by heavy profit‑taking among long‑position traders, which triggered a pullback. The price is now oscillating around the 4390‑4400 range. The market is waiting for the US CPI inflation data to set the next directional move. Overall, this is a wait‑and‑see phase following a sharp rally.
Short positions may be reasonably placed if gold faces resistance while rising within the 4390‑4405 zone. Prior to the CPI release, strict position management is required; trade with light positions or stay on the sidelines. Follow the market trend once the data comes out.
Trading Strategy
Rebound: Go short on stabilization at 4390‑4405
Targets: 4370‑4360
XAUUSD H1: BULLISH STRUCTURE REMAINS IN CONTROLCurrent Context:
XAUUSD continues to maintain its bullish trend after breaking out of the previous consolidation zone. Price is moving steadily within the rising channel, while the higher-high and higher-low structure remains intact.
Key Zone:
The main resistance is located at 4,485–4,490, which also aligns with the upper boundary of the rising channel.
Main Scenario:
If price continues to hold the 4,360–4,380 zone and buying pressure returns, XAUUSD could extend its bullish move toward 4,440, followed by 4,485–4,490.
Risk Scenario:
If price breaks below the lower boundary of the channel and closes an H1 candle below 4,350, the short-term bullish structure will weaken.
Trading Plan:
Entry: Buy 4,360–4,380 after bullish confirmation
SL: Below 4,340
TP1: 4,440
TP2: 4,485–4,490
BTC long setup Educational purpose only.
Bitcoin has collected liquidity around the 63,200–63,300 level and is now moving toward the buy-side liquidity.
The pending liquidity is around 65,400. However, trade according to the lower timeframe structure. On the lower timeframe, Bitcoin may first take out smaller liquidity before making a move toward the higher liquidity level.
Always manage your risk & trade accordingly.
H1 Bullish Continuation Toward Buy-Side LiquidityXAUUSD is trading around 4,396 after maintaining a clear sequence of bullish BOS inside the ascending price channel. Price is consolidating below the next liquidity cluster, but the H1 structure continues to favour buyers.
Gold remains supported after weak U.S. labour data reduced expectations for immediate Fed tightening. Markets are now waiting for July CPI, scheduled today at 8:30 a.m. ET. The Fed held rates at 3.50%–3.75% in July but maintained that inflation remains elevated, making today’s inflation print a major volatility catalyst.
Technical View
The H1 structure remains bullish after multiple BOS confirmations and the latest expansion toward 4,430.
Price is currently testing the 4,380–4,405 immediate resistance area. A controlled pullback toward 4,360–4,380 could provide the next higher-low structure before continuation.
The first major upside objective is the 4,425–4,445 buy-side liquidity zone. Acceptance above this area would expose the major resistance zone around 4,470–4,490.
The broader bullish structure remains protected by institutional demand around 4,215–4,235.
Key Zones
Current price: 4,396
Buy Priority: 4,360–4,380
Immediate resistance: 4,380–4,405
Buy-side liquidity: 4,425–4,445
Major resistance: 4,470–4,490
Institutional demand: 4,215–4,235
Bullish invalidation: below 4,350
Trading Plan
Buy Priority: 4,360–4,380
Condition: wait for an H1 pullback followed by bullish rejection, liquidity-sweep reclaim or higher-low confirmation.
SL: below 4,350
TP1: 4,425–4,445
TP2: 4,470
TP3: 4,480–4,490
Important Note
Avoid chasing price inside immediate resistance. CPI may produce aggressive liquidity sweeps before direction stabilizes.
A sustained H1 close below 4,350 would weaken the immediate continuation structure and increase the risk of a deeper correction.
Final View
Gold remains bullish on H1. The cleaner setup is a controlled pullback into 4,360–4,380 before targeting buy-side liquidity around 4,440 and major resistance near 4,480.
Will gold build another higher low before the next expansion toward 4,480?
Elliott Wave View: Russell 2000 (RTY) Impulse Set to Extend HighThe short‑term Elliott Wave view in Russell 2000 (RTY) shows that the rally from the June 9, 2026 low is unfolding as a five‑wave impulsive structure. From that low, wave ((i)) concluded at 3068.4, followed by a corrective pullback in wave ((ii)) which ended at 2903.26. The one‑hour chart highlights this development clearly. The Index has since advanced in wave ((iii)), which subdivides into another five‑wave sequence of lesser degree.
From wave ((ii)), wave (i) finished at 2976.3, while the subsequent pullback in wave (ii) ended at 2905.3. The Index then resumed higher in wave (iii), reaching 3058.3, before a minor correction in wave (iv) concluded at 3002. This sequence suggests that the Index is poised to extend further in wave (v), thereby completing wave ((iii)) at a higher degree. Once wave ((iii)) is complete, the Index should undergo a corrective phase in wave ((iv)). It should retrace part of the advance before the next upward leg in wave ((v)) resumes to complete the cycle from the June 9 low.
In the near term, as long as the pivot at 2903.26 remains intact, dips are expected to attract buyers. Corrective phases should unfold in either three or seven swings, offering opportunities for renewed strength.
EURUSD Short set up Hello Everyone We have 3 failed attempts to hold above monthly High, Generating Liquidity above here? Take a look on how my levels how they react on my previous posts, I also update my posts around 8pm Central Time Just a recap of my trade.
1. Equal Highs have been taking out on this 4hr chart lots of Liquidity has been generated!
2. Purple zone will be Optimal entry but less likely to be tapped into, since it has been tested this week also to be treated as a resistance zone
3. Red zone the zone bulls tried so hard to close above last week this zone is our magnet down and will continue to do so until it is satisfied.
4. Home run i know we all like those haha that is also a magnet and this target can be tested
Always use Proper risk management and once we start trending i like to to use the 5min to trail my stops up no Winning trade should go red $$$$
4004 a strong support for GOLDIt is a difficult question to answer should one invest in GOLD. It depends on what is your investment philosophy ? Some follow WB ideology that GOLD is a useless asset and does not generate any returns, merely fools fooling one another and chasing price up and down.
Some say it is a good hedge for inflation and it has been passed down from generation to generation. Others simply like the shiny look and heavy feel when they bought physical gold bars !
Looking at chart, I think there might be a pull back soon before any rebound takes place. So, no hurry to get in. Be patient and please DYODD
EURCAD Long
EURCAD BUY MARKET ORDER : 1.60674
Stop Loss: 1.60551
Partials/Remove risk: 1.60856
Take profit: 1.60922
Risk-Reward target: 1:2
Trade Plan: Long QUICK SCALP
Bias: BULLISH short term.
Entry reason: Price tested key POI area.
Fundamentally: The short-term valuation tool also shows temporarily overvalued against the corresponding index
Stop Loss: Below nearest low.
First target: 1.60856
XAUUSD H1: 4,370 Holds — Is 4,435 Next?Gold is trading around 4,392, and the H1 chart is approaching an important decision point.
The sharp rejection from 4,435 created a strong pullback, but sellers have not yet managed to break the underlying bullish structure. Price found support around 4,365–4,370 and has now recovered back into the 4,380–4,405 iFVG.
For me, this is less about predicting the next candle and more about watching how price reacts around these two boundaries.
4,370 is the defense.
4,405 is the trigger.
If buyers can maintain control above 4,370 and reclaim 4,405, I expect Gold to make another attempt at the 4,435 weak high.
The Setup
My preferred long area is:
Entry: 4,380–4,390
I don't want to chase Gold around 4,392 while price is sitting in the middle of the iFVG.
Instead, I want a pullback toward 4,380–4,390 and a clear bullish reaction.
Stop Loss: 4,360
This level is important because a decisive H1 move below it would tell me that the recent breakout area is no longer being defended.
For the upside:
TP1: 4,410
TP2: 4,435
TP3: 4,460
The first target is the nearby resistance.
The second target is the previous weak high.
If 4,435 is finally broken with strong H1 momentum, 4,460 becomes the next expansion target.
What Could Happen Next?
There are three important price reactions to watch.
1. Gold Pulls Back Into 4,380–4,390
This is the setup I prefer.
If price retraces into the zone, holds it, and buyers step back in, I would look for continuation toward 4,410 and then 4,435.
The key is that the pullback must remain controlled.
A healthy retracement followed by bullish rejection would keep the H1 structure intact.
2. Gold Breaks 4,405 Without Pulling Back
If an H1 candle closes firmly above 4,405, I would not immediately chase the breakout.
Instead, I would watch for a retest of 4,398–4,405.
If that area becomes support, the breakout setup becomes valid.
The targets remain:
4,435 → 4,460
This gives buyers a second opportunity even if the preferred 4,380–4,390 entry never appears.
3. Gold Loses 4,365
This is where my bullish idea is invalidated.
If H1 closes decisively below 4,365, I would cancel the long setup.
I would not immediately flip short simply because support failed.
The better decision would be to step aside and wait for a new market structure to develop.
Why 4,435 Matters
The 4,435 area is not just another target.
It is the previous weak high where sellers already appeared aggressively.
If Gold reaches this level again, I expect a reaction.
A rejection there could create another correction.
But if buyers break and hold above 4,435, the market would be showing that the previous supply has been absorbed.
That is where 4,460 becomes relevant.
My Current View
The H1 trend remains bullish as long as 4,365–4,370 continues to hold.
I am therefore looking for:
4,380–4,390 → bullish reaction → 4,405 reclaim → 4,410 → 4,435
And if the weak high finally breaks:
4,435 → 4,460
The opposite is equally clear:
H1 close below 4,365 = bullish setup cancelled.
No need to predict every move.
Let price reach the important levels and show which side is actually in control.
4,370 held once.
Now the question is whether buyers can take back 4,405.
Not financial advice. Always manage risk and position size appropriately.
Would you buy the 4,380–4,390 pullback, or wait for Gold to reclaim 4,405 first?
Maintain long positions on gold in the support zone.As the price touched a cyclical high, market sentiment and capital flows shifted significantly. Following the sustained rally, profit-taking by bulls has intensified, and the demand to lock in gains at high levels has driven capital to reduce positions—partly due to risk aversion—leaving the price unable to sustain upward momentum and causing it to retreat under pressure. In the short term, however, gold is likely to trade within a range; during the US session, focus should be placed on the support zone between $4,060 and $4,070.
DD (PSEI) - Re-accumulation RangeDD is in a re-accumulation range. Though the range is not that clear and perfect, however, price action indicates a story. You may be thrown off by the large green candles on large volume, then large red candles with low volume. However, the small red candles with large volume indicates absorption. Probability is this could either explode on either side. Will buy on break of range. LRE. TM.
MARKET RECAP ANALYSIS: QQQ, SPY & NVDA – WHAT YOU NEED TO WATCHThe market pulled back today as traders reacted to rising geopolitical tensions, higher oil prices, and uncertainty around future Federal Reserve policy. SPY (S&P 500) slipped from recent record highs, while QQQ (Nasdaq 100) saw increased selling pressure as mega-cap technology stocks weakened. Nvidia (NVDA), one of the market's most influential AI stocks, remained in focus as investors evaluated its role in the next leg of the AI rally. With NVDA carrying significant weight in both SPY and QQQ, every move in the stock has the potential to impact the broader market. The key question now is whether this pullback is simply a healthy pause before another breakout or the beginning of a deeper correction. In this video, we break down the critical support and resistance levels, institutional money flow, bullish and bearish scenarios, and the setups traders should watch heading into the next trading session.
#StockMarket #MarketRecap #SPY #QQQ #NVDA #Nvidia #StockMarketToday #Trading #DayTrading #SwingTrading #Investing #StocksToWatch #TechnicalAnalysis #OptionsTrading #AIStocks #Nasdaq #SP500 #StockAnalysis #MarketNews #TradeBestPits #WealthBuilding #FinancialFreedom #MoneyMindset #BullMarket #BearMarket #WallStreet
GOLD WEEKLY UPDATE — CPI IS THE CATALYSTWe're going into Wednesday with Gold sitting inside a pretty important range.
Monday started with consolidation before price expanded higher into NY. Today, we pushed back down and came just short of filling the H4 Bullish FVG, which also lines up with roughly the 70.5% Fibonacci retracement of the recent move.
So for me, this is where patience becomes important.
I'm not trying to predict CPI. I'm watching how price reacts to the range.
Right now I'm looking at roughly 4415–4495 as the area that needs to break.
If Gold pushes higher and takes out the 4495 area, I want to see whether we get acceptance above it and continuation. If that happens, the bullish thesis stays intact and I'm looking toward the higher liquidity/levels above.
On the other hand, if we push lower and start getting acceptance below 4415, especially if that H4 FVG gets completely traded through and fails to reclaim, then I'm much more interested in bearish continuation.
And this is where I don't want to make the mistake of assuming:
“We touched the FVG, therefore it has to hold.”
It doesn't.
The FVG is simply an area I'm watching for a reaction. The reaction is what gives me the trade.
With CPI coming tomorrow morning, I also don't want to get caught trying to front-run the move. The first expansion could easily sweep one side of this range before the real move develops.
So my plan is simple:
🔹 Above 4495 + acceptance = bullish continuation
🔹 Below 4415 + acceptance = bearish continuation
🔹 Inside the range = patience
Price is bullish until the structure tells me otherwise, but I'm not married to that bias.
Tomorrow I'm letting price, volume, and order flow confirm the direction.
No need to guess when the market is about to give us the answer.
Let's see what Gold does. 👀
DOGE - Key Moving Average BreakoutI will be making a post over the next few days outlining DOGE's macro structure with a more detailed analysis. In this idea, however, I want to specifically focus on the moving averages and point out the key development that just occurred.
DOGE has closed its first candle above many key moving averages, which could signal the start of a reversal for this downtrend.
The Moving Averages
I have the 21 EMA (orange), 50 MA (green), 100 MA (red), and 200 MA (blue) outlined for you. As you can see, DOGE just closed its 4H candle above the 200 MA. The last time price was trading above this MA was back in May 2026, around $0.105.
Confirming It Across Other Timeframes
I want to outline this same development across several other key timeframes to lay out the full structure.
6H timeframe:
8H timeframe:
12H timeframe:
1D timeframe:
Each of these charts is showing a key breakout occurring across the board on multiple timeframes. This is only the first confirmation close on many timeframes so it is vital to watch tomorrow's closes.
What This Means Going Forward
As more price action develops, I will be making a more detailed follow up post. For now this is looking like a genuine shift in trend strength, and a further breakout is likely to follow especially if tomorrow's CPI print comes in favorably.
TOTAL - Breakout UpdateA lot of developments have formed with tonight's close, so I want to give a brief update. Please review my last idea for more context:
TOTAL is still trading within its compression range but could have formed the low today before the next move to the upside. The total market cap broke above the 8H 200 MA as expected from the previous idea, and today's move has shown a successful retest of that level as new support.
Important economic data, specifically CPI, is set to be released tomorrow, which could be the catalyst that fuels the move to the upside if it comes in favorably.
EURAUD Long
EURAUD BUY MARKET ORDER : 1.63350
Stop Loss: 1.63248
Partials/Remove risk: 1.63505
Take profit: 1.63562
Risk-Reward target: 1:2
Trade Plan: QUICK Scalp Long
Bias: BULLISH short term.
Entry reason: Price tested key POI area.
Fundamentally: The short-term valuation tool also shows temporarily overvalued against the corresponding index
Stop Loss: Below nearest low.
First target: 1.63505
XRP/BTC - Likely LowThis will be a brief post, but it adds some additional support to my argument in my last XRP/USD idea, which you can find here:
XRP is poised to gain some strength against Bitcoin in the short term based on this ratio. The bounce XRP/BTC has just shown from oversold conditions on the daily timeframe gives the first major signal of trend momentum flipping back to the upside.
It is also worth noting that the 3D chart printed an inverted hammer on the last close, and this current candle could form a wick-off bottom, giving a solid setup for a potential reversal to the upside.
There are a few other supporting reasons, but as stated, I want to keep this post brief. Watch for a move back toward the black trendline, as that will be the main test for XRP. It is an extremely significant trendline on the 3-day timeframe for XRP/BTC. Once the ratio reaches that level, I will make a follow up post and go into more detail.
Gold Retreats : Time to Buy the Dip?Regarding gold, the broader trend aligns with yesterday's analysis: after retracing approximately 30% from the historical high of 5596 to a low of 3943, the price is now in an upward cycle following the confirmation of a cyclical bottom. After an initial rebound to 4200 and a subsequent pullback to build momentum, the price broke through key levels driven by the Non-Farm Payrolls (NFP) data, extending gains to 4435 early in the week. On Tuesday, we noted that the price had reached a zone of strong resistance—specifically the upper boundary of the trading channel—and lacked the momentum to break through. We anticipate a pullback from the weekly high of 4435, targeting 4350–4300 initially, with plans to re-enter long positions once the pullback concludes.
On Tuesday, the price dipped to 4356; the daily chart closed bearish, and the 4-hour chart structure remains weak, suggesting a continued pullback for the day. Short-term resistance during the day session lies at 4380–4390, with strong resistance at 4404–4410; a breakout above this would target 4435. Short-term support is found at yesterday's low of 4356, with strong support at the daily MA5 (4340); a break below this would target 4315–4300.
Regarding trading strategy, simply hold the short position opened at 4395 yesterday evening.
Strategy 1: Sell near 4390; stop-loss at 4410; targets at 4340–4300.
























