EURNZD: Bearish Forecast & Bearish Scenario
The analysis of the EURNZD chart clearly shows us that the pair is finally about to tank due to the rising pressure from the sellers.
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Wave Analysis
EURUSD: Bulls Will Push
Balance of buyers and sellers on the EURUSD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the buyers, therefore is it only natural that we go long on the pair.
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DOTUSD Weekly Outlook 17-7-2025DOT is showing signs of a potential macro reversal as it rebounds from the bottom of a long-term falling wedge pattern. Price has stabilized near the key structural support zone around $4.20 after reclaiming it.
A rounded bottom formation is developing, indicating growing momentum and a possible breakout to the upside in the long term.
🎯 Key Targets:
$8.00
$11.90
This setup presents a compelling high risk-reward opportunity for long-term swing traders, provided the bullish structure holds.
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GOLD BUY M15 Gold (XAU/USD) 15-Minute Chart Analysis
Analysis Type: Bullish Reversal Setup
Date: July 17, 2025
Timeframe: 15-Minute Chart (TVC: Gold)
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Key Levels:
Entry Zone (Demand Zone): Around 3320 – 3315
Stop Loss (SL): 3314
Target (TP): 3338
Important Resistance Levels:
3327.67
3332.16
Final Target at 3338.30
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Market Structure:
Break of Structure (BOS): Identified around the 3324 level showing previous lows being taken.
Change of Character (CHoCH): Signals potential reversal from bearish to bullish trend.
Demand Zone: Highlighted in purple, where price is expected to reverse and bounce upward.
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Trade Plan:
Price is currently within a strong demand zone, suggesting a potential bullish reversal.
The idea is to enter long (buy) near the 3320–3315 zone, with a tight stop-loss at 3314 to minimize risk.
If the reversal plays out, price is expected to push up towards the first resistance at 3327.67, continue to 3332.16, and potentially hit the target of 3338.
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Conclusion:
This setup offers a favorable risk-to-reward ratio, anticipating a bounce from the demand zone with confluences like BOS and CHoCH supporting the bullish bias. It’s a scalp to intraday long trade idea targeting a retracement or reversal.
$PENGU Taking a Breather? CSECY:PENGU Taking a Breather? Wave 4 May Be Brewing
After a strong move, CSECY:PENGU looks like it might be pausing for breath. The recent action suggests we may have just wrapped up a small-degree Wave 3, with price now struggling to clear a key resistance level from earlier in the structure.
That hesitation could mark the early stages of a Wave 4 correction...Conservatively.
Here’s the zone I’m watching for a potential W4 pullback:
- .236 to 50% retracement of Wave 3, measured from the Wave 2 low
- Most Likely Target (MLT) sits right around the .382 fib
- Keep an eye on time symmetry—Wave 4 may offset the time duration of Wave 2
- Price could react off the base channel as a support guide
If this is a W4, it could give us a clean continuation setup into Wave 5—provided it holds structure and doesn’t overlap the Wave 1 territory. Stalking the pullback as it plays out, and am ready to react if we see support step in at the expected fib levels or the base channel.
Trade Safe!
Trade Clarity!
TCS: ABC Correction Complete – New Impulse Wave in FocusTCS appears to have completed a classic Elliott Wave structure, consisting of an initial 5-wave impulsive move followed by an A-B-C corrective phase. The recent price action suggests the correction has likely ended, and a new bullish impulsive move is beginning.
Fundamental trigger:
Interestingly, just a few days ago, TCS announced strong quarterly results — reporting solid profits and declaring a dividend. Despite the positive news, the stock reacted negatively and moved lower. This could have been a classic case of "good news, bad reaction" — possibly a stop-loss hunt or smart money absorbing liquidity before the next leg up.
Key technical points:
✅ Wave 1-2-3-4-5 clearly visible, forming the initial impulse.
✅ A-B-C correction appears complete with price reversing from a key support zone.
📈 Bullish structure forming; watching for confirmation with a break above recent highs.
🔍 Technicals and sentiment suggest renewed upside potential, despite short-term shakeouts.
Invalidation below recent swing low (Beginning of 1st Impulsive).
This setup offers a potential long opportunity with a favorable risk-reward
#TCS #NSE:TCS #ElliottWave #WaveAnalysis #TechnicalAnalysis #ABCCorrection #ImpulsiveWave #LongSetup #ChartAnalysis #NSEStocks #IndianStocks #Dividend #Earnings #PostEarningsMove #TrendReversal #SwingTrading #PriceAction #SmartMoney
GOLD Is Very Bullish! Buy!
Please, check our technical outlook for GOLD.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 3,328.03.
Considering the today's price action, probabilities will be high to see a movement to 3,388.97.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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WULF / 2hAs depicted in the 2h-frame above, NASDAQ:WULF might extend its final advance in an impulsive extension of wave v(circled) of the ongoing Minor degree wave C. Hence, the target would adjust to the Fib extension target at 6.93.
Wave Analysis >> The triangle correction in wave iv(circled) worked well, followed by an initial swift advance of the same degree wave v(circled), which would likely extend towards the Fib extension target >> 6.93. So, an advance of 32% lies ahead to conclude the Minor degree wave C of the entire correction in an A-B-C zigzag as a countertrend advance in Intermediate degree wave (B).
Trend Analysis >> After completion of the Minor degree wave C, the countertrend advance of Intermediate degree wave (B), which has developed since April 9, will probably change to decline in the same degree wave (C) in the coming few days!
And it'll likely last until the end of the year!!
NASDAQ:WULF CRYPTOCAP:BTC MARKETSCOM:BITCOIN
#CryptoStocks #WULF #BTCMining #Bitcoin #BTC
EURUSD Elliott Wave: Top in PlaceExecutive Summary
Wave 1 rally from January 2025 to July 2025 appears complete
Decline to 1.1170 and possibly 1.08 in wave 2.
The support shelf near 1.1170 may contain the decline.
We now have enough evidence in place to consider a medium-term (or longer) top in place for EURUSD.
The weekly chart above shows a rally from the January 2025 low that reached the upper parallel at the July high. This rally appears to be complete and a sideways to lower consolidation is likely underway.
On January 24, we forecasted a rally with a second target of 1.18. EURUSD reached the target topping at 1.1830.
Now, it’s time to flip the scrip as a correction is likely underway to correct that strong rally.
The 6-month rally in EURUSD appears to have ended this month and a correction is likely underway to 1.1170 and possibly lower levels.
The top of EURUSD on July 1 is labeled as wave 1. The decline underway appears incomplete and would be wave 2.
Within the wave 1, wave ((v)) measures equal to wave ((i)) at 1.1832, just a couple of pips within the actual high. Additionally, there is RSI divergence within the wave ((v)) and wave ((iii)) highs. This is a common pattern within a fifth wave of an Elliott wave impulse pattern.
The next trend (lower) will likely carry to below 1.1170.
Near this level is the 38% Fibonacci retracement level of the 6-month rally. Additionally, there is a support shelf of broken resistance and congestion appearing between 1.1033 - 1.1275.
At the lower end of that price zone is a broken trend line dating back to 2023. Therefore, this price zone will offer up a strong level of support that may launch the next rally or at least a small bounce.
BOTTOM LINE
The Elliott wave impulse pattern from January to July 2025 appears over. A downward correction appears to have begun and may visit 1.1170 and possibly lower levels.
As the downward trend takes hold, we’ll review its structure to determine where we are at within the larger wave sequence.
#Banknifty directions and levels for July 17thIn the previous session, both Nifty and Bank Nifty moved with ups and downs. Structurally, the sentiment still remains the same.
Even if the market opens with a gap-up, we can expect some rejection near immediate resistance.
So, my expectation is that the market may behave similarly to the previous session.
If it starts with a pullback, we may see rejection afterward.
On the other hand, if it starts with a decline, we can expect a pullback later.
The key point to note is that clear directional moves are likely only if a strong candle forms after consolidation.
EUR-NZD Will Keep Growing! Buy!
Hello,Traders!
EUR-NZD is trading in a
Strong uptrend and the
Pair made a bullish breakout
Of the key horizontal level
Of 1.9580 so we are bullish
Biased and we will be expecting
A further bullish move up
Buy!
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USD/JPY – Rising Wedge Meets Major ResistanceChart Overview:
USD/JPY is printing a textbook rising wedge formation, typically a bearish pattern—especially when occurring at the top of a major move.
What makes this setup compelling:
Price is testing the upper wedge resistance near the 148.50–149.00 region, a historically reactive zone.
There’s clear confluence with the 200 SMA, horizontal resistance, and wedge structure—all signaling potential exhaustion.
🔍 Key Technicals:
Resistance Zone: 148.00–149.00 (Highlighted Supply Zone)
Rejection Candle Pattern: Recent upper wick shows rejection and buyer fatigue
Bearish Divergence on RSI (14): Price made higher highs, RSI printed lower highs — a classic warning signal
🧠 Educational Note: Rising Wedge Patterns
A rising wedge is a bearish reversal pattern, especially potent when it forms after an extended rally. The structure narrows as buyers lose steam, leading to a likely breakdown once support is breached.
Pro Tip: Always confirm a wedge breakdown with a close below support + volume spike or bearish engulfing.
🔄 Invalidation:
This idea becomes invalid above 150.467, where the wedge breaks upward and price potentially enters a new bullish phase. Marked clearly as “Idea Invalid” on the chart.
🧠 Final Thoughts:
This chart combines price action, pattern structure, RSI divergence, and SMA confluence — a high-probability scenario favored by elite traders. If you trade based on confirmation rather than prediction, this could be a setup to watch closely.
🗣 Drop your thoughts or questions below!
💬 Let’s learn and grow together.
Buy Trade Strategy for PNUT: Exploring DeFi Yield Farming PotentDescription:
This trading idea is based on PNUT, the native token of the Peanut DeFi platform, which operates primarily within the SmartBCH ecosystem. PNUT plays a crucial role in powering yield farming, liquidity mining, and governance activities on the platform. With DeFi continuing to expand globally, projects like Peanut aim to offer accessible, low-cost, and efficient tools for users to participate in decentralized finance. The fundamentals of PNUT are supported by its utility, active community, and its positioning in an emerging blockchain environment with room for growth.
However, it is important to understand that PNUT operates in a highly volatile and speculative segment of the crypto market. DeFi protocols are particularly sensitive to shifts in regulation, platform security, and liquidity changes. While there may be upside potential, such assets require strict risk management and an informed investment strategy.
Disclaimer:
This trading idea is for educational purposes only and should not be considered as financial advice. Trading or investing in cryptocurrencies like PNUT involves substantial risk and may result in a complete loss of capital. Always do your own research, assess your financial situation carefully, and consult with a licensed financial advisor before making investment decisions. Past performance is not indicative of future results.
Latest Gold Price Update TodayGold prices today continue to maintain a short-term uptrend, driven by trade tensions and U.S. inflation data.
The weakening of the USD and the drop in U.S. Treasury yields have increased gold's appeal as a safe-haven asset. The trade tensions between the U.S. and the EU, along with new tariff measures, further boost the demand for gold.
Additionally, the U.S. PPI for June rose by 2.3%, lower than the forecast and May’s increase, suggesting that inflation could decrease in the future. The market expects the Fed to cut interest rates in September, weakening the USD and supporting gold's uptrend.
With factors like trade tensions, a weaker USD, and positive inflation data, gold prices may continue to rise. Investors need to closely monitor these factors to devise an appropriate strategy.
GOLD/XAUUSD Long Trades Risking 1% to make 1.40%OANDA:XAUUSD / TVC:GOLD Long Trade, with my back testing of this strategy, it hits multiple possible take profits, manage your position accordingly.
Risking 1% to make 1.4%
Note: Manage your risk yourself, its risky trade, see how much your can risk yourself on this trade.
Use proper risk management
Looks like good trade.
Lets monitor.
Use proper risk management.
Disclaimer: only idea, not advice
ADA Breakout from Ascending TrianglePair: ADA/USD
Timeframe: 4H
Pattern: Ascending Triangle
Breakout Level: ~$0.777
Entry: On breakout candle close above resistance
Targets:
🎯 1st Target: $0.83
🎯 2nd Target: $0.86
Confluence:
Bullish structure with higher lows pressing into horizontal resistance
Breakout occurred with volume confirmation
Fib extension aligns with target zones
Bollinger Band expansion supports momentum continuation
Bias: Bullish (continuation pattern)
⚠️ If price falls back below $0.745, watch for possible invalidation or retest of the triangle breakout.