GBP/CHF remains capped beneath the descending daily resistance, with the latest rejection showing sellers are still defending the trendline. Price is now pressing back toward the 1.0520 support zone, a key level for market structure. A clean daily close below this area could confirm bearish continuation, opening the door for further downside toward June lows. Bias remains bearish while resistance holds.

A Bullish Belt Hold known as ‘yorikiri’ in Japanese is a single bullish candlestick pattern that suggests a possible reversal of the current downtrend. To identify it, look for the following criteria.
• A downtrend must proceed the pattern
• After a series of bearish candlesticks, a bullish candlestick must appear. The pattern should be composed of a long bullish candlestick with a short upper or no upper wick.
• The candlestick should lack a lower wick entirely.

EUR/NZD reversed from the 1.95 demand zone and it printed a bullish impulse.

Price is trying to break out of the bullish correction pattern and it has the potential to continue moving higher.

If price does actually break out, traders could look for a correction or buy setup that meets their strategy rules.

AUD/CAD remains in a clear rising channel on the 12H chart, but price has sharply rejected the upper resistance zone and is now pulling back toward channel support. MACD is showing bearish divergence, suggesting upside momentum is weakening. The key area to watch is support: a clean bounce could offer another long opportunity, while a breakdown may open the door for a deeper sell-off.

S&P 500 After 7 weeks of buying and price looking a little over extended, are we about to see a correction and a short term sell off?

The EMAs or Fib levels could be interesting targets.

Check out todays educational post on a bearish reversal pattern called a Bearish Belt Hold.

To identify it look for the following

1️⃣ An uptrend must precede the pattern

2️⃣ After a run of bullish candlesticks, a bearish candlestick must appear. The pattern should be composed of a long bearish candlestick with a short upper or no upper wick.

EUR/CHF remains locked inside a clear weekly bearish channel, with price respecting descending resistance and printing lower lows. The recent rejection near the upper channel suggests sellers are still in control, keeping downside pressure toward weekly support around 0.8950–0.8900.

Wait for a lower-timeframe pullback or rejection before looking for short opportunities.

Gold remains under pressure on the 8H timeframe, trading inside a clear bearish channel. Price is currently consolidating in a triangle correction, suggesting momentum is pausing before the next directional move. A break below the triangle could trigger a retest of the channel bottom before any stronger bullish reaction. Traders should wait for confirmation.

EURNZD is testing the 1.9930 resistance zone after a strong H4 push from a clear higher low, showing buyers remain in control. However, this area has repeatedly rejected price, so momentum needs a decisive close above resistance to confirm continuation. A breakout could open 1.9960–2.0000, while rejection from here may trigger a pullback toward 1.9860–1.9820 support.

Look for a trade that meets your strategy rules.

Have you ever heard of a lovely trend indicator called the Williams Alligator?

It's a combination of Balance Lines (moving averages) that use fractal geometry and non linear dynamics.

Check this out.

Gold remains in a corrective phase after the first impulsive rally, with price respecting the descending channel and reacting around the 61.8% retracement near 4,401. The recent bounce suggests buyers are stepping back in, but confirmation requires a clean breakout above channel resistance. A strong close higher could shift momentum back bullish, targeting 4,700–4,888.

GBP/NZD remains under clear bearish pressure, with price rejecting the descending resistance and accelerating into the key 2.2400 support zone. Momentum favours sellers, but this level is significant from February. A daily close below 2.2400 would confirm downside continuation, likely opening 2.2300–2.2200. If buyers defend it strongly, a corrective retest toward 2.2600–2.2700 may come first.

CHF/JPY is still showing strong buying pressure, but price is now testing a major resistance area around 204.00. A clean daily close above this level could trigger continuation higher toward 205–206. However, rejection here may send price back into the range, with 198.00 remaining the key downside support. Patience is needed for confirmation.

The Falling Three Methods Pattern

The pattern consists of 5 candles ( a large seller candle, 3 smaller bullish candles with successive higher highs and finally a large seller candle).

The highs and lows of the 3 bullish candles must be totally contained with the highs and lows of the 1st bearish candle. Also the final bearish candle must close lower than all of the previous 4 candles.

Has EUR/USD opened the door to 1.1450?

EUR/USD has broken below the key 1.1600 support zone, confirming bearish momentum in the short term. Price is now approaching 1.1500, where a possible retest or reaction could develop. If sellers remain in control and 1.1500 fails to hold, the next downside target sits around 1.1450. A reclaim of 1.1600 would weaken the bearish setup.

EUR/NZD is showing a clear shift in structure after breaking out of the long-term descending trendline and then retesting the broken trendline area. Price is now reacting higher from that retest, which supports the bullish case. The key for continuation is a clean daily close above the shorter-term descending resistance around 1.9900–2.0000. If buyers hold momentum, the next upside area to watch is around 2.0200.

Will GOLD bulls defend the trend?

Price continues to respect the long-term ascending trendline, with multiple rejections confirming strong demand at key levels. The current area of interest aligns with previous reactions, making it a critical support zone to watch.

A bounce from here could open the door for a move back toward 4,600–4,800 and beyond.

The On Neck Pattern

The pattern consists of two opposite coloured candlesticks and should occur in a downtrend.

After a long bearish candlestick, a small candlestick will gap down and closes near the opening price of the previous big bearish candlestick.

The trade setup for this pattern would be a sell stop underneath the low of the bullish candlestick.

Gold is showing a repeated pattern of rejection from a rising trendline that has provided support on multiple occasions. The latest weekly candle has closed bearish after testing this level, suggesting sellers are defending the area aggressively. If price continues below the trendline, downside momentum could accelerate toward previous swing lows. However, a strong bullish response from current levels would keep the longer term uptrend structure intact and delay further weakness.

EUR/CHF is approaching a major descending trendline resistance after a strong bullish recovery. Price is holding above recent support, but sellers may step in if a lower high forms beneath resistance. A rejection from this area could signal renewed downside momentum, with traders watching for confirmation before targeting lower levels.

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