


TotoshkaTrades
PremiumOn the 2-hour timeframe, gold continues to consolidate inside a well-defined contracting triangle, marked by a series of lower highs and higher lows, suggesting reduced volatility before a directional move. The structure appears to follow a five-leg correction (waves 1–5), which may now be nearing completion. The focus is now on how price reacts to the upper...
On the weekly chart of ENIC, a broad expanding triangle formation transitioning into a base accumulation structure is visible. The price is now approaching a critical resistance zone around $3.90–$4.00, an area that previously triggered major reversals. Currently, the market is consolidating just below this resistance, forming a platform for a potential breakout...
On the weekly chart of Nokia, a classic Inverted Head and Shoulders reversal pattern has formed. The breakout above the neckline occurred with increased volume, confirming the strength of the move. Currently, the price is undergoing a standard technical retest of the neckline from above — a typical phase before a potential continuation higher. The structure...
On the 1-hour chart, gold attempted to form a double bottom structure, which initially showed bullish potential. However, the price action quickly reversed near resistance, failing to sustain above key EMAs and trendline zones. This invalidates the reversal attempt and reaffirms the current bearish structure within the descending channel. The price is now trading...
USDCAD (1M) — Technical and Fundamental Analysis: Bullish Pennant Structure and H Projection On the monthly chart of USDCAD, a bullish pennant structure has been formed and confirmed with a breakout followed by a clean retest of the upper boundary. The price broke out of the consolidation zone with momentum and is currently holding above the key support at 1.3802....
ICON (3D) — Technical Structure Analysis ICON has broken out from a prolonged horizontal rectangle pattern ($380–$540). The move activated a measured move structure with two H-sized waves. The first H was completed. The second H projects a move to the $700 area. Key points: -Confirmed breakout from range -First H = 153 pts, completed -Second H = 162 pts,...
The pair has formed a textbook bullish pennant on the 4-hour timeframe following a sharp impulsive move upward. Price action consolidated within a narrowing triangle, signaling accumulation before the next leg higher. The breakout above the pennant’s resistance suggests continuation of the uptrend, with projected Fibonacci targets at: 1.1781 (1.272...
First Horizon Corporation is a regional U.S. banking company offering commercial, mortgage, and investment services. It operates mainly across the southern United States and is among the largest regional banks in its sector. Technical Analysis: FHN recently broke down from a long-term ascending channel and is now retesting the lower boundary as resistance....
Technical Analysis Amazon (AMZN) has broken below its weekly ascending trendline and failed to reclaim the key 0.618 Fibonacci level (180.52). Strong bearish volume and a weakening RSI suggest downside continuation. Key support targets lie at 161.55, 151.21, and 142.58, with extended downside to 119.12. Fundamentals Macro pressure from high interest rates...
Technical Outlook: EUR/GBP has broken above the descending trendline and is now retesting it from above near 0.8540–0.8560. This zone is critical — holding it confirms a trend reversal. If successful, the next upside targets are 0.8625 and 0.8680. RSI remains above 50, and MACD continues to support bullish momentum. Fundamentals: Dovish expectations from the...
BTC has formed a falling wedge pattern on the daily chart, indicating a possible bullish breakout. A clean break above the 0.618 Fibonacci level at $86,485 may trigger an impulsive move to the upside. Price is bouncing from wave (4) and challenging the descending trendline. RSI is recovering, suggesting renewed buying momentum, and MACD shows signs of a bullish...
Technical Outlook On the 4H chart, gold is forming a rising structure and is currently trading near the 3236–3260 resistance zone, aligned with the 1.272 Fibonacci extension. This area is expected to act as a short-term cap, with a potential corrective move ahead. 🔹 Key Levels: Resistance: 3236, 3260 Support: 3132–3140 (trendline), 3082 (horizontal zone) 🔹...
The chart shows strong bearish momentum, but price is approaching a potential demand zone, though it hasn't fully tested it yet. The main focus is on the 0.8080–0.8095 area, aligned with the 0.618 Fibonacci level — a key point where a bounce may occur. Key Levels: 🔹 Buy Zone #1: 0.8080–0.8095 → 0.618 Fibonacci, previous consolidation, and a potential reversal...
After a sharp drop and rebound, gold is now testing the 50% Fibonacci level around 3122. The key resistance zone lies between 3163–3167, where a breakout could open the path to 3218 (0.786 Fibo). 🔹 Resistance levels: • 3163 – 0.618 retracement • 3167 – previous swing high • 3218 – 0.786 level & target 🔹 Main Scenario: Breakout above 3163 leads toward 3218...
The price has broken below the 1W trendline, confirming a bearish scenario. After a fake breakout, the price moved downward and is now targeting 2551 and 2283. A breakdown below these levels could accelerate the decline. RSI shows weakening momentum, MACD signals a bearish crossover, and EMA 50/200 suggest further downside. Fundamentally, zinc prices depend on...
JetBlue shares have broken a key weekly trendline, reinforcing a bearish outlook. After breaking support at $5.21, the price is heading toward $4.52 and potentially $3.41. Technical indicators confirm the weakness: RSI shows declining momentum, MACD signals a bearish crossover, and EMA 50/200 indicate sustained selling pressure. Fundamentally, the airline...
USDSGD has broken out of a descending trendline on the daily timeframe – signaling a potential shift in short-term momentum. Price has held above 1.3510, confirming the breakout and opening the door to resistance zones at 1.3565–1.3638 (aligned with 0.382 and 0.236 Fibonacci levels). If bulls stay in control, next targets lie at 1.3723 and 1.3750. However, a...
Following a breakout from a multi-year narrowing channel, GBPNZD has established a bullish trend above a key resistance level. Price is now approaching a major supply zone around 2.52–2.55, where a consolidation or pullback may occur. A breakout above this zone could pave the way toward the 0.5 Fibonacci level at 2.79 – a major upside target. Momentum indicators...