Breakout from cup and handle pattern Grasim Cup and Handle Breakout Setup
Grasim is forming a classic Cup and Handle pattern on the daily chart.
✅ Breakout Level: 2790
🛑 Stoploss: Below 2650 (handle low)
🎯 Target Zone: 3290 (based on depth projection and prior highs)
Pattern Logic:
Rounded cup base indicates accumulation
Handle pullback was shallow with declining volume
Breakout attempt with volume surge
Price above 20 EMA & 50 EMA
RSI > 55 and MACD nearing bullish crossover
Longsetup
GOLD – ONCE AGAIN AT A CROSSROADSThe gold scenario is becoming clearer: price is holding firmly at the key support zone around 3,300.900 and is gearing up to react to a series of “bombshell” U.S. data releases – including GDP and the Fed’s preferred inflation gauge, Core PCE. These two indicators are critical in shaping future Fed policy.
From a technical standpoint, buyers have halted the decline at a previous Fair Value Gap (FVG) – a zone that previously supported a bullish breakout. The recent rebound from this area opens up a potential move towards 3,368.700, where a new FVG exists and coincides with a long-term descending trendline. This is not only a technical target, but also a testing ground to assess whether the market has enough momentum to reverse the broader downtrend.
However, one must also acknowledge the risk: if upcoming U.S. data reinforces the Fed’s hawkish stance, gold is likely to face rejection at the trendline – and could once again slip below the 3,300 zone.
XAUUSD –Bounces from support, watching PMI & Powell for breakoutGold is recovering from the 3,357 zone – the lower boundary of the ascending channel on the H4 chart, with the FVG area around 3,365–3,375 acting as near-term support. The higher-lows structure remains intact, indicating the medium-term uptrend is still in play.
On the news front, the US Flash Manufacturing PMI is expected to decline, and Fed Chair Powell is set to testify before Congress. If dovish signals emerge, gold could see a strong push higher.
Strategy: Consider buying around 3,357–3,365 if confirmation appears, targeting 3,443.
Do you think gold has the momentum to break through this resistance zone?
Hindalco Symmetrical Triangle breakout setup🔹 Pattern: Symmetrical Triangle
🔹 Breakout Level: ₹660
🔹 Stoploss: ₹635 (below swing low)
🔹 Target Zone: ₹850 – ₹900
🔹 Risk–Reward: 7.6 – 9.6
🔹 Timeframe: Positional (swing to medium term)
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📊 Chart Analysis:
Hindalco has broken out of a well-defined symmetrical triangle on the daily chart, with strong price compression followed by bullish breakout confirmation.
The triangle height is ~₹200, projected from the breakout zone, giving a target range of ₹850–₹900.
🧠 Stoploss placed below the last swing low inside the triangle to avoid false breakdown traps.
BTCUSDT – Long-term uptrend intact, target 111,666 USDTBitcoin is maintaining a strong bullish structure on the daily chart, having successfully retested the long-term ascending trendline. The support zone around 93,932 USDT — which aligns with a Fair Value Gap (FVG) and trendline — continues to act as a key rebound level, as seen in late April.
The current chart suggests a “pullback–breakout–consolidation” pattern, with the potential for a higher low if price revisits the trendline and FVG once more. The base case: price consolidates around the 98k–100k zone before targeting the major resistance at 111,666 USDT.
On the news front, investor sentiment is stabilizing after the Fed signaled rate hold. Additionally, BlackRock’s ETF has seen three consecutive days of net inflows — a strong tailwind for the bulls.
BTCUSDT – Holding Support, Bullish Signs EmergingBitcoin remains within a descending channel but continues to defend the strong support area around 101,296 USDT — a level that previously triggered a sharp rebound. On the H4 timeframe, price is consolidating sideways, forming an accumulation range. If this support holds, a bounce toward the 105,356 USDT zone is likely.
As of June 19, Binance holds 41% of global BTC trading market share, providing deep liquidity and tight spreads. This market condition favors a potential short-term recovery in BTC.
A breakout above the key resistance zone at 105,000–106,000 USDT could open the door for a broader upside continuation.
EURUSD – Rejected at Lower High, Bearish Bias BuildsEURUSD has printed a clear lower high near the 1.16100 resistance zone, failing to reclaim the previous swing high. Price is now retreating, approaching the dynamic trendline support intersecting with FVG zones around 1.14650. The structure suggests potential for a short-term bounce—but as long as price remains below the 1.15860–1.16100 resistance zone, the broader setup leans bearish.
On the macro side, the ECB’s dovish tilt—hinting at rate cuts due to subdued inflation—has weighed heavily on the euro. Meanwhile, the Fed maintains its hawkish stance, reinforcing dollar strength, especially amid renewed geopolitical tensions that are pushing USD further as a safe haven.
If the ascending trendline fails to hold, we may see an accelerated decline toward the 1.13800 area. Watch for a failed retest of 1.15860 as confirmation for short entries.
XAUUSD – Gold Wobbles, Breakdown Risk IntensifiesGold is currently testing the lower boundary of the ascending channel after pulling back from the 3,398 USD resistance zone. The recent breakdown from a triangle pattern signals growing bearish pressure.
If the price fails to reclaim the 3,397 USD area, a continued move down toward 3,307 USD becomes likely — a level that coincides with key technical support. The latest FOMC minutes reaffirmed a “hawkish” stance, boosting the USD and adding downside pressure on gold.
The bearish outlook will strengthen if gold fails to hold the current support zone.
GBPUSD – Breakout Confirmed, Downtrend Targeting 1.33170GBPUSD continues to display a clear bearish structure on the 4H timeframe after breaking below a key horizontal support and the pink trendline. The pair is now attempting a retest of the resistance zone near 1.34600, which aligns with the previous support-turned-resistance and a nearby supply area. If price gets rejected here with weak bullish momentum, a strong downward continuation is likely, with the next target around 1.33170 – a zone marked by a long-term diagonal support and previous swing lows.
On the news front, the British pound is under pressure after the Bank of England (BoE) disappointed markets by holding interest rates steady at 4.25%. Meanwhile, the Federal Reserve maintains its “hawkish” stance, boosting USD strength and increasing downward pressure on GBPUSD.
EURUSD – Weakening Trend, Risk of Deeper CorrectionThe EURUSD pair is gradually losing its bullish momentum after failing to hold above the 1.1510 level, forming a series of lower highs. The recent decline is dragging the price back toward the long-term ascending trendline. If buyers fail to defend the support area around 1.1380 — a confluence of the trendline and the most recent swing low — the previous uptrend structure could be invalidated.
On the news front, the euro is under pressure following cautious remarks from the ECB, while recent PMI and inflation data from the Eurozone suggest slowing economic growth. Meanwhile, the Federal Reserve in the US maintains a hawkish stance, reinforcing USD strength and applying double pressure on EURUSD.
Symmetrical Triangle pattern in Torrent Pharma Symmetrical Triangle Breakout Setup
Torrent Pharmaceuticals Ltd (TORNTPHARM)
Breakout Level: ₹3,300
Stop Loss: ₹3,150 (below triangle support)
Target: ₹4,000 (based on height of triangle)
Risk:Reward: ~2.8:1
✅ Technical Confirmation:
RSI near 52 — momentum shifting bullish above 55.
MACD positive crossover, rising histogram — trend strength improving.
Volume: Awaiting breakout candle with above-average volume for confirmation.
EFI (Elder Force Index) turning positive — signals potential surge in buying force.
📌 Strategy Insight:
A breakout above ₹3,300, backed by volume and momentum, could lead to a sharp trend continuation toward ₹4,000. The symmetrical triangle represents consolidation after trend — a potential bullish continuation pattern.
XAUUSD – Gold rebounds hard, a breakout rally may be brewing!After a perfect touch of the trendline at 3,367 USD, gold has sharply bounced back within a solid bullish structure. Notably, the latest low is significantly higher than previous pullbacks — a clear sign that buyers are still in control. The short-term target? None other than the 3,479 USD resistance — a key level that has rejected price twice before.
If this barrier is broken, gold could quickly surge toward 3,520 USD.
On the news front, expectations that the Fed may pause rate hikes due to weakening U.S. consumer data are cooling the dollar, giving gold room to rally. At the same time, simmering geopolitical tensions are fueling demand for safe-haven assets. With both technicals and sentiment aligning, this could be gold’s golden moment to catch the market off guard!
XAUUSD – Strong bullish momentum, but key resistance remainsGold on the H4 chart is maintaining a steady uptrend, consistently forming higher lows while respecting the ascending trendline and both key EMAs (EMA34 & EMA89). After a brief pullback, price is now approaching a major resistance zone around 3,441 USD — a level that previously rejected bullish attempts.
The market structure suggests two possible scenarios:
If price breaks above 3,441 USD with strong buying pressure, the uptrend will be confirmed and could extend toward higher levels.
Conversely, if rejected again, price may retreat toward the support zone at 3,347–3,356 USD for accumulation before resuming the upward move.
On the fundamental side, expectations of a Fed rate cut—driven by significantly weaker U.S. retail sales—are pressuring the USD, which in turn supports gold prices in the short term.
BDL | Long | Swing Setup | Wave AnalysisBDL is either in Wave C of abc
or Wave 3 of 1-5 as shown in chart
both cases suggest a bullish up-move towards target one in case of wave C and towards target 2 in case of wave 3.
SL would be 1090- 1130 zone. If looks weak in this zone we will exit.
Increasing volume suggests a good momentum long setup.
Just my 0.02$
BTCUSDT – Selling Pressure is IncreasingThe price is retesting a strong resistance zone around 110,464 USDT, where heavy selling pressure previously emerged.
The likely scenario is that the price forms a Lower High pattern and then breaks the uptrend line → confirming a bearish trend.
Potential support area: 101,236 USDT, where price previously reacted.
Strategy:
Priority is to wait for sell opportunities around the 110,000–110,500 zone if a clear reversal signal appears.
Target at 101,200 USDT. Stop-loss placed above the resistance zone at 111,700 USDT.
News Supporting the Bearish Outlook:
The SEC has delayed approval of the spot Ethereum ETF, triggering negative sentiment in the crypto market.
Capital is flowing out of the market due to expectations that the Fed will maintain high interest rates for a longer period.
XAUUSD – Bullish Signal Taking ShapeGold begins the week on a positive note, supported by:
U.S. inflation coming in lower than expected, raising expectations that the Fed will cut interest rates in the coming months.
Tensions between Israel and Iran, which are driving safe-haven flows into gold.
On the H4 chart, the price is pulling back toward the $3,397 support zone, which aligns with both the EMA and a previous accumulation area. The current structure suggests a potential W-shaped reversal pattern, which could propel gold toward the $3,501 resistance level.
Main strategy: Look for buy setups around $3,397 upon bullish confirmation.
Target: $3,500
Stop loss: Below $3,380
Gold remains in an uptrend. The $3,397 zone is the key level that could trigger the next upward move.
TVSSCS - Triangle into a flag!The following points are of note:
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1. A symmetrical triangle formed as a near-term bottom for the stock
2. After breaking out of the triangle, price is consolidating in a rectangular range
3. A pole and flag formation, when broken out can give targets of 143, 147, with SL of 123
Disclaimer:
This is NOT a trading recommendation, only my observation. Please do your own analysis before entering any trade.
Accumulate and then hit 3500 soonPlan XAU next week: 16 June - 20 June 2025
Related Information:
Recently, US President Trump told Axios that Israel’s attack could help him reach an agreement with Iran. He urged Iran to make a deal, adding, 'There has already been great death and destruction, but there is still time to bring this slaughter to an end, with the next planned attacks expected to be even more brutal.'
The University of Michigan (UoM) Consumer Sentiment report for June showed that households are becoming more optimistic about the economy. The Sentiment Index increased from 52.2 to 60.5, while inflation expectations declined for both the one-year and five-year outlooks—from 6.6% to 5.1%, and from 4.2% to 4.1%, respectively.
personal opinion:
Gold prices will tend to accumulate at the beginning of the week around 3400, news of Middle East tensions will push gold prices back to 3500 by the middle of next week.
Important price zone to consider :
sell point: 3500, 3536
buy point: 3410, 3376
Sustainable trading to beat the market
Apollo Micro-Do not miss this Volume breakout!Apollo Microsystems has given a breakout of consolidation with a strong weekly closing, almost forming a bullish marubozu candle
Stock will look good only when it retest level of 110 and bounces.
Levels mentioned on chart. I will not buy at CMP.
Stock has potential to fly at least towards 200 according to fib extension.
It is too good of breakout to miss. I have hardly seen such a bullish weekly candle recently when Nifty has been slight bearish.
XAUUSD – Uptrend, waiting for pullback to enterGold is moving within an ascending channel on the 3-hour timeframe. After touching the resistance zone at 3,445–3,460, XAUUSD shows signs of consolidation and is likely to correct down to the support zone at 3,390–3,400 — aligning with the trendline and EMA34.
Strategy:
Watch for buying opportunities around the 3,390–3,400 zone when there are confirmation signals.
Target: 3,445–3,460, and potentially up to the 3,480–3,500 zone.
Stop loss if price falls below EMA89 (3,352).
Supporting news:
U.S. CPI data for May came in lower than expected (0.0% vs 0.1%) → Raises expectations of an earlier Fed rate cut → Supports the gold uptrend.
Shipping Corporation of India - Value Buying and Bullish trendShipping Corporation of India had retraced almost 61.8 % from highs near the lows, after a period of accumulation where there were continous responsive buyers at lows. The price started moving up.
Volumes : Volumes can be confirmed with the circles plotted on chart.
Retest : The retest of price happened highlighted by the rectangle.
Initiative Buyer : we can see big volumes coming after the retest happened and price started moving above POC - Point of control of current range. This suggest a strong support zone below even if the price retraces a bit eventual trend is up.
From the previous point of controls and value area highs we can set targets for upcoming upmoves :
Targets :
1)210
2)235
3)290
4)350
There should be strong support around Point of control and value area low of current range, in case of SL hunting of weak hands.
Still shows a relatively low risk opportunity with potential for high reward.
PS : Post is educational in nature and doesn't constitute any financial or buy sell advice. Do your own research. The publication is made with the intention to explain the concepts of RSI Hybrid Profile.
Indicator
BTCUSDT – Rebound from 104,200, recovery opportunity emergingBTCUSDT has bounced back from the 104,200 support zone with a potential double bottom pattern, signaling the return of buying pressure. The price is consolidating around the 106,000–107,000 area. If this zone holds, the probability of retesting the previous high at 110,500 is high.
The EMA34 and EMA89 are narrowing – a sign of weakening selling pressure.
Supporting news:
The Fed kept interest rates unchanged, U.S. CPI slightly declined, and capital inflows from ETFs like BlackRock are returning to the market, creating momentum for recovery.
GBP/USD: Continuation or Correction?GBP/USD is in an uptrend, with support at 1.34760 and resistance at 1.36190. EMA (34) at 1.35277 and EMA (89) at 1.34379 are supporting the uptrend.
UK inflation data dropping has strengthened GBP, while USD remains volatile due to expectations of Fed rate hikes. If GBP/USD stays above 1.34760, the uptrend will likely continue.
However, if the price breaks below this level, a deeper correction may occur. The strategy is to buy on a pullback to 1.34760 and sell if support is broken. Manage risk by placing stop-loss orders around key support levels.






















