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Keylevels

BTCUSDT is testing the key level!Bitcoin reached The supply zone as I mentioned in my previous idea. Clear breakout with volume from the Channel and it creates a new HH and HL. 17400$ is the key level, you can see on the left the consolidation before the bearish impulse where the market creates the new low. The market printed an Engulfing on the 4h timeframe after a shooting star candle. These candles are reverse candles, for that reason, we could see a reverse movement. Of course, two candles are not enough to open a new short position, we are waiting for a breakout of the 17k local demand zone in order to apply our strategies. the scenario is going to invalidate if the market prints a daily candle above 17610 structures
by InkyGrip
6
EUR-USD Local Support And Resistance Analysis! Hello,Traders! EUR-USD is trading in an uptrend So our basic underlying bias is bullish However, looking at the 1D TF we can see That the horizontal resistance that we are seeing On the chart above is a weekly resistance level Which means that the soon breakout is Somewhat unlikely therefore We will be expecting a bearish correction In the mid-term so these are the closest Horizontal support levels to look at: Horizontal Support 1= 1.06(weak) Horizontal Support 2= 1.045 Horizontal Support 3= 1.025 Like, comment and subscribe to boost your trading! See other ideas below too!
Short
by TopTradingSignals
6
GOLD Key Levels! Analysis! Hello,Traders! GOLD has made a pullback From the horizontal resistance level Just as I predicted in my previous analysis Now, the price is in the lymbo Between the resistance at1810 And the nearest support level at1720 So we will be able to tell the Potential direction of the next move After the retest of the one of these levels IF the current support breaks then The next support level will be at 1620 So let's wait and see! Like, comment and subscribe to boost your trading! See other ideas below too!
OANDA:XAUUSDShort
by TopTradingSignals
8
FREE - EURUSD - Key Levels Mapped Out In this post we have mapped out all of the major key levels to watch over the coming weeks for EURUSD. They comprise of Monthly, Yearly & Structural Major Key Levels essential for price action in EURUSD charts. For any new followers, you are able to use these key levels to guide your trading decisions and watch for how price reacts to them in order to place trades. Monthly Key Levels: Monthly key levels are important because they represent longer-term support and resistance levels. These levels are significant because they can provide traders with a better indication of where the market is likely to move next, and may be used as an entry or exit point for a trade. Long-term support and resistance levels can also be used to identify possible reversal areas and to set profit targets. Structural Key Levels: Structural key levels are important because they help traders identify potential areas of support and resistance. These areas are important because they provide insight into the underlying strength of a trend and can be used to identify potential entry and exit points. By analyzing these levels, traders can better determine when to enter or exit positions in order to maximize profits. Additionally, these levels can also be used to indicate when a trend is reversing, allowing traders to position themselves accordingly. Summary These are all important levels to be aware of when trading EURUSD. Being aware of these levels will help you to identify potential entry and exit points for your trades, as well as identify potential support and resistance levels. Additionally, it is important to remember that these are just a few of the key levels to watch out for, as there are many other levels that will be important to be aware of. Knowing these levels will help you to make informed trading decisions, and ultimately increase your chances of success in the market. I encourage you to like, follow, and share to stay up-to-date with the latest news and information on this chart throughout the week.
by JoelWarby
2
✅GOLD TECHNICAL ANALYSIS|LONG🚀 ✅GOLD is paining an interesting technical picture But first thing first, the downtrend is over Both the falling and horizontal resistance areas Were decisively broken. However, the price Went up by almost 8.5% in less than a week Without any pullbacks so a correction is inevitable. The price will gpo down into the supply ara below And from there it can start growing again With the next resistance being the 1800 level LONG🚀 ✅Like and subscribe to never miss a new idea!✅
OANDA:XAUUSDLong
by ProSignalsFx
12