EUR_USD SHORT FROM RESISTANCE|
✅EUR_USD will be retesting a resistance level soon at 1.0824
From where I am expecting a bearish reaction
With the price going down but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
SHORT🔥
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Signals
TAO - Extremely Bullishone of the few coins which are about to go in sub-wave 3 of macro-wave 3
haven't bought this one yet but might rotate a few weak positions to this if the structure holds
no idea what's going to happen to AI tokens (haven't looked into things yet, no time on hand) - sharing this purely based on TA
AUDUSD - Bullish Continuation Toward 0.63160OANDA:AUDUSD has broken above a key resistance zone, which has now flipped to support, aligning with a potential bullish continuation. The recent retest of this level held successfully, indicating strong buyer interest and reinforcing the bullish outlook.
With momentum favoring the upside, the price could move upward toward the 0.63160 level, which represents a logical target within the current market structure. As long as the price remains above the support level, the bullish bias stays intact.
If you agree with this analysis or have additional insights, feel free to share your thoughts here!
EURAUD Trending Higher – Bullish Continuation Toward 1.70800OANDA:EURAUD is currently trading within an ascending channel, maintaining a bullish structure. The price has broken above a key resistance zone and is now pulling back for a potential retest. This level previously acted as resistance and may now turn into support, aligning with a bullish continuation.
If buyers confirm support at this zone, the price is likely to move upward toward the 1.70800 target. However, a failure to hold this level could indicate a potential shift in momentum.
Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong wicks rejecting the support zone, or increased buying volume, before considering long positions.
Let me know your thoughts or any additional insights you might have! 🚀
EURCHF at Key Resistance Zone - Potential Drop to 0.95000OANDA:EURCHF has reached a significant resistance zone, marked by prior price rejections, suggesting strong selling interest. This area has previously acted as a key supply zone, increasing the likelihood of a bearish reversal if sellers regain control.
If the price confirms resistance within this zone through bearish price action (e.g., wicks or rejection candles), we could see a move toward 0.95000, which represents a logical target based on recent structure.
However, if the price breaks and holds above this resistance area, the bearish outlook may be invalidated, potentially opening the door for further upside.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Best of luck!
Gold Holds Support – Is a Break Above $2,925 Coming?Yesterday, Gold pulled back from the 2,925 resistance zone, but the bulls regained control at support, leading to price consolidation.
As mentioned in my previous analysis, as long as Gold holds above support, the likelihood of a renewed bullish move remains high.
Currently, with the price hovering just below resistance, a breakout could be imminent.
Additionally, as shown in the posted chart, an inverted head and shoulders pattern is forming.
A confirmed breakout above 2,925 would validate this pattern, potentially driving Gold to a new all-time high.
The measured target for this pattern is 3,030, indicating further upside potential beyond the 3,000 level.
Keep in mind the old ATH as resistance and 3k psychological level
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
AUDCAD — Sell Setup at Key Resistance LevelOANDA:AUDCAD has reached a key resistance zone, highlighted by strong selling interest. This area has historically acted as a supply zone, increasing the likelihood of a bearish reversal if sellers step in.
The current price action suggests that if the pair confirms resistance through signals like bearish engulfing candles, long upper wicks, or increased selling volume, we could see a downward move toward 0.90250 — a logical target based on previous price behavior and market structure.
However, if the price breaks above this zone and sustains, the bearish outlook may be invalidated, opening the door for further upside.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Best of luck!
USD/JPY SHORTSorry for the late one but this was a good trade and if you guys got involved that's a amamzing return.
Keep upto date by following my trades and stay tunes for more signals
This analysis is based on the provided image and should not be considered financial advice. Trading involves risks, and it is essential to conduct your own research and consult with a financial advisor before making any trading decisions.
Trading minute impulseOn the minute timeframe of GBPJPY at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to advance in the direction of the momentum and overcomes the support zone at the base of the momentum, it is very likely that the price will move sideways or against the direction of the momentum. @fxopen
EURUSD Bullish Surge: Targeting 1.1000 with 200+ Pips GainEURUSD is currently trading at 1.0700, moving exactly as predicted and showing strong bullish momentum toward the 1.1000 target. The pair has gained significant traction, with price action aligning with technical expectations for a 200+ pip rally. If this momentum continues, EURUSD could push higher, testing key resistance levels before reaching its final target.
From a technical standpoint, the bullish structure remains intact, supported by strong price action and increased buying pressure. A break above minor resistance levels near 1.0800 could accelerate the move toward 1.1000. Traders should monitor volume and price action confirmations to ensure sustained bullish momentum, while also keeping an eye on potential retracements for re-entry opportunities.
Fundamentally, the euro’s strength is driven by market expectations surrounding the European Central Bank’s (ECB) monetary policy, as well as potential weakness in the US dollar. If the Federal Reserve signals a dovish stance or weaker economic data emerges from the US, the dollar could see further declines, supporting EURUSD’s bullish move. Additionally, any positive Eurozone economic data could further fuel the rally.
In summary, EURUSD is following its projected bullish path, with 1.1000 as the next key target. Traders should watch for continued bullish confirmations while staying cautious of economic events that could impact the pair’s momentum. With technical and fundamental factors aligning, the pair remains well-positioned for further upside.
Why GBPJPY is Bullish? Detailed Technicals and fundamentalsGBPJPY has successfully broken out of a falling wedge pattern, signaling a strong bullish momentum ahead. The breakout confirms a potential trend reversal, with buyers stepping in to push the price higher. Currently trading around 191.500, the pair is expected to gain over 500 pips, targeting the 198.500 level. A falling wedge breakout is typically a bullish continuation signal, and with increasing buying pressure, GBPJPY could see a steady upward move in the coming sessions.
From a technical standpoint, this breakout suggests that the pair has overcome a period of consolidation and is now positioned for an extended rally. Key resistance levels ahead will be 193.000 and 195.000 before reaching the 198.500 target. A strong bullish candlestick confirmation above these levels will add more confidence to this setup. Traders should also watch for retests of the breakout zone, as they often provide good entry opportunities before further upside movement.
On the fundamental side, GBPJPY is influenced by Bank of Japan’s (BoJ) ultra-loose monetary policy and the UK’s economic outlook. If the BoJ continues to maintain its dovish stance, the Japanese yen may weaken further, providing additional fuel for GBPJPY's bullish run. Additionally, any positive economic data from the UK, such as strong GDP growth or inflation control, could support further gains. Given the technical breakout and fundamental factors, GBPJPY looks well-positioned for a strong rally toward 198.500 in the near term.
BROADCOM Is this the buy opportunity of the year?Broadcom Inc. (AVGO) has been trading within a multi-year Channel Up since the October 2022 market bottom and broke last week below its 4H MA200 (orange trend-line). In the past +2 years, every time the 4H MA200 broke, the stock was on its most optimal buy opportunity, as long as the 1W MA50 (red trend-line) held.
In fact, it has been holding since the December 09 2022 break-out so as long as it doesn't break now, AVGO is a low risk - high reward buy opportunity. Actually both in 1W RSI terms as pure price action, the current Low resembles the September 06 2024 one, which started the most recent Bullish Leg.
That sequence initially hit its previous Resistance (previous Higher High) before entering a Re-accumulation phase halfway before the Channel Up top. As a result, we expect to see AVGO hitting at least $250 before the next pull-back that quite possible may target $330.
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EUR/USD : Get Ready for a Huge Sell Position! (READ CAPTION)By analyzing the EUR/USD chart on the three-day timeframe, we can see that the price has started to rise following the sharp decline in the U.S. Dollar Index (DXY). Currently, it is attempting to fill the identified Fair Value Gap (FVG).
The key supply zone is located between 1.08300 and 1.09380. Traders can look for a suitable sell trigger within this range for potential short positions.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
S&P500 1D MA200 hit after 16 months!The S&P500 index (SPX) has been trading within a multi-year Channel Up since the October 12 2022 market bottom and hit yesterday its 1D MA200 (orange trend-line) for the first time in 16 months (since November 01 2023).
This is naturally an excellent technical buy entry for the long-term on this structure but is also a Higher Low for the Channel Up. At the same time, the 1D RSI has almost reached its oversold barrier (30.00), which during those 2.5 years has offered the 5 most optimal buy signals.
Given that each rally after such Higher Low has been -4% weaker than the previous, we can expect the one that is about to begin to be +20% (-4% less than the previous one of +24%). As a result, our new long-term Target is 6900.
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EURUSD Channel Up testing 1D MA200 after 4 months!The EURUSD pair has been trading within a Channel Up since the January 13 Low and after the 1D MA50 (blue trend-line) bounce, the current Bullish Leg is testing the 1D MA200 (orange trend-line).
This is the first 1D MA200 test since November 06 2024 and happens to be at the top of the Channel Up with the 1D RSI almost overbought (70.00). These conditions create a low risk opportunity for a short-term Sell. Our Target is the bottom of the Channel Up and the 1D MA50 at 1.04500.
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US500 Will Move Lower! Sell!
Please, check our technical outlook for US500.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 5,819.9.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 5,578.2 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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ETHUSD Is Bullish! Long!
Here is our detailed technical review for ETHUSD.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 2,237.6.
The above observations make me that the market will inevitably achieve 2,552.5 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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GBPUSD Is Very Bearish! Short!
Take a look at our analysis for GBPUSD.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 1.283.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.276 level soon.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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EURJPY Is Going Up! Buy!
Please, check our technical outlook for EURJPY.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 160.068.
Considering the today's price action, probabilities will be high to see a movement to 163.150.
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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BITCOIN Like a well tuned Swiss clock...Bitcoin (BTCUSD) has had a red February with a correction that touched its 1D MA200 and almost hit the 1W MA50 (blue trend-line), spurring massive liquidations and ETF outflows. On the wider picture though and the long-term technical trend of this Cycle, this looks nothing more than a normal technical pull-back at the start of the last year of the Bull Cycle.
More specifically, since the start of the current Bull Cycle following the November 2022 market bottom, BTC has been replicating to almost perfection the 2015 - 2017 Bull Cycle. As this chart on the 1W time-frame shows, every medium-term top and bottom since July 2023, matches harmonically the tops and bottoms since July 2015.
In addition, the 1W RSI is now on its 2nd bottom of the 'Buy the dip Volatility Phase', which started after the Higher Lows trend-line that was initiated on the market bottom, peaked and turned sideways. In 2016 - 2017, that was the ultimate guide to buy low through Bitcoin's last year of Bull Cycle all the way to the Top.
Based on this analogy, BTC should now form a Channel Up that might form the next Higher High in June, pull-back in July, then new Higher High in August, pull-back in September and final push for a Cycle Top around November. Based on this pattern, this may very well be around $200k but again, a 1W RSI top sell signal is more fitting.
But do you think the market will continue replicating the 2015 - 2017 Bull Cycle all the way to the top? And if yes, is a $200k peak plausible? Feel free to let us know in the comments section below!
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Lingrid | GOLD climbs Above 2900 Mark. Potential LongOANDA:XAUUSD market has broken above the key level of 2900 and is heading toward higher highs. Looking back, we can see that it previously consolidated around this level, suggesting that the price may move sideways in this zone, forming a range. It appears that the price is positioned to retest the area above the double top and potentially previous month high. I think the price may revisit the resistance zone of 2940-2950. I expect it to break through the upper boundary of the channel and retest the middle of the consolidation zone. My goal is resistance zone around 2942
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
XAUUSD 4HR Analysis | What's Next For Gold ? The gold market is currently trading within a long-term ascending bullish channel, respecting dynamic trend lines that act as both support and resistance. This market structure shows a clear pattern of higher highs and higher lows, indicating that the overall trend remains bullish.
Key Observations:
Market Structure & Trend Analysis:
- The price has been following a well-defined bullish trend while respecting key trendlines.
- An inner bearish channel has emerged, contributing to short-term pullbacks, but the overall trend remains intact as price continues bouncing off support levels.
- The all-time high (ATH) resistance area has acted as a strong supply zone, where sellers have stepped in multiple times.
Volume & Corrections:
- The chart highlights multiple volume-based corrections, where price pullbacks have occurred with increased selling pressure.
- These corrections align with dynamic support and resistance levels, reinforcing key pivot zones.
- After a significant drop into the key support/value area, buyers stepped in aggressively, leading to the latest bullish rebound.
EMA & Pivot Support Levels:
- The exponential moving average (EMA) trend support has played a crucial role in maintaining the bullish structure, acting as a dynamic area of interest.
- Pivot points are marked, showing where price has reacted at key levels, further validating the importance of these zones.
Quarters & Fibonacci Levels:
- The quarters theory percentages (25%, 50%, 75%, and 100%) are plotted, showing price reactions at these psychological levels.
- The 50% retracement level was a significant bounce area, aligning with previous demand and forming a potential higher low.
- If price sustains above this mid-level, the next targets would be the ATH resistance at 75% and potentially the 100% extension into the target zone above $3,000.
Potential Scenarios:
1. Bullish Continuation: If price holds above the key support zone and successfully reclaims the ATH resistance, we could see a breakout targeting new highs around the $3,000+ target zone.
2. Rejection & Consolidation: If price struggles at the ATH resistance, a pullback to retest the 50% retracement level or lower support zones is possible before another leg up.
3. Bearish Breakdown: If price loses its key support levels, a deeper correction could unfold, pushing price back into the lower range of the channel.
Final Outlook:
The market remains structurally bullish, with volume-based corrections providing healthy pullbacks. As long as price respects the key EMA support, Fibonacci levels, and quarters theory zones, the probability of reaching new highs remains strong. However, resistance around the ATH zone must be closely monitored for signs of either a breakout or another rejection.
What is your thoughts ? Let me know in the comments!
FOREXCOM:XAUUSD VANTAGE:XAUUSD
EURAUD Bullish Continuation - Will Buyers Push Toward 1.70220?OANDA:EURAUD is currently trading within an ascending channel, maintaining a strong bullish structure. The price has broken above a key resistance zone and may now pull back for a retest. This area previously acted as resistance and may now serve as support, aligning with a potential bullish continuation.
If buyers confirm support at this level, the price is likely to move upward toward 1.70220, which aligns with the upper boundary of the channel. Conversely, a failure to hold support could signal a potential bearish shift.
Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong wicks rejecting the support zone, or increased buying volume, before considering long positions.
Let me know your thoughts or any additional insights you might have! 🚀📈