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EURAUD at Key Resistance: Bearish Bounce ExpectedOANDA:EURAUD is trading near a significant resistance zone, characterized by historical price rejections and strong selling pressure. The current market structure indicates the potential for a reversal if sellers regain control at this level. This resistance zone aligns with a key supply area, suggesting that bearish pressure may emerge. If price confirms rejection with bearish candlestick patterns or signs of exhaustion, I anticipate a move downward toward the 1.66105 level.
Short
by DanieIM
USDCAD at Key Resistance: Bearish Bounce ExpectedOANDA:USDCAD is approaching a significant resistance zone, marked by historical price rejections and strong seller activity in the past. The current market structure indicates the potential for a reversal in this area if price action confirms seller strength. If the price confirms rejection from this resistance zone, I anticipate a move downward toward the 1.43925 level, which represents a logical target within the current market structure What are your thoughts on this analysis? Feel free to share any additional insights or alternative perspectives in the comments!
Short
by DanieIM
1
USDCAD - Potential Short from Key Resistance ZoneThe USDCAD pair is testing a significant supply zone, a level that has consistently acted as resistance in the past. The strong upward momentum approaching this area may lead to a reversal as sellers look to regain control. A bearish confirmation, such as rejection candles (e.g., shooting stars), bearish engulfing patterns, or long upper wicks, would strengthen the case for a short position. If this setup plays out, the price could head toward the 1.43928 level. Traders should monitor price action closely for signs of selling pressure before entering short positions.
Short
by TrendDiva
1
AUDNZD Testing Resistance – Pullback Toward 1.1069 ExpectedAUDNZD is at a significant supply zone, marked by historical price rejections and strong selling pressure in the past. This zone has previously acted as a turning point, where sellers regained control and drove prices lower. The recent bullish rally has brought the price into this critical resistance area. Given the strength of this supply zone, there is a high probability of a bearish reversal if price action confirms rejection (e.g., bearish engulfing candles or upper wicks signaling selling pressure). I anticipate a bearish move toward the 1.1069 level, which represents a logical target for this setup. This setup aligns with the expectation of a potential correction within the broader market context.
Short
by DanieIM
1
GOLD - Potential Bullish Break & Retest SetupGold is currently trading above the $2,700 level, which previously acted as resistance and could now serve as support. If the price pulls back and buyers defend this level, it could confirm bullish momentum, leading to a continuation toward the next target at $2,712. However, failure to hold above the zone may invalidate this setup and signal potential bearish pressure. This scenario aligns with the broader ascending channel structure, suggesting the potential for further upside if key support holds.
FX:XAUUSDLong
by TrendDiva
1
CADCHF – Potential Short Opportunity on RetestCADCHF has broken below a key support zone, indicating a shift in momentum to the downside. This zone previously acted as support and may now turn into resistance, aligning with the break-and-retest strategy. A bearish confirmation, such as rejection candles, a bearish engulfing pattern, or slowing bullish momentum, would strengthen the case for continued downside. Should this scenario play out, the next target for sellers would be around the 0.63387 level. Traders should remain patient and wait for the price to revisit the resistance zone and provide clear rejection signals before considering short positions.
Short
by TrendDiva
3
APPLE - Bullish Setup at Channel SupportApple stock has recently rejected a significant support zone, which aligns with the lower boundary of the ascending channel. This rejection was accompanied by a strong bullish candlestick, signaling renewed buying momentum. The price is now positioned for a potential move toward the $250.00 level. This setup suggests further bullish continuation as long as the support zone holds. Traders may look for additional signs of buying strength as the price approaches higher levels.
NASDAQ:AAPLLong
by TrendDiva
1
SOLUSDT - Potential Buy Key Support LevelThe SOLUSDT pair is currently trading near a key demand zone, which has been a strong support area in the past. This level aligns with prior price reactions, suggesting a potential area where buyers may step in to drive the price higher. The current market structure shows consolidation around this demand zone, hinting at a possible reversal if the price confirms support. A bullish bounce from this zone could lead to a move toward the $207.87 level, which aligns with a key resistance area and a potential target for this setup. Traders should look for confirmation of a reversal, such as bullish candlestick patterns (e.g., engulfing candles or pin bars) or a break of short-term resistance to confirm the upward move. Let me know your thoughts or if you see this differently! Feel free to share your insights in the comments.
Long
by DanieIM
DJI - Testing Key Demand Zone – Potential Buy OpportunityThe DJI is currently trading near a key demand zone. This area aligns with previous price reactions, suggesting that buyers may step in to defend this level. The market structure indicates a potential for a bullish reversal if the demand zone holds and price action confirms support. A successful bounce from this level could lead to a move toward the 42,812.75 level, which represents a logical target for this setup. Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, long lower wicks, or a breakout above short-term resistance. This setup aligns with the idea of a trend continuation from support and offers a potential opportunity for a long position. What are your thoughts on this analysis? Let me know if you agree with this setup or have alternative insights to share! Feel free to comment below!
TVC:DJILong
by DanieIM
GOLD: Short Setup from Key ResistanceThe XAUUSD pair is testing a key resistance zone, where selling pressure may emerge. The current structure suggests a potential short-term pullback as price consolidates at this level. If the price confirms rejection from this resistance zone, I anticipate a move downward toward the $2,680.96 level, which aligns with prior price reactions and serves as a logical short-term target. This setup aligns with the idea of a minor correction from resistance, offering a potential opportunity for a short-term trade.
OANDA:XAUUSDShort
by DanieIM
GOLD - Potential Pullback to Retest SupportGold is trading near a key resistance zone within an ascending channel, suggesting a potential pullback. If price rejects the resistance zone, this could present an opportunity for sellers to re-enter the market. The immediate target for sellers lies at $2,677.99, a key support zone where buyers might re-enter. A decisive break below this level could pave the way for further downside, with the broader ascending channel potentially invalidated. This setup reflects a clear shorting opportunity if the price fails to sustain above resistance. Traders should wait for bearish confirmations before considering short positions.
FX:XAUUSDShort
by TrendDiva
GOLD – Potential Bullish ContinuationGOLD has recently broken above a key resistance level, signaling sustained bullish momentum within the broader ascending channel structure. This breakout aligns with the ongoing upward trend, reflecting the market's current bullish sentiment. If the price revisits the $2,678.17 level for a retest and displays strong bullish confirmation—such as a rejection pattern, bullish engulfing candles, or consistent buying pressure—it would strengthen the case for further upside potential. Should this scenario unfold, the next target for buyers is the $2,691.72, a level that has previously attracted significant selling interest. This setup reflects the broader bullish structure, offering potential opportunities for continuation trades. However, a failure to hold the retest level or a breakdown of the ascending trendline could challenge this outlook. Traders are encouraged to monitor price action closely at the retest zone for clear signs of bullish momentum before committing to long positions.
FX:XAUUSDLong
by TrendDiva
1
GBPJPY: Bullish Setup at Support LevelThe GBPJPY pair is approaching a significant support zone which has historically acted as a strong demand area. The overall context implies that buyers may take control at this level, leading to an upward move. I anticipate that if the price shows a clear rejection from the demand zone, the market may head higher toward the 193.266 level. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
Long
by DanieIM
EURCAD: Bearish Continuation from Supply ZoneThe EURCAD pair is trading within a descending channel, indicating a bearish market structure. The price is currently approaching a key supply zone, which aligns with the channel's upper boundary. If the price confirms rejection at the supply zone, I anticipate a bearish move targeting the 1.46527 level, which represents a logical target for this setup. This setup suggests a continuation of the bearish trend. Traders should watch for confirmation signals, such as bearish candlestick patterns or rejections around the supply zone, before considering short positions.
Short
by DanieIM
1
NZDCHF: Bearish Continuation Setup from Resistance ZoneThe NZDCHF pair is trading within a well-defined descending channel, reflecting a bearish market structure. The price is approaching a key resistance zone which aligns with the channel's upper boundary. If the price confirms rejection at this supply zone, I anticipate a bearish move targeting the 0.50441 level, which represents a logical target for this setup. This setup suggests a continuation of the bearish trend within the current channel. Traders should watch for confirmation, such as bearish engulfing candles or long upper wicks, before considering short positions.
Short
by DanieIM
1
GOLD - Short Setup from Resistance ZoneThe XAUUSD pair has recently broken out of the bullish channel, signaling a shift in momentum toward bearish conditions. After this breakdown, the price is currently retesting the resistance zone. This retest is a critical point for the pair, as rejection from this resistance could confirm the bearish outlook. Traders should look for bearish confirmation signals such as rejection candles, bearish engulfing patterns, or a series of lower highs to validate further downside potential. If the resistance holds, the next significant target for sellers is the $2,650.43 support level, which could act as a key demand zone. A break below this level would open the door to further declines, potentially extending the bearish trend. This setup suggests a high-risk zone for buyers and presents an opportunity for short positions if bearish confirmations are observed. Careful monitoring of price action around the retest is essential for planning entries and exits. What are your thoughts on this bearish scenario?
FX:XAUUSDShort
by TrendDiva
4
GBPCHF: Bearish Continuation Setup from Resistance ZoneThe GBPCHF pair is trading within a well-defined descending channel, indicating a bearish market structure. The price has recently retraced into a key resistance zone, which aligns with the channel's upper boundary. This area has previously acted as a strong resistance zone, rejecting bullish attempts. If the price confirms rejection at this supply zone, I anticipate a bearish move targeting the lower boundary of the channel around the 1.10677 level, which aligns with a key support zone on the daily time frame. This area may attract buyers, potentially leading to a reversal or temporary consolidation. This setup suggests a continuation of the bearish trend within the current channel if the rejection occurs. Traders should watch for confirmation, such as bearish candlestick patterns or a break of intraday support levels, before considering short positions. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
Short
by DanieIM
NAS100 - Potential Buy at Key Demand ZoneThe NAS100 is approaching a key demand zone, which has historically acted as a strong support area. This level is marked by prior price reactions, suggesting that buyers may step in again if the price retraces to this zone. The current market structure indicates a bearish trend, but there is potential for a bullish reversal if the price finds support within this demand zone. I anticipate that if the price confirms a rejection from this zone with bullish signals, such as long wicks or bullish engulfing candles, the market may move upward. The first target for this potential bullish move would be around the $20,924 level. This setup aligns with the idea of trend exhaustion near support, providing an opportunity for a short-term rally. Let me know your thoughts or if you have additional insights into this setup! Feel free to share your perspective in the comments!
FUSIONMARKETS:NAS100Long
by DanieIM
NZDJPY: Bullish Setup from Key Demand ZoneThe NZDJPY pair is approaching a significant demand zone, marked by prior price reactions. This area has previously acted as a strong support level, where buyers regained control. The current market structure indicates the potential for a bullish continuation from this zone. If the price confirms a rejection through bullish price action, such as a strong bullish engulfing candle or long wicks rejecting the support, I anticipate a move toward the 88.450 level. This is a logical target for this setup aligned with the short-term bullish momentum and price recovery from the demand zone. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
Long
by DanieIM
EURJPY – Potential Buy Opportunity at Support LevelThe EURJPY pair is trading near a key demand zone which has acted as strong support during previous price actions. This area has historically attracted buyers, making it a significant zone for potential bullish reversals. The recent bearish momentum has brought the price into this demand zone. If bullish confirmation appears, such as candlestick reversal patterns (e.g., bullish engulfing or long lower wicks), the price could see a recovery. A potential target for this bounce would be the 161.654 level, which represents a logical target for this setup. Do you see this playing out, or would you approach it differently? Share your thoughts and analysis in the comments below!
Long
by DanieIM
XPTUSD - Testing Key Resistance Level – Potential SellThe XPTUSD pair is currently approaching a key resistance level, a level that has historically acted as a strong supply area. The recent bullish momentum appears to be slowing as the price approaches this resistance. If a rejection occurs, indicated by bearish candlestick patterns (such as a bearish engulfing or long upper wicks), the price could reverse toward the $956.212 level. This setup aligns with the idea of trend exhaustion near resistance, creating a potential short opportunity for traders looking to capitalize on a retracement. Let me know your thoughts on this analysis! Do you see a different outcome, or would you adjust the target? Share your insights in the comments below!
OANDA:XPTUSDShort
by DanieIM
GBPCHF - Bullish Setup at Key Support ZoneThe GBPCHF pair is currently testing a key demand zone, where previous price reactions suggest potential for a bullish reversal. This area has historically been a support level, indicating that buyers could regain momentum at this juncture. A confirmation of bullish sentiment, such as the emergence of a bullish candlestick pattern or a strong rejection wick, would reinforce the likelihood of a rebound. Should this scenario unfold, the price could target the 1.12417 level. What are your thoughts on this outlook?
Long
by TrendDiva