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USDZAR Bearish Setup: Break and RetestThe USDZAR pair has broken below the channel, signaling a shift in market sentiment toward bearish momentum. The price is currently retesting the trendline, which now serves as a potential resistance area. If the price confirms rejection at the retest of the trendline, I anticipate a bearish move targeting the 18.66384 level, which represents a logical target for this setup. This setup highlights the potential for a trendline break-and-retest continuation to the downside. Traders should look for bearish confirmation signals, such as bearish engulfing candles or rejection wicks, before considering short positions.
Short
by DanieIM
1
USOIL Bearish Setup: Reversal from Supply ZoneUSOIL 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, driving prices lower. The recent bullish rally has pushed the price into this critical resistance area. However, given the strength of this supply zone and the overextended bullish move, there is a high probability of a bearish reversal if price action confirms rejection (e.g., bearish engulfing candles or long upper wicks signaling selling pressure). I anticipate a bearish move toward the 75.50 level, which represents a logical target for this setup.This setup aligns with the expectation of a potential correction within the broader market context. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
TVC:USOILShort
by DanieIM
MSFT – Potential Buy Opportunity at Support LevelThe MSFT stock price is approaching a key demand zone, which has served as strong support in the past. This zone has witnessed significant buyer interest during previous tests, making it a critical area to watch for a potential reversal. The current downtrend could find support in this demand zone, leading to a bullish bounce. If the price shows clear reversal signals, such as long lower wicks or bullish engulfing candles, buyers could push the price higher. The first potential target for this move would be around the $433.25 level. What do you think about this analysis? Feel free to share your insights or alternative perspectives in the comments!
NASDAQ:MSFTLong
by DanieIM
NOKJPY - Buy Setup from Key SupportFOREXCOM:NOKJPY is currently at a significant demand zone that has historically attracted buyers, triggering bullish reversals. This support level has been pivotal in past price actions, forming a solid base for potential upward momentum. The appearance of a strong bullish candle reinforces the setup, suggesting the likelihood of an upward movement, with a target around 13.7785. However, if the support level is breached, the bullish sentiment could fade, allowing for a possible decline. Traders should remain alert in this zone for signs of buyer strength before taking long positions. Proper risk management is critical to mitigate the risk of losses.
Long
by TrendDiva
2
USDCHF – Potential Bearish Continuation Toward SupportThe USDCHF pair has broken below a key ascending trendline, signaling a potential shift in momentum. This move aligns with a bearish bias, suggesting that price action may now head lower. If the price retraces back to the broken trendline or nearby resistance levels and forms bearish confirmations—such as rejection patterns, bearish engulfing candles, or long upper wicks, it could reinforce the likelihood of further downside movement. Should this scenario materialize, sellers may target the 0.90484 level as the next area of interest. A sustained breakdown below this support zone could pave the way for continued bearish pressure. However, traders should remain cautious. A break back above the resistance zone or strong bullish momentum could invalidate this outlook.
Short
by TrendDiva
1
EURNOK - Potential Sell from Key Resistance ZoneOANDA:EURNOK is nearing a key resistance zone that has been a critical area for bearish reversals in the past. The current price action suggests sellers may regain control at this resistance level. If bearish patterns appear, such as long upper wicks or bearish engulfing candles, I anticipate a move toward 11.73160. Conversely, a break above this resistance could invalidate the bearish bias and indicate potential for further upside. Traders should monitor this area closely and use proper risk management strategies. If you have any thoughts or agree with this analysis, I’d love to hear your perspective in the comments!
Short
by DanieIM
1
USDCAD - Buy Opportunity After Resistance BreakOANDA:USDCAD has broken above a critical resistance level and is aligning with bullish trend continuation by retesting this level as support. If the support holds, I expect a move upward toward 1.45300, aligning with the bullish trend. Conversely, if the support is broken, the bullish outlook could weaken, paving the way for further declines. Traders should monitor this zone closely for signs of buyer strength before taking long positions. Do you see this playing out similarly? Let’s discuss in the comments below!
Long
by DanieIM
AUDSGD: Buy Setup at Key Support ZoneOANDA:AUDSGD is near a significant support zone, which has historically been a turning point for bullish moves. The recent bearish pressure brings the price into this critical area, creating a potential buying opportunity. If bullish signals emerge, such as strong buying volume or bullish candlestick patterns, I expect the price to move toward 0.86163, aligning with the overall market structure. However, a break below this support would invalidate the bullish bias and could lead to further declines. Traders should be patient and wait for confirmation of bullish strength before entering long positions.
Long
by DanieIM
1
GBPNOK at Key Support: Will It Surge to 14.04732?FOREXCOM:GBPNOK is trading at critical support zone that has historically led to strong bullish reactions. The recent price action suggests that this area may act as a base for a potential upward move. A strong bullish candle has confirmed the setup, signaling potential upward movement toward the 14.04732 level. However, if the price fails to maintain this momentum or hold key support, the bullish scenario could be invalidated, opening the door for further downside. What’s your outlook on this setup? Share your ideas or feedback in the comments below!
Long
by DanieIM
GBPNZD: Sell Opportunity After Support BreakOANDA:GBPNZD has broken a key support zone signaling a potential increase in bearish momentum. The price is currently retesting this broken support, which now serves as resistance. If sellers confirm resistance at this level, I expect the price to move downward toward 2.15600, aligning with the bearish trend. On the other hand, a failure to hold resistance could indicate a bullish shift. Traders should watch for bearish confirmation signals, such as bearish engulfing candles or strong selling volume, before entering short positions.
Short
by DanieIM
1
AUDCHF - Potential Short Opportunity from Key ResistanceOANDA:AUDCHF is currently testing a significant resistance zone. Historically, this area has seen strong selling pressure, leading to notable bearish moves. The recent bullish push into this resistance zone suggests a potential for sellers to regain control. A bearish confirmation, such as rejection candles, bearish engulfing patterns, or long upper wicks, would increase the probability of a downward move. If this scenario unfolds, the price could head toward the 0.56623 level. Traders should remain cautious and wait for clear signs of selling pressure before considering short positions. Proper risk management is essential, given the possibility of a break above the resistance zone. What are your thoughts on this setup?
Short
by TrendDiva
AUDJPY: Potential Long from Key Support ZoneOANDA:AUDJPY is currently trading near a significant support zone which previously led to bullish reversals. The recent bearish move into this zone suggests a potential for buyers to step in and drive prices higher. A bullish confirmation, such as rejection patterns, bullish engulfing candles, or long lower wicks, would increase the likelihood of a rebound. If buyers regain control, the price may rise toward the 96.650 level, where sellers could potentially re-emerge. This setup aligns with a possible short-term recovery within the broader bearish trend. Traders should wait for confirmation of buying pressure before considering long positions.
Long
by TrendDiva
GOLD - Potential Bearish Rejection at ResistanceGold is approaching a key resistance zone, which aligns with the upper boundary of the ascending channel. This area has the potential to act as a strong barrier, leading to a bearish pullback if sellers regain control. A rejection at this resistance could push the price back toward the $2,698-$2,700 level. If this level holds, it may provide a base for buyers to attempt another rally. However, a failure to hold above the $2,698 level could signal further bearish momentum, potentially targeting lower areas within the channel. Traders should watch for confirmation, such as bearish candlestick patterns or strong rejection wicks, at the resistance zone.
FX:XAUUSDShort
by TrendDiva
1
EURAUD - Potential Short from Resistance ZoneThe EURAUD pair is approaching a significant resistance zone. The current bullish momentum into this area may provide an opportunity for sellers to regain control. A bearish confirmation, such as rejection patterns, bearish engulfing candles, or signs of slowing momentum, would increase the likelihood of a pullback. If the resistance holds, the price could target the 1.66150 level. Traders should monitor for confirmation of selling pressure before initiating short positions. This setup aligns with a potential corrective move within the broader market structure.
Short
by TrendDiva
1
AUDJPY: Bullish Bounce Expected from Key Support ZoneOANDA:AUDJPY is approaching a significant demand zone, marked by prior bullish reactions and strong buyer interest. The current market structure suggests the potential for a reversal in this area if buyers regain control. This demand zone aligns with a key support area. If price action confirms rejection with bullish patterns such as pin bars or engulfing candles, I anticipate a move upward toward the 96.910 level, representing a key resistance. This setup aligns with the expectation of a trend continuation from support. Feel free to share your thoughts or additional insights in the comments!
Long
by DanieIM
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 - 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
AUDUSD potential buyWith the recent push down of the US index there is a high probably of buying momentum in the Aussie dollar due to weaker US data yesterday. With the SMC indicator in the 4hr time frame we can see a rejection of price to the downside while breaking thought the PML. In my opinion it will race towards TP1 which is a good place to exit since there is an orderblock at that level. If it breaks through that Orderblock you could wait for a pullback & enter to play for TP2 & TP3 or simply just trailstop each time it breaks past a TP level till you get stopped out.
Long
by bethalldaybae