Smctrading
AUDJPY - Buy Opportunity at Key Support LevelOANDA:AUDJPY is approaching a significant support zone, where buyers have previously stepped in, leading to strong bullish reactions. The recent decline suggests a potential buying opportunity if the price shows signs of reversal.
A bullish confirmation, such as a strong rejection candle or a bounce from support, could indicate a move toward 97.240. However, a break below the support zone could invalidate this setup, signaling further downside.
This is not financial advice but rather how I approach support/resistance zones. Remember, always wait for confirmation, like a rejection candle or volume spike before jumping in.
Please boost this post, every like and comment drives me to bring you more ideas! I’d love to hear your perspective in the comments.
Best of luck , TrendDiva
ZARJPY - Potential Long from Key Support ZoneOANDA:ZARJPY is currently testing a significant support zone. The recent decline into this zone suggests a potential for buyers to regain control and push prices higher.
A bullish confirmation, such as a strong rejection pattern, bullish engulfing candles, or long lower wicks, would indicate an increased likelihood of a move upward. If this scenario unfolds, the price may head toward the 8.350 level.
This setup aligns with a potential short-term rebound within the broader market structure.
This is not financial advice but rather how I approach support/resistance zones. Remember, always wait for confirmation, like a rejection candle or volume spike before jumping in.
Please boost this post, every like and comment drives me to bring you more ideas! I’d love to hear your perspective in the comments.
Best of luck , TrendDiva
NZDSGD - Potential Long from Key Support ZoneOANDA:NZDSGD is approaching a key support level that has previously acted as a strong demand zone, leading to bullish momentum. The recent decline into this area suggests a potential opportunity for buyers to step in and push prices higher.
A bullish confirmation, such as a strong rejection pattern, bullish engulfing candle, or long lower wick, would increase the likelihood of an upward move. If buyers regain control, the price may head toward the 0.76630 level. This setup indicates a potential short-term rebound within the broader market structure
This is not financial advice but rather how I approach support/resistance zones. Remember, always wait for confirmation, like a rejection candle or volume spike before jumping in.
Please boost this post, every like and comment drives me to bring you more ideas! I’d love to hear your perspective in the comments.
Best of luck , TrendDiva
AUDUSD - Potential Bullish Continuation SetupOANDA:AUDUSD is currently trading within a well-defined ascending channel, reflecting a strong bullish market structure. The price is approaching a key support zone, which aligns with the lower boundary of the channel.
If the price holds at this support and buyers step in, a bullish continuation toward the 0.63380 level is likely, making it a reasonable target for an upward move.
Trade Considerations:
Wait for confirmation of buying pressure before entering a position.
Monitor for invalidation if the price breaks below the demand zone and the channel boundary, as this would signal potential downside momentum.
This is not financial advice but rather how I approach support/resistance zones. Remember, always wait for confirmation, like a rejection candle or volume spike before jumping in.
Please boost this post, every like and comment drives me to bring you more ideas! I’d love to hear your perspective in the comments.
Best of luck , TrendDiva
SEKJPY at Major Resistance - Could it Reach 14.133?SAXO:SEKJPY is approaching a key resistance level that has previously triggered bearish reversals. While current bullish momentum has driven the price into this zone, it could present an opportunity for sellers to step in.
If bearish signals such as rejection wicks or bearish engulfing candles appear, a move toward 14.133 could follow. On the other hand, a breakout above this resistance would invalidate the bearish bias and signal potential for further upside.
Key Takeaway: Wait for clear rejection patterns before considering short positions.
CADJPY - Bearish Continuation After Support BreakOANDA:CADJPY has broken through a key support level and is now retesting this level as resistance. If the resistance holds, it could pave the way for a deeper move downward, with the 106.600 level emerging as the next major area of interest. This level also aligns with a significant support zone, making it a critical area where buyers may attempt to regain control.
Traders are advised to monitor for bearish confirmation signals, such as bearish engulfing candlestick patterns, rejection wicks, or strong selling volume at the retested resistance level. Such signals would reinforce the probability of a continuation to the downside. However, a decisive break back above the resistance zone would invalidate the bearish scenario
USDJPY – Break & Retest Short SetupThe USDJPY pair has recently broken below a key support level. This area could potentially act as resistance, presenting a classic break-and-retest scenario.
A bearish confirmation, such as rejection wicks, bearish engulfing candles, or strong selling pressure, would validate the potential for a short setup. If sellers step in at this level, the next downside target could be the 154.537 zone.
Traders should monitor the retest closely for clear signs of rejection before committing to short positions.
GBPCAD - Bearish Momentum Expected from Resistance ZoneOANDA:GBPCAD is currently testing a significant resistance zone. This level has previously acted as resistance, leading to a bearish reversal. The recent upward momentum into this zone suggests a potential for sellers to regain control and push prices lower.
A bearish confirmation, such as a rejection candle, bearish engulfing pattern, or signs of fading bullish momentum, would indicate an increased likelihood of a move downward. If this scenario unfolds, the price could head toward the 1.78220 level.
This setup aligns with a potential short-term correction after an impulsive move. Traders should wait for confirmation of selling pressure before considering short positions.
This is not financial advice but rather how I approach support/resistance zones. Always wait for confirmation, like a rejection candle or volume spike before jumping in. And let me know what you think of this setup in the comments!
GOLD TODAY'S EXPECTED MOVEIn this analysis we are focusing on 2H time frame for finding the upcoming moves and changes in Gold price. So let's see what's happens and which opportunity market will give us.
Make sure Bearish confirmation must important, when you execute your trade.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analysis or prediction.
Feel free to share your thoughts on this in the comments below. I’d love to hear your reflections.
#XAUUSD 2H Technical Analysis Expected Move.
AUDCHF at Key Resistance: Will It Drop To 0.56714?OANDA:AUDCHF is at a significant resistance area that has consistently acted as a barrier for bullish momentum. The recent price action suggests a potential for sellers to step in and drive prices lower from this zone.
If rejection signals, such as bearish engulfing candles or upper wicks, appear, I expect a move toward 0.56714. A break above this resistance, however, could indicate a shift in market sentiment.
Traders should wait for confirmation before entering short positions and ensure proper risk management. If you have any thoughts or agree with this analysis, I’d love to hear your perspective in the comments!
Platinum – Potential Short Setup with RetestPlatinum is currently trading below a key resistance zone, following a breakdown from the ascending channel. The recent bearish momentum indicates the potential for a continuation lower if the price fails to reclaim the resistance zone.
If the price retests this zone and shows rejection signals—such as bearish wicks, engulfing candles, or decreased buying pressure—it would strengthen the case for a short trade. In this scenario, the next target for sellers would be the $926.94 support zone, where buying interest may re-emerge.
This setup aligns with the broader bearish structure following the channel breakdown. Traders should monitor price action closely at the resistance level for confirmation of rejection before entering short positions.
Nasdaq on 15 minute to take sellside and then move on buyside.The Nasdaq analysis on 15 minute chart shows, price moving lower to take Minor Sellside Liquidity and engage the clustering of NWOGs . After that we could expect price reaching up to the Minor Buyside Liquiidty and Primary Buyside Liquidity considering we broke structure on the Daily Timeframe and Trump becoming the president of the US. 🚀
Please take this as just an idea :) ✅
EURCAD - Potential Sell From Resistance ZoneEURCAD is testing a major resistance zone that has previously led to significant bearish reversals. The recent bullish momentum into this area increases the likelihood of seller interest.
If bearish confirmation emerges, such as rejection wicks, bearish engulfing candles, or increased selling volume, I anticipate a move toward 1.48608. However, a breakout above this resistance could signal further bullish continuation.
Traders should remain cautious and wait for clear signals of rejection before taking positions. Agree with this analysis? Let’s discuss further in the comments section!
CADCHF - Short Setup at Key ResistanceThe CADCHF pair just entered a notable resistance zone that has times before acted as a supply zone, leading to bearish movements. A confirmation of selling pressure, such as a bearish engulfing pattern or multiple rejection wicks at the resistance level, would increase the likelihood of a downward move.
If sellers take control at this level, the pair could move downward, with a target around the 0.63230 level.
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.