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Supply_and_demand

AMAZON at Key Support Level – Rebound Towards $230?NASDAQ:AMZN is currently in a corrective phase after rejecting from the upper boundary of the ascending channel. The price has now reached a key support level within the channel, which aligns with a significant demand zone. The confluence of the support level and the channel's lower boundary increases the probability of a bullish reaction at this point. If buyers step in, the price could rebound and target the $230.00 resistance level, which represents a logical area within the current market structure. However, if this support zone fails to hold, a deeper retracement toward lower levels within the channel could occur, invalidating the bullish bias. This setup reflects the potential for a recovery after the recent decline, supported by historical price action and the channel's structure. If you have additional insights or thoughts, feel free to share them!
NASDAQ:AMZNLong
by DanieIM
98
Market Analysis: EUR/USD (1H Chart)The EUR/USD pair is currently consolidating following a Break of Structure (BoS) to the upside, suggesting a potential shift in market sentiment. The price action indicates a corrective phase after a strong bullish impulsive move. Key Levels: - Resistance: **1.09322** (target zone) - Support: **1.08622** (H1 demand zone) - Current Price: **1.08854** - Market Structure & Outlook : - The price recently formed a **BoS**, signalling a possible bullish continuation. - There is an **order block** within the highlighted demand zone, which could act as a strong support level. - The grey risk-reward box suggests a long position setup, with a stop-loss below **1.08622** and a target near **1.09322**. - Trading Consideration: - If the price retests the **H1 demand zone** and shows bullish confirmation, a long position could be favourable. - A break below **1.08622** could invalidate the bullish bias, shifting momentum to the downside. Overall, the market is currently at a decision point, with bullish continuation likely if key support holds.
Long
by BeaucoupPips
GbpUsd is approaching a strong sell zoneExactly one week ago, I pointed out that while TRADENATION:GBPUSD strength persists, the pair is approaching a significant sell zone , starting at the psychological level of 1.30. This level was touched recently, and the pair is currently fluctuating within this range now. My view remains the same: GBP/USD is likely to experience a drop in the near future, and I’m now looking for potential entries for a swing trade. As mentioned before, 1.30 is a key psychological level, with the technical resistance just above it at 1.3050. Additionally, GBP/USD is known for its volatility, and this resistance zone extends slightly above 1.31. In conclusion, traders should consider selling rallies, with a target around 1.27, aiming for at least a 1:2 risk-to-reward ratio when setting their stop loss. 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.
Short
by Mihai_Iacob
2
Alts- Will they drop further? (+name your alt)In my early February analysis on altcoins , I noted that while a bounce was likely after the sharp drop triggered by Trump’s initial tax remarks, the $1.3T level would act as strong resistance. I expected another decline once this resistance was confirmed— which is exactly what happened, as the market reached that level and began to drop again. After multiple tests of the rising trendline that began in October 2023, last week saw a breakdown, with price finding support just above $900B (an important level as we can see from the posted chart). But was that the full extent of the drop? In my view, we are far from being in the clear, and further declines seem likely. Technically, the rising trendline has been broken, and the recent rebound appears to be corrective rather than the start of a sustained recovery. As long as the price remains below the $1.15T–$1.2T zone, I see a high probability of the market breaking under 900B zone support and reaching $700B in the coming months.
CRYPTOCAP:TOTAL2Short
by Mihai_Iacob
28
GBP/JPY TODAY EXPECTED MOVERight now, we are analyzing the GBPJPY 1-hour time frame chart. My bias for today is towards the sell side, and I will be looking to sell the market today. As you can see on the chart, these are our key levels. Once the market price reaches our key levels and POI, we will wait for confirmation whether the price shows a bearish confirmation or forms a reversal candlestick pattern, so we can find the ideal entry point for our trade and execute it with precision. The most important thing to remember is to always wait for confirmation. Make sure to always use a stop loss for your trade. Always use proper money management and proper risk to reward ratio. This is just my analysis. Let's see what happens. #GBPJPY 1H Technical Analysis Expected Move.
Short
by TradeTacticsreal
1
USOIL at Critical Support – Rebound Toward 73$?TVC:USOIL has reached a major demand zone, an area that has historically acted as strong support. This region has previously triggered sharp rebounds, making it a key level to watch for a potential bullish reaction. The recent sell-off has pushed the price deep into this zone, and early signs of rejection could indicate that buyers are stepping in. If support holds, we could see a recovery toward $73, aligning with a corrective move. However, if price fails to hold and breaks decisively below this zone, it would signal continued weakness, opening the door for further downside, possibly targeting the next support area. Traders should wait for confirmation, such as bullish price action, increased buying volume, or key reversal patterns before committing to long positions.
TVC:USOILLong
by DanieIM
16
S&P 500 Reaches Major Support – Will Buyers Take Control?SP:SPX is experiencing a corrective move after rejecting from the upper boundary of the ascending channel. The price has now reached the lower boundary of the channel, aligning with a key demand zone. This confluence of trendline support and horizontal demand increases the probability of a bullish reaction from this level. If buyers maintain control at this level, we could see a rebound toward the 5,936 level, which aligns with the midline of the ascending channel. This level could serve as a short-term target within the current bullish market structure. However, failure to hold above this support zone could invalidate the bullish outlook, and signal further downside. Traders should monitor bullish confirmation signals, such as rejection wicks, rising volume, or bullish engulfing patterns, before entering long positions. If you agree with this analysis or have additional insights, feel free to share your thoughts here!
OANDA:SPX500USDLong
by DanieIM
40
EURUSD at Key Resistance Level – Will Sellers Step In?OANDA:EURUSD has reached a key resistance level, 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 step in. If bearish signals emerge, such as rejection wicks, bearish candlestick patterns, or signs of weakening bullish pressure, I anticipate a move toward the 1.07400 level. However, a clear breakout above this resistance could challenge the bearish outlook and open the door for further upside. It's a pivotal area where price action will likely provide clearer clues on the next direction. Just my take on support and resistance zones, not financial advice. Always confirm your setups and trade with a proper risk management.
Short
by TrendDiva
39
AUDNZD at Key Support Level - Rebound Towards 1.10100?OANDA:AUDNZD has reached a significant support zone, highlighted by previous price reactions and strong buying interest. This area has previously acted as a key demand zone, increasing the likelihood of a bounce if buyers step in. The current market structure suggests that if the price confirms support within this zone, we could see a bullish reversal. A successful rebound could push the pair toward the 1.10100 level, a logical target based on previous price behavior and current market dynamics. Monitoring candlestick patterns and volume at this critical zone is essential for identifying buying opportunities. Just my take on support and resistance zones, not financial advice. Always confirm your setups and trade with solid risk management. Best of luck!
Long
by TrendDiva
4
NZDUSD at Key Resistance Level - Will It Drop To 0.56990?OANDA:NZDUSD has reached a significant resistance zone, marked by historical price rejections and strong selling pressure. This area has previously acted as a key supply zone, increasing the probability of a bearish reaction if sellers regain control. The current market structure suggests that if price confirms a rejection from this resistance zone, we could see a potential drop toward the 0.56990 level. However, a break and close above this resistance zone would invalidate the bearish bias and could signal further upside continuation. Traders should look for bearish confirmation signals such as rejection wicks, bearish engulfing patterns, or increased selling volume before considering short positions. Do you agree with this analysis? Share your thoughts in the comments!
Short
by DanieIM
12
GBPUSD - SHORTConsider the development of a strong South Impulse. Sell on a false breakout or current price level! Target the lower Demand Zone. GBPUSD - SHORT ENTRY PRICE - 1.29420 SL - 1.30700 TP - 1.26240 Always follow the 6 Golden Rules of Money Management: 1. Protect your gains and never enter into a position without setting a stop loss. 2. Always trade with a Risk-Reward Ratio of 1 to 1.5 or better. 3. Never over-leverage your account. 4. Accept your losses, move on to the next trade and trust the software. 5. Make realistic goals that can be achieved within reason. 6. Always trade with money you can afford to lose. Please leave your comment and support me with like if you agree with my idea. If you have a different view, please also share with me your idea in the comments. Have a nice day!
Short
by Profit_Trader
AUDUSD – LONGAUDUSD – LONG ENTRY PRICE - 0.62850 SL - 0.61800 TP - 0.64900 Always follow the 6 Golden Rules of Money Management: 1. Protect your gains and never enter into a position without setting a stop loss. 2. Always trade with a Risk-Reward Ratio of 1 to 1.5 or better. 3. Never over-leverage your account. 4. Accept your losses, move on to the next trade and trust the software. 5. Make realistic goals that can be achieved within reason. 6. Always trade with money you can afford to lose. Please leave your comment and support me with like if you agree with my idea. If you have a different view, please also share with me your idea in the comments. Have a nice day!
Long
by Profit_Trader
2
GBPNZD Bullish Continuation - Will Buyers Push Toward 2.28000?OANDA:GBPNZD is trading within a well-defined ascending channel, with price action consistently respecting both the upper and lower boundaries. The recent bullish impulse suggests that buyers are maintaining control, indicating a potential continuation toward the upper boundary. The price has recently broken above a key resistance zone and may come back for a retest. If this level holds as support, it would reinforce the bullish structure and increase the likelihood of a move toward 2.28000, which aligns with the channel’s upper boundary. As long as the price remains above this support zone, the bullish outlook remains valid. However, a failure to hold the support zone would invalidate the bullish scenario and open the possibility for a deeper pullback toward the channel’s lower boundary. Remember, always confirm your setups and trade with solid risk management. Best of luck!
Long
by TrendDiva
18
DOGE 4HR Analysis Here is the current 4 Hour range within the 1st zone I was looking for. Personally, I still see more downside as bears are still in control. There is potential for a breakout on the 4HR but confirming congruence on the Daily has me hesitant as the Daily Timeframe would still hold a downward trend. —————————————————————— Diving further into the structure of the candles I noticed there are more wicks from the bottom side of the candles than the top; a confirmation bears and the downward trend are still in control. Bulls are starting to defend this level, but to me it’s a sign that buy side liquidity it being created. If I’m a seller, this is a great place to manage risk for further downside. If I’m a buyer, I’m being patient as the retracement back to supply seems to be almost over.
COINBASE:DOGEUSD
by Venture13
GBPAUD Approaching Major Resistance — Potential Sell SetupOANDA:GBPAUD is approaching a major 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 market structure suggests that if the price confirms resistance within this zone, we could see further downside movement. A successful rejection could push the pair toward 2.03000, a logical target based on prior price behavior and the current structure. However, if the price breaks and holds above this resistance, the bearish outlook may be invalidated, potentially leading to 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!
Short
by TrendDiva
17
WHEAT Approaching Key Support - Will Price Rebound to 550$?PEPPERSTONE:WHEAT is approaching a key support level, an area where buyers have previously shown strong interest. The recent bearish movement suggests that price may soon be testing this level, potentially setting up for a rebound. A bullish confirmation, such as a strong rejection pattern, bullish engulfing candles, or long lower wicks, would strengthen the case for a move higher. If buyers step in, the price could rally toward the 550$ target. However, a decisive breakdown below this support would invalidate the bullish scenario and could lead to 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. Best of luck , TrendDiva
PEPPERSTONE:WHEATLong
by TrendDiva
5
Ethereum at Key Support: Will it bounce to 2,800$?COINBASE:ETHUSD price is moving inside a clear ascending channel , with the upper boundary acting as long-term resistance and the lower boundary providing dynamic support. After a steady climb, the price started showing weakness, confirmed by a head and shoulders pattern, a common sign that the trend might reverse. This led to a strong drop, bringing the price down to a key support zone around $2,000. This support area is important because it meets with a major trendline, making it a likely spot where buyers could step in. The volume profile also shows a lot of activity in this zone, meaning traders have been interested in these levels before. If the price holds above this support, there’s a good chance it could bounce towards $2,800, which lines up with a previous resistance. A breakdown below the trendline shifts the bias bearish toward 1,414. For now, as long as Ethereum stays above the support zone, a recovery toward $2,800 is on the table. But if it falls below, the bearish trend is likely to continue. Just my take on support and resistance zones, not financial advice. Always confirm your setups and trade with solid risk management.
COINBASE:ETHUSDLong
by TrendDiva
64
BITCOIN at Key Support – Ready to Bounce to $94,000?COINBASE:BTCUSD is trading at a key demand zone, which has previously acted as strong support within the ascending channel. The recent retracement has brought the price back into this area, increasing the probability of a bullish reaction. The confluence of the support zone and the ascending trendline suggests that buyers may step in to regain control. If price confirms support within this zone, we could see a bullish continuation toward the $94,000 level, aligning with the channel’s midline and the next major resistance. However, a failure to hold this level could invalidate the bullish bias and signal a potential shift in momentum. Traders should monitor for bullish confirmation signals, such as rejection wicks, bullish engulfing patterns, or increasing buying volume, before considering long positions. A breakout above minor resistance levels along the way could further strengthen the bullish outlook. If you agree with this analysis or have additional insights, feel free to share your thoughts! 🚀
COINBASE:BTCUSDLong
by DanieIM
59
GBPUSD at Key Resistance Level: Will it Drop To 1.26900?OANDA:GBPUSD is currently trading at a key resistance zone, where sellers may regain control. This level has been a strong area of interest in the past, suggesting the potential for another bearish reaction if sellers step in. If the price confirms rejection from this zone, a move lower toward 1.26900 is likely. However, a strong breakout above could invalidate this setup, shifting momentum back to the bulls. Traders should monitor for bearish confirmation signals, such as bearish engulfing candles, long upper wicks rejecting the resistance, or increased selling volume before considering short positions. Let me know your thoughts or any additional insights you might have! Do you agree with this analysis? Let me know your thoughts in the comments!
Short
by DanieIM
21