AUDUSD consolidation phase bullish from supportOANDA:AUDUSD Analysis 🦘💵 | 4H Timeframe
Pair is currently consolidating, creating a solid base around 0.63400 – key support level holding strong. Entered long from support, targeting 0.65400 resistance zone.
📈 Trend bias: Bullish
🟢 Entry: 0.63400 (Support zone)
🎯 Target: 0.65400 (Key resistance)
🔐 Invalidation: Break and close below 0.63000
Also keeping eyes on the bullish Order Block at 0.59500 on higher timeframe – strong liquidity area if price revisits.
Let the market breathe, plan your trade, and trade your plan. Patience pays 💅
— Livia 😜📊
#Forex #PriceAction #AUDUSD #TradeSetup #SmartMoney #FXQueen
Supply and Demand
HEDERAset up LONG 1:1 quick
Disclaimer on Money Management for Trading in the Futures MarketFutures trading carries high risks and may result in the loss of your entire capital. Only use funds you can afford to lose, set risk limits, and understand the market and leverage. Diversification does not guarantee profits. Consult a financial advisor before trading. All decisions and losses are your sole responsibility.
EURUSD: Breaks Down : Is 1.11000 the Next Target?OANDA:EURUSD continues to follow its bearish trajectory after rejecting resistance within a clearly defined descending channel. At this key level, price formed a converging triangle pattern and has now broken to the downside, confirming strong selling pressure.
If sellers maintain control at this zone, we could see price fall toward 1.11000, a key support level that aligns well as a short-term target within the current bearish market structure. However, failure to break below this support could invalidate the bearish outlook and signal a potential recovery.
Traders should monitor for bearish confirmation signals, such as weak pullbacks, lower highs, or increasing sell volume before entering short positions.
If you agree with this outlook or have additional insights, feel free to share your thoughts in the comments!
GOLD(XAUUSD): Very Bearish Pattern📉GOLD formed a notable head and shoulders pattern at a significant daily/intraday horizontal resistance.
A bearish breakout from its horizontal neckline indicates strong selling pressure.
It is likely that the price will continue to decline, potentially reaching the 3219 level.
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
A good start to the day with us hitting not only the red box target we wanted but completing the Excalibur target that was active giving a nice long. After that, we identified the pull back into the bias level 3305 which only gave us a 50pip bounce into the target. We then said price shouldn't go back to 3310, if it did we would break, which consequently happened, thankfully we had stopped trading and called it a day by then.
The range continues and price is accumulating, this range now with support 3290 and resistance 3310 could be the play towards the end of the session, so anyone long, we would say watch this levels on the red boxes for a break either side.
As always, trade safe.
KOG
How to draw support and resistance levels the right way?
1️⃣ Why Are Support and Resistance Levels So Important?
Support and resistance levels show where price has reacted strongly in the past. These are zones where many traders including large players have placed buy or sell orders.
Support = where buyers step in and push price up
Resistance = where sellers step in and push price down
These levels are important because they act like decision zones:
- Price might bounce from these levels
- Or break through and start a new move
- Or even fake out traders before reversing again
Knowing where these levels are gives you an edge:
- You can better time your entries and exits
- You avoid chasing price in the middle of nowhere
- You prepare for market reactions not random guesses
Think of them like traffic lights for the market when price hits them, something important usually happens.
2️⃣ Three Main Types of Support and Resistance
There are 3 key types of support and resistance levels traders commonly use:
- Level-Based: Horizontal zones drawn from key highs and lows
- Pattern-Based: Support/resistance found in chart patterns like triangles, flags, etc.
- Channel-Based: Diagonal trendlines showing support and resistance in a channel
Today, we focus on level-based support and resistance horizontal lines drawn on key price zones.
3️⃣ How to Draw Support and Resistance Levels
Use daily, weekly, or monthly timeframes to find major zones. These higher timeframes give you stronger, more respected levels.
Look for:
- Candle bodies that close and open around the same price
- Strong wicks rejecting a certain level
- Zones where price has bounced multiple times in the past
I often pick:
- The close of a red candle
- The open of the next green candle
These spots usually show where sellers lost control and buyers stepped in — or vice versa.
4️⃣ Timeframes and Their Strength
The higher the timeframe, the stronger the level:
- Monthly = very strong, long-term zones
- Weekly = strong and reliable
- Daily = useful for swing trading
- Lower timeframes (15m, 5m) = more noise, less reliable unless you're day trading or scalping
Pick levels based on your strategy:
- Swing traders = use daily/weekly/monthly
- Scalpers = lower timeframes with extra confluence (volume, structure)
5️⃣ Don’t Use Support/Resistance Alone
Support and resistance are helpful — but not enough by themselves. Always combine them with:
- Market structure (higher highs/lows)
- Volume confirmation
- Indicators or price action signals
You want to watch how price reacts at your levels. Wait for confirmation before making decisions.
6️⃣ Common Mistakes Traders Make
Mistake 1: Drawing too many levels clutters your chart and creates confusion.
Mistake 2: Keeping old levels that have already been broken or invalidated.
Mistake 3: Ignoring volume. Just because price hits a level doesn’t mean it will reverse. You need volume to back the move.
Also:
Don’t enter blindly on breakout, breakouts can fail. Wait for confirmation.
Don’t assume a level is strong just because it’s touched once — look for multiple rejections.
7️⃣ Example: How I Draw Support/Resistance
Let’s say I’m looking at a daily chart.
- I find a red candle that closes at 42,000
- Then a green candle opens at 42,000 and pushes higher
That tells me buyers stepped in at 42,000 — this is a potential support.
I draw my horizontal line across that level.
Then I zoom into 30m or 15m charts to watch price behavior when it comes back to that level.
If price respects it again, I may enter a trade based on the reaction.
This technique gives me more confidence and clarity.
I know where liquidity might be waiting.
I can combine it with indicators or volume tools.
I avoid random trades.
🔄 Summary
Identify a timeframe – Use the monthly, weekly, or daily chart.
Look for two candles – Draw your support or resistance line at the point where one candle closes and the next one opens.
Make sure the level hasn’t been hit yet – This helps you spot areas where liquidity grabs might happen.
Wait for price to reach the level – Once price touches the support or resistance zone, watch how it reacts.
After price touches the level, remove it – Once tested, that level is no longer fresh and should be cleared from your chart.
Support and resistance isn’t magic — but used with confluence, it becomes a powerful guide.
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Disclaimer: This is not financial advice. Always do your own research. This content may include enhancements made using AI.
EURUSD is Ready for a Bullish MoveHello Traders
In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET
today EURUSD analysis 👆
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This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GBPJPY is Holding above the SupportHello Traders
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GBPNZD Pushing itself in a buy directionHello Traders
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GBPAUD buy Trade IdeaHello Traders
In This Chart GBP/AUD 4 HOURLY Forex Forecast By FOREX PLANET
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BTCUSD Up trend breakdown ahead selling strong🚨BTC/USD Breakdown Alert 🚨
BTC has officially broken down from the previous uptrend, confirmed by a strong bearish engulfing candle — signaling a clear shift in momentum. This is a prime opportunity to look for short setups.
📉 Sell Entry: 107,400
🎯 Technical Targets & Demand Zones:
🔹 1st Target: 103,700 – Minor demand zone
🔹 2nd Target: 96,400 – Stronger structural support
🔹 3rd Target: 85,100 – Deep liquidity zone
🔹 4th Target: 77,000 – Bullish Order Block
💡 Breakdown confirmed. Trend shift validated. Selling pressure likely to continue.
Trade smart. Manage risk.
— Livia 💼📊
BTCUSD Up trend bullish fvg filled strong buy now📈 BITSTAMP:BTCUSD 30-Min Chart Update
🔹 Trend: Bullish continuation
🔹 Entry Zone: Support at 108,500
🔹 Target: 110,500
🔹 Key Level: FVG fill expected at 108,900
Bitcoin is maintaining strong bullish momentum on the 30-minute timeframe. Price is currently pulling back into the 108,500 support zone, offering a potential long entry. Watch for a reaction near the Fair Value Gap (FVG) at 108,900, which could act as a launchpad toward the 110,500 target.
📊 Strategy: Wait for bullish confirmation (e.g., bullish engulfing or strong volume spike) before entering long. Manage risk accordingly.
#Bitcoin #CryptoTrading #PriceAction #TechnicalAnalysis #BTC
$GOOGL laggard long setupSimilar to my analysis on AAPL, I also think Google looks good for a long. I could see the possibility of a pullback down to support(s), but then that would setup a decent long up to $190+.
The structure looks like a bottom and many of the other Mag7 stocks have seen big runs, I think Google is likely a laggard and should move up to the resistances in the coming weeks.
A loss of the supports on the downside would invalidate the idea.
MercadoLibre Inc Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# MercadoLibre Inc Stock Quote
- Double Formation
* (Upper Band)) #1 - *4% Settings Condition | Completed Survey
* Entry & Retest At 0.5 Retracement Area | Subdivision 1
- Triple Formation
* (EMA Settings))
* 100 EMA - *Support & Resistance | Subdivision 2
* (TP1) | Subdivision 3
* Daily Time Frame | Trend Settings Condition
- (Hypothesis On Entry Bias)) | Indexed To 100
- Position On A 1.5RR
* Stop Loss At 156.00 USD
* Entry At 165.00 USD
* Take Profit At 180.00 USD
* (Ranging Argument)) & No Pattern Confirmation
* Ongoing Entry & (Neutral Area))
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
EURJPY: Top-Down Analysis & Trading PlanEURJPY has surpassed and closed above a significant daily resistance level, which has now become support.
We are observing a retest of this broken structure.
To enter a long position, look for confirmation through a breakout of the horizontal range on the hourly chart.
A close of an hourly candle above its resistance will signal buyer strength.
A bullish continuation is expected towards the 164.63 level.