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Support_and_resistance

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
Long
by TrendDiva
1
GBPAUD at Key Resistance: Correction Ahead?OANDA:GBPAUD is approaching a key resistance zone, a level that could act as a potential turning point for the pair. As price moves into this area, bullish momentum may face exhaustion, creating the possibility for a reversal if sellers step in. If bearish confirmation appears, such as rejection candles or a bearish engulfing pattern, I anticipate a pullback targeting the 1.9863 level. This area represents a logical target within the current market structure, reflecting a possible short-term correction. This setup aligns with the idea of trend exhaustion near resistance. If you agree with this analysis or have additional insights, feel free to share your thoughts!
Short
by DanieIM
1
NZDJPY at Key Support Zone: Potential Buy OpportunityOANDA:NZDJPY is approaching a key demand zone between, marked by historical price reactions and clear buying pressure in the past. This zone aligns with a strong support level where buyers previously regained control. The current market structure suggests the potential for a bullish reversal if price action shows a clear rejection from this demand zone. A possible confirmation could be in the form of bullish candlestick patterns, such as a bullish engulfing candle or long lower wicks. If buyers step in at this zone, I anticipate an upward move toward the 88.180 level, which represents a logical target within the current market structure. Key considerations: Wait for clear rejection signs at the demand zone before entering long positions. Manage risk carefully, as a break below the zone could signal further downside potential.
Long
by DanieIM
SILVER - Potential Short Setup at Key Resistance LevelOANDA:XAGUSD is currently testing a key resistance level, presenting a potential sell opportunity. If price fails to break above and holds below this resistance, a downward move towards 30.61800 could be expected. A rejection at this level—confirmed by a bearish candlestick pattern or strong selling pressure—would strengthen the bearish outlook. Traders should watch for signs of failure to break resistance, which would support the short position. However, if the price breaks and closes above resistance, the bearish scenario would be invalidated, and the bias would shift to the upside. 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
OANDA:XAGUSDShort
by TrendDiva
1
LEAD at Key Support Zone: Bullish Reversal in Sight?FPMARKETS:XPBUSD is approaching a significant demand zone, marked by prior price rejections and strong support levels. This area has previously acted as a turning point for the price, and the current market structure suggests the potential for a bullish reversal if buyers regain control at this level. I anticipate that if the price confirms a rejection from this demand zone, the market may move upward toward the 1,956 level. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
FUSIONMARKETS:XPBUSDLong
by DanieIM
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
Long
by TrendDiva
COTTON at Key Support - Potential Buy OpportunityFOREXCOM:COTTON has reached a critical support zone, aligning with previous price rejections and marking an area where buyers have historically regained control, leading to bullish reversals. The current market structure indicates a potential bullish reaction if the price confirms a rejection from this zone. A likely scenario could involve the formation of a bullish rejection pattern, such as a pin bar or a bullish engulfing candle, signaling a shift in market momentum. If buyers reclaim control at this level, I anticipate an upward move toward the 6,827.0 level, which is a logical profit target for the current market structure. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
FOREXCOM:COTTONLong
by DanieIM
RTX Bullish Momentum – Move Toward $131.00 ExpectedNYSE:RTX is demonstrating strong bullish momentum, supported by moving averages and consistent upward strength in price action. The recent push above $125 confirms that buyers are in control, and suggests a likely continuation toward the $131.00 level. A pullback toward $125–126 could provide an opportunity for buyers to step in, maintaining the rally's trajectory. This setup aligns with the expectation of a bullish continuation, offering a potential long opportunity if pullbacks or consolidations occur near current levels.
NYSE:RTXLong
by Leo_Marksman
1
JNJ – Potential Buy Opportunity at Support LevelThe JNJ stock price is currently approaching a key demand zone. If the price finds support and bullish confirmation signals appear, such as bullish candlestick patterns or long lower wicks, we could see a potential rebound. The first target for this move would be around the $153.03 level. This setup offers an opportunity for a long position if the demand zone holds. Traders should monitor for additional confirmation before entering. Do you agree with this analysis, or do you have alternative views on this setup? Share your thoughts in the comments!
NYSE:JNJLong
by DanieIM
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
Long
by TrendDiva
2
EURCAD: Sell Setup After Impulsive Move to ResistanceFOREXCOM:EURCAD is approaching a significant resistance zone, marked by historical price rejections. This level aligns with a key area of interest where sellers have previously regained control, causing substantial bearish moves. The current market structure suggests that a potential rejection could occur if price action confirms it. If we observe bearish signals, such as a bearish engulfing candle or clear wicks rejecting the zone, the market may reverse and head lower. I anticipate that if sellers take control, the price could move downward toward the 1.50000 level, which represents a logical target within the current market structure. This setup reflects the potential for a retracement after an impulsive move, supported by the confluence of previous price behavior and the current structure.
Short
by DanieIM
2
GBPZAR Approaching Resistance Zone: Potential Sell SetupOANDA:GBPZAR is approaching a key resistance zone, a level defined by previous price rejections and significant selling pressure. While the current bullish momentum may drive the price into this area, there is a strong probability of a correction once the zone is tested. If sellers regain control, a rejection at this resistance area could lead the price to drop toward the 23.2084 level. This setup aligns with the expectation of a short-term correction after an impulsive move. I'll wait for clear rejection signals, such as bearish engulfing candles or strong wicks, before taking action. Let me know if you agree with this analysis or if you have additional insights to add!
Short
by DanieIM
GOLD at Key Resistance: Will Sellers Take Control?OANDA:XAUUSD has reached a key resistance zone, an area where sellers have historically regained control. The ongoing bullish momentum may face exhaustion as price approaches this level, making it a potential turning point. If bearish confirmation appears, such as rejection candles or a bearish engulfing pattern, I anticipate a pullback targeting the 2,740.000 level, which represents a logical target within the current market structure. This setup reflects a possible short-term correction within the broader market context.
OANDA:XAUUSDShort
by DanieIM
4
EURUSD at Key Support: Bullish Continuation Ahead?OANDA:EURUSD is trading within a well-defined ascending channel, indicating a bullish trend. The price has recently pulled back into a demand zone, which has previously acted as strong support. This confluence of support and the lower boundary of the channel suggests the potential for a bullish continuation. If the price confirms a rejection from this zone, I anticipate an upward move toward the 1.05200 level, which aligns with the previous resistance level. However, a breakdown below the demand zone and channel support would invalidate this setup and signal possible bearish pressure. This setup aligns with the idea of trend continuation within an ascending channel. Let me know your thoughts or if you have any alternative perspectives!
Long
by DanieIM
1
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
Long
by TrendDiva
2
Gold Approaching Major Resistance – Will It Drop to 2,736$?OANDA:XAUUSD is nearing the upper boundary of an ascending channel, which aligns with a major resistance zone. This area has acted in the past as a reversal point, making it a key level to watch for potential bearish movements. If the price confirms rejection at this level, I anticipate a move downward toward the 2,736$ level, consistent with the channel’s structure and a nearby support zone. Conversely, if this resistance is breached, it could signal increased buying pressure and a continuation of the bullish trend.
FX:XAUUSDShort
by TrendDiva
3
EURAUD: Sell Setup at Key Resistance Zone OANDA:EURAUD is testing a significant resistance zone, a level where price has historically struggled to break higher. This area represents a potential reversal point, as the market structure suggests sellers may regain control. If the price confirms a rejection at this resistance zone, I anticipate a potential move downward toward the 1.65600 level, which represents a logical target for this setup. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
Short
by DanieIM
1
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.
Short
by TrendDiva
3
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
Short
by TrendDiva
1
USDJPY Key Support Broken — Bearish Momentum in PlayFOREXCOM:USDJPY has broken below a key support zone, indicating that sellers may have gained control. This area was previously a strong demand zone, but the decisive break suggests bearish momentum is taking over. The current market structure implies the potential for a retest of the broken support level, which could act as resistance before a continuation to the downside. If the price confirms rejection at the retest with bearish candlestick patterns or wicks, I anticipate a further decline toward the 153.700 level, where a stronger demand zone resides. This setup aligns with the concept of a classic break-and-retest scenario, where the market resumes the downward move after a corrective pullback.
Short
by DanieIM
1
NZDJPY Approaching Key Support Zone: Potential Buy SetupOANDA:NZDJPY is trading near a significant support zone marked by prior price reactions. This area has historically acted as a strong demand zone, leading to reversals in the past. The current price action suggests that the pair may soon test this zone again. If buyers regain control and we see bullish rejection patterns, such as pin bars or engulfing candles, the price could rebound toward the 88.091 level, which represents a logical target for this setup. If the price breaks below this support zone, further downside could follow. If this analysis resonates with you or you have a different perspective, feel free to discuss in the comments!
Long
by DanieIM
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.
Short
by TrendDiva
1