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Support and Resistance

LONG ON GOLDGold has fell almost $100 or 1000 pips since Monday from its high. Its currently at a major demand level that was created 2/7/25 that caused it to rise $100 points to 2/24//25. History from 2/7/25 looks like it will be repeating itself. Dollar (DXY) looks bearish and PCE news comes out at 8:30 for Inflation which I believe will come out bad causing the dollar to tank and gold as well as the indices to rise. I will be buying gold looking to catch that $100 move or 1000pips. See you at the Top! OANDA:XAUUSD
OANDA:XAUUSDLong
by BBIDF
2
USDNOK at Key Resistance Zone – Potential Reversal Setup OANDA:USDNOK 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, leading to price reversals. The recent bullish momentum has pushed price into this supply zone, suggesting a potential for bearish continuation if price action confirms a rejection. If the price confirms rejection from this zone, a move lower toward 11.2010 is likely. However, a strong breakout above could invalidate this setup, shifting momentum back to the bulls. Do you agree with this analysis? Let me know your thoughts in the comments!
Short
by DanieIM
2
US30 - Dropped and still running, Impact US Tariffs on EU!US30 Analysis & Market Impact – February 27, 2025 the price dropped about 400 pip as we mentioned in the previous idea . and still running to get 43212. 📉 Bearish Momentum Continues Below Pivot Zone US30 remains in a bearish phase after failing to reclaim the pivot zone (43,763 - 44,404). 🔍 Technical Outlook: 🔻 Bearish Scenario: If US30 continues to stabilize below 43590 and 43,763, the next target will be 43,212 as the first support level. A break and 4H candle close below 43,212 will further extend the downside toward 42,769 and 42,588. 🔹 Bullish Recovery: For buyers to regain control, US30 must close a 4H candle above 43,763, pushing the price back into the pivot range. A sustained move above 44,404 would shift momentum towards 44,756. 🌍 Market Sentiment & Trade Impact: Investor sentiment remains fragile following Trump’s tariff announcement on the EU by 25%, which has increased downside pressure on US indices. 📌 Key Levels to Watch: Resistance: 43765 | 43900| 44200 Pivot: 43590 Support: 43212 | 42770 | 42590 ⚠️ Directional Bias: Bearish as long as US30 remains below 43,763. A break below 43,212 would accelerate downside momentum. However, geopolitical factors and market reaction to tariffs could increase volatility.
OANDA:US30USDShort
by SroshMayi
Solana (SOL) Technical Analysis Based on Support & Resistance1. Key Support & Resistance Levels From the chart, we can identify the following key levels: Resistance Levels: 139.19 149.65 159.38 171.37 179.92 Support Levels: 133.40 (Current Price) 118.54 (Next Key Support) 101.85 89.33 SOL is currently trading at $133.40, testing the support level of 139.19, which has now turned into resistance. If this level holds as resistance, further downside movement toward 118.54 is possible. 2. Reversal Pattern Forecast The recent breakdown below 139.19 suggests continued bearish pressure. A potential double bottom or bullish divergence near the 118.54 – 101.85 zone could indicate a reversal. If SOL finds strong buying momentum around 118.54, a reversal towards 149.65 - 159.38 could occur. However, if it breaks below 118.54, expect further downside to 101.85 and 89.33. 3. Trading Idea Bullish Scenario: Wait for confirmation of support around 118.54. A strong bounce with volume could signal a long opportunity targeting 139.19 - 149.65. Bearish Scenario: A breakdown below 118.54 would confirm a continuation of the downtrend, making short positions viable towards 101.85 - 89.33. 4. Risk Management Stop-loss for long trades: Below 118.54 Stop-loss for short trades: Above 139.19 Risk/Reward Ratio: Maintain at least 1:2 for better risk management.
COINBASE:SOLUSDShort
by michaelhizkia14
1
THE KOG REPORT - UpdateEnd of day update from us here at KOG: Although we had a bearish below bias and the targets, we still maintained caution on gold today due to it being at a huge confluence level which is where it's made the undercut low, completed our targets and temporarily bounced. We now have that red box level below which is open, so we'll play this two ways. We'll either let price come down, if we see the set up we'll attempt the long, otherwise, ideally we want to see this go up into the resistance RIP and then complete the move downside. Levels to watch - 2886, 2895, 2902, 2910 Red boxes and bias levels today worked well. Price: 2888 KOG’s Bias of the day: Bearish below 2920 with targets below 2875✅ and below that 2870✅ Bullish on break of 2920 with targets above 2942, 2945 and above that 2950 RED BOXES: Break above 2890 for 2900, 2906 and 2918 in extension of the move Break below 2875 for 2870✅ and 2868✅ in extension of the move As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
11
DeGRAM | EURJPY growth in the channelEURJPY is in a descending channel between trend lines. The price is moving from the lower boundary of the channel and support level, and the 38.2% retracement level is the nearest obstacle to growth. The chart retains a descending structure, but it has already formed a harmonic pattern. On the 4H Timeframe, the indicators are pointing to a bullish convergence. We expect growth in the channel after consolidation above the 38.2% retracement level. ------------------- Share your opinion in the comments, and support the idea with a like. Thanks for your support!
Long
by DeGRAM
6
GBPAUD Selling Trading IdeaHello Traders In This Chart GBP/AUD 4 HOURLY Forex Forecast By FOREX PLANET today GBP/AUD analysis 👆 🟢This Chart includes_ (GBP/AUD market update) 🟢What is The Next Opportunity on GBP/AUD Market 🟢how to Enter to the Valid Entry With Assurance Profit 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
by ForexMasters2000
GBPUSD is in the Selling Direction after breaking SupporTHello Traders In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (GBPUSD market update) 🟢What is The Next Opportunity on GBPUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit 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
Long
by ForexMasters2000
SOL BuySOL/USDT Analysis & Trade Signal Chart Overview: The Solana (SOL/USDT) chart is on a 4-hour timeframe. The price is currently in a downtrend, trading inside a descending channel. Major support zone: $124 - $112 (marked in red). Major resistance zones: $152, $177, $227, and $285. Trade Plan & Signal: 📌 Buy Zone (High Risk Entry): The price is around $124.67, which is near the support zone. The chart suggests waiting for a strong bullish candle before entering. If the price holds this support, it could trigger a reversal. 📌 Stop Loss: Below $112.93 to minimize risk. 📌 Target Levels: First target: $152 Second target: $177 Third target: $227 Final target: $285 📌 Risk Management: If the price breaks below $112, the downtrend could continue. Enter only after confirmation of a bullish reversal. Conclusion: Bullish scenario: A bounce from $124 could lead to $152+ targets. Bearish scenario: A break below $112 might push the price lower. Recommendation: Wait for a bullish confirmation before entering. Would you like further analysis or modifications in risk management? 🚀
COINBASE:SOLUSDLong
by ehsancrypto72
AUDCHF at Key Demand Zone – Potential Rebound?OANDA:AUDCHF has reached a key demand zone, where buyers have historically stepped in to push prices higher. This area has previously acted as a significant support level, making it a crucial point to watch for potential reversal signals. If price shows clear bullish confirmation, such as rejection wicks or bullish candlestick patterns, we could see a rebound toward the 0.56550level, aligning with a potential short-term uptrend. However, a break and close below this support zone would invalidate the bullish outlook and could lead to further declines. Traders should wait for confirmation before entering long positions to avoid potential false breakouts. Do you agree with this analysis? Share your thoughts below!
Long
by DanieIM
1
Best LevelsGeneral Observation: 📉 Strong Bearish Candles: After a sudden price spike, the price has undergone a sharp correction, forming strong bearish candles. 📊 Support & Resistance Levels: Several key levels are marked on the chart: 🔴 Resistance Levels: 1.00, 1.50, 2.00, and higher. 🟢 Support Levels: 0.50, 0.10, 0.05, and 0.01. 📉 Trading Volume: Initially high but then declined, indicating seller dominance and weakening buyer strength. ⚠️ Possibility of Further Decline: The price is near the 0.70 support. If broken, further drops to 0.50 or even 0.10 could follow. 🚀 Bullish Scenario: If the price reclaims 0.80, an upward move towards 1.00 might occur.
BITGET:PIUSDT
by ehsancrypto72
4
DXY Phantom Strength.While I'm making this analysis Public, its purpose is really just a 'fun' project for myself to take a look back over time to see how (if) accurate it turns out to be. what does the DXY yrTF 'tell' me? 1) the CCi has been making strong bullish moves (+100) away from the average price... while price has been printing LH's. 2) 2007 has been the only year (since 1980) with a CCi -100 Bear Push (& only just) & price printed a LL! In other words, attempts of strength by the DXY results in an actual show of Weakness (LH's)? While this has been sustained over decades, in my mind... DXY 'strength' DOES NOT RING TRUE. 3) While 2022 broke above the last LH of 16/17 (Off the HL of 2020...creating an up trend?)... yearly price has not closed above the 16/17 LH. 4) AND Price is still inside the 01/08 Bear Push Range. REMEMBERING This is a Yearly Time Frame and therefore a VERY long term analysis, it seems to me the DXY is ultimately going to Dump. 5) Short Term However, I think a move to the yrWkZ of 2002 is still possible, if not likely. $115.00 ish.
TVC:DXYShort
by EverGlowTrading
China Vanke: Assessing the Investment Potential Company Overview China Vanke Co., Ltd. ( HKEX: 2202 ) is one of China's largest real estate developers, known for its diversified portfolio spanning residential, commercial, and mixed-use properties. Established in 1984, the company has expanded its presence beyond mainland China, with projects in Hong Kong, Southeast Asia, and even the U.S. Vanke has built a reputation for sustainable urban development, integrating green building practices and smart city technologies into its projects. Despite macroeconomic headwinds, the company remains a key player in China's housing market. Financial Performance and Market Position China Vanke's financial stability has been tested by the broader real estate crisis in China, exacerbated by regulatory constraints and declining consumer confidence. The company's revenue in 2023 stood at approximately CNY 450 billion ($63 billion), marking a slight decline from previous years as property sales slowed. However, its debt-to-equity ratio remains one of the lowest among major developers, making it relatively resilient in a highly leveraged sector. Key financial highlights: • Total Assets: CNY 1.75 trillion (~$245 billion) • Net Profit (2023): CNY 17 billion (~$2.4 billion) • Debt-to-Equity Ratio: 1.1 (compared to industry average of 2.5) • Liquidity: Strong cash reserves (~CNY 150 billion) While many competitors, including Evergrande ( HK:3333 ), have struggled with debt repayment, China Vanke has maintained a more conservative approach to leverage, avoiding the severe liquidity crises that have plagued other developers. China’s Real Estate Market: Risks and Opportunities The Chinese government’s efforts to stabilize the real estate sector have had mixed results. While stimulus measures, such as reduced mortgage rates and relaxed home-buying restrictions, have provided some relief, consumer sentiment remains weak. Additionally, population decline and urbanization trends are shifting, altering demand dynamics for new developments. However, China Vanke's diverse portfolio and focus on high-demand metropolitan areas may help mitigate risks. The company's expansion into rental housing, commercial properties, and urban redevelopment projects also provides alternative revenue streams beyond traditional home sales. Stock Performance and Valuation China Vanke's Hong Kong-listed shares have declined by approximately 40% over the past two years, reflecting broader concerns about the real estate market. However, its current price-to-earnings (P/E) ratio of 6.8 suggests the stock may be undervalued compared to global peers. Valuation metrics: • Current Share Price: HKD 9.50 ($1.21) • P/E Ratio: 6.8 (historical average: 10-12) • Dividend Yield: 4.2% Given its strong balance sheet and diversified business model, some investors may see China Vanke as a long-term recovery play rather than a short-term speculative investment. Conclusion: Investment Outlook China Vanke stands out as a relatively stable player in an otherwise volatile real estate sector. While risks remain due to the broader economic slowdown and policy uncertainties, the company’s strong liquidity, diversified revenue streams, and strategic focus on urban redevelopment position it better than many of its peers. Investors considering China Vanke should weigh the potential for a long-term market recovery against the ongoing risks in China's housing sector. The company's ability to navigate regulatory changes and sustain profitability will be crucial for its future performance.
SZSE:000002
by juliakhandoshko
NZDJPY at Key Support Level – Rebound Toward 86.660?OANDA:NZDJPY is approaching a significant support zone, marked by prior price reactions and strong buying pressure. This area has historically served as a key demand zone, suggesting the potential for a bullish reversal if buyers step in. The current market structure indicates that if the price confirms a rejection from this support zone, there is a high probability of an upward move. I anticipate that if buyers defend this level, the market may head higher toward the 86.660 target, which represents a logical target within the current market structure. However, a break below this support would invalidate the bullish bias and could lead to further declines. If you have any thoughts on this setup or see an alternative perspective, feel free to comment!
Long
by DanieIM
1
CADCHF at Major Support Level – Bullish Rebound ExpectedOANDA:CADCHF is approaching a significant support zone, marked by prior price rejections and strong buying pressure. This area has historically acted as a key demand zone, indicating the potential for a pullback if buyers regain control. The current market structure suggests that if the price confirms a rejection from this support zone, there is a high likelihood of an upward move. I anticipate that if rejection occurs, the market may head higher toward the 0.62870 level, which represents a logical target within the current market structure. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
Long
by DanieIM
1