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Support and Resistance

DeGRAM | EURUSD formed the double top📊 Technical Analysis ● A double-top printed at the channel roof (≈ 1.1600) and a bearish engulfing candle signal exhaustion; price is slipping back inside last week’s inner trend-median, turning 1.1550 into fresh resistance. ● Hourly RSI diverged lower and the grey return line from 1 June has broken; pattern depth points to 1.1500 support, with the channel mid-band / former triangle apex near 1.1470 as the next magnet. 💡 Fundamental Analysis ● Post-CPI profit-taking meets cautious ECB rhetoric: Lagarde reiterated “no preset easing path,” yet money-markets still price two Fed cuts by year-end, inviting near-term dollar reprieve. ✨ Summary Short 1.1540-1.1560; break below 1.1520 targets 1.1500 → 1.1470. Bear view void on an H1 close above 1.1600. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Short
by DeGRAM
1
GOLD's rise has been steady, decisive move aheadGold is the focus, plain and simple. We’re in an ascending channel, and price is respecting that structure with precision, higher highs, and no major signs of exhaustion yet. Recently a clear resistance level was just taken out, and now I am watching for the classic retest. That breakout? A big deal, and a strong clue as well. If that zone holds as support, that’s a green light for a potential upmove toward 3,460 which matches the top of the channel. But if it fails, we could expect a slight pullback, it might mean we could be in for a healthy dip before the next move. Bottom line: follow the structure, and don’t force trades here without confirmation first
PEPPERSTONE:XAUUSDLong
by TrendDiva
35
THE KOG REPORTTHE KOG REPORT In last week’s KOG Report we said we would want the lower level red box to be tested and rejected in order to give us the move upside into that 3330-35 region where we wanted to monitor the price for the short. We managed to get a pin point move, however, we had to exit the short trades early due to the support level holding us up. We then continued to follow Excalibur and the red box indi’s which were suggesting higher pricing and by the end of the week we had completed all our bullish above target levels, plus Excalibur trade targets and LiTE again performed at 100% accuracy. A phenomenal week in Camelot, not only on Gold but the numerous other pairs we trade, analysis and post on. So, what can we expect from the week ahead? For this week we can expect some gaps on open which is going to make it difficult due to skewed data. We will however stick with the red box levels and the tools we have to make a plan for the two scenarios we may see potential of. Scenario one: Price opens and gaps upside, we’ll be looking for the levels of 3455-60 for a potential reaction in price, if achieved, an opportunity may be available to short there back down into the 3450, 3443 and 3435 levels. Scenario two: If we do open and gap downside, we’ll look for the levels of 3430-23 to hold us up, and if achieved, an opportunity to long there back up into the 3450-5 level and in extension of the move 3465 may be available. It’s a difficult one again as no one knows how the market is going to open and what is going to happen. So we’ll update traders as much as we can during the day and the week with KOG’s bias of the day and red box target levels KOG’s bias of the week: Bearish below 3465 with targets below 3425, 3420, 3410 and 3406 Bullish on break of 3465 with targets above 3477, 3485, 3492, 3495 and 3503 Red Boxes: Break above 3435 for 3443, 3448, 3465 and 3476 in extension of the move Break below 3420 for 3410, 3406, 3397, 3385 and 3380 in extension of the move Many of our followers and traders have seen the power of the red boxes, Imagine this on your own TV screen, 4H for swing trading, 1H for day trading and 15min for scalping. Any pair on any chart 23hrs a day. Add to that the Knights indicator giving you swing points, key levels and retracement levels and our custom volume indicator telling you when to long, when to short and when to stand back from your trades. LEARN AND GENERATE YOUR OWN SIGNALS. You don't need any of us to guide you. Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
16
Bitcoin Attepmpts a Comeback with the Break of 106350Bitcoin is break above the key 106350 resistance and continues to rise. As long as BTC stays above this level, short-term bullish outlook remains intact. The biggest risk for crypto right now is its correlation with the stock market. With the July 9 tariff deadline approaching and the Israel–Iran conflict raising broader market and oil price risks, a potential selloff in equities could weigh on crypto as well. The good news for crypto is Ethereum's strength. In the last bull cycle, when BTC neared the cycle top, ETH began to lead, pulling altcoins up with it. While the market doesn’t appear to be at that stage just yet, recent inflows into Ether ETFs suggest that BTC could be nearing its final leg higher. In the short term, 108350 is the first level to watch.
by ftdsystem
USDJPY Long potential setupWhat's going on? USDJPY – Reload Zone Marked. If They Take Me Out, I’ll Be Waiting Lower. Discipline means you don’t chase. You wait where the market must return. Currently in 2 buys, one is an added position, then I moved my stop in from the purple line— but if those get wicked out, I’m hunting the next key demand zone just beneath 144.10. Where we'll have a textbook spring setup! 🧠 What I See: We're forming a potential micro accumulation structure. If the current position gets taken out, I’ll reload lower at the spring aligned with the prior reaction low + liquidity sweep zone. 🎯 Next Area of Interest: Zone: 144.00 – 144.10 📌 Target Remains: 144.76 → 145.36 1.618 extension aligns with supply inefficiencies & range completion --- > “Stop loss isn’t failure. It’s recon. The second entry — that’s where pros feast.” I’m not trading emotion. I’m trading plan + precision + execution.
Long
by theeOperator90
Gold Reclaims Bullish Zone—Perfect Time for a Swing EntryGold has once again reclaimed bullish momentum after breaking through the key support zone around $3,412, previously a stubborn ceiling that had acted as resistance multiple times throughout late May and early June. The break above this level—validated by a decisive green Supertrend flip—indicates a short-term trend reversal in favor of buyers. After a brief consolidation phase, XAUUSD formed a solid breakout candle, confirming upward momentum. The current price action sits comfortably above the Supertrend line, which is now acting as dynamic support, while volume has picked up notably during the move up—an important confirmation of institutional interest and breakout strength. Trade Setup Breakdown • Entry: Above the $3,412 breakout area (now acting as support) • Stop Loss: Below the key support zone, ideally near $3,373–$3,375 to allow for wick re-tests and avoid premature exits • Target/TP: Resistance zone marked near $3,484–$3,500, which aligns with a prior consolidation ceiling from late April and early May. This target offers a risk-reward ratio of approx. 2.3:1, which is favorable for a swing position. • Re-entry Opportunity: If gold retraces back to the $3,373–$3,383 zone (support cluster), it would provide a high-probability re-entry while keeping the same TP of $3,500. Why the Bias Is Bullish 1. Structure Break & Supertrend Flip The key breakout above previous resistance was clean and confirmed by the Supertrend flip to green, a historically reliable short-term bullish signal. 2. Volume Confirmation Volume spikes on the breakout candles confirm real buying pressure—not just a false breakout or low-liquidity movement. 3. Support Retest Potential The $3,412–$3,383 zone now forms a strong demand area where buyers are likely to defend their positions if price pulls back. This zone also aligns with historical congestion from earlier price action. 4. Macro Context (Not in chart but relevant) Ongoing economic uncertainty, rising global tensions, and interest rate speculation continue to boost gold's safe-haven appeal. Traders are increasingly rotating into gold during periods of macro volatility. Outlook Gold is likely to continue climbing toward the $3,500 mark unless it closes below $3,373 on high volume. Bulls appear to be in control, and even a minor pullback could serve as a buying opportunity. As long as the price remains above the flipped Supertrend and $3,373 support, the bullish case remains intact.
OANDA:XAUUSDLong
by SupertradeOfficial
ETHUSDT Daily: Navigating the "Deciding Area" Chart Overview: The ETHUSDT Daily chart presents a compelling narrative of a significant uptrend, followed by a sharp correction, and now shows price approaching a critical inflection point. Key support and resistance zones, along with a crucial trendline, define the current market structure. The chart is labeled "Bullish," suggesting the analyst's long-term bias or expectation of a continuation of the prior uptrend. 1. The Prior Bullish Trend (Late 2023 - Early 2025): Long-Term Uptrend Line (Green): From around September 2023 into early 2025, ETHUSDT exhibited a strong bullish trend, respecting a clear upward-sloping trendline (highlighted in green). Price consistently found support on this trendline, indicating robust buying pressure and a controlled ascent. Key Resistance ($3900 to $4000): During this period, ETH encountered significant resistance around the $3900 to $4000 zone. This area represents a supply zone where sellers stepped in, preventing further upward movement on multiple attempts. 2. The Major Correction & Trendline Breakdown (Early 2025): Sharp Downturn: In early 2025, ETHUSDT experienced a steep and aggressive correction. This bearish impulse led to a decisive breakdown below the long-term green uptrend line. Shift in Momentum: The breach of this established trendline was a critical event, signaling a significant shift in short-to-medium term momentum from bullish to bearish. 3. Finding Support & Bounce Back: Weekly Support ($2000 to $2200): After the breakdown, price found initial strong support in the $2000 to $2200 zone. This area had acted as a crucial pivot in previous price history, demonstrating its significance as a demand zone. Strong Support ($1400 to $1500): Below the weekly support, the $1400 to $1500 zone is identified as "Strong support." This would be the next major demand area if the 2000−2200 level were to fail. The chart shows price briefly dipping below the 2000−2200 zone before finding a base and initiating a strong rebound. Recent Bounce: The current price action shows a strong bounce from the lows reached after the trendline breakdown, indicating renewed buying interest and an attempt to recover. 4. The "Deciding Area" ($2900 to $3000 & Red Trendline): Confluence of Resistance: The most critical area on the chart is the "Deciding Area," which represents a confluence of significant resistance levels: The Former Green Trendline (now acting as resistance): What was once a strong support trendline has now likely flipped to become a resistance trendline (implied by the red line, which is parallel or an extension of the green line). Price often retests broken trendlines before continuing in the new direction. Horizontal Resistance Zone ($2900 to $3000): This grey box aligns with previous support/resistance levels and now acts as a key overhead supply zone. Current Price Engagement: Price is currently approaching the lower boundary of this "Deciding Area." This zone will determine the immediate future direction of ETH. Potential Scenarios: Bullish Continuation (Breakout): If ETHUSDT can successfully break above the "Deciding Area" ($2900 to $3000 zone and the red trendline) with strong volume, it would signal a significant shift in buying conviction. The next logical target would be the "Key Resistance $3900 to $4000" area, and potentially a retest of its all-time highs. The current bullish arrow on the chart suggests this is the anticipated move if the "Deciding Area" is breached. Bearish Rejection (Reversal): A strong rejection from the "Deciding Area" could see ETHUSDT consolidate or retrace back towards the "Weekly Support $2000 to $2200" zone. A failure to hold this support could then lead to a test of the "Strong Support $1400 to $1500." Conclusion: ETHUSDT is at a pivotal point, engaging with a highly significant "Deciding Area" that combines both horizontal and trendline resistance. The ability of the bulls to push through this zone will be crucial for determining whether the rally from the recent lows can continue towards prior highs or if ETH will face another period of consolidation or deeper correction. Traders should closely monitor price action and volume at these critical levels for confirmation of the next directional move. Disclaimer: The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.
Long
by ManiMarkets
SYRUP consolidates for rallySYRUP - is testing ATH while the crypto market is in correction. We can conclude that this coin is stronger than the whole market and can continue its rally after accumulating the right potential. Focus on the mirror support level 0.4600 - the round number gives strength to this level. After a false breakdown, the coin is consolidating in the buying zone. A break of the downside resistance will trigger a rally Scenario: If the consolidation above 0.4600 continues and the coin breaks the downside resistance, a breakout and consolidation above 0.49450 will attract new buyers, which will only strengthen the rally.
Long
by AndeWave
1
BTCUSDT Daily: Analyzing Key Support & ResistanceChart Overview: BTCUSDT Chart indicates the price action from a bearish phase into a significant bullish reversal and subsequent consolidation. Key price levels, market structure shifts, and Fibonacci retracement zones are highlighted, offering potential areas of interest for traders. 1. The Bearish Phase & Breakdown (February - April): • Initial Downtrend: The price initially depicts a downtrend characterized by a series of lower highs and lower lows, indicating strong bearish control. • "Break Down": In late February/early March, price decisively broke below a significant support level (indicated by the "Break Down" label). This confirmed the continuation and strength of the bearish momentum, pushing BTCUSDT to lower lows around the $76,000 region. 2. The Market Structure Change (Late April - Early May): • Trend Reversal: Following the lows in April, we observe a strong bullish impulse. This rally culminated in price breaking above a critical resistance zone (highlighted by the upper grey box labeled "Market Structure Change"). • Significance: This "Market Structure Change" is a pivotal event. It signifies a shift from bearish control (lower highs/lows) to bullish dominance (higher highs/lows), as previous resistance becomes potential support (a "flip" level). This is often the first major sign of a trend reversal. 3. The Bullish Impulse & All-Time High (May - Early June): • Strong Uptrend: After the market structure change, BTCUSDT experienced a powerful bullish move, establishing new higher highs. • "All Time High at $112,000": The price reached a new all-time high around $112,000 (specifically labeled as 111,999.0). This peak marks the top of the measured bullish impulse, which serves as the anchor point for the subsequent Fibonacci retracement. 4. Current Consolidation & Fibonacci Retracement (June - Present): • Pullback from ATH: Following the new all-time high, BTCUSDT has pulled back and entered a period of consolidation, exhibiting a ranging behavior. • Fibonacci Retracement: A Fibonacci retracement tool has been applied from the significant swing low (around $93,389.7, which is the 1.0 Fib level relative to the ATH) to the "All Time High." This tool helps identify potential support levels where price might find buyers during a pullback. o "Daily Immediate Support": This area, approximately between $102,694.4 (0.5 Fib) and $100,498.5 (0.618 Fib), has acted as strong immediate support. Price has bounced from this zone multiple times, confirming its significance. The 0.618 Fibonacci level is often referred to as the "Golden Ratio" and is a highly watched retracement level for potential reversals or strong support. o "Daily Key Support": This deeper support zone, around $93,389.7 (which aligns with the 1.0 Fib of the previous swing and the prior "Market Structure Change" area), represents a critical level. If the "Daily Immediate Support" fails, this zone would be the next major test for bullish continuation. Its alignment with the previous market structure change adds to its importance as a "flip" level (former resistance turned support). • "Daily Target": The label "Daily Target" is positioned near the previous highs/resistance. In the current context of consolidation and pullback, this area now acts as a key resistance zone that bulls would need to overcome to resume the uptrend towards new all-time highs. It represents the immediate bullish objective. Potential Scenarios: • Bullish Continuation: If BTCUSDT continues to hold above the "Daily Immediate Support" (green zone) and then breaks above the "Daily Target" resistance with conviction, it would signal a likely continuation of the uptrend towards new all-time highs above $112,000. • Deeper Retracement: A breakdown below the "Daily Immediate Support" would likely lead to a test of the "Daily Key Support" (lower grey zone). A strong bounce from this level would still keep the bullish structure intact for the larger timeframe. • Trend Invalidaton/Reversal: A decisive break below the "Daily Key Support" (lower grey zone / 1.0 Fib of the prior swing) would be a significant bearish development, potentially invalidating the recent bullish market structure and indicating a deeper correction or even a reversal of the current uptrend. Conclusion: BTCUSDT is currently in a consolidation phase after a strong rally to new all-time highs. The immediate focus is on whether the "Daily Immediate Support" holds. Traders should closely monitor price action around both the immediate and key support zones, as well as the "Daily Target" resistance, for clues on the next directional move. Volume confirmation for any breakouts or breakdowns will be crucial. Disclaimer: The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.
Long
by ManiMarkets
20250616-XAUUSD IdeaThe flag pattern in the major time frame did not succeed. Instead of breaking below the 3295 price level, the price was rejected at the top of the descending channel. Looking back, I now interpret this as a leading diagonal that initiated an uptrend. After reaching the previous high at the 3435 price level, a rising wedge pattern has formed. On the smaller time frame, there are shorting opportunities. Long opportunities may appear when the price hit the uptrend line.
OANDA:XAUUSD
by Jerry_CTL
BTC/USDT Technical Analysis, 2025-06-15 14:00 UTCBTC/USDT Technical Analysis, 2025-06-15 14:00 UTC This setup illustrates a high-probability short-term trade using confluence between technical indicators, price action, volume behavior, and order book data. Entry Conditions A potential long entry was identified around 105,289.39 based on the following: RSI (21) was in the oversold zone, below the 40 level MACD (8/18/6) histogram flipped from negative to positive, signaling momentum shift Stochastic (21,5,5) showed a %K/%D bullish crossover in the oversold region A bullish reversal candlestick pattern formed near short-term support Whale activity detected in the order book, including a 3.87 BTC buy wall EMA Ribbon (5/13) indicated a bullish crossover Take Profit & Risk Management Target level for potential profit was set near 106,489.39, representing approximately a 1.2% move from entry Stop loss was positioned at 104,689.39, around 0.6% below the entry to maintain a 1:2 risk-to-reward ratio Order Flow Context On-balance volume (OBV) was rising, supporting upward pressure Bid dominance reached 41.9%, indicating aggressive buyers in control Depth of market showed strong support from large limit buy orders Important Notes for Traders Always backtest setups before applying in live market conditions Use stop losses to protect capital
Long
by CryptoSignalsChannel
Aligning with smart money concepts and institutional order flow.XAUUSD is currently experiencing a significant decline after sweeping the liquidity resting above its previous highs. This downward movement has also resulted in a break of the key trendline, signaling potential for further bearish momentum. The market now appears to be heading toward the marked Fair Value Gap (FVG) within the demand zone, where additional liquidity is also positioned along the broken trendline. Furthermore, there's another FVG located below the current price level, providing a strong confluence for a continued drop. It’s advisable to remain patient and wait for the price to reach this FVG zone. Once it does, we could potentially find a high-probability buying opportunity from that level, aligning with smart money concepts and institutional order flow! DYOR! Not Financial Advice.
FX:XAUUSDLong
by Peter_Wade
Bank Nifty Weekly Insights: Key Levels & TrendsBank Nifty ended the week at 55,527.35 with a loss of -1.86% Key Levels for the Upcoming Week 🔹 Price Action Pivot Zone: The critical range to monitor for potential trend reversals or continuation is 55,410 to 55,645 🔹 Support & Resistance Levels: Support Levels: S1: 55,058 S2: 54,588 S3: 54,119 Resistance Levels: R1: 56,000 R2: 56,474 R3: 56,947 Market Outlook ✅ Bullish Scenario: A sustained move above 55,645 could trigger buying momentum, potentially driving Bank Nifty towards R1 (56,000) and beyond. ❌ Bearish Scenario: If the index falls below 55,410, selling pressure may increase, pulling it towards S1 (55,058) and lower levels. Disclaimer: lnkd.in
NSE:BANKNIFTY
by ALICEBLUE