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Support and Resistance

Xauusd up trend breakdown ahead sell stron📉 OANDA:XAUUSD Technical Breakdown – 1H Timeframe Gold has broken below the uptrend structure, signaling a strong bearish momentum. We're now entering a SELL position at 3296, aligned with current technical signals. 🎯 Target Levels: ▫️ 1st TP: 3255 ▫️ 2nd TP: 3220 ▫️ 3rd TP: 3170 ▫️ 4th TP: 3135 🔍 Price action confirms the shift, and momentum indicators support downside continuation. Stay sharp and manage risk accordingly. Trade smart, – Livia 😉
OANDA:XAUUSDShort
by LIVIATRACK
3
EUR/GBP Breakdown in Play: Time to Target the Next Support Below🔍 Technical Analysis Summary: EUR/GBP (Daily) The pair is in a clear downtrend, with two descending blue trendlines confirming strong bearish pressure. After breaking below key support (now turned resistance), the price is forming lower highs and lower lows, a classic bearish continuation pattern. Currently, price is testing the trendline zone after a steep rejection, indicating renewed selling interest at resistance. Price failed to break above recent structure, validating the short setup further. 📉 Bearish Confluences 1. Descending Trendline The price respects a multi-month downward trendline, rejecting it multiple times — confirming institutional selling interest. 2. Failed Retest of Structure (0.8465) This level acted as prior support and has flipped into strong resistance. Price was rejected upon retesting, validating bearish continuation. 3. Momentum Shift Candlestick structure and shrinking bullish bodies near resistance show fading bullish momentum — favoring sellers. 4. Lower Highs and Lower Lows The chart clearly prints lower highs, indicating continuous bearish structure since early April. ✅ Trade Setup: Short Position • Entry Point 🟡 Current market price around 0.83710–0.83740 after rejection from resistance • Stop Loss (SL) 🔴 Above recent resistance and trendline at 0.84650 • Take Profit 1 (TP1) 🟢 Near recent support zone at 0.83234 • Take Profit 2 (TP2): 🟢 Near major trendline confluence / stronger support at 0.82218 📌 Final Thoughts This EUR/GBP short setup is technically sound: • It aligns with the overall trend • Resistance has been confirmed with rejection wicks and weak bullish candles • Bearish structure and trendline resistance remain intact 💡 Unless EUR/GBP breaks above 0.84650, the bias remains bearish, and this setup favors a continuation toward lower supports.
Short
by SupertradeOfficial
GBPJPY Ascending channel breakdown selling from supply zone📉 GBPJPY Analysis – 4H Timeframe by Livia 😜 We’ve seen GBPJPY break below the ascending channel, confirming downside momentum. Price has already completed a textbook retest of the supply zone around 196.000, showing strong rejection. 🟢 Sell Entry Activated: 195.800 This level aligns perfectly with the breakdown structure and prior support turned resistance. 🎯 Technical Targets: 1️⃣ First Target – 192.600 (key structural support) 2️⃣ Second Target – 190.600 (major swing low & potential demand area) 🔍 Outlook: Bias remains bearish while price holds below 196.200. Expect increased volatility near 193.000 but momentum favors continued downside. Risk wisely, trade smart. Let’s ride this wave 🌊 #GBPJPY #ForexTrading #PriceAction #TechnicalAnalysis #LiviaTrades
Short
by LIVIATRACK
1
Smart Money waits for the retracement, not the breakout.” TradingView chart for EUR/USD (30-minute ) 🧠 Smart Money Concepts (SMC) Breakdown: 🟨 Bullish Zone (Demand) Marked in yellow, this is the strong demand zone where price recently reversed. This zone aligns with a potential order block or a liquidity grab. 🟩 Green Box (Potential Re-entry Zone) This is your optimal trade entry (OTE) zone. Price is expected to retrace to this zone after facing resistance at the red supply zone. It aligns with the discount level (below 50% of recent move). 🟥 Red Box (Supply Zone / POI) Price is currently reacting to this zone. This may be a short-term rejection point leading to the expected retracement. 🟦 Blue Box (Higher-Timeframe POI / Supply) A major target zone likely acting as liquidity above swing highs. If price breaks and holds above red zone, this is the next target for longs. 🟩 Light Green Box (Final Target / Weekly Level) Likely a weekly supply level or final target for a full bullish expansion. --- 📈 Projection (Dashed Arrows): 1. Short-Term Bearish Move: Price dips into green demand zone. 2. Long Entry from Demand: Potential bullish continuation from green zone to break above red. 3. Target Blue Supply: If red is broken, price will head to the blue zone next. --- Highlight entry point near green box for 1:3+ RR. Show retracement plan instead of immediate breakout. Emphasize liquidity hunt at red zone before continuation. “ --- Would you like me to do analysis of. Other pair , mention in comments,🖇️
by Greenfireforex
BTC Trendline Breakdown? Bearish Setup Brewing!📉 #Bitcoin has recently broken its key trendline after making a new All-Time High (ATH). This could be the first major sign of a trend reversal. Here’s what we’re seeing: 🔹 Trendline Broken: The uptrend has been broken — a significant technical signal. 🔹 Retesting the Break: Price is currently retesting the broken trendline, a classic move before continuation. 🔹 Triple Touch Confirmation: The trendline was respected with 3 clear touches during the uptrend — increasing the validity of this break. 🔹 Support Still Holding: We’re watching a major support level below — a break here would confirm bearish momentum. 🚨 Strategy Plan: If the support level breaks and #BTC retests it as resistance, we’re planning a short position with strict risk management. Patience is key — wait for confirmation before entering! 🛡️ Risk Management First. Always. Don't rush into a trade — wait for a clean breakdown and retest for a high-probability entry. 📊 What do you think? Is #BTC ready to reverse, or will the bulls defend the trend? 👇 Drop your thoughts in the comments. ❤️ Like this idea if it helped you. ✅ Follow for more #BTC setups and real-time updates! #BTCUSD #Bitcoin #CryptoTrading #TrendlineBreak #ShortSetup #TechnicalAnalysis #BearishReversal #PriceAction #TradingStrategy
Short
by mudusir
DeGRAM | EURUSD retest of the support📊 Technical Analysis ● Price rebounded off the flag base (1.128) and reclaimed the inner grey trend-median, keeping the sequence of higher-lows inside the two-year rising channel. ● The flag’s upper rail at 1.145 has been tested twice; a close above completes the pattern and projects to the channel roof / horizontal confluence at 1.1600, while dynamic support rises with the violet breakout line at 1.1214. 💡 Fundamental Analysis ● Euro stays bid after May EZ headline CPI re-accelerated to 2.6 % y/y, tempering expectations for aggressive ECB cuts, whereas weaker US ADP hiring and cooling core-PCE pressured real yields and the dollar. ✨ Summary Long bias above 1.128; flag break > 1.145 targets 1.1600, stretch 1.1950. Invalidate on daily close < 1.1080. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Long
by DeGRAM
1
USDCHF LONG Looking at the daily chart we have a Double bottom formed after a change of character. There will be liquidity below this double bottom so I am expecting a Liquidity sweep into this area below and then a drive to the upside. Target being this area of Supply above marked. Plan will be once liquidity swept wait for break of structure to the upside on the 1H minimum. (Anything lower time frame than this will not be valid for me) In line with bullish momentum I will look to find a Demand zone formed on the 60minute or potentially the 15min to refine. Trade will likely look like the chart but entry and SL will be determined by movement between now and my Entry criteria being met. Early days but a nice LONG setting up.
Long
by craiguu1z1
XRP Is Quiet—But This Calm Is Deceptive!Yello Paradisers—have you noticed how #XRP isn't on anyone’s radar right now? It’s not trending, no one’s hyping it, and to many, it’s just another slow mover. But here’s the thing: this type of silence often comes before the real storm, and the technical are quietly lining up. 💎#XRPUSDT is seeing now a period of consolidation The 1D bullish trend structure has been broken, and since then, price has entered into a tightening consolidation phase. While this may seem like indecision, it’s more likely a preparation for a potential high-probability upside expansion. 💎Price is now hovering just above the 0.786 Fibonacci level (~$2.25), which has started acting as a soft support. This is not a level to blindly trust, but one to monitor for reactions. If price manages to hold here, the next high-probability target lies at the short-term resistance around $2.5917, followed by major resistance at $2.9480, which aligns with a broader liquidity zone. 💎One key factor to keep in mind: the descending trendline liquidity has not been swept for a long time. That uncollected liquidity still sits just overhead, and markets usually don’t leave such inefficiencies behind forever. A spike toward that zone becomes increasingly probable the longer we range here. 💎At the same time, the MTF EMA on the daily chart is acting as a soft dynamic resistance, pushing the price down gradually. This setup increases the probability that we may see another touch of the 0.786 level. If that fails to hold decisively, the next likely area of interest will be the major support zone around $2.00. 💎Still, that major support remains unbroken and continues to act as a probability-backed structure for potential bullish defense. Until we get a clean daily candle close below $1.791 (invalidation level), this entire zone remains technically favorable for a potential reversal or liquidity sweep to the upside. We are playing it safe right now, Paradisers. If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
3
NzdUsd Trade IdeaWith NU flipping bullish on higher time frames my priority was to go long on the pair as long as the smaller time frame could give some type of long opportunity to support the higher time frame bias. NU broke and retested a level of resistance with bullish structures in play to support the long idea. If all goes well we could expect price to tap back into the high and potentially end the week creating a new high. I'll be targeting a 1:3rr on this set up. We'll see how it goes.
Long
by OfficialJ23
Gold Rejection in Focus – Will Bears Take Control?As anticipated from recent price action, gold’s latest movement may be signaling weakness and could act as a key trigger for short sellers. This is why I anticipate increased short-selling activity ahead. The bearish outlook is still intact. However, a rebound from resistance followed by rejection could once again attract sellers, setting the stage for a move toward the 3,180 support zone, which aligns with the upper boundary of the descending channel. That said, failure to stay below this level could invalidate the bearish scenario and increase the likelihood of a pullback toward the upper line of the channel. Before considering any short positions, look for clear bearish confirmation signals—such as a bearish engulfing candle, strong wick rejections from resistance, or rising sell volume. Please note, I will not get involved without proper confirmation.
OANDA:XAUUSDShort
by LucasMgoldview
1
USD/JPY Reverses from ResistanceUSD/JPY is poised to snap a three-day winning streak with price reversing today at the 61.8% retracement of the monthly range. A decline of more than 1.5% from the highs puts the immediate focus on the monthly range lows with a break needed to mark resumption of the broader downtrend. Monthly open support rests at 143.06 and is backed by the May opening-range lows (ORL) at 142.35. A break below this threshold exposes the yearly low day close (LDC) at 141.56 and key support at the December lows / 61.8% retracement of the 2023 advance at 140.25/49- look for a larger reaction there IF reached. Initial resistance stands at 146.15 and is backed by the 78.6% retracement at 147.25. A topside breach / close above the upper parallel (blue) is needed to invalidate the yearly downtrend with subsequent objectives eyed at 148.39/65 and the 200-day moving average / March high-day close (HDC) around 149.46/50. Bottom line: USD/JPY exhausted into technical resistance this month with today’s reversal threatening resumption of the broader downtrend. From a trading standpoint, rallies should be limited to 147.25 IF price is heading lower on this stretch with a close below the monthly range needed to fuel the next leg of the decline. -MB
by FOREXcom
DeGRAM | BTCUSD continues to move in the channel📊 Technical Analysis ● 108.7-109 k has held for the fourth time, flipping the purple retest line into solid support; each bounce prints a higher low, sketching a rising triangle inside the medium-term channel. ● A 6 h close above the triangle cap at 111.2 k should unleash a measured 13 k thrust toward the channel’s roof / red supply at ≈122 k. 💡 Fundamental Analysis ● Glassnode shows another 24 k BTC left exchanges in May while US spot ETFs recorded five consecutive inflow days, tightening tradable supply even as macro volatility fades. ✨ Summary Buy 108-110 k; breakout >111.2 k targets 115 k → 122 k. Invalidate on a 6 h close below 105 k. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Long
by DeGRAM
2
Obscure? Yes. But its returns should not be ignored.I went long RB Global at the close today. Zoom out and you'll see a pretty beautiful chart for a company nobody reading this has probably ever heard of. It's been in a nice uptrend for the past 2 years and just put in an all time high a week ago, so it has good momentum. Obviously, it's also trading above its 200d MA. It has support right here, as well as about 6% below where it's at now, but I'm betting it won't need that. The last 20 times this setup has occurred, going back to early 2021, all 20 were wins. The average gain was 2.46% in an average of 1.85 trading days (31x the long term average daily return of the market as a whole). Maybe even more impressively, none of those trades would have closed in more than 4 trading days, and that only happened twice. 11 of 20 closed in one trading day. 25% of the trades netted 4% or more, with the largest win being 10.7% in a single day. The setup doesn't usually continue for more than one day, but if it does, I will add to my position. My plan is to close on the first profitable close, provided the gain is substantial enough. I may hold longer, and if I do, I may close intraday (especially right at the open if it's a strong open on the day following its FPC. As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
NYSE:RBALong
by redwingcoach
4