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Supportandresistancezones

SOL as a US reserve? Trump's new idea.Hello everyone, I invite you to a review of SOL paired with USDT over a wide interval of one weekend. As we can see, the price was moving in a downtrend channel from which the top emerged and here you can see how we are staying above this channel. We also have a visible upward trend line along which the price is currently moving to maintain the upward trend. Going further, it is worth noting that the price again returned above the support zone from $203 to $185, and below the zone there is strong support at $165, which kept the price from falling to around $142. Looking the other way, it can be seen that the price first has to face a very strong resistance zone from $238 to $261, only when it manages to break out of it, the path towards $300 will open.
Long
by cryptodailyuk
Intraday Levels for Nasdaq 100 Futures - 01/15/20225This analysis focuses on the Nasdaq 100 Futures, aiming to identify potential support and resistance levels where the price could experience intraday bounces or trend reversals, as well as zones where the price might potentially break higher or move lower. Considerations The range used in this analysis serves only as a reference for broader-level insights. For intraday operations, it is advisable to utilize a lower timeframe to refine entry and exit points more accurately. To confirm the validity of these levels, it is essential to evaluate real-time conditions as the price approaches these zones. Factors such as pressure, trading volume, and Order Flow will play a critical role in determining whether these supports hold or are likely to be broken.
CME_MINI:NQ1!
by Giovanni_Bandini
Intraday Levels for Nasdaq 100 Futures - 14/01/2024This analysis focuses on the Nasdaq 100 Futures, aiming to identify potential support and resistance levels where the price could experience intraday bounces or trend reversals, as well as zones where the price might potentially break higher or move lower. Considerations The range used in this analysis serves only as a reference for broader-level insights. For intraday operations, it is advisable to utilize a lower timeframe to refine entry and exit points more accurately. To confirm the validity of these levels, it is essential to evaluate real-time conditions as the price approaches these zones. Factors such as pressure, trading volume, and Order Flow will play a critical role in determining whether these supports hold or are likely to be broken.
CME_MINI:NQ1!
by Giovanni_Bandini
Where & How to Draw Strong Support and Resistance Lines & Zones In this article, I will teach you how to draw support and resistance. We will discuss support and resistance lines, levels, zones. You will learn where and how to find it properly with simply technical analysis technique that works on forex, gold or any other financial market. First, let me note that the most reliable time frame for support and resistance analysis is the daily . The structures that you will find there will be appropriate for day trading, scalping and swing trading. Once you open a daily time frame, you should choose a correct perspective . Because this t.f lets you see the price action even for the past couple of years. You need to see the market movement for the last 2 months . It is more than enough to identify the recent key levels. Above is AUDUSD on a daily. We see the price history for 2 months. In order to identify significant supports and resistances, simply find the levels - the highs and lows that the market respected in the past and from where important movements started. These are all such highs and lows that meet the criteria. When I do the support/resistance analysis, I prefer to perceive it as clusters - the zones , taking into consideration the candle closes as well. A support zone will be based on the level of the critical low and the lowest closest candle close. A resistance zone will be based on the level of the high and the highest closest candle close. Following such a rule, here are the zones that I identified. All the clusters that are identified will be applied as trading zones. Within the supports, we look for buying opportunities. While the resistances will be used for selling . Depending on your trading style, and you choose a proper signal before you execute the trade. Execute support and resistance analysis with care and attention, because it is the absolute basis of any technical analysis strategy. With incorrect key levels identification, even the best trading strategy will fail . I hope that the method that I showed you will help you in your trading journey. ❤️Please, support my work with like, thank you!❤️
FX:XAUUSDEducation
by VasilyTrader
8
AUDNZD: Bearish Setup at Key ResistanceThe currency pair is testing the upper resistance zone following a recovery from previous lows. This movement reflects market hesitation around the key levels, with both buyers and sellers showing strength at different intervals. What does this imply? A decisive move is yet to emerge, but the setup suggests potential bearish momentum in the short term. At present, the price has approached the resistance zone marked between 1.1117 and 1.1150. Historically, this zone has acted as a strong barrier, with sellers often stepping in to push prices lower. The price has yet to break and consolidate above this resistance, making it a critical trigger point for decision-making. I expect a rejection from the resistance zone near 1.1117. A failed attempt to break above this level, followed by bearish price action, could signal a move toward the support at 1.1025. The price may then test the lower consolidation zone around 1.0800 if bearish momentum persists. However, the pair could also be breaking through the resistance zone and consolidating above it. In such a case, the bias could shift toward bullish continuation, with targets set at higher levels.
Short
by TrendDiva
1
NZDJPY: Bullish Setup from Key Demand ZoneThe NZDJPY pair is approaching a significant demand zone, marked by prior price reactions. This area has previously acted as a strong support level, where buyers regained control. The current market structure indicates the potential for a bullish continuation from this zone. If the price confirms a rejection through bullish price action, such as a strong bullish engulfing candle or long wicks rejecting the support, I anticipate a move toward the 88.450 level. This is a logical target for this setup aligned with the short-term bullish momentum and price recovery from the demand zone. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
Long
by DanieIM
BULLISH REVERSAL SETUP SEEN IN HBL ENGINEERING LTD📊 StockTrade Setup Details Name: NSE:HBLENGINE HBL Engineering Ltd. Exchange: NSE (National Stock Exchange, India) 📈 Current Market Price (CMP): ₹527.85 💡 Key Levels: 🚀 Entry Point: ₹494.40 Buy when the price reaches this level (near support). ❌ Stop-Loss (SL): ₹472.25 Exit if the price drops below this level to minimize losses. 🏁 Take-Profit (TP) Levels: TP1: ₹518.65 🏆 (First conservative target). TP2: ₹594.40 🥈 (Moderate profit zone). TP3: ₹702.50 🥇 (Aggressive target for maximum gain). ⚖️ Risk-to-Reward Ratio (RRR): Risk: Entry to SL: ₹494.40 - ₹472.25 = ₹22.15 Reward: TP1: ₹24.25 ➡️ RRR ~ 1:1.1 TP2: ₹100.00 ➡️ RRR ~ 1:4.5 TP3: ₹208.10 ➡️ RRR ~ 1:9.4 📈 Technical Observations 📉 Trend Analysis: A sharp bearish move recently (large red candle). Anticipating a bullish reversal from the support zone. 🛠️ Support Levels: Zone: ₹472 – ₹494 SL is placed slightly below this zone for risk management. 📏 Resistance Levels: TP1: ₹518.65 TP2: ₹594.40 TP3: ₹702.50 Extended Target: ₹740.35 📊 Volume: Moderate to high volume shows active trading interest. 🔴Disclaimer: I am not a SEBI-registered advisor. Investments and securities are subject to market risk. Please Read carefully this idea.This analysis and the suggested levels are for educational purposes only Trade responsibly and at your own risk. If you find this analysis helpful, please like and share @Alpha_strike_trader
NSE:HBLENGINELong
by Alpha_strike_trader
Bearish Pressure Builds on Cotton: Strategic Levels to FollowCotton price is trading in a descending channel, signaling continued bearish momentum. A potential breakout below minor support suggests further downside ahead. Analysis: Current Price Action: Cotton is at 66.62, near minor support, with a potential break signaling further bearish continuation. Key Levels: Resistance at 67.80–68.00; major support around 62.00 at the channel's lower boundary. Projection: Sellers could push prices to 61.99, while a retest of 68.00 may confirm the bearish setup if rejected. Trend Outlook: The downtrend remains unless prices break above the channel resistance. Keep an eye on the evolving trade scenario.
PEPPERSTONE:COTTONShort
by TrendDiva
GBPCHF - Potential Buy From Key Support ZoneThe GBPCHF pair is approaching a critical demand zone, which is marked by historical price reactions and strong support levels. The current market structure suggests the potential for a reversal from this area. If buyers regain control, we could see a move higher. I anticipate that if the price confirms a rejection from the demand zone, there is a high likelihood of upward movement toward the 1.12000 level. This aligns with the expectation of trend exhaustion near this support zone. If you have any additional insights or a different perspective, feel free to share your thoughts!
Long
by DanieIM
1
EURCHF strong bullish expectations for next periods OANDA:EURCHF highly interesting chart, many pulls back, strong zones and nothing special we are not see still, here having strong bullish expectations for next periods, let's analyze. Trend line visible (doted line), price is make few push on her, but we can see there are not bi with some strong returns, long moves, after pushes are come pull backs. Currently price is on strong zone, and SYMMETRICAL pattern is visible and ASCENDING TRIANGL pattern is visible, their structure are much more better visible on lower TFs 2 and 1h. Here on todays events expecting bullish push SUP zone: 0.93700 RES zone: 0.94750, 0.95000
Long
by DepaTrading
Rites BO after accumulationThe stock is showing a breakout (Bo) after accumulating at support levels. This presents a favorable risk-reward ratio (R:R) for trading, especially with a small stop loss (SL). Volumes are also shooting 'up. It's worth noting that there’s a trendline that has been respected for a long time. Breakout should be with a strong candle (TF as we used in chart); then the entry will be after the consecutive candle which should be breaching the breakout candle. Do your own research before investing
NSE:RITESLong
by ShivNetha