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.
Trendtrading
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
AUDUSD: Potential Pullback from Key Support ZoneThe AUDUSD pair is currently trading near a key daily support zone in the 0.61600–0.62400 range, which has previously acted as strong support. This area is critical as it aligns with historical price rejections and hints at the possibility of a bullish reversal.
If buyers regain control in this zone and the price begins to show signs of upward momentum, I anticipate a move toward the 0.63700 level.
if you agree with this analysis or have any additional insights, feel free to share your thoughts in the comments!
AUDUSD → Trigger breakdown will trigger a fallFX:AUDUSD is approaching the trigger that can provoke a strong fall. Against the backdrop of a strong and rising dollar, the Aussie doesn't stand a chance yet.
The price is testing the level from the weekly timeframe, the breakdown of which will open the way to the abyss. There is no support until 0.54-0.55. Based on Trump's policy, the Fed's stance and the potential of the Australian dollar we can say that the odds are generally quite high that the price will continue its decline in the medium term expectation.
Technically, on 4H the price is approaching the level of 0.6179. A pre-breakdown consolidation is forming in relation to the level. I do not exclude an attempt to retest the local resistance before further breakout, but the general technical and fundamental situation hints at a decline.
Resistance levels: 0.6199, 0.622, 0.6274
Support levels: 0.6179
Downward channel, retest of support after false breakdown of resistance (deceptive maneuver before a strong fall). Emphasis on the trigger at 0.6179. Breakdown and price consolidation below the level will trigger a fall
Regards R. Linda!
GBPUSD → Consolidation in the selling zone held by bearsFX:GBPUSD made an attempt to grow, but could not overcome the bears' pressure zone. The reasons for the growth are the dollar correction, which was short-lived. The main trend is not broken.
On D1 the price after breaking through the key support at 1.25 tested it already as resistance within the correction. A false breakout of resistance is formed and price consolidation in the selling zone. The sharp impulse was related to the dollar, which fell after Trump's comments on rumors related to his policy. The dollar returned to the upside creating another bout of pressure on GBP.
Technically, the main trend is bearish. The price is in the selling zone and bears are not ready to give up their positions.
The risk of trend change may come after the breakout of 1.26, but it is too early to talk about it...
Resistance levels: 1.2575, 1.26
Support levels: 1.2488, 1.2449
The price is trying to consolidate in the selling zone, which generally indicates which way the market intends to go. Bears are increasing pressure and if they keep the price below 1.2488 - 1.2449, we will see a fall in the short and medium term.
Regards R. Linda!
GBPAUD new bearish expectations
GBPAUD whats next? We are have DOUBLE TOP pattern, price is make strong bearish push, currently what can see on lower TF better visible is BEARISH FLAG pattern.
Technicals are strong bearish here, personal bearish view having.
SUP zone: 2.00800
RES zone: 1.97900, 1.97100, 1.96450
ETHUSDT: Attempting a Recovery After the Dump
Hey, traders! Today, we’re focusing on $ETHUSDT. The price is trying to recover after a sharp dump, currently sitting at 3,345.52 USDT . We see a support level at 3,308.46 USDT , which has held up under pressure, but its retention remains critical.
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🔑 Key Levels:
Support:
3,308.46 USDT — the key zone where buyers might keep the market steady.
3,302.52 USDT — an additional defense level in case of renewed pressure.
Resistance:
3,360.00 USDT — the nearest target to test the bulls' strength.
3,400.00 USDT — a zone for partial profit-taking if the upward momentum continues.
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🚩 Trading Strategy:
Entry Point:
- Consider a long position after confirming the support at 3,308.46 USDT and observing a bullish impulse.
Stop-Loss:
- Place your stop below 3,302.52 USDT to minimize risks.
Take-Profit Targets:
3,360.00 USDT — the first profit-taking point.
3,400.00 USDT — the final target for this upward move.
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📈 Technical Analysis:
The sharp volume dump indicates a liquidity grab attempt.
If bulls can hold the 3,308.46 USDT level, recovery toward resistance is possible.
It’s important to monitor volume and price reaction at key levels.
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💡 Conclusion:
Ethereum is clearly attempting to recover after a strong dump, but buyers must hold support. Will the market manage to reclaim lost ground? Share your thoughts in the comments!
USD/JPY: Continuation Pattern in Focus?The USD/JPY pair is currently in a significant uptrend on the daily chart, characterised by a series of rising highs and lows. Following a marked upward movement, the price has entered a consolidation phase, indicating a temporary pause before potentially resuming its directional trajectory. This sideways movement is often interpreted as preparation for a breakout, presenting an intriguing opportunity for attentive investors.
Possible Buy Scenario
Should the price manage to breach the resistance within the current consolidation range, approximately at the 158.00 level, it could signal a resumption of the uptrend in the coming days. A daily close above this resistance would strongly indicate a continuation of the upward momentum, with a target set around the 161.75 region (approximately 350 pips). This target marks the next significant resistance zone on the chart and represents the highest price observed in recent years, largely attributed to the Bank of Japan's decision to maintain very low interest rates, leading to a considerable depreciation of the Yen.
In this scenario, an effective risk management strategy could involve placing a stop loss just below the low of the consolidation range, around 155.80 (approximately 250 pips), to protect against potential false breakouts.
Alternative Sell Scenario
Conversely, if the price fails to break through the resistance and instead falls below the consolidation level at 155.80, this could signal a possible reversal or a deeper correction. Under these circumstances, the USD/JPY might seek lower support, such as the 151.50 region, which aligns with a previous support zone on the chart.
This scenario would indicate a shift in market behaviour, potentially influenced by macroeconomic events or fundamental data that could impact risk appetite.
In summary
Investors should closely monitor macroeconomic developments, including US employment data, speeches from Federal Reserve officials, and geopolitical events, as these can introduce volatility into the pair. Paying attention to price behaviour within the consolidation range will be crucial in determining which of the outlined scenarios is most likely to materialise.
Disclaimer
74.2% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you understand how CFDs work and if you can afford the high risk of losing your money. Past performance is not indicative of future results. Investment values may fluctuate, and you may not recover your initial investment. This content is not intended for residents of the UK.
EURGBP whats next, continuation?
What next with OANDA:EURGBP , price is come back in zone, zone looks valid, strong and today we are have BOE rate cut, which is result with moving price back in zone, here personaly bullish,
can wait and for some pattern, or some consolidation above zone for better confirmation lvl.
SUP zone: 0.82500
RES zone: 0.83420, 0.83620
EURNZD - Potential Rejection at ResistanceThe EURNZD pair is approaching a significant resistance zone marked by prior price rejections. This area aligns with a key supply zone, and the market structure hints at a potential reversal. The overall context suggests that sellers may take control at this level, leading to a downward move.
I anticipate that if the price shows a clear rejection from the resistance zone, the market may head lower toward the 1.83200 support level. This setup aligns with the idea of trend exhaustion near resistance.
if you agree with this analysis or have any additional insights, feel free to share your thoughts in the comments!
How invalidation of a short setup becomes a long setupExplanation of the Trading Setup Based on the Chart:
"Short Re-test" Signal Creates Two Scenarios:
Plan A: When a "Short re-test" signal appears, it indicates potential resistance and a possible continuation of the downward move. You can short with the expectation that sellers will dominate and push the price lower.
Plan B: Alternatively, you prepare for a breakout, where price moves above the resistance formed by the "Short re-test" signal. This indicates a potential trend reversal or continuation of bullish momentum.
In this case, Plan B was triggered, leading to a textbook breakout above the resistance zone.
Breakout Confirmation and Retest Setup:
After the breakout, the price moved higher and provided a "Buy re-test" signal. This is a classic example of a breakout retest pattern, where the price pulls back to test the broken resistance, which now acts as support, before continuing upward.
Multiple "Buy Re-test" Signals Strengthen the Trend:
Following the initial breakout and retest, the chart shows multiple green "Buy re-test" signals along the way. Each signal marks a new key support level, confirming bullish control and the reliability of the uptrend.
Notice how each of the three key supports held, demonstrating strong demand at these levels and affirming the strength of the bulls.
Key Takeaways:
The initial "Short re-test" signal gave traders the opportunity to anticipate both a short continuation or a bullish breakout.
Once the breakout occurred, it was followed by a strong series of retests, giving traders multiple low-risk entry points to go long.
Holding key support levels after each "Buy re-test" signal validated the bullish momentum, creating high-confidence long setups as the trend progressed.
This setup exemplifies how combining breakout strategies with retest confirmations can lead to profitable trades while maintaining manageable risk.
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$13 to $20 vertical in 90 minutes after 2 Buy Alerts $CRNCThat's the definition of Fresh Cash Friday 🤑
Early mention in $12's just minutes after market open about gap up to close into $14
Once it got there another dip buy at $13 for a double ride back up
Then once resistance was eaten out $16+ buy for $20 vertical
Whole team getting fresh cash
GBP USD Complete Analysis - Top Down - Structure wiseHi guys,
Below im going to go through a detailed breakdown of GBP USD for longer term swing trades and what i am looking for to confirm any trade direction.
Firstly i want to start of at the monthly time frame:
Below is a photo of the monthly timeframe clearly showing bearish structure with lower highs and lower lows:
So our monthly bias is bearish, and the last rally could just be a pull back to continue lower, However, considering that the low that was created in September of 2022 created a new all time low for the pair, i am skeptical that this pair will go any lower. Furthermore, looking at the price action from the low of 2016 till date we can see that price has been pretty much range bound, which also looks to be a Wyckoff accumulation schematic. However this will only be confirmed once price breaks above the last high marked up in the above drawing, as this will confirm bullish strength and a break of long term structure to the upside.
Conclusion of monthly time frame analysis: Trend is bearish but it seems to be at it's turning point. So we need to see confirmations of lower timeframe to determine weather price will continue to drop or go higher.
Now lets look at the daily time frame:
Looking on the daily time frame we clearly see bullish structure, with higher lows and higher highs, however remember this entire structure could just be a pull back of the monthly time frame's bearish structure.
So when will this move be considered a pull back of the bearish monthly structure? if price manages to break the recent low marked up in the above drawing at around 1.204. this will indicate a break of the bullish structure on the daily timeframe and a shift from bullish to bearish structure.
As long as price is above this low, 1.204 then the structure will remain to be bullish.
So to recap, on the monthly we are overall bearish but we are expecting that we are at the end of the bearish move, but we need to see the lower timeframes confirm if price wants to go higher. As of now, the daily structure is bullish and the structure is holding. So we can look for buys at this point.
Lets go down to the 4 hr time frame:
On the 4 hr timeframe we can see the clear bearish structure. but remember that as long as price is above the 1.204 mark then we are bullish on the daily, so this bearish structure gives us opportunities to enter long positions at lower prices. But in order to confirm that this bearish structure will not just continue to drop and shatter the 1.204 mark, then we need to see a shift in structure from bearish to bullish, which will occur when price breaks above the high in the above photo at around 1.28. This will indicate the end of this bearish pull back and a change in structure from bearish to bullish, so then we will have bullish structure on the 4 hr and the daily time frames. Entries however will be taken on the 15 or 5 min timeframes, when the time comes. For now i need to wait and see if the 4 hr structure will turn bullish or not.
Also another note on the 4 hr timeframe, structure aside, we can see some signs of accumulation where we have just done a quick sweep and stop hunt of the lows which also indicate that bullish strength may enter soon. As shown in the below photo:
So overall i am bullish on GBP USD but i need the 4 hr time frame to confirm my bias by breaking structure upwards and clearing the 1.28 mark. At that point we will scope in on the 15 min for entries on pull backs.
The other scenario is if price continues to be bearish, and breaks the low on the daily time frame at around 1.204, this will completely shift our bias from bullish to bearish, and will look for sell positions on pull backs.
So for now, we wait. Wait for price to show you what it wants to do, does it want to respect the bullish structure on the daily time frame? or does it want to shift the structure from bullish to bearish? this will be the deciding factor here. And based on that we can analyze further and look to take some good swing trades.
If you made it this far, i thank you for your time and patience, and i hope this helped you in some way.
Thank you, and happy new year to everyone!!
BNB - USDT UPDATE on 4th January 2025...Slowly slowly.... If you are in the trade already than congrats ! If not yet... Be careful & don't rush... Sometimes is a much better to look for something else instead of taking "halfway "trade already...
Don't rush... You still got all year to trade! ;)
PS: printer friendly "KISS" chart... & BTW...leverage *10 on Binance recommended... ;)
SPX6900 (Daily Chart) – Analysis and Key Insights1️⃣ Rally and Performance
SPX6900 has been on a remarkable rally since September 2024, showcasing its potential as a standout performer.
The market experienced a correction phase after the initial surge, creating a base for renewed bullishness.
2️⃣ Bullish Momentum Resumes
Since November 26, SPX6900 has displayed consistent bullish momentum, currently sitting at a market cap of $800M.
The moving average and price action confirm the market's strength, with higher lows and breakout potential.
3️⃣ Community and Vision
The team and community are targeting billions of dollars in market cap, supported by a strong belief in the project’s narrative.
This isn’t just about quick trades—the SPX6900 movement is focused on long-term growth and adoption.
4️⃣ Key Community Metrics
A growing community of over 60k followers on X, supported by well-known KOLs.
The project stands out for its vision-driven narrative, differentiating it from typical speculative coins.
💡 Final Thoughts
SPX6900 is shaping up to be a long-term opportunity for patient holders, with potential for significant gains in 2025. If the current momentum continues, this project could become one of the top-performing coins in the coming months.
📌 What’s your view on SPX6900? Let’s discuss in the comments below! 🚀
BTC LONG 25/12/24 - SHORT TERM VIEW This is a Bitcoin price chart with two potential upward price movement patterns marked.
Here’s a summary:
Current Price Level: The chart indicates Bitcoin is trading near $98,640, with resistance and support levels clearly marked.
First Pattern (Bullish Move): A potential price breakout towards the $102,650 level, continuing to the $105,230 level, following a bullish trend.
Second Pattern (Pullback and Recovery): A potential pullback near $95,770- 96,370 before rebounding and breaking higher to the same levels as the first pattern.
Key Levels:
Resistance Levels: $100,640, $102,640, and $105,230.
Support Levels: $96,370 and $95,770.
Structural Stop-Loss Level: $93,500 for all long trades, as indicated by the "VIEW FAILURE" note.
Technical Indicators:
The chart displays moving averages 10 & 20, showing convergence near the current price, which may indicate the possibility of a trend continuation.
This suggests a focus on potential upward movements while managing downside risk with a clear stop-loss level.
This is my view - Trade at your own risk !