ETH/USD is testing a key demand zone around the $1,600–$1,550 region, with a potential triple bottom forming. If the price holds this support and confirms bullish structure, a reversal toward $1,700 and beyond could follow. Trade Setup (Long): Entry Zone (Buy): $1,570 – $1,600 Stop Loss: Below $1,540 (structure invalidation) Target 1: $1,700 (resistance flip...
GBP/USD is currently testing the upper boundary of an ascending channel. A bearish divergence is forming and the price action suggests a potential reversal from the current level. If price breaks below the channel and retests the 1.3080–1.3090 zone, a deeper correction could follow. Trade Setup (Short): Entry Zone (Sell): 1.3080 – 1.3100 (after break and...
BTC/USD is respecting a steep ascending trendline, indicating strong bullish momentum. After a brief consolidation, price action suggests a potential continuation toward the 88,000 level if support holds. The recent higher highs and higher lows structure remains intact, making this a high-probability setup for trend continuation traders. Trade Setup: Entry Zone...
USD/JPY has dropped into a strong support zone around 143.00–142.80, which previously acted as a significant demand area. The current price action shows signs of potential exhaustion in the bearish move and could lead to a bullish reversal. If price holds above this support zone, we could see a rebound targeting several key resistance levels. Trade Setup: Entry...
WTI Crude Oil has bounced off a key support zone near $57.50–$59.60 and is showing early signs of a potential bullish reversal. The price has started forming a new higher low structure on the 2-hour timeframe, suggesting the potential for a trend continuation to the upside. A breakout above minor resistance could trigger a strong move toward previous supply...
The EUR/USD pair has reached a significant resistance zone near 1.14000, where sellers previously showed strong activity. On the 2-hour chart, price action has formed an overextended rally into a well-marked supply zone, signaling a potential short opportunity. A rejection from this level could lead to a multi-leg correction toward key support zones. Trade...
On the 2-hour ETH/USD chart, a potential bullish structure is forming. The current price is around $1,595, sitting just above a key support zone at $1,588. After a period of consolidation, Ethereum appears poised for a breakout that could lead to a move towards the $2,000-$2,050 range. Trade Setup: Entry Zone: $1,590 - $1,600 Stop Loss: $1,547 (below key...