Liam_ChartFlow
The gold market is currently reacting from a significant resistance zone, where price has shown clear signs of rejection. This zone has previously acted as a strong supply area, and once again, price failed to break above it, indicating that sellers are stepping back in. The rejection candle formation near this resistance confirms bearish momentum building up in...
Analysis Overview: EUR/USD has shown a strong bullish structure recently, but price is currently near a key resistance zone around 1.1780, which may act as a reversal point. The chart also shows an extended wave structure, signaling possible exhaustion of buying pressure. Bearish Setup Expectations: If the price fails to break above 1.1780 convincingly and shows...
Current Price: $2,451.3 Resistance Zone: $2,559 – $2,674 Support Zone: Around $1,710 Market Bias: Bearish --- 📌 Overview: Ethereum is currently testing a major resistance zone between $2,559 and $2,674. This zone has historically acted as strong rejection, indicating potential seller dominance in this area. Multiple failed attempts to break above this level...
This chart indicates a potential short trade opportunity, where the price is approaching a key resistance zone. The current market scenario suggests a possible reversal or downward movement, especially if the price reacts to the sell zone ($107,495) and begins to decline. Trade Parameters: Sell Zone: $107,495 Stop Loss: $110,438 (Placed slightly above the...