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Support and Resistance

GBPAUD Selling Trading IdeaHello Traders In This Chart GBP/AUD 4 HOURLY Forex Forecast By FOREX PLANET today GBP/AUD analysis 👆 🟢This Chart includes_ (GBP/AUD market update) 🟢What is The Next Opportunity on GBP/AUD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
Silver is Again in the Bullish directionHello Traders In This Chart XAGUSD HOURLY Forex Forecast By FOREX PLANET today XAGUSD analysis 👆 🟢This Chart includes_ (XAGUSD market update) 🟢What is The Next Opportunity on XAGUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
OANDA:XAGUSDLong
by ForexMasters2000
BUYS For the Markets. Wait for BUYS in Gold and Silver.In this video, we will analyze the S&P 500, NASDAQ, DOW JONES, Gold and Silver futures, for the week of May 5 - 9th. The Indices are moving higher, and it's buys until they are not. Simple. Gold is near potential support at 3201. This may present a great buying opportunity once the lows are swept. A weakened USD will help this cause. Silver has made a bearish market structure shift (MSS), so buys are not yet on the table. If it disrespects a Daily -FVG, then sells are warranted. It is considerably weaker than Gold. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
CME_MINI:MES1!
by RT_Money
2
Long at 115.61 for a quick flipTTAN is a stock that just went public in December, so take the results below with a grain of salt - these are not likely typical (magnitude-wise). That said, I'm using the same entry rule I've used for many other trades lately with good results. While this is the first time I've actually traded it, the trades I'd have taken on this ticker are shown by the yellow arrows. They would all have been profitable, ranging in magnitude from +0.34% to +15.39%. The average gain was 4.91% and the average length was 10 trading days. The pullback recently is still above support from the previous December highs, which is a positive. I will periodically add to the position (potentially, anyway), based on re-triggering of the entry signal. I will set an automatic sell order at the level of the upper band of the 20d ATR. As the trade progresses, if the automatic sell isn't triggered, exit will be based on a sell signal from my algorithm. 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.
NASDAQ:TTANLong
by redwingcoach
2
ETH - Consolidating before a major breakout!About a week ago, Ethereum (ETH) saw a strong upward move, pushing the price up with notable momentum. Since then, it has entered a period of consolidation, trading within a tight range as the market awaits the next decisive move. ------------------------------- Which Direction Will ETH Break? After such a strong rally, this kind of consolidation is normal. It could signal a continuation to the upside, especially if this is part of a broader relief rally. However, it's important to note that during the rapid move up, ETH left behind a 4h Fair Value Gap (FVG), which may attract price back down for a potential fill in the event of a breakdown. ------------------------------- Stochastic RSI insight On the daily chart, the Stochastic RSI remains in the overbought zone. Historically, when this indicator lingers in such territory, ETH has seen notable pullbacks. This could be an early sign that a downward move is more likely unless momentum changes soon. ------------------------------- ETH vs. the 50-Day Moving Average ETH is currently struggling with the 50-day Moving Average (MA), trading just below this key resistance level. As long as ETH remains under the 50-day MA, bearish pressure could continue. However, a reclaim and sustained hold above this level would likely indicate a shift toward bullish momentum. ------------------------------- My Outlook This range is tricky to trade, and a breakout in either direction is possible. Personally, I think there's a chance ETH could sweep the recent highs before a larger move down. The overbought Stochastic RSI and resistance at the 50-day MA both suggest that the rally might be losing steam in the short term. ------------------------------- Thanks for your support. - Make sure to follow me so you don't miss out on the next analysis! - Drop a like and leave a comment!
by Youriverse
32
USDJPY UPDATED Technical Elements Observed Bullish Reversal Setup: There’s a greyed box indicating a potential bullish setup. A projected “W” pattern (double bottom) is drawn within the red zone, implying a reversal formation. Support Zone (Red Area): Range: ~143.791 to 144.486 The chart suggests a possible bounce off this zone. This is the critical demand/support area. Resistance / Target Zone: Target price: ~147.056 This implies a ~200-pip upside move from the support area. Stop-Loss Indication: Below the red zone: ~143.700 This is a conservative stop-loss based on the chart setup. Trade Idea Summary (Based on Drawing) Buy Zone: 144.486–144.000 Stop Loss: ~143.700 Take Profit: ~147.056 Risk:Reward Ratio: Approximately 1:3 or better
by YUKIOTRADER90
BTC - retracement levelsHello chart people 👋 BTC 1D timframe Key level I'm watching 👀 atm is 94,960. If we break below this level you can see in the chart where price might head to next. Both RSI and candle uptrend have started to break down signalling negative momentum. This week could be bearish. A move to the 618 would fill a fair-value-gap. I expect that price will react from the 88,300 - 89,300 range. Wouldn't be surprised if we saw a touch on the daily high Mon 21st Apr @ 88,340 on the button. This move is worth -6.5% from current position 📉 There is a small liquidity Zone sat right above us @ 97,100 so the cruel whales 🐋 might destroy the short people before moving down. Re: fib levels - I've pinpointed the weekly open 21st Apr as the "swing low" and the 618 and 786 levels seem to magnetise to key levels.
Short
by Cryptarch_
ETHEREUM New Update (1D)Price has approached a supply (flip) zone. It is not expected to break this zone on the first attempt, and bears are likely to regain control for now. If Ethereum returns once again to the lower zones marked on the chart, it could present a low-risk opportunity for buy/long positions. The main target can be the upper supply zone. A daily candle closing below the invalidation level would invalidate this analysis. Do not enter the position without capital management and stop setting Comment if you have any questions thank you
by iMoneyTeam
USDJPY Long PositionUSDJPY pair is currently positioned at a key support zone, where price action has historically reversed direction. Following a recent rebound from this level, the pair retested the support area. Given the broader uptrend structure (characterized by higher highs and higher lows), this retest presents a potential opportunity to enter long positions, contingent on bullish confirmation at this critical juncture. Key Observations: Established Uptrend: The pair’s consistent upward trajectory on higher time frames supports a bullish bias. Support Retest: The current pullback to the support zone aligns with typical price behavior in trending markets, where retests of prior levels often precede trend resumptions, but a decisive close below the support would invalidate the bullish setup, potentially signaling a trend reversal or deeper correction. Risk Management Strategy: A prudent approach would involve placing a stop-loss below the support zone to protect against a breakdown, while targeting the next resistance level for profit-taking. Final Assessment: The setup aligns with bullish momentum, provided the support holds.
Long
by sirkamal
1
AUD/USD Key Rejection Zone Identified – Bearish Momentum in PlayPrice recently tested a significant resistance level (R.L) and showed rejection after forming a lower structure (L.S). The bearish pressure is visible as price fails to break above 0.64640 and starts consolidating below the resistance. A clean break below the marked lower support zone (around 0.64116) could signal further downside potential toward the 0.63707 area. 📍 Resistance Holding 📍 Lower High Formed 📍 Eyes on Key Support Break Chart timeframe: 30 min Instrument: AUD/USD
Short
by fsanalysis6
PREPARING FOR SHORT POSITIONSUSD/CHF 4H - With this market we are simply waiting for price to finish correcting itself, trading price up and into the Supply Zone above. Once it has done we can then look to go short. We want to see price trade up and into this zone as we can expect enough Supply to be introduced to flip the balance. Those who bought into the market will look to remove orders, essentially taking profit and those looking to short will be looking to enter in once confirmation has been given to get involved. Confirmation will come via a break of structure to the downside, its tells us that the correction has finished and the new impulse is ready to take place. The end of one trend and the start of another, once we have that confirmation, we look inside the impulse that broke the structure for areas that price can pullback up and into, this is to set a lower high before the next move lower.
Short
by Lukegforex
UPDATE ON GBP/USD ANALYSISGBP/USD 1D - With this pair, I am looking to see price go short, trading us down and into the Demand Zone before taking us higher in this marker longer term. This is because this market is a bullish one longer term. By price trading down and into the Demand Zone below we are seeing price correct itself, this gives price the chance to offload Supply and introduce Demand. Now before price does go on to trade us lower I am expecting price to trade us higher, setting a lower high as it begins distributing, this giving us the opportunity to take the market short whilst it corrects. We will close those short positions once price trades down and into the Demand Zone and then look to take the market long once we are delivered with the relevant entry confirmation.
Short
by Lukegforex
BankNifty levels - May 07, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We trust that this information proves valuable to you. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you successful trading endeavors!
NSE:BANKNIFTY
by sacxe
EURUSD Faces Political Risks After German and Romanian VotingEURUSD is trying to hold steady, supported by strong enough PMI data. The Eurozone composite PMI rose to 50.4 from 50.1. While the increase is modest, it is still important amid ongoing tariff-related turmoil. However, political risks that were believed to be easing now appear to be intensifying. In Romania, first-round election results showed anti-EU candidate Simion securing around 40% of the vote. This could create problems for both the EU and Ukraine. Meanwhile, today’s vote in Germany is raising concerns. Merz received only 310 of the 316 votes required from parliament. Given that the coalition holds 328 seats, this outcome sends a troubling signal about the coalition’s stability. If Germany’s government proves unstable, it may further weigh on the euro. Both developments are negative for the euro. Combined with the recent momentum shift in EURUSD after its strong surge from around 1.04, a correction may be on the horizon. The 1.1260–1.1275 area is a key support zone. It includes a major trendline and an important horizontal support level. If this zone fails, EURUSD could quickly retreat toward the white trendline around 1.11. That trendline, which broke in April, dates back to the 2008 top and represents a long-term structural level. More details on this trend can be found below:
Short
by ftdsystem