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EURUSD Descending Channel Points to Further Downside To 1.1560Hello traders! Here’s a clear technical breakdown of EURUSD (3H) based on the chart structure shown in the screenshot. EURUSD initially traded inside a well-defined ascending channel, confirming a bullish recovery phase after forming a base from the prior decline. Price respected the rising support line and produced higher highs and higher lows, showing strong buyer control. During this bullish phase, the market experienced several breakouts and fake breakouts near the upper boundary of the channel, signaling increasing volatility and early signs of exhaustion. As price approached the upper resistance area, buying momentum weakened, and the market failed to sustain acceptance above the highs. Near the top of the structure, EURUSD formed a clear turnaround and distribution phase, followed by a loss of bullish momentum. Price then broke below the ascending channel, confirming a structural shift. After this breakdown, the market transitioned into a descending channel, where price is now forming lower highs and lower lows. This confirms that sellers have taken short-term control, and bullish moves are now corrective in nature. A key Seller Zone / Resistance Level around 1.1680 was tested multiple times after the breakdown. Each attempt to reclaim this area resulted in rejection, reinforcing it as a strong supply zone. Recent price action shows continued respect of the descending channel resistance, with pullbacks failing and momentum favoring the downside. Currently, EURUSD is trading below resistance and is moving toward the Buyer Zone and Support Level around 1.1560, which aligns with previous structure and demand. This area represents the next key reaction zone and the primary downside objective (TP1). A reaction or temporary pause may occur there, but structurally it remains a bearish continuation zone unless buyers regain control. My scenario: as long as EURUSD stays below the 1.1680 Resistance / Seller Zone and continues to respect the descending channel, the bearish bias remains valid. I expect sellers to push price toward the 1.1560 Support / Buyer Zone (TP1). A clean breakdown and acceptance below this level would open the door for a deeper bearish continuation. However, a strong bullish breakout and acceptance back above 1.1680 would invalidate the short scenario and suggest a shift back toward consolidation or recovery. For now, market structure clearly favors sellers. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
25
XAUUSD: Holds Key Support - Buyers Aim for $4,720 ResistanceHello everyone, here is my breakdown of the current XAUUSD setup. Market Analysis XAUUSD is trading within a broader bullish market structure, supported by a rising trend line that has guided price action from the recent swing lows. Earlier in the move, gold advanced inside a well-defined upward channel, confirming strong buyer control with consistent higher highs and higher lows. This bullish leg eventually led to a breakout attempt near the upper boundary of the channel, after which price experienced a sharp corrective move and transitioned into a consolidation phase. Following the correction, XAUUSD formed a range, where price moved sideways as buyers and sellers reached temporary equilibrium. This range acted as an accumulation zone before the next directional move. Price eventually broke out of the range to the upside, signaling renewed bullish momentum. However, shortly after the breakout, a fake breakout occurred on the downside, where price briefly dipped below support but was quickly reclaimed by buyers, reinforcing demand strength. Currently, price is holding above a clearly defined Support Zone around 4,650, which aligns with the former range high and a key structural level. This area is now acting as demand after the successful breakout and retest. On the upside, XAUUSD is approaching a major Resistance Zone near 4,720, where selling pressure has previously emerged. The recent price action shows controlled consolidation above support, suggesting continuation rather than distribution. My Scenario & Strategy My primary scenario remains bullish as long as XAUUSD holds above the 4,650 Support Zone and continues to respect the rising trend line. In this case, I expect buyers to remain in control and attempt another push toward the 4,720 Resistance Zone (TP1). A clean breakout and acceptance above this resistance would confirm bullish continuation and open the door for further upside expansion. However, a strong rejection from resistance followed by a decisive breakdown below the 4,650 support would weaken the bullish bias and signal a deeper corrective move. Until that happens, the overall structure favors buyers, and pullbacks into support are viewed as potential continuation opportunities. That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
FOREXCOM:XAUUSDLong
by Ratner
23
BTCUSDT Long: Rising Trend Line and Demand Supports Bullish BiasHello traders! Here’s a clear technical breakdown of BTCUSDT (2H) based on the current chart structure. Bitcoin is trading within a developing bullish structure after forming a clear pivot low, from which a rising trend line has been established. This trend line reflects increasing buyer participation and gradual strength returning to the market. Following the pivot, price moved higher and transitioned from consolidation into an impulsive bullish leg, confirming a structural shift. After the upside move, BTC reached a clearly defined Supply zone around 94,500, where selling pressure stepped in. This reaction led to a range formation just below supply, indicating temporary consolidation after the impulsive rally. This range reflects short-term equilibrium rather than a trend reversal, as price remains structurally supported. Currently, BTC is reacting from a strong Demand zone around 91,900, which aligns closely with the rising trend line. This confluence between horizontal demand and dynamic support strengthens the level. The recent pullback into demand appears corrective rather than impulsive, suggesting that sellers are losing momentum and buyers continue to defend structure. My scenario: as long as BTCUSDT holds above the 91,900 demand zone and respects the ascending trend line, the market structure remains bullish. A sustained reaction from demand could lead to another attempt toward the 94,500 supply zone, and a confirmed breakout above this level would open the door for further upside continuation. A decisive breakdown and acceptance below demand would invalidate the bullish bias and shift focus toward deeper corrective levels. For now, price remains compressed between demand and supply, with buyers maintaining structural control. Manage your risk!
Long
by heniitrading
18
EURUSD Short: Supply Holds, Bears in Control, Move To 1.1550Hello traders! Here’s a clear technical breakdown of EURUSD (3H) based on the current chart structure. EURUSD initially traded within a consolidation range, where price moved sideways after a prior decline, indicating temporary equilibrium between buyers and sellers. This range acted as a base for the next directional move. A confirmed breakout from the range triggered a bullish recovery, shifting short-term control to buyers. Following the breakout, price developed a well-defined ascending channel, marked by consistent higher highs and higher lows. Pullbacks during this phase were corrective and respected the channel structure, confirming sustained bullish momentum. However, as EURUSD approached the upper boundary of the channel, upside strength began to fade. A fake breakout above channel resistance signaled buyer exhaustion and increasing sell-side pressure at higher prices. Near the highs, price formed a clear rounding top pattern around a key pivot point, reflecting a gradual loss of bullish momentum rather than an impulsive reversal. This topping structure was followed by a breakdown below internal support, confirming a short-term shift in market control. After losing the ascending structure, EURUSD transitioned into a descending channel, establishing a bearish corrective phase characterized by lower highs and lower lows. Currently, EURUSD is trading within the descending channel and moving toward a key Demand Zone around 1.1550, which aligns with previous structural support and historical reactions. This zone represents the next important area where selling momentum may slow and buyers could attempt a defensive response. My primary scenario remains bearish as long as EURUSD stays below the 1.1680 Supply Zone and continues to respect the descending channel structure. Pullbacks into supply that show rejection can be viewed as potential continuation opportunities, with 1.1550 Demand Zone acting as the first downside target (TP1). A clean breakdown and acceptance below 1.1550 would open the door for a deeper bearish continuation toward lower demand levels. However, a strong bullish breakout and sustained acceptance above 1.1680 would invalidate the short bias and signal a possible transition back into consolidation or bullish recovery. Until such a breakout occurs, market structure favors sellers, and upside moves are considered corrective. Manage your risk!
Short
by heniitrading
17
Gold Price Respects Ascending Trend Line - Next Target 4,680Hello traders! Here’s my technical outlook on XAUUSD (4H) based on the current chart structure shown in the screenshot. XAUUSD is trading within a broader bullish structure, supported by a well-defined ascending trend line that has guided price action since the market formed a solid base and started to grow. After the initial recovery, gold transitioned into a consolidation range, where price moved sideways, showing temporary balance between buyers and sellers. This range was eventually resolved to the upside with a clean breakout, confirming renewed bullish momentum. Following the breakout, price continued higher along the rising trend line, forming higher highs and higher lows. During this advance, the market experienced several false breakouts and shallow corrections, all of which were absorbed above the trend line, highlighting strong demand on pullbacks. The area around 4,540–4,560 is clearly defined as a Buyer Zone / Support Level, where previous resistance flipped into support and buyers repeatedly stepped in. Currently, XAUUSD is trading above the Buyer Zone and holding above the ascending trend line, which keeps the bullish structure intact. Price is now approaching the Seller Zone / Resistance Level around 4,660–4,680, which aligns with a descending resistance line from prior highs. This area represents a key supply zone where selling pressure may emerge and cause a reaction or short-term consolidation. My scenario: as long as XAUUSD remains above the Buyer Zone and continues to respect the rising trend line, the bullish bias remains valid. I expect buyers to defend pullbacks into support and attempt a continuation move toward the 4,680 Resistance Level (TP1). A clean breakout and acceptance above this resistance would confirm further bullish continuation and open the door for higher targets. However, a strong rejection from the Seller Zone followed by a decisive breakdown below the Buyer Zone and trend line would weaken the bullish structure and signal a deeper corrective move. For now, price is at a key decision area near resistance, and patience with proper risk management is essential. Please share this idea with your friends and click Boost 🚀
THINKMARKETS:XAUUSDLong
by LegionQ8
27
Bitcoin (BTC) – 4-Hour Timeframe Tradertilki AnalysisGood morning my friends, I have prepared a Bitcoin analysis for you on the 4-hour timeframe. My friends, Bitcoin is currently moving in an HH-HL structure. Never forget: markets always move rhythmically in waves. Every rise has a correction, and every drop has a rebound. This rhythmic wave never breaks. Since we are in an HH-HL structure, if Bitcoin reaches the levels of 90,847.0 - 89,361.0 on the 4-hour timeframe, I will open a buy position. My targets: 1st Target: 92,500 2nd Target: 95,000 3rd Target: 102,000 My friends, I share these analyses thanks to each like I receive from you. Your likes increase my motivation and encourage me to support you in this way.🙏 Thank you to all my friends who support me with their likes.❤️
BITFINEX:BTCUSDLong
by TraderTilki
10
BTCUSDT: Buyers Defends, Preparing for Breakout Above $96.5KHello everyone, here is my breakdown of the current BTCUSDT setup. Market Analysis BTCUSDT is trading within a well-defined ascending channel, confirming a strong bullish market structure. After a prolonged consolidation phase earlier on the chart, price successfully broke out to the upside and began forming higher highs and higher lows, signaling renewed buyer strength. Following the breakout, BTC rallied aggressively toward a key Resistance Zone around 96,500, where selling pressure became evident. Multiple tests of this resistance area failed to produce a clean continuation higher, leading price into a range formation just below resistance. This range reflects temporary equilibrium between buyers and sellers after the impulsive move up. Currently, on the downside, price is being supported by a clearly defined Support Zone around 94,000, which previously acted as a breakout level and is now serving as demand. The market recently tested this support and reacted positively, indicating that buyers are still active and defending the level. Structurally, BTC remains above both the channel support and the horizontal support zone, keeping the broader bullish bias intact. The presence of a descending triangle resistance line within the range highlights short-term compression, suggesting that a volatility expansion may follow once price decisively breaks out of the current structure. My Scenario & Strategy My primary scenario remains bullish as long as BTCUSDT holds above the 94,000 Support Zone and respects the ascending channel structure. In this case, I expect price to continue consolidating briefly before attempting another move toward the 96,500 Resistance Zone, with a potential breakout opening the way for further upside continuation. However, a clean breakdown and acceptance below 94,000 would invalidate the bullish setup and signal a deeper corrective move within the channel, possibly toward lower support levels. Until that happens, the market structure favors buyers, and pullbacks into support are viewed as potential long opportunities, while resistance remains the key level to watch for confirmation. That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
Long
by Ratner
10
BTCUSD Facing Rejection at Seller Zone - Short Scenario in PlayHello traders! Here’s my technical outlook on BTCUSD (1H) based on the current chart structure. BTCUSD is currently trading within a broader corrective-to-bearish structure after failing to sustain bullish momentum near the recent highs. Earlier in the session, price moved inside an ascending channel, where higher highs and higher lows suggested temporary buyer control. However, as price approached the major Resistance Level / Seller Zone around 97,100, bullish momentum began to weaken significantly. At this resistance, BTCUSD printed a fake breakout, signaling exhaustion of buyers and strong seller presence. The inability to hold above the Seller Zone marked a local top and triggered a structural reaction. Following this rejection, price started to compress between a descending resistance line and a rising support line, forming a tightening structure that reflects increasing selling pressure and distribution near the highs. Prior to this move, BTCUSD had traded within a well-defined range, where price consolidated before breaking out impulsively to the upside. That breakout led directly into the Seller Zone, but the lack of acceptance above resistance confirms that the breakout was likely a liquidity grab rather than a true continuation. Since then, price has moved back below the resistance level and is now trading under the key intraday structure. Currently, BTCUSD is holding below the Seller Zone (97,100) and failing to reclaim the resistance line, which keeps the short-term bias tilted to the downside. Below current price, the Support Level / Buyer Zone around 93,100 stands out as the next key area of interest. This zone aligns with previous range support and represents a logical TP1 target, where buyers may attempt to step back in. My scenario: as long as BTCUSD remains below the 97,100 Resistance Level and continues to respect the descending resistance structure, the bearish bias remains valid. I expect price to continue lower toward the 93,100 Support Level (TP1). A clean breakdown and acceptance below this support could open the door for a deeper corrective move. However, a strong bullish reclaim and acceptance above the Seller Zone would invalidate the bearish scenario and signal a potential continuation to the upside. For now, market structure favors sellers while price trades below resistance. Please share this idea with your friends and click Boost 🚀
THINKMARKETS:BTCUSDShort
by LegionQ8
20
XAUUSD Short: Rejection from Major Supply, Eyes On $4,520 DemandHello traders! Here’s a clear technical breakdown of XAUUSD (4H) based on the chart structure shown in the screenshot. XAUUSD previously traded within a consolidation range, where price moved sideways after a corrective phase, reflecting temporary balance between buyers and sellers. This range acted as an accumulation area before the next directional move. Following this consolidation, gold initiated a strong bullish breakout, shifting market control decisively to buyers. After the breakout, price developed a well-defined ascending channel, characterized by consistent higher highs and higher lows. This structure confirms a sustained bullish trend, with each pullback remaining corrective and contained within the channel. During the advance, XAUUSD experienced a sharp corrective drop from a local pivot high, briefly breaking internal structure. However, this move was quickly absorbed by buyers near a clear pivot point, from which price aggressively reversed and resumed the bullish trend, reinforcing demand strength. Currently, XAUUSD is trading near a major Supply Zone around 4,620–4,630, where price has repeatedly shown signs of exhaustion. After a strong bullish impulse and formation of a well-defined ascending channel, buying momentum has started to weaken near the upper boundary of the structure. Multiple attempts to sustain price above the supply area have failed, indicating strong seller presence and lack of acceptance at higher levels. The most recent price action shows a rejection from the supply zone, followed by a pullback below the local resistance line. This behavior suggests that the bullish move is losing strength and that the market is transitioning into a corrective phase. Additionally, the break of the short-term internal structure increases the probability of a deeper retracement rather than immediate continuation higher. My primary scenario favors a short setup while price trades below and continues to reject the 4,620–4,630 Supply Zone. A confirmed rejection or bearish reaction from this area may trigger a move lower toward the 4,520 Demand Zone (TP1), which aligns with previous breakout structure and acts as the first key downside objective. If selling momentum strengthens and price breaks below 4,520 with acceptance, this would open the door for a deeper correction toward lower support levels within the broader structure. However, a clean breakout and strong acceptance above 4,630 would invalidate the short bias and signal bullish continuation. Until that happens, the market structure favors a corrective move to the downside from supply. Manage your risk!
FOREXCOM:XAUUSDShort
by heniitrading
17
BTCUSDT Long: Buyers in Control Above 94K, Next Stop 98.5KHello traders! Here’s a clear technical breakdown of BTCUSDT (3H) based on the current chart structure shown in the screenshot. BTCUSDT previously traded inside a well-defined descending channel, reflecting strong bearish pressure and consistent lower highs and lower lows. This bearish phase ended near a clear pivot point, where selling momentum weakened and buyers stepped in aggressively. From this pivot, price initiated a recovery move and successfully broke out of the descending channel, signaling a shift in short-term market control. Following the breakout, BTC transitioned into a broad consolidation range, where price moved sideways for an extended period. This range represented a balance between buyers and sellers, with multiple internal reactions confirming accumulation and uncertainty before the next directional move. Eventually, BTC broke out from the upper boundary of the range, confirming renewed bullish interest. After the range breakout, price formed a well-structured ascending channel, characterized by higher highs and higher lows. This structure confirms a bullish corrective-to-impulsive transition, with buyers maintaining control. Within this channel, BTC recently broke above a key Demand / Support Zone around 94,000, which previously acted as resistance and is now acting as support. Currently, BTCUSDT is approaching a major Supply Zone around 98,000–98,500, where selling pressure has previously appeared. This zone aligns with the upper boundary of the ascending channel, increasing the probability of a reaction or short-term pullback. The most recent price action shows hesitation near this area, suggesting that sellers are beginning to defend higher levels. My scenario: as long as BTCUSDT remains above the 94,000 Demand Zone and continues to respect the ascending channel structure, the bullish bias remains intact. I expect buyers to defend pullbacks toward demand and attempt another push into the 98,000–98,500 Supply Zone (TP1). A clean breakout and acceptance above this supply would confirm bullish continuation and open the door for further upside. However, a strong rejection from the supply zone followed by a breakdown below the ascending channel and 94,000 support would signal weakness and increase the probability of a deeper corrective move back toward the prior range highs. For now, price is at a key decision area near supply. Manage your risk!
Long
by heniitrading
8
EURUSD: Bullish Setup After Corrective Channel PullbackHello everyone, here is my breakdown of the current EURUSD setup. Market Analysis EURUSD is trading within a broader bullish structure, supported by a rising trend line that has guided price action from the recent swing lows. Earlier in the move, price formed a clear accumulation range, where the market consolidated before initiating an upside breakout. This breakout was followed by continuation to the upside, confirming strong buyer participation and a bullish shift in market control. After the impulsive move higher, EURUSD entered a corrective phase, forming a well-defined descending channel. This pullback appears corrective rather than impulsive, as price action remains orderly with overlapping candles and decreasing momentum — a typical bullish retracement behavior. Importantly, this correction is occurring above the higher-timeframe ascending trend line, preserving the overall bullish structure. Currently, price is reacting from the Support Zone around 1.1600–1.1620, which aligns with: The lower boundary of the descending channel. A key horizontal support level. The rising trend line from prior lows. This confluence increases the probability of buyers stepping in. On the upside, the Resistance Zone near 1.1680 represents the prior breakout level and the top of the corrective structure. A successful reclaim of this zone would confirm the end of the correction and signal bullish continuation. My Scenario & Strategy My primary scenario remains bullish as long as EURUSD holds above the 1.1600 Support Zone and respects the rising trend line. I expect buyers to defend this area and attempt a push higher toward the 1.1680 Resistance Level (TP1). A clean breakout and acceptance above 1.1680 would confirm bullish continuation and open the path toward higher targets. However, a decisive breakdown below the support zone and trend line would weaken the bullish structure and suggest a deeper corrective move or potential range formation. For now, structure favors buyers while price holds above support. As always, manage your risk and wait for confirmation at key levels. That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
Long
by Ratner
17
XAUUSD Holds Bullish Structure Above Support - Eyes on $4,680Hello traders! Here’s my technical outlook on Gold (XAUUSD, 3H) based on the current chart structure. Gold is trading within a well-defined bullish trend after reclaiming key levels and establishing a sequence of higher highs and higher lows. Earlier on the chart, price formed a consolidation range, signaling accumulation before continuation. This range was later broken to the upside, confirming renewed buyer control and continuation of the broader bullish structure. Following the breakout, price moved higher but then entered a corrective phase, pulling back toward the rising trend line and the Support Level around the 4,510 area. This pullback appears corrective rather than impulsive, with buyers stepping in to defend the trend. Price respected the support line multiple times, forming fake breakouts to the downside before reversing higher, which further confirms underlying buying strength. Currently, XAUUSD has broken above the descending resistance line and is consolidating above it, signaling a successful breakout and potential continuation. Price is now trading above the Buyer Zone and approaching the Seller Zone / Resistance Level around 4,640. This area represents a key reaction zone where selling pressure may appear. My scenario: as long as Gold holds above the Support Level and continues to respect the rising trend line, the bullish structure remains intact. A clean breakout and acceptance above the 4,640 Resistance Level would confirm continuation toward the next upside target 4,680 (TP1). However, rejection from resistance could lead to a short-term consolidation or corrective pullback toward support before the next attempt higher. For now, the bias remains bullish, and price is positioned for a potential continuation move. Please share this idea with your friends and click Boost 🚀
THINKMARKETS:XAUUSDLong
by LegionQ8
41
BTCUSDT: Pullback To 93K Support Before Return of Bullish TrendHello everyone, here is my breakdown of the current BTCUSDT setup. BTCUSDT previously transitioned from a strong bearish impulse into a recovery phase, where price formed a well-defined upward channel, signaling a corrective bullish structure. Within this channel, Bitcoin produced higher highs and higher lows, confirming temporary buyer control after the sell-off. During this phase, price also formed a consolidation range, reflecting a pause and balance between buyers and sellers before the next move. As price advanced, BTCUSDT approached a major Resistance Zone around 95,500–96,000, where selling pressure became evident. Multiple tests of this area failed to produce acceptance above resistance, and a clear rejection / test occurred at the top of the channel. This behavior indicates supply dominance at higher levels. Following the rejection, price broke below the upper channel structure and pulled back toward the Support Zone near 93,000, which previously acted as both demand and a breakout level. Currently, BTCUSDT is trading below the resistance zone and showing signs of weakness after the failed breakout attempt. The recent breakout below minor support suggests a potential continuation to the downside, while the broader structure remains vulnerable as long as price stays capped below resistance. My Scenario & Strategy My primary scenario remains bearish while BTCUSDT trades below the 95,500–96,000 Resistance Zone and continues to show rejection from the upper channel. Any pullbacks toward resistance that show weakness or rejection may offer short opportunities, with downside continuation toward the 93,000 Support Zone as the first objective. A decisive breakdown below support would open the door for a deeper corrective move. However, a strong breakout and acceptance above resistance would invalidate the short bias and signal a shift back toward bullish continuation. I believe there will be a correction to around 93K, and then a resumption of the bullish scenario. That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
Short
by Ratner
22
EUR-NZD Bearish Bias! Sell! Hello,Traders! EURNZD Price has delivered a clean break below the key demand base, signaling a shift in control and confirming bearish intent. Weak pullbacks suggest sellers remain active, with downside liquidity now the primary draw toward lower imbalance zones. Time Frame 5H. Sell! Comment and subscribe to help us grow! Check out other forecasts below too! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by TopTradingSignals
1
XAUUSD: Bullish Channel Intact - Upside Toward 4,660 in FocusHello everyone, here is my breakdown of the current XAUUSD setup. Market Analysis XAUUSD is trading within a broader bullish structure, supported by a well-defined upward channel that has guided price action from the recent swing lows. Inside this channel, gold has consistently formed higher highs and higher lows, confirming sustained buyer control. During the advance, price experienced several corrective pullbacks, all of which were contained within the channel, highlighting strong demand on dips. As price moved higher, XAUUSD broke above a prior consolidation area and successfully retested the former resistance as support, confirming the strength of the breakout. This area is now marked as a clear Support Zone around 4,570–4,580, which aligns with the mid-channel structure and previous breakout reactions. Currently, price is consolidating just below a major Resistance Zone near 4,650–4,660, located at the upper boundary of the ascending channel. Multiple tests of this area show hesitation, but there is no clear bearish rejection yet. The price action near resistance appears corrective and controlled, suggesting consolidation rather than distribution. As long as price holds above the key support zone, the bullish structure remains intact. My Scenario & Strategy My primary scenario remains bullish while XAUUSD trades above the 4,570–4,580 Support Zone and continues to respect the upward channel structure. A sustained hold above support increases the probability of another attempt to push toward the 4,650–4,660 Resistance Zone. A clean breakout and acceptance above this resistance would confirm bullish continuation and open the door for further upside expansion. However, a strong rejection from resistance followed by a decisive breakdown below the support zone would weaken the bullish bias and signal a deeper corrective move within the broader structure. Until that happens, market structure favors buyers, with dips into support viewed as potential continuation opportunities. That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
FOREXCOM:XAUUSDLong
by Ratner
15
EURUSD: Sellers Take Control Below Key Resistance, Eyes 1.1600Hello everyone, here is my breakdown of the current EURUSD setup. Market Analysis EURUSD previously traded within a well-defined upward channel, confirming a bullish recovery phase after forming a strong base from the prior decline. Buyers maintained control by producing higher highs and higher lows, eventually pushing price toward a key Resistance Zone around 1.1690–1.1700. At this resistance area, price transitioned into a broad range, signaling a balance between buyers and sellers. Multiple attempts to hold above resistance failed, indicating growing selling pressure at the highs. Eventually, EURUSD broke down from the range, confirming a loss of bullish momentum and a shift in short-term market control. Currently, EURUSD is trading within the descending channel and moving toward a key Support Zone around 1.1600, which previously acted as a demand area and a structural reaction level. This zone represents the next important area where buyers may attempt to slow or pause the decline. My Scenario & Strategy My primary scenario remains bearish as long as EURUSD stays below the 1.1690–1.1700 Resistance Zone and continues to respect the downward channel. Any pullbacks into resistance that show rejection can be viewed as potential short opportunities, with downside continuation toward the 1.1600 Support Zone as the first target. However, a clean breakout and acceptance above resistance would invalidate the short bias and suggest a possible shift back toward consolidation or bullish recovery. Until that happens, market structure favors sellers, and rallies are considered corrective within the broader bearish context. That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
Short
by Ratner
11
BRITANNIA – Weekly Rounding Bottom | Strength Building🟦 BRITANNIA – Weekly Rounding Bottom | Strength Building Britannia Industries is forming a rounding bottom on the weekly chart, along with box-structure consolidation. A pattern within a pattern often signals strong upside once breakout happens. 💰 Trade / Positional Plan • CMP: ₹5980 • Stop Loss: ₹5298 🎯 Targets • ₹6917 • ₹8088 (pattern projection) 📊 Technical View • Weekly rounding bottom formation • Box consolidation → absorption phase • FMCG sector near 200-WMA (historically strong support unless extreme panic like COVID) • Leaders bounce first – “strong gets stronger” setup • Volatility likely till global cues stabilize 📌 Trading Approach • Patience trade – avoid hurry • Prefer staggered entry • Strict position sizing control • Expect short-term volatility ⚠️ Clarification: This is an independent analysis. No part of Religare is involved in this view or recommendation. 📝 Important: I am not responsible for any loss or profit incurred. No fees charged – shared for educational and informational purposes only. 📉 Disclaimer: Not SEBI-registered. Please do your own research or consult a financial advisor before taking any investment decision. ✅ Leadership + structure = opportunity. Patience is the edge.
NSE:BRITANNIALong
by satyam15
EURUSD LONGS - BUYER BACK IN CONTROL?After the recent downtrend on the current pair it seems price has halted at support and buyers have resumed. We can see the 1.16198 area is significant level where price attempted to break lower and failed with buyers entering. On the daily time frame price is also now trading above the 100 day MA. On the 4 hour we can see a break and restest of the counter trendline signalling a potential big upside move Expecting EURUSD to make a leg higher if the above holds - TP1 at 1.173 and TP2 at - 1.18150
by BillionsFx
HFT Loading a Ascending Broadening Wedge BreakoutHFT is forming an Ascending Broadening Wedge on the 4H timeframe, indicating rising volatility and expansion in price range. From the previous analysis, price has already delivered a 25%+ upside move, validating the structure and confirming volatility expansion. Price continues to print higher highs and higher lows while respecting the lower trendline. As long as structure holds, upside continuation remains valid. Bullish scenario: • Hold above ascending support • Acceptance above 0.0349 • Expansion toward 0.0440+ Bearish risk: • Rejection from upper resistance • Breakdown below ascending support • Volatility-driven pullback Trend remains constructive while structure holds. Previous Analysis Link:
by CryptoCoinsCoach
DXY Free Signal! Buy! Hello,Traders! DXY has delivered a strong SMC breakout from the horizontal demand, confirming a bullish shift in market structure. Clean displacement and follow-through show aggressive buy-side control, with prior sell-side liquidity fully absorbed. Continuation toward higher liquidity pools remains favored. -------------------- Stop Loss: 99.160 Take Profit: 99.599 Entry: 99.343 Time Frame: 5H -------------------- Buy! Comment and subscribe to help us grow! Check out other forecasts below too! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TVC:DXYLong
by TopTradingSignals
1