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EURUSD Breaks Channel Resistance — Rally Toward 1.1660 in FocusHello traders! Let’s analyze the current EURUSD market structure. After an extended downtrend within a descending channel, the pair has recently shown the first signs of potential bullish reversal. Throughout the decline, price consistently respected the resistance line of the channel, making lower highs and lower lows. However, buyers have now stepped in strongly near the 1.1500–1.1530 Buyer Zone, which coincides with both the horizontal Support Level and the lower boundary of the previous structure — confirming it as a major demand area. Following a fake breakout below this support, EURUSD quickly recovered, forming a turnaround pattern and breaking above the descending resistance line. This move indicates that sellers are losing control while bullish momentum is gradually building. The pair has now established a short-term ascending structure, where price is developing higher highs and higher lows. Currently, EURUSD is retesting the breakout zone near 1.1580, which acts as dynamic support inside the new bullish channel. As long as the pair holds above this level, the outlook remains constructive, and buyers could push the price higher toward TP1 at 1.1660, which represents a key Resistance Level and former Seller Zone. A confirmed breakout above 1.1660 would reinforce the bullish bias and open the door toward the next resistance area near 1.1720. On the other hand, a rejection from this level might trigger a temporary pullback back to the 1.1580–1.1550 Buyer Zone before a new upward wave emerges. Overall, the structure has shifted from bearish to bullish, with the ascending Support Line now serving as a key level for maintaining the positive outlook. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
15
BTCUSD: Bulls Defend $102K Zone — Eyeing Breakout Toward $107KHello everyone, here is my breakdown of the current Bitcoin setup. Market Analysis BTCUSD is trading within a well-defined triangle formation after a period of volatile movements between $102,500 and $107,000. The chart shows that price recently rebounded from the Triangle Support Line, aligning with the $102,000–$103,000 Support Zone, where buyers have consistently stepped in to defend this level. This zone has acted as a strong accumulation area, confirmed by multiple bounces and rejection wicks signaling absorption of selling pressure. Currently, after a fake breakout to the downside, BTCUSD quickly recovered, retesting the Resistance Zone near $105,000–$105,500, which also aligns with the Triangle Resistance Line. This confluence area represents the next key reaction point. A confirmed breakout above this resistance would indicate a potential continuation of the broader bullish trend, while a rejection here could lead to a short-term correction back toward the support base. The market behavior shows constructive consolidation, with higher lows forming along the support trend line — a sign that buyers are gradually regaining control. As long as BTCUSD remains above $102,000, the short-term structure favors further upside movement within the triangle, aiming toward the $106,500–$107,000 resistance area. My Scenario & Strategy As long as Bitcoin holds above the $102,000–$103,000 Support Zone, the bullish outlook remains valid. The first upside objective (TP1) is the $106,500–$107,000 Resistance Area, where traders should watch for potential rejection or breakout signals. A confirmed breakout and close above $107,000 could trigger an extension toward $109,000–$110,000, aligning with the upper boundary of the triangle and the previous reaction zone. However, if BTCUSD fails to hold above $102,000, this would invalidate the bullish scenario and open the way for a deeper pullback toward $100,000–$99,000, where fresh buying interest may emerge. For now, the structure supports buying pullbacks while price remains above the ascending Triangle Support Line, as momentum continues to favor the bulls. That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
BINANCE:BTCUSDLong
by Ratner
23
Aditya Infotech: Breakout Retest in Action — Next Stop ₹1700...?Aditya Infotech, one of the newly listed stocks, has delivered an impressive breakout above its all-time high, showcasing strong bullish momentum and renewed investor interest. After this sharp rally, the stock is now retesting the ₹1470 zone, which earlier acted as a key resistance level and could now flip into a strong support area. If Aditya Infotech sustains above ₹1470 for a day, it would signal a successful breakout retest, potentially setting the stage for the next leg of the rally towards ₹1700. 📈 Trading Setup: * Buy Zone: Above ₹1470 (post-sustainability confirmation) * Target: ₹1700 * Stop-Loss: ₹1390–₹1395 The structure remains bullish, and a bounce from the current level could attract fresh momentum traders. A strong close above ₹1470 would further validate the breakout and indicate that the bulls are firmly in control.
NSE:CPPLUSLong
by Kartik_Elkunchwar
XAUUSD Retests Resistance — Pullback Toward $4,060 SupportHello traders! Let’s take a look at XAUUSD (Gold). After a prolonged bullish movement within a well-defined ascending channel, price reached a significant Resistance Level near $4,200, where sellers stepped in to regain control. This resistance coincides with the upper boundary of a descending resistance line, confirming its importance as a reaction area. Following this rejection, Gold experienced a sharp correction, forming a Range structure near the top before breaking below it — marking a shift in short-term sentiment. The breakout from this range confirmed the beginning of a downward phase, where price continued to move inside a new descending pattern. Currently, XAUUSD is testing the resistance line once again after a breakout retest from below. This area aligns with a former pivot zone where several reversals occurred in the past. The overall structure suggests that buyers are losing momentum, while sellers are preparing to defend this key zone. As long as price remains below the $4,160–$4,200 resistance, a corrective pullback toward the $4,060 Support Level (TP1) looks likely. This area also aligns with the ascending support line, which may act as the next major decision point. A clean break below $4,060 could extend the decline toward the $3,950–$3,970 zone, while a confirmed breakout above $4,200 would invalidate the short scenario and potentially trigger another bullish continuation phase. Please share this idea with your friends and click Boost 🚀
THINKMARKETS:XAUUSDShort
by LegionQ8
18
EURUSD Long: Bullish Momentum Targets $1.1610 Supply ZoneHello traders! EURUSD is currently showing signs of sustained bullish momentum after rebounding from the key 1.1550 Demand Zone, which has previously acted as a strong support area. Earlier, the pair formed a Double Bottom pattern, indicating exhaustion of selling pressure and the beginning of accumulation. This bullish structure was later confirmed by a breakout above neckline resistance, suggesting a potential reversal in trend. Following a series of breakouts and a fake breakout, EURUSD established an Ascending Channel, showing consistent higher highs and higher lows — a clear signal of an emerging bullish trend. The recent pivot point around 1.1540 served as a solid foundation for price recovery, where buyers regained control. Currently, EURUSD is heading toward the 1.1610 Supply Zone, which coincides with a previous reaction level and marks the next key resistance to watch. A confirmed breakout and close above 1.1610 could open the path for further movement toward the 1.1660–1.1680 region, extending the bullish structure. I expect, as long as price holds above 1.1550, the bullish scenario remains intact. However, a decisive breakdown below this support zone could invalidate the upward momentum and trigger a deeper retracement toward the previous demand levels. Manage your risk!
Long
by heniitrading
5
XAUUSD Short: Rejection From Supply Targets $4,070 Demand LineHello traders! Gold (XAUUSD) is showing signs of a potential corrective move after a strong bullish rally from the $3,950–$3,970 Demand Zone, where multiple fake breakouts confirmed the presence of strong buyers. This area coincides with the ascending Demand Line, which has provided consistent support for price growth. Each touch on this line has led to notable bullish impulses, signaling accumulation and strengthening buyer momentum. Currently, the price approached the $4,140–$4,160 Supply Zone, which aligns with both a Supply Line and the neckline of a previous Double Top pattern. This confluence area represents a critical resistance zone where sellers have historically regained control. The current rejection from this level suggests that a short-term pullback could be underway as the market seeks to retest lower support. I expect the first key area to watch is the $4,070 pivot level, which aligns with the Demand Line. This zone is expected to act as dynamic support for a potential rebound. If price holds above this level, the bullish structure remains valid, with a possible retest of the $4,150–$4,160 Supply Zone. However, a confirmed break below $4,070 could trigger a deeper correction toward the $3,950 Demand Zone, where fresh buying opportunities may emerge. Manage your risk!
FOREXCOM:XAUUSDShort
by heniitrading
11
CAD/JPY: Multiple Time Frame Analysis & PlanFollowing a breakthrough of a significant daily structural resistance yesterday. 📈CADJPY is currently consolidating within a horizontal range on an hourly timeframe. For those seeking an intraday buying opportunity, a bullish breach of the range's resistance, specifically an hourly candle closing above 110.65, would provide a strong bullish confirmation. A subsequent bullish continuation would then be anticipated, at least to the 111.00 level.
by linofx1
5
EURUSD: Descending Channel Breakout Targets 1.1630 ResistanceHello everyone, here is my breakdown of the current Euro setup. Market Analysis EURUSD is showing early signs of a potential bullish reversal after a prolonged downtrend within a descending channel. The pair found strong buying interest near the 1.15300–1.15400 Support Zone, an area that previously acted as a key pivot level where price frequently rebounded. This zone aligns with the ascending Support Line, forming a solid confluence for a possible trend reversal setup. After several tests of the lower boundary, EURUSD successfully broke above the descending channel, indicating a potential shift in market sentiment from bearish to bullish. Price is now consolidating above the broken resistance line, showing accumulation and confirming buyer strength. The pair is approaching the 1.16100–1.16300 Resistance Area, which has acted as a major supply zone and a decision point for further upside continuation. Currently, as long as the price holds above 1.15300 support, the bullish outlook remains valid. A successful breakout and sustained move above 1.16300 could confirm a structural reversal, opening the door for further growth toward 1.17000 in the medium term. Conversely, a bearish rejection from resistance may trigger a short-term pullback toward the Support Line before another attempt higher. My Scenario & Strategy From my perspective, as long as EURUSD trades above 1.15300, I remain bullish-biased. My near-term target (TP1) is set around the 1.16100–1.16300 zone, with a potential extension toward 1.17000 if momentum continues. I will be looking for pullback-based long entries near support or retests of the breakout level. However, if EURUSD breaks back below 1.15300, this would invalidate the bullish scenario and suggest a continuation of the broader downtrend. For now, structure and price action support a bullish correction setup toward resistance. That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
Long
by Ratner
20
BTCUSD Bulls Aim Higher: Buyers Eye Breakout Toward $107,500Hello traders! Let’s take a look at the current BTCUSD structure. After an extended corrective phase within a descending movement, the market found solid support near the $100,000–$100,200 Buyer Zone, which aligns with both the horizontal Support Level and the lower boundary of the broader structure. This zone has repeatedly triggered strong buying reactions in the past, confirming it as a key demand area. Recently, Bitcoin began forming a bullish correction channel, where price has been developing higher highs and higher lows, suggesting early signs of trend recovery. Within this structure, buyers successfully defended the Buyer Zone, followed by a steady rise toward the $107,000–$107,500 Resistance Level — a zone that previously acted as a Seller Zone during prior rejections. At the moment, BTCUSD is consolidating inside this ascending channel, trading slightly below resistance. The market may attempt another push toward TP1 at $107,500, which aligns with the upper resistance line and marks a potential short-term target. If price manages a confirmed breakout above this level, we could see further continuation toward the next resistance around $111,000. However, if the price faces rejection at the current resistance, a temporary pullback toward the Support Line or Buyer Zone ($100,200–$101,000) could occur before the next wave of growth. The structure remains bullish as long as Bitcoin stays above the ascending Support Line. Please share this idea with your friends and click Boost 🚀
THINKMARKETS:BTCUSDLong
by LegionQ8
34
Webull: Falling Wedge Breakout ImminentNASDAQ:BULL has been in a steady decline essentially since the start of the government shutdown, forming a clean falling wedge structure very similar to the setup we saw in May and June. Back then, the wedge resolved with a brief breakout but ultimately moved into a sideways consolidation inside the yellow range before finally lifting in late June/early July. Price is now sitting at the apex of a new wedge right as the government has officially reopened, almost to the day. With the president signing the bill, this may act as a macro green light for liquidity into year end, and BULL is positioned to potentially benefit from that. Technically, the stock is deeply beaten down (roughly 40 percent from pre-shutdown levels), the MACD is starting to curl up, and there’s a clear daily RSI divergence. Together, these conditions make a relief move or breakout increasingly plausible. If we don’t get a meaningful directional move between now and earnings on 11/20, then the most likely scenario is a replay of the May/June pattern: a period of sideways chop inside its current established support and resistance band zone around 9.54-10.18/10.39 while the market waits for the earnings catalyst. That report would then determine the next substantial move up or down. In short: BULL is at a technical decision point, with momentum indicators improving, macro pressure easing, and earnings close enough that either a near-term wedge break or a consolidation-before-catalyst are both reasonable outcomes from here.
NASDAQ:BULLLong
by Fib_618
5
BTCUSD Long: Breakout From Descending Channel Targets $108KHello traders! Bitcoin is showing a potential continuation of bullish momentum after breaking out of the descending channel, where sellers had previously maintained control over the market structure. During the prolonged downtrend, the price consistently made lower highs and lower lows, until forming a strong Pivot Point near the $100,500–$101,000 Demand Zone — an area that has historically triggered solid bullish reactions. Currently, after a fake breakout below this demand zone, the price quickly recovered, signaling liquidity sweeps and seller exhaustion. Since then, BTCUSD has rebounded strongly, confirming a structural shift from bearish to bullish control. The pair has now broken above the channel resistance, establishing a short-term bullish bias supported by steady higher lows. At the moment, Bitcoin is approaching the $107,500–$108,000 Supply Zone, which coincides with previous market consolidation and marks a potential reaction area where sellers might temporarily slow down the move. A clean breakout and close above $108,000 would open the door for a further rally toward the $111,000 Supply 2 Zone, reinforcing the medium-term bullish structure. I expect the $104,500–$105,000 area to act as immediate support and a key retest level, allowing buyers to maintain momentum and target $108,000. Holding above this zone maintains the bullish scenario, while a confirmed break below it could trigger a pullback to the previous demand level before a new rally develops. Manage your risk!
BINANCE:BTCUSDLong
by heniitrading
4
EURUSD Retests Buyer Zone — Bullish Momentum Aiming for 1.1600Hello traders! I’d like to share my view on EURUSD. After an extended bearish trend inside a descending channel, the pair finally found strong buying interest around the 1.15300–1.15400 Buyer Zone, where price reacted multiple times in the past. This area aligns with both the horizontal Support Level and the ascending Support Line, which together form a solid base for potential bullish continuation. Recently, EURUSD broke above the descending resistance line, confirming a possible short-term trend reversal. The price is now retesting the breakout area, showing signs of accumulation above support. As long as price remains above 1.15300, the bullish structure stays valid. The immediate upside target (TP1) is seen around the 1.16000–1.16100 zone, which coincides with the previous consolidation and minor resistance area. A breakout and confirmed close above this zone could open the way toward the 1.16600 Resistance Level. However, a clear bearish rejection pattern near 1.16000–1.16100 might lead to another corrective pullback back into the Buyer Zone before further continuation. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
28
Indian Oil: Tight Range Breakout | Short-Term Swing TradeBUY Setup 🛢️ Entry: ₹166.25-166.50 (Current Level) Target 1: ₹170.05-170.50 Target 2: ₹173.59-174.00 Target 3: ₹176-178 (Extended) Stop Loss: ₹163.85 Technical Rationale: Consolidating near resistance at 166.99 level on 1-hour chart Strong uptrend from 161 to 167 in recent sessions Trading in tight range (166-167) - coiling for breakout Volume at 4.95M showing decent participation RSI around 65-70 zone indicating strength Price holding above key support at 163.85 PSU oil marketing company with government backing Crude oil prices stabilizing supporting sector Multiple resistance levels: 167, 170, 173.59 Clear support structure at 163.85 and 162 Risk-Reward: Favorable 1:3+ ratio Pattern: Ascending channel + consolidation near resistance on 1H chart - breakout setup Strategy: Intraday to short-term swing - Book 40% at T1 (170), 30% at T2 (173.50), trail remaining with SL at 167 after T1 Key Levels: Immediate Resistance: 166.99-167.00 (breakout zone) Strong Resistance: 170.05, 173.59 Critical Support: 163.85, 162.00 Timeframe: 1-hour chart for short-term traders Sector: Oil & Gas PSU - relatively stable with dividend yield Note: Stock at resistance - wait for break above 167 with volume for confirmation, or enter at current support with tight SL Disclaimer: For educational purposes only. Not SEBI registered.
NSE:IOCLong
by rmhetre15
NEAR Protocol – AI Sector Strength & Breakout SetupStrength is rotating back into the AI and Web3 sectors, and NEAR is starting to show leadership. We’ve seen a clean breakout above consolidation, with volume confirming bullish intent. This could mark the beginning of a new leg up if the structure holds. 💡 Trade Idea Entry Zone: $2.20 – $2.30 (support retest) Take Profit Targets: $2.80 / $3.20 Stop Loss: $2.04 A pullback into the highlighted zone offers a high-probability entry, as prior resistance flips to support. The setup provides a solid R/R ratio for momentum continuation. 📊 Technical Outlook Breakout confirmed with volume Retest in progress or upcoming Momentum shifting into AI narratives across crypto and equities Watch closely for confirmation on the retest. As always, manage risk carefully. 🔔 Set alerts around the support zone for potential entry timing.
Long
by Richtv_official
Gold breaks above structure, bulls eye 4,320$Hello, Traders! It's Leo. Are you following XAUUSD? Chart Analysis: Price continues to respect the ascending structure, showing steady bullish pressure. Breakout Confirmation: The breakout above 4,060$ marks a shift from consolidation to trend continuation. Targets: Next resistance sits at 4,320$, with 4,080$–4,040$ acting as the new demand zone. Softer U.S. yields and weaker Dollar tone ahead of key CPI data are helping bulls regain traction, keeping price biased toward 4,320$. 💬 Share your view in the comments — are you watching for continuation or a pullback setup? (Gold gains ground as traders await U.S. inflation data this week)
OANDA:XAUUSDLong
by LeoAtlases
3
EURUSD Long: Bullish Correction Toward 1.16100 ResistanceHello traders! EURUSD is showing signs of recovery after an extended period of bearish movement inside a descending channel, where sellers controlled the market structure. After several failed attempts to break above the upper boundary, the price has formed a Pivot Point near the Demand Zone around 1.15300, a level where buyers have previously shown strong reaction. Currently, a rising Demand Line now supports the bullish correction, helping price break out of the descending channel to the upside. The pair is currently moving toward the Supply Zone located at 1.15900–1.16100, which aligns with a key resistance level that previously triggered reversals.For now, the 1.15300 area remains the critical support for buyers. I expect, holding above this level may allow EURUSD to continue pushing toward the 1.16100 resistance. However, any bearish rejection pattern in the 1.15900–1.16100 zone would signal a potential pullback toward the Demand Line or a retest of 1.15300. On the other hand, a confirmed break and close above 1.16100 would indicate a possible shift toward a medium-term bullish structure. Manage your risk!
Long
by heniitrading
15