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Bitcoin - LifeTime Opportunity! (right now, watch this)I see a lifetime opportunity on the chart of Bitcoin! First, let's take a look at technical analysis. The price of Bitcoin has been inside this red bearish flag for around 10 weeks, and soon we will see either an explosive pump or a critical dump. Bitcoin has been in a pretty strong bear market since October 2025, and bearish flags are technically negative patterns, usually the price goes down after forming such patterns. What's more, we have a small local blue ascending channel that the price respects very well. This could be a critical indicator, because if the price of Bitcoin goes down below this channel, it could trigger a massive drop. And that's the opportunity we talk about - we don't wait for a confirmation of this huge red bear flag, but we wait for a confirmation of this blue channel! This will give you an advantage among swing traders in the future. I think there is sooooo much liquidity below this red bear flag (stop losses, orders to open a short position, etc.) that the whales and banks want to go down and take your money away (if you are long). That's why 58k is a key level to watch, it's below the flag and also at the 0.618 FIB retracement of the previous bull market (2022-2025). What happens after we hit 58k? I think the market will probably want in this case to retest the bear flag's trendline at 69k. So if you short this bear flag later, you may get into trouble, so take your profit at 58k! With this advice you don't get trapped. Watch my updates and stay strong! Write a comment with your altcoin + hit the like button, and I will make an analysis for you in response. Trading is not hard if you have a good coach! I am very transparent with my trades. Thank you, and I wish you successful trades!
Short
by Xanrox
85
EURUSD Rebound from Support – Targeting Higher LevelsHello traders! Here’s my technical outlook based on the current EURUSD (1H) chart structure. EURUSD previously moved inside a descending channel, forming lower highs and confirming bearish pressure. After a breakout from this structure, price found a bottom and initiated a recovery phase. The market then formed a triangle pattern, where a breakout to the upside confirmed a shift in momentum. Currently, price is holding above the 1.1730 buyer zone and approaching the 1.1810 resistance (seller zone), while respecting the rising support line. This indicates consolidation below resistance. As long as EURUSD holds above 1.1730, the bullish bias remains valid. A breakout above 1.1810 could push price toward higher levels (TP1). Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
18
Gold: Institutional Distribution at the Apex.The Macro View: The "Peace Premium" Unwinds 🛰️ Following the historic April 8 ceasefire agreement, the safe-haven demand that drove Gold toward $5,000 earlier this year is starting to evaporate. While the Singapore Peace Talks provide a glimmer of hope, the "higher-for-longer" interest rate environment in the US is finally starting to weigh on non-yielding assets. We are witnessing a classic case of "Buy the Rumor (of War), Sell the Fact (of Peace)." The Setup: The "Symmetric Squeeze" 🧩 The Macro Ceiling: Price is currently colliding with a Strong Resistance Line that has rejected every major advance since the March liquidity flush. Triangle Consolidation: Gold has spent most of April coiling inside a secondary Triangle Pattern. These structures typically precede massive volatility expansions. The Trap: Notice how price is hugging the upper resistance. This "grinding" action often traps breakout buyers right before a structural breakdown. The volume profile suggests institutional distribution (selling) into these relief rallies. The Roadmap: Destination $4,350 – $4,400 🎯 Following the purple projection on the chart, we are looking at a potential "zig-zag" collapse: Immediate Resistance: The $4,840 – $4,850 zone. A 4H close above this level would invalidate the bearish view. The Trigger: A clean break below the local triangle floor ($4,700). Once this support snaps, the "War Premium" will likely be fully priced out. Primary Target: The long-term macro Support Line sitting near $4,350 – $4,400. Why there? This zone represents the original 2025 breakout base and the current 200-day moving average. It’s the ultimate "value zone" where long-term central bank buyers (led by Turkey and China) are expected to step in.
OANDA:XAUUSDShort
by Lingrid
21
Gold Yo-Yo Continues – Watching 4770 SupportLast week, after a down gap and an initial recovery, Gold ranged for most of the week, only to explode to the upside on Friday driven by geopolitical news. However, just a few hours after the market closed, that “news” reversed, and as expected, the Asian session opened with a gap to the downside — continuing this yo-yo pattern that is becoming more and more common. 📊 The Question So now the question is: Will Gold follow the same pattern as last week? 📉 Market Context Looking back: - Last week also started with a strong gap down - Price filled the gap, found support around 4700 - Then moved higher over the next 48 hours If we translate this behavior to the current situation: - We could expect support forming around 4770 - Followed by a move higher toward the 4900 zone 📌 Perspective Of course, this is a conditional scenario, and in the current environment, things can change very quickly — sometimes within hours. Still, the pattern is there, and worth keeping in mind. 🚀 Final Thought Same market, same behavior… maybe. Watch the reaction at support — that’s where the answer is. 🚀
OANDA:XAUUSDLong
by Mihai_Iacob
28
BTCUSDT: Ready to Bounce – Upside Continuation LikelyHello everyone, here is my breakdown of the current BTCUSDT setup. Market Analysis Bitcoin previously traded within a range, showing consolidation before a breakout that confirmed bullish momentum. After breaking above the range, price continued higher and formed a series of higher lows along a rising trend line. The market also broke through a triangle resistance line, reinforcing the bullish structure. Currently, price is trading near the 74,300 support zone, which aligns with a key demand area and the rising trend line. At the same time, price is moving under a descending triangle resistance line, indicating compression and potential for a breakout move. My Scenario & Strategy As long as BTCUSDT holds above the 74,300 support and respects the ascending trend line, a bullish scenario remains valid. I expect a rebound from this zone, which could push price back toward the 76,400 resistance (TP1). However, if price breaks below the 74,300 support and loses the trend line, the bullish structure would weaken, opening the door for a deeper correction. That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
Long
by Ratner
33
EURUSD - A short squeeze could trigger a drop to 1.168FX:EURUSD is shifting its market tone amid changing fundamentals. Negative sentiment is triggering a sell-off and causing the session to open with a gap. The currency pair is breaking its bullish structure amid a strengthening dollar and shifting fundamentals. The market opens with a gap and is retesting key resistance levels. The euro entered a sell-off phase on Friday amid a dollar rebound. The price is hitting new lows, confirming market doubts. Zone of interest: 1.1765 – 1.1793. A short squeeze could trigger a decline Resistance levels: 1.1765, 1.1793 Support levels: 1.1721, 1.1680 A retest of key resistance and the zone of interest (area of imbalance) could shift the balance of power toward sellers and trigger a decline to 1.168 Best regards, R. Linda!
Short
by RLinda
18
AI Trading – The Truth Behind ProfitsIf you've been browsing trading forums recently, you've undoubtedly noticed a trend that's hotter than gold: AI Trading. But to use it effectively, the important thing isn't to chase the trend, but to understand the true nature of AI in trading. 1. What exactly is AI Trading? Simply put, AI Trading is the use of algorithms (machine learning, historical data, statistical models, etc.) to make trading decisions. It's NOT magic. It's just a tool. A truly effective AI trading system typically requires: Huge amounts of data A well-trained model Continuous market updates A team of developers and traders behind it 👉 And importantly: it cannot predict the future, only optimize probabilities. 2. Fact 1: AI doesn't beat the market, it just manages risk better. Many people think AI equals a 90% win rate. The reality? Even large funds only have: 50–60% win rate But extremely good risk/reward ratio. And extremely disciplined capital management. AI doesn't "predict correctly," it accepts mistakes – but controlled mistakes. 3. Fact 2: Not all “AI Trading” systems are the same Many “AI bots” out there are actually just: Simple EAs Martingale/Grid Disguised copy trading This doesn't mean they are ineffective, but rather that each system has its own way of operating and its own level of risk. Under certain market conditions (e.g., sideways), these strategies can work reliably. However, when the market is highly volatile or has a clear trend, performance can vary significantly. 4. Fact 3: AI doesn't replace traders – it only changes how traders make money. AI is strong in: Fast data processing Unaffected by emotions 24/7 trading But AI is weak in: Understanding "real" news Identifying market traps (liquidity traps) Adapting to unexpected events 👉 Therefore, smart traders don't fight AI. But learn to use AI as an assistant. 5. So what should traders do with AI? Don't FOMO. Don't be anti-AI. Use AI correctly: Use AI to backtest strategies Use AI to filter signals Use AI to automate parts of the system But the final decision is still yours.
OANDA:XAUUSDEducation
by Paradise_Noir
25
Bitcoin Loses Short-Term Momentum – Testing the 89 EMAHello everyone, On the H4 timeframe, Bitcoin remains within a broader uptrend, but recent price action is starting to show signs of short-term weakness. After setting a high around the 77,000–78,000 zone, price has pulled back relatively quickly and is now moving toward the 34 EMA (red). What stands out is that this time, price behavior differs from previous pullbacks. Instead of holding firmly and bouncing immediately from the 34 EMA, price has briefly moved below it, indicating weakening short-term buying pressure. At the same time, the latest highs are no longer expanding aggressively but are beginning to slope downward—an early sign of fading momentum. At the moment, the 73,000–73,500 zone (near the 89 EMA – blue) is acting as a key support level. If price holds this area and shows a clear buying reaction, this could simply be a retest within the broader uptrend, helping to “reset” positioning before continuing higher. In that case, a move back toward the 76,000–78,000 zone remains possible.
Long
by DomicChaina
31
Dogecoin (DOGE) Update bullish potential Dogecoin is currently consolidating within a tight local range, signaling a potential expansion move on the horizon as volatility continues to compress. Price action has been accompanied by declining volume, which typically precedes a breakout scenario. As the range tightens, the market is building pressure for a directional move, with volume expected to be the key driver. Key Highlights: - Tight range consolidation signaling expansion - Declining volume suggests buildup phase - $0.07 support remains key for bullish structure The lack of volume during this consolidation phase indicates that neither buyers nor sellers have taken control just yet. However, this type of compression often leads to sharp expansion once participation returns to the market. From a technical standpoint, as long as Dogecoin holds above the $0.07 support level, the structure remains favorable for a bullish breakout. This level acts as a key foundation for buyers, and maintaining support here keeps the upside scenario intact. A strong influx of bullish volume will likely be the trigger needed to break above the local range highs and initiate the next leg upward. Until then, patience is required as price continues to coil within this tightening structure, preparing for its next move.
Long
by The_Alchemist_Trader_
27
Gold Builds Pressure Below Resistance – Bullish ScenarioHello traders! Here’s my technical outlook based on the current XAUUSD (2H) chart structure. Gold previously moved inside a range, showing consolidation before a breakdown that confirmed bearish pressure. After the drop, price found a bottom and started a recovery phase. Following this, gold reclaimed the 4,770 buyer zone, confirming it as a key support level, and moved into an ascending channel. Currently, price is trading below the 4,900 resistance (seller zone), while holding above support and respecting the rising structure. This indicates consolidation under resistance with building pressure. As long as XAUUSD holds above the 4,770 support and respects the ascending channel, the bullish bias remains valid. A breakout above the 4,900 resistance could trigger continuation toward higher levels (TP1). Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDLong
by LegionQ8
26
GOLD OUTLOOK: KEY LEVEL AT 4784 HOLDING THE DIRECTIONHey everyone, The market opened with a glitch gap into the bearish Goldturn gap and filled 4784. However, there was no EMA5 lock below this level, which led to a rejection and a bounce. If this level continues to hold, we are likely to see a move toward filling the bullish gap at 4860 Goldturn. On the other hand, a confirmed break and lock below 4784 would open the door for lower Goldturn targets, where gold may look for support and a potential bounce aligning with our plans to buy dips. We’ll keep you all updated. Mr Gold
OANDA:XAUUSD
by Goldviewfx
14
XAUUSD before the market opens: What is the right choice?D1 PERSPECTIVE – THE BIG PICTURE The overall trend for gold is still bullish, but the problem lies in this: 👉 The price has entered a strong resistance zone – where there was previously very clear selling pressure. This creates two possibilities: If it breaks through → a strong bullish continuation If it is rejected → a deep correction is likely. H4 PERSPECTIVE – THE REAL STORY BEGINS Price is sideways just below the 4,890 resistance level. EMA + Ichimoku show: Price is still above the cloud → trend not broken yet. But upward momentum is weakening. 👉 Most importantly: A range is forming + slight lower high signals. No longer "pushing strongly" as before. WEEKDAY SCENARIO Scenario 1 – Real Break (less likely) If the price breaks strongly above 4,890 Volume + momentum confirmed 👉 Then: Gold will continue following the D1 trend FOMO will appear Scenario 2 – Fake break + dump ( I PREFER THIS ONE ) Based on the chart: Price is being compressed just below resistance High probability: A breakout above 4,890 Then a strong reversal 👉 Technical target: 4,640 region (exactly as you drew) Coincident with: H4 trendline Support zone + Ichimoku cloud NEWS THAT "PUSHED THE DROP" 1. Middle East cools down US-Iran tensions show signs of negotiations The market shifts to risk-on 👉 Consequences: Gold loses its safe-haven role Easily sold off when prices rise 2. Interest rates & USD remain the ultimate boss Federal Reserve tends to keep interest rates high for longer The probability of interest rate cuts is low 👉 High interest rates → money flows to USD Strong USD → gold is pressured down
OANDA:XAUUSDShort
by Paradise_Noir
49
GBPUSD Rejection at Key Resistance ZoneGBPUSD Rejection at Key Resistance Zone The price has consistently respected a horizontal resistance zone near 1.3600. From the chart we can see that these multiple rejections confirm strong selling pressure. The recent move shows another failed breakout attempt, followed by rejection. The bearish momentum is increasing further considering the geopolitical tension in the Middle East. It seems that the US and Iran did not reach an agreement over the weekend and the market uncertainty regarding further developments could increase the strength of the US dollar in the short term. Main targets: 1.3460 1.3385 1.3250 You can find more details on the chart. Thank you and good luck! 🍀 ⚠️PS: Do your own analysis and use your own strategy to join the trade. ❤️ If this analysis helps your trading day, please support it with a like or comment ❤️
Short
by KlejdiCuni
25
#BTCUSDT(BITCOIN): $93000 is Final Target! Intraday Trading IdeaDear Traders, Bitcoin is in a bullish trend; however, we are facing strong resistance at $76,000. We are still ranging around that area. It is now possible to see the price break through the region and push toward the 80k mark. We are overall bullish with clear entry and exit points, alongside our two take-profit levels. Good luck and trade safe. If you have any questions, please comment below; we will be happy to help. Team Setupsfx_
Long
by Setupsfx_
32
BTCUSDT Long: Reclaims Support – Bullish Move Toward 77KHello traders! Here’s my technical outlook based on the current BTCUSDT (2H) chart structure. Bitcoin broke out of a descending channel and shifted into an ascending channel, forming higher lows. Price reclaimed the 73,500 demand zone, confirming strong support. Currently, price is trading within the ascending channel and approaching the 77,000 supply zone, where a recent rejection (test) indicates the presence of selling pressure. As long as BTCUSDT holds above the 73,500 support and respects the ascending channel, the bullish bias remains valid. I expect a potential continuation toward the 77,000 resistance (TP1). A confirmed breakout above this level could open the path for further upside. Manage your risk!
Long
by heniitrading
10
Gold Price Analysis – Key Resistance, Support Levels, and Trend This chart presents a detailed technical analysis of Gold (XAU/USD), emphasizing key support and resistance zones. The Key Resistance at 5,211.636 USD represents a strong level where the price is likely to face significant rejection, while Minor Resistance at 4,870.016 USD may lead to a potential price reversal or continuation. On the downside, the Support Zone at 4,810.230 USD is expected to hold the price, providing a potential bullish reaction. If price breaks lower, Critical Support at 4,371.438 USD could act as a strong level to monitor for reversal. Lower Support at 4,190.814 USD is another key level where price may find support or show signs of reversal. The Upward Trend Channel indicates a bullish market momentum, suggesting that further price movement upward is possible unless key resistance levels are breached. Traders should closely monitor these levels for potential breakouts, reversals, or continuation of the trend.
TVC:GOLDLong
by XauusdMarketNavigator
14
Corrective Recovery Testing Supply, Decision Zone ApproachingXAUUSD — Corrective Recovery Testing Supply, Decision Zone Approaching XAUUSD is now trading inside a corrective recovery phase after the sharp March displacement lower. The rebound has been structurally positive from the swing low, but the current leg is compressing directly beneath a defined supply zone, which keeps the market in a decision area rather than in confirmed bullish continuation. Macro Context The current macro mix is not fully supportive for gold in the short term. Renewed U.S.–Iran tension has pushed oil prices higher, strengthened the U.S. dollar, and lifted Treasury yields. That matters because gold performs best when fear rises while yields and the dollar soften. At the moment, the market is pricing the inflationary side of the geopolitical shock more aggressively than the pure safe-haven side. That creates a difficult environment for upside continuation: higher oil keeps inflation concerns alive firmer USD pressures gold mechanically higher yields increase gold’s opportunity cost geopolitical risk still prevents a clean collapse So the broader regime is not cleanly bearish, but it is also not a clean bullish expansion regime. It is a headline-driven corrective environment with resistance still active. Technical Structure Read From a structural standpoint, the chart shows three important features: a strong recovery from the March capitulation low an upward corrective structure with rising support price now pressing into a clear supply ceiling around 4873.4 This matters because impulsive bullish continuation usually shows clean acceptance through resistance. Here, price is still reacting under supply, which means the recovery remains vulnerable to rejection unless buyers can force acceptance above the local ceiling. The volume profile also reinforces this interpretation. Price is trading around an active high-volume area rather than escaping into a fresh expansion leg. That usually means the market is still negotiating value, not yet repricing decisively higher. Key Levels Immediate resistance: 4873.4 Major resistance / expansion target: 4990.5 – 5017.4 First support / decision demand: 4753.6 – 4775.7 Second support: 4692.4 – 4710.6 Third support: 4644.4 – 4670.4 Deeper imbalance / major support: 4539.7 – 4573.5 Liquidity and Order-Flow Logic The current area looks like a compression zone under supply, not a clean breakout base yet. That means two-way liquidity is likely to be taken before the next directional move expands. If price cannot secure acceptance above 4873.4, the market can rotate lower to rebalance into 4753.6–4775.7 first. If that first support fails, the structure opens room toward the next demand layers at 4692 and 4644. In other words, the market is close to a local ceiling while still sitting inside a corrective range. Until resistance is reclaimed with acceptance, upside remains conditional. Bias Framework Short-term bias: neutral to slightly bearish while price remains capped below 4873.4. Medium-term bias: recovery remains valid only if price continues defending higher demand zones and avoids losing the rising corrective structure. Narrative bias: gold is stabilizing after a major flush, but the recovery is currently corrective rather than impulsive. Structural confirmation needed for bulls: acceptance above 4873.4, followed by continuation toward 4990.5–5017.4. Structural confirmation needed for bears: rejection from current supply and a clean loss of 4753.6–4775.7. Scenario Map Scenario 1 — Bullish continuation Continuation requires: price to hold above the first demand zone buyers to secure acceptance above 4873.4 follow-through candles to confirm that the move is not just another corrective poke into supply If that happens, the path opens toward: 4990.5 5017.4 This scenario becomes credible only after resistance turns into support. Without that acceptance, upside remains vulnerable to rejection. Scenario 2 — Corrective rejection and deeper rotation Rejection remains the more tactically relevant scenario while price is still capped below 4873.4. This scenario strengthens if: price fails to hold current recovery structure the market loses 4753.6 – 4775.7 selling pressure expands through the first demand zone instead of being absorbed If that happens, downside rotation can extend into: 4692.4 – 4710.6 4644.4 – 4670.4 4539.7 – 4573.5 in a deeper correction Conclusion XAUUSD is still in recovery from the March low, but the current leg is trading like a corrective advance into supply rather than a confirmed bullish breakout. The market is now approaching a decision point. As long as price remains below 4873.4, the chart remains vulnerable to a downside rotation back into lower demand. A clean acceptance above that resistance would invalidate the immediate pressure and shift focus toward the 4990.5 – 5017.4 zone. For now, this chart is best classified as a corrective structure inside a broader decision range, with resistance overhead and support layers below waiting to define the next expansion.
OANDA:XAUUSD
by GForecast
13
Bitcoin After the Rally — Is a Bigger Drop Loading?Last week, as investor optimism rose, especially alongside the stock market and the S&P 500 ( FX:SPX500 ), Bitcoin ( BINANCE:BTCUSDT ) didn’t miss out on the rally, reaching around $78,600. However, over the weekend, Bitcoin began to decline. One reason is the possibility of renewed military tensions between Iran and the U.S. in the Middle East, which brought more fear into the crypto market. Additionally, since my analysis of the S&P 500 suggests a bearish outlook, Bitcoin may continue its downward trend this week. That said, any positive news—like an Iran-U.S. agreement—could swiftly shift the market, so risk management is key. Currently, Bitcoin is moving in the heavy resistance zone($78,600-$71,700) and approaching the Cumulative Short Liquidation Leverage($77,700-$76,000). From a classical technical perspective, it seems Bitcoin could form a head and shoulders pattern, especially if it begins to decline before reaching $76,000. This would confirm the pattern and could lead to further declines in the coming days. From an Elliott Wave perspective, it looks like Bitcoin completed its main wave C, so we may expect downward waves—particularly after breaking support lines. I expect Bitcoin, after hitting the Cumulative Short Liquidation Leverage($77,700-$76,000), could drop at least to $76,000, break support lines, and potentially fall to around $73,600. If the momentum is strong, we might even see it drop toward $72,230. First Target: $73,600 Second Target: $72,230 Stop Loss(SL): $77,500(Worst) Points may shift as the market evolves Cumulative Long Liquidation Leverage: $73,300-$72,800 New CME gap: $77,545-$75,680 CME gap: $84,560-$79,660 CME gap: $70,055-$69,535 CME Gap: $67,570-$67,170 What’s your view on Bitcoin? Could it push above $80,000, or should we expect another drop? 💡 Please respect each other's opinions and express agreement or disagreement politely. 📌Bitcoin Analysis (BTCUSDT), 4-hour time frame. 🛑 Always set a Stop Loss(SL) for every position you open. ✅ This is just my idea; I’d love to see your thoughts too! 🔥 If you find it helpful, please BOOST this post and share it with your friends.
Short
by pejman_zwin
16
XAUUSD: Respecting Channel - Continuation to the Upside LikelyHello everyone, here is my breakdown of the current XAUUSD setup. Market Analysis Gold moved from a range into a downward channel, confirming bearish pressure. After a breakdown, price found strong support near 4,700 and reversed, forming an ascending channel with higher lows. The market also reclaimed the key support zone, strengthening the bullish structure. Currently, price is trading inside the rising channel, holding above 4,700 support and approaching the 4,900 resistance zone, where selling pressure is expected. My Scenario & Strategy As long as XAUUSD holds above 4,700 and respects the ascending channel, the bullish bias remains valid. A continuation could push price toward 4,900 (TP1). However, if price fails to break above 4,900 and shows rejection, a pullback toward the 4,700 support zone could occur before any further move. That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
FOREXCOM:XAUUSDLong
by Ratner
12
Sellers Step In as EURUSD Momentum FadesEUR/USD is showing a strong bullish trend after breaking out of a descending structure and forming consistent higher highs and higher lows 📈. Price respected a rising trendline and moved into a key resistance zone near recent highs, where rejection signals are now visible ⚠️. This suggests that buying momentum is weakening and sellers may begin to take control. A short-term bearish correction looks likely if price fails to sustain above this resistance zone. The first downside target is 1.17443, followed by 1.17063, and the final target stands at 1.16696 🎯. Overall, while the broader trend remains bullish, the current price action indicates a potential pullback before any further upward continuation. If you found this EUR/USD analysis helpful, don’t forget to LIKE 👍 and COMMENT 💬!
Short
by Dynamic_Trade_Strategies
12
USD/CAD: The Waterfall Continues! Next Stop: 1.3640 Macro FloorThe Macro View: A Perfect Storm 🛰️ As we head into late April 2026, the fundamental landscape has shifted dramatically. With the US-Iran conflict driving oil prices toward the $130-$150 range, the Canadian Dollar is benefiting from a significant "commodity tailwind." While the Bank of Canada holds steady at 2.25% ahead of their April 29 meeting, the market is cashing in on USD protectionism fears, leading to a sharp repricing of this pair. The Setup: Structural Breakdown 🧩 The 6H chart provides a masterclass in trend reversal: The Wedge Breakdown: After a prolonged rally, the Ascending Wedge (a bearish reversal pattern) broke to the downside. The Perfect Retest: Notice the "Retest" label—price returned to the broken wedge support (near 1.3880) to confirm it as new resistance before the current "waterfall" began. The Horizontal Breach: Price has now sliced through the major horizontal Support Line at 1.3750. This level, which held the floor for most of March, has officially flipped into a ceiling. The Roadmap: Destination 1.3640 🎯 Following the purple zig-zag projection, the path of least resistance remains sharply lower: Immediate Target: The lower boundary of the Macro Broadening Formation sitting near 1.3630 – 1.3650. The Bounce: Expect a "buy-the-dip" reaction at that macro floor, potentially leading to a relief rally to retest the 1.3750 horizontal level from below. Invalidation: A sustained daily close back above 1.3800 would suggest the current breakdown is a "trap" and force a re-evaluation.
Long
by Lingrid
12