Bullish bounce off 38.2% Fibonacci support?AUD/JY is falling towards the support level, which is an overlap support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take-profit.
Entry: 99.44
Why we like it:
There is an overlap support that aligns with the 38.2% Fibonacci retracement.
Stop loss: 98.71
Why we like it:
There is a pullback support that aligns with the 50% Fibonacci retracement.
Take profit: 100.92
Why we like it:
There is a multi-swing high resistance level.
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D-AUD
GBP/AUD - Bearish Flag Pattern in H1GBP/AUD – Sell Entry (H1 – Flag Pattern)
The GBP/AUD Pair, Price has been trading within a Flag Pattern on the H1 chart, forming consistent lower highs and lower lows. Price action is now testing the lower boundary of the pattern, signalling a possible breakdown.
✅Market Context:
1️⃣Downward structure building inside the pattern.
2️⃣Sellers are showing strength near support levels.
3️⃣Breakdown below the trendline indicates momentum continuation toward lower zones.
✅Trade Plan:
Entry: Sell after confirmed breakdown below the support (Candle close below trendline or retest of the breakout).
💰Take Profit (TP): At the Key Zone – major support area identified ahead.
🛑Stop Loss (SL): Above the pattern structure / recent swing high.
✅Psychological Discipline:
1️⃣Stick to plan – No Revenge Trades.
2️⃣Accept losing trades as part of the strategy.
3️⃣Risk only 1–2% of your account balance per trade.
💬 Support the community: If you found this useful, drop a 👍 like and share your thoughts in the comments!
⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Forex trading involves high risk. Trade only with capital you can afford to lose and always do your own research.
AUD/JPY - M30 - Bullish Channel FormationAUD/JPY – Buy Entry (M30- Channel Pattern)
The AUD/JPY Pair, Price has been trading within a Channel Pattern on the M30 chart, forming consistent higher highs and higher lows. Price action is now testing the upper boundary of the Pattern, signalling a possible breakout.
✅Market Context:
1️⃣Strong Upward Structure Inside the Pattern.
2️⃣Buyers are showing strength near Resistance.
3️⃣Breakout above the Trendline indicates Momentum continuation toward higher zones.
✅Trade Plan:
Entry: Buy after Confirmed Breakout above the Resistance (H1 candle close above trendline or retest of the breakout).
💰Take Profit (TP): At the Key Zone – a Major Resistance area identified ahead.
🛑Stop Loss (SL): Below the Pattern Structure.
✅Psychological Discipline :
1️⃣Stick to plan – No Revenge Trades.
2️⃣Accept losing trades as Part of the Strategy.
3️⃣Risk only 1–2% of your account balance per trade.
💬 Support the community: If you found this useful, drop a 👍 like and share your thoughts in the comments!
⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Forex trading involves high risk. Trade only with capital you can afford to lose and always do your own research.
Potential bullish bounce?AUD/USD is falling towards the support level, which is an overlap support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.6525
Why we like it:
There is an overlap support that aligns with the 50% Fibonacci retracement.
Stop loss: 0.6484
Why we like it:
There is a pullback support that aligns with the 78.6% Fibonacci retracement.
Take profit: 0.6606
Why we like it:
There is a multi-swing high resistance level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
AUD/USD Snaps 5-Day Winning Streak At ResistanceThe less-dovish-than-expected FOMC meeting overshadowed Australia’s hot CPI report, sending AUD/USD lower after a five-day winning streak. Price action printed a bearish pinbar around the 0.66 handle, aligning with the October VPOC and monthly pivot point — a confluence that triggered profit-taking among bulls.
On the hourly chart, a bullish pinbar and doji have formed around the weekly R2 pivot, with RSI deeply oversold. A minor intraday bounce in Asia looks likely, though sellers could fade rallies toward 0.6573 (weekly R1) or 0.6528 (gap support).
If a retracement lower unfolds, I’ll be watching for signs of a swing low on the daily chart — a potential springboard for the next leg higher in the Australian dollar towards its 200-week EMA.
Matt Simpson, Market Analyst at City Index and Forex.com
Falling towards major support?The Aussie (AUD/USD) is falling towards the pivot which is an overlap support that aligns with the 50% Fibonacci retracement and could bounce to the major resistance.
Pivot: 0.6530
1st Support: 0.6484
1st Resistance: 0.6619
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bullish reversal off major support?EUR/AUD is reacting off the support level, which is a multi-swing low support and could bounce from this level to our take profit.
Entry: 1.75925
Why we like it:
There is a multi-swing low support.
Stop loss: 1.74710
Why we like it:
There is a multi-swing low support.
Take profit: 1.77348
Why we like it:
There is a pullback resistance that lines up with the 23.6% Fibonacci retracement.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bullish bounce off pullback support?AUD/CAD is falling towards the support level, which is a pullback support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.91526
Why we like it:
There is a pullback support that aligns with the 38.2% Fibonacci retracement.
Stop loss: 0.90988
Why we like it:
There is a pullback support that aligns with the 78.6% Fibonacci retracement.
Take profit: 0.92437
Why we like it:
There is a swing high resistance level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
AUDUSD H4 | Potential Bearish Reversal from Key Resistance LevelAUD/USD is rising towards the sell entry which is a pullback resistance that aligns with he 78.6% retracement and the 78.6% Fibonacci projection and could reverse from this level to the downside.
Sell entry is at 0.6636, which is a pullback resistance that aligns with the 78.6% retracement and the 78.6% Fibonacci projection.
Stop loss is at 0.6684, which is a swing high resistance.
Take profit is at 0.6559, which is a pullback support.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Potntial bullish rise?AUD/CHF has reacted off the pivot and could rise to the 1st resistance which has been identified as a multi swing high resistance.
Pivot: 0.552229
1st Support: 0.51848
1st Resistance: 0.53094
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Hot CPI Kills Hopes of an RBA CutAustralia's Q3 inflation figures have just dropped, and all surprised to the upside. Not only does this kill hopes of a cut next week — and likely for the rest of the year — but it also suggests the RBA may have already reached the terminal rate of this cutting cycle. I take a quick look at the figures, AUD/USD, and the ASX 200.
Matt Simpson, Market Analyst at City Index and Forex.com.
EURAUD to find buyers at current market price?EURAUD - 24 expiry
The selloff is close to an exhaustion count on the intraday chart.
We expect a reversal in this move.
Risk/Reward would be poor to call a buy from current levels.
A move through 1.7775 will confirm the bullish momentum.
The measured move target is 1.7875.
We look to Buy at 1.7700 (stop at 1.7625)
Our profit targets will be 1.7850 and 1.7875
Resistance: 1.7800 / 1.7850 / 1.7875
Support: 1.7750 / 1.7700 / 1.7650
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Bullish bounce off the support zone?AUD/JPY is falling towards the support level, which is a pullback support that is slightly above the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 98.99
Why we like it:
There is. pullback support that that os slightly above the 38.2% Fibonacci retracement.
Stop loss: 98.39
Why we like it:
There is a pullback support that lines up with the 50% Fibonacci retracement.
Take profit: 100.17
Why we like it:
There is a pullback resistance level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Potential bearish reversal?AUD/CHF has rejected off the resistance level, which is an overlap resistance that aligns with the 61.8% Fibonacci retracement and could drop from this level to our take rpofit.
Entry: 0.52164
Why we like it:
There is an overlap resistance that aligns with the 61.8% Fibonacci retracement.
Stop loss: 0.52489
Why we like it:
There is an overlap resistance that is slightly below the 78.6% Fibonacci retracement.
Take profit: 0.51816
Why we like it:
There is a pullback support.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
AUDUSD POSSIBLE SELL SETUP🧭 Market Structure Overview
Current price: around 0.6547
The chart shows a bearish structure shift — after price reached a high near 0.6560–0.6565, it created:
A Break of Structure (BOS) to the downside.
A Change of Character (CHoCH) confirming a transition from bullish to bearish momentum.
🧱 Key Supply and Demand Zones
Supply zone (short entry area):
Marked in red around 0.6550–0.6560
This is where sellers previously entered and broke structure — potential retest zone for short entry.
Demand zones (targets):
Minor demand: around 0.6530–0.6535
Major demand / final target: near 0.6515–0.6510
📉 Trade Plan (Sell Setup)
Bias: Bearish
Entry zone (sell):
Wait for a retracement into 0.6550–0.6555 (supply zone retest)
Confirmation:
Look for lower time frame rejection (e.g. bearish engulfing, BOS down on 1–5m chart) at that zone.
Stop loss:
Above 0.6565 (just beyond the BOS high / supply zone)
Take profit targets:
TP1: 0.6535 (first demand / liquidity pocket)
TP2: 0.6515 (main target, strong demand zone)
Risk-to-reward (approx):
1:3 to 1:4, depending on entry precision
🔍 Market Logic
Price made a lower high and broke structure to the downside.
The CHoCH confirms momentum has shifted.
The liquidity above 0.6560 has been swept — institutions likely distributed there.
Expect a retracement into supply before the next impulsive leg down.
⚠️ Trade Management Tips
If price fails to reach 0.6550 and instead breaks below 0.6535 decisively, consider waiting for a pullback to 0.6540 for re-entry.
Move SL to breakeven after TP1 is hit.
Potential bullish bounce?AUD/USD has bounced off the support level, which serves as a pullback support and could rise from this level to our take-profit target.
Entry: 0.6500
Why we like it:
There is a pullback support level.
Stop loss: 0.6481
Why we like it:
There is a pullback support level.
Take profit: 0.6542
Why we like it:
There is a pullback resistance level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
MASTERCLASS: INTRADAY & SWING TRADE AUDUSD 🦘 AUDUSD (0.66112) - COMPREHENSIVE TECHNICAL MASTERCLASS: INTRADAY & SWING TRADE BLUEPRINT 🦘
October 27-31, 2025 | Advanced Multi-Timeframe Trading Forecast
🎯 MARKET OVERVIEW & ANALYSIS SCOPE 🎯
Current Spot Price: 0.66112 | Analysis Date: Oct 25, 2025 | Timeframes: 5M-1D Complete Spectrum | Trading Style: Intraday Scalp + Swing Trade | Conviction: Medium-High
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📊 1. MULTI-TIMEFRAME TREND STRUCTURE & DOW THEORY VALIDATION 📊
🔍 Daily (1D) Timeframe - Primary Market Direction
The 1D chart exhibits mixed consolidation with bearish undertone . Dow Theory framework shows LOWER HIGHS pattern emerging (0.6640 → 0.6620 → 0.6615), signaling potential downtrend initiation. Elliott Wave structure suggests completion of 5-wave impulse (up) targeting reversal near 0.6580-0.6600 levels. RSI reading 48-52 (neutral zone, showing weakness as bearish bias forms). VWAP at 0.6605 acting as temporary support with breach implications downward.
⏰ 4H Timeframe - Swing Trade Risk Structure
Four-hourly demonstrates bearish flag formation with downside target potential . Price consolidating below 0.6625 resistance after failed breakout attempts. Bollinger Bands tightening (squeeze pattern)—volatility expansion imminent. RSI declining from 55 to 48 range (bearish momentum deterioration). Ichimoku Cloud configuration: price trapped between Kijun-sen (resistance) & Senkou Span B (dynamic support)—indecision zone. Downside target: 0.6580-0.6560.
🔥 1H to 5M Intraday Setup - Micro Timeframe Dynamics
One-hour shows head-and-shoulders pattern developing with neckline at 0.6610. Left shoulder complete (0.6625), head forming (0.6620), right shoulder declining (0.6618). Harmonic pattern: Bearish Bat identified at 0.6595 (D-point) suggesting short entry opportunity. 30M timeframe displays EMA50 crossing below EMA200 (bearish crossover just initiated). Volume declining on attempted rallies = selling pressure dominance. 5M shows bear trap formation near 0.6625—trapping bullish retailers before reversal.
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🎯 2. ENTRY & EXIT PROTOCOL + WYCKOFF DISTRIBUTION PHASE 🎯
SWING TRADE SHORT ENTRIES (4H/1D): Sell breakdown below 0.6610 (H&S neckline) with stop @ 0.6635 (Risk:Reward 1:3 minimum). Wyckoff Distribution phase activated—institutional selling pressure accumulating. Target: 0.6560-0.6540 (swing trade 3-5 days hold).
INTRADAY SHORT SCALPS (5M/15M/30M): Multiple entry opportunities: (1) Head-and-shoulders neckline break = 0.6610 entry | (2) Bearish Bat PRZ completion = 0.6595-0.6590 aggressive short | (3) EMA crossover rejection on 30M = 0.6615-0.6620 pullback short entry.
PRIMARY PROFIT TARGETS: 1D: 0.6560 | 4H: 0.6575 | 1H: 0.6600 | 30M: 0.6610 (quick 15-20 pip scalp gains) | Extended: 0.6540 (major support level).
STOP LOSS PLACEMENT STRATEGY: Swing shorts: 0.6640 (above H&S left shoulder) | Intraday: 0.6625 (tight 15-20 pip stops) | Trail stops below Bollinger Band upper band as price descends.
💡 Pro Trading Tip: Use Ichimoku Kijun-sen (26-period) as dynamic resistance/stop level. Lock profits at each support zone identified via Gann angles.
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⚡ 3. REVERSAL SIGNALS & JAPANESE CANDLESTICK PATTERN ANALYSIS ⚡
✅ BEARISH REVERSAL CONFIRMATIONS:
Engulfing pattern visible on 30M chart—red candle engulfing previous green (seller dominance confirmed). Shooting star candlestick near 0.6625 (failed rally rejection). Dark cloud cover pattern on 1H signals seller takeover at highs. Head-and-shoulders neckline (0.6610) acts as critical reversal zone. Ichimoku Chikou Span trading BELOW price action = confirmed bearish structure. Stochastic showing bearish divergence (lower highs on RSI/price higher highs).
⛔ BULLISH REVERSAL WARNINGS & BULL TRAP IDENTIFICATION:
Bull trap currently IN PROGRESS near 0.6625 resistance—retailers buying resistance, institutions distributing. If price breaks above 0.6630 with declining volume, false breakout confirmed. Morning Star pattern absent—no reversal higher probability. VWAP rejection combined with closing below 0.6610 = strong bearish confirmation. Gann resistance at 0.6640 acts as major distribution zone where selling accelerates.
⚠️ CRITICAL LEVEL: 0.6610 (H&S neckline) = REVERSAL THRESHOLD. Break below = Bearish Continuation | Hold above with volume = Bull trap intact
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🔴 4. BREAKDOWN DYNAMICS & BEARISH PATTERN FORMATIONS 🔴
✅ PRIMARY BEARISH BREAKDOWN SCENARIO (65% PROBABILITY):
Head-and-shoulders breakdown below 0.6610 neckline on 1H timeframe with volume confirmation (need 20%+ volume spike below average). Elliott Wave target: 0.6540-0.6500 (5th wave decline in new downtrend cycle). Bollinger Band lower band at 0.6560 = natural extension target. Measured move from pattern: H&S height (0.6625-0.6610 = 15 pips) projected downward = 0.6595 target.
🔷 HARMONIC PATTERN PRECISION DOWNSIDE TARGETS:
Bearish Bat pattern (XA:BC 0.618) D-point entry: 0.6595 with target 0.6540 (161.8% extension downward). Bearish Butterfly on 4H suggesting potential extended move to 0.6480 (extreme scenario). Crab pattern confluence identifies 0.6570 as intermediate support-bounce zone.
⚠️ BULLISH PATTERN - FALLING WEDGE (BULL TRAP) (35% PROBABILITY):
If price holds above 0.6610, 4H chart displays falling wedge formation that could breakout bullishly to 0.6650+. Stochastic confluence on 1H indicates potential bounce setup. However, volume analysis suggests limited upside conviction. Bear trap possible if institutions accumulate after distribution climax. Watch for climactic volume spike—wedge collapse likely either direction.
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📉 5. VOLATILITY METRICS & PRICE ACTION COMPRESSION 📉
🌊 Bollinger Bands - Critical Squeeze Signal:
Band width compressing to 180 pips on 1D (lowest in 12 days)—explosive volatility breakout imminent within 36-48 hours. Intraday Bollinger Bands (5M/15M/30M) showing initial expansion toward lower band—bearish volatility thesis strengthening. Price approaching lower Bollinger Band (0.6580) = oversold setup potential or trend continuation signal depending on volume.
📍 SUPPORT & RESISTANCE ARCHITECTURE:
MAJOR RESISTANCE ZONES: 0.6630 (Bull trap distribution level) | 0.6625 (Recent swing high) | 0.6640 (Gann angle resistance) | 0.6650 (Weekly pivot)
CRITICAL SUPPORT LEVELS: 0.6610 (H&S neckline/VWAP area) | 0.6595 (Harmonic D-point) | 0.6575 (4H support) | 0.6560 (Bollinger lower band) | 0.6540 (Major support)
VWAP PROFILE: Daily VWAP: 0.6605 (trending downward) | Weekly VWAP: 0.6615 (secondary resistance)
📊 Moving Average Divergence - Bearish Alignment:
EMA 50 below EMA 200 on 1H/4H (bearish structure forming). SMA 20 crossing below SMA 50 on 30M = momentum deterioration signal. 5M chart: EMA50 recently crossed below EMA200—intraday downtrend initiation confirmed. Price trading BELOW all major moving averages = weakness confirmed. Wyckoff Distribution phase in progress—institutional selling continuing.
🎯 OVERBOUGHT/OVERSOLD CONDITIONS & MOMENTUM EXHAUSTION:
RSI Status: 48-52 range (neutral sliding toward oversold)—RSI approaching 40 = potential for capitulation move lower. Stochastic on 15M: Declining from 55 toward 30 zone = bearish momentum acceleration. Ichimoku RSI below midline transitioning lower—downside potential significant. CCI on 5M declining below zero (strong bearish momentum without extreme oversold exhaustion). Fast Stochastic declining toward 20 level—room for extended downside run.
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🎓 6. ADVANCED TECHNICAL THEORY INTEGRATION & FRAMEWORKS 🎓
⭐ ELLIOTT WAVE STRUCTURE: 5-wave impulse (up) completed near 0.6625 | Wave A (down) declining toward 0.6595-0.6540 | Correction target: 50% retracement = 0.6575 | Extended target: 161.8% extension = 0.6480 maximum (9-12 trading days)
⭐ GANN THEORY APPLICATION: 45-degree angle resistance @ 0.6640 (broken support becomes resistance) | Square of Nine support @ 0.6540 | Time-Price intersection: 6-8 trading days for major swing completion | Gann fan support @ 0.6560
⭐ WYCKOFF METHODOLOGY - DISTRIBUTION PHASE: Spring pattern failed (no spring reversal) = Distribution confirmation | Markup phase ended, Distribution phase INITIATED | Test & Decline pattern active = institutional distribution continuing | Expected breakdown: 0.6595-0.6540 over 5-7 trading days | Climax alert: Watch for volume spike + wide range candle = distribution completion
⭐ DOW THEORY BEARISH CONFIRMATION: Lower highs: 0.6640 → 0.6625 → 0.6620 | Lower lows: 0.6590 → 0.6585 | Volume declining on rallies = downtrend validation | Trend now firmly bearish-biased
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✨ COMPLETE TRADING ACTION PLAN ✨
🔴 PRIMARY BEARISH SCENARIO (65% Probability):
Entry Zone: 0.6610 (H&S breakdown) or 0.6615-0.6620 (pullback short)
Stop Loss: 0.6640 | Target 1: 0.6595 | Target 2: 0.6575 | Target 3: 0.6560
Risk/Reward: 1:3+ | Hold Duration: Swing (3-5 days) + Intraday scalp (1-3 hours)
Conviction Level: 65% | Setup Quality: Premium Bearish | Volume: Confirming
🟢 SECONDARY BULLISH SCENARIO (35% Probability - Contingency):
Trigger: Hold above 0.6625 + Stochastic bounce + Volume expansion upward
Entry: 0.6630 long | Stop: 0.6610 | Target: 0.6650 (bounce setup only)
Probability: 35% (Lower conviction bull trap risk) | Pattern: Falling wedge breakout
⏱️ TIMEFRAME STRATEGY HIERARCHY: 1D (macro structure) + 4H (swing foundation) + 1H (entry confirmation) + 15M/5M (execution precision)
💰 POSITION SIZING & RISK RULES: Risk max 1-2% portfolio per trade | Scale shorts on 50% pullbacks toward 0.6625 | Trail stops above Bollinger upper band
🔔 PRICE ALERT SYSTEM: Sell signal @ 0.6610 (neckline break) | Stop loss alarm @ 0.6640 | Take profit 1 @ 0.6595 | Full target @ 0.6560 | Extended @ 0.6540
📱 EXECUTION BLUEPRINT: Aggressive breakdown entries (30% position) + Patient pullback shorts (70% position) = risk-balanced approach | Scale out profits at each support zone
⚠️ RISK MANAGEMENT: Bull trap alert at 0.6625-0.6630 | Volume confirmation mandatory on entry | Trail stops religiously | Close to breakeven if volume fails
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⚖️ COMPLIANCE DISCLAIMER: This analysis provided for educational & information purposes ONLY. NOT financial/investment advice. All trading carries substantial risk of loss. Trade only with capital you can afford to lose. Always implement proper risk management. Consult qualified financial advisors before trading. Past performance ≠ future results. Markets unpredictable.
AUDUSD H1 | Bullish Bounce Off SupportAussie (AUD/USD) has bounced off the buy entry which is a pullback support that aligns with the 61.8% Fibonacci retracement and could rise from this levle to the upside.
Buy entry is at 0.6492, which is a pullback support that aligns with the 61.8% Fibonacci retracement.
Stop loss is at 0.6476, whic is a multi swing low support.
Take profit is at 0.6526, which is a multi swing high ressitance.
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Bullish bounce off pullback support?AUD/JPY is falling towards the pivot which is a pullback support and could bounce to the 1st resistance which has been identified as a swing high resistance.
Pivot: 98.67
1st Support: 98
1st Resistance: 100.89
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
NZD Buys & Sells Pending mitigation on both sides of this. The sweep to the upside takes out plenty of liquidity on the HTF, while the buys look like accumulation. Either setup valid, but I'd be mindful of AUD and the liquidity it's building up. Liquidity sweeps of AUD would further confirm these setups.
Bullish reevrsal off pullback support?The Aussie (AUD/USD) could fall towards the pivot and could bounce to the 1st resistance which acts as a multi swing high resistance.
Pivot: 0.6500
1st Support: 0.6486
1st Resistance: 0.6522
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.






















