Euro can reach resistance line of wedge and then drop to $1.0400Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price reached the resistance line before beginning to decline. Shortly after, the Euro dropped to the support level, aligning with the buyer zone, then rebounded back to the resistance line before falling again and breaking below the 1.0300 level. Following that, the Euro made a strong upward move, pushing past the resistance level and briefly entering the seller zone. However, the price quickly reversed and started declining within a wedge pattern, eventually breaking through the support line as well. It then fell to the lower boundary of the wedge, forming a gap before beginning to climb again. Not long after, the Euro broke above the 1.0300 level, retested it, and surged toward the resistance level, where it immediately re-entered the seller zone. After some consolidation in this area, the price dropped back to the wedge’s support line, breaking below 1.0490 once again. Recently, however, it rebounded and is now trading near the 1.0490 resistance level. From my perspective, the Euro has the potential to rise toward the wedge’s resistance line, breaking above the resistance level before reversing downward. If that happens, I expect the price to break below 1.0490 again and continue falling toward the wedge’s support line. That’s why I’ve set my TP at 1.0400, as it aligns with this key level. Please share this idea with your friends and click Boost 🚀
Supportandresitance
Gold may continue to fall inside downward wedgeHello traders, I want share with you my opinion about Gold. A short while ago, the price dropped to the support line, breaking through the resistance level that aligned with the resistance area. Following this, it rebounded and quickly climbed to the 2935 level, even entering the seller’s zone before pulling back to the support line. After that, the price made another push toward the seller’s zone but remained range-bound near the 2935 resistance level. Eventually, it reversed and began to decline, first breaking below 2935 and soon after breaching the support line as well. Gold then continued its downward movement within a falling wedge pattern. Inside this formation, the price touched the support line before rebounding to the resistance line, where it hovered for a while before eventually dropping back to the wedge’s support line, breaking the current resistance level along the way. At the moment, XAU is still moving lower, but I anticipate a temporary rise toward the resistance area before the decline resumes. Given this scenario, I have set my TP at 2830, which aligns with the wedge’s support line. Please share this idea with your friends and click Boost 🚀
Bullish behaviour on NEM stockThe price of Newmont Corporation shares retraced to the areas where professional buying took place in the past (blue rectangles). The volume during that move down is decreasing, which, according to Volume Spread Analysis (VSA), is bullish behaviour.
Also, given that today's bar penetrates the recent demand zone and the professionals were buying there again, this stock looks very strong and has a high chance of reversal.
Closing above the $43.72 level followed by its testing on daily or lower (1H, 15 minutes) timeframes might start the rally towards $55.13 - $55.89 with resistance around $49.27 - $50.12.
If today's bar is tested and supply reappears during this process, we may expect an extension of the ongoing correction to the $37.53 - $38.37 area and another surge of buying there.
Euro can reach resistance level, break it and continue to growHello traders, I want share with you my opinion about Euro. A few days ago, the price entered a wedge pattern, where it immediately rebounded from the support line into the seller's zone. It then started to decline, quickly dropping to the 1.0355 support level, which aligned with the buyer's zone. Following this, the Euro experienced a sharp gap down, breaking out of the wedge and falling below the support level. However, it soon reversed direction and began to rise, reaching the support level again and breaking through it. After that, the Euro continued moving upward within the range formed by the resistance and support lines. It first corrected to the support line before making a strong push toward the support-turned-resistance level. After breaking it and completing a retest, the price climbed further to the resistance line. From there, it briefly pulled back before making another upward move, reaching the seller's zone, which coincided with a key resistance level. The price consolidated near this level for some time before dropping to the support line. However, not long ago, it rebounded and started to rise again. In this scenario, I expect the price to continue its upward movement toward the resistance level. If it manages to break through, a retest could follow before further growth. Based on this, I have set my TP at 1.0580. Please share this idea with your friends and click Boost 🚀
#BAKEUSDT – Quick Trade: Fast Short Opportunity!BYBIT:BAKEUSDT.P is showing weakness after breaking below the $0.2310 zone and consolidating lower. Sellers are in control, price remains below POC $0.2524, and volume confirms bearish pressure.
👉 Key Takeaways:
⚡️ This is a fast trade – no waiting!
The goal is to set the order, take profit, and exit quickly.
⚡️ Fast entry – confirmed breakdown below $0.2278.
⚡️ Tight stop-loss – set at $0.2376 to minimize risk.
⚡️ Quick target – $0.2158, where a bounce may occur.
📉 SHORT BYBIT:BAKEUSDT.P from $0.2278
🛡 Stop Loss: $0.2376
⏱️ 1H Timeframe (Quick Trade!)
✅ Overview:
➡️ BYBIT:BAKEUSDT.P is trading below $0.2310, confirming buyer weakness.
➡️ Downward momentum remains strong, next support is at $0.2158.
➡️ This trade is designed for fast execution and exit at the target level.
⚡️ Plan:
➡️ Act fast – enter and exit without hesitation.
➡️ If price slows down before $0.2158, exit early.
➡️ Don’t chase the price – wait for a clean setup.
📍 Take Profit:
🎯 TP1: $0.2158 – exit zone.
📌 Don't chase – wait for clear execution!
📌 Strategy: Momentum + Quick Profit Target.
🚀 BYBIT:BAKEUSDT.P Breaking Support – Fast Short Opportunity!
GBPUSD Week 9 Swing Zone/LevelsLast week saw a few pinched pips and also few losses. This highlights the benefit of having a good risk to reward ratio.
Weekly zone and levels are mapped based on previous week daily high-low relationship (ie Monday HL in relation to Tuesday in relation to Wednesday HL, etc). This generates a fairly accurate levels with actual price action determining trades.
SL, stoploss is usually btw 10-15pips
TP, Takeprofit is 5-10x that, with sl moving to BE, breakeven once trade pinches +20pips.
NICKEL - Buy Setup at Key Support LevelPEPPERSTONE:NICKEL has reached a significant support zone, highlighted by previous price reactions and strong buying interest. This area has historically acted as a key demand zone, increasing the likelihood of a bullish bounce if buyers step in.
The current market structure suggests that if the price confirms support within this zone, we could see a bullish reversal. A successful rebound could push the pair toward 15,578, a logical target based on previous price behavior and the current market structure. However, if the price breaks below this zone, the bullish outlook may be invalidated and we could potentially see further downside.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Best of luck!
GBPNOK at Key Resistance – Potential Drop to 14.0670FOREXCOM:GBPNOK has reached a significant resistance zone, highlighted by previous price reactions and strong selling interest. This area has historically acted as a key supply zone, increasing the likelihood of a bearish reversal if sellers step in.
The current market structure suggests that if the price confirms resistance within this zone, we could see a bearish move. A successful rejection could push the pair toward the 14.06700 level, a logical target based on previous price behavior and current market structure.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Best of luck!
Euro can bounce from support line of channel and continue growHello traders, I want share with you my opinion about Euro. A few days ago, the price entered a downward channel, breaking through the 1.0520 level, which aligned with the seller’s zone, and continued its decline. Shortly after, it dropped even lower but quickly rebounded, almost reaching the resistance line of the channel before falling back to the support line, breaking the 1.0285 level. Following this move, the price once again climbed to the resistance line but then swiftly dropped back before making a strong upward push, breaking the 1.0285 level and exiting the channel. After that, the Euro rallied toward the resistance level but soon pulled back into the buyer’s zone, forming a strong gap. From there, the price began moving inside an upward channel, rising to the resistance level, making a brief correction, and then climbing back to resistance. However, after this move, the Euro reversed and started to decline. Given this setup, I expect the price to reach the support line of the channel before continuing its upward movement within the channel, potentially breaking the resistance level. If this scenario plays out, I have set my TP at 1.0600 points. Please share this idea with your friends and click Boost 🚀
DDOG's Shakeout & Squeeze: The Setup for an Explosive Reversal?The price of DDOG appears poised for a dip slightly below the upward trendline and Fibonacci support zone (126-116) before finding strong support. This could act as a liquidity grab, shaking out weaker positions before an explosive move higher. Compression on the weekly timeframe would be an ideal signal, with tight price action and decreasing volatility indicating accumulation. A bullish reversal confirmation, such as a strong engulfing candle, pin bar, or a breakout above short-term resistance, would provide a high-probability entry. Monitoring RSI for a hold above oversold levels and a curl upward, along with volume expansion on the breakout, will add further conviction to the trade.
Disclaimer:
This analysis is for educational purposes only and should not be considered financial advice. Trading and investing involve risk, and independent research or consultation with a professional is recommended before making any financial decisions.
#AIOZUSDT maintains bearish momentum📉 SHORT BYBIT:AIOZUSDT.P from $0.3816
🛡 Stop Loss: $0.3875
⏱ 15M Timeframe
✅ Overview:
➡️ BYBIT:AIOZUSDT.P is trading in a downtrend, forming a series of lower highs and lower lows.
➡️ Volume Profile suggests that the main liquidity (POC) is positioned above the current price ($0.3919), indicating potential selling pressure.
➡️ A break below $0.3816 will trigger the short position, confirming buyer weakness.
➡️ The main downside targets are in the $0.3750 – $0.3690 range, where a short-term bounce may occur.
⚡ Plan:
➡️ Short entry upon breaking $0.3816, confirming bearish momentum.
➡️ Stop-Loss at $0.3875—placed above the nearest resistance level to minimize risk.
➡️ Main targets: $0.3750 and $0.3690, where downside movement may slow down.
🎯 TP Targets:
💎 TP 1: $0.3750
🔥 TP 2: $0.3690
🚀 BYBIT:AIOZUSDT.P maintains bearish momentum — expecting further downside!
📢 BYBIT:AIOZUSDT.P remains in a bearish trend, and a breakdown below $0.3816 will reinforce selling pressure.
📢 Watch for price reactions near $0.3690, where a slowdown or bounce may occur.
Gold might descend to a support level, breaching the resistance Hi, traders. I'd like to share with you my thoughts on Gold. On this chart, we can observe that the price has recovered from the mirror line and begun to rise. Shortly later, it approached the support level, broke it, and hovered for a while before returning to the mirror line. Later, the price broke through the support level once more and resumed trading inside a range. During this phase, it climbed to the resistance level, which coincided with the seller zone, before retreating to the mirror line. Gold then dipped into the buyer zone before quickly rising over the mirror line and into the seller zone. After this movement, XAU corrected below the mirror line and resumed its upward journey.
Shortly later, the price approached the resistance level, broke through it, and departed the range. For a while, gold traded above the seller zone, but it subsequently plummeted and is presently hovering at the 2930 resistance level within the sale zone. I anticipate Gold will climb little before continuing to drop, eventually shattering the resistance level. Furthermore, I believe that following the breakout, it will prolong its slide toward the 2865 support level. Please share this idea with your friends and click Boost! 🚀
📊 XAU/USD – Key Levels for the Week Ahead 🔍
Gold (XAU/USD) is trading within a well-defined range, testing the seller zone near resistance while eyeing the buyer zone near support.
🔴 Resistance Level: 2,930 - 2,940 (Seller Zone)
🟢 Support Level: 2,865 (Buyer Zone)
📉 Potential Scenarios:
1️⃣ Bearish Rejection from resistance could push price down to the support level (2,865).
2️⃣ Breakout Above 2,940 may signal further upside potential.
3️⃣ Range-Bound Movement between support and resistance until a clear breakout.
📌 Market Outlook: Watching price action near key levels for confirmation before entering trades! 🚀
#JAILSTOOLUSDT is showing weakness 📉 SHORT BYBIT:JAILSTOOLUSDT.P from $0.01194
🛡 Stop Loss: $0.01234
⏱ 15m Timeframe
🔹 Overview:
➡️ The price has broken a key support level and is trading below the POC zone ($0.01356), where the highest volume was accumulated.
➡️ A bearish trend is forming, with lower highs continuing to develop.
➡️ Selling pressure is increasing, indicating growing momentum from the sellers.
➡️ If selling activity persists, expecting further downside movement toward TP levels.
⚡ Plan:
➡️ Entering short below $0.01194, targeting profit at TP levels.
➡️ Expecting a breakdown confirmation and continuation of bearish momentum.
🎯 TP Targets:
💎 TP 1: $0.01152
📢 BYBIT:JAILSTOOLUSDT.P is showing weakness — preparing for further decline!
Gold Analysis – Ascending Channel with Resistance RejectionGold (XAU/USD) Analysis – Ascending Channel with Resistance Rejection 📉
📊 Timeframe: 4H
💰 Current Price: $2,939
📈 Trend: Uptrend within an ascending channel
Market Overview:
Gold is currently trading inside an ascending channel, respecting both dynamic support and resistance. However, the price has shown multiple rejections at the resistance zone, indicating a potential pullback.
Key Levels to Watch:
✅ Resistance Zone: $2,950 - $2,960 (Strong rejection area)
✅ Support Levels: $2,920 (Dynamic support), $2,882 (Major support)
✅ Critical Breakdown Level: Below $2,882 could signal a deeper correction
Technical Pattern:
🔹 Double Top Formation at Resistance: Price failed to break higher, showing a bearish reaction.
🔹 Dynamic Support Retest: The price could test the ascending channel support near $2,920.
🔹 Lower Highs Forming: A sign of weakening bullish momentum.
Trade Plan:
🔹 Bearish Scenario:
If price rejects the resistance again, expect a pullback towards $2,920 - $2,910.
A breakdown below the ascending channel could trigger a drop to $2,882 or lower.
🔹 Bullish Scenario:
If price holds above $2,920, bulls may attempt another breakout towards $2,960+.
aiyerr...indeed acrophobia!www.tradingview.com
Hello everyone! the 'sesame door' seems did not fully open 🔓
😂 😂 😂
⏰⏰⏰Cautious!! it open Lo and sellers volume overpower buyers.
HSI:HSI
D chart on HSI
The next strong resistance will be the last Oct2024 Hi at 23241. - It's seems need more booster to reach.
How far to reach the ATH from today? from previous post as predicted it's not that far! - So close yet so far.
We definitely be there this week! --- never time the market we react according to how it moves. This seems unlikely to happen this week unless the sesame door open! 😂
From the soar early this week, today seems facing strong selling for profit taking.
KDJ - is at overbought and red zone and now turning to red bearish zone.
PEPPERSTONE:HK50
Look at the 4H chart
MACD - above zero level - Bullish zone but deadcross formed and curving down.
KDJ - Bearish mode continues.
BB - entering lower BB channel and ranging at lower BB.
Today Trade Plan:
Buy into support : 22310 - 22450
Sell at resistance : 22677-22700
Look at the 1H chart.
⏰ Be cautious and pay attention to the reversal to enter for higher chance winning trade!
Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
Set your tf, have your entry and exit plan!
Pay attention to the Goldencross/DeadCross; practice makes perfect.
Let's follow our own strategy and zen with 📙 and 🍵.
Happy Trading everyone!
Reminder : start to accumulate China & HKG for the potential upside for the year! Today retracement is a good entry point.
HKEX:2800 HKEX:2823 HKEX:2801 HKEX:3067
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Is the handshake with magic lantern signal the 'open sesame'?Hello everyone have you found your magic🏮 yet?
😂 😂 😂
Retracement is healthy for continuous bullish mode.
HSI:HSI
D chart on HSI
As mentioned before :-The next strong resistance will be the last Oct2024 Hi at 23241.
How far to reach the ATH from today? from previous post as predicted it's not that far!
We definitely be there this week!
From the soar early this week, today expecting a pullback in order to retest the Hi.
KDJ - is at overbought and red zone.
Look at the 4H chart
PEPPERSTONE:HK50
MACD - bullish zone
KDJ - now at overbought and retracement mode (bearish mode)
BB - Index continue trading above BB midline and stay within upper BB channel. Be cautious and it could retrace to lower BB range.
Today Trade Plan:
Buy into support : 22550 - 22665 (key support level for 1H Chart)
Sell at resistance : 22800 -22890
Look at the 1H chart.
MACD : it is still at bullish zone but cautious if its not above stay above the support level and might break below zero line and turned bearish.
KDJ : retraced completed and reversal from oversold zone turning into green.
BB : start coming down trade range at lower BB range. Potential for accumulation and easy win when it hit the bottom of lower BB.
Lower BB : Today support level should be at 22475- 22570 (to continue bullish it needs to stay above this level)
Resistance : 22900-23000
Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
Set your tf, have your entry and exit plan!
Pay attention to the Goldencross/DeadCross; practice makes perfect.
Let's follow our own strategy and zen with 📙 and 🍵.
Happy Trading everyone!
Hope you found your magic🏮, rub it and whisper your own "open sesame" phrase and boom!
www.straitstimes.com
Reminder : still early and start to accumulate China & HKG for the potential upside for the year!
HKEX:2800 HKEX:2823 HKEX:2801 HKEX:3067
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EURNZD - Buy Setup at Clear ZoneOANDA:EURNZD is approaching a clear support zone, marked by prior bullish reactions and buyer interest. This zone has consistently reversed bearish trends in the past, making it an interesting area to watch.
If buyers step in and confirm the support with bullish price action, such as long lower wicks or bullish engulfing patterns, I anticipate a move upward toward 1,83500. But if a break below this zone occurs, it could signal increased selling pressure and invalidate the bullish outlook.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Acrophobia? or climbing higher?Are you acrophobia?
Hello everyone, the blossom of HSI is around the corner
HSI:HSI
D chart on HSI
As mentioned before :-The next strong resistance will be the last Oct2024 Hi at 23241.
How far to reach the ATH from today? from previous post as predicted it's not that far!
We definitely be there this week!
Look at the 4H chart
PEPPERSTONE:HK50
MACD - bullish zone
KDJ - Bullish
BB - Index continue trading above BB midline and stay at upper BB channel.
Today Trade Plan:
Buy into support : 22500-22600
Sell at resistance : 23100 -23300 (the last Oct 2024 Hi - 23241)
Look at the 1H chart.
MACD formed GoldenCross again!
KDJ also is at bullish green zone and at bullish level.
BB : above upper BB 22630 - 22950
Lower BB : Today support level should be at 22500 (to continue the rally needs to stay above this level)
Resistance : 23100-23300
Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
Set your tf, have your entry and exit plan!
Pay attention to the Goldencross/DeadCross; practice makes perfect.
Let's follow our own strategy and zen with 📙 and 🍵.
Happy Trading everyone!
Start to accumulate China & HKG for the potential upside for the year!
HKEX:2801 HKEX:2800 HKEX:2823
** Please Boost 🚀/LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea!**
#XRPUSDT is testing key resistance—expecting a correction!📉 LONG BYBIT:XRPUSDT.P from $2.8320
🛡 Stop Loss: $2.8025
⏱ Timeframe: 1H
✅ Overview:
➡️ BYBIT:XRPUSDT.P is showing strong bullish momentum after breaking out of the consolidation zone, supported by increasing volume and a breakout above 2.8301.
➡️ The price continues its upward movement, and the current accumulation suggests a possible further rally.
➡️ POC (Point of Control) at 2.4307 indicates a major liquidity level, making a deeper retracement unlikely in the short term.
⚡ Plan:
➡️ Long from 2.8320, considering the current trend and demand zone confirmation.
➡️ Stop Loss: 2.8025 to minimize risk in case of a false breakout.
🎯 TP Targets:
💎 TP1: 2.8720 – the first resistance level where partial profit-taking is recommended.
💎 TP2: 2.9220 – the next key level for securing the remaining position.
📢 BYBIT:XRPUSDT.P is showing strong buying interest, and as long as the trend remains bullish, further upside potential exists.
📢 Keep an eye on resistance reactions, as profit-taking by larger players could trigger local corrections.
📢 If 2.9220 is broken with confirmation, further movement toward 2.9670 is possible.
🚀 BYBIT:XRPUSDT.P remains in an uptrend — expecting TP targets to be reached!
#ONDOUSDT – Key Moment: Further Drop or Reversal?BYBIT:ONDOUSDT.P is showing a bearish trend, trading below key resistance levels. The price is consolidating under $1.3010, indicating a potential continuation downward. Volume is increasing, confirming market interest. If the asset breaks below $1.2890, it could decline towards $1.2760 – $1.2723.
📉 SHORT BYBIT:ONDOUSDT.P from $1.2890
🛡 Stop Loss: $1.3010
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:ONDOUSDT.P is testing $1.2890, with potential for a breakdown.
➡️ Rising volume suggests increased trader activity.
➡️ A breakdown below $1.2890 could push price towards $1.2760 and lower.
⚡ Plan:
➡️ Breaking below $1.2890 opens room for further downside.
➡️ Entry at $1.2890, targets at $1.2845 – $1.2723.
➡️ Partial profit-taking recommended at $1.2845 – $1.2760.
➡️ If price moves above $1.3010, the setup is invalidated.
📍 Take Profit:
🎯 TP1: $1.2845 – first target.
💎 TP2: $1.2760 – strong support level.
🚀 TP3: $1.2723 – final profit target.
📢 Bearish confirmation requires a strong close below $1.2890.
📢 If price slows at $1.2845, partial profit-taking is recommended.
📢 A breakout above $1.3010 invalidates the setup.
🚀 BYBIT:ONDOUSDT.P is on the verge of a breakdown – expecting a move to $1.2723!
#GALAUSDT is breaking resistance – expecting a moveBYBIT:GALAUSDT.P is trading near the key $0.02490 level, forming a consolidation zone before a potential breakout. Volume is increasing, and price is holding above POC $0.02255, confirming strong buyer activity. A breakout above $0.02495 could trigger an accelerated move toward $0.02520 – $0.02565.
📈 LONG BYBIT:GALAUSDT.P from $0.02495
🛡 Stop Loss: $0.02460
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:GALAUSDT.P is approaching $0.02495, a key resistance level.
➡️ Price remains above POC $0.02255, confirming strong buyer interest.
➡️ Increasing volume supports the potential bullish move.
⚡ Plan:
🔵 Holding above $0.02495 increases the chance of an uptrend.
🔵 Main support at $0.02460 – losing this level invalidates the setup.
🔵 Target zones – $0.02520, $0.02540, and $0.02565, where profit-taking is expected.
🎯 Take Profit:
💎TP1: $0.02520 – first profit-taking zone.
💎 TP2: $0.02540 – strong resistance level.
💎 TP3: $0.02565 – final upside target.
📢 Recommendations:
✅ Bullish confirmation requires a strong close above $0.02495.
✅ If price slows down at $0.02520, partial profit-taking is recommended.
✅ A drop below $0.02460 invalidates the setup.
🚀 BYBIT:GALAUSDT.P is breaking resistance – expecting a move to $0.02565!
📢 Holding above $0.02495 opens the door for further gains. Watch volume closely – if it weakens, price may consolidate.
📢 Entry above $0.02495, targets at $0.02520 – $0.02565.
📢 Partial profit-taking recommended at $0.02540.
📢 If price drops below $0.02460, the setup is invalidated.
📌 Strategy: Resistance Breakout + Profit Targeting at Key Levels.
#TONUSDT is testing resistance – expecting a breakout!📈 LONG BYBIT:TONUSDT.P from $3.8920
🛡 Stop Loss: $3.8525
⏱️ 1H Timeframe
✅ Overview:
➡️ BYBIT:TONUSDT.P is testing $3.8880 resistance, and a breakout could lead to further upside.
➡️ Price remains above POC $3.81, confirming strong buyer interest.
➡️ Rising volume supports the potential bullish move.
⚡️ Plan:
➡️ Bullish confirmation requires a strong close above $3.8920.
➡️ If price slows down at $3.9400, partial profit-taking is recommended.
➡️ A drop below $3.8525 invalidates the setup.
🎯 Take Profit:
💎 TP1: $3.9400 – first profit-taking zone.
💎 TP2: $3.9800 – final upside target.
📢 BYBIT:TONUSDT.P Holding above $3.8920 opens the door for further gains. Watch volume closely – if it weakens, price may consolidate.
📢 Partial profit-taking recommended at $3.9400.
📢 If price drops below $3.8525, the setup is invalidated
🚀 BYBIT:TONUSDT.P is testing resistance – expecting a breakout!