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Could the bearish momentum continue?Swissie (USD/CHF) has rejected off the pivot and could drop to the 1st support, which acts as a pullback support. Pivot: 0.7965 1st Support: 0.7924 1st Resistance: 0.7992 Disclaimer: The opinions given above 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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.
Short
by IC Markets
Bearish drop off?Kiwi (NZD/USD) has rejected off the pivot and could drop to the 1st support. Pivot: 0.5660 1st Support: 0.5629 1st Resistance: 0.5688 Disclaimer: The opinions given above 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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.
Short
by IC Markets
Falling towards key support?AUD/USD is pulling back toward the pivot level, which serves as a multi–swing-low support zone. From this area, the pair may find buying interest and potentially rebound toward the 1st resistance level. Pivot: 0.6468 1st Support: 0.6444 1st Resitance: 0.6498 Disclaimer: The opinions given above 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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.
Long
by IC Markets
Wait for a potentil breakout?Cable (GBP/USD) is reacting off the pivot level, and a breakout below this area could drive the price toward the 1st support. Pivot: 1.3151 1st Support: 1.3112 1st Resistance: 1.3179 Disclaimer: The opinions given above 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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.
Short
by IC Markets
DXY firmed between the hawkish Fed and Waller call of cuts. The dollar strengthened despite the contrast between the Fed’s overall hawkish tone and Waller’s support for rate cuts. Cleveland Fed President Hammack noted that policy must remain somewhat restrictive to bring inflation back to target, while St. Louis Fed President Musalem also emphasized that any policy easing should proceed cautiously. In contrast, Fed Governor Waller said he is not concerned about a renewed acceleration in inflation and argued that several months of labor-market softness justify additional rate cuts. He added that tariffs are unlikely to have a lasting impact on inflation and that restrictive policy is increasingly weighing on the economy, particularly on lower- and middle-income households. DXY briefly tested the support at 99.30 before climbing above both EMAs. The converging EMAs indicate a potential shift toward a bullish trend. If DXY closes above both EMAs, the index may advance toward 99.80. Conversely, if DXY breaks below both EMAs and 99.30, the index could retreat toward the next support at 99.00.
TVC:DXY
by inkicho_exness
Looking for the Sweep leading into a bigger Play! Price bled lower through the entire Asian session after yesterday’s late breakdown, continuing the move away from the prior value area. We’re now trading inside a cluster of intraday inefficiencies with clean liquidity sitting below at 4013 and the psychological 4000 level. My focus going into London and NY is patience. Asia’s slow descent is typically a continuation phase, not the actual entry. I want to see: A sweep of 4013 or 4000 A clear displacement reaction A retrace back into a fresh M5–M15 FVG Then structure confirming continuation or reversal Until that happens, this remains a bearish environment with untested Weekly imbalance still below. If buyers don’t defend 4013 with force, the algo will likely reach for the 4000 liquidity pocket next. Staying reactive, not predictive. London will reveal whether this breakdown continues or sets the trap for a reversal.
COMEX_MINI:MGC1!Short
by DWoodz
Trading Idea: DXY — Potential Reversal PointsTrading Idea: DXY — Potential Reversal Points Technical Overview The Dollar Index has formed a significant resistance level, from which price has moved toward the first high-volume zone. The chart highlights three potential areas of volume concentration, each capable of acting as a reaction point. Key Zones Zone 1 — The nearest high-volume area, serving as the first potential support level. Zone 2 — An intermediate volume accumulation area. Zone 3 — The most compelling zone, featuring an unfilled gap. The presence of this gap creates an additional price magnet, as markets tend to fill price gaps over time. Trading Scenario The primary hypothesis anticipates price movement toward the third high-volume zone with the objective of filling the gap. This area is expected to produce the strongest reaction and potential reversal. However, monitoring price behavior in the first two zones remains essential. A clear bounce with confirmation could indicate an earlier conclusion to the downward movement. Risk Management Wait for price reaction in each designated zone and seek confirming signals before entering a position. While the unfilled gap in the third zone increases the probability of price reaching that level, it does not guarantee a reversal.
TVC:DXYShort
by Smart-Day-Trader
Bullish bounce off pullback supportUSD/ZAR is declining toward the pivot point, which serves as a pullback support level. From there, the pair could potentially bounce toward the 1st resistance level, which acts as a pullback resistance and sits slightly above the 60% Fibonacci retracement. Pivot: 17.16611 1st Support: 17.10068 1st Resistance: 17.27964 Disclaimer: The opinions given above 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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.
Long
by IC Markets
#041: USD/SGD Long Investment Opportunity A technical structure is forming in the USD/SGD pair, indicating a potential resumption of bullish momentum after the corrective phase that began at the highs earlier this month. Hello, I'm Forex Trader Andrea Russo, author of the book "The Institutional Code of Forex, 14 Steps to Read the Markets Like a Bank," available on Amazon. I'm an independent trader and money manager, and I thank you in advance for your time. The price has completed a sequence of lower highs and lower lows, but in recent sessions, it has shown a slowdown in bearish pressure and increased reactivity in the 1.3010–1.3020 range, an area previously used as an entry point by institutional traders. The proposed trade is structured according to a reaccumulation logic after liquidity has been raised, with a BUY LIMIT position at a technically significant level. The price has broken the descending trendline that guided the correction phase and is currently building a support base within the identified trading range. The decline towards 1.30126 represents, in this configuration, a classic institutional pullback into a previously inefficient area of ​​demand.
Long
by Andrea_Russo_SwipeUP
USD/CHF - Multi Timeframe Analysis🚨 USD/CHF Forecast: The Next Move is Almost Here! 🚨 Hey traders, check out this detailed analysis of USD/CHF on the 4-hour, Daily, and Weekly charts. A lot's going on, so let's break it down! 🔍 4-Hour Chart (Top Left): We’re seeing price testing major support and resistance levels (highlighted in blue). The market looks ready to make a move! We’re keeping a close eye on the Entry Zone at the top, where we might see a continuation of the trend. If we see price action confirming this, it’s game time! ⚡ 📅 Daily Chart (Middle Left): Price has been in a downward trend, but notice that crucial support zone forming below. The trend seems like it could be ready for a bounce back. Will the support hold, or are we headed for a deeper pullback? The next few days will be key! 💡 📊 Weekly Chart (Bottom Right): Big picture time! This looks like the beginning of something exciting. The longer-term trend is in a clear downward channel (marked by those diagonal lines). That strong support at 0.7800 could be our lifeline. If it holds, we might see the pair shoot up in the coming weeks. 📈✨ 💥 Key Levels to Watch: Resistance : 0.8100 (Keep your eyes on this! It’s a major barrier to break). Support : 0.7800 (This is where things could get interesting). Next Target : If the support holds, we could see a move higher toward 0.8000, and potentially test the resistance zone again. 🌟 What’s Next? The battle between the bulls and bears is heating up! Will USD/CHF rebound off this support level, or will it break lower? Stay tuned for confirmation of the move and prepare for action. 📉📈
Short
by Jibzy_Trades
EURUSD Eyes 1.15900 Support as DXY Slips Below TrendHey Traders, In the coming week, we’re monitoring EURUSD for a buying opportunity around the 1.15900 zone. The pair is trading in a broader uptrend and is currently in a correction phase, approaching a key support and resistance area at 1.15900. On the other hand, the DXY has broken below its uptrend and is now heading toward its retrace area, adding confluence for potential EURUSD upside if dollar weakness continues. Trade safe, Joe.
Long
by JoeChampion
10
USDCAD H4 | Heading Into 50% Fibonacci ResistanceMomentum: Bearish Price is currently moving toward the sell entry level, positioned slightly above the 50% Fibonacci retracement. Sell Entry: 1.4037 Pullback resistance Aligned just above the 50% Fibonacci retracement Stop Loss: 1.4096 Swing high resistance Positioned slightly below the 78.6% Fibonacci retracement Take Profit: 1.3982 Strong overlap support Aligned with the 50% Fibonacci retracement High Risk Investment Warning Stratos Markets Limited (tradu.com ), Stratos Europe Ltd (tradu.com ): 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. Stratos Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. 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. 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 TFA Global Pte Ltd.
Short
by Tradu
EURUSD H4 | Falling Towards Key SupportMomentum: Bullish The price is currently falling toward the buy entry, which aligns with the 38.2% Fibonacci retracement level. This confluence strengthens the potential for a bullish reaction. Buy Entry: 1.1583 Strong overlap support 38.2% Fibonacci retracement Stop Loss: 1.1547 Pullback support 61.8% Fibonacci retracement Take Profit: 1.1665 Swing-high resistance High Risk Investment Warning Stratos Markets Limited (tradu.com ), Stratos Europe Ltd (tradu.com ): 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. Stratos Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. 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. 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 TFA Global Pte Ltd.
Long
by Tradu
1
NZDUSD H4 | Bearish Drop OffMomentum: Bearish The price has rejected the sell entry level, which sits slightly below the 50% Fibonacci retracement. Sell Entry: 0.4589 Pullback resistance Positioned slightly below the 50% Fibonacci retracement Stop Loss: 0.5729 Pullback resistance Placed slightly above the 61.8% Fibonacci retracement Take Profit: 0.5634 Strong pullback support Aligned with the 61.8% Fibonacci retracement High Risk Investment Warning Stratos Markets Limited (tradu.com ), Stratos Europe Ltd (tradu.com ): 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. Stratos Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. 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. 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 TFA Global Pte Ltd.
Short
by Tradu
Could the bearish momentum continue?Bitcoin (BTC/USD) is rising towards the pivot, which is a pullback resistance and could reverse to the 1st support which acts as a pullback support. Pivot: 99,744.03 1st Support: 88,246.12 1st Resistance: 107,447.45 Disclaimer: The opinions given above 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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.
ICMARKETS:BTCUSDShort
by IC Markets
1
Potential bearish drop?WTI Oil (XTI/USD) has rejected off the pivot and could drop to the 1st support which acts as a swing high resistance. Pivot: 62.22 1st Support: 54.92 1st Resistance: 65.94 Disclaimer: The opinions given above 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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.
ICMARKETS:XTIUSDShort
by IC Markets
Bullish bounce off key support?Loonie (USD/CAD) is falling towards the pivot which has been identified as an overlap support and could bounce to the 1st resistance. Pivot: 1.3920 1st Support: 1.3752 1st Resistance: 1.4138 Disclaimer: The opinions given above 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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.
Long
by IC Markets
Bullish momentum to extend?USD/JPY has already bounced off the pivot, which is a pullback support and could rise to the 1st resistance which is a swing high resistance. Pivot: 153.07 1st Support: 150.80 1st Resistance: 158.44 Disclaimer: The opinions given above 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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.
Long
by IC Markets
Bearish continuation setup?Kiwi (NZD/USD) is rising towards the pivot and could reverse to the 1st support, which has been identified as a pullback support. Pivot: 0.5719 1st Support: 0.5596 1st Resistance: 0.5793 Disclaimer: The opinions given above 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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.
Short
by IC Markets
Bearish reversal off pullback resistance?Cable (GBP?USD) is rising towards the pivot, which acts as a pullback resistance that aligns with the 50% Fibonacci retracement and could reverse to the 1st support which is an overlap support. Pivot: 1.3345 1st Support: 1.3038 1st Reistance: 1.3581 Disclaimer: The opinions given above 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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.
Short
by IC Markets
Bullish bounce off?EUR/USD is falling towards the pivot and could bounce to the 1st resistance. Pivot: 1.1520 1st Support: 1.1370 1st Resistance: 1.1799 Disclaimer: The opinions given above 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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.
Long
by IC Markets
EUR/USD – Falling Wedge Breakout | Bulls Eye Key Resistance ZoneTICKMILL:EURUSD The EUR/USD Pair , Price has been trading within a Wedge Pattern on the H1 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. 🟢 Technical Outlook: Pattern: Falling Wedge (Bullish Reversal) Confirmation: Breakout & Retest Targets: 1.1650 → 1.1770 Support Zone: 1.1500 – 1.1450 Momentum: Bullish bias gaining strength ✅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. 📊 Fundamental View: The Euro is gaining momentum after recent comments from ECB officials indicating cautious optimism around inflation stability. Meanwhile, the USD faces mild pressure as traders anticipate possible rate cuts by the Federal Reserve in the coming months. Market sentiment currently favors risk assets, giving EUR/USD short-term upside potential. ✅ Support this analysis with a LIKE 👍 | COMMENT 💬 | FOLLOW 🔔 It helps a lot & keeps the ideas coming! ⚠️ 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.
Long
by AM_AlphaTrading
23