DXY is in a descending channel between trend lines. After the gap formation, the price has reached the lower boundary of the channel, the support level and the lower trend line, which previously acted as a rebound point. The chart approached the 38.2% retracement level and is now holding above the resistance level. We expect the rebound to continue if successfully consolidated above the resistance level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
⚡️nas100 / FXCM Best Break Our / Key level's 15m Tf In the context of the NAS100 index on the FXCM platform, we identify a significant bearish reversal at the key level of 21,580 points, supported by high trading volume. Our analysis, characterized by precision rather than numerical estimates, has consistently delivered the most accurate trading opportunities. This key level serves as a crucial point for traders to monitor for potential market movements. ?Bearish Reversal Out key level + High Volume / 21580 Point ⚡️ We Only Sent Most Accurate Opportunity and Analysis ? Not by Number ..+
We Have a very good bearish price action as i mentioned in the chart , and we have a very good touch for the trend line , also we have a very good rejection area , i`m targeting 500 pips in this setup , i will wait the price to go up a little before enter a sell trade to make my sl not too much . This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
CL got rejected at major resistance which is weekly 200 moving average , Currently 200 Daily moving average is the key zone to retest , Looking to add potential Bid at this zone
OIL INDIA - BUY PROJECTION Trade Setup : Fundamental Analysis Stock PE - 9.22 Industry PE - 20.7 Low Debt Promoter Holding - 53 % DII Holdings - 17 % Regularly Paid Dividend - 2 % Strong Fundamental - Stock Possible to Doubled - (Current - 474 ) (Target - 948 ) for Long term 5 years Holding .. Technical Analysis Monthly - Strong Support & Fib 50 % Day - Wait For Candle Close in Black Line Entry - 507 Rs Target - 740 Rs Stoploss - 408 Rs Happy trading .. Thank You ...
A bearish medium-term structure yet showing the potential for a short-term reversal. Key levels at 1.0420–1.0450 (resistance) and 1.0300 (support) will determine the next leg of movement. Bull Case (Reversal/Upward Scenario) - low probability A break above the 1.0450 resistance zone would indicate bullish strength, potentially driven by USD weakness or Eurozone resilience. Triggers: Economic catalysts favoring the Eurozone USD weakening due to dovish Federal Reserve comments or deteriorating U.S. economic data. Trade Idea (Short-Term): Entry: Buy EUR/USD on a breakout above 1.0450. Stop-Loss: 1.0420 (below breakout zone). Target: 1.0500. Risk/Reward: ~1:2. Rationale: A breakout invalidates bearish resistance, triggering short-covering and attracting fresh buyers. Trade Idea (Medium-Term): Entry: Buy dips into 1.0420–1.0430 post-breakout. Stop-Loss: 1.0400. Target: 1.0550. Risk/Reward: ~1:3. Rationale: Sustained breakout signals potential for an extended upward move, aligning with reversal momentum. Bear Case (Continuation/Downward Scenario) The prevailing medium-term downtrend is likely to persist, especially if resistance at 1.0420–1.0450 holds or a breakdown below 1.0300 materialises. Triggers: Persistent Eurozone economic weakness (e.g., weak PMI or growth data). USD strength driven by rising U.S. Treasury yields or hawkish Federal Reserve actions. Trade Idea (Short-Term): Entry: Sell EUR/USD on resistance rejection at 1.0420. Stop-Loss: 1.0460 (above resistance). Target: 1.0350. Risk/Reward: ~1:3. Rationale: Resistance rejection indicates bearish control, presenting a low-risk shorting opportunity. Trade Idea (Medium-Term): Entry: Sell a breakout below 1.0300. Stop-Loss: 1.0330. Target: 1.0200. Risk/Reward: ~1:3. Rationale: A clear breakdown below key support aligns with the prevailing bearish trend, targeting the next significant support zone.
BINANCE:BNBUSDT BNB is going to increase from here! you know what can be done from here? I think you should wait for a break out. ⚠️ Disclaimer: This is not financial advice. Always manage your risks and trade responsibly. ? Follow me for daily updates, ? Comment and like to share your thoughts, ? And check the link in my bio for even more resources! Let’s navigate the markets together—join the journey today! ?✨
Looking forward for reversal after finding bottom for BME:VANA
This chart represents the 4-hour price action of Gold (XAU/USD) against the U.S. Dollar. Here are the details observed from the chart: Key Observations: Price Range: Current Price: $2,719.418 Recent High: $2,724.080 Recent Low: $2,718.715 Green Zone (Supply Zone): The chart indicates a supply zone (marked in green) where selling pressure is anticipated. This zone appears to be between $2,730 and $2,740. Sellers are likely to dominate when the price enters this zone, leading to a potential reversal. Red Box (Stop-Loss Region): This zone represents the stop-loss for short positions, just above the supply zone. Positioned around $2,738.927, indicating cautious risk management for short trades. Downside Target (Take-Profit Area): The chart suggests a bearish bias, with a potential downside target near $2,695.956. This is the take-profit level for sellers, anticipating a downward movement after the price fails to break through the supply zone. Bearish Rejection: The price recently attempted to break into the supply zone but faced rejection. This reinforces the likelihood of a short-term downward move. Technical Indicators: The chart does not display indicators like RSI or MACD, but the pattern indicates a potential bearish momentum based on price action alone. Prediction: If the price continues to respect the supply zone at $2,730–$2,740: Expect a pullback towards $2,695, which aligns with the bearish setup shown. If the price breaks above $2,738, this could invalidate the bearish scenario, leading to a potential bullish breakout. Recommendation: Watch for a price retest of the $2,730–$2,740 zone for confirmation of selling pressure. A break above $2,738 would signal a trend reversal.
If Nifty want a uptrend now this week is the only way for it a small green weekly candel of 20jan 2025 may bring major shorts to cover up and soon we can see the level of 24000 and 25000.