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MXNJPY at Key Support Level - Potential Buy SetupEIGHTCAP:MXNJPY has reached a significant support zone, which has historically acted as a strong demand area. Previous price action suggests buyers may step in here, increasing the potential for a bullish reversal. If the price holds above this level and confirms support, we could see a move higher toward the 7.50700 level, which represents a logical target based on past 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!
Long
by TrendDiva
4
CADJPY at Key Support - Potential Buy SetupOANDA:CADJPY has reached a significant demand zone, an area that has previously served as strong support, leading to notable bullish reversals. The current market structure suggests a potential bullish bounce from this zone. If buyers confirm support at this level, the price could move upward toward the 107.300 level, which serves as a logical target for this setup. Conversely, a failure to hold this demand zone could indicate further downside potential toward lower support levels. Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, long lower wicks rejecting the demand zone, or increased buying volume, before considering long positions. Let me know your thoughts or if you have any additional insights!"
Long
by DanieIM
14
NZDUSD Break & Retest – Bullish Continuation in Play?OANDA:NZDUSD has broken above a key resistance zone near 0.57000 and has now pulled back for a retest. This area previously acted as resistance and may now serve as support, aligning with a potential bullish continuation. If buyers confirm support at this level, the price is likely to move upward toward the 0.57860 level, which serves as a logical target for this setup. Conversely, a failure to hold support could signal a potential bearish shift. Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong wicks rejecting the support zone, or increased buying volume, before considering long positions. Let me know your thoughts or any additional insights you might have!
Long
by DanieIM
1
USDMXN at Key Support - Potential Buy SetupOANDA:USDMXN is currently trading at a major demand zone, where buyers may step in to support the price. This level has historically acted as a strong support area, leading to bullish reversals. If the price confirms a rejection from this demand zone, we could see a move upward toward the 20.4440 target level. A bullish reaction from this zone would align with the expectation of a short-term correction within the broader market structure.
Long
by DanieIM
1
NZDCHF at Key Resistance: Potential Sell Setup OANDA:NZDCHF is currently trading at a key resistance zone, where sellers may regain control. This level has been a significant area of interest in the past, leading to reversals. The recent push into this zone suggests a potential for bearish continuation if price action confirms rejection. If the market provides a clear rejection pattern, such as bearish engulfing candles or wicks signaling rejection, I anticipate a move downward toward the 0.51500 target level. This setup aligns with the expectation of a short-term correction within the broader market context. If you have additional insights or an alternative perspective, feel free to share your thoughts!
Short
by DanieIM
1
NZDSGD at Key Resistance – Potential Sell SetupOANDA:NZDSGD has reached a clear resistance zone, an area where price has previously struggled to break through. This level has historically acted as a strong supply zone, making it a key area to watch for potential reversals. If sellers step in and confirm a rejection from this resistance, we could see a move lower toward the 0.76570 level, which aligns with the current market structure. However, a strong breakout above this resistance could invalidate the bearish outlook and signal further upside. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Short
by TrendDiva
1
GOLD Approaching Key Resistance – Potential Drop to 2,911$OANDA:XAUUSD is approaching a significant resistance zone, marked by prior price rejections and strong selling pressure. This area has historically acted as a key supply zone, indicating the potential for a pullback if sellers regain control. The current market structure suggests that if the price confirms a rejection from this resistance zone, there is a high likelihood of a downward move. I anticipate that if rejection occurs, the market may head lower toward the 2,911 level, which represents a logical target within the current market structure. This setup reflects the potential for a retracement after an impulsive move, supported by the confluence of previous price behavior and the current structure. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
OANDA:XAUUSDShort
by DanieIM
1
XAUUSD - Gold H1 analysis and possible move! 2861!Gold is currently forming a symmetrical triangle pattern, indicating potential breakout opportunities. The price is near $2,915, trading between key support and resistance levels. Key Levels: 🔹 Resistance Zone: $2,940 - $2,950 Price has rejected this level multiple times. A breakout above this area could trigger a bullish move. 🔹 Support Trendline: $2,880 - $2,900 A key rising trendline providing support. A break below could lead to a bearish move. 🔹 Major Support Zone: $2,861 - $2,865 If price reaches this level, buyers may step in. A confirmed break below could accelerate selling pressure. Potential Scenarios: 📉 Bearish Breakdown (Main Outlook): 1️⃣ Price consolidates within the triangle. 2️⃣ A break below the support trendline signals further downside. 3️⃣ Target: $2,861 - $2,865 support zone. 4️⃣ If this level breaks, expect a deeper drop. 📈 Bullish Breakout Alternative: If price breaks and holds above $2,940, expect bullish momentum. Next Target: $2,960 - $2,970. Trading Plan for Traders: ✅ Wait for a clear breakout before entering trades. ✅ Short below trendline support, targeting $2,861. ✅ Long above $2,940 with confirmation. ✅ Use stop-loss to manage risk effectively.
OANDA:XAUUSDShort
by PIPsOptimizer
1
EURSEK at Key Support Zone: Bullish Rebound ExpectedOANDA:EURSEK has reached a significant support zone, marked by prior price rejections and strong buying pressure. This area has historically acted as a key demand zone, indicating the potential for a pullback if buyers regain control. The current market structure suggests that if the price confirms a rejection from this support zone, there is a high likelihood of an upward move. I anticipate that if rejection occurs, the market may head higher toward the 11.33450 level, which represents a logical target within the current market structure. This setup reflects the potential for a retracement after an impulsive move, supported by the confluence of previous price behavior and the current structure. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
Long
by DanieIM
USDSGD at Key Support Zone: Bullish Rebound ExpectedOANDA:USDSGD has reached a significant support zone, marked by prior price rejections and strong buying pressure. This area has historically acted as a key demand zone, indicating the potential for a pullback if buyers regain control. The current market structure suggests that if the price confirms a rejection from this support zone, there is a high likelihood of an upward move. I anticipate that if rejection occurs, the market may head higher toward the 1.34820 level, which represents a logical target within the current market structure. This setup reflects the potential for a retracement after an impulsive move, supported by the confluence of previous price behavior and the current structure. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
Long
by DanieIM
1
NEHT25 Trend Continuation - Will Buyers Push Toward 963$?PEPPERSTONE:NETH25 is demonstrating strong bullish momentum, supported by a well-respected ascending trendline. The consistent series of higher highs and higher lows suggest that buyers remain in control, with price action steadily advancing. A potential pullback toward the trendline support could provide an opportunity for buyers to step in, maintaining the overall uptrend structure. If the market continues to respect this trendline, we can anticipate a continuation toward the 963.00 level as the next upside target. This setup aligns with the expectation of a bullish continuation, offering a potential long opportunity if price consolidates or forms a higher low near the trendline. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
PEPPERSTONE:NETH25Long
by DanieIM
GBPAUD Approaching Support: Will Price Rebound to 1.9890?OANDA:GBPAUD is approaching a key support zone. Previously, this area has acted as strong demand, leading to significant bullish reversals. The ongoing bearish momentum suggests sellers are driving the price toward this level, where buyers may step in. A bullish confirmation, such as a strong rejection pattern, bullish engulfing candles, or long lower wicks, would increase the probability of a rebound. If buyers regain control, the price could move toward the 1.98900 level. However, a breakdown below this zone could invalidate the bullish outlook, opening the door for further downside. This is not financial advice but rather how I approach support/resistance zones. Remember, always wait for confirmation, like a rejection candle or volume spike before jumping in. Please boost this post, every like and comment drives me to bring you more ideas! I’d love to hear your perspective in the comments. Best of luck , TrendDiva
Long
by TrendDiva
1
GBPCHF Approaching Key Resistance: Will Sellers Target 1.12630?OANDA:GBPCHF is approaching a significant resistance zone, marked by prior strong price rejections and selling pressure. This area has historically acted as a strong supply zone, suggesting the potential for a bearish reversal if sellers step in. The current market structure indicates that if the price confirms rejection within this zone, we could see a move downward toward the 1.12630 level. This target aligns with the broader range-bound behavior observed in the pair. Traders should monitor for bearish confirmation signals, such as bearish engulfing candles or strong rejection wicks, to validate potential short positions.
Short
by DanieIM
1
AUDNZD at Key Resistance: Will It Drop To 1.10650?OANDA:AUDNZD is at a significant resistance area that has consistently acted as a barrier for bullish momentum. The recent price action suggests a potential for sellers to step in and drive prices lower from this zone. If rejection signals, such as bearish engulfing candles or upper wicks, appear, I expect a move toward 1.10650. A break above this resistance, however, could indicate a shift in market sentiment. Traders should wait for confirmation before entering short positions and ensure proper risk management. If you have any thoughts or agree with this analysis, I’d love to hear your perspective in the comments!
Short
by TrendDiva