Get started

Support and Resistance

Hidden Support on RIG: Next Big Move?🔹 Trade Summary Setup: Price pulling back to ascending trendline support Testing major support near $2.58 Analyst 1-year target: $3.76 Entry: Above today's high of $2.64 (on confirmation of bounce from trendline) Stop-loss: Below $2.40 (clear break of trendline) Targets: $3.76 (analyst price target / major resistance) Risk/Reward: Approx. 1:4 (risking ~$0.25 for ~$1.10 gain) 🔹 Technical Rationale 🔹 Ascending trendline holding as key support since April 🔹 Oversold bounce potential at this zone 🔹 Daily timeframe shows structure for a trend reversal if support holds 🔹 Catalysts & Context 🏦 Strong analyst “Buy” rating; 1-year target at $3.76 (+45%) 🛢️ Oil sector volatility—any rally could boost offshore drillers 🌍 Macro: Global energy demand headlines could trigger momentum 🔹 Trade Management Plan Entry: Wait for daily close above $2.65 to confirm support Stop-loss: Move to breakeven if price closes above $3.00 Scaling: Trim partial at $3.20, rest at $3.76 (analyst target) What’s your view? Are you watching NYSE:RIG ? Comment below: 🔼 Bullish 🔽 Bearish 🔄 Waiting for confirmation 🔹 Disclaimer Not financial advice. Trade at your own risk. *** Don't forget to follow us for more trade setups ***
NYSE:RIGLong
by NinjaCodeSolutions
Nifty Analysis EOD – July 16, 2025 – Wednesday🟢 Nifty Analysis EOD – July 16, 2025 – Wednesday 🔴 "Bounce Back with Caution: Bulls Show Up, But Still Not in Full Control" Nifty started the day on a flat note, but the opening candle turned out to be the day’s high, and from there, it quickly lost 91 points, marking the day’s low at 25,121 within the first hour. The early pressure gave a bearish opening tone, but bulls gradually stepped in. Around 11:45 AM, Nifty broke above the VWAP–Day Low range, crossed the CPR zone, and then pushed toward PDH. It did make one attempt to break PDH, but failed, resulting in a slow drift downward toward VWAP and CPR into the close. The day ended at 25,212.05, nearly at CPR — a zone of indecision. 📉 The structure shows sharp reversal from the lows, but also clear hesitation near resistance zones. The session was volatile, forming a typical pre-expiry pattern with mixed sentiment. Bulls must take charge tomorrow by crossing the 25,250–25,260 zone to regain strength. 🕯 5 Min Time Frame Chart with Intraday Levels 🕯 Daily Time Frame Chart with Intraday Levels 🕯 Daily Candle Breakdown Open: 25,196.60 High: 25,255.30 Low: 25,121.05 Close: 25,212.05 Change: +16.25 (+0.06%) 📊 Candle Structure Breakdown Real Body: 15.45 points → small green body Upper Wick: 43.25 points Lower Wick: 75.55 points → significant downside recovery 🔍 Interpretation Market opened flat, dropped quickly to test 25,120 zone Strong buying emerged after initial fall Buyers lifted the index above CPR, but failed to hold breakout above PDH Candle closes with long lower wick → buyers defended dip, but lacked closing dominance 🕯 Candle TypeSpinning Top with Long Lower Wick — often a neutral to mildly bullish candle, suggesting buying interest at lower levels, but with uncertain momentum. 📌 Key Insight Bulls clearly defended the 25,120–25,125 support zone Momentum will only resume above 25,250–25,260, leading to targets around 25,300–25,315 Failure to hold 25,120 could reopen downside toward 25,000–25,050 🛡 5 Min Intraday Chart ⚔️ Gladiator Strategy Update ATR: 180.99 IB Range: 91.20 → Medium IB Market Structure: 🟡 Balanced Trades Triggered 11:34 AM – Long Trade → ✅ Target Achieved, Trailed SL Hit (R:R 1:2.42) 📌 Support & Resistance Zones Resistance Levels 25,168 25,180 ~ 25,212 25,260 25,295 ~ 25,315 Support Levels 25,125 25,080 ~ 25,060 25,000 ~ 24,980 24,965 💭 Final Thoughts “Structure is forming — but conviction is lacking. Let expiry day bring clarity. Above 25,260 we fly, below 25,120 we fall.” ✏️ Disclaimer This is just my personal viewpoint. Always consult your financial advisor before taking any action.
NSE:NIFTY
by kzatakia
THERMAX-- BULLISH VIEW - EDUCATIONAL PURPOSE Consolidation noticed near trendline support zone Bounce back is expected and stock is expected to move in upward direction in next 3-4 years STOPLOSS : weekly closing below 2935 (-19%) TARGET 1 - 5817 (60%) ( 24 months) ( previous high--resistance zone) --till July 2027 TARGET 2 - 8511 (135%) (48-60 months) (Fibo extension)--till December 2029 RISK REWARD RATIO For target1 = 1:3.2 For target 2 = 1:7.2 Risk reward ratio looks highly favorable for investment purpose. Its a purely long term investment view with time horizon of 4-5 years, not for trading purpose
NSE:THERMAXLong
by mgvirus1
EURUSD: Sell Opportunity after Trendline breakEURUSD was in a steep uptrend but it might stop with this recent break through the uptrend. A break like this one on a strong trendline that had multiple touches, indicates either a potential reversal or major pause in the trend. This candle that broke the trendline signals the first hint of structural change. I will be waiting for a retest and look to get involved in a short setup. Ideally, what I look for in retests is to be met with a confirming candle. This would confirm the sellers have taken over and validate the change from uptrend to potential downtrend or consolidation phase. My target would be around 1.1500. Just sharing my thoughts for the charts, this isn’t financial advice. Always confirm your setups and manage your risk properly. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis .
Long
by TrendDiva
56
GBPUSD – Levels, Adjustments, and Scenario PlanningAs mentioned in our pinned analysis, we had two levels on GBPUSD — ✅ Both of them were broken. 📉 After the break of the first level, we shorted the pullback and took a great profit. 📍 Now after the second level has also broken, I’ve adjusted the level slightly — There’s a chance price retraces to 1.35774 before continuing its drop. 🟢 Below, there’s a solid buy zone. 🔁 My Updated Scenarios: ✅ If price pulls back to the short level before hitting the buy zone → I’ll take the short. ⚠️ But if price touches the buy zone first, then any short afterward will just be partial or used for pyramiding — not a major trade. Let’s stay patient and let the market tell us what to do. 📌 All previous scenarios are still valid.
by ForexCSP
4
EURCAD – Two Key Levels, One Solid PlanOn this pair, we have two important levels: 🟡 The first level might act as a trap (stop hunting). So don’t rush to buy — wait for confirmation. 🟢 The second level offers a safer buy opportunity. As always, our plan stays firm — we don’t tell the market what to do, we follow it. 🔻 If a clean break and valid pullback occurs on the first level, a short trade toward the lower level is possible. ⚠️ This pullback short scenario is only valid until price reaches the lower level. If price hits the lower level and starts moving up, any short position becomes much riskier. Discipline > Prediction.
Long
by ForexCSP
Gold – Bullish Structure Still Intact, but Bears are Knocking📉 What happened yesterday? As expected, XAUUSD made another leg down, breaking even below my buy zone (3330–3335) and hitting a low at 3320. From there, we’re now seeing a modest rebound, with gold trading around 3333 at the time of writing. 📌 Current position: I'm currently holding a long position. It hovers around break-even – fluctuating between small gains and small losses. Nothing solid yet. ❓ Key question: Was this just a deep pullback within a bullish structure… or the beginning of a deeper trend reversal? 🔍 Why bulls still have a case: • Price prints higher lows – bullish structure technically remains intact • A clean break above 3350 would show short-term strength • A confirmed break above 3375 would activate a bullish ascending triangle → targeting the 3450 zone ⚠️ But here's the concern: • Yesterday’s dip to 3330 happened during the New York session (strong volume) • The bounce from 3320 has been weak, with no follow-through • Daily candle closed near the lows, showing a long upper wick → a classic bearish signal • The confluence support now lies at 3310–3320. A red daily candle closing in this area could mean the medium-term trend is flipping 🎯 My trading plan: Although I'm still holding my buy, if bulls don’t recover 3350 quickly, I will consider closing early. The break of 3310 would shift my bias bearish. ________________________________________ 📌 Conclusion: We’re in a critical zone. The bullish structure isn’t broken yet, but yesterday’s action was not encouraging. If buyers fail to reclaim control soon, the market may be preparing for a deeper correction. Stay sharp. 🚀 Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
TRADENATION:XAUUSD
by Mihai_Iacob
24
Gold Roadmap: Next Stop $3,325 After Ascending Channel Break?Gold ( OANDA:XAUUSD ) failed to touch the Potential Reversal Zone(PRZ) in the previous idea , and I took the position at $3,351 = Risk-free. Gold is moving in the Resistance zone($3,366-$3,394) and has managed to break the lower line of the ascending channel . In terms of Elliott Wave theory , with the break of the lower line of the ascending channel, it seems that gold has completed the Zigzag correction(ABC/5-3-5) . I expect Gold to trend downward in the coming hours and succeed in breaking the Support zone($3,350-$3,325) and attacking the Support line again , and probably succeeding in breaking this line this time. Note: Stop Loss (SL) = $3,396 Gold Analyze (XAUUSD), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅ ' like ' ✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDShort
by pejman_zwin
26
Ethereum $ETH – Perfect Accumulation to Rally Move! 🔸 Ethereum CRYPTOCAP:ETH – Perfect Accumulation to Rally Move! ETH perfectly hit our long-term buying zone between $1,900 – $1,500, where we accumulated heavily. This range once again acted as a strong demand zone and launchpad. 🔸 Target: $4,000 – $4,500 After hitting our buying range, ETH has now rallied to $3,250 — showing strong bullish momentum. If price continues to hold above $3,000, the next target zone is $4,000 – $4,500. 🔸 Risk Level: Any breakdown below $2,200 would weaken the structure and shift the bullish outlook. This is our invalidation level on a higher time frame. 🔸 Outlook: Partial profit-taking around $3,200 – $3,500 zone Hold remaining positions for $4,000+ targets Use $2,900 – $3,100 zone for fresh or re-entries on dips Maintain tight stop loss under $2,200 if adding new exposure
BITSTAMP:ETHUSDLong
by CryptoSkullSignal
Tesla earnings setup favours upsideTesla is scheduled to report its second-quarter results on Wednesday 23 July, after the New York close of trading. The company is forecast to report revenue of $22.8bn, representing a 10.5% year-on-year decline, with earnings expected to decrease 19% to $0.34 per share. Gross profit margins are also anticipated to contract by 2.3 percentage points to 16.4%, down from 18.7% last year. Tesla does not provide traditional guidance but instead offers a business outlook. In its first-quarter release, the company noted difficulties in assessing the impact of shifting global trade policies and stated it would revisit its 2025 guidance during the second-quarter update. Consequently, investors will undoubtedly be focused on any insights regarding 2025 delivery forecasts, especially given the weak performance in the first half of 2025. Given the current uncertainty, the market is pricing in a 7.5% rise or fall in the shares following the earnings release. Options positioning is relatively neutral, with only a slight bullish bias. However, there is significant support for the stock between $280 and $300, marked by substantial put gamma levels. Conversely, resistance from call gamma exists between $325 and $330. This setup suggests that it could be easier for the stock to rise rather than fall following the results. The technical chart clearly illustrates this scenario, highlighting strong support around $290 that dates back to March. More recently, the shares have encountered resistance around the $330 mark. If Tesla can successfully break above this resistance, the stock could move towards approximately $360, while downside seems limited to around $290 to $300. Written by Michael J. Kramer, founder of Mott Capital Management.  Disclaimer: CMC Markets is an execution-only service provider. The material (whether or not it states any opinions) is for general information purposes only and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by CMC Markets or the author that any particular investment, security, transaction, or investment strategy is suitable for any specific person. The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Although we are not specifically prevented from dealing before providing this material, we do not seek to take advantage of the material prior to its dissemination.
NASDAQ:TSLA
by cmcmarkets
MRVL Long Breakout Setup, Eyes $90 Target!Looking to enter long on a clear breakout above $70.13 (today’s high). • Entry: Above $70.13 • Stop-Loss: Below today’s low (~$68.50) to protect capital • Target: $90.35 – per analyst consensus (~+30%) ✅ Why: 📈 Trendline bounce & momentum: Price holding strong above an ascending trendline from April suggests buyers are stepping in. 🏢 AI-chip catalyst: Marvell’s custom ASICs are gaining traction with Amazon, Microsoft, and Google—data-center demand is surging. 💰 Analyst confidence: Consensus is “Strong Buy” with average targets between $90–$94 (some as high as $133). 🧩 Market & Sector Tailwinds: AI chip stocks rallying; Marvell poised as lower-cost custom-chip alternative to Nvidia—and undervalued vs peers. *** Be sure to follow us for more trade setups! ***
NASDAQ:MRVLLong
by NinjaCodeSolutions
Pay attention to 3320, if it falls below, go long at 3310-3300The short order has been completed and profit has been realized. Now the 1H technical indicators show that there is still room for decline in the short term. Focus on the 3320 support. If it falls below 3320, the gold price is expected to reach the 3310-3300 area, which is also an ideal trading area for intraday long positions. There is nothing much to say. Follow the wolves and you will get meat. Currently, the brothers who follow me to trade have all made good gains. OANDA:XAUUSD
OANDA:XAUUSDLong
by HuntingWolves
Best Buy’s Lower HighsBest Buy fell sharply on “Liberation Day.” Now, after a modest rebound, some traders may see further downside risk. The first pattern on today’s chart is July 10’s peak of $74.75. That was below the June high, which in turn was under May’s high. Such a succession of lower highs could indicate a bearish trend. The potential topping behavior is also happening below the close on April 2, immediately before President Trump announced aggressive tariffs. Third, prices are stalling near the 50- and 100-day simple moving averages. That may reflect a bearish long-term trend. Finally, the retailer has returned below its 8- and 21-day exponential moving averages. That may suggest short-term trends have gotten more bearish as well. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:BBY
by TradeStation
Have Small Caps Hit a Wall?The Russell 2000 has lagged the broader market for years, and now some traders may think it’s stalling again. The first pattern on today’s chart is the February 14 weekly close of 2,280. The small cap index approached that level last Thursday but couldn’t hold. The resulting “shooting star” candlestick pattern, near a weekly level, may confirm that old resistance remains in place. Second, RUT made a higher high yesterday and a lower low. That kind of bearish outside day is a potential reversal pattern. Third, prices returned to a weekly low from July 1. Crossing below it could suggest support is breaking. Fourth, stochastics are dipping from an overbought condition. Finally, small caps are sensitive to borrowing costs. The 10-year Treasury yield has been making higher highs and higher lows on its weekly chart. Could further upside keep weighing on small caps? TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
TVC:RUT
by TradeStation
1
The rebound is not a reversal, continue to shortGold showed a trend of rising and falling back and closing low on Tuesday. The highest intraday rise was 3366, and the lowest fell to 3320. The daily line recorded a medium-sized Yin line with a long upper shadow. The K-line was negative, and the closing line broke the resonance support of the middle track and the short-term moving average, suggesting that the bullish momentum has slowed down and the bears are ready to move. Today, we need to pay attention to the further downward performance of gold. From the 4H level, the price stood firm at the four-hour resistance position last Thursday, and then rebounded upward in the short term. Yesterday, the price fell below the daily support level. Currently, the short-term market is bearish, and attention is paid to the resistance in the 3340-3345 range above. In the one-hour period, the price is in short-term shock adjustment. On the whole, it will be treated as a shock decline before breaking yesterday's low, and the lower side pays attention to the 3225-3320 area support. In the short term, you can consider shorting at 3340-3350 in the European session, and look towards 3330-3320 OANDA:XAUUSD
OANDA:XAUUSDShort
by HuntingWolves
BTCUSD ShortBTCUSD 1H Technical Analysis ⚙️ Scenario Outlook: Bias: Bearish Preferred Play: Wait for price to enter the 119,000–120,000 supply zone. If price shows signs of exhaustion or bearish confirmation (e.g. bearish engulfing, strong rejection), a short position becomes favorable. Targets: First target at 117,200; final target near 115,600–115,000 range, depending on how price behaves within the intermediate demand. 🔼 Supply Zone (Resistance): Zone: 119,000–120,000 This red zone marks a previously unmitigated supply area aligned with the 50% Fibonacci retracement level from the prior bearish impulse. It's expected to act as the final resistance before the next move lower. A rejection from here would confirm bearish intent and offer optimal risk-to-reward for short setups. 🔽 Demand Zones (Support Targets): First Demand Zone: 117,200–117,600 This green border is your first liquidity pocket to watch. It may offer a brief reaction or bounce, but if bearish momentum holds, price is likely to continue through it. Deeper Demand Zone: 115,600–116,200 This is the stronger accumulation area, marked by your lower green zone. It sits just above the previous CHoCH and BOS lows, making it a prime liquidity sweep and reversal candidate if price moves deeply into it.
COINBASE:BTCUSDShort
by ProSignalai
APLD Long: Trendline Bounce + CoreWeave AI Lease🎯 Trade Setup Overview Entry: Market at Open Stop‑Loss: Below the trendline at ~$9.00 Primary Target: $14.60–$15.50 (analyst zone + historical highs) Reward/Risk: ~50–60% upside vs ~7–10% downside = solid R:R ~5:1 📈 Technical Rationale The stock recently bounced off a long‑term ascending trendline, confirming it as key support. A breakout above ~$10.40 would challenge the analyst consensus target zone ($14–15), projecting a favorable conviction trade. The setup aligns with classic trend‑continuation patterns—lower risk entry at support with clear upside objective. 🤖 Fundamental/Bull Catalysts Landmark CoreWeave Lease: APLD signed two 15-year leases (250 MW, + optional 150 MW) with Nvidia-backed CoreWeave, expected to generate ~$7 billion in revenue over the term. Strong Sector Tailwinds: AI infrastructure is surging. CoreWeave is investing billions in new data centers (e.g., 100 MW→300 MW in Pennsylvania). APLD rides this wave as a data-center REIT pivot. Analyst & Options Sentiment: Analysts target $12.70–13.40; unusual options flow shows heavy interest in calls up to $15 strikes. 📊 Volume & Momentum Metrics The recent bounce was accompanied by increased volume—a signal of institutional demand and trend continuation. Technical indicators confirm bullish momentum building. 📝 Trade Plan Initiate long position around $10.00. Place stop-loss just under trendline (~$9.00) to limit downside. Scale out partial at $14.60 (analyst target) and consider holding a tranche toward $15.40 (historic high). 🛠 Risk Considerations Trend support could fail—if trend breaks below $9.00, cut losses quickly. Broader tech pullback or AI sector rotation could pressure price—always trail stops accordingly.
NASDAQ:APLDLong
by NinjaCodeSolutions
As risk aversion wavers, will gold rise or fall? 💡Message Strategy After falling for two consecutive days, gold (XAU/USD) rebounded slightly in the Asian session on Wednesday, stabilizing above $3,320, attracting some bargain-hunting buyers. The market has paid close attention to the tariff policy that US President Trump continues to increase, and the rising risk aversion has become the core factor supporting gold prices. The US CPI data for June showed that overall prices rose by 0.3% month-on-month, the largest increase in five months, and the core CPI rose to 2.9% year-on-year, both higher than expected. This has caused the market to worry that tariffs are gradually pushing up inflation, prompting the Federal Reserve to extend the high interest rate policy cycle. 📊Technical aspects The current trend of gold is constrained by both fundamentals and technical factors. On the one hand, Trump's tariff policy has pushed up inflation expectations, triggering risk aversion and rethinking of the Fed's policy path, providing support for gold; On the other hand, the Fed's tone of "maintaining high interest rates for longer" has limited the room for gold prices to rebound. From the 4-hour chart, gold prices found support near the 100-period SMA (about $3,320) on Tuesday, stopping the decline from the three-week high. In the short term, if it can stand above the 3340-3345 resistance band, it may test the 3365-3370 area again, and the further target is the 3400-dollar round mark. 💰Strategy Package Long Position:3320-3330，SL：3305，Target: 3365-3370
TVC:GOLDLong
by TheodoreSilas