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Support and Resistance

Usdchf Trade UpdateAnother pair I caught a set up on is UsdChf. Price was overall bearish & respected a high where I then decided to take shorts for a 1:3rr. With price still being overall bearish I would like to see some type of pullback for a retest. Entry will depend on how the smaller times frames move towards the level. If price shows bullish structures before the retest then I’ll wait for structure to flip or if price hits the level to retest & pushes above I’ll wait on a bearish candle to crash back below for entry for another 1:3rr.
Short
by OfficialJ23
Bitcoin’s Symmetrical Triangle Breakdown – How Low Can It Go?Bitcoin ( CRYPTO:BTCUSD ) started to fall, as I expected in the previous post ; the question here is whether the fall continues or not . Today, I want to analyze Bitcoin for you in the 15-minute time frame . Bitcoin was able to break the Support zone($93,300-$90,500) and important Support line . Bitcoin also seems to have formed a Symmetrical Triangle Pattern and was able to break the lower line of the triangle. Educational Tip : The Symmetrical Triangle is a continuation pattern where the price consolidates into a narrowing range with lower highs and higher lows. It indicates indecision, with a breakout in either direction confirming the next trend. I expect Bitcoin to drop to the targets that I specified in my chart. Note: If Bitcoin goes above $95,850, we can expect more pumps. Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 15-minute time frame. Be sure to follow the updated ideas. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; 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.
Short
by pejman_zwin
34
NZD/USD 4-Hour Time Frame Analysis Technical Analysis: On the 4-hour chart, the NZD/USD pair is exhibiting a bullish structure, forming higher highs and higher lows after breaking through two key resistance levels at 0.56900 and 0.57200, which are now acting as minor support zones. Following a false breakout, the price retested the 0.56900 support level before resuming its upward movement, accumulating significant buying volume. This accumulation suggests a potential liquidity hunt as the market gathers momentum. Key Trade Parameters: Entry: Buy limit at 0.57250, contingent on a confirmed 4-hour candle close above 0.57200. Stop Loss (SL): Positioned below the liquidity zone at 0.56840 to manage downside risk. Take Profit (TP): Targeting the next resistance level at 0.58070. Market Outlook: Our primary focus is to monitor the price action within the liquidity zone. A confirmed break and sustained close above 0.57200 will validate a bullish continuation, providing a favorable opportunity for a long position. Fundamental Analysis: As of February 26, 2025, China's Politburo has announced plans to adopt proactive fiscal and moderately loose monetary policies to stimulate economic growth throughout the year. These initiatives were outlined during the December 2024 Central Economic Work Conference, which set the strategic economic agenda for 2025. Key policy measures include: Increased public spending through ultra-long treasury bonds. Investment incentives targeting business growth and modernization. Consumer stimulus programs, such as subsidies for vehicle and appliance upgrades. While the full implementation of these policies is ongoing, their positive spillover effects are expected to influence global trade dynamics throughout 2025 (Source: Reuters). Implications for NZD/USD: China's proactive fiscal and monetary stance supports a positive outlook for the NZD/USD pair. As these policies drive economic activity, increased demand for New Zealand exports—particularly in agriculture and commodities—could provide upward momentum for the New Zealand Dollar. If these measures are effectively implemented, the NZD/USD pair may experience sustained bullish momentum, offering attractive opportunities for market participants. 📌 Disclaimer: This analysis is for informational and educational purposes only and should not be considered financial advice. Trading involves risk, and you should conduct your own research before making any investment decisions. Past performance does not guarantee future results.
Long
by RebornFXTrader
Rebound lik a champ, monitor the vol c if the guests left early?Hello everyone! How was your zentradingstrategy? Hope everyone embrace with the retracement. Sell on news? or Buy the dip? What did we noticed on yesterday news? pfft..Distraction, distraction... but here you go for today 😂😂😂: www.tradingview.com **Shares in Hong Kong surged 520 points or 2.3% to 23,555 on Wednesday, shifting from a weak session the day before amid robust gains across all sectors.** Look at the HSI D Chart - posted 25Feb2025 - 26Feb2025 at point of writing; the index seems doing quite well since open this morning, trying to stay above the support level 22990. Yesterday trading volume: finance.yahoo.com Date Volume Feb 26, 2025 Feb 25, 2025 4,449,800,000 Feb 24, 2025 5,264,600,000 Look at the 4H chart PEPPERSTONE:HK50 The last Oct Hi @ 23241 has been broken hence retracement is not a surprised! MACD - last marked WAS deadcross and curving down as marked in YELLOW. After 8 bars-it reversed as marked in GREEN. KDJ - WAS at bearish zone curving down; and now reversed and turned bullish in green zone. BB - now moving above the mid line of BB from yesterday ranging within the mid-line. 22990 resistance level now reversed as SUPPORT level. Hopefully the retracement is completed. Let's monitor especially the volume see if this is just a rehearsal. Today Trade Plan: 23150-23670 (ahemmm...trust you can do the math 😂) Buy into support : 23150 -23175 (TP :23600-23630) Sell at resistance : 23465-23670 (TP : 23450-23500) 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! All retracement is a good entry point. HKEX:2800 - 22.90-22.82 if it happens to retrace back to this level, otherwise anytime NOW is entry point! It's confirmed by the 200MA (above in W chart) ; also the W chart MACD GoldenCross. Cross-check it; if need helps let us know. HKEX:2823 - 13.17-14.75 can start to open position and start accumulate, is allowed to wait for confirmation once it breaks 14.75 level. But you will be getting at higher cost... HKEX:2801 HKEX:3067 ** Please Boost 🚀/LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea or need help! 😍 **
PEPPERSTONE:HK50Long
by ChenQianYu
Continue to short gold after the reboundGold's decline yesterday found support around the 2888 level before staging a rebound, and it has now recovered to the 2925 area. Although the bulls have begun their counterattack, their momentum appears significantly weaker compared to previous recoveries, indicating a growing lack of confidence among bullish participants. Yesterday’s downward breakout from a period of sideways consolidation pushed gold through multiple key support levels and decisively breached the 2900 mark. This demonstrated strengthening bearish momentum, driven by profit-taking from earlier positions and an influx of panic-driven selling. Despite the current rebound, it’s likely just a technical correction following the sharp drop, providing more opportunities to short gold. As gold’s price action shifts lower, the 2925-2935 zone now stands out as a prominent short-term resistance area. For short-term trades, we can use this zone as a key level to initiate fresh short positions. Gold is likely to retest the 2890 support area, and a decisive break below this level could open the path for further declines toward the 2870-2860 region. Bros, profits are the ultimate goal in trading. Accumulating profits is what changes lives and destinies. Choosing wisely is far more important than just working hard. If you want to replicate trade signals and earn stable profits, or if you want to deeply learn the correct trading logic and techniques, you can consider joining the channel at the bottom of this article!
OANDA:XAUUSDShort
by Trader_Marvin
AUDUSD InsightGreetings to all subscribers! Please share your personal opinions in the comments. Don't forget to like and subscribe! Key Points - Friedrich Merz, leader of the Christian Democratic Union (CDU) and a potential candidate for German Chancellor, held a 1.5-hour meeting with Chancellor Olaf Scholz. During the discussion, they explored ways to bypass strict national debt limits and increase defense spending. - The U.S. February CB Consumer Confidence Index fell by 7 points from the previous month to 98.3, raising concerns about stagflation as it coincided with a sharp rise in 12-month inflation expectations. - ECB Executive Board Member Isabel Schnabel stated, "We can no longer confidently say that our policy is restrictive." Key Economic Events This Week + February 27: U.S. Q4 GDP + February 28: Germany February CPI, U.S. January PCE Price Index AUDUSD Chart Analysis As anticipated last week, after surpassing the 0.63000 level, AUDUSD climbed to the 0.64000 resistance area, where it is now facing downward pressure. If this decline is short-term, the 0.63000 level should hold. However, if it fails to do so, a further drop toward the 0.60000 level is likely. On the other hand, if an upward move breaks through the 0.64000 level, the pair may establish a new high around 0.66000.
Short
by shawntime_academy
btc finds 200 ema support, whats next?As I have been posting in these "Ideas" for the past few weeks about market direction and where the price for BTC will go. It now has come to pass where the 200 EMA has been tested and support has been found, It however has not generated any relief among buyer sentiment unable to push price above the previous days close leaving the digital asset to continue to bleed out and cause positions from all the 93k Bulls to liquidate. Its a shame people cannot make the connection that the only way price can go higher is to go lower in a market. That Is why I am going to warn people about where we may go , I believe the 200 EMA will be tested again and if support is broken it will send is into the low 70k area where there are open orders and It is possible this may happen. The Bull market support band is the 200EMA however there may be institutional money that may drive us down to cause massive liquidations and fear and panic among those holding bags while greed causes big players to push more into the fringe of where we can maintain a recovery. Watch for a retest of the 200EMA . which is a bit of a fuzzy zone , use the high and low to denote the area for support as well as keep an eye on the RSI and CCI , we are also watching on balance volume drop off which is not a great sign that there is market confidence however this will play out over the weekly and the weekly candle will start to materialize in the next few days.
by dasBoot
XAUUSD: Extra Caution NeededToday, the movement of gold is completely in line with the analysis I issued in the morning. After reaching $2950, it dropped again. Although all the signals I've provided recently have been profitable, it should be noted that the upward trend of gold has not completely ended yet. Even when short selling, one needs to choose a safe position to enter. The safest area for short selling remains the range of $2950 - $2960. This week's trading has been smoother than expected. However, due to the violent fluctuations in the market, unexpected changes may occur. We still need to strictly control trading risks to avoid losses to our accounts. Currently, my $40,000 account is on the verge of reaching $80,000 in just two days. I will share the orders every day. If you also need accurate signals and analysis, you can click on the link below to obtain them!
FOREXCOM:XAUUSDShort
by Kill_the_dealer
Today analysis for Nasdaq, Oil, and GoldNasdaq The Nasdaq closed lower, continuing its selling pressure. The index quickly dropped to the lower boundary of a large range, touching the 120-day moving average. The daily MACD has formed a bearish crossover with the signal line, confirming the downtrend, and the index has now reached a potential support zone near previous lows. Yesterday provided a short opportunity at the 5-day moving average, and since there was no meaningful rebound, the gap between price and the 5-day MA has widened significantly. This suggests that a short-term technical bounce could occur based on intraday movements. However, given the strong selling momentum on the daily chart, even if the market consolidates for a few days, further downside remains likely. If considering long positions, strict stop-loss management is essential. On the 240-minute chart, selling pressure continues to dominate, with both the MACD and signal line dropping sharply below the zero line. Comparing this to past price action near 20,763, the current MACD decline is even steeper, meaning that even if a short-term bounce occurs, the MACD is unlikely to recover back above zero easily. Overall, selling into rallies remains the preferred strategy, but traders should watch for intraday bottoming signals, as a bounce toward the 5-day MA is possible. Crude Oil Crude oil closed lower, weighed down by concerns over slowing consumer demand. On the daily chart, the sell signal remained intact, and the break below $70 has now confirmed a potential breakdown. Since $70 had been a key support/resistance level, the break below it suggests further downside risk. Today, a shorting opportunity may arise at the 3-day moving average, in line with technical retracement principles. However, the $66–67 range remains a strong support zone, so traders should monitor whether selling pressure is strong enough to push prices below this area. Since the MACD is turning sharply downward, and price action is forming a large bearish candle, the best strategy remains shorting into rallies near the 3-day MA. On the 240-minute chart, a third bearish wave has developed, leading to an accelerated decline. Aside from potential buying at key support levels on the daily chart, selling into rallies remains the most favorable approach. Given that inventory data will be released today, traders should be cautious of increased volatility. Gold Gold closed sharply lower, forming a large bearish candle as the Consumer Confidence Index fell. Yesterday, gold was at a crossroads between a buy and sell signal, and with this bearish breakout, the sell signal is now confirmed. For now, gold is likely to trade within a broad range, as the daily MACD and signal line remain widely separated from the zero line. This suggests that while further downside is possible, periodic rebounds should also be expected. Since gold has now fallen below the 10-day moving average and reached the 20-day MA, traders should treat the 3-day, 5-day, and 10-day MAs as key resistance levels, while the 20-day, 30-day, and 60-day MAs serve as support levels. On the 240-minute chart, the MACD has dropped below zero, with the signal line following downward. This reinforces a range-bound trading strategy, focusing on buying at major support levels while keeping in mind potential rebounds. By analyzing the daily candles, traders can identify potential future scenarios for Nasdaq, oil, and gold. This is why daily and intraday technical analysis is essential. Additionally, NVIDIA’s earnings report will be released tonight, which could introduce further market volatility. Stay disciplined, manage risk carefully, and have a successful trading day! If you like my analysis, please follow me and give it a boost! For additional strategies for today, check out my profile. Thank you!
CME_MINI:NQ1!
by Futureguard
CYCLE 4 | UPDATE - BTC Possible Next Move into Sell ZoneA quick chart to outline BTCs possible next move up if bulls take control again as we enter in March out of the current consolidation zone. What we would be looking for in this scenario is a retest and hold of the below 20W SMA | 21W EMA, sweeping our prior low of the current range. See daily charts below. Daily Chart(S) Showing 1.618 Over Extension Daily Chart(S) Showing 1.618 Over Extension & Daily Order Block Back on the weekly, this will allow BTC to rest back down to the lower RSI line, hopefully put in some divergent behavior and push BTC up to our long term tracking Sell Zone area and the 1.618 Fix Extension region.
Long
by Brodie