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Support and Resistance

bearish ride for EURAUDafter breaking the support quite clearly the price retraced marked first LH after getting rejection from Fib .618 level and then posted LL. The current scenario is quite similar to the old one as the price was retraced to the .618 Fib level and moved downwards. Instant short can be an option by placing SL on the LH or we can wait till the Alligator indicator changes its shape downwards and opens its mouth and then we will sell on the green line and our SL will be above the blue line. 1:2 RR should be the target
Short
by faisal-101
US30–Bearish Continues Below Pivot Amid Geopolitical UncertaintyUS30 Analysis & Market Impact – February 24, 2025 Bearish Momentum in Play as Dow Jones Drops Below Pivot Zone US30 has continued its downward movement as we mentioned in the previous idea , breaking below the pivot zone (43765- 43900) and confirming bearish momentum. The price is now trading near the 43760 level, with the next support zone at 43212. Technical Outlook: Bearish Scenario: As long as the price remains below 43760, the downward pressure is likely to continue toward 43212 and 42770 as the next key support levels. Bullish Reversal: A recovery above 43900 would indicate a potential upside toward 44210 and 44400. Market News Impact: Germany's election results indicate that the Christian Democrat Union is set to take over, with Friedrich Merz as the likely chancellor. This shift in leadership could influence EU-U.S. relations, especially in response to tariff threats from President Trump. U.S. stock futures are showing early signs of recovery, but market volatility is expected as investors react to potential economic policy changes in Germany. Key Levels to Watch: Resistance: 44210| 44405| 44755 Pivot: 43765 Support: 43400| 43212| 42770 ⚠️ Directional Bias: As long as US30 remains below 43765, the bearish trend remains in control. However, geopolitical factors could increase market volatility, so stay alert. 📉🔥
OANDA:US30USDShort
by SroshMayi
GBPZAR at Clear Resistance Zone - Will Sellers Step In?OANDA:GBPZAR has reached 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 23.1620 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.
Short
by TrendDiva
3
EURJPY Approaching Major Support – Will Buyers Step In?OANDA:EURJPY is approaching a significant support zone, highlighted by previous price reactions and strong buying interest. This area has historically acted as a key demand zone, increasing the likelihood of a bounce if buyers step in. The current market structure suggests that if the price confirms support within this zone, we could see a bullish reversal. A successful rebound could push the pair toward the 160.000 level, a logical target based on past price behavior and structural confluence. 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
6
USD/JPY Bearish Breakdown: Eyes on 148.39 Support! USD/JPY Technical Analysis – February 24, 2025 USD/JPY continues its bearish momentum, having already broken below 149.67, confirming further downside pressure. The price is now stabilizing around 149.33, and as long as it remains below the 151.04 resistance, the bearish trend is intact. A further drop toward the 148.39 support zone is now likely, with an extended bearish target at 147.82. However, a potential correction toward 151.04 - 151.79 could occur before continuing downward. If USD/JPY reclaims 151.04, it could become volatile and attempt a push toward 151.79 before deciding on the next direction. Key Levels to Watch: Pivot Point: 149.678 Resistance Levels: 151.04, 151.79, 152.64 Support Levels: 148.39, 147.82, 146.33 📉 Directional Bias: Bearish continuation expected toward 148.39 - 147.82 as long as below 149.67 💬 Will USD/JPY reach 148.39 next, or will it retrace before another drop? Let’s watch the price action! 🚀🔥
Short
by SroshMayi
2
LDO/USDT Technical Analysis – 1D# 📉 LDO/USDT Technical Analysis – Daily Timeframe 🔍 LDO price is currently sitting on its **90-day support level**. This is a crucial area because if the price manages to hold this support, we could see an upward move toward **2.35 USDT**, which is a key daily resistance level. 📌 **Bullish Scenario:** If buyers step in and defend this support zone, we might witness a rally toward **2.35 USDT**, representing a **51% increase** from the current price. ⚠ **Bearish Scenario:** However, if the **1.544 USDT** support level is lost on the daily timeframe, the next critical support would be at **0.925 USDT**. This is the **last major support zone** on the daily chart, and losing it could trigger further downside. 📊 **Indicators Overview:** 🔹 **Volume:** An increase in volume at key levels signals strong buying or selling pressure. Currently, volume is declining compared to the average, indicating uncertainty among traders. 🔹 **RSI:** The Relative Strength Index (RSI) is at **44.22**, suggesting that the market is in a neutral zone with balanced buying and selling pressure. 👀 **Do you think LDO can bounce from this support level, or are we about to see another drop? Share your thoughts in the comments!** --- 🔹 **This analysis is for informational purposes only and should not be considered financial advice. Please manage your risk accordingly before making any trading decisions.** ✅ If you agree with this analysis, drop a comment and share it with others! 🚀
by hosseindala
Trading Signans for EUR/USD sell below 1.05280The upcoming week is filled with important fundamental events, which puts the EUR/USD pair at a critical juncture -it could either move toward the 5th figure range or descend to the 3rd figure range. Last week, the EUR/USD recorded a high of 1.0507 and a low of 1.0401, closing on Friday at 1.0461, which is essentially in the middle of this price range. This outcome reflects the indecision among both buyers and sellers in the EUR/USD market.
Short
by CEO-PREMIUM-ANALYSIS
1
USDT.D Plan & Market ExpectationsMarket Outlook: Current expectation: Taking out the fractal high with a confirmed impulse via a new 1D FVG formation. If no 1D FVG forms, there’s a high probability of testing the higher fractal high at 4.96%, which would be bearish for BTC & alts. However, there are currently no clear signs of a move toward 4.96%. Preferred Scenario – Bearish Continuation Higher probability for impulse decline → Price already tested local support inside the current range. Targeting: 1W FVG – First major liquidity area for a reaction. 1W RB – If 1W FVG breaks, expect further downside here. Rebound Scenario & Risk Management From 1W FVG & 1W RB: Expect bounces. If no new SNR or 1D FVG forms during the bounce, the decline will likely continue toward new local lows. If new variables (SNR / 1D FVG) appear, reassess for potential reversal. Bearish Invalidation – Bullish Risk If USDT.D breaks 4.96%, market conditions turn negative for BTC & alts. No strong indications yet, but must monitor for confirmation or rejection.
CRYPTOCAP:USDT.DShort
by Goldfinch_song