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Support and Resistance

VZ - Verizon Communications Inc. (45 minutes chart, NYSE) - LongVZ - Verizon Communications Inc. (45 minutes chart, NYSE) - Long Position; Short-term research idea. Risk assessment: High {volatility risk} Risk/Reward ratio ~ 2.08 Current Market Price (CMP) ~ 44.17 Entry limit ~ 44 to 43.60 (Avg. - 43.8) on May 07, 2025 1.⁠ ⁠⁠Target limit ~ 44.35 (+1.26%; +0.55 points) 2.⁠ ⁠⁠Target limit ~ 44.80 (+2.28%; +1 point) 3.⁠ ⁠⁠Target limit ~ 45.15 (+3.08%; +1.35 points) Stop order limit ~ 43.15 (-1.48%; -0.65 points) Disclaimer: Investments in securities markets are subject to market risks. All information presented in this group is strictly for reference and personal study purposes only and is not a recommendation and/or a solicitation to act upon under any interpretation of the letter. LEGEND: {curly brackets} = observations = important updates (parentheses) = information ~ tilde/approximation = variable value -hyphen = fixed value
NYSE:VZLong
by VEDIMarketWatch
THE KOG REPORT - UpdateEnd of day update from us here at KOG: A decent day on the markets after the frustrating range being played early week. We said we expected the play to be between the 3210 and 3255 region with a break either side deciding the short term direction. We waited lower for the 3203-5 region early session, managed to get 3204 and then long on the red boxes which guided the way as well as our trusted algo Excalibur. Excalibur completed 4 Gold targets in a day with another insane pip capture. Well done team. So now we have an open level above 3290-95 with our indicator starting to show the stretch upside. Rather than attempt long up here, we'll look higher for a potential RIP based on a clean set up, if we get that support is on the flip at 3255-60 which is the retracement level. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
8
EURUSD Sell Swing TradeHello Traders, I stumbled across the Euro Dollar chart on the daily time-frame only to notice we are coming near a level of some significance at 1.12778 I noticed some historic bearish rejections on this key level and whilst looking at market structure, I was interested in another bearish move from this market. I zoomed into the 4hr time frame to see what candlestick patterns I could identify to build to some value into the trade idea. Not only did I do this, but I found a large wick rejection candle form below my structure level which I have used for entry. I anticipate that we will see this pair take price down to previous structure lows and break lower depending on how quickly the market reacts Entry @ 1.12518 Stop Loss @ 1.12970 - 45.2pips Take Profit @ 1.10751 - 176.3 pips Best of luck if you take this !!!
Short
by hamzah_mahmud
GBPCHF - Expecting Bearish Continuation In The Short TermH1 - Clean bearish trend with the price creating series of lower highs, lower lows. No opposite signs. Expecting further continuation lower until the two Fibonacci resistance zones hold. If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀 -------------------------------------------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by VladimirRibakov
4-hour time frame update4-hour time frame update The first two legs of the market have been correcting/rising as expected. So far, the resistance range is 90 to 25, a large range on the daily and weekly time frame, which, with the strong 4-hour market candlesticks, shows that the correction of the third leg may not proceed as analyzed and will only be a pullback of the upward wave. I am keeping the orders and added a new support area to the chart. In addition, the trend line has been broken... and the fourth leg and the view are still the same, and after the correction, the upward movement will be towards the channel ceiling, and if it is stabilized, the movement will be towards the liquidity of the last ceiling.
FOREXCOM:XAUUSD
by kinshinreza
DeGRAM | BTCUSD holding $104K📊 Technical Analysis ● BTC again defended the 104 k-104.3 k flip-zone and long-term purple trend-line, printing a fourth higher-low inside the 7-month rising channel. ● Price is coiling in a tight bullish pennant beneath April’s high; a breakout aligns with the channel ceiling and projects toward the 112.5 k supply band. 💡 Fundamental Analysis ● CME BTC-futures open-interest hit a record this week, while Glassnode shows exchange reserves at a 6-year low—evidence of both leveraged and spot accumulation supporting upside continuation. ✨ Summary Higher-low + record OI favour longs: accumulate 104-105 k, objectives 108 k ➜ 112.5 k, risk controlled on a close below 100.6 k. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Long
by DeGRAM
3
Bitcoin Analysis – Can Buyers Push the Price Up to $116,000?OANDA:BTCUSD is trading within a clearly defined ascending channel, with price action consistently respecting both the upper and lower boundaries. The recent bullish momentum indicates that buyers are in control, suggesting a potential continuation. Price has recently broken through a key resistance zone and may return to retest it. If this level holds as support, it will reinforce the bullish structure and increase the likelihood of a move toward the 116,000 target, aligning with the upper boundary of the channel. As long as price remains above this support zone, the bullish outlook remains intact. However, a break below this level could invalidate the setup and increase the likelihood of a deeper pullback. Remember, always confirm your setup and trade with solid risk management. Good luck!
BITSTAMP:BTCUSDLong
by LucasMgoldview
1
GOLD → Breaking of the downward trend structure...FX:XAUUSD is breaking out of the downward price channel and heading towards the zone of interest at 3346. A false breakout of resistance could trigger a correction before growth continues. Gold is rising for the third day in a row and trading above $3,300 amid a weakening dollar and heightened geopolitical tensions. Investors are seeking refuge due to concerns about US fiscal policy, trade disputes with China, and a possible Israeli strike on Iran. Gold is also supported by expectations of a Fed rate cut and weak prospects for the dollar. Technically, the price is heading towards the order block and resistance at 3345-3360. Since the opening of the session, the price has exhausted all its potential, and a retest of the key level may end in a false breakout and correction. However, based on the fundamental background, gold's growth may continue after the correction... Resistance levels: 3346, 3360, 3409 Support levels: 3288, 3265, 3245 Gold has returned to the buy zone, but the fundamental background is unstable, and any weakening of economic risks could send gold back south. At the moment, the focus is on 3346-3360, with a false breakout likely to trigger a correction. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
12
BankNifty levels - May 22, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We trust that this information proves valuable to you. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you successful trading endeavors!
NSE:BANKNIFTY
by sacxe
Nifty levels - May 22, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We hope you find this information beneficial in your trading endeavors. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you success in your trading activities!
NSE:NIFTY
by sacxe
EURGBP: Potential sell setup towards 0.8500?OANDA:EURGBP has reached a notable resistance level, an area that has been a clear turning point in the past, leading to some notable reversals. Given this, there is once again potential for a bearish reaction if price action confirms rejection, such as a bearish engulfing candle, long upper wicks or increased selling volume. If the resistance level holds, I anticipate a downward move toward 0.8500 , which for me is quite an achievable target now. But if the price breaks above this zone and sustains above it, the bearish outlook may be invalidated, leading to 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
31
Trend trading is the core strategyGold opened at 3290 and rebounded, reaching 3314 and retreating. Last night, gold broke through the box and oscillated, so it is reasonable to continue to move up. The gold moving average continues to cross upward and diverge. The strength of gold bulls is still there. The decline of gold is an opportunity to continue to go long. Gold is now at the top and bottom conversion position of 3275-85. Gold falls back to 3275-3285 and continues to go long. Gold has repaired the gap of the previous gap. In the short term, pay attention to the suppression of 3315-21. Try not to chase the high position. We will intervene in the long position when it falls back. Today, the support below is around 3275-85, and the upper short-term focus is on the 3315-21 line. If it does not break, you can short. The important resistance is 3340-45. The short-term long-short strength and weakness watershed is 3253-60. The daily level stabilizes above this position and continues to maintain the same low-long rhythm. Shorting can only enter the market at key points, and enter and exit quickly, and do not fight. Gold operation strategy: 1. Go long when gold falls back to around 3275-85, with a target of 3300-3320. 2. Go short when gold rebounds around 3340-45, with a target of 3320-3300.
OANDA:XAUUSDLong
by TP_Daniel5
1