Market next target
⚠️ Disruption Points:
1. Dubious Support Zone
The boxed zone (highlighted as support) shows multiple rejections but no clear bullish rejection candles (e.g., no hammer, bullish engulfing).
This may be a false base forming before another breakdown, especially with declining volume.
2. No Confirmed Reversal Pattern
The chart lacks a proper reversal structure like a double bottom, inverse head-and-shoulders, or bullish divergence.
A few sideways candles ≠ trend reversal—this might just be consolidation before further drop.
3. Weak Buyer Commitment
Volume has steadily decreased as the price attempted to base out.
If buyers were serious, we’d expect to see surging green volume bars, not this tapering activity.
4. Downtrend Still Dominant
The overall market structure is still lower highs and lower lows.
Jumping into a long trade against the trend without a confirmed break above the last swing high (≈1.13250) is premature.
5. Risk-Reward Imbalance
The arrowed path assumes an ideal rise without considering realistic pullbacks or market resistance.
If a stop is set below 1.12800 (support low) and the target is 1.13400, reward is tight compared to the risk, especially if price continues chopping sideways.
Forex market
USDJPY Showing potential growthHi there,
The USDJPY appears to have reached a support area and formed a demand zone. It is worth noting that the demand zone is not fully formed yet, as there is no clear higher low above it.
However, the support area suggests that an upward movement might hold despite the bearish pressure seen on the weekly time frame. There is a resistance level at 143.158, and if the price rises above this resistance, the upward momentum could continue.
The levels 143.667 and 144.508 are potential target areas, with a bias toward 145.109.
Happy trading,
K.
Not trading advice
USD/CHF Bearish Rejection Setup – Short Opportunity1. Market Context & Structure
The USD/CHF currency pair is currently exhibiting a bearish market structure on the 1-hour chart. After a sharp decline from the 0.8360+ level, the price has attempted to recover but remains in a corrective phase. This recovery appears to be forming lower highs and is approaching a key resistance zone. The overall structure shows a series of sharp drops followed by weaker upward retracements, a classic sign of sellers still being in control. The current rise toward the 0.8300–0.8310 level is likely a corrective move, not a reversal, and could act as an ideal zone for a fresh bearish entry.
2. Key Technical Zones
Three key price zones define this setup. The first is the resistance zone between 0.8300 and 0.8310, marked with a red box. This area has previously acted as a strong supply zone where price faced heavy selling pressure, and it is likely to be respected again. The second important area is the intermediate support between 0.8210 and 0.8225, which could serve as a partial target for profit booking or re-entry on bounce. Finally, the major demand zone lies around 0.8160 to 0.8175, a level where price previously paused before resuming upward correction. These zones collectively provide logical stop loss and target levels for managing the trade with discipline.
3. Trading Plan (Sell Setup)
The trade idea here is to initiate a short position as the price enters the 0.8300–0.8310 resistance zone. This level aligns with the previous high and the edge of a well-defined supply area. A stop loss should be placed slightly above the resistance zone—around 0.8330—to avoid getting stopped out by minor spikes or false breakouts. For targets, the first take-profit can be at 0.8225, near the intermediate support zone. If bearish momentum continues, the next logical target is at 0.8175, which aligns with previous price rejections. This plan offers a clean setup with a favorable risk-to-reward ratio of at least 1:2 or higher, depending on the exact entry and target levels.
4. Confluences Supporting the Trade
Several technical factors strengthen the case for a short position at the identified level. First, the price is moving within a downtrend, confirmed by the lower highs and lower lows. The approach toward the resistance zone appears to be a corrective wave, not a breakout. Second, the chart shows a potential M-pattern formation, where the second peak aligns closely with the previous one, indicating a likely double-top scenario. Moreover, price previously reversed sharply from this resistance zone, and similar rejection candles could appear again. This confluence of trend, price action patterns, and zone-based analysis strongly supports the bearish outlook.
5. Expected Move
Based on the current structure, once price reaches the resistance at 0.8300–0.8310, a rejection is expected. This could lead to a pullback first to the 0.8225 support area. If this level is broken with momentum, a continued decline toward the 0.8175–0.8160 zone is highly probable. This move aligns with the overall bearish trend and would complete the projected wave structure shown in the chart. Traders should watch for signs of reversal (bearish engulfing, rejection wicks) at resistance to confirm entry.
6. Trade Management
Proper trade management is key to success with this setup. Once the position is live, it's recommended to book partial profits around the 0.8225 level to secure gains. The stop loss can then be moved to breakeven or entry price to make the trade risk-free. If price bounces from this level, re-entry opportunities can be evaluated with tighter stop-losses. If the move continues beyond 0.8225, the position should be held toward the 0.8175 target with trailing stop-loss adjustments. Also, traders should be cautious around high-impact USD or CHF news events, which can cause volatility and invalidate technical levels.
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURUSD - Buy CMP - 27/05/2025Fundamentals: The euro has strengthened against the U.S. dollar, reflecting positive economic indicators in the Eurozone and a slight easing in U.S. inflation data.
Technical: The pair remains in a bullish trend across all timeframes, with key resistance at 1.1350 and support at 1.1300.
NZDUSD Wave Analysis – 27 May 2025- NZDUSD reversed from the pivotal resistance level 0.6020
- Likely to fall to support level 0.5900
NZDUSD currency pair recently reversed down from the pivotal resistance level 0.6020 (which has been reversing the price from November).
The downward reversal from the resistance level 0.6020 formed the daily Shooting Star – which stopped the C-wave of the previous ABC corrections (2).
NZDUSD currency pair can be expected to fall to the next support level 0.5900, which has been reversing the price since the middle of May.
NZDUSD is in the Selling DirectionHello Traders
In This Chart NZDUSD HOURLY Forex Forecast By FOREX PLANET
today GBPUSD analysis 👆
🟢This Chart includes_ (NZDUSD market update)
🟢What is The Next Opportunity on NZDUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GBP/JPY Short Currently GBP/JPY buyers are looking exhausted as it starts to enter a key sell zone on the Daily and Lower time frames. Expecting price to give a discount at 194.000 and bring big buyers back in. First Take profit I anticipate is 194.750, followed by 194.500. If these levels are reached price should react off this key support and resistence area and push for a higher highs on the lower time frames.
GBPUSD BUY TRADE PLAN🔥GBP/USD – May 28, 2025
📋 Plan Overview Table
Type Direction Confidence R:R Status
Swing Trade Buy 75% 2.8:1 Active
📈 Market Bias & Type
Bias: Reversal from short-term sell-off into key support
Type: Bullish reversal setup off demand zone and daily structure support
🔰 Confidence Level – 75%
🔹 H4 demand zone test (confirmed)
🔹 Price respecting higher low structure on D1
🔹 Momentum divergence building on H1
🔹 RSI oversold on intraday
📍 Entry Zones
Zone Type Price Range
Primary 1.3490 – 1.3510
Secondary 1.3450 – 1.3470
❗ Stop Loss (SL)
Primary SL: 1.3440 (below secondary zone)
Secondary SL: 1.3400 (invalidates D1 HL structure)
SL Reasoning: Below structural swing low and untested H4 imbalance.
🎯 Take Profit Targets
Target Price Reason
TP1 1.3580 Local supply on H1
TP2 1.3640 Previous high – intraday
TP3 1.3700 Major D1 resistance
🧠 Management Strategy
💼 Risk: 1.0% per setup zone
🧱 Move SL to BE at TP1
🔁 Scale in from secondary zone if price wicks down
📉 If both zones are tagged, average price improves R:R
⚠️ Confirmation Checklist
Criteria Status
Bullish candle M15+ ✅
Retest of demand ✅
NY/LDN session 🔄
Volume spike ✅
⏳ Validity
H1 Structure: Valid 12–16 hours
H4 Structure: Valid 48–72 hours
❌ Invalidation Conditions
Daily close below 1.3400
Momentum closes below D1 demand
🌐 Fundamental & Sentiment Snapshot
🔹 USD CPI softening, Fed expectations for pause
🔹 GBP firm labor market data, but political noise lingering
🔹 Market still pricing GBP stronger mid-term
🔹 Risk-on equity sentiment supporting GBP pairs short-term
📋 Final Trade Summary
This trade plan for GBP/USD aligns with a confluence of intraday demand, bullish D1 structure, and confirmed short-term exhaustion. We're watching for NY session confirmation, with entry zone proximity creating a favorable R:R on both scale levels.
USD/CADThe pair has been in a clear downtrend, forming a bottom around the 1.3665 area, followed by a noticeable bullish rebound with consecutive bullish candles.
Key Support Zone:
1.3665 – Represents the recent bottom and a significant reversal point.
Upcoming Resistance Levels:
1.3818: A horizontal resistance that has been tested multiple times and is close to the current price.
1.3860 – 1.3880: A strong resistance zone, marking a previous reversal point.
1.3920 – 1.3950: The next resistance zone after a breakout, corresponding to a prior lower high.
Bullish Scenario (currently more likely):
If the upward momentum continues, price may reach the 1.3860 zone and potentially break above it toward 1.3920, provided it stabilizes above 1.3818.
Bearish Scenario (if the rally fails):
If the price forms a reversal candle near 1.3818 and fails to break through, a pullback may occur toward 1.3730, and possibly retest 1.3665.
EUR/GBP - A symmetrical triangle breakout to the downside
On the 30 minute chart we observe a symmetrical triangle that broke out on the downside on high volume. The price objective for a triangle is the distance of the widest 2 points of the triangle, projected in the direction from the breakout point.
On the chart we can see that the price objective is about 34 pips. A trade is placed near the breakout point, projected around 34 pips downward. I placed this trade before the breakout occurred, with my reasoning being this symmetrical triangle will breakout in continuation of the current trend which is downward. I did not expect the breakout to occur on the upside.
The price objective hasn't be met yet, which gives me reason to stay in the current trade until it has, or until new technical patterns arise.
USD/CHF - 7 touch trendline break, a bullish opportunity
On the 30 minute chart we see a 7 touch trendline break to the upside. A trendline of 7 touches is very significant and thus a break should not be taken lightly, a serious move may be coming.
The break also occurred on high volume. Additionally, price is now above the SMA 200 and SMA 50, signaling bullish. The moving averages are also getting ready to cross, with the SMA 50 moving above the 200 which again signals bullish.
The indications are strong. A long trade may be a good move here. A trade has been placed with a stop loss placed below the most recent low and a take profit targeting a 1 to 1.5 risk to reward ratio.
GBP/USD – Trendline Liquidity Grab and Reversal SetupPrice has been respecting a major ascending trendline, forming higher highs and higher lows. Currently, it looks like we’ve had a liquidity grab below the trendline, sweeping early buyers and stop losses.
I'm watching this zone closely for a potential fakeout, followed by a bullish reaction. This area aligns with:
Major ascending trendline support
Previous structure level
High-probability liquidity zone
If price reclaims the trendline with strong bullish momentum, I’ll be looking for buy confirmations to ride the next leg up. A clean rejection and break of short-term bearish structure would strengthen the setup.
Key Notes:
Buy zone highlighted
Waiting for confirmation before entry
Strong RR if price respects the zone
Invalid if price closes below the zone with strong bearish pressure
Let me know your thoughts or if you see it differently!
EUR/USD 15M | Bullish BAT Pattern | EURUSD | FOREXA precise Bullish BAT pattern has completed at point D (near 0.886 XA retracement), signaling a potential reversal from this harmonic support zone.
Entry Zone: 1.13415
Stop Loss: 1.13216
🔹 You can set your own profit target based on your preferred risk-reward ratio.
🟢 Watch for bullish confirmation at D. If held, this could trigger a strong intraday bounce. Structure + pattern = high-probability reversal zone.