Gold (XAU/USD) just tapped a strong supply zone at $3,375 and is starting to pull back. Here’s what I’m looking at: Rejection from supply zone = short bias Clean breakout = potential retest & rally continuation Key downside targets: $3,180 and $3,046 if sellers take control This area has historical resistance + recent exhaustion signs. Price is overextended...
EUR/USD just broke into a major supply zone around 1.13820 after weeks of consolidation. But here's the twist — is this a true breakout or a bull trap? I'm watching for: A rejection from the supply zone = short setup A clean breakout with strong candle close = long continuation Targets: 1.08881 and possibly down to 1.03594 if bulls fail to hold! Fundamentals...
Dogecoin is showing strength after weeks of consolidation at the $0.15 support, a key demand zone. The chart shows price holding above the orange zone, with low volatility — classic signs of accumulation. Key Levels: Support: $0.1566 (accumulation range) Breakout Level: $0.2032 Targets: $0.3432 and $0.4462 (previous supply zones) Why this setup...
Bitcoin just rejected the $85,554 supply zone for the third time, showing clear resistance on the 1H chart. With low momentum and repeated wicks at the top, a breakdown might be brewing. Key Levels to Watch: Supply Zone: $85,100–$86,000 (heavy resistance) Support Zone: $83,383–$83,000 (demand cluster) Bias: Bearish unless $85,554 is broken cleanly What I’m...
Here on Usdjpy price form a demand around level of 142.330 and is likely to continue going up so trader should go for long with expect profit target of 144.628 and 146.947 . Use money management
The pair has been consolidating just below a strong supply zone between 1.13698 - 1.13820, as shown by the LuxAlgo supply/demand indicator. Multiple rejections at this resistance area suggest exhaustion from buyers. Price is forming a tight range, and momentum seems to be fading. With lower highs forming and no successful breakout above 1.13820, bears might be...
Dogecoin just bounced off a key demand zone near $0.15740, with bullish signs starting to emerge. Here's what this 15-minute chart is signaling for intraday traders: Key Levels to Watch: Demand Zone: $0.15740 – $0.15880 → Strong buying pressure spotted here Resistance 1: $0.16338 → Break above this opens the door to higher levels Major Supply Zone: $0.16703 –...
Bitcoin is currently trading around $85,773, showing strength but facing stiff resistance near the $87,100 supply zone. Let's break down what the chart is telling us and why this week could be critical for price direction. Key Levels: Supply Zone: $86,800 - $87,500 → Price has been rejected here multiple times. This is the sell wall. Immediate Support: $82,882...
Gold is currently trading around $3,229, struggling to break above a strong supply zone marked between $3,223 - $3,230. This area has acted as resistance multiple times, indicating heavy selling pressure. Key Levels: Supply Zone: $3,223 - $3,230 (Price rejection zone) Immediate Support: $3,207 Next Support Zone: $3,093 Major Demand Zone: $2,990 - $2,960...
The NAS100 has bounced strongly from the high-volume demand zone (16,700 – 17,800) highlighted by LuxAlgo's Supply and Demand indicator. The current price is consolidating near 18,700, building momentum for a potential breakout. Key Technical Zones: Demand Zone: 16,700 – 17,800 (high buy interest) Support Level: 17,828.9 Resistance 1: 20,350.6 (first upside...
USDJPY is showing signs of strength near a key demand zone (142.800 – 143.100), holding above it for several sessions. Price is currently flirting with the 143.116 resistance. A clean break and retest of this level could spark bullish momentum. Key Levels to Watch: Support/Demand Zone: 142.800 – 143.100 (highlighted in orange) Resistance 1: 143.116 (current key...
USDCAD is sitting on a major demand zone around 1.38579 — clearly marked by the orange box. We’ve seen strong rejections here in the past, and price is now consolidating at the very edge of this zone. Above us, there’s a key resistance level at 1.40664, aligning with the supply zone (blue box). This creates a beautiful range-trading opportunity or even a...
EURUSD is currently trading around 1.14028, testing a strong supply zone marked in blue. Price has previously been rejected at this level, forming a potential double top pattern — a classic bearish reversal signal. Key Levels: Resistance (Supply Zone): 1.13820 – 1.14050 Immediate Support: 1.11737 Major Support: 1.09272 (Demand Zone) Bearish Outlook (Marked...
Gold has been on a strong bullish run, but we might be gearing up for a major correction! Here's what I'm watching closely on the 1H chart: Key Analysis: 1. Rejection at Major Supply Zone Price is stalling around $3,224 - $3,230, a visible supply zone where we’re already seeing bearish signs. Multiple wicks and consolidation at resistance hint at weakening...
Dogecoin just tapped into a strong supply zone between $0.16624 – $0.16800 and showed immediate signs of rejection. Price action is slowing, and early sellers are stepping in—this could be the beginning of a short-term pullback. --- Key Levels to Watch: Resistance (Supply): $0.16624 – $0.16800 Support 1: $0.16227 Support 2: $0.15740 Demand Zone:...
Bitcoin just tested and got rejected from a high-volume supply zone around $84,940 (marked by LuxAlgo's Supply & Demand Visible Range). The price formed a wick rejection right inside the zone, and we’re now seeing early bearish signs. --- Key Levels: Immediate Resistance: $84,940 (supply zone top) Support 1: $84,140 Support 2: $82,997 (previous demand...
Litecoin (LTCUSD) is showing early signs of a potential bullish reversal after bouncing off a strong demand zone around $70–$76 (highlighted in orange). Here's a breakdown of the technical setup: Key Technical Zones: Support Zone: $70–$76 (High Volume Node + Demand Area) Resistance 1: $81.27 – Immediate resistance that could turn into support if...
BTC/USD is consolidating just above a major supply zone ($82,731 - $83,500), showing strength after a bullish breakout earlier this week. Key Levels to Watch: Resistance Zone (Supply): $82,731 - $83,500 Price is currently testing this zone. A clean break and hold above it could trigger a sharp upside continuation. Immediate Demand Zone: $79,709 This level...