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Support and Resistance

USDCAD – 15TF Technical & Fundamental AnalysisUSDCAD – 15TF Technical & Fundamental Analysis Technical Analysis: On the 15-minute timeframe, the USDCAD pair remains in an overall bullish structure. Price action recently tested and breached the minor resistance zone at 1.39300, which coincides with a Fair Value Gap (FVG). However, this breakout was short-lived, as price reversed sharply, indicating a possible liquidity grab and subsequently breaking below the minor support level at 1.39190—now acting as a sell-side liquidity zone. Our short-term strategy involves closely monitoring for a bullish confirmation candle closing above the FVG, with a potential entry point near 1.39320. Stop-loss placement is advised just below the FVG, and the initial target would be the next resistance area around 1.39500. Alternatively, if the price fails to hold above the FVG and continues to break lower, we anticipate a bearish continuation toward 1.39000, aligning with the next liquidity pocket. Fundamental Analysis: The U.S. dollar has shown continued strength, driven by hawkish signals from the Federal Reserve. Chair Jerome Powell has indicated a wait-and-see approach regarding rate adjustments, offering no immediate relief through rate cuts. This stance, along with improved geopolitical sentiment following a U.S.–U.K. trade agreement, has bolstered investor confidence in the greenback. In contrast, the Canadian dollar is underperforming due to rising economic headwinds and trade uncertainties. The Bank of Canada has issued caution over prolonged trade tensions, highlighting risks to financial stability and consumer debt. Furthermore, recent Canadian employment data revealed an increase in the unemployment rate from 6.7% to 6.8%, casting further doubt on short-term CAD resilience. 📌 Disclaimer: This is not financial advice. As always, wait for proper confirmation before executing trades. Manage your risk wisely and trade what you see, not what you feel.
Long
by RebornFXTrader
From this point, there is potential for an upward move.Gold (XAUUSD) Analysis Recently, we’ve seen Gold consistently respecting Fair Value Gaps (FVG). Whenever a bullish FVG forms, price tends to just touch it before moving upward. Similarly, when a bearish FVG appears, the market tends to reject from that point. Interestingly, we also observed that the market has cleared previously built liquidity right as it tapped the FVG — including both buy-side and sell-side liquidity. Currently, after dropping from a bearish FVG, price is rebounding from a bullish FVG. From this point, there is potential for an upward move, with a target around $3375. A potential entry zone lies between $3302 and $3280. It's important to watch the market closely and, as always, do your own research (DYOR)!
FOREXCOM:XAUUSDLong
by Peter_Wade
PEPE 1D Harmonic Pattern Setting Up for a Bullish Breakout!Hey traders! I'm spotting a potential bullish setup on #PEPEUSDT — and it’s one worth watching closely. 🔍 Technical Overview: On the 1D time frame, #PEPE is forming a textbook harmonic pattern — still confirming. No bearish divergence or reversal signs spotted so far — momentum remains intact. Key level to watch: B point of the harmonic pattern, acting as strong horizontal resistance. 🎯 Trade Idea: Plan: Wait for a clean breakout above the B-level, followed by a successful retest. If the retest holds as support, I’ll be entering a long position with tight risk management. TP-1: 0.00001292 TP-2: 0.00001647 SL: 0.00000549 ⚠️ Why patience matters: Jumping in too early can expose you to fakeouts. Confirmation = confidence! 💬 What do YOU think? Is #PEPE about to explode or will the resistance hold? Drop your thoughts below! 👇 📈 If you find this helpful, don’t forget to: 👍 Like 💬 Comment 🔁 Share 📌 Follow me for more high-probability setups! Let’s trade smart, not emotional. 💡 #PEPE #CryptoTrading #HarmonicPattern #BreakoutSetup #TechnicalAnalysis #TradingView #CryptoCommunity #Altcoins
Long
by mudusir
Bitcoin Breaks Trendline-Is $109k Next?Technical Analysis: Ascending Channel Pattern The asset is exhibiting an ascending channel pattern, indicative of sustained bullish momentum. Key observations include: - Channel Boundaries: The price has consistently respected the channel's upper and lower boundaries, forming higher highs and higher lows. - Breakout and Retest: Following a strong momentum breakout, the price is potentially retesting a key support level, previously acting as resistance. - Support Zone: If buyers confirm support at this level, it may signal a continuation of the uptrend, targeting the upper boundary of the channel at $109,000. Key Monitoring Points: - Bullish Confirmation Signals: Look for bullish engulfing candles, strong wicks rejecting the support zone, or increased buying volume to confirm long positions. - Risk Management: Failure to hold support could signal a bearish shift, emphasizing the importance of monitoring price action and adjusting strategies accordingly.
BINANCE:BTCUSDLong
by Peter_Wade
1
Dow Futures: Bullish Break in Play as Key Resistance FallsDow futures cleared not only the 200DMA on Thursday but also downtrend resistance dating back to the record highs set in February, suggesting a new trend may now be underway. While the initial rejection at 41787 warrants some caution, with momentum indicators swinging into bullish territory, there’s enough here to consider long setups heading into this weekend’s key trade meeting between the U.S. and China in Switzerland. One idea would be to buy above the 50DMA with a stop below for protection. 41787 is an early hurdle to clear, with a break above opening the path for a potential run towards the 200DMA—that screens as a reasonable target. If the price reverses and closes back below the 50DMA, the bullish bias would be invalidated. Good luck! DS
CBOT_MINI:YM1!Long
by FOREXcom
104.2k was BTC top for a REASON: Golden Covid fib calling itHere we are again testing the ATH levels. This time we got an EXACT hit on the fib. Golden Fibs are always strong as proven. $104,235 (Coinbase) is the exact level $ 95,176 is a possible retrace target. $120,295 is next target if we break out. It is PROBABLE that we Orbit this fib for a while. It is POSSIBLE that we break and run to next fib. It is PLAUSIBLE to be a Lower-High TOP for a while. Please hit the BOOST to encourage more posts. ========================================= Previous Plots below ========================================= $105k top call: 75k Retrace targeted EXACTLY 97.8k Breakout Call =========================================== .
COINBASE:BTCUSD
by EuroMotif
1
GBPUSD InsightHello and welcome, subscribers! Please share your personal opinions in the comments. Don’t forget to like and subscribe! Key Points - A trade agreement has been signed between the United States and the United Kingdom. U.S. President Trump immediately reduced tariffs on 100,000 British-made cars from 25% to 10%, and granted exemptions on tariffs for steel, aluminum, and aircraft parts. The UK agreed to open its market to U.S. machinery, agricultural, and livestock products, committed to purchasing $10 billion worth of Boeing aircraft, and decided to lower the average tariff on U.S. goods from 5.1% to 1.8%. - President Trump commented on the upcoming high-level talks with China this weekend, stating that they "will be substantive and China wants to make a move." - The Bank of England lowered its base interest rate from 4.50% to 4.25%, but with some members favoring holding the rate steady, the move is widely seen as a "hawkish cut." Key Economic Events This Week + May 9: Speech by Bank of England Governor Andrew Bailey GBPUSD Chart Analysis The pair is continuously attempting to break above the previous high at the 1.34000 level but has failed so far, resulting in a pullback. There are two potential scenarios to watch from here: 1. A slight additional decline followed by a rebound at the 1.31500 level, leading to another attempt to break the previous high. 2. A break below the 1.31500 level, shifting momentum to the downside and continuing a mid- to short-term downtrend toward the 1.28500 level. We will monitor the 1.31500 level closely during this short-term decline to assess which of the two scenarios plays out.
Short
by shawntime_academy
SOLANA (SOL/USDT) – Bullish Flag Forming on 4H!Hey traders! #SOLANA is currently consolidating sideways and printing a bullish flag pattern on the 4-hour timeframe – a classic continuation signal after a strong upward move! 🚀 Here's the plan: Wait for a clean breakout above the flag's resistance Enter on the retest of the breakout level to confirm support Apply strict risk management and target the next major resistance zone Watch for increasing volume to validate the move Why this matters? The bullish flag often leads to explosive moves when confirmed properly. Don’t chase the breakout — let price come to you. Patience = profits. 🧘‍♂️ Key Levels & Entry Plan marked on chart Drop your thoughts below – do you agree with this setup or see it differently? Like & Follow for more clean, no-hype trade ideas! #Solana #SOL #CryptoTrading #BullishFlag #TradingView #TechnicalAnalysis #Altcoins #CryptoSetup #BreakoutTrade
Long
by mudusir
XAU.usd watch $3407/18: Key Resistance and end of "Wave B" ?Part of my ongoing analysis of Gold (see below). Per the last plot, we bounced exactly where hoped. We may well be at "Wave B" end point near $3400. This is bears best and last chance to get a lower low. . Last Plot that caught our bounces EXACTLY Previous Plot called the last Dip Entry EXACTLY . I will post updates on this Idea as price action progresses. . Please follow and like, for more EXACT plots to use in your trading. ============================================================== .
OANDA:XAUUSD
by EuroMotif
Helix Energy Stock Chart Fibonacci Analysis 050825Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 6.0/61.80% Chart time frame: D A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress: A A) Keep rising over 61.80% resistance B) 61.80% resistance C) 61.80% support D) Hit the bottom E) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
NYSE:HLX
by fibonacci6180
Upwork Stock Chart Fibonacci Analysis 050825Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 14.6/61.80% Chart time frame: D A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress: A A) Keep rising over 61.80% resistance B) 61.80% resistance C) 61.80% support D) Hit the bottom E) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
NASDAQ:UPWK
by fibonacci6180
The buy low and long strategy is coming！From the 4-hour analysis, the support below is around 3308-3300. If it does not break, the main bullish trend will remain unchanged. The upper side pays attention to the short-term suppression of 3360-66. The daily level stabilizes above this position and continues to maintain the low-multiple rhythm. Gold operation strategy: 1. If gold falls back on the 3325-3320 line, go long, and if it falls back on the 3310-3300 line, it will cover long positions. The target is 3355-3360.
OANDA:XAUUSDLong
by TP_Daniel5
Bullish Airlines Cleared for Altitude!After squinting at the 4H chart like Sherlock with a caffeine addiction, I’ve confirmed: our price broke out of a flag pattern like it was tired of napping. It even did the polite thing—came back to retest—like, “Excuse me, just checking if I actually broke out. Yep. Cool.” Now it’s back on its bullish treadmill, charging uphill like a gym bro after pre-workout. As long as we’re above 3200, this beast might just pump harder than Bitcoin on caffeine and hopium. 🎯 Final destination? 161.80% Fib extension at 3580.22—aka “Mount Take Profit.” Pack snacks. It’s a climb.
OANDA:XAUUSDLong
by SpicyPips
Stock Of The Day / 05.08.25 / ADMA05.08.2025 / NASDAQ:ADMA Fundamentals. Negative earnings report Technical analysis. Daily chart: Pullback on an uptrend. We mark the level of 18.80 formed by the trend break in April 2025. Premarket: Gap Down on moderate volume. Trading session: The downward movement from the opening of the trading session is stopped at the level of 18.80. After the first touch of the level, the price makes a small pullback and forms an accumulation above the level of 19.00. We are considering a long trade in the countertrend in case of holding the level of 19.0. Trading scenario: #rebound from the level of 19.00 Entry: 19.38 when exiting upward from the accumulation above the level. Stop: 18.96 we hide it below the level with a small reserve. Exit: We observe a strong impulse movement without a trend structure. It is optimal to cover such movements in parts upon reaching certain risk-rewards targets (1/3, 1/4, etc.) with subsequent tightening of the stop. Cover the last part of the position at a price of 21.36 upon the appearance of a reversal candlestick pattern. Risk Rewards: 1/4 P.S. In order to understand the idea of the Stock Of The Day analysis, please read the following information .
NASDAQ:ADMALong
by AlexX31
OSZAR »