If it does not bounce today and rise from the resistance, it will fall in a Wolf pattern, but if the RSI exceeds the resistance, I think it will succeed. I would like to share with you, my friends, successful trading.
1- Bearish Divergence on RSI. 2- Rising Trendline Breakout. 3- Price has also broken below Support Zone which had been Resistance in the past. 4- Therefore, we can expect a pullback followed by further continuation to the downside.
OANDA:AUDJPY can definitely sell off to the 93.250 area. Daily double top, daily 61.8% retracement and H1 support broken. I'd look for price to make another LH before entering sells.
In this FX market preview I go into recapping the EUR/USD, GBP/USD and USD/JPY price action last week and what I'm looking at for this week. I also take a look at ETF's QQQE and Nvidia opportunities. I continue to hold my EUR/USD short positions while keeping a strong eye on 1.0860 and then 1.0900. I feel these areas are important for the bears to hold the line if we're going to continue the slide down. NFP in focus this week as well as Trump Tariffs. As always, Good Luck & Trade Safe.
https://www.tradingview.com/x/dAW6IXPR/ Analysis Bias: Bullish with caution Market Structure: The EUR/USD pair is currently trading at 1.0821, showing bullish price action in the most recent days after a period of decline. Looking at the 4-hour chart, we see a strong upward move in early March followed by a correction and consolidation phase. The price is now attempting to form higher lows after reaching a recent bottom at around 1.0740. On the 1-hour chart, the price has formed a series of higher lows over the past 2 days, suggesting some bullish momentum building. However, the overall structure shows range-bound movement between approximately 1.0740 and 1.0850. The 15-minute chart confirms the short-term bullish bias with recent candles making higher highs and higher lows. Key Levels: Resistance: 1.0850 (recent swing high) Support: 1.0740 (recent swing low) Immediate resistance: 1.0830 Trade Setup Entry: Limit order at 1.0800 (pullback to retest broken minor resistance) Stop Loss: 1.0765 (35 pips below entry, below recent structure low) Take Profit (TP): 1.0850 (previous resistance level) Extended Take Profit (TP2): 1.0900 (psychological level) Order Type: Limit order Rationale: The market is showing signs of bullish momentum, but we want to wait for a pullback to a better entry price rather than chasing the current move. The 1.0800 level has acted as both support and resistance in recent price action. A pullback to this area would provide a better risk-to-reward ratio. If no pullback occurs and price continues upward, consider an alternative entry on a clean break and retest of the 1.0850 resistance level, with stop loss 35 pips below that entry point. Alternative Scenario: If price breaks below 1.0740 convincingly, the bullish bias would be invalidated, and a bearish setup could emerge. In this case, wait for a potential short opportunity after a retest of the broken level.
https://www.tradingview.com/x/ccGLsAmy/ ✅GBP_CHF is trading along the rising support And as the pair will soon retest it I am expecting the price to go up To retest the supply levels above at 1.1413 LONG? ✅Like and subscribe to never miss a new idea!✅ Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
NZDUSD Pair and border train for the US Dollar the price has consoling and strengthen which excreter pressure on the fore market overall that's has typically behaviour on the market when the the dollar against strength. the local correction price will pullback or retracement against the prevailing trend which is the case by the weaker USD. Resistance Zone 0.57500 Support Zone 0.56400 / 0.56000 As always fallow your trading plan regarding risk management and trade management.
There are 3 possible scenarios for Monday Trade 1 Sells: if 15 min candle rejects 3086-3084 than Sell with Tp at 3076. Trade 2 Buys: if min candle rejects 3073.50-3076 than Buy with Tp at 3084. Trade 3 Buys: if bullish trend continues in Asia than I’m expecting new Ath so if 15 min candle 3086 than Buy at retest with TP at 3092.50.
75% Wick candle. Buy in an uptrend. SL 1.1 Deviation of candle hi to lo Entry on open of the last candle (set limit order, for retest) TP up for debate
BTC at a significant fib cluster going into Sunday evening. Bulls must hold 82k til Monday US open for a hopeful bounce. Bears will try to snap it and cascade down towards 80k then 75k. ======================================================== .