Downloading...
Download

Support and Resistance

Bitcoin Wave Analysis – 16 July 2025- Bitcoin reversed from a support area - Likely to rise to resistance level 122770.00 Bitcoin cryptocurrency recently reversed up from the support area located between the key support level 115000.00 and the support trendline of the daily up channel from June. This support area was further strengthened by the 38.2% Fibonacci correction of the sharp upward impulse from July. Given the clear daily uptrend and the strongly bullish sentiment seen across cryptocurrency markets today, Bitcoin cryptocurrency can be expected to rise to the next resistance level 122770.00 (top of the previous impulse wave i).
Long
by FxProGlobal
Ethereum Wave Analysis – 16 July 2025 Ethereum: ⬆️ Buy - Ethereum broke resistance area - Likely to rise to resistance level 3400.00 Ethereum cryptocurrency recently broke the resistance area located at the intersection of the resistance level 3200.00 and the resistance trendline of the daily up channel from May. The breakout of this resistance area should accelerate both of the active impulse waves 3 and (3). Given the clear daily uptrend, Ethereum cryptocurrency can be expected to rise to the next resistance level 3400.00 (which reversed Ethereum multiple times in January).
Long
by FxProGlobal
3325–3315: Potential Bullish Reversal ZoneGold maintained a volatile trend today, but the highest intraday price only touched 3343. Overall, gold is still weak, but the bulls have not completely given up, and there is still a certain amount of energy, which limits the retracement space of gold. The current short-term support is in the 3325-3315 area. If gold cannot fall below this area in such a weak situation, the market may reach a consensus that 3325-3315 is the support area, thereby attracting a large amount of buying funds to flow into the gold market, thereby boosting gold to regain the bullish trend again and is expected to hit the 3350-3360 area. So for short-term trading, I currently prefer to start long gold with the 3325-3315 area as support, first expecting gold to recover some of its lost ground and return to the 3350-3360 area!
OANDA:XAUUSDLong
by Trading_Steffen
BTC Bull Flag Target Hit Is $150K Now on the Table?Bitcoin continues to deliver with precision. If you’ve been following the structure, this breakout is no surprise. We had a textbook bullish flag setup earlier in the cycle clean pole, sideways consolidation, and a sharp breakout. That initial flag target has now been achieved. But here’s where it gets interesting: price didn’t just hit the flag projection it shows a good potential for a test towards the projected supply zone just beneath $128K. A short-term rejection here is completely normal and even healthy. The current pullback appears corrective, and the $115K–$111K region (our immediate buy-back zone) remains a critical area to watch for a potential base. The structure so far has respected its levels cleanly. The pole projection landed almost perfectly, which builds confidence in how this setup is unfolding. A retest of the demand block offers a decent long opportunity, especially with trendline confluence and horizontal support lining up in that zone. If BTC continues to respect the broader trend and finds strength off this pullback, the path toward $128k, $141K and even $150K remains valid. Those targets are measured extensions based on the original flag pole, and given how price is behaving, they’re not unrealistic. Momentum is strong, but rallies like this often pause before the next move. I’ll be watching how price behaves if it dips into the demand zone. Clean volume and rejection candles there could offer solid re-entry setups for the next leg higher. Are you riding this wave, trimming profits, or waiting for the dip reload? Drop your thoughts below. Let’s see how everyone’s navigating this phase. 📌 Follow for more clean, structured setups no hype, just charts.
INDEX:BTCUSDLong
by weslad
17
Bitcoin - Reversal Setup or Just a Trap Reset?Price faked below the 1H support zone around 115,800, triggering a clean run through resting sell stops. This classic liquidity sweep flushed out early long positions before immediately reclaiming the range. The move aggressively filled a prior imbalance and flipped sentiment just when it seemed the trend might break lower. The quick rejection and recovery from this level suggests smart money accumulation beneath support. Formation of a 1H Inversion Fair Value Gap The rebound from the liquidity grab printed a bullish 1H inversion FVG, now acting as a potential launchpad for continuation. This FVG coincides with the same zone that was previously support, now carrying added confluence. As long as price remains above this gap, the reaction shows bullish intent, with buyers reclaiming initiative after a shakeout. Trend Shift Trigger and Invalidation Level The current structure remains technically bearish until we break above the marked 1H high at 118,400. That level is the structure shift trigger. A decisive close above it would confirm a market structure shift and open the door to a broader bullish continuation. However, failure to close above this high would invalidate the setup and suggest that the move from support was just a temporary retracement rather than a full reversal. Upside Targets and Continuation Outlook If we get the bullish break above 118,400, I’m looking for price to reach Target 1 near 120,400, followed by Target 2 around the unmitigated FVG at 122,200. These levels align with clean inefficiencies that are likely to get filled if the market gains momentum. With enough volume behind the breakout, BTC could push into ATH territory above 123K as part of a larger macro expansion. Volume and Higher Timeframe Context Volume is the final key piece. We need strong follow-through above 118,400 for the setup to remain valid. Weak rejection or consolidation below that red line would signal distribution and potential failure. On the higher timeframes, BTC still looks constructive, but the 1H structure must confirm by breaking higher, or the broader bullish case will need to be re-evaluated. Conclusion BTC swept 1H support, ran stops, and printed a bullish inversion FVG. A break and close above 118,400 would confirm trend reversal and initiate a move toward 120,400 and 122,200. If we fail to close above that level, this setup is invalidated and the range could continue or break lower. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ___________________________________ Thanks for your support! If you found this idea helpful or learned something new, drop a like 👍 and leave a comment, I’d love to hear your thoughts! 🚀
TRADENATION:BTCUSD
by TehThomas
52
The high probability intraday trading strategy for gold is here!After gold fell below 3341 yesterday, the highest point of the rebound was around 3350-52. Today, we are long at 3320-25, and the target of 3340-45 has been reached. We continue to pay attention to the short-term suppression of 3340-45, but the overall rebound strength is limited. The 3340-45 point fell back several times last Friday, and it is now broken again. Therefore, we can participate in the short position at 3340-3345 in advance. Gold rebounded at 3322 today. Technically, it needs to rebound and repair when it falls back to 3316-20, so we can look for opportunities to go long below to seize the profit space of the rebound. From the 4-hour analysis, the short-term pressure above is around 3340-3345, and the current focus is on the support of the middle track 3310 at the hourly level. If the gold price can effectively hold the 3310 area, it is expected to bottom out and rebound and test the intraday high, but the upper rail resistance of the 3345 channel is strong, and it may still fall under pressure when it is touched, and the range shock judgment will be maintained at that time. In terms of operation, if you hold this support, you can consider light positions to try short-term longs, and pay attention to the short-term support of 3320-3315 below. Relying on this range to maintain the main tone of high-altitude low-multiple cycles during the day, the middle position is always more watchful and less active, cautiously chasing orders, and patiently waiting for key points to enter the market. I will prompt more specific operation strategies at the bottom, and pay attention in time. Gold operation strategy: Gold falls back to the 3322-3317 line to go long, the target is 3335-40 line, and continue to hold if it breaks.
OANDA:XAUUSDLong
by Trade-Daniel
Hidden Support on RIG: Next Big Move?🔹 Trade Summary Setup: Price pulling back to ascending trendline support Testing major support near $2.58 Analyst 1-year target: $3.76 Entry: Above today's high of $2.64 (on confirmation of bounce from trendline) Stop-loss: Below $2.40 (clear break of trendline) Targets: $3.76 (analyst price target / major resistance) Risk/Reward: Approx. 1:4 (risking ~$0.25 for ~$1.10 gain) 🔹 Technical Rationale 🔹 Ascending trendline holding as key support since April 🔹 Oversold bounce potential at this zone 🔹 Daily timeframe shows structure for a trend reversal if support holds 🔹 Catalysts & Context 🏦 Strong analyst “Buy” rating; 1-year target at $3.76 (+45%) 🛢️ Oil sector volatility—any rally could boost offshore drillers 🌍 Macro: Global energy demand headlines could trigger momentum 🔹 Trade Management Plan Entry: Wait for daily close above $2.65 to confirm support Stop-loss: Move to breakeven if price closes above $3.00 Scaling: Trim partial at $3.20, rest at $3.76 (analyst target) What’s your view? Are you watching NYSE:RIG ? Comment below: 🔼 Bullish 🔽 Bearish 🔄 Waiting for confirmation 🔹 Disclaimer Not financial advice. Trade at your own risk. *** Don't forget to follow us for more trade setups ***
NYSE:RIGLong
by NinjaCodeSolutions
Nifty Analysis EOD – July 16, 2025 – Wednesday🟢 Nifty Analysis EOD – July 16, 2025 – Wednesday 🔴 "Bounce Back with Caution: Bulls Show Up, But Still Not in Full Control" Nifty started the day on a flat note, but the opening candle turned out to be the day’s high, and from there, it quickly lost 91 points, marking the day’s low at 25,121 within the first hour. The early pressure gave a bearish opening tone, but bulls gradually stepped in. Around 11:45 AM, Nifty broke above the VWAP–Day Low range, crossed the CPR zone, and then pushed toward PDH. It did make one attempt to break PDH, but failed, resulting in a slow drift downward toward VWAP and CPR into the close. The day ended at 25,212.05, nearly at CPR — a zone of indecision. 📉 The structure shows sharp reversal from the lows, but also clear hesitation near resistance zones. The session was volatile, forming a typical pre-expiry pattern with mixed sentiment. Bulls must take charge tomorrow by crossing the 25,250–25,260 zone to regain strength. 🕯 5 Min Time Frame Chart with Intraday Levels 🕯 Daily Time Frame Chart with Intraday Levels 🕯 Daily Candle Breakdown Open: 25,196.60 High: 25,255.30 Low: 25,121.05 Close: 25,212.05 Change: +16.25 (+0.06%) 📊 Candle Structure Breakdown Real Body: 15.45 points → small green body Upper Wick: 43.25 points Lower Wick: 75.55 points → significant downside recovery 🔍 Interpretation Market opened flat, dropped quickly to test 25,120 zone Strong buying emerged after initial fall Buyers lifted the index above CPR, but failed to hold breakout above PDH Candle closes with long lower wick → buyers defended dip, but lacked closing dominance 🕯 Candle TypeSpinning Top with Long Lower Wick — often a neutral to mildly bullish candle, suggesting buying interest at lower levels, but with uncertain momentum. 📌 Key Insight Bulls clearly defended the 25,120–25,125 support zone Momentum will only resume above 25,250–25,260, leading to targets around 25,300–25,315 Failure to hold 25,120 could reopen downside toward 25,000–25,050 🛡 5 Min Intraday Chart ⚔️ Gladiator Strategy Update ATR: 180.99 IB Range: 91.20 → Medium IB Market Structure: 🟡 Balanced Trades Triggered 11:34 AM – Long Trade → ✅ Target Achieved, Trailed SL Hit (R:R 1:2.42) 📌 Support & Resistance Zones Resistance Levels 25,168 25,180 ~ 25,212 25,260 25,295 ~ 25,315 Support Levels 25,125 25,080 ~ 25,060 25,000 ~ 24,980 24,965 💭 Final Thoughts “Structure is forming — but conviction is lacking. Let expiry day bring clarity. Above 25,260 we fly, below 25,120 we fall.” ✏️ Disclaimer This is just my personal viewpoint. Always consult your financial advisor before taking any action.
NSE:NIFTY
by kzatakia
THERMAX-- BULLISH VIEW - EDUCATIONAL PURPOSE Consolidation noticed near trendline support zone Bounce back is expected and stock is expected to move in upward direction in next 3-4 years STOPLOSS : weekly closing below 2935 (-19%) TARGET 1 - 5817 (60%) ( 24 months) ( previous high--resistance zone) --till July 2027 TARGET 2 - 8511 (135%) (48-60 months) (Fibo extension)--till December 2029 RISK REWARD RATIO For target1 = 1:3.2 For target 2 = 1:7.2 Risk reward ratio looks highly favorable for investment purpose. Its a purely long term investment view with time horizon of 4-5 years, not for trading purpose
NSE:THERMAXLong
by mgvirus1
EURUSD: Sell Opportunity after Trendline breakEURUSD was in a steep uptrend but it might stop with this recent break through the uptrend. A break like this one on a strong trendline that had multiple touches, indicates either a potential reversal or major pause in the trend. This candle that broke the trendline signals the first hint of structural change. I will be waiting for a retest and look to get involved in a short setup. Ideally, what I look for in retests is to be met with a confirming candle. This would confirm the sellers have taken over and validate the change from uptrend to potential downtrend or consolidation phase. My target would be around 1.1500. Just sharing my thoughts for the charts, this isn’t financial advice. Always confirm your setups and manage your risk properly. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis .
Long
by TrendDiva
56
GBPUSD – Levels, Adjustments, and Scenario PlanningAs mentioned in our pinned analysis, we had two levels on GBPUSD — ✅ Both of them were broken. 📉 After the break of the first level, we shorted the pullback and took a great profit. 📍 Now after the second level has also broken, I’ve adjusted the level slightly — There’s a chance price retraces to 1.35774 before continuing its drop. 🟢 Below, there’s a solid buy zone. 🔁 My Updated Scenarios: ✅ If price pulls back to the short level before hitting the buy zone → I’ll take the short. ⚠️ But if price touches the buy zone first, then any short afterward will just be partial or used for pyramiding — not a major trade. Let’s stay patient and let the market tell us what to do. 📌 All previous scenarios are still valid.
by ForexCSP
4
EURCAD – Two Key Levels, One Solid PlanOn this pair, we have two important levels: 🟡 The first level might act as a trap (stop hunting). So don’t rush to buy — wait for confirmation. 🟢 The second level offers a safer buy opportunity. As always, our plan stays firm — we don’t tell the market what to do, we follow it. 🔻 If a clean break and valid pullback occurs on the first level, a short trade toward the lower level is possible. ⚠️ This pullback short scenario is only valid until price reaches the lower level. If price hits the lower level and starts moving up, any short position becomes much riskier. Discipline > Prediction.
Long
by ForexCSP
Gold – Bullish Structure Still Intact, but Bears are Knocking📉 What happened yesterday? As expected, XAUUSD made another leg down, breaking even below my buy zone (3330–3335) and hitting a low at 3320. From there, we’re now seeing a modest rebound, with gold trading around 3333 at the time of writing. 📌 Current position: I'm currently holding a long position. It hovers around break-even – fluctuating between small gains and small losses. Nothing solid yet. ❓ Key question: Was this just a deep pullback within a bullish structure… or the beginning of a deeper trend reversal? 🔍 Why bulls still have a case: • Price prints higher lows – bullish structure technically remains intact • A clean break above 3350 would show short-term strength • A confirmed break above 3375 would activate a bullish ascending triangle → targeting the 3450 zone ⚠️ But here's the concern: • Yesterday’s dip to 3330 happened during the New York session (strong volume) • The bounce from 3320 has been weak, with no follow-through • Daily candle closed near the lows, showing a long upper wick → a classic bearish signal • The confluence support now lies at 3310–3320. A red daily candle closing in this area could mean the medium-term trend is flipping 🎯 My trading plan: Although I'm still holding my buy, if bulls don’t recover 3350 quickly, I will consider closing early. The break of 3310 would shift my bias bearish. ________________________________________ 📌 Conclusion: We’re in a critical zone. The bullish structure isn’t broken yet, but yesterday’s action was not encouraging. If buyers fail to reclaim control soon, the market may be preparing for a deeper correction. Stay sharp. 🚀 Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
TRADENATION:XAUUSD
by Mihai_Iacob
24
Gold Roadmap: Next Stop $3,325 After Ascending Channel Break?Gold ( OANDA:XAUUSD ) failed to touch the Potential Reversal Zone(PRZ) in the previous idea , and I took the position at $3,351 = Risk-free. Gold is moving in the Resistance zone($3,366-$3,394) and has managed to break the lower line of the ascending channel . In terms of Elliott Wave theory , with the break of the lower line of the ascending channel, it seems that gold has completed the Zigzag correction(ABC/5-3-5) . I expect Gold to trend downward in the coming hours and succeed in breaking the Support zone($3,350-$3,325) and attacking the Support line again , and probably succeeding in breaking this line this time. Note: Stop Loss (SL) = $3,396 Gold Analyze (XAUUSD), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅ ' like ' ✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDShort
by pejman_zwin
26
Ethereum $ETH – Perfect Accumulation to Rally Move! 🔸 Ethereum CRYPTOCAP:ETH – Perfect Accumulation to Rally Move! ETH perfectly hit our long-term buying zone between $1,900 – $1,500, where we accumulated heavily. This range once again acted as a strong demand zone and launchpad. 🔸 Target: $4,000 – $4,500 After hitting our buying range, ETH has now rallied to $3,250 — showing strong bullish momentum. If price continues to hold above $3,000, the next target zone is $4,000 – $4,500. 🔸 Risk Level: Any breakdown below $2,200 would weaken the structure and shift the bullish outlook. This is our invalidation level on a higher time frame. 🔸 Outlook: Partial profit-taking around $3,200 – $3,500 zone Hold remaining positions for $4,000+ targets Use $2,900 – $3,100 zone for fresh or re-entries on dips Maintain tight stop loss under $2,200 if adding new exposure
BITSTAMP:ETHUSDLong
by CryptoSkullSignal