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Support and Resistance

Brent crude oil Wave Analysis – 10 June 2025 - Brent crude oil reversed from key resistance level 67.80 - Likely to fall to support level 64.60. Brent crude oil recently reversed down from the resistance area between the key resistance level 67.80 (which stopped wave (2) in the middle of April), upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward impulse from January. The downward reversal from this resistance area stopped the previous short-term ABC correction 2 from the start of May. Given the strong daily downtrend, Brent crude oil can be expected to fall to the next support level 64.60.
OANDA:BCOUSDShort
by FxProGlobal
EURAUD to find buyers at previous swing lows?EURAUD - 24h expiry The primary trend remains bullish. Price action looks to be forming a bottom. Preferred trade is to buy on dips. The selloff has posted an exhaustion count on the daily chart. Bespoke support is located at 1.7490. We look to Buy at 1.7490 (stop at 1.7460) Our profit targets will be 1.7580 and 1.7600 Resistance: 1.7580 / 1.7610 / 1.7650 Support: 1.7500 / 1.7465 / 1.7430 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
Gold fluctuates repeatedly and opportunities emerge.Gold bottomed out in the Asian session and rebounded to break through the opening of the decline. The European session continued to break through yesterday's high. The US session continued to break through the key pressure position of 3335-3345, and walked out of the standard strong cycle. After the break, it is necessary to change the thinking and follow the trend to be bullish. Pay attention to the support below 3315-3325. In terms of operation, it is mainly long when it falls back. The upper side gradually looks to 3352 and 3365. If the pressure is not broken, look at the falling space! Operation suggestion: Go long when gold falls back to 3325-3315, and look at 3338 and 3352! If the pressure above 3352 and 3365 is not broken, you can short! The recent trading strategy ideas are all realized, and all the points are predicted accurately. If your current gold operation is not ideal, I hope I can help you avoid detours in your investment. Welcome to communicate with us!
OANDA:XAUUSDLong
by TP_Daniel5
Is BNB About to Explode—or About to Collapse?Yello Paradisers! Could this be the beginning of the next BNB rally, or just another classic trap to liquidate early longs before the real move begins? Let’s dive into this high-probability setup before it’s too late. 💎BNBUSDT is currently showing good signs of bullish continuation. The price has successfully broken out of a descending channel and performed a precise retest of that structure—an early confirmation of strength. Following this, we’ve seen a strong reaction from a Fair Value Gap (FVG) and the 200 EMA, both of which align perfectly with the inducement taken just before the bounce. This confluence of technical signals significantly increases the probability of a sustained bullish move in the near term. 💎If price pulls back from current levels, it could offer us a more attractive risk-to-reward opportunity for long entries. Traders who are targeting higher RR ratios, such as 1:2 or beyond, may prefer to wait for a deeper pullback into our predefined support zone for a cleaner entry. This zone remains critical for maintaining our bullish bias. 💎However, if the price breaks down and we see a full candle close below that support zone, the entire bullish scenario becomes invalid. In such a case, it would be more prudent to stay on the sidelines and wait for a clearer and more favorable price action setup to emerge before jumping back in. We are playing it safe right now. If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
4
AXSUSDT Analysis AXS is showing signs of a potential breakout after breaking the descending trendline and reclaiming the 50 EMA. Price is currently testing a key resistance zone between 2.62–2.80 USDT. 🟦 Key Levels: Support: 2.50 – 2.46 USDT Resistance: 2.62 – 2.80 USDT 🔀 Two Possible Scenarios: ✅ Bullish: Price holds above support and breaks through 2.80 → potential rally toward 3.00+ ❌ Bearish: Rejection from resistance → retest of support around 2.50 → possible breakdown if support fails 🔄 Waiting for a confirmed retest or breakout for the next move. 📊 Plan your trades, manage your risk. #AXS #AxieInfinity #CryptoTrading #TA #Altcoins #TradingView #PriceAction #BreakoutSetup
Long
by yassoo-x2
QCOM: Identifying Key Levels for a Potential Bullish ReversalOverview: The chart for QCOM displays significant price action over the past year-plus, marked by a strong uptrend followed by a substantial correction/consolidation phase. Your drawings highlight critical demand and supply zones, and a potential bullish trade setup. Historical Price Action (Light Blue Zigzag): Early 2023 - Mid 2024: Price moved from lows around 100-110, forming a clear impulse wave that rallied aggressively, peaking around $230 in May 2024. This established a strong bullish trend. Mid 2024 - Early 2025: Following the peak, QCOM entered a significant correction, characterized by a series of lower highs and lower lows, bringing the price back down towards the 120-130 range. This period also saw the price repeatedly reject from an overhead supply zone (dark red rectangle). Early 2025 - Current: The price found strong demand again in the 120=125 area, leading to a bounce. The current price action indicates a potential reversal attempt, trying to establish a new uptrend by overcoming recent resistance. Key Zones Identified: Major Demand Zone (Lower Green Rectangle): Price Range: Approximately $110 - $125 Interpretation: This is a crucial support area where significant buying interest emerged, causing the price to reverse multiple times. It represents a strong floor for QCOM, acting as a major accumulation zone. Major Supply/Resistance Zone (Upper Dark Red Rectangle): Price Range: Approximately $170 - $178 Interpretation: This zone has consistently acted as strong resistance, with sellers stepping in to push the price down whenever it reached these levels. Overcoming this zone would be a significant bullish signal, indicating a potential shift in market structure. Current Demand/Entry Zone (Upper Green Rectangle): Price Range: Approximately $155 - $162 Interpretation: The price has recently shown support in this area, bouncing from the lows seen in May 2025. This zone is being targeted as a potential entry point for a new long position. The dashed horizontal line at $159.12 marks the current price or proposed entry level. Proposed Trade Setup (Right Side Box): Your chart outlines a potential bullish trade with clear entry, stop-loss, and target levels: Entry Price: Above 162. This suggests buying into the current strength after bouncing from recent lows. Stop Loss (Lower Red Rectangle): Level: $151.51 (bottom of the smaller red box). Interpretation: Placing the stop loss below the immediate support of the upper green demand zone (and potentially below a previous swing low) indicates that if the price falls below this level, the bullish thesis is invalidated, and it's prudent to exit the trade to limit losses. Main Target (Light Blue Dotted Rectangle): Level: $182.63 Interpretation: This is the ultimate profit target, suggesting a potential move back towards, or even slightly above, the major supply zone (dark red rectangle). This target implies a successful breakout from the recent consolidation and a challenge of prior highs. The dotted line illustrates the projected path towards this target. Risk/Reward: 1:3 Conclusion: QCOM is currently situated within a key demand zone after a significant correction. The setup suggests a potential bullish reversal with a defined entry, stop loss, and attractive risk-reward profile targeting a retest of higher resistance levels. Traders should monitor price action carefully for confirmation of strength within the current demand zone and watch for a decisive break above the major supply zone for sustained upside. Disclaimer: The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.
NASDAQ:QCOMLong
by ManiMarkets
XRP Is Quiet—But This Calm Is Deceptive!Yello Paradisers—have you noticed how #XRP isn't on anyone’s radar right now? It’s not trending, no one’s hyping it, and to many, it’s just another slow mover. But here’s the thing: this type of silence often comes before the real storm, and the technical are quietly lining up. 💎#XRPUSDT is seeing now a period of consolidation The 1D bullish trend structure has been broken, and since then, price has entered into a tightening consolidation phase. While this may seem like indecision, it’s more likely a preparation for a potential high-probability upside expansion. 💎Price is now hovering just above the 0.786 Fibonacci level (~$2.25), which has started acting as a soft support. This is not a level to blindly trust, but one to monitor for reactions. If price manages to hold here, the next high-probability target lies at the short-term resistance around $2.5917, followed by major resistance at $2.9480, which aligns with a broader liquidity zone. 💎One key factor to keep in mind: the descending trendline liquidity has not been swept for a long time. That uncollected liquidity still sits just overhead, and markets usually don’t leave such inefficiencies behind forever. A spike toward that zone becomes increasingly probable the longer we range here. 💎At the same time, the MTF EMA on the daily chart is acting as a soft dynamic resistance, pushing the price down gradually. This setup increases the probability that we may see another touch of the 0.786 level. If that fails to hold decisively, the next likely area of interest will be the major support zone around $2.00. 💎Still, that major support remains unbroken and continues to act as a probability-backed structure for potential bullish defense. Until we get a clean daily candle close below $1.791 (invalidation level), this entire zone remains technically favorable for a potential reversal or liquidity sweep to the upside. We are playing it safe right now, Paradisers. If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
6
AERODROME About to Defy Gravity? One Final Obstacle!Yello Paradisers — did you catch this developing setup in real-time on #AERO? After calling the completion of the higher-degree Elliott Wave 1 structure followed by an ABC correction, the chart is now flashing a high-probability opportunity — but only if a key resistance gets flipped in the coming sessions. 💎#AEROUSDT appears to have just wrapped up with point C printing a strong bounce from the R/S level, a zone that previously acted as a powerful base during the earlier markup phase. 💎The impulsive 5-wave structure clearly marked the first leg of strength, topping out perfectly in confluence with standard wave theory. What followed was a clean and controlled ABC correction. 💎Price action is currently pressing up against a well-defined resistance, which is not just horizontal but also perfectly aligned with the dynamic MTF EMAs — creating a confluence rejection zone. These moving averages have been compressing into the structure, adding weight to this level as a final barrier before a breakout scenario can unfold. 💎What we are now watching is simple: if we get a confirmed candle closing above the current resistance range, it would be a textbook continuation signal. That close would signal a probable structural shift — a break away from the corrective phase and the beginning of a new leg toward higher resistance levels around the 0.754 to 0.792 zone. 💎Until then, caution is critical. Any weakness or failure to close above resistance would imply the pair is not ready yet. Worse, a candle closing below the 0.446 invalidation level will confirm that the bulls are not yet in control and a deeper move is likely before a real reversal emerges. 💎This setup is not one to force — but it's certainly one to track closely. Everything is aligned for a breakout, but we do not front-run resistance in uncertain zones. That’s where most get chopped up. Confirmation is key, and when the market gives it, we act with full conviction. This is exactly how Paradisers operate. We wait. We confirm. We execute only when all pieces align. No guessing, no emotional decisions — just disciplined, high-probability trading. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
AVAX About to Nuke Longs Before Pumping to $30?Yello Paradisers — are you prepared for the next major #AVAX move, or will you once again fall into the trap smart money is setting right now? The chart is screaming probable bullish continuation, but not before one final trick to flush out weak hands. We warned you before — and now the game is unfolding exactly as expected. 💎#AVAXUSDT has clearly broken market structure by forming a higher high, confirming a potential trend shift. However, price failed to close above the 25.82–26.93 resistance zone, leaving the bullish breakout unconfirmed. This hesitation right at a critical level increases the probability of a fakeout or liquidity sweep before any continuation. 💎Right now, we are hovering just above the ascending trendline, and based on current structure, the most probable scenario is a sweep of that trendline liquidity, grabbing stops from impatient longs before the market forms a clean higher low and reverses aggressively to the upside. 💎The green zone around 22.00–23.00, which previously acted as resistance, has now flipped to support. As long as price holds above this level, the bullish probability remains dominant. However, if we see a temporary dip below the trendline toward the 19.08 region, where support lies, that would likely be a classic liquidity hunt — designed to trigger fear, force early exits, and then reverse powerfully into the next leg. 💎And while both scenarios favor upside, it is the path of maximum frustration — likely a wick into 19.00 — that has historically proven most probable before larger breakouts. 💎A sustained move above the 26.93 level, especially on a daily candle close, would significantly increase the probability of continuation toward the major resistance between 30.00 and 30.74. This zone remains the main upside target in the short to mid-term. 💎On the other hand, if price closes below 16.67, that would invalidate this bullish outlook and open the door to deeper downside. Until then, structure remains bullish, and the higher-probability outcome still favors upside after a potential short-term shakeout. This is the point where the weak hands get shaken out and smart money reloads, Paradisers. If you're aiming for long-term success, wait for high-probability setups and protect your capital. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
2
XAUUSD:Sharing of the Latest Trading StrategyAll the trading signals today have resulted in profits!!! Check it!!!👉👉👉 The 4-hour chart still shows a bearish configuration with MACD in a sustained death cross, displaying no signs of reversal. Gold’s decline may have further room. During the US session, gold rebounded to near 3349 but fell again, remaining pressured by moving average resistance. The overall trend remains range-bound. Awaiting the CPI data release, price is likely to maintain a sideways trend before the announcement. Monitor overhead resistance at the 3350–3360 zone. Continue to short on rebounds as long as resistance holds. Trading Strategy: Sell@3350-3340 TP:3300-3280 Share accurate trading signals daily—transform your life starting now! 👇 👇 👇 Obtain signals👉👉👉
OANDA:XAUUSDShort
by MonicaLongman
Broadcom Dips After EarningsBroadcom is pulling back after reporting quarterly results, and potential buyers may be waiting. The first pattern on today’s chart is the price zone between the late-May weekly low of $221.60 and the February high of $237.93. This may be an initial area where traders look for support. Second, the 21-day exponential moving average (EMA) is approaching from below. That may suggest the chip stock’s short-term trend is still bullish. Third, Wilder’s Relative Strength Index (RSI) is dipping from an overbought condition. A reading closer to the midpoint around 50 could potentially satisfy investors worried about chasing. Finally, AVGO is an active underlier in the options market. (Its average daily volume is about 240,000 contracts in the last month.) That could make it easier for traders to take positions with calls and puts. Check out TradingView's The Leap competition sponsored by TradeStation. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. Options trading is not suitable for all investors. Your TradeStation Securities’ account application to trade options will be considered and approved or disapproved based on all relevant factors, including your trading experience. See www.TradeStation.com . Visit www.TradeStation.com for full details on the costs and fees associated with options. Margin trading involves risks, and it is important that you fully understand those risks before trading on margin. The Margin Disclosure Statement outlines many of those risks, including that you can lose more funds than you deposit in your margin account; your brokerage firm can force the sale of securities in your account; your brokerage firm can sell your securities without contacting you; and you are not entitled to an extension of time on a margin call. Review the Margin Disclosure Statement at www.TradeStation.com . TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NASDAQ:AVGO
by TradeStation
Gold rebounds and repairs, is it a shock or a bull market?📰 Impact of news: 1. Geopolitical situation 2. Impact of the US dollar trend on gold 📈 Market analysis: At the gold hourly level, after the pressure in the Asian session in the morning, it directly fell to the vicinity of 3302. The big Yin effectively lost the lower track of the descending flag consolidation channel. The original 3318 line was the confirmation of the channel counter-pressure point, which happened to be the 61.8% split resistance level at that time. At the same time, it lost the middle track. Therefore, we gave a trading idea of ​​looking at the rebound under pressure and continuing to decline in the European session. As a result, the market directly took a V-shaped wash-up and once pulled up to the vicinity of 3342. The European session fluctuated strongly and rose. Before and after the US session, it took advantage of the retracement to lure the short position, and there is still the possibility of a second pull-up space. Therefore, in the subsequent retracement support level, pay attention to two positions, one is 3322-3324, and the other is the 61.8% division support level of 3318. If it stabilizes, there is a high probability that there will be a second upward space, pointing to 3348. If the pressure here cannot be overcome, the bottom will continue to oscillate back and forth. At that time, it will fall back to see if a secondary low point can be formed to further stabilize the support. If it goes straight through and stands on it, 3293 may already be the short-term low. On the whole, I still hold short orders before the effective breakthrough of 3345, but at the same time, as the gold price rebounds and moves upward, the short-term support level is temporarily expected to be 3325-3320. 🏅 Trading strategies: SELL 3335-3345 TP 3325-3315 BUY 3325-3330 TP 3350-3360 If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices. TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD OANDA:XAUUSD
OANDA:XAUUSDLong
by AllenBoswell-2
PCG | Potential Reversal Zone at LT Support + Breakdown Retest📍 Ticker: NYSE:PCG (Pacific Gas & Electric Co.) 📆 Timeframe: 1W (Weekly) 💡 Pattern: Head and Shoulders Breakdown → Testing Key Support 📉 Price: $14.79 (as of last candle close) 📊 Volume: 87M 📉 RSI: 32.92 (approaching oversold) 🔍 Technical Setup: A Head and Shoulders top has completed, with price breaking down below the neckline. However, PCG is now approaching a major confluence zone: ✅ Multi-year ascending trendline support (dating back to 2020) ✅ Previous horizontal support from 2022–2023 ✅ RSI nearing oversold (32.9) — potential for bullish divergence ✅ Volume spike on breakdown — possible capitulation The blue zone marks a potential retest area. If price holds and forms a reversal candle here, a bounce toward $16–$17 is possible (prior support zone). 🧠 Trading Plan: Bullish Bias: If price shows bullish price action at/above trendline (~$14.40–$14.70) 🟢 Entry Idea 1: $14.75–$14.90 🟢 Entry Idea 2:$13.60–$14.20 🎯 Target 1: $16.20 🎯 Target 2: $17.00 ⛔️ Stop1: Close below $14.20 (trendline + neckline invalidation) ⛔️ Stop 2: Close below $12.50 (Bearish Continuation: Close below ascending trendline + neckline = further downside risk toward $12.50) ⚠️ Watchlist Notes: PCG is defensive (utilities), but often reacts to regulatory/news-driven catalysts. Recent weakness may offer a risk/reward setup near major support. RSI bearish structure is weakening — watch for divergence or failed breakdown. 💬 What do you think? Bounce or breakdown from here? 📌 Like & Follow for more setups! #TargetTraders #PCG #HeadAndShoulders #RSI #Utilities #SwingTrade #TechnicalAnalysis
NYSE:PCGLong
by TargetTraders
2
THE KOG REPORT - UpdateEnd of day update from us here at KOG: Not a bad day on the markets but the ranging only allowed us to scalp and take short trades from the bias level published and the extension level which did give an extremely decent move downside. We now have support at the 3320 level with resistance 3330 which should be attacked if support holds. There is a level below 3310-12 which needs to be kept an eye on for the Asian session, but for now we'll stick with the plan. Tomorrow we have a lot of news and after the accumulation over the last two days we're expecting some aggressive price action. Take it easy, play the game and remember, large lots on small accounts blow accounts. KOG’s bias of the week: Bearish below 3336 with targets below 3306✅, 3299✅, 3297✅, 3285 and 3275 Bullish on break of 3336 with targets above 3345✅, 3350, 3355, 3367 and 3376 Red boxes: Break above 3310 for 3320✅, 3332✅, if held above 3335✅, 3347 and 3362 in extension of the move Break below 3306 for 3299✅, 3295✅, 3285, 3280 and 3264 in extension of the move As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
29
[GEX] TSLA Breakdown & Options Trade Idea for 39DTELast week, TSLA dropped hard, likely due to political tensions. Let’s not forget — just a month ago, their EVs were showcased at the White House entrance... In the span of 30 hours, TSLA fell -22% (see red line below), while SPX barely reacted. Why? Because both realized and implied volatility dropped — remember VIX is around 17/18. This sharp TSLA drop already seemed overdone, which helped fuel the +5% bounce on Friday.Most TSLA options positions are near-term and still show negative sentiment — but further expirations grow increasingly bullish. 🔍 If you use options GEX matrix , you’ll see the bearish hedging flow gradually turns more neutral-to-bullish. Most cumulative support/resistance zones lie between 250–340, with spot currently just under the chop zone. 🧠 TSLA Trade Idea It’s been a while since I posted a neutral Iron Condor, but TSLA might be an exception. Despite last week’s IV spike, call pricing skew still dominates across expirations — as seen in our Options Overlay indicator.This tells me the market doesn’t fear TSLA crashing below 200. So, I’m aiming to capture premium on the July 18th expiry without day trading. I’m thinking of something simple, well-manageable in either direction.To refine leg placement, I use visual GEX zones. 🐻🔴 Downside: Strong put support at 250 Gradual support layers up to 280 🐂 🟢 Upside: Target area: 340–350 for the July 18 expiry. 📅 Closing the Trade:I'll consider closing or adjusting at 21 DTE or when 50% max profit is hit — per TastyTrade’s studies. 🔁 Rolling Plan:IF short delta on one side drops below ~14 and price pulls away, I’ll roll the untested side to collect more credit. 🧑‍🏫 I’ll likely post trade management live in Discord for educational purposes. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 🦋 Bonus Idea: TSLA Broken Wing Butterfly If you think TSLA has more downside, a Put Broken Wing Butterfly — like the one shown in my previous YT video — is also a great way to structure this trade using the same GEX levels. There’s no single way to use Gamma Exposure — it’s the most actionable hedging signal we have. Combine it with your knowledge of strategies and you can trade almost any scenario. One thing’s for sure — this market moves faster than ever.A single day of internal conflict wiped -22% off TSLA…The next morning, the market already moved on, so as always: Trade Safe Out There!
NASDAQ:TSLA
by TanukiTrade