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Support and Resistance

(No) IdeaWhy the handle of "The Uncertain Trader"? Let's check the daily SPY (S&P 500 ETF) chart just after the close of 17 Jun 2025; I've got no idea where this thing is going. Thus the handle. No one has any idea where this is going. If they insist they do they are selling you something. In the words of Brad Hamilton, "Learn it. Know it. Live it". However, one must form a hypothesis to trade from, right or wrong. And TradingView has excellent tools to do so AND a FREE social network to share such theories. Back to SPY, I have my suspicions; SPY closed at 597.53, below it's all-time high of 611.39 (gray line and box) from Feb 19 and above it's 200 day simple moving average of 577.41 (purple line and box). Besides some support at 595.48 (arrow), which is way too close to be useful, and maybe resistance at Wed's high (also too close), there's really no other obvious support or resistance. So, it's ~14 points to the solid resistance at that significant high and ~20 points to support. If one goes long it's 20 points to be proven wrong, 14 points to the good and where the trade will likely stall - not a good reward to risk. Going short is a little better, with 20 points to support with 14 points of risk, but still a rather meager reward to risk. And now factor in an FOMC meeting tomorrow (Wed 18th). SPY could easily hit one of those marks (2.3% up, 3.4% down), or both, tomorrow afternoon. The (safer) play is to hold off, stay neutral, and let SPY resolve this, up or down. Let it test/hold it's all-time high or it's 200-day. Again, I have no idea where this is going - just my theory. And please, read the following and, again, "Learn it. Know it. Live it"; My ideas here on TradingView are for educational purposes only. It is NOT trading advice. I often lose money and you would be a fool to follow me blindly.
AMEX:SPY
by TheUncertainTrader
Beeline Holdings | BLNE | Long at $0.72**This is a VERY risky penny stock. Please do not invest if you are risk averse.** Beeline Holdings NASDAQ:BLNE Book value = $5.00-$6.00 Revenue past 12 months: $5.21 million (grew by 27.4% over the past year) Debt-to-equity: 0.21x (low) Insiders purchased almost $500k in shares in the past 6 months and volume increasing 6 million float, 1.96% short interest, 0.85 days to cover This is purely a gamble play based on value and insider purchases. Thus, at $0.72, NASDAQ:BLNE is in a personal buy zone. Targets: $1.00 $1.25
NASDAQ:BLNELong
by WorthlessViews
ASX200 forming a top?ASX200 - 24h expiry Price action looks to be forming a top. A shooting star has been posted on the weekly charts. Bearish divergence is expected to cap gains. Previous resistance located at 8550. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. We look to Sell at 8549 (stop at 8601) Our profit targets will be 8395 and 8365 Resistance: 8552 / 8594 / 8629 Support: 8504 / 8450 / 8400 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.
OANDA:AU200AUDShort
by OANDA
SHIBUSDT🕯 The key resistance level, identified as the best resistance for a break and pump, stands at 0.0000135, with a potential price increase to 0.00001567 if breached, serving as the next target (Pullback level). On the support side, the main level is observed at 0.0000115, and should the price fall below this, it may decline further to the lower Major Level of 0.0000100. 🔽 Resistances: Main resistance level: 0.0000135 (potential break for pump) Next target (Pullback level): 0.00001567 🔼 Supports: Main support level: 0.0000115 Lower level (Major Level): 0.0000100 ⚠️Contorl Risk management for trades.
Long
by EhsanZeydabadi
1
GBPJPY Wave Analysis – 17 June 2025- GBPJPY reversed from the resistance area - Likely to fall to support level 193.65 GBPJPY currency pair recently reversed down from the resistance area between the pivotal resistance level 196.00 (which has been reversing the price from March) and the upper daily Bollinger Band. The downward reversal from this resistance zone will most likely form the daily Japanese candlesticks reversal pattern Bearish Engulfing - if the price closes today near the current levels. Given the overbought daily Stochastic, the GBPJPY currency pair can be expected to fall to the next support level at 193.65 (the low of the previous minor correction ii).
Short
by FxProGlobal
GBPUSD Wave Analysis – 17 June 2025- GBPUSD reversed from the resistance level 1.3615 - Likely to fall to support level at 1.3400 GBPUSD currency pair recently reversed down from the key resistance level 1.3615 (which has been reversing the price from the end of May) and the upper daily Bollinger Band. The downward reversal from the resistance level 1.3615 formed the daily Japanese candlesticks reversal pattern Dark Cloud Cover – which was followed by the Shooting Star. Given the bearish divergence on the daily Stochastic indicator, GBPUSD currency pair can be expected to fall to the next support level at 1.3400 (former resistance from April).
Short
by FxProGlobal
1
RTX – Defense sector strength backed by structurePut Credit Spread Aug 140/130 | Entry: -1.81 | POP 76% 🚀 Technical & Macro Context: Raytheon Technologies (RTX) is surging amid escalating geopolitical tensions (Iran–Israel conflict) and renewed strength in defense sector fundamentals. The stock has broken multiple resistance levels and is now trading in a parabolic move within a widening bullish channel. 📌 Technically backed setup: ✅ Clear Break of Structure (BoS) confirmed and respected. 🧱 Strong 4H demand zone between $135.25–$130.95. 📉 RSI trending high but not overheated. 📈 MACD remains bullish with wide separation. This zone aligns with: Dynamic support (EMA20). 38–50% Fibonacci retracement. Previous consolidation zone now acting as demand. 🔒 Spread Structure: Sell Put $140 (Aug 15) Buy Put $130 (Aug 15) Probability of Profit (POP): 76% 📉 Invalidation below $130 with volume. Will reassess if demand fails. 📷 The chart already illustrates the setup with institutional logic, break levels, and supply/demand zones. 🔍 If you enjoy structured option setups, technicals with context, and high-probability spreads, 👉 Follow me for more trade ideas like this. 📈 Weekly updates | 🎯 Conviction trades | 🧠 Smart risk-reward
NYSE:RTXLong
by fredcast80
BNB Pump???On the daily chart of BNB, a symmetrical triangle has formed, and the price is approaching a breakout point. The $600–$604 zone, aligned with the 200-day moving average and the descending trendline, acts as a key resistance. A bullish breakout could push the price toward the $696 area. On the downside, the $575 support is crucial — if broken, the next potential drop could target the $505 zone. Price compression and declining volatility suggest a strong move is likely soon. 📈 A major move is coming for BNB! 🔺 Resistance: $604 🔻 Support: $575 and then $505
Long
by EhsanZeydabadi
The Big Banks are in BIG TROUBLEAs you can see on this weekly chart, the XLF has been in this steady up trend since October 2023. It bounced off this upward slopping trendline 3 different times and then finally broke through it on the 4th hit, then came back up to test the underside of the trendline as resistance. It did get back above the trendline briefly last month, but it ended up being a bull trap as it fell back below the trendline and is now testing it as resistance once again and is currently being rejected. A Fibonacci retrace shows the 0.786 fib level also lines up with this area giving added confluence, as well as RSI divergence that I have highlighted. Massive Massive resistance in this area and so much room for potential downside. I see this trade as an extremely high probability of playing out. The options market agrees with me as well.
AMEX:XLFShort
by bradc1984
USOIL:Sharing of the Latest Trading StrategyAll the trading signals today have resulted in profits!!! Check it!!!👉👉👉 Fundamental Analysis: While Middle East tensions have temporarily eased, the risk of Iran threatening to blockade the Strait of Hormuz persists. An escalation could drive oil prices higher. The U.S. sustained economic strength provides some support for oil prices. U.S. retail data and crude oil API inventory changes to be released today may impact oil prices. Technical Analysis : Bollinger Bands: Middle band at 73.92, upper band at 76.81, lower band at 70.42. Current price at 72.77 is near the lower band, showing signs of support. With reference to June 5 and prior data, the MACD previously formed a death cross. Although no latest data is available, combined with price action, it may still be in a bearish trend. Trading Strategy: Consider long positions after a pullback to near 70.42 (strong support), targeting around 73.92. If price effectively breaks through 73.92, chase long positions with a further target near 76.81. buy@70-70.5 TP:73-74 Share accurate trading signals daily—transform your life starting now! 👇 👇 👇 Obtain signals👉👉👉
TVC:USOILLong
by MonicaLongman
XAUUSD:Sharing of the Latest Trading StrategyAll the trading signals today have resulted in profits!!! Check it!!!👉👉👉 As previously stated, a ceasefire negotiation between Iran and Israel is not easy, and with Trump's remarks, risk aversion remains strong. From a 4-hour analysis perspective, gold's key support below continues to focus on the 3370–3360 level, while short-term resistance above pays attention to the 3410–3420 level. In terms of operations, it is temporarily mainly long within the range, and short positions can be taken if the high-resistance area is not broken. Trading Strategy: buy@3360-3370 TP:3390-3400 sell@3420-3410 TP:3390-3380 Share accurate trading signals daily—transform your life starting now! 👇 👇 👇 Obtain signals👉👉👉
OANDA:XAUUSDLong
by MonicaLongman
Gold Miners Break KEY multi-year resistanceIn the face of uncertainty, money flees to safe haven assets like Gold, Silver and the Dollar. When Gold moves up, gold miners do as well. As you can see from the weekly chart, the miners broke key resistance going all the way back to August 2020. These decade long highs at $46 were broken and there is a secondary trend line I have drawn that also intersects in the same area. The next probable move is for the miners to come down into the top of these trendlines and test the area as support before rocking to new all-time highs. Theres no guarantee that it will come down into this area, but if it does, you can bet your bottom dollar it'll be the buying opportunity of a lifetime.
AMEX:GDXLong
by bradc1984