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EUR/USD Trading Plan: Key Support, Resistance & Entry PointsThe EUR/USD currency pair is one of the most traded pairs in the world and is often influenced by various factors, including economic indicators, geopolitical events, and monetary policies from the European Central Bank (ECB) and the Federal Reserve (Fed). As of March 10, 2025, the pair has been showing volatility due to recent economic data releases, interest rate expectations, and market sentiment. Daily Chart Analysis: • Trend: The daily trend shows a bullish outlook, with the EUR/USD maintaining above the 200-day moving average. • Key Levels: o Support: 1.0900 o Resistance: 1.1050 4-Hour Chart Analysis: o Trend: The 4-hour chart indicates a recent bullish correction after a small pullback. o Key Levels:  Support: 1.0930)  Resistance: 1.1040 1-Hour Chart Analysis: o Trend: Short-term gauges a consolidation phase. o Key Levels:  Support: 1.0920  Resistance: 1.0990 Key Support and Resistance Levels • Support Levels: o 1.0900: Strong psychological level and previous resistance. o 1.0850: Fibonacci level that provides additional support. • Resistance Levels: o 1.1050: Recent swing high, seen as major resistance. o 1.1100: Upper bound of the recent trading range. Breakout Points • A breakout above 1.1050 could signal further bullish momentum, targeting 1.1100 and potentially higher levels, depending on broader market conditions. • A breakdown below 1.0900 would indicate bearish sentiment, possibly retesting lower support levels at 1.0850. Trade Setup Trade Idea Bullish Setup: Buy EUR/USD • Entry Point: 1.0955 (confirmation above key resistance on the 1-hour or 4-hour) • Stop Loss: 1.0920 (below the recent support level) • Take Profit: 1.1050 (targeting the established resistance) ✅ #forex ✅ #forextrading ✅ #forexanalysis ✅ #forexsignals ✅ #fxtrading ✅ #trading ✅ #eurusd ✅ #eurusdforecast ✅ #eurusdanalysis ✅ #eurusdtrading ✅ #eurusdsetup ✅ #eurusdsignal ✅ #technicalanalysis ✅ #priceaction ✅ #supportandresistance ✅ #trendanalysis ✅ #chartpatterns ✅ #elliottwave ✅ #swingtrading ✅ #daytrading ✅ #scalping ✅ #riskmanagement ✅ #tradingpsychology ✅ #tradingview ✅ #forexcommunity ✅ #marketanalysis
Long
by svignesh7043
1
Copper until 871 not break upmove will continue How to take trades using Harmonic pattern projection Trade setup is explained below :- Entry : 1st SL point : 0% is recent top or bottom. Trailing D: 11.4% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 2nd D 21.4% to 23.6% range then early traders can make fresh reversals trade after breaking 1st D 11.4% safe traders can reversal trade after breaking Point D 21.4% to 23.6% range Targets : Target T1 : 35.1% to 38.3% Target T3 : 49.1% to 53.2% T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again Target T4 : 76.4% to 79.7% Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based . After showing reversal levels wait for confirmation until 21.4% or 28.3 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell . Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Re- Entry : For Re-entry in any pull back Point D ( 11.4% ) is used for re-entry then SL recent high or low Point SL ( 0% ) . Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
MCX:COPPER1!Long
by EquityCommodityMarketJaiPrakas
Gold mcx sell at 85820 sl 86360 Target 85090,How to take trades using Harmonic pattern projection Trade setup is explained below :- Entry : 1st SL point : 0% is recent top or bottom. Trailing D: 11.4% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 2nd D 21.4% then early traders can make fresh reversals trade after breaking 1st D 11.4% safe traders can reversal trade after breaking 2nd D 21.4% Targets : Target T1 : 28.3% ( early trade if entry at 11.4% ) Target T1 : 35.1% to 38.2% Target T3 : 50.1% to 53.2% T3: 61.8% to 65.1% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again Target T4 : 76.4% to 79.7% Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based . After showing reversal levels wait for confirmation until 21.4% or 28.3 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell . Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Re- Entry : For Re-entry in any pull back Point D ( 11.4% ) is used for re-entry then SL recent high or low Point D ( 0% ) . Target is same as early 21.4% , 28.3 , 35.1 and so on Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
MCX:GOLDM1!Short
by EquityCommodityMarketJaiPrakas
Nifty MidCap Index short term targets The Nifty MidCap Select Index is currently trading at 11,198.90, down 1.69% for the session ,despite the short-term downtrend, the index recently rebounded from a key support zone (10490 – 10390) if this level holds next week then their is chances of up side . Important Resistance Levels Immediate Resistance1 : 11,600 – A breakout above this level may indicate further bullish momentum towards 11,800 – 11,830. Resistance2 : 11,800 – 11,830 – A significant supply zone where sellers may step in. Major Resistance1: 12,100 – 12,170 Important Support Levels Support1 : 11,068.60 – 11,015.55 – The key support zone holding the index. Major Support1: 10,390 – 10,493.55 – A strong demand zone where buyers may re-enter. Extended Support: 10,060.20 – 9,995.05 – A strong demand zone Extension where buyers may re-enter.
NSE:NIFTY_MID_SELECTShort
by manojshinde27
XAUUSD technical analysis with Targets 2025 XAU/USD chart analysis with Targets (1-week timeframe) shows a strong bullish trend with key levels of support, resistance, and breakout zones. Here’s a breakdown: Current Market Status (as per chart) Current Price: ~$2,882 Major Support - 1: $2,805 - $2,750 Major Support - 2: $1,805 - $1,759 (old levels) Short-Term Target: $3,255 - $3,303 Long-Term : Above $3,500 AND + Key Observations & Trading Insights 1. Strong Uptrend & Breakout Confirmation - Price has broken past multiple resistance levels, turning them into support. - Holding above $2,805 - $2,750 will maintain bullish momentum. 2. Next Resistance Levels: - First Target - $3,255 - $3,303→ Short-Term Target - Second Target - $ 3760 - $3800- Long term Target 3. Possible Pullbacks (Buy Zone) - If price retests $2,805 - $2,750 and holds, it could be a strong buy zone. - Below this, $2,555 - $2,535 is the next key support. 4. Bullish Confirmatio - If price breaks above $3,255, it could quickly move toward $3,500+.
OANDA:XAUUSDLong
by manojshinde27