? Buy Recommendation Buy Zone: ₹2,180–₹2,230 The stock is trading close to a support zone near the 23.6% Fib level (₹2,305) and trying to break out of the falling trendline. RSI has bounced from the oversold region and is near 50, indicating a possible reversal. ? Targets (Short to Medium-Term) Target 1 – ₹2,585 (38.2% Fibonacci level) Target 2 – ₹2,810 (50% Fibonacci level) Target 3 – ₹3,036 (61.8% Fibonacci level – major resistance) Swing Target – ₹3,766 (100% Fibonacci level – recent high) ? Stop Loss SL: ₹2,050 (Below recent swing low & below trendline support) Risk is around ₹180 from entry; ideal for a reward of 1.5x–3x on targets. ? Additional Technical Signals Volume: Increasing volume on green candles shows buying interest. RSI: Forming a bullish divergence and heading upward. Breakout Point: A daily close above ₹2,305 would confirm a breakout of the trendline and strengthen the bullish case. for educational purposes only
All the information you need to find a high probability trade are in front of you on the charts so build your trading decisions on 'the facts' of the chart NOT what you think or what you want to happen or even what you heard will happen. If you have enough facts telling you to trade in a certain direction and therefore enough confluence to take a trade, then this is how you will gain consistency in you trading and build confidence. Check out my trade idea!! https://www.tradingview.com/?aff_id=109100
This chart shows a potential trade setup for USD/JPY on the 30-minute timeframe. Here's a quick breakdown of what's being illustrated: Pattern: The chart appears to show a double top or "M" pattern forming, suggesting a bearish reversal. Entry Point: The trader seems to anticipate a short (sell) position after the price reaches the second peak (highlighted with a red downward arrow). Stop Loss: Placed just above the green resistance zone, protecting against a false breakout. Take Profit: Targeted at the lower green support zone, aligning with the previous low. Support & Resistance: Marked by the green horizontal rectangles. Text Error: There's a small typo—"TAKE PROEIT" should be "TAKE PROFIT". Would you like help interpreting the potential trade or backtesting this pattern?
Daily live trade with XAUUSD in 15m/30m/1h 20250417
Currently, I estimate that XAUUSD is nearing the end of wave iii of wave (v). I present two potential scenarios: In the black label scenario, XAUUSD may continue its upward movement to complete wave iii, with a projected target in the 3,372–3,410 range. However, under the red label scenario, there is a possibility of a short-term correction toward the 3,284–3,301 area before resuming the uptrend toward the same target zone. Traders should closely monitor price action, as increased volatility is likely in the near term.
? What We See Now: • Strong impulse move up from the 1.8120–1.8178 demand zone (you marked that level like a pro). • Price broke key lower highs around 1.8300, giving us bullish structure confirmation. • Now we’re seeing a pullback after a clean rally—normal and expected. • The most recent candle action is showing exhaustion from buyers (likely taking profits), which sets us up for a potential re-entry. ? Is There a Buy Setup? YES. But not right this second. You’re in the “wait and strike” phase. Here’s what I’d be watching: ✅ BUY PLAN: You want to buy the dip back into structure—not chase highs. ? Buy Entry Zone: • Price to watch: 1.8250–1.8200 • Confluence: • Previous consolidation before the breakout • Discounted Fib zone (likely between 61.8%–78.6%) • Imbalance fill on the 4H • Demand zone revisit ? Targets: • TP1: 1.8385 (recent high) • TP2: 1.8500+ • SL: Below 1.8120 to stay safe ⚠️ Should You Sell Here? Nope. Here’s why: • You’d be selling into a bullish market structure. • Price already broke major highs—it’s no longer a downtrend. • You’re better off waiting for a rejection at 1.8400–1.8450 if you want to scalp a short later, but now isn’t it. ? Bonus Tip: If you drop to the 1H or 30min and see price form a bullish engulfing or strong rejection wick in the 1.8250–1.8200 zone, that’s your confirmation trigger. ? Final Words: This is the part where emotions can fool traders into buying too early or selling too fast. But structure is on your side if you stay patient.
Currently trading below the 20-day SMA (middle of Bollinger Bands), indicating bearish momentum. Support zone: ~17,600 (recent lows and high volume area) Resistance zone: ~18,800–19,200 (middle Bollinger Band & recent highs) Failure to break above 18,800 and another test of 17,600 could lead to continuation downward, possibly toward 17,000–16,800.
NSE:AHLUCONT Weekly rounding with probably bottom and gap for support.
NSE:BBTC Weekly rounding bottom - probably double bottom at location.
??? EUR/USD news: ➡️ The EUR/USD pair held steady around the 1.1400 level during early Asian trading on Thursday, as investors remained cautious, waiting to see whether U.S. President Donald Trump's administration would reach a new trade deal with its partners. ➡️ On the data front, the Eurozone confirmed that the Harmonized Index of Consumer Prices (HICP) rose by 2.2% year-over-year in March, with a monthly increase of 0.6%. Across the Atlantic, U.S. data showed that retail sales grew by 1.4% in March, slightly surpassing expectations of a 1.3% rise. Personal opinion: ➡️ EUR/USD has tested the 1.1430 level several times but has failed to break above it. Therefore, this is a strong resistance zone for EUR/USD. ➡️ In addition, prices are falling after the RSI entered the overbought zone and showed signs of bearish divergence. Further strengthening the short-term bearish momentum for this pair ➡️ Analysis based on important resistance - support and Fibonacci levels combined with EMA to come up with a suitable strategy Plan: ?Price Zone Setup: ?Sell EUR/USD 1.1380 – 1.1400 ❌SL: 1.1435 | ✅TP: 1.1325 – 1.1270 ?Buy EUR/USD 1.1240 – 1.1230 ❌SL: 1.190 | ✅TP: 1.1290– 1.1340 FM wishes you a successful trading day ???