In 2024 the light bearer of the developing markets was India and its index $NIFTY. It closely beat the S&P 500 in 2024. But 2025 has not been good for $NIFTY. The rotation trade sell India and buy Chinna by the large institutional investors has put immense pressure on the Indian indexes. The index almost fell into the bear market by collapsing close to 20%. If you have been watching my blog space I made a case in point on 22 Feb 2025 that there is still some downside left in the chart. Since then, we have fallen another 2 % and sitting just at the bottom of the Upward sloping Fib Retracement channel drawn by joining the potential tops of the NSE:NIFTY weekly chart. The chart pattern on 22 Feb 2025 clearly indicated that we can touch the lows around 22000. We touched the lows of 22032 on 28 Feb 2025. Since the we have gained some lost ground. Final verdict: Possible retest the 22000 levels and then go long from there on $NIFTY.
Do not believe me when I say this stock is undervalued, do your own research. Do not believe me when I say this stock has shown very high properbility for good upside moves from around end of March until mid of August for the last 10 years, do your own research. Good upmove today, I am in. Leave a like or comment, hit the bell, eat some birthday cake, and love what you are doing! Cheers!
Bitcoin long trade setup is structured as Entry: 84,300 Stop Loss: 82,800 (Risk: 1,500 points) Target 1: 86,000 (Gain: 1,700 points) Target 2: 88,000 (Gain: 3,700 points) Analysis & Observations: 1. Risk-Reward Ratio (R:R): Target 1 (86,000): ~1:1.13 Target 2 (88,000): ~1:2.47 The setup favors a good reward potential if the price moves in your direction. 2. Trend Confirmation: Did BTC break any key resistance before entering? Are moving averages or indicators (RSI, MACD) supporting the long entry? 3. Price Action & Volume: If 86,000 is breached, bullish momentum could drive BTC toward 88,000. Was there strong buying pressure near 84,300, confirming support
We've seen an extension of US dollar weakness in recent sessions, partially on the back of deteriorating consumer sentiment in the US and perhaps partially due to the risk-on reaction to the US avoiding a government shutdown. Elsewhere, it finally looks like the Greens have backed up Germany's massive fiscal plans, which has been helping to keep the Euro supported. The pound has come under some pressure on contractionary growth data out of the UK this past Friday. The selling is mostly attributed to worries around automotive tariffs from the US. The Australian and New Zealand dollars have been better bid on news of fresh China measures to boost consumption. Over in Canada, Mark Carney has been sworn in as the new PM. Finally, the gold market has paused for a breather after the yellow metal finally cleared 3000. Looking ahead, we get Canada housing starts and foreign security purchases, US retail sales, New York Empire manufacturing, an ECB Lagarde speech, and US business inventories.
My guts and the seasonality over 10 years of past data suggest that it is a good idea to long LULU. Today is a strong up-day after an inside bar that gives you good calculation for risk management. let s soo how this goes! This is not a trade call.... all on your own risk. Trade what you know, understand and see not what people tell you... leave a like or comment! Cheers!
Buy the dip; it'll be short. Love this uptrend set up. Buying this dip; i love 165 as a take profit before the pullback it right into that zone. Im not financial advisor but please use proper risk management
Crypto Total Market Cap Excluding Top 10 Dominance (%) on a weekly timeframe, showing a long-term downtrend with lower highs. Price is currently testing a strong support zone Green around 8% dominance suggesting a potential reversal. If it successfully bounces from this Green zone, the next key resistance is around 10-11% Blue zone, aligning with the descending trendline, which will be a major test for further upside momentum.
OANDA:EURJPY is currently approaching a significant resistance zone, an area that has been a key point of interest where sellers have regained control, leading to notable reversals in the past. Given this, there is potential for a bearish reaction if price action confirms rejection, such as a bearish engulfing candle, long upper wicks or increased selling volume. If the resistance level holds, I anticipate a downward move toward 161.00, a target that seems at least achievable. This would more likely be a call on a bearish outlook, as sellers may step in to push the price lower from this key level. However, if the price breaks this zone and sustains the up move, the bearish outlook may be invalidated, and we could potentially see a larger upside move. Given the potential volatility around this zone, it’s crucial to monitor candlestick patterns and volume closely to identify strong selling opportunities. Proper risk management is essential to handle any potential volatility and protect your capital if the price breaks out.
OANDA:GBPJPY is currently trading at a key resistance zone, where sellers may regain control. This level has been a strong area of interest in the past, suggesting the potential for another bearish reaction if sellers step in. If the price confirms rejection from this zone, a move lower toward 192.000 is likely. However, a strong breakout above could invalidate this setup, shifting momentum back to the bulls. Traders should monitor for bearish confirmation signals, such as bearish engulfing candles, long upper wicks rejecting the resistance, or increased selling volume before considering short positions. Let me know your thoughts or any additional insights you might have!
This chart represents a technical analysis of Bitcoin (BTC/USD) on the 1-hour timeframe, using harmonic patterns, support/resistance zones, and price action analysis. Key Elements in the Chart: Harmonic Pattern Formation The chart shows a harmonic trading pattern, likely a Gartley or Bat pattern, identified with points X, A, B, C, and D. Fibonacci ratios (e.g., 0.567, 0.667, 1.1, 1.77) indicate retracement and extension levels. Sell Zone (Resistance Area) The "SELL ZOON" (Sell Zone) is a strong resistance area where price previously reversed. A bearish reaction is observed when price enters this area. Strong Selling Position The label "strong position" suggests that sellers took control in this region. Price dropped significantly after reaching this area. 240 Pips Move (Price Drop) The price dropped 240 pips after hitting resistance, indicating a significant bearish move. Current Market Outlook The red zone (resistance) and green zone (potential target) show a trading setup. The price is consolidating, and a breakout could happen. Possible Future Movement Bullish Scenario: If price breaks above the resistance, it may target 87,319. Bearish Scenario: If price fails at resistance, another downward move toward 81,005 or lower is possible. Summary: This chart is a technical analysis for BTC/USD, using harmonic patterns, support/resistance levels, and price action. The trader is watching for a potential breakout or rejection at the current resistance zone to decide the next move. Would you like help interpreting it further? ? Is this conversation helpful so far?