Price is rejecting resistance near a trendline, signaling a short setup targeting the 2-hour order block below. Stop loss is above resistance.
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!! #No complicated chart patterns #No big big indicators #No Excel sheet or number magics TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL. Checkout an amazing breakout happened in the stock in Weekly timeframe. Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run. Time makes money, GREEDY & EGO will not make money. Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts. The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play. LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
This analysis highlights key trading levels and session ranges for Gold (XAU/USD) on a 15-minute timeframe: Session Ranges: Asian Range: Marked with vertical blue lines to identify the high and low during the Asian session. London Range: Marked with vertical orange lines to capture market activity during the London session. Key Levels: Buy Side Liquidity (BSL): Located at $2,665.552, signaling potential targets for bullish momentum. Weekly Open Levels : Historical reference points (16 Dec, 18 Dec, 2 Jan) for price reactions and bias determination. Current Price Action: The price swept the Asian High (6 Jan), indicating liquidity grab before a move higher. A bullish setup is confirmed as price broke above the London High (LND HG), with a potential continuation toward the Buy Side Liquidity zone. Trade Plan: Entry: After confirmation of price reclaiming key liquidity levels. Target: $2,665 - $2,670 area (Buy Side). Stop Loss: Below the London Low (LND LW) for risk management.
Hello ! The Nifty 50 attempted a recovery today, bouncing from a crucial support zone defined by the Fibonacci channel. Nifty continues to trade below its 20, 50, and 200-day moving averages, reinforcing the broader bearish trend. Key Support Level: A decisive break below 23,500 (today’s low) could trigger a deeper correction toward 23,269, the next Fibonacci channel support. Immediate Resistance: On the upside, 24,000–24,200 remains a formidable hurdle, marked by both moving averages and Fibonacci retracement levels. Takeaway for Traders Today’s bounce, while technical, appears fragile and lacks conviction. Unless the index quickly reclaims key resistance levels, the path of least resistance remains downward. Traders should approach this recovery with caution and use rallies to reduce risk or consider fresh shorts near resistance zones. Conclusion: While it’s tempting to see today’s hammer as a bullish signal, the broader technical setup suggests otherwise. Until Nifty breaks above 24,000 with conviction, the bearish undertone remains intact. Volatility is likely to persist—trade carefully! Thanks
Base on Weekly Fibo i draw the chart , From SMC (High H4 is Valid , Daily high "not yet valid" (need inducement to get valid)setup is Failed when bulish breaking upper trendlines (Closed body), Whats your idea ?
As discussed throughout my yesterday's session commentary: "My position: Gold is Neutral Rectangle and keep #2,652.80 as your reversal zone and ideal re-Sell entry point. If #2,627.80 Support gets invalidated, I will pursue #2,600.80 benchmark in extension. I will Trade the break-out." I have engaged re-Sell order as discussed above on #2,649.80 which hit my #2,653.80 Stop within minutes. I have waited another chance to re-Sell Gold however Gold extended recovery above #2,657.80 first Resistance which left me without an order waiting for ISM numbers. On pre-ISM candles, I have engaged Selling order and closed it with #9-point Profit near #2,652.80 benchmark. When #2,652.80 got invalidated, I have engaged new re-Sell order on #2,650.80 and moved the Stop on breakeven expecting #2,636.80 Support in extension to be met, however Price-action touched #2,642.80 and reversed towards my breakeven Stop and left me without any orders for yesterday's session. My position: Even though DX reversed and found Support zone, Gold is Trading under Intra-day Buying pressure as sentiment is changing on Intra-day basis. I give more probabilities to the upside since #2,652.80 benchmark got invalidated to the upside many times with relative ease which was my pivot point for the fractal. If #2,662.80 gets invalidated #2,667.80 is next extension so place your Buying orders accordingly.
Audcad, after breaking from a bearish order block, is expected to fall more before any bullish movement is possible. I am bearish and a sell order has been triggered... Like and follow for more!!
In a dramatic shift that has captured the attention of global financial markets, the euro-dollar relationship stands at a historic crossroads, with leading institutions forecasting potential parity by 2025. This seismic development, triggered by Donald Trump's November election victory and amplified by mounting geopolitical tensions, signals more than just a currency fluctuation—it represents a fundamental realignment of global financial power dynamics. The confluence of diverging monetary policies between the U.S. and Europe and persistent economic challenges in Germany's industrial heartland has created a perfect storm in currency markets. European policymakers face the delicate task of maintaining supportive measures. At the same time, their American counterparts adopt a more cautious stance, setting the stage for what could become a defining moment in modern financial history. This potential currency convergence carries implications far beyond trading desks. It challenges traditional assumptions about economic power structures and reevaluates global investment strategies. As geopolitical tensions escalate and economic indicators paint an increasingly complex picture, market participants must navigate a landscape where historical precedents offer limited guidance. The journey toward potential parity serves as a compelling reminder that in today's interconnected financial world, currency movements reflect not just economic fundamentals but the broader forces reshaping our global order. Conclusion The current landscape presents unprecedented challenges for the EUR/USD pair, driven by economic fundamentals and geopolitical tensions. One significant concern is the potential release of sensitive footage from Israel (by the Israeli National Security Agency (NSA) from Hamas body cameras, containing graphic atrocities from the October 7th incident.), which could threaten European stability. These developments go beyond simple market dynamics and have the potential to reshape the social and political fabric of Europe. Market professionals emphasize the importance of adaptable strategies and the vigilant monitoring of key indicators. Investors must prepare for increased volatility while maintaining strong risk management frameworks. The pressure on the euro-dollar relationship is likely to persist, making strategic positioning and careful market analysis more crucial than ever in navigating these turbulent waters.
BINANCE:ALGOUSDT ALGO is in a symmetrical Triangle which means we can't be sure of the coming movement. BUT! Ichimoku cloud shows a positive sign to us which means the price can increase to the top of the pattern easily? ⚠️ Disclaimer: This is not financial advice. Always manage your risks and trade responsibly. ? Follow me for daily updates, ? Comment and like to share your thoughts, ? And check the link in my bio for even more resources! Let’s navigate the markets together—join the journey today! ?✨
EURUSD in bullish trend RSI diversions can be seen sell with a sell stop