Get started

Community ideas

How would Bitcoin react? Btc/Usdt Chart analysis Bitcoin on Hourly chart is has formed HH & HL (HIGHER HIGH, HIGHER LOW). Trend is definitely bullish but after a massive move every assets goes for a correction. Looking at hourly chart we can see that Bitcoin is trading in range bound and it need to take any side liquidity for any trade to be executed. For buy we would suggest to wait for the ATH (All time high) to be breaken out. So sell side we would suggest to wait for a MSS( Market structure shift). Weekends are usually slower for Crypto market. We will wait for the first Asian session of the day to start and will trade plan accordingly
by Santoshsharma9
1
EURUSD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. 🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair . 💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
Short
by okako_trading
#Nifty directions and levels for November 18th.Good morning, friends! 🌞 Here are the market directions and levels for November 18th. Market Overview: There are no significant changes happening. The global market is showing a moderately bearish sentiment (based on the Dow Jones only), and our local market is also exhibiting bearish sentiment. Today, the market may open with a neutral to slightly gap-down start, with the Gifty Nifty showing a negative 80 points. In the previous session, both Nifty and Bank Nifty moved in a consolidation pattern. Structurally, it remains a bearish trend, so if the gap-down sustains, we can expect the continuation of the correction. On the other hand, if it rejects around the immediate support level or opens with a gap-up, we can expect a minimum pullback of 23% to 38%. Let’s look at this in the charts. Both Nifty and Bank Nifty have the same structural sentiment. Nifty Current View: The current view for Nifty indicates that if the initial market takes a pullback around the immediate support level (23,435), we can expect a minimum pullback of 23% to 38%. After that, if it rejects at either the 23% or 38% Fibonacci level, the correction will likely continue. However, if it sustains and breaks the 38% Fibonacci level, it could reach the 50% and 61% levels. If this happens, the upcoming session could turn into a range market. Alternate View: The alternate view suggests that if the market breaks the immediate support level (23,435) solidly or consolidates around the support level, the correction will likely continue to the level of 23,245.
NSE:NIFTY
by Manickamtraders
3
Nifty 50 spot 23453.80 by Daily Chart view - Update to old Chart*Nifty 50 spot 23453.80 by Daily Chart view* - Most probable Support Zone 23200 to 23350 to anticipate for upside reversal prospective - Next fairly strong Support Zone 22500 to 22650 for upside reversal prospective if the above Support Zone is broken - *Old times Gaps to be filled will be a longer shot to expect if markets take a nosedive below 21180 Nifty 50 Index trading range* - Huge Downfall of 04th June, 2024 closed many of the past Gap Up Opening and Gap Down Openings between 21181 to 23338 Nifty Index trading range - Update to old chart shared last week
NSE:NIFTY
by PIYUSHCHAVDA
2
Nifty Intraday Analysis for 18th November 2024NSE:NIFTY Index closed near 23535 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 24000 Strike – 45.81 Lakh 23600 Strike – 28.89 Lakh 23500 Strike – 25.62 Lakh Put Writing 23000 Strike – 34.00 Lakh 23500 Strike – 33.23 Lakh 23600 Strike – 23.56 Lakh Index has immediate support near 23350 – 23300 range and if this support is broken then index may tank near 23100 – 23000 range. Index has resistance near 23750 – 23800 range and if index crosses and sustains above this level then may reach near 24000 - 24100 range.
NSE:NIFTY
by RKMAURYA
2
Banknifty Intraday Analysis for 18th November 2024NSE:BANKNIFTY Index closed near 50180 level and Maximum Call and Put Writing near CMP as below in current Monthly contract: Call Writing 51000 Strike – 14.94 Lakh 51500 Strike – 14.10 Lakh 50500 Strike – 9.89 Lakh Put Writing 49500 Strike – 18.29 Lakh 50000 Strike – 15.03 Lakh 49000 Strike – 10.96 Lakh Index has immediate support near 49600 - 49500 range and if this support is broken then index may tank near 49000 - 48900 range. Index has resistance near 50650 – 50800 range and if index crosses and sustains above this level then may reach near 51100 – 51300 range.
NSE:BANKNIFTY
by RKMAURYA
BANKNIFTY Corrected 4000 points Weekly chart ANALYSISHello Everyone, as posted charts on 29th september, Banknifty Rejection Candle from Channel Resistance line, RSI negative Divergence, Price is more than 3000/4000 point away from EMA 20& 50____After every trending move Price is reverse to its EMA line___Positional Sideways to small correction can expected. now its corrected 4000 points and near to 50EMA but till looking weak if going to test 100EMA then 3 things going to happened 1st 100EMA test second 61% retracement done and breakout trendline retest possibilities as ahead of elections and USDINR is trading at its lowest of 84.40 indicate more volatality in near future. 49300, 48650,47500 is possible and important levels to watch
NSE:BANKNIFTYShort
by sagarmali101
1
GOLD SHOWING A GOOD UP MOVE WITH 1:7 RISK REWARDGOLD SHOWING A GOOD UP MOVE WITH 1:7 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
FX:XAUUSDLong
by tradergyan01
Detailed Analysis using OrderFlow analsysis for XAUUSD ( GOLD) Key Points in Order Flow: 1. Delta in Order Flow: - Delta measures the net difference between aggressive buyers (market orders to buy) and aggressive sellers (market orders to sell). - A positive delta of 20K means there were 20,000 more aggressive buy orders than sell orders during that candle. 2. No Major U.S. News: - With no significant U.S. news or economic events, the positive delta likely reflects organic market sentiment or institutional buying rather than reactionary moves to news. - This suggests that market participants are confident in higher gold prices. 3. Implication for Gold: - Aggressive buying without external news typically indicates a strong bullish sentiment in the market. - Since this buying is not driven by news but by organic demand or positioning, it suggests that gold may rise further until new external factors or resistance levels come into play. 4. Order Flow Perspective: - Buyers are dominating sellers, which could trigger a short squeeze if sellers close their positions by buying back. - The absence of significant news events reduces the likelihood of volatility spikes, allowing a smoother upward trend. 5. Monitoring Points: - Order Book: Watch if the buy-side liquidity remains strong or if sellers begin to step in at higher price levels. - Volume Profile: Check for areas of high volume where gold may consolidate before moving higher. - Delta Continuation: If positive delta persists on subsequent candles, it strengthens the bullish case. Trading Implications: - If you're a trader, consider going long but set a tight stop loss near recent support levels in case the market reverses. - Monitor for divergences, like price stalling while delta remains positive, as this could indicate absorption of buying pressure by sellers.
FX_IDC:XAUUSDLong
by XAUUSDANALYST
When will gold stop falling? The trend of the gold market next week may continue to maintain a bearish trend. The market has already shown a series of technical and fundamental signals, suggesting that gold may continue to face downward pressure in the coming period. Combining the current technical form and market sentiment of gold, below we will conduct a detailed analysis of the trend of gold next week from three perspectives: technical, market sentiment and fundamentals. Technical analysis Daily chart performance: Judging from the daily chart, the current trend of gold is obviously in a downward trend. In recent weeks, the price of gold has reversed and declined from its highs, breaking the previous upward channel and forming an obvious downward trend. In particular, last week's negative closing for six consecutive trading days formed a significant short arrangement, indicating that the market's short power is strong. In addition, although the price of gold has seen some fluctuations recently, the volume of short positions has gradually shrunk, indicating that although the market is still in a short trend, the selling momentum has slowed down and the short market may be entering a period of adjustment. 4-hour line and 1-hour line patterns: On the 4-hour chart, gold shows a typical wave downward trend. After rebounding, the price still cannot break through the key resistance level in the early stage, so the overall trend is still biased downward. The current upper line of $2,151 has formed strong pressure. If the price cannot effectively break through this level, gold's downward trend may continue. Below, the low of $2,537 becomes a key support level. If gold prices break below this support, the market could accelerate its move lower to retest previous lows. The 1-hour line shows a more detailed trend. Gold has recently formed an M-head pattern, with a strong resistance area forming near the top of $2,576. A breakdown of this position may accelerate gold's decline. At present, the neckline support of $2,560 is crucial. If this position is broken, it means that gold will fall further and test the previous low. Morphological structure analysis: Overall, the trend of gold is in a short structure, and the market still has no obvious reversal signal after the continued decline. The current restorative rebound is still weak, and after each rebound repair, the price ushered in a deeper correction, which shows the lack of bullish power in the market. If the current restorative rebound fails to break through $2,576 and falls further, gold may continue to weaken and may even enter a deeper decline. If gold can break through $2,576 and break through the upper resistance of $2,596, then the market will likely re-evaluate the trend of gold, and there may be a certain rebound in the short term. Fundamental factor analysis In addition to technical aspects, changes in fundamentals may also have an important impact on gold prices. Recently, U.S. economic data and the Federal Reserve's monetary policy decisions are the two key factors affecting gold trends. Fed policy: The Federal Reserve's monetary policy continues to maintain a hawkish stance. Although the market is generally expected to slow down the pace of interest rate hikes, Fed officials still emphasized their determination to combat high inflation in recent speeches. If the Federal Reserve continues to maintain a high interest rate environment, the dollar may strengthen further and gold prices may remain under pressure. Rising interest rates are typically a negative for gold because it becomes more expensive to hold, while a stronger U.S. dollar makes gold less attractive to holders of other currencies. U.S. economic data: At the same time, the performance of the U.S. economy is also an important influencing factor. The performance of U.S. economic indicators such as inflation data, employment data, and GDP growth will affect the Fed's next decision. If economic data shows that inflationary pressures are still high, the Federal Reserve may continue to raise interest rates, which will further suppress gold. If the U.S. economy shows signs of slowing down and the market's expectations for the Federal Reserve to raise interest rates decrease, gold may experience certain safe-haven demand and may experience a rebound in the short term. Summarize Based on comprehensive technical and fundamental analysis, the trend of gold next week will most likely maintain a short trend. In the short term, gold is likely to continue to face downward pressure, with key support levels near $2,537 and $2,560. If these support levels are effectively broken down, gold may test lower prices and may even challenge previous lows. However, if gold can break above the $2,576 and $2,596 resistances above, then the market may reassess gold's trend and a short-term rebound may occur.
OANDA:XAUUSD
by Gold-Cat