TORNTPHARM Final Bearish move before bulls entry????Yesssss!!!! Chart patterns suggest me the above titled opinion...
TORNTPHARM has been travelling in a Ascending Expanding channel pattern IN A BULLISH MODE MAKING SERIES OF HIGHER HIGHS AND HIGHER LOWS... (shown below)
Inside the bullish pattern , it is now currently in the downward phase that too inside rectangular descending channel pattern making a SERIES OF LOWER HIGHS AND LOWER LOWS....
It's moving like a written script till now....let's wait and watch whether the director(market) has any twist in the script or not!!!
This is just my opinion....not a tip nor advice!!!!
Thank you!!!!!!!
Bearish Patterns
PAGEIND - BEARS READY TO TEAR JOCKEY DOWN TO 20% FALL???YES!!!!! Chart patterns made me think of the above titled opinion.
REASONS FOR MY IDEA
1.MONTHLY CANDLE BREAKDOWN WITH GOOD VOLUME
2. OCT 2022 Highs not tested even during 2024 bullish phase shows weakness
3. Weekly candle too shows a voluminous breakdown as shown below
4. 3 BLACK CROWS pattern in the daily time frame recently adds to the woes
5. I will mostly wait for the white trendline break for the entry.(though it is now at the resistance trendline , recent bullish candles may delay the down rally)
6. Given the sl , target are extreme levels.....will update after the white line breakdown.
LET THE MARKET DECIDE.....WE WILL WAIT AND WATCH!!!!!
This is just my opinion.....not a tip nor advice.
THANK YOU!!!!!!
Will Bitcoin Test $65000 level soon ?🚨 #BTC/USDT SMC Update and Fresh Analysis 🚨
Our previous short setup played out perfectly with a solid -21% move from the $94,000 region, catching the local top and dumping all the way to $75,000.
What’s next?
From a Smart Money Concepts (SMC) perspective, current PA suggests another local top might be in.
🔹 Bearish Order Block just got tapped
🔹 Strong Resistance seen near the $86,000 level
🔹 Price forming LL (Lower Low) and LH (Lower High) structure
If this setup plays again, we may see a new low below $75,000.
Key Level to Watch:
If a HTF candle closes above $88,200, the short thesis is invalidated — and in that case, we may be looking at a bullish continuation toward the $100,000 zone.
Reminder:
Don’t enter blindly. Wait for confirmations and respect risk management—protect your capital at all costs.
Bitcoin Dumped from our Entry levels and now 8% down#Bitcoin Bearish Flag Update
Price rejected perfectly from $89,000 resistance — our short setup played out with a solid -8% move.
Currently trading around key support at $82,000.
Trend Bias: Bearish below $85,700
Next major support: $75,000–$70,000 zone
Structure still favors further downside unless $85.7K is reclaimed.
Natural Gas Breakdown from the rising trend lineNatural Gas Breakdown from the rising trend line After making high of 408. Natural Gas in reversing downwards and breaking down from the rising trend line with strong volume and
RSI,OBV also breaking down from the rising trend line. which shows strong downtrend
Entry Price < 333.00
Target @ 236.00
Stoploss @ 366.00
XRP Technical Breakdown – 3 Key Gaps Identified!🚨 XRP Technical Breakdown – 3 Key Gaps Identified!
Hey fam! 👇
I just spotted 3 major GAPS on the CRYPTOCAP:XRP Daily Chart, and they could play a crucial role in XRP’s next big move!
Gap Zones to Watch:
1️⃣ GAP 1 – $1.712 to $1.546
2️⃣ GAP 2 – $1.00 to $0.9268
3️⃣ GAP 3 – $0.772 to $0.64
My Take (IMO):
✔️ In this current super bullish market, GAP 1 has a high probability of being filled before the next leg up toward $5+.
However, if we rely purely on Technical Analysis + Fibonacci levels, the chart indicates that GAP 2 & GAP 3 might need to be filled first before a sustainable upside.
Based on the Fib retracement, if CRYPTOCAP:XRP revisits the 0.618 - 0.786 zones, it could create a powerful reversal and bounce setup from there. That’s a key confluence level for long-term holders and swing traders.
High Liquidity Zones = Opportunity Zones!
All 3 GAPs align with areas of high liquidity – ideal for setting strategic buy orders if you're playing the safe accumulation game.
📢 What do you think?
Do you believe Ripple can drop below $1 again before a new ATH?
Let’s discuss – drop your TA in the comments 💬👇
AXIS BANK DOUBLE TOP UNDER FORMATION AND NEAR BREAKDOWN Axis Bank Ltd. Double top or Trendline and consolidation breakdown
to keep on radar
Will it survive and sustain above its support ?
or
Will it Breakdown and slide further down
Lets see how it evolves further
Other points of consideration are
1. RSI on daily taking support at 40 levels
2. Narrowing Bollinger bands forming a rectangular consolidation on daily charts with price trading near lower Bollinger Bands
3. Price slide below lower bands and RSI sliding below 40 on daily chart will make the stock further weak
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to take some position with my own Risk Reward matrix.
ABFRL consolidation breakdown to keep on radarAditya Birla Fashion and Retail Ltd. another consolidation breakdown to keep on radar
1. Price made false / failed breakout of the consolidation zone earlier
2. Price now made a consolidation breakdown on weekly chart
3. RSI on daily chart below 40
4. Double top visible on charts
5. Cypher Pattern under formation on weekly chart
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to take some position with my own Risk Reward matrix.
CESCCESC price distribution is happening on 4 hour chart. it may trying to bounce upto 210 and then next LPSY may be formed and give fresh round of selling.
But pls be caution that wyckoff patterns takes lots of time and they are tough to trade considering the spikes in opposite direction of the trend.
M_MFIN WEAKER CHART STRUCTURE LETS SEE HOW IT SUSTAINSMahindra & Mahindra Financial Services Ltd. an interesting stock with weak chart structure
1. RSI on daily slipped below 40
2. Big Anchor Red Candled formed on the chart with price trading below major moving averages
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to take some position with my own Risk Reward matrix
SUI/USDT Bearish Mode Alert#SUI/USDT Chart Analysis:
NYSE:SUI has broken down from the support trendline and shifted into bearish mode. Expecting a 20-30% retracement from current levels.
Trade Setup:
- Best Short Entry: $1.70 - $1.80
- Targets: $1.42 / $1.00
- Stop Loss: $1.90 (Manage risk accordingly)
⚠️ If Stop Loss hits, we may see a new all-time high.
SMALLCAP100 INDEX SMALLCAP100 losing strength after a continuous run since April'23. It's time to take a long pause if not a stop! Giving about 125% since this period. Just one bad news may trigger sell IMO. Keep booking profit. Any bull-run stops at some time. Just be at the door before party gets over! Its time to protect what is earned!
Industower - Few things happening hereIndustower is currently exhibiting a bearish trend with several concerning signals: a fake breakout, a bearish flag breakdown, and the formation of lower highs. Traders should be cautious as these indicators suggest a potential continuation of the downtrend. The fake breakout implies that the recent upward move lacked genuine strength, while the bearish flag breakdown reinforces the bearish sentiment. Additionally, the pattern of lower highs signals weakening bullish momentum. However, if the stock moves above 440, this bearish view could be invalidated, indicating a potential reversal or strengthening of the bullish trend. Monitoring these factors closely and adjusting strategies accordingly will be crucial.
TechM looks like Head and shoulder in formation!This chart presents a classic Head and Shoulders scenario, which traders should watch closely for confirmation. If the right shoulder forms and the price breaks below the neckline, it could signal the start of a bearish trend, providing an opportunity for short sellers. On the other hand, if the price breaks out above the current resistance, the bullish trend could continue.
In essence, traders should be prepared for both outcomes by monitoring price action around the neckline and key resistance levels while also factoring in volume and other indicators to confirm the pattern's validity.
Nifty at a Glance: This Week's Market MomentumNifty Outlook: A Pivotal Week Ahead
Nifty remains weak as we enter a crucial week. The index faces stiff resistance at 24,450. A close above this level could open the door to 24,725, but failure to hold it may trigger a drop. Key support lies at 24,150; breaching this could lead to a decline towards 23,850.
Adding to the bearish tone, Nifty has broken down from a Rising Wedge pattern, with a potential target around 21,300. This week is critical—watch these levels closely as the market navigates this pivotal phase.