NIFTYNifty has broken structure on the daily timeframe. I’m now waiting for it to collect liquidity and retest the daily point of interest. Looking for confirmation on the one-hour timeframe is a strategic approach to refine the entry.
Chartanalysis
Gold Next Target 2800 and What Next Trump's tariffs?🔍 Chart Context (1H and 15M Combined View)
Trend: Bearish overall structure on the 1H timeframe, with lower highs and lower lows.
Trendline: Clearly respected and just recently tested again (price rejected at the trendline on 1H).
POI (Point of Interest): 3,030 – 3,040 zone acting as a strong supply/resistance zone.
📈 Support Levels:
2,978.949 (key demand/support zone).
2,956.129 (major support level).
📉 Resistance Zones:
✅3,020 area (15M minor supply zone, shaded red).
✅3,030–3,040 (POI level on 1H, shaded blue).
✅3,058.437 (major resistance).
🧠 Price Action Insights-1H Chart:
Price attempted to break the descending trendline but was quickly rejected (marked with a circle).
Multiple rejections from POI level suggest strong seller presence.
Strong bearish candle followed that rejection (confirmation of trend continuation).
15M Chart:
Price bounced from support at 2,978
Quick rally back to ~3,004, stalling below the minor supply at 3,020.
Could be forming a lower high (ideal short setup zone).
📌 Trade Setup Idea:
✅ Trade Type: Short (Sell)
🔽 Entry Zones (Sell Limit Ideas):
Aggressive: 3,020 (near the 15M minor supply zone)
Conservative: 3,030–3,040 (POI level on 1H chart)
🛑 Stop Loss:
Above 3,045 (well above POI and trendline breakout level)
🎯 Targets:
TP1: 2,978.949 (recent support, also previous bounce level)
TP2: 2,956.129 (major support level from 1H chart)
TP3 (Optional Swing): Below 2,950 if momentum continues
⚠️ Risk Management Tip (Beginner-Friendly):
Use position sizing based on your risk appetite (e.g., 1–2% of your account per trade).
Avoid entering late if price already breaks past POI or trendline with strong volume.
📌 Key Beginner Takeaways:
You're identifying liquidity zones, trendlines, and structure: excellent progress!
Use confluence (multiple factors aligning) to enter with higher probability.
Practice this setup in a demo account to gain confidence.
👉 Always follow TP/SL to protect your capital and maximize profits!
Disclaimer: This is for educational purposes only.
Always trade responsibly and manage your risk effectively
XAUUSD Next Move 2800 ? 🪙 FUNDAMENTALS:
✅China on Friday struck back at the U.S tariffs imposed by Trump with a slew of counter-measures including extra levies of 34% on all U.S. goods and export curbs on some rare-earths, deepening the trade war between the world's two biggest economies.
✅ More than 50 nations have reached out to the White House to begin trade talks since Trump rolled out sweeping new tariffs, top officials said on Sunday as they defended levies that wiped out nearly $6 trillion in value from U.S. stocks last week.
✅ Federal Reserve Chairman Jerome Powell said tariffs increased the risk of higher inflation and slower growth, highlighting the difficult path ahead for policymakers at the U.S. central bank
________________________________________
🔍 4H Hour Timeframe Analysis
📊 Trend & Price Action :
• Previous Trend: Clear uptrend inside a rising channel (marked by red lines).
• Recent Price Movement: Price broke down below the ascending channel, signaling trend weakness or possible reversal.
• Strong bearish candles show increased selling pressure recently.
📉 Key Technical Levels:
• Support Zone: Around $2,979–$2,957 (green and grey lines) — price bounced here, showing buyer interest.
• Resistance Zone: Around $3,057–$3,077 — a previous support zone now acting as resistance after the breakdown.
• Moving Averages:
o Red Line (likely 50 EMA): Recently broken down, now acting as dynamic resistance.
o Blue Line (likely 200 EMA): Around $2,990, price tested and bounced — this is often a key support in a trend.
🧠 Interpretation:
• Price broke structure (channel and EMAs), signaling a shift from bullish to bearish bias.
• The bounce from the 200 EMA and support zone suggests a potential short-term retracement or consolidation.
• If price fails to reclaim $3,057–$3,077, sellers may re-enter.
________________________________________
🔍 15-Minute Timeframe Analysis
📊 Trend & Price Action:
• Sharp intraday recovery from the low of around $2,957 to the current $3,033.
• But price is now facing resistance from a supply zone (highlighted in red).
• You’ve marked an Order Block (OB) around $3,125–$3,140 — a zone where institutional selling might have started.
📉 Key Levels:
• Resistance Zones:
o $3,076 (blue line) – likely 200 EMA, strong resistance.
o $3,057–$3,076 – supply area and previous breakdown zone.
o Order Block (OB) near $3,125–$3,140 – strong institutional resistance zone.
• Support Zones:
o $3,000, $2,978, and $2,957 – these are lower supports where price previously bounced.
🧠 Interpretation:
• Short-term, the price is retracing from a heavy drop.
• Watch how price behaves at $3,057–$3,076:
o Rejection = possible short setup.
o Break & close above = retracement could continue toward OB ($3,125).
• The OB is a potential reversal zone, where price could get heavily rejected if tested.
________________________________________
📌 Beginner Takeaways:
Trend is weakening – the uptrend broke, and the market is forming lower highs and lower lows.
Price is trying to recover from key support zones but facing resistance overhead.
Volume is increasing near support — shows interest from buyers but not a confirmed trend reversal yet.
The Order Block is a great place to watch for reversal trades (supply zone = potential sell).
________________________________________
✅ Suggested Actions for Practice:
Mark key support/resistance zones on your own chart to develop your structure-reading skills.
Scenario 1: Short if price rejects at $3,057–$3,076 zone.
Scenario 2: Long only if price closes above $3,077 and holds support.
Observe how price behaves near moving averages and OB zones
.
________________________________________
👉 Always follow TP/SL to protect your capital and maximize profits!
Disclaimer: This is for educational purposes only.
Always trade responsibly and manage your risk effectively
nifty analysis on 04.04.2025 head & shoulderHi, market try to form Head & shoulder pattern in daily time fram ,
This will make or fail depand on other condition like DATA / liquidity/supply-Demand
NO BUY /SELL Recommondation this is for education purpose only.....
Gold Next Move 3200?🔎 15-Minute Chart (Intraday Analysis)
50 EMA as Dynamic Support:
Price is respecting the 50 EMA (red line), indicating bullish strength.
📈 Support Levels:
$3,099 & $3,087 - Strong support zones for a possible bounce.
$3,071 - Deeper support if price pulls back further.
• Current Price Action:
• Price is pushing higher but approaching resistance.
📌 Conclusion: If the 50 EMA holds, price could continue its upward move. If it breaks, we may see a pullback toward $3,099 or lower.
🔎 1-Hour Chart (Short-Term Targets & Ranging Market)
⚠️ Breakout from Ranging Market:
• Price was consolidating in a range around $3,098 - $3,120 before breaking out.
Fibonacci Targets:
• 1st Target: $3,141 (already reached).
• 2nd Target: $3,162 (next potential level).
Support & Resistance Levels:
📉 Resistance: Near $3,141 - $3,162 (Fib targets).
📈 Support: Around $3,098 and $3,087 (marked with red and green lines).
📌 Conclusion: The breakout is bullish, and if price holds above $3,141, it may push toward $3,162. A break below $3,098 could signal a retracement.
🔎 4-Hour Chart (Trend & Key Levels)
Trend: Strong uptrend inside an ascending channel.
Buy Entry & Exit Points:
• A Buy was placed near the lower trendline.
• Buy Exit was taken at a key resistance level before a pullback.
• POI (Point of Interest) Level:
• A demand zone (light blue area) around $2,980 - $3,000, where price previously reacted.
Moving Averages:
• The 50 EMA (red line) is acting as a dynamic support.
• The 200 EMA (blue line) is providing long-term support.
Resistance & Support Levels:
📉 Resistance: Near $3,150 (upper trendline).
📈 Support: Around $3,059 and $2,980 (marked green lines).
📌 Conclusion: Price is moving towards the upper trendline. If it breaks, we could see more bullish momentum. If rejected, a pullback toward POI is likely.
🔹 Overall Market Summary & Trading Plan
✅ Bullish Bias: Price is in an uptrend on multiple timeframes.
✅ Next Resistance: $3,150 - $3,162 (watch for rejection or breakout).
✅ Pullback Zone: $3,098 - $3,087 (potential buy area).
🚨 Risk Management: If price breaks below $3,087, a deeper retracement may occur.
📌 Trade Idea:
🟢 Long Entry: On pullbacks to $3,098 - $3,087.
🎯 Target: $3,150 - $3,162.
❌ Stop Loss: Below $3,071 for risk control.
👉 Always follow TP/SL to protect your capital and maximize profits!
Stay tuned for updates once the confirmations are in place!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
📢 Best Regards , Silver Wolf Traders Community
Disclaimer: This is for educational purposes only.
Always trade responsibly and manage your risk effectively
AUD/PLN Trade Setup: Bullish Reversal & Target ProjectionAUD/PLN Technical Analysis & Trade Setup
Chart Overview:
Currency Pair: Australian Dollar (AUD) / Polish Zloty (PLN)
Timeframe: 30-minute chart
Indicators:
200 EMA (Blue): 2.44075
30 EMA (Red): 2.44113
Key Levels & Strategy:
Support & Resistance:
Major Support Zone: Around 2.42932 (Stop Loss Area)
Intermediate Resistance: Near 2.44228
Target Resistance (Take Profit): 2.45997
Trade Projection:
The price recently bounced off the support zone (purple).
A possible retracement and retest of resistance before a strong upward move.
Targeting 0.97% profit potential from 2.44228 to 2.45997.
Entry Strategy:
Confirmation of support hold at 2.44075 - 2.44228.
If price respects this zone, a bullish continuation is expected.
If support fails, price may revisit the stop-loss area (2.42932).
Conclusion:
If price sustains above 2.44113, a bullish move is expected.
Watch for a breakout above resistance for a confirmed long entry.
A drop below 2.42932 would invalidate the setup.
Bitcoin (BTC/USD) Trade Setup: Potential Reversal & Target Proje200 EMA (Blue): 86,960.21
30 EMA (Red): 86,149.39
The price is currently below both EMAs, indicating a short-term bearish trend.
Key Levels:
Stop Loss: 83,954.20 (marked in blue at the bottom)
Re-entry Level: 86,198.54 (near the 30 EMA)
Target Price: 89,056.91
Support & Resistance Zones:
Strong Support Zone: Around 83,954.20
Intermediate Resistance: Near 86,198.54
Major Resistance Zone: Close to 89,056.91
Trade Setup & Projection:
The chart suggests a potential reversal from the support zone.
The expected price movement shows a bounce from support, a breakthrough of the intermediate resistance, and a push toward the target price (89,056.91).
The expected gain is 4,509.86 points (5.34%).
Conclusion:
If BTC holds the support zone, an upside move is likely.
Breaking above 86,198.54 would confirm a bullish reversal.
Failing to hold support at 83,954.20 could lead to further downside.
GBP/USD Trade Analysis: Bullish Reversal from Support ZoneExponential Moving Averages (EMAs):
200 EMA (Blue) at 1.29309: Represents the long-term trend.
30 EMA (Red) at 1.29122: Represents the short-term trend.
Price is currently below both EMAs, suggesting a bearish trend.
Support and Resistance Zones:
Resistance Zone (Purple at the top): Price previously reacted strongly at this level.
Support Zone (Purple at the bottom): A potential demand area where price is currently bouncing.
Trade Setup:
Entry Point: Near 1.28875 (highlighted on the chart).
Stop Loss: Set around 1.28714-1.28856, below the support zone.
Target Point: 1.29730, above the resistance and near the 200 EMA.
Risk-to-Reward Ratio: The setup aims for a higher reward than risk.
Trade Idea:
Bullish Reversal Trade: The price is reacting at a support zone, and the target aligns with a previous resistance level.
A confirmation (strong bullish candle or break of 30 EMA) could indicate a move toward 1.29730.
EMA Crossover Watch: If the 30 EMA crosses above the 200 EMA, it may confirm a stronger uptrend.
Potential Risks:
If price breaks below 1.28714, the bullish idea is invalid.
Resistance at 1.29309 (200 EMA) could slow the move upward.
Gold Next Move 3100?4-Hour Chart (Mid-Term View)
🔑 Key Observations:
Uptrend Remains Intact:
Price is still above the 50 EMA, indicating continued bullish strength.
Key Resistance at $3,038:
A break above this level could trigger further upside momentum.
Support Levels:
$3,011 and $3,007: First support zone.
$2,983: Stronger support.
Potential Scenario:
Bullish Breakout: If price breaks above $3,038 , the next target would be $3,048 and beyond.
🔸 Failure to Breakout : If rejected at resistance, price might retrace to $3,011 or lower.
1-Hour Chart (Short-Term View)
🔑Key Observations:
✅ Ranging Market: Gold is consolidating within a horizontal range between $3,009 and $3,037, forming a sideways movement.
✅ Ascending Trendline : The price is gradually increasing with a rising trendline acting as dynamic support.
🔸Key Resistance Levels:
$3,037-$3,048: Strong resistance zone.
All-Time High Above $3,057.5: Major resistance if the price breaks above $3,048.
✅Support Levels:
🔹$3,021 - 3,009: Key intraday support zone.
🔹$3,004 and $2,985: Stronger support zones below.
Moving Averages:
Price is above the 50 EMA (red line), indicating bullish strength.
The 200 EMA (blue line) is far below, showing overall long-term bullish sentiment.
💡 Potential Trade Setup:
🔹Breakout Strategy: A breakout above $3,037-$3,048 could lead to new highs.
Range Trading: If the price remains within the range, traders can buy near support ($3,009) and sell near resistance ($3,037-$3,048).
15-Minute Chart (Intraday/Scalping View)
🔑Key Observations:
Recent Breakout Attempt: Price has tested the $3,030-$3,038 resistance zone.
200 EMA & 50 EMA Cross:
The red (50 EMA) is above the blue (200 EMA), signaling bullish sentiment.
Support Zone Identified (~$3,007-$3,022):
Price reacted strongly from this level, indicating strong buyer demand.
Trade Plan for Scalpers:
✅ Long Entrie s: Look for pullbacks near $3,022 with stop-loss below $3,007.
✅ Short Entries : If price rejects $3,038, look for short trades targeting $3,022 or lower.
🌟 Final Conclusion & Trading Plan:
📌 Bullish Scenario:
🔹A break above $3,038 will confirm a bullish breakout.
🔹Potential target = $3,048, then all-time high $3,060+.
🔹Best strategy: Buy the breakout with proper stop-loss below $3,022.
📌 Bearish Scenario:
If price fails to break $3,038, expect a pullback to $3,011 - $3,007.
Possible short opportunities below $3,007 targeting $2,983.
📌 Neutral/Ranging Market:
Until price breaks $3,038 or drops below $3,007, expect sideways movement.
🔹 Recommended Trading Approach:
✅ Breakout traders: Watch for a confirmed break and retest above $3,038.
✅ Range traders: Buy near $3,009-$3,022 and sell near $3,038.
✅ Scalpers: Look for quick trades within the range of $3,007 - $3,037.
📉 Risk Management:
🔸 Keep a stop-loss below $3,007 if buying.
🔸 Keep a stop-loss above $3,038 if shorting.
👉 Always follow TP/SL to protect your capital and maximize profits!
Stay tuned for updates once the confirmations are in place!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
📢Best Regards , Silver Wolf Traders Community
Disclaimer: This is for educational purposes only.
Always trade responsibly and manage your risk effectively
Infosys (INFY) Stock Forecast – March 2025Infosys (INFY) Stock Forecast – March 2025
Current Price: ₹1,619.50
Timeframe: Monthly Chart (1M)
Technical Analysis & Forecast
1. Trendline Support: The stock is currently testing a key trendline support on the monthly chart.
2. Breakdown Possibility: If INFY closes below this trendline, it may head towards the ₹1,400 level, aligning with the S2 support zone.
3. Resistance Levels: The recent rejection from ₹1,850-1,900 suggests strong selling pressure at those levels.
4. Market Structure:
Lower highs (LH) formation indicates a possible bearish continuation.
Change of character (ChoCH) signals uncertainty in trend direction.
5. Indicators:
Moving Averages: INFY is testing its long-term moving averages. A break below these could accelerate the downside.
Volume & Momentum: Selling pressure has increased, and bulls need to reclaim key resistance levels for a recovery.
My View
INFY is taking trendline support this month. If this support is broken, we can expect ₹1,400 as the next downside target. However, if buyers defend this level, a rebound towards ₹1,750 is possible.
Disclaimer
This analysis is for educational and informational purposes only. It is not financial advice. Please conduct your own research or consult with a professional before making any trading decisions.
Gold (XAUUSD) 3100 Or 2900 ?🔍 15M Chart Analysis
📊 Trend: Ranging market
🔑 Key Levels:
✅All-Time High Zone ($3,057) – Major resistance
✅Support at $3,006-$3,010 – Key demand area
✅Current Range: $3,020 - $3,035
🚨 EMA Analysis:
✅ Price is fluctuating around the 50 EMA and 200 EMA, confirming consolidation.
Conclusion:
✅Market is in a ranging phase; a breakout above $3,035 could push the price toward the all-time high.
✅A drop below $3,020 could see price testing $3,006 support.
🔍 1H Chart Analysis
📊Trend: Short-term bearish to neutral
🔑 Key Observations:
✅Descending trendline (Orange Line) was broken, indicating potential bullish recovery.
✅POI Level ($3,006-$3,007) – Strong demand zone, price bounced from here.
✅Resistance Area ($3,035-$3,040) – If price reaches here, sellers may step in.
🚨 EMA Analysis:
✅Price broke above the 50 EMA (Red Line), indicating early bullish momentum.
200 EMA (Blue Line) still below, confirming overall bullish trend.
Conclusion:
✅If price sustains above the trendline breakout, next target would be $3,035-$3,040 resistance zone.
✅A rejection from the current level could push the price back to $3,006 POI.
🔍 4H Chart Analysis
📊Trend: Bullish (Price above 50 EMA & 200 EMA)
🔑 Key Support Levels:
✅$2,983 – Previous support level
✅$2,957 – Strong support zone
✅$2,930 – Near the 200 EMA, potential major support
Key Resistance Levels:
✅$3,022-$3,023 – Immediate resistance zone
🚨 EMA Analysis:
✅50 EMA (Red Line) is acting as dynamic support, price is currently hovering around it.
✅200 EMA (Blue Line) far below, indicating strong bullish momentum.
Conclusion:
✅As long as price holds above the 50 EMA, bulls remain in control.
✅A break below 50 EMA could lead to a retest of $2,983 or $2,957 support zones.
Overall Summary & Trade Ideas
✅ Bullish Bias on higher timeframes (4H), but short-term market is ranging (15M).
📌 🔑 Key Levels to Watch:
Above $3,035 → Bullish breakout towards $3,050+
Below $3,020 → Bearish pressure towards $3,006
⚠️ Trading Plan:
🔵For Long Positions : Buy above $3,025 with a target of $3,040-$3,050.
🔵For Short Positions : Sell below $3,020, targeting $3,006.
Wait for a breakout from the range for a clearer trade setup.
👉 Always follow TP/SL to protect your capital and maximize profits!
Stay tuned for updates once the confirmations are in place!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
📢Best Regards , Silver Wolf Traders Community
Disclaimer: This is for educational purposes only.
Always trade responsibly and manage your risk effectively
HUDCO another fall?If that's an AB=CD pattern, still worse to come for HUDCO.
Bearish invalidation above 209-210 zone.
Analysing this stock for a sell/buy opportunity based on the breakout/rejection at this level of bearish invalidation.
Gold (XAU/USD) Next Possible Move?
🔍 4-Hour Chart Analysis:
Trend: The price was in an uptrend, but a potential reversal has formed.
✅Key Bearish Signal: The presence of an Evening Star candlestick pattern at resistance (~$3,038) signals a potential trend reversal.
✅ Moving Averages:
✅ 50 EMA (Exponential Moving Average): The price is testing this level as support.
✅ 200 EMA : Positioned lower, suggesting that the long-term trend is still bullish, but short-term weakness is visible.
📉 Support Levels:
✅$3,005 (Minor Support)
✅$2,981 (Stronger Support)
📉 Resistance Levels:
✅$3,038 (Key Resistance)
🔹 Summary:
The formation of an Evening Star at resistance suggests a potential downtrend unless the price strongly holds above the 50 EMA. A breakdown of $3,005 could accelerate selling toward $2,981.
🔍 1-Hour Chart Analysis:
📊Key Observations:
Trendline Resistance : A descending trendline is pushing prices lower.
50 EMA Resistance : Price is failing to break above the 50 EMA, confirming selling pressure.
🚨 200 EMA Support : Price is holding above the 200 EMA, acting as a dynamic support.
🚨 Point of Interest (POI) Zone : The blue-shaded area is a key demand zone, where buying pressure might increase.
🚨 Fair Value Gap (FVG) Below: There’s an imbalance below $2,981, which price may fill before rebounding.
🔹 Summary :
If the 200 EMA support at $3,002 fails, a move toward the FVG zone near $2,981 is likely. A break above the trendline resistance and 50 EMA would signal a possible bullish reversal.
🔍 15-Minute Chart Analysis:
📊Key Observations:
📉 Bearish Crossover: The 50 EMA crossed below the 200 EMA, a bearish sign indicating selling pressure.
📉 Lower Highs Formation : Price is making lower highs, respecting the trendline resistance.
📉 Support Zone Holding : The blue POI level is still acting as a temporary support.
🔹 Summary:
The short-term momentum is bearish, as indicated by the EMA crossover and trendline rejection. However, if buyers step in at the POI level, a short-term bounce may occur. If support at $2,999-$3,002 breaks, expect further downside.
📌 Trading Plan & Key Levels to Watch
🟢 Bullish Scenario:
A break above the trendline and 50 EMA (~$3,020) could lead to a push toward $3,038.
A strong bounce from $2,981 (support level) could provide buying opportunities.
📍 Bearish Scenario:
A break below $3,002 (200 EMA support) may trigger a move toward $2,981.
If $2,981 breaks, the price could target the FVG area ($2,955 - $2,930).
📉 Conclusion
Short-Term Trend: Bearish unless the price reclaims $3,020+.
Key Support: $3,002, $2,981
Key Resistance: $3,020, $3,038
Strategy: Watch for a breakout above trendline for bullish confirmation or a break below $3,002 for bearish continuation.
👉 Always follow TP/SL to protect your capital and maximize profits!
Stay tuned for updates once the confirmations are in place!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
📢 Best Regards , Silver Wolf Traders Community
Disclaimer: This is for educational purposes only.
Always trade responsibly and manage your risk effectively
Bitcoin (BTC/USD) Short Trade Setup – March 15, 2025This is a Bitcoin (BTC/USD) trading setup on a 30-minute timeframe from TradingView. Here's a breakdown of the analysis:
📌 Entry Price: 84,375
📌 Stop Loss: 85,500 (Red Zone - Risk Area 🚨)
📌 Take Profit Levels:
TP1: 83,429
TP2: 82,640
Final Target: 81,259
🔍 Analysis:
The trader is setting up a short position (expecting BTC to decline).
Risk-to-Reward Ratio (RRR) seems favorable, as the target is much lower than the stop loss.
If BTC drops below 83,429, further declines toward 81,259 are expected.
If BTC breaks above 85,500, the trade is invalidated.
🛑 Conclusion:
A bearish trade setup looking for BTC to decline. 📉
Watch for confirmation of downward movement before entering.
Gold On Monday💡Gold could breach $3,000 level soon, analyst says
💡Trumpdeclinedto predict if U.S. could face a recession
💡U.S. CPI data on Wednesday, PPI data on Thursday
15-Minute Chart Analysis
Key Zones:
Order Block (OB) at $2,895 - $2,900 – Strong demand zone
Order Block (OB) at $2,925 - $2,930 – Strong supply zone
Fair Value Gap (FVG) at $2,918 - $2,922 – Potential retracement area
📊Price Behavior:
Price is currently consolidating below the FVG area, which often acts as a magnet for price action.
📊 Conclusion: A potential bullish move may occur if price reclaims the FVG zone, targeting the OB at $2,925. Conversely, a break below $2,895 may trigger further downside pressure.
🔍1-Hour Chart Analysis
Key Resistance Levels:
$2,924 – Immediate resistance zone
$2,942 – Strong resistance with previous rejection
Key Support Levels:
$2,879 – Key support zone
$2,863 – Critical support below
Price Behavior: The market is moving in a consolidation phase, with multiple rejections from the resistance at $2,924.
Conclusion: The market is currently indecisive, consolidating between $2,900 and $2,924. A breakout in either direction may signal the next move.
🔍 4-Hour Chart Analysis
Key Resistance Levels:
$2,954 – Significant resistance zone
Key Support Levels:
$2,880 – Intermediate support
$2,846 – Major support zone
Market Condition: The market is clearly in a ranging phase between $2,880 and $2,925. This suggests indecision and a potential breakout on either side.
Conclusion: The range-bound structure favors breakout strategies. Monitoring volume and price action near these levels is crucial.
Trading Strategy Considerations
📌 Bullish Scenario
✅Wait for a breakout above $2,924 with strong volume confirmation.
📍Target: $2,942 or higher.
❌Stop Loss: Below $2,911 to manage risk.
📌 Bearish Scenario
✅Watch for a rejection at $2,924 or a breakdown below $2,900.
📍Target: $2,880 or lower.
❌Stop Loss: Above $2,924 for protection.
👉 Always follow TP/SL to protect your capital and maximize profits!
Stay tuned for updates once the confirmations are in place!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
📢Best Regards , Silver Wolf Traders Community
Disclaimer: This is for educational purposes only.
Always trade responsibly and manage your risk effectively
KAMATHOTEL |Upcoming Trade set up|Hey Family, there is a one more stock Which is showing a great opportunity.
Key Points:-
* Formation of Range Bound Pattern in Daily TF.
* From Apr 2024 to Mar 2025 Tested & Moving Near Resistance Many times.
* It's Near resistance Zone and trying to Break Resistance Zone with good volume good closing required.
* Volume Accumulation (Volume is Rising).
* Got many DM about not uploading the idea those who want to trade and risk the capital they can take this risky trade. We have held off on publishing ideas on TradingView due to the bearish market trends observed over the past months.
What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Coforge-A perfect watchlist stock!Coforge is an IT services company providing end-to-end software solutions and services and is among the top-20 Indian software exporters according to Screener data. Stock has give 20% compounded sales growth in last 5 years which is quite remarkable.
Hence, It can be a good stock to be kept in watchlist for medium to long term.
Stock had given breakout of cup and handle pattern in weekly time frame and is now retesting the same.
Stock has formed a kind of morning star pattern at the retest support zone. Need to watch if it sustains above this zone.
As you can see, retest zone also coincides with 50% fib retracement which makes it even stronger.
If we see good buying in this stock from here, we can see ATH levels soon and even bigger levels in coming years.
However, If stock goes below 61.8% retracement, it is not advisable to hold.
Breakdown in NIFTY...Nifty has broken it's channel support line (Lower Channel Level) on weekly closing basis. Nifty's next two support after breakdown are marked with green lines.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
GBPNZD - Channel Boundaries in Play! What’s Next?The weekly chart of GBPNZD shows price action respecting an ascending channel structure. The pair has been moving within a well-defined ascending channel since early 2023.
GBPNZD weekly chart highlights price action within an ascending channel structure with key levels in play. Watch for bullish opportunities near the support zone at 2.1400–2.1800 or bearish continuation if price breaks below this zone. What’s your bias? Let me know in the comments! #GBPNZD #Forex #TechnicalAnalysis
Disclaimer:
This analysis is for informational purposes only and should not be considered financial advice. Forex trading involves significant risk of loss and may not be suitable for all investors.
BEML - Confluence of Supports Suggests a Potential Reversal!The weekly chart of BEML indicates a potential reversal as the stock approaches a critical confluence of support levels. After a significant correction from its all-time high, the price is now testing key technical levels that could act as a strong base for a bullish reversal.
Key Observations:
1. 200-Week EMA Support:
- The price is currently hovering near the 200-week EMA, which has historically acted as a strong dynamic support zone in trending markets.
2. Fibonacci Retracement:
- The stock is approaching the 0.618 Fibonacci retracement level, which is widely regarded as a golden ratio for potential reversals during corrections.
3. Potential Bullish Reversal:
- If the stock holds above this critical support zone, it could initiate a reversal toward higher levels.
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Let me know your thoughts in the comments! #BEML #TechnicalAnalysis #SwingTrading"
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Disclaimer:
This analysis is for informational and educational purposes only and does not constitute financial advice. Trading involves risk, and past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
TCPL Packaging Ltd - Breakout Setup, Move is ON...#TCPLPACK trading above Resistance of 2747
Next Resistance is at 3613
Support is at 2365
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
USOIL Chart analysis for Friday 21 Feb 25 Session 15M TFUSOIL last session closing was at 72.578 and made a high of 73.123 after studying it in higher TF i think if price comes downward then it's First Support Range is 72.188-72.343 if this range works as good support then we can see price upward movement from this range of support if it'll not sustain then Major Support Range is 71.791-71.952 it is good support it should sustain the price if it comes towards it in case it breaks then we can see bearish movement for the day , these support levels should work if we take a look in higher TF and our Trend Reflector also indicates bullish sentiment look for reversal price action if price comes to these levels , in case it breaks resistance zone of 73.000- 73.123 then we may get the level of 73.750 which is the next resistance , it's very clear look for bullish entry until major support breaks, it seems bullish for the day.
USOIL Chart Pattern for upcoming session's 15M TFWith accordance to 4H TF USOIL should fall to 71.500 to 71.200 with ease in this session but if we take a look to Daily TF we may see a price upper side when it touches 71.65-71.750 ,i've analysed it bit more it looks like if it goes to 71.500 then we should wait for 71.350 level to break and close below it and then short till 70.600 but in case it takes rejection at level of 71.350 - 71.500 then we can see 73.000 as our next target .
