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Nifty 50 | Head &Shoulders Pattern – A Breakdown Ahead?Hello everyone! I hope you all are doing great in life and in your trading . Today, I have brought an in-depth analysis of Nifty 50, focusing on a powerful Head & Shoulders pattern that is currently forming on the charts. This pattern is known for signaling a bearish reversal, which increases Supply in the market pushing prices downside. If this pattern plays out as expected, we could witness a strong Downside move in the coming sessions. Currently nifty is trading at 23,340 levels Where previously buyers had shown interest pushing the market gap up following this pattern is selling pressure these buyers could Exit their position Pushing prices to 23,232 (Target 2) and 23,134 (Target 3). Disclaimer:-This analysis is for educational purposes only. Please trade responsibly and consult a financial advisor before making any decisions. If you found this analysis helpful, don’t forget to like, follow, and share your thoughts in the comments below! Your support keeps me motivated to share more insights. Let’s grow and learn together—happy trading!
NSE:NIFTY
by REUBEN_EUSTACE
NIFTY 50 I Falling Wedge Pattern + Bulllish Divergence Nifty 50 Index is currently trading within a very important zone in simple words called area of interest Usually consisting of demand or supply zone. This level has acted as a solid base for the index. The NIFTY 50 index presents a promising opportunity to initiate long positions at these levels (CMP23,000), Aligning well with the risk reward ratio and making it a favourable entry point for traders looking for Taking advantage of the upcoming trend. The index has shown a pattern of forming lower highs and lower lows, which indicates a downtrend. However, the Relative Strength Index (RSI) is showing a contrasting pattern of higher highs and higher lows. This divergence between price action and RSI suggests a potential shift in momentum and a possibility of a short covering rally. Adding to this I see a falling wedge pattern which is a bullish signal suggesting an upward price movement which typically appears in a downtrend and often seen as a bullish Reversal pattern. The analysis holds true when price close above 23,824 - daily timeframe. While entering on current levels also has good opportunity of risk reward ratio, I suggest looking for a pin bar candle on today's close will Confirm Market picking support from the levels . Conversely if nifty 50 index continues to recover, We could see a push towards 24,200 and 24,800 Which represent key Resistance areas. A good breakout above these levels likely signal Continuation of bullish trends in the indian markets.
NSE:NIFTYLong
by REUBEN_EUSTACE
2
BTC#15: BTC Bottomed Out or Still Falling? Detailed Plan💎 💎 💎 So BINANCE:BTCUSD continues to return to the 96K support zone. However, the price reaction this time is different. We continue to plan for BINANCE:BTCUSDT 💎 💎 💎 1️⃣ Macro Perspective 🔹Oklahoma Bitcoin Reserve Bill: If passed, this could be a big step towards legitimizing Bitcoin as a reserve asset, especially in the context of the US's still hesitant attitude towards crypto. 🔹Former Treasury Secretary Summers warns of inflation: This means the Fed could keep interest rates high longer or even increase them again. High interest rate environments are generally not favorable for risky assets like crypto. 🔹Hong Kong confirms BTC & ETH as investment-proof assets: This is a bullish signal as it promotes legitimate investment flows into crypto. 2️⃣ BTC Technical Analysis 🔹 **D Frame** (Daily) The bears control the SW (supply zone) area, which confirms the short-term downtrend. Yesterday's candle closed strongly bearish, showing that selling pressure is still strong. 🔹 **H4 Frame**: The price is retesting the support zone but the buying force is weakening, confirming that the market sentiment is no longer in favor of continuing to pump up. It is likely that if BTC has a recovery, it will only be a recovery wave to create momentum to break the support zone below. 🔹 **H1 Frame**: - The price returns to the downtrend channel → the SELL strategy has an advantage in the short term. - The 94~96K zone may be broken soon, so it is necessary to monitor the price reaction when the price approaches this zone. 3️⃣ Trading strategy ✅ Priority plan: Look for SELL opportunities Potential entry zone: 94K - 96K (there may be a slight rebound to clear stop loss before breaking down). Target: 89K - 90K (next strong support). Stop-loss: Above 97K (if the price breaks up strongly, the bearish scenario will be negated). ⛔ Do not prioritize BUY at this time The market structure does not support the bulls. If you want to BUY, you need to wait for a clearer reversal confirmation signal at the 89K support zone 💪 **Wishing you successful trading!**💪
by TonyL0ng
Gold Technical Analysis, February 12 📊The gold daily chart closed with a medium bearish candlestick featuring a long upper shadow, indicating strong selling pressure at higher levels. Today, we will focus on whether this negative line can continue the downward trend. If the price falls further, a periodic high will most likely have been formed. Whether it breaks the high in the future needs to be confirmed by subsequent trends. From the trend structure, the gold price rebounded after stepping back on the four-hour short-term moving average several times in the early stage, and rose again, but the current daily continuous positive structure has been destroyed, and the probability of breaking down has increased. Therefore, before the European session, we need to focus on the gains and losses of the 2880 support. 📊From the 4-hour chart, yesterday's retreat to the middle track of the Bollinger Bands received certain support, rebounded to the 2908 line under pressure, and closed lower at the end of the day, indicating that the short-term bulls are insufficient and the market has entered a high-level shock correction stage. At the same time, with the space retreat, the structure has changed. Combined with the trend of the daily line rushing up and falling back, there is still a lot of room for further adjustment. In addition, the MACD indicator shows a top divergence, indicating that gold has a strong demand for adjustment. Due to the large base of recent fluctuations, the profit space for this round of adjustment may be considerable. 📊In the short term, the gold 1-hour moving average is about to form a death cross. If the death cross is established, gold will fall further. The early rebound to the 2900 line failed to break through the pressure, indicating that short-term bears are still dominant. In terms of trading strategy, we can go short on rallies after rebounding to the 2895-2898 area. 🔴Upper resistance level: - First: 2898-2900 - Second: 2908-2912 -Third: 2920-2925 🟢Lower support level: - First: 2882-2880 - Second: 2862-2852 -Third: 2842-2838 ✅Yesterday's trading was perfect! We accurately captured the low point of the market, and the long orders almost went all the way from the lowest point to the highest point, steadily reaping a generous profit of nearly 200 pips. This is not only an accurate grasp of the market rhythm, but also a perfect embodiment of strategy execution. ✅During the trading process, we recommend the use of pyramid positions to steadily expand profits, while strictly controlling risks, so that profits can run while keeping funds safe. Today, we will still keep up with the market rhythm during the trading session to ensure that every entry is accurately judged and fully analyzed, and every transaction is done with confidence, striving to maximize every profit and make trading more calm and controllable!
OANDA:XAUUSD
by GoldMasterTraderX
Mastering the Double Top Pattern: A Guide to Profitable Trades!Hello everyone! I hope you're all doing great in life and in your trading journey. Today, I bring an educational post on Double Top Pattern —a crucial chart pattern that every trader must understand. Whether the market is rising or falling, recognizing key patterns like the Double Top can make all the difference in your trading success. Let’s break down how to spot it, trade it, and the opportunities it provides! What is the Double Top Pattern? Double Top is a bearish reversal pattern that typically forms after an uptrend. It consists of two distinct peaks at roughly the same price level, followed by a decline as the price fails to break through resistance. This is your cue that the market could be ready for a downtrend. Identifying the Double Top Pattern Peak 1 & Peak 2: The first and second peaks should be nearly identical in price, signaling that the market is struggling to break through a certain resistance level. Neckline: The line connecting the lowest point between the two peaks. This is crucial because once the price breaks this level, the Double Top pattern is confirmed. Volume Analysis: Watch for decreasing volume during the formation of the second top and an increase in volume when the price breaks the neckline. This volume confirmation is key to spotting a reliable breakout. How to Trade the Double Top? Entry Point: Once the price breaks below the neckline (support), this signals the start of the downtrend, making it the ideal point to enter a short position. Stop Loss: Protect yourself by placing a stop loss just above the second peak. This will shield you from potential false breakouts and unexpected reversals. Target 1 (First Target): Measure the distance between the peaks and the neckline. The same distance can be projected downward from the breakout point to estimate the first price target. Target 2 (Second Target): A secondary target can be calculated by extending the projection of the first target or using additional tools like Fibonacci retracements to set more precise exit points. Key Takeaways for Success: Volume Matters: A valid Double Top pattern is confirmed when the price breaks the neckline with strong volume. Don’t Ignore Confirmation: Use indicators like RSI or MACD to back up the pattern. A confirmed downtrend ensures higher chances of success. Trend Context is Crucial: Double Tops are most effective after a strong uptrend. The market's general trend should support a bearish reversal for the pattern to be reliable. Example: A Double Top in Action In the chart above, we can see a textbook example of the Double Top pattern. The price hits resistance twice and then breaks the neckline, signaling a potential bearish move. Keep an eye on the volume spikes and adjust your entry/exit strategy accordingly. Ready to Trade the Double Top? Make sure to look for the right conditions, and practice your strategy with a demo account before trading live. The Double Top can be a highly profitable setup when traded with patience and discipline! If you found this post helpful, don’t forget to hit the like button! Feel free to drop a comment with your thoughts or experiences regarding the Double Top pattern. Have you traded it before? How did it work for you? Let’s discuss and share insights!
NSE:HDFCBANKEducation
by TraderRahulPal
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall. Trendline Breakout in GOKUL BUY TODAY SELL TOMORROW for 5%
NSE:ECLERX
by Kapil-Mittal
3
Seeing a Bitcoin Range so different from previous Using Fib extFor me, this could start ringing an alarm bell. I am still Bullish long term but his could be an early warning of an upcoming deeper Dip that th-20% we getting used to - There again, it may not. We will only find out as and when it happens, as always BUT. The pervious 2 main ranges we have had this cycle have been in a Range between the 1 and 2 Fib extensions being the upper Trend line of range and the 618 just below them as ultimate support. This is very clear on the chart But this time, we are being rejected by the 618, the 2.618 to be exact. PA did not have enough moemntum to reach the 3 Fib extension. As I have mentioned a number of times, We are Overbought on the MACD. So, is this a problem ? Not if we range enough and that weekly MACD cools down Otherwise, a sharper Drop could happen, we need to watch this BUT what I find interesting, is that GOLD is currently Also being rejected by its own 2.618 Fib extension. Interesting to see how Gold has also used those Key fib extensions. The Heavyweight has moved fast recently Teh question is, Which is following Which. We reached the 2.618 first, Months ago in fact. Watch Gold, it DOES give us Views on the Market
by Orriginal
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Consolidation Breakout in KIRIINDUS BUY TODAY SELL TOMORROW for 5%
NSE:KIRIINDUS
by Kapil-Mittal
7
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Resistance Breakout in DCAL BUY TODAY SELL TOMORROW for 5%
NSE:DCAL
by Kapil-Mittal
2
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Trendline Breakout in JSLL BUY TODAY SELL TOMORROW for 5%
NSE:JSLL
by Kapil-Mittal
2
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Trendline Breakout in JYOTICNC BUY TODAY SELL TOMORROW for 5%
NSE:JYOTICNCLong
by Kapil-Mittal
2
NIFTY- Intraday Levels - 13th and 14th February 2025As levels are for next two days adding all the possible and important levels. If NIFTY sustain above 23087 to 23097 above this bullish around 23135 above this more bullish then 23228 the 23273 to 23283 then around 23350 to 23370 next levels are on chart If NIFTY sustain below 23022 to 23000 below this bearish then 22989 to 22882 below this more bearish then around 22813 then 23735 then 23704 to 23686 next levels are on chart My view (for your study and analysis only, also conside my analysis could be wrong and to safegaurd the trade risk management is must) Probably sell on rise. Consider some buffer points in above levels. Please do your due diligence before trading or investment. **Disclaimer -  I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk. Thank you.
NSE:NIFTY
by PrashantTaralkar
4
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Trendline Breakout in VIJAYA BUY TODAY SELL TOMORROW for 5%
NSE:VIJAYA
by Kapil-Mittal
4