Economic Cycles
How to draw Curve line with Fib Time Zone ToolThe Fibonacci Time Zone tool in TradingView is a technical analysis drawing feature that plots a series of vertical lines along the time (horizontal) axis of a price chart. These lines are spaced according to the Fibonacci sequence (starting with 0, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, etc.), where each subsequent number is the sum of the two preceding ones. Unlike price-focused Fibonacci tools (e.g., retracements or extensions), this tool ignores price levels entirely and focuses solely on time intervals to forecast potential market turning points. It is typically drawn by selecting two points on the chart—often a significant swing high or low as the starting point (time 0)—and then extending lines to the right at Fibonacci-based intervals. The first few lines (e.g., 1, 2, 3) often cluster closely and are less reliable, so traders commonly start analyzing from the 5th or 8th zone (13 or 21 periods ahead) for more spaced-out projections.
Key Benefits of the Fibonacci Time Zone Tool in TradingView
This tool adds a temporal dimension to technical analysis, complementing price-based indicators by helping traders anticipate when significant events might occur rather than just where in price.
The Curved Line tool in TradingView allows users to draw smooth, freeform curves on a chart to connect price points, highlight trends, or mark custom patterns. Unlike straight lines (e.g., trendlines or channels), the Curved Line adapts to non-linear price movements, offering flexibility to trace organic patterns like arcs, parabolas, or irregular price paths. It’s accessible via the drawing tools menu and can be customized with colors, thickness, and styles (e.g., solid or dashed). Traders use it to visualize patterns that don’t fit rigid geometric shapes, such as rounded tops/bottoms or complex wave structures.
Key Benefits of the Curved Line Tool in TradingView
The Curved Line tool provides unique advantages for technical analysis by accommodating the non-linear nature of price action. Below are its primary benefits:
Visualizing Non-Linear Price Patterns:
Benefit: The tool excels at mapping curved price movements, such as rounded tops/bottoms, parabolic trends, or smooth reversals, which straight trendlines can’t capture accurately. For example, during a parabolic run in a stock or crypto chart, a curved line can trace the accelerating trend better than a straight line.
Nifty - Elliot Wave Counts - Update (Neutral)In our last post we discussed that in short term 25700 is the target and if we cross that, then Leading diagonal gets invalidated and hence we look for much higher levels.
Last post:
Thankfully, we didn't get out in shakeouts and rode the entire move till +25600
Now, unfortunately we did not cross 25700 and hence the chance of Wave 1 or something else ending at 25670 became stronger.
As of now, we are at a place where there is a lot of confusion. I see a 5th up pending in wider indices, but Nifty seems done.
So, is there a possibility that other indices go up, while Nifty just does a pullback as part of the correction and not make a new swing high?
A few charts for reference:
Nifty Smallcap:
Nifty 500:
That's about the counts : From other technicals perspective the move looks very similar to Sep 2022 - March 2023 period. But where in that period are we?
PA (point A)Oct 2022 - where one more high till Dec 2022 is left?
or
PB - Feb 2023 - where we just get a pullback and drift lower?
(I have marked green arrows on RSI charts to show the reference)
So, what do we do in such case?
Ditch nifty, play stocks. Lot of stocks looking good - starting 5th up (Just browse through and you'll find many making similar structure as SmallCap index)
(Hint - Defence, Realty, Autos, Metals, Pharma)
All the best!
I will share updates, if I get more clarity on Nifty - till then enjoy the stocks and trade light - remember we are playing seemingly the last leg. :)
9 SMS + Market Structure + HTF 🔥 A Simple Strategy That Works: 9 SMA + Market Structure:
Over the last 18 years in the markets, I’ve noticed one common pattern among struggling traders—they jump from strategy to strategy, get caught up in countless indicators, and lose sight of the basics. The truth is, simplicity wins. And the most powerful tool you can master?
👉 Market Structure.
✅ Market Structure 101:
Uptrend: Higher Highs (HH) + Higher Lows (HL)
Downtrend: Lower Highs (LH) + Lower Lows (LL)
Sideways: Ranging or consolidating zones
Once you understand this, trading becomes more visual and logical. And to complement this understanding, I recommend one tool that works across all timeframes:
🔄 The 9 SMA Strategy (Simple Moving Average)
This is not a magic trick—it’s a clean, effective way to stay in sync with the trend. When used with multiple timeframes (Monthly, Weekly, Daily), it becomes a strong confirmation tool.
Let’s take Tata Motors as an example:
📈 Monthly Chart:
Trading above the 9 SMA
Near psychological level ₹1000
Had a rally 3–4 months ago, now consolidating
Not a confirmed breakdown yet – monthly is still holding structure
📊 Weekly Chart:
Just crossing above 9 SMA
Indicates strength building back up
📉 Daily Chart:
Also crossing 9 SMA
Shows possible trend continuation
✅ Double confirmation from Daily + Weekly
➡️ This signals potential swing or positional trade setup
🎯 Key Takeaways:
Follow the Market Structure
Understand HH-HL or LH-LL formations before jumping into trades.
Use the 9 SMA on multiple timeframes
Let smaller timeframes guide the early signs of trend shifts
Avoid complexity
Stick to one simple method and master it.
Risk Management
Never invest all at once.
If you have ₹1,00,000, break it into 4 or 5 parts.
This reduces emotional pressure and helps you stay objective.
📌 Final Thoughts:
Swing and positional trading doesn’t have to be overwhelming. Keep your tools simple, your analysis structured, and your emotions in check.
I have also curated a list of 50 highly liquid F&O stocks based on beta, volatility, volume, and liquidity. If you'd like access to that list, just drop a comment or message, and I’ll be happy to share it with you.
Keep it simple. Stay consistent.
The market rewards discipline, not complexity.
Analysis of Gold Spot / U.S. Dollar (XAU/USD) 15-Minute ChartHistorical Trend: The chart displays the Gold Spot / U.S. Dollar (XAU/USD) price movement on a 15-minute timeframe from June 22 to June 23, 2025. The price experienced a sharp decline from a peak around $3,369.447, followed by a potential reversal pattern.
Key Levels:
Stop Loss: Set at $3,369.447 (red line), indicating the upper limit to exit a short position if the price reverses upward.
Entry: Positioned at $3,362.463 (gray line), marking the entry point for a potential short trade after the peak.
Target 1: $3,353.009 (green line), the first profit-taking level.
Target 2: $3,340.915 (green line), the second profit-taking level.
Target 3: $3,323.157 (green line), the final target for the short trade.
Recent Price Action: The price peaked near $3,369.447 and began a downward move, forming a potential shorting opportunity (labeled 1-5). The chart suggests a bearish pattern with the price breaking below a support level, followed by a retest (2) and continuation downward (3, 4). The current position (5) indicates the price is approaching Target 1.
Projected Movement: The downward projection suggests the price could reach Target 1 at $3,353.009, with potential to hit Target 2 at $3,340.915 and Target 3 at $3,323.157 if the bearish momentum persists. A break above $3,369.447 would invalidate the short setup.
Volume and Indicators: The chart includes Bollinger Bands (O3,362.860 H3,363.070 L3,361.747 C3,362.295) with a -0.615 (-0.02%) change, indicating low volatility. The pattern suggests a momentum shift, though specific volume data is not detailed.
Outlook: The chart outlines a shorting strategy with clear entry and exit levels. The price is currently in a bearish phase, with potential targets at $3,353.009, $3,340.915, and $3,323.157. Monitor for a break above $3,369.447 to reassess the trade, as it would signal a bullish reversal.
IDFC FIRST BANKIDFCFIRSTBANK.
Anything above 112 should be part of euphoria that may extend upto 164.17 (if sentiment allows); corrective 5th may end around 50-53 and then final thrust towards new high (5th) should begin. (If , moves past 80-83 without 5th correction , corrective wave count will be invalid).
Labelling of counts can be wrong in this, but you get the idea.
FRESNILLO setting up for its redemption run Fresnillo is an interesting chart. Looks like a major bottom has set in. If by any chance price goes back to 460-455 level, I will not miss the opportunity to buy. If silver moves up towards $60-70 zone. This scrip will hit a home run. Onwards and Upwards.
Stoploss can be placed at 450.
COTI/USDT Daily Timeframe Analysis Cycle Overview:
HWC: Ranging 🔁
MWC: Bearish 🔽
LWC: Bullish 🔼
🧠 Market Structure & Setup:
COTI has broken above its key daily trendline and is currently retesting that zone — a typical pullback setup. This break, combined with a bullish LWC and strong support on the COTI/BTD pair, offers a long-term opportunity, though the setup carries significant risk.
The COTI/BTD pair is still trending downward, but it's sitting right on a strong historical support, which could provide a good entry before a possible breakout of the daily resistance — a level that has seen four strong rejections in the past.
That gives us a clean invalidation and a solid risk-to-reward setup if the breakout follows through.
Another bullish signal: Volume has been decreasing during the recent pullback from the top, indicating a potential exhaustion of sellers — which strengthens the breakout scenario.
🔑 Key Levels:
🔸 Major Resistance: 0.07200 – a strong barrier; if price breaks and holds above this, momentum could accelerate.
🟢 I’m not closing the position yet — waiting to see if price reaches the daily high and breaks out.
🚫 No short position in play.
⚠️ This is a long-term and high-risk setup — not suitable for short-term traders.
⏳ Be aware: holding this trade may take time — patience is required.
💡 Strategy:
No trades while price is inside the current range. I'm waiting for price to reach the trendline.
If the reaction is weak, I’ll keep the position open, expecting a potential breakout due to multiple prior touches.
Traders seeking confirmation can wait for a clean breakout above 0.07200 or the daily high level.
✅ Summary:
Long-term setup with risk
Clear invalidation and logical entry
Volume behavior supports the idea
May require holding the position for an extended period — manage expectations
Not financial advice — for educational purposes only
📌 Got a specific coin in mind? Drop it in the comments and I’ll chart it for you.
⚠️ Without proper risk management, you're just a ticking time bomb.
BTC Breaks Downtrend – Eyes on 105911📊 Cycle Status:
🔼 HWC: Bullish
🔽 MWC: Bearish
🔼 LWC: Bullish
Because of this cycle configuration, I’m not looking for short positions. The larger structure still favors bullish momentum.
📈 Structure & Channel Breakout:
BTC broke out from a descending channel with 6 confirmed touches. On the 7th touch, we saw a breakout.
You might ask: "Parsa, what’s the use of a broken channel now?"
Well, here’s why it still matters:
The channel hasn't had a proper pullback yet.
Price might reject from the 10,5911 resistance, which is a strong level.
If rejected, price could revisit the channel’s upper boundary as a retest.
That retest could create a strong R setup on the 15m chart — if we get a clear structure and confirmation.
🧠 Important Notes:
If BTC breaks and holds above 10,5911, this could flip our MWC to bullish, which would be a strong continuation signal.
Until then, I’m waiting and watching for either:
Retest of the broken channel
Clean break and hold above 10,5911
🎯 Targets:
If price holds above current levels, next resistances are:
✅ 108890
✅ 110490
As long as BTC stays above 103880, I won’t be talking about short setups.
📌 Got a coin in mind? Drop it in the comments and I’ll analyze it for you.
⚠️ Without proper risk management, you're just a ticking time bomb.
XLM 4H – Compression Breakout Setup in PlayCycle Analysis:
HWC: 🔼 Bullish
MWC: 🔽 Bearish
LWC: 🔽 Bearish
The mismatch between higher and lower cycles shows we're in a transitional phase — a potential pivot zone where the market is deciding whether to reverse or continue its correction.
Market Structure & Pattern:
XLM is forming a clear compression pattern (either a triangle or falling wedge) with the following traits:
Upper trendline has been tested multiple times
Buyers show more pressure than sellers
Breakout to the upside looks more probable, aligning with the HWC direction
Entry Strategy:
If you're looking to enter, wait for a confirmed breakout above the pattern, ideally with:
A full-bodied 4H candle closing above the upper trendline
Volume spike supporting the breakout
Retest and successful bounce on the 15-min timeframe
📍 Stop-loss: Below the last local low
🎯 Target 1: Top of the MWC structure
🎯 Target 2: Full cycle alignment with HWC, if momentum continues
⚠️ Final Note:
Since MWC and LWC are still bearish, any long entry should be managed with tight risk control. A failed breakout could lead to a sweep of the lower range, though less likely based on current price action.
📌 Got a coin you'd like analyzed? Drop it in the comments.
⚠️ Without proper risk management, you're just a ticking time bomb.
KAVA Ready for Breakout? Watch 0.45 Key Level
📊 Cycle Analysis
🔁 HWC: Ranging
🔁 MWC: Ranging
🔁 LWC: Ranging
The price is currently moving inside a 4H range box. Personally, I avoid trading inside ranges like this due to the high probability of fakeouts and choppy movement.
🧭 My Strategy:
✅ A break above 0.45 (range resistance) could be a solid long trigger, signaling a potential breakout from this consolidation zone.
📈 After entering, I’ll let the price move toward the upper descending trendline, which has seen multiple touches. This increases the odds of a breakout, or at least a strong reaction.
⚠️ If the reaction to the trendline is weak (e.g., no strong rejection candle, low volume), I’ll keep my position open, as the market may break out and offer better R multiples.
🚫 About Short Positions:
Technically, you could short a breakdown from the range, but I won’t be taking any short setups here. I’m focused purely on the long side for now.
📝 Summary:
❌ No trades inside the range box
✅ Long entry on 0.45 resistance break
🎯 Targeting the upper trendline
🧠 If the trendline gives a weak rejection → keep the trade open
🚫 Ignoring short opportunities
📌 Got a coin in mind? Drop it in the comments and I’ll analyze it for you.
⚠️ Without proper risk management, you're just a ticking time bomb.
BTC Eyes 108800 After Triangle Validation📊 Cycle Structure:
HWC (Higher Wave Cycle): Bullish 🔼
MWC (Middle Wave Cycle): Ranging 🔁
LWC (Lower Wave Cycle): Weak Bearish 🔽
⛔ Note: This analysis is only for traders looking for long positions. If you're aiming for shorts, skip this one — I personally won’t short in this setup.
📐 Market Structure:
Bitcoin is currently forming an Expanding Triangle pattern on the 15-minute chart.
The third touch confirmed the validity of the triangle and triggered a strong bullish reaction, which is a good sign of structure strength.
🎯 Long Triggers & Strategy:
🔹 Trigger #1 (Riskier): Breakout above the descending trendline
⚠️ Not my favorite setup due to its shape, but it's still valid. If you use this trigger, manage your risk tightly.
🔹 Trigger #2 (Preferred): Breakout of 106467 resistance
✅ This level aligns with triangle breakout and offers a cleaner entry with better structure.
📌 Target:
In case of a successful breakout, price could push toward 108800, which is a strong resistance zone and a solid place for partial profit-taking.
📌 If there's a coin or pair you'd like me to analyze, drop it in the comments.
⚠️ Without proper risk management, you're just a ticking time bomb.
— PXA