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EURAUD EYES A REBOUND - CAN THE BULLS HOLD THE SUPPORT?Symbol - EURAUD Amid a broader global bullish trend, the EURAUD pair is currently undergoing a corrective phase, approaching the support zone of the established trading range. Market participants are observing efforts by buyers to defend the 1.7750 level. The pair remains within a broad consolidation range. Price action near the lower boundary has exhibited signs of a false breakout and subsequent liquidity absorption, which could potentially trigger a rebound toward the midpoint of the range or even a move toward the upper resistance levels. Sustained consolidation above the 1.7750 mark, coupled with the emergence of a local reversal pattern, may serve as a catalyst for renewed upward momentum. While the overarching trend remains bullish, the current move reflects a local correction. Fundamentally, conditions remain uncertain. However, the US Dollar Index continues to correct after a recent sharp decline. Key Resistance Levels: 1.7855, 1.7987 Key Support Levels: 1.7750, 1.7695 Should bullish momentum prevail and price remain above the critical 1.7750 support - marking the lower boundary of the range, there is potential for a rebound targeting liquidity pools situated above resistance levels.
Long
by akshit_official
3
GBP/USD Technical Outlook: Elliott Wave Mapping the Next MoveThis GBP/USD 4H chart presents an Elliott Wave analysis. Wave (1) and (2): The market had an impulsive bullish movement in Wave 1, followed by a corrective Wave 2. Wave (3): A strong bullish move with momentum. Wave (4): A corrective phase, forming a triangle pattern (a-b-c-d-e), which suggests the market is preparing for another impulsive leg. Entry Confirmation: A breakout above the triangle pattern. First Target: 1.31457 (Fibonacci 0.382) Second Target: 1.32105 (Fibonacci 0.5)
by Money_Dictators
3
Gold view on 02 april (entry model explain in description)Hello It's a jayesh balar. in this entry model requirement in uptrend 2 lover high and down trend 2 highr low in uptrend when market create 2 lover high then mark this two low and and find this gap range and then copy this range apd past 2nd low when market comes down next time touch this range high point and show some rejection you can enter and range low point is your SL same as a down trend. (This model interesting point is this give unlimited time entry this model only failed when market try to shifting trend) And my English was so bad so i know this description is not that much good so if you doubt anything you can comment your questions If you have a any "Questions" Ask me in comment
CAPITALCOM:GOLDLong
by jayeshbalar48
EURAUD - IS THE DOWNTREND ABOUT TO KICK OFF?Symbol - EURAUD The EURAUD pair is currently testing a key resistance level on the weekly chart. A false breakout has occurred following a liquidity sweep, with no apparent continuation of the bullish trend. Additionally, the chart is displaying a familiar pin-bar reversal pattern. After the price exited the consolidation range, which was capped by the 1.6787 resistance level, a distribution pattern began to form, targeting liquidity located just above the weekly resistance at 1.7196. This target has now been reached, and the price is consolidating beneath the base of the reversal structure, signaling the potential for further downward movement. There is a likelihood of either liquidation or a downward impulse toward the 1.7100 - 1.7000 zone. The forex market has exhibited a relatively calm demeanor since the week's opening, allowing technical factors to dominate market behavior until fundamental influences come into play. Key resistance levels: 1.7196, 1.7304 Key support levels: 1.7107, 1.7016 Interest lies in the areas just below the local lows; however, from a technical standpoint, the market is primarily focused on liquidity beyond the 1.6787 level. Given that there are no significant barriers beneath 1.7016, a break of this support would likely open up a clear path towards the next liquidity zone.
Short
by akshit_official
4
GOLD MARKET UPDATE – IS THE NEXT LEG DOWN COMING?🔥 GOLD BREAKS DOWN – MORE DOWNSIDE BEFORE A BIG MOVE? 🔥 📌 Market Overview As anticipated in yesterday’s analysis, Gold has broken down from its long-term sideways range. Based on the current price action, I still expect another leg down toward the 285X zone, before a potential strong rebound. For now, the priority remains on SELL setups as long as the breakdown holds. 👉 Market sentiment is cautious as investors look to take profits and avoid unnecessary risks ahead of key U.S. inflation data. 📊 FUNDAMENTAL FACTORS IMPACTING GOLD 💡 Trump’s Tariff Policies & Market Uncertainty U.S. President Donald Trump imposed a new 25% tariff on imports from Mexico & Canada on March 4th, along with additional tariffs on Chinese goods. Just two days later, he partially reversed the decision, suspending tariffs on Mexican imports and certain Canadian products for one month. This inconsistency in policy is increasing market volatility, making Gold a preferred safe-haven asset. 💡 Investors Holding Back Ahead of U.S. Inflation Reports Traders are hesitant to take aggressive positions before key U.S. inflation figures are released. If inflation comes in higher than expected, the USD may strengthen, pushing Gold lower. If inflation data is weaker, Gold could regain momentum and head towards new ATH levels. 📉 TECHNICAL ANALYSIS – KEY LEVELS TO WATCH 🔹 Major Resistance Levels: 2,905 - 2,912 - 2,919 - 2,927 🔻 Major Support Levels: 2,866 - 2,858 - 2,845 - 2,825 🎯 TRADE SETUPS FOR TODAY 🔵 BUY ZONE: 2,846 - 2,844 📍 SL: 2,840 🎯 TP: 2,850 - 2,854 - 2,858 - 2,862 - 2,866 🔴 SELL ZONE: 2,825 - 2,827 📍 SL: 2,830 🎯 TP: 2,820 - 2,816 - 2,812 - 2,808 - 2,800 ⚡️ CONCLUSION 📌 Gold remains in a downtrend after breaking out of its previous range – watch for further downside before a strong bounce. 📌 Investors are cautious ahead of inflation data, and Trump’s tariff policies continue to create market uncertainty. 📌 Stick to TP/SL to protect your capital & avoid unnecessary risks! 💬 What’s your take? Will Gold drop further before rebounding? Let me know in the comments! 🚀🔥
OANDA:XAUUSDShort
by MMFlowTrading
USDJPY - RETEST OF RESISTANCE BEFORE FURTHER FALLSymbol - USDJPY The USD/JPY pair has disrupted the previous bullish market structure, with the U.S. dollar currently in a correction phase, which positively impacts the market. The pair is approaching a retest of the trendline that was recently broken, following a strong impulse move. On Thursday, the Japanese yen reached a 10-week high, causing the USDJPY pair to decline to 149.50 This move is attributed to increased demand for safe-haven assets amidst escalating trade tensions, driven by U.S. President Donald Trump's aggressive tariff policies. Additionally, the yen has gained further strength, bolstered by market expectations of a potential interest rate hike by the Bank of Japan, making the currency more attractive to investors. At present, attention is focused on the 0.5 Fibonacci retracement resistance zone at 150.95, as well as the previously broken upward support level. Key Support Levels: 149.50, 148.64 Key Resistance Levels: 150.95, 151.40 It is likely that the price will first test the previously broken support zone, now acting as resistance between 150.95 and 151.40, before any potential decline. A false breakout of these critical Fibonacci zones could lead to further downward movement in the pair.
Short
by akshit_official
EUR/USD Daily Chart Analysis – Smart Money Perspective Current Market Bias: Bearish The price action indicates that the overall structure remains bearish, with lower highs and lower lows being formed. Despite recent bullish retracements, the price has failed to break key resistance levels, signaling that sellers remain in control. Key Areas on the Chart: 1. Order Block (OB) & Fair Value Gap (FVG) Zone: • The highlighted gray zone represents an order block (OB), which is a supply area where institutions likely placed large sell orders. • The presence of a fair value gap (FVG) within this zone indicates an inefficiency in price, making it a strong area for potential reversals. • Price recently tapped into this area and reacted downward, confirming bearish momentum. 2. Liquidity Grab Possibility: • The lower dashed line represents a previous swing low, where liquidity (stop-loss orders) is likely resting. • Smart Money often seeks liquidity before reversing or continuing trends. • There is a high probability that price will sweep this low before any potential bullish move occurs. 3. Market Structure Shift for a Bullish Setup: • Although the bias remains bearish, a market structure shift (MSS) is required before considering any long (buy) setups. • A key level to watch is 1.05351, where a break above could signal a reversal. • Until then, selling pressure is likely to dominate. Conclusion & Trade Plan: • Bearish bias remains active. • Price might sweep the previous low to grab liquidity before a potential reversal. • A confirmed market structure shift above 1.05351 is required for bullish confirmation. • Until that happens, traders should focus on shorting opportunities near supply zones or order blocks. Final Thought: By following Smart Money Concepts (SMC), traders can align their trades with institutional movements. Patience is key—wait for confirmations before entering positions. Keep an eye on liquidity sweeps and market structure shifts for the best trade setups.
Short
by Trade_lyst
5
HOW LIQUIDITY WORKS!In trading, liquidity refers to how quickly and easily an asset can be bought or sold in the market without significantly affecting its price. It reflects the availability of buyers and sellers and the volume of trading activity for a particular asset. Key Aspects of Liquidity: 1. High Liquidity: The asset can be traded easily with minimal price changes. Common in popular markets like major stocks (e.g., Apple, Tesla), forex pairs (e.g., EUR/USD), and widely traded cryptocurrencies (e.g., Bitcoin). 2. Low Liquidity: It’s harder to find buyers or sellers, leading to potential delays or price changes during transactions. Common in niche markets, lesser-known stocks, or illiquid crypto tokens Importance in Trading: Efficient Price Discovery: High liquidity ensures prices reflect market demand and supply. Lower Risk: Traders face less risk of slippage (unintended price changes during execution) in liquid markets. Flexibility: Allows traders to enter or exit positions quickly, especially important for day traders and scalpers. In summary, liquidity is crucial for smooth and cost-effective trading. #Stockmarketeducation
NSE:HCLTECHEducation
by Sateesh07
TCS FOR SWING TRADETCS Swing Trade Idea Timeframe: Weekly Observation: TCS has entered a strong demand zone on the weekly chart, indicating a potential reversal or continuation of an upward trend. The price action suggests that buyers are actively defending this zone, providing a solid risk-to-reward opportunity. Analysis: Demand Zone: Clearly visible on the weekly timeframe, supported by historical price reactions. Volume Profile: Higher buying volumes observed near the demand zone, adding conviction. Risk-Reward Setup: Place a stop-loss slightly below the demand zone with targets at key resistance levels (based on Fibonacci or previous highs). Disclaimer: This is for educational purposes and not financial advice. Please do your due diligence before trading.
NSE:TCSLong
by Sateesh07
1
CHF/JPY Analysis: Potential Reversal SetupIn this chart, I'm analyzing a potential bullish reversal in the CHF/JPY pair after a downward trend. The price has been moving within a descending channel, with lower highs and lower lows, indicating a bearish sentiment. However, it recently hit a strong demand zone between 174.100 and 174.200, where buyers seem to have stepped in, pushing the price upward. Technical Observations: Breakout of Descending Channel: The price has broken out of the descending channel, which could signal a reversal of the downtrend. Demand Zone Support: The green zones between 174.100 and 174.400 acted as support, creating a base for buyers to initiate an upward movement. Target Levels: If the breakout is sustained, my first target is around the 174.685 level, with a secondary target at 174.920, and 175.160 as final target which aligns with previous resistance levels. Stop-Loss: I've set my stop-loss below the demand zone at 174.093 to protect against potential downside risk if the breakout fails and price re-enters the channel. Trading Plan: I'm looking for a potential long position here, with the breakout from the channel acting as a confirmation for a bullish move. Watching for strong buying momentum to sustain, I’ll look to manage the trade carefully with a close eye on any signs of reversal back into the channel. Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Trading involves significant risk, and you should always conduct your own research and consult with a professional financial advisor before making any investment decisions. Past performance is not indicative of future results. Trade responsibly.
Long
by PhD_Swingtrader
2
CNXIT BULLISH ! 1. Resistance Breakout: - The index has historically faced selling pressure at 38,653 - 38,405 Zone, causing it to reverse or pause its upward movement. - When a stock breaks above a strong resistance level, it means that buying demand has overwhelmed the selling pressure at that price point. This breakout is a positive sign, indicating that the chart may move higher, especially if it is a clean break (i.e., it closes significantly above the resistance level). - The **strength of the breakout** is often measured by the volume of trading activity. If the breakout occurs on **high volume*, it indicates that a large number of market participants are involved, adding credibility to the When a stock breaks through a strong resistance level and retests that level with good volume, it can signal a strong bullish move. Here's a detailed breakdown: 2. Retest of the Resistance Level: - After the breakout, it’s common to see a retest of the previous resistance level, which now acts as a support level. This retest occurs as some traders may take profits, or there may be some temporary selling pressure as the market re-evaluates the new price. - If the stock successfully holds above the previous resistance (now support) on the retest, it confirms that the breakout was valid. This gives bulls (buyers) more confidence that the level will hold and that the stock has further upside potential. 3. Volume Confirmation: - A retest with good volume is essential. If the stock holds the new support on strong volume, it signals that buyers are stepping in to defend the level, further reinforcing the idea that the stock is in a bullish phase. - Conversely, if the retest occurs on low volume, it may indicate a lack of conviction from buyers, and the breakout may be prone to failure. 4. Bullish Expectations: - When a stock breaks out of resistance and successfully retests it with strong volume, the expectation is that the stock will enter a new bullish trend. The prior resistance has now been transformed into a solid base of support, and the stock may experience momentum buying, pushing prices higher. - Traders often see this scenario as a low-risk, high-reward setup. Their stop-loss would typically be placed just below the new support level, while the upside target could be based on previous price patterns, such as Fibonacci extensions or previous highs. 5.Target : - it is on its all-time high targets on fib zones,pivots 0r based on future price action basis. # Summary: - **Breakout of strong resistance Indicates potential for higher prices. - **Retest of resistance as support Confirms strength of the move if support holds. - **Good volume on retest: Adds confidence in the bullish move. - **Bullish expectation Likely continuation of the upward trend. This combination forms a high-probability bullish setup in technical analysis. #cnxit #itsector #nifty
NSE:CNXITLong
by Sateesh07
EURJPYSHOING A GOOD UP MOVE WITH 1:10 RISK REWARDEURJPYSHOING A GOOD UP MOVE WITH 1:10 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 niw it trying to break the strong resistant lable B. after the break of this rectangle it will bost 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 capital follow risk reward and tradeing rules that will help you to to become a better trader thank you DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction niw it trying to break the strong resistant lable B. after the break of this rectangle it will bost 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 capital follow risk reward and tradeing rules that will help you to to become a better trad
Long
by tradergyan01
Gold holds high around peakGold costs are predicted to growth due to the fact hobby prices will decrease and the USD will weaken. Gold costs are trying out degrees above 2,four hundred USD/ounce. Indicators display that gold costs have an upward trend. Gold costs are predicted to preserve to growth withinside the close to future. Gold rate for August shipping is coming near 2,four hundred USD/ounce. World gold rate opened at the start of the week at 2,326.seventy two USD/ounce, preserving withinside the variety of 15 USD on Monday and Tuesday sessions. On Wednesday, a chain of monetary records announced, global gold rate elevated to 2,363.77 The US Federal Reserve (Fed) remains the point of interest of interest. Fed Chairman Jerome Powell testified with the Senate Banking Committee and the House Financial Services Committee. The marketplace may also pay near interest to americaA CPI in June, weekly unemployment claims, and the University of Michigan`s initial survey of patron sentiment.
TVC:GOLD
by NicoTradingMaster
1