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Harmonic Patterns

AUDJPY SHORTSAUDJPY – Short Setup Idea Bulls are clearly showing weakness — just look at the 4H chart on the right. The climb has been slow and corrective, suggesting a lack of strong momentum to the upside. Price has recently reached into a 4H supply zone. At first glance, it looked as though the zone was invalidated, but on closer analysis, the move primarily mitigated a past price void/imbalance. For that reason, I still consider the short setup valid. I am looking for a potential swing opportunity to the downside. My stop-loss is placed above the most recent significant 15-minute high, as a break of that level would invalidate the idea and I would no longer want to be in the trade. 15min Flip did happen. This setup offers favorable risk-to-reward potential if price respects the supply zone and continues lower.
Short
by Tilen_FX
GBPJPYAs you can see price is clearly in an downtrend. Nice push to the downside, and nice recovery back up. And with 4 points being made ( H,L,HL,LL) downtrend is confirmed. I marked 4H supply that aligns with 202.000 handle. While on the 4H is a downtrend, on daily timeframe, price is in a bullish leg and now coming up from filling the imbalance. Now if I was paying attention I could get into buys at the bottom and trap the market. However that was not the case. That can cause price to go higher and break through our supply. But that is why we wait for confirmation on smaller timeframes before entering the trade. Remember, no confiration - no entry.
Short
by Tilen_FX
USDJPY SELLS📉 USD/JPY – Bearish Trend With Clean Supply Rejection As we can see, UJ is clearly in a bearish trend, confirmed by the red dots on the left chart, where price continues to create new lows. Price recently retraced into a well-defined Supply zone around the 156.000 level. On the right chart, structure flipped after tapping the zone, giving a clean confirmation and creating a high-quality entry opportunity. My first partials are placed at the 15-minute low, with the remaining targets marked by the red lines below.
Short
by Tilen_FX
The struggle of a trader no one talks aboutWhy Chart Reading is Easy, Trading is Hard Reading a chart is an intellectual activity. Trading is an emotional activity. When you're reading a chart, you're using the prefrontal cortex — the rational part of your brain responsible for calculation, logic, pattern recognition. Here, you're objective. You see the trend clearly. You think, “If price breaks this level, I’ll buy. If it fails, I’ll exit.” But when money is on the line, another part of your brain takes control — the amygdala. --- The Amygdala: The Trader's Hidden Enemy The amygdala is the ancient survival system of the brain. It helped humans run from tigers, stay alert to threats, and survive danger. To the amygdala, losing money = threat to survival. So when price goes slightly against you, even if it’s normal market noise, the amygdala screams: •⁠ ⁠EXIT! YOU’RE IN DANGER! •⁠ ⁠WHAT IF IT CRASHES? •⁠ ⁠WHAT IF YOU LOSE EVERYTHING? Suddenly, the same breakout you trusted now looks like a bull trap. A healthy pullback looks like a reversal. A small red candle feels like the start of a collapse. You don’t see the chart anymore. You see fear. The brain starts creating patterns that don’t exist — just like seeing shapes in clouds. That’s why traders cut winners early, hold losers too long, chase entries, hesitate to click buy, and exit at the worst time. This is not lack of knowledge. This is biology. --- Junk Food and Trading: The Same Battlefield Think of junk food. Most people know it’s unhealthy. They know what to eat and what to avoid. They can explain calories, fat, insulin spikes — they’re logical about it. But late at night, when emotions rise, cravings hit. A samosa, burger, or chips suddenly look irresistible. Thoughts change like this: Before: "I shouldn't eat junk." During craving: "One bite won't harm." "I’ll start eating clean tomorrow." "I worked hard today — I deserve this." This is the same brain mechanism. •⁠ ⁠Rational brain knows the correct decision •⁠ ⁠Amygdala creates justification to satisfy emotion Charts work the same way. When you don’t have skin in the game, you’re rational. When you're holding a live trade, your amygdala creates excuses, fears, hope — stories that blind you. You begin to see a bullish chart as bearish, or see reversal even when it doesn’t exist. Just like junk food — you convince yourself into the wrong decision. Not because you're stupid. Because you're human. --- So How Do You Beat This? You don’t fix it by reading more books or analyzing more charts. You fix it by training your emotional system, not just your analytical one. Professional traders aren’t better at reading charts — they're better at managing what their mind does after entering a chart. The goal is not to eliminate emotions. The goal is to act despite them. --- Final Thought Charts are easy to read. But trading them requires you to fight the most ancient part of your biology. When logic meets money, the market is no longer outside — the real market is inside your brain. Win there, and price will follow.
NSE:NIFTYEducation
by keshevdugar
15
Muthoot Finance Limited - Breakout Setup, Move is ON...#MUTHOOTFIN trading above Resistance of 3743 Next Resistance is at 4422 Support is at 3007 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.
NSE:MUTHOOTFINLong
by MandeepSinghKohli
3
Part 1 Intraday Master Class Risks in Options Trading Although options offer leverage, they come with risks: 1. Time Decay (Theta Loss) Options lose value as expiry approaches. 2. Volatility Crush Premiums drop sharply when IV falls. 3. Unlimited Loss for Sellers Selling naked calls/puts is extremely risky. 4. Liquidity Risk Illiquid options have high spreads, causing slippage. 5. Sudden Market Swings Gaps and news events can invalidate strategies. Proper risk management is essential.
NSE:HINDUNILVREducation
by SkyTradingZone
Muthoot Finance Limited - Breakout Setup, Move is ON...#MUTHOOTFIN trading above Resistance of 3077 Next Resistance is at 3743 Support is at 2498 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.
NSE:MUTHOOTFINLong
by MandeepSinghKohli
DOMS is in a bullish continuation setupDOMS Industries is offering a clean range‑breakout swing setup with defined supports and two upside objectives, suitable for a 2–6 week holding period if momentum sustains Setup overview Structure: Stock is trading above primary support ₹2,488 and secondary support ₹2,430, consolidating just below the resistance band around ₹2,640–2,650 on the daily chart. Bias: As long as price holds above ₹2,430, the broader post‑IPO uptrend and recent higher‑low structure remain intact, favouring a bullish breakout continuation play. Trade plan (conservative breakout) Entry: Buy on a daily close above ₹2,646 with strong volume (resistance breakout confirmation). Stop-loss: ₹2,488 on a closing basis (below primary support and recent swing lows). Targets: Target 1: ₹2,765 (primary target / mid‑range supply). Target 2: ₹2,890 (full target just below previous higher band). Reward–risk: From ₹2,646 entry, downside to SL ≈ ₹160 (~6%), upside to T1 ≈ ₹120 (~4.5%) and to T2 ≈ ₹245 (~9%), so partial booking at T1 and running balance to T2 keeps effective R:R attractive. Alternate plan (buy on dip to support) Entry zone: ₹2,500–2,520 near current price if the stock pulls back intraday while still closing above ₹2,488. Stop-loss: ₹2,430 closing basis (secondary support). Targets: Same T1 ₹2,646, then ₹2,765 and ₹2,890; once T1 is hit, trail SL to just below ₹2,580 and then below each higher swing low. So, the fundamental picture (24% revenue growth, ~₹240–250 crore PAT run‑rate) supports taking trades towards ₹2,765–2,890, but the 60–70x PE band argues for: smaller position size, strict SL at ₹2,430–2,488, and systematic profit‑taking as price climbs through your targets. Disclaimer: aliceblueonline.com
NSE:DOMS
by Alice Blue
Part 1 Supprot and Resistance What Are Options? Options are derivative contracts that give the trader a right, but not an obligation, to buy or sell an underlying asset at a pre-defined price (called the strike price) before or on a specific date (called the expiry). There are two main types of options: Call Option – gives the right to buy the underlying asset. Put Option – gives the right to sell the underlying asset. In options, the person who buys the contract is called the option buyer, and the one who sells (writes) the contract is the option seller or writer.
MCX:CRUDEOIL1!Education
by SkyTradingZone
PCR Trading Strategies Basics of Options Options come in two primary types: Call Options: A call option gives the holder the right to buy the underlying asset at a specific price (known as the strike price) before or on the expiration date. Traders purchase calls if they anticipate the asset's price will rise. Put Options: A put option gives the holder the right to sell the underlying asset at the strike price before or on expiration. Traders buy puts when they expect the asset's price to fall. Key terms every options trader must understand: Underlying Asset: The security or instrument upon which the option derives its value. Strike Price: The price at which the option holder can buy or sell the underlying asset. Premium: The price paid to purchase the option. Expiration Date: The last date the option can be exercised. In-the-Money (ITM): A call option is ITM if the underlying asset price is above the strike price; a put is ITM if the underlying price is below the strike price. Out-of-the-Money (OTM): A call option is OTM if the underlying asset is below the strike price; a put is OTM if above. At-the-Money (ATM): When the underlying price equals the strike price.
NSE:AXISBANKEducation
by SkyTradingZone
1
OLAELEC 1 Day Time Frame 📌 Ola Electric — Recent 1‑Day Snapshot Metric / Info Value / Observation “LTP” / Recent close (NSE) ₹ 35.50 Today’s trading range (approx) High ≈ ₹ 36.36, Low ≈ ₹ 34.80 52‑week range Low ₹ 34.80, High ₹ 100.40 Recent trend / momentum The stock recently hit fresh 52‑week / all‑time lows, with heavy selling pressure and high volumes. 🔻 What’s the Technical/Market Context (for Today) The stock is trading near its 52‑week low, meaning there’s likely limited downside (on a purely “price floor” basis) — but also minimal “margin of safety.” The day’s high vs low shows modest intraday volatility (~ ₹1.5–2 range), indicating somewhat tight trading. Given recent heavy selling and lack of clear rebound, the sentiment appears bearish in the short–term. Because the share is significantly below its 52‑week high and all‑time high, expectations for a bounce would likely need strong positive trigger — e.g. corporate news, macro/EV‑sector tailwinds, or a shift in fundamentals.
NSE:OLAELECLong
by Knowledgehub
IREDA 1 Day Time Frame 📉 Today’s Price Action Last traded price: ₹ 133.40 Day’s range: ₹ 132.00 – ₹ 137.29 Change vs previous close: – ₹ 3.35 (–2.45%) 📊 Key Context & Technical Snapshot Metric / Indicator Value / Observation 52-week range ₹ 132.00 — ₹ 234.29 Relative valuation P/E ~ 21.7 × Market cap ~ ₹ 37,475 Cr Recent momentum 1-week: –6.65%, 1-month: –11.66% Volatility (ATR) ATR (5-day) ≈ ₹ 3.4 Interpretation (short-term / 1-day): The stock is near its 52-week low zone — so the current level (~₹133) is close to its recent bottom band. The drop today suggests selling pressure, but the intraday range shows some trading / bounce between ₹132–₹137. Given the volatility (as indicated by ATR) and recent downward momentum, the stock looks “soft” in the very short term.
NSE:IREDALong
by Knowledgehub
professional, price-action analysis of your XRP/USDT🔵 1. NO-TRADE ZONE 📍 2.018 – 2.088 (Your chart shows the dotted-line area + the nearest support & resistance) Why this is a NO-TRADE Zone? Price is in a sideways compression range. Market is showing low momentum, lots of fake moves. Best trades come after breakout + retest of this zone. ⚠️ Inside this area = avoid trading. 🟢 2. BUY SETUPS (LONG ENTRIES) ✅ BUY ENTRY 1 — Breakout Buy Entry above: 2.088 Why buy here? Breaks the consolidation range Breaks previous lower-high structure Strong bullish momentum triggers SL: 2.018 TP1: 2.128 TP2: 2.166 TP3: 2.202 TP4: 2.248 TP5: 2.287 ✅ BUY ENTRY 2 — Retest Buy (Safer) Entry: Retest of 2.128 after breakout Why? Former resistance becomes support Gives tight SL + clean trend continuation SL: 2.088 TP1: 2.166 TP2: 2.202 TP3: 2.248 TP4: 2.287 🔴 3. SELL SETUPS (SHORT ENTRIES) ❗ SELL ENTRY 1 — Breakdown Sell Entry below: 1.983 Why sell here? Clear market structure break Leaving the no-trade zone downward Confirms lower-low continuation SL: 2.018 TP1: 1.895 TP2: 1.860 TP3: 1.822 ❗ SELL ENTRY 2 — Retest Sell Entry: Retest of 1.983 from below Why? Broken support → new resistance High-probability bearish continuation zone SL: 2.018 TP1: 1.895 TP2: 1.860 TP3: 1.822 📌 4. WHY THESE LEVELS WORK 🟢 Buy Levels Because: They break previous supply zones They create higher highs They align with price action continuation structure 🔴 Sell Levels Because: They break demand zones They confirm bearish trend continuation Price will seek liquidity below recent lows 🛑 5. FINAL TRADING PLAN SUMMARY NO TRADE ▪ 2.018 – 2.088 BUY ABOVE 2.088 SL → 2.018 TPs → 2.128 / 2.166 / 2.202 / 2.248 / 2.287 SELL BELOW 1.983 SL → 2.018 TPs → 1.895 / 1.860 / 1.822
by Skalpfi