Bitcoin buy given at 95200 , currently at 101500 levels on chartDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 27.2% )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2 %)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6 %)
Target 5- ( T5 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Harmonic Patterns
XAUUSD todayHello dear friends, it's Samson here!
Gold prices continue to consolidate within a familiar range, as the market awaits a fresh catalyst to drive the next decisive move. What’s in store for gold, and what scenarios could unfold?
At the moment, sellers have hit the pause button, keeping an eye on key events like Federal Reserve Chair Jerome Powell’s remarks, U.S. employment data, and the all-important CPI report. These indicators will shape expectations for the Fed's policy outlook. According to the CME FedWatch Tool, traders are currently pricing in a 74% chance of a 25-basis-point rate cut at the upcoming Fed meeting. However, nothing is set in stone, and until clear signals emerge, the market may remain locked in consolidation mode.
On the technical front, gold could build bullish momentum to test significant resistance levels amid favorable news. However, if prices break below the critical support at 2636 and sustain that position, a bearish wave could gain traction sooner than anticipated.
This is a pivotal moment for XAUUSD, as the market balances between anticipation and action. What’s your take on the current setup? Let’s discuss your thoughts, forecasts, or any questions you have—together, we can navigate these shifting dynamics!
BLUEPRINT to a SUCCESSFUL TRADERIf you want to go from Delhi to Mumbai, there are many stations that come in between. Just like that, a trader has to pass through several stages before achieving success. Knowing which stage you’re in is crucial—it helps you stay on track, avoid frustration, and progress systematically. This Post May Sound Basic, But It’s Extremely Important
Here are the 4 Stages of a Trader and how they define your journey:
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1. The Excitement Phase
- What It Feels Like:
You’ve discovered trading, and it feels like the gateway to unlimited wealth. Every win feels like a step closer to “quitting your job,” and losses are dismissed as bad luck.
- Reality Check:
This is the honeymoon phase. Without a plan or risk management, you’re trading on emotion, not skill. Big losses often serve as a wake-up call here.
---
2. The Learning Phase
- What It Feels Like:
You’ve realized trading isn’t a game of luck—it’s a skill that requires discipline and study. You dive into books, watch tutorials, and experiment with strategies.
- Challenges:
- Information overload: Which indicator works best?
- Doubt: Am I even cut out for this?
- Outcome:
Progress is slow, but this is where the foundation for mastery is laid.
---
3. The Frustration Phase (THIS STAGE LASTS LONGER THAN ONE CAN IMAGINE)
- What It Feels Like:
You’ve gained knowledge, but your execution isn’t consistent. Every win is wiped out by a bigger loss. Strategy-hopping becomes a vicious cycle.
- Why Most Quit Here:
The emotional toll of inconsistency is heavy. Many traders blame the market, their broker, or even themselves, concluding that trading “isn’t for them.”
- The Breakthrough:
This is a test of resilience. Traders who stick to the process and focus on discipline eventually push through.
---
4. The Mastery Phase
- What It Feels Like:
Trading becomes systematic—a business, not a gamble. You’ve developed an edge, trust your strategy, and prioritize risk management.
- Key Characteristics:
- Discipline: You follow your plan without hesitation.
- Confidence: Losses don’t shake you because you know your edge works over the long term.
- Sustainability: Trading isn’t just profitable—it’s consistent.
- This Is True Success:
You understand the market isn’t a money-making machine; it’s a test of probabilities and discipline.
---
Why Knowing Your Stage Matters
Understanding where you are in this journey is like knowing which station you’ve reached on the Delhi-to-Mumbai train. It helps you prepare for what’s ahead and keeps you focused on reaching the destination.
So, ask yourself: Which stage am I in?
Let us know in the comments, and tag a fellow trader who’s on this journey with you.
TataMotors | Bullish from here ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
💡FNO Stocks Trading📉📈📊
✅Check out my TradingView profile to see how we analyze charts and execute trades.
✅We can't conduct a thorough analysis in such a short span of time. We need to review it, post our findings, and then take action.
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Exideind | All Resistance Trendline Breakout ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
💡✍️Technical Reasons to trade or Strategy applied :-
✅Inverted Head & Shoulder Chart Pattern Bull Breakout
✅Breakout confirmed
✅Rise in Volume
✅Good 3 touches Trendline Breakout with volume
✅Clear uptrend with HH & HLs sequence
✅ Order block as potential Target
✅Check out my TradingView profile to see how we analyze charts and execute trades.
🙋♀️🙋♂️If you have any questions about this stock, feel free to reach out to me.
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GODREJCP | Trendline Breakout Expected ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
💡FNO Stocks Trading📉📈📊
✅Check out my TradingView profile to see how we analyze charts and execute trades.
✅We can't conduct a thorough analysis in such a short span of time. We need to review it, post our findings, and then take action.
🙋♀️🙋♂️If you have any questions about this stock, feel free to reach out to me.
📍📌Thank you for exploring our idea! We hope you found it valuable.
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✍️COMMENT Below your view !
NIFTY- Intraday Levels - 5th December 2024If NIFTY sustain above 24493 above this bullish then 24518 to24536 then 24555 or 24565 to 24583 day close above this can be consider bullish.
If NIFTY sustain below 24398 below this bearish then 24375 to 24357 the 24310 to 24292 below this more bearish then 24220 to 24196 will be last hope.
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 buy on dip for Thursday and sell on rise for Friday if day closing is below 24534
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.
Inverse head and shoulder bullish pattern on NIFTYA postive divergence on RSI
Testing last major swing which is also the neckline of the head and shoulder pattern and the lower lowers and lower highs pattern of the index.
Successful break of the resistance with good volumes can lead to NIFTY going again to all time high zone.
I can see index spending some time around resistance before breakout.
Stay cautious. A good trade opportunity can emerge with patience.
Time frame 2 months.
EUR/USD: Bearish Signals Strengthen Near Key ResistanceWhen observing the 4-hour chart, we can see that the EUR/USD pair is hovering near a strong resistance zone (marked in red). This is a region where selling pressure has significantly increased during previous trading sessions, making it difficult for the price to break out. In this context, the signals for a potential bearish trend are becoming increasingly evident.
One notable factor is the position of the EMA 34 and EMA 89 lines. With the price trading below both moving averages, they are acting as dynamic resistance levels, pushing the price lower each time it attempts to recover. This further reinforces the view that selling pressure continues to dominate the current market.
Additionally, the previous downside gap has yet to be filled, which is often a technical indication that bearish pressure remains. As the price approaches the resistance zone of 1.0550 - 1.0560, the likelihood of rejection from this level is high, especially in the absence of strong buying momentum.
If the price fails to break through this resistance zone, the possibility of a decline to lower support levels opens up. The nearest support is located at 1.0487, but a more prominent target lies in the 1.0420 - 1.0400 range. This is a critical support zone that could serve as a stopping point if the bearish trend continues.
Based on this analysis, a bearish trading strategy should be approached with caution. Traders may consider entering a sell position around the 1.0550 - 1.0560 resistance zone, with take-profit targets at 1.0480 and 1.0420, respectively. A prudent stop-loss level would be above the resistance zone, around 1.0575, to minimize risk.
Overall, the market is currently leaning toward a bearish outlook, but waiting for clear reactions at the resistance zone is crucial to ensure trades are executed at optimal levels. This approach provides greater security in a market that remains potentially volatile.
GBP/USD: At a Crossroads - Will the Bears Take Over?Hello, brilliant traders!
What’s your take on the current trend of GBP/USD? Let me break it down for you with a detailed analysis on the daily timeframe to give you a broader perspective.
At the moment, GBP/USD remains firmly in a long-term downtrend, trading around the 1.269 level. This aligns perfectly with signals from the EMA 34 and EMA 89, both indicating a potential reversal on the horizon. It's clear that key technical levels are coming into play, demanding the market’s full attention.
Following the recent corrective rally, GBP/USD appears poised to test resistance near the 1.287 level. This could be a prime opportunity for sellers to step in and drive the pair lower, especially given the prevailing dominance of the long-term bearish trend. The chart analysis I’ve shared illustrates this outlook in more detail.
Looking ahead, fundamental factors could further shape the direction of this pair. Hawkish remarks from Fed Chair Jerome Powell and robust U.S. economic data may pile additional pressure on GBP/USD, possibly pushing it below the critical 1.225 support level. On the flip side, a dovish tone from Bank of England Governor Andrew Bailey could cap any upward moves, leaving the pair vulnerable to further downside action.
The market is at a pivotal point, and I’d love to hear your thoughts on GBP/USD! Share your insights in the comments below, and let’s discuss where we think this pair is headed next.
Wishing you smart trading and plenty of opportunities ahead!
BITCOIN IS IN CONSOLIDATIONLooking it is consolidating be carefull and there is being patient is important what is seen in this chart is
more important look rising triangle which is making a range and BITCOIN following exactely this triangle. we should wait for long/short until it break either side.i used here another tool is gann box you can also use this.
#Sensex directions and levels for December 4th.
Current View:
The sentiment looks similar to that of Nifty. If the market takes an initial pullback, it could reach a minimum 81202 or 50%. After that, if it gets rejected there, we could see a correction of 23% to 38% in the minor swing. Conversely, if it breaks through or consolidates at this zone, the rally is likely to continue.
Alternate View:
The alternate view suggests that if the market initially declines, it could reach the 38% Fibonacci level in the minor swing. However, until the 38% level is broken, it will maintain a bullish bias. If it breaks this level, we can expect a correction.
#Nifty directions and levels for December 4th.Good morning, friends! 🌞 Here are the market directions and levels for December 4th.
Market Overview:
There are no significant changes happening. The global market is maintaining a bullish sentiment (based on the Dow Jones only), while our local market shows a moderately bullish sentiment. Today, the market may open with a neutral to slightly gap-up start, as the Gift Nifty is showing a positive 10 points at 8:00 AM.
In the previous session, both Nifty and Bank Nifty had a solid pullback. The structure and sentiment remain the same as we discussed in the previous session. Let's look at this in the charts.
Both Nifty and Bank Nifty have a similar sentiment.
Nifty Current View:
The current view suggests that if the market takes an initial pullback, it could reach a minimum of 24,629. However, the previous day's movement shows RSI divergence, indicating weakening momentum. If this divergence continues when it reaches 24,629, we could see a correction of 23% to 38% in the minor swing. Conversely, if it breaks through or consolidates at this zone, the rally is likely to continue. This is the basic structure.
Alternate View:
The alternate view suggests that if the market initially declines, it could reach the 38% Fibonacci level in the minor swing. However, until the 38% level is broken, it will maintain a bullish bias. If it breaks this level, we can expect a correction.
#Banknifty directions and levels for December 4th.Bank Nifty Current View:
The sentiment looks similar to that of Nifty. If the market takes an initial pullback, it could reach a minimum supply zone. After that, if it gets rejected there, we could see a correction of 23% to 38% in the minor swing. Conversely, if it breaks through or consolidates at this zone, the rally is likely to continue.
Alternate View:
The alternate view suggests that if the market initially declines, it could reach the 38% Fibonacci level in the minor swing. However, until the 38% level is broken, it will maintain a bullish bias. If it breaks this level, we can expect a correction.
RBL BANKHello & welcome to this analysis
Stock has activated two bullish harmonic patterns within the same potential reversal zone - Deep Crab and Bat.
As long as it holds 135 it could retest 190-200 (gap area), above that 225-235 (area of distribution before breakdown)
Decent risk reward set up for medium term perspective
Naturalgas - 5 wave impulse done?CMP: 3.4100
TF: 4 hour
Looks like a 5 wave impulse from the lows at 1.9150 has come to an end.
The final leg (5th), seem to be incomplete though (if you consider marking 1-5); but that mostly looks like an abcde with e giving a throw over move spike.
Risk reward for longs is not good.
Also, Bullish BAT/CRAB formation seen on hourly TF. It is still at initial stages though. Invalidation level would be 3.6310
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions.
GBPJPY Analysis on(04/12/2024)GBPJPY UPDATEDE
Current price - 189.700
If price stay below 190.800,then next target is 188.000 and below that 193.000
Plan1;If price break 189.700 -190.200 area,and stay below 189.600,we will place sell order in GBPJPY with target of 186.200 and 188.000 & stop loss should be placed at 193.000
Gold (XAU/USD) Analysis superb trade Gold (XAU/USD) Analysis
Timeframe: 15-Minutes
Key Observations:
A strong descending resistance trendline (purple) is visible, tested multiple times (marked with yellow circles).
Price has bounced from the ascending support trendline (purple) near the lower zone, showing significant buying pressure.
Horizontal support and resistance zones (blue) provide clear areas for price reactions.
Indicators Used:
Ichimoku Cloud: Highlighting key dynamic support and resistance zones.
EMA lines: Confirming directional trends and potential crossovers.
Price is testing a resistance zone, indicating a potential reversal or breakout scenario.
Trade Setup:
Entered a long position near the trendline support.
Stop Loss: Below the ascending support zone.
Target: Near the next significant resistance zone.
This setup reflects a balanced risk-reward ratio, respecting technical zones and market momentum.
Update XAUUSDSpot gold prices continue to rise as the US dollar weakens, making it more affordable for holders of other currencies to purchase gold.
Meanwhile, crude oil prices unexpectedly surged to $70 per barrel, adding upward momentum to gold’s price trend.
Another contributing factor is the announcement of martial law in South Korea. This has sparked concerns among financial investors about potential instability in the country, which could impact commodity prices and international currency markets. Consequently, many have increased their gold purchases as a safe-haven asset. These factors are fueling gold prices to climb further today.