XAUUSD: Breaking Through ResistanceXAUUSD is currently trading within a clear uptrend channel, with strong support at 3,620. The 1-hour chart shows that gold has bounced strongly from this support level, confirming that the uptrend remains intact. With support from EMA 34 and EMA 89, XAUUSD is likely to continue its upward momentum and target higher levels.
The current uptrend channel shows the price is moving within a clearly defined range, with higher lows consecutively forming. The next resistance is at 3,680, and if gold breaks through this level, it could extend its rise toward higher targets. The 3,620 level remains a crucial support, and as long as the price stays above this level, the chances of further increases are high.
Impact of News
With the forecasted PPI dropping from 0.9% to 0.3%, this could reduce inflation expectations and weaken the USD, providing favorable conditions for gold to continue rising.
Longsetup
Zyduslife - Near Breakout LevelsCMP 1013.85 on 07.09.25
All important levels are mentioned on the chart.
For a year, the level of 1030 has been acting as a resistance zone.
The price has formed a Cup & handle pattern. Presently nearing the level of breakout.
If it sustains above 1030, it will gain strength.
If it sustains below 980-970, the setup will weaken, and the exit plan should be exercised.
Possible targets are 1120/1170+.
All these illustrations are only for educational and sharing purposes. It should not be considered as a buy or sell recommendation.
All the best.
Mazagon Dock (MAZDOCK) Breakout Watch: Falling Wedge FormationMazagon Dock Shipbuilders Ltd., one of India’s premier shipbuilding companies, has recently shown signs of a technical breakout after months of downtrend. The stock had been consolidating within a falling wedge structure—a well-known bullish reversal pattern—and is now approaching a critical breakout zone that traders should closely watch.
Let’s analyze the technical setup in detail.
1. Formation of the Falling Wedge Pattern
The chart clearly highlights a falling wedge, which is formed by drawing two converging trendlines: one descending across the highs (resistance) and the other descending across the lows (support). The falling wedge is typically a bullish reversal pattern, especially when it forms after a prolonged downtrend—as is the case here.
From mid-June to early September, MAZDOCK trended lower, respecting the wedge boundaries. However, instead of a complete breakdown, price started finding support near the ₹2,500–2,600 zone, forming higher lows within the wedge—a subtle early sign of a reversal brewing beneath the surface.
2. Key Resistance and EMA Confluence
The immediate overhead resistance is defined by the upper boundary of the wedge, which is also in confluence with the 200-period EMA, currently placed around ₹2,830. This makes the ₹2,820–₹2,840 zone a crucial breakout level.
Once price convincingly breaks and closes above this level with volume confirmation, it could trigger a fresh upside rally. The current price action around ₹2,720 (+1.34%) on the breakout candle indicates building momentum.
3. Projected Targets After Breakout
Upon successful breakout, the measured move (based on wedge height) gives us three major targets:
Target 1: ₹2,980
This level is close to the psychological ₹3,000 mark and would be the first hurdle where partial profit booking may be considered.
Target 2: ₹3,121
A further extension of the breakout move. This level marks previous minor resistance and could act as a midpoint of the rally.
Final Potential Target: ₹3,371
This target is based on the maximum height of the wedge added to the breakout zone and also aligns with a historical resistance zone. A rally to this level would indicate complete bullish validation of the pattern.
4. Trade Setup for Traders
This breakout provides a favorable risk-reward opportunity for swing and positional traders. Here's a sample trade plan:
- Entry: On breakout and close above ₹2,830 (above wedge and EMA)
- Retest Entry: On pullback to ₹2,790–₹2,810 with confirmation candle
- Stop-Loss: Below ₹2,650 (invalidates the breakout structure)
- Targets: ₹2,980 / ₹3,121 / ₹3,371
- Risk-to-Reward Ratio: Approximately 1:2.5 to 1:3.5
5. Risk Management and Trader Tips
While this setup looks promising, wait for confirmation before jumping into the trade. Many false breakouts can occur, especially around key EMAs. Also, keep an eye on volume: a genuine breakout should be accompanied by higher-than-average volume.
Other tips:
Scale-in your position rather than going full size at entry.
Keep trailing your stop-loss as the price moves in your favor.
Monitor broader market indices for sentiment cues (Nifty, Bank Nifty).
6. Conclusion: A Reversal Candidate Worth Watching
Mazagon Dock has not only respected technical levels within the wedge but is also showing strength around a key resistance–EMA confluence zone. This kind of setup, supported by a classic pattern like the falling wedge, adds more credibility to the potential move.
With clear targets and a defined stop-loss zone, the current price structure offers a high-probability reversal setup. Patience is key—let the breakout confirm itself.
SOMI 1H LONG Set upCurrent Price: Around 1.5764 USDT, trading slightly bearish (-4.51%).
• Setup:
• A long trade setup is marked with risk/reward box (green zone above, red zone below).
• Entry Zone: Around 1.56 – 1.58 USDT (current price).
• Stop-Loss (SL): Around 1.55 – 1.42 USDT (marked red levels).
• Target (TP): Around 2.50 USDT (green box top).
• Key Levels:
• Resistance 1: 1.80
• Resistance 2: 1.89 – 1.90 (previous high)
• Major Target: 2.50
• Support Zone: 1.55 – 1.42
• Indicators:
• Moving averages (short-term) are shown, price is consolidating around them.
• Volume is relatively higher before consolidation, suggesting accumulation.
📌 Summary:
This chart shows a bullish setup with a long entry around the current consolidation zone (1.56–1.58). If price holds above 1.55, potential upside target is 2.50. But if it breaks below 1.55, downside risk extends to 1.42.
Hemi 4H Bullish Play • Pair: HEMI/USDT (Perpetual Futures)
• Timeframe: 4H (4-hour chart)
• Current Price: Around 0.03724 USDT
• Price Movement:
• The price is consolidating just below a resistance zone at 0.0402 – 0.0403.
• A recent bullish push attempted to break this level but got rejected.
• The support zone is near 0.0369 – 0.0370.
• Chart Setup:
• A long position trade is set up with entry around 0.0372 USDT.
• Stop Loss: Around 0.0369 USDT (tight SL just below support).
• Target (TP): Extends upward to nearly 0.085 USDT (suggesting a high reward-to-risk ratio).
• Indicators:
• Moving averages (yellow, red, blue lines) are starting to slope upward, suggesting bullish momentum.
• Volume spikes show active trading interest around the breakout attempts.
• Observation:
• If the price breaks and sustains above 0.0403, strong bullish momentum could follow.
• If rejected again, it may retest 0.0369 – 0.0370 support.
ENA Long Set Up swing or spot only🔹 Chart Setup
• Current Price: 0.7341 USDT
• Trend: Price has been recovering strongly after a bottom in June and is consolidating around the entry zone.
🔹 Key Levels
• Entry Zone: ~0.7341 USDT (current price is at entry).
• DCA (Dollar-Cost Average) Levels:
• 0.7229
• 0.6580
• 0.6082
• 0.5581
• 0.5117
• 0.5094
• Stop-Loss (SL): ~0.5094 USDT (below key support).
🔹 Take Profit (TP) Targets
• TP1: 0.8568
• TP2: 1.0023
• Final TP: 1.2994 – 1.3061
🔹 Trade Idea
• The setup is bullish, aiming for continuation of the uptrend.
• Risk management is built with multiple DCA support levels and a stop-loss under strong support.
• Reward-to-risk ratio looks favorable if price holds above entry and moves toward the TP zones.
DIA Long SetupSetup Overview
• Pair: DIA/USDT Perpetual Swap
• Timeframe: 2H
• Current Price: ~0.754
• Chart Type: Candlestick with moving averages
Key Observations
1. Support Levels
• 0.714 → Strong support zone (recent bounce point).
• 0.671 – 0.660 → Major support cluster.
• 0.647 → Recent swing low (strong bottom support).
2. Resistance Levels
• 0.795 → First resistance.
• 0.837 → Next resistance above.
• 0.870 – 0.871 → Target resistance zone (aligned with green TP zone).
3. Current Price Action
• Price has bounced from the 0.714 support and is trading above EMAs, showing short-term bullish momentum.
• The move suggests a potential push toward higher resistances if momentum continues.
4. Trade Setup
• Entry: Around 0.754 (current price).
• Stop-Loss (SL): Below 0.714 support (around 0.71).
• Take-Profit (TP): 0.795 → 0.837 → 0.870.
5. Risk–Reward
• The risk is defined below 0.714, while the upside potential stretches toward 0.87.
• This gives a favorable risk-to-reward setup if bullish continuation holds.
✅ Bias: Short-term bullish as long as price stays above 0.714.
XAUUSD – Gold Stalls as USD Regains StrengthThe ISM Services PMI was reported at 50.9, higher than the previous 50.1 and still above the 50 threshold – indicating that the U.S. services sector remains in expansion. This is a sign that the U.S. economy is still resilient, and the USD immediately benefited. With a stronger dollar, it’s natural for gold to come under corrective pressure.
On the 8H chart, after a sharp rally, XAUUSD was capped at the 3,579 USD resistance . From there, price showed a reversal signal and started to retreat. The nearest support lies around 3,465 USD, and if this level is broken, the probability of a deeper decline increases significantly – especially as the fundamentals continue to favor the greenback.
In the short term , I favor a bearish scenario: sell while price stays below 3,579, targeting 3,465. Only a clear close above 3,579 would bring the bullish outlook back, but for now, gold looks set for a correction.
RLC going goodPrice was consolidating below a descending trendline (blue). It has now broken above it with momentum, suggesting a bullish breakout.
• Entry Zone:
Current price is around 1.3480 USDT after reclaiming the breakout area. The long entry zone starts above this breakout.
• Stop-Loss Zone (Red Area):
Placed below 1.3100 – 1.2500 USDT, with deeper support around 1.1770. This covers previous consolidation lows, protecting against false breakouts.
• Target Zone (Green Area):
The first target is around 1.4085 USDT (near resistance).
The major target is 1.6296 USDT, extending up toward 1.72 USDT (previous highs).
• Risk-to-Reward (RR):
The setup looks to be a high RR trade, aiming for more than 2–3x reward compared to the risk zone.
• Indicators:
Short EMA (yellow) has crossed above the longer MA (blue), confirming bullish momentum. Volume has also picked up on the breakout, which strengthens the setup.
👉 Overall: This is a bullish breakout trade with stop-loss protection below recent supports and upside targets toward 1.62–1.72 if momentum continues.
Btc long 1H TimeframeKey Observations:
1. Chart Type & Indicators:
• Timeframe: 1 Hour (1H)
• Indicators: EMA 9 (yellow), EMA 20 (blue) for short-term trend tracking.
2. Price Action:
• Current Price: 109,260 USDT
• Recently bounced sharply after a strong dip, showing bullish recovery.
3. Pattern:
• There’s a visible ascending triangle (orange lines), which usually indicates bullish continuation if price breaks upward.
• Price has broken out of the small ascending trendline with momentum.
4. Trade Setup (Long):
• Entry Zone: Around 109,260 USDT
• Target (TP):
• First resistance near 111,998 USDT
• Next major resistance around 113,217–113,431 USDT
• Stop Loss (SL): Around 107,200–107,386 USDT
5. Volume:
• Noticeable increase in buy volume at the breakout, confirming bullish pressure.
⸻
✅ Summary:
This is a long position setup based on breakout from an ascending structure. If BTC holds above the 109,000–108,500 support zone, it has potential to test 112k–113k levels. Stop loss is placed below the recent swing low (~107.2k).
Dixon Inverted HnSDixon Technologies is making a inverted Head n shoulder in the daily timeframe.
One can look for taking an entry at the retest of 17300-17320. Support can be considered at todays low. Keep a Check on the Chart and you will get to see how a head n shoulder is made.
Usually the Support for a HnS is right shoulder low so mid term traders can consider that level.
Follow for such more Analysis.
Jai Shree Ram.
AETHER Bullish Reversal Setup with Strong Risk-Reward PotentialAether Industries Ltd is showing signs of a potential trend reversal from a well-established support zone, supported by a descending triangle breakout pattern and improving technical indicators. This setup suggests a strong risk-reward opportunity for swing traders and positional investors.
⚡ Key Technical Points:
🔵 Descending Triangle Breakout Potential: The price is nearing a breakout from a long-term descending triangle. A breakout above the trendline (~₹778–₹790) could trigger a strong uptrend.
🟢 Strong Support Zone: ₹700–₹720 has held as solid support multiple times (as marked by green arrows), indicating strong demand at these levels.
🟩 Bullish Divergence on RSI: Relative Strength Index (RSI) is showing higher lows while price remains flat or lower, indicating bullish divergence—a sign of potential reversal.
🟢 Favorable Entries: 735, 720
🔴 Stop-Loss: Below 695 (Strong breakdown confirmation)
📈 Target 1 – 838.05 (Previous key swing high)
📈 Target 2 – 943.60 (Next resistance level from historical price structure)
✅ Why This Is a Technically Strong Setup:
✅ Multiple Support Bounces: 700–720 zone has been tested at least 4 times in the last year, showing strength.
✅ Volume-Based Reactions: While volume is low now, past spikes at support zones suggest institutional interest.
✅ Clear Risk Management: Stop-loss is tight (~6–7%) with targets offering 1.5–3x risk-reward potential.
✅ Potential Trend Reversal: Break above descending trendline and moving averages could signal a shift to bullish structure.
✅ Long Base Formation: The stock has been consolidating for over a year—long base formations often lead to explosive moves.
📢 Disclaimer: This is not financial advice. Always do your own research or consult with a professional before making investment decisions.
PFC By KRS Charts24th June 2025/ 9:40
Why PFC?
1. Fundamentally Good Company + Regular Dividend Payouts.
2. Technically, Feb 2025 low depth was equals to impulse Wave 4 , which shows correction got its full depth from wave theory perspective .
3. After Depth of Correction , it gave fake sell entry from 100EMA also and bounce back in Feb- Mar 2025 and sustaining above 100EMA currently.
4. Recently price action was making some sort of sideways pattern Flag or Triangle but most imp. is that I have noticed in mid-June in 1D TF it gave closing below support zone and from next day it enters back above the zone. which denotes SL hunted and Sellers got fake entry.
Note: Market do shakeout before breakout just to shake early investors and to hit SL of Breakout Traders. Can happens both sides Buy and Sell.
SL & Targets are mentioned!!
WTI Crude Oil Descending Triangle Pattern
WTI is forming a Descending Triangle pattern near recent support.
📊 Technicals : Flat base with lower highs compressing price action.
🔎 Key Levels: Breakdown below support 65 Leads To bearish continuation;
bounce above resistance 71 Leads To reversal setup.
⚠ Risk View: Energy fundamentals remain mixed — confirmation with volume is essential.
👉 Tactical takeaway: Wait for a breakout from the triangle before committing directionally.
A strong ~1:10 RnR XAUUSD/Gold trade idea.Gold has created a good price action which may lead to a very high RnR price movement.
Here are signals identified for the trade.
1. It is breaking trend inline after and earlier fake out. Which is a strong signal for upside move.
2. Taking reversal at golden zone of 4H last swing.
3. Rejection candle at 1H.
4. Bullish diversanse is already observed in RSI
5. Taking support from bullish trend line.
6. 5m W pattern is created and breakout done.
7. Price is taking pull back to broken resistance.
8. It may 1:10 trade if everything goes as plan.
9. Price rejection should be observed at the pullback level before taking further upside movement.
P.S.- This is jut an idea not trade recommendations.
BTCUSD Long Setup – Trend Continuation Play📌 Trade Details
Entry: 113,256.5
Target: 115,317.7
Stop Loss: 111,874.4
📊 Trade Rationale
✅ Trend Continuation: Price has respected the ascending trendline multiple times, indicating strong buyer interest.
✅ Break of Structure: Recent higher highs and higher lows confirm bullish momentum.
✅ Support Flip: Zone around 113,050 acted as resistance earlier and is now being retested as support.
✅ Volume Confirmation: Rising volume supports the bullish continuation bias.
✅ Clean Risk–Reward: With SL below structure and TP near major resistance, this setup offers a favorable RRR.
🎯 Target Zone
The target aligns with the next strong supply zone at 115,300+, where sellers may re-enter.
⚠️ Risk Management
Always size positions wisely, as crypto remains highly volatile. Protect your capital first.
Disclaimer:
This idea is for educational purposes only and not financial advice. Do your own research before entering any trade.
ETH Long🔎 Chart Breakdown:
1. Trendline Support (Orange Line)
• You’ve drawn an ascending trendline starting from Aug 26.
• Price just touched and bounced from this trendline around $4,490, showing it’s acting as a dynamic support.
2. EMA Indicators (15 & 35)
• Blue = EMA 15
• Yellow = EMA 35
• Currently, EMA 15 is below EMA 35 → short-term bearish bias, but if price holds the trendline, EMAs may start crossing bullish.
3. Support & Resistance Zones (Red & White Levels)
• Immediate support: $4,467 → just below current price.
• Major support: $4,370 → strong horizontal demand zone.
• Resistance levels:
• $4,570 (short-term resistance)
• $4,656 (next target/resistance)
• $4,854 (higher resistance).
4. Trade Setup on Chart (Green & Red Box)
• Looks like a long trade setup (buy position).
• Entry: Near $4,490 (trendline bounce).
• Take Profit (TP): Around $4,656.
• Stop Loss (SL): Below $4,370 zone.
• This gives a good risk-to-reward ratio if price respects the ascending trendline.
5. Volume
• No huge volume spike at the bounce, meaning confirmation is still weak.
• Need a strong bullish candle close above $4,570 for more conviction.
⸻
📌 Summary:
• ETH is bouncing from the ascending trendline at $4,490.
• If it holds, next upside targets are $4,570 → $4,656 → $4,854.
• If the trendline breaks, ETH could retest $4,370 support (and even $4,310 low).
This setup is a long position based on trendline support, but caution: if price closes below $4,467–$4,370, the bullish setup fails.
GOLD(XAUUSD) Forming a pennant / ascending triangle 📌 Gold (XAUUSD)
Forming a pennant / ascending triangle with strong resistance near $3,390 – 3,400.
Volume is declining, suggesting indecision.
RSI holding above 50 but not powering higher → momentum is slowing.
MACD flatlining, no fresh bullish impulse yet.
👉 Breakout above $3,400 needed for continuation. Breakdown below $3,340 risks correction.
BNB/USDT – Bullish Breakout Trade Idea✅ Entry: 871.564
🎯 Target: 890.455
⛔ Stop Loss: 862.304
🔎 Trade Rationale:
Ascending Triangle Breakout – Price has respected the rising trendline and finally broken above the neckline resistance, signaling bullish continuation.
Volume Confirmation – A notable increase in buying volume supports the breakout strength.
Resistance Flip – The previous supply zone around 870 has turned into support, adding confluence.
📊 With a strong bullish structure and favorable RRR, this setup aims to capture the next push towards 890 zone.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk before trading.