GBPJPY SELL ENTRY – SUPPLY ZONE TRADE SETUP🔻 GBPJPY SELL ENTRY – SUPPLY ZONE TRADE SETUP
📊 Timeframe: 1 Hour
💡 Concept: Supply Zone | Premium Price Area
Price is approaching the strong supply zone between 203.39 – 205.21, which aligns with previous structural imbalance and liquidity sweep zones.
Expecting bearish reaction once price taps into the zone. Sellers may take control, pushing price downward.
📍 Entry Zone: 203.39 – 205.21
🎯 Target 1: 200.50
🎯 Target 2: 198.00
🛑 Stop Loss: Above 205.50
🧠 Trade Idea: Wait for bearish confirmation candle or market structure break on lower timeframe before entering short.
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XAUUSD – EARLY WEEK SCENARIO - ATH CONTINUES TO HOLD CHAINXAUUSD – EARLY WEEK SCENARIO - ATH CONTINUES TO HOLD CHAIN
Hello trader 👋
Gold prices are currently moving sideways after a strong previous surge. The market is temporarily lacking momentum as the US government remains shut, causing economic data to be delayed – this reduces liquidity and makes many short-term traders hesitant to open new positions.
Currently, the price structure remains within the upward channel, but there are signs of accumulation and tug-of-war around key resistance – support zones. Therefore, the suitable strategy at this stage is “Buy at support zones, Sell at psychological resistance”, combined with POC (Point of Control) on Volume Profile to identify the price area with the highest liquidity.
⚙️ Technical Structure
The overall trend remains bullish, however, short-term corrective waves may appear as the price approaches strong resistance zones.
Thick volume areas clearly shown on the chart are where large investors are accumulating or distributing orders.
RSI is currently in the neutral zone → no overbought signals yet, so the possibility of range-bound movement remains high.
⚖️ Detailed Trading Scenario
🔴 SELL ZONE (Strong resistance – priority sell reaction)
Entry: 3,970 – 3,972
SL: 3,977
TP: 3,952 → 3,935 → 3,920 → 3,905
👉 Note: This is a psychological resistance zone – confluence between the upper edge of the price channel and the previous volume peak.
🔴 SELL SCALPING (short-term sell when support breaks)
Entry: 3,923 – 3,925 (wait for support break confirmation)
SL: 3,930
TP: 3,910 → 3,900 → 3,885 → 3,860
🟢 BUY ZONE (buy at support + POC volume profile)
Entry: 3,883 – 3,885
SL: 3,875
TP: 3,900 → 3,915 → 3,940 → 3,965 → 4,000
👉 This is a strong technical support zone, coinciding with the POC of Volume Profile – high liquidity, high rebound potential.
💡 Insights & Notes
The upward price channel remains intact, but buying power is gradually weakening, making short-term corrections likely.
Be patient and wait for directional confirmation before entering trades, avoid FOMO during sideways phases.
Limited news this week due to the US political situation → market is prone to tug-of-war, low volatility.
📌 Summary:
Buy at liquidity support zone (3,883–3,885).
Sell reaction at psychological resistance zone (3,970–3,972).
Maintain a flexible mindset within the fluctuation range, wait for clear confirmation signals to increase winning rates.
Stay updated with new gold articles by following me
EURNZD SELL ENTRY - SUPPLY ZONE TRADE SETUP🔻 EURNZD SELL ENTRY - SUPPLY ZONE TRADE SETUP
📊 Timeframe: 45 Minutes
💡 Concept: CE = DT = Supply Zone
Price has reached the strong supply zone, where previous double top structure (DT) and change of character (CE) confirm potential bearish pressure.
Currently, price is testing the supply zone — expecting sellers to dominate from here.
📍 Entry Zone: 2.0093 – 2.0142
🎯 Target 1: 2.0000
🎯 Target 2: 1.9950
🛑 Stop Loss: Above 2.0163
🧠 Bias: Bearish
📈 Confirmation: Watch for rejection candles or lower timeframe structure break before entering short.
ITC Downside Ke Side Target Hain 347 Ya Phir Trend Breakout Here’s a clear and complete overview of **ITC Business** 👇
---
## 🏢 **About ITC Limited**
**ITC Limited (Indian Tobacco Company)** is one of India’s biggest and most diversified conglomerates.
It was established in **1910** and is headquartered in **Kolkata, India**.
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## 🔹 **Full Form:**
**I**mperial **T**obacco **C**ompany of India Limited
(now known simply as **ITC Limited**)
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## 🌐 **Business Segments of ITC**
ITC operates in **multiple sectors**, not just tobacco:
### 1. 🥦 **FMCG (Fast-Moving Consumer Goods)**
ITC is one of India’s top FMCG companies.
**Popular brands include:**
* Aashirvaad (atta, ghee, salt, spices)
* Sunfeast (biscuits, pasta, noodles)
* Yippee! Noodles
* Bingo! Chips
* Fiama, Vivel, Savlon (personal care)
* Classmate, Paperkraft (stationery)
* Mangaldeep (agarbatti, dhoop)
---
### 2. 🌾 **Agribusiness**
* One of India’s largest buyers and exporters of agri-products
* Works directly with farmers via **e-Choupal network**
* Products: wheat, rice, coffee, soya, spices, etc.
---
### 3. 🏨 **Hotels**
ITC operates luxury hotels under the brand:
* **ITC Hotels**
* **WelcomHotel**
* **Fortune Hotels**
* **Mementos by ITC**
---
### 4. 📦 **Paperboards & Packaging**
* Leading producer of eco-friendly paper and packaging materials
* Used for notebooks, cartons, and FMCG packaging
---
### 5. ⚙️ **Information Technology**
Through its subsidiaries:
* **ITC Infotech** – provides global IT and digital solutions
(clients in banking, retail, and manufacturing)
---
## 💰 **Market Information (as of 2025)**
* **Stock Symbol:** ITC (NSE & BSE)
* **Market Cap:** Over ₹6 lakh crore
* **Share Price Range:** Around ₹420–₹480 (fluctuates)
---
## 🌱 **Sustainability & CSR**
ITC is known for:
* Being **carbon-positive, water-positive, and solid-waste recycling positive** for many years.
* CSR projects in rural education, women empowerment, and sustainable agriculture.
---
## 🧩 **Business Model Summary**
* Multi-sector presence (diversified)
* Focus on Indian consumers and rural growth
* Strong brand portfolio
* High dividends for shareholders
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DELHIVERY Price ActionDELHIVERY has recently displayed a stable performance, with its stock trading in a tight range after recovering from previous lows. The price trend shows higher support levels indicating accumulation, while minor pullbacks have led to renewed buying interest. The company’s operational strengths in logistics and expanding e-commerce volumes continue to support positive market sentiment.
Technically, DELHIVERY maintains momentum above key moving averages, and volumes have been steady during upticks. There is mild resistance near its recent peak, and a clear breakout could trigger additional gains. On the downside, sustained weakness below established support may encourage short-term corrections. Overall, the outlook remains constructive, driven by robust business fundamentals and positive demand for digital logistics solutions.
Critical Support Zone: 0.786 Fib Holding?After a strong rally, INVZ has retraced sharply to the 0.786 Fibonacci level (~$0.75). This level is often considered the last line of defense for bulls before a deeper correction.
📌 Key Observations:
✅ Price testing 0.786 Fib—a potential bounce zone if buyers step in.
✅ RSI near 40, approaching a possible reversal territory.
✅ Low-volume selling suggests no strong bearish conviction yet.
🚨 Key Levels to Watch:
🔹 Support: $0.75 (0.786 Fib), $0.46 (1.0 Fib).
🔹 Resistance: $0.97 (0.618 Fib), $1.13 (0.5 Fib).
If this support holds, a strong bounce could take the price back towards $1.13+. However, a breakdown below $0.75 may open the door to lower levels.
What do you think? Will bulls defend this level, or is more downside ahead? Share your thoughts! 📊👇
#INVZ #Fibonacci #Stocks #Trading #TechnicalAnalysis
SMCI - Symmetrical Triangle Breakout SetupSMCI is at a major decision point. Wait for breakout confirmation above $57.78, use the triangle structure and Fibonacci extensions as your target zones, and manage risk via the marked stop levels. This technical setup combines classical charting with quantitative projections, providing a clear framework for swing traders and investors.
Key Levels and Setup
Symmetrical Triangle: Price is consolidating between converging trendlines, now nearing the apex, signaling an imminent breakout move.
Breakout Level: A sustained close above $57.78 (upper trendline/horizontal resistance) would confirm the bullish breakout.
Stop Loss: Clearly marked near the lower horizontal line (below $39.47 or $35.18) to protect against false breakouts.
Inverted Head and Shoulder Pattern Breakout in Bank NiftyBank Nifty has given a Big Breakout in 4HR time frame.
Price has broken the trend line with gapu0 and then sustained above and closed high.
A full explanation video with entry and Target has been made live on my YouTube channel. Also, analysis of Nifty, Bank Nifty and sensex has also been given in video.
The channel link is given in my Bio (Channel Name: Smart Stock Insight)
Subscribe for daily analysis video.
Note: This analysis is for Educational Purpose Only. Please invest after consulting a professional financial advisor.
Mangalore Refinery and Petrochemicals LtdMRPL's technical structure appears bullish if it can break and sustain above its current resistance. Otherwise, it will likely continue its range-bound movement within the channel.
The price movement shows a "Falling Channel" (downtrend channel) within a larger uptrend channel. This suggests the stock has been correcting within a broader bullish structure. It recently bounced from the lower boundary of the falling channel, around 150, which is acting as a key support level.
If MRPL closes above 154, it would confirm a breakout from the falling channel, indicating the end of the corrective phase and the start of a new upward swing within the long-term bullish trend, and the possible target is 184.
XYZ: Multiple resistance points being tested v/s High VolumeMonthly chart of XYZ shows multiple resistance points (including 200 week) are being tested, however significant volumes on 21st and 22nd July + 10week EMA crossing above 20 Week EMA, along side results day c.6th Aug make this an interesting intersection of resistance lines... am holding since the hammer created around bounce back zone.. will watch it over the next few days before exit.
ORIENT TECH - VCP Breakout with Pocket PivoTThis chart showcases a classic Volume Contraction Pattern (VCP) formation in ORIENT TECH, followed by a powerful breakout triggered by a Pocket Pivot setup. After forming a non-linear base, the price consolidated through multiple contractions, aligning major moving averages. The marked Pocket Pivot alongside VCPs indicated increasing accumulation and momentum. The breakout above the VCP base led to a sharp price surge, confirming trend reversal and strong bullish sentiment. Key fundamentals and technical overlays support the move, making this a prime example for advanced traders tracking high-probability breakout opportunities.
SELLDow Jones Industrial Average – Elliott Wave Cycle Analysis
Following the market crash of 2020, the DJI initiated a new long-term impulsive wave cycle:
- Wave 1: Began on 30 March 2020 and extended through 27 December 2021, marking a strong bullish recovery phase.
- Wave 2: A corrective zigzag pattern unfolded, bottoming out in October 2022.
- Wave 3: A powerful rally commenced post-correction, culminating on 2 December 2024, consistent with the characteristics of a third wave—typically the strongest in momentum.
- Wave 4: A complex elongated flat correction formed, concluding around 7 April 2025.
- Wave 5: The index has since resumed its upward trajectory, entering the final leg of the cycle.
🔺 Structural Implication:
Wave 1 remains the largest in magnitude, suggesting the development of an Ending Diagonal in Wave 5. This pattern typically occurs in the final wave of a motive sequence and is characterized by converging trendlines and weakening momentum.
📉 Key Technical Signal:
To validate the Ending Diagonal structure, the price must breach the 1–3 trendline, which is currently within close proximity. A breakdown below this trendline would signal the completion of the long-term bullish cycle and potentially usher in a broader corrective phase.
⚠ Investor Note:
The DJI appears to be approaching the terminal phase of a multi-year impulsive cycle. Traders and investors should exercise caution and monitor key structural levels closely, as the risk of a significant reversal increases upon completion of the Ending Diagonal.
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AMPXAMPX Daily: The stock appears to be trading within an ascending channel, which is a bullish pattern. The upper and lower parallel lines create a range, and the price has been consistently trending upward since May. The price is nearing the midline of the channel near the $13-14 range, which could act as short-term resistance.
There’s a clear horizontal support zone in the $12.50-13 area highlighted on chart. The price is currently sitting on this resistance zone after briefly breaching above it in the past few candles.
If the support holds, there’s potential for further bullish momentum. However, if this zone fails to hold, the next lower levels of support could be closer to $11 or the bottom of the ascending channel.
#ampx#stockmarket#sigal#forex
GOLD Marching Toward $4,000 Zone? Gold Holds Firm Above 3,900Gold starts the week with relentless bullish momentum, breaking through 3,900 USD for the first time and eyeing new record highs.
The rally is fueled by safe-haven demand as the US government shutdown drags on and market expectations grow for an upcoming Fed rate cut. Despite a stronger USD and risk appetite in equities, gold buyers remain firmly in control.
🔎 Technical Outlook (H1 – FIBO Matrix)
📍 Reaction Buy Zones
3884 – 3880 (Fibo 0.5 support) → Short-term demand pocket.
386x (Fibo 0.618 H1) → Stronger liquidity-backed support, high-probability rebound zone.
📍 Reaction Sell Zones
393x – 394x (Fibo Extension 1.5 – 1.618) → Intraday resistance, possible rejection.
4,000 (Psychological Round Level) → Key psychological barrier; heavy liquidity likely.
🎯 Trade Plan
1️⃣ BUY Scenario
Entry: 3884 – 3880 / 386x, wait for bullish confirmation.
Targets: 3925 → 3940 → 4000.
Stop Loss: Below 3850.
2️⃣ SELL (Short-term Scalp)
Entry: 393x – 394x or rejection at 4000.
Targets: 3900 → 3884.
Stop Loss: Above 3952.
⚡ Key Insights
Trend bias remains bullish → Prefer long setups from strong Fibo supports.
3925 is the immediate hurdle, 4000 the ultimate psychological wall.
Watch USD volatility and Fed commentary for intraday direction.
💬 What’s your take, India?
Do you expect Gold to hit 4,000 this week, or will sellers defend the zone? Drop your setups 👇
Gold Maintains Bullish Momentum Above Uptrend SupportAnalysis:
The 1-hour chart of XAU/USD shows a strong upward trendline, which has been consistently respected by price action. After a clear bullish momentum breakout around September 25th, gold has continued to post higher lows, confirming buyers’ control of the market.
Currently, gold is trading at $3,878, consolidating just below the $3,924–$3,935 resistance zone. The chart suggests two possible scenarios:
Continuation: If the price respects the upward trendline and breaks above the $3,924–$3,935 resistance, gold could aim for new highs, extending the bullish run.
Short-Term Pullback: A minor correction to retest the trendline is possible, but as long as the trendline holds, the bullish structure remains intact.
Technical Outlook:
Support: $3,855 / $3,785
Resistance: $3,924 – $3,935
Trend: Strongly bullish, supported by ascending trendline
Bias: Buy on dips towards the trendline, targeting a breakout above $3,935