BTC/USD Soars: A Surge That Took the Market by SurpriseBitcoin BITSTAMP:BTCUSD has shocked the market with a massive surge, reaching new highs in recent days. This unexpected jump has taken many traders and analysts by surprise, as BTC breaks through previous resistance levels.
The driving forces behind this surge appear to be increased institutional interest, positive market sentiment, and strong demand from retail investors. As Bitcoin enters new territory, it's essential for traders to stay vigilant and manage their risk, as volatility remains high.
Will Bitcoin continue its rally or face a correction? Keep an eye on the charts for the next move!
Short
NIFTY50Nifty could 📉 fall to below level 24850 within 18th July 2025 or to the white line marked on the chart.
Even there's a high possibility that 24850 could break and it could even fall 📉 to below red dashed line 24370 within last week of july 2025.
Disclaimer:
It's a personal view not a financial advice and I assume no responsibility and liability whatever outcome arises.
XAUUSD Short Setup – Bearish Structure Break & RetestI’m watching a clean bearish structure on Gold (XAUUSD) as follows:
✅ Trendline Rejections:
Price has respected a descending trendline with three confirmed lower highs, showing clear bearish pressure.
✅ Key Support Broken:
The 3,325–3,330 zone previously acted as strong support. Price has broken below this area with momentum.
✅ Potential Retest:
I expect a pullback retest of the broken support (now resistance) zone. If we see rejection in this area, I plan to enter short.
✅ Target Area:
The final target for this move is set near the 3,262–3,265 zone, which aligns with previous demand and potential liquidity levels.
🎯 Trade Idea Summary:
Bias: Bearish
Entry Zone: 3,325–3,330 (on retest confirmation)
Stop Loss: Above the descending trendline (~3,340+)
Target: 3,262
Risk-Reward: Approx. 1:2 or higher depending on entry execution
⚠️ Note:
Always confirm entries with price action (e.g., bearish engulfing candles or rejections) before entering. Manage risk properly as Gold can be volatile.
💬 What do you think? Share your thoughts and charts below!
#XAUUSD #Gold #TradingView #ShortSetup
BTCUSDT – Is a Breakout Imminent?Bitcoin is once again testing the descending trendline that previously triggered three strong rejections, hovering around the 106,500–106,600 USDT zone. A clear rounded bottom has formed, with strong support holding around 104,200–104,700, fueling the recent rebound.
Price action is now consolidating just below the key resistance, setting the stage for a potential bullish continuation pattern. A clean breakout above this zone could open the door for a rally toward 108,600 and even 110,200 – both previous highs.
However, if the trendline holds again, the highlighted support zone is likely to attract fresh buying interest. The overall market bias leans bullish, but confirmation via breakout is crucial for the next move.
Are you ready to ride the next BTC wave?
Crude Oil Futures Under Pressure; Key Resistance Confirmed at ₹5Crude Oil futures on the MCX continued their downward trajectory on Wednesday, closing near ₹4,949 amid growing bearish momentum. WaveNodes Pro Max AI flagged a "Seller Trap Possible", but downside targets remain intact for now.
Seller trap alert means big players are finding opportunity to trap or shed short sellers.
The system-identified Short Entry at ₹5,212 has held firm as resistance, with two clear retests failing to breach the impact zone of ₹5,233–₹5,263. This former support has now flipped decisively into supply, adding pressure on intraday rallies.
🔻 Key Developments:
AI Bearish Probability: Rises to 50.9%, surpassing bullish odds.
Target 1 (₹5,036–₹5,103) achieved successfully.
Target 2 set at ₹4,750–₹4,818, with potential for deeper correction toward ₹4,465–₹4,533.
Profit Booking Alert: ₹5,084 marked as short-term profit-taking zone.
📉 Market Sentiment:
Volatility remains elevated at 23 PPB, with good volatility reading at 21 PPB, suggesting controlled but active movement.
Despite bearish strength, the AI warns of a possible seller trap, especially if prices reclaim levels above ₹5,084.
🧠 Analyst Take: “The rejection at ₹5,212 confirms the breakdown structure. As long as crude trades below this zone, lower targets remain open. However, a surprise reclaim could trigger short covering,” analysts from WaveNodes noted.
📊 Outlook:
Trend: Bearish
Resistance: ₹5,212–₹5,263
Support: ₹4,750 → ₹4,465
Traders are advised to watch volumes closely as crude approaches the next support band. A failure to break lower could validate the seller trap thesis.
Looking for sellside in USDJPY...Hello traders!
Yen gave the draw targets as I had previously outlined on X and TradingView & now we're looking for sellside.
As long as price is held below the daily ifvg, I'm bearish.
Already executed a scalp today on the 15 seconds chart in alignment with the said draw.
Not financial advice.
GLGT.
NIFTY 50It could test below support level marked on the chart at 24147 or on that red line within (4th Nov 2024)
If red line breaks early then that white line is an ultimate support at 23800 (18th Oct 2024)
Disclaimer:
It's a personal view not a financial advice and I assume no responsibility and liability whatever outcome arises.
what to expect from FOMCAs the FOMC (Federal Open Market Committee) releases its minutes today, the impact on gold prices is expected to be significant. Currently, gold is trading in a tight range, as markets are awaiting clarity on the Fed's future monetary policy stance. If the FOMC minutes hint at continued hawkishness, signaling higher or persistent interest rates, gold may face downward pressure due to the stronger U.S. dollar and rising yields, making non-yielding assets like gold less attractive.
Conversely, if the FOMC minutes suggest a more dovish outlook—indicating a potential slowdown in rate hikes or even rate cuts—gold could see an upward move as lower interest rates tend to benefit safe-haven assets like gold. Additionally, geopolitical tensions and strong demand from central banks are providing medium- to long-term support for gold(
So, if today's minutes suggest easing monetary policy in the near future, you could expect a rebound in gold prices. However, a more aggressive stance by the Fed could result in further gold price declines. Keep an eye on the broader market reaction to get a clearer direction.
EURUSD SHORT - 1H TIMEFRAMEFOREXCOM:EURUSD - 1H
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading
Hustle hard
Markets can be Unpredictable, research before trading.
Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!!
KOTAKBANK // Levels // 30 min"Welcome to SkyTradingZone "
Hello Everyone 👋
Kotak Mahindra Bank (KOTAKBANK) on the 30-minute timeframe:
Support Levels:
First Support: 1,750
Second Support: 1,730
Third Support: 1,710
Resistance Levels:
First Resistance: 1,780
Second Resistance: 1,800
Third Resistance: 1,820
HDFCBANK // Levels // 30 Min"Welcome to SkyTradingZone "
Hello Everyone 👋
As of September 6, 2024, HDFC Bank's (HDFCBANK.NS) support and resistance levels are ₹1641.87 and ₹1649.77. If the price crosses the support level, it could indicate a bearish movement, while crossing the resistance level could indicate a bullish movement.
Support and resistance levels are specific price points on a chart where buying or selling is expected to be the highest. The support price is a price where buyers are expected to be more than sellers, while the resistance price is a price where sellers are expected to be more than buyers.
TATAELXSI, Technical OutlookAs the price is already in a downtrend, now we have a fresh breakdown.
A short trade of 5% to 6% can be planned here.
What are your views on this short setup and which level is best for technical stop loss ?
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
ITC Technical Outlook, Support Broken with a strong momentumToday an important support of 423 has been broken with a strong momentum having RSI below 40. The price could test the next support level of 414 and if broken then we go for 400.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.