Shortsetup
Bitcoin Update – Price Action Still on TrackBitcoin Update – Price Action Still on Track
Yesterday’s scenario has played out accurately, with BTC continuing to respect the descending channel. Each time price touched the upper trendline, it quickly turned lower, and now it is reacting around the midline of the channel, near the 113,000 zone — exactly the level highlighted earlier as an area to watch.
With this corrective move, I expect BTC could retest the 115,000 area before resuming its broader downtrend. The next downside target remains around 110,000, as larger timeframe structures usually require a corrective pullback before continuing the main trend — something Dow Theory traders will clearly recognise.
Today also coincides with discussions on interest rate policy, which could bring higher volatility as investors take a more cautious stance across global financial markets. However, FOMC outcomes often have limited impact on Bitcoin, given its relative independence from traditional macroeconomic drivers compared to gold or forex markets.
In the short term, traders may consider long opportunities near the 113,000 area with a tight stop just below the recent support, aiming for a corrective move towards 115,000 before the main downtrend resumes.
Strong trading comes from patience and discipline. Stick with the defined scenario rather than reacting emotionally to intraday swings.
Wishing you successful trades. What’s your view on Bitcoin’s price action here? Share your thoughts below.
#BTCUSD #Bitcoin #CryptoAnalysis #TechnicalAnalysis #PriceAction #Trendline #CryptoTrading #SwingTrading
Bitcoin – Updated Trading ScenarioBitcoin – Updated Trading Scenario
BTC followed the expected move by testing the 117,000 zone before turning lower, but it did not align with the anticipated ABC correction under Elliott Wave. At present, price is showing signs of slipping below the 114,700 support, suggesting that the corrective phase may not have ended at the previous wave 5 low.
Based on Dow Theory, the ongoing decline could extend towards the 113,000 area before the market sees a stronger rebound. A descending channel has now formed, and price is reacting well to the upper trendlines, reflecting that short-side pressure remains dominant.
In this context, prioritising short positions in line with the prevailing downtrend may improve the probability of success. The next major target lies near 110,000, where strong resistance clusters from higher timeframes converge.
For short-term traders, it is possible to take advantage of pullbacks towards the channel trendlines to look for quick entries following the main direction. Risk management is key here, and traders should avoid rushing into longs while the corrective leg is still in play.
A downtrend often lasts longer than expected, but once selling pressure fades, the recovery phase can be sharp. Patience and discipline are essential to capture the right opportunity rather than fighting against the flow.
#BTCUSD #Bitcoin #CryptoAnalysis #TechnicalAnalysis #PriceAction #ElliottWave #MACD #CryptoTrading #ForexIndia
Gold form double top bearish pattern,Bearish Patterns Annotated:
Double Top: A classic bearish reversal pattern resembling an "M" shape. It occurs when price hits resistance twice at similar levels (here, approximately $3,437 and $3,448 in July and August) and fails to break higher. This signals potential exhaustion of buyers and a shift to sellers.
Evening Star: A three-candle bearish reversal pattern marked near the recent high. It typically consists of a large green candle (up day), followed by a small-bodied candle (indecision), and then a large red candle closing below the midpoint of the first candle. This suggests bulls are losing control.
Engulf Candle (Bearish Engulfing): A red candle that completely "engulfs" the body of the prior green candle, indicating strong selling pressure overriding previous buying. It's marked near the top, reinforcing the reversal theme.
Opportunity: - As per chart it can short 3380-3350 with stop loss 3400 above for the targets of double bottom pattern 3260 and 3160.
ETHUSD Lowers High Formation After Recent Peak Eyes 4010📊 Key Observations:
Trend Shift: After peaking near 4,700, ETH rejected strongly with a caution signal at the top, marking a possible exhaustion zone.
Sell Signals: Multiple sell triggers emerged after the top, showing sellers defending resistance levels.
Liquidity Zone: Price is consolidating under the 4,434 – 4,480 area, which is acting as fresh resistance.
Moving Averages: Short-term averages have crossed downward, aligning with bearish momentum.
📉 Current Setup:
Entry region: Around 4,408 – 4,434 (resistance rejection area).
Target zone: 4,009 – 4,040 (highlighted objective area).
Stop level: Above 4,480 (recent supply zone).
🔎 Reasoning:
Lower highs are forming after the recent peak.
Strong sell presence above 4,400s.
Breakdown structure suggests continuation toward the 4,200 handle, with an extended target closer to 4,009.
Market caution markers confirm a potential trend reversal zone already formed earlier.
✅ETHUSD is in a bearish continuation phase unless bulls reclaim 4,480+. Watching the 4,200 and 4,009 levels as key downside objectives.
⚠️ Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage risk before making trading decisions.
ETHUSD-15MIN SHORT Setup After Supply RejectionThis chart highlights a potential short trade opportunity on ETHUSD following rejection at the overhead supply zone.
Technical Notes:
Yellow caution markers signaled earlier high-probability trend shift points.
Price tested the zone near 4,240, where prior selling pressure emerged.
The recent SELL marker aligned with a break below the moving average, confirming bearish bias.
Liquidity levels below remain untested, offering a possible draw toward the 3,967 target.
Stop-loss placed above recent highs to maintain favorable risk-to-reward.
Bias: Bearish toward target area unless price reclaims and sustains above supply zone.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Trading and investing involve risk, and past performance is not indicative of future results. Always conduct your own research before making trading decisions.
BTCUSDT – 1H Chart Analysis📊 BTCUSDT – 1H Chart Analysis
Current Structure
• Market has been in a downtrend with a sequence of Lower Highs (LH) and Lower Lows (LL).
• Price recently broke above the descending trendline and is now testing it for support.
• Key horizontal levels marked in white and red provide both breakout and rejection opportunities.
⸻
📈 Bullish Scenario (Breakout Confirmation)
• Trigger: If price holds above 116,000 – 116,200 and closes 1H above trendline.
• Entry Zone: 116,500 – 116,800 (post retest confirmation)
• Targets:
• TP1: 117,340 (immediate resistance)
• TP2: 118,165 (strong supply zone)
• Extended: 119,810 – 122,800 (major liquidity zone)
• Stop Loss: Below 115,980 (trendline break + support fail)
⸻
📉 Bearish Scenario (Rejection & Breakdown)
• Trigger: If price fails to hold above the trendline and breaks below 115,980.
• Entry Zone: 115,800 – 115,500 (after breakdown retest)
• Targets:
• TP1: 115,238 (previous demand)
• TP2: 114,656 (strong support)
• Extended: 112,000 – 111,984 (major demand)
• Stop Loss: Above 116,700 (fakeout invalidation)
⸻
💡 Summary:
• Bulls need a clean hold above the trendline to reverse the downtrend structure.
• Bears regain control if support breaks and price returns inside the descending channel.
• Watch volume closely — a breakout with weak volume may lead to a fakeout.
Keep an eye on #BandhanbankIt appears that Bandhan Bank is currently forming a corrective pattern, which may lead it to fall back to fresh lows.
Always trade with a protective stop.
**This is an educational market outlook, not investment advice. Please consult a SEBI-registered advisor before taking any investment decisions.**
Cheers,
PipVoyager
#AUBANK entering 4th Wave – Downtrend likely ahead?Technical analysis suggests AU Small Finance Bank is currently in Wave 4 structure, indicating a potential correction phase. Investors should brace for a possible decline. Caution is advised in the short term.
**This is an educational market outlook, not investment advice. Please consult a SEBI-registered advisor before taking any investment decisions.**
MUTHOOTFIN Structure Breakdown- 2277- Step Towards a Fall 🔍 Technical Structure Breakdown:
🟡 Caution label printed after extended distribution — often a signal for upcoming directional shift.
🔴 Price rejected strongly from the upper red supply zone near ₹2,656, confirming resistance from prior SELL cluster.
⚪ Structure broke below a multi-session accumulation zone, flipping the bias to bearish.
🟢 Current rebound is testing the underside of broken structure — often a key area for rejection or continuation.
📉 Target: ₹2,277, aligning with a major historical reaction zone and potential liquidity pocket.
This setup reflects a classic breakdown-retest structure where price may revisit lower order blocks if it fails to reclaim the broken support zone.
⚠️ Disclaimer:
This post is intended solely for educational purposes and does not constitute financial advice. Please do your own research and consult a licensed financial advisor before making any investment or trading decisions.
XAUUSD - Intraday Eyes Short 📌 XAUUSD 45-min — Sell Signal at Supply After Aggressive Impulse Rally
Technical Structure Notes (45m):
🔺 A strong impulsive leg lifted price from sub-3320 zones toward 3360 — completing a breakout from accumulation.
🔴 SELL Signal triggered near prior rejection zone after signs of exhaustion.
🔻 Price is currently reacting to short-term supply, with the red moving average acting as a dynamic decision point.
🟫 Supply zone aligns with previous resistance, suggesting potential rejection unless price reclaims 3362.
📍 If price fails to hold above 3353, a pullback toward 3315–3320 becomes technically plausible.
Disclaimer: This chart is shared strictly for educational purposes and is not financial advice. Always perform your own analysis and manage risk before taking any trading decisions.
EURUSD Eyes Short Structure Break📌 EURUSD 15-min — Structure Breakdown After Consolidation Near Resistance
Technical Chart Breakdown (15m):
🔴 SELL Signal triggered after price rejected upper boundary of a tight consolidation box.
🟠 Multiple rejections formed just below 1.158 — suggesting local supply absorption.
🔻 Price broke below the red moving average and consolidation low, confirming momentum shift.
🟡 Leola Lens caution structure (box cluster) marked a potential pause before breakdown.
📉 Downside focus remains valid as long as price stays below 1.158.
🔍 Structural target zone extends toward 1.15, with intermediate reaction levels visible.
Disclaimer: This chart is shared for educational purposes only and does not constitute financial advice or a recommendation to trade. Always conduct your own analysis and manage risk appropriately.
M&M Short Setup-Rejection from Supply Zone + Trend ConfirmationThis 2H chart on Mahindra & Mahindra Ltd. reflects a structure-aware short opportunity, based on price rejection from a key resistance zone and alignment with Leola Lens SignalPro logic.
🔎 Technical Structure Highlights:
🔴 SELL signal confirmed as price failed to sustain above recent supply clusters.
🟤 Multiple rejection blocks visible near ₹3,180 — now acting as resistance.
⚪ Price broke below the adaptive white base trendline, turning it into overhead pressure.
🟡 Prior yellow caution marker (trend shift risk) proved meaningful as momentum faded.
🟥 Defined invalidation level above ₹3,180.25.
🟢 Bearish targets align with previous demand zones near ₹3,025 and ₹2,919.
📌 Context Note:
Trend has shifted from congestion to downside acceleration. A clean break of recent structure suggests caution for longs. Watch for volatility around upcoming earnings.
📚 This is a technical case study — for educational use only.
Always trade with risk controls and your own judgment.
#M&M #Mahindra #NSEStocks #PriceAction #ShortSetup #StructureTrading #TechnicalAnalysis #SignalPro
TATAMOTORS Breakdown Watch-Structure Rejection & MomentumThis 1H chart on Tata Motors highlights a structure-aware short setup, guided by the Leola Lens SignalPro overlay.
🔍 Technical Breakdown:
🔴 A fresh SELL signal appeared after price lost the adaptive trendline and failed to reclaim the resistance block.
⚪ Price retested the liquidity rejection zone near ₹650–₹652 before continuing lower.
🟣 The white base trendline is now acting as overhead pressure.
🟥 The Liquidity Control Box serves as invalidation above ₹665.70.
🟢 Potential target zones extend toward the ₹620–₹580 region, aligning with prior demand clusters.
🧠 Context Note:
The setup follows a clear structure rejection after a failed bullish attempt. Momentum confirms the shift, but risk management remains essential due to volatility and earnings
📌 For educational purposes only.
Always manage risk and confirm with your own strategy.
#TataMotors #ShortSetup #StructureTrading #IndianStocks #NSE #PriceAction #TechnicalAnalysis
UK100-Short Setup After Supply Zone RejectionPrice rallied sharply from the lows after a Buy signal, showing strong momentum into resistance.
After the rally, a Sell signal has emerged near local highs and beneath a defined structure zone.
Price has started to reject from the zone, with EMAs flattening out — hinting at short-term weakness.
🔍 Educational Setup (Short Bias):
Observed Entry Area: Near 9,146.80
Stop Reference: Above 9,155.96 (supply invalidation point)
Target Zone: 9,092.29 — aligned with previous demand base and structural retest
🧠 SignalPro Observations:
Earlier Buy sequence led to momentum burst — now fading as price meets resistance
EMA behavior suggests potential for mean reversion or short-term correction
Liquidity cluster below may act as a draw in the near term
⚠️ This chart and analysis are for educational purposes only. This is not financial advice. Please conduct your own analysis and manage risk before making any trading decisions.
Gold Breaking Down – Rising Channel + Wedge Breakdown
Gold Breaking Down – Rising Channel + Wedge Breakdown
Description:
Gold has broken down from a rising channel on the daily timeframe and a rising wedge on the weekly, signaling a possible intermediate correction.
Key Observations:
- Momentum divergence on RSI, MACD, EFI
- Bearish volume supporting the move
- Price now below 20 EMA, approaching 50 EMA
- Weekly wedge failure after a secondary test of highs
Macro Drivers:
- Lower inflation
- Stable USD
- Dovish Fed stance
- Middle East tension cooled
- Gold appears overpriced on relative terms
Trade Setup:
🔻 Breakdown: ₹97,500
🎯 Targets: ₹92,000 → ₹87,000
🛑 Stoploss: ₹1,00,560 (near ATR and resistance)
🧠 Bearish bias short-term unless macro changes again.
Silver Futures – Bearish Reversal in Progress
Silver Futures – Bearish Reversal in Progress
Description:
Silver is showing a strong technical reversal across timeframes. Short-term correction looks likely.
Technical Setup:
Daily:
Evening Star + Bearish Engulfing
Flattening EMAs
Volume and MACD confirming momentum slowdown
Weekly:
Gravestone + Southern Doji near resistance
RSI close to overbought
EMA slope still up, but weakening signs visible
Macro View:
No major bearish macro trigger — Fed dovish, USD stable, inflation low.
→ This is likely a technical pullback, not a fundamental reversal.
Trade Plan:
🔻 Breakdown Level: ₹114,560
🎯 Targets: ₹107K → ₹101K → ₹93K
🛑 SL: ₹116,000+
Caution: No position without breakdown confirmation.
SPX Supply Rejection-Eyes on 6304SPX shows signs of potential weakness after testing a prior supply zone and failing to sustain higher levels. The current setup anticipates a downward move, supported by structural resistance and liquidity imbalances.
🔍 Chart Highlights:
🟥 Red zone marks supply rejection after a strong upward move.
📦 Liquidity Control Boxes from SignalPro show layered imbalance zones between 6,350–6,310.
🧊 Target marked at 6304, aligned with lower liquidity pocket and recent demand structure.
⚠️ Stop region defined above the rejection high, giving clear invalidation.
📘 Educational Focus:
This trade scenario highlights how to:
Identify potential exhaustion at supply zones
Map liquidity structures using institutional-style tools
Build trade ideas with defined risk-to-reward
Such planning reinforces disciplined trading, especially in high-volume indices like SPX.
Is the move over for Silver? #CommodityIt looks like the impulse for Silver is about to end. However, we still need the price action to confirm the view.
**This analysis is based on the Elliott Wave Principle.
This analysis is for educational purposes only and not investment advice.
Please consult your SEBI-registered advisor before making any investment decisions. Markets are subject to risk.**
MRF - BEARISH SETUP (DAILY TIMEFRAME) DOUBLE TOPA double top pattern is a bearish reversal pattern that can be observed on a stock's price chart after an uptrend. It signals that the upward trend may be losing momentum and that a downtrend could be imminent.
Please sell if your setup agrees too - I will sell if 1,45,000 Levels is broken Your Boost and like will remind me to sell so please keep supporting so that this post reminds me to sell MRF at 1.45K levels
Selling pressure, gold downtrendPlan XAU day: 09 July 2025
Related Information:!!!
Gold (XAU/USD) continues to extend its decline on Wednesday for a second consecutive session, as the US Dollar (USD) and US Treasury yields strengthen ahead of the release of the Federal Open Market Committee (FOMC) Meeting Minutes.
The US Dollar Index (DXY) has climbed to a two-week high, exerting downward pressure on XAU/USD, which has fallen below the $3,300 level at the time of writing.
The forthcoming release of the FOMC Minutes from the June meeting is anticipated to provide insight into the Federal Reserve’s internal discussions regarding the future course of monetary policy.
In June, the central bank chose to maintain its benchmark interest rate within the 4.25% to 4.50% range, citing continued labor market resilience and persistent inflationary pressures.
personal opinion:!!!
Gold price is in the accumulation zone below 3300, big selling pressure. Pay attention to selling gold according to the trend line 3294
Important price zone to consider : !!!
support zone point: 3274; 3252 zone
Sustainable trading to beat the market