NIFTY 50 Index – 4H Technical Outlook🔍 Chart Overview
Index: Nifty 50 (NSE)
Timeframe: 4H
Current Price: 24,563.50
Bias: Bullish, but awaiting retracement
🧠 Market Structure Analysis
✅ 1. Trendline Breakout
Long-term descending trendline has been clearly broken, signaling a shift from bearish to bullish structure.
Strong bullish move post-breakout confirms momentum on the buy side.
🧱 2. Key Supply and Demand Zones
Zone Type Price Range Comment
Demand Zone 1 24,150 – 24,300 Strong structure zone, likely to hold on first retest
Demand Zone 2 23,500 – 23,750 Deeper retracement support, highly reactive
Demand Zone 3 22,900 – 23,100 Last stronghold; potential for swing reversal if tested
Supply Zone 25,000 – 25,300 Short-term resistance before bullish continuation
Target Zone 26,250 – 26,500 Next major upside target
🔄 Two Potential Bullish Scenarios Drawn
🅰️ Scenario 1: Shallow Pullback
Retrace to Demand Zone 1 (24,150–24,300)
Bounce and continuation toward 25,000 → 26,000+
Quick retest of structure support → higher high
🅱️ Scenario 2: Deeper Pullback
Break below Zone 1, retest Zone 2 or 3 (as deep as 23,000)
Strong demand and liquidity here could fuel a massive rally toward 26,000
This offers better risk-to-reward for long-term buyers
✅ Bullish Confluences
Signal Description
✅ Trendline Breakout Major signal for bullish reversal
✅ Higher High Formed Structure confirms bulls are in control
✅ Clean Demand Zones Zones are respected and visible
✅ Liquidity Grab Below Potential trap move below 24,000 to grab liquidity before continuation
✅ Fibonacci Confluence Likely overlap with 50–61.8% retracement (not shown, but expected)
❌ Invalidation Level
If price closes below 22,900, it may indicate a breakdown and trend reversal.
Watch for signs of bullish absorption around this level.
📊 Trade Idea: Buy on Dip
Entry Area Stop Loss Target 1 Target 2 Risk:Reward
24,150–24,300 23,950 25,200 26,250 ~1:3
23,500–23,700 23,200 25,200 26,250+ ~1:4
Disclaimer:
The information provided in this post/video/chart is for educational and informational purposes only. It should not be considered financial advice or a recommendation to buy or sell any security, financial product, or instrument.
I am not a SEBI-registered investment advisor. All trading and investing decisions are at your own risk. Past performance does not guarantee future results. Always consult with a qualified financial advisor before making any financial decisions.
Tradewithniraj
EURUSD 4H chart - Short Setup🔍 Chart Overview
Pair: EURUSD
Timeframe: 4H
Pattern Identified: Head & Shoulders (bearish reversal pattern)
Trendline: Broken — signals end of previous uptrend
Market Structure: Lower highs forming → beginning of a downtrend
📉 Bearish Trade Setup
1. Entry Zone
Marked just below the broken trendline and neckline of the Head & Shoulders.
Entry: ~1.12450–1.12500
Price has already broken below neckline → confirming the pattern.
2. Stop Loss (SL)
Placed above the right shoulder, around 1.14096.
Smart placement as a break above would invalidate the Head & Shoulders pattern.
It also covers any minor retracement into the supply zone.
3. Take Profits (TP)
1st TP: ~1.09000 zone
🔹 This zone acted as previous structure support
🔹 Good area to book partials or move SL to breakeven
2nd TP: ~1.03258
🔹 Long-term target
🔹 Based on major previous demand zone visible on the left (possibly from daily chart)
🔻 Technical Analysis
✅ Bearish Confirmation
Head and Shoulders formation: Reliable trend reversal signal
Break of Trendline: Confirms the structure has shifted
Break of neckline: Entry confirmation
Retest of neckline/structure: Entry after confirmation makes it safer
🔎 Confluences
Confluence Result
Head & Shoulders ✅ Strong reversal pattern
Break of trendline ✅ Indicates shift in trend
Break + Retest of neckline ✅ Classic confirmation
Entry after confirmation ✅ Higher probability
SL above right shoulder ✅ Strategic placement
TP levels at structure & demand ✅ Logical TP zones
🛡️ Risk to Reward (RRR)
RRR is very favorable, roughly:
1st TP ≈ 1:2
2nd TP ≈ 1:4 or higher
A well-planned swing trade
📌 Final Recommendation
✅ This is a clean swing trade setup based on price action, pattern, and structure shift.
🔄 Consider partial close at 1st TP and trail SL.
🧠 Maintain discipline on SL—if price violates the right shoulder, exit.
AUDNZD 2H Chart Analysis – Trendline Break + Supply Zone Rejecti🧾 Market Context:
Pair: AUDNZD
Timeframe: 2H (2-Hour)
Overall Bias: Bearish
Setup Type: Trendline Break → Lower High Formation → Supply Zone Retest → Bearish Continuation
📊 Technical Breakdown:
🔸 1. Trendline Break:
A steep ascending trendline has been broken decisively, marking a clear end of bullish structure.
This shift indicates that buyers have lost control and bears are stepping in.
🔸 2. Retest of Supply Zone (Breaker Block):
After breaking the trendline, price retraced into a supply zone (highlighted in grey).
This zone also acts as a breaker block – price broke support, and now it’s acting as resistance.
Rejection from this area confirms institutional selling pressure.
🔸 3. Lower High Formation:
The price failed to break back above the supply zone, forming a lower high, which is a classic bearish market structure signal.
Trendline retest + supply zone rejection together give confluence.
🔸 4. Bearish Projection Path:
Your chart outlines a clear path of expected price movement:
Minor bounce from intermediate demand (1.0780–1.0790)
Continuation downward toward final target zone at 1.0650–1.0660
🔽 Entry & Trade Plan:
Parameter Details
Entry Area 1.0820 – 1.0840 (confirmed rejection)
Stop Loss Above 1.0855 (above the supply zone high)
Target 1 1.0770 – 1.0780 (intermediate demand zone)
Target 2 1.0650 – 1.0660 (major demand zone)
RR Ratio Around 1:3 to 1:4 depending on entry
✅ Bearish Confluences:
✅ Trendline break + retest
✅ Supply zone rejection
✅ Lower high formation
✅ Bearish engulfing candle post-retest
✅ Clear break of structure (BOS)
✅ Liquidity sweep above previous high before dumping
⚠️ Invalidation Criteria:
If price closes above 1.0855 on a 2H/4H candle, it invalidates the bearish setup.
In that case, reanalyze for potential continuation or false breakout.
📈 Visualization Path:
🔹 Current price is consolidating slightly below the retest zone.
🔹 You anticipate a drop to intermediate support, possible small bounce, then continuation to major target.
🧠 Professional Summary:
This is a textbook bearish trend reversal setup:
Break of bullish trendline
Supply zone retest and rejection
Structure shift to lower lows/lower highs
Bearish order flow developing
If momentum follows through, your TP at 1.0650 is very realistic.
AUDUSD Bullish Breakout and Retest Setup (2H Timeframe)🧾 Pair: AUDUSD
Timeframe: 2-Hour
Bias: Bullish
Strategy Type: Breakout + Retest + Imbalance Fill + Supply Targeting
📊 Market Structure Analysis:
AUDUSD was consolidating in a range for several days between approximately 0.6380 and 0.6435.
A clean bullish breakout has now occurred, breaking above the resistance zone around 0.6435–0.6440.
Price is retesting the broken resistance, which aligns with a fresh demand zone (newly formed OB).
A minor imbalance below price is being tested as price retraces, creating a healthy structure for a potential continuation move.
The target zone is a higher timeframe supply zone (~0.6525–0.6535), which has not been tested recently and offers clean RR.
📍 Key Levels:
Demand Zone (Entry Area): 0.6440 – 0.6428
Imbalance Fill Support: 0.6428
Target Supply Zone: 0.6525 – 0.6535
Current Price: 0.6445 (hovering around entry zone)
🎯 Trade Plan:
Entry: 0.6440 (after confirmation of bullish rejection from demand zone)
Stop Loss: 0.6420 (below imbalance + invalidation of bullish order block)
Take Profit: 0.6527 (prior supply zone)
Risk-to-Reward (R:R): ~1:4
✅ Confluences Supporting the Setup:
✅ Breakout of Consolidation Range (classic breakout structure).
✅ Retest of previous resistance as support, confirming the breakout.
✅ Newly formed bullish OB in the retest zone.
✅ Imbalance zone below adds magnetism and builds confluence.
✅ Clear upside target at clean supply (unmitigated).
✅ Momentum candle breakout suggests strong bullish intent.
⚠️ Invalidation Criteria:
If price breaks and closes below 0.6420, the bullish structure is broken.
Be cautious around high-impact USD news (NFP, FOMC, CPI), which could cause liquidity spikes.
💡 Pro Tip:
If unsure about direct entry, look for 15M–1H bullish CHoCH (change of character) or bullish engulfing candle confirmation in the OB zone for a lower-risk entry.
📘 Summary:
Direction: Long
Zone of Interest: 0.6440 – 0.6428 (demand + OB)
Target: 0.6525 – 0.6535 (clean HTF supply)
Risk-Reward: Excellent (1:4+)
EURAUD Short Setup – Bearish Breakdown & Retest of Key Structure📋 Pair: EURAUD
Timeframe: 4-Hour
Bias: Bearish
Strategy Type: Supply & Demand + Trendline Break + BOS (Break of Structure) + Retest Confirmation
🧠 Market Structure Analysis:
Price has formed a series of lower highs and lower lows, confirming a bearish trend on the 4H chart.
A clean descending trendline has been respected multiple times, adding confluence to the bearish pressure.
Recently, price broke below a strong horizontal support zone (~1.7580), which had acted as a demand area multiple times in the past.
After the breakdown, price pulled back to retest this previous support as resistance, perfectly tapping into a supply zone before rejecting.
🧱 Key Zones:
Supply (Resistance): 1.7580 – 1.7674
Entry Zone (Trigger): Inside rejection candle from supply
Target Demand (Support): 1.7100 – 1.7120 (clean untested demand + price imbalance)
🎯 Trade Plan:
Entry: 1.7570 (after confirmation of rejection from supply)
Stop Loss: 1.7680 (above the supply zone + trendline)
Take Profit 1: 1.7350 (minor structure)
Take Profit 2: 1.7120 (major untested demand zone)
Optional TP3: 1.7099 (full imbalance fill)
⚖️ Risk-to-Reward (R:R):
TP1: ~1:2
TP2: ~1:4
TP3: ~1:5+
✅ Confluences Supporting the Setup:
✅ Break and Retest of major 4H support (turned resistance).
✅ Bearish trendline acting as dynamic resistance.
✅ Liquidity sweep before rejection (stop hunt above minor highs).
✅ Bearish candle confirmation from retest zone.
✅ Target aligns with clean demand + imbalance, likely to attract buyers.
⚠️ Invalidation Criteria:
If price breaks and holds above 1.7680, structure is invalidated.
Watch out for fakeouts around FOMC or major AUD/Euro news.
💡 Pro Tip (Optional):
You can scale in on lower timeframes (15M–1H) after a CHoCH (change of character) within the retest zone for tighter entries and smaller stops.
Disclaimer: This analysis is for educational purposes only and not financial advice. Manage your risk wisely.
CHFJPY Short Setup – Bearish Rejection from Supply Zone & Trendl📋 Description:
Pair: CHFJPY
Timeframe: 2-Hour
Bias: Bearish
Strategy Used: Supply & Demand + Break of Structure + Trendline Retest + Price Action Confirmation
🧠 Analysis & Thought Process:
CHFJPY recently broke out of a descending trendline that acted as dynamic resistance for multiple sessions. Post breakout, price aggressively rallied and is now reacting to a major supply zone between 175.400 – 176.200, which is a previous area of strong selling.
Price formed multiple rejection wicks and a bearish engulfing candle at this supply zone. This is a classic liquidity grab and fakeout setup, where price pushes into premium pricing to trap late buyers before reversing.
Additionally, the market has formed a lower high near the resistance, and is respecting an internal bearish structure on lower timeframes. The risk-to-reward setup is favorable, with a small stop and a high-probability target below.
🎯 Trade Plan:
Entry: 175.450 (after confirmation of rejection inside supply)
Stop Loss: 176.200 (above supply zone and liquidity wick)
Take Profit 1 (TP1): 174.500 (minor demand zone)
Take Profit 2 (TP2): 173.300 (major demand zone + imbalance fill)
Final Target (TP3): 171.200 (macro demand zone)
⚖️ Risk-to-Reward Ratio:
TP1: 1:2
TP2: 1:4
TP3: 1:6+
🧩 Confluences:
Rejection from key 2H supply zone
Bearish engulfing candle at zone
Trendline break retest
Market structure shift – forming lower highs
Targeting imbalance fill and demand zone below
⚠️ Risk Management Advice:
Risk 1% of your capital on this trade. Trail stops after TP1 is hit. If price breaks above 176.200 and sustains, setup is invalidated.
Disclaimer: This idea is for educational purposes only. Not financial advice.