Big Move Ahead? Copper Futures Breakout Trade Setup!Hello everyone i hope you all will be doing good in your life and your trading as well. Today i have brought a Copper Futures (MCX, 1D) trading idea, earlier it has broken out of a Symmetrical Triangle Pattern , and given signal of a strong bullish move . after the breakout copper has given good move and finally trading above the all near term resitance zone like NECKLINE , Buyers are stepping in aggressively. If the price holds above the 895-880 zone, we could see a rally towards 913, 937, and even 986 in the coming sessions. But remember, risk management is key! A strict stop loss at 858 will help protect against any unexpected reversals. The structure looks solid, momentum is building up—now let’s see if the bulls take charge!
Disclaimer: This analysis is for educational purposes only. Please consult a financial advisor before making investment decisions.
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Trading
GOLD SURGES STRONGLY – IS THE SELL SIDE TAKING CONTROL? Yesterday, Gold surged nearly 50 points, climbing from 288x to 2927.x, hitting the key resistance zone that I had previously noted. Immediately after, Gold made a sharp correction, signaling that the Sell side is regaining control in today’s session.
📌 Looking at the D1 timeframe, Gold still shows strong bullish momentum but has reached a critical continuation zone (IP – Important Price), where it has been reacting since yesterday. Today, we anticipate a potential reversal with strong selling pressure, making early SELL entries a solid strategy.
🚨 Key resistance to watch: 2933 – If the price breaks above this level, the BUY side will regain strength, and the SELL plan will be canceled. I will update a new strategy accordingly.
⏳ Trading strategy for today:
🔹 Focus on SELL opportunities in the Asian & European sessions.
🔹 Wait for confirmation in the U.S. session before adjusting the approach.
⚡️ KEY PRICE LEVELS TODAY
📌 Resistance: 2916 - 2927 - 2933 - 2945 - 2954
📌 Support: 2890 - 2886 - 2880 - 2875 - 2860
💎 TRADE SETUPS FOR TODAY
🔹 BUY ZONE: 2876 - 2874
SL: 2870
TP: 2880 - 2884 - 2888 - 2894 - 2900
🔹SELL SCALP: 2926 - 2928
SL: 2932
TP: 2922 - 2918 - 2914 - 2910 - 2900
🔹SELL ZONE: 2945 - 2947
SL: 2950
TP: 2940 - 2936 - 2932 - 2928 - 2920
🚨 IMPORTANT NOTICE
📊 Today's focus will be on the ADP NONFARM report – This key data will provide insights into the U.S. economy ahead of Friday's Nonfarm Payrolls (NFP).
📢 Traders should be extra cautious and strictly adhere to TP/SL rules to protect their accounts from potential volatility.
💰 Wishing everyone a profitable trading session – GOOD LUCK! 🚀🔥
Reliance Industries Long Term Chart Analysis 53% Upside PossibleHello everyone, i hope you all would be doing good in your life and your trading as well. Today i have brought an stock which is a ELEPHANT of indian market yes your guess is right, i am talking about Reliance Stock and it is trading inside the long-term trend within an upward rising channel. The price has tested both the upper resistance band and lower support band multiple times, confirming the channel's reliability. Currently, the stock is near the lower support band (1185-1155), making it a high-probability support zone for potential upside moves. A stop loss is placed at ₹986 in case of a breakdown.
The projected targets are set as follows: Short-term target: 1285, Second target: 1400, Medium-term target: 1532, and the Final long-term target: 1800. The analysis suggests a 53% potential upside if the stock respects the lower band and continues its bullish trajectory. Keep an eye on price action for confirmation before entry.
Disclaimer: This analysis is for educational purposes only. Please consult a financial advisor before making investment decisions.
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Momentum Trading vs. Value Investing: Which Strategy Suits You?Hello Traders!
Today, let’s break down two polar-opposite strategies: Momentum Trading and Value Investing . Both can be profitable, but they cater to vastly different mindsets. Let’s find your fit!
Momentum Trading: Ride the Trend
What It Does: Capitalizes on short-term price momentum and volatility.
Best For: Active traders who thrive on quick decisions and market noise.
Some Stocks Examples (Not a Buy or sell recommendation) :
Adani Ports (ADANIPORTS) (infrastructure momentum plays).
Tata Motors (TATAMOTORS) (EV sector volatility).
Pros:
Quick profits in trending markets.
Works well with technical indicators like RSI and MACD .
Cons:
High risk of false breakouts.
Requires constant monitoring.
Value Investing: Buy Low, Hold Long 🛡️
What It Does: Targets undervalued stocks with strong fundamentals.
Best For: Patient investors focused on long-term wealth.
Some Stocks Examples (Not a Buy or sell recommendation) :
HDFC Bank (HDFCBANK) (undervalued banking giant).
ITC (ITC) (FMCG stalwart with dividend history).
Pros:
Margin of safety with low P/E ratios .
Compounding returns over decades.
Cons:
Slow growth in sideways markets.
Requires deep fundamental analysis.
Which Strategy Wins?
Momentum Trading : Ideal for volatile markets (e.g., trading Nifty 50 breakouts).
Value Investing : Perfect for bear markets or undervalued sectors (e.g., PSU stocks).
Hybrid Approach : Use momentum for short-term gains and value picks as core holdings.
TradingView Tools to Try
For Momentum: Track volume spikes , Bollinger Bands , and trend lines .
For Value: Use fundamental screeners for ROE , debt-to-equity , and dividend history .
Final Takeaway
Momentum = Fast-paced, high-risk, high-reward.
Value = Slow and steady, low-risk compounding.
Your Turn!
Are you a momentum chaser, a value hunter, or a mix of both? Share your style below!
GULFOILLUB-Breakout Stock🚀 Gulf Oil Lubricants (GULFOILLUB) is in strong momentum! This stock is showing promising movement, making it worth keeping on your watchlist. 📈 Investors are advised to study the stock and conduct their own research before making any investment decisions.
Disclaimer: This is purely for informational purposes and not a recommendation to buy or sell. Investors are advised to conduct their own research and risk assessment before making any investment decisions, as stock markets are subject to volatility and risks.
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PFC has given Breakout of Falling Resistance Trendline in 30 MinHello Everyone, i hope you all will be doing good in your life and your trading as well, i am bring very short term trading idea on PFC, actually it has given breakout of falling resistance Trendline on very short term timeframe. I feel we should see good momentum in it, try to accumulate more when in comes near to 384-386. Probability is high we will see momentum in it.
Disclaimer: This analysis is for educational purposes only. Please consult a financial advisor before making investment decisions.
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Gold : Another if this and then that scenario The current price is near the Daily Open and below the Previous Week High , suggesting a potential rejection zone where supply might dominate.
The recent pullback (as shown by the red arrow) indicates that smart money may be ready for another liquidity grab or correction to test lower demand zones. A bearish reversal from the current level could form, Price is likely to target the Previous Week Low.
After testing lower area as per red arrow, I expect a bounce back up, so I’d watch for a bullish candle—like a hammer or engulfing pattern in lower side and price can recover as per the green arrow (We have to wait for low confirmation )
Ice Cream King Ready to Melt Resistance & Fly High!Hello everyone, i have Brought a stock which has given neat & clean breakout of a consolidation period with huge volume spurt, this is a ICEMAKER stock, as we all know summer almost has been started so these type of stocks will start roaring up let's start with discussing about the company.
About the Company:
Vadilal Industries Ltd , founded in 1907, is India’s 2nd largest ice cream brand , holding a 16% market share in the organized ice cream market. The company dominates the cones, cups, and candy segments and also exports frozen fruits, vegetables, and ready-to-eat products worldwide.
Technical Setup & Trade Plan
The stock is showing bullish momentum, breaking out from consolidation with strong volume confirmation. Historically, Vadilal sees increased demand in summer, making this a favorable seasonal play. Please check chart above for the Levels like entry, exit stop loss and targets!
Why i found This Stock impressive?
Seasonal Upside: Peak demand for ice cream during summer boosts sales .
Market Leader: Strong position in India's growing frozen food segment.
Technical Breakout: Bullish price action with volume support.
Fundamental ratio:
Market Cap
₹ 3,071 Cr.
Current Price
₹ 4,272
High / Low
₹ 5,143 / 3,164
Stock P/E
19.7
Book Value
₹ 915
Dividend Yield
0.04 %
ROCE
27.1 %
ROE
31.0 %
Face Value
₹ 10.0
Industry PE
28.7
Debt
₹ 155 Cr.
EPS
₹ 217
Promoter holding
64.7 %
Intrinsic Value
₹ 2,125
Return over 5years
40.8 %
Debt to equity
0.24
Net profit
₹ 156 Cr.
Disclaimer: This analysis is for educational purposes only. Please consult a financial advisor before making investment decisions.
If you Found this helpful? Don’t forget to like, share, and drop your thoughts in the comments below.
XAU#21: Gold is soaring. Will it break the top and trading plan💎 💎 💎 The "bulls" are back as analyzed in the previous article. The price OANDA:XAUUSD has passed the trendline and there is no sign of stopping. Let's plan the next trading FOREXCOM:XAUUSD : 💎 💎 💎
1️⃣ **Fundamental analysis:**
📊Warning of short-term inflation shock: The market is pricing in the US CPI to remain around 3% for the next 7 months, reflecting a sudden increase in inflation. The 25% tax on imports from Canada and Mexico could increase consumer costs, putting pressure on inflation.
🚀Unstable context: US tariffs, war in Ukraine, inflationary pressure ... are causing concerns about an economic recession. This has pushed the gold price up again in the past 2 days.
2️⃣ **Technical analysis:**
🔹 **D frame**: The bullish price structure is still continuing, however, in my personal opinion, this increase is not sustainable.
🔹 **H4 frame**: The key down zone was broken last week and the price has returned to the resistance zone. The price reaction in this area is currently not positive. The bulls are still dominating as the previous H4 was a long-bodied candle.
🔹 **H1 frame**: The current price structure is bullish and there are no signs of a reversal.
3️⃣ **Trading plan:*
⛔ Although the price is in the resistance zone, the price reaction is weak enough to set up a SELL order. Currently, the fundamental information and short-term price structure are supporting the bulls. However, it should be noted that if the price increases continuously without recovering and breaks the peak once again, we will likely have a correction phase.
✅ BUY positions in the lower area can completely wait for better profits. In addition, when the price finds the support zones below, we can completely wait for the opportunity to establish the next position when the price structure appears in the smaller time frame. Note that
💪 **Wishing you success in achieving profits!**
Bitcoin Fresh Technical Analysis and Price Prediction AnalysisBTC/USDT – Technical Analysis Update
📊 Current Price: ~$93,000
📈 Recent Move: Strong bounce from $79,000, surging $17,000 in just a few hours.
Key Technical Levels & Market Structure
🔸 Resistance Zone: $95,000 – This level acts as a critical supply zone. A strong rejection here may trigger short-term corrections.
🔸 Breakout Confirmation (BOS - Break of Structure): A decisive close above $99,600 with volume could confirm bullish continuation towards new highs.
🔸 Support & Downside Risk:
If BTC fails to hold above $95,000, a pullback towards $75,000-$70,000 remains a possibility.
EMAs & Trendline Support: Watch for dynamic support from 50 EMA & ascending trendline in case of retracement.
Market Outlook:
- BTC remains in a bullish structure, but volatility is high.
- RSI & Volume Analysis: Overbought conditions on lower timeframes suggest possible consolidation before the next leg up.
⚠️ Risk Management: Always trade with stop-loss and avoid overleveraging in this volatile market.
📡 Stay tuned for real-time insights!
Note: NFA & DYOR
Gold Technical Roadmap: From Correction to RecoveryCurrent Price Action
The price has formed a clear downtrend over the recent sessions, breaking below a previous uptrend line (marked in green)
There's notable selling pressure as price has dropped from recent peaks and is showing a bearish momentum(In line with my last post on gold).
Short-Term Outlook (Within Current week):
I am expecting potential bottoming formation may be developing. The recent sell-off appears to be approaching key support levels, with S1 at 2,808.47or S2 at 2758 likely to provide initial support. Watch second curved arrows on the chart an expected bounce from this region.
We have to Consider that oversold conditions might develop soon if the downtrend continues and then we have to watch for bullish reversal patterns near support levels as mentioned above.
Mid-Term Outlook (2-6 weeks)
Initial drop (Ongoing )
Potential bounce to Pivot (2882-2,900) resistance
Possible second test of support (S1 or S2)
After Low ,If successful, a stronger move toward previous week highs (2,960) and potentially R2 (3000)
Overall View is still bullish and we have to wait for confirmation from low to add in current running buy trades as mentioned in previous analysis.
BTC#19: “Cryptocurrency Reserves” and trading plants💎 💎 💎 After Trump posted about his plan to put BTC into the national cryptocurrency reserve, BINANCE:BTCUSDT BINANCE:BTCUSD had a meteoric rise back to 93~95x. Let's plan to trade BTC: 💎 💎 💎
1️⃣ **Fundamental Analysis:**
📊 The current market is dominated by “US crypto assets”.
🚀 Trump: Will put BTC into the national reserve, this will help the crypto sector break out. However, it is also important to note that the US lacks budget support and crypto reserves are just empty words at present.
📌 The probability of the Fed keeping interest rates unchanged in March is 93%.
It can be seen that the current cash flow injected into the market is not really significant because interest rates have not yet decreased and the US tariff policy is still waiting to cause an economic war. Current news plays a role in restraining the downward momentum and fear in the recent past.
2️⃣ **Technical analysis:**
🔹 **Frame D**: it can be seen that the price is looking for an important resistance area. Note that the current price structure is decreasing, so the price can still turn around at any time when it touches the diagonal resistance zone.
🔹 **Frame H4**: It is clear that yesterday's increase has not yet had any technical recovery to be able to break through the current resistance zone.
🔹 **Frame H1**: Temporarily, the price is still in an upward trend influenced by yesterday's positive news. The previously broken trendline will act as an important support for the price to break out in the near future
3️⃣ **Trading plan:*
⛔ The current area is no longer ideal for establishing a trading position, if the price still has no recovery, we can consider looking for a SELL position when the price reaches the diagonal resistance area when a price structure appears on a smaller time frame. BUY should only be made if the price recovers and accumulates in the old resistance area and an increasing price structure appears on a smaller time frame.
✅ On the D and H4 time frames, the price structure is still bearish, besides, H1 has increased strongly without any technical recovery due to the influence of positive news. So we can completely wait for a trading opportunity when the price finds an important resistance and support zone.
💪 **Wishing you success in achieving profits!**
DOGE/USDT – Prime Accumulation Zone & Bullish OutlookDOGE/USDT – Prime Accumulation Zone & Bullish Outlook 🚀
Current Status : Trading at $0.15-$0.20 support zone, a strong accumulation area. DOGE is currently 64% down from its ATH, presenting an attractive risk-reward setup.
Key Levels:
Support: $0.15 - $0.20 (Accumulation Zone)
Targets: $0.60 / $1.50 / $2 / $2.50
Why Bullish?
Technical Perspective: DOGE is holding key support and could see a breakout on volume expansion.
Catalyst: Elon Musk’s continued backing makes it a strong contender for long-term gains.
Strategy: Any major dip is a buying opportunity for long-term holders. Keep an eye on volume surges and market sentiment!
Note: NFA & DYOR
XAU#20:Gold plunges sharply,but will the“Bull Market"end easily?
💎 💎 In the previous article, the clear divergence in the H1 frame was confirmed by a correction of Gold. Now we will come up with the next plan: 💎 💎 💎
1️⃣ **Fundamental analysis:**
📊The main reasons for the decline of gold: profit taking by investors, a stronger USD and unsurprising US inflation data, which has curbed expectations of the Fed cutting interest rates.
🔹The Russia-Ukraine war is nearing its end as the final agreements are being negotiated.
🚀If there is a situation of high inflation but a weak economy (stagflation), gold prices may continue to rise sharply.
📌Some experts believe that gold prices are about 15% higher than fair value, but new factors such as central bank gold purchases and strong demand from China can still push prices to continue to rise.
2️⃣ **Technical analysis:**
🔹 **D frame**: 4 consecutive days of decline of about 120 USD, but looking at the overall price structure of gold, it is still stable. This correction with the goal of retesting the support zone below
🔹 **H4 frame**: The price structure has been broken. However, to get down to the support zone below, if there is no unexpected news, we still need a recovery to gain momentum. The pinbar at the end of the 6th session and the subsequent increase are supporting this option.
🔹 **H1 frame**: The price structure is very clear. The recovery at the end of the 6th session is the profit-taking action of the sell position forming a weekly candlestick wick.
3️⃣ **Trading plan:*
⛔ Currently the price structure is still decreasing. We should not trade against the trend at this time. Especially at this time, information about reaching an agreement on the Russia-Ukraine war can appear at any time
✅ Waiting for the price to reach important resistance zones to trade in line with the trend is the top priority. This is also the profit-taking area for the case where we establish a position when the price line confirms a recovery with the price structure.
💪 **Wishing you success in achieving profits!**
SOL Long OpportunityMarket Context:
SOL has seen a significant drop in recent weeks but has now entered a key support zone. This could present a potential bounce to test the next resistance levels.
Trade Details:
Entry Zone: $132 - $144
Take Profit Targets:
$168
$195
Stop Loss: Just below $130
This setup aims to capture a potential recovery as SOL stabilizes at support and looks for upside continuation. 🔥
BTC#18: BTC plunges, destination and trading opportunities at th🔥 So BTC has corrected. However, how much it has decreased, we will analyze it right away: 🔥
1️⃣ **Fundamental analysis:**
📊 Widespread Pessimism, Cryptocurrency Market Plunges Sharply
————
⚫Bitcoin and altcoins plunge: Bitcoin drops nearly 5% to $90,000, Ethereum loses more than 10% in two days, Solana drops 15%, Dogecoin drops 13%.
⚫The market is still affected by the $1.4 billion hack last week. Bybit announces compensation but Ethereum is still under pressure.
⚫Weak market sentiment: Many meme coins collapse, limited capital flows cause altcoins to lose value sharply. Solana under selling pressure as it prepares to unlock $1.72 billion in tokens on March 1.
⚫Crypto-related stocks also plunge: Coinbase down for six consecutive sessions, MicroStrategy down 5.7%, BTC mining stocks fall sharply.
🚀 MicroStrategy continues to buy BTC: The company bought another 20,356 BTC worth $1.99 billion, bringing its total BTC holdings to 499,096 VND (~$33.1 billion).
🛫Forecast: The downtrend may continue if market sentiment does not improve and cash flow does not return to altcoins.
2️⃣ **Technical analysis:**
🔹 **Frame D**: the bullish structure has been broken and turned bearish. Pessimistic sentiment covers the entire market so it will be difficult to see an immediate recovery
🔹 **H4 frame**: the bearish price structure is more clearly shown. The nearest resistance zone is 93x
🔹 **H1 frame**: the price line is still quite far from the horizontal or diagonal resistance zone, the current price has recovered a bit but the market sentiment is still hesitant about the Fibo 23.6 area as you can see on the chart
3️⃣ **Trading plan:*
⛔The current time is not suitable to catch the bottom of BTC, not only the market sentiment is pessimistic but the basic information has not seen any positive news for BTC. We will need to patiently wait for confirmation from the price line
✅ Priority at the moment. Currently is looking for a SELL position following the main trend. The sharp price drop will have a recovery adjustment but pay attention to stick to the price structure and do not be greedy.
💪 **Good luck trading!**
XAU#19: Gold's rally slows down, what's the reason?OANDA:XAUUSD demand soars but price growth slows down, risk of correction increases. However, let's look at the fundamentals and price structure to plan for FX:XAUUSD next move:
1️⃣ **Fundamental analysis:**
📊 The decline of the USD is an important sign ahead:
🔹European politics and impact on the USD: German elections could strengthen the EUR, putting more pressure on the USD
🔹USD faces downward pressure: The factors that caused the USD to plummet in 2017 (trade policy, global growth, European politics) could recur in 2025, threatening the strength of the greenback.
🔹Trump Tariffs: Lower-than-expected tariffs have limited the USD's gains, but investors remain concerned about upcoming trade policy.
🚀India's gold imports in February are expected to fall 85% year-on-year to a 20-year low as record bullion prices dampened demand. ''
📌 We have seen the first signs of market sentiment that gold prices are already too high. However, in the game of buying and selling, increasing demand while lacking supply is always the driving force for prices to rise further.
2️⃣ **Technical Analysis:**
🔹 **Frame D**: Yesterday was a pinbar that was forecast to be a strong driver for gold's price increase. However, today's price action shows the opposite. The decline is not over yet.
🔹 **H4 Frame**: The price has been SW at the peak for too long without a breakout. Although the price structure is still increasing, the current support area is showing a weak price reaction.
🔹 **H1 Frame**: As you can see the clear divergence on the MACD indicator. It is highly likely that we will have a slight correction to the support area below
3️⃣ **Trading plan:*
⛔ In the current area, we do not have a clear confirmation, whether BUY or SELL at this time is high risk. Currently, we should not FOMO if there is no clear confirmation from the price structure.
✅ Waiting for the price structure to be broken and then looking for a position when the price rebounds is a wise choice at this time. Or we can simply wait for the price reaction when it reaches the support zones below to trade in accordance with the main trend
💪 **Wishing you success in making profits!**
Intraday to BTST trade opportunity in natural gas, it should flyHello, everyone, i have brought an intraday to postional trade in natural gas, i am expecting it should take support in this area, probability is very high that it should take supprot in this area, Today's day low can be our intraday support and the stop loss which i mention below to that is gonna to be a postional stop loss. Targets already mention on chart.
Disclaimer:- This analysis is for educational purposes only. Please trade responsibly and consult a financial advisor before making any decisions.
If you found this analysis helpful, don’t forget to like, follow, and share your thoughts in the comments below! Your support keeps me motivated to share more insights. Let’s grow and learn together—happy trading!
Gold Hot Streak: What’s Next This Week?The price has been climbing steadily, breaking through multiple levels, and it looks like it’s riding an ascending trendline on H4 (that green line sloping upward).
However, around February 11,14 and 21st, there’s a noticeable pullback or consolidation phase, with the price forming a small range before shooting up again. This suggests buyers stepped in at a key support area, pushing the price higher.
As of today, February 24, 2025, gold is looking pretty strong again, but we’re at a critical juncture. The price is sitting just above the daily open at 2940, still trading under PWH which is Immediate resistance,. Here’s what I think could play out this week:
If Bulls Stay in Control: If the price holds above 2940 and breaks R1 (2967.882), we could see a strong move toward 3000 (R2).
If Bears Step In: If the price fails to hold above 2940 and drops below the ascending trendline (around 2940 or under Weekly Pivot P, Watch Price action at Pivot P for this week ), we might see a pullback to S1 (2,891) or even deeper to S2 (2847). The recent overextension after the big move up could attract sellers looking to take profits or short the market.
I was expecting a pullback from Last week, and chances of pullback is still here and gold can re start the bull run within 6-7 Trading day (During this period a consolidation or correction chances are there) Overall gold is still bullish and as discussed in last week posts and I am still holding buy trade on both gold and silver , If Gold pullback and 2900 I will take some percentage of profit from both gold and silver.
Mastering Market Structure: The Perfect Swing Trade SetupUnderstanding actionable areas is the key to profitable trades. This chart shows how to identify a strong zone and apply your setup at the right time rather than chasing trades blindly.
A Resistance Identified: A breakout attempt, but this is a strong resistance.
B Breakout Confirmed & Sustained: The price successfully sustains above the resistance.
C Reversal Signal: The price starts falling, hinting at a correction.
D Breakdown or Fake Breakdown? The whole level is broken, but this could be a trap.
E Regaining the Zone: The price reclaims the level, signaling a potential high-probability trade setup.
The Strategy?
A failed breakout followed by a sustained breakout.
A retest of the support zone and a breakdown.
A strong comeback reclaiming the level, making it a perfect swing/positional trade opportunity IF your setup aligns.
🔥 Actionable Insight: Don't just enter at any breakout or breakdown—wait for confirmation in key zones. If your setup matches, this is where the best trades happen!
BTC#17: How Does Bybit Affect BTC? Traders Need to Know This!💎 💎 💎After a long time, BINANCE:BTCUSDT has not escaped the SW zone. So what is the market reflecting? Let's analyze the price reaction of BINANCE:BTCUSD in this area: 💎 💎 💎
1️⃣ **Notable news:**
📊 Coinbase co-founder: A settlement has been reached with the US SEC, the related lawsuit is expected to be officially approved and withdrawn next week. The dismissal of the lawsuit is said to bring many positive signals to the cryptocurrency market in general. 🚀 The security incident on Bybit caused a recent decline, recording the outflow of money from Bybit including hackers' money of 2,235 billion USD. However, liquidity during this time was still maintained stable.
📌 This incident shows the solidarity of the crypto industry community, not the fragmentation of previous attacks. It can be seen that the future potential of the industry will develop even better.
2️⃣ **Technical analysis:**
🔹 **Frame D**: The price structure is still bullish, but yesterday's closing candle completely destroyed BTC's previous attempt to increase in price. A bearish engulfing candle shows that it will take more time to accumulate to break out of this SW area or the price will have to find a better support zone to break out.
🔹 **Frame H4**: The price line is still in the SW area, however, the recent increase gives us a signal about the possibility of BTC increasing in price. Let's look at H1 to see this signal more clearly
🔹 **Frame H1**: The temporary price structure is an upward price structure. Although it cannot be immediately, this is an ideal area to wait for a position whether it is BUY or SELL
3️⃣ **Trading plan:*
⛔ The current price area tests the patience of traders. Trading in the SW price zone always erodes trading psychology due to greed and expectation. FOMO every time the price signals a break through the SW zone will erode the account and trading psychology. Wait for a clearer signal from the price reaction.
✅ As you can see the plan in the H1 frame. Waiting for a clearer price structure to establish a position is the top priority. We do not predict where the price will go but look at reality to decide what to wait for. "Trade what you see, not you think"
💪 **Wish you successful trading!**
What will be the trading range of an instrument? Example Nifty 5Hi, Traders.
In order to know how much an instrument is likely to move in a trading session, if we find out the ranges in which it has generally moved, and in what range set it was seen more number of times, then it becomes easy to estimate its probable move.
As an example, over a period 2297 trading days, Nifty was mostly seen in the -1% to 1% ranges only. So when trading Nifty, go with a probability of -1 to 1 move.
How to draw the upper and lower levels?
Take yesterday's close and multiply with 1.01 for +1% upper range value.
Similarly yesterday's close * 0.99 will give lower range value.
You can then draw Fibonacci from the upper value to lower value or follow your set-up. Whiche er way you follow, this approach should help you set your expectations on any instrument.