Tradingsignals
Bitcoin 1D Swing Trade Setup- Bitcoin is currently trading at 62,826$
- Bitcoin showed us an impulsive move yesterday where we saw BTC jumping from 59-63k straight
- Bitcoin in this impulsive move had made a Fair Value Gap on a daily chart
- For a Market Structure shift BTC needs to flip and make a weekly close above 66,598$
- If you are looking to build less leveraged longs then focus at 61,354$
- Market Structure will flip bearish once we see a weekly close below 58,000$
- If we look at the lows made recently BTC is still intact with a lower high structure the lows are also getting bought back impulsively
- Manage risk properly that's the ultimate mantra
Gold Analysis October 10Fundamental Analysis
Gold prices attracted some buyers on Thursday and now appear to have snapped a six-day losing streak to a near three-week low around the $2,605-2,604 region tested the previous day. However, the rally lacked bullish conviction and is likely to run out of steam amid growing bets that the Federal Reserve (Fed) will cut its benchmark interest rate by 25 basis points (bps) in November. This has helped the US Dollar (USD) maintain its recent strong gains to an eight-week high and will act as a drag on the non-yielding yellow metal.
Traders may also prefer to stay on the sidelines and wait for the release of key US consumer inflation figures later in the North American session. The important US CPI report could influence expectations for the size of the Fed rate cut next month, which would boost demand for USD and provide some meaningful impetus to Gold prices. In addition, developments surrounding the ongoing conflicts in the Middle East will be looked at to capture short-term opportunities around the safe-haven precious metal.
Technical Analysis
The price range to watch for CPI trading strategies. The upper price range of 2626 and 2638 became one of the first major SELL zones in the Asian session yesterday. The 2638-2640 area is the critical zone of the EMA.
The lower price range is focused on the US session around 2605 and the important breakout zone of 2594 will be notable in today's US session. This short-term downtrend is not over yet as the gold price has not been able to close the day above the 263x area. Wishing everyone a successful trading.
Morning Star at several Fib clusters in HINDPETRO Wave C of Flat correction has fulfilled the rule of equality (Wave A and Wave C are equal).
There is also a Fib level of fib retracement of the previous impulse at this level.
We can also see the Morning Star pattern forming at this cluster.
This suggests a high probability of a buy trade in HINDPETRO .
Stop-loss for this trade can be put below 61.8%, i.e., around 360 level.
This analysis is for educational purposes only.
Institutional Database Trading #OptionTrading Option chain data is the complete picture pertaining to option strikes of a particular stock or index in a single frame. In the Option chain frame, the strike price is at the centre and all data pertaining to calls and puts on the same strike are presented next to each other.
Options trading is a type of financial trading that allows investors to buy or sell the right to purchase or sell an underlying asset at a fixed price, at a future date. Options trading operates on the basis that the buyer has the option to exercise the contract but is not under any obligation to do so.
Buy Tata steel round bottom breakout retest completeNSE:TATASTEEL Round bottom breakout strategy
Retest complete after round bottom breakout
Weekly chart
Big green candle formed at retest level
Volume rising
Stock is in uptrend
Do as directed in the chart
This is not the trading recommendation or advise 🚨
Do your analysis before taking any step 👍
Ethereum Swing Long Update- Ethereum is currently trading at 2697
- Ethereum is highly undervalued in this current market scenario
- If we compare Ethereum with other Crypto Majors Bitcoin Solana XRP all of them have recovered massively but Ethereum is still down by 30% from its recent swing high
- Ethereum needs to flip 2800$ and its going to be an important zone for ETH to flip for an impulsive leg towards 3600$ where we saw ETH last time tanking from post the ETF Approval
- If you are looking for Spot Buys then watch out 2550-2620$ I don't think we should fall below 2300$ but if we do you know what needs to be done
- Watch out for spot bids and don't try to short the market in every rise you see, you will get liquidated very bad
Near Protocol Swing Update - Near Protocol is currently trading at 5.3$
- Near printed 52% from my previous call out and now I believe the time has come when we can see it retracing back to the Bullish Fair Value Gap drawn
- The pump and the move were quite impulsive and if you didn't catch it at its base there is no point in catching it this late
- If you are interested in buying Near then it is better you wait for conservative entries and wait for the FVG to get filled first
- Till then sit at the sidelines
PEPE Swing Long Trade Update - Pepe is currently Trading at .00001057
- PEPE has shown impulsive moves and still is showing the same for the past 2 days
- It will be essential to see how the weekly candle closes for PEPE
- If you are holding Pepe then continue holding it as I think we can soon see this pumping another 30% from here
- Now let's talk about the odds if Pepe doesn't pump from here we can even see this dumping towards the FVG it has created and I think that will be a very conservative entry
- If you are looking for Spot Accumulation then make sure you wait and look for a conservative entry
Gold Price Analysis September 25Fundamental Analysis
Gold rose to a fresh record high of $2,670 an ounce on Wednesday after a surprise drop in U.S. consumer confidence data on Tuesday raised expectations of more aggressive policy easing and deeper interest rate cuts from the Federal Reserve.
Lower interest rates are good for gold because they reduce the opportunity cost of holding non-interest-bearing assets, making it more attractive to investors.
The People's Bank of China's biggest stimulus move since the Covid pandemic announced on Tuesday, which included steep cuts in borrowing costs as part of a package of measures to revive the slumping economy, also supported gold prices.
Escalating tensions in the Middle East after Israel resumed bombing Hezbollah targets in Lebanon further boosted safe-haven flows into the yellow metal.
Technical Analysis
Gold is sideways in a narrow range and waiting for clear buying and selling forces at the support level of 2650 to see how the price reacts when the US session enters. If it cannot break through 2650, a new ATH can be established today. Pay attention to the resistance zones at the top of 2670-2680 and see the price reaction in this zone to SELL. Important support is at the 2640 zone
Trading signals
BUY GOLD zone 2650 SL 2645
BUY GOLD zone 2640 SL 2635
SELL GOLD zone 2670 SL 2675
SELL GOLD zone 2680 SL 2685
Rico Auto near EMA support.There is a very high probability that the stock of Rico Auto can bounce back from the 50 EMA levels. In the past, we have seen many times, that the stock has taken support from the same level. On any bullish signal, we can take entry for the next swing trade. Keep the stock in your watch list. This is for your educational purpose only.
Silver Futures: Navigating the Bullish Breakout
The Silver Futures chart presents a compelling picture, but as we know, navigating the market demands more than just technical analysis. Let's break down what we see:
Bullish Signals: The decisive breakout above the VWAP, coupled with the series of green Heikin Ashi candles, paints a bullish picture. The recent breach of the Base Camp level further strengthens this positive outlook.
VWAP as a Guide: The VWAP is now acting as dynamic support, offering potential buying opportunities on dips. However, remember that even in a bullish scenario, the market can be unpredictable.
Beyond the Chart: While technicals are promising, external factors can sway silver prices. Keep an eye on global economic indicators, geopolitical tensions, and any news that might impact precious metals.
Applying the Wisdom:
Don't Get Complacent: Even with a bullish setup, risk management is paramount. Set stop-losses to protect your capital in case of unexpected reversals.
Stay Informed: Technical analysis is valuable, but it's only one piece of the puzzle. Stay updated on fundamental factors that can influence silver's price trajectory.
Avoid Blind Faith in Tips: This bullish setup might attract stock tips, but remember, no one can predict the market with certainty. Do your own research and make informed decisions.
In Conclusion:
The Silver Futures chart is signaling a potential bullish trend. However, successful trading involves more than just following signals. Combine technical analysis with a keen understanding of market dynamics, risk management, and a healthy dose of skepticism towards "hot tips." This approach will increase your chances of navigating the market successfully, even when faced with its inherent unpredictability.
Disclaimer: This is an analysis, not financial advice. Trading involves risk; conduct your own research and consider your risk tolerance before making any investment decisions
Gold Analysis September 19Fundamental Analysis
Gold prices regained positive momentum after yesterday’s pullback from an all-time high and continued their steady intraday gains heading into Thursday’s European session. The US dollar (USD) saw an intraday reversal from a one-week high and now appears to have stalled its recovery from its lowest since July 2023 hit the previous day. This, coupled with concerns over a recession in the United States (US) and China, along with the risk of further escalation in tensions in the Middle East, prompted some safe-haven flows into the precious metal.
With Thursday’s positive move, Gold now appears to have snapped a two-day losing streak, although the possibility of more aggressive easing by the Federal Reserve (Fed) could limit any further gains. In fact, the US central bank decided to start its policy easing cycle by cutting borrowing costs by 50 basis points on Wednesday. However, the Fed has lowered market expectations for excessive rate cuts in the future. This still supports a modest increase in US Treasury yields, which could limit the USD's losses and limit the gains of the non-yielding yellow metal.
Technical analysis
Gold has recovered very strongly from the Fibonacci retracement level of 2547-2545. At the moment, we need to understand what it wants each session and how it pushes the price. So Gold can absolutely continue to push higher in 3 sessions when Asia and Europe have not had any significant declines. The important price zone is 2588. If this zone breaks when the US enters, do not sell and wait for 2600 SELL to react. It is easy to have a false break, so the beautiful BUY point in the area I determined yesterday at 254x will be held until 263x. Today is a difficult day to trade. If the US session at 19:30 cannot break the 2588 area, it is possible to SELL to the destination area at 2565 - 2545
SELL attention zone 2588-2600-2612-2618
BUY attention zone 2565-2545
HUL showing cup and handle patter breakout on weekly chartsHUL is currently demonstrating a cup and handle pattern on the weekly charts, with a breakout that could potentially propel the stock towards the 4000 level. Traders should keep a close watch on the price action and volume as it approaches and surpasses the breakout point. A sustained move above the handle's resistance will be crucial for confirming the bullish signal and driving the stock towards the anticipated target. Staying tuned to any fluctuations or volume spikes around this level will provide insights into the strength and sustainability of the upward momentum.
Gold analysis September 11Fundamental Analysis The steady rise continued throughout the early part of the European session and took the commodity to a fresh weekly high, with buyers now looking to build on the upside momentum beyond the $2,525-2,526 supply zone. The US Dollar (USD) is struggling to capitalize on the gains recorded over the past three days and withdrawn from the monthly top amid dovish expectations from the Federal Reserve (Fed). This, in turn, is seen as a key factor driving flows towards the non-yielding yellow metal.
Meanwhile, a weaker risk-on sentiment in general has prompted some safe-haven flows and lifted Gold closer to its all-time high in the last hour. However, bulls may refrain from positioning for any further upside moves and prefer to pause ahead of the release of the latest US consumer inflation figures. The key US CPI report will play a key role in investigating market expectations on the size of the Fed's September rate cut and determine the next leg of the directional move for the precious metal.
Technical Analysis Gold's push to 2529 in European trading promises a breakout of all-time highs early today. The current key zone around 2529 in European trading could push prices back to 2540. The top is a push to the psychological port zone which is also the Fibonacci level of 2555. Contrary, if 2029 fails to break, prices could soon push to the 2517 zone before the CPI data and also the US session. and revisit the 2495 support zone and 2555 resistance when the news is released. because if the news pushes up, there will be no good entry to sell until the 2540 and 2555 areas.
Resistance above: 2535 - 2540 - 2550-2555…
Support: 2512 - 2506 - 2499 - 2493 - 2485
SELL 2537 - 2529 Stoploss 2442
SELL 2554 - 2556 Stoploss 2559
BUY 2508 - 2506 Stoploss 2503
BUY 2496 - 2494. Stoploss 2491
AETHER IND : nice turn around from bottom 📈 AETHER IND has shown good accumulation from the bottom with a decent volumes.
🔰 It can give upto 8% to 18% returns in short term. Also able to make a new ATH in near future.
🟢 Range : 975-1000
🎯 Target : 1100 / 1200
🛑 SL : 900 (wcb)
⚠️ Disclaimer : It's not a buy/sell advice. It's a view only for an educational purposes.
Latest gold analysis☘️Fundamental Analysis
Gold prices witnessed an intraday reversal from an all-time high and fell below the psychological $2,500 level after the release of key US monthly employment data on Friday. The mixed US employment report reduced the chances of the Federal Reserve (Fed) cutting interest rates by 50 basis points, which prompted some cover in the US dollar (USD) prices and weighed on the precious metal.
That said, concerns about a US recession dampened investors’ appetite for riskier assets and acted as a driver for safe-haven Gold prices. Additionally, the lack of progress in ceasefire talks between Israel and Hamas became another factor supporting XAU/USD during the Asian session on Monday. This warrants caution for bearish traders amid the prospect of an impending Fed rate cut cycle.
☘️Technical Analysis
Gold is below the 2500 round port level, in fact this port area is no longer strong enough to push gold prices lower. The area of interest in today's European session is around the 2507 Fibonacci 0.5 retracement zone and the 2512 Fibonacci final extension zone. These are two areas of interest for a SELL plan. When 2512 is broken, the downtrend on Friday is reversed. The main candle h4 is broken and ATH comes early this week, the expected level is 255x. The 2331 area is no longer valuable when gold pushes up. The opposite direction is the 2470-2460 2433 area playing an important support role.
🌸Trading signal
SELL zone 2505 - 2507 Stoploss 2511
BUY zone 2484 - 2482 Stoploss 2479
BUY zone 2473 - 2471. Stoploss 2467
SBIN : A perfect breakdown short trade📉 SBIN has depicted a perfect breakdown of rising trend line in the Daily time-frame.
🔰 It's RSI also broke the 40 level in the Daily chart. So, it's a clear trade of short.
🟥 Short : 785-780
🎯 Target : 760 / 730
🛑 SL : above 800
⚠️ Disclaimer : It's not a buy/sell advice. It's a view only for educational purposes.
D P Abhushan : Nice channel Breakout 📈 D.P.ABHUSHAN has broken out the parallel price channel with a huge volume spurt.
🔰 It can rise as the difference of the parallel channel.
🟢 Range : 1450 to 1500
🎯 Target : 1600 / 1700-1725
🛑 SL : 1250 (DCB)
⚠️ Disclaimer : This is not a buy/sell advice. It's a view purely for the educational purposes.
UPL | Wyckoff Events & Phases Explained Wyckoff developed a price action market theory which is still a leading principle in today's trading practice.
The Wyckoff method states that the price cycle of a traded instrument consists of 4 stages – Accumulation, Markup, Distribution, and MarkDown.
👉TEXTBOOK EXAMPLE Accumulation Schematic: Wyckoff Events and Phases👈
Price Action Analysis
And this is the accumulation stage -
1) PS— Preliminary Support, where substantial buying begins to provide pronounced support after a continued down-move.
- Volume increases and price spread widens, signaling that the down-move may be approaching its end.
2) SC—Selling Climax, the point at which widening spread and selling pressure usually in high point and heavy or panicky selling by the public is being absorbed by larger professional interests at or near a bottom.
- Often price will close well off the low in an SC, reflecting the buying by these large interests.
3) AR—Automatic Rally, which occurs because intense selling pressure has greatly decline.
- A wave of buying easily pushes prices up.
- The high of this rally will help define the upper boundary of an accumulation.
4) ST—Secondary Test, in which price revisits the area of the SC to test the supply/demand.
- If a bottom is to be confirmed, volume and price spread should be decline as the market approaches support in the area of the SC.
- It is common to have multiple STs after an SC.
5) SOS—Sign Of Strength, a price advance on increasing spread and relatively higher volume.
6) LPS—Last Point Of Support, the low point of a reaction or pullback after an SOS.
7) BU/LPS- Backing up to an LPS means a pullback to support that was formerly resistant, on diminished spread and volume.
All the phases of accumulation stage-
Phase A:
Phase A marks the stopping of the prior downtrend.
-- Up to this point, supply has been dominant.
-- The approaching cutback of supply is evidenced in preliminary support (PS) and a selling climax (SC).
-- A successful secondary test (ST) in the area of the SC will show less selling than previously and a narrowing of spread and decreased volume, generally stopping at or above the same price level as the SC.
-- If the ST goes lower than that of the SC, one can anticipate either new lows or prolonged consolidation.
-- Horizontal lines may be drawn to help focus attention on market behavior, as seen in the two Accumulation Schematics above.
Phase B:
-- Phase B serves the function of “building a cause” for a new uptrend
-- In Phase B, institutions and large professional interests are accumulating relatively low-priced inventory in anticipation of the next markup.
--There are usually multiple STs during Phase B'
-- Institutional buying and selling impart the characteristic up-and-down price action of the trading range.
--Early on in Phase B, the price swings tend to be wide and accompanied by high volume.
Phase C:
-- It is in Phase C that the stock price goes through a final test of the remaining supply.
-- this marks the beginning of a new uptrend, trapping the late sellers (bears).
-- It indicates that the stock is likely to be ready to move up, so this is a good time to initiate at least a partial long position.
-- The appearance of an SOS shortly after a spring or shakeout validates the analysis.
Phase D:
--During Phase D, the price will move at least to the top
--LPSs in this phase are generally excellent places to initiate or add to profitable long positions.
Phase E:
--large operators can occur at any point in Phase E.
--These are sometimes called “stepping stones” on the way to even higher price targets.
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Revive Traders
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Apollo Tyres Swing Long Setup - Apollo Tyres is currently Trading at 507
- Apollo Tyres has a bullish structure shift and so far making higher highs
- Apollo Tyres looks all set to purge and print candles above 520
- Look to add swing longs in Apollo T when you see it around 499-505
- Keep a wide sl of 3% from your entry and watch it print 1:2 easily
Solana Swing Spot Long Setup - Solana is currently trading at 127.2$
- Solana is at a perfect spot to be accumulated for Spot buys if you are looking to accumulate cryptos that will bounce back first
- Solana is also standing strong because a lot of memes are getting launched on Solana's also making Solana's price less volatile
- Accumulation Zones - 108-125$
- SL - 10-15%