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Trend Analysis

BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Trendline Breakout in LATENTVIEW BUY TODAY SELL TOMORROW for 5%
NSE:LATENTVIEW
by Kapil-Mittal
3
Gold Price Plunges Under Pressure From Rising USD and US StocksThe current chart shows that gold prices are under great pressure as the USD Index surged to 105.12, making the USD stronger. This has reduced the attractiveness of gold to international investors. In addition, optimism about the US economic outlook under President Donald Trump and expectations that the FED will pause interest rate cuts have also contributed to the decline in gold prices. The next important support level is at the $2,620/ounce area, a price level that has previously produced a rebound. If the price falls to this level, this could be the point where traders wait to see if there is enough buying pressure to create a temporary recovery. However, if the price breaks the $2,620 level, the price is likely to continue to fall further, towards lower support levels such as $2,600 or $2,580/ounce. Given the current economic factors and the growth outlook of the USD, gold may continue to be under pressure in the coming time, especially when the demand for holding USD is still increasing.
OANDA:XAUUSD
by Maria_aaa
2
#NIFTY50 - 7TH NOVEMBER!!NSE:NIFTY Chart contains support and resistance levels ( understand how it works 👇🏻) Support and resistance are key concepts in technical analysis used to identify potential price levels where assets may reverse or stall. Support: -Definition: A support level is a price point where buying interest is strong enough to overcome selling pressure, preventing the price from falling further. - Indicators: Support levels can be identified through historical price data, trend lines, or moving averages. - Behavior: When a price approaches support, it may bounce back up. If broken, it can become a new resistance level. Resistance: - Definition: A resistance level is a price point where selling interest is strong enough to overcome buying pressure, preventing the price from rising further. - Indicators: Similar to support, resistance levels can be identified through past price action, trend lines, or moving averages. - Behavior: When the price approaches resistance, it may retreat. If broken, it can turn into a new support level. Importance: - Trade Decisions: Traders use these levels to make buy or sell decisions, set stop-loss orders, and identify potential profit targets. - Market Psychology: Support and resistance levels reflect market sentiment and the balance between supply and demand. Understanding these concepts can enhance trading strategies and improve decision-making. Ps note: I'm not SEBI Registere 🙏🏻
NSE:NIFTYShort
by thetradeforecast
15
WHAT IS BREAKER BLOCK?What is a Breaker Block? A breaker block often forms following a significant consolidation phase, where price gathers liquidity at both support and resistance levels. This action traps buyers and sellers on either side, creating a pool of liquidity that fuels the market for a strong breakout or breakdown. During this move, any imbalances, like an unfilled Fair Value Gap (FVG), are typically left unaddressed as price moves swiftly in one direction without a retest. While these imbalances may remain unfilled in the immediate move, they could be filled at a later point when price returns to those levels. Thank you all for your amazing support! Reaching 150 followers is just the beginning. Please like, follow, and comment if you found this helpful! 🙏
Education
by munmeeth
Gold : More decline ahead Gold plunged to a three-week low below 2650 today after the 2024 US Presidential election. The Republican candidate, former President Donald Trump, won the contest, boosting the dollar demand and US Treasury bond yields. Gold price closed the last day with a very bearish candle on day time frame and seems like that price can make more decline in coming days...For today the idea is to wait for pullback on or before FOMC rate decision and then selling is seems to favourable. In higher side the fib golden zone is at 2717-34 (For the cycle 2790-2643) , so under this zone sell is good as we have to wait for reversal sign on higher time frame from low side .
OANDA:XAUUSDShort
by iambalramkashyap
2
Ripple Bull Market Chart Analysis#XRP High Timeframe Analysis 🔹 Current Setup: CRYPTOCAP:XRP is consolidating within a symmetrical triangle formation on the higher timeframe, with the 200 EMA slope remaining neutral, signaling potential continued range-bound movement. 🔹 Key Observations: - Price has tested the support level multiple times without a definitive breakdown, hinting at a possible bullish breakout. - A strong breakout above the pattern resistance, with a confirmed candle close above $0.6639, would signal bullish momentum, opening a pathway toward $1.4065 as the primary resistance/target level. 🔹 Trade Setup: - Long Position: Await a candle close above $0.6639 to confirm bullish continuation. - Invalidation: If the price breaches the support and closes below $0.4302, this setup will be invalidated.
Long
by CryptoPatel
1
GOLD TRAP AND ANALYSIS NOV 8TH 2024Analysis Update on Gold (XAUUSD) Currently, gold is exhibiting a bearish scenario overall. Price recently rejected an order block and has been forming a series of lower lows and lower highs. The last significant low was broken, and price is now at another order block. Should we observe a solid rejection from this level, it could signal a strong continuation downward with momentum toward 2666, which is the next order block below. To confirm this bearish setup, we’ll be watching for clear rejection signs from the current order block before initiating any short positions. Additionally, there was a notable double-bottom trap on the 5-minute timeframe. Price initially formed a double bottom, broke structure (BOS), retraced, and then made another upward move to attract retest buyers. This was followed by a sharp reversal to the previous swing low, sweeping liquidity and aggressively trapping late buyers. This manipulation setup emphasizes the importance of identifying and using these traps as an advantage in trading. Remember, in markets like these, manipulation can look intimidating, but recognizing these patterns can turn them into fuel for strategic trades.
OANDA:XAUUSDShort
by munmeeth
BTCUSDT Analysis: Bullish Momentum and Key Support ZonesBTCUSDT is currently trading around 75,740 USDT after a recent bullish push, suggesting strong upward momentum. The chart shows clear support zones (highlighted in purple) that Bitcoin could revisit in case of a pullback, specifically around 74,000 USDT and 72,500 USDT. If BTC holds above these support levels, it could gain further traction to reach new highs, with targets in the 78,000 USDT - 80,000 USDT range. The current trend suggests that if Bitcoin retraces and tests the support, it could present a buying opportunity for traders looking to join the next potential leg up. Keep an eye on these critical levels, as a break below the 72,500 USDT support might indicate a shift in trend. However, for now, the bullish scenario remains intact, with promising upside potential if buyers continue to dominate.
by Sanhara
HOW TO TAKE TRADE AFTER PRICE BREAKS MAJOR LEVELAdvanced PRICE ACTION Trading Key Trade Concepts: Buyer Trap Identification: Before entering, always check for a buyer trap or liquidity hunt, where impulsive buyers are lured into the market at a vulnerable level. In this setup, I’ve highlighted how a buyer trap has been triggered, providing a strong signal for potential reversals. Order Block Strategy for Long Entries: Wait for Price to Enter the Order Block: Before any long position, let price retrace to the designated order block. Confirm with High Break and Rejection Candle: Once in the order block, wait for recent highs to break, followed by a rejection candle to confirm the entry. A candle close above this level on the 15-minute time frame is essential, adding strength to the confirmation. Time Frames: Utilize the 5-minute chart for initial moves but rely on a 15-minute candle close for entry confirmation. Take-Profit (TP): Target buy-side liquidity and other strategic levels beyond that, maximizing the potential of each setup. For more professional insights like this, don’t forget to like, follow, and comment. This is the kind of premium content many charge for, but I’m sharing it for free to help others succeed!
OANDA:XAUUSDEducation
by munmeeth
#XAUUSDContinue to increase or maintain the adjustment momentum.Market analysis for XAUUSD trading on November 8, 2024: The trading session on Thursday rebounded strongly after a previous drop of 100 points. However, the possibility of gold prices still adjusting downward remains as Mr. Donald Trump is elected and implements new policies. The USD may rise significantly, putting pressure on gold prices to decrease. Today's trading trend: BUY scalp (hold SELL). Key price levels to watch: SELL zone: 2718 - 2725 and 2743 - 2748. BUY zone: 2676 - 2681, 2664 - 2669, and 2632 - 2637. Recommended orders: Plan 1: SELL XAUUSD zone 2723 - 2725 SL 2728 TP 2720 - 2710 - 2700 - 2680 - 2640 Plan 2: SELL XAUUSD zone 2743 - 2745 SL 2748 TP 2740 - 2730 - 2700 - 2640. Plan 3: BUY XAUUSD zone 2635 - 2637 SL 2632 TP 2640 - 2650 - 2660 - 2670.
TVC:GOLD
by ifjugapt
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Cup and Handle Breakout in RAMCOIND BUY TODAY SELL TOMORROW for 5%
NSE:RAMCOIND
by Kapil-Mittal
2