Trend Analysis
LiamTrading – Risk of correction before hitting the $4000 mark? LiamTrading – GOLD: Risk of correction before hitting the $4000 mark?
Hello everyone,
Gold is approaching the psychological price zone of $4000/oz, but before reaching this historic milestone, the market may be preparing for a short-term correction.
According to Bank of America's technical strategist – Paul Ciana, gold's upward momentum is “too hot,” and a mid-cycle correction could occur soon.
📉 Technical Analysis (Chart H1 – Wolfe Waves Formation)
Observing the chart, a Wolfe Waves pattern is clearly forming:
The Sell zone 3988–3990 is the convergence point of wave number 5 – a potential short-term reversal zone.
The Buy zone 3963–3965 is the retest point of local support, where sellers often tend to take short-term profits.
The Wolfe trend line indicates the possibility that the price will take liquidity above the peak zone before a corrective decline appears.
If a correction occurs, the 3940–3955 zone will be the first reaction area, where strong buying support is present.
🎯 Trading Scenario
Buy retest:
📍 3963–3965
🛑 SL: 3960
🎯 TP: 3972 – 3985 – 4000
Sell following Wolfe wave:
📍 3988–3990
🛑 SL: 3995
🎯 TP: 3972 – 3955 – 3945
🧭 Medium-term Outlook
Although the upward momentum remains dominant, the momentum is gradually decreasing and the market needs to “cool down” to create a new accumulation rhythm.
Dense liquidity zones around POC 3957–3960 may trigger a short-term pullback, before gold gains momentum to advance to the ATH zone of $4000 in the late-week sessions.
📌 Conclusion
Gold remains in a medium-term uptrend, but a short correction is necessary to maintain a sustainable upward structure.
Traders should prioritize flexible scalping, observing reactions at Fibo zones – Volume Profile – and especially the developing Wolfe Waves pattern.
I will continue to update the latest scenario details for XAUUSD daily.
👉 Follow me to not miss important wave rhythms!
BNB 400% up from our Entry People laughed when I said CRYPTOCAP:BNB will hit $2000–$3000.
but people still doubt my $2000–$3000 targets? 🤔
From 1st Entry of this bull run: +400% ( TP1 ✅ )
From $500 re-entry: +120%
You can doubt targets, but not momentum.
Just don’t forget — book profits.
Because trading without a safe zone = casino mode.
Not Financial Advice
GOPAL Price ActionGopal Snacks Ltd is currently trading at around ₹348.8, having shown some recovery from lower levels over the last few months. The stock has a 52-week high of ₹520 and a low of ₹255.9, indicating significant volatility during the year. In the past week, the price remained largely stable, with minor gains, and the one-month performance is up by nearly 10%.
Despite recent price improvement, Gopal Snacks faces a relatively high price-to-earnings (P/E) ratio and trades at a premium to its book value. Its return on equity and return on capital employed are decent compared to peers, but sales growth has been modest over the longer term. Trading volumes and price action suggest continued investor interest, but profit-taking has limited any sharp upward surge. Near-term movement is expected to stay range-bound unless there is a major earnings surprise or sector catalyst. The dividend yield remains modest, reflecting its growth-focused policy. Overall, the price reflects a balance between recent recovery and ongoing valuation concerns, with technical support seen near ₹340 and resistance around ₹360–370.
Consistent Trading Plan: The Long-Term Market Success1. Understanding a Consistent Trading Plan
A consistent trading plan is a documented framework that defines how a trader enters and exits trades, manages risk, and evaluates performance. It eliminates guesswork, emotional decision-making, and impulsive actions, providing a structured approach to achieve long-term profitability. Unlike short-term strategies that rely on luck or intuition, a trading plan focuses on repeatable processes backed by data, experience, and market logic.
Key features of a consistent trading plan include:
Clarity: Every rule and guideline is explicitly defined.
Discipline: Following the plan consistently without deviation.
Adaptability: Periodic evaluation to incorporate market changes.
Risk Management: Predefined risk per trade to preserve capital.
Performance Tracking: Continuous assessment to improve strategy.
2. Core Components of a Trading Plan
A robust trading plan is multidimensional. It involves technical, fundamental, psychological, and logistical elements. The following are the core components:
a. Market and Instrument Selection
Choosing the right market and instruments is the first step. Traders need to determine which asset classes they will trade—stocks, commodities, forex, or derivatives. Considerations include:
Liquidity: Higher liquidity ensures smoother trade execution.
Volatility: Volatility defines potential profit and risk per trade.
Trading Hours: Understanding market timing helps optimize entries and exits.
Personal Knowledge: Focus on markets and instruments you understand well.
b. Trading Strategy and Setup
A trading plan must clearly define the strategies used. This includes:
Trend-following vs. Counter-trend: Will you trade in the direction of the trend or against it?
Technical Indicators: Such as moving averages, RSI, MACD, or Fibonacci retracements.
Entry Criteria: Specific conditions that must be met to enter a trade.
Exit Criteria: Rules for taking profit or cutting losses.
c. Risk Management
One of the most crucial elements of a consistent plan is risk management. Without it, even profitable strategies can fail. Risk management involves:
Position Sizing: Determining the size of each trade based on account balance and risk tolerance.
Stop-loss Placement: Predefined points to limit losses.
Risk-Reward Ratio: A minimum acceptable ratio ensures profitable trades outweigh losing trades.
Diversification: Avoid overexposure to a single asset or sector.
d. Psychological Framework
Emotions are a trader’s biggest enemy. Fear, greed, and overconfidence can lead to impulsive decisions. A trading plan should address:
Emotional Awareness: Recognize your emotional triggers.
Discipline Protocols: Steps to stay disciplined during losses or winning streaks.
Routine: Establish pre-market and post-market rituals to maintain focus.
e. Performance Evaluation
Even the best plan requires ongoing evaluation. This includes:
Trade Journal: Record every trade with reasons for entry/exit, emotions, and outcomes.
Metrics Analysis: Track win/loss ratio, average profit/loss, drawdowns, and risk-adjusted returns.
Review Schedule: Weekly, monthly, or quarterly evaluations help refine strategies.
3. Building Your Trading Plan Step by Step
Creating a consistent trading plan is a step-by-step process. Here’s a structured approach:
Step 1: Define Your Trading Goals
Determine realistic profit targets and acceptable drawdowns.
Set short-term, medium-term, and long-term objectives.
Clarify your purpose: income generation, capital preservation, or wealth accumulation.
Step 2: Choose Your Trading Style
Select a style aligned with your personality and time availability:
Scalping: Quick trades, high frequency, requires constant attention.
Day Trading: Positions closed within a day, moderate time commitment.
Swing Trading: Trades held for days to weeks, suitable for part-time traders.
Position Trading: Long-term trades, less frequent monitoring, patience required.
Step 3: Define Entry and Exit Rules
Use technical indicators or chart patterns for entry triggers.
Determine precise exit points for profits and stop-losses.
Establish rules for adjusting positions as markets move.
Step 4: Implement Risk Management
Decide the maximum percentage of your account to risk per trade.
Define leverage usage if trading derivatives.
Prepare contingency plans for unexpected market events.
Step 5: Develop a Trading Routine
Allocate specific times for market analysis, order placement, and review.
Include pre-market preparation: reviewing charts, news, and economic data.
Conduct post-market reflection: assess trades and performance metrics.
Step 6: Track and Evaluate Performance
Maintain a detailed trading journal.
Analyze mistakes and successes.
Adjust strategies based on performance data, not emotion.
4. Psychological Discipline in a Trading Plan
A well-structured plan is ineffective without psychological discipline. Key principles include:
Consistency Over Perfection: Focus on following your plan rather than winning every trade.
Patience: Avoid impulsive trades; wait for setups that meet criteria.
Resilience: Accept losses as part of the process; never chase trades to recover.
Confidence in Strategy: Trust your plan, especially during drawdowns.
5. Common Mistakes Traders Make
Even with a trading plan, mistakes happen. Awareness is crucial:
Ignoring the Plan: Deviating from rules during emotional swings.
Overtrading: Entering trades without valid setups.
Poor Risk Management: Using high leverage or risking too much per trade.
Neglecting Journaling: Without tracking, you cannot improve.
Failure to Adapt: Markets evolve; static strategies may underperform.
6. Benefits of a Consistent Trading Plan
The advantages of following a disciplined, consistent plan are profound:
Reduced Emotional Stress: Confidence grows when rules guide decisions.
Better Risk Control: Systematic management reduces catastrophic losses.
Increased Profitability: Consistency compounds returns over time.
Improved Self-Awareness: Journaling reveals psychological strengths and weaknesses.
Adaptability: Regular evaluation allows strategy refinement without panic.
7. Tools to Support Your Trading Plan
Modern trading technology can enhance the effectiveness of your plan:
Trading Platforms: Real-time charts, indicators, and order execution.
Screeners and Alerts: Monitor opportunities aligned with your plan.
Journaling Software: Track trades and generate performance analytics.
Backtesting Tools: Validate strategies against historical data.
News and Economic Feeds: Stay informed of market-moving events.
8. Adapting Your Plan to Market Conditions
A consistent plan does not mean rigidity. Traders must:
Analyze Market Trends: Adjust strategies for bullish, bearish, or sideways markets.
Evaluate Volatility: Modify position sizing during high or low volatility periods.
Stay Updated: Economic policies, interest rates, and geopolitical events influence outcomes.
Refine Strategies: Remove setups that underperform; add new, tested methods.
9. Real-Life Example of a Consistent Trading Plan
Consider a swing trader in the stock market:
Market: Nifty 50 stocks.
Style: Swing trading, 2-5 day holding period.
Entry Rule: Buy when the 20-day moving average crosses above the 50-day moving average, confirmed by RSI below 70.
Exit Rule: Take profit at 5-10% gain or stop-loss at 2%.
Risk: 1% of total account per trade.
Routine: Review charts every morning, place orders, and update journal post-market.
Review: Weekly analysis to optimize entry/exit rules based on performance.
This example demonstrates the clarity and repeatability a trading plan provides.
10. Conclusion: Discipline is the Ultimate Profit Engine
A consistent trading plan is not a magic formula for instant wealth; it is a structured approach to long-term market success. It removes emotion, enforces discipline, and allows traders to focus on process over outcome. Traders who embrace a comprehensive plan—covering strategy, risk management, psychology, and evaluation—are far more likely to achieve sustainable profitability.
Remember, consistency in trading is not about winning every trade; it is about winning over time, learning from mistakes, and compounding gains in a disciplined manner. By committing to a consistent trading plan, you transform trading from a gamble into a professional, repeatable skill.
Finnifty Intraday Analysis for 07th October 2025NSE:CNXFINANCE
Index has resistance near 26900 - 26950 range and if index crosses and sustains above this level then may reach near 27100 - 27150 range.
Finnifty has immediate support near 26525 – 26475 range and if this support is broken then index may tank near 26275 – 26225 range.
Powergrid stalls after failed V-shaped recoveryTopic Statement:
Powergrid attempted a V-shaped recovery but faced stiff resistance near 300, limiting its rebound and keeping the stock under short-term pressure.
Key Points:
1. The stock received strong support at the 38.2% Fibonacci retracement level, triggering an upward attempt
2. It is currently blocked by heavy resistance at the 23.6% retracement level at 296
3. Price remains below the 50-day EMA, making it moderately undervalued for short-term accumulation
4. The stock is following a downward trendline and faces resistance as it approaches it, with a breakout above this trendline likely to initiate a bullish move
GOLD → Structural Rebalance Before Next Bullish LegGOLD → Structural Rebalance Before Next Bullish Leg
Gold remains in a strong bullish structure, showing consistent higher highs and steady momentum after each correction. The market has been consolidating above the $3,800 zone, where buyers continue to absorb liquidity and prevent deeper declines. This zone acts as a solid base for potential upward expansion. Current market behavior indicates controlled accumulation, suggesting that institutional buyers are maintaining dominance. If gold holds above $3,840–$3,820, the next bullish leg may target the $3,960–$4,000 region. A short-term retracement could occur, but overall momentum favors continuation. The price structure and volume behavior both support further upside, reflecting strong buyer control and stable sentiment in the market.
Gold Ready for Next Leg Up?Gold (XAU/USD) is approaching a key breakout level at 3897.77. I’m watching for a bullish breakout followed by a pullback entry on a retest of that level.
If support holds, I’ll look to go long toward the next resistance/target at 3950.
A clean breakout-retest setup with solid R:R potential.
Entry: After breakout & retest of 3897.77
Target: 3950
Stop Loss: Below retest low / structure
#GOLD
#XAUUSD
#Breakout
#TechnicalAnalysis
#TradingStrategy
#LongSetup
#ChartAnalysis
#PriceAction
#SupportResistance
#Bullish
XRP Breaks Above $3 – Bullish Momentum BuildsOverview:
XRP has officially closed the week above the $3 mark, a psychological resistance now turning into support. This is a major technical shift suggesting renewed bullish control.
🔑 Key Levels to Watch:
Support: $3.00
Short-Term Target: $3.20
Major Resistance / Magnet: $3.60 (All-Time High)
📊 Market Structure:
XRP appears to be breaking out of a consolidation zone between $2.70 and $3.00. This range held for several weeks, and a clean breakout could fuel a strong continuation toward previous highs.
🐂 Bullish Scenario:
Continued higher highs with volume could open the path to $3.20 and eventually $3.60.
A successful retest of the $3 level as support would further validate the breakout.
⚠️ Risk Note:
Watch for any fakeouts or low-volume rallies. A drop below $3 would negate the breakout and put the $2.70 support back in play.
📅 Outlook:
With Q4 2025 underway, a rally toward the ATH at $3.60 could be driven by both technical momentum and market sentiment.
💬 What’s your take? Are we heading for a new ATH this quarter?
📌 #XRP #Crypto #Altcoins #Breakout #TechnicalAnalysis #Q4Outlook
BANKNIFTY Levels for TodayHere are the BANKNIFTY’s Levels for intraday (in the image below) today. Based on market movement, these levels can act as support, resistance or both
Please consider these levels only if there is movement in index and 15m candle sustains at the given levels. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly, the SL (Stop loss) for each SELL trade should be the previous GREEN candle above the given level.
Note: This idea and these levels are only for learning and educational purpose.
Your likes and boosts gives us motivation for continued learning and support.
Support Restest and Breakout is expected in CDSLCentral Depository Services Ltd (CDSL) has shown a classic support retest and breakout on the daily chart, indicating renewed bullish strength from a key zone. The price respected previous support and has now confirmed a breakout with momentum, aligning with technical breakout trading setups. Additionally, a sharp recovery is visible in the CDSL 1500 call option, suggesting a potential reversal and short-term upside for both the equity and its derivative.
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
Resistance Breakout in ORISSAMINE
BUY TODAY SELL TOMORROW for 5%
KIOCL | VCP to Major Base Breakout with HVEKIOCL breaks out from a 266‑day major long base with a high‑volume expansion after a tight VCP sequence, signaling a potential trend continuation from the lower‑level base to fresh 52‑week highs.
• Price surged above the prior supply line with expanding range and rising EMAs alignment, indicating strong momentum and possible institutional accumulation suitable for swing continuation setups.
• Watch for a constructive retest near the breakout zone and manage risk below the last VCP pivot; ideal for TradingView audience and upcoming ‘Trading Days’ content distribution.
Cardano (ADA) – Bulls Regain Control, Eyes on $0.90 BreakoutCardano had a strong week, managing to hold above key support at $0.77 and closing with a bullish weekly candle. This price action signals a shift in momentum, with buyers back in control.
However, ADA now faces a critical test: the $0.90 resistance level. So far, bullish momentum hasn't been strong enough to force a breakout, but with the broader market showing strength, this level may not hold for long.
A confirmed breakout above $0.90 would be significant, opening the path for a potential move above $1 — a level not seen since mid-2022.
Looking forward, October has started with a strong bullish tone across the crypto market. If this continues, Cardano could be positioned for a fresh rally, provided bulls can take out the $0.90 resistance.
📌 Key Levels to Watch:
Support: $0.77
Resistance: $0.90
Target if breakout confirms: $1+
🟢 Bias: Bullish above $0.77
🔴 Risk: Failure at $0.90 could lead to a retest of support
“Gold Price Action: Bullish Momentum with Key Correction ZonesAnalysis of XAU/USD (Gold Spot)
The chart shows a clear uptrend channel, supported by higher highs and higher lows.
Price recently pulled back after testing the $3,915 zone, which is acting as a short-term resistance.
Multiple support zones are highlighted (around $3,760 and $3,700), which can provide strong buying opportunities on retracement.
The structure suggests impulse–correction–impulse movement, aligning with bullish continuation patterns.
Bullish Scenario
If price holds above the $3,760–$3,780 support, continuation towards $3,915 (previous high) is expected.
A breakout above $3,915–$3,920 will open the door for further upside, targeting $3,960–$3,980.
Bearish Scenario
If price breaks below the trendline support (~$3,760), deeper correction is possible toward $3,680–$3,640 (TP1 zone).
That zone is mentioned on the chart as a strong re-entry point for long positions.
✅ Suitable Target (Bullish):
Immediate Target: $3,915 (previous high)
Extended Target: $3,960 – $3,980
⚠️ Correction Target (Bearish Pullback):
$3,680 – $3,640 (strong buy zone for re-entry)
XAUUSD : 06/10/25 - TP hit 1.Entry - NYSE session when FVG + P1 confirmed
2. MSS shift happend in 2 min during NY session
3. Entered during pullback
4. there are no High Resistance in either 4 hour or 1 hour but had one High resistance is there in 30 min TF , hence booked full at ATH
4. Closed full at 1:3
#ICT
Overall trend bullish hence looked for buy setups only
BUY TODAY SELL TOMORROW for 5%3 minutes ago
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 & Handle Breakout in IFGLEXPOR
BUY TODAY SELL TOMORROW for 5%
NIFTY intraday analysis for October 9, 2025Bullish if the index sustains above the 25081-25090 range. A confirmed move above this pivot targets the 25131-25143 and 25153-25157 strong resistance levels, with potential final upside targets around 25206-25211. Then 25252/75/98
Conversely, a breakdown occurs if NIFTY sustains below 24046-24037, establishing a bearish bias. If the selling pressure continues below the 24971-24943 strong support zone, the trend may turn bearish, with the crucial "last hope" level for bulls being 24916. A closing price below 24916 would provide a strong additional confirmation of a downside trend.
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
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I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.