Bearish Setup on BCH/USDOverview:
The market conditions and price action are currently indicating a bearish trend for BCH/USD. Below is the detailed breakdown of the trade setup and why this position is logical:
Market Structure:
The price is in a downward trend, confirmed by the lower highs and lower lows visible on the chart.
A break below key support levels, along with the current price action, suggests that the bearish move is likely to continue.
Entry Level:
Entry = 580.53: The entry has been strategically placed below a key resistance level, which is also near the recent high. This confirms that a breakdown is happening, setting the stage for further downward movement.
We are entering at a point where the price has shown weakness and failed to continue its upward movement, which typically signals a potential continuation to the downside.
Stop Loss (SL):
Stop Loss = 601.45: The stop loss has been placed above a previous swing high, ensuring that the trade will only be invalidated if the price reverses above this level, thus protecting us from a false breakout.
The chosen level ensures the risk is kept under control while still allowing for reasonable price fluctuations within the trend.
Take Profit (TP):
Target = 535.76: The target is set based on recent price action, aligning with previous support levels. This level is where the price is expected to find potential support before making any reversal.
The risk-to-reward ratio here is favorable, with a potential reward much higher than the initial risk, making the setup an attractive swing trade opportunity.
Trend Confirmation:
The price is below the 50-period and 200-period EMAs, indicating that the overall trend is bearish.
The trendline at the bottom, which slopes upward, serves as an additional support that the price is expected to break below before confirming the bearish move.
Volume:
Volume analysis indicates increasing selling pressure, supporting the bearish narrative.
A breakout with higher volume confirms the strength of the downtrend, reducing the chances of a fakeout.
Conclusion:
The overall market structure, confirmed by the price action, trend, and volume analysis, suggests that the market is likely to move lower.
With a favorable risk-to-reward ratio, this setup is logical and worth considering for those looking to enter a short position on BCH/USD.
Trend Lines
Gold Scenario – Tracking the Medium-Term UptrendGold Scenario – Tracking the Medium-Term Uptrend
Hello traders,
Gold continues to follow the expected scenario. Price reacted at the Fibonacci 1.618 resistance, effectively completing the liquidity test. At present, the 3368 zone is a good area to look for buying opportunities.
The previous Elliott cycle has already completed its ABC waves, and gold now appears to be forming a new Elliott structure. Currently, price is likely in wave 3 of the uptrend, reacting at the H4 descending trendline with a mild pullback, before completing wave 5 with a breakout move from the channel and confirming the flag pattern on H4.
Strategy: Buy around 3368 with a strict stop-loss just below the previous swing low.
Target: 3410 is a reasonable profit level. After that, expect wave 4 to form and look for short opportunities from there.
The MACD remains supportive, trading above its average levels and confirming bullish momentum. At this stage, it’s all about timing entries correctly.
This is my personal outlook on gold in the short to medium term. Use it as reference and don’t forget to share your views in the comments so we can learn from each other.
Bitcoin Trend Reversal – Elliott Wave in PlayBitcoin Trend Reversal – Elliott Wave in Play
Hello traders,
Today we look at a fresh scenario for BTC as price has broken decisively below a major support zone, showing clear short-side strength. This could mark the beginning of a medium-term downtrend, signalling a shift in market structure.
The 112k level has been fully taken out after two strong rejections earlier, and now the market looks ready to seek lower levels, potentially targeting 97k–98k based on Fibonacci Extension.
From an Elliott Wave perspective, BTC is currently in wave 3 of the down cycle, and has not yet reached the reaction point for wave 4. I expect the 105k zone to act as support for this leg down. From there, price could bounce into wave 4 before completing wave 5 lower towards 97k, or even 95k. This would provide a solid area to plan medium-term long entries afterwards.
The MACD also supports the bearish view, with both volume and moving averages trending below, signalling strong downside momentum.
I’ve marked the key price levels on the chart for clarity. Please use this scenario as reference and manage risk carefully with your trades.
What’s your outlook for BTC here? Share your thoughts in the comments so we can discuss together.
Mphasis cmp 2917.70 by Daily Chart viewMphasis cmp 2917.70 by Daily Chart view
- Support Zone 2785 to 2845 Price Band
- Resistance Zone 2980 to 3045 Price Band
- Falling Resistance Trendline Breakout attempted
- Rising Support Trendline well respected by up-trending price
- Bullish Cup & Handle pattern done near the Resistance Zone neckline
NIFTY still looks WEAK!!As we can see despite the strong opening, it couldnt sustain itself above the supply zone and fell closing in neutral bias. Based on our previous analysis, we can still expect NIFTY to fall unidirectionally if it couldnt close above psychological level so plan your trades accordingly and keep watching everyone.
Bitcoin – Trading Plan Update Bitcoin – Trading Plan Update
Hello traders,
The BTC scenario has played out well, with price reacting strongly at 110.4k and bouncing higher. This level has cleared much of the short-side liquidity, while the H4 candle could not close below the 111.8k support. As a result, long entries around 110k can still be expected to target higher levels, at least towards 115.5k.
The primary focus remains on the long side as long as price does not confirm a sustained bearish move. Long positions will remain valid until price breaks decisively below 110k.
For traders who already closed longs or missed the earlier entry, wait for a retest of the FVG zone near 111.5k. If price reacts higher, fresh longs around 113k can be considered.
Short-term selling opportunities may also appear near 115.5k and 117.2k, where price could face resistance.
My BTC strategies are still aligning well with current price action. That said, this is my personal outlook based on my trading method. Please trade responsibly, stick to your own plan, and manage risk carefully.
What’s your view on BTC right now? Share your thoughts in the comments below.
Gold – Weekly Opening Update Gold – Weekly Opening Update
Hello traders,
Gold is holding firm after last week’s strong rally. As mentioned in my earlier analysis, gold has completed an ABC Elliott Wave structure beautifully, with wave C pushing higher and meeting the original target perfectly.
As the new week begins, the market has opened quietly, with price consolidating around 3368. At this stage, gold is in an accumulation phase, and traders are waiting for a clear confirmation before taking fresh positions.
Gold has formed a minor resistance at 3359. If price breaks below this level, it could act as a short-term sell confirmation, with possible entries around 3366.
On the other hand, if gold holds steady or breaks above last week’s resistance high, the bias will shift to long-term buying opportunities.
Even if a sell plays out after breaking 3359, the next strong buy zone sits around 3345, aligned with the ascending trendline.
Since price is still within the flag pattern, trading is expected to remain focused on the market’s major liquidity zones. On the D1 chart, the structure continues to favour the upside bias. Any selling setups should be kept to short scalping plays for better risk control and higher accuracy.
This is my personal outlook for Monday’s session. Trade carefully and manage your account with discipline.
What’s your view on gold to start the week? Share your thoughts in the comments so we can learn together
Nifty Intraday Analysis for 25th August 2025NSE:NIFTY
Index has resistance near 25050 – 25100 range and if index crosses and sustains above this level then may reach near 25250 – 25300 range.
Nifty has immediate support near 24700 – 24650 range and if this support is broken then index may tank near 24500 – 24450 range.
Banknifty Intraday Analysis for 25th August 2025NSE:BANKNIFTY
Index has resistance near 55600 – 55700 range and if index crosses and sustains above this level then may reach near 56100– 56200 range.
Banknifty has immediate support near 54700 - 54600 range and if this support is broken then index may tank near 54200 - 54100 range.
Finnifty Intraday Analysis for 25th August 2025NSE:CNXFINANCE
Index has resistance near 26550 - 26600 range and if index crosses and sustains above this level then may reach near 26775 - 26825 range.
Finnifty has immediate support near 26150 – 26100 range and if this support is broken then index may tank near 25950 – 25900 range.
Midnifty Intraday Analysis for 25th August 2025NSE:NIFTY_MID_SELECT
Index has immediate resistance near 13050 – 13075 range and if index crosses and sustains above this level then may reach 13225 – 13250 range.
Midnifty has immediate support near 12800 – 12775 range and if this support is broken then index may tank near 12650 – 12625 range.
TCS – Bullish SetupSummary:
This trade setup is based on a bullish momentum seen in the recent price action of TCS. We are entering the position with the expectation that the price will continue to rise, following a significant upward breakout. The entry, stop loss (SL), and target price (TP) levels are set, and the risk-to-reward ratio (RRR) is favorable.
Key Points of the Trade:
Entry Point:
The entry for this position is at 3140.80, which is above the recent support level, indicating the continuation of the upward trend. The entry is triggered as the price has recently started to break through a key resistance zone, suggesting that the bullish momentum is likely to continue.
Stop Loss (SL):
The stop loss is set at 3043.50, just below the recent support zone. This ensures that we have a protective exit if the market reverses. Placing the stop loss here helps mitigate risk in case the trade goes against us.
Target Price (TP):
The target for this trade is 3286.95, a price level that corresponds to a recent resistance point. This target has been chosen based on the potential upside movement following the breakout, providing a good area for price to reach based on historical price action.
Risk-Reward Ratio (RRR):
With the entry at 3140.80, the stop loss at 3043.50, and the target at 3286.95, the RRR stands at 1:1.5. This is a healthy ratio, ensuring that the potential reward outweighs the risk, which is crucial for effective swing trading.
Market Context:
The price has recently bounced off a support level, and we are observing strong bullish momentum as the price moves above the resistance area. This suggests the market may continue its upward movement, making the trade setup valid.
Confirmation:
The recent price action and the movement above key levels provide confirmation of the trade. Additionally, the overall market sentiment for TCS is positive, which further validates the bullish trade idea.
Conclusion:
This trade setup is a bullish scenario for TCS, with a clear entry, stop loss, and target price. The risk-to-reward ratio is favorable, making this a logical and worthwhile trade to consider for swing trading on the 1-hour timeframe. Keep an eye on any changes in momentum or price action that may suggest a reversal, but as of now, the trend looks strong.
Positional or Long-term Opportunity in Apollo Tyre Go Long @ 469.8 for Targets of 502.8, and 568.8 with SL 436.8
Reasons to go Long :
1. On weekly timeframe stock gave Trendline breakout (marked with red color).
2. If we draw Fibonacci retracement from the recent swing low (A) to the swing high (B) then the stock took support from the 0.618 Fibonacci level.
3. In addition to this, there is a strong demand zone (marked with purple color) from which the stock took support.
Observing Charts Smarter: Learning Price Action Made EasyIn this video, I share how simple trading observations and “talking to the charts” can improve your understanding of price action and trade movements. By reviewing Apollo’s chart, we explore how breakout patterns, retracements, and higher highs unfold in real time. The goal is not prediction, but sharpening your ability to read market structure, avoid wrong entries, and reduce big drawdowns—ultimately helping you become a more disciplined trader.
Bitcoin – Medium-Term OutlookBitcoin – Medium-Term Outlook
Hello traders,
BTC recently made a strong breakout move, reacting precisely at the 117k level as expected. Currently, price is in a corrective phase, clearing the liquidity from last Friday’s bullish candle. The sharp rejection at 117k suggests we need to reassess the medium-term outlook.
The primary scenario remains bullish. The 113.4k zone is a key area to look for long entries, as buyers dominated this level earlier and liquidity from short traders still sits here. From a psychological perspective, we could see shorts exiting the market, fuelling a rally towards 115.7k. A confirmed break above 117k would strengthen the long-term bullish trend, opening the door for further long opportunities.
On the flip side, a reaction lower from 115.7k could present a short entry for the medium term. If support at 111.7k breaks, BTC may extend down to 110k, where strong historical rejections suggest a solid zone for fresh long positions in both medium and long-term outlooks.
This outlook is based on key support/resistance levels and major liquidity zones. Always trade with discipline and manage risk carefully to protect your account.
What’s your view on BTC here? Share your thoughts in the comments so we can trade smarter together.
BIG GAP needs to be filled!! MORE downside??As we can see NIFTY showed unidirectional downfall exactly from our trendline RESISTANCE exactly as analysed and we analysed it through the previous day closing of the candle. Now we can see a big gap that needs to be filled below 24860, hence we might see a trap before finally filling in the GAP below which is almost 200 point. SO, one can plan their trades if following criteria is met
Fedbank Financial cmp 142.03 by Daily Chart view since listedFedbank Financial cmp 142.03 by Daily Chart view since listed
- Support Zone 126.50 to 133.50 Price Band
- Resistance Zone 142.50 to 148.50 Price Band then ATH 153.60
- Volumes seen to be in good close sync with the average traded quantity
- Rising Support Trendline Channel well respected by up-trending price momentum
- Falling Resistance Trendline Breakout seemingly might be retested prior to fresh uptrend
- Price testing retesting Support Zone over the last week for probable breakout beyond ATH 153.60
- Dual Bullish Technical patterns formed of Head & Shoulders and close to 18 month long Rounding Bottom