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Candlestick Analysis

Tensions in the Middle East.(Geopolitical and Technical updates)As it was expected there was a deep fall in the market due to Israel Vs Iran tensions. US is also a direct or indirect party to the situation and if there is further escalation other global powers will mostly get involved. Due to the this situation market opened gap down at 24473. What we saw post that is Indian market recovered smartly from that situation to close at 24718. That is a huge 245 point recovery to end the day. This is why colour of the candles throughout the day (As this is an hourly chart are green despite we ended in red. (That is a classic Technical lesson for understanding candle sticks analytics). The closing is above the father line support of 24674 which is a good sign as this will be our support (Strong support for Monday.) I have spent more than 15 years in the Middle East and happen to know a little bit out of my personal experience, having interacted with a lot of locals. Thus I am trying to answer a few questions that might be coming in the minds of may investors including myself. The Question now are we out of danger? Answer: Not yet. Question 2: Why we are not out of danger? Ans: The geo-political situation is very tense. The scale of Israeli attack was massive and there are clear and present chances of Iran counter attack which has already begun. Israel will respond again and Trump has already said that the next attacks by Israel will be even more fierce. No Iran is no palestine and there would be many countries that might support Iran. Specially China has already hinted support. Russia another ally is busy with Ukraine but you never know. Question 3: How it goes for the other Middle Eastern countries? Ans: There are lot of countries with US and Western bases on them. If Iran attacks them there are chances of other Western countries getting into the act too. In addition to some Middle Eastern countries getting into the act for the purpose of self defence. Thus over the weekend the things can get either very tense. Question 4: What happens to India and Indian markets? Ans: Today Indian markets have shown a lot of resilience. Global meltdown can affect us to for sure. But as we are neutral (As of now as it seems). The damage to our market hopefully will be minimal. Moreover recovery will be swift once the situation becomes less tense. Question 5: What should investors do? Ans: Long term investors can hold on to their long term positions in blue chip stocks. Keep stop losses and trailing stop losses in place for the mid-cap and small cap stocks. If some stop losses are hit or trailing stop losses are hit, you can always buy again as market is not going anywhere. The dip that we might potentially see can be an opportunity for long term investors for bottom fishing again and recalibrating their portfolios. (You can use the current situation to realign your portfolio for buying the trending stocks which have giving good results this quarter or have been giving good results since last few quarters.) Get rid of the stocks that have been dragging your portfolio down. Market has provided another opportunity for a fresh start. Things you can do: 1) Gold and Silver are always a great option when it comes to uncertain times. 2) Do not give a knee jerk reaction in selling off your winners. 3) Watch the global updates and keep stop losses and trailing stop losses accordingly. 4) Re-calibrate your portfolio 5) If you are sitting on cash use the dip for investing in stocks with long term perspective. The support for Nifty Remain at: 24674 (Father line support), 24640 (Mid-channel support), 24492 (Trend line support), 24382, 24208 and finally 24077 (Channel Bottom Support). a closing below 24077 will enable and empower bears to Pull Nifty further down. Resistances for Nifty remain at: 24752, 24818, 24906 (Mother line Resistance), 25043, 25138 and finally 25223 (Channel top Resistnace). Above 25223 Bulls will potentially take over the market. To know more about Mother Father and Small Child theory, Parallel Channel, Technical and Fundamental analysis and to learn it to master it. Read my book. The Happy Candles Way To Wealth Creation available on Amazon in Paperback and Kindle version. The book is one of the highest rated books in the category and many readers consider it as a Hand Book for Equity investment. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. The political commentary is based on personal views and analysis. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NSE:NIFTY
by Happy_Candles_Investment
As conflict escalates, gold is cautiously long📰 Impact of news: 1. The geopolitical situation between Israel and Iran deteriorates 📈 Market analysis: The worsening geopolitical situation caused a surge in gold prices. The intraday short-term support points of 3420, 3402, and 3380 will all become key support for testing bulls. If the European session is strong, 3420 cannot be lost. If it falls back and loses, it will move closer to the top and bottom conversion position of 3402. If you go long later, you must pay attention to the weakening of the upward momentum. If the European session continues to break the high of 3440, then the US session can be seen around 3468-3493. If the upward momentum in the European session weakens, we need to watch out for a short-selling counterattack and a sharp decline. The geopolitical situation is unstable. Bros must strictly control SL when trading independently. 🏅 Trading strategies: BUY 3420-3402-3380 TP 3390-3400-3420-3460-3490 If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices. OANDA:XAUUSD FX:XAUUSD FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD
OANDA:XAUUSDLong
by AllenBoswell-2
#BERAUSDT #1D (Bitget Futures) Descending wedge on supportBeraChain printed a bullish hammer that may have marked a double bottom here on daily. Reversal seems around the corner, revisiting 50MA & 100EMA resistances would make sense. ⚡️⚡️ #BERA/USDT ⚡️⚡️ Exchanges: Bitget Futures Signal Type: Regular (Long) Leverage: Isolated (2.0X) Amount: 4.8% Entry Zone: 2.798 - 2.558 Take-Profit Targets: 1) 3.345 2) 3.848 3) 4.350 Stop Targets: 1) 2.120 Published By: @Zblaba CRYPTOCAP:BERA BITGET:BERAUSDT.P #1D #BeraChain berachain.com Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0 Expected Profit= +49.8% | +87.4% | +124.9% Possible Loss= -41.7% Estimated Gaintime= 1-2 months
Long
by TradingOn
GOLD (XAUUSD): Waiting For Another Breakout Following the latest news, I think you would agree with me that Gold will most likely rise more. Your technical confirmation can be a bullish breakout of the underlined blue resistance and a daily candle close above 3435. It will be an important trigger that will push the prices way up to a current ATH. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDLong
by VasilyTrader
1
USDCAD Long – Wyckoff Spring PlaybookCause > Effect. Behavior > Breakouts. We just printed a classic Spring + Test setup. Here’s how the puzzle came together: 🔍 Accumulation Context: Market ranged quietly for hours – demand building below the surface. Spike down into previous demand zone with climax volume – the shakeout. Quick reclaim of the zone with bullish absorption signals the Spring. 📈 Execution Plan: Entry just above the spring low at 1.3617 Stop below spring at 1.3612 Targeting inefficiencies at 1.3645 and 1.3651 (prior supply pockets) 🎯 Why I Like This Setup: Structure: Matches Wyckoff Spring logic (Phase C → D transition) Volume: Shakeout came with high effort, followed by efficient reclaim Timing: Happens in a zone where other traders might still be stuck short > “In trading, the ones who recognize intent get in before confirmation.” This trade idea isn’t about being right — it’s about understanding behavior. I’m not reacting to candles. I’m tracking the motive behind them.
Long
by theeOperator90
XAU/USD 13 June 2025 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Analysis and bias remains the same as analysis dated 23 April 2025 Price has now printed a bearish CHoCH according to my analysis yesterday. Price is now trading within an established internal range. Intraday Expectation: Price to trade down to either discount of internal 50% EQ, or H4 demand zone before targeting weak internal high priced at 3,500.200. Note: The Federal Reserve’s sustained dovish stance, coupled with ongoing geopolitical uncertainties, is likely to prolong heightened volatility in the gold market. Given this elevated risk environment, traders should exercise caution and recalibrate risk management strategies to navigate potential price fluctuations effectively. Additionally, gold pricing remains sensitive to broader macroeconomic developments, including policy decisions under President Trump. Shifts in geopolitical strategy and economic directives could further amplify uncertainty, contributing to market repricing dynamics. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bullish. As per my analysis dated 22 May 2025 whereby I mentioned price can be seen to be reacting at discount of 50% EQ on H4 timeframe, therefore, it is a viable alternative that price could potentially print a bullish iBOS on M15 timeframe despite internal structure being bearish. Price has printed a bullish iBOS followed by a bearish CHoCH, which indicates, but does not confirm, bearish pullback phase initiation. I will however continue to monitor, with respect to depth of pullback. Intraday Expectation: Price to continue bearish, react at either M15 supply zone, or discount of 50% internal EQ before targeting weak internal high priced at 3,444.495. Note: Gold remains highly volatile amid the Federal Reserve's continued dovish stance, persistent and escalating geopolitical uncertainties. Traders should implement robust risk management strategies and remain vigilant, as price swings may become more pronounced in this elevated volatility environment. Additionally, President Trump’s recent tariff announcements are expected to further amplify market turbulence, potentially triggering sharp price fluctuations and whipsaws. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
Stick to shorting gold and aim for the target area.Gold has not broken through 3400 after accelerating its rise, and the upper suppression effect still exists; currently gold is fluctuating in a narrow range below 3390, showing signs of stagflation to a certain extent. Therefore, the accelerated rise of gold is not for the short-term impact of 3400, but for a deep retracement, eliminating more scattered funds in the market by sweeping up and down. So in the short term, I think it is difficult for gold to continue to break upward under the suppression of the resistance area near the short-term high of 3402, but to test the lower support area of ​​3375-3365 before breaking upward. So I have shorted gold as scheduled according to the short trading plan mentioned above, and aimed at the lower target area of ​​3375-3365. At present, our short position has made a certain profit, but I still look forward to profiting from gold hitting TP! Let us look forward to gold falling back to the target area as expected!
OANDA:XAUUSDShort
by Steffen_Schade
EUR/JPY: Evening star warning as 165 holds by a threadEUR/JPY is on the cusp of confirming an evening star pattern, setting up a potential short if the price closes around current levels or lower. 165.00 remains key support. It’s already been tested today before bouncing—price behaviour we’ve seen before. It often trades through but rarely closes below with conviction, putting focus on how it trades into and out of the weekend, especially given EUR/JPY’s tendency to deliver reliable signals. A break of Monday’s low at 164.60 would allow shorts to be initiated, with a stop above 165 for protection. Initial downside targets include the 50-day moving average, 163.00, or the 200-day moving average—depending on the risk-reward profile you're after. Expect bids around 164, so be ready to square the trade if momentum stalls. If price rallies into the Friday close, the bearish setup would be invalidated. Good luck! DS
Short
by FOREXcom
USD/JPY(20250613)Today's AnalysisMarket news: The number of initial jobless claims in the United States for the week ending June 7 was 248,000, higher than the expected 240,000, the highest since the week of October 5, 2024. The monthly rate of the core PPI in the United States in May was 0.1%, lower than the expected 0.30%. Traders once again fully priced in the Fed's two interest rate cuts this year. Technical analysis: Today's buying and selling boundaries: 143.73 Support and resistance levels: 145.09 144.58 144.25 143.21 142.88 142.37 Trading strategy: If the price breaks through 143.73, consider buying in, the first target price is 144.25 If the price breaks through 143.21, consider selling in, the first target price is 142.88
Short
by NuggetsWarriors
PLTR – Structure Holding… For Now (4H Outlook)Palantir is compressing near ATHs, but showing early signs of exhaustion on higher timeframes. On the 4H chart, structure is still bullish — but fragile. 🔍 Key Technical Structure • Series of Breaks of Structure (BoS) confirming the bullish trend • Price is currently sitting above the $125 4H demand zone, near previous highs • Invalidation for the bearish thesis sits at $140 🧭 Strategy Outlook If $125.50 fails: → Next demand: $113.00–$105.00 → Below that: strong support zone at $98.00–$89.00 If $140 breaks and holds: → Bearish divergence invalidated → Continuation toward new highs likely 📌 Summary Price is at an inflection point. Structure remains bullish, but momentum is weakening across higher timeframes and RSI divergence is still active. Watching $125.50 as the trigger: Below = potential sell-off Above = stay patient
NASDAQ:PLTR
by fredcast80
Gold price fluctuates again, layout in the evening📰 Impact of news: 1. Initial jobless claims data favors bulls 📈 Market analysis: The high of 3392 in the US market fell back for the first time to test the 3377 area to stop the decline and then tried again but failed to break through the 3400 integer mark. It can be seen that this position is very suppressed. The top and bottom conversion of 3377 has become the watershed for bulls to defend in the future market. 3400 is the short-term key pressure and the closing line has a long upper shadow K. If 3377 is lost, the price will fluctuate again. In the short term, focus on the 3390-3400 resistance on the upside and the 3377-3365 support on the downside. 🏅 Trading strategies: SELL 3385-3395 TP 3370-3360 BUY 3365-3360 TP 3390-3400 If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices. TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD OANDA:XAUUSD
OANDA:XAUUSDLong
by AllenBoswell-2
Short gold ，it is expected to retreatToday, we accurately seized the trading opportunity of long gold at 3350 according to the trading plan, and hit TP: 3380 in the process of rebounding. We firmly grasped the profit of 300pips in the short-term long trading. At present, gold maintains the trend of continued rise! Now I definitely do not advocate chasing gold in short-term trading. On the contrary, I will actively look for good opportunities for short-term short trading to earn profits from short-term retracement. In the short term, the suppression area I focus on is the 3390-3395 area, because the gold trend is relatively strong during the European session, and the US session should continue. If gold cannot break through this area in the short term, gold will likely usher in a wave of retracement. I think it should not be difficult to test the 3370-3360 area downward; secondly, we must pay attention to the same suppression area as the short-term high of 3402: 3405-3415; if gold touches this area and stagflation occurs, then it may form a secondary high in the short term, thereby hitting the firmness of the bulls' confidence and ushering in a retracement. So next, I will test the gold short trade around the two areas of 3390-3395 and 3405-3415. Relatively speaking, the profit and loss ratio is still very favorable to us! But in the process of trading, we must strictly set up protection, after all, it is a counter-trend trade in the short term!
OANDA:XAUUSDShort
by Steffen_Schade
Nifty Analysis EOD – June 12, 2025 – Thursday🟢 Nifty Analysis EOD – June 12, 2025 – Thursday 🔴 📉 Range Breakout on Expiry – Bears Steal the Show As highlighted in yesterday’s note — “Watch 25,222 on the upside and 25,080 on the downside for breakout” — Thursday’s expiry session decisively broke the range to the downside, unleashing a sharp bearish move. Nifty opened strong at 25,164.45, briefly tested 25,196, but once again failed to challenge 25,200. The rejection triggered a slide to 25,083, and shortly after, the critical support of 25,080 gave way. This breakdown triggered long unwinding and fresh shorts, accelerating the fall all the way to 24,825.90 — a sharp 197-point drop. Though there was a brief 90-point retracement, that too was sold into, and the index closed at 24,888.20 (adjusted), very close to the day’s low. This fall filled the Gaps created on June 6 and 9, and settled around the 0.5 Fibonacci retracement level (based on June 3 low to June 11 high). With such a close, the market signals a strong shift in sentiment. Going ahead, 24800–24768 becomes a critical support zone. Bulls now need to reclaim and close above 25,020 to regain any strength. Until then, bias remains bearish. 🛡 5 Min Chart with Levels 🕯 Daily Time Frame Chart 🕯 Daily Candle Breakdown Open: 25,164.45 High: 25,196.20 Low: 24,825.90 Close: 24,888.20 Net Change: −253.20 (−1.01%) 📊 Candle Structure Breakdown Real Body: 276.25 pts → 🔴 Strong Red Candle Upper Wick: 31.75 pts Lower Wick: 62.30 pts 🔍 Interpretation Bears dominated from start to finish, with hardly any resistance from the bulls. The close near the day’s low reinforces strong bearish sentiment. The lower wick is minimal — buying interest was absent post-selloff. 🔦 Candle Type 🔥 Bearish Marubozu–like Candle– Reflects powerful downside momentum and strong seller conviction. 📌 Key Insight The candle wipes out 3 sessions of buildup — textbook bearish breakdown. Support at 24,820–24,850 is critical. A breakdown from here could invite deeper correction. Only a close above 25,020 can negate this bearish tone. Otherwise, weakness may persist. 🛡 5 Min Intraday Chart ⚔️ Gladiator Strategy Update ATR: 252.81 IB Range: 131.4 → Medium IB Market Structure: Balanced Trades:✅ 11:10 AM – Short Triggered → Target Achieved, Trailing SL Hit (RR: 1:4.65) 📌 Support & Resistance Zones Resistance Levels 24,920 24,972 ~ 25,000 25,060 ~ 25,080 25,102 25,125 25,180 ~ 25,212 Support Levels 24,820 24,800 ~ 24,768 24,735 ~ 24,725 24,660 24,640 ~ 24,625 💭 Final Thoughts With a decisive range breakdown and expiry volatility behind us, the battle zone shifts to 24,800–25,000. Expect more pressure if bulls fail to reclaim 25,020. 🧠 “Markets don’t wait forever at the edge of range—they break, and break hard.” ✏️ Disclaimer This is just my personal viewpoint. Always consult your financial advisor before taking any action.
NSE:NIFTY
by kzatakia
Long profit-taking,how to position gold before unemployment data📰 Impact of news: 1. Pay attention to the initial unemployment claims data 📈 Market analysis: After being pulled down, the gold price quickly rebounded to around 3385, and the RSI showed a V-shaped reversal. It is not recommended to chase the rise at present. In the short term, pay attention to the upper resistance area of 3385-3395. If the gold price effectively breaks through this resistance area, it is expected to touch the 3400-3410 line. On the contrary, it encounters resistance and pressure at the 3385-3395 line, and may retreat to the 3370-3360 line in the short term. 🏅 Trading strategies: SELL 3385-3395 TP 3370-3360 If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices. OANDA:XAUUSD FX:XAUUSD FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD
OANDA:XAUUSDShort
by AllenBoswell-2
Buy gold, it is expected to continue to rise and test 3380-3390After the Asian session began, gold began to rise rapidly, and the original plan to short gold near 3355 had to be cancelled. After gold touched 3374, it fell back slightly, but after retreating to 3357, it rebounded again and broke through the short-term suppression near 3370 again. At present, gold still has the potential to rise further. According to the current structure, gold has formed an oscillating upward structure, and the lows have been rising. After breaking through the short-term resistance area of ​​3360-3370, the willingness to rise has strengthened. Gold is expected to usher in a second rise and test the 3380-3390 area. If it breaks through this area, gold is even expected to continue to the 3410-3420 area. As gold rises, the gold support area rises to the 3360-3350 area. So for short-term trading, we can try to go long on gold while controlling the risk after gold retreats to the 3360-3350 area!
OANDA:XAUUSDLong
by Steffen_Schade