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Candlestick Analysis

BTCUSDT 30-Min Chart – Bearish Breakdown & Key Reversal ZonesBTC has broken below a key trendline support, confirming a bearish bias. The next price targets are the Mini Reversal Area ($86K - $85K) and the Major Reversal Area ( FWB:83K - GETTEX:82K ). 📍 Technical Breakdown: The price is trending downward after a failed support retest. A lower high formation suggests a continuation to lower levels. If the Mini Reversal Area fails to hold, BTC could drop to the $82,000 - $83,000 range, where stronger buying interest may appear. 📊 Trade Outlook: 🔴 Bearish Scenario: Breakdown of $85,000 → Short target $82,500 Rejection at $90,500 → Sell opportunity 🟢 Bullish Scenario: Recovery above $90,500 → Possible bullish reversal Break above $92,000 → Trend shift ⚠ Risk Management: Stop-loss for shorts: Above $90,500 Stop-loss for longs: Below $82,000 📌 Final Thoughts: BTC remains in a downtrend for now. Traders should watch reversal zones closely before making major decisions. A bounce from $85K could offer a relief rally, while a breakdown below GETTEX:82K may trigger deeper losses. 🚀 Like & Comment if you found this analysis helpful!
Short
by MangoMan4
Good closing by Nifty, Now all eyes on tomorrow's weekly closingAnother fantastic day of recovery by Nifty which closed 207 points up today. From the lows of the day recovery was 310.6 from the lows of the day. Thus last 2 days have seen a significant up moves. The resistances now for Nifty remain at 22556, 22800 and 22981 before we reach the major resistance zone of 23139 to 23467. This zone includes a Mother line, Father line and Trend line resistance. It will take some major good news or significant buying by FII to take us into Bull zone which awaits us above this zone. Supports for Nifty remain at 22240, 21954, 21782 and 21281. Below 21281 there can be a bear mayhem which can see Nifty slipping into recession mode. For now that zone is far away and shadow of the candle currently looks neutral to positive. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. 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:NIFTYLong
by Happy_Candles_Investment
Go long gold first, then go short gold!!!Go long first and then go short At present, gold has fallen back from around 2926 and touched around 2900. Although it has been slightly punctured, it has not effectively fallen below 2900. The support area of ​​2900-2890 that I suggested is still valid; and in the process of gold falling back, it is more conducive to long funds waiting for opportunities to enter the market to increase liquidity, and it is more conducive to gold continuing to rise or even breaking through the resistance area near 2930 after technical adjustments and accumulating momentum. So in short-term trading, I advocate going long gold. We can go long gold in the 2905-2895 area, and I have executed this trading plan, expecting gold to rise and bring us huge profits. I always believe that profitability is the criterion for measuring strength. I want to tell you that I never talk in vain. Everything is based on transaction data. Brothers, profit is the ultimate goal of trading. Accumulating profits is what changes life and destiny. Wise choices are far more important than hard work. If you want to copy trading signals and earn stable profits, or want to learn in depth about correct trading logic and techniques, you can consider joining the channel at the bottom of this article.
OANDA:XAUUSDLong
by GoldKing_Allen
Shorting gold, a precise hit yielded a handsome profitBrothers, as a professional trader, my rich trading concepts and strategies have been widely praised by my friends. Have you followed my trading strategies and ideas to short gold? As I wrote in my previous post, I shorted gold as soon as the price hit the 2925-2930 area and made a profit of more than 200pips. Presumably, as long as the brothers who follow my strategy to short gold, they will definitely gain a lot of profits. I always believe that profit is the standard for measuring strength. I want to tell you that I never talk in vain. Everything is based on trading data. The cake is only so big. When others have started to taste it with me, are you still hesitating? Remember, as long as you follow my trading strategy and ideas, wealth will inevitably come to you. There is still a lot of time today. Let's keep working hard. I believe we will gain more profits. Brothers, profit is the ultimate goal of trading, and accumulating profits is what changes your life and destiny. Wise choices are far more important than hard work. If you want to copy trading signals, make stable profits, or want to learn the correct trading logic and skills in depth, you can consider joining the channel at the bottom of this article.
OANDA:XAUUSDShort
by GoldKing_Allen
Keep the trading rhythm of shorting goldBros, although gold seems to want to continue to rise, it still faces resistance in the 2930-2940 zone in the short term, and even resistance near the stage high of 2955, so it is not easy for gold to seek a breakthrough upward. Moreover, it is easy for technical false breakthroughs to occur before the NFP market on Friday, and there are technical temptations to do long candlesticks. Therefore, before breaking through the key resistance area, we can still short gold, and it is not difficult to expect gold to retreat to the 2910-2900 zone. Bros, did you follow me to short gold? Wise choices are far greater than hard work. Only by following the right people can we execute the right transactions and accumulate profits that change our lives and destiny. If you want to copy trading signals and make stable profits, or want to learn the correct trading logic and techniques in depth, you can consider joining the channel at the bottom of this article!
OANDA:XAUUSDShort
by Trader_Marvin
GOLD (XAUUSD): Consolidation Continues On a yesterday's live stream, we discussed that Gold is consolidating within a horizontal range. After a test of its resistance, we got a local sideways movement and distribution. Violation of its minor support is a strong intraday bearish signal. Because of that, I think that the price may drop to 2900 support. ❤️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:XAUUSDShort
by VasilyTrader
1
Bearish Reversal Incoming? Key Resistance Holds as Price StallsAfter analyzing multiple timeframes, we observe that the price has surged significantly and is now trading within a key resistance zone. The resistance remains strong, and the RSI across multiple timeframes is in the extreme overbought territory, showing bearish divergences. Additionally, despite the sharp rally, the price has not undergone any meaningful correction. Considering these factors—strong resistance, the proximity to a weekly trendline, extreme overbought conditions, and bearish divergence—along with the presence of a hanging man candlestick at resistance, a correction is likely. Our correction targets are the 50% and 61.8% Fibonacci retracement levels.
Short
by SpicyPips
USD/JPY Technical Analysis – March 6, 2025 Market Structure & Price Action USD/JPY is currently trading at 149.182, showing a weak bullish reaction but still respecting the broader descending trendline resistance. The pair has been following a well-defined bearish channel, making lower highs and lower lows. Key Observations: 📉 Trendline Rejection: The price has tested the descending trendline and faced rejection, indicating sustained bearish pressure. 📊 Double Top Formation: A potential double top near 149.500 further supports a bearish outlook. 🔵 Support Zone at 148.900 - 149.000: This level has acted as strong demand previously. However, repeated retests weaken its reliability. 📌 Break and Retest Setup: If the price breaks below the support, a continuation to 148.000 and possibly 146.500 is likely. Bearish Scenario: A confirmed breakdown below 148.900 could trigger a sharper decline toward the 147.500 - 146.500 range, as highlighted in the projected move. A failure to hold above the descending trendline signals strong selling momentum. Bullish Scenario: If buyers defend 148.900 support, the price could retest 149.500 or even attempt a breakout towards 150.000. However, the overall trend remains bearish, favoring further downside. Conclusion: Bias: Bearish 📉 Key Levels to Watch: ✅ Resistance: 149.500 – 150.000 ✅ Support: 148.900 – 147.500 A break below the support zone could accelerate selling pressure, aligning with the downtrend structure.
Short
by MangoMan4
USDCAD Wave Analysis – 5 March 2025 - USDCAD reversed from the resistance zone - Likely to fall to support level 1.4300 USDCAD recently reversed down from the resistance zone between the resistance level 1.4500 (which has been reversing the price from January) and the upper daily Bollinger Band. The downward reversal from this resistance zone created the daily Japanese candlesticks reversal pattern Bearish Engulfing – which stopped the earlier impulse wave 3. Given the strength of the resistance level 1.4500, USDCAD can be expected to fall to the next support level 1.4300.
Short
by FxProGlobal
2
This time I still choose to short gold!!!Brothers, gold rebounded to the 2925-2930 area as scheduled, which is in line with our expectations. Therefore, when the gold price touched this area, I immediately followed my idea to short gold. Brothers who have read my previous posts should know that you can basically make good profits when you follow my ideas and trading strategies. I hope you will do the same this time. At present, gold is still in a situation of narrow range fluctuations, and it is difficult for gold prices to break through the 2930-2935 area in the short term. Therefore, in the next trading rhythm, we still maintain the attitude of shorting gold, and pay attention to the support of the 2910-2900 area below in the short term. Brothers, profit is the ultimate goal of trading. Accumulating profits is what changes life and destiny. Wise choices are far more important than hard work. If you want to copy trading signals and earn stable profits, or want to learn in depth about correct trading logic and techniques, you can consider joining the channel at the bottom of this article.
OANDA:XAUUSDShort
by GoldKing_Allen
Short trade in progressBros, today's trading view is very clear. We still continue to short gold, and there is no problem in making 200-300pips of profit in the short term. Gold faces multiple key resistances above 2930. It is difficult to have enough momentum to break through the multiple key resistances above in the short term; and before the NFP market on Friday, both long and short sides are relatively cautious, and it is difficult to form a unilateral trend market. The overall market still fluctuates within the range. So I think shorting gold is still profitable. In terms of short-term trading, I have taken the 2930-2940 area as resistance and shorted gold below 2930. At present, gold has fallen back to below 2920. Our short position has made a good profit. What we need to do now is to wait patiently for gold to continue to fall back, so as to bring us more lucrative profits. Bros, did you follow me to short gold? Wise choices are far greater than hard work. Only by following the right people can we execute the right transactions and accumulate profits that change our lives and destiny. If you want to copy trading signals and make stable profits, or want to learn the correct trading logic and techniques in depth, you can consider joining the channel at the bottom of this article!
OANDA:XAUUSDShort
by Trader_Marvin