US10Y - End of February Analysis- February bearish monthly bias has been achieved this month!
- Sellside liquidity rests below 4.126%
- The possibility still exists for a short-term bullish retracement filling part of the imbalance this months candle created.
- Looking out for a retracement then capitulation through Sellside liquidity @ 4.126%
- Fair value gap lays close @ 3.932% – 4.170% so I will be paying close attention to it.
Candlestick Analysis
CHF/JPY Market Analysis – Potential Bearish Move Ahead? 🔹 Current Market Structure:
The CHF/JPY pair is currently trading within an indecisive area, facing key levels that will determine its next move. The price recently tested a strong resistance zone and is now showing signs of weakness.
🔹 Key Observations:
1️⃣ Indecisive Area – Price is consolidating within a small range. A breakout will provide confirmation of direction.
2️⃣ Needed Volume Zone – This area needs strong momentum to continue further downward movement. If the price fails to sustain below this level, we might see a short-term pullback.
3️⃣ Reversal Area – If price continues its descent, this zone could act as a potential support and trigger a reversal.
🔹 Trade Outlook:
📌 A candle close below the indecisive area will strengthen bearish momentum, increasing the probability of price reaching the needed volume zone and eventually the reversal area.
📌 However, a strong bullish rejection from the current level could lead to a pullback towards the previous resistance zone.
⚠️ Stay patient and wait for confirmation before entering a trade!
What are your thoughts on this setup? Let me know in the comments! 💬👇
#Forex #CHFJPY #Trading #TechnicalAnalysis #PriceAction
Nifty trying to stage a comeback but big resistances approachingNifty is in the process of staging a grand come back. Toda it closed with heft gain of 1.15% and 254 points. However there is an important trend line resistance including the supply zone between 22394 and 22455. If we get a closing above 22455 by the end of this week we can assume it will be a come back otherwise this bounce can be termed only as a technical bounce from the oversold zone. Once we get a closing above 22455 the next resistances will be at 22692 and 22981. Post this there will be Mother line, Major trend line and Father line resistance which can be seen in the chart at 23163, 23411 and finally 23477. It is a long way to go before we reach there. Bulls can claim a dominating position only after a closing above 23477. Supports for Nifty remain at 22183, 21954 and 21576 currently. All eyes on the closing we get this weekend. Positive or positive to flat closing required in the next 2 days for bull run to gather proper steam. 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.
Gold resistance at 2922Gold is fighting with the 4H resistance at 2922, which also marks the neckline of its head and shoulder pattern. Best entry will be for it to close above 2522, retest that level again. That will open the doors for the 2525/26 area and possibly higher for today. Conversely, if gold starts breaking below the 2,890 level then it should open door for more downside.
Gold daily updateAfter yesterday's bullish move during the London session, we saw some some predictable profit taking during the New York session. The move is still towards the upside though.
The Asian session today is hovering around (and starting to break below) yesterday's hourly trendline, which indicates that a retest to the 2,890 area is on the cards. This will take the price towards the top (or the base if you look at it upside-down) of a reverse head and shoulder pattern.
If we see price make a support around that area, then gold is poised for another move up to retest the 2,920 area. However, if price fails to make a support at 2,890 and breaks further down then we could see some more movement downwards towards the 2,860 region.
GBP/AUD: Topping Signals Flash After Relentless RallyThe bearish pin candle on the GBP/AUD daily chart on Tuesday is a warning sign for bulls after a more than seven big-figure rally in less than a fortnight. RSI (14) is flashing extreme overbought conditions, sitting at levels that have marked major market tops in the past.
Fundamentally, the move stacks up—improved Eurozone optimism from increased military spending and weaker energy prices is a tailwind for the U.K., while ongoing U.S.-China tariff skirmishes weigh on the AUD, overshadowing early signs of an Australian economic recovery.
But that’s all baked in now, leaving GBP/AUD vulnerable to downside without fresh catalysts to push the narrative further.
If the pair nears Tuesday’s high, it could offer an entry point for those looking to fade the move. Stops could be placed above that level, targeting an initial pullback to 2.0300—the December 2024 high. From there, traders can reassess whether to aim for 2.0150 or square the trade.
Good luck!
DS
GBP JPY, BUYERS ON THE MOVE, Bullish candle breakthroughs the resistance supporting with a body displacement, I can anticipate that the price make turn and go bullish, as buyers making their move supporting pound and sellers dumping yen,
Confirmation after seeking Internal liquidity (PD ARRAYS) for reversal after hitting external liquidity or buy side liquidity
SOL/USDT 2H Chart🔹 Asset: Solana (SOL/USDT Perpetual Futures)
🔹 Timeframe: 2-Hour
🔹 Exchange: MEXC
📊 Market Overview:
Solana has bounced from a key support zone after a strong breakdown, signaling a potential shift in momentum. The structure has confirmed a Break of Structure (BOS), which may lead to further upside movement before facing resistance.
📈 Key Technical Insights:
✅ Support Holding: The price has reacted well to the $130 - $135 support zone, leading to a bounce.
✅ Mini Reversal Area ($150 - $155): This zone could act as a minor resistance before a deeper retracement.
✅ Main Reversal Area ($165 - $175): A significant supply zone where selling pressure may increase.
📌 Trading Plan:
🔹 Bullish Scenario: If SOL holds above the support zone and breaks past the Mini Reversal Area ($150 - $155) with volume, a further move toward the Main Reversal Area ($165 - $175) is likely.
🔹 Bearish Scenario: If SOL struggles to break past $150 - $155, a retest of the support zone ($130 - $135) could happen.
🔹 Risk Management: Watch for rejection wicks or bearish divergence before entering short positions.
📢 Final Thoughts:
📌 A strong move above $155 could trigger further upside momentum.
📌 Traders should watch price action closely at the marked reversal areas.
📌 Be patient, wait for confirmation, and manage risk accordingly!
⚡ Trade smart and stay ahead of the market! 🚀
BTC/USDT 15M Chart🔹 Asset: Bitcoin (BTC/USDT Perpetual Contract)
🔹 Timeframe: 15-Minutes
🔹 Exchange: Binance
📊 Market Overview:
Bitcoin has shown a strong bullish impulse after breaking key structure levels, confirming a shift in momentum. However, the price is now approaching a high-probability reversal area, where a reaction is expected.
📈 Key Technical Insights:
✅ Major CHoCH (Change of Character) confirmed, marking a potential trend shift.
✅ Mini CHoCH holding as local support, maintaining short-term bullish momentum.
✅ Reversal Area (Above $90,000): This zone represents previous liquidity zones where sellers could step in, leading to a correction.
📌 Trading Plan:
🔹 Long Entry Confirmation: If price retests the Mini CHoCH ($88,000) and shows bullish rejection, another leg up is possible.
🔹 Short Reversal Setup: If price reaches the Reversal Area ($90,000 - $91,000) and forms bearish confirmation patterns (e.g., engulfing, wicks, or volume divergence), a short trade targeting $87,000-$86,000 would be ideal.
🔹 Risk Management: Wait for confirmation before entering trades—false breakouts are possible.
📢 Final Thoughts:
📌 Breakout traders should be cautious of liquidity grabs.
📌 Reversal traders should look for bearish confirmation in the highlighted area.
📌 Price action confirmation is key before taking any position.
⚡ Stay sharp, manage risk, and trade smart! 🚀
Gold resuming it's usual bullish narrativeAs we always say, after a bullish daily close, we will remain bullish until a bearish daily close. With that being said, there was def a short opportunity today after reaching our buyside goal.
We will continue to track the development here and keep you on point with expectations.
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AUDCAD SHORTMarket structure bearish on HTFs DH
Entry at Weekly and Daily AOi
Weekly Rejection at AOi
Weekly EMA retest
Daily rejection at AOi
Previous Daily Structure point
Around Psychological Level 0.90500
H4 EMA retest
H4 Candlestick rejection
Rejection from Previous structure
Levels 4.91
Entry 110%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King.
EURGPB Wave Analysis – 4 March 2025
- EURGPB reversed from support area
- Likely to rise to resistance level 0.8300
EURGPB currency pair recently reversed from the support area set between the multi-month support level 0.8235 (which created the Double Bottom in December) and the lower daily Bollinger Band.
The upward reversal from this support zone created the daily Japanese candlesticks reversal pattern Doji which signalled the strength of this support area.
Given the strength of the support level 0.8235 and the strongly bullish euro sentiment seen today, EURGPB can be expected to rise to the next resistance level 0.8300 (top of the previous correction ii).
NZDJPY Wave Analysis – 4 March 2025
- NZDJPY reversed from long-term support level 83.15
- Likely to rise to resistance level 85.00
NZDJPY currency pair today reversed up exactly from the long-term support level 83.15 (which stopped the sharp downtrend at the start of August of 2024 as can be seen below), standing near the lower daily Bollinger Band.
The upward reversal from this support zone will form the daily Japanese candlesticks reversal pattern Hammer – if the pair closes today near the current levels.
Given the proximity of the strong support level 83.15 and the oversold daily Stochastic, NZDJPY currency pair can be expected to rise to the next resistance level 85.00, former support from the start of February.
USDCHF SHORTMarket structure Bearish on HTFs DH
Entry at Daily AOi
Weekly rejection at AOi
Daily Rejection at AOi
Daily EMA retest
Previous Daily Structure point
Round Psych Level 0.90000
H4 EMA retest
H4 Candlestick rejection
Rejection from Previous structure
Levels 4.83
Entry 95%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King.
GBPUSD BUTGBPUSD in an uptrend on a higher timeframe.
Entered a BUY earlier with 1:3RR on a pullback, there was a Pin Bar candle rejected at 0.5 Fib Level.
My SL right now just right below the Strong Bullish Candle. (about 1/2 of my initial risk)
For those who are already in a BUY position and looking for a Take Profit level... around 1.277 seems like a good area. It also aligns with 1.272 Fib level.
Manage your trade well and Best of LUCK!
Sorry, wasn't able to published at the entry point...
Gold back to it's normal bullish programAs we always say, after a bullish daily close, we will remain bullish until a bearish daily close. With that being said, there was def a short opportunity today after reaching our buyside goal.
We will continue to track the development here and keep you on point with expectations.
Subscribe & Share this with a friend!
EURAUD LONG Market structure bullish on hTFs
Entry at Both Weekly and Daily AOi
Weekly Rejection at AOi
Daily Rejection at AOi
Daily EMA retest
Previous Daily Structure point
Around Psychological Level 1.65500
H4 Candlestick rejection
Levels 7.41
Entry 90%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King
NAS & Indices are continuing to meltAll the indices are still seeking correction of inefficiencies existing in the sellside. There isn't much else to be said of this current situation until we start receiving bullish closes on higher time frame 4H/Daily.
Be sure to share this with a friend. I assure you this is trustworthy information and levels 🫡
NZD/USD Sell Setup – Cup & Handle Pattern Confirmed**📉 NZD/USD Sell Setup – Cup & Handle Pattern Confirmed! 🚀**
NZD/USD is showing a **Cup & Handle pattern**, with **EMA50 confirming a strong sell signal**. This setup suggests potential downside movement.
### **🔹 Trade Details:**
✅ **Sell Entry:** **0.56050**
✅ **Stop Loss:** **0.56650** (60 pips above entry)
### **📊 Take Profit Levels:**
- **TP1:** **0.55650** (40 pips down)
- **TP2:** **0.55250** (80 pips down)
- **TP3:** **0.54850** (120 pips down – final target)
### **📌 Trade Strategy:**
- **EMA50 confirms the bearish trend** – strong sell confirmation.
- **Proper risk management is key** – use stop loss to protect capital.
- **Monitor price action** – if momentum stays strong, TP2 and TP3 could be reached.
🚨 **Trade Setup is Active! Follow your risk management plan and execute wisely!** 📉🔥