EUR/JPY - Bullish Rejection from Key Support📈 Trade Idea: Long EUR/JPY
Analysis:
Price aggressively rejected the downside with a long wick, indicating strong buyer interest at a key support level. This suggests a liquidity grab, where price swept lows before pushing back up. A potential bullish reversal could be in play, targeting the next resistance zone.
Trade Plan (Based on Chart Setup):
🔹 Entry: 156.991 (Rejection from support)
🔹 Stop Loss: 156.846 (Below recent low, invalidates bullish bias)
🔹 Take Profit: 157.281 (Fixed at 2R)
Risk/Reward:
✅ Stop Loss: ~15 pips
✅ Take Profit: ~30 pips
✅ Risk-Reward Ratio: 1:2
Why this trade?
✔️ Liquidity grab below previous lows
✔️ Strong bullish rejection at key demand zone
✔️ Potential reversal targeting previous resistance
📌 Looking for price to maintain above 156.50 to sustain bullish momentum.
Candlestick Analysis
GBP/JPY - Bullish Reversal from Key Support📈 Trade Idea: Long GBP/JPY
Analysis:
Price has rejected a key demand zone, showing a strong reaction off support. The long wick and bullish rejection indicate buyers stepping in. This aligns with a potential reversal trade, aiming for a retest of the previous supply zone.
Trade Plan (Based on Chart Setup):
🔹 Entry: 189.744 (Rejection from support)
🔹 Stop Loss: 189.422 (Below candle's body)
🔹 Take Profit: 190.388 (Fixed at 2R)
Risk/Reward:
✅ Stop Loss: 32pips
✅ Take Profit: 64 pips
✅ Risk-Reward Ratio: 1:2
Why this trade?
✔️ Strong bullish rejection from demand zone
✔️ Liquidity grab below lows before push-up
✔️ Targeting previous resistance/supply zone
📌 Looking for follow-through momentum toward the upside.
Datadog: S&P 500 Candidate?! Key Levels to Watch Now!Hi there,
When we talk about the most respected stocks in the market, getting added to the S&P 500 index is a big milestone for any company. It’s not just a status symbol—it’s an event that can push the stock price higher as funds and investors rush to buy it.
Datadog (DDOG) is one of the potential candidates , so let’s analyze what the price action is telling us.
Technical Breakdown:
Right now, Datadog stock is testing a key support level of around $130. This price level has acted as both resistance and support in the past, and in November last year, the stock broke above it. Now, it has come back to retest this level, possibly looking for a base before making its next move.
If $130 holds as support, and the company’s fundamentals remain strong, this could be a solid entry point for buyers.
A secondary support zone to watch is near $100, about 25% lower than the current price. This level has seen big price movements before, meaning there could be strong interest from traders and investors if the stock drops there.
As legendary investor Peter Lynch once said:
"If you sell instead of buying when a stock drops 25%, you won’t achieve long-term profits in stocks."
This idea is also the foundation of my approach – what to do when the price drops? Am I ready to buy more at lower prices? If the answer is something like “probably not,” “not sure,” etc., then it’s worth considering whether it’s even worth buying in the first place!
Plans for different types of investors:
Short-Term Investors: If you’re looking for a quick trade, you might want to wait for a dip to $100, where a stronger bounce could happen. Buying from current prices can be a bit risky considering short-term horizons.
Long-Term Investors: If you believe in Datadog’s continued growth, the $130 level might already be a good spot to start buying. But be ready to buy more if the price drops further.
Final Thoughts:
Datadog is a fast-growing company with strong fundamentals, but the stock also has a high valuation and faces competition. As always, do your own research and make sure your investment strategy fits your risk level and goals.
Cheers,
Vaido
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GOLD (XAUUSD): Breakout confirmedGold is currently in a strong bullish trend.
After establishing a new higher high and higher close on the 4-hour timeframe, the pair has entered a consolidation phase within a horizontal trading range.
I anticipated a bullish breakout above the range’s resistance level.
A 4-hour candle closing above 2943 would signal strong buying momentum, confirming a bullish continuation. The next target for buyers would be 2980.
GBPCAD: Comprehensive Trading Plan⚠️ GBPCAD Analysis
This week, GBPCAD broke a key structural resistance and closed above it.
Currently, the pair is consolidating within a tight horizontal range, retesting the broken structure on the 4-hour chart.
For confirmation of a bullish intraday trend, watch for a breakout above the range resistance.
A 4-hour candle closing above 1.7924 will validate the breakout, potentially leading to a bullish continuation toward 1.7967.
HI SCHLUMBERGER I love this company so much that I love it to go up...however the chart are looking pretty wacky
It's a bear market for this asset
Pull out or diversify your portfolio cause the next target is the $34 and $20 mark respectively
Hopefully the investors and economy turns it around swiftly
NZD/USD - Bullish Engulfing at Support for Long Entry📈 Trade Idea: Long NZD/USD
Analysis:
Price formed a bullish engulfing candle at the 0.5700 key support level, signaling strong buying pressure. This level previously acted as resistance and has now turned into support, confirming a potential continuation of the uptrend.
Trade Plan (Based on Chart Setup):
🔹 Entry: 0.5714 (bullish engulfing confirmation)
🔹 Stop Loss: 0.5694 (below structure, invalidates setup)
🔹 Take Profit: 0.5775 (next resistance zone)
Why this trade?
✔️ Bullish engulfing pattern at key support
✔️ Break-and-retest confirmation of previous resistance as support
✔️ Strong uptrend continuation setup
📌 Looking for price to stay above 0.5700 to maintain bullish bias.
GBPJPY ShortGBP/JPY - Support Turned Resistance Short Setup
📉 Trade Idea: Short GBP/JPY
Analysis:
The previous support level around 192.05 has now turned into resistance. Price attempted to break above but failed, indicating potential downside pressure. This aligns with a classic support-turned-resistance setup, where sellers step in after a retest.
Trade Plan:
🔹 Entry: Sell at 191.416 (At candle low)
🔹 Stop Loss: Above 191.900 (Body's High)
🔹 Take Profit: 190.448 (2RR)
Additional Confirmation:
🔹 Bearish rejection at resistance
🔹 Momentum shifting lower on lower timeframes
🔹 Potential continuation of the downtrend
NQ - Wednesday FrameworkLast week NQ ran out its external range high.
Tuesday ran out Monday (check 4h) high and low and closed bearish.
On the 4h and 1h, we have a cisd to the downside. Paired with ES smt at the highs (check 1h). Measure the manipulation leg on the 1h for STD extensions and targets align with daily fvg. This is giving me evidence of a possible short term retracement delivery cycle in price. We could see Wednesday offer a continuation lower.
What I would need to see to confirm shorts:
If Asia and London initially trade higher above new day and midnight opening price, then the intraday framework is setting up for a classic sell day. This is ideal for shorts. Either NY Continuation or NY Reversal daily profile is what I'm hunting. I need to see a 15m cisd. That would confirm the daily profile.
If Asia and London trade lower first, then conditions are not ideal for intraday framework I'm looking for and need to be cautious of shorts.
If Asia and London consolidate, then I will wait for the external range to be swept during NY session. A 15m cisd will confirm direction after sweep on liquidity and I will target opposing liquidity.
If 4h fvg is closed though, that confirms ifvg and shorts will no longer be consider.
Mother Line again resisting and Trendline supporting. Something got to give now in a big way as Mother line 50 Hours EMA of 1 hour chart is resisting the up move and trend line formed from the base of recent low is providing support to the Nifty. Few things can happen here which everyone can observe for Educational purpose:
1) If Trend line is broken Nifty will again try to seek support at 3 month or more cyclical points of 22802 or 22722. If 22722 is broken Nifty may find itself again searching for Bottom which can be temporarily near 22451.
2) Second thing that can happen is Nifty can just like last 2 days stay range bound and trapped between trend line supports and resistance in the range of 22722 to 23022 (Mother line of 50 hours EMA).
3) We might get a break out if we get a closing above 23022 (Mother line). In such a scenario the next resistance levels based on cyclical 3 month or older data seem to be near 23108, 23200 or 23283 (200 Hours EMA or the Father line). If we get a closing above Father line 23283 the next resistances can be 23494 or 23804.
This is what short term outlook of Nifty looks like.
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.
Short trade
Sellside Trade
Pair: EURUSD
Date: Monday, 17th February 2025
Time: 3:00 AM (NY Time)
Session: Tokyo to London Session AM
Trade Details:
Entry: 1.04734
Profit Level: 1.04092 (+0.61%)
Stop Level: 1.04987 (-0.24%)
Risk-Reward Ratio (RR): 2.54
Sellside trade is structured around a bearish market structure, liquidity grabs, and session timing,
Gold Bulls Are Insatiable—Is a Breakout Above 2940 Next?Yesterday, Gold continued its rebound from Friday’s sell-off. Although I expected a new leg down from my 2920-2925 sell zone, the price exceeded that level and retested the all-time high zone for the third time in just eight days.
This type of price action—strong reversals after a sell-off—could indicate that bulls are not done yet, making a breakout above 2940 likely.
At this point, I’ve cut my losses and exited the market, waiting to see if the price confirms the potential for a new all-time high this week.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Long trade
Buyside Trade
Date: Tuesday, 18th February 2025
Time: 6:05 AM (NY Time)
Session: Tokyo Session PM
Timeframe: 5-Minute (Entry TF)
Trade Details:
Entry: 2661.05
Profit Level: 2719.46 (+2.19%)
Stop Level: 2648.24 (-0.48%)
Risk-Reward Ratio (RR): 4.56
Reason: Buyside trade is based on short-term bullish structure, liquidity sweeps, and demand zone confirmation
Candle Momentum Exhaustion🚀 Candle Momentum Exhaustion Indicator – Spotting Market Reversals Like a Pro!
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📊 Key Features & Observations:
✅ Precision Exhaustion Signals – Captures exhaustion points before reversals, helping traders make informed entries & exits.
✅ Works Across Market Conditions – Whether in a strong trend or sideways movement, it adapts dynamically.
✅ Volume Confirmation – Signals align well with increasing/decreasing volume, adding credibility.
✅ Enhanced Visuals – The black-filled exhaustion candles make it easier to spot momentum weakness at a glance!
🔍 How It’s Performing in Nifty 50:
📌 Recent market structure shows consistent accuracy, with exhaustion points appearing at peaks & dips before trend shifts.
📌 Strong signal clusters near resistance zones indicate potential profit booking areas for traders.
📌 Support areas see exhaustion candles aligning with buying interest, helping catch potential reversals early.
🚀 Conclusion:
This indicator is proving to be an essential tool for traders looking to catch momentum exhaustion before price reverses. With strong visual cues and volume correlation, it’s a game-changer for intraday and swing trading!
💬 How are you using the Candle Momentum Exhaustion Indicator? Drop your feedback below! 👇
GBPCAD: Your Detailed Trading PlanTake a look at ⚠️GBPCAD
This week, the pair broke an important structure resistance and closed above it.
Currently, the price is consolidating within a tight horizontal range and retesting the broken structure on the 4-hour chart.
To confirm a bullish trend for intraday buying, look for a breakout above the resistance of the range.
A 4-hour candle closing above 1.7924 will confirm this breach.
If this occurs, a bullish continuation towards 1.7967 levels can be expected.
GOLD (XAUUSD): Waiting For ConfirmationGold is currently trading in a strong bullish trend.
After setting a new higher high higher close on a 4H time frame, the pair started to consolidate within a horizontal trading range.
I am anticipating a bullish breakout above the resistance level of the range.
A 4-hour candle closing above 2943 will indicate the buyers' strength, confirming a bullish continuation.
The next target for buyers will be 2980.
NZD/USD - 1H Analysis & Prediction📉 NZD/USD - 1H Analysis & Prediction
🔹 Key Levels & Market Structure:
✅ 0.5754 - 0.57588: First supply zone, potential rejection.
✅ 0.57817 - 0.57937: Major resistance, watch for liquidity grab.
✅ 0.5706 - 0.5708: Key support, possible bullish reaction.
✅ 0.56713: Critical downside target if supply zones hold.
🚀 Bearish Scenario:
🔹 If price rejects 0.5754 - 0.57588, a drop toward 0.5706 - 0.5708 is likely.
🔹 A deeper rejection from 0.57817 - 0.57937 could accelerate the downside move.
💡 Trading Plan:
✅ Look for bearish confirmations near resistance for short entries.
✅ Watch Fibonacci retracement zones for potential reversals.
✅ Break below 0.5706 confirms strong downside momentum.
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