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Candlestick Analysis

How to Use Engulfing Candles in TradingViewEngulfing patterns are among the most powerful candlestick formations because they signal strong momentum shifts and can help you spot dramatic trend reversal opportunities. What You'll Learn: • How to identify valid engulfing formations where one candle completely covers another's body • The two types: bullish engulfing (green candle engulfs red) and bearish engulfing (red candle engulfs green) • Psychology behind engulfing patterns: when one side completely overwhelms the other • Using volume analysis to confirm engulfing pattern validity • Finding meaningful engulfing patterns at trend highs and lows for reversal setups • Timeframe considerations for engulfing analysis on any chart period • Step-by-step trading strategy for engulfing reversal setups • Setting proper stop losses above engulfing candle highs • Determining profit targets below engulfing candle lows • Managing wide-range drawdowns common with strong momentum shifts • Advanced entry technique: waiting for retracements to improve risk-reward ratios This tutorial may help futures traders and technical analysts who want to use powerful candlestick patterns to identify significant momentum changes. The strategies covered could assist you in creating effective reversal setups when strong buying or selling pressure appears at key price levels. Learn more about futures trading with Tradingview: optimusfutures.com Disclaimer: There is a substantial risk of loss in futures trading. Past performance is not indicative of future results. Please trade only with risk capital. We are not responsible for any third-party links, comments, or content shared on TradingView. Any opinions, links, or messages posted by users on TradingView do not represent our views or recommendations. Please exercise your own judgment and due diligence when engaging with any external content or user commentary. This video represents the opinion of Optimus Futures and is intended for educational purposes only. Chart interpretations are presented solely to illustrate objective technical concepts and should not be viewed as predictive of future market behavior. In our opinion, charts are analytical tools—not forecasting instruments. Market conditions are constantly evolving, and all trading decisions should be made independently, with careful consideration of individual risk tolerance and financial objectives.
CME_MINI:NQ1!Education
by OptimusFutures
1
Nifty Analysis EOD – August 2, 2025 – Friday🟢 Nifty Analysis EOD – August 2, 2025 – Friday 🔴 Trapped at the Top, Slammed at the Close – Bulls Burnt Out! 🗓️ Nifty Summary With the continuation of yesterday's hidden weakness, today's session gave early hope but ended with a bearish surprise. Nifty opened near the key support zone of 24,735 ~ 24,725, hovered indecisively, then suddenly rallied to 24,780, trapping bulls just under resistance. But the trap was set. A sharp reversal followed as Nifty broke not just the day’s low, but also the previous day’s support zone of 24,660 ~ 24,675, pulling the index lower into the 24,565.35 close — the second lowest close since May 12. A fierce 2–3 hour tug-of-war between bulls and bears took place in a tight 40–50 point range until 2:50 PM, when bulls gave up—leading to a 100+ point fall in the last half-hour. shocked many traders, especially those fatigued from the earlier choppy action. Much like yesterday, both sides of the trade were available today. Did you catch them? Zoom Out View : Today’s close is just 23 points above the June 3 close, wiping out nearly 59 sessions (81 days) of gain. Will the zone of 24460 ~ 24542 provide support again, or are we headed for a retest of the 24000 ~ 23800 and 23200 ~ 22800 (Pattern Target and Virgin) range? Yes, you read correctly 23200 ~ 22800…! Not so soon…but eventually…! wish you tell me crazy and hope I am wrong…! 📈 5 Min Time Frame Chart with Intraday Levels 📉 Daily Time Frame Chart with Intraday Levels 🕯️ Daily Candle Breakdown Open: 24,734.90 High: 24,784.15 Low: 24,535.05 Close: 24,565.35 Change: −203.00 (−0.82%) Candle Structure 🔴 Large bearish body (169.55 pts) ☁️ Moderate upper wick (49.25 pts) ⬇️ Short lower wick (30.30 pts) Interpretation Opened lower, climbed early but failed at 24,780+. Selling dominated the rest of the session, closing near lows. Moderate upper wick shows early bullish attempt was rejected. Candle Type Bearish Marubozu-like – clear seller dominance. Key Insight Sellers defended 24,780–24,800 zone. Closing near 24,560 keeps the short-term bias bearish. Next support: 24,500, 24,470 ~ 24460 ⚠️ Bulls must reclaim 24,735+ on closing basis to neutralize sentiment. 🛡 5 Min Intraday Chart ⚔️ Gladiator Strategy Update ATR: 212.37 IB Range: 87.55 → Medium Market Structure: Balanced Trades Triggered 🕙 10:05 AM – Long Entry → 🎯 Target Hit (R:R – 1:1) 🕚 11:09 AM – Short Entry → 🎯 Target Hit (R:R – 1:2) 🔍 Trade Summary Both sides were offered—clean hit on long and solid breakdown on short. A Gladiator’s delight. 📊 Support & Resistance Levels 🔼 Resistance Zones 24620 24660 ~ 24675 24725 ~ 24735 24780 ~ 24795 24860 ~ 24880 🔽 Support Zones 24,542 ~ 24,535 24,500 24,470 ~ 24,460 24,380 💬 Final Thoughts "Traps are laid where confidence is highest. Stay alert, stay flexible." A textbook day where patience paid off — those who didn’t force trades were rewarded with clean moves in both directions. ✏️ Disclaimer This is just my personal viewpoint. Always consult your financial advisor before taking any action.
NSE:NIFTY
by kzatakia
Long Term Nifty Analysis.(With Economic Commentary). We saw phenomenal resistance by Indian markets today after the Tariff announcements. Nifty bounced back and at one point was 330 points above low of the day. However there was Profit booking and selling on bounce due to prevailing Tariff uncertainties and Nifty came of the peak to close at 24768. Even after losing a lot of ground which it gained it ended up 133 points from the low of the day. Nifty ended the day in the negative losing 87.6 points from yesterday's close. This was much better than estimation of many experts. We might not be out of the woods yet but nevertheless fight back was phenomenal. Now coming to Tariffs. I am not an expert in economy but let us assume the worst case scenario that trade negotiations fail and this is the tariff stays at 25% + Penalty. Again assuming that we loose 50% of our exports to US due to this decision. Say tariff would apply to 50b worth goods exported by us to USA and we 25b worth business. The impact on GDP will be as under. GDP Impact = 25b/3.7T= 0.0067 = 0.67% of our GDP will be shaved off..(Rough Estimate). So say our is say 6.5. Then we continue to grow at 5.9 or 5.8. (Again I am not an expert and this estimate is based on a lot of assumption). This loss of GDP can be covered by increasing local consumption or exploring other market. Enhancing ties with markets outside USA. Thus it is not something which is going to kill Indian markets. We survived 1991, We survived Covid, We survived, Ukraine - Russia war, Israel-Iran conflict, Operation Sindoor Lows so we will survive this too and continue thriving. India is destined to become 3rd Largest Economy and unless there are local / internal political mishaps or mess-ups our growth will continue. Fibonacci retracement of Nifty ant trend line analysis suggests few important support and resistance levels. The Horizontal line in the chart here suggests the cut off date. The chart suggests that: Important Supports for Nifty remain at: 24406 (Mid Trend Support), 23903 (Important Fibonacci Support), 23345 (Important Candle support), (Below 23345 Nifty becomes very week and we will be in Bear grip where bears can drag Nifty down to 22737 or even 21742 in unlikely circumstances). Important Resistance Levels: 25233 (Important Fibonacci resistance), 25792 (Important Candle resistance), 26277 (Previous All Time high), In the long term we might reach 27666 or even 29540 in close to 24 months time. Conclusion: Scenario 1) Indian Growth story continues and business thrive the optimistic range for Nifty by June 2027 seems to be the range between 26277 to 29540 or above. Scenario 2) Indian economy faces changes and internal / external issues hamper progress the pessimistic range for Nifty by June 2027 seems to be anywhere between 23090 to 26277. Scenario 3) Local or Global catastrophic events unfurl. Global and Indian economy takes a hit (Long drawn wars or local political leadership changes, Covid like events etc.) during this time frame 23090 to 21743 or below..(This does not seem likely but you never say never). 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:NIFTY
by Happy_Candles_Investment
NFP data is positive, the bullish trend remains unchanged#XAUUSD The current market, influenced by data such as NFP, remains bullish, even briefly pushing towards the 4H upper limit of 3350, reaching a high near 3354.📈 In the short term, gold still has upward momentum and could even reach the previous high resistance level near 3375.🐂 Currently, gold is undergoing a technical correction and needs to begin a pullback to accumulate more bullish momentum, giving traders who previously missed the opportunity to get on board.🚀 As resistance continues to rise, support below will also rise. 📊If gold retreats below 3335-3315, consider going long.📈 🚀 SELL 3335-3315 🚀 TP 3350-3375
OANDA:XAUUSDLong
by Halson_Winston
XRP Critical Levels to Play This MonthHello I am the Cafe Trader. This weekend we are shifting focus into the crypto market for a quick overview. If you read my last XRP article, we nailed the bottom for longs, and the sellers for a great positional play. This time we are going to analyze the current failed breakout. Are Bulls Trapped? Does this still have room to leg up? Point 1 We can start with the trend break. Massive buyers pushed this move higher, giving XRP a relatively quick All time high, But July 23rd shorts were able to shove this back inside of the previous high. This signifies that there are bulls trapped, but the interesting thing to note is that the volume has reduced significantly since the last two ATH's. So this also would indicate a lack of buying interest at the highs. Buyers are just not willing to to get involved with the same conviction as before (yet). No buyers, no continuation (even if there is not many sellers/profit takers). Point 2 Strong buyers proved their interest with a "hot" reaction at $2.95. With no "real" seller coming into this market yet, there is nothing stopping this continuation from legging up (so far). Therefore I stand bullish, and am looking for a move up to $4.64 as a Target. Point 3 Buying into this can feel tricky, your first entry for a classic two bar trend break would've been at the top of demand. I do think we will get another opportunity here, I definitely would not chase this, because it could play this range for a while before another leg up. Setup Trend break continuation. Entry 3.13 Stop 2.65 Exit TP 4.64 Risk to Reward 3.1 If there is a close below these strong buyers, this could com all the way back down to 2.15-2.3 at least. The reason for the wider stop here is because we don't want to get swept and then ran. A more conservative stop could be $2.85 which would be a 6R trade. Take your pick Long Term If you are late to the party on XRP (I know many are) here are some entries according to your sentiment: Almost FOMO = 3.13 Aggressive = 2.95 Good price = 2.15-2.3 Steal = 1.60 - 1.93 That's all for XRP. We are going to be looking at Ethereum ETH Next. Thanks for reading and happy trading! @thecafetrader
COINBASE:XRPUSDLong
by thecafetrader
15
How to maintain stable operations before NFP dataYesterday, gold closed the month with a long upper shadow doji candlestick, indicating strong upward pressure, with monthly resistance at 3439-3451. Today marks the beginning of the month, and with the release of numerous data indicators such as NFP, unemployment benefits, and PMI, there is considerable uncertainty, so intraday trading should proceed with caution. Judging from the daily chart, the current MACD indicator is dead cross with large volume, and the smart indicator is running oversold, indicating a low-level fluctuation trend during the day. At present, we need to pay attention to the SMA60 moving average and the daily middle track corresponding to 3327-3337 on the upper side, and pay attention to the intraday low around 3280 on the lower side. The lows of the previous two days at 3275-3268 cannot be ignored. There is a possibility that the low-level oscillation will touch the previous low again. From the 4H chart, technical indicators are currently flat, with no significant short-term fluctuations expected. Low-level volatility is expected to persist within the day. Then just focus on the support near 3275 below and the middle track pressure near 3307 above. Looking at the hourly chart, gold is currently oscillating below the mid-range band, with resistance at 3295-3307 to watch in the short term. Overall, the market is expected to remain volatile before the release of today's data. Based on Wednesday's ADP data, this round of data is also expected to be around $100,000. The contrast between ADP and NFP last time deserves our caution. The current market is basically optimistic about the short-selling situation, which is exactly what I am most worried about. If the gold price can stabilize above 3,300 before the NY data, the possibility of NFP data being bullish cannot be ruled out. Intraday European trading suggestion: if the current gold price falls back to 3285-3280 and stabilizes, you can consider short-term long positions, with the target at 3295-3305. If the gold price tests the low of 3275-3268 again and does not break through, you can consider a second chance to go long. After making a profit of $10-20, you can consider exiting the market with profits. The market is volatile and unstable, so be sure to bring SL with you and pay close attention to the impact of the NFP data. Conservative investors can enter the market after the data is released.
OANDA:XAUUSDLong
by HuntingWolves
The rebound is weak, short orders intervene#XAUUSD After two consecutive trading days of volatility, gold finally began to fall under pressure near 3335. After breaking through the 3300 mark, the price of gold accelerated its decline, reaching a low of around 3268, and yesterday's daily line closed with a large negative line. 📊 Today's rebound is more likely to be based on the buffering performance of the impact of news. The ATR data also shows that the bullish momentum is slowly weakening in the short term. 🐻After digesting the impact of yesterday's news through rebound during the day, it may fall again in the future.📉 📎The primary focus today is 3305 above, which was also the high point of yesterday's pullback correction. If the gold price rebounds to 3305-3320 and encounters resistance and pressure,📉 you can consider shorting and look towards 3290-3270.🎯 If the short-term gold rebound momentum is strong and breaks through the 3305-3320 resistance area, it will be necessary to stop loss in time. Gold may be expected to touch yesterday's high resistance of 3330-3335, which is the second point to consider shorting during the day.💡 🚀 SELL 3305-3320 🚀 TP 3290-3270
OANDA:XAUUSDShort
by Halson_Winston
2
GBPUSD Technical BreakdownTrendline Breakout: Price has decisively broken above a short-term descending trendline, signaling a potential shift in intraday momentum from bearish to bullish. Support Zone (1.3185 – 1.3195): This demand area has provided a strong base, with multiple successful rejections confirming buyer interest. Resistance Levels: Near-term resistance: 1.3213 (minor breakout level – watch for retest) Key upside targets: 1.3240 followed by the major supply zone at 1.3275 – 1.3290 📈 Trade Outlook: Bias: Bullish above 1.3213 Entry Idea: Look for bullish confirmation on a retest of 1.3213 as support Targets: TP1: 1.3240 TP2: 1.3275 – 1.3290 Invalidation: A sustained move below 1.3185 would invalidate the setup and reopen downside risk.
Long
by SaklainManzoor
XAU/USD 01 August 2025 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bullish. You will note that price has targeted weak internal high on three separate occasions which has now formed a triple top, this is a bearish reversal pattern and proving this zone is a strong supply level. This is in-line with HTF bearish pullback phase. Remainder of 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. H4 Timeframe - Price has failed to target weak internal high, therefore, it would not be unrealistic if price printed a bearish iBOS. The remainder of my analysis shall remain the same as analysis dated 13 June 2025, apart from target price. 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 3,451.375. 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
Correction Ahead? SP500 Prints Reversal Signal at Key Resistance📘 This market moves like a textbook chart SP500 is acting like a perfect case study from a trading manual. Back in early April, the index dipped just below 5,000, right into a confluence support zone ( I had spoken about this at the time ) – formed by the long-term ascending trendline and the 2022 all-time high. Just like other U.S. indices, the market reversed aggressively from that area. 🚀 A 30% rally in 4 months From that low, SP500 rallied around 30% in just four months. An incredible move that brought the index straight to the upper boundary of the yearly rising channel. 🕯️ Bearish signal at the top And just like in NAS100’s case , the index printed a strong Bearish Engulfing candle exactly at that resistance level. This kind of signal, after such a rise, shouldn’t be ignored. 📉 A correction is not only probable – it’s needed A pullback from here is not just likely, but in my opinion, healthy and necessary . Short-term speculators could look for a move toward the 6,150 zone, which would already offer decent room for profit. 🔍 What if it goes deeper? I wouldn’t be surprised to see a correction down to 5,750–5,800. That’s about a 10% decline, which wouldn't even classify as a bear market, just a normal reset after a euphoric rally. 🧠 Perspective matters In a market that gained 30% in four months, a 10% correction is not a crash — it’s discipline being restored. Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
TRADENATION:US500Short
by Mihai_Iacob
10
Top in Place? NASDAQ100 Signals Exhaustion After Incredible Run📈 The crazy run since April NASDAQ100 has had a spectacular run since early April, when the index dipped to 16,300 amid rising tensions caused by Trump’s tax war. From that low, we’ve seen a mind-blowing rally of over 7,000 points, which translates to a 40% gain in just 4 months. Such a rise is not just impressive— it’s overextended , especially by historical standards. Markets don’t move in straight lines forever, and this one might be showing signs of fatigue. 🕯️ Bearish signal at the top Fast forward to this week: yesterday, the index marked a new all-time high at 23,700, but closed the day with a strong bearish engulfing candle — one that wipes out the gains of the previous 4 trading sessions. This is not a small technical detail. Such candles, when appearing after an extended rally, often signal exhaustion and a potential shift in momentum. ❗ Top in place? In my opinion, there's a high probability that a top has been set, at least temporarily. We might be looking at the beginning of a healthy correction, or even something more meaningful, depending on follow-through in the next sessions. 📉 Where to next? The first major support to watch is the 22,200 level. I expect that zone to be tested soon — and honestly, considering how much the index has gone up, this shouldn’t surprise anyone. It’s nothing more than a minor pullback, all things considered. 🧠 Stay smart! When markets go vertical, it pays to stay disciplined and realistic. Tops rarely announce themselves, but when signals like this appear, it’s wise to listen. Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
TRADENATION:USTECShort
by Mihai_Iacob
1
META Double Top? Think Again. Hello, my name is The Cafe Trader. As part of our MAG 7 Series, we tackle META next on the list. This article is for: – Long-Term Investors – Long-Term Hedges – Swing Traders – Options Traders ⸻ Brief Notes: 1. Meta is going all-in on AI, integrating it across all platforms (Instagram, Facebook, WhatsApp…). 2. 97% of Meta’s revenue still comes from ads. They’ve rebounded strongly from Apple’s policy changes—thanks in large part to AI targeting. 3. Meta is thinking long-term with AR/VR. 4. International user growth has exploded. Conclusion: Bullish winds continue to blow behind META. ⸻ Long-Term Levels • Aggressive Buy = $701.59 → Marked as “Top of Demand.” This is where aggressive buyers are looking to add. • Good Value = $626–$635 → Marked “Bottom of Demand.” • STEAL = $496–$501 → Marked “Extreme Demand.” Why not buy at the ‘Heavy Demand Zone’? Great question. If bears take out those buyers above this zone, it suggests something major has shifted in sentiment around META. Even though there’s heavy demand here, I’d want to observe how sellers approach the area. You’ll likely get multiple chances to enter if buyers defend it. But if it breaks down, the best pricing lies at “Extreme Demand.” For long-term holders looking to hedge downside, I suggest a Bear Put Spread or outright puts. More on this under the Red Scenario Options. ⸻ For Traders Let me be real—this chart is tricky. The V-shaped recovery signals strong bullish interest. That insane rally took out a major seller, further fueling the bulls. That said, how we pulled away from the previous ATH (all-time high) shows weakness—low buying interest, followed by a real seller stepping in. So yeah, I’m mixed on sentiment. But I’m confident in identifying liquidity and managing exits fast. ⸻ Two Scenarios ✅ Green Scenario – Stock: The bounce off “Top of Demand” is a strong bullish signal. Bears will be under pressure around $729, though I expect one more rejection before we break through. I liked the original entry at “Top of Demand.” If entering again, I’d wait for a crack below that zone and watch the close—if we recover and close above it (especially if the dip was deep), that’s a strong signal to re-enter. Target: take partial or full profits around $729. Hold the rest for highs or a breakout. – Options: If you can grab the 715 Calls with 3–5 days out for under $4.50, this setup could easily hit 2–3R. Even better if you can get closer-to-the-money contracts for cheaper. ⸻ ❌ Red Scenario – Stock: I believe this “new seller” is a fabricated seller—likely to get squeezed. But if no new buying interest shows up to challenge that seller, we could see pressure on “Top of Demand” and a legit correction, maybe even a broader consolidation range. Next few days will reveal the strength of buyers. If no aggressive buying steps in, I like the short setup, targeting “Bottom of Demand” for TP. – Options: Long-Term Holders: Use 2–3% of your META share value on a Bear Put Spread or put options. If using puts, get 2–3 weeks of time. Go as close to the money as your risk allows. Active Traders: This could move fast if it plays out. If you can grab a 710 Put with 3–5 days for under $1.00, hold until a big red candle (3–5%) forms. If it keeps dragging down, roll into a new contract the following week. ⸻ Follow for more analysis and updates — and as always, Happy Trading. 📲 @thecafetrader
NASDAQ:META
by thecafetrader
Three White Soldiers & Three Black CrowsHello, Traders! 😎 In technical analysis, not all candlestick patterns are created equal. While some merely hint at indecision or short-term corrections, others shout with conviction: "Trend reversal is coming…" Two of the most powerful momentum candlestick formations are the Three White Soldiers and the Three Black Crows. When they appear, traders PAY ATTENTION. In this article, we’ll dive deep into: What do these patterns look like? Why do they form? What do they tell us about market psychology? How to trade them?+ Their limitations 👇🏻 What Are Three White Soldiers and Three Black Crows? These Are Multi-Candle Reversal Patterns That Suggest A Strong Shift In Market Sentiment: Three White Soldiers. A 🐂bullish reversal pattern that occurs after a downtrend. It consists of three consecutive long-bodied green (or white) candles, each closing higher than the last, and ideally opening within the previous candle’s real body. Three Black Crows. A 🐻bearish reversal pattern that shows up after an uptrend. It’s made of three consecutive long-bodied red (or black) candles, each closing lower than the last and opening within the previous candle’s real body. They signal not just a change in price, but a shift in power, from sellers to buyers (or vice versa). Candles With a Message Unlike most one-candle signals or minor patterns, these sequences tell a real story. They show that one side has taken clear control over the market — not for an hour, not for a single day, but for multiple sessions. And that kind of shift, especially on higher timeframes like daily or weekly charts, is something seasoned traders pay close attention to. Let’s get into the psychology for a second. Imagine you’re a trader who just watched BTC drop for two weeks. Then out of nowhere, three strong green candles appear, each more bullish than the last. You’re seeing buyers push through resistance levels like they don’t even exist. That’s not just a bounce, that’s confidence. That’s the kind of thing that makes people FOMO back in, or finally close out their shorts. Same with the Black Crows. If the price has been climbing and suddenly sellers start hammering it for three days straight? That’s not retail panic. That’s big money exiting. Now, How do Traders Trade Them? Well, a lot of people jump in right after the third candle closes. If you’re going long on the Three White Soldiers, you’re betting that the breakout has legs. Same for shorting the Black Crows. But, and here’s the trap, not all of these patterns play out. Sometimes, that third candle is the climax, not the beginning. So confirmation matters. Volume should increase. The move should break a recent key level. Indicators like RSI or MACD should support the shift. Otherwise, you might just be catching the end of a move, not the start of one. Another mistake? Ignoring context. These patterns mean nothing if they’re forming in the middle of chop or during low-volume holiday trading. They work best when they signal the end of exhaustion. And let’s be honest. Even if the pattern is clean, you still need a plan. Stops should go below the first green candle (for bullish setups) or above the first red one (for bearish setups). If price moves against you, it means momentum never really shifted. That’s your cue to get out fast. Final Thoughts Three White Soldiers and Three Black Crows are powerful tools in the hands of a patient trader. Of course, these patterns aren’t perfect. They don’t account for time, so a 3-day move might seem powerful, but if it happens slowly over 12-hour candles, it’s not as strong as the same pattern on a daily chart with volume. The takeaway? These are patterns worth knowing, not because they’re magic, but because they reflect a real shift in market behavior. When Three White Soldiers or Three Black Crows show up in the right place, at the right time, with the right confirmation… that’s when charts stop being random and start making sense. But remember. They are indicators, not guarantees. The best traders use them in conjunction with other tools and a clear trading plan.
by WhiteBIT
XAUUSD Update – Down Continuation to 3250?1. What Happened Yesterday After an anemic correction that formed a bearish flag, Gold finally broke below 3300 and even dipped under the 3280 support zone — which was my primary downside target. While the move during the day didn’t have enough momentum to reach my second sell limit, I was already in a low-volume short position, so I didn’t miss the move entirely. 2. The Key Question Has the drop ended, or are we looking at further downside? 3. Why I Expect More Downside • The overall structure remains bearish. • The newly formed resistance (previous support) is now the new sell zone. • If the price drops towards 3280 again, continuation to 3250 becomes very probable. 4. Trading Plan Selling rallies remains the preferred strategy, especially on spikes into resistance. As long as the price stays below 3335-3340 zone, the bearish outlook remains intact. 5. Conclusion Sell the rallies. The technical picture still favors downside continuation — no need to overcomplicate it. 🚀 Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
TRADENATION:XAUUSDShort
by Mihai_Iacob
18
Nifty Analysis EOD – August 1, 2025 – Thursday🟢 Nifty Analysis EOD – August 1, 2025 – Thursday 🔴 🎢 Illusion Rally: What You See, Isn’t What It Was! 🧾 Nifty Summary As we all expected, a negative gap-down opening occurred due to external news. Nifty opened 183 points lower, tested the 24,660–24,675 support zone, then rebounded sharply after a symmetrical triangle + VWAP breakout. The rally pierced through all key levels like a hot knife through butter, topping at 24,950, only to reverse with equal intensity. Closed at 24,765. 📌 Despite the technical structure, today’s move had no clear technical reasoning — more likely triggered by a mix of tariff news, confidence in Modi, weekly + monthly expiry, and manipulation. 📌 in spite of a bullish candle, strong upper rejection from 24,950 hints weakness. Candle appears bullish on colour, but bears dominated intraday close — forming a bearish Moboroshi Candle (illusion of strength). 📌 Bearish Moboroshi Candle Structure : close > open and close < Previous Close 🔍 Intraday Walk 📉 Gap down of 183 pts 🟢 Support held at 24,660–24,675 🔺 Symmetrical triangle + VWAP breakout 🚀 Sharp upmove to 24,950 zone 🔁 Reversal with same intensity 📉 Closed at 24,765 — below prior close 🖼 5 Min Time Frame Chart with Intraday Levels 📉 Daily Time Frame Chart with Intraday Levels 🕯 Daily Candle Breakdown Open: 24,642.25 High: 24,956.50 Low: 24,635.00 Close: 24,768.35 Change: −86.70 (−0.35%) Candle Structure: ✅ Green Candle (Close > Open) → +126.10 pts real body ⬆️ Upper Wick → 188.15 pts (Very Long) ⬇️ Lower Wick → 7.25 pts (Tiny) Interpretation: Opened near yesterday's low Intraday sharp rally towards 24,950+ Faced strong selling at highs Closed above open, but way below high — signals clear rejection Candle Type: 📌 Bearish Moboroshi Candle — Appears bullish but hides weakness 🧠 Buyers strong initially, but sellers took control at the top Key Insight: Bulls need decisive close above 24,880–24,910 Else, expect drift back toward 24,660–24,675 🛡 5 Min Intraday Chart ⚔️ Gladiator Strategy Update ATR: 208.29 IB Range: 93.95 → Medium Market Structure: Unbalanced Trades Triggered: ✅ 10:40 AM – Long Entry → Trailing Target Hit (R:R – 1:6.25) 📌 Trade Summary: Big R:R win today on breakout with trailing logic execution! 🧱 Support & Resistance Levels 🔺 Resistance Zones: 24,820 ~ 24,830 24,850 24,880 ~ 24,890 24,910 🔻 Support Zones: 24,780 24,725 ~ 24,715 24,660 ~ 24,650 24,620 ~ 24,600 💭 Final Thoughts "When the move can’t be explained, the best position is caution." Today's market behavior reinforces the idea that not all moves are technical. Keep your tools sharp, but don’t ignore contextual chaos. ✏️ Disclaimer This is just my personal viewpoint. Always consult your financial advisor before taking any action.
NSE:NIFTY
by kzatakia
2