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Asian Paints Forming a W pattern looks bullish above 2613Asian Paints is showing a bullish reversal setup with a clear W pattern (Double Bottom) forming on the daily chart. The stock has tested the ₹2500 support zone twice and bounced, indicating strong buying interest. It is now approaching the neckline at ₹2600, a critical breakout level. A sustained move above ₹2613, especially with good volume, could confirm the breakout and push prices toward the ₹2675–₹2700 zone, with a possible extension toward ₹2735. This setup provides a favorable risk-reward opportunity. Trading Plan: • Entry: Above ₹2613 on confirmation • Stop Loss: ₹2580 (conservative) or ₹2560 (aggressive) • Target: ₹2675–₹2700 (initial), ₹2735+ (extension) Why it matters: • Strong base at ₹2550 zone • W pattern signaling reversal • Breakout potential on good volume This is a price-action-based setup, supported by pattern structure. Keep an eye on volume and market sentiment for confirmation and Ofcourse Nifty 50 needs to be bullish Let me know your thoughts in comments 🔔 This is not financial advice. Please do your own analysis before taking any trade.
NSE:ASIANPAINTLong
by TRT-TheRightTrade
1
DXY 4Hour TF - August 3rd,2025🟦 DXY 4H Analysis Neutral idea 📅 August 3, 2025 🔹 Top-Down Trend Bias: • Monthly – Bearish • Weekly – Bearish • Daily – Bearish • 4H – Bullish The dollar index is in a larger bearish cycle but just bounced from near-term resistance around 100.250. While the 4H shows temporary strength, we’re trading into major resistance and we may see it short lived. 🔍 Key Levels to Watch • Support: 98.00 • Resistance Zones: 99.25 and 100.25 • 61.8% Fib: 98.57 Price is currently testing structure after rejecting from the 100.25 resistance zone. This area remains a strong ceiling unless the higher timeframe structure shifts. ✅ Scenario A: Bearish Continuation (Blue Path) 1. Bearish Structure confirmation below the current zone 2.If bearish rejection confirms, expect price to continue toward 98.00, possibly 97.50 3.Clean confluence with the higher timeframe trend ⚠️ Scenario B: Bullish Extension (Orange Path) 1.If price breaks and holds above 99.25, we may see a continuation toward 100.25 2.Short-term bullish strength, but against HTF bias 3.Must treat as a counter-trend idea unless confirmed with HTF structure shift 🧠 Final Notes • 98.50 is the key decision zone, watch reaction closely • Trend remains bearish on all major timeframes • Don’t force the long, lean bearish unless structure proves otherwise
TVC:DXY
by ForexLeague
AUDUSD Correction in progress ▶️ AUDUSD has broken the green ascending channel that had been in progress since late April. ▶️ This break suggests wave 1/A likely concluded at 0.66250, supported by bearish RSI divergence on the high. ▶️ Retests of the bottom of the broken channel could offer short trade opportunities. ▶️ The initial high-probability target is the 38.2% Fibonacci retracement at 0.63531, which aligns with the start of the ascending channel. ▶️ A secondary target is the 50% retracement level at 0.62691.
Short
by Stoic-Trader
Combining a "cup and handle" pattern with a long position on ETHCombining a "cup and handle" pattern with a long position on ETH/USDT is a classic bullish technical analysis strategy. Let's break down what this pattern signifies and how to approach it for a long trade. Understanding the Cup and Handle Pattern The cup and handle is a bullish continuation pattern popularized by William J. O'Neil. It suggests a period of consolidation followed by a breakout to the upside, signaling a likely continuation of the prior uptrend. Disclaimer: Technical analysis patterns like the cup and handle are tools, not guarantees. Always combine them with sound risk management and your overall trading strategy. Past performance is not indicative of future results.
Long
by Money_Trix
1
Bitcoin Found Support at $112kAfter making a new all-time high at $123,000, Bitcoin fell back down to test the previous high at $112,000 as expected in the previous post. In technical analysis, previous resistance tends to become support and for now we are seeing that $112k level hold as support with price bouncing up off it today and is trading back above $114k. We currently have the 50-day price average(50sma) right at that $112k level adding extra support for price as well. As for the lower price indicators: The PPO is showing the green PPO line holding above the 0 level which indicates that long-term momentum remains bullish. For short-term price momentum to turn bullish we would need to see the green PPO line cross back above the purple signal line. The ADX indicator shows the purple -DI line rolling over after rising, and the green +DI line is beginning to rise indicating that the bear strength is weakening, and the bull strength is increasing. For long-term bull strength, we would need to see the green +DI line cross back above the purple -DI line, and for the background histogram bars to rise. The TDI indicator shows the green RDI line holding above the 40 level which keeps the long-term bull trend intact. Generally, you want to see the RSI line trending between 40-80 as a sign of trend strength during a bull market. The green RSI line is also crossing back above the lower Bollinger Band after briefly crossing below it during the decline. In general, price will continue to decline when the RSI is below the lower BBand so getting back above that level is nice to see here. Next we would want to see the green RSI line move back above it's purple signal line, and back into the upper half of the Bollinger Bands. I bought the dip into the $112k-$113k level as I expect this level to hold as support going forward. Next up, we're likely going to see a re-test of resistance at the new all-time high of $123k. From there, I'm still expecting a test of the 1.618 fibonacci extension at $135k.
COINBASE:BTCUSDLong
by PrepForProfit
GBPUSD Possible long.-In the monthly (higher timeframes), GBPUSD is bullish. -In the weekly timeframe, the was a momentous price reaction at the 1w Hidden Invalidation, making it a very strong area of liquidity and unlikely to be broken further in the short term period but maybe tested. In the the daily and timeframe GU is bearish, but it is just a possible higher timeframe retracement, but still we are looking for opportunities in that retracement too. -Above is our high probability low risk idea.
Long
by relentlessforex
Gold analysis and trading strategy for Monday✅ Fundamental Analysis Friday’s Non-Farm Payrolls (NFP) data came in significantly below expectations, with new job additions falling far short of market forecasts. This sparked a sharp rise in expectations for a Fed rate cut later this year. As a result, the U.S. dollar index declined and gold prices surged violently, rallying from the 3281 level to a high of 3362 — a single-day gain of over $85, completely erasing the week's prior losses and reestablishing a strong bullish structure. ✅ Technical Analysis 📊 Weekly Chart Gold posted a strong bullish weekly candlestick, reversing the previous consolidation trend and signaling a structural shift in market sentiment. Bulls have regained full control. The key resistance zone lies between 3380–3400; if price breaks and holds above this level, the next upside target will be around 3430. 📊 Daily Chart Gold stabilized at the 3281 low and surged on Friday evening following the NFP surprise, closing near the day’s high — a sign of aggressive buying. The short-term trend has clearly reversed to the upside, and any pullback is now considered a buying opportunity. The key support has moved up to around 3335, serving as a critical pivot zone. Further support is seen near 3316, a previous swing low. 📊 Hourly Chart Price is currently trading above short-term moving averages, indicating a strong bullish bias. The key level for a potential bullish continuation is around 3355, which represents a recent support-turned-resistance area. If price pulls back to this level and holds, or breaks above it directly, it will confirm bullish strength. If gold opens with a gap higher toward 3385, beware of potential short-term volatility due to a liquidity gap. Chasing highs in such scenarios requires caution. 🔴 Resistance Levels: 3375–3380 / 3400–3430 🟢 Support Levels: 3355–3340 / 3330–3335 / 3316 ✅ Trading Strategy Reference 🔺 Primary Strategy – Buy on Dips: 🔰Consider long entries around 3340–3335, with a stop-loss below 3328. 🔰If the market remains strong, a direct long near 3355 is viable, targeting 3375 and above. 🔰A deeper pullback to 3330–3335 is a favorable entry zone for mid-term longs. 🔻 Secondary Strategy – Sell on Rebounds (Short-Term Only): 🔰If gold opens Monday with a sharp spike to around 3385 but fails to break higher, a light short position may be considered, targeting a quick $10–$15 pullback. 🔰If 3385 is broken and held, abandon short setups and revert to a bullish view. ✅ Overall Outlook Gold has completed a technical reversal following the bullish fundamental catalyst from the NFP data. The trend has shifted from bearish to bullish, and the market has clearly moved into a higher price range. The core trading logic should remain “buy on dips”, and countertrend trades should be approached with caution. Look for long opportunities near key support levels, and consider short positions only at major resistance levels and for quick intraday trades. A confirmed breakout above 3375 will likely open the door to 3400–3430 in the near term
OANDA:XAUUSD
by GoldTradePro
GBP/CHF BEST PLACE TO BUY FROM|LONG Hello, Friends! GBP/CHF pair is in the uptrend because previous week’s candle is green, while the price is clearly falling on the 2H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 1.073 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Long
by EliteTradingSignals
1
NIFTY Toot Sakta Hai?! | US-Russia War Impact ExplainedHey traders, Serious geopolitical tension is brewing between the U.S. and Russia, and if things escalate, we could see a major shake-up in global markets — including our very own Nifty 50. Here’s my view: 🔹 24,500 is the immediate level to watch. If this breaks down with volume, 24,000 is next, and things could get ugly quickly. 🔻 In a worst-case escalation, Nifty may drop all the way to 23,500 – 21,000. Yes — that deep. And it won’t be a straight line. 💡 My trading strategy? I’m avoiding heavy longs Hedging with puts Staying in cash or safe sectors Watching global cues, especially crude oil and the India VIX 📉 Protect capital first — opportunities will come later. Like, comment your view, and don’t forget to subscribe for more real-time market updates. Stay sharp, stay safe! #Nifty #StockMarketIndia #USRussiaWar #Geopolitics #NiftyAnalysis #TradingStrategy
NSE:NIFTY
by abhisheksinghchauhan
APPLE: Bullish Forecast & Bullish Scenario The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the APPLE pair price action which suggests a high likelihood of a coming move up. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ❤️ Please, support our work with like & comment! ❤️
NASDAQ:AAPLLong
by UnitedSignals
1