Priceactionanalysis
Balkrishna , 1W Looking very Good pattern , and it is at Support level now
so the Risk is Very low . So Prefer to take the Trade at Low Risk Place
Risk according to your capital and risk capacity
if you missed at Support level wait for Clear Breakout to happen
then Enter , if you Missed After Breakout Avoid it completely
Follow For More Ideas like This
XAUUSD 1H Head & Shoulders Pattern and Quasimodo!This 1-hour Gold (XAU/USD) chart presents a Head and Shoulders pattern forming near the 3,124 level, indicating a potential bearish reversal. The structure consists of:
Left Shoulder – A peak followed by a retracement.
Head – The highest point in the formation.
Right Shoulder – A lower high, confirming the pattern.
Additionally, a Quasimodo pattern is forming, reinforcing bearish sentiment if price fails to sustain above 3,139. A breakdown below the neckline suggests a potential move toward the projected target zone at 3,039.
Key Levels & Trade Plan
📍 Resistance: 3,139 (Quasimodo level)
📉 Support Levels: 3,107 – 3,085 – 3,039 (Main target)
📊 Bearish Confirmation: Break below the neckline (~3,120)
🎯 Target Zone: 3,039
A clean breakdown below the neckline could accelerate bearish momentum, aligning with the projected drop of approximately 62.7 points (-2.02%). Bulls need to reclaim 3,139 for any invalidation of this bearish outlook. Keep an eye on price action confirmation before entering trades.
Bitcoin (BTC/USD) Reversal? Rising Wedge Breakdown Signals Sell! The chart suggests a potential bearish move after a rising wedge pattern breakdown.
Key Observations:
Rising Wedge Breakdown:
BTC formed a rising wedge, which is a bearish reversal pattern.
The price has broken down from this wedge, indicating a potential downtrend.
Support and Resistance Levels:
Resistance Zone: Around $88,188 – $88,792, marked as a key level where selling pressure may increase.
Support Zone: Around $85,368 – $84,226, where buyers may step in.
Target: $81,429 – $81,258, a strong support level where price could drop.
Bearish Setup:
The chart suggests a sell opportunity near resistance, expecting a downward move toward the target zone.
Trading Idea:
Entry: Sell near $88,000 after confirmation.
Target: $81,429 – $81,258 (support zone).
Stop-Loss: Above $89,991 (resistance zone).
This setup suggests Bitcoin could decline further, making it a potential short trade opportunity. However, traders should watch for confirmation and overall market sentiment before executing trades.
Bitcoin Analysis: Potential Path to $150K and Market TrendsCurrent Price & Key Levels
- BTC/USDT Price: BINANCE:BTCUSDT (as per chart).
- Critical Support: Bottom of the ascending channel .
- Key Resistance: Upper trendline of the channel (to be confirmed).
Technical Signals
1. Ascending Channel:
- Price is at the bottom of the channel, historically a bounce zone.
- A break above the upper trendline could signal a bullish continuation.
2. Moving Averages:
- SMA 200 (4H) and SMA 20 (1D) are critical for trend confirmation.
- A bullish crossover (e.g., SMA 20 > SMA 200) would strengthen the buy signal.
3. Dominance (BTC.D):
- If Bitcoin dominance turns bearish, expect capital rotation into altcoins (altseason potential).
- Monitor dominance alongside price action for market shifts.
$150K Target: When and How?
- Scenario 1:
- A strong breakout from the ascending channel + rising volume → Acceleration toward $150K.
- Timeline:Mid-2025/Late-2025 (historically aligns with post-halving cycles).
- Scenario 2:
- Slow grind upward with corrections → $150K likely by 2026, pending macroeconomic stability (e.g., ETF inflows, regulatory clarity).
Altcoin Season Watch
- Trigger:
- If Bitcoin’s dominance drops below 57%, altcoins may surge.
- Focus on high-cap alts (ETH, SOL) and narratives like AI, DePIN, or RWA.
Trade Strategy
- Entry:
- Buy on confirmed breakout above the channel + SMA crossover.
- Stop Loss:
- Below the channel’s lower trendline (e.g., $80,000).
- Take Profit:
- targets: $100,000.120,000
- Final target: $150,000 (scale out profits).
Risks to Monitor
- Macro Factors: Fed rate decisions, geopolitical tensions.
- Bitcoin ETF Flows: Sustained inflows/outflows impact momentum.
- Regulation: Crackdowns or approvals (e.g., ETH ETF).
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Conclusion
- Bullish Outlook: $150K is achievable if Bitcoin holds the ascending channel and dominance remains stable.
- Altseason Hedge: Prepare a basket of altcoins if BTC.D trends downward.
Like, comment, and follow for updates! 🚀
#NIFTY Intraday Support and Resistance Levels - 02/04/2025Today will be slightly gap up opening expected in nifty. After opening if nifty starts trading below 23200 level then expected sharp downside upto 23050 level in opening session. Upside 23450 level will act as a strong resistance for today's session. Any bullish side rally can reversal from this level.
[INTRADAY] #BANKNIFTY PE & CE Levels(02/04/2025)Today will be slightly gap up opening expected in index near 51000 level. After opening it will face strong resistance at this level and expected reversal direction towards the 50550 level. This downside rally can extend for further 400-500+ points in case banknifty starts trading below 50450 level. Any bullish side rally only expected if banknifty starts trading and sustain above 51050 level.
USDJPY Price ActionHello Traders,
As you can see, the price dropped from the previous supply zone and has formed a new one. Along the way, it created both internal and external liquidity, which helps strengthen the newly formed zone — a common pattern we see repeatedly.
Remember, just because price didn’t move as expected and hit your stop loss, it doesn’t mean your analysis was wrong. That’s exactly why we use stop losses — to protect our capital before chasing profit.
I’ve marked the internal and external liquidity, along with the new supply and demand zones on the chart. As always, without liquidity, there’s no valid zone confirmation. Risk management is key — that’s all you really need.
Wishing you all the best and happy trading.
Thank you!
#NIFTY Intraday Support and Resistance Levels - 01/04/2025Flat or slightly gap down opening expected in nifty. After opening if nifty starts trading below 23450 level then possible strong downside rally upto 23250 level. Any upside movement only expected if nifty sustain above 23500 after opening session. Upside 23750 will act as strong resistance for today's session.
[INTRADAY] #BANKNIFTY PE & CE Levels(01/04/2025)Today will be flat or slightly gap down opening expected in index. After opening important level for banknifty is around 51500. If banknifty starts trading below 51450 level then expected downside movement upto 51050 level in today's session. Similarly if banknifty starts trading and sustain above 51550 level then there will be upside bullish rally upto 51950+ level possible.
Gold Price Analysis March 31Fundamental Analysis
Gold price attracts safe-haven flows for the third straight day amid rising trade tensions.
Fed rate cut bets weigh on the USD and also lend support to the non-yielding yellow metal.
Overbought conditions on the daily chart now warrant some caution for bullish traders.
Technical Analysis
Gold continues to hit ATH levels and is very difficult to trade with a large amount of Fomo BUY. The important point to retest the BUY signal today is at 3100-3098. And 3145 is the target level for the ATH peak of Gold today.
What do you think of the above analysis? Please leave your comments.
AUDUSD Price ActionHello Traders,
Liquidity is what makes supply and demand zones truly powerful. As you can see, I've marked both the supply and demand areas—each supported by clear liquidity levels on both sides.
With that structure in place, we can now look for long opportunities, but always with proper risk management in mind.
Just remember: No Liquidity = No Zone Confirmation.
Keep it simple, stick to the rules.
Good luck and happy trading!
US500 Price ActionHello Trader,
As you can see, the market is currently moving to the downside, approaching a clearly identified Demand Zone. Remember, as I always emphasize: no liquidity, no valid zone. Therefore, I've also marked liquidity levels located just above this Demand Zone, along with a suggested safe Stop Loss (SL) placement. However, please keep in mind that no level is truly "safe" in trading, which is precisely why we always use stop losses and actively manage risk on every trade.
Additionally, I've highlighted two potential Take Profit (TP) areas: one where you might consider closing your trade early for safety, and another where you could hold your position if price action continues to move favorably.
As always, avoid greed, prioritize risk management, and trade responsibly.
Wishing you all the best and happy trading!
Thank you.
GBP/USD Breakdown: Bearish Setup with Sell Opportunity!"Key Observations:
Rising Wedge Breakdown:
The price initially formed a rising wedge near resistance.
The wedge broke down, indicating bearish momentum.
Support and Resistance Levels:
Resistance Zone: Around 1.3014 – 1.3027, marking a strong rejection area.
Support Zone: Around 1.2933 – 1.2843, where price previously bounced.
Strong Support: Around 1.2627, marked as the target area for a bearish move.
Bearish Setup:
A range-bound consolidation occurred after the breakdown.
The chart marks a sell signal, suggesting a move toward the 1.2627 target zone.
Trading Idea:
Entry: Sell after confirmation below 1.2933.
Target: 1.2627 (major support level).
Stop-Loss: Above 1.3014 (resistance level).
This setup suggests a potential bearish continuation, with price expected to decline further if support breaks. Always confirm with volume and market conditions before entering a trade.
"Bitcoin Breakout Setup: Potential Rally Towards $94K!"Key Observations:
Support Zone: A crucial support level is marked below the broken channel, indicating a potential area for a price reversal.
Bullish Projection: A breakout above this support level could push BTC higher towards the target price of 94,101.24 USD.
Technical Patterns: The price initially showed a strong downtrend, followed by a recovery forming an ascending channel, and now a potential bullish breakout is expected.
Trading Plan:
Bullish Scenario: If BTC holds above the support level, a strong move upwards toward 94,101.24 USD could be expected.
Bearish Scenario: A failure to hold support could result in further downside toward lower key levels.
Conclusion:
Traders might look for buying opportunities near the support zone with a potential upside target of 94,101.24 USD while managing risk in case of further breakdown.
Would you like to refine this further or add specific indicators? 🚀
"Gold (XAU/USD) Approaching 3,110 – Sell Setup in Play?"The price is in an uptrend, making higher highs and higher lows.
A potential reversal zone is identified around $3,110, marked as a possible sell entry.
The chart suggests that after reaching $3,110, the price may decline towards the support zone at $3,010 - $2,999.
Confirmation of the sell trade can be considered if price action forms a bearish structure around resistance.
Key support levels are at $3,010, $2,999, and $2,981, which could act as potential take profit targets for short positions.
Trading Strategy:
Sell Entry: Around $3,110, if resistance holds.
Target: $3,010 - $2,999 zone.
Stop Loss: Above $3,120 to manage risk.
This idea follows technical price action, making it crucial to watch for confirmation signals before executing a trade. 🚀📉
USDJPY analysis week 14🌐Fundamental Analysis
The Federal Reserve (Fed) kept interest rates unchanged in the 4.25% - 4.50% range and forecast core PCE inflation to average 2.8% by year-end. The higher-than-expected inflation data reinforced expectations that the Fed will maintain current interest rates for an extended period. Investors are concerned that these tariffs could add to global inflationary pressures and trigger a recession.
In Japan, the Tokyo CPI rose sharply in March, boosting expectations that the Bank of Japan (BoJ) will continue to raise interest rates this year. The hot inflation data also supported the Yen's appreciation against other currencies.
🕯Technical Analysis
USDJPY is still in a bullish recovery. The pair is facing support at 149.200, preventing further declines. The weekly high around 151.100 is still acting as key resistance before the pair breaks out to 152.000. Conversely, if the trend breaks at 149.200, weekly support is seen at 148.300.
📈📉Trading Signals
SELL USDJPY 151.300-151.100 SL 150.500
SELL USDJPY 152.000-152.200 SL 152.400
BUY USDJPY 149.300-149.100 SL 148.900
Gold Price Analysis March 28Fundamental Analysis
Gold (XAU/USD) continued its upward trend, hitting a record high of $3,086 during the European session on Friday. Global risk sentiment weakened due to concerns over US President Donald Trump's auto tariffs and uncertainty over upcoming tariffs, boosting safe-haven demand for gold.
In addition, expectations of an early Fed rate cut due to concerns over Trump's trade policies affecting US economic growth also supported gold's gains. Although the USD recovered slightly ahead of the US personal consumption expenditure (PCE) price index report, this did not reduce the appeal of XAU/USD.
Technical Analysis
Gold is quite difficult to trade around the ATH zone today. Note that the lower boundary zone of 3060 is converging with the EMA 34 zone and the SELL zone around the 3100 round-trip barrier. The basic trading strategy requires your patience as the market is not easy to trade at the moment.
BTC/USDT - The moment of truthThe BTC/USDT chart highlights a crucial moment as the price breaks out of a bearish trendline and tests a Fair Value Gap (FVG) zone. Key scenarios include:
- A potential continuation of the bullish trend if the price successfully holds above the FVG zone and confirms support.
- Alternatively, a rejection at this level could signal a return to bearish momentum.
Keep an eye on price action within the FVG zone for confirmation of the next move. Which way do you see BTC heading?