NIFTY still bearish targeting the 1W MA100 at 22250.The Nifty 50 Index (NIFTY) has been trading within a Channel Down pattern, with its latest Lower High being exactly on the 1D MA50 (blue trend-line). This caused the rejection that initiated the current Bearish Leg.
As we've already completed a 1D Death Cross, the last two times we saw a similar Channel Down was during December 2022 - March 2023 and October 2021 - June 2022. Both of those patterns hit the 1W MA100 (red trend-line) before forming a bottom and rebound.
The March 2023 in fact, was priced exactly on the 0.5 Fibonacci retracement level. With their 1D RSI sequences also identical, we expect the bearish trend to continue for around another 30 days before the Channel Down bottoms on the 1W MA100 - 0.5 Fib cluster. Our Target is 22250.
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Signals
Gold- Is the correction over?Yesterday, gold dipped to a low of 2864; however, this drop was quickly reversed as bulls took control, pushing the price back above 2900. This raises the question: is the correction over?
The daily candle formed a Pin Bar, which could be a strong indication that the correction has ended.
Currently, the price is trading around 2913, with the key support level for bulls at the 2890 zone . As long as the price remains above this level, we can expect the uptrend to continue, potentially leading to a new all-time high.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
BITCOIN bounced on last Cycle's Pivot and targets $125k.Bitcoin (BTCUSD) has been consolidating every since the Double All Time High (ATH) formation of December and January. As we've pointed out in previous analyses, this is similar to the December 2023 - January 2024 consolidation.
What we haven't seen before and we bring it forward to you today, is that the January 2025 Low was priced exactly on the Higher Highs trend-line that emerged from the November 2021 and April 2021 Highs, i.e. the previous Cycle's tops!
To make things more interesting, we can see an identical Higher Highs trend-line that held the January 2024 Low (of the similar consolidation phase we discuss above) with an identical 1W RSI sequence as well. That was what initiated the February - March 2024 rally.
Assuming the current Low holds, BTC should kick start any time now the new 2025 Bullish Leg, which technically eyes the Higher Highs trend-line of the current Bull Cycle (dotted line). Even if it starts as early as this week, it should target at least $125000.
Do you think that is a plausible scenario, assuming the former Higher Highs trend-line, which has now turned to a pivot, holds? Feel free to let us know in the comments section below!
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Lingrid | USDCHF potential BEARISH Breakout of Upward ChannelThe price perfectly fulfills my previous idea . FX:USDCHF price has declined from the resistance zone. On the 4H timeframe, the market trend appears to be sideways. The price action is moving within an ascending channel, and I anticipate that the price will break below this channel and move to lower levels, especially given the formation of a double top and the apparent rejection of bullish momentum. On the daily timeframe, the price is oscillating between 0.91600 and 0.8400 levels. My expectation is that the market will retest the previous month's low. My goal is to support 0.89850
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
No longs by far. 90-92K stands in focusMorning folks,
Last time we were speaking about possible upside bounce to ~102.5K area. But BTC has failed three attempts to move out from support level where it stands. Despite that upside momentum was not bad.
With the recent high CPI on the table and weekly DRPO "Sell" pattern on the back, we suggest that downside action could start at any time. First target will be ~90-92K area just because this is daily oversold. Weekly pattern suggest target around 80-81K.
By this reason we do not consider any new intraday longs by far. Besides, on daily chart today we could get bearish grabber that supports adea of 90-92K lows level.
Lingrid | XRPUSDT coiling Up: Prolonged COSOLIDATION ZoneFollowing the significant sell-off from the resistance zone at 3.40, BINANCE:XRPUSDT continues to consolidate. The price is currently squeezed above the 2.00 level, leading me to believe a breakout is likely. The market has already made a fake breakout of the January low, and a retest of this level is possible. Looking left at price action, this support zone has been respected previously. I anticipate the market will bounce off the channel border and the upward trendline. On the weekly timeframe, the formation of a long-tailed bar suggests that the price might move sideways for some time before the next significant move. My goal is resistance zone around 2.70
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
EUR/USD Bullish Rebound Strong Support SignalEUR/USD is trading at approximately 1.0430. Your target price of 1.0630 suggests an anticipated upward movement of 200 pips, indicating a bullish outlook as the pair rebounds from a strong support level.
Technical analysis indicates that EUR/USD has rebounded off multi-month trend support, with the pair now trading unchanged for 2025. This suggests that a breakout may be imminent, with key resistance levels to watch at 1.05 and 1.0573/87. A decisive move above these levels could pave the way toward your target price of 1.0630.
Fundamentally, the European Central Bank (ECB) has implemented five interest rate cuts since June, with the possibility of up to three more reductions this year. This monetary easing stance aims to stimulate economic activity within the Eurozone. In contrast, the U.S. Federal Reserve has adopted a more cautious approach, indicating no immediate plans for rate cuts despite persistent inflation. These divergent monetary policies could influence the EUR/USD dynamics, potentially supporting a bullish scenario for the euro.
In summary, the EUR/USD pair is exhibiting signs of a potential bullish breakout, supported by technical indicators and contrasting monetary policies between the ECB and the Federal Reserve. Traders should monitor key resistance levels and stay attuned to central bank communications to make informed trading decisions.
GBP_USD RESISTANCE AHEAD|SHORT|
✅GBP_USD is set to retest a
Strong resistance level above at 1.2576
After trading in a local uptrend for some time
Which makes a bearish pullback a likely scenario
With the target being a local support below at 1.2450
SHORT🔥
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People still want to invest in gold.World gold prices at times dropped sharply when inflation data in the US heated up. Specifically, the consumer price index (CPI) in January 2025 increased by 0.5%, higher than the forecast increase of 0.3%.
This information has reinforced the message of the US Federal Reserve (FED) not to rush to reduce interest rates due to the unstable economy.
"Higher-than-expected CPI in the US put pressure on gold prices and market expectations for any interest rate cuts were almost extinguished."
The recovery of world gold prices from lows in the past two days shows that investors continue to favor having a safe asset to combat inflationary pressures.
GBP/USD: Bearish Pressure Amid US Inflation and Trade TensionsThe GBP/USD pair has recently declined, closing at 1.24445 on February 12 (-0.0233%) after a 0.6688% increase on February 11. Volatility has dominated recent sessions, with fluctuations between 1.2400 and 1.2500. The decline was triggered by US inflation data, which strengthened expectations of higher Fed rates, weighing on the pound. Despite a 2.5% increase in UK retail sales (compared to the expected 0.2%), GBP struggled to maintain upward momentum, further pressured by uncertainty surrounding US tariffs on steel and aluminum. Technically, support between 1.2320 - 1.2330 remains crucial for potential rebounds towards 1.2550 - 1.2600, but future movements will depend on upcoming economic data and monetary policy expectations on both sides of the Atlantic.
NAS100USD: CPI Volatility & Institutional Continuation Sell-OffGreetings Traders,
In today’s analysis on NAS100USD, we observe that the market remains bearish following a significant CPI news release. This high-impact event resulted in a sharp bearish displacement, reinforcing the ongoing bearish narrative. Yesterday, I shared an analysis predicting this continued bearishness. For those interested, you’ll find that analysis attached at the end of this description for deeper context.
KEY OBSERVATIONS:
CPI-Induced Displacement : The CPI release triggered a large downward move, forming a massive single candle that left behind a noticeable inefficiency—a Fair Value Gap (FVG).
Liquidity Grab & Fair Valuation: After sell stops were taken, price retraced to fill the FVG, restoring fair valuation. This retracement fully closed the gap, confirming a continuation of bearish order flow.
Premium Price Zone: We are currently in a deep premium price range, which aligns with institutional distribution zones. These areas offer excellent opportunities for confirmation-based sell entries.
TRADING PLAN:
Entry Strategy: Look for confirmation at the current premium price level before entering short positions.
Targets: Focus on discount liquidity pools at lower prices, as these are the areas institutions will likely target to take profits.
By following the institutional flow, we align ourselves with smart money practices, improving our precision and probability of success. Stay patient and disciplined—confirmation is key!
For more context, here’s yesterday’s analysis below.
Happy Trading!
The Architect 🏛📊
#BILLYUSDT remains in a downtrend signal📉 SHORT BYBIT:BILLYUSDT.P from $0.0036300
🛡 Stop Loss: $0.0036860
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:BILLYUSDT.P continues its downward trend, testing the $0.0036300 level as a potential short entry point.
➡️ POC (Point of Control) at $0.0040257 indicates the highest liquidity zone, located significantly above the current price, confirming seller dominance.
➡️ The price failed to hold above $0.0038700, reinforcing the bearish scenario.
➡️ If the price breaks below $0.0036300, a further decline towards the target levels is likely.
⚡ Plan:
➡️ Enter short below $0.0036300, confirming further downside movement.
➡️ Risk management via Stop-Loss at $0.0036860, placed above the nearest resistance.
➡️ Primary downside targets:
🎯 TP Targets:
💎 TP1: $0.0034890
🔥 TP2: $0.0033642
🚀 BYBIT:BILLYUSDT.P remains in a downtrend — expecting further decline!
📢 BYBIT:BILLYUSDT.P is under strong selling pressure with no signs of buyer recovery.
📢 If $0.0036300 breaks with increasing volume, a move towards $0.0034890 – $0.0033642 becomes more likely.
📢 However, if the price rebounds above $0.0036860, the scenario may change.
NZDUSD preparing massive rebound on the 5-year Support Zone.The NZDUSD pair rebounded last week exactly at the top of the 5-year Support Zone. This is the 3rd time in total and first since October 10 2022.
As you can see, both previous times that this Support Zone was touched, the price reacted with an immediate rebound and skyrocketed to the long-term Resistance Zone (0.65150 - 0.65850). Also on both those bottoms, the 1W RSI broke below the 30.00 oversold barrier and rebounded.
This time, we have the 1W MA200 (orange trend-line) to consider as the first long-term Resistance, so our Target is just below a potential extension of it at 0.6200.
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MEUSDT Falling Pattern Breakout with 200%-250% Potential GainsMEUSDT has recently broken out of its Falling Pattern, signaling the potential for a strong price rally. A Falling Pattern often sets the stage for a reversal, and with the breakout now complete, MEUSDT is poised to enter a bullish phase. The pattern, which typically consists of lower lows and lower highs, has now formed a solid foundation for the price to move upward. With good volume supporting this breakout, there’s strong market confidence in the project, and traders are anticipating a surge in price. The expected gain range for this move is substantial, with projections of 200% to 250%+, making this a highly attractive opportunity for those looking to capitalize on significant upside potential.
The breakout from the Falling Pattern is a key technical event that signals a shift in market sentiment. As the price pushes higher, the breakout confirms that the bears may have lost control, and the bulls are now taking charge. With volume continuing to support the move, it increases the likelihood that MEUSDT will maintain upward momentum. As more traders and investors take notice of this development, the price could continue to rise, potentially testing previous highs and delivering substantial returns for those who timed their entry correctly.
Investor interest in MEUSDT has been growing, and this breakout has captured the attention of many in the crypto community. The combination of a completed Falling Pattern, solid volume, and growing market sentiment creates a perfect setup for significant gains. If MEUSDT continues to follow the expected bullish trajectory, it could quickly move into a new price range, delivering impressive returns to traders who are quick to act. This could be the beginning of a strong bullish trend for MEUSDT, and those who enter at the right time could see massive profits.
As always, it's important for traders to watch key resistance levels and price action carefully. The next few price movements will determine whether MEUSDT can maintain its bullish trend and reach the expected gains. Given the current breakout and the positive technical indicators, MEUSDT presents an exciting opportunity for traders looking to profit from the next major move in the crypto space. Keeping an eye on volume and support levels will be essential to navigating this setup successfully.
EURAUD at Key Resistance: Potential Sell OpportunityOANDA:EURAUD is currently in a well-defined downtrend, trading within a descending channel. The price is approaching a significant resistance zone, which aligns with previous structural rejections. This level is critical as it may act as a supply zone where sellers could regain control.
The projected scenario suggests a potential rejection at this resistance area, leading to a continuation of the bearish trend. If price action confirms a rejection—such as forming bearish candlestick patterns or strong wicks—there is a high probability of a downward move toward the 1.63590 level, which aligns with a key support zone.
This setup follows the broader market structure, suggesting that sellers may remain in control unless a significant breakout above the resistance zone occurs.
GBP/CAD Bullish Rebound Fibonacci Support Signals 1.8200 Target GBP/CAD is trading at approximately 1.7800. Our target price of 1.8200 suggests an anticipated upward movement of 400 pips. This projection aligns with a bullish outlook, particularly as the pair appears to be finding support between the 50% and 61.8% Fibonacci retracement levels.
Technical analysis indicates that GBP/CAD is approaching a pullback support level near 1.7806, which aligns with the 50% Fibonacci retracement. This area may serve as a foundation for a potential bullish bounce toward the first resistance level at 1.7968. The confluence of the Fibonacci retracement and support levels strengthens the case for a rebound.
Fundamentally, the British Pound has been influenced by the Bank of England's interest rate decisions, while the Canadian Dollar has faced pressure from declining oil prices. These factors contribute to the current bullish sentiment for GBP/CAD.
In summary, GBP/CAD is exhibiting bullish potential, supported by key technical levels and fundamental factors. Traders should monitor the 1.7806 support level and the 1.7968 resistance level, as well as broader economic indicators, to make informed trading decisions.