Supply and Demand
BankNifty levels - May 19, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
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Nifty levels - May 19, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
BTCUSDT 4H | Rebound, Consolidation, Down or Up?Hello Everyone,
Greetings,
BTCUSDT 4H |
As we can see together, BTCUSDT is experiencing a rebound in the WEEKLY trendline resistance area & WEEKLY FVG.
If we observe further, we can also see the 200 Moving Average (MA) at the $84,000 area, and there’s also a Triple Bottom marked with a red circle.
So it can be assumed that the BTCUSDT market is likely to consolidate further while waiting for a strong Volume/Candle to either GO UP (target $99,000) or GO DOWN (target $73,800).
Remember, trading involves high risk, so please do your own research.
Convex Finance (CVX) Rectangle (1W)BINANCE:CVXUSDT has been trading in a rectangle with well-defined boundaries since January 2023, and it has recently reclaimed the 1-year EMA, potentially shifting the bias to bullish.
Key Levels to Watch
• $1.5-$2.0: Main demand zone and invalidation point for any bullish TA if broken
• $3.0: 1-year EMA, successfully reclaimed and retested as support
• $4.4: Rectangle midline, previously relevant as a S/R
• $6.1-$7.2: Main supply zone and upper boundary of the rectangle
• $13.0: Previous swing high and rectangle breakout target, which would be confirmed by a weekly close above $7.2 with good volume
Possible Targets for Nvidia on Both Upside and DownsideNvidia has surged more than 55% since the early April dip and over 40% from the second dip, as expected in our earlier post. This massive rally was supported by a softening in trade policy (Bloomberg trade uncertainty index fell to 7.67 from 16.27), Nvidia's valuation being well below historical averages, and momentum sparked by Trump’s Middle East business trip.
Despite the surge, Nvidia still trades below its historical average based on forward price-to-earnings ratios. The stock has averaged a forward P/E of 32.2x over the past year, 34.2x over the last two years, and 40.2x over the past five years. Its current forward P/E stands at 28.4x. If Nvidia were to return to these averages, the implied price would be:
1-year average (32.2x): $153.04
2-year average (34.2x): $162.20
5-year average (40.2x): $190.79
However, relying on the 5-year average may not be ideal, as Nvidia’s explosive growth potential is no longer at the same trajectory it was five years ago. The 1-year average at $153.04 could be a more realistic near-term target.
Around the 1-year p/e price target, Nvidia has also a notable technical resistance. The stock has an infamous double top at $154 that has capped price advances twice before in November and January. This suggests that a short-term bet on further upside could be risky.
If Nvidia pulls back to around 120 level, however, it may offer a good buying opportunity, with upside potential toward 150 or higher, depending on the broader macroeconomic conditions at the time.
Please also check our earlier post:
ADAUSDT IDEAI think chart looks pretty clear now. Red supply area properly laid down. Along with price properly taking buys from demand area in blue with higher lows. So obvious path will be the movement above supply till next supply (red area). Remember the supply is selling area (no retest concept) so strong selling could also originates. so trades are only after breaking out with clear price marching above supply zones.
GOLD Update – Short Opportunity After Pullback! Gold traders! 💛 Our key support zone (3,212 - 3,196) has just been broken, and price is now consolidating below! 🎯
We previously took big profits from this level (our followers know!), and now we’re waiting for a pullback to enter a high-probability short trade!
⚡️ Golden Rule:
✅ If price retests the level as new resistance, go SHORT!
✅ If it reverses and breaks back above, consider a LONG!
📌 Always trade with a strategy—be ready for any scenario!
💸 The Secret to Trading Success:
🔹 Keep losses small & controlled.
🔹 Let profits run & grow!
🔹 We can’t control the market, but we CAN control our risk!
🚀 Gold is always hot—what’s your take?
👇 What’s your analysis on this move?
For detailed entry points, trade management, and high-probability setups, follow the channel:
ForexCSP
USDJPY Repriced for a Better Short OpportunityIn my initial trade shared during the Asian session, USDJPY swept the sell-side liquidity and formed a clear Fair Value Gap (FVG). Price action has now provided a refined entry point for a continuation short setup.
The recent liquidity sweep, followed by displacement, suggests that the market may aim for the recent low — with the potential to push even further if bearish momentum continues. My short position is now aligned with this structure, and I’ll be watching closely for signs of continuation or rejection near key support levels.
NZDJPY: Strong Bullish Signal 🇳🇿🇯🇵
I spotted a nice example of the application of SMC trading
with multiple time frame analysis on NZDJPY pair.
After a test of a significant daily demand zone,
first, we see a liquidity grab where the price went beyond
the underlined zone.
A consequent bullish imbalance and CHoCH confirm
a real strength of the buyers and indicate a highly probable
bullish continuation.
Next goal - 86.43
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I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURAUD: Bearish Movement Confirmed?! 🇪🇺 🇦🇺
Sellers demonstrate a clear strength after a test
of the underlined blue resistance cluster.
A formation of a bearish imbalance candle and a confirmed
intraday CHoCH leave strong reversal clues.
I think that EURAUD will likely retrace today, at least to 1.738 level.
❤️Please, support my work with like, thank you!❤️
TEH KOG REPORT - UpdateEnd of day update from us here at KOG:
We managed to get the move down with a slight stretch, waited for the red boxes to confirm and then level after level after level and TPs galore! We've hit the level we wanted in yesterday's idea and as you can see, price still has that vavavoom in it so lets see if they attack that 3235 region and if we get a RIP
Support here is 3210 and below that 3195
As always, trade safe.
KOG
MCX - Multi Commodity Exchange (45 minutes chart, NSE) - LongMCX - Multi Commodity Exchange (45 minutes chart, NSE) - Long Position; short-term research idea.
Risk assessment: Medium {volume structure integrity risk}
Risk/Reward ratio ~ 1.35
Current Market Price (CMP) ~ 6490
Entry limit ~ 6400 on May 16, 2025
Target limit ~ 6680 (+4.38%; +280 points)
Stop order limit ~ 6192 (-3.25%; -208 points)
Disclaimer: Investments in securities markets are subject to market risks. All information presented in this group is strictly for reference and personal study purposes only and is not a recommendation and/or a solicitation to act upon under any interpretation of the letter.
LEGEND:
{curly brackets} = observation notes
= important updates
(parentheses) = information details
~ tilde/approximation = variable value
-hyphen = fixed value
USDJPY – 4hr Breakdown – May 16USDJPY has pulled back, filled the Sunday gap, and is now approaching the bottom of the bullish channel we’ve been monitoring.
🔹 Main interest is at 144.767 — key level to look for long entries
🔹 If this support holds, we can expect a swing move to form a new higher high, giving us potential for ~500 pips
🔹 No sell positions unless we break the structure with a close below 143.802
🔹 If that happens, 142.00 becomes the first target
This remains a structure-led swing setup — patience is key until confirmation shows.