BankNifty levels - May 23, 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.
* 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 successful trading endeavors!
Support and Resistance
Nifty levels - May 23, 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!
DeGRAM | EURUSD reached the upper boundary of the channel📊 Technical Analysis
● Price is capped by the H4 supply at 1.130-1.135 and the roof of a year-long downward channel; the latest test printed a bearish pin (red arrow).
● Inside, a smaller blue rising channel has just broken south—turning 1.128 into fresh resistance—and leaves room to the mid-channel support at 1.121, then the lower rail / 1.113.
💡 Fundamental Analysis
● ECB’s Villeroy repeated that a June cut is “very likely” while Fed minutes stressed rates may stay restrictive; widening yield gap revives USD demand.
✨ Summary
Fade 1.128-1.131; targets 1.121 ➜ 1.113, extension 1.106. Short view void on a close above 1.135.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
GOLD Technical Analysis - Correction Incoming?Quick summary on XAUUSD, it really resembles my previous analysis on XAUUSD.
Gold has been volatile and needs to be closely monitored. According to our earlier analysis, gold is trading within a clearly defined ascending channel, with the current action now testing the upper boundary. This level may act as dynamic resistance, and a rejection here could trigger a corrective move toward the 3,300 support area.
If buyers defend this support, the bullish structure remains intact, with potential to move back to higher levels. However, if the price breaks below this zone, a deeper pullback toward the lower boundary of the channel may occur.
Monitoring candlestick patterns and volume at this critical zone is essential to identify buying opportunities. Risk should be properly managed. Always confirm your setups and trade with solid risk control.
If you have any thoughts on this setup or additional insights, drop them in the comments!
THE KOG REPORT - UpdateRed boxes are working well allowing traders to navigate the ranges and trade the moves no matter what price.
We can see there was a break and close and the higher red box was hit, we had an EXC target up there that was shared and gave us over 400pips of capture to hit TP over night. That same box gave us a RIP for the short.
We have support here 3310 with resistance on the flip at 3320.
RED BOXES:
Break above 3320 for 3330, 3342, 3350 and 3357 in extension of the move
Break below 3306 for 3295, 3274 and 3160 in extension of the move
As always, trade safe
KOG
Unveiling Crypto Market Insights - Bitcoin Price DiscoveryGM bitcoin enthusiasts,
Yesterday, Bitcoin hit a new all-time high of $110,730 on Bitstamp, with a record daily close at $109,682. 🚀
Today, BTC is continuing its upward momentum, seemingly unfazed by resistance at the previous all-time high around the $109K level. Bulls remain in control—for now.
So the question is:
- Is this a true breakout signaling continuation of the rally?
- Or is this just a deviation above resistance that needs to cool off before making new highs?
- Could we be facing a stronger correction soon?
Curious to hear your thoughts—are you riding this wave, or playing it cautious?
P.S. There’s something poetic about Bitcoin making new highs on Bitcoin Pizza Day. 🍕 Maybe it's the perfect excuse to treat yourself to a slice and reflect on how far we've come.
#FETUSDT #4h (Bitget Futures) Falling wedge breakout and retestFetch just regained 100EMA support and looks good for bullish continuation from here.
⚡️⚡️ #FET/USDT ⚡️⚡️
Exchanges: Bitget Futures
Signal Type: Regular (Long)
Leverage: Isolated (4.0X)
Amount: 5.0%
Current Price:
0.7863
Entry Zone:
0.7806 - 0.7504
Take-Profit Targets:
1) 0.8561
1) 0.9244
1) 0.9926
Stop Targets:
1) 0.6897
Published By: @Zblaba
NYSE:FET BITGET:FETUSDT.P #4h #Fetch #AI fetch.ai
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +47.3% | +83.0% | +118.7%
Possible Loss= -39.6%
Estimated Gaintime= 1-2 weeks
Learn Best Candlestick Pattern For Trend Trading Gold XAUUSD
This secret pattern will change the way you trade Gold XAUUSD.
If you study technical analysis in Gold trading, there is one unique candlestick pattern that you absolutely need to know.
In this article, you will learn the structure and the meaning of one of the most accurate candlesticks in Gold trading.
I will teach you how to recognize this pattern and how to trade it for maximum profits.
Let's start with some theory and let me show you how this candlestick pattern looks.
This candlestick pattern is called inside bar.
It is based on a combination of at least 3 candles.
The first candlestick in a sequence should be a strong bullish or bearish candle. The consequent candles should strictly close within its range.
If at least 2 candles close within the range of the first candle with its bodies, that will be a valid inside bar.
The first candle will always be called the mother's bar , while the following candles will be called the inside bars.
That's a perfect example of the inside bar pattern on Gold XAUUSD chart on a daily.
This pattern is based on 2 important elements that you should always pay close attention to.
The upper boundary of the range of the mother's bar will compose a significant resistance that will provide a safe place to sell.
While the lower boundary of the range of the mother's bar will be a strong support to buy Gold from.
Look how nicely Gold price respected the resistance of the range, dropped to its support and started to grow then.
Once you identified the inside bar, you can easily trade it within the range.
However, I strictly recommend waiting for a confirmation signal before you place a trade.
One of the proven confirmations is a price action signal on lower time frames.
In the example above, Gold formed a bullish chart pattern - double bottom after a test of a support and a bearish pattern - head and shoulders after a test of a resistance.
Remember that the market can not stay within the range of the inside bar candlestick pattern forever.
Bullish violation and a candle close above the range will be a strong signal to buy Gold.
While, a bearish breakout of its range will provide a strong bearish confirmation.
That's how a breakout of the underlined resistance triggered a strong rally on Gold.
Inside bar is the essential pattern both for the gold swing traders and day traders.
This pattern provides a lot of profitable trading opportunities, being very simple to recognize.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
BTC Macro Cycle Still Intact Key Retest Zone Before Final LegBTCUSDT has sustained a well structured bullish formation since early 2024, consistently reacting to key trendline levels with precision. The initial major impulse started from the $38,545 region, rallying towards the $73,660 high, where the market faced rejection and confirmed a critical resistance zone. Several retests followed within the upper structure, with each rejection forming part of a larger consolidation before a decisive breakout occurred.
The most recent breakout above the $101K mark has confirmed renewed strength and continuation of the bullish cycle. We now expect a projected retest between the $106K–$110K zone, which should serve as the springboard for the next impulsive move. If this retest holds, the setup remains valid, and the bullish leg is expected to extend towards the confluence resistance zone around $123,420, $136,000, and $149,450. This upper range is likely to act as the final target area for the current cycle before any significant macro correction sets in.
The most strategic re-accumulation opportunity lies around the $100,000–$101,000 region, which aligns with the anticipated retest zone and key structural support. A successful hold in this range could offer a high probability entry ahead of a strong continuation move.
Feel free to share your insights on this setup. Let's engage in the comments and grow together. Your likes and support are greatly appreciated.
Thank you for taking the time to go through this!
Break & Retest Idea on Gold M15Price is showing signs of bullish reaction from demand zone around 3320–3324 after a deep pullback. Current plan is to wait for a clean break above the short-term resistance (gray box), then look for a retest and confirmation to enter long toward 3341 target. Watch price action closely at 3331 area — confirmation candle or bullish structure here will be key.
Gold Analysis One Hour Time Frame
One hour time frame I still expect an increase to hit the ceiling of the descending channel, even if it breaks this ceiling with a shadow... For today, the support areas and the important area of FVG, whose center is marked, are important support points that can be seen and triggered by Bayer to continue on the path.
CADCHF: Bearish Continuation After BreakoutCADCHF appears to be in a bearish trend following a retest of a recently breached daily key horizontal support, along with a confirmed breakout of a support line of a bearish flag pattern.
On the 4-hour chart, a descending triangle pattern was formed, and the neckline has been broken.
There is a strong likelihood that the price will continue to decline, potentially reaching at least 0.5902 before hitting the support level.
The unilateral offensive is fierce: the bulls have clear goalsGold is performing strongly sideways. We are in the same rhythm as yesterday and continue to maintain bullishness. Gold broke through the key resistance of 3280 on Tuesday and then rose strongly. It is currently above the area near 3330. The technical side shows that the bullish trend continues. The next target may point to the high of 3400. After rising continuously on Monday and Tuesday, it slightly adjusted back to around 3285 on Wednesday and stabilized before rising again. The daily line closed positive and stood firmly on the middle track. The Bollinger band opened upward, and the upper track pressure was at 3400, suggesting that the medium-term upward space is open. The Bollinger band opened significantly, the moving average was arranged in a bullish pattern, and the upward momentum was strong. Short-term support focuses on the moving average at 3315. If the correction does not break this position, the trend long order can follow up. If the key resistance of 3350 is effectively broken, it will further open up the upward space.
Gold operation suggestions: continue to go long after stepping back to 3320-3315, with a target of 3350. If it rises to around 3350 without breaking, you can arrange short-term short orders, with a target of 3330.
LTCUSD has formed a head and shoulders bottomOn the daily chart, LTCUSD has formed a head and shoulders bottom pattern, and the short-term market is dominated by bulls. At present, attention can be paid to the resistance near 107.0. If it breaks through, it is expected to continue to rise, and the upper target is the previous supply area of 123.6-140.0.
Flexible response is the best strategyGold rose sharply in the morning and continued to rise slowly during the day. Because of the divergence of indicators in the short cycle, it is difficult to exert further force. Today's market has been fluctuating between 3285 and 3320. In the evening, we will first look at the space for decline and repair, and then fall back to accumulate strength to stabilize and attack. The lower support will remain at 3285-3280, and then look at the low point of 3274. The upper resistance level will look at the existing high point of 3320. If it breaks through 3320, then pay attention to around 3345. Short positions will be entered when the pressure situation is met. Continue to remain bullish in the evening. In terms of operation, wait for a decline and gradually look up to 3320 and 3345.
Gold operation suggestions: go long on gold around 3290-3285, and look at 3315 and 3325.
Huge crash for Usdt Dominance Ignore the smaller Time frames guys let's see the bigger and better picture of where BTC can top this cycle
As you can see i have shared the Monthly Chart of USDT Dominance.
It's already broke the trendline support and rising channel on monthly. NOW we are heading to our targets of approx 1.91% and 1.5%. It seems like a joke today but yes it's possible. Ignore the 4h charts and total mess that people are showing. Hold Tight and Enjoy the ride.
Let's see where btc price can go if USDT dominance hits our targets.
If USDT dominance drops to 1.91% we can see Btc at range of 220000$ - 250000$
If USDT dominance drops to 1.51% we can see Btc at range of 250000$ to 350000$
Yes it's possible.
Wait and watch enjoy the ride you can exit anywhere you want it's not a financial advise.
But exiting too early after a long wait will be a regret.
👍 Regards Trader Scorpio ♏
Supply and Demand Zones 5/21/25 $NQLink to chart: www.tradingview.com
Bearish: If we break Asia Highs and tap into the 15MIN Supply above (even push up to 21300), then a rejection to break lower into 30MIN demand to take PDL of NY session 5/21 and final target of 5/13 NY low at 20972.75.
Bullish: If we break and hold above the 15MIN supply above (and break and retest holding over 21300 12AM London Open from 5/21), then target longs to reclaim target area of ~21415. This target is based on how past price action from 5/15 and 5/19 responded when we reached into the current level we are in, and bounced back TO roughly 21415 before hitting stronger resistance/rejection.
Keeping note that on the 4HR frame we failed to break the 4HR supply above and we just created a new lower low/high now.
USDX retesting demand ZONEcan dollar strength return around here over next little while?!
TDA
D1 W1 DEMAND ZONE of interest
price structure building upside move by confluenced levels of lTF's
can price shake the tree to downside sure and go lower deeper into w1 demand yes times frame dependent of this set up
- to play out is a few weeks for completion.
USD/CAD: A 4H Technical and Fundamental AnalysisUSD/CAD: A 4H Technical and Fundamental Analysis
Technical Insight:
The USD has recently weakened, reaching a two-week low against the CAD—a move driven largely by mounting U.S. fiscal concerns.
On the USD/CAD 4-hour time frame, we observed a minor key resistance at 1.3900 and support at 1.3850, the latter of which has already been broken. Following the breakout, price has entered a post-breakout accumulation phase—a typical institutional behavior where orders are layered before a decisive move.
Currently, price appears to be hunting for liquidity—a common market dynamic where early breakout traders are flushed out. There are two zones of interest:
1️⃣ First liquidity pool just above the broken support
2️⃣ Final liquidity pool above key resistance at 1.3900
Should price trigger the second zone, it could present a more strategic area for market participants to reassess positioning based on a favorable risk-reward structure.
📍 Area of Interest (AOI):
The area of interest lies around 1.38830, just below the key resistance and close to the potential liquidity sweep zone. This zone becomes relevant if price hunts the liquidity above the recent high (1.3900) and shows signs of rejection or exhaustion.
🛡 Risk Perspective (Stop-Loss Idea):
From a risk management viewpoint, institutional traders would likely place invalidation levels just above 1.39180, which sits beyond the anticipated liquidity sweep and is considered the upper bound of the stop hunt zone.
🎯 Profit Perspective (Target Idea):
A reasonable profit zone, based on structure, could be placed near the next minor support around 1.38180, where price last found buying interest prior to the breakout.
Fundamental Overview:
Credit Downgrade: Moody’s has downgraded the U.S. credit outlook, raising alarm over rising national debt and fiscal indiscipline.
Treasury Weakness: A poorly received 20-year Treasury auction signals waning investor confidence, pushing yields higher.
Shift in Sentiment: As uncertainty grows, capital is flowing into alternative assets like Bitcoin and gold, both hitting fresh highs—an indication of reduced trust in the dollar’s safe-haven status.
On the flip side, the Canadian dollar (CAD) continues to gain ground:
📈 Why the Loonie Is Rising:
Political Stability: With Mark Carney stepping in post-Trudeau, investor confidence has strengthened amid expectations of prudent fiscal management.
Steady Monetary Policy: The Bank of Canada is expected to maintain current interest rates, reinforcing CAD's appeal.
Stronger Trade Outlook: Ongoing efforts to diversify trade and resolve disputes have contributed to CAD resilience.
📌 Disclaimer:
This is not financial advice. As always, wait for proper confirmation before executing trades. Manage your risk wisely and trade what you see, not what you feel.
Hang Seng Futures: Bulls Need 23,600 to StickIf Hang Seng futures continue to bounce from 23,600, it sets up a decent long opportunity with the price trending higher and momentum indicators and moving averages still favouring dip buying. The price is currently taking a peek beneath the level.
If it can rebound—as seen earlier in the session—longs could be considered above 23,600 with a stop beneath the session low for protection. Wednesday’s high of 23,884 stands out as a potential target, with a break above that opening the door to a retest of 24,050 resistance.
Failure to reclaim 23,600 would invalidate the setup.
Good luck!
DS