Nifty 50 Long-Term Outlook: Bullish or Bearish ?NIFTY 50 VIEW :
KEY PONITS AND CONFIRMATIONS :
Monthly - Uptrend ( Higher Low )
Weekly - Take Support at 22500 - 22750
Pattern - Falling Wedge Formed
Indicator - RSI - 30 Level Maintain . Chance to buy
SETUP :
Wait for Pattern Breakout and 23800 Resistance Level.
More details and Level noted the chart .
Thank you , Happy Trading ...
Techincalanalysis
Crypto Market Is Trying To Resume Its Bullish TrendBitcoin remains under intraday bullish pressure with room for more gains, especially if we consider that NASDAQ100 is still pointing higher. So, seems like risk-on sentiment is still here and we should be aware of a bigger recovery in the Crypto market, even because of the USdollar that shows strong bearish momentum. Crypto TOTAL market cap chart looks to have a completed wave (2) correction and it's actually just about to break channel resistance line which confirms that wave (3) is in progress. Can ALTcoins follow Bitcoin soon?
#ARCUSDT - Monitor this asset closely📈 LONG BYBIT:ARCUSDT.P from $0.25588
🛡 Stop Loss: $0.24176
⏱️ 1H Timeframe
✅ Overview:
➡️ BYBIT:ARCUSDT.P has broken out of a Falling Wedge pattern and is following an upward trend.
➡️ The POC (Point of Control) at $0.24041 confirms liquidity in this zone, potentially acting as strong support.
➡️ The key resistance is at $0.25588; if the price holds above this level, it may lead to further gains.
➡️ Increased volume signals strong buyer activity and a high probability of continuation.
⚡️ Plan:
➡️ Important: Set an order in advance to ensure execution when the price reaches the entry level!
➡️ Enter long above $0.25588.
➡️ Stop-Loss placed at $0.24176 for risk management.
🎯 TP Targets:
💎 TP1: $0.26618
🔥 TP2: $0.27640
⚡️ TP3: $0.28670
🚀 BYBIT:ARCUSDT.P - Monitor this asset closely!
🚀 Place your order in the listing so that it executes automatically when the breakout occurs.
GBPJPY an overviewSharing a recent trade on GBPJPY that highlights the effectiveness of support and resistance levels in trading. After analyzing the chart, I identified a strong support zone where price had previously reversed. I entered a buy position near this level, anticipating a bounce. The trade played out as expected, with price moving upward and hitting my target near a resistance zone. I closed the trade with a profit close to 96%.
This example underscores the importance of:
1. **Identifying Key Levels**: Support and resistance zones are crucial for planning entries and exits.
2. **Patience and Timing**: Waiting for price to confirm at these levels increases the probability of success.
3. **Risk Management**: Always define your stop-loss and take-profit levels before entering a trade.
Sharing this for educational purposes to help traders understand how price action and level-based strategies can be applied effectively. Let me know your thoughts! #TradingView #GBPJPY #SupportResistance #PriceAction #ForexTrading
Mon 17th Feb 2025 AUD/CHF Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a AUD/CHF Sell. Enjoy the day all. Cheers. Jim
SPY - 2 months CUP & HANDLE══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
═════════════════════════════
⚠ DISCLAIMER ⚠
Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk.
═════════════════════════════
BMW - 5 months HEAD & SHOULDERS══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
═════════════════════════════
⚠ DISCLAIMER ⚠
Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk.
═════════════════════════════
BABA - 34 months SYMMETRICAL TRIANGLE══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
═════════════════════════════
⚠ DISCLAIMER ⚠
Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk.
═════════════════════════════
6501 - 4 months RECTANGLE══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
═════════════════════════════
⚠ DISCLAIMER ⚠
Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk.
═════════════════════════════
COL - 4 months CUP & HANDLE══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
═════════════════════════════
⚠ DISCLAIMER ⚠
Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk.
═════════════════════════════
ALKS - 40 months RECTANGLE══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
═════════════════════════════
⚠ DISCLAIMER ⚠
Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk.
═════════════════════════════
BNB ANALYSIS ( UPDATE ) 📊 #BNB Analysis : Update
✅As we said earlier, #BNB performed same. Now we can see that #BNB is trading around a major support area and following a trendline. We could expect around 10% bullish move if it sustain its major support area
👀Current Price: $673
🚀 Target Price: $745
⚡️What to do ?
👀Keep an eye on #BNB price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#BNB #Cryptocurrency #TechnicalAnalysis #DYOR
BTC at a Crossroad, Is the Drop to $91K Closer Than You Think ?A few days ago, we accurately predicted the market movement before anyone else. The price rebounded from the trendline, fell to the resistance level that aligned with the resistance zone, and eventually broke through it.
Following this breakout, the price continued to decline, even breaking through the support level before quickly reversing. After the reversal, the price surged sharply to the resistance zone but soon began to fall again, breaking through the 100,500 resistance level in the process.
Later, Bitcoin dropped to the support level, which coincided with the support zone, and made an attempt to rise. However, it failed and pulled back to the 94,800 support level, where it traded for some time before bouncing back to the trendline.
Recently, the price turned around and resumed its downtrend.
Currently, I anticipate Bitcoin will rise to the trendline and then eventually fall below the support level. For this scenario, my target is set at 91,000, which lies below the support zone.
For more free strategies and trade updates, feel free to message me!
#ADAUSDT Approaching Key Resistance – Breakout or RejectionBYBIT:ADAUSDT.P is showing strong bullish momentum, breaking above the $0.8150 resistance zone. Volume is increasing, confirming buyer interest, and the price remains above POC $0.7848, supporting the uptrend. However, the next move will depend on the reaction at $0.8190.
📊 LONG BYBIT:ADAUSDT.P from $0.8190
🛡 Stop Loss: $0.8085
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:ADAUSDT.P is testing the upper boundary of its recent range, attempting to hold above $0.8150.
➡️ Buyers are active, but confirmation of the breakout is still needed.
➡️ Holding above $0.8190 would increase the likelihood of reaching $0.8410.
⚡ Plan:
✅ Long confirmation requires a breakout above $0.8190 with strong volume.
✅ If volume decreases, a pullback to $0.8085 is possible before further upside.
✅ Another option is a retest of $0.8150 before a new breakout attempt.
🎯 Take Profit:
TP1: $0.8410 – next resistance level.
🚀 BYBIT:ADAUSDT.P is gaining strength — expecting a test of $0.8410!
⚡ Best approach – watch price reaction at $0.8190. If price holds above this level, the long trade remains valid. If weakness appears, a pullback to $0.8085 is likely.
⚡ Key rule – wait for confirmed breakout before entering, don’t anticipate it!
#AIXBTUSDT: Get Ready for a Breakout! Short Still the Priority?BYBIT:AIXBTUSDT.P is showing significant weakness after a prolonged downtrend, and now the market is at a critical level. Buyers failed to initiate even a minor rebound, indicating strong selling pressure.
🔎 Key Factors Right Now:
✔ Current Price: $0.23480
✔ Daily Change: -10.76%
✔ Key Levels:
🔹 Resistance: $0.38080, $0.31670
🔹 Support: $0.22063
━━━━━━━━━━━━━━━━━━━━━━
💡 Main Signals Influencing the Market:
📌 No rebound after the drop – the lack of buying pressure increases the chances of further decline.
📌 Empty space ahead – below $0.2206, there are no strong support zones, meaning a sharp drop could follow.
📌 Closing near a critical level – price remains at risk, increasing the likelihood of a breakdown.
📌 Breakout from consolidation – the asset has left its range, signaling the potential formation of a new trend.
━━━━━━━━━━━━━━━━━━━━━━
📉 Main Scenario: Continued Decline
🔻 If BYBIT:AIXBTUSDT.P breaks below $0.2206, the market may accelerate downward:
✅ Target 1: $0.2100 – the nearest technical support.
✅ Target 2: $0.1955 – a zone where a short-term bounce could occur.
✅ Target 3: $0.1780 – a major support level where stronger buyer resistance is expected.
📢 Short remains the priority as long as price stays below $0.2300.
A breakdown of $0.2206 could trigger liquidations and accelerate the drop.
Be cautious with long positions – there are no strong reversal signals yet.
━━━━━━━━━━━━━━━━━━━━━━
🟢 Alternative Scenario: Bullish Reversal
If BYBIT:AIXBTUSDT.P holds above $0.2300 and starts to recover, potential targets include:
✅ Target 1: $0.2700 – a local resistance zone.
✅ Target 2: $0.3167 – a level where a pullback is likely.
✅ Target 3: $0.3800 – a key resistance, breaking which could change the overall trend.
📢 A long entry is only valid if price holds above $0.2400.
Reversal confirmation requires an increase in volume and stability above $0.2500.
📢 As long as the price is below $0.2300 – long positions remain risky.
Conclusion : Critical Moment! Be Ready for a Sharp Move!
📌 BYBIT:AIXBTUSDT.P is at a make-or-break level – any move could lead to an explosive price shift.
📌 Sellers remain in control, but if $0.2300 holds, an unexpected rebound could happen.
📌 Short remains the main scenario, unless price successfully stabilizes above $0.2400.
🚀 Get ready for a major move! Watch $0.2206 closely – this level will determine BYBIT:AIXBTUSDT.P is next direction! 🔥
#TRBUSDT remains bullish📈 LONG BYBIT:TRBUSDT.P from $38.35
🛡 Stop Loss: $38.00
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:TRBUSDT.P is in a strong uptrend, breaking the key $38.35 resistance level.
➡️ POC (Point of Control) at $34.47 indicates the highest liquidity zone far below the current price, confirming strong buyer support.
➡️ The price has broken through the $38.30 area and is consolidating above, opening potential upside toward $39.30.
➡️ If the price holds above $38.35, bulls may continue pushing towards target levels.
⚡ Plan:
➡️ Enter long after confirmation above $38.35, signaling a bullish continuation.
➡️ Risk management via Stop-Loss at $38.00, placed below the support zone.
➡️ Primary upside targets:
🎯 TP Targets:
💎 TP1: $38.90
🔥 TP2: $39.30
🚀 BYBIT:TRBUSDT.P remains bullish—expecting further upside!
📢 BYBIT:TRBUSDT.P shows strong buying momentum, breaking key resistance levels.
📢 If $38.35 holds as support, the probability of reaching $39.30 increases.
📢 However, if the price drops below $38.00, a pullback to lower levels may occur.
GOLD Key Levels: Where To Take Profit?
Hello,Traders!
GOLD is trading in a strong
Uptrend and as we are will
Be expecting the price to hit
The strong supply supply
Area around 3000$
From where some traders
Might wanna take some profits.
A correction by 7% from the
Resistance above is likely
With the retest of the
Horizontal demand area
Around 2790$
After the correction the
Uptrend will likely continue
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
#NIFTY Intraday Support and Resistance Levels - 11/02/2025Today will be gap up opening expected in nifty near 23400 level. After opening if nifty sustain above 23350 level then possible upside rally upto 23500 level. 23500 will act as an immediate resistance for today's session. Expected downside from this level. Major downside expected in nifty below 23300 level.
Tue 11th Feb 2025 GBP/USD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/USD Sell. Enjoy the day all. Cheers. Jim
Todays Best Performer - DellNYSE:DELL
Scanning through the market today I found some good looking price action in the tech sector. Dell Computers along SMCI ,TSLA, and PLTR where also some big movers today. I look for what price action is the most clean for entry and exit points. Yes, other stocks may have returned more than Dell Computers today. However according to this chart, some great opportunities presented themselves.
NVDA, AMD, and others began to stall out coming into lunch. Out of my surprise DELL had some decent areas of high volume leading into the lunch hour. On the initial pullback after 10AM price setup beautifully at the 0.382 Fibonacci level. At Approximately 11:30 Dell gave you a confirmed breakout move back above the KMA and RSI.
Price Quickly closed above the 0.618 measurement of the most recent pull back indicating strong momentum to upside.
Price Topped out at the 3.00 Fib level from the initial morning pullback, closing the day just near by. A beautiful opportunity to add to a winning position also occurred after a secondary pullback, holding the moving average. Its all in the Fibs. Let the market show you what it wants to do!
Key Points
Use the Fibonacci levels on the Retrace
Scan Heat-maps for Volatility changes
Price will show you good opportunities to trade
Only trade whats best and fits your strategy
Paper trade your ideas, practice finding setups, than perfect them!
#ATOMUSDT further bullish movement📈 LONG BYBIT:ATOMUSDT.P from $4.842
🛡 Stop Loss: $4.800
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:ATOMUSDT.P is bouncing off key support at $4.800, confirming buying interest.
➡️ The price has broken through $4.842, which could trigger further bullish momentum.
➡️ POC is positioned lower, suggesting strong volume accumulation below, reinforcing the bullish trend.
➡️ Primary upside target: $4.905, followed by $4.960 if momentum continues.
⚡ Plan:
➡️ Enter LONG from $4.842 if price holds above this level.
➡️ Manage risk with Stop-Loss at $4.800 to protect against sudden reversals.
➡️ Main upside targets:
🎯 TP Targets:
💎 TP1: $4.905 — first resistance, potential profit-taking level.
🔥 TP2: $4.960 — next strong level for possible exit.
📢 If the price holds above $4.842, further upside toward $4.905 and $4.960 is likely.
📢 However, if it drops below $4.800, the bullish setup may be invalidated.
🚀 BYBIT:ATOMUSDT.P Expecting further bullish movement!