Gold 1H Breakdown: Top Confirmed, Trend ReversedJust price, structure, and volume — tracked in real time.
🧠 Chart Breakdown:
✅ Trend Start / Structure Reclaim — Price regained key support and moving averages with momentum. Structure flipped bullish and trend began.
⛔ Top Exhaustion — Price reached new highs but began to stall. Volume dropped, and candles began curling — signaling a loss of momentum.
⚠️ Bounce Setup — After the pullback, buyers attempted to step back in — but structure never confirmed. No follow-through = no entry.
🚨 Breakdown Trigger — Sellers regained full control. Price broke below key levels with conviction. Volume confirmed the shift.
👀 Current Move — Price is pushing into new lows. Breakdown structure remains active until proven otherwise.
Always happy to be helpful.
Trendlineanalysis
SPX Play-by-Play: From Trap to Trend and Back AgainJust price, structure, and volume — tracked in real time.
🧠 Chart Breakdown:
✅ Early Short Trap / Failed Breakdown — Sellers tried to press lower early, but price held key levels and reversed. That shift became the foundation for the entire move that followed.
✅ Breakout Long Trigger — After reclaiming structure, price drove into new highs with strong follow-through. Volume confirmed the breakout.
⛔ Top Rejection — Price pushed into resistance but couldn’t hold. Momentum faded, candles hesitated, and sellers stepped in.
✅ Fib-Based Bounce — After the pullback, price responded cleanly off fib-based support. The bounce was sharp, and volume backed it.
✅ Steady Uptrend Structure — Price moved in an orderly fashion. Small pullbacks held structure, and volume stayed supportive — a textbook controlled climb.
⛔ Range Resistance — Price returned to a previously rejected zone. Wicks and hesitation reappeared.
👀 Current Breakout Watch — Price is testing that resistance again. A reclaim with strength signals continuation. Another fade? Let it go.
Always happy to be helpful.
Bitcoin Testing 95k as Resistance TRENDLINE #Bitcoin at a CRITICAL juncture! Testing the downward trendline (double yellow) at 95K as resistance, originating from 107K in Dec.
This trendline has repeatedly rejected BTC, with multiple tests at 95K this week. Historically, rejections have led to drops to 82K support (tested 4x) or even the uptrend line at 77K (Mar/early Apr).
If BTC fails to break & hold above 95K by week's close, we may retest 82K on the 2023 uptrend (red line). BUT, if we break 95K and hold, we could target 109K, with a potential range of 125K-140K for new highs!
#Crypto #BTC #TechnicalAnalysis
Bitcoin Testing 95k as Resistance TRENDLINE #Bitcoin at a CRITICAL juncture! Testing the downward trendline (double yellow) at 95K as resistance, originating from 107K in Dec.
This trendline has repeatedly rejected BTC, with multiple tests at 95K this week. Historically, rejections have led to drops to 82K support (tested 4x) or even the uptrend line at 77K (Mar/early Apr).
If BTC fails to break & hold above 95K by week's close, we may retest 82K on the 2023 uptrend (red line). BUT, if we break 95K and hold, we could target 109K, with a potential range of 125K-140K for new highs!
#Crypto #BTC #TechnicalAnalysis
Bitcoin Testing 95k as resistance TRENDLINE #Bitcoin at a CRITICAL juncture! Testing the downward trendline (double yellow) at 95K as resistance, originating from 107K in Dec.
This trendline has repeatedly rejected BTC, with multiple tests at 95K this week. Historically, rejections have led to drops to 82K support (tested 4x) or even the uptrend line at 77K (Mar/early Apr).
If BTC fails to break & hold above 95K by week's close, we may retest 82K on the 2023 uptrend (red line). BUT, if we break 95K and hold, we could target 109K, with a potential range of 125K-140K for new highs!
#Crypto #BTC #TechnicalAnalysis
Gold - Just Half Way To The Target!Gold ( TVC:GOLD ) still has a lot more upside potential:
Click chart above to see the detailed analysis👆🏻
Over the past couple of months, we saw an almost incredible breakout rally of about +75% on Gold. However, looking at technicals, there is a quite high chance that Gold will actually rally even more and retest the next upper resistance trendline, which would mean another pump of about +75%.
Levels to watch: $4.000
Keep your long term vision,
Philip (BasicTrading)
Equity Research Flash – BEML Ltd.CMP: ₹3,242.10 | Breakout From Falling Trendline
BEML has decisively broken out of a falling trendline and is now sustaining above a key consolidation zone. With strong bullish candles, a rising RSI, and healthy volume spike, the stock signals bullish momentum. Immediate resistance lies at ₹3,420–₹3,480. Sustained move above could target ₹3,750+. 20/50 EMA crossover supports the upward trend. Traders may consider entries on dips with SL near ₹3,080.
For educational purposes only
Bitcoin - All Time Highs Are Inevitable!Bitcoin ( CRYPTO:BTCUSD ) is still massively bullish:
Click chart above to see the detailed analysis👆🏻
Despite the correction of about -30% which we have been seeing lately, Bitcoin remains in a bullish market. Even if we see another drop of about -20%, this will still just turn into a textbook bullish break and retest and either way, new all time highs will follow on Bitcoin.
Levels to watch: $70.000, $400.000
Keep your long term vision,
Philip (BasicTrading)
Gold shocks pull the trend towards the bearish side!Gold market trend analysis:
Gold technical analysis: You should have seen the exaggeration of gold, right? Gold has also experienced several major ups and downs in history, but this time is definitely one that can be recorded in the history books. The daily lines in the past few months are very exaggerated, and the rise and fall range is unprecedented. Just today's Asian market, a simple dive is dozens of points. This is the market. The market is always right. We need to respect it the most, rather than blindly look at it subjectively. Surviving in such a big market is the most important thing. Many times, the fluctuation of gold is basically not related to technicality. We try to follow the direct pursuit mode in operation, and we can catch big profits in such a big market. Last week, the weekly line closed with a big tombstone, the weekly line top appeared, and the air force appeared. In May, gold will at least adjust to around 3,000.
The above is the 4-hour pattern, which is repairing below the moving average. If the bulls break 3370 again, there is a possibility of rising again. Otherwise, gold will adjust deeply again. This wave of adjustment is at the weekly level. The daily pattern is also turning into a peaking mode. Note that the rise and fall of gold is not based on technical aspects, but more on fundamentals and big data, as well as the impact of tariffs. Without these influences, we will be bearish this week. If the decline of the big C wave continues, the target will be 3230 (the half point of the entire April rebound) in turn. 3165 is the Fibonacci 61.8 position of the callback and also the previous high point, which is easy to form a rebound. Today's gold focuses on two major suppressions, one is the hourly suppression around 3300, and the other is 3315 and 3328, both of which are opportunities for air forces. On the whole, today's short-term operation strategy for gold is to short on rebounds and to buy on pullbacks. The upper short-term focus is on the 3298-3300 resistance line, and the lower short-term focus is on the 3265-3260 support line. Friends must keep up with the rhythm. It is necessary to control the position and stop loss, set stop loss strictly, and do not resist single operation. The specific points are mainly based on real-time intraday trading. Welcome to experience, exchange real-time market conditions, and follow real-time orders.
Will the EUR/USD find support and rally or give up it's run?In this video I go over EUR/USD, GBP/USD, USD/JPY, NVDA & SPX.
With an overall bearish outlook on the U.S. Dollar, I'm watching for support to hold above 1.1200 on the EUR/USD in order to continue the rally.
Although a pullback was expected after an aggressive up move over the span of 3 weeks, this will be interesting with a good amount of economic data set to release beginning on Tuesday.
We'll see if Bulls hold up or if Bears decide to show some strength.
As always, Good Luck & Trade Safe.
Tesla - This Is Actually Not Gambling!Tesla ( NASDAQ:TSLA ) still looks quite bullish:
Click chart above to see the detailed analysis👆🏻
Just a couple of weeks ago I published a bunch of analysis, explaining all the reasons for a potential -40% drop on Tesla. However on the higher timeframe, Tesla still looks quite strong and with the bullish break and retest playing out so far, we could even see new all time highs soon.
Levels to watch: $260, $400
Keep your long term vision,
Philip (BasicTrading)
GOLD ( XAU:USD) : Potential Bearish Pennant + Correction WaveGood morning, traders.
Please note, this is Not Financial Advice (NFA) —always conduct your own research and risk management.
1. Technical Analysis
We are currently observing the formation of a potential bearish pennant, with price action consolidating between converging trendlines. This formation appears to align closely with the Elliott Wave correction structure, particularly within the A-B leg. The apex of the pennant lies just after wave (B), suggesting a potential breakdown into wave (C), completing the corrective sequence.
Should this pattern confirm, we could anticipate a continuation of the downward movement, targeting deeper support zones in line with previous wave (4) levels.
2. Trend Structure
Wave (5) appears to have completed, initiating the A-B-C correction.
The corrective leg A → B is now complete, with price action consolidating near the upper resistance of the pennant.
A breakdown below the lower support trendline could confirm wave C in motion, reinforcing the bearish outlook.
3.) Macro Environment & Market Sentiment
Recent developments from the U.S. administration have introduced uncertainty in macroeconomic policy:
Tariffs:
Former President Donald Trump has hinted at a potential rollback of the 145% tariffs on Chinese goods, acknowledging their long-term unsustainability. Treasury Secretary Scott Bessent clarified that any changes would be part of bilateral negotiations and not unilateral actions. Major U.S. retailers have raised concerns over ongoing supply chain disruptions, adding pressure to de-escalate trade tensions. However, Trump insists tariffs won’t be eliminated completely, signaling no immediate resolution.
Federal Reserve Leadership:
Trump also walked back earlier statements threatening to dismiss Federal Reserve Chair Jerome Powell, now affirming that Powell will serve out his term until May 2026 . While this move has slightly calmed markets, Trump continues to pressure the Fed to lower interest rates amid persistent inflationary concerns. Although this softening stance introduces a degree of stability, the underlying tension between fiscal and monetary authorities remains.
Nvidia - The Chart Just Told Us So!Nvidia ( NASDAQ:NVDA ) might just still head a little lower:
Click chart above to see the detailed analysis👆🏻
After Nvidia perfectly retested the previous rising channel resistance just a couple of months ago, it was quite expected that we'll see a retracement. The overall trend however still remains bullish and if Nvidia drops a little more, the overall bullrun continuation rally might just follow.
Levels to watch: $80
Keep your long term vision,
Philip (BasicTrading)
Bitcoin - This Is Just Unbelievable!Bitcoin ( CRYPTO:BTCUSD ) is not dropping at all:
Click chart above to see the detailed analysis👆🏻
After we have been seeing one of the craziest weekly drops which I have experienced in my entire trading history, all major cryptos and especially Bitcoin are strongly holding their levels. Since bullish strength continues quite often, I do expect new all time highs on Bitcoin soon.
Levels to watch: $70.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
S&P500 - The Correction Is Over Now!S&P500 ( TVC:SPX ) is retesting massive support:
Click chart above to see the detailed analysis👆🏻
Over the past couple of days, we have been seeing a quite harsh stock market "crash" with an overall correction of about -20%. However, as we are speaking the S&P500 is already retesting a major confluence of support and if we see bullish confirmation, this drop might be over soon.
Levels to watch: $4.900
Keep your long term vision,
Philip (BasicTrading)
Bearish Divergence has started appearing
Bearish Divergence has started appearing
on Bigger Tf.
Channel Top is also there.
Stay Cautious.
Sudden Spike can be witnessed till 1450 - 1500
but that would be a Risky Trade to take.
So Better to wait till the Bearish Divergence
plays & bring the price down & settle (may be)
around 1000 - 1050
Trend Support and 18M AVWAP: Our Final Stronghold📜 Field Orders – Operation: Defensive Line
Troops, listen up.
We’re falling back to our key defenses—Trend Support and the 18M AVWAP.
Hold your ground.
Do not charge.
We wait.
🎯 Your Orders:
Stand down unless support is broken cleanly with force.
If the red army pushes through and confirms—join the short side.
Enter only with structure, never emotion.
Protect your treasures—capital is your ammunition. Don’t waste it fighting in the chop.
If this is a trap, and you’re caught in it—retreat immediately.
Take the loss. Regroup. Redeploy with strength and clarity.
If we bounce here—watch for signs of a counteroffensive near the AVWAP wall.
But again—only enter with confirmation. Not hope.
UltraTech Cement Ltd is testing a strong resistance level aroundA breakout above this zone with volume confirmation may trigger a bullish move, making it a buy recommendation if it closes above ₹11,850. The next target would be ₹12,050, with a stop loss at ₹11,690. However, if the price gets rejected at resistance, it could lead to consolidation—so wait for a decisive breakout before entry.
for educational purposes only
Sudarshan Chemical Industries📊 Chart Highlights:
Current Price: ₹1,023
Fibonacci Resistance: Price is approaching the 0.618 Fib level at ₹1,027.60, which is a key resistance.
Box Range: Trading within a consolidation box (approx. ₹940–₹1,030) — currently testing the upper end of the range.
Volume: Volume is moderate; not a strong breakout candle yet.
RSI: Trending upwards, nearing overbought (above 60), positive momentum.
Heikin Ashi Candles: Showing bullish strength.
✅ Recommendation: BUY (on confirmation)
📌 Buy Entry:
Buy above ₹1,035 only on breakout confirmation with volume (i.e., daily close above ₹1,035).
🎯 Targets:
Target 1: ₹1,090 (Fib 0.786 level)
Target 2: ₹1,170 (Fib 1.0 level)
Target 3: ₹1,270 (Fib 1.272 extension)
❌ Stop Loss:
Place SL around ₹980 (just below the Fib 0.5 level and EMA cluster)
⚠️ If Rejected at ₹1,030:
Consider range trading: Sell near ₹1,030 with target ₹940–₹950 and SL ₹1,040.
Wait for a clean breakout or breakdown before taking large positions.
Bitcoin - This Is Just Wonderful!Bitcoin ( CRYPTO:BTCUSD ) creates textbook market stucture:
Click chart above to see the detailed analysis👆🏻
The entire stock market is selling off significantly but Bitcoin and most cryptocurrencies are still holding their strong levels. This is clearly a sign of bullish strength and even if we see a retest of the previous all time high, the overall uptrend remains perfectly valid over the next months.
Levels to watch: $70.000
Keep your long term vision,
Philip (BasicTrading)