The chart represents the Nifty 50 Index (NSE) on a daily (1D) timeframe. Here are key observations and insights: Current Market Analysis (Price: 23,688.65) • Resistance Levels: • 23,791.40: Immediate resistance. • 24,552.15: Strong resistance zone. • 25,126.85: Key upper resistance. • 27,090.40: Major long-term resistance. • Support Levels: • 23,366.80: Psychological support. • 22,303.85 (0.236 Fib retracement): Moderate support. • 21,646.20 (0.382 Fib retracement): Strong support. • 20,505.45 - 20,296.05: Major long-term support. Breakout Possibility • The index is currently trying to break out above the resistance of 23,791.40. • If it successfully closes above this level, it could test 24,552.15 next. • A strong breakout above 25,126.85 would signal a bullish trend continuation. Support Analysis • If the price fails to sustain above 23,791.40, it might retest 23,366.80. • A break below 22,303.85 could trigger a further decline to 21,646.20 or lower. Conclusion • Bullish Scenario: If Nifty sustains above 23,791.40, it could see further upside towards 24,552.15 and beyond. • Bearish Scenario: If Nifty rejects at resistance, it might pull back towards 23,366.80 and lower.
After reaching the resistance level of 89,000 yesterday, BTC started to decline. However, the upward trend is already very obvious. After the decline, continue to take a long position. Today's trading strategy for BTC: btcusdt buy@85000-85500 tp:87000-88000 Currently, my account balance has grown from an initial $40,000 to $900,000 in profits. I will share accurate trading signals every day, and you have the option to copy my trading orders. If you're interested in getting these signals, you can click on the link below this article.
GBPCHF: Waiting for Breakout to Show Price Direction GBPCHF takes a complex shape that is not often observed in pairs like GBPCHF. The price shows both trading opportunities from this triangle pattern. Another problem is related with the market volume that we had soft events yesterday and today and many charts are in correction. Only the breakout above or below the triangle pattern where GBPCHF is accumulation will show how we can trade GBPCHF. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Hello everyone. Yesterday, EURUSD experienced a significant price liquidation, dropping to 1.0800 and closing at the lowest level of the week. This correction occurred as the US Dollar (USD) regained momentum, with the US Dollar Index (DXY) pushing further above the 104.00 mark as investors continued to monitor the latest developments surrounding tariffs. With the current price structure, I still prioritize a selling strategy, especially as long as it remains below both the EMA 34 and EMA 89 lines, the main trend remains downward. Pay attention to the support level at 1.0870, from which there is potential for a breakdown and further price decline. Wishing you successful and profitable trading!
If breaks 194.194 then could re-test demand zones below. Both visible on the 1H chart. Extreme demand zone at days low saw a very bullish candle so likely a good place to aim for. Could take short from 194.194 intraday if breaks and forms new LL
Description: ✅ SWSOLAR is showing strong bullish potential after a deep correction of 73% from its recent high of ₹824 (May 2024). The stock is currently trading at ₹255, and based on my analysis, momentum is shifting towards an upward move. ? Key Observations: Historical Price Action: Listed in August 2019, with an all-time high of ₹753 before the COVID low of ₹69. Technical Confirmation: The price has tapped and swiped a key monthly POI and is now showing signs of a reversal. Lower timeframe confirmation suggests bullish momentum. ? Entry Strategies: 1️⃣ High-Risk, High-Reward Entry: Watch for a liquidity sweep of ₹232. Best Entry Zone: ₹228–₹223 (1-Hour POI). Stop Loss: ₹210–₹205. Why? Small stop-loss with a high reward potential. 2️⃣ Breakout Entry (Confirmation-Based): If the stock consolidates and breaks above ₹270, enter after confirmation. Stop Loss: Will be wider in this case. ? Targets: ✅ Target 1: ₹295 ✅ Target 2: ₹341 ✅ Target 3: ₹450+ ? ? This setup is suitable for BTST, swing trading, and long-term investment, depending on entry execution. ⚠️ Risk Management: Proper entry is key! Following an entry module ensures an optimal risk-reward ratio. Always analyze before investing! ? What’s your view on SWSOLAR? Are you bullish too? Let’s discuss! ?? Thanks for your support. - Make sure to follow me so you don't miss out on the next analysis! - Drop a like and leave a comment! Lets chat in the comment section. See you there :) https://www.tradingview.com/x/f2WZWQ5r/
After the gap is filled (27), we should see a swing movement back towards the current trend levels. The only object in the way of bearish sentiment is likely the catalyst to exceed expectations, which could be short-lived. Either way, we expect a bullish session only to concede to the continuing pattern of a downtrend swing into the teens. Very cautious!!!
Good day traders, today we just confirming the weekly bias on GBPAUD(sell) On the 4 hour TF we saw yesterday the market opened with a jump lower creating a volume imbalance which later we saw price revisiting those levels and for the most part of the day, price was trading around the VI and closed the day below the VI. For today we expecting price to close the day lower meaning todays bias is bearish, we want to see it atleast before the end of this week for price to have taken last week Thursday's low.
Gold is still trading within the range of 3000-3030. You can just trade within this range until a breakthrough of the trading range is made. Today's trading strategy for gold: xauusd sell@3025-3030 tp:3015-3005 Currently, my account balance has grown from an initial $40,000 to $900,000 in profits. I will share accurate trading signals every day, and you have the option to copy my trading orders. If you're interested in getting these signals, you can click on the link below this article.
Hello Guys Here Is Chart Of USDJPY in 1-H AT Entry Limit: BUY Around 150.000 SUPPORT: 150.000 - 149.600 Target Will Be : 151.300 This analysis R&S the price respects the Support zone.And it went to Uptrend