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Candlestick Analysis

S&P ES Short setup target 5811 / Put SPY target 574Fibonacci technical analysis : S&P 500 E-mini Futures ( CME_MINI:ES1! ) has already found resistance at the Fib level 78.6% (6057.75) of my Down Fib. Last Daily candle (Jan 7) has closed below retracement Fib level 38.2% (5963.75). My Down Fib guides me to look for CME_MINI:ES1! to eventually go down to hit first target at Fib level -27.2% (5811.50). S&P CME_MINI:ES1! – Target 1 at 5811.50, Target 2 at -61.8% (5731) and Target 3 at -78.6 (5691.75) Stop loss slightly above the 50.0% retracement Fib level (5991.25). Option Traders : My SPY AMEX:SPY chart (Down Fib from 602.48 to 580.50) shows price to go down to Target 1 at -27.2% (574.52), Target 2 at -61.8% (566.92) and Target 3 at -78.6 (563.22) Stop loss slightly above the 50.0% retracement Fib level (591.50).
CME_MINI:ES1!Short
by rose_excellence
Nasdaq NQ Short setup target 20,677 / Puts XND target 205.18Fibonacci technical analysis: Nasdaq 100 E-mini Futures ( CME_MINI:NQ1! ) has already found resistance at the Fib level 78.6% (21,870) of my Down Fib. The January 8th Daily candle has closed below retracement Fib level 38.2% (21,414.50), and today’s Daily candle (Jan 8) has re-tested 38.2% resistance level further confirming sell signal. My Down Fib guides me to look for CME_MINI:NQ1! to eventually go down to hit first target at Fib level -27.2% (20,677). Nasdaq CME_MINI:NQ1! – Target 1 at -27.2% (20,677), Target 2 at -61.8% (20,287) and Target 3 at -78.6 (20,097) Stop loss slightly above the 50.0% retracement Fib level (21,547.50). Option Traders : My NASDAQ:XND chart (Down Fib from 218.38 to 208.00) shows price to go down to Target 1 at -27.2% (205.18), Target 2 at -61.8% (201.59) and Target 3 at -78.6 (199.85) Stop loss slightly above the 50.0% retracement Fib level (213.19).
CME_MINI:NQ1!Short
by rose_excellence
S&P 500: Recent ventures below 5900 have not last longRecent ventures below 5900 have not last long, as demonstrated by the string of long downside wicks on the dailies in November and December. With a pin candle printing Monday following a bounce off 5808, a close above 5900 on Tuesday would generate a bullish setup heading into Wednesday’s inflation report. If the price can push through 5900, longs could be established above with a tight stop beneath for protection. The 50-day moving average and downtrend running from the record highs are two potential targets. Of note, RSI (14) has broken its downtrend, hinting bearish momentum may be starting to shift, although the signal is yet to be confirmed by MACD which continues to trend lower. Good luck! DS
CME_MINI:ES1!Long
by FOREXcom
Monday Moves: Pin Bar CluesWe’re working off last week’s range. Typical Monday vibes today—hit the 1.02 level, took profit on the open trade, and printed a solid pin bar rejection. That’s a clear signal we could see some upside movement brewing. Still, the data’s thin right now, and this market isn’t ready to give up all its secrets. I’ll keep an eye on the New York session, but the real game starts at 5 p.m. No rush—patience is the play. Let the market show its hand. Follow me on TradingView for the complete walkthrough.
by PointOneFx
50:50 ON NQ When CE IS hit at 2104.5 *SMC*Smart Money Concepts are the opposite of retail trading. Theres not short term resistance or Support. Why? Market makers will smash through those arease causeing the retail traders to lose on boths sides. So you have to think lie a market maker. So my Synopsis 1. It reaches the 1 hour FVG Above between 1:-1:30.(20,900?) Then its gonna start to It starts run down, and fall below the the short term liquidity level at 20,6950.25. (Target 1 I'm Taking 40%) The make its way down into the fairly big 1HR FVG. Those of us holding the NAS ETF's want to see it hit that consequential encroachment and leave room so it will star moving up faster. If it hits CE, I'm taking 30%, maybe 35%. Thats A smart Money Concept Possibility. 2. However th eway the daily bias has been going south and theres equal lows just below 20, 315. And hopefuly if it does get that low, thats the end of the day. ANd the we have the rest o the week to come back. SMC Inversion FVG AT 20945 SMC Drop below and takes out retail liquidity CE is where we start to pay attention on the next dirction, If it hits CE. MY BREAK EVEN IS 20, 600 WAIT O EE WHAT 2-3 PM BRINGS US CME_MINI:NQ1! PEPPERSTONE:NAS100 FX:NAS100 IG:NASDAQ Possible? Good luck
CME_MINI:NQ1!Short
by BodiesXWix
1
GBPJPY Update: A Short-Term Pullback or a New Opportunity?In this breakdown, we revisit GBPJPY to analyze the recent price action and map out potential trading opportunities. Here’s what we’re seeing: 📊 Key Highlights: • Range-Bound Market: GBPJPY continues to play within a range, oscillating between the 198.00 and 189.90 levels, with liquidity being swept on both ends. • Volume Surge: Recent spikes in volume suggest that the market may soon make a decisive move, but we’re waiting for the market to show its hand. • Short-Term Longs: Took advantage of a pullback and entered a buy position at 190.96, currently 56 pips in profit. Stops are now at break-even, and we’re closely watching the 192.90-193.90 zone for potential reversals. • Next Steps: Monitoring for rejections in fair value gaps and signs of bearish continuation. A strong rejection around the marked zones will signal the next shorting opportunity. While the pair remains range-bound, the liquidity sweep and volume patterns indicate potential for short-term longs and eventual shorts. With the market gearing up for volatility, this is a great time to stay vigilant and take calculated moves. The liquidity surge and upcoming economic events—especially with political changes on the horizon—make this a unique time to capitalize on currency volatility. Are you ready for what’s next? Join the discussion, share your thoughts in the comments, and don’t miss out on this detailed breakdown of GBPJPY. Let’s trade smarter in 2025!
Long
by BlueOceanFxAcademy
13
Daily Market Review and Analysis for BTC: January 13, 2025BTC (2h) The price scenario from my review of January 8, 2025 was implemented. As expected, the #BTC price after several days of manipulation in the sideways channel ($91,160 - $95,800) eventually removed the sellers' liquidity at $90,500 and approached the next liquidity pool at $88,722. Thus, the almost 5% drop in price was also worked out. Now, regarding the further price movement: – #Bitcoin will most likely strive for the level of $96,258. This is the nearest point of interest (POI). – Further, if the price consolidates at this level, it is possible to move up to the middle of the 4-hour gap ($ 99,443) and then roll back down to remove liquidity at the level of $ 88,722. In other words, we are now entering the phase of another manipulation of the tops, the end result of which will be another fall in the price. An alternative to the above is a continuation of the downward movement with a highly probable withdrawal of liquidity to the $85,000 mark. An important point - despite the fact that globally we are in a bull market, we should not forget that the price is currently undergoing a correction. Thus, the fundamental level at the bottom in the middle of the weekly gap ($ 85,000) after breaking through the level of $ 88,722 should also not be ignored. I will confirm that in order to reach the next historical maximum (ATH), Bitcoin will need to clear the sellers' liquidity pool levels at $ 88,722 and $ 85,000 in the medium term. In particular, there is an even more gloomy scenario for Bitcoin based on candlestick analysis. I'll write about this in tomorrow's review.
Short
by alihuseyn
Dollar Vs INR: Dollar clearly Overbought as of now. Dollar Vs Rupee: Dollar is at 87. Major breakout from the zone but one interesting point to note is the RSI. Relative Strength Index is above 90. Near 91 in fact. These are unsustainably overbought levels. We will see a proper deep correction there sooner than later. Once the Dollar starts to correct, Nifty will not remain bearish. Anyone who understand RSI will tell you that Dollar is at unsustainable levels. India is the least effected compared to other currencies of emerging markets as well as developed nations. It is in the zone where sustaining itself that high will soon be impossible. That's why in the earlier message. I have written 1 to 4 weeks more pain for Indian markets. Much also depends on policy announcements of Trump as he takes power. Back Channel diplomacy to avert further damage to India Inc., Might have already started...keeping my fingers crossed. Unreal times ahead. Long Term Vision For India looks unharmed. The dust will start settling in the next few weeks. We can expect dust to settle fully by end of this quarter. After which Bull run can recommence in my opinion. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. I or my clients might have positions in the stocks that we mention in our posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
by Happy_Candles_Investment
Nifty in search of bottom. As it was expected Nifty plummeted further in search of bottom. Nifty closed at 23085 which is near a fragile support of 23057. It does not look likely that The reasons for the fall are various as explained in the previous posts. Some of reasons being constant selling of FIIs under the guise risk free return available in US debt market in addition to other value buying options emerging in other developing markets. Nifty valuations have seen reasonable correction now buying can emerge slowly in next 1 to 4 weeks as per my understanding. Dollar is at valuations that are hardly justified and once the correction in Dollar starts we will see FIIs returning to Indian markets. The bottom support levels are at 23057, 22800, 22421, 21783, 21294 and finally 20813 region. It will be interesting to see which of these levels emerge as a firm bottom from where Nifty can bounce back. Resistances for Nifty now seem to be at 23359, 23690 (Father Line Resistance), 23938, 24060 (Mother Line Resistance), 24525, 24948, 25379, 25782 and finally 26277. Once previous ATH is crossed we will see new highs in Nifty hopefully within this year in the range of 27 or 28K. As of now little bit of pain still remains in the market. Nifty is already in the EXTREME FEAR ZONE AT 23.30. Long term investors can start value buying. (As per Ticker tape). Extreme fear zone (<30) suggests a good time to open fresh positions as markets are likely to be oversold and might turn upwards. Extreme greed zone (>70) suggests to be cautious in opening fresh positions as markets are overbought and likely to turn downwards. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. I or my clients might have positions in the stocks that we mention in our posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NSE:NIFTY
by Happy_Candles_Investment