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Candlestick Analysis

BTCUSD - M15 Short-Term Downside - Timing Today's USD NewsAnalysis of overall situation: We had a strong push up (to the left) We're now in a retracement phase. Usually there are 3 pushes down before the retracement is done. We're on that 3rd push phase. I'm looking to Buy overall, so this is a short-term scalp in line with the retracement. (The Buy scenario is the orange SnDR zone lower) H4 candles still showing weakness, indicating the retracement isn't done yet. Also, the spike from the previous M15 low happened at the new day, which hints it's not the real low. Waiting for the market to first take liquidity off the high of today, ideally enter into the gap (blue zone) then create strong Bearish candles. Entry will be on any M5/M15 retracement - after a break of structure. Also eventually breaking the current upward trendline. Targeting the M15 low Timing for this entry is after the USD News at NY Session. If market hits the invalidation level marked, then this idea is discarded.
CRYPTO:BTCUSDShort
by The_Peaceful_Trader
XAUUSD 9/2/25XAU is running bullish for the sixth consecutive week. We called for a new all-time high last week and the week before. If new highs form, we will shift our attention to them, but as it stands, we are anticipating another all-time high. Gold is being driven by fundamentals as well as a strong potential for gains based on past performance. We now look to Orion for the daily bias, and as expected, it remains bullish. Based on this, we have key lows marked on our chart, with the third being a high-volume low. From our understanding, we expect a counter-trend move to start the week before continuing with more long positions. If price reaches our lower areas, we will look for the correct entry to follow through on these moves. Trade your plan and manage your risk. Always follow Orion.
FX:XAUUSDLong
by PipSurfingSociety
EURUSD 9/02/25Another week is her and we are back with our Sunday markups to start the week off with a clear idea of what we want to see and what we want to trade, as you can see our Orion system is telling us price is most likely running bullish, unless Orion changes we will follow the bias! now of course we know that the big money player are driving the price higher but we have a clear area that we want price to reach which will allow us to follow these big movers, these areas are below price which mean we have to have a counter bias move to be able to get into that long shift. so always keep in mind for us to follow long we must first have shorts in play, big money cant get entries without causing a counter move first. our main interest is for the high volume lows that are narked in gold dotted lines to be ran and then the highs marked above to be taken out, this would in turn give us our long move that is currently in our bias. Trade safe, follow your risk profile and trade your rules.
Long
by PipSurfingSociety
Can Nifty overcome Mother, Father and the Trendline resistances?With the results in Delhi elections that will suit the market fervor can Nifty break the triple whammy of Mother, Father and Trendline resistances which are not allowing it to fly? The answer to the question can be yes. But what is important is if Nifty can sustain the opening that it might get and hold on to the levels? This will depend again on FII activity. FII as we know are on the selling side continuously. Also there is an upcoming New Income Tax bill to be tabled. Investors will wait and see the action taken on the LTCG and STCG taxes on the income. No bad news can be a good news with respect to this aspect. After the income tax relief received and RBI rate cut. Supports for Nifty remain at: 23435, 23177 and 22967. If the major support at 22967 is broken there can be a free fall in the market till the levels of 22758, 22159 or even lower as depicted in the chart. Resistances for Nifty remain at: 22619 (Father Line, 200 days EMA), 22658 (Mother line, 50 days EMA), 22838 (Major trend line resistance). If 22838 is crossed and we get a closing above it we can see the levels of 24084, 24223 and 24482. For levels above 24482 we will have to get a weekly closing above the same first. 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. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational 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
Watch out for this huge Bitcoin capitalizationSame same but different, last week on ETH we had a simmilar situation in the weekend a huge liquidation spike. Looking at the bitcoin chart it looks it wants to fall and does the same. So I expect the whales will drop the price in a same liquidation spike as ETH last weekend. When? I dunno can this weekend but not too long. The BTC price will drop to the demand zone at 87k level. That's the most logical level the price will find support. The positive thing is when the price holds at 87k with a pinbar and bought up again. You can be 99% sure the price will go up in the upcoming months and we see an alt season. If the price falls down to 70k then it will take a lot longer to recover. So best thing is you can place a limit order at the 87k area. Or just wait when the capitalization is over.
CRYPTO:BTCUSDLong
by FX-Diaries
NATGATE - 11 RECORD SESSION LOWS ?NATGATE - CURRENT PRICE : RM1.79 On 02 August 2024, the stock made a FALLING WINDOW . The selling pressure continues until price starts to stabilize and create a double bottom support level near RM1.65 - 1.68. On 29 October 2024, the share price closes above the top of FALLING WINDOW resistance level indicates strong bullish momentum. At the same time, the share price also successfully closed above ICHIMOKU CLOUD (after trading below KUMO almost 3 months). This two scenario gives strong bullish outlook for NATGATE. From here, the stock continue moving upside until RM3.03 (ALL TIME HIGH) - upside movement of 40% from the breakout point on 29 OCTOBER 2024. After reach ALL TIME HIGH, the stock made an EVENING STAR pattern. From there, the stock starts declining and makes 11 RECORD SESSION LOWS. Here is the important points to have a look. We can expect a rebound from current price as there are some hints given by chart : 1) 11 RECORD SESSION LOWS creates an OVERSOLD situation (The record session topic is discussed by STEVE NISON in his book - BEYOND CANDLESTICK , PAGE 121 - 127) 2) The last two session was bullish HAMMER - the long lower shadows give hint that potential bottom had reached and the bears are getting tired. 3) Price bounce from the previous DOUBLE BOTTOM support level area near RM1.65 - RM1.68 indicates that the BULLS are aggresively buying the shares near the support level. In conclusion, as a aggresive trader, this is an oppurtunity for me to buy the stock at price RM1.79 - RM1.81. If as expected the share price starts rebound higher, i would take my profit at RM1.95 (+8%) and RM2.05 (+14%). My support level will be RM1.68 (the low of bullish hammer). My time frame for trading this stock is only one month. ENTRY PRICE : RM1.79 - RM1.81 TARGET PRICE : RM1.95 , RM2.05 STOP LOSS : RM1.68 TIME FRAME - Not more than ONE MONTH TAYOR !
MYX:NATGATELong
by IMRAN_96
Profit of 130pips, retracement is an opportunity to buy goldDear traders, did you follow my trading strategy and go long on gold in the 2860-2850 zone? As I emphasized in my previous analysis, if gold holds above the 2850-2840 support level during its pullback, it retains the potential to rally toward 2900. Based on this logic, we executed a highly successful trade in the NFP session, going long on gold within the 2860-2850 range as per my outlined strategy. Following the NFP data release, gold briefly dipped to around 2852 during the retracement. I strictly adhered to my trading plan and entered a long position at 2853. As expected, gold extended its rally above 2880, precisely hitting my projected take-profit (TP) target. This outcome reaffirms the accuracy of my trading strategy, and the gold market has indeed moved in line with my expectations. Cheers to our victory, everyone! At this point, there are still no clear signs of a market top, and gold may attempt to test the 2900 level. However, as it approaches or touches 2900, we must remain cautious about the risk of a potential retracement. Bros, have you followed me to do long gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
OANDA:XAUUSDLong
by Trader_Marvin
Long Idea on CC1! (Cocoa)1)Climate change is having a significant impact on cocoa production in West and Central Africa, according to a study by Wageningen University & Research (WUR). The region accounts for more than 70% of global cocoa production. Changes in temperature and rainfall are making some areas less suitable for cocoa cultivation. 2) Seasonality gives us a bullish pattern which is 98% correlated with the actual price 3)quantitative data shows 80% win rate with a good profit factor 4) The price rejected the 50 EMA forming a Pin Bar Candlestick pattern 5) The price also bounced on a demand zone 6) Price is undervalued against several benchmarks
ICEUS:CC1!Long
by kingosamafxx
US30 Potential Sell - Wait for confirmation US30 Trading Strategy 🚀📊 📌 Market Overview 🔹 Price Action: Hovering near Fib 0.5 (44,805.5) & Fib 0.618 (44,861.2) – critical resistance zone. 🔹 RSI (51.88): Neutral ⚖️ – not overbought, not oversold. 🔹 MACD: Histogram turning green 📈 – possible bullish momentum, but no strong confirmation yet. 🔹 Bollinger Bands: Price near the mid-band 📊 – no extreme conditions. 🟥 SELL Setup (If Price Rejects Resistance) 🔻 Wait for a bearish rejection at 44,805 - 44,980 (wicks, engulfing candles). 🔻 Sell Entry: Below 44,805 after confirmation. 🔻 Stop Loss (SL): Above 44,980 ❌. 🔻 Take Profit (TP): 🎯 First target: 44,680 (lower Bollinger Band). 🎯 Second target: 44,480 (Fib 0.886). 🔻 Risk-to-Reward (RR): 1:2 or better ✅. Risk no more than 1% of your account. Comment your thoughts and follow for more cool ideas. Nozuk,
CAPITALCOM:US30Short
by Nozuk