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Candlestick Analysis

NFP market, try to short gold!Dear traders: Gold is currently hovering around 2680, maintaining a bullish structure. However, based on the current price action characteristics, I am hesitant to continue chasing long positions. Over the past two days, there has been significant volatility, with many false signals emerging, making me cautious about blindly going long on gold. With the NFP and unemployment rate data set to be released in 30min, I believe that even if gold continues its upward trend, the news-driven market may first flush out many lower-level long positions. As a result, gold could experience a pullback before resuming its trajectory. So in short-term trading, I will still choose to short gold in the 2680-2690 zone first, with the target pointing to the 2660-2650 region.Bros, are you optimistic about the decline of 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:XAUUSDShort
by Trader_Marvin
MAHSING - BULLISH HAMMER CANDLESTICK ?MAHSING - CURRENT PRICE : RM1.81 MAHSING is bullish as the share price is above 50 and 200 days EMAs. After declining for two days, today the stock made a bullish hammer candlestick. This scenario may indicate that potential bottom had reached. Aggresive trader may decide to buy on this hammer candle. ENTRY PRICE : RM1.79 - RM1.81 TARGET PRICE : RM1.92 SUPPORT : RM1.74 (the low of hammer candle) Notes : MAHSING forged key partnerships with Bridge Data Centres (BDC) to drive the development of state-of-the-art data centre facilities. The Mah Sing DC Hub@Southville City, Bangi currently holds 300 MW of secured power capacity, with an additional 200 MW earmarked for future collaborations, solidifying its role as a major regional data centre hub.
MYX:MAHSINGLong
by IMRAN_96
Potential rally on Bitcoin CashHello, Traders! Bitcoin Cash (BCH) has dropped into a strong support zone within the $400–$420 price range, creating a potential setup for a rebound. This movement coincides with Bitcoin (BTC) also testing a significant support level near $91,000, which adds confluence to the possibility of a market-wide bounce from current levels. After rallying above the $600 price level last month, BCH has entered a correction phase. However, this pullback may set the stage for the next leg of its uptrend. Notably, BCH still has significant room for growth, as it has yet to revisit the highs it achieved in April when it surged above $700. The current price action indicates a strong buyer interest in the $400–$420 zone, as BCH has already shown a positive reaction to this level. If BTC maintains its stability and avoids further declines, the bullish momentum for BCH could gain traction, leading to the next wave of upward movement. Key levels to watch include a potential breakout above $490, which could signal the start of a sustained rally. Traders should also monitor the broader crypto market dynamics, particularly Bitcoin price action, as it remains a critical driver for altcoin performance. Please don’t forget to boost this idea and leave your comments below.
by Real_CryptoRoy
1
The Loaded GunThe market’s a loaded gun—trigger pulled, but no bang yet. We’re stuck at break even, staring down tomorrow’s red flag news like a storm about to break. This trade doesn’t need babysitting and I’m not about to play hero by adding to the position. Let it breathe. The fuse is lit; now it’s just a matter of time. Will the news spark a breakout or drag this trade into the dirt? Step back, unplug, and let the chaos unfold. The market always moves when it’s good and ready—don’t force it.
Short
by PointOneFx
bitcoin price bounce on January 14th @ 89377 USDTbitcoin will bounce from the green line on January 14th where you see the green heart. that line is close to an important fib level. but it also shows that on november 18th, price retested november 11th's high, which is also on that line. on november 18th planet Venus travelled between 14-15º of Sagittarius. on January 14th Budha (Mercury) will reach that point. there is more information on the January 14th bounce in the book SHININGBULL 2025 BINANCE:BTCUSDT
by ShiningBull
Buying opportunity for DogecoinHello, Traders! Dogecoin (DOGE) is currently in a correction phase, presenting a potentially attractive buying opportunity for future growth. After a sharp rally, the price of DOGE has now retraced over 30% from its recent peak, offering what could be seen as a substantial discount before the next bullish wave takes shape. At present, the $0.3 support area is showing strong technical significance and looks highly appealing for entering a long position. This level aligns with historical support zones and has previously acted as a key demand area during market corrections. Additionally, broader market conditions appear favorable, as BTC is also trading near its key support zone. If Bitcoin sees a positive reaction from buyers, it could act as a catalyst for a broader recovery across the crypto market, including DOGE. However, as always, risk management is key. Keep an eye on price action around the $0.3 level, and consider setting stop-losses just below this area to protect your capital in case the market sees a deeper correction. Let me know your thoughts in the comments below. And don’t forget to boost this idea if you found it helpful!
by Real_CryptoRoy
4
Prospects of Further downside in Nifty hanging by the thread. Pretty bad closing by Nifty today which has further downside in Nifty hanging by the thread. As you can see we are near the bottom of the pennant structure. If the downside is broken by any chance possibility of further downside can not be ruled out. However if the support of today's low is maintained possibility of upside will open up. Silver lining in the cloud is DII being on buying side and RSI has take an upward turn with closing above yellow line. The supports for Nifty now are at 23463 Bollinger lower band support, 23380 and 23365 (Final Support). Resistances on the upper side for Nifty are at 23682 (Bollinger mid band), 23722 (Mother line resistance), 23787 (Bollinger upper band), 23889 and finally 23980 (Father line resistance). Above 23980 closing the door for further up side will open. With Medium term targets being at 24073, 24103, 24232, 24302 and finally 24401. Above 24401 closing Bulls can jump back to business. 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
Hit 2670 as expected,continued to buy gold after falling backBros, gold has finally lived up to expectations, successfully reaching my projected target range of 2670-2680. Those who have been following my trading strategy know that I’ve consistently maintained a bullish stance on gold and frequently highlighted the target range of 2670-2680. Now, gold has hit the anticipated level of 2670. In the short term, gold has accelerated upward to the 2670 level. However, I believe this is not the peak of the current rally. If gold manages to hold above the 2655-2650 support zone during any corrections, it could potentially extend its upward momentum toward the 2685-2690 range. 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