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Candlestick Analysis

GBPPLN - A Potential Buying Opportunity towards 5.03500OANDA:GBPPLN is in a key support zone, which has multiple times seen strong bullish reversals and notable buyer interest. The recent bearish pressure has brought the price into this critical area, presenting a potential buying opportunity. I expect a move toward 5.03500. However, if this support zone is breached, the bullish outlook would be invalidated, potentially resulting in additional downside movement. -Target Price: 5.03500 -Support Zone Breach: Invalidates bullish outlook, potential decline -Risk Management: Crucial for position sizing and protection
Long
by TrendDiva
2
Bulls Make a major counter attack to Pull Nifty upwards. Today the Bulls fought back very well and against all odds were able to close Nifty much above Mother line of hourly chart. Nifty closed at 23163 and the Mother line support now is at 23108. If Bulls are able to keep Nifty aflot above this level and drive it higher they will have potential to make a come back into the game which was dominated one-sidedly by Bears since a long time. Not only Nifty we saw Mid and Small cap index also fight back today. The negative observation is that there is a trendline resistance just near today's high as you can see in the chart at 23183. So closing much above that level tomorrow will be really helpful. The supports for Nifty now remain at: 23108 (Mother Line Major support), 23032, 22919, 22776 (Major trend line support), 22465 and 22100 will be the channel Bottom support. The Resistances for Nifty now will be at: 23183 (Major Trend line resistance), 23354, 23465 (Major Father line Resistance of 200 hours EMA), 23542, 23726, 23892 (Major Channel top resistance). If channel top resistance is broken in the current rally Bulls will be back in the game and can drag the index further upwards towards 24060 and 24226. Above 24226 monthly closing there is Nifty landing again in Pure Bull territory. Good come back by bulls. Shadow of the candle now is neutral but it can become positive if we get a closing above 23183 tomorrow. 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
Bitcoin at a Crossroads: Breakout or Pullback?Hello, Traders! After reaching new highs, Bitcoin is consolidating within the 92k-106k range. BTC found strong support within the 89k-92k area and strong resistance at 104k-106k. Key Levels to Watch: 📌 Bullish Scenario: For Bitcoin to continue its uptrend, it must break above 106k and hold there with a confirmed daily close. Only then could we see a push toward new highs, possibly targeting 110k+ in the short term. However, so far, BTC has failed to close a daily candle above 106k, with just upper wicks forming—indicating that sellers are taking profits at this level. 📌 Bearish Scenario: If BTC fails to break 106k and faces rejection, we could see another retest of the 89k-92k support area. A breakdown below 89k would shift market sentiment and could trigger a larger correction, possibly toward the 84k-86k zone. 📌 Monthly Close & Market Sentiment: For BTC to close the monthly candle in green, it must hold above 93k. Currently, this looks achievable, but volatility remains high, and any major shift in market sentiment could change the outlook. What’s Next? If BTC closes January in green, this would reinforce bullish momentum heading into February, increasing the likelihood of a continued uptrend. However, failure to reclaim key levels could lead to more choppy price action in the near term. 🚀 Eyes on 106k—a breakout above could set the stage for new all-time highs! 🔻 Watch 92k support—losing it could mean deeper correction. Please don’t forget to boost this idea and leave your comments below.
by Real_CryptoRoy
6
Gold Price Analysis: Bulls Regain Control After CorrectionGold started the week with a correction, dropping to a low of 2730 on Monday. Following this pullback, bulls regained control, pushing the price back above the key 2760 resistance level yesterday. At the time of writing, the price is hovering around this level. Even if there is a dip below 2760, the overall trend remains bullish as long as the 2745-2750 support zone holds. In conclusion, I remain bullish as long as support holds and will look to buy on dips. Bulls could aim for a new all-time high as their target, while a daily close below 2745 would shift the outlook to bearish.
OANDA:XAUUSDLong
by Mihai_Iacob
2
XAUUSD/GOLD BUY LIMITGold yesterday took out liquidity and consolidated for a while now it just made a change in a state of delivery now there's probabilities gold will continue going long, because there's also a FVG formed that wiull confirm my entry so am gonna place a buy limit on 2747.205 and target the low hanging fruit the latest high that i see and call it a day, but yhere's prpbabilities that it migh continue going long or not trigger my entry, but am comfortable with that i will wait for the trade to come to me.
OANDA:XAUUSDLong
by GHOSTFX_GANG