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Candlestick Analysis

Bull market hides falling crisis!Gold rose sharply to around 3170 in the short term. Gold is in an obvious bull market. I think we should not be too optimistic! Don't blindly chase gold in trading!!! Although it is only one step away from the previous high, it not only faces the psychological resistance of 3200, but also multiple integer resistance. After the fundamental positive factors are exhausted, it is difficult for gold to have enough power to continue to rise and break through the heavy resistance. So the sharp rise of gold is likely to be a bull market trap, in order to confuse more people to chase gold, and large institutional funds take the opportunity to sell! So in terms of short-term trading, I still will not vigorously chase long gold, I will start to short gold gradually in batches! The faster gold rises, the faster it may collapse! Bros, I am not afraid of shorting gold now. I think short trading can also bring me huge profits. The retracement target first focuses on the area around 3135.The trading strategy verification accuracy rate is more than 90%; one step ahead, exclusive access to trading strategies and real-time trading settings
OANDA:XAUUSDShort
by Trader_Marvin
Long trade 30min TF overview Trade Breakdown – Buy-Side (EUR/GBP) 📅 Date: Wednesday, April 9, 2025 ⏰ Time: 4:00 AM (Tokyo to London Session Overlap) 📈 Pair: EUR/GBP 📈 Trade Direction: Long (Buy) Trade Parameters: Entry Price: 0.85672 Take Profit (TP): 0.86354 (+0.80%) Stop Loss (SL): 0.85503 (-0.20%) Risk-Reward Ratio (RR): 4.04 Buy-Side Opportunity During Tokyo-London Transition: Trying to capitalise on pre-London liquidity grab, signalling a bullish continuation from Asia session consolidation.
Long
by davidjulien369
2
It is hard not to make a profit by trading CPI like thisI have to say that gold is indeed in a bullish pattern at present. After all, gold did not even fall below 3110 during the correction process. However, the current fluctuations are relatively cautious, and we are waiting for the guidance of CPI data, which may exacerbate short-term fluctuations! To be honest, although gold is in a bullish pattern, the resistance above cannot be ignored, especially the 3150-3155 area and the previous high of 3167. It is not ruled out that gold will form a secondary high during the rise and form a double-top structure with the previous high of 3167, so I will not be a radical in the short term and set the target at 3200. In addition, during the CPI data period, it is not ruled out that gold will rise and then fall back, so I do not advocate blindly chasing gold. On the contrary, I will definitely try to short gold in the 3050-3060 area. However, the market's long sentiment is high, and it is not advisable to have too high expectations for the magnitude of the correction in short-term trading. The first retracement target area is: 3105-3095, followed by 3080!
OANDA:XAUUSDLong
by Trader_Marvin
Long Trade 1Hr TF overview ✅ Trade Breakdown – Buy-Side (EUR/USD) 📅 Date: Thursday, April 10, 2025 ⏰ Time: 4.00 AM (New York Time) – Tokyo to LND Session AM 📈 Pair: EUR/USD 📈 Trade Direction: Buy (Long) Trade Parameters: Entry: 1.10245 Take Profit (TP): 1.11064 (+0.74%) Stop Loss (SL): 1.10027 (–0.20%) Risk-Reward Ratio (RR): 3.76 Price tapping into a discounted demand zone, aiming to ride the NY session continuation into a liquidity target above prior session highs
Long
by davidjulien369
Where is the support level for Nasdaq?! Is the bloodbath over?Bearish fair value gap ranges are taking over this chart and when we rally up into them, they have been sending us down over and over. This week we have had the advantage of a bearish gap from last week's low. This gave us clear reason to seek longs to fill the gap. Now we have a small cushion of long interest in this range after retesting the 2023 yearly candle's broken high. As long as we remain above this yearly level--16.960ish (Using last year's low for NQ 17,570ish)-- we will see a neat consolidation and sitting upon these levels before the rally that may lead us out of this range. That is what I expect, however, if we lose these levels, you already know we are headed to the dungeon of a true recession. 20 min breakdown:
PEPPERSTONE:NAS100
by HollywooodTrades
2
Short trade Trade Breakdown – Sell-Side (GBP/JPY) 📅 Date: Thursday, April 10, 2025 ⏰ Time: 5:45 AM (London Session AM) 📉 Pair: GBP/JPY 📉 Trade Direction: Short (Sell) Trade Parameters: Entry Price: 188.632 Take Profit (TP): 187.731 (-0.48%) Stop Loss (SL): 188.883 (+0.13%) Risk-Reward Ratio (RR): 3.59 Strategy PD Array, Supply Zone Rejection 🎯 Target Detail: 0.328 (PD Array) → Referencing a draw on the liquidity/displacement level within a Price Delivery Array.
Short
by davidjulien369
Short trade Trade Breakdown – Sell-Side (EUR/USD) 📅 Date: Wednesday, April 9, 2025 ⏰ Time: 10:30 AM (New York Time) – NY Session AM 📉 Pair: EUR/USD 📉 Trade Direction: Short (Sell) Trade Parameters: Entry Price: 1.10429 Take Profit (TP): 1.09064 (-1.24%) Stop Loss (SL): 1.10815 (+0.35%) Risk-Reward Ratio (RR): 3.54 Intraday Sell Setup During NY Session: Reason: Based on bearish market structure, EUR/USD. showing signs of weakness due to the USD strength off a key supply zone and observing the price reach exhaustion.
Short
by davidjulien369
Nifty 50 – End of Day Analysis (9th April 2025)🟠 Nifty 50 – End of Day Analysis (9th April 2025) 📌 Background After the wide-range spinning top on April 8, all eyes were on the RBI MPC event today. While markets typically react to such key announcements, Nifty surprised everyone with its muted response and a rangebound session. 📌 Today’s Price Action 🔹 Nifty opened slightly negative and formed its Initial Balance (IB) early on. 🔹 After the IB, the index remained stuck in a very tight range – a structure we’ve seen repeating over the last few weekly expiries. 🔹 Today’s total range was just 115 points (high to low) – the lowest in the past 14 sessions! 📉 On an MPC event day, such low volatility was quite unexpected. 🔹 With no momentum and no breakout from IB, our system didn’t trigger any trade signal, and we stayed on the sidelines. 📌 Technical Outlook Today’s candle lacks momentum and conviction. Key resistance still holds at 22,668–22,720, and support rests near 22,337. A breakout from this compression zone could decide the next trending leg. 📌 Important Levels to Watch 🔼 Resistance Zones 22,590 22,668 – 22,720 22,805 🔽 Support Zones 22,337 22,270 22,082 (Previous Swing Close) 🧠 Strategy Ahead As of now, no directional bias without a confirmed breakout. ✅ Wait-and-watch until the IB range breaks ✅ Avoid forced entries in low volatility setups ✅ Let price lead—don’t anticipate 📋 Quick Recap ✔️ IB formed, post-IB rangebound ✔️ 115 pt range – lowest in 14 sessions ✔️ MPC event day, but no buzz ✔️ System = silent = No trade ✔️ Sitting tight is also a position 🧘 Final Thought "Markets often give profits to those who master patience." Let the levels guide you — trade with calm and clarity.
NSE:NIFTY
by kzatakia
2
India along with the globe stages a recovery. Indian markets staged a recovery along with it's global peers. Although the market moved 374 points upwards. After making a high of 22697 the market closed at 22535 which is 162 points down. Which means it has formed a Bullish Doji. Now Doji candle irrespective of the colour means uncertainty, until we clear the Doji top further upside will not be possible. The doji top resistance is at 22697 and Doji bottom support is at 22270. Doji works like a cage. The bird will fly either side once the cage is broken. To know more about the kind of candles, Mother, Father lines, behavioural finance, Technical analysis, fundamental analysis read my book: The Happy Candles Way to Wealth creation. Nifty Supports remain at: 22270 (Doji cage support), 21743 current low of Trump Tantrum, 21289, 20790 (Channel Bottom support) and 20320. Nifty Resistances remain at: 22697 (Doji cage resistance), 23061 Mother line resistance, 23376 Father line resistance and 23894 recent market high. 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 which is 3 months or older cyclical points. 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
Get Rich: Buy Cheap GoldAfter a sharp decline, gold seems to have insufficient bullish momentum compared to before, but this is only in comparison. In fact, after gold hit the low point near 2957, the low and high points of gold are gradually rising. We can see that the bulls are gradually and implicitly picking up cheap chips. So now we can't blindly short gold. According to the current gold structure, gold may continue to rebound above 3030, or even around 3050. These two positions will be the target areas for long traders and will also be the entry prices suitable for short traders. So for short-term trading, I will adjust my trading strategy and plan in time. If gold falls back to the 3000-2990 area, I may first tend to go long on gold! It must be noted that the current gold price fluctuates frequently and violently, so you must be particularly patient first. Because once there is no good entry price, it is difficult to set the psychological SL, and setting a relatively small SL is easy to be hit in market fluctuations! The trading strategy verification accuracy rate is more than 90%; one step ahead, exclusive access to trading strategies and real-time trading settings
OANDA:XAUUSDLong
by Trader_Marvin