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Candlestick Analysis

USDJPY LONGMarket structure bullish on HTFs DH Entry at Daily AOi Weekly Rejection at AOi Daily Rejection At AOi Daily H&S pattern forming (Retest of the neckline) Previous Structure point Daily Round Psych Level 143.000 This trade has high potential to create bullish structure H4 EMA retest H4 Candlestick rejection Rejection from Previous structure Levels 7.11 Entry 90 REMEMBER : Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Christ is King.
Long
by mobbie_zw
Let’s continue to be long on gold and keep winning!Fundamentals: 1. Focus on the performance of US economic data and the dynamics of the Federal Reserve; Technical aspects: At present, gold has failed to fall below the key area of ​​3300 many times during the retracement process, further strengthening the short-term structural support and strengthening the market's recognition of the effectiveness of its structural support. Moreover, gold may still maintain a volatile market before the NFP market. Due to the cautious attitude of the market, it is difficult for a unilateral trend to appear before the NFP market. Short term trading strategies: As in the two recently updated trading views, the trading strategy of long gold in the 3310-3300 area is still effective! Looking forward to gold rebounding to 3325 or even higher!
OANDA:XAUUSDLong
by Steffen_Schade
Don’t be afraid of pullbacks, we can still go long on goldFundamentals: 1. First, pay attention to the dynamics of Trump and the Federal Reserve; 2. Pay attention to whether the geopolitical conflicts escalate, including the situation between India and Pakistan, Russia and Ukraine, and the situation between the United States and Iran. Technical aspects: Compared with yesterday, although the bullish momentum is weak, it has not fallen below the support of the 3005-2995 area, and even failed to fall below 3000. In addition, as gold fluctuates and falls, there is a large amount of buying funds entering the market in the short term. In the recent short-term structure, gold has built a very obvious turning point near the 3300 area. Therefore, gold may still rebound to above 3330 before NFP. Short-term trading strategy: You can still consider continuing to go long on gold in the 3310-3300 area, TP: 3325-3335
OANDA:XAUUSDLong
by Steffen_Schade
Nifty Analysis EOD - April 29, 2025🟢 Nifty Analysis EOD - April 29, 2025🔴 One more day passed under uncertainty... Indecision takes the driver’s seat. 📈 Market Summary Nifty opened on a positive note at 24,370, gaining 42 points, and swiftly climbed to an intraday high of 24,457.65. But the enthusiasm didn’t last long — sellers stepped in and pushed it down, filling the opening gap. The index found support near 24,290, and attempted a bounce, but once again failed to clear the critical 24,330–24,360 resistance zone. 📌 Intraday 5 Min Time FrameChart The rest of the session saw price action trapped within a narrow 70-point range — a frustrating day for breakout traders or option buyers. 🔹 Impatient option buyers may have been trapped, stuck in hopes of a breakout. 🔹 Patient traders probably stayed away. 🔹 Scalpers and option sellers — this was your playground today. 📌 75 Min Time FrameChart On the 75-minute chart, once again, rejection is clearly visible from the 24,330 ~ 24,360 zone. Until we see a decisive close above 24,365, this zone will continue to command respect in our trade plans. 📌 Daily Time Frame Chart 🕯 Daily Candle Structure Candle Type: Spinning Top — a classic indecision candle OHLC: Open: 24,370.70 High: 24,457.65 Low: 24,290.75 Close: 24,335.95 Change: +7.45 points (+0.03%) 🔍 Candle Breakdown: Real Body: Small red body of -34.75 pts (close < open) → Indicates lack of strong directional move. Upper Wick: 86.95 pts Lower Wick: 79.95 pts This candlestick reflects market hesitation, especially significant after a strong uptrend. Bulls and bears fought for control, but neither side won convincingly. 🧠 What the Spinning Top Tells Us: Appears after a strong move → Suggests loss of momentum or possible pause Small body + long wicks = Indecision Needs confirmation in the next session 🔮 What Next? Today’s spinning top doesn’t give a clear directional cue. However, context matters: A close above CPR and previous session tilts the bias slightly bullish. Bullish scenario: A breakout above 24,460 may resume the upward trend. Bearish scenario: A breakdown below 24,040 could open the door for a pullback. As always — trade with preparation, not prediction. ⚔️ Gladiator Strategy Update ATR: 326.39 IB Range: 166.9 (Medium IB) Market Structure: Imbalanced Trade Highlights: Positional Trade: Long Triggered Yesterday 15:20 – 1:2 Target Achieved Intraday: No trade triggered during the session 📈 Index Performance Snapshot Nifty 50: +7 Points (+0.03%) Bank Nifty: -42 Points (-0.07%) Nifty 500: +11 Points (+0.05%) Midcap: +148 Points (+0.27%) Smallcap: +62 Points (+0.37%) 🔍 Key Levels to Watch 🛑 Resistance Zones: 24,330 ~ 24,360 (Immediate hurdle) 24,457 (Today’s High) 24,480 ~ 24,540 (24,500 psychological level inside this zone) 24,800 🛡 Support Zones: 24,290 (Today’s Low) 24,190 ~ 24,225 (Immediate support) 24,120 24,050 24,000 ~ 23,950 23,820 23,710 ~ 23,660 23,500 23,410 ~ 23,370 23,215 💭 Final Thoughts Another day where the market teased both bulls and bears alike. But remember — uncertainty is not your enemy; it’s your signal to slow down. When the candle speaks in spinning tops, the trader listens in silence. Discipline and patience are still your best tools, especially when the market isn't shouting direction clearly. Tomorrow is the Weekly expiry — so prepare for volatility and don’t let noise disrupt your clarity. Your trade setup is your edge — trust it. ✏️ Disclaimer: This is just my personal viewpoint. Always consult your financial advisor before taking any action.
NSE:NIFTY
by kzatakia
USD/JPY(20250429)Today's AnalysisMarket news: The U.S. Treasury Department raised its second quarter debt forecast to $514 billion. U.S. Treasury Secretary: The "X Day" for the debt ceiling issue will be announced soon. Technical analysis: Today's long-short boundary: 142.62 Support and resistance levels: 144.52 143.81 143.35 141.89 141.43 140.72 Trading strategy: If the price breaks through 142.62, consider buying, the first target price is 143.35 If the price breaks through 141.89, consider selling, the first target price is 141.43
Long
by Toml1314
1
GBPUSD - End Of The Bullish Gravy Train?With a strong bullish rally throughout 2025, it is considered 'stupid' to bet against the trend. As the famous saying goes, 'the trend is your friend' and to a certain extent, it is true. But during the time of bullish price action, there is a minor retracement that occurs that allow smart money to buy at a lower price and a scenario like this is most likely going to play out going into the next weeks trading as I am seeing weakness across the board with Dollar Index and EURUSD. 1.32340 is my 1st point of interest
Short
by LegendSince
Dollar Index - Short Term Relief Rally Upcoming?From the beginning of 2025, it's been nothing but pain in the markets; bearish prices on bearish prices and it's not looking like it's the ends. But wheat happens when the market is trading one way for a long time is you tend to have short squeezes. This is where traders place and trail their stop losses above recent highs with the expectation that the market will not reverse back into the highs before continuing lower. I believe something like this can play out this week It all depends on Sundays opening....
TLong
by LegendSince
US10Y - Higher Probability Times Are to Come Soon!Throughout this month, its been nothing but indecision in the markets and it does not look like anything will change anytime soon! With the reciprocal tariffs running rampant throughout the economy, investors and traders cannot make up their mind whether they want to be a buyer or seller. Best thing to do is sit on your hands and be patient as market conditions like this have the power of ripping your face off!
TShort
by LegendSince
Gold Market Outlook - Gold BearishGold is currently in a consolidation phase, trading within a range of $3,280 to $3,360. We are closely monitoring for a breakout in either direction. Based on current technical analysis, there is a higher probability of a downside breakout below the support level of $3,280. If this support is breached, we may see the following downside targets: Target 1: $3,270 Target 2: $3,260 Target 3: $3,250 Target 4: $3,240 Traders are advised to plan their positions accordingly, keeping risk management in focus.
OANDA:XAUUSDShort
by shroffakshar
Long trade Trade Overview: AUDUSD – Long Position (Trade 2) Entry Price: 0.63674 Take Profit: 0.64381 (+1.10%) Stop Loss: 0.63421 (–0.40%) Risk-Reward Ratio (RR): 2.79 🕕 Entry Time: 6:00 PM (New York Time) 📅 Date: Wednesday, 23rd April 2025 🌍 Session: NY to Tokyo Overlap (PM) 🧭 Higher Timeframe Structure: 1-Hour TF ⏱ Entry Timeframe: 5-Minute TF Reasoning Narrative AUDUSD maintained a bullish structure on the 1-hour timeframe, with price forming higher lows and consolidating just below a key resistance area before the session crossover.
Long
by davidjulien369
Long trade 1Hr TF overview 📈 GBP/USD – Buy-Side Trade 🗓 Date: Wednesday, 23rd April 2025 🕕 Time: 6:00 PM (New York Time) 📍 Session: NY to Tokyo Overlap (PM) ⏱ Entry Timeframe: 5-Minute TF Trade Parameters Entry Price: 1.32709 Take Profit: 1.34232 (+1.15%) Stop Loss: 1.32511 (–0.15%) Risk-Reward Ratio (RR): 7.69 Reasoning Narrative This GBP/USD trade was built on a clear short-term bullish structure, observed into the New York close, where price respected a key demand zone from earlier in the day.
Long
by davidjulien369