Candlestick Analysis
Long trade🟩 Buyside Trade Log
📈 Pair: SHIB/USDT
🏷️ Type: Intraday | NY Session PM
🧠 Setup: Breakout
📅 Date: Monday, 19th May 2025
🕜 Time: 1:30 PM
🔹 Entry Price: 0.00001393
🔹 Profit Target: 0.00001448 (+3.95%)
🔹 Stop Loss: 0.00001388 (-0.36%)
🔹 Risk-Reward Ratio: 11.00
🔍 Reasoning:
The trade was triggered during the NY PM session following a breakout from local consolidation. Price action demonstrated strong bullish intent with a clean sweep of near-term resistance and no immediate supply overhead
30min TF
Gold is rising strongly, can it retreat and go long today?🗞News side:
1. US officials said Trump's statement was related to the Golden Dome Project, which may affect the flow of funds
2. The tension in the Middle East has intensified, and the risk aversion sentiment has increased, which is good for gold
3. Although the withdrawal of Indian and Pakistani troops has eased the regional situation, geopolitical risks still exist
4. Trump mentioned the tax bill, which affected economic expectations and affected gold investment sentiment to a certain extent.
📈Technical aspects:
Yesterday we gave the view that there would be suppression at the 3290 level above, but affected by geopolitics, risk aversion sentiment rose again. Today, the moving average spread upward, and the Bollinger Bands opened and expanded, and the situation is still bullish. At present, we need to pay attention to the key short-term support level, focusing on the 3280-3285 support line. If the price retreats to this level and does not weaken, it can be considered as an opportunity for us to go long. If the resistance of 3320 is broken through strongly, the upper target will move up, and the lower support will also move up accordingly. 3300 will be converted into an entry opportunity for bulls to pull back. Therefore, we need to observe the price continuity in the European session. If the European session continues to break highs, the US session's correction will still be mainly based on long positions. During the day, it is recommended to wait for gold to retreat to 3290-3280 and try to arrange long positions, looking upward to 3320-3330.
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD FX:XAUUSD OANDA:XAUUSD
Is a Range Forming?The S&P 500 has enjoyed a powerful rally in the last month, and now some traders may anticipate a sideways move.
The first pattern on today’s chart is 5,971, the final weekly close of 2024. The index chopped on either side of that level a few times in January and early February. It stalled there in late February and early March as tariffs were confirmed on Mexico and Canada. SPX peaked just three points below that price on Monday before halting. Is the old resistance still in effect?
Second, SPX made a lower low and a higher high that session. Tuesday was just the opposite. That combination of an outside candle, followed by an inside candle, may suggest a change of direction is coming.
Third, Wilder’s Relative Strength Index (RSI) has turned down after nearing an overbought condition.
If a pullback occurs, traders may eye roughly 5,773 as support. That was the low in January and a high in late March.
Next, prices are historically far above the 50-day simple moving average (SMA). However, the SMA is turning upward. That could suggest the intermediate-term trend has grown more positive, which may keep pullbacks shallow.
Finally, few important events appear to be scheduled before next Wednesday. (Minutes from the last Federal Reserve meeting and Nvidia earnings are both due then.) That lack of catalysts may also create drift – especially with a long holiday weekend approaching.
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PENGUUSDT Breaking Bullish Flag – Eyes on 0.03PENGUUSDT is breaking out of a bullish flag pattern, a classic continuation signal in an uptrend. The breakout is occurring with strong momentum, supported by the RSI crossing above the 50 zone on the 8H timeframe, adding further confidence to bullish bias.
📊 Key Levels:
TP1: 0.382 Fibonacci – $0.020
TP2: 0.5 Fibonacci – $0.025
TP3: 0.618 Fibonacci – $0.030
Stop Loss: $0.012 (below recent swing low)
This breakout may mark the beginning of a new bullish leg. Keep an eye on volume for confirmation and adjust risk accordingly.
Trade safe and always use proper risk management.
#PENGUUSDT #Crypto #BullishFlag #RSI #Fibonacci #Breakout #Altcoins
Bitcoin consolidating above $106K on the H4Bitcoin consolidating above $106K on the H4 — pressure is building.
🟢 Bullish Scenario:
Clean break + close above $107K → opens the gate to $109.2K, then $111K
Momentum remains with bulls, and higher lows are intact.
🔴 Bearish Scenario:
Failure to hold $105K = potential revisit of $103.6K (last demand zone)
Below that? Eyes on the 200 EMA near $101.5K
CADCHF: Pullback From Support 🇨🇦🇨🇭
There is a high chance to see a pullback from the underlined
daily horizontal support on CADCHF.
A formation of a high momentum bullish candle
after its test and a consolidation on an hourly time frame confirms
the strength of the buyers.
Goal - 0.595
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EURUSD: One More Bullish ConfirmationThe EURUSD pair formed another bullish pattern on the 4-hour chart following a test of significant daily/intraday support.
An inverted head and shoulders pattern was formed, with a bullish breakout of the neckline.
I anticipate further upward movement in the market, with a target of 1.1414.
AUDCAD: Bull Trap & Bullish Confirmation 🇦🇺🇨🇦
AUDCAD formed a liquidity grab after a test of significant intraday/daily support.
A cup & handle pattern and a violation of its neckline with a bullish imbalance
provide a strong bullish confirmation.
I expect an up move now, at least to 0.899
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Looking to buy ESES is sustaining bullish structure on 1H and 4H. Currently in discount zone. ES swept liquidity below daily lows, filled 4H FVG and starting to reverse. 1:3 RR long trade potential.
EurAud update.Good day traders, I’m back with yet another update on EurAud. In the description I will tag my previous setup on EurAud to show you where we are in price and I left the drawings as they were to help you understand price more.
On Monday price opened with that same bullish flow and pushed till the low of the volume imbalance as expected but as we can see that FVG was able to hold price above. From the original setup what price did yesterday was expected Thursday or Friday the latest, so since price did not go for that 1st.PFVG on Monday and Tuesday, we can now expect price to go for that level.
If we take a closer look at that leg higher from that FVG, we have a balanced price range that we can expect price not to respect.
Nifty Analysis EOD – May 20, 2025 – Tuesday🟢 Nifty Analysis EOD – May 20, 2025 – Tuesday 🔴
Breakout Denied. Breakdown Delivered.
📈 Nifty SummaryAfter two sessions of tight-range traps, the long-awaited move finally played out today—and it was all about the bears.
Despite a 50-point gap-up start at 24,996 (just shy of the psychological 25,000 level), Nifty quickly reversed. The open was inside the resistance zone (24,980–25,000), and ignoring a minor 15-point wick, it resembled a classic Open = High (OH) trap.
By 35 minutes into the session, the index had already broken PDL and S1, hitting a low of 24,863, only to bounce 100+ points back toward 24,967—again rejected from just below 25K. This rejection triggered a sharp vertical fall, with a steep 35° downward slope, showing no pause, no VWAP reversion—just pure directional intent.
The downside breach hit multiple key levels:✅ 24,920✅ PDL✅ 24,882✅ 24,800–24,768 zone✅ and finally marked a low of 24,669, right at our 24,660 support level from yesterday’s map.
In yesterday’s report, we noted:
“A move below 24,882 could accelerate downside momentum. All eyes on 24,800 next.”✅ Targets 24,800 and 24,732 both achieved today.
🕯 Daily Time Frame Chart
🕯 Daily Candle Breakdown
Candle Type: Strong Bearish (near Marubozu)
Intraday Range: 340 points
Upper Wick: ~15 pts (negligible)
Lower Wick: ~44 pts (also insignificant vs range)
Candle Interpretation: Textbook bearish Marubozu-type (near full-body)
📉 Closing Concerns:
🔻 Below 24,732, the 0.618 Fib of May 15th candle
🔻 Below May 15 Open
❌ No retracement or end-of-day bounce
These signals point to a structurally weak close and increase the probability of further downside extension.
📊 Bias Going ForwardAs of today, there are no signs of buyers stepping in. If 24,670 (today's low) breaks, it could open the gates to test:
🧨 24,640–24,625 zone (watch closely during IB)
🧨 Below that → 24,535 / 24,500 / 24,480
On the upside, any pullback will face hurdles at:
🛑 24,768–24,800 (strong resistance zone)
🛑 24,882 / 24,920
Let the first half of tomorrow's session guide the tone. Any sustained hold above 24,800 might stall the fall. Else, the drift may continue.
🛡 25 Min Time Frame Chart
🛡 5 Min Intraday Chart
🛡 Gladiator Strategy Update
Strategy Parameters
ATR: 331.49
IB Range: 146.95 → 🟡 Medium IB
Market Structure: ⚖️ Balanced
Trade Highlights
🔻 1st Short Trigger: 11:55 – Trapped, Loss Booked
✅ 2nd Short Trigger: 12:45 – Target Achieved (Risk:Reward 1:3.5)
📊 Total Trades: 2
📍 Support & Resistance Levels
🟩 Resistance Zones:
24,768 ~ 24,800
24,882
24,920
24,980 ~ 25,000
25,062 ~ 25,070
🟥 Support Zones:
24,660
24,640 ~ 24,625
24,590
24,530 ~ 24,480
24,460
🔮 What’s Next?The market has broken key fib and candle support zones from the May 15th rally. If there's no defence early tomorrow, the fall may intensify.
Keep an eye on 24,640–24,625 during IB. Holding above could invite some short covering. But failure here can extend toward 24,500 and below.
🧠 Final ThoughtsThe market gave us what it hinted at yesterday—a fast break once 24,882 gave way. But with no bounce, no defence, and a full-body bear candle—the pressure is still on.
“Markets don't always roar before falling. Sometimes, they whisper, then collapse.”
✏️ DisclaimerThis is just my personal viewpoint. Always consult your financial advisor before taking any action.
ASX Bulls Sniff Record HighsASX 200 SPI futures have broken above the 8400 level and May 16 high of 8424, opening the door to a bullish setup—provided the price holds these levels into the close.
Longs could be considered above 8424 with a stop below 8400 for protection, targeting a retest of the record high at 8581. While momentum indicators are nearing overbought territory, they continue to trend higher, keeping the bullish bias intact.
A close below 8400 would invalidate the setup.
Fundamentally, the underlying index remains expensive across several valuation metrics—especially the banking sector, where multiples are hard to justify. But that hasn't stopped the rally so far. Optimism following the RBA’s dovish shift in May is helping fuel the latest breakout.
Good luck!
DS
EURUSD - Could the Low Be in Place?EURUSD has recently been struggling for upside momentum as a reduction in trade tensions have boosted the dollar, and hopes for another ECB rate cut in June have weighed on the Euro.
This has seen a selloff in the world’s biggest FX pair from its 2025 highs at 1.1573 posted on April 21st, to a low of 1.1065 on May 12th, as US and China trade representatives outlined details of a significant reduction in tariffs on imports from each country, before eventually closing on Friday slightly higher at 1.1150.
Roll forward to the start of this new trading week and a downgrade to US government debt by rating agency Moody’s (last Friday) has seen a brief resurgence of the sell US assets trade, and while US stock indices recovered their initial losses into the close yesterday evening, the dollar has remained under pressure with EURUSD trading against a potential important technical level (more on this in the technical update below).
This leads us to ask the question, was the low seen on May 12th at 1.1065 a final capitulation of weak longs, and could a new up trend be developing again?
While further news flow on the topic of US government debt, including updates on progress through Congress of a Republican tax cut and spending bill, may continue to dominate the direction of EURUSD across the rest of the week, sentiment could also be impacted by Thursday's release of the May forward looking PMI surveys from the Eurozone (0900 BST) and US (1445 BST), which will provide traders with an insight into the current health of these two major economies.
The current technical outlook may also be important.
Technical Update: Focus on Fibonacci Retracements
Interestingly, the sell-off into the May 12th low at 1.1065 did approach what might have been classed as a support level at 1.1056, marked by the 61.8% Fibonacci retracement of March 27th to April 21st price strength.
As you can see from the chart below, it is the test of this price level that looks to have prompted the latest EURUSD recovery.
Resistance Focus:
Traders may well now be focusing on 1.1263, which is equal to the 38.2% Fibonacci retracement of the April 21st to May 12th 2025 price weakness, a level that was successful in holding, on a closing basis, yesterday’s attempt to push to higher price levels.
That said, successful closing breaks above 1.1263 while no guarantee of further price strength, might leave some traders looking for an extension of the current upside move, with the next resistance potentially standing at 1.1381, which is the higher 61.8% Fibonacci retracement.
Support Focus: What if 1.1263 Caps Further Gains?
It is equally possible the 1.1263 Fibonacci retracement resistance can continue to hold, even turn price activity lower once more.
With this in mind, we should perhaps monitor support at 1.1171, which is equal to half the latest recovery move. Closing breaks below this level might then lead to a more extended phase of price weakness towards the 1.1056 retracement support, possibly further if this in turn were to give way.
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Bitcoin (BTC) Market Update – May 19, 2025📅 Bitcoin (BTC) Market Update – May 19, 2025
BTC is trading at $105,488 with a slight +0.0115% 24h uptick.
📊 Technical Snapshot:
• Price Range: $102,381 – $106,540 (Moderate volatility)
• Support: GETTEX:97K – $98.5K | Resistance: $110K – $115K
• Trend: Consolidation Phase – Awaiting breakout
🔗 On-Chain Highlights:
• 87% of supply in profit = Potential for sell pressure
• Accumulation increasing across wallet cohorts
• Improved investor sentiment
🧭 Fundamentals to Watch:
• Sharpe Ratio: 1.72 – High risk-adjusted returns
• ETF inflows rising = Institutional demand
• Macro Index flashing Buy signal
📈 BTC Price Outlook:
• Short-Term: $100K – $110K
• Mid-Term: $110K – $129K
• Long-Term: $174K – $462K 🚀
✅ Summary:
Bitcoin remains range-bound but shows strength in accumulation and fundamentals. Keep an eye on $110K resistance for a possible breakout.
#Bitcoin #BTC #CryptoAnalysis #SorooshX
Rise Retraced1 1/2 month we have risen only. The last weekly candle has opened a window.
As we have reached a perfect Fibonacci retracement level of 50% it may be not wrong to bet on a downward correction to close the window.
DXY demonstrates the USD is in troubleThis week's selloff has a chance of validating last week's Shooting Star candle.
It's only Tuesday, so there's still much time left, but if the DXY does fall here, the next stop is 97.50, and then 94.75.
I don't consider 97.50 a strong level, so somewhere near 95 is more likely.
Thursday's PMI numbers could push the USD in either direction. The last print was 50.6, and anything below 50 is considered a contraction, so little room for downside is available.
This report will be more carefully watched I believe than usual.
Gold price suddenly rises, how to get out of the trap at night🗞News side:
1. Humanitarian crisis in Gaza Strip, many civilians injured. I hope that world peace is all right
2. The call between the Russian and Ukrainian leaders is still ongoing
📈Technical aspects:
After gold fell back after touching 3250, it rose again and has broken through to around 3270. This rapid rise was unexpected. Although the 1H moving average turned upward, the gold price is currently consolidating at a high level. It is not suitable for us to enter the market at this time. We should remain on the sidelines and pay attention to the pressure at 3290 above. The short-term support below needs to pay attention to 3250-2540.
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
OANDA:XAUUSD FX:XAUUSD TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD
GOLD (XAUUSD): 2 Strong Bullish Patterns
As I warned you earlier, Gold is resuming a growth.
After completing a bullish accumulation, the price
is currently breaking both a neckline of an ascending triangle
and an inverted head and shoulders formation on a 4H.
I think that the price will rise more and reach 3320 resistance soon.
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Gold rebound height is limited, short goldTechnical aspects:
Gold has failed to make a major breakthrough in the recent rebound process, and the rebound height has been limited to a smaller and smaller level. Overall, gold is now in a state of shock and short position; as the center of gravity of gold shifts downward, the current short-term resistance is in the 3220-3230 area; and gold has tested downward many times recently, which makes it easier for gold to fall below 3200. Once gold falls below 3200 again, it is very likely to extend to 3190, or even around 3160.
Trading strategy:
Consider starting to short gold in batches in the 3220-3230 area, TP: 3205-3195
Gold BuysThis is what I'm looking at on Gold buys. Price has broken Asian range to the upside, I've set a buy limit order to go long when price retraces into the broken range.
XU 15M - 3235 SELL ZONE ( 3240 ZONE RES)3240 roof top high --> roof top midz / low - Sell into US session
Gold price fluctuates, 3200 becomes a key watershed🗞News side:
1. Yesterday, Russia and Ukraine had a positive development on the issue of war and peace
2. The situation in Israel has become more serious
3. The United States and the European Union have further negotiations on tariffs
📈Technical aspects:
At present, gold is in a volatile situation in the short term. From a technical point of view, the monthly chart of gold shows an upward trend, and the long-term trend is neutral to bullish; the weekly chart is in a high-level stagflation situation, and the medium-term trend is expected to be a stagflation correction; the daily MACD top divergence, there may be a rebound demand in the short term, and the 4H forms a double top suppression near 3250. We need to pay attention to the range breakthrough trend during the day. At the same time, on the news front, the situation in Israel is becoming increasingly serious. Before any major news comes out, we will focus on the support effect of the 3200 line in the short term, and focus on the 3240-3250 resistance range on the upside.
🎁BUY 3210-3200
🎁TP 3230-3250
🎁SELL 3242-3250
🎁TP 3230-3210
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD FX:XAUUSD OANDA:XAUUSD
