Short trade
Pair USDCAD
Sellside
Mon 13th Jan 25
10.30 am
Tokyo Session PM
Entry 1.44198
Profit level 1.43200 (0.69%)
Stop level 1.44340 (0.10%)
RR 4.96
Reason: Observing price action since the 7th of January and reaching a pivotal supply level on the 30-minute TF seemed indicative of a Sellside trade.
Candlestick Analysis
23K has emerged as a good support zone for Nifty. As of now the 2 day's positive closing has given hopes of 23K levels being a good support zone. However there are 4 major hurdles in the path of Nifty before it can move ahead with full force. Reliance result tomorrow can be of some help to Nifty if at all it is positive. On the other hand if Reliance result is negative it can be a major hurdle looking at the weightage of the script in the index. US Inflation data to be announced later tonight can also give a direction to the markets all over. FII selling pressure can diminish if Dollar falls and Rupee starts making a steady gain. After making a high of 86.69 2 days back USD is currently at 86.34 declining a bit which has increased optimism in the mood of market. Market Mood index is at 33.25 and has recovered from Extreme fear zone and has entered the fear zone.
Supports for Nifty remain at: 23053, 22663 and 22376 levels. Below 22376 Bears can drag Nifty further down by another 400 to 1000 points.
Resistances for Nifty remain at: 23283, 23397 (Mother line resistance), 23598, 23803 (Father line resistance), 24198 and finally 24802 levels. Bulls can be back in the game truly after closing above 24802 level only.
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
HBAR Hedera BIG Triangle BREAKOUT? HBARUSD Looking to EXPLODE!As we comb through a handful of Cryptos this morning HBAR is another one one SeekingPips RADAR.
ℹ️ A simple triangle formation will inevitably lead to a BREAKOUT.
STATISTICS tells us that there is a HIGHER PROBABILITY of a brekout to the UPSIDE as price will favour the TREND DIRECTION prior to the CONSOLIDATION.
As 2025 has barely begun it's not a bad idea to position yourself from now.
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Gold intraday 15/01/2025On the daily timeframe, #XAUUSD continues to show bullish momentum, driven by the strength seen following Friday's NFP data.
The market has established a clear trend, with Monday's price action forming a lower high pullback that has since been broken. Yesterday, we saw price break and retest the 2668 level, further reinforcing the bullish bias for the time being.
As long as price remains above this level, the outlook remains optimistic for further upside movement. However, a break and close below 2668 could signal a shift in momentum, warranting a re-evaluation of the current bullish stance.
Traders should stay vigilant and watch for key price action confirmations to align with the broader trend.
GOLD (XAUUSD): Intraday Bullish Confirmation?! I am impressed with the way Gold responded to the marked daily/intraday horizontal support following a slight decrease.
Initially, there was a double bottom formation, followed by a breakout above its neckline.
I believe that the market has the potential to keep increasing.
The next obstacle to overcome is the intraday resistance at 2695.
NQ Power Range Report with FIB Ext - 1/15/2025 SessionCME_MINI:NQH2025
- PR High: 20977.00
- PR Low: 20938.50
- NZ Spread: 86.0
Key scheduled economic events:
08:30 | CPI (Core|YoY|MoM)
10:30 | Crude Oil Inventories
Previous session printed volatile swings raising emotional value of participants
- Holding auction inside 21000 range
- Daily print advertising to indecision narrative
- Another AMP temp margin increase for expected economic news event vol spike
Session Open Stats (As of 12:35 AM 1/15)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47%
- Session Open ATR: 372.13
- Volume: 17K
- Open Int: 252K
- Trend Grade: Bull
- From BA ATH: -6.6% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22667
- Mid: 21525
- Short: 19814
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
Bitcoin bull flagIf there is no follow through with the head and shoulders pattern, keep an eye out for this bull flag.
The snap back in recent price action displays strength and a seek for liquidity.
The 2 green boxes are previous bearish fair value gaps. The consequent encroachment for both gaps are marked (green line through center).
Watch for the bearish FVGs to get flipped as support (inversion).
Watch the 0.5 (red line, consequent encroachment of the consolidation range) to get flipped as support.
The final sign that BTC is potentially ready for a markup phase is for the top bearish FVG to get displaced through and flipped as support (inversion).
I have projected a bars pattern of the previous run (bull pole starting in Sept. 2024) to help visualize volatility and a realistic timeframe if it were to play out similarly.
"History Doesn't Repeat Itself, but It Often Rhymes" - Mark Twain
2025 Q1-Q2 Top (projection lined up with April)
Sell in May and go away...
Switching Gears: Daily Takes the LeadAfter digging into the euro FX futures chart, it’s clear we didn’t need the weekly—today’s price action was written in the daily parent candle. From now on, I’m focusing on the daily and four-hour charts. Here’s why: the daily close provides the freshest, most actionable data, the real pulse of the market. The weekly? It’s simply broader context, useful but less immediate. Our fresh markup looks solid on the four-hour chart, and I’ll be watching closely for a setup in the New York session.
SPX Flow concepts in real timeThe **flow concept** in trading refers to the way markets move, either easily or with difficulty, in an upward or downward direction. It is a critical tool for traders to anticipate price movements and market behavior.
Key Points:
1. Types of Flow :
- Good Flow: Market moves easily in the expected direction, aligning with targets.
- Poor Flow: Market struggles or moves contrary to expectations.
2. Indicators of Flow :
- Range and direction of the bar.
- Location of the close within the bar (near highs or lows suggests direction).
- Degree of progress toward expected targets within an envelope system.
3. Using Flow in Trading :
- Flow helps traders anticipate targets and identify when market behavior deviates from expectations.
- It integrates multiple timeframes: higher time periods (HTP), lower time periods (LTP), and focus time periods (FTP).
4. Energy and Strength :
- Flow derives from the energy between support and resistance levels (e.g., PL Dot, envelope confines).
- Observing energy shifts at key levels helps predict future price movements.
5. Practical Applications :
- Monitor Real-Time Flow: Recognize changes in direction or strength to adjust strategies.
- Avoid Stops with Flow: Understanding flow can reduce reliance on stop-loss orders by enabling better decision-making.
Conclusion:
The flow concept emphasizes studying and monitoring market behavior dynamically, leveraging multi-timeframe analysis and energy zones. Mastery of flow allows traders to anticipate changes, make informed decisions, and reduce errors.
In the video you see three timeframes from right to left: 5 minutes, 15 minutes and 60 minutes. At key moments in time (at close) the flow shifts and this is marked with 3 green/red boxes allowing the candles to confirm/reject the flow concept. You can see on the 5 minute and 60 minutes the flow changes is identified and confirmed. The 15 minute timeframe shows quickly the same change but it is not confirmed. Then on the opposite side you several flow shifts that are not confirmed, but eventually they also provide confirmation on the 15 and the 5 minute timeframe. This concept shows the importance to flow above terminations or levels.
EUR/CHF: Is This the Perfect Bounce or Another Trap?Welcome back! It’s January 14, and this is Mr. Blue Ocean FX diving into EUR/CHF, a pair that’s been hammered relentlessly over the past months. But today, we see a potential scalping opportunity amidst the chaos.
On the monthly timeframe, EUR/CHF shows repeated sweeps of key liquidity levels, with a recent bullish close in December 2023. Scaling down to the weekly timeframe, there’s a clear higher low formation following a massive impulse move from 2023 into mid-2024.
Drilling into the daily and H4 charts, we find strong confluences, including a break-and-retest setup at 0.9405 and decreasing bearish volume—indicators of a potential short-term bounce. On the M30, volume spikes suggest we may sweep liquidity at 0.9418, with targets set around 0.9438.
While EUR/CHF’s overall trend remains bearish, this scalp offers a calculated opportunity with precise entries and tight risk management. I’ll be watching closely for strong breakout confirmations before entering. Remember, this is a high-risk setup, so manage your trades wisely.
Let’s see if the Euro can deliver a brief comeback against the Swiss Franc. Share your thoughts below, and don’t miss the next video for updates!
NASDAQ LONG SETUPNnasdaq just rejected the 1h fvg, and the candles were closing above the fvg. it then came to the order block and rejected straight at the candle open. now, I am waiting for one last confluence: the current bullish candle to close above the fvg. then that will be my buy, targeting the latest high where there's a high chance that there's resting liquidity. but go long now; there's enough proof to do so.
Bank Nifty Analysis:- Sell-on-Rise Opportunity Near 49,900 ZoneHello Everyone, i hope you all will be doing good in your life and your trading as well. Today i have brought an analysis on Banknifty for short term view for few days. First of all let me tell you Banknifty chart is painting a clear picture of a sell-on-rise market . The 49,800-50,000 zone stands out as a strong resistance area, making it an ideal level for initiating short trades. This zone aligns with the broader bearish sentiment, especially after the breakdown of the key 49,000 support, which now acts as resistance. On the downside, 48,215 is the immediate support where a pullback could pause, followed by stronger levels at 47,283 and 46,696 .
Looking at the RSI, it’s nearing oversold territory , which hints at a possible short-term bounce. However, the larger trend still favors sellers. To act on this, short positions can be built near 49,800-50,000 , but make sure to confirm with bearish candlestick patterns like a bearish engulfing or shooting star . For targets, aim for 48,215, 47,283 , and potentially 46,696, while keeping your stop-loss above 50,325 to protect against sudden reversals.
The market’s message is clear that this is a sell-on-rise setup, and patience combined with discipline can lead to high-probability opportunities in this bearish trend.
Disclaimer: This analysis is for educational purposes only. Please trade responsibly and consult a financial advisor before making any decisions.
If you found this analysis helpful, don’t forget to like, follow, and share your thoughts in the comments below! Your support keeps me motivated to share more insights. Let’s grow and learn together—happy trading! 🚀 Also, check my profile for other trading-related ideas @TraderRahulPal .🚀
GBPJPY: Classic Breakout Trade The GBPJPY recently broke and closed below an important daily support level.
Following the breakout, the price retested the broken support and began consolidating within a range.
A bearish breakout from this range serves as a strong confirmation of further bearish movement, increasing the likelihood that the breakout is legitimate.
It is anticipated that the price will decline to a level between 190.99 and 190.23.
Don't FOMO in ETH if you missed this pump but waitIf you missed the current pump don't FOMO in because you will get trapped again.
Wait for the price enter the supply zone indicated in blue.
Then they will drop the price again that's actually a good entry also.
And then the price will go bullish to the next level.
The reason it's highly likely they will drop the price again is that whales know that people FOMO into the trade now at the worst point.
When they drop the price again you litterly handing the money over to them because you will panic sell thinking the market will go bearish. First missed the first pump and second entry is a FOMO entry so the entry is not a confident and strong entry. That's why if some volatility happens you cannot handle it emotionally to stay in.
What's actually not true and the market will go bullish from here!
Long Trade
15min TF overview
Buyside trade
Pair DOGEUSD
Mon 13th Jan 25
3.15 pm
NY Session PM
Entry 0.32861
Profit level 0.34759 (5.78%)
Stop level 0.32622 (0.73%)
RR 7.94
Reason: Phase C to D, according to Whykoff's observation on the 15-minute TF, indicates a buyside trade. (Trending inside the range.?) .
EURNZD signal: 4H / 1D Beautiful SellEURNZD ( 4H / 1D )
Market price : 1.84475
Sell now : 1.84475
Tp1 : 1.83687
Tp2 : 1.82485
Sl : 1.85480 ( 70 pip )
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ❤️
Remember this is a position that was found by me and it is a personal idea not a financial advice, you are responsible for your loss and gain.