Captures 1:15 in US OIL Today i captures 1:15 in us oil
the annalysis was simple and clean as always i took trade on breakout of zone with proper research & annalysis and booom, as always we got our profit
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Chartpattren
NAVA LIMITED – Bullish breakout in 1d soonNAVA Limited is currently exhibiting strong bullish momentum, supported by both technical indicators and improving fundamentals. The stock has shown a sustained uptrend with higher highs and strong volumes, indicating buyer dominance.
✅ Key Bullish Factors:
📊 Strong Fundamentals: Consistent profitability with solid EBITDA margins and minimal debt. Recent buyback reflects management's confidence in the company.
💡 Technicals in Favor: Price trading above key moving averages (20/50/100 EMA), showing strong trend continuation.
🔄 Breakout Confirmation: Stock recently broke past a key resistance zone and is now forming a new base, suggesting potential for the next leg up.
📈 Momentum Indicators: RSI above 60, MACD showing bullish crossover, and volume buildup on green candles.
🏭 Diversified Business: Exposure to energy, ferro alloys, and mining – adding stability and growth potential.
🎯 Potential Upside Levels:
Immediate Target: ₹658
🔒 Stop-Loss: ₹419 (Below key support or recent swing low)
📌 Strategy: Ideal for swing or positional traders looking for high-probability setups with risk-reward in favor.
🧠 Disclaimer: This is not investment advice. Please conduct your own analysis or consult a financial advisor before making any trading decisions.
USD/JPY) bearish Technical Analysis Read The captionSMC trading point update
Technical analysis of USD/JPY (U.S. Dollar vs. Japanese Yen) on the 4-hour timeframe. Here's a breakdown of the analysis:
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Trend & Price Action
The chart shows a descending trendline connecting recent lower highs, indicating a downtrend.
Current price: 143.548
Price has recently rejected off the trendline and started to fall, suggesting continued bearish momentum.
A red arrow marks the rejection point, emphasizing a key resistance area.
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Technical Indicators
EMA 200 (Exponential Moving Average): At 144.459 — the price is currently below the EMA, reinforcing the bearish outlook.
RSI (Relative Strength Index):
RSI (14) values: around 35.45, which is near the oversold threshold (30) but not quite there yet.
Indicates increasing bearish momentum but no reversal signal yet.
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Support Levels Identified
1. Support Level (Target 1): ~142.280
First target point for bears. Likely to see some reaction or consolidation here.
2. Big Support Level (Target 2): ~140.382
A stronger, more significant support zone and a deeper bearish target if the first support breaks.
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Bearish Target Scenario
The projected path (in black lines) suggests:
A further drop into the 142.280 zone.
If that breaks, a continuation toward the 140.382 level.
This suggests a swing trade setup favoring short positions if the price respects the current rejection zone.
Mr SMC Trading point
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Conclusion
Bias: Bearish
Resistance Confirmed: Rejection from descending trendline and below EMA200.
Bearish Targets:
Short-term: 142.280
Medium-term: 140.382
Risk Management: Watch RSI for potential bullish divergence near the second support zone, which could indicate reversal or consolidation.
---
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USD/CAD) Down Trand analysis Read The captionSMC trading point update
Technical analysis of USD/CAD (U.S. Dollar / Canadian Dollar) currency pair on the 2-hour timeframe, and it suggests a potential sell setup based on price action, key levels, and momentum indicators.
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Chart Summary
Pair: USD/CAD
Timeframe: 2H
Current Price: 1.36432
EMA 200: 1.37436
Direction Bias: Bearish
Volume: 6.92K
Key Tool: EMA 200, RSI, Support/Resistance Zones
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Technical Breakdown
1. Resistance Zone / Supply Area (~1.3680 - 1.3700)
The yellow box highlights a strong resistance zone.
Marked by three red arrows, where price has repeatedly rejected.
Indicates clear seller dominance in this area.
2. Break of Support Level
Price broke below the yellow support area and is now trading below it.
This signals a bearish breakout from a consolidation zone.
3. EMA 200 Trend Confirmation
EMA 200 (blue line) is sloping down.
Price is below the EMA, confirming bearish trend bias.
Acts as dynamic resistance.
4. Bearish Flag/Channel Break
A bearish flag or wedge pattern seems to have been broken downward.
The measured move (blue vertical line) suggests the projected drop.
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Target Point
Target Price: 1.34951
This is based on the measured move from the resistance zone.
It aligns with the previous demand/support zone.
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RSI (Relative Strength Index)
RSI (14) is 36.37, approaching the oversold zone.
This shows strong bearish momentum, but it also means price may stall or bounce slightly before continuing downward.
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Trade Setup Idea
Entry: After confirmation of breakout below 1.3640
Stop Loss: Above 1.3700 (resistance zone)
Take Profit: 1.34951
Risk-to-Reward: ~1:2+
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Risk Management & Caution
If price moves back into the yellow zone or breaks above 1.3700, the setup is invalidated.
Watch for high-impact news events (marked on the chart with U.S. flags) that may trigger volatility.
Mr SMC Trading point
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Conclusion
This is a well-structured bearish idea based on:
Resistance rejections
Break of support
Downward EMA slope
Bearish RSI reading
It reflects strong downside potential toward 1.3495, offering a clean shorting opportunity for swing traders
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GBP/JPY) Bearish analysis Read The captionSMC trading point update
Technical analysis of GBP/JPY (British Pound / Japanese Yen) based on multiple Technical signals on the 4-hour timeframe. Let's break it down in detail:
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Overall Analysis Summary
Direction Bias: Bearish
Timeframe: 4H
Price (at analysis time): 195.033
Tool Used: EMA 200, RSI, Support/Resistance, Chart Pattern
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Technical Components
1. Strong Resistance Zone (~195.800 - 196.200)
Marked by 3 red arrows.
Price has rejected this level multiple times, forming a Triple Top pattern.
Suggests strong selling pressure and low probability of price breaking higher in the short term.
2. Trendline Break (Structure Shift)
Ascending support trendline (marked with "$$$") is broken.
This is a key market structure break, indicating the bullish momentum is weakening or reversing.
3. EMA 200 (193.661)
Price is currently just above the 200 EMA.
A clean break and close below the EMA would confirm trend reversal.
EMA often acts as dynamic support/resistance.
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Target Zones
Two downside targets are indicated:
Target 1: 192.600
Minor support level, could be the first stop for bearish pressure.
Target 2: 190.733
Strong historical support zone (yellow box labeled big support level).
Also aligns with measured move from the top of the range to the base (height of the range).
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RSI (Relative Strength Index)
RSI (14): ~43.40
Neutral zone (not oversold yet), meaning there’s room for more downside before oversold conditions are hit.
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Trading Psychology & Risk Management
This setup assumes:
Sellers continue to defend the resistance zone.
Break of structure (trendline + EMA) confirms shift.
Traders may consider short entries below 194.800–195.000 with stops above 196.200.
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Trade Idea (Based on This Chart)
Entry: Below 194.800 (after break confirmation)
Stop-Loss: Above 196.200
Take-Profit 1: 192.600
Take-Profit 2: 190.733
Risk-Reward: Favorable (~1:2+)
Mr SMC Trading point
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Caution
If price reclaims 196.200 and closes above the resistance, bearish setup is invalidated.
Watch for fakeouts near EMA.
plesse support boost 🚀 this analysis)
INDUSTOWER at Best Support Zone !!This is the 4 hour chart of INDUSTOWER .
INDUSTOWER having good Law of Polarity at 360-370 range.
The stock is forming a Descending Triangle pattern on th L.O.P at 375 range .
If this level is sustain , then we may see higher prices in INDUSTOWER.
Thank You !!
NESCO at Resistance zone !!This is the Daily Chart of NESCO.
Nesco having good law of polarity at 1050 range.
NESCO is forming a pattern near its L.O.P, characterized by the development of an Ascending Broadening Wedge. The resistance zone for this formation is positioned between 1050 and 1060 levels
if this level is sustain, then we may see lower prices in NESCO.
THANK YOU !!
CORRECT WAY OF WATCHING YOUR SCREENI believe if you really wanna achieve success in trading it is very important to see how you are looking your charts, while watching your charts your love curves should be easily visible. Creating that perception is trading. On a serious note Gold movement is amazing.
Jindal stainless ltdJindal Stainless Ltd has been forming higher lows and has now broken through the key resistance level at 660. With this congestion breakout, the stock signals a continued bullish move, potentially heading towards the target of 740.
Please conduct your own technical analysis and apply proper risk management before taking any trade. This is solely my personal view.
#jsl #bestbreakout #uptrend #longteam
ETH Bullish | Inverse H&S | Cup and Handle PatternEthereum is still dragging its feet towards a new ATH, or at least, towards a high. But there are some positive signs showing up on the chart.
Make sure to check out yesterday's update on Bitcoin:
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BINANCE:ETHUSDT
XAU/USD) Breakout strong bullish trend Read The captionSMC Trading point update
Technical analysis chart of gold (XAUUSD) on the 4-hour timeframe. Here’s a breakdown of the key ideas presented in the chart:
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Key Support/Resistance Zone
A yellow rectangular zone marks a significant support/resistance level.
This level was previously a resistance and has now been flipped into support ("new support level").
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Trend Analysis
Uptrend line (lower diagonal line): Shows support and higher lows forming a bullish structure.
Downtrend lines (upper diagonals): Show past resistance levels being tested.
Strong downtrend line has now been broken, which is bullish.
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Target Points
Three bullish targets are marked:
1. $3,436.70
2. $3,500.93
3. $3,647.33
These targets seem to be based on:
Breakout above the resistance zone.
Measured move projections from previous impulsive rallies.
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Technical Indicators
200 EMA (Exponential Moving Average): Currently at $3,261.87, acting as dynamic support.
RSI (Relative Strength Index):
Current RSI is 54.80, indicating neutral momentum.
Previously touched overbought zone (~69), indicating strong recent bullish momentum.
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Arrows
Green arrows mark strong bullish bounce points.
Red arrow marks a rejection from the downtrend line (previous resistance).
Mr SMC Trading point
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Conclusion (Idea Summary)
Price has broken out of consolidation and downtrend resistance.
If the price holds above the yellow support zone and 200 EMA, a bullish continuation is likely.
Targets: $3,436 → $3,501 → $3,647.
Confirmation of breakout and momentum depends on volume and RSI behavior in coming candles.
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pelas support boost 🚀 analysis follow)
USD/JPY) breakout bearish trand analysis Read The captionSMC trading point update
Technical analysis of the USD/JPY (US Dollar / Japanese Yen) pair on a 2-hour timeframe. Here's the idea behind the analysis:
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Overall Idea: Bearish Move Toward Support
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Key Levels
Resistance Zone (Yellow Box, Top): Marked with two red arrows — shows strong price rejection around 146.00–147.00 area.
Support Zone (Yellow Box, Bottom): Around 139.85, marked as a target point and support level.
These two zones form the range in which price has been reacting.
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Current Price Action
Price is currently trading at 142.649, well below the 200 EMA (at 144.190), which is a bearish signal.
It has broken below the mid-range and seems to be heading toward the lower support zone (139.85).
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Trend & Structure
The price is following a downward trend after rejecting from the resistance zone.
The channel suggests a further leg down is likely to complete a measured move.
A temporary retest of the broken trendline might occur before continuation down.
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RSI (Relative Strength Index)
Currently around 31.83, nearing oversold territory, indicating the potential for:
A short-term bounce before further downside, or
A reversal near the key support zone.
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Projection
The projection arrow (blue) suggests a bullish rebound from the 139.85 support zone.
This aligns with a potential buy opportunity once support is confirmed.
Mr SMC Trading point
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Conclusion (Trade Idea Summary)
Short-Term Bias: Bearish
Medium-Term Setup: Look for a buy opportunity around 139.85, if price reacts well.
Key Steps:
1. Watch for price to reach 139.85.
2. Look for bullish reversal patterns or confirmations at that level (e.g., bullish engulfing, RSI divergence).
3. If confirmed, a potential long trade could target back toward the 144–145 zone.
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XAU/USD) Technical analysis Read The captionSMC trading point update
Technical analysis of Gold (XAUUSD) on the 1-hour timeframe. Here's a breakdown of the key ideas in the analysis:
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Chart Elements:
Support Level (Yellow Zone at ~3,340–3,350):
This area has been highlighted as a key support zone where price has bounced previously.
Price is currently hovering just above this level.
Downtrend Line:
A descending trendline is drawn, indicating a short-term bearish trend.
A breakout above this line could trigger bullish momentum.
Two Scenarios Outlined:
Bullish Scenario:
If price breaks the downtrend and holds above support, it may rally towards the upper target point at 3,419.68.
Bearish Scenario:
If price breaks below the support, the next target point is marked lower around 3,300.62, a previous consolidation area and close to the 200 EMA (blue line).
200 EMA (~3,324.72):
Acts as dynamic support. If price moves below it, bearish sentiment may increase.
RSI (Relative Strength Index):
RSI is neutral (~50.54), not showing overbought or oversold signals, leaving room for movement in either direction.
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Key Takeaways:
Neutral-Biased Setup: The price is consolidating between a clear support level and downtrend resistance.
Confirmation Needed: A breakout from either direction is necessary to confirm the next move.
Bullish Breakout: May lead to a retest of highs at 3,419.68.
Bearish Breakdown: Could push the price toward 3,300.62, aligned with past support and the 200 EMA.
Mr SMC Trading point
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Trading Ideas (based on this analysis):
Long Entry: On breakout above the downtrend line + confirmation above 3,360.
Short Entry: On breakdown below 3,340 with strong volume.
Stop-Loss: Just outside the consolidation zone depending on trade direction.
Risk Management: Be cautious around economic news (calendar icons shown suggest upcoming events).
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AJA'S Gold view... Daily Timeframe Analysis.Gold has been on a correction spree now, with short term buys.
On the monthly timeframe, Gold is completely OVERSOLD.
From my analysis on the daily timeframe, the bear power is more, we'll keep selling to our poi, which is our order block at 3025-2975.
Gold needs to make a huge correction by coming down past the inducement point at 3122 before hitting the order block at that BOS.
Then we'll see if the bearish market will continue, or the bull will take power.
What do you think about this analysis?
earish trand analysis Read The ChaptianSMC trading point update
Technical analysis of (BTC/USDT) based on the 4-hour timeframe. Here’s a detailed breakdown of the analysis and the idea behind it:
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Key Components of the Analysis:
1. Resistance Zone (FVG - Fair Value Gap):
The yellow zone marked as “fvg resistance level” indicates an area where price previously dropped quickly, suggesting inefficiency or imbalance in the market.
Price is approaching this zone again, which acts as a strong resistance.
2. Trendline & Lower Highs:
A descending trendline (with red arrows) shows consistent lower highs, indicating ongoing bearish pressure.
Each rejection from the trendline reinforces sellers’ dominance.
3. CHOCH (Change of Character):
The label “choch” signifies a market structure break, where bullish structure turned bearish.
This marks the transition to a downtrend.
4. EMA 200 (Exponential Moving Average):
The EMA (currently around 102,753) acts as dynamic support.
Price is currently trading above it, but a rejection from the resistance may push it below.
5. Target Zone:
A yellow box near 100,817.99 is labeled “target point”, indicating a possible short-term bearish target if price gets rejected at resistance.
6. RSI (Relative Strength Index):
RSI is around 47.11, slightly below neutral (50), suggesting bearish momentum could be building.
No clear oversold or overbought conditions yet.
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Trade Idea Summary:
Bias: Bearish
Scenario:
If price reaches the resistance zone (~106,800–107,500) and fails to break above, a sell-off is expected.
First target: 100,800–101,000 zone
Price may also dip below EMA 200 confirming bearish strength.
Confirmation:
Rejection candle or bearish engulfing pattern near resistance.
RSI staying below 50 and starting to dip.
Invalidation:
Clean breakout and close above the resistance zone and trendline (~108,000+).
Mr SMC Trading point
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Conclusion:
This chart sets up a high-probability short trade around the resistance area, leveraging both structural and momentum indicators. It suggests waiting for confirmation of rejection before entering, targeting the previous support and imbalance zone below.
Pales support boost 🚀 analysis follow)
XAU/USD) Bearish trand analysis Read The ChaptianSMC trading point update
Technical analysis of XAU/USD (Gold Spot) on the 1-hour timeframe, based on Smart Money Concepts (SMC). Here's a breakdown of the idea and trading scenario:
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Overall Idea: Bearish Continuation
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Market Context
Current Price: $3,291.99
EMA 200: $3,297.69 (acting as dynamic resistance)
Trend: Price is within a descending channel, respecting both downtrend and uptrend lines
Directional Bias: Bearish unless a breakout occurs
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Key Zones
1. Resistance Level (Sell Zone)
Around $3,320–$3,340
Price rejected this level multiple times → strong supply zone
2. FVG Level (Fair Value Gap)
Around $3,305–$3,315
Price tapped this area and showed rejection
Identified as a "seller zone" – price likely filled imbalance and now resuming trend
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Projected Move
Price is expected to:
1. Reject EMA and FVG zone
2. Continue downward movement
3. Target support around $3,244.95
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Indicators
EMA 200: Above price → bearish pressure
RSI (14): ~46.78 → no extreme reading, but leans bearish; room for further downside
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Trade Idea Summary
Bias: Bearish
Sell Entry: ~$3,300–$3,310 (already triggered)
Stop Loss: Above $3,320
Target: $3,244.95 (demand zone / previous low)
Risk/Reward: Favorable (~1:2+)
Mr SMC Trading point
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Warnings
Multiple economic event icons are marked (bottom of chart) → potential high volatility, especially around NFP/FOMC-related news
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pales support boost 🚀 analysis follow)
EUR/USD) Bearish breakout analysis Read The ChaptianSMC trading point update
Technical analysis of EUR/USD on the 1-hour timeframe, likely projecting a short-term downward move. Here’s a breakdown of the technical analysis and the trade idea:
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Key Elements in the Chart:
1. Bearish Rejection from Resistance:
Price was rejected twice near the 1.14400 resistance zone (highlighted in yellow).
The red arrows mark double rejection at this level, suggesting strong selling pressure.
2. Break of Rising Channel:
Price was previously moving inside a rising channel.
Recent price action shows a clear breakdown below the lower trendline, indicating trend reversal.
3. 200 EMA (Exponential Moving Average):
EMA is around 1.13188 and price is below it, reinforcing bearish momentum.
EMA also acted as dynamic resistance after the channel breakdown.
4. Target Zone – Support Area:
The yellow support zone around 1.10911 is the target point.
This was a previous area of price consolidation and demand.
5. RSI (Relative Strength Index):
RSI is near 51, hovering around the neutral zone.
Not strongly bearish yet, but room remains to drop toward oversold if the downtrend continues.
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Trade Idea Summary:
Bias: Bearish
Scenario:
Price has broken a key structure and is retesting the breakdown.
Expect continuation toward the 1.10900 support zone.
Entry Zone:
Near current price (~1.13400–1.13500), ideally on a retest of the EMA or broken trendline.
Target:
1.10911 (highlighted support level).
Stop-Loss (Invalidation):
A break and close back above the resistance zone (~1.14000–1.14200).
Mr SMC Trading point
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Conclusion:
This is a high-probability bearish setup following a structure break, retest, and double top rejection. It targets a move back down toward a previously strong support level, with a favorable risk-to-reward ratio.
Pales support boost 🚀 analysis follow)
GBP)JPY) Technical analysis setup Read The ChaptianSMC trading point update
Technical analysis of GBP/JPY (British Pound / Japanese Yen) on the 3-hour timeframe using Smart Money Concepts (SMC) and structure-based patterns.
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Market Overview
Current Price: 193.808
EMA 200: 193.100 (acting as dynamic support)
RSI (14): 42.24 → Neutral/Bearish territory
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Two Possible Scenarios (Bullish & Bearish)
Bullish Scenario
Zone of Interest: 193.1–193.5 (support area)
Price is hovering just above the support level and 200 EMA.
Double green arrows mark previous rejections = demand zone.
If price respects support and forms a higher low:
Possible rally to:
First Target: 196.415
Second Target: 198.838
Bearish Scenario
If price breaks below the yellow support zone and 200 EMA:
Clean path down to:
Target Point: 190.098 (marked strong support zone)
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Zones of Importance
Support Level: 193.0–193.5 (minor support, under retest)
Strong Support Level: ~190.1 (high probability bounce zone)
Target Resistances:
196.415 (intermediate high)
198.838 (major resistance / swing high)
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Trade Plan Summary
Direction Entry Zone SL Target R/R Potential
Long 193.1–193.5 Below 193.0 196.4 / 198.8 1:2 to 1:3+
Short Below 193.0 Above 194.0 190.1 1:2+
Mr SMC Trading point
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Additional Notes
Watch price action closely at the support zone before entry.
RSI shows some bearish momentum but not oversold yet.
The outcome may be influenced by JPY strength and macro events (check economic calendar).
pales support boost 🚀 analysis follow)
USD/JPY) bullish choch Analysis Read The ChaptianSMC trading point update
Technical analysis of USD/JPY presents a bullish outlook with Smart Money Concepts (SMC)-based logic. Here's a breakdown of the idea and key elements:
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Chart Summary
Current Market Context
Price: ~144.05
EMA 200: Acting as dynamic resistance at 144.19
Trendline: Broken, signaling a potential shift in market structure
Change of Character (ChoCh): Confirmed around 143.3, marking a bullish transition
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Key Zones Identified
1. Support Level (Strong Demand Zone)
Around 141.8–142.5
Marked by historical rejections
Possible mitigation of unfilled orders here
2. Fair Value Gap (FVG)
Between 143.0–143.8
Price may return to fill this imbalance before rising
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Projected Move
Price is expected to:
1. Dip into the FVG or Support Zone to mitigate imbalance
2. Reverse and make a bullish rally
3. Reach the target point near 148.68 (approx. +4.55%)
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RSI Analysis (14-period)
Current RSI: ~49 (neutral)
No overbought/oversold condition
Room for upside momentum
---
Notable Features
Break of structure (ChoCh) → Bullish signal
EMA crossover potential → Bullish confluence
Multiple FVG fills + support reaction → Entry confirmation opportunities
Economic events marked → Be cautious of volatility spikes
Mr SMC Trading point
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Trading Idea Summary
Buy Entry Zone: 141.8–143.0 (support or FVG)
Stop Loss: Below 141.5
Target: 148.68
Risk/Reward: Favorable (approx. 1:3+)
Pales support boost 🚀 analysis follow)
USD/JPY) Bullish reversal analysis Read The ChaptianMr SMC Trading point update
Technical analysis for the USD/JPY (U.S. Dollar / Japanese Yen) on the 4-hour timeframe. Here's a detailed breakdown of the idea and strategy:
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Key Components of the Chart:
1. Strong Support Zone:
The yellow zone is labeled as a “big support level of pullback”, around the 142.00 – 141.20 range.
Price has historically bounced from this zone, suggesting demand and buyer interest.
2. Bullish Structure Setup:
Price is forming a double bottom or potential reversal pattern in the support zone.
A downtrend line is clearly marked, and a break above this trendline would signal bullish continuation.
3. EMA 200 (at 145.020):
The EMA is currently acting as dynamic resistance.
A breakout above the EMA would confirm further bullish momentum.
4. RSI Indicator:
RSI is currently below 30, indicating the market is oversold – a common precursor to a bullish reversal.
5. Target Levels:
Target 1: 145.803 – likely the first resistance level or EMA retest.
Target 2: 148.587 – a prior high and strong resistance area.
6. Projection:
Price is expected to bounce from support, break the trendline, retest, and then rally to higher levels.
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Trade Idea Summary:
Bias: Bullish
Entry Zone: Near 142.00 – 141.20 (support zone)
Confirmation: Break above the descending trendline + bullish RSI divergence
Targets:
TP1: 145.803
TP2: 148.587
Invalidation: Break and close below 141.00 (support zone broken)
Mr SMC Trading point
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Risk Management Suggestion:
Use a tight stop-loss below the support zone, considering it's the key reversal area. Also, keep an eye on fundamental factors such as U.S. and Japan interest rate decisions or key economic events (indicated by the icons on the chart).
Pales support boost 🚀 analysis follow)
EUR/USD Technical Outlook (Read Caption)📈 EUR/USD Technical Outlook
🗓️ Date: May 28, 2025
🕒 Timeframe: Likely 4H
💵 Current Price: 1.13387
📍 Chart Zones & Market Structure
🟣 Support Zone (1.1280 – 1.1310)
🟢 Buyers Active!
✅ Strong demand visible with multiple bullish rejections (marked by green arrows).
🛡️ Market respects this zone – accumulation possible.
🧲 Acts as a springboard for upward moves.
🔴 Resistance Zone (1.1420 – 1.1450)
🔻 Sell Pressure High!
Repeated rejection at this level (red arrows 📉).
🚫 Strong resistance; previous highs couldn’t sustain.
⚠️ Price may pause or reverse here again.
📊 Price Action Pattern
📐 W-Pattern / Double Bottom Formation
The chart outlines a potential W-shaped recovery from support.
🔄 Suggests possible bullish reversal if neckline breaks around 1.1380.
🎯 Target post-breakout aligns with resistance zone (1.1420+).
🔮 Bullish Scenario (Blue Arrow)
💡 Plan: Break + Retest at 1.1380 = 🚀 Long Opportunity
📈 Target: 1.1420–1.1450 zone
📦 Entry confirmation: Bullish engulfing or strong breakout candle
🛑 SL: Below 1.1310
🧠 What to Watch
🔔 Key Economic Events Coming (🎯🇺🇸 & 🇪🇺 icons):
High volatility expected — align trades with fundamentals.
📅 News catalysts can validate or invalidate the technical setup.
🧭 Professional Tip
📌 "Structure first, signals second"
Let the price react at key zones before entering.
Patience + Reaction = Precision Trades 🧠📊
✅ Conclusion
The market is in a neutral-to-bullish phase, trading between well-defined support and resistance. With a clean structure forming and economic events lining up, it’s a great moment to stay alert, plan your entries, and execute only with clear confirmation. 🎯📉📈
Bitcoin's Breakout Fizzles: Is a Major Reversal in Play...?Bitcoin Technical Analysis – In-Depth Breakdown
Over the past two months, Bitcoin has exhibited a strong bullish trend, appreciating by approximately 51%. The sustained rally was primarily driven by bullish momentum, increased investor confidence, and broader market sentiment.
Recently, Bitcoin broke through its all-time high (ATH) of 106,500, surging to a new peak near 112,000. However, this breakout was short-lived as the price failed to sustain above this level, indicating significant profit-taking activity by traders and long-term holders. This inability to hold the ATH region highlights a potential liquidity pocket where sell orders accumulate, resulting in a rejection wick and a subsequent reversal.
From a Technical perspective:
The price has now fallen back below 106,500, turning this key level into a major resistance zone. Historically, once a strong resistance level (like an ATH) is breached and subsequently reclaimed, it often acts as a formidable barrier to upward price movement unless there’s renewed bullish momentum.
Additionally, Bitcoin has broken its ascending trendline (drawn from the lows of the uptrend) and has already retested this trendline from below. The retest was successful in confirming the breakdown, which further strengthens the bearish bias.
The price structure is now forming a potential lower high pattern near the 106,500 resistance. This could signal a shift in market sentiment from bullish continuation to consolidation or correction.
In terms of market psychology, the all-time high region represents a crucial psychological barrier. Traders and investors often exhibit heightened caution near such levels. Many choose to lock in profits due to fear of a double top or a false breakout. This behavior can create increased volatility, especially when combined with institutional and retail order flows.
Trading Strategy and Risk Management
Given the technical breakdown and the psychological factors at play:
✅ A short position can be considered, particularly around the 106,500 resistance, with confirmation from the trendline retest.
✅ However, exercise caution due to the high volatility typically observed near ATH levels. Whipsaws and fakeouts are common as both bulls and bears battle for control.
✅ Avoid high-leverage positions unless you have a strict stop-loss in place. Ideally, place the stop-loss just above the 106,500 - 107,000 zone, where a decisive breakout would invalidate the short setup.
✅ For profit targets, initial supports are seen around 100,000 - 98,000, and a deeper correction could test the 94,000 - 92,000 zone.
✅ Wait for clear confirmation, such as a strong bearish candle on the retest of the resistance, before entering the trade.
BTC Update on a Daily Timeframe.Hello Traders,
BTC is currently attempting to hold its price above a key resistance level. On the daily timeframe, we can observe a clear breakout and retest, and it’s now showing signs of a rebound.
What we need now is for BTC to hold this level on the daily close to confirm bullish strength.
However, a breakdown below this support could lead to a significant drop in price.
While the sentiment remains optimistic, it’s important to stay aware of all possible scenarios.
Trade safely, and always do your own research and analysis before investing.
