Reliance Ind, IHNS Formation on Daily TFafter a down trend Reversal Pattern Found Let`s What Happen In coming Days
Head and Shoulders
The bearish trend will continue📍Since the day before yesterday, I've been sincerely inviting everyone to watch the bear dance.Gold has decisively broken below the recent support zone at 3030-3026 and extended its decline to around 3021. Based on this price action, two key conclusions can be drawn:
1. 3057 is now confirmed as the current high.
2. Gold has successfully formed a head and shoulders pattern in the short term.
📍This indicates that bearish momentum remains strong and far from exhausted. Under the pressure of structural resistance, gold is likely to continue testing lower support levels around 3010-3000, with a possible extension toward 2995.
🔎Trade Idea:
Xauusd: Sell at 3035-3045
TP:3015-3005
SL:Adjust according to risk tolerance.
📩Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
Gold Perfect Candidate to ShortGold is moving in pattern forming head and should pattern at the top, This is perfect candidate to short
Gold is ready for retracementAs we can witness the current resistance and ATH stands at 3057.
yesterday gold did a strong pullback to the CMP support 3025 however fail to break above ATH support that currently becomes resistance for the current market price today.
I won't be trading at the current support area as in H1 full HNS has formed in this CMP which showing signs of a strong pullback to certain location that gold left a gap for the current bull run to cover it up potentially. only if it broke from current ranging then to decide on the trade with more clarity for gold towards its directions
In the bigger Timeframe for Weekly is still an uptrend. The bias is still buy at certain zones such as 3012-15 which a hidden H1 swap zone of H4 breakout this zone potential a good 80-100pip rejections area. need to monitor thou for this trade as it'll rate as still high risk.
next good zone with higher chance to win is 2998-3002, why, it took gold several touches in H1 and H4 to be able to finally break that resistance before it able to climb to the current ATH. target to win here atleast 100-150 pips. This trade would be rating as medium risk trade.
one more of most gold favourite area to sweep buyers is Daily swap zone which usually can contribute to a homerun trade of swing 1-3 days for a good 300-500pips standing in the area of 2984-2989.This trade would be rating as low risk trade
Last is the no Brainer trade when gold arrive to the location of previous ATH in weekly of 2956-54 area. This even a yolo trader can win atleast 200pips should provide a good rejections however usually it'll go deeper to chase those SL or margin call accounts and usualy can happen on great news week. will not happen today but if does its a sin not to take a trade there.
Nifty Media Index – Strong Reversal from Support! The Nifty Media Index has shown a strong bounce from a crucial support zone, gaining +10.83% in recent sessions. This move indicates a potential trend reversal!
📊 Key Observations:
✅ Support Retest Successful: The index held above the key 1,450-1,500 zone and bounced.
✅ Breakout Confirmation: Price is attempting to sustain above this level, signaling further upside potential.
✅ Next Resistance: The 1,650-1,700 zone could act as the next target.
⚠️ Trading Plan:
A sustained close above 1,550 could trigger further upside.
If the breakout sustains, 1,650-1,700 could be the next target.
Support at 1,450 should hold for a bullish continuation.
GOLD (XAUUSD): Correctional Movement Ahead?After experiencing a strong uptrend, ⚠️Gold appears to be overbought.
By analyzing the 4H chart, we can see a complete head and shoulders pattern.
A bearish trend will be confirmed if the price breaks below the horizontal neckline.
If a 4-hour candle closes below 3022, we can anticipate a significant pullback to around 3000.
WPP Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# WPP Stock Quote
- Double Formation
* Retracement & Inverted Pattern | Completed Survey
* ABC Wave Feature | Reversal Entry | Subdivision 1
- Triple Formation
* (Target Entry Or Gap Fill)) | Subdivision 2
* (TP1) | Subdivision 3
* Daily Time Frame | Trend Settings Condition
- (Hypothesis On Entry Bias)) | Indexed To 100
- Position On A 1.5RR
* Stop Loss At 80.00 GBP
* Entry At 75.00 GBP
* Take Profit At 65.00 GBP
* (Downtrend Argument)) & Pattern Confirmation
* Ongoing Entry & (Neutral Area))
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
Gold Daily AnalysisPrice has been ranging in the lower timeframes after making a fresh high of around 3057. There are no significant data releases today so it could range further between the red resistance and green support zone. However, since today is Friday, we could see an end of week profit booking, which could make the way for some sells. But beware that gold has been in a massive uptrend fueled by geopolitics, and it could make a way up at any time. Any sells may have to be accompanied by regular profit booking and continuous monitoring since price to spike up at any time based on war tensions or tariff news.
Boldly short gold, the bear has awakened!📌Bros, as mentioned in the previous article, Marvin invites you to grab a cup of coffee and quietly watch the dancing bears.
📍As I just said, if gold cannot break through the 3040-3050 area, it will build a head and shoulders structure in the short-term structure, and gold may accelerate downward to the 3020-3010 zone.
🔎Xauusd: @3040-3050 Sell
📩Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
$BTC Battle at 200DMA - Bullish DivergenceThe 200DMA is the real battle for bulls and bears rn.
At least PA is respecting my squiggles 😊
Bullish Divergence is the key here.
Watch as the bears are about to dance!📍Bros, we must pay attention to the 3040-3050 area next. If gold cannot break through this area during the rebound, then the technical level may build a head and shoulders top structure, further stimulating the decline of gold. The market bullish factors for gold have all appeared. If there is no extra force to support the rise of gold, then the bears will fully wake up and may even go down to the 3020-3010 area.
📌So in terms of short-term trading, we can try to short gold in the 3040-3050 area.
🔎Xauusd:@3040-3050 Sell
📩Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
SILVER (#XAGUSD): Bearish Reversal ConfirmedSilver formed a classic head and shoulders pattern on the 4-hour chart.
Following the release of US fundamentals today, the price quickly dropped significant and broke below the pattern's neckline.
The price currently retesting the broken neckline, suggesting a potential continuation of the bearish reversal.
The next support levels to watch for are at 33.05.
MarketBreakdown | GOLD, GBPUSD, DOLLAR INDEX, EURAUD
Here are the updates & outlook for multiple instruments in my watch list.
1️⃣ #GOLD XAUUSD 1H time frame 🥇
Earlier on Sunday, I shared a completed head & shoulders pattern on Gold.
Its neckline was respected and the price bounced from that, setting a new historic high.
That same neckline is now a perfect base for a new head & shoulders pattern.
The plan remains the same, if the price violates and closes below that
a correctional movement will be expected.
2️⃣ #GBPUSD daily time frame 🇬🇧🇺🇸
GBPUSD looks weak and shows a clear signs of a strong overbought state.
We see a breakout attempt of a rising parallel channel at the moment.
Daily candle close below that will trigger a correctional movement with a high probability.
3️⃣ DOLLAR INDEX #DXY daily time frame 💵
Dollar Index shows clear strength after 2 recent US fundamental releases.
The last obstacle for the bulls is the underlined blue resistance,
its breakout and a daily candle close above will trigger more growth.
4️⃣ #EURAUD daily time frame 🇪🇺🇦🇺
It feels like the pair is returning to a global bullish trend.
The price has recently retraced and perfectly respected the underlined support.
With a high probability, we will see a test of a current high soon.
Do you agree with my market breakdown?
❤️Please, support my work with like, thank you!❤️
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
My Daily $NGAS / $NG1! Idea Because of Absent Seasonal WeaknessSeasonal weakness in FX:NGAS / NYMEX:NG1! is absent so far but it could come into play if war-related concerns are fading with Putin and Ukraine set under "friendly pressure" to end this war.
Still, the gap between ending heating period and beginning demand for cooling is big enough to see a seasonal weakness period, imo.
It's just an idea. As always, do your own research. You are solely responsible for your trades.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations
IKIO Lighting - Bullish Breakout!IKIO Lighting Ltd has given a strong breakout above the trendline resistance with a sharp move of +27.2% from recent lows. 🔥
Price has broken the downward trendline, signaling a potential reversal.
High volume on the breakout confirms strong buying interest. 📈
A successful retest of the trendline could provide a good buying opportunity.
If the momentum continues, price may rally towards ₹300+ in the coming sessions.
Disclaimer:
This is not financial advice. Please do your own research or consult with a financial advisor before making any investment decisions. Investments in stocks can be risky and may result in loss of capital.
BITCOIN (BTC/USD): Update & The Thing to WatchTake a look at the price movement of ⚠️BITCOIN, the market is consolidating around a significant daily support level.
Analyzing a 4-hour chart, I spotted a descending trend line and a potential inverted head and shoulders pattern.
The left shoulder and head have already formed, and the right shoulder is currently in progress.
The neckline for this pattern is between 83,600 and 84,488.
The trigger to buy BITCOIN will be its bullish breakout (4h candle close above), could signal a buying opportunity for BITCOIN with a target range of 88,000 to 90,000.
⚠️However, if the price drops to a new low, the pattern will no longer be valid.
GBPCAD: Bullish Price ActionThe 📈GBPCAD pair retested a horizontal structure that was previously broken on the 4-hour chart.
Following this retest, the price formed an inverse head and shoulders pattern and broke above a resistance line of a bullish flag pattern.
This suggests potential upward movement in the near future.
The next resistance level to watch is at 1.8692.
BEARISH MOVEMENTUSDCHF is on descending channel, an ascending channel is broken to the downside, which is now giving us pure bearish move. Also on daily timeframe i can see bearish head and shoulder pattern, which additional confirmation for my analysis. So i'm for a sell risking 1%. Lets see the see the outcome
XRPUSD breaking upward from invh&sTarget is $3. Very likely to hit the full target based on the bullish momentum from the sec ripple appeal being ofifcially dropped. Likely to continue upward from there as well but for this current idea I only wanna focus on the inv h&s target. *not financial advice*
Treet PSXPattern,
Volums,
stop-loss defined,
Assume the Corrective phase completed,
Entry on break of Lower high,
Inverse Head & Shoulders in Play – Bitcoin’s Bullish Setup!!!Bitcoin ( BINANCE:BTCUSDT ) touched $84,500 as I expected in my previous post (even higher).
Right now it seems like Bitcoin has managed to break the Resistance zone($84,130_$81,500) and the 200_SMA(Daily) . The formation of the classic pattern , the Inverse Head and Shoulders Pattern , could be a sign that Bitcoin is preparing to break the Resistance zone($84,130_$81,500) .
Another Classic Pattern that we can see on the one-hour Bitcoin chart and hope for an increase in Bitcoin is the Fan Principle at the Bottom Pattern .
Educational tip : The Fan Principle at the Bottom is a bullish reversal pattern where the price forms a series of downward trendline breaks, signaling weakening bearish momentum. As each trendline is broken, buying pressure increases, leading to a potential uptrend.
According to Elliott Wave theory , with the resistance zone broken, we can expect Bitcoin to enter the next impulsive wave , which will likely continue to at least $86,300 .
Also, Today's U.S. economic data release could significantly impact financial markets, including Bitcoin :
UoM Consumer Sentiment : 57.9 (Forecast: 63.1 | Previous: 64.7) – A sharp decline, indicating consumer pessimism about the economy.
UoM Inflation Expectations : 4.9% (Previous: 4.3%) – A worrying increase, which could push the Fed toward a more hawkish stance.
Declining consumer sentiment may pressure the Fed to adopt a more accommodative stance, which is positive for risk assets like Bitcoin.
Rising inflation expectations could increase demand for inflation-hedge assets like Bitcoin.
However, if the Fed sees inflation rising as a concern, they may maintain a tighter policy, which could weigh on markets.
Today's data presents mixed signals, but falling consumer confidence and rising inflation expectations could ultimately fuel Bitcoin's next leg up.
Based on the above explanation , I expect Bitcoin to rise to at least the upper resistance zone($87,000_$85,820) after completing its pullback and complete the mission of filling the CME Gap($86,400_$85,595) . Of course, a CME Gap($80,760_$80,380) has also formed.
In your opinion, has Bitcoin finished its correction or created an opportunity for us to escape again?
Note: If Bitcoin falls below $81,300, we should expect further declines.
Note: If Bitcoin goes above $87,800, we should expect further increases.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
GBPAUD: Confirmed Bullish Continuation?!GBPAUD has formed an attractive inverted head and shoulders pattern on the 4-hour chart.
A bullish breakout above the neckline indicates a strong reversal signal, suggesting further upward movement and a potential test of the 2.0560 level in the near future.
