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NIFTY50.....Wave iii complete! Corrective move ahead?Hello Traders, the NIFTY50 reached on Friday the level of 24365 and fell to a close @ 24039.35! This level (@24365) can be a wave iii! The next move would be a wave iv, that can retrace to 23585. The next opportunity could be a wave c that is done or close to be done. Chart analysis: If the wave iii would be done, the next move should be to the cited target range @ 23585 or some points below. From here, a wave v should start with targets around 24620. Higher price are still possible, while not expected! Several scenarios are thinkable, but it's too early to announce them. Another possible idea could be a "double waves 1-2". In this case, N50 should run to new ATH's in the coming weeks ahead! A sell-signal would occur if price touch below the level of 23847.85 points. If price extend the gains above 24365.45, the sell-signal would be eliminated! Ok, the following 2-3 day's will be interesting to watch, and a new update is at hand! Have a great weekend..... Ruebennase Please ask or comment as appropriate. Trade on this analysis at your own risk. I'm very happy about a like!
NSE:NIFTY
by ruebennase
1
GBPUSD COT and Liquidity AnalysisHey what up traders welcome to the COT data and Liquidity report. It's always good to go with those who move the market here is what I see in their cards. I share my COT - order flow views every weekend. 🎯 Non Commercials added significant longs and closed shorts at the same time. So for that reason I see the highs as a liquidity for their longs profits taking. 📍Please be aware that institutions report data to the SEC on Tuesdays and data are reported on Fridays - so again we as retail traders have disadvantage, but there is possibility to read between the lines. Remember in the report is what they want you to see, that's why mostly price reverse on Wednesday after the report so their cards are hidden as long as possible. However if the trend is running you can read it and use for your advantage. 💊 Tip if the level has confluence with the high volume on COT it can be strong support / Resistance. 👍 Hit like if you find this analysis helpful, and don't hesitate to comment with your opinions, charts or any questions. Analysis done on the Tradenation Charts Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. "Adapt what is useful, reject what is useless, and add what is specifically your own." — David Perk aka Dave FX Hunter ⚔️
by David_Perk
1
Nifty levels - Apr 28, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We hope you find this information beneficial in your trading endeavors. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you success in your trading activities!
NSE:NIFTY
by sacxe
FTSE100 INTRADAY important resistance retestThe FTSE 100 Index remains in a bearish structure, with recent price action confirming a break below the prior consolidation zone, indicating potential for further downside. Key Resistance: 8380 – former support turned resistance, aligning with the intraday consolidation area. Support Levels: 8113 – near-term target if bearish momentum continues 7960 and 7850 – medium to long-term downside objectives An oversold bounce may occur, but unless price breaks and closes above 8380 on the daily chart, the bearish outlook remains intact. Conversely, a confirmed breakout above 8380 would invalidate the bearish bias and open the path to test 8455, with 8485 as a secondary resistance. Conclusion The FTSE bias is bearish below 8380. Watch for a rejection at that level to confirm downside continuation. A daily close above 8380 would shift the outlook to bullish. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:UK100
by TradeNation
USDCAD – 4H Bullish Divergence Setting Up for a Potential ReversUSDCAD – 4H Bullish Divergence Setting Up for a Potential Reversal 🚀🔄 Hey traders 👋 USDCAD is flashing some early signs of a potential trend shift on the 4H chart, and it’s coming straight from one of the most reliable clues in technical analysis — bullish divergence. Let’s walk through it. 📈 Price Making Lower Lows, But RSI Isn’t So here’s what’s happening: price action has been sliding lower, printing a series of lower lows — looks bearish on the surface, right? But when you peek under the hood and check out the RSI, you’ll notice something interesting. The RSI is actually making higher lows during the same period. That’s classic bullish divergence, and it’s usually a sign that selling pressure is weakening, even if price hasn’t caught up to that idea yet. Momentum is starting to shift, and the bulls may be loading up in the background. 🔍 What This Means This setup tells us that while bears have been in control, they’re losing strength. Buyers are quietly stepping in, and if price confirms with a breakout or a structure shift — we might be looking at a solid reversal opportunity. These divergences can often be the first clue before a full-blown reversal. Not something to trade blindly, but definitely something to prepare for. 💡 Watch For Confirmation Look for structure breakouts (trendline cracks, minor resistance flips, etc.) Volume rising on bullish candles = extra confidence A strong bullish engulfing candle or a higher low can be a great signal to jump in Patience is key here. Let the market show its hand, then act. 📌 The Setup Looks Promising – But Timing Is Everything. Are you spotting the same divergence? Or waiting for more signs before stepping in? #USDCAD #Forex #BullishDivergence #4HChart #RSI #TrendReversal #ForexTrading #PriceAction #SmartMoney
Long
by MAAwan
Weekly Market Recap | DXY, Gold, Bitcoin – What Just Happened? In this week’s market recap, we break down the key economic and political events shaking up the financial markets: 💥 DXY makes a short-term comeback — but is the dollar still on a long-term decline? 🏆 Gold pulls back from record highs — are dip-buyers already stepping in? 🚀 Bitcoin bounces back — is it acting like a risk asset or a safe haven? We dig into: The impact of easing Sino-U.S. trade tensions Weak U.S. PMI data and Fed policy expectations Goldman Sachs' bearish outlook on the dollar Why institutional demand continues to fuel gold and crypto 🎯 Plus, I share my forecast for the U.S. dollar and what traders should watch next. Whether you're trading currencies, gold, or crypto, this recap will give you the clarity and edge you need going into the new week.
BINANCE:BTCUSD
by DeanMuller
2
EurJpy- Ready to rise at 166?Since mid-March, EURJPY has been in a consolidation phase. Except for the early April spike down, the pair has respected a pretty clear range between the 161.00 support and the 163.30 resistance. Now, however, EURJPY looks ready to break to the upside. A sustained price above 163.30 would confirm this breakout and open the door for bullish momentum. 🔍 My strategy: I’m looking to buy dips, ideally around the 162.50 area. If the price drops and breaks below 161, that would invalidate the setup. On the upside, the first major target is the 166.00 resistance zone. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Long
by Mihai_Iacob