Gold Buy Setup: Bullish Price Action at Fibo 61.8#GOLD has completed a short-term pullback on the H4 chart and now shows bullish price action signals at the Fibonacci 61.8 retracement level. Two consecutive pin bars support this zone, indicating a strong rejection of lower prices. The structure aligns with a 5-3 wave setup, suggesting the potential for at least a three-wave upward movement.
My initial targets are the key resistance levels at 2660 and 2700, where I anticipate significant price reactions. If these levels are cleared, it could lead to a breakout of the previous structural resistance, paving the way for a stronger bullish continuation. On the flip side, failure to break these levels may result in a bearish reversal.
This setup provides a high-probability trade with an excellent risk-to-reward ratio for upside movement.
Priceactionanalysis
08.01.25 Morning ForecastPairs on Watch -
FX:NZDJPY (Live)
FX:GBPUSD
OANDA:XPTUSD
I will be recording a trade recap video of a UK100 position I took yesterday with the NZDJPY position I also took today this week.
A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
#NIFTY Intraday Support and Resistance Levels - 08/01/2025Flat opening expected in nifty near the 23750 level. No major changes in yesterday's levels due to the consolidation movement. Expected downside movement if nifty trading below 23750 level this downside movement can goes upto 23550 level. Any major upside rally only expected above the 23800 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(08/01/2025)Flat opening expected in index. Banknifty trading in the consolidation zone of 50050-50450 level. Downside 50000 zone level is indicating strong support for banknifty. In case banknifty starts trading below this support level then expected strong downside movement in market of 400-500+ points. Any major bullish rally only expected above 50550 level.
Sentiment Cycle Indicator PerformanceHere is the performance overview of my custom Sentiment Cycle Indicator. This indicator is a combination of several elements, carefully designed to detect and track market sentiment effectively.
• When the background is green, it indicates the market is bullish.
• When the background is red, it signals bearish market conditions.
• If there is no background, it means the market is sideways, often due to low volume. It
won't generate any signal.
This helps you avoid taking unnecessary trades and prevents overtrading.
Let’s take a look at the current scenario:
On the most recent chart, the first signal appeared at 15:30, showing a clear rejection from the 11,719 level. Before that, the market was sideways, as indicated by the absence of background coloring. This makes it easy to identify where the market is heading without relying on multiple tools.
For example:
• During a red zone, you can confidently take a short trade when the first sell signal appears and hold it. A second sell signal may also be a valid entry point, but it’s better to avoid taking trades on the third signal to reduce risk.
• Similarly, during a green zone, the indicator beautifully captures bullish momentum. In one instance, it successfully tracked a rally of 3,500 points, showcasing its power in identifying strong trends.
This indicator not only helps you capture market sentiment but also clearly signals when there is no actionable sentiment, allowing you to stay out of choppy or low-volume conditions.
This is the real strength of my Sentiment Cycle Indicator—it simplifies decision-making and enhances your trading precision by focusing on actionable trends and avoiding unnecessary trades.
[INTRADAY] #BANKNIFTY PE & CE Levels(07/01/2025)Today will be gap up opening expected in banknifty. Possible it will open near 50450 level. After opening it will face immediate resistance at this level and expected downside from this level upto 50050 and this downside can extend for further 400-500+ points in case banknifty starts trading below 49950 level. Any upside rally only expected if banknifty starts trading and sustain above 50550 level.
Textbook Reversal Setup: Liquidity Zone + Channel BreakReversal Setup Analysis: HTF Liquidity Zone + Ascending Channel Breakdown
This chart highlights a high-probability bearish reversal setup based on key technical confluences. Here’s a step-by-step breakdown of the analysis:
1. High-Timeframe (HTF) Liquidity Zone (LQZ):
- The red zone marks a major HTF supply area where price previously rejected with a strong impulsive move downward. This liquidity zone is critical as it represents an area where institutional players have shown activity, creating a high-probability region for a potential reversal.
- As price approached this zone again, it did so in a corrective manner (via an ascending channel), which indicates weakening bullish momentum.
2. Impulsive vs. Corrective Structures:
- Impulsive Move: The strong move away from the HTF LQZ (highlighted earlier in the chart) confirms bearish intent, serving as a key reference point for this trade idea.
Corrective Structure: The price forms an ascending channel on the way back to retest the HTF LQZ, signaling exhaustion of buyers.
- The third touch of the channel’s trendline coincides with the HTF LQZ, adding confluence for a potential bearish reversal.
3. Liquidity Zones in Play:
- HTF Liquidity Zone (Supply): Serves as the key resistance level and primary rejection zone.
- 15-Minute Liquidity Zone (Demand): Acts as a potential target for bearish momentum post-breakdown.
- This multi-timeframe liquidity alignment strengthens the trade idea by providing clear areas of interest for entry, stop-loss, and take-profit placement.
4. Breakdown Entry and Structure:
- Entry Trigger: The trade is triggered on the break of structure, where price falls through the lower boundary of the ascending channel. This breakdown confirms bearish momentum resuming after the corrective phase.
- Stop-Loss Placement: Ideally placed above the HTF liquidity zone and beyond the third touch of the channel to account for potential fake-outs.
- Take-Profit Levels: Targets can be set near the 15M liquidity zone or prior swing lows for a solid risk-to-reward ratio.
5. Key Takeaways:
- This setup offers an excellent example of combining HTF liquidity zones, structural patterns, and market context to develop a high-probability trade idea. The rejection from the HTF LQZ aligns with the broader bearish narrative, while the ascending channel acts as a corrective structure leading to a continuation of the downward move.
- By focusing on confluence factors like liquidity zones, impulsive vs. corrective moves, and structural breaks, this trade idea demonstrates a disciplined and strategic approach to trading reversals.
Educational Insights:
- Always zoom out to identify HTF zones of significance to ensure alignment with the larger market context.
- Differentiate between impulsive and corrective structures to gauge the strength and intent of price movements.
- Use pattern confluences (e.g., ascending channels) in combination with key zones to identify high-probability entries.
- Prioritize patience and discipline by waiting for clear structural breaks to confirm your setup.
$BTCUSDT 1ST TARGET HIT CHART SAY LOOK CHAT FOR MORE BINANCE:BTCUSDT 1ST TARGET HIT CHART SAY LOOK CHAT FOR MORE
MicroStrategy Extends Bitcoin Buying for 9th Continuous Week & Bitcoin Holdings with $101M Investment
On the evening of January 6th, 2025, publicly traded company MicroStrategy announced that it had purchased an additional 1,070 Bitcoins for $101 million in cash over the past week, at an average price of $94,004 per coin.
This latest MicroStrategy extends Bitcoin purchase, funded by selling nearly 320,000 convertible bonds. As of January 6th, the company still has 6.77 billion convertible bonds available to issue in subsequent offerings.
The BTC investment return (BTC Yield) for the year 2024 was 74.3%, while the return for Q4 2024 was 48%.
As before each Bitcoin purchase announcement, billionaire Michael Saylor often teases the news by posting an image of the SaylorTracker portfolio tracking tool.
Chart Analysis ( CRYPTOCAP:BTC )
💫NEW ATH : $108,306.16
🎆ENTRY POINT : $94428.96
🎇STOPLOSS ZONE : $90,444.77
1ST TARGET $99,762.63 🔥
2ND TARGET $102,461.96
3RD TARGET $105,501.97
4TH TARGET $108,306.16
Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not available for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment.
Power of Sentiment Cycle Indicator (PAID)here another power packed performance of my sentiment cycle indicator performance in indian market banknifty. there was a sell signal on friday and today it continuued by giving a sell signal today as well. it shows some area without color (which is sideways area), and red background is sell and green is buy..
i this indicator, capturing market mood/sentiment and its doing its job perfectly.
dont miss the opportunity and grab it today.
#NIFTY Intraday Support and Resistance Levels - 06/01/2025Gap up opening expected in nifty. After opening nifty will trade in between the zone of 24000-24200 level. If nifty gives breakout of 24200 level and starts trading above 24250 then expected strong bullish rally in today's session. Similarly, In case nifty starts trading below 23950 level then bearish rally expected in nifty. This downside movement can goes upto 23750 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(06/01/2025)Today will be gap up opening expected in banknifty. After opening if it's sustain above 51050 level then possible upside rally upto 51450 in opening session. 51450 level will act as a resistance for upside movement. If banknifty gives breakout of this level and starts trading above 51550 then further bullish movement expected upto 400-500+ points. Major downside expected below 50950 level.
$LUNAUSDT Chart Say Finally Target Hit Resistance FVG area see oBINANCE:LUNAUSDT Chart Say Finally Target Hit Resistance FVG area see on chart...
Wait for Double FVG touching area
Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not available for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment.
$SOLUSDT Chart Say Finally Target Hit See on chart...BINANCE:SOLUSDT Chart Say Finally Target Hit See on chart...
Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not available for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment.
$SUIUSDT Chart Say Finally Target Hit See on chart...BINANCE:SOLUSDT Chart Say Finally Target Hit See on chart...
Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not available for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment.
$SOLUSDT Chart Say Finally Target Hit See on chart...BINANCE:SOLUSDT BINANCE:SOLUSDT Chart Say Finally Target Hit See on chart...
Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not available for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment.
SUNFLAGNSE:SUNFLAG
Note :
1. One should go long with a Stop Loss, below the Trendline or the Previous Swing Low.
2. Risk :Reward ratio should be minimum 1:2.
3. Plan your trade as per the Money Mangement and Risk Appetite.
Disclamier : You are responsible for your profits and loss.
The idea shared here is purely for Educational purpose.
Follow back, for more ideas and their notifications on your email.
Support and Like incase the idea works for you.
IPCALABNSE:IPCALAB
Note :
1. One should go long with a Stop Loss, below the Trendline or the Previous Swing Low.
2. Risk :Reward ratio should be minimum 1:2.
3. Plan your trade as per the Money Mangement and Risk Appetite.
Disclamier : You are responsible for your profits and loss.
The idea shared here is purely for Educational purpose.
Follow back, for more ideas and their notifications on your email.
Support and Like incase the idea works for you.