Resistance_level
MUTHOOT FINANCE at Best Resistance !! This is the Daily Chart of MUTHOOT FINANCE .
MUTHOOTFIN is currently trading near its resistance range around the 2700 range.
MUTHOOTFIN has completed its upward move as per its natural price behavior, with the rise reaching up to the 2700 range.
If This level is sustain , then we may see lower prices in MUTHOOTFIN.
Thank You !!
GBPNZD Important Resistance and SupportThe pair is heading towards the resistance at 2.363, which has not been tested by the sellers, so there are still many sellers waiting in this area. The uptrend could extend to 2.276, the highest peak of last month.
If the resistance at 2.263 cannot be broken, then 2.238 is the sideway border of the pair, which helps support the price increase. When it breaks out, it confirms a reversal to the downtrend.
The price reaction zone can be noted around 2.229 before touching the strong support zone at 2.220.
Support: 2.238, 2.229, 2.220
Resistance: 2.263, 2.276
$Eth Breaks Key Resistance! Is $4100 Coming Next? Ethereum has officially broken above its previous resistance at $2900 and is now aiming for the critical $3000 psychological level. Here's a step-by-step breakdown of what to expect next, including MACD, RSI signals, and CPI data impact.
🔹 Step 1: Breakout Confirmation
Ethereum has successfully broken above the $2900 resistance level — this area is now acting as immediate support.
🔹 Step 2: Next Short-Term Target – $3000
ETH is expected to hit the round number resistance at $3000, which is the next major level to watch. This is the first price target.
🔹 Step 3: MACD & Stochastic RSI Support Bullish Move
MACD is crossing to the bullish side, showing increasing momentum.
Stochastic RSI is also favoring bullish continuation — indicating a likely move to $3000 and beyond.
🔹 Step 4: Possible Rejection Zones
If ETH faces rejection near $3000 or $3500, especially if Bitcoin shows weakness or stalls, expect a pullback.
🔹 Step 5: Target 2 – $4100 if Breakout Continues
If ETH convincingly breaks above $3000 and sustains momentum, $4100 becomes the next major target. This level aligns with the previous high and potential macro continuation.
🔹 Step 6: Watch CPI Data Impact
A positive CPI reading will strengthen bullish sentiment and help ETH push toward $4100.
A negative CPI surprise might trigger a reversal — but even in that case, a short-term hit of $3000 remains likely.
Key Levels to Watch:
Support: $2900, $2800
Resistance: $3000 (Target 1), $3500 (Interim), $4100 (Target 2)
Ethereum's price structure looks bullish above $2900, supported by technical indicators and macro optimism. The $3000 level is within reach, and if momentum continues, $4100 is the next upside target. Keep an eye on BTC behavior and CPI release for confirmation or reversal signals.
MICROSOFT - Simple Analysis WIN ! Its Bearish Ahead ! MAGIC Microsoft - Lets explore the magic of Technical Analysis / Price action.
Microsoft is currently testing the daily resistance level and it will be more matured once the bearish candle / rejection candle is formed. We see a bearish divergence at this level which is a strong confluence for the bearish trend a head.
forgot to mention, a perfect bookish - Bearish Crab pattern is forming, which is a forming a Potential Reversal Zone (PRZ).
we expect our entry after confirmation on the break of HL - 447 level and then we can plan our TPs accordingly.
Please like and comment!
Making HH HL.
Closed at 40.45 (04-06-2025)
Making HH HL.
Bearish Divergence played well &
dragged the price from 44 - 45 to around 33.
Printed HL & started moving upside.
If 45 is Crossed & Sustained, we may witness
new Highs around 55 - 57.
However this time, Stoploss should be 33.50
on Closing basis.
$Btc Bearish Flat Pattern Forming?Bitcoin Bearish Flat Pattern Forming? Potential Short Setup to $97K-$98K if Rejected at $106K
📉 BTC recently hit a new all-time high around $112K, followed by a series of higher lows near $110K, $108K, and potentially $106K. If price gets rejected at $106K, a bearish flat pattern may play out—triggering a high-probability short opportunity toward the $97K–$98K support zone. However, a clean breakout above $107K will invalidate this setup.
Gold (XAU) Technical Analysis – Bullish SetupGold is currently trading around 3290, exhibiting strong bullish price action, suggesting a favorable environment for buyers. The current momentum indicates a potential move towards the final resistance at 3340, making this a strong buy opportunity in the short term.
Trade Setup:
Buy Entry Zones:
Current price zone: 3290
Potential dip-buy zone: 3275 (possible fakeout/retest area)
Targets:
3300 – Minor psychological resistance
3310 – Near-term resistance
3320 – Intermediate target
3340 – Final resistance & major target
Stop-Loss:
Conservative: 3265
Aggressive: 3260 (below support/fakeout zone)
Analysis Summary:
The chart suggests continued bullish momentum. A minor retracement to 3275 may occur, which would provide a second entry opportunity for buyers. As long as price holds above 3260, the bullish structure remains intact, targeting incremental levels up to 3340.
Risk Management Tip: Adjust position sizing according to risk tolerance and maintain discipline around stop-loss levels.
Let me know if you'd like this in a visual chart format or if you'd like to include moving averages, RSI, or other indicators for deeper analysis.
Wed 7th May 2025 XAU/USD Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a XAU/USD Buy. Enjoy the day all. Cheers. Jim
Note: This isn’t a great setup as price is already at the previous high and the MACD is just below the zero level. But I had to take it because I am committed to my MSH (multi sequence hedging) strategy. So if you are a traditional type trader, then standing aside on this trade would probably be the smart thing to do.
Bitcoin is Showing a New Trend!!!Hey Traders, in today's trading session we are monitoring BTC/USDT for a selling opportunity around 95k, Bitcoin is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 95k support and resistance area.
Trade safe, Joe.
Silvermic: Make or break levelSilvermic is currently trading at a zone which has been decisive in past. The marked zone has provided supply and demand both in the past 3 times. Let's see now what it does. I have a positive bias here hence initiated a small long position. Hoping it holds in my favor otherwise the Stoploss is very small.
Mon 5th May 2025 GBP/CAD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/CAD Sell. Enjoy the day all. Cheers. Jim
Thu 1st May 2025 NZD/CAD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a NZD/CAD Sell. Enjoy the day all. Cheers. Jim
US500's performance this week will be crucial in determiningUS500 Weekly Analysis
The US500 index is currently exhibiting bearish tendencies, but a crucial level to monitor is $5491. This level has the potential to act as a resistance point, and we're looking for a possible selling opportunity around this area. However, if the market breaks above $5491, it could signal a shift in bias towards bullish territory, potentially leading to a significant upward move.
Key Levels to Watch:
1. Sell Zone: $5491 - This level is critical in determining the next move. We'll be watching for confirmation to sell, such as bearish candlestick patterns or trend indicators.
2. Resistance Area: $5730 - $5790 - A strong resistance zone that could potentially cap upward movements.
Trading Strategy:
1. Wait for Confirmation: We'll wait for the market to reach the $5491 level and look for confirmation to sell. This could include bearish candlestick patterns, trend indicators, or other technical signals.
2. Breakout Scenario: If the market breaks above $5491, we'll reassess the bullish potential and look for opportunities to buy.
3. Risk Management: It's essential to manage risk effectively, setting stop-losses and take-profits according to our trading plan.
Market Outlook:
The US500's performance this week will be crucial in determining the next direction. We'll be monitoring the market closely, analyzing price action, and providing updates on any developments. Stay tuned for our analysis and guidance on potential trading opportunities.
By keeping a close eye on these key levels and waiting for confirmation, we can make more informed trading decisions and navigate the markets effectively.