ENJ/USDT | Long-Term Technical Analysis on the Weekly TimeframeOverview:
ENJ is currently trading within a well-defined descending channel (yellow trendlines), reflecting a long-term downtrend since its all-time high. This channel offers key insights into historical price action and potential future movements. After touching the bottom boundary multiple times, ENJ is showing signs of momentum for a potential breakout.
Key Levels and Observations:
1. Descending Channel:
• Price remains within the channel, bouncing between resistance (top) and support (bottom).
• A breakout above the upper boundary would confirm a potential trend reversal.
2. Support and Resistance:
• Support Levels: $0.22 (bottom of the channel) and $0.12 (critical historical low).
• Resistance Levels: $0.34 (channel resistance) and $3.42 (major breakout target).
3. Volume Profile Analysis:
• Significant volume buildup within the $0.22–$0.34 range suggests strong liquidity in this area, acting as a base for the next move.
• A breakout could target higher-volume nodes at $1.30, $3.42, and beyond.
4. RSI Analysis:
• RSI is recovering from oversold territory, currently sitting at 38.69, signaling growing bullish momentum but still with room for upside.
5. Projection:
• A confirmed breakout above $0.34 targets $3.42, which aligns with historical resistance and key volume levels.
• If momentum continues, higher targets could be achieved in the long term.
Trade Setup (Potential Long Idea):
• Entry: Consider entering after a confirmed breakout above $0.34 with strong volume.
• Stop-Loss: Set below the recent swing low at $0.22 to limit downside risk.
• Take-Profit Levels:
• TP1: $1.30 (interim resistance).
• TP2: $3.42 (major breakout target).
• TP3: $4.79 (longer-term resistance).
Risk Factors:
• A failure to break the $0.34 resistance could lead to further consolidation within the channel.
• Watch for rejection at key levels and decreasing volume during attempted breakouts.
Conclusion:
ENJ presents an exciting long-term opportunity with its structured channel and volume profile suggesting accumulation. A breakout above the key $0.34 resistance could trigger a significant trend reversal, offering targets up to $3.42 and beyond. Keep an eye on volume and RSI for confirmation of bullish momentum.
What are your thoughts on this setup? Let’s discuss in the comments!
Swingtrading
BTC swing thesis by Titan_KarmaPrediction( investment_thesis='**News Analysis:** Currently, there is no significant news impacting the BTCUSDT pair. This lack of news suggests that the market may be driven more by technical factors and existing sentiment rather than new developments. Traders should remain vigilant for any emerging news that could influence market dynamics. **Market Sentiment Analysis:** The market sentiment for BTCUSDT is mixed, with a slight bullish inclination. The increase in long positions, particularly in the 4-hour and daily timeframes, indicates a growing confidence among traders. However, the high price level and significant trading volume suggest that the market is actively engaged, which could lead to increased volatility. Traders should be prepared for potential rapid price movements and adjust their strategies accordingly. **Technical Analysis:** The technical indicators present a mixed picture. The RSI is approaching overbought levels, and the Stochastic Oscillator indicates overbought conditions, especially in shorter timeframes. The MACD shows bearish momentum in the 1d and 1h timeframes but bullish momentum in the 4h timeframe, suggesting potential short-term volatility. The ADX indicates a strong trend in the 1d timeframe, but weaker in the 4h timeframe. The price is near the upper Bollinger Band in the 1h timeframe, indicating potential resistance. Overall, while the long-term trend is bullish, caution is advised due to short-term overbought conditions and potential resistance levels. **Fundamental Analysis:** The fundamental outlook remains positive, with a strong upward trend observed over the past few months. However, the recent consolidation around the $101,000 level suggests potential resistance. Without new fundamental developments, the market may continue to rely on technical indicators and existing sentiment to guide price movements. **Risk Management Strategy:** Given the mixed technical signals and potential for short-term volatility, a cautious approach is recommended. Set a stop-loss slightly below the recent support level to protect against downside risks. Consider taking profits if the price approaches the resistance levels, especially if overbought conditions persist. For new entries, wait for a confirmed breakout above resistance or a pullback to support for a better risk-reward ratio. **CONFIDENCE_LEVEL:** 72% The confidence level reflects the mixed technical signals and the absence of significant news, indicating a moderate-risk trade. ##**TRADE RECOMMENDATION** ```json { "OUTCOME": "HOLD_BUY", "STOP_LOSS": "$99,500.00", "TAKE_PROFIT": "$105,000.00", "CONFIDENCE_LEVEL": "72%", "EXIT_POINT": "$104,000.00", "ENTRY_CRITERIA": { "TIMEFRAME": "4h", "RSI": "below 70", "MACD": "above 0, 4h", "ATR": "0.005, 4h" }, "CURRENT_OPEN_LONG_POSITIONS": 1, "CURRENT_OPEN_SHORT_POSITIONS": 0, "OPEN_POSITION": "$101,836.11" } ```' )
EurUsd completed 5 wave now ready to complete wave CLooking for Impulse Up
EurUsd completed wave 1,2,3,4,& 5. waves a and b also done now it will move to complete wave C. Make sure you have your own rules on RR and follow them. This is just a trading idea to help you gain better knowledge. If you have any question ask me in comments.
Learn & Earn!
Wave Trader Pro
BTC swing thesis by Titan_KarmaPrediction( investment_thesis='**News Analysis:** Recent developments in the cryptocurrency market have highlighted significant gains for XRP, reaching a $100 billion market cap, which suggests strong momentum and potential for further growth. The anticipation of Ripple’s RLUSD approval could further bolster XRP\'s price. Meanwhile, Bitcoin continues to set new records, with prices reaching around $84,000, supported by a decrease in exchange reserves, indicating a trend towards long-term holding. This bullish outlook for Bitcoin suggests it could be an attractive investment for those looking to hold for the long term. Both XRP and Bitcoin present promising opportunities, but investors should assess their risk tolerance and strategy carefully. **Market Sentiment Analysis:** The financial analysis indicates a bullish sentiment for BTCUSDT, with high trading volumes and a long-short ratio consistently above 1.0 across various time frames. This suggests that traders are expecting the price to rise, supported by strong market interest. The overall sentiment from top traders is bullish, indicating a potential opportunity for a long position. However, caution is advised due to the inherent volatility of cryptocurrency markets. **Technical Analysis:** The technical indicators for BTCUSDT show a bullish trend across different time frames. The RSI levels indicate moderately overbought conditions, particularly in the 1-hour and 4-hour charts, suggesting caution. The MACD is positive in the 4-hour and 1-hour charts, supporting bullish momentum. The price is above the EMA20 and SMA20, confirming a bullish short-term trend. Resistance is noted at 102247.25, which could act as a barrier. If the price breaks above this level with strong volume, it could signal further upside potential. **Fundamental Analysis:** The recent news and financial metrics suggest a strong bullish sentiment for BTCUSDT. The decrease in Bitcoin exchange reserves and the high trading volume indicate strong market interest and potential for further price increases. The anticipation of Ripple’s RLUSD approval could also impact the broader cryptocurrency market positively. **Risk Management Strategy:** Given the bullish indicators and market sentiment, a long position in BTCUSDT could be considered. However, due to the overbought RSI levels, it is crucial to implement a risk management strategy. Set a stop-loss near the support level of 97,000 to manage potential downside risks. A take-profit level can be set near the resistance level of 102247.25 to capitalize on potential gains. Monitor the MACD and RSI for any signs of reversal or weakening momentum. **CONFIDENCE_LEVEL:** 82% ##**TRADE RECOMMENDATION** ```json { "OUTCOME": "OPEN_LONG", "STOP_LOSS": "$97,000.00", "TAKE_PROFIT": "$102,247.25", "CONFIDENCE_LEVEL": "82%", "EXIT_POINT": "$102,247.25", "ENTRY_CRITERIA": { "TIMEFRAME": "1h", "RSI": "below 70", "MACD": "above 0, 1h", "ATR": "0.002, 1h" }, "CURRENT_OPEN_LONG_POSITIONS": 0, "CURRENT_OPEN_SHORT_POSITIONS": 0, "OPEN_POSITION": "$100,395.04" } ```' )
SWING IDEA - VEDANTAVedanta Limited , a leading natural resources company in India, is presenting a strong swing trade setup, supported by key technical signals.
Reasons are listed below :
500 Level Breakout Attempt : After multiple tests, the price is attempting to break out from a crucial level following a tight consolidation near its all-time high.
14+ Year Consolidation Break : The stock is on the verge of breaking a consolidation zone that has persisted for over 14 years, signaling a significant long-term trend change.
Bullish Marubozu Candle : A strong bullish marubozu candle on the weekly timeframe underscores robust buying interest.
EMA Support : Price action is trading decisively above the 50 and 200 EMA, indicating sustained bullish momentum.
All-Time High Breakout : The stock is poised to surpass its all-time high made in 2010, signaling potential for further upside.
Target - 580 // 675
Stoploss - weekly close below 425
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
Breakout Alert: High-Potential Long Trade Setup in IXIGOIt highlights a descending channel pattern in IXIGO, a common technical analysis formation where price moves between two parallel trendlines sloping downwards.
Key Points:
Resistance (Red Line):
The upper trendline acts as a resistance level where the price faces selling pressure.
It has been tested multiple times, confirming its validity.
Support (Green Line):
The lower trendline serves as a support level where the price typically finds buying interest.
This line also has multiple touchpoints, validating its significance.
Breakout Attempt:
The latest candle shows a strong upward move (+8.87%), attempting to break out of the resistance zone.
Such a breakout might signal a potential trend reversal if it sustains above the channel.
Trading Strategy:
Bullish Case:
If the price sustains above the resistance trendline with good volume, it could indicate the start of an uptrend. Targets can be set using Fibonacci retracement or previous swing highs.
Risk Management:
Place stop-loss below the breakout candle for long positions.
Adjust the stop loss upward as the price progresses to secure profits
UJJIVANSFBHi guys,
In this chart i Found a Demand Zone in UJJIVANSFB CHART for Positional entry,
Observed these Levels based on price action and Demand & Supply.
*Don't Take any trades based on this Picture.
... because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank you
XAUUSD, Swing Trade, Long👋Hello Traders,
Our 🖥️ AI system detected that there is an 1D timeframe ICT Long setup in
XAUUSD for session trade (a couple of days)
Here is a swing trade idea (since it is near support surface, we should use small lot size)
Please refer to the details Stop loss, Buy Zone,open for take profit.
Next Long entry after retracement in any session.
For more ideas, you are welcome to visit our profile in tradingview.
Have a good day!
Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!
AMBER: Wave 5 Setup in Progress AMBER Enterprises (AMBER): Wave 5 Setup in Progress
Wave Analysis:
The stock is currently in the Wave 4 corrective zone between 5,762 - 5,667 INR, a key support area.
A potential liquidity sweep below 5,667 INR could attract strong buying interest.
Target zones for Wave 5 completion are 6,976 - 7,127 INR.
Key Observations:
Wave Structure: Completion of Waves 1, 2, and 3; Wave 4 is nearing a reversal zone.
Liquidity Sweep Potential: A dip below 5,667 INR might collect stop-loss liquidity before reversing.
Trading Plan:
Entry:
Look for entry near 5,762 - 5,667 INR upon confirmation of reversal (e.g., bullish candle with volume).
Monitor behavior if prices dip below 5,667 INR and recover sharply.
Stop-Loss: Place stop-loss below 5,060 INR (invalidates Wave 4).
Target Levels:
First target: 6,500 INR (partial profit booking).
Final target: 7,000+ INR (completion of Wave 5).
Indicators to Monitor:
RSI for oversold conditions at entry zones.
Volume confirmation during reversal.
Disclaimer: This analysis is for educational purposes only. I am not a SEBI-registered analyst. Please do your own research or consult a financial advisor before trading.
12/09 Weekly SPX InsightsLast week’s assessment aligned well with the anticipated positive SPX range. The index moved sharply up toward the 6100 area, yet as Friday’s session progressed, the call resistance around 6100 capped further upward momentum.
Looking ahead, I have doubts that the previously unbridled optimism will persist. Currently, we find ourselves in a “chop zone,” suggesting that the short-term direction is less clear.
In aggregating GEX (Gamma Exposure) levels and examining the landscape a week out, it appears that 6100 remains a strong call resistance level. Meanwhile, the HVL (High Volatility Level) has crept closer to around 6080, placing the market uncomfortably close to a higher-volatility environment. Below 6080, the market may experience increased turbulence, potentially retesting 6035 and then 6000.
On the other hand, if the index can break and hold above 6100, an upward gamma squeeze could emerge, pushing prices even higher. Currently, overall GEX sentiment is negative, but the approach toward the HVL zone suggests caution. From these conditions, I’m not expecting a strong, sustained rally in the immediate term.
In terms of intraday and short-term dynamics, 0DTE (same-day expiry) sessions and Fridays continue to hold relatively higher positive gamma exposure compared to other days.
Volatility indicators:
VIX: remains low
IVR (Implied Volatility Rank): also low
Put Pricing Skew: currently low, although it has begun to show a very slight uptick
Key Levels for This Week (for educational reference):
Above 6100: Omni-bullish environment
Between 6100–6065: Chop zone (directionally uncertain; not ideal for unhedged directional trades)
Below 6080: Bearish tilt, with targets around T1: 6035 and T2: 6000 (near the 16-delta OTM put level)
On Wednesday, inflation data is scheduled for release. Anticipation alone may drive volatility, so it’s something to keep on the radar for educational scenario planning.
NZDCAD: Important Bearish Breakout 🇳🇿🇨🇦
NZDCAD broke and closed below a key daily horizontal support.
The broken structure turned into a strong resistance now.
Taking into consideration the fact that the pair is trading
in a strong bearish trend since the end of September,
we can expect its continuation.
Next support - 0.507
❤️Please, support my work with like, thank you!❤️
MIDHANIHi guys,
In this chart i Found a Demand Zone in MIDHANI CHART for Positional entry,
Observed these Levels based on price action and Demand & Supply.
*Don't Take any trades based on this Picture.
... because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank you
Getting a Clearer Picture of Your Trading with Key MetricsWhen we look at our trading results, it’s easy to focus on one number: how much money we made or lost 💰. But that alone doesn’t tell us the full story. By breaking things down into a few basic metrics, we can see what’s really going on and figure out where we need to improve.
Start by looking at how many trades you won versus how many you lost. That’s your Winning Trades and Losing Trades count. But counting wins and losses isn’t enough. Check your Total Winning P&L and Total Losing P&L , these show how much money you gained overall on winning trades and how much you lost on losing ones. From there, dig into the details: Average Winning P&L and Average Losing P&L tell you the typical size of your profits and losses, helping you see if your winners generally outpace your losers.
Your Win Rate is the percentage of trades that ended up profitable, while your Loss Rate is the percentage that ended in a loss. A high win rate feels good, but it doesn’t mean much if the losses are huge. That’s why the Profit Factor (Reward-to-Risk Ratio) is so important, it compares how much you’ve made on winning trades to how much you’ve lost on losing ones. If you want a quick snapshot of your long-term performance, look at Expectancy , which blends all of this together into the average profit (or loss) you can expect per trade over time. Your Final P&L 💵 shows your bottom line after everything is said and done.
It also helps to know how your biggest successes and failures stack up. Look at your Largest Win and Largest Loss to get a feel for how extreme your outliers are. To understand the everyday “feel” of your trading, check out your Median P&L . Unlike an average, the median isn’t thrown off by a few giant wins or losses, so it shows what a typical trade looks like.
And finally, the Standard Deviation tells you how much your results vary from one trade to the next. A high standard deviation means your outcomes swing widely, while a lower one points to steadier results📈.
By paying attention to all these numbers, you’ll get a clearer idea of what’s really happening under the surface. You’ll spot patterns, find where you can tighten up risk, and understand if you’re making money due to skill or just good luck. In short, these metrics help you trade with your eyes wide open, making it easier to improve over time.
SWING IDEA - PNB HOUSING FINANCEPNB Housing Finance , a prominent housing finance company in India, is exhibiting a promising swing trade setup supported by strong technical signals.
Reasons are listed below :
Breakout and Retest of 800 Zone : The stock previously broke a strong resistance at 800 and is now retesting it, showing potential for upward momentum.
Bullish Marubozu Candle : A strong bullish marubozu candle on the weekly timeframe indicates robust buying interest.
Golden Fibonacci Zone : The stock is bouncing back from a key Fibonacci retracement level, suggesting a continuation of the uptrend.
50 EMA Support : Price action is well-supported by the 50 EMA on the weekly timeframe, affirming bullish sentiment.
Volume Spike : A significant increase in trading volumes highlights growing investor confidence.
Target - 1190 // 1380
Stoploss - weekly close below 825
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
SWING IDEA - CHAMBAL FERTILIZERSChambal Fertilizers , a leading manufacturer of fertilizers and agri-products in India, is presenting a compelling swing trade setup with strong technical indicators.
Reasons are listed below :
Break of Cup and Handle Pattern : A classic bullish continuation pattern indicating potential for a significant upside.
Bullish Marubozu Candle : A strong bullish marubozu candle on the weekly timeframe highlights sustained buying pressure.
500 Zone Breakout : The price is attempting to break above the 500 resistance zone after consolidating near its all-time high, signaling strength.
Prolonged Consolidation Breakout : The stock is breaking out of a consolidation phase spanning over 3 years, suggesting a fresh trend initiation.
Target - 675
Stoploss - weekly close below 440
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights