GBPCHF: Bullish Move From Trend Line 🇬🇧🇨🇭
I think that there is a high probability that GBPCHF
will pull back from a rising trend line on a daily.
As a confirmation, I spotted a bullish engulfing candle
after its test on an hourly time frame.
Goal - 1.1085
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Technical Analysis
Forecast for #GALAUSDT📉 Forecast for BYBIT:GALAUSDT.P (1H TF)
🕒 Current Situation: The price is in a key decision zone near POC $0.01851, consolidating after a breakout from the Falling Wedge pattern.
➡️ The direction depends on the reaction to this area.
✅ Overview:
➡️ A Triple Bottom (Bottom 1-2-3) pattern is visible — a bullish signal.
➡️ Price broke out of the wedge and is now retesting.
➡️ Two scenarios remain: LONG if support holds or SHORT if it breaks.
📢 Bullish sign: candle wicks down + rising volume on bounce.
🧭 Watch price action and volume near $0.0185–0.0190.
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📈 LONG SCENARIO - Conditions: Holding above $0.0190
Entry: BYBIT:GALAUSDT.P from $0.02020
🛡 Stop loss: $0.01986
🎯 TP Targets:
💎 TP 1: $0.02040
💎 TP 2: $0.02065
💎 TP 3: $0.02085
📍 Confirming bullish strength after wedge breakout.
**************************
📉 SHORT SCENARIO - Conditions: Break and close below $0.0185
Entry: BYBIT:GALAUSDT.P from $0.01800
🛡 Stop loss: $0.01825
🎯 TP Targets:
💎 TP 1: $0.01784
💎 TP 2: $0.01766
💎 TP 3: $0.01756
📢 Confirmation: high volume + multiple closes below POC.
⚠️ Losing $0.0185 reactivates the bearish structure toward $0.01700.
🚀 Conclusion: We are in a decision zone.
📍 Hold above POC = bullish setup.
📍 Breakdown = bearish setup.
📢 Wait for confirmation with volume and price reaction BYBIT:GALAUSDT.P
EURUSD | Bullish Pennant Breakout – Retest Before the Target📊 EUR/USD (1H Timeframe)
The EUR/USD pair has shown a textbook example of a bullish pennant formation, which typically occurs during strong uptrends and signals a continuation of the bullish momentum. The price had an impulsive rally prior to the formation of the pennant, indicating a strong underlying bullish sentiment.
Following the rally, the market entered a period of consolidation where price action began to coil between two converging trendlines – this is the pennant structure, marked by lower highs and higher lows.
This tightening price action typically suggests that market participants are pausing to digest the previous move, often leading to another breakout in the same direction – in this case, bullish.
📐 Key Technical Elements Highlighted:
Bullish Pennant Formation:
Characterized by a sharp move up (flagpole) followed by a tight consolidation range (the pennant).
Volume generally contracts during consolidation and expands on breakout, confirming momentum.
Breakout and Retest:
Price has broken above the upper resistance line of the pennant.
Now pulling back for a retest, a healthy technical behavior often seen in strong setups.
This pullback offers a second chance for entry for traders who missed the initial breakout.
Support & Resistance Zones:
SR Interchange Zone (previous resistance turned into potential support).
Minor Resistance Zone above, now likely invalidated by breakout.
These zones are critical in evaluating potential price reaction and risk control.
Projected Target:
Based on the measured move from the pole height of the pennant added to the breakout point, the projected target stands near 1.14315, a level of prior structural interest.
🎯 Trade Plan – Technical Strategy
⚠️ This is a hypothetical scenario for educational purposes. Always manage your risk.
Entry Zone: On confirmation of a successful retest (bullish price action at trendline support)
Stop Loss: Below the pennant’s lower trendline or the SR interchange zone (1.1245 – 1.1260 region)
Target: 1.14315 (based on breakout projection)
Risk-Reward Ratio: Approx. 1:2 to 1:3 depending on entry precision
🔍 Psychological & Market Structure Notes:
A bullish pennant is a sign of accumulation after a strong rally – it tells us that buyers are resting, not gone.
The retest shows institutional behavior: smart money often allows price to come back to a breakout level before driving it higher again, to shake out weak hands and trap late sellers.
Momentum traders and breakout traders often wait for confirmation on the retest to pile in with higher confidence.
📚 Educational Takeaway:
This setup serves as a great case study in:
Continuation patterns (Bullish Pennants)
Breakout-retest behavior
Measured move target projections
Trend confirmation techniques
Market psychology and structure
If you're learning technical analysis, this is a high-probability pattern that occurs across many asset classes including forex, crypto, and stocks.
Gold Completes A Correction Within Bullish TrendGold made another sharp leg to the upside in first half of April, even showed some accelerating price action away from the 3,000 level. This suggests it might have been part of wave three when looking at the Daily and 4-hour time frame, so there can be more upside within a much more extended impulse structure. Possibly already now after blue wave four consolidation shows first signs of a bottom near 3120. Notice that pullback from recent high is in three legs, while price recovered out of wave (C) channel, so looks like new recovery is in the cards.
USDJPY TRADE PLAN – MAY 21 BIG BREAKOUT AHEAD?USDJPY TRADE PLAN – MAY 21 | FED HAWKISH BUT YEN STAYS WEAK – BIG BREAKOUT AHEAD?
USDJPY is entering a critical technical zone as the market weighs the Fed’s persistent hawkish stance against Japan’s passive approach to the Yen’s depreciation. After a strong rally, we are seeing a potential exhaustion with key levels in play.
🌍 MACRO CONTEXT:
FED remains hawkish: Officials continue to support higher-for-longer interest rates to tame inflation → USD remains firm.
Bank of Japan silence: No signs of FX intervention or rate policy shift, causing ongoing weakness in JPY.
Risk sentiment neutral: Risk-off flows are muted; USDJPY remains trapped in a wide range – awaiting macro catalysts.
📊 TECHNICAL OUTLOOK (H2 CHART):
Price is now correcting within a falling channel.
Price broke below the MA200 and rising trendline, now retesting a key support zone at 143.77.
The current range 141.99 – 144.71 is critical – a breakout from either end may dictate the next medium-term direction.
🎯 TRADE SETUPS FOR TODAY:
✅ SCENARIO A – SELL THE RALLY (PRIMARY BIAS):
If price rejects 144.71:
SELL ZONE: 144.70 – 144.71
SL: 145.10
TP: 143.77 → 143.30 → 142.50 → 141.99
→ Key resistance area – price may trigger strong seller interest.
✅ SCENARIO B – SELL ON BREAKDOWN:
If price breaks 143.77 and retests:
SELL ZONE: 143.60 – 143.70 (post-breakdown entry)
SL: 144.10
TP: 142.50 → 142.00 → 141.99
✅ SCENARIO C – SHORT-TERM BUY (LESS FAVORABLE):
If price reacts positively at 141.99 with bullish confirmation:
BUY ZONE: 141.90 – 141.99
SL: 141.50
TP: 142.50 → 143.00 → 143.77
→ Only take this setup if strong reversal signals appear.
🔑 KEY LEVELS TO WATCH:
Resistance: 144.71 – 145.00 – 148.44
Support: 143.77 – 143.30 – 141.99 – 141.20
📌 FINAL THOUGHTS:
USDJPY remains in a volatile consolidation zone, pressured by a hawkish Fed but lacking JPY strength. Watch for PMI data and Fed comments this week for directional cues. Until then, respect the current range and trade with discipline.
📣 Bias favors SELL from 144.71 unless buyers reclaim full control – trade the reaction, not the prediction!
JPYUSD | Head & Shoulders Breakdown Setup | Bearish move Build🔍 Technical Overview
A clear Head & Shoulders pattern has formed on the JPY/USD 8H chart — a well-known bearish reversal setup often signaling a shift from bullish momentum to bearish control. The pattern is confirmed with a left shoulder, higher head, and lower right shoulder, all aligned along a defined neckline acting as key horizontal support.
Currently, the price is retesting both the neckline and a descending trendline, which adds confluence to the bearish bias. If price fails to break back above this resistance zone, we can anticipate a further drop toward the projected target zone.
📌 Key Technical Levels
Head: ~0.007180
Neckline Support: ~0.006660
Retest Area (Confluence Zone): ~0.006940–0.006960
Bearish Target: ~0.006470 (measured from the head to the neckline and projected downward)
Trendline Resistance: Acting as dynamic resistance since the recent high
⚙️ Price Action Insights
Pattern Clarity: The structure of the H&S is clean and symmetrical — a classic sign of distribution and topping out after a bullish rally.
Retest in Play: Price is currently retesting the trendline resistance. Rejection from this area strengthens bearish continuation potential.
Momentum Shift: Bullish pressure is weakening. Lower highs on the right shoulder show buyer exhaustion.
🧠 Mindset & Strategy
This setup demonstrates how patience, pattern recognition, and confluence can align to offer a high-probability trading idea.
✅ Wait for Confirmation: A strong bearish candle off the retest zone or neckline breakdown gives a cleaner short entry.
✅ Risk Management First: Place stops just above the right shoulder or trendline (~0.007000 zone).
✅ Target Logically: The target is not random — it’s derived using the classic measured move technique, matching the head-to-neckline distance.
📋 Trade Idea (Not Financial Advice)
📍 Entry: On rejection at retest zone or confirmed neckline breakdown
🎯 Target: 0.006470
🛑 Stop Loss: Above 0.007000 (trendline/right shoulder area)
⚖️ Risk/Reward Ratio: Minimum 2:1 if entered post-retest confirmation
🧠 Trader’s Note (Minds Insight)
This is where discipline comes into play. Don’t chase the move. Let the pattern complete and confirm. Head and Shoulders formations are among the most reliable reversal patterns — but only after neckline breaks or strong rejections.
This setup teaches traders to trust the process, combine horizontal and diagonal resistance, and let the price action do the talking.
Silver Rectangle Pattern Breakout | XAGUSD Analysis + Target🔍 Technical Overview
Silver has been forming a textbook rectangle consolidation pattern over the past few weeks, bouncing between a clearly defined Support Zone (~$32.10) and Resistance Zone (~$33.40). This range-bound movement indicates accumulation, a phase where smart money typically builds positions before initiating a directional breakout.
Currently, price action shows a breakout attempt toward the upper resistance. If momentum continues, we could see a bullish breakout, followed by a potential retest of the broken resistance (now support). A successful retest would confirm a high-probability setup for a move to higher targets.
📌 Key Technical Zones
Support Zone: ~$32.10
This level has been tested multiple times, with price consistently bouncing higher, signaling strong buyer interest.
Minor Resistance Zone: ~$33.00
Acted as an intermediate ceiling within the rectangle. Once broken, this level became a signpost for bullish continuation.
Main Resistance Zone: ~$33.40
The top boundary of the rectangle; this is the key breakout level.
Target 1 (TP1): $34.58
A logical resistance level based on previous price structure and breakout projection.
Target 2 (TP2): $35.22
A more extended target derived from the height of the rectangle pattern projected from the breakout point (measured move).
⚙️ Price Action Insights
Rectangle Pattern Behavior: Price ranged within horizontal support/resistance, forming consistent highs and lows — a strong signal of accumulation.
Momentum Shift: Recent bullish candles and higher lows suggest buying pressure is increasing.
Breakout in Progress: Price is currently pushing above the upper rectangle boundary. A confirmed breakout candle close followed by a retest would provide a higher-probability entry opportunity.
Retest Strategy: Retests are critical for confirmation. A pullback to ~$33.40 with rejection signals (e.g., bullish engulfing, pin bar) would strengthen the case for further upside.
🧠 Mindset & Strategy Explanation
This setup represents patience, structure, and discipline in trading:
✅ Wait for the Pattern : Rectangle patterns often trap impatient traders. Waiting for a confirmed breakout and retest gives higher-quality entries.
✅ Risk Management is Key : Use the structure of the rectangle to define risk. Stops should be set just below the last swing low or inside the range.
✅ Targeting with Precision: TP1 and TP2 are not random — they’re derived from prior resistance levels and pattern projections. This keeps your trading logical, not emotional.
✅ Mind Over Market: Don’t chase breakouts. Wait for confirmation. The retest is often your friend in swing trading setups like this.
📋 Trade Idea (Not Financial Advice)
📍 Entry: On confirmed breakout above $33.40 or retest of this level with bullish confirmation.
🎯 Target 1: $34.58 (partial take profit suggested)
🎯 Target 2: $35.22 (measured move projection)
🛑 Stop Loss: Below $32.70 (under recent support structure)
🔁 Optional: Trail stop loss after TP1 to lock in profits as TP2 approaches.
🧠 Final Thoughts for Traders
This chart provides a clean example of how price consolidates before expansion. The rectangle pattern allows for easy identification of entry/exit zones and offers a solid risk-to-reward setup. Whether you're a new trader learning to spot consolidation patterns or a seasoned pro looking for low-risk, high-reward setups — this XAGUSD formation is one to watch.
Keep an eye on volume and candle structure around the breakout zone. Confirmation is key. Discipline is everything.
GBP/USD Forms a New Bearish WaveFenzoFx—GBP/USD tested the 1.3414 high for the third time since late April, currently forming a long wick bearish candlestick pattern in the daily chart.
From a technical perspective, a new bearish wave could be on the horizon if this level holds. In this scenario, the next bearish target could be the 1.3145 support.
Trade GBP/USD Swap Free at FenzoFx.
GOLD 21/05 – FED'S HAWKISH STANCE VS. TECHNICAL LEVELSGOLD MARKET UPDATE 21/05 – FED'S HAWKISH STANCE VS. TECHNICAL LEVELS – BIG MOVE AHEAD?
Gold’s recent rally has paused as traders weigh the latest signals from the Federal Reserve. Despite geopolitical tensions and softer U.S. economic data, the Fed is sticking with a "higher-for-longer" interest rate policy, which has kept the U.S. dollar strong and put pressure on gold’s price action.
📉 However, the technical outlook suggests a different story.
⚙️ TECHNICAL ANALYSIS: Is It A Bearish Trap Or A Hidden Bullish Opportunity?
Looking at the 1H timeframe, XAU/USD is consolidating after reaching a major Fair Value Gap (FVG) between 3328–3356. This zone reveals significant volatility and potential liquidity grabs, with two key FVG zones forming above and below the current price levels.
There’s a potential bullish scenario if gold retraces to the 3250–3252 support zone, where strong trendline confluence and dynamic support are likely to drive demand.
On the flip side, any rejection from the 3354–3356 SELL ZONE could initiate a bearish trend, pushing gold lower to test key structural support levels.
💹 TRADING STRATEGY FOR TODAY:
🔵 BUY ZONE
Entry: 3252–3250
Stop Loss: 3246
Take Profit:
3256 – 3260 – 3264 – 3268 – 3272 – 3280 – 3300 – ???
🔵 BUY SCALP
Entry: 3277–3275
Stop Loss: 3272
Take Profit:
3280 – 3284 – 3288 – 3292 – 3296 – 3300
🔻 SELL ZONE
Entry: 3354–3356
Stop Loss: 3360
Take Profit:
3350 – 3346 – 3342 – 3338 – 3334 – 3330 – 3320
🔻 SELL SCALP
Entry: 3328–3330
Stop Loss: 3334
Take Profit:
3324 – 3320 – 3316 – 3310 – 3305 – 3300
🌍 MACRO INSIGHT
The Fed’s hawkish stance continues to weigh on gold, but geopolitical uncertainty and ongoing de-dollarization trends maintain gold’s appeal.
China, along with other central banks, is still actively accumulating gold, signaling that long-term bullish pressure remains intact.
Keep an eye on U.S. data this week, especially PMI and jobless claims, as these could act as short-term catalysts for gold.
📌 KEY NOTES
Volatility is increasing, so stay disciplined. Stick to your key levels and manage risk effectively. Patience and strategy will be key as the market moves in the coming days.
Stay alert and trade wisely!
Bearish Reversal Confirmed – BTC Rising Wedge TrapBitcoin (BTCUSD) on the 1H timeframe is displaying a bearish reversal structure after failing to sustain a breakout above key resistance. The recent price action has formed a Rising Wedge Pattern, which typically precedes a downside correction, especially when formed near a key supply zone. Let’s break down the setup:
🔍 Technical Analysis Overview:
🔹 1. Rising Wedge Pattern (Bearish)
A rising wedge is visible near the top of the recent bullish impulse. This wedge is characterized by converging trendlines with higher highs and higher lows, but with diminishing momentum. It typically signals a weakening uptrend and a potential trend reversal or correction once price breaks below the lower wedge boundary.
The breakout to the downside has already begun, confirming bearish intent.
🔹 2. SR Interchange Zone
The blue zone marked in the chart represents a Support-Resistance Interchange (SR Flip). This was previously an area of consolidation and breakout, acting as a key decision zone. Price is expected to retest this zone after the wedge breakdown before continuing further down.
This creates a perfect "Break → Retest → Drop" scenario, often favored by institutional and swing traders.
🔹 3. Consolidation Structure
Before the wedge formation, Bitcoin was stuck in a prolonged consolidation phase. This type of ranging price action often accumulates orders before a breakout. Once broken, these zones serve as magnets for pullbacks or liquidity grabs, and are frequently retested.
🔹 4. Target Zone
The measured move from the rising wedge pattern points to a target near $101,617, which aligns with a previous structural low and a potential demand zone. This area could serve as the next major support level.
🎯 Trade Strategy & Setup:
Entry: After confirmation of breakdown and a clean retest of the SR zone.
Stop Loss (SL): Just above the wedge high and structural resistance (~$108,020).
Target (TP): $101,617 (downside projection based on wedge height and price structure).
📌 Risk-Reward Setup: 1:3+ possible if retest confirms.
🧠 Trader’s Insight:
This setup reflects a common smart-money behavior where price forms a bullish-looking structure (rising wedge), entices buyers, and then traps them with a swift breakdown. The SR retest provides a low-risk shorting opportunity. Patience is key — let price come to your level before entering.
🚨 Risk Note:
If BTC reclaims and holds above the $108,020 level, the bearish thesis may be invalidated. Always wait for confirmation before execution.
Senate Advances Stablecoin Bill, JPMorgan Backs Bitcoin AccessFundamental approach
- The US Senate has cleared the GENIUS Act, its long-awaited stablecoin framework, after marathon talks. A final vote is expected after the Memorial Day break (26 May).
- JPMorgan Chase CEO Dimon says the bank will soon allow clients to trade bitcoin through third-party custody, adding fresh tailwinds to institutional demand.
- Spot-bitcoin ETFs are on track for a sixth straight week of net inflows, reinforcing the bid beneath prices.
Technical approach:
- Price is probing resistance at 106200 within a well-defined rising channel. The widening spread between both EMAs underscores building bullish momentum.
- A decisive close above 107000 opens the door to 113000.
- On the contrary, a drop through the support at 101400 would lead to a deeper correction to around the following support at 93000.
Analysis by: Dat Tong, Senior Financial Markets Strategist at Exness
XAUUSD Breakout from Bullish Flag – Eyes on $3,387Gold (XAUUSD) on the 1H timeframe is exhibiting a strong bullish continuation setup, supported by multiple confluences that suggest the uptrend is far from over. The chart clearly shows the market breaking out from a Bullish Flag Pattern, respecting curve support, and targeting the major resistance zone near $3,387.
🔍 Technical Breakdown:
1. Bullish Flag Pattern Formation
After a sharp bullish impulse, price consolidated in a tight downward-sloping channel — the classic bullish flag. This pattern typically appears mid-trend and signals a healthy pause before the next leg higher. The breakout from the flag confirms bullish continuation, often offering a high-probability trade entry.
2. Break of Structure (BOS)
The breakout above minor resistance marked a Break of Structure (BOS), which is a key bullish signal. It indicates a shift in market sentiment and validates the end of the corrective phase (flag) and beginning of the next impulse wave.
3. Curve Support (Parabolic Trajectory)
A parabolic curve support is now guiding price upward, showing increasing bullish pressure and higher lows forming consistently. This type of dynamic support often appears in strong trending markets where buyers step in aggressively at every pullback.
4. Liquidity Sweep & Smart Money Behavior
Before the breakout, price dipped below recent lows within the flag, likely sweeping liquidity and triggering stop-losses. This move provided institutional players with the liquidity needed to push price higher — a classic smart money trap-and-break scenario.
5. Volume & Momentum Confirmation
The breakout occurred with strong bullish momentum and rising volume (if checked on the volume profile), reinforcing the credibility of this move. A momentum-based continuation is likely as long as price remains above previous resistance (now support).
🎯 Target & Resistance Levels:
Short-Term Target: $3,387 — aligned with the previous major resistance area
Support Zone: $3,260–$3,275 (previous flag breakout + structure support)
Major Resistance Zone: Around $3,360–$3,387 (historical supply zone)
🧠 Trade Idea / Strategy:
As long as price holds above the curve support and retests the previous breakout zone (flag top or minor resistance), bullish entries on pullbacks are favored.
✅ Buy on dips into curve support or minor resistance retests.
❌ Avoid shorting into a strong parabolic structure unless signs of exhaustion appear.
🎯 Potential RR setups: 1:2 and beyond if entry is timed well.
💬 Conclusion:
The market structure, pattern confirmation, and strong bullish momentum all point toward a continuation move toward the $3,387 level. This setup provides a solid technical case for bullish trades with multiple entry options and well-defined risk levels. Keep an eye on curve support and potential higher timeframe resistance reactions for dynamic trade management.
XAUUSD – Short-term bounce, major trendline still in play!Hey everyone, looking at the chart, we can see that gold is still moving within a larger uptrend. However, it's now testing a key resistance trendline that has repeatedly caused price to reverse in the past.
The recent bounce from the $3,170 zone looks strong on the surface, but in reality, it's just retesting the $3,400 resistance area – where selling pressure could reappear. Price behavior is also showing signs of losing steam as it approaches previous highs.
If the price fails to break through the upper trendline, a pullback to the $3,400 support zone is the first likely scenario. A deeper move toward the $3,170 area – which previously triggered strong buying – could also unfold.
Summary: Price is currently testing a strong resistance zone. If it fails to break above, the likelihood of a corrective reversal increases. Watch the trendline reaction closely and plan accordingly!
#NIFTY Intraday Support and Resistance Levels - 21/05/2025Today will be flat opening expected in nifty. After opening if nifty sustain above 24750 level then expected upside movement upto 24950 level. This level will act as a strong resistance for today's session. Any upside rally can reversal from this level. Major downside expected if nifty starts trading below 24700 level. Downside 24500+ level expected in today's session.
[INTRADAY] #BANKNIFTY PE & CE Levels(21/05/2025)Today will be flat opening expected in banknifty. After opening if banknifty starts trading below 54950 level then possible further downside upto 54550 level in today's session. Upside movement expected if banknifty starts trading and sustain above 55050 level. Upside 55450 level will act as a strong resistance for today's session. Any bullish side rally can be reversal from this level.
Nightly $SPY / $SPX Scenarios for May 21, 2025🔮 Nightly AMEX:SPY / SP:SPX Scenarios for May 21, 2025 🔮
🌍 Market-Moving News 🌍
🇺🇸 G7 Finance Ministers Convene Amid Tariff Tensions
Finance ministers from G7 nations are meeting in Banff, Alberta, focusing on restoring global stability and growth. Discussions are expected to address excess manufacturing capacity, non-market economic practices, and financial crimes. Tensions may arise due to recent U.S. tariffs affecting multiple G7 nations.
🛢️ Oil Prices Rise on Geopolitical Concerns
Oil prices increased over 1% following reports that Israel may be preparing a military strike on Iranian nuclear facilities. Such actions could disrupt Middle East oil supplies, particularly if Iran blocks the Strait of Hormuz, a vital passage for crude exports.
📈 Retail Earnings in Focus
Major retailers, including Lowe's ( NYSE:LOW ), Target ( NYSE:TGT ), and TJX Companies ( NYSE:TJX ), are set to report earnings today. Investors will be closely monitoring these reports for insights into consumer spending patterns amid ongoing economic uncertainties.
📊 Key Data Releases 📊
📅 Wednesday, May 21:
10:00 AM ET: State Employment and Unemployment (Monthly) for April 2025
10:30 AM ET: EIA Crude Oil Inventory Report
⚠️ Disclaimer:
This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.
📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
PYTH 4H ANALYSIS – Bullish Setup in PlayAfter completing a 5-wave impulse to the downside, PYTH has shown signs of a trend reversal. The first upward impulse displayed a clear 5-wave Elliott structure, breaking out of the descending channel — a strong bullish signal.
Following this, a classic A-B-C zig-zag correction occurred, which acted as a retest of the broken channel resistance, now turned support. This confluence increases the probability of a bullish continuation.
With market structure aligning and correction likely complete, PYTH is showing potential for a 50%+ move to the upside.
🟢 Entry Zone: 0.1400 – 0.1500
🔴 Stop Loss: 0.1272 (Below wave C & structural support)
🎯 Target Price: 0.2235
💡 Note: Always manage your risk and confirm with your own analysis before entering any trade.
SHAILY ENG PLASTICS LTD – Breakout Watch | High Volume Spike📌 Trade Plan (Short-Term Swing):
Buy above: ₹1,805 (Breakout confirmation)
Stoploss: ₹1,756 (Below breakout zone)
Target 1: ₹1,849
Target 2: ₹1,943
Sell below: ₹1,756 (Breakdown or failed breakout)
🔍 Technical View:
Volume spike with bullish close – institutional interest likely
Breakout zone near ₹1,804 now acting as immediate support
RSI breakout supports momentum entry
Resistance: ₹1,849 and ₹1,943
EVLV 1WEVLV — a rectangle pattern has formed, and the 100 MA has crossed above the 200 MA, signaling the start of a potential trend reversal. Targets: $8.29 and $12.94.
As of May 2025, the fundamental outlook for Evolv Technologies Holdings Inc. (ticker: EVLV) is as follows:
The company continues to show strong revenue growth and improving key financial metrics, despite remaining unprofitable. Revenue for 2024 reached $103.9 million, up 31% from 2023, while the net loss was halved to $54 million. EBITDA improved to -$21 million from -$51.8 million the year before. Annual recurring revenue (ARR) grew by 39% to $99.4 million. The company maintains a strong financial position with $51.9 million in cash and zero debt.
The stock is currently trading at $4.44, above its estimated intrinsic value of $2.76 according to AlphaSpread. Analysts remain optimistic, giving EVLV a “Strong Buy” rating and forecasting an average price target of $5.31, suggesting about 19.6% upside potential.
However, investors should keep in mind that the company is still unprofitable, and the current market valuation exceeds its fundamental value.
Equity Research Report – NEWGEN SOFTWARE TECHNOLOGIESShort-Term View: A strong breakout above key resistance at ₹1,100 with volume surge indicates bullish momentum. Price reclaimed the 50 EMA after consolidation. RSI at 60.87 supports strength; next resistance lies near ₹1,193.90.
Long-Term View: Structurally strong after correction. Sustaining above ₹1,020 (50 EMA) may attract fresh buying. Long-term targets can stretch to ₹1,300+ if earnings and demand trends remain favorable.
Conclusion: Bullish momentum likely to continue both short and long term. Watch for volume confirmation and hold above ₹1,100.
For Education Purpose only
ONT ANALYSIS 📊 #ONT Analysis
✅There is a formation of Falling Wedge Pattern on daily chart with a good breakout and retest and currently trading around its support zone🧐
Pattern signals potential bullish movement incoming after the confirmation of retest
👀Current Price: $0.1483
🚀 Target Price: $0.1940
⚡️What to do ?
👀Keep an eye on #ONT price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#ONT #Cryptocurrency #TechnicalAnalysis #DYOR
POL/USDT Potential UpsidesHey Traders, in today's trading session we are monitoring POL/USDT for a buying opportunity around 0.2200 zone, POL/USDT is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.2200 support and resistance area.
Trade safe, Joe.