Trade
NZD/JPY Short, AUD/JPY Short and CAD/CHF ShortNZD/JPY Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
AUD/JPY Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
CAD/CHF Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
Positional Trade Idea:UBLThe chart of United Breweries Ltd (UBL) shows that the stock is testing a key resistance zone around ₹2,180. With consistent higher highs, it suggests a bullish momentum, but a breakout above this resistance is crucial for further gains.
Positional Trade Idea:
Entry: Buy on a breakout above ₹2,200 with volume confirmation.
Target: ₹2,400+ on successful breakout.
Stop Loss: Below ₹2,070 (last week's low) to manage risk.
Monitor the stock for a clear breakout, as it could lead to a strong uptrend continuation.
BTCUSD: Key Levels and Projections Based on Elliott WavesBTCUSD has formed a corrective pattern on the daily timeframe, identified as a W-X-Y structure with seven distinct waves. The price found support at the 200 EMA, reaching a low of 49,577 before bouncing back. The sub-waves within this structure are clearly visible, with wave (1) and wave (2) completing at 62,729 and 52,546 respectively.
Currently, BTCUSD is encountering strong resistance at the upper boundary of the corrective channel, posing a significant challenge for bullish momentum. Although wave (3) has managed to rise above wave (1), it has not yet confirmed a strong bullish breakout. To establish a decisive upward move, wave (3) needs to hold above wave B and breach the upper boundary of the channel. The breakout can help the price to get 100% of the whole correction.
Failure to break out of this resistance zone could result in the corrective structure extending into an X-Z formation, leading to a prolonged consolidation phase. This would suggest more time is needed for the pattern to play out, causing frustration for traders looking for a clear bullish trend.
We will provide further updates to our followers soon.
- Trade technique by KP
GBPUSD analysis week 40Fundamental Analysis
According to CME Group’s FedWatch Tool, the market is currently pricing in a more than 75% chance of the Federal Reserve cutting interest rates by another 50 basis points in November. In addition, weaker US macroeconomic data on Tuesday, coupled with the prevailing risk-on environment, further undermined the safe-haven dollar and confirmed the positive near-term outlook for GBP/USD.
Going forward, there is no market-relevant economic data due out of the UK on Wednesday. However, a scheduled speech by BoE MPC Member Megan Greene could influence GBP and provide some impetus to the GBP/USD pair. Later in the early North American session, US New Home Sales data could contribute to short-term trading opportunities.
Technical Analysis
GBPUSD’s trading range has remained largely unchanged over the past week. With little technical movement we still see the pair in a solid range of 1.323 and 2.349. In the short term we can see that the immediate support zone has been raised after the price reacted strongly at 1.331 and the resistance level forming a triple top around 1.342 has been established. The GBPUSD direction could continue the correction early next week and reach the yearly record around 1.350 in the near term.
Trading signals
SELL GBPUSD zone 1.349-1.351 Stoploss 1.353
BUY GBPUSD zone 1.323-1.321 Stoploss 1.319
BITCOIN long setup / Bulls or Bears, Tell me in CommentsBINANCE:BTCUSDT
COINBASE:BTCUSD
Hello Traders
💥Long position on BTC
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
63,900
64,500
65,300
66,150
67,000
🔴SL:
60,100
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
ETHUSDT Reclaims 200 EMA: Eyes on $2500-$2600 Resistance!Ethereum (ETH) has successfully risen above the 200 EMA on the 4 hour Chart for the first time since July. signaling a potential bullish reversal. This critical indicator often marks a shift in market sentiment, and ETH's current price action suggests we could see significant upward movement.
Currently, ETH is facing a key resistance zone between $2500 and $2600. A breakout above this level could unleash further bullish momentum, with the next target to watch being $3000, which could be within reach as momentum builds. As we monitor this potential breakout, it's important to keep an eye on volume and momentum for confirmation, as a strong push through resistance will strengthen the bullish case.
Always keep stop loss!!
Part 1: Option Selling: A Simple Way to Earn Consistent PremiumsWe’ll explore the top 7 option-selling strategies on the NSE (National Stock Exchange) that could help traders target up to 10% monthly returns per Month on their capital. Option selling is an advanced strategy that can generate consistent income, but it’s important to balance high rewards with the right risk management. Whether you are new to options or an experienced trader, this guide will provide an overview of each strategy, rated based on its risk, reward, and suitability for achieving your financial goals.
Option Selling on NSE: A Simple Way to Earn Consistent Premiums
Introduction
Option selling is a great way to make steady income on the NSE. Instead of waiting for big market moves, you can sell options and collect premium upfront. It’s a strategy that benefits from time decay, meaning the longer the option sits without action, the more money you can make. Let’s break down why it works and why traders love it on the NSE.
What is Option Selling?
When you sell an option, you’re giving someone the right to buy or sell an asset at a specific price. In return, you get paid a premium upfront. As long as the market stays within a certain range, you keep that money.
Selling a Call : You profit if the price stays below a certain level.
Selling a Put : You profit if the price stays above a certain level.
It’s simple – the less the market moves, the more you earn.
Why Traders Choose Option Selling
1. Immediate Income
You get paid right away when you sell an option. No waiting for market moves, just steady income.
2. Time is Your Friend
As time passes, options lose value due to time decay. This works in your favor as a seller, since the option becomes less likely to be exercised.
3. High Win Rate
You don’t need big price moves. As long as the market stays within a range, you win.
4. Control Risk with Spreads
You can limit your risk by using spreads, where you buy another option to protect yourself if the market moves too much.
Why the NSE is Ideal for Option Selling:
High Liquidity: Options like Nifty and Bank Nifty have a lot of buyers and sellers, so trades are easy to make.Low Capital Requirement: You need less money to sell options on the NSE compared to other strategies.Risk Control: With the wide variety of options, you can set up trades that limit your risk.
Conclusion
Option selling on the NSE is a simple and effective way to generate steady income. By collecting premiums and managing risk with spreads, you can create a reliable strategy for consistent earnings. Whether you’re new to trading or experienced, option selling offers an accessible path to profit.
Quick SPX Scenario for Retesting Lower Support zoneBINANCE:SXPUSDT
BINANCE:SXPUSDT
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
0.2629
0.2596
0.2560
0.2510
🔴SL:
0.2783
🧐The Alternate scenario:
If the price stabilizes above the trigger zone, the setup will be cancelled.
VETUSDT 1:1 Long Setup SettingBINANCE:VETUSDT
COINBASE:VETUSD
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
0.02525
0.02551
0.02581
0.02621
🔴SL:
0.02354
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
Gold Price Analysis September 27Fundamental Analysis
Gold (XAU/USD) attracted some sellers over the weekend and fell further from its all-time high, around the $2,685-$2,686 region hit on Thursday. The decline was financed by some buying of the US Dollar (USD), which tends to weaken demand for the commodity. In addition, the bullish market mood, fueled by China’s new stimulus measures, turned out to be another factor driving outflows from the safe-haven precious metal.
That said, expectations of a more aggressive easing policy from the Federal Reserve (Fed) kept the USD confined to a familiar range that has been maintained for about two weeks and within striking distance of the YTD low set last week. This, coupled with the risk of further escalation of geopolitical tensions in the Middle East, should limit losses for Gold. Traders may also prefer to wait for the release of the US Personal Consumption Expenditures (PCE) Price Index.
Technical Analysis
Currently, the trading range of gold is very wide. and Gold can make an ATH at any time during this period. The lower border area is focused on ports 2650 and 2640. The upper area of ATH is focused on the round ports 2690 and 2700. If gold holds above the 2662 hook until the middle of the US session, we can still set up buy orders in this area to the upper resistance areas, and if it breaks 2662, wait for retest and sell to 2650-2640
BUY XAUUSD 2651-2649 Stoploss 2646
BUY XAUUSD 2641-2639 Stoploss 2636
SELL XAUUSD 2688-2690 Stoploss 2693
SELL XAUUSD 2699-2701 Stoploss 2704
CAD/JPY Short and CHF/JPY ShortCAD/JPY Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of inflection.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
CHF/JPY Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of inflection.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
Gold price analysis US session September 26Fundamental Analysis
Gold prices struggled to find a solid intraday direction on Thursday, hovering below the all-time highs reached the previous day. Bets on another aggressive rate cut by the US Federal Reserve (Fed) failed to help the US Dollar (USD) capitalize on the previous day’s solid recovery from its YTD lows and support the non-yielding yellow metal. In addition, rising tensions in the Middle East and concerns over China’s economic recovery, despite the latest stimulus plans, acted as a catalyst for the safe-haven precious metal.
However, bullish traders appeared reluctant to press ahead, preferring to wait for further signals on the Fed’s rate cut path before placing fresh bets on Gold prices. Therefore, the focus will remain on the speeches of influential FOMC members, including Fed Chairman Jerome Powell, which will play an important role in influencing the USD price dynamics in the short term. In addition, US macro data - the final Q2 GDP report, Weekly Initial Jobless Claims and Ordinary Durable Goods Orders - will contribute to creating short-term trading opportunities around XAU/USD.
Technical Analysis
The 2689-2691 zone becomes an important resistance zone today to prevent gold from sliding further. we are waiting for SELL signal in that area and retracement of gold price will be expected at 2660 and support level 2640
SELL GOLD 2689-2691 Stoploss 2694
BUY GOLD 2640-2638 Stoploss 2635
BUY GOLD 2660-2658 Stoploss 2655
ARK Long Setup Setting / Wait for the UpdatesBINANCE:ARKUSDT
COINBASE:ARKMUSD
Hello Traders
💥Long position on ARK
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
0.4330
0.4420
0.4525
0.4645
0.4787
🔴SL:
0.3898
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
Gold Price Analysis September 25Fundamental Analysis
Gold rose to a fresh record high of $2,670 an ounce on Wednesday after a surprise drop in U.S. consumer confidence data on Tuesday raised expectations of more aggressive policy easing and deeper interest rate cuts from the Federal Reserve.
Lower interest rates are good for gold because they reduce the opportunity cost of holding non-interest-bearing assets, making it more attractive to investors.
The People's Bank of China's biggest stimulus move since the Covid pandemic announced on Tuesday, which included steep cuts in borrowing costs as part of a package of measures to revive the slumping economy, also supported gold prices.
Escalating tensions in the Middle East after Israel resumed bombing Hezbollah targets in Lebanon further boosted safe-haven flows into the yellow metal.
Technical Analysis
Gold is sideways in a narrow range and waiting for clear buying and selling forces at the support level of 2650 to see how the price reacts when the US session enters. If it cannot break through 2650, a new ATH can be established today. Pay attention to the resistance zones at the top of 2670-2680 and see the price reaction in this zone to SELL. Important support is at the 2640 zone
Trading signals
BUY GOLD zone 2650 SL 2645
BUY GOLD zone 2640 SL 2635
SELL GOLD zone 2670 SL 2675
SELL GOLD zone 2680 SL 2685
Looks Like We Have Long Scenario on PEPEBINANCE:PEPEUSDT
CRYPTO:PEPEUSD
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow box
⚡️TP:
0.00000803
0.00000816
0.00000833
0.00000850
🔴SL:
0.00000768
0.00000753
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
ADA long setup / 1:1 SettingBINANCE:ADAUSDT
COINBASE:ADAUSD
Hello Traders
💥Long position on CARDANO
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
0.3625
0.3665
0.3715
0.3760
🔴SL:
0.3370
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
ZECASH long setup / 1:1 SettingBINANCE:ZECUSDT
COINBASE:ZECUSD
Hello Traders
💥Long position on ZECASH
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
32.35
🔴SL:
30.32
32.75
33.45
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
Gold price analysis September 24Fundamental Analysis
Gold prices fell after hitting a fresh all-time high around the $2,640 region on Tuesday and slid to the lower end of its daily range heading into the European session. Rising US Treasury yields helped revive demand for the US Dollar (USD), prompting some profit-taking around the commodity amid a mildly overbought condition on the daily chart.
However, any meaningful corrective decline in Gold prices appears to be limited after the Federal Reserve (Fed) stepped up bets on more aggressive policy easing. Additionally, persistent geopolitical risks, US political uncertainty and a gloomy global economic outlook will support the safe-haven XAU/USD as traders look to Fed Governor Michelle Bowman’s speech for fresh impetus.
Technical Analysis
Gold retreats from the 2640 peak. Technically, wave 5 of the Elliot wave has completed and the ABC correction wave is forming towards 2604. If the 2624 zone where gold is currently located is broken, we will get the 2603 level when the US session jumps in. If the European session price cannot break 2625, we will still wait and prioritize the sell side when retesting the 2640 peak. The 2593-2595 zone is considered a good buy zone.
Upper resistance: 2640 - 2645 - 2650 - 2658
Support: 2615 - 2610 - 2605 - 2600 - 2688 - 2657
Sell 2654 - 2656. Stoploss 2659
Sell 2640-2642. Stoploss 2445
Canh BUY scalp 2615
Canh BUY 2604 - 2606. Stoploss 2600
Canh BUY 2593-2595. Stoploss 2590