Trend Analysis
BHARAT WIRE ROPES LTD S/RSupport and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) :
Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum.
Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
USDCHF Will Go Higher! Long!
Here is our detailed technical review for USDCHF.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 0.819.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.831 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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POLAND - WIG20 - ALLEGRO going UP soon (MID THERM)Im watching this asset few months now with all its latest ups and downs. There is my trading plan for near future. Based on Elliot waves theory and Wyckoff accumulation schematic i think that we are see higher tops soon.
Elliot: Currently in the beginning of third impulse wave. Second wave ended at 0.618 of first wave.
Wyckoff: End of phase C / beginning of phase D
First target 38-39 PLN
Second target 42-45 PLN
Third target (end of 3rd impulse wave) 49-52 PLN.
Let me know what you think in the comments below, happy trading.
Its only my opinion, not investing advice.
XAU/USD 05 June 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remains the same as analysis dated 23 April 2025
Price has now printed a bearish CHoCH according to my analysis yesterday.
Price is now trading within an established internal range.
Intraday Expectation:
Price to trade down to either discount of internal 50% EQ, or H4 demand zone before targeting weak internal high priced at 3,500.200.
Note:
The Federal Reserve’s sustained dovish stance, coupled with ongoing geopolitical uncertainties, is likely to prolong heightened volatility in the gold market. Given this elevated risk environment, traders should exercise caution and recalibrate risk management strategies to navigate potential price fluctuations effectively.
Additionally, gold pricing remains sensitive to broader macroeconomic developments, including policy decisions under President Trump. Shifts in geopolitical strategy and economic directives could further amplify uncertainty, contributing to market repricing dynamics.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Analysis and bias remains the same as analysis dated 22 May 2025.
In my analysis from 12 May 2025, I noted that price had yet to target the weak internal high, including on the H4 timeframe. This aligns with the ongoing corrective bearish pullback across higher timeframes, so a bearish internal Break of Structure (iBOS) was a likely outcome.
As anticipated, price targeted strong internal low, confirming a bearish iBOS.
Price has remained within the internal range for an extended period and has yet to target the weak internal low. A contributing factor could be the bullish nature of the H4 timeframe's internal range, which has reacted from a discounted level at 50% of the internal equilibrium (EQ).
Intraday Expectation:
Technically price to continue bullish, react at either premium of internal 50% EQ or M15 demand zone before targeting weak internal low priced at 3,120.765.
Alternative scenario:
Price can be seen to be reacting at discount of 50% EQ on H4 timeframe, therefore, it is a viable alternative that price could potentially print a bullish iBOS on M15 timeframe.
Note:
Gold remains highly volatile amid the Federal Reserve's continued dovish stance and persistent geopolitical uncertainties. Traders should implement robust risk management strategies and remain vigilant, as price swings may become more pronounced in this elevated volatility environment.
Additionally, President Trump’s recent tariff announcements are expected to further amplify market turbulence, potentially triggering sharp price fluctuations and whipsaws.
M15 Chart:
EUR/USD: Options signal more downside for the dollarIon Jauregui - ActivTrades Analyst
After a difficult start of the year for the greenback, the US dollar seems to have slowed its decline... but not for long, if we look at options market activity. Traders are still aggressively bearish, especially against the euro and the yen. According to LSEG data, more than 59% of FX options volume on CME Group (NASDAQ: CME) is in dollar put contracts, reflecting a clear expectation of further depreciation. This pressure is particularly concentrated in EUR/USD, where flows are pointing to a euro rally driven by the expectation of more aggressive rate cuts in the US than in Europe.
Since the beginning of the year, EUR/USD has swung wildly, influenced by rate differentials, macroeconomic data and the Fed's dovish turn. Although the ECB is also poised to cut rates, the market seems to be discounting a deeper and faster cycle in the US, which is weakening the dollar in the medium term.
Technical Analysis
Technically, if the pair manages to consolidate above 1.13366 we could see an advance to the nearby 1.14896 resistance. If this resistance is pierced we could contemplate a free upside move towards 1.18853. If these upside predictions are not fulfilled the pair should look for the mid-range checkpoint at 1.09223, if this area fails to hold we would see a drop to the lower end of the range at 1.053227. The mid-range crosses signal a clear uptrend and the RSI supports the idea of an overbought advance at the current 58.42%.
In short, the options market leaves no room for doubt: investors have not yet closed the bearish chapter for the dollar, and the euro could be one of the major beneficiaries if the selling pressure continues. On the other hand, the CFD derivatives market signals a possible price increase. Which data to believe? We will have to be attentive to both situations.
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The market is testing a strong resistance zone Trade Rationale:
The market is testing a strong resistance zone near 3368. If this level holds, we anticipate a pullback or downward correction. Momentum indicators are showing signs of weakening bullish strength, which supports a short position.
XAUUSD (GOLD/USD) – SELL TRADE ANALYSIS 📉
🔻 SELL ZONE:
Entry recommended around 3368 level, where selling pressure is anticipated based on current resistance and price action signals.
Take Profit Targets:
TP1: 3365 – Initial intraday target
TP2: 3360 – Key minor support
TP3: 3355 – Short-term structural support
TP4: 3350 – Deeper correction level
TP5: 3345 – Final target for extended bearish move
🛑 Stop Loss:
SL: 3378 – Placed above the resistance zone to protect against upside breakout
NZD/USD Buy Opportunity at Channel Support (1H)📈 NZD/USD – Bullish Channel Setup (1H Timeframe)
Price action is currently moving within a clearly defined ascending channel. After a period of consolidation, the pair has been making higher highs and higher lows, respecting the structure of this bullish channel.
🔹 Trend Bias: Bullish (short-term) 🔹 Support Zone: Lower boundary of the channel (around 0.6020) 🔹 Resistance Zone: Upper boundary of the channel (around 0.6060) 🔹 Current Price: 0.60288 – sitting right above the channel’s midline and testing support
🔍 Analysis:
Price is respecting the ascending trendline and forming minor pullbacks along the way.
The current candle is testing the lower boundary of the channel, which could act as a potential bounce zone if bullish pressure continues.
If price holds above this trendline support, we could see another leg toward the channel top near 0.6060.
However, a break and close below the channel support could open the door for a deeper pullback toward 0.6000 or even 0.5980.
📌 Watchlist Setup:
Buy scenario: Look for bullish confirmation around 0.6020 – bullish engulfing or strong rejection wicks.
Sell scenario: Wait for a clear break and retest of the lower channel line for possible short entries.
🧠 Bias Caution: Always align this setup with your higher timeframe analysis (e.g., 4H or Daily) and watch for upcoming news events that could impact USD or NZD.
Bearish NFLXBearish Outlook on NFLX Despite Uptrend
While Netflix's stock has shown impressive growth- up 92%
over the past year and 37% year-to-date - I maintain a
bearish perspective due to several fundamental and technical
concerns:
1. Overvalued P/E Ratio:
Netflix is currently trading at a forward P/E ratio of
around 45x, significantly higher than many of its peers in
the streaming and tech sectors. This valuation implies
high expectations for future growth, which may not be
sustainable given rising competition and market
saturation. If growth slows even slightly, the stock could
face sharp corrections.
2. Intensifying Competition:
Free movie download sites and low-cost IPTV services
now offer broader content libraries at prices far below
Netflix's monthly subscription. These alternatives,
especially in emerging markets, pose a real threat to
Netflix's long-term subscriber growth.
3. Insider Selling Activity:
Key executives, including CFO Spencer Neumann and
Director Jay C. Hoag, have recently sold large amounts of
stock. While insider selling isn't always bearish, the
timing - near all-time highs - raises questions.
4. Analyst Price Target Hikes:
Recent bullish price target increases (e.g., Jefferies to
$1,400) could be interpreted as institutions looking to
exit positions by attracti ng buyers at higher levels,
especially after most short positions have been cleared.
5. Regulatory Risks:
Proposed U.S. tariffs on foreign film content could raise
costs for Netflix, forcing price hikes or reduced margins.
Technical Note:
Despite the uptrend, I remain cautious. My stop loss is tied to
the daily close. A break below key support on a closing basis
could confirm a reversal.
STM is looking at a strong bullish rebound to the upsideNYSE:STM has rebounded strongly and recent cup and handle formation has complete its 1st stage of confirmation, left only the breaking of its key resistance at 27.41.
The stock has also broken above the intermediate downtrend line which started since June 2024.
Bullish momentum from long to short-term is in tandem and as such, we are eyeing a target of 38.96 and 45.00.
GBPUSD InsightHello to all our subscribers!
Feel free to share your personal thoughts in the comments.
Please don't forget to boost and subscribe!
Key Points
- U.S. President Trump pressured Fed Chair Jerome Powell via Truth Social, saying, “Powell is acting too slowly and should cut rates.”
- The U.S. Services PMI for May came in at 49.9, signaling a contraction in the sector following a similar downturn in manufacturing.
- The Federal Reserve’s Beige Book, which evaluates regional economic activity, noted that “all districts reported elevated levels of economic and policy uncertainty, leading to hesitancy and caution in decision-making by businesses and households.”
- Bank of England Governor Andrew Bailey suggested that if inflation in the U.K. is seen falling below the 2% target, the central bank may pursue more aggressive rate cuts.
Key Economic Events This Week
+ June 5: ECB Interest Rate Decision
+ June 6: U.S. Non-Farm Payrolls (May), U.S. Unemployment Rate (May)
GBPUSD Chart Analysis
The pair is currently approaching resistance near the 1.36000 level. Future direction will largely depend on price action at this zone.
- A successful breakout above 1.36000 could open the path to a long-term rally toward 1.40000.
- Failure to break resistance may lead to a medium-to-long-term decline toward 1.32000.
2025-06-04 - priceactiontds - daily update - daxGood Evening and I hope you are well.
comment: When in doubt, zoom out. Market is leaving gaps below and daily bar closed at the high (at least for futures). Bulls will likely get another spike above 24430 to run the stops but I don’t know if they can get more. Buying above 24200 is there but lackluster but that’s still enough for the bulls because bears are not doing anything, so do not look for shorts. I think we are days away from the top but it’s a rough guess.
current market cycle: broad bull channel
key levels: 23700 - 24500
bull case: Bulls remain in control. There are making higher highs and higher lows. That’s all you need to understand about the current price action. Do not sell this unless you are really really good at reversals. The easy money is buying pullbacks. Do that until we make lower lows. Next targets are 24430 and then 24500.
Invalidation is below 24130.
bear case: Even if bears get below 24130, we have another trend line around 24000 and for now we can not expect bears to just appear. They will likely need an event or market has to spend more time building a credible top before we can reverse.
Invalidation is above 24550.
short term: Neutral. Bulls remain in full control but buying up here is just too easy to get trapped and I will rather wait. 24500 is the next obvious target. I think it’s more likely we are in a trading range 23700 -24500 than getting another strong move above 24500.
medium-long term from 2025-05-25: My rough guess from early May was down over the summer and up into year end. POTUS certainly helped with the 50% tariffs. I need to see market reaction next week and if there is no 180° reversal until Friday, they will become reality the week after and dax should do 20-30% down over the next months. Markets were not positioned for any risk what so ever. Now we got the atomic trade bomb.
trade of the day: Long overnight or EU session for 24400. The short from 24371 was not obvious nor easy to take. Also went much further than I expected it to go. Buying the double bottom 24160 was the second best trade. Market found not acceptance below the 1h 20ema and it was also the Globex low.
NIFTY SMALLCAP250 - LONG SET-UP (2025-26 Target)NSE:NIFTYSMLCAP250
📊𝐂𝐡𝐚𝐫𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 – 𝐍𝐢𝐟𝐭𝐲 𝐒𝐦𝐚𝐥𝐥𝐂𝐚𝐩 𝟐𝟓𝟎 (𝐌𝐨𝐧𝐭𝐡𝐥𝐲 𝐓𝐅)
The index is approaching a crucial resistance zone between 20,045 – 20,795, projected to be tested around 2025–26. This area aligns with the previous bullish expansion's Fibonacci extension and also shows a 21.13% upside move from current levels—highlighting a final exhaustion zone before a potential reversal
The marked red zone (similar to the 2021-22 range) suggests a possible distribution phase or topping structure. If price faces rejection there, a corrective wave could follow—targeting the 14,450 level, which coincides with the trendline retest and a high-volume area
𝐊𝐞𝐲 𝐒𝐮𝐩𝐩𝐨𝐫𝐭 𝐙𝐨𝐧𝐞𝐬:
14,450 – Trendline + structure confluence
13,292.60 – Prior base and horizontal support
10,495.85 – Major long-term demand zone
💡 𝐄𝐱𝐭𝐫𝐚 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬
You’ve rightly anticipated a multi-leg rally followed by correction—smart play on cycles and exhaustion
Watch for volume divergence or momentum slowdown (RSI, MACD) near the 20.8K mark as confirmation
This wave could be the last leg (Wave 5) in Elliott structure, after which a larger ABC correction is possible
If 14,450 breaks, it could trigger a steeper correction—possibly toward the 10.5K demand zone, offering long-term entries
ETH/BTC bottom is in. Time for Altseason!I believe that we are about to finally see Ethereum pump above $3,000 to allow the 5 Billion $ FTX refunds to flow into the market. The MMs are likely to cause a breakout on ETH above $3,000 to give retail confidence in deploying their FTX refunds.
We have a HTF falling wedge that is technically a bullish pattern and we bounce from the monthly demand zone with strength. Im a bulliever
BTC: Maintaining Strength Bitcoin continues to hover around the $105,000 level. In line with the primary scenario, we expect the advance in green wave B to extend toward the upper blue Target Zone between $117,553 and $130,891. This zone can be used to lock in partial gains or establish hedges via short positions. From there, a corrective wave C is likely to follow, driving prices lower into the blue Target Zone between $62,395 and $51,323 — marking the end of the larger wave a. A corrective bounce should unfold next, ahead of the final selloff completing blue wave (ii). The alternative scenario, with a 30% probability, envisions a breakout above $130,891 and the establishment of a new high as part of blue wave alt.(i).
📈 Over 190 precise analyses, clear entry points, and defined Target Zones - that's what we do.
OIL#OIL is showing signs of heading lower 📉
That’s a win for summer travel, home upgrades, and manufacturing before Q3.
Cheaper oil = lower inflation pressure ➡️ more $$ in consumers’ pockets.
Watch how this shift might boost spending and keep markets moving.
#Commodities #Economy #Inflation #SummerTrades
ASML Analysis - Short/mid-term outlook & trade ideasNot as clear of an opportunity as we had last time when we nailed those 100+ point trades. Check out those videos (linked below) to see the power of the algorithms!
But here, we can see a nice roadmap toward HTF intentional liquidity and what we need to see in order to get there.
Happy Trading :)