PIRAMAL ENTERPRISES LTDThis is the Weekly Chart of PEL !!
PEl is moving in an Ascending Channel pattern on the weekly chart.
PEL is following a HH–HL structure in the channel in Daily chart support at 1040-1050 range, confirming a bullish trend continuation.
Based on historical price behavior, the stock has
previously delivered a 74% return from its swing low, reaching the 1500–1520 range.
Thank You!!
Ascending Channel
GOLD → Correction to liquidity before growthFX:XAUUSD is in the realization phase after exiting the “symmetrical triangle” consolidation. The price is supported by the trend and a complex fundamental background.
Gold is retreating from its peak, remaining below risk support. The price of gold is falling moderately from $3,392, awaiting data on JOLTS job openings in the US.
Gold is supported by trade and geopolitical risks: Trump doubled tariffs on metals, increasing pressure on the dollar. The conflict with China has escalated due to allegations of violations of agreements.
Focus on US employment: Strong data could support the dollar and limit gold's gains, but the technical picture remains bullish.
Resistance levels: 3365, 3391, 3409
Support levels: 3345, 3323
Against the backdrop of a rising dollar, gold may test deeper liquidity zones, such as 3345 and 3330. However, if trading forms between 3365 and 3345, followed by a retest of resistance and consolidation above 3365, this could trigger an early rise to 3391-3409.
Best regards, R. Linda!
AAVEUSDT → A false breakdown provokes a change of characterBINANCE:AAVEUSDT.P maintains a bullish market structure. The coin is consolidating, with bulls trying to hold their ground above the key support line.
Against the backdrop of a correction, the price is testing liquidity, with a false breakdown of support provoking a change in character to bullish within the local timeframe. Bulls are trying to maintain the bullish structure.
The price is breaking through the resistance of local consolidation, forming a change in character, but before growth, the market may close the gestalt in the form of an order block or liquidity located in the 249.5 zone.
Support levels: 249.11, 240.0
Resistance levels: 274.27, 280.47
Technically, the coin looks quite good and promising overall. If the bulls hold their ground in the 249-250 zone, then in the short to medium term, we could see good movement with the possibility of new highs...
Best regards, R. Linda!
EURUSD Follow Ascending channel bullish strong from supportFX:EURUSD Technical Outlook – 1H Time Frame
✨ By Livia
FX:EURUSD has been respecting a strong ascending channel, demonstrating bullish momentum from the key support level at 1.12600. Price action continues to make higher highs and higher lows, confirming buyer control within the current structure.
📈 Key Highlight:
The pair is steadily approaching the 1.14000 level, a notable supply zone where previous selling pressure emerged. This level marks the next potential target for bulls, with possible resistance or profit-taking interest around that area.
💡 Outlook:
As long as price remains above the midline of the channel and holds above 1.12600, the bullish bias remains intact. Watch for potential consolidation or reaction at 1.14000.
GOLD → Correction after distribution. Bullish trendFX:XAUUSD is testing the liquidity zone at 3350 and forming a false breakout of resistance within the uptrend. A correction is possible before growth continues.
The fundamental background is quite controversial in the market. In the current situation, the focus is on relations between Russia and Ukraine, especially after the escalation that took place over the weekend. Everyone is watching the ongoing negotiations in Turkey. In addition, we should not forget about the situation with tariffs, which is still quite tense.
Gold has been rallying since the opening of the session and has reached the order block. A false breakout of resistance is forming, which could trigger a correction to the zone of interest. The dollar is hitting support, which could form a local correction before continuing its movement. This could also affect the price of gold, which remains bullish in the market.
Resistance levels: 3350, 3365, 3409
Support levels: 3303, 3264
The price has broken out of consolidation, with resistance tested and liquidity above 3350 realized. Relative to the current level, a correction is possible with the aim of retesting support before continuing to rise.
Best regards, R. Linda!
BITCOIN → Correction or trend reversal? Why is 101K important?BINANCE:BTCUSDT.P is exiting the upward channel after a false breakout of the key resistance level of 110K (previous ATH). Liquidation?
Quite an interesting situation with James Wynn. As they say, money loves silence, especially when it comes to a highly manipulated market... A week after the whale's actions, Trump decided to play the market again by creating emotional swings: he announced tariffs on the EU, canceled them, then made claims against China and is now ready to reintroduce tariffs on the EU. Things didn't end well with James... Liquidation before the rally?
On the weekly timeframe, Bitcoin is making a false breakout of the key resistance level of 110K. The phase and nature of the market are changing, the price is falling, breaking the structural support of 106500. The main question is where the stop and recovery will be. And will there be one...
After exiting consolidation and the upward channel, the price within the distribution is moving towards liquidity and the order block. I would not rush to say that this is a change in the global trend; the current data fits the “correction” format.
Support levels: 102000, 101400
Resistance levels: 106700, 108800
102-100K is a fairly important zone for the market; a breakout in this area could open the way to a (local) bottom. Bulls may not be able to hold the market, in which case a global sell-off could form. Therefore, I believe that retesting the 102000 level will end with a liquidity grab and a correction along the trend, during which the price may test the 106K - 108K level, which will determine the future of the market: consolidation, growth, or decline...
Best regards, R. Linda!
GOLD → Retest support before news...FX:XAUUSD is in a correction phase amid a rising dollar. The price is heading towards the liquidity zone, which may support gold. Markets are awaiting PCE data...
Gold is back in the red: PCE inflation and tariff news will decide everything. On Friday morning, gold fell, retreating from its recent rebound from weekly lows of around $3245. The price is under pressure from the strengthening US dollar, which was supported by court rulings on Trump's tariffs, but the situation around tariffs remains tense on all sides...
The focus is on PCE inflation data. A weaker result could weaken the dollar and support gold. Traders remain cautious in anticipation of volatility.
Support levels: 3282, 3270, 3260
Resistance levels: 3325
A retest of 3282-3270 could end in a false breakdown, but only if the fundamental backdrop is against the dollar, which would only support the price of gold. The price is most likely to be stopped by trend support, but no one can rule out the fundamental factor of surprise...
As a target, during a bullish impulse, it is worth considering intermediate highs...
Best regards, R. Linda!
USDCAD Makes Retest At 200 EMA After Bull Trap BreakoutOANDA:USDCAD here on the 1Hr Chart has printed an Ascending Channel and Bears have made a Breakout!
Price currently looks to be on its way to retesting the Breakout of the Channel with the 200 EMA and Upper Bollinger Bands sitting at the Rising Support adding some heavy Bearish Pressure.
Fundamentally, BOC will be releasing GDP m/m ( Gross Domestic Product ) numbers tomorrow morning at 0730 AM CST with analysts forecasting a .3% Increase at .1% with Previous being -0.2%.
$BTC Hits Key Support Will the Bulls Defend?Bitcoin2025 is currently testing a key support zone at $104,800, where the ascending trendline and horizontal support intersect.
This level is crucial, holding here could trigger a bounce back toward the $117K–$121K zone within the rising channel.
However, a breakdown below this support may lead to a drop toward the $101K fair value gap or even lower supports around $97K and $88K.
BTC is at a decision point.
Watch this level closely for the next move.
DYRO, NFA
GBPUSD - SO MANY BULLISH SIGNS ! confirmed TPs HIT GBPUSD- Market is moving in a Bullish Channel since long. Market has formed Bullish continuation pattern and that's how we can predict a projection of TPs which is also well within a channel. Market has also retraced and bounced back from the FIB LEVEL of 0.382 which is also a good support level followed by the 3 white soldiers pattern.
ENTRY POINT & STOPLOSS with TPs :
we plan entry on the break out of resistance level (market has instant entry point) which is break of HH and keeping our SL below the HL / FIB 0.382 level or the resistance level.
GOLD → False breakdown and support from the falling DXYFX:XAUUSD , as part of a correction, confirms the upward trend line and returns to the consolidation (range), making a false breakdown of support amid the dollar's correction...
The US dollar remains stable thanks to the Fed's hawkish minutes and the court's decision to block Trump's tariffs. Investors are waiting for Friday's inflation data (PCE), which could weaken the dollar and give gold a chance to rebound. Additional influence will come from US GDP data, jobless claims, and geopolitical news.
On D1, gold is rebounding from strong support and heading towards resistance at the rising trend line. If economic risks remain high, gold could continue its rally despite conflicting bearish patterns...
Resistance levels: 3300, 3310, 3325
Support levels: 3290, 3285, 3265
Gold is forming a false breakdown of support at 3265 as part of a correction and confirming the lower boundary of the upward channel. Consolidation above 3280 will confirm that bulls are holding the market amid high economic risks. Gold may test 3300-3310 and form a correction before continuing its growth towards 3325.
Best regards, R. Linda!
DOGEUSDT → Long squeeze before growth?BINANCE:DOGEUSDT.P is consolidating. A range with clear boundaries has formed. Before a possible breakout, a liquidation (false breakdown) may form
On D1, the structure is quite positive. Earlier, the price tested the downward resistance, but there was no reaction (fall) as such. Instead, the price is consolidating within the range of 0.211 (0.205) - 0.23 - 0.253.
Bitcoin, like the entire crypto market, is consolidating within fairly clear boundaries. Based on the current situation, it would be logical to wait for one part of the market to be liquidated before the price can move in either direction. Based on the bullish market, there may be a retest of support in the form of a false break...
Resistance levels: 0.2308, 0.253
Support levels: 0.213, 0.2116, 0.205
DOGE is consolidating with a focus on the 0.23–0.211 range. Against the backdrop of a bullish trend, a liquidation (long squeeze) relative to the lower boundary of the 0.23–0.205 range is possible before growth continues. A false break of support and liquidity capture would be useful maneuvers before implementation. However, if the market is aggressive enough and resistance at 0.23 is broken with subsequent consolidation above this level, it could trigger premature growth.
Best regards, R. Linda!
GBPJPY Ascending channel breakdown selling from supply zone📉 GBPJPY Analysis – 4H Timeframe
by Livia 😜
We’ve seen GBPJPY break below the ascending channel, confirming downside momentum. Price has already completed a textbook retest of the supply zone around 196.000, showing strong rejection.
🟢 Sell Entry Activated: 195.800
This level aligns perfectly with the breakdown structure and prior support turned resistance.
🎯 Technical Targets:
1️⃣ First Target – 192.600 (key structural support)
2️⃣ Second Target – 190.600 (major swing low & potential demand area)
🔍 Outlook:
Bias remains bearish while price holds below 196.200. Expect increased volatility near 193.000 but momentum favors continued downside.
Risk wisely, trade smart.
Let’s ride this wave 🌊
#GBPJPY #ForexTrading #PriceAction #TechnicalAnalysis #LiviaTrades
GOLD → Consolidation ahead of news. Retest of resistanceFX:XAUUSD remained above the key support level of 3280 and is testing intermediate resistance. Against the backdrop of the dollar's decline, the metal has a chance to continue its growth...
Gold is trading in consolidation ahead of the Fed meeting minutes. Easing trade risks and the dollar's recovery triggered a correction from the recent peak of $3366. Against the backdrop of the dollar's correction, the metal is entering a phase of local rally and testing resistance at 0.5f
The Fed is maintaining a cautious tone, and the market is waiting for signals on interest rates. The escalation of the conflict in Ukraine and the threat of new sanctions from Trump did not cause significant concern in the markets. Investors are waiting for drivers
Resistance levels: 3322, 3348, 3363
Support levels: 3290, 3282, 3265
A small correction may form from 3322 before growth continues. The market is interested in liquidity in the 3348-3363 zone, and the price is likely to test this zone. However, further developments depend on the fundamental background. Rising economic risks or hints of interest rate cuts could support the price of gold.
Best regards, R. Linda!
GOLD → Correction before possible growthFX:XAUUSD entered a liquidation phase (rally) within the trading range at the opening of the session. The dollar's rise is to blame. The focus is on supporting consolidation...
Investors remain interested in gold as a safe haven asset amid geopolitical risks and declining demand for US assets.
The key drivers remain news about tax reform in the US, trade negotiations, and upcoming macro data.
Gold is consolidating, but since the opening of the session, the price has been heading towards support. Against the backdrop of an upward trend, a trigger for bearish liquidity is likely to form before growth.
Against the backdrop of the dollar's growth, gold is entering a correction phase. At the moment, all attention is on support and the liquidity zone of 3265. A false breakdown will trigger a price buyback.
Resistance levels: 3322
Support levels: 3282, 3265
Since the price is still within the range and a countertrend correction is forming in the market, in our case, it is worth considering an intraband trading strategy. A false breakdown of support could trigger growth to intermediate resistance or to the upper border of the channel.
Best regards, R. Linda!
NZDUSD higher falls expecting
OANDA:NZDUSD ASCENDING CHANNEL visible, we are have break of same on 23.5, price is start pushing but on first res zone (0.60200), price is start making reverse.
Currently again in ASCENDING CHANNEL expectations for this week are to see break and bearish push.
SUP zone: 0.59800
RES zone: 0.58450, 0.58200
GOLD → Consolidation. Retest of support before growthFX:XAUUSD is strengthening due to a complex fundamental backdrop. A false break of support at 3285 allows the price to update its local high to 3365.
Gold fell moderately from a high of $3365 amid weak activity due to holidays in the US, despite the weak dollar. Investors are taking profits ahead of US inflation data.
Pressure is also linked to hopes for a trade agreement between the US and Japan. However, the decline in prices is limited — geopolitical tensions, US budget problems, and instability in the Middle East are keeping demand for gold as a safe-haven asset.
Support levels: 3321, 3308, 3300
Resistance levels: 3363
Technically, gold is making a false breakout of consolidation resistance and is entering a correction phase, during which the price may test liquidity below 3320-3303 before continuing to rise.
Best regards, R. Linda!
XMRUSDT broke resistance, waiting for consolidation XMRUSDT is consolidating against the background of an upward (bullish) trend. The coin reacted weakly to yesterday's bitcoin pullback and is testing consolidation resistance with the aim of continuing growth
Scenario: at the moment the price makes a breakout of 401.65. Consolidation of the price above the level will confirm the intentions of buyers to go to the intermediate target of 440.0. Price consolidation above the consolidation will strengthen buying, which may trigger growth
AU Bulls Make A Break For Higher Prices! Time To Long??OANDA:AUDUSD has practically been caught in an Ascending Channel for most of this year but that might not be for "Long"!
A few key things to point out:
- Early April delivered a False Breakout where Price reached the Previous 5 Year Low @ .5980 and was immediately sent back up into the Channel! (Liquidity Sweep??)
- Most of the Price Action that's occurred in this range has been contained to the Upper Chamber of the Channel between the Rising Resistance and Linear Regression.
- Price Consolidated tightly into a Pennant Pattern underneath the Rising Resistance for the past few weeks before delivering a Bullish Break just earlier this evening.
If Bulls are able to sustain Price outside the Channel, this could generate potential Long Opportunities on the Retest of the Break of the Ascending Channel!
Once a Breakout is validated and Retest is successful, the Price Target would be the Next Swing High @ .66875 where Bears were able to push Price down last.
Fundamentally, RBA will be releasing CPI y/y numbers on Tuesday, May 27th with analysts forecasting a .1% Decrease in Inflation from 2.4% to 2.3% after last week having made a 25 basis point rate cut from 4.1% to 3.85%.
KRDI Egypt is expected to target 0.750 after crossing 0.608Daily chart,
The stock EGX:KRDI is rebounding to enter the rising channel. Once above the rising trend line (around 0.607), the target will be 0.750 to 0.760 passing through resistance level at 0.658
Technical indicators:
RSI: positive
MACD: About to cross up the signal line
Entry (buy) can be made now at 0.590 - 0.597, and consider a stop loss below 0.580
Safer to enter above 0.608 after the breakout (crossing up) confirmation.
Gold will continue to rise after a false breakdown The price is trying to consolidate above the key support zone 3290 - 3300. As part of the correction, gold makes a false breakdown and the market starts to show a bullish reaction.
The only confusing thing is the coming news. If the buyers are able to keep the price above 3300, the gold will surely continue its upward trend
Scenario: price consolidation above 3300 after a false breakdown of support will be a good signal for a swing impulse towards the intermediate high of 3345.
GOLD → Consolidation amid a bullish trendFX:XAUUSD is trading in consolidation. As expected, the retest of the 3290 support level will end with a strengthening. The price is heading towards the resistance of the range.
The dollar is falling, which is supporting gold. The local trend is set by the fundamental background. The price of gold is strengthening and heading towards the resistance of the trading range, with the zone of interest being the liquidity located above 3346. The fundamental background is on the buyers' side, but since today is Friday, there is no strong news and the market is unlikely to seek a breakout from consolidation due to the lack of a driver. Thus, we can expect a correction from resistance before growth resumes, which may form next week.
Resistance levels: 3346, 3360
Support levels: 3308, 3290, 3282
Consolidation after the break of the local downtrend amid a falling dollar means that bulls are building up potential before a possible continuation of growth. But at the moment, an intraday trading strategy can be considered.
Best regards, R. Linda!