Get started

Candlestick Analysis

Wajani Investments: BCHUSDPair has formed invest neck and shoulder (same formation as XRP). A bullish wedge is also indicated on the chart. In addition, the market tested a very strong resistance become support level or zone. All these indicators point to a bullish move. NB: Always check your entries and make necessary adjustments. Let me know your thoughts. Please let me your thoughts. In addition, I'm trying to build followers so if you like my ideas, don't forget to like and follow for more updates. Thank you.
CRYPTO:BCHUSDLong
by racyrace
GBPJPY: More Growth Ahead?! 🇬🇧🇯🇵 For some unknown reason, I received a lot of requests from the members of my free channels to share my thoughts about GBPJPY. Well, from a daily time frame perspective, the pair still looks bullish to me. I do believe that the market has unrealized potential to go higher. A bullish breakout of a neckline of a huge inverted head & shoulders pattern was a very bullish event. It now turned into a strong support from where I will look for buying. The closest resistance is 191.95. It will most likely be the next goal for the buyers. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by VasilyTrader
1
Nifty Analysis EOD - 28th April 2025🟢 Nifty Analysis EOD - 28th April 2025 🔴 Nifty almost retraced 25th April’s fall — Back to Square One... What Next? 📈 Market Summary Nifty almost retraced 25th April’s fall — Back to Square One... What Next? As highlighted in previous sessions, the 24,330 ~ 24,360 zone once again proved to be a crucial resistance. Today, along with the past three sessions, we observed Nifty struggling to breach this wall — a fact clearly visible on the 75-minute time frame chart. Now the big question: ➡️ Tomorrow, can Nifty decisively breach 24,365 and sprint towards 24,500? Well, time will answer, but we must stay prepared for moves on either side. Intraday Walk: Nifty opened with a gap-up above the psychological 24,000 level at 24,070. With a slow yet steady bullish pace, it hit a high of 24,355. After touching this critical resistance, it spent almost 2 hours consolidating in the same zone. Finally, it closed at 24,312, defending most of its intraday gains — a strong show of resilience by the bulls. 🕯 Daily Candle Structure Today's Candle: 🟢 Strong Bullish Candle (Almost a Marubozu) Open: 24,070.25 High: 24,355.10 Low: 24,054.05 Close: 24,328.50 Change: +289.15 points (+1.20%) Key Observations: The session opened slightly above yesterday’s close and dipped just marginally. Buyers took charge from the very beginning, consistently pushing the index higher. Close near the day's high signals robust bullish momentum. The candle has a tiny lower shadow and minimal upper shadow, indicating persistent buying throughout the day. What It Implies: Clear bull dominance. Willingness among buyers to step up even at higher levels. If external cues remain supportive, momentum could continue into the next session. 🛡 Gladiator Strategy Update ATR: 344.11 IB Range: 182.1 (Medium IB) Market Structure: Balanced Trade Highlights: 1st Trade: Long Entry triggered at 10:05 AM — SL Hit 2nd Trade: Long Entry triggered at 11:25 AM — 1:2 Target Achieved Additional Trade (Discretionary Contra): Short Entry at 14:15 PM — 1:1.4 Target Achieved 🧾 Index Performance Snapshot Nifty 50: +289 Points (+1.20%) Bank Nifty: +768 Points (+1.41%) Nifty 500: +254 Points (+1.16%) Midcap: +870 Points (+1.62%) Smallcap: +130 Points (+0.78%) 📍 Key Levels to Watch Resistance Zones: 🔹 24,330 ~ 24,360 (Immediate hurdle) 🔹 24,480 ~ 24,540 (24,500 psychological level inside this zone) 🔹 24,800 Support Zones: 🔹 24,190 ~ 24,225 (Immediate support) 🔹 24,120 🔹 24,050 🔹 24,000 ~ 23,950 🔹 23,820 🔹 23,710 ~ 23,660 🔹 23,500 🔹 23,410 ~ 23,370 🔹 23,215 🎯 Final Thoughts "Structure is key. When levels work, respect them. When they break, adapt." The current structure indicates bulls have made a strong comeback, but remember — 24,330 ~ 24,360 remains the battleground. Only a decisive breakout above can ignite a rally towards 24,500+. Otherwise, we stay watchful for possible reversals. Stay sharp, stay prepared! ✏️ Disclaimer ✏️ This is just my personal viewpoint. Always consult your financial advisor before taking any action.
NSE:NIFTY
by kzatakia
US 500 Index – How Far Can the Recovery Extend?The upside recovery in the US 500 index continued last week, adding nearly 5% to close at 5523 on Friday, a 1 month high, as weak short positions continued to be squeezed out by a combination of factors, including signs that US/China trade relations may be starting to thaw out, President Trump pulling back on his initial commentary challenging Federal Reserve independence and more positive Alphabet earnings. Now, looking forward to the week ahead, traders trying to work out where the index may move next face a number of scheduled economic data updates to digest and then react to, which will provide a health check on the US economy and labour market, while also showing the impact of President Trump's tariffs on US inflation. These include, * Tuesday 1500 BST US Consumer Confidence * Wednesday 1330 BST US Preliminary Q1 GDP, * Wednesday 1500 BST US PCE Index (Fed's preferred inflation gauge) * Thursday 1500 BST ISM Manufacturing PMI Survey * Friday 1330 BST US Non-farm Payrolls Not only that, 4 of the Magnificent Seven companies also report earnings, with Microsoft and Meta results due after the close on Wednesday and Amazon and Apple due after the close on Thursday. The outcome of all these events, plus trade war/tariff updates may well determine if the rally has already run its course, or has further to go. Technical Update: Is the Break of Mid-Point (50%) Fibonacci Resistance Important? Last week was a positive one for the US 500 index, as an 8.5% rally developed from Monday’s session low at 5095 into Friday’s high at 5530. This of course comes after what was an aggressive liquidation of assets into the April lows at 4799 (April 7th), and some may now be asking if this could be a sign of further attempts at price strength. Much will of course depend on future market sentiment and price trends, but last week’s strength did see a closing break above the 5474 level, which is equal to the 50% Fibonacci retracement of the February to April 2025 price weakness. This upside move may leave traders looking at the possibilities of further attempts at price strength this week and wondering where the next resistance levels may now stand. Potential Resistance Levels: A closing break of a 50% retracement while not a guarantee of further price strength, can suggest risks to higher levels and 5635, which is the higher 62% Fibonacci retracement could be the next resistance level to monitor. If a further phase of price strength is to materialise, traders might now focus on closing defense of this 5635 resistance, with breaks higher possibly opening up potential tests of 5788, which marks the March 25th session high. Potential Support Levels: Of course, as we have said, the latest breaks of the 50% retracement resistance are not a sure sign of continued price strength. So, with that in mind, lets look at possible support levels that if broken, might point to the potential of downside pressure. The 38.2% Fibonacci retracement of last weeks rally stands at 5364, so even if the new week starts with a price setback, this level may need to be broken on a closing basis to suggest risks of further price declines. Such breaks lower could then point to a deeper decline and retracement towards 5313, the 50% level, even 5262, which is equal to the 62% retracement. The material provided here has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients. Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
PEPPERSTONE:US500
by Pepperstone
EurUsd- Pay attention to 1.1310Recap: As discussed in last week's update, EURUSD bulls started losing momentum, and a correction became likely. Current situation: • The move from 1.1400 to 1.1577 appears to have been a blow-off top. • Price is now stuck in the middle of the range, showing signs of weakness. Key level to watch: • 1.1310 is critical support. • A confirmed break below could open the path toward the 1.1100 area. Trading plan: ➡️ I am closely monitoring the 1.1310 zone for a potential breakdown and continuation lower. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Short
by Mihai_Iacob
2
EURNZD strong daily demand level at 1.89. Long biasSupply and demand imbalances are the driving forces behind price movements in the Forex market. By identifying these key zones or imbalances, traders can anticipate high-probability reversal or continuation setups. Today, we’ll analyze the EURNZD cross pair, which has recently formed a strong demand imbalance at $1.89—the most significant impulse in months. The Power of Supply & Demand Imbalances Supply and demand trading revolves around identifying areas where price has made a strong, impulsive move (demand or supply zone) and then waiting for a retracement into that zone for a potential reversal or continuation. Key Characteristics of a Strong Imbalance: ✅ Extended Range Candles (ERC): Strong, wide-bodied candles indicate institutional buying/selling. ✅ Strong Imbalance: A clear shift in market structure after a strong rally or drop. ✅ Fresh Zone: The imbalance has not been tested yet or has only been tested once.
by AlfonsoMoreno
Long trade Trade Overview: NZDUSD – Long Position (Trade 1) & 2 Entry Price: 0.59545 Take Profit: 0.60138 (+1.00%) Stop Loss: 0.59391 (–0.26%) Risk-Reward Ratio (RR): 3.85 🕕 Entry Time: 6:00 PM (NY Time) 📅 Date: Wednesday, 23rd April 2025 🌍 Session: New York to Tokyo Overlap (PM) ⏱ Entry Timeframe: 5-Minute TF Reasoning Narrative Price action on NZDUSD leading into the New York close suggested bullish intent, as price had formed a higher low within a broader 1h bullish structure.
Long
by davidjulien369
Russell 2000: Signs of Topping as Macro Risks LoomRussell 2000 futures look sluggish heading into a week laden with macro risk events. Given the cyclical characteristics of the underlying index, any hint of weakness may amplify U.S. recession fears, increasing the risk of renewed downside for stocks. Sitting within what resembles a rising wedge and with a possible evening star pattern forming, the risk of a resumption of the broader bearish trend is arguably growing. While bearish momentum has weakened recently, the uptrend in RSI (14) and MACD also appears to be topping out. A break and close beneath 1917 would generate a setup where bearish positions could be established with a stop above the level for protection. The April 21 low of 1831 screens as a potential target. A break of that would open the door for a run towards the double bottom of 1712 set in early April. On the topside, a break and close above 1994.8 would invalidate the bearish bias. Good luck! DS
CME_MINI:RTY1!Short
by FOREXcom
EURCHF: Pullback From Support 🇪🇺🇨🇭 There is a high chance that EURCHF will bounce from a recently broken horizontal resistance. After a breakout, it turned into support with a high probability. As a confirmation signal, I see a tiny cup & handle pattern on an hourly time frame and intraday bullish imbalance. Goal - 0.9422 ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by VasilyTrader
1
If the price enter these red-marked zones!Gold Market Analysis (Engulfing & Zone-Based Strategy) This analysis is based on a straightforward zone-trading method using engulfing patterns and filtered key levels. The marked zones on the chart highlight high-probability trading areas. Red Zones (Sell Areas): If the price enters these red-marked zones, we look for bearish confirmation to enter sell trades. These zones are derived from the 4H timeframe, making them more reliable. If the market reacts from here, you can target around 60–80 pips in profit. A second sell zone offers potential for a larger move—up to 150+ pips—if the price respects it. Green Zones (Buy Areas): If the price drops and enters the green-marked zone, it’s a signal to look for buy setups. This area may deliver a strong bounce, potentially yielding 100+ pips. There’s no need for complicated patterns or indicators—just follow the zones. If the price hits a zone and shows confirmation, you trade it. Trade at your own risk DYOR!!
OANDA:XAUUSD
by Peter_Wade
SHIBA INU NEXT BULLISH MOVEWe all have memory of shiba Inu...for the newbie do your research, SHIB coin is worth investing the first bull run occur from Mon 27 Sept 2021 to Mon 25 Oct 2021 you will notice big candles to show you how strong the buyers are from Mon 01 Nov 2021 to Mon 19 Feb 2024 you will see a bear run but watch the candlesticks they are not big candles and they are wicks, showing you that the bearish move are just manipulation in the market because buyers are present The dotted lines are market next drag of liquidities, that is where market will be pushing to next(Market love the wicks!!!) The Trend killer are what traders call order block but I call it Trend killer because understanding it is the key success to my trading skill aside general Price Action and others When market came close to the Trend killer it tested it but didn't not break it, the rule of the Trend killer is you will wait for it to break it and take trade from the retracement of the broken zone make sure no Trend Killer is formed on the retracement else you will wait to see how it will fight that one...you have to do your homework So that's the reason why first and second circle failed to break that zone So the zone in which my entry was, is a structure broken Mon 18 Dec 2023 so I decided to take the trade because of the daily bullish candle(9-Apr-2025) that engulf the daily bearish candle(8-Apr-2025) followed by a retracement on a Trend killer (10-Apr-2025) PS: Trade it on Spot Trade
Long
by TraderMikeR
NAS100 Bulls Rally – Eyes on 19,860 Resistance Zone!"The NAS100 is sustaining a strong bullish rally after reclaiming the 19,150 🔽 support zone. Price is trading firmly within a bullish structure, but still has some distance to reach the next key resistance at 19,860 🔼. Currently trading at 19,446, with Support at: 19,150 🔽, 18,500 🔽, 17,600 🔽 Resistance at: 19,860 🔼, 20,347 🔼 Bias: 🔼 Bullish: As long as price holds above 19,150, bulls remain in control. A breakout and retest above 19,860 could fuel a further move toward 20,347. 🔽 Bearish: A rejection from 19,860 or a break below 19,150 could trigger a decline toward 18,500. No breakout, no trade. 📛 Disclaimer: This is not financial advice. Trade at your own risk.
FOREXCOM:NAS100
by SPOT_FX
DXY Bears in Control ,Will 99.000 Hold or Will 97.600 Be Tested?The US Dollar Index (DXY) remains under strong bearish pressure after failing to reclaim the 100.000 🔼 resistance zone. Price is currently consolidating below 100.000, maintaining a clear bearish structure of lower highs and lower lows. Currently trading at 99.175, with Support at: 97.600 🔽 Resistance at: 100.000 🔼, 101.500 🔼, 102.812 🔼 Bias: 🔼 Bullish: A breakout and retest above 100.000 could open room for a move toward 101.500 and 102.812. 🔽 Bearish: As long as price stays below 100.000, sellers remain in control. A breakdown below 97.600 could trigger further downside. 📛 Disclaimer: This is not financial advice. Trade at your own risk.
CAPITALCOM:DXY
by SPOT_FX