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SWING IDEA - JK LAKSHMI CEMENT JK Lakshmi Cement , a key player in India’s cement sector under the JK Group showing strong technical confluence making this a swing-worthy setup. Reasons are listed below : Formation of a bullish engulfing candle on the weekly chart, indicating a potential trend reversal Strong support from the 50-week EMA , reinforcing medium-term trend strength Breakout from a consolidation range that lasted over a year, suggesting renewed momentum Inverse Head & Shoulders breakout , a classic bullish pattern Target - 1000 Stoploss - weekly close below 795 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:JKLAKSHMILong
by Visionary_Growth_Insights
6
XAUUSD 4H – Full Technical & Fundamental Deep Dive🔷 Chart Structure & Trendlines Since early June, gold has formed a clean descending channel on the 4‑hour chart. Each bounce and rejection has respected these channel edges, which reflect consistent lower highs and lower lows. A long-term ascending trendline (from late March lows) was recently broken. This broken support has now flipped into resistance, and price is currently retesting it. The intersection of the descending channel’s top, the trendline resistance, and the 200 EMA creates a major triple-confluence zone—a classic area of institutional interest. 🔷200 EMA The 200 EMA on the 4H chart is acting as dynamic overhead resistance, which price is currently testing. Historically, during bearish regime, retests of the 200 EMA from below often trigger strong rejections. If price breaks above and holds, it would mark a significant shift in market sentiment. If rejected, it adds weight to the bearish trend. 🔷Fair Value Gap (FVG) & Supply Order Blocks A Fair Value Gap (vicinity of $3,340–3,350) remains structurally unfilled from the previous breakdown. Price is now re-entering that FVG region—an area often used by smart money to target liquidity and trap retail traders. This is a logical zone for sell orders, as price frequently reacts where gaps exist. 🔷Volume Profile: High/Low Volume Nodes A High-Volume Node (HVN) sits around $3,360, where most sustained trading has occurred. This acts as a strong resistance/distribution area. The current zone ($3,330–3,340) is a low-volume pocket, meaning moves through here can be fast, but rejections are still frequently seen. Below, there's another HVN around $3,280–3,290—a logical demand area and intermediate target for retracement. 🔷Fundamental Perspective – This Week to Friday 🔸 U.S. Fed Outlook & Dollar Dynamics U.S. dollar is weak, with growing speculation on imminent Fed rate cuts, partly due to pressure from political sources Fed remains cautious—no July cut likely, more probable in September Persistent volatility in Fed messaging means gold remains in play as a hedge. 🔸 Geopolitical & Macro Drivers Geopolitical tensions (Middle East, trade) continue to add safe-haven support Central banks, especially Australia, are upping gold purchases—may add structural support 🔸 Market Sentiment & Investment Flows ETF inflows remain robust—global central bank demand offsetting retail weakness Some macro research houses expect sideways action into early July, with range likely between $3,200–3,350 🔸 Risks Ahead of Friday Watch for U.S. jobs data, Fed speakers, and geopolitical headlines—any surprise could spark sharp moves. If Fed hints at delays in rate cuts or geopolitical risk cools, gold could see a rapid reactive drop. 🔷🤔 Possible Scenarios into Friday ✅ Bearish Rejection Price fails to clear $3,340–$3,360 zone. A strong rejection candle retests $3,280–$3,290. Could accelerate down to $3,240 if momentum picks up. ⚠️ Bullish Breakout Clean, high-volume break above 200 EMA and $3,360 HVN. Likely continuation to $3,380–3,400, especially if supported by fundamentals (e.g., inflation, Fed dovish pivot). 🔷My Personal Bias into Friday Slight bearish lean due to triple resistance confluence. Fundamentals are mixed: Fed caution supports gold structurally but no immediate catalyst. I will monitor price action closely: a sharp rejection off the 200 EMA area would confirm suspicion; but a clean breakout would require reassessment.
FX:XAUUSDShort
by cryptobrat000
Patanjali Foods: A Potential Reversal Brewing Near Demand Zone?The price has now retraced back into a key value zone between 1,610 - 1,635, which has previously acted as a strong base. This zone also coincides with high volume activity on the visible range volume profile - suggesting accumulation interest. Technically, the stock is near the 0% Fibonacci extension with multiple confluences of past support and volume, forming a potential base. If this holds, look for retracement targets: • First bounce zone: ₹1,687 (50% Fib) • Further recovery: ₹1,745–₹1,775 (Fib 61.8–78.6%) Long-term: ₹1,861 (161.8% Fib extension), ₹2,016 (261.8%) Fundamentals Snapshot: • Market Cap: ~₹58,000 Cr • P/E: ~34x | P/B: ~3.8x • Promoter Holding: 80.82% (No pledging) • Debt-to-Equity: ~0.25 • ROCE: ~13.2% | ROE: ~10.4% • FII Holding: 3.6%, DII Holding: 6.3% Patanjali’s brand strength in edible oils, packaged foods, and growing FMCG integration offers secular demand visibility. The recent correction seems sentiment-driven, not structural. Keep in Focus: A decisive close above 1,660 could indicate a short-term reversal. This chart is for educational use only and not a buy/sell recommendation.
NSE:PATANJALILong
by iVishalPal
Bitcoin's Failed 60-Day Cycle: Relief Rally Before More DownsideBitcoin has officially failed its current 60-day cycle by breaking below the previous cycle low on June 5th, touching $100,000. This marks a key structural shift that traders should not ignore. 📉 What’s Next? Likely Scenario: The highest probability setup now is a relief rally toward the Stoch RSI highs on the 1-Day and 3-Day timeframes, followed by a move downward into the 60-day cycle low, projected to form between late July and early August. This aligns with a potential retest of the Value Area Low from April, a key support zone to watch. 📈 Upside Target: If we do see bullish continuation in the short term, the main upside target is $105,000. This level is significant as it clusters three Weekly Point of Control (POC) levels from May and June, making it a high-liquidity magnet for price. Historically, Bitcoin tends to gravitate toward these levels when several align closely. 💼 Current Positioning: I’m currently long BTC and ETH, and I’m watching closely for Stoch RSI to top out on the 1-Day and 3-Day timeframes. I’ll look to reduce or exit those positions as we approach those cycle peaks. 🔔 Pro Tip: Price often seeks out stacked POC levels. If you’re a volume profile trader, keep $105K on your radar. 📌 P.S. For access to my custom indicators and deeper cycle analysis, check the description in my profile.
BITSTAMP:BTCUSD
by TheStrategyMaster
BTC MACRO PLAY - SHORT TRADE SETUP📉 BTC/USDT SHORT TRADE SETUP – WEEKLY TIMEFRAME 🔍 Trade Idea Overview: We are seeing a bearish divergence between price and volume on the weekly chart — while price makes higher highs, volume is decreasing, signaling a potential reversal or weakening trend. Further confluence is seen with the VMC Cipher indicator. If a red dot prints, it will confirm the short entry. If not, the trade idea should be abandoned. 📊 Trade Plan: Entry Zone: Around $106,300–$107,000 (wait for confirmation) TP 1 🎯: $102,000 TP 2 🎯: $97,500 TP 3 🎯: $93,000 🛑 Risk Management: Stop-Loss: Above recent highs at $111,800 (or adjusted based on your entry) ⚠️ Disclaimer: Once TP 1 is reached, move stop-loss to breakeven to protect capital and eliminate risk. TP 3 may never be reached, but it remains part of the plan to capture extended downside if momentum continues. If no red dot prints, there is no confirmation — be ready to abandon the trade.
Short
by petermichalides
2
HYPE/USDT Technical Analysis (4H Chart)🔍 HYPE/USDT Technical Analysis (4H Chart) High Time Frame (Daily): Bullish Despite recent pullbacks, the overall trend remains bullish on the daily timeframe. However, current price action suggests a potential fakeout or legitimate breakdown, as we test key structural and volume-based supports. Short-Term Time Frame (4H): Bearish The 4-hour chart displays clear bearish pressure, confirmed by the Three Black Crows candlestick pattern. This signals sustained selling interest and supports the current downward move. 🧱 Key Zones Supply Zone: $41.7 – $45.9 Strong resistance marked by prior selling pressure and overlapping FVGs. Demand Zone: $24.4 – $26.3 Historical area of buying support, aligned with a low-volume node and an unfilled FVG. 📏 Fair Value Gaps (FVGs) Above Price: Four 4H FVGs act as upside inefficiencies, offering targets in a bullish recovery: ~$34.9 ~$36.6 ~$37.8 ~$40.0 (psychological level & POC cluster) Below Price: One major 4H FVG remains unfilled, directly above the demand zone. 📐 Fibonacci Analysis Price is testing the Golden Pocket (0.618–0.65) from the recent swing low to high. A clean break below this area (with confirmation) targets the unfilled FVG around $30, and potentially the demand zone ($24.4–$26.3). 📉 Volume Profile Insight Volume is clustered around $34–$37, indicating strong past market participation. Very low volume between $29–$30, creating a volume void — if price loses support at the FVG and golden pocket, it could rapidly drop into the demand zone. 🔻 OBV Analysis (Volume Momentum) OBV has broken below a larger rising wedge, confirming bearish divergence. A falling wedge is now forming within OBV. Break below this wedge: Confirms further price breakdown. Reclaim of the larger wedge trendline: Suggests potential bullish reversal. ✅ Trade Scenarios 🔺 Bullish Scenario Trigger: Bullish reversal pattern at the golden pocket (e.g., double bottom, falling wedge, inverse H&S) + OBV recovery. Entry: Upon confirmation around $32.5. Targets: $34.9 (FVG) $36.6 (FVG) $37.8 (FVG) $40.0 (psychological) Stop: Below $30 or recent swing low (tight below FVG). 🔻 Bearish Scenario Trigger : Confirmed breakdown of golden pocket & 4H FVG with OBV falling wedge breakdown. Entry : Below $32.5 with confirmation (e.g., retest or strong momentum candle). Targets: $30.0 (psychological level) $28.5 (FVG zone) $26.3 → $24.4 (Demand zone) Stop : Above golden pocket resistance (~$33.8–$34.2). 📝 Conclusion: The market is at a pivotal point. A confirmed break below $32.5 could accelerate selling due to the volume gap, while a strong bullish reaction from the golden pocket could drive a recovery toward $40. Always wait for confirmation before entering either scenario.
by King_BennyBag
6
ZETA: when a wedge isn’t just a wedge — it’s a launchpadTechnically, this setup is textbook clean. Price completed the fifth wave within a falling wedge and instantly reacted with a bullish breakout. The expected breakdown didn’t happen — instead, buyers stepped in, confirmed by rising volume. All EMAs are compressed at the bottom of the structure, signaling a clear shift in momentum. The volume profile shows strong accumulation around $14, while the area above current levels is a vacuum — ideal conditions for acceleration. The key resistance zone is $16.70–17.20 — former base highs and the 0.236 Fibonacci retracement. If price breaks this area with volume, the next stop is likely $24.48 (0.5 Fibo). Classical wedge targets land at $38.28 and $55.33 (1.272 and 1.618 extensions). If a trending leg begins, it could move fast — because there’s simply no supply overhead. Fundamentals: ZETA isn’t a profitable company yet, but it shows consistent revenue growth and aggressive expansion. Capitalization is rising, debt is manageable, and institutional interest has increased over recent quarters. In an environment where tech and AI are regaining momentum, ZETA could be a speculative second-tier breakout candidate. Tactical plan: — Entry: market or after a retest of $14.00–14.30 — First target: $17.20 — Main target: $24.48 — Continuation: $38.28+ — Stop: below $13.00 (bottom wedge boundary) When the market prints a wedge like this and the crowd ignores it — that’s often the best trap setup. Only this time, it’s not for retail buyers. It’s for the shorts. Because when a falling wedge breaks to the upside with volume — it’s time to buckle up.
NYSE:ZETALong
by TotoshkaTrades
5
CG Power and Industrial Solutions with Strong Bullish Flag SetupCG Power and Industrial Solutions just landed its largest-ever single order a 641 crore contract from Power Grid Corporation of India Ltd (PGCIL) for high-voltage transformers and reactors The company, now under the Murugappa Group, reported consolidated FY25 revenues of 9,909 crore. However, annual profit dipped to 972.98 crore from 1,427.61 crore in FY24, despite a strong Q4 showing with a 17% YoY rise in net profit to 274.26 crore. - Inverse Head & Shoulders Breakout: The stock recently broke out of an inverse H&S pattern, a classic bullish reversal signal, with strong volume confirmation. Holding above 690 could push it toward 750 TO 800. Support & Resistance Levels - Support: 663–679 demand zone - Resistance: 694, 704 and 712 Trend Summary - Short-Term: Neutral to bullish - Medium-Term: Bullish bias if it sustains above 690 - Volatility: Elevated, so expect sharp swings
NSE:CGPOWERLong
by ACHARTS3108
XAUUSD - High possibility of volatile market opening (20250616)Well, it is quite obvious we have a volatile geo-political crisis this weekend, so market may overreact once again to bring Gold to at least 3500 opening. Looking at volume, though Gold is in uncharted territory and it can be move as high as 3550 - 3600, I rather play for a quick profit. Hope later this Sunday, we can find some positive news that can at least hold the surge of Gold to minimum. Trade safe, Trade wisely. Monday will be a very volatile opening.
ICMARKETS:XAUUSDLong
by sharpie0319
1
$SSP Low volume on Wave 2, momentum risingFirstly, on the line chart is possible to watch the possible targets - blue lines - which one of it is almost as the same level as 2,618. Fibonacci measured from the breakout to monthly resistance. res M = monthly resistance During the Wave 2, the two candles from last two days showed low volume as usual to happen during formation of W2, and it is possible to see that price at the breakout and after it was above average which can be read as high interest from buyers. Confirming the volume, the EFI even though is decreasing still show strength,OBV follow the price trend but looks like buyers are entering again. When it comes to momentum is possible to see that RSI did not crossed the equilibrium even after two bearish days, as ROC being a leading indicator which already changed direction . ADX is showing some strength for the trend direction confirmed by as DMI+ is still above DMI- DTC = 1,36
NASDAQ:SSPLong
by AFCapital21
EURUSD shortThe Setup: 1. A-B: Strong impulsive drop on increasing volume → clear evidence of real selling pressure. 2. B-C: Pullback forms on decreasing volume → classic corrective behavior, not buyer aggression. 3. C-D: Entry just below point C as new volume confirms sellers stepping back in. 4. Targeting >3R with stop tucked above C — logical structure, clean invalidation. ✅ Volume confirms the trend ✅ Structure is tight, no randomness ✅ Timing aligns with volatility spike (news at the bottom?) ✅ Clear bearish continuation pattern what do you think of this a head of cpi?
Short
by theeOperator90
$ETH - Top DownBYBIT:ETHUSDT.P Top Down (10/06/25) V-Levels Bias Weekly = Bullish Daily - Bullish 10-Hour = Bullish 1-Hour = Bullish V-Levels Momentum Weekly = Bearish FA Daily = Neutral 10-Hour = Neutral 1-Hour = IB Range (Neutral) DeCode Market Breakdown Macro Context Weekly Chart Strong bullish MS, printing clean HHs and HLs. Price has rejected from the same V-Level multiple times. Rejections are paired with high relative volume and aggressive selling footprints → indicates strong passive interest above. This area is not ideal for aggressive long entries. Daily Chart Still in bullish structure, holding above key POCs and range lows. The Failed Auction at IB lows has added fuel for upside momentum. However, we’re trading right into a potential liquidity pocket just below resistance. Context calls for a wait-and-see approach: either clear breakout or rejection confirmation. Intraday Picture (10H & 1H) 10H Chart Still within an Inside Bar (IB) range. FA at range lows suggests momentum continues upward — but we are at the top of the range. Key risk: trap above range highs → ideal area for shorts if we get absorption and selling imbalance. 1H Chart Market is rotating inside the current IB range. No breakout confirmed yet. Best short setup: Rejection from IB Highs + Absorption on CVD / Footprint charts. Breakdown scenario: Short on range low breakdown with volume confirmation. Longs: Only valid if HTFs confirm breakout → then look for bullish retest or mid-retest entries. ⸻ Summary & Trade Plan Big Picture: Still bullish, but this isn’t the area to long blindly. Short Setup 1: Rejection from IB Highs with clear absorption + imbalance. Short Setup 2: Breakdown below IB Range Lows with volume follow-through. Long Setup: Wait for HTF confirmation of breakout. If confirmed → retest of prior resistance as support. Final Notes This is where traders get chopped. HTF resistance meets LTF momentum. Let price prove itself. Let volume confirm the move. No breakout = no long. No trap = no short.
Short
by BastDeCode
EURJPY Technical Breakdown (MMC Strategy) : Target Zone 🧠 Concept Focus: MMC – Mirror Market Concept The Mirror Market Concept (MMC) helps identify pattern inversions, price reflection zones, and structural symmetry that hint at upcoming market turns. This chart reflects a curve-based reversal logic rooted in smart money behavior, volume analysis, and pattern exhaustion. 📊 Technical Structure Breakdown 🔹 1. Volume Contraction + Breakout (June 6–7) Early signs of bullish pressure were detected with volume contraction, forming a tight range wedge/triangle. This is often a liquidity trap where weak hands sell into strength. Smart money absorbed sell-side liquidity before impulsively breaking out. This is a common MMC move: contract > trap > expand. 🔹 2. 50% Area Used – Smart Money Trap (June 9) After the breakout, price tapped into the 50% equilibrium zone of the previous major move. This level often acts as a liquidity sweep zone, ideal for smart money to unload or build counter positions. The rejection wick here confirms that institutional traders reacted at this level. 🔹 3. Curve Bending Pattern – Exhaustion in Play The market has now entered a curve bending phase, visible with the arching price movement. This signifies momentum exhaustion, where bullish attempts get weaker. Think of this curve like a mirror ceiling — as each high gets tapped, it bends, showing the market can't sustain higher levels. 🔹 4. Next Reversal Zone (Projected Target: ~164.150–164.200) Based on MMC symmetry and previous demand zones, the area highlighted as Next Reversal is a key structure zone. This is where we expect price to react — either bounce (for buyers) or break (for continuation shorts). A clean bounce here could mirror the earlier pattern in reverse, hence the Mirror Market Concept. 🔁 Summary of Market Psychology 🧲 Volume contraction signals manipulation. 🎯 50% zone rejection shows trap completion. 🪞 Curve bending shows buyers losing strength. 🔻 Price likely to drop into the reversal zone, completing the mirror leg. 🧩 What Traders Should Watch Indicator/Zone Notes 50% Area Used Smart Money Exit or Entry Trap Curve Bending Reversal Geometry (Momentum Exhaustion) Next Reversal Zone Smart Money Demand Zone (~164.150) Break Below 164.100 Confirms deeper bearish continuation 🎯 Trading Strategy Outlook 🔍 Short Bias: Look for confirmation (e.g., bearish engulfing, BOS on lower TFs) to enter shorts below curve zone. 🛑 Invalidation Level: Clean breakout above 165.500 would invalidate the mirror structure and shift to continuation long. 🎣 Reversal Scouting : If price respects the Next Reversal Zone, there could be a potential long scalp back into mid-range. 🧠 Educational Note: MMC in Action The Mirror Market Concept is powerful for intraday trading. It uses pattern reflection, liquidity logic, and price symmetry to forecast reversals before typical indicators catch up. If mastered, this concept can give early reversal entries and trap avoidance.
Short
by GoldMasterTrades
USDCAD Short Opportunity Description : USDCAD is setting up for a potential short — I’m watching closely for an upthrust into the highlighted zone to initiate the position. Here’s my current read: 🔍 Technical Breakdown: 1. Trendline Break Previous bullish trendline broken with conviction. Market structure now vulnerable to bearish continuation. 2. Volume Spike with Selling Pressure Notable increase in volume on bearish candles — suggests smart money exiting or early sellers stepping in. 3. Anticipating an Upthrust Watching for price to sweep the highs around 1.3695–1.3700, fail to sustain, and drop back inside range. This would provide a low-risk entry with tight stops above the highs and 5r+ down to 1.3652, possibly even lower. 📌 Trade Plan: Entry Zone: 1.3695–1.3700 (after upthrust confirmation) Stop: Above 1.3710 TP1: 1.3652 (structure low) TP2: 1.3600 (extended target if momentum builds) --- 🧠 Why This Setup? This aligns with key principles I trade: Trendline breaks often lead to retests followed by continuation. Rising volume on the break is confirmation, not noise. A failed breakout (upthrust) into previous supply zones is often the "last push" before price collapses. Let me know if you're seeing something different. This is how I’m planning to attack the chart today.
Short
by theeOperator90
Building Liquidity: What It Really Means🔵 Building Liquidity: What it really means Professional traders often need liquidity (buyers and sellers) to enter/exit large positions without moving the market too much. This means manipulating the market within a pre-determined range, which serves as the operating center for everything that follows. 🔹 How is liquidity built Price Ranging: Sideways consolidation before big moves attracts both buyers and sellers. False Breakouts (Stop hunts): Price may briefly break support/resistance to trigger retail stop-losses and fill institutional orders. News Timing: Pro traders often execute during or just before major news when volatility brings liquidity. 🔹 How can you spot a Liquidity-building zone 🔸 Volume Unusual spikes in volume: Often indicate institutional activity. Volume clusters at ranges or breakouts: Suggest accumulation/distribution zones. Volume with price divergence: Price rises but volume falls = possible exhaustion. Volume rises and price consolidates = potential accumulation. 🔸 Price Action Order Blocks / Imbalance zones: Sharp moves followed by consolidations are often pro trader footprints. Break of Structure (BoS): Institutions often reverse trends by breaking previous highs/lows. Liquidity sweeps: Price moves aggressively above resistance or below support then reverses = stop-loss hunting. 🔸 News Reaction Watch pre-news volume spikes. Look for contrarian moves after news — when price moves opposite to expected direction, it often reveals smart money traps. Analyze price stability post-news — slow movement shows absorption by pros. Wick traps and reversals around news events = stop hunting. 🔸 Narrative is Everything Higher timeframe trends show intent. Lower timeframes show execution zones. Look for alignment between timeframes in a specific direction. 🔹 Why do whales move the market in an orderly manner To fill large positions at optimal prices. To create liquidity where there is none. To trap retail on the wrong side of the move. To trap other whales on the wrong side of this move. To rebalance portfolios around economic cycles/news. 🔹 Professionals never forget what they've built When you track price, volume, and news, you’ll find specific bars that form areas that are the foundation for the short-term direction. This is pure VPA/VSA logic, the interplay of Price Analysis ,Volume Analysis and News, where each bar is not just a bar , but a clue in the story that professionals are writing. When you monitor volume, price, and news together and perform multi-timeframe analysis, it becomes clear what the whales are doing, and why. 🔹 From the chart above The market reached a weekly resistance level and then pulled back slightly after whales triggered the stop-losses of breakout traders. Prior to the breakout, whales had accumulated positions by creating a series of liquidity-rich buying zones on the daily timeframe. It's essential to understand the broader context before choosing to participate alongside them—whether you're planning to buy or sell. 🔴 Tips Use volume and price analysis together, not separately. Monitor any unusual volume bars before economic market news. Monitor news and volatility spikes to detect traps and entries. Combine this with liquidity zones (support/resistance clusters). Build a "narrative" per week: What is smart money trying to do? A smart trader understands the tactics whales use, and knows how to navigate around them.
COINBASE:BTCUSDEducation
by AlgoFuego
Adjustments for Better ReadingsMany traders rely on technical indicators to identify opportunities for profit—that's the whole point of this game. Whether it’s scalping, day trading, swing trading, or shorting the market, most trading decisions are based on indicator readings—be it a single indicator or a combination of several. But here’s the truth: not all traders truly understand what an indicator is. They don’t grasp its nature—let alone the fact that this nature can be adjusted. Those who don’t understand how or why an indicator works often find themselves in stressful and uncomfortable situations. It’s no coincidence that we often hear the common phrase: “Only 1% of all traders succeed, while 80% blow their accounts, and the remaining 19% barely break even.” Why? Because the elite traders understand something most don’t: Whether an indicator is leading or lagging, it can be customized to behave differently across different timeframes. These adjustments can be found in the settings section of every indicator. Let’s take the Relative Strength Index (RSI), which I’ve mentioned in previous ideas. Some of you may have noticed that my RSI plot looks different from yours. That’s because I don’t use the default 14-period RSI, which averages out the last 14 candles. RSI is naturally lagging by default—but that doesn’t mean it can’t be trusted. In fact, with the right adjustments, that lagging nature can become leading. Learn how to do this. Push yourself. Educate your mind. Master this, and you might just find yourself among the top 1%. Markets react to signals—signals that are often hidden in plain sight, created by the big players who always leave behind footprints. This is the trader’s true skill: seeing the whole picture. A good friend once told me: Be a detective. Now let’s go to the chart. We clearly see a bearish strength unfolding. Not only is the 9-period RSI plot trending below the yellow 28-period Weighted Moving Average (WMA), but we also observe a healthy continuation of the downtrend, confirmed by the WMA itself. Using a 9-period RSI gives faster signals, while the 28 WMA offers smoother confirmations. This combo is applied on the daily timeframe—but every timeframe has its own ideal settings. Now, when the RSI plot trends above the WMA, this can act as a potential reversal signal or even a confirmation of a trend change, depending on the broader market structure and volume context. It's not just about the crossover—it’s about what follows next. That’s where the detective work begins. What do we see today? Looking solely at the daily timeframe, the downtrend seems far from over. But to analyze it professionally, we must wait for the candle of Friday, June 6th, 2025 to close. Switching to the lower timeframes, we see something interesting—a sort of bullish dominance unfolding during this incomplete trading day. But the real question is: Is it actual dominance? Let’s break it down: We have a clearly formed Head & Shoulders pattern. The bearish Marubozu candle from June 5th made a new lower low (LL). But—it did not close below the key swing low at 100.718. Therefore, the Head & Shoulders pattern is not confirmed—it hasn’t broken and closed below that swing level. So what’s happening in the lower timeframes? In the 4-hour timeframe, we’re seeing a real-time crossover above the WMA (though the session isn’t closed yet). In the 1-hour timeframe, the crossover has already occurred. Now, such a crossover—where the RSI plot moves above the WMA—can often act as an early signal for a reversal, or at the very least, indicate a strong pullback. But don’t take it at face value—context is king. This is why we pair it with other signals like divergence, price action, and volume behavior for confirmation. Across the 4H, 3H, and 1H timeframes, we’re observing this bullish pullback, yet it’s accompanied by an RSI Hidden Bearish Divergence (see: Macro Noise vs Micro Truth: The Art of Hidden Divergences). Is this pullback a true reversal? According to Volume Spread Analysis (VSA) (read: VSA vs BTC: Into a Bearish Scenario or Not?), a new narrative is emerging—but not without contradiction. Price is climbing, yes. But bullish volume spikes are declining, supporting our RSI hidden divergence. This volume-price disagreement is a clue. What will reveal the truth? Today's closing candle. If price action (PA) creates a higher high (HH) but RSI creates a lower high (LH) → Bearish Divergence If RSI makes a HH but PA creates a LH → Hidden Bearish Divergence And for those of you who truly understand market structure: The 100.718 level was a buy opportunity to secure profits. If you caught that—congratulations. You’ve done your homework. Now, you can sit back, relaxed, and wait for the next signal. The market is a breathing organism. If you’re in sync with it—you’ll feel it. And for those who believe there’s more to learn—but are struggling to find answers—there’s no shame in asking questions. Till next time, take care—and trade wisely. P.S. RSI plot, WMA, candlestick patterns, and Volume Spread Analysis (VSA)—when combined and used properly—can become a powerful toolset. For those willing to go deeper, they’re more than enough.
by WhatComes21
2