Jimmy_Rebello

Jimmy_Rebello

Background: On 30th June, Nifty50 made a high of 25,699.35. From that point, the index entered a bearish trend, which extended down to the recent low of 24,337.50. This low marked a Break of Structure (BoS), signaling that a pullback phase was likely to...

Jimmy_Rebello

Market Update & Plan Yesterday, price tested our HTF POI and showed a slight rejection. Toward the end of the session, we also saw a strong bearish 15m candle. For today, the safer approach is to wait for a pullback into the 24,973 – 24,929 zone and look for a bullish rejection candle there. The higher-timeframe trend for this week remains bullish, and since...

Jimmy_Rebello Updated 

After a sharp sell-off from the high of 124,571.2, Bitcoin has been consistently forming a series of lower lows and lower highs, indicating sustained bearish pressure. Recently, we observed a break of structure (BoS) at 116,72, followed by a corrective pullback on the 15-minute timeframe. This pullback presents a short-term trading opportunity. Entry:...

Jimmy_Rebello

As the market opened on 13 August, it gapped up above Resistance #1, directly entering the premium zone. The resistance, marked as (1), has now turned into support. Following this, point (2) shows that the remaining supply zones were tested. However, the price did not break the day’s low of 24,538 and instead formed a swing structure favoring the long side. Based...

Jimmy_Rebello Updated 

weekly chart made a BOS, and tapped into Bullish POI ( after a bos, we always get to see a pullback, towards bearish Weekly POI ) weekly chart pullback is 15 min chart short term trend today we have seen 15 min chart making HL and HH two important lvl for going long are (55319 - 55233) & (55196 - 55128) based on POI + PD resistance will be at 55500 and...

Jimmy_Rebello Updated 

1w = pullback expected (bos > pullback) 4h = PD we are approaching into Premium 15m = is a LTF long trend upto the level of 550 -600 will update as price progress further

Jimmy_Rebello

After BTC recently made a high around 111,959, we observed a clear impulsive bearish move followed by minor pullbacks. The current market price stands at 103,396, and based on the structure, it appears that BTC is unfolding a bearish Elliott Wave pattern. If this holds, we could be in the midst of Wave 3, which typically shows strong momentum and...

Jimmy_Rebello Updated 

recent impluse momentum with a formation of HL on 1h could be a sign of trend change trade entry at2.300 to 2.350 demand zone further up at 2.5 can be the potential pullback area and could then face resistance at 2.65 and considering the down side risk at 2.200 can be the stop loss as it is recent low that bulls will try to defend

Jimmy_Rebello

current scenario suggest price to follow the bearish trend as todays low was broken after a early morning pullback that infuse the liquidity more on the supply side than demand and we saw a big red bar it is likely to come back at the area around 23000 to 22950 with minor intraday pullbacks

Jimmy_Rebello

* if you are trading on market orders need to set limit order * i say this because last week it has going all directions and playing with strict levels are important just spotted a triangle forming which could be drying up in volume as of recording this chart setup it saturday where major market remains closed the volume and volatility will be low buy area...

Jimmy_Rebello Updated 

📈 Waiting for a Pullback to Enter at a Discounted Demand Zone After a sharp move on February 10, we are now anticipating a pullback to enter at a better price. The ideal demand zone to watch is around 2875, where we’ll look for a strong bullish confirmation—such as a big bullish candle on the 1-hour timeframe—before entering a long position. 🎯 Target: 2900 📍 Key...

Jimmy_Rebello Updated 

📈 Long Setup at Daily Demand Retest Zone I'm considering a long position as 1.03072 aligns with my daily demand retest zone. This trade follows a fixed stop loss and target, maintaining a risk-to-reward (RR) ratio of 3.5. 🔹 Entry: 1.03148 🔹 Stop Loss: 1.03032 🔹 Target 1: 1.03328 (RR = 1.5) 🔹 Target 2: 1.03557 (RR = 3.5) This setup is based on price reacting to...

Jimmy_Rebello Updated 

after the impulse move previously price boosted towards 2880 without retesting the resistance which is marked and the level is around 2830 -2820 as demand area wait for the that zone retest and find a bullish condition or price action to aim back at 2880

Jimmy_Rebello Updated 

Level 70.50 going to be crucial 70-71 being the area which was long before a resistance on higher time frame now could be acting as support which has good probabililty along the way price also tapped into unmitigated demand zone which might be clearing the leftover supply that came from top on the long side we can aim at the target of 74.50 which is almost 5%...

Jimmy_Rebello Updated 

so there is unmitigated demand zone near 95700ish level i have marked that area with green box wait for the price and check if the level is being respected and price is trying to form bullish condition or any green candlestick pattern because news or anything else external can affect the technical analysis for its failure and stop loss could be 93600-650 with...

Jimmy_Rebello

📉 Price Action Update: Key Levels to Watch Currently, the price is trading within the 108 – 107.800 range. There are two potential scenarios to anticipate: 1️⃣ If the price continues to decline, we could see a drop toward 106.950. 2️⃣ Alternatively, a pullback from 108 could push the price toward 108.500 – 108.700 before resuming its downside move. This...

Jimmy_Rebello Updated 

let see if smc concepts works on meme coins first we have 4h ob and then we have 15min displacement and then the pullback so with ote optimal trading setup the price action is justifying the the levels as of now let see if it can hold the stop loss lvl of = 0.00001314 and target lvl of = 0.00001360 - 0.00001375

Jimmy_Rebello Updated 

After good up move I have been following the price with 50dema and it's going smoothly although price seems to be sideways or volatile for last week On the 1d chart there is pole and flag pattern forming the price showing support taken on the lower end of the flag so it's like to bounce back to 2.600 But we may face little resistance near the dema at 2.300 If...