📉 GOLD – Butterfly Harmonic Completed | Retracement Expected Before Next Up Leg Timeframe: 15-minute chart Date: May 5, 2025 🔍 Technical Pattern Observed: Gold has been consistently trading within a series of harmonic patterns, notably forming W-structures throughout each corrective phase. The price action has respected harmonic symmetry, forming: Multiple...
📉 DIXON – Complex Head & Shoulders Pattern Formed – Bearish Outlook Timeframe: 15-minute chart Date: May 5, 2025 🔍 Chart Pattern Observed: DIXON has formed a Complex Head and Shoulders (H&S) pattern, which is typically a trend reversal pattern. This specific setup consists of: Two Left Shoulders (LS#1 and LS#2) One Central Head Two Right Shoulders (RS#1 and...
As per the current 30-min chart, Gold appears to be completing its corrective structure and is now poised for a bullish reversal. Key observations: 🔹 Support Zone: Gold has respected the 78.6% Fibonacci retracement level (~3210), showing strong demand in this region. This marks the potential base of the upcoming 5th Elliott wave. 🔹 Trigger Level: Price needs to...
Chart Structure Overview: Pattern Formation: NIFTY has completed an Expanding Triangle pattern at the top. Before starting the Expanding Triangle, a Final Exhaustion Gap was created — typically a strong signal of trend reversal. Volume Behavior: During the Expanding Triangle, volume gradually decreased, indicating loss of momentum. Volume pattern confirms...
Chart 1: 2-Hour Chart (Short-Term View) Pattern Observed: Clear Elliott Wave structure identified. Wave ①, ②, ③, and ④ are completed. Currently in Wave ⑤ (ongoing impulsive up move). Current Setup: Wave ⑤ has started and appears to be very impulsive. The target for Wave ⑤ is near $3600 zone. Expect a sharp upside move toward $3600 in coming sessions (possibly...
Chart Overview: Timeframe: 30 minutes Pattern: Expanded Triangle (bearish bias) Current Price: Around $94,330 at the time of chart Wave Count: Completed a complex Expanded Triangle at the top. Initial impulsive wave (Wave ①) already in progress. Expecting corrective retracement for Wave ② (small bounce). Then strong downward impulsive Wave ③ projected. ...
🔍 LTIM Technical Analysis – Bearish Setup (April 23, 2025) Chart Timeframe: 2H Current Price: ₹4337.00 Structure: Descending triangle within a larger bearish channel Pattern Type: Bearish continuation with lower highs and lower lows Wave Structure: Impulsive wave down followed by a corrective retracement 📉 Bearish Observations: Lower Low Formation: The recent...
🟡 GOLD – Short-Term Technical Analysis- Chart Pattern Observed: Gold has formed an expanding triangle pattern on the current time frame. This pattern typically suggests high volatility and potential for sharp moves once a breakout or breakdown occurs. Key Observations: Price Action & Fibonacci Retracement: Gold has retraced 38.2% from the recent downtrend,...
📊 Dow Jones Intermediate Trend Analysis (Elliott Wave + AO + Volume) 🌀 Elliott Wave Interpretation The chart reflects a clear Elliott Wave count from the post-COVID low: Wave I and Wave II are well-established. Wave III is now completed, accompanied by a peak in AO — which aligns with classical Elliott theory where AO typically peaks during the 3rd wave,...
📊 Chart Structure Analysis (2h TF) The chart is forming a classic Triple Top or a Head and Shoulders variant (with the 2nd peak being the highest). All three peaks are touching the same horizontal resistance zone around ₹4,100–₹4,150. The bottom support (neckline) is consistent, around ₹3,400 – giving a clear rectangular range. This is a distribution pattern...
🔍 Pattern Identified: Butterfly Bearish Harmonic Pattern complete near the top. The right shoulder of the pattern has shown Positive Divergence: On Awesome Oscillator (AO) — price made higher highs while AO made lower highs. On Volume — clear divergence showing weakening momentum even as price tried to rise. These are strong early warning signals that smart money...
🧠 Dow Jones Industrial Average (DJI) - Technical Analysis 📅 Chart Date: April 2, 2025 🔍 Pattern Observations Previous Uptrend (Left Section of Chart): The chart shows a classic Head and Shoulders (H&S) pattern that formed after a strong uptrend. Left Shoulder, Head, and Right Shoulder were clearly formed and confirmed. The price reversed strongly after...
🧠 Technical Summary (As of Chart Date - April 1, 2025) Chart Type: 45-minute timeframe Indicators Used: AO (Awesome Oscillator) Volume Histogram Fibonacci Retracement Price Action Trendlines 📉 Bearish Signals Observed 1. AO (Awesome Oscillator) Negative Divergence Price has made a higher high, but AO is showing a lower high. This classic bearish...
📊 NCC Ltd – Short-Term Technical Analysis Chart Pattern: Wolfe Wave (Bearish Setup) Chart time frame - 15-min chart Current Price: ₹211.40 Critical Breakdown Level: ₹206.50 Target Price Zone: ₹198 Bias: Bearish short-term 🧠 Pattern Analysis: Wolfe Wave Wolfe Wave (points 1–5) structure is clearly formed, indicating a potential trend reversal. The break below...
📉 Technical Analysis – BTC/USD (Short-Term Outlook) Chart Pattern: Rising Flag Bias: Bearish continuation Current Price: ~$86,100 Target Price: $77,650 Pattern Implication: A rising flag is typically a bearish continuation pattern, forming after a sharp downward move (flagpole). Price consolidates upwards in a tight channel (the flag), then usually breaks...
Gold (XAU/USD) Analysis – March 25, 2025 Timeframe Observed: Likely 30-min or 1H Current Price: Around $3022.70 Visual Pattern: Multiple bearish flag formations after impulsive down legs Key Observations: 1. Bearish Flag Continuation Pattern Chart accurately highlights repeating bearish flags (tight upward channels after sharp down legs). These are...
NIFTY Analysis – March 25, 2025 Chart Observations: Timeframe: 30-minute chart Price: Currently at 23,715 Moving Averages: Multiple EMAs applied (likely your Trading BOW setup with 34EMA, 62EMA, 89EMA, and 144EMA), filled in a light gray band. Key Insights: 1. Price vs. EMA Divergence: There is a clear and large divergence between the price and the EMA...
Chart Pattern & Technical Structure: Current Price: ₹223.05, Chart Type: 2-hour candle "Pattern Observed: Falling parallel channel formation" Recent Action: Price recently touched the upper trendline of the descending channel, indicating resistance. Bearish Wave Count: Looks like the price has completed a corrective wave up and could be entering the next leg...