MARKET UPDATE. Price broke out of the Descending Trendling and has pulled back to retest the Trendline and a Key Demand zone. Stacked Confluences: 1. Trendline Break & Retest. 2. Liquidity sweep below support. 3. BOS after price reacted from the Demand. I’m watching for continuation towards $85.8k and beyond. If bullish step in here this could be the next bullish leg up. Let’s see how it plays out. What are your thoughts on BTC this week let me know what you think in the comments.
Weekly Recap: Bank Nifty opened last week with a gap-down at 49,336.10, plunging 2,166.6 points or -4.21%. However, it recovered over the course of the week and eventually settled at 51,002.35, registering a modest weekly decline of -0.97%. Key Weekly Levels for Next Week Price Action Pivot Zone: The crucial range to watch for potential reversals or trend continuation is 50,860 to 51,115 Support & Resistance Levels: Support Levels: S1: 50,487 S2: 50,103 S3: 59,650 Resistance Levels: R1: 51,560 R2: 52,011 R3: 52,577 Market Outlook: Bullish Scenario: If Bank Nifty sustains above 51,115, it could see buying interest, potentially pushing towards R1 at 51,560 and higher levels. Bearish Scenario: A breakdown below 50,860 could trigger further downside pressure, targeting S1 at 50,487 and lower support levels. Disclaimer: https://lnkd.in/gJJDnvn2
? Nasdaq Technical Analysis – Week 15, 2025 This week’s Nasdaq structure suggests a high probability of sideways movement between 19,500 and 18,700, despite recent macro-driven volatility. Key headlines include: – U.S. tariff adjustments & China’s 125% retaliation – March CPI hitting the lowest level since early 2021 – Bond market instability and capital outflows From a technical perspective: ? volatility on the weekly is overheated — suggesting reduced volatility ahead ? Fibonacci 0.618 near 20,084 may act as short-term resistance ? Ideal long zone sits between 18,600 and 18,700, with invalidation below 18,500 (by 12H closure) ? Ideal long zone sits between 18,000 and 18,300, with invalidation below 17,900 (Just a touch of 17,900 might invalidate this idea) This analysis includes trendline setups held since 2023, confirming the value of clean charting. A full structure review from Yearly to 4H charts is included. No news-based guesswork. Just structured, chart-driven insight. ? If this chart aligns with your bias, feel free to save, comment, or follow.
#XAUUSD - UniverseMetta - Signal H4 - Formation of double tops from the upper border of the diverging triangle. It is better to place the stop behind the maximum of the 1st wave. Entry: 3209.786 TP: 3134.258 - 3100.990 - 3065.924 - 3025.462 Stop: 3251.931
. ? **Gold Short Trade Idea** – Daily Chart . ? **Market:** Gold (XAU/USD) . ? **Timeframe:** Daily . ? **Bias:** Bearish (Short) --- ? **Trade Setup** ? Entry Zone: - Sell Limit Order** around: **$3,250 – $3,274** - This area shows recent rejection and may act as strong resistance. ? Stop Loss: - Above upper resistance:** Suggested around **$3,300** - Gives breathing room in case of a false breakout. ? Target Zone (Take Profit): - TP1:** $3,145 - TP2 (Extended):** $3,122 - These are support zones based on prior structure. --- ? **Risk-Reward Ratio (RRR):** - Entry:** ~$3,260 (mid of entry zone) - Stop Loss:** ~$3,300 → Risk = 40 - Take Profit:** ~$3,145 → Reward = 115 - RRR:** **~2.87:1** (great setup)
Weekly Recap: Last week, Nifty opened with a gap-down at 21,758.40, dropping 1,146.05 points or 5%. However, it witnessed a recovery during the week and eventually closed at 22,828.55, marking a marginal decline of 0.33% from the previous week's close. Key Weekly Levels for Next Week Price Action Pivot Zone: The crucial zone to watch for any potential reversals or trend continuation is between 22,754 and 22,941. Support & Resistance Levels: Support Levels: S1: 22,429 S2: 22,126 S3: 21,766 Resistance Levels: R1: 23,236 R2: 23,547 R3: 24,005 Market Outlook: Bullish Scenario: A sustained move above 22,941 could attract buyers, driving Nifty towards R1 at 23,236 and possibly higher. Bearish Scenario: If 22,754 fails to hold, the market could witness further selling, driving Nifty towards S1 at 22,429 and possibly lower. Disclaimer: https://lnkd.in/gJJDnvn2
NETSOL BUY idea PSX Bullish Divergence Going for new HH SL 122.45 Entry 142 Tp1 1RR TP2 2 RR
? XAU/USD 1H – Bearish Setup: Rising Wedge Breakdown with Double Top Near Key Resistance Timeframe: 1-Hour (H1) Pair: XAU/USD – Gold Spot vs. US Dollar Market Sentiment: Bearish Reversal Setup Pattern Observed: Rising Wedge + Double Top Formation Trade Bias: Short (Sell) Setup ? 1. Market Structure & Trend Analysis The market has been in a strong uptrend, characterized by a sequence of higher highs and higher lows. This bullish rally originated from the support zone between $3,020 – $3,035, where bulls stepped in aggressively, creating a solid price floor. As price continued to rally, momentum began to wane near a significant resistance level around $3,243, which has previously acted as a price ceiling. This is a natural area where sellers regain control after bullish exhaustion. ? 2. Technical Pattern Breakdown ? A. Rising Wedge Pattern A rising wedge pattern formed during the recent price climb. Defined by two converging trendlines, with higher highs and higher lows narrowing over time. This pattern often signals a bearish reversal, especially when it forms after an extended bullish trend. As the price approached the upper wedge resistance, bullish candles became smaller, indicating weakening momentum. ⛰️ B. Double Top Structure Just before breaking down, price formed a Double Top pattern, also known as an “M-formation”. Both peaks occurred around the $3,243 resistance, reinforcing it as a strong rejection zone. The second top failed to push higher than the first — a clear sign of bullish exhaustion. The neckline of the double top coincides with the wedge support, providing confluence for the breakdown. ? 3. Bearish Reversal & Entry Strategy Following the formation of these patterns, price broke down decisively below the rising wedge’s lower support trendline. This confirms a shift in momentum from bullish to bearish. ? Entry Signal: Enter short positions after confirming the wedge breakdown, ideally around $3,215 – $3,210 for a safer entry with lower risk. ? 4. Target & Risk Management Strategy ? Take-Profit (TP) Levels: TP1: $3,182 This is the nearest liquidity pocket and a minor support zone where price may bounce. It aligns with previous intraday consolidation zones. ?️ Stop Loss (SL): SL: $3,243.5 Above the second top and horizontal resistance. Protects against fakeouts or retests of the previous highs. ? Risk-Reward Ratio: Approx. RR = 2:1 or higher, offering a favorable trading opportunity. ? 5. Additional Technical Insights Volume Analysis (if available): Typically, volume diminishes during wedge formation and spikes at the breakout point — confirming the breakdown. EMA/SMA Filters: Traders may enhance this setup by confirming bearish crossovers using the 20/50 EMA (not shown but can be applied). Trendline Validity: Multiple touchpoints on the wedge boundaries strengthen the pattern’s reliability. ⚠️ 6. Key Levels to Watch Level Description $3,243.5 Resistance / Double Top High $3,210.0 Breakdown / Entry Area $3,182.0 Take-Profit (TP) Zone $3,035.0 Strong Previous Support ?️ 7. Summary & Trading Plan This chart highlights a textbook bearish reversal setup after a strong uptrend. The combination of a Rising Wedge and a Double Top pattern provides high-probability confirmation for a potential retracement. ✅ If you're a short-term trader or scalper, this 1H timeframe offers clean technical structure and clear invalidation levels. ? If you’re a swing trader, consider monitoring lower timeframes for micro pullbacks after entry.
xauusd enter=3195 TP1=3245 TP2=3363 TP3=3297 ST=3177
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