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Candlestick Analysis

SASOL (SOL)- JSEPrice has recently struggled near key resistance levels and is showing signs of slowdown after multiple attempts to push higher, which could signal a short-term pullback to structural support zones. 📌 Summary This idea assumes a temporary pullback first, offering a “buy low” opportunity ahead of a larger upside continuation. The trade plan doesn’t chase short-term strength — it anticipates a measured retracement into strong technical support before committing capital.
JSE:SOL
by Prof_Invests_ZA
31.01.26 Price action Recap BTCUSD (ICT Method)I can see a recent low, 2 fair value gaps, an OrderBlock and the previous days' high. These matter because Price has just expanded lower. What I hope to see, or rather how I hope to see price retrace bullishly depends largely on what she does next. There are two possible scenarios: - Price could retrace immediately with shallow moves and then expand lower into my weekly point of interest. - Price could take out the most recent low it created in the form of a stop hunt, rally and then retrace into a point of interest and head for the fair value gap. The third scenario is that I'm wrong and price will just expand into my weekly point of interest without retracing to the 4H fair value gap. Let's see. Cheers.
COINBASE:BTCUSD
by Benny-
1
USDCHF: impulse completed, corrective wave in progressUSDCHF remains under pressure amid demand for safe-haven currencies and expectations of a softer Fed stance. The Swiss franc continues to attract defensive flows, keeping the broader bias bearish. The current price action reflects liquidity redistribution after a strong downside impulse. From a technical and Elliott Wave perspective, the market has completed a bearish impulse wave (3), sweeping liquidity below local lows. The current consolidation near the weak low suggests the development of a corrective wave (4). The primary scenario expects a corrective rebound toward the 0.8065 – 0.8380 supply zone, aligned with prior structure and EMA resistance. Once wave (4) is complete, a continuation lower in wave (5) is expected. A deeper correction is possible, but the bearish structure remains intact below 0.84–0.85.
Long
by InvestWorld_777
Short trade Trade Details Entry: 82,996.41 Take Profit: 80,831.97 (2.60%) Stop Loss: 83,240.22 (0.29%) Risk–Reward: 8.88R 🔴 Directional Bias Sell-side continuation following buy-side failure: 🧠 Market Sentiment Prior sessions engineered buy-side liquidity above equal highs London AM opened with a failure to sustain above the value Aggressive rejection from the premium confirms the distribution is complete Sentiment flipped decisively bearish as trapped longs were forced to exit This reflects institutional unloading, not retail noise. 🧩 Structural Context Clear lower high formed after buy-side sweep Breakdown below the intraday range support Bearish displacement confirms BOS to the downside No bullish response on retest → sellers in control Structure strongly favours sell-side expansion. 📊 Liquidity & Value Entry taken after: Buy-side liquidity taken Return to inefficiency / FVG Price accepted below prior value → premium distribution confirmed Downside liquidity resting toward prior range lows We assume this is a liquidity-driven continuation, not exhaustion. ⏱️ Session Advantage (London AM) London is the primary distribution window Ideal for: Reversals after Asia manipulation Trend continuation after NY positioning Lack of early London bid strength validated the short bias Session timing adds a probability edge. ❌ Invalidation Criteria Reclaim and acceptance above London highs Bullish displacement through the premium Failure to expand after sell-side entry None present at execution. 🧾 Summary BTCUSD shows sell-side continuation sentiment following a London-session rejection from premium after buy-side liquidity was taken. Bearish BOS and acceptance below the value support further downside expansion toward resting liquidity.
BINANCE:BTCUSDShort
by davidjulien369
4
Nasdaq (Futures) - 1,100-1,300 Ticks Swing OpportunityBullish Strength All Week, Above $26,000 - $26,200 Until Thursday Came Around. The Selling Pressure Was So Great, The Majority Of Gains Throughout The Week Vanished! I Am Studying Obvious Levels Of Liquidity And Based Of My HTF Analysis, We Could Be In For A Continuation To The Downside With My Interest Resting Below 25365.25 Which Is Over 1,000 Ticks. Next Weeks NWOG Will Give Me A Clearer View Of When This Delivery Can Occur. A Premium Gap Open Could Signify One Last Short-Term Rally, Catching Those Who Has Held Onto Their Position Throughout The Weekend And Placed Their Stop Loss Above $25,940 & $26,050
CME_MINI:NQH2026Short
by LegendSince
Nifty Analysis EOD – January 30, 2026 – Friday🟢 Nifty Analysis EOD – January 30, 2026 – Friday 🔴 The Calm Before the Storm: Nifty Coils for Budget-26! 🗞 Nifty Summary As predicted, Friday was a “silent” consolidation session characterized by narrow range-bound movement and pre-event manipulation. The day started with an unexpected 150-point Gap Down that tested our second support at 25,270. Nifty found its footing at the Fib 0.786 level, which acted as a rock-solid floor throughout the day. A late-session attempt to break the IBH and the Long-Term Trendline at 1:50 PM briefly crossed the 25,335 mark, but the momentum faded precisely at the Fib 0.618 retracement level. Nifty eventually closed at 25,320.65 (-0.39%), positioning itself exactly in the center of a high-stakes 700-point battlefield. 🛡 5 Min Intraday Chart with Levels 🛡 Intraday Walk The session was a classic “wait-and-watch” game. The 157-point range—significantly lower than the Gladiator average of 260—confirms that institutional players are sitting on the sidelines ahead of Sunday’s Budget. While the intraday volatility offered some scalp opportunities, the false IBH breakout served as a trap for those over-anticipating the move. The market is now balanced on a knife-edge, with the daily close sitting equidistant from major targets on both sides. 📉 Daily Time Frame Chart with Intraday Levels 🕯 Daily Candle Breakdown Open: 25,247.55 High: 25,370.70 Low: 25,213.65 Close: 25,320.65 Change: -98.25 (-0.39%) 🏗️ Structure Breakdown Type: Small Bullish Candle according CDO (Bearish according to PDC) Range: ≈ 157 points — significantly compressed volatility. Body: ≈ 73 points — mild selling pressure from the gap-up rejection. (Same size of Previous day) Upper Wick: ≈ 123 points — strong supply rejection from the 25,370 zone. Lower Wick: ≈ 34 points — limited buying interest at the extreme lows. 📚 Interpretation The candle structure is the definition of indecision. The long upper wick proves that sellers are still capping any pre-emptive rallies, while the narrow body reflects a lack of directional conviction. The market has effectively “coiled,” and this compression usually leads to a violent expansion once the Budget news hits the tape. 🕯 Candle Type Bearish Rejection / Consolidation Candle — Signals a standoff; the Budget session will be the ultimate tie-breaker for this structure. 🛡 5 Min Intraday Chart ⚔️ Gladiator Strategy Update ATR: 254.37 IB Range: 104..20 → Medium Market Structure: Balanced Trade Highlights: 12:23 Long Trade: SL Hit (Mistake: Assumed HTF break based on STF trend; recency bias). 13:54 Long Trade: Trailing Hit (1:0.76) (HTF Trendline Breakout). Psychology Note: As explicitly mentioned in yesterday’s note, today was intended to be a “No-Trade” day due to expected pre-event consolidation. However, greed and recency bias triggered entries in a non-conducive environment. The market punished the mistake, providing a stern reminder that discipline is more important than catching every tick. 🧱 Support & Resistance Levels Resistance Zones: 25,370 25,430 ~ 25,460 25,515 25585 ~ 25605 25650 ~ 25,670 Support Zones: 25180 ~ 25160 25,060 25009 24970 ~ 24920 🧠 Final Thoughts 🧠 Special Budget-26 Note : The Nifty has closed at 25,320, which is exactly the center point between the 25,670 resistance and the 24,970 support (350 points each way). For the Budget day, it is highly probable that Nifty will test at least one of these extremes. A sustained breach of the 25,160–25,460 range will be our “Prime Trade” signal. ✏️ Disclaimer This is just my personal viewpoint. Always consult your financial advisor before taking any action.
NSE:NIFTY
by kzatakia
Long trade 🥈 SI1! — Buy-Side Sentiment & News Analysis (1-Hour) Date: Mon 28th Jan 2026 Session: NY Session AM Execution Time: 3:45 pm Trade Details Entry: 115.270 Take Profit: 122.555 (6.32%) Stop Loss: 114.785 (0.42%) Risk–Reward: 15.02R 🟢 Directional Bias Buy-side continuation/expansion: Silver is in a clear re-pricing phase, transitioning from accumulation into sustained expansion, supported by both technical structure and macro conditions. 🧠 Market Sentiment Overview Prior consolidation resolved decisively to the upside Pullbacks into value were shallow and aggressively bought Buyers showed strong acceptance above prior resistance This reflects institutional accumulation and the continuation of a trend, not speculative exhaustion. 🧩 Structural Context Higher-high / higher-low sequence firmly established on the 1H No bearish CHoCH or structural failure Break and hold above prior range highs confirms trend continuation Structure strongly favours further upside rather than mean reversion. 📊 Volume Profile & Value Acceptance above prior value high / POC Volume supports higher prices — no high-volume rejection Value migrating upward alongside price This confirms a healthy bullish auction. ⏱️ Session Behaviour (NY AM) Asia built the base London extended structure NY AM delivered continuation and expansion NY AM is historically the strongest session for metals trend extension, adding timing confluence. 📰 News & Macro Context (Why Silver Works Here) Precious metals bid amid: Cooling expectations around aggressive rate hikes Persistent inflation hedging demand 📰 Silver benefits from a dual role: Monetary metal (real-yield sensitivity) Industrial demand exposure (risk-on alignment) No adverse USD or yield shock during NY AM Gold strength provides tailwind confirmation for Silver Macro conditions are supportive, not conflicting. 🧾 Summary SI1! shows strong buy-side sentiment following acceptance above value and continuation of a higher-timeframe bullish structure. Shallow pullbacks, bullish FVG support, and a supportive macro backdrop favour continued upside expansion.
COMEX:SI1!Long
by davidjulien369
6
Gold Wave Analysis – 30 January 2026 - Gold formed daily Evening Star - Likely to fall to support level 4600.00 Gold today fell down sharply after the price failed to close above the major resistance level 5500.00, as can be seen from the daily Gold chart below. The downward reversal from the resistance level 5500.00 formed the daily Japanese candlesticks reversal pattern long-legged Doji – which is now the middle candle of the daily Evening Star. Given the overbought Stochastic and RSI, Gold can be expected to fall to the next support level 4600.00 (former top if wave 1 from the start of January).
FXPRO:XAUUSDShort
by FxPro
Axis Bank Ltd (NSE) – Bullish Continuation SetupTimeframe: Daily Trend Bias: Bullish Current Price: ~₹1,370 Technical Overview Axis Bank is trading in a strong uptrend, respecting higher highs and higher lows. Price has recently broken above a consolidation range and is sustaining above the key Fibonacci 0.382 retracement zone, indicating strength and acceptance at higher levels. The structure suggests a bullish continuation rather than exhaustion, with momentum favoring buyers as long as price holds above the breakout base. Key Levels (as per chart) Immediate Support: ₹1,325 – ₹1,335 (Fibonacci base & prior range high) Secondary Support: ₹1,285 – ₹1,270 (demand zone / value area) Immediate Resistance: ₹1,395 – ₹1,405 (Fibonacci -0.382 to -0.618 zone) Major Target: ₹1,590 – ₹1,600 (measured move / higher timeframe projection) Trade Plan Bullish Scenario (Preferred): Entry: Buy on dips near ₹1,335–₹1,350 or on a decisive daily close above ₹1,395 Targets: T1: ₹1,440 T2: ₹1,520 T3: ₹1,590+ Bearish Invalidation: A daily close below ₹1,315 would weaken the bullish structure and may lead to a deeper retracement towards ₹1,285. Indicator Confluence Volume: Expansion visible during the recent breakout, confirming participation Momentum (RSI/Trend strength): Positive and trending upward, no bearish divergence Market Structure: Clean breakout + retest behavior Conclusion Axis Bank remains structurally bullish on the daily timeframe. As long as price holds above the ₹1,315–₹1,325 zone, the probability favors further upside toward ₹1,590+. Traders should focus on pullback entries or breakout confirmation for optimal risk-reward. ⚠️ This is a technical view only. Not financial advice.
NSE:AXISBANKLong
by TEDXTradesindia
XAUUSD M15 – Corrective Pullback Within DowntrendXAUUSD is analyzed on the 15-minute timeframe (M15). The broader market context remains bearish as price continues to trade below the EMA200, indicating that the dominant trend is still to the downside. The EMA ribbon is sloping downward, reinforcing bearish momentum in the current structure. Following a strong impulsive move lower, price has entered a pullback phase. This pullback shows corrective characteristics rather than a trend reversal, as price remains capped below previous structure and dynamic EMA resistance. Price is currently reacting within a resistance zone that aligns with prior structure and EMA resistance. The rejection from this area suggests that selling pressure is still present and that the pullback may be nearing completion. Further downside continuation will depend on how price behaves around this resistance area and whether bearish structure remains intact. This idea is shared for technical and educational purposes only and does not constitute financial advice.
FXPRO:XAUUSDShort
by KPA_Advisory
1
SOLUSDT M30 HTF Supply Rejection and Bearish Continuation📝 Description BINANCE:SOLUSDT has experienced a strong bearish impulse, breaking below a key H4 balance price range. Price is now consolidating under a 30-minute Fair Value Gap, suggesting a corrective pullback within a broader bearish structure rather than a trend reversal. ________________________________________ 📉 Signal / Analysis Primary Bias: Bearish below the M30 FVG Preferred Setup: • Entry: 116.10 (pullback into M30 FVG / supply) • Stop Loss: Above 116.60 • TP1: 114.89 • TP2: 113.82 • TP3: 112.17 ________________________________________ 🧠 ICT & SMC Notes • Strong bearish displacement confirming sell-side dominance • Rejection from M30 Fair Value Gap in a discount-to-premium retracement • Clear bearish market structure with lower highs and lower lows ________________________________________ 📌 Summary As long as price remains capped below the 116.60–117.20 resistance zone, bearish continuation remains the favored scenario. The current consolidation is viewed as a pause before a potential continuation toward deeper downside liquidity. ________________________________________ 🌍 Fundamental Notes / Sentiment Weak overall crypto market sentiment, coupled with reduced risk appetite and ongoing capital rotation out of high-beta altcoins, continues to weigh on SOL. Without a strong bullish catalyst, downside pressure remains dominant in the short term. ________________________________________ ⚠️ Risk Disclosure Trading involves substantial risk and may result in capital loss. This analysis is for educational purposes only and does not constitute financial advice. Always apply proper risk management, predefined stop-loss levels, and disciplined position sizing aligned with your trading plan.
Short
by TFlab
1
GBPUSD M15 – Bearish Confluence at EMA and ResistancePair: GBPUSD Timeframe: M15 The overall market context remains bearish. Price is trading below the EMA200, confirming that the long-term trend is still to the downside. The EMA ribbon is also turning red and sloping downward, which supports bearish momentum in the current structure. After the impulsive move down, price has retraced into an appropriate pullback area. This retracement aligns with a key resistance zone and remains below the dynamic resistance provided by the EMA200, indicating that the pullback is corrective rather than a trend reversal. Within this pullback zone, a reversal candlestick signal has appeared, showing rejection from higher prices. This reaction suggests that selling pressure is returning as price tests the resistance area. In addition, the pullback level aligns with Fibonacci retracement levels, creating confluence between structure, dynamic resistance, and Fibonacci, which strengthens the technical validity of the setup. As long as price remains below EMA200 and below the recent swing high, the bearish scenario remains intact. Any continuation to the downside will depend on how price reacts after this pullback. This analysis is shared for educational and analytical purposes only and does not constitute financial advice.
Short
by KPA_Advisory
EURUSD M15 – Corrective Pullback Within DowntrendEURUSD is analyzed on the 15-minute timeframe (M15). The broader market context remains bearish as price continues to trade below the EMA200, indicating that the long-term trend is still to the downside. The EMA ribbon is also sloping downward, supporting sustained bearish momentum. After the recent impulsive decline, price has entered a pullback phase. This pullback shows corrective characteristics rather than a trend reversal, as price remains capped below dynamic resistance and previous structure levels. Price is currently reacting within a resistance zone that aligns with EMA resistance and prior structure. The appearance of bearish price rejection in this area suggests that selling pressure is still active. The highlighted management zone reflects a point where risk can be reduced, such as moving the stop to break-even, depending on individual trade management rules. Further downside continuation will depend on how price behaves after this corrective move. This idea is based on market structure, EMA trend context, and price reaction on the M15 timeframe, and is shared for educational and analytical purposes only. It does not constitute financial advice.
Short
by KPA_Advisory
1
JSW STEEL LTD – Weekly Breakout Setup | SwingSymbol: JSWSTEEL (NSE) Timeframe: 1W Trend: Bullish continuation Technical View JSW Steel is trading in a strong higher-high, higher-low structure on the weekly chart. Price has respected a rising trendline since mid-2024 and recently reclaimed the 0 Fibonacci level (₹1,226) with a decisive close. The previous corrective move has now transitioned into a fresh impulse leg, indicating continuation of the primary uptrend. Key Levels (Fibonacci Projection) Immediate Support: ₹1,225–1,240 (0 Fib + breakout retest zone) Strong Support: ₹1,095–1,105 (0.382 Fib) Trendline Support: Rising weekly trendline (confluence area) Upside Targets Target 1: ₹1,354 (−0.382 Fib) Target 2: ₹1,435 (−0.618 Fib) Extended Target (Momentum): ₹1,500+ if market strength continues Invalidation / Risk Weekly close below ₹1,195 would weaken the bullish structure Trend remains intact as long as price holds above the rising trendline RSI & Momentum Weekly RSI is above 50 and rising, confirming bullish momentum No bearish divergence visible at current levels Trade Plan Bias: Buy on dips / Buy on retest Entry Zone: ₹1,225–1,250 Conclusion JSW Steel is structurally bullish on the weekly timeframe. Holding above the breakout zone opens the path toward ₹1,350–₹1,435 in the coming weeks/months. Best suited for swing and positional traders.
NSE:JSWSTEELLong
by TEDXTradesindia