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Candlestick Analysis

Mother Line Resistance and Trend line Resistance stopping Nifty.Two important Resistances on the daily chart Mother line at 24788 and Trend line which is at 24910 are stopping Nifty from flying high. The sectoral index providing maximum support and allowing Nifty to hold above 24700 is defiantly Auto sector which is doing heavy weight lifting. Again today Auto index rose by 3.3%. It can still grow a bit but it is clearly entering the overbought zone. The sector looking most laggard is IT index. Again today it fell close to 1% with no respite in sight with torrid signals still coming from US. With this seesaw battle continuing Resistances for Nifty currently are at: 24788 (Mother line resistance) and 24910 trendline resistance. If these 2 resistances are crossed the major resistances will be at 25K, 25149 and 25245. Above 25245 Nifty can grow stronger and reach bullish territory. Supports for Nifty currently remain at: 24621, 24486 (trendline support), 24409 and finally 24292 (Father line Support). A closing below 24292 will drag Nifty further downwards into a strong bearish territory. Nifty can rise from here and reach 24910 where it will be tested or it can fall towards 24621 or 24486 and then again try to rise towards the trend line at 24910. Which path it will take is yet to be deciphered. To know more about Trend lines, Supports, Resistances, Mother line and Father line and to draw the same on your chart and for learning Techo-Funda analysis read my Book THE HAPPY CANDLES WAY TO WEALTH CREATION. The book is available on Amazon and will help you in your investing journey whether you are a seasoned investor or a new beginner. The chapters in the book are mostly standalone. The book is rated 4.8/5 on Amazon. It is a value for money book priced at Rs.349/- (Delivery charges extra as charged by Amazon). Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NSE:NIFTY
by Happy_Candles_Investment
BTC 1H Analysis - Key Triggers Ahead | Day 36💀 Hey , how's it going ? Come over here — Satoshi got something for you! ⏰ We’re analyzing BTC on the 1-Hour timeframe. 👀 On the 1-hour timeframe for Bitcoin, we can see that BTC has successfully stabilized above the alarm zone at $111,300 and is now sitting right below the resistance at $112,105. With stronger volume and volatility, this setup could give us a long trade opportunity. ⚙️ Key RSI oscillator levels are at 70 and 50. If price action pushes RSI beyond these levels, Bitcoin can continue its current bullish move and sustain the trend. At the moment, RSI is sitting just below the Overbought threshold, and once it enters this zone, the identified resistance could be broken more easily. 🕯 With the start of the new week, buying volume has increased, and the weekly candle closed fairly strong. On the 1-hour chart, the size, volume, and number of green candles are all rising. 📊 Looking at the 15-minute timeframe of Tether dominance (USDT.D), after breaking and stabilizing below 4.45%, dominance continues to move lower. The next support lies at 4.41%, and if this is broken and confirmed, Bitcoin could see even stronger upside momentum early in the week. 🔔 Currently, Bitcoin is sitting just below its resistance. The best approach is to wait for a pullback, either below or above this level, and then open a position with a setup candle confirmation or a multi-timeframe breakout. Two possible scenarios exist here, where a pullback could also give us a tighter stop-loss opportunity. ❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
Long
by CryptosWinter
USOIL latest trend analysis and operation layout#USOIL Crude oil continued to rebound in the European session, but the short-term 4H moving average was still pressing downward, and it was obvious that the short-selling momentum had not completely subsided. The overall trading rhythm is mainly based on rebound shorting. The short-term upper resistance level is 63.5-64.5. If it fails to break through effectively, crude oil will usher in a retracement, with the target looking at 62.5-61.5 🚀 SELL 63.5-64.5 🚀 TP 62.5-61.5
TVC:USOILShort
by TP-Halson
Critical Zone 3610–3620:Shorts Get Ready！After retreating to around 3579, gold rebounded again and has now reached a high of around 3614. Fortunately, the gold retracement gave us the opportunity to safely exit our previous short positions, and we accurately seized this pullback opportunity to close all our previous short positions at a break-even point. As I said, closing my short position does not mean that I am not optimistic about the gold pullback, but in the process of executing swing trading, we need to constantly adjust to make our short entry price more favorable to us. Therefore, closing the short position entered at a relatively low price previously gives us the flexibility to enter the short position again at a higher price. Gold was quickly pulled up to around 3614 in the short term. There was almost no headwind in the short term. Driven by the dual expectations of interest rate cuts and risk aversion demand, the bullish momentum was strong. However, in the short term, we are currently facing the 3610-3620 trend line resistance area, so I still do not advocate continuing to chase more gold; on the contrary, no matter what, I will continue to try to execute swing trading to short gold in the 3610-3615 area. Although the bulls have risen strongly, it does not actually provide a good position to enter the market to go long on gold. Since we cannot participate in long transactions, we can only try to short gold in waves during constant adjustments. On the premise of controlling trading risks, as long as we are not afraid of short-term floating losses, once gold begins to collapse, we will be the first traders to reap the benefits of the short position. Therefore, when gold is facing the trend line resistance area of 3610-3620, I first considered and executed a short trade at 3610-3615 as planned, hoping that the gold market will have a good retracement as some unsteady funds show signs of profit-taking!
OANDA:XAUUSDShort
by PriceSniper_Steffen
EURUSD – A Potentially Crucial Week AheadFX markets are just starting to warm up again after the summer lull which saw many pairs trading in sideways ranges through August. EURUSD has been a prime example of this type of price action. On August 1st it recorded a low at 1.1392, recovered quickly and then traded between a high of 1.1743 seen on August 22nd and a low of 1.1574 on August 27th. However, the start of September can often see volatility increase, especially when traders are reacting to data and events they see as relevant to upcoming interest rate decisions from the European Central Bank (ECB), on Thursday September 11th, and the Federal Reserve (Fed) on September 17th. Last week saw preliminary Eurozone inflation data edge just above the ECB’s 2% target (2.1%), potentially pushing back any hopes for an ECB rate cut in September, while Friday’s weaker than expected US Non-farm Payrolls saw traders increase their expectations for a Fed rate cut in September and further cuts across the remainder of 2025. Perhaps, unsurprisingly this helped EURUSD surge from a Friday low of 1.1646 to a high of 1.1760, before dipping to end the week at 1.1721. Looking forward across the week ahead, there are several key events from Europe and the US for traders to focus on that could confirm whether EURUSD can extend this up move or reverse back lower into its August range. The first hurdle to negotiate could be the outcome of a Monday no confidence vote in Parliament on the French PM, called as he tries to push through a deeply unpopular budget deficit reduction plan. If he loses this vote it could create uncertainty about France’s ability to service its debts with knock on implications for EURUSD. Second, traders are still waiting a judge’s decision on the legality of President Trump’s sacking of Fed Governor Cook over possible mortgage fraud. This news could drop at any stage, potentially increasing volatility in the dollar. Then later in the week it’s the turn of the scheduled events. Inflation data from the US in the form of PPI (Producer Prices) on Wednesday at 1330 BST, then CPI (Consumer Prices) 1330 BST Thursday could be important to confirm whether current market expectations for Fed cuts in September and the rest of 2025 are correct or overblown. The ECB rate decision is also released at 1315 BST on Thursday, but no change is expected, so anything else would be a major surprise. However, EURUSD volatility may come from comments in the press conference led by Madame Lagarde which starts at 1345. Anything she says regarding the potential for further cuts, inflation and the strength of the Eurozone economy could be relevant to trader positioning. Technical Update: Watching the Range Build Despite Friday’s payroll data seeing further pressure build on the US Dollar, EURUSD failed to breakout conclusively to the topside from the choppy sideways range that has formed since early August. As the chart above shows, the sideways range is defined by resistance at 1.1743 (Aug 22nd high) and support at 1.1574 (Aug 27th low). With Thursday’s ECB meeting in focus, traders may look to identify the next potential support and resistance levels to focus on that could impact prices, especially if EURUSD was to break out conclusively from its current range. Potential Resistance Levels: Having seen it hold Friday’s attempt at strength on a closing basis, the 1.1743 August 22nd high is set to continue to be the first resistance focus. However, closing breaks above this level may lead to a more extended phase of price strength. Such moves if seen, may well bring the 1.1830 July 1st high back on to traders’ radar screens, and if this level was to give way it could open the path to challenge 1.1908, which is the price high dating back to August 2021. Potential Support Levels: Of course, while price activity continues to trade below the resistance at 1.1743, it is possible an extension of the current range may be seen, with retests of the 1.1574 low possible. It is this level that is likely to be the first support focus. Closing breaks below 1.1574, while not a guarantee of further price declines, may then lead to a deeper phase of weakness towards 1.1392, the August 1st low, possibly further if this in turn gives way. The material provided here has not been prepared accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients. Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
by Pepperstone
Extended Pullback Ahead: A Golden Opportunity for ShortsDue to the stimulation of the NFP market, gold continued to refresh its historical highs, continued to break through the recent high of 3578, and touched the 3600 mark as expected. According to the current market structure, the bullish momentum of gold is strong, and there is no obvious peaking signal in the short term. As the center of gravity of gold continues to rise, the current short-term support will move up to the 3570-3550 area, and the short-term strong support is near the 3530 area. However, in this extreme market, we shouldn't blindly chase gold at high levels to avoid being buried in a crash. Two key details emerge from this: 1. Gold experienced a significant pullback near 3578, retreating to around 3511. 2. Gold failed to hold above 3600 before Friday's market close, falling back to around 3586, indicating some profit-taking. Furthermore, the current surge in the gold market is driven by news and, to some extent, has deviated from technical indicators. Market sentiment is extremely euphoric, making it vulnerable to a sudden collapse during this period. Furthermore, after this period of digestion, expectations of a rate cut have largely faded, potentially leading to a potential exit by large investors and panic selling. Therefore, I do not think that chasing gold at high levels is a rational and correct strategy. Gold may still retrace to the 3570-3550 area in the future, or even continue to retrace to the area around 3530. Of course, this is another opportunity to make short profits in the short term. I currently hold a short position with the average price around 3582. If you also hold a short position like me, I think we can seize the profit opportunity of the gold pullback next!
OANDA:XAUUSDShort
by PriceSniper_Steffen
Key levels for us100we are facing an strong liquidity zone then we are not going to go against it even it give us the shake out. now, if it breakt the 23,745 and then it shakes out we can go to the 23900s but, in the case that it breaks 23635 and dont manage to reclaim the 23681 we can expect a fall but i dont see the fall that near. However lets see what tomorrow holds for us. Btw if it shakes out the 23748 we will cover once it reaches 23879 50 to 70% and then the rest we will see how we can add along the way.
PEPPERSTONE:NAS100
by XMONCAYOX8
The #1 Reason Am Sticking To Forex Trading OnlyThis is going to be very hard for me because i have loved stock options trading from the first time i saw it. I still remember the flashing lights, my smile as i traded on the simulation account. I remember i got my first followers just from predicting the markets from blue chip stocks And the support i got from this awesome community. This community on tradingview, man i love y'all for sure guys and girls i really appreciate the support even when my analysis is wrong you held me down. Listen am going to stop posting about stocks. I have to focus now guys. Am transitioning to a new phase of my life. I will still post about Bitcoin. Maybe once in a while. By now for those of you who started with me from the beginning when I had only 10 followers. Do you remember that i used to talk about gold, and silver alot? So even those assets i have stopped talking about them now. But even when i stopped talking about them i still got your them followers so i appreciate this community and i know even though i wont be getting them famous likes. I will still stay true to myself So from this today forward am only going to post about forex pairs.. i have to break it down to one asset This will improve my education and learning process so that i became a full trading professional. Am going all in on Forex trading because this is my passion and frankly i hope it will be my main source of income.Am giving this transition another 3 months. If within 3 months i dont have any profitable trades then i will only stick to talking about Bitcoin. The truth is, Bitcoin is the one asset am very very good at trading. So if this forex trading journey doesn't work out for me. Then am back to Bitcoin baby. Thank you for the support and believing in me to guide you in your trading Journey. Look at the bottom of this chart you will see a Rate of change. That rate of change is showing you the breakout pattern. This makes OANDA:GBPUSD a good buy Master this pattern because its the key to your trading profession. One love, trade safe. Rocket boost this content to learn more. Disclaimer: Trading is risky please use a simulation trading account before you trade with real money.
Long
by lubosi
ETH 4H Analysis - Key Triggers Ahead | Day 15💀 Hey , how's it going ? Come over here — Satoshi got something for you ! ⏰ We’re analyzing ETH on the 4-Hour timeframe . 🔭 On the 4-hour timeframe for Ethereum, we can see that ETH is currently moving inside a very strong box and is preparing for this week’s upcoming news. The resistance (ceiling) of this box sits at $4,471, while the support (floor) is around $4,254. Once either of these levels is broken, Ethereum could make a strong move after this long consolidation phase. There’s also an early trigger zone at $4,332; if ETH breaks and stabilizes above this level, we can consider entering a position toward the top of the box. ⛏ Key RSI levels for Ethereum are at 58 and 40. Breaking these ranges could signal the start of a strong move. With increased volatility, ETH could even push toward the overbought (OB) or oversold (OS) zones. 💰 Currently, the size and volume of candles have dropped significantly — something we often see during holiday sessions. But with the start of the new week and upcoming economic reports, Ethereum could generate bigger candles and stronger momentum once it breaks out of this box. 🪙 Looking at the ETHBTC pair on the 4-hour timeframe, the chart still looks bearish with decreasing volume. The current zone is considered a maker-buyer area, and we’ll need to watch how the whales react here. If this level is lost, Ethereum could face a deeper correction and move toward its lower support levels. 💡 Ethereum currently has 3 alarm zones: A short alarm zone at the bottom of the box — if broken, it could trigger stronger selling pressure. A long alarm zone #1 at $4,332, acting as an early trigger for a potential breakout toward the top. A long alarm zone #2 at $4,471 — breaking and holding above this level could lead to a solid upward move. ❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
by CryptosWinter
BTC 1H Analysis - Key Triggers Ahead | Day 35💀 Hey , how's it going ? Come over here — Satoshi got something for you ! ⏰ We’re analyzing BTC on the 1-Hour timeframe . 👀 On the 1-hour timeframe for Bitcoin, we can see that after touching its resistance at $111,300, Bitcoin moved toward its short alarm zone and activated it. However, the market didn’t show much selling pressure or bearish momentum. Currently, Bitcoin is ranging with very low volume, but with the new week starting, stronger volume could enter the market. ⚙️ Key RSI levels for Bitcoin are at 70 and 50. If RSI crosses these thresholds, Bitcoin could start a strong move — most likely at the beginning of the new week. 🕯 The size and number of green candles have slightly increased, and we are now sitting right below the critical resistance at $111,300. It’s likely that this level will be broken in the coming week. 🖥 This week has plenty of economic news events, which means the market could see high volatility. Overall, it looks like a good week for trading. 📊 Looking at the 1-hour timeframe of Tether dominance (USDT.D), after a strong rally it recently got rejected from the 4.51% level. The market sentiment shifted toward long positions, and selling pressure didn’t sustain. If 4.45% in Tether dominance breaks down, significant USDT could flow into Bitcoin and altcoins. 🔔 The key alarm zones for Bitcoin are set at $110,500 for short positions and $111,300 for long positions. Breaking these zones in the upcoming week could give us solid trade opportunities. Keep in mind that the economic news scheduled this week can strongly influence the market. ❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
by CryptosWinter
Ethereum climbing, but RSI throwing shade stay sharpGuys, I’ve also put together an Ethereum analysis for you. Ethereum is an amazing coin that’s not up for debate. But it’s already climbed quite a bit. I haven’t bought in at this point, but if it drops to the 3,538.0 – 3,357.0 range, I’d definitely be looking to buy.🔥 Right now, we’re in an uptrend, but on the 1‑day chart I spotted a divergence on the RSI indicator. It looks like this divergence might be playing out. If the price falls below the 4,000 level, that would confirm the divergence is in effect. Guys, I would like to thank everyone who supports my analyses with their likes. Your likes boost my motivation, and that's why I share these analyses.
BITSTAMP:ETHUSDLong
by TraderTilki
54
EURUSD: three paths and none of them easyFor the third month in a row EURUSD closes below the highs of the period — buyers fail to break through, while the 200 EMA adds extra pressure from above. On the other hand, every dip is aggressively bought, leaving sellers unable to reverse the trend. The dollar index has been stuck in the 98.50–97.50 range for eight weeks, and each attempt to strengthen pushes it lower again. Against this backdrop, three scenarios remain on the table. First scenario: short positions with tight stops from 1.1780, targeting 1.1600 and 1.1400, where reversal patterns may appear. Second scenario: continuation of sideways trading, prioritizing shorts while price remains below 1.1780. Third scenario: breakout above 1.1780 with a move toward 1.2200, where selling opportunities may arise, followed by a correction and renewed buying with the trend. All actions depend on entry points, and each entry has its own rules. Questions? Let me know.
by InvestWorld_777
How To Boost The 3-Step Rocket Booster Strategy Using StochasticAm so tired right now and i feel so sad. How do you feel? When it comes to trading your feelings dont matter what matters is your technical analysis. These past days i kept reading the book by Steve on candlestick charting And comparing to the technical skills i already know. It took me about 3 years to learn technical analysis so if you are starting dont give up. Finding this stock NASDAQ:EBAY was not easy at all. I had to refine and digest my trading strategies. I kept studying and refining my trading strategies. Its not easy but its worth it.Thats all i have been doing these past days Just studying trading. By the way that's a spinning black top And its above the Rocket booster strategy Also notice the crossover below? Rocket boost this content to learn more. Disclaimer:Trading is risky learn risk management and profit taking strategies also use a simulation trading account before you trade with real money.
NASDAQ:EBAYLong
by lubosi