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DXY — Triple Compression: CPI Meets a 3rd Weekly & 4th Daily Ins The U.S. Dollar Index is locking in tight — 3rd consecutive weekly inside bar, and a 4th possible daily inside bar — as U.S. inflation holds firm and Japan’s core inflation uptick adds fuel. Context We’re locked in structural compression: three weeks of internal price action, and today presents a 4th daily inside bar formation. Weekly key range: low 97.561 and high 99.197. Price is stuck in the mid-zone, patiently waiting. For bias confirmation: Break of Tuesday’s 21 Oct daily candle low at 98.143 or high at 98.613 will signal directional bias. Macro queue: Big data hits next week (inflation prints, central-bank focus). Volatility is coiled. Technical Weekly frame: Still inside the bearish range (97.561 – 99.197). Daily frame: Bias leans bullish until the range breaks — think “bullish inside bar pending expansion”. In symmetrical measures: Risk of overbought cognition; if today’s low holds and Monday fails to trade through it, we may see a higher low setup. Execution: Wait for clean breakout of the inside bar structure; use volume confirmation; avoid getting sucked into a false squeeze. Fundamentals U.S. inflation: The Consumer Price Index for September is published today (24 Oct) after delay due to shutdown. Bureau of Labor Statistics +2 The Financial Express +2 Japan inflation: September core inflation rose to 2.9% YoY, moving above the Bank of Japan target and adding pressure to the JPY‐rate story. Trading Economics +2 Bloomberg +2 Impact mechanism: Sticky inflation → reduces odds of immediate rate cuts → supports USD strength; yet structural squeeze in DXY means the market is holding its breath for breakout. Plan & Mindset Plan: Hold off trading until Monday’s price action gives clarity through breakout of the inside-bar structure. Then map cross-assets (EURUSD, GBPUSD) accordingly. Mindset Structure rules story. Don’t fight a tight coil. Today you “wait with purpose.” If price breaks, act decisively; if it breaks wrong, adapt quickly. - Like waiting for the popcorn — you don’t eat the kernels while still heating.
CAPITALCOM:DXYLong
by CORE5DAN
Buy KotakBank - Multiple confirmation - Technical Anaysis Kotak Mahindra Bank Futures (Weekly Timeframe Analysis) Current Price: 2,113.80 Technical Analysis: 1. Trend Structure • Previous strong uptrend with Higher Highs (HH) formation. • Experienced a retracement phase after topping out. • Recently consolidated in a range, forming an accumulation zone above the 200 EMA (Weekly TF) and around 100 EMA. 2. Range Breakout Confirmation • Range Breakout observed on the weekly timeframe after consolidation. • Price sustained above EMA 200, showing strength. 3. Key Levels • Support Zone: ₹1,880 – ₹1,940 (consolidation base). • Resistance Zone / Short-Term Target: ₹2,296.60. 4. Indicators • Hidden Divergence formed on weekly timeframe, the same area where accumulation happened & RSI bounced from oversold levels and crossed above 50, indicating renewed momentum. • 100 EMA above 200 EMA shows the trend in favor of bulls. 🎯 Trading Plan: • Bullish Bias: As long as the price sustains above ₹1,940–1,960 zone. • Targets: • Short-Term: ₹2,296.60 • Medium-Term: Higher levels possible if momentum sustains. • Risk Management: • Stop-loss below ₹1,880 (recent accumulation low). Summary: Kotak Mahindra Bank Futures has broken out from weekly consolidation after forming a strong base above EMA 200. The structure suggests the potential to move towards ₹2,296.60 in the short term, with RSI and price action both supporting bullish momentum.
NSE:KOTAKBANK1!Long
by earnwhileulearn
1
The Compression Break: Identifying the Spring Before ExpansionDifficulty: 🐳🐳🐳🐋 (Intermediate) This article is for traders who want to recognize and trade explosive moves that form after periods of tight price compression. Perfect for those familiar with structure, volume, and volatility concepts. 🔵 INTRODUCTION Price doesn’t move in a straight line — it breathes. It expands when there’s imbalance, and it compresses when the market is building energy. The most powerful moves often start with a compression phase — a tight, controlled price range — before a sudden breakout. Learning to spot these “springs” before they snap can give you trades with excellent risk/reward ratios and clear invalidation points. 🔵 WHAT IS COMPRESSION? Compression occurs when price volatility shrinks, and each swing becomes smaller than the last. It looks like price is being “squeezed” between converging support and resistance levels. Common causes of compression: Liquidity build-up before a major session open Market waiting for a news release or key event Institutional positioning before a drive The tighter the range, the bigger the potential release. 🔵 WHY IT MATTERS Compression is important because: It reveals where the market is balanced and undecided It creates a high-energy environment — a small push can trigger big moves It offers tight stop-loss placement and clear breakout targets Think of it like a coiled spring: the more it’s compressed, the more explosive the release. 🔵 HOW TO IDENTIFY COMPRESSION 1️⃣ Price Action Clues Consecutive smaller candles with overlapping ranges Lower highs + higher lows (triangle formation) Reduced wick size in the final stages before breakout 2️⃣ Volume Clues Declining volume during the squeeze Sudden volume spike as breakout begins 3️⃣ Volatility Clues ATR (Average True Range) dropping to local lows Bollinger Bands narrowing (optional) 🔵 TRADING THE COMPRESSION BREAK Step 1: Define the Box Mark the high and low of the compression range. This will be your breakout reference. Step 2: Wait for Volume Confirmation Avoid jumping in on the first tick outside the box. Wait for a volume surge or strong close beyond the boundary. Step 3: Trade in the Breakout Direction Entry: After confirmed breakout close Stop Loss: Inside the compression range Target: Equal to the height of the compression box or previous swing high/low 🔵 EXAMPLE SCENARIO Price compresses for more then 10 bars into a tight range Volume steadily declines → ATR hits a local low A big body bullish candle breaks above range high with 2× average volume Entry at breakout close, stop inside range, target = box height projected upward or 1:2 RR 🔵 ADVANCED TIPS Align with higher timeframe trend for higher probability Watch for false breakouts (liquidity sweeps) before real move Combine with order blocks or VWAP to refine entries Use session timing — many compression breaks happen at market opens 🔵 CONCLUSION Compression is the market’s way of loading a trade with potential energy. When you spot it, you’re seeing the buildup before the burst. Trade it with patience, volume confirmation, and proper structure, and it can become one of your highest-probability setups. Have you traded compression breaks before? Share your best example in the comments!
Education
by BigBeluga
11
PENDLE/BTC Daily Chart Analysis | Momentum Building for the NextPENDLE/BTC Daily Chart Analysis | Momentum Building for the Next Move 🔍 Let’s dive into PENDLE/BTC and highlight the current technical landscape with key areas to watch for traders. ⏳ Daily Chart Overview PENDLE/BTC recently broke above a multi-month resistance near 0.00004500, confirming strong bullish momentum on the daily timeframe. Volume surges are supporting this upward move, indicating increased market participation and renewed interest from buyers. 🔺 Bullish Scenario: If the uptrend continues, look for a push toward the first target: - 0.00004840 (major supply/target zone) - On further strength, 0.00005730 is in sight as the next resistance. Expect short-term consolidation or minor pullbacks before any strong breakout. 🔻 Bearish/Consolidation Scenario: If sellers step in or the rally loses steam, support is found at: - 0.00004181 (immediate level) - If this breaks, look for deeper retracement toward 0.00003300 (structural support). 📊 Key Highlights: - Daily breakout from a consolidation range signals bullish continuation potential. - Volume spikes confirm genuine buyer interest at current levels. - Major upside targets: 0.00004840 and 0.00005730. - Critical downside supports: 0.00004181 and 0.00003300. - Price action may oscillate (range/consolidate) between the support and resistance before a major move. 🚨 Conclusion: Momentum favors bulls as long as price holds above 0.00004181. Watch for a confirmed breakout above 0.00004840 for additional upside. Stay nimble—volatility will likely provide both breakout and pullback opportunities. Keep an eye on PENDLE/BTC and PENDLE/USDT📈📊
Long
by AtresCryptoAcademy
AAPL Set for a Breakout? | Technical Checklist & Projections ▍Observation & Context ▪ AAPL has been moving sideways within a clearly defined range for the past three months . ▪ On July 07 , price tested the range resistance decisively, showing some interest in the upside. → Let's first explore the bullish breakout scenario. ▍What Makes a Good Breakout ? Before we talk about targets, let’s define what a good breakout looks like: ▪ A strong bullish candle breaking through the resistance in one clean move . ▪ Followed by a retest of the broken resistance (now acting as support). ▪ After that, price should ideally: 1. Form a higher low , and 2. Reach the next resistance or target zone before pulling back. ▍Target Price – Method 1: Extension of the Range 🔹 Near-Term Target: 1.5–1.618x Fibonacci Extension - A common zone where momentum often pauses. - Aligns with the previous high from the last downtrend. - Technically, to reverse a trend, price needs to take out the previous high. Even though the range has “cooled off” the pressure, we still respect that level. 🔹 Ultimate Target: 2x Range Extension - Represents a 100% projection of the previous range. - Commonly used in range breakout targets. 🔹 Dream Target: 2.618x Fibonacci Extension - Aligns with the start of the last downtrend , adding significance to the level. - Often marks the exhaustion point of strong trends. ▍Target Price – Method 2: Projection from Higher Low Note: The new higher low is not yet confirmed at the time of writing. The levels below assume an upward breakout without dropping below 207.22 . However, the same logic can be applied once the higher low forms. 🔹 Near-Term Target: Same as Method 1 🔹 Ultimate Target: 100% Projection of Prior Swing - Projecting the prior swing (from previous low to recent high) from the new higher low . - This level also aligns with the 1.5–1.618x Fibonacci extension of that swing, increasing its significance. 🔹 Dream Target: Another 100% projection - Rare, but happens when momentum is very strong . - In such cases, price might skip any retracement and launch directly into a second leg , equal to the previous swing. - Here, the level aligns perfectly with the start of the last downtrend , just like the 2.618x extension in Method 1. ▋Mental Notes ▪ No one knows for sure if the breakout will be real or fake. But when it happens, knowing what to look for and where price might go next gives us a clear plan of action . ▪ The market will always find ways to surprise. Stay open and follow the flow. ▋Not Financial Advice The information contained in this article is not intended as, and should not be understood as financial advice. You should take independent financial advice from a professional who is aware of the facts and circumstances of your individual situation.
NASDAQ:AAPL
by stock_adelie
Intel - This might be the bottom!Intel - NASDAQ:INTC - might create a bottom: (click chart above to see the in depth analysis👆🏻) For almost an entire year, Intel has been consolidating at a major horizontal support. Considering the previous significant bloodbath, Intel might soon find its bottom, which is inevitably followed by a major bullish reversal. After all, market structure is slowly shifting bullish. Levels to watch: $20.0, $25.0 Keep your long term vision! Philip (BasicTrading)
NASDAQ:INTCLong
by SwingTraderPhilTV
8
Weekly Range bound | 4H swingFellow trader, Eicher motors has broken the range bound market in weekly timeframe, and now the market is re-testing. Aggressive entry : Whoever enter the market immediately after the breakout Conservative entry : Whoever enter after the market re-test. The weekly range bound breakout target is 5684 & the SL for the same is 4548 Now in the re-test, there is a clear formation of a swing in 4H/1D timeframe, after a inverted H&S pattern breakout in 1H timeframe consider to enter the trade based on this swing. Considering the pattern of Weekly or 4H time frame trade can be taken, the SL and Targets are in the chart. The Risk : Reward ratio for the swing is 1:4.47 Sensibull : sbull.co
NSE:EICHERMOTLong
by the_paradox
Update to Dow Jones Industrials Time At Mode Back in 2015 I had published a chart with annual data for the Dow Jones Industrials. I will provide a link at the bottom. The research for this patterning is something I did myself by hand using pencil and paper back in the 1980's. These patterns show up in all time frames. There is plenty of room to enhance the research on this technique and a group of us gather in the chat rooms here at TradingView to discuss new trades that set up and point out when trades expire. Notice how these two grey boxes (which are both 50% drops in price) that expand wider in time from the 1960's to the 1980's and the 2000-2010's had a multi-year trend, followed by a monster crash (1987 was 40% and 2000 was 37%) and then just two+ years later there was a secondary bear market of 20% in 1990 and 22% in 2022. Keep in mind this is just for the DJ:DJI and not the Nasdaq Composite or S&P500 which were greater corrections. The 11-year time frame of the 1999-2011 pattern allows for an 11-year rally from 2012 (which was year 1 of the 11-year rally) shows that time expired. As you can see from the 1943-1962 trend, a smaller 5-year mode formed at the end of the 20 year trend and then the market peaked in 1972-1973 when time expired for the second, smaller mode. I had to reconstruct this chart after the data for the previous chart changed symbol. See the link below to see the original. I look forward to your additional research onto this pattern and its implications to the idea that we are in a similar period to 1993-1994 with rally years of 1996, 1997, 1998, 1999 and 2000 ahead of us. All the best, Tim October 19, 2024 3:31PM EST
TVC:DJI
by timwest
14
Bitcoin Ready to Soar After Breaking Range | First Target: $122K🔹 Bitcoin has finally broken the **key resistance at $104K** after **a month of ranging between $90K and $104K**, signaling the end of its consolidation phase. 🔸 This breakout coincides with a major fundamental catalyst— he inauguration of the new U.S. President (Trump) on January 20*—bringing renewed optimism and buying interest into the market. 🔸 Entry Zone: $104K to $106K 🔸 First Target: $122K 🔸 top Loss: GETTEX:97K 💥 *Technical and Fundamental Convergence: The combination of a critical resistance breakout and significant political events sets Bitcoin on a clear path toward its next major target of $122K. 📈 Don’t miss this powerful opportunity—Bitcoin is ready for another explosive rally!
Long
by arzdigitalistha
Crucial day for NAS100Today is a crucial day for the NAS100 index, as it faces a critical level at 21,245. The price action here will determine the short-term direction of the market. If NAS100 manages to break above 21,245, it could signal a continuation of its upward momentum, potentially reaching new all-time highs, with a target of 22,200 by January 2025. However, if the index fails to break this level and instead stays in a range-bound consolidation for a few days, the price may hover in the current levels, waiting for further clarity. A key support level to watch is 20,700; if the NAS100 refuses to fall below this price, the index could build enough strength to push towards the 22,200 target. On the other hand, if the index breaks below 20,700, it may retest the base of the channel at 20,517. A breach of this level could lead to further downside, with 19,500 as the next target, followed by 18,300. In the worst-case scenario, a breakdown could push the index all the way down to 17,400. Thus, today's price action is vital for determining whether the NAS100 will reach new highs or face a deeper correction.
FUSIONMARKETS:NAS100
by QuantumFusionWave