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MESM May 19: Sitting on hands until 7372 or 7454 breaksMESM analysis for Tuesday, May 19 MESM is still trading inside yesterday’s range, and right now price is sitting around 7400. Because of that, this is not the kind of session where I want to be aggressive in the middle of the structure. On the 4H chart, the key downside level I’m watching is 7372, which is yesterday’s low. If price breaks that level, then I think we could see downside continuation. On the upside, the key bullish confirmation level for me is 7454. If we get a 4H candle close above 7454, then I think the trend could continue higher from there. On the 1H chart, the structure remains range-bound between the marked levels, so I’d rather stay patient than force a trade inside the middle of the range. On the 15M chart, the upside liquidity I’m watching is 7476, while the downside target I’m watching is 7362. Once the higher-time-frame range breaks, those 15-minute targets become more relevant. Key levels 7454 = 4H bullish breakout level 7476 = upside liquidity 7372 = yesterday’s low / downside trigger 7362 = downside target So for today, my plan is: Stay patient while price remains in range If price breaks 7372, watch for downside continuation If we get a 4H close above 7454, watch for bullish continuation toward 7476 Not financial advice. No confirmation, no trade. CME_MINI:MESM2026
CME_MINI:MESM2026
by Zhuge1iang
3
SUNPHARMA Injecting Fresh Momentum?Sun Pharmaceutical Industries Ltd continues to remain one of India’s strongest pharma stocks with consistent earnings growth, healthy margins, and strong institutional confidence. Fundamental Snapshot Market Leader: India’s largest pharmaceutical company ROE: ~16–17% ROCE: ~19–20% Operating Margin: ~28–29% Debt to Equity: Low debt company EPS Growth: Strong and consistent Business Strength: Strong domestic formulations and growing specialty business in the US The company’s stable cash flow generation and improving profitability continue to support long-term growth visibility. Technical Analysis – Rectangle Pattern SUNPHARMA has formed a Rectangle Consolidation Pattern on the weekly timeframe, indicating accumulation after a strong prior uptrend. The stock is now attempting a breakout above the major resistance zone near ₹1850–₹1920. Key Levels Breakout Confirmation: ₹1920 Target 1: ₹2110 Target 2: ₹2280 Positional Target: ₹2560 Support Zone Major Reversal Zone: ₹1661 – ₹1713 As long as the stock sustains above the reversal zone, the broader bullish structure remains intact. A strong weekly close above ₹1920 may trigger fresh momentum toward higher targets. Disclaimer: aliceblueonline.com/legal-documentation/disclaimer/
NSE:SUNPHARMA
by Alice Blue
GBPUSD: Buyer Trap Before Another Drop?GBPUSD has officially broken out of its previous range after failing to hold the key demand area. The break around the 1.3510 zone confirms that buyers are losing control, while the strong bearish move toward the 1.3310 area shows clear selling pressure. The current bounce still looks more like a retracement, not a confirmed bullish reversal. As long as price stays below the 1.3490 to 1.3532 supply zone, the main bias remains bearish. This area could act as a mitigation zone where sellers may look to re-enter the market. The 1.3550 level is also important. If price pushes into that area and gets rejected, it could become a fake-out or liquidity grab before the next bearish continuation. However, if GBPUSD closes strongly above 1.3550 to 1.3580, the bearish scenario needs to be re-evaluated. For now, the main plan is to wait for a pullback into supply and look for bearish confirmation on the lower timeframe. Potential downside targets are 1.3390 to 1.3360, then 1.3310, with the larger demand target around 1.3234 to 1.3217. Overall, GBPUSD is still under seller pressure. Buyers may try to recover, but as long as price only pulls back into supply without reclaiming the structure, the better approach remains sell on rally.
Short
by RakyatTrader
Stellar Wave Analysis – 18 May 2026 - Stellar broke key support level 0.1450 - Likely to fall to support level 0.1355 Stellar cryptocurrency recently broke below the key support level 0.1450 (lower border of the sideways price range inside which the price has been trading from February). The breakout of this support level 0.1450 should accelerate the active impulse wave c of the ABC correction ii from April. Given the overriding daily downtrend, Stellar cryptocurrency can be expected to fall to the next support level 0.1355 – former monthly low from February.
FXPRO:XLMUSDShort
by FxPro
EUR/USD M15 Liquidity Sweep on B S-15 Rejection or ContinuationPrice has been developing a well-defined bearish structure from levels above 1.1730, printing a Lower High confirmed by a Shooting Star pattern, followed by two consecutive Lower Lows that pushed price down to lows around 1.1608. The bearish narrative was clean and consistent with higher timeframe flow. What Happened From the May 17th lows, price executed a strong bullish impulse that culminated in a sweep of the Buy Side Liquidity (B S-15) sitting at 1.16574. This is a textbook Liquidity Sweep above a previous swing high, followed by a tap into the active 4H Fair Value Gap. Key Levels Marked on the Chart Resistance: B S-15 at 1.16574 sweep zone, potential distribution area 4H FVG (upper): 1.1680 – 1.1690 next area of interest on bullish continuation M15 Demand blocks: 1.1600 – 1.1630 expected reaction zones on pullback S-1 & Directional: 1.1670 – 1.1680 daily timeframe supply Scenarios Scenario A — Bearish Rejection (higher probability short-term): price fails to hold above the sweep level and retraces toward M15 demand blocks between 1.1600 and 1.1630, where it could build a new bullish leg targeting the upper 4H FVG. Scenario B — Bullish Continuation: strong M15 closes above 1.16574 with momentum would confirm institutional buying intent, with the 4H FVG between 1.1680 and 1.1690 as the next target. Execution & Conclusion No valid entry without M15 structure confirmation. Price is at a decision point wait for reaction before committing. Disclaimer: Educational analysis only. Not financial advice.
by Victra574
1
BTCUSD : Bearish Continuation After Rectangle BreakdownBased on the current market structure, BTCUSD remains under bearish pressure after failing to sustain the upper distribution area and forming a breakdown from the previous rectangle/range pattern. The break of structure around the support area indicates that sellers are starting to take control of the market, while the current retracement still has the potential to be only a pullback before the next bearish continuation move develops. The 79.061–79.777 area is the nearest priority supply zone to watch. As long as price remains below this zone, the overall market bias remains bearish. If a deeper retracement occurs, the 80.385–80.756 supply zone becomes the next mitigation area and premium zone where sellers may re-enter the market. Main scenarios: Potential pullback toward 79.061–79.777 for imbalance mitigation. If bullish momentum increases, price may perform a liquidity sweep into 80.385–80.756 before another rejection occurs. As long as the market fails to reclaim structure above the main supply zone, bearish continuation remains possible toward the 75.552–74.942 target area. If bearish pressure continues to dominate, the next downside expansion could extend toward the major support area around 73.555. Structurally, the current movement still reflects a bearish continuation scenario following a completed distribution phase and liquidity sweep at the upper range. Invalidation: This bearish scenario becomes invalid if price manages to break out and close solidly above the 80.385–80.756 supply zone with strong acceptance above the resistance area. If that happens, the market structure could shift back into a bullish continuation scenario.
BINANCE:BTCUSDTShort
by RakyatTrader
Selena | USDJPY 4H – Bullish Recovery Inside Ascending StructureFX:USDJPY Structure | Trend | Key Reaction Zones USDJPY continues respecting the ascending channel structure while reacting from the mid-demand support zone near 157.0–157.5. Price is currently attempting recovery after a sharp liquidity sweep and rejection from lower support. Market Overview The market remains structurally bullish on the higher timeframe as long as price holds above ascending support. Recent price action suggests accumulation inside the channel, with buyers attempting continuation toward higher liquidity near the upper resistance region around 162.0. Key Scenarios ✅ Bullish Case 🚀 🎯 Target 1: 159.50 🎯 Target 2: 161.00 🎯 Target 3: 162.00 ❌ Bearish Case 📉 🎯 Target 1: 156.00 🎯 Target 2: 154.50 🎯 Target 3: 152.50 Current Levels to Watch Resistance 🔴: 159.50 – 162.00 Support 🟢: 157.00 – 157.50 ⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice.
Long
by Gold-Thoughts-by-Selena
5
GOLD (XAUUSD): Technical Analysis & Important Things to Watch Gold is currently consolidating within a narrow horizontal range on a daily. The price is stuck between 4739 - 4774 resistance and 4628 - 4684 support. For now, I am expecting Gold to continue consolidating and trading in sideways. When the market volatility spikes again, use a breakout of one of the boundaries of the range and a daily candle close below support / above resistance as a confirmation. The market will likely reach 4831 level after the current resistance breakout. 4524 support will be reached in case of the support breakout. The main focus for today is US PPI data and Crude Oil inventories. It can be the trigger. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDLong
by VasilyTrader
1
Clear Breakout / CRV Analysis (1D)According to the wave counting principle, we can clearly see that CRV has finished its five-wave impulsive movement. Now it's time for a larger correction pattern known as A-B-C. Price has accumulated long enough for this to happen. Breaking out from this accumulation box is the first confirmation; the waves are the second. We also have a nice trigger event here. Look at the trendline and how it was broken by a high-volume candle. Distribution lies ahead. Time to get out of the short positions. Ride with the road. Skyress.
BINANCE:CRVUSDTLong
by vs_sayin
1
BTCUSD — Bearish Rejection at Supply Zone | Daily Chart AnalysisI observed a strong bullish recovery after price transitioned out of a significant demand zone near the $70,500 region and began reclaiming higher levels with increasing momentum. The market initially traded within a corrective and consolidating range, showing controlled price action before buyers gradually gained control and initiated a sustained impulsive expansion to the upside. Following the breakout from that base, price established a sequence of higher lows and continued respecting a rising short-term channel structure. The bullish movement remained organized and consistent, indicating sustained buying pressure rather than a temporary spike driven by emotion. The market printed clean swing points at each leg of the move, respecting both the lower and upper boundaries of the channel with notable discipline. As price approached the $82,000 region, momentum began showing early signs of exhaustion and the market started compressing beneath a local supply zone near the recent highs. The current structure shows price reaching into a highlighted supply region between $82,000 and $83,500, where a visible rejection has begun forming. The candlestick behaviour near this zone reflects a shift in short-term order flow, with buyers losing their grip after an extended push and sellers beginning to assert control. The market is now consolidating just below that supply area, maintaining bearish positioning near the highs following the rejection. Two key reference levels have been identified below current price — the VPC zone near $79,000, which represents a short-term equilibrium and value area, and the PC level near $75,000, which marks the next significant structural support and a natural retracement target if selling pressure continues. Currently, price is reacting from a key supply region after a sustained bullish expansion from the lower demand zone, and the short-term structure is beginning to show signs of a corrective phase. Speculative Outlook: Price is now interacting with an important resistance region, making this area a critical decision point for near-term direction. If sellers maintain control and the supply zone continues to hold, price may lose the short-term bullish structure and initiate a deeper pullback toward the VPC level near $79,000, with a broader corrective move potentially targeting the PC region around $75,000. This would represent a healthy retracement following the extended rally from the $70,500 demand zone. There is also a possibility of a brief liquidity sweep above the current highs, where price temporarily pushes into the $83,000 to $83,500 area to capture resting orders before rotating downward into a more meaningful corrective retracement. This type of move would be consistent with the overall distribution behavior observed near the supply zone. However, if buyers successfully reclaim the supply region and price achieves a sustained close above $83,500, the corrective scenario would be invalidated and the market may continue expanding into higher resistance levels. This would shift the structure back into a bullish continuation phase and open the door for a move toward the $85,000 to $87,000 range. The current region therefore remains critical for determining whether the market transitions into short-term distribution or resumes its broader upward trend. The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Always conduct your own research before making any trading decisions. — The-Analyst-Club | Trading View | May 08, 2026
CRYPTO:BTCUSDShort
by The-Analyst-Club