GOLD trending higher: Can buyers push towards 3,350$?Right now OANDA:XAUUSD is a classic case of a market trading within an ascending channel, with price action consistently respecting both its upper and lower borders.
The price has broken above a clear resistance zone and may pull back for a retest. This area also happens to coincide with the golden pocket of the recent swing and so it deserves special attention. If it holds as support, then that would be a confirmation of the bullish structure with the most likely possibility of a move towards 3,350, the middle side of the channel.
As long as the price stays above this support zone, the validity of the bullish setup is still there. If it does not, the short-term bullish outlook would therefore be interrupted and might be followed by further downside pullback.
Be sure to use proper risk management always.
Trendpattern
Pimp Your Indicators – A Smoothed Take on RSIYou don’t need to reinvent the wheel to find new and effective trading tools. Often, enhancing classic indicators with a few thoughtful modifications can yield surprisingly powerful results. Here’s a simple yet effective way to upgrade the RSI and turn it into a more actionable entry signal.
The Relative Strength Index (RSI) is a widely used oscillator that ranges from 0 to 100, providing a measure of upside momentum within a given timeframe. For example, an RSI reading of 60 implies a 60% upside dominance based on recent price action. Traditionally, traders interpret levels above 70 as overbought and below 30 as oversold. However, RSI on its own isn’t reliable as a standalone entry trigger. An overbought reading doesn’t necessarily mean the market is losing strength—it simply indicates recent data reflects a strong upward move.
Smoothed RSI Approaches
To extract more useful signals, we can enhance the RSI in a couple of simple but effective ways:
1. RSI vs. RSIMA (RSI Moving Average):
One approach is to smooth the RSI itself by calculating a moving average of the RSI (call it RSIMA), and then observe the difference between the RSI and its moving average. A positive difference suggests bullish momentum; a negative one, bearish. This approach reduces some noise but can still result in a choppy indicator, as seen in the subplot of the reference chart.
2. RSI on Smoothed Price (RSI5M):
A more refined method involves smoothing the price before calculating RSI. Specifically, apply a 5-period EMA (Exponential Moving Average) to the price series, then compute the RSI on this smoothed series—let’s call it RSI5M. The key insight is to then analyze the difference between RSI5M and the standard RSI. This difference creates a smoother, more robust signal that better captures market bias.
Why It Works
In uptrends, the EMA(5) smooths out short-term fluctuations and highlights the prevailing trend more clearly than raw price data. As a result, RSI5M tends to rise faster and higher than the standard RSI. The difference between the two becomes positive in uptrends and negative in downtrends, making it a useful gauge of directional momentum. This effect is illustrated in the lower subplot of the reference chart, where the smoothed signal offers a clearer view of market regimes.
Ready-to-Use Script
If you're not into coding, you can explore the public script of the Parsifal.RSI.Trend indicator on TradingView. It implements a slightly refined version of this smoothed RSI differential and provides a clean visual cue for trend bias.
Massive Move Incoming? CCL PRODUCTS LTD Price Prediction!Trade Recommendation
Buy Strategy
Entry Point: ₹850-860 (after confirmation of breakout above the Strong High)
Target Price: ₹928 (next resistance level)
Stop Loss: ₹800 (below nearest support zone)
Sell Strategy
Entry Point: Below ₹850 (if rejection happens near the Strong High)
Target Price: ₹700 (next support zone)
Stop Loss: ₹900 (above resistance level)
Technical Observations
Resistance Zones: ₹900
Support Zones: ₹700
RSI: Check for overbought or oversold levels to confirm entry
GBP/USD | Wave 5 Loading?Hey traders 👋,
We're setting up for what could be a textbook Wave (5) breakout on the 4H GBP/USD chart. After a clean corrective pullback to the golden zone (0.618–0.705), bulls are stepping back in. Here’s the technical story:
⚙️ Technical Breakdown:
✅ Elliott Wave Structure:
Wave (4) seems complete following a controlled retracement. If this count holds, Wave (5) should extend us toward 1.34400+ and possibly 1.36300, aligning with fib extensions and previous impulse behavior.
📏 Fib Retracement:
Wave (4) respected the 0.618–0.705 zone perfectly (1.32235–1.32047), a classic launchpad in bullish cycles. Buyers showed strong interest here—textbook bounce material.
📊 EMA Stack (20, 100, 200):
Price is holding above the 100 and 200 EMAs, with the 20 EMA curling upward. If we get a clean cross and hold, that’s further confirmation of bullish continuation.
📉 RSI:
Sitting around 53, giving us enough room to run without immediate overbought pressure. RSI holding above 50 typically aligns with bullish continuation patterns.
🚨 Levels to Watch:
🔑 Entry zone: 1.32200–1.32400 (golden pocket pullback)
🎯 Target zone: 1.34400 ➜ 1.36300 (Fib + Wave 5)
❌ Invalidation: Clean break below 1.31770
🧠 Final Thoughts:
Structure is clean. Momentum is building. Fundamentals aside, this chart is screaming setup potential.
📢 What’s your take on this setup?
Drop your thoughts 👇 and don’t forget to like if you’re bullish too 🟢
@WrightWayInvestments
@WrightWayInvestments
@WrightWayInvestments
UPDATE XAUUSD 30mOANDA:XAUUSD Good Afternoon trader, Update XAUUSD 30m 19/05/2025
If the market is not strong enough, the pattern may find another support level in the demand zone (3195–3207). However, our analysis still supports a bullish trend based on the 4-hour timeframe.
Stay keep your money with your trade strategy and risk reward plan. Thankyou
Disclaimer ON!
GBPUSD - Liquidity Grab & BoS Signals Bearish ReversalSmart Money Concepts (SMC) Analysis
1. Liquidity Sweep & Break of Structure (BOS):
Price consolidates above a trendline with multiple rejections (blue lines).
A liquidity grab occurs below this trendline – classic inducement setup.
After the grab, a bearish BOS (break of structure) is confirmed with a strong candle closing below the trendline and recent lows.
2. Order Block:
Price retested a 4H bearish order block (grey shaded zone) before rejection. This OB aligns with the last bullish candle before the drop.
Rejection from the OB confirms institutional interest (SMC).
3. Imbalance / Fair Value Gap (FVG):
The drop left a minor imbalance zone, suggesting possible continuation down to fill the inefficiency.
Price Action Analysis:
1. Trendline Break:
Ascending trendline has been broken with strong bearish momentum.
Indicates a shift from higher lows to lower lows → possible trend reversal.
2. Supply Zone Respect:
The price failed to make a new high and was firmly rejected at resistance.
Double top or lower high formation adds bearish confluence.
3. Target & Risk-Reward:
The trade setup indicates a short entry just below trendline break.
Target around 1.29393, likely based on previous demand zone or liquidity pocket.
Stop above 1.33664, likely above the OB or structural high.
Solid RRR (>3:1) visible.
Confluences Supporting Bearish Bias:
Break of internal structure (Price Action)
Liquidity sweep below trendline (SMC)
Bearish Order Block rejection (SMC)
Strong bearish engulfing candle
Favourable RR trade plan
Conclusion:
This is a high-probability bearish setup combining a trendline liquidity sweep (inducement), break of structure, order block rejection, and efficient risk-reward positioning. The price is expected to target 1.29393, aligning with a previous demand or liquidity zone.
Thanks for your time..
Weak Low in Trading RangeVery weak low in this range shown at the horizontal ray. I expect this to be taken out at some point to "grab" liquidity. Fairly large HVN also though which could suggest a bounce as buyers defend.
When this range breaks I am unsure if it will break up or down. EUR/USD trading fairly high and dollar sentiment seems to be picking up a little, so I think it will break low, however the technical outlook says it will break up.
As mentioned previously, on the daily/weekly chart we have one half of a very clean head and shoulders and the exact mirror image on the DXY chart. So lets see.
EURCHF new bearish push expecting
OANDA:EURCHF FALLING WEDGE we are have, in moment its be breaked, price is also be and on trend line with FW, i am expect price will continue pushing, but looks like we will have break of trend line and bounce on sup zone 0.93950
SUP zone: 0.94000
RES zone: 0.92450, 0.92000
Equity Research Update – Paras Defence and Space Technologies CMP: ₹1,143 | Upside Potential: High
Paras Defence has broken out of a strong resistance zone (~₹1,120–₹1,160), confirmed by significant volume and bullish momentum. The RSI shows strength above 70, indicating buyer dominance. Historical resistance, marked by previous rejections, may now act as strong support. If sustained, this breakout could lead to a fresh uptrend. Investors may consider accumulating on dips with a medium-term target of ₹1,300–₹1,350, keeping a stop-loss below ₹1,080.
Recommendation: BUY on Breakout Confirmation
For Education Purpose only
A Long-term Bullish Trend ?With an upcoming Earnings report we can observe rather uncertain future behavior.
But since the trend has been bearish for a longer period of time and the price is "nearly" at the same position which was achieved for the first time in early April in 2019, we can, mostly based only on the technical analysis and Earnings report, determine quite confidently that the price is ready to rise.
Important data:
EPS Estimate: -$3.12
Revenue Estimate: $106 million to $166.7 million
Notable developments:
Cost-cutting initiative = Targeting $1.1B in reductions by 2027
By the end of 2024 $9.5 billion allocated in investments
USDT.DSecond Point:
The USDT Dominance on the daily timeframe is showing the exact opposite behavior of Bitcoin. It has reached a supportive trendline which, for the past 3 months, has led to a reversal every time the index has touched it — pushing the market one level lower. And now, we're back at that critical zone again.
Will things be different this time?
This current touch appears to be a wave F, and perhaps we could even consider a potential wave G, which would imply one final leg up for USDT Dominance. However, there’s no certainty. There’s also the possibility that the trendline breaks, tether gets deployed, and the market becomes just a little — just a little — more pleasant.
We're literally on the edge right now, and this is where market pumps and dumps tend to occur — right in these key zones.
When will the situation become clear?
We have an important time zone coming up, and it’s likely that within the next couple of days, market makers will show their hand.
What do you think will happen?
Trendline breaks → Market pump
Trendline holds → Market dump ❤️
AUDUSD bullish continuation still to expect
FX:AUDUSD we are have break of CHANNEL, break of long trend line, price is make revers, now its on strong sup zone and from here new bullish push expecting.
USD showing self weak still, continuation expecting, +we are not see some special moves here.
SUP zone: 0.62500
RES zone: 0.64400, 0.64900, 0.65400
How to use MAD Indicator to capture trend and reversals?Market Anomaly Detector (MAD): Real-Time Performance Analysis
Overview
The Market Anomaly Detector (MAD) Indicator efficiently identifies market momentum shifts and volatility breakouts, clearly marking bullish and bearish opportunities . This real-time chart demonstrates the practical efficacy of MAD in capturing timely market entries and exits.
Indicator Functionality
Mainline (Blue Line): Static reference indicating general market context about the trend (non-trading but act as support and resistance sometimes.
Upper Band (Green Line):
Buy signal when price closes above, indicating potential bullish continuation.
Sell signal triggered if price closes back below, indicating bearish reversal.
Lower Band (Red Line):
Sell signal when price closes below, confirming bearish momentum.
Buy signal activated if price closes back above, signaling bullish recovery.
Performance Insights (from attached chart)
Timely Bullish Signals
Strong bullish signals clearly marked with green backgrounds as price closed decisively above the green band, capturing rapid upward momentum.
Reversal entries triggered effectively as price reclaimed and sustained above the lower red band, indicating bullish recovery.
Accurate Bearish Entries
Precise bearish signals generated consistently upon the price closing below the lower red band, accurately capturing sustained downward movements.
Price rejection at the upper green band confirmed bearish reversals, signaling timely market exits.
Volatility and Momentum Clarity
Contraction phases reliably indicated reduced market activity, clearly distinguished from momentum-driven expansions.
Band expansion highlighted impending volatility, providing actionable insights for traders.
Key Takeaways
✅ Accurate bullish/bearish signal generation at key band interactions.
✅ Consistent reliability in pinpointing volatility-driven market shifts.
✅ Effective filtering of market noise, ensuring clarity in real-time analysis.
✅ Strong alignment of signals with subsequent market trends and reversals.
This performance snapshot reinforces MAD's utility as a robust analytical tool for traders navigating complex market conditions.
Mastering Market Trends: Your Guide to Clearer Trading DecisionsTrends shape every decision you make in the markets, even if you’re unaware of it. Understanding how to identify and adapt to these market phases is your foundational skill - one that separates successful traders from the rest.
Today, let’s simplify and clarify the three essential types of market trends. By mastering this, you’ll approach trading decisions with more confidence and clarity.
⸻
📈 1. Uptrend – Riding the Bull
• What is it?
An uptrend is like climbing stairs upward. Each step (low) is higher than the previous one, and every leap (high) sets a new peak.
• What drives it?
Buyers dominate, optimism rules, and demand pushes prices upward.
• Trading tip:
Identify support levels and look for retracements as potential entry points. Be cautious about chasing prices that have moved too far without a pullback.
⸻
📉 2. Downtrend – Navigating the Bearish Territory
• What is it?
Visualize going down a staircase. Each step down (low) surpasses the previous one, and every upward bounce (high) falls short of the prior peak.
• What drives it?
Sellers control the market, bearish sentiment takes over, and supply outweighs demand.
• Trading tip:
Look for resistance areas to identify potential short entries or wait patiently for signs of a reversal if you’re bullish.
⸻
➡️ 3. Sideways Market – The Calm Before the Storm
• What is it?
Imagine a tug-of-war with evenly matched teams. The price moves back and forth in a narrow range without breaking decisively higher or lower.
• What drives it?
Uncertainty, indecision, or equilibrium between buyers and sellers.
• Trading tip:
Stay patient! Either look to trade range extremes (buying support and selling resistance) or wait for clear breakout signals to catch the next big move.
⸻
🔍 Pro Tip for Trend Analysis:
• Multi-timeframe analysis is key: Always check higher timeframes (weekly, daily, or hourly) to confirm the primary trend. Don’t let short-term noise mislead your trading decisions.
⸻
🚀 Why It Matters:
Aligning your strategies with the correct market trend significantly improves your odds. It’s like sailing with the wind at your back instead of battling against it.
Now, tell us in the comments: Which trend type do you find most challenging to trade?
Trade smarter. Trade clearer.
Market Consolidation Key Levels for Profitable Moves and 1000Hey Trader! 👋
Market in Range Consolidation – Time to Make Smart Moves! 🔥
Right now, the market is consolidating in a tight range between 3015 to 3030, creating a perfect opportunity to sell at resistance and buy at support. 📉📈 The price action is bouncing back and forth, and our strategy is simple—wait for the range break to confirm the next big move! 🚀 If we get that break, we're looking at 1000 pips profit potential! 💰
🔑 KEY LEVELS:
- BUY at3050: Watch for a potential breakout above this level! If the market pushes past here, we could see a new all-time high (ATH) and 3100 isn't too far off for gold! 🏅✨
- SELL at 3000: First, let’s see if the market sweeps this level. If it does, we could be headed to **2970**—another great opportunity to capitalize on the bearish move! 📉
As always, follow risk management to protect your capital. 📊🔒 Set your stops and position sizes wisely, and stay patient as we wait for that key range break to confirm the trend! 🛑⚖️
Ready to make moves? Let’s keep an eye on these key levels and let the market come to us! 💪💥
Perfect Bearish Setup Trendline Breakout Alert!Hello Trader! 👋
Scenario 1: 📉
Picture this: You're analyzing a solid bearish trend on the M3 or H1 chart, and you've just spotted a trendline break with serious potential for a sell opportunity. 🔥 The momentum is strong, and everything aligns perfectly. 🚀 The market is pushing lower, and it looks like it’s ready to move further down.
The entry signal is solid, confirming a valid opportunity to take a short position! 📉
Now, the exciting part—the target zone! 🎯 We’re eyeing a liquidity area around 3000, which is a key level where price could see some action. 🔄 But wait, there's more! Your secondary target level is around 2990, which could offer even more potential for profit as the market drives lower. 💰
Of course, always follow your risk management**—control your position size, set your stops wisely, and let the market do the work! 🛑⚖️ Trading is all about discipline , and with the right mindset, you'll maximize those winning moves. 🏆
Stay focused, keep an eye on the price action, and be ready to react! 💪 Let’s trade smart and make those profits! 😎💥
EUR/GBP 4H | Sell Opportunity After Resistance Rejection The EUR/GBP pair has been in a downtrend, with lower highs and lower lows forming. Recently, price rejected a key resistance zone and is now continuing its bearish momentum.
🔎 Key Observations:
✅ Resistance Levels: 0.83598 - 0.83910 acted as a strong rejection zone.
✅ Sell Confirmation: Price has broken below minor support and is now moving downward.
✅ Bearish Expectation: The next major support target is 0.82618.
📌 Trading Plan:
🔻 Sell on pullbacks near resistance levels (0.83598 - 0.83676).
🔻 Target: 0.82618 as the next key support.
🔻 Stop-loss: Above 0.83827 to minimize risk.
🚨 Risk Management Tip: Always maintain a good risk-reward ratio and wait for confirmations.
💬 What’s your take on this setup? Are you looking to sell or waiting for a better entry?
USOIL To Retest $70.5I'm watching TVC:USOIL for a strong push towards at least the $70.5 level, though this area presents significant resistance.
A confirmed break of the bearish trend could fuel strong buying momentum, but patience is key.
Ideally, I’d like to see a solid rejection off the $68.5 level as confirmation before a move higher.
If we get a decisive breakout above $70.5 with sustained bullish momentum, my next target would be the major resistance around $75.
BTC time cycle analysis for the next cycle topBTC time cycle analysis for the next cycle top
1. Blue line is the time period in which the previous cycle top breaks ( appox 1050 days )
2. Red line is the time period in which btc make a new top after that breakout ( appox 350 days )
3. White line is the time period of the cycle low to the top ( appox 1010 to 1060 days )
4. Yellow line is the time period after the halving btc defines the top ( appox 525 days )
5. Fib extension tool level 1.618
6. AB=CD pathern
As we can see history repeats itself btc is following this time cycle analysis over the past cycles, So if the history repeats again we can expect the level of (110,000)
GBPJPY still bullish for expect
GBPJPY price is bounce 3 times on trend line, we are have and strong, long zone, which is be and breaked, we are not see some to long bullish push, price is revers what is done, currently from here expecting to see new bullish trend.
SUP zone: 190.150
RES zone: 194.250, 195.400
Bitcoin’s Battlefield: Support, Resistance and Trade SetupsBitcoin’s price has been showing signs of a sustained downtrend after forming a double top pattern. The recent action, combined with low volume and failure to breach key resistance zones, points to a likely retest of lower levels. Over the weekend, the price couldn’t break past the 85K resistance, and the low trading volume around this level suggests that buyer interest is waning.
6H TF Chart:
Big Picture vs. Short-Term Action
On a higher timeframe (6H), my indicator neatly outlines the bear market of 2022 and the bull market that started in early 2023—when the “cloud” turned green, signaling a shift in momentum. The cloud's lower boundary is currently at $73,364, which is key. Imo, holding above 70K is critical for keeping that bullish vibe alive.
1H TF Chart:
Switching over to the 1H chart, the picture shows a bearish structure. The upper resistance around 95K (which aligns with the yearly open near $93,455.85) is proving a solid resistance. The anchored VWAP from the all-time high also sits right at this level, adding more weight to the resistance. Bulls need to clear this yearly open to signal a true recovery.
Key Levels & Confluence Zones
1.) Upper Resistance – 93K to 95K:
The 95K zone aligns closely with the yearly open ($93,455.85) and the anchored VWAP from the all-time high, both acting as resistance.
Daily moving averages (62 EMA at ~$91,316 and 62 SMA at ~$94,900) provide further confluence.
Additional resistance between 85K-86K.
2.) Critical Support – 73K to 70K Zone:
The lower edge of the cloud on the 6H timeframe sits around 73K.
The 0.382 Fibonacci retracement (from the low at $15,473.78 to the all-time high at $109,354) is at $73,492, while the 0.618 retracement (from $49,217 to the all-time high) is around $72,205.
Moving Averages on Weekly Chart: The weekly 62 EMA ($72,919) and 62 SMA ($71,590) align well with this support region.
Additional Support: A bullish monthly order block at $71,320 adds another layer of confluence.
Psychological Importance: A hold above 70K is critical to maintaining bullish momentum.
3.) Monthly Open – $83,385.74:
This level serves as a pivot: price is currently hovering below it. A reclaim by bulls would be a positive sign for higher price action, while a rejection reinforces the bearish setup.
Trade Setups
Long Trade Setup:
Entry: Consider laddering in between 75K and 70K as the price retests support.
Take Profit: Aim for the monthly open (~84K) initially, and if support holds and flips, a move toward 90K could be considered.
Stop Loss: Set below 70K to protect against a further downturn.
Short Trade Setup:
Entry: A short setup can start at the monthly open, using a laddering approach between 84K and about 86.9K.
Take Profit: Target the previous low or 74K.
Stop Loss: Place just above 87K to keep risk in check.
Thank you for taking the time to read through this technical analysis. I hope it provides valuable insights for your trading decisions. Happy trading!