Candlestick Analysis
USDCAD: Bearish Move From Resistance 🇺🇸🇨🇦
USDCAD is going to retrace from a key daily resistance.
A bearish imbalance candle that the price formed after its test
during the Asian session provides a strong intraday bearish confirmation.
Goal - 1.3707
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5 Proven Tricks to Trade Without FOMO After Missing Your TriggerYo traders! In this video, I’m breaking down what to do if you miss a trading trigger , so you can stay calm , avoid FOMO , and still catch the next move. We’re diving into five solid strategies to re-enter the market without losing your cool:
Buy on the pullback zone.
Buy with an engulfing candle after a pullback.
Buy after breaking the resistance formed by the pullback.
Buy after the second wave with an indecision candle.
Buy after breaking a major resistance post-second wave, confirmed by RSI or momentum oscillators.
These tips are all about keeping your trades smart and your head in the game. For more on indecision candles, check out this lesson . Wanna master breakout trading? Here’s the breakout trading guide . Drop your thoughts in the comments, boost if you vibe with it, and let’s grow together! 😎
3 Reasons Why Goldman Sachs (GS) Still Looks Bullish🚀 3 Reasons Why Goldman Sachs (GS) Still Looks Bullish (Despite a Bearish Candle)
Goldman Sachs is in a bullish trend, but the latest candlestick is flashing a warning. Here's why GS still looks strong — and what to watch for next 📈
1️⃣ Candlestick pattern – long upper shadow
The long upper shadow shows sellers pushed the price down from the highs, signaling resistance. While bearish short-term, it often happens during strong trends as the market breathes before pushing higher.
2️⃣ High volume on a bearish candle
The negative volume shows resistance, but it may actually represent bear exhaustion. High volume without a breakdown
suggests bears tried to push it down — and failed. Classic fake-out.
3️⃣ Volume oscillator still rising
Despite the pullback candle, the volume oscillator is holding above zero and trending up, showing momentum is still on the bulls' side.
🔥 Rocket Booster Strategy still intact
✅ Price above 50 EMA
✅ Price above 200 EMA
⚠️ Just a temporary shakeout? If the next candle confirms support, GS may continue the bullish push.
⚠️ Disclaimer: Always use a simulation (demo) account before trading with real money. Learn proper risk management and profit-taking strategies to protect your capital.
Gold’s Last Stand? Major Retest at 3310–3300 Under the influence of negative news, gold today fell below the recent low of 3320 and continued to fall to around 3310. The current gold structure looks particularly obvious, the center of gravity of gold gradually moves downward, and the short trend is extremely obvious; however, as gold repeatedly probes the 3320-3310 area, we can clearly see the resistance of gold to falling, and multiple structural supports are concentrated in the 3320-3300 area. So as long as gold does not fall below this area, gold bulls still have the potential to rebound.
However, for now, after experiencing discontinuous sharp rises and falls, gold needs to undergo a short-term technical repair, so it may be difficult for a unilateral trend to appear in the short term. So I have reason to believe that gold will focus on rectification and repair next. The important resistance area we have to pay attention to above is in the 3340-3350 area; and the important support below is in the 3310-3300 area.
Currently, gold is fluctuating in a narrow range around 3340, and the short-term rebound momentum is sufficient, but I still believe that gold will fall back again and test the support of 3320-3300 area after consuming the bullish energy. So for short-term trading, first of all, I advocate shorting gold in the 3340-3350 area, and expect gold to retreat to the 3320-3300 area during the consolidation process.
3340-3300: Lock in the buy high and sell low in this area!Under the influence of unemployment benefits and zero monthly sales data, gold fell sharply in the short term, but it did not effectively fall below 3310 during multiple tests, effectively curbing the further downward space of the shorts. Multiple structural supports are also concentrated in the 3310-3300 area, so as long as gold does not fall below this area, gold bulls still have the potential to rebound.
However, for the current gold market, it may be difficult to see a unilateral trend in the short term. After experiencing discontinuous surges and plunges, gold may focus on consolidation and repair, and the consolidation range may be limited to the 3340-3300 area.
So for short-term trading, first of all, I advocate going long on gold in the 3320-3310 area, and expect gold to rebound and reach the 3330-3340 area;
If gold reaches the 3335-3345 area as expected, we can start to consider shorting gold, and expect gold to step back to the 3320-3310 area during the shock and rectification process.
Nifty Analysis EOD – July 17, 2025 – Thursday🟢 Nifty Analysis EOD – July 17, 2025 – Thursday 🔴
📉 Sellers Grip Expiry Day — Big Move Loading?
Nifty started again with an OH (Open = High) formation and slipped down 94 points before 10:30 AM, marking the day’s low at 25,144. During this fall, it broke the support zone of 25,212 ~ 25,180. Although a retracement followed, it couldn’t sustain above the mean and eventually broke below the previous day’s low (PDL), closing at 25,111.45.
The weekly expiry was wild and volatile — especially from 12:30 to 2:30 PM. Interestingly, if we consider the total range of the last three sessions, it is just 166 points — well below average. This suggests a phase of consolidation. A significant move may emerge once Nifty decisively breaks the broader zone of 25,000 to 25,255.
🕯 5 Min Time Frame Chart with Intraday Levels
🕯 Daily Time Frame Chart with Intraday Levels
📊 Daily Candle Breakdown
Open: 25,230.75
High: 25,238.35
Low: 25,101.00
Close: 25,111.45
Change: −100.60 (−0.40%)
Candle structure breakdown:
Real body:
Red candle (Close < Open): 25,230.75 − 25,111.45 = 119.30 points → Decent-sized bearish body
Upper wick:
25,238.35 − 25,230.75 = 7.60 points → Very small
Lower wick:
25,111.45 − 25,101.00 = 10.45 points → Small
Interpretation:
Nifty opened slightly lower, made a weak attempt upward, then saw consistent selling throughout the day, closing near the session’s low. The negligible wicks indicate that sellers were in full control, and buyers had little room to fight back.
Candle Type:
A strong bearish candle (almost Marubozu) with very small wicks → Clear dominance by sellers.
Key Insight:
The test of the 25,100 zone again shows weakening bullish strength.
If the next session breaks below 25,100, the fall may extend toward 25,000–25,050.
For bulls to regain short-term momentum, a close above 25,200–25,220 is necessary.
🛡 5 Min Intraday Chart
⚔️ Gladiator Strategy Update
ATR: 176.62
IB Range: 60.85 → Medium IB
Market Structure: Balanced
Trades Triggered:
🕒 10:53 AM – Long Trade → Trailed SL Hit Profit (R:R = 1:0.42)
🧭 What’s Next? / Bias Direction
The market is coiling within a narrow range across multiple sessions, hinting at a potential breakout move.
📌 Watch Zone: 25,000 to 25,255
🔻 A break below 25,000 may open 24,950–24,900
🔺 A close above 25,260 could drive price toward 25,350+
Bias remains neutral-to-bearish unless bulls reclaim 25,220 decisively.
🧱 Support & Resistance Levels
Resistance Levels
25,168
25,180 ~ 25,212
25,260
25,295 ~ 25,315
Support Levels
25,125
25,080 ~ 25,060
25,000 ~ 24,980
24,965
🧠 Final Thoughts
"Structure is key. When levels work, respect them. When they break, adapt."
Three sessions of compression hint at expansion soon — stay alert and trade level-to-level with discipline.
✏️ Disclaimer
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
Treat it as a long-short wash-out shock, and go long on pullback📰 News information:
1. Initial jobless claims data
2. June retail data
3. Beware of Trump's remarks about firing Powell
📈 Technical Analysis:
Last night, the daily line closed at around 3347. The current short-term daily line range is 3355-3300. The short-term support below is still 3320. Once it falls below 3320, it will look to 3310-3300. Short-term trading is still volatile. If the intraday retracement reaches 3320-3310, consider going long, and the defense is 3300, with the target at 3340-3350. Under the current rhythm of long and short wash, don't chase the rise and sell the fall, look at it rationally, and brothers who trade independently must bring SL.
🎯 Trading Points:
BUY 3320-3310
TP 3340-3350
In addition to investment, life also includes poetry, distant places, and Allen. Facing the market is actually facing yourself, correcting your shortcomings, facing your mistakes, and exercising strict self-discipline. I share free trading strategies and analysis ideas every day for reference by brothers. I hope my analysis can help you.
FXOPEN:XAUUSD OANDA:XAUUSD FX:XAUUSD FOREXCOM:XAUUSD PEPPERSTONE:XAUUSD TVC:GOLD
Congestion Action vs Congestion Exit – Mastering the TransitionWhen markets go quiet and churn sideways, it’s easy to get lost in the noise. But inside that congestion lies opportunity — if you understand the difference between "Congestion Action" and "Congestion Exit." Here’s how to apply Drummond Geometry to trade these phases with precision:
🔹 Congestion Action
Congestion action is when the market is not ready to trend — it's swinging back and forth within a defined range, between a strong block level and a well-established dotted line. Think of it as a "resting zone" before the next directional move.
📏 Original Confines: Highest high and lowest low after a congestion entrance as shown on the chart
🚧 Expanded Confines: Price temporarily breaks out of the range but doesn’t establish a trend (3 closes on the came side of the PLdot (blue line)).
🧲 This is where scalpers and range traders thrive. Look for setups near envelope confines and use nearby energy fields.
✅ Trade Plan: Play the range — buy support, sell resistance — until proven otherwise.
🔸 Congestion Exit
This is when the market transitions from ranging to trending — a trend run begins from within the congestion zone.
🚀 First bar of a new trend closes outside the congestion confines (either the block level (highest high on the chart) or the dotted line (the low on the chart)).
📊 The next bar must confirm with a trend run close — if not, it’s a failed breakout. You can see on the chart that price tried to trend lower but the trend was not confirmed!
⚡ Patterns to watch:
Energy pushing in the direction of the exit (PL Dot push, c-wave continuation).
6-1 lines against the breakout direction disappear.(Not visible in this version)
Resistance/support against the exit breaks.
✅ Trade Plan: Enter on breakout confirmation, not just the breakout bar. Measure energy and watch the follow-through.
🧭 Tip:
Don't get faked out. If price re-enters congestion after a breakout, re-draw the boundaries — the old congestion is no longer valid.
🔥 Bottom Line:
Congestion Action is where the market breathes. Congestion Exit is where it moves. Mastering the handoff between the two gives you a decisive edge.
If Mother Line Support will hold, we might see a C&H formation. Although we saw a negative closing today, the chart suggests that if Mother line support will hold we might see a reversal and a Cup and Handle Formation in the near future. Cup and Handle formation is a great pattern which can help us reach the previous high and surpass it. If it happens or not only time can tell.
Supports For Nifty right now remain at: 25035, 24930 (Important Mother Line Support of Daily chart), 24759 and 24503. If 24503 is broken then there will be overall weakness in the market and we can see Nifty plummeting to 24097 (Father Line Support of Daily chart). Just below 24907 there will also be the mid channel support of 23929. (Just in case we reach there).
Resistances For Nifty Remain at: 25248, 25400, 25613 and 25915 seems to be the channel top as of now.
Nifty is delicately placed and the support of 24930 and Resistance of 25248 are the key levels to be watched. Above 25248 Bulls become strong. Below 24930 Bears become strong. Right now we are in no man's land with shadow of the candle slightly negative. If we see a bounce tomorrow or from the Mother line the shadow will has potential to turn positive later in the day tomorrow or next week.
Short term Outlook: Neutral to negative.
Medium Term Outlook: Neutral to Positive.
Long Term Outlook: Positive.
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.
NEARUSDT Daily Chart Analysis|Strong Breakout & RSI ConfirmationNEARUSDT Daily Chart Analysis | Strong Breakout & RSI Confirmation
🔍 Let’s break down the latest NEAR/USDT daily chart, spotlighting critical resistance, target levels, and momentum signals.
⏳ Daily Overview
NEAR has confirmed a bullish breakout above its long-term descending trendline. This move comes with a surge in price and a strong daily candle—clear evidence of renewed bullish momentum.
📊 Momentum & RSI
RSI has surged to 76 (overbought zone), higher than the typical overbought level of 70. This spike reflects strong buying pressure, but also signals the possibility of near-term pullback or consolidation.
RSI-Momentum Convergence: The RSI uptrend is in lockstep with price action, confirming that bullish momentum is genuine and backed by increasing strength—not a divergence.
🔑 Key Levels
- First Resistance: $3.59—watch this closely as the next hurdle for bulls.
- Breakout Target: $4.85, which corresponds to the measured move (RR1) from the trendline breakout and aligns with the next horizontal resistance.
- Extension Target: $8.01 if momentum persists and price sustains above $4.85 in the coming weeks.
📌 Highlights
- Clear trendline breakout validated by strong RSI convergence.
- RSI has entered the overbought zone (76), backing momentum—watch for either breakout follow-through or brief cooling.
- Key levels: $3.59 (first resistance), $4.85 (breakout target).
🚨 Conclusion
Momentum is with the bulls after the breakout. Eyes on $3.59 as the near-term test; a clean move above opens up $4.85 and potentially $8.01 if momentum continues.
GBPAUD: Pullback From Resistance 🇬🇧🇦🇺
I think that GBPAUD may pull back from a key intraday resistance.
As a confirmation, I see a bearish engulfing candle after its test
on an hourly time frame.
Goal - 2.0655
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Pre-Market Prep
Today, I'm narrowing down to six key markets. For the S&P, it's all about waiting for a pullback from the prior day's high or a breakout above the CVA. If it dips back inside the range, I'm ready to go short with some scalps.
For the NASDAQ, it's looking strong. I'm thinking about a long position if it pulls back to the prior day's high.
Gold is in a downtrend across all areas, and I'm already in a short position from the CVA low. I'm thinking about adding to that if it pulls back to the prior day's low.
Crude Oil is pretty balanced. I'm looking at the high of the CVA for a short opportunity if it gets there.
For the Yen and Euro, both are rotational. I'm eyeing long opportunities if they show some acceptance and pullbacks from key levels.
That's the vibe for today. Let's trade smart, avoid the chop, and keep it moving. Peace!
Raid to the Buyside Liquidity [GBPUSD]Looking at the left side, we see a recent sell-side liquidity sweep . Following, is a strong upward movement, resulting in a market structure shift . Price retraces back to the unmitigated demand zone, to mitigate it for an execution of a Buy position. Target is the buyside liquidity
False breakout? Gold reverses sharply after news surgeBecause of the news that Trump hinted at firing Powell, gold surged strongly in the short term and passed to 3377, recovering the recent decline in one fell swoop. We went long on gold near 3323 in advance, and went long on gold near 3340 again after gold retreated, hitting TP: 3345 and 3355 respectively. The two long trades successfully made a profit of 370pips, with a profit of more than $18K.
Although gold has risen sharply in the short term and effectively destroyed the downward structure, it is mainly news that drives the market. After Trump denied firing Powell, gold rose fast and fell fast. So we can't chase long gold too much. First, the sustainability of the news-driven market needs to be examined, and second, the certainty of Trump's news is still unreliable. He always denies himself the next day.
After the gold price retreated quickly, a long upper shadow appeared in the candlestick chart, indicating that the upper resistance should not be underestimated. Therefore, we should not rush to buy gold. We can still consider shorting gold in the 3355-3365 area. We should first focus on the area around 3340. If gold falls below this area during the retreat, gold will return to the short trend and test the area around 3320 again, or even fall below this area after multiple tests and continue to the 3310-3300 area.
The firing of Powell set off the market, don't chase the longsTrump showed a draft of the letter to fire Powell, but whether Powell will be fired in the end remains to be seen, but the impact on the gold market is undoubtedly huge. The wolves have now smelled a very dangerous scent. Don’t chase high prices. Don’t chase high prices! ! ! After all, the impact of the news comes and goes quickly, and there is a high possibility of a reversal later in the evening. The final suppression position of the current gold daily line is 3340. If the closing line today can maintain above 3340, then gold will usher in a real bullish trend in the future.
OANDA:XAUUSD
BullsHaving in mind that the have been in buys through the year so far. This would be a flag formation and we currently on the daily FVG which provides an entry to continuation in buys.
NB we have a resistance line and that would be iur target before EURUSD starts to dunp massively. Closure below the FVG will result in closure of the buys.