[INTRADAY] #BANKNIFTY PE & CE Levels(05/03/2025)Today will be flat opening expected in index. After opening it will trade in between the 400+ points range from 48050-48400 points. Any strong upside rally only expected above 48550 level. Downside 48050 level will act as a important support for today's session. Any major downside rally only expected below 47950 level.
Chartanalysis
Analysis of gold XAUUSD as i published before my price ranges
you can watch as i already mantioned the price range and market movementum so the market is going on that patterns so keep following and watch the next moves .
The rejection from EMA 200 suggests continued bearish pressure, with a downside target near 2,870 support. However, a strong bullish reaction from that level could lead to a potential reversal. Traders should wait for confirmation before entering a trade. 🚀
ExxonMobil: Final Pullback ExpectedExxonMobil should soon resolve the ongoing sideways phase, allowing the turquoise wave 2 to establish its corrective low below $104.84. This final pullback is still needed before the next impulsive rally unfolds. Alternatively, there is a 32% chance that the key low was already settled by the turquoise wave alt. 2. A break above $123.74 would confirm this scenario.
3M: Higher High ExpectedAt the start of the year, MMM continued to rise higher before the rally temporarily transitioned into a consolidation phase. February brought slight downward pressure, but after a brief spike back to $141 last week, buying interest returned noticeably. This triggered a strong upswing, with the stock gaining nearly 10% in just a few trading days. As a result, we have identified an internal five-wave structure within the turquoise wave 5 and now primarily assume that the magenta wave is already unfolding. This wave should extend further upward, marking the completion of the broader magenta wave (1). Afterward, we anticipate a significant wave (2) correction, which could also begin earlier. In this 35% likely alternative scenario, the stock would experience a premature sell-off below the $131.40 support, with wave alt.(2) eventually reaching our magenta Target Zone between $106.04 and $86.20.
USDT.DIn the series of pinned posts, we've analyzed and predicted all the ups, downs, and waves of the index for you. (How perfectly the analysis played out! 😉)
Here’s the sharp drop in USDT dominance within W4, a 18% dump, leading to a market pump. Of course, many are linking it to Trump’s speech in support of crypto, but did we know in advance what he was going to say? No! We just read the charts, analyzed market conditions, and presented a single scenario, which once again proved to be spot on!
Once this current hype settles, we'll update you on the next moves of dominance. But of course, it all depends on your reactions and energy! ❤️
Polkadot: Now It’s Crunch TimePolkadot has been unable to resist the widespread downturn in the altcoin sector, giving up much of its recent gains after a solid performance in recent days. Our grayed-out Target Zone for the low of the green wave is coming back into focus – though under our primary scenario, DOT shouldn’t fall much lower in the short term. If the coin drops below the $3.80 support, however, a new bear market low in our orange Target Zone between $2.40 and $1.07 will be on the horizon. In this 39% probable alternative scenario, the coin would erase all gains since the low in October 2023, implying a new bottom for the magenta wave alt. . In our primary scenario, we expect renewed buying pressure soon, which should allow the green wave to surpass the resistance at $5.38.
S&P500: Days of DecisionHovering near the 6,000 points mark, the S&P 500 enters the second half of the week at a critical juncture. The next few trading sessions will determine whether the index will push directly to new record highs or first undergo a more extended correction. In our primary scenario, the S&P should continue selling off to settle the turquoise wave 2’s low within the corresponding long Target Zone between 5,667 and 5,389 points. Only from there should the next turquoise impulse wave 3 take over, driving the index to new all-time highs beyond the resistance at 6,365 points. If the S&P immediately resumes its upward trajectory, it might break past 6,365 points without delay. In this 38% likely alternative scenario, the index would bypass the turquoise Target Zone and significantly extend the green impulse wave alt. . Primarily, we consider the green wave as already complete.
$MSFT $SNOW sympathy play, $390-$400 SupportNASDAQ:MSFT NYSE:SNOW — Microsoft is like a snail in this AI/ Tech race but I suppose that shows strength because no major drops and holding zones well. Bottoms after bottoms. I’m looking for short term calls here. As of today, ending week 2/28, I may try $405c. But can see this retest the $420s weeks to come.
WallStreetLoser
$COIN Spinning Stop Candle in Downtrend; ReversalWe have 7 days of straight beating, assault, slaughter and murder. Do I think this thing reverses 10 fold? No but do I expect a bounce into the mid 220’s? Yes. RSI is relatively low (sold) for its name, it fundamentally smashed earnings and the candle here that closed on the daily is known as a spinning stop with a green closure. Expect a volatile move soon - tomorrow or and into Friday. NASDAQ:MSTR held up well today. This is always a craps shoot, no matter the trade, no matter the look of the chart and all the indicators we use. It just creates an edge. Good luck. I’m going to look at calls here for a bounce.
Wall Street Loser.
Copper is gonna to complete the 2nd leg??Hi all trading lovers and copper buyers...
Seems that after BREAKOUT from Descending Triangle and Pullback to breakout level, price is going to complete the 2nd BULLISH Leg in Weekly uptrend with a round level target (5.5555)...
(Pullback could be a bit deeper...)
PLEASE NOTE THAT IS ONLY AN ANALYSIS AND COULD BE WRONG...
MARKET IS BASED ON POSSIBILITIES AND UNCERTAINTIES...
MANAGE YOUR RISK...
#Forex #Trading #Analysis #Copper #Chart #Spike #Wedge #Uptrend
GBP/USD - Weekly Liquidity & Fair Value Gaps AnalysisOverview
The British Pound (GBP/USD) is currently trading around 1.2652, showing a bullish recovery after sweeping weekly sell-side liquidity. Price has reacted from a weekly fair value gap (W.FVG) / BISI and is approaching key resistance levels.
Key Levels & Liquidity Zones
📌 Weekly Sellside Liquidity: Taken, leading to a bullish reversal.
📌 Weekly Buy-side Sweep: Possible target around 1.2774 (50% retracement).
📌 W.FVG // BISI (Bullish Imbalance Sellside Inefficiency): Acting as support.
📌 W.FVG / SIBI (Sell-side Imbalance Buy-side Inefficiency): A potential rejection zone around 1.2774.
Technical Outlook
🔹 Bullish Reversal: The price has bounced from key liquidity zones, suggesting further upside.
🔹 Fair Value Gaps (FVGs): The market has filled some inefficiencies but still has upside targets.
🔹 Potential Scenarios:
A continuation towards 1.2774 (weekly resistance & FVG fill).
A possible rejection at that level before resuming the trend.
Trade Plan
✅ Bullish Bias: Looking for pullbacks into support (W.FVG) for long opportunities.
❌ Bearish Confirmation: Rejection from 1.2774 could signal a retracement.
📊 Risk Management: Stop-loss placement below recent structure lows.
🔥 Watch these liquidity sweeps and fair value gaps for potential trading opportunities!
📌 Like & Follow for more trade ideas! 🚀
Apple: Top and DropAs part of Apple's ongoing wave (2) correction, we assume that the subordinate turquoise wave X still needs to conclude in the short term before the price can drop into our magenta Target Zone between $209.57 and $196.05. There, we anticipate a bullish reversal, which should offer trading opportunities for the long side and mark the starting point for the next major upward move. Alternatively, there is a 37% chance that the low of wave alt.(2) has already been reached, which will be confirmed if the price surpasses $260.10.
Oracle: Tilting Downward…After a sharp rebound from the $152.02 support following the steep drop from the peak of the beige wave II, Oracle is once again tilting downward as expected. The next step should see the price fall below $152.02 to reach the projected low of the beige wave III. After a countermovement of wave IV, the broader downward movement as part of the beige five-wave decline should extend further, ultimately driving the stock to the low of the overarching blue wave (A). If Oracle instead breaks above the $198.31 resistance in the short term, the macro-level light green wave alt. will rise to a new high. However, this alternative scenario holds only a 34% probability. Primarily, we assume that wave was completed with the December peak.
Gold (XAU/USD) Breakout Setup – Bullish Momentum Ahead?Overview:
A potential bullish breakout from a triangle pattern, signaling a continuation of the uptrend.
Key Technical Insights:
🔹 Triangle Formation Breakout
Gold price has been consolidating inside a symmetrical triangle, a common pattern before a breakout.
The price has just broken above the resistance, confirming a potential bullish move.
🔹 Support & Resistance Levels:
Support: Around 2,933 - 2,935 USD, acting as a retest zone after the breakout.
Resistance: Near 2,946 - 2,950 USD, the last hurdle before the next rally.
🔹 Target Projection:
Based on the triangle breakout measurement, a potential 3.75% move (110 USD) to around 3,044 USD is anticipated.
Trade Plan:
📌 Entry Strategy:
A retest of 2,935 USD could provide a better entry for confirmation.
Aggressive traders may enter immediately after breakout confirmation.
📌 Stop Loss:
Below 2,914 USD, invalidating the breakout structure.
📌 Take Profit Target:
Around 3,044 USD, aligning with the measured breakout target.
Final Thoughts:
✅ Breakout confirmed – waiting for retest to enter safely.
✅ Momentum and volume support bullish continuation.
✅ Caution if price falls below 2,914 USD, invalidating the pattern.
📈 Gold remains in an uptrend – monitor price action for confirmation! 🚀