BTC POTENTIAL TRIPLE TOP PATTERNhi
From the previous chart, the price successfully broke through the upper trendline and started to rise. This could indicate that bullish momentum is taking over. Waiting for the price to break the upper trendline is a solid strategy for confirming bullish momentum. However, there is a potential triple top pattern forming, which could indicate that the price may face rejection at a key resistance level 86056.35
If the triple top pattern becomes more apparent and the price fails to break above resistance, it could signal the start of a bearish move. In this scenario, trading volume and price action around the resistance zone are crucial to observe. If volume declines and selling pressure increases, the price may drop further.
good luck
**My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading my skills also for my trade journal**
Thanks a lot for your support
Priceactionanalysis
1st trade analysis after long pause on EUR/AUDhello,
my name is kirollos and this is my first try after long pause of trading.
this is EUR/AUD currency.
I know that most of bank are in holiday today but lets try this.
there is a downtrend on high-time frame like 30min and 1h , and there is a corrective move (channel) on 5min time-frame.
I drew fib level and the correction move reach the golden ratio between 50% and 61.8% , then I drew fib extension to predict the next move and I would be satisficed with 61.8% as my first take profit target.
I my forecast that liquidity move to me side which encourage me to continue.
feel free to criticize me idea .. I love to hear any thing from you but please clarify your idea to me to understand.
Gold Analysis April 17Another day of half-full D candle increase but today there is a bearish wave appearing
The h4 frame has shown signs of sellers jumping into the market and H1 also formed bearish waves.
The bearish wave formed with support 3322. Breaking 3322 is very easy to form a strong bearish wave but the necessary condition is that the 3315 zone will have to be broken. If 3315 increases, 3338 is the zone that the Sellers are also waiting for. 3354-3355 ATH zone will still have a reaction from the Sellers before creating a new ATH.
Trading zone when there is confirmation
Price zones to pay attention to BUY 3315, 3293, 3275
Price zones to pay attention to SELL 3337, 3354
Gold Price Analysis April 16Gold price is at ATH and no stopping point is seen
safe trading strategy can only be waiting for retest of strong buying zones to BUY
There is no specific strategy when gold is at the current price range. Today's strategy focuses on Buy around 3275-3273. The best zone to BUY today is 3246-3244. 3313 is a notable Fibonacci resistance zone, breaking this zone Gold will head to the next Fibonacci zone around 3350.
wish you a successful trading day.
#NIFTY Intraday Support and Resistance Levels - 17/04/2025Slightly gap down expected in nifty. After opening if nifty sustain above 23300 level then expected nifty will consolidated between 23300 to 23500 level in today's session. Any strong rally in index only expected breakout of this level. Strong upside rally expected if nifty starts trading above 23500 level in today's session.
[INTRADAY] #BANKNIFTY PE & CE Levels(17/04/2025)Today will be gap down opening expected in index. After opening if banknifty starts trading below 52950 level then downside movement possible upto 52550 level. 52550 level will act as a strong support for today's session. Any downside rally can be reversal from this level. Upside rally expected if banknifty starts trading and sustain above 53050 level. This upside rally can goes upto 53450+ level.
#NIFTY Intraday Support and Resistance Levels - 16/04/2025Today will be slightly gap up opening expected in nifty. After opening if nifty sustain above 23300 level then possible upside rally upto 23500 in opening session. This rally can be expected for further 200+ points in case nifty gives breakout and starts trading above 23550 level. Any major downside only expected below 23250 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(16/04/2025)Today will be gap up opening in banknifty. After opening if banknifty starts trading above the 52550 level then this bullish rally can goes upto 52950 level in opening session. This can be extend for further 400-500+ points in case banknifty gives breakout of 53000 level and sustain above 53050 level. 52950 level will act as a resistance for today's session. Any reversal can gives downside movement upto 52550 level. Any major downside only expected below 52450 level.
CADJPY structures created, having bullish view
Coming again on OANDA:CADJPY , analysis before this one closed manually, now having batter situation and sharing new view based on price action and patterns.
Few times price is bounce on zone 102.450. Now we have BULLISH FLAG (better visible on 2,1H TF) and we have TRIANGL formation, tomorrow BAC rate cut and some pairs like EUR and GBP versus CAD looks like will go bearish.
View is here bullish for this week.
SUP zone: 102.400
RES zone: 104.250, 105.000
ABFRL , 1D Looking Very good pattern and ready for Breakout and Nifty is also Showing Bullishness , So Breakout will be very Clear and Good
Take Entry after the break of upper trendline and risk according to your risk taking capacity
in Expansion Channel this is channel Pattern and Breakout in 1D time Frame .
just risk 3-4 % of your allocation and Aim for 30% Maximum . You can book partial profits if it goes above 15% .
if it closes below the down trendline , you must be not in the trade
This is Just my point of View only
Follow for More Swing Trade Ideas
#NIFTY Intraday Support and Resistance Levels - 15/04/2025Nifty will open gap up in today's session. Expected opening above 23050 level. After opening if it's sustain above this level then possible short upside rally upto 23300+ level in opening session. 23300 level will act as an immediate resistance. Expected reversal from this level. Any further upside rally only possible above this level. Major downside expected if nifty starts trading below 23000 level in today's session.
[INTRADAY] #BANKNIFTY PE & CE Levels(15/04/2025)Today will be gap up opening in banknifty. Expected opening near 51500 level. After opening if banknifty starts trading and sustain above 51550 level then possible further upside rally of 400-500+ points in index. Any downside possible below 51450 level. Downside 51050 level will act as a strong support for today's session. Now any major downside only expected after breakdown of this support zone.
NAS100 (15min) – Bullish Entry Activated1. Symmetrical Triangle Formation
Price was compressing inside a symmetrical triangle, with a series of lower highs and higher lows, indicating indecision and buildup of pressure.
2. Downside Fake-out (False Breakout)
Price briefly broke below the lower trendline, suggesting a potential bearish breakout.
However, there was no strong follow-through; instead, price quickly reclaimed the trendline and pushed back inside the structure.
This is a classic fake-out, often trapping late sellers and providing liquidity for buyers.
The rejection from the lows resulted in a long wick, signalling strong buying interest and failure to break down.
3. Aggressive Bullish Reaction
After reclaiming the triangle support, price moved rapidly back to the top of the triangle.
The next key move was a strong breakout above the upper trendline, confirming bullish intent.
4. Break and Retest
Price action followed through with a clean breakout above resistance, followed by a minor pullback and retest of the broken trendline, which held as support.
This retest offered a textbook entry point based on price action principles.
5. Bullish Structure Confirmation
Post breakout, price formed a higher low and continued to make a higher high, confirming a trend shift.
This structural change strengthens the bullish outlook.
Weekly Support is around 80000.Weekly Support is around 80000.
However, 72500 - 73000 is its previous
breakout level & probably a Best Buying Rage
(if it touches) which is also a Confluence area of
Trendline Support+Important Fib. level.
Bullish Divergence on Shorter Time Frame +
Weekly Support around 80000 (if Sustained)
may push the Price up towards 87000 &
then around 95000 - 96000.
Ultimate Resistance is around 110000.
Crossing this level may open new Highs
Targeting around 136000.
On Shorter Timeframe, 85000 - 86000 is
the Immediate Resistance & Support is
around 80000.