[INTRADAY] #BANKNIFTY PE & CE Levels(22/05/2025)Today, a flat opening is expected in Bank Nifty. After opening, if Bank Nifty starts trading below the 54950 level, a further downside movement is possible towards the 54750, 54650, and 54550 levels during the session.
On the upside, if Bank Nifty begins to trade and sustain above the 55050–55100 zone, it could trigger a bullish move toward 55250, 55350, and potentially 55450+.
However, 55450 will act as a strong resistance for today’s session — any upside rally may face rejection or reversal from this level.
Trade with strict stop loss and keep trailing profits as market can remain range-bound with spikes.
Techincalanalysis
NZD/USD TRADING PLAN – MAY 21 | RETEST OR CONTINUATION?NZD/USD TRADING PLAN – MAY 21 | RETEST OR CONTINUATION? 🔍
After several steady bullish sessions, NZD/USD is pulling back slightly from the 0.5961 resistance zone. The pair remains within a well-defined ascending channel on the H1 chart and is approaching a key support area around 0.5910 — a zone that could trigger a technical bounce and continuation of the current bullish trend.
🌍 MACRO CONTEXT:
The US Dollar Index (DXY) is showing signs of weakness following disappointing CPI and PPI data. This opens up room for commodity currencies like NZD to recover further.
Meanwhile, New Zealand's domestic consumption data has exceeded expectations, and the RBNZ continues to maintain a stable policy outlook — a medium-term bullish sign for NZD.
Market sentiment is leaning cautiously against the USD, especially as the Fed holds its “no cut but no hike” stance — boosting interest in alternative currencies.
📊 TECHNICAL OUTLOOK (H1):
NZD/USD is trading within an ascending price channel.
EMA 13 is above EMA 34 and EMA 200 — a positive short-term trend signal.
Two important zones to watch today are 0.5910 (key support) and 0.5961 (key resistance).
🎯 TRADE SETUPS FOR TODAY:
✅ SCENARIO A – BUY THE RETEST:
If price tests the 0.5910 zone and shows strong reaction:
BUY ZONE: 0.5910 – 0.5915
SL: 0.5890
TP: 0.5960 → 0.5980 → 0.6000 → 0.6006
→ This zone aligns with ascending channel support + prior FVG → strong rebound probability.
✅ SCENARIO B – BREAKOUT & CONTINUATION:
If price breaks and holds above 0.5961:
BUY SCALP: 0.5965 – 0.5970
SL: 0.5950
TP: 0.5980 → 0.6000 → 0.6006
❌ SCENARIO C – BEARISH BREAKDOWN:
If price fails to hold above 0.5910 and closes H1 candle below it:
SELL SCALP: 0.5900 – 0.5895
SL: 0.5915
TP: 0.5870 → 0.5850 → 0.5820
📌 FINAL THOUGHTS:
NZD/USD is at a critical decision point — this could be a retest before continuation to 0.6000 or the beginning of a deeper drop.
Watch the 0.5910 level closely to determine market direction.
⚠️ Risk management is key — high volatility expected as U.S. PMI data is set for release during today’s NY session.
🧠 Be patient. Let price come to your zone. React, don’t predict.
US30 May 21 If athletes get athlete's foot, what do elves get? Mistle-toes.
Now let's get to it. Before heading into the trade, I am definitely bullish. Price seems to be making a retracement before it pushes back up. I have given myself 3 potential entry points. But I am only going to enter them if:
Price makes market structure
Price breaks and retests through a key level/ entry point
If it bounces off of the trend line
Or a break of structure
And all of this, for me has to happen around 12pm est because I like to trade the afternoon session. But like a stallion price is going to do whatever it wants.
Stay safe and be patient
Rising wedge on SPY - Melt up? or Next leg down? Immediate Bias (Tomorrow):
Scenario 1 – Bullish Continuation (Low Probability unless there's a macro catalyst):
Breaks above ~$596–$598 cleanly
Retests that zone as support (watch 595.50 intraday)
Then targets:
600 psychological
604–608 upper resistance channel
Possible end-of-month blow-off top: 612–618
Scenario 2 – Pullback / Rejection (More Probable Setup):
Rejected at ~596–597 zone (which aligns with upper wedge resistance)
Breakdown below $590 intraday
Then targets:
587.80 EMA cluster (20/50)
If lost → 576.44 next EMA + demand level
Followed by major support at 565.87 / 563.43
🔥 Week Ahead Trade Plan (May 20–24)
✅ Bullish Possibility:
If NVDA earnings, FOMC minutes, or macro data surprise to the upside
Watch for breakout above the red wedge and hold above 600
Target range: 604 → 612 max upside
🚨 Bearish Scenario:
Wedge breakdown below ~$590
Momentum cracks down to:
587
576 (watch for bounce)
If panic selling → 565–563 (larger time frame buying zone)
Volume divergence and overbought EMAs support a potential cool-off.
📅 Monthly Projection (End of May):
If wedge breaks down → consolidation range between 563 – 587
If wedge breaks out → blow-off rally up to 612–620, but likely to fade quickly
Fed commentary and NVDA earnings on May 22 will be major catalysts
📌 Key Levels
Type Price Notes
Resistance (R3) 612–618 Final upside blow-off zone (channel top)
Resistance (R2) 604 Overhead channel line
Resistance (R1) 595–598 Wedge top + major resistance
Support (S1) 587 EMA cluster + strong local demand
Support (S2) 576 Clean structure + prior breakout
Support (S3) 565–563 Confluence of long-term EMAs + trendline
🎯 Trade Setups
📉 Bearish (Favored if no breakout tomorrow):
Short 595–597 with stop above 600
Targets: 587 → 576
Optional: Add below wedge break (~590)
📈 Bullish (Confirmation-based):
Break + retest of 597–600
Target: 604, then scale out at 612
Avoid front-running long unless you see volume + price close outside wedge
Cup and Handle Breakout | Strong Trend Reversal in PlayNSE:PREMEXPLN
Analysis:
This chart showcases a classic "Cup and Handle" breakout pattern — a powerful bullish reversal setup. After a prolonged downtrend, the stock formed a rounded base, retested the neckline zone near ₹500, and broke out with strong momentum and volume.
Trendline Breakout: A long-term descending trendline has been broken, signaling a trend reversal.
Cup Formation: A smooth, rounded bottom formed over several months indicates accumulation and base-building.
Breakout Confirmation: A sharp breakout above the neckline resistance (around ₹500–₹510) with volume confirms the breakout.
Target Levels: Price has already moved toward ₹606 and is now approaching ₹678 — the measured move target from the depth of the cup.
Trade Setup:
Entry: Ideal entry was near breakout of ₹510.
Targets: ₹606 (hit), ₹678 (approaching).
Stop-loss: Below ₹500 or trailing below recent swing lows for momentum trades.
Outlook:
The chart signals a strong reversal and momentum continuation. If ₹678 is broken, further upside potential opens up.
HAPPY TRADING !!
USOIL Weekly Analysis – Major Breakdown and Retest in PlayAfter several months of holding firm, USOIL has finally broken below its key support zone around $67–$70, which had acted as a floor since mid-2021 . This is a significant technical development, and the current price action is showing a classic bearish retest of that broken structure.
Technical Breakdown:
Support Broken:
The $67–$70 zone was tested multiple times over the past 2 years. Price has now cleanly broken through it and is struggling to reclaim it.
Retest in Progress:
Price is currently hovering around $62.36 and failing to push back above the broken support. This retest is textbook and could confirm further downside.
Market Structure:
Lower highs and lower lows dominate the weekly chart = clear bearish trend.
Bearish Targets:
Target 1: $53.50 – Previous minor demand zone from 2021.
Target 2: $41.50 – Strong historical support and potential major bounce area.
Invalidation Zone:
If price closes above $70 on the weekly chart, the breakdown would be invalidated and we’ll reconsider our bias.
Confluence:
Broken multi-year support
Bearish retest on weekly timeframe
Clear downside liquidity below
Summary:
Bias: Bearish
Setup: Short on confirmation of rejection below $67
Timeframe: Weekly / Daily
This is a high-probability setup if the rejection continues. Look for further bearish price action on the daily or 4H chart for refined entries. As always, manage risk carefully .
Like & Follow for more clean, high-timeframe breakdowns!
If Trend Reverses, We'll Most likely See 106-109k FirstTrading Fam,
We'll bring our knowledge of liquidity to the chart here today. You guys know that my new indicator utilizes liquidity as a prime factor in helping to alert us when to buy and sell any given asset. In our chart here today, I have also brought over the liquidation map from Glassnode, which will help us gain further insight into what Bitcoin's next move might be.
First, let me explain a few of the drawing here.
For those who may be new, those liquidity blocks are printed by LuxAlgo's "Liquidity Swings" indicator. I have incorporated them into my indicator and have combined it with another to alert me as to exactly when it might become a good time to buy or sell. Typically, I set the blocks to have a 15 day life cycle. When we are overbought and enter into a sell-side liquidity block, my indicator will flash a red dot. When we are oversold and enter into a buy-side liquidity block, my indicator will flash a green dot. These are typically super-accurate signals and are, at least, a good time to start your exits and/or entries but unfortunately, these DOTS DO NOT APPEAR in this chart due to this being a private indicator distributed by invite only.
I use additional indicators for confirmation and to support what my indicator is showing me, such as the VRVP. You can see the VRVP Point of Control (PoC) is at 96,425 in this chart, meaning that most of our recent traded volume is to the underside of us right now. This is positive. However, it is important to recognize that sometimes that PoC can act as sort of a magnet to pull price back to that area before further directional price trend movement. Keep this in mind as we continue to consider price movement here.
Back to the liquidity blocks. I've extended our last big liquidity block from Jan-Feb of this year out past the normal 15 day life cycle that I usually set. I think this is important as it appears to align with the data that I've brought over from Glassnode's Liquidation Map. Notice that on the map you see large liquidity pools both below the current price and also, above it. But the larger liquidity pool remains above us at the time of this post. This aligns with the resistance levels I have drawn on the chart in white which remain above us. And currently, we are also forming a bull flag pattern. So, are greatest probability of price movement right now remains to the upside. I am targeting that 106-108k area. Once hit, trend reversal could occur.
Here's what I expect.
We hit 106-108k. Then, at this point, the market must make a critical decision; do we continue up, beating previous highs, or do we first drop down and liquidate all those late longs from 93-104k?
Now, since we know that big money is in this game and wants as much as they can get at the best price possible, it is easier to determine what might occur. I suggest that once liquidation occurs up to 106-108k, sell-side pressure will be placed on the market in hopes of driving price back down to clean out all of those late long entries. That PoC level at around 96k is a good target here. Once this price has been hit, freeing up hundreds of millions in liquidated Bitcoin, the big buyers (smart money) will step back in to swoop up the loot and Bitcoin will be free to trend back up again.
Now, as always, I could be wrong. Let's talk about what happens if we beat our 106-108k overhead resistance levels. In this case, we could see Bitcoin pump as high as 125k before any local trend reversal begins to occur. I will re-assess at this point.
BLUF: 106-108k is key resistance. Mark your charts and keep your eye on what price does there. It will be key to what happens next.
✌️Stew
US30 MAY 15What kind of birds stick together? Velcrows! And we shall stick together as we conquer this market. Today price is stuck between 2 key areas (41,973 and 41797).
I am going to wait for price to break and retest one of those areas before I get into a buy or sell respectfully. on the 1m timeframe.
And I'm trading level to level. If it goes for the sell, it is evident that price will try to fill in the price gap that it left behind and few days ago. 41,527 level
And if price decides that it wants to go for the buy, I'll buy up to the next level where price last stopped on the hourly, 42,139 level.
But, like a 21-year-old girl, 5 shots in off of Tequilla, price will do whatever it wants, so trade responsibly. And have fun!!!
#NIFTY Intraday Support and Resistance Levels - 15/05/2025Gap up opening expected in nifty near 24750 level. After opening if nifty starts trading and sustain above this level then expected upside movement upto 24950 level. Below 24700 level there will be downside expected upto 24550. 24550 level will act as a strong and important support for nifty. Any major downside only expected below this support level.
Thu 15th May 2025 BTC/USD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning, and this is a BTC/USD Sell trade. As usual, you can see the details of the trade/s on the chart. Keep in mind that I am generally looking to buy when the MACD is below the zero level & sell when it is above the zero level. The red/blue QMP Filter dots on the price chart produce the actual trade signal. I am also considering things like divergence, support/resistance, round numbers etc, and these will be marked up on the chart. Enjoy the day all. Cheers. Jim
XAU/USD 14 May 2025 Intraday AnalysisHi everyone — thanks for stopping by.
I’m Amin, a London-based technical analyst-in-training, currently preparing for the CMT Level I exam (June 2025) and building towards a career as a Market Strategist/Analyst.
I post daily/weekly analysis using Smart Money Concepts (SMC) soon to be blended with CMT-aligned tools like RSI, Moving Averages, trend structure, and market phase models.
My Goal: To secure a strategist or analyst role in London.
Recent highlight: One of my TradingView ideas was featured by an editor.
If you're in the industry, a fellow learner, or hiring, feel free to reach out — I’m open to opportunities and connections.
Let’s keep growing and learning!
Amin.
H4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remains the same as analysis dated 23 April 2025
Price has now printed a bearish CHoCH according to my analysis yesterday.
Price is now trading within an established internal range.
Intraday Expectation:
Price to trade down to either discount of internal 50% EQ, or H4 demand zone before targeting weak internal high priced at 3,500.200.
Note:
The Federal Reserve’s sustained dovish stance, coupled with ongoing geopolitical uncertainties, is likely to prolong heightened volatility in the gold market. Given this elevated risk environment, traders should exercise caution and recalibrate risk management strategies to navigate potential price fluctuations effectively.
Additionally, gold pricing remains sensitive to broader macroeconomic developments, including policy decisions under President Trump. Shifts in geopolitical strategy and economic directives could further amplify uncertainty, contributing to market repricing dynamics.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remains remains the same as analysis dated 07 May 2025.
As mentioned in yesterday's analysis that I would continue to monitor price and depth of bearish pullback following previous bullish iBOS.
Price did not pull back with any significance, therefore, I will apply discretion and not mark the previous iBOS. I have however marked this in red.
Price continued bullish and subsequently printed a bearish iBOS to indicate, but not confirm bearish pullback phase initiation.
Price is now trading within an established internal range, however, I will continue to monitor depth of pullback.
Intraday Expectation:
Price to trade down to either discount of internal 50% EQ, or M15 supply zones before targeting weak internal high priced at 3,435.055
Note:
Gold remains highly volatile amid the Federal Reserve's continued dovish stance and persistent geopolitical uncertainties. Traders should implement robust risk management strategies and remain vigilant, as price swings may become more pronounced in this elevated volatility environment.
Additionally, President Trump’s recent tariff announcements are expected to further amplify market turbulence, potentially triggering sharp price fluctuations and whipsaws.
M15 Chart:
Gold Price Analysis Major Pullback as Geopolitical Tensions Ease🔥 Gold Price Analysis: Major Pullback as Geopolitical Tensions Ease
Technical Analysis Overview:
Yesterday's sharp decline in gold prices suggests a temporary de-escalation in geopolitical tensions, particularly in terms of the ongoing conflicts and political uncertainties. The global situation seems to be calming down, which has had a significant impact on the market.
From a political and trade perspective, the current price trend seems to be rational, though nothing is set in stone. Key negotiations are still underway, and important agreements may still be signed. After the sharp fall, gold has found some recovery, especially as it returns to liquidity gaps to fill.
Current Viewpoint:
At this stage, I am still expecting a retracement in gold prices, which will present better selling opportunities. While yesterday’s outlook focused on selling, we successfully identified key levels for buying. Today, selling opportunities seem more favorable than buying.
We need a pullback to fill the FVG (Fair Value Gap) and yesterday’s gap, after which gold may undergo another significant adjustment. The political dynamics, along with potential delays in the Federal Reserve's interest rate cuts, could push gold back to $3000 per ounce. If this happens, the rise in gold prices would be easy to foresee.
Short-Term Strategy:
In the short term, we will continue following the market’s wave of corrections. Short positions may be more sustainable, and holding onto them could prove more beneficial in the current environment.
Key Levels to Watch:
Resistance Levels: 3264 – 3278 – 3307 – 3328
Support Levels: 3241 – 3207 – 3196 – 3172 – 3156
Buy Opportunities:
Scalp Buy Zone: 3196 – 3164
SL: 3190
TP: 3200 – 3204 – 3208 – 3212 – 3216 – 3220
Buy Zone: 3158 – 3156
SL: 3152
TP: 3162 – 3166 – 3170 – 3174 – 3178 – 3182 – 3190
Sell Opportunities:
Scalp Sell Zone: 3278 – 3280
SL: 3284
TP: 3274 – 3270 – 3266 – 3260 – 3250 – 3240
Sell Zone: 3328 – 3330
SL: 3334
TP: 3324 – 3320 – 3316 – 3312 – 3308 – 3300 – 3290 – 3280
Upcoming Key News:
In the US session, we are expecting the release of CPI data for this period. As this is a crucial data point for the month, traders should pay attention. Currently, there is not enough information to analyze the CPI in-depth, so I will update you on the developments at the end of the European session, as we head into the US market.
Important Notes:
Ensure that you manage risk effectively and stick to your TP/SL levels to safeguard your account. We are still in a volatile period, and as always, caution is key when navigating these types of market conditions.
Good Luck!
Mon 12th May 2025 GBP/AUD Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. This trade being a GBP/AUD Buy. As usual, you can see the details of the trade/s on the chart. Keep in mind that I am generally looking to buy when the MACD is below the zero level & sell when it is above the zero level. The red/blue QMP Filter dots on the price chart produce the actual trade signal. I am also considering things like divergence, support/resistance, round numbers etc, and these will be marked up on the chart. Enjoy the day all. Cheers. Jim
NZDJPY LONGHey everyone we looking for a long NZDJPY, we were having a uptrend for an quiet a while so this is what i see and why i will taking a buy
1) break and retest to daily support and reject few times
2) reject from a 50% Fib level
3) break our counter trend line on 4h which shows us buyer is taking over
4) shift from bearish to bullish market after break of structure on1h
5) reject Daily and 4h 50 EMA
6) engulfing bullish on 4h
Im aiming 1:2 risk to reward Ratio
#SEIUSDT remains in bullish continuation mode📉 LONG BYBIT:SEIUSDT.P from $0.2747
🛡 Stop loss: $0.2640
🕒 Timeframe: 4H
✅ Market Overview:
➡️ Falling Wedge pattern has played out — confirmed breakout to the upside.
➡️ A strong Inverse Head and Shoulders pattern is visible — neckline broken with momentum.
➡️ Volume increases on upward impulse — bullish confirmation.
➡️ Current price is consolidating slightly — likely preparing for the next leg up.
➡️ POC at $0.1697 is far below — market structure flipped bullish.
➡️ Clear upward projection toward the $0.2810–$0.2910 range.
🎯 TP Targets:
💎 TP 1: $0.2810
💎 TP 2: $0.2870
💎 TP 3: $0.2910
📢 Holding above $0.2740 confirms bullish structure.
📢 Watch for minor resistance near TP1, then potential continuation to TP2 and TP3.
📢 Secure partial profits at TP1, and let the rest ride toward higher targets.
📢 It’s advisable to partially take profits near the specified resistance levels.
📢 A retest of the breakout zone (around $0.22) is possible — this can be used for adding to the position.
🚀 BYBIT:SEIUSDT.P remains in bullish continuation mode — targets still active!
NAS100 BUY Trade ideia. 1-10RRNAS100 BUY Trade ideia. 1-10RR. After the TP hit from yesterday Im still expecting more bullish momentum so Im waiting to see if I can get this 1-10RR or at least 1-5RR from this. Remember we need confirmations to enter the trade. It has to brake structure in 5min before we enter.
Lets see
EUR/JPY LONG FROM SUPPORT
Hello, Friends!
EUR/JPY is making a bearish pullback on the 3H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 163.264 level.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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