Weekly TF Analysis - BATAINDIAWeekly chart of BATA shows a beautiful Falling Wedge pattern.
The last candle is an inside candle from the previous week, suggesting a brief pause before the up move.
Any break above 1460 can result in a good move on the upside.
Fall below 1400 may be a continuation of the falling wedge pattern.
Trend Lines
S&P500 INDEX Technical Analysis & Outlook Ahead of Fed DecisionS&P 500 Technical Analysis
The market is approaching a key week with potential volatility driven by the Fed Rate Decision and GDP data. Here's a breakdown of the scenarios:
Bullish Scenario: Continuation of the Uptrend:
Key Levels:
- Breakout Support: 6022
- Pivot Point: 6058
- Resistance Line: 6099 and 6143.
Conditions for Bullish Continuation:
- Price must remain above 6022 (Breakout Support Line).
- Stabilization above the 6099 resistance will confirm upward momentum toward 6143 (next resistance).
- This move would support a continuation of the uptrend toward a new ATH.
Fed Rate Impact:
- If the Fed cuts rates by 25 bps, the market may interpret this as dovish, fueling bullish sentiment and risk appetite.
Bearish Scenario: Continuation of Downtrend:
Key Levels:
- Breakout Support Line: 6022
- First Support: 5971
- Next Supports: 5932 and 5863.
Conditions for Bearish Reversal:
- Price must break and close below 6022 on a 4-hour candle.
- A break below this level opens the door to the next support at 5971.
- Further bearish momentum could drive the price toward the Strong Support Zone around 5863.
Fed Rate Impact:
- If the Fed holds rates steady at 4.75% or signals hawkish intentions (e.g., no future rate cuts), bearish momentum may build due to reduced liquidity expectations.
Trend Outlook:
- Uptrend Continuation: Above 6022 and confirmed by a breakout above 6099.
- Downtrend Continuation: Below 6022, targeting 5971 and lower levels.
Key Summary:
Bullish Confirmation: Hold above 6022 and break above 6099.
Bearish Signal: Break and close below 6022, with lower targets of 5971 and 5932.
Fed & GDP Impact: Monitor Fed decision for rate cuts (bullish) or no change (bearish).
Full Truck Alliance Co. LTD. | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Full Truck Alliance Co. LTD.
- Double Formation
* 012345 | Waves Survey | (4) & (5) Ongoing | Subdivision 1
* 10.70 USD | Trend Line | Condition
- Triple Formation
* 7.80 USD | Retracement Area 0.786)) | Subdivision 2
* 345 Wave Survey | (Neckline) Configuration | Subdivision 3
* Daily Time Frame | Entry Bias
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
BITCOIN → Consolidation before the breakout. When do we go up?BINANCE:BTCUSD continues to consolidate, but within a strong bullish structure. The price is approaching the trigger, the breakout of which may provoke the formation of an upward impulse
Globally, the coin is still in the phase of realizing a global " cup and handle ", which I reminded one of the first back in August:
A good signal that hints that the growth is likely to continue is the fact that after a strong growth and testing 100K the price does not fall, but consolidates with gradually rising local lows, it is also worth paying attention to MA-50, which acts as a strong support. Within this consolidation we have clear zones, within which the price is trading and accumulating potential, and there is also a clear trigger, the breakout of which can provoke the continuation of growth (distribution).
But next week is the Fed meeting on December 17-18, and there may be short-term market manipulative reactions. Be careful
Resistance levels: 101.8K, 104.1K
Support levels: 98.9K, 94.15K
Technically, the focus is on 101.8 - 98.9. Consolidation is forming inside this channel. I do not exclude a chance of support retest in the format of a false breakdown before further growth. Another deep correction to the lower liquidity zone - 94.1K is also possible. But until the price breaks 101.8, bitcoin will not go up, and based on the chart, the event is close and the chance is high
Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:BTCUSDT ;)
Regards R. Linda!
NIFTY50.....Wave b done, or a double waves 1 and 2 underway?Hello Traders,
The NIFFT50 made a low on the 21st of November at 23262! Since then it has been moving within a "three-up" or double wave 1 and 2!
In the first case, the next move should be to the downside, developing a wave c/y to lows below 23263 for the next 2-3 weeks. A good indication of such a move is a break of 23873. A possible price range for such a move is at or around the 213xx area, close to the June lows. More bearish potential!
If a double wave 1 and 2 is underway, then the price targets will be higher, probably to the new ATH`s.
A first indication of such a scenario would be if the N50 breaks above the resistance at 24851 and if it breaks above the 0.618 Fibonacci @ 25082 on a daily close with strong bullish volume!
A break above the 25600 area (0.786 Fibonacci) will reduce the chance of what I call a "sucker wave". A possible "B-wave"!
In fact, a flat pattern is always possible, `because we are probably moving within a corrective wave and the move to the upside on a weekly basis does not give fingertips for an important high in place!
Anyway! On Friday, we saw a "Kumo breakout", which is actually a buy signal according to the Ichimoku technique! But always be prepared for a retest of the breakout in the 24500-24400 area.
That's all for today.
Have a great week.....
Ruebennase
Please ask or comment as appropriate.
Trade on this analysis at your own risk.
Sell, Sell, Sell GBP/USD from 1.26341Using both HTF and LTF analysis and comparing this to the Dollar we can see that the pound will drop this week.
From market open we can expect price to either take the ASH tapping into the 4H supply and continue in the downtrend from last week taking the ASL and further breaking structure to the downside.
However, there is also an ASH above so it is possible price may push up slightly in order to grab liquidity and continue pushing down. With the extreme bearish euphoric price movement price may have already taken enough liquidity in order to respect the ASH and just move to the downside with no point of entry.
Regardless of the way price decides to move when the markets open and asian session is in play, I expect price to push down as we have seen a heavy downtrend.
USDCAD : Approaching the Historical Resistance of 1.43
Following the breakout of the 1.39 historical resistance and a pullback near this level, as noted in the previous analysis, the pair has continued to rise. On this time frame, the price is approaching the key 1.43 resistance, last touched on March 31, 2020. The reaction to this level will largely depend on dollar movements and the outcomes of the U.S. Federal Reserve meeting. If this level is broken, further growth toward the marked supply zone can be anticipated.
Helmerich & Payne | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Helmerich & Payne
- Double Formation
* Retracement | 1)) & 0.618)) | Downtrend Bias
* Trend Line | Survey | Channel Mark Up
- Triple Formation
* Flag Structure | 39.50 USD | Configuration | Subdivision 1
* Top / Bottom Structure | 33.60 USD | Neckline Condition | Subdivision 2
* Retracement (2) , 0.382)) & (0)) | Daily Time Frame | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
#nifty50 - 16th DECEMBERNSE:NIFTY
Nifty 50 Chart Analysis - Key Insights & Trading Plan
Key Observations:
Support and Resistance Levels:
Support: 24,497 | 24,586.95 | 24,662.40
Resistance: 24,783.85 | 24,837.90 | 24,891.90
Price Movement:
The price witnessed a downtrend followed by a strong recovery.
A sharp upward movement has brought the price near 24,783.85, a significant resistance level.
Current Position:
The price is hesitating near the 24,783.85 resistance level, signaling a critical decision point.
Trading Plan:
Bullish Scenario:
Breakout Above 24,783.85:
Target: 24,837.90 → 24,891.90.
Stop-Loss: Below 24,750.
Bearish Scenario:
Rejection at 24,783.85:
Target: Support levels at 24,662.40 → 24,586.95.
Stop-Loss: Above 24,800.
Consolidation Strategy:
Range-Bound Movement between 24,662.40 (support) and 24,783.85 (resistance):
Buy near support,
Sell near resistance.
Summary:
Breakout → Go long (buy).
Rejection → Look for short opportunities.
Watch for volume confirmation during breakouts or rejections to confirm strength.
im not SEBI register.
Northern Dynasty Minerals, Ltd. | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Northern Dynasty Minerals, Ltd.
- Double Formation
* 0.370 USD | Survey On Trend Line | Subdivision 1
* 0.225 USD | Support On A Bias Perspective
- Triple Formation
* 012345 | Waves Configuration Valid
* Retracement | (1) Uptrend Bias & Entry At 0.410 USD | Subdivision 2
* Retracement | 1)) 0.590 USD Daily Time Set Up | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
HelenP. I Euro can reach trend line, break it, and continue riseHi folks today I'm prepared for you Euro analytics. Some time ago price traded between resistance 2, which coincided with the resistance zone, and then rose until to trend line, making a first gap. After this, EUR turned around and dropped below resistance 2, breaking it and then made a retest, after which dropped to resistance 1, which coincided with one more resistance zone. Next, the price broke this level and started to trades inside consolidation, where it soon fell to the support level, which coincided with the support zone and even made a movement down to 1.0330 points. Then in a short time, the EUR backed up to consolidation, making a second gap, and then rose to the trend line inside the range. After this movement, the price turned around and declined to the support level, where trades are near now. In my mind, EURUSD will rise to the trend line, and then make little correction movement. Then price can break this line and continue to move up to the 1.0630 resistance level. If you like my analytics you may support me with your like/comment ❤️
Can You Smell It? / BTC 110K is Closer than you thinkBINANCE:BTCUSDT
COINBASE:BTCUSD
Consolidation in Key Resistance Zone: BTC price has repeatedly tested the dark-yellow resistance block (~102,000 USDT) without strong rejection, indicating seller exhaustion.
Higher Lows and Rising Trendline: The ascending trendline shows strong buying interest at higher levels, pushing BTC upward.
Volume Profile (VRVP): The visible range volume profile reveals a volume gap above the current resistance, meaning BTC could move swiftly once it clears the 102K region.
Breakout Signal: A potential breakout candle has formed near the resistance, with smaller consolidations (orange circles) and consistent higher lows acting as a springboard.
Measured Move to 110K: If BTC breaks cleanly above the resistance zone, the green path suggests a measured move toward the next psychological level at 110K USDT, backed by strong momentum.
This bullish structure aligns with accumulation and breakout patterns, indicating Bitcoin's next leg up may be imminent. Monitor for confirmation above 102K.
Follow for the Updates
Poonawalla Fincorp Ltd Long tradeHello,
Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum.
Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend.
Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios.
Details is Mentioned in Chart, Read carefully.. .
EURUSD: Bullish Reversal Confirmed 🇪🇺🇺🇸
EURUSD nicely respected a key daily horizontal support.
With a consequent bullish movement from that, the price went up
and violated a resistance line of a falling wedge pattern on a 4H.
It confirms a local bullish reversal.
We can expect a bullish movement at least to 1.05236
❤️Please, support my work with like, thank you!❤️
OIL India Ltd Short TradeHello,
Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum.
Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend.
Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios.
Details is Mentioned in Chart, Read carefully.. .
cholafin Swing TradeHello,
Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum.
Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend.
Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios.
Details is Mentioned in Chart, Read carefully.. .
Cigna (Extended Hours) | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Cigna (Extended Hours)
- Double Formation
* 370.20 USD | Trend Line Configuration | Subdivision 1
* 314.55 USD | Trend Line Support | Entry Settings | Continuation
- Triple Formation
* Pattern Confirmation | Reversed Bias & (Neckline)
* Retracement | Areas | (1) & 0.382)) | Subdivision 2
* Daily Time Frame Survey | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
ICICIGI Swing TradeHello,
Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum.
Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend.
Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios.
Details is Mentioned in Chart, Read carefully.. .
HCL Tech Swing TradeHello,
Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum.
Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend.
Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios.
Details is Mentioned in Chart, Read carefully.. .
Page industries ltd Swing TradeHello,
Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum.
Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend.
Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios.
Details is Mentioned in Chart, Read carefully.. .