Chart Patterns
Analysis on SET INDEX: Time to BetHey yo,
Today, SET index create the very strong rejection bar.
As a result, the overall momentum become upward despite being downtrend.
As i analyzed down into the smaller timeframe,
I think how they would behave can be decided into 2 cases.
First, can stay above 1095, it would likely hit the 1140 target. if broken, next target 1193
Second, cannot stay above 1095, it would go back to create sub-second leg around 1065.
Then if can hold at the level, it would go to 1140 too.
This is personal opinion. Dont take it too serious.
Best Regards,
TraderPP,
Ye Chart Kuch Kehta Hai - Cupid LtdTactical (Short-Mid Term): Wait for a confirmed breakout above ₹134–135 on strong volume before initiating new positions. With high RSI and Stochastic, expect potential short-term pullbacks.
Strategic (Long Term): If the fundamental growth and profitability remain intact, Cupid Ltd. remains a compelling long-term hold. Consider accumulating on dips or after consolidation phases for better risk-adjusted returns.
Technical Analysis (Chart Insights)
Cup and Handle Breakout: Cupid Ltd.'s weekly chart reveals a classic "cup and handle" pattern, typically signaling bullish continuation if broken with strong volume.
Resistance Level: The price is testing a major resistance around ₹134–135. A successful close above this level with heavy volume may open further upside.
Moving Averages: The stock is trading well above key EMAs (21, 50, 100, 200), indicating a strong uptrend.
Volume Spike: Noticeable increase in volume supports the recent upward movement, suggesting institutional interest.
Momentum Indicators:
RSI: Around 75, in overbought territory, which can lead to short-term pullbacks but also indicates strong momentum.
MACD: Shows bullish crossover and positive momentum.
Stochastic: Also overbought (>90), further reinforcing short-term caution.
ADX: Above 35, confirming a strong trend.
Fundamental Analysis Overview
(You requested fundamentals alongside technicals. Here’s a concise evaluation based on typically available metrics for Cupid Ltd:)
Business: Major Indian player in condom and lubricant manufacturing, catering to both domestic and export markets.
Profitability: Historically strong EBITDA margins, healthy net profits, and consistent dividend payouts.
Growth: Steady revenue and profit growth over recent years, supported by both government contracts and retail expansion.
Financial Health:
Minimal to no long-term debt; strong cash reserves.
Good return ratios (ROE, ROCE), suggesting efficient capital usage.
Valuation: As of recent data, the stock trades at a premium to sector peers on PE and PB, justified only if growth continues to accelerate.
Strengths
Market Leadership: Niche player in a high-barrier industry.
Exports: Significant export revenue implies diversification beyond India.
Financial Stability: Debt-free, good cash flows, and payouts to shareholders.
Risks
High RSI/Stochastic: Stock is technically overbought, susceptible to corrections.
Sectoral Constraints: Dependent on public sector/government orders, making earnings lumpy.
Valuation Premium: Sustained high valuation requires continuous growth execution.
"PEL is having formed a Cup and Handle pattern
*Chart Pattern Identified**:
A **Cup with Handle** formation has been identified on the daily/weekly chart of **Piramal enterprise**, signaling a potential bullish breakout. This classic continuation pattern typically leads to strong upward moves once the handle breakout is confirmed.
🔍 **Breakout Levels and Price Targets**
1. **Primary Breakout Level – ₹1275**
* This marks the neckline of the **Cup with Handle** formation.
* A confirmed breakout at ₹1275 would validate the pattern.
(based on the measured move from the depth of the cup added to the breakout point)
* Acts as a **pre-breakout resistance** or consolidation level.
* A **daily or weekly close above ₹1,275** with strong volume would indicate early momentum and buyer interest.
* **Target after this level is breached**: ₹1275 (primary breakout zone), and if sustained, an extended target of **₹1820**.
### 📌 **Technical Outlook**
| Level | Significance | Action |
| ------ | ------------------------ | --------------------------------------------------- |
| ₹1275| Cup with handle breakout | Key confirmation zone; breakout of pattern |
| ₹1820 | Extended target | Projected move after full breakout confirmation |
---
### 📈 **Trade Strategy**
* **Entry Option 1**: Anticipatory buy near ₹1,275.
* **Entry Option 2**: Breakout confirmation buy above ₹1275 with higher risk-reward toward ₹1820.
* **Volume Confirmation**: Essential at 1275 levels.
* **Stop-loss**: Dynamic trailing stop-loss below handle lows or breakout support zones depending on entry.
---
### ⚠️ **Risk Management & Considerations**
* Ensure confirmation via **volume expansion** and **daily/weekly close** above key breakout zones.
* Be cautious of false breakouts, especially if moves happen on low volume or during broader market weakness.
* Monitor sectoral momentum (capital goods, engineering, or mining equipment) as it may influence breakout strength.
AVAXUSD - Possible Correction from Channel ResistanceStructure: Ascending Channel
Indicators: RSI Overbought, Bearish Divergence Forming
📌 Confirmation:
Look for:
A strong bearish candle or
RSI breaking below 60
Volume divergence
Bias: Short-term bearish correction, bullish structure intact as long as price holds the channel.
ADAUSD - Possible Correction from Channel ResistanceStructure: Ascending Channel
Indicators: RSI Overbought, Bearish Divergence Forming
📌 Confirmation:
Look for:
A strong bearish candle or
RSI breaking below 60
Volume divergence
Bias: Short-term bearish correction, bullish structure intact as long as price holds the channel.
ETHUSD – Possible Correction from Channel Resistance!Pair: ETH/USD
Timeframe: 4H
Structure: Ascending Channel
Indicators: RSI Overbought, Bearish Divergence Forming
Volume: Spike into resistance
📉 What’s happening?
Ethereum just tagged the top of its ascending channel, showing early signs of rejection. RSI is hovering near overbought, with weakening momentum on the last push.
⚠️ Caution Zone:
$3,425 acting as upper resistance
Price may retrace to midline or lower channel support ($3,250 → $3,050 range)
📌 Confirmation:
Look for:
A strong bearish candle or
RSI breaking below 60
Volume divergence
Bias: Short-term bearish correction, bullish structure intact as long as price holds the channel.
Gold
⸻
1. Trade Setup Summary
✅ Trade Type: Long (Buy)
✅ Entry: 3,322.250
✅ Stop Loss (SL): 3,311.500
✅ Take Profits (TP):
• TP1: 3,341.000
• TP2: 3,358.000
• TP3: 3,378.000
⸻
2. Chart Context Analysis
🔷 Structure:
• The market had a strong bullish push before a correction phase.
• Current candle is aggressively bullish from the zone near your entry, suggesting buyers are reclaiming control.
🔷 Fair Value Gaps (FVG):
• There is an FVG area marked just above TP2 (around 3,358.000) indicating a price imbalance likely to be filled.
• Previous unfilled FVGs below acted as strong demand zones, supporting bullish continuation.
🔷 Trendline Observation:
• A dotted descending trendline was broken and price consolidated above it, suggesting a shift in market structure from bearish to bullish on lower timeframes.
⸻
3. Risk Management
• SL Placement: Below recent structural lows at 3,311.500, providing safety against liquidity sweeps while avoiding premature stop-outs.
• RR Ratio: Approximately 1:2 to 1:5 if all TPs are hit, making the setup favorable.
⸻
4. Overall Probability and Caution
✔️ Strengths:
• Confluence with FVG targeting.
• Strong bullish engulfing candle.
• Multi-TP strategy for secured partial profits.
⚠️ Risks:
• Potential rejection near TP2 due to previous supply reaction.
• High volatility can cause stop-out if market seeks liquidity deeper before continuation.
⸻
5. Conclusion
This setup aligns with smart money concept-based trades focusing on:
• Market structure shift
• FVG imbalance fills
• Clear SL protection with sequential TP levels
If you want, I can:
• Break this down into a daily plan for tomorrow’s session.
• Integrate it with your NAS100, US30, and Forex analysis for the week.
• Prepare similar structured breakdowns for your upcoming charts in your strategy refinement routine tonight.
Gold Market Analysis (XAU/USD) – MMC Analysis + Liquidity Target🧠 Market Context Overview:
Gold recently experienced a highly impulsive move from a major demand zone, suggesting strong smart money activity. The market is currently in the redistribution phase of the MMC (Market Maker Cycle), transitioning between a reversal impulse and a liquidity targeting move.
Let’s dissect the key zones, structure, and confluences that support the ongoing market narrative.
📍 1. Strong Demand Reaction (3X Demand Spike):
We start with a triple-tap demand rejection, where the price sharply reversed to the upside. This kind of movement typically represents:
Institutional Entry Points
Stop-Hunt Below Previous Lows
Liquidity Grab Before Expansion
This strong bullish engulfing candle signifies position building by smart money, often the beginning of a significant leg up.
🧱 2. Reversal Zone & Liquidity Imbalance:
The highlighted green zone between $3,370–$3,375 is crucial. Why?
It’s an inefficiency zone where price moved too fast with low resistance.
This created a liquidity void that typically needs to be revisited (also known as FVG – Fair Value Gap).
The area also coincides with structural resistance, making it a high-probability target for price to revisit and reject again or break through with intent.
📌 Smart money always returns to areas of unfilled liquidity to close their positions or trap late retail entries.
🔺 3. Volume Contraction (Wedge Pattern Formation):
After the explosive push upward, the market started compressing, forming a descending wedge — a classical volume contraction pattern.
What does this mean?
Volatility is decreasing
Liquidity is building up
Big breakout is expected
It’s like pulling a slingshot — the more it contracts, the stronger the release will be. The direction will depend on which side breaks first.
🔁 4. Previous Structure Flipped (Support turned Resistance):
You’ll notice a key level around $3,353–$3,355 acting as a flipped structure.
This was previously a support zone that got broken.
Now it’s acting as resistance — a classic example of support/resistance flip.
This adds confluence to the idea of a possible rejection or reaction in this area.
🧠 Structure flipping is a smart money trick — break structure, retrace to trap liquidity, and then run the opposite direction.
📊 5. MMC Logic – Market Maker Cycle in Play:
Here’s how the MMC is flowing:
Accumulation (bottom consolidation)
Manipulation (liquidity sweep below demand)
Expansion (aggressive upward move)
Contraction (volume dies, price slows down)
Now we’re waiting for the next manipulation or expansion phase.
The current wedge is the pause before the next move, which could fill liquidity in the reversal zone or go lower to sweep resting sell-side liquidity.
🎯 Trading Scenarios:
✅ Bullish Bias (if breakout happens):
Break and close above the wedge
Retest previous flipped structure successfully
Target: Liquidity zone at $3,370–$3,375
🎯 This move would fill the imbalance and potentially tag sell-side liquidity sitting at the top.
❌ Bearish Bias (if rejection holds):
Failure to break above flipped structure
Breakdown from the wedge
Target: Demand origin around $3,325–$3,315
🧲 A move lower would make sense if liquidity remains uncollected beneath the range.
🧵 Final Thoughts:
Gold is currently in a high-probability setup zone. We have:
✅ Clear demand reaction
✅ Imbalance above
✅ Volume contraction
✅ Flipped structure
✅ Strong MMC confluence
Now it's a waiting game. Let the market show its hand — either a clean breakout with volume or a fakeout/rejection and reversal.
📌 "Trade what you see, not what you think. Let the levels and liquidity guide your decision."
Ethereum (ETH): Looks Good, We Are Going For $3300-3400 EasilyWe are flying; Ethereum seems strong, so we are bullish on it. Our target of $3K was reached and broken easily, and now we are looking for the next resistance area to be reached, which is $3300-3400.
Targets are set; the first one got reached, and now we're heading towards the other 2 targets of ours!
Time for BINGX:ETHUSDT.P to shine.
Swallow Academy
DeGRAM | ETHUSD above the resistance area📊 Technical Analysis
● Price burst through the 12-week compression roof, converting the 2 990 supply into support and printing the strongest close since March.
● The pull-back just retested both the purple trend-fan and the 2 960 flip zone; the active rising channel and flag depth map the next magnet at 3 410.
💡 Fundamental Analysis
● SEC’s 12 Jul request for updated spot-ETH ETF S-1s hints at imminent approval, fuelling fresh inflows.
● Glassnode reports the largest daily net-staking deposit since April, reducing exchange float and adding bid pressure.
✨ Summary
Long 2 960-3 000; holding above 2 990 targets 3 110 → 3 410. Bias void on an H4 close below 2 860.
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GBP USD longthere is an uncertainty in the market that make it hard to be confident about the situation..
but lets see if it decide to go up it can be a viable setup ...
Please note: This is for educational purposes only and not a trading signal. These ideas are shared purely for back testing and to exchange views. The goal is to inspire ideas and encourage discussion. If you notice anything wrong, feel free to share your thoughts. In the end, to learn is to share !
ETHUSD Is Going Up! Buy!
Please, check our technical outlook for ETHUSD.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 3,011.53.
Considering the today's price action, probabilities will be high to see a movement to 3,240.64.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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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NZD/USD SELLERS WILL DOMINATE THE MARKET|SHORT
NZD/USD SIGNAL
Trade Direction: short
Entry Level: 0.607
Target Level: 0.592
Stop Loss: 0.617
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1D
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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usdt.dHello friends (I haven't been watching the market for a long time because of a series of bad things that happened to me in the last year) Today I was watching the crypto market and I saw that Tether's dominance could move in this direction. I wanted to share with you and this is just my personal opinion. Good luck with the daily timeframe.
XAUUSD:Go long
Based on the 4-hour analysis, the short-term support below for today remains focused on the area around 3318-25, while the short-term resistance above focuses on the 3340-45 level. The key resistance above is at 3380. Overall, this range remains the main framework for our participation in the trade, with positions generally being cautious and waiting for key levels to enter. I will provide specific trading strategies during the session, so please stay tuned. Given that the current market has retraced to 3325 and then rebounded, we can go long in the 3325-30 range.
Trading Strategy:
BUY@3325-30
TP:3340-45
More detailed strategies and trading will be notified here ↗↗↗
Keep updated, come to "get" ↗↗↗