CORRECT WAY OF WATCHING YOUR SCREENI believe if you really wanna achieve success in trading it is very important to see how you are looking your charts, while watching your charts your love curves should be easily visible. Creating that perception is trading. On a serious note Gold movement is amazing.
Chartpattren
Jindal stainless ltdJindal Stainless Ltd has been forming higher lows and has now broken through the key resistance level at 660. With this congestion breakout, the stock signals a continued bullish move, potentially heading towards the target of 740.
Please conduct your own technical analysis and apply proper risk management before taking any trade. This is solely my personal view.
#jsl #bestbreakout #uptrend #longteam
XAU/USD) Breakout strong bullish trend Read The captionSMC Trading point update
Technical analysis chart of gold (XAUUSD) on the 4-hour timeframe. Here’s a breakdown of the key ideas presented in the chart:
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Key Support/Resistance Zone
A yellow rectangular zone marks a significant support/resistance level.
This level was previously a resistance and has now been flipped into support ("new support level").
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Trend Analysis
Uptrend line (lower diagonal line): Shows support and higher lows forming a bullish structure.
Downtrend lines (upper diagonals): Show past resistance levels being tested.
Strong downtrend line has now been broken, which is bullish.
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Target Points
Three bullish targets are marked:
1. $3,436.70
2. $3,500.93
3. $3,647.33
These targets seem to be based on:
Breakout above the resistance zone.
Measured move projections from previous impulsive rallies.
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Technical Indicators
200 EMA (Exponential Moving Average): Currently at $3,261.87, acting as dynamic support.
RSI (Relative Strength Index):
Current RSI is 54.80, indicating neutral momentum.
Previously touched overbought zone (~69), indicating strong recent bullish momentum.
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Arrows
Green arrows mark strong bullish bounce points.
Red arrow marks a rejection from the downtrend line (previous resistance).
Mr SMC Trading point
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Conclusion (Idea Summary)
Price has broken out of consolidation and downtrend resistance.
If the price holds above the yellow support zone and 200 EMA, a bullish continuation is likely.
Targets: $3,436 → $3,501 → $3,647.
Confirmation of breakout and momentum depends on volume and RSI behavior in coming candles.
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pelas support boost 🚀 analysis follow)
USD/JPY) breakout bearish trand analysis Read The captionSMC trading point update
Technical analysis of the USD/JPY (US Dollar / Japanese Yen) pair on a 2-hour timeframe. Here's the idea behind the analysis:
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Overall Idea: Bearish Move Toward Support
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Key Levels
Resistance Zone (Yellow Box, Top): Marked with two red arrows — shows strong price rejection around 146.00–147.00 area.
Support Zone (Yellow Box, Bottom): Around 139.85, marked as a target point and support level.
These two zones form the range in which price has been reacting.
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Current Price Action
Price is currently trading at 142.649, well below the 200 EMA (at 144.190), which is a bearish signal.
It has broken below the mid-range and seems to be heading toward the lower support zone (139.85).
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Trend & Structure
The price is following a downward trend after rejecting from the resistance zone.
The channel suggests a further leg down is likely to complete a measured move.
A temporary retest of the broken trendline might occur before continuation down.
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RSI (Relative Strength Index)
Currently around 31.83, nearing oversold territory, indicating the potential for:
A short-term bounce before further downside, or
A reversal near the key support zone.
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Projection
The projection arrow (blue) suggests a bullish rebound from the 139.85 support zone.
This aligns with a potential buy opportunity once support is confirmed.
Mr SMC Trading point
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Conclusion (Trade Idea Summary)
Short-Term Bias: Bearish
Medium-Term Setup: Look for a buy opportunity around 139.85, if price reacts well.
Key Steps:
1. Watch for price to reach 139.85.
2. Look for bullish reversal patterns or confirmations at that level (e.g., bullish engulfing, RSI divergence).
3. If confirmed, a potential long trade could target back toward the 144–145 zone.
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XAU/USD) Technical analysis Read The captionSMC trading point update
Technical analysis of Gold (XAUUSD) on the 1-hour timeframe. Here's a breakdown of the key ideas in the analysis:
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Chart Elements:
Support Level (Yellow Zone at ~3,340–3,350):
This area has been highlighted as a key support zone where price has bounced previously.
Price is currently hovering just above this level.
Downtrend Line:
A descending trendline is drawn, indicating a short-term bearish trend.
A breakout above this line could trigger bullish momentum.
Two Scenarios Outlined:
Bullish Scenario:
If price breaks the downtrend and holds above support, it may rally towards the upper target point at 3,419.68.
Bearish Scenario:
If price breaks below the support, the next target point is marked lower around 3,300.62, a previous consolidation area and close to the 200 EMA (blue line).
200 EMA (~3,324.72):
Acts as dynamic support. If price moves below it, bearish sentiment may increase.
RSI (Relative Strength Index):
RSI is neutral (~50.54), not showing overbought or oversold signals, leaving room for movement in either direction.
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Key Takeaways:
Neutral-Biased Setup: The price is consolidating between a clear support level and downtrend resistance.
Confirmation Needed: A breakout from either direction is necessary to confirm the next move.
Bullish Breakout: May lead to a retest of highs at 3,419.68.
Bearish Breakdown: Could push the price toward 3,300.62, aligned with past support and the 200 EMA.
Mr SMC Trading point
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Trading Ideas (based on this analysis):
Long Entry: On breakout above the downtrend line + confirmation above 3,360.
Short Entry: On breakdown below 3,340 with strong volume.
Stop-Loss: Just outside the consolidation zone depending on trade direction.
Risk Management: Be cautious around economic news (calendar icons shown suggest upcoming events).
Please support boost this analysis )
AJA'S Gold view... Daily Timeframe Analysis.Gold has been on a correction spree now, with short term buys.
On the monthly timeframe, Gold is completely OVERSOLD.
From my analysis on the daily timeframe, the bear power is more, we'll keep selling to our poi, which is our order block at 3025-2975.
Gold needs to make a huge correction by coming down past the inducement point at 3122 before hitting the order block at that BOS.
Then we'll see if the bearish market will continue, or the bull will take power.
What do you think about this analysis?
earish trand analysis Read The ChaptianSMC trading point update
Technical analysis of (BTC/USDT) based on the 4-hour timeframe. Here’s a detailed breakdown of the analysis and the idea behind it:
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Key Components of the Analysis:
1. Resistance Zone (FVG - Fair Value Gap):
The yellow zone marked as “fvg resistance level” indicates an area where price previously dropped quickly, suggesting inefficiency or imbalance in the market.
Price is approaching this zone again, which acts as a strong resistance.
2. Trendline & Lower Highs:
A descending trendline (with red arrows) shows consistent lower highs, indicating ongoing bearish pressure.
Each rejection from the trendline reinforces sellers’ dominance.
3. CHOCH (Change of Character):
The label “choch” signifies a market structure break, where bullish structure turned bearish.
This marks the transition to a downtrend.
4. EMA 200 (Exponential Moving Average):
The EMA (currently around 102,753) acts as dynamic support.
Price is currently trading above it, but a rejection from the resistance may push it below.
5. Target Zone:
A yellow box near 100,817.99 is labeled “target point”, indicating a possible short-term bearish target if price gets rejected at resistance.
6. RSI (Relative Strength Index):
RSI is around 47.11, slightly below neutral (50), suggesting bearish momentum could be building.
No clear oversold or overbought conditions yet.
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Trade Idea Summary:
Bias: Bearish
Scenario:
If price reaches the resistance zone (~106,800–107,500) and fails to break above, a sell-off is expected.
First target: 100,800–101,000 zone
Price may also dip below EMA 200 confirming bearish strength.
Confirmation:
Rejection candle or bearish engulfing pattern near resistance.
RSI staying below 50 and starting to dip.
Invalidation:
Clean breakout and close above the resistance zone and trendline (~108,000+).
Mr SMC Trading point
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Conclusion:
This chart sets up a high-probability short trade around the resistance area, leveraging both structural and momentum indicators. It suggests waiting for confirmation of rejection before entering, targeting the previous support and imbalance zone below.
Pales support boost 🚀 analysis follow)
XAU/USD) Bearish trand analysis Read The ChaptianSMC trading point update
Technical analysis of XAU/USD (Gold Spot) on the 1-hour timeframe, based on Smart Money Concepts (SMC). Here's a breakdown of the idea and trading scenario:
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Overall Idea: Bearish Continuation
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Market Context
Current Price: $3,291.99
EMA 200: $3,297.69 (acting as dynamic resistance)
Trend: Price is within a descending channel, respecting both downtrend and uptrend lines
Directional Bias: Bearish unless a breakout occurs
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Key Zones
1. Resistance Level (Sell Zone)
Around $3,320–$3,340
Price rejected this level multiple times → strong supply zone
2. FVG Level (Fair Value Gap)
Around $3,305–$3,315
Price tapped this area and showed rejection
Identified as a "seller zone" – price likely filled imbalance and now resuming trend
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Projected Move
Price is expected to:
1. Reject EMA and FVG zone
2. Continue downward movement
3. Target support around $3,244.95
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Indicators
EMA 200: Above price → bearish pressure
RSI (14): ~46.78 → no extreme reading, but leans bearish; room for further downside
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Trade Idea Summary
Bias: Bearish
Sell Entry: ~$3,300–$3,310 (already triggered)
Stop Loss: Above $3,320
Target: $3,244.95 (demand zone / previous low)
Risk/Reward: Favorable (~1:2+)
Mr SMC Trading point
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Warnings
Multiple economic event icons are marked (bottom of chart) → potential high volatility, especially around NFP/FOMC-related news
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pales support boost 🚀 analysis follow)
EUR/USD) Bearish breakout analysis Read The ChaptianSMC trading point update
Technical analysis of EUR/USD on the 1-hour timeframe, likely projecting a short-term downward move. Here’s a breakdown of the technical analysis and the trade idea:
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Key Elements in the Chart:
1. Bearish Rejection from Resistance:
Price was rejected twice near the 1.14400 resistance zone (highlighted in yellow).
The red arrows mark double rejection at this level, suggesting strong selling pressure.
2. Break of Rising Channel:
Price was previously moving inside a rising channel.
Recent price action shows a clear breakdown below the lower trendline, indicating trend reversal.
3. 200 EMA (Exponential Moving Average):
EMA is around 1.13188 and price is below it, reinforcing bearish momentum.
EMA also acted as dynamic resistance after the channel breakdown.
4. Target Zone – Support Area:
The yellow support zone around 1.10911 is the target point.
This was a previous area of price consolidation and demand.
5. RSI (Relative Strength Index):
RSI is near 51, hovering around the neutral zone.
Not strongly bearish yet, but room remains to drop toward oversold if the downtrend continues.
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Trade Idea Summary:
Bias: Bearish
Scenario:
Price has broken a key structure and is retesting the breakdown.
Expect continuation toward the 1.10900 support zone.
Entry Zone:
Near current price (~1.13400–1.13500), ideally on a retest of the EMA or broken trendline.
Target:
1.10911 (highlighted support level).
Stop-Loss (Invalidation):
A break and close back above the resistance zone (~1.14000–1.14200).
Mr SMC Trading point
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Conclusion:
This is a high-probability bearish setup following a structure break, retest, and double top rejection. It targets a move back down toward a previously strong support level, with a favorable risk-to-reward ratio.
Pales support boost 🚀 analysis follow)
GBP)JPY) Technical analysis setup Read The ChaptianSMC trading point update
Technical analysis of GBP/JPY (British Pound / Japanese Yen) on the 3-hour timeframe using Smart Money Concepts (SMC) and structure-based patterns.
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Market Overview
Current Price: 193.808
EMA 200: 193.100 (acting as dynamic support)
RSI (14): 42.24 → Neutral/Bearish territory
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Two Possible Scenarios (Bullish & Bearish)
Bullish Scenario
Zone of Interest: 193.1–193.5 (support area)
Price is hovering just above the support level and 200 EMA.
Double green arrows mark previous rejections = demand zone.
If price respects support and forms a higher low:
Possible rally to:
First Target: 196.415
Second Target: 198.838
Bearish Scenario
If price breaks below the yellow support zone and 200 EMA:
Clean path down to:
Target Point: 190.098 (marked strong support zone)
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Zones of Importance
Support Level: 193.0–193.5 (minor support, under retest)
Strong Support Level: ~190.1 (high probability bounce zone)
Target Resistances:
196.415 (intermediate high)
198.838 (major resistance / swing high)
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Trade Plan Summary
Direction Entry Zone SL Target R/R Potential
Long 193.1–193.5 Below 193.0 196.4 / 198.8 1:2 to 1:3+
Short Below 193.0 Above 194.0 190.1 1:2+
Mr SMC Trading point
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Additional Notes
Watch price action closely at the support zone before entry.
RSI shows some bearish momentum but not oversold yet.
The outcome may be influenced by JPY strength and macro events (check economic calendar).
pales support boost 🚀 analysis follow)
USD/JPY) bullish choch Analysis Read The ChaptianSMC trading point update
Technical analysis of USD/JPY presents a bullish outlook with Smart Money Concepts (SMC)-based logic. Here's a breakdown of the idea and key elements:
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Chart Summary
Current Market Context
Price: ~144.05
EMA 200: Acting as dynamic resistance at 144.19
Trendline: Broken, signaling a potential shift in market structure
Change of Character (ChoCh): Confirmed around 143.3, marking a bullish transition
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Key Zones Identified
1. Support Level (Strong Demand Zone)
Around 141.8–142.5
Marked by historical rejections
Possible mitigation of unfilled orders here
2. Fair Value Gap (FVG)
Between 143.0–143.8
Price may return to fill this imbalance before rising
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Projected Move
Price is expected to:
1. Dip into the FVG or Support Zone to mitigate imbalance
2. Reverse and make a bullish rally
3. Reach the target point near 148.68 (approx. +4.55%)
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RSI Analysis (14-period)
Current RSI: ~49 (neutral)
No overbought/oversold condition
Room for upside momentum
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Notable Features
Break of structure (ChoCh) → Bullish signal
EMA crossover potential → Bullish confluence
Multiple FVG fills + support reaction → Entry confirmation opportunities
Economic events marked → Be cautious of volatility spikes
Mr SMC Trading point
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Trading Idea Summary
Buy Entry Zone: 141.8–143.0 (support or FVG)
Stop Loss: Below 141.5
Target: 148.68
Risk/Reward: Favorable (approx. 1:3+)
Pales support boost 🚀 analysis follow)
USD/JPY) Bullish reversal analysis Read The ChaptianMr SMC Trading point update
Technical analysis for the USD/JPY (U.S. Dollar / Japanese Yen) on the 4-hour timeframe. Here's a detailed breakdown of the idea and strategy:
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Key Components of the Chart:
1. Strong Support Zone:
The yellow zone is labeled as a “big support level of pullback”, around the 142.00 – 141.20 range.
Price has historically bounced from this zone, suggesting demand and buyer interest.
2. Bullish Structure Setup:
Price is forming a double bottom or potential reversal pattern in the support zone.
A downtrend line is clearly marked, and a break above this trendline would signal bullish continuation.
3. EMA 200 (at 145.020):
The EMA is currently acting as dynamic resistance.
A breakout above the EMA would confirm further bullish momentum.
4. RSI Indicator:
RSI is currently below 30, indicating the market is oversold – a common precursor to a bullish reversal.
5. Target Levels:
Target 1: 145.803 – likely the first resistance level or EMA retest.
Target 2: 148.587 – a prior high and strong resistance area.
6. Projection:
Price is expected to bounce from support, break the trendline, retest, and then rally to higher levels.
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Trade Idea Summary:
Bias: Bullish
Entry Zone: Near 142.00 – 141.20 (support zone)
Confirmation: Break above the descending trendline + bullish RSI divergence
Targets:
TP1: 145.803
TP2: 148.587
Invalidation: Break and close below 141.00 (support zone broken)
Mr SMC Trading point
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Risk Management Suggestion:
Use a tight stop-loss below the support zone, considering it's the key reversal area. Also, keep an eye on fundamental factors such as U.S. and Japan interest rate decisions or key economic events (indicated by the icons on the chart).
Pales support boost 🚀 analysis follow)
EUR/USD Technical Outlook (Read Caption)📈 EUR/USD Technical Outlook
🗓️ Date: May 28, 2025
🕒 Timeframe: Likely 4H
💵 Current Price: 1.13387
📍 Chart Zones & Market Structure
🟣 Support Zone (1.1280 – 1.1310)
🟢 Buyers Active!
✅ Strong demand visible with multiple bullish rejections (marked by green arrows).
🛡️ Market respects this zone – accumulation possible.
🧲 Acts as a springboard for upward moves.
🔴 Resistance Zone (1.1420 – 1.1450)
🔻 Sell Pressure High!
Repeated rejection at this level (red arrows 📉).
🚫 Strong resistance; previous highs couldn’t sustain.
⚠️ Price may pause or reverse here again.
📊 Price Action Pattern
📐 W-Pattern / Double Bottom Formation
The chart outlines a potential W-shaped recovery from support.
🔄 Suggests possible bullish reversal if neckline breaks around 1.1380.
🎯 Target post-breakout aligns with resistance zone (1.1420+).
🔮 Bullish Scenario (Blue Arrow)
💡 Plan: Break + Retest at 1.1380 = 🚀 Long Opportunity
📈 Target: 1.1420–1.1450 zone
📦 Entry confirmation: Bullish engulfing or strong breakout candle
🛑 SL: Below 1.1310
🧠 What to Watch
🔔 Key Economic Events Coming (🎯🇺🇸 & 🇪🇺 icons):
High volatility expected — align trades with fundamentals.
📅 News catalysts can validate or invalidate the technical setup.
🧭 Professional Tip
📌 "Structure first, signals second"
Let the price react at key zones before entering.
Patience + Reaction = Precision Trades 🧠📊
✅ Conclusion
The market is in a neutral-to-bullish phase, trading between well-defined support and resistance. With a clean structure forming and economic events lining up, it’s a great moment to stay alert, plan your entries, and execute only with clear confirmation. 🎯📉📈
Bitcoin's Breakout Fizzles: Is a Major Reversal in Play...?Bitcoin Technical Analysis – In-Depth Breakdown
Over the past two months, Bitcoin has exhibited a strong bullish trend, appreciating by approximately 51%. The sustained rally was primarily driven by bullish momentum, increased investor confidence, and broader market sentiment.
Recently, Bitcoin broke through its all-time high (ATH) of 106,500, surging to a new peak near 112,000. However, this breakout was short-lived as the price failed to sustain above this level, indicating significant profit-taking activity by traders and long-term holders. This inability to hold the ATH region highlights a potential liquidity pocket where sell orders accumulate, resulting in a rejection wick and a subsequent reversal.
From a Technical perspective:
The price has now fallen back below 106,500, turning this key level into a major resistance zone. Historically, once a strong resistance level (like an ATH) is breached and subsequently reclaimed, it often acts as a formidable barrier to upward price movement unless there’s renewed bullish momentum.
Additionally, Bitcoin has broken its ascending trendline (drawn from the lows of the uptrend) and has already retested this trendline from below. The retest was successful in confirming the breakdown, which further strengthens the bearish bias.
The price structure is now forming a potential lower high pattern near the 106,500 resistance. This could signal a shift in market sentiment from bullish continuation to consolidation or correction.
In terms of market psychology, the all-time high region represents a crucial psychological barrier. Traders and investors often exhibit heightened caution near such levels. Many choose to lock in profits due to fear of a double top or a false breakout. This behavior can create increased volatility, especially when combined with institutional and retail order flows.
Trading Strategy and Risk Management
Given the technical breakdown and the psychological factors at play:
✅ A short position can be considered, particularly around the 106,500 resistance, with confirmation from the trendline retest.
✅ However, exercise caution due to the high volatility typically observed near ATH levels. Whipsaws and fakeouts are common as both bulls and bears battle for control.
✅ Avoid high-leverage positions unless you have a strict stop-loss in place. Ideally, place the stop-loss just above the 106,500 - 107,000 zone, where a decisive breakout would invalidate the short setup.
✅ For profit targets, initial supports are seen around 100,000 - 98,000, and a deeper correction could test the 94,000 - 92,000 zone.
✅ Wait for clear confirmation, such as a strong bearish candle on the retest of the resistance, before entering the trade.
EUR/USD) breakout Analysis Read The ChaptianSMC trading point update
Technical analysis for EUR/USD (Euro/US Dollar) on a 3-hour timeframe presents a bearish outlook. Here's a breakdown of the key ideas and elements in the analysis:
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1. Breakdown of Rising Channel
Ascending Channel: Price was moving upward within a clearly defined channel.
Breakout: The price broke below the ascending channel, indicating a potential trend reversal or correction.
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2. Resistance Zone (Yellow Box)
Multiple Rejections: Red arrows mark points of rejection from the resistance area.
“Breakout” Label: Indicates this area was previously a support that turned into resistance after the price dropped below it.
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3. EMA 200
The 200 EMA is plotted and the price is trading slightly above it, but very close.
A break and sustained movement below the 200 EMA would typically support a bearish trend continuation.
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4. Bearish Projection
Downward Zigzag Path: Implies an expected short-term correction followed by further decline.
Target Points:
First target: 1.11307
Second, more extended target: 1.10639
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5. RSI (Relative Strength Index)
Current Value: Around 38.84, which is near the oversold region (30).
Bearish Momentum: RSI is trending downwards, suggesting strengthening bearish momentum.
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6. Fundamental Events
Multiple icons at the bottom (e.g., flags, calendar) indicate upcoming economic events/news which could influence volatility and confirm or invalidate the move.
Mr SMC Trading point
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Conclusion:
This analysis suggests a bearish short- to medium-term outlook for EUR/USD, especially if price confirms a break below the 200 EMA. The resistance zone (around 1.133–1.135) is now seen as a supply zone, and the targets are around 1.113 and 1.106.
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Suggestions/Considerations:
Watch the 200 EMA: A solid break below it would reinforce the bearish bias.
Monitor Fundamentals: U.S. and Eurozone economic news could heavily impact price action.
RSI Oversold Caution: If RSI dips further, a bounce might occur before full target completion.
Pales support boost 🚀 analysis follow)
XAU/USD) 3 top technical analysis Read The ChaptianSMC trading point update
Technical analysis (XAU/USD) on a 4-hour timeframe, with key elements and potential price scenarios illustrated. Here's a breakdown of the idea behind this analysis:
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1. Key Levels and Zones
Resistance Zone (~3,320–3,330):
Marked with red arrows indicating multiple rejections.
A crucial supply zone that the price failed to break several times.
Support Zone (~3,280–3,290):
Labeled as “nak support level” (likely means "neckline" support in a possible head-and-shoulders structure or just a key level).
Important for bullish structure continuation.
Lower Target Zone (~3,205):
A demand zone if the support fails.
Labeled as another “target point” indicating a bearish projection.
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2. Trend Context
The price was in an upward channel (highlighted as "up trend"), which has now been broken.
EMA 200 (~3,251) is acting as a dynamic support.
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3. Potential Scenarios
Bullish Scenario (Red/Blue Arrows Up):
If the price holds the “nak support level” and breaks back above resistance (~3,320):
A bullish move toward 3,367 and even 3,435 is expected.
The blue arrow shows a projected upside target of ~105 points.
Bearish Scenario (Black Arrow Down):
If the price breaks below the neckline/support and EMA 200:
A drop toward the 3,205 area is anticipated.
Target aligns with previous structure lows and a clean demand zone.
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4. RSI Indicator (Bottom Panel)
RSI is hovering around neutral (~45–50), offering no strong momentum bias.
Could support either a bounce or a breakdown, depending on upcoming moves.
Mr SMC Trading point
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Conclusion / Idea Summary
This chart presents a conditional trade setup:
Above 3,320: Long toward 3,367–3,435.
Below 3,280–3,250 (and EMA 200): Short toward 3,205.
The market is currently at a decision point, and traders should wait for confirmation (breakout or breakdown) before entering a trade.
Pales support boost 🚀 analysis follow)
XAU/USD) Bearish trand analysis Read The ChaptianSMC trading point update
Technical analysis for Gold (XAU/USD) on the 4-hour timeframe. Here's a breakdown of the key ideas and strategy behind it:
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Key Elements of the Chart:
1. Descending Channel Pattern:
Price is moving within a descending channel (downward sloping resistance and support lines).
The red arrows mark previous rejections from the upper boundary of the channel.
2. Supply Zone / Resistance Area:
Highlighted in yellow, the price has entered a supply zone (between 3,412.00 and 3,440.42), historically where selling pressure has emerged.
The analysis suggests sellers may dominate again in this zone.
3. Price Action Projection:
Expected to reject from the supply zone, possibly forming a lower high.
Price is projected to break the short-term upward trendline, then fall sharply.
4. Target Points:
First target: 3,206.96 – likely aligned with a minor support level or Fibonacci retracement.
Second target: 3,085.56 – near the lower boundary of the descending channel.
5. EMA 200 (3,238.55):
Price is currently above the 200 EMA, but the projection anticipates a breakdown below it, confirming further bearish sentiment.
6. RSI Indicator:
RSI is at 67.56, near overbought territory, suggesting limited upside and a possible correction.
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Trade Idea Summary:
Bias: Bearish
Entry Zone: Between 3,412 – 3,440 (supply zone)
Confirmation: Rejection at the trendline + RSI divergence
Targets:
TP1: 3,206.96
TP2: 3,085.56
Invalidation: Break and hold above 3,440.42 (channel breakout)
Mr SMC Trading point
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Risk Management Note:
Ensure stop-loss is placed above the resistance zone (e.g., around 3,450) to mitigate false breakouts. Monitor fundamentals like upcoming US economic data, as they can heavily impact gold.
Pales support boost 🚀 analysis follow)
GBP/JPY) Bullish pullback analysis Read The ChaptianSMC trading point update
Tchnical analysis for GBP/JPY (British Pound / Japanese Yen) on the 4-hour timeframe. Here’s a breakdown of the trading idea and structure:
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Key Technical Elements:
1. Support Zones:
Orderblock Zone (small yellow box near 192.15): Price is currently hovering around this area, which acts as a demand zone.
Main Support Level (larger yellow zone around 190.00): A deeper pullback may test this level if the orderblock fails.
2. EMA 200 (192.167):
Price is fluctuating around the 200 EMA, showing indecision.
A strong bounce above this moving average could indicate bullish momentum resuming.
3. RSI Indicator:
RSI is neutral (~47.80), leaving room for upside movement without being overbought.
4. Projected Price Path:
Two potential bullish scenarios:
A bounce from the orderblock leads straight to a rally.
A deeper dip into the support level forms a double bottom or liquidity grab, followed by a strong reversal.
5. Target Point:
The projection shows price rising to 196.368, which is a prior high and significant resistance.
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Trade Idea Summary:
Bias: Bullish
Entry Zone:
Primary: Around 192.15 (orderblock)
Secondary (deeper entry): Around 190.00 (support level)
Confirmation: Bullish engulfing candle or strong wick rejection near entry + price reclaiming 200 EMA
Target: 196.368
Invalidation: Break and close below 189.80 (support zone violated)
Mr SMC Trading point
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Risk Management & Notes:
Good R:R potential if entering near support with a stop below 189.80.
Watch for confirmation before entry — especially if price dips to the lower support.
Macroeconomic events (UK or Japan central bank decisions) could impact volatility.
Pales support boost 🚀 analysis follow)
Gold (XAU/USD) Bearish Trendline Breakout – Short Set.Trend Channel: Price had been moving within a clear ascending channel. Recently, price action tested the lower trendline and appears to have broken below it, indicating potential bearish momentum.
Ichimoku Cloud: The price has moved below the Ichimoku cloud, which adds further bearish confirmation. This breakdown of both the trendline and the cloud indicates a possible shift in trend direction.
Volume Spike: A slight increase in volume during the breakout suggests growing interest from sellers.
Entry Signal: The chart marks a zone (circle) where traders should watch for a red candle confirmation. A bearish close below the trendline supports initiating a short position.
Targets:
TP1 (Take Profit 1): Around the 3,240 zone — this is a moderate support area and a conservative profit target.
TP2 (Take Profit 2): Around the 3,160 zone — this aligns with a previous demand zone and represents a deeper corrective move.
Trade Strategy:
Entry: After confirmation with a red candle below the trendline and Ichimoku cloud.
SL (Stop Loss): Ideally placed above the trendline or recent high to protect against a false breakout.
Conclusion:
If the price holds below the ascending channel and the Ichimoku cloud, the setup favors short sellers. Watch closely for bearish candlestick confirmation before entering. TP1 and TP2 offer clear targets based on past support zones.
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BTC/USD) Make some trand analysis Read The ChaptianSMC trading point update
Technical analysis of Bitcoin (BTC) against USDT on a 4-hour timeframe using key price action concepts. Here's a breakdown of the idea conveyed:
Key Elements in the Chart:
1. Support and Resistance Zones:
Support Level (Yellow Boxes): Indicate areas where buying interest is strong enough to prevent the price from falling further.
Resistance Level: Zones where selling interest is strong enough to halt upward price movement.
These zones have been respected multiple times and serve as potential trade entry or exit points.
2. Breakout Strategy:
The chart highlights breakout points (black circles) above resistance zones, signaling strong bullish momentum.
After breaking resistance, price typically retests the zone as new support before moving higher—this is a classic breakout and retest structure.
3. Target Projection:
The vertical lines represent measured move projections, likely using the height of the prior consolidation range to estimate the next move.
The target point is marked around $112,559.59, indicating a bullish target following the breakout.
4. 200 EMA (Exponential Moving Average):
The 200 EMA at $96,827.38 acts as dynamic support, showing the overall bullish trend is intact.
5. RSI (Relative Strength Index):
RSI values (54.97 and 52.87) suggest neither overbought nor oversold conditions, implying room for further upside.
Mr SMC Trading point
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Conclusion:
The analysis suggests a bullish continuation setup:
BTC has broken out from a consolidation range.
Retesting previous resistance as support.
The bullish target is $112,559.59 based on the breakout projection.
The trend remains bullish as long as price stays above the support zone and 200 EMA.
Pales support boost 🚀 analysis follow)
XAU/USD) Bullish reversal analysis Read The ChaptianSMC trading point update
Tchnical analysis for XAU/USD (Gold vs US Dollar) on the 4-hour timeframe, using Smart Money Concepts (SMC). Here's a breakdown of the idea behind this analysis:
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1. Trend & Structure
The previous downtrend was broken with a change of character (ChoCH), suggesting a possible bullish reversal.
After the ChoCH, the market formed bullish order blocks which have been respected, confirming the bullish sentiment.
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2. Key Levels
Support level: Around 3,220–3,240 region, coinciding with the 200 EMA, which has acted as dynamic support.
Order blocks: Several yellow zones indicate areas of institutional buying interest.
The most recent "new order block" is closer to the current price, showing a potential short-term demand zone.
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3. Price Projection
The chart suggests a bullish continuation, projecting a move towards:
Target Point 1: Around 3,350–3,349.50
Target Point 2: Around 3,408–3,407.98
These levels are likely based on prior highs or imbalance zones.
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4. RSI Indicator
RSI is above 65, showing bullish momentum, but nearing overbought territory (>70), which could signal a short-term pullback before continuation.
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5. Trade Idea (Visualized Path)
A potential small pullback into the "new order block" around 3,280 is expected.
From there, price may rally to the next supply zones or previous highs, offering a potential gain of ~1.44%.
Mr SMC Trading point
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Summary of the Idea
This is a bullish continuation setup based on:
Trend reversal via ChoCH.
Strong order block formations.
EMA 200 support.
RSI confirmation.
Traders might look to enter near the new order block (around 3,280), targeting 3,350 and then 3,408, while managing risk below the order block support.
Pleas support boost 🚀 analysis follow K
Nifty50 – Wave IV Unfolding Within the Grand SupercycleFrom the Grand Supercycle perspective on the monthly chart, we can observe a consistent pattern — every major a-b-c corrective phase has unfolded as a form of flat correction before the next rally. Based on this historical rhythm, and the current market structure, I believe we are still in the process of completing Wave V of the Grand Supercycle.
This long-term view is overlayed on the chart to help contextualize what’s happening now.
Zooming In – The Weekly Breakdown Within Wave IV and V:
Within this broader Grand Supercycle, the weekly chart captures a five-wave subdivision between Supercycle’s Wave IV and the yet-to-be-completed Wave V.
Wave III has completed after achieving a 100% projection of Wave I from Wave II , respecting classic Fibonacci symmetry.
After the Wave III high, we’ve entered a correction phase , where sub-wave b is currently unfolding.
Flat Correction in Play?
For the current move to qualify as a Flat correction:
Wave b must retrace at least 90% of Wave a .
This requirement is crucial to maintain the “Flat” identity of the structure.
Depending on the nature of the flat:
If it’s a Regular Flat or Expanding Flat, Wave c must break below the bottom of the rising parallel channe l, and end below the low of Wave a .
If it’s a Running Flat , Wave c can stay above Wave a’s low, and price may remain within or near the channel’s lower boundary.
Also, as per EW guidelines, Wave c must unfold in 5 waves — which will be the next key structure to monitor.
Where Are We Now?
As long as Wave b is progressing toward 90% retracement , the near-term bias remains bullish.
But once Wave b completes, the market may enter Wave c, which could result in a deeper correction — either towards the lower end of the channel or even below, depending on which flat structure plays out.
What Next?
This unfolding Wave c will likely complete Wave IV within the Grand Supercycle, setting the stage for the final upward move — Wave V of both the internal 5-wave structure and the Grand Supercycle itself.
Disclaimer: This is not a buy or sell recommendation. The analysis shared is purely my personal view for educational purposes only.