Longsetup
Zydus Lifesciences (NSE:ZYDUSLIFE)Overview: Zydus Lifesciences is currently at an interesting juncture, with signs of a potential reversal from recent lows. The price action suggests a possible recovery towards higher resistance levels, supported by technical indicators and market sentiment. Nomura's revised price target of ₹1,030, while maintaining a Neutral rating, aligns with this view.
Key Levels to Watch:
Current Price: ₹966.65
Immediate Support (SL): ₹902.55
Key Resistance Zones: ₹1,008.35, ₹1,041.45, and ₹1,102.15
Technical Analysis:
Volume Profile: The visible range volume profile shows significant accumulation near ₹1,000, which could act as a strong magnet for the price.
Moving Averages: The stock has started reclaiming its short-term moving averages. A breakout above the 200-day MA would confirm bullish momentum.
RSI (Relative Strength Index): The RSI is trending upwards, indicating improving bullish momentum. Divergence suggests a potential reversal.
Price Action: The formation of higher lows near ₹949 reinforces the possibility of a short-term recovery.
Trading Strategy:
Entry Zone: Between ₹950 and ₹970, as the stock shows stability near support levels.
Stop-Loss: Strict stop-loss at ₹902.55 to limit downside risk.
Targets:
Target 1: ₹1,008.35
Target 2: ₹1,041.45
Extended Target: ₹1,102.15
Risk Management:
Position size will depend on risk tolerance, ensuring a Risk-Reward ratio of at least 1:2.
Avoid chasing the price above ₹970 if momentum wanes.
Final Thoughts: Zydus Lifesciences presents a favorable risk-reward scenario with clear technical signals for a rebound. However, macroeconomic factors and sector performance will play a critical role in sustaining the move. Traders should monitor price action near the resistance zones closely for signs of continuation or rejection.
Gold--> Trade inside from channel boundaryOANDA:XAUUSD A slight increase from $2,650 after the breakout, this is generally due to political news, but the overall fundamental backdrop remains challenging. Today, liquidity is low due to the Thanksgiving holiday in the United States.
Metal prices are affected by geopolitical risks, which remain high due to the Russia-Ukraine conflict. Additionally, the commitment of U.S. President-elect Donald Trump to impose tariffs on Canada and Mexico is also having an impact. "This has raised a bit more concern about the possible consequences from these two countries. So, that remains an important supporting factor for gold."
In theory, any effort to push gold prices higher may be limited because Trump’s tax plan is also considered a potential driver of inflation, which could lead the U.S. Federal Reserve (Fed) to slow the process of cutting interest rates.
Technically, gold is moving sideways, so we consider trading from the range boundaries. We focus on the local channel from H1 2660 - 2618 and the global channel from D1 at 2690 (2710) - 2605.
Accordingly, at this time, gold is heading toward liquidity above. A false breakout of the main resistance zone and price consolidation in the selling area could lead to a price drop to the lower boundary of the sideways range.
IOTAUSDT Long Setup Setting / Am I going to let you lose?BINANCE:IOTAUSDT
CRYPTO:IOTAUSD
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status)
👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.
➡️Entry Area:
Yellow zone
⚡️TP:
0.2189 (Close it if you don't want to lose any)
0.2282
🔴SL:
0.2030
🧐The Alternate scenario:
If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.
Injective INJ/USDT: Long, 200D SMA Bull regime & Golden CrossThis indicator helps traders identify market regimes using the powerful combination of 50 and 200 SMAs. It provides clear visual signals and detailed metrics for trend-following strategies.
We've just had our bull regime print and are trading just 21 days of bull regime duration.
Golden cross is HERE: 200D x 50D SMA crossover
Key Features:
- Dual SMA System (50/200) for regime identification
- Colour-coded candles for easy trend visualisation
- Metrics dashboard
Core Signals:
- Bullish Regime: Price < 200 SMA
- Bearish Regime: Price > 200 SMA
- Additional confirmation: 50 SMA Cross-over or Cross-under (golden cross or death cross)
Fetch.ai $FET/USDT - 200D SMA Bull Regime Detection
This indicator helps traders identify market regimes using the powerful combination of 50 and 200 SMAs. It provides clear visual signals and detailed metrics for trend-following strategies.
We've just had our bull regime print and are trading just 2 days of bull regime duration.
Golden cross incoming: 200D x 50D SMA crossover
Key Features:
- Dual SMA System (50/200) for regime identification
- Colour-coded candles for easy trend visualisation
- Metrics dashboard
Core Signals:
- Bullish Regime: Price < 200 SMA
- Bearish Regime: Price > 200 SMA
- Additional confirmation: 50 SMA Cross-over or Cross-under (golden cross or death cross)
FET/USDT Long: Did you take it? See linked chartsIf you like these posts please remember to give me a boost and a FOLLOW! Any questions please ask away.
FET/USDT Long signal. Did you take it? Bullish order flow was there. We have our targets, and stops are at entry.
FET has been lagging compared to the rest of the market, especially in AI. Recent developments in their EARN & BURN mechanism look to be bringing excitement back and I believe there's plenty of catching up to do!
Bullish Orderflow:
EWT analysis & macro forecasting:
BANKNIFTYHi guys,
In this chart i Found a Demand Zone in BANKNIFTY CHART for Positional entry,
Observed these Levels based on price action and Demand & Supply.
*Don't Take any trades based on this Picture.
... because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank you
#ZIL Gears Up for a Bullish Breakout: Key Levels to Watch!The digital currency ZIL is poised to initiate an upward trend soon. Based on the weekly chart, the price is expected to first reach the range of $0.035 to $0.044 and test its long-term descending trendline. Typically, I do not anticipate a breakout of the trendline on the first attempt; therefore, after ascending to the aforementioned levels, a price correction toward the $0.025 area is likely. Following the necessary consolidation period, sharp bullish movements can be anticipated.
This is merely a personal perspective and should not be construed as a recommendation for trading positions.
Please remember to show your support.
I will respond to comments.
Break - signal BUY SACLPING XAU SCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
The US Bureau of Economic Analysis (BEA) reported on Wednesday that the Personal Consumption Expenditures (PCE) Price Index increased to 2.3% year-over-year in October, up from 2.1% in September.
The core PCE Price Index, which excludes food and energy costs, rose 0.3% month-over-month and climbed to 2.8% annually from 2.7% the previous month.
Meanwhile, data from the US Commerce Department showed the economy grew at a robust annual rate of 2.8% in the third quarter, driven by strong consumer spending, which increased by 3.5%.
⭐️Personal comments NOVA:
M30 witnessed gold price BREAK trend increasing, waiting for a reasonable BUY scalping signal
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2642 - $2640 SL $2637 scalping
TP1: $2646
TP2: $2650
TP3: $2657
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
EURGBP BUY SETUPKey Observations:
Liquidity Zone (Confirmation): The highlighted liquidity area represents a critical zone for confirmation. I need the market to grab this liquidity before validating my long entry setup.
Demand Zone: The area around 0.83172 acts as a significant demand zone. This is where buyers have previously stepped in, and I anticipate bullish momentum to emerge again.
Key Level at 0.83350: This is an important reaction zone, which could act as the first target for the trade or a consolidation point.
Imbalance Fill: The market is currently filling an imbalance (highlighted zone). I’ll monitor for bullish price action once this imbalance is mitigated.
Fibonacci Confluence (Premium Zone): My demand zone aligns with a Fibonacci retracement level in my premium area, adding confluence to the long trade setup.
Demand in Volume Profile: This demand zone also aligns with a high-volume area in the volume profile, suggesting strong interest from buyers, making this an ideal entry point.
Trade Idea:
Bullish Bias:
Entry Area: Around 0.83172 (demand zone).
Target Levels:
TP1: 0.83350 (key level).
TP2: 0.83650 (higher liquidity zone).
Stop Loss: Below 0.83050, to protect against demand zone failure.
Risk Management:
Maintain a risk-to-reward ratio of at least 1:2. Wait for the liquidity grab and signs of bullish momentum (e.g., bullish engulfing candle or strong rejection wick) at the demand zone before entering.
Volume, liquidity grabs, and Fibonacci align perfectly in my EUR/GBP long setup. Do you see the same bullish potential, or do you expect a bearish breakdown? Let’s discuss below!👇
BTCUSDT Technical Analysis OverviewHi guys,
Ascending Channel and Breakout:
The chart shows a long-term ascending channel that guided price action for several months. Recently, Bitcoin broke out of this channel, signaling a strong shift in bullish momentum. The breakout was accompanied by significant volume, confirming the strength of the move.
Fibonacci Levels and Pullback Zone:
After the breakout, the price retraced slightly and is now hovering around the 0.618 Fibonacci retracement level ($87,208) and the 0.5 level ($83,322). This area is critical, as it coincides with a Fair Value Gap (FVG)—a liquidity zone where buyers are likely to step in.
EMA 34 and EMA 89 Support:
Both EMA 34 and EMA 89 are acting as dynamic support levels, and their upward slope reinforces the bullish structure. This alignment confirms that the current pullback is part of a healthy correction in a broader uptrend.
Liquidity Grab Potential:
The highlighted liquidity zone suggests that price may temporarily dip to attract more buyers. A test of this zone could serve as a springboard for the next upward leg.
Upside Targets:
Using Fibonacci extensions, my first target aligns with the 1.0 level ($99,787), followed by 1.272 ($108,744) and 1.618 ($120,138). These levels represent logical points where profit-taking could occur in the next bullish wave.
Price Action Scenario:
Based on the chart, I anticipate a potential bounce from the liquidity zone and FVG, leading to a continuation of the bullish trend. However, a failure to hold the $83,322 level could invalidate this setup and shift focus back to lower support zones.
Conclusion:
The technicals suggest that Bitcoin remains bullish as long as the key support at $83,322 holds. I'm closely watching price action in the FVG zone for signs of buying pressure before targeting higher levels at $99,787 and beyond. Patience is key, as the market digests the breakout and prepares for its next major move.
GOLD → Controversial fundamental background. What's next?OANDA:XAUUSD capitalizing on the weakening of the US dollar and heading towards the areas of interest and liquidity at 2635 - 2639. But! There are signs that a flag pattern is forming. Theoretically, any attempt for gold prices to rise could be limited. PCE, GDP, and the resistance ahead...
Meanwhile, sellers pause slightly amid concerns about trade wars, geopolitical risks, expectations that the Fed will cut rates by another 25 basis points in December, recently declining US bond yields, and the USD falling overnight to a two-week low. However, ahead of the upcoming macroeconomic news from the US, namely PCE and GDP, after a relatively quiet news week, volatility is likely to be unpredictable. The question now is whether the downward momentum will continue as the price reacts to a critical support zone.
Technically, gold remains range-bound and is heading towards areas of interest from which a retracement could form. But this reaction also partly depends on the news....
The focus is on the imbalance zone, fibo 0.618 and fibo 0.5. Due to the controversial technical and fundamental background, the gold price may close inside a wide channel, which allows us to use its boundaries for trading. We are watching the resistance with a sell target for further downside
DXY: High-Probability Retracement SetupThe DXY has been forming higher highs, signaling bullish momentum. Currently, the market appears to be making a short-term retracement into a daily bullish order block (OB) at 105.174, which aligns with a high-probability setup, further supported by a fair value gap (FVG) just above it.
Confirmation of this retracement transitioning into expansion will occur if a daily candle taps into the OB and closes above the PD array. If this scenario unfolds, the next target is the buy-side liquidity (BSL) at 108.060, marking a significant level for potential upside momentum.
Keep an eye on the daily closures for validation, and always align entries with confluences for optimal risk management.
Technical analysis of XAUUSD chartDear friends, it's Ben here!
Flag Pattern: The chart showcases a well-formed flag pattern, a classic bearish continuation signal.
Target Projection: Using the height of the previous wave 3 of the flagpole, the pattern's target is forecasted to be around $2,553.
Fibonacci Levels: The price is at a level corresponding to the 0.618 Fibonacci retracement at $2,637, a strong bearish signal, with the next resistance near $2,647 (0.5 Fibonacci retracement).
Breakout Confirmation: A breakout from the flag will confirm the bearish momentum.
Trend Outlook: A macro bearish trend is indicated, supported by resistance rooted in fundamental factors...
Consider, share your opinions and questions, discuss what is happening with OANDA:XAUUSD
EURUSD: Corrects After False Breakout Before Continuing DownwardFX:EURUSD rising higher based on the correlated reaction with the dollar. The currency pair is likely to test the local highs. But! Since there is scheduled news today, you must be extremely cautious...
The fundamental background remains overall very negative since Trump’s victory.
Additionally, the local downtrend is not yet over, thus providing us with the main trend to follow in our trading decisions.
From a technical perspective, as a false support breakout is forming on the chart, we should wait for a retest of the resistance areas to consider further selling attempts aimed at pushing the price lower.
Short-term levels to watch:
Resistance levels: 1.051, 1.065, 1.076
Support levels: 1.051, 1.044, 1.033
If the bears behave aggressively on the back of the news, the price will likely continue to decline from these areas.
Is SPX500 Poised for an Upward Movement?OANDA:SPX500USD
Daily Chart
Current Price: 5,812.8
Analysis: Falling Broadening Wedge:
Upon analysing the daily chart, the price is forming a Falling Broadening Wedge pattern, which typically indicates a continuation of the prevailing trend. This pattern often suggests increasing volatility, leading to a potential bullish breakout if the price breaches resistance levels.
Support Levels:
• 5,703.1
• 5,625.0
Resistance Levels:
• 5,937.5
• 6,015.6
• 6,097.0
Happy Trading!
Stay tuned for further updates and insights.
SNEK: Adapted tools for Regime filtering & SystematisationYou should never rely solely on one tool when trading, think of trading as putting together a jigsaw.
You are looking to form a picture.
The more tools at your disposal allow you to form this jigsaw and make better, more informed decisions.
Understand these concepts:
- Orderflow
- Momentum
- Trend-following
- Volatility
- Time
- Price
Here's the #SNEK SNEK/USDT chart leveraging a few of my tools:
- Momentum (Adapted RSI w/ Multi-Crypto Regime Detection)
- Trend-following (SMA RF)
- Volatility, Time, Momentum, & Trend are packaged in a third strategy with the long/short signals...
Systematising our trading.
Believe in something.