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Candlestick Analysis

PHAR could market maker liquidity tests confirm thin supply?On the longer term chart, what was once a resistance could now be forming as a support level of buyers. Logic that I am apply here is that the relationship between the size of the price action and the amount of volume transacted here over the past couple of days last week. Essentially we have a really tight price range and extremely high volume. 4.7 x the average or £845k of stock. As of this morning the price has poked its head above the parapit, only to reverse again on light volume. This could be the market makers testing the supply? To me, the supply looks thin here. Price target: 30p Potential reward: 21%
LSE:PHARLong
by Stockso_Simple
GBPUSD with Engulfing by INTELA strategyEngulfing Pro by INTELA + RVOL Context Overview Engulfing Pro by INTELA is a price action strategy designed to identify high-probability Engulfing patterns and filter them using Relative Volume (RVOL) analysis. The goal is not simply to trade every engulfing candle, but to distinguish between low-quality signals and those backed by meaningful market participation. The strategy combines three key concepts: Engulfing Price Action Market Structure & Location Relative Volume Confirmation (RVOL) By incorporating volume context, traders can avoid many of the false signals commonly associated with traditional engulfing setups. Core Idea Not all engulfing candles are created equal. An engulfing pattern occurring in the middle of a range, with average or declining volume, often lacks conviction and tends to produce inconsistent results. Conversely, when an engulfing candle appears: ✅ At a significant swing point ✅ Near a support or resistance zone ✅ After a pullback or retest ✅ Accompanied by above-average relative volume the probability of a meaningful move increases significantly. The strategy seeks to identify these high-quality situations. Relative Volume (RVOL) Filter One of the most important components is the RVOL analysis. Instead of comparing current volume against a simple moving average of recent candles, the indicator compares volume against the average volume of the same time period from previous trading sessions. This provides a more realistic assessment of market participation by accounting for intraday volume cycles. Example A volume spike occurring at 09:00 should not be compared to volume recorded during a low-liquidity period such as lunchtime. Instead, it is compared to the historical average volume of previous 09:00 candles. This creates a more accurate measure of whether institutional or large-player activity is entering the market. Signal Classification ✅ High-Quality Signals Characteristics: Strong engulfing candle Occurs at market extremes, swing highs or swing lows Supports the prevailing market narrative RVOL above normal levels Clear profit objective nearby Examples: Reversal after a liquidity sweep. Pullback continuation during a strong trend. Retest of a breakout level. ❌ Low-Quality Signals Characteristics: Engulfing pattern inside consolidation. Signal appears directly into resistance or support. Low or average RVOL. Poor risk-to-reward profile. Appears after an extended move without structure. These setups are often ignored, even when the engulfing pattern itself is technically valid. Entry Logic The strategy is designed around limit-order execution rather than chasing momentum. Bullish Setup Bullish engulfing candle forms. RVOL confirms participation. Buy limit order placed at 80% retracement of the engulfing candle. Stop-loss placed at the opening price of the engulfing candle. Pending order expires after a predefined number of candles if not triggered. Bearish Setup Bearish engulfing candle forms. RVOL confirms participation. Sell limit order placed at 80% retracement of the engulfing candle. Stop-loss placed at the opening price of the engulfing candle. Pending order expires if price fails to retrace within the allowed time window. What This Strategy Tries to Achieve The objective is not to generate a large number of trades, but to focus on quality opportunities where: Price action shows intent. Volume confirms participation. Market structure provides context. Risk remains clearly defined. This creates a more selective trading approach that prioritizes location and conviction over signal frequency. Disclaimer This tool is intended for educational and analytical purposes only. No indicator or strategy can predict market movements with certainty. Always perform your own analysis and apply proper risk management before trading live capital. "The engulfing pattern provides the signal. RVOL provides the conviction. Market structure provides the context." – INTELA
Long
by INTELA
Short trade 📘 Trade Details — XAUUSD Pair: XAUUSD Direction: 🔴 Sell-side Trade Idea Date: Wed 1st July 2026 Session: NY Session AM Entry Time: 11:00 AM Execution Timeframe: 1-Hour 📊 Trade Parameters Entry: 4088.64 Profit Level: 4022.00 Target Gain: +1.63% Stop Level: 4096.28 Risk: -0.18% Risk-to-Reward Ratio: 8.72 Setup: New York Session premium rejection following a London buy-side liquidity sweep. Price rejected the Previous Day High/ADR premium zone, produced a bearish market structure shift, and offered a high-probability sell entry targeting discount liquidity around 4022.00 with tightly defined institutional risk. Primary Target: 4022.00 Liquidity Draw: • Daily Open • 50 EMA Cloud • Intraday Sell-side Liquidity • Previous Intraday Demand Zone
PEPPERSTONE:XAUUSDShort
by davidjulien369
BTC/USD | Bitcoin Still Fighting Around $60K! (READ THE CAPTION)By analyzing the #Bitcoin chart on the weekly timeframe, we can see that all assumptions from the previous analysis remain valid. BTC is once again trading around the key $60,000 region, and the market is still trying to decide whether buyers can reclaim this psychological level or not. Right now, the $58,000 – $60,000 area remains one of the most important demand zones on the chart. If Bitcoin manages to stabilize above $60K, we could see a short-term recovery toward $63,000, followed by $66,000, and potentially $70,000 if momentum improves. On the downside, if buyers fail to defend this region, the next important demand zone remains between $52,500 – $56,000. The market has not received many positive catalysts recently, and that can increase fear among traders. However, for long-term investors, these types of demand zones can still be attractive accumulation areas if they manage risk properly and avoid emotional entries. For now, patience is key. Bitcoin is sitting at a major decision zone, and the reaction around $60K will likely shape the next major move. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
COINBASE:BTCUSDLong
by ArmanShabanTrading
11
Nifty Analysis EOD – July 1, 2026 – Wednesday🟢 Nifty Analysis EOD – July 1, 2026 – Wednesday 🔴 Inside Bar Standoff: Nifty Holds Above 24,000 🗞 Nifty Summary Nifty opened flat to positive and found a base around 23,895, then climbed steadily and gradually up to test 24,020. At this point it faced rejection and slipped sharply by 73 points, but VWAP came to the rescue. Another push higher led to a breach of PDH, though the index couldn’t sustain above it — IBH and R1 on the downside acted as support, and price formed an MC around the mid-session mark. The rest of the session was spent between 24,000 ~ 24,050, and the day closed at 23,988.10, with an adjusted close of 24,005.85, holding above the 24K mark. Overall, as expected, today looked like a consolidation day — that holds up if we ignore the 15-point upper shadow above PDH, in which case the daily candle forms an inside bar pattern. This session is reminding me of the previous Wednesday’s move, the one right after the Nifty weekly expiry on 23 June. Going into the next session, bulls will have to deal with the 24,075 ~ 24,125 zone, which could turn into a real hurdle, along with an LTF trendline have to face the same area. Before any of that though, tomorrow’s opening tick matters most — if it opens inside today’s range, the breakout plan is clearer, but a gap up or down either side means waiting for IB to guide things. The daily candle forming an inside bar suggests the market might still be deciding its next direction. 🛡 5 Min Intraday Chart with Levels 📉 Daily Time Frame Chart with Intraday Levels 🕯 Daily Candle Breakdown Open: 23,897.65 High: 24,049.90 Low: 23,895.10 Close: 24,005.85 Change: +140.10 (+0.59%) 🏗️ Structure Breakdown Type: Strong Bullish — buyers stayed in control through most of the session Range: ≈154.80 points — moderate volatility Body: ≈108.20 points — reflects fairly firm buying pressure through the day Upper Wick: ≈44.05 points — a bit of rejection near the highs Lower Wick: ≈2.55 points — barely any selling pressure, lows were defended easily 🛡 5 Min Intraday Chart ⚔️ Gladiator Strategy Update ATR: 244.88 IB Range: 101.30 → Medium Market Structure: Balanced Trade Highlights: 09:29 Long Trade: Target Hit (R:R 1:3.62) 11:33 Short Trade: SL Hit 14:34 Short Trade: Trailing SL Hit Trade Summary: The morning long trade worked out well, hitting target with a solid R:R of 3.62 — the system did its job there. The 11:33 short didn’t work and stopped out, and the 14:34 short also got stopped, though trailing at least protected part of that move. Two out of three not landing is a reminder that not every setup plays out, even when the logic looks fine going in. Still sticking with the process and taking whatever the day gives. 🧱 Support & Resistance Levels Resistance Zones: 24040 | 24075 ~ 24125 | 24190 | 24235 ~ 24285 Support Zones: 23970 | 23900 | 23855 | 23790 | 23650 ~ 23620 🧠 Final Thoughts “Some days the market just wants to breathe — today felt like one of those pauses.” Today felt like a pause after the recent run — price pushed toward 24,020, got rejected, but never really broke down before buyers stepped back in near VWAP. The 24,075 ~ 24,125 zone looks like the next real test, and the LTF trendline sits right around there too. If tomorrow opens inside today’s range, the plan is clearer; a gap either side and it’s probably better to just wait for IB to settle first. Nothing to force here — just watching how price reacts at that zone before deciding anything. ✏️ Disclaimer This is my personal digital diary and represents my own analysis and point of view. It is not financial advice; please consult a professional advisor before making any trading decisions.
NSE:NIFTY
by kzatakia
XAU/USD | Gold Holding Key Demand Zone, Recovery Ahead?By analyzing the #Gold chart on the 2H timeframe, we can see that after the recent volatility, the initial bearish move played out as expected, although price dropped slightly deeper than anticipated. Currently, Gold is trading around the $4025 region. In my view, we may first see a short-term pullback before the next bullish attempt begins. The most important area to watch is the $3990 – $3997 demand zone. As long as price holds above this region, the short-term recovery scenario remains valid. The nearest demand zones are located around $3990 – $3997, followed by deeper support around $3958 – $3970. On the upside, the closest supply zones are around $4045 – $4060, followed by the stronger resistance area between $4092 – $4125. If buyers defend the current demand zone, the next short-term upside targets to monitor are $4045, followed by $4060, then $4092, $4100, and potentially $4125 if bullish momentum continues to build. For now, I expect a minor correction first, then another bullish attempt as long as Gold continues to hold above the key $3990 – $3997 zone. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
OANDA:XAUUSDLong
by ArmanShabanTrading
41
Long trade 📘 Trade Details — MGC1! (Micro Gold Futures) Pair: MGC1! (Micro Gold Futures) Direction: 🟢 Buyside Trade Idea Date: Wed 1st July 2026 Session: London Session AM Entry Time: 5:00 AM Execution Timeframe: 1-Hour Entry: 3988.2 Profit Level: 4017.4 Target Gain: +0.73% Stop Level: 3985.6 Risk: -0.065% Risk-to-Reward Ratio: 11.23 🎯 Trade Objective Primary Target: 4017.4 Liquidity Draw: • Daily Open • 50 EMA Cloud • Intraday Buy-side Liquidity • London Session Expansion 🛡️ Trade Management Entry Model: Buy the retracement after the London Session bullish displacement. Invalidation: A sustained move below 3985.6 invalidates the bullish structure and indicates the weekly support has failed. Confirmation: • Sell-side liquidity sweep completed • Bullish Change of Character (CHOCH) • Bullish Break of Structure (BOS) • Higher low established • Price holding above the London session low 📈 Expected Market Path Weekly Low defended → London accumulation → Bullish displacement → Reclaim of short-term structure → Rotation toward the Daily Open → Target 4017.4
COMEX_MINI:MGC1!Long
by davidjulien369
XAUUSD bullish reversal Looks like we're having a bullish reversal as price action became slower around 4000$ after that strong bearish pressure and created an equal low. I'm in this trade since yesterday already (which was quite risky because it's a counter trend trade). I was in deep drawdown as you can see, but now we're back above the entry. If the next H1 candle closes above my entry, you could enter at the same price if it gets retested. I think we could even go up to 4150 as we have a fair value gap there.
FOREXCOM:XAUUSDLong
by xauguy
3
How to Trade Price Action With Top-Down Analysis in Forex I will show you a simple way to trade price action using Top-Down Analysis. I will explain how to use a combination of 2 time frames to find profitable setups on Forex. Best Time Frames to Use We will use daily and 4H time frames for trading this strategy. Remember that you should strictly start the analysis from a higher time frame. It means you always start with a daily time frame, and you analyse a 4H time frame when you complete daily time frame analysis. Daily Time Frame Analysis A daily time frame analysis is the core of this strategy. It is used for tracking reversals and shifts in the market sentiment. Above is the current price action on EURJPY on a daily time frame. The first thing that we will start our analysis with is a basic structure mapping. We simply map significant highs and lows. After that, we will execute market structure analysis, using a structure mapping We can see that after the last strong bearish wave, EURJPY pair started to consolidate. After the completion of the consolidation, the market established an uptrend with a confirmed bullish reversal. After the price set the last higher high in the current bullish trend, a minor bearish movement started. Based on this structure analysis, we can make a prediction that the price will continue growing soon. The next bullish wave will initiate after the market completes the current pullback. To accurately predict its completion we will use 4H time frame analysis. 4 Hour Time Frame Analysis 4 hour time frame analysis will be used for confirmations and entries. After we complete market structure analysis on a daily, we can start analysing a 4H time frame. Opening a 4H time frame, we should do structure mapping , too. [After we complete structure mapping on a 4H time frame, we need to analyse market structure. As you can see, after forming a strong bullish wave, the market started to trade in an intraday uptrend. It was violated then, and currently, the pair is trading in an intraday downtrend. The current bearish movement that we spotted on a daily time frame represents an intraday bearish trend on a 4H. To confirm the completion of a correction on a 4H time frame, we need an intraday bearish trend to be violated. A bullish change of character and a violation of the level of the last lower high will confirm a trend violation and the start of a new intraday bullish trend. That will be a strong confirmation signal for us. After we complete the analysis of 2 time frames, we can build a trading plan. Let me show you how. After a confirmed bullish change of character on a 4H time frame, set a buy limit order on a retest of the broken level of the last lower high. Take profit is the closest strong daily structure. Stop loss is strictly below the lows on a 4H. That is going to be our complete plan to follow. Summary Top-down analysis and basic structure mapping are a powerful combination for profitable trading any Forex pair. Basic price action principles of market trend analysis can help you spot very good entries. I hope this strategy will help! ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Education
by VasilyTrader
3
Delhivery Limited – Pullback to Golden Zone, Potential UpsideStock: Delhivery Limited Timeframe: 1D CMP: ₹435 Technical Overview Delhivery recently witnessed a strong impulsive rally from the ₹374 zone to ₹459, followed by a healthy pullback into the Fibonacci retracement levels. Price corrected into the 0.5–0.618 Fibonacci zone (₹416–₹406), which is typically considered the golden demand zone. The stock has shown buying interest near this support area and bounced back toward ₹435. Key observations: ✅ Respecting the rising trendline support ✅ Holding above 0.5 Fib retracement ✅ Strong bullish volume during impulsive leg ✅ No major breakdown structure yet This suggests the correction may be a bullish continuation pullback rather than a trend reversal. 📊 Key Levels Immediate Support: ₹420–₹416 (0.5 Fib zone) Strong Support: ₹406 (0.618 Fib) Swing Support: ₹374 Immediate Resistance: ₹459 (recent high) Next Resistance Targets: ₹488 ₹511 🎯 Trade Plan (Positional Swing Setup) Strategy: Accumulation on dips Add small quantity near ₹425–₹420 Add more near ₹416–₹406 (golden zone) Targets: T1: ₹459 T2: ₹488 T3: ₹510+ Risk-reward looks favorable if price sustains above the 0.618 retracement level. 📌 Structure Bias As long as the stock holds above ₹406, the structure remains bullish with potential for higher highs. A breakout above ₹459 with volume can trigger fresh momentum toward ₹488–₹511 levels.
NSE:DELHIVERYLong
by TEDXTradesindia
VLX - could expanding volume signal hidden buyer absorptionThe price here is in the middle of what I would call a trading range. Specifically between the price of 420p - 715p. My annotation was made because of the deep wick associated with the continued rise in volume here, also after the recent results. Could this be a sign of buyers overwhelming the sell orders thrown at the market? Watching for a little more consolidation here to see a reversal and mindful that the stock is currently trending downwards.
LSE:VLXLong
by Stockso_Simple
USD/JPY(20260701)Today's AnalysisMarket News: Federal Reserve's Hamak: Inflation remains too high, and a rate hike may need to be considered; interest rate futures show the probability of a Fed rate hike in September has risen to 80%. Technical Analysis: Today's Buy/Sell Threshold: 162.35 Support and Resistance Levels: 163.16 162.86 162.66 162.03 161.83 161.53 Trading Strategy: If the price breaks above 162.66, consider buying, with a first target price of 162.86. If the price breaks below 162.35, consider selling, with a first target price of 162.03.
Short
by RuijinCat
Nifty Analysis EOD – 30 Jun 2026 – Tuesday🟢 Nifty Analysis EOD – 30 Jun 2026 – Tuesday 🔴 Expiry Drama, Full Day Fakeouts: Never Left the IB 🗞 Nifty Summary Nifty opened 54 points gap up at 24,032, but sellers stepped in from the very first tick. A sharp 180-point fall pushed the index below PDL (23,900) all the way down to 23,855, where it found support. From there, a 150-point recovery attempted to test the 24,000 zone — but PDVWAP and the Fib 0.786 zone sitting overhead pushed it back down to 23,920. What followed was a slow, grinding stretch. Nifty stayed locked in a tight 40-point band between 23,920 ~ 23,960 for nearly two and a half hours. Around 1:50 PM, it broke below the intraday bullish trendline and slipped to 23,870 — bears looked like they had it. Then a sharp, shocking 100-point upmove shoved the index back up to 23,970, wiping out all that selling in minutes. But bears weren’t done. From 23,970, they dragged Nifty 143 points lower into the 3 PM candle, marking the day low. The final hour brought an 88-point recovery, with the index closing at 23,917.75 on an intraday basis. The adjusted close settled lower at 23,865.75. Overall, the day was very active and full of drama — there was no corner left where Nifty didn’t dance. But everything happened inside the IB. This is the third consecutive session closing in red with a decreasing range; for the next session, more consolidation looks likely. 🛡 5 Min Intraday Chart with Levels 📉 Daily Time Frame Chart with Intraday Levels 🕯 Daily Candle Breakdown Open: 24,032.05 High: 24,035.55 Low: 23,829.20 Close: 23,865.75 Change: −80.50 (−0.34%) 🏗️ Structure Breakdown Type: Strong Bearish candle — opened near the high, sold off through the day, closed near the lower end Range: ≈ 206 points — moderate volatility Body: ≈ 166 points — sellers held control through most of the session Upper Wick: ≈ 4 points — almost no buying at the open; the gap up was rejected almost immediately Lower Wick: ≈ 37 points — some demand showed up near the lows, but not enough to change the day’s character 🛡 5 Min Intraday Chart ⚔️ Gladiator Strategy Update ATR: 251.62 IB Range: 183.6 → Medium Market Structure: Balanced Trade Highlights: 9:40 Long Trade: Target Hit (R:R 1:1.56) 10:50 Long Trade: Target Hit (R:R 1:2.48) 12:35 Long Trade: SL Hit 14:00 Short Trade: Trailing SL Hit 15:06 Long Trade: Herozero (R:R 1:3X) Trade Summary: The first two trades worked cleanly — both longs hit target, and the system was doing its job. The 12:35 long caught the wrong side of that mid-session chop and stopped out, which was fair given how trapped the range was. The short at 14:00 caught the move but trailed out before the full target. The last one at 15:06 was the difficult one — a 3X setup that moved, then came all the way back to zero. Five trades, some good, one frustrating — and a useful reminder that the session doesn’t always end the way the first half suggests it will. 🧱 Support & Resistance Levels Resistance Zones: 24,025 | 24,075 ~ 24,125 | 24,190 Support Zones: 23,855 | 23,790 | 23,650 ~ 23,620 🧠 Final Thoughts “A market that dances all day and lands in the same spot is still saying something — maybe it’s just not ready to move yet.” The most striking thing about today was how much the market moved without actually going anywhere. Sharp drops, sharp recoveries, whipsaws in both directions — and six hours later, the index settled just a little lower than where it opened. Everything happened, and nothing broke. For tomorrow, 23,855 is the level worth watching on the downside. If it holds, there’s a possibility Nifty tries to work back toward 24,025 ~ 24,075. If 23,855 gives way cleanly, 23,790 comes into the picture and the consolidation might get a bit messier before it resolves. Three red sessions, each with a smaller range than the last — something could be building here, but the direction isn’t clear yet. The plan for tomorrow is to let the IB form, stay patient with the early noise, and not force a trade just because the day looks quiet. ✏️ Disclaimer This is my personal digital diary and represents my own analysis and point of view. It is not financial advice; please consult a professional advisor before making any trading decisions.
NSE:NIFTY
by kzatakia
FTSE 100 winding up for a breakout?Tuesday's candle delivered a textbook tombstone doji, comprehensively rejecting the latest breakout attempt. Even so, with the price sitting within an established ascending triangle structure, it feels like our FTSE 100 contract may soon deliver a successful breakout, putting a retest of the record high at 10,938 in play. The focal point overhead is 10,589, the swing high set back in mid-May. The price briefly traded above that level overnight but failed to hold. A sustained break above 10,589, preferably followed by a successful backtest of the level, would strengthen the bullish case, allowing longs to be set with a tight stop beneath 10,589 for protection, targeting the record high. The early April swing high at 10,730 is another level of note, but it's viewed more as an interim hurdle than the primary target. The oscillators lean modestly in favour of the bulls, but not decisively so. The broader technical picture is more compelling. The price is holding above its key medium- and longer-term moving averages, having bounced from both the 50 and 100-day moving averages over the past fortnight. It feels squeezy. A break below the uptrend running from the early June lows would invalidate the bullish setup. Good luck! DS
FOREXCOM:UK100Long
by FOREX.com