RAJESH MEHTA
The Harsh Truth: Why Normal People Don’t Make Money in Trading The biggest reason most people lose money in trading—whether it’s in option selling, stock indices, forex, or crypto—is not a lack of strategy. It’s poor trading psychology and failure to manage losses. You can have the best technical system in the world, but without … Read more
Ethereum (ETHUSD) is showing strong bullish momentum across the higher timeframes. The monthly candle suggests continuation to the upside, while intraday charts reveal a bullish flag pattern ready for breakout. Let’s dive into the full Ethereum price analysis and trading plan for today and the upcoming week. Monthly Candle: Strong Bullish Setup The monthly chart … Read more
Bitcoin (BTCUSD) is on the verge of a breakout, and traders should stay sharp. This week’s price action will be critical as BTC pushes against key resistance levels with bullish momentum across the monthly, weekly, and daily charts. Here’s what to expect for today and the upcoming week in BTCUSD. Today’s BTCUSD Forecast (May 21, … Read more
Gold (XAUUSD) forecast for May and June 2025 suggests a bearish turn, with analysts closely watching a spinning top candle forming on the monthly chart. With just 10 days left before May’s monthly candle closes, market indecision is clear—and the next big move may be to the downside. In this article, we’ll break down the … Read more
Bitcoin (BTCUSD) continues to show strength on higher timeframes, and traders should stay focused as technical levels are tightening. Here’s a detailed look at Bitcoin’s chart from a multi-timeframe perspective, with a clear intraday trade setup for May 20, 2025. Monthly Chart: Bullish Momentum Holds Strong The monthly candle remains bullish. The lower wick is … Read more
A chart pattern is a specific price movement formation that appears repeatedly on trading charts. The concept behind analyzing trading patterns or candlestick chart patterns is simple: if a pattern led to a certain outcome in the past, there’s a reasonable chance it might do the same in the future. However, remember that historical performance … Read more
BTCUSD Technical Analysis – May 19, 2025 The monthly candle for BTCUSD is strongly bullish, and the lower wick is minimal, signaling sustained buying pressure and upward momentum. This structure often leads to continuation patterns, especially when confirmed on multiple timeframes. Over the past six weeks, the weekly candles have all closed bullish. And this … Read more
Market Outlook: The monthly candle for Bank Nifty is forming a neutral or indecisive pattern, reflecting a period of consolidation. Price is comfortably holding within the major range of 54,558 to 56,221, indicating that the market is building strength for a potential breakout. On the weekly chart, we’ve seen four consecutive candles staying inside this … Read more
As we approach the new trading week, the monthly candle of Nifty shows a bullish sentiment—though not aggressively bullish, it reflects market confidence. However, what’s more important is the weekly candle, which has closed strong bullish, indicating buying strength in the short term. Key Resistance Zone – 25,789 The major resistance area to watch is … Read more
Monthly Chart Review – DJX Holding Strong Bullish Momentum In this DJX Trade Analysis – 19 May 2025, we begin with the monthly chart, which shows a clear bullish structure: This candle pattern confirms that bulls are in charge and likely to stay in control for the remainder of the month. Weekly Chart – Strong … Read more