The Elephant Jungle 5/1/26 Page 3
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The Elephant Jungle 5/1/26 Page 3

With three taps at the high, it looks like the Bears caught a Wyckoff Model 1 distribution and dumped the market.But before the Bears could reach their full target, the Bulls stepped in and said not so fast.Now it looks like the Bulls are off to a solid start today. The first challenge is clear,…

EUR/USD May 1: Holding Above 1.1722, Bullish Continues
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EUR/USD May 1: Holding Above 1.1722, Bullish Continues

šŸ”¶ EUR/USD UPDATE šŸ‘‰ EUR/USD remains supported and edges higher toward the 1.1750 level after posting strong gains on Thursday.šŸ‘‰ The European Central Bank (ECB) kept its policy settings unchanged, though policymakers are reportedly considering a rate hike in June if oil prices remain elevated amid the continued closure of the Strait of Hormuz. šŸ‘‰…

EURUSD: Triangle Structure Signals Possible Downside To 1.1680
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EURUSD: Triangle Structure Signals Possible Downside To 1.1680

Hello everyone, here is my breakdown of the current EURUSD setup. Market Analysis EURUSD previously traded within a range, showing consolidation before a breakout to the upside, confirming bullish momentum. After the impulsive move, price entered a correction phase and started forming a triangle structure. Currently, price is trading below the 1.1750 resistance zone while…

Bitcoin Eyes K as Equities Rally, Ethereum Signals Caution
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Bitcoin Eyes $80K as Equities Rally, Ethereum Signals Caution

Market Overview The crypto market capitalisation rose by 1.29% over the past 24 hours to $2.57 trillion, supported by the and indices hitting impressive new all-time highs. Furthermore, the strengthening of the caused the to fall, lowering the benchmark. The top performers were Zcash (+5%), (+4.8%) and (+3.4%). The underperformers among the top coins were…

Bitcoin Price Struggles: Resistance Near K Could Trigger Bearish Shift
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Bitcoin Price Struggles: Resistance Near $77K Could Trigger Bearish Shift

Not every setup makes it into the free section, but when the market does something interesting enough…it’s worth bringing it out here too. Two days ago, we broke down Bitcoin right as the price was pushing into a key resistance zone, and the first signs of weakness started to show up.  Today, we’re coming back…

Bitcoin Holds Near K After Hawkish Fed and Rising Oil Prices
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Bitcoin Holds Near $76K After Hawkish Fed and Rising Oil Prices

BTC steadies at 76k, a weekly low Washington considers further military action against Iran, lifting oil prices Rising inflation worries support the Fed’s hawkish hold Big tech earnings offer some support to BTC US GDP and Core PCE data are in focus BTC technical analysis trades around $76k on Wednesday as escalating tensions between the…

BankNfity levels – May 04, 2026
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BankNfity levels – May 04, 2026

Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart…

XAUUSD: Relief Bounce Into Trap? Smart Money Preparing Next Drop
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XAUUSD: Relief Bounce Into Trap? Smart Money Preparing Next Drop

XAUUSD (Gold) is currently in a post-liquidity reaction phase after a strong bearish expansion that pushed price into the 4500 demand zone. Following this move, price is forming a relief bounce, which is a typical behavior after liquidity is taken. At the moment, price is approaching a key liquidity rebalance / sell zone between 4620…

Nifty levels – May 04, 2026
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Nifty levels – May 04, 2026

Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in…

CHF JPY short at bearish order block — SMC [Quantum Algo]
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CHF JPY short at bearish order block — SMC [Quantum Algo]

Using Smart Money Concepts (SMC) methodology: identifying a bearish order block at the 203.000–203.707 supply zone on the 2H chart, with a clear rejection wick and bearish displacement candle confirming the short bias. Multi-timeframe context: 2H structure shifted bearish after the failure to break above 204.000 and the formation of a lower high at 203.707,…

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