Supply and demand zones marked on yesterday's chart hold good for tomorrow as well. Black Line zones - Resistances R1 - 19617-19639 R2 - 19723-19795 R3 - 19805-19822 R4 - 19842-19876 Green line zones - Demand S1 - 19593-19574 S2 - 19555-19510 S3 - 19595-19462 S4 - 19350-19295 Analysis:- Same as yesterday, Nifty has not moved majorly from yesterday’s OHLC....
The stock is reversing from demand zone after 4 days of consolidation in the same zone, also there is a double top breakdown in Daily time frame, and the stock is poised for a retest of the Double Top neckline area. 75 minutes shows Double bottom very evident with RSI divergence and RSI moving into 70+ strength zone, an up move of odd 7200-7400 levels is...
GBP/USD: • If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart because we will have had a completed three touch structure. • If price pushes up impulsively to and ideally just above either...
Do you think is it worth day trading symmetrical triangles ?
- Bullish channel - Bounce of support at 1532 area - Resistance of mini channel broken (1540) - MACD ad Oscillator showing bullish potential - In agreement with moving average bullishness
Just an opinion of what I think about BTC's current movement on a chart. This is NOT financial advice. Do your own research. Let me know what you think, if you agree or not
You can see multilevel support around the current price levels. Probably the price drop will be held at the level 2.36 - 2.51 USD. You could consider a speculative long entry, but this is only speculative. We don't know if the multilevel support holds or not. It depends probably mainly upon Bitcoin - if BTC makes dead cat bounce DFI will raise as well.
Identifiable BULLISH INTERVERTED HEADED & SHOULDER CHART PATTERN !!!!! AUDUSD is on its final leg needed to complete a very common chart pattern ...The BULLISH INTERVERTED HEAD & SHOULDER. I will be looking for BUY opportunities on the lower time frame with expected first take profit at .756000
The bottom side of this triangle was confirmed multiple times now. Waiting for a test of the upper side and/or just a breakout. The next target zone will be around 250-255 USX.
TSLA retesting resistance at 942 level. If 942 level is rejected the bear trend started in January will continue downwards for possible targets @847.94 and @780.21 Also tesla can reclaim the level above 942 aiming for resistance from bear channel started on November and have 986.20 level as a target.
Hello guys! Holo confirmed a breakout from the wedge pattern on a daily chart. Targets would be key support and resistance levels.
Market progressing just as expected. Rejection of the Key support level confirms wave b of the correction. Now let's see how the market plays out through this progression. We still have to keep in mind the Daily outlook for Gold could go either way based on the interesting development of the Triangle pattern. You can find the link below this post. Let me know...
Hi guys! 👋🏻 🔔 I believe the impulse is very high and the Australian Dollar will continue upwards. The track for the #DXY will be set by important economic data today and tomorrow, especially the #NFP - non-farm payrolls. 🔔 Russian Ministry of Finance this week declared the start of Gold purchases starting February 7, might effect the Gold price. The current...
Haven't seen a cleaner Diamond breakout in quite some time. Although diamond top upward breakouts have poor performance statistics, the Cleanness of this pattern + Above average Volumes on breakout + MACD bullish crossover is persuading me to take action. Target 3130 Keep SL according to your risk...
Intraday rally for Gold and market seems to be correcting last week's sell off. Let's see how things play out based on the wave analysis.
NSE:GUFICBIO Broke out of rectangle consolidation pattern and now price gave retest + confirmation. Bullish signs- Big volumes on breakout and on the buy side. Price entered virgin territory with this consolidation and breakout. Recent support from 30 week MA. Low volume red candles. Pattern is of a bullish flag type. Stock has already delivered multibagger...
Traders, As you know, when you are bullish, you go long. And when you’re bearish, you short. Many of you have noticed that my bullish sentiment has quieted down a bit. It may even appear that I have become bearish in the crypto space. Short-term, maybe a bit bearish. Longer-term? Not yet. So, why have I not taken any short trades during this drawback? Well,...
NSE:AFFLE broke out of a cup and handle pattern and gave a retest. Price made a green candle and is back to breakout levels. Bullish signs: Strong uptrend before this consolidation. Recent support from 30 week EMA Heavy volumes on buy side. Red candles are of low volumes. Hit all time high on breakout. One can enter entire position at break of yesterday's high....