Like GOLD, I think EU will break the ATL and the daily 50EMA and continue downward. I think so because of what the last few daily candles are showing and the 4H chart already shows a breakout and retest of ATL, so maybe at this point a slightly riskier short position could be made or just wait for a breakout to confirm the direction of the price for more...
Guys listen now, DXY is sitting on a veeery delicate level and any significant move will heavily determine the direction of every USD involved pair. So first let me put down the important indicators and levels: 1. On 103.800 lays Daily 50EMA right above the current price 2. On 104.100 lays Weekly 50EMA slightly above the current price -We can say that they are...
AN offers a really good long setup. The confluences are: 1.ascending channel 2.break and retest of S/R zone 3.daily AND weekly 50EMA laying on this level 4.61.8% fibs So we just need to see rejection candles at POI for entries. The only thing I don't like is the bearish momentum. The last daily candle is Marubozu candle, a very dominant candle sooo I'll be...
A very risky trade, but if I see a consolidation at this level or lot of wicks I will jump in a long position. Basically the daily 50EMA is laying exactly at this strong level of S/R so we might see a reaction from it. This setup is entirely dependent on the following 4H or daily candles.
On a daily time frame, GA has formed H&S and it's in a downtrend, so overall bearish setups are preferred. Price is now on a very good position for sells, we have: 1. Clear downtrend 2. Retesting a structure 3. 4H 50EMA 4. 50% fibs 5. Bigger pattern in play All I want so see is 30m wedge or pennant just so price can move sideways to touch the trend line, and ofc...
EA is in a descending channel and it has reached the ceiling of it, also a zone of S/R. 30m range/wedge/pennant or wicks at this level will be signal for shorts.
Hello guys, I've put ghost candles on the chart to show you what I want to see to support my Gold, EU, AU long setups. So DXY approached very crucial zone now, there is a current strong level of S/R, a 61.8% Fibonacci level and a daily 50EMA. Right now the bullish momentum is very strong, so I will wait to see if the confluences I mentioned are strong enough to...
EURCAD 2 possible scenarios in my opinion: So the price is about to reach important zone of S/R and there are 2 options: 1. If we see a reaction from this level: small range, consolidation, wicks, etc. ... I will look for longs with nice RR. 2. A strong closure under the support suggests a bearish move, so I will make entry on the pullback. IF price makes some...
So, we are at the bottom of the descending channel + a very strong support level. We might see one more bounce or 4H hammer candle before going up and to be honest that's the optimal play we look for. The price can actually smash this zone and if it does so, I will shift my bias and will look for pullbacks for short.
Alright, here is one cheeky setup that can possibly be played out. So we have POI with: 1. 4H 50EMA 2. zone of S/R 3. 3rd touch of ATL 4. 61.8% fib level All we need is 1H-4H rejection candles to be sure that this zone is respectable, so we can make entries from there ;)
Oke guys, I'm going to watch this for potential long if price give us second touch of the ATL, it showed good rejection at first touch and now I'm looking for a pullback to POI and if it comes to the marked zone, I will wait for 4H rejection candles and after that I'll consider buys. Confluences are: 1. Daily 50EMA touch 2. Nice break and retest of S/R zone 3....
HINDUSTAN ZINC as per Day Chart Analysis Stock ABOVE 345 TARGET 350 Today FII Net selling had come down considerably to 203.13 Cr and DII Net Buying increased to 1723.79 Cr. Nifty Once Breaks the resistance at 18169 then the target is 18240 level. Bank Nifty Once Breaks the resistance at 42716 then the target is 42932 level Tomorrow Market trend to be on the...
GULSHAN POLYOLS as per Day Chart Analysis Stock ABOVE 272 TARGET 276 Today FII Net selling had come down considerably to 203.13 Cr and DII Net Buying increased to 1723.79 Cr. Nifty Once Breaks the resistance at 18169 then the target is 18240 level. Bank Nifty Once Breaks the resistance at 42716 then the target is 42932 level Tomorrow Market trend to be on...
SAKSOFT as per Day Chart Analysis Stock ABOVE 143 TARGET 146 Today FII Net selling had come down considerably to 203.13 Cr and DII Net Buying increased to 1723.79 Cr. Nifty Once Breaks the resistance at 18169 then the target is 18240 level. Bank Nifty Once Breaks the resistance at 42716 then the target is 42932 level Tomorrow Market trend to be on the...
LAMBODHARA TEXTILE as per Day Chart Analysis Stock ABOVE 167 TARGET 173 Today FII Net selling had come down considerably to 203.13 Cr and DII Net Buying increased to 1723.79 Cr. Nifty Once Breaks the resistance at 18169 then the target is 18240 level. Bank Nifty Once Breaks the resistance at 42716 then the target is 42932 level Tomorrow Market trend to be on...
GEE as per Day Chart Analysis Stock ABOVE 88 TARGET 93 Today FII Net selling had come down considerably to 203.13 Cr and DII Net Buying increased to 1723.79 Cr. Nifty Once Breaks the resistance at 18169 then the target is 18240 level. Bank Nifty Once Breaks the resistance at 42716 then the target is 42932 level Tomorrow Market trend to be on the positive...
TRIVENI TURBINE as per Day Chart Analysis Stock ABOVE 264 TARGET 268 Today FII Net selling had come down considerably to 203.13 Cr and DII Net Buying increased to 1723.79 Cr. Nifty Once Breaks the resistance at 18169 then the target is 18240 level. Bank Nifty Once Breaks the resistance at 42716 then the target is 42932 level Tomorrow Market trend to be on...
TRANSFORMERS & RECTIFIERS (INDIA) as per Day Chart Analysis Stock ABOVE 67 TARGET 70 Today FII Net selling had come down considerably to 203.13 Cr and DII Net Buying increased to 1723.79 Cr. Nifty Once Breaks the resistance at 18169 then the target is 18240 level. Bank Nifty Once Breaks the resistance at 42716 then the target is 42932 level Tomorrow Market...