Nifty Short, Medium & Long Term View- 13-May-24 to 17-May-24 Nifty closed at 22055(22440) and touched low & high of 21935 & 22585 Nifty was up from the support level and was trading inside the range (22000-22800) provided last month. However broke the support and touched down 21935. RSI and stochastics levels was up from last week(41.45 % & 13% Respectively)....
VIX has been consolidating for over a year now in a wedge and has so far respected the diagonal resistance line extremely well. Markets have been on full boil non stop and the water is soon to run out IMO. We haven't had a serious correction for over a year now too and I believe the time is now. There's two scenarios, my first aim is to reach 21 and from there...
So, for anyone who likes to watch certain movements. A big one is about to occur. A rejection from this break is the covid drop. about 30% and some. However, the end of the cycle, if you believe in those kind of things, would be a 100% retrace of the impulse with a little extra on the downside, which closes all gaps, I believe. That takes us down below 200. It...
Dear Respected Traders, we hope this communication finds you well. we are convening a discussion focused on #FRONTUSDT THE Pennant Pattern Breakout Has Already Done Waiting for Retest ✅ So,I Expect a Bullish Move of 180% In Coming Days 🚀 #Bitcoin #Crypto #Ethereum #Cryptocurrency #CryptoTrading #BTCUSDT #ETHUSDT #ALTCONS #USDT CRYPTOCAP:BTC CRYPTOCAP:ETH ...
Hey there, a CUP & HANDLE is forming up, which could lead GOLD into a downtrend (since the CUP formed already). If you are new to this, feel free to check out my Videos and charts about Cup $ Handle, which are explanationary and educating. In addition to the overall fear and uncertainity in the markets, especially with an eye on corona virus, people are...
Hey guys! Here is a top down analysis on the EURUSD pair. I see a great deal of bullishness currently, but i am convinced this bullishness is to take prices into the 4 hour zone sitting a few pips above the 1 hour liquidity target. If that happens, I will expect to see prices begin to u turn bearish and head in the direction of the 4 hour and daily liquidity for...
The stock market is at a major decision point, with 1969 low unemployment up-trending for the better part of the last year. Low unemployment *potentially* signals the maximum productivity of an economy. This is an important area to watch and wait. If we break above and trend-line check into support it could mean a bull market similar to 1990's is...
This is my long term Eth chart. Eth looks to be short term headed to next resistance at 6.6K and very likely near $20K area later this year. If it gets to $20K resistance, it's very possibly a good sell for a move back to to $4K.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 ETH has been overall bullish, trading above the red trendline which is acting as a non-horizontal support. Currently, ETH is in a correction phase trading within the falling orange channel. Moreover, it is retesting a strong demand in green at $2900 - $3000. 🏹 Thus, the...
Hello traders this a weekly swing setup prediction in EURUSD 1/3 Risk reward trader The strategy ; Instituional tactics If you Like My Content please Hit the like button , comment follow me and show some Love Remember Use your Diligence , Patience , Temperance , Charity and Humility and be kind to yourself Wish you good luck and good trading
BTC Update #BTC If Failed To Hold Support Level ( GETTEX:59K ) Then , Surely We Can See A Blood Bath Coming Till Major Support ($50k).... #NFA #DYOR
Since February, the commodities asset class has surged ahead, overshadowing the S&P 500's faltering performance. This notable shift in market dynamics underscores the resilience and strength exhibited by commodities during this period. Of particular interest are the XLE and XLU sectors, which have emerged as frontrunners since early March. This transition...
Nifty Short, Medium & Long Term View- 29-Apr-24 to 03-May-24 Nifty closed at 22419 (22147) and touched low & high of 22199 & 22623 Nifty was up from the support level and was trading inside the range (22000-22800) provided last week. RSI and stochastics levels was up from last week(53.75 %(41%) & 64% (<20%) Respectively). Moved up from oversold zone. All...
100 day weighted moving average Red Arrow is broken by positive trend Blue arrow the next day. Weekend vibes. 24 hour stock market trading future? Support and resistance bands showing; newly formed 50 day lookback input data (in red), scenario.
From a technical perspective, there hasn't been a definitive signal indicating a trend reversal for the SPY 500. Back in May to October 2023, the SPY exhibited a clear "M" pattern or double top, experiencing a drop of approximately 5%, retracing back, and then dropping around 10%, forming the M pattern. If we compare this M pattern with the current price action,...
I analyzed a lot of fractals and came to the conclusion that you see on the chart now, that the next month - May as well as April will be red for bitcoin, and only after that growth is possible. Be objective bitcoin has been growing for 7 months, now the first month will be red, and most likely the next month will also be red. It may be hard for altcoins, but...
MARKET OVERVIEW A weak bounce in the market this week, which lifted stocks modestly off their lows though most stocks are struggling to recover a significant portion of their recent losses. Tonight, Meta Platforms ( NASDAQ:META ) is adding more downside pressure on growth stocks after it announced weak guidance numbers and the stock collapsed $75 lower in...
Stay informed with our latest analysis of the XAUUSD market! Gold prices are currently trading around $2400, exhibiting a downtrend with sell signals. Recent price action has breached key support levels, with technical indicators like moving averages and RSI indicating selling pressure. Explore potential trading opportunities with our detailed analysis now!