As we can see, the price of the previous idea followed my arrow. This is a great result.
In today's idea, the main role is played by the resistance zone and the support zone. As we can see, the price could be repelled from support as well. Now the price bounced off the resistance line and began its downward movement. At the moment, the price has almost broken...
This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
NSE:NIFTY
Consolidating in short range with negative candle having bigger size than positive candle.
Thus it can give fall very soon. Just reliance is holding Nifty from falling.
Once the reliance will start its downward journey , Nifty will also fall.
SHORT USD/JPY, ***IF there is a clear rejection around the 50% and 61,80% level of the fibonacci, wich is also on a key level. IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
Waves X and Y are almost equal in obsolete terms, besides price of BTC is restricted by mirror strong price level through the which false breakout was made.
GBPJPY has been on a northern run, but is now breaking the rising wedge and falling. I anticipate a 32.8 retracement due to the strength of the move.
We shall see
I am placing a SHORT ENTRY here with the bulls on GBPCHFbecause here after careful review, trend analysis and pattern recognition on the 1hr time frame for entry I have identified an opportunity to buy for the GBPCHF pair with confluences to match. Take a look at my analysis I would love your feedback. My trades a specifically for intra day trading I am completely...
