Hi everyone and welcome to our profile, today we will be forecasting a potential further bullish movement of this interesting market. Let's start with a quick top down analysis: In HTF the market reached and double topped with its previous swing, which is the first clue of a potential market reverse. in LTF we can count several confluences in line with the...
The fundamentals over the past week have been coming out as strong catalysts for bullish momentum on the DXY to continue. Therefore, I am currently still looking for SHORTING opportunities on XAUUSD. So if or when price returns to 1940 / 1945, I will be paying attention to price action as it develops and if it starts to look like buying pressure is fizzling out,...
BANKNIFTY Pre-analysis:::::::::::: Overall Structure : Uptrend Index Components : Neutral Correlation FGI Sentiments : Neutral; Indian 57↑ & Global 55↓ FII /DII Status : Neutral in Cash Market & Derivatives (With Combined OI) Insider Data : Neutral, PCR: 0.67↓, IVP: 15.8↑, IV: 19↓, VIX: 16↓ (25/31)↓ ↑Upper Level : 41400, 41550, 41650, 41800, 42000. ↓Lower Level :...
NIFTY Pre-analysis:::::::::::: Overall Structure : Uptrend Index Components : Positive Correlation FGI Sentiments : Neutral; Indian 57↑ & Global 55↓ FII /DII Status : Neutral in Cash Market & Derivatives (With Combined OI) Insider Data : Neutral, PCR: 0.99↓, IVP: 15↑, Low IV: 14↓, VIX: 15.94↓ (26/32)↓ ↑Upper Level : 18120, 18180, 18250, 18320, 18380. ↓Lower Level...
I know absolutely nothing about this stock but how I would play this chart is the following... 1) I would have a $1000 account and buy as much stock as I can at $1.20 and hold till stock is bankrupt with a TP of +40%. Every time price comes back down into $1.20 area I would buy and play my TP + 40%. Once I've doubled my account, I would pull my initial $1000...
play for small sl mcdowell looking good for buy if break 885, SL will be 863,,.... TARGET 900,920++ ek channel me move kar raha hai lats play small SL.. but monday ko flat or gap up open hona chaiiye..
Enjoying a cup of coffee on a cool day while shorting McDonalds. Technical indicators I have been using for years show strong favor of decline in stock price based on MACD, RSI, and a sell signal that has a track record of being very accurate. Candlesticks also show a down trend. If you look at the latest 3 candles before hitting play, you can see that resistance...
Europe Continues to have an energy crisis, the U.S. has indicated a tone down in interest rate hikes. when this happens, JPY and CHF should be bought and NZD, AUD and other commodity currencies gain strength. In today's trading session we are monitoring EURNZD for a selling opportunity around 1.698 zone, once we will receive any bearish confirmation the trade will...
Technical Analysis on OANDA:XAUUSD Gold is in the support zone at the moment, which might give a short-term bounce but I see good selling in long term. Some Key Points: -DXY is getting strengthen -As per the seasonal November is one of the most bullish months of the year for DXY -Gold has already broken its major Double top neckline -Following significant...
After having lower-low swings, here found that price is forming buy momentum. In this position I expect that price could potentially test the nearest resistant at 1.55483. attentively waiting for entry short term if price a bit pulls back. Good luck guys.
Hey traders, in today's trading session we are monitoring NZDCAD for a buying opportunity around 0.78800 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Hello Friends 🌸 As can be seen in the picture, the price has hit the $18,000 to $18,500 area several times and has continued its upward trend again. The long shadows formed in these areas by the blue arrow show the strength of buyers over sellers in the $18,000 area. Recently, in the 4 hour timeframe of Bitcoin, we see the formation of higher low (LH) than the low...
Vix supported as well. If things continue to fall at US market, it will revisit 28 to 34 area again till CPI data day. All this chart index is our key to monitor the movement of bull & bear.
Looks like this double top indicator at 11678 might revisit 9761 support if the previous technical rebound low 10427 area broke. If that was the case, let's see if that will happen. My market outlook Investor felt hopeless on FOMC event as none of their speech projecting anything about cut rates. Its decision maintain to continue hike but in a slow mode. This...
A lot of traders will be looking at this pattern today. Will the RH shoulder form and will the price travel back up to the neckline? The speculators will buy here, which means they will put their stops under the head. A big pool of liquidity is always a big magnet for stop hunters. I don't trade these patterns but I keep an eye on the market structure to keep...
Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about NZDCAD. NZDCAD is almost going to break this Rising Wedge Pattern. After this Breakout we can see price around 0.78 price level. Keep in touch we will update further soon.
Hy team Hope you all are enjoying our ideas and analysis. Now we are here to discuss US30. US30 Exactly moved According our analysis. Now here we can see a small Retesting. And after that it will again follow Bullish Trend. Keep in touch we will update further soon.
BYBIT:DOGEUSDT.P 1H time frame - DOGE is consolidating in an ascending tunnel and approaching to the lower uptrend for support. We can open long with good RRR here. - Entry: Market Add: 0.127 TP: 0.15. 0.165. 0.17 SL: 0.12