Wipro Chart is Bullish after 20% correction Wipro is on Law of Polarity working from 2021 Stock has achieved the targets of LOP which was coming around 550 And stock has corrected exactly from there !! Now stock is around Law of Polarity and also Wipro is making Falling Broadning pattern in an uptrend which indicating Bullishness. Stock is still around the...
US30 New Forecast Nasdaq and S&P 500 Futures Rise on Chip Stock Rally Following Nvidia’s Positive Revenue Forecast Futures tracking the tech-heavy Nasdaq and the benchmark S&P 500 climbed on Thursday as chip stocks rallied, bolstered by Nvidia's optimistic revenue forecast, which strengthened investor confidence in the rapid growth of artificial intelligence...
The CAD/JPY pair on the M30 timeframe presents a potential buying opportunity due to a recent breakout from a triangle pattern. Possible Long Trade : Entry: Consider entering a long position (buying CAD/JPY) above the broken resistance trendline of the triangle after confirmation. Ideally, this would be around 114.40 or higher if the price continues to...
Hello Traders and Investors, today I will take a look at Amazon. -------- Explanation of my video analysis: In 2020 Amazon stock created massive resistance roughly at the $180 level and started a major correction away from the resistance in 2022. As we are speaking Amazon stock is once again retesting this major resistance level and is therefore at a quite...
The GBP/USD pair on the M30 timeframe presents a potential shorting opportunity due to a recent breakout from a wedge pattern. Possible Short Trade : Entry: Consider entering a short position (selling GBP/USD) below the broken support trendline of the wedge after confirmation. Ideally, this would be around 1.2720 or lower if the price continues to...
www.tradingview.com 📈 Focus on XAUUSD! 🚀 On the H4 chart, XAUUSD has tested the significant 2370 resistance, which aligns with the golden Fibonacci ratio. Technically the market is still bullish. 🔼 If the price breaks above the 2370 resistance, the next target is 2395. 🔽 If a correction happens, the price might drop to 2330 and the 38.3 Fibonacci level.
We're looking into the scenario of price movement development on THETA. Right now, the asset is trading below the resistance level at $2.5757. There's a chance it could break through this level if the volume profile supports it. This could show that buyers are getting more interested. The next significant resistance is at $3.1098. From this level, there might...
Price has touched support level and started taking a ride until specified resistance level price moving in a range bound Support and resistance levels are specified for short term trade Enter more after breakout
Platinum is sitting at a Support Zone which aligns with the PCZ of a Bullish Cypher with RSI and MACD Bullish Divergence all on the Daily Timeframe and looks to be setting up to begin a retrace towards the resistances marked above.
Conservative Trend Trade 5F + long impulse + SOS bar Calculated affordable stop loss 1 to 2 R/R below 1/2 monthly zone Monthly chart context + long impulse + biggest volume T2 level + biggest volume manipulation Start building position, will add more after there's a set up on inferior timeframe.
Aggressive Trend Trade 5.2F - short impulse - unvolumed T1 + volumed 2Sp+ Calculated affordable virtual stop loss Adding to my swing position 1/6 of a desired quantity Hourly chart context + long impulse + SOS level + support level + 1/2 correction
Aggressive CounterTrend Trade - short impulse + volumed T1 level + volumed Sp + weak test + first bullish bar closed entry Calculated affordable real stop loss 1 to 2 TP before volume zone Context on Daily: "- short impulse + monthly support level + 1/2 correction monthly + biggest volume T1 + biggest volume Sp" Context on Monthly "+ long impulse + SOS level +...
Prices Already on Resistance!! If Market Crash Price can go higher up to $2900 (I mean 20% rally). or Opposite, It come down to $2100 to $2000 level It will provide a bearish divergence signal shortly. Keep an eye on it, but make a trade plan in advance. A surge in the US dollar and Treasury yields also brought down the price of gold. Central...
DXY was bearish last week breaking lows, this week in confluence with DXY pull backs we can expect a retracement to the buy areas to take opportunity of the market to continue GBPUSD Bullish Bias.
The Australian dollar appears reluctant to break above its resistance level, so we consider selling and targeting the support level below. We believe that the current market conditions suggest a bearish outlook for the Australian dollar, as it struggles to gain momentum above the resistance level. By selling at this point and targeting the support level below, we...
Yesterday market hitting another ATH got everybody excited. However traders should be cautious. Any test of ETH session High could provide direction for the day. Level to watch: 5331 --- 5329
Possible NZDCAD trade scenario Enter with confirmation on ltf Manage risk if Taken Direct entry on THESE zone 1:2-3 Rr Indicator based SMC approach Follow and like for more setups
Nifty 50 support and resistance level for 16/05/2024.