Expecting some bearish momentum for this week if the price action got rejected at previous daily inversion buyside imbalance sellside inefficiency of consequent encroachment which the price level around 0.62500 - 0.62600 , must aware of this week FED Decision and Press Conference , Be Safe and Good Luck !
Hey traders! 🐻📉 Are you ready for a retracement on the S&P in the 1-hour timeframe? Let's dive into this bearish setup! 📉📉 📈 Bearish Gartley: The price action on the S&P has formed a bearish Gartley pattern, with the price topping twice on point D. This reliable harmonic pattern signals trend reversal with a highly reliable consistency. 🕯️ Bearish Engulfing:...
GBPCHF is testing a strong horizontal resistance. Here are multiple bearish clues that I spotted after the test of the underlined area: the market was rejected heavily, forming a sequence of rejection candles, the price formed a head and shoulders pattern and broke its horizontal neckline, the pair violated a support line of an expanding wedge pattern. I...
Red selling zone and green buying zone level learning and education purpose only
Red selling zone and green buying zone level learning and education purpose only
↪️GBPUSD is hovering around 1.2850 resistance cluster. The pair remains under pressure and struggles to gain during the Asian session on Tuesday. I will be monitoring the pair for selling opportunity within the zone, once I receive a bearish confirmation the trade will be executed. Alternatively, a bullish breakout of the resistance level will be a strong...
NSE: ACC is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 11% gain on...
EURJPY is trading in a long-term bullish trend. After the price reached a 158 level, the market retraced to a rising trend line. The market is approaching the highs again now. Bullish breakout of the underlined blue area and a daily candle close above that will be a strong trend-following signal. A bullish continuation will be expected to 160 level...
Previous candlestick pattern looks it will dump to around $130-140 range and pump from there.
GBPUSD has reached a major Confluence area of a Trendline aND a strong resistance. A pinbar has formed showing sellers getting active at the confluence area. We also have a bearish divergence on the TDI indicator... Like and subscribe... Else I'll take ur stoploss
📈 Big Picture Trend: UT ⚠️ CounterTrend: NO ✍️ Strategy: INTRADAY BSO @ 0.6745 ⏳ -SL @ 0.6732 🚫 (aggressive) Choose your TP based on your trading strategy: ATR = Average True Range Scalping 10-20 pips Intraday 20-40 pips Swing 40-80 pips Position 80-120 pips
Monthy overall bearish trend but nice wick showing bullish reversal potential. A closer look at the weekly shows that last week we had a bullish weekly close. We were expecting a pull back atleast to the 38.20 level of the fib on the previous weeks' candle and then price respecting the level which it has done as we can we that we had a bullish previous day close....
Doge is primed for one final pump before the Bitcoin rally concludes. The Vwap indicates a bullish momentum, and the money flow has flipped to the upside, signifying significant money inflow. Doge will have a blow off top before the Bitcoin rally ends. I'm closely monitoring the resistance level, but it's possible for the price to move towards the 1.618 Fibonacci...
What seems to be similar to a skewed shoulder-head-shoulder might go back to lower levels of 4.6. Descending highs and lows.
Siemens Ltd. is a technology company focused on industry, infrastructure, digital transformation, transport as well as transmission and generation of electrical power. Siemens has signed a 3 billion euro ($3.25 billion) contract to supply and service freight trains in India. Siemens CMP is 3694.90. Negative aspects of the company are high valuation (P.E. =...
E.I.D. Parry (India) Ltd. is engaged in the business of Sugar and Nutraceuticals. The company is amongst the leading sugar manufacturers in India, E.I.D. Parry’s 9 sugar plants are spread across South India. It is also a part of the INR 369 Billion Murugappa Group, one of India’s leading business conglomerate. E.I.D. Parry (India) CMP is 480.70. Negative aspects...
🚨 Attention traders! We have an exciting bearish setup on AUDUSD that you don't want to miss. Our previous bullish setup on AUDUSD was a resounding success, allowing us to secure profitable gains. Now, it's time to switch gears and capitalize on a new opportunity as the tide turns bearish. 📉🦅 The formation of a bearish bat pattern, coupled with two strong...
I've been waiting for this day for a while now. BTCUSD has been trading in a tight range around the 31,000 area for some time. It was difficult to get a daily close below 30,000, but once it happened and price retested and confirmed wedge support as new resistance I was all for taking a stab at the opportunity. So far, price has had a steady move to the downside,...