BTC been ranging around high 29K and with its previous drops it had to 29.5 , 29.6 and 29.7 (recent one) the lows are forming a bullish structure.will see if it plays out or jebaits us and goes down. IMO first 32K then 28.6 Thanks for watching
Atul Ltd. is an integrated chemical company serving about 4000 customers belonging to 30 industries across the world. The company product portfolio utility includes area of aromatics, crop protection, polymers, pharma ingredients and many more. Atul CMP is 7014.15. Negative aspects of the company are high valuation (P.E. = 45.7), declining annual net profits,...
Life Insurance Corporation of India is the largest multinational insurance corporation and an institutional investor with an asset under management of more than 45 trillion INR. The company offers insurance plans, pension plans, unit linked plans, withdrawn plans and health plans with many other group schemes. Life Insurance Corporation CMP is 635.75. Negative...
There is weakness signs after a good up trend: 1- Bearish Divergence 2- Bearish Break to VAWP 3- Doji candle for last month (monthly frame) possible for 2 scenario lead to retest 200 MA
Next week, on Wednesday, we are expecting FED Interest Rate Decision. Here are potential scenarios for Gold: Bullish If the price breaks and closes above 1987 daily resistance, it will be a strong bullish signal. A bullish continuation will be expected at least to 2000 level then. Bearish If the price breaks and closes below 1960 support, it will lead to a...
News of blackrock and traditional finance filings for bitcoin have been taken as if they'll be a simple clean process to success. Perhaps it will be smooth sailing. I do think theres a decent chance for it to be a rockier road than many are currently thinking. This gives time for the process to influence btc and crypto prices in the meantime. Should a...
Even though USDCHF is very bearish, I see multiple bullish clues. After a strong bearish impulse, the price made a false breakout of a falling trend line. Quite often it signifies strong exhaustion of sellers. Moreover, the pair also formed a double bottom pattern, the price violated its neckline with a high momentum bullish candle. I believe that the market...
Based on the smart money concepts, I guess the mentioned zone could be a good zone for buying.
Looking back in time, we see that INP favours week 22 as point to make a high price before downtrend begins, the past week marked week 22 with a shooting star candle. On the daily time frame, price is seeking to make a cycle low after which a bounce will attempt to take out recent highs. The swing high that forms after this instance is a low risk short entry on...
🔰 Pair Name : XTIUSD 🔰 Time Frame : 4hrs/ Daily 🔰 Scale Type : Long Scale 🔰 Direction : Long/ BUY In light of recent market developments, a noteworthy occurrence took place last Friday with the formation of a Daily Bullish Pin Bar. This event coincided with the release of significant news pertaining to a Russia Munity over the weekend. Both fundamental and...
Hi Traders! There is a potential Evening Star pattern forming on the EURUSD 1D chart, which suggests to us that the bullish momentum over the past week is possibly slowing down. We have highlighted on the chart the doji candle that formed this past Friday, which is a warning sign that the momentum has run out of steam and bulls might start profit-taking on their...
Finally swept the liquidity and mitigated a demand zone. Am now taking a risk entry long but will look for a confirmed entry also
Notice price has not yet closed above this fractal supply. I am not interested until the price makes some more structure, however if the lows are taken and then we have a change of character, I would be long.
The 1.17% negative fall in stock market today courtesy weak guidance for 2024 by Infosys set the cat amongst the pigeons and profit booking in major sectoral indices lead by IT started. Capital goods and PSUs index were trying to provide some support and respite to the Nifty. On weekly chart the zone between 18887 and 50 weeks EMA which is at 18000 looks like...
Last day of this week, expect something to happen.Price Action shows some bullish movement but not with lots of momentum, BTC will prolly follow NY market today like yesterday. Thanks for watching
NSE: GAIL is closing with a bullish consolidation 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 13% gain on deployed...
Gold Seasonally gold tend to have a bit of a rally towards the last week of July Daily is very interesting because its showing bullish swing structure however it has bearish internal structure recently showing bullish momentum in line with the higher timeframe like the weekly and monthly. We have now traded above the weekly inside range and closed above, we...
Cable Interesting price action this week, huge push to the upside. Inflation data for UK in and investors already priced in a hike in rates again. Daily bullish H4 bearish M15 bearish, bullish change of character could this signal a Friday relief rally is in store.