2 important orderblocks should be followed! risk is 50 Pips. and reward will be 300+ Pips. just have patience, this trade is only my analysis i don't give any signals and i don't share any my personal information.
Nifty will be gap up opening in today's session. After opening nifty sustain above 19250 level and then possible upside rally up to 19350 & This rally can extend another 100-120 points if market gives breakout of 19370 level in today's session. in case nifty trades below 19210 level then the downside target can go up to the 19090 level.
Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 43550 level then possible upside rally of 400-500 points upto 43950 Level. And this rally can extend for another 400 points if it gives breakout of 44050 level. Any Major downside only expected in case banknifty starts trading below 43450 level.
COINBASE:BTCUSD chart mapping/analysis.
Bitcoin continuing to march higher & higher after bouncing back in Nov-Dec 2022 off lower range of ascending parallel channel (light blue).
TVC:US10Y chart mapping/analysis.
US10Y getting dumped off combination FOMC decision, US economic data + US Treasuries update triggering institutional short covering.
Bond & equities market squeezed higher, in-line with seasonality.
Possible bearish H&S in development on lower timeframe, pending pattern confirmation.
CAPITALCOM:AU200 chart mapping/analysis.
ASX following US market lead rallying into ~7000 psychological level (50% Fib) & descending trend-line (light blue dotted) confluence zone.
CAPITALCOM:US500 chart mapping/analysis.
Ripping bounce off lower range of descending parallel channel (white) into upper range of Golden Fib Ratio (66% Fib / ~4370).
TBC consolidation/retracement for further bullish momentum to re-test upper range of parallel channel, or bearish continuation of downward trend.
With NFP on Friday 06/11/2023 Bears are starting to be in control of the market, already broke the support level of ABCD Pattern and retested it. With the sellers pushing the market down we looking for short seller before NFP announcement.
The S&P 500 has risen significantly since yesterday and has broken through resistance at 4294. We must now assume that the low of wave in magenta was already established a few days ago, on October 27th. Going forward, we can expect a continuation of the rally that has now begun, which should also continue above the resistance at 4634 in the course of the magenta wave .
Hi Traders!
Ahead of the NFP announcement later, EURUSD is trading near its weekly high in anticipation of possible weak jobs data coming out of the US.
Price Action 📊
The market's price action is currently bearish, largely due to the double-top pattern. The market recently had price rejections at the weekly high of 1.06750. That being said, we are currently...
GBPUSD
The price is currently above support/resistance structure, after a pullback if price holds above the support I expect the price to move higher...
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*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
COLGATE PALM (INDIA) LTD
Key highlights: 💡⚡
📈 On 1 Day Time Frame Stock Showing Reversal of Rising Wedge Pattern.
📈 It can give movement upto the Reversal Final target of Below 2030-.
📈 There have chances of breakdown of Resistance level too.
📈 After breakdown of Resistance level this stock can gives strong downside rally upto below 1900-.
📈 Can Go short in this...
The Travelers stock could once again honor its name and undertake a volatile journey. We now locate the stock in the magenta wave (y), which should undercut the support at $157.33 and then bring the superior wave (4) in green to its end. It should be noted that it is also 39% likely that the stock has already established the low of the larger correction with wave...
INDRAPRASTHA GAS LTD
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Descending ChannelPattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 392+.
✅Can Go Long in this stock by placing a stop loss below 380-.
1) Great pattern building in chart with building of volume
2) Perfect time to accumulate and take advantage of saucer pattern
3) near life time High level
4) above 265 level is sustainable for the upside move
5) must sustain 265 level
No recommendation for buy and sell
Hi Traders!
GBPUSD is in a bear pennant pattern and is heading for the 4-week low at 1.20372 in anticipation of the FOMC press conference later today.
Price Action 📊
The market is currently in the bear pennant pattern and is showing bearish signals with lower highs and lower lows; additionally, there has been a break and a close under the 20 EMA. We are now...
Hi Traders!
Today is a big day for the USDCAD, and the pair is approaching its yearly high at 1.38623, but before that, the monthly high resistance at 1.37858 must be broken.
Price Action 📊
The market has broken its trendline resistance and is near the monthly high at 1.37858. There is bullish momentum due to the anticipation of hawkish statements from the...
![BANKNIFTY: [INTRADAY] #BANKNIFTY PE & CE Levels(06/11/2023)](https://s3.tradingview.com/j/jc36PRmv_mid.png "[INTRADAY] #BANKNIFTY PE & CE Levels(06/11/2023)")
