Hi Traders! There is a resistance short-to-support opportunity on the CHFJPY 1D chart. Price Action 📊 The market has reached the 2-month resistance at 166.601 (August 2023 high), and bears are currently holding strong at this level. A continued hold here will most likely lead to a pullback to the support level at 164.000. We are looking for the bears to hold...
Today will be gap down opening in BANKNIFTY . After opening if banknifty start trading below 44450 level then possible downside rally of 400-500 points upto 44050 Level. Any Major upside only expected in case banknifty starts trading above 44550 level.
The 3M stock was able to undershoot the support at $92.38 in the past weeks. Now it is not far to the green target zone between $83.82 and $74.28, where we expect the low of the white wave (II). To capitalize on the expected change in direction, long positions can be opened within the zone. Stops should be placed about 1% below the zone, as a 36% likely...
Hi Traders! There is a descending triangle forming on the USDCAD 4H chart, and there may be possible opportunities for short entries leading to a potential support trendline break. Price Action 📊 The market has had lower market swings filled with lower highs and lower lows since, along with a recent upside rejection candle and break below the 20 EMA, creating a...
Hi Traders! EURNZD has a potential head-and-shoulders pattern forming on the 1D chart, and there are opportunities for short entries to lead to a possible neckline break. Price Action 📊 Recent lower market swings with lower highs and lower lows, and the market is about to break back below the 20 EMA. We are looking for bearish momentum to fully complete the...
GODREJ CONSUMER PRODUCTS LTD Key highlights: 💡⚡ ✅On 1Hour Time Frame Stock Showing Breakout of Ascending triangle Pattern. ✅Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 1012+. ✅Can Go Long in this stock by placing a stop loss below 979-.
Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 44050 level then possible upside rally of 400-500 points upto 44450 Level. And this rally can extend for another 400 points if it gives breakout of 44550 level. Any Major downside only expected in case banknifty starts trading below 43950 level.
The price of Booking Holding has been heading south in recent days. It has now come very close to support at $2934. As long as this level is not breached, we believe that the price should continue to rise above the resistance at $3251 with the turquoise wave 5. However, if the support is breached, which we see as 33% probable, the price would still make a lower...
Stock have beautiful breakout with gap up opening and also sustain above 310 level My Target is 360 at stop loss 305 strictly stop loss Festival season stock Stock can leads festiv season huge demand in this period so expectations also high from invester Fundamentals also have good stock well known branded in shoes company No recommendation for buy and sell
BINANCE:GALAUSDT GALA USDT 1 Day TF Analysis. Bullish Momentum Shows Examining the GALA USDT price action, we notice promising indications of bullish momentum. After a 10-day consolidation period, Currently break the H.L that is also good sign for price move upward direction in coming days. (RSI) is also showing a bullish divergence on the charts, further...
Hi Traders! There is a falling wedge pattern on EURAUD, which signals a possible reversal of the bearish trend we have seen over the past couple of months. Price Action 📊 An aggressive price rejection candle followed by a momentum swing suggests that bulls are currently in control of the market. We are looking for a further bullish momentum break above the...
Hi Traders! There is a possible retest of the strong support level of 0.80531, and there are potential opportunities for short entries towards this level. Price Action 📊 The market is currently in a descending price channel and recently broke and closed below the 20 EMA, which suggests that there is currently bearish momentum in the market. We are looking for...
BYBIT:WLDUSDT WLD USDT 1 Hr Outlook Bullish In the one-hour outlook for the WLD USDT pair, a bullish sentiment is prevailing. The price has established a robust support level at 1.47, and it is currently in the process of breaking the previous higher high (H.H) to set a new one. This indicates a favorable opportunity for traders to consider long positions for...
BINANCE:GMTUSDT GMT/USDT Technical Analysis: Bullish Momentum Builds GMT/USDT has been in a strong uptrend since early October 2023, with the price increasing by over 8% in this month. Bullish Divergence The RSI indicator is showing bullish divergence, which is a confirmation that the price is likely to move in an upward direction in the coming days....
Hello traders! At the end of the GBPUSD trading session, the pair has continued its downward trend since breaking out of the previous uptrend at 1.2758. Currently, the price is consolidating at 1.2146, following a downward channel. Furthermore, the reversal signal from the EMA reinforces the bearishness of this decline. It is anticipated that the support level...
Today will be FLAT opening in BANKNIFTY . After opening if banknifty start trading above 44050 level then possible upside rally of 400-500 points upto 44450 Level. And this rally can extend for another 400 points if it gives breakout of 44550 level. Any Major downside only expected in case banknifty starts trading below 43950 level. also possible Reversal Downside...
Not everything that Shines is gold I don't share the view of new ATH. on 3 months view Looks to me we are forming a broadening top pattern, if so a massive fall will happen to the price of gold within 1-2 years timeframe Long-term correlation to 10 year note is yet to adjust back.
Although the last few days have been volatile, the price of Berkshire has now backed the low of the magenta wave (1) and is currently in an uptrend. The same colored wave (2) should reach $360 before a reversal takes place. The 37% probability alternative scenario is for the price to rise further, which would come into play on a break of the resistance at $373.34.