As we have a seen a drasctic change in gold and gold has shown us rejection on buy side so as we are bearish on Gold we will hold that too on H4 we can see that gold has broke a support level on 1910 to 1905 level and its going to retest the latest broken level we are waiting for pull back to the level and after getting a signal like bearish engulfing Morbozu or...
Eur usd is has broken its daily significant support level and now heading toward to daily level also moving in down trend under a trendline from H4 now we have entered a trade as we have spotted a bearish Engulfing on H4 time frame now we see
Traders, pay close attention! The GBPCAD pair is currently showing clear signs of entering the markdown phase within a distribution pattern. 🇬🇧🇨🇦
In the context of the Wyckoff distribution, the markdown phase is a crucial stage where the price undergoes a controlled decline after prolonged accumulation. This phase often signifies a shift in market sentiment from...
This not 🚫 price prediction
This not buy / sell setup 🙂
This just reviewing chart 📉📈
wt plans can be happening in 1W just showing to you
So pls DYOR
Let me go with possible chart Explanations - how 1W really looks like
Still now price did high and high 📌 but stochastic RSi did high and low 🔅
Even when price getting low 🔅 it did high and low 🔅 stochastic...
Hey There, Welcome Back.
We are not big fans of industries that are on the commodity (Raw Material) side of the value chain, But for those who don't mind, Here is everything you should know about Hindalco.
- A support trendline has been pushing the price up
- An ascending triangle was formed with the recent 6M consolidation
- A breakout candle broke both the...
Sideways trend before forming Cup with handle pattern
Cup with ~20% correction and length of cup 26 bars
Handle length is 9 weeks and ~6% correction.
Volume needed to increase the success probability
PAT for the quarter ended 30 June 2023 at 381 cr, 45% growth Y-o-Y
NSE:LEMONTREE 's and NSE:TATAPOWER 's patterns are...
Xauusd Is moving under its daily Resistance and not yet broke that daily resistance it has retested that and moved down
Now it has given a rejection over its trendline and going to retest the same and would give us a beautiful opertunity today is friday and we are waiting for US session opens our target is 1910 level
Confluance for this trade is daily trendline 📉...
Hey there, Welcome back to a new case study.
Here is everything you need to know about NSE:DEVYANI :
- Devyani had a tepid journey so far since its IPO.
- The price stayed in a 50 point range for the last 20 months
- It defined support and resistance zones that were actually respected. Both bulls and bears have been trapped by the break of zones a.k.a....
As gbpjpy is moving in uptrend and this tend is getting 💪 from Daily timeframe as GBPJPY had reached its daily significant support level and has turned back upward ⬆️ will reach to its resistance level another Confluance for this long setup is 200 EMA shows the bull trend baised so we hope for the best as the pair returned from support level we are waiting for a...
As we said earlier in our yesterday's anylisis that gold will rally towards 1933 level and it has done what we predicted as the Yellow mattel is hovering aroud its 193-36 level and now as US session opens we will be watching gold at Buy side and we will go around 1946 level so hope for good
As seen on the chart, NSE:TATAPOWER has formed a nice U-shaped Cup,
The stock was in an uptrend before forming Cup (up 27% recent bottom)
Took 51weeks to form the complete pattern.
47 weeks for Cup with a correction of ~25%
4 weeks for Handle with a correction of ~6%
Volume dried up during the first part of the cup.
But was good when coming out of the cup and...
Gold was moving in downtrend earlier but now gold has change its direction in daily timeframe and moving upwards now as in confluance daily trendline is being touched on 1940 level and trying to reach its level of 1932 and then rally towards 1946 level of resistance
2nd confluance is fibo level which is showing us that price is hovering around 38.2% level and will...