Hi all, DXY is in parabolic trend and cash is king. 9 WEMA holding like a hero so no many reason to be bearish until now. However a bearish divergence can slow the parabolic trend. If DXY slows down we can see the markets pumpin' for short term. The BTC and crypto can also see a bear market pump. What do you think?
The NIFTY 50 is in crucial levels!!! >Lets wait for it break the resistance and then rocket the positions. >But if it turns bearish we better look into the defensive stocks and trade in them irrespective of NIFTY 50 levels. Ex: ITC stock, it is in bullish trend since Mar 2022. >Don't square off your present portfolios instead put a strict S-L, play it safe! ...
hi, though i booked some good profits on last sell, i might change my view on gold to be bullish at short term. for bear scenario, this impulse and correction will act as A & B wave, then we will see one more high for C wave then one last push to the bottom. for bull, this could be wave 1 & 2 and the beginning for bull long journey for new ATH. everything can...
Not much of an additional analysis here, rather more of an update. Take a look at my previous post to get an idea of the EMA rule I use so that this makes a bit more sense. As I mentioned in the last post, we fell through the 21EMA (red one) and failed to get back above it, which generally means we're headed to the 55 EMA (yellow one). Well, that pretty much just...
Hi, I see pullback could be over, and we are gradually going back to Bear tracks. Trade Well, Alex
>Simple Triangle Pattern break-out! >High-Tension Lines are also combined inside! >Good Break of both the 20&50 day EMA's Let's Watch!!!
*It is a consolidated Support and Resistance as you all can see! *Also marked the previous move of the Trend by forming the almost Identical Flag-Pattern. *Broke both the 20 & 50 EMA's with a good bullish momentum, that made our stop-loss clear! *i.e., the ideal S-L would be around the previous week Green Candle. *Let the trend take a little retrace, then take the...
hi, I see gold will do one more low before significant rebound to complete wave 4 then final push south for wave 5.
Structure: - H4 downstrend - D divergence playing effect and break of prev daily low - W stochs crossed down showing support to overall bias 1. Div - m30 /m5/ m3 (3) 2. stoch cross downs - M45, H1, H2 (3) 3. MA bounces - H3/H4 (2) Enter with pending stops below prev higher low (HL) to be safe and go for a simple 1:3 or 1:4. Note to self: >= 5 confluences to have...
Structure: - H4 uptrend - D candles broke all previous highs and showing momentum - W stochs crossed up to show support to buy set ups along the way 1. Div - m3/m5 (2) 2. stoch cross ups - M45, H1, H2 (3) 3. MA bounces - M15, M30, H2 (3) Enter with pending stops above prev lower high (LH) to be safe and go for a simple 1:3 or 1:4. Note to self: >= 5...