With the DXY (Dollar Index) shooting up, we look to buy USDJPY in correlation to the dollar and the EMA'S combined with the broken resistance now turned support give us more confluence.
Here we have BTC-USD-monthly with logistic (growth) function (phi-rameters are somewhat arbitrary) and with simple Triple Exp Moving Average. Based on this, I am kind of thinking to buy in during the autumn 2023 (somewhere between 12k-16k), and I might be selling during the winter 2025 (somewhere between 44k-62k). Or maybe not. ___ This is NOT a trading...
After a three choppy session Nifty hit a new high in second half that is 22497 level. Nifty has formed a big green body candle with long lower shadow which indicates buyers were buying from lower end and upper shadow. Candle has taken support of 9 days Exponential Moving Average. Nifty find nearest resistance 22520 level and nearest support lies around 22269...
Below is the price movement scenario for ADA. After significant consolidation of the asset in the price range between the support level at $0.2327 and the resistance level at $0.4582, an impulsive breakout of the resistance level at $0.4582 occurred at the end of 2023. This caused a subsequent establishment of a local maximum at $0.6883. Despite the overall...
Index open with positive note and afterwards bulls took over the market and made days high that is 22218. Index has formed green body shaven bottom candle with small upper shadow which indicates participants were buying from lower level. Candle is taking support of 9 Days Exponential Moving Average as seen in chart. Next levels for nifty will be 22381...
Nifty open with gap down. Bulls tried to sustain in the market but failed and bear took over the market and made days low that is 22075 level and formed small body red candle with upper and lower shadows. Candle is trading near 9 Days Exponential Moving Average. Next levels for nifty will be 22381 upsides and 22023 level downsides. ⚠️ Important: Always...
Looking to short AUDUSD as it rejected a trendline and 38.20% FIB Level. We will also be monitoring the DXY(Dollar Index) for correlation and more confluence. A break and retest below 0.65200 psychological level support will give us a proper confirmation to go short. I will be shorting this pair now but with extreme caution and add more orders upon the break and...
Kindly check this Educational video on Moving Average and Exponential Moving Average
There is visible trend reversal and possible double top and restest EMA with good risk reward ratio for shorting, what do you think?
EURUSD 4H chart Inverse H&S producing a breakout Additional confluences: - Bullish market structure, the price is forming the pattern around the support range fro m the previous major high points - Head of the inverse H&S pouncing from the 0.618 Fib - MACD produced a Bullish cross a while back and now it's providing bullish continuation - Price bounced from...
Bitcoin is possibly forming a continuation Bull Flag pattern. Target ~40200 Price is respecting nicely 12H 9EMA as we can see from the chart (same with Total marketcap). If we break the 9EMA support I think we will go test the Daily 9EMA and Flags bottom level where probably some buyers would show up. (Picture below) This price action is quite fascinating and...
Cup & Handle Breakout with good volume. Stock can go as marked on the chart Technicals —Bullish Crossover —Above 20 EMA —Higher High breakout —RSI 71 Fundamental Stock P/E 44.2 ROCE 26.8% ROE 21.0 % Market Cap ₹38,226Cr. educational purpose only!✨ Do your research before making any investment🥂
💐 This indicator is commonly used to confirm market trends and generate buy/sell signals 💐 ❤️ The Smoothed Moving Average (SMA) is a technical analysis tool used by traders to analyze price trends of financial assets. ❤️ 🟢🟢 It is a variant of the Simple Moving Average (SMA) that uses a longer period and applies more weight to recent data points, smoothing out...
🔴 The exponential moving average (EMA) is a weighted moving average that assesses the bullish and bearish trends in a securities over a specified time frame. The EMA can be used to predict the direction of future prices and is used in trading to identify whether a security's price is rising or falling.🔴 🟢 11 EMA - Strong Momentum 🟢 21 EMA - Dynamic Support &...
Price crossed below 50 EMA 23 and 26 EMA negative cross over Breadown the Higher Low TL
Strategy and analysis TVC:GOLD Gold fell to a near 6-month low as on Thursday the US Treasury yields edged higher and the strong dollar delivered a one-of-a-kind punch to the bulls yellow metal. Minutes of the Fed's July meeting showed midweek that most members of the rate-setting committee favored higher rates to curb inflation. The prospect of higher US...
so weekends for many mean relaxing, but for many of us it is, contemplating what went wrong, strategizing our risk management and tweaking our strategies. I Had a thought that instead of trading during news and peak session, why dont we trade after the market has done what it has done and enter when the strength has weakened, this way we might cut unnecessary...
UPL has been consolidating in a range between 850 and 650 on the weekly chart. It has been in triangle type pattern and has broken down on a weekly basis. A close below the upward trendline shows increasing bearish pressure. Bearish momentum should increase below the weekly low of 673. One could expect greater selling pressure if price closes below the support at...