Nifty and Bank Nifty analysis for tomorrow, Wednesday. 3rd AprilNifty and Bank Nifty analysis and trade plan for tomorrow, Wednesday. 3rd April
Hello, my name is Rahul Bora, I am an intraday trader from Assam, every day I try to share my trade plan for next day, for Nifty and Bank Nifty based on Fibonacci levels and price action only. Whatever I share in these videos, are purely my personal opinion, and not a trade advice in any sense. Viewers are advised to take their trades based on self analysis and own risk taking capacity only.
Fibonacci
Nifty and Bank Nifty analysis for 1st April, MondayNifty and Bank Nifty analysis and trade plan for tomorrow, Monday. 1st April | #nifty #nse
Hello, my name is Rahul Bora, I am an intraday trader from Assam, every day I try to share my trade plan for next day, for Nifty and Bank Nifty based on Fibonacci levels and price action only. Whatever I share in these videos, are purely my personal opinion, and not a trade advice in any sense. Viewers are advised to take their trades based on self analysis and own risk taking capacity only.
EURGBP SELL FX:EURGBP
EURGBP consolidated between the 0.85300 and 0.85585 price levels before breaking above to create a higher high. At the high on the 30-minute time frame price created a double top that has yet to be retested. After the formation of this pattern price fell. The 61.8 Fib level aligns perfectly with the breakout of that consolidation area. If the 61.8 level is retested and the price holds at that level, we could see a retest of the highs or a higher high.
Alternative Scenario:
If the double top is retested before the 61.8 there is a chance that the bears will take control as far as momentum with the asset.
$XAUUSD - Today’s Setup - 27/03🌟 Good morning, fellow traders! 🌞
I've got something exciting for you today! 🔥
Check out my latest video where I dive into what I believe gold will be up to in the short term. 📈 Yesterday, I did a quick review of my trade, breaking down the motives behind my entry and why I took the trade in the first place.
Don't forget to give it a watch, and if you find the information helpful, be sure to follow and boost the video! 📹 Your support means the world to me and helps me keep creating content like this for you all.
Let's navigate these markets together! Happy trading! 💼💰 #GoldTrading #MarketInsights #HappyTrading
b]Trade smarter, not harder! 💼📈
Don't miss out on potential gains - Hit that BOOST button if you like the idea 👍 Share these 👉 and make sure to Follow me for your daily dose of gold trading analysis! 💯
Remember, always conduct your own analysis before jumping in. No financial advice here.
USOIL SELL TVC:USOIL
The bulls showed dominance with the uptrend for this assets. Price action used the uptrend line as support, Followed by an impulsive move to the upside., starting at the 61.8 on the FIb. After reaching the 87.200 area price rejected at a 4-hour zone and created a double top upon the retest of the highs. If the price fails to break above this level, we could see a continuation of the downtrend.
Alternative Scenario:
If bullish momentum remains strong and price manages to break above the highs, we can wait on the retest to see if the uptrend is valid.
$XAUUSD - Today’s Setup - 26/03Good morning, awesome traders! ☀️
Just dropped a quick video covering the current state of $XAUUSD! 📈💰
If you find it helpful and want to see more of this type of video analysis, give it a boost and hit that follow button! 🚀 I'm pumped to keep sharing insights with you all.
Remember, always do your own analysis before diving into any trades. This isn't financial advice, just friendly guidance from one trader to another. 🤝💼
Thanks a bunch for tuning in! Let's crush it together! 💪🔥
b]Trade smarter, not harder! 💼📈
Don't miss out on potential gains - Hit that BOOST button if you like the idea 👍 Share these 👉 and make sure to Follow me for your daily dose of gold trading analysis! 💯
Remember, always conduct your own analysis before jumping in. No financial advice here.
CADCHF , confirmation of a sell signalConfirmation from the previous idea of this pair we expecting price to reverse and possibly leaving a sell signal. Price today retested the daily high at 0.66481 confirming a clear double top signal. Our exit point is 90 pips away 0.65554. All possible sources of confluence suggest we could sell this pair for the short-term.
$XAUUSD - Today’s Setup (2) - 21/03Hey there, fellow gold enthusiasts! 🌟
I'm thrilled to present my very first video analysis on gold! 🎥✨ In this video, I'll be diving into what I expected to see in the gold market and what I anticipate happening into next week. 📈💰
I poured my heart and soul into this analysis, so I hope you appreciate the effort! If you do, I'd be over the moon if you hit that follow button. 🌙👍
Expect more of these videos coming your way soon! I find it super fulfilling to break down and explain all the intricate details of what's happening in the gold world. 🤓💼
Thank you so much for tuning in, and let's keep our eyes on the gold prize! 🏆✨
Trade smarter, not harder! 💼📈
Don't miss out on potential gains - Hit that BOOST button if you like the idea 👍 Share these 👉 and make sure to Follow me for your daily dose of gold trading analysis! 💯
Remember, always conduct your own analysis before jumping in. No financial advice here, just proven strategies for success! 🎯
BITCOIN CORE - ATH?My philosophy is simple...
Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.
This includes;
- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!
The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.
Credits;
- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN
YM - Volatile Week My philosophy is simple...
Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.
This includes;
- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!
The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.
Credits;
- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN
ES - I Am Neutral For The Time BeingMy philosophy is simple...
Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.
This includes;
- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!
The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.
Credits;
- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN
Bitcoin retracing from Extended TP4My thoughts on Bitcoin for now are that it entered a weekly consolidation before moving higher.
Ichimoku Tenkan Sen 3D (double settings) should become support, however a wave of FUD can push it all the way down to our Local GP.
Watch the video and if you like it follow me on YT, I should start posting an update every Wednesday.
Cheers!
DXY - Expect Fireworks This Week!With interest rates on everyone's minds this week, I am expecting high volatility every day starting from Tuesday going into the end of the week.
Thursday is the big day with 17 red folders and 4 gold folders (high & medium impact news) so expect hailstones from either side.
Many will make millions
Many will be liquidated
Contrary of the fact that Mondays price action is bearish, I am expecting a further incline in price action for dollar index; 104 being the point of interest
My philosophy is simple...
Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.
This includes;
- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!
The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.
Credits;
- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN
ZB1! - Eat or Be EatenWith 7 daily bearish candles, how many people are currently betting a retracement will occur? That's the question I ask myself when I study recent and current price action.
118 is unfinished business for short sellers with 117 also in the cards if 118 does not show signs of respect.
This goes in line with my bullish bias for US10Y.
My philosophy is simple...
Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.
This includes;
- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!
The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.
Credits;
- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN
ZB1! - Deprived Bonds There is usually a very tight correlation between the bonds market and the yields but what we have seen
especially on Friday is price action moving in tandem to each other.
Yields closed bearish whilst Bonds had a shift in market structure whilst closing bearish on the Friday which indicates something will give soon!
121.02 was my expectation for this weeks price action which was met but we have yet to retest 121.02 after running right through it.
120 would be a deep retracement but I would not rule that out of the cards for next week.
My philosophy is simple...
Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.
This includes;
- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!
The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.
Credits;
- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN
How I do BTCUSD Projection to 80K by 13 MarchThis is how I do a simple geometric Fibonacci projection...
1. Set up the Fibonacci projection
2. Draw an arrow from 0 to 1, clone it
3. Shift the cloned arrow to the bottom of the retracement
4. Mark out the level, usually at 1.618, and time frame is around that spot.
USDCHF Crosses the Trendline break down for ShortUSDCHF Crosses the Trendline and creates a new bottom at the 38% Fibonacci line
So now the uptrend has been broken.
We can consider entering an order
#1 Sell: 0.87816 fibo zone 23.6%
Stop loss: 0.88676
Take profit: 0.85769 at fibo 61.8%
#2 Sell: 0.88186
Stop loss: 0.88186
Take profit: 0.85781 at fibo 61.8%
#3 Sell: 0.88349
SL: 0.88688
TP: 0.85775
#4 Close 1/2 Order when price to Fibo 38.2% and move SL to Entry price
# Good look to you
USDCAD Dropdown and Break Trenline USDCAD Crosses the Trendline and creates a new bottom at the 38% Fibonacci line
So now the uptrend has been broken.
We can consider entering an order
#1 Sell: 1.34958 fibo zone 23.6%
Stop loss: 1.35520
Take profit: 1.33889 at fibo 50%
#2 Sale: 1.35211
Stop loss: 1.35521
Take profit: 1.33429 at fibo 61.8%
#3 Follow the price movement closely. You can close half of the order when the price touches the 38.2% fibo line: 1.34370 and move the SL to the entry point to preserve profits.
#4 You should only enter a maximum of 1-2% equity.
#5 Good luck to you.