Nifty 50 is currently trading within a Channel. This analysis suggests a short-term or swing trade approach. As the market is currently trending downward, consider using Trend Continuation technic and Fibonacci Retracement for your trading strategy.
In case of breaking below the floor and stabilization we enter a sell trade and in case of breaking above the ceiling and stabilization we enter a buy trade Two prices on the chart are suitable for holding. ---------- Please confirm the entry approval with your own perspective
Here is my latest structure analysis and important key levels: vertical and horizontal supports and resistances for next week. Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Last week, on Friday, I perfectly predicted a pullback from a key level on USDCAD. Analysing a price action today, it feels like we gonna see one more. After a false breakout of the underlined support, the price bounced and formed a bullish imbalance. It is an important sign of strength of the buyers. I expect a pullback at least to 1.3669 ❤️Please,...
GBPCAD is trading in a long-term bearish trend. After the last bearish wave, we see a correctional movement on a daily. The price reached a key horizontal resistance cluster. After the test of the underlined blue area, the pair started to consolidate on a 4H time frame and then it broke a support line of a rising wedge pattern. It may indicate that the market...
EURAUD tested a solid rising trend line on a daily time frame this morning. After its test, the price formed an ascending triangle formation and successfully violated its neckline. I think that the pair may start growing now. Initial target - 1.6483 ❤️Please, support my work with like, thank you!❤️
AUDUSD reached a key horizontal resistance. After an attempt to violate that, the price dropped and broke a support line of a rising wedge pattern, showing a sign of strength of the sellers. I think that the violation was a trap. The pair may drop now at least to 0.6433 ❤️Please, support my work with like, thank you!❤️
GBPCAD broke and closed below a key daily structure support on Friday. The broken structure turned into a resistance. Today, we see its retest. The price formed a tiny horizontal range on that on an hourly time frame. Its support violation is a strong intraday confirmation. I already shorted the pair. Goal - 1.6966 ❤️Please, support my work with like, thank you!❤️
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This morning I shorted EURGBP. I spotted a test of a solid falling trend line on a daily, my confirmation to sell was a double top formation on an hourly time frame. Goals: 0.8558 / 0.8553 ❤️Please, support my work with like, thank you!❤️
EURUSD broke and closed below a solid daily horizontal support with a high momentum bearish candle. This violation opens a potential for a bearish continuation lower. Next support will be 1.054 ❤️Please, support my work with like, thank you!❤️
As i mentioned in my previous idea i shared with u a free trade on EUR/NZD With FULL details i will add the idea for u in the comments and in the related ideas. If u followed my analysis and entered a sell trade on EURNZD CONGRATULATIONS ur trade should be in 120 pips profit. Make sure to book some profits and keep following my ideas here on trading view to catch...
Please see chart for details. These are the trades we generally share to the group privately.
USDCHF formed a cup & handle formation after a test of a key horizontal support. At night, the neckline of the pattern was broken. It indicates the strength of the buyers and a highly probable bullish continuation. Goals: 0.9057 / 0.907 ❤️Please, support my work with like, thank you!❤️
Gold Technical Analysis: 4-hour Timeframe: The first range for a reversal and market turnaround in the 4-hour timeframe is almost the upper limit of the uptrend channel: 2244 - 2252 With targets: 2225 - 2212 - 2180 The above scenario is based on positive gap or market start with a positive trend and reaching numbers until tomorrow's close. Sell signals and...
NSE:INDIGO shared few days ago with key levels and it zooomed 16%. Book/Trail to save the profits !!
Please see chart box for trade details. If you do not know how to read this chart feel free to message me and I will be happy to explain.
Please view the chart for details. If you are unfamiliar with anything on the chart feel free to contact me and ask questions. We are here to teach #newtraders and save time for #experiencedTraders. Here is a link to #Floki on #CoinMarketCap to do more research on #fundamentals and find news that may validate a pullback soon. Check out some of our private...