No resistance in the near term two weeks leading into the Fed Meeting, we should continue to rise into the Gann Fan resistance line as shown. But we are nearing a resistance of a Fibonacci Circle which should provide resistance to drop. Along with the potentially 0% chance of a September rate hike, this could the next drop.
Current trend and following the Gann Fan, the stock is continuing a longer trend lower. Options data are showing a massive $85 magnet for this week and eventually it shifts to $80 in October. There is room for a rally end of September, but not long term.
The AMEX:KRE has performed remarkably well since the lows in May. But mounting issues with rates and the Fed not showing signs of dropping rates will continue to prove the index needs to go lower. Options data suggests strong Put pressure into the end of the month at $42 where lower strike prices open by Oct expiration at $40 with strong open interest. If rates...
About to reach the first area of bullish interest. It would be good for you to lower that little bit that you have left in a couple of hours so you can go shopping for the rest of the week. Good luck to everyone.
Nifty Bank breaks bellow the green support line. Reclaiming the line can give powerful uptrend. I will update on this. #Gann
nasdaq bearish scenario im expecting a weak nasdaq100 today , the bias is bearish lets see what happens not a trading advice
Fundamentally strong textile stock is looking really good to give a good rally above Gann level @ 47.31 Promoters and DIIS have increased their stake in the last quarter. Follow the levels marked for SL and targets
BTC has seen a nice pull back and if we are moving up farther the current price or the trend line below may be a point of reversal. Current trading plan is to take a long position from the current level targeting 28950 area. Troll Well....
Bitcoin daily line chart is showing price has fully retraced back to its previous resistance. Currently smaller time frames are showing promising price action for a continuation with another leg up. To remain macro bullish another leg up would provide plenty of room for a significant retrace without braking are current lows in the 25k area. If price can not...
Based on analysis, there is a possibility of a bullish pullback on USDCAD with a potential price movement towards the resistance level at 1.4000 in the near future.
Oberoirlty Running In Upward Channel With A Good Momentum And Looks Like Continue So On With The Levels Of 1250 And Above In Short Term. Hold Tightly
NSE:NIFTY WZL for 04-Oct-2023 Wizard Levels/Zones >Hey buddy, Wait for the price to close above or below-mentioned zones. Once the price closes above or below, SUPPORT becomes RESISTANCE and RESISTANCE becomes SUPPORT. > If you're following these zones then kindly follow the rules too. Risk management, and Position sizing. > This is my perception of the...
NSE:BANKNIFTY WZL for 04-Oct-2023 Wizard Levels/Zones >Hey buddy, Wait for the price to close above or below-mentioned zones. Once the price closes above or below, SUPPORT becomes RESISTANCE and RESISTANCE becomes SUPPORT. > If you're following these zones then kindly follow the rules too. Risk management, and Position sizing. > This is my perception of the...
eurusd short trade opportunity not a trading advice have fun
Waiting for price to Pullback and Retest the Daily LOW. With strong Wick Rejections and Bearish confirmation, i'll go short. Otherwise price will Break Higher to the Broken SUPPORT (1828.8, inside the block ), and we wait for SELL Confirmations(Double Top)
Banknifty Selling side correction as per gann theory i mentioned market will touch the target 2 by tomorrow 10am range on 12th sep 2023
So the market has pushed up and CFX has formed a clear ascending channel. IF it holds another long position from the bottom of this channel may be in order. Current Trading Plan is to look for an ABC correction on the current swing and hopefully bullishly bounce off the bottom of this channel. This would provided a clear stop loss invalidation area just below...