Hello,
A warm welcome on this idea on GRASIM
It has formed a Bearish Alt Shark in daily time frame suggesting downside likely till 1550 as long as it does not breach 1630
The Aussie suffered the most on Tuesday after the Reserve Bank of Australia announced its decision to maintain its tapering plans, reducing its bond-buying purchases from A$5 billion to A$4 billion per week. Reaction after this decision is evident on the market as the price rejected $0.748000 to drop 1.81% during the course of last week trading session. In this...
Hello and welcome to this strategy in ACC a large cap Cement sector stock.
It has made a Bearish Harmonic Alt Shark in hourly time frame suggesting downside levels of 2375/2300 as long as it stays below 2495.
Harmonic patterns are based on Fibonacci ratios coming into alignment. They indicate reversal of trend for retracements of 38-50-62% and more depending on...
Price did not move as expected from our last speculation on this pair (see link below for reference purposes) as Y109.200 became a very strong Demand level for the Yen.
Tendency: Downtrend (Bearish)
Structure: Breakout | Supply & Demand | Trendline | Harmonic pattern (AB = CD)
Observation: i. In the last 10 days and since the price broke down...
With over 150pips move in our direction since my last publication on this pair (see link below for reference purposes); the price appears to be back at our previous Key level @ Fr0.91950 (see link below for reference purposes) with multiple rejections emphasizing selling opportunity for me.
It is obvious that the Greenback rose during the last three days before...
It has activated a Bearish Harmonic 5-0 pattern which is suggesting a retest of 1440/1400 and a likely bottom near 1350.
The view would go wrong if it trades above 1485
$CTIB BULLISH CYPHER PATTERN
Wyckoff Re-accumulation after decline, Strong Volume building
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CNXREALTY is showing strong upside signals. The top weightage ones, namely DLF & GODREJPROP in particular look bullish for 300 (minor resistance) & 325 and 1515 (minor resistance) and 1700. Immediate support at 280 and 1400 respectively.
Just like the situation on our GBPUSD, we experienced a 300pips move in our direction since my last publication on this pair (see link below for reference purposes) and with the present market structure, it appears we are at another juncture that "screams" for a selling opportunity.
Even as a momentary price increase is envisaged on this pair considering the...
Considering the long term Bullish perspective ( see weekly chart), I see a correction phase of the Bullish Impulse leg (began on the 21st of April, 2021) happening since the price broke below Y90.000 on the 17th of June 2021.
Tendency: Uptrend (Bullish)
Structure: Breakout | Supply & Demand | Correction phase
Observation: i. The successful Breakout...
We experienced a 125pips move since my publication on this pair last week (see link below for reference purposes) and it appears that the correction of the Impulse leg is done as I anticipate another rally in the coming week.
Even has the Greenback fell during the trading session on Friday, but the structure evolving at the Demand zone reveals signs of life again...
This is something what I watching atm for ETHUSDT.
Will post screenshots for possible long here (even from this level) but prefer to come to better buy zone with solid SL and very good R:R.
Anyway if I see run from ETHUSDT to that level where is strong confluence, golden pocket high to low, possible 1 to 1 extension and Crab harmonic pattern (appears often in...
With over 500pips run since my last publication on this pair ( see link below for reference purposes); the Bullish momentum appears to be very strong considering the significant Breakout of the Supply zone on the 29th of May 2021. The Greenback continued to push higher as the price hangs just above the Y109.000 level. In this regard, I shall be looking forward to...
After doing a consolidation near the 1st target of a Bullish Harmonic Dragon, it now appears to have resumed its rally for the 2nd target near 1000. The view would be negated below 940
Dragon Patterns are HARMONIC target probabilities of Double Bottoms and Double Tops. They are among the few rare Harmonic patterns which are continuation patterns rather than the...
