Hello and warm welcome to this analysis on KOTAK BANK which has been on a strong uptrend since AUG 2021.
It appears to have completed its pullback and has reversed from strong support base of 1925. If that is held then it can continue its uptrend till 2100 for now in the short term.
Short positions below 87.3052 with targets at 86.0257 & 83.8932 in extension.
Comments: Chikou inside the candles. One might wait for the chikou to break the candles. Tenkan kijun cross, kumo cloud twist
As mentioned on my last Gol Analisys we are observing reverse head and shoulders pattern. Gold made a nice deep to close the gap and now third day in a raw growing nicely.
We should be carefull at SSB (Senkou-span B/2) but once it will enter the kumo back we might see pullback all the way to Kijun. There is quite of a movement ahead of us so a lot of opportunities...
Today i am gonna show you why you have to use ichimoku cloud with CME and why you should avoid it with Futures or Spot trading. ( Unless you don't change settings in Ichimoku )
if you keep Ichimoku with his original settings, they are adapted for a closure of the markets every Week-Ends, that's why ichimoku is mostly used in Forex or Stocks.
What about Bitcoin...
The recent drop in the market was a little overdue but that did not make it sting any less. Now the dust has relatively settled from that huge leg down, the question that will inevitably be asked by everyone is "what next?". "Do I have to liquidate my entire stash of digital beans and run for the comfy hills of Fiat as fast as my stubble little legs can carry me...