Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Hey Traders,
Strong Fundamental aspects must be considered especially when dealing in FX Markets.
This relates to CB outlooks globally.
Watch for more.
We are looking at wave (3) in the higher time frame. Wave 1 of wave (3) could be finished or we had a relatively short wave (3). This is unclear for now. We reached the limits of the bearish scenario, we need to see downside from the current level.
In the higher time frame, it looks like we started a new upward cycle from the October low. This means the wave ((2)) low is in after an expanded flat. The alternative scenario assumes a wave (2) low of a lower degree. In the lower time frame, the primary scenario suggests that wave 4 as a WXY structure is in.
Ab upward weekly cycle has been broken to the upside. Time elapsed is 4 days. We can extend the duration till 6 days (minimum, 8 days median duration or up to 11 days. In this latter case we expect a new full green weekly candle.
TP1 17,386.14
TP2 17,683.00
1.24.24 The price action of the dxy is making it tough to trade the metals. I explain this with some detail in the video. Even though that is true you'll see that there's more volatility with a silver because it's $5,000 a point and it's pattern behavior can you yell the profitable scalp. This is not true for the gold where you could make some money but it's...
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** CADJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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1.24.24 Had a request to talk about coffee.... and I use this as an example about how Useful it can be to look at the market when it's trading in boxes... and using extensions and ABCD patterns. Fibonacci extensions show you reversal points. ABCD patterns show you reversal points but can also show you targets. Coffee is a good example of this.
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** CHFJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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I host daily Pre-London live forex market analysis sessions to guide and educate you through the daily process of trading. I look at the major currency pairs and Gold. I will also analyze other pairs or instruments based on request from the audience.
My open thoughts on GJ overall expecting price to be bearish. Currently managing two position full break down of previous trade took that resulted in a few losses.
📉 Breaking Down the Action: Witness a detailed analysis of my recent trade, showcasing both the victories and the setbacks.
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Hi everyone
This is an neowave update of gold in which i have talked about from long term to short term scenerio. I am also publishing charts but to understand them you need to watch the video.
Thank You
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