AMD Weekly - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Trend Lines, Confluence, Cluster, Parallel Channels, Modify Schiff Pitchfork, Fibonacci Extension - Hope it Helps, Good Luck DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any investment product...
The daily chart of Banknifty is looking nicely poised for a recovery if Mid-channel support line is held effectively. Mid Channel support right now is at 45700. Exactly where Bank Nifty closed today when I am writing this. If the mid channel support is broken we can see a further fall of Bank Nifty to 45469 or 44886 levels. In case the mid channel support works...
I like to consider bullish and bearish scenarios, this outlook would be bearish for at least a couple of months, or even into fall of this year before returning to bullish again. Pre-requisite is losing a daily support area between 36.5-40k This is the 2nd time the 50/200 week SMA has crossed. The first time was a little under a year ago around early to...
SP 500 Daily - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Trend Lines , Parallel Channel, Cluster, Confluence, Pitchfork, Fibonacci Extension - Hope it Helps, Good Luck DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any investment product is provided...
In the dynamic world of cryptocurrencies, significant events often trigger market movements, and the past has shown us that what follows isn't always a predictable upward trajectory. In 2017, the approval of CME futures for Bitcoin (BTC) was met with enthusiasm, but the subsequent market performance took a surprising downturn. Similarly, the Coinbase IPO and the...
Hello Traders, welcome to today's analysis of Nasdaq. -------- Explanation of my video analysis: For more than 10 years the Nasdaq has been trading in a very obvious rising channel formation. Considering that we saw a +50% pump in 2024, the Nasdaq is certainly ready for a (short term) correction back to the lower support trendline which I mentioned in my...
Nifty is facing a channel top resistance and trying to cool down/climb down from the overbought zone. The Major resistance for Nifty going ahead are at 22056 and very strong Channel top resistance near 22124. Supports for Nifty on the lower side as it tries to cool down it's RSI will be at 21973, 21917, 21840 (Mother Line, Good support 50 Hours EMA), 21758 and...
Hello Traders, welcome to today's analysis of Nvidia. -------- Explanation of my video analysis: All the way back in 2014 Nvidia broke out of the long term symmetrical triangle formation and entered a crazy bullrun. With the current channel formation on Nvidia, there is a high chance this stock will push higher even more to retest the upper resistance...
Bitcoin is in a parallel channel in an uptrend on the 4h chart. A breakout targets 50k on the dot. A breakdown targets 38.7k, which is near middle of a support level that sits between 36.5 and 40k.
➡️Bitcoin is currently situated within an ascending channel, forming an ascending triangle pattern. Notably, it has demonstrated a historical uptrend with approximately 20% gains in similar past patterns. Presently, BTC is supported by 20 EMA in 24H, complemented by dynamic support at 42,150 and static support at 41,760. Short-term price targets are anticipated at...
Inventure - A leading provider of investment advisory service and distributes financial products like mutual funds, insurance products, etc. The stock turned Multi-bagged when it multipled from 0.80 / Share to 6.75 / share in a matter of 22 months. Now - after a perfect 0.786 retracement on the Fibonacci scale - it is all set to beat its earlier bull run. Here...
Remember the Great Sudden Multi-Sector Fall of Dec 20, 2023 where Almost all Sectors of NSE/BSE fell together ??? Refer our 8 Part Series - Decoding the Mystery of the Dec 20 Fall for more explanation of why we faced Major Selling Pressure Across Sectors Is there a possibility of something Similar on the New Year Week ??? - Before we say Yes / No - let's first...
Hello Traders, welcome to today's analysis of Dow Jones. I will only take a trade if all the rules of my strategy are satisfied. Let me know in the comment section below if you have any questions. Keep your long term vision.
A quick look at how Bitcoin could drop as low as 25-26k or even 22-23 and remain bullish. Bitcoin first broke above an inverted HS, which ultimately led to a parallel channel breakout on the weekly chart. We haven't yet re-tested the top of that channel. A re-test doesn't always occur, but if it does a re-test at 25-26k is easily still bullish and remains...
COINBASE:BTCUSD chart mapping/analysis for last week of November. TBC further details/write-up via ideas section.
Fantastic Bullish breakout in Nifty but there is Mid-channel resistance can block the run way for a while unless we get a gap up opening tomorrow. The RSI also indicates need that Nifty is little bit into overbought territory. Little bit of consolidation before moving ahead will be good. Supports on the lower side are at 20024, 19960 and 19875. 19875 is a major...
FX_IDC:AUDUSD chart mapping/analysis for last week of November. TBC further details/write-up via ideas section.
TVC:US10Y chart mapping/analysis for last week of November. TBC further details/write-up via ideas section, cheers.