In the latest 4-hour chart, USD/JPY is showing signs of a potential pullback following a surge that saw prices exceed the upper Bollinger Band and touch the R1 weekly pivot level. Notably, this price action correlates with the pair moving back down towards the central Bollinger Band and the untouched weekly pivot, suggesting a range-bound environment. The RSI...
NSE:NMDC - Script sees a breach of Monthly Bearish GPZ alongside Quarterly Bearish GPZ making it a "HOT PIVOT LEVEL" to keep on radar! - Money Zones are marked alongside in 3 different shades as per the analysis from FUNDFLUX . - This "Pivot & Price" action is been seen as iron ore prices have rebounded after 2weeks of down-fall and are further expected to...
AUDCHF's recent trend exhibits bullish behavior with prices achieving higher highs above the R1 monthly pivot, suggesting strength. However, beneath the surface, signs of caution emerge. The Commodity Channel Index (CCI) displays lower highs, creating a bearish divergence against the price's higher highs. This divergence hints at weakening upward momentum,...
In this chart, I uncover price levels across an identified cyclical pattern hidden within Bitcoin. I was initially hesitant to publish this, as I had been pondering the theory for a few days. However, as the price approaches the Phase 2 level, I believe the timing cannot be ignored, and a reaction may be imminent as Bitcoin could be on the verge of breaking out...
The AVAX/USD pair exhibits promising signs of an upward trajectory on the 2-hour chart, marked by key technical indicators. Initially, a regular bullish divergence was spotted, a reliable harbinger of potential reversal. This divergence occurs when the price charts lower lows while the RSI (Relative Strength Index), an oscillator measuring the momentum and...
- It's been decades we have seen that AgriCulture is contributing almost about 18-20% in India's GDP growth yet this sector remains to be more politically inclined to their specific actions during major elections. - GDP contribution by Top 3 sectors: Agriculture: 18.4% Industry: 28.3% Services: 53.3% - NSE:UPL is one of the top 5 global providers of...
Bearish Divergence with CCI (Commodity Channel Index) A bearish divergence occurs when the price is making higher highs (indicating bullish sentiment), but the CCI, which measures the variation of a security's price from its statistical mean, is making lower highs. This discrepancy can signal weakening momentum in the upward price movement, suggesting a potential...
On the 4H chart, we’ve got a classic bearish divergence with gold prices hitting higher highs and the CCI (Commodity Channel Index) not keeping up, hinting at a slowdown. Also, the price danced with the R1 pivot level, dipped, tried to recover, but looks like it might dip again. Switching to the weekly, it’s the same song - prices climbing, but CCI’s enthusiasm...
Looking at AUDJPY, We have a pivotal moment at current price of 97.25 . A push to it-and-through it , will find bulls taking the lead out the gates for continued bullish momentum, However, eager and more experienced traders find themselves awaiting the better prices off the lows of 96.70s in order to target the full reversal push all the way to 98s . The...
There is a potential for a short term SHORT trade on BTC/USDT. If todays bar closes < 34.7k (~3.5 hours till close) there is potential for a short. There are two target zones: Yellow zone, this is the most likely zone it may dump to between 32.5 and 32.8k White zone, between 30.3k and 31.8k, this may happen if the lower level of 32.5k in the Yellow zone fails...
We closed the day with heavy volume and also below the two most important things (50 EMA on daily and Anchored VWAP) If we don't close above these two things tomorrow, then there is lot of downside to come. The problem is this is a very strong seasonal period. so there will be a lot of chop. Tomorrow FED CHAIR POWEL is going to speak so we will have to see how...
Here is my latest structure analysis for TVC:USOIL . Resistance 1: 86 - 86.5 area Support 1: 83.2 - 82.9 Support 2: 81.8 - 81.3 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
USDT Dominance is currently at a level of strong longer term trend SUPPORT (i.e. market resistance level). Red circles represent contact with the current trend support which signals the selling of USDT (i.e. buys in the crypto market), with a current double bottom shown. Green circles represent the current trend resistance hits and USDT sell-offs (crypto...
AUDJPY. Enter a long position at 91.683. Pin Bar occurred at Support Level using Pivot Point Indicator.
BANKNIFTY Pre-analysis:::::::::::: Overall Structure : Sideway Index Components : Neutral Correlation FGI Sentiments : Bullish; Indian 61↑ & Global 62↓ FII /DII Status : Neutral in Cash Market & Derivatives (With Combined OI) Insider Data : Neutral, PCR: 0.87↓, IVP: 0.4↓, Low IV: 14.78↓, VIX: 14.39↓ (23/29)↓ ↑Upper Level : 42600, 42750, 42850, 43000, 43100. ↓Lower...
NIFTY Pre-analysis:::::::::::: Overall Structure : Sideway Index Components : Neutral Correlation FGI Sentiments : Bullish; Indian 61↑ & Global 62↓ FII /DII Status : Neutral in Cash Market & Derivatives (With Combined OI) Insider Data : Neutral, PCR: 0.73↓, IVP: 0.4↓, Low IV: 11.74↓, VIX: 14.39↓ (23/29)↓ ↑Upper Level : 18380, 18450, 18500, 18550, 18600. ↓Lower...
BANKNIFTY Pre-analysis:::::::::::: Overall Structure : Neutral/ Bullish continuation Index Components : Neutral Correlation FGI Sentiments : Bullish ; Indian 60↑ & Global 67↑ FII /DII Status : Positive in Cash Market & Derivatives (With Combined OI) Insider Data : Neutral, PCR: 1.2↑, IVP: 1.19↓, Low IV: 16.7↓, VIX: 15.10↑ (24/30)↑ ↑Upper Level : 42615, 42750,...
NIFTY Pre-analysis:::::::::::: Overall Structure : Neutral/Bullish continuation Index Components : Neutral Correlation FGI Sentiments : Bullish; Indian 60↑ & Global 67↑ FII /DII Status : Positive in Cash Market & Derivatives (With Combined OI) Insider Data : Neutral, PCR: 1.22↓, IVP: 0.79↓, Low IV: 13.26↓, VIX: 15.10↑ (24/30)↑ ↑Upper Level : 18450, 18500, 18550,...