Bulls have finished last week with a spectacular rally. It was quite clear that they were taking some rest before a run but even I was surprised by their Friday achievements (see ) The outlook for this week is easily defined: BULLS, BULLS, BULLS. The daily chart looks great (daily uptrend, new high), there is absolutely no warning signals on lower timeframe (last...
Good evening and i hope you are well. Today bulls got another very strong day and either retested the highs or made new ones. ECB paused as expected but markets did not care one bit. Just bullish price action since EU open. Tomorrow more macroschmackro data which could lead to big spikes on a choppy week. I can not rule out market will interpret numbers bullish...
Hello Traders welcome back to another Video Analysis of EurUsd. NFP week typically never disappoints with volatility an big volume moves in the market. Today we observed a nice move to the upside that coincided with the Fed Reserve speech during NY session. 0:0 Monthly timeframe/News/Intro 1:40 Weekly timeframe 3:32 Daily timeframe 5:58 4Hr timeframe 6:41 1Hr...
🔍In the weekly timeframe, Atom's price action has remained within consolidation since May 2022, without a breakout for over 660 days. However, recent developments show a significant breakout of the trend line, supported by confirmation signals based on Dow Theory principles in the preceding candlestick. 💎The Fixed Range Volume Profile indicator complements the...
Hi there! 😊 As you can see in the chart, the price of GTC has faced a range after a long-term downtrend and has experienced a slight growth after breaking the downtrend line. Currently, the price is trading in the range of $1.97. The scenario that we can consider in the long term is that the price will increase to the liquidity ranges of $2.70 and $3.50. Then,...
Home First Finance Company (HFFC) , a leading player in the housing finance sector, is flashing signals of a potential swing trade opportunity. Reasons are listed below : The stock has repeatedly tested the 860-880 range, breaking through it recently. It's now revisiting this range, suggesting a potential support-turned-resistance dynamic, a classic setup for...
Wave Analysis - weekly timeframe with a possible ABC correction wave > Target: Fibonacci retracement 61.8 - 78.6% +30% upside > Entry: TFD Falling downtrend channel breakout Key support: WMA20W - target correction zone Indicator: RSI Week - overbought but still no signs of divergence
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 48050 level then possible upside rally of 400-500 points upto 48450 level & this rally can extend another 400 points if market gives breakout 48550 level in todays session.Any Major downside only expected in case banknifty starts trading below 47950 level.
NSE:JSWSTEEL An Introduction to Price Action Trading Strategies helps for long-term investing as well. Here in this example of JSW steel,where would be better off selling in price action strength when stock price jump usually at a higher level The first thing I do is look at the chart and see if it has any apparent patterns. If not, then I will look at the...
Good evening and i hope you are well. After yesterdays bear surprise (no new ath - big surprise), we got an expected inside bar on most daily charts. I expect another leg down this week, followed by more trading range price action (could chop before too though). nasdaq bull case: Bulls want to reverse the sell off from Tuesday and keep this a trading range at...
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
As you can see, the price faced demand after collecting liquidity in the 0.080 range and managed to grow by more than 100% after breaking the long-term downtrend line. Currently, the price has reacted negatively to the important supply zone of 0.20 cents and has faced a minor correction to the 0.16 cents range. In the long-term time frame, the price can be...
GBPAUD broke and closed above a key horizontal resistance yesterday. The price is retesting a broken structure at the moment. To buy the pair with a confirmation, watch a bullish flag pattern on an hourly time frame. Bullish breakout of the resistance of the flag will give you a strong buy signal. A bullish continuation will be anticipated then at least to...
Hi guys Provided that the resistance range of $44.88 is consumed, the possibility of continuing the upward trend in the medium term is strengthened. The price area of $27.9 is a low-risk area for spot buying, provided that the resistance range is consumed. What do you think?
Hi guys In my opinion, the rising guard of the chart is quite evident. The condition of the above scenario for us is to maintain the support range of $0.6. Be sure to note that the reviewed process is long-term. On the 4-hour time frame, we have a head and shoulder pattern at the end of the downward trend. Would you like to check on your chart (; what do you think!?
EURCHF reached a key daily horizontal resistance. The pair looks overbought and as a confirmation of that I spotted a double top formation on an hourly time frame. I shorted the pair on a retest of a broken neckline. Target - 0.958 ❤️Please, support my work with like, thank you!❤️
Nifty will be gap down opening in today's session. After opening nifty start trading below 22340 level and then possible downside rally up to 22220 in today's session. in case nifty trades above 22400 level then the upside target can go up to the 22540 level.
Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 47450 level then possible downside rally of 400-500 points upto 47050 Level in todays session.Any Major upside only expected in case banknifty starts trading above 47550 level upto 47950 level & this rally can extend another 400 points if market gives breakout 48050 level.