EURJPY leaves clear bullish clues, after a breakout of a solid intraday resistance last week. After the violation of the underlined structure, the price started to consolidate within a horizontal range. Bullish violation of the resistance of the range this morning is an important bullish confirmation. We can expect more growth now. Next resistance - 186.5 ...
Good Evening and I hope you are well. current market cycle: Very weak bear trend - if bulls trade it above 67400, it’s a trading range key levels: 56000 - 65000 comment: My white circle played out exactly as I thought it would and bulls having a bad time trading above the daily 20ema which is bearish. Bulls will probably soon give up trying to keep this...
overall market comment Markets clearly proved me wrong this week and right now the only question is how high this squeeze goes before we reverse. Dax already made a new ATH and it does not look like it’s going to stop anytime soon. For the sp500 & nasdaq markets tried multiple times on Friday to melt up on big volume but some bigger institutions stuffed the...
It seems HSI will prepare for a bullish trend. With technical analysis and checking the wave structure of the chart, the corrections ahead of it will probably be a buying opportunity
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
🔍Today is Monday, and as mentioned yesterday, the market tends to experience reduced volatility on holidays, making it advisable to refrain from opening new positions and take a break instead. Despite the minor fluctuations seen in the market today, none of the triggers were activated for initiating positions due to the limited volatility. ⚡️In today's analysis,...
The shareholding pattern of a company refers to the distribution of its ownership among different categories of investors, including promoters, Foreign Institutional Investors (FII), Domestic Institutional Investors (DII), and the general public. The ideal shareholding pattern can vary depending on the nature of the company, industry dynamics, and regulatory...
Okay, This one was requested by @sanketkumbhar88 : Here is all you need to know about NSE:AFFLE : - Affle has been in a volatile 400-point range since 2021 - Currently, It is forming a Descending Triangle formation taking exact rejections from the resistance trendline - We have a game zone to confuse investors - The 1000 psychological mark doesn't seem to...
🔍Since the previous analysis, the market has exhibited a sideways movement, indicating a period of consolidation. Amidst this, the spotlight falls on Ray Token (RAY), a project garnering attention for its innovative approach within the decentralized exchange (DEX) space, operating on the Solana blockchain. 🔄In the 4-hour timeframe, we find ourselves within a...
GBPCAD formed an inverted cup & handle formation on a daily time frame after a test of a key horizontal daily resistance. To sell the market with a confirmation, I will look for a bearish breakout of its neckline. Daily candle close below 1.7087 will confirm a violation, a bearish continuation will be anticipated at least to 1.7015 support then. ❤️Please,...
🔍As Bitcoin experienced a notable downturn today, catching many traders unaware, it's imperative to reassess market conditions and identify potential trading opportunities. In this analysis, we'll delve into the intricacies of Binance Coin (BNB) and explore various factors shaping its price action. 💎Binance, being one of the most reputable digital currency...
Hi there!✌ As can be seen on the daily timeframe, the price has been on a downtrend from the 0.80 cent range. Following the breakdown of the 0.45 low, the price has experienced positive volatility within the liquidity range. Subsequently, after reacting to the 200 EMA range, it has once again faced correction due to the failure to establish above the 0.50 cent...
NZDCAD may retrace from a key daily horizontal resistance: The price formed a rising wedge pattern on an hourly time frame and violated its support line after the text of the underlined structure. I expect a pullback to 0.8212 ❤️Please, support my work with like, thank you!❤️
Hi there! Taking a look at the 4-hour timeframe, the overall trend has been oscillating within the price range of $1 to $1.30. The price has recently bounced off the $1.20 demand zone and is currently trading in a range of around $1.28. In the short term, there is a possibility of a HIGH above the previous high of $1.30 and growth to the liquidity zone target of...
This Thing is going vertical! Watch for the break. Then, Likely Pullback back down to the Channel top, before heading Higher
The technical analysis of V-Guard Industries suggests a compelling swing buying opportunity. The reasons are listed below : The stock has successfully breached a significant resistance zone at 270-280, showcasing potential for an upward trend continuation. The presence of a robust bullish engulfing candle on the weekly timeframe, coupled with the stock...
Good Evening and I hope you are well. Gold comment: Strong buying today and bulls made a higher low and higher highs. Please have a look at my chart, which contains my next best guess on what could happen. 2375ish has enough targets to be a magnet above but I don’t think we can get there without a pull-back. A retest of 2448 is still very possible. current...
Today's US fundamentals are very bearish for Dollar Index. After a test of a key daily horizontal resistance, the price formed a strong bearish imbalance and violated a support line of a rising wedge pattern on a 4H time frame. I think that the fall may continue. Next support - 104.9 ❤️Please, support my work with like, thank you!❤️