Discover an enticing Selling opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 EURUSD has been overall bearish, trading within the falling wedge pattern in red. At present, EURUSD is undergoing a correction phase and it is currently approaching the upper red trendline acting as a non-horizontal resistance. Moreover, it is retesting a strong...
The stock is consolidating for about 10 weeks, and ready to move out of the consolidation zone, indicated through price action, RSI is supportive. One may enter and hold for a minimum 10% then trail towards 25% target. Entry - 404-410, Target 452, 522.
Update for EURCHF. Similarly to AUDCHF, we spotted earlier a confirmed structure violation. To buy with intraday confirmation, watch a horizontal range on a 4H. Its bullish breakout - 4H candle close above 0.9512 will give you a strong buying signal. A bullish continuation will be expected to 0.9535 level then. ❤️Please, support my work with like, thank you!❤️
Update for AUDCHF. Earlier, we spotted a confirmed daily structure breakout on a daily. The price formed multiple bullish confirmations on a 4h time frame then. First, the price formed a bullish flag and violated its resistance. After that, the price managed to violate a resistance line of a horizontal range. Sentiment is very bullish on the pair. We can...
Nifty will be gap up opening in today's session. After opening nifty sustain above 22060 level and then possible upside rally up to 22180 level in today's session. in case nifty trades below 22010 level then the downside target can go up to the 21890 level.
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 46550 level then possible upside rally of 400-500 points upto 46950 level in todays session .Any Major downside only expected in case banknifty starts trading below 46450 level.
GBP/AUD presents a bullish structure on H4. After the increase in unemployment demand data for Great Britain, the market gained strength by breaking through a supply zone now turned reversal zone, where I now expect a retracement before continuing the uptrend with the target of the supply zone at the level of 1.9440. At that level, two scenarios can be evaluated:...
The GBPNZD situation presents a bearish structure, highlighted by three recent touches on the trendline. However, it currently sits within a demand zone on H4, where yesterday I observed a bounce at the 62% Fibonacci level, supported by an H4 candle. This bounce, in my opinion, is worthy of consideration. Shortly after, the market experienced an uptick, also...
Analyzing the NASDAQ, we see several significant factors. The quote is approaching weekly highs, and the performance over the last five days is positive, with a 0.35% increase, indicating strength in the market. However, the volatility over the last five sessions is higher than the three-month average, signaling a period of uncertainty and fluctuations....
GBPCHF is trading in a bullish trend. The price recently broke and closed above a key horizontal resistance. The broken structure turned into a solid support. We may expect a pullback from the broken structure. I see a bullish breakout of a resistance line of a falling channel on an hourly time frame as a confirmation. Initial target - 1.113 ❤️Please,...
Nifty will be gap up opening in today's session. After opening nifty sustain above 21950 level and then possible upside rally up to 22070 level in today's session. in case nifty trades below 21910 level then the downside target can go up to the 21790 level.
Good evening and i hope you are well. My bearish outlook or at least i gave the higher odds to the bears was wrong and bulls just kept buying everything today. Tomorrow is Opex and all markets are at big resistances again after beginning the week with a selloff. Tomorrow has the potential to be wild. I see it as a trading range at the highs and the recent rally...
The stock is in uptrend in weekly,Monthly,Daily. The stock has given a 1 year old breakout in Nov 2023, then again entered consolidation and broke out in Feb 2024, now has given a retest and ready to continue upside, indicated by price action. One may consider entry at CMP for a target of 190 level.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 DXY has been overall bullish , trading within the rising wedge pattern in red. At present, DXY is approaching the upper red trendline acting as a non-horizontal resistance. Moreover, it is retesting a strong resistance zone marked in green. 🏹 Thus, the highlighted red...
Nifty will be gap up opening in today's session. After opening nifty sustain above 21860 level and then possible upside rally up to 21980 level in today's session. in case nifty trades below 21830 level then the downside target can go up to the 21710 level.
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 46050 level then possible upside rally of 400-500 points upto 46450 level & this rally can extend another 400 points if market gives breakout 46550 level in todays session .Any Major downside only expected in case banknifty starts trading below 45950 level.
Good evening gold gang! hope you are well! .. we caught great trades today being patient and waiting for the best entries Price ranged around the 1993 most of the day trapping traders looking to go long before sinking down and bouncing from the algo and coming back up to the 1993 once again ... frustrating if you were not patient like us!! we grabbed the move...