Levels for bank nifty Based on price action Note - I'm not responsible for any profit or loss I'm just sharing my views Before any investment consult your financial advisor
Price has successfully broken the 131.00 zone. We remain patient until price drops to 111.00. So far so good. We are in deep profits.
wave analysis Accumulation demand zone price action
This week, we're looking for more opportunities to short the EURUSD. A good entry moment would be if price reaches the levels around 1,0145-1,0213. Another way would be to see a breakout of the trendline and the previous low at 1,0030. In both scenarios we will be looking for targets at or below the lows around 0,9880! We do not consider any long positions!
Playing off the momentum train here with BTCUSD. Saw some consolidation around $21450 and short term support, decided to go long here also reaffirming from the daily chart and looks like nice space in between major levels. Arrows represent the present levels of rejection BUT something to note and the main reason I took a BUY for this on the hourly, all of those...
If ETHUSD can clear this resistance zone, it will be smooth sailing potentially to the 2K area. Took this trade earlier in the afternoon and capitalized on the short term on the uptrend here. I saw an opportunity to catch this and expected a bounce off the 13 EMA as its uptrend trail has done this multiple times. on the hourly and didn't see any signs of slowing...
LINKUSD has broken the down trend on the DAILY and looks to repeat similar patterns in June and August, with a major difference being that it has also cleared the 50EMA as well as the beginning of a 13/48 EMA cross happening. I think a good ride to the next resistance area will take and a possibility of break through. I placed a LONG BUY for LINKUSD and placed the...
Gold Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are still overall bearish and we can see price action attempted to break the range but failed to form above the zone at 1720.00 The most likely scenario is gold continuing the range it's in. If this happens look to target toward the bottom of the range. Trade...
EURJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: EJ is unshakeably bullish and is currently resting right near our 144.000 zone. Going into this week we’re hoping for a reversal from 144.000 to form structure near 142.000. If this happens look for a higher low with strong bullish setups to enter long on....
USDJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: UJ is overall bullish and is still far away from being considered bearish. The most likely move is a continuation at confluence near our 38.2% fib level & 140.000 zone. Look to target higher toward 0% & our -27%. Trade scenario 2: For us to start looking at UJ...
AUDJPY Bullish idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: We are still majorly bullish on AJ and we are currently consolidating at a high. The most ideal scenario for us would be to look for entries on structure points only (38.2 & 61.8). The safest move would be a clear reversal near 96.000 with strong bullish...
AUDUSD Bullish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bullish Trade scenario 1: Overall AU has been bearish on major timeframes but we recently saw the 4hour timeframe turn very bullish. Currently price action is resting near 0.68500 resistance and we’re waiting for reactions. Ideally, if price action is to continue bullish we need to see...
DXY Neutral Idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bearish Trade scenario 1: We are looking newly bearish on the 4hour timeframe while we have been mainly bullish on the higher timeframes. The most likely scenario based on recent price action is that DXY will continue to fall. Look for structure below 108.600 to confirm. Trade scenario...
How to know the uptrend changed - where do the sellers take control? How do you read the chart and see the sellers push buyers into the trap. Nice example of where the buyers that looked for continuation of the uptrend missed the story the chart was telling. Good less that trendlines are only PART of the picture. So where are we going from here? I see some...
This pair swept the monthly low and engaged the interest of buyers with the strong bullish candle close. If you look at the daily time frame you will notice we also had a shift in market structure to once again lure in buyers. Buyers now have two strong confirmations that price could reverse BUT they will take no notice of the vast liquidity that is building up...
The price is at the ceiling of the downward trend line and we expect to see pressure from sellers in this range Also, we predict the potential of a sharp fall to the bottom of the descending channel because all purchase orders of the $200 support area have been received and this support is no longer valid for us. Therefore, the important support for the advance...
wave analysis price action demand zone impulse wave range
Based on technical factors there is a Short position in : 📊 BNBUSDT 🔴 Short Now 259.10 🧯 Stop loss 312.0 🏹 Target 1 259.0 🏹 Target 2 244.0 🏹 Target 3 222.0 💸Capital : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝