As long as Price stays below Red TrapZone we are in downtrend. Watch for Market Trapping buyers every time price pops higher. use UMVD to see this.
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 47550 level then possible upside rally of 400-500 points upto 47950 level & this rally can extend another 400 points if market gives breakout 48050 level.Any Major downside only expected in case banknifty starts trading below 47450 level.also possible reversal downside 47950 level.
Both Price action analysis by TrapZone Pro and Volume analysis by UMVD points to GREEN ahead
GBPSGD's weekly price action appears cleaner than most of the other pairs I've been watching. Looking at the key levels, it appears that price is gradually recovering from the selloff initiated in mid-July. The last higher-low bottom out was in mid-October of 2023. The latest higher-low formation and breaks the upper range boundary. It's also a stronger...
Gold, or XAUUSD depending on which ticker you go by is playing around an interesting weekly level. The 2,035 level has been touched four times since 2020. August 2020: first touch and then sold off July 2022: second touch and then had a stronger selloff January 2023: third touch and then followed by a weaker selloff November 2023: fourth touch and no...
CADJPY is one of three Japanese yen pairs that I held through the weekend. the other two pairs are EURJPY and SGDJPY as they share very similar price action patterns. The selloff in December 2023 seemed short-lived to me so I found an opportunity to enter long earlier this month. My best guess for the selloff is the collective premature anticipation of interest...
Looking for the right place for Long Position. What do u think?
End of correction DXY... what do u think about dollar index?
Good eveninig gold gang! its the time again .. time to attack the gold charts and steal those pips. Im expecting the major algo 2069 to hit this week. We are very close and with tensions rising AGAIN with more war news .. we should be able to come up First, we will need liquidity .. so im thinking algo bounce sells in asia to come down to collect some...
ALL TIME HIGH !! The stock price breached 'all the high' mark. The momentum seems to be strong. We can see a potential up move in SAINT GOBAIN . Reasons are stated below : Daily candle closed above all the high. Price broke out after a consolidation phase of 4months. Formed a marabozu candle on weekly timeframe. Price is above 50 and 200EMA. ...
In the world of technical analysis, the double bottom pattern holds a special place for traders. However, the way this pattern is interpreted can vary, especially when comparing the traditional price action approach with the more intricate Smart Money concepts. Traditionally, a double bottom is identified by the formation of two distinct lows, approximately at...
📊Analysis by AhmadArz: Trade in low level of renge. 🔍Entry: 3.747 🛑Stop Loss: 3.644 🎯Take Profit: 3.851 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
SPX at crucial levels, If bulls fail to hold 4700 on Monday and the index starts sliding below 4680, we could easily get to see an intraday fall towards 4625/4600 levels. Whereas on the other if bulls conquer 4700 and starts sustaining above the same we would be looking at 4775/4790 on the index! Simple price action could get you a move of 2% on the index!
The EUR/USD exchange rate rose above 1.0950 and erased its daily losses in the early American session on Friday. Data from the United States revealed that the monthly Core PPI remained unchanged in December for the third consecutive month, exerting pressure on the US Dollar (USD) and assisting the pair in moving higher. The pair held steady above 1.0950 on Friday...
In this chart we're lookin at the strength in both buyers and sellers just like the previous upload. Except this time we zoom in a bit closer to analyze the current wave and where its heading. So far price action looks great as we head into the expansion phase once again. Momentum shows that there are only about 10% sellers out the 100% buyers in the last rally...
The analysis captures price action strength in sellers and buyers highlighted in green and red. By doing so, this allows me to get an idea where price is likely headed and at the same time using parallel trendlines to help the target areas ($1,150/$2,250), and pullbacks.
Awaiting this idea potentially happen, I see an ABC pattern form and begin to connect the dots in hindsight... ill wait to see how this unfolds not an active trade until my confluences confirm
📊Analysis by AhmadArz: This power backtest... 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!