🔍Today's analysis focuses on Ethereum in the 4-hour timeframe, specifically for futures trading. Taking an overview, we find Ethereum trapped within a range between 3235 and 3645, experiencing a false breakout from the upper boundary yesterday before reverting back into the range. 📊The volume of red candles has been increasing since yesterday, indicating current...
A potential bull trap scenario with one more wave downtrend. 1. First correction - Extended flat ABC Wave B retraced 78.6% / w.a and w.C: extended 161.8% of w.A 2. Complex triangle ABCDE pattern 3. The current downtrend wave doubled zigzag ABC pattern with wave 4 in c leg targeting 38.2-50 % retracement at ma50w, creating a false breakout signal before final wave...
In this live trading session video,we look at open positions on BRENT and GBPUSD and potential trades coming on Bitcoin,Etherum,US30, etc and the thinking behind them.
Update for Gold intraday price action: I see a bullish triangle again - after some accumulation, the price violated its neckline and set a new higher high higher close. Bullish violation is one more important sign of strength of the buyers and may push the prices higher. ❤️Please, support my work with like, thank you!❤️
HCL TECHNOLOGIES LTD Key highlights: 💡⚡ ✅On 1 Hour Time Frame Stock Showing Breakout of Symmetrical Triangle Pattern. ✅Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 1610+. ✅Can Go Long in this Stock by placing a stop loss below 1530-.
Nifty will be gap up opening in today's session. After opening nifty sustain above 22680 level and then possible upside rally up to 22800 level in today's session. in case nifty trades below 22640 level then the downside target can go up to the 22520 level.
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 48550 level then possible upside rally of 400-500 points upto 48950 level & this rally can extend another 400 points if market gives breakout 49050 level in todays session.Any Major downside only expected in case banknifty starts trading below 48450 level to 48050 level.
I believe it's possible to observe a Pullback prior to CPI data on Wednesday for Gold. CPI is anticipated to increase once again which is not great for the Fed's inflation goals. This could cause more buying pressure on gold. In the meantime, we've seen a nice Higher High of 1hr market structure to begin the week. This seems like a solid liquidity move preceding a...
🔍Today, let's analyze UniSwap (UNI) focusing on the daily timeframe for spot trading, aiming to identify optimal entry points for buying. 📈After a sharp upward movement towards resistance at $15.402, UNI initiated a correction, extending to the 0.5 Fibonacci level, where price reacted twice. ✨A closer examination reveals a descending triangle formation...
Bitcoin has been on the rise, and I would like to share my Master Fib. This angled fibonacci structure encompasses the entirety of Bitcoin's history and can be used to help discover price action patterns, facilitating future trade decisions. The chart can be useful on both logarithmic and linear price scales. This idea highlights the fib structure on the log...
Uno Minda , a leading automotive components manufacturer, stands out as a compelling candidate for investors. Reasons are listed below : Multiple tests on the 600-630 levels followed by a breakout, now undergoing retesting, indicating a significant market shift. Identification of a bullish "morning star" on the daily timeframe and a bullish "hammer" on the...
Update for GBPJPY. Earlier, I shared a very bullish forecast for the pair on a daily. Analyzing the intraday price action today, I see strong confirmations of my predictions. On a 4H, the price broke and closed above a resistance line of a falling channel, retesting the broken trend line, the price formed a double bottom and violated its neckline. We can...
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 48550 level then possible upside rally of 400-500 points upto 48950 level & this rally can extend another 400 points if market gives breakout 49050 level in todays session.Any Major downside only expected in case banknifty starts trading below 48450 level to 48050 level.
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, our focus is on ApeCoin (APE) with analysis conducted on the 4-hour timeframe. A notable aspect in this timeframe is the favorable reactions to Fibonacci levels, where APE exhibits a response to the 0.618 level, forming a V-pattern after a fakeout. This pattern suggests a potential reversal, indicating a resurgence of buyers in the market. 💥The RSI...
🔍Today, let's focus on Cosmos (ATOM) on the 4-hour timeframe, where it has reached support at $10.714. Concurrently, it's consolidating around this support level while the RSI indicator shows positive divergence, indicating potential bullish momentum. Moreover, the decreasing volume in red candles suggests bullish volume divergence. 📈For long positions, the...
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...
Rallis India , a leading player in the agrochemical sector renowned for its innovative solutions and commitment to sustainable agriculture, showcases promising potential for swing trading amidst favorable technical indicators. Reasons are listed below : After multiple tests in the 270-290 zone, Rallis India has finally breached the resistance, signaling a...