AUDNZD is retesting a recently broken horizontal resitance. The price formed a double bottom pattern on that on an hourly time frame. Its neckline has just been broken. I believe that it is a good moment to buy the pair now. Goal - 1.0914 ❤️Please, support my work with like, thank you!❤️
HI Traders, USD/JPY's bullish rally seems to be running out of steams and bullish momentum is beginning to the weakened down showing some downside preparation. 📌 Currently, the price is forming up a bullish wedge pattern in the 8H chart of usd/JPY. 📌 The price is showing a very prolonged Divergence taking note of the RSI indicator revealing LL and LH when the...
NSE:BANKBARODA is making HH and HLs in the Daily chart and is reacting from a Fresh Trap Zone. The expectation is price will make another HH from here as that is the habit of the price. So, we can think of taking a long trade with a small risk to get the 3.65: 1 Reward to Risk. That is a 10.70% Return on Investment in quick succession.
On Friday we saw the expected correction and pullback. This week is coming the most important news for the market at the moment. US Interest rate is coming on Wednesday. After the news we expect good opportunities and longer-term trades. We're looking at the exhaustion of the downside move, as the first support is 1.0609. Current levels are not suitable for...
Not too long ago I had published an idea about the $FX:CADCHF. Go check it out! However, I never took my eyes off of it, and due to that it made me dig deeper from a higher perspective... I came to the conclusion that this particular pair recently experienced something that's more than likely going to shift it's momentum for some time. My reasoning.. Daily: 1....
On USD/CAD, we have a bearish setup with the price at the 1.3520 level. This week involves a lot of data regarding the US and Canadian dollars. The goal will be to look for a long position, as the price is currently in a bearish channel after breaking some swing lows. I will look for a long position on the 15-minute chart during tomorrow's New York session. My...
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
I don't want to spend much time explaining and just move straight to the point. I am using Demand and Supply with Elliott wave for this analysis Look at my previous analysis here From my previous analysis Price completed 5 wave movement which ended @ 1901 as opposed to my projection at 1904, and it has shown a clear rejection at the demand zone highlighted on...
On EUR/USD, we have a bearish setup in anticipation of the FED meeting this week, specifically regarding the interest rate decision. The market has broken seven swing lows from the 1.07 - 1.0670 level, demonstrating its explosive strength. However, I continue to emphasize this simple concept: a break of a swing low signifies a show of strength, but at the same...
On USD/JPY, we have a bullish setup, with the price breaking a previous swing high at the 147.87 level. This breakout confirmed my bearish view. I will be looking for a bearish opportunity on Monday at the New York market open and London close. I'll be seeking a change in structure to the downside on the M15 chart with an entry at a strong level or inefficiency...
Gold's recent performance faced an unexpected twist, challenging the notion that a Fed rate pause could be its ticket to a breakout. Instead, the precious metal found itself in the shadow of its formidable rival, the US dollar. The preceding week had seen gold bask in the glory of the US non-farm payrolls report for August. Despite an employment gain of 187,000...
Welcome, traders, to another exciting episode of my weekly price action-based technical analysis series, dedicated to unraveling the intricacies of the GBPUSD market. The Bank of England (BoE) gears up for its 15th consecutive interest rate hike on September 21st. Join us as we dissect the implications of this development on price action! August witnessed a...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. USDCHF has been overall bullish trading inside the rising channel in red, however it is currently approaching around the upper trendline. Moreover, the zone 0.9 is a strong supply. 🏹 So the highlighted red circle is a strong area to look for sell setups as it is the...
TATA CONSULTANCY SERVICES LTD Key highlights: 💡⚡ ✅On 1Week Time Frame Stock Showing Breakout of Ascending triangle Pattern. ✅Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 4145+. ✅Can Go Long in this stock by placing a stop loss below 3350-.
On GBP/USD, we have identified a bearish setup following the Eurozone data and the data on the dollar. During this morning, the market began to change its structure on a 15-minute timeframe, creating an important entry zone at the level of 1.2412. This trade will be confirmed today during the London ink hour, that is after the release of US data, which could...
After a strong bearish movement, EURCAD looks quite exhausted. The pair reached a key daily support and formed a double bottom on that on an hourly time frame. Probabilities are high that we will see a pullback today. Goals: 1.4435 / 1.4465 ❤️Please, support my work with like, thank you!❤️
Hi Traders! There is bullish momentum forming on the AUDCAD 1D chart as the pair looks to possibly retest the resistance area. Price Action 📊 There are higher highs and higher lows above the trendline support, and a bullish momentum candle is forming to break above the 20 EMA. Looking for a momentum break and a close above the 20 EMA for possible long...
I am not a fundamental trader but I do love when a major economic news event plays an impact on the market environment. This entire month the markets have been very slow and choppy so I stood out of swing trades due to the whipsaw behavior. This week has been the slowest following last weeks low movement with fed speeches on the economic calendar almost every...