FOREXCOM:AUDSGD has been trading in a range since mid-August. Price not only broke above the upper range boundary but it also remained closed above it in today's session close. As long as price remains above this breakout level at 0.8765, a structural reversal is underway. Since this breakout move and how it closed off, I remain bullish with an upwards...
FOREXCOM:GBPJPY has been in an uptrend since April of this year. Price stabilized after hitting the 186.547 highs in late August. I plotted a daily range based on how price traded over the past month. Today's session close marks a clear indication that price is drifting to the downside. Structurally speaking, I am directionally bearish. If price holds below the...
In my previously published idea, I expressed by bearish opinion on $FOREXCOM:CHFJPY. Looking intraday at the 4-hour timeframe, my bearish sentiment has weakened. The current 164.5 lower boundary maintains an unclean hold. However, this latest price breach lower was rather weak. After price crossed below this level, it quickly traded above it within the next...
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 will be using 3 strategies//concepts to analyze price here Demand and Supply Strategy Price is currently trapped within a demand and a supply region and both regions are currently bouncing Price about but one needs to break in order for Price to continue trending. I favor the demand zone to break because 1. We are currently in a downtrend 2. The rejections...
Traders, do not forget that in less than 2 hours we are expecting the ECB rate decision and a press conference. Here is my technical outlook for EURUSD, ahead of the news. The pair has recently violated 2 structures: a horizontal daily support and a rising trend line. After the violation, the price set a new lower low and started a correctional...
On EURGBP, we have a bullish setup, as can be seen from the highlighted trendline. The price is within an H4 demand box where it recorded an FVG/Imbalance at the level of 0.8580 this morning, and where we could look for a long entry with the target being the yellow box at the level of 0.8620. This represents another area for a GVG imbalance where we could instead...
Anticipate the next move beginning with a Top-Down Analysis followed by looking through the lens of price action. 0:0 Monthly timeframe 1:10 Weekly timeframe 2:35 Daily timeframe 6:36 4hr timeframe 8:30 1hr timeframe 11:20 upcoming news We have alot of rejections at 1.07 Weekly support level beginning from last tuesday. This weekly support level is also a Monthly...
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
We have entered Gold on the daily confirmation bar on a short trade. This is based on a daily P1 trend continuation move, and along with a weekly continuation trade move according to our smart money framework indicator. You can see on the image below on which part of the cycle we are in on the weekly timeframe and how that matches up with the daily. According to...
We have entered this trade on 4h confirmation bar and it went onto confirm the bottom on the daily timframe. However, the weekly bottom is yet to confirm. For it to go further higher and have a higher probability to confirm the weekly bottom, it has got to make a second higher bottom and take out the last swing high as shown in the image. Let's see how the trade...
ZYDUS LIFESCIENCE LTD Key highlights: 💡⚡ ✅On 1Hour 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 670+. ✅Can Go Long in this stock by placing a stop loss below 630-.
Good market structure play, price was creating LLs and LHs - entered on the RT and new LH after bearish engulf & RT towards EMA - looking for continuation to the downside with 2 RR
ALKEM LAB LTD Key highlights: 💡⚡ ✅On 1Hour Time Frame Stock Showing Breakout of triangle Pattern. ✅Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 3820+. ✅Can Go Long in this stock by placing a stop loss below 3620-.
good morning gold gang! i fell asleep and forgot to do the outlook hah sorry. Here it is. Ill make it quick for you all DXY still has that pesky gap and im thinking it will be filled during cpi this afternoon. Which will keep gold bearish as per the HTF In the meantime id like to see buys up to the level on the chart to rebalance before coming back down. A...
On EURJPY, we can observe a bullish setup following a breakout of a bearish trendline. The price has breached a significant swing high at the 157.70 level, creating a buying zone, as seen on the chart. This zone might also lead the price to retest the trendline. Furthermore, the price around 158.44 appears to have made highs during the Asian session and seems to...
Nifty will be gap up opening in today's session. After opening nifty sustain above 20000 level and then possible upside rally up to 20120 in today's session. in case nifty trades below 19980 level then the downside target can go up to the 19860 level.
USDJPY did not manage to go further north to hit our 50% OE target. It has hit our trailing stop. Trade order summary position: USDJPY(Long) Trail stopped out at 14658. Net P/L: -0.56% Profit @1% =$1000, -0.56% = -$560 Do refer to our previous chart image where we took the trade last week. To understand our ideas and videos better,we highly recommend...