Key 4HR Resistance Coming up. Expecting up to a .010536 correction before pushing through 1.39500. Bear Divergency presenting itself on RSI. Expecting correction to take place. Will enter trade at break of rising wedge pattern. Will not think trade is gone if liquidity grab pushes price above the wedge.
Trade Idea Based on Technical Analysis: Chart Analysis: 1. Horizontal Line of Resistance Become Support (RBS): • The horizontal red line at 2,741.90 indicates a significant level where previous resistance has now become support. This RBS zone suggests a potential area where buyers might re-enter the market, providing a solid opportunity to go long if the...
Based on my chart, I’m analyzing XAU/USD (Gold) on the multi-timeframe, with key levels and trendlines marked. Here’s a potential trade idea derived from this technical setup: Trade Idea: • What: Short sell (SELL) Gold (XAU/USD) around 2,734–2,735 zone. • Why: • Price Action Resistance: The price is nearing a strong resistance area around 2,735–. 2,740,...
The GBPCAD is currently at a crucial resistance level of 1.8000, marking the highest point since 2020. The formation of a double top on the daily chart reinforces the notion of a potential bearish trend reversal. This reversal pattern indicates that the market is testing its ability to sustain prices above this resistance, yet has struggled to produce new...
Hello Traders, Below is my Technical Analysis of EURNZD. EURNZD has formed a bearish butterfly pattern with points X: 1.79369, A: 1.7442, B: 1.78702, C: 1.76273, D: 1.80786. The current price is 1.80379. Expectation for a drop to 1.78808 in the coming weeks. Additionally, a bearish divergence is noted on the Awesome Oscillator, indicating weakening bullish...
NSE:HEG trade at 2480 level, After break 2700 level, You can watch for big upside move, upto 5000 level.
NSE:ABCAPITAL trade at 236 level, After break 250 level, You can watch for an huge upside movements. Stock ready for giva a breakout after 7 years.
NSE:DALBHARAT trade at 1890 level. Stock take a strong support on Weekly Trendline, So you can watch for next resistance at 2400-2500 level.
NSE:TATACOMM trade at 1970 level. After breakout you can watch for 2400-2500 level...
NSE:SOLARINDS trade at 11000 level. You can watch for next resistance at All Time High 13000 level...
Technical Confluences: - Stochastics is moving towards Oversold conditions - Elliot Wave count seems to have completed a Wave 4 (A,B,C count) and is starting it's Wave 5 move (assuming it is not an extended Wave 4 - Price has formed new Supply Zone area with the price rejecting that Zone 3 times and has formed a descending Trendline Fundamental Confluences: -...
TASI is receiving resistance from 12,325 level (a significant level). Gap up opening was filled yesterday and the downtrend continues after taking correction from the specified resistance level (12,325). Profit booking due to Week and Month closure will also drag the index down further to the levels of 12,000.00 (A significant/psychological support level). It is...
Upcoming Earnings Salesforce, Inc. (ticker: CRM) is scheduled to report earnings after the market closes on 28 August. The consensus earnings per share (EPS) estimate for the fiscal quarter ending July 2024 is $1.73. The reported EPS for the same quarter a year prior was $1.63. Vulnerable Resistance? Resistance is currently being tested at US$263.42 but...
2281 is moving nicely in an ascending parallel channel taking support from a long-term trendline support continuously. Price has shown breakout from parallel channel and has formed double top at a critical resistance of 140. Bulls need to break the resistance of 140 to continue the bullish trend or wait for correction.
Resistance Trend line Impulse-correction=impulse key level
Fan Pattern in NSE:XCHANGING ! 3rd Fan Line Breakout in XCHANGING! XCHANGING SOLUTION Analysis on a Monthly Time Frame! Analysis: Hello all, as you can see I have applied the Fan Principle on XCHANGING SOLUTION, It is a type of Multi time frame analysis, Where we can draw multiple trendlines from an All-Time High price point. As per the Fan's Principle, there...
The AUD/USD currency pair (Australian dollar versus the US dollar) is on track to snap a two-month winning streak. It is down nearly -2.0% month to date, largely driven by risk sentiment. Monthly and Daily Resistance Levels Technically, the AUD/USD faded monthly resistance at $0.6670, which combines with the upper boundary of a symmetrical triangle, or...
I Observed these Levels based on price action and Demand & Supply which is My Own Concept Called "PENDAM CONCEPTS" ... Please Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q