Bank Nifty support and Resistance level for 16/05/2024.
Just checked BTC and ETH again and escpecially ETH is playing out like wanted. The strenght over the last days was nothing not to note but we said it in our last report, we need to flip 64,2k on BTC and 3200$ on ETH to remain bullish in the long term. On BTC we are back to exactly 64,2k where we rejected multiple times now throughout the last weeks and on ETH we...
We've identified a promising long setup on OP with several strong confluences: 1. **Sweep of MDay-Low Range**: The price has swept the MDay-Low range, moving right into the Fair Value Gap (FVG) and Demand zone. 2. **Bullish Market Structure**: The market remains bullish as long as the demand holds. 3. **Range Low Within Demand**: The range low is situated inside...
As you can see this is what I see and how it will be the future of this chart in fractal way,, the time is not my idea ,, just the way of the trend how it will be inshallah 🌹
30m sell printed by Swing Sniper. The price then retraced after signal and formed a new 30m supply zone. Price is currently retesting this zone. Should drop soon. Minimum TP 196.05. TP2 = 194.05. TP3 = 191.65.
Based on the strong bullish move observed in the US news market, particularly with positive figures in Core CPI, Core Retail Sales, and CPI, as well as a notable increase in CPI y/y, it's reasonable to anticipate a bullish sentiment for the USD. The Empire State Manufacturing Index, however, showed a slight decrease. In light of this, we could expect any...
Medium-term analysis of COINBASE:BTCUSD indicates that the price is poised to surge towards new all-time highs, with a probability of 65.28%! Let's get into the underlying reasons for this: 1. The current status on the "1D" timeframe is "Active," indicating that the price has already reached and touched the 50% equilibrium level on the current timeframe. 2....
USDCAD The Canadian Dollar is exhibiting a bearish trend as long as it remains below 1.3678, with targets set at 1.3628 and 1.3612. A reversal and stabilization above 1.3689 would indicate a shift to a bullish trend, potentially extending up to 1.3732. The pivot price is established at 1.3689, Resistance levels at 1.3732, 1.3773, and 1.3825. Support levels...
The dollar index #DX1! respected its previous downtrend and the News about CPI (Consumer Prices) today helped with this movement to the downside. Will the Dollar continue its Downtrend or will change its Direction to the Upside? CPI m/m Actual: 0.3% Forecast: 0.4% Previous: 0.4% Empire State Manufacturing Index Actual: -15.6 Forecast: -9.9 Previous:...
EUUSD, price have been bullish since dxy has been dropping, after looking at the price behaviour and volume. We can expect price to continue to rise and create a new higher high. Use accurate risk management while taking the idea.
Hi Guys. If you had read my previous idea you are in profit now. So i think it's better to save profit now and wait to retracement and then you can open another buy position. This is recommended for professionals so if you'r new it's better to not open a position. Good Luck
30m sell signal printed by Swing Sniper. Just retested previous swing high. Should drop short from here to green line 0.6050 (previous demand zone)
Gold surpassed a strong horizontal resistance cluster and a significant downward trend line. The broken structures now form a larger demand zone. I anticipate a bullish movement from this area soon, with targets set at 2394 and 2420.
BANKNIFTY closed inside va 1. gapup 47950 long till 48100 2. gapdown 47750 short
USDJPY PULL BACK SELL 1H good supply zone 155.57 - 155.89 AIM 154 /152 2% risk per trade 2:1 close half GOOD LUCK!
NIFTY closed inside va 1. gapup 22370 long till 22500 2. 22370-22200 trade reversal 3. gapdown 22160 shortt
SUNDIAL GROWERS had a bullish break out of a wedge. Volume expanded outwards and converged on the way back to the puter line of the wedge. Now the ice line above 2 USD is tested before I guess it will go up to 8 or 10 USD the next months.