today is still early and will say next week for real signal but will put on a few puts today
$cco.to NYSE:CCJ printing an ominous weekly reversal candle at upper bound resist. Not a good look. #uranium #u308
BANKNIFTY closed above va 1. gapup 49150 long till 49400 2. 49150-48950 trade reversal 3. gapdown 48950 short till 48800
- Previous Day candle closed bullish . If we are looking for buys we will take on until daily resistance formed on 26th sep 05 - If we are looking for sells we take on until 19th june 03 daily resistance. - Wait for 1 hour candle to close above or below zone to enter trade.After hitting TP, you are done for the day. - We risk 5-8% of our capital. Close trades...
NIFTY closed inside va 1. gapup 23100 long 2. 23100-22950 trade reversal 3. gapdown 22950 short
A hidden bearish divergence is printing on the daily btc chart which means a trend (bear) is likely to continue
Hi friend. So we have bears accumulation channel "1" between 166.4 - 186.5. I think in next few weeks price will fall to 150. On a road price have two transit levels 166.4 and 158.7 (there can be correction). Volume analysis based on my author indicators. Levels thanks to X-Lines script. Follow me;)
Price gave very good movement, nearly 300 points yesterday and now it is at crucial zone. 18600 is important in deciding the trend direction. Buy above 18630 with the stop loss of 19590 for the targets 18660, 18700, 18740 and 18800. Sell below 18550 with the stop loss of 18590 for the targets 18510, 18480, 18440 and 18400. !8500 can act as support. Hit the like...
Gold prices fell to a one-week low on Thursday, marking the third consecutive session of decline. This drop is attributed to profit-taking following the release of the Federal Reserve's latest meeting minutes, which suggested that interest rates would remain elevated for a longer period. Technical Analysis of Gold: The price of gold declined after breaching...
Last phases of election are going on the result will be declared on 4th June the talk of the town is what will happen to Nifty if election is won by someone who is expected to win the general elections in India and what will happen if the results are unexpected. We can not predict elections and we can not predict how the Nifty will behave but certainly the charts...
NSE:BPCL Overview: After the big up trend from November 2023, price has broke previous ATH. Due to strong movement price has reached 20% above previous ATH. But Healthy breakout needs proper consolidation & also due to profit bookings price was under small retracement. Again the price has bounced from previous ATH but this time with W Chart pattern(Day...
LSPD has a breakout from a rectangular pattern, the SP was consolidating for the last 3 month, now it's time to go up, I have set on the chart my stop loss at 13, 20 usd and short term target of 17 usd
Gold today maintained a volatile trend overall, and began to rebound with 2325 as support. It is currently trading near 2340. So after the sharp decline, has gold stabilized and rebounded? Actually, I don’t think so. I said yesterday that since gold has not rebounded in retaliation after falling by $100, gold will only absorb the plunge in a volatile manner. Gold...
Trading Plan for Friday, May 24th, 2024 Market Sentiment: Uncertain, as the market has transitioned from a rally to a short-term dip. Bulls are attempting to defend key supports, while bears are looking for further downside continuation. Key Supports Immediate Supports: 5265 (major), 5253 (major) Major Supports: 5230-35 (major), 5202 (major), 5177 (major) Key...
Inverted chart. That's it, that's the chart. It might take a couple of more weeks for a break out, but to where?
Key Levels in the Chart: 1. **Support Areas (Green Zones):** - Near the $0.080 level: This zone acts as a strong support, with price reacting to this area multiple times. - Near the $0.060 level: Another strong support zone that has held up the price in the past. 2. **Resistance Areas (Red Zones):** - Near the $0.120 level: This area has acted as a...
EURNZD - 24h expiry Our short term bias remains negative. Preferred trade is to sell into rallies. 50 4hour EMA is at 1.7784. The sequence for trading is lower lows and highs. Expect trading to remain mixed and volatile. We look to Sell at 1.7785 (stop at 1.7835) Our profit targets will be 1.7665 and 1.7635 Resistance: 1.7760 / 1.7785 / 1.7820 Support:...
If the price moves below the support area, I see a further drop down to 1.60000. 800+ pips. If the price breaks above the 1.67000 level, we could see this trade move up. Intra / swing