According to this chart we are riding the 8 and 20 day. Price bounced off of the 50 after the earnings sell off and broke out from a double bottom. If this plays out in a perfect world this will blow past 127 from the news run up. Not to mention everything AI is running and we are currently in an AI baby bubble. I would trade this carefully since it is making...
We see a strong Resistance Zone on a monthly chart frame. Let 10,042 break on a weekly chart with decent volume. Next resistance/target would be 12,000. Disclaimer :- I am not a SEBI Reg, Analayst. Please do your own analysis before trading/investing.
While waiting price to reach 1950.00 support level, running an order to buy... Minute after minute Hour after Hour Pips in the power...
The problem lies here in this consolidation zone. 15 minutes candle sustaining above this consolidation will lead NIFTY to 18770 (RSI is also neutral and I hope it will show strength as market breaks consolidation on upside). DISCLAIMER:- I am not a SEI Reg. analyst. Do your own research before investing or trading. Comment if you have any questions regarding this.
Friday… I do not like a very much trade on Monday & Friday…like as today… Technical analysis still holding & valid. Simply I do not like to keep open positions over weekend because of overnight charges & unpredictable beginning of Monday. Volume dropped already and market is already in “weekend mood”. No illusions here. I did exit break even at 1967.37 with a...
SL “clear up” for all impatient traders… I do believe , many of them do have a high blood pressure right now… I’m still waiting for entry like as planned…
Technical analysis: TP1 & TP2 was confirmed by technical analysis & lead to 2123 pips profit & 15%+ account increase. Purely in the theory do exist TP3 around 1978, but I seriously doubt it that it going happening today. Trying to follow TP3 would be totally based on gambling & alchemist rules… I do hope all of you had it good trades, time to relax…. :) Have a...
Hey Traders! 👋 For Day 23/100 of our challenge, we will look at USDJPY upside potential this week. Technicals: - 149 support rejected - 150 resistance breached - Now pulling back into 62% fib Invalidation area: 148.6 That's it for today! See you tomorrow!
Sometimes JPY just keeps getting weaker, bulls are enjoying a long way and more to go. We are looking for a buy in the demand zone where lies the imbalance to be filled. looking forward for 5R trade on this.
Clean short idea on NZDCAD, as you can see there are 2 selling points marked up in the chart. We are taking both opportunities as the price continues to be bearish.
Simple and clean entry, we are looking to short NZDUSD from the nearest level of supply. As we see the Dollar rally continues to go up, so every rally on USD dominant pairs will be a selling opportunity.
We are looking to short again on EA, as its a bank holiday we will not target our entries on the extreme level but the close level.
I think we can enter for buy after completion of pull back
After getting almost 14R yesterday with the short position on GJ, I have no problem taking a long position risking 2% on this trade. As you can see the Demand area marked up with the green box, we will wait for the liquidity to be taken out and we enter scaling the position to a 7 R potential win. Trade safe, Cheers Europeanbulls
Here is the short position GJ Please scale down to 1 minute chart to understand better. trade safe Europeanbulls
Setting up both Long & Short position on AUDUSD. Analysis based of Supply and Demand, Imbalances and Fair Value Gap. Looking forward to get a 7R from each from the positions. Trade Safe Cheers Europeanbulls.
New week new start. So here is my outlook on GJ, Cannot be more simplified. Looking forward to get a 4+ Reward. Trade safe Cheers Europeanbulls
– Previous Weekly candle closed Doji Bearish at 2004.300 leaving a Rejection wick at 2047.500, Friday Daily candle closed Strong Bearish forming Daily Resistance at 2040.700. – Buys on close above 2006.600 targeting 1h previous Support formed at 2013.700, Leaving Runners to the next 15min Support formed at 2022.100. – Sells on close below 1995.800 targeting 4h...