The share is making a comeback. Showing some strength after long downtrend. I would accumulate slowly waiting upto a clear confirmation from neckline break in the charts. and most importantly a Golden crossover has already formed. Target price is Rs.200 anytime during the year 2024. Note: Trade with caution! Do not trade solely based on my strategies, these are...
Too much Reversal confirmations over here ... It could obviously be wrong but this is a good setup. You can start off small and once the next higher high forms on the 1hour timeframe you can start adding positions at the pullback demand.
USDJPY was trading in bullish structure till the sellers took control from channel resistance and has given the massive sell rally. That sell rally break the inclining trendline. Now the price is retesting the broken trendline and broken support level. it seems like the sellers can attack again this bearish confluence. If the sellers takes charge again, the next...
Hello trader, While we expect a correction and short-term traders could earn money using the potential upward move we believe trend is still bearish. There is one entry and 1 TPs for this pair. But you can hold some positions more. Levels calculated order_block, regarding support and resistances, channel and pivot points.
The U.S. dollar held its position near a 10-month high against a basket of major currencies on Thursday. The dollar's strength was buoyed by optimistic U.S. economic data and anticipatory remarks from Federal Reserve officials. The U.S. dollar index, which measures the greenback against other major currencies, hovered around 106.58 after hitting an overnight peak...
This morning, world gold prices dropped sharply with spot gold down 24.1 USD to 1,876.2 USD/ounce. Gold futures last traded at 1,890.9 USD/ounce, down 28.9 USD compared to yesterday morning. World gold slipped from the important psychological support level below 1,900 USD/ounce in early morning trading this morning as the hawkish stance of the US Federal Reserve...
support zone breaked by good candle... trend line breaked risk to reward 4
Gold started a recent descending channel from 1947.555 since the FOMC press conference on 20th September 2023. Price could be expected to retest the Daily EMA 200 and 4hr EMA-20 before possibly swinging down to challenge the low since 21st August at 1885. The DXY could also further grow to 109 and ultimately to 113 as i mentioned in my last DXY idea publication....
OANDA:XAUUSD is following a clear script. I recommend studying the latest ideas on XAU to understand the reasons for further decline. At the moment this stage could go to 1885 before a further bounce. At this point I am only expecting a fall to 1885. This area is clearly of interest to MM and the market, on the background of a strengthening dollar, the price...
CADJPY is forming an uptrend. On the background of this movement, the market forms a support retest, it seems to be predictable, but the situation may get out of control, as a decrease in volatility is formed. TA on the high timeframe: 1) The market is at its maximum values. A small correction may form before further gains are made 2) The liquidity area that MM...
Kennametal India Ltd. was incorporated in 1938 and is a 75% subsidiary of Kennametal Inc. It manufactures carbide tools and special-purpose machines for automotive, defense, railways, infrastructure and General engineering segments. The manufacturing unit is in Bengaluru. 1) header and shoulder pattern in stock 2) 2680 support for this stock 3) 3450 is target...
Trying to become more active on Tradingview by posting as much analysis videos as possible. If im wrong or said something wrong and you dont address me then nothing will get resolved. I'm open to ideas but I do believe the candlesticks speak for itself. Our timing has to be impeccable. We cant time the market but we can sure predict its direction thru...
Hi Traders! GBPJPY is approaching its trendline support, and there is a possibility of a breakout to the downside. Price Action 📊 For the past four weeks, the market swings have consistently shown lower and lower lows, which indicates a current lack of buyers in the market. We are looking for a trendline support break and a close below the 180.814...
FX:GBPUSD enters a new range amid a global reversal pattern, as evidenced by the breakout of a strong liquidity area and the 200-day moving average At this stage it is difficult to talk about the strengthening of the price. The currency pair overcomes the mark of 1.24500-1.24000 and enters a new medium-term range, within which the pound can reach 1.20000. This...
DXY has just broken resistance trendline spanning back from September 2022. The DXY broke trendline coinciding with a key level at 106. If this break does not end up been a false break, DXY could swing to 109 within weeks and ultimately further grow to 114 in 2024.
NSE:3IINFOLTD After a long down trend, the stock has consolidated and reversed from its 52 week low of Rs.26.25. Showing good and steady accumulation overtime. Up move short term (1 to 3 months) target: Rs. 55. Up move long term (3 to 6 months) target: Rs. 75 Would look at short trade if goes below 35. Note: Trade with caution! Do not trade solely based on...
The SPX 500USD is breaking unto a yearly trendline support from 20th April 2020. The market is ready to retest the weekly EMA-50 and Daily EMA 200 on that same support at 4257 which coincides with the yearly upside trendline support. My bias is that the trend will be upside from the liquidity zone and yearly trendline support. I am also expecting a bearish wave...
BINANCE:BTCUSDT MIL:BTC 's next plan will be bold. On 6h timeframe, it currently broke out the trendline. Bearish from here? It might retest its lower support zone at 25700 and 24k8. Follow me for more chart analysis. Patience is the key to success. DYOR