EURUSD Chart The pair is in Bearish Trend Forming series of LL's & LH's. On RSI there is Bullish divergence and also Bullish reversal Pattern of Double bottom. Will wait for BOS If the LH (1.09560) breakout then take buy trade SL on (1.08960). Do your own research before taking the Trade.
Magic Waiting to Happen: Bandhan Bank's Weekly Chart Overview - The downtrend line since 2020 has been a key resistance level. - ₹250 and ₹200 have served as a consolidating range's upper and lower boundaries. - You can now access our structured charts for all Nifty 500 companies . Check the signature column below for more info. - Recent base formation...
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...
We could see PEPE repeat some good things as we come to a fib support that's "been done before" - An inverted H&S has formed (or tea cup and handle if you wish) and threatens to reverse us back to the upside, this chart structure looks very familiar to the last move we made to the upside back in April 2024 -A DBW forms on the 5 min TF with the overall downward...
My focus this morning is on the GBPJPY, we have seen a strong reaction to the breakdown low that happened on 03 May 2024. The reaction gave us a bullish wave structure on the H1 timeframe, the concluding factor is that wave structure 4 failed to make an HH 5 (200.652). Instead of an HH 5, the price made an LH 5 in an uptrend. The price then proceeded to break...
Bullish Context: Monthly uptrend, weekly uptrend Price Position: Near last month low Pattern: price has shaped daily uptrend (higher low and higher high); weekly higher low is set This is an opportunity for LONG play with profit target near previous month high. In order for this setup to work price must first break through synthetic diagonal resistance; in...
ZS is trying to reverse downtrend. Bearish upthrust has been weakening over the last two weeks and price has already set daily higher low on the pre-market. For reversal to happen bulls must protect 192.5 and build value above 196. If the reversal happens it will probably not to last long as we're in a monthly consolidation. But it still can provide some nice...
Nifty open higher but bulls didn’t survive into the market and traded range bound for entire session. Nifty has formed Doji candle on a daily chart which indicates thug of war between buyers and sellers. Double moving averages is giving cross down, we may see weakness into the market. If the Nifty index is at a low point and if the market opens positively...
NASDAQ:QQQ has shaped Head-and-Shoulders formation on the daily chart. Daily downtrend confirmed, weekly consolidation has started. Please note that broad SP500 market is still technically in an uptrend, meaning that buyers are still strong. So if you plan entering SHORT on QQQ I would wait for a pullback to increase risk-reward. An example of possible trade is...
This is a classic setup for the retest of the opening range on gold. Price pulls back to the 15 min supply zone which is also inside of the opening range. Target hits 2:1 and still going!
4 hour chart is entering the 7th wave 1 hour chart is entering the 11th wave 15 min chart is inside of the 4 hour supply zone (market edge. We might get a double top or a retest of this area and a deep pullback to 2152.8. At this point the 1 hour trend will recalculate. However if price follows the 4 hour pullback then we could see a drop all the way to 2095.
Index open with positive note and made all time high that is 22440. Index has formed Doji candle on the daily chart at the top of the market which indicates thug of war between buyers and sellers as the closing was near the opening levels. We may see trend reversal in near future. Next levels for nifty will be 22520 upsides and 22303 level downsides. ⚠️...
Market falls from nifty’s new all-time high that is 22249 level and Bulls lose its winning streak in the market. Nifty formed shaven head candle on the daily chart which indicates participants are selling from higher level. Nifty has formed Bearish Engulfing Pattern on daily chart which indicates trend reversal. We may see further weakness in market....
The TrendCloud System is specifically designed for Trend Following and Trend Reversal Trades. It will show you when the Trend has become extended and heading for a major level of support. In this case, its the 100 SMA. Start looking for the option chain on around this area or just wait for the TrendCloud Signal to go long. If you want to trade trend reversal...
The first week of 2024 the US market opened around the high and closed around the low. It is very similar in 2022 and 2023. And what is the market telling us from the first week of 2024 and the direction for the rest of the year? We are going match the fundamental reason with this technical observation over the last two years. Also, what is the key...
#StrongBuy #SKFINDIA. Don't miss this Opportunity. StrongBuy Candidate. #Stock made Higher high in Monthly and Weekly Timeframe. Now in Best #Retracement point with Strong #Priceaction confirming Reversal. Buy and Hold for Swing and Shortterm targets. Follow Risk reward and Stoploss 🛑
Harmony (ONE) has been quietly making strategic moves in the crypto arena, and one of its recent maneuvers has unveiled an essential yet often unnoticed aspect of chart analysis: the retest of a crucial trendline. Furthermore, the formation of a substantial falling wedge on its weekly chart is sending bullish signals, indicating potential for exciting price action...
Hi guys! Welcome to an analysis on macro developments of Doordash (DASH). With the markets doing what they've been doing this year, we have to ask, " Will the % gains come to stocks that are still many many % down from their tops"? Or are some stocks just doomed to fizzle out and take time to re-build/ grow? Well, if we are in a Bull market, which i personally...