I have plotted chart of Greaves Cotton in monthly time frame. In longer period, we have observed that stock is continuously moving in range of INR 115-150 since Mid of 2014. Only due to covid crash, price went out off from the range. It is showing very long term consolidation. In long term, company has earned a good reputation in manufacturing EV vehicles and...
EU has been moving quite violently and was expected with inflation data. We took advantage of the momentum and took 4 buys as price left the 1.0922 key level. We originally took Sells from this level which played out nicely. However, just as we did last week, Price dips hard early in week. Then soars as the week progresses using news as a catalyst for a...
On the way of 27 usd. Etherium Shanghai update reaction will decide if go further or pull back... Always be your advisor!!!
In the xauusd symbol, with the higher ability of buyers, supply areas have become demand areas by buyers... Now the sellers have become buyers and the power of moving the price can be imagined in this way.
So I cashed out my Long yesterday at 4150. Took it as a bonus that I made my weekly goal already. Due to that, I will be sitting out going into the CPI data. Volume remains ultra low, prices remain fairly stagnant, and trends still seem to be maxed out at least calling for some downward movement. I'm attempting to remain open minded to a long position, even...
So, while I'm actually Long at the moment from 4120, I still see the market heading south here shortly. I think the lack of volume has caused a delay in the corrective action I'm looking for. I took the Long based on my "Long Position" from yesterday, where I reversed my short into a Long to see if I can skim off the top. I still have numerous indicators and...
Ethereum Technical Analysis points to a Bullish Momentum most likely to contining for a 2k price range TA? Despite BTC having a stronger bull move last week, we shouldn't be deceived by the sluggish move of ETH buyers to break above 2k. Looking at the daily chart, ETH hasn't been able to break above the 1800 resistance level, with buyers struggling around the 1840...
A Bearish Fib-3 Bat is here giving us a ticket to get involved with the big boys. With a stop loss of only 25pips for this bad boy, it allows me to stretch the target towards the hourly and the daily chart target is just amazing.
We didn't do much waiting around to begin the week. We dropped a large sum and closed quite the large engulfing candle on the 4Hr Timeframe. Yes, In this instance I am aware that we have arrived at a Daily zone 1.08445. However We spent a good chunk of time collecting orders around 1.093. Jumping above and back below. We had NFP data released recently and now we...
So I am back in short yet again at 4140, and again expect a movement down to a 6hr downtrend to correct the 6hr violation that occurred. Once we get to that point, I'll evaluate how the move is going to see if I think we will continue to break lower, hold in that area, or the rally will bounce and return. I have a side trade going on the 6E again. Perhaps my...
On a monthly time frame, Gold is forming a cup and handle pattern. The breakout of consolidation region could initiate a multi-year move. Weekly/ Daily time frame should be used to identify entry opportunities. Always consider a high RR ratio before you enter in any trade.
The EURUSD currency pair has maintained a bullish trend on the daily chart despite multiple rejections at various supply zones. The price action is still above the 50-SMA and 200-SMA, indicating a bullish trend. However, the pair shows bearish reversal signals on the daily timeframe with a down candle close below the 2nd supply zone, and it's uncertain whether the...
If you are still in the thoughts of correlation currency, you can see that the NZDUSD and NZDJPY are moving in the exact opposite direction. Trendline Traders(right), you can see that the candlestick stood still and fail to break and close out of the structure. You might not be comfortable engaging directly on the 4-hourly chart(right) setup and this is when you...
The Bearish 5-0Pattern has been confirmed at 82.91; traders who want to jump in for a shorting opportunity could wait for a retest at that level. Alternatively, you could wait for a Triple Top Retest at 83.22 on the 1-hourly chart(left).
Forex trading can be a challenging and complex activity. As a result, many traders struggle to find a strategy that works for them and often lose money. One important aspect of successful forex trading is multiple timeframe analysis. This post will discuss how to perform multiple timeframe analyses in the forex market and how it can help if you're struggling with...
If you belong to the traders that believe in currency correlations, look at the related ideas below on EURUSD and think twice!! Correlations between currency pairs is dead for more than 10 years ago. It's unwise for you to rely on such a technique to make a trading decision. I'm looking for a buying opportunity on GBPUSD, it can happen on a retest of support at...
BYBIT:ARBUSDT.P ARB is in TRIANGLE SETUP.... LOOKING BREARIS but that's the game all retailers are Shorting ARB. wait for the right time to enter for LONG !! this will be a Psychological Trade !! we will see a good up-move in ARB in coming days. JUST FEW DAYS ADD TO WATCHLIST IF YOU HAVE ANY SUGGETIONS or IDEA LET ME KNOW IN COMMENTS. Thanks.
GCAD (D1) : This is a good entry zone ✔️ Have a pinbar and power candle befor ✔️Has got a RESISTANCE but I think, price will accumulate to break here. Trading is the probabilistic so you need to manage your capital well Good luck !