CSI has honored the significant demand zone, suggesting a potential continuation in the rally. The price respecting this highlighted zone coincides with the formation of a bullish flag on lower timeframes, further bolstering our bullish expectations. Notably, a bullish breakout has been confirmed on the formed flag, potentially leading to a rally with the creation...
You can see the idea in chart, it worked once, why not again ? A little 1R never killed nobody, Taking risks worth taking is all we got!
on one day time frame its perfoming short of doble bottom parttern on lower time frame as 15 minutes, at very important support level, after braking 1448 level with big volume candle than can buy for targets of 1660 on resistance,stop below 1370 impportant supply zone
NIFTY50 is currently within a robust bullish channel, displaying consistent growth since the emergence of bullish sentiment. Price has adhered to the previous high established on the daily timeframe. We anticipate potential price action to remain within the upper and lower boundaries for a period. Upon future confirmation of a breakout at the lower boundary, a...
Explanation: This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this for perfect entry and perfect exit This trading opportunity is based on volume, previous price, and price range , are included Entry/Exit point's: - It has very easy entry and...
The large structure looks like a diametric that is now in wave D of this large diametric. Wave D itself looks like an ABC, we are now in wave b of D. Wave b also seems to be a diametric that we are now in wave e of this diametric. We have specified the fluctuations we expect from WIF on the chart. By maintaining the red range, it can drop further down. We are...
If the ritual we mentioned yesterday plays out, a PUT buy in Bank nifty could be the trade of the year. But again Bank Nifty is also at a crucial FVG level. And to the bottom of the channel, it has a long way to go.
Nifty spot and FUT, both settled at crucial levels marked in our previous analysis. This is the level that has to be protected for Nifty to stay "NOT BEARISH" at least. Now with an even in sight, I am not sure how it will behave. My previous narrative was that Nifty would stay at ATH levels and with the election result, would fall. But now it seems like there is a...
Fall shaper, all round. Bulls were in loss of shape, loss of words, circular search. No google, only Wobble. The big picture is in a Range, short term is precarious. Fall looks impulse. Close near the vital area of 48200-300. Next level of support 47900 that is the hope. Will this support cushion means fall somewhere else? PSU and Real Estate took the...
Third phase of voting over, whispers, Satta markets, headlines, forwarding views, diagonal interpretations, everyone jumping their own narrative, hopes getting to fears, fears turning to dreams, each one building his own castle. However, market has only to unfold one story. That story is never a sudden, it is woven. What is that one has to look deeper now and...
PDL and ARL has been swept, we have displacement to the up side followed by a MSS, IMB and a Breaker. we enter off the IMB our stops below the low our target 1:2RRR lets see what happens.
If a falling wedge appears on ETH, I am going to open a long.
BUY XAGUSD for uptrend continuation STOP LOSS : 26.65 There is a strong trend on the daily time frame and all that have happened in the past days was just consolidation ( or trend pull back before continuation) ..... The daily time frame is showing strength continuation from this level of support and resistance so we are looking for the trend to push forward...
Short Term Elliott Wave View in Dow Futures (YM) suggests the Index ended wave (4) correction at 37473. The Index has now turned higher in wave (5). However, it still needs to break above the previous wave (3) peak on 4.1.2024 at 40358 to rule out a double correction. Up from wave (4), wave ((i)) ended at 38451 and pullback in wave ((ii)) ended at 382808. Wave...
BUY XAUUSD for uptrend continuation STOP LOSS : 2280.5 There is a strong trend on the daily time frame and all that have happened in the past days was just consolidation ( or trend pull back before continuation) ..... The daily time frame is showing strength continuation from this level of support and resistance so we are looking for the trend to push forward...
May 9-17th anytime may bring a temporary boost for BTC, with a favorable green zone unfolding. However, don't get too comfortable - the market is likely to take one more dip, completing the C wave. Patience is key, as the price is in no hurry to make its macro move. Remember, the markets love to defy expectations. Probabilities are made to be broken, and...
Hello traders, USOIL has been bearish since early of April. It got one week correction and turn down to drop hardly again last week. On the left weekly chart, last week Strong bearish candle cross EMAS down to a new low. This is a weekly bearish signal for us. On the right 4H chart, seems like it stops dropping by reaching FIBO EXT 1.27-1.414 support zone....
Hello traders, GOLD is facing a wide side way price action at the end of the strong weekly uptrend leg. On this left weekly chart, price could start to rise again with the support of EMA and retest weekly pressure zone. On the 4h chart, gold has start a new leg up since yesterday and now is sideways price action above 4H EMAS, this could be a chance to join...