Sbi card is moving with lower highs and lower lows formation since August 2021. The stock has broken its important support levels around 800 and is resisting it for the past two weeks. This week it opened with the gap on the downside and saw follow-up weakness. Going ahead, the 770- 800 zone would act as a strong resistance for the stock and we could also see...
Watching the level between 1.0460 and 1.0445 for a potential bounce, If we trade through that level we could get a trade back to it and offer a sell to take out the 1.0340 level. I'm Also watching the 1.0571 - 1.0544 if we trade back to it we might get a selling opportunity to take out the 1.0340 level.
GBPUSD Intraday - We look to Sell at 1.2637 (stop at 1.2760) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Daily signals for sentiment are at overbought extremes. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. The hourly...
Dash (DASH) Sell Zone -------------------- BIAS Short-Term : Bearish Risk : Medium On lower timeframe Dash is showing short-term weakness and could easily tp gp for retest in this zone. -------------------- $DASH/USDT SHORT SETUP Leverage : x3 - x5 Entry Price : 56.1 - 56.9 TP 1 : 54.8 TP 2 : 53.8 TP 3 : 52.2 TP 4 : 51.1 TP 5 : 49.9 TP 6 : 48.8 TP 7 : 47.2 TP...
"Just when you thought you had gotten out, they pull you back in" Humour for a serious market. This suggests that the markets are likely to see further down. Just when you get hundreds of "ideas to buy". I suggest DON'T. But if you are waiting to buy wait some more and don't short just watch as others panic. Cryptos and currencies are showing very similar...
Not sure but DXY is sitting at big resistance, while Bitcoin is oversold. I think it's so likely bitcoin bottom to be here around $34-40k
NSE:BANKNIFTY Weakness Observed in this current uptrend wave. Reasons 1. Series of HH - HL has been broken and a new LL has been created. 2. Continuous decrease in RSI indicates weakness in trend. This Analysis is not a trade recommendation. It is completely for study purpose only. Do your own study and research before getting into the trades.
BTC managed to reach $39.2k but wasnt able to break and dropped, Meta (Facebook parent company) stock dropped 25% today (last 24hrs), due to a poor Q1 report from them, which is the reason for todays weakness. Global market is also showing weakness. According to chart, BTC is still stuck in the downtrend (falling wedge), this pattern needs to be broken and will...
SOL is currently in a Symmetric Triangle against BTC. This is a Neutral pattern so it doesn't give us any particular bias regarding SOL's direction, so let's look at some other factors. Short-term optimism: The 4-hour chart (not posted) gives me the impression we could move up in the short term, it might be worth a small high-risk position. Long-term...
BTC 4h confirming the daily weakening trend, sharp volume drop offs like these generally indicate the uncertainty in the market and often are followed by a significant move up or down.
On Dec. 27th BTC has only managed to set a new local high before getting a hard rejection. We also did not hold 49k area (blue box), not even 48k (orange box), which was a local low set a day prior (26th). This is a definitely a sign of weaknes, therefore i am expecting that we will not revisit 55k (yellow box) area and are just going into final capitulation. As...
If you are long exit @175 or near that price point. Will see how price reacts when it enters the highlighted zone. We do have weakness on daily charts for sure. This $175 is just a zone to exit if you are long. I will not take a call or be long here as there is weakness on Daily TF
The Old Trade is continuing now . As I told before that USD/CAD will rise til 1.26500 and then I will Short. It seems that Short/Sell time have arrived. I will Short USD/CAD after a Retest of Broken Support level. Risk-Return Ratio for the trade is 1:7.4 with Strict Stop Loss of 13 Pips intact. Note: Do your own analysis before taking the...
The S&P500 and US Nasdaq run the international show. Whatever they do, the rest tend to follow. For this reason we'll take a good look at the two giants to see what their technicals look like and if or when they would become bullish again. We'll start off by bringing out our microscope in order to dissect the S&P500. Starting off on the weekly chart, the index...
Hello my beauties. I noticed that the S&P500 has breached a long term trendline that had lasted for over a year. It is the first time since the beginning of this downtrend that we see the price hang around below the trendline, failing to break back above quickly; the price did this a couple of times during the run to stop hunt and create liquidity. We are going...
Hello my beauties. We will wait for the price to move towards the top of the range and give us some more indications. I tend to think that HP is going to show strength regardless, but I would like to react to the price rather than predict it. What looks like a Spring (quick weakness in the price followed by a rapid recovery within the range). The price might also...
Hello my beauties. I see a distribution schematic travelling towards completion on amazon. If the prediction is right, the price will quickly move towards the bottom of the range, and give us a couple of LPSYs (last points of supply) before marking down. If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a...
market show signs of correction. thats my idea for the next weeks.