13th May DXY: Consolidating could retest 105.50, needs to stay below 105.80. NZDUSD: Trade lower, bounce off level, Buy 0.5990 SL 20 TP 45 (wide range) AUDUSD: No H1 setup, looking for a reaction at 0.6660 USDJPY: Sell 155.50 SL 40 TP 80 GBPUSD: Buy 1.2530 SL 25 TP 60 EURUSD: Look for reaction at 1.08; could Buy/Sell SL 20 TP 60 USDCHF: Look for reaction...
Chart : 4Hour Overall Trend : Bullish Current Market Structure : Consolidation Scenario 1 : Price has been respecting the 39600 level as it did reject from that level with a heavy push to the downside on Friday . We can look for short term selling opportunities in the market targeting the imbalance in the market . Or targeting the 4hour demand levels
Hello Traders, Kindly checkout the latest update on Nifty and BankNifty. As we told in start of the month that Nifty have major support of 21780 and BankNifty have majot support of 47033. Today Nifty have almost tested the support and pumps up while BankNifty have fully tested the support and pumps up.
DXY - LONG I'm expecting long for CPI before that market can react any of this Scenario. if I'm wrong I wont be lousing my account, so I do expect the from from all of you guys, so risk small and always use SL. wait for the SETUPS.. V.Ragu
The US30 index price ended weekly trading on Friday on a noticeably positive note, closing the negative corrective route and initiating the main rising trend by breaking through and stabilizing above 39280 by daily candle. Since the market opened, it has been trading favorably and is now trying to reach the 39600 level. Also, if it can cross this level, we will...
Currently for DJ 30; an harmonic pattern formation might be on the horizon, current box would indicate that reversal will take place from 39443- 39686 The next big marketing event will be US Fed Chair Speech at 10 pm on 14th May (GMT+8) Will be worthwhile to see how DJ reacts, or even so maybe plant a small position 30% of your expected net whole position if...
MACRO WORLDS SP500 US information rate GDP Liquidity WORLD
With economists celebrating the "goldilocks economy" and VIX breaking below the lower bound of the pattern, the big question lingers: "Is this another fakeout before resurgence to $20?" Illustration 1.01 The yellow arrow indicates a breakout below the lower bound of the pattern we have been observing since its early formation. Please feel free to express...
SPX500 is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 5,207.14 which is a pullback support. Stop loss is at 5,150.00 which is a level that lies underneath an overlap support and the 38.2% Fibonacci retracement level. Take profit is at 5,282.20 which is a pullback resistance that aligns with the...
US30 - BOTH Scenario, see how markets price action is, as a marked on the chart, any of this can happen for CPI. risk small and use SL. V.Ragu
Well hello, traders. Here is my view on the DXY daily chart. As you can see the price left the buy-side liquidity which formed as an equal high, and then respected to the 50% of bullish FVG which is internal range liquidity. In this condition usually, the price seeks to the external range liquidity. So the first scenario is bullish and I follow this scenario...
If NIFTY sustain above 22079 then 22116 to 22125 then 22138 to 22153 then 22190 to 22199 then 22212 to 22228 then then 22265 to 22273 then 22286 to 22302 then 22339 to 22347 then 22359 to 22377 If NIFTY sustain below 22041 then 22004 to 21990 then 21978 to 21967 then 21930 then 21917 then 21904 then 21892 then 21855 to 21843 then 21830 to 21818 then 21781 to...
It is expected that the fluctuation and rise to the resistance levels will be formed, then there will be a possibility of changing the trend and the beginning of the downward trend will be possible.
It is expected that the current upward trend will end in the current resistance range and we will see the beginning of the corrective trend. If the resistance range is broken in this recent wave, the upward trend will continue
Daily - bullish, in need of pullback. although this kind of structure on daily hasn't observed a big pullback so far so I will keep an open mind and take longs if they come up. Origin - bullish, in need of pullback. a pull to **5206.79 - 5179.87** and absorption in this zone is what I am looking for. perhaps FED Chair speaking on Tuesday or CPI will push it down....
NAS100 Longss bbyyy: - 5 Trendline touches for longs - 8MA entry on 1HR - 4HR engulfing candlestick pattern