Short position on JP225 on Daily As market structed a double top, broke support than on testing of the now resistance this week everyday the sticks are negative Making me believe that we bout to see sell of And all Indices and Spots look to be selling you know what they say Takes long to climb up but goes down as if it went out of the window
So we can take entry at the break of neckline as that point will confirm trend reversal.
I am sharing Bank Nifty Levels this levels act as important support and resistance for intraday . If you want to trade with this levels wait for 15 min candle closing above that levels. You can trade with breakout and reversal both. Please note this levels are for intraday trading only.
Nifty opens on lower note but afterwards nifty made high of the day which is 22710 level. Index was choppy throughout the trading session. Nifty has formed shaven bottom candle on daily chart which indicates participants were buying from day’s low. Double Moving Averages are giving crossover. Nifty is able hold 22600 level so, further resistance will be...
After breaking below the support of 49367 and closing above the intraday support level of 49159, prices traded in a range without indicating any signal for recovery yet. Let's explore potential scenarios for different openings on Friday, May 3rd, 2024: Gap Up Opening above 49367: If prices sustain above 49367 in the first hour, they could move towards 49548 –...
In the previous analysis, it was noted that the market might remain subdued within a sideways zone. Despite this, there hasn't been any bullish indication in current levels, with prices closing below the sideways range of 22737 / 22676. Let's examine potential price movements for different opening scenarios on Friday, May 3rd, 2024: Gap Up Opening: If prices...
Updating my TVC:DXY predictions: 1. Everything hinges on carry trade with Japan 2. Japan is raising rates until they resubmit to negative interest rates this summer 3. The USDJPY will plummet until summer, this will cause the dollar to go down which increases inflation in the USA and deflation everywhere else due to the dollar being a reserve currency. 4. I...
I am sharing Nifty Levels this levels act as important support and resistance for intraday . If you want to trade with this levels wait for 15 min candle closing above that levels. You can trade with breakout and reversal both. Please note this levels are for intraday trading only.
Everyone senses there is something coming, but nobody knows what it is. Regardless the markets will correct massively, technically because we haven't had a 0.61 fib correction in a decade, secondly because the bags are too heavy and everyone is bagholding, we need to shake those who call themselves diamond hands at +50% price discounts, i.e. cheaper...
Bank Nifty was in a uptrend channel on 3hrs Chart / after good consolidation know Breakdown / Bank Nifty almost 5% down from the peak. if bank nifty behave sideways for a week and invite sellers then uptrend will continue. Market is supreme . Plan your trade as per Behaviour. Only for educational purposes .
Nice in candle range model 4Hour HTF Key level which was FOMC Low has had a slight tap of liquidity swept
30M Fu Retest + 1m FU Formation as confirmation for the buy Liquditiy to target to the upside
There were some wild moves across US stock indices last night as investors responded to the Federal Reserve’s FOMC statement and Fed Chair Jerome Powell’s subsequent press conference. The major indices were in negative territory ahead of the rate announcement, but then bounced sharply after the FOMC left rates unchanged as expected, and on the back of a benign...
Nasdaq Market Analysis Report Overview The Nasdaq Composite Index has displayed a bearish breakout from a prominent top pattern on the daily chart. This pattern followed a strong bullish trend, indicating a potential shift into a trading range rather than a fully-fledged bear trend. I'll analyze where the market could find a bottom, explore potential trading...
Possible Setup. Higher TF is bearish based on price action. Market reacting to fib area. Let's see if the sellers are in for the downside
Possible Setup. Higher TF is bearish based on price action. Market reacting to fib area. Let's see if the sellers are in for the downside
I’d like to see us grab liquidity, below the bullish momentum from yesterday’s FOMC session which caused a surge in price on US30, I believe big player will drive price down to grab liquidity. Looking for longs at around 37600-37550
The price is currently following a bearish trajectory, targeting a level of 4997. It is essential for the price to close a 4-hour candle below this level to continue the downtrend towards 4953. Stabilizing the price below 5054 will reinforce the bearish trend, potentially leading to price levels of 5021 and then 4997. Therefore, the expected range of movement...