This is one of my setup I dropped yesterday here, so I'm still running on profit waiting for the tp. For more setups like this follow the page. If you are following us conglatulation your are learning every day.
I posted this analysis yesterday and the market is going well. Hopefully to get the to tp
Short Term Elliott Wave view on FTSE suggests that rally from 8.18.2023 low is unfolding as a 5 waves impulse. Up from 8.18.2023 low, wave 1 ended at 7745.82 and pullback in wave 2 ended at 7279.86. Up from there, wave ((i)) ended at 7764.37 and wave ((ii)) pullback ended at 7404.08. The Index then extended higher in wave ((iii)) towards 8015.63 as the 1 hour...
Nifty at 0.618 Fibonacci level Candle = DOJI Down Target = 22100-22050
Bank nifty Spot at 0.618 level at strong resistance zone Down Target = 47300-47200
More the 1% gain brings bulls back party but they may not fully controlled until we close above 50 EMA 5150 levels Hourly changed to up today but daily trend is still down. Day price closed just above 20 EMA and touched 50 EMA today which is positive. now 5040 may act good support and 5100 is good resistance. Most earning are good side but Tesla as worse the...
The Russell 2000 (US2000) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1,984.39 which is a pullback resistance. Stop loss is at 2,035.00 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance. Take profit is at 1,916.07 which is a pullback...
TVC:NI225 has been in bearish trend printing series of Lower Lows and Lower Highs. Currently, It has been retraced to premium fib 75% level where we can look for short opportunities. Will it continue it's bearish momentum ?
What happened in last 24 Hours: 1. Strong US earnings data pushes the USA Indices higher (more than 1%). 2. India VIX crashes nearly 20% in a single day, indicating stability and reduced volatility (as of now) 3. India’s Composite Flash PMI for April indicates stronger economy. 4. IMF expects India to become 4th Largest economy by 2025. 5. FIIs+DIIs are not...
US 30 has made a bullish divergence on 1h and dxy is bearish in aprail month so its right time to place a buy stop at its resiatnace line . I think the market will continue to rise, thanks to the continued strength of the dollar
I think the Dow entered a downtrend, which turned its high into a short position. The price is likely to correct to 38800 and from there continue its downward trend until it reaches the important support of 35,000.
The price has mitigated the 1H FVG with a valid BOS. I expect the price to drop to the newly FVG and rise.
The JPYBasket (“Yen Index”) is a Japanese Yen benchmark and is designed to reflect the change in value of the JPY against a basket of major world currencies.
After the massive selloff of recent weeks, it seems that a countermove is brewing in the NASDAQ. However, bulls should consider that there are now a lot of resistances to overcome. A recovery is therefore likely to be much bumpier than most investors hope for. For long trades, it's advisable to initially choose modest targets.
The CBOE:SPX seems like it won't be held down! Look at the pattern in the circles and then look for the potential path going forward. I don't even want to draw anything else
Nasdaq/US30 is always up to us to know where it is about to go, and now see.... Now we taking buys to the PSTG 1 AND 2 Which now fit
Nasdaq is always up to us to know where it is about to go, and now see.... Now we taking buys to the PSTG 1 AND 2
We observed two unusual breakouts on the DXY chart. The market had been in a consolidation phase for about a week plus, during which the price formed a triangle pattern and a horizontal range. Both the triangle support and the range were broken, indicating strength in selling pressure. This suggests that the price could potentially drop to the 105.00 support level.