As I stated before dollar hit my rejection area. If you check the economic calendar we had news for GBP @4:30. We created a bullish gap when that news came out. This set a stage for my trade idea for an entry. Why? My bias short term is bearish and I have a bearish target. Disrespect of a gap that was created in the opposite direction of my bias would validate...
Important levels for Egx30 and some Trendlines the Green wide uptrend line is important.. 26316 Should be Stop for a bigger Downtrend..
This one was interesting tbh, 15M TF analysis worked a treat if anyone followed. We did have a NWOG that was instantly cleared on SP on NAS but on DOW it was not cleared until US Open, That also acted as resistance alongside the 15M OB to not allow price to push down further to my below targets. So immediately we have had a RIP of the above FVG from the 71% level,...
A strong resistance around 22447 blocked the bull rally of Nifty today. If this resistance is not crossed the Nifty will try to re-test the supports. There is a strong support in the range of 22279 and 22312 region which includes 50 EMA, 200 EMA (Mother Father lines) and a trend line support. If these supports are broken we can see weakness which can lead Nifty...
So yesterday using my analysis 15M TF, shared on here was the ultimate guide. Was quite effective to navigate, bottom line is i see this as an overall correction move as price has not yet had a decent retracement in price since Fridays bullish action. Going forward since open on Tuesday price has continued to push up since asian session and on todays London...
In the previous TradingView article we spoke about FOMO (Fear of Missing Out). And why it is really not necessary to deal with. There is always the next trade coming. There is always another opportunity coming your way. There is always time to take the next one. No we are going to unpack the five hidden dangers of trading with FOMO and how to sidestep them...
POI areas for today. I'm waiting for price to take liquidity and react to these areas. I shall personally take entries dependent on how price reacts in these zones. If price takes liquidity on the 1m timeframe in any area and shoots towards a POI, then that POI is more then likely invalidated. If price slows down before reaching a POI, then it's more then likely...
Europe's stock markets have extended initial gains at the start of the session and have recovered around 1% from the previous day. The British FTSE100 is back to its historical highs, while the EURoStoxx 50 is once again pushing towards 5,000 points, with SAP being the company that has published the best results report, climbing close to +4%. The Dutch company...
Nifty and Bank Nifty analysis and trade plan for 24th April
DXY showing support, i dont trade this index, but have used this to support current trading against other pairs
-I will choose according to the analysis to buy -I will divide the risk in half to execute 2 entries (maximum risk 0.5% per trade)
Support 37400 And daily support price 38287 Long structure HH and HL Long idea 39400 Profit Target
So, looking at recent moves in US30, it seems as though we can expect some bearish move to 381995.15 as a low hanging fruit objective. If the bearishness is maintained, I would be looking for price to reach 37975.49 level. I have tried to explain my thinking in the recording. It is my first video, so I am still learning to be more articulate. I hope overall, it...
Looking for an up move or down move Overall there is a wick above that could act as a resistance
Breaker block rejection zone was reached. I’ll be waiting for by open to start moving price again before I enter any trades personally. We have news coming out this morning and price action is supporting the short term bearish movement. Next update should be a trade idea for a sell down
Nasdaq (NDX) finally hit yesterday our long-term bearish Target (17130), which we called a while ago (March 12, see chart below) but was postponed due to the Double Top formation: The index is now on a mixed sentiment as even though it is on a correction sequence below the 1D MA100 (green trend-line), the 1D RSI hit the 30.00 oversold limit as this Bearish...
// use 5mtf // i give pairs of lines colored red and blue . if you have any more conformations you can take tardes form that areas
23rd April DXY: Likely to range between 106 and 106.40, needs to stay above 105.80 NZDUSD: Sell 0.5895 SL 15 TP 30 AUDUSD: Buy 0.6465 SL 25 TP 70 (Aud CPI Tmr) USDJPY: Sell Order 154.70 SL SL 20 TP 80 (wait for price to break above 154.85 before setting order) GBPUSD: Sell 1.2370 SL 20 TP 60 EURUSD: Look for reaction along 1.0760, rejection, Sell 1.0715 SL...