S&P 500 looks like its about to touch the previous support and move further downside, which might be contribute to an impulse pullback
Crude seems to be reaching 112, but will it make a new high?
BTC is approaching a major rejection area, based on the weekly trendline.
Rejection at 45k. If it breaks this level, definitely we might see impulse movement
After almost a day of accumulation, looks like its gonna test the trendline and move upwards
Nifty looks like gap filling and forming a raising wedge pattern. On breaking the wedge, chances are that it might reach 17000
BTC looks like its gonna reach 45k and then 49k. Also, daily bearish candles looks very weak. Good to go long on breakout, i guess!
Price retested the previous resistance. Time to go long. SL below 16600
Nifty is gonna bounce back from the purple line. The exact point acted as a support as well as resistance in the past.
Looks like BTC is gonna touch the top of the wedge again, where there is a strong demand.
Nifty is gonna bounce back in one of those trendlines. Possibly the green one
BitCoin is restesting the top line of the wedge. Time to go long...
NIFTY50 might take a couple of days to break the resistance level 17600, as Dow Jones is at crucial resistance level. Possible downside of 300 points before moving up.
NIFTY 50 might form a pendant pattern for the next couple of months, so that the big shots can accumulate to break ATH. Unless, it moves to 16000.