looking to frame a trade setup in a consolidation market before event to target he nearest pool of liquidity
Banknifty Sellside setup on a 15 min time frame with the order flow using premium and discount
Upcoming market moves for the Nifty and Bank Nifty along with learning the concept and Importance of time before price. So We always have to Consider Time as the first element of trading then we have to look for the trading setups
Hello Guys so last week we have seen a decent decline for the downside in euro dollar and massive upside on a dollar index expecting same to continue for the next week. expecting eurusd to keep declining as target is below the support area of 1.0630 level.
As we are in good up trend in CHFJPY there is a great high probability where we can expect it to make a New High. I feel we have done the retracement part now price should rally higher.
As per the Recent Price Actions, it seems Nifty is ready to make a new move for the Upside and target 19980. as we have found some support around 19300. already we are in a long term momentum for the upside.
looking to short GBPJPY upto its support area of 183.40. as we are in bullish trend which seems to be shifted for downside. let see how it pans out.
took the buy position in Euraud after NFP, hope you guys will learn something from it . there is nothing like technical analysis which we have been taught and fed by the books and courses and big entities. markets are totally determined before hand and it is precise and can be timed with price.. no indicator no volume profile no animal pattern or Elliot wave...
My bias for USDCHF is to go short and target 0.8660 level. as we have taken out the buys tops at 0.8800 level with a shift in market structure for downside, so currently we are in a perfect zone to go short.
Expecting a bullish move in EURUSD and target 1.1045 level with stoploss at 1.0933. as we are into a cpi week there could be a manipulation for further downside, so for this setup I would like to keep my risk level low, but yes trade is of high probability and trade environment is risky.
As we are in Deep consolidation phase where we have seen no movement in the price from last 1 week, USDCAD shown some move from yesterday so expecting its further move to be a little retracement and then a decline towards its support of 1.3495 or below
As we are in choppy and consolidation market, expecting a move to arrive for the downside and target 0.8660. we are in a deep long term bearish trend which I expect to resume once we get out of consolidation phase. Expecting Price to Retest its resistance level around 0.8830 level once more before declining.
looking forward for a long move in CHFJPY towards 166.50 level. As we have found some support below 164.80 level. already We are in a strong uptrend on a higher time frame like monthly and weekly charts aligning with daily.
Today is an important event CPI at 8:30am Newyork time, Expecting a first move to be a manipulation one and after that price should drop down towards the target level. As per experience we should always wait for the event to get over and then should take position in a respective trade setup.
As per the weekly chart we are in a perfect place to begin the downward trend. we have take out the weekly buy stops, now waiting for the heavy displacement in the stock price for the downside and move towards Rs2500 per share.
Anticipating a bearish move in bank nifty towards its support level of 45890 or below for liquidity raid in terms of stoploss for retailers. for a setup to enter I am expecting a a heavy displacement in price for downside after that if there is any retracement I would like to enter for short. currently in a consolidation range . see where we get the displacement first.
Looking forward to short HAL as its weekly liquidity is raided expecting price to break down further and target 3825 level. awaiting for price to show a heavy displacement for the downside by crossing the gap area shaded in Blue.. and after the decline if there is any retracement for upside i would like to take an entry for short which represent as an entry zone...
As there is a clear displacement in price for the downside after getting into an imbalance level, now my point of action is to short irctc at current market price and target respective levels with a stoploss og 675