Good evening and i hope you are well. Here is a quote from my substack on Monday about oil: "Most interesting market today. I do believe its a breakout of the bear channel, beginning 2023-09, if bulls can generate follow through tomorrow/Wednesday. The trend line on higher time frames is more of an area than a narrow line with exact prices. But we are there and...
not breaking down means acceptance of higher prices Good evening and i hope you are well. Markets can’t print lower lows and i will stick to my bullish thesis for another leg upwards until bears do. Another day at the highs raises the odds for the bulls, not bears. The rally looks bigger in this chart than it is, we made 26 points from the low, so don’t get...
Good evening and i hope you are well. After such strong rallies, markets tends to form trading ranges instead of another trend in whatever direction. So today, we chopped back and forth. Which is bad for the bears because that means acceptance of higher prices. Only question is then, how high? Most indexes have obvious targets above, which i gave in my weekly...
As long as this does not have a bear close below the 15m 20ema, it's a buy and only buy. Bears might soon step aside and we pop up big again.
Good evening and welcome to the 2024 early bull games. Something like that bears must have felt thursday and friday. S&P500 & Nasdaq futures are breaking out big time and are on their way printing new all time highs. That being said i still think the moves are part of their respective monthly trading ranges and we won’t trade far above. dax cfd Dax was early...
Good evening and i hope you had a good trading day. Bulls took over in the globex session and we never looked back. Yesterday i said in my short term outlook that we go up and we did. nasdaq e-mini futures Most bullish indix of em all. Many of the same as dax for today. Nq just reached higher prices. We are trading 38 points below the december high and i...
Good Morning, i could see dax breaking out of this bull channel to rally upwards. I'd look only for longs here. Here is my recap from yesterday after hours to give more context: Let’s look at the 1h tf because today closed 10 points above the opening price. That tell’s you enough. Opex sold off 100 points to eu open and bulls could not get this above 16560....
Good evening and i hope you are well. We continue the big downs and big ups. Both sides can make money yet bears manage to make lower lows and lower highs. nasdaq e-mini futures Tricky. Bears making new lows but bulls buying it all and closing at the highs. Yet they did not manage to trade above yesterdays open and the globex high. I do think the move from...
best guess is the red channel could hold for bears. got a dip below and now we test the top to make a lower high. it's a weak bull channel upwards. target is also around the daily 20ema. big sell off into close would be nice.
Good Morning, sp500 is currently selling off during globex before the EU session but we are right at multiple support levels and the daily 20ema. If bulls can hold it above 4770, odds favor continuation of the trading range and we might go up to at least 4800 again. If bears can push this below, next target would be 4750 for me. There market has a chance to...
In the past NSE:WIPRO was in a Down Trend, thereafter a Descending Channel formed in this chart which is a Bullish Pattern. Recently price was able to create a HH in this chart which is also a signal for the beginning of a New Uptrend. And the price is currently reacting from a Trap Zone, this should ideally take the price up. The First Target is 452...
NSE:TECHM This stock has fallen a lot in the past and today broke an Important Resistance of a Consolidation. Not only that, it also created a Trap Zone on the way. This stock should go up and give us a minimum of 10 to 15% Return on Investment in quick succession.
As of now, Bitcoin is priced at $42,815, accompanied by a 24-hour trading volume of $24 billion. Its market capitalization stands at $843 billion, commanding 54% of the market share. In the past 24 hours, BTC has encountered a 0.96% decrease in price. With a circulating supply of 19.46 million BTC out of a maximum possible supply of 21 million BTC. Bitcoin's...
BUY ABV - 120 TARGET - 140 Its forming double bottom and Training too. Lets watch and trade. *Candle close is important
Asalam e kum everyone here is gold price Action analyses. if you can see gold is in Buying Trend and now it close on major Risistance so posible setuation are gold will reject from there so now we need to think about sells bcs gold is our bought
NSE:AXISBANK is in an Uptrend making continuous HHs and HLs in the Candlestick Chart. With these HH and HL, the price has created two Bullish Patterns in this Chart: A Cup and Handle Pattern which is a Continuation Pattern, and a Right-Angled Descending Broadening Triangle. We also have a few Trap Zones in this chart; hence my expectation is that the Price of...
NSE:HEROMOTOCO was in Down Trend in the past and now it has started creating HHs and HLs in the candlestick chart, this is a signal of an ongoing Up-Trend. As long as the last HL is holding price should go up and make a new HH in this chart. I have used the Channel tool to find out the right Target for now. The expectation is Price will go up to 3400 i.e., an...
NSE:BAJAJ_AUTO is in an Up-Trend and it is continuously creating Higher Highs and Higher Lows on the Candlestick Chart. As there is no Trend Change signal, hence the expectation is that it will continue its Up-Trend by creating a new Higher Low in this Chart. Price can test the Trendline and the last Resistance before going up. So, we should think of...