The pair has been trading in ascending channel, but currently from the 1HTF Perspective price is forming Lower highs and lower lows which is an indication of change in the preceding trend. Expecting the break of channel ,then a Retest or a possible continuation pattern for the move to the downside.
head and shoulder made in tvs motors chart in 1 day tym frame . Sell tvs below 974 Target 931 886 834 812 Sl 1042 We expect good sell in tvs bcz rsi also on its way to breakdown its support
Bandhan bank has been following a downward channel for last one year. Will it be able to break the trend to move out of the channel or will it keep following the downward move ? My bet is on downward .. what's yours?
XAUUSD ANALYSIS PREFERENCE SHORT Long Target 1805/1815 Pivot 1800 Short Target 1785/1781
Am waiting for the next impluse. For further drops (bearish). But note market is still closed so some risky spike might happen so take note. POV still bearish overall Thanks for reading AS ALWAYS TRADE SAFE AND STAY SAFE!
Banknifty look very bearish a hanging man is created in banknifty and nxt day candle was open below it and close below it which support bearishness. Our target for Banknifty in coming week was .. Target 38815 38550 38106 37574 37347 Sl 39475
A very good bearish head&shoulder made in the 1 day chart of Indigo paints soo its a tym to short it or not buy it . Sell Indigo paints below 1479 Target 1444 1395 1365 1350 Sl 1550
Short position @ peak of right shoulder from a bearish Head and Shoulders Top formation. TP1 38.2%; TP2 14.6% Fibonacci Retracement levels.
Elliot Wave continuing from the drop from 25200, ABCDE. Rising Wedge to about 20750-850 (not exact), then a drop from there to 18400-600 as measured from the last drop. Not a guarantee. I haven't entered a short, I might take a swing with my hedge account. Work-In-Progress. This doesn't mean, "short now" but for traders that already have established shorts from...
Hello Guys, BNB is looking bearish here. It is forming inverse cup & handle pattern (which is generally a bearish pattern). Important support area is $273-$278 (support line of inverse cup & handle pattern). If it breaks below the support then we can see more dump ($250ish area) You can open a short position after breakdown of support area with low...
Yet another simple analysis on what I can see playing out. please like my post if you enjoyed this post and to show your support :) RUNE /USDT / RUNE /USD Wyckoff chart pattern playing nicely on the Daily. Currently at the SOW(sign of weakness). Price could dump from here to the next demand zone between $1- $0.76(cents) and ultimately finishing at $0.36(Cents) -...
hey traders, in today's trading session we are monitoring BTCUSD for a selling opportunity around 30k zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
XAU/USD Short (Short-term). Looking to sell XAU if we get a break below that mini resistance zone. We have currently broken the lower TF market structure and now I'm waiting for an inverted Head & Shoulder pattern to form before looking to take Gold higher breaking out of the trendline. This trade is only valid if price breaks below and we get a nice rejection of...
BTC price may bottom around $19,700 because it formed a double top on larger tf and currently sitting around its neckline. The Ukraine-Russia crisis is helping in dumping the market more. Alts will bleed badly. There are very few chances that it will rally up until 2024. If it does not follow the plan and go up then by making the triple top it will still come to $19,700.
Hello everyone. Introducing LUNA to the USD. After a sharp drop from 27/12, Luna drew a bearish flag and tested it from the bottom, which shows a continuation of the downward trend in the medium-term. The convergence of the trend line, 0.5 Fibonacci and a similar percentage decrease act as a magnet in the designated place of my takeprofit Cryptocurrency after...
Hi everyone, the last ETH short trade was successful as well. It was analyzed on 15m time frame so today I decided to scale out to 30m time frame. We caught a super clear bearish pattern on the line all we got to do is risk entry that sells high & buys the dip . By the time that price hits TP 1, we are going to move stop loss to the entry point which makes this...
Hi folks! hope you guys had a cute profit on the latest Ethereum short. This time we will be taking a look at the smaller time frame like 15 min to 1h. As you can see we got a huge impulse on the first wave but for now it's basically exhausted and we got a very beautiful correction movement as well. In my humble opinion, it will break out soon because it is...
Hey everyone, Another strong bearish pattern in form of Head & Shoulder. Price has already brokeout its neckline and is now re-testing that same breakout. We are looking for a 500pips+ drop.