Discover an enticing Selling opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
CDSL has given a breakout and is now retesting at the breakout level. This could be a good entry opportunity as short term and mid term momentum is also good
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 46050 level then possible upside rally of 400-500 points upto 46450 level & this rally can extend another 400 points if market gives breakout 46550 level in todays session .Any Major downside only expected in case banknifty starts trading below 45950 level. also possible Reversal...
Hi Traders! There is a potential breakout on SILVER as it tries again to break the long-term support level. Here are the details: Looking at the price action, it looks bearish; the market swings are lower with lower highs and lower lows. The market has broken and closed under the 20 EMA, and this is the third time around the 21.885 support level. The plan is...
Hi Traders! There is a bull flag pattern developed on the DXY 4H chart. Here are the details: The price action looks bullish, and the market looks like it is about to complete the consolidation phase in the flag's channel as the flag pattern is in its late stages. The market is still above the 20 EMA, which is a bullish signal. As long as the market remains...
We just had more volume this week with Nord than any other week to date. This is huge We called nord back in November due to extremely High Volume when the Price Bottomed Out Showing True Bullish Potential. Nord has already had days where it's ran as high as 400% and for a limited time only is close to it's original buy in price of 10 cents! Seriously this is an...
Hi Traders! USDJPY is near the psychological 150.000 level, and it looks to possibly re-test its 3-month high at 151.911. Here are the details: Looking at the price action, it looks bullish; the bull flag, along with the previous yearly high, has broken. The next big test is as the market approaches the 150 handle. There may be some strong resistance here, as...
Greetings Traders! GBPCAD has displayed a robust bullish impulse, driving it towards an internal resistance level, signaling a potential corrective phase characterized by a classic rising triangle chart pattern. Should the price successfully breach the resistance trendline of this triangle pattern and sustain its position above the internal resistance, the...
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 45050 level then possible upside rally of 400-500 points upto 45450 level .Any Major downside only expected in case banknifty starts trading below 44950 level & this rally can extend another 400 points if market gives breakdown 44450 level.also possible reversal upside 44550 level.
This post showing the all possible price action situations occurs in BANKNIFTY since last few days. 1) Uptrend Channel 2) Falling Wedge Pattern 3) Flag Pattern 4) Head and Shoulder Pattern 5) Parallel Channel 6) Rising Wedge Pattern 7) Ascending Triangle Pattern
A bearish flag pattern has formed on the daily EUR/USD chart following a downtrend that lasts since the end of 2023. The pole and the flag's borders are shown with the yellow lines. The stop-loss level (the red line at 1.07953) is set to the highest point of the flag area. The take-profit level (the green line at 1.06210) is set to the pole's length subtracted...
Numerous indicators are showing that Bitcoin may want to retest that 48k resistance level again. The retest comes quicker than I anticipated by I am not going to fight price action here. VRVP and FRVP support strong accumulation at or near the neckline of that inverse H&S pattern I have drawn. Neckline has been broken to the upside where there is not a lot of...
AUD USD has formed a Rising Wedge Continuation pattern on the 1hr timeframe, Waiting for a retest of the broken HL for a sell entry. Are you seeing this too ?
Nifty will be gap down opening in today's session. After opening nifty start trading below 21730 level and then possible downside rally up to 21610 in today's session. in case nifty trades above 21810 level then the upside target can go up to the 21930 level.
Hi Traders! There may be a break soon as USDCAD looks to test the 1.35440 resistance area for a third time. Here are the details: The price action looks bullish; the market swings are getting higher, and the 20 EMA support re-test has held. Our idea here is to buy market dips leading up to 1.35440 for a possible break above if the bullish momentum continues....
6M chart shows a Double bottom breakout, we need to wait till December closing, aggressive investors may consider trade now. This shows a potential 100% return from here. Monthly and weekly chart shows an all time high breakout, after 5 years of consolidation and hitting the same supply region. This chart shows opportunity for swing and short term. 75 minutes...
AUD USD has formed an inverted head and shoulders pattern with a break and retest. Still waiting for strong candlesticks confirmation to go long
Necklace Pattern Breakout- Omaz Auto Ltd Looks like multi year range is ready for a breakout after repeated failed attempts. Let's see how market reacts to this attempt. This is not a Buy/Sell Call. Chart shared for educational purpose only.