GBPJPY D1 In yesterday's trading session, we witnessed a notable rebound around the 185 handle, surging an impressive 200 points and achieving a 3R gain. However, the current price is encountering some resistance, suggesting a potential slight dip before the anticipated upswing in the next wave.
Below mentioned points are discussed in my post analysis video(Fast forward to 0:50 for Hindi Audio) -No Trades in the morning -Very poor Volumes in Banknifty in the morning -Nifty Futures Had Same Structures as Yesterday But Different. -How will i trade when market opens tom
EUR/GBP Short • If price pushes up above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until...
The era of high interest rates may not persist for much longer. Or, at least, that's what price is telling us. The US dollar sold off against pretty much all of its counterparts, maybe except for the Canadian dollar. It appears that investors believe that the Federal Reserve may not be sustaining a higher interest rate position and US dollar longs are closing out...
Below mentioned points are discussed in my post analysis video(Fast forward to 0:40 for Hindi Audio) -No Trades in the morning -Sold Nifty Future At vwap once 19750 broke -Day High Break in Nifty Futures would have triggered a buy for me -How will i trade when market opens tom
GBP/CHF Long • If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will...
Waiting for a break and retest of 1.8190 to long EURAUD back to Daily swing high at 1.69875 If you agree drop a like and if you have any questions leave a comment :)
Below mentioned points are discussed in my post analysis video(Fast forward to 0:50 for Hindi Audio) -No Trades in the morning -Nifty 1hr did not close below Yesterday's Levels -Banknifty was a sell at vwap with a Sl 44010 -How will i trade when market opens on monday
We expect further downside on this pair, signalled by the formation of an expanding triangle pattern breakout. We can also see the breakout, close and retest of the price below the key level on lower time frames, further supporting our directional basis. The trend has changed from bullish to bearish.
GBP/CHF Long • If price impulses up, it does so in a convincing manner and a tight flag forms, then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I...
Below mentioned points are discussed in my post analysis video(Fast forward to 0:52 for Hindi Audio) -No Trades in the morning -Sold Nifty near yesterday high and sl was hit -19750-19770 in nifty future is a good level to watch -How will i trade when market opens tom
GBP/CHF Long • If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will...
A look at the Market Sentiment and trading opportunities on offer for the session. Review of the price action we want to see prior to an entry Setup. The only Trades which have been highlighted are ones coming off a level and showing promise.
GBPNZD has been such a weird pair for me. It gives off bearish vibes as annotated in my original analysis. As labelled on my chart, I entered short last week and got stopped out a few days later. Now that price entered and then exited the previous range on the downside, I'm enticed to make another attempt at a short entry. Plan is to wait for 1-2 more daily...
Back in October, I managed to capitalized on the initial range breakout. Another momentum play has been observed based on the price action detailed below. Price forms a lower high, which also indicates that we're likely seeing a price ceiling. Momentum picks up towards the downside on the neckline break. The range era has come to an end as price breaches...
We expect further upside on this pair, signalled by the breakout of the counter trendline. We can also see the breakout, close and retest of price above a key level further supporting our directional basis.
Below mentioned points are discussed in my post analysis video(Fast forward to 0:40 for Hindi Audio) -No Trades in the morning -A 1% gap up in Nifty wasn't expected. -Target was a break above 19700 in Nifty Spot, but it was sideways. -How will i trade when market opens tom
GBP/USD Short • If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will...