In summary, if you are in (or considering buying) shares, this is Mid-term bearish. I would highly recommend against entering or adding shares here. You will likely have a better chance to exit/sell in the 330s around March 11-12th. For those playing options, I can share my strategy - you'll have to be nimble to swing this for profits, but very do-able since I...
Hi guys Bitcoin halving is 32 days away. If we look at the previous patterns, about 500 days after the halving we had an uptrend. Compared to the past 500 days after this 32 days before halving, which price zone do you think will be seen!? Remember that all price corrections are the right time to buy. As soon as the rally starts, we probably won't stop.
Gold prices hold steady below record highs as traders await further signals on the Fed's roadmap for interest rate cuts Area 2172 is the first important hook that gold is trying to break to continue forming a downtrend. Area 2163 is our take profit point when the price touches fibonacci 2.618 and the Dow breakout point yesterday. The whole market's expectations...
Nifty will be gap down opening in today's session. After opening nifty start trading below 21980 level and then possible downside rally up to 21860 in today's session. in case nifty trades above 22010 level then the upside target can go up to the 22130 level.
Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 46450 level then possible downside rally of 400-500 points upto 46050 Level & this rally can entend another 400 points if market gives breakdown 45950 level in todays session.Any Major upside only expected in case banknifty starts trading above 46550 level.
As we approach the impending halving event in 2024, slated to commence in a month, speculation arises regarding its potential outcomes. Historical data provides insights into recurring patterns, yet uncertainty looms regarding whether past scenarios will manifest once again. We invite your insights: Do you foresee growth or a departure from traditional trends...
Nifty will be gap up opening in today's session. After opening nifty sustain above 22080 level and then possible upside rally up to 22200 level in today's session. in case nifty trades below 22030 level then the downside target can go up to the 21910 level.
Greetings everyone! I would like to share with you the analysis of DOT (Polkadot). We have successfully exited the descending structure, which indicates a transition to the ascending structure. However, this does not prevent us from looking for short-term corrective trades with good reasons. We are currently seeing the filling of the monthly imbalance in the...
☘️Entry BUY EURUSD is the most important support point for this currency pair if you want to continue maintaining the uptrend. The old trendline and Breakout point increase our confidence when making this BUY signal. Italian Retail Sales news today is also showing support for the EUR. The US economic data is unfavorable for DXY in the short term, we can also...
☘️Gold prices are consolidating above $2,160 early Friday, as risk sentiment remains sour and supports the rising US Dollar. Gold prices fell on Thursday after traders began to take profits when gold failed to break the 2185 resistance level. The latest US PPI data beat market expectations and last month's figures, but the dollar and US interest rate cut...
The Gold price (XAU/USD) surges to a new record high above $2,180 as yields on 10-year US bonds dip to 4.04% following the release of the US NFP data. According to the US Bureau of Labor Statistics, the Unemployment Rate climbed to 3.9%, exceeding expectations and up from the previous 3.7%. While Nonfarm Payrolls for February surpassed projections at 275K...
The Pound Sterling (GBP) gains strength as market sentiment improves, driven by a growing appetite for risk-sensitive assets. This sentiment is reinforced by soft wage growth and a sharp rise in the Unemployment Rate reported by the United States Bureau of Labor Statistics (BLS) for February. The outlook for the GBP/USD pair remains positive, with widespread...
Hi guys For Bitcoin, if the short-term uptrend line remains intact, the possibility of a continuation of the uptrend is strengthened. Due to the issued negative divergence and price compression in the upward trend, the weight of a downward-corrective trend is currently high. What do you think?
In the video I discuss a few live trades and the reasoning behind the entries. I also talk about the lead up price action that is important to note when managing the trades. I then discuss the same basic concepts applied to price action on the DOW and where the prime entries were and reasons for them. The basic concepts discussed are : - Momentum - Price...
Recent short term rebound shows peak sign yesterday with morning price surge erased in the afternoon. Which indicates selling pressure are coming back after rebound. We entered into a Callable Bear Contract yesterday at the peak with the analysis of current downtrend reacts more sensitive to sign of selling pressures. Which we see a possible short term price...
GBPJPY is approaching an area of value in a corrective manner (Ascending channel). If the third touch holds I'll be looking for an impulsive move downward followed by a 15min flag continuation pattern, with a verified entry signal at the Top of the flag (Risk entry type) or a Breakout and retest of the flag a (reduced Risk Entry type).
Gold has been retracing. This retracement to the 2177 area has come to an end. A massive fall is now playing out. I expect price to fall below 2153 (EQ LOWS) and continue to plummet. --------------------------------- Patience is key!
NIFTY 50 INDEX Key highlights: 💡⚡ 📈 On 1 Hour Time Frame Nifty Index Showing Reversal of Broadening Wedge Pattern. 📈 It can give movement upto the Reversal Final target of Above 22600+. 📈 There have chances of breakout of Resistance level too. 📈 After breakout of Resistance level this nifty index can gives strong upside rally upto Above 23150+. 📈 Can Go Long in...