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...
BANKNIFTY INDEX Key highlights: 💡⚡ 📈 On 1 Hour Time Frame Banknifty Index Showing Reversal of Rising Wedge Pattern. 📈 It can give movement upto the Reversal Final target of Above 48400+. 📈 There have chances of breakout of Resistance level too. 📈 After breakout of Resistance level this Banknifty index can gives strong upside rally upto Above 50670+. 📈 Can Go Long...
Nifty will be gap down opening in today's session. After opening nifty start trading below 21930 level and then possible downside rally up to 21810 in today's session. in case nifty trades above 22000 level then the upside target can go up to the 22120 level.
Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 46950 level then possible downside rally of 400-500 points upto 46550 Level & this rally can entend another 400 points if market gives breakdown 46450 level in todays session.Any Major upside only expected in case banknifty starts trading above 47050 level.
Has been away awhile from here! Hope everyone is doing well in the stock market! Let's dive into our analysis on SIA C6L Recent fall shows signs of volume supporting the price at the previous low in the 5 mins chart (yellow box). With price moving slightly higher could be a sign of short term rebound is on the way. Our trading method: Taking advantage to...
We see that price has moved out of the ascending channel on Daily and 4HTF and currently it has formed a flag to commit to the downside. If the third touch holds with a convinced signal. Then I'll be taking a short on this Pair. If you found this helpful please support your fellow trader with a like.
Yes bank can be to the sell side in upcoming time, because the price action is showing the selling pressure therefore...
Hello, dear friends 2024 is definitely an exciting year for crypto. I hope you stay (: We see one of the attractive currencies. Considering the use of the resistance range of $274, we expect the price to grow up to the specified range. The price area of $251 and $226.5 are our low risk areas What do you think?
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 47050 level then possible upside rally of 400-500 points upto 47450 level & this rally can extend another 400 points if market gives breakout 47550 level in todays session.Any Major downside only expected in case banknifty starts trading below 46950 level.also possible Reversal...
NSE:INDIGO recently made ATH and now retesting the same level, Given all support, trend, resistance levels. Sustaining above BO levels will give new higher levels. Keep in your watchlist. Show your love to share these analysis...
Hi everyone, Technical Trader here. Awaiting confirmation on the Daily and (maybe Weekly) to see whether we can fill the Monthly candle stick wick. Price approached the yearly mark (Jan 2014) and was rejected. Clear Channel, but could it break? I've not got a bias on this one just yet, but I will be watching over the next few days.
Based on the previous analysis, we stayed on course as indicated by the blue scenario, which is indicated by the blue arrow indicator. Liquidity was subsequently withdrawn, prompting an immediate reaction from 4.7%. Installing an "OB" near the wick provides an increased level of confidence in the effectiveness of the identified zone. In addition, the...
Nifty will be gap down opening in today's session. After opening nifty start trading below 22450 level and then possible downside rally up to 22330 in today's session. in case nifty trades above 22520 level then the upside target can go up to the 22640 level.
📣 Hello Mates! Yesterday in Gold Idea Already, we mentioned that Gold would likely turn from the $2159.00 or $2169.00 area because $2170.00 presents a strong resistance area. Today, we have $2180.00 as another good resistance level. So, hopefully, Gold will not break resistance and sell from our resistance. Our target for today is $2125.00 Since today is NFP...
📣 Hello Mates! We can see GBP/JPY is currently running sideways with no clear direction. However, our prediction is that GBP/JPY will go for a sell and reach our targets of 188.980 and 188.400. We have strong resistance levels at 190.100 and 191.350, along with strong support at 188.900 and 188.400. Although 188.960 is also a strong support level, we believe...
Hope this was helpful for those who are interested in learning! Again, I can't emphasize enough - you're charts don't HAVE to have all these "lines" in order to succeed. I see the market this way without all the chaos. But it is helpful to understanding PA and why price is moving where it is and what kind of strength of buying we need to see in order to have real...