what a beautiful setup we found on bn. a trend line support, an evening star right on top. will this be a reversal of a trend.?
Wait till days end to confirm the breakout, if it breaks out there is a possibility of huge upper move.
its time to keep our bias neutral. all we need to do is just follow the price where it goes. at least for now we dont have any bearish sentiments but will keep an eye on todays us market and tommorw news. just remember to follow just one holy grail in the market that is RRR. best of luck traders.
I will still keep my bias downside because of ongoing geopolitical tension and negative market sentiment. I can't really see any positive news yet In the market which make people start buying again like they did in last month. there a chance tomorrow of a trending day. market are gonna be really volatile, so do forgot to maintain your risk&reward best suits to...
is it just for me u or guys can see this too that this gap eventually trying to full fill for tomorrow weekly expiry. I will sell ATM option early in the morning
It made a third touch at my resistance so im assuming it should drop to my TP level ,my analysis speaks for itself,and if it does break my resistance I'll be waiting for it to reach another major resistance to sell even harder
ALL is already explained on charts. the rest we will see tomorrow morning about any good or bad news. overall market sentiments are bearish and no any other positive news yet. thats y we will keep our bias neutral. caz we are at very major levels. we have to keep our RRR. the rest is history.
as we discuss yesterday that we will not take any long trades for today. we didn't take any trade. for tomorrow we don't have another plan we just gonna stick to our yesterday's plan because my bias is still bearish. we all know about today's event raise of interest rates. even as of now when I'm publishing this idea dow jones & s&p500 is almost 1% down. so ya we...
as we see a rangebound day yesterday on bank nifty. maybe there are chances of a trending day today. based on us stock market and temporary market sentiments i will be looking for long opportunities in bank nifty today.
a clear bear dominant market we are in. us market is in deep red. what to expect from nifty50 tomorrow. I just worried about a sideways market tomorrow. have to maintain our RRR in a much more disciplined way. all of the above pure price action levels are here. will wait again for bearish signals.
A simple recap on GJ's long from last night. Hope you find it informative.
I'm right that I cant figure out any support at those market levels. which means if it brokes its major levels it can fall down very quicly. so my bias will remain short tomorrow.
well, my bias will remain short on bank nifty. not be interested in any buy signal tomorrow. we only will take action once our pattern is ready otherwise we will wait on the sidelines for an opportunity. no itchy trading.
Take a look at the price action and how the daily is used in conjunction with the M1 chart. Solid trading by none other than S.G. Gitty-up! 🤠
For the record, I am not a lunatic but rather an unconventional sort of outlier-type of thinker. What can I say... other than that I can not help myself from doing so 😁 From current book titles of "Principles for Dealing with the Changing World Order" to symmetrical price patterns, to brief excursions into some possible contrasts from ancient history with...
This is how I look at price. Maybe some might find value in what I point out. Price is everything!
PATTERN: Ascending Triangle BUY ABOVE 122-123 :If breakout is associated with good volume. SHORTING OPPORTUNITY: IF BREAKS BELOW 102-100 GOOD TARGETS ON BOTH SIDES. BOTH LONG AND SHORT OPPORTUNITIES.
XRP has followed a very consistent pattern found on the monthly chart via it's rises, retraces and closes. It isn't hard to see. Note my previous linked vids I have done in the past. There is no sense in churning out vid after vid each week on XRP like all the Youtubers who need their click revenue. But then again, maybe you're trying to scalp or day trade it....