Anticipating Prolonged Bearish Consolidation for BTC: Brace for Support Levels as I Hold a Short Position I hope my support zones will be visited soon. Planning to take partial profits within those zones...
FDC is facing resistance after August 2023. If it breaks either we can go long or wait for it to retest. Or is on weekly timeframe so I may go long immediately instead of waiting for it to retest. 15% achievable.
IEX is retesting 164 and if it takes off then it will take off for good. It's a good stock and on the weekly time frame it looks to take off. If it does take off then get on the trade. Anywhere between 12-18% is achievable in a fairly good timeline of a month or 2.
Is Infosys at a really important resistance? Can we go long if it breaks? Or should we wait for retest upon breaking the resistance? Mukund
Is USDJPY exhausting at strong resistance level? As the price is been on high bull run but now it seems like price is lacking bullish momentum after reaching at resistance level and bearish divergence suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 143 followed by 140. What you guys think of it?
Hello Everyone. Resistance level 💲 Entry Point : 1.64310 🟢 TP 1.62435 🔴 SL 1.65190 Please support us with like & comment & Follow Disclaimer --------------- Trading is risky we all take loses your responsibility is to not take more than 1% to 2% loss per trade and double your profits.
Is EURJPY exhausting at resistance zone? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 157. What you guys think of it?
Hello Everyone 🙋🏽♂️ Breakout + resistance not breaking 💲 Entry Point : 1.27153 ✔️ Tp 1.23510 🔴 SL 1.28575 We are not...
Uncertain EURUSD, but These Levels are likely Important Dear Esteemed Members, I know when I say the EUR can go up or down, doesn't seem to be useful, but I believe the outcome depends on resistance or support break and fundamental factors. As per the latest technical analysis updates, it is widely agreed that the EUR/USD exchange rate is currently...
GBPJPY is trading in range bound with 500 pips range. some time ranges are the best things to play just buy the support and sell the resistance. as this one is 500 pips range which can deliver fine risk to reward. currently the price is at resistance level and being rejected due to sell pressure. will the pair head back to support area ? what you guys think of this idea ?
After reaching the 4H resistance zone, Bitcoin experienced a sharp drop. In my opinion, this was a movement to correct the trend, and according to the previous analysis, we can hope for the continuation of the upward trend. Continuing the movement of the new resistance area of 45100 and 46450 are still Bitcoin's targets for the future.
On Dec 20 - almost 10+ sectors in Nifty faced their individual resistances together - which " Triggered " a coordinated sell-off. I once again say the word - Trigger because FIIs and DIIs just kick started a sell-off and Retailer investors fell into the trap when they saw all their stocks across sectors started falling together. Just panic selling. At the end...
We got what we came for!! We have a very nice rejection near the $45K zone, which shows demand for further movement to lower zoes. Remember, the longer the tree grows, the harder it falls. We are still way too expanded and overbought on BTC, so keep your eyes open for potential further movement to lower zones! The start looks promising, but we gotta be careful...
On Weekly Chart - After the Cup and Handle BO - Nifty retested the BO zone and bounced forming a Rounding Bottom BO. The Target for RB is 21820. The Multi-year trendline resistance is likely to cross around 21900-22000. Given India Vix BO, Nifty might face sharp correction after testing 21820-21900 levels. Keep a tab on individual stocks and...
Remember the Great Sudden Multi-Sector Fall of Dec 20, 2023 where Almost all Sectors of NSE/BSE fell together ??? Refer our 8 Part Series - Decoding the Mystery of the Dec 20 Fall for more explanation of why we faced Major Selling Pressure Across Sectors Is there a possibility of something Similar on the New Year Week ??? - Before we say Yes / No - let's first...
Introduction: 🌐 STRAX is under the spotlight as the trader strategically accumulates for potential gains! The coin has been consolidating within the historical resistance zone of $1.19 - $1.27 for the past two months. With substantial accumulation and significant volumes, the trader anticipates an impending breakout, projecting bullish momentum in the coming...
Introduction: 🌐 Solana (SOL) has made an impressive journey, surging beyond the crucial $78 resistance and reaching the psychological milestone of $100. While breaching $100 remains a challenge due to profit-taking expectations, the analyst anticipates potential pullbacks from this level. Key Levels: ❗️ The immediate focus is on solidifying above $80, ensuring a...
Introduction: 🌐 Bitcoin (BTC) is painting a promising picture on the 4-hour chart with the formation of a "bullish flag" right above the breached resistance zone and below the -27% Fibonacci level. A breakout above the flag's upper boundary is anticipated to initiate a rally towards $45-46K. Technical Analysis: 📊 The 4-hour chart showcases the development of...