BANKNIFTY is at SELLER'S ZONE It is goood level to sell in this range 33714 to 34287
Looking for a nice short on US100 as the market pushes higher into resistance which is also one of my FIB kill-zone. Double confluence also looking for a nice rejection candle to stack to my confluence.
Impulsive down move formed on March 23, breaking structure to the south after liquidity grab. Market makers are now mitigating their position, going up to the order block. A sub-sequent down move is awaited once the price hits the order block
setup looks really great that how market took all the liquidity and knock off the tipical technical analyist
DISCLAIMER 1) You should consider your own Risk:Reward ratio and do proper lot sizing according to your margin and leverage level. 2 ) Not every idea is a valid trade. Some are pending orders. 3) This analysis is just a trading idea, not a trading signal for you. 4) My own trend direction estimation, entry point, stop loss and take profit levels are shown on...
But - 820 Stop loss - 900 Target - 875 Risk : Reward = 1 : 2
I am looking at a SUPPLY zone on the 5-minute chart. The supply zone is greyed because there is a lot of trading happening to the left of it.
AUD jpy broke the trend line resistance and rejected from resistance now market is back at that supply area and market probably going down look or bearish confirmation and enter short with your own money management patience is the key
I am looking to sell from the supply zone for what could be at least a 5:1 RR. I do not underestimate the Demand Zones below. But there is only one really that concerns me. Either way, depending on the entry, I'll be looking to get out if I feel it is turning on me.
USDCAD Short from Weekly Supply
USDCAD Short off WEEKLY SUPPLY
Nasdaq has created an all time high, but with the US not taking Coronavirus lightly and with the BLM protests and Trade war in place all fundamental news - with this, technology stocks have seen incredible growth but has the growth paused or now come to an end and needs retracing? What can we see technically? - Daily bearish but breaking momentum short has now...