the_paradox

the_paradox Updated 

At 4H timeframe the bullish flag patter got a breakout. Now the market is retesting the support 2032. The swing marked in black is a swing now, if a 1H candle closes above 2045.05 then is a indication of impulse of the swing. The target and SL is marked in the chart. Risk: Reward ratio 1:2.73

10:26

the_paradox Updated 

Gold weekly is in bull(Impulse wave already in move). 4H timeframe :: There is falling wedge pattern Falling Wedge :: TP : 2091.10 SL : 2013.39 D timeframe :: There is a swing and bullish flag. bullish flag :: TP : 2166.70 ...

06:33

the_paradox Updated 

Daily time frame has swing breakout and Inverted H&S pattern as well. the Inverted H&S pattern has 1:1.69 as risk reward ratio.

12:09

the_paradox Updated 

hi traders, The current swing of the XAUUSD in daily time frame got delicious risk: reward ratio. If the 4H candle closes above 2041.29, the impulse wave of the swing starts. SL : 2009.96 Target : 2228.13 Risk : Reward => 1:6.07

10:19

the_paradox Updated 

Weekly the oil is in bull swing, the correction phase is done. the daily DB pattern neckline has broke, so the target of daily DB pattern is 93.78. The weekly swing target is 100.

09:12

the_paradox Updated 

The swing in 4H time frame is still in the impulse wave of the daily swing. The impulse of the 4H time frame swing has started(DB neckline breakout level 83.2500) Caution :: FOMC meeting on 20 Sep'23 11:30PM IST and the current market price is at the weekly resistance of the ascending triangle pattern.

15:01

the_paradox Updated 

The market looks bullish in daily time frame. The FOMC meeting on 19/20 Sep'23 is expected the pause the interest rate at 5.50%, which keeps the USDINR less volatile. If the interest rate is increased USDINR will be bullish. There is 3 more trading sessions to decide the direction. www.federalreserve.gov www.forexfactory.com www.nseindia.com

06:51

the_paradox Updated 

hello traders, The market is at the verge of the ascending triangle breakout. The market is bearish today, so adding small positions at every possible dips at the far out of the expiry will be fruitful once the breakout happens and rally starts.

09:52

the_paradox Updated 

Daily time frame took a support at the weekly support(Ascending triangle pattern). 4H timeframe the market is in range bound. The range bound has broke out, aggressive traders can consider to enter the marker, conservative traders may wait for the re-test and consider the swing.

12:31

the_paradox Updated 

Crude oil is in cyclic double bottom pattern. Weekly Time frame :: If a weekly candle closes above the 82.60, can expect a long bullish run of crude oil till 124 USD. Daily Time frame :: In daily you can notice a DB pattern, I have drawn a descending trend line in which there is a short sell possibility for now. But this short is a...

13:12

the_paradox Updated 

For a daily swing trend, At 4H time frame there was a breakout for inverted H&S & descending triangle pattern. From the CMP the target till the daily resistance, the SL considering the Inverted H&S or Daily support the risk : reward ratio are 1:44 and 1:25 are respectively. Both the risk : reward ratios are good. If my description is confusion please watch the...

08:37

the_paradox Updated 

At a daily timeframe there is double bottom neckline pattern. if the neckline breaks, the bull in the market will get stronger. The daily and weekly support looks strong. Disclaimer : The CMP is at the monthly strong resistance so trade with tight SL.

15:27

the_paradox Updated 

The CMP(current market price) is at weekly resistance zone. Below scenarios can happen: 1. Bear :: If a daily candle closes below 82.5920, advisable not to enter the market as the triangle is about to converge leading to triangle breakout & also the Risk: Reward ratio would be small. 2. Bull :: If a weekly closes above 83.2850, this is a ascending triangle...

07:33

the_paradox

Daily is in Bull trend, but at 4H time frame the market is in range bound. If a 4H candle closes above 83.1575, then bull will be in control. The risk : reward ratio is 1:2.68 to 1:3.58.

the_paradox Updated 

In weekly the market is in Ascending triangle pattern. where the current market price is at weekly resistance. In daily time frame there is change in trend(from bull to bear) formed by double top neckline breakout, so the market is expected to fall further till the weekly ascending trend line(support). After the DT neckline breakout now the market is in retest,...

10:18

the_paradox Updated 

In this video I have covered the possible move in USDINR, GBPINR, USOIL. If there is any breakout confirmation I'll post the videos again.

15:02

the_paradox

CMP is at weekly ascending trendline. Daily there is a bull swing, and 4H a descending triangle pattern(market retest in 4H). If a 4H candle closes above 105.6653 can go for buy. The SL & target level are discussed in the video.

10:13

the_paradox Updated 

Hi traders, Ascending triangle pattern in Weekly timeframe. The current market is at Weekly support, if a 4H candle closes above 82.1400 can expect a bulls in the market. The risk : reward ratio is 1:3 which is a good trade. Fed meeting is on 26 July 2023, and expected to raise the interest rates by 0.25.