isn't that happen too quickly, i mean just before around 40 days bitcoin prices pumped meteorically from 4200 to 4800 on a rumor of a fake news which was circulated as april fool joke that SEC approves Bitcoin's ETF, and weird thing is that no one panics even after this news was refute. recently we've also seen the tether fud which could have great impact on...
. Zcash/US Dollar is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 14.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
. There is a possibility of temporary...
Bitcoin (BTCUSD) retraced strong... We caught the last peak, now we are seeing that a new low has been set...
Before we get started we would like to thank all of our readers, supporters, and followers, and Trading View as a company, its staff, and support, for ranking Alan Masters now as the #1 All-Time Top Cryptocurrency trader and analysts... I am deeply...
I am clear that i am not financial adviosor or not expert, i am just shared my chart or say a possibility BTC can touched $2,00,000 in next bull run,I am used elliot wave for measure the height of chart hoow its gone, date is not mesaurable that why not any perfect date but yes in mid of nov 2020 to feb 2021 is the time when market make new ATH.now its total...
NEW ALL TIME HIGH MUST BE INCOMING IN USD INR ...THAT MEANS BAD ...WORSE FOR INDIAN ECONOMY ..I ASSUME TILL END 2019 WE CAN SEE NEW ALL TIME HIGH IN USD INR .
THAT MEANS I WILL HEDGE MY ASSET VALUED IN INDIAN RUPPEE ..INTO DOLLAR OR WILL LONG THE USD INR PAIR .
READ THE MARKET COMMENTARY IN THE CHART CAREFULLY...AND TRY TO LEARN THE ELLIOT WAVES...OTHERWISE ITS TOUGH TO UNDERSTAND MY ANALYSIS
All information given inside the chart and i shared this for educational purpose only. Maximum i wont give the followup or update in the old chart posted as educational trade idea, sometimes i will...so please make sure if i posted...
it seems an ending diagonal has formed and a bear divergence on the rsi can favor a bearish dip. it might open a new door to big players accumulate but if price really holds 70.65 and 70.32. otherwise it will drive into bearish trend. following long time frame usdinr does not look it will enter into bear trend certainly as usdinr having no favorable sentiment. ...
Systematic Trading: Just reacting to the symbols as they come.
The system starts with appearance of blue dots at the bottom of the chart. These blue dots signifies the setup in making. At the same time, it tells you what trade to take and at what price. If the next set of conditions are met, the system gives you trade signal in the form of a box, with stop loss...
As I wrote last time, we are now getting into consolidation phase. Nifty's chart since last 4 days show Lower highs consistently but higher lows too, except for yesterday when low was marginally lower that previous session's low. But Banknifty clocked higher high and almost same low. These are signs of consolidation. Option chain too is giving confusing signals...
Muted week for the street where major indices gave up some marginal gains from the last week. Nifty lost close to 90 points while the Nifty bank gave up close to 140 points. As mentioned last week the bulls did end up showing demand for the Nifty around 10899 levels and the Nifty bank from 27741 zone. However it seems the street is still watching out for some real...
HighLight tail with Yellow color at value low.
-> Tail detect each time when price taken U-turn.
Wave counting 5 are completed.
Gravitating price is at 11340 as a target.
(suppose to close above 11357, then the next target will be 11468 (more than 90% probabilities).
We may face Resistance at control price 11340 nearby, for target 11189.
95% chance to win if...
In the middle of coiling effect. Let us wait for the structure to finish & feel the real beauty. Happy Weekend
This coiling effect can be called "Ending Diagonal or Falling Wedge"
Plan A (Sell or Short Positions)-
Expect Bounce close to 11300 – 11325 & Sell in the zone 11300-11325 with stops above 11360.
Targets - 11250 / 11200/11150-11175...
Query : I am taking very few trades per day. I am trying to take more trades, but i did not get my planned entry.
Answer : One of the most asked question is this. Most traders think, if they trade more, they can get more profit. Trading is based on probabilities. If your trading plan has high edge, then it has more chances to reach the targets. My mentor once...
Let me ask you a couple of questions and please feel free to answer them in the comments section.
1. What are Indices?
2. Are you applying the same asset trading methods to trade indices?
3. Did you ever think about the real reason for movement in Index? If so what is that?
Kindly take these questions for educational purpose only.
Now, I will answer your...
Bank Nifty is a probable Bullish Harmonic Dragon set up, currently at Ichimoku based support level. A bounce back from here could take it to 29000 where both daily/weekly resistance is found next. View would be negated if it goes and sustains below 27775
Plan A -Risky Traders Sell Call
Going below 11375 only- put strict stops above 11390 & look for 11350- 11280/11290
Plan B –
Buy Above 11400 strict stops below 11375 for 11450-11460 / 11590-11600 / 11700-11725 / 11900-11925
Plan C -
Only above 11980-12000 we shall look for 12200-12300 target zone
Last Video Idea
Is 11461 the Bottoms -...