Litecoin is tracking higher alongside the broader cryptocurrency market, leaving the fifth-largest digital currency plenty of space to advance this week. LTCUSD bulls need to hold price above the $73.50 level to encourage a test of the $80.00 resistance level. Overall, the psychological $100.00 level still remains the preferred upside target if the short-term...
Bitcoin (BTCUSD) just broke with a big red candle below support... This is no surprise as we were expecting a drop.
On the chart above you can see the different support levels (blue) and resistance levels (magenta).
This breakdown just started so it needs time to develop...
Here you can see our full trade for this setup, here you can find specific details for...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=134.5.
But the short term forecast is range bound, so we expect to reach the following targets:
Set the stoploss of these orders at breakout of S2=134.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=134.
The British pound has fallen back towards the 1.2400 level against the US dollar, reversing negative MACD price divergence on the lower time frames. GBPUSD bulls still have the upper hand this week while price trades above the pivotal 1.2385 level. Wednesday remains a crucial day for sterling as traders await the release of UK CPI inflation data and the FOMC rate...
Everyone tells that FII or DII's withdraw money after today's market. But breadth tools help you to understand this information during market hours.
TREND ALWAYS BENDS BEFORE BREADTH TOOLS
Selling pressure continued in Bank Nifty? The proof is withdrawals from the Cash Market.
You can literally see that Money withdrawal in the live market with "Bank Nifty...
Last night after I finished writing here, I remembered index movement after demonetisation night (8th November 2016). On 9th morning, Nifty opened almost 500 points down but recovered intraday massively and closed very near to previous close. However, as the knowledge and crisis started to sink in Nifty kept falling for next 6-7 days surpassing low made on 9th...
a head and shoulder in nifty is visible with lower low lower high formation.
in intraday today as we broke swing low of 10950 we saw a fast down move hence breaking trendline support
now going forward what possible trades can be taken?
one simple strategy can sell all bounce with...
Crude has been moving sideways for the better part of the day and now looks poised for a down swing.
The trade setup provides an excellent risk-reward ratio. Entry on break....still awaited.
All the best!
This idea is dedicated to Late Shri Arun Jaitley- Ex, FM (Finance Minister).
If Index opens gap up – hold you long positions with 10795 as stop which was mentioned in status update on 23rd Aug 2019
Look for target 11025-11050 / Going above 11050 – Expect 11090-11120
Note – Do not hold your long positions in 11050-11100 zones
This is my first video of Live analysis of the stock, in general I'll be plotting the trend lines and done my home work and start explain, now I'd like to post a live analysis, many people laging on tha, It will be helpful for new people who are get enter to the stock market.
Please leave your comments, give your support for more analysis...
Nothing fancy in terms of code, take this post as an educational post where i provide information rather than an useful tool.
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