BTC below 29.000 and 30.000 short This sort of intruments will require a different approach but yet price action will help.
As you can see below 29.000 and 28.000 market is not interested to hold so then sell strategies are preferred below 28.200 to 28.000. Below 28.000 sell pressure will continue down to 27.800 and 27.500. Attention to fridays´
Beyond Technical Analysis
BankNifty - Navigating The Complex Correction in 39695-39275It was all amazing last few days as we have discussing how bulls could be trapped on the top close to 39695- which is one the key levels in the unfolding triangular correction
Have been student of astrology for last few years, it happened fortunately that I came across my bible book -American Ephemeris 2020-2030 on last Friday 24th March 2023 &
Realised that Moon will be passing through Gemini on 27th March 2023, I quickly updated on Saturday, 25th March about bulls short term trap
Wow!!! I was amazed how this structure unfolded
It is a triangular correction ---------------till the time 39695 -------key level is intact on upside
Trading Strategy
Holding Above 39400 - minor support we look for 39630-39650 touching the falling trendline
Once final leg upside is done & strictly holds below 39695 highs which should not be breached on upside, Index can drop to below targets
39275
Breaking 39275 - we look for 38925/39000
Thanks
Abhishek H. Singh, CMT
nifty analysis for 24th feb.As per oi data there is short buildup (-1.53) price drop & 10.83% oi buildup bearish,
there will be buying zone only after the breakout of 17613 level of resistance.
and for selling there will be two enrtys first rejection from 7613 level after moving up. second is break down of symetrical triangle + price action target are 17471 & 17438. but 17500 is major support zone.. thank you
EURUSD GBPUSD USDCAD market updateToday´s market closing.
EURUSD GBPUSD market on hold but testing highs, waiting possible sellers.
EURUSD at 1.0815 sell to 1.0808. Then below 1.08 sellers to 1.0780
GBPUSD at 1.2315 sell to 1.2305. Then below 1.23 sellers to 1.2280
USDCAD above 1.3630 buyers to wait for 1.3650 and 1.3670
EURUSD GBPUSD USDCAD market update 28thEURUSD is holding buyers above 1.08, waiting more information. IF above 1.0830 all buyers back to TP 1.0850
Sell expected below 1.0815 to 1.08, below 1.08 all sellers back
IF above 1.0830 all buyers back to TP 1.0850
GBPUSD is holding buyers above 1.23, waiting sellers below 1.23 to 1.2290 below 1.2290 sellers back to 1.2260 and 1.2250
IF above 1.2340 possible buy to 1.2350 and 1.2360
GBPUSD EURUSD attention to highs in both cases.
USDCAD buy prices between 1.3650 and 1.3660 to TP 1.37
Inflation of US. Scenarios for friday.DISCLAIMER: By viewing any material or using the information contained on this publication, you agree that it is general educational material and will not hold anyone responsible for loss or damage resulting from the content provided here by "Watch My Trading". The futures, forex and CFD markets offer great potential rewards and, in turn, great potential risk. You must be aware of the risks and be willing to accept them in order to invest. Do not trade with money that you cannot afford to lose. This publication is neither a solicitation nor an offer to buy/sell any financial instrument. Please note that any advice provided by Watch My Trading is unique and may not be suitable for everyone.
EURUSD below 1.08 I prefer short strategies. Today market pushed for buyers but yet not enough buy power above 1.08.
Shorts at 1.0790 to 1.0780 and extentions.
Above 1.08 buyers to 1.0830 levels.
GBPUSD below 1.23 I prefer short strategies. Today market is holding on buy but still no enough to change to buy strategies. Sellers below 1.2280 to 1.2270. Sellers at 1.2260 to 1.2250. Stretegy changes for buyers above 1.23 to TP 1.2320.
USDCAD above 1.3650 market is at buy prices for 1.37 target
Bank Nifty - The Sideways Trap -Outlook for 21st March 2023Index till the time holds below 39699 which was closing high for 17th March 2023 in gap up move tomorrow @ 21st March 2023 & falls 300-400 points down & remains above mini double bottom of 38926 & 38941 then we can have another push upside towards 39699 / 39914 / above 39914 towards 40690's approx.
Thanks for watching the video.
Bank Nifty-Truncated Wave to Halt below 39K-Can it be explosive?Exciting Session on 16th March 2023 unfolded with a temporary bounce from day lows of 38613 towards 39300 approx & a fall back to 38750 approx without making a new low or breaching below 38613 - puts strong case of truncation.
Truncation is rare to happen suggesting that ongoing trend could abruptly halt in between & take a sudden reversal which could be possible case here & even highlighted 2 days back that we are close to the bottoms & looking for decent retracement & targets mentioned in last idea of 14th March 2023.
Thank You & Good Night!
BULLISH Pennant #TadingClass #Technical Trading PatternBullish Pennant:
Its a Technical Trading Pattern which helps to find profitable trades for uptrend movement.
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Crude Oil 5min TF analysisHey guys welcome back to Nifty Scalper. here in this video we will be talking about crude oil which is nothing but us oil . I have a 5 minute timeframe analysis on crude oil . You can trade as per our plan but remember you have to use stop losses on every trade.
I hope you like my analysis and if you like you can follow me. I will be updating charts like same for crude oil gold and even for Indian index charts thank you guys see you in the next video.
Crude Oil min TF analysis Hey guys welcome back to Nifty Scalper. here in this video we will be talking about crude oil which is nothing but us oil. I have a 5 minute timeframe analysis on crude oil. You can trade as per our plan but remember you have to use top losses on every trade. Crude oil can give a big rally with the upside momentum or it can give a breakdown with the specific target because the train is upside. I hope you like my analysis and if you like you can follow me I will be updating charts like same for crude oil gold and even for Indian index charts thank you guys see you in the next video.