EUR/USD sell idea as you know the overall eur/usd in bearish right now .as dollar is strengthening all dollar related currencies like gbp/usd ,eur/usd , and nzd/usd are loosing their value so overall i am looking for short position next week.
the idea formulated when in 1h timeframe market is uptrend forming HH and HL to now break a HL (wick break ) which kind of confirm that next week market could reverse.
i hope you like the analysis and if you got anything information from this analysis then do follow me for more such analysis in the future
Beyond Technical Analysis
GBPUSD sell idea market is about to change from uptrend to downtrend in 1h timeframe (by change of character) . after the change of character market reverse to fill the imbalance. after hitting a 15m imbalance market once again form change of character and then market reverse back to fill the imbalance in lower timeframe market once again form change change of character.....
XAUUSD todays analysisthere was a 30m strong demand zone where I was looking for market to retest, when market came inside that region show some nice rejection sowing buying pressure breaking 1m, 5m and 15m structure showing buying pressure for entry i market a inefficient candle where market accumulated before breaking 1m structure and also it was imbalanced.
bitcoin long ideain higher timeframe market is in uptrend and market till now haven't hit the supply zone formed so that's why overall I am looking for long . if market will break that structure and form a change of character then it is giving some confirmation that market is about change its direction in low timeframe to fill high timeframe trend. i will wait for a retest and then look for some long opportunity with confirmation in lower timeframe.
BankNifty - LongTerm / ShortTerm Outlook (Time Cycles)Long Term Outlook
We picked time cycle tool available in drawing tools & tried getting dominant lows & highs. Over the process we realised that 18 Week cycle is dominant & running for Bank Nifty Index giving us important lows & highs.
Next low could be due in middle of the Oct 2022 which could be shifted to close to Nov 2022 if current high holds at 39759 which was identified as the recent high
Cycle Analysis
Cycles are always measured from low to low only but at times we can break that rule for analysis purpose & we can even take low to high but these won't be termed as cycles because cycles are always low to low.
In Cyclical Analysis
Low = Trough
High= Crest
Short Term Outlook
We identified an ending diagonal which marks the end of the trend & usually occurs later in the trend signifying that we could be close to the tops
Till the the high of 39759 is intact we assume that another wave is pending downside & have to review again if 39759 highs are taken out on upside.
On short term basis a parallel channel is used to get possible resistance zone which could be upper end of parallel channel close to 39300-39400 zone . If halts at the top then we may assume that fall may start or if Index fall below 38803 lows
Thank you for watching the video & have a nice weekend.
Adding Custom Watchlists in TradingViewHi
This is my first video idea on this website and this is about adding watchlists. I have tried to keep things raw and simple so that everybody understands it. There might be some other methods, of course, for this purpose but this is the one that I prefer to use.
This method works in India and I have taken reference lists from the NSE India website.
Excuse me about the background noise if any.
I hope it will be useful for some users.