RSI Based Strategy on commodity. We can use RSI in two timeframe to identify Bullish and bearish sentiments. 5 & 15 Mins timeframe is best for intraday Trading. Add two set of chart of RSI and make upper rsi band at 60 and lower rsi band at 40. In 15 min timeframe, if upper band value greater than 60.it means we have to find out buy trade. And RSI lower band...
DISCLAIMER: The Company accepts no accountability or obligation for your trading and speculation results, and you consent to hold the Company innocuous for any such outcomes or misfortunes. We are not financial advisers or account managers; We are Forex traders. The recordings on this channel are rigorously for educational and amusement purposes. Trading Forex...
#XAUUSD ANALYSIS.. In xauusd(gold) there is no fresh entry market are move in 1922 to 1934 zone may be market are making exhaustion move so wait for break this level 1922 zone or 1934 zone... If the market break 1934 zone then buy First target 1937,1940,1946. If the market break 1922 zone then we can go for sell First target 1918,1916,1911
This pattern seems bullish on DXY on H4 before the Friday data .Gold is also facing resistance at 1930-35 levels .
metal index hindalco tata steel to me all three are looking positive for 6 months time period TaTa steel is looking good on daily and weekly time frame rsi is taking support from 40 levels on daily as well as weekly time frame however on monthly time the confirmation is yet to come but monthly confirmation will not at come these prices till we find monthly...
The price reacted drastically in its pursuit to cross 1950. After the positive economic data, it's retesting 1928, 1920. If the decline continues it might cross 1912-15 zone and drop to 1902 and further 1886 levels. The larger trend is Bullish. We should wait out for the price to react at our areas, reversal might take place. This retracement could be the part of...
Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss. Or can take entry based on one 5 min candle close below or above the zone with SL previous candles high or low (*try to avoid big candles). (Color code for Support & Resistance zones: Red - Sell, Green -...
Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss. Or can take entry based on one 5 min candle close below or above the zone with SL previous candles high or low (*try to avoid big candles). (Color code for Support & Resistance zones: Red - Sell, Green -...
XNGUSD, Taken Support in D1 time Frame, Now, bullish moment is possible and seems very from this point.
GOLD FORMING 5-0 HARMONIC PATTERN AND GARTLEY ON DAILY CHART SELL BELOW 56467 ONLY TG 53600 CLOSING SL 57170 GOLD forming 5-o harmonic pattern on weekly chart .and gartley pattern completed on daily chart Sell below 56466 with closing stoploss of 57200 above target 55200-54400-53500
Gold is trading in this wedge pattern ,GDP data is due today ,on breakout of this wedge can clear the direction of gold for today.
Gold buyers appear to run out of steam as traders await the key advance US GDP for Q4 2022, following the five-week uptrend. A one-month-old rising wedge formation joins recently sluggish oscillators to tease the metal sellers. However, a clear downside break of the $1,917 support appears necessary to confirm the bearish chart pattern, which signals a theoretical...
Gold short setup considering dollar index trying to retest it's resistance area EP: 1933.17 SL: 1942.88 TP: 1923.89 RRR: 1
DISCLAIMER: The Company accepts no accountability or obligation for your trading and speculation results, and you consent to hold the Company innocuous for any such outcomes or misfortunes. We are not financial advisers or account managers; We are Forex traders. The recordings on this channel are rigorously for educational and amusement purposes. Trading Forex...
Gold from its lowes level getting trendline support Reach out such high where its created Resistance which is tested multiple time and failed to break still… If this time it will break and 1hr candle close above the resistance we can see such big up move….!!! KEEP AN EYE ON IT….!!!!!
69350-69450 Critical resistance level. IF Silvermic respect that level it will fall to 67400 for now and will face correction. And if it sustains above 69500, It will make a swing high of 73000.
Inter Market Divergence btwn CURRENCYCOM:OIL_CRUDE and NSE:NIFTY suggesting we are nearing the end of corrective phase. A Bullish Trend reversal likely ahead. As per Elliott Waves and Inter Market Analysis. #Elliottwave