AUDUSD rises to the highest level in a week, up for the third consecutive day, as Australia Inflation numbers for March defend hawkish bias about the Reserve Bank of Australia (RBA) and underpin the Australian Dollar (AUD) strength. However, the overbought RSI could join the 200-SMA hurdle of 0.6535 to cap short-term upside of the Aussie pair. Following that, a...
GBPJPY has touched it's supply zone. It may fall a bit in daily basis Swing Target 179.00
AUD/CHF make or break level, AUD/CHF is at important level Forming a Channel Pattern in daily TF. Let's see this sustain or not. what is your view please comment it down. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Moving inside a predefined path. Considering the negative interest rate, Wont move out of the channel yet but by april or may, Once BOJ gives a decisive raise in rates, can see the breakout for a decent move on the upside
When Ethereum (#Ethereum) tests its long-term trendline support, it often sparks a significant upward market movement, known as a bull rally. #Pattern_Recognition: Ethereum (#Ethereum) has shown a recurring pattern where testing its long-term trendline support has resulted in substantial bull rallies. #Historical_Timing: Notably, each of these support tests has...
ATOM eyes 10% gains amid chatter about a fork * Cosmos price remains above a crucial supply barrier extending from $6.161 to $8.966 with the potential for more gains. * ATOM could climb 10% to tag the $10.218 resistance level, steered by bullish indicators and bullish speculation. * Invalidation of the bullish outlook will occur once the cryptocurrency breaks...
Long side good movements with buying pressure e can see in this zone huge buying we will see(1.2677)
Elliott Wave Analysis:- Waiting for TRIANGLE BREAKOUT. Once the breakout took place then we decide the move of the wave . i am not a SEBI registered advisor. Before taking a trade do your own analysis or consult a financial advisor. I share chart for education purpose only. I share my trade setup.
EURUSD prepares for the sixth consecutive weekly fall as ECB and Federal Reserve bosses prepare for the annual showdown at the Jackson Hole Symposium. That said, the Euro pair remains pressured within a one-month-old descending trend channel amid downbeat RSI and MACD conditions, which in turn suggest less downside room and highlights the stated channel’s bottom...
Trade Idea: BUY 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 3 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial...
Very long time the doller index is below the 100 level this is psychological level of the market, if dollor is sustain below this is the good news for the India imerging market. This is the signal of bullish. 😍😍😍
Hello Friends Here we had shared possible Elliott wave counts on chart of USDINR, which is clearly showing that on bigger scale we are in 5th wave of some higher degree, in which we had finished wave (1)-(2)-(3) and currently we are in either in wave (4) or in wave 2 of wave (5). Also both scenarios are discussed in this video post, you can go through this video...
First time in many weeks, banknifty underperformed nifty50. Ideally this move should have come last week when nifty50 had 2 more resistances to break and banknifty was near ATH. Better late than never. Nifty50 shooting pass banknifty is actually good for the entire stock markets in India. Only when all the components have caught up - a bullish trend is...
support now for USDINR @ 82.35-82.20 zone while resistance is now at 83.025-83.075 which if breaks, a sharp upmove could take place
SELL - wait for price conformation Long tram bearish move in down side ENTRY - wait for market move down side then retracement. After retracement wait for price and other conformation.
EURUSD prins mild gains within a one-month-old bullish channel even as RSI eases from the overbought conditions. That said, the impending bear cross on the MACD joins the major currency pair’s inability to stay beyond 1.1000 to lure sellers. However, a clear downside break of the stated channel’s bottom line, close to 1.0900 at the latest, becomes necessary for...
There is a very high probability that the wave B of correction is completing and we my see the start of wave C which can go below wave A low
Formation of ........ Chart Pattern. Choose the appropriate one? 1. Inverted Head and Shoulder 2. Head and Shoulder 3. Head and Shoulder Top 4. Bullish Head and Shoulder