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Fractal

BTCUSDT - ShortBTCUSDT is at a crucial level of 31400 which was a strong supply zone coming from Jun 2022 and it fell to 15500 levels. This zone was tested in April 2023 and it fell again from that zone till 19600. Again BTCUSDT has come to the same zone and consolidating there for last 15 days. It will interesting to see if this level gets broken or used for further selling. Watch out 31820 level on daily TF. If Candles close above this zone with a body BTC will look to continue the bull trend else look for Short opportunities in lower TF for scalping as well as positional sell.
Short
by vedantadeshika
Britannia Looking Weak on Weekly Chart - Shorting CandidateNSE:BRITANNIA is looking weak on weekly chart as its making bearish engulfing candle. Also closing below last week's low and showing weekly fractal support breakdown. Looking for 4041 and 3949 on downside. SL is relatively small of 4255. Better to short this in cash and not play in options cos one spike can take away your SL in option trade. Let's see how the story develops. Best wishes! Disclaimer - - The opinions expressed here are my own. This is for my own records as well as what I see on charts. - If you are referring to this, please keep in mind that it is only for educational and research purposes. - Past performance is no guarantee of future results. - You must accept responsibility for any decision you make. DO NOT TAKE THIS AS AN INVESTMENT RECOMMENDATION. - It's your hard-earned cash. Trade / Invest wisely, keeping in mind your trading style, goals and objectives, time horizon, and risk tolerance. - Before investing, conduct your own research and consult with a financial advisor. TIA!
NSE:BRITANNIAShort
by nerdywasabi
2
ETHUSD - Time to go up?If you look at the monthly chart of ETHUSD, you will notice that the price is at discount zone and has hit an important Discount Array (FVG). It has reached the 50% of the FVG and reacted in a positive way. Now we need to look at lower timeframes (1 Week and 1 Day) to see if price is willing to go higher. Now this would be the right time to Invest if we see signs of price wanting to go higher. This is just my personal view on ETHUSD. Please do your own research before taking any decisions.
OANDA:ETHUSDLong
by Vulnerable_human_x
Trend Identification: Utilizing Higher Highs and Higher LowsTechnical Indicator - William Fractal Setting - 20 period About the Indicator : William Fractal is a technical analysis tool used by traders in financial markets to identify potential turning points and trends. It is based on the concept of fractals, which are self-similar patterns that repeat themselves on different scales. The William Fractal is formed when there is a series of five bars, with the middle bar having the highest high and the lowest low in comparison to the surrounding bars. Traders use this pattern to determine potential buy and sell signals, as a fractal forming at the bottom of a downtrend could signal a potential reversal, while a fractal forming at the top of an uptrend could signal a potential trend continuation. The William Fractal can be used in combination with other technical indicators to improve trading decisions. Benefits of using William fractal indicator Easy to Identify : The William Fractal is a simple and straightforward pattern to spot, making it accessible for traders of all skill levels. High Accuracy : The pattern is based on the concept of fractals, which have a high degree of accuracy in identifying trend reversals. Confirms Trend Strength : By highlighting areas of potential trend reversal or continuation, the William Fractal can help traders confirm the strength of a trend. Improves Timing : By using the William Fractal in conjunction with other technical indicators, traders can improve the timing of their trades and increase the chances of success. Identifies Key Turning Points : The William Fractal can help traders identify key turning points in the market, allowing them to make informed trades and take advantage of market movements. Works in All Markets : The William Fractal is applicable across different financial markets, including stocks, forex, and commodities, making it a versatile tool for traders Try this out and let me know your thoughts in the comment section.
NSE:HCLTECHEducation
by vnagaraj0803
XAUUSD Market Prediction for the next week i.e. from 12th Sep'22 For Education purpose only. Looks like the Sellers are assuming higher and higher positions only to crash the Gold Market down. This idea can further be layered with the intersection of Price with the median of the Pitchfork drawn with the major edges of the Market. The upward line of Blue modified pitchfork can suggest the next possible short entry. Points to indicate that pivot 4 may be the Market edge for Short entry. Price respecting the below classes of information simultaneously. 1. Frequency shift line in Red horizontal line. 2. Median of Pitchfork drawn with respect to vectors 1,2 & 3 (at pivot 4). 3. Divergence of Price w.r.t RSI between pivots 2 & 4. 4. Steep fall immediately after touching pivot 4. Entry: 1715 (Now) Stop Loss: 1745 Target: 1655
OANDA:XAUUSDShort
by Karthiktinku
5