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.
Fundamental Analysis
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.
Bitcoin trade ideaas market is very bullish in 5m timeframe it also show break of structure which confirm the trend so, i marked a demand zone where buys were accumulated before breaking that structure then most likely market will retest that region before going further up
entry:-21407.09
stop loss:-21360.33
target:- 21640.95
View on top companies as per Market cap. Regular SIP etc.HAPPY INDEPENDENCE DAY. HERE IS MY VIEW ON TOP COMPANIES AS PER MARKET CAP TO DO SIP IN THEM.
WHAT IS A SYSTEMATIC INVESTMENT PLAN?
A systematic investment plan (SIP) is a plan in which investors make regular, equal payments into a mutual fund, trading account, or retirement account such as a 401(k). SIPs allow investors to save regularly with a smaller amount of money while benefiting from the long-term advantages of dollar-cost averaging (DCA). By using a DCA strategy, an investor buys an investment using periodic equal transfers of funds to build wealth or a portfolio over time slowly.
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