Crude buy on dip until 5840 not break Target on chartDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 23.6% )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2 %)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6 %)
Target 5- ( T5 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Harmonic Patterns
#Nifty directions and levels for December 12th.Good Morning, friends! 🌞 Here are the market directions and levels for December 12th.
Market Overview:
There have been no significant changes in global and local markets, and both continue to maintain a bullish sentiment. Today, the market is expected to open with a neutral to slightly gap-down start, as the Gift Nifty is showing a negative 10 points at 8:00 AM.
In the first two trading sessions of the week, there were no major events in either the local or global markets, leading to choppy movements. However, yesterday, the US market had inflation data released. Interestingly, the market did not react significantly to the data, with the Dow Jones ending slightly negative. This indicates that it might not have much of an impact on our market today.
What About Today?
Even though we are in a range-bound market, the overall bias remains bullish. So, even if the market starts on a negative note or undergoes some initial correction, it is likely to bounce back by the end of the day. On the other hand, if the market pulls back and sustains its levels, we can expect the rally to continue.
It's important to note that these scenarios will only unfold if the market breaks the minor range that I mentioned in the chart. Apart from this, all the relevant information has been discussed in the previous sessions, which we can continue to follow for guidance.
Gold increases when inflation in the United States decreasesYesterday, gold price increased, maintained at over $ 2,700, despite the high US bond yield. The US CPI data confirmed that the deflation situation is going on, strengthening the expectation that the Federal Reserve will cut interest rates next week.
Based on the chart, it can be seen that the gold price is fluctuating on 2 ema 34 and EMA 89, showing a next gain. However, before that, the price of gold will return and test the supporting area of 2,616, if the price is maintained the ability to turn on the increase in the resistance of 2,793 is very high, and the interest rate continues to cut, the price of gold can go far away. More than 2,900.
Predict the ability to cut interest rates, with the swap rate of 92%, the next will focus on the upcoming PPI data and the number of unemployment benefits. Traders need to consider this information to be able to trade more smoothly.
BTCUSD Analysis on (10/12/2024)#BTCUSD UPDATEDE
Current price - 97200
If price stay above 94000,then next target 100000,105000 and below that 92000
Plan; if price break 96500-95500 area and above that 96500 area,we will place buy oder in BTCUSD with target of 100000 and 105000 & stop loss should be placed at 94000
Silver we booked profit and again holding buy from 95150Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 23.6% )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2 %)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6 %)
Target 5- ( T5 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
XAUUSD buy on dip until 2670 not break Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 23.6% )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2 %)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6 %)
Target 5- ( T5 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
The Japanese Yen Trims Part of Weekly Losses Against USDUSD/JPY maintains its upward trend as the JPY only partially trims its weekly losses against the USD, despite the dollar’s slight recent weakness. The JPY's gains are limited by uncertainty surrounding a potential BoJ rate hike in December and a risk-on market sentiment, while expectations of a hawkish Fed continue to support the USD, driving the pair higher.
On the 4-hour chart, USD/JPY is trading steadily above the EMA 34 and EMA 89 levels at 151.36-151.60, which serve as key dynamic supports. The price might consolidate in this zone before rebounding to test the resistance at 152.50. If this resistance is broken, the next target will be the 153.98 zone. Conversely, a break below 151.50 could push the pair toward deeper support at 151.00 before resuming its upward trend.
With technical indicators still favoring the bullish trend and trading volume increasing near resistance levels, USD/JPY is likely to maintain its bullish momentum. The short-term target is 152.50, with a broader aim at 153.98. Traders should closely monitor key support and resistance levels to optimize their trading strategies.
Asian Paints | Possible Bottom ? ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
💡✍️Technical Reasons to trade or Strategy applied :-
✅Inverted Head & Shoulder Chart Pattern Bull Breakout
✅Breakout confirmed
✅Rise in Volume
✅Good 3 touches Trendline Breakout with volume
✅Clear uptrend with HH & HLs sequence
✅ Order block as potential Target
✅Check out my TradingView profile to see how we analyze charts and execute trades.
🙋♀️🙋♂️If you have any questions about this stock, feel free to reach out to me.
📍📌Thank you for exploring our idea! We hope you found it valuable.
🙏FLLOW for more !
👍LIKE if useful !
✍️COMMENT Below your view !
#Banknifty directions and levels for December 12th.Good Morning, friends! 🌞 Here are the market directions and levels for December 12th.
Market Overview:
There have been no significant changes in global and local markets, and both continue to maintain a bullish sentiment. Today, the market is expected to open with a neutral to slightly gap-down start, as the Gift Nifty is showing a negative 10 points at 8:00 AM.
In the first two trading sessions of the week, there were no major events in either the local or global markets, leading to choppy movements. However, yesterday, the US market had inflation data released. Interestingly, the market did not react significantly to the data, with the Dow Jones ending slightly negative. This indicates that it might not have much of an impact on our market today.
What About Today?
Even though we are in a range-bound market, the overall bias remains bullish. So, even if the market starts on a negative note or undergoes some initial correction, it is likely to bounce back by the end of the day. On the other hand, if the market pulls back and sustains its levels, we can expect the rally to continue.
It's important to note that these scenarios will only unfold if the market breaks the minor range that I mentioned in the chart. Apart from this, all the relevant information has been discussed in the previous sessions, which we can continue to follow for guidance.
Silver we again holding buy trade from 31.77 booked profit alsoDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 23.6% )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2 %)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6 %)
Target 5- ( T5 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Natural gas after break 270 resistance gives huge profit on buyDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 23.6% )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2 %)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6 %)
Target 5- ( T5 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Gold MCX buy on dip near 77500 avoid at current price Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 23.6% )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2 %)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6 %)
Target 5- ( T5 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
AxisBank | Trendline BUll Breakout ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
💡✍️Technical Reasons to trade or Strategy applied :-
✅Inverted Head & Shoulder Chart Pattern Bull Breakout
✅Breakout confirmed
✅Rise in Volume
✅Good 3 touches Trendline Breakout with volume
✅Clear uptrend with HH & HLs sequence
✅ Order block as potential Supports
✅Check out my TradingView profile to see how we analyze charts and execute trades.
🙋♀️🙋♂️If you have any questions about this stock, feel free to reach out to me.
📍📌Thank you for exploring our idea! We hope you found it valuable.
🙏FLLOW for more !
👍LIKE if useful !
✍️COMMENT Below your view !
Maruti | Trendline Bull Breakout ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
💡✍️Technical Reasons to trade or Strategy applied :-
✅Inverted Head & Shoulder Chart Pattern Bull Breakout
✅Breakout confirmed
✅Rise in Volume
✅Good 3 touches Trendline Breakout with volume
✅Clear uptrend with HH & HLs sequence
✅ Order block as potential Supports
✅Check out my TradingView profile to see how we analyze charts and execute trades.
🙋♀️🙋♂️If you have any questions about this stock, feel free to reach out to me.
📍📌Thank you for exploring our idea! We hope you found it valuable.
🙏FLLOW for more !
👍LIKE if useful !
✍️COMMENT Below your view !
Crude again at resistance area fall will come support buy alsoDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 23.6% )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2 %)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6 %)
Target 5- ( T5 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Natural gas again at resistance area until 270 not break sell Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 23.6% )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2 %)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6 %)
Target 5- ( T5 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Gold breakout from the ConsolidationGold price breakout from consolidation and now trying to move higher ,for the correction phase (2721 to 2606) price now successfully claimed the 50% pullback as per Fibonacci (2663) and now trading above this level , next major Fibonacci level is 60% pullback which is at 2677, if price claim this level on Higher TF (daily or H4) then price can extend this bullish rally towards psychological resistance at 2700, above 2700 we have the swing high at 2721 , so to reverse and to confirm the low in December bulls need to claim this level on HTF.
For Intra day we can use these levels for buying or selling as plotted on chart , and for swing we have to wait for confirmation of cycle low or have to wait for breakout from 2715-21 , till then it's better to wait and watch for suitable entry. Personally I am without any entry as of now, will update you my position once I get confirmation as per current PA.