Hello everyone, as we predicted, GBPUSD has continued to decline under the strength of USD's recovery. The current trading price is 1.268, firmly holding within the downtrend channel. The next target is to push this pair up to the support level of 1.2625, after all the previous important defensive measures have been broken by sellers. So what about you? Do you...
Bpcl formed a bearish bat pattern at monthly and weekly chart. almost of all oil refinery companies are treading at high price. oil price may decline due to election purpose for the coming days so, it will affect the stock price.
it bees formed a deep grab pattern at weekly chart. so, the I.T stock may fall if market falls continue.
Nifty Analysis - Stance Bearish⬇️ Recap from yesterday: “The only thing that could override this W pattern is the lower high, lower low formation. LH, LL will take precedence over a short-duration pattern all the time.“ 4mts chart I can say With 70% confidence that Nifty50’s Lower Low, Lower High (LL, LH) wave formation has taken precedence over the W (double...
BANKNIFTY Intraday Trade Setup For 20 Mar 2024 Bullish-Above 46750 Invalid-Below 46640 T- 47255 Bearish-Below 46250 Invalid-Above 46360 T- 45660 45140 BANKNIFTY has closed on a bearish with 0.41% cut today. Index has closed below 50 EMA after after 18 days. Now below today's low 46250 there can be a strong downmove however key level is 46000. Tomorrow's best...
NIFTY Intraday Trade Setup For 20 Mar 2024 Bullish-Above 22000 Invalid-Below 21950 T- 22200 Bearish-Below 21780 Invalid-Above 21830 T- 21580 21350 NIFTY finally gave breakout of the channel pattern daily TF and closed today with 1% cut today. Our short trade is now active below 21900, this level was discussed multiple times in the recent days back. Now index is...
Wave count indicating long from 150 to 140 level Might see fake break down from down trend channel but eventually TSLA will reach 250 level to complete the Elliot wave. TG- 250 SL- 125
Hello traders! Your friend Surender verma here , as you can see banknifty here trading in a choppy and sideways zone . The yellow highlighted area is stucked in a sideways area. So we can go further buliish after breakout of 46800 i.e upside level of BN. Similarily If price goes below 46200 then a brearish trend will start and we can short the banknifty. Alert:...
NG trend still sideways to negative, after last inventory resulted Naturalgas in downside and still the trend continues. Upside level: 148 Downside level: 142 So follow these levels and trade accordingly
Congratulations to everyone who bought the dip. Keep an eye on these opportunities and never assume that the volatility has passed, as well as the reason why you should DCA (Dollar-Cost Average) and never buy everything in a single frenzy. The market appears to be settling with the DXY, which has risen by 1% as of today and has been trending upwards since Thursday.
Hello Trading view Family / Fellow Traders. I hope you have used and benifited from the previous analysis . In today trading session we are monitoring WANUSDT for a buying opportunity, WANUSDT UPDATE Bearish pennant Breakout & Retest Has Almost Completed Expecting an energetic move 📈 Maximum chance to gain +130% profit 💰 in coming days ✍️
Hello Trading view Family / Fellow Traders. I hope you have used and benifited from the previous analysis . In today trading session we are monitoring RAYUSDT for a buying opportunity, RAYUSDT UPDATE Falling Wedge Breakout Has Already done Retesting In Process Successful Retest Can Lead Massive Bullish Rally Towards 5$✅✴️
Hello dear friends! Today, GBP/USD is gradually decreasing to the level of 1.2800 tons in the first day of the new week. The US Dollar has prevented its losing streak as the market shifts to risk aversion ahead of the highly anticipated US CPI report, which will be released on Tuesday. This has somewhat limited the upward trend for the GBP/USD pair. As a result,...
The SNAP token has shown an enormous rally in the last three months and showed potential in the crypto asset. Moreover, the SNAP asset is exhibiting bullish strength and rising capacity as it has already jumped above dynamic supports of major 20, and 50-day EMA bands. Also, the SNAP asset is displaying bullish behavior as MACD is above the zero line with a broad...
EUR/USD has recovered after two consecutive days of losses, approaching the 1.0930 level in the Asian trading session on Tuesday. However, the pair faced resistance amidst cautious market sentiment ahead of the release of US Consumer Price Index (CPI) data. Market expectations suggest that the US CPI will increase from the previous month in February, although the...
FOR LEARNING PURPOSE NIFTY- Its doing two things at one time 1. Its breaking 50MA on daily (not a great sign) 2. Its breaking the low of 13th March and making a new low this month. Also, there was a small trendline which was in support, it has been taken down. What to do next? Focus on Stocks which are holding strong or showing some strength Don't buy...
#ETHEREUM READY FOR BIG DUMP? 1⃣ CRYPTOCAP:ETH Broken TL and Retest also Completed ✅ 2⃣ Targets: $3261 & $2906 ( Red TL = Resistance ) 3⃣ Stop Loss: If Candle Close Above Red TrendLine 4⃣ Already Gave 14% TP in Spot. ( Risk Reward: 1/3.5 ) 5⃣ Long Term I am Always Bullish & Will try to Add at Every big Dip 6⃣ My Trade Now in 57% Profit
It is nearly a month of absence from writing, markets continue to do what the charts dictate. The divergence that continued to appear in various spaces finally started yielding, we printed the evening star (marked by the arrow). We are almost flat for the year save 300 points on the nifty, not absorbing the nominal returns forget about the costs of buying. The...