Jublfood : Bullish Cup and Handle Breakout Breaking out from the Trend continuation Price pattern Cup and Handle with supportive volume and momentum.
Harmonic Patterns
Revered from B Leg, Will it Form a Shark?HDFCBANK, A major contributor for NSE: NIFTY50 may see a little downfall considering harmonic analysis on Daily, Weekly Time Frames.
At this Juncture Let us consider Daily Time Frame, and as drawn on charts it is about to form a Bullish Shark Pattern which is reversed from B Leg.
Expected Behavior can be as represented in Red Color path.
As price comes down from 1775, Price may reach to 1690.80 which is PRZ1 Level.
on Weekly Time Frame(WTF), Price is expected to reach 1425-1400 Levels as major shark pattern completes its D Leg.
Bitcoin analysis today: -92000-94000 life and death battleBitcoin analysis today: -92000-94000 life and death battle
Predicting Bitcoin is like predicting the weather - it's just that the weather is not often wrong! '"
Williams' Bitcoin weather forecast:
Straight lines belong to humans, curves belong to God
As shown:
The price of Bitcoin has stabilized below $94,000
I still think: shorting Bitcoin near $94,000 is the right approach.
In the process from point A to point B, Bitcoin completed a sprint, set a new high, and finally stopped at around $108,000.
The process from point B to point C represents the complete end of this force.
The exhaustion of Bitcoin's volume is already very obvious.
We can draw a conclusion:
1: All players who are long Bitcoin above 92,000, their stop loss is 92,000.
Imagine: If it breaks through $92,000, Bitcoin will inevitably usher in a panic exit, and countless long players will be liquidated at this moment.
Conclusion: Bitcoin will only fall more outrageously.
2: 9200 The support near 0 must be the strongest support at the moment.
If the trend does not change, then 92000-94000 will be the best bottom-fishing range for global bulls.
In the absence of major positive factors, Bitcoin is no longer driven by huge transactions. Every time Trump talks about Bitcoin, his prestige has declined again and again.
This is an indisputable fact.
We are now focusing on the fluctuations in the 92000-94000 range to lay out intraday trading signals
I will continue our thinking yesterday
Continue to short Bitcoin near 94000.
SELL: 93500-94000
SL: 97500
TP1: 92000
TP2: 90000
TP2: 88000
TP4: 86000
If you are reading my article, I hope you can leave me a message for feedback. I will answer them one by one and analyze the real-time signals for you. Thank you very much
Today's gold price analysis: Return to the 2630-2680 rangeToday's gold price analysis: Return to the 2630-2680 range
Predicting gold prices is like predicting the weather - it's just that the weather is less often wrong! '"
Williams' gold weather forecast:
Straight lines belong to humans, curves belong to God
As shown in the figure:
We have been waiting for an optimal fluctuation range from yesterday to now: 2630-2680
Once the gold price returns to the middle area, the 2630-2680 range will be the easiest range for all traders to make money.
Whether you are long or short in this range, as long as you can hold it patiently, you may make money from it. The adjustment period of this range is estimated to be about 1 week.
Why do you say that?
It's like a pregnant woman who doesn't go through ten months of stable pregnancy. How can you give birth to a healthy child during this period?
If the current gold price wants to explode into a new round of sharp decline or surge, it needs such a pregnancy period. To accumulate energy.
Then the repeated fluctuations in the 2630-2680 range are the best gestation period.
So, in the short term
I insist that the gold price will still return, because the 2630-2680 range is the best choice for all possible future trends.
If you also like and approve of my article, I sincerely hope to get your feedback and comments. I will reply one by one and send my sincere blessings and thanks.
KANPUR PLASTIKKANPRPLA 136.80
this stock is consolidation since nov-2021.
if it wil break the horizontel line so can be planing to up side.
Analysis of gold price trend this week--- 2630--2680Analysis of gold price trend this week, fluctuation range - 2630-2680
"Gold investors are like gamblers - they just wear nicer suits and call their losses 'portfolio adjustments. Predicting gold prices is like predicting the weather - the weather is less often wrong!'"
Williams' gold weather forecast:
Theoretical basis: straight lines belong to humans, curves belong to God
Obviously, the remarks of Trump and Powell are like Chinese crosstalk. They are singing a double act, Trump plays the red face and Powell plays the black face. Together, they reap the wealth of the world.
God's perspective - as shown in the figure:
We use the S line to symmetrically divide all trends, and we can draw a clear conclusion:
The gold price around 2630 is a normal rebound, but it also means that this wave of market has been digested.
Next, the gold price will move out of the new S line:
The most likely fluctuation range: 2630-2680
It is obvious:
1: If the gold price falls in the future, it is likely to fully absorb funds at 2630-2680, which means that the gold price will continue to rise in the short term.
2: If the gold price rises in the future, it is likely to stabilize at 2630 and fully adjust, which means that the gold price will continue to rise in the short term.
3: If the gold price fluctuates in the future, from a macro-cycle perspective, it is likely to fluctuate in the range of 2630-2680, which means that the gold price will continue to rise in the short term.
Summary of this week:
Gold price adopts a low-multiple approach, macro strategy reference:
BUY: 2620-2630
SL: 2600
TP: 2680
Specific operations, I will continue to follow up on ideas.
If you are interested in my analysis, you can discuss it in the comment area, and I will explain, share and communicate with you one by one
Bitcoin-92,000 or panic plungeBitcoin-92,000 or panic plunge
"Bitcoin investors are like gamblers - they just wear nicer suits and call their losses 'portfolio adjustments. Predicting Bitcoin is like predicting the weather - the weather is less often wrong!'"
Williams' Bitcoin weather forecast:
Theoretical basis: straight lines belong to humans, curves belong to God
God's perspective--as shown in the picture:
The most accurate support line at the moment is: around 92,000
The meaning of segment A: the accumulated shock near 92,000, just like before a 100-meter race, the athlete must squat first.
The meaning of segment B: the test market of sprinting 100,000
The meaning of segment C: forcing the shorts to death and quickly taking profits, the long and short divergence
The meaning of segment D: Accumulated adjustment, and trying to rush to a new high: 11,000, and quickly collapsed near 108,000.
The meaning of segment E: panic decline may occur
Fundamentals:
Trump is highly bullish on Bitcoin
Powell is highly bearish on Bitcoin
The news is true!
The money evaporated, which is also true!
Trump plays the red face and Powell plays the black face.
It's like Chinese crosstalk, they are singing a double act.
I will use the orange S line to show the possible trend, as shown in the figure
Long ideas:
BUY: 93000-94000
SL: 92000
TP1: 99000
TP2: 100000
TP3: 103000
----------------------------------
Short ideas:
SELL: 94000-94500
SL: 99500
TP1: 92000
TP2: 88000
TP3: 85000
As a professional analyst: From the perspective of technical analysis, I prefer the possible panic decline.
But we have to face the two super rogues in reality
I will continue to follow up the subsequent signals
If you also agree with my analysis, you can leave me a message and I will reply one by one
and continue to update for you.
Nifty sell on rise given again at resistance area 23650 support 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 27.2 % )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%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
ETHUSD buy on dip support 3210 upside Target 3460,3550,3660Disclaimer -
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 27.2 % )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%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Bitcoin holding buy from 93k SL 92k Target 98100,102000Disclaimer -
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 27.2 % )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%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Natural gas jan future 274,267 downside Target sl 300Disclaimer -
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 27.2 % )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%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Crude sell at 5975 Target 5865 also buy at 5865 play rangeDisclaimer -
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 27.2 % )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%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Copper buy on dip sl 790 Target 807,812,818Disclaimer -
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 27.2 % )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%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver buy on dip recommended Target 90300,91500 ,92700Disclaimer -
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 27.2 % )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%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Gold holding buy from 75950 ,76850,77290,77850 target sl 76050Disclaimer -
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 27.2 % )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%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
XAUUSD holding buy from 2606 ,2638,2655,2671 Target sl 2608Disclaimer -
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 27.2 % )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%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Biocon Ltd view for Intraday 24th Dec #BIOCON
Biocon Ltd view for Intraday 24th Dec #BIOCON
Resistance 335 Watching above 335 for upside movement...
Support area 325 Below 330 ignoring upside momentum for intraday
Support 325 Watching below 325 or downside movement...
Resistance area 335
Above 330 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
kpittech- bearish harmonic-dailySpotted -bearish harmonic - in Daily time frame
Let us observe whether it respects harmonic patterns.
Educational purpose only.
This is not a recommendation -
I am not SEBI registered - Do not TRADE/INVEST based on what I publish here.
I am not responsible for your loss or gain.
Inspired by - Trading Mirror Telugu
Bullish Shark pattern in RelianceLet's wait for the price will touch the entry point. It will be good swing trade with proper risk management. This is for educational purposes only.
#Nifty directions and levels for December 24th.Good morning, friends! 🌞
Here are the market directions and levels for December 24th.
Market Overview:
The global market is showing a moderately bearish sentiment (based on the Dow Jones). Our local market is also displaying a moderately bearish trend. Today, the market may open with a neutral to slightly gap-down start, as the Gift Nifty indicates a 15-point negative sentiment.
In the previous session, there was no directional movement, even though it opened with a long gap-up. Structurally, today might continue this sentiment as we are progressing into the 4th sub-wave. We already discussed this in the previous post, so more or less, it will move based on this. Let’s explain this in the charts.
Both Nifty and Bank Nifty are currently showing the same structural sentiment.
Current View:
The current view suggests that if the initial market takes a pullback after some decline or if it opens with a gap-up, then we can expect a continuation of the pullback. Structurally, the 38% retracement could be a major resistance in this variation. As per the wave structure, it is unlikely to go beyond this level. If you find any reversal confirmation, we can consider entering a short position. Conversely, if the pullback breaks the 38% level, it could extend to the next resistance level. This is the basic structure.
Alternate View:
The alternate view suggests that if the gap-down sustains, we can expect a correction to the previous bottom. Until the bottom is broken, the market sentiment could remain range-bound. If it breaks, we can consider that a 5th correctional wave.
#Banknifty directions and levels for December 24th.Current View:
The current view suggests that if the initial market takes a pullback after some decline or if it opens with a gap-up, then we can expect a continuation of the pullback. Structurally, the 38% retracement could be a major resistance in this variation. As per the wave structure, it is unlikely to go beyond this level. If you find any reversal confirmation, we can consider entering a short position. Conversely, if the pullback breaks the 38% level, it could extend to the next resistance level. This is the basic structure.
Alternate View:
The alternate view suggests that if the gap-down sustains, we can expect a correction to the previous bottom. Until the bottom is broken, the market sentiment could remain range-bound. If it breaks, we can consider that a 5th correctional wave.
EURUSD Next possible move SAXO:EURUSD
Here’s a detailed description for today’s continued bullish outlook in EUR/USD:
---
### **Title**
*"EUR/USD Intraday Analysis: Bullish Momentum Continues | Dollar Retreats Further"*
#### **Market Context**
*"EUR/USD maintains its upward trajectory as the dollar remains under pressure amid easing Treasury yields and cautious market sentiment. Supportive Eurozone data also fuels buying interest in the pair."*
#### **Technical Analysis**
*"Today's buy bias is backed by the following:
- **Trend Structure**: Higher highs and higher lows indicate continued bullish momentum.
- **EMA Dynamics**: Price is holding above the 20 and 50 EMAs, reinforcing the upward bias.
- **RSI**: Sustained above 60, reflecting strong buying pressure.
- **MACD**: Positive histogram bars are increasing, signaling bullish continuation.
Key Levels:
- **Support**: 1.0570 (intraday), 1.0545 (critical level).
- **Resistance**: 1.0605 (initial target), 1.0630 (key level). A break above 1.0630 could open the door for further gains."*
#### **News Context**
*"Upcoming: U.S. Services PMI data later today may influence dollar sentiment.
Previous: Eurozone economic sentiment data boosted confidence, aiding the pair’s recovery."*
#### **Call to Action**
*"Will EUR/USD sustain its bullish momentum and test higher resistance levels? Share your perspectives and strategies below!"*
---
Let me know if this aligns with your view or needs adjustment!
USDCAD - Algo Price Delivery The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the USDCAD shows the buy signal, and 1 month rating is strong buy. See more of USDCAD technicals for a more comprehensive analysis.
