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EURUSD forecast / trades takenHey everyone. Another successful trading day has passed. Only a couple of trades we taken as forecasted in previous posts. As you can see we have finally broke the 4hr lows which ive been calling for a while and we traded according Closing all positions a few hours before the big news came out. We cut our trades prior to news as i dont want or need random news spikes in my trading, it adds risk and exposure to your account plus its banned by the prop firm who has funded me so its a great way to lose my account all together. Right now we have a massive imbalance in the market above where price is now back into the news candle. This drop tapped into a Demand zone so im expecting a pull back up (long) and will take long trades if they present. If we start seeing bearish flow mitigating ill also take sells however im preferring longs at present
by Bill-from-The-trading-Cartel
EURUSD forecast / trades takenHey everyone. not much has changed since yesterday besides the fact we took a bunch of nice trades. See image. The forecast is still the same and trades will be taken according. Expecting price to break the 4hr swing. Due to the fact we are sitting at a HTF demand area we could spring up further before hand so like always im remaining neutral. Another thing i didnt draw in is that we can also do a liquidity sweep of the highs above the asian range and then drop and this would be a great spot to sell
by Bill-from-The-trading-Cartel
Good short opportunity for axisbankAs seen in the chart, this stock had a massive breakout(as predicted by me earlier!! chart of that prediction is linked below). Whenever a stock price goes up, usually it comes down 50% of how much it went up, so i expect this stock price to at least go to the 0.3 Fibonacci level that is 733 and on the maximum reach our weekly support level which is at 730. Also if you see the rsi indicator levels are above the 70 line that is its overbought, hence showing a downward move in upcoming days
NSE:AXISBANKShort
by jashdoshi
Bearish Divergence for INFY! (good short opportunity)As you can see in the chart, the path it has been following(yellow colour) depicts downward moment for this stock. Also the rsi indicator shows bearish divergence on the four hourly timeframe that is higher high on the rsi but lower high on the stock price hence looking bearish to me. Also it looks like the stock is forming lower highs and lower lows recently hence going into a descending channel. My price target would be around the next weekly support that is 1317 region.
NSE:INFYShort
by jashdoshi
Bank nifty may be bearish on 27th AprilAccording to pattern made by bank nifty on day candle, it is sure that bear are still in Market, it shows market to be GAP down, but no ignorance of TRAP, it may be GAP up and after some positive signal market move to BEAR, like triple TOP or Head and Shoulder pattern. But for tomorrow my analysis is Short. it is three type of signal may occurs, like GAP up and TRAP the seller then SELL or GAP down and Trap the Buyer and then BUY or simply continue the pattern. Fundamentally due to COVID19 India is in worst condition and many fold death are still happening, isn't it FEAR? and in next 10-20 Days Market will BREAK DOWN on Weekly chart pattern.
NSE:BANKNIFTYShort
by avinash382875
Nifty on major support of trendline - April Month analysisHi guys, Today's expiry session was very much volatile but one would have managed this volatility if he would have known where are the major supports of trendline in short time frames. Although today the expiry happened on the major support of Trendline A & B. Both the trendline played as a major support in Nifty. However, If you zoom in it just expired exactly on the trendline. For the past weeks trendline C has also acted as a good resistance and you should keep this in mind once Nifty goes above 15000. If on the daily time frame, Nifty manages to close below the trendline A & B then we'll see more fall in Nifty to 14000 and below. Also I have a bearish view in Market as of now as the major bullish trendline is broken. It can go to retest that trendline and then again falls down. So, I am not holding any cash positions for short term, and I will only buy until & Unless trendline C is not broken.
NSE:NIFTY
by Siddharth_23
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