Hey before you trade #DYOR I’m sharing my idea which is based on technical analysis for more accuracy you can check news or event update. EURUSD 1Hr Chart analysis current price is given breakout on 1hr chart, as per 4hr trend retesting is complete, for target and new retrace are you can check chart I share. You need to wait for retrace area to break and create...
it is better to exit any rally in this counter. falling bar volumes are high compared to raising bar volumes on hourly time frame. it's vice-versa of what we have seen during rally. 1000 level could be crucial, it is most likely to fall.
it has broke down 500 levels. lets wait for weekly close for confirmation. if any rejection at 500 levels will open up 378 levels.
rejection from 20WMA. weekly trend LH-LL. 15% downside from current level is clearly visible
All details are given on chart with clear explanation. 1. Godrej Properties was in the downtrend since Nov 2021 with LH and LL pattern. 2. Last LL was not taken out by following candles and formed Head and Shoulder pattern in the bottom which indicates trend reversal 3. Breakout happened but with not much impressive volume 4. Chart pattern looks very good and...
BANKNIFTY is sequentially making lower highs and lower lows , thus breaking the structure, on Friday BANKNIFTY retest its previous lower high and exhibit a sharp retracement towards the down side in order to make a new lower low. BANKNIFTY might hold on its fall for a day or two in order to factor in budget news, but since the long structure is broken we can...
RIL forming lower highs and lower lows after touching high of 1480 RSI trending down and weak volumes. Confirmation of downtrend below 1420.
If bitcoin has to break upwards towards the 9,500 $ mark, it should happen within the next 8 working days.... If these current levels breaks downwards, then it will take support at 5765 $. Very crucial level.