EURUSD LONGFOREXCOM:EURUSD
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading
Hustle hard
Markets can be Unpredictable, research before trading.
Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!!
Outlook
XAUUSD 1H ANALYSIS (TRADE SETUP)FOREXCOM:XAUUSD - 1H ANALYSIS
FOREXCOM:XAUUSD 1-Hour Analysis: Bullish Outlook
but Following Counter-Trend Trade
Chart Overview:
This FOREXCOM:XAUUSD 1-hour chart analysis highlights a bearish outlook following the break of a significant consolidation zone and a series of 1H High (HH) and 1H Low (HL).
***Key Points***
1. create Liquidity:
The chart making create liqudity with falling slowly
2. Lower Highs and Lower Lows in 5m :
Following the consolidation, the price action formed a series of Lower highs (LH) and Lower lows (LL), indicating a temporary Downtrend for Built Liquidity
3.Trend Line and Break:
A Falling trend line, shown in grey, connects the Lowe lows (LL). The recent price action broke below this trend line, suggesting a shift in momentum from bearish to bullish untill reach our Order-block.
4. Suppy and Demand Levels:
Supply Level : The Supply area around 2387.5 and 2389.7, is highlighted with a Red shaded zone. This level is expected to Short side Trade as a counter-trend trade.
Demand Level : The next significant Demand level is marked around 2357.9, indicated by another Green shaded zone.
5. Price Projection:
The analysis suggests a bearish as a retracement and Bullish as a Pro-Trend
6. Market Sentiment:
The sentiment is Bullish following the 1D Bullish Candle, with expectations of further downside
Retracement movement.
****Trading Plan****
Look for shorting opportunities on retracements towards the Supply zone around 2387.5 and 2389.7
Consider placing stop-losses just above the Supply zone to manage risk.
Target the Order-Flow level around 2362.61 for take-profits.
This analysis suggests a Short-Term bearish outlook for
FOREXCOM:XAUUSD , with a potential shorting opportunity on 50% retracementsof the Structure. Traders should ensure proper risk management and stay updated with any external economic factors that may influence the price
movement.
EURUSD AnalysisFOREXCOM:EURUSD
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading
Hustle hard
Markets can be Unpredictable, research before trading.
Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!!
GBPAUD BuyFOREXCOM:GBPAUD
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading
Hustle hard
Markets can be Unpredictable, research before trading.
Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!!
Revised Mid-Year Outlook ahead of Capitulation 14th of June 2022Previous forecast on BTC was obviously invalidated once it broke out of the wedge pattern which was being respected from January 2022 until early April.
Whilst I am not a FA trader, the state of the global economy can simply not be ignored. Thus my guess is that we'll see a long bleed and eventual capitulation down to the 80-88% retracement level to safely say that the bottom is in before it continues its climb in journey of the next bitcoin halving, some time around
The material I post is purely educational. I'm not influenced by anyone's bias or social commentary. I simply express my thoughts and opinions on the markets based on what I'm able to see that's mainly based on my ability to recognise familiar patterns and events, most of which comes from having spent more than 20,000 hours chart time charting and observing BTC's movements since 2017. As of the past year, BTC has enjoyed retracements to the 0.5 fibonacci level when viewed across smaller time frames despite preferring the golden pocket zone during it's previous halving cycle.
Do you think BTC will ever make a new ATH again within the next 3 years? Leave your answers below.
Hero motor: Upside vs DownsideHero motors seen in monthly time frame shows head-and-shoulders pattern with head on top
Keeping all viewpoints in mind, Hero motor has upside till 3000/- (given optimistic picture of the economy), which is 200 rupees from here—and downside till 2000/- which is 800 rupees from here, given reducing margins and decline in quarterly sales (24% decline, as seen over last quarter).
Risk to reward ratio is 200:800 rupees (1:4)
Morgan Stanley and Goldman Sachs are underweight on Hero motor, with similar targets.
The 110cc bike sector is under more stress than premium-end automobiles, since inflation hits the common man more.
Critical view on Nifty !!!!Nifty which was facing resistance around 200DMA has significantly crossed above
it with huge gap and the next level resistance level cold be 17385 i.e.100DMA so, we
will wait till nifty sustain above 17385 to go long above which 17520 could be seen.
RSI has also given breakout above 55.9 and supporting the up move.
View bullish on nifty.
#Enjoy_trading
nifty outlook 23 feb 2022Nifty has been following these trend lines and break above or below it may result in big momentum movement.. on the downside we have a 20 EMA at 16725 below which we may see huge selling coming in. As per the volume profile Major support (high volume node) is some where near 15880.
On the upside a break above the trendline resistance of 17200 may take u to 17350 - 450 very quickly. If nifty sustains above that then we can see a big rally also - but it will largely depend on the Russia-Ukraine-US news flow
levels shared are only for educational purpose
VODAFONE IDEA ---OUTLOOK NEXT ?VODAFONE IDEA after correction from 16.75 level fall to 15 level as of now..today 15-12-2021 but again stock seen at strong BUY zone TODAY
BUY VODAFONE IDEA 15 Level
target 16.50 , 17 . 18
Stop loss 14.50
BULLISH technical INDICATORS.
1. Stock at technical strong support
2. Trendline breakout
3. Double Bottom formation at 15 level
HAPPY TRADING. !
NIFTY OUTLOOK This week - 21/12/2021 to 24/12/2021Nifty Daily chart shows technical outlook how trade can be on this week.
Firstly using technical indicators we will see what will be downside and upside targets of nifty this coming sessions,
Technical indicators
1. Death cross of moving avg seen at 17950-18000 odd level, from there nifty fall at 16800 level, then take support & bounce back to 17500 odd level, rite now nifty 16985 level at closing last week after sharp correction.
2. Nifty bellow 20, 50,100, days moving avg at closing on last trading session.
3. Flag pattern clearly shown on daily chart now. whereas downside candle at circle shows strong support at 16800 level breaking this support nifty further fall at 16500 level next week. upside above 17050 closing nifty can hit target 17200-17500 level .
4. at present market run by negative sentiments due to global omicron fear. so more then fundamental and technicians, omicron fear will rule the Market, but at same time how global market react to that fear our market too react same manner .
Other technical indicators .
* RSI (14) = 38.6
* MACD (12,26,9) = -133 bellow center bearish.
* MA ADX - red bearish
HAPPY TRADING. !!
Trend Analysis for Bank NiftyThe Trendline has been sharply broken by the candles and is expected to reach the nearby support.
Market is already in Greed mood plus there is no update on Covid, more and more people will try to book profits as the market is in overbought or inflated(PE OF BN is 23.1) considering the current condition.
You can expect a target till nearest support
The Time Frame used is 4H
Bank Nifty Outlook for Tuesday, 28th July | 50x InvestmentsBank Nifty - Technical Analysis:
Bank Nifty had a gap down opening and continued downward, closing 3.5% down.
Bank Nifty breached the 22000 level before holding the 61.8% retracement level.
Market - Driving Factors:
Aditya Puri, Managing Director of HDFC Bank, sold over 95% of his stake in the company. Multiple other insiders sold their HDFC Bank shares over the last week.
Gold is up over 2% and silver over 7% today, indicating that another shift to safe haven assets might occur soon with the uncertainties about equity markets rising.
Bank Nifty - Outlook for Tuesday, 28th July:
The bears are strengthening their grip on the market indicating that we might be in for a sharp market correction in the coming few trading sessions.
A measured move to 21700 levels might be seen early in trade tomorrow.
Nestle India and Ultratech Cements are scheduled to announce their quarterly results tomorrow. Ultratech Cements' results will give markets an estimate about the condition of the realty and infrastructure sectors.
NIFTY Outlook for Wednesday, 15th July | 50x InvestmentsNIFTY - Technical Analysis:
On the daily chart Nifty broke into the previous wedge after giving a failed breakout
There was a big OI build up for weekly call options at 10700 strike, indicating that writers are confident that Nifty won't cross 10,700 levels in the next 2 days
MACD entered negative levels, giving out a strong sell signal
NIFTY - Driving Factors:
The hangover of poor TCS numbers is still being felt in the IT space
Banks and NBFCs reeling under the pressure of potential rise in NPAs, Bank Nifty was down by over 3% today
Biocon was the shining star in today's trade, rising almost 5.2% because of their new drug announcement to treat severe COVID cases
NIFTY - Outlook for Tomorrow, 15th July:
A failed breakout of a wedge usually leads to test of the lower trend-line and might even go all the way down to the start of the trend if the bearish pressure continues
10,544 (lower trend-line) and 10,390 (23.6% retracement level) will be crucial support levels
Infosys is set to announce its Q1 FY21 results tomorrow. If TCS's earnings are anything to go by, Infosys' results might further add to the bearish pressure.
Week Ahead: With Breakout Not Getting Confirmed, Chasing TechnicThroughout the previous week, the Indian equity markets remained less volatile than expected, but at the same time, it marked some important technical events. After trading in a 350-point range, the index resisted to its key resistance zones, retraced and ended the week with a modest loss. The RBI Credit Policy largely remained a non-event for the markets. The headline index NIFTY 50 ended with a net loss of 52.15 points (-0.44%) on a weekly note.
The previous week also witnessed a few important technical events. The NIFTY marked its fresh incremental high, but it failed to confirm this attempted breakout. The markets have reinforced the 12000-12040 zone as an intermediate top and key resistance area for the markets. The India Volatility Index – VIX also declined another 7.53% to 14.86.
Also, the index resisted to the pattern resistance created by the lower trend line of the 30-month long upward rising channel that the NIFTY broke on the downside in October 2018. The nature of this trend line is rising and therefore, although the NIFTY marked incremental highs, it resisted to this trend line for the third week in a row.
As we head into another week, we need to take serious note that the markets are likely to face broader technical headwinds. The present technical structure on the charts does not show any possibility of a fresh, sustainable runaway up moves. There may be some intermittent technical pullbacks, but a major up move which is lasting and sustainable is unlikely.
The coming week is likely to see the levels of 12000 and 12080 acting as stiff resistance points. Supports, on the other hand, shall come in at 11750 and 11600.
The weekly RSI is 63.78; it remains neutral and shows no divergence against the price. However, upon visual inspection, the RSI shows forming lower tops, which may act in a bearish way going ahead. The weekly MACD continues to remain bullish and trades above its signal line. No significant formations were observed on the candles.
The pattern analysis shows that the NIFTY continued to resist to the lower trend line of the upward rising channel for the third week in a row. The index has also failed to confirm an attempted breakout, and the zone of 12000-12040 remains key resistance area for the markets.
We are likely to see some intermittent pullbacks in the coming week. However, such pullbacks may remain temporary, and the markets may continue to see selling pressures from higher levels. With the breakout not getting confirmed, we may see some bearish bias to prevail in the markets. Any technical pullback, if there are any, should be utilized to protect profits at higher levels. While choosing not to chase the technical pullbacks, if any, a highly cautious view should be maintained for the coming week.