On 17 May, Bloomberg that the price of Bitcoin is at a high level of correlation with the shares of technology companies. At the time, it was suggested that the main cryptocurrency was perceived as a growth asset, fuelled by: → the launch of Bitcoin ETFs; → expectation of Fed rate cuts. But here was yesterday's Fed meeting, where the intention to cut the rate 1...
Tightness in price from absolute highs to lows & tight closes with little change in price from one day to the next & also from one week to the next are very constructive Any breakout from the upper horizontal line could push the stock upward
TCS is forming inverse head n shoulder pattern and can show a upside till 4050 with SL 3800
KNR CONSTRUCTIONS (1M TF) - MID TERM Trade Analysis given on 2nd June, 2024 Pattern: SYMMETRICAL TRIANGLE BREAKOUT - Monthly Resistance Breakout - Done ✓ - Monthly Volume Buildup - Done ✓ - Demand Zone Retest & Consolidation - In Progress Please Note: - Entry has to be at the Demand Zone at around 300 (which is also our previous target level which we achieved) -...
Hey everyone, What are your thoughts on EURUSD today? Looking at the 4-hour chart, EURUSD is currently in a recovery phase. The pair is filling the GAP and completing a retracement to the 0.5 - 0.618 Fibonacci levels. As of now, the price is sitting at 1.0759, reflecting a 0.05% increase for the day. It's expected that after completing this retracement, the...
#Jayshree Tea 13 Jun 2024 "Life is Simple, we make it complicated, So is Trading. Discover Simple, Yet Powerful Ideas." In Play : HH : HL Summary • CMP : 109.65 • Clean Price Action with Vol favor's BULLS FOOT PRINT with FALSE BREAKDOWN • Nice consolidation for the past 36 months/3 years • Trading right AROUNG VP mountain Conclusion • CMP 109.65 • Looks good...
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 price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your...
A complete clear breakout in Exide industries in monthly time frame , that's why we are seeing such clear moves hold it for a new league ,in July expecting 600+ great for both trading and investment purpose
#Harrmalaya 13 Jun 2024 "Life is Simple, we make it complicated, So is Trading. Discover Simple, Yet Powerful Ideas." In Play : HH : HL Summary • CMP : 201.65 • Clean Price Action with Vol favor's BULLS FOOT PRINT with FALSE BREAKDOWN • Nice consolidation for the past 8-10 months • Trading right above VP mountain Conclusion • CMP 201.65 • Looks good for going...
Overview & Observations : 1. Moving up from the 50% Fibonacci support level. 2. Volume Confirmation: Good volume on the breakout candle. 3. Price structure indicating upward momentum. Forminh HL-HH 4. Good rejection candle in W tf means, buyers are strong and dominant. 5. The RRR (Risk:Reward Ratio) is favourable. 6. Steady earnings growth, with good quarterly...
NIFTY 1:3 trade towards downside. Strong sellers sitting at 23400 and would like to grab liquidity of buy side and pull it down
Buy Indusind at cmp 1502 stop loss 1459 target 1576 -1620 Disc : It's not an investment advise to buy or sell
Breakout from a weekly pattern Faced resistance at the same level multiple times & price action reverted Good tailwinds in 5G networks for mobile communication
"Weekly Breakout: MACD and RSI Support with Retest"
Buy Idea in dp around 15.60 and 15.20 stop loss 14.35 target 18.50 -21.50-26 Disc : It's not an investment advise to buy or sell
there is bearish trendline and resistance tested .now get ready for fall
Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. The CPI indicator will be announced shortly at 9:30 AM. There are two issues with the FOMC US interest rate...
On a weekly chart, the stock price movement above 1630 can see it go to 1800 levels on a shorter time frame. Post which, it will try to wriggle out of the 2 year consolidation zone with a move above 1930. Will wait and watch. Note: Not a buy/sell recommendation. Consult your financial advisor.