EWT – Is Natural Gas Prepared for a Reversal?In our previous article, we discussed impulsive wave C and its continuation. On 20 January 2023 , Price achieved our all given targets.
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Timeframe :
MCX Natural gas has accomplished the corrective wave B and started falling for impulsive wave C. Price has given a reversal from previous wave C, but it is no conclusive evidence that it has completed wave c.
When it comes to confirmation, Traders should watch the level of 313 . If the price breaks out the 313 , it will enter into the parallel channel. Traders can buy for the following targets: 321 – 340 – 366 .
Don’t forget prices are moving outside the channel, which is a negative point for bull traders. Bearish continuation is possible if the price sustains below wave (4).
I will update further information soon.
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GBPJPY Next Move (One Week Forecast)As per previous chart history, this is a buying opportunity for all if any international news does not impact GBPJPY this week... All major points are mentioned on the chart itself...
Please do your own research before any long/short trade setup...
This analysis is invalid if it crossed 155.803 downside...
I am long with this setup of GBPJPY
Thanks for your support
usdjpy touching its major supportUsdjpy
All jpy pair touching their lows during last fundamental jpy broke its zone of 130 which was acting as a support for one month.Now for this week we can see price movement within a descending channel and very soon price will test again a solid support zone of 126. Where we will see a little bullish move upside but remember for good and healthy trend move price should break this either on both side.. Around 126 zone all support acts like horizontal and and vertical if price hold this support zone after retest we can take entry within a following channel
Ger40 next move for Bigger ProfitAs per previous chart history and my personal calculations, GER40's next move depends on the first support line @14966.6. RSI is crossed 70 and now it will retest following supports:
Sell Stop Below 14966.6
TP1 @14827.8
TP2 @14634.6
TP3 @14446.2
if crosses downward the 14966.6 then only this analysis is valid.
NSE AAVAS: Impending AdvanceNSE AAVAS accomplished wave (5) of wave C at 1698 and started an impulsive cycle from the parallel channel's lower band. Prices are forming into the downtrend channel, and wave (4) breakout can give a steady uptrend for bulls.
Fibonacci Clusters:
1) Cluster range of 1749 - 1738.6 . Trend-based Fibonacci extension of 0.5 at 1749, and 1.618 reverse Fibonacci of 4th wave at 1738.6 .
2) Fibonaaci externtion of 0.618 at 1683.6 .
Trading Plan:
If the price sustains a cluster range of 1749 - 1738.6, traders can trade for the following targets: 1835 - 1885 - 1945. Safe entry is possible after a pullback.
Invalidation : Below wave (5)
XAUUSD Pre-Prediction till 13th January 2023As per previous chart history or my forecast about xauusd, it is going according to the forecast as in previous chart and itself. All major points are mentioned on the chart... Go through all points carefully and enter in this volatile market at your own risk...
Thanks for your support...
EURUSD Next Move Depends on Strong Resistance(1 Week Prediction)All Local and Major Support/Resistance are mentioned on the chart and your can put Short/Long trade after confirmation...
I am long with this scenario...
Please do your own research before entering into this stable/Flat market...
Major Resistance @1.07542
Local Resistance @1.07043
Local Support @1.06256
Major Support @1.05782
Thanks for your support...
GBPJPY Buying Opportunity One Hour Time FrameNow I am putting LONG trade setup and my buying point is between 159.300 to 159.700
As per my calculations, there would be 3 TPs and all will be achieved within one week...
This is my personal opinion and do your own research before entering into the position as mentioned on chart...
Thanks for your support
YES Bank Next Move (Within next 3 Months)All indicators or previous chart history showing upward movement of YES Bank BSE
This is buy trade setup and valid for next 3 months...
All analysis is based on historical data and some calculations based on RSI indicator...
So, do your own research before trading this stock...
Thanks for your support...
NSE PEL: Watch-Out For Cup And Handle BreakoutPrice has been trading in the long-term channels for more than 16 months. After making a low of 785 , prices started rising to the upper band of the parallel channel. Currently, prices are trading above 100 EMA .
PEL has formed a value area with a cup and handle pattern. The neckline of the cup and handle pattern is also the upper band of the value area at 915 .
GOLD H1hi guys,
all of us doing good ,quick update on gold h1 chart we are alredy traveled for 2 swings in short period and now begins another swing we will grab all of this swing movements in inch by inch ,
bullish targets
1796 holding above next targets open on 1804
1788 holding above next targets open 1793,1797,1804,1807
1804 holding above next target open on 1819
bearish targets ,
1804 holding below next targets open on 1796,1793,1788,1786
1793 holding below next target open on 1788
1786 holding below next target open on 1781






















