Jun 13 I predict selling but cant post here bcz of personal work
its a rising wedge pattern in 1H
A.
If it cross 495
One hour Trend Line is 489-487
There is 1st Demand zone is 485-481
If 1st demand zone cross down... The 2nd Demand zone is 475-473
If 2nd demand zone cross down... The 3rd Demand zone is 470-468
If 3rd demand zone cross down... The 4th Demand...
BTC Taking support and red solid line. But green line shows trend line from Wave 2 to 4. Further, Fibo-17, Fibonacci retracement level is 26,866.
There are these three possible areas of retracement, in the following order:
1. Red Line
2. Green Line
3. Worst cum worst White Line.
Expect a level of 37,000.
You may please mark these levels and execute...
Further downside past 0.6100 appears more impulsive.
NZD/USD stands on slippery ground as it renews its intraday low near 0.6060 heading into Tuesday’s European session, printing the biggest daily loss, so far, in a week.
In doing so, the Kiwi pair justifies late previous week’s inability of the bulls to retake control after breaking an upward-sloping support...
Gold Price fades bounce off an upward-sloping support line from late February by retreating from the 50-DMA hurdle, around $1,945 by the press time. Adding strength to the downside bias are the bearish MACD signals and a downward-sloping RSI (14), not oversold. With this, the XAUUSD is likely to break the stated support line, around $1,925 by the press time....
USDJPY extended a pullback from a five-week-old horizontal resistance by slipping beneath monthly horizontal support and 200-SMA, despite the latest rebound, as markets sensed the Bank of Japan’s (BoJ) exit from the loose monetary policy and unimpressive US employment report. Also keeping the Yen sellers hopeful are the bearish MACD signals and downward-sloping...
I have observed on numerous charts that price moves & touches the trendline or top/bottom box nearly four times, sometimes five times too before it breaks out. It happens on all time frames and it needs to seen, observed, studied and used diligently for taking trades.
When market makes a high and goes into consolidation it can be encapsulated in a bounding...
Timeframe: 30 min
Brief analysis:
HEROMOTOCO has started a five-wave impulse cycle from the low of 2745.5. Price has accomplished wave Y of wave (4) and started impulsive wave (5). Buyers will have an opportunity with a captivating risk reward to ride the trend after confirmation for the following targets: 3167 – 3210 – 3260+ .
In-depth analysis:
NSE...
NZDUSD slides beneath a two-month-old rising support line, extending late July’s downside break of the 200-EMA, as New Zealand released mixed second-quarter (Q2) employment data but the sentiment remains sour on US credit rating downgrade. With this, the Kiwi bears are all set to visit March’s low of around 0.6085. However, the late June swing low of around 0.6050...
AUDUSD fades bounce off a three-week low while poking a two-month-old rising support line, now immediate resistance around 0.6730, on the Reserve Bank of Australia (RBA) Interest Rate Decision Day. Adding strength to the upside barrier is the 200-DMA hurdle surrounding the said 0.6730 level. Following that, a run-up towards the 50% Fibonacci retracement of...
USDJPY appears well-set to reverse the previous weekly gains as it reverses from a three-week-old descending resistance line surrounding 141.00. Also adding strength to the downside bias could be the pair’s break of a fortnight-old support line’s break, as well as bearish MACD signals. However, the below 50.0 levels of the RSI challenges the Yen pair as US Dollar...
JYOTHI LAB monthly weekly strong breakout from the strong resistance of 235 with an uptrend channel. And also closed above the monthly uptrend channel pivot level. In day retracement level is 271. If it sustains above the retracement level of 271 it will reach the target of 367
Hello mates, As I know that this is month starting and this is not a appropriate time to analyze a chart on monthly time frame but I want to go some in deep to find out a pattern or kind of a reversal signs from strong support zones in it in Lupin so I may be find out some useful things could help someone that is all that it breaks a falling trendline on monthly...
Nifty after the IT sector result was dragged 230 points lower losing 1.17% and forming a long upper wick on the weekly charts.
On the daily fibonacci retracement, market took support around 38.2% levels and has respected it quite well. The market are in a bullish move and the retracement is also necesary for another leg.
The bullish trend is technically correct...
Overview:
Abbott India has accomplished the impulsive wave 3, and the price is forming corrective wave 4. Price has occurred the sub-wave A. and Sub-wave B. Sub-wave C of 4th wave is in progress.
After completion of wave 4, the price will start its bull run.
Fibonacci relationship and wave Formations:
Wave ((1)) is a five-wave impulse.
Wave ((2)) retraced ...
1. price breaking out of a flag structure after 12.5 % retracement, pole length 633
2. structure in uptrend
3. price took support at 20 DEMA
Trade:- staggered buy above breakout candle and retracement to breakout level with sl below the base
NZDUSD jumps to a three-week high while piercing the 200-EMA even as the Reserve Bank of New Zealand (RBNZ) refrains from lifting interest rates for the first time since October 2021. It’s worth noting, however, that the Kiwi pair remains within a five-month-old bearish channel while approaching the immediate hurdle, namely the previous monthly high of around...
The Fibonacci ratio of 0.618, often referred to as the "Golden Ratio" or the "Golden Mean," has several applications and is considered significant in various fields, including mathematics, art, design, and even nature. Here are some of the important aspects of the Fibonacci ratio:
1. Mathematics: The Fibonacci sequence is a series of numbers in which each number...
AUDUSD consolidates the first weekly gain in three as softer inflation numbers from the biggest customers, namely China, drag the quote from a fortnight-old falling resistance line, around the 0.6700 round figure. The pullback move also retreats as the RSI eases from the overbought territory, which in turn suggests the Aussie pair’s further weakness towards the...
