BankNIfty has consolidated in nice triangle pattern with the help of fib retracement and trend based fib extensions identified some important downside and upside important level which cant act as support and resistance
Dear People, Please find next move, you can wait for the retracement at the Demand area and then we can go long once we see any movement
1st of all Happy New year to all Prestige has given a good breakout followed by retracement in monthly timeframe and the volumes look fantastic not onl that in daily time frame it has given a Symetrical traingle breakout its definetely and entry #Peace
Nifty Analysis based on the Fibonacci Analysis. Nifty is on the Support from 61.80% Retracement Levels and expected to be bullish above this Levels and Bearish below this Levels.
THe weekly price action of Nifty seems to be respecting the Fib retracement crucial zone between 50%-61.8%. There is a daily supply zone co-inciding with the aforementioned Fib zone. Given that the trend as per pivot analysis on weekly time frame is down, and there is an area of resistance around 17250-17500 due to multiple crucial indicators such as Bollinger...
DLF targets with the Help of Fibonacci Extension. With the help of Fibonacci retracement and Fibonacci extension we can assume the target of any stock.
CADJPY SELL SETUP FOUND as we can see that cad jpy was bullish from last few days now it has broken trendline, i can expect a good sell from cadjpy after retracement
aud jpy buy setup found as we can see that aud jpy was coming in sell direction from long time and now here is just broken the channel and what i can expect from aud jpy is retracement at channel than i will buy aud jpy from my target area
nzdusd has showing channel setup on daily timeframe, now here market taking support on lower daily timeframe, we can also see the buyes setup as the market has making range in h4, the range is almost broken and we can see for retracement and entry..
usdjpy sell setup found as we can see that usdjpy has broken the channel and now market wanted to retrace it, we can have a great opportunity to sell usdjpy on retracement level
euraud sell setup found euraud showing strong sell setup by candlesticks analysis euraud has falling the channel for long time, now it is showing that it has broken the trendline , here is the potential for sell the market from both of side, from major and minor wave , from both side market has broken trendline now we can expect a good sell for euraud after retracement
buy setup found usdjpy As we can see that the usdjpy bhai has given a good break out with trendline now the time for retracement with usdjpy Current situation in usdjpy by the market has came to retrace on the Fibonacci level 78.6 and 88.6 from this lavel we can expect a great movement by us usdjpy we have enoughconfirmation for usdjpy this is a best time...
xauusd buy setup found gold was given a big wick in daily timeframe and madfe many traders crazy, actually i was just retracement from gold on daily timeframe on channel trendllinbe, now it has retested and i can expect a great buy move from gold
In this video I have explained Nifty 2hour chart where nifty took support of 23-38% retracement range and now can bounce for wave v as explain in video. I have also explained 30min in 5min chart for immediate move in nifty. For better understanding kindly watch video. Thanks for watching.
euraud buy setup found euraud has falling the channel for long time, now it is showing that it has broken the trendline , here is the potential for sell the market from both of side, from major and minor wave , from both side market has broken trendline now we can expect a good sell for euraud after retracement
Like i have mentioned in the video , its the point of confluence for 3 different trenline resistances. It also happens to be the 0.236 Fib retracement level from the Covid lows. I am a pullback trader and i try to spot entries early. This offers a very good RR of 1:5 at the very least. The idea is in collaboration with my friend @Sarvagyasharma . Entry @...
👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 1000 Followers 🔥🔥 🔥 Strategy : ✣ Channel pattern breakout on 1M chart ✣ Good monthly consolidation and weekly too ✣ On a weekly basis good retracement of 30% multiple times tested near that level ✣ Good triangle pattern on 1hr and 1d both ( Trade on TF whichever suits your setup...
👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 1000 Followers 🔥🔥 🔥 Common sense used : 📌 Weekly time frame: Make 2 fib from 2 different from one will give you 30% retracement of price and one will give 50% - a sign of extreme bullishness 📌 The supply zone is broken and now converted into a demand zone on those bullish levels...