Reversal Anticipation: If silver's current price holds at 71300, there's an expectation of a trend reversal. This could signal a shift towards a more positive or bullish market sentiment.
Bearish Trend Warning: Conversely, if the price drops below this level, it suggests potential further downside and a bearish trend in the silver market, prompting caution among...
I entry after huge moment there have fvg the anyway market touching fvg that's true.
My entry 5 mint fvg touching and market shift the I enter there target is touching 1hr fvg and stop loss is above the 5 min fvg .
* Market travel liquidity to fvg or ob but my entry are safe for save money
EUR/USD edges lower to 1.0941 amid the firm USD.
The US S&P Global Manufacturing PMI for December eased to 47.9 vs. 48.2 prior, weaker than expected.
The increased odds of rate cuts from the European Central Bank (ECB) weigh on the Euro.
The EUR/USD pair remains under pressure during the early Asian session on Wednesday. The downtick of the pair is driven...
Oil has tendency to fall by more than 70% from the top. After topping out at $138. After many production cuts and effort to arrest fall in price by OPEC+ and news that Oil is headed to $300, Oil continues to show weakness. Lower demand from bigger economies, expectations of falling Oil price and shift to alternate fuel will further pull-down Oil prices, possibly...
Cipla is currently exhibiting signs of a potential head and shoulders pattern breakout (b/o). This technical analysis pattern often signals a reversal in the prevailing trend. The pattern is characterized by three peaks, with the central peak (head) higher than the surrounding peaks (shoulders). A breakout is anticipated when the stock price falls below the...
In the monthly chart, on the left-hand side, it can be observed that 2017 highs acted as a strong resistance. But once this level was taken out, it started acting as a support in 2022. Holding the very basic idea that a resistance once taken out, start acting as a support. You would observe this concept several times on this chart.
On the right-hand side, we can...
#Ethereum Market Update: On the Way to $2800!
Current Status:
Ethereum (#ETHUSDT) has shattered the $2300 resistance mentioned in the last post and is now trading above $2400.
Bull Flag Resistance Broken at $2255, with a successful retest at $2200.
Analysis:
Bullish momentum continues, setting the stage for a push towards $2800.
Caution: In the event of a...
1. **Primary Support: 48500 (Previous Resistance, now acting as Support)**
- If the market opens above 48500, watch for sustained trading above this level. If it holds, it could signify a potential shift in momentum, turning the previous resistance into support.
2. **Secondary Support: 48213**
- This remains a crucial support level based on your previous...
#NaturalGas
Timeframe: 30 mins
In the current market, 214 is a key resistance level, signifying potential obstacles for upward movement. Conversely, 210.1 is a crucial support level, indicating a potential bounce-back point. Observing price behavior at these levels provides insights. A breakthrough at 214 may signal upward momentum, while a drop below 210.1...
#USOIL 🔸#CrudeOil
🔸Timeframe: 15 min
In the oil market, a bullish scenario is anticipated if prices surpass the critical level of $72.43. This could signal a potential upward trend, prompting traders to consider long positions. Conversely, if prices fall below the key support level of $71.64, a bearish outlook may emerge. This level is crucial, as breaching it...
TataChem Stock Analysis
The TataChem stock is showing positive signs as it embarks on a journey towards its all-time high.
Volume Support:
The stock is backed by strong volume support, indicating heightened investor interest and confidence in the current price movement. Robust volume can enhance the reliability of the price trend.
Breaking Out from Long-Term...
To summarize, the gold market's recent performance signifies a robust bullish bias.
The gold market experienced a modest rally during Tuesday's trading session, underscoring the persistent bullish sentiment. Of particular significance is the $2050 level, which has emerged as a key focal point.
This level not only serves as a formidable support but also...
The "Castrol India Big Breakout" trade idea suggests a significant and potentially trend-defining movement in the stock of Castrol India Limited. A "big breakout" typically implies that the stock is poised to breach a key resistance level, signaling a potential shift in its price dynamics. Traders and investors may be anticipating a substantial upward movement,...
🔸 Timeframe: 4 hours
🔸 Strategy: Long
Crude oil prices witnessed a decline as they were unable to breach the resistance at 6225, leading to a downside. It's crucial to note that the market dynamics might undergo a shift, especially considering the influence of upcoming manufacturing data from both China and the USA.
🔸 Resistance: 6279
🔸 Support: 6142
Unveiling the Head and Shoulders Pattern on 30-Minute Charts
Introduction:
In the dynamic world of stock trading, technical analysis serves as a powerful tool for investors to identify potential trends and turning points in the market. Recently, ICICI Bank has caught the attention of traders and analysts as it has formed a significant technical pattern on its...
The stock just broke out of a double bottom pattern on the weekly chart, and it did so with a strong bullish candle. This could signal a shift in momentum or the continuation of an upward trend. It's a significant move worth keeping an eye on for traders and investors.
