Gold prices remained subdued on Wednesday as the U.S. dollar gained strength following hawkish remarks made by Jerome Powell at a central banking forum hosted by the ECB. By late afternoon, the XAU/USD was down by approximately 0.15% to $1,910, approaching its lowest level since March 15 and heading towards a monthly decline of over 2.5%. During a panel...
Investors will be closely watching the upcoming speeches by top central bank officials, including Christine Lagarde, Andrew Bailey, Jerome Powell, and Kazuo Ueda. These speeches will provide valuable insights for investors. Additionally, on Tuesday, important US economic indicators such as Durable Goods Orders, the Consumer Confidence Index, New Home Sales, and...
Took this Short on BTC BTC has took the LQ, Now it will trap all the long position. We can see a massive sell from these levels. Before that we need to a Change of Character, i took this risky short, lets see how it plays out.
SELL Signal Activated, NIFTY has been broken support trendline, So, It is important for bullish set up to fast recover above support trendline, But if Nifty will be traded below 18530, It will go to downward .. So, Sell below 18530 only. Target Levels : 18430, 18346, 18130 SL: 18668 Risk is yours and Reward is too yours totally.
-1x 29JUN2023 600CE - ₹ 3.65 +1x 29JUN2023 620CE - ₹ 1.15 Prob. of Profit- 81.88% Max. Profit-₹ +3,750(7.34%) Required Margin -- ₹ +51,084 PCR-0.60 At the 600 strike level, 14,580,000 of OI which is the highest CALL selling There was a 2,499,000 OI change. 577 is a crucial level for SBIN, but as the candles are getting smaller in size 1Hr time...
Hello Friends, Here we had shared possible wave counts of SRF Ltd. which is clearly showing corrective phase in current scenarios, After completing impulse move as 1-2-3-4-5 now we are in correction, which is unfolding as A-B-C as a zigzag correction pattern, which should unfold in 5-3-5 subdivisions, and already we had finished wave A and B, now possibly we are...
TVC:GOLD Gold price is consolidating in a narrow range of 1,955$-1,965$ on an hourly scale. The precious metal has turned sideways around the 50% Fibonacci retracement (plotted from June 02 high at 1,985$ to June 05 low at 1,930$) at 1,965$ The 50-period Exponential Moving Average (EMA) at $1,959.38 is providing cushion to the Gold bulls. US banks seem...
1. head & shoulder formed 2. with strict sl one can go short
1 . hindalco forming bearish patterns 2. head& shoulder pattern formed 3. inverse flag 4. abcd may happen in harmonics 5. with strict sl one can go short
1 . good oppurtunity seen in balramchin as head & shoulder broke down 2 . with strict sl one can go for short 3. respect sl
In daily chart EURUSD formed the bearish candle with strong selling Volume candle. In 4hr Time frame it has formed Falling Wedge Pattern and make breakdown for downside. ------------------------------------------------------------------------------------------------------------- Risk and reward In this trade will be 6:91 Entry At : 1.09761 Sl will be :...
The price was expected to drop as the 2055 area was retested before. Easy break out sell and now waited for NEWS volume to do the rest.
Attached: Nifty 50 Daily Chart as of 19th April 2023 In the above Nifty 50 Visualizer Chart, I want you to pay attention to 3 things: 1) Trend Lines 2) Fibonacci Retracement 3) RSI This is quite a Self Explanatory Chart but for those who don't get it, here are a few points for explanation: - Notice how Price has reacted around the Trend Lines and the Marked...
Quite simply, BTC hit an important resistance (main trendline in dark red) daily RSI points to bearish divergence. And a sale now. If it goes up a little more, I'll concider another beartrap. Buys at HKEX:25 ,400 and HKEX:21 ,200 as macro structure remains bullish. NOT A FINANCIAL ADVICE.
Attached: BSE Sensex Daily Chart as of 25th April 2023 Yes you read the Title of this Post correct, to put it simply: Nifty is Deceptive but the Sensex is Truthful In the above BSE Sensex 30 Chart, we see that Price is facing Resistance at the Channel Trend Line drawn from the December 2022 High. There are presently 3 touch points already for the Channel and...
Attached: PIIND Daily Live Market Chart 26th April 2023 SELF EXPLANATORY: Lower Highs and Lower Lows Head & Shoulder TOP with Necklines Targets marked as well SELL at Current Market Price Note: Had a Long View of PIIND before but now it is a Flip from Long to Short
Attached: Nifty 50 Hourly Chart as of 25th April 2023 EOD A Leading Diagonal in form of ABCDE in Wave 1/ A and then a Pullback in Wave 2/ B And Now the 3rd Wave/ C Wave has started Targets for this Wave Down are anywhere from: 17600 to 17340 Note: Alternatively the Leading Diagonal could also be Wave 4 and 5th Wave is complete and so Wave 2 can Dip down to...
Attached: Nasdaq 100 CFD Daily Live Chart as of 25th April 2023 Was waiting for a quite a while for this to play out and it finally has today in the Nasdaq Price formed a Distribution Pattern and today we are finally getting the Breakdown MACD also in Sell Mode 13k Level is Lost and below 12800 it is a Confirmed Breakdown. This has BEARISH Implications, a Top...