Bank nifty had broken all the previous supports today and is expected to continue its down trend. As bank nifty is overly sold, a pull back rally can be expected before it continues its down trend. Currently, Bank Nifty is sell on rise mode and one can expect a reversal from the marked harmonic level.
Looking to go short after filling the FVG left on this impulse move down.
Trade details: Monthly tf: Market reach the all time fib extension levels (1.618). possible to came for correction. Weekly tf: sideways going on day tf: market reach the day support but, still it not change the trend to up trend, still we have a possibilities to sell Hr tf : day tf correction completed (0.328) and hr tf trend was changed.
We forecasted and shared our view of GBPCHF. And this is how it turned out - Gave us 159+ PIPS, 1:4.7+ Risk to Reward Ratio!
Expecting bullishness in #HCL_TECH in the short term untill it breaks and open & close candle formed below 1060 levels.At the same time Indian IT index took support around first level retracement area and its moving upside.Even though all looking good still Ukraine-Russia crisis hearing in our ears,so we should act according to global cues(Taking decision...
Setup Contains: 1. Stop Hunt 2. HTF Point Of Interest 3. Break of Structure 4. Return To OrderBlock FOLLOW PAFX & TRADE LIKE BANKS 💸
GRASIM INDUSTRIES Grasim broke its support line and then consolidated for 3-4days. Now again it broke down today forming Inside candle Also rejection from 50% fib level and support at 38.2% fib level. If it breaks 1515 levels then possibility of more downfall. Avoided in case of gap down. Note: Levels are for education purposes only. Do your own analysis...
Setup Contains: 1. Stop Hunt 2. HTF Point Of Interest 3. Break of Structure 4. Return To OrderBlock FOLLOW PAFX & TRADE LIKE BANKS 💸
USDJPY trying to test the orderblock and then it will reverse back to making lower low. wait for the setup to unfold. Trade at your own risk.
Setup Contains: 1. Stop Hunt 2. Point Of Interest 3. Internal Break of Structure 4. Expecting Proper Break of Structure 5. Return to OrderBlock (Expecting ) FOLLOW PAFX & TRADE LIKE BANKS 💸
Wow,Britannia Industries trading near its super demand zone.Can consider for swing trade with around 9% ROI and also for short term with around 16.95% ROI.As i always say whatever we do must follow risk reward and money management.Have a profitable trade.
Setup Contains: 1. Stop Hunt 2. HTF Point Of Interest 3. Break of Structure 4. Return To OrderBlock FOLLOW PAFX & TRADE LIKE BANKS 💸
As gold reaches very close to strong resistant and very close to above parallel line, now this may be the right time for reversal, If WAR doesn't take place then market will start declining from here only, but in case of war, no prediction can be made for short.
here bnb can have a bearish or bullish move according to the 4 hr timeframe as i see blue line is daily DAY and green line is HOUR trendline bnb broke day trend line as i have posted already i have a short trade on bnb and i also look for short time trade so i took this trade if bnb has a bearish candle in hr tend line it has a bear move and break the trend line...
As per current market sentiments and global news we can see bearish momentum in Nifty 50 in upcoming days. Technically also the Index is forming descending triangle pattern taking support at 16900 -800 zone and once this support breaks than we can see Nifty to 17600 levels. Now talking about the levels plotted on chart we can plan out trade based on these area,...
Setup Contains: 1. Accumulation Phase (Asian Session) 2. Manipulation (London Session) 3. Break of Structure 4. Return To OrderBlock 5. Distribution FOLLOW PAFX & TRADE LIKE BANKS 💸
NZDUSD recently break the key support level, again reach the same level for re-test, then it is expected to have a down fall from this level
This short trade on Clean Science & Tech. gone well. More than 20% downside move from rising-wedge!