Shortsetup
GBPUSD - BUY Trade Idea:
📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART)
💡 RISK REWARD 1 :
💰 Risk 1% of your trading capital.
⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!!AND IF YOU WANT TO LEARN IT WHAT STOPPING YOU TO ASK HOW ?
NiftyENTRY TARGET SL Mention in the chart.
ALWAYS TAKE TRADE WITH CONFIRMATION
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
Tweezer Top A tweezers topping pattern occurs when the highs of two candlesticks occur at almost exactly the same level following an advance.
Like many other candlestick patterns, tweezers occur quite frequently.
Tweezers are more meaningful as part of other trends, especially pullbacks.
Script = Lupin
Time Frame = 1 Day
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EURUSD Short idea Let’s focus on OANDA:EURUSD SELL
The target is marked as per 15M & 1 Day with Fibonacci tool
Calculate by SMC Market Structure.
As per current Eurusd price on 15M chart Major 2nd BOS is complete now it’s time to retrace minimum 38% marked area with Fibbo tool TP1 and TP2 area is 50% marked same with Fibonacci
Thanks for watching.
ICT Approach to EURUSD Short.Hello traders!
I'm not going to elaborate on this too much. We're hitting equilibrium prices on the weekly and daily . Resistance expected . We also have a Daily Bearish OB that has already been tested, thus confirming a bearish move. The white box is a mitigation block which was not tested clearly earlier and left a gap. That what is expected to be filled. Hope you find this analysis useful. Only for educational purposes.
Do use proper risk management.
Happy Trading!
Profits,
Market's Mechanic.
Gold price adjusted down to $1910 after news Unemployment ClaimsThe price of gold declined yesterday after the US announced that 497,000 new jobs were created in June 2023, surpassing market expectations of 267,000. This news led to a significant appreciation of the USD and a decrease in the 2-year US bond interest rate from 5.12% to 5.04%. As a result, many investors shifted their capital into USD and bonds, reducing the flow of money into gold.
The consecutive decline in gold prices can be attributed to the strong labor market data and positive economic outlook, which alleviated concerns of a severe recession in the US. Additionally, the possibility of higher wages may compel the US Federal Reserve (Fed) to implement positive monetary policies and raise interest rates.
Jul 7's trend assessment continues the downward trend towards $1900
We can set up:
SELL GOLD ZONE: $1915-$1920 sl $1930
AND BUY GOLD ZONE at: $1880 - $1885 SL $1875
Based on EMA 34, EMA 89 moving average technical analysis indicator to trend on 7/7/2023
Godrej Consumer PR Shortterm tradesetup# Current Price= 1066
#The stock has shown rejection from the trendline resistance as per daily time frame marked in red.
#If the stock manages to close below 1058, the next expected target can be 1030 which will also act as a crucial support.
#Breakdown from 1030 with closing according to 4 hour candle may drag the price towards next support levels as marked on the chart in the green line.
#expected downward targets after breakdown:
Target 2=1000
Target 3= 980
Target 4= 960 or (trendline support marked on the chart).
Note: All the targets may act as a support, so keep trailing your SL as per your risk appetite.
Follow us for more such educational information. Give it a like if you appreciate the idea.
Axis Bank CautionIf you have Axis Bank in your portfolio or have long directional trade then today's low is very important for trend reversal. if today's low breaks tomorrow or in the coming session then the trend can reverse from the upside to the downside.
Disclaimer - I am not a SEBI-registered technical analyst and advisor so contact your financial advisor and make a self-decision. I will not be responsible for any profit and loss
INDUSIND BANKENTRY TARGET SL Mention in the chart.
ALWAYS TAKE TRADE WITH CONFIRMATION
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
GOLD 26/6 $$ The bears are still dominant ?Friday’s rebound in gold prices came on the back of diminishing open interest and suggests that the continuation of the rebound appears unlikely for the time being. In the meantime, the yellow metal remains bolstered by the $1910 per troy ounce for the time being.
Today, Gold price still stays at $1920 - $1930
Can SELL zone at
SELL GOLD $1931- $1934, Sl 1944
According to technical analysis, the support zone $1910 support is quite strong, combine 2 moving averages EMA 34, EMA 89 so that the downtrend project still prevails.
GOLD 27/6 ? Bulls or bears prevail 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 the Richmond Manufacturing Index will be released. These indicators will likely impact the price of gold. Despite concerns about a potential recession, the downside for gold prices seems limited due to its status as a safe-haven asset.
Today, Gold price is still around the $1925 mark, showing signs of moving towards the $1935 price zone
Set up SELL zone at :$1933 -$1935 sl 1945
Based on the technical analysis indicator resistance zone at $1935, combining 2 moving averages EMA 34 and EMA 89
GOLD 27/6!! The bulls are still trying to hold the price around Gold price struggles to make any significant progress on Tuesday and trades within a narrow range, just above the $1,920 level during the Asian session. The XAU/USD pair remains close to a three-month low reached last Friday and could potentially drop below the 100-day Simple Moving Average (SMA).
The upside for Gold price is limited by the hawkish stance of major central banks. The initial market reaction to the failed mutiny in Russia over the weekend was short-lived due to the strong stance taken by these central banks. It is important to note that the Reserve Bank of Australia (RBA) and the Bank of Canada (BoC) surprised the market by raising interest rates by 25 basis points earlier this month. Additionally, the European Central Bank (ECB) raised rates to the highest level in 22 years last week. Furthermore, the Bank of England (BoE), the Swiss National Bank (SNB), and Norges Bank increased their benchmark interest rates last Thursday.
Gold price prediction today is still sideways around $1910 - $1950, the downtrend still prevails
SELL GOLD zone at: $1940 - $1943 SL $1953
Based on technical analysis indicators EMA 34, EMA 89 with strong resistance zone $1940 - $1943