Technical
Bullish View If SGX Nifty Breaks 15750-15780 Then It Will Goes Upto 15850-15900. At 15850 Is A Resistance to That So Please Keep Your Positions Little Because Volatility Is Very High So Please Avoid Trades in This Volatility Market. Hope You Understand My Opinion. This is for educational purpose only. If You Are Taking Any Position Consult Your Financial Advisor. Thank You
banknifty 15 july to 17 july key levelsPlease see price action at support and resistance levels. If there is rejection at support(Hammer) and resistance(Shooting Star) on 5 min candle then take call above the high of hammer and put below the low of a shooting star. Keep stop loss at opposite end of signal bar.(Hammer/shooting star). Inside candle may form in place of shooting star or hammer. Then take position on which direction inside candle breaks.
Revised Mid-Year Outlook ahead of Capitulation 14th of June 2022Previous forecast on BTC was obviously invalidated once it broke out of the wedge pattern which was being respected from January 2022 until early April.
Whilst I am not a FA trader, the state of the global economy can simply not be ignored. Thus my guess is that we'll see a long bleed and eventual capitulation down to the 80-88% retracement level to safely say that the bottom is in before it continues its climb in journey of the next bitcoin halving, some time around
The material I post is purely educational. I'm not influenced by anyone's bias or social commentary. I simply express my thoughts and opinions on the markets based on what I'm able to see that's mainly based on my ability to recognise familiar patterns and events, most of which comes from having spent more than 20,000 hours chart time charting and observing BTC's movements since 2017. As of the past year, BTC has enjoyed retracements to the 0.5 fibonacci level when viewed across smaller time frames despite preferring the golden pocket zone during it's previous halving cycle.
Do you think BTC will ever make a new ATH again within the next 3 years? Leave your answers below.
GBPCHF Trading Plan - 02/Jun/2022Hello Traders,
Hope you all are doing good!!
I expect GBPCHF to go Up after finishing the correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
Banknifty 19th April 2022 - Intraday Trade Analysis
Today, Banknifty opened gap down around 600 points and in the last hour it forms some green candles and close near 36700.
Flat opening - If it moves up and go near 36900 and 37000 will look for selling on any negative price action. Sell on 5 min red candle with high of the candle will be SL and target will be 1:2.
Gap up - Wait for negative price action near 37000. Will look for sell
Gap down - 36500 will act as support so will wait for some retracement before selling.
Thanks