Trend Analysis
STRATEGY Sniper : BTCUSDT Update strategy ongoing
1. The range was respected : when the price moved outside strongly reacted by reaching our zones.
2. The inefficiency at 58.7k was recover at first range break out. This is now a interesting zone, the plot reacts every time touches it or, if overpass this levels, strong breaks.
3. The inefficiency left at 53.7k left a range, which lower bound was identify with the last higher high before the three engulfings.
The price recover right after had broken the inefficiency level.
Nifty Holds Above 24400, Bank Nifty Slips FurtherIt was a very volatile day for Bank Nifty as the range was more than 2X that of yesterday which was the Budget Day. HDFC Bank and ICICI Bank have been the draggers and causing extreme pain for the investors.
Nifty on the other hand was able to recover and end above 24400 but is far from where the investors would like it to be seen.
Watch this video to know more about it.
Thank you,
Umesh
UPDATED THOUGTHS ON VIDEO ANALYSISHello traders, I am here with another video, this time with update from the last video I posted as today is Wednesday already. Currently it seem that some good set ups are developing on: NzdCad, EurJpy, AudNzd, AudChf, NzdUsd, EurUsd. I will be waiting to see what price will show me on this pairs. Thank you for following me, I will update you all with new analysis and thoughts once I see something interesting.
Bank Nifty Cracks On Budget Day, Nifty ReboundsBank Nifty came under extreme pressure today and ended the below its support level of 51800.
Nifty almost hit 24000 but made a sharp recovery and ended just below 24500.
Tomorrow is the weekly expiry of Bank Nifty so all eyes on whether it will bounce back or slip further.
Thank you for watching the video,
Umesh
Bears Taking Over? Trade Plan Nifty 50 22nd July 2024First Step of a successful trader is to build a Trade plan & review what he has done.
This is my Trade Journal . (education purpose for all )
Trend is down
Trade plan: Sell on rise.
for detail levels see the video
Jai Hind.
Disclaimer :
This video is only for educational purposes. Please consult your financial advisor before you take any trade.
FX VIDEO ANALYSIS ( 22.7 - X )Good evening traders, welcome to another video analysis for quite a few FX pairs. I hope you will enjoy it and if it matches your rules get into some positions and profit from it. I had some technical issues while recording and had to record 3 times so I apologize for any minor mistakes I may have made during the recording. Have a good and profitable week ahead and God bless you!
T
Weekly Wrap Nifty 50 20th July 2024First Step of a successful trader is to build a Trade plan & review what he has done.
This is my Trade Journal . (education purpose for all )
Trend is down, Sell on rise
Critical levels & Traadeplan see the video till the end.
Jai Hind.
Disclaimer :
This video is only for educational purposes. Please consult your financial advisor before you take any trade
Nifty Hits A New ATH But Ends In Red at 24530Nifty hit a new all-time high at 24855 thanks to Infosys but the duo of Reliance and HDFC Bank dragged it way below from that level and it could barely manage to hold on to 24500 levels.
Bank Nifty also slipped but somehow managed to end above 52250.
Next weel is the Union Budget so 51800-52000 levels are crucial for Bank Nifty. Any breach of these levels may drag the indices further.
Please watch the video to know more about the market moves today.
Thank you,
Umesh
Log Scale vs Linear Scale ChartsLog Scale vs Linear Scale Charts.
Log Scale - It is a type of representation where price is equally distributed in percentage.
Linear Scale - It is type of representation where price is equally distributed in terms of price points.
There will be no difference in terms of Moving averages, Fibonacci, Horizontal levels if you select any of two option.
ANALYSIS UPDATEInteresting week ahead of us, many analyses played out already and some unfortunately not. However it is still only Tuesday, just wanted to post a video to get through the charts with you and share my thoughts.
Have a good day ahead and trading week, will update you at the end of the week and in the mean time I will be monitoring the positions.
T