In Daily and Weekly, TF shows weakness, so every bounce is a shoring opportunity. There are two resistance on the chart in 4Hr TF, as marked in the chart. The strong support zone near 138.500-139.200.
Fundamentally USD is Going to Be Super Strong because of upcoming positive events for USD which is not good For XAU/Gold
Personally, I am Thinking of Going Short on GBP/USD Because GBP is looking Bearish Fundamentally and USD is also Looking Bullish Fundamentally
INDUSIND BANK Weekly Elliott Wave Counts, completed Sub wave (1) of the parent Wave V. Wave V is pending. Where, Wave III is nearly two times of Wave I. So, expecting Wave V to be at least equal to Wave I at 2442 or 0.618 of Wave IV projected from the top of Wave III at 7344. Trade at your own risk. Regards, Arman dhull.
Hello Friends, Currently, Nifty is in a short-term correction. In the long term, Nifty has been in motive impulse wave since 20 March 2023 registering a low of 16828. On a major degree, 3 wave is completed on 6 July wherein subordinate 5 wave is completed. Currently, 4 wave correction has started with a smaller degree a wave is unfolding. 4 wave is expected to...
Hii Guys, It is me Nova, I BTC now the Trade is Bullish, which before few mins it was in range bound and broke above with the New high, We can wait once it will tests the low again of the previous swing and we might see the upward movement and bulls in few mins. wait for the perfect setup, Make sure to manage your risk and take trade with proper risk...
Please see the chart for targets and sl for long term and short term. Note: please make you low analysis and trade safe
Hi. DIVISLAB completed the gap filling and reversed move upside. will break 1st Target soon.
#banknifty weekly time frame analysis:- Rising weekly trendline, two probable setups. a) Trend reverses b)Trend continues But when looking carefully at daily TF, the 5th wave is still not complete and the rising wedge can break on the upside and the rising wedge will turn to rising channel. #elliotwave #trading #stockmarket
BPCL Weekly Elliott Wave Counts, The full impulse of BPCL is pending. Wave 5 is pending. It just completed the triangle forming in the wave (4) Also, Wave (3) is almost 1.618 of Wave (1) So, expecting wave (5) at least 0.618 of Wave (1) at 722 and a second possibility of equality between the two waves at 1450. Best stock to be invested at this time. Trade at...
I have made efforts in Explaining the upcoming trend likely to take place One can take time to justify your own way trading method and take the decisions in participating the market Goodluck
NYSE:LTC 1-hr. Chart Analysis Litecoin moving under #FallingWedge Pattern from last 10 days, and it was created new #ATH of 2023 on 1st July 2023 at $115 and after that continously falling from previous All Time High Mark 10 days ago. Under this Falling Wedge pattern and #FIBretracement markup points, mostly chances to reach out again $88 to $85 within coming...
Trendline is breaking and higher high is ended, i am travelling can't write much, Take a trade if it suits your syle. I am price action trader, lot of thigs need to tell but time is limited.
Market is back with the lower low and pushed the vwap to downside, we will see the bearish market for some time.