long downtrend, following the levels and preparing for a bearish move
Price has taken daily LQD on 2,331.86 level + tapped into demand (2,329.93 to 2,303.43) 15min give us a entry signals
1.Moving averages - 21 Ema above 50 -50 Ema above 200 -Gap between Ema seems better 2.uptrend continues observed 3.Good pivot levels
According to the Elliott Wave Theory, the Elliott Wave Structure describes the pattern and arrangement of price movements in financial markets. Based on extensive analysis, it appears that the stock has completed wave 5 on the daily chart. A corrective wave (a-b-c) has begun. Currently, it appears that the first wave (a) of correction is over and the second wave...
The Elliott Wave analysis shows that the stock has completed waves (i), (ii), (iii), and (iv), as represented by blue numbers on the daily chart. Wave (iv), also known as the corrective wave, followed an a-b-c pattern, as seen in red. It has retraced approximately 61.8% of Wave 3. Wave (v) commenced following the end of wave (iv). Wave (v) is projected to...
The Elliott Wave analysis indicates that the stock has finished waves (i) and is nearing the end of waves (ii), which are shown by blue numbers on the daily chart. Wave (ii), also known as the corrective wave, unfolded in an a-b-c pattern, as indicated in red. Wave c of wave (ii) is unfolding, and it is a buying opportunity on the downturn (dip). The chart...
#BTC/USD D1 Technical Analysis: (Market Maker Buy Model) + Rejection from FVG in SMR phase + FVG + OB + Buy Stops draw + Sell Stops swept
Good morning, friends! 🌺🍬 Here are the directions for May 28th: The global market is maintaining a bearish sentiment based on the Dow Jones, while our local market suggests a moderately bullish trend. We might see a neutral to slightly gap-down start today, as indicated by GiftNifty, which shows a decrease of 15 points. In the previous session, Nifty had sharply...
Bank Nifty has the same sentiment. Structurally, it's a little correction followed by a long rally. So, if the market opens neutral or if the initial market takes a pullback, we can expect a range market within the previous day's range. After that, if it breaks either upside or downside, then we can follow that trend. Here also, my opinion is bullish. An...
Hi Folks, I am not a SEBI registered analyst; this analyst is based on my observation. i am not given Buy/sell or Sell/Buy any signal this just for learning purposes, Investor can use this to identify swing trade or positional trade setup if they know how to use price action. Here we can see Cipla LTD, is trading about 1500 level, this is very curtailing level...
Hello Friends, this is quick analysis for #crudeoil. as we can see crudeoil is trending in range so it seems to fall in one or two days so based on this channel we can plan short option PE position. I am not giving direct idea to buy this option but do your own analysis based on other data as well then take your risk. Its my view for this #crudeoil swing...
Silver has been on fire recently and it took support at the 3 year high setting the stage a sustainable bullish trend longer term
Symbol - NZDCAD NZDCAD is currently trading at 0.83500 I'm seeing a trading opportunity on sell side. Shorting NZDCAD pair at CMP 0.83500 I will be adding more if 0.83750 comes & will hold with SL of 0.84100 Targets I'm expecting are 0.82660 - 0.82100 Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading...
BUY BTCUSD 68500, SL 68100, TGT- 71500 and 76000 price consolidated at 68500 and its generated a Block order at 68500, its already took 2 times support and 3rd generated a Block order and price is also in uptrend in 1H chart. and also don't confused with it will take resistance at 71500, it will not take Resistance at 71500 it will cross above and will go above...
stock raising from support trend line trading at 50 % feb retracement from first. 8000 is the first target 10500 is final target support 6500 This analysis is my own idea. I don't recommend taking trade based on this idea. Know the market risk before trade.
Elliott Wave Analysis:- A triangle is formed and a upside breakout is expected in a weekly pattern.
BPCL long term trend is looking bullish. Fibo between the golden retracement plus it has rejected & reversed the head & shoulder pattern along with macd crossover. Above the 100 200 EMA. Cant ignore this price action, 15% upside clearly visible in 4-6 weeks time. Follow the below levels. Target1 611 Target2 628 Target3 647 Target4 666 Target5 688 Target6...