USD/INR, EUR/USD, GBP/USD, USD/JPY, USD/CNY, DXY
VODAFONE IDEA LTD, JET AIRWAYS INDIA, YES BANK, RELIANCE COMM LTD, INFIBEAM AVENUES L, PC JEWELLER LIMITE
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Shorting 300 CE at 3.6
Price above cloud.
Break of triangle leads to upside movement.
TGT: 213, 223, 239, 247
Nice price action, bouncing from support areas. Seems bottomed out on daily and weekly charts. Can go long as decending triangle breakout coming soon.
Disclaimer: I am a novice at charting and this chart is for educational purposes only. Views and opinions are welcome.
In the above chart, I have indicated a Breakout from a rectangular consolidation and simultaneously Eliottt Waves action in order to showcase the importance of both in Technical Analysis.
After few weeks of consolidation in rectangle formation, the price action broke out from the rectangle on Wednesday indicated strong buying pressure and thereon the price action ...
After few weeks of consolidation in rectangle formation, the price action broke out from the rectangle on Wednesday indicated strong buying pressure and thereon the price action remained and managed to close above 184 resistance level for three continuous day. Buyers look excited and shall move prices up.
As per Elliott Waves, there is completion of Regular Flat ...