Here is a special case of a snapshot of Nickel Futures. It is entirely illiquid but from our naked eye, We can see a pattern here. A range of machine learning algorithms and statistical models are employed to detect such underlying patterns. From our naked eye, We can spot tradeable opportunities as shown in the dotted lines in the above chart.
The Ukrian Russia war the price of all commodity hike the price of nickel hike 70% in a single day, i think commodity super cycle Peck is near.
MCX:NICKEL1! #MCX:NICKEL1 reached 1000+ points with level 2047 and now trading @ new levels, Next potential target marked on chart. Happy LEarning !!
MCX:NICKEL1! #MCX:NICKEL trading bullish and reached ATH, Potential level marked on chart only for learning. Also marked my trade details with entry and stop loss for easy reference. Sharing live trades for gaining live market experience for beginners, target hit/not Hit doesn’t matter, only the experience matters. Share your feedback to continue live trades...
Nickel - Sell once it break down from the range. Nickel - Sell below 1960 SL 1976 TGT-1&2 mentioned in the chart.
Descending Continuation Triangle Implication A Descending Continuation Triangle is considered a bearish signal, indicating that the current downtrend may continue. Description A Descending Continuation Triangle features two converging trendlines. The bottom trendline is horizontal and the top trendline slopes downward. The pattern illustrates lows...
MCX Nickel is following the above uptrend channel from 23 Jan 2020. And making a good trade opportunity for commodity traders. Nickel's upward trend is not over yet. But we may see a downfall below the control price, and it can be up to 1686 - 1620 . But what happens if it breaks the control price? It's a 100% sign for a buy signal. But intraday or...
Nickel is around resistance zone,, let wait for reversal confirmation ,,
NICKEL analysis I expect 1585 This is just for educational purpose, this is solely the opinions from me n\and does not come from a licensed professional. this analysis is not for financial advice.
If u watch and check it once come 1500 price of nickel then just one day candle only watch then u go direction depending on idea
nickel look bearish till 1521.... i bought around 1500 my target was 1601 and that's achieved in 2 days but now its looking bearish all the way to 1521. and supporting a bearish trendline as well ,, lets see.
nickel november contract intraday overview.. as per this till trading above 1558.9 it remains to be on bullish side,,,,
MCX:NICKEL1! #NICKEL1 trading bullish and reached to key level, further key levels updated on chart. Happy trading !!
MCX:NICKEL1! #NICKEL Shared with Entry @ 1556 and then trailed after reaching targets and succeed in bagging 42 Points by our friends. 5th target level shared to our friends exclusively !! Happy Trading !!
Resistance around 1434 so Buy Nickel above 1434 tgt 1440 sl 1428
Nickel has started moving forward since March 2021. It will complete the 5th wave soon. According to Elliott wave projection, MCX nickel can touch 1570 to end the 5th wave. Intraday & short-term traders can buy nickel for the target of 1485.6 – 1506 – 1532 – 1550 – 1570 .
nickel looks good for selling tgt 1412 trendline resistance