OANDA:XAUUSD When Market creates expanding pivot formations and when we don't know who the Market player is going to be, And if you open a Trade without proper Trading framework, there are good many chances to trigger a Stop Loss rendering your Trade a failure. In such cases, what should be the right approach towards such Markets? Step 1: Identify who the Major...
NSE:BANKNIFTY Incredible....1000 Points Target Hit like Crazy. Thanks to the Divine Gift of Reading Price Charts like a Professional. Thanks to 2 Years of Continuous Learning and Hard Work.
NSE:BANKNIFTY Note: This is for education purpose only. Here in Bank Nifty 4 Hr Chart, there is an extraordinary integration of multiple techniques suggesting a heavy crash in Bank Nifty. Techniques: 1. Price Action showing powerful sellers in a proven supply zone 2. 2nd Degree Divergence in Volumes in Major and Minor flow upward 3. Price respecting the 2nd...
For education purpose only. Following ideas help develop a Long Trade bias for Bank Nifty in 1 Hr Time frame. 1. Price taking support of Minor Demand Zone with long bottom wicks exhibiting strong buying pressure 2. Price creating an inside green candle in the latest bar displaying a temporary pause in downward momentum 3. Price taking support at the mid-line of...
Price is currently encountering triple intersection of following lines and creating strong bearish candle. 1. Standard Pitchfork 2. Modified Schiff Pitchfork 3. Slope Frequency line However, the minor price flow approaching the tri-junction is displaying an organized flow and has broken the previous minor high, which means there are some market manipulators...
Following ideas help develop a short trade for XAUUSD. 1. Price encountering triple intersection of lines at D and creating a bearish candle with strong selling pressure - Red Pitchfork - Black Channel - Inward parallel line of Blue Pitchfork 2. Low of Bearish candle at D is broken indicating the start of downward moment of price 3. 2nd Degree Bearish...
Following ideas helped develop a Long trade bias in XAUUSD. 1. Price touching the Solid Demand zone and creating a temporary stop, indicating a reversal to upside. 2. Price respecting Blue and Black Pitchforks simultaneously. Entry: 1773-76 Stop Loss: 1763 Target:1793 Note: For education purpose only. Trade at your own risk.
For education purpose only. Though XAUUSD market seems to take a reversal from the Fridays bottom @ 1640, this bottom is created by Sellers with huge market manipulation. If Sellers show their strength again, they should not have any problem in breaking the low @ 1640 and push the market even down. The image shows triple intersection of price shift line from...
Note: For education purpose only. Following classes of information opens door for a long trade in short term. Look out the Video/Chart image for entry, exit and stoploss. Detailed price analysis is provided in the video. 1. Price respecting the solid birth place of buyers in the inward frequency of major demand zone. 2. Bullish Fractal Bar & Dynamic Frequency...
For education purpose only. Trade at your own risk. It is a great opportunity to buy GBP Vs JPY. Following logic is used to arrive at the Long bias. 1. Pivot 2 is highly manipulated in Pivot 4 2. Multiple Pitchforks (Modified pitchfork, Width pitchfork, Frequency tuned pitchfork) conclude at Pivot 4, indicating it as a moment of exhaustion. 3. Momentum...
Though Buyers were able to reach almost up to the last High in the latest leg upwards in 1 Hr time frame, they failed to break over it. Also, in terms of volumes, there is divergence in the latest leg. In terms of momentum also, there is divergence, All these indicate weakening strength of Buyers, otherwise, gaining strength of Sellers. So, look out for Sell...
It is Day-2 today, XAUUSD Price has not yet broken the low created on last Friday, despite being Bearish the whole of last week. What does this mean guys? It may be assumed that the last low on Friday is a market edge and buyers may not be allowing the Price to close below it. This also means, Market is displaying a slight upward sideways trend. If the same trend...
For education purpose only. XAUUSD has hit major support level last week in weekly chart. Though the last week market seems Bearish, it can be interpreted that, it is another manipulation drive by Market Makers to induce Retail Traders in Sell direction, whereas the Market will make a U turn towards Long or Sideways, at least for this week. Following classes...
For Education purpose only. Looks like the Sellers are assuming higher and higher positions only to crash the Gold Market down. This idea can further be layered with the intersection of Price with the median of the Pitchfork drawn with the major edges of the Market. The upward line of Blue modified pitchfork can suggest the next possible short entry. Points...