Rune 1W Analysis: - Rune has shown an impulsive move staggering gains of around 200-250% from our entry - Rune currently is at a weekly supply - Mitigation of that weekly supply can lead to a 20-50% retracement. - IMO Rune can first pierce the weekly supply trap Buy side liquidity and then start dropping. - Do not FOMO here rather just observe and try to be a...
Optimism 1D Update: - Op has been consolidating in the same zone for 2 months. - Price action looks contracted in a range - The overall market scenario looks bullish - Op currently is sitting on the verge of a strong breakout - Accumulation Zone - 1.35-1.4$ - Targets - 1.8$ - 2.6$
Dow did react from POI Dow currently is looking super bullish Wait for a retracement before entering longs.
Optimism 1D Update - Price is currently consolidating at the same range - It will be interesting to see if it can break out of the range change the structure and move with huge volume. - Accumulation Zone - 1.35.-1.45 - Targets - 1.8$, 2$, 2.7$ - I am bullish on OP for the long term I don't believe in a short-term move. - Hold Period - 3-6 months.
Gold Update - Since my last post Gold did follow my plan and led to a significant move to the upside. - Remember we don't trade any patterns my conviction was based on merging Fundamentals along with technical analysis. - The Global Scenario for gold looks bullish and commodities overall will remain bullish in a market where we have chances of the war getting...
- Wait for the price to react from the zones. - Do not attempt longs blindly - Wait for the origin to get mitigated.
- Fantom is managed by the best DE-FI developer Andre Cronje. - Fantom has a solid ecosystem. - Bear Run made it look very gloomy. - The next Bull Run will be interesting for Fantom. - In my opinion, Fantom has a straight short-term swing target of 0.33-0.38$ which depicts an upsurge of 42-50%. - Do not get carried away by the returns and potential left inside...
Avax moving slowly but the structure and swept new lows grabbing huge buy stops. - AVAX SETUP RISK 17% REWARD -65% (SWING LONG) - AVAX has a great ecosystem to be added in your long-term Portfolio - Avax Sell Zone - 13$-16$ ( We saw a massive demand breakdown from 16$) - Avax has more possibility of testing 13-14$ because that's an FVG area. - Avoid Leverage
Bitcoin pierced through all the highs. - I think the volume of the pump was quite strong. - 10% JUMP in BTC clearing all the supply looks very interesting - Alts to watch out for are the current outperformers, FTM, LINK, INJ, APT. - BTC is at a crucial level let a weekly candle close above 33k, before adding any size. - Do not FOMO in.
Bitcoin is currently trading in a strong supply. - I don't think there's any strong reason to still stay bullish now. - I will look to trim my swing longs. - Do not add swing longs or anything in your Portfolio. - Max Kill Zone is 32,000$-33,000$ to trap fresh retailers. - Try avoiding leverage until the market presents a strong setup. - I will short some...
AVAX BUY SETUP - Avax has recently underperformed a lot. - Major Alts are performing quite nicely except Avax and some more. - If Avax starts building up a base here it's going to soon show us a parabolic move. - Bull Run is quite and I believe we are in a good phase to build a strong Portfolio. - Do not go all in no matter how cheap the crypto looks. -...
COLPAL AND THE FMCG INDEX BOTH ARE BULLISH - COLPAL will be posting its earnings tomorrow. - Pre and post-earnings a trade setup will be risky. - However, a swing long can be added with a wide SL of 3-4% - In this bearish market focus on swinging only outperformers or stocks with a strong catalyst. - Trade setup - Enter partially at CMP and execute 70% in the...
ADA is currently trading in a crucial demand zone. - ADA is looking very bullish as a swing candidate. - Only Accumulate Cardano at this level if you are ready to hold this for 2-3 years. - SL for a swing should be 5-10% depending on your Portfolio allocation. - Do not spend more than 5-10% on this. - Bullish OB reactions are quite strong so only lock in gains...
Gold is 6% up from its origin. - Commodities are soaring up reason behind it is the Israel-Hamas war. - I do not have any reason to initiate a trade in gold until I see a good reaction or weakness - Solid trade execution and risk was favorable when Gold was trading near the Bullish Origin - Gold has made the second-largest weekly gain in 3.5 years. - This war...
The Dollar Index has rallied straight up for weeks. - I will only aggressively start buying Stocks, Crypto, Commodities, and Forex Pairs once I see a reaction from the mentioned bearish orderblocks. - Dollar Index strengthening and it's important to understand the correlation between DXY and the Equity market before you invest a single penny as a Long-term...
The Index itself is almost 6.1% or 2200 pips down so far. After looking at the weak Economic Data Index kept tumbling and saw no bounce so far. It will be interesting to see how the US Index behaves in a weak global market now. I have marked two paths that can play out a possible scenario in matching along with the waves. However, the overall bias remains BEARISH...
The Index looks strong for a parabollic swing move. Stocks of the same sector can easily outperform. #nifty
EUR/USD is looking quite interesting but instead of randomly executing long and shorts we should wait patiently for the levels to get mitigated out first. In order to long first the chart levels are made very clear where to long from the refined Ob.