Price is consolidating in a tight range. Potential resistance acting as a trap breakout for buy traders. The Daily and Weekly SZ is nice coinciding for this potential short trade setup
Today Nifty has broken out a consolidation range and has closed above the range. Due to the same there are 2 possibilities 1. Gap up and continue to the upside the next day 2. Retrace back to an area of support or demand level on the price chart. It will be interesting to see if price pulls back to the 15 mins demand zone for a continuation move to the upside
The NFP data has forced EURUSD to correct from higher levels. The higher time frames are intact so we are expecting the trend to continue to the upside
The CAD futures are indicating that it may correct into a weekly demand zone. If price retraces at that weekly demand zone there will be opportunities to trade the USDCAD shorts in the days to come.
The stock has been consolidating and price missed giving entry on 4th June. There is a possibility of price retracing back to that level and price bouncing and moving up again.
Whirlpool has broken out of a consolidation. We are expecting price to retrace to the Daily DZ and we should ideally expect the price to continue to the upside
The stock has been in a strong uptrend and currently it looks like price is about to retrace to the weekly and daily demand zone. We are expecting the move to continue to the upside from the Daily Demand Zone
Mexican Peso is setting up a for nice long setup on the daily demand zone coinciding with the weekly demand zone. Also the trendline break will induce more sellers and the demand zone is likely to act as a trap for the sellers
The mexican peso has correctly sharply and is revisiting a weekly demand zone from the past. We are expecting a potential bounce coming out of this level from coming week onwards
The mexican peso has correctly sharply and is revisiting a weekly demand zone from the past. We are expecting a potential bounce coming out of this level from coming week onwards
The Nifty Index has significantly corrected from its all time high of 18604. In the past couple of months and trading sessions the Nifty Index has fallen from 18604 to a low of 16410. It has broken some crucial support levels on its way. There is a trap DZ located around 16350 - 16140 odd levels. Will this be the level where most retail traders and investors will...