Hope y'all having a good trading week so far!!
Here we have DXY reversing from a major daily support zone. Its a red flag for USD as quote pairs and green flag for USD as base pairs.
Will the Reversal succeed and bring the channel running in EURUSD as well as USDCHF?
I stay bullish on DXY for the next few hours at least.
Its end of the weekend. Hope you all had a wonderful trading week.
Asian Paint seems to be forming a Triangular Pattern with a key level supply zone 1710, 1715 levels. Breaking that level will see the price to test the above trendline.
Nifty is forming a parallel channel. Any break in Nifty will have its impact on Asian Paints too. Lets remain...
Hope you all had a nice trading day.
Here's a quick analysis on NSE:WIPRO . Price has tested 200MA and is bouncing back.
Its a wonderful level for buyers to come in and kick the price to the upper supply levels at 227 - 230.
This is my first post in TradingView.
Here's a Shorting Opportunity in NSE:SBIN . The stock is forming a triangle pattern on 1H chart.
Expecting the Price to fall 185-184 levels at the worst or test 188 levels and bounce back.
Breaking the below trendline and plunging further downwards would solely depend on the economy and market sentiment.