COMEX:SI1! charts is used T/f is Monthly Triangle pattern formation break below trend line targets are clearly shown Please find my USDJPY Chart and EURUSD chart published earlier for further evidence
COMEX:SI1! is used (FUTURES) Head and Shoulders can be clearly seen bit deformed to my liking targets and levels are clearly marked who knows In a debt crisis scenario DXY can xoom and SILVER can fall to much lower levels please do see the other Chart on Silver also on Higher T/f
NSE:HDFCBANK Support Levels are shown clearly . It is doesn't comes back run for cover Fundamentally Private financials are pricey in India compared to Global counterparts( may be growth reasons )
NSE:CNXIT Consider a Flag Pole Breakout or a Triangle breakout Levels are marked clearly, it may convert into a double top if it can't break the resistance red line. On Fundamentals I have no Idea why such a strong move :D
Potential Head and Shoulders Pattern in Making I repeat Making . If reversal comes on shorter time frame (say Daily charts) a potential candidate to SHORT Fundamentally (A) We are looking at a debt crisis scenario macro wise (B) A potential bigger challenger entry like JIOFIN is -ve even(not been able to post same growth) if point (A) doesn't materializes
A descending Triangle breakout after a ABC correction seems bullish With Geopolitics and Macros also favoring GOLD Resistances and Targets are clearly shown
Chart to Remember ... Something to Ponder USDJPY will be forming a Higher High and Lower Low pattern meaning bullishness on Yearly and suggesting things to come. Targets are identified using Fibonacci. Similar Things is happening in EURUSD yearly charts which is also suggesting Higher DXY. No Idea how things unfold
Expanding Wedge( bearish ) on Weekly Charts but resistance is far away Showed in Blue line. Descending Wedge ( Bullish ) on Daily Charts. Volume on Daily Charts also suggesting Bullishness even weekly Volumes are good. System has good Risk Reward Ratio Cheers
EURUSD Quaterly(3M) charts EURUSD is clearly making Lower High Lower Low pattern a Triangle Breakdown IF you see blue line Flag and Pole can also be considered Fibonacci levels are also marked which clearly shows the coming storm in World Economy My opinion is DXY will reach 121 Levels . Thanks Cheers
If you Think Bull run in PSU will continue Then this Monthly Charts can be used as Investment purpose. Resistance/ Support for adding positions or reducing size or trailing stoploss are clearly marked These Stocks(ONGC/CANBK and others) can turn into leaders of Next Bull Run and current once fade into oblivion Tread cautiously Cheers!!!
This is a Monthly Charts should used for investment purpose only The way PSU bank are moving this should reach 750-800 if bull run continues. Stop loss can be below 268 Resistance at 463 levels another one is way above marked in RED Enjoy
Very Strong Upmove candle .... need to break the Trendline and 25.475 Levels for confirmation Triangle breakout and A Flag Pole pattern can also be considered. Structurally Silver is still making a higher low which is bullish. Previously I was expecting low of 22.140 to break which didn't happen Only -ve is Dollar Index Break out wait till confirmation ...
Borken out of Pattern ... iF it closes below 1900$ then lower levels near 1800$ likely Supports are clearly shown DX1! along with US10Y rising are bad for precious metals which could be the other reason
Monthly charts used along with futures data It can be clearly seen that severe underperformance can be seen in Nasdaq compared to Gold and if charts to be believed it will last for a long time For trading it can be used as Short Nasdaq and Long Gold or simply Long Gold and Exit Nasdaq There are many charts of various indices and stocks which is...
If This is * THE * elusive Top We are due for a moment of reckoning Presence of RSI Bearish divergence Lots of Confirmation needed Tread cautiously
This is a ratio chart ... represents Which one is Outperforming GOLD OR SILVER. I have used Futures chart reference as ratio . It clearly represents a breakout is likely on the higher side . which means Gold will outperform Silver for some time resistance are clearly shown for ratio chart.
Head and Shoulder pattern along with a Ascending Triangle