shorting here for more downside -retest of SR .... HTF already bearish
regular bear divergence in making on daily, weeklly still in bear divergence .... not a single weekly candle close in 2019 has happened above 11920 , tomorrow is decisive (sunday) if weekly candle doesn't closed above 11920 & price action starts retracing , eventually it will lead to confirmation of bear divergence on daily , which in turn trigger the bear...
daily & weekly screaming for good fall , major resistance here on 11123 zone ...confluence of both daily & weekly SMAs onsame resistance zone(neckline), on daily its 200 day SMA & on weekly its 50 day sma , Price action has touched the SMAs & retraced back , on little longer term i expect price action to touch 10,000 on #nifty50 . on short term i expect this...
pin bar closing with tail touching the 50 day SMA ON WEEKLY , WHILE ON DAILY TOO ..PA BOUNCED FROM 50 DAY SMA . DJI IS IN SURE BULLISH MODE . BUY ON DIP MODE for traders .
$btcusd at undecided territory ..any break of support @11890 with any candle closing below it ...will lead to good fall till 9800 .
NEW ALL TIME HIGH MUST BE INCOMING IN USD INR ...THAT MEANS BAD ...WORSE FOR INDIAN ECONOMY ..I ASSUME TILL END 2019 WE CAN SEE NEW ALL TIME HIGH IN USD INR . THAT MEANS I WILL HEDGE MY ASSET VALUED IN INDIAN RUPPEE ..INTO DOLLAR OR WILL LONG THE USD INR PAIR .
averaging a short here - cant let the bear div. on 1h-4h waste..volume is very fictitious thing now a days ... i dont belive in volumes..with bots managing trades .
bearish divergence on 4h & 1h , HTF still reeking for corrections . $btcusd in resistance zone on daily candle --touching MA50 ... A PERFECT SCENARIO TO DROP FROM HERE .
waiting for this PA to break up or break down from this trendline.... lets see where we go from here . i m short with strict stop of $9910 on $btcusd
on 4h its going to make hidden bearish divergence . , MA200 making a good resistance + hidden bearish divergence - short here can give good RR . SO PLAYING IT TILL 9100 ,Ist TP
as can be seen clearly here , Nifty 50 is reaching the apex of rising wedge on 1 month chart ...any bounce from here - i think upto 10600-10800 is a lifetime shorting opportunity ,THE BIG SHORT (movie) kind of .. i will be playing my gamble of lifetime here .. expecting it to start declining earlier then US market... i assume indian indexes will fall more quickly...
After researching on fundamental front i.e lot of DATA PROTECTION LAWS , PIL , LODGING IN LOTS OF COURTS IN major nations , world governments taking the threat of weaponizing the data seriously , a cohort of agitations all over world against misuse of personal data & club it with monthly TA ... i will say another 8-10% jump & google is perfect to short ...i will...
HTF man ...HTF ...bounce on STF kissing resistance ..are perfect to short .
short on rise is going good .... broken the yellow trendline too ...if u haven't shorted wait for any pullback/bounce & short it ...BTW i don't expect any pull back
break or bounce on support AT 9700 will bring rapid fall or jump.... i m biased more towards fall ... this yellow trendline support holds the next dynamic PA .
short the corn...... $btcusd 9828-9900 .... expecting 9600 , 9540
Dow jones is giving run of its life .... all lower time frame is claiming ...that this run will continue to new heights .. while weekly is building bearish divergence ...but if 26800 is protected then ..then no need to worry . USA equity markets r outperforming all major markets .