USDCHF is approaching a 4hr order block zone. It is also approaching a daily fib golden zone. so we can plan a long trade around the OB.
gbpusd is approaching a 1 hr trend line . Either it can resist from the trend line and we can plan a short trade or it can break the trend line and we can plan a long trade at retest.
we can plan a long trade after a 4hr candle close above 1856. we also have a daily golden zone which we can target for gold.
Change in structure and increase in volume with a good breakout can be seen. Longs can be initiate above high with given SL and Targets.
we have two possible scenarios in eurusd. either it can create an equal lower higher then we can plan a short trade or we can wait for the third touch at trendline and plan a short trade with bearish candle confirmation.
if we get a 4hr candle close below 14610. then we plan short trades targeting next support zones.
DXY is bullish and currently retracing , we can plan a long trade at golden zone. we will only plan short after a daily close below 105.700.
We have two possible setups for usdcad. it can either close back in resistance on 4 hr tf then we can plan a short trade or plan a long trade after break and retest.
Silver is currently at a daily support zone. if it breaks the low of the current daily candle or forms a 4hr candle close below support we can plan a short trade targeting next support zones.
US30 is overall bearish . we can plan a sell side trade after the 4hr break of support zone. then look for bearish price action to sell targeting the next support zone.
Eurusd is overall in a downtrend . wait for market to retrace to the levels marked in the chart and then with bearish confirmations we can plan a short trade targeting the new support level.
GOLD is overall bearish and it is currently around 1900 level . wait for the support to break and then target 1890 for sell or wait for market to retrace and then plan a short trade.
Banknifty Analysis for 26.Sept 2023 One can go long or short according to levels
Nifty analysis for 26th Sept.2023. Levels are market according to price action one can go long or short
US30 has recently broker a daily support zone. now we can plan short side trades after retracement or when it breaks the low of current daily candle.
Wait for usdjpy daily candle close. if it closes above 148.350 then we can plan long trades with target of 149 level. if it closes below 148.350 then look for bearish price action to short
DXY has tested a daily resistance level. Now if it want to continue it's uptrend , it can take support from golden zone or the lower support level to continue the trend . If these support levels are broken then we can start planning shorts.
Look for bullish price action confirmations on gold targeting 1946 and 1950 levels .