Starting things off with UJ we saw a clear bullish run last week and it looks as if we may seem this carry over into this coming week. from what we have structurally we are sitting at the high of a bullish swing range BUT without having a clear SWH formed, this leads us to believe that we could see a bearish open from our UJ pair. now of course we know the market...
Price swept the highs up at 1.61 and got back inside -- which was my trigger. Invalidation = clean break above 1.62 wick. Looking for a retrace to the mid of the range at 1.48's then eventually much lower down. Let's see.
In the realm of counter-trend trading, NZDJPY emerges as an intriguing prospect. Keep an eye out for a bearish shark pattern, poised for completion at 87.69. However, exercise prudence and wait for the magic candle confirmation before taking action. Remember, patience is the bedrock of consistency and profitability in the world of trading. 🕰️💹
Ah, the good old days! This GBPUSD setup takes me back to my early trading days. The strategy? Simple yet effective: buy at support, sell at resistance. While some may view it as a scalping trade, dismissing it as low volatility, here's the kicker — there's a potential 56 pips in profit. 💰 My game plan? Patience. I'll wait for the next support retest, keeping an...
Clicks is in a bullflag that will culminate in a cycle low, the share needs to have 8 September as a cycle low for it to remain right translated (somewhat bullish). For price to confirm a yearly low we need to close above the green resistance on a monthly basis, a tall order. Earnings come in week 21, which is close to a cycle top & a time for an expected daily...
Diving into the EURUSD action, the weekly chart indicates a continuing bullish trend. 🐃 However, before diving into a 1-hour buying opportunity, let's pump the brakes for two crucial reasons: RSI Not in Oversold Territory ❌ Bearish Bias on 1-Hour Chart 📊 This pair now ranks as my lowest priority. 📉
This is my outlook on Oil. Lets see how it plays out, I'm seeing several bullish candlestick confirmations so I'm looking for buys to the upside.
I was bearish on eurjpy for the last week due to the weekly and daily charts, however, when I look at the 2w timeframe there is a completely different bias because on the last third candle price successfully engulfed its previous candle high and it seems like it is picking up orders especially on the psychological level at 157 twice for the next move to the highs.
This analysis's foundation lies in the range of market structures formed from 2020 to date. Price has been obeying this range for nearly 3 years and to date price is at the bottom of the structure. It depends on how price is going to react around this area but chances are there might be bullish scenarios to be observed in the coming months! If this structure...
Price closed above on the daily time frame with a doji candlestick at a demand zone I will anticipate buying Nasdaq as long as price maintains above this level of significance Bias: bullish
EUR/CAD on the weekly may retrace to fill in the imbalance and sweep the equal highs on the H1 timeframe which is near the top of the weekly imbalance. From there I would like to see it continue bearish.
The overall trend is bullish however there has been a rejection of the box drawn on the chart which is 0.8920 to 0.8950 for the past couple of days. Therefore I'm looking for a downside move to 0.8880 the box drawn below the current price.
Bandhan Bank Ltd. is a banking and financial services company present in 35 out of 36 states and union territories of India, with 6,140 banking outlets and 3.07 crore customers. The Bank provides range of personal, business and NRI banking facilities. Bandhan Bank CMP is 243.40. The Negative aspects of the company are declining cash from operations annual and...
Hi-Tech Pipes Ltd is a leading manufacturer and supplier of ERW (Electric Resistance Welding) Pipes. The company specialize in Steel Pipes and Tubes for a variety of industries, such as Infrastructure, Telecommunications, Defence, Railroads and many more. Hi-Tech Pipes CMP is 80.50, The Negative aspects of the company are declining annual net profits, declining...
Based on the weekly chart analysis, Pepsico Inc. ( NASDAQ:PEP ) has been on an overall uptrend, with rising prices supported by observations from the stochastic oscillator. The price has formed a rising wedge pattern. However, it is essential to note that the price has already breakout of the resistance area within the rising wedge pattern, but there is still a...
Nifty has given a proper Breakout above the mid channel resistance showing bullish momentum. 20,000 points on Nifty along with G-20 can be the theme for the next week. For this to happen there are 2 important resistances which Nifty has to cross. These resistances are 19867 and 19991. Supports on the lower side for Nifty in case the breakout fails will be at...
Next week anticipation. I think, based on ICT concept and checking weekly, daily & 30mins timeframes, there is a liquidity in the bottom of the pattern. So I think next week price gonna hunt this liquidity and goes up to fill those FVGs and then come back to continue its move