NSE:SBILIFE Pattern details: Sideways trend before forming Cup with handle pattern Cup with ~20% correction and length of cup 26 bars Handle length is 9 weeks and ~6% correction. Volume needed to increase the success probability PAT for the quarter ended 30 June 2023 at 381 cr, 45% growth Y-o-Y NSE:LEMONTREE 's and NSE:TATAPOWER 's patterns are...
As seen on the chart, NSE:LEMONTREE has formed a nice U-shaped Cup, The stock was in an uptrend before forming Cup Took 38 weeks to form the complete pattern. 27 weeks for Cup with a correction of ~27% 11 weeks for Handle with a correction of ~10% Volume dried up during the initial part of the cup and handle. But was good when coming out of the cup...
There was a potential buying in gold and still gold is in buying status as gold has also given up its consolidation phase so we are seeing a pull back to the consolidation break and then a potential buying
Euraud is in uptrend ⬆️ and also going to complete its restest part now what we are seeing is a bullish move so we will be buying this pair
It could be retracment of a bullish move which was given to us in last week we have a confluence of Daily Resistance level and H4 bearish orderblock and as we remember we have achieved 68% fibbo retracment also the bigger confluance we are in down trend 📉 on daily time frame but for being safe the we in this little short trade is, in last week price has broke...
TVC:GOLD My current views on GOLD: Short chart explanation. This structure can be: 1. A continuation of the bigger WXY - forming another XZ correction (so the price is heading on the downside) 2. A correction at a smaller degree (ABC), finishing a potential Wave A on the downside, before bouncing forming the Wave B on the upside, potentially reaching again...
I'm currently leaning towards a sell bias on USD/CAD. Here's a simple template for a ''Sell Day'' I'm applying this sell template to identify potential short opportunities on USDCAD. My strategy involves recognizing liquidity grabs and patiently waiting for suitable entry criteria to materialize. My objective is to secure an entry near daily highs.
I have a bullish bias for GBP/USD, following a simple bullish template. I'll maintain this bullish bias while closely monitoring how price reacts to allocated 1-hour Fibonacci retracement 1hour FVG and the previous higher high. However, I'm aware that price may not react bullishly in this area, as it could be drawn toward the daily low due to a daily bullish FVG,...
As Gold has retraced back to 78.6% of fibo level and would likely be falling from this price range the confluance for sell entries we have strong resistance level at 1864 to 1861 level also the confluance is we know that gold is in a downtrend and would return to its price level as in my anylisis gold is trying making lower high and would go for a Lowe low to...
OANDA:XAUUSD for Gold there is a scenario like Gold has given us an impulse to the downside and it hasn't corrected it self so we can expect a correction of this impulse to minimum 38.2% of Fibonacci levels which is almost 1857 if it goes for correction then our target is 1844-1857 and if it goes the other way it will be a Drop base Drop will be if it rejects...
Gold is waiting for NFP to come as its consolidating under 1931 to 1820 level and we can see a potential to either side but possibly gold will fall to 1800 level that all buy orders will be settled under 1820 level and to run the market , market makers need the money and they will try hit SL of maximum traders under these levels so we will be seeing a potential...
As KSE 100 index is moving towards it H4 supply and will return immediately from there if we get any rejection on level we will be shorting The confluance for sell baised is on H4 break of structure as higher low was broke and move back upward and we will return from supply level
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
It seems like that the bears have made their move and completed their sell side moves and all the exausted Bears 🐻 will make gold 🪙 to reach a level of 1810 to 1800 and then a potential 700++ pips move will be going to start in gold after gold reaches and rejects 1800 level we will be Buying this pair in my point of view gold has not started any buys from this...
Gold is in a sell trend and making lower lows as Dollar price is gaining power gold will fall as predicted as gold has broke its support level on 1850-48 price level and having a retest of broken support level on H1 time frame the confluance for trade is H1 support break with volume candle and 200EMA is above the price level which indicates that gold will fall
Waiting for a retest of 1.44829 to short EURCAD back to key 4H low at 1.41587 If you agree drop a like and if you have any questions leave a comment :)
Waiting for a retest of 1.64588 to short EURAUD back to key 4H low at 1.762775 If you agree drop a like and if you have any questions leave a comment :)