BUY ABOVE - 43700 SL - 43600 TARGETS - 43810,43940,44100 SELL BELOW - 43530 SL - 43640 TARGETS - 43350,43200,43070 Trade Safe & Happy Trading Guys This is only for educational purpose so TAKE YOUR OWN RISK REWARD
This looks like a bearish expanding triangle pattern. The bottom part has shown a strong validation with three touches with strong reactions, next up is to see if it does the same on the upside to make it complete.
GOLD seems to follow a 7 day pattern. Still on track after 3 days.
🐸 RSI (Relative Strength Index) divergences refer to a technical analysis tool used to identify potential trend reversals or continuations in the price of a financial asset. RSI is a popular momentum oscillator that measures the speed and change of price movements. It oscillates between 0 and 100, with values above 70 indicating overbought conditions and values...
🗣️ The rising wedge pattern is a bearish chart pattern commonly observed at the end of an upward trend in financial markets. It signifies a possible reversal in the trend and is the opposite of the bullish falling wedge pattern, which occurs at the end of a downtrend. Traders interpret the rising wedge as a period of consolidation following a...
The rectangle pattern is a well-known technical analysis pattern that can be a valuable tool for traders. It consists of horizontal lines representing significant support and resistance levels, indicating a period of indecision in the market. This pattern can be effectively traded in two ways: by buying at support and selling at resistance, or by waiting for a...
SKILLING:NASDAQ is still down after Fridays high so now 15k becomes the key level to watch for this week. This is just a short example of how I look at things. I hope it helps. Enjoy the week.
📊 Pattern: Flag Channel 📌 Symbol/Asset: Galaxy Surfactants 🔍 Description: If touches support it can bounce back and can give a big breakout. 👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Price is squeezing to the downside as we approach our 24,363$ Weekly S/R Zone. It also happens to be an extreme Daily Zone. The next Daily zone being at 22K which is a 10% drop from $24,363 Level. Short Traders have enjoyed a consistent downside push across the past 2 Months ever since BTC tapped into the $30,000 Weekly Level. This Long idea has to do more with...
Take a view of a year or two, and initiate a buy trade here. SL and Target are shown on the chart. Disclaimer:- This is for idea purpose only. I am not a SEBI Reg. analyst. Do your own research before investing or trading.
ARB has been trading bearish for the better part of three months now. During this period, a falling wedge pattern has emerged on the chart; lower-lows and lower-highs. In my view, it's likely that ARB will continue to trade within this pattern for the foreseeable future. Keep in mind that we've got a FOMC interest meeting tonight which could cause some strong...
A couple of weeks ago I made an analysis on BTC and the presumed Elliot Waves pattern it was trading in. I wrote that it was possible that ~31k was the 3rd wave top because it aligned well with an overbought RSI. Looking back, the previous analysis caught the top quite well. Like mentioned it all my previous Elliot Waves analyses, I see it likely that we're...
✅USD_JPY has formed a bullish Pennant while trading in an Uptrend so when we see A bullish breakout from the Pennant we can go buy LONG🚀 ✅Like and subscribe to never miss a new idea!✅
💎Robot (AI) Trading💎 💎Copy Trading💎 It's the future of trading! -Richard Eyo “The Wizard” 🧙♂️
Finally, the minor downtrend IDX:ARTO has been broken. By using Fibonacci Retracements, I set the target price cluster ranged from 3080 to 3470, then I picked 3280 as a base level to calculate its upside. It can give us 28% upside from current price 2540, that's premium!! Let's think positive, and buy & hold!
Isn't NIFTY making a rising wedge on a monthly chart? Also RSI is weakening, What are your views for nifty in long term?????
We are currently at the point of interest and i am seeking sells but I am waiting for a sell signal from the algo. Overall the market seems bullish but I can see price retracing from this level before going higher. We are trying to catch the retracement. If price does not retrace from the current level in order to take buys I would need to see a break and retest...
Analysis based on price action to figure out how price reacts along with option chain, multiple pattern formation, tried to test Elliot wave too, retracement levels marked as per fib retrace, day low considered as strong support along with 2 resistance level as per Fibonacci. Candle stick analysis. Also used volatility index to figure out the movement of the...