Today's focus: Oil Pattern – Support Hold Support – 71.80 Resistance – 78.80 Hi, traders; thanks for tuning in for today's update. Today, we are looking at Oil. After a solid three-day decline, buyers have put up a fight from 71.80, but is this enough to hold the current uptrend? A break below yesterday's bar with a trend break could suggest that the current...
Nifty will be gap up opening in today's session. After opening nifty sustain above 21780 level and then possible upside rally up to 21900 level in today's session. in case nifty trades below 21750 level then the downside target can go up to the 21630 level.
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 46050 level then possible upside rally of 400-500 points upto 46450 level.Any Major downside only expected in case banknifty starts trading below 45950 level.also possible reversal upside 45550 level.
Good evening and i hope you are well. Markets went sideways today, as was expected and laid out yesterday. We are forming many triangles, which means that prices are converging and we get a break out soon. Bears tried a bit but bulls bought it, which confirms my thesis of higher prices. I still expect a bit more sideways movement. If i had to guess, i’d say we...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 Gold has been overall bullish, trading within the rising broadening wedge in blue. At present, Gold is undergoing a correction phase and it is currently approaching the lower blue trendline acting as a non-horizontal support. Moreover , it is retesting a strong support...
Last week was very profitable for us. Adviced to short the market around 2060 and Gold fell over 370pips. This week there are 2 scenerio's. We have a daily support trend wich can push gold back up. But also 2030 is very strong resistance now. In my opinion we need to find good sell positions, but be aware off the red line support zone. Bearish target 2005 and...
After the breakout off the bearish channel in H4 i adviced to go long in the gold market. Wich was accurate and gold hit both targets!. (See last analysis) What now? Price action wise. The monthly candle closed with a bearish candle. Wich indicates there will be a bearish movement on the way. Also gold manage to hit the strong resistance/supply zone around...
Hi guys In my opinion, this compression movement can be broken upwards, considering the positive divergence of the RSI in the four-hour timeframe and maintaining the support zone. But the approval has not yet been issued. If the $88.75 resistance area is fully consumed, the above scenario will be strengthened. What do you think?
AUDJPY is testing a recently broken horizontal support. After a violation, it turned into a strong resistance. The market may drop from that. I expect a bearish movement to 0.9605 ❤️Please, support my work with like, thank you!❤️
NSE:NMDC in the past was in a severe downtrend, then it created the first Bullish Pattern known as a Falling Wedge. Most often falling wedges change the trend and that can be seen in this chart also. Price has started creating Higher highs and Higher lows which is a signal of the beginning of an Uptrend. Hence the expectation is price should continue its...
Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 45950 level then possible downside rally of 400-500 points upto 44550 Level in todays session.Any Major upside only expected in case banknifty starts trading above 46050 level to 46450 level.also possible reversal upside 45550 level.
Nifty will be gap down opening in today's session. After opening nifty start trading below 21820 level and then possible downside rally up to 21700 in today's session. in case nifty trades above 21870 level then the upside target can go up to the 21990 level.
Good evening and i hope you are well. Last time i talked about Nvidia was 1 week ago and Nvidia at 610. Time to revisit and adjust. If you took the trade, you made about 51 points. I anticipated a much bigger and longer sideways to down move than we had but that is not important because i said buy and it was buy and it's still buy. So what's next for the...
GBPUSD has been ranging for some time now , currently we are at the bottom of the range but with the way PRICE PRINTED over the last week , it CONCERNS me that we might get more BEAR move in the FUTURE . *OVERALL GBPUSD IS BULLISH . *Would like to see price stay bellow our level at 1.27000. *IF PRICE does managed to stay below and STRUCTURE is BEARISH . YOU...
There is a beautiful price action in Reliance from past 1100 days and We see beautiful support at the bottom and we can see rejections at the top. The breakout is good and after retrace , the volumes are strong and it moved good. It moved 7.7% after retracing for 2 weeks.
Good evening and i hope you are well. Here my commentary from last week: The bulls got their big breakout and we made 4.65 points last week. The next obvious target is 80 where i expect sideways movement. I also don’t think we can get there without a pullback first. Target for that pb is around 76.5 - 77. We can also just trade sideways in a tighter range but i...
#AshokaBuildcon made a strong breakout, and consolating above the #Breakout area., for further upmove. Follow Risk management for proper stoploss. Can give very good Risk reward.