I spotted one more confirmed breakout. EURCAD violated a key daily resistance. On a retest of a broken structure, the price formed an ascending triangle formation with a confirmed neckline violation. I expect a further bullish continuation on the pair at least to 1.458 ❤️Please, support my work with like, thank you!❤️
If the breakout I expect happens, I look forward to moving to a slightly bullish position.
The USD/CAD exchange rate has reversed, reaching the resistance at 1.3750. The Canadian dollar has gained momentum due to support from the U.S. dollar (DXY) at 106.00. The S&P500 has started declining due to market uncertainty linked to tensions in the Middle East and quarterly results. The Israeli leader has ordered an operation in Gaza, raising concerns about...
Hello, dear traders and colleagues. I wish you all a successful trading week. Let's examine the AUDNZD chart to identify a potential selling opportunity. As you can observe, the price is currently testing the upper boundary of a bearish channel, which has been acting as a resistance following an extended rally. Recent price movements in the past two days show...
FX:USDCHF I developed an idea. I came across a structure I hadn't seen in a long time and took a 0.5% risk to be in the game. I eagerly await the outcome
My Trading Journal With a few signs of an uptrend, I predicted that the trend would turn around and I set my necessary alarms and waited. After trading, although it lingered for a while, my target was kept in a candle with an economic calendar data. And after he made me takeprofit, he went up again
ZYDUS LIFESCIENCES LTD Key highlights: 💡⚡ 📊On 4 hour Time Frame Stock Showing Reversal of Double Bottom Pattern. 📊 It can give movement upto the Reversal target of Above 622+. 📊There have chances of Breakout of Resistance level too. 📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 657+. 📊 Can Go long in this stock by placing...
TRENT LTD Key highlights: 💡⚡ ✅On 1Hour Time Frame Stock Showing Breakdown of Rising Wedge Pattern . ✅ Strong bearish Candlestick Form on this timeframe. ✅It can give movement up to the Breakdown target of 2017-. ✅Can Go short in this stock by placing a stop loss above 2115+.
JSW STEEL LTD Key highlights: 💡⚡ ✅On 1Hour Time Frame Stock Showing Breakdown of Head & Shoulder Pattern . ✅ Strong bearish Candlestick Form on this timeframe. ✅It can give movement up to the Breakdown target of 751-. ✅Can Go short in this stock by placing a stop loss above 781+.
Hi guys. Last week was again a week full off strong bullish momentum. Even the big resistance levels couldn't stop the massive bullrun. The market is overal more moving on fundamentals then technicals. The war going on is making the precious metal in big demand. I adviced traders to be carefull with selling the market. Intraday/swingtraders having a hard time...
Good evening gold gang! hope youre well and had a good weekend. Its time to get back to the charts, focus and ready ourselves for another volatile week on the gold chart. Price is currently floating in the middle of the range awaiting the open .. again im expecting more bullish activities due to the on going conflict. A small retracement is likely but as we...
In the Asian session on Monday, the EUR/USD exchange rate dropped below 1.0600 due to developments in the Middle East, weakening the bullish prospects of the pair. The US dollar gained strength due to higher yields and a decline in stocks. However, there are some positive signals for EUR/USD, with technical indicators showing the potential for further gains if it...
If the DXY (US Dollar Index) makes its descent lower, we observe a corresponding upward trend in indices. Presently, we find ourselves situated within a retracement and reversal zone marked by a bearish breaker on the Daily (1D) timeframe. Having successfully tapped into substantial sell-side liquidity over the past week, it is reasonable to anticipate an uptick...
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 43550 level then possible upside rally of 400-500 points upto 43950 Level. And this rally can extend for another 400 points if it gives breakout of 44050 level. Any Major downside only expected in case banknifty starts trading below 43450 level. also possible Reversal Downside 43950 level.
Gold prices have continued their upward trajectory, reaching nearly $1,990 on Friday, a level not seen in five months. The XAU/USD pair has benefited from the growing interest in safe havens, with investors actively seeking to mitigate their exposure to risk. Furthermore, the decline in U.S. yields has provided additional support to the price of gold. The precious...
Nifty future and banknifty future analysis and intraday plan in kannada. This video is for information/education purpose only. you are 100% responsible for any actions taken by ryou eading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT
Hey there! As you can see, the price is currently trading within the range of 1.22. In the 4-hour timeframe, here's a scenario to consider: The price may continue to exhibit positive fluctuations as it approaches the liquidity gap. Following this, after a minor correction and, upon confirmation, as well as renewed liquidity accumulation, we could potentially...
1) The stock is poised for a multiyear breakout, it has formed an ascending triangle pattern in monthly timeframe indicating a strong up move once after the ATH is broken. 2) Candlesticks show extremely bullish price action. Inside bars in Monthly as well. 3) RSI in monthly and weekly are supportive, moving up after a small correction. For a swing trade - One...