Nifty appears bullish,with potential upward momentum in coming week provided the recent lows protected.
BNB is looking quite week for now. Not shorting it yet, but will look for a short entry if the trade develops as per analysis.
Tata motors chart is clear in itself , we have a breakout and resistance is flipped into support, buying with sl below 310 can offer good rr.
Wait for breakout above zone marked in blue to open any new longs, closing below 2045 zone is where bears will look to make a strong move. levels marked can be used as relevant support/resistances as per the direction of breakout.
Ltc is looking good for another leg up and should possibly visit 50 in coming week. Wait for the breakout before going long.
Gold is forming a bullish flag backed by Powell speech. Since its a move which will be hugely backed by an event, i will recommend to open a long only on breakout for targets marked in the chart.
Gold must have got the attention of all the buyers who missed out on initial bull run but according to me current breakout looks more of a distribution move and should result into lot many disappointed bulls in coming weeks. Avoid taking longs unless you have a strong reason to do the same.
Gold Choose your trade. Pro tip for budding traders - Trade the breakout Feel free to Join www.t.me where i shall be updating the chart as it the structure develops in future.
Is it the end of Bulls Party or they are just getting ready for another ballistic move? I am bull till yellow bowl is respected else the bear in me will get back from hibernation! If you are new to crypto trading then here is a small pro tip Long above the red line Sell on rejection of yellow bowl! Everything in between is a trap for you. Dont forget to like my...
Crude WTI is forming beautiful Adam and Eve pattern and looking good for major bullish move in coming months. Short term crude and test 55-56 zone on rejection from small over head resistance.
Ada is looking good for now and i will recommend to open a long in it once it breaks out. Make sure you use trailing stoploss and book profits as per your RR strategy. Dont forget to hit like and join our free crypto and telegram channel www.t.me
Bitcoin has been printing similar pattern and the price action looks more like distribution. Is it an indication for imminent dump? Do share your opinion and feel free to join my telegram channel www.t.me
Gold is currently in no trade zone and new trades should be initiated as per the levels marked in the chart. Have explained all the levels and if you still have any doubts then feel free to dm me. Dont forget to join my telegram channel www.t.me
Bitcoin is printing bullish Adam and Eve structure (&double bottom) . Ideally btc should be making another bullish move in coming days. The problem with this structure is that the volume is not supportive of this move. Unless BTC does not closes above the yellow line i expect some liquidation and will be placing my buy orders on these levels.
Bitcoin has been consolidating within a range with few liquidity testing moves , I have spotted a possible double bottom on daily time frame and would like to see its failure before i will open any short. The above chart also aligns with my previous analysis of bitcoin and for now i will avoid to take any positional short in the given scenario. Do hit a like if...
BTC made two failed attempts to breakout but failed , yet both the attempts were looked quite impressive and i believe until BTC respects 11008 level we have a very strong likely hood that btc will breakout to test targets 12750 and beyond. Trade strategy If you are a bull then long every dip with sl below 11008 and if you are bear then short on breakout from...
ETH has been consolidating in the given range and is looking good to make a decisive move in coming days. If Eth manages to hold the shaded green area then i expect a breakout with possible test of targets marked on chart.