GBPAUD: News of China strengthens the Aussie!Hello traders,
There is one entry and a TP for this pair.
You could hold for a 2nd TP, we DON'T !
Levels calculated order_block, regarding support and resistances, channel and pivot points.
Action
EUR/AUD Short Opportunity - SeptemberExplanation is in the chart - price made a higher high, was looking for a re-test on previous resistance turned support. Price created bullish engulfing candle & EMA RT - my entry was off by 5 pips, should be BE but took a 0.5% L
Bank of Baroda Simple Analysis BullishNSE:BANKBARODA is making HH and HLs in the Daily chart and is reacting from a Fresh Trap Zone.
The expectation is price will make another HH from here as that is the habit of the price. So, we can think of taking a long trade with a small risk to get the 3.65: 1 Reward to Risk. That is a 10.70% Return on Investment in quick succession.
Wild day! - plan for 13th September 2023Nifty 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 you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
GBP/USD Short OpportunityGood setup - price created LL and LH - entered on the 1st LH, price broke previous low but ended up triggering SL at BE
XAU/USD Short Opportunity - August RecapNot the greatest play in terms of market structure, price was consolidating on the HTF and the candle that was entered was 50% wick & body.....BE was respected x2 and then SL was triggered...1% loss
EUR/USD Short Opportunity - August RecapThis was an A+ setup - needed to monitor RT on the HTF as price was above but was a form of extended RT as price continued downwards, price was initially underneath on HTF - it RT previous broken support zone and there was clean traffic for downward momentum after RT on both EMAs
EURCAD Getting Ready to Break the July Highs😮Hey guys , Ideal on EURCAD is That We are Overall Bullish Starting From the Daily Timeframe Down to the H4 Timeframe Which Price is Now Pulling Back to Level 1.44537 on H4 Timeframe for a Buying Opportunity to Then Target the July High . Drop Your Comments on the Comments Section,
Trade Safe James.❤
GBPAUD Long to the OC Price is currently on the expansion leg/ distribution as we expected last week refer to my previous idea
it showed willingness to go higher, a retracement to the FVG would be ideal to look for longing opportunities
USDCAD ..A Very Big Decline Coming in on USDCADHello guys, My Idea on USDCAD is for a Big Push to the Downside , Which from the Daily Timeframe Down to the H4 Timeframe we are Overall Bearish and Which the H4 has Currently Switched Bearish and We are Expecting the Continuation Trend to the Downside for a Good Selling Opportunity from Level 1.36110 . Like and Drop your Comments ❤
XAUUSD Gold buy idea 4h breakdownThis is why I love and talk about price action so much. Gold has given us an absolute gift of a level with such a repetitive history it would be foolish to not take note!
The white circles highlight areas where the 4h candle has closed above the level and pushed up towards 1967. If we can see a 4h candle close above this level, move down to grab liquidity with a wick and then move back up I will absolutely be taking buys here make no mistake about it. Probability is strongly in our favour.
Adanient Simple Trend AnalysisThere is a lot of Bad News in the market for the Adani Group of Stocks.
NSE:ADANIENT in the past has fallen sharply. They said it was because of bad news but Price Action Traders did predict this downfall before it happened. Because at that time it was too expensive to buy, i.e., called an Over-Bought condition. And this condition triggers a big fall.
After the big fall happens, the Stock immediately becomes over-sold. And the price starts moving up again. That is exactly what happened in NSE:ADANIENT also.
Currently, the price of this stock is trapped and moving sideways between two Trap Zones. A Cup and Handle pattern is also visible in this chart which should take the price up and break the Resistance to confirm the Up-Trend.
There are two ways to trade this kind of setup:
1. Start Buying in Tranches on every Dip and Hold
2. Buy after the Resistance is taken out and the Up-Trend is Confirmed.
The expectation is it will achieve 4190 again.
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PEL Simple Price Action Analysis BullishFor a long time NSE:PEL was moving in a sideways manner and now a clear Conventional Symmetrical Triangle formed in it.
Symmetrical Triangles are a Continuation Pattern, if they form after a Rally, then the price must continue its upward movement.
This is one of the strong reasons why I think this stock will go up.
My First Target will be 1768.55, i.e., the highest price this stock has ever achieved, and then the Final Target for now will be 3053.
This Stock should be bought at every dip and should be held for the set Target.
USDJPY Long IdeaFor now seems like UsdJpy is going to go up. On daily having a strong move up and broke the resistence making a BOS. Going lower on 4H and see that uptrend is here too. Same on 15M too.
As long the price don't go below:
-145:843 (last low) on 15M
-145.10 on 1H
- 141.513 on 4H
The up trend is likely to happen.
If we see those supports broken (specially 4H one) then we can look for a sell trade to Daily support (137).
What do you think?
GBP/AUD Short Opportunity - June RECAPThis was a 38.2 RT and strong probability - price RT the zone, dropped slightly, ended up consolidating nd then SL was triggered - took an L.
XAUUSD Gold buys and sells on the 1h timeframebased on the levels after news we can safely look at 2 key levels where price can go either way. I do not marry a bias, I am very much here to scalp so for that reason I'm fluid with direction.
We have had 1 win already today which was posted 2 hours ago, a second one to close the week off would be great from here.
XAUUSD scalp sellstaken sells on the 15m based on price potentially rejecting this area and continuing down on the 15m timeframe.
Titan Simple Analysis BullishNSE:TITAN is in an Up-Trend making continuous Higher Highs and Higher Lows in the chart.
Recently price has retraced back to a Trendline in a Corrective move, this should ideally take the price up from the Trap Zone and make another Higher High.
Expecting a 5:1 Reward to Risk Long trade with a Return on Investment of approx. 9.58%
AuroPharma Simple Analysis BullsihNSE:AUROPHARMA is in an Up-Trend making HHs and HLs and I am expecting it to continue the Up-Trend.
It has just tested a Trendline and has a good Trap Zone so, expect it to give 5% ROI or 2:1 RR trade from here.
EthereumLet's take a look at Ethereum.
The uptrend is well maintained for now. The price range of $1,609.41 has been preserved in the downward trend.
On higher time frames, if the $2173.14 resistance zone is fully consumed, we can have an attractive bullish trend.
On the lower time frames, the condition of the upward trend can be the consumption of the range of $1937.12.
The above view is valid on the condition of maintaining the range of $1609.41.
Tslar on the verge of repeat sept 2022 price benchmarkTslar price has been on steady rise for quite some time now,
Tslar respect levels, The recent broke of main psychology level and bounce of it and the trendline is a confluence that can not be ignored,
According to DANCOLNATION CAPITAL TRADING STRATEGY,
we shall be using our entry techniques to get into the trade within our SWING perceptive so as to be able to trail the larger part of this possible drop of 317 BULLISH PIPS
SunTv Simple Analysis BullishNSE:SUNTV has vigorously dropped in the past and at the end of the drop it has created a Bullish Falling Wedge, this should ideally take the price up.
My expectation is this will go up to 1000 in a couple of years.
So, on every dip, one should think of buying and holding.
