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Bearish Patterns

The Last Candle from the GOLD is the Hanging Man???Dear my Dragon Friends i saw the closing candle at this week with time frame Daily is "Hanging Man", that was means by monday we can see the reversal pattern (going down) our watchlist for down side is 2380-85 for the support if break we can get big pattern with Rising Wedge and will be going to 2280-2300. But if HOLD at this number 2380-85 we can see GOLD will Rise again and me Higher High will break all resistance and make new resistance again, may be 25XX... For now and this week i will try to trade sell and i will Buy next week. Lets See Happy Trading Disclaimer On
OANDA:XAUUSDShort
by EdyDragon
Sell Nifty spot 23305, target 22380-350 range stop 22500 spotNifty correction can start anytime as prices seems to be going below short term averages and soon it can start a downtrend with lower highs and lower lows. Profit booking is going on at current levels. Also SEBI restriction on derivatives is not good news for market as it will hugely impact liquidity and hedging cost will increase for institutions. Supply for shares will increase due to this at current levels and demand to buy shares will be selective as valuations are high. So I think we can easily see 1000pts correction in nifty towards 22380 to 22350 range where good support identified. All the levels are in spot, trade futures or options accordingly. Timeline is 5-8 trading session minimum.
NSE:NIFTYShort
by PrashantDahale
More drops to come; lowerr than 50K. Buy zone around 30K zomeNot going to say much but we all could be wrong or right .. correction isnt over and the sell confirmed for more drops and more correction. Feeling will drop back down to low 50K again; perhaps it can lower than that; i found the support around in the low 30K area.. so might expect the correction to finish in the 30K zone before skyrocket to the new ATH. The correction should be finish ill say around end of july into the beginning of august or mid-july and will bulls take off from there and should expect to hit 120K before november or into October. Im not financial advisor; just the correction isnt finish yet so get reedy for more drops. What are your thoughts?
BITSTAMP:BTCUSD
by JoyBoyVegae