Necklace Pattern-Hindustan CompositeNecklace Pattern-Hindustan Composite.
Is this counter going to hit it's own high? Let's see how mystery unfolds!
Chartpatterntrading
XAUUSD 100% CONFIRM ANALYSISDiscover an enticing Selling opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
round bottoming breakout and retestCDSL has given a breakout and is now retesting at the breakout level. This could be a good entry opportunity as short term and mid term momentum is also good
[INTRADAY] #BANKNIFTY PE & CE Levels(16/02/2024) 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 & this rally can extend another 400 points if market gives breakout 46550 level in todays session .Any Major downside only expected in case banknifty starts trading below 45950 level. also possible Reversal downside 46450 level.
Will SILVER Finally Break The Support Level?Hi Traders!
There is a potential breakout on SILVER as it tries again to break the long-term support level.
Here are the details:
Looking at the price action, it looks bearish; the market swings are lower with lower highs and lower lows. The market has broken and closed under the 20 EMA, and this is the third time around the 21.885 support level.
The plan is to wait and see how the market reacts at 21.885. If the market holds above this level, then it will likely target the resistance trendline. However, if there is a break and close below 21.885, there is a good chance of targeting the long term support level at 20.696.
Preferred Direction: Sell
Technical Indicators: 20 EMA
Resistance 1: 22.639
Support 1: 21.885
Support 2: 20.696
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
DXY Bull Flag SetupHi Traders!
There is a bull flag pattern developed on the DXY 4H chart.
Here are the details:
The price action looks bullish, and the market looks like it is about to complete the consolidation phase in the flag's channel as the flag pattern is in its late stages.
The market is still above the 20 EMA, which is a bullish signal. As long as the market remains above the EMA and flag channel support, our view will remain bullish.
Preferred Direction: Buy
Resistance (FLAG CHANNEL): 104.669
Support (FLAG CHANNEL): 103.808
Technical Indicators: 20 EMA
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
Nord is 2 Cents, been $20 Just had Record Breaking VolumeWe just had more volume this week with Nord than any other week to date.
This is huge
We called nord back in November due to extremely High Volume when the Price Bottomed Out Showing True Bullish Potential.
Nord has already had days where it's ran as high as 400% and for a limited time only is close to it's original buy in price of 10 cents!
Seriously this is an amazing opportunity anybody looking for longer holds
USDJPY Approaching 150Hi Traders!
USDJPY is near the psychological 150.000 level, and it looks to possibly re-test its 3-month high at 151.911.
Here are the details:
Looking at the price action, it looks bullish; the bull flag, along with the previous yearly high, has broken. The next big test is as the market approaches the 150 handle. There may be some strong resistance here, as this is the first time this year the market is approaching the 150 handle.
As long as the market is still above the 20 EMA, our view will remain bullish. The plan here is to monitor the price action near 150; if there is a momentum break and a close above 150, then 151. 911 is the next big target.
Preferred Direction: Buy
Technical Indicators: 20 EMA
Resistance 1: 150.000
Resistance 2: 151.911
Support: 148.808
Please make sure to click on the like/boost button, 🚀as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
Breaking Down GBPCAD's Current Market Dynamics
Greetings Traders!
GBPCAD has displayed a robust bullish impulse, driving it towards an internal resistance level, signaling a potential corrective phase characterized by a classic rising triangle chart pattern. Should the price successfully breach the resistance trendline of this triangle pattern and sustain its position above the internal resistance, the probability of a bullish continuation towards a marked swing high on the chart becomes notably promising.
[INTRADAY] #BANKNIFTY PE & CE Levels(13/02/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 45050 level then possible upside rally of 400-500 points upto 45450 level .Any Major downside only expected in case banknifty starts trading below 44950 level & this rally can extend another 400 points if market gives breakdown 44450 level.also possible reversal upside 44550 level.
[Education] Price Action Movements of BANKNIFTYThis post showing the all possible price action situations occurs in BANKNIFTY since last few days.
1) Uptrend Channel
2) Falling Wedge Pattern
3) Flag Pattern
4) Head and Shoulder Pattern
5) Parallel Channel
6) Rising Wedge Pattern
7) Ascending Triangle Pattern
Bearish Flag on EUR/USD @ D1A bearish flag pattern has formed on the daily EUR/USD chart following a downtrend that lasts since the end of 2023. The pole and the flag's borders are shown with the yellow lines. The stop-loss level (the red line at 1.07953) is set to the highest point of the flag area. The take-profit level (the green line at 1.06210) is set to the pole's length subtracted from the stop-loss level. I will open this short position only if the currency pair closes significantly below the flag's lower border.
Bitcoin to 48k again?Numerous indicators are showing that Bitcoin may want to retest that 48k resistance level again. The retest comes quicker than I anticipated by I am not going to fight price action here. VRVP and FRVP support strong accumulation at or near the neckline of that inverse H&S pattern I have drawn. Neckline has been broken to the upside where there is not a lot of selling pressure. Playing a BTC long here to 48k with a SL just below the point of control (red line) on the VRVP.
AUD USD TRADE SET UP AUD USD has formed a Rising Wedge Continuation pattern on the 1hr timeframe,
Waiting for a retest of the broken HL for a sell entry.
Are you seeing this too ?
#NIFTY Intraday Support and Resistance Levels -09/02/2024Nifty will be gap down opening in today's session. After opening nifty start trading below 21730 level and then possible downside rally up to 21610 in today's session. in case nifty trades above 21810 level then the upside target can go up to the 21930 level.
USDCAD Resistance Third Attempt Hi Traders!
There may be a break soon as USDCAD looks to test the 1.35440 resistance area for a third time.
Here are the details:
The price action looks bullish; the market swings are getting higher, and the 20 EMA support re-test has held.
Our idea here is to buy market dips leading up to 1.35440 for a possible break above if the bullish momentum continues. The long-term target is around the 1.36269 area, as we expect some resistance there.
Preferred Direction: Buy
Technical Indicators: 20 EMA
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
Arvind Ltd Swing, Short Term and Long Term Trade Idea6M chart shows a Double bottom breakout, we need to wait till December closing, aggressive investors may consider trade now. This shows a potential 100% return from here.
Monthly and weekly chart shows an all time high breakout, after 5 years of consolidation and hitting the same supply region.
This chart shows opportunity for swing and short term.
75 minutes has broken out of small consolidation zone, potentially leading to the next target zone of 185. For swing trade one may consider this.
Trade at your own risk, Happy trading!
AUD USD TRADE SET UP AUD USD has formed an inverted head and shoulders pattern with a break and retest.
Still waiting for strong candlesticks confirmation to go long
Necklace Pattern Breakout- Omaz Auto LtdNecklace Pattern Breakout- Omaz Auto Ltd
Looks like multi year range is ready for a breakout after repeated failed attempts. Let's see how market reacts to this attempt.
This is not a Buy/Sell Call. Chart shared for educational purpose only.
USDJPY (H4) Potential buying opportunities may emerge.USDJPY (H4) Potential buying opportunities may emerge.
Indicators that have manifested:
1. The current price range exhibits a narrow band in comparison to the preceding price surge, amounting to less than one-third of the prior increase.
2. The aforementioned resistance levels appear relatively feeble, given the brevity of the resistance duration.
The command can be executed as outlined below:
Buy Stop at 148.95
Stop Loss (SL) at 148.223
Take Profit 1 (TP1) at 150.657
Take Profit 2 (TP2) at 152.413
Note: Capital management 2%
Follow us and read my status to follow more forexsignal !
EURUSD Breakout OpportunityHi Traders!
EURUSD is in a descending triangle, and there is a possibility of a break below the trendline support.
Here are the details:
The market is trending down with swings of lower highs and lower lows following the break and close below the 20 EMA. Our idea is to sell rallies, looking for a break below the support trendline at 1.07237.
Preferred Direction: Sell
Technical Indicators: 20 EMA
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
Uptrend Channel pattern breakout in HCLTECHHCL TECHNOLOGIES LTD
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Uptrend Channel Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1660+.
✅Can Go Long in this stock by placing a stop loss below 1595-.
Baby Steps Pattern-TriveniBaby Steps Pattern- High Probability of Good Up-Move.
This is only for Educational Purpose.
Not a Buy/Sell Call.
Do your own Research! (DYOR)
