Delhivery LTD. 1 Week Timeframe Chart Analysis NSE:DELHIVERY When Delhivery Close Above 400 Level Then UPSIDE Our first Target is 422 & close above 422 then Second Target is 452 In Upside. Then Next Target As Per Fib Retracement Levels.
Fibonacci-levels
Is the US30 Rally Coming to an end??The last two days have been highly bullish, wouldn't you agree? Just enough to get buyers off their wallets to deliver a devastating blow. Last week we successfully sold US30 for 500 pips. I expect more of the same this upcoming week.
I've Identified 5 Different Structures that give us a price cluster, at a significant market level. Details Below.
Structure 1
S1 from swing high 34889 to swing low 31426 is the largest structure we used to capture the .618 Retracement.
Structure 2
S2 from swing high 34498 to swing low 31426 gives us another .618 Retracement .
Structure 3
S3 from swing high 33582 to swing low 31426 gives us the .786 - .886 retracement zone . (Only using the .886 as a part of the price cluster.)
Structure 4
S4 from swing high 32992 to swing low 31426 gives us the 1.272 extension
Structure 5
S5 from swing high 32765 to swing low 31727 gives us the 1.618 extension
We have been experiencing a lot of market volatility and had some consolidation the last few times price was at these levels. As always respect your risk and be patient with your entries. I took a more conservative entry because there are significant levels above the price entry. In case markets get wicky I would like to stay in it. Good Luck
STOP LOSS: 338876
ENTRY: 33570
TARGET: 32823
Was this helpful for you? If so like and comment! If not, please share with me how you feel these ideas can come across more clearly. Happy Trading
Use of Pitchfork for intraday in Live MarketHere I bring you the concept of classic pitchfork and how to use it in live intraday market...
watch full video and you will see that how perfectly the pitchfork level works....
How deep is ETC going to fall? Expectation: 24.8 than back to 28Analyzing levels. A relatively strong level on 26.6 has been passed. This level coincides with Fibonacci 0.382 pulled down from the recent high to the recent low. So I expect ETC not to go below 24.8 but rather reverse on 25.1 and go up again back to 28 and may be 30. What do you think?
Gold forecast,starting a new downtrend?Watch this critical levels for an entry according with your strategy.My idea is short,overall
GBPUSD SELL SETUPA good place to go short would be on breakout of this structure, it may still have more upside thats why you need to wait to get a clear breakout and then sell targetting 1.2870
GBPJPY 1H BUY SETUPGBPJPY is in correction after this last 1H impulse up, I'll wait for it to complete the abc structure, and will look to buy 0.618 fib level which is riskier entry.A more conservative entry would be to wait and buy the breakout targetting 134.90.Trade your plan
EURJPY: Patterns for the Bulls and BearsHi Traders,
There are two advanced patterns nearing completion on EURJPY. There is a bearish Cypher Pattern completing the D leg at 113.540, and a bullish Gartley Pattern completing the D leg at 112.630. If we move below 112.780 before moving up to reach the Cypher pattern completion it will be invalid. It will be interesting to see how this plays out during today's trading.
Bearish Cypher
Entry: 113.530
Stop: 113.830
Target 1: 113.250
Target 2: 113.090
Bullish Gartley
Entry: 112.640
Stop: 112.200
Target 1: 113.040
Target 2: 113.310
If you found this useful leave a like, it's always appreciated.
Wishing you profitable trading for the rest of the week.
Luke
BUY GBPUSD has pushed through Significant resistance. The moving averages have know crossed and price is above for the first time in a while. Looking to add here on a pullback at the 1.4550 levels.
Target 1 : 1.4800
Target 2 : 1.50
AUD/USD: trade to start week #11 Lots of confluences for this trade to get SHORT as u can see from the chart:
Resistance
Fib level
High test candle
Deceleration
50 ema bounce
I would be happy to see thisHere's some significant structure levels.
The buy zone which is in a support/resistance zone shows also a confluence of Fibonacci's retracement ratios.
EURJPY POTENTIAL SELL H4 WEDGE - HIGH PROBABILITY OPPORTUNITY £$Quick clean idea on EURJPY.
Drawn Support and resistance based on structure, wedge tightening.
Fibonacci retrace level shows 61.8% reversal possibility occurring from last months High/low point.
Commodity channel index also heading south after being heavily overbrought
Seeking entry between 136.350 - 136.450 watching smaller TF's play out before commitment.
First target - 135.095
Second target - 133.400
Good Luck and Happy Trading :)
