Hindalco1!28-11
Daily chart of Hindalco1!
LTP: 433.10
The candles have respected the resisting trendline (manual)
The candles have respected the resistance at 442.30 (manual)
If the weakness carries, the candles might break the support at 426.10 (200 EMA) and head towards the support at 358 (manual)
I bought 430 pe
Futureanalysis
Wait for confirmation first! ✨I think this is a very interesting moment for this coin as it approaches a very important resistance level. However, it's no clear yet if it could break through it or reverse altogether so here are 2 tips. If it breaks through, wait for the retest to enter and set target a little bit below resistance level as it could react fast to it and drop fast once it reaches. Another scenario could be it actually break the upper channel it's making and if it does wait for the breakout once you have it, wait for the re-test of this breakout and then enter the trade lower. Always wait for confirmation to be safe. Target for down is previous resistance turned into support.
Will BITCOIN reach $ 300,000 in this year (2021) ?The above given Bitcoin chart has depicted 2 bull run cycles and another one is still performing. If it will be perform as previous cycles #300,000 is the possible target.
2013 Top $ 1,163
2017 Top $ 19,666
2021 Top $ #####
#Iamnotafinancialadivisor#
#Doyourownresearch#
Thank you !
NQ=F keep pushing higher as negative divergent extendsHere is the daily chart of Nasdaq 100 e-mini Future. Despite of what's going on with macros, it keeps pushing higher day after day. I am just waiting to see the catalyst and a signal to enter a short trade. ES=F has a very similar posture as well. I also added support levels which will likely to produce some reactions as well as upsloping trend lines. Yellow trend line is from the 2008/2009 Great Recession. Given the put to call ratio, extreme euphoria, and extreme bullishness in public sentiment, I expect down move to be very fast and swift.
Am I right or wrong? Only the time will tell....
Have a good trade, everyone.
T.
Gold rust As long as gold remains below 1920 I am still a seller. After gold broke down below the range the trend for me remains bearish. Despite this up move price still hasn't retraced even 50% of the most recent down move. On top of that monthly rate of change is still negative. Let me know what you think
Reversal play #metalsSelling copper here with a stop at 3.7500. After the failed breakout attempt last week I think the metal could reverse lower toward the bottom of the range- 3.4780. Inflation is certainty a topic that is widely discussed and copper has been a big part of the story, but in the near term the rate of change (22 days) has slowed and it is still below the most recent range high after a failed breakout attempt.
Bond Update #bondsThis breakout trade out of the December range (rectangle)to the downside to the lows set back in March has been even better then expected but as we approach those lows it is decision time again. Because I have good trade location I am going to hold the short position even if we get an immediate term bounce. I am watching to see if we can hold below 169'00. If we can the downtrend is still intact. How price reacts here at 167'00 will be interesting to watch though because if rates are really going to rise this time, the down move could be strong if we can make it below 167'00. Despite the FED and the economy not fully being open, bond yields are certainty indicating inflation for now.
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nq100Hello traders, here is the analysis from our team :
buy : 11136
tp#1 11139
tp#2 11141
tp# 3 11146
Target: 11149
stop: 11123
Money management after 11141.
Let us know in the comment section below if you have any questions.😉
US500Hello traders, here is the analysis from our team :
Buy limit:3339
Target: 3365
stop: 3313
we like price to run in our favor, and take profit from 3349 . money management.
Let us know in the comment section below if you have any questions.😉
nq100Hello traders, here is the analysis from our team :
Here is a long term projection.
Sell :10870
Target :10670
Stop: 11070
To balance off short term, We bring you long term .
Valid till: 08/14/2020
Let us know in the comment section below if you have any questions.😉