GBPAUD - Fibo levels & Fake breakoutHere we explain further an analysis we dropped yesterday on GBPAUD.
We said that the pair is showing bearish behavior and mentioned that it should go further down to buyers liquidity level, however the pair rebounded upward shortly after. We immediately updated that it was a mere correction and this video explains how and why.
We hope you find this useful.
Love, Lacasafxfamily
Impulse
GBPJPY Analysis Ahead of CPI Inflation ReportWelcome back! Let me know your thoughts in the comments!
**GBPJPY - Listen to video!
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CADJPY Impulse Correction ContinuationWelcome back! Let me know your thoughts in the comments!
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MDX - Fair Value Gap TakenI covered this in my recent YT video that we had a fair value gap in the yellow box area.
Price (especially short squeezes) tend to fill this gaps sooner or later.
I had also marked out those key levels to look out for as targets (dotted lines).
Mdex smashed both of them with hast, filling the FVG now.
Is this the start to a real trend? (I wouldn't be longing here).
GBPJPY ImpulsesI have been tracking the impulses of GBPJPY.
In the past 10 days, the average impulse in around 367pips. of course, that is b/c a couple really big plays without it the average comes to around 260-300. I've noticed that GBPJPY impulses at the end of a consolidation periods. Capturing such a move would be a nice add to the trading account. I can see why GBPJPY can help you build up account, as well as Blow your account quickly, if you do not have your S/Ls set. GBPJPY has a tendency to sweep the S/L's and reclaim its position, very quickly.
Also, Using RSI on this chart hasn't worked recently. seems to go the opposite way.
I will continue to track impulses while watching if volume reveals anything to help encourage the impulses.
Hope you enjoy!
USDCAD Is Looking Higher Within A Five-Wave ImpulseUSDCAD is breaking higher, now making some extended upward move which is acting like an impulse because of an extended and sharp move up from 1.3. As such, we think this can be impulse wave 3 where pair can slow down for a corrective pullback into wave four. Ideally that upcoming wave four will then stop and stabilize at the upper line of a base channel.
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Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
VET/BTC Expanding Triangle Clamping the price before the impulseLocal trend. Time frame 1 day. Expanding triangle.
Coinmarketcap: VeChain
Price squeeze during “market doubt”.
A zone of price squeezing in a narrow range at the moment of uncertainty (doubt) of the market in general.
Clamped by large orders in the required buy/sell range on liquid exchanges. The range is spammed with orders, basically a bot is triggered to make the trades visible and to “protect” the large orders (so as not to “grizzly”, but if they gnaw—"go down steam"). Small exchanges themselves will “pull up” in price over time.
It works the same way (first of all) in pairs also to dollar, but the step is bigger (it is more difficult to hold a range). In pairs to bitcoin, it's easier to do due to smaller % of step (crypto price). The lower the price in satoshi, the more effective step clamping (range holding) is done.
Unfortunately, here on the site it is impossible to show the order stack, it would be more obvious, the chart is a consequence, not the root cause.
The meaning of the action—before a strong impulse up/down price movement, does not matter. You, unlike hamsters (those who are constantly losing money) cannot know exactly in which direction the market will locally go. The impulse (exit) is made under the general market trend (direction of movement). There are exceptions, but it is more about low liquid altcoins during the so-called “market window” (it is now). It helps a lot to move the price impulsively at such moments (decoupling):
1) stops (“market fuel”)
2) scalpers of course
3) oppositely tuned (in most cases, but not always) crowd (the main market participants) at the moment, that is the cloned behavior of people.
This is what the expanding triangle area looks like on a line chart.
This is what this "price squeeze" looks like locally.
On a linear to understand the without the "market noise".
The graph is a consequence of the sense of action in the glass.
GBPCAD New rising trend line +300 pips Welcome back! Let me know your thoughts in the comments!
**GBPCAD - Listen to video!
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EURGBP Impulse Correction ContinuationWelcome back! Let me know your thoughts in the comments!
**EURGBP - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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NIFTY 50, WAVES- REUPDATED!!in my previuos analysis of nifty50 waves(i will mention the link), i had drawn the waves which existed with the 2 major black line(drawn out in chart), i had thought nifty 50 will complete its 5 wave bull run impulsve movement, in that trend itself. but due to the affect of US markets, nifty is fluctuating(same acts for NIFTYIT too), so it will now hold that support(drawn in black line), which is drawn from the markets getting consolidating, after the 2020's bull run. and end up in same trend line which was going previously.
today(23rd sept), when the markets opened which gave a breakdown to my analysis, i had drawn out the purple line, and today the same days when markets got closed, supporting my line, i am confirmed now with my waves.
therefore this analysis even says that US markets will also recover very soon, and will give its bull run.
GBPUSD Correction Phase Expected After The Bearish Impulse MoveGBPUSD has been trading in a bearish trend for a long time now and its safe to say as we broke the 1.14010 low. But on the 4 hour timeframe we saw a complete clear impulse move which all guidelines are not violated so we can possible expect a correction to the upside in this case I wouldn't suggest an impulse move up as we realise overall we are in a strong downtrend by simply looking at market structure every time we saw a bit of pullback it didn't last it was followed by a strong bearish move this move is not any exception.
Well it can be any corrective move but we can at least expect a zig-zag as its very common. The idea is long term we are still bearish but we can take advantage of short term pullback moves.
GLAND PHARMA, RSI DIVERGENCE!!the stock will have a good impulse move, it has corrected a lot, one can earn about 90% from taking a swing trade. the stock has reached at a price of its IPO's time only.
good RSI DIVERGENCE is forming.
stock price targets are too mentioned.
at last: have a look on moving averages too.
SUPRIYA LIFESCIENCE, LEVELS!!supriya lifescience is a good company, with a good fundamentals and increasing profits. lastly it has a good profit margin too.
pharma sector is a most toughest sector to analyse.
still with a help of technicals and price action we can make it easier.
targets are mentioned, the stock is following certaining support levels, no movement in the stock for certain continuous days, let see for a movement, and then take the trades.
top of that nifty pharma will get its impulse move soon. (check links part)
note: not a gurrantee investment idea, just ofr nalysis part and education part.
SOLARA ACTIVE PHARMA, AT A HUGE DISCOUNT!!i have marked the time of corona crash(2019), with a circle, this stock had not broken its support during a crash too, that means its a stable stock.
it has a good fundamentals, due to heavy corrections from past year, this stock had corrected a lot.
i have drawn a 5 wave pattern, and this stock will now stock its bull rally, as markets for large caps have corrected, and now its time for mid and small caps to get its bull run. (link provided below).
the stock has corrected till its IPO PRICE(when it touched its bottom).
this stock has a good future, invest for long term
MANAPPURAM at a discount!!!this waves are drawn based on the stock which is at major discount and with a good fundamentals, so the waves will follow there impulsive moves based on its targets reached previously.
wave 1- a impulsve move to correct itself to reach the first level of its target
wave 3 - to reach the second target
wave 5- to reach the major trend line, to make the stock exactly priced.
wave 2&4 are the corrective waves, which makes the stock to rest running a long journey.
NOTE- wave 3 should not be shortest waves among(1,3&5)- Princles of Wave Theory
NIFTY MID CAP, TARGET- 33630NIFTY MID CAp started recovering, and now its the time for its bull run.
nifty 50 will complete its 5th wave with the help of different sectors who hgas started there bull run, which will make a space for nifty mid cap to make its impulse waves.
i have link the nifty 50 analysis of this sept month, down below in the lins section, please do check it out, and let me know your views.