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EUR/USD Predicted Market Path: Greetings traders, Let's explore the anticipated market path for EUR/USD. As you observe the charts, pay close attention to the dynamics. This is the mid-term analysis Key Level: A break below the critical level of 1.09178 could act as a trigger, activating a sell setup approximately around 1.0950. This level is strategically chosen to align with the bearish channel, enhancing its significance in the analysis. Market movements can be influenced by a variety of factors, so it's crucial to remain vigilant and adapt to changing conditions. Integrate your risk management strategies for a well-rounded approach. Trade wisely and stay informed!
Short
by AliSignals
4
In the realm of AUD/CAD intraday analysisGreetings fellow traders, The upcoming trajectory is set to follow the purple path based on the mid-term analysis. For intraday considerations, two potential setups emerge: A prospect at the bottom of the channel, though I advise caution. I am willing to take a quarter of the usual risk for this setup. Alternatively, the purple zone nested within the yellow zone could present a favorable opportunity for long trades. Best of luck in your trading endeavors! Take a look to mid-term analysis!
Long
by AliSignals
GBPUSD: GBPUSD trend today December 19The dollar index fell 0.1% as markets weighed potential timing of 2024 Fed, ECB and BoE rate cuts and whether the BoJ on Tuesday will offer more clarity regarding when they might hike. That came after last week's dovish Fed and hawkish ECB and BoE meetings and Fed speakers' pushback against big 2024 rate cut pricing. EUR/USD rose 0.3% in line with the Bunds-Treasury yields spreads rebound fostered by more ECB policymakers arguing against early 2024 rate cuts with disinflation metrics not yet met. But German Ifo business sentiment worsened, creating risk of a second quarterly GDP drop and thus recession reading.
Short
by NicoTradingMaster
2
EURUSD 20 Dec 2023 Intraday Analysis - EU/US Consumer ConfidenceThis is my Intraday analysis on EURUSD for 20 Dec 2023 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bullish INT Bullish Reached EQ/Extreme 2. INT structure turned bullish as expected and we are currently in 4H Swing continuation targeting the Weak Swing High and maybe more above. After the iBOS we would expect a pullback but be mindful with the current solid bullish momentum and that we are currently Pro Swing and Pro Internal, pullbacks will not be deep so be patient and cautious and utilize LTF to guide you. 3. Swing low and last demand for potential buys. 4. Price had mitigated the Daily/4H Supply zones and currently close to the Weak Swing High. Price reacted as expected from the 4H demand zone and we are currently in the same momentum to target the 4H Weak Swing High. In my POV the current reaction from the 4H/Daily Supply zones is not yet reflecting as a rejection as the reaction didn't achieve anything significant even no Fractal CHoCH. So as long we stay bullish and demand holding we are still solidly bullish. Also as we are approaching the end of the year, moves will not be in momentum so i recommend to better observe the market and prepare yourself to the next year runs. 15m Chart Analysis 1. Swing Bullish Internal Bearish INT INT Bullish 2. Price created a bearish iBOS which confirms a Swing High. We are currently in the Swing pullback phase which means we are in a short term bearish momentum to facilitate the Swing pullback. We have some potential supply zones for Shorts to play the Swing Pullback as long we didn't reach the Swing EQ/Discount. We had mitigated the extreme supply withing the INT structure but the INT INT Structure is Still Solid Bullish. We need an iiBOS to confirm that the INT pullback is over and we can look for Shorts to play the 15m Swing Pullback. But be mindful that we are in the 4H Bullish Continuation Phase and we are targeting the Weak Swing High on 4H and also on 15m, so Shorts are risky that's why we need a solid structure breaks to confirm the bearish move.
by Amr-Sadek
BANK NIFTY INTRADAY LEVELS FOR 20/12/2023BUY ABOVE - 48000 SL - 47820 TARGETS - 48200,48420,48600 SELL BELOW - 47650 SL - 48020 TARGETS - 47400,47200,47020 NO TRADE ZONE - 47650 to 48000 Previous Day High - 48000 Previous Day Low - 47650 I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both. In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures. Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully. Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:BANKNIFTY
by Jagadheesh_JP
NIFTY INTRADAY LEVELS FOR 20/12/2023BUY ABOVE - 21490 SL - 21410 TARGETS - 21570,21660,21720 SELL BELOW - 21410 SL - 21460 TARGETS - 21350,21280,21210 NO TRADE ZONE - 21410 to 21490 Previous Day High - 21490 Previous Day Low - 21350 I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both. In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures. Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully. Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made . Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:NIFTY
by Jagadheesh_JP
EURUSD 19 Dec 2023 Intraday Analysis - EUR CPI This is my Intraday analysis on EURUSD for 19 Dec 2023 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m NOTE: Nothing changed since yesterday, price is ranging within a tide range and maybe with CPI today we can see some movement. 4H Chart Analysis 1. Swing Bullish INT Bullish Reached EQ/Extreme 2. INT structure turned bullish as expected and we are currently in 4H Swing continuation targeting the Weak Swing High and maybe more above. After the iBOS we would expect a pullback but be mindful with the current solid bullish momentum and that we are currently Pro Swing and Pro Internal, pullbacks will not be deep so be patient and cautious and utilize LTF to guide you. 3. Swing low and last demand for potential buys. 4. Price is currently at the Daily/4H Supply zones and Weak Swing High. Price had mitigated the Daily/4H Supply zones formed when we started the Swing Pullback. Currently price at a 4H Demand zone and the Zone low is the current Liq which price could sweep and continue up again targeting the Weak Swing High. As we are approaching the end of the year, better to observe the market and prepare yourself to the next year runs. 15m Chart Analysis 1. Swing Bullish Internal Bearish 2. Price created a bearish iBOS which confirms a Swing High. We are currently in the Swing pullback phase which means we are in a short term bearish momentum to facilitate the Swing pullback. We have some potential supply zones for Shorts to play the Swing Pullback as long we didn't reach the Swing EQ/Discount. I prefer the upper 2 zones as they are positioned in the Premium and they can potentially categorized as FLIP zones. For Swing bullish continuation, I'm looking on the 4H/15m Demand zone to look for reaction from for Longs as long the Strong Swing Low will Hold.
by Amr-Sadek
NIFTY INTRADAY LEVELS FOR 19/12/2023BUY ABOVE - 21490 SL - 21410 TARGETS - 21570,21660,21720 SELL BELOW - 21410 SL - 21460 TARGETS - 21360,21280,21210 NO TRADE ZONE - 21410 to 21490 Previous Day High - 21490 Previous Day Low - 21360 I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both. In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures. Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully. Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:NIFTY
by Jagadheesh_JP
18
BANK NIFTY INTRADAY LEVELS FOR 19/12/2023BUY ABOVE - 48000 SL - 47820 TARGETS - 48200,48420,48600 SELL BELOW - 47650 SL - 48020 TARGETS - 47400,47200,47020 NO TRADE ZONE - 47650 to 48000 Previous Day High - 48200 Previous Day Low - 47820 I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both. In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures. Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully. Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:BANKNIFTY
by Jagadheesh_JP
EURUSD 18 Dec 2023 Intraday AnalysisThis is my Intraday analysis on EURUSD for 18 Dec 2023 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bullish INT Bullish Reached EQ/Extreme 2. INT structure turned bullish as expected and we are currently in 4H Swing continuation targeting the Weak Swing High and maybe more above. After the iBOS we would expect a pullback but be mindful with the current solid bullish momentum and that we are currently Pro Swing and Pro Internal, pullbacks will not be deep so be patient and cautious and utilize LTF to guide you. 3. Swing low and last demand for potential buys. 4. Price is currently at the Daily/4H Supply zones and Weak Swing High. Price had mitigated the Daily/4H Supply zones formed when we started the Swing Pullback. Currently price at a 4H Demand zone and the Zone low is the current Liq which price could sweep and continue up again targeting the Weak Swing High. As we are approaching the end of the year, better to observe the market and prepare yourself to the next year runs. 15m Chart Analysis 1. Swing Bullish Internal Bearish 2. Price created a bearish iBOS which confirms a Swing High. We are currently in the Swing pullback phase which means we are in a short term bearish momentum to facilitate the Swing pullback. We have some potential supply zones for Shorts to play the Swing Pullback as long we didn't reach the Swing EQ/Discount. I prefer the upper 2 zones as they are positioned in the Premium and they can potentially categorized as FLIP zones. For Swing bullish continuation, I'm looking on the 4H/15m Demand zone to look for reaction from for Longs as long the Strong Swing Low will Hold. 3. Potential Demand Zone within the current internal and in the Swing Discount. 4. Extreme Demand zone to hold if the 15m Swing will continue Bullish.
by Amr-Sadek
NIFTY INTRADAY LEVELS FOR 18/12/2023BUY ABOVE - 21460 SL - 21400 TARGETS - 21530,21600,21660 SELL BELOW - 21360 SL - 21400 TARGETS - 21280,21210,21140 NO TRADE ZONE - 21360 to 21460 Previous Day High - 21490 Previous Day Low - 21240 I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both. In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures. Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully. Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:NIFTY
by Jagadheesh_JP
8
BANK NIFTY INTRADAY LEVELS FOR 18/12/2023BUY ABOVE - 48200 SL - 48040 TARGETS - 48420,48600,48800 SELL BELOW - 47940 SL - 48080 TARGETS - 47650,47400,47200 NO TRADE ZONE - 47940 to 48200 Previous Day High - 48000 Previous Day Low - 47650 I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both. In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures. Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully. Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:BANKNIFTY
by Jagadheesh_JP
EURUSD 15 Dec 2023 Intraday AnalysisThis is my Intraday analysis on EURUSD for 15 Dec 2023 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bullish INT Bullish 2. INT structure turned bullish as expected and we are currently in 4H Swing continuation targeting the Weak Swing High maybe more above. After the iBOS we would expect a pullback but be mindful the the current solid bullish momentum and that we are currently Pro Swing and Pro Internal, pullbacks will not be deep so be patient and cautious and utilize LTF to guide you. 3. Swing low and last demand for potential buys. 4. Price is currently at the Daily/4H Supply zones and Swing extreme. Our expectations that we will reach the Weak Swing High and extend more. But be mindful that there are no options for longs here as the move already started from the Swing Discount and currently we are at the extreme premium. As we are at the end of the week and the year, better to observe the market and prepare yourself to the next year runs. 15m Chart Analysis 1. Swing Bullish Internal Bullish 2. Price still in Bullish continuation after the BOS creating Bullish Internal structures. Price mitigated Daily/4H Supply zones and could start a pullback at anytime. A Bearish iBOS will be the signal that the pullback maybe starting. Be mindful that the current bullish momentum is going to extend to reach the 4H Swing high so still we have another leg up before a pullback. Always waiting for solid confirmation will be the right decision. 3. Potential Demand Zone within the current internal and in the Swing Discount.
by Amr-Sadek
NIFTY INTRADAY LEVELS FOR 15/12/2023BUY ABOVE - 21210 SL - 21160 TARGETS - 21280,21350,21440 SELL BELOW - 21140 SL - 21210 TARGETS - 21080,21030,20980 NO TRADE ZONE - 21140 to 21210 Previous Day High - 20940 Previous Day Low - 20770 I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both. In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures. Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully. Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:NIFTY
by Jagadheesh_JP
BANK NIFTY INTRADAY LEVEL FOR 15/12/2023BUY ABOVE - 47940 SL - 47760 TARGETS - 48200,48420,48601 SELL BELOW - 47570 SL - 47760 TARGETS - 47400,47200,47020 NO TRADE ZONE - 47570 to 47940 Previous Day High - 47940 Previous Day Low - 47540 I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both. In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures. Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully. Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:BANKNIFTY
by Jagadheesh_JP
20
EURUSD 14 Dec 2023 Intraday Analysis - EUR Interest Rate This is my Intraday analysis on EURUSD for 14 Dec 2023 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bullish INT Bearish Reached EQ 2. INT structure turned bullish as expected and we are currently in 4H Swing continuation targeting the Weak Swing High maybe more above. After the iBOS we would expect a pullback but be mindful the the current solid bullish momentum and that we are currently Pro Swing and Pro Internal, pullbacks will not be deep so be patient and cautious and utilize LTF to guide you. 3. Swing low and last demand for potential buys. 4. Price swept liquidity on the left but didn't mitigate any supply zone to initiate the pullback. We have the Daily/4H Supply zone that can provide reaction (Not expecting a deep reaction) that can provide a pullback before we reach the Weak Swing High. 5. Fundamentally: The Fed showed the acceptance to the market expectations on rate cuts next year which is bearish USD. We will continue bullish till next CPI/NFP reports which can provide more confirmation for the next FOMC meeting. 15m Chart Analysis 1. Swing Bullish Internal Bullish 2. Swing turned Bullish creating BOS. After a BOS we expect a pullback. First sign of the pullback maybe starting will be a CHOCH. Expectations that price can pullback to demand areas to continue bullish. But be mindful that with that solid bullish momentum, pullbacks will not be deep. Also price didn't mitigate any HTF POI yet to initiate the pullback, so most probably we will continue the leg up before any decent pullback. NOTE: Today is EUR Interest Rate Decision. 3. Potential Demand Zone within the current internal and in the Swing Discount.
by Amr-Sadek
NIFTY INTRADAY LEVELS FOR 14/12/2023BUY ABOVE - 20940 SL - 20910 TARGETS - 20980,21030,21080 SELL BELOW - 20860 SL - 20890 TARGETS - 20820,20770,20730 NO TRADE ZONE - 20860 to 20940 Previous Day High - 20940 Previous Day Low - 20770 I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both. In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures. Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully. Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:NIFTY
by Jagadheesh_JP
5
BANK NIFTY INTRADAY LEVELS FOR 14/12/2023BUY ABOVE - 47200 SL - 47020 TARGETS - 47410,47580,47770 SELL BELOW - 47020 SL - 47140 TARGETS - 46900,46760,46500 NO TRADE ZONE - 47020 to 47200 Previous Day High - 47200 Previous Day Low - 46900 I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both. In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures. Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully. Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:BANKNIFTY
by Jagadheesh_JP
EURUSD 13 Dec 2023 Intraday Analysis - US PPI/FOMC DayThis is my Intraday analysis on EURUSD for 13 Dec 2023 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bullish INT Bearish Reached EQ 2. INT structure turned bearish to liquidate the INT Low (Liquidity above the Daily Demand) and mitigated the daily demand zone. INT Structure is currently bearish, so we are still bearish and there is a high probability that we may break the Swing Low as per the Daily/Weekly Bearish Continuation. On the other side, 4H/Daily Swings are bullish and we are at the extremes. If we are going to continue these bullish structure then at least we need to see Bullish iBOS on the 4H. We also could benefit from LTFs to show us early if that daily mitigation could develop to be a Swing Continuation on the 4H/Daily. Waiting for LTF to show me more developments. 3. Swing low and last demand for potential buys. 4. Technically, we still bearish and potentially we can continue down. But looking on the current market fundamentals, Market is in indecision sentiment due to End of Year (December), Inflation Expectations and Rate Hikes/Cut. Volatility is the nature of December due to the lack of liquidity. 15m Chart Analysis 1. Swing Bearish Internal Bullish Reached EQ 2. Price failed to break the Strong Swing High and swept the liquidity above causing a bearish ChoCH. We still in bearish Swing and looking on the bigger picture we are still in the same range for almost 2 weeks now. Not much interested still in Shorting until we have a decent pullback to daily supply. From Intraday prospective, Shorts is the proper play following the 4H/15m Bearish Structure. Will wait for more development if there will be opportunity for Longs confirmation after the 15m Swing / 4H internal turns Bullish. 3. No Supply zones for Shorts that can be potential. 4. Risky Demand zone for longs. Solid confirmation needed before longs.
by Amr-Sadek