Intradaystrategy
XAU/USD 05 April 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Gold continues it's bullish run following the Fed's dovish outlook.
Price has printed further highs since yesterday's highs (04-04-2024) where we continue to trade within a fractal high and internal low.
As mentioned on 22/03/2024, Intraday expectation was for price to react H4 POI to then target fractal high, which price did, creating a new highs and still remains the case.
Due to the bullish nature of the market and prices at all time highs, the most prudent approach would be to adopt patience and allow price to print structure as opposed to picking tops.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a further bullish iBOS where it continues to print all time highs.
Price is trading within internal low and fractal high.
First structural sign, but not confirmation that pullback has initiated is a bearish CHoCH, which is denoted by a blue dotted line.
Yesterday's intraday expectation was met again.
Intraday expectation would be for price to pull back following bullish iBOS, react at either M15 POI or 50% EQ of the internal structure before price targets weak internal high.
Another likely scenario, and due to the fact that all HTF's need to pull back, is price prints a bearish iBOS on M15 which would mean first structural indication (CHoCH) on H4 that pullback is about to initiate.
M15 Chart:
Bank Nifty Trade Setup (12-June-2023)This will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup. This is for only for my learning purpose and maintaining my trading journal.
Bank Nifty selling of and forming shooting star candles... what should we expect ? Is it trend reversal ? or is it profit booking buy previously holding stocks ?
Day traders shouldn't worry about long term...
So for tomorrow this will be my trade setup:
1.) If opens flat which is near trendline or above it and horizontal reistance (44060) and takes support there i will buy for target of 44250.
2.) If opening flat and broke both trendline and resistance of 44060 keep acting as resistance i will short for target of 1st support 43850, then 2nd support 43730.
3.) Big gap up or down will stay away from market unless there is good setup.
Nifty Trade Setup (09-June-2023)This will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup. This is for only for my learning purpose and maintaining my trading journal.
Today Nifty gave good setups wasn't able to pre analyze due to work and missed good trade after many days of range bound and gaps. :)
Trade Setup for tomorrow:
1.) If opens flat and took support near trendline and 18580 will look for buy for target of 18700, 18726 and PDH. . if doesn't hold 18580 support will look for shorting for next support place.
2.) If gaps i will wait for good setups to form.
CUMMINSIND Intraday Trading SetupCUMMISIND Intraday Trading setup. Buy above 1460.
TARGETS - 1490-1500.
BEL (Intraday) (Swing) [Illiquid Stock]Looks suitable for Intraday.
Since this is an illiquid stock, therefore take the trade on a min 15 min timeframe.
This looks good for the short term too. (Switch to daily timeframe to get a clearer view)
Disclaimer: Not a buy or sell suggestion, this is my analysis shared for educational purposes.
Crypto - Trade SetupMost ALTs haven't tested the main resistance level yet and even though they rejected beneath the resistance still there is a smell of bulls in the price action. Yes not so much interest yet but i'm expecting something more likely upward towards the resistance zone soon. But like i say market emotions change with the time so we must not stay rigid, we need to move along with the market.
Here are the key areas for my trade setup on ENJI against USDT, I'm saying again once the price reaches my zones I'll observe the market emotion clearly then only i get into the trade otherwise I'll look for another trade setup. This is what disciplined traders do so what are you doing ??
My calling : 0.5922
Note : I'll update once the trade setup got triggered!
Disclaimer : I'm not a financial advisor, trade at your own risk.
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SPX500: my intraday scenario using 81strategyHi Traders,
This is my view on this pair for the next days on #SPX500 using my 2 intraday strategies.
(I’ve just shared my fully explained 81strategy on Tube)
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
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Pit from Trading Kitchen
Procter & Gamble intraday buy signals H1PG, H1: Mirror level + Support line + Side of Bollinger bands + Dragonfly doji + Hidden divergence
