Hello, I was saying all week that the USDX was going to be strong in it's recovery from selling off the past few weeks. I didn't think the economic data was all that bad during Friday, I think the damage set-in once the USDX started to rally on the retest and close above 101.50. As the NY session opened on Friday I saw a lot selling of the Gold-price as the...
there is a possibility that nifty smallcap 250 can for a head and shoulder pattern here, which can bring it down by total of 11%, and 7.7% after the formation gets completed. It is very likely that the market will not complete this pattern, but just for awareness and availability of different perspective I wanted to post about it. also, please do not take any...
The provided code is an implementation of a grid strategy in Pine Script, a programming language specific to TradingView. Here's a breakdown of the code: Strategy Settings: The code starts with defining the strategy parameters such as the strategy name, overlay option, pyramiding rule, quantity type, initial capital, currency, and commission settings. Input...
I'm trading the pullback of course with neutral strangle. Divergence on RSI, high IVR, optimal for neutral quick trade on micro oil futures. Sold 1 /MCLZ3 MCOZ3 11/15/23 Call 95.00 @ 1.17 (delta21) Sold 1 /MCLZ3 MCOZ3 11/15/23 Put 75.00 @ 1.06 (delta17) This is an OIL 37DTE Strangle for 2.23cr (bit bullish delta overall) 37DTE Strangle for 2.23cr Max...
Hi there ; to those of u who are familiar with Wyckoff, as i have just recently started getting into this type of analysis , maybe we can make some sense out of this market moves . - it seems like phase A has been successfully accumulated supply and the diminished volume in mark-downs , make it seem promising . - as now we enter phase B , we will attempt a...
Description NVDA has seen consistent gains following the upside break of its descending intermediate trendline on 17JAN. Now it seems to have settled into a consolidation pattern (Ascending Triangle) following the event-related runaway gap up through an ATH on 25May. Ascending triangles represent a healthy demand for a stock with a planned distribution at a...
We are close to all time high for titan share and a big resistance is out there. I would book profit here and wait for the trend confirmation. Two big probabilities: 1. Open and close above resistance means long. 2. Open and close below resistance is good chance to short.
Dear Traders Whilst I see the obvious imbalance as well as the possibility of it being mitigated suddenly. Gold is still at risk of a sharp drop to the weekly supply zone with the possibility of closing the market gap created within the supply zone. The best way to make money from this metal based on what I am seeing is to wait and see if the imbalance would...
BTCUSDT in weekly RSI broke its upward trend line and moved down after the pullback But the price has not yet reached its trend line and we expect it to move toward the trend line
NSE:HIL is moving sideways from last week. It takes support at the same price taken last time and resist at the same price taken at last time in 15 minutes timeframe.It is moving in a channel. The 50 and 200 moving average is aslo sideways. Wait for a good breakout with volume. It is good for taking trade for intrady trade. If it gives breakout we are going to...
Hello fellow traders Greetings from team Trading The Tides lets talk about Woo which we been trading for the last 3 days and made around 30% in profits . today as the FOMC is really close and there many crucial Data down the line . First of all specifically today I don't see much buying in WOO , secondly Woo is creating more and more resistance to the upside ,...
Hello Traders, Looking at Gold, I see the opposite of the DXY but not so clean because of I think we have seen two major fundamentals in the last 1 year (The Russian/Ukraine war & The Silicon Bank Failure) that may have impacted gold. Going by M-Pattern price action Gold is a bit very tricky now, but I will sell Gold massively if I see a closure below the 1819...
I would like to watch which side it breaks out, from there I would like to take a call. I will try to stay neutral at this point.
What if the price is just retesting the broken trendline? The support looks very weak now but still not broken. We will see a lot of push back from bulls and bears but I would be very careful to go all in shorting or buying. Just sitting here and watching the show.
* Pretty simple and clean details shared. * Each and everything has been mentioned in the Pic (Chart). * If the Triangle "Breaks Up" then will reach to the mentioned price in "Yellow Colour" otherwise if Breaksdown then it's gonna touch the lower price mentioned in "Yellow Cplour". . . ----------->>>>>>>>> $ <<<<<<<<<---------- * If still have questions, you are...
HI ALL AND WELCOME BACK. YESTERDAY'S RECAP! As you can see from my last comment section i was anticipating for a MINOR PUMP up i saw it ending at around $1966-70 and we saw it but it extended a bit further to $1976, when all the other TRADERS were still concentrating on that fall i saw the RISE and it went accordingly and since i had an early entry i made good...
On the chart we can see a symmetrical triangle pattern, which is a neutral pattern meaning that it can breakout either to the upside or to the downside. Enter the trade once the price breaks out of the triangle. Look at the volume surge in order to avoid the false breakout. Targets for long and for short are shown on the chart.
Let's see how this plays out !! Next important dates ==> Aug '23 - Sept '23