Bazaar Ki Baatein: What lies ahead for Nifty and the Indian mktsWeekly analysis of Nifty, Banknifty and the top gainers & losers among FNO stocks.
PERSISTENT
DXY BUY ANALYSISso what we have here on the DXY is the following:
1. market has been making higher highs and higher lows and formed upward trendlines on the WEEKLY, DAILY, H4 and H1
2. price has respected a pretty strong resistance level as we can see by a DOJI on the H4
3. and due to this on the H1 market broke past a previous HIGHER LOW and formed a LOWER HIGH
4. once market reaches my H4 upward trendline for a third touch only will i look for long trades
Persistent Potential BREAKOUT Break above ascending triangle will trigger the entry.
Ideal 10% SL zone below the entry candle’s low will work fine.
My introduction to you: ETH and BlockchainGreetings Traders,
My name is Jeedo Jeansipen I am not yet a professional. I trade stocks, forex and Crypto currency. My work field is Contracts Law looking to further my education in Corporate Law and of Real Estate. this is my first ever post so please feel free to give me so feedback as we all here to learn. Now looking at the chart that I am currently showing you, ETH is setting up for a big move enacting a bullish trend touching back on previous broken structure. Now I believe that ETH is on it's way to the 600-700 USD trading range by beginning of February or much sooner. Personally as traders, I believe we need to understand the platforms behind these cryptocurrencies, advantages and disadvantages regarding the use of the currency in the global market. These currencies do have the ability to allow developing countries reach developed status and under developed countries undergo development at a much faster pace because of crypto currency. In conclusion, it is not just about money, it is about the power of connectivity and the potential held in these coins. Please feel free to start a conversation or offer your feedback regarding what you would like to see and furthermore.
thank you for taking the time of reading my introduction to what hopefully will change your and your financial situation. We are all here to learn and learn is what we shall do.
Jeedo Jeansipen
Persistant LongBreaks out from downtrend
In support zone currently
Offers good risk reward ratio
Target 1128 , SL 944
NSE:PERSISTENT
