important resistances and support The downtrend line in the weekly time frame is broken and Pull back has also had a downtrend line to this line.
Price-action
ICICI Bank: Key Support and Resistance LevelICICI Bank is in strong uptrend and my personal view on ICICI Bank is bullish medium to long-term.
However, you can expect correction soon. So, for swing traders and investors correction may provide you an opportunity to enter.
That's why you need to know from where ICICI Bank might bounce back. So, I draw key diagonal Support and Resistance level.
Wait for these levels and when price rejects this price level, you may get an opportunity to make money.
Happy Trading!
BankNifty: Key Support and Resistance LevelBankNifty is in strong uptrend and my personal view on BankNifty is bullish medium to long-term.
However, you can expect correction soon. So, for swing traders and investors correction may provide you an opportunity to enter.
That's why you need to know from where BankNifty might bounce back. So, I draw key diagonal Support and Resistance level.
Wait for these levels and when price rejects this price level, you may get an opportunity to make money.
Happy Trading!
Nifty50: Key Support and Resistance LevelNifty50 is in strong uptrend and my personal view on Nifty is bullish medium to long-term.
However, you can expect correction soon. So, for swing traders and investors correction may provide you an opportunity to enter.
That's why you need to know from where Nifty50 might bounce back. So, I draw key diagonal Support and Resistance level.
Wait for these levels and when price rejects this price level, you may get an opportunity to make money.
Happy Trading!
ASRI Kemungkinan Masih SidewayKemungkinan harga ASRI Akan Naik Masih memungkinkan Dan juga Masih memungkinkan untuk jatuh lebih dalam lagi..
Sekarang harga di area sideway..
Kalau zona supply berhasil ditembus biasanya harga retrace dulu untuk melanjutkan kenaikan nya.. begitu juga dengan kalau berhasil break zona demand..
Wait and see
CAD JPY WILL LOOKING FOR DEMAND If we look at the trend chanel in the H4 TF the price stop at the lowest trend line channel.
But if we look at H1 TF the price start preform the triangle and as we see price start to make a bearish movement .
To confirm the price bearish . Wait for breakout and wait for price to make retacement back ate the support zone or the lower trend line
To double confirm the price will make bearish movement . Check th momentum of the price and wait for pin bar or engulfing candle or any candle that show the price movement.
EURUSD Long Opportunity Short-Term to Mid TermEURUSD gives breakout and also retested the broken trend line. The pattern suggest, it might go up. Moreover, it is also trading above 200 EMA
RKT analysis expecting it to come down to the lower 18's collect the last bit of liquidity before going on a nice run to the mid 20's at a minimum.
AAL Long Should come back to test the 15.66 support which I think will hold before it goes for the 20's.
eurnzd buy on long run - Need reviews (newbie)I see a trend line moving upwards with a testing, all looks that is going up.
My first analysis using support, resistance line and trend area, quit using indicators and moving to understand and improve my price action style, I would appreciate a help out of what im doing wrong or if im going in the right way!
ps: im complementing my analysis with the ema 20, 50 and 100.
Thank you guys and good trades!! :D
Bandusdt super bullish$$According to chart band usdt can easily touch 10.50$ in coming days. Also good risk reward for traders
Why Rising For Gold Is A Must ?In price action view : Simple long term Chart of Gold Indicates the completion of the cup and handle pattern , Which does not need further explanation .
In the Fundamental view ( which is more important reason than the others ) : I think its better for Gold If the story of the corona vaccine To be completed as soon as possible , corona force the Economies to reduce their interest rate to near zero or even below zero ,
and lower interest rate reduces the value of money , Low value money causes inflation in goods And the governments must raise interest rates to prevent this ( after the corona vaccine is finalized ) , and its not a good news for stocks and bond , So the investors must hedge their portfolio with commodities to prevent loss so which commodities is the best for hedging ? of course the gold is number 1 commodities ,
so soon or late we must expect Increasing demand for gold which is Cause price moves to higher level .
Short scenariosEntry on 50% level/ liquidity wick: this is a limit order trade low risk or enter manually on the 1m chart
Entry on the 1hr zone: this is a manual trade wait for the pullbacks indicating a reversal
(Enter on fake outs)
CRVUSDT Double Bottom| 200 MA| Daily S/R| Price Action Evening Traders,
Today’s analysis – CRVUSDT- establishing a confirmed trend change from is local double bottom, further upside probable.
Points to consider,
- Price Action Bullish
- Daily S/R Support
- .50 Fibonacci/ 200 MA ( lower high region)
- RSI Bullish Control Zone
- Volume Influxes
CRVUSDT’s immediate price action is bullish above Daily S/R, establishing a new swing high; this allows us to have a bullish bias.
The Daily SR is immediate support, breaking this below will allow for a deeper pullback, establishing a potential trend higher low.
The .50 Fibonacci zone is a crucial level to maintain, the current 200 MA is coming in as dynamic support. Price action respecting these levels will maintain a bullish market structure.
The Volume profile is currently above average, indicative of a true trend change as bull volume follow through is present.
Overall, in my opinion, CRVUSDT is a valid long with define risk; price action is to be used upon discretion/ management.
Hope this analysis helps!
Thank you for following my work
And remember,
“Hope is bogus emotion that only costs you money.” – Jim Cramer
AFT Pharma Trading at Support Level BUY OPPORTUNITY NOWThis is a simple support & resistance analysis of this stocks current price level. The stock is at a price level which can be said as a good established support level, the last time the stock was here it was almost 3 months ago and it made good gains after touching this level. If anyone beleives there are other reasons for why this stock will continue to fall below support, please comment ASAP! Im going long on this one now...
EURGBP BUY Previous video talks about my analysis on the trade lets see how it plays out , happy trading :)
Please like and comment it pushes me to keep creating content on pairs and my bias on it :)
-This is merely MY outlook and not advice on what YOU should do just my opinion on what I see
nifty 50 , 13 nov 2020, 15 min little correction in a uptrend and nifty is at all time high , beware of correction vs trend reversal
