Price-action
EURUSD Decision zoneWe're approaching a strong level of structure on the EURUSD, and it'll be nice to see how the market reacts to this level.
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GBPJPY SituationMarket has successfully run into a daily level of structure (previous support) and if the level holds, we might possibly see it become resistance for further push to the downside.
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nzdusd short then longprice hits that 38.2 today and sendsa reversal back to the 78.2 level by tommorow watch out
DAX 30 BuyWe are definitely in a bull market! For this week , I expect price to push up to the July high of 13283.70. These are some possible routes it will take to get there:
Scenario 1 -Red arrow
Price shoots up in the early hours of Monday, reaching the August high level of 13103 . Finding resistance ,it will bounce down to the 1300 level which is a significant psychological level (Price already tested this level on the 9th of October and failed to break through) before starting to make a greater push upwards .Once the Aug level of 13103 is broken, price will go unchecked until it reaches 13200 which is another physiological resistance level.
Scenario 2 -Green Arrow
Right off the bet price breaks the resistance at 13103 and pushes up until it finds resistance at 13200 , causing it to fall back to the Aug high level 13103 which then becomes support resulting in a greater push to the upside until price reaches the July high level of 13283.
Scenario 3-Puple Arrow
Price shoots up to the Aug level in early hours of trading but begins to go down by London open, only finding support at the June high level of 12943.53 and then starting a run for the July high level of 12943 with possible resistance at the 13200 level.
Supply & Demand Zone: BankNifty at Critical LevelBanknifty at critical level and it has retraces from fibo level 61.80%.
Trade when the market structure breaks.
Bearish Sign S&P 500 E-Mini Futures: Rising Wedge in DowntrendS&P 500 E-Mini Futures is forming rising wedge like patterns which is a bearish sign.
If the below trendline of the Wedge pattern breaks, then you might consider it may go down.
Gold: Opportunity To Ride Trend [Flag Pattern]Opportunity to buy Gold as in the chart, I can see Bullish Flag or Falling Wedge pattern.
This patterns are trend continuation patterns.
So, go ahead and grab some gooooold......
If price breaks the upper downward trend line, then buy Gold and sit tight.
Moreover, I am expecting market may crash soon and so, I strongly believe Gold is likely to shine.
USDCHF Price Action Indicator signalsOur indicator tells us a short entry on USDCHF.
We see a bearish channel
which acts as resistance and support.
We see a retest on the upper part of the channel, so we go short
EURAUD Price Action Indicator signals Our indicator signals a short entry on EURAD.
We see a bearish channel that has been broken, a small bearish momentum and a trace back to the trendline retest.
We place a short hanging order and let the movement resume
eurusd: simple 1hr consolidation bullish breakout.Price consolidates after breaking out an uptrend channel and breaks out from the consolidation and retest the resistance above the consolidation.
XAUUSD Price Action Indicator signalsOur indicator signals a Long entry on XAUUSD.
We see a bearish trend that broke the trendline that served as a resistance, followed by a bullish impulse, we await a retest on the support which coincides with our ENTRY at 1875.45.
XAGUSD - Price Action Indicator SignalOur indicator signals a Long entry on XAGUSD.
We await a possible support retest with an entry at 23,359.
Creating a double bottom on the support and the continuation of the uptrend.
Buy AST - Strong Accumulation - Low Risk Entry based on PriceBuy AST - Strong Accumulation - Low Risk Entry based on Price
S&P 500 Shorting Opportunity Short-TermShorting Opportunity in S&P 500 if price rejects the red downward trendline.
Even, price is also at 23.60% fibo retracement level which might act as resistance.
If S&P open below red downward trendline and green upward trendline, then adopt shorting strategy.
USDCHF - Price Action Indicator signalsOur indicator signals us a Long entry on USDCHF.
We see a bullish channel where the price is about to touch the support trendline.
We can go right in.
BankNifty Strong Bearish SignBankNifty looks strongly bearish and 19500 is likely to test soon.
Trend is down from daily time frame to 1 minute. So, I will wait for pullback just to enter a short trade unless it breaks blue trendline.
For the time being, 21000 is the crucial resistance level and 19500 will act as support.
Check out the Blue downward trendline which may act as resistance and Red upward trendline and Black horizontal Line may act as a support level.
However, I strongly believe that 19500 will break and more pain is there.
