USDJPY Medium cycle the USDJPY is in a bearish channel.
its touched the channel line and it can fall more.
i think its will touch 155.78-155.434 price.
but DXY didn't confirm that.
because the DXY trend is vague.
but i think the bearish scenarios is stronger.
anyway trade is risky now i suggest wait for tiger .
Its just my personal comment please don't trade whit this.
I have no responsibility for your money.
Priceaciton
Review and plan for 30th April 2024 Nifty future and banknifty future analysis and intraday plan for stocks in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Reversal Broadening Wedge pattern in BATABATA INDIA LTD
Key highlights: 💡⚡
📈 On 1Day Time Frame Stock Showing Reversal of Broadening Wedge Pattern.
📈 It can give movement upto the Reversal Final target of Above 1645+.
📈 There have chances of breakout of Resistance level too.
📈 After breakout of Resistance level this stock can gives strong upside rally upto Above 1830+.
📈 Can Go Long in this stock by placing a stop loss Below 1378-.
Bullish Flag Pattern Reversal in ZEELZEE ENTERTAINMENT ENTERPRISES LTD
Key highlights: 💡⚡
📊On 1Day Time Frame Stock Showing Reversal of Bullish Flag Pattern.
📊 It can give movement upto the Reversal target of Above 275+.
📊There have chances of Breakout of Resistance level too.
📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 390+.
📊 Can Go Short in this stock by placing stop loss below 240- or last swing Low.
NIFTY STUDY (Trend Reversal?)After showing a trend of Lower Lows & Lower Highs market recently showed a trend of Higher Lows & Higher Highs.
So if the marker breaks the previous swing low, we can expect trend reversal.
If this happens we can look for sell on rise.
COMMENT YOUR VIEWS
Disclaimer: Above is for educational purposes and not buy/sell advice.
SEBI Unregistered
DXY (USD Index) 4hour Analysis August 21st, 2022 DXY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Looking very bullish on DXY after last weeks’ massive rally.
Currently price action is just above our 107.600 zone and very extended. The likely scenario is that DXY will rally toward a new high near 109.000 before reversing.
We have to wait for structure so we can identify the strength of the trend. look for higher lows near 107.6000 after a new HH is established.
Trade scenario 2: No scenarios suggest bearish momentum at the moment. We will have to see how price action reacts at these highs first.
Luna Bearish PatternHi Guys!
Luna is in a bearish pattern. now its going to support line to 76's
After that its going to huge drop to 49.. Thats a good chance for short.. be patient... and be careful..
AUDCAD: Oversold Market & Pullback 🇦🇺🇨🇦
AUDCAD looks very oversold.
After the price was coiling within a falling wedge pattern,
it broke and closed its resistance on an hourly time frame.
Now the price may bounce to 0.9115 level.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
CRUDE OIL (WTI) Important Structure to Watch 🛢
Hey traders,
Crude oil is very close to a major rising trend line on a daily.
From that we will look for buying opportunities.
To buy with a confirmation watch a bullish flag pattern on 4H time frame.
Your trigger to buy will be its bullish breakout.
Then buy aggressively or on a retest.
Local targets will be: 108.0 / 114.3
If the price breaks a trend line to the downside,
the setup will be invalid and then the market may drop lower.
❤️Please, support this idea with like and comment!❤️
AUDJPY 4hour Analysis February 27th, 2022AUDJPY Bullish idea
Weekly Trend: Bearish
Daily Trend: Bullish
4Hour Trend: Ranging
Trade scenario 1: Recently we have seen AJ turn bullish but since price action met resistance near 83.250 we have been seeing some high volume ranging.
Ideally, we can continue bullish and see price action confirm structure with a higher low above 83.250.
Trade scenario 2: If we spot a bearish break of the range we need to wait for a lower high below 82.600 before entering short.
HOPEFULLY BULLS WILL STRIKE IN AND HIT MY TARGET.The first question i always ask myself is "who is in control of price?" that way i can analyze my trrading from a price action point of view.
So, who is in control of price on this one? First we have a bearish trend followed by a tiny pull back and then an indecision candle which tells us that the bearish power might transitioning to the bulls. Of course i might be wrong, but that is why i keep my Risk/Reward a 2:1 minimum, that way i only have to be right 40% of the time in order to be profitable.
"Trading is not about being right most of the time, its about being profitable" - Anonymous
Trading Details:
Time Frame: 8hr
Entry: Above the high of the indecision candle
Stop loss: A few pips below the Indecision Candle
Risk/Reward: 2:1
Account Risk: 2%
Bears or Bulls? The first pillar of using patterns is recognizing the types of breakouts. And the first pillar of using Fibonacci retracement is knowing the range of the Market. Fibonacci can't be used in every wave; First, you should know the price range, and then draw the Fibonacci retracement. In this chart, We have Drop-Base-Drop(DBD) after the breakout, and the golden zone is in the 50-61.8 levels of the Fibonacci. Good luck.