XAU USDBased on my viewpoint, I'm waiting to retest that major resistance zone and take an entry.
Remember: Take some profits if the trade is going as planned and move your SL to entry.
Swingtrade
SXP LongSXP is about to break out from the wedge. We also can see Bullish Divergence.
You can place your stop-loss under 0.52.
All target are on the graph.
EUR/AUD in focus for RBA meeting and eurozone CPIWith the RBA due to meet and eurozone CPI data released tonight, EUR/AUD has caught our eye. It remains within a strong uptrend on the daily chart, although a bearish-outside day ahs slammed prices down to a 4-day low. But we’re keen on long opportunities if prices can remain above 1.6400, given the levels of technical support nearby including the 2021 high, 10/20day EMA’s and monthly pivot point. The initial target is 1.6800, a break above which brings the 1.7000 handle into focus.
XAUUSD Gold Bullish Setup Swing Trade XAUUSD is Starting to gain it's bullish strength again.
My following setup requires Gold to break clearly above the 2KUSD level.
Make a retest of it's resistance after breaking thru the structure clearly.
I reckon placing a buy limit when XAUUSD has broken thru it's resistance, as a retest will likely occur.
SL can be placed bellow demand zone or below it's lower fib level.
TP at little below it's latest highest resistance as it will be a major selling area.
- David van Delden
NZDJPY: Bulls Will Keep Pushing 🇳🇿🇯🇵
NZDJPY broke and closed above a wide horizontal supply area.
The broken structure turned into support.
The closest historical resistance that I spotted is 85.22 level.
That will be the next goal for buyers.
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ABB: SWING TRADEABB Looks good to buy above 3440
ABB Tried a downmove, but buyers are strong and pulled it upwards
We can see a sharp upmove in ABB in coming days
EURGBP: Bearish Move Will Continue🇪🇺🇬🇧
EURGBP dropped sharply on Friday.
The price broke and closed below a key daily structure support.
That violation may push the price lower.
Next goal will be 0.873 support
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Dollar Index (DXY): Waiting For Important Decision💵
Dollar Index is approaching an important zone of confluence on a daily
that is based on a falling trend line and a horizontal structure resistance.
If the price breaks and closes above them both on a daily, I will expect a bullish continuation at least to 102.7.
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COFORGE - Bullish Consolidation BreakoutNSE: COFORGE is closing with a bullish consolidation breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
EURUSD: 2 Scenarios Explained 🇪🇺🇺🇸
Important fundamentals are coming.
Watching the current state of affairs on EURUSD, I see 2 potential scenarios.
Bullish
The price keeps setting equal highs, perfectly respecting 1.1045 - 1.1095 resistance.
If the price breaks and closes above that, I will expect a bullish continuation to 1.116 level.
Bearish
The price keeps setting higher lows, respecting a rising trend line.
If the price breaks and closes below that, a bearish continuation will be expected to 1.1093 level.
Wait for a breakout, traders.
What do you expect?
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EURCAD I 120 pips in profit NEXT MOVE🔥
Welcome back! Let me know your thoughts in the comments!
** EURCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EPL - Bullish Consolidation BreakoutNSE: EPL is closing with a bullish consolidation breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
BHEL (Swing):BHEL (Swing):
A 20-30% up move is on the cards.
Note: Do your own due diligence before taking any action.
IIFL - Bullish Swing ReversalNSE: IIFL is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
SJVN (Swing):SJVN (Swing):
A 30-40% up move is on the cards.
Note: Do your own due diligence before taking any action.
MCX - Bullish Swing ReversalNSE: MCX is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
RCF (Swing):RCF (Swing):
A 20-30% up move is on the cards.
Note: Do your own due diligence before taking any action.
COCHINSHIP - Bullish Consolidation BreakoutNSE: COCHINSHIP is closing with a bullish consolidation breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
Head and Shoulders Setting Up On GBPUSDAlthough they have very strong correlation, I am now seeing a divergence between both pairs and opposing price action. A strong case for a head and shoulders is setting up as GBPUSD enters an area of supply on the daily and 4 hour chart. Once I see confirmation, I'm going short and targeting sell side liquidity and demand zones.
Happy trading,
The Meditrader
Dax Index: Breakout & Bullish Continuation
Important breakout on Dax Index.
The market broke and closed above 15600 - 15700 supply cluster,
the broken structure turned into a demand zone.
I will expect a bullish continuation from that to 16100 level.
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AUD/JPY 3-wave rally stalls at resistanceA 3-wave rally has stalled at the 200-day EMA with a bearish Pinbar. This begs the question as to whether we've seen the end of an ABC correction and the cross is to now break to new lows.
Perhaps. But over the near-term, yen strength is favoured due to sticky inflation data from Japan, rumours that the BOJ are considering tweaking their YCC band later this year and a slight risk-off tone due to concerns over tighter liquidity and the US debt ceiling.
- The bias remains bearish beneath 90.25
- Next target is around the lows near 89.00
Bank of Baroda (Swing):Bank of Baroda (Swing):
A 20-25% up move is on the cards.
Note: Do your own due diligence before taking any action.
Chennai Petro (Swing):Chennai Petro (Swing):
A 30-40% up move is on the cards.
Note: Do your own due diligence before taking any action.
