Natural Gas (NATGASUSD): Key Structure Ahead!
What a bearish rally on Natural Gas.
Ahead, I spotted a key horizontal weekly demand zone.
3.48 - 3.7 area matches perfectly with a completion point of a harmonic abcd pattern.
I will expect a bullish movement from the underlined area at least to 5.0 level.
Good luck!
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Swingtrade
MFSL - Bullish Swing ReversalNSE: MFSL is closing with a bullish 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 consolidating for the past few days which is indicating demand.
One can look for a 8% to 13% 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
RAINBOW - Bullish ConsolidationNSE: RAINBOW is closing with a bullish consolidation candle on the verge of a breakout.
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 consolidating for the past few days which is indicating demand.
One can look for a 8% to 13% 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
EUR/GBP rally stalls at key high, German data in focusWe see a technical case for EUR/GBP to top out over the near-term, which could be helped if Germany deliver a soft inflation report today. The baulk of today’s economic data is from Germany, with employment data at 08:55 GMT then inflation at 13:00. UK manufacturing PMI is scheduled for 09:30, then manufacturing PMI data is then released for Canada and the US at 14:30 and 14:45 respectively.
EUR/GBP has been rising along with GBP-EUR yield differentials as traders price in a more hawkish ECB in 2023. However, the rally lost steam as it approached the October highs and produced a couple of low liquidity Doji’s below that key level. Momentum has turned lower today so we suspect an interim top has formed and prices are due to pull back towards 0.8800. Also take note that the 20-day EMA is near the monthly pivot point around 0.8760 which makes it a potential target for a deeper pullback.
TATACOMM - Spinning Top with Volume SpikeNSE: TATACOMM is closing with a spinning top candle supported with high 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 consolidating for the past few days which is indicating demand.
One can look for a 8% to 11% 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
IBULHSGFIN - Bullish Consolidation with VolumesNSE: IBULHSGFIN is closing with a strong bullish consolidation 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 consolidating for the past few days which is indicating demand.
One can look for a 8% to 11% 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
Bitcoin Scalping Signal for Day Trading🖥️ We have determined there is a 70% chance Bitcoin will RISE from our current entry point.
📉 LONG - BTC : $16,821 📉
💵 Length of trade: we are expecting BTC to hit a $250 scalp, with a high end of $300 - minimum expectation $150.
🕰️ Duration of trade: we are expecting this to occur within a couple hours of market open Tuesday. And we can see this continuing until tomorrow. We are looking to a more positive week, pending no negative news impacts on the market.
📊🖥️ INDICATOR SHOWN ON CHART : Scot Signal Indicator
Amaraja batteries Swing trade
Buy amar raja batteries at CMP
Buy 40% of capital at current levels
If comes at 549 to 543 buy 50% another
Sl at 535
Rest keep 10% for avg
Tgt 603 650
Ask your financial advisor before buying
Only for educational purposes
SMH (Semi's) Technical Support + Gap Fill + .618 Fib At $195.This is an intriguing swing trade bounce level if it hits within the next few trading days. To have 3 factors at one price level is rare and ups the probabilities of a bounce. Not a long term level, just a technical bounce level.
Note: This is not financial advice.
RBLBANK - Bullish Engulfing Reversal NSE: RBLBANK is closing with a strong bullish engulfing reversal candle.
Today's candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
One can look for a 8% to 11% 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.
Back to 0.55000?After a rejection at 0.65000 on Dec the 13th, the sellers have stepped in and for the first time since October, price has started printing new lows. Thursday saw the market break a significant trendline which price has been respecting since October. Also, for the first time since October the market has closed the week with a strong bearish candle. A strong dollar could now be the remaining factor required to fuel a drive to the south and possibly revisit the October low around 0.55000 or lower
Resistance at 1800For the 4th week Gold has attempted to break above 1800 and has yet again been met with resistance. The week started with a push to the upside which broke the 1800 psychological level on Tuesday with price reaching its peak on Wednesday around 1823. A rude awakening for the buyers followed on Thursday with a sharp turn that sent the price back below 1800 closing the week with a 3rd doji on the weekly timeframe. Should selling pressure remain at the level and we begin to see Dollar strength in the market in the near future, the short term narrative for gold may be negative.
NZDJPY: The Next Bearish Wave 🇳🇿🇯🇵
Hey traders,
NZDJPY broke and closed below a major wide demand cluster on a daily.
The broken structure 83.8 - 85.0 turned into resistance now.
It looks like the pair is quite oversold at the moment.
The market will most likely retrace to the underlined area
and a bearish wave will initiate then.
Goal will be a rising trend line, matching the last higher lows.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
NZDCAD: Classic Bearish Reversal 🇳🇿🇨🇦
NZDCAD reached a key weekly structure last week.
The price formed a double top pattern on a daily and broke its neckline then this week.
Such a setup is a classic example of a bearish reversal.
I believe that the market will drop at least to 84.2
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
NZDJPY: Bearish Continuation 🇳🇿🇯🇵
NZDJPY broke and closed below a major demand cluster:
83.8 - 85.0 area turned into resistance now.
I believe that the pair will keep falling.
Next goal for sellers - major rising trend line.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
Tesla (TSLA) Gap Fill Offers Swing Trade OpportunityTesla (TSLA) has an RSI below 30, has fallen 30% in the last month and is approaching a major technical gap fill at $137.00. This gives technical traders a potential opportunity for a swing trade long.
Note: This is not financial advice, consult your financial advisor.