#Nifty Expiry Levels for 10-08-2023#Nifty50 Expiry Levels for 10-08-2023
> If you're following these zones then kindly follow the rules too. Risk management, Position sizing, and Rules.
> This is my perception of the market so, kindly do your analysis to get more clarity on the market.
> These levels might help you guys. As per my view, I'm sharing it with you guys.
> This is not a blueprint to happen so, kindly do your own analysis along with my view. Thank you for your SUPPORT.
Teacupstrategy
My Thoughts On GBP/AUDIn my analysis of GBP/AUD, this currency pair is BULLISH on the 1 HOUR CHART. The chart is coming from a TEA CUP pattern just completing the handle and moving upward, making higher highs and higher lows. I forecast price will move to $1.88180. In this analysis I used Chart Patterns, Elliot Wave & Fibonnaci. OANDA:GBPAUD
ETHEREUM TEACUP PATTERNNot exactly groundbreaking stuff, but ETH/USD is following a clear teacup pattern, as shown by the MA crossing. Above-average handle volume supporting my claims.
I've included a triangle pattern that might not be too reliable because there's only like one or two supports and they're pretty recent, but regardless its hard to be bearish looking at this graph.
EURCAD Teacup patternIve noticed this pattern on the daily ECAD chart,
Im looking for a retranchement into the daily imbalance of July 6th , since all other imbalaces have been filled.
the r:r is not bad at all, and worth a shot.
If price doesn't retrace that far, I would wait for either a break of the low of the pattern, or a break of the high, and then implement the teacup rules. ( size of cup is TP target, SL just below the handle. )
any thoughts or comments are welcome :)
thnx
Will Teacup Be Further Respected to Trendline?US30 moved some but is still stalling for the next big move. Not looking for anything major to happen until later this week. When it does, we'll know which way this thing is really going to go to start October off with a bang!
For now, I THINK this teacup will remain respected all the way to market structure at 26438 at least. Or show a but-ugly range back up to the monthly. Remember, I'm practicing swing trading with this pair. So the TPs may take time to hit. Let's find out:
BEAR TPS:
26724
26544
26438
26315
26106
BULL TPS:
26408
27061
27205