TSLA - Solid Bullish Divergence TSLA has been a solid short but I have a hard time believing that this stock is down for the count. Apparently I am not the only person who is thinking this way because in spite of the downside price action, the RSI (Relative Strength Index) is indicating that sentiment is overall bullish still and price should reflect it in the short term. I don’t know if I feel super bullish with the macro outlook but as far as expecting a decent bounce out of TSLA in the short term- probability points to more likely than not- upside price action in the short term.
Tradershedge
Buyers and sellers face each otherSPDR Gold Trust, the world's largest gold exchange-traded fund (ETF), net bought 1.8 tons of gold on May 5. In two consecutive sessions, the fund net bought a total of 5.5 tons of gold. The gold volume of this fund holds up to 931.8 tons.
I will activate the buy breakout strategy when it breaks out of the 2032 zone and closes the candle above it
Next I will activate the sell strategy at 2045, 2048
Sell Gold 2045-2048
Stoploss 2054
Take profit 1: 2040
Take profit 2: 2035
Take profit 3: 2020
Bank Nifty trade setup for 15 DEC 2022 Expiry dayBank Nifty trade setup for 15 DEC 2022 Expiry day
Bank Nifty is expected to open gap down around 43950 levels.
The first Support for Bank Nifty looks to be around 43950 levels. In case of that support getting compromised we can expect next lower supports as marked on the chart getting tested out.
Any buy interest around these supports can be traded for quick scalp to above resistances as marked.
I would prefer to short Bank Nifty around PDL in case of bearish reversal triggers on opening for a quick scalp to the supports lower.
Buyers will dominate only if Previous day closing is taken on upside then we can expect to sit for Previous day high as a target.
In case if 43950 levels sustains and gives a buy trigger then possibly it will test again PDL and would be in a range & would expect some moves in the last session of the day.
Nifty Trade setup for Expiry day 15 DEC 2022Nifty is expected to open gap down.
The first Support for Nifty looks to be around 18600 levels. In case of that support getting compromised we can expect next lower supports as marked on the chart getting tested out.
Any buy interest around these supports can be traded for quick scalp to above resistances as marked.
I would prefer to short Nifty in case of bearish reversal triggers from Previous closing price levels in the opening.
Buyers will dominate only if Previous day closing is taken on upside then we can expect to sit for Previous day high as a target.
Nifty anticipated expiry move trade planIn case of Nifty if you are holding buy trigger from the buyzone trial tight with target as above intermediate sell zone and break out of the zones on either side we can see some moves. Any sell triggers at above marked sell zone with confirmation can expect possible test of day low that would be a good trade if we get opportunity.
Bank Nifty trade possible for expiryAfter the first move BN remained in the range and now breakout of these zones we can anticipate some trades. If above marked resistance is taken out we can possibly expect day high but it will be very slow movement i feel, if break down of PDH then we can see get a good short trade.
GBPUSD- BULLISH AND BEARISH SETUPGBPUSD
Orderflow- Bearish
- Price retracing for deep pullback to grab some internal liquidity structure with a Bull bias for short term BUY
- Market manipulation
Price left with imbalance in price disagreement with buyers this brings back the setup for the Bears to take charge of the market again
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