51466-51647 Levels are very important for BankNifty to sustain. If it break above these levels, then a new all time high can be seen in Sep month. Mostly likely, BankNifty could fall from here to be bearish again and break 49,815 levels. This level is a pure selling level above the fair value gap that was created on 5th Aug.
TITAGARH is a stock that is known to never fall much. But in the current scenario, a lot of long term investors are trapped and a lot of panic selling is seen in this stock. In my view, it may get a rebound from 1154-1219 levels once again. This level is the place where last heavy buying was observed last which created a big fair value gap in the price.
Smart money trapped the retailers and its very clearly visible that BTCUSDT is falling from above the fair value it created last time it caused a breakdown. From the charts, its visible that BTCUSDT may break 49000 mark again.
Essential and robust reasons for a bullish move: 1-RATE CUTS are coming soon! Everyone knows it, but big players want you to be a SELLER! ( THEY BUY). 2. The COT date confirms this! (Commercials are BUYERS! While non-commercials (poor trapped traders) are sellers). 3. Many strong support lines, levels, and patterns push the price up. ( Head and shoulder, two...
On 4h TF I think FXS hardly to breakout the resistance for this time Liquidity can happen, that's potential short with high risk Wait for next move
the chart is that of the 1 day vix abc rally is forming in VIX this would see the setup to under 12 PANIC CYCLE DECLINES 8 TO 13 TD . SEE XLU 13 DAYS
Based on the weekly market structure the following statements can be made: - Following the previous 3 week's trend, we are looking at a classic market maker dump&pump scheme. 1) price is dropping on Monday and thuesday. 2) On Wednesday price normally makes a fakeout to the downside, trapping breakout traders 3) Market makers pump prices to the opposite...
Following up on my idea yesterday Look at that~! Set up was BEAUTIFUL yesterday with shorts and bears over extended. And where do they find liquidity after the highs are broken? Nowhere but above 4011.
My prediction is that price will reverse upward from these lower levels. I've added an element in my algo to detect where price doesn't go in a given day. From backtesting and spending hours analyzing across multiple pairs, I can confidently say that price usually fulfills a set range before extending to lower or higher price levels. When it doesn't fulfill those...
Weird day today with NYSE VOLD up all day while NASDAQ VOLDQ down all day. Clearly shown by the big range indecision movements. Key level to watch for a potentially huge bull run - $4011 area, a breakout could trigger a significant bull run and catch shorts off-guard Any thoughts? $SPY $SPX $ES $QQQ $NAS $NQ
I see a lot of accumulated volume underneath large timeframe breakout levels.There are weekly breakouts,monthly,and the year being pushed down. Sellers are chasing it down and it has already broken past my first 2 levels. In the coming days or weeks, I'm looking for price to hit the rest of my levels before reversing to hit the chasers and breakouts. FX:AUDUSD
We're currently well above the VAH (blue dotted line). BTC has failed multiple times to break through the top of the horizontal channel. These are signs of weakness. What's more, on the above image, you can see a wick above the channel on high volume, which means a lot of longs have opened at the top. Right after, we see a rejection on high volume. This means...
When trading most of us entry our trades TOO EARLY. Ofcouse we don't want to miss the opportunity to make money. This is one of us basic fear and its called "fear of missing out" Everybody knows this fear but we still feel it. And it is not just trading. You feel it when your friends go out and they did not invite so you feel miserable and left out. So its natural...
It can be tough sometimes to play ER, but I commend those who have the nerves to consistently play ER's. We know prices can go either way when dealing with earnings. A company can beat on ER and gap down, a company can miss on earnings & gap up. Sometimes it feels like playing the lottery with ER plays. There are some things you can notate before you play an...
The impulse breakout from the morning announcement has a bullish imbalance within it. As soon as the imbalance is filled on the footprint, we can proceed to buy into the trapped buyer zone. Updates to follow Alkalites! Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬 🚨 RISK DISCLAIMER: Trading Crypto,...
Do not rush Bitcoin is still in the downtrend channel. There will be better times for long-term entry. In the daily time frame, the market trend may be positive for a few days. But keep in mind that the overall market trend is currently declining and Bitcoin and the market as a whole are trapped
Let the image speak for yourself... ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ If you enjoyed this post and agree with me, a like and a sub would be very nice : ) If you have any other ideas or simply disagree,...
let's try to be the trap some traders on 1INCH, we could try to enter below the last two relative lows where lots of traders have their stops. In that spot we are facing also a pretty cool demand zone so I am expecting some serious reaction, the risk-reward 1:5 is nice and it's worth a try