USDJPY BUY | Day Trading AnalysisHello Traders, here is the full analysis.
Watch strong action at the current levels for BUY. GOOD LUCK! Great BUY opportunity USDJPY
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ICICIGI Up Move ExpectedIn ICICIGI an up move is expected till 1650. This stock has given a strong breakout and the breakout is also backed by huge volume. This stock can give you a return of around 195 point which is around 13.42 from 1454.85 and also a Risk to Reward Ratio of 1:4.42. You can definitely go for it but only after considering the risk first.
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Walmart: Almost there 🏁Over the past few trading days, the Walmart stock has continued along its path toward our magenta Target Zone (between $164.10 and $170.42), steadily recovering from the drastic sell-offs that happened in mid-November last year. Our Target Zone should now be reached soon, and we expect wave (2) to conclude there, which is why our Zone presents an opportunity to open short positions. Those who open short trades should consider the possibility (33%) of our alternative scenario, though: it calls for the dark green wave alt.(B) to head much higher, even above $173.08.
The only question now is, "Where too?"We can now see a clear break to the downside. Price has broken down and and lost trend support.
Yesterday we saw price break out of consolidation to the downside. Earlier we had a retest and a strong rejection off the consolidation block verifying the sell.
Areas of interest are 38k and 32k I'm still sticking to my previous post with the 32k level being my level of interest. That level I feel needs to be tested as support before the next bull run.
Please free to comment or drop your ideas
XAUUSD 1HI think the price may go up and market continues to resistance-liquidity zone at 2048.8-2050. I LOOK for a test of the resistance and more downward moves because the trend on the daily timeframe is bearish . I expect a fake breakout of the rang zone to grab liquidity above, than continue trending downward.
My goal is the support liquidity zone at 2004.4
Gold manages to grow on the background of the growing dollar index. Today there is no news that can somehow change the direction. Technical.
#NIFTY Intraday Support and Resistance Levels -19/01/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 21500 level and then possible upside rally up to 21620 level in today's session. in case nifty trades below 21450 level then the downside target can go up to the 21330 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(19/01/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 45550 level then possible upside rally of 400-500 points upto 45950 level & this rally can extend another 400 points if market gives breakout 46050 level.Any Major downside only expected in case banknifty starts trading below 45450 level.
Zscaler: Knock, Knock… ✊The Zscaler share is currently trying to establish itself above the $227.29 mark. According to our primary expectation, it should succeed in doing so and should travel a good bit further before it discards the high of the turquoise wave 3. However, there is also a 30% probable alternative, which comes into force in the event of an imminent fall below $206.67. In this case, the price would already be working on the turquoise wave alt. 4.
EURUSD Pullback To Previous Support BreakHi Traders!
EURUSD has found support and is targeting the previous breakout level for a re-test ahead of ECB President Lagarde's speech.
Here are the details:
The market has found strong support at the 1.08555 level, and the price action looks bullish; the lows and highs are starting to get higher, and the price is pulling back near the previous support break at 1.09102, which is now resistance. Additionally, the market is pulling closer to the 20 EMA.
The plan here is to enter near the support level around 1.80555 and target exits near 1.09102.
Preferred Direction: Buy
Technical Indicators: 20 EMA
Resistance: 1.09102
Support: 1.08555
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[INTRADAY] #BANKNIFTY PE & CE Levels(18/01/2024) Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 45950 level then possible downside rally of 400-500 points upto 45550 Level in todays session.Any Major upside only expected in case banknifty starts trading above 46050 level to 46450 level.
Fantom: Recovery? 🩹The Fantom price has managed to slow down its decline a little. Our primary expectation is that it should recover soon and continue its rise. After all, the magenta-colored wave (3) the coin is currently working on should continue well above the $0.65 resistance level. Only the 35% probable alternative would see a different course. It considers the upward swing that the price has made since October as merely part of the substructure of the magenta-colored wave alt. (2) and would require a drop below the support at $0.16 before this move is completed.
[INTRADAY] #BANKNIFTY PE & CE Levels(17/01/2024) Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 47950 level then possible downside rally of 400-500 points upto 47550 Level in todays session.Any Major upside only expected in case banknifty starts trading above 48050 level to 48450 level.
Tesla: It's time to turn around🔄Tesla has fallen sharply in recent days and has now reached more or less the levels at which we expect the low of the blue wave (ii). Accordingly, our primary expectation is that the price will soon reverse and continue to rise - we expect it to rise above the $258.74 mark. Only the 35% probable alternative would shift this reversal into the future. This scenario comes into effect on a drop below $193.81 and still sees the price in the magenta wave alt. (ii).
BSE still has potential upside?After a fantastic run in a short period, BSE has been consolidating between the range of 2200-2300. In the last trading session's close, the price has taken support at the crucial level of 78.6% retracement. A high above today's close with volume support can take the stock back to its previous high of 2582
Entry - 2320
Stop Loss - 2210
Target - 2580
USDJPY Approaching The 150 LevelHi Traders!
USDJPY is approaching the 150.00 psychological level for the first time this year as the US dollar's strength continues.
Here are the details:
The trendline support on the 1W timeframe has held perfectly, and the market swings with higer highs and higher lows continues. The market has also broken above the 20 EMA this week, and we are looking for a close above it to continue the bullish momentum.
The plan here is to buy dips near the 20 EMA if possible to target the 150.000 psychological level.
Preferred Direction: Buy
Technical Indicators: 20 EMA
Resistance 1: 150.000
Resistance 2: 151.946
Support: 143.424
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BluetonaFX
Support @32k?BTC is doing some crazy stuff. ETF price seemed to be factored into price already. As much as i wanna be bullish on BTC, Im still being cautious. This level is still being tested as resistance and we can see the consolidation under it 32k looks to be untested as support.
Feel free to coment or leave your thoughts
USDCAD Approaching Monthly HighHi Traders!
USDCAD is approaching its monthly high, and there are opportunities for long entries to target the monthly high.
Here are the details:
The first resistance at 1.34146 (which will now act as support) has just been broken, and the next targert looks to be the second resistance at 1.34430, which is also the monthly high.
We are looking for 1.34146 to hold as the new support. The plan here is to buy dips around this level to target levels near 1.34430. As 1.34430 is the monthly high, there is likely to be strong selling pressure at this level.
Preferred Direction: Buy
Technical Indicators: 20 EMA
Resistance (MONTHLY HIGH): 1.34430
Support 1 (PREVIOUS RESISTANCE 1): 1.34146
Support 2: 1.33433
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
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BluetonaFX
Bitcoin: Close Call 🤏Because of Friday’s sharp sell-off, we now consider it to be 45% likely that Bitcoin will reach our turquoise Target Zone between $40 323 and $35 374, after all, to establish the low of wave alt. (iv) in turquoise. For this alternative scenario, the support at $41 445 acts as a validation mark, which means that if the price slips significantly below this mark, we would make this scenario the new primary expectation. In this case, the Target Zone described can be used to build up (further long) positions. However, the price remains above the support level of $41 445 – and our primary expectation remains unchanged. In this scenario, we see Bitcoin imminently generating momentum to the upside again to drive the wave (v) in turquoise – which is already underway in this scenario - further north and thus ultimately bring the higher-level wave 3 in green to a close.
GBPJPY Reversal TrendWe can see the completion of a rising wedge which is the reversal chart pattern, it giving us a selling chance after breaking below the trend line and retest it again. A lot of Market liquidity for short positions with the aim of pushing the price down to the resistance zone around 170.275 - 170.00
#Bitcoin bearish breakout of very important trendline
We can clearly see in this chart that the price has reached the upper boundary of a bullish channel, where it would encounter selling pressure.
As a result of this selling pressure, the price on Friday, January 12th, formed a bearish impulsive candle. Following this candle, it managed to break below the short-term bullish trendline that the price had respected in the last few months.
The bearish breakout of this trendline is a second signal, after the rejection from the bullish channel, that we might see further bearish movement in Bitcoin.
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⤴️⤴️AUDUSD) bullish market sentiment analysis)Hello trader’s what do you think about Audusd)?
Audusd 4H tame frame 🖼️ bullish momentum in market sentiment and Trendlinien. I think 💭 Audusd retest support levels fullback up ⬆️
Entry 0.66627
Target 0.67906
Target 0.68819
safe trade 🙏🙏🩵❤️ pales like 👍🏻 and comments)
Falling Wedge pattern breakout in NIFTY 50NIFTY 50 INDEX
Key highlights: 💡⚡
✅On 15 MIN Time Frame Stock Showing Breakout of Falling Wedge Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 22040+.
✅Can Go Long in this stock by placing a stop loss below 21700-.