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Ichimoku_trader

BANK NIFTYHello and welcome to this analysis Bank Nifty has activated a Bearish Harmonic Bat in daily time frame. The anticipated retracement levels are 38-50-62% of the upmove. The view would be negated if it sustains above 41530. As per Ichimoku Time and Wave Theory also we have a turn date activated. Until it sustains below 41530 it would remain weak. In case it breaks on the upside then the low of Friday October 28 would be considered as a stop loss for longs
NSE:BANKNIFTYShort
by Dinesh_C_Nagpal
3
SPX500 ready for for new lows?Evening traders. Ive been watching the spx500 for quite sometime now. If you look and my chart the price has bounced off the trend line quite a few times. I was expecting to see price move in between both trendlines, squeeze and push either upwards or downwards. As per my strategy my sell signals have triggered which are all highlighted in red. RED cloud formed. crossover. lagging span broke the cloud and price closed below cloud. However as you can see the highlighted yellow area the market has been volatile and could take an unsuspected upwards move. It could be a trap to trigger positions, push back to the lower trendline or even hit the cloud again and then hit lows at 3639 - 3548. I am following my strategy though and I will be placing a trade in the next few days. As always trade safe cheers
OANDA:SPX500USDShort
by Shealy
SPX500USD new lows? Evening folks. Ive been looking at these charts for a few weeks now and it looks like we are setting up to hit previous lows or possible new lows. As you can see we have bounced of the resistance trend line which seems to be a pretty strong resistance. We've had price break below the cloud which is part of my ichimoku strategy. What im waiting for are the red cloud to appear and the lagging span to break the cloud and we have a trade on our hands. You can also see we have long wicks above the bodies of the previous daily candles which suggests that the buyers are losing control and bears are gaining strength. I think we could see prices reach 3650 or break just below it, have a small reversal then head lower to perhaps 3500 area. Its been a pretty volatile market though so trade safe and trade smart. cheers shaun
OANDA:SPX500USD
by Shealy
💡Don't miss the great Sell opportunity in XAUUSDHi Dears The monthly and weekly trend of gold tells us that we are currently in a downward trend. In the 4-hour chart, we have a big resistance that gold has not been able to break, so we expect it to continue falling. I calculated the gold target from the monthly trend line, which of course is confirmed by the 1.13 Fibonacci area. If you like my analysis, please support me with your likes and comments. Don't forget to follow, friend
OANDA:XAUUSDShort
by hamidreza_FX
8