NASDAQ Hit ResistanceAfter extremely negative week for USD we have witnessed a spike of more than 1000 points for Nasdaq. Right now the asset reached the resistance and is ready to fall. We go with risk reward 1:3
Ichimoku_trader
AUDCHF Reached ResistanceThe pair reached the resistance and is ready for the decline with multiple targets: 0.6385 / 0.6335 / 0.6283 with risk reward 1:3. Good luck to all
RAY - Short Term BreakoutRay has broken out the descending trendline with strong volume on the 1H timeframe and its trading in bullish pattern vs ichimoku cloud.
Possible long set-up here:
BUY CMP and $0.26
TP: $0.299-0.315-0.33-0.352
SL: $0.25
Use low balance
us30 bull move evening traders. Trading has been choppy recently with these current markets but is the us30 heading for a bull rally? We have 3 signals in the ichimoku trading strategy triggered, base line and conversion line crossover, green cloud and lagging span above the cloud. Price has also broken the downward trend line and if we close above then we could be seeing a bull rally. Rally targets we would be looking at I would say are 34300 and 35500.
We're still below the cloud on the weekly so it could be a false break and a trap, its hard to dictate in these market conditions.
Trade safe traders.
cheers
shaun.
S&PHello and Welcome to this analysis
Post FED rate hike last night, S&P declined sharply and is now near a strong support in daily and hourly time frame.
This level of 3675-2725 could work as a good support for now.
Bounce for 3800-3850 or reversal till 4000-4050 likely if held
EURUSD Time to buy?We can see 6 consecutive bearish days of the pair in a total of 330 pips downtrend. But watching a bigger picture we can see the pair right now is in an uptrend and is located on the support level and is ready for the pivot point. We go with risk reward 1:4, good luck to all of you. Don't forget to help others and share it with them.
US Dollar Index HIT SupportNFP was extremely positive, but unfortunately, the market react the other way around. With the US Market opening, I expect the NFP data react positively to USDX.
Breakout of US Dollar Index We can see a breakout of the resistance (Fibonacci level) Upcoming downtrend for US Indices & Gold is loading
Dow Jones - Time to sell ?Dow Jones (US30) reached the resistance and is ready to go down. We will go with Risk Reward - 1:6.
Based on my latest US Dollar Index analysis which is ready with the breakout and is waiting to go long.
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
Gold bearish trend is ready againFrom my last analysis, we manage to catch the $55 Movement with risk reward 1:3. Now we will apply the same risk-reward ratio. Based on the Fibonacci & Ichimoku cloud we can clearly see the resistance level at $1660. Don't miss another golden opportunity. Share the idea with all your friends!
AUD/USD SELLBased on the latest bullish USDX analysis, on top of that, the price couldn't brake the Ichimoku cloud and we are witnessing a decline in price and another bearish trend.
Gold continue the bearish trendAfter my latest analysis of the US Dollar Index, I expect the bearish GOLD trend to continue NOW! Once the gold reaches the key level (current resistance) trend will start. Risk - Reward 1:5, Good luck!
Ichimoku cloud won't break!We have only touched the bottom of this cloud 4 times now in almost 12 years. Everytime we do, it means something huge for ole' BTC. First two times it indicated approx. 30x gainz. Second time, 20x. Third time 10x?
We shall see folks. Buckle up cuz' either way I smell something big!
Stew
MICROSOFTHello and welcome to this analysis
Microsoft like TESLA (link below) is also a breakdown stock in the monthly time frame. However, in the short term its better placed.
In the weekly time frame its activated a bullish harmonic abcd that is suggesting a bounce back to $ 260-270 from there the next round of selling would like resume for $ 200-$175.
This one too is a short term buy, rather sell on rise
CANFIN HOMESHello and welcome to this analysis
The stock had a very sharp decline in September due to management reshuffle.
It is now showing a reversal from a strong base area.
Short term Ichimoku is indicating a possibility of 530 and 560 if it holds above 490
Good risk reward set up at current juncture.
SP500 : max pressure After the last announcements from the FED, prices are going back on medium term supports.
A break of one of these levels open the door to a larger corrective period : first target at 3,618$ and second target at 3,494$ .
The downtrend is confirmed by strong volumes. Without any good news, beware of bears !
Cheers
OIL INDIA LTDHello and welcome to this analysis
Oil India in the daily time frame after activating a Bullish Harmonic ABCD completed a 38% Fibonacci retracement. In the process it activated an Ichimoku C Clamp in the weekly time frame.
Stock could be accumulated between 180-190 for 210 (short term) 240 (medium term) and 350 (long term)
View would be invalid below 170
Happy Investing
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
BATUSDTWill the trend continue?
Will it touch the wave 5 targets (blue boxes) in the medium term?
Just an analysis that can easily be wrong.
VEDANTAHello and welcome to this analysis
VEDL has given a Bullish Harmonic Sea Horse breakout indicating a target near 415-425 with a stop loss at 255. It could be accumulated between 325-285 with a stop loss at 255.
Medium term bullish structure with a good risk reward set up
Happy Investing
ENJUSDTIn a period of several months, we will see a further fall in the price in the form of wave 5
Just a personal analysis and opinion that can easily be wrong
BIOCONHello and welcome to this analysis
BIOCON which has been in a downtrend for a very long time now has given a mega reversal signal via an ABANDONED BABY BOTTOM
Abandoned Baby Bottom reversal are similar to Island Reversals, where the isolated candle is formed with a gap down preceding it and a gap up succeeding it.
This could now rally till 320-340 where it meets falling trend line resistance. The structure would be considered wrong if it breaks 298
