BANK NIFTY INTRADAY LEVELS FOR 16/01/2023BUY ABOVE - 48200
SL - 48050
TARGETS - 48440,48620,48800
SELL BELOW - 48050
SL - 48200
TARGETS - 47880,47750,47650
NO TRADE ZONE - 48050 to 48200
Previous Day High - 48250
Previous Day Low - 47880
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Intraday
USDJPY: decrease or increase in the new price week?Karina hello everyone!
The USD/JPY pair gained traction above the 145.00 mark during the early Asian session on Monday. The pair recovered despite the decline in the US Dollar. The market will likely have a quiet session amid the US bank holiday.
However, when considering technical trends and prospects:
USDJPY just broke the bullish Trendline and is in a corrective wave with betting resistance stopping the pair at 145,500.
The bears gained more advantage when the retracement exceeded the 0.5 Fibo level, showing that buying pressure has decreased a lot. If the 144,800 support level is broken, the bears will have more advantages in pushing the pair back to the 143,500 threshold.
And you, do you think USDJPY will increase or decrease in price?
EURUSD 15 Jan 2024 W3 - Intraday Analysis - US HolidayThis is my Intraday analysis on EURUSD for 15 Jan 2024 W3 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
NOTE : No much development in price since NFP (2 Weeks). Can't see suitable option within that range knowing that it's a big range. But best is always wait for the setups that you are trained on and not to force a setup in current market behavior.
4H Chart Analysis
1.
Swing Bullish
INT Bullish
Reached EQ
2.
Price made a bullish BOS and after a BOS we expect a pullback.
After mitigating the Weekly Supply zone, price started the Swing pullback phase after a bearish CHoCH.
Price reached the Swing EQ/Discount, mitigating 4H/Daily demand zones creating Bullish CHoCHs.
Still the OF is bearish within the Swing Pullback phase and the current PA is ranging, but as it's the pullback phase we would expect a Swing bullish continuation from current area or from the Swing extreme.
With the latest Bullish CHoCH, if the demand holds, we could see a Swing continuation to target the current INT High. If demand fails i would expect price continuing to the Swing extreme.
Lets wait for LTF confirmations and price development.
3.
Swing extreme demand for possible continuation to the upside.
15m Chart Analysis
1.
Swing Bullish
Internal Bullish
At Swing Extreme Low
2.
INT structure turned Bullish after mitigating the 4H demand zones and reaching the 15m Swing extreme.
The recent break (Fail to close below Swing Low) resulted with another iBOS and formed a 15m/4H Demand zone.
This demand is mitigated now and we are currently ranging.
3.
It's clear now that after NFP and CPI the market is in indecision phase and needs a catalyst to get out of the range.
For me price still Bullish until we have a Bearish Swing (Solid close below Swing Low)
I'll be waiting for more price development outside the range we are currently in.
BANK NIFTY INTRADAY LEVELS FOR 15/01/2024BUY ABOVE - 47750
SL - 47600
TARGETS - 477880,48070,48200
SELL BELOW - 47600
SL - 47750
TARGETS - 47420,47230,47000
NO TRADE ZONE - 47600 to 47750
Previous Day High - 47880
Previous Day Low - 47230
I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY LEVELS FOR 15/01/2024BUY ABOVE - 21930
SL - 21840
TARGETS - 22000,22100,22180
SELL BELOW - 21840
SL - 21930
TARGETS - 21720,21680,21590
NO TRADE ZONE - 21840 to 21930
Previous Day High - 21930
Previous Day Low - 21720
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Breakout in Nifty
Observe the last two 15 minutes candle of the nifty chart. The second last candle was an indecesive candle with huge volume than the following last candle is a green opening morubozu with a greater volume than the previous candle, formation of the both candle is a bullish engulfing pattern.
As per the previous nifty analysis for longer time frame my view was bullish,view is still intact seeing the performance of nifty in previous daily session.
As of intraday I expect a gap-up tomorrow(15/01/2024) in this case i will wait for the price action to form opportunity and to present itself, other than this in case of of sideway opening or gap-down opening it would be best to wait for a retest of 21800-830 level or a breakout above previous week high.
NSE:NIFTY
Disclaimer- Just for educational purposes.
EURUSD 12 Jan 2024 W2 - Intraday Analysis - US PPI DayThis is my Intraday analysis on EURUSD for 12 Jan 2024 W2 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
NOTE : Nothing changed much also yesterday even with CPI news. a whole ranging week and i wish we get out of that range today so we can have better opportunities next week. Wishing everyone a good weekend.
4H Chart Analysis
1.
Swing Bullish
INT Bullish
Reached EQ
2.
Price made a bullish BOS and after a BOS we expect a pullback.
After mitigating the Weekly Supply zone, price started the Swing pullback phase after a bearish CHoCH.
Price reached the Swing EQ/Discount, mitigating 4H/Daily demand zones creating Bullish CHoCHs.
Still the OF is bearish within the Swing Pullback phase and the current PA is ranging, but as it's the pullback phase we would expect a Swing bullish continuation from current area or from the Swing extreme.
With the latest Bullish CHoCH, if the demand holds, we could see a Swing continuation to target the current INT High. If it demand fails i would expect price continuing to the Swing extreme.
Lets wait for LTF confirmations and price development.
3.
Swing extreme demand for possible continuation to the upside.
15m Chart Analysis
1.
Swing Bullish
Internal Bullish
2.
INT structure turned Bullish after mitigating the 4H demand zones and reaching the 15m Swing extreme.
The recent break (Fail to close below Swing Low) resulted with another iBOS and formed a 15m/4H Demand zone.
This demand is mitigated now we are currently ranging.
For me it's clear now that market is waiting for CPI news today which will will provide us a clear view for next week.
3.
After CPI news yesterday, we pushed above range high (NFP High) which enabled me after to mark INT Structure high as we did a CHoCH.
Currently we still ranging inside the INT Structure. My Bias still Bullish till we see bearish Structures.
BANK NIFTY INTRADAY LEVELS FOR 12/01/2024BUY ABOVE - 47600
SL - 47420
TARGETS - 47780,47930,48070
SELL BELOW - 47420
SL - 47520
TARGETS - 47230,47000,46760
NO TRADE ZONE - 47420 to 47600
Previous Day High - 47600
Previous Day Low - 47230
I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY LEVELS FOR 12/01/2024BUY ABOVE - 21680
SL - 21630
TARGETS - 21750,21830,21930
SELL BELOW - 21590
SL - 21640
TARGETS - 21520,21450,21390
NO TRADE ZONE - 21590 to 21680
Previous Day High - 21720
Previous Day Low - 21590
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
EURUSD 11 Jan 2024 W2 - Intraday Analysis - US CPI DayThis is my Intraday analysis on EURUSD for 11 Jan 2024 W2 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
NOTE : Nothing changed since yesterday too, price still ranging since last Friday NFP and market waiting US CPI Today.
4H Chart Analysis
1.
Swing Bullish
INT Bullish
Reached EQ
2.
Price made a bullish BOS and after a BOS we expect a pullback.
After mitigating the Weekly Supply zone, price started the Swing pullback phase after a bearish CHoCH.
Price reached the Swing EQ/Discount, mitigating 4H/Daily demand zones creating Bullish CHoCHs.
Still the OF is bearish within the Swing Pullback phase and the current PA is ranging, but as it's the pullback phase we would expect a Swing bullish continuation from current area or from the Swing extreme.
With the latest Bullish CHoCH, if the demand holds, we could see a Swing continuation to target the current INT High. If it demand fails i would expect price continuing to the Swing extreme.
Lets wait for LTF confirmations and price development.
3.
Swing extreme demand for possible continuation to the upside.
15m Chart Analysis
1.
Swing Bullish
Internal Bullish
At Swing Extreme Low
2.
INT structure turned Bullish after mitigating the 4H demand zones and reaching the 15m Swing extreme.
The recent break (Fail to close below Swing Low) resulted with another iBOS and formed a 15m/4H Demand zone.
This demand is mitigated now and we are currently ranging.
For me it's clear now that market is waiting for CPI news today which will will provide us a clear view for next week.
BANK NIFTY INTRADAY LEVELS FOR 11/01/2024BUY ABOVE - 47420
SL - 47200
TARGETS - 47600,47780,47930
SELL BELOW - 47200
SL - 47420
TARGETS - 47000,46760,46500
NO TRADE ZONE - 47200 to 47420
Previous Day High - 47420
Previous Day Low - 47000
I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY LEVELS FOR 11/01/2024BUY ABOVE - 21630
SL - 21560
TARGETS - 21680,21750,21830
SELL BELOW - 21560
SL - 21630
TARGETS - 21500,21450,21390
NO TRADE ZONE - 21560 to 21630
Previous Day High - 21630
Previous Day Low - 21450
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
EURUSD 10 Jan 2024 W2 - Intraday Analysishis is my Intraday analysis on EURUSD for 10 Jan 2024 W2 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
NOTE : Nothing changed since yesterday too, price still ranging since last Friday NFP and market waiting US CPI on Thursday
4H Chart Analysis
1.
Swing Bullish
INT Bullish
Reached EQ
2.
Price made a bullish BOS and after a BOS we expect a pullback.
After mitigating the Weekly Supply zone, price started the Swing pullback phase after a bearish CHoCH.
Price reached the Swing EQ/Discount, mitigating 4H/Daily demand zones creating Bullish CHoCHs.
Still the OF is bearish within the Swing Pullback phase and the current PA is ranging, but as it's the pullback phase we would expect a Swing bullish continuation from current area or from the Swing extreme.
With the latest Bullish CHoCH, if the demand holds, we could see a Swing continuation to target the current INT High. If it demand fails i would expect price continuing to the Swing extreme.
Lets wait for LTF confirmations and price development.
3.
Swing extreme demand for possible continuation to the upside.
15m Chart Analysis
1.
Swing Bullish
Internal Bullish
At Swing Extreme Low
2.
INT structure turned Bullish after mitigating the 4H demand zones and reaching the 15m Swing extreme.
The recent break (Fail to close below Swing Low) resulted with another iBOS and formed a 15m/4H Demand zone.
This demand is mitigated now and we are currently ranging.
For me it's clear now that market is waiting for CPI news tomorrow which will will provide us a clear view for next week.
BANK NIFTY INTRADAY LEVELS FOR 10/01/2024BUY ABOVE - 47420
SL - 47200
TARGETS - 47600,47780,47930
SELL BELOW - 47200
SL - 47360
TARGETS - 47000,46760,46500
NO TRADE ZONE - 47200 to 47420
Previous Day High - 47930
Previous Day Low - 47200
I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY LEVELS FOR 10/01/2024BUY ABOVE - 21610
SL - 21560
TARGETS - 21680,21750,21830
SELL BELOW - 21500
SL - 21560
TARGETS - 21410,21330,21250
NO TRADE ZONE - 21500 to 21610
Previous Day High - 21750
Previous Day Low - 21500
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
EURUSD 9 Jan 2024 W2 - Intraday Analysis - US Trade BalanceThis is my Intraday analysis on EURUSD for 9 Jan 2024 W2 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
NOTE : Nothing changed since yesterday, price still ranging since last Friday NFP and market waiting US CPI on Thursday
4H Chart Analysis
1.
Swing Bullish
INT Bullish
Reached EQ
2.
Price made a bullish BOS and after a BOS we expect a pullback.
After mitigating the Weekly Supply zone, price started the Swing pullback phase after a bearish CHoCH.
Price reached the Swing EQ/Discount, mitigating 4H/Daily demand zones creating Bullish CHoCHs.
Still the OF is bearish within the Swing Pullback phase and the current PA is ranging, but as it's the pullback phase we would expect a Swing bullish continuation from current area or from the Swing extreme.
With the latest Bullish CHoCH, if the demand holds, we could see a Swing continuation to target the current INT High. If it demand fails i would expect price continuing to the Swing extreme.
Lets wait for LTF confirmations and price development.
3.
Swing extreme demand for possible continuation to the upside.
15m Chart Analysis
1.
Swing Bullish
Internal Bullish
At Swing Extreme Low
2.
After the recent Bullish BOS price started a series of Bearish INT Structures to facilitate the Swing Pull Back.
3.
INT structure turned Bullish after mitigating the 4H demand zones and reaching the 15m Swing extreme.
The recent break (Fail to close below Swing Low) resulted with another iBOS and formed a fresh 15m/4H Demand zone.
This demand is the last demand zone in order for the 15m Swing to stay bullish. If failed, then we will have a deeper push down and the 4H will have the second view for deep Swing Pullback.
BANK NIFTY INTRADAY LEVELS FOR 09/01/2023BUY ABOVE - 47670
SL - 48560
TARGETS - 47840,48030,48180
SELL BELOW - 47420
SL - 47540
TARGETS - 47200,47000,46760
NO TRADE ZONE - 47420 to 47670
Previous Day High - 48180
Previous Day Low - 47420
I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY50 INTRADAY LEVELS FOR 09/01/2024BUY ABOVE - 21610
SL - 21560
TARGETS - 21680,21750,21830
SELL BELOW - 21500
SL - 21560
TARGETS - 21410,21330,21250
NO TRADE ZONE - 21500 to 21310
Previous Day High - 21750
Previous Day Low - 21500
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
EURUSD 8 Jan 2024 W2 - Intraday Analysis - EUR Retail Sales This is my Intraday analysis on EURUSD for 8 Jan 2024 W2 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Swing Bullish
INT Bullish
Reached EQ
2.
Price made a bullish BOS and after a BOS we expect a pullback.
After mitigating the Weekly Supply zone, price started the Swing pullback phase after a bearish CHoCH.
Price reached the Swing EQ/Discount, mitigating 4H/Daily demand zones creating Bullish CHoCHs.
Still the OF is bearish within the Swing Pullback phase and the current PA is ranging, but as it's the pullback phase we would expect a Swing bullish continuation from current area or from the Swing extreme.
With the latest Bullish CHoCH, if the demand holds, we could see a Swing continuation to target the current INT High. If it demand fails i would expect price continuing to the Swing extreme.
Lets wait for LTF confirmations and price development.
3.
Swing extreme demand for possible continuation to the upside.
15m Chart Analysis
1.
Swing Bullish
Internal Bullish
At Swing Extreme Low
2.
After the recent Bullish BOS price started a series of Bearish INT Structures to facilitate the Swing Pull Back.
3.
INT structure turned Bullish after mitigating the 4H demand zones and reaching the 15m Swing extreme.
The recent break (Fail to close below Swing Low) resulted with another iBOS and formed a fresh 15m/4H Demand zone.
This demand is the last demand zone in order for the 15m Swing to stay bullish. If failed, then we will have a deeper push down and the 4H will have the second view for deep Swing Pullback.
4.
Potential demand zone within the Swing extreme.
💹 U.S. DOLLAR INDEX next week prevision 💹In the dollar we can see that it has to continue its downward trend at least until it reaches areas between 99,700 and 98,490 minimum to end with the 5 of the Elliot wave since it has not reached 100% of the fibonachi extension of the last reverse wave. It is making a brief correction before going down again to break SL's and go down again as we observe a strong accumulation in the area where it closed last week. As soon as it has touched the 100%-127% zone, the bullish trend will continue since it has to go to areas of 108,200 minimum. In summary go short options in the short term and when you have touched the 100 level great opportunities to go long.
💹 TSLA next week prevision 💹Bearish beginning of the week looking for 100% of movement 3 of the Elliot wave. It can go down to the 231.16 area at least. Afterwards it can have a slight rise looking for movement 4 to 238.85 minimum to continue falling to 225.51 or more. In general bearish trend during this week with few options to go long.