NIFTY Resistance 25-Sep-24NIFTY Resistance 25-Sep-24
Evident Resistance between 25800 and 26200
Also the gap is very low between both Resistance.
Either it need to decisively break and move up with Global, Local News
or
To be Careful during this zone.
Chance for market might move sideways till Q2 Results (Expected in a span of month)
Midweek
Mid-Week Market Report: Post-FOMC Results, Forecast UPDATES!Wednesday, Sept. 18, 2024
This video will cover the updates to the Weekly Forecasts videos posted last Saturday.
With the Fed deciding to cut the rates 50 basis points, there was some volatility injected into the markets, resulting our targets being achieve!
Also, we will forecast the SP500, NAS100, DJI, GOLD, SILVER, US & uk OIL markets! So watxh until the end of the video!
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EURUSD Bullish Breakout of Elliott TriangleEURUSD found support at 1.1760 and has started to reverse as it broke above a falling wedge, arguably a Elliott triangle of the final Elliott wave.
We will be looking for a buying opportunity as the price has already pulled back to the 61.8 Fib level, and the bottom of a probable rising channel.
Our main target will be somewhere just below 1.1900 where there's strong supply which also lies at the 61.8 Fib level.
USD/CHF Buy setupAs we can see price had been descending in a channel.
Then we broke out where we are now creating a inverted head/shoulder pattern.
I will be looking for a entry on the 15TF where the W-formation is created, what tells us we are going to reverse.
I will be setting 2 take profits.
First around 70 pips where partial take profit is taken.
Second around 200 pips profit.
Trade Ideas Analysis: EURUSD Dbl BtmDouble Bottom setup as what we have shared last night during our Mid-Week Analysis if you don't wish to miss any of such, simply like our facebook page to keep in touch of the market movement:
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