Price-action
Bank Nifty Simple Analysis NSE:BANKNIFTY The price is creating a Cup-like shape in the daily chart. To complete the pattern, it must go up to 46369.50.
But there is a resistance which is holding onto and all the Trap Zones are tested. So, though the bias is Bullish but we should wait for the 45564.40 resistance to break to think of entering a long trade in Bank Nifty.
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AUDCAD: Risk less than your norms.Hello traders,
Aussie-Loonie is fantastic.
Aussie is correlated to China economy and China is major oil buyer which is highly correlated to CAD!
Goes against the trend just for one and last time. :-D
Levels calculated order_block, regarding support and resistances, channel and pivot points.
Reliance Simple Price Action AnalysisNSE:RELIANCE is in an Uptrend as it is creating Higher Highs and Higher Lows in the candlestick chart. The Price is currently trending on a Demand Trap Zone and a bullish corrective ABC pattern is also visible in this chart.
Hence the expectation is price will go up to 2656.50/- i.e., 2:1 Reward to Risk and Approx. 10.01% Return on Investment.
EURUSD: 125 pips is waiting for us!Hello dear traders,
Our last EURUSD was profitable, almost the same opportunity here!
Enter after a confirmed breakout below 1.0480
Close 20% of profits around 1.0420
close all between 1.0370 and 1.0350
Levels calculated order_block, regarding support and resistances, channel and pivot points.
Example - Im StartingI have no comment to share on my analysis. Only; I have a few rules that I have been following for 9 years and I am being traded according to them. I will try to share all the transactions I opened during the day here. I am ready to teach anyone who is interested. I’ve touched more than 6500 people so far.
EURUSD Liquidity LevelsIn yesterday's New York session the EURUSD pair had a New York session high of 1.06736 and a session low of 1.06236, this was the range of the New York session. Going forward today I will have a look at the lows and highs of the Asian session to see where liquidity is sitting. Depending on whether you are long or short there will be a lot of buy and sell stops around these areas and banks will be using these levels as liquidity zones.
Bank of Baroda Simple Analysis BullishNSE:BANKBARODA is making HH and HLs in the Daily chart and is reacting from a Fresh Trap Zone.
The expectation is price will make another HH from here as that is the habit of the price. So, we can think of taking a long trade with a small risk to get the 3.65: 1 Reward to Risk. That is a 10.70% Return on Investment in quick succession.
Wild day! - plan for 13th September 2023Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
EUR/USD Short Opportunity - August RecapThis was an A+ setup - needed to monitor RT on the HTF as price was above but was a form of extended RT as price continued downwards, price was initially underneath on HTF - it RT previous broken support zone and there was clean traffic for downward momentum after RT on both EMAs
EURCAD Getting Ready to Break the July Highs😮Hey guys , Ideal on EURCAD is That We are Overall Bullish Starting From the Daily Timeframe Down to the H4 Timeframe Which Price is Now Pulling Back to Level 1.44537 on H4 Timeframe for a Buying Opportunity to Then Target the July High . Drop Your Comments on the Comments Section,
Trade Safe James.❤