Nifty forming a bull flag If a wave 5 forms deep testing the lower trend line, followed be a bullish candlestick pattern will be a buy opportunity. Or on bullish breakout of the bullflag pattern it will be a buy trade opportunity. On violation of the Bullflag we can still see further down side. Trade only on confirmation.
Nifty forming bull flag. Best to buy after breakout of the wedge. If bull flag fails most likely 20500 zone will be tested. Buy only after breakout confirmation.
Banknifty potential first pullback and breakout trade on upside. Buy on break of 50k. . .for 52k targets.
PA in reversal zone. Butterfly harmonic pattern formation. Sell on rejections from this zone. Potential targets 2780 - 2700 - 2660
Gold approaching DEEP CRAB reversal zone at 2820 Possible pump and then dump from here Sell on rejections from this area
There is divergence in RSI + confirmation in Price action of higher high. . .big bounce or reversals are expected. . .this scenario is in Butterfly harmonic pattern + Rsi divergence + HH candle confirmation + crucial trendline support. . . .too many things for confirmation. A daily close below the the trendline will void this setup.
Weekly closing above 23500 will indicate change in trend . . .Nifty placed at dynamic trend line and horizontal support zone. . .technically convergence of many support zones in this area. . . .Weekly closing as mentioned above will indicate confirmation of change in trend. . . .to possibly 25k > 27k.
Potential wolfe wave pattern SEll on 4hr rejection candle formation
Potential sell zone Corrective wave c in progress Point b completion Butterfly harmonic pattern If not violated then possible down side move ahead.
GBPNZD in potential reversal zone. Possible expanding triangle complete wave5. Confluence of fibonacci ratios.
Potential point c completion of harmonic pattern Butterfly/crab. Possible bullish targets above 2700-2722 As long as above 2635 view remains bullish.
Big rejection candle on Weekly time frame. Bearish trigger on higher time frame, possible downtrend in coming weeks. Nifty has never recovered from such weekly bearish closing for 3-4 weeks before. Possible completion of EW wave -5 21000-22000 would be next possible targets.
XAUusd in down trend Possible in GARTLEY PRZ Any sell candle trigger will be selling opportunities. Possible targets - 2390 or lower
Price reacted to 61.8 fib levels and RSI showing hidden bullish divergence. Possible higher high and trend continuation possible.
Price reacted to 61.8 fib levels and RSI showing hidden bullish divergence. Possible higher high and trend continuation possible.