Break of FVG at London open and now an iFVG. A short from this iFVG targeting 2.5 RR
The USDCHF below 50% retracement candle of post CPI ralley and within a 15 min FVG area. 0.9555 would be a good entry for a long with SL of 0.9529 and target of 0.97
A breakout of structure happened and the retracement back to a new FVG in a breakout candle can be a scale in long entry for USDCHF.
ICT setup on 1 HR USDJPY chart. Buying below 50% retracement of CPI candle within the FVG. Targeting 145.
Nifty has now closed below the support-resistance level of 14600 on high daily volume. Below are the gap after budegt day ralley, a 50 EMA and also the monthly VWAP support. 14200-14300 is going to be important support which if broken will lead to 13800 again.
Nifty near the 50EMA and also a monthly anchored VWAP of december. 13400 is the make or break level. If breaks, then 12400 is on cards.A hedged long at 13800 for a 400 points bounce looks good at this point.
Nifty has formed a strongly upward sloping channel since 2008. The top of channel was at 11000 and bottom is at 9000 so there is still downward journey likely.