ajkhan30

ajkhan30

1) As predicted on 02/02/2023 the price action has behaved exactly in the same fashion and on its way to get the bullish Order Block. 2) The price action is roaming around in Golden Zone of Fib. It is expected to face support from Fib level at 61.80% before breaking through and get to Fib level of 50% as strong support. 3) The confluence of...

ajkhan30

Although the price faced rejection from key area of confluence and repelled but the trend still it managed to breach the resistance. It implies that it is a potential bullish run. CHoCH (Change of Character) occurred meaning the price actin has strong tendency of bullish on its way to 13720. Chart Assessment is based on probabilities, guess work and only for...

ajkhan30

As predicted on 02/02/2023 the price action has come to get its target at 1867. The index is expected to move in the same fashion in bullish run. Watch out for the bullish movement to grab good opportunity of long trade entry after 1895 with SL and TP at RRR 1:2%

ajkhan30

Completion of 5-3 Move of Elliot Waves Pattern indicates of trend Reversal. Double Bottom formation is also indication of trend reversal. Bullish Diversion in RSI also supports the trend reversal into Bullish. Entry at current market level whereas SL and TP on the basis of RRR 2:1% P.S.This is an educational assessment and guess work and not trade...

ajkhan30

After making HH, the price action is due for brief correction. The price action is expected to experience some resistance from ascending and descending trend lines before its break-out. Chart assessment suggests trade entry on break-out with SL and TP on the basis of RRR 2%. P.S.This is an educational assessment and guess work and not trade recommendation....

ajkhan30

After grabbing the bearish order block at price level 23567 highlighted the index has turned bearish is on correction course to cool down for next bullish run.

ajkhan30

The price action after devouring the liquidity highlighted is on its way to take Bearish Order Block. Brace yourself for 40 pips profit if you are convinced for going long at current market level. P.S.This is an educational assessment and guess work and not trade recommendation. Please Like, Subscribe and share for more Trend Analysis and Chart Assessments.

ajkhan30

According to its recent history the price action is expected to honor and return to demand zone to complete the pattern. Chart assessment suggests trade opportunity short with entry at present market level, SL just above the resistance level or supply zone whereas the proposed TP should be the support level or demand zone. P.S.This is an educational...

ajkhan30

After price rejection from strong support and consuming Bullish Order Block, the index is preparing itself to go for Bearish Order Block or Supply Zone. Secondly, the index has also formed Bullish Flag which is also strong indication of price reversal. Channel Commodity Index (CCI) also indicates Bullish movement. Chart assessment suggests trade...

ajkhan30

After facing rejection from strong resistance the index has came down for correction and now on its way to try and break the daily resistance. Trade opportunity long after crossing 1.23508 with SL below the support at 1.23301 and TP at 1.24208 just above the resistance level.

ajkhan30

After completing the projected Harmonic Pattern AB=CD, the price is expected towards correction and retrace to Fib level 61.80. The brief retracement will end in bullish rally towards new HHs. Chart Assessment likely trade opportunity Short after price rejection from daily resistance at current market level with SL above the resistance level and TP at...

ajkhan30

The Harmonic Pattern AB=CD is completed, therefore, the price action has gone bearish to cool down towards the drawn ascending support trend line. The price action faced rejection from resistance and repelled. The price index is expected to come in the expected fashion towards ascending support line. Chart assessment suggests trade opportunity short...

ajkhan30

1) Price rejection at Key Area of Confluence implies price correction and retracement at expected Fib level of 61.80%. 2) Correction & retracement towards Fib level 61.80% as support to cool down before resuming its expected bullish rally. 3) After rejection at support level 23770 the index is expected to continue its bullish run. 4) ...

ajkhan30

1) After forming Triple Bottom the price index is on the bullish run. 2) The rally has also break of structure (BOS) of LLs & LHs Thus conforming Bullish run. 3) The price action has given respect to Fib level 50.0% which initially acted as resistance and now support along with MA 200. 4) After brief price rejection the price action has gone into...

ajkhan30

The index got strong rejection from multiple supports firstly MA 200 retracement, Secondly Fib level 61.80% and Thirdly from ascending Trend Line. MA 200 acted as resistance but now playing as support. The price is thus expected to become bullish and form new HHs & HLs. The index broke the structure and formed HH thus indicating trend reversal into...

ajkhan30

The price action is on on course to complete Corrective Wave and pattern a, b, c. The price is expected to retrace to Fib level of 38.205/50.0%/61.80% and thereafter it will resume its bullish run and eat up all the liquidity highlighted in the chart analysis. Chart Assessment predicts trade opportunity short with TP levels based on Fib levels...

ajkhan30

The market has broken critical resistance level and given indication of embarking upon bullish rally. But potential buyers should keenly observe the movement of price action before jumping into the fray. The bullish rally may be a trap laid down by the Smart Money or big financial institutions because before breaking the resistance level, one may clearly notice...

ajkhan30

After rejection by strong resistance on Daily Time Frame the Action has entered into consolidation. The Consolidation will last for a period of 36 days before the break-out and trend reversal. This is the region where dump Money will be lured to create liquidity for SMC. The SMC will devour the liquidity before going down on bearish run. Chart Assessment...