Analysis of June contracts , Monthly buyside liquidity has been taken in past weeks . Daily FVG is still holding the bullish scenario. number of news events occuring this week will keep the market volatile.
Link is in correction form. wave A and wave B are complete and now wave c is underway. support seems near 1.50 $ if things go according to wave theory.
Price of sugar is in range for quite a while .the range structure could break & retest in upcomings days. As the inflation peaks with high interest rates.the effect of rates will be seen for months.
NZD/CAD took a long position on basis of daily support. formed a new low. not 100% sure if this is the start of wave 1 .
we are in a choppy market right now struggling to buy the dip. when we see back into history we can confirm that we are still a long way to see the dip. If we see from the year 2000 to Oct 2002 a correction of more than 50.63% took place while in the year 2007 when the market started to move downward a correction of 57.89% was seen in almost 511 days. a covid...
it broke the HTF trendline and clearly looks bearish. it is kind of a risky trade to trade but the way market is working usd will go alot lower than expected.Not a financial advice .
broke trendline and in the short term, Elliott wave finishes. hoping to see downfall from here
This is the scenario of panic and chaos I will be moving my SL with the change of price downward. inflation and higher interest rates will result in vanishing billions of dollars from the United Kingdom. Even the split of UK can result in the collapse of a nation that was known as a ruler of the world. with ongoing geopolitical inside and outside Uk Its better to...
Bitcoin has crazy fans that's what newspapers are saying and I would say yea we are. But can be traded by Dominance chart of USDT . as you can see Usdt formed a double bottom and now is having kind of bullish flag. Btc has not seen such as scenario before such as interest rates, inflation, war , supply chain crisis. low savings. expect sharp drops . Not a...
Hilton holdings are performing quite well for a while. but now it broke the trendline on march 2nd 2022.it grabbed liquidity from price of 130 $ and moved to range of 145$ . with high inflation and low savings in Bank accounts.i shorted at 146.53 $ . And i dont like there service
American International Group is in an upward triangle. it met major resistance of 65 $ which was achieved in Oct 2017. the support level of 62.46 is broken i took a short position. but the trade is risky and reward is massive so chances of hitting Sl are high.
Boeing is in a downward trend for a while. it formed a rising wedge and broke the support trend line. With the deficiency of supply and traveling issues not much profit is generated by the air companies.not much to say i have bearish mindset towards Boeing. Not a financial Advice.
online course provider company which is in a downtrend for a while. a number of alternatives are in the market. it broke the HTF resistance line. and now forming a bullish flag. with the sentiment changing from bearish to bullish, it can outperform. but the bearish scenario of the market is not over yet. it seems like an Elliott correction wave. the pushdown seems...
nothing much to say about the gbpcad . i took short position earlier with r:r of 1:10 . not a financial advice
usdjpy is in the disjoint channel in a higher time frame after an impulsive wave it formed a bearish structure. it has broken the trendline and retested. not a financial advice .
a simple analysis of Bank nifty on a daily and weekly basis. just for educational purposes, but this scenario can occur in the Indian market in the future.feel free to comment
oil is cooling down for sure.elliot wave is finished and now the correction wave will undergo. not a financial advice
I took this trade on basis of Elliot wave and price action. this is just the start of the correction wave as it can form a double top which can be another entry. due to high volatility in the market(Russian and Ukraine feud) keep track of the Risk and reward ratio. not financial advice to follow. feel free to comment