shakeelmohamed

shakeelmohamed

On 15m TF, NSE:NIFTY has given a ChoCh and taken out last swing low, confirming the temporary swing high of 22676. Price is still trading in the premium zone, with an accumulation forming in the last 2 sessions (Wednesday and Thursday) Price is likely to take out the Sell Side Liquidity of this accumulation and likely to do a reversal from 22100-22180 levels,...

shakeelmohamed Updated 

So TVC:USOIL continued its fall previous week too. For the upcoming week, my bets are on the upside, these are the keypoints of observation leading to this. 1. Since last 7 weeks, Crudeoil is stuck in a box range, and also the contracting triangle pattern is in the verge or breaking out / breaking down, so we can expect big moves that would possibly take...

shakeelmohamed Updated 

After breaking past the recent consolidation phase, USOIL printed a higher low towards day close, expecting USOIL to break yesterday's high of 70.4$ today. First Target : OB near 71$ Second Target : 71.5$ and break of these 2 targets would accelerate the price towards 72.8$ levels. Happy Trading! NB: Not a financial advise, only for educational purpose only.