Guys, it seems Marine Electricals getting ready for Super Performance soon. VCP Pattern - 14W-16/7-3 followed by STRONG Order Book both domestic & abroad suggests its a good Techno Funda pick
FX:EURUSD I think this plan may happen for EURUSD
btcusd was touched the all time high based on its halving news, but currently the crypto coin is in a state of confusion either should it persume its journey to 100k or should bounce back to 50k area. currently the support and resistance are as follows resistance 67400 and 67800 if broken it will fly to 69000 support 66800 which...
Shopify stock has now dipped into our magenta Target Zone (coordinates: $62.74 - $52.88). Here we expect the low of the magenta wave (b) and a reversal. The price should now rise again well above the resistance at $67.60.
Theoretically, the current sideways movement could already be a bottom formation, meaning that the price will soon take off to the upside. However, we will only be convinced of this scenario (25% likely) if the resistance at $0.81 is breached. Primarily, we believe that there should be a setback before the low of magenta wave (ii) is placed.
EURUSD is moving in an ascending channel. The chart broke through the dynamic resistance, which now acts as support. We expect a decline in the channel after testing the current level. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity EURUSD I still did my best and this is the most...
Hello Traders and Investors, today I will take a look at Bitcoin. -------- Explanation of my video analysis: On the Bitcoin chart there are actually only three lines which you need to draw: First you have a horizontal structure at $16.000 which Bitcoin perfectly broke towards the upside with the last cycle in 2020. Furthermore Bitcoin is creating an ascending...
there is a possibility that nifty smallcap 250 can for a head and shoulder pattern here, which can bring it down by total of 11%, and 7.7% after the formation gets completed. It is very likely that the market will not complete this pattern, but just for awareness and availability of different perspective I wanted to post about it. also, please do not take any...
The price of Bitcoin is currently making another attempt to rise. However, we are sticking to our primary assumption that our same-colored Target Zone (coordinates: $58,655 - $47,012) should be reached first as part of the green wave 4. As soon as the low is established, the price should then rise above the resistance at $73,462. If this level is exceeded earlier,...
The momentum in the S&P500 chart slowed down yesterday. With a view to the upper price target, however, there should still be room for further expansion in the current phase of the turquoise wave 5. Once the high has been placed, a larger corrective movement is on the cards. Please note our alternative scenario (38% probable). This option suggests the possibility...
After seven bullish minor waves in H4 t.f., later on chart reached 65.5k with a HH shadow that hits 300% of previous candle putting fibo. inside of it, on coordinates 64500 and 64k. The red parallel channel shows where chart feel atracted. Combining this aspects I can assume chart will go bearish for the moment. Later on, it should reach 57k at least, completing...
Head and shoulder pattern... Primary target : 600 Final Target : 534.6
After analyzing options trades on CME, we found a promising opportunity to short Canadian Dollar. The option contract is for April with an expiration date of April 5, 2024. We noticed an interesting option portfolio on March 22 that aligns with the trigger level on the futures chart (refer to chart). A trigger level is a graphical pattern on the underlying asset...
Nifty has been moving very well within the channel range in the daily time frame. 22,000 is an important support level in this channel, and it's holding it very well for now. Today's close shows bulls are back in with a fight. I wouldn't enter into any short trade right now, if you are holding shorts, its a good time to exit
Aurora shares have almost reached our turquoise Target Zone, which is located between C$8.39 and C$5.63. We primarily assume that this Zone should be approached next in the course of the current wave C. The low of wave C should also mark the end of the higher-level wave (2) in magenta, which will then clear the way for the subsequent wave (3).
DOT experienced a decline last week. However, we consider this to be primarily part of the internal substructure of the orange wave (iii), which should extend well above the resistance at $8.50. In the short term, further setbacks to our orange Target Zone (between $4.85 and $6.58) are theoretically possible, which is why we are keeping this range active.