RSI Divergence is seen in Nifty today (22/1/2025).. After a correction and consolidation, we can expect a positive move in Nifty is a few days. Budget 2022 and earnings may be the key factors in reversing the trend in Nifty.
hello guys! Key Resistance Zone: The price has reacted strongly at this confluence of resistance, signaling the potential exhaustion of the recent bullish momentum. Correction Scenario: A pullback to the breakout (BO) level, represented by the blue area, appears likely as the price consolidates below the resistance. This region could provide a strong support level, potentially around $2,710-$2,730. Channel Dynamics: The price is still within an ascending channel, suggesting that a retracement would be corrective rather than a trend reversal. The lower bounds of the blue area or the midline of the channel could serve as dynamic support. Confirmation Needed: If the price fails to hold above the BO level (blue area), the next support targets would lie near $2,678 (Fibonacci retracement zone), which aligns with the prior market structure. __________________________ Strategy for Traders: For Shorts: Short-term traders can look for rejection signals at the current resistance, targeting the BO level for potential profit-taking.
Hi folks today I'm prepared for you Gold analytics. In this chart, we can see how the price declined to the trend line and then at once rebounded from this line to support 1, which coincided with the support zone, breaking support 2. Then the price made a correction, after which reached the trend line and then rebounded and rose back to the support zone (2725 - 2715) and then dropped to the trend line. When the price fell to this line, it broke it and declined to the support zone, which coincided with support 2 and then started to grow inside the upward channel. In the channel, the price reached the support line and some time rose near this line and then bounced and in a short time rose to support 1. Soon, the price broke this level and continued to move up next and now it almost reaches the trend line. For this case, I expect that XAUUSD will reach this line and then turn around and start to decline to support level inside an upward channel. That's why I set my goal at the 2715 level. If you like my analytics you may support me with your like/comment ❤️
Based on EURJPY H1 chart, a bearish butterfly pattern has formed T bar formation Level : 163.754 Confirmation level : 163.572 TP1 : 162.198 TP2: 161.242
https://www.tradingview.com/x/OnZ6CMCQ/ Here is my latest structure analysis and important supports and resistances on USDJPY. Resistance 1: 156.40 - 157.25 area Resistance 2: 158.35 - 158.85 area Support 1: 154.15 - 154.78 area Support 2: 150.60 - 151.21 area Support 3: 148.60 - 149.60 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Ich bin über den Titel gestolpert und habe gesehen wir sollten jetzt dann die C starten welche auf den aktuellen Niveaus in die blaue Zielzone laufen sollte. Fals die E invalidiert wird ist es immernoch möglich, dass wir bis zum 1,318er fib hochlaufen.
Ein Basic – unendliche Kombinations-Möglichkeiten! Rebecca Mir setzt auf ein Basic, das wirklich in keiner Garderobe fehlen sollte. Shoppe das Must-have hier nach!
2025 gibt es einen neuen Sneaker am Trend-Himmel, und er bringt eine Menge Retro-Vibes mit. Rihanna ist schon Teil des Fanklubs.
Copy trading isn’t new. It’s been around since Facebook was just a college network, and smartphones weren’t really smart. And if Google Trends is anything to go by, it’s getting more popular every year. But something special is happening in the MENA region. The Middle East and North Africa are seeing a massive rise in […]
Key Takeaways: The U.S. dollar has seen significant appreciation since late September, primarily driven by the widening interest rate differentials between the U.S. and other major global economies. Strong economic resilience, a robust labor market, and continued consumer spending in the U.S. suggest that the Federal Reserve (Fed) may not cut rates as aggressively as […]