On the daily chart, AUDUSD formed a head and shoulders bottom pattern, with short-term bulls in the lead. Currently, attention can be paid to the support around 0.6330. If it falls back and stabilizes, you can consider buying. The upward target is around 0.6440, and the upper target is around 0.6550.
Shakti pumps has bounced from good zone, moving with strength. Marked inmediate resistandes with blue line.
Ami org is forming a harmonic pattern . Resistances are marked with blue line. Expecting a positional trade till D point if momentum supports.
Looking for short term retracements on this overall bullish trend for entries. 4hr Rejection block is also a 1hr Order block from yesterdays New York Killzone. These confluence entries and fractals make me believe they have tipped their hand on this. Trading Discord is free and open for London and New York Killzone traders. Let us know your thoughts in there!
Cross check MACD histogram reversed up, will break resistance 3040 target ? $3060 - $3100
ETH might finally be getting ready to break out of that range we've been trading in since it broke down $2000 level. If the selling pressure eases with the news coming in, and we don't see a massive whale shorting, putting downward pressure yet again, ETH might ultimately have a chance to break out to the upside and reclaim the psychological $2000 level. The rest will be better if we get some momentum afterwards. Stay hard, stay alert.
CRYPTOCAP:TOTAL TVC:GOLD - GOLD has created some new highs recently. Breaking out of its previous buying climax resistance, it could be nearing the top; developing a UT in the 0:1.618 ratio band. I have TOTAL layered in this chart above to point out key observations that affected GOLD in the past and vice versa. When the Selling Climax began for GOLD at the end of October 2024 a rally up for crypto started shortly after: with GOLD being the leading indicator but inversely correlated. Thereafter, when the Selling Climax began for TOTAL, the rally up for GOLD began shortly after: with TOTAL being the leading indicator. There is a chance that GOLD could provide the clues yet again. If GOLD hits the brakes at this resistance structure, It could mark the beginning of a 3 wave correction or perhaps a selling climax, but too early to tell. With that note; I'll be keeping a closer eye on gold as is could lead to some clues that may affect TOTAL's correctional phase. Good Luck! -Not Advice-
Given the bearish CH in lower timeframes and the formation of a supply zone, a downward move is expected. There is a liquidity pool and an order block at the bottom of the chart, and candles are expected to move downward toward this area soon. The closure of a 4-hour candle above the invalidation level will invalidate this setup. Do not enter the position without capital management and stop setting Comment if you have any questions thank you
FII inflows have turned positive, aided by a stable dollar index at 103. Nifty extended gains for the second session, closing above 22,800, driven by global cues and short covering. Surpassing the 20 DEMA after a month, it may target 23,100-23,200. Broad-based buying supported market breadth. #Nifty
ANGELONE 's stock price has been retesting around the 2000 resistance level for approximately two and half years. Following multiple retest, the stock finally broke out above this level in October 2023 and has since established it as a key support. The stock subsequently surged to a peak of 3895, representing a 87% increase. However, it then experienced a sharp correction, plummeting 45% to revisit the 2000 support level again. This pivotal point, formerly a resistance, has now become a robust support. Currently, ANGELONE is exhibiting an upward momentum, poised to retest its swing high at 3895. The weekly MACD crossover, occurring after the establishment of support at 2000, indicates a bullish trend reversal. KEY OBSERVATIONS: - Two-year resistance level of 2000 broken in October 2023 - Stock surged 87% to 3895 before correcting 45% - 2000 level now serves as robust support - Weekly MACD crossover indicates bullish momentum - Upward momentum poised to retest swing high at 3895 RECOMMENDATION: Based on this technical analysis, I would recommend holding ANGELONE for a Long Term horizon. This could potentially yield: - 35% returns from the current price (as of writing) - 87% returns from the support point (2000) This analysis highlights a compelling buying opportunity in ANGELONE, driven by its breakout and momentum reversal. IMPORTANT NOTE: Investors should be aware that there is a possibility that the stock may revisit this Support level at 2000 in the near future before resuming its upward momentum towards the swing high at 3895. This potential pullback should be monitored closely, and investors may consider adjusting their strategies accordingly. DISCLAIMER: This IDEA is for informational/educational purposes only and should not be considered as investment advice. The analysis presented is based on technical indicators and historical data but does not guarantee future performance. Please conduct thorough research based on financial goals and risk tolerance, and consult with a financial advisor before making any investment decisions.