?#BSOFT Spot Buy Setup Currently Trading At 392.40 , Buy On dip Around 377 And Buy More Only At 329 If Comes For The Target 569—769
PEB I already own this as a long term investment, but interesting chart right now.... Currently had gap down due to bad Medicare news removing product from approved test list, but shortly afterwards one product was ranked highest A+ for test credibility so this may remove the previous restriction in Medicare and open market again Technically this has a long term Elliott Wave 'Ending Diagonal' with an overthrow pattern which is technically a reversal signal, this was followed by a strong move upwards following the results of an industry comparison of products which proved very positive Currently the Triangle has been broken and now being retested, and is now at a good point to hopefully go higher... it may need a news/ medicare catalyst, but the probability is that it is more likely technically and fundamentally to rise than to fall... Moving from current $0.126 to $0.42 will be a 333% Return from current levels And there are gap closes at $0.49 and $0.78c so this represents a high potential reward to risk trade
Event to pay attention to today: 14:30 EET. USD - Unemployment Claims EURUSD: On Wednesday, EUR/USD traders adopted a more cautious approach, allowing Fiber to retreat by approximately a third of a cent and pushing bids back below the significant price target of 1.09000. Despite the significant recovery in EUR/USD over the past couple of weeks, buyers are regaining ground after Fiber corrected more than 5 per cent in less than a fortnight. This week's European economic data is minimal due to the prominence of trade war concerns and US inflation data. On Wednesday, the US imposed 25 per cent tariffs on all steel and aluminium imports, a significant escalation in President Donald Trump's efforts to wage a trade war with all of the country's allies. Meanwhile, US consumer price index (CPI) inflation fell more than expected in February, with core CPI at 0.2 per cent month-on-month and 2.8 per cent year-on-year, slightly faster than forecasts. While the figure remains above the Federal Reserve's (Fed) 2% target, it has raised hopes for a rate adjustment. CME's FedWatch tool now shows equal odds of a Fed rate cut in June compared to July. It has been almost four years since US core inflation reached 'transitory' levels. Barring a brief slowdown in Q3 2024, key inflation indicators have remained stable since June 2023, when post-Covid inflation fell to an annualised rate of 3%. Despite the lower CPI reading in February, there are indications of potential challenges for policymakers: gasoline and heating oil prices fell 3.1% and 5.1%, respectively, while natural gas prices increased by 6%. Additionally, housing price inflation increased by 4.2% compared to the previous year, while a modest 0.3% decrease in automobile prices concealed a 2.6% year-on-year rise in food price inflation. Trading recommendation: SELL 1.08600, SL 1.09300, TP 1.07700
The pair is way overbought for the right reasons, but as they always say, whatever goes up, must come down. RSI is extreme, and on shorter time frames, we have some red block starting to appear. Strategy SELL current @ 1.8650-1.8700 and take profit near 1.8197 for now.
A NIFTY 50 Reversal occurs when the price direction of the NIFTY 50 index (India's benchmark stock index) changes trend, either from a downtrend to an uptrend (bullish reversal) or from an uptrend to a downtrend (bearish reversal).
This is Schematic #2 Rising Bottom of Re -Accumalation I am attracted to the TriggerBar on 11/3/25, which succesfully commit above the upper trading range In which subsequently reacted with a very low supply (Arrow) Made a decision for EP Going to expose progressively, if things improving from here on wards Bursa KLCI has been under massive selling Im expecting a volatility in upcoming weeks PureWcykoff
Looks like a WXY pattern ongoing on AKRA. We can start to enter once it dips below 1265. Target's at 1400, around the 200-day moving average.
The Indian Metal Index (CNXMETALS) is shaping up for an exciting move! ? LINK TO MY FULL REPORT - https://drive.google.com/file/d/1Wo1kDuP3GMeHZXaOanfj6bHnAG4AZbEH/view?usp=sharing Through technical analysis, I’ve identified a strong inverse correlation between CNXMETALS and the Dollar Index (DXY) ?. Historically, when DXY weakens, Indian metal stocks tend to shine. ? Key Observations: ✅ CNXMETALS Technical Setup – Strong indicators suggesting bullish momentum! ?️? ✅ Stock Picks & Targets – I’ve highlighted key stocks that could benefit from this macro and technical setup! ?? ✅ Dollar Index at Crucial Support – A breakdown could fuel an upward surge in Indian metal stocks! ?➡️? ✅ Global Macro Trends – A quick dive into the global metal sector & its impact on Indian markets ?? Metals are heating up, and the charts are telling a compelling story! Are you tracking this trend? Let’s discuss in the comments! ⬇️?
An ITC Demand Zone refers to a specific price level or area on a chart where the buying interest in ITC Limited (a leading Indian conglomerate with businesses in FMCG, hotels, paperboards, packaging, agri-business, and IT) is significantly strong. This concept is used in technical analysis to identify key levels where the price of ITC's stock might find support and reverse upward. Demand zones are critical for traders looking to enter long positions at favorable prices.
So yesterday CPI report came which was quite positive for the market, so the market on the 4-hour chart is looking good unless we break above 84500. If we do break above 84500, we can long BTC with the stop loss at 81000, and then we can close our position at around 90k. This is easy, I think this is the easiest scalp ever. As we can see, BTC has formed a really cool head and shoulders pattern. So go long after btc claim 84500 :) otherway don't open long position