As per the video update shared on Youtube , NIFTY hit 23000 as expected. Now NSE:NIFTY seem to have completed WXY which is around 38% mark. Since this was wave 4, 38% is reasonable correction. Wave Y has formed in a falling wedge pattern which is bullish and NIFTY seem on verge of breaking out from it. Having said that, it's also possible that the bounce is just another X and the whole thing may turn out to be WXYXZ instead of WXY.
This is a good example of why you should not increase the leverage on your trades during times of high impact news because sometimes the complete opposite can happen. In this review, I will discuss my views on how FOMC shaped the daily candle and what to expect going forward although there was not that much volatility yesterday.
NIFTY BANK is reversing from the long term trend line. This seems to be like short covering happening. However, this short covering can be participated in for a long trade till target 50,120. This short covering is happening courtesy ICICI BANK and HDFC BANK. In fact, a similar trade is also setting up in HDFC BANK.
https://www.tradingview.com/x/CfGdAH4j/ ✅SILVER is going up to retest a horizontal resistance of 31.00$ Which makes me locally bearish biased And I think that we will see a pullback And a move down from the level Towards the target below at 30.75$ SHORT? ✅Like and subscribe to never miss a new idea!✅
snxusdt looks like in accumulation phase .we might see one or two more lows before gearing up . alts season coming soon .
ETH Move average is heavy and strong , im waiting for a short term scalp short for 1 percent and after that Big move +20% percent swing Long #ETH #long #midterm
Finally, price has reached the zone of $105K, which we have been waiting for in order to see the next kind of weakness to kick in on the markets. Now we are looking for price to get rejected by that smaller resistance, which would then form a potential MSB on smaller timeframes and result in a movement to $92-93K. If we do not get the rejection we are looking for, then we will just slowly go towards the ATHs for a quick re-test, so let's wait for more confirmations now! Swallow Team
BTCUSD(H1) SELLING DOWN TO $102500 According My Personal Analysis Btcusd Move Around These Areas Chart Price Current 1051OO I Can Expect If Price Break Its Resistance $10700 I And In Short If Break The Support Zone $102500 It Can Further Falls To $100700 key areas KEY AREAS AS PER MY ANALYSIS ENTRY POINT $105300 TP1 $103500 TP2 $102500 SL $106700 KEEP FOLLOW LIKE ANS SHARE FOR MORE IDEAS AND ANALYSIS
Bitcoin has executed a manipulative movement as we anticipated, resulting in our stop from the previous trade being hit. However, this situation has now paved the way for a new take-profit target that is set above 115,000. In this context, we are looking to establish a long position with a relatively wide stop, as the potential for profit is significant. Over the next 4 to 5 days, it is crucial that we reach 115,000; otherwise, the position will be considered invalid.
GOLD 30/1/2025 Happy CNY everyone! Target gold buy to 2774 area.