Nifty is entering the last Quarter of the Financial Year 2024 to 2025 as per Indian standards. As Oct to Dec 2024 Quarter ended, I have tried to mark Important monthly zones. As far as today is concerned, nifty tried to bounce from a calibrated zone inside a daily support and micro support zone. It gives me a hope of a rebound activity in the Index. My first opinion considering toay's price action is positive for the index, if today's low is protected. Wish you all a Happy New Year ahead.
current speculation possible bear market scenario. if * we dont break above + retest previous highs. then target previous quaterly lows OANDA:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD FXOPEN:XAUUSD PEPPERSTONE:XAUUSD ICMARKETS:XAUUSD EIGHTCAP:XAUUSD PYTH:XAUUSD FX_IDC:XAUUSD SAXO:XAUUSD BLACKBULL:XAUUSD TVC:GOLD
Looks set for a stride towards 76.59. Interim projection leading to 83.36. Enter long with stop below 68.85
It looks as though we have a head and shoulders top in play with BTC. Left, head and right are clearly marked on the diagram. If, the red neckline should be broken then we go down to the 70s which will present a wonderful buying opportunity for those who are not in or want to buy a little more. Long-term, we're still very much on the upward trend but be careful if you have any day trades for longs as the most likely probable outcome is down. Follow for more.
In lower timeframes, Ethereum seems to be preparing for a bullish move. It has been consolidating in a range for some time. Considering it has accumulated buy orders below support 1, we expect an upward move. As long as the green zone is held, it can move toward the red zone. Closing a 4-hour candle below the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Btc could see another pullback at 92400$ before exploding to the upside . Target : infinity. Lets pump our bags .
The CRYPTOCAP:XRP is is forming a classic #DescendingTriangle pattern at the 4 hour chart on the way to the January 20th Inauguration.... But how eager to see XRP overcome gravity and break free from those bonds!
Reasons to be long on above are as follows: 1. RSI hidden divergence on the weekly chart. 2. MACD divergence for price to move up on weekly chart. 3. We have gone lower than 18 Nov low of 1.24872with lower volume. 4. 20/12/2024 bullish price action with strong volume which has been the low since then we are doing higher highs. 5. The dollar has topped out and has a bearish divergence on the weekly chart. These are good enough reasons to start buying long on GBPUSD.
Market has its own ways and moods so be kind and humble . No matter what indicator or technical analysis we use . These tools just help with the winning probabilities.Nothing is 100% guaranteed . Always respect market and be kind and humble . Always keep in mind that there is a risk associated and only trade within your capacity. Good luck !!!
⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: On Thursday, Russia's Federal Security Service reported it had prevented several assassination attempts by Ukrainian intelligence aimed at senior Russian officials and their families in Moscow. According to Reuters, the agency revealed that the attacks were to be carried out using bombs concealed in items like power banks or document folders. Meanwhile, the Federal Reserve indicated a more cautious approach to rate cuts in 2025, reflecting a shift in its monetary policy direction. This adjustment underscores uncertainties about future economic policies, particularly with the incoming Trump administration's anticipated strategies. ⭐️Personal comments NOVA: The year-end market is mainly accumulating, selling pressure is quite strong. Waiting for large liquidity zone to set up SELL signal ⭐️SET UP GOLD PRICE: ?SELL GOLD zone: $2622 - $2624 SL $2627 scalping TP1: $2618 TP2: $2613 TP3: $2605 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account