Short-Term View: A strong breakout above key resistance at ₹1,100 with volume surge indicates bullish momentum. Price reclaimed the 50 EMA after consolidation. RSI at 60.87 supports strength; next resistance lies near ₹1,193.90. Long-Term View: Structurally strong after correction. Sustaining above ₹1,020 (50 EMA) may attract fresh buying. Long-term targets can stretch to ₹1,300+ if earnings and demand trends remain favorable. Conclusion: Bullish momentum likely to continue both short and long term. Watch for volume confirmation and hold above ₹1,100. For Education Purpose only
The pattern i made is based on the bitcoin 4 year cycles and support/ressistance areas. I think the top will be at 170-200k, but its not really matters because i will get out at the end of the year from everything and start a short and not comeback until exactly 1 year from the top or wait until the blockware gravity model is equal with the price, then all in bitcoin, after that i will wait 1-1,5 years and hold btc, then re enter into alts. Its just a post for my future self.
Potential inverted Head&Sholders forming with target to 300$ zone. But, before moving up it shall retrace a little bit. Not financial advice, only for learning purpose published.
Basic Fib Framework for the ZN US Treasuries with anchores on 110 and 134 to give a range of 24 for the base reference range. 24 h = 1 day , any connection ? https://www.tradingview.com/x/gkWhO9q1/
The index has been moving sideways since last few days this week but has moved upwards with fine volume as we had analyzed on Tuesday (April 29th). The index still looks strong enough to continue the trend further upwards.
DGKC is entered into bullish zone, Note: This is not a buy/sell trade call.
OANDA:XAUUSD fell to a two-week low on Thursday (May 1), mainly due to signs of easing trade tensions and a long holiday in China, the world's largest gold consumer. Investors will be looking ahead to the US non-farm payrolls report due today (Friday), which is expected to cause major market movements. Easing trade tensions between the US and other countries have kept investors optimistic throughout the week. In addition, easing US-China trade tensions have also added to the pressure on gold as there are no additional risks to stimulate safe-haven demand. US President Donald Trump has decided to exempt some tariffs on the auto industry and made progress on deals with India, South Korea and Japan. On Wednesday local time, Trump said there was a great chance of reaching a trade deal with China and that there were "potential" trade deals with India, South Korea and Japan, and that he was working to reach agreements with the three countries. The Trump administration hopes to reach preliminary trade agreements with several trading partners within weeks, U.S. Trade Representative Greer said Wednesday. U.S. Commerce Secretary Mattis Lutnick said at least one trade deal is close to being announced, several others are close to being finalized, and Trump may be waiting for an opportunity to announce them all at once. Data released on Wednesday showed the US economy contracted in the first quarter and the personal consumption expenditures (PCE) price index was flat in March, turning investors' attention to the non-farm payrolls report due out today (Friday). The US non-farm payrolls report for April will be released on May 2 (8:30 a.m. ET). Expectations for the non-farm report are that traders and economists expect the report to show 133,000 new jobs in the US, average hourly earnings increased 0.3% month-on-month (up 3.9% year-on-year), and the U3 unemployment rate remained unchanged at 4.2%. Fed policymakers said they would keep interest rates on hold until there are clear signs that inflation is falling toward the 2% target or there is a possibility that the job market is deteriorating. https://www.tradingview.com/chart/XAUUSD/o8mqxQr8-GOLD-drops-sharply-to-43-important-support-area/ Technical Outlook Analysis OANDA:XAUUSD Technically, gold remains in the best position for bullish expectations with support from the EMA21 and the 0.50% Fibonacci retracement. Meanwhile, the Relative Strength Index (RSI) is also reacting to the 50 level, which is considered the closest support in terms of momentum. In the short term, if gold returns to trade above $3,270, it will be considered the best condition for a bullish recovery to end the broad-based correction. However, if gold is sold below $3,228 and maintains its price action below this level, it will likely continue to decline with a subsequent target of around $3,163 in the short term. In the day, considering the current position, gold still has conditions for a bullish outlook technically and the notable price levels will be listed as follows. Support: $3,228 – $3,163 Resistance: $3,267 – $3,270 SELL XAUUSD PRICE 3270 - 3268⚡️ ↠↠ Stop Loss 3275 →Take Profit 1 3262 ↨ →Take Profit 2 3256 BUY XAUUSD PRICE 3174 - 3176⚡️ ↠↠ Stop Loss 3170 →Take Profit 1 3182 ↨ →Take Profit 2 3188
After we had a small run-up, we will start testing 3267 again, but this time as resistance. We will probably se the start of next leg down during NY session, that will continue during next week, with start at Sunday night in next Asia session.
Gal is entered into bullish zone and may gross 500 and 550 level. Note: This is not a buy/sell trade call, it is for education purpose, use stop loss.
after news yesterday, USDJPY made the strong spike and did a liquidity swipe on late buyers at Tokyo open. well, the whole week see bullish in play, leaving some FVG in HTH, very ideal for TGIF setup. As soon as I see the bearish candle in H1 TH, enter 100% lot size with expectation of retracement to 20-30% fib, as ICT's textbook. #propfirm #100k