Gold (XAUUSD) has recently shown signs of a potential downturn. After reaching a significant resistance level, we are seeing bearish patterns indicating a possible shorting opportunity. With the current market setup, a short position on XAUUSD appears promising. However, it's crucial to stay updated with market news and economic indicators that could affect gold prices.
AUDUSD completed ABC and as per rtm also it reached the origin Swap FL. harmonic made deep crab. Now its time for a upside reversal.
Nifty is near to complete correction or major B and as per price action also price reached at origin LS Kink. this whole up move is just a correction of previous fall (A) already nifty completed it 5th wave with ending diagonal and this whole correction of ABC is due. Now it looks like B is completed and C will start and it will ne sharp fall as A .
Bank Nifty Analysis: A Confluence of Bearish Signals Across Timeframes Our in-depth analysis of Bank Nifty across various timeframes reveals a compelling collection of bearish indicators, suggesting a cautious approach for investors. Among these, the Bearish Wolfe Wave patterns on both weekly and H4 charts stand out, alongside the activation of the Bat Action...
GIFT made a bearish swap FL and engulfed major PAZs Currently price at swap level with trendline resistance and Weekly resistance . Most probably it will fall and make new low. Will be invalid ONLY if make new HH
Crudeoil tested LS Kink wiith 3Drive and Failed QM followed by Stacked RS. Lower side LS KInk already tested at retracement of 786.but 2nd wave looks like isint completed . one more fall expected before starting 3rd long wave.
EURJPY on Bat and got rejection from Monthly Key Level, Also on HTF iss completed AB=CD X to A is a sharp fall hence we consider current uptrend as correction of B and expecting a fall of C which will complete AB=CD at around 150
Nifty mafe wolfewave and it might give a fake out to trap buyers. 19103 is crucial level as per harmonic also. lets see how to react . Traget is very deep .
Nifty made new high as i said in my group on may 17, Now its time for a pullback. expecting it to hit 19087-103 It will become weak if it break 18592, targets on chart
US30 in HTF looks like forming bat, price swapped the base as per RTM and price approach forming 3 drive.It might take few months to reach target but once it react from C it would definetly complete prz
TVSNOTORS broken MS and retrurned to demand for collecting pending orders. Demand is aligned with LS. A very potential setup with good RR trade
Wipro forming bearish Gartley and prz is at hidden base which is aligned with left shoulder, in RTM terms we call it LS kink , Also known as Quasimodo/QM , Remember only short when we get a swap in atleast 5 min timeframe,
Nifty has wolfe wave with divergence , in RTM terms it call as fake out, stacked RS breakout and compresssion with dtive/wolfe wave clearly shows that its a fake out. alreadt did the swap of base so its just a trap.
BPCL has bearish wolfewave in FL aligned wirh LS/ Target on chart.
Syngene has bearish wolfewave in 30 mins tiimeframe, Tarage line on chart
Tatacomm made LS Kink , In simple terms its in strong supply zone and high probable sell setup
Silver has shark on daily timefram with perfect BC resiprocal. lets wait for swap and retest for final target.
Bullish Wolfwwave in coforge at FL. Target ion chart