April 14, 2015

  • Crude oil 4 hour and daily chart shown with resistance levels. Bulls need a breakout and close above these levels to extend gains. Otherwise price may start to correct towards range bottom.

  • ES got resisted at the falling resistance line.
  • Now bears need price to close below the Range middle area and One hour cloud to extend gains.
  • EURUSD at crucial support zone

  • EURUSD Near recent swing low.
  • Daily chart shows all recent swing lows are taken out by bears.
  • Hope for EURUSD Bulls only if the support is held and price moves above the daily cloud.


All the contents of niftychartsandpatterns are for educational purposes only and are not Investment Advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures. Niftychartsandpatterns shall not be held responsible for the actions of individuals, parties, or corporations taken in response to the ideas, thoughts, concepts or information presented in this blog. Hence all the visitors are requested to apply their prudence and consult their financial or investment adviser before acting on any of the Ideas in this blog.


Blog Archive

Powered by Blogger.

My Favourite Quote

"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore