USDJPY Diamond pattern

• USDJPY Four hour chart with a diamond pattern.
• If price breaks 82.66 we may see good correction in this pair.

SPY Consolidation Breakout

• SPY 30 minutes chart with consolidation breakout.
• Immediate target for this breakout is 129.50 level.
• Price may retrace to fill the GAP before moving towards 129.50
• DOW JONES BROADENING PATTERN
  
  

Nifty Futures one minute chart

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• Nifty futures one minute chart with 50 minute moving average.
• We got a good entry when NF broke above 5760.
• One who trailed it with 50 minute moving average is still in the trade.

Nifty takes a pause

• At 5690 level nifty has taken a pause from falling. But we should see more reversal candles for confirming a bottom formation.
• Indicators like stochastic and macd still favours bears. Stochastic is approaching oversold condition but it has both possibilities one can see a reversal from here or nifty can slide another 150 points with stochastic staying in oversold region. so one should be cautious while following indicators. See those reversal signs in price then confirm it with indicators.
• Weekly chart shows supporting trend line near 5450 this is only if 5690 gets broken. If nifty stays above 5690 we may see a bottom formation soon.
• GOLD ABOVE 50 HOUR MOVING AVERAGE
  
  

GOLD above 50 hour moving average

• Gold hour chart with 50 hour moving average and the Ichimoku cloud.
• Price has broken above 50 Hour moving average and the cloud.
• If price crosses and sustains above 1385 we may see 1400 again.
• Price breaking below 50 hour moving average will favour bears.
• DOW JONES BROADENING PATTERN
  
  

Dow Jones Broadening pattern

• Dow Jones hour chart with broadening pattern.
• Price is trading above its 50 hour moving average.
• Resistance in hour chart is at 11742 and Support at 11573 levels.
• If 11742 is taken out price may rally till the resistance line of the broadening wedge pattern.

US Dollar Hour chart analysis

• US Dollar Hour chart is in correction mode after good up move.
• If this correction does not break below 50 hour moving average we may see Price breaking above the upper resistance line of the small descending channel.
• Price should sustain above 81.50 for good up move to happen.
• Breaking below 50 hour moving average and the support line will be negative for US Dollar.
• ES DAILY CHART ANALYSIS