CRUDE Oil chart update

• Crude oil continues to fall in a channel.
• Price trending down below 4 Hour cloud.
• Price testing 38.2% Fib level. Sustaining below this level may give a fall towards 50% Fib level

ES Ascending triangle

• ES one hour shows a possible ascending triangle pattern. Pattern Mostly works in favor of bulls.
• Sustaining above the 4 Hour cloud may lead to the recent high's again.
• Strength above 1688 levels.
• BIDU Resistance levels

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BIDU Chart analysis

• BIDU Weekly chart testing channel resistance line. Bulls need a channel breakout to extend the current up move.
• Weekly indicators are showing overbought levels but PRICE yet to show Weakness.
• GAP's in daily chart may attract price towards it if weakness is seen at resistance line.

EURUSD Trend update

 

• 4 Hour chart shows the up move being supported by 50 period SMA. Weakness for the trend only on price falling below this level.
• Daily chart shows price approaching a resistance line.
• One hour chart shows price testing 100 Hour SMA. Weakness on hourly time frame on price falling below this line.
• APPLE Chart update

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NIFTY Diamond pattern and support levels

• Nifty in a possible diamond pattern. The support line can be redrawn for this pattern as Price may do a small bounce from either the Golden ratio or the GAP shown in last chart. Diamonds are mostly bearish patterns.
• Price closed below 200 Day SMA which is a bearish event. If the fall continues below 50% Fib level price may target the Golden ratio or the GAP which is likely to give a bounce.

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APPLE Chart update

 

 

• Apple daily chart shows price approaching crucial resistance line.
• On a breakout and close above this line, price will move towards the falling 200 Day SMA which is a major resistance level.
• Apple is moving up from long term support levels as shown in the below link of the previous post. So the chances of a bigger breakout looks high.
• APPLE LONG TERM SUPORT LEVELS

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