LOOK FOR EITHER SIDE BREAKOUT RSI DIVERGENCE SUGGEST SHORTING BUT WAIT FOR REJECTION
3rd wave has started in GJ. We can expect the target for 3rd wave at least equal to the wave 1.
RSI DIVERGENCE + STRONG RESISTANCE ZONE CAN TEST 1.168
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (1.5670). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURCAD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Stop looking at the charts as a retail trader & look where the big money is located. Price doesn't stop because of support or resistance, Big banks don't care about your support & resistance, head & shoulders pattern, trend lines, cup & handle and all that bullshit.
EUR USD has given Rounding BD on 15m chart. Trade as per Price Action. SL level marked with Red Cross ( Closing Basis. ) If downside persists then can touch app 1.1570.
Clearly todays inventory data showed fall in reserves of inventory. So when inventory data is less it implies that lot of crude which was saved up as reserves were put to use or in other words consumed. Now I want to shift your attention to this term " PRODUCTIVITY OF A COUNTRY " When crude is consumed like the data shows it means productivity of a country is...
Analysis mentioned on the chart.
USDINR is looking bullish due to 2 reasons. First, a lot of tails are visible and tails are a sign of demand and we can expect the price to move higher with momentum. Second, a previous up move. During March, there was a strong rally towards 77 level and from there price is consolidating in a falling parallel channel. This structure is similar to a bull flag and...
Analysis mentioned on the chart. As long as the support holds , the pair should move up for a corrective move as wave 2 .
US Dollar/Japanese yen :- Downside channel breakout go long for 106 target & 103.5 sl #Disclaimer:-I just shared view for only educational purpose.
GBPUSD - It's one of the rarest days we are witnessing today, I suggest you to trade with small lots. My approach at this point of time in GBPUSD will be a short sell at current price 1.28500 Potential target 1.27680 Maintain stop loss at 1.29000 Traders, if you liked this idea hit the like button & write in the comment section. Why you should follow this...
analysis mentioned on the chart
GOLD - Looking strong at this point of time on bigger time frame as well, My approach should be a buy here at current price 1969 Potential upside 1990-2004 Maintain Stop loss around 1958 Follow the levels properly as mentioned and use proper risk management. Traders, if you liked this idea hit the like button & write in the comment section. Why you should...