Possible buy above 0.77200 #cad chf waiting for validation entry point. Price reacted from previous resistence turn to be a valid support and overall bull market expecting continuation to upside. thanks.
Don't be overexcited this may be trap candle because market still bearish. Wait for next horizontal support. Don't make any new position for long.
Nifty in a downward slopping channel Current bounce can be expected to reach 16500-16600 levels And selling to commence after that taking market to at least 15500 level although further downside is expected. Current market is positive as the oscillators are showing positive momentum and the daily candle is a bullish harami/hammer. Market will rally to fill up the...
The point of cotraflexure is a point when you draw your trendline is nearly correct then you will get this type of combo If market is down trend and price touches it from low then price maximum time get rejected and trend continued and vice versa for up trend
EURUSD dribbles around a monthly low after breaking the six-week-old horizontal support. That said, the downward sloping RSI (14) line, not oversold, joins bearish MACD signals to also hint at the major currency pair’s further downside. With this, the sellers brace for the yearly low surrounding 1.0350. However, the RSI line and nearness to the Fed may restrict...
Wait for ressistance breaks Currently no trading zone Stock already taking support on trendline and horizontal support You can buy here but keep stoploss of 172
Flag pattern in weekly time frame which means after ressistance breaks it goes upward directly like previous history. In daily time frame market shows uncertainty which if it breaks support it shows downward. Macd also show downward signal. Wait for ressistance or support break.
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Asian Paints is in downtrend and it has formed a Morning Star pattern. Volume is also good. Trend reversal may start from here. Presently it is at a very crucial support as indicated in the chart. Trade Carefully!!
EURUSD SHort, Because of support resistant, trend line and wave analysis i a expecting a downfall in market i knew i am quite late in posting this position, actually i forgot happy trading day guys
It seems like market is on 2nd wave now, so i am expecting a good return soo please use trailing SL method and use can use peramiding pattern of taking position to earn more in every next confirmation happy trading day guys
Gold prices remain sustainably below 200-SMA since late April, pressured inside a three-week-old rising wedge of late. Given the steady RSI and sluggish MACD, the bearish bias is likely to prevail. However, a clear downside break of the stated wedge’s support, around $1,844, becomes necessary to confirm the downward trajectory towards the yearly low marked in May,...
it can show uptrend if it break 687 level. And we need next red candle confirmation to show down trend or it can consolidate in his descending triangle pattern.
XAUUSD Long, because of support resistant trendlines and candlestick pattern happy trading day guys
GBPJPY Short, because of support, resistant, trendlines and candlestick pattern happy trading day guys
AUDCAD Long, because of support resistant trendlines and candlestick pattern happy trading day guys
GBPUSD Short, because of support resistant trendlines and candlestick pattern happy trading day guys
Although EURUSD battles a four-month-old resistance line, the lower high of prices contrasts with the higher high of the RSI (14) to portray a hidden bearish divergence and tease sellers ahead of the key European Central Bank (ECB) meeting. That said, the 21-DMA, around 1.0635 appears to be the immediate support to watch during the quote’s pullback ahead of...