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Bearish Patterns

SHREECEM: Bearish RSI DivergenceBearish RSI Divergence spotted on the Daily time frame. The price has been consolidating for the past one week while showing losing momentum with the falling RSI . Entry Point has been marked along with Strict Stop Loss and Target 1 and Target 2 based on Support and Resistance analyzed on the Monthly/Weekly/ Daily Chart time frame. Book partial profits at Target 1. P.S: Enter only if the stock breaks the Trend Line on 8th March 2020. Let me know your thoughts on this. Cheers!!!
NSE:SHREECEMShort
by prajwalbkumar
💡Don't miss the great sell opportunity in GBPJPYTrading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (151.07). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GBPJPY is in a downtrend and the continuation of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 32.09. Take Profits: TP1= @ 149.70 TP2= @ 149.40 TP3= @ 148.70 TP4= @ 148.15 TP5= @ 147.45 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_ME
4
XAUUSD(GOLD) - BEARISH TREND Description: The counter XAUUSD is in the descending triangle from 31st March. The support baseline at the price 1676.48 and the resistance trend line at the prices 1755.62 and 1745.98 together form a descending triangle. Today the price is moving near the resistance line and it is expected move downwards. The bearish trend of the counter may continue further in the counter. The curves of the stochastic indicator are at the level 80 which gives additional support to the description. The major levels for this counter are R2 –1746.72 R1 –1738.10 PP –1721.92 S1 –1713.30 S2 –1697.12
OANDA:XAUUSDLong
by WohlstandMarketsLimited