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LEVELS FOR...
Currently Price sit on Weekly Support Zone That Was Broken & It turn to Resistance So Carefully watch this zone For Sell around 1805 to 1810 After Confirmation of Momentum To Down Side. Good Luck For Next Week.
WHY BULLISH ?
> 110 Neckline on a weekly chart has been broken with a high strength almost marubozu candle.
> RSI divergence also has been broken as seen in the picture.
> Again at the same time as I am writing this - global market sentiment along with national market is bullish.
> 1 is to 2.5 approx. risk reward ratio is achievable in this .
> Still best...
Setup Contains:
1. Bearish Institutional OrderFlow
2. Monthly POI Rejection
3. Bullish Structural Shift
(Short Term Sell from 50%
IMBALANCE/Daily Premium OB-)
4. Long Term Buy from Daily Discount
OB+)
TRADE WITH PAFX, TRADE LIKE BANKS 🏦
Stock moving out of the base. The range of the base is mere 5 % , daily volumes were more than average daily volumes of the past month.
The moving averages SMA of 200,100,50 & 20 are near to each other, which shows this can turnout to be strong base. An entry point near to all SMA reduces the probability of breaking the base. I've attached link of the chart ...
My views on Manaksia Ltd stock is may be given good profit in coming weeks. Because this stock Volume has Increased, now price at Support Area in weekly time frame , formed Hammer Candle pattern and Trend line is moving up.
My view on Hindustan Aeronaut stock is may be given good profit for 16/08/2022 Weekly. Because this stock Volume has Increased in weekly time frame and formed Bullish Engulfing pattern with Momentum.
My view on Amber Enterprises is may be given good profit. Because this stock Volume has Increased, now price at Demand zone in weekly time frame and formed Hammer Candle pattern.
Many people including me start as a gambler in forex trading and trade until they lose it all.
But this can be avoided and a consistent income can be generated through forex trading if we follow few rules (no rule is perfect, I have made them using my exp, they might not be same for you)
-Maintain journal note book
-always enter target and SL or trailing SL in...
We forecasted and shared our view of EURAUD, where we were looking for a BUY to SELL scenario. The full target was not hit just by 04 Pips, the market sell off from there!
We got -
215+ PIPS, 1:2.6+ Risk to Reward Ratio!
potenital buys above 1791.28 if 1hr candle close above that support and next candle creates a down wick and breaks the marked location .
easily secure at 1796.68 at put Partials at BE
SL will be below the support at the bottom of the wick of current candle.
TODAY IS FRIDAY SO LESS VOLUME THATS WHY CLOSE 50% WHEN PRICE GO BELOW THE SUPPORT AND CLOSE FULL WHEN...
•Good Evening Friends!
•BONUS LEARNING POINT:- SELLING ALWAYS FAST.
•For Buying (Buying CE) Or Shorting PE
We Can TRADE On Our Money Management And Risk Management When Market Opens Flat And Then Cross The Last Swing High.
•For Selling (Buying PE) Or Shorting CE
We Can TRADE On Our Money Management And Risk Management When Market Opens Gap Down And Then Create...
