The counter XAGUSD is moving upwards in the support trend line from 06th May. The support trend line has been tested thrice at the prices 25.68, 27.18 and 27.55. The price is still maintaining above the support trend line and there is no indication for a breakout. The buying pressure of the market may pull the price even more upwards. The existing...
I SEE ON 1 DAY ICICIBANK CHART THERE IS AN INVERTED HEAD AND SHOULDER PATTERN AND THE PRICE ACTION IS UP SIDE THE TREND IS BULLISH.
MY TARGET IS = 690, AND 740.
HERE I USE A 20 EXPONENTIAL MOVING AVERAGES WHICH DECIDES THE RIDING TRADE. IN THE BULL MARKET.
The counter USDCHF was traveling between the price range of 0.9322 and 0.9211 in the parallel channel . Determining the trend of the counter is very tough when it is in the parallel channel . But today the counter breaks the top line of the parallel channel and the buying pressure of the market may propel the price even more upwards. The bullish...
Yes it's PFC
BUY: 94, T1: 105, SL: 87
The chart explains a great learning of pressures.
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Disclaimer: Do your own analysis or consult with your financial advisor before taking any action.