Silver is forming a nice H&S and nested H&S IF price breakout of the rectangle at the right shoulder it could go higher
SUMMARY:- *expecting retest of $93 *pattern breakdown is visible in the charts *but prices as of now are news driven *further relaxation in war news or de-escalation news will bring price down further *USA diving into its strategic reserves will make sure prices cool down further *for the time being $100 mark is broken eventually expect levels of $83-$85
Gold is a Hedge against Inflation and as well as Uncertainity, Best Suitable for Current Environment
After sideways correction, Recently Silver started new impulse move, and now setup suggests that probably wave a-b-c decline in wave ii is complete, Silver retraced nearly 61.8% of the recent rise, also retested its triangular breakout point and recovered sharply. Once it gives positive close above 0-B trendline (purple resistance trendline) then it confirms that...
Based on the current scenario we can clearly identify that Gold is approaching a major breakdown as it has its downtrend resistance at 1950, considering that we can acknowledge 1944 as a reversal point and soon in upcoming time we can expect this bearish trend to test all the levels up to 1890. The Best thing is to stay bearish with a stop loss 1950, and if it...
Gold retraced 61.8% of previous rise, it tooked support perfectly from 61.8% and lower bollinger band on daily time frame, and it had once again managed to hold above the RK's stop loss line on the closing basis, after taking support & closing that doji type red hammer candle, next candle closed positive and also given good follow up upwards, also buy signal...
Refined Entry based on OB. Entry point refined to give min Sl to max reward. better to view in 5 or 3 mins chart.
Setup Contents: 1. Buy Side Liquidity Purged 2. Bearish OrderFlow 3. Internal & Major Structural Break 4. Return To OrderBlock (Expecting) We'll be looking for GOLD to come back to the OrderBlock area and give us enough confirmation and LTF Setup for Entry. FOLLOW PAFX & TRADE LIKE BANKS 💸
Buy Jindal Steel & Power for Positional Trading as well as Investment.💸🔥💸 Comment your views‼️😄 . ✔️ Technically & Fundamentally Strong💪💪 . 💎@technofunda_trader Few Important rules from my Trading Philosophy: 1. Don't compromise on the quality of stock. 2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or...
: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter
GREAVES COTTON LTD ---POSITIONAL DAILY CHART BULLISH SIGNS. 1. Double bottom formation around 155-156 level from where trend reversal seen 2. Trendline breakout seen at strong support line 160-165 3. Last candle bullish strength seen at high of candle 178 is short term resistance 4. uptrend confirm once 180 level breakout upside at closing basis that means...
Small stop-loss and a good target. Crude broke out and probably gonna make it a support.
Coal India (Daily): 1. Stock has formed a Double Top 2. Also there is RSI divergence 3. Today's candle closed below yesterday's low 4. Closed below 5 Days Exponential Moving Average 5. First Support 172.50 levels
GOLD LOOKS good if it breaks the resistance level for continue moving UP. See other COnfluences and then confirm. Trade at your own risk.
What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Head and Shoulders Pattern Bearish Flag Pattern Trading Setup: There is a Trading Signal to Sell in Gold XAUUSD. Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 1944.77 ⭕️SL: 1968.26 🔵TP1:...
This is a conventional chart pattern - Head and Shoulder on the bearish side. This set up is most likely rewarding when completes. Here in the example I have taken Crude Oil (MCX) as an example. Profits are generally the height of the head from the neck line.
Long it if it test again the trend-line target will be the upper trend-line which is acting as a resistance tested 2 times.
Crudeoil seems short time sell trend in morning session. But I will try to find better buy on dip till the lower trend line safe. Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss. Disclaimer: Im not tip provider and this chart is not indented to take trade in...