Prices are still being held down by a downward trend line, Investors are advised to stay short. If prices break above the trend line, we can go long again. Sell Limit 54.40 TP 51.30 Follow me ! Show U The Money ! ---------------------------- - 2019.06.11 in
risk reward as far as i think its good in long trade , then to go short , i can be wrong but its fine , as the sl is small , while in short trade i might get stuck ! and reward nthere is clearly undefined !
Midterm forecast: 58.05 is a major resistance, while this level is not broken, the Midterm wave will be downtrend. We will close our open trades, if the Midterm level 58.05 is broken. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A trough is formed in daily chart at 50.70 on 06/05/2019, so more gains to...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (14.60). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XAGUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support....
So Sugar did give the breakout that I was anticipating. Earliest targets could be the previous 240 highs and it could go beyond- probably as a corrective upmove . For fresh longs, waiting for a pull back or a corrective structure seems to be a good idea!
Bearish Butterfly Harmonic Pattern in 1330-1335 Zone Downside Targets 1310/1300 Support Zone 1295-1300
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1310.50). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XAUUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Buy Above 1310 For TARGET 1340-1380-1420 CMP 1288 SELL BELOW 1260 FOR TGT 1220-1200-1180 WEEKLY AT BUY 1285 WITH SL 1280 FOR TGT 1294 @Disclimer:- Make Own Research Before Take Action in Recos This Post only For Education Purpose Only Follow More Live Updates :- Youtube/Telegram/twitter :- @NseDerivativeDesk Query on Whatsapp:- +91-7440557654 Thanks !!
Gold finally made a decisive move as it broke out from the flag on the upside changing the trend to bullish after more than 2 months. The consolidation which it was in from past few weeks ended with a massive move of $21 happening on the upside with gold ending well above the psychological $1300 mark. The week was a huge one with the candle having a range of more...
CL has made a spike low near crucial Long term levels of 51.90. Here is a potential contrarian trade set up with 3x win opportunity , plan being this low should hold for the pullback to be valid, else we should look for a test and break of 51.90 areas
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1310.50). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XAUUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...