USDCHF Long trade Idea. All structures are marked in the chart. This is for educational purposes.
Hello trading friends, HOPE My posts are helping you to understand the logic. #USDJPY sell at 136.15 SL 136.34 Target 135.8 . #FOREX #Currencypair NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. NOTE: RESPECT The risk. SL should not be more than 2% of the capital. Happy Trading
Hi All, Looking at chart for the pair, I previously expected the pair to form an inverted H&S, but instead of that, the pair is trying to form a DB to move ahead. The plan is to look for a short sell in this pair. Entry , Sl and TP marked. Thank you
Hi All, Looking at chart for the pair, we can anticipate the sell trend is coming to an end. The month support holds good, Bullish candle in 4hr with good volume. We can see the price is now forming an inverse H&S(trend reversal pattern), where we are buying the head. The plan is to look for only buy in this pair. Entry , Sl and TP marked. Thank you
DXY breakout from resistance. Next target 108. Emerging Markets and Euro Zone/ Japan currency will be in trouble. USDINR may also break 83 levels soon. Once USDINR breaks 83.15 levels, 84 will very soon.
In 30m timeframe i got a nice trade idea for this pair if it will work out as planned then targets are pretty massive. lets wait for the market to come to that demand then i will look for some confirmations in lower timeframe (1,3,5m) for entry. if you like the analysis do follow me fore more daily trade ideas. I hope you have a profitable week
CADJPY tried to break out the resistance level but failed. now it has come to the lower zone again. Once the price will go to the same level we have the opportunity to short as sellers who missed the entry at breakout failure will probably be waiting to enter.
Theory: DIAGONAL: Diagonal are the motive waves like an impulse wave, but diagonals are different from impulse wave in that they do follow the first two Sutras (rules of impulse wave) for wave analysis, but it does not follow the third one i.e. Wave 4 should not intervene the territory of the wave 1. In a diagonal wave 4 always enters into the price territory of...
Theory: DIAGONAL: Diagonal are the motive waves like an impulse wave, but diagonals are different from impulse wave in that they do follow the first two Sutras (rules of impulse wave) for wave analysis, but it does not follow the third one i.e. Wave 4 should not intervene the territory of the wave 1. In a diagonal wave 4 always enters into the price territory of...
DXY is down just 3.7% from its highs and all its counterpart are behaving like the Fuel in DXY is over. There is no sign support broken on DXY 103.5 and 101.4 are the immediate support level. Once these support level got breached then only we can say that DXY has done with the top for the short term.
Analysis for GBPUSD. It has gone under correction zone with wave . Assuming a flat correction here still its not confirm either lets see where the market heads making a clearer picture to get into trade. This is clearly my idea and don't claim any signals, trade according to yours lookout and analysis Happy Trading Thankyou
USDCHF has concluded a FLAT structure and is rising in an impulsive manner in a parallel channel. The impulsive nature of the rise from the zone of 0.9500 suggests that the pair is likely to continue the uptrend towards the level of 1.0100 in the coming weeks. One should look for bullish opportunities for trading purpose. TRADING STRATEGY: Go long on dips...
Theory: DIAGONAL: Diagonal are the motive waves like an impulse wave, but diagonals are different from impulse wave in that they do follow the first two Sutras (rules of impulse wave) for wave analysis, but it does not follow the third one i.e. Wave 4 should not intervene the territory of the wave 1. In a diagonal wave 4 always enters into the price territory...
The Cup with Handle is a bullish continuation pattern that marks a consolidation period followed by a breakout. It was developed by William O'Neil and introduced in his 1988 book, How to Make Money in Stocks. As its name implies, there are two parts to the pattern: the cup and the handle. The cup forms after an advance and looks like a bowl or rounding bottom. As...
After a strong rally , USDCAD currency pair has formed an Expanded flat structure and is likely to trade lower in its wave-c in the coming trading sessions. Go short on cmp with SL of 1.30800 and look for the tgt of 1.28500
Usually this wave structure forms in an impulsive sequence as wave 4 . It consists of 5 sub waves as wave-a , wave-b , wave-c, wave-d and a final setback wave-e . Each of these waves consists of three wave internal structure. Each of the waves should not break their extreme points. The final confirmation to enter the position comes when the price gets close above...
Hello, US dollar currency index view & analysis on 1w chart index is making upside momentum on 99.750 is resistance level (identified from harmonic abcd pattern 2.0) index can correct from level & above level can go upto 101.700/103.650. (Targets identified from harmonic xabcd pattern level 2.272/2.618) it indictaes FIIs are pulling out money from equity market.
AUD/USD is in strong Uptrend . Ideally it should be brought around 0.740 with Stop Loss at 0.7296 and Take profit 0.7555. I am anticipating a strong uptrend as it is evident from tools like Support and resistance, MACD and other tools. PS: Please trade on your own risk.