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.
USDCAD - 15 min Analysis Buy Target 1.2705- 1.27181- 1.27313 1.275- 1.276-1.278
After rising in an impulsive manner EURUSD has given a fall which looks to be a corrective move of the previous rise. The correction is still pending & the pair is till expected to fall upto the level of 1.2700 in the coming session.
Broken monthly trendline after a strong consolidation near by its resistance which indicates buyers decided to step in finally to move further. In weekly time frame its taking a perfect retracement one If the next week ends in green and moved above the last two weeks high we can go for long.
Good place to short for GBPAUD. I am waiting for this position from quite a long time now
USDINR in an uptrend. Buy USDINR at blue level. Keep Strict stop loss at 75.1500 Expecting to reach 75.5000
USD INR in an uptrend. Buy USD INR at 74.7600 Keep Strict stop loss of 74.6765 When 4 hr candle closes above 74.8800, buy more lots for the target of 75.1500
I was waiting for EURNZD to reach to this level , We can go short from here and can make SL 40 Pips and RR Ratio 1:1.5
It touch 68 fib level and sellers are getting week in the market. We can see bounce back to next fib level.
GBPUSD go short . it was unable to breach previous high, so we keep a little above that stop loss .
Its a good point to go short . Touching trendline on daily timeframe.