Gold is moving down now. it will be up after reaching it 50% or 68% of retracement level.
TREND ANALYSIS & TRADE SETUP Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX. Wait for entry setup, if available then Long/short. R:R is 8 to 12 times.
Sell Zone for Intraday 2nd Dec 2019 MCX 4065-55 sell side
Was fighting hard to go up and now seller may finally over come. A 1:3 risk: reward trade on radar.
EXPECTING CRUDE TO FALL FROM CURRENT PRICE.... REASON FOR SELL CALL: 1) CHANNEL TOP IN 4 HOUR TIME FRAME 2 )GRAVE STONE DOJI AT 4 HOUR TIME FRAME AT CHANNEL TOP 3) HOURLY BEARISH ENGULFING 4) HIGHER TF TRENDLINE REVERSAL 5 )STRONG 4 HOUR RESISTANCE
USOil has again revisited the contraction zone which has proved to be a resistance again.....as per the wave structure, bias is toward the downside.....and the RR seems to be in favor.
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (56.22). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USOIL 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. ....
sl provided and must be folloowed strictly
Crude Oil might head towards $54 & below levels if the given breakdown is sustained
USOIL has formed a bullish candle and looks good for breaking out the contraction zone....
Short USOIL below 57.20 SL: 58.80 Will update targets once the trade is active
Short Crude Oil with SL 57.40... it can go 1 to 1.5 $$$ down.
The meteoric rise that we have witnessed over the past two months in this counter by 80% has been nothing short of a spectacle. However, now it looks like the paint is beginning to loose its sheen and the formation of bearish harami with a trendline breakdown is hinting at a potential reversal to the downside. The momentum indicator RSI is clearly signaling serial...
Go long if it closes above today's closing with huge volume then it will try to touch 226 and then 255-260. (Cash Only)