Prices are moving up in an impulsive manner. One should buy on cmp or any dips, keeping SL of 114 look for the tgt of 117
It may continue its down trend after a big fall of market from the resistance. So we can look for sell after a retracement.
If the market reverses from the resistance then we can look for short the market. Otherwise it will continue its trend in upward !have good day
After breaking the correction pattern it may move further down. Wait for the perfect reversals or retest. Have good day!
Forming a good sell moment in eurchf. wait for the corrections and further breakouts. Have great day!
if the corrections are true then it may go down. !Happy trading
Great head and shoulder pattern is formed. It may go to the level 121.281 Have great trading!
Wait for the 0.87914 level to break. Then it is possible to reverse the market till 0.86077
!important Fib 0.382 level. Chances to reverse from this level
According to elliott wave rule , in an impulse wave 4 cannot intervene into the the territory of the wave 1 . The current structure shows that USDCAD is forming a wave 4 & is likely to end soon. One should go short on any rise keeping SL of 1.2595 & look for the target of 1.2285 and 1.20500 and below.
Usdjpy is unfolding in a complex corrective structure as a double zigzag. One should sell on rise near 113.6-113.7 keeping SL of 114.05 for tgt of 112.9 .
Impulse - Correction and i am currently looking for continuation. or form a double top to short this pair
XAUUSD : Too many levels and too many opportunities but TIMING IS THE MOST IMPORTANT FACTOR. Don't trade in the middle, trade at the levels when market will be in our favour. Option1: If market bounces from the support zone of 1750-40, we can BUY. Option2: As the market has...
USDJPY: We had plenty of opportunities in the past hopefully we will get another good trade again. Though the market is standing at a very strong resistance, still market is not going down. It clearly shows the presence of BUYERS in the market. And considering the trend of the market, we should mainly look for BUY opportunities only. Option 1: If market retraces...
On the weekly chart we can see that after an uprun of 1400 pips GBPAUD is retracing, taking rest. Though it has slipped below the weekly support of 1.8670, still we saw some price rejection from below. Therefore, If price goes up from here and and start trading above the safe zone of 1.8670, we can BUY with an SL below the support. TARGET: 350-400 pips
After falling near the level of 0.74800 AUDUSD has found its bottom near the level of 0.717000. If we observe carefully we can see an inverse Head & Shoulder pattern whose neckline has been broken decisively in today's session. From the perspective of Elliottwave analysis , we can see a Leading Diagonal & a three wave correction followed by a rally above the...
New Signal EURUSD EURUSD - Sell Now ENTRY - 1.1599 TARGET - 1.1571 STOP LOSS - 1.1611