I will buy AUDUSD because : It has been taking support at the trend line . So will be looking at buying opportunities. Entry : 0.75318 Target : 0.7572 Stop loss : 0.752
If you like this idea please hit like button ************ ************** ******************* NZDCHF breakout found on daily chart one can make long position at market. buy at 0.62750 sl 0.62000 TP 0.65000 Note:- Please d your own research before taking any trade. Thanks
The US benchmark index has given a rounding pattern breakout on hourly chart. Though the breakout was given just an hour before market close on 4th Dec 2020, but today's gap up has continued the upside. As per the bullish breakout of the pattern, dow jones can touch app 30850 - 31000. And as per the current chart scenario one can buy with a stop loss below...
analysis mentioned on the chart.
analysis mentioned on the chart.
Analysis mentioned on the chart.
The US index Dow Jones has formed a Cup & Handle pattern on hourly charts. Breakout is awaited. A valid upside breakout will lead to further upside but previous swing high may act as a supply zone.
Howdy Traders , This is 30 minute time frame chart of AXIS BANK. You can see that waves 1 to 5 are completed. The retracement of wave 1 is 61.8% and retracement of the wave 4 is 38.2%. The 3rd wave is extended and in that we can see other degrees of Elliott Wave cycle. The 4th wave can make an expanding triangle. Let's Wait for wave E 5th wave can travel up to 61.8%.
1) Wait for the price to reject at the entry range and take long position accordingly 2) If broken down , check for 4H candle close below the buy level to go for a SHORT POSITION . 3) May wait for trendline breakout and retest for more confirmation . 4) 4 Targets are given . targets 3 & 4 might be difficult to achieve because of the trendline . trial your...
The daily is turning down against the March highs at 111.68. The 4 & 1 hour are turning up against 103.14 to correct the cycle from the May highs. While above 103.12 the pair can see strength toward 107.00 before a turn back lower. Sell @103.85-104 TP: 103.25 SL: 104.20 Good luck !
Clear buy as the price has come to strong level of support Entry 137.90 Sl 137.50 Tp 139.45
analysis mentioned on the chart
Australian Dollar against USD, looking weak , it might finish the week by reaching the the price of 0.71800 area..
XAUUSD, H4 Price made a huge drop yesterday, and now looks like it’s holding off the 1860 support level, could we see price complete this descending triangle pattern or will we see a continued break and a new trend? Watch out for price action confirmations of both at either the support level or resistive trend line BUY XAUUSD @ 1876 TP1: 1884 TP2: 1896 FOR SL...
The daily is turning down against the March highs at 111.68. The 4 hour is turning down against 106.11 October high. While below 105.34 the pair can see further weakness toward 102.50 to 102.00 before a bounce corrects the cycle from the 106.11 October highs. LONG USDJPY @104.50-104.20 TP: 106.00 SL: 103.80 Good luck !
analysis mentioned on the chart.
As provided in the last idea , USDCAD was in a formation of ending diagonal which has completed in today's session. Right from there we have seen an impulsive move in upward direction. This impulsive move is providing a signal that the ending diagonal & so correction of USDCAD has been completed. Expecting the pair to extend its third wave & give a closing above...