Forextrader
XShort
M&MFIN | Bullish Flag FormationTarget - 224, 245. CMP - 214.90 BSE:M_MFIN
We can clearly see in the daily chart that it has formed a pole & flag kind of a pattern which has already given a breakout of the 215 levels. If it sustains above this level, we can expect a target of 224 and a further target of 245.
USDJPY 4HR Analysis "SHORT" Hello Traders,My current analysis on this trade is really a good risk reward ratio 1:3 .As per last week analysis the price is currently sitting at a key support level and did not push further down.There a lot of buyers in the market currently which gives us a good opportunity to enter buy side at 107.41.Hopefully we close this trade on positive side.Please feel free to comment ask questions.
GBPAUD is in a downtrend, looking for a sell opportunityGBPAUD is in a downtrend on daily & 1 Hr, as you can see there are two sell zones and one of them holds a golden zone of Fibonacci 50%. So I would expect the price to come to the 50% and wait for bearish price action signal to confirm my sell call. Profit target will be the next support level. Keep an eye on this one. Lets see what happens.
I am not a financial advisor and my analysis are just for entertainment or educational purposes, I don't recommend any of my trades. Please use a stop loss and do a favour on yourself by not blowing up your trading account & your hard earned money for which you have grinded your ass off!! Lol
GBP/NOK is in a downtrend, looking for sell opportunityGBP/NOK was ranging earlier, then went up and shot down creating a lower low & lower high, is in a downtrend right now on both daily & 1 hr chart. As you can see there are three sell zones marked. Price can test any zone, I can't say which one. If I see a bearish price action signal on the third zone from top, then I might take a sell call.
This is just for educational purposes, I am not a financial advisor, Control your risk and save your account from blowing up






















