The current market price of EURGBP is sitting at support area. Considering the previous Daily price action, the price is forming lower highs into the support area which means buyers are not strong enough and sellers are rejecting any jump in price. The current price actions is forming a DESCENDING TRIANGLE, which is a bearish pattern. But it will be activated only...
take advise of financial advisor & trade AUDUSD looking good on charts for both breakout and breakdown
May can go downside.. beaautifull beakout.. go short chfjyp
EURNZD FOR GOOD BUYING .. Don’t miss this opportunity
price has reached near previous 25 days high, at an important level of 90.15 , if this level is broken than the price can go upto a target of 90.900 and then 91.33. price is above 200 moving average right now if it shows weakness and closes below 200 MA than a short trade can be taken below 89.5 and target of 88.65 can be achieved . note- trade must be taken...
symmertical triangle pattern is formed by gold on 1hr time frame tarde can be activated if it brakes the range. go long if it breaks above 1984.5 and target can be made of 1999. short can be played below 1957.77 for the target of 1936
Here is my analysis on GBPUSD, what do you think? Will it go as have predicted or not?
Hello Friends, Here, I have plotted Dollar Index in daily time frame with RSI . Apart from I have drawn sliding parallel channel. Since couple of days, Dollar Index is taking support at 101.33 level. Here, I have observed sign of trend reversal. Anyone can take long position in all forex major currency pairs with own risk management methods.
In the 30 minute chart, we have drawn a sliding parallel channel. It is apparent that the Swiss Franc is strengthening against the Australian Dollar. This fluctuation also correlates to the news of the UBS-Credit Suisse merger. Anyone can open a short position and profit as long as price movements are contained within a sliding parallel channel.
In the past times, USDINR is trying to hold its level and now we can see more rise above the levels Characteristics of Triangle pattern A pattern that has the following characteristics is more effective. + Before breaking out, prices need to touch both resistance and support levels at least twice each for the pattern to take effect. + This pattern gives a...
On observing hourly candle and fifteen minute candles, EURO seems more stronger until it breaks level of 87.1138. Immediate target is around 87.4127. This only for education purpose only.
Hi All, Looking at chart for the pair, I previously expected the pair to form an inverted H&S, but instead of that, the pair is trying to form a DB to move ahead. The plan is to look for a short sell in this pair. Entry , Sl and TP marked. Thank you
DJI Intraday Level for 13 Feb Selling happened in market
Hii This is my analysis on gold first i used green monthly trend line if it breaks market will go down . if comes toward the mean of the line or say pullback in uptrend is consider . and price touches red color resistance zone almost 6 times . if it breaks and retrace is consider as perfect breakout . so wait for breakout . and i use Hikanashi to show...
Going long on EURCAD with the setup on the chart with good RRR.
GBPAUD BUY POSITION 1:4 risk ....................... ALL the best..........
AUDUSD Long Idea EP: 070823 SL: 0.70619 TP: 0.71145