SONACOMS (TF|W|) Bullish view .SONACOMS stock analysis Potential breakout opportunity
Chart Analysis : SONACOMS is displaying a strong breakout chart , indicating the upward movement in it's stock price.
CUP & HANDLE Pattern : The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation may be as short as seven weeks or as long as 65 weeks. A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift.
VOLUME BUILDUP: volume buildup near the breakout zone . Increased trading volume is a positive indicator, suggesting more interest in stock and potential momentum
GBP (British Pound)
GBPCHF - LONG TRADESymbol - GBPCHF
GBPCHF is currently trading at 1.12150
I'm seeing a trading opportunity on buy side.
Buying GBPCHF pair at CMP 1.12150
I will be adding more if 1.11750 comes & will hold with SL of 1.11300
Targets I'm expecting are 1.13650 - 1.14550
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
GBPCHF - SHORT TRADESymbol - GBPCHF
GBPCHF is currently trading at 1.15600
I'm seeing a trading opportunity on sell side.
Shorting GBPCHF pair at CMP 1.15600
I will be adding more if 1.15940 comes & will hold with SL of 1.16300
Targets I'm expecting are 1.14650 - 1.13920
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
GBPCHF -1D Bearish scenarioCurrently the British Pound is showing weakness against several pairs due to change in fundamentals last week, and is expected to fall, so we can consider it to sell against the swiss franc and aim for 1.10908. Also there is a cypher pattern formation on the daily timeframe, must use stop-loss.
Note - This is my personal analysis and not financial advice, before placing any trades do your own research.
GBP/CHF BREKOUT ONE DAY TIME FRAMEDaily GBP/CHF Price Action Is Showing Price Again 1.10800 Level with Strong RSI movement and cross 60 level and broke 50 EMA and Sustain Above It..
It Could Be Good Swing trade for 10 to 15 days .
Stop loss :- exit if Price Close Below 20 Ema With Daily Price Action.
Target :- 90 and 180 pips
GBPUSD - British Pound against USD is at support levelThe British pound is showing signs of slipping after a slight increase yesterday, but I personally believe it will come back strongly with current information related to the European market.
More or less the intense war in the Middle East will affect the prices of currencies, and only gold will have stable and sudden growth.
British Pound against USD is at support level
If the war continues to spread to major powers like America, Russia, and China, World War 3 may break out
The European Union (EU) and the United States are planning to create a common tariff area, imposing tariffs on steel and aluminum imports from economies such as China, under their export theme. European Commission on EU-US consensus.
GBPCHFWe provide GBPCHF 2 hour chart analysis. market move in trend channel if market brake high and come to retracement then entry buy position stop loss and target it's your choice. proper follow trading rules, money management etc. we provide daily 5-6 forex chart. and analysis next market move, chart pattern, forex, stock market crypto currency etc. forex chart analysis | forex trading strategy | forex trading plan | currency trading strategy
GBPJPY sell setup right now workingGBPJPY can make a reversal and going down to 169.500 and below which we may see the actual trend bearish or it's just a correction . So , to be on a safe side with the stop loss above this week's high and target at the above price .You can get a great risk- reward .
Enjoy trading
Trade only with what you can lose
Happy week
GBPCHFThe triple bottom is a bullish reversal signal that can signal the end of a downtrend. In this case, the triple bottom indicates that the price of GBPCHF has found support at a certain level and is now reversing to the upside after three consecutive bottoms. This can be an indication that the downtrend has ended and a new uptrend is beginning. Therefore, it is a good idea to go long on GBPCHF.
GBPUSD CHART ANALYSISGBPUSD Form Ascending Chart Pattern and After falling from his Major Resistance getting support at lower levels and now get straight towards his Major Resistance with the help of Trendline Support…
Now GBPUSD at its Crucial Level and soon it Can Break The Major Resistance….!!!! Looking at below volumes Majpr Players are Building there positions there…
We can see such big upmove soon
KEEP AN EYE ON IT….!!!!!!!!