Crude Has been trading in a sideways zone from past some time but if we look at the bigger picture crude is facing resistance in its major resistance zone. Moving averages are now flat indicating the price is flat and upside momentum is lost. price is taking support from the trendline. If the trendlibe break there might be a posibilty that price might test its...
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Bullish Triangle Running – A Classic Scenario for MCX Gold ------------------------------------------------------------------------------------------------------------------------------- Disclaimer ----------------------------- All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy,...
1. Bullish Div in 2HR with the retest 2. Wait for a complete channel breakout 3. low risk (yellow support zone) 4. Enter for a good RR!
buy gold with day low sl for target t1 and target t2
trend : up Entry : above 3227 SL : 3215 Target: minimum 3263 Only for study . best of options traders
TARGET = 50,700 Clear Trendline and soon it will break Gold Price Will be more DOWN once Covid-19 vaccines comes out fully . Have a selling mindset in gold even after vaccines comes to INDIA .
MCX Silver had a steep fall on 11 Aug 2020. There are two gaps at 57k and 54k . Fib retracements show them amidst possible entry level.
1. Ascending triangle formation 2.wait for breakout & retracement 3.soon fly upside
1. Head and shoulder spotted in 2 HR. 2. wait for the breakout 3. enter on the breakout 4. If any divergence exist at the neckline, probability of rejection becomes higher and be cautious and prepare for the rejection trade! 5. IMPORTANT: current month is expiring today and the new month if priced in the current month chart, already above the neckline! The new...
1. IF breakout, trade on the short side using the high of the breakout candle as SL 2. IF the neckline is rejected and there exist a bullish div in 2HR chart, take a long position on the next candle on confirmation of the rejection
Note: This is for educational purpose only. There seems to be an ascending triangle breakout with good (not high) volume. RSI shows overbought, hence, the price might re-test the resistance turned support line. Can buy on dips till 1400.
Levels are mentioned on chart for Swing trading. Please check the description section for early entry level in given stock to get better Risk to Reward ratio. Kindly like & share this pattern. Comment with what do you think. Follow me @ tradingview for more updates!!! Early entry: 1340 SL: 1275 Target: 1560 RR: 3.15 Thank you. Happy Trading!!! Best...