We have seen very good Down trend in the formation of LL/LH from last november but now we can see buyers are coming (as per momentum) and trying to control the market also we have got our first HH so now we need a buy signal only.
Price bounced from support after making double bottom with momentum and sunpharma trading in range between 600-432 and we can see clear first HH formation So its very good signal that price will go up,Now waiting for signal.
NOTE - YOU DON'T NEED MORE TRADES FOR MAKING MONEY,YOU NEED ONLY FEW TRADES WITH QUALITY SETUP,FOR THAT YOU NEED TO CREATE A WATCHLIST FOR ...
We can see seller trap at bottom,This is very good sign of trend change and also there is a very good RRR.
NOTE - FOREX TRADING IS NOT FOR EVERYONE AND FOREX CHART ANALYSIS IS FOR EDUCATION PURPOSE ONLY, I DO NOT RECOMMEND ANYONE TO TRADE FOREX,I AM SHARING MY TECHNICAL ANALYSIS KNOWLEDGE ONLY.
We have seen very good downtrend in the formation of LL LH but now we can see the buyer are controlling the seller,So I have no doubt about Trend and I know which direction I need to trade.Keep it simple and do not make things complicated,Make your analysis simple and create simple rules to Enter,Exit and Don't ever try to avoid money management and trade ...
Technical analysis:
CARDANO/BITCOIN is in an up Trend and resumption of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 60.
Trading suggestion:
The price is in an up trend, but we forecast the uptrend would probably resume.
There is still possibility of temporary retracement to suggested support zone ...
The 4-hour chart of GBP/JPY has formed a double top pattern.
Now the pair is in a corrective rally and it may extend upto resistance zone of 146.098.
But the pair can witness selling pressure even before reaching the resistance zone.
There is also major news event today,so expect high volatility in the counter.
NSE:ONGC has printed a bearish pinbar around its resistance of 175 and also 50DEMA crossed 200DEMA
so double confirmation that price is likely to so south...
Trade with strict stoploss of 180..... i will look to short in future tmorrow and will update here
Technical analysis:
. DASH/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.566 to 0.540). if so, traders can set orders based on ...
Midterm forecast:
While the price is above the support 6000.00, resumption of uptrend is expected.
We make sure when the resistance at 9774.80 breaks.
If the support at 6000.00 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
While the RSI uptrend #1 is not broken, bullish wave in price would continue.
Price is below ...
Technical analysis:
. DASH/EURO is in a range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 35.
Trading suggestion:
Price is in the support zone (332 to 229), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning ...
Technical analysis:
. KYBERNETWORK/ETHEREUM is in a downtrend and resumption of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.00233 to 0.00167). if so, traders can set orders based on ...
Technical analysis:
. KYBERNETWORK/DOLLAR is in a downtrend and resumption of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 32.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (1.4325 to 0.7844). if so, traders can set orders based on ...
Technical analysis:
. EOS/ETHEREUM is in a downtrend and resumption of the uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.01765 to 0.01500). if so, traders can set orders based on ...
Technical analysis:
. IOTA/ETHEREUM is in range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 38.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.0018 to 0.0015). if so, traders can set orders based on ...
Technical analysis:
. ZCASH/EURO is in an uptrend and continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 59.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (259 to 222). if so, traders can set orders based on Daily-Trading-Opportunities and ...
