Rangebreakout
EUR/USD Technical analysisAfter forming an inverted head and shoulder pattern, EUR/USD consolidated within a narrow range of 1.13200-1.13650.
It then made a bullish breakout and is currently retracing to test the broken resistance.
We expect the broken resistance to hold support and the pair to remain bullish.
!!!! NIFTY BREAKS 10870-10920 RANGE !!!!!NIFTY BREAKS 10870-10920 RANGE
(BAR OPEN AND CLOSE RANGE)
HELD ABOVE THE RANGE FGR A WHILE
HENCE EXPECT A NEW RANGE ON THE UPSIDE
BUY NIFTY NEAR 10930
STOP@10910
TARGET@10980
PRICE LEVELS ARE PER CASH LEVELS
PLEASE ADJUST FOR FUTURE LEVELS
OPTIONS TRADE MORE VIALBE
RANGE BREAK TRADE IN NIITECH JAN FUT WAIT FOR A CLOSE ABOVE OR RANGE BREAK TRADE IN NIITECH
JAN FUT
WAIT FOR A CLOSE ABOVE OR BELOW THE RECTANGLE
MOSTLY THE BREAK WILL BE ON THE UPSIDE
FUT TRADE
BUY@1230 (CONDITIONAL)
STOP@1210
TARGET@1250
LOT:750
QTY:2