Hello Traders, In the above analysis: I'm showing the both scenario may happen on GBPUSD pair with the help of simple SUPPORT/RESISTANCE. Where, GBPUSD is on a sideways from last 15 day at range of 1.42340 to 1.40990. So the analysis says: if it'll break this resistance(1.42340) then we will see a new high on GBPUSD after 3 years of downtrend or if it fail to...
BNB recently respected its old support at 227 & get a nice bounce from there so if it goes in this same direction then the next targets will be: 1st>>>400 2nd>>>608 3rd>>>680 OR If can't hold it upward move & fall below 227 support then we will see it's in a new DIP. So, take advantage of both scenarios as per your strategy & capital. HAPPY...
If it breaks upward trendline & makes a DOUBLE BUTTON; be alert that time cause it'll be going MOON Or if break downward then be READY to SHORT . . . .
I take this short sell trade on SBI now for intraday on Equity, cause it's may take more than 1 day Risk to reward: 1.5 (Take only 2% of your capital risk)
Entry at: $58100 SL: $57,700 TP: $58700 Risk-Reward: 1:5 TAKE ONLY 2% RISK PER TRADE
Entry at: 1.39141 Stop-loss: 1.39261 (12 pips) Take-profit: 1.38961 (18 pips) Risk-Reward: 1:5 TAKE ONLY 2% RISK OF YOUR CAPITAL
AUDUSD possible short sell OPPORTUNITY, if break the next support at 0.76000 Confirmation: -------------------- (i) Already in a downtrend (ii) Double/Tripple Top chat pattern formed & fall (iii) Short term uptrend line break (iv) symmetrical triangle pattern break USE ONLY 2% OF CAPITAL PER TRADE