Hello Fellas, The pair is still ranging in 60 pips. there is no clear direction on the pair. A break above 1.0690 would trigger 1.0733 then 1.0766 & 1.0799. on the flip side next support lies at 1.0620,1.0600,1.0590. Trade at the breakout of the falling wedge & the resistance trend line & confirming it with the RSI & the Bollinger band. Note: Everything works...
Reason: Continuation of second leg as correction is gradual than impulse. Timeframe: Same as 1st leg of impulse move. i.e. 1 week
ENTRY DETAILS: PAIR: TECHM ORDER: BUY ENTRY : 504.63 STOP LOSS: 494.53 TAKE PROFIT : 514.78 R:R = 1.0
HELLO DEAR TRADERS, WELCOME TO GROWING FOREX , (TRY CREATING POCKETS). AS YOU ALL KNOW WE ARE IN THE CORRECTION ZONE FOR EUR/USD -0.14% ,PROBABLY THE DATA FROM THE US SUPPORTS THE CURRENT SCENARIO OF THE ECONOMY.ACCORDING TO THE ELLIOTT WAVE THEORY YOU GUYS CAN HAVE A LOOK ON THE COMPLETION OF SMALLER WAVE (i) & (ii) THIS SIGNALS THAT WAVE THREE IS UNDER...
Lupin is a BUY at CMP@1470 with SL@1420 for a target of TP@1600 Lupin gets USFDA nod to market pain relief, colonoscopy drugs and also gets FDA approval for generic Percocet tablets . Lupin recently received FDA approval for generic Suprep Bowel Prep Kit and Suprep kit approval It may add 5% to Lupin’s EPS for FY18 earnings. In addition the pharma major’s Goa...
the china's central bank the PBOC might devalue their currency because last year they burnt 1 trillion in their forex reserves but this year there will be at least 3 rate hikes by the fed this should make the strong this is actually a one sided bet because even if the PBOC dont devalue their currency w will make easy money . have a great day.
Despite the pair’s rebound from the descending trend line support last Friday, the subsequent failure at 113.78 earlier this week followed by a retreat to 112.70 today has set falling tops formation. A daily close below 112.61 (last Friday’s low) would mark falling bottom and open doors for a test of 111.90 – 111.61 levels.
A bearish cypher seems to be emerging on the FX_IDC:USDMXN 4 hour chart. A limit Sell order can be placed at 21.7887 Target: 21.4403 Stop: 22.0654 A 1:1.26 Risk Reward Ratio
The rising trendline and the horizontal support at the FX:GBPUSD has been broken. Price is trying to retrace, but is unable to cross back the upside. If price does cross above, it should face resistance again at the red line. Short can be initiated at CMP or at 1.2535 if price retraces again later, if you are late to see this. Target will be a little above the...
The FX_IDC:NZDUSD chart has formed 2 bullish cypher patterns on the hourly chart. The first purple bullish cypher has been completed where the D leg of the pattern was at a horizontal support line and the price action is moving towards the targets for that at 0.7258 post which the price action should reverse and come down to complete the CD leg of the Yellow...
There seems to be a potential bullish Bat Pattern forming on the FX_IDC:USDMXN 15 mins chart. Entry for long: 20.9231 Take Profit: 21.0872 Stop Loss: 20.8402 A good risk reward ratio of 1:2
First Idea here, so please trade at your own risk and do advice and suggest anything I can improve on :) A long can be taken in EURUSD as the price has taken support at the short term trend line along with a buy indication at the stochastics. Target 1: 1.07476 Target 2: 1.07738 Stop Loss: 1.07112
The flux of sellers & buyers in the market place is just like a running train- don't be crazy & to satisfy your ego that you can take best selfies in front of running train- think again-it could be fatal. Wow!- 84.31 was amazing -let us go long above that level- but level GI never crossed 84.31- infact it had a sharp fall below 84.31 to 81.75 Here wave-2...
Symmetric Triangle on EURUSD and it may break either side. Trade for Long: Buy above - 1.05490 Target 1 - 1.05780 Target 2 - 1.06070 Stop loss - 1.05105 Trade for Short: Short below - 1.05100 Target 1 - 1.04870 Target 2 - 1.04505 Stop loss - 1.5490
I know no one looks at a Monthly time frame forex chart, this pattern is called 'Mating Cup" and has a bullish implication
Hey Guys, I'm not sure how to put this out to you without violating house rules of trading view. But the data discrepancy is so high that every timeframe showing different close values for Nifty. So I thought lets not post for Nifty, lets go n check stocks I went around SBI ,LT and other handful of scrips - same repeats everywhere, LT close was at 1410, come on...
hey guys please buy USD-ZAR it has Been over sold rsi below 30 so buy has been generated.