SELL
HEAD AND SHOULDER BREAKOUT (AWL)Head And Shoulder Breakout
CMP: 435
Targets for Downside: 591 and 551
SL: 671 Above Previous Swing High
AWL Broke this years major support retested the support area and now heading to downside.
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell.
TVS MOTORSAfter the completion of the rounding pattern or bowl pattern from the level of 800 its continuously in the bullish form making higher highs pattern.
Now it's showing the exhaustion so we can see some profit booking here either it can move for buying if it crosses the channel right now it just breakdown the major trendline followed by it from the level of 800 once it crossed below 1080 and 1060(majorly) we can see fall and also on the monthly chart time frame we can observe that it can make the inside candle thus making it in your list is gonna be a jackpot.
On the way we are having the support of 50 MA which can be a good sign for buyers and sellers if it closed below it can fall easily.
SELL DXYDollar dominates the whole market
We clearly see that DXY should start to fall from 114.0 to 109.0
Current Market Price is 113.45
This indicates that eurusd, gbpusd, audusd, nzdusd should go up
Be ready to book good profit in coming weeks
Sell DXY from 113.50 to 114.0
Stop Loss = 115.20
Take Profit = 109.0 - 108.0
EURUSD SellHi again traders.
Rcent USD weakness and EU positive news performed a shift in EURUSD trend.
However, I am seeing that the past broken support which I pointed out with the eclipses, has not been retested and perhaps now is the time for this check.
I consider this current level of important resistance which might drive the price at least in my first TP area or further down.
If it breaks the upper resistance zone (above it I put my SL), it will become pretty bullish.
GL!
Selling opportunity in Niftylets see if we can secure this trade with at least 1:1 RR. SL of just 40 points .
Candle close above 18020 will change every thing Until then its a good risk reward .
Closing below 17940 will be considered as proper weakness then one can plan for positional trades.
As of now not that much weakness but in smaller TF i have observed market breaking the structure and it is afternoon also lets see if any selling pressure comes.
I am posting this for Live testing purpose.
Managing the trade:
If the trade goes in our way
*Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost
*Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL.
*Exit remaining with trailing Stop loss.
*SECURING THE TRADE AND PROTECTING THE CAPITAL SHOULD BE YOUR FIRST PRIORITY.
*NOT A SUGGESTION VIEWS ARE FOR EDUCATIONAL PURPOSES
***If you like my analysis let me know by giving boost or a comment.
I will be updating
HINDALCOHINDALCO failed to complete the BOWL pattern now it is trying to make a CUP with Handle pattern
Buying levels above 415 with the SL of 4 to 5 rs and we can look for 1:1 to 1:2 target or more depending upon the volume.
selling is preferred below the 400 level and risky traders can have sold below 408 with the target of 404 up to 400 can continue further below 400 level
Disclaimer: These are not any recommendations for any funds or stocks and are meant only for educational purposes.
EURJPY SELLHi traders, based on the price action of last Friday, I see that the price at the moment lays close to a bearish Orderblock Area and a clear resistance level, which is being approached with very small - body candles.
As a result, I am expecting a fall to fill the Sunday - night to Monday opening.
Good Luck!