SELL
Analysis of GBPUSDHello Traders,
So here is an analysis of GBPUSD
As we can see that in 4h its on sell trend but
there would be a small buy that might come.
As you can see that at level 1.3000 it hit the trendline resistence
and started falling.but after hitting the support line on 1.27955 it went a bit high,
so considering this it wil go a bit up and then continue falling again as its a sell trend.
GBPUSD : SHORT TRADE IDEAGBPUSD is looking bearish as buyers are losing hold from 1.29750, Hopefully bearish sentiment continues with this momentum and drive price downwards towards 1.28750 level(TP level).
Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial.
You should therefore carefully consider whether trading is suitable for you in the light of your financial condition.
Goodluck !
INDIABULLS HOUSING SELL SIGNALI just noticed SELL SIGNAL in INDIABULLS HOUSING in longer time frame and based on that drawn a trend line and it seems to me low momentum.
Indusind Bank: Tops The Stops -Misses Street Estimate High-1585Idea getting time to upload so status update was put
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Status Update as of 08:54 Hrs / 15th Jan 2020
08:54 Hrs / 15th Jan 2020 - Happy Makar Sankranti - Indusind Idea getting uploaded. Depends on uploading time. Risky Traders - looks to fall below 1580-1600 zone so stops above 1600 / safe traders sell below 1440/1395 for lower targets. Thanks
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Trading Strategy
Risky Traders
Sell on open with strict stops above 1600 or wait to sell on bounce but avoid selling if crosses 1585 - later put stops above 1600
Target 1 - 1350
Target 2 - 1250
Target 3 - 1185
Target 4 - 1035
Safe Traders
Sell only below 1440 & later continue sell if falls below 1385 else avoid selling & book partial profits - have a look at risky traders strategy.
Targets are same as mentioned for Risky Traders above.
Wish You All A HAppy Makar Sankranti !!!