Short-setup
I AM LOOKING TO SELL NZDUSD NEXT WEEK I AM LOOKING A NICE PULL BACK ON SELLERS TERRITORY FROM 1 HOUR NOW PRICE IS ON BOTTOM OF THE RANGE FORM WEEKLY SO NEED TO BE CAREFUL BUT I THINK WE CAN MAKE SHORT PROFIT FORM IT LETS WAIT NOW CURRENT CLOSED CANDLES SHOWING THAT BUYERS ARE TOO AGGRESSIVE SO NEED TO WAIT FOR THEM TO SLOW DOWN .
DLF: Short term viewDLF CMP 184.40
The stock is retracing after testing its 76.4% levels at 194 odd levels
Last time too the stock reversed exactly from 76.4% retracement levels....
Will history repeat itself...???
Based on observations the stock is likely to continue its down movement
Target 173 / 166
TC & safe trading...!!!
ITCBuy Setup:
ITC has a hidden bullish divergence but it is trading below the cloud. Wait for the breakout of trendline and resistance at 265 to go long. Targets 268.50, 270.00, 272.50, 275.00.
Short Setup:
If ITC bounces off the trendline and breaks the fractal at 262.30, since it is trading below the kumo cloud, short it with targets - 260, 257.50, 255