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USDCAD Trading Plan - 16/Jun/2022Hello Traders, Hope you all are doing good!! I expect USDCAD to go DOWN after finishing correction. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
Short
by For3xScalper
EURGBP Trading Plan - 10/Jun/2022Hello Traders, Hope you all are doing good!! I expect EURGBP to go Down after finishing this correction. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
Short
by For3xScalper
SGX Nifty possibilities of long and short trades.This is an Idea of SGX Nifty probabilities on a Long note. Fibo retracment : Lets start with basi Fibo retracement, from point A to B , which is already at 38.2%, now we all know if this is going to be a strong bull trend there will be a possible reversal at this level or a possible reversal will be at 50% which comes around 17238 - 16938 .. it doesnt have to be 50% it may even take a reversal at 61.8% as well. Pitchfork : A valid Pitchfork has been broken and trigger line has been rejected (Normal terms we call it trendline) 2 possibilities here: One, this could be a retest of the broken pitfork line which is absolutely at fibo 50% which can only be known once it reaches that area of horizontal support Two, this could be a downtrend after getting rejected by the trendline at point B. H&S Pattern : There is an Head and shoulder pattern in formation which could take support at Fibo 50% and revert back to the trendline, if this happens and a breakout of trendline is seen, target is mentioned on chart. lets say H&S is not formed, trendline or pitchfork parallol line still acts as a strong resistance, or breaks pitchfork and rejects at trendline, that is going to be a 3rd time rejection of this trendline, we might see a stong move downside once again. which i called alternate possibility.
NSEIX:NIFTY1!
by TaurusTeam
1
28% Target Potential in Likhitha | Swing TradeWonderful swing trade with target potential of 28% Reason to trade - 1. Breakout of 50 EMA with good volume 2. Trendline breakout 3. Breakout of Horizontal Demand Area 4. Has made a breakout and then retest which is a bullish pattern . 5. RSI above MA Do you guys want me to make Video explanations of stocks in YoutTube?? If yes please do comment Please hit the like button this really motivates me to make more such analysis for you guys. Also Follow to get regular updates. Lets make money together The Rich Trader Rohit Sharma
NSE:LIKHITHALong
by The_Rich_Trader_TRT
Dwarkesh Sugar: Will it break out to return a +30% gain?Dwarkesh Sugar is currently trading in a tight range and most likely forming a pivot range of <= 7% What is the trade idea? Stock has risen 222% within 21 weeks and formed a good 2T VCP pattern. Now it's been consolidating for a good 17 weeks and with the low risk range that’s currently in progress, it is on my high alert now. My expectation is that 78.50 should be crossed in the coming two weeks. (hopefully ;-) the markets have a tendency to surprise, always, and I'm wrong about 60% of the times) I am expecting a possible consolidation within the marked tight range box for the next two weeks. Here's my Trade Plan Entry : On Breakout above at 80.40 Initial Stop Loss (ISL): Below @ 66.80 (SL based on structure) Note: Breakout needs to be supported with high volumes. Potential Targets: 97.50, 105.90 Need to watch carefully what the price action will do around the resistance of 84 levels. If that is convincingly crossed, then both upper targets have a good probability of being achieved. Since price has been consolidating for long, my expectation is that 84 ought to be crossed decisively. Keeping fingers crossed though. Chart marked with the trade plan. Please feel free to clarify your doubts, and trade safe.
NSE:DWARKESHLong
by amar_gr