FROM AUG 2014 TO JULY 2020 SILVER WAS TRADING IN LIMITED SQUARE NOW ITS BREAK BOX IN UPTREND WE ARE EXPECTING A LONG UPTREND IN XAGUSD SILVER
BUY BETWEEN 19 AND 20.30
SLP : 13.90
TP1 : 30.80
TP2 : 46.40
THIS IS LONG TERM VIEW OF XAGUSD TRADE WITH SMALL QUANTITY AND HOLD TIGHT
Overall GBPJPY has bearish trend.What we can see this week is if there a rejection at current support level the price will get back to 135.00 . However the price couldn't cross at 134.00 in the previous week after multiple attempt. so if the trend continuous we can expect is the price coming down to 129.50 for sure by this Thursday or week close.
If we see the price rejection in the below support level ,we can see bullish push towards 114.00 or even more or else if price continuous bearish trend we will be seeing the price at 110.00 post retest at the current resistance level.
There are times when an indicator reflects a bearish trend but the overall signal reflects a bullish trend. This phenomenon creates a pool of uncertainty and reflects a behavioral aspect of trading which is followed by the trail of institutional investors.
This chart is of a same perspective and it reflects a situation where there is a dec in vol. followed by a...
Amrutanjan @ 339 || 29-May-20 || 01-HR
- Is it preparing for an upward level ?
- Let see the price action - BUY once it crosses 347
- Only caution is MACD - so watchout how MACDline functions till the time breakout comes.
#NSE #Nifty #Nifty50 #Sensex #NiftyBank
Atul ltd has currently taken support at 4500 but seems it will break this and reach 4250 or 4000 before continuing the larger up-trend.
Would wait to see the consolidation play out before initiating any fresh buy positions.
The last pin bar is showing price rejection.
Rejection zones are areas where there is no equilibrium in price. The asset is either over or under valuating, meaning that the market might be oversold or overbought. It's important to spot these rejection zones to know when to avoid a trade and where the key pullbacks are.
Maintain stop loss
Short selling will break nearby 9231/9125.
==> Money-Maker, staring down loaded gun!
Higher chance to follow 2.Scenario at 9250 nearby.
Dont forget to give LIKES and Comments .
We have enjoyed below Short Selling PLAN A and B:
The price above 2683 is bullish.
Expected a small move to downwards and then move towards up-direction.
The price will consolidate within channel
Bullish can mean different things especially for short-term and long-term traders.
As we can see Nifty Auto is trading in a rectangle pattern. A strong support is placed at 5000 level making it a psychological level as well. Nifty Auto seems to be moving in a sideways pattern.
1. A sustainable breakout above 5500-5600 will give this index a new leg.
2. The current Bollinger Band trend shows that the volatility is reducing.
3. RSI retraced from...