It is been observed that the price action formed a descending triangle on daily chart and today's price action confirmed the breakout to upside as it reached above the highs of the previous day. It shall now move further up 1500, 1520, 1540 levels.
It is been observed that the price action is trending up and breaks out from the ascending triangle on weekly chart. Now, the target is measured move of the pole. It shall further go up.
It is been observed that the price action forming a descending triangle on daily chart, and now it finally breaks out . from a strong support levels of 8550, indicating a strong weakness and bearishness ahead. Now it shall go further down and shall reach to 8200 levels.
Risk Reward: 1:3
It is been observed that the price action breaks out from a ascending triangle on daily chart, indicating further bullishness. Now, it shall reach out to the next resistance levels as marked by triangle pattern rules.
It is been observed that the price action broke out of the Descending Triangle on daily chart after a short consolidation highlighted in blue. That breakout made a Lower Lows at 453 levels from previous Lows made at 477, therefore it indicated bearishness. Now, the price action has made a New Lower Low at 448 levels, signaling higher weakness and prices fall...
It is been observed that the price action firstly breaks out from a symmetrical triangle formed on a daily chart. The price action touched the price levels of 915 which was previous support levels and bounced back quickly to 1080 levels which is previous support of the triangle acting as resistance. Now the price action is retracing and it shall go further down to...
It is been observed that the price action is trending down on daily chart. Now, the price action is breaking out from a Descending Triangle, indicating bearishness and selling pressure.
Target 2: 78.50
I really don't know what to write in description, everything is in chart itself. I'm really bored with Fx markets, thats why posting equities :)
(i) Enter after valid confirmation only
(ii) Use tight stops, if we are wrong on direction, Tight stops help you to cut down loss
(iii) Check your risk & trade plan once before entering the trade
If any specific doubt...