Short below low of prev candle for RRR 1:1. Maintain strict Sl
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (14.00). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDTRY is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
You view please! The selling from FII is nonstop. May be they have a conviction of rupee depreciation against USD...the rounding bottom formation on USDINR chart is worrying..
USDINR gave a fantastic rally, however, now the price is narrowing upwards, causing a wedge pattern. its time for the breakdown of the wedge, if it does, good short trade activates.
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.5367). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GALAUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.003206). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTTUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
USDINR seems to take a momemtum above 75.20 as it is a long term trend line level This trend line breaks the flag pattern of USD INR made from its All Time high level Good volume candle printed on 4hourly Any pullback will be a long opportunity My Trade will be SELL 75 PE BUY 74.75 PE Bull Put Spread I might also add a naked 75 CE to gain the momentum if it...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.11886). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . IOTXUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is below the 21-Day WEMA, which acts as a...
USDINR has broken out of the symmetrical triangle pattern formed on the weekly chart which I had discussed in my previous idea. After that it has done a retest of the pattern trendline and the 20EMA on the daily chart. If we observe a continuation bar forming, as explained on the chart, we could see a retest of 75.50 pretty soon. Stay tuned for the continuation...
Investor sentiment has reached a new level of pessimism after a serious drawdown of bitcoin quotes, which indicates a potential low and reversal to growth. At the moment, the first impulse upward movement was formed and correction to this movement is outlined, which increases the chances for medium-term growth from the current levels. We single out TRON and TFUEL...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (29.13). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ATOMUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (4.629). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XTZUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.3453). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XLMUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.02348). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XVGUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a...
USDINR is a a crusial level long term trendline broken upside Trend is Uptrend View : Buy the Dip My trade : Bull Put Spread on any dip Plan your Trade !!! Trade your Plan !!! Happy Trading !!!
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.5296). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ADAUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (238.09). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ZECUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...