GBPUSD Short Position Entry 1HR : if GBPUSD make a better look for short position then we are going into short position entry
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (0.7385). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDUSD is in a range bound, and the beginning of a downtrend is expected. . The price is below the 21-Day WEMA, which acts as a...
The analysis is on the chart Trading not recommended Trade at your own risk Comment your views Thanks
USDINR is stucked between 50 & 200 EMA Hence, the strategy applied is Short Iron Condor Sold ATM CE & PE Bought OTM CE & PE to cover Sold Options / Hedge Break Even Points Downside BEP 74.11 Upside BEP 74.64 Max Profit expected : 12%
We are facing a stop near resistance. If the Fed News is positive we could travel long to the bottom of the daily channel.
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (306.29). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BNBUSD is in an uptrend, and the continuation of the 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 (0.07923). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . VETUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
USDINR in Channel Taking Support and Resistances in the channel drawn. Looks downtrend in near future. Happy Trading !!!
Midterm forecast: While the price is above the support of 1744.50, a resumption of an uptrend is expected. We make sure when the resistance at 1916.50 breaks. If the support at 1744.50 is broken, the short-term forecast -resumption of uptrend- will be invalid. We will close our open trades if the Midterm level 1744.50 is broken. Technical analysis: A peak...
USDINR not making higher high or lower low range 74.40 to 74.75 Made Short Iron Condor. Sold 74.75 CE & 74.25 PE Bought 75 CE & 74 PE Will exit bear call spread if breaks down or exit bull put spread if breaks up.
Midterm forecast: While the price is above the support 1705.700, resumption of uptrend is expected. We make sure when the resistance at 2910.700 breaks. If the support at 1705.700 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: A trough is formed in daily chart at 1719.100 on 07/20/2021, so more gains to...
USDCAD Long R/R: 1:3 Feel free to share your opinions in the comment!
Midterm forecast: While the price is above the support 101.85, beginning of uptrend is expected. We make sure when the resistance at 250.00 breaks. If the support at 101.85 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: A trough is formed in daily chart at 109.35 on 07/19/2021, so more gains to resistance(s)...
FX:USDJPY Market is Ranging between 110.358 and 110.051 There is a Buying Opportunity above 110.385 And a Selling Opportunity below 109.989 Wait unlit it breaks these levels or 30min candle closes above this levels. Trick : For impulse entry trade at London or NY Timing, When 30min candle cross these levels switch to 1min or 5min time frame for best...
#USDINR that bearish wick is RBI doing its job fundamentally and channel top resistance chartwise
Scenario 1 : Continues the Head n Shoulder breakdown (can you spot Head and Shoulder?) to achieve T1 of Head and Shoulder breakdown target & 200 EMA Support. If breaks further, then T2 can be achieved which is a support of 2 hammers printed previously. Scenario 2 : If it does not break and open flat or gapup, it may consolidate here before breaking down....