Gold have been holding on to the bullish structure it formed in last week of January and a breakout from here will lead to another rally from current levels.
Pardon me for a messy looking chart but you can use it to learn how i have been trading gold moves since August 2018.
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Do check my profile to post any questions.
All the best!
Though i do not trade crypto currencies and also not much aware about the fundamentals of various such existing currencies but i try to do technical analysis of some prominent coins as it helps me understand the play in highly volatile setups.
BNB looks to have made substantial gains in short term and its bullish structure is still intact as per ichimoku.
Trying to steal a long from otherwise a bearish stock.
Buy on the breakout with close trailing stoploss.
First target is marked with small greenline, if it closes above it then next target would be the big falling green line.
Major structure is bearish but local structure is indicating the possibility of small bullish move within the bearish structure.
Do hit a...
Nifty is clearly moving in a channel and it seems if nifty fails to hold the fort at 11008 then it will most likely test the lower trendline in coming months.
I will not use any heavy words to confuse the traders and in simple words from here on my trade strategy will be to long every move above 11008 and short every move below 11008.
11008 also happens to be ...