Buy Entry On EURCAD.
As A Trader I Completely Believe On Sentence " TRADING IS SO SIMPLE (If We Stay Consistent & Discipline With Our Strategy) BUT NOT EASY (If We Start Breaking Our Trading Strategy Rule.)"
"Below All Conditions Are Meet To Take Long Entry On EURCAD"
(1) Entry Price - 1.43740
(2) Stop Loss - 1.43420
(3) Take...
The instrument really played well yesterday and it finally rebounded back couple of 100 points. Which clearly shows the pause to the down trend. We can probably see a Range up till 1.07600 if bulls comes into play. Following are some of the levels which needs to be taken care off.
7th Feb -
DH - 1.0767
DL - 1.0669
Pivot - 1.0720
* R1 - 1.0770 , S1 -...
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your...
How do you read a candle?
The top or bottom of the candle body
will indicate the open price, depending on whether the asset moves higher or lower during the selected timeframe.
If the price trends up, the candlestick is often either green or white and the open price is at the bottom.
viceversa if price trends down.
Why Candlestick is important?
They indicate...
USDINR is in a range since Oct 2022
Likely to break out of this 4 month range to give good targets
Targets analyzed & marked in chart as per flag length considered at higher low and breakout point.
But if the price action shows a Bearish Candle at third top, it is likely to swing down & retrace before breakout.
Range for Feb could be 83.25 - 82.5
Please keep in mind that this is only for futures and positional traders.
You can buy USDINR in 3 different buy zones, as mentioned (Buy zone 1, Buy zone 2, Buy zone 3).
There is NO-STOPLOSS; simply purchase as much as you can. Don't panic if it reaches Zone 3; instead, buy as much as possible.
It is important to note that this view is for the next three months...
The instrument is on a Bear run for the last couple of days, it clearly indicates that the Bulls are in stealth mode. As for the the instrument has sold off enough and will now have a corrective mode in near future. Following are some of its important levels.
6th Feb -
DH - 1.07989
DL - 1.07098
Pivot - 1.07450
R1 -1.07850
R2- 1.07850
R3- 1.09240
A return to...
USDINR possible and aligned Elliott wave structure of multi time frames from monthly to hourly.
Monthly chart
Weekly chart
Daily chart
4 Hourly chart
1 Hourly chart
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you...
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your...
There are many traders out there who trade trend lines. Mastering trend lines is not easy as it seems, with experience things changes with your perception about Trend Lines. What I learned from my experience is that it is important to find a trend line, but it is more important to filter it so that, we can trade only the potential opportunities. Here I do not say...
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your...
