Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.8336).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURGBP 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...
In this chart of EUR/USD I have marked 4 price levels which have been determined based on a proprietary calculation that I have developed. The zone between the top-most and bottom-most price levels is a strict "No Trade Zone".
If EUR/USD's price crosses the top-most price level, we will be looking for long opportunities and if EUR/USD's price crosses the...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.0647).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDNZD 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...
in here i used some new technology indicators i hided them but basically when candle closes above the level in the higher time frame you can wait at the opposite wick and take a recement entry and hold there , remember to trail always,, all the best
Hello Traders,
Hope you all are doing good!!
I expect AU to go Up after finishing this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can...
GBPUSD bulls fail to cheer a clear upside break of the monthly horizontal resistance, now support, as the 50-DMA challenges immediate upside. Given the easing bearish bias of MACD and firmer RSI, the prices are likely to extend the corrective pullback beyond the 50-DMA level surrounding 1.3450. However, a broad bearish trend established since June remains intact...
Got long on USDINR. Reason to buy:-
1. channel support
2. Hammer formation in the weekly chart.
Don't take naked future long. Always go with a hedge - For example in my trade, I buy USDINR future and bought 73.75pe for the purpose of hedging.
Note: I am not a sebi registered advisor, please don't take a trade because of my analysis. Always consult your...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.1416).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURUSD 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...
Following price action is at the core of markets. One glance at a chart can show you a trend, trade idea, or serve as a quick way to check the holdings in your portfolio.
Candlestick charts are one of the most popular ways to look at price action. A single candlestick shows the high, low, open, and close for a specific time period. This means that a lot of price...
USDINR formed a bullish hammer after entering the Daily Demand Zone. USDINR has been falling continuously for almost 10days.Looks attractive buy at around 74.48- 74.50 with stoploss of 74 for target of 75.00, 75.50, 76.00
Trading is the game of Probabilities. Lot of retailers are being dragged into markets without proper understanding of RISK MANAGEMENT.
It is NOT as simple as just about clicking that "Buy/sell button"
I am here to share the importance of STOP LOSS and the purpose of writing this up is to share that part where maket tells you that it's above you.
Irrespective of...
USD/JPY
the price still in a correction and forming an expanding triangle in its last state we need to see the price fall to 111.6 then we can go long again
s1 114.30
s2 111.60
s3 110.80
r1 118.00
r2 121.00
daily macd and daily rsi is bearish with an extremely dangers divergence in both of them
looking to sell at the moment
