AU is creating HH formation so next key area is around 0.72500. if we break the previous high there is probability that we gonna test 0.72500 as its clear uptrend.i habe also mentioned the stop loss which is below 2 nd HL which is safe and its not gonna hit if we continues the uptrend once if in 30-40 pips profit trail sl to hl accordingly.
Make sure you do your...
Stop loss below 77.5 close candel day bcz a huge put writers sell puts of 77.5 so its cant close below it. buy near 77.5 and sell half quantity 77.9 so its break out this lvl and go higer 78 or 78.5.
Strictly stop loss 77.4 but if it comes again 77.5 like 77.55 then buy again messive puts writers here 3 june expiry.
Usdinr have bullishness but see it can't move even 50p Or 1 rs.
Bullish for short and long term stop loss below 77.
I think they just eat premium and hold it here.
( short term :- Buy above when chennel break upside have stop loss below the channel ).
# it could be neutral too bcz of rich sell call option so they can't make it go high.
EURUSD remains firmer inside a fortnight old bullish channel ahead of the Fed’s preferred gauge of inflation, also staying beyond the key SMAs. Currently, the channel’s upper line surrounding 1.0800 lures the pair buyers, a break of which will direct them towards the 78.6% Fibonacci retracement (Fibo.) of April 21 to May 13 fall, near 1.0820. It’s worth noting...
* GBP/USD bulls are moving up a gear from the critical support structure.
* The bulls have their eyes on a fresh daily high.
As per the prior analysis, GBP/USD Price Analysis: Bulls seeking a discount from daily support structure, the price has respected the support structure and has subsequently moved higher as the bulls piled in.
Hope you all are doing good!!
I expect EURAUD to go down from here.
Look for your SELL setups.
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Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime,...
USDZAR Buy Trade opportunity
USDZAR Buy trade opportunities It has broken the Resistance trendline and closed above its a good opportunity for a long with very good risk-reward
‘Always trade with Stop Loss