USD/INR, EUR/USD, GBP/USD, USD/JPY, USD/CNY, DXY
YES BANK, RELIANCE COMM LTD, ASHOK LEYLAND, CG POWER AND INDUS, OIL & NATURAL GAS, ITC
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, XRP/USD, ETH/USD, BCH/USD, EOS/USD, LTC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Classic double top formation. Target 1000.
....Levels mentioned in chart
>>IDEA MENTIONED IN CHART<<
Idea described in charts...
Entry Above 1360
Target 1382, 1387
Looks good above 1375.
Long Term Trendline Resistance Breakout
ENTRY PRICE : CLOSING ABOVE 1239
STOPLOSS : CLOSING BELOW 1120
MINIMUM TARGET PRICE :
1) 1384 Starting Point of the Downward Slopping Trendline.
2) 1453 Hight of the Pattern.
Risk to Reward : 1 : 1.8
One Can look for Going long above Friday High with stop 1% for short range target
A chart pattern showcasing the descending triangle breakout formation may do so in a few days.
Keep Watching for the updates.
Everything Explained on the chart.
ABB retesting support here.. If this holds it can go back to prev highs arnd 1700 and a close abv that horizontal TL at 1700 will take it to the moon :))
Brake of level 1385 and retest I will be looking to go short ,
ABB entered strong uptrend based on Weekly Aroon Strategy .