A clear cut double top over strong supply zone . CADJPY has formed a head and shoulder pattern and looks good for a sell. keep an eye on it, target mentioned on charts.
Nifty weekly view ditching all the levels and moving averages in between nifty has finally come to the model of previous high is now the new low. it can be clearly seen nifty after registering a high of 18604 in October has been consolidating in a channel.. Currently nifty has tested its previous weekly/monthly breakout level and i expect market to grow from...
As your financial advisor before investing. stock is going to break 4 years of consolidation. will give great returns.
Things arent looking good in US, posting it a bit late, but its a ideal sell after a double top pattern and second top having a head and shoulder pattern . any retracement towards the neckline should be used for selling with SL above the right shoulder expecting 30520-30050 in coming days.
Multiple reasons to sell 1. rejection from previous resistance line 2. double top with RSI Divergence 3. rising wedge break down 4. head n shoulder pattern breakdown from neckline on 30 mins it is showing some strength might come back to re-test 79.9-80 zone for retesting the Break down, use that opportunity to sell for a better risk to reward. please check the...
What on earth this is? an inverted HnS pattern on the weekly shows a massive 1600 pips of movement
The pair has reached the zone which has acted as a support in September 2020 and also in July 2019. Last week because of Brexit news the pair opened with a bullish gap, which was acting as a support in previous week, but now the pair has filled that gap with double bottom formation and positive RSI divergence and currently trading above the neckline of the...
1.056 has acted as a good support for the currency pair, but it went a little below the support line bus is now retracing back in inverted head and shoulder pattern.. good to go long above 1.057 after 2 hour close above the entry point. for good 100 pips.. wait for the entry level sl: 1.0510
The pair in a sym triangle pattern from long. and now has reached the horizontal and trendline resistance zone. making a head and shoulder pattern at top. expecting a retracement to nearest support/resistance zone also a retracement to .5 - .618 fibo levels. please sell on the close of this 4 hour candle
EURAUD pair has consolidated good near the July support zones and is not looking for reversal. RSI is showing the gain of strength and over all the Euro Index is showing positive signs. on late Friday it broke the 5 day long trendline and now gaining strength. on hourly it has formed a reversal inverted head and shoulder pattern. and on 4 hourly it has made a...
this currency pair has been in a good upside pattern, and currently forming a ascending triangle with in a symmetrical triangle. at good levels to go long in between .90100-.90200 with a sl below .89700 for good upside.
EURJPY would recommend a buy position in this pair. after a good bull run it has retraced well to .618 fibo levels and consolidated before running and currently given a breakout from the pole n flag pattern. will be a great add for 160 pips with a stop loss near 123.5 (4H closing basis) . if the fall is hard then also consider one hour closing basis.
Go Long in gold with sl of trading price below 1755 on 4 hour closing basis. for an upside of 1820-1835-1860. gold has a potential of 1950 and more.. one can follow the rule of trailing and part booking. Cheers.. :)
<<29/11/2020>> Well we have seen a break of trendline and a good pole and flag breakout on Friday. with Thursday and Friday majorly being a off because of Thanks giving, there wasn't much of a participation from US. Also the pole and flag breakout isnt supported with massive volumes. Majority of data will be coming in this week from the US government, plus the...
EUR GBP has been trading in a decreasing channel post a good 400 pips up move in September. recently it tested and bounced from the lows of June and September, after a pin bar candle on daily time frame, the pair has given a good positive closing next day, post that the pair is consolidating in bullish pole and flag and took support of .618 fibbo level and given a...
EUR/AUD the pair has been moving in a symmetrical triangle pattern. and made a bulling pole and flag pattern inside it on 30 in time frame. willll be a great add for .64600 and .65500 ..
EUR/AUD has made multiple tops and once again the volumes is decreasing, can be a good short sell opportunity near 1.65100 once a lower low and lower high is made. with SL above the multiple resistance zone. Views negative if hourly close is above 1.65550 before doing the breakdown.
Stock has reached the top of the channel and stands at the support of 30 mins TL. if manages to close below 148.4 possible short possible for 139 and 132 with sl of 152. also a bearish gap on top might face the resistance. The only positive is the bullish flag it has created recently. break and close above 151 on 30 mins chart can take it up till 162, in that...