USD/INR, EUR/USD, GBP/USD, USD/JPY, USD/CNY, DXY
ELECTROSTEEL STEEL, JAIPRAKASH ASSOCIA, IDBI BANK LTD, RELIANCE COMM LTD, PUNJAB NATL BANK, STEEL AUTHOR INDIA
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX INDEX
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Let's see how it goes from now on.
Positional for the target of 425
Explained in chart. SL= 102-105 according to risk preference. Trade after 9.30 because initial breakout might be upward and then fall.
Swing trading. should go long for more than 10 days. Entry is fine. You can enter now.
AB = CD Harmonic Pattern.
Important observation one can make out is that. Reciprocal of 0.417 is exactly 2.371.
It's in Uptrend hitting life time high but it should retrace to progress.. So 50% retracement will be my target that is 408.. Don't trade till 9.30 a.m.. trade after that