SaleemJunedLala

SaleemJunedLala Updated 

It has been observed that the USDCAD price is at a short-term falling trendline resistance along with the RSI which is at resistance as well. The pair can be expected to fall from here.

SaleemJunedLala Updated 

It has been observed on the 30 mins chart of GBPUSD that the price is at an important resistance level which has held well in the past along with an MACD Crossover. Entry: 1.2649 to 1.2666 Target 1: 1.2591 Target 2: 1.2534 Target 3: 1.2468

SaleemJunedLala Updated 

It has been observed that the Price on USDJPY 30 mins chart has been moving inside a rising wedge with the MACD about the make a crossover. Entry: 113.285 Target: 112.092 Stop: 114.355 Regards.

SaleemJunedLala Updated 

It has been observed that KiwiDollar is coming near Channel Support close to a good support zone (Marked in Green) along with RSI coming onto the support line. A long can be initiated at Channel Support. Entry : 0.7240 to 0.7249 Target : Next resistance zone at 0.7295. The 2nd target can be aimed at Channel resistance while trailing stops. Stop : Below Green...

SaleemJunedLala Updated 

A bearish cypher seems to be emerging on the FX_IDC:USDMXN 4 hour chart. A limit Sell order can be placed at 21.7887 Target: 21.4403 Stop: 22.0654 A 1:1.26 Risk Reward Ratio

SaleemJunedLala Updated 

There seems to be a potential Bearish Bat formation on NSE:GMRINFRA on the daily charts. A short can be initiated at 13.88 Target 1 : 12.48 Target 2 ; 11.65 Stop : 14.52 Please Note : The lot size for futures of this stock is 45,000 units. Disclaimer : The chart is only for educational purposes and in no way a recommendation to trade. Please...

SaleemJunedLala Updated 

The rising trendline and the horizontal support at the FX:GBPUSD has been broken. Price is trying to retrace, but is unable to cross back the upside. If price does cross above, it should face resistance again at the red line. Short can be initiated at CMP or at 1.2535 if price retraces again later, if you are late to see this. Target will be a little above the...

SaleemJunedLala Updated 

The FX_IDC:NZDUSD chart has formed 2 bullish cypher patterns on the hourly chart. The first purple bullish cypher has been completed where the D leg of the pattern was at a horizontal support line and the price action is moving towards the targets for that at 0.7258 post which the price action should reverse and come down to complete the CD leg of the Yellow...

SaleemJunedLala Updated 

A little late in posting this one, but nevertheless, a Bullish Cypher Pattern has emerged on the XAUUSD 1 hour chart. A long can be initiated if the price retraces back to 1185.73 or can be longed at current market price if your R:R Allows for it. Target: 1198.57 Stop 1175.86

SaleemJunedLala Updated 

There seems to be a potential bullish Bat Pattern forming on the FX_IDC:USDMXN 15 mins chart. Entry for long: 20.9231 Take Profit: 21.0872 Stop Loss: 20.8402 A good risk reward ratio of 1:2

SaleemJunedLala Updated 

One can short FX:GBPUSD below 1.2647 where it has broken the Rising Wedge. Target at previous support levels, i.e. 1.2605 Stop at 1.2670

SaleemJunedLala Updated 

There is a potential completion of a bullish Gartley pattern on the NZDUSD 15 minute chart. One can go long at the completion of the CD leg at 0.72165 Target 1: 0.72377 Target 2: 0.72570 Stop Loss: 0.72025

SaleemJunedLala Updated 

First Idea here, so please trade at your own risk and do advice and suggest anything I can improve on :) A long can be taken in EURUSD as the price has taken support at the short term trend line along with a buy indication at the stochastics. Target 1: 1.07476 Target 2: 1.07738 Stop Loss: 1.07112