EURUSD is in bullish trend, but the box is providing the resistance which seems to be temporary whenever the support is taken above the box, we can enter as the bull. Yellow line is another resistance, and we can book partial profits there and at green we can take it as TP.
GBPJPY Seems to be in a bullish trend... so I am going to take a buy with sl at previous low and tp 1.5 times the risk reward ratio...
It seems that nifty50 may fall from here... according to me the SL should be 17202.95 and TP is 17031... lets see...
Path shows that Bears can take over in GBPUSD. Scalpers can take a sell call with SL at 163.502. with trailing SL or 2x TP.
As we can see that the asset is simply following its all the conditions , like it went for the double top then from there it came down from the resistance. Now following the box, It is going to show a down side as given by the Bearish Candle, But it might also go for the resistance line. I will take the sell trade here because it seems to be a great...
As we can see clearly that in my chart the market gave the red candle before closing. I know the market was volatile on Friday but looking at the previous factors we can say that the asset usually falls from this area and the another confirmation is the Resistance line which threw the market back from this point.
Market has shown its bearish side and it's the time for the bears to take over. Target is 108.00 as per my calculation but you can book partial profits and use trailing Stoploss or trail manually.
It seems that the asset has travelled a lot in bearish trend and it is the time for the bulls to return, and as seen today i.e.; on Monday the bulls are returning. No more selling; it's time for the correction in the market.
Bears are trying their best to pull market back to the correction, as we had seen a great jump in the asset in past few days; Now it's the time to bring back the market for correction. 1.2100 is the expected target but the traders can do the partial booking before also and use a trailing stoploss if possible or trail it manually.
As we can see that market is following its trend line and at the same time the rejection is also made on last saturday, So we can expect a proper uptrend now, Trading idea make a buy on monday TP1 1.2066 TP2 1.2090 SL 1.1830 When the daily candle closes above 1.9526 then move SL to entry
Wait for the Monday candle to close, if it is a strong bearish candle as shown in the graph then it is the sell opportunity, else if it goes above the trend line either on monday or tuesday then it is the chance to buy and the next target is going to be 1.395 from there it may retrace a bit but when seen strong bullish it means 1.41. Monday's candle plays an...
As the market of USD/CHF is retracing upside put a sell lim in the provided area now Sell Lim. 0.8920-0.8934 Stop loss 0.8950 TP1 0.8877 TP2 0.8845 Thank You and Have a nice day
There are certain chances for market to retrace for a bit and break the trend, but it will be back from its resistance. Wait till the market closes above the 1.2188 to open a buy trade else put a buy lim on 1.2055. Buy Lim. 1.2055 Stop loss 1.2015 TP1 1.2140 TP2 1.2125 TP3 1.2175 TP4 1.2185 TP5 ...