1. Gold near resisitance 2. RSI Showing bearish diversion 3. Support turn resisitance
1. Doubler top 2. Break below neckline 3. Support turn Resistance
After a fall down from 2006 level gold found support on 1913 and bounce back as seen in small time frame. if gold this support then we go for long with small target of 1933 and after 1955 level.
After a sharp cell of 3 week its time for rectracement. price form double bottom which is good sign for reversal so lets enter the trade with good risk and reward. OANDA:EURAUD
after fall from 45500 btc currenty at demand zone which provide good sign of trend reversal. so go for Long #long #btclong BYBIT:BTCUSD
Right now NZDUSD trade Out of Trinagle which give barish sign. IF it trade around 0.68134. then we open a Short Entry with target of 0.68055
As Correction contniue BankNifty Break Below 39593. which is 0.5 Fibonachi ratio. BankNifty Take support of 38926 Aggresevly and Trageting 39593 Which is resistance and another thing that is 20 moving avrage which provide Resistance in one hour time frame but 20 moving avrage provide support in one day time frame. so now it become intresting to see BankNifty break...
As USD Getting week And CHF geting strong we looking for a long postion in CHFUSD. Currently CHF is at 1.0972 WHich is A good resistance AS we break above it. we go for a long till its perivous High 1.1083.
As USD get week and AUD get stronger we se a triangle formation on abse and we could expect price to move up to test its high once again 0.75464. so get ready to long in AUDUSD.
After long bull run USDJPY Consolidate around 114.699 to 113.948. its look like after a long bull run market may retrace to 0.786 of fibionachi ration which is 113.579. so if market follow the above analysis then we could go for short for good risk and reward ration(1:3).