jadhaodipak999

jadhaodipak999

its recent falling method suggest after each swing toward downside it retraces back to 38.2% and then continues falling

jadhaodipak999

because of fresh new upside trend started in gbp/usd there are very few chances that it retraces back to 50% fibo level but if it did then we are looking it for buy

jadhaodipak999

recent history suggest whenever it gives sharp fall it gives big momentum towards down side so here is the plan as per shown in chart

jadhaodipak999

it is in slowly uprise trend which signify that it unable to penetrate previous lower highs (x,y,z). so looking for a buy at support and keeping my stoploss at previous lower high

jadhaodipak999

when sharp down fall happens in slow and uprise consolidation it generally breaks the support line with retracement of 23.6% so here is the plan

jadhaodipak999

here measure trend is downside and during downfall it recently make a pattern that shows upside consolidation then fall then riseup quickly trap the retailers and then finally continues it's measure trend so here is a plan

jadhaodipak999

on 1hr timeframe it generally makes head and shoulder pattern then gives fake breakout and continues it's original trend i.e.downside this trade is for swing traders so here is the plan

jadhaodipak999

whenever fast selling happens it generally retrace back to a level of 61.8% levels generally. and then the real trend may continues. so on the basis of history we buy it for a target of 61.8%

jadhaodipak999

after traping retailers on upside generally it gives breadown so here is a plan

jadhaodipak999

it generally gives breakout then make double top pattern and it gives us opportunity to sell so here is the plan

jadhaodipak999

whenever in downtrend eur/usd rises slowly and gives fast selling it generally breaks the previous lower level so here is a plan

jadhaodipak999

nzd/usd tells us the right story about itself it first make one lower high to give the sign of continuation but it actually consolidates then try to give upside breakout but it fails and measure trend i.e. down trend continues

jadhaodipak999

its history tell us it likely to make inverted flag and poll pattern with the trap for retailers as per drawn by me in chart, then after this will continues it's trend i.e. downside

jadhaodipak999

1) short trand is upward 2) generally continues its trend from retracements 3)its history has such moves

jadhaodipak999

nzd/usd has history of continuation patterns after retracement of 38.2% level so here is the plan

jadhaodipak999

GBP/USD is known for traps and RISE PATTERN the same is LIKELY TO HAPPENS HERE SO PLAN IS AS READY

jadhaodipak999

it is in a down trend and its history sugest it keeps breaking first lower high of its downtrend so here is the plan

jadhaodipak999

dxy index doesn't gives any direction so it is a range bound market at the same time nzd/usd is in range so here is the plan