realstarks.fx

realstarks.fx

GBPNZD:- SETUP- SUPPORT TURNED RESISTANCE SELL GBPNZD@1.834 SL@1.843 TP 1.80

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Breakout and retest of rising trend and consequently formation of doji on daily time frame create a bearish bias. Use sell @CMP, SL@1.319 TP@1.297

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Breakout and retest of rising trend and consequently formation of doji on daily time frame create a bullish bias. Use sell @CMP, SL@1.319 TP@1.297

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INVERTED HAMMER NEAR THE RESISTANCE ZONE, PRICE LOOKS REJECTING THAT LEVEL. SELL@CMP, SL@1.727, TP1@1.700, TP2@1.680

realstarks.fx

INVERTED HAMMER NEAR THE RESISTANCE ZONE, PRICE LOOKS REJECTING THAT LEVEL. SELL@CMP, SL@1.727, TP1@1.700, TP2@1.680

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REJECTION CANDLES NEAR THE RESISTANCE ZONE . THIS IS SCENARIO ON HIGER TIME FRAME

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Price action trading inside a triangle on weekly time frame. Looks a likes bears may push price down to the bottom of triangle(lower line sum support line). It also look likes that HS pattern on the same time frame is being formed. Therefore, if neckline of HS Pattern is broken, it may give us more pips in the long run. I will separately post the chart for H-S...

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#USDJPY:- Formation of Elliot wave. Seems like 5- wave impulse move has finished which confluence with the touch of annual resistance zone and corrective move is in the offing. A SELL LIMIT entry can be taken from 113.100 SL@113.500 with TP1@111.500, TP2@110.00

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On touch of Annual Resistance zone which is at 114.00 and clearly visible on W1 chart, one may take Short position on test of this zone.

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EURJPY on H4 is retesting its broken resistance. Also emergence of exhaustive candle signaling a bear move ahead