1- GBPUSD IS IN A SIDEWAYS TREND CURRENTLY IN A RESISTANCEZONE 2- FORMING A POTENTIAL RISING WEDGE 3- TRADE GET ACTIVATED ONCE THE YELLOW TREND LINE IS BREACHED 4- TARGET 1.22502
Nifty showing weakness to breach 8800 resistance zone and losing to create Higher Highs Higher lows pattern 1- Price reacting too 200 days moving average at 15 Min time frame 2- Trade gets activated once horizontal support zone is breached. 3- Potential target would be 8154 .
1-Price action is loosing uptrend momentum 2-Price could form a double top or a triple top 3-Once 1590 support is breached TRADE GET ACTIVATED
PRICE IS MOVING IN A PARALLEL CHANNEL PREVIOUSLY WHEN PRICE TOUCHED THE CHANNEL TREND LINE IT FORMED A ENGULFING CANDELSTICK PATTERN 298 SUPPORT TURNED INTO RESESTENCE WITH A GRAVE STONE DOJI ONCE 282 IS BREACHED ,THE NEXT TARGET WOULD BE 267
stock shows loss in momentum if there is breakout at 113 level we can expect a taget of 72 to achieve
1- BEARISH BAT FORMATION 2- STOCK AT PREVIOUS TREND LINE resistance 3- STOCK LOSING MOMENTUM ( RETEST ARE deeper ) AT 15 min chart there is a formation of bearish engulfing pattern price has respected previous trend line resistance and short term trend lin e resistance ( short entry after breakout of smaller time frame support trend line )