sahiltandale824

sahiltandale824

This trade involves shorting Gold, going against the prevailing trend. Currently, Gold is In an uptrend, but it recently experienced a significant decline. There's an untested critical level for Gold between 2070 to 2080. If we witness a rejection around that level, we can consider shorting Gold. Trading against the trend typically carries high risk, yet if our...

sahiltandale824

The EUR/USD is in a uptrend and has recently experienced a breakdown at a significant support level. If there's a retest, we can consider a short position. Our stop loss would be set at 7 to 10 pips, and the take profit target would range between 25 to 30 pips. This trade involves a trend reversal, making it slightly riskier as it goes against the prevailing...

sahiltandale824

As USDJPY is in a downtrend, we're considering trades on the downside. Recently, it generated significant liquidity from the 141.000 level and experienced a pullback. We're considering a short position on USDJPY at 143.500, contingent upon confirmation and market behavior. The stop loss for this trade will be around 35 to 40 pips, considering the analysis...

sahiltandale824

On the 1-hour timeframe, EURUSD is experiencing a downtrend. At 1.08155, there's an untested level where a downside trade could be anticipated if the market retraces for a retest. We should consider planning for a short-side trade only upon receiving confirmation.

sahiltandale824

On the 1-hour timeframe, AUDUSD has experienced a significant trendline breakdown, Presenting an Unmedicated area where we can consider a short-side entry. Upon confirmation on the 15-minute timeframe We can plan a trade on the short side, setting our stoploss of 7 to 10 pips and initial take profit (TP) at 30 pips and our secondary TP at 50 pips. This area also...

sahiltandale824

The EUR/USD pair has indicated a potential trend reversal towards the long side on the 1-day timeframe. However, on the 4-hour timeframe, it currently rests upon a strong trendline. Should it witness a significant breakdown below 1.08745 followed by a retest, we might consider a short position, taking into account the Fibonacci 0.6 level and overall market...

sahiltandale824

On the 4-hour timeframe, USD/JPY has shown a significant breakdown. The current internal structure favors a short-side trade. Looking at the 15-minute timeframe, the currency pair is following a trend line and aligning with the Fibonacci Golden Zone. There's a strong likelihood of rejection between the range of 148.020 to 148.150. However, there's also a...