Gold is making a bearish head and shoulder pattern,indicating potential sell off position.More over,todays Un employement claims are expecting to be positive for USD as inflation cools down and consumer confidence increasing,therefore having potential positive impact on DXY. What's ur take guyz..?
Stock is showing double top bearish pattern confluencing with bearish divergence on daily time frame.Also yesterdays bearish engulfing candle supports bearish bias. Could be a very good short entry with stoploss above recent high and targets should be the last HL.
Currently trading in a falling wedge pattern,stock is a buy now position having bullish divergence on RSI.
UK-100 is on the verge of Symetrical triangle breakout. We will buy it on the breakout confirmation and targets last high.Our stops wil be last Lower High.
US Natural Gas is in buy position,as on Daily time frame making a bullish divergence and just taking support from 0.5 Fib level. Targets should be very next resistance which is 2.121 to 2.219.
LOTCHEM is moving in down parallel channel,testing its lower line with a clear bullish divergence on the RSI.
Netsol is buy on dips,breaking long consolidation range is on bullish move could give good returns.