After the break of the yellow triangle to the upper side and above 5200 Yuan, we are stuck in a ascending triangle. We have a big resistance above the 5350 Yuan level. We have to break the 5450 Yuan level before we can go up higher in price. The next big support level is around 5100 Yuan. After a possible downward ...
Daily Candle has broke key resistance level of 116.14. I now expect price action to continue to rise bullish to the next key resistance level of 118.35 area. Price is currently at 117.14https://www.tradingview.com/x/GC53PLer/
We are right now in the resistance zone around 1.1215's in EURUSD and based on price action after bearish confirmation you can enter shorts with proper stops. Aiming for D completion ( as target for shorts in EURUSD) will be good idea. We can initiate longs when Bullish bat is completed with stops below ...
A breakdown of EUR/USD with potential scenarios for both the up and downside.
The blue box indicates the criteria for entry with 4/5 requirements needing to be met before entry, this method cuts losses and gives a clear structured way to enter trades that can be back-tested.
After a consolidating for a while in a rectangular range, Today the price action breaks above the previous highs or resistance and now expect to make a fresh high close. It indicates strength from buyers side and confirmation of upward move.
Today, it was totally a buyers show as it was in Bajaj Auto (attested below). Buyers actively took the prices up and above from previous resistance level of 5015 and now it shall move further up and reach to 5200 levels before the profit booking takes place. It is a good time to enter with stoploss at 4920.
Today, it was totally a buyers show. Buyers actively took the prices above the previous resistance level of 2940 and now it shall move further up and reach to 3000-3050 levels before the profit booking takes place. It is a good time to enter with stoploss at 2870.