As per 15 minutes chart, Bank nifty identified the double bottom and it has broken the neckline. Now it is moving towards the target of 31000
Pending Order: Buy USD/CAD @ 1.3342 TP: 1.3354 SL: 1.3327
This is only post for information, not for trade. I have mentioned the support which may react.
Pending Limit Order: Buy EUR/JPY @ 122.23 TP: 122.38 SL: 122.08
A new decline is expected for Aud/Usd, in fact in the last sessions the price stabilized between 78.6% and 100% of the Fibonacci retracement. Speaking about the price it was between the support at 0.675 and the resistance at 0.705. Throughout the summer it should continue to lateralize in this channel as, fundamentally, both the Australian central bank and the FED...
What is going on Eur/Usd ? So the price is undergoing a very short-term rebound. This allowed the price to return in the 1.12 area. In fact, after entering short about a month ago and reaching the first target in the area of 1,112 (as indicated in the previous analysis), the price returned again near the previous entry point. Technically, the trend still remains...
On this one, I'm going to trade a short scalp on BAC. A resistance that have showed to be valid is tested again just before the weekend and after that seen some bearish conformation that it is not ready to break yet. With a slightly high RSI at 70 I'm getting in. The target is where I drew the support on the chart. Thanks for reading! Wesley
If there is a minor continuation on the Dollar, We can see levels as high as 98.00 - 99.00 there has to be big trader sponsorship in these candles to define if we have a bullish Dollar... Say we do? that 70.5% would be our price entry? NO we are just guaging the big trader sponsor ship on grabbing up all the dollar. Seems like they were looking for levels to...
All description on chart. Don't forget to like and follow. Thank you.
The price of nzd/usd broke again the static support identified by 78.6% of the Fibonacci retracement. It's placed at 0.662 and the pair close the last week below it. Technically the trend has been declining since February 2018. It's starting from the area on 0.75 and has lost over 10 cents. Then bounced back to form this last wave of correction started in November...
Welcome to this analysis guys on todays bank holiday. We are looking at the CHFJPY on the 1h time frame. There was a clearly bearish trend line, which was broken to the upside and got retested. The retest happened with a pin bar or a so called wick. A good indicator about a trend change. My favorite divergence is also in place. It is still possible to enter...
Here is my fresh analysis and outlook on GJ on a W1/MN perspective
Its more likely to go down but still breaking the top is also possible by an up move. Trade carefully at your own risk and strategy.
Inverse Head and Shoulders on the weekly / daily NYSE:BAC $BAC chart. I would probably wait for $BAC to rise above $30.5 -$31 before entering into a long position. If $BAC sees $31 then the first target is $32, and the last target is $35 (although I find this hard to believe to be honest). Something to consider: $WFC Wells Fargo has a Head and Shoulders...
NYSE:JPM JPMORGAN CHASE & CO Stock - NYSE (USA) Profit:Risk = 2.24:1 --- Sell = $113.73 Take Profit = $106.74 Stop Loss = $116.85 ------ Take Profit = +6.15% Stop Loss = -2.74%