USDJPY (H4) Potential buying opportunities may emerge. Indicators that have manifested: 1. The current price range exhibits a narrow band in comparison to the preceding price surge, amounting to less than one-third of the prior increase. 2. The aforementioned resistance levels appear relatively feeble, given the brevity of the resistance duration. The command...
Hi Traders! EURUSD is in a descending triangle, and there is a possibility of a break below the trendline support. Here are the details: The market is trending down with swings of lower highs and lower lows following the break and close below the 20 EMA. Our idea is to sell rallies, looking for a break below the support trendline at 1.07237. Preferred...
HCL TECHNOLOGIES LTD Key highlights: 💡⚡ ✅On 1Hour Time Frame Stock Showing Breakout of Uptrend Channel Pattern. ✅Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 1660+. ✅Can Go Long in this stock by placing a stop loss below 1595-.
Hi Traders! There is a bear flag pattern developing on the AUDUSD 3H chart. Here are the details: The price action looks bearish, and the market is currently in a consolidation phase in the flag's channel as the flag pattern is in its early phase. The market is still below the 20 EMA, which is a bearish signal. As long as the market remains below the EMA and...
Hi Traders! A head-and-shoulders pattern is forming on the AUDUSD 1D chart. Here are the details: The market has found strong support at the 0.65255 level, which is the neckline. The right shoulder is currently forming, and we expect some consolidation around this level before a possible break and close below the neckline. The plan here is to monitor both the...
Technical analysis Hello trader's are you looking for a bearish analysis eurusd moving Up trand 1.65489 Fullback down trandline this week eurusd bearish moving DXY INDEX ☝️💪 104.000 Entry 1.65489 Tp. 1.63150 Tp. 1.61268 TVC:DXY FX:EURAUD Safe trade ❤️😊 plaes like ❣️ and comments 👍
The stock is strong in all higher timeframes, strong consolidation in uptrend is happening for the last 10 weeks close to all time high levels. It is now reversing from the base level of 226. Daily and weekly candles shows a price action of reversal. RSI supportive. ENtry - 235 - 240 Target - 270, 280,300.
PEPPERSTONE:GBPUSD GU price is massive down due to DXY Bullish new last Friday. Now GU is consolidation 1.26112 to 1.26450 Level. That is very good sign to again gain momentum in next week. Based on my Analysis BS: 1.26451 Level After Retest SL: 1.26113 TP: 1.26728 TP2:1.27019 Disclaimer: Please be aware that this information is not provided as financial...
POLYCAB INDIA LTD Key highlights: 💡⚡ ✅On 1Hour Time Frame Stock Showing Breakout of Symmetrical Triangle Pattern. ✅Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 4891+. ✅Can Go Long in this stock by placing a stop loss below 4200-.
Nifty will be gap up opening in today's session. After opening nifty sustain above 21700 level and then possible upside rally up to 21810 level & this rally can extend another 100-120 points if market gives breakout 21830 level in today's session. in case nifty trades below 21670 level then the downside target can go up to the 21550 level.
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 46050 level then possible upside rally of 400-500 points upto 46450 level & this rally can extend another 400 points if market give breakout 46550 level.Any Major downside only expected in case banknifty starts trading below 45950 level.
Hi Traders! A symmetrical triangle has formed on the GBPUSD 1D chart, and we could have a breakout soon as pressure is quickly mounting on the pound. Here are the details: The market has found support and resistance at both the trendline support and trendline resistance of the triangle, as the market is looking for a direction. Looking at the price action, it...
The stock is in strong uptrend in all time frames - higher to daily and above. The stock is in strong momentum based on RSI in D, W, M. All above 60. Daily is reversing from a Higher low formation with double bottom and Morning star formation. One may consider an entry based on today's close candle, or even at cmp if aggressive. Entry - 104/105 Target - 112...
Hi Traders! An ascending triangle is forming on the NZDUSD 4H chart, and we could have a breakout soon. Here are the details: The market has found support and resistance at both the trendline support and trendline resistance of the triangle, as the market is looking for a direction. Looking at the price action, it looks bullish due to the market swings; the...
The stock is about to break it's All time high, 5 year old BO in Monthly. --> Cup and handle - Rounding bottom. It has been consolidating for the last 8 weeks, Monthly shows inside candle. Daily shows good volume BO. One can look for swing opportunity till 365. 7% ROI. If there is a strong weekly close , one may enter on dips for , Target 1 - 365 Target 2 -...
BATA INDIA LTD Key highlights: 💡⚡ 📈 On 1Day Time Frame Stock Showing Reversal of Broadening Wedge Pattern. 📈 It can give movement upto the Reversal Final target of Above 1645+. 📈 There have chances of breakout of Resistance level too. 📈 After breakout of Resistance level this stock can gives strong upside rally upto Above 1830+. 📈 Can Go Long in this stock by...
Hi Traders! A falling wedge is forming on the EURUSD 4H chart, and we could have a breakout soon. Here are the details: The market has found support and resistance at both the trendline support and trendline resistance of the wedge, as the market is looking for a direction. Looking at the price action, it looks bullish; we have had multiple tests at the...
On 17th January, supply exceeded demand. So, the support line has been broken. The time will prove, whether: 1) Nifty will retest this level and fall further. or 2) Nifty will breakout this level and trade in the upward channel again.