Demand set up on GBPCHF for a long position. Take profit 1 at 1:1 and leave a runner.
EXPLORE THE PREVIOUS ANALYSIS TO GAIN THE CONFIDENCE TO TRADE. NSE:RELIANCE closed the week with massive down, expecting some good move in upcoming weeks, for that 2275 could be the best price to enter with the stop loss below 2250 and the target can be 2475 or even the ATH . COMMENT BELOW TO LEARN THE CONCEPTS FOR FREE.
I don't want to spend much time explaining and just move straight to the point. I am using Demand and Supply with Elliott wave for this analysis Look at my previous analysis here From my previous analysis Price completed 5 wave movement which ended @ 1901 as opposed to my projection at 1904, and it has shown a clear rejection at the demand zone highlighted on...
Micro Impulse bearish wave expected to 25k demand. The price action is suggesting a potential rejection from this actual macro consolidation.
heloo guys gbpusd in my idea is sell stop loss on this order very small trade and enjoy it this structure setup by my strategy please support me by like and comment
Price is on a downtrend for a couple of weeks now and it is currently moving up i.e. pulling back to retests supply zones, OB, or broken structures. I am anticipating Price to getting to 1.2585-12592 where I have a supply zone drawn, which is also the 50% Fib retracement level and show a rejection/signs of weakness, which would make me sell for 200+pips. Price...
50% retracement is one of the most important support and resistance. By creating the 50% zones it is possible to notice how at each timeframe the bars touch the support or resistance ones. The greater the time frames on which the lines are drawn, the greater the impact in terms of importance on the lower time frames.
hi guys my setup on eur usd is buy please support me by comment
A demand area was formed prior to breaking the last supply area. I've selected the base candle right on the lower edge of demand zone as an area to buy. * But bear in mind later today we have highly important news hitting dollar market which makes our analysis subject to the news *
FMCG index has given a good impulsive move and now it is at the end of retracement move, expecting the index to be BULLISH in the upcoming months if it gives any kind of reversal from the VALID DEMAND ZONE then can start to build long positions in the sector
NSE:BANKNIFTY is nearer to the important DEMAND ZONE, if it takes any kind of support like a PINBAR or an engulfing candle, can look for an up move or if it break the DEMAND ZONE never look for upside trade. 44000 round number may be great support for BN.
whenever a stock rally near or at ATH never look for the retracements instead look for valid pullbacks , so, by which can join the rally. Here, NSE:SYNGENE is given an opportunity to participate in the rally by risking 2.5% for the gain of 8.5% or even more and can enter the trade above 28/08/2023 candle's high by placing strict stoploss below the candle's low.
for GAINING atleast 13.5%, NSE:HEROMOTOCO is in rally for past 5 months and expecting it to continue it's rally until it reaches the ATH (fundamental view : expecting rise in revenue by HARLEY-DAVIDSON partnership) and it also respected the valid DEMAND ZONEs in the past. 2862.50 or below it could be the best price to enter the trade and the target could be...
price made CHANGE OF CHARACTER from BERAISH to BULLISH in DAILY time frame and taken out the inducement (1st pullback) and reached the first valid DEMAND ZONE and we can look for LONG from that level and can ENTER the trade ABOVE 25/08/2023 candle's high by placing a strict STOPLOSS of 3% or when the SL got hit, can look for long from extreme demand zone...
I’m expecting the week to start and take all of the liquidity above those highs (red dots). The volume of that move higher will be very important to take into consideration. The issue is, the week needs to make a new low and that fact alone will probably give bears an advantage from my POV. To make a significant low on the weekly, price will probably have to...
Xau/Usd Reaches Fair Value. The ExodusTradingDesk has spotted fair price that we believe will produce a potential buy/long opportunity for the precious metal gold. We will buy the pair should we have a 30min candle close above the identified price zone at 1931 with our target set to 1945. Use adequate risk management if you are to execute a trade with this...
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