NSE:DELHIVERY When Delhivery Close Above 400 Level Then UPSIDE Our first Target is 422 & close above 422 then Second Target is 452 In Upside. Then Next Target As Per Fib Retracement Levels.
The last two days have been highly bullish, wouldn't you agree? Just enough to get buyers off their wallets to deliver a devastating blow. Last week we successfully sold US30 for 500 pips. I expect more of the same this upcoming week.
I've Identified 5 Different Structures that give us a price cluster, at a significant market level. Details Below.
Structure...
Analyzing levels. A relatively strong level on 26.6 has been passed. This level coincides with Fibonacci 0.382 pulled down from the recent high to the recent low. So I expect ETC not to go below 24.8 but rather reverse on 25.1 and go up again back to 28 and may be 30. What do you think?
A good place to go short would be on breakout of this structure, it may still have more upside thats why you need to wait to get a clear breakout and then sell targetting 1.2870
GBPJPY is in correction after this last 1H impulse up, I'll wait for it to complete the abc structure, and will look to buy 0.618 fib level which is riskier entry.A more conservative entry would be to wait and buy the breakout targetting 134.90.Trade your plan
Hi Traders,
There are two advanced patterns nearing completion on EURJPY. There is a bearish Cypher Pattern completing the D leg at 113.540, and a bullish Gartley Pattern completing the D leg at 112.630. If we move below 112.780 before moving up to reach the Cypher pattern completion it will be invalid. It will be interesting to see how this plays out during...
GBPUSD has pushed through Significant resistance. The moving averages have know crossed and price is above for the first time in a while. Looking to add here on a pullback at the 1.4550 levels.
Target 1 : 1.4800
Target 2 : 1.50
Here's some significant structure levels.
The buy zone which is in a support/resistance zone shows also a confluence of Fibonacci's retracement ratios.
Quick clean idea on EURJPY.
Drawn Support and resistance based on structure, wedge tightening.
Fibonacci retrace level shows 61.8% reversal possibility occurring from last months High/low point.
Commodity channel index also heading south after being heavily overbrought
Seeking entry between 136.350 - 136.450 watching smaller TF's play out before...
