USDJPY price is near strong resistance zone And the TREND may reverse from 137$ ~ 140$ !!
so if we see high volume of bearish orders , we expect the trend reversal and going to the next supply zone (130$)
4 month ascending triangle breakout and throwback into apex
Pocket Pivot breakout
Mini 3C (cup completion cheat) setting up
Risk: 180 bps
You don't need to know what's going to happen next to make money ~Mark Douglas
Anything can happen ~Mark Douglas
After ERs price made a below longterm support and it now can retest it as resistance.
I am watching price action to see if we can form a new descending channel.
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 3:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 3:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
As you can see, the price has respected the 200sma (blue) since the break from Covid lows.
Risk-reward-ratio presented is interesting as you will figure out if you are right or wrong pretty quickly; especially since the Bollinger bands have been contracting as we have consolidated.
Trade setup:
Target around $1000 for profit-exit.
Loss-protection exit 1-2%...
The stock has broken out and retested, therefore it may undergo a rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the upper trendline. The target is placed near swing high.
The stock has broken out and might retest, therefore it may undergo a rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 3:1
SL is placed below support zone, 200 EMA & the upper trendline. The target is placed near swing high.
Bank Nifty has broken the major support at 38380, the lower trendline and 50 EMA. PSAR has also turned Bearish. With COVID Mutant Variant spooking the markets, it could further pull the marker down. Bank Nifty can find support near the support zones listed in the chart or EMA or Base Lower Trendline and bounce back. Failing to do so can further cause correction in...
The stock has broken out and retested, therefore it may undergo a rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone, upper & lower trendline. The target is placed near swing high.
Note: Market is having weak sentiments, making this a high risk trade. Due Caution Is Required.
Standard Bank is far from a “quality” company, and they arguably have several structural headwinds over the next several years. Nevertheless, the company seems to be trading at a discount.
Standard bank suffered a +/- 55% reduction in their annual earnings per share from 2018 – 2020. This has resulted in the annual debt to EBITDA more than doubling from 2019 to...
The stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near swing high.
Run up to T1 looking probable now that HIG has broken out of minor pullback and sustained new support.
Closing over pivot will give us high probability to reach T1 and give us a free trade to ride to potential T2.
