Hey There, - Like always, The chart is self-explanatory. - We saw a triangle breakout which happened very close to a crucial resistance zone that acted like one. - This is one previous support that turned crucial resistance - Previously, the price has fallen 3 times after testing this level. The fourth time's a charm? - We see a good consolidation at the...
FRA40 chart is showing completion of butterfly pattern . Now its forming new HH and HL so we can take instant entry by keeping previous HL as our stop loss.
MATIC ~ 1W #MATIC Continuing to maintain this pattern so far. Make purchases gradually within this pattern, with a target of at least 20%+
The current selling zone for the CAD/JPY currency pair is at 112.643. This indicates a strategic opportunity to capitalize on potential market movements. Setting take profit levels at 111.562, 111.053, and 110.500 allows for staggered exits, maximizing potential gains while mitigating risk. Meanwhile, placing a stop loss at 113.019 serves as a safeguard against...
The EUR/USD currency pair is currently presenting an opportune buy zone, marked at 1.07783. This suggests a strategic entry point for traders seeking to capitalize on potential upward movement in the exchange rate. Setting take-profit levels at 1.08600, 1.08800, and 1.09000 offers a layered approach to securing profits as the pair ascends. Meanwhile, implementing...
The USD/CHF currency pair is currently presenting a promising buy opportunity at the price level of 0.90598. Traders may consider setting multiple take-profit targets to maximize potential gains: at 0.90867, 0.90600, and 0.91588. It's crucial to incorporate a stop-loss order at 0.90205 to mitigate potential losses and manage risk effectively. This strategy aims to...
Follow LSE:ONDO as it finds its way around these triangles. Expect Large Candles once it Breaks that Orcus Ai resistance
Using AB=CD pattern we first marked PRZ(potential reversal zone). It has completed its AB=CD pattern so we can look for divergence. At latest LL's its showing divergence which is also indication of trend reversal. we will wait until it start printing HH and HL then we can take entry.
The pivot point for GOLD is identified at the price of 2299. If the price manages to hold above 2306, it suggests a neutral stance with a potential upward movement towards 2330. However, if the price declines below 2287, it indicates a continuation of the downtrend, potentially leading to a further decline towards 2265. It's essential to closely monitor these key...
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Moil Chart Analysis.........07/05/2024 Short: already short below 440 level. Sl : 452 lvl. Target : 404 / 360 ================================== Long : 360 lvl. add more qty. 340 lvl. Sl : 310 Target : 400 / open Enjoy ! Note : Use proper stop-loss on intraday short side.......
Price is falling towards the pivot which is a pullback support and could potentially bounce to the 1st resistance. Pivot: 3024.10 1st Support: 2960.89 1st Resistance: 3128.21 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable...
BankNifty Chart Analysis.........07/05/2024 Long: above 49020 level. Sl : 50 point premium Target : 49200 / 49400 / 49600 / 49860 Enjoy ! Note : You have to book some profit at 49400 level and also trail the stop-loss to 49200 in the remaining positions.
WTI oil (XTI/USD) is rising towards the pivot and could potential reverse to the 1st support. Pivot: 80.97 1st Support: 78.33 1st Resistance: 82.56 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please...
Price is rising towards a resistance level which is a pullback resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.97976 Why we like it: There is a pullback resistance level which lines up with the 61.8% Fibonacci retracement. Stop loss: 0.98340 Why we like it: There is a pullback resistance...
NZD/CAD is falling towards the support level which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.81706 Why we like it: There is a pullback support level which aligns with the 50% Fibonacci retracement. Stop loss: 0.81212 Why we like it: There is a pullback support level which...
Price is rising towards a resistance level which is a pullback resistance that aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.90951 Why we like it: There is a pullback resistance level which aligns with the 38.2% Fibonacci retracement. Stop loss: 0.91505 Why we like it: There is a pullback resistance...
USD/CAD is rising towards a resistance level which is a pullback resistance. A reversal from this level could indicate a double top pattern which could lead to a potential price drop to our take profit. Entry: 1.36919 Why we like it: There is a pullback resistance level. Stop loss: 1.37294 Why we like it: There is a pullback resistance level which aligns with...