Wow ZIL hodling strong. Next target is $0.10 and possibly road to $0.25. Strong support at $0.046. Trade Cautiously.
XAG hold at longterm support area and start to bounce from there. And now seems like forming a bullish flag with a possible target at around $45. Support is still seen at $21. Trade Cautiously.
Seems like XAU is forming a cup and handle. Breakout to the handle could possibly target close to 3K by April 2021. Support is seen at handle trendline or around 1800. Trade Cautiously.
Seems ZIL on its way to retest the $0.05, breakout to that level could possibly retest $0.10. I think next year is exciting year for ZIL and could possibly retest ATH. Support at $0.03. Trade Cautiously.
Nice LTC looking strong and could possibly retest the strong longterm resistance area of around 135. Breakout to that level could create a longterm bullish trend to LTC that could retest ATH. Immediate support at around 100, breakdown to this level could retest around 93 area. Trade Cautiously.
ITC DB in Daily Renko chart and making higher high pattern. look for the target 255-265-300 level. Lets see Will it make 255 on 05th Jan 2021
Double bottom using renko chart a few days ago. Longterm target to create all-time high using renko chart at 3.71. Very attractive risk reward ratio of 5.71. With a possible gain of 436% if reach the 3.31 TP area. Support at previous bottom of around 0.14. Trade Cautiously.
Bullish divergence a few days ago. Resistance around $4.5 while support at $1.98. Risk reward ratio seems attractive at 3, with possible gain of 71% if 4.5 got hit and possible loss of 24% if stopped out at 1.98. Trade Cautiously.
Greeting Traders. This is EURUSD 4hour chart and I have put Renko Analysis in this chart and also have a moving average with Renko. And moving averages serve as support and resistance. Thank you. -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
One more renko chart and will hit the longterm resistance area. Breakout to that level could possibly reach 1,900 longterm target. Support around 479. Trade Cautiously.
Just one more renko chart and will retest the all time high. Breakout to that level could potentially hit around 29K. Support at 17k. Trade Cautiously.
First trade set for the day. Be on the look out for updates. Target is 20 pips, SL is 20-25 pips
Bullish divergence forming. Divergence indicator going up while the price going down. Also renko chart solid bullish candle formed. Long Entry: 5.33. SL: 4.093. TP: 8.55. Risk reward attractive at 2.61, possible gain of 60.46% but also possible loss of 23.19% if the TP or SL got hit. TAYOR. Disclaimer: Trading and investing have risk. So always do your own...
Divergence Indicator going up, while the price is going down. Also trading near lower Bollinger Band and near support level. Entry: 48.06 Stop loss: 41.90 TP: 67.54 Trade with caution. Disclaimer: Trading and investing have risk. So always do your own research and trade at your own risk.
Break the lower Bollinger Band and near the channel support. Renko chart still on bearish mode. Can still go lower, but I think it's better to start accumulating. Trade with caution. Disclaimer: Trading and investing have risk. So always do your own research and trade at your own risk.
Look into the performance of similar pull backs over the last 3 years on fib based bollinger bands and you will see that each time it has reversed from this point it has brought back excellent gains. On set 5/1 R/R as stop should be moved up until an eventual pullback