No scheduled important figures today and the EURUSD is moving rapidly upwards after a short reversal
breaking resistance at 1.8495.
Next resistance is estimated to be 1.8650.
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KCSUSDT had a false breakout from the triangle exactly on the Weekly support in 6.3$ area. The market grabbed new liquidity for this movement and started with the uptrend printed HH and HL.
The market had a clear breakout and retest on the dynamic resistance, a very good opportunity to apply MTB and create the first profit.
The price had another breakout from the...
Hello ! GBPUSD Broke The Channel Successfully
Now If GPBUSD Retest The Channel At 1.2050 Area Then You Can Take A Long Position For 1.2150 Area .
I Hope It Will Work And Give Us Good Pips .
Thank You
After a soo long tym a good breakout has-been come in fertilizer and chemical which look like bullish.
Buy it above 155
Target 165.30 174.5 180 200
Sl 141
D1 - Price has broken above a strong resistance zone and is holding above it.
No opposite signs.
H4 - Higher highs.
Currently it looks like a correction is happening.
Until the two strong support zones hold my short term view remains bullish here.
D1 - Price has broken above a strong resistance zone and is holding above it.
No signs of trend change.
H1 - Higher highs.
Currently it looks like a correction is happening.
Until the two key support zones hold my short term view remains bullish here.
A valid breakout above the most recent downtrend line would be the validation for this bullish view.
H4 - Price has broken above a strong resistance zone and is currently holding above it.
Higher highs.
No opposite signs.
H1 - Currently it looks like a correction is happening.
Bullish hidden divergence.
Until the two key support zones hold my short term view remains bullish here.
A very good resistance in breakout in renuka sugar and they also have big support of rsi bcs a good breakout was also done in rsi with heavy buying
Buy it at 51.50
Target 55.60 56.65 59.60 63.20
Sl 41
EURJPY has broken both trendlines and settled above the pivot point suggesting bullish continuation towards the resistance at 143.200.
Main Scenario:
If the price mantains stability above the pivot, we can open buy positions with targets at 141.330 and 143.2.
Note: Technical indicators display slight bearish divergence on lower timeframe warranting...
All details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting breakout charts.
Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only for educational purposes and not a trading recommendation.
All details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting breakout charts.
Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only for educational purposes and not a trading recommendation.
The price is in the consolidation phase between the monthly and weekly resistance
On the 4h timeframe the price had a breakout and retest the previous resistance as new support.
how to approach it?
IF the price is going to have a breakout from the weekly resistance and retest as new support, According to Plancton's strategy , we can set a nice order
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Keep...
hello all
i think we breakout from a range area and surpass the 1280 resistance.
now we reach 1650 resistance and the market react to it.
so i think we have a pullback to 1300 area and after that toward 1650 again
and repeatedly react to 1650 resistance and after that will go for 2000 resistance.
also maybe we have a 50% correction of this impulse wave that shows...
Within a 4 days time MATIC resistances have turned support 3 times offering plenty of entry points for fruitful Long set-ups.
Many traders who use technical analysis hear phrases that suggest a "broken support level will become a future area of resistance" or that a "previous level of resistance will become a support." For beginner traders, phrases like this...
