No break out yet, but it's building up to it. Since Jan 2016, it's also made a rough H&S pattern Reversal to the upside?
Market Analysis: The pair is now trading near the demand zone. Now it has formed a double bottom near the zone level. If the market is able to break the resistance and closes above 295. We can go for a long with a target of 315. So let's wait and see what the market does in the coming days. Cheers!
Is this a breakout which signifies a reversal of the trend? Price is now well above the 50 EMA.
44p loss in 3 days or >10% A strong rejection of its 200EMA That's bearish as Brexit and economic chickens come home to roost. GATC has failed to move higher and looks bearish.
With the news of DEX a lot of traders have been waiting for BTS to jump. The opportunity might not come sooner as the 4 hour chart shows not only ascending triangle support and low RSI but also Ichimoku is showing a TK cross along with a cloud breakout. Possible big move up?
Hello Traders, RELIANCE long term trend is in bullish but the market price breaks below the daily correction with a good impulse and now we seen the lower time frame correction , so enter short term sell order Entry Details: Pair: RELIANCE Order: SELL Entry : 1325.13 Take Profit : 1137.98 Stop loss : 1396.25 Risk Vs Reward: 1:2.63
NIBT has been ranging since June 2014, and today it has broken out from the 60p resistance, which was tested 4 times during that period. So a very bullish day today and prospects for more gains are high.
ENTRY DETAILS: PAIR: GBPAUD ORDER: BUY PENDING ENTRY : 1.72206 TAKE PROFIT : .73256
ENTRY DETAILS: PAIR: RELIANCE ORDER: BUY ENTRY : 1449.20 STOP LOSS: 1341.01 TAKE PROFIT : 1449.20 R:R = 1:1.15
ENTRY DETAILS: PAIR: JUSTDIAL ORDER: BUY ENTRY : 535.40 STOP LOSS: 475.66 TAKE PROFIT : 604.84 R:R = 1:1.23