Pound continues to lose its ground against Aussie as the bearish rally in the pair continues. Sellers should aim for buying on dips strategy as strong rejection from previous higher low, and a bearish divergence shows bears are still in control.
Hello Dear Fellows , how are you , hows going your trading , in todays Trading Session i am not much expecting from any pair , or you can say i am not feeling confident as Currency Pairs are not align yet properly , I chose EURGBP pair for todays trading session as it has room to move further downside and it has good Risk Reward too ,
Anyways , Trade with Strict...
I have interest in this orderblock/Supply zone. It has a great expansion or drop away from the level and it even left behind a fair value gap. But if price continues breaking swings to the downside, I will promptly lose interest in this sell set up. The drop, whether price retraces or not, is supported by the daily time frame where it seems that price is heading...
Bal Krishna Ind 15 min chart
1. Bearish divergence in RSI
2. LTP: 1967.15
3. Resistance zone: 1974 to 1983
4. Support zone: 1918 to 1925
Sell on rise
1. I think that the support zone might be compromised
2. Risk to reward ratio is very good
As published earlier, USOIL started reversing from our POI, since there was no proper confiramtion near our POI I had to wait for a break of structure in lower timeframe to enter, fortunately we got triggered and I've trailed the stop loss to my entry price.
SGX NIFTY is Consolidating From Today's Opening SGX NIFTY Needs To Break Previous Day Closing High @16230 If SGX NIFTY Breaks @16230 Then SGX NIFTY Turn Bullish Trend If SGX NIFTY Breaks Today's Low @16168 Then SGX NIFTY Will Turn Bearish Trend
• On Thursday Night SGX NIFTY Hit A Low Of @15800
• On Friday SGX NIFTY Closed At @16200
• That's A 400 Points Move...
MCX:SILVERMIC1!
below 58600 you can short there are 2 supports near 56k and 51k so we can expect 1500-2000 points
what are your thoughts please comment below
Currently, we are in a correction phase waiting for the breakout in the future time to come. When wave C got completed, based on my perspective or view, a falcon wave has already formed also waiting for the breakout. A slight correction which started from 1.20000 to a fibs level between 50.0% and 61.8% is my anticipation. Once price reaches those fib level look...
It feels like only Yesterday we predicted that ETHEREUM FALL FOR 12 ! TWELVE CONSECUTIVE WEEKS.
IT TOOK ETHEREUM JUST A SINGLE DAY ! TO FULFILL THAT ANALYSIS OF FURTHER FALL OF ETH PRICE - PERFECTLY.
Registering for the trade history that our analysis was correct - we now predict that
The fall of Ethereum WILL continue uninterrupted for THIRTEEN 13! WEEKS.
Price is now starting to slow down and show signs we are going to see a drop, so this is the scenario ill be looking for.. if price pushes back above that last high then this setup is invalid and we will most likely see price continue.
One usdt is About to form an inverse head and Shoulder pattern, this Signifies bullish movement, but a retracement immediately after the bullish movement
BITSTAMP:ETHUSD Currently trading at 2430. If it goes up slowly slowly then it can take RESISTANCE in the upper trendline as you can see in the chart. If 3 to 4 candle formed near the upper TRENDLINE then from there it can again come down and fall up to the price of 2370. If the price goes up in a flow then there will be high chance of breakout of the upper...
The "falling three methods" is a bearish, five-candle continuation pattern that signals an interruption, but not a reversal, of the current downtrend. I would short below the yellow trend line support on a break and close of it with a 1 hour candle and with a stop loss just above the trend line. There was huge red volume spike and oscillators are looking...
