✅GBP_USD is trading in a downtrend Along the falling resistance line Which makes me bearish biased And the pair is about to retest the resistance Thus, a pullback and a move down are expected With the target of retesting the level below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Possible bear trap developing if CEST 2PM closes above the 20SMA and reversing back from today's low completing double bottom bullish pattern that confluence with a break from below of the downtrend line from last Thursday high.
Shark pattern complete in Airtel stock at 635/630 and previous support, don't take Direct entry,retest then take entry For swing trade.
Hi Traders, Today I see a setup on Pound Aussie for a potential swing short which could yield a great return if patience and great trade management are applied. Price has clearly rejected a higher time frame Resistance and we are now looking at price pushing to the downside. I would like to see price take out the current support at 1.76580 where we can then wait...
FX:NZDUSD in the past week capitulate, but strong price action appears. FED decision is already taking a place on markets and in the next couple of days, we will see a lot of volatility. Over June futures contracts this week there is no way volatility to be low. Trade with confidence, but always be cautious. What is the supported thesis technically for the...
Price has broken the psychology level and then it gave us a bullish rejection follows of an impulse move upside ,now as you can see price is in a corrective phase , so we can expect the break out of this structure to go long .
Here's my watchlist for The coming week. Some interesting Trading setups. Made with @AVENUESOFINVESTMENT . Which stocks are on your radar?
Outside Inside of Bollinger Band with 2nd Hummer Trade. Buy @ Stop Loss @ Terget @
GBPCHF : Sell Stop .Trade at your Own Risk. Protect your money Using Stop Loss and Never loose More than 0.5% On a Trade.
colpal looking good for 15-20% move..holding time near to 3-6 months.. (EMA USED 200EMA ) (WEEKLY CHART)
TX beat EPS but misses slightly revenue. But the companys has been doing well over the year. From technical side, TX is uptrend in the long term. Currently, it stays on strong support Risk area might me 4% from current price. Profit might get up to 20%.
fundamentals: decent fundamentals for a short sector: XLE at key level (resistance) and already overbought, good short thesis: horizontal resistance play playing the bounce back down to support buy confluences: horizontal resistance, no volume above, resistance trendline, poc below, 200MA below, rsi overbought, vortex bulls high bears low (both of them well...
The stock is compressing near the demand also the volume is drying up. It's ready to fly.
Voltas look good for long position. Wait for the candle to close above resistance line and then maybe one can consider it for buying
GBPUSD swing short , yes stop loss is bigger than usual , using smaller lots
My Bias was changed to bullish for at least short term. You can hedge positions, if you have entered on my previous short entries. Please use proper risk management & this is not a financial advice.
Watching to see what happens with this chart pattern we're seeing form on ARKG. Over the last few months the ARK funds have been in the spotlight as funds that won't be able to perform well past the initial hype. Will ARKG be able to take back its glory or breakdown to lower levels? We'll see.