GBPUSD: 4H Long Signal - 24-01-18 Long Set-up 4H A.2 Entry Price: 1.26650 Take Profit: 1.27250 60 pips Stop Loss: 1.26350 30 pips Risk to Reward: 1:2
The stock is breaking out of 2 year old consolidation, once can expect 40-50% ROI in short to mid term. For Swing trade, one may look to enter at current price and trail profits post 114, 14-15% ROI. The stock is in uptrend in all higher timeframes. The stock is clearly indicating cup and handle pattern in weekly.
AUDCAD formed a huge head and shoulders pattern on a daily time frame. The neckline of the pattern was broken yesterday, and a daily candle successfully closed below that. I expect a bearish movement now. Next support - 0.878 ❤️Please, support my work with like, thank you!❤️
This looks bearish. If it breaks below 17-18 then most likely it will hit 10-12 range. If it does then expect it to recover back to 24.
If it breaks the low of 1080 in a 1h timeframe, its next target can be 1040,1027.
NYSE:HD benefited greatly from the pandemic lockdown and the numerous stimulus checks that over-stimulated all nations' economies. The stock has now moved above its trading range and has sustained, aka held onto, those gains. This patterns out the excessive revenues and earnings that were inevitably unsustainable for all of the companies that benefited from...
As per the video entries around now or next week looking to hold on to the short for a while stops where you're comfortable but great risk reward.
AUDCHF is trading in a bearish trend. After a strong selling wave, the pair was consolidating for 2 weeks within a narrow range on a daily. Yesterday, the support of the range was broken. We see its retest now. I expect a bearish movement lower. At least to 0.5636 level. ❤️Please, support my work with like, thank you!❤️
At 4H timeframe the bullish flag patter got a breakout. Now the market is retesting the support 2032. The swing marked in black is a swing now, if a 1H candle closes above 2045.05 then is a indication of impulse of the swing. The target and SL is marked in the chart. Risk: Reward ratio 1:2.73
NZDCAD has been ranging since December 2023. More specifically, this range formed in early December (of 2023) when price failed to form a new higher high. I've been monitoring this pair on and off. While I have observed previous fake breakouts, or fakeouts, I would say the confidence level that this latest breakout holds is much higher. This comes down to one...
ITI Prediction for Swing/ Posional Trading First trendline breakout at Entry 1 level. You can entry at Entry 1 level above 125.5 but there is a resistance 132-134 level. You can enter in trade at Entry 2 level above 134 close daily basis or you can entry at any of the above levels according to your experience. SLs- 122,118,112( according to your...
this stock breakout M TF level and stock gave good opportunity for swing trade and TGT will 423,487,631
Following US dollar strength looking at DXY during the final hour of trade this morning on the US markets, both DXY and UUP represent a potential bearish opportunity should momentum continue and lower highs and lower lows be made past the current position, aligning with technical indicators of RSI and DMI. Personal stop loss for the trade would be the high of the...
Based on the observation I've shared, Let's break down the chart says : Trend Line: I noticed that there is a one-year-long trend line that was pierced on the 28th of June. This indicates that the price broke above the trend line, which can be interpreted as a bullish signal. Higher Highs: I observed that the price has been forming higher highs from the previous...
Stock is in uptrend in all the Higher time frames, bullish flag breakout and consolidation and then BO is seen. The stock is poised for an up move of 15% from current market price. One may consider entry at CMP - 110 , target supply zones at 121, 125, 133, 137 zones.
The stock is in strong uptrend in all larger time frames. Poised for a daily breakout - part of Monthly reversal. Monthly - Strong buying candle seen in September, which could not be defeated by sellers in Oct and Nov and Dec shows a hammer, which is a sign of reversal. All being inside candles. One can enter at current market price and hold for target of 530...
GBPJPY violated a resistance line of a wide horizontal range on a daily yesterday. The release of the CPI data increases a bullish pressure. Chances are high that the growth will continue. Next resistance - 188.28 ❤️Please, support my work with like, thank you!❤️
Potential opportunity for a nice swing trade at approximately $0.65. The stock seems to be forming a Cup and Handle pattern, which is a classic technical analysis formation. In a Cup and Handle, the price chart resembles the shape of a tea cup with a handle. It's considered a bullish continuation pattern, suggesting that after a previous uptrend, there might be a...