CHFJPY is trading a long-term bullish trend. After the price set a new high in July, it started a correctional movement. A cup & handle pattern was formed. CPI report was a trigger for the buyers to violate the neckline of the pattern. Daily candle closed above that. It signifies that bullish trend will continue. The market will most likely keep growing. Next...
1) Monthly has broken out of a double-bottom pattern and is in a strong uptrend. 2) Weekly has broken the recent consolidation resistance. 3) Daily time frame price action looks interesting - key takeaways, Price Psychology - Price understanding: After 3 times of sellers attempt to pull down the price, buyers won at 104.30 levels and then after the...
NCC crossed a crucial resistance with high volume and good candlestick pattern. Also, all the technical indicators are in buy side with non stop resistance up to 201. Entry - 157 Target - 201 Stoploss - 132.5
Here the traders have mixed feelings and the commercials are still adding money on the long side, but we have been pumping for a minute so I believe we are going to one of the 3 marked paths Let's see how this plays out, enjoy! As far as fundamentals we are still raising interest and tech stocks are mixed some posted huge gains (Facebook, Microsoft) while others...
Analysis: Bearish Confluences Price has failed to push higher multiple times Price is forming lower lows We're retesting a strong area of resistance that's been tested multiple times before Downwards trendline touch Bearish pennant pattered forming Broadening descending channel forming 11k long position decrease for the EUR 2k short position decrease...
Get Ready for pound to take a shit throughout AUGUST... The Launch happened today........ The sentiment is mixed, but the commercials are loading up according to latest COT report, Also if you have a look at Seasonality AUGUST historically is the worst month for anything against the dollar...
Analysis: Bearish Confluences Price failed to push higher showing signs of a reversal Retest of a key level Upwards channel formed (bearish chart pattern) Longer term over extended bullish push (retracement needed) 13k long position decrease for the GBP 2k short position decrease for the JPY Bullish Confluences GBP is the 2nd strongest major...
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
- Screen 1 (1 Day Time Frame): MACD Hightograme ... A bullish trend is indicated when the MACD histogram increases 3 times in a row and the most recent MACD histogram is greater than 0. ... A bearish trend is indicated when the MACD histogram decreases 3 times in a row and the most recent MACD histogram is less than 0. - Screen 2 (1 Hour Time Frame): ...
West Coast paper looking good with increasing volume above 507 Sl 455 NOTE: POSTS HERE ARE BASED ON MY RESEARCH AND ARE FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR FINANCIAL ADVISOR BEFORE BUYING OR SELLING.
EURCAD is trading in a bullish trend. After the price set a new high in July, the market started a correctional movement. The price perfectly respected 1.45 support. A strong bullish wave initiated from that and the market managed to violate a local horizontal resistance. It will most likely trigger a further bullish continuation. Next goal - 1.4835 ...
Hi friends. Today im going to take a brief look at Bitcoin. According to New Cryptocurrency market Catalyst , I mean launching PayPal Stable coin , we can look at BTC chart Technically better. So lets take a look: 1.After reaching price to the Middle line of drawn channel , it failed to break it. so went approach lower channel line that overlapped with a strong...
GBPJPY has been seen to be struggling to break 182.50 level since first week of August where it created a buying climax. Lower Highs & Lower Lows are seen to have been forming since the buying climax at 183.20. Further lows are expected to 180.00 ultimately.
Analysis: Bullish Confluences Very strong upwards trend Retest of a key support level Upwards trendline touch 6K long position decrease for the USD Bearish Confluences 1K short position decrease for the USD Stay Safe - The JPI Team Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments...
Wipro Cmp- 402 Protective Stop- 371 T1- 520 T2- Open, Review at T1 Expected Holding Period- 6-9 Months View- Swing/Investment
Clean Science Cmp- 1312 Protective Stop- 1211 T1- 1975 T2- Open, Review at T1 Expected Holding Period- 6-9 Months View- Swing/Investment
Fundamentally good stock . . entry: 130 target: 134/ 144/ 156 /169 stoploss: 121 . . . wait for entry enter after confirmation. . Good price to invest now. . . refer old idea on CUB attached bellow.
Monthly is reversing from major support zone, previous low. Bottom fishing. Weekly is into an uptrend, RSI is perfectly moving from over sold to strength zone of 70+ Daily broke out of consolidation zone, flag anf pole pattern. One can look for trade as per the supply zones marked.