NSE:DOLLAR about to breakout 450 level. We can see long term move above 451 with SL of 415 and can average till 427. Major targets levels are highlighted in blue lines.
Breakout after a long consolidation: 1. **Momentum Shift**: A breakout after a prolonged period of consolidation signals a significant shift in market sentiment. It suggests that one side (buyers or sellers) has gained the upper hand, leading to the potential emergence of a new trend. 2. **Trading Opportunities**: Traders and investors eagerly await breakouts as...
Dollar Industry Resistance breakout Buy for swing trading Target for 520 Stop loss 400 For Everyday Updates follow me.
buy dollar trendline support. Might bounce.Target 392 sl 359
NSE:DOLLAR broke out from a major rising wedge pattern. Price did attempt a breakout prior to this but it could not sustain. Likewise, price gave a fake breakdown before giving a proper breakout and releasing huge momentum (25-30% in 1 week). Strong volumes towards virgin territory is another bullish sign in favor of this trade playing out. One may skip this...
DOLLAR INDUSTRIES should be in watchlist for upcoming weeks. Its making rounding bottom pattern and its at breakout level.
Multiyear breakout has come in dollar industries. Rounding bottom formed in monthly charts, one can still enter at current market price for a long term view.
DOLLAR NSE is bullish if 480 holds. Near Life-time High. Fresh Breakout. Positive Trend. ** Educational Purpopse Only. Not Buy/Sell Recommendation.
Taking support from 40 EMA and bounces from there. Next but at 40 EMA.
This chart is only for educational purposes and should not be considered for doing any buying and selling in this stock.
educational purpose rising channel pattern dollar target mentioned in chart
With increased volume '...........................................
Here is the list of some stocks which are technically ready for long positions for short term, you can do your own analysis before taking trades as these videos are made for educational purpose only, trading involves risk so take your own decision..
It can move up in the coming days and can reach 360 range.
Flag formation. can go long above 166 with SL of 150 for the target of 190 - 230
The dollar demand was getting muted towards the end of the trading week but reemerged on Thursday as the ECB dumped the euro and risk-off sentiment intensified. The majors are making some recovery attempts ahead of the US NFP jobs report due later today. Considering a rather high correlation between the ADP and NFP numbers, we could see solid results for...
The greenback had a fruitful week, with the US currency has decently appreciated against most rivals. Safe haven demand was the key driver as investors continue to assess global growth prospects and further price in lower activity in major countries. The trade-related fears reemerged as well, which gave the additional lift to the dollar. Despite the recent...