Crude has given a symmetrical triangle and major intra-day support (94.5) break down Sell CMP : 94.5 SL: 95.5 Target : 93.5 - 92.2 below 92.2 gates open for 90. keep trailing
EUR has been under pressure from long whether it comes to about USD to GBP. But it looks like with negotiaitions open between Ukraine and Russian, EUR downfall can come to end From the chart, try to understand two reversal patterns: 1. Inverse Head and Shoulder 2. Multiple bottom Ever since late 2016 this zone of 0.828 to 0.832 has been a solid support for...
it looks like we are sitting on a bomb in crypto market.. bitcoin has formed a double top and second top has ow successfully formed a head and shoulder pattern. looks like this time we might test the previous all time high of 19K+ if bitcoin now moves below 45300, and holds for a couple of days below that we might see 40000/35000/30000/28000/22000 and even...
refer to notes mentioned on chart image. Invest wisely. Cheers!!
please find detailed analysis over the chart. please like and comment support. Thanks!
a possible inverse head and shoulder in BTC 30000-29000 has acted as a strong support in this year, and i don't personally think so that it wont be broken for now, as this is being tested for the first time, also if you look at the wicks formed in between 30000-32000 one can easily find the buying pressure in that zone. as of now BTC is in a good range to add of...
USD has been under pressure from long now, but its now time for USD to shine again over CHF a possible reversal is here on the cards for massive 400-500 pips in next 2 months. a double bottom has been formed a small confirmation line of 0.8978 has been broken and held on 4H time frame 0.8995 and 0.901 are minor resistance. small qty can be bought here, wait for...
watch out for the PA.. The head has a double top created at 90.65 levels and now right shouldering making, important CPI data to follow from Canada, keep an eye a good short of 115 pips is waiting for you. would recommend to sell by market as risk to reward is good here sl above 90.75 (4H) closing
and USDCHF completes a good rounding bottom, wait for the price to stay above 0.908 for sometime to add for long. this is just proposed, wait for price action
USD CHF has been in pressure since the beginning of April. Now things look a little different. This currency pair has taken support near the fib level of 0.5 of the trend change that happened in beginning of this year. currently RSI shows the accumulation that has happened over past 2 weeks with a solid RSI divergence. Waiting for the price to settle above 0.92...
Things are not looking good here, find a reason for short in coming days. GBP has fallen with an impulse wave from a rising channel, doesn't look like it is going back inside again easily. short term traders can find a good 120/150 pip movement when GA going back to retest the breakout Look for price action in between 1.78 -1.7815 for a buy side entry for...
Welcome back traders, its 2021. I am seeing a good potential upside in this currency pair if we go by the weekly chart, it has multiple trend reversal patterns formed including double bottom, inverted head and shoulder, and now a symmetrical triangle. last week it has formed a long legged Doji on the fib level of right shoulder, a day close above last week high...
BTC has been on rampage move but it's time for retracement and retest of the ATH break. expecting the move to 19100 but 20000 can act as psychological so I will recommend to book near that level. Ideal entry will be short now or sell near 33700 safe traders please enter below 30500 with a SL of 33800 T1 : 28300 T2 : 24500 T3 : 20000 PS : wont be surprised if...
After a good runup NG was under consolidation period for long . at the0.5 levelsof the enter uptrend it has formed a good base with a triple bottom pattern. recently it broke the neckline and conslidated in pole n flag pattern. now 2.65-2.7 can act as a resistance .. break of that can resume a big uptrend post that we can see 2.9 for now the short term target...