SANWAR1968

SANWAR1968

After breaking the Bearish momentum in the first week of October, EURUSD started it gradual Bullish momentum in an Ascending Channel. Few week ago, the pair made a breakout and started moving in second Ascending channel. After hitting the top edge of the new channel, it started its corrective move. Once it gave a false break out and then later resumed its...

SANWAR1968

BULLISH BIAS) - Morning Star formed in last hour - Moving nicely in the Ascending Channel - Bounced from Lower Edge of the Ascending Channel BUY with: SL: 1.28938 TP1: 1.29919 TP2: 1.30325

SANWAR1968

BEARISH Bias: - DOW in action - Price action moving in down trend SELL around 0.382 FIB level with SL above last HL and Daily/Weekly Resistance TP1 above LL and Daily/Weekly Support TP2 above Daily Support

SANWAR1968

BEARISH Bias: - DOW in action with serious of LH & LL - Moving is Descending Parallel Channel - Resistance honored at Upper boundary - Shooting Star formed on Hourly chart followed by series of red candles SELL with SL: 1.24894 (above previous LH/Channel boundary) TP1: 1.23344 (Above Daily Support) TP2: 1.22350 (Above Daily Support around Lower Edge of Channel)

SANWAR1968

BULLISH Bias: - DOW seems to be action with positive momentum on Daily chart - Strong Daily support around 0.6 on FIB - In the last few waves, retracement was up to 0.6-0.7 on FIB before making new HH BUY with SL: 1.23744 (below HL & Daily Support) TP: 1.24890 (below Daily Resistance)

SANWAR1968

BULLISH Bias: - Bullish Hammer with long tail on Daily chart - Similar Daily candle in August triggered bullish retracement for 2-weeks to form new Lower High - From last Lower High, price taking strong support @ 0.236 FIB on Hourly chart, which reflects upward movement towards new Lower High formation - Looking A1B1, seems like short-term trend is geared towards...

SANWAR1968

BEARISH Bias: - DOW in action with series of LH & LL - Seems to be coming down from Daily resistance SELL with SL: 1.54440 (next resistance level on Daily chart) TP: 1.52954 (above Daily and 4-hr support; TP of 1:2)

SANWAR1968

BEARISH Bias: - Moving in Descending channel making LH & LL - Formed a Bearish Engulfing candle on Daily chart in the last session Can expect retracement up to 0.382 on FIB from last LH SELL around 1.16100 level (Below last Daily Support breached in the previous session, which will now act as a Resistance) SL: 1.17015 (slightly above last LH) TP: 1.13915...

SANWAR1968

BEARISH Bias: - DOW in action with series of LH & LL - Strong Daily Support broken, which will now be a strong Resistance - Price Action moving in Descending Channel - Huge Bearish Engulfing candle on Daily Chart - 3-Black Crows on Hourly Chart BULLISH Bias: - Bullish Hammer (Pin Bar) formed on 4-Hourly Chart My BIAS: SELL close to Daily Resistance (around...

SANWAR1968

LONG Bias: - DOW in action with HH and HL on hourly chart. - Price moving in Ascending Channel - Seems to be getting support from 4-hr support line. BUY with: SL1: 1.37335 (immediate HL) SL2: 1.37200 (below last 4-hr support below previous HL) TP1: 1.37999 TP2: 1.38300

SANWAR1968 Updated 

General Analysis: - Long Term trend is Bearish... - Although price breached both Upper and Lower edges of the Consolidation box, but no candles were completed outside.. - Price has finally broken the Consolidation box after 11-days and given closing below the box... SELL Bias with: SL: 0.84231 TP1: 0.83880 (corresponding to Daily Support level) TP2: 0.83392...

SANWAR1968 Updated 

BULLISH Bias: - DOW in action with series of HH and HL - Cup & Handle formation is visible - Bullish Hammer formed on 4-Hour as well as on 15-mins charts BUY with SL: 0.71572 TP: 0.71966

SANWAR1968 Updated 

BULLISH Bias: - DOW in action on Hourly chart - Series of Higher Highs and Higher Lows - Moving in Ascending channel BUY stance with: SL1: 1.36642 SL2: 1.35857 TP1: 1.37513 TP2: 1.38072 (upon break of Ascending Channel)

SANWAR1968 Updated 

BULLISH Bias: - Last Lower High and Lower Lows have been broken on hourly chat Buy stance on Green/Bullish Candle SL: 1.15816 TP1: 1.16375 TP2: 1.16870 Caution: Observe the Purple resistance line at new HH...

SANWAR1968

BEARISH Bias: - DOW in action with series of Lower Highs and Lower Lows - Price moving in close Descending Channel - Bearish Hammer around upper edge of Descending Channel SELL (Close to Upper Boundary of Descending Channel) with: SL: 1.4441 (Above last Lower High) TP: 1.4295 (profit around 1:2 ratio)

SANWAR1968 Updated 

Bullish Bias: - From Peak-1, the price corrected around 0.382 FIB level before next bull run to make new high. - From Peak-2, the price has already corrected around 0.382 level on FIB. - Long Bullish Hammer formed at bottom BUY with SL: 5.335 TP: 5.855

SANWAR1968

BEARISH bias: - Parallel Ascending Channel Breached few times - Bearish Hammer Formed in last hour - 8-days straight Bulls Run & long upper tails showing exhaustion BULLISH Bias: - Last Higher Low still intact... MY BIAS: SELL @ 111.400 (Ideally after close below channel) SL: 111.700 (Just above next FIB resistance level) TP1: 111.150 (@ 0.786 Retracement level...

SANWAR1968 Updated 

BULLISH Bias - DOW in action - Price action moving in Parallel Ascending Channel - Bullish Hammer formed in last hour on 1-hr chart BUY (ideally) above resistance of 1749.3 SL: 1743 TP1: 1754 TP2: 1756