rf16saun

rf16saun

Coming week will be interesting for DYX pairs, most of them are in bearish RSI divergence. EURUSD in the manner is in bearish divergence in addition to formed a potential double top in H4 time frame. Break of the up trendline will give a nice risk reward opportunity for coming week. If you dig more there might be much more promising dollar pairs with bearish RSI...

rf16saun

After an extensive move last week this pair appears to be a making a double top formation on H4 time frame, RSI is extremely over bought 80 plus and price has already in the fib confluence zone of this move before price broke to the rectangle, red box is the whole confluence zone to take the short opportunity in the lower time zone. If you look at the left of the...

rf16saun

After a month of intense run breaking all the fib went to the reversal zone falling after testing 1.61% extension of 2016-2017 move, per my count it looks like the Wave 4 correction it is perfectly normal to fall about the range of 10,300-10500 but selling below 10,200 might consider changing the count. I still believe ther's one more move towards the dead zone...

rf16saun

GJ formed price divergence 1H, potentail short opportunity with scalping way down to the support or RSI oversold with ladder formation

rf16saun

After higher price formation breaking the rectangle price is forming a bull flag break of this flag will push the price 12,400 region if the price break below the rectangle this set-up will be invalidated.

rf16saun Updated 

with same structure week before this pair broke bear flag in 4H time frame, minimum target of around .95800 to complete this structure with support and fib confluence is @.95000

rf16saun Updated 

Small confluence trade on H1

rf16saun

USDJPY (Daily) is nearing five year long up trendline, will price break the trend line ? or will be this another retest to break 2015 highs ? Since last year this pair is moving side ways with successful retest of support zone three times. Now price is in the support zone and RSI is over sold @25. Last time RSI oversold like this in the support zone was back in...

rf16saun

DXY Weekly Price is nearing a very important price point 88, after breaking the massive symmetrical in 2014, it never had a pullback near to the triangle except for last year's fall which is ongoing. Pre-break out of the symmetrical triangle a well respected uptrend line was formed in 2011. After more than three and half years price is finally coming to re-test...

rf16saun

Ripple appears to be heading to lower boundary of the ascending channel, will be good opportunity to load on around .50-.70 area if it holds the channel before the next move

rf16saun

After struggling to break the ending diagonal to the upside it is in a crucial level to break the channel, if price breaks the channel then a drop to test 10,400-10,500 will be open before Nifty moves to the dead zone

rf16saun

This run looks like an ending diagonal, with massive fib cluster in 11,200-11,500

rf16saun

Ahead of the result on 21 Jan let see how this stock is doing this week

rf16saun

With positive result TCS broke the Wave 4 triangle this week on Weekly time frame, with this it should be up for Wave 5 which it should minimum run to 4,500 for Wave 5 completion.

rf16saun Updated 

With positive global market performance, Nifty looks like it completed the wave 2 and to see a gap up tomorrow seems to very high, the rally tomorrow will be wave 3 if it breaks 10550 area and ultimately to complete the wave 5 towards 10600. Price is in a channel under a bigger channel, we have already tested the bigger channel support last week and now it is in...

rf16saun

Venus Remedies Limited attracted massive volume in today's trading session, which helped this stock to break out of two year long symmetrical triangle on weekly time frame to potential to run towards 200 with on the way four ladder profit cover opportunity to ultimate target of around 200.

rf16saun

Firday's drop in this pair broke the descending triangle and had a little pull back before the last hour drop after reaching to 38% fib extension, this week it will be a good short opportunity to take the target to lower support whihch confluence with triangle target,support and 100% fib projection of the break of the triangle

rf16saun

Interesting set up is brewing in 1H chart, it looks like Bitcoin has reversed and formed step up ladder formation and final round of push is due which will complete the price around $19,000 range