Hi..good Bullish Chanel is developing in Crude oil with support of RSI also .. MACD histogram slope also starts declining .. I think this is a best time to go long with a target of 54-55 .. Use proper money management strategies,, Thanks Happy Trading
Thanks to some Political news ..USDZAR is trying to break a medium term downtrend as RSI is also favoring the price action with MACD Histogram one tick up after a long time & u can see crossover already happened between MACD line & signal line but still below zero line ... But keep in mind more confirmation will come if there is a clear break out of downward...
Potential Bear Bat Pattern on GBPUSD .. but keep in on previous downward leg its looking like this also but its made a double bottom & bounce back ,,, here it can do again like this ,, anyhow 1.2070 to 1.2170 is good support area we need a proper price action to confirm the reversal .. Thanks happy trading
As posted 8 days ago gold gave a break on good R level .. Thanks to Bull flag .. another view on gold .. Ascending triangle already broke upside .. Potential Target indicated in chart but careful as like this patterns always having good probabilities of Throwback ..
Bullish Bat Pattern on GBPUSD target for C point between 1.2640-1.2660 & Target for D point will be between 1.2170 -1.2070 .. Keep in mind always use proper money management because any pattern can fail any time . Thanks .. Happy Trading
Hi guys,,, as predicted market hit the point C already now waiting for some reversal from here to start a journey towards D point... anybody can be long here with a proper stop loss & money management ... here is idea ... Buy Eur/USD at 1.0546 for a target of 1.0584 and a stop loss of 1.0510..keep in mind this very short term .. happy trading .. Thanks
Bull Flag is developing on daily time frame on WTI .. wait for break of resistance area 54-56 ...after broke big rally expected till 60 -62.
Bull Bat Pattern Completion on Wheat
In Intra-Day USDJPY on Good support level now
Gold ... Bull Flag Pattern already completed .. RSI is also supporting the bull move just wait ti break the key resistance of 1254..
Bullish Bat Pattern in AUDUSD .. sell at current market price with a stop above 0.7705 for a target of 0.7550 .
Bear BAt Bat pattern will complete near 2320 which id 261.8% of BC ... Good sell from there with proper stop loss