sherazqamer

sherazqamer

buy at breakout..though i bought early lolz...seems promising setup. if breakouts...TP is 2029.233 and 2035.003.. Gold is bullish and USD is in downtrend..strong buy with RR 1:07...isnt it amazing if correct.

sherazqamer

trend is bearish,but took long trade bcz,,,HL made on breakut...TP is 61.8 fib extension...main trend is bearish...risky trade...but RR is 1:5 SL is very conservative at 149.612 with TP of 149.857. buy price is 149.634... waiting to be filled..time is 6:39 pm 29/10/2023

sherazqamer

triangle breakout confirmation..can test Resistance level of 1992.15 level, RR is 2.5 which is decent after candle confirmation. gold is still bullish on 1H chart so took long trade.

sherazqamer

higher lows formed and Bearish flag breakout confirmed. First TP1 is at Daily support shown in chart. TP 2 would be D2 support. US 30 is in downtrend.

sherazqamer Updated 

Bearish trend in continuation after AB=CD completion on daily mainframe. though 50% fib levels can act good support, but if broken then C point would be the 3rd target.

sherazqamer Updated 

Bullish Indications 1)Bullish Tendline Honored 2) HH and HL in making 3) Symmetrical triangle pattern in formation 4)Bounce at 38.2% Fib levels Plan A Buy at 664 SL 576 TP 844.50 Bearish Indications 1) Downward Breakout in symmetrical triangle will lead to bearish trend Plan B Sell at 550.20 SL 598 TP 397.7

sherazqamer Updated 

Two patterns are in formation, CUP and Handle and Head and H& Shoulder, wait for breakout on any one. Buy above supply zone of handle and if rejected then formation of right shoulder is imminent.

sherazqamer Updated 

Buy as B=CD is in formation, medium term cup and handle TP 2 can be achieved as well.12851 is the major support after point B for ABCD pattern. TP 1 :1.30778 TP 2 : 1.34087

sherazqamer Updated 

Bearish Indications 1) LH formed after breaking HL 2) Bullish Shark pattern in formation 3)RSI Divergence on daily TF Plan A (Only applicable when closing is below point B) Sell at 112.426 SL 114.059 TP1 111.211 TP2 109.133 Bullish Indications 1) Strong Support shown at point B at HR4 2)Morning star in formation at point B Plan B Buy at 111.212 SL 110.895 TP 114

sherazqamer Updated 

All indications towards long position with minimum downside risk. As mentioned the bulls have more weight this time, buy as per PLAN A. AB=CD is also a possibility on daily time frame if it breaks the top resistance of 1.91532 . if A Plan fails; follow PLAN B sell to reach 61.8% fib levels as target.

sherazqamer Updated 

symmetrical triangle breakout with sig. volume , short at current levels with stop loss above higher high.

sherazqamer Updated 

Harmonics in play, sell at current levels with SL of above LH, targets are attractive given Risk vs reward.RSI also showing downward slope.

sherazqamer

No major signs have been shown on either side, but we would follow downtrend and sell at per sell plan A. However, if major support zones works and makes a higher high, will take loNg position as per plan B.

sherazqamer Updated 

BUY only on strong triangle breakout, i.e high volumes .that would ensure 03 technical targets.

sherazqamer Updated 

bearish trend started after higher lows, SL at resistance levels with target of 50% fib levels

sherazqamer Updated 

lower lows makes the case for sell at streghth, three white soldiers are deception here,

sherazqamer Updated 

series of hh and hl calls for long call, every pullback hints bullish reversal pattern.

sherazqamer Updated 

After making butterfly, now triangle in making though in ascending channel, a breakdown would confirm triangle pattern and hence triggering sell stop. take decent profit as per technical target mentioned in the chart.