Profitlio_Trading

Profitlio_Trading

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Possible sell on the resistance formed for AAPL. Price action confirms that the sellers pressure in this highlighted zone is very high which causes the prices to drop further downside.

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AAL is following an accumulation lay off on the bottom which is promising for a nice rally ahead with a bullish breakout confirmation.

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Bullish breakout confirmed on the ITI daily trend line formed. This breakout is expected to push the price towards 118 next on the daily timeframe.

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Price of TCS is breaking above the support with a breakout and pullback formation. Here we are expecting the prices to revisit the highs close to Rs 3397 with the next move.

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We had a bullish breakout confirmation on both trend line and the key level formed. Price will continue the bullish rally and revisit back on the Rs 2600 high formed by next move.

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Bearish breakout on the trend line after a hard crush in prices. Expecting more potential downside based on the price action in order to revisit back on the support formed on the bottom.

Profitlio_Trading

For more updates, please follow my TradingView page, and if you find the content useful, kindly hit the "thumbs up" button to show your support. If you have any queries regarding trading, please feel free to send me a direct message on TradingView. Additionally, please share this content with your friends who may find it beneficial. Please note that any trading...

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Breakout and Pullback formed on the channel for USDJPY is promising for a correction on the bullish trend we have seen for a while.

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The Harmonic pattern completed on the major resistance is so promising for a downtrend or a sell-off here.

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EURUSD is on an Important support level after creating a nice bullish harmonic pattern. A good reversal is expected here like the same what the history has shown us earlier with the price action for this pair.

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After the breakout on the resistance, the bounce on the pullback is failing to break the high and is reversed back towards the resistance again. Here if the price fails to hold the price above the resistance then we may see a drop inside the resistance level. If we can confirm a breakout on the channel formed then the following breakout bearish we are expecting...

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After the breakout on the Expanding channel formed we have seen a nice fall on the AU pair and here I expect a further decline in prices towards the support highlighted

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After the breakout and reversal on the pair, we have seen another bullish rally happen towards the resistance. And here the following fall is about to do the formation of another triple top which can drag price back towards the key level formed.

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The price range can be expected to break down on the support and trend line formed. Wait for the confirmation to enter the short positions.

Profitlio_Trading

Zoom made a nice falling wedge structure and now after the breakout and pull back formed the minor bearish trend showed another breakout and bullish reversal. Here I expect a decent correction on the fall we have seen on Zoom.

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A breakout on the following key level confirms a possible trend continuation to the downside and revisit the trend line or the lower boundary formed.

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GBPUSD is on the major support formed close 1.274 and here the following channel's lower boundary also met once again where we can expect a strong reversal at this stage.