Gold is very bullish at present going into mid-Septembers' interest rate decision in the USA which some are saying 'is in the bag' as a reduction of at least 0.25%. This is very bullish for the Gold price as the USD becomes weaker on an interest rate reduction. However, there is still about 4 weeks of trading until the interest rate decision is handed down to...
NSE:EQUITASBNK Pattern details: NSE:EQUITASBNK was in a up-trend before forming Cup with handle pattern Cup with ~19% correction and length of cup 14 bars (98 days) Handle formation is in progress. It is 8 bars (13 days) long and has done ~10% correction. Handle's correction is deeper than expected. Awaiting pattern BO (hopefully with good volumes) Disc -...
NSE:SBIN Awaiting confirmation of pennant chart pattern on SBI's chart
Looking for some nice action to come out of NY this morning we have a nice size range that london provided us with. Sit patient with this one as we are waiting for further confluence for a trade setup. 1927 was a buy with stops set just at 1925 for a potential retracment higher. However that entry was a high risk set up so we wait... Understand as a succeful...