Hello,Traders! GBP-NZD was trading in a downtrend But now we are seeing a breakout From the narrowing falling wedge Which makes me locally bullish biased And I think we will see a retest Of the target above Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
USDCAD attempted to trade above previous highs. Now that it has failed to break and hold above the 1.259~ level, my directional bias is now back on the downside.
#Stock #NSE #SUBEX/INR Bull Flag Analysis:- Perfect Entry:- ₹35-₹40 Targets:- ₹63/₹95/₹336/₹730 Stop Loss :- ₹30 Reason to Buy:- As Per HTF chart ( Daily / Weekly / Monthly) Strong Bull Flag Forming. Bull Flag breakout not confirmed But We can buy around Channel support zone. Breakout Point :- ₹56 1D Chart :- Bull Flag 1W Chart :- Bull Flag 2W Chart...
Been watching this price action for a while. Here are the key price action indicators that I've been watching. 1. Price retests the previous high at 0.69895. I do not see a breach above. 2.Price makes another test and fails to close above this high. 3. Price establishes a support or relative low at 0.68880. Right now, we're seeing price breach through this...
Let’s discuss the price chart of the EURNZD currency pair based on the 120 minute timeframe. From the Elliott Wave perspective, the price action is moving in a corrective channel within Wave (iv). It is approaching a critical Fibonacci retracement level of .618 which should act as resistance. From the Hurst Cycles perspective, the composite model line which...
In this Chart I show you the Universal Trading narrative of the FOREX Market. By simply knowing that the trend signifies the market is reaching for liquidity and to fill imbalances you will always be able to catch a entry or two or three daily on your pair. The market makers make money when the Smart Money pulls their profits creating order blocks aka...
Price is squeezing inside descending triangle. Ideally price will squeeze a little longer and get some energy before a break. Watch for the break...
$NEX is one of the strongest O&G runners when the industry group broke out of base in mid jan. past 4 session went through a -10% correction with the latest pin bar posing a new opportunity for an entry based on mean revision setup looking to bounce off its rising 20MA, again
$KBR - displaying an ascending triangle pattern & HTF after surging +27% from its wedge breakout in feb. range is tightening up over the past 3 weeks with the overall market weakness not reflected in this name. strong growth in revenue numbers in both QoQ and YoY.
$HRT - 6 months into its IPO. latest post ER trading on 22/3 displayed an episodic pivot (@PradeepBonde) behaviour. currently a HTF setup with declining wedge pattern on lowering volume. key level to be taken out coincides with VWAP from IPO and ER, and a flattening 10MA at $16
$CCJ - addition to $DNN in my previous tweet, $CCJ is the strongest of all Uranium names currently. already at 52 weeks high in both price and RS & a narrower correction range to its rising 10/20 MA. largest market cap of all 4 names at 12.1B (8 times the size of DNN)
$DNN - Uranium is the few industry group that you would probably find RS over the last 2 wks of market weakness. $UEC and $NXE have already taken off yesterday from their pivot levels. $DNN currently sits on its VWAP support from last ER, beneath a major pivot. ATR/$ at 7.17%
Price in range on daily chart, had fake out but broke back into range. Price formed head and shoulders type pattern, broke support and retested support turned resistance and 4h 20 day ema. Had a high volume breakout of trend line on 30 min chart, bears currently following thru. Stop loss: Above chop, above resistance Take profit: Above highest volitility...
Hello everyone, if you like the idea, do not forget to support with a like and follow. USDJPY is approaching a strong weekly resistance area in green so we will be looking for sell setups. M30: USDJPY is forming two channels in red and orange but the lower trendline is not valid yet, so we are waiting for a new swing low to form around it to consider it our...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this ATA/USDT update. ATA looks bullish here. ATA is breaking out from the falling wedge-like structure in the daily time frame. Also, the retest of the wedge is complete. After the successful retest, it gives a green confirmation candle to buy. Buy some and DCA...
The decline on ERURUSD continues but we still don't have any selling opportunities. In order to get involved in this downside move, we want to see a pullback to our sell zone. This way, we will get a better risk to reward ratio and also an extra confirmation once we see a rejection. Price is currently trading near support which means it's very likely that we...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this IOST/USDT update. IOST looks good here. IOST is breaking out from the falling wedge in a 4hr time frame and currently retesting it. Buy some and DCA later. Entry range:- $0.328-$0.338 Target1:- $0.368 Target2:- $0.404 Target3:- $0.448 Target4:- $0.496 SL:-...
The technical figure Triangle can be found in the French company Danone S.A (BN.pa) at daily chart. Danone S.A. is a multinational food-products corporation based in Paris and founded in Barcelona, Spain. It is listed on Euronext Paris where it is a component of the CAC 40 stock market index. Some of the company's products are branded Dannon in the United States....