GBPNZD > Trading Plane for A Sell.Analysis of #GBPNZD
The GBPNZD is at trendline resistance now, I am waiting for a bearish signal, pin bar, engulfing candle, or double top on the lower time frame to get in a sell trade.
if you look left you will see a pin bar and if we get a similar one with confirmation I will enter a sell however we need to be careful and not enter now as this pair might extend further to the upside before it gets back and closes inside of the resistance zone again similar to what happened before, looking left.
if the market closes above structure resistance then this idea is not valid anymore
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Chartanalaysis
INDO $ Bottom Areawe broke our triangle down , however we seeing a strong buying pressure above our current support the 6$,now we going to retest our Resistant around the 9.455$, and if we got rejected, we will continue to go down to retest the support 6$, and if we did't hold, we will see the price go to the bottom price level for this year above the 3.40$.
and if over come the resistant 9.45, we will see a reversal in the bearish trend , and the 6$+ will be confirmed bottom for this year .
AMEX:INDO
Kumpulan Jetson Bhd
Kumpulan Jetson Bhd were actively traded in early trade with over 107 million shares done, making it the most active stock on Bursa Malaysia.
The counter surged 35.04%, or 20.5 sen to 79 sen, its highest since March 2014. Year-to-date, it has risen some 216%.Kumpulan Jetson has not made any corporate announcements recently. Its last announcement on Bursa Malaysia was on its financial results on May 19.In the first quarter ended March 31, Kumpulan Jetson’s net loss narrowed to RM126,000 from RM1.67mil in the same period last year.Its revenue for the quarter rose 39% to RM49.08mil from RM35.26mil a year ago, mainly due to an increase in revenue from the manufacturing division.
This counter has Formed the ascending triangle pattern.
Support:-0.240,0.230
Can be good option for short term buying
EMAMI REALTYIt is forming base and trying to breakout soon.
if breakout succeeds then one can make long position.
but it has has to sustain atleast one day then we will enter.
Entry - Above 90
Sl - 86
Target :- Minimum 125 in mid term. and more beyond 180 in long time.
Make position as per your risk reward ratio.
This is only for educational purpose, take advice from your financial advisor before taking any position.
Thank you.
EURUSD > Comprehensive Analysis For long Entry!!Kindly like the ideas if it is helping you and leave a comment, it will support me and provide a motive to keep posting new profitable trading ideas for you 😉⠀
Analysis of #EURUSD
With the perfect rally on Friday and now that we reached 1.1900 again I think the price could fall to 1.1700 or that what I wish for as I want to buy around 1.1700 and here is why.
on the weekly chart, we have the market broke its very long term downtrend it's a bullish sign for this pair and I still believe EURUSD could go to 1.2300
The DXY index still struggling and I think we have not yet reached the bottom there so long EUR is a better option here
Why 1.1700, the market on the daily chart showing an exhaustion pattern and this to me indicates that we might see a pullback at the same time we have GBP also reached a new one year high also a pervious structure, that's why I think it's not the time to buy EUR and wait for better entry around 1.1700 which is trend line support also FIB 38 golden ratio and if you like EW, I think it clusters as wave 4 of five wave up
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Check today analysis below⠀
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-DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀
-⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You
DXY (USD Index) 4hour Analysis July 19th, 2020 DXY Short Idea
Still looking for the next bearish leg toward 95.00!
Overall sentiment and structure suggest a bearish bias so we will continue looking for sell opportunities.
We can re-analyze and consider long opportunities on this timeframe if we see 96.50 break and retest!