Hello everyone, today i see a bullish trend of EURJPY, we can enter in short and open now or at the level of 120.689 and set TP at the level 119.800. Happy trading to all
Hourly chart of Havells India is showing weakness if its break 660 level (Triangle breakdown) or eventually 652 level ( Short term support level) then chart will show downside. 630 will be 1st level to watch and if its break 630 then 590 will be 2nd level to watch.
Please refer to the text on Chart and follow. Make sure to follow a 1 hour candle close. If anyone wishes to enter, make entries using 15 min chart. Note :- Please do your own research if trades are to be taken.
04-SEPT 2019 AUDUSD LONG (1HR) Entry : 0.6798 Stop : 0.6769 R1 : 0.6806 R2 : 0.6823 R3 : 0.6841
EUR NZD - The pair is within a Bearish BAT Pattern on Hourly Charts. Waiting for price to reach the PRZ which is marked. Will see the price action when price reaches PRZ and then can take a call on going Short
I am excited to show you all the major improvements I have made to the TrendBar indicator. This idea shows how well it works for ETH on the hourly chart. Remember to use Heikin Ashi candles! Check out the indicator here:
I am excited to show you all the major improvements I have made to the TrendBar indicator. This idea shows how well it works for BTC on the hourly chart. Remember to use Heikin Ashi candles! Check out the indicator here:
Short term, I see a decline but I wouldn't short, myself. Trade the newly formed trend.
- Stochastic Oscillator and RSI on both the 4-hr chart and hourly chart are in overbought territory - Price recently tested strong resistance from daily and was unable to sustain a cross above
- Stochastic Oscillator approaching overbought territory - Pair seems to be trading in a wedge
o Ladies! lets get ready for that candle formation to for a sell signal. o It might reach the resistance but lets be patient for that candle stick pattern for maximum profits o Even with greater volume then previous, price did not break higher than resistance o The likelihood for price breaking beyond the stop loss is slim. o #the1%
o Sellers are backing out #scarrycats o Waiting for candle stick pattern to occur for short term swing to the upside o Rookie trader soon to be seasoned
Double Bottom For a less risky trade wait for price to retest neckline
- Price recently on an uptrend after the Stochastic Oscillator and RSI on 4-hr and hourly chart indicated pair was oversold - Price broke through recent resistance and consolidation zone - Failed first retest but managed to break upper limit again for a successful retest on resistance turned support and EMA (25, close) Trade Entered
- Price recently on an uptrend after the Stochastic Oscillator and RSI on daily, 4-hr and hourly chart indicated pair was oversold - Price broke through recent resistance; currently testing zone as support - Wait for bullish candlestick to indicate pair will sustain the break and continue on uptrend
Eur/Aud showing continuation of uptrend... except it looks like the bulls are losing power on the hourly chart. MACD is showing strong divergance. This means that price shows higher highs but indicators such as MACD, RSI, Elders Force Index show lower lows. DMI is also showing that the bears are about to take power. I will wait to enter once DMI crosses and ADX is...
Once price crosses previous resistance now turned support then you should be looking to short Pair has already tested neckline of double top structure
Looking at the Bitcoin hourly chart >Volume increasing and small Small Bullish divergence on the RSI. I'm pretty sure we going to break this resistance! (If we dont break it.... that confirms that the bears are still in control and bear market continues -_-)