UCO bank has broken out of bullish pennant in Weekly/Daily Timeframe, One may consider to go long with SL at previous swing low, 26 , target 45-50. For a holding period of about 4-8 weeks. Happy Trading, DYOR.
Container Corp breakout to channel pattern along with monthly supply zone , good fundamentals can see more upside
if hive breake the line we can got a long position whit goog R&R
A few hours after the analysis from yesterday gold was already $20 lower. Today we expect another downside move! Yesterday we saw an upside impulse from the $1800 level, which is more likely only a correction and we expect that move to end around $1820. If we get reversal candles with long wicks from there, the that's the perfect short opportunity. We will be...
The price is at Resistance level which I anticipate that it'll bounce back to the Support line and the RSI on a daily tf shows that the price is overbought which gives us a confirmation to go short. If you agree with my idea, please hit a FOLLOW for more analytics!!
We indicated on the chart active areas which could be interested for opening long positions - 0150, 0134 and 0125. Pay attention on price reaction at 0150. If this level would be breakdown with a high probability we will see a price fall to 0134. The priority is bull now. So we expecting a further growth to the 0169 and 0180. Stop loss should be no more than 1-2%...
We've touched the weekly support. this is the second time we touched here, and i expect a reaction from here. targets and stoploss shown in the chart. No reversal signs at the moment, so a conservative entry , shown with the red line, can be waited if price drops further.