Rectangle
GOLD Directions and Chart PatternsGold decline after rejected by strong resistance area at 2063 and 2076. Creating a tripple top chart pattern. The current direction is to test the uptrend line and the bigger chart pattern is ascending triangle pattern. Meanwhile, the current chart pattern is head and shoulder pattern. Can you see the head and shoulder pattern? Hope so.
For the recent chart, the supports and resistances area are as follow :
Support : 1892, 1875, 1858, 1848 and 1841
Resistance : 1907, 1926, 1936, 1945
Disclaimer : This technical analysis is for education purpose only.
Footnote : ENMFL (English Not My First Language) :-)
GBPUSD Bearish Trend ContinuationCan't see any divergence on RSI which nullifies any trend reversal plus can see a bearish rectangle which indicated the bearish trend will continue once it breaks the support. We can place sell stop order under the support to ride the bearish trend that will continue.
📈XAUUSD analysis near FOMC meeting📉FOREXCOM:XAUUSD
OANDA:XAUUSD
Gold analytical series, Episode 28
Hello Traders, please check out my previous ideas.
As long as the price is below the 4H middle Bollinger line, any price move to cross this line is a sell position for me.
If the price breaks above the midline and stabilizes above the black trendline, the scenario will change.
targets are shown on the chart.
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GOLD (XAUUSD): FOMC Ahead! Your Plan: 🥇
Today, we are expecting the FOMC minutes.
Here is your plan to trade Gold.
As you know, the market is currently approaching a key daily structure support.
Analyzing the reaction of the price to that structure on a 4H time frame,
I spotted a horizontal trading range.
1910 - 1912 is the upper boundary of the range.
Bullish breakout of that - 4H candle close above, will be a strong bullish signal for you.
I would suggest buying the market then, expecting a bullish continuation at least to 1923.
Also, remember that the news can be bearish.
In such a case, I would recommend staying away from the market.
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JNJ BUYHello, according to Johnson & Johnson stock analysis. There is a good opportunity to buy or invest in stocks for the long term. Especially since the arrow came out of the rectangle. It also broke the resistance at 166. An ascending channel started to form, which indicates that the stock is very positive. Good luck everyone
Federal Bank stock Technical analysisFederal Bank stock forming consolidation since many days, there is chance of nearby breakout from the consolidation, great chance for upward or downward movement with good momentum based on the breakout
(NOTE: This is just my technical analysis and not suggesting anyone to buy or sell. If you want to add more points regarding analysis you are always welcome to comment on this post)
ZOTA- RECTANGLE PATTERNNSE:ZOTA 448
1. Rectangle Pattern with Time Frame of 2 Years
2. Rectangle Pattern at all time high
3. Strong Volume during the recent upside in the chart and breakout with strong volume
4. Upcoming levels to watch 500-560-600+
5. Support to watch 360-400
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GRSE- Pole and Flag PatternNSE:GRSE 657
1. Rectangle Pattern's movement continue (Breakout was at 525 level)
2. Fresh Pole and Flag Pattern Breakout in the chart at 625 level with strong Volume
3. Upcoming levels to watch 725-800 levels
4. Support near the 600-550 level on the chart.
5. Recent uptrend is making this pattern strong
6. Today's Gap can consider as Breakaway Gap.
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VLSFINANCE- Rectangle PatternBreakout Chart to Watch
NSE:VLSFINANCE 197.8
1. Rectangle Pattern Breakout with Time Frame of 1.5 Year
2. Strong Volume during breakout at 185 to 200 level
3. Strong Candlestick formation in the chart
4. Upcoming levels to watch 230-251 levels
5. Support near 188/180 levels
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GBPNZD RECTANGLE CHANNELGBPNZD is trading in rectangle channel near the Mid: 2.06818.
Rectangle channels are only valid when the price breaks and closes above below the upper/lower trend lines breakout.
Stops Mid: 2.06818.
Upside Targets:
50%: 2.11526
100%: 2.13910
Downside Targets:
50%: 2.02131
100%: 1.99809