Play in a Range...NSE:ASIANPAINT trade at 3120. Support is @ 2700 Resistance is @ 3600.
stock trade in 900-1000 points since 3 years, You can watch its next resistance at 3600.
Ressitance
luna resistance hitted.luna currently on previous low.we could expect potential rejection to the upper level
Tue 19th Jul 2022 USD/CAD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a USD/CAD Sell. Enjoy the day all. Cheers. Jim
Markets remain in Pressure: Bearish Reversal patternsImportant zones marked on the chart. Markets remain under pressure. There is a pending gap in NIFTY on the downside. One of the gaps were filled yesterday.
Happy learning and trading! :)
AUDCHF ShortAccording to the price is in the top of the channel and in strong resistance zone and sharp growth , So it's reasonable that comes down.
Good luck
$BTC celebrating Fibonacci FridayA break above this 61.8% level and new highs will come rather swiftly.
I think we will. Thoughts?
AUD/NZD :- Short trade to next support A bearish close will confirm the short bias and open doors to 1.07334 and 1.06600.
Keep you stops at 1.09038
GBP/AUD ELLIOT WAVE ANALYSIScorrect me if i'm wrong guys as im still testing out the waters with elliot wave theory. i see an ABC wave along with 5 waves amongst the pattern. if the pair breaks resistance i feel we will have a massive reversal here with resistance now acting as support, we will see how this plays out.
USD/CAD Possibilities Movement
Here we have an USD/CAD Chart, as we can see there a lot of possibilities, i only can say that wait for the confirmation candle either for long or short.
DailyFx
Trend = Down
Volatility = 16%
stay safe and happy trading
Short at ResitanceAfter realized profit of the BatPattern trades I am now looking at a short breakout trade.
The current price levels seems to be of importance for this pair as it turned around price action often in the past.
Bearish Triangle Break + Support/Resistance ZonesTriangle has broken multiple bars in the 1H and 2H time-frame in to Bearish signals.
RSI @ 3H has turned Bearish as well.
Willy @ 6H is indicating a dump in near future.
I have labeled zones of varying degree of support/resistance (Green, Red, Yellow Lines)
These lines were drawn with 2H, 4H, 6H, 12H time-frame modified Ichimoku Kumo Clouds (hidden).
The question: where is the bottom?
If price breaches the yellow line inside the red square area - we will have a medium/strong indication we have entered a new Bearish Trend - and may see a short bounce @ $1150. However, if we hit $1150 I give it very low odds of holding for long.
The first likely target would be around ~$1085. This would be the bottom of the 6H Kumo cloud. If we breach this odds are extremely high for a retest of last months lows or a temporary bounce around ~$1000.
We have extremely strong support in the ~$950-$975 area where we may see some sideways action for a bit.
Worst case scenario is a flash drop to at minimum ~$887 (last lowest low)
Now would be a good time to put in limit orders spread between $825-$890
AUDUSD Resistance Tested Successfully 0.76050Major resistance held (R1) Short anywhere here to trade in the range, and place Sell Stop below the Range for breakout to the Monthly PP and S1 and beyond!
AUDUSD 6-03-2017Passed the 0.76 and successfully held on retracement
Below this level is bearish
Sell stop below previous low
Head to target 1 and 2 but a lot of room to shoot
DAX30 - SELL - H1you see the red point above: please feel free to test a SELL-order! TVC:DAX
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ATTENTION! This is a TEST-order.
Please DON'T use it for the real trading.
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DiKKAT! Bu bir TEST-ANALiZ öngörüsüdür.
Gercek islem girilmesi kesinlikle tavsiye edilmez!
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ACHTUNG! Diese Prognose dient lediglich NUR zum testen.
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Shorted AUDUSDI just shorted AUDUSD. Why? becaue; Price is showing wickness on a strong resistance level. The fact that this resistance level influence price almost everytime encourage me to short without waiting for any other confirmation signal. Meanwhile, I placed my SL too far for the price to hace enough space to breathe.
It might be a bad idea to go short if we look at the weekly chart but i think the risk is worth.
IT IS GOOD TO SELL ON STRONG RESISTANCEAUDUSD is approaching a strong resistance, so I enter short at 0.75
$GBPUSD #LONG setup. 240, Jan-02-2017 #ichimokukinkohyo$GBPUSD Cable slowly grinding up from what I believe to be the bottom (two bullish candles). Only time will tell... Used ichimoku kinko hyo as a technical indicator, on the 4h chart. Please see the chart attached to this post. Any comments, suggestions, opinions etc. are welcome. I remain LONG. GLTA!
123 bottom patternGood time to go long, see 123 bottom pattern. Going in a uptrend to retest resistance. Target is at 420'0 on resistance line.
GBPUSD - Long entry possibility Possible entry at the red circle
-Long term resistance, which was broken but re-entered and heading for a retest/bounce!
-Short term resistance
-0.236 (long term)
-0.5 fib level (short term)
-RSI oversold
Safe and successful trading!
