EUR-GBP Local Rebound! Buy!
Hello,Traders!
EUR-GBP went down from the
Falling resistance and is
Volatile overall but the pair
Has retested a support level
From where a local rebound
Is already happening and I think
We will see a further move up
Buy!
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Retest
DXY Wedge Breakout! Buy!
Hello,Traders!
DXY was trading in a falling
Narrowing wedge but then
The index retested a horizontal
Support level from where we saw
A rebound, after which the price
Broke out of the falling wedge
So I think there is a good chance
To see a further move up
Buy!
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Reliance indsReliance inds looking good for tomorrow reliance breaked an trendline in 1 day time frame
retest pending in 1 day frame coming to the 15 min time frame breaked a 15 min trendline
and took support tomorrow price goes up and complete its retest at marked crucial level
and chance to reversal
Thank you NSE:RELIANCE
AUDUSD - Possible Long Position Please give me some feedback and let me know what you think.
Multi time frame Analysis
1D time frame price is in a Strong Uptrend giving a Long Bias
4H time frame price is trading in a Ascending Wedge and in a immediate Uptrend giving a Long Bias
1H time frame price is in a Uptrend respecting Trendline and 26EMA giving a Long Bias
Setup and Entry
Wait for price to retrace back to 0.50 - 0.168 Fib zone and bounce off 26EMA to go Long
SHORT TO LONG TO SHORT :) A nice example of connecting patterns on different sized candles
On the 4H candles we can observe a triangle, after breaking through which we started to form a falling wedge on a smaller timeframe (15m). While the wedge was broken, a lesser-known dragon pattern was formed (I'm just starting to study it .. thanks to @sylviasylvia .. ) whose last target is located on the retest of the triangle, where there should be a second chance to enter the short .. BINANCE:1INCHUSDT