INDIA CEMENTS Lifetime High Breakout*INDIA CEMENTS*
Time Frame: Weekly
Observation:
* Rounding Bottom Pattern Formation
* Lifetime High Breakout
Resistance/Target: 297 341 385 413
Support: 235 202
Weekendanalysis
Bharti Airtel Rounding Bottom Pattern Formation,*Bharti Airtel*
Time Frame: Daily
Observation:
* Rounding Bottom Pattern Breakout.
* Swing High Break
* Life time high Break
Resistance/Target: 845 900 955 990
Support: 757 711 664 628
Everyone and his dog is seeing this obvious idea......so be careful. It may seem that trendline and resistance rejection combined with tight upward channel breakdown is a nobrainer short (it is), but it could give you hard times after initial reaction. People are still looking places for long entries with mid term investments and pullbacks are their favorite places to add. In order to get bigger move down (and truly change the trends direction), we need market to trigger stoploss run from people who have been riding this big upward move. Be extra careful while managing your short positions.
USDJPY BUY 26 JULY 2021H4 TIMEFRAME
- Inverted Head and shoulders pattern
- Last candlestick closing above A support and resistance line
H1
- Same Inverted Head and shoulders
- Price retesting the neckline
M30 and M15
- 38.2% Fibonacci test
If you're taking this as a signal, risk responsibly! I am not to be held responsible for any losses and wins also!
TP - 90 Pips
SL - 30 Pips
NQ Power Range Report with FIB Ext - 11/23/2020 SessionContract - CME_MINI:NQZ2020
- High - 11935.50
- Low - 11882.50
Current Stats
- Gap: = N/A
- Session Open ATR: 253.09
- Volume: 15k (Extremely light for a Sunday night)
- Trend Grade: Neutral
Key Levels (Rounded - Think of these as a range)
- Long: 12440
- Short: 10665
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
AUDJPY WEEKLY ANALYSIS! Daily Chart (SHORT)Good day traders, hope you all have a pleasant weekend ahead. Weekend has always been the best day to do self reflect in our trades throughout the week, as well as to have weekly analysis to ready for the week ahead!
For AUDJPY, from daily perspective, bull has been exhausted and bear has dominating the price at the moment. Price has formed a clean lower high and next it would formed a lower low. To have a good risk reward entry, two possible entries are listed as below:
1. Patiently wait for the price to break below 72.5 and a retest. Then, set a sell limit at 72.5.
Entry price: 72.5 (Sell limit)
SL: 73.855
TP1: 71.62
TP2: 70.20
2. Once price has broke 72.50, set a sell stop at 72.35.
Entry price: 72.35 (Sell stop)
TP1: 71.62
TP2: 70.20
Always go for a clear trading strategy and enter trade with good risk management. It's always you versus yourself instead of you versus the market.
Going LONG on GBP-USDprice formed a descending triangle and reversed to the downside however there is a strong level at 1.29264 . At this level the market is likely to reverse.We can also see that the market is loosing momentum to the downside. When you plot a retracement you can see that the .618 perfectly aligns with the support level. This provides an entry signal to go long.
