AariTech

AariTech

Hello Fellow Traders, Here we would like to talk about Trendlines and how they can be used along with Horizontal support to find great entry points , both for short term scalping and swing trades , We all know about trendlines yet traders don't use it to the full potential which this tool can provide , In this article we will be talking about Trendline...

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Upside capped by descending trendline , price trading below moving averages , short towards support. close if price moves above moving averages Follow us in order to get timely update of technical analysis and our view of market . Please comment to share your view

AariTech

EUR AUD is looking to retrace back towards support after bullish run , has not been able to move above resistance , Short on Trendline Break Follow us in order to get timely update of technical analysis and our view of market . Please comment to share your view

AariTech

Buy EURCHF n stay long till ascending trendline supports price , price has recently tested support and bounced back strongly. Follow us in order to get timely update of technical analysis and our view of market . Please comment to share your view

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Gold has found resistance from Ascending trendline above price , short towards 1345 -1347 level for now... in case price break below trendline short towards 1320 zone... Follow us in order to get timely update of technical analysis and our view of market . Please comment to share your view

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Price facing strong resistance and is facing difficulty in coming out of ichimoku cloud in daily chart , trading in channel , provides us opportunity to short towards bottom. Follow us in order to get timely update of technical analysis and our view of market . Please comment to share your view

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Currently being rejected from Minor channel top & daily pivot... short towards bottom of channel , stops above channel top. Follow us in order to get timely update of technical analysis and our view of market . Please comment to share your view

AariTech

Possible scalping trade in EURAUD , Short towards daily pivot till descending trendline on top has not been breached , exit on close above trendline. Follow us in order to get timely update of technical analysis and our view of market . Please comment to share your view

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Currently testing descending trendline with strong resistance , watch for price movement from here on , if price convincingly breaks above trendline then Long on retest , otherwise be ready to Short OIL Follow us in order to get timely update of technical analysis and our view of market . Please comment to share your view

AariTech

NZDUSD is trading in bear trend below moving averages in 2h , currently very near to horizontal support, if breaks below , we may expect price to move down towards test of ascending trendline. Follow us in order to get timely update of technical analysis and our view of market . Please comment to share your view

AariTech

Price supported by both ascending trendline and horizontal support : We provide only technical view of pair , please consider fundamental aspects too before trading. Follow us in order to get timely update of technical analysis and our view of market .

AariTech

Wait for price to confirm its direction by next 4 hr candle close, buy if price closes above channel , sell if closes below horizontal support.. We provide only technical view of pair , please consider fundamental aspects too before trading. Follow us in order to get timely update of technical analysis and our view of market .

AariTech

Price is trading Minor descending Channel , Short towards bottom of channel : exit your trade on break above channel

AariTech

In this series we provide daily overview of Major pairs and our preferred direction for day : Price is still trending in ascending channel , with possibility of breaking below because of below expected GBP news , but technically we are still long in gbp since it is still above support area , Looking at chart we would be waiting for 1 hr or 4hr ( prefered)...

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The GBPCAD made a pullback from strong support situated at 1.69-1.70 level and has not been able to close below 1.70 in Daily chart , Next week we have Theresa May resigning and info about most probable next pm of UK , As we know Borris Johnson is leading race as per now and is known Hard Brexiteer which increased pressure on GBP but recently we have seen other...

AariTech

We have seen strong Bullish move in Gold Today from bottom of ascending channel line despite technically price was trading below Moving averages and had just crossed below Ichimoku cloud towards downside , This type of movements suggest that there is sudden surge in demand of yellow metal due to political uncertainities and trade wars , also yields are helping...

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Hello.. Price has not been able to close below 1.26 despite of strong impulsive move towards downside resulting in a Pin Bar candle formation at strong support area, which suggest that price may move higher , Currently gbpusd is trading in descending channel , aggressive long entries can be taken now with stops in close below 1.26 level , whereas traders can...

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Price is bouncing back from strong support.. Long