Dixit-Trading-Signals

Dixit-Trading-Signals

pair can move down in coming days .. buy from lows

Dixit-Trading-Signals

We can sell if price leaves current uptrend , target can be 1400 ..

Dixit-Trading-Signals

Sell trade possibility emerging.... price can reversa back towards bottom from trendline above price..

Dixit-Trading-Signals

Long setup emerging

Dixit-Trading-Signals

Retest expected after breakout

Dixit-Trading-Signals Updated 

Looking at chart with technical point of view , lets start analysing Previous swing 03 may / 17 june . Swing low is based on 1.25 price zone from where we observed pull back which was restricted to 0.38 retracement where it has found strong resistance , Analysing wave from swing low to 0.38 retracement : Adding fib ratio to smaller 0.382 retracement wave...

Dixit-Trading-Signals

Pair is taking support from 0.38 fib retracement , whereas has broken above descending trendline , high probability of testing 84.50 in coming days

Dixit-Trading-Signals

The descending broadening wedge is considered to be a reversal pattern, and is bullish in nature. Though the pattern is typically a signal of reversal, continuation of the downtrend is still possible. When present as a continuation pattern, the wedge will still slope to the downside, but the down-slope will typically be found as a pullback within an uptrend....

Dixit-Trading-Signals

Important fundamental news & RBA coming next.. caution , technically we think price to touch 0.6950 on news volatility as retracement is due , Safe trading guys.. follow us for more updates.

Dixit-Trading-Signals Updated 

Our Harmonic analysis of Gold went as per our speculation and hit Point C from where it found support and moved up to retest 50% retracement and we can see strong rejection , Recently we can see 1 more harmonic bearish structure on 50% retracement , We were expecting some resistance @ 100% of CD and as price has been sent back from 50% strengthens our view of...

Dixit-Trading-Signals Updated 

We have butterfly formation at lows of 24april - 25 June swing , from where price has started retracement , Since price has been respecting descending channel and currently sits on resistance ,we want price action to invalidate descending channel pattern before we can enter long , Looking at fundamentals Trump has agreed to stay new tariffs for meantime and US...

Dixit-Trading-Signals

We can see price has broken below ascending trendline and currently testing 0.382 retracement of previous swing , minor pullback is expected , short near highs or after candle close below 0.382 levels

Dixit-Trading-Signals

Price is currently sitting at strong weekly ascending trendline & Bullish harmonic pattern has formed on support , considering that Price will be supported henceforth we may look for Long opportunities, We can clearly see a very strong horizontal resistance at around 1.2440 zone and it is very much preferred that daily candle must close above and clear the...

Dixit-Trading-Signals

We have butterfly formation on 0.78 retracement zone of previous swing , which also happen to be near top line of channel , which provides confluence of resistances , Short towards 0.88 price zone which is 0.38 retracement of current swing up , we will be looking for reversal/continuation pattern near 0.38 retracement in order to short towards 50 % of leg CD...

Dixit-Trading-Signals

Bullish Butterfly pattern on strong horizontal support suggests us pair may retrace as wave CD is complete , look for Long opportunities in Shorter Time frame as per your trading style. Follow us for more trade ideas.

Dixit-Trading-Signals Updated 

Price has been rejected from fibonacci 0.382 level many times and we can see ABCD pattern too on fib ratio , hence creating FIB confluence zone. Might visit 1.2650 , Remaining short till clear break above resistance.

Dixit-Trading-Signals Updated 

With Bearish Butterfly formation we are observing that price has found support @ 0.50 retracement and pushed above 0.38 levels , Since we are expecting a pullback towards point C which is not yet complete , Gold Short looks favourable from here till price is below point D , Short targets : First target '' point C'' and second target 1.618 of CD ,

Dixit-Trading-Signals

Trading with Harmonic Pattern , we have Bullish Shark pattern and retest as support on daily chart suggesting further move up, Swing Long targeting 0.382 retracement with stop below Point D @ 1.3150 - TP - 1.33. Follow us for more swing ideas.