Golden_Spur

Golden_Spur Updated 

NZD/CAD is right now showing Bearish trend. There is no RSI bullish divergence as yet. Therefore, this trend is likely to continue at least till it reaches Fib 0.382 Level. During the day it may swing up and down but eventually will go downwards. Also note that market's Commercial buyer are LONG for the future trades (refer barchart.com ) which implies that...

Golden_Spur Updated 

NZD/CAD SHORT Trade Call : On Daily Time Frame, Bearish Trend is establishing after following Harmonic Bearish Butterfly Reversal Pattern. Take SHORT Trade and set TP as per Support Zone 1 and Support Zone 2. If one wants to go by Fib Retracement, then Fib 0.382 and Fib 0.618 should be TPs. Stop Loss should be 0.85308.

Golden_Spur

GBP/USD price chart from Bearish Trend entered Accumulation phase. After Accumulation phase it is now making upwards move. Since HH and HL are establishing nicely without any Bearish Divergence on RSI, therefore Entry for LONG Trade is in order. Entry (Buy Limit): 1.27290 Stop Loss: 1.27000 TP1: 1.27600 (Risk Reward 1:1) TP2: 1.27850 (Risk Reward 1:2)

Golden_Spur Updated 

On 1h , AB=CD pattern has been drawn. Since there is no RSI divergence as well, therefore, Bullish Trend is likely to continue till reaching Potential Reversal Zone. Be watchful there for any reversal. My trade values are depicted on chart. Keeping Risk/Reward ratio to 1 and 2 respectively for two trades.

Golden_Spur Updated 

XABCD Butterfly pattern has been drawn on price chart. Three White Soldiers appeared signaling an upward break out for the final leg of CD. Just wait till breakout confirmation once previous LH is breached. Keeping Stop Loss at previous prominent HL of leg AB, my trading values are mentioned on the chart. Taking 2 trades with 1:1 and 1:2 risk/reward ratio.

Golden_Spur

Bearish Reversal Butterfly Pattern has been drawn. If the pattern is respected by Price chart, then we should expect to see a small bearish run followed by a big bullish run up till Rs 480 which is potential Reversal Zone. So it is better to wait till reversal to Bullish is confirmed and then take entry. Otherwise, place Buy Stop Order at Support 3 Level to...

Golden_Spur Updated 

On daily time frame, double bottom is being experienced but there is no divergence on RSI. Therefore, price action may either reverse to go upwards or may continue downward trend. Buy after confirmation of reversal and confirm closing of Green candle.

Golden_Spur Updated 

On Daily time frame, Bullish Butterfly Reversal Pattern is appearing. Prior to Point C, a bearish divergence and Double top also appeared causing the Price to move in downward trend. If Price chart makes another LL below 10.68962, above which a support level also exists and price may bounce back a bit, then SHORT trade is in order. One can take the trade deep up...

Golden_Spur Updated 

On 1D time frame, no Divergence is observed. Therefore, bullish trend should resume from Bullish flag formation breakout. One can estimate the length of breakout by using Pole as reference. This going to take couple of months. So patience is the key. My trading values are depicting on Price chart.

Golden_Spur Updated 

On 1M scale, AB=CD Bullish Reversal Harmonic pattern has been drawn which seems to be almost perfect fit in real world scenario. Fundamentally Origin Agritech Ltd (SEED), two-decade old company, has recently developed a GMO corn seed which has been said to have doubled the yield of crop. Besides, seeing the historical data with technical analysis of the Price...

Golden_Spur Updated 

On 1D scale, AB=CD has been drawn. Once previous HH is broken then take Entry through Buy Stop at 2399 . Keep Stop Loss at previous Higher Low at 2277. Set TPs as per risk reward. My values are depicted on chart. At 2670 tp 2790 is Potential Reversal Zone (PRZ). One may be mindful to be vigilant of reversal.

Golden_Spur

Since RSI is moving between 30 to 70 with sideways movement of price on 15 Min time frame, therefore, after drawing Support and Resistance on 30 Min frame, switch back to 15 Min frame. Both LONG and SHORT trades are in order as price action can go either side. Taking four trades as per values mentioned on the chart.

Golden_Spur

On 1D scale. AB=CD pattern has been drawn. Therefore, LONG trade is in order. Keeping Risk/Reward 1 and 2 respectively, two trades are being taken. My trade values are mentioned on chart.

Golden_Spur

On Daily time frame, Harmonic pattern AB=CD has been drawn. A SHORT trade is in order. My trade values are written on the chart keeping Risk/Reward = 1 and 2 respectively for two trades. Keeping in mind PRZ which if responded may result in Bullish reversal, therefore, TP2 may be adjusted accordingly.

Golden_Spur

On 1Week scale the chart has retraced to Fib 0.382 and 0.50 levels. Therefore, I'm expecting it to once again retrace back to Fib 0.382 level before continuing back to its upward trend. The results will be visible in 2 weeks time. Therefore, for SHORT Trade I'll take positions as mentioned on my chart keeping risk/reward ratio: 1. Then for LONG Trade, I'll wait...

Golden_Spur

On 4h scale, bearish reversal is being experienced as previous LL has been breached, therefore, taking trades as per prices depicted on Price chart.

Golden_Spur

On 4h scale, Bearish reversal AB=CD Harmonic pattern has been drawn. Once the trend enters Potentially Reversable Zone (PRZ) and if RSI bearish divergence is also present then it will indicate a Bearish reversal. Also note that vale of C point retracement is 0.706 which is close to ideal 0.707 that corresponds to BC Projection of 1.41. Accordingly Point D has been...

Golden_Spur Updated 

On 1H scale, after Fib 0.382 retracement, the trend is likely to continue in bullish (upward) as still no RSI divergence is observed. My Trade values are depicted on chart.