Hi Traders.... This pair is in the sellers area as per the higher timeframes. Price failed twice to conquer key resistance level. We can enter a short position if price breaks the trendline with a target maintained at highlighted area (Yellow). Stop loss can be maintained above the red line. For queries pls comment below... Happy Trading....
Hi Traders, The higher timeframes indicate that this pair is still in the sellers area. Price has failed to break a key resistance. We can enter a short position if the price breaks the trendline with a possible target at Highlighted area (yellow). The stop loss to be maintained above 124.714 (Green) its better to book loss if candle close above this level. For...
Hi Traders, This pair is in a downtrend as per higher timeframes. We have good resistance zone between 1.84114 - 1.81264 (Blue Area). When we analyse the daily chart, price gave fake breakout of the 50SMA and it has again retested the 50SMA on friday after finding support at the trendline.The 15min Chart shows that after finding support at the trendline price has...
Hi Traders, Bajaj finance is still in a downtrend as per the higher timeframes. This stock has pulled back to a major resistance zone. The price can continue to go further down from these levels. If the price breaks the trendline marked in the chart which will indicate that the price will be heading down. The key levels to watch are marked with red lines in the...
Hi, The higher timeframe shows we are in a sellers market. Price is currently testing support zone. A good sell opportunity would be after the break of support zone with a target at the next support. For queries pls comment below... Happy Trading....
Hi Traders, The daily chart indicates we are still in a sellers market and the uptrend in the lower timeframes are actually a pullback move. The major resistance is at 76.748 - 76.218 (yellow zone) levels. The hourly chart indicates we have a minor resistance at 75.954 - 75.858 (Blue zone). This level can be used for short term scalping trades. Now coming down to...
Hi Traders, The higher timeframes of this pair indicates downtrend, so we are looking for short positions. A good and safe trade setup would be to enter a short position when price close below the highlighted zone (74.522 - 74.445). If the breakout candle touches or breaks the 74.382 levels (Yellow) its better to wait for a retracement candle. The target can be...
Hi Traders, The higher timeframes of this pair indicates downtrend, so we are looking for short positions. A good and safe trade setup would be to enter a short position when price close below the highlighted zone (122.892 - 122.795). If the breakout candle touches or breaks the 122.696 levels (Yellow) its better to wait for a retracement candle. The target can be...
Hi Traders, The higher timeframes of this pair indicates downtrend, so we are looking for short positions. A good and safe trade setup would be to enter a short position when price close below the highlighted zone (1.16554 - 1.16478). If the breakout candle touches or breaks the 1.16401 levels (Yellow) its better to wait for a retracement candle. The target can be...
Hi Traders, The higher timeframe indicates downtrend so we look for short positions. A short entry can be placed if price breaks and close below the marked zone (122.939 - 122.872). The target can be placed at 122.693 (green). This position is considered a loss only if price close above the zone. For queries comment below and dont forget to like and follow. Happy...
Hi Traders, The higher timeframe indicates downtrend so we look for short positions. A short entry can be placed if price breaks and close below the marked zone (74.319 - 74.238). The target can be placed at 74.026 (green). This position is considered a loss only if price close above the zone. For queries comment below and dont forget to like and follow. Happy Trading....
Hi Traders, The higher timeframe indicates downtrend and we are looking for Short positions in GBP USD. A good sell position would be when price close below 1.28668 (yellow), for a target of 1.28470 (red) and a stoploss above 1.28766 (Green). For queries comment below and dont forget to like and follow. Happy Trading....
Hi Traders, This pair is in a downtrend as per higher timeframes. We have a key resistance at 136.115 (Green). We can enter a short position if price close below 135.923 (Yellow) for a target of 135.628 (Red) with a stoploss maintained above 50 SMA. For queries comment below and dont forget to like and follow. Happy Trading....
Hi Traders, The higher time frames indicate we are in a downtrend. Price is testing key resistance at 1.28668 Level(Yellow). If price breaks and close below 1.28469(Green), we can enter in a short position for a possible target at 1.28270(Red) with a stoploss maintained above 50SMA. Traders with more risk appetite can hold this position till 1.27745(Blue). For...
Hi Traders, The higher time frames indicate we are in a short term downtrend. Price is testing key resistance at 1.69837 - 1.69676 Level(Red). If price breaks and close below 1.68697(Yellow), we can enter in a short position for a possible target at 1.68106(Green) with a stoploss maintained above 50SMA. This trade Setup is valid only for the present day as these...
Hi Traders, The higher time frames indicate we are in a short term Uptrend. Price found Support at 1.31583(Yellow) level. If price breaks and close above 1.31789(Green) level, we can enter in a long position for a possible target at 1.31971(Red) with a stoploss maintained below 50SMA. At the time of this trade setup price has to be above the 50SMA. For queries...
Hi Traders, The higher timeframes indicate we are in a short term downtrend. Price found resistance at 0.91071(Green). If price breaks and close below 0.90955(Red), we can enter in a short position for a possible target at 0.90749(Orange) with a stoploss maintained above 50SMA. Price can find support at 0.90849(Yellow) levels, so caution is advised. For queries...
Hi Traders, As we analyse the daily chart, price is in an uptrend because it is trading above the 50SMA. The key levels are at 3518 (Green) , 3606.60 (Yellow) and the golden zone between 3446.35 - 3374.70 respectively. We can see that price has found support at the golden zone and has tested our resistance level at 3518. Since price found support at the golden...