ProtraderFaisal

ProtraderFaisal Updated 

GBPUSD most probable two scenarios are there on the charts. Wait for the breakout and retest, breakout level of falling wedge is 1.38300 and have long positions for the target of 1.3990 and 1.42478 If it faces pressure you can open short positions for the target 1.3406 and 1.32630 (SL: 1.38400) Biased: LH and LL trend, short position could be opened with strict SL.

ProtraderFaisal Updated 

Palladium trading at the bottom where the previous bull run started and is above the fib level of 0.23 which also the good support zone on daily TF. 1810 1821 and 1832 are the levels to watch any dip at those levels could be a good buying levels

ProtraderFaisal

Like my previous idea on Gold still my plan for gold is to short at strength. Seasonal pattern also indicating bearish momentum of gold. Gold can fall to 1757 from 1778 initially. My tp2 is 1744 and if it breaks 1740-1744 region it will move down swiftly to 1721 which is a good support area. I am with the bears...!!!!!!!!

ProtraderFaisal

XRP has not moved like other coins and has been trading in a range. it has currently formed bullish pennant (Daily TF) and most probably will have upside breakout. initially it might face resistance at 0.5 fib level than retrace and will again move upside. TP1:1.42400 TP2:1.67 TP3: 2.0 SL 0.885

ProtraderFaisal Updated 

Gold signaling the down trend on 4H TF. It could not break previous HH and formed new LH. Short position could be taken at 1804 to 1808 level with keeping the target of 1780. SL 1812

ProtraderFaisal

It seems that shibb has made new ATH and most probably after correction it will trade in range for some time . One should not buy here rather wait for the dip. Shibb has potential to rise but it wont go up in a day or two. My stance is to wait and buy at a major dip for the new target that would be its fib level 1.618 ( 000.12661) Those who are holding can take...

ProtraderFaisal

GBPJPY retraced from .80 fib level at 4hrs TF with bearish engulfing candle. 152.600 was its breakout level, after breakout it went straight up to 154.500 from where it has started falling. It might retest the breakout level and then start the bullish rally once again. Short position can be opened with the SL of 154.550.

ProtraderFaisal

Biased: Short BTC at current levels or resistance level 1 Double top formation on 4H BTC retraced above 0.78 fib level BTC may test bullish flag based resistance level which is acting as a support now R:1 48866 R:2 50200 S1:47051 S2:45100 SL49000

ProtraderFaisal

GBPUSD Forming LH and LL Important 1D Support coming into play Wait for green candle to form around 1.36600-50 zone S1:1.36600 S2:1.3600 R1:1.37450 R2:1.37900 SL:1.35700

ProtraderFaisal

Short ETHUSD forming LH and LL on 4H and 1H Targets 3200 and 3100 SL 3460

ProtraderFaisal

Short BTC showing weakness Forming LH and LL R1:47570 R2:48300 S1:46791 S2:46000

ProtraderFaisal

Forming HH and HL on D, 4H and 1 HR TM. Double bottom at 1 HR time frame Ascending channel at 4H and 1H time frame. Biased: Long Target 1,39315, 1.58300 SL:1.22300

ProtraderFaisal

Forming HH and HL inverted Hammer on daily time frame. Three black crows on hourly time frame rejection from 0.70 fib level Biased: short Target: 1.38220 target 2: 1.38000 SL:1.3888

ProtraderFaisal

I have mentioned all the reasons why we can short sell BTC in the chart.

ProtraderFaisal

Buy XAUUSD on dips. Bullish flag pattern on 1hr and 4hr time frame. SL: 1772 Targets: 1801,1814, 1831 1850 Currently facing resistance at 0.80 fib levels.

ProtraderFaisal

XRPUSD moving in SYMMETRICAL TRIANGLE FORMATION. Facing resistance AT 0.78 FIB LEVEL. Need to break UPER TREND LINE FOR NEW HIGHS BUY ON DIPS STRATAGEY NEED TO BE FOLLOWED.

ProtraderFaisal

inverted cup and handle formation in making. Time frame: 4hrs Trend: bearish Short GBPUSD at strength. target: 1.32

ProtraderFaisal

BTC Forming HH AND HL Currently Trading in BULLISH ASCENDING CHANNEL. BTC FACING STIFF RESISTANCE AROUNG 50% retracement level. BUY ON DIPS TARGET:48k, 49k, 50k SL: 43800