Hi Guys, This trade is mostly going to be up from Market open on monday. Good reversal spotted and It will go upto previous resistance. SL level marked in chart. US30- Dowjones Industrial average is having similar pattern, but risk/reward ratio is less comparively. Trail your stop losses accordingly. TraderX7.
Hi All, Gold is at a very important juncture where the bear/bull decision would be made. Price is currently moving upwards with a close above 54LWMA on lower time frames and still under it in higher time frames. So, both buyers/sellers are alive, time to wait. Bears are in control, until 1740. Since a bear move could open to fall the price to 1650-1550,...
Hi All, The Price is possibly bottoming for the SBI stock and considering the relaxtions of the banking sectors in India, the conditions may improve and will give a good probability buy. 200-212 levels could act as a barrier, but once it is broken and re-tested (good opportunity to buy from there), price has more potential to move upwards. Watch out in the...
Hi All, Price has a Double-Top and the trendline is broken. The price is also below 54 LWMA. There is a good option to short if the price re-tests the trend line or MA. SL: 0.6124 or if you get a strong close above MA. TP: 0.6000, 0.5950, 0.5912 If price action suggests and hold until 0.5912. Traders with prior experience only trade this, as the double-top is...
GBPCHF is still on good uptrend and it has one more leg left for further upside. Can be bought at current market price. There may be ups and down moves, good to hold till SL level to invalidate the uptrend move. Sl: 1.2082 TP: 1.2300 Note: These are some ideas. Not signals or calls, not liable for any financial losses.
Hi All, I am seeing this Equitas stock has the possibility to go down from the at current market price. The price has a double top around 58 which can push this stock downside. TP: 43-41. Stop loss: 60. If you like this trade, like and support. TraderX7. Note: I am not responsible for any financial loses and these are not signals/calls.