Waqas07

Waqas07

I have found double bottom in NFLX chart, furthermore we can see bullish divergence on the chart by using RSI indicator, in this point we have to wait and see, if trend is reverse and buyers start taking control than we will take entry as per given plan otherwise I will not take entry at this point.

Waqas07

I have identified head and shoulder pattern on GBPUSD, on the basis of H&S I will take sell stop position, I defined the entry point and stop loss as well as TP1 and TP2. Hopefully it will hit the the TPs if it breaks the neckline.

Waqas07

On the basis of chart analysis, EURUSD is in range, therefore I used support and resistance to take position. We can use buy/sell limit to place order here I made plan by using buy limit order. There is possibility EURUSD will touch S1 and then will rise up, (Please note its my expectation, on the other way it can move above or below my observations).

Waqas07

As per my observation , USDRUB operating with in a zone instead of few exceptional higher high and lower low. I used support and resistance technique to take entry, on the basis of this buy and sell stop orders have been defined along with risk and reward.

Waqas07

We can see DJI is in a range, price can touch R1 and R2 , it can also move downward and break S1 and S2, I used buy/sell stop order to take entry. On the basis of buy/sell stop orders, profit and loss have been defined. Every investor has its own choices and preferences, so its on investor choice and analysis which position he or she will take to earn profit or loss.

Waqas07

We can you use this order plan if prices move downward without touching R1. We can take profit if price touch the S1 and after that go upward.

Waqas07

On the basis of support and resistance, I made a entry and exist plan. I used sell limit order to take profit. We can see green candle on chart, so there is expectation price will touch R1 and after that move back.

Waqas07

I made a trend line on NIFTY Bank stock, which is making HH's and HL's, at closure market made a red candle at HH, there is possibility of going down and will touch trend line, at that point we will take entry.

Waqas07

I observed that GBPUSD making zone, therefore I used support and resistance technique to take profit. By using support and resistance levels I have applied buy stop strategy at resistance 2. Hopefully it will break R2 and reach at TP1 .

Waqas07

As we can see CADCHF has broke R1 and R2, therefore I took buy stop position above R2. There is possibility to achieve expected TP1.

Waqas07

We can see trend is not identified in CADCHF, therefore we are using Support and resistance strategy to place order.

Waqas07

On the basis of RSI indicator, I have found bearish divergence, therefore bullish trend will break and it will not reach at its next higher high.

Waqas07

On the basis of technical analysis, AAPL stock is making HH's and HL's. we can see its bullish trend. I draw a trend line at HH's and by using Fib retracement I made a trade plan. I expect it will go up and we can make profit.

Waqas07

I observed that, after bearish trend, GBPJPY start making bullish trend. I have found morning doji star after red candle and we can see that after Morning doji star there is bullish green candle, which is indication of bullish trend, here we can make profit by taking prices entry.

Waqas07

USDJPY making bullish trend, RSI indicator shows bearish trend has been break and now its going toward bullish trend, I have drawn trend line to take buy position in USDJPY.

Waqas07

I observed that USDCHF will make bullish trend, trend line has been drawn on the basis of HH and HL, RSI also confirmed bullish divergence , therefore I took long position following trend line as mentioned in the chart.

Waqas07

As in previous idea I suggest that Meta stock is in bullish trend and its making higher highs and higher lows, while after using RSI indicator we can see there is bearish divergence, therefore we will not take buy stop order here because it will decline and will not hit tp1. Thank you.

Waqas07

I have observed that Meta stock is in bullish trend , making higher high and Higher low, morning doji star after sellers control showing that buyers are taking control in Meta stock, there is possibility of making profit at given entry point.