rajasherbazkhan

rajasherbazkhan

On 1H Nasdaq 100 is bullish, and recently broke the important resistance at 20,300. Currently, it is retracing to form a low. With bullish divergence and convergence with 50% fibonacci retracement, it is likely to attempt to make a new high, or even test previous ATH. Trade plan mentioned on the chart. --> Manage your risk and trade safely.

rajasherbazkhan

GBPUSD is at strong support level at TF 4H, and a retracement is expected from here to the marked level. There is also a strong bullish divergence.

rajasherbazkhan Updated 

Gold can continue downward momentum in the short term. However, trend reversal is on the cards. AB=CD Harmonic Pattern + horizontal support show (Daily) that potential reversal zone can 1895-1880, from where Gold can rally

rajasherbazkhan Updated 

A short-term potential setup can be to play the bullish divergence, and buy on breakout (buy stop) at marked levels. Trade safe!

rajasherbazkhan

AUDUSD has a double bottom on 1H time frame, and bullish divergence. A potential setup can be to buy on breakout (buystop) at marked levels, and placing stoploss below the low. Trade safely my community!

rajasherbazkhan

Gold potential setup for long, on the confluence of horizontal support, trendline support and 0.236 fib support. Will the support levels hold? or Is Gold doomed?

rajasherbazkhan

We are looking to buy gold on 0.236 fib retracement. Gold is forming higher highs and higher lows. On the previous high, gold retraced to 0.236 fib, and moved to form a new high. Trade with risk management, my friends

rajasherbazkhan

Hello fellow traders, Today we look at the potential upside of GBPUSD, which has been trading in a bull trend on 4H, and has formed a HL (Higher Low). Currently, it is trading in a parallel channel on 1H time frame, which provides us with opportunity to buy GBPUSD upon breakout. Trade safely, and with proper risk management. Happy Trading!

rajasherbazkhan Updated 

EURUSD bounced from 0.236 Fib, and parallel channel support. It leads to opportunities to buy.

rajasherbazkhan

The idea is to buy on breakout of previous high, and place SL as identified below the previous low. Keeping risk management in check, this can be a viable trade. Note: This is not a investment advice

rajasherbazkhan

NZDUSD has been moving in an ascending parallel channel, and the price has formed an HL. Potential opportunity for Long. Look out for support on the parallel channel and 0.5 Fib retracement support

rajasherbazkhan

Bias Long (ride the trend) Bullish indications 1. Pullback from 0.5 FIB retracement posssible= 1788, Support at 1808 So support zone 1808 - 1788 2. Trendline resistance broken 3. HH and HL Formed 4. HH broken 5. Morning star pattern on HL Bearish indications 1. needs to form another HL for bullish confirmation 2. 0.236 FIB retracement needs to be broken clearly

rajasherbazkhan Updated 

Bias: Short Bearish indications 1. Testing trendline resistance 2. Bearish engulfer 3. Bearish trend, LHs and LLs 4. FIB retracement, 0.236 broken, now to test 0.382. Support strong here Bullish Indications 1. Support at 1.05824 Plan A: Short Entry= 1.05884 SL= previous LH = 1.06280 TP1 = 1.05488 TP2 = 1.05092 Plan B: Short entry = below 1.05824...

rajasherbazkhan

GMTUSDT Short, 4H time frame GMT is in a bearish trend. It has formed a bearish pennant. So it will continue to go down. Trade your levels accordingly

rajasherbazkhan

BNB Long on 1H chart, as indicated by the bullish engulfing pattern.

rajasherbazkhan

Bearish trend for GBPUSD. A series of Lower Highs and Lower Lows can be observed. Entry: 1.19263 Stop Loss: 1.24138

rajasherbazkhan

Bullish trend on 1H chart for BTCUSD. A series of higher lows and higher highs can be observed. Entry: 21,595.72 Stop Loss: 20,893.62