Long Setup: GBPUSD is likely to form two bullish patterns 1. Bullish Flag Pattern 2. Inverse Head & Shoulder Pattern So possibly it can break the flag on upside and then after completion of H&S the extended target will be 1.44
Long Setup: The Pair is trying to tested a support zone near 0.73100. A possible bounce back expected towards previous high if break then continue towards trendline. To support this area a fib level 38% is there, if failed then retest next support area around 0.72700-0.72800.
Possible Long Setup: Gold Can test 156.00 area and rebound. Possibilites for bullishness is testing a strong trendline. Almost completing the Gartley Patteren. **Risky Level High Entry: 156.00 Stoploss: 148.00 Intial Target 1790.00
Major Trend Line is broken at 1Hr Timeframe. Can be Short From Retesting. Entry at Current Stop Loss Just upside at Trendline TP 1.38300
Trade Call: LONG (BUY) Bullish Indication: 1. Breakout seen at 4 hours Time frame and Tested 2. Candlestick pattern are also favoring with bullish hammer and Three white solider. 3. A Bullish Engulfing Candle formation at 1D Time frame Bearish Indication: 1. It is going thorough a long term downtrend so it can be a daring trade Trade Plan: Entry @ Current to...
A LONG TRADE SETUP FORMATION IS BEING OBSERVED IN GOLD DUE TO GARTLEY PATTREN. AS IT CAN BE SEEN TAKING SUPPORT FROM 61.8% FIB LEVEL AND SOME SUPPLY ZONE SO CAN GO LONG WITH ENTRY AT 1807.9 WITH STOPLOSS OF 1799.0
Bullish Indications: 1. Breakout @ 4 Hours and Successfully retested. 2. Took Support from Healthy zone. 3. Follow Dow Theory by making a lower low following New HH and HL 4. Hammer Candle formation following with Bullish candle