usufgul

usufgul

Gold has been under pressure for quite a few days. In the day it shed a handful of money from its value. In this process it had an intraday penetration of 4 hour support and resistance level. Albeit it retraced back quickly but it is trading in the range. If it brakes the range downward we may initiate the short sell. For convenience all the levels have been...

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The pair has been showing weakness for some time through RSI divergence. On hourly chart it printed the indecision candle followed by two red candles. This gives us the cue for bearish momentum. Since we need multiple reasons to short sell so we identify the recent low and if the price goes lower than this than we initiate a short trade. For ready reference the...

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EURUSD: Spring is setting in. Bulls shall have new pasture to graze in. On hourly charts the Bears had a steady down trend and 27th March was the day when Bulls started staging effective resistance to Bears. From here onward we see that a swing low is formed and subsequently high and lower highs and higher highs are formed. This brings us to a point where we have...

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After a bearish spell the RSI showed a bullish divergence. Consequently the pair has also showed the HH and LH. Therefore, we may initiate a long position when it crosses the recent high. For convenience the SL, TP1 and TP2 has been marked on the chart. Pl do share your thought about it.

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Head & Shoulder pattern has been formed on 1 Hour timeframe. If the price violates the Neckline than we may initiate the Short position with a defined SL and TP.

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Currently TRG is trading above a critical level, as marked on the chart. We may initiate a long position with risk and tp defined on the chart. Good Luck

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From June 22 to Oct. 23 the pair remained in a triangle. From 16th Oct. 23 the bulls took the charge and took the price to 4k plus level (in 21 weeks). From 11th March 24 to onward the price has again been forming a Triangle. As per time cycles the price started climbing up from the 70th week. The same 70th week marks the beginning of another triangle which we...

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The pair had a good bullish run on daily time frame. It us retracing trendline resistance, as expected. On 1H chart it has shown the bullish divergence on RSI and price is in between 0.38 & 0.5 Fib. level which creates a bullish bias. If price closes above the last High we may initiate a long position. Potential TPs have been marked on the chart. What is your opinion.

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The pair has been trading in the range for very long time. It has breached the range on 5th attempt. Now the price may retrace to retest the ceiling it has broken. We may treat it as an opportunity to make a Long entry. Stop Loss , along with the TP1 and TP2 has been placed on the chart for ready reference.

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Bulls are trying to break above the 4k price level. There three attempts have failed. It does not mean they shall never succeed. Whereas in all this effort a famous pattern of cup & handle has been formed. Once the price sustains above this level the Target Price shall be 6075. The stop loss, as of today, has been defined and TP for the pattern has been marked on...

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nas has shown the reversal of retracement signs so I have initiated a long trade my tp and SL are marked on the chart

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After posting the intraday high of 93.48 on 26th April 2022 the security has never been able to come out of selling pressure. On 14th October 2024 the price of 30.01 was printed as the lowest of recent times. From this point onward the Bulls have been trying to get a foothold and some early signs of there success have been noticed. For those who like to do bottom...

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The security after printing higher high prices has been sideways for quite some time. The trendline was successfully violated almost a month ago. Afterwards the bulls staged a 2 day rally followed by a sharp legged recovery on 20th Dec. This shows the momentum is in favor of bulls. So when the bulls succeed in closing the price above 37.60 we shall join them. Pl...

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After a marathon rally up to 465 the security made a retracement to the fib. level of 0.5 and now it has the shown the signs of reversal. Such are the good opportunity to make quick money. All the parameters of trade i.e. entry, SL and TP has been marked on the chart. You may trade accordingly. Pl do tell me your opinion as learning is both ways.

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Pair has printed bullish divergence on RSI so if it closes the last Higher High HH we may initiate a Long position. Since the divergence is strong and a good momentum is being witnessed so we have identified multiple TPs. what you think about it.

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On the 30m chart the bulls are taking the price up inch by inch. Recently they have posted a Higher Low HL and a Lower High LH which is conflicting in nature. But if the bulls succeed in breaking this lower high we also become their strength by joining them. pl share your thoughts how we can improve this.

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After a spell of bearish move the script has shown resilience. It has broken the recent high thus showing the bulls strength so we can join the band wagon to make some profits. pl exercise the strict money management for profitable trading. what is ur opinion

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After a very volatile November the month of December witnessing a sideway activity. Now this sideway is taking a shape and forming a wedge. If this wedge is breached upward we may initiate a Long trade. SL and TP has been marked on the chart for ready reference. Wishing a profitable Trade.