BABA is in the FIB golden pocket region right now Entry @ 106 ~ 107 is confirmation of reversal . Then it can be ridden till 120 SL @ 96 TP 120
LLY has a good bull trend channel on a day time frame RSI at the moment at 368 is overbought and there might be correction where it will stay in accumulation mode or flat line for some time but then it can continue to move forward . should be bought with those opportunities
its forming a pattern of Assending triangle also Rising Wedge Which indicates the movement can happen both ways If it drops below 5.90 then it will be a confirmation of a bearish reversal If it goes above 6.50 then it will be continuation of the bullish move Make entries after 6.50 to ride the bull trend
This is a parabolic movement in progress Series of HH and HL are being formed. With tight SL the move can be ridden. 3.68 was the last strong support . The new resistance can be 3.91 to 3.90 range
Anything above the golden zone of Fin i.e 5.80 + Can be a confirmation of a bull reversal and the bull trend confirmation
According to Fib 3.54 to 3.78 is the golden area according to the Fib if It cross above this golden zone that will be a confirmation of a trend reversal otherwise it will continue to bear trend
WMT bullish flag formation Entry at CMP TP 150
NDX at the moment is bouncing between the long term BEar trend reversal FIB golden zone If we see NDX going above 13500 that will confirm the Bear trend reversal and the return of the bull market will be confirm Until then the next support is at 11500 . If it goes below 11500 then next strong support is 10800/10500 levels which can be idea for making entries...
XAUUSD at 1d timeframe can be judged at Fib retracement PLAN A 0.286 level ===1875 is very important level to watch . if this is strong support tested few times and go above 1950 then the Bull run will continue so make an entry after multiple testing at 1875 levels and ride it till next resistance levels or the bull run continuation Entry @ 1880 SL @ 1875...
BEarish Divergence spotted at 1d time frame in RSI indicator If this materalizes then it means a bear drop to the next support level Bias : Short Entry @ 23253 TP 1 @ 21602 SL @ 24500
Its following a simple box boundry bouncing pattern in 1h time frame a good opportunity to enter now and follow the movement Entry @ 1928 TP @ 1930 TP @ 1933 TP @ 1935 TP @1940 SL @ 1920
APPLE is at a trend line resistance level very import from 144-150 IF apple reaches this level this means it has broken a strong trend line and can continue to push for Bull run If it cant cross the 144-150 resistance then I'm afraid it will also continue to do a bearish reversal as per FIB level strong resistance as well
Reverse Cup and Handle chart pattern Spotted Bearish movement can start if it goes below 140.500 Entry @ 140.500 TP 1 @ 139.635 SL @ 141.147
GBPSUD yesterday had a bit of decline due to news Now it looks like its going back to its previous trading pattern which is a Rectangle with boundaries between 1.23328 -> 1.24495 After yesterdays disruption if it breaks the resistance of 1.23328 then ENTRY @ 1.23390 TP @ 1.23700 - 1.24100 SL @ 1.23300
Bullish Indications : Broken a long running rectangle with boundaries between 0.70650 & 0.68691 due to the news release earlier Moving forward as the other market starts opening up there is expected bullish movement upwards since it has broken the rectangle Next historical strong resistance 0.71296 Possible Long position when it bounces back from 0.70637...
Bearish divergence spotted in RSI Entry @ 81 SL @ 84 TP @ 78
CHPT has now bounced back from a very strong Fib channel of 0.5 The next level is also broken and looks a momentum is building up to continue to make double top This gives us an opportunity to ride the Bull trend Entry : 11.10 SL : 10.49 TP1 : 11.71 TP2 : 12.27 Bearish Indications is a chart pattern called rising wedge If the price falls below 10.50 then...
Bearish divergence in RSI Can be observed further to take that trade when the reversal of the trend start Short until 77 which is the immediate support