Disclaimer: I am not a SEBI register person please contact your financial advisor before investing
Short opportunity : RED slope/trendline breaks
Long Opportunity: 1920 breaking with good volume and sustain
Always try to trail the SL.
CALL AND ATTENTION GIVEN TO ALL GROUP MEMBERS
1. 15 TF TREND LINE WAS RESPECTED
2. IT BROKE THE TL ON 4 TH ATTEMPT
3. CONFIRMATION WAS GIVEN AFTER BREAKING DAY LOW AND RSI CONFIRMATION
4. EASY 300 POINTS GRABBED ON PUT OPTION
Currently Gold xau usd in 1944 level which indicates 0.382 levels in 1 hour chart. It might retest the 1967 level which is 0.5 fibo level. If it will happen my take profit and SL zone will be--
Entry= 1 hour resistance rejection
SL - 1979
TP 1= 1950
TP 2= 1920
It is possible that EURGBP will continue its H4 downtrend to the lower support zone (around 0.888). The market is making lower highs and lower lows which is by definition a downtrend. A medium-to-large sized bearish candle closing below 0.89377 will be the signal to place a SELL on this currency pair with a stop loss placed just above the previous high (SL =...
Here we have a possible head and shoulders pattern forming on the H4 charts. The long wicked bullish candle on the right shoulder shows how price attempted to climb but struggled to even get past the left shoulder's high. Ultimately it formed a shooting star which is a good indication of a price reversal. A SELL order can be placed when the market opens providing...
Here we can see that CADCHF is in a clear H4 support zone. Trades can always be found at H4 support/resistance zones providing you use price action. As we can see price recently pushed down to 0.69020 but buying pressure caused the price to close within the support zone. This was then followed by a bullish candle. We need more confirmation here that price will...