Escorts has bounced back from its critical support of 1080-1100. Its coming out of oversold zones with ROC getting positive. Buy it and as soon as it starts trading above 20 day moving average, have a trailing stop loss of the 20 SMA. Fundamentally a very strong stock and so it's good for both traders and investors.
Hy dear Members hope you all are enjoying our ideas and Analysis. Now we are here to discuss about EURUSD.
EURUSD Is exactly Moving According our Analysis. Now here it has a small Retesting then it will start moving down.
Keep in touch we will update further soon.
Hy Dear Members hope you all are Enjoying our ideas and Analysis. Now we are here to discuss about XAUUSD. XAUUSD is Moving According our Analysis from last few days.
Now this is bouncing back from this strong Support level here it has maximum Chances that it can go up to the Price level 1950.
This is possible only when it will break this channel main Resistance...
Hy dear Members.
How you all are enjoying our Analysis and idea.
Now we are here to discuss about GBPUSD. We have discussed about this already today.
But I want to clear more doubts.
So as I said that it has maximum Chances to fill the in my previous idea. Now you all can see how this is going to fill the gap.
It can take time but it will fill this gap area.
Trade taken this morning:
Reason For Entry- Market Pullback followed by Engulfing Candle, also rejection of closing above the 50EMA.
45 PIP SL (1.70664)
TP1- 45PIPS (1.69773)
TP2- 90PIPS (1.69327
135 PIPS Banked
Next we have USDJPY!
This pair is inside of an area that I see as a major Daily Support Zone. This green area is an area that has been tested multiple times by price on the Daily chart and is an area that I will be looking for possible long trades out of.
Daily Support Zone- (106.530-106.860)