Long nifty if it sustain above 14925 or getting a breakout of inverted head and shoulders in RSI as same as in nifty, target should be above 15200 and 15250 with a minimal stop of below the previous candles close and could be below to the previous low,
When to trade?
1. Open above 14900 and sustain
2. Breakout in a RSI of the drawn trend line
3. Breakout of...
Banknifty Spot setup for coming 2-3Days.
Keep watch on trend line. Near trend line Dohi is created so could be potential reversal sign. Of 1 hr time Frame trend line is broken on uppers side could be good opportunity for long as well.
Above levels are for Spot. Similar trend lines can be drawn with FUT
GBPUSD - Technical view: More downside to go?!
Support: 1.36830, 1.36050, 1.35310, 1.35000
Resistance:1.37930, 1.39515, 1.40455, 1.41570
Pattern: Wedge/Pennant - Broken to downside, Blue line measuring length.
Bears are in control if we get a break below support area of: 1.36570
Bulls are in control if we get a break above resistance area...
Amazon prints a fresh ATH and making HL , Trading within a Nice channel that has been respected since July 2020.....3 time we have rejected a breakout opportunity which was anticipated .
I see Amazon breaking ATH over the course of the coming months when earnings are announced 29 April ...approximately 77 days time .... Amazon has smashed the past 3 estimates...
WEDNESDAY - Half way through the week!
GBPUSD - I like the long side for GBPUSD for months. It's a great trade that has had great momentum, I stuck to my trade plan, being disciplined is key and built long positions along the way - I am now scaling out of my positions!
On my FX weekly I posted out to various groups I am part of - It's FREE to subscribe. It's...
Welcome traders to a free analysis breakdown.
Today I am highlighting possible trade ares on EURJPY both from a long and short term perspective. If you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful...
SELLS now valid on EURCAD! 📉📉📉
What is our strategy?
Our strategy is a trend following strategy - that is coded in pine script to use with the trading view platform - the entries are shown automatically! NOTHING is done manually, it can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame,...