FaizanAhmad

FaizanAhmad

Rangebound trade. Limits tested before, not breached yet.

FaizanAhmad

Good short term retracement trade. Not a super strong resistance, but should work. Weakening of JPY will lead to upward move, after settling of political issues in US.

FaizanAhmad

Nice short-term Reversal Trade taking advantage of the upward move in the range bound trading. The removal of political risk and the inflow of investment from US to europe would further boost it.

FaizanAhmad

Market too much overvalued. Pending 5% decline imminent.

FaizanAhmad

range bound trading for weeks. nice option for short term long trade

FaizanAhmad

Rangebound trading. Hit bottom level. Expected rise. Short term rangebound trade.

FaizanAhmad

Having done a Fib Retracement of the recent upward swing, 1970 lies as the 50% retracement level. Also, the RSI points towards entering the oversold territory as it hovers around 1970.