I was looking at AUDCHF and observe that price is at the entry level identified by ProTrader. I am of the opinion it will aim for the marked levels. I have noticed on many occasions that price hits at least the first level and usually results in a good trade. Let's see what happens this time. My earlier observation on this pair is also linked below. For the...
I was looking at AUDJPY and as per my set up, any retrace is a good opportunity to go long as price will attempt to reach marked levels which are based on Fibonacci levels. Let's see.
I was looking at GBPUSD on 1h on basis of HTF data and find that price has entered into the buy zone on ProTrader set up. I expect price to attempt to reach marked levels. Entry would be 1.30297 with SL at 1.29902 with a risk of around $400 a lot. Let's see how it works out. For the curious types, the chart is based on Fibonacci Sequence and is powered by...
I was looking at ETHUSD on 1h chart and am of the view that price will attempt the marked levels as per the signals provided by ProTrader set up. Long entry would be at 3089 and as the price is below it, it must reach up to trigger the trade. Initial SL would be 2950 as marked by red arrow. When this set up appears, I have seen that on many occasions, at least...
I was looking at this scrip on 1h chart with HTF data and am of the opinion it will aim for the marked levels. Entry price would be 364.5 (as price has come below it, it must reach up to trigger the trade) and SL would be 339. What I have observed on many occasions is that price hits at least the first target when this set up identifies long opportunities. For...
I was looking at Apollo Hospital (APOLLOHOSP) on 1h chart and as per the ProTrader set up price has started making up move and my expectation is it will aim for the marked levels. For the curious types, the levels are from Fibonacci Sequence and plotted automatically by ProTrader Script. Let's see how it works out. I am always interested to discuss markets and...
This 3D chart of EURUSD will amply demonstrate how Fibonacci Sequence is very much relevant everywhere - even in markets. Those traders who do not apply Fibonacci levels on their charts may not fully understand why price turns around at certain levels or anticipate where price is likely to turn around. However, if they applied Fibonacci tool they will start...
I was looking at Gold on 1h and as usual ProTrader identified 1928 as entry level with 1915 as SL. Predictably, the price started moving up. Now the marked levels are targets and let's see if it will make it to those levels. The study and levels are based on Fibonacci.
I was looking at AUDCHF on a 30 min chart, with data from 4h time frame superimposed on the chart and I see that it has reversed from a key level on the 4h time frame that is circled for reference. I think price will now attempt to move to higher levels. .694xx and .697xx are likely levels it will aim for. For the curious types, the levels and the trend lines...
I was looking at Kotak Mahindra Bank on 1h chart and price is at the buy zone as per ProTrader set up. A retracement to under 1788 is likely but I am of opinion price will attempt to reach marked levels eventually. For the curious types, the levels are plotted automatically by my ProTrader script and I have seen the targets taken out on many occasions. That is...
I was looking at HD on 1h and found that price is at a cheap zone as per the ProTrader set up. Any retracement above 298 is opportunity to go long. It will attempt to reach marked levels. Let's see how it works out.
I was looking at PNC and based on HTF data, I am of opinion price will attempt marked levels. It is at the entry price as determined by ProTrader script. So, let's see how it works out.
A retrace on the daily chart appears possible on the cards, but eventually price may attempt to reach the marked levels on the chart. My view is based on Fibonacci levels. Let's see.
I was looking at EURAUD on 1h with data from HTF. I am of opinion price will attempt to reach marked level. My views are based on Fibonacci levels. Let's see.
I was watching DXY on H1 chart and as per my set up, it appears that it will aim for higher levels. The breakout suggested at 98.429 (pointed by small down arrow) happened and price is moving up. A retrace on 15 minutes time frame could be used to enter into a long trade. I am recording this view for my study.
The set up of $BANDHANBNK suggests a trade on the long side on the Daily. But price is likely to first pull back before heading up. BankNifty holds the key for this stock's movement. This may even pull back up to 27x levels. As a practice to guard against price reversal after I take a trade, I always take a buy trade over a Open = High Red candle. So, if the...
I was watching $DHR on the daily time-frame and I have noticed what looks like a very strong breakout. Stock is at its ATH and with this move I am of the opinion that it will attempt to reach $370 levels giving a good 10% return. It is a good buy opportunity with SL below current candle. Let's see what it does. I am making this observation for my reference....
My chart is giving a very high probable signal that $FLGT is going to reach $120 - $130 levels soon. The rejection of the down move with a strong bull candle shows that conviction. I shall be watching this. I am recording this observation for my reference. Feedback welcome.