Good Risk/Reward
GBPJPY shortSince price broke support and closed below 151.844 on Friday, I'll wait for it to break and close below the yellow trendline to open a short position after that, we could have a pull back to form the right shoulder of a head and shoulder pattern. Let me know what you think in the comments and good luck
MAHINDRA & MAHINDRA as on 09.08.2021FALLING WEDGE PATTERN FORMED!!
IF IT GIVES A BREAKOUT THEN CAN MAKE A NEW HIGH!!
Bollinger Band can break up there squeeze of more than a month with a breakout candle WHICH MAKES A GOOD CALL!!
CAN retest and move up !!
MACD sowing good strength after a long time !!
RSI coming back towards 60!!
EMA 5 DEMA has crossed 13 DEMA (making anticipatory call) AND CAN now cut 26 DEMA (AFTER 2 MONTHS!!) can make a very good call!!
TARGET PRICE=955/988
STOP LOSS=753/719
WEEKLY CHART MAKING SAME PATTERN!!
MONTHLY CHART MAKING A BREAKOUT MOVE!!
GIVING GOOD SIGNALS!!
(The above analysis is only for study purpose do not take it as any buy or sell call)
TIME TO LONG FOR BTCBtc currently trading at 39300
And There is RSHS Formation for now
We have minor resistance in 41500, may be re-test in this level
After I am waiting for 46000
Thanks for your attention. You can ask everything, I am waiting.
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AMC Entertainmant (The next big stock?)This is the AMC Entertainment chart, so as you can see its in a huge symmetrical triangle.
It could breakout or breakdown pay close attention to the trendlines, but mostly it breaksout with a nice target point *(As i marked above)
Conspiracy: Big banks and instutions investing heavily in this stock. Why? Just follow the money and hopefully we can ate a layer of the cake!
NZD/JPY GOOD SHORT POSITION NZD/JPY is going to touch the weekly strong resistance and than going down toward the resistance broken turned support at 73.600 look for a good short position and proper money management according to your own trading equity and enjoy the pips
ALWAYS remember
PATIENCE IS THE KEY