Priceactiontrading
GBPJPY, Daily tf, potential HnS pattern
Price might now complete the right shoulders exactly at 61.8 fibonacci level.
I am going to try selling GBPJPY as i think we have one more wave to the downside.
My target will be at the trendline supporting GBPJPY since 20 March 2020.
Sell GBPJPY 153.00
Stop loss 153.90
Take profit 147.90 (5.6R)
Use only 1-2% risk
Good luck
NZDCAD Sell Zones right now price is in the down trend and we are looking to get in to sell position first zone is our first entry and stoploss of that will be end of the zone if it hits our SL we will open another sell position at next zone with stoploss of 5 pips above the zone and both of the TP would be the zone down below
BTC/USDT - LongBINANCE:BTCUSDT
I can see a real good movement on BTC, even though there might be some pullbacks along the movement...
(Using Fibonacci retracement) We can see a strong support (@ $29,700 - $30,000), since the very beginning of this year... and a near support/resistance (@ $40,500).... retracing the movement with fibonacci level, we can see the market projecting towards the 50% level ($44,120)... and with a big momentum move, it can make a way through the 50% level and project higher and then have a breathing space at the near support/resistance.. before completing its full movement
Also, for dynamic resistance and support, we can see both the EMA 12-period and 10-period acting as support now.. this proof the bullish direction of the market
Don't forget, there will be some pullbacks during the bullish movement
Trade carefully, and make sure you give the market enough time to play out any ways it want to
Like and share your thoughts as comment, if you agree with me or otherwise... lets trade and win together
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EURNZD, 4hr tf, bullish bat harmonic pattern plan
We're seeing EURNZD moving towards potential horizontal support at 1.6700.
This area has acted as support twice in the last 2 months.
Something interesting is EURNZD moving in a harmony and has been respecting several harmonic pattern movements.
I am planning on buying EURNZD when it touches 1.6700.
Buy EURNZD 1.6700
Stop loss 1.6650
Take profit 1.6930 (4.6R)
Use only 1-2% risk
Good luck
GBPJPY in downtrend! You can short it now!On the currency pair GBP/JPY we have a nice signal to enter a short position. This signal was created by TL with confluence with EMA 100 and Fibonacci retracement 0.382. As a target, it is appropriate to specify the weekly Pivot Point S1, which has worked well as a support in the past.
GBPJPY in downtrend! You can short it with high possibility of success.
BankNifty Prediction & Analysis [03 Aug 2021]Bank Nifty Probable Support & Resistance Levels for 3rd Aug 2021
Resistance : 34855, 35180, 35335
Support : 34500, 34365, 34200
Apart from the horizontal support and resistance levels, you can also follow the dynamic support & Resistance levels as marked by dotted trend lines.
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