Indra is moving inside a lateral channel with a slight bearish trend. In the last days there have been good news about projects that are being signed (i.e. Defense, Ireland) but it looks like global pandemic situation is making investors undecisive whether to hold positions on the stock or withdraw. Lond term trend is clearly bullish. The company was planning to...
The key zone is around 10 - 11.000. This is what I called as a bull trap in the related idea and the situation is absolutely the same. So I expect one more upside movement to the trap zone, what's more, I would like to see even a failed breakout, and then after a huge reversal. Before this, the falling channel should break upward and then open the space for...
sideway since 3rd June 2020...market more bias to trending to the downside, but as long as the competition of bull and bear has not shown any edge over the other, sideway market will continue... resistance level : 2380 -2420 support level : 2300 -2320 if you trade trend, this is the time you "die"...either by the untrending pattern or because of boredom...
NIFTY is trading in a 300 points range from past 3 trading sessions. Range : 10030 - 9730
avoid trade this pair all XXXCHF pairs gonna be messy in the next 2 weeks there is no clear patterns showed
BIG SIDEWAY after rallied to weekly Resistance Level long term strategy is only sell on high *money management is required *pay attention to this Commodity separated from Major Currency and DXY
The upper line of the channel should be support zone beside that it could reach 1.2450. So I wait for one more upside movement to a little new high to 1.2660 - 1.27 resistance. And after that coming a backtest once again so we should prepare for sideways trading. My view is on the Elliott pattern. I do NOT like the pejorative phrases like OVERBOUGHT/ OVERSOLD in...
Looks like we r heading once again 2 the upper side way channel , can we brake this wall of fame? Place your Bets
ALOHA Hope your May is on pace for dominance! There have been a lot of nice moves that I was not personally to capture but still stoked to be watching the strategies play out. I am currently sitting at -1% for the month with 3 BE trades. I am currently look at USDCHF reversal short. D - Price does not always have to touch a resistance or support line, the ray...
Classic support and resistance that yield 45pips of profits if you choose to trade within the boundaries of the Roof(Resistance, Red) and the Floor(Support, Blue). A sideway bounce trading strategy is 1 of my favourite trading setup. The black line is for my alert purposes only.
Hi everybody. Wanted to share possible scenario for BTC/USD price action.. From what I see right now, we might be in double three correction a pattern (Flat / Any three / Triangle)... Original target to buy more BTC or open longs are at $5780 (also 0.786 fib) . Keep in mind, that I drew only preliminary triangle as it might change as time goes by. There is a...
USD/CHF is in a sideways movement in the 4-hour charts. It is currently at its lower end of the range and has formed a bullish rejection candle. Hence we expect the pair to move to its upper end of the sideways range.
A bullish shark pattern setup as a countertrend trade on a sideways market. I will wait for market confirmation to engage this trade and as this is a countertrend trade I will not extend any targets, personal preference.
AUDUSD finally completed the Bearish Bat pattern. H1 showing a double top reversal.
A bearish bat setup is valid for a trend trading trade on the higher timeframe, daily chart. Trade Engaged waiting for reversal to take place.