Technical-analysis
20 reason for sell GBPUSD Update 28/08/2022
we Analysis every market in depth and 7 dimension PRICE PATTREN VOLUME MOMENTUM VILATILITY STRENGTH AND SENTIMENT
1 Structure 12 :extreme bearish
2 imbalances :\Target marked
3 Current Move 12:impulse
4 Entry TF : D1
4.1 ETF Structure: Bearish
4.2 move : Impulse
5 Support Resistance: Flag base Resistance
6 FIB: filled all retrace
7 candle Pattern: wick and momentum
8 Chart Pattern: pole and flag
9 Volume : above average of 9 (VAS)
10 Momentum: bearish below 40 (RSI UMCONVENTIONAL )
11 Volatility : walking on the band bear (Bollinger BAND)
12 strength: strong bear (ADX)
13 Sentiment : extremely weak (ROC)
14 Final conclusion: sell
15 Buy /Sell/Wait : Sell
16 Entry: 1.1.1725
17 Sl:1.1909
18 Tp:1.1441
19 Risk to reward Ratio:1:5
20 Excepted Duration : 10
Oil bottom is near? Lots of news that would push oil commodities higher and just looking at this from a technical standpoint of volume, price action; it looks like the bottom is nearly here give it 1-2 months.
GBPAUD get bearish !well we have a really good point from where we can take a sell entry in gbpaud and easily we can take 150+ pips into this trade
GBP USD BUY (LONG) ANALYSIS After an impulsive move to the upside a 4hr order block has been formed .
I refined my order block to 1 hr. timeframe
I know the market is attracted to liquidity so most likely will come to take out the equal lows liquidity then into the order block .
Enter after confirmation on a lower timeframe
if you have found my analysis helpful please leave a comment below .
BTCUSD Short term TAGoodday fellow traders,
Short-term update! Looks like a false alarm. Price action well on its way to retest a longer term resistance. See my related ideas.
Inverted head and shoulders chart patternInverted head and shoulders chart pattern on 2 hours time frame.
U$DCAD IDEA :)In this business, if you’re good, you’re right six times out of ten. You’re never going to be right nine times out of ten.
Long on USOIL/ WTIBased on the structure of price action. There's a potential H&S, if this plays out then we can expect movement to the downside on the right shoulder, if not, we can see price move further above that supply zone.
DISCLAIMER: THIS IS ONLY A POSSIBILITY not a guarantee. The point of technical analysis is to understand structure and have clarity of the charts not so much predicting the chart but equip us for better reaction.
Eur Nzd ShortEur Nzd lost momentum going up. Buyers are taking Profit and sellers are coming in strongly.
Market already creating a broadening wedge.
enter on the retest of the short time frame supply area.
Take profit on the demand Zone
Eicher motorsEicher motors on the verge of breakout, close above trendline approx 2950 can give good short term as well as long run returen
Gold Is at buying area with very good upside possibility.Gold is trading at 1923 which its multiple time support zone , last few days back gold bounce back from these levels, so this is very good opportunity in gold for going long for very good returns.
The target of gold may be around 1850 to 1860 in few days. The technical analysis is showing gold trading at very discounted price and coming big events like fed rate change and other global instability will also work as fuel for gold price.
Dollar is trading near all time high which is not going to stay there for long time so this will definitely help gold to rise upto the new high in coming weeks.
The global sentiment are still not good and stable so people are going for more safer investment types of assets and gold is number 1 in this area,
SO have a look on gold ...
ICICIBANK technical analysisNSE:ICICIBANK
In ICICIBANK
I used auto harmonic pattern to predict the market if u also want to use this then follow the steps:
1) open "indicator" and search "auto harmonic pattern" and click on it.
2) open "settings" and go to "style" and remove "table".
3) this indicator will automatically generate targets.
And if u want to understand more then follow us and observe how we give targets and find levels:-
👇👇👇👇👇👇👇👇👇
If it breaks downward level (* 715* ) as you can see in the chart above, then our :-
Targets :-- * 685 * ,* 625 *.
Make sure that market may retrace after achieve target.
For more such information stay connected with us.🤘🤘🤘
SKP RESOURCE BHD OUTLOOK 09/06/2022SKP RESOURCE BHD:-
This Counter having a continue Uptrend from From last 3 days and is expected to do the same ahead.
the started the uptrend right from 1.565 and is now at 1.700 and is expected to move up to 1.750 and if i t break the 1.760 mark then a price of 1.850 can be expected.
Support:- 1.535,1.485
Relative Strength Index (RSI):- 76.35
GBPJPY ideas for the new week.According to my calculations, GBPJPY should make short-term shorts early next week but I expect over all buys unless the candles have something to say about it in the middle or end of next week.
EURAUD BUYWe can see a third touch of the 4h and daily up trendline. if it respect this area with a touch into the demand zone - we should technically see price go long to atleast previous equal highs.
If you agree and want to see more technical analysis - please follow this page.
And have a great trading day week and month!
Icumoku cloudThe Ichimoku Cloud is a type of chart used in technical analysis to display support and resistance, momentum, and trend in one view. TenkanSen and KijunSen are similar to moving averages and analyzed in relationship to one another.
Bitcoin Bearish fractal continuationBitcoin price after a breakout of a falling wedge pattern, might possibly continue the bearish trend after a bullish correction at 30.500$. This might lead to a further drop of price below 25.000$
AUD/USD Long FuturesWhen price changes we need to change with it and tune ourselves in to what are they doing?
In this case, buyers are making HH/HL's. In my previous post i was anticipating an expansion of price into the major.
Order moved into the swap of the minor pivot
LUNA looking to break out of wedge within a wedgebig move coming here soon, one direction or another.
APPLE SHORT APPLE already in down trend we test the last high and get reject i call the short from 157$ on over plat form
and the target still to 150$ we going there because the S%P LOOKING GOING DOWN it's more likely to drop to 150$ that's the target
and we lost the ema's
and the 140$ is likley to happen too but i am not expect it now maybe i will update it later
good luck guys be safe
