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GBPUSD Morning trade! Short Market correction **Title** - GBPUSD Morning trade! Short Market correction **Symbol and Timeframe**- 15 min to 1 hr **Overview**- The market will be red today, Yesterday market fulfilled the orders for 30th May, which is FFLC. the market is in the golden fib zone which means retracement or downtrend is a must, market movement is slow, so it will be a wise decision to follow a long-term trend and get a small position in the morning, so the London session and new york session if goes accordingly in red then risk reward for me increases. **Chart Analysis**- Down Short Position **Entry**- 1.24374 **Stop Loss**- 1.24502 **Take Profit**- 50%- 1.24100 - 50%- 1.23900 **Risk-Reward Ratio**- 1:2 & 1:3 Disclaimer : This is my viewpoint, trade on your analysis only
Short
by KrishB20
adA IS BUllISh YESSSSSSSSSSSSSSSTL;DR Synopsis Cardano price analysis reveals a bullish trend, with ADA/USD facing rejection at $0.4478. Support for ADA is present at $0.4296. Cardano price analysis is providing us with strong optimistic signs for the day. The bullish tide has been quite strong, as price levels have been growing at a regular and consistent rate. The price is currently at $0.4402, which is a significant victory for purchasers. More positive movement is predicted as support at $0.4296 is stabilized.] All in all, Cardano price research reveals that the currency has been able to make a strong rebound today and buyers have been successful in pushing prices over $11.4402. However, the bulls must watch for the resistance at $10.4478, which could pose a barrier to further gains. The strong bullish momentum suggests that Cardano's price may rise above the given level if buyers maintain market pressure. dm for more info
KRAKEN:ADAUSDLong
by DEinvestment
XAUUSD Daily Projection 10/04/2023XAUUSD GOLDclosed the week in the 2004 - 2020 range last Thursday . Given the good NFP results, it is we already know that GOLD will make a GAP fall this morning. Now that the GAP is already closed, we know that downtrend is confirmed for Loco at least until tomorrow. Let's focusing on Sell where i see a resistance area at 1997 - 2003. It is most likely GOLD will pulled back here before making another drop. SELL Area 1997 - 2003 SL 2009 TP 1988 R3 2049.488 R2 2028.282 R1 2019.860 PV 2003.728 S1 1996.578 S2 1987.934 S3 1977.788
OANDA:XAUUSDShort
by AbsoluteWillid
2
In AUDUSD We Have To Sell In AUDUSD we can see a uptrend from 2or 3 days continously and now the candle stick have reached its resistance level. So we can short the particular currency pair. The target is also very good if we talk about risk to reward ratio i.e. 3:1 which is considered as the very nice risk to reward ratio. So at the conclusion i will give the opiniun to short the particular currency pair at the level of 0.67140 our Take Profit will be at the price level of 0.66555 and our stop loss will be at the level of 0.65357 Have A nice trade, Thanking You Satyam
Short
by SATYAM980052
Nifty 50 Price action today expiry 17/11/2022Looking at elliott waves, we can see that Nifty has now completed a C pattern yesterday (5 and 15 min time frame ). As well as the start of an impulse wave. Once this has proceeded as an impulse wave. As you can see the second wave retraces from that yellow box and continues the upward trend and 3 rd wave impulse. If we look at the open interest, we have reasonable support at 18300 and if Nifty is not able to sustain that level, a decline will happen. As per my earlier posts, a steep decline can happen anytime until we confirm the end of wave 5 of lower time frame or wave 3 of the 4 hour time frame. it will be the last correction for this year.
NSE:NIFTY
by DeepuPrabhakarTrade