What we have. Breakdown of the ascending channel downward and correction to the border of this channel. I expect the instrument to decline to the price value of 153.4 - the nearest support and the level to which the price can reach after the breakout.
BANKBARODA: 78.15, crucial price. -Based Support/Resistance and Trendline on 15 min chart -Possible scenario: Sort selling could possible to retest the trend line. Close above that price would be bullish. BSE:BANKBARODA
Good risk/reward here. Long. First target $37.
Price action analysis: Done several retests at the support/resistance zone, now broke out of trend like to continue further down.
Short term target price: 27.04 Stop Loss: 22.06 Dividend distribution on 30.04.2021. DY: 6,47 (1,52 TRY p/s)
Chart should be self-explanatory. As first BTC has to break the recent high around 53000 to breach this downtrend.
I am testing my strategy as many times as I can. Lets see if it plays out how I want it to! LEAVE ME SOME REP! LEAVE A COMMENT! LEAVE A LIKE! FOLLOW ME!
FX:GBPJPY Looking to run shorts on GBPJPY, we have now seen a breakout of this trendline, daily is starting to show signs of a slow down. I am holding longs on GBPJPY from 135.00, 140.00, 145.00 & 150.00 so this is why I am allowing myself to take some risky shorts. If my shorts get stopped out, then I just hold longs, win-win
TVC:USOIL Longs running, now at breakeven, I will hold these as hedges now! Price has come back up that $60 level, we may push higher as expected but starting to take shorts now is looking nice and will be risk free if we get stopped out
As stated in our thesis yesterday NuCypher was setting up a beautiful ascending triangle pattern. We identified a trend line for entry as well as defined our ideal profit targets and stops to control our risk. This morning NuCypher broke out on strong volume and reached a morning high of .64 The area above .62 was identified as a good area to take some risk off...
If you enjoy this free analysis please like and leave a comment below it will really support creating more free analysis and ideas for you. Analysis of #EURGBP Hello friends, while the RSI keeps making higher highs and higher lows the price was not able to make any higher high whats so ever. I am really following this setup closely and looking for a reason to...
PT1 4.51 PT2 4.74 PT3 5.15, Longer Term PT is a breakout above the 2013 resistance level charted.
My last publication on this pair fetched us over 200 pips (see link below for reference purposes) and it appears another trading opportunity is coming in! The Greenback has been on a spiral downtrend until last week when price turned around to show signs of strength as it breaks out of Bearish trendline to set up a possible rally in the coming week(s). The...
NSE:GICRE is breaking out from trendline and if it manages to close above it today with good volumes then it would reach the recent swing high around 157 (10% upside).