PSX-Technicals

PSX-Technicals

Observe price between 12.50 and 11.88 Once price gets a regection on daily TF with a pin bar and High Volume , Buy trades with Target upto 20,30 and 42 are expected.

PSX-Technicals

Buy once price closes above BB50 Price target1: 92.59 Price Target2: 150

PSX-Technicals

Loads is offering a powerful Buy Set-up with following confluences: 1. Pirce has broken out range and re-tested it. 2. Re-test of Breakout range with healthy price action (Pin-Bar) 3. Surge in Volume after a bounce-off price from breakout zone. 4. MACD & RSI have generated a Buy Signal. 5. Rejection of Price at lower boundary of BB. Target Prices are 19, 21 & 25.

PSX-Technicals

Price is currently at a High Probability Buy Zone with Target at 544 & 600. Confluences include: 1. BB-50 (Base line Retest and Rejection) on weekly TF. 2. RBS Zone overlapping with 61.80% to 78.6% Fib. zone. 3.Strong MACD Signal. 4. Surge in Volume on Daily TF at a key support area. 5. SL below 322

PSX-Technicals

Price is currently testing TL of daily TF for 3rd time. There is possibility of fake breakout of this TL with price forming a pin-bar at TL on daily TF. Once Price gets a bounce, a Buy around 56 to 60 with Target @ 76 is expecteed.

PSX-Technicals

Reasons for Deeper Retracements are : 1. 20, 50 & 200 SMAs are converging. 2. RSI on daily TF is below 30 which signifies Bearish Trend 3. Weaker Price Action at Recent Swing High is signalling Profit Taking activity is taking place. Way Forward: 1. Observe Price Action once price tests 200 SMA and 78.6%% Fib. Level. 2.If a Bullish signal (Engulfing, Pin-Bar with...

PSX-Technicals

Confluences include: 1. RBS zone (Marked on Chart). 2. 78.6% fib level support 3. VSA suggests absorption of large orders at current price level Price may test 190 to 200

PSX-Technicals

Confluences include: 1. Support of Anchored VWAP 2. EMAs Channel 3. TL Breakout with sustained volume AFTER Breakout 4. Tendency of Price to test ATH level with a good momentum.

PSX-Technicals

If price breaks above TL with good volume, but trade is on the cards with 2x earning potential

PSX-Technicals

US30 has broken trend-line after showing divergence at a key Resistance Level of Higher TF. Short Set-up with TP and SL is marked on the chart.

PSX-Technicals

Currency Pair: GBP/USD Possible Set-up : Bearish Reasons: Price is near a Key Level, Price action shows rejection of the level, Bearish Divergence at intra-day timeframe (M30). In case price breaks above resistance level (1.26368) on higher timeframe with a momentum candle, Bulls will be back in power.