Tradingwithtamil

Tradingwithtamil

Hello traders, The pair EURNZD witnessed a resistance-confluence 1.7465-1.7488, comprising DEC high. However, pullback towards to 1.72300 turned back to the top; its further upside can be tested by the downward slanting. The price range has one more chance to get the reversal a broke could quickly drag the quotes to 1.71850. In case the pair continues declining...

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In the chart, price range moving in sideways with a stable consolidation. Normally, the market executes this kind of pattern in order to clutch the price range from markable fall. Is there any markable fall in the previous move? Yes, at 0.62448 the candles got a trend change from downward movement. Even the fall recorded as a narrow Impulse. By that fact, the...

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Hi traders, EURUSD BUY PLAN: After the fall from the first mid of this year, market printing the signals in the mean point. The chart marked candles as a descending broadening wedge; the potential of the candles adding an extra boost for a breakout setup from current price range. Due to the pair familiarity, there is a chance for pull back-formation after the...

Tradingwithtamil

Hello traders, Unless breaking the seven-week long ascending trend-line, at 0.7597 now, chances of the CADCHF's pullback to 0.7650 and then to the 0.7665 can't be denied; though, recent high of 0.7675, ascending TL of 0.7685 and the 0.7700 could check the pair's strength afterwards. Assuming the pair's rise above 0.7700, the 0.7735 and the 0.7765 can become...

Tradingwithtamil

Hi traders, Indeed, even subsequent to examining the utmost lowest levels of 2018, significantly because of RBNZ's dovish tone, the NZDCAD still needs to close underneath the five-year-old upward inclining trend line, on a weekly closing basis in order to stretch its downturn to 0.8580 and the 0.8510 supports. Should prices continue declining beneath the 0.8510,...

Tradingwithtamil

Throughout the market, Cad pair's offering great opportunities at this weekend. Since last night USDCAD moving with a support-confluence,1.31150 will be the immediate resistance to tackle before confronting. The pair's ability to reach next pass gate 1.3190; this pass may hold the quote's rally towards the 1.3265, the 1.3340 and the 1.3385 are the upcoming...

Tradingwithtamil

Hi traders, After the successful conquer at 0.89650-0.90000; the market broke the descending channel trend , EURGBP up-move seems reliable . The zones 0.9020-34 could be attention seeking zone. with this, 0.9060 and 0.9110-48 would be the rest point to regain the upward potential after pass-through. The whole throttle is enough to grab the quote 0.9240...

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Hello traders, TECHNICAL BUY PLAN: It's more than a month since the pair follows a symmetrical descending trend. However, the price quote gearing for breakout bullish move. The descending trend acted as a stable resistance; support backup. The signal have a brighter chance for the breakout. If breakout happens, it may tend a small pullback formation to obtain...

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EURJPY possible resistance and support zone; in an hour timeframe the chart yet to draw a mixed print. Gate opens for Buyers and sellers. The rate spotted@ 128.722 Resistance Support R1-129 S1-128.51 R2-129.46 S2-128.09 R3-130 S3-127.55 Support has the...

Tradingwithtamil

Hello traders, Currency Trading and the coin has similarities . Odds for winning is public for everyone, but involvement and execution will make differences. Rarely, Some trades have an equal amount of potential on both directions ; hard to make solid decisions. In Daytime frame, AUDCHF pair forming a structure to make those statements correct . The...

Tradingwithtamil

The trend lines is a line drawn over the pivot highs or under pivot lows to show the forthcoming price trend. The concept of trend lines was started to give a visual representation of support and resistance in any time-frame as a direction and speed indicator of price. Especially when the price range starts to contraction. BREAKDOWN TRENDLINES Analysts are...

Tradingwithtamil

Hello Buddiesssssssssssssss, GBPAUD thrived to break three-month-old descending trend structure and bringing the price range to beneath; the market failed to conquer the thrive. The signals have the brighter chance for an extended downturn. Precisely, the market printing signals nearby 1.75029 extensions may drop the range to 1.7365-55 bear continuous sentiments...

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UKOIL SELL PLAN: In a 4Hr time frame, market printing the signals as a complex Impulse reflection; after the reversal from 79.35 enormous abnormalities observed in the price movement. Currently, market firing the down candle @ 75.18 and an impulse fall correction from 75.87 adding extra fuel to the downfall. The signal has enough potential to break the trend, as...

Tradingwithtamil

Support and resistance levels are simply prices at which the people trading the market feel that the market likely won’t pass through easily. Support levels are prices that traders feel the market is unlikely to go below. Resistance levels are prices that traders feel the market is unlikely to go above. IMPORTANCE OF SUPPORT AND RESISTANCE. Support and...

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Hello traders, XAUUSD BUY PLAN 4Hr: Markert marking the price range @ 1228.659 facing the downfall. But the trend change will happen at any time. At 1307.233, market printed a down impulse and gave freedom to the signals from the sideways trend. After the reversal, price range reached the max.low on this year. Probably, the market will reverse the trend from...

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Hello traders, By the last month record, the pair EURUSD back to normal after the massive fall. The market printed an impulse at 1.15087 and turned the trend from downward. In 4hr time-scale the chart shows a mixed print and tends a triangle formation (shown in the graph). At 1.16764 the market emitted a power candle and break the triangle (shown in the...

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Hi traders, Sunpharma is at very good buying zone and yet to form a bullish impulse. At the point 482.05, the market printed a sharp breakout impulse and divert the market into the bull lane. After the change, again the market been through a correction-breakout setup (shown in the graph). Although, Back to back correction-breakout structure formation confirms...

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Hi traders, SELL IDEA: In the chart, the price range moving around 27033.46 ADD-ON: Due to the Economic fluctuation traders don't prefer investment in trade related to developing countries. But a country like India exposes a standard development in all fields. So, volatility of the price range is less when compared to a similar pair. Apart from that, the...