JSW STEEL:- EXPECTED TO CONTINUE UPTREND. Market is currently trading in an up trend on 4H time frame. And recently market has taken support from its higher low. Market is expected to test the level of 780 per share.
We can Spot a double bottom in Boeing on a daily Time frame. Neckline of a Double Bottom has already been broken. One may enter into a long position after a pull back. Market is expected to reach the target of 230$ per share. Major support is at level of 175.
Head and Shoulder in AUDJPY daily time frame. Neckline has already been broken and market is currently moving in a downtrend. Currently market is retesting the neckline resistance. Market is expected to be bearish for few upcoming trading sessions. It may test the support levels of 86.000 on downside. Major structural resistance will remain at the level of 95.500.
Hi Traders, on today's pair , we are looking at GBPCAD for a sell. We are on a bearish trend and current with a break and retest of support as resistance
Hi Traders, EURJPY broke below the support trend line and retesting the previous support as resistance
AUDCAD has presented an interesting price action. Trend has shifted bearish and we will look for a short once the correction phase is over.
hello traders, GBPCAD has given us an interesting price action which can see the market going lower to the next support level with is also in confluence with the primary trend line
Gold is at a resistance level with a rising wedge pattern
AUDCAD has created a double top formation which indicates a potential exhaustion of buyers and an onset of bearish momentum
On US100, we have spotted a double bottom at a support level 11450 with a break of the neckline
On USDJPY, we are on a bearish trend which indicates sellers existence in the market. Price is currently retracing to a resistance level correctively in a channel which was a support at 138.00. We will look for shorts once the channel breaks with some sellers momentum
Hi Traders, on today's setup we are looking at ETHUSD for a short position . Price has broken the support trend line impulsively and expecting price to reach 1204 or 1167 as it goes lower
USDJPY is moving correctively on the descending channel to a resistance level at which we can possibly get the sell signal back to the support zone
Hi traders, we are looking at gold for a long position after the break of the resistance trend line of the pull back
Hi Traders, today on GOLD, we have a double bottom formation for longs
Hi traders, today on USDCHF, we are seeing a break and retest of a support level as resistance on a downtrend
Hi traders, on EURUSD, we are looking for a short after the break of the neck line of the head and shoulder pattern with a retest
Hi traders, on EURGBP, there is a head and shoulder pattern that is created presenting an onset of a bearish trend