devduttc30

devduttc30 Updated 

buy

devduttc30

There is good resistance over here , if its break and you get a confirmation signal on 2nd day then buy on 3rd day. as i don't think it will break so i will wait for shorting as if red candles is formed, then i will wait for 2 day for confirmation candle then i will short it on 3rd day For shorting we set 1st TP for 0.382 FIB.RE level and 2nd TP will be on...

devduttc30

you can short it but, that would not be with less risk reward ratio. if it break this support and on next day wait for confirmation and then you can short it As some one asked , so i am giving my analysis , but its not good risk reward ratio .i won't trade it or trade it with very cautiously.

devduttc30

Let trade the oil : IF it breaks the resistance level. we will wait next day for confirmation candle then we will short on the 3rd. So first TP will be 1.618 FIB.RE level and 2nd TP will be 2.618 FIB.RE level.

devduttc30

we can go long if its break this level with marked SL.Our First TP will be 0.382 Fib.ext Level And our 2nd TP will be just below 0.618 Fib.Ext level. As we are waiting for 2nd green candle to get confirmation to go long . For shorting we didn't any signal yet , so if green candle changes to red we will wait and see for the confirmation on 2nd then we will short.

devduttc30

Here it would be great trade if we get confirmation on next day within first 4 hours. we will go long with tight stop with risk and reward ratio of 2:1 and 3:1. Let's see how it will go for some days as it would be holding trade for long days. Till we touch our TP.

devduttc30

Most probably it would be down trend as it touches the progression line and we will put tight stop loss . and first take profit will be median line and 2nd TP will be the progression line.

devduttc30

Its is giving signal of uncertainty means, it may be a reversal but we will wait for strong green signal to go long. it is in consolidation stage, lets wait for breakout signal to go long or short as if its gives some strong signal on 2nd day for bullish movement. we will go long on 3rd day after observing it on 4 hours chart. with a tight stop loss. I would...

devduttc30

We could go short or log as triangle pattern breaks

devduttc30

i think it will touch the parallel line

devduttc30

i would like to buy first and will take profit in 3 set , and will sell it at 1st TP and 2ndTP and 3TP we need to hold it for 1 year at-lest . for first 1st TP

devduttc30

If price Retraces back from this Support and we get confirmation with a green candle on the 2nd day we will go long. Else if price Crosses this support with big body candle and a 2nd red confirmation candle we will go short.

devduttc30

Check out my trade

devduttc30

Pending order for buy or sell

devduttc30

To much of Resistance as of now . There are multiple tops So IF its Break this Resistance with Green body of the candle. then we can go long for this trade. So the First TP will be just below 0.5 level and 2nd tp will be 0.618 level .

devduttc30

Its showing uncertainty , so we would wait , once we get the confirmation with green candle for whole day , then we will go long from next day.

devduttc30

If its break this multiple top, then we can go long. Till then we will wait for confirmation of candle. or else retracement may happen. IF it breaks the multiple top then it will touch 0.618 Fib.ext level . We will set first Take profit to 0.5 level and 2nd 0.618 level.

devduttc30

its been retracing to 0.618 fib , don't go long for this trade now . As its not showing any buy signal yet .