Trade Plan Buy EP: 11860 TP1: 12071 TP2: 12222 TP3: 12388 SL: 11523 Reason: Possible Making HL on 4H TF.
Bearish Signs: 1: Trying to create Downtrend 2: Red Candles on 4h and 1D Bullish Signs: 1. Fib 0.5 Level Respected 2. Trend Continuation 3. HL is formed, now Ready for HH 4. ABCD Pattern is in Play 5. Bounced From the Previous Resistance zone Trade Plan Buy EP: 1832.33 TP1: 1850.59 TP2: 1860.74 TP3: 1875.61 SL: 1813.40
Bearish Signs: 1: Bearish Engulfer 2: Trying to Play LL's Bullish Signs: 1: Bull Flag 2: Fib 0.5 Level respected 3: Uptrend HH's and HL's 4: Bullish Divergence 1H 5: Previous Resistance now Support Trade Plan Buy EP: 0.63249 TP1: 0.63529 TP2: 0.63819 TP3: 0.64154 SL: 0.62629
Bearish Signs: 1. Heavy Resistance Zone 2. Bearish Divergence on Daily TF 3. Fib 1 Level Achieved 4. Bearish Candles + Engulfer Bullish Signs: 1. Green Candles on Daily TF Trade Plan Short EP: 1855 TP1: 1844 TP2: 1834 TP3: 1824 SL: 1868
Bearish Signs: 1: H&S in making 2: Not holding 0.5 Fib Level 3: Daily bearish Engulfer Bullish Signs: Not found any Trade Plan Short EP: 10904 TP1: 10663 TP2: 10563 TP3: 10460 SL: 11125
Trade Plan Bias: Bullish Reason: Fib Level 1 Reached + Bullish AB=CD completed EP: 11589 TP1: 11705 TP2: 11811 TP3: 11950 SL: 11380
Plan Sell/Bearish Reasons: 1. HH's are completed 2. Bearish Candles 3. Heavy Resistance area 4. Fib 0.236 level not holding 5. Bearish AB=CD Complete 6. Heavy Bearish Div is making Trade Plan: TP1: 1795 TP2: 1788 TP3: 1778 SL: 1848
Bias: Bearish Reason: Descending Channel 1H + also making Bearish Flag Target: 104.400
Bias: Bullish Reason: 100% retracement done + Strong Support Zone + DXY weak + Retesting Daily Support + Bullish Div EP: CMP TP1: 11700 TP2: 11900 TP3: 12050 SL: 11350
Bias: Bearish Reason: ABCD + Seasonal December + LL's & LH's are in play. Target: 103.775
Bias: Bullish Reasons: 1. Seasonal December bullish 2. Bull Flag 3. ABCD Pattern 4. Fib Retracement Done 38% 5. Still HH's & HL's in Play 6. Bullish Div EP: 1.21289 TP1: 1.23256 TP2: 1.24521 TP3: 1.25786 SL: 1.20507
Bias: Bearish Reason: Bearish Engulfer + Head & Shoulder EP: 0.63664 Tp: 0.63217 SL: 0.644688
Bias: Bearish Reason: LL's, LH's Structure + Double Top on Daily TF EP: CMP TP: 11416 SL: 11781
Bias: Bullish Reason: Bullish Flag + Trend Continuation EP: CMP TP: 0.85349 SL: 0.82966
Bias: Bearish Reason: Bearish Flag + also bearish on Daily TF. EP: CMP TP: 1.02986 SL: 1.05033
GBPUSD Short Plan: Entry: CMP TP: 1.11790 SL: 1.12796 Reason: Gap + Formed LH now it needs to form LL as per the trend.
Short-Term Bullish or Scalp Trade: After LL, it needs to make LH where we take profit and wait for a reversal. Entry: CMP TP: 1.12428 SL: 1.11375 P.S: it is a week opening trade.
Trend Bullish The reason, RSI Oversold, bounce back from 1985 Support. Need to claim 1.133 for more upward movement. Short-term bullish.