A good opportunity for a long trade! The pair is honoring the Fib 0.38 retracement and can offer a significant break up if it closes above the last HH.
AUDJPY offering a bullish trade based on the bullish flag formation on 1H time frame.
XAUUSD is offering a good shorting opportunity on the 1H time frame due to a bearish divergence.
A bullish trade can be confirmed for AUDUSD based on the Fib retracement as well as a beautiful bullish flag forming.
Viewing the scrip initially doesn't give us a clear trend. However with the clear formation of HH and HL in the previous candles we can move forward with the 0.38 fib retracement with a nice opportunity for an upside break and a TP of 135 on the 1D time frame.
The stock looks like in a sideways triangle pattern. In case we see a few volume spikes on the daily basis, we can hope for an upward break towards our TP1 of rs. 29.04. Sustaining above that could give us a weekly break out and TP2 of rs. 30.79.
XAUUSD is currently in a downward trend on the 1H time frame, however RSI confirms a bullish divergence.Since XAU is moving in a channel we will wait for the channel to break and our bias due to the divergence is now bullish. As soon as that happens, the bulls will take control and we suggest an entry at $2340 with the first TP of $2372 and a strict SL of $2308.
0.38 Fib retracement can be a point of an upside break and can help in making some good money.
The pair is offering a good entry and exit on the H1 time frame based on the Fib retracement.
HCAR offering a nice multi-trade option on the AB-CD reversal pattern.
An excellent trading opportunity, for this pair on the 4H time frame as 2 opportunities are presented according to my analysis.
A good idea to enjoy a short sell and reversal at the same time trade formation.
A good possible long trade expected in FFBL due to the bullish flag forming.
A good short trade looks good on this paid due to the formation of a bearish flag forming on 4H time frame.
A good time to short sell MSFT as I see a bearish flag continuation pattern forming on the 4H time frame.
An excellent opportunity to make a quick buck in this scrip.
A cup and handle pattern is forming on the 1H time frame which gives us a good opportunity for a nice trade.
Excellent opportunity to short this pair on the 4H time frame since a double top is forming along with a bearish divergence as suggested by the RSI indicator.