Spotted a Short opportunity on GBP/JPY as the pair forms a Lower High (LH) and Lower Low (LL) pattern. RSI indicates resistance, confirming the bearish momentum. Entry Point: 189.96 Target Price: 187.00 Stop Loss: 192.39 Risk/Reward Ratio: 0.15 Account Size: $10,000 This setup capitalizes on a weakening trend after price rejection at resistance, with a tight risk...
Looks bullish: setting a buy stop at 145.663 to enter the market once the price confirms the bullish momentum. The stop loss is placed at 143.947 to manage risk, while the take profit target is set at 149.2374 to capitalize on anticipated gains. Trade Plan: Buy Stop: 145.663 Stop Loss: 143.947 Take Profit (TP): 149.2374 Account Size: $10,000 Risk-Reward Ratio...
The AB=CD pattern suggests that FFBL is poised for a bullish reversal upon reaching the PRZ at 43.74. Traders should monitor this zone closely for confirmation of the pattern and potential upward movement. Trade plan Entry Point: 37.64 Stop Loss: 28.32 Potential Reversal Zone (PRZ): 43.74
Identified a classic continuation bullish pattern, the cup and handle, on the GBP/USD pair in the 1-hour time frame. This pattern suggests a potential upward move, providing a favourable risk-reward opportunity for traders. Trade Setup: Entry Point: Initiate a long position at 1.28466, the breakout level of the handle. Stop Loss: Place a stop loss at 1.28013...
An AB=CD pattern has been identified on the EURUSD chart, signaling a potential bullish movement. Entry is advised near point B at 1.08845, with a stop loss positioned below point C at 1.0818 for risk management. The take profit target is set at 1.095. Lot size is 0.08, with a risk-reward ratio of 0.5. This setup presents a conservative approach to trading,...
The EURUSD pair has formed a bullish AB=CD pattern, indicating a potential upward movement. Entry is suggested near point B at 1.08845, with a stop loss placed below point C at 1.0818 to manage risk. The take profit target is set at 1.095. Lot size is 0.3, maintaining a risk-reward ratio of 1:1. This setup suggests a favorable opportunity for a bullish trade...
MEBL has been in a strong uptrend since June 22, 2023, when it was priced at Rs. 81.84. This bullish trend has continued, and as of February 2024, the stock has begun to form an AB=CD pattern, which is currently incomplete. Based on technical analysis, the completion of this pattern is projected around Rs. 273. Trade Recommendation: Action: Instant Buy Stop...
On the EUR/USD chart, a compelling bullish opportunity has emerged with the identification of an AB=CD pattern accompanied by bullish divergence, suggesting potential upward momentum. Here are the key details: Entry: 1.07 Stop Loss: 1.05 Take Profit: 1.08 Capitalizing on potential upward momentum with controlled risk.
GoldUSD spot pair displays a bearish flag pattern, indicating a potential downtrend continuation. Here's a simplified trade setup: Entry: 2281.33 Stop Loss: 2304.67 Target: 2254.39 Consider short positions near 2281.33, with a stop loss at 2304.67 for risk management. Aim for a target of 2254.39. Trade wisely.
AUDUSD presents a bullish flag pattern, signalling a potential uptrend continuation. Here's a straightforward trade setup: Entry: 0.6648 Stop Loss: 0.6564 Target: 0.67105 Long positions could be considered near 0.6648, with a stop loss at 0.6564 to manage risk. Target profit lies at 0.67105. Exercise caution and trade responsibly.
A compelling technical setup has emerged on the GBPUSD chart, signaling a potential long opportunity. The pattern observed is an Inverse Head and Shoulders, a classic reversal pattern indicating a shift from a downtrend to an uptrend. Here are the key details of the trade: Entry Price: 1.245 Stop Loss: 1.229 Target Price: 1.259 The formation of the Inverse Head...
Plan A (Sell Stop): Sell Stop: 3202 Stop Loss: 3240.3 Take Profit: 3167 (with risk-reward ratio of 1%) Lot Size: 2.61 Balance: USD 10,000 Plan B (Buy Stop): Buy Stop: 3622 Stop Loss: 3555 Take Profit: 3689 (with risk-reward ratio of 1%) Lot Size: 1.49 Balance: USD 10,000 In this ETHUSD trade plan, we identify potential support and resistance levels for strategic...
Plan A: Sell Stop: 64737.6 Stop Loss: 65699.6 Take Profit: 64267.8 Plan B: Buy Stop: 67064.3 Stop Loss: 66042.3 Take Profit: 68182.9 In this BTCUSD trade plan, we identify potential support and resistance levels for strategic entry and exit points. Plan A suggests placing a sell stop order at 64737.6, anticipating a potential resistance level. A stop loss is...
This analysis focuses on the XAUUSD (Gold/US Dollar) chart, utilizing Fibonacci retracement levels alongside RSI (Relative Strength Index) analysis to devise a strategic trade plan. Trade Plan: Entry Price/Buy Limit: 2310.32 Stop Loss: 2267.70 Lot Size: 2.35 Take Profit Targets (TP): TP1: 2352.94 with Risk-Reward Ratio (RR) 1% TP2: 2395.56 with RR 2% Bullish...
This analysis utilizes Fibonacci retracement levels on the EURUSD currency pair to formulate a strategic trade plan. Trade Plan: Entry Point/Buy Stop: 1.08245 Stop Loss: 1.077 Lot Size: 0.18 Take Profit Targets (TP): TP1: 1.0879 with Risk-Reward Ratio (RR) 1% TP2: 1.0933 with RR 2%
Upon reviewing the line chart of the EURUSD pair, we observe a potential bullish trend developing, characterized by higher highs and higher lows. This suggests a likelihood of upward momentum in the price. Trade Plan: Entry Point/Buy Stop: 1.0809 Stop Loss: 1.079 Lot Size: 0.53 Take Profit Targets (TP): TP1: 1.0828 with Risk-Reward Ratio (RR) 1% TP2: 1.0847...
This analysis combines RSI (Relative Strength Index) analysis with Fibonacci retracement levels on the MEBL line chart to formulate a comprehensive trade plan. Trade Plan: Entry Price/Buy Limit: 209.02 Stop Loss: 194.40 Lot Size: 68 Take Profit Targets (TP): TP1: 223.64 with Risk-Reward Ratio (RR) 1% TP2: 238.26 with RR 2% RSI indicates that there is no...
This analysis employs Fibonacci retracement levels on the MEBL line chart to formulate a trading plan. Trade Plan: Entry Price/Buy Limit: 209.02 Stop Loss: 194.40 Lot Size: 68 Take Profit Targets (TP): TP1: 223.64 with Risk-Reward Ratio (RR) 1% TP2: 238.26 with RR 2%