DJ is expected to be bullish today and test the order block on D1 at 50%Fib level. The expected move is demonstrated in the chart. The last D1 candle was a bullish engulfing candle which finished the two day consolidation and now the price is expected to target an order block on D1 which is expected to be a strong one as it is coming off from a previous order...
Gold has shown a strong bearish move after been rejected from supply zone and now it is retesting its supply zone around 1901 area from where it is expected to go bearish again and test 1885 and 1880 area.
I posted yesterday about a possible bearish trend shift is taking place in NIFTY as it was testing its weekly and and daily resistance ( LINK MENTIONED) . Now as we can see it has made a liquidity grab above the resistance and started its bearish move . Those who were in sells yesterday were in profits as of now. Those who want to enter in shorts can also join...
NIFTY 50 made a bearish reversal yesterday from 18790 area after taking liquidity grab from daily and weekly resistance of 18780. I have been predicting this trend reversal from last two days and yesterday we successfully hit our first profit target around 18721 which we documented (link below). This idea is a continuation of our previous predictions and we are...
NIFTY 50 is currently trading around 18727 and has reached at major Daily and Weekly resistance area and current price action doesn't show any signs that it break break the resistance so my idea is it will be bearish during this week. Below is the possible sell opportunity Sell around 18727 STOP LOSS: 18803 TAKE PROFIT 1: 18559 TAKE PROFIT 2: ...
This Gold idea is an update to the previous idea provided yesterday Link added. We already banked 70 pips on our sell trade and 70 pips in unrealized profits on buy order. Those who miss the first opportunity can join the tide on below suggested levels. 1 - On 15 min TF if price break through trend line then buy on retest around 2003.00 area , TP 1 : 2023 , TP...
GBPJPY has a bearish close on Weekly chart but if you analyse Daily Charts it has 3 indecision candles on supply area which signals a possible reversal. My Trade idea is as follows Sell around 166.60 area , TP 1: 165.40 ,TP 2: 163.40 , SL: 167.40 320 PIPS OPPORTUNITY , USE PROPER MONEY MANAGEMENT This idea is for educational purpose only.
Gold has a strong sell last Friday and close with a bearish engulfing candle signalling a strong sell for coming week. Also on H4 the last candle closes with a long wick almost 30% of the entire candle which signals a pull back before a bearish move. In my view Gold is expected to test the 2033.00 area again before moving any lower . There are two trade ideas...
Gold is expected to go long from 1794.50 area till 1810.00 which is weekly resistance from that area a huge sell is expected after a short consolidation, a fake out is also expected at this area. There are two trading opportnitis here Buy Opportunity: Buy around 1794.50 TP1 : 1805.00 TP2 : 1810.00 SL : 1788.00 Sell Opportunity: Sell Aound 1810.00 TP :...
In my last idea about Gold I predicted that the pair will test the supply area which is already done . Now from this area Gold is expected to take a deep fall and go bearish to test areas of 1625.00 Sell around 1672.00 Take Profit: 1626 Stop Loss: 1676
USDJPY is expected to test supply area around 145.20 and then continue Bearish move to target 141.50 area Sell around 145.20 Take Profit: 141.50 Stop Loss: 146.20 350 Pips in target
USDCHF is expected to test Supply area of around 0.9925 and then continue its bearish move to test area of 0.9700. Sell around: 0.9925 Take Profit: 0.9700 Stop Loss: 0.9985 230 pips in Target.
EURUSD to continue Bullish move after a short retracement. At market open pair may take a retracement and test area of 0.9765 and then go Bullish to test area of 1.0120. Buy around 0.9765 Take Profit: 1.0120 Stop Loss: 0.9720
GBPJPY is expected to go bearish after market open and test area of 160.10 and then continue its bullish move. Buy around 160.10 Take Profit: 163.30 Stop Loss: 159.10
GBPUSD is expected to go bearish after market open and test area of 1.10791 and then expected to go bullish to test area of 1.13067 Buy around: 1.10791 Take Profit: 1.10367 Stop Loss: 1.1010
XAUUSD is expected to go bearish at market open and make a fakeout around 1659 area and then reverse to form a bullish move and test 1670.00 area. Buy around 1659.00 , Takeprofit: 1670 , Stop loss: 1655
Price is expected to take a small retracement to around 0.9705 area and then expected to go up to 0.9810 area. Buy @ around 0.9705 , TP: 0.9810 , SL : 0.9670
Gold has been unable to break its trendline resistance and made a lower high which shows less interest of traders in buying the pair, it is also testing its support third time around 1712.00 which makes it less likely it will hold combined with a lower high in play. If H1 break and close below 1710.00 area then we will sell the pair with a take profit to the...