Head & Shoulder pattern has been formed on 1 Hour timeframe. If the price violates the Neckline than we may initiate the Short position with a defined SL and TP.
Currently TRG is trading above a critical level, as marked on the chart. We may initiate a long position with risk and tp defined on the chart. Good Luck
From June 22 to Oct. 23 the pair remained in a triangle. From 16th Oct. 23 the bulls took the charge and took the price to 4k plus level (in 21 weeks). From 11th March 24 to onward the price has again been forming a Triangle. As per time cycles the price started climbing up from the 70th week. The same 70th week marks the beginning of another triangle which we...
The pair had a good bullish run on daily time frame. It us retracing trendline resistance, as expected. On 1H chart it has shown the bullish divergence on RSI and price is in between 0.38 & 0.5 Fib. level which creates a bullish bias. If price closes above the last High we may initiate a long position. Potential TPs have been marked on the chart. What is your opinion.
The pair has been trading in the range for very long time. It has breached the range on 5th attempt. Now the price may retrace to retest the ceiling it has broken. We may treat it as an opportunity to make a Long entry. Stop Loss , along with the TP1 and TP2 has been placed on the chart for ready reference.
Bulls are trying to break above the 4k price level. There three attempts have failed. It does not mean they shall never succeed. Whereas in all this effort a famous pattern of cup & handle has been formed. Once the price sustains above this level the Target Price shall be 6075. The stop loss, as of today, has been defined and TP for the pattern has been marked on...
nas has shown the reversal of retracement signs so I have initiated a long trade my tp and SL are marked on the chart
After posting the intraday high of 93.48 on 26th April 2022 the security has never been able to come out of selling pressure. On 14th October 2024 the price of 30.01 was printed as the lowest of recent times. From this point onward the Bulls have been trying to get a foothold and some early signs of there success have been noticed. For those who like to do bottom...
The security after printing higher high prices has been sideways for quite some time. The trendline was successfully violated almost a month ago. Afterwards the bulls staged a 2 day rally followed by a sharp legged recovery on 20th Dec. This shows the momentum is in favor of bulls. So when the bulls succeed in closing the price above 37.60 we shall join them. Pl...
After a marathon rally up to 465 the security made a retracement to the fib. level of 0.5 and now it has the shown the signs of reversal. Such are the good opportunity to make quick money. All the parameters of trade i.e. entry, SL and TP has been marked on the chart. You may trade accordingly. Pl do tell me your opinion as learning is both ways.
Pair has printed bullish divergence on RSI so if it closes the last Higher High HH we may initiate a Long position. Since the divergence is strong and a good momentum is being witnessed so we have identified multiple TPs. what you think about it.
On the 30m chart the bulls are taking the price up inch by inch. Recently they have posted a Higher Low HL and a Lower High LH which is conflicting in nature. But if the bulls succeed in breaking this lower high we also become their strength by joining them. pl share your thoughts how we can improve this.
After a spell of bearish move the script has shown resilience. It has broken the recent high thus showing the bulls strength so we can join the band wagon to make some profits. pl exercise the strict money management for profitable trading. what is ur opinion
After a very volatile November the month of December witnessing a sideway activity. Now this sideway is taking a shape and forming a wedge. If this wedge is breached upward we may initiate a Long trade. SL and TP has been marked on the chart for ready reference. Wishing a profitable Trade.
After recording the highest ever price, the Gold is trying to consolidate. In this process it has quite highs and lows but in all this a famous pattern, Head & Shoulder is emerging. If the neckline if broken initiate a short order with the Stop loss and TP suggested on the chart. wishing u the best of Profit.
The pair is under immense pressure from Bears. It is almost hitting the bottom rock in short term. The Divergence on RSI shows the Bulls are gaining some ground. If the price breaks the recent high we may initiate the long entry. The resistance lies at perfect at 1:1 risk to reward ratio. Strict money management is advised for Profitable trading.
Since the start of 2023 the script has been in consolidation after a long bearish spell. At the end of year it gathered some support to stage a break out but could not sustain the Bears consequently it went in to another strength gaining spell. From the last week of April we are witnessing gradual increase in volume which is also showing in the rise of Average...
On 30 min. time frame bulls have shown some resistance and has kept the price above a certain level. In this process a bullish divergence has been formed on the RSI which indicates the strength of bulls. Since the overall trend is bearish we shall wait for the price to cross previous LH and if the price sustains the current level it shall be a HL. Thus the bias...