cadjpy after breaking the structure it seems that its heading towards the downside it may test the below level as in picture.it just broke the hh and hl formation so now on 1 hr time frame after making the lh it may create the new ll.i hope this clear analysis may help you understand the market structure. before taking any trades pls do your own analysis...
after staying around the support level it has given DOUBLE BOTTOM and started to go upside.but it is taking resistance from the trend line. so if it is breaking the trend line we should wait for retest and then on confirmation with a smaller stop loss we can go long. again this is just for an educational purpose this is not sure shot forecast so please do your...
bajaj auto in daily time frame after a long term down trend it has created a vedge pattern which is supposed to be broken in downside but here however if it has potential to go higher then it may give some short of conformation on the support level like i have shown in picture it might or might not create a double bootom or give us a some short of doji or...
tatamotor has a good range and with that range it is now trading in parallel channel.what you can see in this daily channel ?????this analysis is just for educational purpose this is not sure shot information.do your own analysis before taking trade.hope this will help you understand the market potential.thank you:).
it seems that bank nifty closed today with head and shoulder pattern which is trend reversal pattern which works more than it fails, i spotted head and shoulder pattern with the confluence of trend line breakout and retest tomorrow if market opens gap up it has higher chances to stay bullish or else it might give some short of consolidation before continuing the...