Trade plan is buy once it makes lower high or else buy around 93-98 area if it takes support there. targets are 150 and 200 Bullish Idications: Marubuzu candle Divergence of RSI Last Downdtrend Reversed from 221 Trading Days (current cycle completed 217 Days) Took support at 0.78% of Fib Level Support level at 112-115 respected. Bearish Indications: Making...
Bullish Making Higher Highs 3 White soldiers on Daily Time Frame Support taken at 50% Fib of Current Rally Bullish Flag is formed on daily chart In Last 15 years 8 times Janaury was bearish
BBFL is at good level to buy for 73.5 targets unusual volumes started hitting.
Bullish Indication Falling Wedge is formed (BO Target is 26-27) January was bullish 14 times out of 18 years Divergence on Daily time Frame Bearish Indication Making Lower Lows (Down trend) Spining Top Candle Strong Support at 18-19 Facing resistance at 22-23
NVDA Seems Bearish Major Support Zone 116-120 Bullish Support taken at 50% Fib of Current Rally Bullish Flag is formed on daily chart (Flag breakout Target is 215) Divergence on Weekly Chart is diluted. Bearish Making Lower Lows Spining top at possible lower High Resistance from Channel Top Major Support at 116-120 Area In Last 15 years 8 times Janaury was bearish
SMCPL is in long term upward channel 17-18 is strong support zone.
Netsol Made Double Top, Bearish Divergence on RSI Price may go down to the levels of 121 & 111 which are 38% & 50% of fib levels.
Gold overall in Bullish Trend but short term retracement is in play analysis in done on following points. Bearish Indications: 1) Big Red Candle 2) Retraced from Resistance Level at 2060-2073 3) Triple Top formed 4) Fib 23% & 38% Targets are 1962 & 1896 5) Divergence on RSI & MACD Bullish Indications: 1) Making Higher Highs 2) AB=CD Pattern Targeting 2150
Possible Targets are 13630 & 13940 Next Resistance is near 13600
Bullish Morning Star forming on Daily Double Botton Divergence on RSI & MACD Fib 23% of current fall is at 0.61540 Bearish Making Lower Lows
The Scrip is at Major Resistance level formed Spinning top Candle on daily Divergence on RSi & Macd Fib Support At 1.6107 & 1.5887 Possible Compleltion of AB=CD Pattern Wait for an other Red Candle on Daily or 4H to go short Only Bulish Indication is Making Higher Highs (Dow Theory)
Bullish Higher Highs AB=CD Patern Forming showing target 2150 Major Support at 1990 Trend line Support around 1985-1990 Bearish Evening Star formed on Daily Chart Divergence on Daily & 4H RSI & MACD Histograms Fib level 23% at 1934 & 1979 on full rally and current rally 5 times april was Bearish in last 10 years
NZDUSD BREAKOUT OF TREND LINE RESISTANCE we may see a upward move.
NZDUSD At Resistance Zone short on break of trendline Divergence on RSI & MACD.
AUDCAD Reaching to a Resistance Zone Divergence on RSI, MACD Important zone to watch and trade.
divergence and resistance on AUDJPY Seems a good setup for short.
Bullish Indications: 1)Morning Star on Daily TF 2) Major Horizontal Support at 1616-1620 3) Fib Level 50.% at 1618 tested 4) Double Bottom made at 1618 5)Divergence on RSI & MACD on Daily TF
Gold breakdown of symmetrical triangle, expected targets are 1627 & 1615