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BluetonaFX - GBPAUD Triangle Break SHORT IdeaHi Traders! There is a triangle formation on GBPAUD, and we have possibility of a breakout to the downside. Price Action 📊 The market has had lower highs and lower lows since breaking below the 20 EMA, creating a symmetrical triangle pattern on the chart. We are looking for further bearish momentum to break and close the trendline support line. Fundamental Analysis 📰 The market's outlook on GBP is currently negative due to weak economic data recently released. The outlook on the GBP looks very negative at the moment, and the demand for the currency is very low.   Support 📉 1.90556: WEEKLY LOW Resistance 📈 1.92405: PREVIOUS DAY'S HIGH Risk ⚠️ No more than 2% of your capital. Reward 💰 At least 4% of your capital. Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Short
by BluetonaFX
3
bearish market but breakout chartSundaram Finance Ltd. SUNDARMFIN NSE Chart analysis each week 1) Lifetime chart treading in a gloomy market 2) bullish candle and decent stock value 3) stock down from this level in July 2021 4) stock broke down this level the previous week but was not sustained at level 5) stock is now sustained with value and a bullish candle. 6) With a stop loss of 2580, the next target is 4000. 7) SMA 50 is 2600 8) SMA 100 is 2424 9) SMA 200 is 2065 10) There is no buy-and-sell advice.
NSE:SUNDARMFINLong
by investigationofchart
BluetonaFX - NZDCAD Trendline Break SHORT IdeaHi Traders! NZDCAD is on the trendline support, and there is an opportunity for short entries leading to a possible support break. Price Action 📊 Market swings filled with lower highs and lower lows consistently for the past eight weeks. The market has also failed to close above the 20 EMA for the past three weeks, showing a current lack of bulls in the market. We are looking for a momentum break and a close below the support trendline. Fundamental Analysis 📰 New Zealand recently announced worse PMI figures, leading to fears of a worse-than-expected GDP figure tomorrow. Support 📉 0.79725: SUPPORT TRENDLINE Resistance 📈 0.80261: 20 EMA 0.80851: RESISTANCE TRENDLINE Risk ⚠️ No more than 2% of your capital. Reward 💰 At least 4% of your capital Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Short
by BluetonaFX
1
saucer pattern formation • weak chart analysis • my first saucer pattern discussion • stock GIPCL chart pattern formation like saucer • stock October 2017 to September 2013 time taken to form saucer pattern • Long-term consolidation means high potential for a big move • chart consolidate between 68 and 94 multiple times • The 128–130 level also serves as major resistance for the stock because in 2010 and 2011, the stock multiple times hit this level and returned, making it impossible to break out • 130-level breakout and sustained from 2 sessions (weak) • volume in stock is good • volume indicating accumulation at lower level of the stock • accounting fib retracement: 0.786 level 123, 0.618 level 106, next level stock 200+ • sentimental resistance for the stock: 150 • above 150 level stock touch 200 and keep stop loss 128-130 strick Stop lost
NSE:GIPCLLong
by investigationofchart