Technical-analysis
20 reason for sell GBPUSD Update 28/08/2022
we Analysis every market in depth and 7 dimension PRICE PATTREN VOLUME MOMENTUM VILATILITY STRENGTH AND SENTIMENT
1 Structure 12 :extreme bearish
2 imbalances :\Target marked
3 Current Move 12:impulse
4 Entry TF : D1
4.1 ETF Structure: Bearish
4.2 move : Impulse
5 Support Resistance: Flag base Resistance
6 FIB: filled all retrace
7 candle Pattern: wick and momentum
8 Chart Pattern: pole and flag
9 Volume : above average of 9 (VAS)
10 Momentum: bearish below 40 (RSI UMCONVENTIONAL )
11 Volatility : walking on the band bear (Bollinger BAND)
12 strength: strong bear (ADX)
13 Sentiment : extremely weak (ROC)
14 Final conclusion: sell
15 Buy /Sell/Wait : Sell
16 Entry: 1.1.1725
17 Sl:1.1909
18 Tp:1.1441
19 Risk to reward Ratio:1:5
20 Excepted Duration : 10
GBP USD BUY (LONG) ANALYSIS After an impulsive move to the upside a 4hr order block has been formed .
I refined my order block to 1 hr. timeframe
I know the market is attracted to liquidity so most likely will come to take out the equal lows liquidity then into the order block .
Enter after confirmation on a lower timeframe
if you have found my analysis helpful please leave a comment below .
Long on USOIL/ WTIBased on the structure of price action. There's a potential H&S, if this plays out then we can expect movement to the downside on the right shoulder, if not, we can see price move further above that supply zone.
DISCLAIMER: THIS IS ONLY A POSSIBILITY not a guarantee. The point of technical analysis is to understand structure and have clarity of the charts not so much predicting the chart but equip us for better reaction.
Gold Is at buying area with very good upside possibility.Gold is trading at 1923 which its multiple time support zone , last few days back gold bounce back from these levels, so this is very good opportunity in gold for going long for very good returns.
The target of gold may be around 1850 to 1860 in few days. The technical analysis is showing gold trading at very discounted price and coming big events like fed rate change and other global instability will also work as fuel for gold price.
Dollar is trading near all time high which is not going to stay there for long time so this will definitely help gold to rise upto the new high in coming weeks.
The global sentiment are still not good and stable so people are going for more safer investment types of assets and gold is number 1 in this area,
SO have a look on gold ...
ICICIBANK technical analysisNSE:ICICIBANK
In ICICIBANK
I used auto harmonic pattern to predict the market if u also want to use this then follow the steps:
1) open "indicator" and search "auto harmonic pattern" and click on it.
2) open "settings" and go to "style" and remove "table".
3) this indicator will automatically generate targets.
And if u want to understand more then follow us and observe how we give targets and find levels:-
👇👇👇👇👇👇👇👇👇
If it breaks downward level (* 715* ) as you can see in the chart above, then our :-
Targets :-- * 685 * ,* 625 *.
Make sure that market may retrace after achieve target.
For more such information stay connected with us.🤘🤘🤘
SKP RESOURCE BHD OUTLOOK 09/06/2022SKP RESOURCE BHD:-
This Counter having a continue Uptrend from From last 3 days and is expected to do the same ahead.
the started the uptrend right from 1.565 and is now at 1.700 and is expected to move up to 1.750 and if i t break the 1.760 mark then a price of 1.850 can be expected.
Support:- 1.535,1.485
Relative Strength Index (RSI):- 76.35
EURAUD BUYWe can see a third touch of the 4h and daily up trendline. if it respect this area with a touch into the demand zone - we should technically see price go long to atleast previous equal highs.
If you agree and want to see more technical analysis - please follow this page.
And have a great trading day week and month!