Crude Oil is fighting for its survivalCrude has completed Head and Shoulder formation and any break from the neckline will create a panic sell off in this commodity.
Murtazarashid910
Crude Oil Long Trade Plan (Longterm basis)Buy should be executed upon breakout from the bullish flag pattern with two possible flag poles price projection
SHIBUSDT Long Trade PlanSHIBUSDT has given breakout from the bearish channel few days back and moving slowly upward with an intact trend line support. Buy on the retest of this trend line for price projection of bearish channel breakout.
LINKUSDT Long Trade PlanLINKUSDT (Daily): Almost an year of consolidation after a bear run indicates towards a breakout and subsequent bull run in it. Watchout
Long on Crude Oil for some retracement gainsCrude oil has given breakout from the inverse H&S pattern and likely to complete due price projection
Gold Hourly Trade Plan (Bears Spotted)Short sell gold at the confirmed rejection of upper dashed yellow line. On 1 hour chart, gold has formed a double top pattern and breaks the neckline as well.
Gold Monthly Biason monthly chart gold has formed a bullish flag pattern which gives two possible price projections mentioned at A & B. However in worst case or breakdown from this flag channel will create a price projection mentioned as C & D.
USDPKR (Analysis.2)Price action has given breakout from the bullish pennat pattern and it is likely that price will complete its price projection. Fib levels also indicating importance of pennat price projection as projected price is lying on the fib 2.0 level
USDPKR Bearish Divergence (Analysis.1)Whenever bearish divergence appears on the monthly chart of USDPKR, it took a 5-6% correction in first instance and if the divergence appeared again successively the instrument took a correction of 9-10%. Currently one bearish divergence was appeared and price action got corrected. Lets wait for another Bearish divergence to witness a good fall in USDPKR.
Long term analysis of GOLD A bullish flag pattern is formed on gold on a monthly chart corresponding towards a series of all times high in coming years, hinting towards a possible meltdown of all other risk on assets. However a very strong resistance zone of 2050-2076 lies ahead.
Let it touch 2000 (GOLD)Gold is running into a long term bullish move and getting higher and higher with corrections. Tp is near 2000 completing an inverse Head and Shoulder pattern. Buy around 1870-1880 should be consider for 2000 tp.
Sell GBPUSDBearish flag has been formed and likely to give a breakout, sell entry can be taken upon breakout
Long Trade Plan for GBPJPYGBPJPY has successfully formed a bullish flag and gave a breakout from the pattern. Buying bets can be undertaken upon retest of the breakout.
Sell Plan for GBPJPYInverted cup and handle formation is evident and a short entry can be taken on the break of the handle.
Bears surrounded the DXYAfter given breakout from the parallel bearish channel, DXY has found it self in heavy waters as it struggles to close above MA50 and subsequent horizontal resistance line. It is likely that DXY will retest lower support lines as hidden bearish divergence is also evident.
Gold (XAUUSD) AnalysisShort Trade Plan for gold. Gold likely to retest its MA-20 levels for further upside move.
Long Trade Plan for GOLD (XAUUSD)Long Trade Plan for GOLD (XAUUSD). Trading in bullish parallel channel. Given respect to trend line support with bullish hammer candle.
Short BTCUSD on breakdown from rectangular patternShort BTCUSD on breakdown from rectangular pattern. As BTC is failed to mark new HH it is likely to retest lower support levels for further bullish move. Short on breakdown only.
Long on XTIUSD (Crude Oil)Long on XTIUSD (Crude Oil) on the basis of bullish parallel channel. Weekly resistance lies at 85 level and it is likely that crude will test this resistance area.
