Market Analysis 27/01/2021

Sell

1.D1 uptrend strength reduced by strong resistance area.

2.D1 and H4 both chart market is overbought and retraced from strong resistance level.

3.On H4 chart trend line acted as resistance level.

4.On D1 chart price rejection recently by three candle to go up.

BUY AUDNZD

1.Market trend on D1 is sharply up.Now trying to retraced from 50% fibo level.

2.This fibo is also the support line on d1 chart.

3.On D1 chart trend support is nearly the horizontal support.

4.On H4 chart downtrend channel breakout for to go up.

5.On H4 chart price rejection from the lower part of the border line Indicator acted as strong support.

Market Analysis 26/01/2021

On H4 chart it should to go down:

Because

1.D1 market trend till now is down for long time.

2.From H4 it is near the horizontal resistance.

3.EMA 200 acted as a dynamic resistance.

4.50% fibo act as strong resistance.

5.It is the upper part of the downtrend channel.

6.Stochestic and RSI shown over bought on H4 chart.

7.When you think for trend line it also acted as resistance.

It is buy scenario on D1 chart

1.trendline breakout.

2.oversold market.

3.previous trend line till now act as support.

Yesterday candle close as abandoned baby bullish.

When you investor for long term goal it is time make buy entry here.

After exit the 1.2820

Market Analysis 22/01/2021

Market Analysis 21/01/2021

Market Analysis(18/01/2021)

Market Analysis 15/01/2021

Market Analysis 14/01/2021

Market Analysis 13/01/2021

Market Analysis 12/01/2021

Market Analysis 11/01/2021

Market Analysis 08/01/2021

Market Analysis 07/01/2021

Market Analysis 05/01/2021

Market Analysis 04/01/2021

Recent Posts

Archives