Gbpcad technical analysis 20 july 2024

GBPCAD TECHNICAL ANALYSIS 20 JULY 2024



Pichle haftay main, keemat ka movement Uptrend ki taraf ja raha tha jaise ke mahine ke shuru mein situation thi. Aglay haftay, candlestick ab bhi upar jaana chahta hai, jo ke meri raay mein kal ke bullish trend ko jaari rakhne ki situation mein hai. Agar chhote time frame, jaise ke 4 ghante, ke zariye dekha jaye, toh keemat mein aik halki correction neeche ki taraf horahi hai market band hone se pehle. Oopar diye gaye graph se lagta hai ke is haftay GbpCad pair Uptrend ke saath chal raha hai. Moving Average indicator 100 ke period ke saath, Uptrend direction ko confirm karta hai kyunke keemat ka position ab is ke upar ruka hua hai.
Halaanki kharidne wale keemat ko buland karne ki koshish kar rahe hain, lekin baichne waale keemat ko dabane mein kami aarahi hai jis se market mein corrections hoti hain. Agar 4 ghante ke time frame se dekha jaye, to candlestick ne simple moving average zone ke 100 period se upar chadha hai kyunke market mahine ke andar kharidne wale ke control mein hai. Aglay haftay market ki situation mein izafa ka mauqa ho sakta hai, aage ka area bhi agla manzil ho sakta hai. Pichle haftay ke ant mein, kharidne wale ki taraf se ek izafa ka koshish thi, lekin uncha nahi utha saka jis se neeche ka bounce hua jiska continuation consolidation period ke saath hua.

Yeh soch kar ke market ki situation bullish keemaat safar par nazar aati hai, kuch haftay pehle ke market ki situation ke jaise, to agle trading muddat ke liye ab bhi keemat ko upar jaane ka mauqa hai. Stochastic indicator ke signal ke appearance se lagta hai ke woh level 80 ki taraf chadhai kar raha hai jo ek bullish signal hai. Agar monthly time frame se dekha jaaye toh bullish bias ki nazar se, mujhe lagta hai ke Uptrend ka safar kareeb 1.7766 keemaat zone ko test karna chahega. Keemat mein correction ka mauqa shayad agle hafte ke shuru mein ho sakta hai.

TRADING CHART ON GBP/CAD H-4.



GBP/CAD H4 British Pound - Canadian Dollar. Instrument/currency pair ki tafseeli tajziya aur tashkeel Heikin Ashi candlesticks aur TMA aur RSI indicators ka istemal karke dikhate hain ke is waqt, ek trading plan banane ka mauqa mojood hai seedha farokht ke liye. Heikin Ashi candlesticks, jo keemat ko mazeed barabar aur khema karne ka amli tareeqa samne laate hain muqablay mein traditional Japanese candlesticks, ek waqt par reversal points, corrective rollbacks aur impulse price breakthroughs ko dekhne ki salahiyat dete hain, jo ke trader analysis ko asaan banata hai. Linear channel indicator TMA (Triangular Moving Average), jo tarteeb harkat ke haddi (Mashki) se muaqif support aur resistance lines ko chart par nashar karta hai, bhi trading mein aik shandar madadgar hai, darte hue asset ki movement boundaries ko mojooda moaqe ke mutabiq dikhata hai. Aur, RSI oscillator indicator aik deal par aik aakhri faisla karne ke liye istemal hota hai, jo exchange ki jane wali cheez ke oversold aur overbought zones ko dikhata hai. Aise trading instruments ka intekhab technical analysis ke doran process ko asaan banata hai aur market mein ghalat dakhilon se bachne me madad karta hai. Pehle, diya gaya chart of the pair in question par, is muddat mein aik situation paida hui hai jab Heikin Ashi candles laal rang mein hain, jo dikhata hai ke bear ekdum zyada taqatwar hain aur price ko southern direction mein le ja rahe hain, is liye yahan behtareen prices par chhote positions khulne ka acha mauqa hai. Price quotes ne linear channel ka upper border (blue dotted line) guzarna tha, lekin, maximum eham point par pohnch kar, unhone usay hataya aur central line of the channel ka rukh uthaya (yellow dotted line). Nechy wala indicator RSI (14) bhi farokht signal ko tasdeeq karta hai, kyunki yeh short position chunne ke liye shoraka sharton ke khilaf nahi hai - iski curve neeche ki taraf mudabbar hai aur oversold level se kaafi door hai. Sab cheezon ko jorna, hum ye keh sakte hain ke asset ke prevalent neeche ki movement ka matlab acha mauqa hai farokht ko khatam karne ka, aur is liye hum jald deal kholne ka faisla kar sakte hain. Take profit lower border of the channel (red dotted line) mein hosakta hai, 1.76114 price mark par. Market ko hasil kiya gaya profit minus mein le janay se rokne ke liye, main sifarish karta hoon ke aap trailing stop order ka istemal karein jab position munafa day rahi ho aur koshish karein ke aur zyada profit hasil karein.