By looking at the daily chart shows a lot more clear vision of the next moment for investors' activities. The price is trading between value high to control price 1. I am thinking here profit booking and price can stay in condition if fall is not started but hard to move upside from here.
If the price starts to fall then the next target will be at previous...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=122.4.
But the short term forecast is range bound, so we expect to reach the following targets:
Set the stoploss of these orders at breakout of S2=122.2.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of...
Bitcoin is now aiming at $9099 or MA200 on the daily timeframe, we looked at this indicator multiple times in the past as our main target for this current bullish move...
The question is this, will Bitcoin go higher and hit $10,350, last high, or start falling after hitting MA200?
Right now we are starting to see volume come in for BTCUSD, which is very...
. There is a possibility of temporary retracement to suggested support line (0.2188). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. XRPUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
As discussed Bank Nifty opened below support and just waited for us to short it as soon as it hits support zone of 31710. It went around 31760 and went down below 31710 where shorts got triggered. I updated real time in my social media platforms , hope everyone made good money. Equivalent puts of 31500 went from 140 odd to close around 190 which was ok...
The overall index has been under performing since last two weeks. Mid Caps and small caps are outperforming the BankNifty. The RSI is into bullish range, so there is still no sign of weakness, this may just be a consolidation phase. The prices have taken support at an important pivot level, the candle formed is an indecisive one, we may expect bounce in the index...
TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
R:R is 8 to 12 times.
Selling only between 12340-12360 as suggested yesterday with strict stops above 12375. Traders can be cautious & avoid sell if it is moving above 12350 as early warning! - I mean don't take sell if moves above 12350- fulcrum level.
Video Idea on Indusind...
We are using Demand and Supply Analysis. We selected the level because the trend was up and the prices were at the lower BB at the time of entry. We missed an entry by 20 paise but the level played out well.
This indicator looks for cracks (de-correlation of 2 indicators), what you have to do is simple, first look at the trend in a higher frame, there are many indicators for this, then look for cracks as wide as possible (you can configure the size in the configuration) and that they are not close to important supports / resistances. This indicator can be very useful...
This is an optimized version of a popular RSI Divergence Detector with a bar color scheme based on the RSI's direction
RSI Divergence is a potent tool in identifying shifts in market momentum or trend reversals. A RSI momentum divergence occurs when there's a disagreement between the direction of the price and the RSI . For example, in an uptrend, a divergence...
IchiEMAX has been backtested giving some great results, using Ichimoku and a mix of EMA'S/SMA .
I use this for both Cryptocurrency and Forex Trading.
Ema/SmaX system i have studied and have found it is giving me the results i want very similar to all the wave trend indicators being used currently. I have now adde buy/sell signals on crosses and williams fractal.
The chart speaks for itself.
CMP - 12250.
Reversal around - 12400/12350.
Target - Minimum 1000 points (Not immediately but definitely)
- Nothing good fundamentally
- Global slowdown
- Too many overvalued companies
This is just my point of view. Please do your own research before initiating any trades.