I don't need to write more about this stock technically because I already have taught for this Top reversal head and should pattern:
Ref.
As per the downward channel, we can create a trade setup:
Risky Investors can buy at Rs. 47 first entry point
...
One can wait for current Consolidation , time wise it will take around another 2 Months to make to the forecast low ,
Look for reversal and strong close on daily before going long , and Exit near the 3400
wait for the set up to form
Look here two scenarios,
1) rounded downside move toward the main channel OR
2) without breaking narrow channel with up side move with volume rising.
This is really confusing for trade so, still, avoid trading without any breakdown.
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.9035). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURGBP is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic...
Education & Trading Idea
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Mankading
Controversial Strategy Mankading has been discussed which is used at times to score a plus against your opponent and compared with similar box kind of strategy used in real time...
Bitcoin ( BTCUSD ) has been consolidating while prices remain above EMA10, EMA50, and EMA100, telling us that the bulls have the upper hand.
We can also see the ascending triangle pattern which also leans towards the bulls.
We can also see the ascending triangle pattern which also leans towards the bulls.
A breakout might happen soon... Where do you think...
This idea contains the buy and sell signals of xbt/usd in 15min chart.
All the buy and sell signals are delivered by our MAGIC indicator.
This indicator helps you to trade according to the market trend.It means you will get both short and long term signals in one indicator.
The indicators gives over 80% accuracy and if u trade according to our strategy u can get...
PURELY TECHNICAL
Optimistic View - Nifty retraces to 7500 and rebounds back to current levels to complete a double bottom formation before breaking resistance @ 8900, in which case the target would be 10,000 (Max Call OI). This will become the next crucial resistance level.
Pessimistic View - Nifty retraces to 7500, either stays within 7500-8900 level or breaks...
As we all know BankNifty is a Sector Indice formed in combination of 12 Different Private and Public Sector banks.
The underlying allocation of BankNifty is based on the daily FREE FLOAT MARKET CAP of the banks that are key constituents of BankNifty.
So are you ignoring the above key concept? Just by running behind the price action of BankNifty and age-old...
Hey Guys ,
Posting Idea on TradingView after very long time ; Nifty seems to be a buy on decline for swing trading !
Targets of 9150-9367 ; SL : 8100 on Closing Basis
9538-9578 : Trend Decider Area
Do like to support the idea ; Happy Trading !
Almost many things are till remaining on the chart although i have plotted following:
Flag pattern
Major and minor channel
Initiativ move
Resposive move
major and minor support level
Waves
future expected resistance is at 1661 nearby
I have made small efforts in explaining the identifying the trend & most of retail Questions , almost around 172 Questions people have asked so far about entry and trend following
Good luck people
Education & Trading Idea
------------------------------------------------------------------------------------------------------------------------------------------
Mankading
Controversial Strategy Mankading has been discussed which is used at times to score a plus against your opponent and compared with similar box kind of strategy used in real time...
Hello Everyone,
The Expanded Floor Pivots is introduced in the book "Secrets of a Pivot Boss: Revealing Proven Methods for Profiting in the Market" by Franklin Ochoa. He added four new levels: S4, R4, BC and TC. There are many great ideas in the book, such using these levels, following trend, time price opportunity and much more. (Thanks to @tonyjab for pushing...
No matter how much I like PineScript, there are still things missing in the language. One of the most annoying issues is that you cannot set dynamic length value for highest/lowest functions. This length must be fixed integer. But it doesn't make sense in a lot of cases, when you'd like to know what was the highest/lowest value of a series SINCE EVENT in the past,...
This strategy is built to prove the profitability of my Underworld Hunter indicator. It tests two different strategies. I won't be going into the calculation again since it is part of the original script. I just made a few adjustments.
First one is clearly visual. It plots slimmer twin-coloured lines now and has a different colour for every extreme level. Second...
The Bollinger Band Squeeze is calculated according to the ATR. With the default settings. If the BB width is smaller than the ATR * 2 the background is painted green. If the BB width is larger than the ATR * 5 the background is painted red
The trend line is a straight line that connects the minimum two price points to show the general direction in which price points seem to be going.
Traditionally, the trend is used to find the next future price resulting in, it gives the trader a good idea of the direction, in which an investment's value might move. We basically use the trend line for entry and...
Thanks from Bottom of my heart to "Sir John Murphy" for giving us such a wonderful book on Intermarket Analysis - "Profiting from Global Market Relationships"
Special thanks to my friend & follower who wrote - Think beyond Red & Green Colours. I would love to have your comment once again here in this idea as well.
Wish You all a Happy & Colorful Holi
This...
Friends, Yes Bank recommend on January 20, 2020 at around 38.65 has hit the given target of 81 in less than 2 months. (Return of around 110%). For more such views on the market, do hit the like button & follow my user id. Thank You.
