Talking about the long term is a reversal point for the close. The eyes of both investors and buyers should be on this stock for deep buying. Over-reaction, which is a little more down moves us a super entry point for the trader. 495-505 are the best level for short term holding.
I will update shortly, small timeframe chart for this stock more clearity of entry...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.318.
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 R2=1.321.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of...
. Siacoin/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
. There is a...
I am of the belief that Bitcoin would start to grow when the altcoins start to retrace strong...
The altcoins market is having massive bullish action and growth for the past few months and now we are seeing some altcoins correcting having a strong retrace... The majority continue to grow, the market remains bullish while Bitcoin is now ready to continue growing...
In last update, I have updated everything about nifty which was clear. Actual support also mentioned 11854(made low 11844). Still nothing is much change in this update.
Support 11854 is strong and reference of Cycle(ii) 11934-11955 non stop move. Breaking and closing below 11812 previous investor's supoprt will push nifty down but chance is very low till.
Buying or Selling during PANIC situations - Whats the plan.
Most of the traders are afraid of the Selling or Buying during panic times and having a plan with proper stop-loss is very good.
The answer is previous Sessions Point of Controls - So as a trader we always love to buy or sell at a discounted zone and fining the discounted zone is very important.
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.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial...
This is my favorite for Tradingview.
Please use other indicators to find good entry and good exit. This is why this publication has so many indicators. A good indicator will find good results even on line chart. Feel free to try on "Heiken Ashi" but understand that "line" chart is much more realistic
Due to tradingview's crappy auto resize, the best way to view...
Plot the source high, low and close of any given ema or sma. Support and resistance is defined as an area where price is likely to bounce or get rejected and since MA's are usually just one line, this band is meant to act as an area surrounding the original MA and therefore avoiding fake outs.
This script "slices up' the price action in hourly, daily, weekly,... slices
to give a view of the sentiment and price action or volume during the selected period.
Different time periods can be selected.
There is a choice to display the information in:
- normal candlesticks
- heikin ashi candles
- volume candles
It has a weekly as well as daily resistance at 420 from where it has reacted. Unless it manages a close above it there is strong possibility it might retest support at 390-380 to confirm a higher low. Sustaining above 420 (on closing basis) could take it to 475