Always have a zoom out look on the charts and the patterns also became worthy at the perfect place not everywhere! And if your analysis is right and its giving you good profit you can hold a bit more!
Basics of Double bottom and Double top trades & How to increase winning probability of trades.
LEARN WITH SIMPLEST WAY AND EARN MORE THAN THE TRICKESTER
Any of my investment or trades I share on my view are provided for educational purposes only and do not constitute specific financial, trading or investment advice. ... You must be aware of the risks and be willing to accept them in order to trade or invest in markets. Don't trade with money you can't afford to lose.
CESC is forming an ascending triangle on daily chart. Good to keep it watchlist..Post breakout we'll decide on levels.
Nifty has been in consolidation making a wedge pattern on daily charts. VIX has increased by approx 4% suggesting that upcoming moves may be fast and furious in both directions. However, probability of market sustaining above 10400 is very low. Adding to that, the fear of second wave of Covid19, economic slowdown and deteriorating global economic conditions...
Volume divergence has been unfolding for last 2 weeks and it finally broke down below trendline with good volumes. it is below 200 SMA and all major indicators are showing divergence.
Educational Purpose
INTERPRETATION OF BASIC STRUCTURE OF CANDLESTICK CHARTS.
In the replay mode it is evident that the trend was still upward. Hence the Red Star Failed.
Discussion on details of Justdial trade
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 ...
BUY WHEN SQUEEZE SHOWS GREEN AND BB LINE TOUCHES ITS TOP LINE
USDINR Algorithmic + Technical Derivation of Levels Please feel free to comment and share ur findings
An Algorithmic analysis for the Derivation of Levels and Strategy for Dow jones Index
Video Derives the Level as per algorithmic flow, Do enjoy it Feel free to comment
Educational Purpose.