This is clear example of how accumulation distribution works with volume getting dry during fall in accumulation zone and rising after hitting the bottom.
Types of Resistance: - There are 3 major types of Resistance 1. Trendline Resistance 2. Dynamic Resistance 3. Structure Resistance If you like this post then hit like button and follow me for future updates.
Good Morning Traders Nothing To something To everything 🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻 Have a look at above image to understand that we should focus on those things which we control & thus it makes sense for you guys to take perfect decisions while taking up the trade FOLLOW, LIKE , COMMENT & SUPPORT
see my last idea where i gave buy call above resistance after that stock move really good a strong resistance zone and head and shoulder pattern breakout head and shoulder pattern usually work 70%+ times so with good risk to reward ratio we can trade in lower timeframe like 3min to higher timeframe weekly
Rising Wedge Pattern : - Rising wedge is a bearish pattern found in a downtrend. A rising wedge is formed when the price consolidates between upward sloping support and resistance lines. Falling Wedge Pttern :- Falling wedge is a bullish pattern found uptrend. A falling wedge is formed when the price consolidates between downward sloping support and resistance lines.
For the purpose of demonstrating how one can identify a trend change using Support - Resistance and Price Action, I have taken the daily chart of IEX. I had also identified and posted about it before the recent rally. The first step is to establish a clear support and resistance line. In case of a breakout, I like to keep my target at around the same price...
Toggling between numerous stocks can be tiresome. Using a strategic method to identify potential set ups can save your time and deliver amazing results! In the above chart, I first noticed that the price was around its support. It can be confirmed by seeing the previous price swings that the support is well tested. Next I look at the MACD to confirm if the...
In the chart above, we can see that the trend resistance and support lines are well established, from where prices have bounced and retreated from on multiple occasions. After a decent recent pullback, we find the Exponential Moving Averages looking up again, almost ready for a Bull Cross. I personally prefer 9,21 Days EMI for trading in a short time frame of...
hello traders hope you find this post helpful thank you
For the purpose of explaining the combined use of these indicators, I have taken the example of TCS - TATA CONSULTANCY SERVICES, which recently gave a clear breakout. Know your Lines! - By joining the recent highs and recent lows of a share price, we can identify if the share has a well tested Support & Resistance or not. I prefer those with a clear defined...
today we'll discuss about market structure and accumulation range bound market the price started a bearish trend by making lower highs then the price sustained to go any lower the market then came in range bound structure and with breakout we saw huge volumes now for the future analysis- === the strength of impulse waves is declining so we might see some...
Flag Pattern is one of the most popular chart patterns, formed by price action, which is contained within a small rectangle or a channel in the shape of a flag. Flags are short-term continuation patterns that mark a small consolidation before the previous move resumes. A flag chart pattern is formed when the market consolidates in a narrow range after a sharp...
The Third Video on Education series - Engage - The Trade Setup The Reversal Pattern that I have discuss is the Outside reversal setup, which is a pattern that can spotlight some of the best reversal opportunities in the market. studied from Book Secrets of a Pivot Boss: Revealing Proven Methods for Profiting in the Market www.amazon.in Happy learning. (...
Inverse Head & Shoulder is seen and is in consolidation and nice opportunity
MARKETS ARE HIGH AS A KITE : Historically, this acts as strong resistance for markets. Markets tend to reach this point when there is too much optimism around. This is the most dangerous level for investors in the market. Retail investors are extremely greedy here. Expect a bubble to burst soon. CRITICALLY HIGH : At this line, the markets are relatively too...
NSE : HINDALCO,1D Breakout possible @390 levels :) Wait for more volume :)
CMP- 2127.85,Looking good for Monthly Holding Flag and Pole Pattern is seen Strong wick Rejection is Also there #Disclaimer:-I just shared my view for only educational purpose. Thanks
cup and handle formation is seen on 4h chart of COALINDIA