a bearish flag is seen and price is breaking down from the lower support line at 245 it may go to 200-190 if it comes above 261 then it will be very bullish It is very bearish but very proven pattern
What is Price Action Trading Strategy? Price action trading is about understanding the imbalance between buying and selling pressure so that you can identify trading opportunities and make a profit. Before we discuss about Entry, Exit and Stop Loss Signals, I would like to tell you some basics about the Market Structure, Support and Resistance and Candlestick...
Elliot wave rejection move to opposite trend When there was elliot wave impulse 12345 acception there was huge rejection of the elliot wave correction ABC which leads to downfall
Tvs motors in strong support zone. We can accumulate this stock in current level
this is just for education purpose. here i m forwarding the hourly time frame of happiest mind chart .
Hello Everyone, Here You can see on chart bank nifty today panic fall from top, but why??? last 2 days market in Bull run...then why panic fall today??? so, don't worry I am here for analysis why fall..... 1) First you see market fall continue previous days and made Triple Bottom on chart you can see, 2) Then market Next open Gap up and Continue move upside and...
Weekly Breakout in Sugar Sector lead by Ugar Sugar in last week
Sector wise stock Analysis. Learn the reasoning behind my stock selection...
Price forming symmetric triangle pattern on weekly time frame. Any breakout would provide long trade with good R:R.
BITSTAMP:BTCUSD COINBASE:BTCUSD BINANCE:BTCUSDT This is in continuation of previous posting "Bitcoin at crucial support point". Breakout of RSI trendline is initial indicator of Bitcoin moving back in positive territory is seen at A on chart. It now require confirmation by crossing 38.2% Fibonacci level and the price trendline as marked as B & C...
Hi, today we are going to see one of the most important concepts for day trading. I have taken all the content from the book “Secrets of a Pivot Boss” and added illustrations and charts, so that you don’t have to read the book. I am merely a presenter of the original content written by Franklin Ochoa. But the charts and illustrations are all done by me (If you...
1. Price is in down trend forming LH-LL from Aug 2017 to Sep 2020. 2. From there, a reversal in trend can be seen forming HH-HL. 3. Good swing trade opportunity. Entry : 125 SL:115 (WCB) Target: 140
Jackpot possible in IDFC First Breaking out Triangle pattern possible it can touch 80-85 range this time only for study purpose.
Nifty, Banknifty and Sectors Analysis. All sectors and their chart are analyz one by one.
Dabur India has formed a hammer pattern with a long wick on the weekly chart as on Thursday. If the same pattern is maintained on Friday 10/12/2021 then there could be a bullish trend reversal expected which needs to break the previous resistance of Rs.600 and Rs.613 for long-term upper trend.
Bajfinance near trend line.... : today's high is almost near the trend line.... : hope it breaks tomorrow gap up and sustain above the trend line....
Apollo tyres is forming scalene triangle pattern which is having strong support at Rs.203 and strong resistance at Rs.224. Though the stock was able to break out Rs.224 Resistance level in last two occasions, the break out could not sustain and fall back to its earlier support level. Major price movement is not expected till it will have strong break out at...