can 36200 can become new value buy zone for 36800/37000 if 37k breaks than how much upside ?
Elliott wave analysis of Ethereum confirms its 3rd wave journey pattern. Wave 1 - Finished at 4384.43 on May 12, 2021 Wave 2 - Finished at 1718.41 on July 20, 2021 Wave 3 - Sub-Wave 1 - Wave 1 - Finished at 4030.35 on Sep 3, 2021 Sub Wave 1 - Wave 2 - Finished at 2651 on Sep 21, 2021 Sub Wave 1 - Wave 3 - Sub-wave 1 - Finished at...
USDCAD trend very positive support level very strong will buy this pair with stoploss
For Beginners who don't know the real meaning of RSI RSI---RELATIVE STRENGTH INDEX As the name says it shows the strength of a particular stock or index. More the RSI more the strength RSI above 40 indicates very little strength 50/60+ RSI stocks indicates very good strength....But RSI above 80 indicates that the stock is little overbought and may consolidate but...
S&P 500 1D Chart Observation 1 - S&P 500 is presently at the lower band of the upward channel formed since April 2020. Observation 2 – Focused view of the last 2 months shows, S&P 500 is seen taking support at 50% retracement level (Oct 4 Low – Nov 22 High). Conclusion: S&P 500 taking support at 50% retracement level on two months chart when it is at the lower...
AB = CD once the Descending triangle base breached, target for sell has to be AB = CD .
DAILY Candle: PIVOT TGT Expecting 20% Up In coming Days
Should we trade Nifty 100,500,1000? Many people are confuse from where we should start and which stock list we should cover.
Entry, stoploss and Target are mentioned in the chart. For more details feel free to ask me. Disclaimer : It's only for educational purpose.
Why this Trade..?? 1.Head & Shoulders Pattern(Depth is still Pending) 2.Market Sentiment 3.Trading in a Falling Path 4.Next Support 16690 is yet to reach Buy or Sell based on the Support Break with Volume This Analysis works for sure!!! Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before...
I tried putting Elliot wave label on Asian paint daily,weekly and monthly chart and couldn't come to any logical conclusion,as the uptrend didnt followed any fib rule's neither did any major swing have an internal structure similar to elliot pattern cumulatively which could make an elliot pattern. Never the less i have shown channel on the monthly chart which...
Why this Trade..?? 1. Trading in a falling Channel Buy or Sell based on the Support Break with Volume This Analysis works for sure!!! Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before attempting any trade.We're not responsible for any loss or profits.
This post helps you to understand how you can project any pattern formation in earlier stage. Also, It helps you to build your perfect weekly watchlist. Create Your Price Action Weekly Watchlist in Following Sections: 1) Early Stage Price Action(Waiting Phase) 2) Mid-Stage Price Action(Reversal Entry Phase) 3) Final Price Action(Breakout/Breakdown Entry...
Hello Traders, This week Omnicron, FED Tapering, GDP Data and FII selling are the major news for the market and for the next week RBI interest decision, Industrial Production will be the key economic indicator whereas Omnicron and FII selling will be daily concern.
Why Bank nifty fall again??? 1) See on chart major trendline Rejection 2) Previous Supply zone. Do own Technical Analysis after listen news. if your technical analysis is strong you don't need any news.
Why Fibonacci Tools? Fibonacci tools can help traders to determine upcoming support and resistance areas. Unlike other indicator which works on historical data and mathematical calculation considered to be as Lagging Indicator. For Example: MACD, Stoch RSI, Bollinger Band etc. Where as FIBONACCI tools does not come from any formula and historical data, it is...
FOR EDUCATIONAL PURPOSE ONLY! This is a daily chart of Dow . It has taken a support exactly at its daily support trendline (blue). From last several months, Dow has been trading in a range on weekly charts which can be seen in pink lines. On weekly charts Dow has made a flag and pole pattern and either it takes support at this level or may give break down. If...
indusind bank has resistance around levels 955-980 crossing will change the trend or can touch 880 again in coming month