Looking near a positive breakout range. so wait for breakout & retesting.
Based on previous analysis, the EURCAD trade printed 250 pips 🤑💰 FOLLOW FOR MORE! ALL THE BEST!
The stock has been trading in the range for past 200+ days and has started to show the signs of strength and these are: 1. A quick bounce from the support taking out the short term resistance of 1070. 2. Volumes have stated to increase showing the bullish sentiment among buyers. 3. The gap between 21-day and 50-day EMA has been reducing. Why this time the...
As you can see multiple pattern on chart stock is ready for one more big move
2 Mistakes cost me profit today. Never break your rules..
Do you know Support and Resistance is not a Price, It a Area (Range) . Every time price came to this Area (Range) it respected the Area very well as you can see in the chart. Rule :- Whenever support is broken its become resistance. And when Resistance is broken its become support. Hit Like and follow for more future updates.
Based on previous analysis of AUDJPY the trade which was shown in the analysis is killing 📈 100+ pips and counting! ALLT HE BEST!
# WE WILL MAKE ONLY PROFIT #What Is Moving Average Convergence Divergence (MACD)? Moving average convergence divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. The MACD is calculated by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA. The...
Awesome Triangle breakout caught in GranulesIndia today and also took as btst. Orginal trade was Buy at 335.6 and hold till 361+ with an sl of 330.5
Breakout on Monthly chart above 193.4 CMP 186.65 Buy only after closing above 193.4 on Daily chart.
# WE WILL MAKE ONLY PROFIT #The relative strength index (RSI) is a popular momentum oscillator developed in 1978. The RSI provides technical traders with signals about bullish and bearish price momentum, and it is often plotted beneath the graph of an asset's price. #What Does the RSI Tell You? The primary trend of the stock or asset is an important tool in...
Stock is continuesly facing resistance in monthly time frame @ current level it looks like now it will break and go up
As we can see brent crude in corrective phase in monthly time frame and again near to breakout levels if it breaks then we can see big rally in this counter
CHANNEL PATTERN :- It is nothing but a formation of two almost parallel lines between which the stock oscillates. Channel can be of 3 types : 1) Horizontal Channel 2) Rising Channel 3) Falling Channel It is a constant fight between bears and the bulls and victory is decided by the breakout or breakdown of the channel pattern. Bulls wins the fight if breakout...
Friends. I thought let's learn this kind of candle pattern seen in Sudarshan chemicals. Based on my observations as well as from the teachings of few technical experts, the following pattern is described. 'When an unusually long green candle is formed followed by a red candle on top of the green candle, reversing the direction, this eventually ends in further red...
What Is a Rounding Top? A rounding top is a price pattern used in technical analysis. It is identified by daily price movements, in particular the tops, which when graphed form a downward sloping curve. Technical analysis of price information suggests that a rounding top may form at the end of an extended upward trend and that this price pattern may indicate a...
it has given highest monthly closing. momentum may continue and has potential to go up