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
"TREND IS YOUR FRIEND" YOU MUST HAVE HEARD IT ENOUGH THAN HOW TO TRADE ON THIS IDEA THAT IS WHAT I HAVE EXPLAINED IN THIS VIDEO.
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...
The video idea shows how signals can be non-repainting and one can back-test. we are talking more on buy/sell signals from the pine scripts. one must need to ensure that signals are not repainting and this can be very easily ensured by correct coding practices. in example i took nifty50 15 min chart and just replayed the study developed by me.
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.
Support &false breakout 5 minutes candle Bar & How CPR can lead us in trading safely Every Retail traders look out candle is fro support & Breakout happened will enter buy keeping Stop loss below the candle. What happens then is this video.
Educational Purpose
Axis bank Supply Demand Daily
CONCEPT OF SUPPORT AND RESISTANCE LEVEL
In the replay mode it is evident that the trend was still upward. Hence the Red Star Failed.
Discussion on details of Justdial trade