It is important to look at this chart. Price consolidated for three months and then breaks down the support zone. Price seeking for support at the previous low. So if this level holds, fine-- some retracement may come by, else more downside may be seen.
Good Day LOVE... And it is... (Note: This is the analysis that I shared before Bitcoins breakout) Hit LIKE and we start with some phrases coming out of the money people in this reality... And these people have lots of money; let's see what they have to say to newcomers like us (crypto-traders): "Bull markets are born on pessimism, grow on skepticism,...
Pidi kya phir se phiddi niklega?
We already have trended down significantly for a couple of days now. Price getting reverted to 200 MA on '4hr' time frame is likely before going down again to test 200 'weekly' MA. Long entry on Bitmex (XBTUSD) : 3270-3380 Target 1 : 3700-3800 Target 2 :4100-4200 Target 3 optional : 200 MA on 4 hr timeframe
THE ABOVE CHARTS CAN BE USED BY BEGINERS TO UNDERSTAND THE IMPORTANCE OF TRENDLINES AND HOW THEY CAN EASILY HELP YOU PLAN A TRADE. Many of people who start with technical analysis make the biggest mistake of not learning the importance of drawing trendlines and they start following random indicators. if you want to be good in technical analysis then make yourself...
Bearish AB-CD (it can also be a part of Bearish Gartley pattern). Price attempted to break below 200 DMA but could not and in the process made a Hammer . So below 200 DMA, price may see the levels marked on the chart. There is a Negative Divergence on Stochastic . Pivot Point: 2732. 1st support 2697, and 2nd support 2665. As per OI Table there is a strong...
Much of the given target of 100 points is achieved. Now there are two technical scenarios developing: a) Negative Divergence and b) Rising Wedge pattern. These are yet to trigger. Target on the downside is marked. If Negative Divergence and Wedge fail , there will be an upside move. On the upside resistance is also shown which is close to 100 DMA. At this level...
idea described in chart
T1 669.1 T2 681 T3 690 idea described in chart.
Short below 92.3 with SL 95.9 T1 90.75 T2 89.1 T3 87.6
Long if PDH (32.7) is broken with SL as PDL (31.9) Short if PDL (31.9) is broken with SL as PDH (32.7)
Levels are on the chart
Nifty may be forming a long term HNS on Monthly & Weekly charts. PS: Personal view only for education purpose. Use discretion and do your own analysis before making an investment or taking a trade.
GOING LONG AT DDZ IS RISKY AS PRICE IS UNDER WEEKLY SZ . WAIT FOR FORMATION OF NEW DSZ