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Technical analysis:
. VIBERATE/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 49.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00017000 to 0.00014900). if so, traders can set orders based on...
Bearish Bat pattern on Hourly Chart of Canara Bank. SELL - 279-280.
I just started learning Harmonics, so I don't know how to calculate Target(s) & SL, yet.
Bearish Bat pattern on 2Hour Chart of Aurobindo Pharma. SELL around 791-792.
I just started learning Harmonics, so I don't know how to calculate Target(s) & SL, yet.
BOUNCED OFF FROM 61.8% FIB LEVEL.
LET IT TRADE ABOVE 7050 LEVEL, THEN ENTER LONG FOR TARGETS OF 7143 & 7273.
MAINTAIN STOP LOSS @ 6910.
MONEY FLOW LEVEL DID NOT REVERSE YET.
Divi Lab has progressively formed a Rising Wedge pattern on daily candlestick. Apex of rising wedge is at 1771. Rising wedge is a reversal pattern from bullish to bearish. Height at the base of rising wedge is 170pts. According to Bulkowski, rising wedge has culminated into bearish movement in 69% of cases and on average the fall has been 58% to 64%. Thus,...
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