Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the...
Clear trend line breakout and resistance level converted to support. Expected target 643 lvls.
MCX Breakout from Down Channel Cmp 1471.5 loks good for long now targets are 2000 in long term
A one-month-old horizontal area probes EURUSD bears amid oversold RSI conditions, portraying a corrective pullback towards the late March low near 1.0945. However, a convergence of the 50-SMA and 100-SMA, as well as bearish MACD signals, can challenge sellers afterward. In a case where the SMA confluence fails to stop buyers, 1.1120 and the last monthly peak...
axis bank breakout pattern for an long time and position retracement
According to best of our knowledge Nifty takes closing near immediate support at the level of 17800. Tries to go down and breaks the level of 17800 three times but unable to sustains below 17800. Tomorrow more chances to trade below 17800. If nifty manages to sustain above 17800 leads nifty again towards green zone .
Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the...
buy for shorts term mke profit in mphasis its trading in supports area its high chance to go upside given area
GBPUSD struggles to defend 1.3100 inside a one-week-old symmetrical triangle. Even so, an impending bear cross and failure to cross the horizontal resistance since late February during the latest upswing keep sellers hopeful. That being said, a clear downside break of the 1.3100 threshold, also comprising the stated triangle’s support line, becomes necessary for...
ZOMATO DAILY CHART - TREND REVERSAL SIGN 1. zomato has seen trend reversal last 2 trading session after sharp fall from 160 sub level to 75 level last 1-2 month stock consolidate at 75 - 90 level , 75 find as support and 90 as major resistance for this consolidation . 2. 1st trend reversal sign is MA , EMA Crossover around 78-80 level , 3, 2nd trend reversal...
Looking good support on weekly TF. One can make Long position on Hero Motocorp.
As seen in monthly chart of USDJPY, inverted head and shoulder is formed. Breakout above 127.50/128 with volumes will make it run to multi decade highs. Likely scenario: With current global inflation, BOJ is forced to abandon its yield curve control strategy, that brings the yen devaluation option to the forefront. God bless us all!!!
L&T INFO Services Rally continues next supply zone 5300-5400 price in channel if this negated then possible uptrend in continuation
Interesting to see $BTC trying to break out but definitely needs more momentum.
If sustains around this reason with decent volume then BUY around 1.3265 region with Stop loss 1.3255 and Take Profit at 1.3466
Trade details: Monthly tf: Market reach the all time fib extension levels (1.618). possible to came for correction. Weekly tf: sideways going on day tf: market reach the day support but, still it not change the trend to up trend, still we have a possibilities to sell Hr tf : day tf correction completed (0.328) and hr tf trend was changed.
Trade stratergy * Overall market was trading near the monthly support zone. and also market broken the demand zone in weekly time frame. * In day tf, market reach all fib extension levels, possible to retracement happen or continue the trend. but, market start the retracement and also continue the down trend. * How i identify the retracement completed? ...