This is test a simple stress-free strategy that we can apply on Heikin Ashi charts
Buy - when forms Bullish candle. i.e Open=Low in Henkin Ashi candle
Sell - when forms Bearish candle i.e Open = high in Henkin Ashi candle
all other candles are Doji we can ignore/wait
The problem with Heikin Ashi's chat is I do not show actual LTP. We...
Support for ETH scalpers for having 0.30-0.40% profits, 429-430 buying range with selling at around 432 for little profits. Pivot Points and VWAP act as support in 15min chart. But only make a trade with bullish crossover on SMIIO indicator. DO like if you find it helpful.
As the broader market is choppy, it's a big challenge to find outperforming stocks in such market conditions but still, I have tried to get a strong stock to trade.
-> Bullish Heikin ashi pattern
-> RSI above 60 (Shows good strength)
-> Bullish MACD with increasing divergence
-> Healthy Channel ( Angle between 45*-30*)
-> Volume Profile: I have...
After a massive rally of 899 points in two trading sessions,
Nifty has been in overbought range for some time
RSI (30 mins.) showing a little bit of tiredness already.
CCI (30 mins.) has already give a reversal signal.
Heikin Ashi candles have given a clear Sell Signals.
One can go short keeping 11660 as a stop loss.
Use this strategy strictly in weekly time frame and take your position only when you get confirmation of sell signal. You can short 1500-1540 strike price calls also time is on our side as well.
Thank you MALKAN SIR for this strategy
NIFTY View in Heikin Ashi & Ichimoku perspective & different time frame.
All mentioned on Chart (time frame 4 hour)
NIFTY view as per Heikin Ashi, Ichimoku Combo. Time Frame: 1 hour
NIFTY view as per Heikin Ashi, Ichimoku Combo. Time Frame: 2 hour
Conclusion: Sell on rally , for...