BTC USD PRICE ACTION ANALYSIS. BTC is falling but a quick update up to where the fall could be.
The first bounce will be at 55k and it goes to test 60k levels again.
This might form a XABCD bullish bat pattern. Below this, the price could go to test the 52k-50k levels.
Happy trading :)
This is just for educational purposes.
Bat
SOLANA (SOL) USDT PERPERTUAL PRICE ACTION ANALYSISSolana has had a spectacular run in the past 2 weeks. However, the price might correct a bit for a pullback as it is near a supply zone.
The XABCD bearish Gartley and Bat patterns had set a supply zone above which the price is struggling to sustain on the weekly chart. As we can see there's a bearish divergence developing on the RSI chart, i.e., the price is making higher highs but RSI is contradicting.
The XABCD bearish Crab pattern sets us a target of 278.
Trade Setup
1)Buy around 178 and put a stop loss below 137.
2)Buy on a pullback after breaking the supply zone/PRZ.
Keep trailing until 278. Expect strong resistance here.
Happy trading :)
This is just for educational purposes.
BIRLA CORP PRICE ACTION ANALYSISBirla corporation's stock price is near the supply zone. If the price falls from here, go long at the demand zone and if the price manages to break the supply zone, go for a momentum trade position.
The bullish bat pattern sets the demand zone and below this demand zone, a huge fall could come. Below the demand zone, the downtrend will be confirmed because it has already broken the trendline.
The target and stop-loss levels are mentioned on the chart.
Happy trading :)
This is just for educational purposes.
KRSNAA DIAGNOSTICS PRICE ACTION ANALYSIS AND TARGETSKrsnaa diagnostics price needs to sustain 862 to prevent further breakdown.
If price action shows us any signs of bottoming at this level, buy.
if the price somehow reaches the demand zone created by the ABCD patterns, then buy the stock.
The targets are mentioned on the chart with the help of the XABCD bat pattern.
The stop loss will be as per your risk appetite.
Happy trading :)
This is just for educational purposes.
TATA STEEL SHOWING A BREAK OUT SIGN!Tata steel stock price has fallen in recent times. However, the price is showing bullish signs now. The volumes are increasing and the price is nearing a breakout. The overall metal index showed a bullish sign.
The XABCD bat pattern sets a supply zone/ PRZ which has to be taken out to make a new all-time high.
Start booking the profits from the supply zone and trail until the all-time high is broken. The short-covering moves can take the price to the ultimate target set by the XABCD bearish crab pattern.
The breakout, stop-loss, and target levels are mentioned on the chart.
Happy trading :)
This is just for educational purposes.
UNION BANK PRICE ACTION AND THE TARGETSUnion bank has come out of the trading zone and looking bullish. The volumes are supporting the breakout.
Consider buying on a pullback or buy and trail continuously. If the trade the trade goes wrong exit cost.
Should easily reach target 1 as mentioned on the chart as other the targets. These targets are set by XABCD bat and crab patterns.
Happy trading :)
This is just for educational purposes.
TataMotors | Bullish Bat Pattern | Trendline Breakout 👌Investment Purpose ! Monthly Chart Alert !
Fundamentals are good after all its a TATA !!!😅
Reversal Area near Bottom can push the price even more higher Like previous .
1) TATAMOTORS has completed the bullish BAT pattern ( Harmonic Pattern ) .
2) As per the rules , Ratios are very good .
3) Trendline Breakout with volume near support Zone .
4) RSI divergence Strategy Applied here
5) Fibonacci levels for possible Target
6) Stop- Loss Around 23
7) Volumes are Also in Supports / favor
Guys check out the related ideas as well, it will work really well guaranteed !
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TATA STEEL PRICE ACTION ANALYSISTata steel's price has taken a drastic fall today. The price is near the demand zone set by the XABCD bullish bat pattern.
If the price bounces off from the demand zone, we can go long and consider targets mentioned on the charts.
The stop loss level mentioned on the chart is technically sound support, if this level is broken, the fall could be drastic and can continue. If you are a risky trader, consider holding until 1070.
Happy trading :)
This is just for educational purposes.
INDIA BULLS REAL ESTATE PRICE ACTION ANALYSIS. INDIA BULLS REAL ESTATE stock's price has broken out the trendline and the previous swing high at 143. Currently, it is under the pullback test. If the price manages to sustain above 144, then we can go long.
The potential reversal zone may be a hurdle. So, book your profits near this zone. Above PRZ, a further uptrend could be seen.
The demand zone below can act as good support for the price. So, place your stop loss below this demand zone.
All the levels are mentioned on the chart.
Happy trading :)
This is just for educational purposes.
Reliance Industries price action analysisReliance Industries is currently trading at the potential reversal zone (PRZ)/supply zone set by the XABCD Bearish Bat Pattern. In the past after reaching the supply zone, it got corrected until 0.618 Fibonacci retracementent of CD.
After a good correction, it is trading now near the supply zone. Since it touched the all-time highs, it never had closed above the supply zone. A daily or weekly(safe) close above 2275 could give a boost until 2307.
Sustaining above this supply zone, the price may reach the 2382 level.
Go long above 2275 and start booking your profits from 2307-2382 for a safe setup. Place Stoploss at 2256.
Happy trading :)
This is not an investment idea. Please consult your financial advisor before investing.
TATA STEEL PRICE NEARING A SUPPLY ZONE.Tata steel price is near the XABCD bearish pattern's potential reversal zone. From PRZ the price could make a correction or breaking of the PRZ could lead to a short-covering rally.
For new long entrants, wait for one of these scenarios. The levels and the stop loss point are mentioned on the chart.
Happy trading :)
Only for educational purposes.