Bearish Patterns
BBTC #kaisalagtahailong term parallel channel has broken and get into bearish parallel channel. This is going to be more tough
expect more selling below 690
SOL bearish mode on 🤯SOL has more to dump after breaking the significant support next levels to watch below are 26.1 - 24 - 20.75.
Play both sides. Mixed data. ||Nifty||Buy at support and sell at resistance and repeat the process again and again.
Let nifty create the range than play buy sell.
Both sides momentum.
NIFTY50 in perfect descending triangleIn my previous analysis, I spoke about NIFTY being stuck in 2 channels at a DAILY time frame. Here again, I bring to you another channel but in a smaller time frame of 15 MIN. Looks like it's in a perfect descending channel ready to break. If there's a gap down it will enter the bearish territory. FIIs are putting a huge selling pressure so my bet is that it may break to the downside and give interesting intraday shorting opportunity at a low risk-reward ratio. I will post my trades for tomorrow in the update later.
Nifty will flat or slightly gap up open.Look the chart and plan trade accordingly .
Buy above 5860 only day high.
Sell below only 15770.
NIFTY stuck in 2 channels? You might be now aware of the downtrend channel of NIFTY 50 (Blue). It bounced from the lower end of the channel last week and now trading near the supply zone of older channel (Green). It may consolidate in this channel for a while but chances are that it can break this channel to get into bearish territory.
BANK NIFTY price rejection from support-turned resistanceBANK NIFTY has been down-trending and currently trading in the middle of the channel (blue). The price rejection seen from support turned resistance (red). We could see Bank nifty is currently in bearish territory.
Greenply - Head and shoulderHead and shoulder
Be cautious with a close below 163
Looks weak as bounces are getting shorter
ADANIPORTS @ SupportNSE:ADANIPORTS
#NSE:ADANIPORTS trading @ support and retested, 637 could be the next level, few chances to bounce.
Happy LEarning !!
Bitcoin Head And Shoulders Pattern💯The Bitcoin 1 Hour chart is Getting Showing The Sign The Great Dip For Bitcoin Hold On And Invest Partialliy , The Volume On Exchanges is Too Low , I Think BTC Can't Withstand 20k Support
Tatapower Breakdown21/6/22 Tatapower Daily Timeframe Breakdown
Support is tested multiple times hence making it weak
Stage 4 is started now in this as per stageanalysis
Retest is done today
Targets 180-175
SL: 215
SHORT IRCTC ON RISEIRCTC is clear cut in bear territory with expensive valuations. Good time to short after decent bounce. Short IRCTC june or july future till 660 for 600/575 and 550. invalid if IRCTC stays above 690 on two day closing basis. #positionaltrade
Head and Shoulders Formation on BALRAMPUR CHINIThis script is forming Head and Shoulders formation on Daily and Weekly Timeframe.
We can initiate a short position on this script when a daily candle closes below 350 level neckline.
Stop loss for this trade can be placed above 380 levels.
1st Target: 290-300
if this major support of 290-300 is breached then we can see much more lower levels around 220-250.
Risk Reward for this Trade:
Target1 R:R- 1.5
Target2 R:R- 3.0
!!! This is not an investment advice and do your own due diligence before investing/trading on any script !!!
!!! This post is only for educational purposes and not advising anyone to trade on behalf of this trade !!!
NIFTY more to go down Open interest data is still negative and this short pullbacks are might create a trap.
bearish flag pattern is well built. Once NSE:NIFTY break, 15000-14900 levels will offer us a new bottom soon.
follow, like, share
BITCOIN CHART ANALYSIS #BTC/USDT
We are in really cruel zone.
#BTC is making sideway box again.
I think we will see downside breakout one more time.
I will add my spot positions around 18k
By @space-z
Point of ContraflexureThe point of cotraflexure is a point when you draw your trendline is nearly correct
then you will get this type of combo If market is down trend and price touches it from
low then price maximum time get rejected and trend continued and vice versa for up trend
swing trade( bearish view) , AAPLstock price is already broken the structure of higher highs and higher lows, and currently the price is moving in the bearish structure( lower lows and lower highs, parallely the volumes are hevay when the price moves downward and volumes are low when price is moving higher, safe trade can be taken when the price hits the retest area and there should be formation of healthy red candle with the heay volumes ,
setup:-
entry can be taken below the low of that healthy red candle
stoploss can be above the high of that candle
views are only for educational purposes
btcColyapse 1. BTC is in downhill as indicated in the earlier study of HS
2. We are at first AVWAP support level drawn from Jun 2019 at 20669
3. The H&S study shows, bitcoin can go as low as 14800 which also coincides with another AVWAP support from highs of Dec 2017.
4. This is great value zone and lot of contrarian will get active in this zone stabilizing the btc price.
5. Stay put and fill your bags in this zone and participate in the great bull run of 2025.
