RELAXO downtrend Showing zig zag correction downtrend will continue upto 550-600 level It's an analysis, not an trading advice, trade with due diligence.
As a trader one must always look for a High Confluence setup. At least 3 technical points should meet at each other to be called as high confluence setup. In this case of $LRC 1. Price crossed trendline 2. Support zone successfully retested and created a demand. 3. Price also reversed from 50% Fib retracement. I am loving this, I am taking trade in it with entry,...
To take a short trade on BTC using a 4 hour time frame, you can use support and resistance levels along with a Fibonacci retracement tool to identify potential entry and exit points. Once you have marked your entry point and two profit targets on the chart based on Fibonacci ratios, it's important to have a risk management plan in place, such as a stop loss order,...
Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, I would like one booster button at the bottom, please. Bitcoin 30 minute chart. It is a one-way long position strategy. *In light blue finger movement path 1. $24358.5 entry into long...
A cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. Script = HCL Tech Time...
Technical analysts use support and resistance levels to identify price points on a chart where the probabilities favor a pause or reversal of a prevailing trend. Resistance occurs where an uptrend is expected to pause temporarily, due to a concentration of supply. Market psychology plays a major role as traders and investors remember the past and react to...
SL- 2935 PB- 3400 / 3450 Risk to Rewards our Favorable this area
Double Top pattern 4hrs Entry 215 Stoploss 220 Target 187 160
Nifty One Hour Time Frame Chart Analysis For Day Trading with Open Interest Analysis with Trading Guide Nifty Demand and Supply Zones for Day Trading Support Zones For nifty Intraday Trading First Support Zone For nifty50 – 18030 - 18020 Second Support Zone For nifty50 – 17945 - 17955 Third Support Zone For nifty50 – ...
TCS is making a kind of cup pattern on daily time frame also we can see IT sector chart is looking bullish now a days and today retest is also done so as per my analysis I found good risk reward 1:3 in this trade.I'm bullish on this particular stock. What's your opinion please share. Happy trading.
banknifty 17th feb; time frame--15m buy above; 41730, SL41660, TRGTS--41795, 41890, 41995 sell bellow; 41650, SL41730, TRGTS--41550, 41450, 41320 note; am not a sebi registgered analyst. all are educational purpose only
My view on Gold correct me in comment. In a learning phase.
Nifty 50 is in its corrective phase as explained in yesterday's post. Here is an alternate view to the completion of B wave in Nifty's corrective pattern. TAKEAWAY:- - Whatever view Nifty follows, 16800-17000 zone is a good time to put in some money. Disclaimer:- I am not a SEBI registered analysist. Please do your own analysis and consult your financial advisor...
HELLO dear Treaders : After a very long time, ETH has reached the declining trend line that you can see in the chart and looks strongly bullish. Since Nov 2021, when the bear market began and the price of bitcoin and others alt-coins started to drop from their all-time high, ETH price has hit this trend line, twice (as you can see in chart). The first time, the...
PO3 means power of three - Accumulation, deviation & expansion. It is one of the smart money concept where first price moves in a range and then break it either side where most traders take trade thinking it a breakout while the price deviates back into the range and gives an impulsive move opposite side to liquidate those breakout traders.
The stock is at a major support level. Keep an eye on the results. If there is a gap up, I will enter with a small sl
NG consolidate in this zone more than 2 weeks, it should break this zone will tell the down trend end or not. Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss. Or can take entry based on one 5 min candle close below or above the zone with SL previous candles...
BN has broken open a strong s/r zone 41730-41650. it has also broken out of the short term trend line, which should act as support now. the OI data suggests that the expiry is likely to be in range of 41500-41800. due to expiry pressure we might not see much of upside movement. however in case of breakout above 41800 sustaining over 15 min candle, we could see a...