reasoning 👇 3 black crows pattern during downtrend breakout - lower bollinger band lower low, lower highs disclaimer - trade @ own risk
Explanation given in the chart along with buy level and target
SBI has formed bullish engulfing candle on bottom of Bollinger Bands, in daily time frame On 1 Hour TF; it has has closed above median line of Bollinger Band and formed bullish candle; with MACD crossing from below line and health RSI Can go long in Intraday / Swing trading. For Intraday, I am buying with SL-M of 285, with SL 1 ATR (Rs.10); trail SL to cost on...
The stock has rallied almost 33% in the last 2 months, there needs to be a correction or consolidation phase. One needs to be cautious not to enter long at this point as technical indicators suggest a short set up. 1. RSI negative divergence - The price is increasing at a very fast pace but the strength index is not following the path as indicated in the chart....
Canara Bank satisfying all the right conditions for a further upside. Bollinger breakout - Ichimoku Cloud Crossover. Lets see where it goes.
1. Look to long the lower band in an uptrend 2. Reversal candlestick patterns that show signs of reversal. 3. The outer bands coincide with Support and Resistance. # SMA 200 determines the trend Bullish trend, green candles.
I have a negative bias on the FMCG sector this week. Marico has been in a strong uptrend on the 15 min chart, using the 200 Bollinger Bands, its visible how the price is moving very very close to the upper end of the Bollinger range. The strategy is to capture the decline from the current highs. The previous high is the first target at 351 and second target at...
Buy Reliance above 1315 Target 1330-1350 SL 1305
Why Tatamotors is a perfect buy. Check Time frame 5 minutes At line 1, price has pierced the UB band and there is no price action towards the lower band, so if the price breaks the line 1 at 68. 8, its a perfect buy.
The BB shows there may be bullish reversal sign for Reliance industries but VI shows continuation on bearish trend as there is no cross over happening soon ,
Creating another short position here after 6k target reached. 5500 target. Very strong 4h bottom BB band breakout through the tightened squeeze. Breakdown on the 1D chart looks imminent with 5500 lower BB. Confirmation of the breakdown trend shown through low RSI, MFI, and volume levels. 1W outlook: lower BB hits 5100. Also compare also with ichimoku cloud. More...
Presented by John Bollinger at the Online Traders Summit on 1/27/18. www.youtube.com Bollinger Bands are so popular worldwide because they tell traders whether prices are high or low on a relative basis; vital information for profitable investing. During his session, the creator of Bollinger Bands will introduce important Bollinger Band indicators and review...
Buy Above 385 If Market Day Closing Above 385 Target 420 Stoploss 362
Bollinger Bands Squeeze is a powerful yet simple trade setup. One can identify the Squeeze when bandwidth is at around 6 months low. One can enter the trade when price starts trading out of the band. Mostly this setup rewards the trader nicely as one enter the trade early with small stop loss of one candle/Bar and ride the swing. The stock has given the breakout...
In September this year the credit monitoring company plunged nearly 10% witnessing a collossal 35% drop after it disclosed last Friday a massive data breach, which possibly impacted up to 143 million Americans. The stock's drop has wiped out about $6 billion of its market value in the process. The Equifax breach was not the largest ever, but it was notable for the...
Notes on the chart. Trade Safe Regards Bravetotrade
in weekly, there was a BB squeeze, then price closed above upper BB with big volume and BB is expanding. price can move up to touch next resistance. sl - 59, tgt - 86