A good opportunity to buy in KNCBTC , Don't miss it.KyberNetwork/Bitcoin
New trading suggestion:
The price is in an up trend and we forecast the uptrend would continue.
But there is possibility of temporary retracement to suggested support zone (0.000235 to 0.000187), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.000235)
Ending of entry zone (0.000187)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.000274
TP2= @ 0.000313
TP3= @ 0.000369
TP4= @ 0.000440
TP5= Free
Bullish Engulfing
SREINFRA,Inverse H & S +Bull Engulf + falling wedge->> go go goNSE:SREINFRA It is trading in a falling wedge pattern and about to breakout upwards.
A valid Inverse Head & shoulders pattern has been formed and also the last two candles form Bullish Engulfing pattern.
Confluence of all these factors suggest for long positions .
Longs may be taken at current levels with tight stoploss below 100 or once it breaks the trendline with stoploss around 97.
We can see targets of 112,125 and 140.
Will it bounce back ??? { Bullish Signals }BHEL is currently at 136 levels in downtrend...
Trend reversals signals :
Postitive RSI Divergance, Bullish Hammer and Bullish Engulfing Candlestick Pattern indicates that strong uptrend trend will start..
Targets are 140/147/155/168+
SL : 130
Risk Reward is favourable..
Note: Do your own study before making any positions...