Buysignal
GBP/USD LOOKING AT BUYS ON GU FROM 1.35900-1.36000Looking at buying gu from a better price from the area 1.35900-1.36000
current trend - bullish - we can see gu has been making higher highs but now we are stuck in some sort of wedge we have stopped making higher highs but also we have kinda stalled at the 1.37 level looks like this is a very good level of resistance as it has held up more than once.It has been held up around 3 times over the course of the month this looks to me like it won't hold much longer and will break above this level and fill the imbalance at 1.377 and then all the way up to the 1.42 region this lines up with the 5th wave on my Elliot wave
looking at 4hr structure everything suggest to me that GBP/USD will continue its uptrend and break out at some point for this reason I will only be looking for buys its very bullish no point trying to sell
But for now we can look for buys up to the upper G1 or even back to the 1.37 zone from a better price.
conflunces for gu buys
1. Higher highs on long term and short term time frame
2. S1Vintraday 20/01/21
3. LOWER G1
4. Also lines up with intraday fib 50%
5. Bullish trend line
6. 1hr candle imbalance
7. usd bearish long term
confluences for target
1. upper G1
2. INTRADAY R2
3. -0.50%
BUY LIMIT - 1.35900
STOP LOSS - 1.35750
TAKE PROFIT -1.36900
RISK TO REWARD 1:7
overall verdict ; Looking at price right now we can go straight to my target but lets wait and see how price plays out hopefully come to my buy zone looks like we could see a very nice move from this region . BULLISH= Looking for a little pullback before entering a buy
Look out for bullish reversal candle in my buy zone then you can enter or just set a limit order if you see strong bearish price action around this area do not enter
(DO NOT ENTER THIS TRADE IF WE BREAK BELOW OUR STOP LOSS THIS TRADE WILL BE INVALID IF WE BREAK BELOW 1.35750)
Break Out after 12 years WOW!! Multi Year Breakout.It's a multi-year breakout!! Price may give a pullback up to the channel's upper edge.
It's an investment opportunity for 2 to 3 years.
Volumes have been increased drastically for over 6 months.
Disclaimer: Don't just blindly Trade or Invest, learn and then trade. Manage your risks properly.
This analysis is purely for EDUCATIONAL purpose, just to give an idea on the price movements!!
DO NOT FORGET to put your own STOPLOSS!! KEEP STRICT STOPLOSS!
If you earn from my ideas, kindly consider donating a small part of your profits to those in need.
Always trade what you see, never trade what you feel.
ThankYou!
CholaFin - BUY for positional tradersReason for going BUY
The price has broken out of the resistance level with strong consolidation and huge volume
The RSI is above 60 which shows bullishness
The rounding bottom pattern has been retested
This is for educational purposes, based on your own money management decide to enter or not.
ACC Buy - Swing Trading Setup ( 1 - 4 weeks ) ACC Swing setup
Reasons for Buy
ACC has outperformed the benchmark index and its peers
Daily TF price is at the support area
Even though weekly TF is slightly bearish the demand zone and trend line matches which attract the buyers
Good risk to reward ratio
CANFIN HOMES BUY ABOVE 515, TARGET 580 !! It Breached 3 Yrs Old Trendline !!
May face 514 As Resistance level.
BUY ABOVE 515 !!
POSSIBLE TARGET 580
NOTE: This Analysis Based On 1 Week Timeframe,
Targets May Achieve Within Period Of 3 to 6 Months.
Feel Free To Ask For Any Technical/Fundamental Query
Comment Down Below
Educational Purpose Only.
Bajaj Consumer carePROS:-
1.Company has reduced debt.
2.Company is almost debt free.
3.Company has a good return on equity (ROE) track record: 3 Years ROE 40.41%
4.Company has been maintaining a healthy dividend payout of 64.34%
------------------------------x------------x------------------------
Cons:-
1.The company has delivered a poor growth of 0.84% over past five years.
2.Promoter holding has decreased over last 3 years: -28.82%
Looking at the pros and i feel like company has to go long way but at present the company has been delivering poor growth
This is one company which can be bought for a long term and surely the returns will be great.
As my portfolio includes only trading stocks and not any long term i am expecting a 20% to 25% of return on the stock for couple of month, lets see hope fo the best
If this stock crosses 232 i will be adding it to my portfolio, else look for a better opportunity.
Lets see and hope for the best.
TCS, BUY opportunity @ 2920Reasons to LOOK for Buy:
1) Clearly in an uptrend.
2) In the pullback phase to hit the previous support zone.
3) Support zone contains 50% retracement line.
4) Price may also hit 20MA in the zone (thus considering 20MA as support)
Look for buying opportunity in lower timeframe
SL @2882 as per Risk.
Position sizing as per Risk.
TP @2980
us30 - 1d - UP - swing trade us30 strong buy signal overall.. then pullback to again us30 going to strong buy ...