SBI BANK has given a breakout of the 13-month-old Correction. RSI is above 65 , and the price trading above 200 EMA.
At present, SBIN has accomplished the corrective wave (4) and started forming an impulsive wave (5). Price has already crossed the 1.00 Fibonacci extension of waves (1) through (3), so our next target should be Fibonacci's extension of ...
Reliance is looking good on weekly chart by breaking falling trendline resistance after long time and gives a positive crossover divergence on MACD indicator too so we can see coming bullishness in this fundamentally strong counter.
Cause of long-:
1- Falling resistance trendline breakout.
2-MACD breakout.
The highest precision price is in this picture. If others are fearful, be greedy, if others are greedy, be fearful. Ethereum ETH Fibonacci weekly line, including Ethereum's short-term, medium-term, long-term, top and bottom prices, and support prices And resistance price, breakthrough price and falling price, rebound price and stepping back price, bull market...
WELSPUNIND after hitting ATH in Oct 2021 fell more than 60%.
Since hitting 52wk low stock has been taking support from a rising trendline. Past 3 months stock has been consolidating in a tight range with medium to good volume.
A break above the 200 EMA can give the stock some recovery chance.
Previously the stock gave a good breakout and reached ATH from these...
Hello Traders !
The above analysis was done on a "Monthly" basis, the holding period may take a few weeks or months to reach the targets.
Trade Setup and Analysis :
In monthly time, we can see an ascending triangle pattern on the above chart, as well as a Cup and Handle structure, which I have highlighted in the image below; both patterns were bullish in...
NSE:CNXMETAL seems to be breaking out in 3rd wave of Bull Market.
And ready to scale New Highs. It is resembling the pattern made in 2020 before mega Rally. Will The History Repeat?
I guess so. The Technical Patterns repeat because the Stock Market moves are driven by Human Emotions.
And Human Emotions never change. And hence the Chart Patterns work.
XAUUSD " Wyckoff Trading Range"
On an hourly time chart, the Wyckoff trading range and accumulation have been spotted. According to the Wyckoff theory, the price may hit the support level again to exit the odds from the current trend.
Look at the above chart: "Secondary Test has been completed with Good Volume Spike." This is where many traders would exit...
IOTA (MIOTA) Price Prediction 2022
IOTA (MIOTA) holds the 64th position on CoinGecko right now. MIOTA price prediction 2022 is explained below with a daily time frame.
The falling wedge is a bullish pattern . Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction. The falling wedge pattern...
Trading Setup:
There is a Trading Signal to Buy in AVAXUSDT Avalanche.
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 12.05
⭕️SL @ 11.25
🔵TP1 @ 14.15
🔵TP2 @ 15.90
🔵TP3 @ 18.78
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas,...
Bitcoin "Channel" Breakout Analysis
The above chart of Bitcoin laid out the Horizontal channel pattern. Horizontal channel pattern also known as the sideways trend. In general, the horizontal channel is formed during the price consolidation. In this pattern, the upper trendline, the line which connects the highs, and the lower trendline, line which connects...
Trading Setup:
There is a Trading Signal to Buy in BTCUSDT Bitcoin.
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 15924.00
⭕️SL @ 15663.00
🔵TP1 @ 16566.00
🔵TP2 @ 17000.00
🔵TP3 @ 18000.00
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked...
Trading Setup:
A Trading Signal is seen in the LINKUSDT Chainlink.
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 5.615
⭕️SL @ 4.980
🔵TP1 @ 7.357
🔵TP2 @ 8.507
🔵TP3 @ 9.770
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas,...
Ethereum ETH Fibonacci Weekly, which includes Ethereum's short-term, medium-term, long-term, top and bottom prices, support and resistance levels, breakout and breakout levels, rebound and retracement levels, bullish prices, Bear market price, as long as you know how to use it, this picture is your money printing machine. The cryptocurrency market news is flying...
Reserve Bank Of New Zealand
Interest rate decision:
The Consumer Price Index CPI rose by 7.2% in September 2022, it's fall from August's print but still higher than experts thought which the consensus is 6.5.
Economists expect the Reserve Bank of New Zealand to lift the cash rate by a record 75bps while money markets wager a roughly 65% probability for the...
The symmetrical triangle, which can also be referred to as a coil, usually forms during a trend as a continuation pattern. The pattern contains at least two lower highs and two higher lows. When these points are connected, the lines converge as they are extended and the symmetrical triangle takes shape.
Trend: In order to qualify as a continuation pattern, an...
