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Downtrend

HDFC LIFE Short = Multiple Time Frame Confluence Price ActionSwing Trading = Short NSE:HDFCLIFE Monthly Time Frame = Short = Down Trend Price Action Weekly Time Frame = Short = Down Trend Price Action Daily Time Frame = Short = Down Trend Price Action Already shown in the Main Idea 75mins Time Frame = Short = Down Trend Price Action Time Frame Confluence = Down Trend Monthly, Weekly, Daily and 75mins Time Frame all show Down Trend Price Action Short = 453.35 Target = 401 Stop Loss = 500 If you Continue Trailing the Stop Loss, it can give good returns, Aggressive Target can also be 345 considering Weekly is in Down Trend, so next Weekly Low will be lower than 340...
NSE:HDFCLIFEShort
by ashishd1
1
Short USDINR Downtrend Continuation Day 2Sometimes simplicity is just the key to success. Previous Channel and Current pattern in downtrend confirmed a bearish continuation again. This post is just to encourage you that you can earn with just simple analysis. A 'Symmetric Triangle' breaking downside in a downtrend confirms that bulls have been tired and couldn't take the price up again. This is a confirmation for Downtrend Continuation . With this knowledge and waiting for a price action on charts can give you better results. RSI also gave a confirmation which increased the probability of success. You do not need advanced knowledge about indicators and patterns for this. Analyse the given Entry point, SL, TGT, S&R . Most importantly just try to Trail SL below your entry point whenever possible. #Tgt1 achieved easily and RR more than 1.5 (PS: Couldn't post earlier due to technical isuues) This explanation is only for educational purpose and isn't any kind of recommendation. Don't take any action based on this explanation itself. Consider your financial advisor before taking any trades. Thanks for your time. Happy Trading and Learn something new Everyday.
UEducation
by Trader_Tech
NZD/JPY POSSIBLE SELL OPPORTUNITYNZD/JPY FOLLOWING DOWNTREND FROM A VERY LONG TIME. PRICE IS ALSO BELOW EMA200 AND ACTING AS A RESISTANCE. NOW FIRM RESISTANCE IS SEEN AROUND 65.736. AND GOOD SUPPORT IS SEEN AROUND 63.093. FIBONACCI LEVELS ALSO SHOWING THIS RESISTANCE AND SUPPORT ON ITS ONE OF THE PLOTTING POINTS. SO NOW PRICE CAN BE SEEN RETRACING TO RESISTANCE LEVEL OF 65.736 AND THEN GOING DOWNWARD TOWARDS SUPPORT LEVEL OF 63.093 AND FURTHER TARGET AREAS. ENTRY - BELOW 65.736 SL - AROUND 66.547 TP1 - AROUND 63.093 TP2 - AROUND 61.861
Short
by mkumar2294
ITC - Deep Down trend seen - Target 157ITC Limited is always a positive trend stock and the consumer will increase on daily basis, since major people cannot avoid cigarette once they addicted to it. I did deep dive analysis in ITC and noticed, deep fall in it as per technicals. It was one of challenging analysis in technical in recent times for me, since the analysis is opposite to what it is actually expected to happen in real world. Target : 157.45 Target date : 20th Sep, 2020 Breakdown seen in descending triangle chart pattern.
BSE:ITCShort
by pangusanthai
BHEL in The IslandBhel Looks Portfolio Stock Because • Positive Divergence (RSI) • Timing wise already consumed 12 years which is more than 7-8 years rally from bottoms of 11 to 390-400 zone going into 2007-2008 Financial Crisis Period • Key Reversal Candle from lows of 40’s is confirmed recently. Short term Trading Strategy Plan A - Buy above 61 for 77-80 Target zone Plan B – Sell below 55 for 49-50 / If holds below 48-49 can slip further downside to 45 Thanks for watching the video & your support.
NSE:BHEL
by WaveTalks
49