Today candle violated the 200 EMA and Fib level 0.50. After the steep fall, index may retest the level of 16400 and next key support will be 15850 or parallel channel trendline. Thanks
These levels are valid until "0" level is not breached. Calculations are based on Gann angles. This is an educational idea.
The multiple attempt price failed to break resistance and slipped below 200 EMA and trendline support. The entry will be retest level and target & stop loss mentioned in chart itself. Thanks
#eth follow the fib ratio as a support like in previous charts 4hr TF, now if u wanna take a trade you have everything on chart sup. & resis.
Timeframe: weekly UBL created an all-time high at 1785 and started declining to overcome the demand pressure. Bulls pushed prices extremely high, and bear found that convenient to sell. The stock has respected equilibrium in the parallel channel. At this glance, the price is at the lower band of the parallel channel. If the price breaks the parallel channel,...
#icp launch at 240 and now its value is 19, don'y know what should i say about this coin. But right now, i think i can accumulate some coin near 17 and second entry near 14 but for long term.
The Fibonacci retracement is 50% complete at 290, followed by the golden ratio (61.80), which is priced at 250 and poi 200. Wait until a bullish chart pattern breaks out to buy stock. Or if this support breaks, wait until the price drops to a lower level.
Fundamentally a very strong stock. Has been on a down trend for a very long time with RSI in oversold zone. Wait for an reversal candlestick pattern at the mentioned level for long term investment.
After breaking the parallel channel, the price entered the value area. Price has started a seller initiative by going out of the price zone. Buyers responded more to sellers' initiatives with an excess. At this juncture, the price has entered the value area. The lower band indicates the demand pressure. If the price does not stay above the lower band at 17250,...
Asian pains, weak below 2893, it might test lower fib levels...................
buy long and shot in 1 hr TF, and tell me your entry and exit. I have marked fib retracement supp. and area of #confluence so trade at your own risk.
The price violated the Head & Shoulder neckline in 1D and triangle support in 15m. The chart is simple and self explanatory. Disclaimer : The market is violate , avoid carrying position and discuss with you financial advisor.
Beautifully bounced from the golden .618 level Can add more now
As discussed in Last Analysis Below 16900 low weak made low of 16203 last week. Falcon Analytics Outlook Nifty 50 for the week (Feb 28 – Mar4) Technically on the daily charts we see major support on the downside for Nifty50 index lies at 16298 levels, whereas major resistance on the upside is capped around 17176 levels. If Nifty50 index breaches...
Go Long above 3000.1 for Targets of 3297.55, and 3595 with SL 2702.65 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.382 Fibonacci level. 2. Also a bullish candlestick pattern Bullish Hammer (marked with orange color) is...
Go Long above 740.1 for Targets of 817.45, 894.8 and 972.15 with SL 662.75 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0. Fibonacci level. 2. Also a bullish candlestick pattern Bullish Hammer (marked with orange color)...
Go Long above 837.05 for Targets of 859.1, and 881.15 with SL 815 Reasons to go Long : 1. On a Daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.5 Fibonacci level. 2. In addition to this a bullish candlestick pattern Bullish Engulfing (marked with orange...
Nifty Fibonacci /Gann levels given on chart. This is my personal view for educational purpose.