price is settling at the support bar and possibly bouncing back to the 0.50 level of Fibonacci retracement . looking for a buying OANDA:EURCHF opportunity in this pair on Monday. Have a nice day to all.
NSE:TATACHEM
t is SWING TRADE for more than 10 days.
The stock has come to its daily support zone . the zone is from 770 to 780.
As a trader we should cumulate stocks around this prices. A stop loss of 765 should be placed
A target 1 is 890 and target 2 is 950 which is 20%.
These a fib recrement ratios .618 is 1 target and .312 is 2 target
Trade...
Reasons for this long term short:
1. It’s still in a major downtrend: lets ride the wave
2. It broke previous low on daily and weekly structure
3. Waiting for pull back at entry zone( preferably at flip zone)
4. Make sure to watch for rejections from the upside(wicks at the top of the candles)
NSE:NIFTY In the longer time frame of Nifty, i view above pattern formation. Currently we are on final Leg of Corrective C wave, Considering C wave as Impulsive & 5 wave pattern, we can consider as per the shared chart. As a beginner i have tried to share my best learnt, i would request professional's to ignore any wrong in view.
After #nifty50's Doji formation...
NSE:MINDTREE
200D EMA on weekly time frame support with fib. 0.618 great time to buy at the support level, keep on track.
MINDTREE Buy on dips.
Thanks...
so BTC followed the projected path! there seems to be one more small push down before some relief is seen.
the relief could be a wave (iv) in blue or alternatively a bigger bounce (which remains to be seen that its a bullish reversal or a wave 2 rally only to fail and continue the decline down later).
Trade safe!
