trade was analyzed on 12 April, target 1 & target 2 done
I was expecting , price will take resistance from target 2 or fib extension value 1.618 but it crossed and leading to 3rd target or fib extension value 2 .
I booked 40% at target 1st with 20% & rest booked out at 2nd target with 50% move
The stock of month
follows me for more chart...
If good volume; then it can be sold
Strategy Used: Support and Resistance, Price Action, Trendline, MACD, Volume
Sell - 1.334
Stop Loss - 1.342
Take profit - 1.3250
Note: Trade at your own risk; this is just an analysis.
Potential Opportunity as Swing Trade in NSE:DEN and also predicting positive GAIN upto 20%
SWING TRADE - RISK TO REWARD - 1:3
ENTRY - 42.75
TARGET - 50.00
STOP LOSS - 40.3
This is for Educational Purpose only, please apply your prudence & consult your adviser before any investing.
#nse #swingtrade #nifty #den #dennetworks #reliance #riskrewardratio
Bitcoin’s (BTC) market tendency to crash by over 80% after logging strong bull runs might come to an end.That is according to a new report published by California-based hedge fund Pantera Capital. In detail, the report notes that the recent periods of BTC price drops have been less severe than in the past
For instance, in 2013–2015 and 2017–2018, Bitcoin crashed...
NSE:BBTC
Structure looks quite appealing.
- Up move has rising volume with the corrective arm having below average volume per say. It looks more like a Bullish Wedge pattern in making.
- The potential support region is placed around 1160-1171 with multiple confluences converging i.e. 200 EMA along with 38.2% Fibonacci level.
- The recent up move blast has...
![GBPUSD: GBP/USD Analysis [SELL]](https://s3.tradingview.com/j/jIYlnwtH_mid.png "GBP/USD Analysis [SELL]")
