On day chart World Coin is in negative channel I think BINANCE:WLDUSDT can down to $2 because this level is the confluence zone of Golden Ratio and Horizontal Support Wait for rejection around this level to join
Chart analysis: Pattern: Symmetric triangle pattern BO happened and re-testing of BO is happening. Breakout: BO of 1.5 years trend line and support is taken at 0.618 which is Golden Ratio . Volume: Volume action is clearly visible near breakout zone. Trade setup: Entry price: Close of 1400 price break candle. Stop loss: Below 1320. Target 1: ...
Day chart I figured out Golden Ratio Zone in range 0.33 - 0.41 and this zone is supported by Fibo Channel so that make a confluence around here to support for the main trend Besides, I see the support around 0.49 but I think this support isn't strong Time will tell
Standard Cup and handle Pattern on Weekly Chart. Retracement from key dual supports. Downside is almost arrested. Low Risk High Reward. Slow Mover. Momentum will pick up later as MACD is turning bullish too.
Happiest Minds is one of the fundamentally strong multi-bagger stocks, which has corrected nearly 50% from its all-time high of 1581. It is an IT company, ranked 4 in IT Services which works on disruptive technologies such as artificial intelligence, blockchain, cloud, digital process automation, internet of things, robotics/drones, security, virtual/augmented...
BSE - Accumulation zone at 520 1. Sad thing is it falls down the primary trend 2. Weekly open and closing below the primary trend feels panic. 3. Golden ratio at 520 level, Its's an investor accumulation zone. 4. Based on the market trend it will bounce back at 520 or it will fall below and will form a new pattern. 5. If it falls below 520 then the stock recovery...
Accumulation and Distribution zone #FIBO_levels #Golden_ratio_zone #Darvas_box
Keep this stock in RADAR. it's done a good breakout. now expecting a good pullback on golden zone area with good RR.
BIOCON: Few key points to note: - Seems like Wave 4 is completed and Wave 5th have been initiated. -Respected the Golden Ratio of the prior trend. - RSI Bullish Divergence (Double Bottom) - Support taken at 200 Weekly Moving Average & EMA - Bullish Candlestick pattern formed at Official Level (Golden Ratio) & Moving Averages. I expect upside reversal in...
Confluence: 1. Moving Average 2. Break of Structure 3. Fibonacci golden level 624-630 are the demand zone levels. Once price reaches the zone, wait for candlestick confirmation and break of structure in retracement trend.
#Watchlist #TORNTPOWER (D): 482.6 CMP, Looks promising for more benefits :) #Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions. #Stocktowatch
Jindal steel taking support near 61.8% fib level after rally also forming a flag and pole pattern if breaks upper range with volume then it will be a good buy
Explained in the chart . Lets see how it pans out . Regards
BK of Baroda is retracing and looking weak for short term and after retracement it might bounce back from Fib golden ratio or initiate the downtrend. What you think. Follow my page and Inbox me for Entry/Target and SL Disclaimer: I may or may not trade this setup, kindly consult your financial advisor before initiating any trade. I will not be responsible for...
Notes on the chart Do like comment share Regards
We created a parallel channel by looking at market pivots that have lines (a), (b),....(e). If look at this chart and drawing minutely, then you will found that where are maximum points(dots). That is called gravitation to attract the price value. In the future, while the pullback price tries to test this line in the coming days. Fibonacci ratio, Many traders...
Parallel channel with gravitation on the weekly chart-: If you see the price between line (b) and (c), you will note that price is trading longer time into this area. Presently, the stock price is the (d) or value low which is support. ---------------------------------------------------------------------------------------------------------------- confluence...