On the left side: BTC chart with japanese candlesticks (full of noises that hinder our trading decisions).
On the right side: The same chart but with Heikin Ashi candlesticks (much cleaner and more defined which helps our trading decisions).
Heikin Ashi was developed by Munehisa Homma in the 1700s and share some characteristics with standard japanese...
Idea consist of EMA 13 offset by 1
Linda 3 10 oscillator
3 10 Trend Signal
Enter Long once Linda 3 10 oscillator signal line (Red Line) crosses above zero from below
Wait for trend signal to turn green
Wait till 2 consecutive heikin ashi bullish candles closes above 13 EMA offset 1
Enter above high of second bullish heikin ashi candle
Trail your sl with13 EMA...
GOOD FOR A QUICK OPTION
Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
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Check these successful trades & approach on HDFC , HINDUNILEVER, INFOSYS ,, MOTHERSUMI , DLF , BRITANNIA
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This is test a simple stress-free strategy that we can apply on Heikin Ashi charts
Buy - when forms Bullish candle. i.e Open=Low in Henkin Ashi candle
Sell - when forms Bearish candle i.e Open = high in Henkin Ashi candle
all other candles are Doji we can ignore/wait
The problem with Heikin Ashi's chat is I do not show actual LTP. We...
Support for ETH scalpers for having 0.30-0.40% profits, 429-430 buying range with selling at around 432 for little profits. Pivot Points and VWAP act as support in 15min chart. But only make a trade with bullish crossover on SMIIO indicator. DO like if you find it helpful.
As the broader market is choppy, it's a big challenge to find outperforming stocks in such market conditions but still, I have tried to get a strong stock to trade.
-> Bullish Heikin ashi pattern
-> RSI above 60 (Shows good strength)
-> Bullish MACD with increasing divergence
-> Healthy Channel ( Angle between 45*-30*)
-> Volume Profile: I have...
After a massive rally of 899 points in two trading sessions,
Nifty has been in overbought range for some time
RSI (30 mins.) showing a little bit of tiredness already.
CCI (30 mins.) has already give a reversal signal.
Heikin Ashi candles have given a clear Sell Signals.
One can go short keeping 11660 as a stop loss.
NIFTY View in Heikin Ashi & Ichimoku perspective & different time frame.
All mentioned on Chart (time frame 4 hour)
NIFTY view as per Heikin Ashi, Ichimoku Combo. Time Frame: 1 hour
NIFTY view as per Heikin Ashi, Ichimoku Combo. Time Frame: 2 hour
Conclusion: Sell on rally , for Target: 9858, 9822, 9792 .
Once reached 9792, possibility of bounce / DN...