Stock price is consolidating in the specific range we can expect around 50% returns once we complete this consolidation cycle and give a break suggested entry price 1700-1650 target 2800-3200 level in short-long term .
All the levels are marked on the chart
When the price comes to our point of interest (If at all )
--> One can short 41400 PE with (40000 CE as hedge to reduce margin)
-->Entry level :41380 spot
-->SL level :41300 spot
Managing the trade:
If the trade goes in our way
*Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost
*Exit Half of the...
Bitcoin has broken out from a triangle pattern and this might trigger a rally towards 44000$. 44K being a stiff resistance can cause reversal at higher levels. A minor Resistance is also seen at 42500$ which could also act as a trend reversal point.
Breakout might retest in the trendline which could be a potential safe entry. Price needs to sustain above the...
Interesting Price Action and charts pattern are being observed in USD/INR currency pairs.
1. The Cup and Handle Formation.
Cup formation can continue or Handle pattern can be formed and price can shoot up. As global situations are pacifying. We believe, rupee
should get bit stronger.
2. All time high Resistance
CARDANO PREDICTATION 2022 BINANCE:ADAUSDT
Cardano may hit the 500 mark very soon... As we can see the downtrend of cardano in the month of November, making the secont tringle it is mot likely to hit the mark of 500 till the end or start of 2022, a third tringle may rise in december hitting the top price till date.....
As the currency pair has broken out there is a possibility of a rally.
We can enter at the point of retest with a SL below trendline and a target neat swing high for a RR of 2:1.
The price may rally or retest the trendline before rallying further.
A "long legged Doji" is a fancy name and shows indecision in the market. Since it formed after a strong bullish candle, the dollar might grow weaker against the rupee in a short term as RSI is over bought or stay range bound. This is a speculation because market may take move in any direction. Most analysts would want to watch the next few candles to check the...