Dogecoin short-Multiple trade setupDogecoin is forming some bearish trade setup these days.It may give us some great fall after the breakout.Here are two trade ideas-swing and intraday that I wanna share with you guys in detail.check below.
Trade 1: The first one is a swing trade.Dogecoin made a beautiful double top pattern in 1H time frame which broke out it's neckline(0.9684 level) downward and now is retesting from a lower level (0.09274) on a trendline.It is now at the breakout point of the trendline and if it breaks,a short trade can be initiated to the support level of 0.08012. You might have hold it for some days.keep an eye.
Trade 2:It's an intraday.A bearish pennant is made on 15m/1h time frame and about to break out.It can break downward to the level of 0.08894.if it breaks the pattern,a short trade could be taken there.follow the levels.
Make it happen,get some good profits.Happy Trading.
Intradaytrade
Cipla Ltd 1 day time frame Cipla Ltd formed a head and shoulder pattern then beware to buy this stock it's hardly chance to break this pattern and it will go to downfall
If you short this trade then mark my entry and sL
And hope so trade will succesfull but
We will buy this trade above 1160
And this short trade are shown this analysis
MCDOWELL-N looking good for coming days#MCDOWELL-N... ✅
INTRADAY/ Short term delivery call as well
All levels given in charts ...
IF good potential seen then we work in options also if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
Nifty view for Dec 02, 2022 - Go short Dear Friends,
As discussed yesterday that all the stakes is at 18800 we had a single closing above 18800 yesterday and today we have not even touch 18800 today. I have turned bearish and I have some position on bearish side. if we close below 18618 today then we should witness a 18325 as first target next week.
For the second session for the day, if we come close to 18700/18710 then we should take 18740/750 as SL and take the bearish trade for the target of new low below 18639.
Please save your hard earn money and always trade with hedge.
Banknifty Chart Pattern AnalysisBanknifty Chart Pattern Analysis
Probability is to take support near 43100
Bulish SIgnals--
1 Accesding pattern is very popular for bulish signal
2 USD INR trends Down
3 FII data-Net Purchase activity shown
Still its believe that breakout for high after taken a valid support
NSE:BANKNIFTY
Fin nifty Intraday levels for 02.11.2022Resistance level:18675.50
Support level : 18565
****Fib Retracement levels will act as the support or resistance****
If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart
If candles are sustaining between resistance and support levels, consider as neutral
If candles are consolidating in buy zone or sell zone, wait for the breakout
If candles are sustaining or break below support level , we can expect downside move and the targets will be fib retracement levels as per chart.
If gap up or gap down opening, fib retracement levels will act as the support or resistance
*** For quick scalping use 5-minute time frame *****
Note: Pls check my previous day idea for better understanding & how it works
Please let me know in comment section if you have any queries and like the idea If you agree with the analysis.
Disclaimer:
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research