REASON FOR TRADE IDEA 1. Beautiful break of trend on 1hr timeframe 2. Retested and already dropped 3. Placed fibs, waiting for entry at 1 of the yellow zones 4. Wait for rejection on the upside (wicks at the top of the candles)
1. Broke both daily trendline(blue trendiness) for shift in momentum 2. Able to place a fib on the Daily 3. Waiting for entry in the black zone (deeper retracement) which is from 78.6 - 88.6 4. Look for rejection above the candle for best confirmation
1. Currently in a strong downtrend 2. Currently in a correction 3. Wait until it finishes and look for rejection on top of the candles for confirmation to enter 4. Also in the entry zone
1. Broke trend which is a confirmation for the short 2. Currently at the 618 entry area 3. Expect rejection on the upside soon or at the 786 for an entry
1. Market execution short at the 618 level 2. If it breaks the daily trendline (black line) you can stack your order and it confirms sellers are in complete control
1. Clear break of trend on the Weekly 2. 3rd touch on the daily red support trendline 3. As the weekly candle closes, if the new candle does not break the 618, this is a clear entry for the bullish side
1. A clear break of trend on the daily for the downside 2. The market is completing its retracement with it hitting the 618 on the fibs 3. Also have an engulfing bearish candle in current market
Overall it is in a downtrend. Market came back to my 61.8 entry area. And it’s rejecting on the zone. It also broke trend on a lower time frame to short
Titan has been trading in a range for the past few trading sessions. RSI and MACD are indicating weakness. Keep it simple. Two levels are marked. the trade will be activated once it breaks the nearest 30m candles low marked on the chart. It's always good to wait for confirmation. If it goes as expected and the price breaks the lower line, wait for it to retrace...
Keep an eye on maruti timeframe : Daily This is very crucial level
Bearish bat With PRZ = (992 - 996 ) Do share your view #KEEP THE CHART SIMPLE
Quess crop:-- if u see Quess crop chart on 2hr time frame 211 closing price of Quess... And sl will be 196-198rs and tgt 230 -238 Risk reward ratio favourable around 1:2.5 Disclaimer:-- price action work Osum because price is god.... Just share my view dont trade without your analysis.... Keep learning And growing
* 6 years rising trendline * Rising channel * 100WEMA #KeepItSimple