bitcoin pullback trade setup after a long bearish move and bad sentiment
btc price has formed a consolidation pattern and
on 1h time frame we can see a inverted head and shoulder pattern
initiating trade according to -
as per neckline drawn on the chart
after the breakout only we can enter long and keep stop loss below the shoulder line
info line drawn from the head of the pattern indicates the up move possibility
duration of the trade could be short term
trade with proper risk management and position sizing
M-oscillator
Crude - negative divergenceCrude is currently in a good uptrend without any major correction. This seems to be a bit unrealistic as there are not major base formations.
It is forming a negative divergence with RSI moving down and the price is moving up . 9200 is the breakdown level. Once that level is broken , we can see 8800
9500 - Sell on Rise Levels
FOSECOINDFOSCOIND
- Stock looking very bullish on charts and ready for breakout.
- Consolidated from FEB till now again ready to move UP.
- Breakout is Multiyear from 2018.
Keep on radar.
Buying Price Above - 1730
Stop loss - 1680
Targets : 1st - 1811
2nd - 2000
3rd - 2300
Big targets can be seen in medium-term.
@tradingview_ @vivek_mashrani @forextidings @Malkana30 @Equitrades @India @Bulls
An unfolding bear marketIn search of the next bottom, we look for five-wave declines to complete. Prices have been falling inside a channel and a breakout would put us in the price territory of the previous ivth wave near 16404 to the gap zone near 16484. But what if we do not breakout and keep falling below 16000 we could see a free fall with multiple extensions on the downside. Sentiment is poor and markets look oversold but will that work?
TATASTEEL LongLets wait and see if NSE:TATASTEEL can give an inverted Head and Shoulders Pattern breakout with rising RSI, price staying above 200 DMA and Bullish MACD crossover and line crosses above the zero line.
Buy when Day close Above with Volume: 1275
SL: 1150
Target: 1400
Disclaimer: For learning purpose only. I am not a SEBI registered analyst and not responsible for your profit or loss. Please consult your financial advisor before trading.
#VARROC VARROC looking bullish
volumes and chart pattern indicating good sign for further movement.
Consolidation breakout from zone.
Closing above 460 will be confirmation.
Need to hold his highs selling pressure is high in upward levels.
Can reach 510- 530 targets above that next Resistance at 570 .
Keep on radar.
-Gaurav
@Vivek-
@RAKESHBANSAL
@vijaythakkar009
@ExtremeVolume
@TheBreakOut @forextidings @Vivek- @investing @Tredingview
TV18 Broadcast Cmp 72.45 dated 26-4-2022 STRONG BUYTV18 Broadcast Cmp 72.45 dated 26-4-2022
1. Bullish Engulfing Candle made.
2. Volume Surge.
3. RSI Divergence.
Buy for a tgt of 78-82-88-92-107 SL 67
It is just a view, pls trade at your own risk.
Netflix can plunge upto ''15%''Hi Traders / Investors ,
Netflix can fall upto 560 levels from 665 levels upto maximum of 100 points because of following reasons based on technical analysis.
1) Breakout and retest of Ascending triangle pattern and Uptrend .
2) Failed to form Higher High and Higher Low.
3) Formation of Bearish RSI Divergence.
It can fall upto 615 level which can be target no.1 and 560 level can be target no. 2 , if target no.1 breaches then we can look for target no .2.
This is just an analysis so please don't take any decisions solely on this basis.
Please give thumbs up if liked this analysis , as it requires deep research.
Intraday Trade For 21-4-22Intraday Trade in Sail.
- Falling wedge pattern with major support.
- Divergence at lower timeframe indicates breakout.
- For safer side take the entry after Breakkout.
- Aggressive trader take trade at conversion point also as there is 2 confirmations(major support and Bullish divergence).
Thankyou.