M-oscillator
FTM Long idea - very good R:R FTM is showing positive divergence in RSI and OBV both. It looks great for a long here with very little Risk .
Bitcoin Top to Bottom Analysis
Monthly chart: indicates that there has been a divergence in MACD and we can see the double top formation that was a wholistic overview, but the last three candles indicate that if the price broke below 32917 and closed below this it will complete as an inside bar which is bearish and on the downside
based on the Weekly chart 28850 is the support, whereas if the price can break out from 47900 and closed above it will start the next upside up to 64850
on the Daily chart there is no momentum and we can see clear consolidation the price making choppy moves not respecting the 50ema band
My Take: let's wait for the breakout
because there has been uncertainty in the market with UKR & RUSS war
and rumor of Russia to adopt bitcoin or the money flow might increase from the Russian side in BTC
instead taking bias better to follow the chart analysis and trade according to levels
Bullish View in Birla CableBirla Cable is howing the strength. As per the ichimoiku rule, today's close is above the cloud and future kumo
is very much bullish and chikou span is slanting upwards. All these parameters are showing the further strength in Birla Cable
More strength will be visible once it will cross 145. Worth to keep in watch list for coming days
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Rule Based Investing
# Ichimoku Cloud
# Ichimoku Followers
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How to trade like a PRO on the basis of Technical Analysis. In this analysis we'll look how the Professional Trader explore the chart before executing their Trade.
Demand Zone -
Fib Retracement -
Candlesticks -
Divergence - Divergence warns that the current trend is getting weakening and it might possible that the trend get changed in up coming session.
Volume Profile - POC - Point Of Control
It's the Big guys who moves and manipulate the market, The Retail Traders can't.
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A breakdown analysisOn January 2021 script entered a upward rising channel but was struggling to touch upper line of the channel
Watch closely 28 oct to 18 nov a breakdown from a small consilidation and also breakown occured with a ADX started to move upwards to 25 and above which further supports the running trend which is a downward trend
Took support on previous zone consolidated for 14-15 day and gave breakdown as soon as the breakdown occurred we can see ADX again showing strength reaching further upside near 45
Retesting the supply zone falling the script might enter a sideways trend or it can show further downside
A falling wedge breakouthey traders,
So today i am seeing a falling wedge breakout which is a bullish sign one can take a trade at current levels or after retesting the breakout 2H/4H chart ADX and RSI are showing strength
RED lines are target or as per risk apetite and yellow line is for stoploss
Hold for some day LIC IPO can trigger for further upside
And before entry do your own analysis before jumping
Repcohome Long (1 Feb)Repcohome Long (1 Feb)
RSI- 51
Bullish harami candle stick pattern
Hammer at 20 Day EMA
RSI Divergence
Buy at CMP- 267
SL- 254
Target- 292, 305, 320
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Charts and views are only for educational purpose.