MCX
Synergistic Pattern: Advance (W+Flag) + Triangle + Cup_HandleLevels are mentioned on chart for Swing trading.
Please check the description section for early entry level in given stock to get better Risk to Reward ratio.
Kindly like & share this pattern. Comment with what do you think.
Follow me @ tradingview for more updates!!!
Early entry: 1340
SL: 1275
Target: 1560
RR: 3.15
Thank you. Happy Trading!!!
Best Regards,
Dr. Shamraja Nadar,
PhD in Technology.
Disclaimer
--------------------------------------------------------
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
---------------------------------------------------------
Gold: wait for an opportunityThere are two ways this can go!
1. Daily chart breaks the support and falls (after a retest probably)
2. daily chart takes a support from here where 2 HR there should exist a bullish divergence in the MACD histogram and should start going up!
Points to note: Weekly chart has a bearish divergence and daily chart also has a bearish divergence! So probability of this falling (read daily chart arrows) is more!
The game of supply and demand : distribution and accumulation
Hello! Friends,
I can with new research an idea but, before to start talk about technical Let's share your LOVE by giving me LIKES and COMMENTS.
Thanks in advanced.
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------
we can see the structure of distriibution and accumulation.
it's the part of wick off theory.
(i) accumulation shows more demand then supply and more buying presure.. means it shows more buyers or bulls
in market comparing to bulls.
(ii) distribution shows more supply then demand and more selling presure.. means it shows more seller or bears
in market comparing to bulls.