Avanti Feeds NSE (Mid to Long Term)Date- 15 March 2024
Time - 10 Am
Points to be Noted-
1. As we can see, Avanti Feeds breakout from its long-term triangle formation with Inverted Head & Shoulder Chart Pattern with strong Volume Green Candle.
2. As supporting indicator MACD is showing Seller Exhaustion with decent bullish movement so far.
3. I know we are little late but one more concept call, Poisitve Order Block with FVG (Fair Value Gap) is also applied now for more bullish confirmation.
Approx Targets we can see in Chart as per previous resistances and +order block.
Close this trade if Price move down and close below 420 on a weekly candle.
Thank You!
Orderblockanalysis
AUDUSD - SHORT ANALYSIS - We are looking at AUD/USD which clearly respects SMC and moves in a proper orderflow.
- We are also looking at a higher time frame and i will start looking for shorts in LTF, such as 15M, 5M when market bumps into our POI.
- Target is going to be 1:20 with the most tighest stoploss.