This might be a reversal Point.This might be a reversal Point for Exide as it has bounced from it's Previous order Block Zone and Falling Wedge Pattern Formation was Also Seen Along with Bullish Divergence in RSI.
Orderblocks
Devyani International (W Bullish Pattern)Date : 10th April 2024
Time :12.00 PM
Devayani International is showing reversal from its usual support with other bullish indications.
As we can see ,
first of all W pattern is visible from strong support. also there is a bullish Divergence too.
Wave Count on Devyani is also looks like its time for ABC wave till depth of correction price level, which is 198 Rs.
Order Blocks on multiple time frame is also visible after last bullish movement.
With A Stop Loss of 150 Rs. [ i] We can Long Devyani Int.
Entry Zone will be 162 to 155 Rs with Target of 198 Rs
and RR is Minimum 1:3
HDFC BANK NSEDATE - 12th March 2024.
HDFC Bank has breakout today with good amount of candle size and volume too.
Applied Concepts
Chart P. - Inverted H&S
Positive Order Block from Daily Time Frame and Previous OB of Monthly TF as shown in chart.
Only OB is not a good option so here we have applied FVG (Fair Value Gap) also, Price Action has successfully reversed from FVG and gave confirmation for potential upside movement.
Targets
1st Target as per Chart P. is 1555 Rs.
and Further upside Target as per OB and FVG is 1700+.
Thank You!
Have a Good Day.
Valiant Organics NSE by KRSChartsDate: 24th April 2024
Time : 10:45 Am
Valiant Organics has been in my watchlist for a long time,
Finally, it seems like its Wave structure of downfall is finished with March low point.
Now in ABC Wave Structure C Wave is likely to reach till Depth of Correction Point which means Prev point of 4th wave is new Target.
Apart from this There is a Double Bottom Chart Pattern is visible too with Bullish Div on Monthly TF with RSI.
More Confirmation had arise when on 1st April its Gap up and Now showing Positive Order Block on Weekly TF too.
SO, with a SL of 394 Rs. (D Closing Basis) we can long Valiant Organics for Target of 860+ Rs. But make sure if you want to little more safe entry it will be above POC line at any price.
USOIL ORDER BLOCK | LONG TRADE [SWING TRADE]Hi Traders,
This is Usoil 1hr + 4Hr Order block trade we can see Buying from
this level..
At this level we can see some Liquidty pool.
Here we can take trade with 5 min CHoCH.
5 min CHoCH is best to take Long Trade
Note - Only for education Purpose
Follow for Daily Forex Update
XAUUSD ORDER BLOCK | BUYING TRADEHi Traders
This Area is 4Hr Order block according to SMC.
2316 to 2305 This is Liquidity Pool we can see
upside movement after taking this liquidity.
Best time to take trade is 5 min CHoCH but after Rejection.
Note - Only for education Purpose
EURUSD Order Block | Swing TradeEURUSD Short Trade
Euro Usd Swing Trade 4hr OB
Best time to enter in this trade when Euro Market is open.
5 min CHoCh is best For short
Note- Only for education Purpose
NZDUSD ORDER BLOCK | 1 HR POINZDUSD ORDER BLOCK | 1 HR POI
Hi traders..,
This is Nzdusd 1hr POI Liqudity taken now
we will see selling from 0.60170 level this best selling setup.
5 min choch best to take trade..
Note - Only for education purpose
USDCAD 1hr Bearish Order Block | 1:10 Trade Almost Hi Traders
This Usdcad 1hr Bearish Order Block at this level we can see some Liquidity
Then Cad goes down. This is best trade because it's 1:10 trade.
Note - only for education Purpose..💯
Give like share and follow
USDJPY ORDER BLOCK | BUYING TRADEHi traders,
This USDJPY 4 hr Order block.
According to smc concept we can see Buying from this level.
if you see 15 min CHoCH is best for entry.
Note - Only for education purpose
If you like my anaylsis then you should like and follow me.
GBPUSD ORDER BLOCK | SWING TRADEHi Traders,
Gbpusd Short Trader
This is gbpusd 1hr Order block we can look for short entry at this level.
with small SL.
Take Entry on 5Min CHoCH.
Note - Only for Education purpose
EuroUSD Order Block | Swing TradeEuro Usd Swing Trade 4hr OB the reason for take trade and wait for Big target.
My Target is 1.08895 Let see
Note- Only for education Purpose
Don't Blink! Critical Market Update: Nifty50's Make-or-BreakoutDear followers, it's advisable to exercise caution in the Nifty50 at this time. A secure move beyond 22,100 would signal safety for further progression, but in the absence of such movement, anticipate a healthy correction. Exercise patience, closely observe the market structure, and make informed decisions as we navigate through this period.
Unlocking Potential: Sarda Energy's Path to Progress!Sarda Energy could advance if it revisits the 4-hour bulls order block and retracement level. Should it rebound from the 4-hour bulls order block, we may view it as a chance to consider buying.
Prediction to Reality: Nifty Surpasses 21,620 with ConfidentAs predicted in our previous forecast, the Nifty index exceeded 21,620 and found strong support within the 21,300 to 21,200 range
UPL: Supply turned demandUPL(United Phosphorus Ltd.) has been declining over the past few sessions & has recently entered a supply turned demand area on weekly timeframe
Earlier in 2021, 650 was a key resistance and later on we saw a momentum filled breakout with high volumes after which the stock has been consolidating since then. For now 630 seems to be a good accumulation level as it has been tested as a support many time during this accumulation phase and below which we have higher chances of seeing further downside so it is a crucial level to watch for!
For value investors after such a long accumulation phases the breakout of the pennant can be a better opportunity as risk is high as per now.
On the fundamental side, the company has good amount of cashflows and is fairly priced at price to book ratio of 1.6 times
SETUP:
Entry near 630 keeping a strict stop loss near 595 & target up to 740 is a decent risk to reward setup.
Kindly do your own research. Thanks a lot for reading!
A Set & Forget EUR/USD Trade with the Trend: 24th of May 2023The EUR/USD has been fairly bearish over the last 3 weeks as evidenced by the consistent break of structures to the bearish side. With various fundamental factors against the Euro that supported the bearish price action such as the uncertainty behind further interest rate increases by the FED and the Debt Ceiling, this trade was able to generate returns on a 1:7 Risk to reward ratio and was executed during the London Market Hours
$FX: EURUSD
Technical Factors:
1)Bearish Supply Area identified from 1.0807 to 1.0808
2)Stop Loss of 6.8 pips and entry set at 1.0806
3)Single Target Price level set at 1.07516 was the previous structure's low
4)Major Level Break of Structure of 1.07675 that vindicated the Supply area
5)Liquidity pool below Supply Area of 1.07950 taken out by the retracement
Key Macro Factors:
1)Uncertainty for the EURO regarding the FED's future interest rate decisions
2)The lack of resolution as on the 23rd of May regarding the debt ceiling
INJUSDT might hit the 4Hr OB and may FallINJUSDT might hit the 4Hr OB and may Fall and fall to lower OB, Short if the price hit the OB on the top BINANCE:INJUSDT.P
DOTUSDT Long on 4hr Order blockDOTUSDT Long on 4hr Order block and key thing to note that btc dominance might reject on weekly timeframe and the fund can flow on altcoins which can give a altion a rally.
BINANCE:DOTUSDTPERP
ETCUSDT either can go up to the 15 min OB or 4hr OBETCUSDT either can go up to the 15 min OB or 4hr OB so sell if it hits 15mins OB first or Long if it hits 4hr OB First BINANCE:ETCUSDTPERP
SMT above PDH with GBPUSDWe are above the EQH, Sell setup forming after structure break below the asia low. Using asian range as OB we sell.
EURJPY SELLHi traders, based on the price action of last Friday, I see that the price at the moment lays close to a bearish Orderblock Area and a clear resistance level, which is being approached with very small - body candles.
As a result, I am expecting a fall to fill the Sunday - night to Monday opening.
Good Luck!
