Oscillators
GNFC - Regression Trend ContinuesGNFC broke out the previous H&S pattern on our long term view and then failed breakout zone on short term charts, respecting the resistance line and bounced back twice from our SL at 384 indicating short term profit booking before results.
RSI indicating bounce from support and change in trend which could give major breakout once crossed 413, hence adding more quantity now with same SL for 2-3 weeks.
WAVE Y SUB WAVE C BEGINNING OF WXY DOUBLE CORRECTIONCURRENT STRUCTURE:WXY DOUBLE CORRECTION
CURRENT LEG:WAVE Y SUB WAVE C COMMENCEMENT
WAVE Y TYPE:EXPANDED FLAT
TARGET ZONE PRICE FOR WAVE C OF EXPANDED FLAT : 290-280
MACD NEGATIVE CROSS-OVER SUGGESTING DOWNWARD MOVEMENT IN NEAR FUTURE.
AVOID LONG TILL PRICE HIT'S 290-280 PRICE ZONE.SHORTING IS NOT ADVISABLE AS RISK-REWARD IS NOT FAVORABLE. ALSO IF CONSIDERED THIS ENTIRE DOUBLE CORRECTION TO BE A WAVE 4, THEN WAVE 5 UPSIDE IS STILL REMAINING, HENCE GETTING LONG IS ADVISABLE ONCE PRICE REACHES 290-280 ZONE.
DILIP BUILDCON | 40% swing potential | DivergenceCMP- 83
SL- 75
Target- 118
(10/5/21)
-Weekly / Daily EMA negative
- AREA OF CONFLUENCE - S/R and trendline support
- RSI Divergence in 4hr TF
- Volumes are starting to pick up
- Trendline break may confirm the entry
- Crucial structural zone
Only negative factor here is stock is below important EMA's
Litecoin Will dropLitecoin will drops after 2 days because stochastic RSI shows that litecoin will drop
Go to short
FILUSDT: IS IT POSSIBLE? LAST CYCLE END WITH A 15% DROP 254.10BINANCE:FILUSDT Wave 4 is trying to support at the ideal retracement %50 rate of 125.50. Posibility of being 15% skid down , a stop limit should be placed on the 129. Can be taken Long position with 129(1.147 FiboRet) or 123(1.618 FiboRet) stop limits...