Community ideas
BTC : BITCOIN: : FLAG + Double Top detectedBTC : BITCOIN: : FLAG + Double Top detected
The Wolf of Zurich has detected 2 chartist famous patterns :
1st is a "Double Top" , which gives a Bearish signal , and the price can reach : 58 000 - 56 500
The second signal is Bullish .
I detected an "ascending FLAG" , which is a Bullish signal;
And the the price can reach 71 200 - 73 00
Watch the EMA.200 Daily and the ICHIMOKU levels around 51 000 Weekly
be safe
Good trades
"PAKA PAKA ! "
#gold Next Target 70 points #MCX #commodity MarketSYmbol XAUUSD
timeframe 45 min
Analysis: uptrendmovement
HOPE our analysis is adding value to your Trading Journey.
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Nifty 50 Next Target ANalysisNifty 50 Next Target ANalysis
Timeframe Day timeframe
We can observe parallel channel. If break out happens on upper channel, we can expect a target of 25000
HOPE our analysis is adding value to your Trading Journey.
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Banknifty and nifty option tradesPlease follow levels and try to learn there is nothing like holy grail in this market , your skill will make you profitable so work on your skill , money will automatically follow.
NIFTY50 - WEEKLY ANALYSIS - 15th April #indicesNIFTY50 (1W TF) UPDATE - 15th April, 2024
Pattern: ASCENDING CHANNEL
- Reversal at the top of the Weekly Channel Resistance - Done ✓
- Might expect more of a fall in the Indian markets, mainly due to the US markets sell-off on Friday
- Geo-political tensions due to the Israel-Iran conflict might also have some repercussions
- Volatility is going to be high
- Support Levels have been marked out
Going forward with any Swing Trades:
- DO NOT jump into falling knives
- Watch higher time frames for more accurate entries
- Anyone going short on any stock, please hedge your positions
- There is and will be a lot of volatility over the next 45-60 days.
Until then, we need to be doing the following:
✓ Keep SL's in play for existing positions or trail your SL
✓ Ensure your position sizing is as per your rules
✓ Keep risk management in play at all times
And most importantly, if the market is giving you decent returns in any trade:
✓ Then book your profits and
✓ Hold your capital
Always remember:
- We can live to Fight another day; but ONLY if we are in a POSITION to do so
So Capital Preservation is Key !!
.
.
.
Become Emotionless
&
Trade Ryte
#nifty50
ATUL AUTO LTDHello and welcome to this analysis
In the higher time frame stock has reacted from its all time high zone, if 475-425 is not protected then the possibility of a double top in monthly time frame should not be ruled out.
Current resistance zone 575-625 above that resumption of strong uptrend probable.
Happy Investing