Btc is in a upward channel righr now. This is a retracement after the bear rally. A breakdown of this channel can continue the downfall further upto 32k.
if breaks this channel with volume than 139 in no time. currently will face resistance around 131 should at this level. please refer the chart . Gratify if you appreciate the practice then you can like it, share it and If you want me to investigate any chart for you then would cherish doing that for you. Thank you for your time and support. Stay safe.
Hello, Folks, there are ✌️ types of scenarios moving on if you glance at the major surge before 8 November it's was down but since then I moved toward back in the tunnel, and currently, it is pursuing a downtrend. The barely last hope for bulls is the upper orange channel line if it crosses 223 and holds that level and then can detect the upside and for me has a...
Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the...
btc has been trading within the range of 44285 to 41140 with the pitchfork drawings we can get a breakout trade if, price is closed above 42550 stop loss of 41488 and target of 44768 , risk to reward of 1;2 this could be a positional trade for 5% move it will be depending on either target or stoploss @TradingView happy trading ..
Ref. of researched posted on Jan 11th 2022
NSE:RUSHIL broke out of ascending triangle pattern and gave a retest. Momentum leading to breakout is very high and volumes look bullish. One can enter entire position at C.M.P and place a tight stop loss (marked on the chart) for a 1:4+ RRR play. Positional traders can place a deeper stoploss below 310 and go for 1:2/2.5 RRR. Buy more of price takes support at...
NSE:EXPLEOSOL Broke out from cup and handle pattern and is consolidating in rising channel pattern. Price near trendline support. Short term traders can take a trade with a tight stop loss and go for 1:5 Risk reward play. Low momentum/volume candles near support show that price is ready to take big support. SAFE TRADERS WAIT FOR PRICE TO MAKE GREEN CANDLE...
what a beautiful consolidate here as break this box will hit target soon,,,,go with cash position trade for target 600 minimum
Trading in an upward channel pattern. Making new higher highs and lows. Consolidation near ATH level since many days. Good above 216.5 for first target as upper TL. Can breakout the pattern as well. Levels mentioned in chart. Follow strict risk management.
Looking at the chart in daily timeframe for Hemisphere Properties, we can clearly see there is a breakout from the channel pattern after almost a year of consolidation. The upper trend line of the channel has been broken with absolutely huge volume. We can see a small consolidation after the breakout which is a healthy sign for the stock to move upwards. If the...
FSL is in a major downtrend yet, for a swing trade, it's at the bottom of a parallel channel. Accumulate near the bottom of the channel and sell near the top. Long term investors can consider 200MA as a good accumulation zone.
3Stock- PVR ( Weekly chart ) Date- 12-dec-21 Sector- Movies| Entertainment Levels To Watch ... Buy - 1465 ( Trendline Support ) 1st Target - 1593 ( Resistance Line ) 2nd Target - 1809 ( Resistance Line ) Strict Stoploss - 1282 ( below Support Zone ) R:R - 1:2 ( Decent Ratio ) Time Frame - Few weeks to 1-3 months Things In Our favour 1- Trendline...
Channel support coinciding with 200MA Target : 5750 SL : 4350
Preface APOLLOTYER is preparing for a bull run. After completion of the 3rd wave at 261.2. Price had started a corrective wave ((4)) and took 38 weeks to finish this structure. A trader can trade impulsive wave ((5)) to make a high confidence trade setup. Wave Formations and Fibonacci relationships: Wave ((1))is an impulse with a 5-3-5-3-5 wave structure....
Levels mentioned on the chart. Stock is at support of the CIP zone and the falling channel pattern. Only allocate the funds that you can afford to lose. Because the stock is on continuous downtrend.
It's breakout the channel pattern and again form a channel pattern that's may be break then we will expecting 20%
BPCL already broken H&S pattern and come for retest with desending parallel channel....as this parallel channel pattern gets break...enter for 1:3 risk reward ratio....