NSE:BANCOINDIA After Jan 2018 Cup & Handle Breakout > 189 After Retracement CMP Bounce from 50 Week SMA Price back in Pitchfork Targets : 226 - 272 - 318 SL: 168 RSI sustaining above 55 Volume Contraction during Retracement
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 ..
If the market continues downside as we have seen the first target would be 37951/37590
Buy above 1600 for 6,13,20+++ Sell below 1589 for 6,13,20+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
Schiff Pitchfork Since TCS has already fallen below the 0.5 line of pitchfork It is possible to touch the next level, blue line. It is also possible for slight retest before breakdown. Short Entry is possible below yesterday's low at 3385. SL is at the Pitchfork 0.5 line at 3397. Maximum target is higher at around 3290. However, it has already fallen too much....
Check 14th Oct candle, it is an potential breakout candle which is making an 833.95 high. pretty long on this one. PITCHFORK This analysis is only for educational purpose.
if you club the price action of the two recent candles (22nd and 23rd) as one single candle i think we have a valid morning star. 1. price is above long term moving averages of 150 and 200 SMA ✔ 2. Price is not above short term moving average of 50 SMA ❌ 3. Uptick in RSI ✔ 4. MACD Ok ✔ 5. price breaking out from triangle pattern ABC ✔ 6. above average volumes...
Buy above 1607 for 6,13,20+++ Sell below 1593 for 6,13,20+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
My BTC construction 1. schiff pitchfork {1st price bar - 29222.23} {2nd- 52864.23} {3rd- 43314.23} 2. channel overlap - the mid zone was drawn from 7 sept data and then cloned both up and down on exact top and bottom from mid zone 3. Basic price action and pattern on 15 mins to trade entry
a thing which struck me about this scrip was how beautifully in sync the higher and lower timeframe pitchforks are. Moving as one. The scrip formed a bullish harami/doji right on the lower parallel line with a long lower tail. So the recent correction maybe over? Next couple of days should be interesting.Will keep an eye 👀 **I will be posting ideas for my...
I do not track this scrip:NASDAQ but I just wanted to take a look after the recent big gap down and it surprised me how well it seems to be following the basic pitchfork trading theory The points mentioned on the chart correspond to the following rules: (0) prices at any point will gravitate towards the median line (i) price after reaching the median line will...
Venkeys formed bullish kicker candle on above average volumes, right on the lower parallel line of the pitchfork and looks set to breakout above the recent consolidation range. Stock is above 150 & 200 SMA ✅ MACD and RSI are A-ok ✅ CMP 3060. My Short term target 3780 (or maybe i'll trail until it hits the median (center) line depending on the strength shown) SL...
Buy above 1607 for 6,13,20+++ Sell below 1590 for 6,13,20+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
After recent attack on avax coin the price broke down the trendline and consolidated came back to the price of reversal, but showing good buying happening again. with the help of fib extensions and pitchfork i've drawn some conclusion from recent high and lows price can go up to 70-75+ levels comment your fav coin and lets discuss about it on the charts happy trading
Buy above 4875 for 15,40,70+++ Sell below 4840 for 15,40,70+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
BULLISH above 36400 for 100,200,500+++ BEARISH below 36230 For 100,200,500+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
NSE:ASHOKLEY ASHOKLEY is Gaining Volumes Day by Day and also had given break out and a retracement gas also come Risky Traders can Start Accumulating it between 131.5-137 with a stoploss of 130 on Day Closing basis 140 is the major Resistance Another Fresh Buying would Emerge If we get a Day Closing Above the levels of 140 Safe Trader can Enter Into it...