1.Clear resistance @ Rs 32 (More Dogies formed with color momentum change)
2.Tiangle Pattern confirms there could be a break count
3.Previous Trend is Down trend
4.Nice Short trade Oppturnity.
Stop Loss @ 34
Target 1 @30 if
If its Crossed Support pivot then easy Target of 28.
The US dollar has fallen back towards its weekly pivot point against the Japanese yen currency after buyers failed to move price above the 112.00 level. The move lower is currently seen as a technical correction, as bulls have been able to maintain the USDJPY pair above the pivotal 111.68 level. The inverted head and shoulders pattern on the four-hour time frame...
Trade is valid only for the given levels
Adani Enterprise started trading range between 155-175.
175 should be its last peak and there there will be downfall from there.
Short covering has started in stock with low to almost no data above 175. should be good candidate for fall.
If in case it breaks above then FLAG pattern will be active . but from looks of...
It is a beautiful range sandwiched between Pivot Points.
It will be a simple point of trying to short.
<< tactics >>
1) When MPP (P) 0.68568 functions as a resistance line, consider a short entry.
The first limit is WePP (P) 0.67879
The second limit is WePP (S1) 0.67351
2) If you penetrate MPP (P) upwards, wait for a long entry opportunity.
Please note that...
It ranges from MPP to YPP since last month.
If it is assumed that the moon starts moving since the moon has changed, it will be the flow that aims at shorting from here again.
<< tactics >>
1) Consider a short entry when MPP (P) functions as a resistance line.
The first limit is WePP (P) 0.73924
The second limit is WePP (S1) 0.73423
WePP will be updated on...
If YPP (P) 1.08720 functions as a support line, think long.
The first limit is WePP (R1) 1.09559
The second limit is 1.10000
I would be grateful if you like it idea,give me follow or agrees!
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the...