Xrp near breakout levelsAlthough the whole crypto market seems to be in a little bearish phase i think the downside has come to an end.
Btc and eth have shown storong support near 40000 and 3000 levels respectively, these levels have been tested multiple times and i think it is time for a reversal.
Xrp can show good upmove POST breakout.
This is not investment advice.
Price-action
SHORT BELOW 17142 LEVELWhy this Trade..??
1.Head & Shoulders Pattern(Depth is still Pending)
2.Market Sentiment
3.Trading in a Falling Path
4.Next Support 16690 is yet to reach
Buy or Sell based on the Support Break with Volume
This Analysis works for sure!!!
Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before attempting any trade.We're not responsible for any loss or profits.
Triangle Pattern Breakout - NMDCTriangle Pattern Breakout - NMDC
Disclaimer:
I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note we can use this research in my own portfolios. So don't influence yourself by this research. Please note before investing according to this educational research, please do own research and also do take advice from your financial adviser. Your any profits and loss are totally your liability. No one is liable for that. Also, please note we will not never compensate your any loss. So before investing any single rupee, please do your own research according to your risk taking capacity and after that do invest and book profits on right time.
COLPAL is at support can give up to 20-30% returnsI will buy COLPAL because :
It has been taking support at the trend line .
It has been consolidating and give big move soon.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 1459
Target : 1700/1800
Stop loss : 1400
WELCORP has broken testing resistance I will buy WELCORP because :
The price has broken the resistance
It showed a good move upwards before breaking Resistance.
The price touched the resistance thrice in same year and has broken it now so will look at buying.
Entry : 169
Target : 223
Stop loss : 154
LAXMIMACH fresh break out can give 50% returns can go for BTST I will buy LAXMIMACH because :
The price has broken resistance.
It showed a good move upwards before breaking Resistance.
The volume is also increasing.
Entry : 9450/9800
Target : 14100
Stop loss : 82300/7727
For Education Only - GBPJPY PairHello Traders,
Hope you all are doing good!!
My analysis on GBPJPY is bullish biased, If you look at daily time frame and draw Fibonacci Retracement from swing low to swing high you can clearly see price tested at 0.62 fib level.
Now if you go to weekly time frame you can see this week was doji and previous week was huge bear candle so now I'm expecting bullish candle in next week because it can form a morning star in weekly time frame if it gonna be so.
Now open 1H time frame and look at that 1H rejection candle at 0.62 fib level drawn on daily time frame which gives us a little strong indication of what the analysis is,
and that weekly doji is now consolidation in 1H time frame, there are key zones also at 0.62 fib level in daily which makes it area of confluence.
NOTE : COMMENT DOWN BELOW IF YOU NEED DIFFERENT TIME FRAME CHARTS.
Disclaimer : Don't blindly follow anyone's analysis, research on your own then trade.
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Thank YOU!!
TV18BRDCST LONG #priceaction #TV18 Multi time frame analysis
price action
stock - TV18BRDCST
Monthly TF - traingle pattern ( with stright support line , and descending resistance line )
weekly TF - same as Monthly TF
daily TF - ascending channal pattern
breakouts - already happend in Monthly tf and weekly tf .
- the new channal in daily tf is about to give breakout .
entry - Once breakout happens in daily tf of channal pattern . we can enter .
target - first big resistance in weekly and monthly tf .
sl - after breakout the current resistance line of channal .