I have used EMA and KAMA lines here.
By using EMA line, I can get the better idea about price movement rather than using SMA && by using KAMA line I can avoid noise.
here in this chart time frame is of 60 min, EMA(20) & KAMA(14,5,30).
You can see here, whenever the EMA line crosses the KAMA line the trend changes.
My recommendations here is to go long in SUN ...
It has been observed that the price action firstly breaking above the downward channel and now initiating to form a higher high and higher low sequence indicating a reversal in the price action.
As per my analysis, price action shall further move up to the below targets.
Ascending Triangle in the making for BTC?
Setup Void if price falls Aggressively below 4050 without proper bounce.
If Setup works, i am looking for 5k+
An ascending triangle is generally considered to be a continuation pattern, meaning that it is usually found amid a period of consolidation within an uptrend, but it may also occur as a reversal pattern ...
This is weekly chart of HDFC on NSE (INDIA). Following observations are made:
1. It is in long term bull run.
2. During the previous bull run forming impulsive wave (19th Aug 2013 to 2nd March 2015), it retraced to 50% and then reversal was seen for upward move. Similar pattern is observed as it shows reversal after correction/retracement to 50%.
3. Valid ...
This is weekly chart of GLENMARK on NSE (INDIA) with CMP @ 665.55. It looks a good opportunity to take a long position in the scrip based on following observations:
1. Support zone has been marked on the chart where price has taken support multiple times in price band of 505-602. Now, the price has come out of this band indicating reversal.
2. It is also observed ...
Buy Entry 200 - 205
Stop loss 168
Minimum Price Target 248
Risk to Reward 1 : 1.50
24% Up Side potential.
The Recent move is supported by Higher Volumes. (Trading volume can help an investor identify momentum in a stock and confirm a trend. If trading volume increases, prices generally move in the same direction.)
NSE:JETAIRWAYS has been in downtrend every Jan 2018 and from the highs of 870 the price has crashed to around 260 levels. Recent news of delaying the result had an impact on the price and investors initially weren't that keen on buying the stock.
Looking at the recent trend and especially looking volume structure there is clear signs of the stock being ...
Price formation suggests a short as recommended by Victor Sperandeo in his 2B Pattern. Price closed above the previous high yesterday with good volume but got rejected immediately and closed below to low of yesterday. We can short the stock with reasonable stop loss. Risking the small amount gives an opportunity for a decent Risk to Reward ratio trade.
IDBI going to the new heights!
Go Long on IDBI Bank on monday.
Reasons for Long
1. Stocastic - Oversold
2. RSI - Oversold
3. Morning Star Formation ( Great success rate)
4. Bounced from the trend line
Any opening above
What a performance by "Retracement and Reversal"!!! Crystal Clear.
Buy on around 1:15 pm @ 26500 and Zoommmmmm
Here it is how it performed in 3 min Timeframe.
"Retracement and Reversal" Never Predicts.
Only known to future*, if this Retracement continues further its way down and gets converted to Reversal - Down Trend.
Ideally Retracements are "No New Trade Zone".
Traders who entered a LONG Position at 79 Levels would have exited at 89 Levels yesterday morning as suggested by 4th Grade Green.
*Retracement and Reversal never Predicts.