Keltner Channels Showing a change in direction indicating Cash Flow has reversed direction to positive. Macd with multiple time frames showing positive cash Flow. Squeeze Momentum Lazy Bear Shows this wound up like a rocket NASDAQ:ADXS
GLENMARK
Attached: Daily Chart as of 31st March, 2023
Bullish Opportunity in Glenmark is clear as Price has Not Only given a CLASSIC CUP & HANDLE BREAKOUT
BUT IT is also accompanied by a Squeeze Buy Signal aka the Squeeze Release !
(Note: Squeeze is a volatility and momentum indicator introduced by John Carter, which capitalizes on the tendency for price to...
Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels...
Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels...
Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels...
Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels...
In Daily chart stock is getting Bollinger band squeezed inside Keltner Channels. I marked recent history in the chart to verify this pattern and If stock gives closing above BB then it is most probably going to give at least 25% profit as per trend ATGL following.
so, Target would be anywhere near 25% and SL can be lower band or mean of BB.
Note: I'm new to...
As per volume and technical Analysis Looks Like if Natural gas Breaks 226.20-226 then will take short entry.
Indicators -
Super Trend and Keltner Channels Strategy
Only for risky Players
Sell Natural gas Below 226, Stop Loss 228.20,
Target 222.50,220
Only For Educational Purpose.
Price is congesting in a tight range. Keltner Channel is within the Bollinger Band. Once Keltner moves out of Bollinger, there is typically a nice move. Wait for direction and plan your risk.
Fantom looking bullish on the weekly chart price retraced back to the 32.8% fibonachi retracement. I believe we are at the finishing of wave 4 out of the 5 wave Elliot wave theory.
Looking back in August 2020 we top out and retrace exactly at the 38.2% fibonachi retracement, if history repeat we are likely bottom. After all we are still in a daily uptrend. We...
Based on price action major support and resistance are here, the red line acts as resistance, the green line acts as support, the red shade refers to the resistance zone and the green shade refers to the support zone. If the price breaks the support and resistance, it will move to the next support and resistance line or zone. The Keltner channel helps identify...
Based on price action major support and resistance are here, the red line acts as resistance, the green line acts as support, the red shade refers to the resistance zone and the green shade refers to the support zone. If the price breaks the support and resistance, it will move to the next support and resistance line or zone. The Keltner channel helps identify...
According to Keltner channel Bank Nifty spot taking strong support at 44745
, but if it crosses down its current low which is 44662, then it may travel to
the level of 44427.
if it crosses above 44849 then it may also travel to 45195 upside.
if it spends an hour in between 44662 to 44849 then it may remain in this range
for whole day.
XAUUSD 4 HR for 28 March 2023
1. Possibility of creating a Three Drives Pattern
2. It can go to Zone 1 and Zone 2, we have to wait properly
3. For now, it has taken support from trendline and Keltner Channel
We will wait for a proper entry.
Everything has been explained thoroughly in the chart. If you have a comment related to price action/Fibs/Trendlines it will not be replied to. This is meant to be a tutorial for semi-systematic traders only.
I have hidden my Keltner channel indicator to reduce an already cluttered chart but it has a very important place in my trading system. I hope to explain it...
Bajaj Electricals has seen a sharp breakdown since the Budget day as has other consumer durables, however todays move shows a probable V shape short term recovery as it has also come with huge volumes and a recovery from extreme RSI downside as well... tomorrows data may confirm or dispel this pattern..historically, in the daily charts this recovery has been seen...
Breaking of lower band in Keltner Channel as well Fast RSI crossing Slow RSI is an indication of bearish phase in NSE:BANKNIFTY . One can go for short position (2-5 days) with a target of 27600 in NSE:BANKNIFTY . Cheers!
